Business / Economic
/ Financial
[ This link to a somewhat more
cumulative blog posts page will precede current days news since
most all topics remain current in terms of impact and longer-term effect and
can be searched by topical index term more easily. The same is provided since
the blog site http://alpeiablog.blogspot.com has just been censored by google which is
typical for google as nsa / cia / gov’t shill as more are becoming aware of.
I’ve closed that blog / link. The same is true for microsoft, another co.
that’s seen their best days and relies on the government to maintain their
monopoly. Up to now the better page http://www.scribd.com/alpeia is provided for ease of formatting and
clarity thereby while the Washington Post page is the real deal but has changed
and is without elaborate formatting http://www.washingtonpost.com/wp-
srv/community/mypost/index.html?plckPersonaPage=PersonaComments&plckUserId=alpeia&newspaperUserId=alpeia (Only up to 3-11-11-you must be logged in
- (Washington Post) [ Comments COMMENTS ARE CLOSED WHILE WE UPGRADE OUR
SYSTEMS ] the comments are no longer
archived on their site
) . The following is the cumulative archive
of blog posts / topics for 2010 http://albertpeia.com/December312010postsarchive.htm or PDF formatted version http://albertpeia.com/December312010postsarchive.pdf as the new year starts anew (and
archived cumulatively by quarter http://albertpeia.com/March312011posts1stqtrarchive.htm http://albertpeia.com/May312011posts2ndqtrarchive.htm )
{ 6-11-11 - I archive malicious,
fraudulent emails sent to me, including some purporting to be from the FBI,
even Mr. Mueller himself. I foolishly in haste archived a fraudulent email
which was embodied as a zip executable file which while attempting to scan with
my antivirus promply crashed my computer / hard drive which required (to be
extra cautious on the safe side) a new hard drive … lesson learned … so in case
I cut too much from my backup file ,
this archive is available for continuity
http://albertpeia/61111archivefromcrash.htm . }
]
Lawmakers
push for a new Afghan strategy
Congressional leaders are urging President Obama to take full advantage
of progress achieved by narrowing the focus of the Afghan mission. (
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No.1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Weiner
to seek help during leave Top Democratic leaders call on N.Y. congressman,
who said he is taking a “leave of absence,” to step down. (Washington Post) [
Sounds like a plan! Drudgereport: SEXTING WEINER OFF TO REHAB
PELOSI: You gotta' go...
DNC BOSS: RESIGN...
Chorus to quit grows...
Cops probe texts to teen girl...
MSG: 'Large. Tights and cape'...
Weiner admits, says they were harmless...
THE NEW TACK: Dem rep sick, needs
treatment to 'make himself well'...
Old Flame Calls on Him to Quit...
‘…he transcript of a
nine-month "sexting" relationship Weiner had with a Las
Vegas blackjack dealer. Radar Online posted the transcript, and it is rife
with misogyny and distorted views about women. In referring to oral sex, Wiener
tells her, “You will gag on me before you c** with me in you” and “[I’m]
thinking about gagging your hot mouth with my c***.” This is not about sex.
It’s about dominating and inflicting physical pain on a woman, a fantasy the
hard-core porn industry makes billions of dollars on selling to men. You don’t
want to gag a woman with your penis unless you have some serious issues with
the way you see women. As for his
other views of women, he tells her, “I hear liberal girls are very, uh,
accommodating of other[s],” playing on a bogus stereotype that politically
liberal women are promiscuous. When he asks the woman, who is Jewish, “You give
good h**d?” and she says yes, he exclaims: “Wow a Jewish girl who sucks c***!
this thing is ready to do damage.” ‘[
What a total mental case! ]
Even Mr. Milbank weighs in: ‘The
Weiner roast Congressman finds
himself in a fight he does not relish.’ Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over the
objection of the FBI, and were promptly ‘dispatched’/assassinated / hit by
mafia / organized crime [ this was documented with authority in the book
‘Goombata: The Improbable Rise and Fall of John Gotti and His Gang’ Cummings, Volkman Though having but 5% of the world’s population, the u.s.
has 76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt america
also spends more on military than all the nations of the world combined... fed
employees / contractors, cia, all 3 branches of u.s. gov’t, 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 ]
Stocks’
plunge hits six weeks The Wall
Street slump reflects a sentiment among investors that the economic recovery is
going awry. (Washington Post) [ There never was a real recovery in economic
terms, particularly relative to costs; except, for the frauds on wall street
for whom all taxpayer largesse, ie., QE1 & 2, etc., was engineered. You
know … that wealth effect … for the frauds on wall street who did get wealthier
at everyone else’s expense. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed… an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
Selling
In May Is Very Good Advice This Year Harding Remember: Sell in May and Go Away and If You’ve Not Sold by
June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ [ He’s not alone! PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart. Minyanville's
T3 Daily Recap: Bearish Close Foreshadows Deeper Correction at Minyanville
U.S.
trade deficit shrinks A weak dollar drove up exports of goods and services
to record levels. Jobless
claims rise Companies are cutting staff as demand slows because of tight
credit and elevated energy prices. (Washington Post) [ Jobless claims worse
than expected and the glaring absence of the ‘800 pound gorilla’; viz., the
Japanese auto sector giving an artificial boost to the u.s. auto ‘balance’ is
somewhat homologous, not analogous, to a footnote on an income statement for
extraordinary (ie., one time, etc.) items and structurally, nothing has
changed. Kill-Joy
Alert: Economic Data Not as Good As It Seems, Say Analystsat Forbes 6-9-11 Heather Struck ‘If
analysts these days are seeming like “the glass is half empty” kind of guys, it
may be for days like today, when this morning’s seemingly upbeat economic data
are already being met with unenthusiastic grumbling. A smaller trade gap may be
indicative of deeper problems, analysts are saying, as global events have
already seemed to tie into the U.S.’s tenuous economic recovery.
Steven Pearlstein Managing and even measuring a recession
becomes tricky in new, global environment.
(Washington Post) [ That depends on who’s doing the measuring.
Certainly if it’s ‘no-recession-helicopter-ben b.s. bernanke’, we now all know the
great recession that bernanke said would not occur, did; and, the QE bernanke
said would work, didn’t. The bottom line is that ‘they’, individually and
collectively haven’t the slightest idea what they’re doing, nor the
slightest clue what to do. The coverup invariably militates against the
measuring. Bernanke:
Economy slowing but faster growth ahead-
AP [ Well, there you go … the new maestro, ‘no-recession-helicopter-ben
b.s. bernanke’,
has covered all his bases; yes, the economy’s slowing but as well,
faster growth ahead. Nothing to worry about now in this ‘non-zero sum game’; after all, either / or
he’s
gotta’
be right …
wrong!
The
GOP’s deficit
demands Sen. Jon Kyl offers the most
specific outline yet of Republicans’ conditions in the debt-ceiling talks. (Washington
Post) [Moody’s: U.S. credit rating at risk Agency warns of a possible credit rating
downgrade if a debt-ceiling deal cannot be reached. (Washington Post) [ I’d say, as is true of
their performance in the last phase of this ongoing crisis, they are so
typically late to the party. After all, pervasively corrupt america is already
defacto bankrupt. House
rejects debt ceiling increase The
317-to-98 vote was a bipartisan rejection of extending the nation’s current debt limit of
$14.3 trillion unless major spending reductions accompany the legislation.
(Washington Post) [ Well, perish the thought that increases in liabilities
should be commensurate with decreases in liabilities to maintain a … balance … sheet? At this point,
who’s
counting? After all, are there really degrees of defacto bankruptcy? Or, an
either / or absolute state; viz., you are or you’re not defacto bankrupt.
Pervasively corrupt, defacto bankrupt america is in fact defacto bankrupt! … Wall
Street 'Vastly Underestimating' Risk of Debt Default Forbes / Robert Lenzner StreetTalk ‘ “Meet the Press” climaxed Sunday with a startling market
prognostication from David Brooks, conservative columnist for the NY Times. The risk of a debt default over
the combustible issue of the Medicare deficit hangs over the course of the
stock market. Buyers Beware!“I was up in Wall Street this
week,” Brooks said. “They’re vastly underestimating the
source of piolitical risk here. We could have a major problem, I think, either
this summer or the next couple years. And I’d be worried about investing too much in the market. That’s my financial advice.”…’
Another
Financial Crisis Is On The Way, Mobius Says STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Harry
Dent: “Major Crash” Coming for Stocks, Commodities
Already Topping Out 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating long-term
economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the
end of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war
in Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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! ‘
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
Defense
innovation for a new era A new business model at DoD?
The Defense Department needs to break its Cold War habits and start investing
in the right innovations (Washington Post) [ First of all, defense is not
business. Investing? Cold war habits? What’s Mr. Johnson been smokin’? It’s
longing for their funding during the cold war and misguided, costly perma hot
war habits that’ve been problematic. After all, the nation is defacto bankrupt
(and what about those 360 tons of $100 bills flown into Iraq that disappeared,
etc.). Debt-reduction
talks gain speed VP (Lobotomy Joe) Biden and congressional negotiators
agree to pick up the pace of debt-reduction talks in hopes of presenting the
framework of an agreement to President Obama and congressional leaders by the
end of the month (WP) [ Sounds like a plan!
Poll:
Americans torn over debt limit
POST-ABC NEWS POLL | A large majority say the economy would probably
suffer serious harm if Congress fails to raise the federal debt limit. But
barely half support doing so, even if lawmakers also slash spending. (WP) [ I
think we’re at that point alluded to by Davis; viz., 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! ‘ 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--America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
The frauds on wall street et
als should be criminally prosecuted, jailed, fined, and disgorgement imposed… an especially great opportunity to sell /
take profits while you still can since there's much worse to come! Selling
In May Is Very Good Advice This Year Harding Remember: Sell in May and Go Away and If You’ve Not Sold by
June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ [ He’s not alone! PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart. Minyanville's
T3 Daily Recap: Bearish Close Foreshadows Deeper Correction at Minyanville
Worst
Market In Nine Years Spells Worsening Woes at Forbes Robert Lenzner StreetTalk ‘We broke through 12,000 on the Dow
today in the climax to the worst week in 9 years. It was also the
6th straight week of stock declines– widely understood to be a sign of
what’s to come in the economy. Even Apple, the darling of the tech world, sold
off every day this week– even in the face of Steve Jobs introduction of the
“cloud” storage of all our social media and entertainment software.
All this
hasn’t punctured the wishful thinking at the Fed and on Wall Street,
where corporate profits are expected to prove stock prices are too cheap.
Here’s the list of the wishful thinking items I heard or read
today;
*There won’t
be a default on US debt– or even a reduced credit rating. I have to admit
a gnawing anxiety about resolving budget cuts sufficient to raise the
debt limit by trillions. Yes, trillions. Could there really be a
political stalemate and flirtation with a crisis over our finances? I’m
beginning to think the worst of all possible worlds. China and Germany are
looking to reduce our credit rating. Comes the revolution, an overthrow of
American financial superiority.
*Oil prices
will decline and that development will allow consumers to spend
money and stimulate the economy. Maybe they will– and maybe they won’t. Rules
should installed to limit speculation in energy futures by institutional
investors.
*We are close
to a bottom in housing. My answer; we’ve been told we were close to
a bottom for many months now– and it’s an absurd notion. Yale’s Schiller is
suggesting the loss in housing values could be another 10-20%. Goldman Sachs
called this horror story over a year ago.
* If the
economy doesn’t pick up, Fed Chief Bernanke will declare QE3. Except that QE2
failed to create jobs or economic activity. It only served to help speculators
in gold, silver and oil. There will be an outcry if QE3 is declared as it only
helps the gold lovers– and they are already filthy rich.
* The bank
stocks are selling below book value; their balance sheets are clean. It’s an
enormous buying opportunity. Then, why was there talk about busting up Morgan
Stanley today. Liquidating a major investment bank? Now, that’s a
devilish sign of serious trouble on the horizon.
*Here’s the
most unhealthy element that’s operative; corporate profits and executive
compensation have been strong– while wages for ordinary Americans are lower.
“What is to be done?” asked Lenin in 1917. Neither the White House nor
Wall Street know what to do to turn this decline around.
We are all
being challenged by a deterioration that seems to have no obvious public policy
solution. Pain is coming.’
15 Reasons Markets Cracked Below Critical Trading Levels Wall St Cheat Sheet June 11, 2011, Dow 11,951 S&P500 1,270 Nasdaq 2,643 Gold 1,532
Oil 99
‘Markets were
range bound Monday through Thursday until taking a dive Friday. Oil (NYSE:USO) couldn’t stay above $100 a barrel. Gold (NYSE:GLD) and Silver (NYSE:SLV) shed a few points as the US Dollar (NYSE:UDN) had a little rally.
Fresh Off the
Press: Wall
St. Cheat Sheet’s newest Feature Trades of the Month!
Now, for the
15 reasons markets moved this week:
Monday
1) Banks
spooked a low volume market. Famed investors John
Paulson and David Tepperare offloading their holdings in financial
institutions. Bank of America (NYSE:BAC) and Citigroup (NYSE:C) are still under major scrutiny for their books.
And, Goldman Sachs (NYSE:GS) can’t shake the threat of major lawsuits. All that
was enough to put financials (NYSE:XLF) in a tailspin for the day.
2) Apple WWDC
took center stage. Tech titan Apple (NASDAQ:AAPL) announced all their big new items for the
acolytes. iCloud, iTunes Match, and the new iOS 5 were all stars of the show.
We covered the event live
in detail, then put together your
Cheat Sheet to everything you need to know about WWDC.
3) Airlines
and Autos were a major drag. The International
Air Transportation Association offered up bad news as profit outlooks
were slashed due to the disaster in Japan (NYSE:EWJ), the Grimsvotn volcano,
and rising fuel costs (NYSE:USO). On the ground, General Motors (NYSE:GM) hit fresh 52-week lows, down 1.92% to $28.56.
Tuesday
1) Bernanke
admitted the economy was slowing. Well, he admitted it then said he thinks
growth will be back soon. Don’t worry, soon. Although lustful traders were
hoping for some huge QE3 announcement, Bernanke
still gave us more QE 2.5 where the Fed will continue buying securities and
accommodating the financial markets as needed. Can someone say, ZIRP?
2) E3 took the
baton from Apple. Yesterday Apple held the tech spotlight, but today the
exciting video game sector was front and center. Microsoft (NASDAQ:MSFT), Sony (NYSE:SNE), Nintendo and all the big game makers started
pulling back the curtain on what gamers will die for during the holiday season
(Check Out: E3
Wrap Up. And the Winners are …). That’s 180 degrees away from former tech
darling Research in Motion (NASDAQ:RIMM) which
keeps crashing and burning.
3) Another
Economic Advisor gone. Austan Goolsbee will be leaving his position as chairman
of the White House’s Council of Economic Advisers. Wall St. Cheat Sheet
Assistant Editor Emily Knapp explores the deeper question, “Why
is Obama’s Economic Team Bailing Out?”
Wednesday
1) OPEC. Crude
(NYSE:USO) had been down the last few days in anticipation
of OPEC increasing the cap on production. But this morning when they decided to
maintain production restrictions at current levels, it was the only big
financial news release, so oil futures skyrocketed while everything else
remained relatively still. See
Why It’s All About That Texas Tea.
2) Tech has
been unimpressive, at best. With no really big news or cool new gadgets coming
out of Apple’s (NASDAQ:AAPL) Worldwide Developers Conference, Nokia (NYSE:NOK) continuing its downward spiral, the legality of
the AT&T’s (NYSE:T) buyout of T-Mobile still being debated, and a host
of unimpressive numbers from companies like Microsoft (NASDAQ:MSFT) and LinkedIn (NYSE:LNKD), the usually booming tech sector has been taking
a bit of a vacation this week.
3) The Beige
Book. The Federal Reserve released the Beige Book this afternoon, a snapshot of
the country’s economic condition. Unsurprisingly, we’re not doing that great.
Progress has slowed in just about every sector while many companies are facing
higher input costs, passing them on to consumers in the form of higher prices.
Nothing dampens the market like reminding people just how bad things are.
Thursday
1) Economic
Indicators. This morning data from the Federal Reserve showed the trade
deficit is narrowing. That got markets off to a good start. The
positive news was followed up by better than expected wholesale inventory
reports and significant decreases in consumer debt. Not all good news on the
macro-economic front though as initial
jobless claims were slightly worse than expected and the Fed reported a
missing $6.6
trillion dollars in consumer wealth since 2007.
2) Mining and
Agriculture led the way. In spite of reports that corn (NYSE:CORN) reserves are at the lowest levels since the
1970s, Mining and Agriculture (NYSE:RJA) stocks largely out-performed the market today. A
report from PriceWaterHouseCoopers indicating revenues in mining companies are
shooting “through
the roof” sparked the bulls in the sector, and stocks such as Deere &
Company (NYSE:DE) and Mosaic (NYSE:MOS) posted big daily returns.
3) The
Financial Sector took a breather. Bruised and battered financials (NYSE:XLF) finally took a day off from losses, with the
sector also out-performing the market on the day. Bank (NYSE:KBE) stocks were up across the board in spite of new
pending lawsuits for Morgan Stanley (NYSE:MS) and Goldman-Sachs (NYSE:GS), and a hacker-assault
on Citigroup (NYSE:C) that compromised information of over 200,000 customers.
Income from banks’ debit card transaction fees is also set to take
a big hit when the Dodd-Frank reforms go into effect next month, but
analysts believe those estimates have already worked their way into pricing.
Friday
1) Oil
Production is up. Saudi Arabia curbed oil supply fears later in the day by
announcing they would step to the plate and up oil production significantly.
The drop in oil prices was somewhat extreme given yesterday’s data that for the
first time in history oil
consumption outpaced production in 2010.
2) Dollar
prices firm. The dollar (NYSE:UUP) finished the day up 1.23% versus the Euro, + .05%
versus the Yen, and +.09% against the Pound. Currency values surged on news
that QE3 probably isn’t coming anytime soon. The same news also sent investors
into a panic and prompted stock sell-offs.
3) Bad news
overseas. A number of reports of weak economic data came in today from across
the pond in England (NYSE:EWU), where UK manufacturing output was significantly
lower than expected. Worries continued to swirl amid default concerns related
to Greek Debt and ECB offered little reassurance. News from Asia was crappy too
as Chinese markets (NYSE:FXI) were growing slower than expected and a trade
surplus was below-par level expectations, Korean bank (NYSE:EWY) raised its interest rates, and industrial
production slowed in India (NYSE:IFN). The aggregate news combined to put a damper on
the market…’
Minyanville's
T3 Weekly Recap: Market Extends Weekly Losing Streak to 6 at Minyanville
Top
3 Reasons Markets Faltered as Dow Dips Below This Psychological Level Wall St. Cheat Sheet
Is the Stock
Market Signaling a Double-Dip? ETFguide
Simon Maierhofer, June 10, 2011, Over the past few
weeks various economic indicators have been building a coffin for the U.S.
economy. Could Friday's unemployment figures be the last nail?
Before we
entertain the much dreaded D-D word (Double Dip), let's take a look at some of
the economic numbers and see if it's really that bad.
Housing
Market
May's data for
housing was all bad. It started out with weak housing starts reported on May 17
and continued with worse than expected pending home sales (May 27) and an
S&P/Case-Shiller Home Price Index that dipped to the lowest level since
March 2003.
The
discrepancy between the performance of real estate (NYSEArca: IYR - News), REIT ETFs (NYSEArca: VNQ - News), and the actual real estate
market has long highlighted the absurd power of QE2 to lift stocks but leave
the rest of the economy in the dust.
The chart
below shows the performance of the S&P/Case-Shiller Home Price Index
(20-Composite).
http://www.etfguide.com//contributor/UserFiles/8/Image/SPCase-Shiller.gif
Unemployment
This weekend's
Wall Street Journal put a positive spin on the jobless report and simply
stated: 'Job market loses momentum.' If you really look at the numbers, you'll
see that the jobless recovery never had any momentum.
It's taken a
lot of lipstick and statistical alchemy, such as excluding workers that
have been out of a job for more than 99 weeks and simply decreasing the
workforce, to keep this 'pig' more presentable than it really is.
Consumer
Confidence
Consider this
for a moment. In May 2011, small caps (NYSEArca: IWM - News) and mid caps (NYSEArca: MDY - News) reached an all-time high. I
won't spend time pointing out how contradictory this is to the global economic
(NYSEArca: EFA - News) picture.
Despite
certain segments of the market being at all-time highs and the Dow Jones (DJI:
^DJI), S&P (SNP: ^GSPC), and Nasdaq (Nasdaq: ^IXIC) at new recovery highs,
the Consumer Board's Consumer Confidence Index was at a dismal 60.8 in May.
http://www.etfguide.com//contributor/UserFiles/8/Image/CCB%20Confidence%20Index.gif
As the above
chart shows, the average reading since 1967 is 94.5. The current reading is
lower than it was after the 9-11 attacks and about as low as in 2002. Consumer
spending accounts for 75% of GDP. What happens if the consumer doesn't feel
confident?
Worse
than Expected
Other worse
than expected numbers in May came from the Empire State Manufacturing Survey,
Redbook Retail Survey, Philly Fed Survey, Durable Goods Orders, GDP, Chicago
PMI, and the ISM Manufacturing Report.
They were worse
than expected because economists - who are generally bullish at the top and
bearish at the bottom - expected much better numbers. Thanks to Citigroup, it
is now possible to quantify just how right or wrong economists are.
The Citigroup
Economic Surprise Index measures actual data outcome relative to consensus
expectations. A positive index reading means that economic releases have, on
balance, been beating consensus estimates. As of June 2, the index was at -91
(see chart below).
http://www.etfguide.com//contributor/UserFiles/8/Image/Citigroup%20ESI.gif
Dare to
be Different
Unlike most
economists, the ETF Profit Strategy Newsletter expected the market to peak out
after an April rally. Following a low-risk entry against major Fibonacci
support at 1,255 in March, the S&P formed a rare bullish dragonfly doji.
The Newsletter's forecast for the month of April (issued on April 3) read as
follows:
'A dragonfly
doji generally carries bullish implications. Considering the overall technical
picture and the bullish April seasonality, higher prices seem likely and odds
favor a buy the dips strategy over the next 1-3 weeks. There is a fairly strong
Fibonacci projection resistance at 1,369. In terms of resistance levels, the
1,369 - 1,xxx (reserved for subscribers) range is a strong candidate for a
reversal of potentially historic proportions.'
The importance
of 1,369 was re-emphasized again on May 1, with a recommendation for aggressive
investors to short the S&P against 1,369. Following a 46-month low in the
VIX (Chicago Options: ^VIX) on Friday April 29, the S&P topped on Monday
May 1, at 1,370 and hasn't really looked back since.
Adjusting
the Sensors
The purpose of
any sensor, gauge, or indicator is to signal trouble before it happens. A
'Check Engine' light doesn't help much if it lights up after the engine
blows. The proverbial canary in the coal mine is vital because it smells toxic
gases before anyone else does.
Unfortunately,
Wall Street doesn't subscribe to the concept of prevention, and neither do
economists. If they did, there wouldn't have been a 2002 tech crash (NYSEArca: XLK - News), a 2005 real-estate crash,
or a 2007 financial crash (NYSEArca: XLF - News).
Many economic
indicators (and the economy) never really recovered. Normally this is reflected
in stock prices. However, like a muzzle, QE2 has restrained the stock market
from expressing its feelings freely.
Perhaps there
is hope that Mr. Bernanke will unleash some version of QE3, but now is not the
time to base investment decisions on hope. After a 100%+ rally from the 2009
low, the easy money has been made.
Profiting in
the years to come won't be a piece of cake and may require more than the Wall
Street Journal's list of 1,000 biggest stocks and a dart…’
Ron Paul
says inflation will hit 50 percent New
Hampshire Union Leader | Inflation will hit 50 percent in the
next couple of years, thanks to the massive debt the country has accumulated.
Stocks
Fall on Dow’s Longest Slump Since 2002 Bloomberg | U.S. stocks fell for the sixth straight
week, giving the Dow Jones Industrial Average its longest slump since 2002.
Many
of us won’t be able to retire until our 80s Marketwatch.com | Many Americans will have to keep on
working well into their 70s and 80s to afford retirement.
Debt-reduction
talks gain speed VP (Lobotomy Joe) Biden and congressional negotiators
agree to pick up the pace of debt-reduction talks in hopes of presenting the
framework of an agreement to President Obama and congressional leaders by the
end of the month (Washington Post) [ Sounds like a plan! Poll:
Americans torn over debt limit
POST-ABC NEWS POLL | A large majority say the economy would probably
suffer serious harm if Congress fails to raise the federal debt limit. But
barely half support doing so, even if lawmakers also slash spending. (WP) [ I
think we’re at that point alluded to by Davis; viz., 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! ‘ 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--America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
U.S.
trade deficit shrinks A weak dollar drove up exports of goods and services
to record levels. Jobless
claims rise Companies are cutting staff as demand slows because of tight
credit and elevated energy prices. (Washington Post) [ Jobless claims worse
than expected and the glaring absence of the ‘800 pound gorilla’; viz., the
Japanese auto sector giving an artificial boost to the u.s. auto ‘balance’ is
somewhat homologous, not analogous, to a footnote on an income statement for
extraordinary (ie., one time, etc.) items and structurally, nothing has
changed. Kill-Joy
Alert: Economic Data Not as Good As It Seems, Say Analystsat Forbes 6-9-11 Heather Struck ‘If
analysts these days are seeming like “the glass is half empty” kind of guys, it
may be for days like today, when this morning’s seemingly upbeat economic data
are already being met with unenthusiastic grumbling. A smaller trade gap may be
indicative of deeper problems, analysts are saying, as global events have
already seemed to tie into the U.S.’s tenuous economic recovery.
The data
showed that the U.S. trade deficit narrowed to $43.68 billion in April, a 6.7%
drop from the month before. The drop was fueled by a $3.7 billion drop in oil
imports to the U.S., which has been dealing with higher energy prices. Kevin
Logan, chief U.S. economist for HSBC, says this detail makes the data less a
predictor of future growth than it usually would be.
“Normally an
improvement in the trade balance leads to an increase in estimates of GDP
growth in the quarter. But if the trade balance is improving because of an
across-the-board drop in demand for oil products there should be little impact
on GDP growth,” Logan said.
U.S. exports
grew 1.8% to $153.3 billion in April, the Commerce Department said. However, a
portion of that may be attributed to plant closures in Japan following the
earthquake and tsunami there, moving supply-chain momentum to the U.S.
On top of a
separate report from the Department of Labor Thursday that showed that jobless
claims were at a two-month low last week (See “Jobless
Claims Inch Higher”), the data nonetheless helped to move markets broadly
up, with the biggest gains in the Dow, which gained more than 1% by 2:00 p.m.
in New York to 12,172. U.S. Treasuries have been falling since the morning,
however, the yield on the 10-year bonds reaching 3.01% after a lengthy streak
below the 3% mark.
To round off
the day’s economic news, ECB President Jean-Claude Trichet used the words that
everyone was waiting for – “strong vigilance” – in a talk Thursday morning,
signalling that an interest rate hike may be coming for the central bank of the
EU. The euro, in response, dipped 0.5% against the dollar today to 1.4506.’
Stock
Prices Have Fallen For Six Weeks In A Row
Well,
it’s official. U.S. stock prices have fallen for six weeks in a row. So will
next week make it seven? The last time stocks declined for seven weeks in a row
was back in May 2001 when the “dot-com” bubble was bursting.
China
ratings house says US defaulting: report A Chinese ratings house has
accused the United States of defaulting on its massive debt, state media said
Friday, a day after Beijing urged Washington to put its fiscal house in order.
Time to take a
chainsaw to spending America is the largest debtor nation in the history of
the world. As the country goes deeper into the hole, how worried should we be?
Congressmen shouldn’t be worried about our credit rating, says Quantum Fund’s
Jim Rogers.
The
Handling of the Economic Crisis May Lead to Civil Unrest CNN’s Jack
Cafferty notes that a number of voices are saying that – if our economy
continues to deteriorate (which it very well might) – we are likely headed for
violence, and civil unrest is a growing certainty.
National / World
6
in 10 Americans Now Oppose Obama’s War in Libya The Atlantic | The president has made
himself vulnerable by launching the conflict without congressional cover.
Globalist
Org Reports 15,000 Dead in Libya Kurt
Nimmo | The corporate media usually dismisses Libyan claims
that the NATO terror campaign is killing innocent civilians.
Panetta:
Escalate Shadow Wars, Expand Black Ops Icing Osama bin Laden? Just the
beginning, once Leon Panetta makes it to the Pentagon.
‘Libyan
gold was globalist game all along’ NATO is continuing its barrage of the
Libyan capital, with no sign there will be any let-up until Colonel Muammar
Gaddafi goes. Western and Arab countries are showing their support for the
Libyan opposition by pledging more money.
Bilderberg Members Confronted by Protesters Outside Security
Perimeter Paul Joseph Watson
| Angry exchanges between elitists and protesters in unprecedented video
footage.
Charlie Skelton Reacts to Astounding Bilderberg
Confrontation Footage London Guardian journalist Charlie Skelton
reacts to astounding footage showing Bilderberg members being confronted by
irate demonstrators outside the security perimeter of the Suvretta hotel.
Interview With Swiss Politician Dominique Baettig Who
Confronted Bilderberg Infowars
| Swiss Politician Dominique Baettig tells Infowars.com why he has used his
position to officially question the secrecy of the Bilderberg group.
Male Prostitutes Service Bilderberg Members at Elite Summit? Paul Joseph Watson | Bilderberg
attendees photographed leaving El Paradiso compound following admission of gay
escorts being transported there.
Mentally Disabled Man Considered Terrorist by TSA Kurt Nimmo | If you continue to fly,
you are to blame for the TSA abusing the mentally disabled, pregnant women, and
children.
10 Really Stupid Things The Mainstream Media Has Said
About The Bilderberg Group In 2011 The American Dream | Most Americans will completely
ignore the Bilderberg Group because the mainstream media is telling them that
it is not an important event.
Locating
Bilderbergers Infowars.com
| On the trail of an escort who will service Bilderberg members.
Texas
Sheriff’s Office Issues Domestic Terrorism Warning The Bandera County
Sheriff’s Office issued a warning Thursday to citizens about an anti-government
movement known for acts of domestic terrorism.
F16
Crashes In Wisconsin, Eyewitness Claims Nuclear Weapons On Board As Military
Plants Cover Story? An F16 crashed in Wisconsin on Tuesday, causing the
evacuation of residents within a one mile radius of the downed aircraft.
Bilderberg
Behind Rick Perry 2012 Run Texas Governor Rick Perry is dipping his toes
into the 2012 presidential race, coincidentally, as the Bilderberg conference
convenes in St. Moritz, Switzerland. Bilderberg, notorious kingmakers in the
U.S. and Europe, tapped Perry in 2007, inviting him to the conference meeting
in Istanbul and presumably vetting him for higher office. Has his moment now
arrived?
The
Senate’s sound of silence “Quorum
calls” usually do nothing besides fill up empty minutes; this year, there are
more of them. (Washington Post) [ Ah,
yes! When there is complete silence, freedom will ring; after all, they can’t
muck up what they’re not in session to f***up!
Milbank:
Congress clocks in to clock out (Washington Post) [ ‘At 10 a.m. Tuesday morning, the Senate came
to order. Forty-one seconds later, it adjourned. During this legislative
session, there was no bill under consideration, no debate on the floor, not
even an opening prayer or a pledge of allegiance. The only senator in the
chamber was Mark Warner (D-Va.), the presiding officer. ‘After completing his gavel duties, Warner
looked up at the 20 tourists in the public gallery and wondered aloud to the
clerk what the spectators must think of the proceedings.“They think, ‘this is
our government?’ ” the clerk replied. That’s if they’re being charitable. The
Senate is supposed to be in Memorial Day recess this week. But the chamber is
so ungovernable that Majority Leader Harry Reid doesn’t even have the votes to
declare a recess. So he decided instead to have a few “pro forma” sessions,
such as Tuesday’s, allowing senators to take a vacation without voting for it.
In a sense, the Senate has been in a pro-forma session all year…’ Now who’s
being charitable … I’d say Mr. Milbank in his euphemistic description supra as
well as his unflinching defense of
wobama the b (for b***s***) despite wobama’s reneging on virtually all his
campaign promises / rhetoric to the nation’s unequivocal detriment. Thus, it is
indeed Mr. Milbank, journalistically speaking, who as well clocks in to clock
out. Simply put, wobama is nothing less than the worst of the democratic
platform combined with the worst of the republican platform. At near single
digit approval rates for congress, I find it difficult to imagine a realistic
approval rate for wobama exceeding same.
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
Dems find themselves in a tough spot (WP) [ Tough spot? Like Iraq and a
hard place called Afghanistan; indeed they are. [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Roche 'The worst part of it ...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’ 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 WP Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
]
Ex-NSA
official avoids jail time Accused leaker Thomas Drake will plead guilty to
a misdemeanor; other charges will be dropped. (Washington Post) [ This man
deserved an award or medal while the nation destroying big wall street frauds
have been too connected to fail or jail. The failed story of pervasively
corrupt, defacto bankrupt america. The story of decline and fall of a nation. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed… an especially great opportunity to sell / take profits
while you still can since there's much worse to come! ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Stock
Market: 4 Current Warning Signs Navin
‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
Selling
In May Is Very Good Advice This Year Harding Remember: Sell in May and Go Away and If You’ve Not Sold by
June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ [ He’s not alone! PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart. Minyanville's
T3 Daily Recap: Bearish Close Foreshadows Deeper Correction at Minyanville
Beating
Obama Should the GOP attack his leftist ideology or his failed leadership?
(Washington Post) [ How about all of the above and more. Clearly an anti-bush,
left-leaning wobama the b (for b***s***) would have been good for this country
and the world had he only done what he campaigned on and promised to do; yet,
he’s been little more than ‘bush 2 or 3’ and not even bush light, and hence,
also a failed president. There’s very little difference between the parties
when ‘push comes to shove’. Indeed, the incumbent ‘comradery’ with an ever
vigilant eye toward only staying in office militates against the courageous
action necessary to lessen the magnitude of the damage they’ve already done and
continue to do, both by misguided action and inaction. …
Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(NYT) [ Adapt? I don’t think so! I do believe that both nations are
regressively but nostalgically trying bring the world back to failed
geopolitical paradigms that made the 20th century the bloodiest century, not
coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall. .. Orwellian approach fostered by the purveyors of global unrest; viz.,
israel, america, Orwellian england, etc.;more specifically, diversion of the
masses from the glaring failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Weiner: What a total mental case! What can you expect from national sinkhole new york
(new york / new jersey metro area).
Jon
Stewart’s cutting Weiner satire “The
Daily Show” host stopped pulling punches and made himself the star of the
story. (Washington Post) [The comedic gift that keeps on giving …‘what’s in a
name?’ On the serious side, it’s a psychoanalytic field day; what a total
mental case! Pressure
ramps up on Weiner to resign Weiner’s
political survival in doubt Rebuked
by fellow Democrats, the congressman faces a likely House ethics committee
investigation. (Washington Post) [ But his survival as a ‘cyber hot dog’ is
assured. After all, you can’t expect to have everything in this world; you
know, ‘have your hot dog on display and eat it too’. Anthony’s Weiner is
destined to live in infinity; or should I say infamy] New X-rated Weiner photo hits
web... Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over the
objection of the FBI, and were promptly ‘dispatched’/assassinated / hit by
mafia / organized crime [ this was documented with authority in the book
‘Goombata: The Improbable Rise and Fall of John Gotti and His Gang’ Cummings,Volkman DEMS BAILING...
Old Flame Calls on Him to
Quit... ‘the
transcript of a nine-month "sexting" relationship Weiner had with a Las
Vegas blackjack dealer. Radar Online posted the transcript, and it is rife
with misogyny and distorted views about women. In referring to oral sex, Wiener
tells her, “You will gag on me before you c** with me in you” and “[I’m]
thinking about gagging your hot mouth with my c***.” This is not about sex.
It’s about dominating and inflicting physical pain on a woman, a fantasy the
hard-core porn industry makes billions of dollars on selling to men. You don’t
want to gag a woman with your penis unless you have some serious issues with
the way you see women. As for his other views of women, he tells her, “I hear
liberal girls are very, uh, accommodating of other[s],” playing on a bogus
stereotype that politically liberal women are promiscuous. When he asks the
woman, who is Jewish, “You give good h**d?” and she says yes, he exclaims: “Wow
a Jewish girl who sucks c***! this thing is ready to do damage.” ‘[ What a total mental case!
What can you expect from
national sinkhole new york (new york / new jersey metro area). ] Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over the
objection of the FBI, and were promptly ‘dispatched’/assassinated / hit by
mafia / organized crime [ this was documented with authority in the book
‘Goombata: The Improbable Rise and Fall of John Gotti and His Gang’ Cummings,Volkman
REPORT: Weiner coached woman
to lie...
TMZ: Offered PR help...
Dems Begin Peeling Off...
Breitbart says he has X-rated
photo...
WHACKED, NOT HACKED!
'Used govt.
resources'...
Breitbart: 'I Want To Hear
Truth'...
6 'inappropriate'
relationships...
ABCNEWS: Mystery Woman
Revealed...
HER STORY...
Risqué Online Chats, Photo
Swaps...
SLIDESHOW...
VIDEO: 'Web of lies'...
TWITTER TEARS:
WEINER ADMITS
REPORT: Woman claims to have
200 explicit messages from NY Dem...
IT MIGHT BE MY WEINER! REPORT: WEINER'S TALE
UNRAVELING... By
Daniel Libit Sunday, June 5,
2011 ‘As the world has attempted to make sense of Rep. Anthony Weiner’s claim
that his Twitter account was hacked, a key clue has been missing: exactly how
the notorious groin pic was posted online. But according to data provided
exclusively to The Daily from TweetCongress.org, a nonprofit website that
captures each member of Congress’s Twitter feeds in real time, the shot seen
round the world was transmitted using TweetDeck — a popular Adobe desktop
application that links up with social networking sites. A review of Weiner’s
Twitter stream from May 27, the day of the crotch pic, shows that Weiner had
been posting only from TweetDeck — one of many ways to post messages to Twitter
— that entire night. Chet Wisniewski, a senior security adviser at security
software company SophosLabs, said the TweetDeck stamp “does make it more
plausible that it did come from him.” Weiner used TweetDeck frequently, but he
often also posted from the Web directly or from his BlackBerry. A widely
circulated explanation for how Weiner’s Twitter account could have
been hacked by email would also seem to be incompatible with the fact that the
message in question originated on TweetDeck. If email had been used, the
message probably would have originated via the photosharing site Yfrog, where
the infamous picture was posted …’ [ Weiner admits he sent lewd picture; won't quit (AP)
- After days of denials, a choked-up Rep. Anthony Weiner confessed Monday
that he tweeted a photo of his bulging underpants to a young woman, and he also
admitted to "inappropriate" excha...’
Tearful US congressman admits to crotch photos (AFP) ]
'This Could Be The End For
Him'...
’Pot Calls Kettle
Black’: Donald Trump Unloads on Anthony Weiner: "He's a Psycho" - Donald Trump has a new target, and boy does
he look pleased. "The fact is, Anthony Weiner is a bad guy," the
Celebrity Apprentice honcho, who recently decided against running for...
'Have You Ever Taken A
Picture Like This Of Yourself?'...
WEINER CALLS COPS ON CBS WASHINGTON
(CBSNewYork) — ‘Congressman
Anthony Weiner said Thursday he’s finished talking about the lewd photo sent
from his Twitter account.But he still wouldn’t say whether
he’s the one in the picture.So CBS 2 political reporter Marcia Kramer
decided to go to his office on Capitol Hill to try to get you some
answers.You’ll never believe what happened.Kramer tried to get an interview
with the six-term New York Democrat and as a result had the cops called on
her.Kramer walked in to Weiner’s office, announced herself as being from CBS 2
in New York City and said she’d like to see the congressman. Those few words
created quite the stir. Doors slammed and people pretended she wasn’t there
...’ Weiner’s
efforts don’t cool furor The
congressman said that he didn’t send a lewd photo on Twitter but also that he
couldn’t “say with certitude” whether the image was of his own crotch. (Washington
Post) [ ‘Weiner’s weiner’! ‘Not cool
furor’ … how ‘bout just plain ‘not cool’. Eh … what can you expect from
national drain / sinkhole new york (new york / new jersey metro). I haven’t
read but probably agree with the following article: Listen
up, fellas: Naked man-parts? Not so sexy. (Washington Post) / … Even Mr.
Milbank weighs in: ‘The
Weiner roast Congressman finds
himself in a fight he does not relish.’ Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over the
objection of the FBI, and were promptly ‘dispatched’/assassinated / hit by
mafia / organized crime [ this was documented with authority in the book
‘Goombata: The Improbable Rise and Fall of John Gotti and His Gang’ John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, the u.s.
has 76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Germany’s
hard line on Greek bailout Officials
are demanding that private investors contribute a “substantial” amount toward
any new bailout. (Washington Post) [ Private, as in non-Greeks? Demand? Sounds
to me like something’s rotten in the state of ‘euro-mark’ … and in defacto
bankrupt america … Obama
Presses Europe, Pledges Help for Greek Crisis CNBC | Obama
offers bailout money for Greece. [ Why
doesn’t he just send them a u.s. dollar printing press; you know, one of the
old ones since only $100 presses are used in the u.s. now. Such largesse, as
the bankrupt lead the bankrupt.] Albert
Edwards: Bear market could take S&P down to 450 Posted by Prieur du
Plessis under Investment, Stocks
‘I have not referred to my friend Albert Edwards’s views for a while.
Given the rather difficult juncture at which the U.S. stock market finds
itself, I thought it opportune to consult with the big guy over at Société Générale in London.
In short, Albert sees that the structural bear market in equities has
not yet reached bottom. “We have long said that the de-bubbling process would
end only when equities become very cheap and revulsion in equities as an asset
class hangs in the air like a fog,” commented the famed strategist.
“Equity investors are in for a rude shock. The global economy is sliding
back into recession and they are still not even aware that these events will
trigger another leg down in valuations, the third major bear market since the
equity valuation bubble burst. We will return to the valuation nadir last seen
in 1982, with the S&P bottoming around 450.”
Albert is never short of drawing analogies: Investors’ continued
optimism “as the equity bloodbath of the last decade enters its final, even
bloodier phase” reminded him of the Black Knight in Monty Python & the Holy Grail. “Despite being
grievously wounded by King Arthur, the Black Knight makes light of his injuries
which he dismisses as a flesh wound. The vast bulk of the investment industry
fails to appreciate that we are locked in a structural bear market and about to
enter Act III,” he concluded.’
Drudgereport: TEMPLETON chairman: Financial
Crisis 'Around Corner'...
'WE ARE ON THE VERGE OF A GREAT, GREAT DEPRESSION...'
CHINA: USA 'ALREADY
DEFAULTING'...
REPORT: Stocks Face Rocky Week...
DOW FALLS BELOW 12,000...
Six-week losing streak
longest since Oct 2002...
Nasdaq Turns Negative for
Year...
Fed to Announce 'Final Bond Purchases' Today...
Another Housing Drop Predicted...
STUDY: Most Americans 'won't
be able to retire until their 80s'...
Cash-strapped states
considering online lottery sales...
GALLUP: OBAMA BACK UNDERWATER
45/46...
PA 2008: OBAMA 55%; 2011: 41%
APPROVAL...
FLA: Trouble in Paradise...
MURDER CONVICTION TOSSED OVER
'RACIST' COMMENTS... [ Ridiculous! ]
Swiss Politicians To March On
Bilderberg, Demand Arrest Of Kissinger...
Italian Politician 'bloodied'
sneaking into hotel...
ECONOMIC 'HORROR' AS DATA PLUNGES
Dow Has Longest Weekly Slump
Since '04...
Housing prices fall 'beats
Great Depression slide'...
CHICAGOLAND: Flash Mobs
Attack 2 Men...
WAR NO. 4: USA INTENSIFIES
SECRET YEMEN AIRSTRIKES
Chicago rapper calls Obama
'biggest terrorist' in US...
Poll: Obama approval rating
drops as fears of depression rise...
OBAMACARE GOES TO COURT...
Judges suggest they may be
ready to declare law unconstitutional...
...Express unease with gov't
forcing Americans to buy health care
Random mobs run wild in
Chicago...
TARGET CITY BUSES...
Victims seriously injured...
NYT:
SAUDIS SPENDING $7K PER CITIZEN TO AVOID OVERTHROW OF KINGDOM... DEVELOPING...
OBAMA OFFERS BAILOUT $$ FOR GREECE...
POLL: Only 24% Say They Share
President's Political Views...
Nearly half of Americans fear
another Great Depression...
OPEC BREAKDOWN, NEW OIL SPIKE...
FED: Economy falters in
several US regions...
Lack of buyers may force
Treasury to boost interest rates...
China overtakes USA as top
energy consumer...
Warns debt-default idea is
'playing with fire'...
Fitch to review US debt
rating...
TAX FURY IN ATHENS AS GOV'T
FACES DEBT
'Bankrupt' claim heightens
Spanish debt fears...
9.1%
MAY JOBS:
+54,000...
MCDONALD'S hired half...
Fears stoked of a
'double-dip'...
CBO: True Cost of Fannie,
Freddie Bailouts $317 Billion, Not $130 Billion Obama Claims...
Taxpayers Still Bailing Out Banks...
WH: 'Bumps on the road to
recovery'...
O gets booed...
LET'S GOLF ABOUT IT
China Divests 97% of Holdings
in US Treasury Bills...
DOOM: More Americans Think Economy Will Never Recover...
GOP sees Obama as
increasingly beatable...
Recovery Languishing as
Americans Await Signal of Better Times...
Congress Delivers Obama
'Stunning Rebuke on Libya'...
Weiner withdraws from
speaking engagement...
Dow tumbles 280 points...
Private Sector Jobs
Grew By Only 38,000 in May...
Planned Layoffs Up...
Manufacturing Slows...
MOODY'S: US Rating Could Be Placed Under Review...
Greece goes further into junk
territory; MOODY'S downgrades...
AP: Consumer confidence falls
'unexpectedly' in May...
BARONE: Pro-Obama media
always shocked by bad economic news...
Home-price index at lowest
point since 2006 bust...
'Double-Dip' Even Worse Than Expected...
GOLDMAN SACHS: $5 gas this
summer...
Number of federal-owned
limousines has soared under Obama...
Obama bailout of GOV'T MOTORS
to cost taxpayers at least $14 billion...
Obama solicitor general:
Don't like healthcare mandate, earn less money!
REPORT: Senate's 100 members
spend $40M for 700 offices nationwide...
7 'NATO troops' killed
Thursday were American...
British Health Care Program
in Grave Peril...
Netanyahu: Israel cannot
prevent UN recognition of Palestinian state...
First ID'ed as 'Int'l
Security Assistance Force service members'...
Deadliest day this year...
WARS RAGE ON...
U.S. Dead in Afghanistan Tops
1,500...
OBAMA HITS GOLF COURSE FOR
ROUND NO. 70...
ON THE GROUND IN LIBYA
Anti-Christian Violence
Continues in Pakistan...
UPDATE: MIAMI 'WAR ZONE'
DURING URBAN WEEKEND...
'I was scared for my life'...
Poet 'Da Real One' Gunned
Down In Front Of Miami Poetry Cafe...
Violent crime explodes in
Myrtle during Black Bike Week; 8-hour hell...
Rib Fest At Rochester beach
turns rowdy...
Riot On Long Island...
Urban Melee In Charlotte...
Chaos causes DNC concern for
convention...
Unruly urban crowd shuts down
Nashville water park...
Emanuel shuts down packed
Chicago beach; 'heat-related illnesses'...
REPORT: 'Dozens of gang
bangers'...
TEEN
GANGS UNLEASHED ON BOSTON BEACH
WHO: Radiation From
Cell Phones Can Cause Cancer...
In
same category as lead, engine exhaust, chloroform...
VIDEO: Woman Screams For Help
After TSA Molestation...
SEXTING WEINER OFF
TO REHAB
PELOSI: You gotta' go...
DNC
BOSS: RESIGN...
Chorus to quit grows...
Cops probe texts to teen
girl...
MSG: 'Large. Tights and
cape'...
Weiner admits, says they were
harmless...
Rangel defends: 'He wasn't
going out with little boys'...
THE NEW TACK: Dem
rep sick, needs treatment to 'make himself well'...
New X-rated Weiner photo hits
web...
Weiner: That's my weiner,
too...
Another Weiner Sexter
Emerges...
POLITICO on Weiner: 'Dam is
breaking'...
DEMS BAILING...
Old Flame Calls on Him to
Quit... ‘…he
transcript of a nine-month "sexting" relationship Weiner had with a Las
Vegas blackjack dealer. Radar Online posted the transcript, and it is rife
with misogyny and distorted views about women. In referring to oral sex, Wiener
tells her, “You will gag on me before you c** with me in you” and “[I’m]
thinking about gagging your hot mouth with my c***.” This is not about sex.
It’s about dominating and inflicting physical pain on a woman, a fantasy the
hard-core porn industry makes billions of dollars on selling to men. You don’t
want to gag a woman with your penis unless you have some serious issues with
the way you see women. As for his
other views of women, he tells her, “I hear liberal girls are very, uh,
accommodating of other[s],” playing on a bogus stereotype that politically
liberal women are promiscuous. When he asks the woman, who is Jewish, “You give
good h**d?” and she says yes, he exclaims: “Wow a Jewish girl who sucks c***!
this thing is ready to do damage.” ‘[ What a total mental case!
]
REPORT: Weiner coached woman
to lie...
TMZ: Offered PR help...
Dems Begin Peeling Off...
Breitbart says he has X-rated
photo...
WHACKED, NOT HACKED!
'Used govt.
resources'...
Breitbart: 'I Want To Hear
Truth'...
6 'inappropriate'
relationships...
ABCNEWS: Mystery Woman
Revealed...
HER STORY...
Risqué Online Chats, Photo
Swaps...
SLIDESHOW...
VIDEO: 'Web of lies'...
TWITTER TEARS:
WEINER ADMITS
REPORT: Woman claims to have
200 explicit messages from NY Dem...
IT MIGHT BE MY WEINER! REPORT: WEINER'S TALE
UNRAVELING... By
Daniel Libit Sunday, June 5,
2011 ‘As the world has attempted to make sense of Rep. Anthony Weiner’s claim
that his Twitter account was hacked, a key clue has been missing: exactly how
the notorious groin pic was posted online. But according to data provided
exclusively to The Daily from TweetCongress.org, a nonprofit website that
captures each member of Congress’s Twitter feeds in real time, the shot seen
round the world was transmitted using TweetDeck — a popular Adobe desktop
application that links up with social networking sites. A review of Weiner’s
Twitter stream from May 27, the day of the crotch pic, shows that Weiner had
been posting only from TweetDeck — one of many ways to post messages to Twitter
— that entire night. Chet Wisniewski, a senior security adviser at security
software company SophosLabs, said the TweetDeck stamp “does make it more plausible
that it did come from him.” Weiner used TweetDeck frequently, but he often also
posted from the Web directly or from his BlackBerry. A widely
circulated explanation for how Weiner’s Twitter account could have
been hacked by email would also seem to be incompatible with the fact that the
message in question originated on TweetDeck. If email had been used, the
message probably would have originated via the photosharing site Yfrog, where
the infamous picture was posted …’ [ Weiner admits he sent lewd picture; won't quit (AP)
- After days of denials, a choked-up Rep. Anthony Weiner confessed Monday
that he tweeted a photo of his bulging underpants to a young woman, and he also
admitted to "inappropriate" excha...’
Tearful US congressman admits to crotch photos (AFP) ]
'This Could Be The End For
Him'...
’Pot
Calls Kettle Black’: Donald Trump Unloads on Anthony Weiner: "He's a Psycho" - Donald Trump has a new target, and boy does
he look pleased. "The fact is, Anthony Weiner is a bad guy," the
Celebrity Apprentice honcho, who recently decided against running for...
'Have You Ever Taken A
Picture Like This Of Yourself?'...
WEINER CALLS COPS ON CBS WASHINGTON (CBSNewYork) — ‘Congressman Anthony Weiner said Thursday he’s
finished talking about the lewd photo sent from his Twitter account.But he
still wouldn’t say whether
he’s the one in the picture.So CBS 2 political reporter Marcia Kramer
decided to go to his office on Capitol Hill to try to get you some
answers.You’ll never believe what happened.Kramer tried to get an interview
with the six-term New York Democrat and as a result had the cops called on
her.Kramer walked in to Weiner’s office, announced herself as being from CBS 2
in New York City and said she’d like to see the congressman. Those few words
created quite the stir. Doors slammed and people pretended she wasn’t there
...’ Weiner’s
efforts don’t cool furor The
congressman said that he didn’t send a lewd photo on Twitter but also that he
couldn’t “say with certitude” whether the image was of his own crotch.
(Washington Post) [ ‘Weiner’s weiner’!
‘Not cool furor’ … how ‘bout just plain ‘not cool’. Eh … what can you expect
from national drain / sinkhole new york (new york / new jersey metro). I
haven’t read but probably agree with the following article: Listen
up, fellas: Naked man-parts? Not so sexy. (Washington Post) / … Even Mr.
Milbank weighs in: ‘The
Weiner roast Congressman finds
himself in a fight he does not relish.’ Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over the
objection of the FBI, and were promptly ‘dispatched’/assassinated / hit by
mafia / organized crime [ this was documented with authority in the book
‘Goombata: The Improbable Rise and Fall of John Gotti and His Gang’ John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, the u.s.
has 76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
US
Is Nearing Even Worse Financial Crisis: Jim Rogers Margo
D. Beller | The U.S. is approaching a financial crisis worse
than 2008. ‘The U.S. is approaching a
financial crisis worse than 2008, Jim Rogers, chief executive, Rogers Holdings,
warned CNBC Wednesday.“The debts that are in this country are skyrocketing,” he
said. “In the last three years the government has spent staggering amounts of
money and the Federal Reserve is taking on staggering amounts of debt…’
Oil
price rises sharply after Opec meeting collapses in disarray Guardian | Proposal to increase
production rejected by 6 of 12 members.
U.S. Trade
Deficit Unexpectedly Narrows Bloomberg
| The U.S. trade deficit unexpectedly narrowed in April.
Initial
Jobless Claims Rise by 1,000at
TheStreet
US
Trade Deficit Narrows, But Does This Amount Matter?Wall St. Cheat Sheet
Top 3 Reasons Markets Bounced Back After 6-Day Losing Streak
AAII
Sentiment Survey: Pessimism SpikesWall
St. Cheat Sheet
10 Reasons the Market Pullback Will Continue
Americans Don’t Believe Government Lies: “Forty-Eight
Percent Say That Another Great Depression Is Likely To Occur In The Next Year …
More Than Eight In Ten Americans Say That The Economy Is In Poor Shape” Federal
Reserve chairman Ben Bernanke says that jobs and growth will pick up in the
second half of the year.
10
Signs That Wall Street Is About To Go Into Panic Mode Can you smell the
fear? Right now world financial markets are visibly nervous and many are
worried that Wall Street is about to go into panic mode.
Here
It Comes: Obama Considering Another Fiscal Stimulus Bolded bullets aside,
good luck passing another fiscal stimulus Dear President when you can’t even
issue debt without stealing money from government retirees.
Senators
seek crackdown on “Bitcoin” currency Two senators are pressing federal
authorities to crack down on an online black market and “untraceable” digital
currency known as Bitcoins after reports that they are used to buy illegal
drugs anonymously.
National / World
18
Signs The Collapse Of Society Is Accelerating As the U.S. economy
collapses, the thin veneer of civilization that we all take for granted is
going to begin to disappear. In fact, there are already an increasing number of
signs that the collapse of society is accelerating.
Video: Richard Perle, Bill Gates, Other Delegates Spotted
At Bilderberg Infowars.com
| Arch neocon and long time Bilderberg attendee Richard Perle has been spotted
arriving at the confab.
Bilderbergers Build Wall to Hide Attendees Kurt Nimmo | Conniving elitists try
to hide behind linen wall stretched around resort.
High Quality Bilderberg 2011 Video & Photos, St.
Moritz Infowars
| High quality photos from Bilderberg 2011 at the Suvretta Hotel in San Moritz
taken by Aaron Dykes and the Infowars team.
Europe Marches on Bilderberg Tyrants Infowars.com | A large protest
against the criminal global elite hidden away in their exclusive Swiss resort
is critical if we are going to send a message of unified resistance to the New
World Order.
Obama
loses bin Laden bounce; Romney on the move among GOP contenders (Washington
Post) Steven
Pearlstein The Good Mitt had so much potential. The Bad
Mitt jeopardizes it by inartfully pandering to the right wing. (Washington Post) [ Yeah! I do think Mr.
Pearlstein has touched upon an obscure if not fine line which does indeed
undermine faith in the Romney candidacy. After all, after ‘wobama the b’ (for
b***s***) it’s ‘voter beware’ like never before. The pandering to the israeli
lobby, zionists, neo-con right wing is so unctuous and transparent that it
substantially undermines his otherwise ‘desirability factors’ as a candidate.
Wobama is a grim reminder of the damage that not doing as pledged can do to
this nation particularly, and other nations less directly (ie., mideast, euro
zone, etc.). As such, for one to support Romney in light of his indefensible,
misguided israeli stance, they’d be put in the untenable position of believing
that he didn’t mean what he said; or, put another away, that they don’t believe
what he said. Romney
says he can heal economy He kicks
off presidential bid by trumpeting his record as a turnaround specialist in
business. (Washington Post) [ Well, he’s certainly not going to do that by
toeing the israeli lobby line as did failed president wobama the b (for b***s***),
despite his recent rhetoric (meaningless coming from wobama the b) seemingly,
but not really in terms of action (he’s literally continued the perma-war
policies of war criminal and moron dumbya bush; ie., Afghanistan, Libya, etc., Drudgereport: FLASHBACK:
Obama: U.S. Involvement Would Last 'Days, Not Weeks'... OBAMA
FIGHTS FOR HIS RIGHT TO BOMB LIBYA... Deadliest
day this year... WARS
RAGE ON... U.S.
Dead in Afghanistan Tops 1,500...
OBAMA
HITS GOLF COURSE FOR ROUND NO. 70... ON
THE GROUND IN LIBYA . This despite the defacto bankruptcy of the
nation. It is time to tell the mentally deficient at the pentagon along with
other war mongering neocons that the days of their easy money, fog of war
thefts (ie., 360
tons of $100 bills flown into Iraq and ‘disappeared’, etc. ) and nebulously fat budgets are over. Stated another
way, math, economics, and finance count. I’d say law should count but we all
know that’s not the case in meaningfully lawless america (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed). Obama
is committed to Israel (Washington Post) Rahm Emanuel He’s been invested
since his first days in office.{Yes! I do believe this is among the few
instances when emanuel is telling the truth; and, pervasively corrupt, defacto
bankrupt america has the red ink, red blood (of u.s. soldiers), and failed
geopolitical strategy to prove it.}
Robert
Gates: Kucinich move on Libya ‘dangerous’ Politico | Gates says move to end Libya attack would
undermine alliances and military operations.
House
Republicans Kill Kucinich’s Libya Withdrawal Bill FoxNews.com | Yanked from schedule
only after it became clear that it might succeed. { In robert gates’ cia-alice-in-wonderland
world, a failed defacto bankrupt american banana republic with gunboat
diplomacy will do just fine (thank you very much for your wasted tax dollars).
}
Tough
choices in Europe over Greece Greece will need more than $40 billion
to keep itself afloat and sidestep a nightmare scenario: a default by one of
the countries that use the euro. (Washington Post) [ Fait accomplis? I’d say,
‘look homeward hell’s angels’. After
all, we do have near 50 such fiscal basket-cases here in the pervasively corrupt,
defacto bankrupt disunited states. Meanwhile, america / nato are frittering
money / resources away . http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST MOMENTS
BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN LADEN, THE
WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF SERVICE
ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED IN
DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(NYT) [ Adapt? I don’t think so! I do believe that both nations are
regressively but nostalgically trying bring the world back to failed
geopolitical paradigms that made the 20th century the bloodiest century, not
coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall. .. Orwellian approach fostered by the purveyors of global unrest; viz., israel,
america, Orwellian england, etc.;more specifically, diversion of the masses
from the glaring failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Low
hopes for Afghanistan Ryan Crocker
didn’t dissuade the pessimism.
(Washington Post) [ Pessimism? How about reality! Think of the most
optimal conclusion there as measured against the cost. Not worth it! And, keep
in mind an optimal conclusion is highly unlikely. Hence, at this precarious
point in pervasively corrupt, defacto bankrupt america’s history, hopes just
don’t cut it; and, are wholly insufficient to justify such costly, ill-founded,
misguided policy. Report:
Afghan nation-building effort in peril
EXCLUSIVE | Hugely expensive U.S. effort has had only limited success
and may not survive an american withdrawal, according to the findings of a
two-year congressional investigation to be released Wednesday. (Washington
Post) [ Has everybody lost their minds?
‘(Afghanistan) may not survive an american withdrawal’? How about the
reality that Afghanistan might not survive a continued american presence; and,
ditto for the occupiers, viz., defacto bankrupt america hemorrhaging red ink
therefrom and more. I’d call what they’re doing, ‘nation-destroying’ which reality
is not lost on the people affected.… 6th
soldier charged in plot to kill Afghan civilians (WP)
Afghanistan’s
Karzai gives U.S. final warning: stop killing civilians Afghan President
Hamid Karzai called on the US military on Sunday to avoid operations that kill
civilians, saying it was his “last warning” to Washington after 14 people
allegedly died in an air strike. … Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Though
having but 5% of the world’s population, u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(NYT) [ Adapt? I don’t think so! I do believe that both nations are
regressively but nostalgically trying bring the world back to failed
geopolitical paradigms that made the 20th century the bloodiest century, not
coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall. .. Orwellian approach fostered by the purveyors of global unrest; viz.,
israel, america, Orwellian england, etc.;more specifically, diversion of the
masses from the glaring failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Pressure
ramps up on Weiner to resign A
handful of Capitol Hill Democrats call for the New York congressman to step
down. (Washington Post) [ Weiner's
political life dims as lewd photo appears (AP) AP - Embattled New York Rep. Anthony Weiner's
prospects for political survival dimmed precipitously on Wednesday with the
appearance on the Internet of an X-rated photo said to be of the congressman —
and the first calls from fellow Democrats for him to step down. Weiner’s
political survival in doubt Rebuked
by fellow Democrats, the congressman faces a likely House ethics committee
investigation. (Washington Post) [ But his survival as a ‘cyber hot dog’ is
assured. After all, you can’t expect to have everything in this world; you
know, ‘have your hot dog on display and eat it too’. Anthony’s Weiner is
destined to live in infinity; or should I say infamy …] New
X-rated Weiner photo hits web...
Weiner:
That's my weiner, too...
Another
Weiner Sexter Emerges...
POLITICO
on Weiner: 'Dam is breaking'...
DEMS
BAILING...
Old
Flame Calls on Him to Quit... ‘…he transcript of a nine-month "sexting"
relationship Weiner had with a Las
Vegas blackjack dealer. Radar Online posted the transcript, and it is rife
with misogyny and distorted views about women. In referring to oral sex, Wiener
tells her, “You will gag on me before you c** with me in you” and “[I’m]
thinking about gagging your hot mouth with my c***.” This is not about sex.
It’s about dominating and inflicting physical pain on a woman, a fantasy the
hard-core porn industry makes billions of dollars on selling to men. You don’t
want to gag a woman with your penis unless you have some serious issues with
the way you see women. As for his other views of women, he tells her, “I hear
liberal girls are very, uh, accommodating of other[s],” playing on a bogus
stereotype that politically liberal women are promiscuous. When he asks the
woman, who is Jewish, “You give good h**d?” and she says yes, he exclaims: “Wow
a Jewish girl who sucks c***! this thing is ready to do damage.” ‘[ What a total mental case! ]
REPORT:
Weiner coached woman to lie...
TMZ:
Offered PR help...
Dems
Begin Peeling Off...
Breitbart
says he has X-rated photo...
WHACKED,
NOT HACKED!
'Used govt. resources'...
Breitbart:
'I Want To Hear Truth'...
6
'inappropriate' relationships...
ABCNEWS:
Mystery Woman Revealed...
HER
STORY...
Risqué
Online Chats, Photo Swaps...
SLIDESHOW...
VIDEO:
'Web of lies'...
TWITTER TEARS: WEINER ADMITS
REPORT:
Woman claims to have 200 explicit messages from NY Dem...
IT
MIGHT BE MY WEINER! REPORT:
WEINER'S TALE UNRAVELING... By Daniel Libit Sunday, June 5, 2011 ‘As the world has attempted to
make sense of Rep. Anthony Weiner’s claim that his Twitter account was hacked,
a key clue has been missing: exactly how the notorious groin pic was posted
online. But according to data provided exclusively to The Daily from TweetCongress.org,
a nonprofit website that captures each member of Congress’s Twitter feeds in
real time, the shot seen round the world was transmitted using TweetDeck — a
popular Adobe desktop application that links up with social networking sites. A
review of Weiner’s Twitter stream from May 27, the day of the crotch pic, shows
that Weiner had been posting only from TweetDeck — one of many ways to post
messages to Twitter — that entire night. Chet Wisniewski, a senior security
adviser at security software company SophosLabs, said the TweetDeck stamp “does
make it more plausible that it did come from him.” Weiner used TweetDeck
frequently, but he often also posted from the Web directly or from his
BlackBerry. A widely
circulated explanation for how Weiner’s Twitter account could have
been hacked by email would also seem to be incompatible with the fact that the
message in question originated on TweetDeck. If email had been used, the
message probably would have originated via the photosharing site Yfrog, where
the infamous picture was posted …’ [ Weiner admits he sent lewd picture; won't quit (AP)
- After days of denials, a choked-up Rep. Anthony Weiner confessed Monday
that he tweeted a photo of his bulging underpants to a young woman, and he also
admitted to "inappropriate" excha...’
Tearful US congressman admits to crotch photos (AFP) ]
'This
Could Be The End For Him'...
’Pot Calls
Kettle Black’: Donald Trump Unloads on Anthony Weiner: "He's a Psycho" - Donald Trump has a new target, and boy does
he look pleased. "The fact is, Anthony Weiner is a bad guy," the
Celebrity Apprentice honcho, who recently decided against running for...
'Have
You Ever Taken A Picture Like This Of Yourself?'...
WEINER
CALLS COPS ON CBS WASHINGTON (CBSNewYork) — ‘Congressman Anthony Weiner said Thursday he’s
finished talking about the lewd photo sent from his Twitter account.But he
still wouldn’t say whether
he’s the one in the picture.So CBS 2 political reporter Marcia Kramer
decided to go to his office on Capitol Hill to try to get you some
answers.You’ll never believe what happened.Kramer tried to get an interview
with the six-term New York Democrat and as a result had the cops called on
her.Kramer walked in to Weiner’s office, announced herself as being from CBS 2
in New York City and said she’d like to see the congressman. Those few words
created quite the stir. Doors slammed and people pretended she wasn’t there ...’
Weiner’s
efforts don’t cool furor The
congressman said that he didn’t send a lewd photo on Twitter but also that he
couldn’t “say with certitude” whether the image was of his own crotch.
(Washington Post) [ ‘Weiner’s weiner’!
‘Not cool furor’ … how ‘bout just plain ‘not cool’. Eh … what can you expect
from national drain / sinkhole new york (new york / new jersey metro). I
haven’t read but probably agree with the following article: Listen
up, fellas: Naked man-parts? Not so sexy. (Washington Post) / … Even Mr.
Milbank weighs in: ‘The
Weiner roast Congressman finds
himself in a fight he does not relish.’ Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over the
objection of the FBI, and were promptly ‘dispatched’/assassinated / hit by
mafia / organized crime [ this was documented with authority in the book
‘Goombata: The Improbable Rise and Fall of John Gotti and His Gang’ John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, the u.s.
has 76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Albert
Edwards: Bear market could take S&P down to 450 Posted by Prieur du
Plessis under Investment, Stocks
‘I have not referred to my friend Albert Edwards’s views for a while.
Given the rather difficult juncture at which the U.S. stock market finds
itself, I thought it opportune to consult with the big guy over at Société Générale in London.
In short, Albert sees that the structural bear market in equities has
not yet reached bottom. “We have long said that the de-bubbling process would
end only when equities become very cheap and revulsion in equities as an asset
class hangs in the air like a fog,” commented the famed strategist.
“Equity investors are in for a rude shock. The global economy is sliding
back into recession and they are still not even aware that these events will
trigger another leg down in valuations, the third major bear market since the
equity valuation bubble burst. We will return to the valuation nadir last seen
in 1982, with the S&P bottoming around 450.”
Albert is never short of drawing analogies: Investors’ continued
optimism “as the equity bloodbath of the last decade enters its final, even
bloodier phase” reminded him of the Black Knight in Monty Python & the Holy Grail. “Despite being
grievously wounded by King Arthur, the Black Knight makes light of his injuries
which he dismisses as a flesh wound. The vast bulk of the investment industry
fails to appreciate that we are locked in a structural bear market and about to
enter Act III,” he concluded.’
‘Albert Edwards: Thinks the Market Could Fall 70%’ [ He’s not
alone! PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart. Minyanville's
T3 Daily Recap: Bearish Close Foreshadows Deeper Correction at Minyanville
The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed… an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
Selling
In May Is Very Good Advice This Year Harding Remember: Sell in May and Go Away and If You’ve Not Sold by
June, You’re a Loon! ‘
Here's
The Proof U.S. Companies Are Taking Jobs Abroad at Forbes Robert Lenzner StreetTalk ‘The jobs are going to the foreign affiliates
of U.S. companies in far greater numbers than the jobs that are created for
U.S. affiliates of U.S. companies. The proof of the pudding is in a chart
below, recommended to Forbes by the Ewing Marion Kauffman
Foundation in Kansas City, that is recognized as a fountain of research
and ideas about entrepreneurship. The more the entrepreneurship, the more
the jobs, the more the success of the U.S. economy.
Chart http://blogs-images.forbes.com/robertlenzner/files/2011/06/lenzners-chart.png
Since 1982 the
index of jobs going to the foreign affiliates of U.S. companies has risen
some 80% from a low of 100 in 1982 to 180 currently. By comparison, the index
of jobs at the U.S. affiliates of U.S. companies rose from 100 in 1982 to a
peak of 130 in 2000–before the tech bubble and the housing bubble– and in
the last decade has fallen back to 110. This means the number of jobs created
by US companies inside the nation has risen by only 10% over 30 years.
By another
comparison, the jobs created by new small business in the U.S. has increased by
20 million over the 1980-2005 period. We will try to determine if this
rate of job creation is continuing. Obviously, something must be done to reduce
the unemployment rate of 9.1%– as well as the underemployed rate of 15-20%.
Kauffman’s
Dane Stangler, director of research, believes many of these new jobs were
created by employees, who lost their positions at a large company, and t
hen went into business for themselves. This probably won’t be sufficient to
dent the unemployment rate today.
Public policy
measures like the Fed’s quantitative easing and the Obama administration’s
Recovery Act just did not pack sufficient wallop to get the job done. “To
bring the unemployment rate down, GDP growth needs to be more rapid,” Christina
Romer, former chairman of Obama’s economic advisors, said recently in a speech.
“We need to be adding not 100,000 to 200,000 jobs a month, but more like
400,000 or even 500,000 per month.”
QE2, Romer
insisted,”came a year too late,” and the Recovery Act “wasn’t big enough.” ‘
Beige
Book: Fed's Snapshot Shows Scuffling Economyat Forbes Steve Schaefer ‘A day after sweeping
remarks from Ben Bernanke
that touched on everything from the economic
soft patch to commodity inflation to bank
regulation, the Federal Reserve released its the Beige
Book for its June 21-22 meeting. The snapshot of economic conditions from
the central bank’s 12 districts supported the chairman’s view of a continuing,
though decelerating, recovery.
Dallas was a
bright spot, the lone district to indicate growth is speeding up, while New
York, Philadelphia, Atlanta, and Chicago all noted slowing growth. Consumer
spending turned mixed since the last Beige Book released April 13, which comes
as little surprise as households continued to feel the pinch of higher prices
at the pump even as crude oil eased back below the $100 threshold ...
The report
noted some challenges in auto sales attributed to supply disruptions from
March’s natural disaster in Japan. Automakers like GM, Ford and Toyota have
acknowledged the impact of such disruptions, but the effect is likely
temporary.
There was
nothing to write home about in the housing portion of the report, as Fed
districts reported “widespread weakness” in residential construction and real
estate, though rental housing conditions have strengthened and let to a pickup
in development. Loan demand was steady to stronger, the Fed says, amid broad
improvement in credit quality, which should come as little surprise given the
massive post-crisis deleveraging undertaken by households and businesses that
continues apace.
Other segments
of the Beige Book offered further confirmation of trends that are
well-established. Manufacturing growth continues, but at a slower pace, the
labor market is lackluster at best and companies are facing challenges in
passing along higher input prices – like oil, agricultural commodities and
industrial metals – to customers.
The release of
the Beige Book comes with U.S. stocks trying, and failing to break a losing
streak. Ninety minutes to the close the major indexes were near session lows
with the Dow Jones industrial average off 12 points at 12,059, the S&p 500
4 points at 1,281 and the Nasdaq 23 points at 2,679.
Earlier
Wednesday, concerns of slower growth continued to surface in the government
bond market as an auction of $21 billion in 10-year Treasury notes drew a yield
of 2.97% amid strong demand. The rate was the lowest since November.’
Oil's
Path Is Only Up From Here: Analyst at
Forbes Heather Struck ‘After OPEC’s production talks in Vienna
broke down Wednesday the door is likely open to continued high oil prices, and
strengthening demand is only helping to put further pressure on crude oil’s
record levels this year.
In May Saudi
Arabia boosted its output by 450,000 barrels a day to 9 million barrels
of oil in order to meet supply levels. In the U.S. demand has been growing
robustly, at 19.2 million barrel per day.
Energy stocks
are seeing gains for two Dow components – Exxon Mobile and Chevron – which were up 2% and 1% respectively Wednesday.
While gasoline
and energy push up demand at a robust pace, supply is facing headwinds. Libya
has ceased production while its nation undergoes a forceful change of
leadership, and Russia’s production is spotty.
“Production is
going to be erratic for the rest of the year” says Amrita Sen, an energy
analyst for Barclays Capital. There will pockets of weakness in the Middle East
and China, and there will be pockets of strength in the U.S., Canada and
Brazil.
If oil prices
were going to be stabilized through production levels, it would have been at
the OPEC meeting today, where Middle Eastern nations such as Iran and Saudi
Arabia argued over politics. After the talks failed, “everything is [up to]
Saudi Arabian policy,” according to Sen.
In a May 26
note, Sen said the OPEC meeting would be a test for oil prices for the
remainder of the year
The trigger for the
next move higher, in our view, could be the upcoming OPEC meeting on June 8,
where the lack of a proactive approach to mitigating the shortfalls in the
market could serve to significantly tighten balances.
Investors seemed to take that possibility into
account Wednesday, as West Texas intermediate crude moved up 1.8% to $100.85 a
barrel, while Brent crude eased slightly from the day’s high, landing at
$117.85.’
Minyanville's
T3 Daily Recap: Market Again Fades Late, Chinese Internet Beating Continuesat Minyanville
Top
3 Reasons Markets were Down While OPEC Pushed Oil UpWall St. Cheat Sheet June 8,
2011, 5:13 pm EDT
Markets closed
down on Wall Street: DJI -0.18% SP500 -0.42% Nasdaq -0.97% Gold - 0.41% Oil
2.05% .
On the
commodities front, Oil (NYSE:USO) rocketed up past $100 a barrel after OPEC decided
not to increase a cap on oil production, while precious metals were down
with Gold (NYSE:GLD) ending regular trading down 0.41% and
Silver (NYSE:SLV) down 0.25% at close…
Today’s
markets were mixed because:
1) OPEC. Crude
(NYSE:USO) had been down the last few days in anticipation
of OPEC increasing the cap on production. But this morning when they decided to
maintain production restrictions at current levels, it was the only big
financial news release, so oil futures skyrocketed while everything else
remained relatively still. See
Why It’s All About That Texas Tea.
2) Tech has
been unimpressive, at best. With no really big news or cool new gadgets coming
out of Apple’s (NASDAQ:AAPL) Worldwide Developers Conference, Nokia (NYSE:NOK) continuing its downward spiral, the legality of
the AT&T’s (NYSE:T) buyout of T-Mobile still being debated, and a host
of unimpressive numbers from companies like Microsoft (NASDAQ:MSFT) and LinkedIn (NYSE:LNKD), the usually booming tech sector has been taking
a bit of a vacation this week.
3) The Beige
Book. The Federal Reserve released the Beige Book this afternoon, a snapshot of
the country’s economic condition. Unsurprisingly, we’re not doing that great.
Progress has slowed in just about every sector while many companies are facing
higher input costs, passing them on to consumers in the form of higher prices.
Nothing dampens the market like reminding people just how bad things are.’
Fed: Default would be dangerous; Fitch may cut rating (Reuters)
OPEC talks collapse, pushing oil prices higher (Reuters)
Minyanville's
T3 Daily Recap: Bearish Close Foreshadows Deeper Correction at Minyanville
Bernanke:
Economy slowing but faster growth ahead-
AP [ Well, there you go … the new maestro, ‘no-recession-helicopter-ben
b.s. bernanke’, has covered all his bases; yes, the economy’s slowing but as
well, faster growth ahead. Nothing to worry about now in this ‘non-zero sum
game’; after all, either / or he’s gotta’ be right … wrong! The
GOP’s deficit demands Sen. Jon Kyl
offers the most specific outline yet of Republicans’ conditions in the
debt-ceiling talks. (Washington Post) [Moody’s:
U.S. credit rating at risk Agency
warns of a possible credit rating downgrade if a debt-ceiling deal cannot be
reached. (Washington Post) [ I’d say, as is true of their performance in the
last phase of this ongoing crisis, they are so typically late to the party.
After all, pervasively corrupt america is already defacto bankrupt. House
rejects debt ceiling increase The
317-to-98 vote was a bipartisan rejection of extending the nation’s current
debt limit of $14.3 trillion unless major spending reductions accompany the
legislation. (Washington Post) [ Well, perish the thought that increases in
liabilities should be commensurate with decreases in liabilities to maintain a
… balance … sheet? At this point, who’s counting? After all, are there really
degrees of defacto bankruptcy? Or, an either / or absolute state; viz., you are
or you’re not defacto bankrupt. Pervasively corrupt, defacto bankrupt america
is in fact defacto bankrupt! … Wall
Street 'Vastly Underestimating' Risk of Debt Default Forbes / Robert Lenzner StreetTalk ‘ “Meet the Press”
climaxed Sunday with a startling market prognostication from David
Brooks, conservative columnist for the NY
Times. The risk of a debt default over the combustible issue of the
Medicare deficit hangs over the course of the stock market. Buyers Beware!“I
was up in Wall Street this week,” Brooks said. “They’re vastly
underestimating the source of piolitical risk here. We could have a major
problem, I think, either this summer or the next couple years. And I’d be
worried about investing too much in the market. That’s my financial
advice.”…’ Another
Financial Crisis Is On The Way, Mobius Says STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Harry
Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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! ‘
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
Deflationary Depression in America: The Double Dip Economic Recession
OPEC
Talks Break Down, No Deal to Lift Oil Supply OPEC talks broke down in
acrimony on Wednesday after Saudi Arabia failed to convince the cartel to lift
production, sparking a rebound in global oil prices.
Asleep at the wheel During a
press conference with German Chancellor Angela Merkel, President Obama stated,
“I’m not concerned about a double-dip recession. I am concerned about the fact
that the recovery that we’re on is not producing jobs as quickly as I want it
to happen.”
Citizen Sues Atlanta Fed Based on Allegation that It’s
Issuing Federal Reserve Notes That It Has No Intention of Redeeming, Which
Amounts to Counterfeiting … Asks that Atlanta Fed’s Charter be Forfeited The
complaint alleges that all of the Federal Reserve Banks (including Atlanta)
stopped allowing Federal Reserve Notes to be redeemed in the early 2000′s
and that – because 12 United States Code Section 411 requires the notes to be
redeemable – continuing to issue notes without allowing redemption amounts to
counterfeiting.
Obama’s
Failure to Fill Economic Posts Is an Unforced Error - Daniel Gross, Y! Finance The ultimate
failure to fill key posts in important agencies is its own goal, an unforced
error, a self-inflicted wound.
Fine
Print of Goldman's Subprime Bet-
Andrew Ross Sorkin, NYT
Timothy
Geithner, the persuader Many wondered if Geithner would last. Now he’s a
central figure in Obama administration. (Washington Post) [ The persuader?
Yeah, anything but what tiny tim’s supposed to be … because … nothing succeeds
like failure in pervasively corrupt, defacto bankrupt america. After all,
central figure in wobama’s administration doesn’t say much … Obama's rating on economy hits new low: poll (Reuters) Obama: No fears of double-dip recession (AP) [He’s so ‘brave’,
he has no fear; and, after all, look at all his wars … yet, reality proves he’s
all b***s***, that ‘wobama the b’(for b***s***). Daily
economic briefings disappear from Obama’s White House schedule (I personally believe wobama doesn’t
understand economics.) Madoff
employee pleads guilty Documents charged Eric Lipkin, a former employee,
with helping Madoff perpetrate his epic Ponzi scheme. (Washington Post) [ ‘Tiny
taters’! Yet, there are loads of such fraudulent interrelationships on
fraudulent wall street, part and parcel of the last and ongoing ubiquitous
fraud; albeit too big to fail or jail despite intimations to the contrary. Goldman
Sachs subpoenaed Report says firm’s mortgage-related investments enabled
the company to profit while clients lost money. (Washington Post) [ Their stock
was down. Why? No mystery there on fraudulent wall street that they’ve got
plenty to hide; and, certainly far more beyond the scope of the subpoena. The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed… an especially great opportunity to sell /
take profits while you still can since there's much worse to come! America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog/ Roche 'The worst part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Scam
artists run amok Double-digit profits in one day from short-sale investing?
It’s a sign of fraud, not market savviness. (Washington Post) [ Wow! Separating
the wheat from the chaff in terms of fraud on wall street is, owing to
pervasiveness, a job that even Mr. Phelps of ‘Mission Impossible’ fame couldn’t
handle. After all, what isn’t fraudulent on wall street today? Nothing … nada …
zed … zero. Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in pervasively
corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over objection of
the FBI, and were promptly ‘dispatched’/assassinated / hit by mafia / organized
crime [ this was documented with authority in the book Goombata: The Improbable
Rise and Fall of John Gotti and His Gang John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Bernanke:
Setbacks are temporary Fed chairman
suggests economy will accelerate as year progresses despite recent signs of
weakness. Poll:
Obama hits new lows on economy (Washington Post) [ Oh really? Like the
‘no-recession’, helicopter ben? One thing is certain and not temporary; viz.,
the gains for the frauds on wall street at great expense to all from the failed
policies as noted by analyst Andy Bove: ‘Bove also took a hard shot at the
Fed’s Quantitative Easing program calling it “a miserable failure.” ‘
Housing
prices fall 'beats Great Depression slide'... Meredith Whitney Adds 10 New States To Her Sh*t List Bess
Levin Bove:
Fed Is Clueless On Bank Regulations at
Forbes Halah
Touryalai [ ‘..QE2 was a boondoggle for
investors in financial instruments but had no impact on the economy ‘ . Yeah!
Boondoggle, fraud, ongoing fraud / coverup in the trillions (The Real “Margin” Threat: $600
Trillion In OTC Derivatives, A Multi-Trillion Variation Margin Call, And A
Collateral Scramble That Could Send US Treasurys To All Time Records… ) …
I’d say that’s putting it mildly. ] ‘A
speech on Friday by Federal Reserve Governor Daniel Tarullo has bank analyst
Dick Bove up in arms…
From the note:
The suggestions
being made indicate that the Fed has no understanding:
- Of what caused the
financial collapse
- The current
structure of the banking industry’s balance sheet
- How banks interact
with the economy
- Why QE2 was a
boondoggle for investors in financial instruments but had no impact on the
economy …’
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away!
Minyanville's
T3 Daily Recap: Bearish Close Foreshadows Deeper Correction at Minyanville
The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed… an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
Selling
In May Is Very Good Advice This Year Harding Remember: Sell in May and Go Away and If You’ve Not Sold by
June, You’re a Loon!
Bernanke:
Economy slowing but faster growth ahead-
AP [ Well, there you go … the new maestro, ‘no-recession-helicopter-ben
b.s. bernanke’, has covered all his bases; yes, the economy’s slowing but as
well, faster growth ahead. Nothing to worry about now in this ‘non-zero sum
game’; after all, either / or he’s gotta’ be right … wrong! Wanted:
Economic policymakers There is a void atop much of the financial arms, with
about a dozen senior positions vacant. (Washington Post) [ How about just
stating as appropriate, there’s a huge void, period. These people, from
‘no-recession-helicopter-ben b.s. bernanke’, to ‘tiny tim geithner’, to ‘wobama
the b (for b***s***)’, to congress, to high,mid,lower level federal employees,
to u.s. executives, etc., haven’t the slightest idea what they’re doing, or
what to do. But, they do know how to throw a great fraud on wall street! Drudgereport: TEMPLETON
chairman: Financial Crisis 'Around Corner'...
'WE
ARE ON THE VERGE OF A GREAT, GREAT DEPRESSION...'
ECONOMIC 'HORROR' AS DATA PLUNGES
Dow
Has Longest Weekly Slump Since '04...
Housing
prices fall 'beats Great Depression slide'... Meredith Whitney Adds 10 New States To Her Sh*t List Bess
Levin Bove:
Fed Is Clueless On Bank Regulations at
Forbes Halah
Touryalai [ ‘..QE2 was a boondoggle for
investors in financial instruments but had no impact on the economy ‘ . Yeah!
Boondoggle, fraud, ongoing fraud / coverup in the trillions (The Real “Margin” Threat: $600
Trillion In OTC Derivatives, A Multi-Trillion Variation Margin Call, And A
Collateral Scramble That Could Send US Treasurys To All Time Records… ) …
I’d say that’s putting it mildly. ] ‘A
speech on Friday by Federal Reserve Governor Daniel Tarullo has bank analyst
Dick Bove up in arms…
From the note:
The suggestions
being made indicate that the Fed has no understanding:
- Of what caused the
financial collapse
- The current
structure of the banking industry’s balance sheet
- How banks interact
with the economy
- Why QE2 was a
boondoggle for investors in financial instruments but had no impact on the
economy…’
National / World
Weiner's
political life dims as lewd photo appears (AP) AP - Embattled New York Rep. Anthony Weiner's
prospects for political survival dimmed precipitously on Wednesday with the
appearance on the Internet of an X-rated photo said to be of the congressman —
and the first calls from fellow Democrats for him to step down. Weiner’s
political survival in doubt Rebuked
by fellow Democrats, the congressman faces a likely House ethics committee
investigation. (Washington Post) [ But his survival as a ‘cyber hot dog’ is
assured. After all, you can’t expect to have everything in this world; you
know, ‘have your hot dog on display and eat it too’. Anthony’s Weiner is
destined to live in infinity; or should I say infamy …]
High Quality Bilderberg 2011 Video & Photos, St. Moritz Infowars | High quality photos from Bilderberg 2011 at the Suvretta Hotel in San Moritz taken by Aaron Dykes and the Infowars team.
Europeans to Converge on Switzerland for Bilderberg Protest Steve Watson | Alex Jones has called
for activists the world over to descend on the luxury Suvretta House hotel this
Saturday at 12 noon.
Breaking: Secret Bilderberg Agenda Leaked by Mole Kurt Nimmo | Alex Jones and
Infowars.com have received inside information regarding the Bilderberg agenda
now unfolding in the idyllic Swiss countryside.
Exclusive: Live Video & Photos from Bilderberg
(Continually Updated) Infowars
| Live video feed and photos from Switzerland.
Intimidating the Media: Bilderberg Security Seize
Infowars Reporter’s Passport Infowars.com
| Luke Rudkowski documents how security at Bilderberg demanded and kept hold of
his passport for over half an hour earlier today.
Bilderbergers May Give Green Light to Mexican Central
Banker as New IMF Boss Kurt
Nimmo | Neoliberal central banker held high-level positions at
the Banco de México, World Bank, International Monetary Fund, and Bank of
International Settlements.
Exclusive Reportage Live from Switzerland on the
Bilderbergers Kurt Nimmo
| Alex Jones covers the latest on the elite as they plan our demise behind
closed doors.
Holding the President Accountable on Libya Ron Paul | The president’s attack on
Libya was unconstitutional and thus unlawful.
How
the Egyptian Revolution is Stoking the Cola Wars at Minyanville
Obama
Presses Europe, Pledges Help for Greek Crisis CNBC
| Obama offers bailout money for Greece.
[ Why doesn’t he just send them a u.s. dollar printing press; you know,
one of the old ones since only $100 presses are used in the u.s. now. Such
largesse, as the bankrupt lead the bankrupt.]
Report:
Afghan nation-building effort in peril
EXCLUSIVE | Hugely expensive U.S. effort has had only limited success
and may not survive an american withdrawal, according to the findings of a
two-year congressional investigation to be released Wednesday. (Washington
Post) [ Has everybody lost their minds?
‘(Afghanistan) may not survive an american withdrawal’? How about the
reality that Afghanistan might not survive a continued american presence; and,
ditto for the occupiers, viz., defacto bankrupt america hemorrhaging red ink
therefrom and more. I’d call what they’re doing, ‘nation-destroying’ which
reality is not lost on the people affected.… 6th
soldier charged in plot to kill Afghan civilians (WP)
Afghanistan’s
Karzai gives U.S. final warning: stop killing civilians Afghan President
Hamid Karzai called on the US military on Sunday to avoid operations that kill
civilians, saying it was his “last warning” to Washington after 14 people
allegedly died in an air strike. … Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Though
having but 5% of the world’s population, u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(NYT) [ Adapt? I don’t think so! I do believe that both nations are
regressively but nostalgically trying bring the world back to failed
geopolitical paradigms that made the 20th century the bloodiest century, not
coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall. .. Orwellian approach fostered by the purveyors of global unrest; viz.,
israel, america, Orwellian england, etc.;more specifically, diversion of the
masses from the glaring failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Minyanville's
T3 Daily Recap: Bearish Close Foreshadows Deeper Correction at Minyanville
The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed… an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
Selling
In May Is Very Good Advice This Year Harding Remember: Sell in May and Go Away and If You’ve Not Sold by
June, You’re a Loon!
Bernanke:
Economy slowing but faster growth ahead-
AP [ Well, there you go … the new maestro, ‘no-recession-helicopter-ben
b.s. bernanke’, has covered all his bases; yes, the economy’s slowing but as
well, faster growth ahead. Nothing to worry about now in this ‘non-zero sum
game’; after all, either / or he’s gotta’ be right … wrong! Wanted:
Economic policymakers There is a void atop much of the financial arms, with
about a dozen senior positions vacant. (Washington Post) [ How about just
stating as appropriate, there’s a huge void, period. These people, from
‘no-recession-helicopter-ben b.s. bernanke’, to ‘tiny tim geithner’, to ‘wobama
the b (for b***s***)’, to congress, to high,mid,lower level federal employees,
to u.s. executives, etc., haven’t the slightest idea what they’re doing, or
what to do. But, they do know how to throw a great fraud on wall street! Drudgereport: TEMPLETON chairman: Financial
Crisis 'Around Corner'...
'WE ARE ON THE VERGE OF A GREAT, GREAT DEPRESSION...'
ECONOMIC 'HORROR' AS DATA
PLUNGES
Dow Has Longest Weekly Slump
Since '04...
Housing prices fall 'beats
Great Depression slide'...
Meredith Whitney Adds 10 New States To Her Sh*t List Bess
Levin Bove:
Fed Is Clueless On Bank Regulations at
Forbes Halah
Touryalai [ ‘..QE2 was a boondoggle for
investors in financial instruments but had no impact on the economy ‘ . Yeah!
Boondoggle, fraud, ongoing fraud / coverup in the trillions (The Real “Margin” Threat: $600
Trillion In OTC Derivatives, A Multi-Trillion Variation Margin Call, And A
Collateral Scramble That Could Send US Treasurys To All Time Records… ) …
I’d say that’s putting it mildly. ] ‘A
speech on Friday by Federal Reserve Governor Daniel Tarullo has bank analyst
Dick Bove up in arms.
In a 12-page
note yesterday, the Rochdale Securities analyst said Tarullo’s suggestion on
Friday that systemically important financial institutions (SIFI) should
increase their capital ratios by 20% to 100% above current levels is “a perfect
example of what is wrong” with the Fed’s approach to the banking system.
From the note:
The suggestions
being made indicate that the Fed has no understanding:
- Of what caused the
financial collapse
- The current structure
of the banking industry’s balance sheet
- How banks interact
with the economy
- Why QE2 was a
boondoggle for investors in financial instruments but had no impact on the
economy
When the Fed should
have been tightening restrictions on the banks over the past decade, it
loosened them. Now that the economy is either in a pause or slowing down and
the Fed should be easing restrictions on the banks, it is tightening them. As a
consequence, there is now $1.5 trillion dollars sitting in the Fed earning
virtually nothing while unemployment rises and the economy falters.
It is simply
incomprehensible that this nation can be so poorly served by those people who
should be expected to know what they are doing. Mr. Tarullo’s remarks are so
totally absurd that it is difficult to assume that they will ever be heeded.
Raising banks’ capital ratios will have a horrific
impact on the economy and one similar to 1937 when the Fed increased reserve
ratios twice sending the U.S. back into Depression, Bove argues.
Tarullo said in his speech that he wants the new
capital to come from common equity which means banks would likely have to raise
the money by issuing new common shares. Bove thinks that’s absurd because banks
have already upped their tangible common equity (TCE) as a result of
post-financial crisis regulatory pressure.TCE is at 8.56% of assets, the
highest in 76 years, he says.
Based on the actual
data, going back 76 years, the actions of the banks in the past three years
have created one of the safest and soundest banking systems in American
history. The Federal Reserve:
- Does not believe
this
- It has simply not
looked at the historical numbers, or
- It sees a financial
disaster brewing that has yet to be revealed.
The banking industry’s focus on restructuring of
their balance sheets and raising capital has resulted in a lack of loans for
the rest of the economy noting that loans in the banking system fell by $803
billion or 10.2% from Q3, 2008 to Q1, 2011. “What is clear is that the banking
industry simply stepped out of the economy. It was not providing funds to meet
economic needs. It could not do so given the requirements that were layered
upon it. This also happened in the 1930s and 1940s when bank loans fell to
15.9% of bank assets and government securities rose to an estimated 61.0%.”
Nontheless, in the worst case scenario under
Tarullo’s suggestion some 20 U.S. banks with more than $50 billion in assets
would have to have tangible common equity ratios of 14% of assets. To get to
this level, which would be $1.386 trillion in dollar terms, they’d have have to
raise $755.7 billion, Bove argues.
“This would require selling 35.3 billion new shares
of stock. The dilution would be 106.5%. Some companies, like Regions Financial (RF/$6.36/Sell) would be thrown out of
business,” he notes.
Bove also took a hard shot at the Fed’s Quantitative
Easing program calling it “a miserable failure.” More from Bove’s Fed-bashing
note:
The Federal Reserve
is buying $600 billion in Treasury Securities under the program’s mandate.
In six months from
the end of October last year to the end of May this year, reserves at the
Federal Reserve have jumped by $568 billion and there is still one month to go
in QE2. Net free reserves in the system rose by $532 billion.
These numbers
indicate that the banking system never put the QE2 money to work in the
economy. They simply redeposited it back in the Federal Reserve itself. However,
the new money did have one clear impact. It drove up asset values:
- The S&P 500 has
grown by 13.9% from the end of October to the present; the price of oil is
up 12.6%; and gold is up 13.2%.
- The annualized rate
of inflation in the 4 months to October 2010 as measured by the CPI was
1.4%; the annualized rate in the first four months of this year has been
10.5% (the economy was growing in October of last year and it is slowing
now).
But no need to worry because Tarullo’s suggestion is
so “absurd” that it’s unlikely to even happen, Bove says.
Well, he actually put it more harshly:
No other country in
the world, except perhaps Switzerland, is likely to lose all sense of reality
as Mr. Tarullo has. The United States will not get unanimity for this decision
anywhere but in the academic halls of the U.S. Federal Reserve.
I unfortunately
believe these people may have lost their minds just as the U.S. Congress did
when it passed the Dodd/Frank Act. However, the proposal may be taken seriously
by investors. If so it spells danger for bank stocks. This is because it is
likely that some form of this inane proposal may actually be put in
place.’ ‘ ]
Stock
Market Losing Streak Hits Five Days at
The Wall Street Journal
RALLY FADES, DOLLAR SMASHED, NO HELP FROM BERNANKE: Here's What You Need To Know Business Insider
Top 3 Reasons Markets Crashed After Bernanke Spoke Wall St. Cheat Sheet June 7, 2011 ‘Markets closed down on Wall Street: DJI -0.16%
SP500 -0.1% Nasdaq -0.04% Gold - 0.19% Oil 0.74% .
On the
commodities front, Oil (NYSE:USO) put on another dollar to close at $98.74, while
precious metals were mixed with Gold (NYSE:GLD) was down slightly to $1,546 and Silver (NYSE:SLV) up 1.15%.
Today’s
markets were down because:
1) Bernanke
admitted the economy was slowing. Well, he admitted it then said he thinks
growth will be back soon. Don’t worry, soon. Although lustful traders were
hoping for some huge QE3 announcement, Bernanke
still gave us more QE 2.5 where the Fed will continue buying securities and
accommodating the financial markets as needed. Can someone say, ZIRP?
2) E3 took the
baton from Apple. Yesterday Apple held the tech spotlight, but today the
exciting video game sector was front and center. Microsoft (NASDAQ:MSFT), Sony (NYSE:SNE), Nintendo and all the big game makers started
pulling back the curtain on what gamers will die for during the holiday season
(Check Out: E3
Wrap Up. And the Winners are …). That’s 180 degrees away from former tech
darling Research in Motion (NASDAQ:RIMM) which
keeps crashing and burning.
3) Another
Economic Advisor gone. Austan Goolsbee will be leaving his position as chairman
of the White House’s Council of Economic Advisers. Wall St. Cheat Sheet
Assistant Editor Emily Knapp explores the deeper question, “Why
is Obama’s Economic Team Bailing Out?” …’
Bernanke
Says Slow Recovery 'Frustrating,' Sticks To Second-Half Optimism at Forbes
The
US Debt Limit is Out of Control – Exclusive with Liz Claman Wall St. Cheat Sheet ‘The US is
drowning in red ink … and it keeps getting worse. I caught up with Fox Business
anchor Liz Claman to get a Cheat Sheet for crazy
government spending:
Damien
Hoffmna: Liz, politicians seem to be treating the debt limit like a joke —
we’ve been raising it for decades. How can we get drunken sailors to limit the
bottles at the bar?
Liz Claman: I
wouldn’t say anyone in Washington is treating it like a joke. They’re truly
nervous about it because they don’t know what will happen if we don’t raise the
debt ceiling. What I would say is that neither side is getting serious at ALL
about cutting spending. The Republicans said, “We’ll raise it but only if you
marry that with spending cuts.” They started out strong.
Rep. Paul Ryan
came up with a good starting point but Democrats pounced on it saying it would
cut too much from Medicare/Medicaid. His Republican brethren were fine with it
until they heard from their constituents who flipped out, yelling, “Why should
our Medicare get cut? Tax the wealthy.” In the end, everyone wants to get
reelected instead of doing the right — and obviously painful — thing. Cut
Medicare and Medicaid…’ [ How ‘bout the obvious, unpainful thing; viz.,
prosecute the big frauds on wall street and get disgorgement in the hundreds of
billions (though the ongoing extant fraud is in the trillions. ]
How
the Second-Mortgage Crisis is Gaining MomentumWall St. Cheat Sheet
Down Goes Asia? at
Minyanville Lloyd Khaner Jun 07, 2011 ‘The threat of a meltdown in Asia is just one
of 19 worries facing investors this week. ‘LLOYD'S
WALL OF WORRY The debt crisis in Europe
is causing waves in Asia, where major clothing and electronics makers, and
others who rely on a strong Eurozone market, are seeing share prices drop or
wobble. At home, the US debt ceiling problem is quickly becoming "a
lose-lose situation," and other issues -- the housing crisis, unemployment
and the fast-approaching end of QE2 -- have investors "freaked." So
this week Lloyd's Wall of Worry remains high, at 19 blocks. New
fears -- the risk
of a catastrophic policy mistake, and the possibility of a meltdown in Asia --
have replaced last week's concerns about currencies and the IMF…:
QE II: My wife says what’s all the hub-bub about the QE II? “It’s a really
lovely ship. With bingo on the Lido deck and lots of well dressed people with
cool accents from all over the world.” God, I love that woman!
U.S. ECONOMY: Let’s not have everyone panic because we got one or two -- or
six -- weak economic reports. Though hopefully a few key people will
panic and “FIX IT!” (From the 2:18 mark.)
UNEMPLOYMENT: “The long and winding road, that leads, to your door…” from the
unemployment office.
Getting sad and tough and mean and nasty and real out there.
U.S. DEBT CEILING: No doubt about it, we are rapidly building another
“lose-lose” situation here. We don’t raise it, we lose credibility. We do raise
it, we lose credibility.
INVESTOR SENTIMENT: The professional traders are so freaked that they’re
wearing straight jackets to work. Amateur traders would do the same but they
lost theirs trading
against the pros.
HOUSING CRISIS: I’d say let’s just hit the fast forward button to the end of
this mess, but I’m afraid that at my age I would look ridiculous in the Mad
Max-wear we’re all destined to be donning.
INFLATION: India, strong in many ways but not known to be #1 in any one
economic sector until now. It has just landed that coveted top spot as the
Asian economy with the highest inflation, fueled by an estimated average salary
increase of 13% in 2011.
STOCK MARKET TECHNICALS: Went to one of those Spiritual Readers and Advisors to
get the answer to this technical mayhem. I was next in to meet with “Wilomena
of Wall Street” when my appointment got canceled. She picked up 1,000 LinkedIn
IPO shares
and flipped them, thus declaring huge profits and retirement. The market
mystery continues.
FLOODS, TORNADOES, VOLCANOES: Massachusetts takes a massive tornado in the
chops!?! This ain’t just weird. It’s wicked pissah weird!
OIL PRICES: Frack This! Frack That! Frack Me! Frack You! Pardon my language but
I’ll say anything to get the fracking price of oil down.
ARAB SPRING: Don’t look now but spring is about to turn to summer. Summer can
be warm, sunny and bright or hot and blazing with fight. As the Zen Master
says, “We’ll see.”
LIBYA:
Congressional patience running short, our involvement running long. Bad combo.
JAPAN: It may be an island physically but with the third largest economy in the
world, it isn’t an island economically.
CHINA: Four interest rate hikes plus eight reserve increases equals twelve taps
on the economic brakes. Let’s hope lucky No. 13 doesn’t slip into a stomp
that gives all of us whiplash.
ASIAN ECONOMIES: Channeling the voice of the legendary sportscaster Howard
Cosell, “Down goes Asia! Down goes Asia! Down goes Asia!”
MARGIN DEBT: It’s high, too high. And it’s in weak hands, too weak.
SOVEREIGN DEBT: Playing our like a Greek tragedy, with real Greeks, real
tragedy and every economic player in the world as the chorus. I hereby dub
thee, “The Defaultedes!”
COMMODITIES: You know the market is rough when even the most manipulated financial
assets in the world can’t be artificially spiked skywards.
POLICY MISTAKE: Like walking a tight rope carrying a tray of pyramid-stacked
champagne glasses during hurricane season without net. The world’s major
economic powers cannot afford even a slight slip-up. I can’t watch…’
China May Dump Dollar USA Today & CNBC | The dollar fell to a one-month low against a basket of currencies on Tuesday .
Gold
firms as dollar slides to one-month low Reuters | Gold firmed on Tuesday as the dollar slid to a
one-month low
GM chief
pushing for higher gas taxes Detroit
News | Dan Akerson wants the federal gas tax boosted as much as
$1 a gallon,
IMF
rolls out $3 BLN bailout to push Mubarack’s men to top of pyramid International
bankers are preparing to hand out a massive loan to Egypt’s temporary leaders,
just months after praising the financial growth overseen by the FORMER regime.
Comex
Physical Silver Drops To Fresh All Time Low Of 28.8 Million Ounces, 3% Drop
Overnight, 30% Drop In Six Weeks When we first started paying attention to
the physical (“Registered”) silver held in COMEX warehouses on April 20
following the explosion in the silver price, the total amounted to just over 41
million ounces.
Daily
economic briefings disappear from Obama’s White House schedule At some
point during the first two years of his administration, President Obama stopped
receiving the daily economic briefing that he requested when he took office.
True
Cost of Fannie, Freddie Bailouts: $317 Billion, CBO Says The Congressional
Budget Office (CBO) says the real cost of the federal government guaranteeing
the business of failed mortgage giants Fannie Mae and Freddie Mac is $317
billion — not the $130 billion normally claimed by the Obama
administration. Goldman
Sachs subpoenaed Report says firm’s mortgage-related investments enabled
the company to profit while clients lost money. (Washington Post) [ Their stock
was down. Why? No mystery there on fraudulent wall street that they’ve got
plenty to hide; and, certainly far more beyond the scope of the subpoena. The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed… an especially great opportunity to sell /
take profits while you still can since there's much worse to come! America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog/ Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Selling
In May Is Very Good Advice This Year Harding / Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png
PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.
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 ).
National / World
Obama's rating on economy hits new low: poll (Reuters)
Obama: No fears of double-dip recession (AP) [He’s so ‘brave’,
he has no fear; and, after all, look at all his wars … yet, reality reality
proves he’s all b***s***, that ‘wobama the b’(for b***s***). Daily
economic briefings disappear from Obama’s White House schedule (I personally believe wobama doesn’t
understand economics.) Madoff
employee pleads guilty Documents charged Eric Lipkin, a former employee,
with helping Madoff perpetrate his epic Ponzi scheme. (Washington Post) [ ‘Tiny
taters’! Yet, there are loads of such fraudulent interrelationships on
fraudulent wall street, part and parcel of the last and ongoing ubiquitous
fraud; albeit too big to fail or jail despite intimations to the contrary. Goldman
Sachs subpoenaed Report says firm’s mortgage-related investments enabled
the company to profit while clients lost money. (Washington Post) [ Their stock
was down. Why? No mystery there on fraudulent wall street that they’ve got
plenty to hide; and, certainly far more beyond the scope of the subpoena. The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed… an especially great opportunity to sell /
take profits while you still can since there's much worse to come! America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog/ Roche 'The worst
part of it ...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 ). 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 WP | Obama has
promised to hold Wall Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Scam
artists run amok Double-digit profits in one day from short-sale investing?
It’s a sign of fraud, not market savviness. (Washington Post) [ Wow! Separating
the wheat from the chaff in terms of fraud on wall street is, owing to
pervasiveness, a job that even Mr. Phelps of ‘Mission Impossible’ fame couldn’t
handle. After all, what isn’t fraudulent on wall street today? Nothing … nada …
zed … zero. Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole new
york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over objection of
the FBI, and were promptly ‘dispatched’/assassinated / hit by mafia / organized
crime [ this was documented with authority in the book Goombata: The Improbable
Rise and Fall of John Gotti and His Gang John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Major Swiss Newspaper Gives Bilderberg Front Page
Coverage Steve Watson
| An influential Swiss daily newspaper has today awarded front page coverage to
stories on this week’s secretive elite Bilderberg meeting.
Top Bilderberger: Eurozone Collapse Threatens Global
Currency Agenda Paul Joseph
Watson | Harvard Professor reveals globalists are
panic-stricken about Greece debt default threat to survival of single currency.
Are Ridiculous Airport Security Measures Killing Airline
Profits? The American Dream
| Over the past couple of years, the attitude of U.S. consumers towards flying
has shifted dramatically.
Whole Foods admits its organic foods contain genetically
modified ingredients Natural
News | Genetically modified foods have become so ubiquitous in
the US that even the grocery store ‘Whole Foods’ now admits it cannot keep
biotech foods off its shelves.
10 Tipping Points Which Could Potentially Plunge The
World Into A Horrific Economic Nightmare The Economic Collapse | The global
economy has become so incredibly unstable at this point that it is not going to
take much to plunge the world into a horrific economic nightmare.
Drone surveillance in the US? Alex Jones says ‘the whole
world is in danger’ RT
| As the US plans to increase drone aircraft usage abroad, now law enforcement
in the States is getting ready to adopt robotic planes back home for
surveillance purposes.
Proposed
New Airport Checkpoints Include Iris Recognition, In Built Full body Scanners Anyone
whose behaviour raised concern – such as a passenger buying a one way ticket in
cash – would go through a different channel which would also feature a full
body scanner.
Dollar
Index at 1-Month Low as China Warns on US Assets The dollar fell to a
one-month low against a basket of currencies on Tuesday and a record low
against the Swiss franc after a Chinese official said the greenback would
continue to weaken versus other major currencies.
Obama’s
rating on economy hits new low: poll Americans’ disapproval of how
President Barack Obama is handling the economy and its growing budget deficit
has reached new highs amid broad frustration over the slow pace of economic
recovery, according to a Washington Post-ABC New poll released on Tuesday.
Top
Bilderberger: Eurozone Collapse Threatens Global Currency Agenda A top
Bilderberg member has revealed that globalists are panic-stricken about a
potential eurozone crisis caused by a Greek debt default that could precipitate
the collapse of the Euro and also derail the wider agenda for multi-regional
currency unions and eventually a global currency system.
10
Tipping Points Which Could Potentially Plunge The World Into A Horrific
Economic Nightmare The global economy has become so incredibly unstable at
this point that it is not going to take much to plunge the world into a
horrific economic nightmare.
Drone
surveillance in the US? Alex Jones says ‘the whole world is in danger’ As
the US plans to increase drone aircraft usage abroad, now law enforcement in
the States is getting ready to adopt robotic planes back home for surveillance
purposes. While drone usage is expected to be expanded in America by 2013,
Infowar’s Alex Jones says that in some states it has already been happening for
years. All
misquotes are not created equal For politicians, the power of a historic
quote is alluring. Whether it has to be accurate is another thing. Fact
Checker: Sarah Palin’s midnight ride (Washington Post) [ Yeah! She’s all that …
dumb! The joke that keeps on giving … particularly to SNL among other late-night
comic fare … yet, the ‘pizza klatch’ with the other fake reality show joke that
keeps on giving, t_rump, part of that new york / new jersey metro sinkhole,
made for the 2 for 1 comedic
concentration that was ‘free-for-all’ … to see. Why
we read Palin’s tell-all The
underlying interest says something more primal than simply our fascination with
Mama Grizzly. (Washington Post) [ I’d say it’s more of a curious fascination
with the ‘new american dumb’. After all, who can deny the boost she got from
SNL’s Tina Fey’s impresarios highlighting same. Yet, in comparison with and
juxtaposed to the rest of the Washington field (mccain, bush, wobama, et als),
she’s got plenty of cover / camouflage. Send to a friendSarah Palin: Don't pick on Donald Trump
Politico - Even though Donald Trump has wholeheartedly embraced
the wall-to-wall media coverage that's come with his promotion of the widely
discredited “birther” issue, Sarah Palin argued Tuesday that the press is
treating him ... Trump's business success claims questioned CBS News ‘…Trump hotels and casinos in Atlantic City have
filed for bankruptcy protection three times. While Trump blamed market forces,
he has long been chairman of the board for the casino businesses.In his
defense, Trump said he "didn't run the company." Isikoff then asked
why he was paid $2 million per year to chair the board of that business. Trump
replied: "Excuse me. Because I'm a genius, okay."Trump said many
different businesses license the use of his name, but he's not directly
involved in their operations.Casinos have not been the only weakness in the
Trump empire. There have been many high profile bankruptcy filings, bad real
estate deals, and a trail of ongoing lawsuits accusing him of bad business
practices.Another questionable move was "Trump University," an
online, for-profit business education firm. The attorney general in Texas
ordered him to stop using the word "university" in its title. Trump
said his company was unaware of restrictions on the use of that word.Isikoff
also said he asked Trump if he thought the state of Hawaii was lying in regards
to Obama being born there, and he did not answer the question. In summation of
his experiences that qualify him to be President of the United States, Trump
told Isikoff: "My successes...have been vast. I don't even view myself as
having failures, and I certainly learned from things that don't work out as
well." ‘ As Trump rants, TV ratings slide Tampabay.com Parker:
The GOP plays a crazy Trump card (Washington Post) [ I don't know what polls
Ms. Parker's referring to; but unless she's referring to mobster trump
apprentice news (trump was fired from his own casino company), that certainly doesn't
comport with polls I've read. Moreover, like palin, trump's the joke that keeps
on giving (for SNL, late-night talk hosts, etc.) ...’ ‘The
picture was of me, and I sent it’ In
an extraordinary reversal at an extraordinary news conference, N.Y. Rep.
Anthony Weiner said that he had in fact sent multiple inappropriate messages to
multiple women but that he had done nothing illegal and would not resign.
(Washington Post) [ Yes, indeedy! It was Tony’s weeny! Anthony’s Weiner!
Drudgereport: WHACKED, NOT HACKED!
'Used govt.
resources'...
Breitbart: 'I Want To Hear
Truth'...
6 'inappropriate'
relationships...
ABCNEWS: Mystery Woman
Revealed...
HER STORY...
Risqué Online Chats, Photo
Swaps...
SLIDESHOW...
VIDEO: 'Web of lies'...
TWITTER TEARS:
WEINER ADMITS
REPORT: Woman claims to have
200 explicit messages from NY Dem...
IT MIGHT BE MY WEINER! REPORT: WEINER'S TALE
UNRAVELING... By Daniel Libit Sunday,
June 5, 2011 ‘As the world has attempted to make sense of Rep. Anthony Weiner’s
claim that his Twitter account was hacked, a key clue has been missing: exactly
how the notorious groin pic was posted online. But according to data provided
exclusively to The Daily from TweetCongress.org, a nonprofit website that
captures each member of Congress’s Twitter feeds in real time, the shot seen
round the world was transmitted using TweetDeck — a popular Adobe desktop
application that links up with social networking sites. A review of Weiner’s
Twitter stream from May 27, the day of the crotch pic, shows that Weiner had
been posting only from TweetDeck — one of many ways to post messages to Twitter
— that entire night. Chet Wisniewski, a senior security adviser at security
software company SophosLabs, said the TweetDeck stamp “does make it more
plausible that it did come from him.” Weiner used TweetDeck frequently, but he
often also posted from the Web directly or from his BlackBerry. A widely
circulated explanation for how Weiner’s Twitter account could have
been hacked by email would also seem to be incompatible with the fact that the
message in question originated on TweetDeck. If email had been used, the
message probably would have originated via the photosharing site Yfrog, where
the infamous picture was posted …’ [ Weiner admits he sent lewd picture; won't quit (AP)
- After days of denials, a choked-up Rep. Anthony Weiner confessed Monday
that he tweeted a photo of his bulging underpants to a young woman, and he also
admitted to "inappropriate" excha...’
Tearful US congressman admits to crotch photos (AFP) ]
'This Could Be The End For
Him'...
'Have You Ever Taken A
Picture Like This Of Yourself?'...
WEINER CALLS COPS ON CBS WASHINGTON (CBSNewYork) — ‘Congressman Anthony
Weiner said Thursday he’s finished talking about the lewd photo sent from his
Twitter account.But he still wouldn’t say whether
he’s the one in the picture.So CBS 2 political reporter Marcia Kramer
decided to go to his office on Capitol Hill to try to get you some
answers.You’ll never believe what happened.Kramer tried to get an interview
with the six-term New York Democrat and as a result had the cops called on
her.Kramer walked in to Weiner’s office, announced herself as being from CBS 2
in New York City and said she’d like to see the congressman. Those few words
created quite the stir. Doors slammed and people pretended she wasn’t there
...’ Weiner’s
efforts don’t cool furor The
congressman said that he didn’t send a lewd photo on Twitter but also that he
couldn’t “say with certitude” whether the image was of his own crotch.
(Washington Post) [ ‘Weiner’s weiner’!
‘Not cool furor’ … how ‘bout just plain ‘not cool’. Eh … what can you expect
from national drain / sinkhole new york (new york / new jersey metro). I
haven’t read but probably agree with the following article: Listen
up, fellas: Naked man-parts? Not so sexy. (Washington Post) / … Even Mr.
Milbank weighs in: ‘The
Weiner roast Congressman finds
himself in a fight he does not relish.’ Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over objection of
the FBI, and were promptly ‘dispatched’/assassinated / hit by mafia / organized
crime [ this was documented with authority in the book Goombata: The Improbable
Rise and Fall of John Gotti and His Gang John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Democratic
change in Bahrain does not serve US interests: Kissinger Former US
secretary of state Henry Kissinger emphasized that a democratic change in
Bahrain did not serve the interests of his country, highlighting once again the
western double standard towards the Arab revolt, the daily Die Welt reported
Monday. Poll:
Support for Afghan war rises Finding
may give Obama breathing room as he decides how many troops to withdraw from in
July. (Washington Post) [ Ah, riiiiight!
Living proof that americans are not only dumb as h**l, but masochistic as well!
After all, pervasively corrupt america is defacto bankrupt, with all that that
portends for americans in the most negative sense. Drudgereport: TEMPLETON chairman: Financial
Crisis 'Around Corner'... 'WE ARE ON THE VERGE OF A GREAT, GREAT DEPRESSION...' ECONOMIC 'HORROR' AS DATA PLUNGES Dow Has Longest Weekly Slump
Since '04... Housing prices fall 'beats
Great Depression slide'... . 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
Dems find themselves in a tough spot (WP) [ Tough spot? Like Iraq and a
hard place called Afghanistan; indeed they are. [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (WaWP) [
Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
FLASHBACK:
Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Roche
'The worst part of it ...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’ UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ignore cases that involve black defendants and
white victims Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised
to hold Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
]
Are
Ridiculous Airport Security Measures Killing Airline Profits? Over the past
couple of years, the attitude of U.S. consumers towards flying has shifted
dramatically. Once upon a time most Americans looked forward to flying, but
thanks to rising airfares, horrific fees and ridiculous airport security
measures that has changed.
FDA
sends US marshals to seize elderberry juice concentrate, deems it ‘unapproved
drug’ Wyldewood Cellars, a Kansas-based producer and distributor of
elderberry juice, is the latest raid target of the US Food and Drug
Administration (FDA), which recently sent US marshals to the company’s winery
in Mulvane to confiscate the “unapproved drug.”
Japan
Finally Admits TOTAL Meltdown at 3 Nuclear Reactors Within Hours of Earthquake
… And More Than DOUBLES Estimate of Radiation Released After Accident For
months, Tepco and Japanese officials refused to admit that there had been any
meltdowns at Fukushima.
Israeli forces kill 18 protesters: Syrian TV (Reuters)
Drudgereport: TEMPLETON chairman: Financial
Crisis 'Around Corner'...
'WE ARE ON THE VERGE OF A GREAT, GREAT DEPRESSION...'
ECONOMIC 'HORROR' AS DATA
PLUNGES
Dow Has Longest Weekly Slump
Since '04...
Housing prices fall 'beats
Great Depression slide'...
Bove: Fed Is Clueless On Bank Regulations at Forbes Halah Touryalai [ ‘..QE2 was a boondoggle for investors in financial instruments but had no impact on the economy ‘ . Yeah! Boondoggle, fraud, ongoing fraud / coverup in the trillions (The Real “Margin” Threat: $600 Trillion In OTC Derivatives, A Multi-Trillion Variation Margin Call, And A Collateral Scramble That Could Send US Treasurys To All Time Records… ) … I’d say that’s putting it mildly. ] ‘A speech on Friday by Federal Reserve Governor Daniel Tarullo has bank analyst Dick Bove up in arms.
In a 12-page
note yesterday, the Rochdale Securities analyst said Tarullo’s suggestion on
Friday that systemically important financial institutions (SIFI) should
increase their capital ratios by 20% to 100% above current levels is “a perfect
example of what is wrong” with the Fed’s approach to the banking system.
From the note:
The suggestions
being made indicate that the Fed has no understanding:
·
Of what
caused the financial collapse
·
The current
structure of the banking industry’s balance sheet
·
How banks
interact with the economy
·
Why QE2 was a
boondoggle for investors in financial instruments but had no impact on the
economy
When the Fed should
have been tightening restrictions on the banks over the past decade, it
loosened them. Now that the economy is either in a pause or slowing down and
the Fed should be easing restrictions on the banks, it is tightening them. As a
consequence, there is now $1.5 trillion dollars sitting in the Fed earning
virtually nothing while unemployment rises and the economy falters.
It is simply
incomprehensible that this nation can be so poorly served by those people who
should be expected to know what they are doing. Mr. Tarullo’s remarks are so
totally absurd that it is difficult to assume that they will ever be heeded.
Raising banks’ capital ratios will have a horrific
impact on the economy and one similar to 1937 when the Fed increased reserve
ratios twice sending the U.S. back into Depression, Bove argues.
Tarullo said in his speech that he wants the new
capital to come from common equity which means banks would likely have to raise
the money by issuing new common shares. Bove thinks that’s absurd because banks
have already upped their tangible common equity (TCE) as a result of
post-financial crisis regulatory pressure.TCE is at 8.56% of assets, the
highest in 76 years, he says.
Based on the actual
data, going back 76 years, the actions of the banks in the past three years
have created one of the safest and soundest banking systems in American
history. The Federal Reserve:
·
Does not
believe this
·
It has simply
not looked at the historical numbers, or
·
It sees a
financial disaster brewing that has yet to be revealed.
The banking industry’s focus on restructuring of
their balance sheets and raising capital has resulted in a lack of loans for
the rest of the economy noting that loans in the banking system fell by $803
billion or 10.2% from Q3, 2008 to Q1, 2011. “What is clear is that the banking
industry simply stepped out of the economy. It was not providing funds to meet
economic needs. It could not do so given the requirements that were layered
upon it. This also happened in the 1930s and 1940s when bank loans fell to
15.9% of bank assets and government securities rose to an estimated 61.0%.”
Nontheless, in the worst case scenario under
Tarullo’s suggestion some 20 U.S. banks with more than $50 billion in assets
would have to have tangible common equity ratios of 14% of assets. To get to
this level, which would be $1.386 trillion in dollar terms, they’d have have to
raise $755.7 billion, Bove argues.
“This would require selling 35.3 billion new shares
of stock. The dilution would be 106.5%. Some companies, like Regions Financial (RF/$6.36/Sell) would be thrown out of
business,” he notes.
Bove also took a hard shot at the Fed’s Quantitative
Easing program calling it “a miserable failure.” More from Bove’s Fed-bashing
note:
The Federal Reserve
is buying $600 billion in Treasury Securities under the program’s mandate.
In six months from
the end of October last year to the end of May this year, reserves at the
Federal Reserve have jumped by $568 billion and there is still one month to go
in QE2. Net free reserves in the system rose by $532 billion.
These numbers
indicate that the banking system never put the QE2 money to work in the
economy. They simply redeposited it back in the Federal Reserve itself.
However, the new money did have one clear impact. It drove up asset values:
·
The S&P
500 has grown by 13.9% from the end of October to the present; the price of oil
is up 12.6%; and gold is up 13.2%.
·
The
annualized rate of inflation in the 4 months to October 2010 as measured by the
CPI was 1.4%; the annualized rate in the first four months of this year has
been 10.5% (the economy was growing in October of last year and it is slowing
now).
But no need to worry because Tarullo’s suggestion is
so “absurd” that it’s unlikely to even happen, Bove says.
Well, he actually put it more harshly:
No other country in
the world, except perhaps Switzerland, is likely to lose all sense of reality
as Mr. Tarullo has. The United States will not get unanimity for this decision
anywhere but in the academic halls of the U.S. Federal Reserve.
I unfortunately
believe these people may have lost their minds just as the U.S. Congress did
when it passed the Dodd/Frank Act. However, the proposal may be taken seriously
by investors. If so it spells danger for bank stocks. This is because it is
likely that some form of this inane proposal may actually be put in place.’
Goldman
Sachs subpoenaed Report says firm’s mortgage-related investments enabled
the company to profit while clients lost money. (Washington Post) [ Their stock
was down. Why? No mystery there on fraudulent wall street that they’ve got
plenty to hide; and, certainly far more beyond the scope of the subpoena. The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed… an especially great opportunity to sell /
take profits while you still can since there's much worse to come! America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog/ Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Selling
In May Is Very Good Advice This Year Harding / Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.
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 ).
Meredith Whitney Adds 10 New States To Her Sh*t List Bess Levin
‘ The Dollar Dominatrix has
issued a new state budget and debt report and Arizona, Nevada, Connecticut,
Wisconsin? Might want to run. (Also, re last year’s prediction on muni bond
defaults- she was just ball-parking, no one should’ve taken those numbers at
face value.)
Whitney tells
Fortune she never meant to make more than a general forecast. “I never intended
on framing the scale of defaults as a precise estimate, but I continue to
believe that degree of municipal defaults will be borne out over the cycle. I
meant to point out that the state debt problem is a massive headwind for the
U.S. economy, second in importance only to housing.”
[...]
Whitney’s latest
report is even more thorough than last year’s analysis that started the uproar.
It covers 25 of the largest states, adding ten new ones to the list, including
Arizona, Nevada, Connecticut, and Wisconsin. The problem starts with spending.
Since 2003, state governments have raised annual outlays from $1.5 trillion to
almost $2.2 trillion, or $700 billion, yet tax receipts have risen only $400
billion or $300 billion less, to $1.4 trillion. In fact, spending kept surging
all during the recession, while income from sales, income and corporate taxes
went totally flat in 2007.
M-Dubs doesn’t put everyone on notice, however.
Whereas Connecticut receives one whip of the cat-o-nine-nails for every dollar
over budget, Indiana, which gets a pat on the head and a scratch behind the
ears, is dubbed a “model citizen.”
Meredith
Whitney State Finances Are Worst Than Estimated [Fortune via Katie Benner] ‘
Economic
news breaks Obama’s momentum Just as things seemed to be swinging in his favor,
a weak jobs report and a renewed drop in housing prices present new challenges
to reelection bid. (Washington Post) [ Momentum? … What parallel universe are
these people living in. Wobama’s already a failed president. Like ‘unringing a
bell’, wobama’s failed presidency cannot be undone. After all, his undoing was
his own doing; the minute he began reneging on campaign promises which were
made because they needed doing. But, clearly, wobama’s not alone in his
failure: Milbank:
Congress clocks in to clock out (WP) [
‘... In a sense, the Senate has been in a pro-forma session all year…’
Now who’s being charitable … I’d say Mr. Milbank in his euphemistic description
supra as well as his unflinching defense
of wobama the b (for b***s***) despite wobama’s reneging on virtually all his
campaign promises / rhetoric to the nation’s unequivocal detriment. It is Mr.
Milbank, journalistically speaking, who as well clocks in to clock out. Simply
put, wobama is nothing less than the worst of the democratic platform combined
with the worst of the republican platform. At near single digit approval rates
for congress, I find it difficult to imagine a realistic approval rate for
wobama exceeding same. 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
Dems find themselves in a tough spot (WP) [ Tough spot? Like Iraq and a
hard place called Afghanistan; indeed they are. [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (WaWP) [
Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
FLASHBACK:
Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Roche
'The worst part of it ...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’ UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ignore cases that involve black defendants and
white victims Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised
to hold Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
]
Scam
artists run amok Double-digit profits in one day from short-sale investing?
It’s a sign of fraud, not market savviness. (Washington Post) [ Wow! Separating
the wheat from the chaff in terms of fraud on wall street is, owing to
pervasiveness, a job that even Mr. Phelps of ‘Mission Impossible’ fame couldn’t
handle. After all, what isn’t fraudulent on wall street today? Nothing … nada …
zed … zero. Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s office over objection of
the FBI, and were promptly ‘dispatched’/assassinated / hit by mafia / organized
crime [ this was documented with authority in the book Goombata: The Improbable
Rise and Fall of John Gotti and His Gang John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline and
fall. Global information exchange at lightning speed has made such throwbacks
to a lost era, propaganda, and maladaptive traits foolish at best, deadly at
worst. Intelligent people worldwide aren’t buying the obsolete, Orwellian
approach fostered by the purveyors of global unrest; viz., israel, america,
Orwellian england, etc..; more specifically, diversion of the masses from the
glaring failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Will
the Fed do QE3? As soon as the disappointing jobs report crossed the wires,
the Wall Street chatter began to speculate. (Washington Post) [ Well, we all
know that nothing succeeds quite like failure in america; you know, that new
normal for pervasively corrupt, defacto bankrupt america. Yes, we all know that
QE has been a dismal and costly failure unless the measure of success is the
increased wealth of the frauds on wall street; after all, as with this still
extant financial crisis (toxic assets/paper/securities cashed out and still out
there in the trillions though now marked to anything as per legislated mandate
/ complicity / FASB rule change) , your dollars actually and ultimately
financed their ill-gotten gains which never seem to translate into the promised
job, economic gains and go on despite well-founded, prominent warnings that the
same will not succeed and have, as warned, exacerbated that which was meant to
be cured. JOBS REPORT MUCH WORSE THAN EXPECTED! Previous day: Economic
outlook hinges on jobs report Beware
the next big fraud When will we see
the next big fraud and a massive burst in the secondary markets bubble? Not
soon enough, I fear. (Washington Post) [ Next? How ‘bout we’re still in the
midst of that continuing multi-trilliion dollar fraud marked to anything … The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), Billion
Dollar Fund Managers Agree: The Government Never Fixed the Underlying Economic
Problems, So We’ll Have Another Crash infowars.com While the snake oil salespeople
at the retail investing level and the bobble heads on the kool aid selling
financial channels have been saying for years that we’re in a “recovery”
(albeit a slow one), billion dollar fund managers say that nothing has changed
and we’ll have another crash …
Roche 'The worst part of it ...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’ billions from the fraud ). 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.] ]
20
Questions To Ask Anyone Foolish Enough To Believe The Economic Crisis Is Over
The
Economic Collapse | We are
still in the middle of a full-blown economic crisis and things are about to get
even worse.
Street
Extends Losing Streakat Forbes
Minyanville's
T3 Daily Recap: Market Slammed Again, Led Down by Chinese Stocks at Minyanville
[video]Market
Slams a Lacking Jobs ReportTheStreet.com
TV ‘A deeply disappointing non-farm payrolls report has put the
brakes on the recovery.’
Bill
Gross Holds His Ground: Treasuries Will Burn You...Slowly
Economic Risk Continues to Increase
Global Markets Staring Into the Abyss
Dollar,
Safe Haven No More? at The Wall
Street Journal Leivisohn ‘Is the dollar’s safe haven status a
thing of the past? [Yes!] It
was for at least one week, according to Nomura currency strategist Jens
Nordvig. In a report this morning, Mr. Nordvig noted that the recent strong
tendency of the dollar and the S&P 500 to move in opposite directions was
nowhere to be seen last week, even as the S&P 500 dropped for the fifth
consecutive week…’
http://finance.yahoo.com/news/This-Employment-Ratio-34-Year-wscheats-2271160620.html?x=0&.v=1 This Employment Ratio is at a 34 Year Low 1 Wall St. Cheat Sheet June 3, 2011 ‘A disappointing increase of
only 54,000 jobs was accompanied by an unemployment rate for May of 9.1%, up
from the previous month’s 9.0%. The briefing.com consensus was for 9.0% and
their own estimate was for 9.1%. The employment-to-population ratio is hovering
around levels first seen in November 1977.
Here is the lead paragraph from the Employment
Situation Summary released this morning by the Bureau of Labor Statistics:
Nonfarm payroll employment changed little (+54,000)
in May, and the unemployment rate was essentially unchanged at 9.1 percent, the
U.S. Bureau of Labor Statistics reported today. Job gains continued in
professional and business services, health care (NYSE:XLV), and mining
(NYSE:XLB). Employment levels in other major private-sector industries were
little changed, and local government employment continued to decline.
The unemployment peak for the current cycle was
10.2%, one year ago in October 2009. The chart here shows the pattern of
unemployment, recessions and both the nominal and real (inflation-adjusted)
price of the S&P Composite (NYSE:SPY) since 1948.
Unemployment is usually a lagging indicator that
moves inversely with equity prices (See first chart below). Note the increasing
peaks in unemployment in 1971, 1975 and 1982. The inverse pattern becomes
clearer when viewed against real (inflation-adjusted) S&P Composite, with
its successively lower bear market bottoms. The mirror relationship seems to be
repeating itself with the current and previous bear markets.
Chart http://dshort.com/charts/unemployment-SP-Composite-since-1948.gif
The second chart shows the unemployment rate for the
civilian population unemployed 27 weeks and over. The May number is 4% — down
from December’s adjusted 4.1%. This measure gives an alternate perspective on
the relative severity of economic conditions. As we readily see, this metric is
significantly higher than the peak in 1983, which came six months after the
broader measure topped out at 10.8%.
Chart http://dshort.com/charts/unemployed-27-weeks-SP-Composite-since-1948.gif
The inverse correlation between the two series is
obvious. We can also see the accelerating growth of two-income households in
the early 1980′s. The recent ratio low of 58.2% in November 2010 and
December 2009 was a level not seen since August 1983. In fact, those recent
lows were almost back to the 58.1% ratio of March 1953, when Eisenhower was
president, the Korean War was still underway, and rumors were circulating that
soft drinks would soon be sold in cans. The latest ratio, for May 2011, is
58.4%, unchanged from last month.
The employment-population ratio will be interesting
to watch going forward. The first wave of Boomers will be a downward force on
this ratio. The oldest of them were eligible for early retirement when the
Great Recession began, and the Boomer transition to the retirement will
accelerate over the next several years.
The third chart is one of my favorites from
CalculatedRisk. It shows the job losses from the start of the employment
recession, in percentage terms compared to all recessions since 1948. Note the
addition of the dotted-line alternative for the current cycle, which shows
unemployment excluding the temporary census hiring.
Chart http://cr4re.com/charts/chart-images/JobLossesRecessionMaxMay2011.jpg
The start date of 1948 was determined by the earliest
monthly unemployment figures collected by the Bureau of Labor Statistics. The
best source for the historic data is the Federal Reserve Bank of St. Louis.
Here is a link to a Google source for customizable
charts on US unemployment data (not seasonally adjusted) since 1990. You can
compare unemployment at the national, state, and county level.
Doug Short Ph.d is the author of dshort.com.’
9
Reasons Markets Trended Down this WeekWall
St. Cheat Sheet
Peter
Schiff: ‘US economy heading for disaster’ “We are heading for a huge
disaster,” says Euro Pacific Capital President Peter Schiff. As the US dips
from a recession to a depression, Schiff says, America needs to stop borrowing
money if they want to prevent driving off the proverbial cliff.
New
Decentralized Currency Stimulating Underground Barter Economy New
grassroots cyber currency, the Bitcoin, may provide the perfect vehicle to
operate outside the establishment economy and snub the all-powerful banking
cartels — it’s decentralized, quasi-anonymous, and its supply is regulated by
an algorithm to actually create deflation over time.
More
Americans Think Economy Will Never Recover The mixed signals regarding the
economy’s health are taking a toll.
Ron
Paul: “Barack Obama and the big government crowd are destroying our economy” Today,
a spokesman for Congressman Ron Paul’s 2012 Republican presidential campaign
remarked on the most recent U.S. jobs report and the state of the American
economy. See comments below.
Towards a
Worldwide Inflationary Depression According to our calculations we have
been in an inflationary depression since February of 2009. Everyone looks back
on the deflationary depression of the 1930s as a benchmark or a reference.
OPEC
Upstaged by Qaddafi in Most-Hostile Meeting Since Gulf War OPEC’s decision
on production quotas this week may be complicated by hostilities in Libya as
members meeting in Vienna find themselves supporting opposing camps of a
military conflict for the first time in 21 years.
Questioned
by Paul, Fed denies any interest in gold True to his word to when he met a
GATA delegation in Washington a week ago, U.S. Rep. Ron Paul, R-Texas, chairman
of the House Subcommittee on Domestic Monetary Policy, has begun asking the
Federal Reserve questions about gold swaps.
China
Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills China has
dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its
ownership of the short-term U.S. government securities from a peak of $210.4
billion in May 2009 to $5.69 billion in March 2011, the most recent month
reported by the U.S. Treasury.
Ron
Paul Interview About Debt Ceiling, Spending Republican presidential
candidate Ron Paul talks with Bloomberg’s Al Hunt about the U.S. debt ceiling,
U.S. troop withdrawals from Afghanistan, Pakistan and Libya, and Federal
Reserve monetary policy.
Bank
to suggest CO2 levy on jet, shipping fuel Reuters | The World Bank will suggest a global levy on
jet and shipping fuel in recommendations to G20
Teen Unemployment 25
Percent CSM | It’s
never been easy being a teenager. Now, try being a teenager looking for work.
We’ve Now Got Depression-Level Unemployment Washington’s Blog | The only jobs
we’re creating are military and other public sector jobs.
True
Cost of Fannie, Freddie Bailouts: $317 Billion, CBO Says The Congressional
Budget Office (CBO) says the real cost of the federal government guaranteeing
the business of failed mortgage giants Fannie Mae and Freddie Mac is $317
billion — not the $130 billion normally claimed by the Obama administration.
Goldman
Prepares To Fight Carl Levin Allegations Of Massive Housing Short, Will Release
Trove Of “Evidence” It Is Innocent The firm is now expected to release its
own trove of documents expected to “defend” the firm from the various
allegations presented in the Carl Levin 639 page report.
Will
The Banksters And The Corpocracy Eventually Own It All? 29 Statistics About Extreme
Income Inequality In America That Will Blow Your Mind Today, average
Americans have less power relative to the monolithic corporate and governmental
institutions that dominate our society than at any other point in U.S. history.
The Real “Margin” Threat: $600
Trillion In OTC Derivatives, A Multi-Trillion Variation Margin Call, And A
Collateral Scramble That Could Send US Treasurys To All Time Records… While
the dominant topic of conversation when discussing margin hikes (or reductions)
usually reverts to silver, ES (stocks) and TEN (bonds), what everyone so far is
ignoring is the far more critical topic of real margin risk, in the form of
roughly $600 trillion in OTC derivatives.
National
/ World
Japan Admits Full Meltdowns at All 3 Nuke Reactors After
Quake, Tsunami CNN
| The announcement will not change plans for how to stabilize the Fukushima
Daiichi plant, the agency said.
The Elite’s Plan For Global Extermination Paul Joseph Watson | Webster Tarpley
conducts the most detailed study to date of John P. Holdren’s Ecoscience in a
bombshell new video interview.
How the empire will prevail: Will Washington Foment War
Between China and India? Paul
Craig Roberts | Gold and silver will become forbidden
possessions, as will guns and a number of books, including the US Constitution.
U.S. Tells Golan Protesters to Show Restraint After 23
Killed Kurt Nimmo
| “Provocative actions like this should be avoided,” said State Department
after IDF soldiers killed 23 on Sunday.
Prominent Swiss Politician Calls For Arrest of Kissinger
at Bilderberg Paul Joseph Watson
| Dominique Baettig calls on federal authorities to apprehend former US
Secretary of State.
British Foreign Secretary Says Bombing of Libya to Last
Beyond Christmas Kurt Nimmo
| Independent journalists report truth on the ground in Libya ignored by
pro-war corporate media.
Forensic evidence emerges European e.coli superbug
bioengineered to produce human fatalities Mike Adams | Keep people sick, deny
access to healing herbs and supplements, then profit from suffering at the
hands of the global drug cartels.
Five
U.S. soldiers killed in attack on base; 18 Iraqis dead in other violence Five
U.S. soldiers were killed Monday in a rocket attack at a joint U.S.-Iraqi base
in the capital, officials said. It was the largest death toll for the American
military in Iraq in a single incident in two years.
NATO jets target
Libya state TV Latest reports indicate that NATO-led warplanes have dropped
several bombs on the offices of the Libyan state broadcaster in the capital
Tripoli.
Gates
in Kabul for strategy talks
High-level meetings with U.S. and Afghan officials are at a potential
turning point in the war. (Washington
Post) [ Strategy? Heck, there’s gotta’ be something something about ’u.s.
strategy’ that they can like. After all, it’s so amorphous that it can bend to
any will, constantly evolving, changing, growing, or, as they say in reality,
is non-existent at all. What might they like about ‘u.s. strategy’? Well, for
one thing, for america, the u.s. strategy is self-destructive, self-defeating,
and contraindicated for everyone; but, pervasively corrupt, defacto bankrupt
america’s just too dumb to realize it. Gerson:
Gates’s war against defense cuts (Washington Post) [ Wow! Talk about being
out of touch … I quess after years at the cia one starts to believe their own
b***s*** / propaganda / lies to the point that, as gates, they’ve completely
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). 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
Dems find themselves in a tough spot (Washington Post) [ Tough spot? Like
Iraq and a hard place … called Afghanistan … indeed they are … in a tough spot
… of their own making … by a wobama prevaricating approach to most all things
despite campaign promise that belie their actions, or lack thereof. ] [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
{ In robert gates’ cia-alice-in-wonderland
world, a failed defacto bankrupt american banana republic with gunboat
diplomacy will do just fine (thank you very much for your wasted tax dollars).
}
Thanks to Ron Paul, We Are All Libertarians Now Susan Westfall | “If we believe in
having the liberty to exercise our free will and if we believe in smaller
government, then perhaps we are all libertarians now.”
Gadahn Call for Gun Violence Merges With Obama’s “Under
the Radar” Anti-gun Agenda Kurt
Nimmo | Gadahn says Muslims can buy full auto weapons without
providing ID at gun shows.
Israeli Soldiers Kill Dozens of Palestinians, Including
Woman and Child in Occupied Golan VOANews.com | Israel occupied the Golan Heights in 1967.
British Intelligence: al-Qaeda May Contaminate Food After
E.Coli Scare Kurt Nimmo
| Terror fear mongers don’t let a good crisis go to waste.
We’ve Now Got Depression-Level Unemployment Washington’s Blog | The only jobs
we’re creating are military and other public sector jobs.
NATO Helicopter Attacks Tantamount To Ground Operation:
Russian Foreign Minister Novosti
| NATO’s actions in Libya are gradually evolving into a land operation.
June 5th Ron Paul Money Bomb – The Revolution vs
RomneyCare Ron Paul 2012.com
| It’s no secret the Romney campaign thinks no one else can touch their
fundraising tally.
Bank of America Gets Pad Locked After Homeowner
Forecloses On It WFMY News 2
| Have you heard the one about a homeowner foreclosing on a bank?
World
Bank To Suggest Global Carbon Tax on Airline, Shipping Fuel (Paid by You) The
World Bank will suggest a global levy on jet and shipping fuel in
recommendations to G20 governments later this year on raising climate finance,
a senior official said on Sunday.
Riot
Police, SWAT Teams Called on Dancers at Jefferson Memorial In addition to
the SWAT team, the cops erected a fence around the monument.
June
5th Ron Paul Money Bomb – The Revolution vs RomneyCare The truth is, an
overwhelming showing on June 5th would force the establishment pundits to
realize what we already know, Congressman Paul is campaigning as a top-tier
contender and is a force to be reckoned within the Republican Primaries.
NATO
Helicopter Attacks Tantamount To Ground Operation: Russian Foreign Minister NATO’s
actions in Libya are gradually evolving into a land operation, Russia’s foreign
minister warned on Saturday.
Fukushima
Reactor No. 1 more radioactive than ever At the stricken Fukushima nuclear
power plant, a robot sent into the building housing Reactor No. 1 on Saturday
detected the highest levels of radiation measured since the crisis began on
March 11.
Trouble
for the Establishment in Europe, Protests Spread to France (Video) Luke
Rudkowski reports from the new protests in France. He interviews a
stunningly-aware crowd. They truly know the score and what the root problem of
the system is: Banskter-Goverment collusion resulting in their enslavement.
Great on-the-ground reporting by Rudkowski.
NATO
Helicopter Attacks Tantamount To Ground Operation: Russian Foreign Minister NATO’s
actions in Libya are gradually evolving into a land operation, Russia’s foreign
minister warned on Saturday.
Fukushima
Reactor No. 1 more radioactive than ever At the stricken Fukushima nuclear
power plant, a robot sent into the building housing Reactor No. 1 on Saturday
detected the highest levels of radiation measured since the crisis began on
March 11.
Food
chain at risk of being poisoned by terrorist groups Food and drink sold in
Britain is under a growing threat from terrorist groups which might try to
poison supplies, the Government’s security advisers have warned.
US
Government/Mossad Agent Voices Support For Obama’s Gun Control Agenda In a
new video message, American-born al Qaeda spokesman Adam Gadahn calls on
Muslims living in America to carry out deadly one-man terrorist acts using
fully automatic weapons purchased at gun shows, and to target major
institutions and public figures.
Libya:
UK Apache attack helicopters launch first strikes British Apache attack
helicopters have been used to strike targets in Libya for the first time, the
Ministry of Defence has confirmed.
Gaddafi’s
Stolen Billions: Max Keiser Explains ‘Financial Terrorism’ International
bankers have reportedly wasted billions of dollars invested by Libyan leader
Colonel Gaddafi. The Financial Times says giants like Goldman Sachs were
dealing with the dictator’s investments when it needed to plug a hole during
the economic crisis. Most of the money has been lost, but with what’s going on
in Libya any repayment seems unlikely.
Trouble
for the Establishment in Europe, Protests Spread to France (Video) Luke
Rudkowski reports from the new protests in France. He interviews a
stunningly-aware crowd. They truly know the score and what the root problem of
the system is: Banskter-Goverment collusion resulting in their enslavement.
Great on-the-ground reporting by Rudkowski.
Israeli forces kill 18 protesters: Syrian TV (Reuters)
Drudgereport: TEMPLETON chairman: Financial
Crisis 'Around Corner'...
'WE ARE ON THE VERGE OF A GREAT, GREAT DEPRESSION...'
ECONOMIC 'HORROR' AS DATA
PLUNGES
Dow Has Longest Weekly Slump
Since '04...
Housing prices fall 'beats
Great Depression slide'...
CHICAGOLAND: Flash Mobs
Attack 2 Men...
TAX FURY IN ATHENS AS GOV'T
FACES DEBT
'Bankrupt' claim heightens
Spanish debt fears...
9.1%
MAY JOBS:
+54,000...
MCDONALD'S hired half...
Fears stoked of a
'double-dip'...
CBO: True Cost of Fannie,
Freddie Bailouts $317 Billion, Not $130 Billion Obama Claims...
Taxpayers Still Bailing Out Banks...
WH: 'Bumps on the road to
recovery'...
O gets booed...
LET'S GOLF ABOUT IT
China Divests 97% of Holdings
in US Treasury Bills...
DOOM: More Americans Think Economy Will Never Recover...
GOP sees Obama as
increasingly beatable...
Recovery Languishing as
Americans Await Signal of Better Times...
Congress Delivers Obama
'Stunning Rebuke on Libya'...
Weiner withdraws from
speaking engagement...
Dow tumbles 280 points...
Private Sector Jobs
Grew By Only 38,000 in May...
Planned Layoffs Up...
Manufacturing Slows...
MOODY'S: US Rating Could Be Placed Under Review...
Greece goes further into junk
territory; MOODY'S downgrades...
AP: Consumer confidence falls
'unexpectedly' in May...
BARONE: Pro-Obama media always
shocked by bad economic news...
Home-price index at lowest
point since 2006 bust...
'Double-Dip' Even Worse Than Expected...
GOLDMAN SACHS: $5 gas this
summer...
Number of federal-owned
limousines has soared under Obama...
Obama bailout of GOV'T MOTORS
to cost taxpayers at least $14 billion...
Obama solicitor general:
Don't like healthcare mandate, earn less money!
REPORT: Senate's 100 members
spend $40M for 700 offices nationwide...
7 'NATO troops' killed
Thursday were American...
British Health Care Program
in Grave Peril...
Netanyahu: Israel cannot
prevent UN recognition of Palestinian state...
First ID'ed as 'Int'l
Security Assistance Force service members'...
Deadliest day this year...
WARS RAGE ON...
U.S. Dead in Afghanistan Tops
1,500...
OBAMA HITS GOLF COURSE FOR ROUND
NO. 70...
ON THE GROUND IN LIBYA
Anti-Christian Violence
Continues in Pakistan...
UPDATE: MIAMI 'WAR ZONE'
DURING URBAN WEEKEND...
'I was scared for my life'...
Poet 'Da Real One' Gunned
Down In Front Of Miami Poetry Cafe...
Violent crime explodes in
Myrtle during Black Bike Week; 8-hour hell...
Rib Fest At Rochester beach
turns rowdy...
Riot On Long Island...
Urban Melee In Charlotte...
Chaos causes DNC concern for
convention...
Unruly urban crowd shuts down
Nashville water park...
Emanuel shuts down packed
Chicago beach; 'heat-related illnesses'...
REPORT: 'Dozens of gang
bangers'...
TEEN
GANGS UNLEASHED ON BOSTON BEACH
WHO: Radiation From
Cell Phones Can Cause Cancer...
In
same category as lead, engine exhaust, chloroform...
VIDEO: Woman Screams For Help
After TSA Molestation...
WHACKED, NOT HACKED!
'Used govt.
resources'...
Breitbart: 'I Want To Hear
Truth'...
6 'inappropriate'
relationships...
ABCNEWS: Mystery Woman
Revealed...
HER STORY...
Risqué Online Chats, Photo
Swaps...
SLIDESHOW...
VIDEO: 'Web of lies'...
TWITTER TEARS:
WEINER ADMITS
REPORT: Woman claims to have
200 explicit messages from NY Dem...
IT MIGHT BE MY WEINER! REPORT: WEINER'S TALE
UNRAVELING... By Daniel Libit Sunday,
June 5, 2011 ‘As the world has attempted to make sense of Rep. Anthony Weiner’s
claim that his Twitter account was hacked, a key clue has been missing: exactly
how the notorious groin pic was posted online. But according to data provided
exclusively to The Daily from TweetCongress.org, a nonprofit website that
captures each member of Congress’s Twitter feeds in real time, the shot seen
round the world was transmitted using TweetDeck — a popular Adobe desktop
application that links up with social networking sites. A review of Weiner’s
Twitter stream from May 27, the day of the crotch pic, shows that Weiner had
been posting only from TweetDeck — one of many ways to post messages to Twitter
— that entire night. Chet Wisniewski, a senior security adviser at security
software company SophosLabs, said the TweetDeck stamp “does make it more
plausible that it did come from him.” Weiner used TweetDeck frequently, but he
often also posted from the Web directly or from his BlackBerry. A widely
circulated explanation for how Weiner’s Twitter account could have
been hacked by email would also seem to be incompatible with the fact that the
message in question originated on TweetDeck. If email had been used, the
message probably would have originated via the photosharing site Yfrog, where
the infamous picture was posted …’ [ Weiner admits he sent lewd picture; won't quit (AP)
- After days of denials, a choked-up Rep. Anthony Weiner confessed Monday
that he tweeted a photo of his bulging underpants to a young woman, and he also
admitted to "inappropriate" excha...’
Tearful US congressman admits to crotch photos (AFP) ]
'This Could Be The End For
Him'...
'Have You Ever Taken A
Picture Like This Of Yourself?'...
WEINER CALLS COPS ON CBS WASHINGTON
(CBSNewYork) — ‘Congressman Anthony Weiner said Thursday he’s
finished talking about the lewd photo sent from his Twitter account.But he
still wouldn’t say whether
he’s the one in the picture.So CBS 2 political reporter Marcia Kramer
decided to go to his office on Capitol Hill to try to get you some
answers.You’ll never believe what happened.Kramer tried to get an interview
with the six-term New York Democrat and as a result had the cops called on
her.Kramer walked in to Weiner’s office, announced herself as being from CBS 2
in New York City and said she’d like to see the congressman. Those few words
created quite the stir. Doors slammed and people pretended she wasn’t there
...’ Weiner’s
efforts don’t cool furor The
congressman said that he didn’t send a lewd photo on Twitter but also that he
couldn’t “say with certitude” whether the image was of his own crotch.
(Washington Post) [ ‘Weiner’s weiner’!
‘Not cool furor’ … how ‘bout just plain ‘not cool’. Eh … what can you expect
from national drain / sinkhole new york (new york / new jersey metro). I
haven’t read but probably agree with the following article: Listen
up, fellas: Naked man-parts? Not so sexy. (Washington Post) / … Even Mr.
Milbank weighs in: ‘The
Weiner roast Congressman finds
himself in a fight he does not relish.’ Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s over objection of the
FBI, and were promptly ‘dispatched’/assassinated / hit by mafia / organized
crime [ this was documented with authority in the book Goombata: The Improbable
Rise and Fall of John Gotti and His Gang John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both nations
are regressively but nostalgically trying bring the world back to failed
geopolitical paradigms that made the 20th century the bloodiest century, not
coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian england,
etc..; more specifically, diversion of the masses from the glaring failures of
leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Minyanville's
T3 Daily Recap: Stocks and Economic Data Leave Nowhere to Hide at Minyanville By T3Live.com Jun
03, 2011 ‘This week markets were presented with economic data ranging from ADP
payroll, jobless claims, car sales, and crude inventory numbers, all pointing
to a waning economic recovery.
US markets finished the week with a very negative
tone, led lower by Nasdaq
stocks
via the PowerShares QQQ Trust
(QQQ), which
was down 1.62% on the session. Stocks sold-off into the close, dragging the SPDR Dow Jones Industrial Average ETF
(DIA) to
its longest streak of weekly losses since 2004. The US government jobs
report showed slowing growth, with only 54,000 jobs added in May, trailing
estimates of 165,000 as well as an unexpected climb to 9.1 percent.
Already investors have seen disappointing reports out of the US, Europe,
and China revealing slowed manufacturing growth in May. This week markets
were presented with economic data
ranging from ADP payroll, jobless claims, car sales, and crude inventory
numbers, all pointing to a waning economic recovery. As of Thursday evening,
the markets had taken the negative data in stride, but the government jobs data
proved to be the last straw for many investors.
There was nowhere to hide today with the SPDR
S&P 500 (SPY)
down 1.15% on the session. In fact, there was nowhere to hide this week, as 94%
of the S&P 500 stocks finished red on the week. Furthermore, the continuous
stream negative US data against the backdrop of the EU coming to a deal to
bailout Greece saw investors dumping stocks and the US dollar,
while finding shelter in the euro.
The most jarring aspect of today’s sell-off was the extremely bearish action in
of most leaders, with Chinese Internet stocks falling off a cliff as Sina (SINA),
Youku.com (YOKU), Qihoo 360 Technology (QIHU), and China Dangdang (DANG) all down
over 8%, with Sina down nearly 12% on the session. Baidu.com (BIDU) and Sohu.com (SOHU)
fared better closing lower by 3.82% and 4.5% respectively.
Netflix (NFLX)
was the lone standout among the leaders to finish slightly higher, yet other
companies that traders routinely look to for leadership sold-off into the close
with the rest of the market. Amazon
(AMZN)
finished down 2.38% and Apple
(AAPL)
was negative by just over a half percent.
With demonstrations and unrest expected over the weekend in Greece and the
Middle East, there is potential for more headwinds to be digested by investors
come Monday.’
Goldman
Sachs subpoenaed Report says firm’s mortgage-related investments enabled
the company to profit while clients lost money. (Washington Post) [ Their stock
was down. Why? No mystery there on fraudulent wall street that they’ve got
plenty to hide; and, certainly far more beyond the scope of the subpoena. The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed… an especially great opportunity to sell /
take profits while you still can since there's much worse to come! America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog/ Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Selling
In May Is Very Good Advice This Year Harding / Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.
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 ).
U.S.
Job Growth Sputters: Only 54,000 Jobs in May at TheStreet.com
By Shanthi Bharatwa [chart
http://www.thestreet.com/content/image/88693.include ]
‘NEW YORK (TheStreet)
-- The U.S. economy added far fewer jobs in May, suggesting that the recovery
in the employment market might be stalling.
According to
the Bureau of Labor Statistics, nonfarm payrolls increased by 54,000 on a seasonally
adjusted basis in May, after rising by an average of 220,000 in the prior three
months. Economists were expecting the payrolls to rise by 169,000, according to
Briefing.com. That is the lowest payroll growth since September 2010.
The private
sector, which has been the main contributor of jobs amid layoffs at the state
and local government levels, added 83,000 jobs, a marked slowdown from the
244,000 jobs averaged in the last three months. Economists predicted companies
would add 180,000 jobs in May, their expectations diminished by the
ADP report Wednesday which said companies added only 38,000 jobs.
The consensus
estimates don't always reflect actual market expectations because analysts
don't always revise their estimates based on the ADP report. The
"whisper" number for the markets may have been closer to about
100,000. So even by those metrics, the jobs report is severely disappointing.
Reacting to
the dismal report, Patrick O'Keefe, director of economic research at J.H. Cohn,
said, "This report stands out as a recommendation to all economists to go
through a course in humility. I expected, even after the ADP report, a much
better report than this. But as Keynes said -'when the facts change, I change
my mind.'"
According to
the Labor Department's survey, the auto, retail, nondurable goods and health
care sectors shed jobs in May. The government laid off another 29,000 workers
in May, after shedding 19,000 in April and 25,000 in March.
But more
striking than layoffs was the slowdown in hiring. After adding 38,000 jobs in
April, the goods-producing sector created only 3,000 jobs in May. Manufacturing
shed 5,000 jobs in May, after hiring 24,000 people in the previous month.
The private
services-providing sector, the biggest contributor to employment, added only
80,000 jobs, after creating 213,000 in April. In April, the ISM Services Index
showed a dramatic slowdown to 52.8% from 57.3% in March. The Institute for
Supply Management said at 10:00 a.m Friday that the Nonmanufacturing Index rose
to 54.6% from 52.8% in April, better than the 53.3% economists were expecting.
Temporary
help, which has contributed one in six 6 jobs during the recovery, also saw a
drop of 1,200 jobs.
"The
flattening in temporary help, given the marginal headline employment gain
signals that employers have become even more reluctant to increase payrolls in
the face of sputtering expansion," O'Keefe noted.’
JOBS REPORT MUCH WORSE THAN EXPECTED! Previous day: Economic
outlook hinges on jobs report One of the few bright spots in the economic
picture in the past three months has been solid and steady job creation by the
private sector. (Washington Post) [ And, you can bet the ranch that the report
will be a complete fabrication. Indeed, the capital reeks of political
desperation, domestically and globally. Fudgecake yes … they can always put the
‘report’ back in the oven so to speak for those ever more recurring revisions
which still never quite bring the data back to reality. Beware
the next big fraud When will we see
the next big fraud and a massive burst in the secondary markets bubble? Not
soon enough, I fear. (Washington Post) [ Next? How ‘bout we’re still in the midst
of that continuing multi-trilliion dollar fraud marked to anything … The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), Billion
Dollar Fund Managers Agree: The Government Never Fixed the Underlying Economic
Problems, So We’ll Have Another Crash infowars.com While the snake oil salespeople
at the retail investing level and the bobble heads on the kool aid selling
financial channels have been saying for years that we’re in a “recovery” (albeit
a slow one), billion dollar fund managers say that nothing has changed and
we’ll have another crash …
Roche 'The worst part of it ...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’ billions from the fraud ). 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.] ]
20
Questions To Ask Anyone Foolish Enough To Believe The Economic Crisis Is Over
The Economic Collapse |
We are still in the middle of a full-blown economic crisis and things are about
to get even worse.
5
Cities Vulnerable to the Next Bursting Bubble WASHINGTON (TheStreet) -- Bubbles are a
beautiful thing to watch while they're inflating or floating along, but they
can be extremely messy when they burst. The U.S. still hasn't recovered from the
real estate bubble that burst in 2007. Considering the somewhat tenuous state
of the second coming of tech spending, the bubbling costs of college inflation,
the seemingly limitless heights of gold prices and the ever-expanding demand
for health
care as baby boomers ease into retirement, there may be another bubble just
around the bend.
Don't tell that to Las Vegas, which is still trying
to pick up the pieces after the housing bubble's pop shattered its real estate
industry. Average home prices dropped from $220,000 in 2008 to just $128,000 in
the first quarter of this year. As a result, a 3.21% foreclosure rate quoted
for the area by RealtyTrac is still the highest in the nation, and its 13.3%
unemployment rate is outdone only by Riverside-San Bernardino-Ontario, Calif.'s
13.9% margin (and 2.04% foreclosure rate). The good news is that foreclosure
rate is a 11.54% improvement from fall of last year. The bad news is that it's
only a 7.74% upgrade from the same period last year, is still costing more
homeowners their properties than anywhere in America and is having a residual
effect on business, with traffic down at McCarran Airport and once-untouchable businesses
such as the Sahara casino closing, with owners cited the crisis as a reason.
California, Nevada, Arizona and Florida are among the
states dealing with double- or near-double-digit unemployment, high foreclosure
rates and home prices that have plummeted more than 50% in some cases, but even
metropolitan areas within those states were spared the same pain. Another burst
bubble could make some of those places feel a lot less lucky. TheStreet
took a look at five regions that lean heavily on one industry and at just how
much they stand to lose should their bubble be the next to go: …’
A
New Idea For Bernanke: Leave The Economy Alone at
Forbes ‘Sy
Harding It was another week of shockingly negative economic reports, which
you might think has Wall Street economists worried that the economy is running
into something more than just a brief soft patch (their popular term of recent
weeks).
They mostly
remain convinced that the problem is only temporary, that the economic reports
are coming in worse than their forecasts only because they under-estimated the
effect the surge in energy and commodity prices would have on consumer
spending, and the effect the Japanese earthquake would have on auto and
technology production. And they say those effects are only temporary.
Let’s hope
they’re right, because the additional reports this week were awful.
They included
that home prices are still declining; that Pending Home Sales fell 11.6% in
April to a 7-month low; that Consumer Confidence unexpectedly fell from 66 in
April to 60.8 in May; that the ISM Mfg Index plunged to 56.6 in May from 67.6
in April; that Factory Orders fell 1.2%; that auto sales fell more than forecasts.
The reports
ended for the week with Friday’s report that only 54,000 jobs were created in
May versus 232,000 in April, and compared to the consensus forecast that
175,000 jobs would be created. And the unemployment rate rose to 9.1% in May,
from 9.0% in April, versus forecasts that it would decline to 8.9%.
This week’s
reports came on top of four weeks of similarly dismal reports, including that
the Conference Board’s Leading Economic Indicators dropped into negative
territory for the first time in nine months, and that Durable Goods Orders
experienced their largest decline since last August. New home starts and
permits for futures starts plunged more than forecasts, and existing home sales
unexpectedly plunged, now down 12.9% year-to-date.
However, not only
is Wall Street not overly disturbed by the reports, but investors are not all
that concerned either.
In spite of
five straight weeks of decline, the Dow is only 4.7% below its peak at the end
of April, and it’s still up 5.4% for the year so far. And, what decline there
has been was on low volume, no signs of aggressive selling.
One theme I
keep hearing from bullish investors is that the Federal Reserve will not allow
economic growth to slow to any degree (beyond a brief soft patch), without
stepping in with another round of stimulus. Nor will it allow the stock market
to decline to any degree.
After all,
they remind me, Fed Chairman Bernanke virtually guaranteed that in the Fed’s
statement after its last FOMC meeting, in which it said, “The Committee will
continue to monitor the economic outlook and financial developments, and will
employ its policy tools as necessary to support the economic recovery.”
Meanwhile, as
I wrote in early April, the similarities to a year ago are spooky. Among the
long list of similarities I noted then, were that a year ago government
stimulus programs were also coming to end, the economy was already showing
serious signs of slowing, the stock market looked to be overbought, and
investor sentiment was unusually confident and bullish. The next event a year
ago was that the market topped out at the end of April into a correction, and
that has now potentially become another similarity of this year.
So will the
rest of the events of last year also repeat this year?
Last year, the
economy continued to weaken, and the stock market remained in a correction
until mid-July, during which the S&P 500 lost 16% of its value.
Then the Fed
seemed to panic and stepped in with a promise of another round of quantitative
easing, which was dubbed QE2. The economy picked up again, and the stock market
halted its decline, recovered its losses, and went on to the highs reached at
the end of April this year.
The big
question is, if the economy continues to slow this year, and the stock market
continues to decline, will the Fed push the magic button again?
Chairman
Bernanke received considerable criticism at home and globally for his QE2
decision last fall. It also doesn’t seem to have worked all that well. The
flood of additional dollars into the financial system pumped up the stock
market and commodity prices, creating inflation, but its effect on the economy
was apparently only temporary.
This year,
Congress would probably object mightily to another round of stimulus, given its
new determination to cut government costs in efforts to tackle the record
budget deficits.
So, unless the
economy really nose-dives, I suspect the Fed will allow the market system to
function normally this time around, allowing economic growth to slow if that is
its inclination, and the stock market to adjust to that, without government
interference.
We shall see.
So far the similarities to events a year ago continue to click into place.’
Moody’s:
U.S. credit rating at risk Agency
warns of a possible credit rating downgrade if a debt-ceiling deal cannot be
reached. (Washington Post) [ I’d say, as is true of their performance in the
last phase of this ongoing crisis, they are so typically late to the party.
After all, pervasively corrupt america is already defacto bankrupt. House
rejects debt ceiling increase The
317-to-98 vote was a bipartisan rejection of extending the nation’s current
debt limit of $14.3 trillion unless major spending reductions accompany the
legislation. (Washington Post) [ Well, perish the thought that increases in
liabilities should be commensurate with decreases in liabilities to maintain a
… balance … sheet? At this point, who’s counting? After all, are there really
degrees of defacto bankruptcy? Or, an either / or absolute state; viz., you are
or you’re not defacto bankrupt. Pervasively corrupt, defacto bankrupt america
is in fact defacto bankrupt! … Wall
Street 'Vastly Underestimating' Risk of Debt Default Forbes / Robert Lenzner StreetTalk ‘ “Meet the Press”
climaxed Sunday with a startling market prognostication from David
Brooks, conservative columnist for the NY
Times. The risk of a debt default over the combustible issue of the
Medicare deficit hangs over the course of the stock market. Buyers Beware!“I
was up in Wall Street this week,” Brooks said. “They’re vastly
underestimating the source of piolitical risk here. We could have a major
problem, I think, either this summer or the next couple years. And I’d be worried
about investing too much in the market. That’s my financial advice.”…’ Another
Financial Crisis Is On The Way, Mobius Says STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Harry
Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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! ‘
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of their
stocks so they can buy new yachts and some of this is pre-planned. But that
ratio — which has spiked recently — is extraordinarily high, one might even say
off-the-chart.]
May
Sales Show Tighter Times Ahead For Retailers at Forbes
Greenspan
‘Scared’ Over Deficit; Calls for Tax Rise The debt and deficit problem in
the US is so serious that former Federal Reserve Chairman Alan Greenspan finds
himself in the position of recommending the highest tax rates in more than a
decade.
Treasury
Continues To Dip Into Retirement Accounts, Prepares To “Take Out” $66 Billion
Chunk To Make Room For New Bond Issuance Today, very quietly, the Treasury
released its latest refunding announcement, in which it disclosed it would
issue another $66 billion in 3, 10 and 30 Year notes next week.
The Public
Banking Movement Comes of Age The public banking movement is becoming
mainstream thanks to great work done by thoughtful and dedicated researchers
like Ellen Brown, author of “Web of Debt.”
Goldman Gets
Subpoena From Manhattan DA Goldman Sachs just got a subpoena from the
Manhattan DA.
National
/ World
Bipartisan Congress Rebuffs Obama on Libya Mission Washington Times | The House voted
for resolutions telling President Obama he has broken the constitutional chain
of authority via Libya.
Romney
says he can heal economy He kicks
off presidential bid by trumpeting his record as a turnaround specialist in
business. (Washington Post) [ Well, he’s certainly not going to do that by
toeing the israeli lobby line as did failed president wobama the b (for b***s***),
despite his recent rhetoric (meaningless coming from wobama the b) seemingly,
but not really in terms of action (he’s literally continued the perma-war
policies of war criminal and moron dumbya bush; ie., Afghanistan, Libya, etc., Drudgereport: FLASHBACK:
Obama: U.S. Involvement Would Last 'Days, Not Weeks'... OBAMA
FIGHTS FOR HIS RIGHT TO BOMB LIBYA... Deadliest
day this year... WARS
RAGE ON... U.S.
Dead in Afghanistan Tops 1,500...
OBAMA
HITS GOLF COURSE FOR ROUND NO. 70... ON
THE GROUND IN LIBYA . This despite the defacto bankruptcy of the
nation. It is time to tell the mentally deficient at the pentagon along with
other war mongering neocons that the days of their easy money, fog of war
thefts (ie., 360
tons of $100 bills flown into Iraq and ‘disappeared’, etc. ) and nebulously fat budgets are over. Stated another
way, math, economics, and finance count. I’d say law should count but we all
know that’s not the case in meaningfully lawless america (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed). Obama
is committed to Israel (Washington Post) Rahm Emanuel He’s been invested
since his first days in office.{Yes! I do believe this is among the few
instances when emanuel is telling the truth; and, pervasively corrupt, defacto
bankrupt america has the red ink, red blood (of u.s. soldiers), and failed
geopolitical strategy to prove it.}
Robert
Gates: Kucinich move on Libya ‘dangerous’ Politico | Gates says move to end Libya attack would
undermine alliances and military operations.
House
Republicans Kill Kucinich’s Libya Withdrawal Bill FoxNews.com | Yanked from schedule
only after it became clear that it might succeed. { In robert gates’ cia-alice-in-wonderland
world, a failed defacto bankrupt american banana republic with gunboat
diplomacy will do just fine (thank you very much for your wasted tax dollars).
}
Tough
choices in Europe over Greece Greece will need more than $40 billion
to keep itself afloat and sidestep a nightmare scenario: a default by one of
the countries that use the euro. (Washington Post) [ Fait accomplis? I’d say,
‘look homeward hell’s angels’. After
all, we do have near 50 such fiscal basket-cases here in the pervasively corrupt,
defacto bankrupt disunited states. Meanwhile, america / nato are frittering
money / resources away . http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST MOMENTS
BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN LADEN, THE
WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF SERVICE
ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED IN
DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(NYT) [ Adapt? I don’t think so! I do believe that both nations are
regressively but nostalgically trying bring the world back to failed
geopolitical paradigms that made the 20th century the bloodiest century, not
coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall. .. Orwellian approach fostered by the purveyors of global unrest; viz., israel,
america, Orwellian england, etc.;more specifically, diversion of the masses
from the glaring failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Soros-funded leftist group pushes internet control WND.com | Documents released in
response to a Freedom of Information request from Judicial Watch revealed
collusion between FCC and Soros group.
Following Shooting, Miami Cops Grab Cell Phones at
Gunpoint, Destroy Them Carlos
Miller | Miami Beach police did their best to destroy a citizen
video that shows them shooting a man to death in a hail of bullets Memorial
Day.
Bill of Rights: An Endangered Species Kurt Nimmo | The 1st Amendment is
under attack from federal, state, local police and private security goons.
Following Pentagon’s Lead, NATO Says It Will Respond to
Hacker Threats Kurt Nimmo
| NATO adds weight to the concerted call to respond militarily to hyped cyber
threats against the state.
Drudge Drives TSA Controversy To Viral Status Paul Joseph Watson | Much to the
chagrin of the establishment media, Matt Drudge is still the King of Internet
news
No “Conspiracy Theory”: Wikileaks Cable Confirms North
American Union Agenda Paul
Joseph Watson | Mission to merge United States, Canada and
Mexico into monetary and political union labeled “conspiracy theory” by
establishment media.
The Spirit of Thomas Jefferson Lives in Nullification Alexander Meyer | We have
unchallenged Federal power coming face to face with the boiling passion of a
grass roots revival for liberty.
GOP
Establishment Attempting To Redistrict Ron Paul Out Of Office A Democratic
consultant tells the Texas Tribune that it is no coincidence that a proposed
congressional redistricting map would significantly alter District 14, the seat
firmly held by Ron Paul for the last fourteen years.
Ron
Paul: “Barack Obama and the big government crowd are destroying our economy” Today,
a spokesman for Congressman Ron Paul’s 2012 Republican presidential campaign
remarked on the most recent U.S. jobs report and the state of the American
economy. See comments below.
Chossudovsky:
US, NATO clearly going into ground war Russia’s foreign minister has
criticized the way the UN resolution on Libya is being implemented, in the wake
of NATO’s 90-day extension of its mission there. Sergey Lavrov says NATO’s
actions go beyond the scope of the resolution and undermine international law.
According to Michel Chossudovsky from the Canadian-based Center for Research on
Globalization, there are clear signs that we might soon see American boots
touch Libyan soil.
Japan staff exceed
radiation limit The operator of Japan’s crippled nuclear power plant said
two workers have exceeded a radiation exposure limit for men.
TSA
On The Ropes; Budget Slashed, Texas Grope Ban Returns Days after a top TSA
official conceded that the agency would be forced to reconsider its policies in
the aftermath of a nationwide backlash against invasive screening procedures,
the agency was dealt another two huge blows yesterday with the news that the
TSA budget would be slashed by $270 million, in addition to the return of a
bill in Texas that would make grope-downs a felony.
Texas Senate Under Siege EXCLUSIVE
footage of Alex Jones’ powerful speech on the steps of the Texas Senate chamber,
rebuking those who betrayed liberty and worked to kill the bill that would
protect passengers from TSA groping.
The
Sky Is Falling, It Is Time To Panic And The U.S. Economy Has Fallen And It
Can’t Get Up So many economists and financial pundits seem absolutely
shocked that the U.S. economy is slowing down again. It is as if this latest
wave of bad economic data has caught them completely by surprise.
Investors Await Jobs Report: Dave's Daily ‘ ETF
Center Thursday was a quiet day in trading but disappointing economic news
still dominated. Jobless Claims came in beneath expectations despite being
slightly better than the previous week; however, the four-week moving average
is 30K higher. Chain Store sales were disappointing with pundits blaming the
weather again. Factory Orders missed consensus forecasts at -1.2%. Lastly, not
that it's much of a surprise, Moody's warned it could downgrade U.S. bond
ratings should the budget deficit and debt not be resolved. So, do you think
Turbo-Tim would ever stiff "the Beard"? Anyway, the big number on
Friday is the employment data.
Estimates have been frantically reduced over the week given other poor data.
The current consensus is 170K jobs, which is quite low, so upside surprises may
be built in given all the downward revisions. Also on tap is ISM Services Index
which is expected to increase to 54 from 52.8. After
yesterday's big down day markets achieved some hard fought stability. It's
strange to think the employment report will hold surprises but it's Friday and
bulls definitely want to go out feeling better. The Fed was quiet Thursday but
underwriters are busy getting some new issues to market ("while the
getting's good") including Groupon and Pandora. These companies saw what
happened with LinkedIn and they want their piece of the action. Volume continued
at a higher level as bulls and bears fought it out. Breadth per the WSJ was
mixed. ‘
Beware
the next big fraud When will we see
the next big fraud and a massive burst in the secondary markets bubble? Not
soon enough, I fear. (Washington Post) [ Next? How ‘bout we’re still in the
midst of that continuing multi-trilliion dollar fraud marked to anything … The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), Billion
Dollar Fund Managers Agree: The Government Never Fixed the Underlying Economic
Problems, So We’ll Have Another Crash infowars.com While the snake oil salespeople
at the retail investing level and the bobble heads on the kool aid selling
financial channels have been saying for years that we’re in a “recovery”
(albeit a slow one), billion dollar fund managers say that nothing has changed
and we’ll have another crash …
Roche 'The worst part of it ...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’ billions from the fraud ). 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.] ]
20
Questions To Ask Anyone Foolish Enough To Believe The Economic Crisis Is Over
The Economic Collapse |
We are still in the middle of a full-blown economic crisis and things are about
to get even worse.
Tough
choices in Europe over Greece Greece will need more than $40 billion
to keep itself afloat and sidestep a nightmare scenario: a default by one of
the countries that use the euro. (Washington Post) [ Fait accomplis? I’d say,
‘look homeward hell’s angels’. After
all, we do have near 50 such fiscal basket-cases here in the pervasively
corrupt, defacto bankrupt disunited states. Meanwhile, america / nato are
frittering money / resources away . http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(NYT) [ Adapt? I don’t think so! I do believe that both nations are
regressively but nostalgically trying bring the world back to failed geopolitical
paradigms that made the 20th century the bloodiest century, not coincidentally
the american century (obviously for israel the latter half century). Yet, such
a conditioned psychopathic approach to global matters has led them
self-destructively, self-defeatingly, and ineluctably to decline, fall. ..
Orwellian approach fostered by the purveyors of global unrest; viz., israel,
america, Orwellian england, etc.;more specifically, diversion of the masses
from the glaring failures, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
D.C.
area no longer a leader in creating jobs (Washington Post) [ I’d say that
such is a distinction without a significant difference inasmuch as near all
‘new’ jobs above the ‘new’ normal are makeshift and predominantly politically
(not productively) motivated in origin. Do not fall for these ‘new renaissance’
sound bites / pep talks / spin sessions. Those deals, however misguided, are
done. Those real jobs are not coming back for the foreseeable future that
counts. The bell can not be ‘unrung’. Moreover, the ever less productive / make
shift service jobs (including governmental, federal, state, local) have hit the
wall in terms of budgetary constraints.
The
Market’s Wall of Worry [ http://blogs.forbes.com/robertlenzner/2011/05/29/the-markets-wall-of-worry ] Robert
Lenzner Street Talk ‘
* QE2 will be over in 30 days. That removes a $600 billion injection of money
in the financial system.
*The bottom
line all talks of cuts is less federal, state and local spending. Removes money
from income total for the nation.
*Meanwhile,
cost of healthcare, food, transportation continues to rise squeezing
middle class.
*The yield on
10 year Treasuries is 3.11% and trending lower in anticipation soifter economy.
*Housing
market could continue weak for some years, not months, affecting millions of
ordinary Americans.
* Price of
crude oil makes gasoline expensive and brings demand destruction.
* Stocks rally
now over 2 years old. Commodities have also run up bigtime.
* China trying
to slow its economic growth and having difficulty doing so.
*Europe facing
costly bailouts troubled nations and weaker financial institutions.
*Showdown over
Palestinian state could lead to another outbreak hostilities in the Middle
East.
*If US, Europe
and China slowing what are the prospects for global economy, corporate profits,
market valuations?
*Japan badly
hurt by earthquake and tsumami.
*Trade volumes
decline more sharply than output during downturns according to The Economist.
*But OECD
predicts GDP up 4.2% and trade volumes gain 8%.
The
Beginning of the End of QE2 and 18 Other Issues Making Investors NervousTue
May 31st, 2011Lloyd
Khaner Lloyd's Wall of Worry QE II..
U.S. ECONOMY: From hero to zero in one quick month. Hey, June, can you throw us
a bone here?
UNEMPLOYMENT: Job Creation Plan: Hire people to go out and count all the houses
that are for sale, are in foreclosure, are empty and are inhabited by non-human
animals. Not a perfect plan I admit, but give me cred for its original, unique,
and entirely hare-brained nature.
U.S. DEBT CEILING: The latest in a long list of political footballs. This time
each side is just punting the ball back and forth without any real effort to
score. For the first
time in head-to-head competitive history, both teams may find a way to lose.
INVESTOR
SENTIMENT: Call it a Dickens Market -- it was the best of times and now it’s
nearly the worst of times as extreme bullish sentiment becomes extremely
bearish in just a week or so.
HOUSING CRISIS: A recent government press release says it will take 9.2 months
to sell all the homes on the market right now. Of course, the specific
year/decade those 9.2 months will fall into the release didn’t specify.
INFLATION: India, strong in many ways but not known to be No. 1 in any one
economic sector -- until now. It has just landed the coveted top spot as the
Asian economy with the highest inflation, fueled by a estimated salary increase
of 13% in 2011. अचà¥à¤›à¤¾ दà¥: ख! That’s “good grief!” in Hindi.
STOCK MARKET TECHNICALS: Went to one of those Spiritual Readers and Advisors to
get the answer to this technical mayhem and was next in to meet with “Wilomena
of Wall Street” when my appointment got canceled. She picked up 1,000 LinkedIn (LNKD) IPO
shares and flipped them, thus declaring huge profits and retirement. The market
mystery continues…
FLOODS, TORNADOES, VOLCANOES: Well, we made it through The Rapture and we have
a good year and a half until Mayan 2012 hits, but in the meantime Mother Nature
is reminding us that she is and always has been the real deal.
OIL PRICES: Coming off the boil and therefore unlikely to do the damage of a
full-on “oil shock”. Kind of like setting the cattle prod on 7 rather than 10.
You get the full behavioral effect plus you live to share your experience with
the rest of the herd.
ARAB SPRING: Don’t look now but spring is about to turn into summer. Summer can
be warm, sunny and bright, or hot and blazing with fight. As the Zen Master
says, “We’ll see.”
LIBYA: More top officials leaving -- this time it's the chair of Libya's state
oil company. Could be a real sign of trouble for Mo-Mo, or maybe the oil chief
is taking a cue from America's CEOs and "spending more time with
family."
JAPAN: Back into recession, back on the ropes. "It's about
how hard you can get it and keep moving forward. How much you can take and keep
moving forward." For what it’s worth, my money’s on Japan moving
forward again.
CHINA: Starting to limit power usage at manufacturers as the hydro and coal situation
is a bit tight in the land of endless growth. Sounds a little scary for the
GDP, but put a “China Going Green” spin on it and no one will notice.
RING OF FIRE + SPAIN + TURKEY: This earthquake thing is spreading in strange
ways. Not the good spread like hot fudge over a sundae, more like that hiking
rash you get when going off trail in your shorts.
CURRENCIES: The state of Utah officially legalizes gold and silver as currency.
Likely just a ruse to get people to buy, store, and borrow against gold in the
state. And likely to work very well.
SOVEREIGN DEBT: Another June, another class of American college grads moves
their tassels and hit the streets. Hottest graduation gift trending now:
One-Year Credit Default Swaps on U.S. Debt. Inspiring to them, I’m sure.
COMMODITIES: Modern economic employment options are varied and I ain’t
complaining, but seeing the parabolic moves in all things that grow in the
ground, well, "Green Acres is the place for me."
INTERNATIONAL MONETARY FUND: The world’s banker or a moveable feast? Or as we
say here in the U.S. “Animal House, Animal House.”
Discouraging
news on the economy Stocks tumble
after data on manufacturing, jobs and home prices dash sunny expectations.
(Washington Post) [The key here is expectations based on what. I, and others
have been saying such expectations have been based upon total b***s***,
manipulations, if not outright fraud. Certainly the toxic assets now marked to
anything as per legislated professional criminal courtesy in the form of FASB
rule change will figure prominently in the next phase of this ongoing economic
/ financial crisis / debacle, the worst of which is yet to come, having been
exacerbated thereby. Moreover, it’s now clear that the fed’s machinations have
failed, benefited fraudulent wall street and insiders only, to everybody else’s
expense and detriment including a hyperinflationary environment some (including
El Erian of PIMCO) euphemistically refer to as stagflation. Dow
Down 280: Stocks Tumble as Bulls Throw in the Towel on Jobs The Daily Ticker (6/1/11) Top
3 Reasons Markets Got Drop Kicked After Horrible Jobs and Manufacturing Data
Wall St. Cheat Sheet U.S.
Markets and ETFs Stumble On Weak Economic Data ETF Trends / [ What a difference a day
makes: previous (May 31,2011) Globally, and in fraudulent america particularly,
the stock markets / bourses are a total joke as they try to window dress their
end of month figures based on b*** s*** alone. We’ve seen this before as it
played out in the prior phase of this ongoing financial crisis. Shiller Home
Price Index comes in at 100% worse than expectations … and don’t forget, that
includes the dollar debasing realities which makes this report even more dire.
Take this ‘me too’ pop on fraudulent wall street as an especially great
opportunity to sell, take profits since there is much, much worse to come.
Remember: ‘sell in May and go away’ … so … don’t be a lune, loon, sell in June! Another
Financial Crisis Is On The Way, Mobius Says STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Harry
Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
[ ABC (Dizzyney) is a pathetically horrible network;
unimaginative, devoid of creative programming and with the weakest broadcast
signal to boot (those ‘reality’ things they do … and look at their new offering
… ‘combat hospital’ … just what everyone wants to see … ‘real blood and guts?’
(oooh! So timely and ‘johnny on the spot’, like their ‘seal 6’ fiasco) … I hope
so if they’re that of their management personnel … they should be barred from
championship broadcasting! Terrible! Pathetic! I don’t know how they’re still
in business. Oh … I almost forgot … they’re the ‘american broadcasting company’
… succeeding through failure since nothing succeeds like failure in america
today. Let me add NBC (with the exception of the stellar ‘Saturday Night Live’)
to the foregoing reality (apprentice, etc.? Who is tacky / dumb enough to waste
time watching that s***. ]
A Close Look Under the Hood - Was
QE2 a Giant Waste of Money? , June 2, 2011
‘Some things are obvious, some things are not. It's obvious that QE2 lifted
stocks while leaving the real estate market (NYSEArca: IYR
- News)
to fend for itself.
This
article will take a deeper look under the hood and show what QE2 could and
couldn't do. More importantly, it will highlight how QE (or the lack thereof)
should affect your investment decisions.
QE2 and GDP
Even
though Gross Domestic Product (GDP) is an absolutely outdated and misleading
measure of a country's economic health (more about that in a moment), we'll
take a look at how QE2 affected GDP.
GDP
for Q4 2010 increased 3.1%. GDP for Q1 2011 was expected to come in at 2.1% but
was only 1.8%. This is a deceleration of growth and not what we'd like to see.
Back
to why GDP is misleading. GDP is calculated by summing up consumer spending,
government outlays (such as benefits and interest payments), gross investments
and exports and subtracting imports. All but exports fall under government
spending.
GDP
however, does not distinguish how government spending is financed. All the
government spending that has brought the U.S. to the brink of insolvency
is reflected in the GDP. As the chart below shows, the government entitlements
(such as unemployment benefits, etc.) account for over 35% of personal income.
http://www.etfguide.com//contributor/UserFiles/8/Image/Government%20entitlements.gif
Personal
income accounts for about 75% of GDP. Therefore government spending - which is
the polar opposite of organic economic growth - makes up over 26% of GDP
growth.
QE2 and Troubled Banks
Here
is one statistic that adds new meaning to why some banks are simply 'too
big to fail.' Of the 7,574 federal insured banks, 11.7% are on the FDIC's
'problem list.'
From
January to March 2011, the banking (NYSEArca: KBE
- News)
and financial (NYSEArca: XLF - News)
industry reported $29 billion in earnings, the highest number since before the
financial crisis.
$24.4
billion of the $29 billion were generated by the 1.4% of banks with assets
exceeded $10 billion. Of course the largest banks received massive bailouts and
record low-borrowing rates. While large banks have recovered, regional banks
(NYSEArca: KRE - News)
have been left to fight for the leftover crumbs.
QE2
has been great for Chase, Wells Fargo, Goldman Sachs, Bank of America and the
likes, but the neighborhood bank at the corner is likely struggling.
QE2 and Wealth
According
to the Boston Consulting Group (BCG), global wealth grew by $9 trillion, or 8%,
to $121.8 trillion in 2010. BCG includes cash and securities, but excludes
holdings in businesses, residences and luxury goods. The world's collective
investments and savings have surged $20 trillion from the 2008 lows and left
the world $10 trillion richer than in 2007. A look at the iShares MSCI EAFE
(NYSEArca: EFA - News)
and iShares MSCI Emerging Markets ETF (NYSEArca: EEM
- News)
confirms this.
QE2
is not solely responsible for this global wealth increase, but it had a lion
share in the $3.6 trillion gain in North America. No doubt the government is
happy to tax a good portion of that wealth. From a tax point of view, QE2 may
well have been worth its $600 billion price tag.
In
terms of job creation, QE2 failed miserably. A recent SmartMoney.com article
points out that QE2 has created maybe 700,000 full-time jobs at a cost of
around $850,000 each. The percentage of the population in work is lower today
than last August (58.4% vs. 58.5%).
QE2 and Stocks
Denominated
in dollars, you and I know that the S&P (SNP: ^GSPC), Dow Jones (DJI: ^DJI)
and Nasdaq (Nasdaq: ^IXIC) rallied around 100% or more from the March 2009
lows. Measured in hard currency however, SmartMoney reasons that the S&P
has risen by just 8.4% in Swiss francs. Measured in gold (NYSEArca: GLD
- News),
the S&P 500 (NYSEArca: IVV - News)
is up just 4.5%.
So
while QE2 has created some wealth, it appears to also have created an illusion
of wealth, probably even another bubble. Not many bubbles stay afloat without
continuous air inflow. The cash inflow for the QE2 bubble is about to end and
the search for a pin has begun …’
First-Of-The-Month
Blues at The Wall Street Journal
[ It’s quite amazing that the so-called
‘professionals’ seek solace and comfort from mechanical application of
technical analysis when focus on fundamentals which are less prone to
obfuscation / manipulation which ultimately has led to fraud after successful
fraud, debacle after debacle. ]
[$$]
Expect More 'Unexpectedly' Weak Economic Data at Barrons.com
Stocks Sink Again; Wal-Mart Slips 1.4%
Pops & Drops: Orbitz, Gap...
Stocks struggle amid US slowdown fears
Wall Street ends flat after volatile day; jobs ahead
US STOCKS-Wall St ends flat after volatile day; jobs ahead
Goldman Gets
Subpoena From Manhattan DA Goldman Sachs just got a subpoena from the
Manhattan DA.
Fears Grow Over
Double-Dip Recession One fund manager calls it a horror show, others are
predicting the Federal Reserve will have to extend its unconventional measures
and stocks across the world are falling heavily.
Did
The Fed Just Give The Green Light To Sell The Stock Market? Remember when
the president uttered the magic words back in March 2009, when he said that
“profit and earning ratios [whatever the hell those are] are starting to get to
the point where buying stocks is a potentially good deal if you’ve got a
long-term perspective on it” giving the green light for the 2 year bear market
rally?
Consumer
Confidence Is Now Lower Than During All Recent Financial Crises And Tragedies One
chart stands out in today’s Breakfast with Rosie: the comparison of yesterday’s
surprisingly weak Consumer Confidence number with comparable prints taken at
financial crises and tragedies of the past such as the October 1987 markets
crash, Desert Storm, LTCM, the dot com collapse, September 11, Katrina, and
Lehman.
Another
Financial Crisis Is On The Way, Mobius Says STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Harry
Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out 24 Signs Of Economic
Decline In America ‘The US is in the middle of a devastating long-term
economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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! ‘
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
National / World
Texas
Senate Under Siege TheAlexJonesChannel
| EXCLUSIVE footage of Alex Jones’ powerful speech on the steps of the Texas
Senate chamber, rebuking those who stopped the bill that would protect
passengers from TSA groping.
Embedding YouTube Videos May Soon Be a Felony Kurt Nimmo | If passed, the law will
send the web back ten years.
Corporate Media Dwells on Mitt Romney Candidacy, Ignores
Ron Paul Kurt Nimmo
| Romney, who has voted like a Massachusetts liberal, wants you to think he is
a libertarian Republican.
Alex Reunited with Trooper Who Arrested Him for Thumbscan
Refusal TheAlexJonesChannel
| Alex Jones happens upon the very state trooper who arrested him 14 years ago
for refusing to thumbscan for a driver’s license at the TSA protest.
10 Reasons Why The “Economic Recovery” Is a Fraud Paul Joseph Watson | Americans have
been continually deceived about the true state of the financial system.
QE3 and the Globalist Plan to Destroy the Dollar Kurt Nimmo | Even market gurus are
coming around to the fact the economic crisis is not accident.
VIDEO: Woman Screams For Help After TSA Molestation Steve Watson & Paul Joseph Watson
| Agents threaten to confiscate son’s bags, have him arrested as punishment for
filming ordeal.
New Video is a Key Weapon Against the Banking Cartel Infowars.com | Americans strive for
the American Dream — this film shows why that dream is disappearing.
Military
Escalation: “Phase Two” of the War on Libya A new phase of the war is
unfolding leading to a process of military escalation as well as the eventual
landing of US-NATO commandos on Libya’s shores.
War
Zones: As The Economy Dies, Murders, Shootings, Robberies And Looting Erupt All
Over America As the U.S. economy falls apart and millions of Americans
descend into despair we are seeing some really shocking things start to happen
all over America.
10
Reasons Why The “Economic Recovery” Is a Fraud Yesterday’s so-called
“horror” show for the US economy with the release of new data illustrating how
the economic “recovery” has all but ground to a halt was met with feigned
astonishment and shock by the establishment media, and yet for the past two
years the public has been continually deceived about the true state of the
financial system.
Moody’s Warns of US
Default Moody’s Investors Service, the credit ratings agency, warned of a
“very small but rising risk” that the US could default on its debt, adding
pressure on Congress and the Obama administration to overcome severe political
divisions and strike a deal on fiscal policy.
Pentagon
Warns Of M.A.D. Should The War Powers Act Be Enacted And US Withdraw Its Troops
From Libya Who says Mutual Assured Destruction is to be used only by
bankers: our military leaders appear to have mastered the strategy of getting
what they want to warning about all hell breaking loose, just as effectively.
Alex
Reunited with Trooper Who Arrested Him for Thumbscan Refusal While routing
out the globalist forces at the Texas Capitol behind killing the anti-TSA bill,
Alex Jones happens upon the very state trooper who arrested him 14 years ago
for refusing to thumbscan for a driver’s license.
QE3
and the Globalist Plan to Destroy the Dollar Mohamed El-Erian, chief
executive officer at Pacific Investment Management Co., told Bloomberg today
the Fed’s quantitative easing policy failed to meet the “ultimate objective” of
boosting employment and economic growth.
VIDEO:
Woman Screams For Help After TSA Molestation Video of an incident recorded
over the memorial weekend at Sky Harbor International in Phoenix, AZ, documents
how the TSA deal with people who are traumatized by grossly invasive enhanced
pat downs.
Hail Caesar Although the financial
press speculates about a downgrade of the US government’s credit rating and
default if political impasse prevents the debt ceiling from being raised in
time, I doubt anyone really believes that the debt ceiling will not be raised.
It is just all a part of the political theater of the next couple of months.
‘Gaddafi
is not bin Laden, NATO would bomb him to death if knew where he was’ NATO
is extending its operation in Libya by another three months. The Alliance chief
says the decision is meant to signal to Colonel Gaddafi that the coalition is
determined to fulfill the UN mandate to protect Libyans.
Ron
Paul on Neil Cavuto: You Can’t Get Back To Growth Unless You Have Correction The
Congressman talks the ailing economy with Cavuto.
Robert Gates: Kucinich move on Libya ‘dangerous’ Politico | Gates says move to end Libya attack would undermine alliances and military operations.
House
Republicans Kill Kucinich’s Libya Withdrawal Bill FoxNews.com | Yanked from schedule
only after it became clear that it might succeed.
Afghan
leader warns NATO not to become ‘occupying force’ | Karzai warned NATO-led
forces in Afghanistan they were at risk of being seen as an occupying force. [
Duh! What a bag of hot air karzai is! ]
Drudgereport: TEMPLETON chairman: Financial
Crisis 'Around Corner'...
'WE ARE ON THE VERGE OF A GREAT, GREAT DEPRESSION...'
ECONOMIC
'HORROR' AS DATA PLUNGES
Dow tumbles 280 points...
Private Sector Jobs
Grew By Only 38,000 in May...
Planned Layoffs
Up...
Manufacturing
Slows...
MOODY'S: US Rating Could Be Placed Under Review...
Greece goes further into junk
territory; MOODY'S downgrades...
AP: Consumer confidence falls
'unexpectedly' in May...
BARONE: Pro-Obama media
always shocked by bad economic news...
Home-price index at lowest
point since 2006 bust...
'Double-Dip' Even Worse Than
Expected...
GOLDMAN SACHS: $5 gas this
summer...
Number of federal-owned
limousines has soared under Obama...
Obama bailout of GOV'T MOTORS
to cost taxpayers at least $14 billion...
Obama solicitor general:
Don't like healthcare mandate, earn less money!
REPORT: Senate's 100 members
spend $40M for 700 offices nationwide...
7 'NATO troops' killed
Thursday were American...
British Health Care Program
in Grave Peril...
Netanyahu: Israel cannot
prevent UN recognition of Palestinian state...
First ID'ed as 'Int'l
Security Assistance Force service members'...
Deadliest day this year...
WARS RAGE ON...
U.S. Dead in Afghanistan Tops
1,500...
OBAMA HITS GOLF COURSE FOR
ROUND NO. 70...
ON THE GROUND IN LIBYA
Anti-Christian Violence
Continues in Pakistan...
UPDATE: MIAMI 'WAR ZONE'
DURING URBAN WEEKEND...
'I was scared for my life'...
Poet 'Da Real One' Gunned
Down In Front Of Miami Poetry Cafe...
Violent crime explodes in
Myrtle during Black Bike Week; 8-hour hell...
Rib Fest At Rochester beach
turns rowdy...
Riot On Long Island...
Urban Melee In Charlotte...
Chaos causes DNC concern for
convention...
Unruly urban crowd shuts down
Nashville water park...
Emanuel shuts down packed
Chicago beach; 'heat-related illnesses'...
REPORT: 'Dozens of gang
bangers'...
TEEN
GANGS UNLEASHED ON BOSTON BEACH
WHO: Radiation From
Cell Phones Can Cause Cancer...
In
same category as lead, engine exhaust, chloroform...
OBAMA FIGHTS FOR HIS RIGHT TO
BOMB LIBYA...
VIDEO: Woman Screams For Help
After TSA Molestation...
IT MIGHT BE MY WEINER!
'This Could Be The End For
Him'...
'Have You Ever Taken A
Picture Like This Of Yourself?'...
WEINER CALLS COPS ON CBS WASHINGTON
(CBSNewYork) — ‘Congressman Anthony Weiner said Thursday he’s
finished talking about the lewd photo sent from his Twitter account.But he
still wouldn’t say whether
he’s the one in the picture.So CBS 2 political reporter Marcia Kramer
decided to go to his office on Capitol Hill to try to get you some
answers.You’ll never believe what happened.Kramer tried to get an interview
with the six-term New York Democrat and as a result had the cops called on her.Kramer
walked in to Weiner’s office, announced herself as being from CBS 2 in New York
City and said she’d like to see the congressman. Those few words created quite
the stir. Doors slammed and people pretended she wasn’t there ...’ Weiner’s
efforts don’t cool furor The
congressman said that he didn’t send a lewd photo on Twitter but also that he
couldn’t “say with certitude” whether the image was of his own crotch.
(Washington Post) [ ‘Weiner’s weiner’!
‘Not cool furor’ … how ‘bout just plain ‘not cool’. Eh … what can you expect
from national drain / sinkhole new york (new york / new jersey metro). I
haven’t read but probably agree with the following article: Listen
up, fellas: Naked man-parts? Not so sexy. (Washington Post) / … Even Mr.
Milbank weighs in: ‘The
Weiner roast Congressman finds
himself in a fight he does not relish.’ Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar
(sic – lawyer) is one of those typically with a ‘pre or post’ arrangement,
whether implicit or explicit; you know, that ubiquitous ‘bribe thing’ in
pervasively corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s over objection of the
FBI, and were promptly ‘dispatched’/assassinated / hit by mafia / organized
crime [ this was documented with authority in the book Goombata: The Improbable
Rise and Fall of John Gotti and His Gang John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world combined...
fed employees / contractors, cia, all 3 branches of u.s. gov’t, 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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
U.S.
Home Prices Drop To 2002 Levels, Ho-Hum Says Mr. Market Forbes [ Yeah
… they have to say ho-hum so that they’re not caught saying … duh! Shiller
Home Price Index comes in at 100% worse than expectations … and don’t forget,
that includes the dollar debasing realities which makes this report even more
dire. ]
S&P/Case-Shiller Home Price Indices http://www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/us/?indexId=spusa-cashpidff--p-us----
Dow
Down 280: Stocks Tumble as Bulls Throw in the Towel on Jobs By Aaron
Task The Daily
Ticker(6/1/11) ‘A day after rallying on hopes for a Greek
bailout, the stock market tumbled Wednesday following another round of dismal
economic data. The daylong sell-off accelerated into the close after Moody's
downgraded Greek debt late in the trading day.The Dow shed 2.2% to 12,291 while
the S&P and Nasdaq each lost 2.3%, and oil fell the most in three weeks as
the "risk on" trade came unwound in a hurry. Gold rose to a four-week
high while Treasury prices continued to rally; the yield on the benchmark
10-year note fell below 3% for the first time since early December.The
widespread sell-off was widely attributed to weaker-than-expected reports on
U.S. manufacturing, auto sales, and the ADP's report on private sector
payrolls. Just 38,000 private sector jobs were created last month, the lowest
level since September 2010, according to ADP.While the ADP report has a
checkered history of forecasting the Labor Department's survey, the combination
of ADP's report and the national ISM Manufacturing index hitting its lowest
level since 2009 prompted Wall Street economists to slash their forecasts for
Friday's jobs report. Deutsche Bank's Joe LaVorgna, for example, has cut his
forecast for Friday's payroll number two times this week, to 150,000 currently
from 300,000 last week.As my Breakout colleague Matt Nesto notes in the
accompanying clip, Wednesday's weak data confirms the recent trend, which has
been a pervasive slowdown across nearly every sector of the economy.
Citigroup's U.S. Economic Surprise Index, which whether data is beating or
missing estimates, turned negative last month and now sits at its lowest level
since January 2009, Bloomberg
reports. (See: What Recovery? The Economy's
Weak And Getting Weaker, Mish Says) Given
the declining trend has been in place for several weeks (at least), Wednesday
has the look of a "capitulation day" for the remaining econo-bulls.
As a result, the market may be set up for an upside surprise on Friday if the
May jobs number is anything but horrific. While the official consensus estimate
is for 170,000 jobs, the "whisper number" is now 100,000 according to
Reuters.While Jeff
Macke describes today's action as just noise within the trading range of
S&P 1300 to 1340, the heavy selling seemingly confirms the trend of
one-step forward, two-steps back that has been in force since early May. The
question is whether the stock market is just catching on to economic reality or
sniffing out something far worse in the offing, like QE3 or a political
breakdown over the debt ceiling.Aaron Task
is the host of The Daily Ticker. You can follow him on Twitter at @atask or email him at [email protected] ‘
Top
3 Reasons Markets Got Drop Kicked After Horrible Jobs and Manufacturing Data
Wall St. Cheat Sheet On
Wednesday June 1, 2011, ‘Markets closed down on Wall Street: DJI -2.22%
SP500 -2.28% Nasdaq -2.33% Gold 0.16% Oil -2.87% . Markets were in a downtrend
all day as trading volume remained low. On the commodities front, Oil (NYSE:USO) dropped over $3 from the high of the day to land
back below $100 a barrel. Gold (NYSE:GLD) caught some love on the usual QE3 talk and
another downgrade of Greece, while Silver (NYSE:SLV) got crushed nearly 5%.
Today’s
markets were down because:
1) Economic
data sucked . First we started with a much
weaker than expected ADP Employment report. That was the shot heard ’round
Wall Street. Then analysts tripped over each other to lower estimates for
tomorrow’s big Non-Farm Payrolls report. After that, the pessimists were
rewarded again as ISM
Manufacturing missed analyst expectations by a mile. The mantra for the
remainder of the day has been “slowdown”.
2) Automakers
offered disappointing news. The mantra continued as Ford (NYSE:F), General Motors (NYSE:GM), and Toyota (NYSE:TM) announced poor
automobile sales data. But data was brighter for retailers as we noted in
our Retailer
Roundup.
3) Tech had
another big day. Nokia
(NYSE:NOK) is getting hit like a bear raid and LinkedIn (NYSE:LNKD) broke
technical support as we warned yesterday. On a positive note, Netflix (NASDAQ:NFLX) and Apple (NASDAQ:AAPL) have a lot of positive focus on their
businesses during the All Things Digital Conference and next week’s Apple
Developer’s Conference. But the stocks are still down in the slaughter.
Bonus: Cisco
Projects Insane Growth in Web-Users and Data Traffic
Now that
you’re in the know, enjoy your evening!’
U.S.
Markets and ETFs Stumble On Weak Economic Data ETF Trends , June 1, 2011, ‘Disheartening economic data, namely
from private-sector jobs and manufacturing growth, pointed to a slowing
economy, sending markets and exchange traded funds (ETFs) lower.
The Institute
for Supply Management index of activity in manufacturing – the purchasing
managers’ index, or PMI – declined from 60.4 in April to 53.5 in May, which was
well below the expected drop to 57.0, report Steven Russolillo and Brendan
Conway for The Wall Street Journal
. Nevertheless, readings above 50 indicate an expanding economy. [ Economic
Data Tempers Gains in U.S. Markets and ETFs. ]
The lower-than-expected
employment number from private-sector jobs in the U.S. only increased by 38,000
last month, whereas economists had previously anticipated an influx of 190,000.
According to the ADP report, the employment gauge plummeted to 58.2, a low last
seen in October 2010, from 62.7.
The ISM’s
production index fell from 63.8 in April to 54.0 and new orders dropped from
61.7 to 51.0, a low last seen in June 2009, write Alex Kowalski and Shobhana
Chandra for Bloomberg .
Construction
spending inched up 0.4% in April, but the number was revised downward from the
previous month.
- SPDR S&P 500 ETF (NYSEArca:SPY) is down 1.3%.
- PowerShares QQQ (NasdaqGM:QQQ) is down 1.17%.
- SPDR Dow Jones Industrial Average ETF (NYSEArca:DIA) is down 1.4%.
For more information on the U.S. markets, visit our
S&P 500 category .
Max Chen contributed to this article.’
It's
A Cyclical Downturn In The Global Economy: Nobody Escapes at Forbes Robert Lenzner StreetTalk [ Yes. Mr. Lenzner
is quite right. And, the natural concomitant of this cyclical downturn is the
secular bear market in this secular downtrend. That’s the economic and financial
reality, exacerbated by fraud, corruption and what they’re doing and not doing.
]
‘The sharp fall in the industrial
manufacturing index– from 60.4 to 53.5 in a single month is abundant
proof that we have reached a cyclical turn in the economy says Lakshman
Acouthan, CEO of ECRI, a highly respected economic consulting firm in New
York.
“This is a
cyclical turn,” Acouthan just told me. “It is worldwide. Nobody escapes,” the
ECRI executive told me after reading today’s economic tea leaves– which were
seriously negative and distinctly different than the growth predicted by
most large Wall Street institutions.
By
underscoring “nobody escapes,” I believe Acouthan was referring to China, where
there are signs that higher interest rates and stiff restrictions on bank
reserves have begun to bite into industrial growth and commodity
prices.
Acouthan
believes stock markets and commodity prices, especially metals and energy, will
continue to be under pressure.
And
Wednesday’s plummeting share prices in the US were dramatic, as investors ran
for the exits and drove the indexes down a solid 2%. New jobs in the
private sector were meager, and home prices weakened again to the point wherer
prices in many cities have returned to pre-2002 levels. I anticipate more softness
in residential homes, which wil cetainly affect consumer sentiment.
Then, too, the
yield on 10 year Treasuries, the most watched interest rate in financial
markets, keept falling well below the 3% mark, closing at a yield of 2.94% just
as my bond guru Bob Smith of Smith Capital had been predicting. So far, PIMCO’s
Bill Gross has egg on his face for selling his Treasury bonds and then going
short– betting that interest rates would spike and bond prices weaken.
GM shares
plummeted on the surprisingly weak sales of autos in the most recent period. By
the end of the trading session shares of integrated oil companies were weaker.
Only gold seemed to climb in an undramatic fashion to finish the day higher.
Sadly, the
rout of the risk trade may mean that the Fed’s monthly $600 billion QE2
quantitative easing has not bolstered the economy so much as it induced
speculation in stocks and commodities.’
The
10 Most Heavily Traded Stocks Selling Off Big Today Wall St. Cheat Sheet
QE2
a Failure, Forget QE3, Says UBS at
The Wall Street Journal
AT&T Buys T-Mobile Merger Support With Payoffs to United Way, NAACP, Governor's Wife at Minyanville
Minyanville's
T3 Daily Recap: Market Sells Off on Slowing Economy at Minyanville
Stocks Tumble As Weak Economic Data Prompt Recovery Fears
Steven Russolillo
| U.S. stocks plunged Wednesday after a slew of downbeat reports prompted fears
that the nation’s economic recovery is running out of steam.
Market strategist: “We’re on the verge of a great, great
depression” CNBC
| “What we’ve got right now is almost near panic going on with money managers
and people who are responsible for money.”
Fed Ready to Print More Funny Money on QE3 Rumors Kurt Nimmo | Latest effort by the Fed
to finance the government’s staggering deficit will end this month.
Amazon
Tax Bill Passes California State Assembly NBC LA | California could collect more than $1 billion a
year by taxing Amazon and other online retailers if a bill approved by the
Assembly becomes law.
House
Republicans Meet With Obama After Rejecting Debt Ceiling Increase Fox | The proposal to raise the
nation’s $14.3 trillion ceiling by another $2.4 trillion failed.
Why
Gold Is Still a Good Long-Term Investment If all currencies are moving up
or down together, the question is: relative to what? Gold is the canary in the
coal mine. It signals problems with respect to currency markets. Central banks
should pay attention to it.
Suddenly
Everyone Is Warning About The Next Financial Collapse Are we about to see a
repeat of 2008 (or something even worse)? Suddenly all kinds of people are
coming out of the woodwork and warning that we could be on the verge of the
next major financial collapse.
One
percent holds 39 percent of global wealth Around one percent of households
have 39 percent of the globe’s wealth according to a study published Tuesday,
pointing to increased inequalities in the wake of the global downturn.
Billion
Dollar Fund Managers Agree: The Government Never Fixed the Underlying Economic
Problems, So We’ll Have Another Crash While the snake oil salespeople at
the retail investing level and the bobble heads on the kool aid selling
financial channels have been saying for years that we’re in a “recovery”
(albeit a slow one), billion dollar fund managers say that nothing has changed
and we’ll have another crash.
National / World
Stocks Tumble As Weak Economic Data Prompt Recovery Fears
Steven Russolillo
| U.S. stocks plunged Wednesday after a slew of downbeat reports prompted fears
that the nation’s economic recovery is running out of steam.
Three Powerful New Films Coming to the Infowar PrisonPlanet.tv | We have added
several exclusive bombshell video interviews for subscribers at Prison
Planet.tv
Market strategist: “We’re on the verge of a great, great
depression” CNBC
| “What we’ve got right now is almost near panic going on with money managers
and people who are responsible for money.”
Fed Ready to Print More Funny Money on QE3 Rumors Kurt Nimmo | Latest effort by the Fed
to finance the government’s staggering deficit will end this month.
18 Signs Life In U.S. Public Schools Now Equivalent To
Life In U.S. Prisons The
American Dream | When I was young we would joke that going to
school was like going to prison, but today that is actually true.
Florida
governor signs welfare drug-screen measure CNN | Claims welfare payments subsidize drug addiction.
Ron
Paul: We Are Enabling A Future American Dictatorship Steve Watson | 2012 candidate warns
that lack of oversight is enabling the rise of a dictatorship in the US.
The
Federal Reserve Cartel: The Eight Families Dean Henderson | Four Horsemen of Banking are among the
top ten stock holders of virtually every Fortune 500 corporation.
Fukushima:
French research institute finds high radioactivity NHK | Radiation in Fukushima
Prefecture 60 times higher than the annual reference level.
NATO
extends Libya air war, says Kadhafi will go AFP | NATO Wednesday extended its Libyan air war by
three months. Drudgereport: FLASHBACK:
Obama: U.S. Involvement Would Last 'Days, Not Weeks'...
‘Summer
of War’ by NATO: 90 more days of Libya bombing NATO has declared its
extending its operation in Libya by another three months. The alliance chief
says this decision is meant to prove to Muammar Gaddafi that the alliance is
determined to fulfil the UN mandate. Let’s cross live to James Corbett an
editor of an independent news website to discuss the latest developments.
Military
Escalation: “Phase Two” of the War on Libya A new phase of the war is
unfolding leading to a process of military escalation as well the eventual
landing of US-NATO commandos on Libya’s shores. An unprecedented deployment of
naval power in the Mediterranean is occurring.
Psych
drug doctors now pushing to add lithium to drinking water Chlorine,
fluoride, and the various other chemical poisons already added to the nation’s
drinking water supplies are apparently not enough for the self-appointed
experts whose insatiable lust to force-medicate the world is never satisfied.
Tiny
Payout In TSA Breast Exposure Lawsuit The U.S. government paid a paltry
$2350 to settle a lawsuit brought by a Texas woman who sued the Transportation
Security Administration after her breasts were exposed during a vigorous
frisking at a Texas airport, records show.
Strategist:
World On The Verge Of Great, Great Depression And The Fed Knows It A
notable market strategist has told CNBC that the world is on the verge of the
largest financial meltdown in history, warning that Wall Street is at a loss as
to what to do regarding the ailing economy.
Stocks sink
as banks slash jobs outlook Stocks skidded on Wednesday as more weak
economic data cemented fears the U.S. recovery was running out of steam and
prompted Wall Street firms to slash forecasts ahead of the closely watched
payrolls report on Friday.
Obama
Bailout of Gov’t Motors to Cost Taxpayers at Least $14 Billion A report
today from the president’s National Economic Council says the government will
lose less than $16 billion — which would amount to 20% of the $80 billion spent
to bail out the U.S. auto industry.
Check
Out These Exclusive New Videos At Prison Planet.tv We have added several
exclusive bombshell video interviews for subscribers at Prison Planet.tv – with
more to come. Check out the trailers for these new presentations below and
consider becoming a member at Prison Planet.tv.
NATO
extends Libya operations to September NATO said on Wednesday it had
extended its Libyan mission for a further 90 days, after Muammar Gaddafi made
it clear he would not step down, dashing hopes of a negotiated end to the
uprising against his rule.
Fed
Ready to Print More Funny Money on QE3 Rumors Simon Maughn, co-head of
European equities at MF Global, has told CNBC that a third round of so-called
quantitative easing is in the works. The private Federal Reserve will again
become the marginal buyer of bonds.
Gen.
Hamid Gul: US will start WW3 if war expands to Pakistan Amid the fallout
between Washington and Islamabad over the killing of Osama Bin Laden, RT spoke
to Hamid Gul, former chief of Pakistan’s Intelligence Agency. He calls the US a
haughty empire spoiled by a sense of authority.
Rep.
Paul to Fed: Tell Us Everything, or Else The chairman of the House
subcommittee that oversees the Federal Reserve demanded Tuesday that the Fed
fully disclose details of billions — perhaps trillions — in secret emergency
loans it made to almost every major bank in the U.S. and overseas during the
financial crisis or face a congressional subpoena for the information.
Housing
market ‘double dips’ The prices of
single-family homes dropped to their lowest level since April 2009. Consumer
confidence drops to six-month low (Washington Post) [ Little more much worse than expected very bad
news and we’ll see new highs on fraudulent wall street. And, no; the worse than
expected news was not ‘already baked into valuations / pricing. Just
manipulated fraud as before and as always on fraudulent wall street. Globally, and in fraudulent america particularly,
the stock markets / bourses are a total joke as they try to window dress their
end of month figures based on b*** s*** alone. We’ve seen this before as it
played out in the prior phase of this ongoing financial crisis. Shiller Home
Price Index comes in at 100% worse than expectations … and don’t forget, that
includes the dollar debasing realities which makes this report even more dire.
Take this ‘me too’ pop on fraudulent wall street as an especially great
opportunity to sell, take profits since there is much, much worse to come.
Remember: ‘sell in May and go away’ … so … don’t be a lune, loon, sell in
June! Another
Financial Crisis Is On The Way, Mobius Says STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Harry
Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. 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-- America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
Report:
SEC lawyer exposed FBI informant (Washington Post) [ Clearly, the sec liar (sic
– lawyer) is one of those typically with a ‘pre or post’ arrangement, whether
implicit or explicit; you know, that ubiquitous ‘bribe thing’ in pervasively
corrupt, defacto bankrupt, fallen
america. Indeed, the scenario typifies that national drain / sinkhole
new york (new york / new jersey metro) where, for example, FBI informants were
routinely exposed by ‘italians’ in the new york d.a.’s over objection of the
FBI, and were promptly ‘dispatched’/assassinated / hit by mafia / organized
crime [ this was documented with authority in the book Goombata: The Improbable
Rise and Fall of John Gotti and His Gang John
Cummings
(Author), Ernest
Volkman (Author) Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Milbank:
Congress clocks in to clock out (Washington Post) [ ‘At 10 a.m. Tuesday morning, the Senate came
to order. Forty-one seconds later, it adjourned. During this legislative
session, there was no bill under consideration, no debate on the floor, not
even an opening prayer or a pledge of allegiance. The only senator in the
chamber was Mark Warner (D-Va.), the presiding officer. ‘After completing his gavel duties, Warner
looked up at the 20 tourists in the public gallery and wondered aloud to the
clerk what the spectators must think of the proceedings.“They think, ‘this is
our government?’ ” the clerk replied. That’s if they’re being charitable. The
Senate is supposed to be in Memorial Day recess this week. But the chamber is
so ungovernable that Majority Leader Harry Reid doesn’t even have the votes to
declare a recess. So he decided instead to have a few “pro forma” sessions,
such as Tuesday’s, allowing senators to take a vacation without voting for it.
In a sense, the Senate has been in a pro-forma session all year…’ Now who’s
being charitable … I’d say Mr. Milbank in his euphemistic description supra as
well as his unflinching defense of
wobama the b (for b***s***) despite wobama’s reneging on virtually all his
campaign promises / rhetoric to the nation’s unequivocal detriment. Thus, it is
indeed Mr. Milbank, journalistically speaking, who as well clocks in to clock
out. Simply put, wobama is nothing less than the worst of the democratic
platform combined with the worst of the republican platform. At near single
digit approval rates for congress, I find it difficult to imagine a realistic
approval rate for wobama exceeding same.
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
Dems find themselves in a tough spot (WP) [ Tough spot? Like Iraq and a hard
place called Afghanistan; indeed they are. [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones | U.S. intelligence is that bin Laden needs dialysis every 3 days/ http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Roche 'The worst part of it ...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’ 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 WP Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
]
Karzai
orders change in U.S. strategy
Afghan president’s ultimatum could complicate U.S. drawdown. (Washington
Post) [ Karzai’s always been hot-air and
antithetical to the true sovereign interests of Afghanistan, acting more as a
war criminal nation american shill. 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
Dems find themselves in a tough spot (WP) [ Tough spot? Like Iraq and a
hard place called Afghanistan; indeed they are. [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones | U.S. intelligence is that bin Laden needs dialysis every 3 days/ http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Roche 'The worst part of it ...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’ 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 WP Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
]
House
rejects debt ceiling increase The
317-to-98 vote was a bipartisan rejection of extending the nation’s current
debt limit of $14.3 trillion unless major spending reductions accompany the
legislation. (Washington Post) [ Well, perish the thought that increases in
liabilities should be commensurate with decreases in liabilities to maintain a
… balance … sheet? At this point, who’s counting? After all, are there really
degrees of defacto bankruptcy? Or, an either / or absolute state; viz., you are
or you’re not defacto bankrupt. Pervasively corrupt, defacto bankrupt america
is in fact defacto bankrupt! … Wall
Street 'Vastly Underestimating' Risk of Debt Default Forbes / Robert Lenzner StreetTalk ‘ “Meet the Press”
climaxed Sunday with a startling market prognostication from David
Brooks, conservative columnist for the NY
Times. The risk of a debt default over the combustible issue of the
Medicare deficit hangs over the course of the stock market. Buyers Beware!“I
was up in Wall Street this week,” Brooks said. “They’re vastly
underestimating the source of piolitical risk here. We could have a major
problem, I think, either this summer or the next couple years. And I’d be
worried about investing too much in the market. That’s my financial advice.”I
have to admit Brooks woke me up. I had blithely been assuming a deal to raise
the debt limit would get resolved at the last minute–the classic American way.
But, the showdown between Republican cutters and Democrat defenders of Medicare
may a lot more treacherous a path than I anticipated.And the potential deep
cuts underscore what I mentioined in my “Market’s
Wall of Worry” post yesterday about the prospects of the Income line
of the GDP being reduced by necessity. Cut Medicare and lerss money will
be spent on health care, less money on medical instruments, less money on
drugs, on pills, on doctotrs visits.Less money on healthcare means less money
circulating and so less tax revenue. It’s a future scenario few of us
want to contemplate. A runup to possible default will not be positive for the
stock market. Even if dfefault is avoided then, the notion that Wall
Street doesn’t get the crisis measns there’s too much denial of reality in
stock prices. I’m with David Brooks.’ … TEMPLETON
chairman: Financial Crisis 'Around Corner'... By Kana
Nishizawa / Bloomberg - May 30, 2011 ‘ Mark
Mobius, executive chairman of Templeton Asset Management’s emerging markets
group, said another financial crisis is inevitable because the causes of the
previous one haven’t been resolved …’ STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Business Insider Joe Weisenthal …
Globally, and in fraudulent america particularly, the
stock markets / bourses are a total joke as they try to window dress their end
of month figures based on b*** s*** alone. We’ve seen this before as it played
out in the prior phase of this ongoing financial crisis. Shiller Home Price
Index comes in at 100% worse than expectations … and don’t forget, that
includes the dollar debasing realities which makes this report even more dire.
Take this ‘me too’ pop on fraudulent wall street as an especially great
opportunity to sell, take profits since there is much, much worse to come.
Remember: ‘sell in May and go away’ … so … don’t be a lune, loon, sell in
June! Another
Financial Crisis Is On The Way, Mobius Says STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Harry
Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
Globally, and in fraudulent america
particularly, the stock markets / bourses are a total joke as they try to
window dress their end of month figures based on b*** s*** alone. We’ve seen
this before as it played out in the prior phase of this ongoing financial
crisis. Shiller Home Price Index comes in at 100% worse than expectations … and
don’t forget, that includes the dollar debasing realities which makes this
report even more dire. Take this ‘me too’ pop on fraudulent wall street as an
especially great opportunity to sell, take profits since there is much, much
worse to come. Remember: ‘sell in May and go away’ … so … don’t be a lune,
loon, sell in June! Another
Financial Crisis Is On The Way, Mobius Says STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Harry
Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
The
Market’s Wall of Worry [ http://blogs.forbes.com/robertlenzner/2011/05/29/the-markets-wall-of-worry ] Robert
Lenzner Street Talk ‘
* QE2 will be over in 30 days. That removes a $600 billion injection of money
in the financial system.
*The bottom
line all talks of cuts is less federal, state and local spending. Removes money
from income total for the nation.
*Meanwhile,
cost of healthcare, food, transportation continues to rise squeezing
middle class.
*The yield on
10 year Treasuries is 3.11% and trending lower in anticipation soifter economy.
*Housing
market could continue weak for some years, not months, affecting millions of
ordinary Americans.
* Price of
crude oil makes gasoline expensive and brings demand destruction.
* Stocks rally
now over 2 years old. Commodities have also run up bigtime.
* China trying
to slow its economic growth and having difficulty doing so.
*Europe facing
costly bailouts troubled nations and weaker financial institutions.
*Showdown over
Palestinian state could lead to another outbreak hostilities in the Middle
East.
*If US, Europe
and China slowing what are the prospects for global economy, corporate profits,
market valuations?
*Japan badly
hurt by earthquake and tsumami.
*Trade volumes
decline more sharply than output during downturns according to The Economist.
*But OECD
predicts GDP up 4.2% and trade volumes gain 8%.
The
Beginning of the End of QE2 and 18 Other Issues Making Investors NervousTue
May 31st, 2011Lloyd
Khaner Lloyd's Wall of Worry remains relatively high, meaning now is the
time to look for stock market bargains.
The technical charts continue to dumbfound investors, while unwelcome world
events -- stunning inflation in India, ongoing unrest in the Middle East, and
massive power shortages in China -- are sending the jitters through global
markets. The Wall of Worry, therefore, remains relatively-high this week, at 19
blocks. For more on how to use this column as an investing tool, see "What
is Lloyd's Wall of Worry?" below. For a look at the the specific issues
making investors nervous right now,
keep reading.
Week of May 30 - June 3
Worry count: 19
QE II: My wife says, "What’s all the hubbub about the QE II? “It’s a
really lovely ship, with bingo on the Lido deck and lots of well dressed people
with cool accents from all over the world.” God, I love that woman! (Click here
for our ticking QE2 countdown clock.)
U.S. ECONOMY: From hero to zero in one quick month. Hey, June, can you throw us
a bone here?
UNEMPLOYMENT: Job Creation Plan: Hire people to go out and count all the houses
that are for sale, are in foreclosure, are empty and are inhabited by non-human
animals. Not a perfect plan I admit, but give me cred for its original, unique,
and entirely hare-brained nature.
U.S. DEBT CEILING: The latest in a long list of political footballs. This time
each side is just punting the ball back and forth without any real effort to
score. For the first
time in head-to-head competitive history, both teams may find a way to lose.
INVESTOR SENTIMENT: Call it a Dickens Market -- it was the best of times and
now it’s nearly the worst of times as extreme bullish sentiment becomes
extremely bearish in just a week or so.
HOUSING CRISIS: A recent government press release says it will take 9.2 months
to sell all the homes on the market right now. Of course, the specific
year/decade those 9.2 months will fall into the release didn’t specify.
INFLATION: India, strong in many ways but not known to be No. 1 in any one
economic sector -- until now. It has just landed the coveted top spot as the
Asian economy with the highest inflation, fueled by a estimated salary increase
of 13% in 2011. अचà¥à¤›à¤¾ दà¥: ख! That’s “good grief!” in Hindi.
STOCK MARKET TECHNICALS: Went to one of those Spiritual Readers and Advisors to
get the answer to this technical mayhem and was next in to meet with “Wilomena
of Wall Street” when my appointment got canceled. She picked up 1,000 LinkedIn (LNKD) IPO
shares and flipped them, thus declaring huge profits and retirement. The market
mystery continues…
FLOODS, TORNADOES, VOLCANOES: Well, we made it through The Rapture and we have
a good year and a half until Mayan 2012 hits, but in the meantime Mother Nature
is reminding us that she is and always has been the real deal.
OIL PRICES: Coming off the boil and therefore unlikely to do the damage of a
full-on “oil shock”. Kind of like setting the cattle prod on 7 rather than 10.
You get the full behavioral effect plus you live to share your experience with
the rest of the herd.
ARAB SPRING: Don’t look now but spring is about to turn into summer. Summer can
be warm, sunny and bright, or hot and blazing with fight. As the Zen Master
says, “We’ll see.”
LIBYA: More top officials leaving -- this time it's the chair of Libya's state
oil company. Could be a real sign of trouble for Mo-Mo, or maybe the oil chief
is taking a cue from America's CEOs and "spending more time with
family."
JAPAN: Back into recession, back on the ropes. "It's about
how hard you can get it and keep moving forward. How much you can take and keep
moving forward." For what it’s worth, my money’s on Japan moving
forward again.
CHINA: Starting to limit power usage at manufacturers as the hydro and coal
situation is a bit tight in the land of endless growth. Sounds a little scary
for the GDP, but put a “China Going Green” spin on it and no one will notice.
RING OF FIRE + SPAIN + TURKEY: This earthquake thing is spreading in strange
ways. Not the good spread like hot fudge over a sundae, more like that hiking
rash you get when going off trail in your shorts.
CURRENCIES: The state of Utah officially legalizes gold and silver as currency.
Likely just a ruse to get people to buy, store, and borrow against gold in the
state. And likely to work very well.
SOVEREIGN DEBT: Another June, another class of American college grads moves
their tassels and hit the streets. Hottest graduation gift trending now:
One-Year Credit Default Swaps on U.S. Debt. Inspiring to them, I’m sure.
COMMODITIES: Modern economic employment options are varied and I ain’t
complaining, but seeing the parabolic moves in all things that grow in the
ground, well, "Green Acres is the place for me."
INTERNATIONAL MONETARY FUND: The world’s banker or a moveable feast? Or as we
say here in the U.S. “Animal House, Animal House.”
What is Lloyd's Wall of Worry?
by Lloyd
Khaner
Welcome to my at-a-glance guide to the issues facing investors this week -- a
unique tool for traders and money managers.
Typically the term "wall of worry,” refers to the entire body of concerns
influencing stock market action. When the wall is high, meaning the market is
nervous, stocks tend to get cheaper.
This wall of worry is even more specific. Every week I list the exact concerns
in the marketplace and use the list to help me make buying and selling
decisions. As I like to say, "Buy fear, sell cheer."
In other words, once the the wall rises above 15 blocks, start looking for
deals. If the dial sinks below 10, consider selling; prices
have likely peaked.
Click on the image below to view the interactive Wall of Worry page, which now
includes a QE2 countdown clock, ticking down the seconds until the this year's
quantitative easing measures come to a halt.
http://image.minyanville.com/assets/FCK_Jan2011/Image/Lila2/Wall.May31.jpg ‘
U.S.
Home Prices Drop To 2002 Levels, Ho-Hum Says Mr. Market Forbes [ Yeah
… they have to say ho-hum so that they’re not caught saying … duh! Shiller
Home Price Index comes in at 100% worse than expectations … and don’t forget,
that includes the dollar debasing realities which makes this report even more
dire. ]
S&P/Case-Shiller Home Price Indices http://www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/us/?indexId=spusa-cashpidff--p-us---- The S&P/Case-Shiller Home Price Indices
are the leading measures for the US residential housing market, tracking
changes in the value of residential real estate both nationally as well as in
20 metropolitan regions. The indices are calculated monthly and published with
a two month lag. New index levels are released at 9am Eastern Standard Time on
the last Tuesday of every month.
Latest Press Release
31-May-2011
09:00
Data
through March 2011, released today by Standard & Poor’s for its
S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home
prices, show that the U.S. National Home Price Index declined by 4.2% in the
first quarter of 2011...
* The S&P/Case-Shiller Home Price Indices are
calculated monthly using a three-month moving average and published with a two
month lag. New index levels are released at 9 am on the last Tuesday of every
month.
(data as of 31-May-2011)
Home Price Index Levels
Home Price Sales Pair Counts
U.S. National Index Levels
Home Price Tiered Index Levels
Condominium Index Levels
Condominium Sales Pair Counts
Key
Housing Indicators (Monthly)
The Latest
Indicators are usually updated by 2 pm on the last Tuesday of every month.
Index Announcements
National
Home Prices Hit New Low in 2011 Q1 According to the S&P/Case-Shiller Home
Price Indices
Data
through March 2011, released today by Standard & Poor’s for its
S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home
prices, show that the U.S. National Home Price Index declined by 4.2% in the
first quarter of 2011...
Home
Prices Edge Closer to 2009 Lows According to the S&P/Case-Shiller Home
Price Indices
Data
through February 2011, released today by Standard & Poor’s for its
S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home
prices, show prices for the 10- and 20-city composites are lower than a year
ago but still slightly above...
Home
Prices Off to a Dismal Start in 2011 According to the S&P/Case-Shiller Home
Price Indices
Data
through January 2011, released today by Standard & Poor’s for its
S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home
prices, show further deceleration in the annual growth rates in 13 of the 20
MSAs and the 10- and 20-City...
Index Research
S&P/Case-Shiller
Home Price Indices: 2010 A Year In Review
S&P/Case-Shiller
Home Price Indices and Seasonal Adjustment
S&P/Case-Shiller
Home Price Indices: 2009 A Year In Review
NATIONAL HOME PRICES HIT NEW LOW IN 2011 Q1
According to the S&P/Case-Shiller Home Price
Indices
New York, May 31, 2011 – Data through March 2011, released today
by Standard & Poor’s for its
S&P/Case-Shiller1 Home Price Indices, the
leading measure of U.S. home prices, show that the U.S.
National Home Price Index declined by 4.2% in the first quarter of
2011, after having fallen 3.6% in the
fourth quarter of 2010. The National Index hit a new recession low
with the first quarter’s data and
posted an annual decline of 5.1% versus the first quarter of 2010.
Nationally, home prices are back to
their mid-2002 levels.
As of March 2011, 19 of the 20 MSAs covered by
S&P/Case-Shiller Home Price Indices and both
monthly composites were down compared to March 2010. Twelve of the
20 MSAs and the 20-City
Composite also posted new index lows in March. With an index value
of 138.16, the 20-City Composite
fell below its earlier reported April 2009 low of 139.26.
Minneapolis posted a double-digit 10.0% annual
decline, the first market to be back in this territory since March
2010 when Las Vegas was down 12.0%
on an annual basis. In the midst of all these falling prices and
record lows, Washington DC was the only
city where home prices increased on both a monthly (+1.1%) and
annual (+4.3%) basis. Seattle was up a
modest 0.1% for the month, but still down 7.5% versus March 2010.
1 Case-Shiller®
and Case-Shiller Indexes®
are registered trademarks of Fiserv, Inc.
The chart on the previous page depicts the annual returns of the
U.S. National, the 10-City Composite
and the 20-City Composite Home Price Indices. The
S&P/Case-Shiller U.S. National Home Price Index,
which covers all nine U.S. census divisions, recorded a 5.1%
decline in the first quarter of 2011 over the
first quarter of 2010. In March, the 10- and 20-City Composites
posted annual rates of decline of 2.9%
and 3.6%, respectively. Thirteen of the 20 MSAs and both monthly
Composites saw their annual growth
rates fall deeper into negative territory in March. While they did
not worsen, Chicago, Phoenix and
Seattle saw no improvement in their respective annual rates.
“This month’s report is marked by the confirmation of a double-dip
in home prices across much of the
nation. The National Index, the 20-City Composite and 12 MSAs all
hit new lows with data reported
through March 2011. The National Index fell 4.2% over the first
quarter alone, and is down 5.1%
compared to its year-ago level. Home prices continue on their
downward spiral with no relief in sight.”
says David M. Blitzer, Chairman of the Index Committee at S&P
Indices. “Since December 2010, we
have found an increasing number of markets posting new lows. In
March 2011, 12 cities - Atlanta,
Charlotte, Chicago, Cleveland, Detroit, Las Vegas, Miami,
Minneapolis, New York, Phoenix, Portland
(OR) and Tampa - fell to their lowest levels as measured by the
current housing cycle. Washington D.C.
was the only MSA displaying positive trends with an annual growth
rate of +4.3% and a 1.1% increase
from its February level.
“The rebound in prices seen in 2009 and 2010 was largely due to
the first-time home buyers tax credit.
Excluding the results of that policy, there has been no recovery
or even stabilization in home prices
during or after the recent recession. Further, while last year saw
signs of an economic recovery, the most
recent data do not point to renewed gains.
“Looking deeper into the monthly data, 18 MSAs and both Composites
were down in March over
February. The only two which weren’t, are Washington DC, up 1.1%,
and Seattle, up 0.1%. Atlanta,
Cleveland, Detroit and Las Vegas are the markets where average
home prices are now below their
January 2000 levels. With a March index level of 100.27, Phoenix
is not far off.”
S&P/Case-Shiller U.S. National Home Price
Index
[chart]
US National, index level (left)
US National, %chya (right)
Nationally, home prices are back
to their mid-2002 levels
Record low decline of 18.9% in
2009Q1 (solid line)
National
index hits
new low in
2011Q1
(dotted line)
Source: Standard & Poor's and Fiserv
2011 Q1 2011 Q1/2010 Q4 2010 Q4/2010 Q3
Level Change (%) Change (%) 1-Year Change (%)
U.S. National Index 125.41 -4.2% -3.6% -5.1%
March
2011 March/February February/January
METROPOLITAN AREA LEVEL CHANGE (%) CHANGE (%)
1-YEAR CHANGE (%)
ATLANTA 98.36 -1.9%
-0.1% -5.2%
BOSTON 147.36 -1.7%
-1.5% -2.7%
CHARLOTTE 106.96 -2.4%
-1.3% -6.8%
CHICAGO 110.57 -2.4%
-2.2% -7.6%
CLEVELAND 96.80 -1.8%
-0.7% -6.3%
DALLAS 112.89 -0.8%
-0.2% -2.5%
DENVER 120.55 -0.6%
-1.2% -3.8%
DETROIT 67.07 -2.0%
0.8% -0.9%
LAS VEGAS 97.18 -1.1% -1.0% -5.3%
LOS ANGELES 167.77 -0.3% -1.0% -1.7%
MIAMI 137.28 -0.8%
-2.0% -6.1%
MINNEAPOLIS 105.57 -3.7%
-3.3% -10.0%
NEW YORK 163.50
-0.9% -0.6% -3.4%
PHOENIX
100.27 -0.5% -0.7% -8.4%
PORTLAND 132.67 -0.7%
-1.6% -7.6%
SAN DIEGO 153.88 -0.8%
-1.3% -4.0%
SAN FRANCISCO 129.82 -0.1%
-2.6% -5.1%
SEATTLE 132.97 0.1% -1.9%
-7.5%
TAMPA
127.08 -0.7% -0.8% -6.9%
WASHINGTON
182.98 1.1% -0.3% 4.3%
COMPOSITE-10 151.66 -0.6%
-1.2% -2.9%
COMPOSITE-20 138.16 -0.8%
-1.1% -3.6%
Source: Standard & Poor's and Fiserv
Data through March 2011
The chart on the previous page shows the index levels for the U.S.
National Home Price Index, as well as
its annual returns. As of the first quarter of 2011, average home
prices across the United States are back
at their mid-2002 levels. The National Index level hit a new low
in the first quarter of 2011; it fell by
4.2% in the first quarter of 2011 and is 5.1% below its 2010Q1
level.
Eleven cities and both Composites have posted at least eight
consecutive months of negative month-overmonth
returns. Of these, eight cities are down 1% or more. The only
cities to post positive improvements
in March versus their February levels are Seattle and Washington
D.C. with monthly returns of +0.1%
and +1.1% respectively.
The table below summarizes the results for March 2011. The
S&P/Case-Shiller Home Price Indices are
revised for the 24 prior months, based on the receipt of
additional source data. More than 23 years of
history for these data series is available, and can be accessed in
full by going to
www.homeprice.standardandpoors.com
Since its launch in early 2006, the S&P/Case-Shiller Home
Price Indices have published, and the markets
have followed and reported on, the non-seasonally adjusted data
set used in the headline indices. For
analytical purposes, Standard & Poor’s does publish a
seasonally adjusted data set covered in the
headline indices, as well as for the 17 of 20 markets with tiered
price indices and the five condo markets
that are tracked.
A summary of the monthly changes using the seasonally adjusted
(SA) and non-seasonally adjusted
(NSA) data can be found in the table below.
NSA SA NSA SA
US National -4.2%
-1.9% -3.6% -1.8%
Metropolitan Area NSA SA NSA SA
Atlanta -1.9% -1.2% -0.1%
0.6%
Boston -1.7% -0.9% -1.5%
-0.7%
Charlotte -2.4% -2.6% -1.3%
-0.8%
Chicago -2.4% -0.8% -2.2%
-0.7%
Cleveland
-1.8% -1.3% -0.7% 0.6%
Dallas -0.8% -0.8% -0.2%
0.3%
Denver -0.6% -0.3% -1.2%
-0.5%
Detroit -2.0% -0.7% 0.8%
1.8%
Las Vegas -1.1% -0.6% -1.0%
-0.4%
Los Angeles -0.3%
0.1% -1.0% -0.1%
Miami -0.8% 0.3% -2.0% -1.5%
Minneapolis -3.7%
-2.5% -3.3% -1.5%
New
York -0.9% -0.1% -0.6% -0.2%
Phoenix -0.5% 0.1% -0.7%
0.1%
Portland -0.7% -0.4% -1.6%
-0.8%
San Diego -0.8% -0.9% -1.3%
-0.8%
San Francisco -0.1%
0.5% -2.6% -1.6%
Seattle 0.1% 0.2% -1.9%
-1.7%
Tampa -0.7% 0.0% -0.8% -0.1%
Washington 1.1% 1.2% -0.3%
0.5%
Composite-10 -0.6% -0.1%
-1.2% -0.3%
Composite-20 -0.8% -0.2%
-1.1% -0.2%
Source: Standard & Poor's and Fiserv
Data
through March 2011
March/February Change (%) February/January
Change (%)
2011 Q1/2010 Q4 2010 Q4/2010 Q3
S&P Indices has introduced a new blog called HousingViews.com.
This interactive blog delivers realtime
commentary and analysis from across the Standard & Poor’s
organization on a wide-range of topics
impacting residential home prices, homebuilding and mortgage
financing in the United States. Readers
and viewers can visit the blog at www.housingviews.com, where feedback and
commentary is certainly
welcomed and encouraged.
The S&P/Case-Shiller Home Price Indices are published on the
last Tuesday of each month at 9:00 am
ET. They are constructed to accurately track the price path of
typical single-family homes located in each
metropolitan area provided. Each index combines matched price
pairs for thousands of individual houses
from the available universe of arms-length sales data. The
S&P/Case-Shiller National U.S. Home Price
Index tracks the value of single-family housing within the United
States. The index is a composite of
single-family home price indices for the nine U.S. Census
divisions and is calculated quarterly. The
S&P/Case-Shiller Composite of 10 Home Price Index is a
value-weighted average of the 10 original
metro area indices. The S&P/Case-Shiller Composite of 20 Home
Price Index is a value-weighted
average of the 20 metro area indices. The indices have a base
value of 100 in January 2000; thus, for
example, a current index value of 150 translates to a 50%
appreciation rate since January 2000 for a
typical home located within the subject market.
These indices are generated and published under agreements between
Standard & Poor’s and Fiserv, Inc.
The S&P/Case-Shiller Home Price Indices are produced by
Fiserv, Inc. In addition to the S&P/Case-
Shiller Home Price Indices, Fiserv also offers home price index
sets covering thousands of zip codes,
counties, metro areas, and state markets. The indices, published
by Standard & Poor's, represent just a
small subset of the broader data available through Fiserv.
For more information about S&P Indices, please visit www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, the world’s leading index provider, maintains a
wide variety of investable and benchmark
indices to meet an array of investor needs. Over $1.25 trillion is
directly indexed to Standard & Poor's
family of indices, which includes the S&P 500, the world's
most followed stock market index, the
S&P/Case-Shiller Home Price Indices, the leading measure of
U.S. home prices, the S&P Global BMI, an
index with approximately 11,000 constituents, the S&P GSCI,
the industry's most closely watched
commodities index, and the S&P National AMT-Free Municipal
Bond Index, the premier investable index
for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.
Standard & Poor’s does not sponsor,
endorse, sell or promote any S&P index-based investment product.
For more information:
David R. Guarino
Standard & Poor’s
Communications
212-438-1471
David Blitzer
Standard & Poor’s
Chairman of the Index Committee
212-438-3907
Wall
Street 'Vastly Underestimating' Risk of Debt Default Forbes / Robert Lenzner StreetTalk ‘ “Meet the Press”
climaxed Sunday with a startling market prognostication from David
Brooks, conservative columnist for the NY
Times. The risk of a debt default over the combustible issue of the
Medicare deficit hangs over the course of the stock market. Buyers Beware!“I
was up in Wall Street this week,” Brooks said. “They’re vastly
underestimating the source of piolitical risk here. We could have a major
problem, I think, either this summer or the next couple years. And I’d be
worried about investing too much in the market. That’s my financial advice.”I
have to admit Brooks woke me up. I had blithely been assuming a deal to raise
the debt limit would get resolved at the last minute–the classic American way.
But, the showdown between Republican cutters and Democrat defenders of Medicare
may a lot more treacherous a path than I anticipated.And the potential deep
cuts underscore what I mentioined in my “Market’s
Wall of Worry” post yesterday about the prospects of the Income line
of the GDP being reduced by necessity. Cut Medicare and lerss money will
be spent on health care, less money on medical instruments, less money on
drugs, on pills, on doctotrs visits.Less money on healthcare means less money
circulating and so less tax revenue. It’s a future scenario few of us
want to contemplate. A runup to possible default will not be positive for the
stock market. Even if dfefault is avoided then, the notion that Wall
Street doesn’t get the crisis measns there’s too much denial of reality in
stock prices. I’m with David Brooks.’
TEMPLETON
chairman: Financial Crisis 'Around Corner'... By Kana
Nishizawa / Bloomberg - May 30, 2011 ‘ Mark
Mobius, executive chairman of Templeton Asset Management’s emerging markets
group, said another financial crisis is inevitable because the causes of the
previous one haven’t been resolved. “There is definitely going to be another
financial crisis around the corner because we haven’t solved any of the things
that caused the previous crisis,” Mobius said at the Foreign Correspondents’
Club of Japan in Tokyo today
in response to a question about price swings. “Are the derivatives regulated?
No. Are you still getting growth in derivatives? Yes.” The total value of
derivatives in the world exceeds total global gross domestic product by a
factor of 10, said Mobius, who oversees more than $50 billion. With that volume
of bets in different directions, volatility and equity market crises will
occur, he said. The global financial crisis three years ago was caused in part
by the proliferation of derivative products tied to U.S. home loans that ceased
performing, triggering hundreds of billions of dollars in writedowns and
leading to the collapse of Lehman Brothers Holdings Inc. in September 2008. The
MSCI AC World Index of developed and emerging market stocks tumbled 46 percent
between Lehman’s downfall and the market bottom on March 9, 2009. “With every
crisis comes great opportunity,” said Mobius. When markets are crashing,
“that’s when we’re going to be able to invest and do a good job,” he said. The
freezing of global credit markets caused governments from Washington to Beijing to London to pump more than $3
trillion into the financial system to shore up the global economy. The MSCI AC
World gauge surged 99 percent from its March 2009 low through May 27.
‘Too Big to Fail’
The largest U.S. banks have grown larger since the
financial crisis, and the number of “too-big-to-fail” banks will increase by 40
percent over the next 15 years, according to data compiled by Bloomberg.
Separately, higher capital
requirements and greater supervision should be imposed on institutions
deemed “too important to fail” to reduce the chances of
large-scale failures, staff at the International
Monetary Fund warned in a report on May 27. “Are the banks bigger than they
were before? They’re bigger,” Mobius said. “Too big to fail.” The money manager had earlier
said at the same event that Africa
has an “incredible” investment potential and that he has stakes in Nigerian
banks.
“These banks are doing very well and are much better
regulated than they were in the past,” Mobius said, without disclosing which
lenders he holds. Banks account for five of the eight stocks in the MSCI
Nigeria (MXNI) Index. Guaranty Trust Bank Plc, the country’s No. 2 lender
by market value, surged 31 percent in the six months through May 27, according
to data compiled by Bloomberg. Shares of Access Bank Nigeria Plc recorded the
second-biggest decline on the gauge in the period, the data show.
To contact the reporter on this story: Kana Nishizawa
in Tokyo at [email protected]
To contact the editor responsible for this story:
Nick Gentle at [email protected] ‘
U.S.
Home Prices Drop To 2002 Levels, Ho-Hum Says Mr. Market Forbes Steve Schaefer ‘Wall Street
appears to have already priced in the latest batch of feeble data from the
housing market, with the major indexes opening sharply higher despite a weak
reading from the March
S&P/Case-Shiller index.
The 20-city
index was down 3.6% from a year ago in March, marking “the confirmation of a
double-dip in home prices across much of the nation,” said David Blitzer,
chairman of the index committee at S&P Indices. “Home prices continue on
their downward spiral with no relief in sight.”
For the first
quarter, average prices were down 4.2%, after dropping 3.6% over the last three
months of 2010. The drop back into a double-dip, which has been anticipated for
months, comes as the housing market continues to give back the gains built up
during a debt-fueled bubble that saw an unprecedented surge in prices until the
subprime meltdown signaled the first cracks in the dam a few years ago.
While the
housing market is contributing little, if anything, to the sluggish U.S.
economic recovery, the stock market appears reconciled to that fact, mostly
because it has been
telegraphed for months. Despite the soft reading from the
S&P/Case-Shiller index Tuesday, major equity indexes returned from the
Memorial Day break with a vengeance.
In the first
five minutes of trading the Dow Jones industrial average was up 121 points at
12,563. All 30 blue-chip components were in the green including Home Depot, up 0.5%, which has faced challenges in recent
years as its core business operates at the intersection of housing and consumer
spending.
The S&P
500 gained 13 points to 1,344, while the Nasdaq added 29 points to 2,826. Among
the few big losers in early trading was Nokia, down 13% after cutting its
earnings outlook for the second quarter and full fiscal year. (See “Nokia
Sees Q2 Worse Than Expected.”)’
Another
Financial Crisis Is On The Way, Mobius Says at Forbes Halah
Touryalai Working Capital ‘ ‘Warren
Buffett called them weapons of mass destruction. Now those same products,
known as derivatives, are pushing the world closer to another financial crisis. That’s according to Mark Mobius,
executive chairman of Templeton Asset Management’s emerging markets group.
Mobius, who over sees more than $50 billion in assets, says another financial
crisis is “around the corner” because little has changed since recent collapse
of the markets.
“There is
definitely going to be another financial crisis around the corner because we
haven’t solved any of the things that caused the previous crisis. Are the
derivatives regulated? No. Are you still getting growth in derivatives? Yes.”
That was his
response to a question about price swings at the Foreign Correspondents’ Club
of Japan in Tokyo today, according
to Bloomberg.
Derivatives
are financial instruments whose value is based on some underlying asset, like a
mortgage for instance, and and can be used to either hedge risk or for
completely speculative positions. There are all kinds of derivatives investors
can invest in or against including something called the death
derivative where, you guessed it, investors bet on people’s deaths.
The most
infamous derivatives are the ones tied to residential mortgages and which led
to the demise of the financial system back in 2008. When homeowners began
defaulting on their mortgages the affect was nearly detrimental to all the
financial institutions that shared the risk through these exotic derivatives.
An IMF
report from 2010 puts it this way:
Over-the-counter
(OTC) derivatives markets have grown considerably in recent years, with total
notional outstanding amounts exceeding $600 trillion at the end of June 2009
(Figure 3.1). During the financial crisis, the credit default swap (CDS)
market, a part of the OTC derivatives market, took center stage as difficulties
in financial markets began to intensify and the counterparty risk involved in a
largely bilaterally cleared market became apparent. Authorities had to make
expensive decisions regarding Lehman Brothers and AIG based on only partially
informed views.
In fact, the
derivatives battle at Lehman Brothers is still waging on with the
counter-parties in Lehman Brothers derivatives trades still looking to get paid
for their bets. Bankrupt Lehman has been in talks for over a year with about a
dozen big-bank counter-parties about the value of the their claims.
Meanwhile, Mobius says the derivatives market today
is still so rife with bets made in different directions that major volatility
is inevitable and the equity markets will suffer. He said the total value of
derivatives in the world exceeds total global gross domestic product by a
factor of 10, according to the Bloomberg report.
The derivatives market is one that regulators are
attempting to reform right now with new rules scheduled to be implemented this
year. The new rules would require more disclosure and transparency.
But like in other attempts at regulating lucrative
lines of business regulators are facing resistance from Wall Street friendly
lawmakers looking to extend the deadline.
Last week, U.S. Rep. Spencer Bachus co-sponsored a
bill that would approve a measure to delay the implementation of to September
2012. The legislation to delay the implementation of rules was passed last week
with Bachus saying the move was neccessary to “restore order to the Dodd-Frank
Act derivatives rulemaking process.” ‘
STOCKS
HAVE BIG RALLY AFTER PILES OF UGLY NEWS: Here's What You need To Know Business Insider , Tuesday May 31, 2011 ‘Anyone of the bearish persuasion is pulling
their hair out right now.
But first, the
scoreboard:
Dow: +123.59
NASDAQ: +36.20
S&P 500: +13.12
And now, the
top stories:
- Without a doubt, the #1 story of the moment is
the situation in Greece, a story that's now more than a year old. Over the
weekend, it emerged that the "Troika" (ECB, IMF, EU) were close to a deal, though nothing is signed yet.
Nonetheless, the euro surged, and European markets wen nuts.
- (Asian markets also had a really big day,
despite Moody's warning about Japanese debt, and ongoing concerns about
China.)
- By the time the US morning came around, it was
all risk-on all the time.
- But then lots of bad news came. At 9:00 AM
Case-Shiller showed a sharper than expected fall in home prices in March. Then Chicago PMI came in bad. Then Consumer Sentiment was ugly. Then the Dallas Fed Index dipped into negative territory. The
slowdown in the economy is clearly confirmed.
- And although this did cause the marke to pull
back, it was obvious that nothing was ever in doubt in terms of the rally,
which ended up being huge. There are all kinds explanations, though the
simplest is that for now earnings are now holding up, and that's what
counts.
- There really wasn't too much on the corporate
front with earnings season now officially in the big. Apple shares rose on
confirmation that Steve Jobs will appear at the WWDC.
Nokia shares got KILLED after the handset maker lowered its outlook.
Generally, energy was extremely strong all day, as well. Oh, and bonds had
a nice day, continuing to pulverize the shorts.
Greece:
Behold the Default Spiral at The Wall
Street Journal Matt
Phillips ‘Guy LeBas, chief fixed income strategist at Janney Capital Markets,
tossed this chart into a research note he published today on the possibilities
that the Greece situation could develop into a full-blown European contagion.
He writes:
Greece is in the
midst of a classic default spiral, one of the great paradoxes of the financial
markets. In its simplest form, a debt spiral begins when an issuer, be it a
corporation, municipality, or country faces an upcoming obligation which it
needs to refinance. If the markets deem that issuer to be a poor credit risk,
that issuer’s cost of selling new debt to pay off its upcoming obligation
rises, increasing expenses and further impairing credit quality.
If this cycle
raises financing costs to unsustainable levels, say 24 – 25%, it becomes wholly
impossible for the issuer to pay off upcoming obligations by issuing new ones,
hence ensuring a default and earning the name debt or default spiral. As a
default spiral is a self-sustaining game, the only way for an issuer to solve a
default spiral is by breaking the rules of the game, namely via obtaining
external assistance (being acquired, or, in our example, obtaining low cost
loans from other governments) or by defaulting. The only way that the first
option, obtaining support, can work is if that support somehow restores
confidence in the spiraling issuer.
[chart http://s.wsj.net/public/resources/images/OB-OC823_Greece_F_20110531145045.jpg ]
Faith In U.S. Dollars And U.S. Debt Is Dead
The Game Is Over Michael Snyder
| A day is coming when the rest of the world will decide that it no longer has
faith in U.S. dollars or in U.S. debt.
Eleven
million low and middle-income workers’ pay will ‘flatline’ Mail Online | The average wage taken
home by 11 million British workers will remain ‘roughly the same’ until at
least 2015.
Memorial
Day BBQ will cost you 29% more this year thanks to inflation Mail Online | Those thinking of
hosting a BBQ – even a modest one – can expect to fork out an extra $45 on food
to serve a dozen guests.
Uranium
Stocks Under Siege as Fukushima Continues Spewing Radiation James West | There will be a
persistent chorus of uranium investors who have an audience in the media
proclaiming uranium to be the ‘contrarian trade of the decade’.
What Would
Fractional Silver Mean? Jimm Motyka
| I believe that fractional silver is not going to be a trend, but will be the
rule in the coming year.
When
Faith In U.S. Dollars And U.S. Debt Is Dead The Game Is Over Michael Snyder | A day is coming when
the rest of the world will decide that it no longer has faith in U.S. dollars
or in U.S. debt.
Save Us From The
Tyranny Of Bankers We hope all of our appearances on Greek TV, radio and in
the press have helped the educational process and to allow the Greeks to
identify who the real culprits are, and what to do about it.
More
Political Capture: Goldman Hires Top Republican Fed Transparency Foe; Spends
More Time With SEC Than Any Other Bank So for all those hoping for change
to Wall Street’s criminal practices, the focus should first be on changing
those in both the legislative and regulatory bodies who not only allow, but
actively encourage this kind of behavior.
A 62% Top Tax Rate? Democrats
have said they only intend to restore the tax rates that existed during the
Clinton years. In reality they’re proposing rates like those under President
Carter.
The
Economic Death Spiral Has Been Triggered For nearly 30 years we have had
two Global Strategies working in a symbiotic fashion that has created a
virtuous economic growth spiral. Unfortunately, the economic underpinnings were
flawed and as a consequence, the virtuous cycle has ended. It is now in the
process of reversing and becoming a vicious downward economic spiral.
Utah
Law Makes Coins Worth Their Weight in Gold (or Silver) Utah has passed a
law intended to encourage residents to use gold or silver coins made by the
Mint as cash, but with their value based on the weight of the precious metals
in them, not the face value — if, that is, they can find a merchant willing to
accept the coins on that basis.
Markets
Fret About Euro ‘Slow-Motion Car Crash’ Reports that Greece has not met any
of the fiscal targets set by the International Monetary Fund (IMF) and the
European Union (EU) as part of its 110 billion euros ($157 billion) bailout
knocked down the euro Monday, as other countries in the euro zone are
threatened with being dragged into the Greek morass.
Inflation
2011: Honey – They Shrunk Our Paychecks Do you ever have the feeling that
there are holes in your pockets? These days our money seems to slip through our
hands faster than ever.
The
Greek “Ultimatum”: Bailout (For The Bankers) And (Loss Of) Sovereignty So
after one year of beating around the bush, it is finally made clear that, as
many were expecting all along, the ultimate goal of the Greek “bailouts” is
nothing short of the state’s (partial for now) annexation by Europe.
GOLDMAN SACHS: $5 gas this
summer...
U.S.
home price index falls to double-dip in March Chicago Tribune | National home
prices hit a new low in March, giving credence to long-simmering worries about
a double dip in the housing market.
Uranium
Stocks Under Siege as Fukushima Continues Spewing Radiation James West | There will be a
persistent chorus of uranium investors who have an audience in the media
proclaiming uranium to be the ‘contrarian trade of the decade’.
What Would
Fractional Silver Mean? Jimm Motyka
| I believe that fractional silver is not going to be a trend, but will be the
rule in the coming year.
Debt
Ceiling Tragicomedy Resumes: On Today’s Symbolic, And Doomed, $2.4 Trillion
Debt Ceiling Vote Today at 7:00 pm the House will hold a very symbolic vote
on a $2.4 trillion debt ceiling increase. Symbolic because it is doomed from
the beginning as every single republican will vote no.
Despite
Preemptive Gold Margin Hike In Shanghai, Gold Is Poised To Close May Near
Record On Sovereign Risk Worries After a near epic margin driven collapse
in silver, which appears to have been largely forgotten as the metal has
resumed it upward climb, it is gold which has once again regained the crown in
the fiat substitute race.
No
cash to pay your debts? We’ll take your gold, Greece! This week Max Keiser
and co-host, Stacy Herbert, report on the oil traders puking on markets and the
gold confiscators eyeing Greece, Portugal, Spain and Italy. In the second half
of the show, Max talks to former chief forex trader for VISA, Jon Matonis of
TheMonetaryFuture.blogspot.com, about Bitcoin, the new peer-to-peer
crypto-currency.
Extreme
Couponing: Desperate Economic Times Call For Desperate Measures Even in the
midst of a horrific economic decline, there are tools that all of us can use to
make the most of our limited resources.
National
/ World
WHO Lists Cell
Phones as Cancer Hazard The United Nations’ health agency, the World Health
Organization, now lists mobile phone use in the same “carcinogenic hazard”
category as lead, engine exhaust and chloroform.
Texas
Lt. Gov. Dewhurst Calls for Special Session Texas Lt. Gov. David Dewhurst,
who played a pivotal role in sabotaging a bill that would have criminalized TSA
groping in the state’s airports, has written a letter to Gov. Rick Perry asking
for a special session.
Nanny
State Betrays Decline and Fall of America Two more ridiculous examples of
the nanny state kicking into high gear add to the overwhelming weight of
evidence indicating that America is in a state of terminal decline, with an
overtly authoritarian big government enforcing a command and control system at
every level of society.
Ron
Paul: We Are Enabling A Future American Dictatorship 2012 Presidential
candidate Ron Paul has warned that a lack of oversight from Congress, the media
and the American people is enabling the rise of a dictatorship in the US.
Pentagon
Declares War On Cyber Enemies The Pentagon has announced that computer
intrusions from abroad are to be considered acts of war against the United
States and will be answered with conventional military force.
Cyber
warfare: Britain developing ‘virtual weapons’ to combat hacker threat A
cyber-weapons programme to counter growing threats to national security from
cyberspace is being developed by the Government, it emerged today.
Gaddafi
appears on Libyan state television with South Africa leader Zuma South
African President Jacob Zuma has appeared on television in Libya to say Muammar
Gaddafi’s is open to a truce.
Afghan
leader warns NATO not to become ‘occupying force’ President Hamid Karzai
warned NATO-led forces in Afghanistan on Tuesday they were at risk of being
seen as an occupying force rather than an ally after a spate of civilian
casualties, and said he would take unspecified “action” if they continue.
Footage
of Western Troops Confirms Criminality of War on Libya Proof that armed
western forces are on the ground in Libya advising rebels confirms that the
entire legal premise behind the NATO-led intervention has been shattered and
the campaign is now a criminal act of warfare that has nothing whatsoever to do
with the original justification of protecting civilians.
40
Signs The Chinese Economy Is Beating The Living Daylights Out Of The U.S.
Economy It is time to face the truth. The Chinese economy is simply beating
the living daylights out of the U.S. economy. Whether you want to call it a
rout, a slaughter or a thrashing, the reality is that the Chinese are
absolutely embarrassing America on the global economic stage.
Western
Troops Disguised as Arabs Witnessed on the Ground In Libya Armed westerners
have been filmed on the front line with rebels near Misrata in the first
apparent confirmation that foreign special forces are playing an active role in
the Libyan conflict.
Former
Head Of CIA Bin Laden Unit: “Main Recruitment Sergeant For Al Qaida Is Barack
Obama” Ex CIA intelligence officer turned whistleblower and activist,
Michael Scheuer, has launched a blistering attack on the political
establishment, over its handing of the so called war on terror, asserting that
the entire rationale behind it is based on outright lies and deception.
Texas Lt. Gov. Dewhurst Does About Face, Calls for
Special Session Kurt Nimmo
| Dewhurst worked with the feds to get a bill defeated that would have
prevented TSA groping.
WHO Lists Cell Phones as Cancer Hazard Kurt Nimmo | Studies into cell phones
established link between long term use and brain tumors.
Nanny State Betrays Decline and Fall of America Paul Joseph Watson | Firework ban,
tree ordinance latest examples of rampant authoritarian assault on all levels
of society
New Mexico Supreme Court Lets Cops Grab Guns During Stops
theNewspaper.com
| Police officers in New Mexico can take guns away from drivers who pose no
threat.
Pentagon Declares War On Cyber Enemies Kurt Nimmo | Pentagon rolls out
public relations effort as it prepares to attack official cyber enemies.
U.S.
Military Personnel, Veterans Give Obama Lower Marks U.S. military veterans
and those currently on active military duty are less likely to approve of
President Obama’s job performance than are Americans of comparable ages who are
not in the military.
Stop
Obama’s Unconstitutional Power Grab! The Congressman sounds off on the
blatant violation of war powers by the Obama administration.
Downgraded
Typhoon Poised to Spread Fukushima Radiation Once again, TEPCO, the utility
company responsible for the Fukushima disaster, is ill-prepared to protect the
people of Japan.
High
radioactivity found in Japan nuclear workers Two workers from Japan’s
stricken Fukushima nuclear plant have been contaminated by high levels of
radioactive iodine, the operator said Monday, prompting fears over their
long-term health.
Britain
steps up mind games against Muammar Gaddafi Britain has stepped up the
psychological and military pressure on Muammar Gaddafi by claiming his
departure is inevitable as it prepares to deploy bunker busting bombs,
helicopters and to introduce regular daytime air raids on Tripoli.
Big
Sis Pre-Crime System to Scan Americans For “Malintent” Chilling technology
straight out of Minority Report that would subject Americans to pre-crime
interrogations and physiological scans to detect “malintent” at sports
stadiums, malls, airports and other public places has moved closer to being
implemented after Homeland Security’s FAST program passed its first round of
testing.
Corporate
Media Attacks Alex Jones, Defends TSA Perverts Following a successful rally
on the capitol in Austin last week to protest a decision by lawmakers to back
down on a bill to stop TSA molestation, apologists for a tyrannical state are
coming out of the woodwork in defense of goons sticking their hands down the
pants of six year old kids.
Afghanistan’s
Karzai gives U.S. final warning: stop killing civilians Afghan President
Hamid Karzai called on the US military on Sunday to avoid operations that kill
civilians, saying it was his “last warning” to Washington after 14 people
allegedly died in an air strike.
Corporate Media Attacks Alex Jones, Defends TSA Perverts Kurt Nimmo | Fort Worth op-ed writer
supports the state and its pathological insistence it must grab the testicles
of children.
On
Memorial Day: Remember Roger
Young | An alternative view of Memorial Day.
Anatomy of a Murder: How NATO Killed Qaddafi Family
Members Cynthia McKinney
| Please don’t allow special interest press and war mongering gatekeepers of
the left to blot out the tragedy unfolding in Libya.
Silent Dancing Protesters Arrested at Jefferson Memorial DCist | Tackled and roughed up by
cops for daring to practice the First Amendment.
Save Us From The Tyranny Of Bankers Bob Chapman | There has been no
recovery under either QE1 or QE2.
From Bush to
Obama, the snooping goes on Two Democratic senators, Ron Wyden of Oregon
and Mark Udall of Colorado, have accused the Obama administration of using
Section 215 for purposes not intended by Congress.
Obama
Pledges to Continue War Against Libya During Globalist Confab Appearing at
the globalist confab in the French resort of Deauville, Obama said on Friday
the U.S. and NATO will not rest until they “finish the job’ in Libya.
RAF
to use ‘bunker busting’ bombs on Gaddafi as Nato airstrikes rock Libyan capital
for fifth night in a row RAF pilots are to use 2,000 lb ‘bunker-busting’
bombs to destroy Libyan leader Colonel Gaddafi’s key command centres.
The
Fake ICC & the Globalist Strategy of Tension Russia’s President
Medvedev, according to the Australian, has “endorsed calls for Colonel Gaddafi
to leave office and offered to help to negotiate his exit. ” It is a move that
has “surprised and delighted” both London and Washington after Russia’s initial
protest against the extralegal military action that was executed upon an Iraq
War-style pack of lies.
Cooling
system stops at No.5 reactor in Fukushima Cooling system at a reactor of
the crippled Fukushima No.1 nuclear power plant stopped from Saturday, the
plant’s operator said Sunday.
Radioactive
materials found off Miyagi and Ibaraki Japan’s science ministry has
detected extraordinarily high levels of radioactive cesium in seafloor samples
collected off Miyagi and Ibaraki Prefectures.
Texans
Revolt Against TSA Tyranny, Storm Capitol Exclusive footage of the Texas
Capitol takeover Wednesday, when angry demonstrators led by radio host Alex
Jones descended upon the Senate to rebuke threats used to quash a TSA bill that
passed the House unanimously and was poised to clear the Senate with 30 of 31
senators supporting.
Rep.
Graves questions Obama’s autopen signing of Patriot Act extension Rep. Tom
Graves (R-Ga.) is questioning President Obama’s use of an autopen in signing an
extension of the Patriot Act.
Tripoli
Blast May Signal New Nato Tactic A blast in central Tripoli has been
attributed to a Nato strike – signalling a possible switch in tactics by the
forces trying to unseat Libyan leader Muammar Gaddafi.
Why Is The Economy So Bad?
Millions of Americans have lost
their homes, tens of millions of Americans can’t find a decent job and 44
million Americans are on food stamps.
Video: Illegal Dancing at the Jefferson Memorial Infowars.com
| Appeals court ruled national monuments are places for reflection and
contemplation and dancing is not permitted.
Downgraded Typhoon Poised to Spread Fukushima Radiation Kurt Nimmo | Synthetic resins poured
on damaged reactors will not stop radiation from entering the sea and air.
Big Sis Pre-Crime System to Scan Americans For
“Malintent” Paul Joseph Watson | Guilty
until proven innocent – physiological sensors and DHS interrogations to control
behavior at sports stadiums, malls, train stations, airports and other public
places.
CDC admits flu vaccines don’t work Mike Adams | That’s why you need one
every year.
NOVO ORDO SECLORUM – NeoCon Hell on Earth Sartre | Your own dignity requires
active resistance.
US sorry for deadly Afghan air
strike ABC Online Afghan officials say up to 14 people, mostly
children, were killed in the air strike. (Reuters) Foreign forces in
Afghanistan have offered their "heartfelt apologies" for an air
strike that killed up to 14 ... NATO apologizes for Afghan civilian deathsThe
top U.S. generals in Afghanistan are apologizing for an airstrike that killed
civilians in southwestern Afghanistan. ISAF apologises for Afghan civilian deaths
KABUL (AFP) – Foreign forces in Afghanistan apologised Monday for the deaths of
nine Afghan civilians after President Hamid Karzai criticised an air ... http://news.yahoo.com Civilian casualties caused by ISAF and US Forces in the
War ... The War in
Afghanistan has caused the deaths of thousands of Afghan civilians directly
from NATO and ISAF military action.
Loughner
ruling creates trial obstacles
Treatment to restore mentally unfit defendants to competence can take
years or fail altogether. (Washington Post) [ Obstacles? I’d say so! In a
nation as america which sports a population of inherently mentally ill
realistically, if not reported, in excess of
90% by my estimation based upon realities (criminally insane, inherently
criminal included), I’d say that’s problematic indeed. I personally am with
Utah on this which does not allow the insanity defense (Montana, Idaho, joined
by a fourth, Kansas, in 1995). You do the crime (which still must be proven
beyond a reasonable doubt and intense scrutiny of scapegoating / set-ups, etc.
– hence, the clearest and undisputable scenarios as Loughner, Hinckley, etc.),
you’ll at least do the time. Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Court
nixes campaign-donation ban Federal judge rules law prohibiting direct
corporate contributions to candidates is unconstitutional. (Washington Post) [
This oligarchy / plutocracy of ours … no surprise there … one way or another,
they’re all getting’ bribed … worked well for the biggest frauds on wall
street, goldman et als … Roche 'The worst part of
it ...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’ billions from the fraud ). Choose Your Hathaway: Berkshire or Anne Sizemore 5-26-11 ‘When the actress' name is in
the headlines, Berkshire Hathaway share prices rise, proof that
"robotrading" puts many investors at risk.’ ‘Given that algorithmic
trading now accounts for 70% of all trading, it’s not implausible. Sadly, this
is what the investment management profession has degenerated into.’ [ As to his
‘blood in the streets reference’ … sadly … coming to a theater near you. .., ‘mnemonics’, loosely speaking, are kind of like
in a clichéd sort of way, that ‘double edged sword that cuts both ways’ … you
know, ‘Tom Sizemore’ … are you related? ] Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy, it’s never been higher.
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-- America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away!
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
A
seismic shift in the defense industry Gone are the days of “no-questions-asked
funding requests.” Pentagon must now make do with less. (Washington Post) [ I
think there are many who’ll say they’ll believe it when they really see it;
and, beyond the off-budget-item chicanery. I’m certainly one, and so is Davis: 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
Dems find themselves in a tough spot (WP) [ Tough spot? Like Iraq and a
hard place called Afghanistan; indeed they are. [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones | U.S. intelligence is that bin Laden needs dialysis every 3 days/ http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Roche 'The worst part of it ...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’ 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 WP Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
]
Israeli
central banker to bid for IMF? (Washington Post) [ Dumb as they are by most
measures of same including the IMF’s mission and purpose, I doubt even they’d
be that self-destructively dumb in light of their destructive,
nation-bankrupting follies / adventurism in the Mideast for which they’re
already suspect in terms of foolishly, self-defeatingly pro-israeli
policy. Krauthammer:
What Obama did to Israel (Washington Post) [ The fundamental problem with
Mr. Krauthammer’s non-sequitor illogic is the manner in which war crimes nation
israel came by those land (war) and the numerous violations of u.n. resolutions
(ie., 242, 338, etc., and oslo accords, etc.), international, war crimes
(flotilla raid, etc.) since then. He thus becomes the journalistic equivalent
of what Pat Buchanan refers to as the ‘israeli amen corner’ in congress. If
only one could realistically ignore the detriment the world and america have
suffered as a direct consequence of this foreign policy bent … Top
Democrats criticize Obama’s Israel policy
(WP) [ What policy … to him, just words … more b***s*** . I’ve thus far
refrained from commenting on what I’ve anticipated to be ‘just more of the
same’; empty rhetoric. Pervasively corrupt, defacto bankrupt america makes the
wrong choice at every turn, ensuring in every way, decline and fall; self-destructive,
self-defeating. Make no mistake, and let me reiterate, that substantially
underrated President General Eisenhower would have put American interests first
and the current debacle would never have occurred in the first instance … see,
ie., http://albertpeia.com , historical
documentation, from website: http://www.ameu.org ‘Lest We Forget The Israeli lobby in
Washington has successfully influenced the U.S. Congress to give billions of
non-repayable dollars each year to Israel on the premise that Israel's loyalty
and strategic importance to the United States make it an ally worthy of such
unprecedented consideration. Is it ? In his Farewell Address, George Washington
warned Americans to avoid a passionate attachment to any one nation because it
promotes "the illusion of an imaginary common interest in cases where no
real common interest exists." 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. Israeli actions over the past 53 years involving U.S. interests
in the Middle East seriously challenge the "strategic asset" premise
of the Israeli lobby. Some of these actions are compiled in the list that
follows: ’ ] Netanyahu
lays out vision for Mideast peace (WP) [
Vision? Don’t make me laugh! The guy’s blind; and a ward and provocateur at
america’s substantial cost and detriment. ]
Pakistani
military worried about infiltrators
(Washington Post) [ Yeah! In Pakistan and the rest of the Middle East
they’re realistically called americans / cia, etc.. After all, death and
destruction doesn’t play well in any nation, particularly when those doing the
raping, pillaging, and plundering can’t even manage their own national
affairs. 63
percent of people killed in Iraq war were civilians: report Xinhua
| U.S.-led wars in Iraq and Afghanistan have been
causing huge civilian casualties
Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (WP) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones | U.S. intelligence is that bin Laden needs dialysis every 3 days / http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN LADEN,
THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF SERVICE
ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED IN
DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Though having but 5% of the world’s population, u.s. has
76% of the world’s serial killers,
http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(NYT) [ Adapt? I don’t think so! I do believe that both nations are
regressively but nostalgically trying bring the world back to failed
geopolitical paradigms that made the 20th century the bloodiest century, not
coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall. .. Orwellian approach fostered by the purveyors of global unrest; viz.,
israel, america, Orwellian england, etc.;more specifically, diversion of the
masses from the glaring failures, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Russians
park billions abroad (Washington Post) [ If only Americans were that smart
in diversifying / hedging their investment risks:
7
Market Hazard Signs Traders Have Been Ignoringat Minyanville / Erik Swarts May
27, 2011 ‘…
1. I have repeatedly heard and read to the same effect, "the market is
hanging in there, considering...(x y z)." While that is certainly the case
broadly speaking, the market has a way of distracting your attention from where
it should be focused most. .. however, the market's technical structure
typically trumps sentiment (unless it is at a statistical extreme such as in
March 2009) over time. If anything, the fact that the market is "hanging
in there" on a relative basis could actually portend a more serious
underlying condition indicative of distribution. Distribution by institutional
participants can create broadening top formations in the indices and erratic
sentiment surveys by the swinging price action.
2. A major momentum darling has crashed and burned with silver. Silver's
historic decline, coupled with a very shallow bounce, is bearish toward risk
returning to the same degree of indiscrimination it represented before it broke
down. You could even speculate that the tepid action in stocks
like Apple (AAPL)
over the past six months was a precursor to the diminishing influence on the
risk/momentum continuum.
3. The indices all broke their respective 50-day moving averages this week. ..
4. Ignoring the symmetry and historical context in the two charts below would
be Pollyannish at best, irresponsible to risk at worst. Furthermore, knowing
what we now know about the developments in Europe and the risks they have going
forward -- specifically over the next few weeks in Spain and Greece -- their
respective influences to the commodity and equity
markets could be strongly reinforcing…
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchMAY2011/ignition1.jpg
5. The government bond market continues to confuse even the King's wishes. The chart below shows the relative
disconnect ..should not be ignored or passed off as insignificant. ..
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchMAY2011/ignition2.jpg
6. Weekly economic data surveys have taken a turn negative. ..
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchMAY2011/ignition3.jpg
7. The market has respected my monthly meridian chart to the tick. If May
continues to follow course away from the meridian at 1363, the summer months
could see an acceleration
to the downside.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchMAY2011/ignition4.jpg
Overall, I'm skeptical to hanging onto long positions for anything more than a
bounce here and feel more comfortable on the short side of the market…’
YAHOO
[BRIEFING.COM] ‘…Pending home sales for April plummeted a much
sharper-than-expected 11.6%…’ Debased dollar, hyperinflationary realities
and expectations rallies stocks on the
bad news. Jobless
Claims Rise 10,000 First
Quarter GDP Stalls Nothing
New In GDP Update, U.S. Grew At 1.8% In Q1
[ Economic data bad and worse than expected … stocks rally on the worse
than expected news as suckers’ rally to keep the old suckers and get new
suckers sucked in. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might even
say off-the-chart. ]
7
Market Hazard Signs Traders Have Been Ignoringat Minyanville / Erik Swarts May
27, 2011 ‘It's been said that the market
is hanging in there, but the market has a way of distracting your attention
from where it should be focused most. As
a trader who relies on the qualitative art form that is appraising market
psychology, I have been collecting some interesting anecdotes and observations
from the field. Specifically, traders seem to be ignoring some of the more
readily apparent hazard signals the market has been throwing off in the past
month.
1. I have repeatedly heard and read to the same effect, "the market is
hanging in there, considering...(x y z)." While that is certainly the case
broadly speaking, the market has a way of distracting your attention from where
it should be focused most. The rampant attention and bipolar swings in investor
sentiment surveys appear to be the illusion of choice in declaring the waters
safe for the return of risk.
I believe there is some utility in knowing where the sentiment vane is pointing
over the very short term, however, the market's technical structure typically
trumps sentiment (unless it is at a statistical extreme such as in March 2009)
over time. If anything, the fact that the market is "hanging in
there" on a relative basis could actually portend a more serious
underlying condition indicative of distribution. Distribution by institutional
participants can create broadening top formations in the indices and erratic
sentiment surveys by the swinging price action.
2. A major momentum darling has crashed and burned with silver. Silver's
historic decline, coupled with a very shallow bounce, is bearish toward risk
returning to the same degree of indiscrimination it represented before it broke
down. You could even speculate that the tepid action in stocks
like Apple (AAPL)
over the past six months was a precursor to the diminishing influence on the
risk/momentum continuum.
3. The indices all broke their respective 50-day moving averages this week.
Today's action should be interesting, considering they are all siting directly
beneath them after retracing the break.
4. Ignoring the symmetry and historical context in the two charts below would
be Pollyannish at best, irresponsible to risk at worst. Furthermore, knowing
what we now know about the developments in Europe and the risks they have going
forward -- specifically over the next few weeks in Spain and Greece -- their
respective influences to the commodity and equity
markets could be strongly reinforcing.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchMAY2011/ignition1.jpg
5. The government bond market continues to confuse even the King's wishes. The chart below shows the relative
disconnect over the past year. This chart should be qualified, in that yields
have been in a downtrend relative to the SPX for almost three decades. With
that said, the degree of yield erosion relative to the SPX over the past two
months should not be ignored or passed off as insignificant.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchMAY2011/ignition2.jpg
6. Weekly economic data surveys have taken a turn negative. Whether revealed in
the most recent weekly unemployment trends or decelerating GDP,
the market is facing an ever more hostile headline risk environment. I
typically shy away from incorporating economic data surveys into my short-term
calculus because their correlations are erratic at best. But considering the
backdrop, it can pay off with timing. Next week will provide the important ISM
manufacturing index. Below is a chart of the Empire, Philly & Richmond
surveys overlaid on the ISM survey. As the correlations have shown, the already
received EPR surveys indicate the ISM will likely be quite weak. The degree of
which could be a catalyst (both positive or negative) in the market.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchMAY2011/ignition3.jpg
7. The market has respected my monthly meridian chart to the tick. If May
continues to follow course away from the meridian at 1363, the summer months
could see an acceleration
to the downside.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchMAY2011/ignition4.jpg
Overall, I'm skeptical to hanging onto long positions for anything more than a
bounce here and feel more comfortable on the short side of the market. That
could all change in an instant, and I try to never limit myself from trading
the flip side as revealed by my agnostic trading approach.
Remember, these are just my notes -- I trade what I see in the tape.
Editor's Note: This article was originally
posted on Market Anthropology.’
Global
Stock Seasonality: Tout Le Monde Vendez en Mai Forbes / Sy Harding ‘When investors think of the stock market’s
annual seasonality, as expressed by the adage ‘Sell in May and Go Away,’ they
usually relate it to the U.S. market.In fact, the historical pattern of
stock markets making most of their gains in the winter months, and experiencing
most of their bear market declines and corrections in the unfavorable summer
months, is also common in global markets.Since investors have become much more
comfortable with investing in global markets in recent years, in fact have
poured money into emerging markets at a record pace, recognition that the
seasonal pattern is global is potentially of considerable importance,
especially this year.A 27-page academic study conducted at the Rotterdam School
of Management in the Netherlands and published in the American
Economic Review in 2002,
concluded, “Surprisingly we found this inherited wisdom of Sell in May
to be true in 36 of 37 developed and emerging markets. Evidence shows that in
the United Kingdom the seasonal effect has been noticeable since 1694. . . . A
trading strategy based on this anomaly would be highly profitable in many
countries. The average annual risk-adjusted outperformance ranges between 1.5%
and 8.9%, depending on the country being considered. The effect is robust over
time, economically significant, unlikely to be caused by data-mining, and not
related to taking excess risk.”Stock markets outside of the U.S. seem to be significantly in the lead
on the downside in this unfavorable season. For instance, the S&P 500 is
only 2% below its recent top on April 29, the last trading day of April
(potentially in keeping with the ‘Sell in May and Go Away’ rule to sell on May
1).However, in the rest of the world quite serious stock market corrections are
underway. The important markets of China (the world’s 2nd largest
economy), Japan (the world’s 3rd largest economy), Hong Kong, India,
Brazil, and Russia are already down an average of 12% from their recent peaks,
and have broken down through key support levels, including their long-term
200-day moving averages. Other important markets, including Mexico, Canada,
Britain, France, and South Korea have already broken down through key
intermediate-term support levels, including their 20-week moving averages.That
global markets are so far ahead of the U.S. market on the downside leads me to
believe they will become oversold first and perhaps be the first to bottom and turn
back up when the time to buy arrives again.Meanwhile, the studies of
seasonality point out that a seasonal investor outperforms the market over the
long-term (occasional years when it does not work notwithstanding), while being
at risk in the market only six months each year, and moving to cash for the
other six months.They do not take into consideration the additional gains the
seasonal investor can make in the unfavorable season in areas other than
cash.To name a few; bonds, gold, and currencies often move independent of the
direction of the stock market, and can rally when the stock market is in a
decline. And all are easy enough for investors to take advantage of via mutual
funds, and even more efficiently via ETFs (exchange-traded-funds).If seasonal
investors are fluent in market analysis, particularly technical analysis, which
can help define when an unfavorable season will not just be a ‘dead zone’ but
will probably see a substantial correction, significant gains can be made from
the downside even faster than from the previous rally period. That’s because
when the market goes down it tends to go down much faster than it went up,
often losing a year of previous gains in a matter of a few months.And holdings
are available to harness the power of such market declines, including ‘inverse’
mutual funds and ‘inverse’ ETFs, which are designed to move opposite to a
particular market or market sector.In my opinion then, the U.S. market has some
catching up to do on the downside, while selected global markets, considerably
ahead of the U.S. market on the downside, are liable to bottom first and
provide the earliest buying opportunities.In the interest of full disclosure, I
and my subscribers have some recent new positions in a bond ETF, a currency
ETF, and selected inverse ETFs against the U.S. market.’
End-of-Month
Window Dressing: Dave's Daily at
TheStreet.com ‘The U of Michigan Consumer Sentiment Index was
cherry-picked by bulls as the indicator upon which to rally stocks Friday. But,
frankly is it really a valid measure of current consumer attitudes? I don't
think so given it's weighted heavily by stock prices and curiously by gasoline
prices. With the latter, a one week ten cent drop in prices hardly makes a
trend. Some had the nerve to say consumers were now getting accustomed to
higher gas prices. How about you? Consumer
Metrics Institute's opinion and conclusion is as follows:
http://www.thestreet.com/tsc/daves/052711/image002.jpg
"The
levitation effect provided by the Federal fiscal stimulus packages will begin
to wilt soon, as will Mr. Bernanke's monetary magic when QE-2 lapses in June.
At some point in time the GDP will revert to tracking the 70% of the economy
provided by consumer spending. When that happens, the glaring gap in the above
graph will close, and most likely with the upper line converging towards the
lower, rather than the other way around. We have said before that our consumers
seem to know that the headline recovery in the S&P 500 has not yet been
fully shared with the them, their neighbors or their local merchants. Until
unemployment materially decreases and the residential housing market returns to
at least pre-2005 levels of activity, the "Great Recession" isn't
over, despite what the National Bureau of Economic Research (NBER) would have us
believe." Other data this week was just awful. And, Pending Home Sales on
Friday dropped by 11% which was much worse than expected. If higher stock
prices buoy consumer sentiment, what about poor housing data? The disconnect is
extraordinary. Most major equity index related ETF were able to claw out of
most negative readings to close the week either unchanged or plus/minus a small
amount. Most of this was accomplished on very weak volume but with a heavy
assist of QE2 ($30 billion over the last 5-7 trading days). This is
the magic dust for bulls. The tape's action is reality but the action behind
the curtain is hollow and comprised of free money from on high. Nevertheless,
most indexes may close the month down with only one day left to trade. Our
DeMark monthly sequential 9 counts may have already made their impact as QE2
has another month to run and will compete with it …’
S&P Stuck in a Rut - Why and Where Will it Break? , On Thursday May 26, 2011
‘This entire week the S&P has been stuck in a rut. Aside from a few brief
spikes outside its trading range, the S&P has been sluggish and moved with
the velocity of molasses.
The
Memorial Day Lull
Part of the
reason is the upcoming Memorial Day weekend. Trading before the Memorial Day
weekend tends to be lackluster and uninspired, but come Tuesday (markets are
closed on Monday) volatility (Chicago Options: ^VIX) is likely to increase.The
holiday weekend is just part of the story though. There are other compelling
reasons why trade is so frustratingly sluggish.
Compelling
Reason to be Dull
The ETF Profit
Strategy Newsletter's technical forecast for the week ahead stated that: 'The
initial downside from the May 2 high may not be finished yet, but it appears to
be limited. If the lower trend line at 1,325 is broken, we are looking for
lower prices but are mindful that various support levels should keep downside
action contained.'The S&P dropped below the 9-month trend line support
first thing Monday morning, but didn't really go anywhere thereafter. Such a
trend line breach is usually significant, but it wasn't, at least not thus
far.The chart below shows why downside momentum didn't increase. The ETF Profit
Strategy Newsletter pointed out this month's and week's pivot support (s1 to be
precise) at 1,319 and 1,317. As you can see, the S&P has stuck to s1 like
gum to shoe.What are pivots, you may ask? Pivot points are determined as the
average of the previous sessions trading range combined with the closing price.
The numbers for support and resistance that are calculated indicate the
potential ranges for the next time frame based on the past weight of the
market's strength or weakness.Pivots are fractal and can be calculated for
various time frames. I usually pay attention to weekly and monthly pivots.
http://www.etfguide.com//contributor/UserFiles/8/Image/article%20new%205%2026%2011.gif
The blue lines
in the chart illustrate the 20 and 50-hour simple moving averages (SMAs). Since
Wednesday, the S&P has been sandwiched between the two. As you can see,
there is plenty of technical reason for the current trading range.
Where
Will it Break?
Every trading
range ends eventually. Often such range bound churning and indecision precedes
significant moves and serves as a springboard. There is certainly a distinct
seasonal post-Memorial Day bias that supports this notion.Once this trading
range is broken, the focus moves on to the next support or resistance. Next
resistance to the up side is 1,325, a Fibonacci projection level. Look at the
chart and you will see how attempts to move beyond 1,325 were thwarted on
Wednesday and earlier today. A break above 1,325 would open the door to higher
prices.Fibonacci levels are powerful trading tools and should not be dismissed.
One important Fibonacci level the ETF Profit Strategy Newsletter isolated as
target and resistance in April was 1,369.The importance of this level was
confirmed on May 1, when the newsletter recommended shorting the S&P
against 1,369. The S&P topped the very next day at 1,370 and declined as
much as 50 points thereafter.The ETF Profit
Strategy Newsletter provides the most important short and long-term
support/resistance levels and seasonal tendencies every Sunday and Wednesday,
along with directional advice and the corresponding trading strategies.ETFs
that track the S&P 500 include: S&P 500 SPDR (NYSEArca: SPY - News), iShares S&P 500 (NYSEArca: IVV - News), Vanguard S&P 500 (NYSEArca: VOO - News).Value and Growth S&P ETFs include:
iShares S&P 500 Value (NYSEArca: IVE - News), iShares S&P 500 Growth (NYSEArca: IVW - News), Vanguard S&P 500 Value ETF (NYSEArca:
VOOV - News), Vanguard S&P 500 Growth ETF
(NYSEArca: VOOG - News).Leveraged S&P ETFs include: Ultrashort
S&P ProShares (NYSEArca: SDS - News), Ultra ProShares (NYSEArca: SSO - News), UltraPro S&P ProShares (NYSEArca: UPRO - News), UltraPro Short S&P ProShares
(NYSEArca: SPXU - News).’
The Week Ahead: Can Stocks Climb the Wall of Worry? Forbes / Tom
Aspray ‘Last week’s financial headlines may have caused many stock investors to
run for the exits, as there was very little to make one think that stocks could
move higher. Here is a sampling:
- Demand For Durable Goods Falls the Most in 6
Months
- Countries Urged To Raise Rates
- Goldman Says Brent Will Hit $130
- Revenue Slide Dents Banks’ Recovery
- Draghi Warns on Global Recovery
- Fears of Debt Contagion Return to Eurozone
- UK Lenders Face Rating Downgrade
- Steep Quarterly Drop For Home Prices
Despite the concerns over debt contagion, a double
dip in the economy, and slower growth in China, the US stock market was
surprisingly strong. The early-morning declines on Wednesday and Thursday were
met with good demand.
Therefore, even though the major averages made new
correction lows, the market had plenty of reasons to drop more sharply. For
most of the week, Tuesday’s headline from the Financial Times, “Investors swept up in wave of
bearishness,” said it all.
So even though the stock market was not as strong as
I had forecast last week, I am sure most were surprised that it closed higher.
Sentiment measures continue to get more negative, with only 25% bullish in a
recent AAII survey. This is the lowest reading since last summer.
Last week’s pending home sales dropped 11%—but new
home sales were stronger than expected, giving some home builders a boost. On
Tuesday, we get more housing data, as the S&P Case-Shiller price index will
be released along with consumer-confidence numbers.
Of course, this is another jobs week, with a
preliminary reading Wednesday from the ADP Employment Report, followed by
jobless claims Thursday and the monthly employment report on Friday. Also out
Wednesday is the ISM Manufacturing Index, with the ISM Non-Manufacturing
following on Friday.
As the headlines show, there are still plenty of
problems facing the Eurozone, and the Strauss-Kahn scandal has not helped—the
BRIC countries, among others, are not in favor of a new IMF head from the
Eurozone. Also, as my colleague Jim Jubak suggests, “Another
Quick Fix For Greece” is likely.
Euro investors have also been moving away from risk,
as the yields on German debt have dropped 3%, matching similar yield declines
in both the UK and the US. Nevertheless, the DJ STOXX Europe 600 was able to
close the week well above the lows, as it tested strong support in the 272 to
274 area early in the week.
Commodity prices have bounced nicely from the
mid-month lows, and the strength in copper may be a sign that the economy is
really stronger than most expect. Crude oil has bounced from the recent lows,
but is now hitting first strong resistance. Technically, this rally looks as
though it will be followed by a further decline.
Page 2 of 3)
WHAT TO
WATCH
As I noted in more detail before Friday’s opening, the technical and sentiment
picture for the stock market had improved. The positive action Friday supports
this view, even though the major averages closed below their best levels.
http://graphics.moneyshow.com/investing/Guru/Gurus052711_1_med.gif
Click to Enlarge
S&P
500
The Spyder Trust (SPY) tested its downtrend (line a) on Friday, and still has
strong resistance at $135.36. A daily close above this level should confirm
that the correction is over. A test of the May 2 highs at $137.18, if not a
move to the $138.50 area, is still a distinct possibility.
The low for SPY at $131.38 is now the critical level,
with the daily uptrend (line c) now at $130.50. If this level is violated, the
April lows are at $129.51 (line b).
The S&P 500 A/D line has turned up, and is very
close to breaking its downtrend. It did make new highs in May, and is still
well above long term support (line d).
Dow
Industrials
The Diamonds Trust (DIA) also appears to have completed a short-term bottom,
but is slightly lagging the SPY. DIA has just filled the gap from last Monday’s
opening. There is still a strong band of resistance in the $126.50 to $127.50
area.
The support level to watch now for DIA is $122.80,
while the April low and major support follows at $120.65.
Dow
Transportations
The Dow Transportation Index held above the prior week’s low at 5,311, and did
close last week higher.
A close above 5,500 is needed to complete the
correction and signal a rally to new highs in the 5,650 to 5,700 area.
If one of the other major averages is able to exceed
the May highs, and the Transports fail to make a new high, it would be a
warning sign.
Nasdaq-100
I have been looking for the PowerShares QQQ Trust (QQQ) to lead the market on the next rally, but it has
continued to lag. It will now take a much stronger rally for QQQ to take over
leadership.
The first hurdle is the resistance in the $58.50 area
with major at $59.34 area.
The down gap last Monday violated the support in the
$57 area as QQQ hit a low of $56.47 which weakened the short term outlook.
There is now important support below $56.
Russell
2000
The iShares Russell 2000 Trust (IWM) has concerned me for several months, and last week it
dropped below the April lows. This is a further sign of weakness, and as I
noted several weeks ago the A/D line on the Russell 2000 failed to make a new
high with prices in April.
The rebound in IWM is likely to fail in the $85 to
$85.50 area, even if the SPY makes new highs. Therefore, the current rally
should be used as an opportunity to move out of both small and mid-cap stocks.
Once below the recent lows at $80.76, the next major
support is in the $77.50 to $78 area.
Here’s
Why Pending Home Sales Plummeted in April Wall St. Cheat Sheet May 27,
2011 ‘According to the National Association of Realtors , The Pending Home Sales
Index (PHSI) , a forward-looking indicator, dropped 11.6 percent to 81.9 in
April, down from 92.6 in March. The number is down 26.5 percent from a peak
111.5 in April 2010 when buyers were rushing to meet the deadline for the home
buyer tax credit.This data reflects contracts, but not closings, which usually
don’t occur until a month or two after contracts are signed.The news hasn’t
done much for real estate stocks (NYSE:IYR), down 0.06% today, but might be responsible for
the 0.86% hike in home builders stocks (NYSE:XHB).While the PHSI in the Northeast actually rose
1.7% to 64.5 in April, it is still 33.4% below its figure for this time last
year. PHSI in the Midwest is down 10.4% to 74.1, down 30.2% from April 2010.
Pending home sales in the South dropped the most at a decline of 17.2% in
April, 27% below a year ago. Still, the PHSI for the South is 91.3,
significantly higher than that of other regions. In the West the index declined
8.9% to 89.1 and is 16.9% below April 2010 figures…’
Investing
in Precious Metals: Is Gold Worth Dying For? Wall St. Cheat Sheet May 27, 2011 ‘Thursday, gold (NYSE:GLD) and silver (NYSE:SLV) took a breather as the Dow (NYSE:DIA) and S&P 500 (NYSE:SPY) closed slightly higher. The markets seem
somewhat confused as the Greek debt crisis lingers on. In times of
uncertainty, investors often turn to gold as a place of refuge. However,
just how expensive is it to really obtain gold? Some gold miners (GLDX)
may find out the hard way.The medical condition known as silicosis could be a
potential problem for some gold miners. Silicosis is the scarring of the
lungs caused by extended exposure to the dust found in South African mines.
These mines are now run by companies such as Harmony Gold Mining (NYSE:HMY), Gold Fields Ltd. (NYSE:GFI), and AngloGold Ashanti Ltd. (NYSE:AU). These miners are now facing coming
lawsuits. HMY fell the hardest on the day, closing 3.57% lower.While the
total number of claims and size of judgements are nearly impossible to estimate
at this time, RBC Capital Markets claims the liability of mining companies
could reach as high as $100 billion. RBC reached this estimate by
assuming there are 300k claimants, each suing for at least 2 million rand.
The Constitutional Court said workers who qualified for state benefits
for occupational related disease, could also receive additional compensation
from their former mining employers.Gold Fields Ltd (NYSE:GFI) CEO Nicholas Holland said, “It’s
speculative at this stage to assume that there’s going to be a huge number of
suits or whether in fact those suits will even be successful.” Another
miner, Anglo American , is already involved in a silicosis suit that dates back
to 2004, and involves 18 miners (4 of the 18 have already died). The mines
today employ about 160k people, according to the Chamber of Mines.Investors
willing to overlook the lawsuits may want to consider the following ETFs and
stocks: iShares Silver Trust (NYSE:SLV), PowerShares DB Silver Fund (NYSE:DBS), ProShares Ultra Silver (NYSE:AGQ), First Majestic Silver Corp. (NYSE:AG), SPDR Gold Trust (NYSE:GLD), Market Vectors Etf Trust (NYSE:GDX), or Barrick Gold Corporation (NYSE:ABX).Investors who are bearish in precious metals, or
simply looking for a hedge, may find the following stocks, ETFs, and ETNs
interesting: ProShares UltraShort Silver (NYSE:ZSL), PowerShares DB Gold Short ETN (NYSE:DGZ), or PowerShares DB Gold Double Short ETN (NYSE:DZZ).For more analysis and guidance in the white hot
precious metals sector, consider
a free 14-day trial to our acclaimed Gold & Silver Investment Newsletter.’
Entitlements:
4 Things You Must Know Now – with Gerri Willis Wall St. Cheat Sheet May 27, 2011 ‘Entitlements have become a big issue now
that the
US has a major debt problem and a record number of boomers are expected to
retire in the coming years. I caught up with Fox Business anchor Gerri Willis
to get a Cheat Sheet for the hot button entitlement issue:
Damien
Hoffman: Gerri, what are entitlements?
Gerri Willis:
Simply put, entitlements are government payouts. Normally we think of Social
Security, Medicare and Medicaid when we say entitlement. Most Americans feel
that getting benefits from these programs is a right because they’ve paid into
them. Corporate America is on the federal dole, too, at times, most recently
when banks (NYSE:XLF) and auto companies such as General Motors (NYSE:GM) were bailed out during the financial crisis.
Currently,
Congress is debating how to fix the overspending in Social Security, Medicare
and Medicaid. The problem with these programs is that they’ve morphed from
temporary or short-term safety nets into permanent floors that people rely on.
As a result, the costs of these programs is swamping the
federal budget.
Damien: How
much are we spending on entitlements?
Gerri:
Entitlement spending is the vast majority of our federal
budget and growing every year. This year alone spending on Social Security,
Medicare and Medicaid will account for 57 percent of all federal outlays, and
the spending level is 5.4 percent higher than last year.
Damien: Can we
continue to support those three programs at this level?
Social
Security, Medicare and Medicaid are in big trouble. Social Security will run
out of money in 2036; Medicare in 2024. Already both programs are running a
deficit right now. Social Security has a deficit of $46 billion and Medicare
has $80 billion in red ink.
Damien: Gerri,
in your opinion, what do you think future legislation dealing with this issue
will look like?
Gerri: I
believe we’re going to have to wait awhile for reform. Congress has always been
wary of the third rail of politics and with elections approaching in 2012, they
are wary of tackling anything as controversial as entitlement reform right now.
However, there does seem to be some consensus building for change. Many folks
seem to agree that the age that Social Security recipients receive benefits
should be moved higher, others say that Medicare shouldn’t be available to the
very wealthy or that their benefits should be scaled back in some way. Even
implementing both of those ideas won’t fix the problems we are facing; however,
a more dramatic change is needed to avoid pushing our country into a more
desperate financial crisis.
FOX Business Network wraps up “Entitlement Nation: Makers
vs. Takers” on Friday, May 27th, 2010.
Don’t Miss: CHART
OF THE DAY: Watch the US Debt Set a 60 Year Record. ‘
EVERYTHING
RISES AND THE DIP IS BEING BOUGHT: Here's What You Need To Know Business Insider May 27, 2011 ‘The
week has clearly ended on a positive note, although we've now seen four
straight weeks of declines.
But first, the
scoreboard:
Dow: +37.20
NASDAQ: +5.26
S&P 500: +5.26
And now, the
top stories:
- Really, it was super quiet and nothing happened.
Probably the most notable thing was that China declined hard again, and has now fallen 11% from
its recent high.
- In the very early going, there was a little bit
of excitement when Belgian lender Dexia was halted, but ultimately it
didn't turn out to be much.
- In the US, spending data came in a little light,
but it didn't matter. The dip is being bought, and stocks are higher
again. Big day for everything that wasn't the dollar.
- For some interesting visual tantalization, here's a satellite look at Spain's housing disaster. ‘
Global
Economic Rebound Weakens on Quake, Oil Price, European Debt Crisis Bloomberg | World economy has entered
a softer patch with the incoming growth data mostly disappointing.
Marc Faber:
Prepare for Another War Jonathan
Chen | From 2002-2008, Greenspan and Bernanke have created
massive bubbles.
20
Questions To Ask Anyone Foolish Enough To Believe The Economic Crisis Is Over
The Economic Collapse |
We are still in the middle of a full-blown economic crisis and things are about
to get even worse.
Second
Biggest Weekly Drop Ever In Treasurys Held In The Fed’s Custodial Account As
Foreigners Dump There was one truly interesting observation in this week’s
Fed balance sheet update: not that the actual balance sheet hit a new all time
record (which it did at $2.779 trillion), or that the Fed added another $24
billion in Treasurys to its balance sheet, or that total reserves hit a new all
time record, increasing by $53 billion to $1.59 trillion.
China Gold
Imports to Surge: Report Chinese demand for gold bars and coins as private
investments could push bullion imports above 400 tonnes in 2011, leading global
consultancy GFMS said on Friday.
U.S. dollar could
‘collapse’: UN The United Nations warned on Wednesday of a possible crisis
of confidence in, and even a “collapse” of, the U.S. dollar if its value
against other currencies continued to decline.
The
Shocking DRINK And Incredible History Of COKE Subliminal Advertising Looking
for a new way to publicize your product? Have you considered implanting
suggestions in your current advertising that link your product to sex and
power? [ Come on! In updating my skills / knowledge base, included were my
psychology studies which currently all but dismiss as but ‘folklore’ the
effectiveness, if even existent, of such subliminal advertising (you might even
wonder about the Rorshach factor in interpreters of same); though blatent
propaganda in its various forms still remains marginally effective (unless you
think about it … rugged athletes, the guy with the babe, parties, etc…
Riiiiight! The cola did it!). I drink coca cola, pepsi cola, royal crown cola,
generic cola, etc., and in no way attach a ‘sexual / power advantage’ to
drinking same. After all, there are healthier things to drink ( … Amid
health fears, Diet Coke sweetener in safety spotlight An artificial sweetener used in Diet Coke is
to undergo an urgent EU safety review…)
For me, it’s all about the fizz, the caffeine, and then the taste. ]
Competing
plans on job growth Obama and Congressional Republicans hope to cut the
cost of doing business for U.S. firms. White
House wants to simplify rules (Washington Post) [ Plans? Is that it? Costs?
For the foreseeable future that counts, the logical conclusion will invariably
be, based on costs and prior misguided decisions (you still remember Perot),
ship them overseas, outsource, outsource, outsource … even Apple does that in a
big way while still getting premium prices (as if made is usa). No … you can’t
unring the bell on their ill-fated, but collectively culpable missteps. But,
this plan of theirs, my recollection is that’s what they’ve been purportedly
doing for the last several election cycles spanning well over a decade. Oh,
riiiiight! It’s that time of the season again … election time. Despite the
rhetoric and spin, the scenario remains dismal … the grim economic
reality [ http://albertpeia.com/grimreality.htm Jobless
Claims Rise 10,000 First
Quarter GDP Stalls Nothing
New In GDP Update, U.S. Grew At 1.8% In Q1
[ Economic data bad and worse than expected … stocks rally on the worse
than expected news 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Poll:
For Obama, low marks on Afghan war (WP) Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. … an especially great opportunity to sell /
take profits while you still can since there's much worse to come! America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog/ Selling
In May Is Very Good Advice This Year Harding / Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart. ]
Ex-Nasdaq
exec pleads guilty to fraud (Washington Post) [ Roche 'The worst
part of it ...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’ billions from the fraud ). Choose Your Hathaway: Berkshire or Anne Sizemore 5-26-11 ‘When the actress' name is in
the headlines, Berkshire Hathaway share prices rise, proof that
"robotrading" puts many investors at risk.’ ‘Given that algorithmic
trading now accounts for 70% of all trading, it’s not implausible. Sadly, this
is what the investment management profession has degenerated into.’ [ As to his
‘blood in the streets reference’ … sadly … coming to a theater near you. ] [ I
just had to include this article, emphasizing the folly / fraud of wall street.
Well done! But butt buffet? Wall street shill, he ultimately goes out a buffoon
and fraud friend of wall street; a further sign of pervasively corrupt, defacto
bankrupt american decline. But, ‘puppy-dog-eyes’? I don’t think so. How ‘bout
‘cat’s eyes’, as in Catwoman. Don’t forget Chuck, ‘mnemonics’, loosely speaking, are kind of like in a clichéd
sort of way, that ‘double edged sword that cuts both ways’ … you know, ‘Tom Sizemore’
… are you related? ] Stock
Market: 4 Current Warning Signs Navin
‘…1) The 5-year high in the level of insider corporate stock sales is telling.
At 565 sells for every 1 buy, it’s never been higher. 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-- America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! Remember: ‘Sell in May and go away!
20
Questions To Ask Anyone Foolish Enough To Believe The Economic Crisis Is Over The Economic CollapseMay 26, 2011 | We
are still in the middle of a full-blown economic crisis and things are about to
get even worse.
If you listen
to Ben Bernanke, Barack Obama and the mainstream media long enough, and if you
didn’t know any better, you might be tempted to think that the economic crisis
is long gone and that we are in the midst of a burgeoning economic
recovery. Unfortunately, the truth is that the economic crisis is far
from over. In 2010, more homes were repossessed than ever before, more
Americans were on food stamps than ever before and a smaller percentage of
American men had jobs than ever before. The reality is that the United
States is an economic basket case and all of these natural disasters certainly
are not helping things. The Federal Reserve has been printing gigantic
piles of money and the U.S. government has been borrowing and spending cash at
a dizzying pace in an all-out effort to stabilize things. They have
succeeded for the moment, but our long-term economic problems are worse then
ever. We are still in the middle of a full-blown economic crisis and
things are about to get even worse.
If you know
someone that is foolish enough to believe that the economic crisis is over and
that our economic problems are behind us, just ask that person the following
questions….
#1 During the 23 months of the “Obama recovery”, an
average of about 23,000
jobs a month have been created. It takes somewhere in the
neighborhood of 150,000 jobs a month just to keep up with population
growth. So shouldn’t we hold off a bit before we declare the economic
crisis to be over?
#2 During the “recession”, somewhere between 6.3
million and 7.5 million jobs were lost. During the “Obama recovery”,
approximately 535,000 jobs have been added. When will the rest of the
jobs finally come back?
#3 Of the 535,000 jobs that have been created during
the “Obama recovery”, only
about 35,000 of them are permanent full-time jobs. Today, “low income jobs”
account for 41 percent of all jobs in the United
States. If our economy is recovering, then why can’t it produce large numbers
of good jobs that will enable people to provide for their families?
#4 Agricultural commodities have been absolutely
soaring this decade. The combined price of cotton, wheat, gasoline and
hogs is
now more than 3 times higher than it was back in 2002. So how in the
world can the Federal Reserve claim that inflation has been at minimal levels
all this time?
#5 Back in 2008, banks had a total of 27 billion
dollars in excess reserves at the Fed. Today, banks have a total of
approximately 1.5 trillion dollars in excess reserves at the Fed. So what
is going to happen when all of this money eventually hits the economy?….
#6 If the U.S. economy is recovering, then why are
shipments by U.S. factories still substantially
below 2008 levels?
#7 Why are imports of goods from overseas growing much
more rapidly than shipments of goods from U.S. factories?
#8 According to Zillow, the average price of a home in
the U.S. is about 8 percent lower than it was a year ago and that it continues
to fall about 1 percent a month. During the first quarter of 2011, home values
declined at the fastest rate since
late 2008. So can we really talk about a “recovery” when the real
estate crisis continues to get worse?
#9 According to a shocking new survey, 54
percent of Americans believe that a housing recovery is “unlikely” until at
least 2014. So how is the housing industry supposed to improve if so many
people are convinced that it will not?
#10 The latest GDP numbers out of Japan are a complete
and total disaster. During the first quarter GDP declined by
a stunning 3.7 percent. Of course I have been saying for months that the
Japanese economy is collapsing, but most mainstream economists were
absolutely stunned by the latest figures. So will the rest of the world
be able to avoid slipping into a recession as well?
#11
Next week, Republicans in the House of Representatives are going to allow a
vote on raising the debt ceiling. Everyone knows that this is an
opportunity for Republican lawmakers to “look tough” to their constituents (the
vast majority of which do not want the debt ceiling raised). Everyone
also knows that eventually the Republicans are almost certainly going to cave
on the debt ceiling after minimal concessions by the Democrats. The truth
is that neither “establishment Republicans” nor “establishment Democrats” are
actually serious about significantly cutting government debt. So why do
we need all of this political theater?
#12 Why are so many of our once great manufacturing cities being transformed into hellholes? In the city of Detroit today, there are over 33,000 abandoned houses, 70 schools are being permanently closed down, the mayor wants to bulldoze one-fourth of the city and you can literally buy a house for one dollar in the worst areas.
#13 According to one new survey, about half of all Baby Boomers fear that when they retire they are going to end up living in poverty. So who is going to take care of them all when the money runs out?
#14 According to the U.S. Bureau of Labor Statistics, an average of about 5 million Americans were being hired every single month during 2006. Today, an average of about 3.5 million Americans are being hired every single month. So why are our politicians talking about “economic recovery” instead of “the collapse of the economy” when hiring remains about 50 percent below normal?
#15 Since August, 2 million more Americans have left the labor force. But the entire period from August to today was supposed to have been a time of economic growth and recovery. So why are so many Americans giving up on looking for a job?
#16 According to Gallup, 41 percent of Americans believed that the economy was “getting better” at this time last year. Today, that number is at just 27 percent. Are Americans losing faith in the U.S. economy?
#17 According to the U.S. Census, the number of children living in poverty has gone up by about 2 million in just the past 2 years, and one out of every four American children is currently on food stamps. During this same time period, Barack Obama and Ben Bernanke have told us over and over that the U.S. economy has been getting better. So what is the truth?
#18 America has become absolutely addicted to government money. 59 percent of all Americans now receive money from the federal government in one form or another. U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes. Americans hate having their taxes raised and they hate having their government benefits cut. So is there any hope that this will ever be turned around before disaster strikes?
#19
The combined debt of the major GSEs (Fannie Mae, Freddie Mac and Sallie Mae)
has increased from 3.2 trillion in 2008 to 6.4 trillion in 2011. How in the
world is the U.S. government going to be able to afford to guarantee all of
that debt on top of everything else?
#20 If the U.S. national debt (more than 14 trillion dollars) was reduced to a stack of 5 dollar bills, it would reach three quarters of the way to the moon. The U.S. government borrows about 168 million dollars every single hour. If Bill Gates gave every penny of his fortune to the U.S. government, it would only cover the U.S. budget deficit for 15 days. So how in the world can our politicians tell us that everything is going to be okay?
CIA
team to scrub bin Laden compound
EXCLUSIVE | Pakistan has agreed to let a forensics team in to use
sophisticated equipment to look for clues related to al-Qaeda in walls or
underground, a sign of cooperation between the two spy services. (Washington
Post) [ ‘To look for clues?’ Don’t make me laugh! How ‘bout to ‘plant clues’
consistent with their alternate ‘reality’(catapulting the propaganda, again and
now again, and really soaking the story) ; which of course is propagandized
fiction: | U.S. intelligence is that bin Laden needs dialysis every 3 days / http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… 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.‘
Senate
Dems find themselves in a tough spot (WP) [ Tough spot? Like Iraq and a
hard place called Afghanistan [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (WP) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Roche 'The worst part of it ...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’ UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ex-Justice official .. 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 WP Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
]
Krauthammer:
What Obama did to Israel (Washington Post) [ The fundamental problem with
Mr. Krauthammer’s non-sequitor illogic is the manner in which war crimes nation
israel came by those lands (war) and the numerous violations of u.n.
resolutions (ie., 242, 338, etc., and oslo accords, etc.), international law,
illegal nukes, war crimes (flotilla raid, etc.) since then. He thus becomes the
journalistic equivalent of what Pat Buchanan refers to as the ‘israeli amen
corner’ in congress. If only one could realistically ignore the detriment the
world and america have suffered as a direct consequence of this foreign policy
bent … Top
Democrats criticize Obama’s Israel policy
Now the president — whom critics often accuse of employing a
play-it-safe governing style in which he waits for others to take the lead — is
largely isolated politically in raising the issue of 1967 boundaries.
(Washington Post) [ What policy … to him, just words … more b***s*** . I’ve
thus far refrained from commenting on what I’ve anticipated to be ‘just more of
the same’; empty rhetoric. Pervasively corrupt, defacto bankrupt america makes
the wrong choice at every turn, ensuring in every way, decline and fall; self-destructive,
self-defeating. Make no mistake, and let me reiterate, that substantially
underrated President General Eisenhower would have put American interests first
and the current debacle would never have occurred in the first instance … see,
ie., http://albertpeia.com , historical
documentation, from website: http://www.ameu.org ‘Lest We Forget The Israeli lobby in
Washington has successfully influenced the U.S. Congress to give billions of
non-repayable dollars each year to Israel on the premise that Israel's loyalty
and strategic importance to the United States make it an ally worthy of such
unprecedented consideration. Is it ? In his Farewell Address, George Washington
warned Americans to avoid a passionate attachment to any one nation because it
promotes "the illusion of an imaginary common interest in cases where no
real common interest exists." 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. Israeli actions over the past 53 years involving U.S. interests
in the Middle East seriously challenge the "strategic asset" premise
of the Israeli lobby. Some of these actions are compiled in the list that follows:
…’ ] Netanyahu
lays out vision for Mideast peace (Washington Post) [ Vision? Don’t make me laugh! The guy’s blind;
and a ward and provocateur at america’s substantial cost and detriment. ]
Harold
Camping reaffirms October date for the end of the world, says May 21 date was
'invisible judgment day' (The Washington Post) [ I comment here not owing
to the importance of the latest ‘prediction’ by camping who’s probably ‘been camping’
too long in the nether reaches of the atmosphere (affects the brain, ‘neural
firing’ in a negative fashion); but to allay public concerns, and particularly
for those suffering from generalized anxiety disorder, to subtract one life
circumstance from their unrealistic worry; and, because I had previously
commented as set forth infra. No! The world will not be ending on October 21,
2011 or any other date as set forth by camping. Indeed, God needs no
mathematics, formulae, or codes to surreptitiously convey the end; his hand
ultimately unmistakably known to all. You’ll know it when you see it. As for
camping, let’s play umpires and predict the future; strike three, he’s out. Harold
Camping: the heart of the doomsday frenzy
(Los Angeles Times) The last-minute
rapture reading list (Los Angeles Times) [Drudgereport: Preacher made same prediction
in 1994... Doomsday church thriving,
worth $72 million... [Previous: ‘End
of Days’ message rolls into D.C.
(Washington Post) The
potentially rotten news that the world will end on May 21 arrived plastered on
a caravan of RVs. [ Gee … little premature … you know, that 2012, end of Mayan
calendar, Nostradamus thing … I previously weighed in / wrote: Why
do Americans still dislike atheists? (Washington Post) [ And not just americans … Why? First and
foremost because there is a God. Second, it is intellectually dishonest to be
an atheist. Specifically, there is absolutely no evidence to dispute the
existence of God. While one might similarly argue that there is no evidence to suggest
there is a God (which I would dispute), which for most is a fair statement, the
same would yield at best, if intellectually honest, the position of ‘agnostic’.
I can totally understand and even empathize with the view of the agnostic.
After all, at this point, there seems to be ‘no rhyme nor reason’ at all. But,
think binary, positives / negatives. Just too many negatives. Think ‘capital
punishment’. No, the world’s not going to end in 2012 as some fear. Rather,
think slow burn; decades at best; then ‘poof’. In the scheme of things, this
world’s just not that important (apes,
notochordates, and initially single celled organisms). ]
Drudgereport: USA HITS DEBT CEILING...
TREASURY RAIDS PENSIONS...
RECESSIONISTA: MICHELLE
OUTDOES ROYAL -- WEARS $2,000 DRESS...
Military operation against
Gadhafi in 'new phase'...
FLASHBACK: Obama: U.S.
Involvement Would Last 'Days, Not Weeks'...
PAPER: Inflation bumps cost
of Memorial Day weekend BBQ by 29%!
Families spending $168 more per month on gas than a year ago...
PUTIN DECIDES TO RETAKE
PRESIDENCY
STATE OF THE UNION: Metal Scrappers Swipe Teen's
Wheelchair...
Copper strippers possibly
posing as road crews darken DC...
Iron Thieves Caught
Dismantling 100 Yards Of Railroad Tracks...
ATM Serviceman Cleans Out
Machines, Refills With Photocopies Of Cash...
Perry 'going to think about'
run...
Ron Paul places second in
NH...
Iowa GOP to Christie: Drop
by...
GALLUP: Romney, Palin Lead
GOP Field for 2012... [Rep.
Ron Paul takes second in New Hampshire CNN poll ]
In Obama's Hometown, Romney Criticizes
Econ Policies...
Sends Left-Over Pizza to
Obama HQ...
Will formally announce run on
June 2...
'PATRIOT ACT' CLEARS CONGRESS
-- WILL BE SIGNED INTO LAW BY A MACHINE...
60 DAYS: GOP senators press
Obama on war powers...
Pile of American debt --
would stretch beyond stratosphere!
House members' stock market
success suspect...
Congressional bonuses handed
out during budget crisis...
Loughner removed from
courtroom after outburst...
Found too
american to stand trial...
Gold, silver coins to be
legal currency in Utah...
DAY 3: MORE TWISTERS...
At least 14 more killed...
VIDEO...
Fresh Twisters
Touch Down...
At least 7 more killed...
Death toll reaches 124 in
Joplin; Deadliest in half century..
1,500 Reported
Missing...
TORNADO SWARMS DEADLIEST IN
MORE THAN HALF CENTURY
HEARTLAND
DEVASTATION...
116 dead, nearly 500 twister
deaths this year...
VIDEO... PHOTOS...
AUDIO TERROR: 'I LOVE YOU
ALL'...
'I'm alive!' text message
saves man's life...
1,500 rescuers work through
pouring rain...
Threats of more to
come...
Looting in Minneapolis...
State Treasurer Warns Bond
Houses Against Further Loans to Illinois...
NYT: 'Is Anti-White Bias a
Problem?' [ … In what
some have called the new post-racial era, what constitutes discrimination is
shifting. The landmark Supreme Court case, Ricci
v. DeStefano, for example, ruled that white firefighters suffered
discrimination when their employer threw out a promotional exam because none of
the African-American firefighters who took the test qualified for promotion
…’ 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
UPDATE: $24B in bailout paid
to contractors who owe millions in taxes...
Palestinians: netanayahu
Speech is 'declaration of war'...
SUPREME COURT ORDERS CA TO
RELEASE UP TO 46,000 PRISONERS...
'Terrible things
are sure to happen'...
JERRY BROWN: 'Let's raise
taxes!!!'
FEDS SPEND MILLIONS STUDYING
SHRIMP ON TREADMILLS?? 'GELATIN WRESTLING' IN ANTARCTICA??
Melon-sized hail fell before
OK tornadoes hit...
Number 'missing' lowered to
156...
Death toll reaches 132...
Zuckerberg Shock: 'Only meat I'm
eating is from animals I've killed myself'... ‘"The
only meat I'm eating is from animals I've killed myself," says the
Facebook founder and CEO. It's an odd dietary direction for the 27-year-old
Internet billionaire, but since he has taken to killing goats, pigs and
chickens, "I'm eating a lot healthier foods. And I've learned a lot about
sustainable farming and raising of animals," he says. "It's easy to
take the food we eat for granted when we can eat good things every day."
Zuckerberg's new goal came to light, not surprisingly, on Facebook. On May 4,
Zuckerberg posted a note to the 847 friends on his private page: "I just
killed a pig and a goat."’ [ See 'Mark Zuckerberg' knife a pig ]
Choose Your Hathaway: Berkshire or Anne Sizemore May 26, 2011 ‘When the actress' name
is in the headlines, Berkshire Hathaway share prices rise, proof that
"robotrading" puts many investors at risk.’ ‘Given that algorithmic
trading now accounts for 70% of all trading, it’s not implausible. Sadly, this
is what the investment management profession has degenerated into.’ [ As to his
‘blood in the streets refeerence’ … sadly … coming to a theater ner you. ] [ I
just had to include this article, emphasizing the folly / fraud of wall street.
Well done! But butt buffet? Wall street shill, he ultimately goes out a buffoon
and fraud friend of wall street; a further sign of pervasively corrupt, defacto
bankrupt american decline. But, ‘puppy-dog-eyes’? How ‘bout ‘cat’s eyes’, as in
Catwoman. Don’t forget Chuck, ‘mnemonics’,
loosely speaking, are kind of like in a clichéd sort of way, that
‘double edged sword that cuts both ways’ … you know, ‘Tom Sizemore’ … are you
related? ] We’ve always admired Berkshire Hathaway (BRK-A) Chairman Warren
Buffett. He is, after all, the most successful investor in history and a legend
in his own time. Mr. Buffett’s annual reports are fountains of investment
wisdom that should be required reading in business
schools and for everyone in the money management profession.We’ve also had an
admiration for the Hollywood actress Anne Hathaway for many years, though we
know nothing of her investment acumen. Some readers of the Sizemore Investment
Letter might be interested to know that the 28-year-old Ms. Hathaway will be
starring in next year’s Batman movie, The Dark Knight Rises, as the
Catwoman. Berkshire Hathaway shareholders had better hope that her performance
generates its share of press. Their investment returns might depend on it.Yes,
dear readers, you read that correctly. As ridiculous as it might sound, the
price of Berkshire Hathaway’s (BRK-B) shares move in tandem with Ms. Hathway’s
film career. Consider what the Financial Times had to say on the matter:
Anne Hathaway is young, beautiful and excels in soppy romantic
comedies. But while her puppy-dog-eyes bring tears to multiplexes worldwide,
her performances are now being watched in a less familiar quarter: Wall Street.
Traders barely noticed that the star of The Devil Wears Prada had hosted last
month’s Oscars, until blogger Dan Mirvish spotted an odd pattern: if Ms.
Hathaway is in the news, Warren Buffett’s Berkshire Hathaway stock jumps too.
Berkshire shares rose 2.02% the night before Ms. Hathaway hosted the Oscars,and
a whopping 2.94% the day after. The opening day of her 2009 comedy Bride
Wars was also a good day for Berkshire stock
-- up 2.60%. And why might Anne Hathaway be having this effect on Berkshire
Hathaway’s price? Mirvish suggests that “robotraders” are scanning the
headlines looking for trends, and upon seeing multiple mentions of “Hathaway,”
are automatically buying Berkshire Hathaway stock. Given that algorithmic
trading now accounts for 70% of all trading, it’s not implausible. Sadly, this
is what the investment management profession has degenerated into. Real “roll
up your sleeves” research is too much work. Who has time to read the notes to a
balance sheet, after all? Even technical analysis, which has always had its
share of the mentally lazy who prefer cheap shortcuts they rarely understand,
is now too much work. Yes, instead we now have computers
reading the newspapers for us and buying Berkshire Hathaway stock every time
Anne Hathaway gets photographed by the paparazzi. Brilliant. The bad news is
that this kind of nonsensical noise trading adds to the volatility of the
markets. Remember last year’s “Flash Crash” in which the Dow dropped 1,000
points for no discernible reason only to gain most of it back almost instantly?
Though there has yet to be a satisfactory answer as to what happened that day,
most blame the crash on algorithmic trading run amok. The timing of the Flash
Crash, just a year after the worst bear market in a generation, added to the
sense of alienation that many retail investors
feel towards Wall Street. The man on the street can be forgiven for concluding
that it is a rigged game. The truth is, Wall Street really is a rigged game and
it always has been. And even with the massive regulatory apparatus ostensibly
put in place to protect the “little guy,” the reality is that Wall Street will
most likely always be a rigged game.
The good news is that it really doesn’t matter. Level-headed investors can
still do quite well, so long as they play to their strengths. Remember,
robotraders have time horizons measured in seconds. You can’t compete with that
if you are attempting to trade on speed. But if you choose your investments
well -- like Mr. Buffett -- you can do very well with time horizons measured in
months, years, or even decades.
Those investors willing and able to make bold bets against the herd can also do
quite well. Again returning to Buffett, “You have to be fearful when others are
greedy and greedy when others are fearful.”
Or as Baron Rothschild more bluntly put it, “The time to buy is when there is
blood in the streets.” Investors who were able to buy during the pits of the
Flash Crash made a fortune in a matter of minutes. Those who bought during the
post-Lehman meltdown of late 2008 had to wait a bit longer but still enjoyed
fantastic returns in the two years that followed. At my firm, this is how we
approach investing. We focus on themes with staying power -- demographic
trends, the rise of the emerging market middle class, and long-term dividend
growth, to name a few. We look for opportunities where a given stock -- or the
stock market as a whole -- have been mispriced due to investor fear, greed or
lack of understanding. And then we invest
accordingly. And as for the lovely Ms. Hathaway, we enjoy our starlets on the
silver screen, but we don’t let them affect our investment decisions.’
‘Dancing
With the Stars’: Season 12 ‘Idol’
names winner in record vote Goodbye Oprah (Washington Post) [ I must admit, never
having seen even one of the foregoing shows, the ‘dry heaves / nausea’ factor
at even the thought of same may seem, in light of their popularity, less than
fair or objective. The truth is that more probable is the ‘deamericanization factor’
that I and I believe the rest of the world is experiencing. I usually don’t
comment on entertainment matters; but, a sign of the times is noteworthy. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
This is an especially great opportunity to sell / take
profits while you still can since there's much worse to come! Remember: ‘Sell
in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.]
Washington
area’s Asian population booms (Washington Post) [ This seems to foreshadow
that almost mythical, legendary, prospective ‘long march’ so heralded in
Chinese lore (at least the military’s) regarding the final conquest of
pervasively corrupt, defacto bankrupt, and rapidly declining america. I’d say
they’re watching ever more closely the ever more worthless american paper
they’re holding. 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
Dems find themselves in a tough spot (WP) [ Tough spot? Like Iraq and a
hard place called Afghanistan; indeed they are. [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones | U.S. intelligence is that bin Laden needs dialysis every 3 days/ http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Roche 'The worst part of it ...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’ 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 WP Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
]
Why
we read Palin’s tell-all The
underlying interest says something more primal than simply our fascination with
Mama Grizzly. (Washington Post) [ I’d say it’s more of a curious fascination
with the ‘new american dumb’. After all, who can deny the boost she got from
SNL’s Tina Fey’s impresarios highlighting same. Yet, in comparison with and
juxtaposed to the rest of the Washington field (mccain, bush, wobama, et als),
she’s got plenty of cover / camouflage. Send to a friendSarah Palin: Don't pick on Donald Trump
Politico - Even
though Donald Trump has wholeheartedly embraced the wall-to-wall media coverage
that's come with his promotion of the widely discredited “birther” issue, Sarah
Palin argued Tuesday that the press is treating him ... Trump's business success claims questioned CBS News ‘…Trump hotels and casinos in Atlantic City have
filed for bankruptcy protection three times. While Trump blamed market forces,
he has long been chairman of the board for the casino businesses.In his
defense, Trump said he "didn't run the company." Isikoff then asked
why he was paid $2 million per year to chair the board of that business. Trump
replied: "Excuse me. Because I'm a genius, okay."Trump said many
different businesses license the use of his name, but he's not directly
involved in their operations.Casinos have not been the only weakness in the
Trump empire. There have been many high profile bankruptcy filings, bad real
estate deals, and a trail of ongoing lawsuits accusing him of bad business
practices.Another questionable move was "Trump University," an
online, for-profit business education firm. The attorney general in Texas
ordered him to stop using the word "university" in its title. Trump
said his company was unaware of restrictions on the use of that word.Isikoff
also said he asked Trump if he thought the state of Hawaii was lying in regards
to Obama being born there, and he did not answer the question. In summation of
his experiences that qualify him to be President of the United States, Trump
told Isikoff: "My successes...have been vast. I don't even view myself as
having failures, and I certainly learned from things that don't work out as
well." ‘ As Trump rants, TV ratings slide Tampabay.com Parker:
The GOP plays a crazy Trump card (Washington Post) [ I don't know what polls
Ms. Parker's referring to; but unless she's referring to mobster trump
apprentice news (trump was fired from his own casino company), that certainly
doesn't comport with polls I've read. Moreover, like palin, trump's the joke
that keeps on giving (for SNL, late-night talk hosts, etc.) ...’ ]
Allan Sloan
A Wall Street money maven suggests
buying stocks of some large-capitalization U.S. multinational firms.
(Washington Post) [ Sorry Mr. Sloan. Your usual right-on perspicuity is a bit
off here; certainly in terms of time. That was the strategy in light of the
dollar debasement which, along with
continued fraud among other manipulations,
has created a stock-price bubble almost of unprecedented magnitude
(infra). The best advice now comports with that old adage: ‘Sell in May and go
away’. This is an especially great opportunity to
sell / take profits while you still can since there's much worse to come! Remember:
‘Sell in May and go away! ‘ … Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart. 2) Professor Shiller at
Yale figures that the present price-to-earnings ratio for the Standard & Poor’s 500 is in the area of 26. The historical average is about 16. 3) The failure of the
financial sector to keep up is a significant
negative divergence for the entire market. 4) Key market leaders are
rolling over in price... ‘
Global
Economy Dying on the Vine Nyaradi ‘The global economy seems to be dying on the
vine as more news of economic slowdown pours in every day. The U.S. stock
market and ETFs continue to react negatively to deteriorating economic news
even as the Federal Reserve bought $6 Billion in their POMO operations
yesterday.The DJIA, S&P 500 and NASDAQ are all below their 50 Day Moving
Averages while the NASDAQ has also dropped below its 100 Day Moving Average.The
NASDAQ and DJIA are now on Point and Figure “Sell” signals, having experienced
a Bearish Catapult Breakdown at Tuesday’s close and now has a price target of
12,050.
http://static.seekingalpha.com/uploads/2011/5/25/saupload_djiapf052411.png stockcharts.com,
click to enlarge
…
Richmond Federal Reserve reported a severe drop in activity in the region as
the report actually contracted to -6 from a +10 in April. China’s Purchasing Manager’s Index declined, Japan
is back in recession and Belgium, one of the core countries in the eurozone was
issued a credit downgrade warning by the Fitch ratings agency. Spain’s bond premium to the
benchmark German Bund is back to January’s levels and Greek 10 Year Bonds are a whopping 17%
which is clearly unsustainable. Closer to home, Vice President Biden continues
to work with Congress towards what they’re labeling a $1 Trillion down payment to avert a
government shutdown in August and the Illinois State Treasurer says his state
is on the “verge
of financial disaster.” …’ ]
Geithner:
‘Dark forces’ working against overhaul (Washington Post) [ Yeah! And, this
was so from the date of ‘tiny tim geithner’s’ appointment, along with other
insiders. . Barack Obama: The
Naked Emperor Shocking but true revelations from David Icke (a must read) | ‘…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... 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 .. - Goldman, UBS, Citi, Credit Suisse, Deutsche, J.P. Morgan Chase,
Morgan Stanley, etc. No wonder he went back on his pledge to accept the
limitations of public funding … Obama is just more of the same, a big smile
with strings attached, and controlled completely by those that chose him,
trained him, sold him and provided his record funding, kept his many skeletons
under wraps, like the gay sex and crack cocaine .. 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?), ... Obama is just another Banksters' moll
prostituting himself .., 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, …
Zionist Tim Geithner (Bilderberg Group, Trilateral Commission, Council on
Foreign Relations), was appointed Treasury Secretary, 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, Citi, Council on Foreign Relations, and economic advisor to Obama.
Rubin, ..Illuminati Bilderberg Group, the man behind Citi's debacle.. rescued
by taxpayers' money. The very people who caused the financial crisis ..
appointed by Obama .. 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 ...’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Drudgereport: USA
HITS DEBT CEILING...
TREASURY
RAIDS PENSIONS...
PUTIN
DECIDES TO RETAKE PRESIDENCY
GALLUP:
Romney, Palin Lead GOP Field for 2012...
In
Obama's Hometown, Romney Criticizes Econ Policies...
Sends
Left-Over Pizza to Obama HQ...
Will
formally announce run on June 2...
'PATRIOT
ACT' CLEARS CONGRESS -- WILL BE SIGNED INTO LAW BY A
MACHINE...
60
DAYS: GOP senators press Obama on war powers...
Pile
of American debt -- would stretch beyond stratosphere!
House
members' stock market success suspect...
Congressional
bonuses handed out during budget crisis...
Loughner
removed from courtroom after outburst...
Found too american to stand trial...
Gold,
silver coins to be legal currency in Utah...
DAY
3: MORE TWISTERS...
At
least 14 more killed...
VIDEO...
Fresh Twisters Touch Down...
At
least 7 more killed...
Death
toll reaches 124 in Joplin; Deadliest in half century..
1,500 Reported Missing...
TORNADO
SWARMS DEADLIEST IN MORE THAN HALF CENTURY
HEARTLAND DEVASTATION...
116
dead, nearly 500 twister deaths this year...
VIDEO...
PHOTOS...
AUDIO
TERROR: 'I LOVE YOU ALL'...
'I'm
alive!' text message saves man's life...
1,500
rescuers work through pouring rain...
Threats of more to come...
Looting
in Minneapolis...
State
Treasurer Warns Bond Houses Against Further Loans to Illinois...
NYT:
'Is Anti-White Bias a Problem?'
[ … In what
some have called the new post-racial era, what constitutes discrimination is
shifting. The landmark Supreme Court case, Ricci
v. DeStefano, for example, ruled that white firefighters suffered
discrimination when their employer threw out a promotional exam because none of
the African-American firefighters who took the test qualified for promotion
…’ 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
UPDATE:
$24B in bailout paid to contractors who owe millions in taxes...
Palestinians:
netanayahu Speech is 'declaration of war'...
SUPREME
COURT ORDERS CA TO RELEASE UP TO 46,000 PRISONERS...
'Terrible things are sure to happen'...
JERRY
BROWN: 'Let's raise taxes!!!'
FEDS
SPEND MILLIONS STUDYING SHRIMP ON TREADMILLS?? 'GELATIN WRESTLING' IN
ANTARCTICA??
Zuckerberg
Shock: 'Only meat I'm eating is from animals I've killed myself'...
‘"The only meat
I'm eating is from animals I've killed myself," says the Facebook founder
and CEO. It's an odd
dietary direction for the 27-year-old Internet billionaire, but since he has
taken to killing goats, pigs and chickens, "I'm eating a lot healthier
foods. And I've learned a lot about sustainable farming and raising of animals,"
he says. "It's easy to take the food we eat for granted when we can
eat good things every day." Zuckerberg's new goal came to light, not
surprisingly, on Facebook. On May 4, Zuckerberg posted a note to the 847
friends on his private page: "I just killed a pig and a goat."’
Global
Economy Dying on the Vine Nyaradi ‘The
global economy seems to be dying on the vine as more news of economic slowdown
pours in every day. The U.S. stock market and ETFs continue to react negatively
to deteriorating economic news even as the Federal Reserve bought $6 Billion in
their POMO operations yesterday.The DJIA, S&P 500 and NASDAQ are all below
their 50 Day Moving Averages while the NASDAQ has also dropped below its 100
Day Moving Average.The NASDAQ and DJIA are now on Point and Figure “Sell”
signals, having experienced a Bearish Catapult Breakdown at Tuesday’s close and
now has a price target of 12,050.
http://static.seekingalpha.com/uploads/2011/5/25/saupload_djiapf052411.png stockcharts.com,
click to enlarge
Yesterday’s
economic reports gave the stock market a quick boost at the open when new home
sales came in at +7.3% and an annualized rate of 323,000/year which still is at
severely depressed levels. But then, the Richmond Federal Reserve reported a
severe drop in activity in the region as the report actually contracted to -6
from a +10 in April. China’s Purchasing Manager’s Index declined, Japan is back
in recession and Belgium, one of the core countries in the eurozone was issued
a credit downgrade warning by the Fitch ratings agency. Spain’s bond premium to
the benchmark German Bund is back to January’s levels and Greek 10 Year Bonds
are a whopping 17% which is clearly unsustainable. Closer to home, Vice
President Biden continues to work with Congress towards what they’re labeling a
$1 Trillion down payment to avert a government shutdown in August and the
Illinois State Treasurer says his state is on the “verge of financial
disaster.” …’
Is the U.S. Worse
Off Than Europe? Maierhofer ‘… Deception and naive reporting are as
intertwined with the evolution of European dept woes as Feta cheese is to Greek
culinary culture. Rarely has this become more obvious than now. Luxembourg's Prime Minister didn't beat around the
bush: 'When it becomes serious, you have to lie.' You be the judge whether it
is more 'honorable' to omit, deceive, obstruct, misconstrue, or lie (purposely
or unintentionally). There are plenty of examples so we can make an educated
decision.You shouldn't throw stones if you are sitting in a glass house. This
is the case with the United States. The administration has engaged in all kinds
of maneuvers and financial alchemy to obstruct the truth and prevent free
market forces from expressing themselves. QE2 is the most famous example. Mr.
Bernanke is caught in his very own web of financial engineering side effects.
Preaching on one hand that QE2 was supposed to inflate assets and create a
wealth effect but denying that QE2 has caused wide spread food and energy
inflation. Another example is the 'adjustment' of accounting rule 157, demanded
and sanctioned by Congress. The 'new and improved' rule 157 allows banks
(NYSEArca: KBE) and financial institutions (NYSEArca: XLF) to omit hundreds of billions of toxic assets in an off
balance sheet bucket that doesn't affect earnings results …’
[video]
Growing Bear Signs for trader
The
S&P 500's Lost Decade Short
‘Here is a new update of a chart that illustrates the total return performance
of the S&P 500 since the Tech Bubble closing high on March 24, 2000. The
chart shows the value of $1000 invested in the index, including dividends, but
excluding any taxes or fees, as of May 20th. I've also included the real value
using the Consumer Price Index for the inflation adjustment. http://static.seekingalpha.com/uploads/2011/5/25/saupload_sp500_total_20return_on_1000_invested_in_2000_thumb1.png
Click
for a larger image I calculated on the returns based on the daily price and
daily dividends interpolated from the quarterly dividends as reported by
Standard & Poor's. Thus the $1,070 nominal and $809 real values are the
hypothetical returns excluding any taxes or fees. For the sake of comparison
and to validate the calculation method, we can compare the nominal return in
the chart above to Vanguard's 500 Index Investor Fund (VFINX), which has had a return
of $1,057. Over the same timeframe The SPY ETF has returned $1,044.We're now
over eleven years beyond the S&P 500 2000 high. This little charting
exercise gives credence to the frequent reference to a "lost decade"
for investors. It also offers support for the wisdom of diversification across
asset classes.’
[$$] Another Late-Day Slide for the S&P
This is an especially great opportunity to sell / take profits while you still can since there's much worse to come! Remember: ‘Sell in May and go away! ‘ … El-Erian: “Financial Repression” In the Form of a Negative Real Rate of Return for Savers Is Coming to America Pimco co-chair El-Erian is saying that the major flaws in the financial system will not be addressed, the government will keep on printing money, and that the inflation-adjusted return on investments for most Americans will be negative. Stock Market: 4 Current Warning Signs Navin ‘…1) The 5-year high in the level of insider corporate stock sales is telling. At 565 sells for every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be selling some of their stocks so they can buy new yachts and some of this is pre-planned. But that ratio — which has spiked recently — is extraordinarily high, one might even say off-the-chart. 2) Professor Shiller at Yale figures that the present price-to-earnings ratio for the Standard & Poor’s 500 is in the area of 26. The historical average is about 16. 3) The failure of the financial sector to keep up is a significant negative divergence for the entire market. 4) Key market leaders are rolling over in price... ‘
Top
Democrats criticize Obama’s Israel policy
Now the president — whom critics often accuse of employing a
play-it-safe governing style in which he waits for others to take the lead — is
largely isolated politically in raising the issue of 1967 boundaries.
(Washington Post) [ What policy … to him, just words … more b***s*** . I’ve
thus far refrained from commenting on what I’ve anticipated to be ‘just more of
the same’; empty rhetoric. Pervasively corrupt, defacto bankrupt america makes
the wrong choice at every turn, ensuring in every way, decline and fall;
self-destructive, self-defeating. Make no mistake, and let me reiterate, that
substantially underrated President General Eisenhower would have put American
interests first and the current debacle would never have occurred in the first
instance … see, ie., http://albertpeia.com
, historical documentation, from website: http://www.ameu.org ‘Lest We Forget The Israeli lobby in
Washington has successfully influenced the U.S. Congress to give billions of
non-repayable dollars each year to Israel on the premise that Israel's loyalty
and strategic importance to the United States make it an ally worthy of such
unprecedented consideration. Is it ? In his Farewell Address, George Washington
warned Americans to avoid a passionate attachment to any one nation because it
promotes "the illusion of an imaginary common interest in cases where no
real common interest exists." 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. Israeli actions over the past 53 years involving U.S. interests
in the Middle East seriously challenge the "strategic asset" premise
of the Israeli lobby. Some of these actions are compiled in the list that
follows: …’ ] Netanyahu
lays out vision for Mideast peace (Washington Post) [ Vision? Don’t make me laugh! The guy’s
blind; and a ward and provocateur at america’s substantial cost and detriment.
]
Poll:
More fear U.S. debt than default
Whether or not Congress raises the debt limit, majority of Americans are
worried about the consequences. (Washington Post) [ How ‘bout all of the above! “Both
Parties And The White House Are Advocating A US Default” Zero Hedge | David Stockman, one of
the few voices of fiscal prudence, debated US insolvency.
David
Stockman: “Both Parties And The White House Are Advocating A US Default” Last
week David Stockman was on Tom Keene, making the usual media rounds (sometimes
we marvel at his patience and endurance), as one of the few voices of fiscal
prudence available to TV producers who seek to hold a balanced debate on the
topic of US insolvency.
Stop Raising the Debt
Ceiling Ron Paul |
When our creditors finally wise up and cut us off, we will be forced to face
economic realities whether we want to or not.
Harry
Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out Market Downturn Approaching; Go Long the Ultra Shorts? White ‘.. consistently bad
economic .. Following is a brief list (mostly from Yahoo Finance‘s Economic
Calendar) of troubling news: …1-20…’ This is an especially great opportunity to
sell / take profits while you still can since there's much worse to come!
Remember: ‘Sell in May and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
· The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Treasury
to tap pensions to fund government (WP) 24 Signs Of
Economic Decline In America States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. ]
Market Downturn Approaching; Go Long the Ultra Shorts? White ‘It is time to worry about a market downturn. There
has been almost consistently bad economic news reported in the U.S. in the last
week. Following is a brief list (mostly from Yahoo Finance‘s Economic Calendar)
of troubling news:
- The Trade Balance for March was worse than
expected at -$48.20B vs. an expected -$47.00B (the previous month’s was
-$45.40B). Pundits are speculating that this will result in a lowering of
the Q1 GDP estimate, which is due out May 26.
- The Mississippi Flood is the worst in a
century-- this alone will depress the Q2 GDP. Shipping down the
Mississippi has slowed (or sometimes stopped). Huge numbers of casinos
have closed. Farms and towns have been flooded.
- The PPI missed at 0.80% vs. an expected 0.60%.
The Core PPI missed at 0.30% vs. an expected 0.20%. Also, the continued
large spread between the CPI and PPI numbers means that many companies are
eating a good part of the quickly increasing input costs. This should hurt
margins going forward.
- Retail Sales (MoM) missed at +0.50% vs. an
expected +0.60%.
- Some good news Friday had the Michigan Consumer
Sentiment Index beat at 72.40 vs. an expected 70.00.
- The NY Empire State Manufacturing Index missed
at 11.90 vs. an expected 19.60.
- The TIC Net Long-Term Transactions missed at
$24.00B vs. an expected $57.70B.
- The NAHB Housing Market Index missed at 16 vs.
an expected 17.
- Housing Starts missed at 0.52M vs. an expected
0.57M.
- Building Permits missed at 0.55M vs. an expected
0.59M.
- The Capacity Utilization Rate missed at 76.90%
vs. an expected 77.70%.
- Industrial Production (MoM) missed at 0.00% vs.
an expected +0.50%.
- Several blue chip companies such as Cisco (CSCO)
and Hewlett Packard (HPQ) gave very weak guidance going
forward, as though they are expecting a soft spot in the economy.
- The Fed Minutes indicated that they had
considered ending QE2 before its stated end, but decided to proceed since
it was so close to the end. The Fed also talked about how to withdraw
stimulus. There seemed to be no serious consideration of a QE3. There are
only a few crumbs left of the manna of the market hypers (QE2).
- Congress has allowed the debt ceiling to be
exceeded. Geithner is now borrowing from Peter to pay Paul, and August 2nd
is the day that he says this must stop. The Republicans are using the
threat of a default as leverage to get concessions on many of the spending
cuts they want. They will get spending cuts, which means tightening!
Tightening tends to push the equities markets down. Hopefully the U.S.
will not default.
- The USD has been rallying. The above mentioned
tightening should help the USD rally. If the USD continues to strengthen,
that could cause an unwind of the USD carry trade. This would translate
into selling of equities and commodities. A stronger USD would mean
commodity prices would likely fall.
- The Initial Jobless Claims were 409K vs. an
expected 420K, but the previous week‘s number was revised upward to 438K.
While it was pleasant to see a beat for a change, the overall trend is still
bad. The 409K means the total increase in Initial Jobless Claims in the
four weeks since the end of the last Nonfarm Payrolls surveys’ data period
has been 159K. Additionally, the 68K jobs from the one-time McDonald’s (MCD)
hiring spree that padded the last Nonfarm Payrolls report will not be
there to prop up the next report on the first Friday of June. This means
that the next report will be shy a total of 227K jobs. The Nonfarm
Payrolls number is likely to be a big disappointment.
- Existing Home Sales dipped in April to 5.05M vs.
an expected 5.22M and a previous 5.10M.
- The Philadelphia Fed Manufacturing Index missed
terribly at 3.90 vs. an expected 20.00 and a previous 18.50. This is truly
ominous when combined with the terrible NY Empire State Manufacturing
Index miss (see above).
- The Leading Indicators for April missed at -0.3%
vs. an expected 0.0%…’
In
Libya, robbery funds the revolution
Cash-strapped rebels resort to an unorthodox tactic — a bank robbery
— to help fund fight against Gaddafi
(Washington Post) [ Ah! Right!
The americanization of the revolution … robbery in any form is something that
america knows a lot about … Some have already talked about this theft as being
a prime reason for this conflict: NATO
in Libya: Besides the Oil, Is It Also a Gold Robbery? The IMF data show
Libya’s reserves to be 4.6 million ounces, a figure of nearly 144 tons. At
current market prices the value is over $6bn.
Financial
Heist of the Century: Confiscating Libya’s Sovereign Wealth Funds (SWF) The
objective of the war against Libya is not just its oil reserves (now estimated
at 60 billion barrels), which are the greatest in Africa and whose extraction
costs are among the lowest in the world, nor the natural gas reserves of which
are estimated at about 1,500 billion cubic meters. Libya:
All About Oil, or All About Banking? I have never before heard of a central
bank being created in just a matter of weeks out of a popular uprising. This
suggests we have a bit more than a rag tag bunch of rebels running around and
that there are some pretty sophisticated influences. Libyan
War Gets Weird: Defending the Indefensible Even those who have studied for
years the criminal consolidation of this planet under the global
corporate-financier oligarchy may be noticing that the war in Libya is turning
into something new and unprecedented. French,
British leaders meet about Libya
(Washington Post) [ Wow! Talk about sounding like a plan
... and all this time we thought they already had done that. After all, they
must conserve their resources; you know, that war-prone nato alliance comprised
of members almost to a nation defacto bankrupt, striving to emulate 'lead war
nation' america's defacto bankrupt status.
] The countries struggled Wednesday to come up with new
tactics to topple Moammar Gaddafi without resorting to further Western military
intervention.
Libya:
Increased Airstrikes, Ground Troops, Contractors, Civilians Killed, Deadly DU
Munitions – Can We Call This A War Yet? The globalist
coalition refers to it as ‘kinetic military action’, yet as more civilians are
killed in NATO bombings, and with experts adamant that deadly Depleted Uranium
weapons are being used by Western forces, the conflict in Libya looks a hell of
a lot like the occupations of Afghanistan and Iraq all over again.
‘Depleted
uranium’s toxic legacy to poison Libya for 40 years’ Military experts are accusing coalition forces in Libya of using depleted
uranium in their air strikes. The deadly substance can cause cancer and
physical mutations in those who come into close contact with it.
63
percent of people killed in Iraq war were civilians: report Xinhua
| U.S.-led wars in Iraq and Afghanistan have been
causing huge civilian casualties.
]
GOP
rejecting ‘root-canal economics’ The
debate about the impact of immediate budget cuts on a fragile economy is at the
core of a showdown over how and when to trim the deficit. While Republicans say
a swift spending cut doesn’t have to be painful, many economists warn it comes
at a cost. (Washington Post) [
Economists? You mean the ones who helped get us here in the first place,
including ‘no-recession-helicopter-ben-b.s.-bernanke’? Root canals? So what!
That’s what novacaine’s for … This is an especially great opportunity to sell / take
profits while you still can since there's much worse to come! Remember: ‘Sell
in May and go away! ‘ … El-Erian:
“Financial Repression” In the Form of a Negative Real Rate of Return for Savers
Is Coming to America Pimco co-chair El-Erian is saying that the major flaws
in the financial system will not be addressed, the government will keep on
printing money, and that the inflation-adjusted return on investments for most
Americans will be negative. Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart. 2) Professor Shiller at
Yale figures that the present price-to-earnings ratio for the Standard & Poor’s 500 is in the area of 26. The historical average is about 16. 3) The failure of the
financial sector to keep up is a significant
negative divergence for the entire market. 4) Key market leaders are
rolling over in price... ‘
Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png
1Q
bank profits up, revenue down
Profits in the first quarter were the best in four years, but the
industry isn’t back on its feet yet. (Washington Post) [ ‘Simple trick’ that you’re paying for
whether you like it or not … ie., 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—‘ … America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
· The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Treasury
to tap pensions to fund government (WP)
24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed.
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Agents
irked by plan to keep Mueller
(Washington Post) [ ‘abide by ..
tenure limits’ ? I’m more concerned with, and it’s fundamentally more important
from the perspective of the FBI’s ‘mission and purpose’, that meaningful law be
abided by regarding the following:
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.) .
[ http://albertpeia.com/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).
Fight
over feral alley cats divides feline lovers (Washington Post) [ My love of cats, big and small, is no
mystery; but indeed is beyond the scope of this comment. I’ve had and loved
neutered (not by my decision / action) as well as my most recent ‘macho’
(non-neutered) cat ( I just couldn’t bring myself to ‘cutting his b***s off’ as
advised by a girl I was seeing at the time … kind of a ‘golden rule’ thing … and
knowing ‘he’d never forgive me’ … his loss to me, part of the RICO scenario,
though not part of my damages, is among the forever unforgivable parts of what
occurred therein). As for ‘taking a position’, as a noumenon, I question the
premise of any life at all in a meaningful sense in Washington d.c.; and hence,
not the best comparison for setting policy. Unlike dogs, you will not see cats
attacking and killing babies, etc.. So, I conclude that in such dire
circumstances (d.c.) where a trade-up is beneficial, such seems, though
rightfully exceptional, a sometimes favorable course, if the only choice; which
assumes procreation and continued growth of the species is not impinged upon.
Therefore, this argues for un-neutered moves to better environs. ]
This is an especially great opportunity to
sell / take profits while you still can since there's much worse to come!
Remember: ‘Sell in May and go away! ‘ … El-Erian:
“Financial Repression” In the Form of a Negative Real Rate of Return for Savers
Is Coming to America Pimco co-chair El-Erian is saying that the major flaws
in the financial system will not be addressed, the government will keep on
printing money, and that the inflation-adjusted return on investments for most
Americans will be negative. Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart.
2) Professor Shiller at Yale figures that the present price-to-earnings ratio for the Standard & Poor’s 500 is in the area of 26. The historical average is about 16. 3) The failure of the financial
sector to keep up is a
significant negative divergence for the entire market. 4) Key market leaders are
rolling over in price... ‘
Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
1. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Treasury
to tap pensions to fund government (WP)
24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
Reconciliation (Washington Post) Recap: Budget
graphs and budget tables; our fiscal future basically depends on
whether this works; and why did Republicans support a budget they
knew was politically toxic? [ Budget graphs and budget tables? Don’t ‘bet
the ranch’ on them … oh, wait … everybody already did … the ranch is indeed
upside down (worth less than what’s owed)
… the ‘new american dream / nightmare / fantasy’ … Market Downturn Approaching; Go Long the Ultra Shorts? White ‘It is time to worry about
a market downturn. There has been almost consistently bad economic news ..:
1. The Trade Balance for March was worse than expected
..will result in a lowering of the Q1 GDP estimate, which is due out May 26.
2. The Mississippi Flood is the worst in a century--
this alone will depress the Q2 GDP..
3. The PPI missed at 0.80% vs. an expected 0.60%. The
Core PPI missed at 0.30% vs. an expected 0.20%. .. This should hurt margins
going forward.
4. Retail Sales (MoM) missed at +0.50% vs. an expected
+0.60%.
5. .. Michigan Consumer Sentiment Index beat at 72.40
vs. an expected 70.00.
6. The NY Empire State Manufacturing Index missed at
11.90 vs. an expected 19.60.
7. The TIC Net Long-Term Transactions missed at $24.00B
vs. an expected $57.70B.
8. The NAHB Housing Market Index missed at 16 vs. an
expected 17.
9. Housing Starts missed at 0.52M vs. an expected 0.57M.
10. Building Permits missed at 0.55M vs. an expected
0.59M.
11. The Capacity Utilization Rate missed at 76.90% vs. an
expected 77.70%.
12. Industrial Production (MoM) missed at 0.00% vs. an
expected +0.50%.
13. Several blue chip companies such as Cisco (CSCO)
and Hewlett Packard (HPQ) gave very weak guidance going forward, as
though they are expecting a soft spot in the economy.
14. The Fed Minutes indicated that they had considered
ending QE2 before its stated end, but decided to proceed since it was so close
to the end..
15. Congress has allowed the debt ceiling to be exceeded.
Geithner is now borrowing from Peter to pay Paul, ..
16. The USD has been rallying. The above mentioned
tightening should help the USD rally. If the USD continues to strengthen, that
could cause an unwind of the USD carry trade. This would translate into selling
of equities and commodities. A stronger USD would mean commodity prices would
likely fall.
17. The Initial Jobless Claims were 409K vs. an expected
420K, but the previous week‘s number was revised upward to 438K..
18. Existing Home Sales dipped in April to 5.05M vs. an
expected 5.22M and a previous 5.10M.
19. The Philadelphia Fed Manufacturing Index missed
terribly at 3.90 vs. an expected 20.00 ..
20. The Leading Indicators for April missed at -0.3% vs.
an expected 0.0%…’ ]
Businesses
criticize whistleblower plan (Washington Post) Groups are alarmed about a
federal plan to reward company insiders and other tipsters for blowing the
whistle on corporate fraud. The SEC is scheduled to vote Wednesday on the
far-reaching proposal. [ They would … criticize and be alarmed at such plan
which would increase the cost of their bribes from current levels … U.S.
probes rely on companies' own inquiries (Washington Post) [ Tried that … doesn’t work
in pervasively corrupt, defacto bankrupt america … the last few and ongoing
crises are a testament to the failure of that approach … ] PostLeadership:
Should money buy information? (Washington Post) [ It should, particularly
since we know the converse is only too true in pervasively corrupt, defacto
bankrupt america … Obama
adopts the Bush Doctrine The May 19
Middle East speech, annotated. (Washington Post) [ Yeah! Two nut cases; two failed presidents.
The latest case of U.S.
paranoia (Los Angeles Times) [ Yeah! This really needs to be said;
particularly when you take into account the reality, that while plentiful,
american laws are all but meaningless, arbitrarily enforced at best, and ‘federales’
and their supporters (more commonly called bribes, one way or form or another)
invariably the worst offenders. Though having but
5% of the world’s population, u.s. has 76% of the world’s serial killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
NATO
launches massive Libya strike (Washington Post)Tripoli is rocked by at
least 15 huge explosions, many concentrated near Moammar Gaddafi’s compound. Senators
introduce measure supporting force [ ‘The Empire Strikes Back’ (saw that film –
the empire’s the bad guys) at … ] A
storm season on a deadly path As the death toll hits 116, the latest
tornado in Missouri has experts asking why 2011 has spawned so many deadly
storms, with many blasting heavily populated areas. (Washington Post) [ … God’s
Wrath … as good an explanation as any, especially when taking into account the
innocent blood on former empire, pervasively corrupt, defacto bankrupt america’s
hands … Market Downturn Approaching; Go Long the Ultra Shorts? White ‘It is time to worry about
a market downturn. There has been almost consistently bad economic news ..:
1. The Trade Balance for March was worse than expected
..will result in a lowering of the Q1 GDP estimate, which is due out May 26.
2. The Mississippi Flood is the worst in a century--
this alone will depress the Q2 GDP..
3. The PPI missed at 0.80% vs. an expected 0.60%. The
Core PPI missed at 0.30% vs. an expected 0.20%. .. This should hurt margins
going forward.
4. Retail Sales (MoM) missed at +0.50% vs. an expected
+0.60%.
5. .. Michigan Consumer Sentiment Index beat at 72.40
vs. an expected 70.00.
6. The NY Empire State Manufacturing Index missed at
11.90 vs. an expected 19.60.
7. The TIC Net Long-Term Transactions missed at $24.00B
vs. an expected $57.70B.
8. The NAHB Housing Market Index missed at 16 vs. an
expected 17.
9. Housing Starts missed at 0.52M vs. an expected 0.57M.
10. Building Permits missed at 0.55M vs. an expected
0.59M.
11. The Capacity Utilization Rate missed at 76.90% vs. an
expected 77.70%.
12. Industrial Production (MoM) missed at 0.00% vs. an
expected +0.50%.
13. Several blue chip companies such as Cisco (CSCO)
and Hewlett Packard (HPQ) gave very weak guidance going forward, as
though they are expecting a soft spot in the economy.
14. The Fed Minutes indicated that they had considered
ending QE2 before its stated end, but decided to proceed since it was so close
to the end..
15. Congress has allowed the debt ceiling to be exceeded.
Geithner is now borrowing from Peter to pay Paul, ..
16. The USD has been rallying. The above mentioned
tightening should help the USD rally. If the USD continues to strengthen, that
could cause an unwind of the USD carry trade. This would translate into selling
of equities and commodities. A stronger USD would mean commodity prices would
likely fall.
17. The Initial Jobless Claims were 409K vs. an expected
420K, but the previous week‘s number was revised upward to 438K..
18. Existing Home Sales dipped in April to 5.05M vs. an
expected 5.22M and a previous 5.10M.
19. The Philadelphia Fed Manufacturing Index missed
terribly at 3.90 vs. an expected 20.00 ..
20. The Leading Indicators for April missed at -0.3% vs.
an expected 0.0%…’
Gerson:
Gates’s war against defense cuts (Washington Post) [ Wow! Talk about being
out of touch … I quess after years at the cia one starts to believe their own
b***s*** / propaganda / lies to the point that, as gates, they’ve completely
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). 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! ‘ …
pervasively corrupt america is defacto
bankrupt! Senate
Dems find themselves in a tough spot (Washington Post) [ Tough spot? Like
Iraq and a hard place … called Afghanistan … indeed they are … in a tough spot
… of their own making … by a wobama prevaricating approach to most all things
despite campaign promise that belie their actions, or lack thereof. ] [Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones |
Hamid Gul, former ISI chief, talks about NATO firing on Pakistani troops and
the prospect of WWIII. Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Watson | Spooks admitted creating
hoax videotapes of Osama talking about having sex with boys. [ Yeah! This is
becoming preposterous and it’s quite amazing that anyone’s believing anything
they say. Next thing you know, they’ll be saying beyond the porn stash, Bin
Laden was a closet Christian. Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion “All
In All It Appears That Eisenhower’s Worst Fears Have Been Realized And His
Remarkable And Unique Warnings Given For Naught” Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’ 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Headley
ties Pakistani spy agency to terror group
(Washington Post) [ And, guess what? Everyone is tying american spy
agency (cia) to multiple terror groups, including of course, america
itself. Senate
Dems find themselves in a tough spot (Washington Post) [ Tough spot? Like
Iraq and a hard place … called Afghanistan … indeed they are … in a tough spot
… of their own making … by a wobama prevaricating approach to most all things
despite campaign promise that belie their actions, or lack thereof. ] Democrats
who control the Senate are blocking bills from the GOP-led House and changing
the way they are selling themselves in reelection campaigns. [ OPINION:
Words can only do so much (Washington Post) [ Especially when they’re belied by misguided
actions … . Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones |
Hamid Gul, former ISI chief, talks about NATO firing on Pakistani troops and
the prospect of WWIII. Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Watson | Spooks admitted creating
hoax videotapes of Osama talking about having sex with boys. [ Yeah! This is
becoming preposterous and it’s quite amazing that anyone’s believing anything
they say. Next thing you know, they’ll be saying beyond the porn stash, Bin
Laden was a closet Christian. Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Editorial:
Bin Laden raid no vindication of torture (WP)
[I can only wonder what the presence of substantially underrated President
General Eisenhower would have meant, and truly believe this entire debacle and
the nation’s decline would have been avoided.
“All
In All It Appears That Eisenhower’s Worst Fears Have Been Realized And His
Remarkable And Unique Warnings Given For Naught” Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’ 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
10 Facts That Prove The Bin Laden Fable Is a Contrived Hoax Paul Watson | Every indication
clearly points to last Sunday’s raid being a manufactured ploy to return
Americans to a state of post-9/11 intellectual castration.
Deja Vu - Will the End of QE Lead to 20% Correction? ‘The stock
market updates investors on a need-to-know basis. Obviously, Mr. Market feels
that all we need to know is available on a real time bases ... no matter how
much we want to peek into the future.
One heavily
debated question is how the withdrawal of QE2 cash will affect stocks.
Here we will
examine two schools of thought. One is plain vanilla, straight to the point,
and requires no fantasy or analytical ability. It's so deceptively simple it
might just be right.
The second
viewpoint is more like a rocky road mocha almond fudge kind of approach that
includes whipped cream and considers various variables.
Plain
Vanilla Approach
The plain
vanilla approach simply asks:
1) What was
QE2 supposed to do?
2) What did
QE2 accomplish?
3) What
happened when the last round of QE stopped?
1) What was
QE2 supposed to do? Ben Bernanke's goal was to create a wealth ripple effect by
artificially inflating stock prices.
2) What did
QE2 do? The stock market rallied. In addition to playing the yield curve, big
banks (NYSEArca: KBE - News) and financial conglomerates (NYSEArca: XLF - News) were given the license to 'invest' free
money uninhibited and indiscriminately.
Look at large
cap (NYSEArca: IWB - News), mid cap (NYSEArca: MDY - News) and small cap (NYSEArca: IJR - News) stocks. They are all up.
Look at the
nine main S&P industry sectors: Consumer discretionary (NYSEArca: XLY - News), consumer staples (NYSEArca: XLP - News), technology (NYSEArca: XLK - News), industrials , materials, utilities,
health care and energy. All sectors, whether cyclically sensitive or not, are
up.
Ironically,
the only sector missing in the line up of this year's success story is ...
financials. Yes, the sector that's been gorging on free money is in the red.
What does the market know that we don't? We shall soon find out.
3) What
happened when the last round of QE stopped? QE1 came to its conclusion in April
2010. From April to June 2010 the main U.S. indexes a la Dow Jones (DJI: ^DJI),
S&P (SNP: ^GSPC), and Nasdaq (Nasdaq: ^IXIC) lost around 20% until Mr.
Bernanke carefully planted the seed of QE2 hope.
Rocky
Road Mocha Almond Fudge Approach
As the name
implies, compared to plain vanilla, this approach considers more variables to
come up with an educated, but not overanalyzed, conclusion.
Like water in
a bathtub floats all the rubber ducks, QE2 has floated all the stocks.
The key
question is where will cash come from when the QE2 spigot is turned off?
The most
recent data from the Investment Company Institute shows that mutual fund cash
levels are at 3.4%. This is an all-time low. What does this mean? If you plot
mutual fund cash levels against the S&P you will see that cash levels were
at multi-decade lows at the 2000 and 2007 peaks and at a multi-year high during
the March 2009 low.
Mutual fund
managers as a group, follow the crowd like most everyone else. It's therefore
best to take their actions as a contrarian indicator. From a supply/demand
perspective this makes sense too. If mutual fund managers are already invested
near the max, they don't have much money left to drive stocks up further
(detailed analysis featured in the ETF Profit Strategy Newsletter).
Another way to
calculate 'investable cash' is to look at margin debt and available cash. The
NYSE publishes data of margin debt and free cash of member brokerage firms.
Based on this data, 'investable cash' is at the lowest level since the 2000 and
2007 peak (detailed analysis of mutual fund assets and 'investable cash' is
featured in the ETF Profit Strategy Newsletter).
The conclusion
to the cash flow question seems simple and logical. There is very limited new
cash left to lift the 'rubber ducks' once QE2 has run its course …’
Top 3 Reasons Markets were Down After Europe Debt Woes Continue
Euro Debt Dumping Pushes VIX to This Scary Level
Drowning
in Debt Nyaradi ‘Debt, debt and more debt flared into global financial
crises last week as central banks from Greece, to Spain and the United States
grappled with the imperiled finances of sinking nation states. Sovereign debt,
along with bearish technical and fundamental indicators, makes this a
treacherous moment for stock market investors both at home and abroad.
On My
Investing Radar
The NYSE
Bullish Percent Index is one of the major charts I watch for long term trends
in ETFs and the U.S. stock market and the NYSEBP turned bearish this week which
is yet another warning flag going forward into the “sell in May” and go away
period. Click to enlarge:
http://static.seekingalpha.com/uploads/2011/5/23/saupload_bpny052211_300x261.png
Chart courtesy of stockcharts.com
The NYSE
Bullish Percent Index measures the percent of all NYSE stocks on a point and
figure buy signal, and this index switched to “bear confirmed” as of May 20,
2011 which indicates a significant change of tone for the broad U.S. stock
market.
http://static.seekingalpha.com/uploads/2011/5/23/saupload_spx052211_300x300.png
Chart courtesy of stockcharts.com
This
traditional chart of the S&P 500 (SPY)
shows the index below its 20 Day Moving Average, which now becomes resistance,
and above its 50 Day Moving Average which represents major support. A break
below the 1325 level on the S&P 500 would represent a serious breakdown and
make steeper declines a more likely possibility ahead for ETFs across all asset
classes.
The View From
35,000 Feet for Global Stock Markets
Sovereign debt was the issue of the week as countries
around the world struggle with what increasingly look like unsustainable debt
loads.
Greece: The problem child of Europe continued causing problems this week with
Fitch cutting their ratings and putting the country on negative outlook while
their Prime Minister says there’s no way they will need to restructure their
debt. But more and more it’s becoming obvious that at least a “soft
reprofiling” might be on the way and the market anticipates problems ahead with
the 10 Year Bond yield hitting new highs last week.
The big problem here is that a number of big European
banks are on the hook for Greek debt and some fear that default could trigger a
significant banking crisis/collapse in Europe.
Portugal: The IMF approved a $36 Billion bailout for Portugal to give it some
“breathing room” to deal with its economic problems.
Italy: S&P lowered Italy’s outlook to negative.
Spain: This “too big to fail” country was wracked with demonstrations this
week in defiance of a nationwide ban as mostly young people protested a
national unemployment rate of approximately 20% that reaches as high as nearly
50% among youth in their teens and early twenties. The Socialists are forecast
to take heavy losses in this weekend’s elections and several articles in the
general media pointed to the possibility of piles of “hidden debt” being
uncovered in the provinces after the elections, as some reports indicate that
debt has been kept off the official books to make things seem better than they
are.
United States: The Treasury Department continues to take
“extraordinary” measures to keep the U.S. afloat as it has maxed out its credit
card of $14.3 Trillion. D-Day for a debt limit increase is August 2nd when the
country would need to borrow again or default. Vice President Biden is leading
talks about cuts and tax increases but Republicans and Democrats appear to be
trillions of dollars apart as the clock ticks on.
Weekly Economic
and Financial Developments:
As I reported in one of my mid-week updates the news
was mostly bad:
- Japan has reentered recession, its economy
plunging for the First Quarter at a -3.7% annualized rate, twice as deeply
as expected.
- May Empire Manufacturing Index: 11.9 vs 21.7 previously
- April Housing Starts: 523,000 versus 585,000
previously
- April Building Permits: 551,000 versus 574,000
previously
- April Industrial Production: 0.0% versus 0.7%
previously
- April Existing Home Sales: 5.05 million versus
5.09 previously, a -13% year over year decline
- May Philadelphia Fed: 3.9 versus 18.5
previously, down from 43 just two months ago which was the highest reading
since 1984.
- April Leading Indicators: -0.3 versus -0.7, the
first decline since last June
The only glimmer of positive data was in Initial
Unemployment Claims which declined to 409,000 versus 438,000 last week, but
still above the psychologically and statistically significant 400,000 level.
What This All
Means To You, the ETF or Stock Market Investor
What this means to us is that risk in the U.S. stock
market is running high and the chance of a significant correction is relatively
high.
At Wall Street Sector Selector, we continue to expect
lower prices ahead in global stock markets and maintain our inverse ETF and put
option positions.
The Investing Week Ahead
Major Economic and Financial Issues/Themes
Lots of important economic reports will come our way
this week and be potential market movers. We’ll get news from the beleaguered
housing market and on Thursday we’ll see the second estimate of the all
important Q1 GDP.
Tuesday: April New Home Sales
Wednesday: April Durable Goods
Thursday: Initial Unemployment Claims, Continuing
Claims, Q1 GDP second estimate
Friday: April Personal Income, April Personal
Spending, March Pending Home Sales …’
All
Three Major Indices Back Below 50-Day Moving Averages
-
Weekly Market Outlook: Actual Employment Numbers Are Weak Headley ‘For the third week in a row, stocks lost
ground. It wasn’t a big loss (only about a third of a percent), but after three
straight weeks of them, questions have to be asked. We’ll ask them all below,
right after we take a bigger-picture look at recent and upcoming economic data.
Economic
Calendar
Last week was
a big one on the real estate front, but not a good one. Starts fell from 585K
to 523K, and permits fell from 5574K to 551K; both were well short of
expectations. Existing home sales also fell, from 5.09 million to 5.05
million…. well beneath the forecasted rate of 5.23 million.
Factories,
however, appeared to remain busy. Capacity utilization stands at 76.9% as of
the end of last month, which is just a tad under the prior month’s 77.0%.
Industrial production growth was flat last month, but the productivity index
(not cited on the calendar below, but plotted on our chart) is still hovering
at multi-year highs. Though no ‘growth’ is evident, just maintaining output
levels can still led to the stability needed to foster broad economic growth.
Take a look (click charts to expand):
Capacity
Utilization and Industrial Productivity Index
http://static.seekingalpha.com/uploads/2011/5/23/saupload_052211_capacity_productivity.png
On the
joblessness front, we’re seeing what appears to be tepid improvement, via a
diminishing number of new and continuing unemployment claims. The former fell
from 438K to 409K last week, while the latter fell from 3.792 million to 3.711
million.
That said,
there’s an employment number you rarely (if ever) hear… the actual number of
working Americans. That number isn’t getting better. As of the end of April,
139.6 million U.S. workers are actually employed. That’s about the same number
of employed workers we saw in the middle of 2009, and the improvement since the
middle of last year has almost been immeasurable. How can this happen while
claims figures are dropping? Simple – those claims figures don’t include the
unemployed who have (1) seen their benefits expire, (2) have stopped filing
claims, and (3) are employed, but underemployed.
Take a look at
the chart of the actual number of working Americans:
Employed
U.S. Workers
http://static.seekingalpha.com/uploads/2011/5/23/saupload_052211_employed.png
And as always,
the economic details for the prior and coming week:
Economic
Calendar
http://static.seekingalpha.com/uploads/2011/5/23/saupload_052211_econ_data.png
The coming
week will be relatively busy, but not everything is hard-hitting. Here are the
biggies to watch out for.
- Tuesday: The real estate picture ill be rounded
out with new homes sales levels for April. Look for an annualized rate of
300K per year.
- Wednesday: More real estate data… the FHFA
Housing Price Index, which is a broad barometer for all home value
changes.
- Thursday: New and ingoing unemployment claims,
as usual. Look for slight drops for both.
- Friday: How sick or healthy is the consumer?
Changes in income levels and spending levels will tell the tale. Income is
expected to be up 0.4%, and right back to our old ‘spend more than we
make’ ways, consumer spending is expected to have increased by 0.5% for
April.
- Friday: Pending home sales put the final touches
on the most recent real estate update; the pros are expecting a 1.8% dip
for March.
S&P 500 Index
All told, the S&P 500 (SPX) (SPY)
gave up 4.5 point (-0.33%) last week to end Friday’s session at 1333.27. Had it
not been for Friday’s 10.3% loss though, the market would have ended the week
with a gain….. not that Friday’s something we can just delete from the
scoreboard.
As for what’s next though, that’s a little less
clear, but there are only a couple of likely paths.
Just for the record, if Friday’s dip really is the
current direction of things and we’re pointed lower – as it appears we are –
then the SPX has just made its second lower highs after making a second lower
low (framed by pink lines). Ergo, a downtrend is in place…that’s undeniable.
The question is where it might stop falling, and reverse.
While it’s not happened yet, a floor that could do
the trick is immediately below - the 50-day moving average line (purple) at
1326. Just a tad under that level is the 100-day line (gray), at 1313. If
either or both of those lines fail to stop the bleeding, odds are good the
S&P 500 will be paying a visit to the lower 50-day Bollinger band at 1278.
What happens after that is anyone’s guess.
The other possibility here is a bullish one,
beginning with a break back above that upper purple/resistance line, which by
default would coincide with a move back above the 20-day moving average line
(blue). If that happens, then the upper Bollinger band at 1372 becomes the new
target.
In the meantime we’re in limbo, although we have to
acknowledge the bears are currently in control. As such, we have to give the
greater odds to the bears right now (though we wouldn’t be digging in too deep
on either side of the fence).
Notice how the heavier volume days were all
pullbacks, while the two rallies – Wednesday and Thursday – were on light
volume.
SPX & VIX Daily HC
http://static.seekingalpha.com/uploads/2011/5/23/saupload_052211_sp500_daily.png
What about the CBOE Volatility Index (VIX) (VXX) (VXZ) in all this?
Remember, last week was expiration week, which can skew the VIX and make it
somewhat misleading. Or in this case, the VIX was oddly unscrewed (it closed on
Friday about where it closed the prior week). That containment, however, is
still a form of skew. We want to see how it starts to move in Monday and
Tuesday before coming to any conclusions.
In the bigger picture though, the VIX is still
uncomfortably low, meaning confidence/complacency is dangerously high; these
bulls will need some sort of attitude adjustment sooner than later. A couple of
closes above the VIX’s 50-day average line at 18.0 will start that process.
Since we usually add it, we’ll once again insert a
weekly chart of the S&P 500 to out the daily one in perspective. What’s
becoming clearer here is that the broad bullishness is losing momentum, and the
bears keep testing that 100-day line.
SPX & VIX Weekly Chart
http://static.seekingalpha.com/uploads/2011/5/23/saupload_052211_sp500_weekly.png
Sector Performance
Things were shaken and stirred last week on the
sector front. Healthcare (XLV) is still out in front, but
Telecom (XTL) is quietly sneaking up, a complete
turnaround from telecom’s dismal performance through most of last year.
At the bearish end of the spectrum, Financials (XLF) have officially gone from bad
to worse. Notice, however, that there were few places to hide last week.
Sector Performance, since March 16th
http://static.seekingalpha.com/uploads/2011/5/23/saupload_052211_sector_performance.png ‘
Harold
Camping: the heart of the doomsday frenzy
(Los Angeles Times)
The last-minute
rapture reading list (Los Angeles Times) [Drudgereport: Preacher made same prediction
in 1994... Doomsday church thriving,
worth $72 million... [Previous: ‘End
of Days’ message rolls into D.C.
(Washington Post) The
potentially rotten news that the world will end on May 21 arrived plastered on
a caravan of RVs. [ Gee … little premature … you know, that 2012, end of Mayan
calendar, Nostradamus thing … I previously weighed in / wrote: Why
do Americans still dislike atheists? (Washington Post) [ And not just americans … Why? First and
foremost because there is a God. Second, it is intellectually dishonest to be
an atheist. Specifically, there is absolutely no evidence to dispute the
existence of God. While one might similarly argue that there is no evidence to
suggest there is a God (which I would dispute), which for most is a fair
statement, the same would yield at best, if intellectually honest, the position
of ‘agnostic’. I can totally understand and even empathize with the view of the
agnostic. After all, at this point, there seems to be ‘no rhyme nor reason’ at
all. But, think binary, positives / negatives. Just too many negatives. Think
‘capital punishment’. No, the world’s not going to end in 2012 as some fear.
Rather, think slow burn; decades at best; then ‘poof’. In the scheme of things,
this world’s just not that important (apes,
notochordates, and initially single celled organisms).
LinkedIn:
Getting it while the getting is good (Los Angeles Times) Column: The firm's hot
IPO should make the Fed happy as it tries to get money moving in the economy.
But what happens when the latest stimulus program ends? [ Hot IPO? More like ‘Twilight Zone’ time and
Dave thinks so as well … In reminder of '90s, LinkedIn has big first day (AP)
- There was an unmistakable echo of the dot-com boom Thursday on Wall Street. Rod Serling Now Linked-In : Dave's Daily ‘It definitely remains a really strange market. Fed
Governor Fisher summed things up nicely Thursday stating: "We've gone from
too little liquidity to too much." He's definitely off the main Fed
talking points but a little honesty explains the "more money than
brains" market. The LinkedIn(LNKD_) IPO typifies this Thursday. You may not be
aware of it but word on the street is only ten institutions were privileged to
obtain freshly issued shares. I wonder who was favored with this gift; care to
guess? You couldn't get a collection of bad economic news much worse than what
appeared today. While Jobless Claims were marginally lower given previous
adjustments, the moving average of
claims reached six-month highs; Home Sales were down...again; the Philly Fed
reading came in at 3.9 vs 18 expected; and Leading Indicators were lower 0.3 vs
flat expectations. These were dreadful but bulls brushed them off hoping for
more POMO
and extended ZIRP. Perhaps the stupid people are the ones
not playing ball, given rising markets on this lousy economic news. LinkedIn
should remind everyone of dotcom experiences but it's really about too much
liquidity. Commodity prices were generally lower with economic data while the
dollar was weaker and so too were base and precious metals. Bonds were flat
overall…’ ]
Obama
praises CIA’s role in bin Laden killing
(Washington Post) [ Kinda like
that gay sex and crack cocaine use by wobama (the
cia’s into that cocaine business in a very big way) with Larry Sinclair (from
Sinclair’s affidavit); their mutual lovefest … they (cia/wobama) just ‘can’t
get enough of each other these days’ …
all that stroking … and as with most such ‘group therapies’, such mutual
support though contraindicated in terms of reality, has become all too cloyingly,
disingenuously regular, however ineffective
… nobody’s buying their b***s***
anymore … OPINION:
Words can only do so much (Washington Post) [ Especially when they’re belied by misguided
actions … . Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones |
Hamid Gul, former ISI chief, talks about NATO firing on Pakistani troops and
the prospect of WWIII. Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Watson | Spooks admitted creating
hoax videotapes of Osama talking about having sex with boys. [ Yeah! This is
becoming preposterous and it’s quite amazing that anyone’s believing anything
they say. Next thing you know, they’ll be saying beyond the porn stash, Bin
Laden was a closet Christian. Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion “All
In All It Appears That Eisenhower’s Worst Fears Have Been Realized And His
Remarkable And Unique Warnings Given For Naught” Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’ 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Harold
Camping: the heart of the doomsday frenzy
(Los Angeles Times)
The last-minute
rapture reading list (Los Angeles Times)
Signs
of the apocalypse Quinn:
It’s not the end of the world Petri:
Harold Camping’s actual calculations (Washington Post) [ Drudgereport: Preacher
made same prediction in 1994... Doomsday
church thriving, worth $72 million... [Previous: ‘End
of Days’ message rolls into D.C.
(Washington Post) The
potentially rotten news that the world will end on May 21 arrived plastered on
a caravan of RVs. [ Gee … little premature … you know, that 2012, end of Mayan
calendar, Nostradamus thing … I previously weighed in / wrote: Why
do Americans still dislike atheists? (Washington Post) [ And not just americans … Why? First and
foremost because there is a God. Second, it is intellectually dishonest to be
an atheist. Specifically, there is absolutely no evidence to dispute the
existence of God. While one might similarly argue that there is no evidence to
suggest there is a God (which I would dispute), which for most is a fair
statement, the same would yield at best, if intellectually honest, the position
of ‘agnostic’. I can totally understand and even empathize with the view of the
agnostic. After all, at this point, there seems to be ‘no rhyme nor reason’ at
all. But, think binary, positives / negatives. Just too many negatives. Think
‘capital punishment’. No, the world’s not going to end in 2012 as some fear.
Rather, think slow burn; decades at best; then ‘poof’. In the scheme of things,
this world’s just not that important (apes,
notochordates, and initially single celled organisms). Kind of
akin to what I previously wrote: (God doesn’t care that you wrestle
a girl who wants to wrestle!) 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! ]
Senate
Dems find themselves in a tough spot (Washington Post) [ Tough spot? Like
Iraq and a hard place … called Afghanistan … indeed they are … in a tough spot
… of their own making … by a wobama prevaricating approach to most all things
despite campaign promise that belie their actions, or lack thereof. ] Democrats
who control the Senate are blocking bills from the GOP-led House and changing
the way they are selling themselves in reelection campaigns. [ OPINION:
Words can only do so much (Washington Post) [ Especially when they’re belied by misguided
actions … . Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones |
Hamid Gul, former ISI chief, talks about NATO firing on Pakistani troops and
the prospect of WWIII. Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Watson | Spooks admitted creating
hoax videotapes of Osama talking about having sex with boys. [ Yeah! This is
becoming preposterous and it’s quite amazing that anyone’s believing anything
they say. Next thing you know, they’ll be saying beyond the porn stash, Bin
Laden was a closet Christian. Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Editorial:
Bin Laden raid no vindication of torture (WP)
[I can only wonder what the presence of substantially underrated President
General Eisenhower would have meant, and truly believe this entire debacle and
the nation’s decline would have been avoided.
“All
In All It Appears That Eisenhower’s Worst Fears Have Been Realized And His
Remarkable And Unique Warnings Given For Naught” Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’ 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
How
the U.S could lose its credit rating
(Washington Post) [ Kinda’ like how the west was won, then lost … but,
Davis knows: 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! ‘ …
A
taste of Navy SEAL training (Washington Post) The Extreme SEAL Experience
gives participants a hint of what it takes to become one of the Navy’s elite. [
How ‘bout more than just a taste of serious math / economics training … you
know, the kind that in real terms determines whether such can / should even
exist. After all, the nation is defacto bankrupt … 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! ‘ …
Corsi:
Trump Conspired With Obama To Neutralize Birther Controversy As he prepares
to release shocking new evidence and name the people who he claims were behind
the forgery of Barack Obama’s long form birth certificate, author Jerome Corsi
sensationally accused short-lived Republican presidential candidate Donald
Trump of “working with Obama” to neutralize the birther controversy.
New
Documentary Exclusively For Prison Planet.tv Subscribers: College Conspiracy College Conspiracy is the most comprehensive
documentary ever produced about higher education in the U.S. The film exposes
the facts and truth about America’s college education system. College
Conspiracy is just one of numerous videos that Prison Planet.tv members will
receive access to this week as we announce a bumper rollout of exclusive new
multimedia titles. ‘… The real
unemployment rate in America is now 22% and 60% of college graduates who are
lucky enough to find a job, are receiving low skilled jobs where a college
degree isn’t even required. In fact, 70% of high school graduates who didn’t go
to college, were able to get these very same jobs as the average college
graduate. The main difference is, by the time Americans who went to college get
their degree, those who went straight into the work force after high school
will already have 4 to 6 years of valuable workplace experience. Instead of
having $24,000 in debt, these experienced Americans will be working their way
up to a higher paid position or a better job at a different company. All across
America, colleges are deceiving prospective students with misleading and often
fraudulent tactics and statistics. The fact is, law schools are handing out
43,000 law degrees each year, when there are 15,000 less attorney and legal
staff jobs in the U.S. than three years ago. Many law schools are advertising a
90% job placement rate within one year of graduating. However, weeks before job
placement surveys are conducted, some law schools will hire unemployed
graduates to work in their admissions department. They are let go as soon as
these surveys are completed, but count as being part of the 90% employed …’
Washington
State National Guard Secret Deployment Where the National Guard soldiers
might go . . . is a bit of a mystery.
Kan
denies ordering TEPCO to stop seawater injection at reactor Prime Minister
Naoto Kan on Monday denied having instructed Tokyo Electric Power Co to stop
injecting seawater into the troubled No. 1 reactor at the Fukushima Daiichi
nuclear power plant, brushing aside criticism that an alleged suspension order
from him may have worsened the situation.
Mumbai
terror attack: US trial puts Pakistan spy agency in the dock Allegations
that Pakistan’s intelligence service was involved in the Mumbai terror attacks
will be scrutinised in an American court case starting on Monday when the man
who helped plan the 2008 strikes testifies against his alleged accomplice.
Jerome
Corsi: Criminal Fraud Committed By White House To Keep Obama In Office;
Challenges Mainstream Media & Bill O’Reilly WND’s Dr. Jerome Corsi
challenges the mainstream media and Fox News’ Bill O’Reilly. The White House
committed criminal fraud to keep Obama AKA Soetoro AKA Soebarkah in office. The
interview was on WABC Radio and aired on 5/22/11.
Donald
Rumsfeld confronted on Aspartame and Iraq War WAC Chicago | Rumsfeld hold
responsibility for the destruction of Iraq and the poisoning of the American
food supply.
US drone strike
kills 7 in Pakistan A Non-UN-sanctioned US drone attack has killed at least
seven people and wounded several others in Pakistan’s northwestern tribal
region, officials say.
Drudgereport: USA HITS DEBT CEILING...
TREASURY RAIDS PENSIONS...
PUTIN DECIDES TO RETAKE
PRESIDENCY
60 DAYS: GOP senators press
Obama on war powers...
Pile of American debt --
would stretch beyond stratosphere!
Gold, silver coins to be
legal currency in Utah...
TORNADO SWARMS DEADLIEST IN
MORE THAN HALF CENTURY
HEARTLAND
DEVASTATION...
116 dead, nearly 500 twister
deaths this year...
VIDEO... PHOTOS...
AUDIO TERROR: 'I LOVE YOU
ALL'...
'I'm alive!' text message
saves man's life...
1,500 rescuers work through
pouring rain...
Threats of more to
come...
Looting in Minneapolis...
State Treasurer Warns Bond
Houses Against Further Loans to Illinois...
NYT: 'Is Anti-White Bias a
Problem?' … In what some have called the new
post-racial era, what constitutes discrimination is shifting. The landmark
Supreme Court case, Ricci
v. DeStefano, for example, ruled that white firefighters suffered
discrimination when their employer threw out a promotional exam because none of
the African-American firefighters who took the test qualified for promotion …’
SUPREME COURT ORDERS CA TO
RELEASE UP TO 46,000 PRISONERS...
'Terrible things
are sure to happen'...
JERRY BROWN: 'Let's raise
taxes!!!'
Economic
Data Dismal This Week as Corporate Earnings (on currency manipulation, dollar
debasement) Carry Markets WallStCheatSheet / Nyardi Like
Putting Lipstick on a Pig ‘As the old saying goes, “You can put lipstick on
a pig but it’s still a pig,” and this week’s economic and financial data for
the U.S. economy have been truly swine-like. Here are the “boarish” details
regarding global stock markets and ETFs:
·
Japan (NYSE:EWJ) has reentered recession, its economy plunging for
the First Quarter at a -3.7% annualized rate, twice as deeply as expected.
·
May Empire
Manufacturing Index: 11.9 versus 21.7 previously
·
April Housing
Starts: 523,000 versus 585,000 previously
·
April
Building Permits: 551,000 versus 574,000 previously
·
April
Industrial Production: 0.0% versus 0.7% previously
·
April
Existing Home Sales: 5.05 million versus 5.09 previously, a -13% year over year
decline
·
May
Philadelphia Fed: 3.9 versus 18.5 previously, down from 43 just two months ago
which was the highest reading since 1984.
·
April Leading
Indicators: -0.3 versus -0.7, the first decline since last June
The only
glimmer of positive data was in Initial Unemployment Claims which declined to
409,000 versus 438,000 last week, but still above the psychologically and
statistically significant 400,000 level.
Bad…bad….bad…..it has definitely been a “Miss Piggy” kind of week as,
overall, the economic numbers have been a debacle, particularly the Philly Fed
which came in at 3.9 compared to a consensus 20.5 and last month’s 18.5.
Small wonder
they call economics the “dismal science.”
At Wall
Street Sector Selector, we continue to expect lower prices ahead in global
stock markets and maintain our inverse ETF and put option positions…’
Jobless
rate up in D.C., dips in Md., Va. The rate fell in more than three-quarters
of the nation’s states. (Washington Post) [ Jobless rate? With or without the
‘stopped looking’ fudge factor. I don’t buy any of it!
7
Reasons a Major Stock Market Correction Is Imminent Furman ‘The recent 2.5% pullback in the
S&P 500 (SPY) may just be a blip during a year
bullish analysts predict the index will finish above 1500. Brief and minor
sell-offs have indeed been the market's only hurdles since QE1 began in March
2009 -- the lone exception being early summer 2010, between QE1 and QE2. On the
other hand, here are seven reasons U.S. indicies could lose 20% or more in the
next two months.
·
CONCLUSION OF
QE2. Marc Faber, Austrian economist and leading market forecaster, aptly likens
fiscal policy to narcotics abuse: Always destructive in the end, though it may
have social benefits early on. Over time, however, that benefit requires more
and more of the "good" stuff. Americans are no longer net savers and
depend, along with every corporation that uses credit or relies on consumer
spending, on government jobs and welfare more so than ever before. QE1
supported investment until it was finished. A sell off post-QE2 will be
preempted by investors large and small, which may explain recent trading
sessions closing in the red.
·
COMMODITIES
LEADING DOWN. Commodities markets are smaller and less subject to speculation
than stock markets, which is why experienced investors refer to them as leading
markets. Oil, silver, sugar, copper and other staples for both consumers and
producers have fallen severely in price of late. The selling may still be
escalating.
·
UNCLE BUCK IS
BACK. Currency markets are also referred to as leaders to stocks. Trading
volume is huge, but more driven by governments and billionaires than pension
plans and gamblers. The first few weeks of May have witnessed a long-unseen
affinity for the U.S. dollar, which has gained 2-5% versus most currencies. This
may signal the beginning of a flight to safety.
·
LEADING
STOCKS LOOKING UGLY. From economic bellwethers such as Bank of America (BAC)
and KB Homes (KBH)
to highly profitable market-changers like Apple (AAPL) and
OpenTable (OPEN),
downward moves have been drastic. Companies like these are growth-drivers of
the economy.
·
DEFENSIVE
STOCKS OUTPERFORMING. The best performers lately include utility companies
American Water Works (AWK) and Consolidated Edison (ED),
consumer staples companies Procter & Gamble (PG)
and General Electric (GE), and pharmaceutical conglomerate
Pfizer (PFE).
Outperformance by stocks that operate low-risk, low-growth businesses indicates
defensiveness by investors or an apparent lack of value elsewhere in the
market.
·
GLOBAL GROWTH
STIFLED. In 2009 and 2010, bullish arguments were largely focused on a
"good enough" United States and an emerging market boom. With Middle
Eastern sociopolitical turmoil taking center stage in that region, Japan in
shambles, Europe using Scotch tape to fix budgets, and inflation crippling
economies worldwide, from where is growth to come?
·
NO BOTTOM IN
SIGHT FOR U.S. HOUSING. It is one of the largest asset markets, and one that
affects everyone, in the world's largest economy. Still, even buyer incentives
and suppressed interest rates haven't stopped prices from sliding. A growing
population and falling housing prices are basic and clear signs of economic
recession.
Investors looking to hedge portfolios or even flip
net-short have endless choices thanks to inverse and leveraged ETFs, as well as
the opportunity to short individual stocks directly or via options. Betting on
increased volatility via VXX will also yield
profits if markets sell off. Leveraged ETFs inherently lose value over time and
are best for day-traders looking for highly-liquid, diversified ways to capture
quick moves.
Directly selling a stock or ETF short allows for less
potential upside than a leveraged play, but in doing so you avoid paying a time
premium. My preferred method is to short indexes via put options. During
significant sell offs, stocks generally fall in unison, while diversified ETFs
garner lower options premiums than more volatile individual stocks. Technology
(QQQ),
homebuilders (XHB), retail (XRT)
and financial (XLF) sector ETFs as well as
broader ones (SPY) offer appealing prices on the massive leverage that comes
with options.’
Minyanville's T3 Weekly Recap: Stocks Sell Off Into Options Expiration, Judgement Day* [ Riiiiight! ‘Judgement Day’ – Certainly been so for the ‘Terminator’ or former ‘Governator’ … Wow! Or should we say, Bow Wow! I mean, what a dog … You just can’t take former male model schwarzenegger any place … what a failed, gutless wonder and fraud (that commutation) he turned out to be! … Speaking of judgement days, raptures, previously I wrote: ‘End of Days’ message rolls into D.C. (Washington Post) The potentially rotten news that the world will end on May 21 arrived plastered on a caravan of RVs. [ Gee … little premature … you know, that 2012, end of Mayan calendar, Nostradamus thing … I previously weighed in / wrote: Why do Americans still dislike atheists? (Washington Post) [ And not just americans … Why? First and foremost because there is a God. Second, it is intellectually dishonest to be an atheist. Specifically, there is absolutely no evidence to dispute the existence of God. While one might similarly argue that there is no evidence to suggest there is a God (which I would dispute), which for most is a fair statement, the same would yield at best, if intellectually honest, the position of ‘agnostic’. I can totally understand and even empathize with the view of the agnostic. After all, at this point, there seems to be ‘no rhyme nor reason’ at all. But, think binary, positives / negatives. Just too many negatives. Think ‘capital punishment’. No, the world’s not going to end in 2012 as some fear. Rather, think slow burn; decades at best; then ‘poof’. In the scheme of things, this world’s just not that important (apes, notochordates, and initially single celled organisms). Kind of akin to what I previously wrote: (God doesn’t care that you wrestle a girl who wants to wrestle!) 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! ]
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! ‘ … El-Erian:
“Financial Repression” In the Form of a Negative Real Rate of Return for Savers
Is Coming to America Pimco co-chair El-Erian is saying that the major flaws
in the financial system will not be addressed, the government will keep on
printing money, and that the inflation-adjusted return on investments for most
Americans will be negative. Stock
Market: 4 Current Warning Signs
Navin ‘…
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market.
4) Key market
leaders are rolling over in price... ‘
Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png
PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
2. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Treasury
to tap pensions to fund government (WP)
24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
Hedge Funds: Paulson, other big hedge funds, down in May
In reminder of '90s, LinkedIn has big first day (AP) - There
was an unmistakable echo of the dot-com boom Thursday on Wall Street. Rod Serling Now Linked-In : Dave's Daily ‘It definitely remains a really strange market. Fed
Governor Fisher summed things up nicely Thursday stating: "We've gone from
too little liquidity to too much." He's definitely off the main Fed
talking points but a little honesty explains the "more money than
brains" market. The LinkedIn(LNKD_) IPO typifies this Thursday. You may not be
aware of it but word on the street is only ten institutions were privileged to
obtain freshly issued shares. I wonder who was favored with this gift; care to
guess? You couldn't get a collection of bad economic news much worse than what
appeared today. While Jobless Claims were marginally lower given previous
adjustments, the moving average of
claims reached six-month highs; Home Sales were down...again; the Philly Fed
reading came in at 3.9 vs 18 expected; and Leading Indicators were lower 0.3 vs
flat expectations. These were dreadful but bulls brushed them off hoping for
more POMO
and extended ZIRP. Perhaps the stupid people are the ones
not playing ball, given rising markets on this lousy economic news. LinkedIn
should remind everyone of dotcom experiences but it's really about too much
liquidity. Commodity prices were generally lower with economic data while the
dollar was weaker and so too were base and precious metals. Bonds were flat
overall…’
OPINION:
Words can only do so much (Washington Post) [ Especially when they’re belied by misguided
actions … . Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones |
Hamid Gul, former ISI chief, talks about NATO firing on Pakistani troops and
the prospect of WWIII. Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Watson | Spooks admitted creating
hoax videotapes of Osama talking about having sex with boys. [ Yeah! This is
becoming preposterous and it’s quite amazing that anyone’s believing anything
they say. Next thing you know, they’ll be saying beyond the porn stash, Bin
Laden was a closet Christian. Osama
bin Laden: A dead nemesis perpetuated
by the US government ... May 1, 2011 ...
U.S. intelligence is that bin Laden
needs dialysis every 3 days
... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED
THAT THE US HAD KILLED OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME
UNDER MASSIVE DISTRIBUTED DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS
THAT OSAMA BIN LADEN ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE
WHITE HOUSE DIDN'T WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED
FORWARD". IT IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO
STAGE A "REVENGE" ATTACK FROM "AL QAEDA" ON THE UNITED
STATES, WITH WHICH TO JUSTIFY TOTAL WAR ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire War
in Afghanistan and Iraq costs America $1trillion Editorial:
Bin Laden raid no vindication of torture (WP)
[I can only wonder what the presence of substantially underrated President
General Eisenhower would have meant, and truly believe this entire debacle and
the nation’s decline would have been avoided.
“All
In All It Appears That Eisenhower’s Worst Fears Have Been Realized And His
Remarkable And Unique Warnings Given For Naught” Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’ 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Japan slips back into
recession Japan's economy shrank
last quarter by almost double the margin economists had expected, as the March
disaster pushed the country back into recession. (LA Times) [I’ve always
thought, and from the beginning (see infra and website) that this disaster was
of greater consequence than reported; after all, as to america, who else
besides china was foolish enough and had cash reserves sufficient to buy
pervasively corrupt, defact bankrupt america’s ever more worthless paper
Chernobyl, 25 years later (Washington Post) Following the nuclear disaster in
Japan, the Chernobyl accident
has a particular importance. Japan declares evacuation zone near nuclear plant
(Washington Post)[ Wow! Sounds like a plan!… From the beginning, as I’ve
written on my website, I’ve thought the catastrophic nature and impact of this
disaster to have been underreported at the least … the Japanese
uncharacteristically have adopted somewhat of a ‘if wishing could make it so’
tact in this sad crisis. Chernobyl,
25 years later (Washington Post)
Following the nuclear disaster in Japan, the Chernobyl accident has a
particular importance. Japan
declares evacuation zone near nuclear plant
(Washington Post) [ Wow! Sounds like a plan! … From the beginning, as
I’ve written on my website, I’ve thought the catastrophic nature and impact of
this disaster to have been underreported at the least … the Japanese
uncharacteristically have adopted somewhat of a ‘if wishing could make it so’
tact in this sad crisis.
Existing-home
sales drop in April Sales fall short of many analysts’ expectations for
this key month of the spring selling season. (WP) [ Come on! Stocks rally on worse than expected
bad news to keep the suckers suckered! This is an especially great opportunity to sell / take profits while
you still can since there's much worse to come! Remember: ‘Sell in May and go
away! LinkedIn
IPO shatters expectations (WP) [ Kind of like the pre-bust dot.com
days/preposterous (all bad news today) that Dave preceded his commentary with a
twighlight zone picture In reminder of '90s, LinkedIn has big first day (AP)
an unmistakable echo of the dot-com boom Thursday on Wall Street. Rod Serling Now Linked-In : Dave's Daily ‘It definitely remains a really strange market. Fed
Governor Fisher summed things up nicely Thursday stating: "We've gone from
too little liquidity to too much." He's definitely off the main Fed
talking points but a little honesty explains the "more money than brains"
market. The LinkedIn(LNKD_) IPO typifies this Thursday. You may not be
aware of it but word on the street is only ten institutions were privileged to
obtain freshly issued shares. I wonder who was favored with this gift; care to
guess? You couldn't get a collection of bad economic news much worse than what
appeared today… While Jobless Claims were marginally lower given previous
adjustments, the moving average of
claims reached six-month highs; Home Sales were down...again; the Philly Fed
reading came in at 3.9 vs 18 expected; and Leading Indicators were lower 0.3 vs
flat expectations. These were dreadful but bulls brushed them off hoping for
more POMO
and extended ZIRP. Perhaps the stupid people are the ones
not playing ball, given rising markets on this lousy economic news. LinkedIn
should remind everyone of dotcom experiences but it's really about too much
liquidity. Commodity prices were generally lower with economic data while the
dollar was weaker and so too were base and precious metals. Bonds were flat
overall…’
Strauss-Kahn
indicted in sexual assault Former IMF chief will be freed on bail but
confined to a New York apartment as he awaits trial on a seven-count indictment
in an alleged attack on a hotel maid. (Washington Post) [ Sinkhole new york will do anything to take
the heat / attention off their fraudulent denisons … Strauss-Kahn
resigns as head of the IMF
(Washington Post) [ So what! Who cares! There is not one head of even
one institution in the world today that deserves to keep their job; from
bernanke at the fed, to the nobel committee that awarded wobama the peace
prize, to geithner at treasury, to looney moony at the u.n., etc.. For jobs
poorly done, they should step down and make way for the generation that’s been
so negatively impacted by their venality, incompetence, corruption, etc… Roche 'The worst
part of it ...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’ billions from the fraud ). Stock
Market: 4 Current Warning Signs
Navin ‘…
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
Why
Are Investors Fearful? Here are 19 Answers Khaner 5-17-11’
QE II:
U.S. ECONOMY: (bad)
UNEMPLOYMENT: ..(problematic)
U.S. DEBT CEILING:
INVESTOR SENTIMENT:
HOUSING CRISIS:
INFLATION:
SAUDI ARABIA:
STOCK MARKET TECHNICALS:
FLOODS
OIL PRICES:
ARAB SPRING:
LIBYA: ..
JAPAN:
CHINA: ..
RING OF FIRE + SPAIN:
CURRENCIES:
SOVEREIGN DEBT:
COMMODITIES:
.. http://www.minyanville.com/investing/lloyds-wall-of-worry/5/17/2011 ‘ ]
Obama
adopts the Bush Doctrine The May 19
Middle East speech, annotated. (Washington Post) [ Yeah! Two nut cases; two failed presidents.
The latest case of U.S.
paranoia (Los Angeles Times) [ Yeah! This really needs to be said;
particularly when you take into account the reality, that while plentiful,
american laws are all but meaningless, arbitrarily enforced at best, and
‘federales’ and their supporters (more commonly called bribes, one way or form
or another) invariably the worst offenders. Though
having but 5% of the world’s population, u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 ]:
Focus
Is on Obama as Tensions Soar Across Mideast
(New York Times) [ Adapt? I don’t think so! I do believe that both
nations are regressively but nostalgically trying bring the world back to
failed geopolitical paradigms that made the 20th century the bloodiest century,
not coincidentally the american century (obviously for israel the latter half
century). Yet, such a conditioned psychopathic approach to global matters has
led them self-destructively, self-defeatingly, and ineluctably to decline,
fall, and as with dinosaurs, extinction, at least in a manner of speaking.
Global information exchange at lightning speed has made such throwbacks to a
lost era, propaganda, and maladaptive traits foolish at best, deadly at worst.
Intelligent people worldwide aren’t buying the obsolete, Orwellian approach
fostered by the purveyors of global unrest; viz., israel, america, Orwellian
england, etc..; more specifically, diversion of the masses from the glaring
failures of leadership, economic and otherwise.
CRIME
STATISTICS >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Agents
irked by plan to keep Mueller
(Washington Post) [ ‘abide by ..
tenure limits’ ? I’m more concerned with, and it’s fundamentally more important
from the perspective of the FBI’s ‘mission and purpose’, that meaningful law be
abided by regarding the following:
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).
Drudgereport:
USA
HITS DEBT CEILING...
TREASURY
RAIDS PENSIONS...
OBAMA
SIDES WITH THE PALESTINIANS...
Netanyahu
fumes at call to return to '67 borders...
Abbas
calls emergency Palestinian Authority meeting...
Israeli
Knesset member: Obama is the new Arafat...
OBAMA:
'Limited' US Role in Libyan War Means No Need For Congressional
Authorization...
I
DON'T NEED YOUR PERMISSION (FOR WAR,
says nobel peace laureate)
CHICAGOLAND:
GODFATHER WANTS CASINO...
Cornel
West: Obama 'a black mascot' and 'black puppet'...
Peter
Fonda calls Obama 'traitor' at Cannes...
Obama,
Sarkozy dissed in films...
Doomsday
Food Price Scenario Turning Hedge Fund Managers into Survivalists...
In
China, some new cities are ghost towns...
RON PAUL: SELL THE GOLD IN FORT KNOX... [ I
personally believe that some has already been ‘sold’, as in stole, with gold
plate the replacement; after all, with the wall street frauds, 360 tons of $100
bills flown into Iraq and ‘disappeared’, etc., why would same seem unlikely. ]
NEXT
UP FOR BAILOUT: POST OFFICE...
4
MONTHS UNTIL DEFAULT... US
Postal Service reports $2.2B loss for quarter... [ And, let me add
that they deserved that loss. The USPS is totally unreliable and basically a
jobs program for the otherwise unemployable; and, they are also corrupt. I’ve
previously set forth the scenario where the postal service waylaid dvd disks
sent priority/confirmation and a second time, certified mail, to the FBI
(violations of federal law, tampering, obstruction, etc.), and ultimately
additional copies of said disks were delivered by the reliable, efficient,
competitive, performance-driven UPS (their parcel rates are roughly the same
and yet half the delivery time – Fedex is as unreliable as the USPS-and for
some time had a deal with the USPS)…infra ]
Medvedev
warns West of new Cold War...
Russia
Expels Israel's Military Attache...
U.S.-Israeli
group tells members not to boo president...
WHITE
HOUSE SHUTS OUT NEWSPAPER OVER 'BIAS'...
Veteran
reporters mock WH press for kowtowing to 'monarch'...
GOV'T
MOTORS CHEERS CHINESE COMMUNIST MOVIE...
US
helicopter exchanges fire with Pakistan troops on Afghan border...
...increasing
tensions
Pakistan,
China Grow Closer...
New,
federally-mandated light bulbs will cost $50 -- each...
GE
lobbied for them...
REPORT:
Secret Service interrogates 7th grader without parents' knowledge...
China
cuts holdings of Treasurys for 5th month...
U.S. borrows $58,000 a second...
BUCHANAN:
'Bad day for New World Order'...
NO
BAIL FOR WORLD'S BANKER
DOWN
AND OUT IN MANHATTAN...
...sex charges likely to isolate IMF in debt crisis talks
'BLOOD
ON THE BED'...
Authorities
investigating 'at least one other' case...
CHANGE:
Obama Assets Total as Much as $12 Million...
GALLUP:
OBAMA DROPS ANOTHER 2 POINTS, DOWN TO 46%...
...Post-Bin
Laden Bump Has Vanished
Hamas
PM: Pray for an end to Israel...
Protesters
try to breach Israeli border on 3 fronts...
Israel
opens fire across border with Lebanon...
Egypt
police fire tear gas at Nakba rally...
Demonstrators
pour into Israel from Syria...
'Iran
fingerprints'...
'Terror
truck' attack...
GALLUP:
Obama slips back to 48/45...
Administration
approves 200 more new Obamacare waivers...
IMF
HEAD IN RAPE RAP...
New
Details...
May
Step Aside?
French
presidential race hopes in jeopardy...
'THUNDERBOLT'...
Ron
Paul: 'These are the kind of people running the IMF'...
9
civilians killed in U.S. drone strike in Pakistan...
ALARM
OVER APPROACHING INSOLVENCY OF SOCIAL SECURITY, MEDICARE...
Social
Security to run 'permanent' deficits...
Texas
official accuses ATF of starting wildfire...
'That bunch has a real corner on stupid'...
British
woman decapitated in grocery store; killer flees with head...
Cannes:
Diana doc slams UK royals as 'gangsters'...
Senate
Bill Gives Feds Power to Order Blacklisting of Websites...
Treasury Auctions to Push US Over Debt Ceiling...
McCARTHY:
'Not one Republican vote' to borrow more without cuts...
REPORT:
48 Women Raped Every Hour in Congo...
'DOLLAR
IN GRAVER DANGER THAN EURO'...
FORBES:
RETURN TO GOLD STANDARD WITHIN 5 YEARS...
In
S.C., legislature takes first step...
POLL: 1 in 5 say bin Laden alive...
MICHELLE:
KEEPS ON DANCING!
First
Lady to host rapper who talks of killing cops...
USA
FREAK OUT: TERROR FEARS; FALSE ALARMS...
Sen.
Schumer Calls For Amtrak 'Do Not Ride' List...
Two
tunnel 'breaches' cause scare in NYC...
Threats
Divert Planes in Three Separate Incidents...
Passengers,
flight crew subdue man banging on cockpit door...
Dallas
Train Station Evacuated: Man Asked For Help Carrying Packages...
4
Arrested For Videotaping TSA Line At Denver...
SHOCK PHOTO: TSA LOOKING FOR
'POOP BOMBS?'
U.S.-Pak.
Rift Widens...
Pak.
warns of 'full force' response to future US raids...
S&P
cuts Greece's rating...
BOEHNER
TO DEMAND NOT BILLIONS, BUT TRILLIONS
IN CUTS...
OIL
REBOUNDS; 2ND LARGEST GAIN ON RECORD...
REPORT:
Housing crash getting worse...
...values
fall fastest rate since '08
Michelle
Obama to host rapper at WH who talks of killing cops...
'COMMAND
CENTER'...
Pakistan
skeptical of U.S. claim bin Laden directed network...
Two loud explosions heard in town where bin Laden killed...
Videos
show 9-11 mastermind watching himself on TV...
U.S.
government censors tapes, cuts audio...
Inside
bin Laden's squalid home...
NYT:
Final days of domesticity...
Drone
Strike Kills 15 in Pakistan...
First
since bin Laden raid...
BIN LADEN
SUPPORTERS RAGE ON THE STREETS OF LONDON, VOW REVENGE...
Stage
mock funeral in front of US embassy...
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
JAPAN
URGES HALT AT THREE REACTORS...
UNEMPLOYMENT
BACK UP TO 9.0%...
Fannie
Mae Reports $8.7B Loss for First Quarter...
Seeks
$8.5B more from taxpayers...
APRIL
JOBS: +244,000...
FUZZY
MATH: How can US add
jobs but the unemployment rate go up?
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
PAPER:
GREECE EU EXIT?
Silver
Plunge Spreads...
OIL
GUTTED...
Price
Slide Temporary, New Highs Likely: Goldman...
Fears
linger of a new 'flash crash'...
Euro
Tumbles... CNN
SHOCK POLL: RON PAUL HAS BEST CHANCE VS OBAMA
National
Home Prices Double Dip...
JOBLESS
CLAIMS RISE TO 8 MONTH HIGH...
Fears
linger of a new 'flash crash'...
9-11
FAMILY: 'SHOW US PROOF BIN LADEN KILLED'...
Victim's
father: Obama 'putting too much spotlight on himself'...
Channels
Bush at Ground Zero: 'We will never forget'...
Tells
teen survivor he knows
Justin Bieber...
Turns
Back on 9/11 Family Member...
AUDIO...
Muslim
Brotherhood urges review of Israel ties...
Pakistanis
burn U.S. flags; backlash over death grows...
Pakistan
officials: No resistance in 'cold-blooded' U.S. raid...
Warns
America not to stage any more...
Threatens
'disastrous consequences'...
Muslims
already name dump location 'Martyr's Sea'...
OBAMA,
NO PHOTOS OF OSAMA: 'We don't need to spike the football'...
'Conspiracy theorists will just claim doctored'...
Sen.
Scott Brown: 'I've seen picture, he's definitely dead'...
UPDATE:
Photo proving bin Laden's death to Sen. Brown was
faked...
three
senators fell for fakes...
UPDATE:
'The photo I saw and that a lot of other people saw is not authentic'...
Top
Dem: No photo needed, 'there's absolute proof'...
REUTERS RELEASES 'DEATH SCENE' PHOTOS
**WARNING GRAPHIC**
UPDATE: Photo proving bin Laden's death to Sen. Brown was faked...
Possibly
three senators fell for fakes...
Pakistan:
'Not a single bullet fired from compound'...
WIRE:
Photos from 1 hour after raid show 3 dead, no weapons...
The
Slippery Story of the bin Laden Kill...
Official says 'killed apparently
by the U.S. raid team'...
DOLLAR
HITS 3 YEAR LOW...
1
IN 7 ON FOOD STAMPS!
Job
numbers disappoint...
Treasury
suggests $2 trillion debt cap raise...
REUTERS, AP journalists describe staging of Obama photo taken after
TV announcement of bin Laden's death...
Wrap
up those loose ends: 'Rapture' movement predicts end of world on Saturday...
Preacher
made same prediction in 1994...
Doomsday
church thriving, worth $72 million... : ‘End
of Days’ message rolls into D.C.
(Washington Post) The
potentially rotten news that the world will end on May 21 arrived plastered on
a caravan of RVs. [ Gee … little premature … you know, that 2012, end of Mayan
calendar, Nostradamus thing … I previously weighed in / wrote: Why
do Americans still dislike atheists? (Washington Post) [ And not just americans … Why? First and
foremost because there is a God. Second, it is intellectually dishonest to be
an atheist. Specifically, there is absolutely no evidence to dispute the
existence of God. While one might similarly argue that there is no evidence to
suggest there is a God (which I would dispute), which for most is a fair
statement, the same would yield at best, if intellectually honest, the position
of ‘agnostic’. I can totally understand and even empathize with the view of the
agnostic. After all, at this point, there seems to be ‘no rhyme nor reason’ at
all. But, think binary, positives / negatives. Just too many negatives. Think
‘capital punishment’. No, the world’s not going to end in 2012 as some fear.
Rather, think slow burn; decades at best; then ‘poof’. In the scheme of things,
this world’s just not that important (apes,
notochordates, and initially single celled organisms). Kind of
akin to what I previously wrote: (God doesn’t care that you wrestle
a girl who wants to wrestle!) 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! ]
US Postal Service reports
$2.2B loss for quarter... [ And, let me add that they deserved that
loss. The USPS is totally unreliable and basically a jobs program for the
otherwise unemployable; and, they are also corrupt. I’ve previously set forth
the scenario where the postal service waylaid dvd disks sent
priority/confirmation and a second time, certified mail, to the FBI (violations
of federal law, tampering, obstruction, etc.), and ultimately additional copies
of said disks were delivered by the reliable, efficient, competitive,
performance-driven UPS (their parcel rates are roughly the same and yet half
the delivery time – Fedex is as unreliable as the USPS-and for some time had a
deal with the USPS). Amazon, Ebay, though a boon to the USPS, have consistently
failed to deliver in the realm of computers / peripherals. The following
includes a prior testimonial to the service, reliability of PRO Computer Center
( http://www.procomputercenter.com Pro
Computer Center, 10837 Santa Monica Blvd., Los Angeles, CA 90025 ) . Pro Computer Center is among the few remaining stores of their
kind. They are performance / service / customer oriented like no other
surviving computer retailer / repairer / service providers I’ve experienced.
They’ve also moved into the realm of computer forensics / data recovery in the
context of court proceedings where they’ve successfully performed where others
failed and at substantially more reasonable rates than ‘the competition’. My most recent computer problems accounting
for some website / posting delays has been once again been resolved by them and
another Dell computer (the circumstances of the most recent debacle was a
barrage of Trojans caught by my antivirus, one after another, then shutting
down my antivirus, ultimately freezing (no boot) my computer (I previously
alluded to my reasonable suspicions as to who perpetrated same). My experiences
with such as Amazon, Ebay have been atrocious and borderline if not outright
fraudulent (the shoddy sellers), time consuming, and aggravating in the ‘claims
process’. Moreover, the other brick and mortar stores, even if reputable, have
a fine print which lays most of the warrantee/ guarantee on the manufacturer.
In sum, Pro Computer Center does not have any ‘real’ competition. They are
currently building me a backup computer that comports with my budget and their
survival as a company, though somewhat rare among computer retailers of their
type, is totally understandable and a testament to high quality performance and
service. (Prior testimonial:
Pro Computer Center
10837 Santa Monica Blvd.
Los Angeles, CA 90025
Gentlemen:
I just wanted to extend to you and your company my sincere thanks
for a job well done. The Dell computer I recently purchased from you has lived
up to all your representations and as well, my own expectations. I bought my
first computer from you (Ben) in or around 1999. It was a Sony Vaio laptop
which owing to Windows Millenium and a very proprietary approach to computing
on the part of Sony, truth be told, was not the greatest system in terms of
stability (typical Millenium problems), but no fault of yours. Ultimately,
though functional, I traded the Vaio for a Mac, an accommodation by your
company seldom seen with other companies if at all (3+ years later). You’ve
always stood by your products / service, are available / accessible to field /
handle all questions / problems which is rare indeed. In Armand you have a
top-notch A+ Certified Tech who is patient, knowledgeable, and talented. Ruben,
in truth has been particularly instrumental in seeing to a smooth transition in
my recent dealings with your company as a knowledgeable IT Specialist and
especially as a savvy, capable manager. Since 1999 I’ve purchased five computers
from you and based upon performance, the sixth is assured.
Sincerely,
Albert L. Peia ) ]
Come
on! Stocks rally on worse than expected bad news to keep the suckers suckered! This is an especially great opportunity to
sell / take profits while you still can since there's much worse to come!
Remember: ‘Sell in May and go away! … El-Erian:
“Financial Repression” In the Form of a Negative Real Rate of Return for Savers
Is Coming to America Pimco co-chair El-Erian is saying that the major flaws
in the financial system will not be addressed, the government will keep on
printing money, and that the inflation-adjusted return on investments for most
Americans will be negative. Stock
Market: 4 Current Warning Signs
Navin ‘…
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market.
4) Key market
leaders are rolling over in price... ‘
Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
3. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Treasury
to tap pensions to fund government (WP)
24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
In reminder of '90s, LinkedIn has big first day (AP) - There was an unmistakable echo of the dot-com boom
Thursday on Wall Street.
Rod Serling Now Linked-In : Dave's Daily ‘It definitely remains a really
strange market. Fed Governor Fisher summed things up nicely Thursday stating:
"We've gone from too little liquidity to too much." He's definitely
off the main Fed talking points but a little honesty explains the "more
money than brains" market. The LinkedIn(LNKD_) IPO typifies this Thursday. You may not be
aware of it but word on the street is only ten institutions were privileged to
obtain freshly issued shares. I wonder who was favored with this gift; care to
guess? You couldn't get a collection of bad economic news much worse than what
appeared today. While Jobless Claims were marginally lower given previous
adjustments, the moving average of
claims reached six-month highs; Home Sales were down...again; the Philly Fed
reading came in at 3.9 vs 18 expected; and Leading Indicators were lower 0.3 vs
flat expectations. These were dreadful but bulls brushed them off hoping for
more POMO
and extended ZIRP. Perhaps the stupid people are the ones
not playing ball, given rising markets on this lousy economic news. LinkedIn
should remind everyone of dotcom experiences but it's really about too much
liquidity. Commodity prices were generally lower with economic data while the
dollar was weaker and so too were base and precious metals. Bonds were flat
overall…’
Geithner:
There Will Be Another Storm Roche
‘(Tiny) Tim Geithner was recently interviewed by Andrew Ross Sorkin for the
upcoming film “Too Big To Fail”. His comments on the future were pretty
encouraging (via the Daily
Beast):
“It will come
again. There will be another storm,” warned Geithner, who in early 2009
succeeded Paulson as treasury secretary. “But it’s not going to come for a
while.”
Under mostly gentle
questioning from Pulitzer Prize-winning financial writer Liaquat Ahamed and New
York Times business columnist Andrew Ross Sorkin, author of the book on which
the film is based, Geithner said “I’m certain we will” experience another
catastrophe—he just couldn’t say when or what kind.
“You will not
know,” he answered when Sorkin tried to pin him down. “It’s not going to be
possible for people to capture risk with perfect foresight and knowledge.”
And of course he’s right. Mr. Geithner, the fox in
the hen house at the NY Fed while the too big to fail banks were becoming the
behemoths that they are, was instrumental in ensuring that too big to fail
became too bigger to fail. He
has been one of the primary players in the build-up of the Wall Street
financialization scheme. And worst of all, he knows that it has the ability to
cause another crippling storm.
The infuriating thing is that there are rules and
regulations that we could implement that would thwart or lessen the damage from
any future storms. But no, we choose instead to allow these companies to seek
profit maximization without requiring proper risk management. And in doing so,
it increases the instability of the entire system. The fact that our leaders
understand this is beyond maddening. And it would be funny if it wasn’t the
cause of so much hardship.’
Jailed
IMF chief resigns but maintains his innocence Strauss-Kahn, who is facing sexual assault
charges in N.Y., says he is stepping down with "infinite sadness" and
that he wants to devote "all my energy to proving my innocence." (Los
Angeles Times) I.M.F. Chief
Quits After His Arrest In Sexual Attack
(New York Times) [ Strauss-Kahn
resigns as head of the IMF
(Washington Post) [ So what! Who cares! There is not one head of even
one institution in the world today that deserves to keep their job; from
bernanke at the fed, to the nobel committee that awarded wobama the peace
prize, to geithner at treasury, to looney moony at the u.n., etc.. For jobs
poorly done, they should step down and make way for the generation that’s been
so negatively impacted by their venality, incompetence, corruption, etc… Why
Are Investors Fearful? Here are 19 Answers Khaner 5-17-11’
QE II: .. Place yer bets, place yer bets! Tick, tick, tick…
U.S. ECONOMY: Inventory built, inventory sold, inventory built, inventory sold.
..
UNEMPLOYMENT: ..(problematic)
U.S. DEBT CEILING: “Going up, she said, uh, huh…”
INVESTOR SENTIMENT: Mom & Pop investors still
getting’ their ya-yas out by pouring their savings into the equity markets. ..
Main Street flash crash.
HOUSING CRISIS: Markets worldwide still looking pricey..
INFLATION: Said to be “uncomfortably high” in London. Given the Brits penchant
for understatement..
SAUDI ARABIA: No one can convince me that they aren’t quietly calling all the
shots in the Middle East..
STOCK MARKET TECHNICALS: The technical signals aren’t flashing anything
definitive and the current low volume..
FLOODS: “High water rising, the shacks are sliding down, folks lose
their possessions -- folks are leaving town…” It's hold-your-breath time
as the Mississippi is flooding and the Louisiana gulf oil refineries may be
threatened.
OIL PRICES: We get to $3.50 per gallon by July 1 and all is well. We get to $3
per gallon by July 1 and all is well and riding in a new stretch SUV Land
Yacht! “It’s a party in the USA!"
ARAB SPRING: “Spring has sprung, the grass has risen’, I wonder where the
birdies is?” Answer: Any place but the Middle East!
LIBYA: ..
JAPAN: Lost 3.2 million jobs in March alone. Insert audible “Gasp” here.
CHINA: .. China starts punishing companies for publicly announcing that they're
about to raise prices on their products. “You woke up
this morning, the world turned upside down...”
RING OF FIRE + SPAIN: Talk about getting kicked when you’re down. And since
when does Europe get into the earthquake act?
CURRENCIES: The American Buck wakes from its deep slumber and bucks
hyper-levered commodity traders
right in the assets.
SOVEREIGN DEBT: .. all of Europe will get a hangover from this seemingly never
ending bacchanal.
COMMODITIES: ..oil, gold and silver staging freakishly odd crashes every other
day ..
.. http://www.minyanville.com/investing/lloyds-wall-of-worry/5/17/2011 ‘ ]
Gang
of Six, minus one, presses on The five remaining senators say they are
“encouraged” as Gang of Six deficit talks resume. (Washington Post) [Whew!
Close one! Nothing to worry about now with the ‘gang of five’ back on track … Riiiiight! … New
math for debt compromise With the “Gang of Six” down a member, Sen.
Chambliss will need to be the one selling any deal. (Washington Post) [ How ‘bout no math, which certainly would be
consistent. After all, in Washington, when has math ever mattered ... 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! ‘ .
… Osama
bin Laden: A dead nemesis
perpetuated by the US government ... 5-1-11
/ U.S. intelligence is that bin
Laden needs dialysis
every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1,
2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED
OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED
DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN
ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T
WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT
IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A
"REVENGE" ATTACK FROM "AL QAEDA" ON THE UNITED STATES, WITH
WHICH TO JUSTIFY TOTAL WAR ON THE MIDDLE EAST.
Bin Laden's voice was detected regularly until [12-14-01] by
intelligence operatives monitoring radio transmissions in Tora Bora, according
to the Pentagon [details]. Since then,
nothing has been heard from the al-Qa'eda leader ..[Telegraph, 12/28/2001]
Osama bin Laden: A dead nemesis perpetuated by the US government
Osama bin Laden is dead. The news first came from sources in
Afghanistan and Pakistan almost 6 mos ago: the fugitive died in December [2001]
and was buried in the mountains of southeast Afghanistan. Pakistan's president,
Pervez Musharraf, echoed the information. ..
..Osama bin Laden would not have.. remained silent for so long
if he were still alive. He always liked to take credit even for things he had
nothing to do with …[NYT 7-11-02]
FOX News Report: Bin Laden Already Dead
Fed
won’t expand easing policy Central
bank has been using “quantitative easing” to keep rates low to boost the
nations’ economy. (Washington Post) [El-Erian:
“Financial Repression” In the Form of a Negative Real Rate of Return for Savers
Is Coming to America Pimco co-chair El-Erian is saying that the major flaws
in the financial system will not be addressed, the government will keep on
printing money, and that the inflation-adjusted return on investments for most
Americans will be negative.Stock
Market: 4 Current Warning Signs
Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy, it’s never been higher. Yes, it’s
normal for insiders to be selling some of their stocks so they can buy new
yachts and some of this is pre-planned. But that ratio — which has spiked
recently — is extraordinarily high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market.
4) Key market
leaders are rolling over in price... ‘
Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar
24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
Many
With New College Degree Find the Job Market Humbling Employment rates for
new graduates have fallen sharply, as have starting salaries for those who can
find work. (New York Times) [ Yet, we
all know things are humming on wall street, and military recruitment is
up. This
is the grim economic
reality [ http://albertpeia.com/grimreality.htm America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
El-Erian:
“Financial Repression” In the Form of a Negative Real Rate of Return for Savers
Is Coming to America Pimco co-chair
El-Erian is saying that the major flaws in the financial system will not be
addressed, the government will keep on printing money, and that the
inflation-adjusted return on investments for most Americans will be
negative. Stock
Market: 4 Current Warning Signs
Navin ‘… 1) The 5-year high in the level of insider corporate stock
sales is telling. At 565 sells for every 1 buy, it’s never been higher. Yes,
it’s normal for insiders to be selling some of their stocks so they can buy new
yachts and some of this is pre-planned. But that ratio — which has spiked
recently — is extraordinarily high, one might even say off-the-chart. 2)
Professor Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16. 3) The failure of
the financial sector to keep up is a significant negative divergence for the
entire market. 4) Key market leaders are rolling over in price... ‘ Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’ billions from the fraud ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
This is an
especially great opportunity to sell / take profits while you still can since
there's much worse to come! Remember: ‘Sell in May and go away! …
Focus
Is on Obama as Tensions Soar Across Mideast
american and israeli officials are struggling to balance national
security interests against the need to adapt to a transformative movement in
the Arab world. (New York Times) [
Adapt? I don’t think so! I do believe that both nations are regressively but
nostalgically trying bring the world back to failed geopolitical paradigms that
made the 20th century the bloodiest century, not coincidentally the american
century (obviously for israel the latter half century). Yet, such a conditioned
psychopathic approach to global matters has led them self-destructively,
self-defeatingly, and ineluctably to decline, fall, and as with dinosaurs,
extinction, at least in a manner of speaking. Global information exchange at
lightning speed has made such throwbacks to a lost era, propaganda, and
maladaptive traits foolish at best, and deadly at worst. Intelligent people
worldwide aren’t buying the obsolete, Orwellian approach fostered by the
purveyors of global unrest; viz., israel, america, Orwellian england, etc..;
more specifically, diversion of the masses from the glaring failures of
leadership, economic and otherwise. CIA’s
stealth drones watched bin Laden house Sophisticated new stealth aircraft
flew dozens of secret missions deep into Pakistani airspace in an effort to
capture high-resolution video that satellites could not provide, U.S. officials
say. Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones |
Hamid Gul, former ISI chief, talks about NATO firing on Pakistani troops and
the prospect of WWIII. Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Watson | Spooks admitted creating
hoax videotapes of Osama talking about having sex with boys. [ Yeah! This is
becoming preposterous and it’s quite amazing that anyone’s believing anything
they say. Next thing you know, they’ll be saying beyond the porn stash, Bin
Laden was a closet Christian. Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: Editorial: US in
quagmire 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. Editorial:
Bin Laden raid no vindication of torture (Washington
Post) [ While I don’t disagree with this Editorial, I do disagree with the
premise; viz., that they truly sought to prevent that ultimate ‘pearl harbor
event’, to ratchet up the war spending / military industrial complex welfare
plan with broad based enthusiasm / support. Even war-monger mccain supports
this which also finds support in international law, treaties, conventions.I can
only wonder what the presence of substantially underrated President General
Eisenhower would have meant, and truly believe this entire debacle and the
nation’s decline would have been avoided.
“All
In All It Appears That Eisenhower’s Worst Fears Have Been Realized And His
Remarkable And Unique Warnings Given For Naught” Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’ 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
The latest case of U.S.
paranoia (Los Angeles Times) [ Yeah! This really needs to be said;
particularly when you take into account the reality, that while plentiful,
american laws are all but meaningless, arbitrarily enforced at best, and
‘federales’ and their supporters (more commonly called bribes, one way or form
or another) invariably the worst offenders. Though
having but 5% of the world’s population, u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 >(america is No. 1)
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Drudgereport: USA HITS DEBT CEILING...
TREASURY RAIDS PENSIONS...
OBAMA SIDES WITH THE
PALESTINIANS...
Netanyahu fumes at call to
return to '67 borders...
Abbas calls emergency Palestinian
Authority meeting...
Israeli Knesset member: Obama
is the new Arafat...
CHICAGOLAND: GODFATHER WANTS
CASINO...
Cornel West: Obama 'a black
mascot' and 'black puppet'...
Peter Fonda calls Obama
'traitor' at Cannes...
Obama, Sarkozy dissed in
films...
Doomsday Food Price Scenario
Turning Hedge Fund Managers into Survivalists...
In China, some new cities are
ghost towns...
RON PAUL: SELL THE
GOLD IN FORT KNOX... [ I personally believe that some has
already been ‘sold’, as in stole, with gold plate the replacement; after all,
with the wall street frauds, 360 tons of $100 bills flown into Iraq and
‘disappeared’, etc., why would same seem unlikely. ]
NEXT UP FOR BAILOUT: POST OFFICE...
4 MONTHS UNTIL DEFAULT... US Postal Service reports
$2.2B loss for quarter... [ And, let me add that they deserved that
loss. The USPS is totally unreliable and basically a jobs program for the
otherwise unemployable; and, they are also corrupt. I’ve previously set forth
the scenario where the postal service waylaid dvd disks sent
priority/confirmation and a second time, certified mail, to the FBI (violations
of federal law, tampering, obstruction, etc.), and ultimately additional copies
of said disks were delivered by the reliable, efficient, competitive,
performance-driven UPS (their parcel rates are roughly the same and yet half
the delivery time – Fedex is as unreliable as the USPS-and for some time had a
deal with the USPS)…infra ]
Medvedev warns West of new
Cold War...
Russia Expels Israel's
Military Attache...
U.S.-Israeli group tells
members not to boo president...
WHITE HOUSE SHUTS OUT
NEWSPAPER OVER 'BIAS'...
Veteran reporters mock WH
press for kowtowing to 'monarch'...
GOV'T MOTORS CHEERS CHINESE
COMMUNIST MOVIE...
US helicopter exchanges fire
with Pakistan troops on Afghan border...
...increasing tensions
Pakistan, China Grow
Closer...
New, federally-mandated light
bulbs will cost $50 -- each...
GE lobbied for them...
REPORT: Secret Service
interrogates 7th grader without parents' knowledge...
China cuts holdings of
Treasurys for 5th month...
U.S. borrows $58,000 a second...
BUCHANAN: 'Bad day for New
World Order'...
NO BAIL FOR WORLD'S BANKER
DOWN AND OUT IN MANHATTAN...
...sex charges
likely to isolate IMF in debt crisis talks
'BLOOD ON THE BED'...
Authorities investigating 'at
least one other' case...
CHANGE: Obama Assets Total as
Much as $12 Million...
GALLUP: OBAMA DROPS ANOTHER 2 POINTS, DOWN TO 46%...
...Post-Bin Laden Bump Has
Vanished
Hamas PM: Pray for an end to
Israel...
Protesters try to breach
Israeli border on 3 fronts...
Israel opens fire across
border with Lebanon...
Egypt police fire tear gas at
Nakba rally...
Demonstrators pour into
Israel from Syria...
'Iran fingerprints'...
'Terror truck' attack...
GALLUP: Obama slips back to 48/45...
Administration approves 200
more new Obamacare waivers...
IMF HEAD IN RAPE RAP...
New Details...
May Step Aside?
French presidential race
hopes in jeopardy...
'THUNDERBOLT'...
Ron Paul: 'These are the kind
of people running the IMF'...
9 civilians killed in U.S.
drone strike in Pakistan...
ALARM OVER APPROACHING
INSOLVENCY OF SOCIAL SECURITY, MEDICARE...
Social Security to run
'permanent' deficits...
Texas official accuses ATF of
starting wildfire...
'That bunch
has a real corner on stupid'...
British woman decapitated in
grocery store; killer flees with head...
Cannes: Diana doc slams UK
royals as 'gangsters'...
Senate Bill Gives Feds Power
to Order Blacklisting of Websites...
Treasury Auctions
to Push US Over Debt Ceiling...
McCARTHY: 'Not one Republican
vote' to borrow more without cuts...
REPORT: 48 Women Raped Every
Hour in Congo...
'DOLLAR IN GRAVER DANGER THAN
EURO'...
FORBES: RETURN TO GOLD
STANDARD WITHIN 5 YEARS...
In S.C., legislature takes
first step...
POLL: 1 in 5 say
bin Laden alive...
MICHELLE: KEEPS ON DANCING!
First Lady to host rapper who
talks of killing cops...
USA FREAK OUT: TERROR FEARS;
FALSE ALARMS...
Sen. Schumer Calls For Amtrak
'Do Not Ride' List...
Two tunnel 'breaches' cause
scare in NYC...
Threats Divert Planes in
Three Separate Incidents...
Passengers, flight crew
subdue man banging on cockpit door...
Dallas Train Station
Evacuated: Man Asked For Help Carrying Packages...
4 Arrested For Videotaping
TSA Line At Denver...
SHOCK PHOTO: TSA LOOKING FOR 'POOP BOMBS?'
U.S.-Pak. Rift Widens...
Pak. warns of 'full force'
response to future US raids...
S&P cuts Greece's
rating...
BOEHNER TO DEMAND NOT
BILLIONS, BUT TRILLIONS IN CUTS...
OIL REBOUNDS; 2ND LARGEST
GAIN ON RECORD...
REPORT: Housing crash getting
worse...
...values fall fastest rate since '08
Michelle Obama to host rapper
at WH who talks of killing cops...
'COMMAND CENTER'...
Pakistan skeptical of U.S.
claim bin Laden directed network...
Two loud explosions
heard in town where bin Laden killed...
Videos show 9-11 mastermind
watching himself on TV...
U.S. government censors
tapes, cuts audio...
Inside bin Laden's squalid
home...
NYT: Final days of
domesticity...
Drone Strike Kills 15 in
Pakistan...
First since bin Laden raid...
BIN LADEN SUPPORTERS RAGE ON THE STREETS OF LONDON, VOW
REVENGE...
Stage mock funeral in front
of US embassy...
Gas nat'l average: $3.99...
Eats 9% of household
budgets...
Average price sets record in
Indiana -- $4.25 a gallon...
$6.03 in Hawaii...
JAPAN URGES HALT AT THREE
REACTORS...
UNEMPLOYMENT BACK UP TO 9.0%...
Fannie Mae Reports $8.7B Loss
for First Quarter...
Seeks $8.5B more from
taxpayers...
APRIL JOBS: +244,000...
FUZZY MATH: How can US add jobs but the unemployment
rate go up?
Gas nat'l average: $3.99...
Eats 9% of household
budgets...
Average price sets record in
Indiana -- $4.25 a gallon...
$6.03 in Hawaii...
PAPER: GREECE EU EXIT?
Silver Plunge Spreads...
OIL GUTTED...
Price Slide Temporary, New Highs Likely: Goldman...
Fears linger of a new 'flash
crash'...
Euro Tumbles... CNN SHOCK POLL: RON PAUL HAS
BEST CHANCE VS OBAMA
National Home Prices Double Dip...
JOBLESS CLAIMS RISE TO 8
MONTH HIGH...
Fears linger of a new 'flash
crash'...
9-11 FAMILY: 'SHOW US PROOF
BIN LADEN KILLED'...
Victim's father: Obama
'putting too much spotlight on himself'...
Channels Bush at Ground Zero:
'We will never forget'...
Tells teen survivor he knows Justin Bieber...
Turns Back on 9/11 Family
Member...
AUDIO...
Muslim Brotherhood urges
review of Israel ties...
Pakistanis burn U.S. flags;
backlash over death grows...
Pakistan officials: No resistance
in 'cold-blooded' U.S. raid...
Warns America not to stage
any more...
Threatens 'disastrous
consequences'...
Muslims already name dump
location 'Martyr's Sea'...
OBAMA, NO PHOTOS OF OSAMA:
'We don't need to spike the football'...
'Conspiracy
theorists will just claim doctored'...
Sen. Scott Brown: 'I've seen
picture, he's definitely dead'...
UPDATE: Photo proving bin
Laden's death to Sen. Brown was faked...
three senators fell for fakes...
UPDATE: 'The photo I saw and
that a lot of other people saw is not authentic'...
Top Dem: No photo needed,
'there's absolute proof'...
REUTERS RELEASES 'DEATH SCENE' PHOTOS
**WARNING GRAPHIC**
UPDATE: Photo
proving bin Laden's death to Sen. Brown was faked...
Possibly three senators fell for fakes...
Pakistan: 'Not a single
bullet fired from compound'...
WIRE: Photos from 1 hour
after raid show 3 dead, no weapons...
The Slippery Story of the bin
Laden Kill...
Official says
'killed apparently by the U.S. raid team'...
DOLLAR HITS 3 YEAR LOW...
1 IN 7 ON FOOD STAMPS!
Job numbers disappoint...
Treasury suggests $2 trillion
debt cap raise...
REUTERS, AP
journalists describe staging of Obama photo taken after TV announcement of bin
Laden's death...
US Postal Service reports
$2.2B loss for quarter... [ And, let me add that they deserved that
loss. The USPS is totally unreliable and basically a jobs program for the
otherwise unemployable; and, they are also corrupt. I’ve previously set forth
the scenario where the postal service waylaid dvd disks sent
priority/confirmation and a second time, certified mail, to the FBI (violations
of federal law, tampering, obstruction, etc.), and ultimately additional copies
of said disks were delivered by the reliable, efficient, competitive,
performance-driven UPS (their parcel rates are roughly the same and yet half
the delivery time – Fedex is as unreliable as the USPS-and for some time had a
deal with the USPS). Amazon, Ebay, though a boon to the USPS, have consistently
failed to deliver in the realm of computers / peripherals. The following
includes a prior testimonial to the service, reliability of PRO Computer Center
( http://www.procomputercenter.com Pro
Computer Center, 10837 Santa Monica Blvd., Los Angeles, CA 90025 ) . Pro Computer Center is among the few remaining stores of their kind.
They are performance / service / customer oriented like no other surviving
computer retailer / repairer / service providers I’ve experienced. They’ve also
moved into the realm of computer forensics / data recovery in the context of
court proceedings where they’ve successfully performed where others failed and
at substantially more reasonable rates than ‘the competition’. My most recent computer problems accounting
for some website / posting delays has been once again been resolved by them and
another Dell computer (the circumstances of the most recent debacle was a
barrage of Trojans caught by my antivirus, one after another, then shutting
down my antivirus, ultimately freezing (no boot) my computer (I previously
alluded to my reasonable suspicions as to who perpetrated same). My experiences
with such as Amazon, Ebay have been atrocious and borderline if not outright
fraudulent (the shoddy sellers), time consuming, and aggravating in the ‘claims
process’. Moreover, the other brick and mortar stores, even if reputable, have
a fine print which lays most of the warrantee/ guarantee on the manufacturer.
In sum, Pro Computer Center does not have any ‘real’ competition. They are
currently building me a backup computer that comports with my budget and their survival
as a company, though somewhat rare among computer retailers of their type, is
totally understandable and a testament to high quality performance and
service. (Prior testimonial:
Pro Computer Center
10837 Santa Monica Blvd.
Los Angeles, CA 90025
Gentlemen:
I just wanted to extend to you and your company my sincere thanks
for a job well done. The Dell computer I recently purchased from you has lived
up to all your representations and as well, my own expectations. I bought my
first computer from you (Ben) in or around 1999. It was a Sony Vaio laptop
which owing to Windows Millenium and a very proprietary approach to computing
on the part of Sony, truth be told, was not the greatest system in terms of
stability (typical Millenium problems), but no fault of yours. Ultimately,
though functional, I traded the Vaio for a Mac, an accommodation by your
company seldom seen with other companies if at all (3+ years later). You’ve
always stood by your products / service, are available / accessible to field / handle
all questions / problems which is rare indeed. In Armand you have a top-notch
A+ Certified Tech who is patient, knowledgeable, and talented. Ruben, in truth
has been particularly instrumental in seeing to a smooth transition in my
recent dealings with your company as a knowledgeable IT Specialist and
especially as a savvy, capable manager. Since 1999 I’ve purchased five
computers from you and based upon performance, the sixth is assured.
Sincerely,
Albert L. Peia ) ]
Wall Street - Will it Lie and Cheat Stocks to New Highs?
May 18,
2011 ‘Dear Wall Street and
government officials (domestically and abroad), please take the following
definition and post it where you see it daily (no, the latrine doesn't count):
Risk On/Risk Off Markets: Dave's Daily ‘Most investors were waiting for the 2PM Fed Minutes
which offered few surprises. In it some governors were worried about inflation
while others economic weakness. The unspoken conclusion is stagflation.
Nevertheless, some Canadian wild fires near oil sands production areas halted
production which, when combined with slightly lower oil inventories, pushed
energy prices higher. This took the entire commodity complex higher once again
squeezing shorts. With commodity prices higher, stocks also took-off with
the most volatile and oversold sectors (EMs and Small Caps) leading the charge
higher. Bond prices reversed course and the dollar was mostly flat. One
of the last companies to report earnings was Dell (DELL) which beat
expectations. This led tech sectors higher despite quickly forgotten misses by
Cisco (CSCO) and Hewlett Packard (HPQ). There have also been plenty of ignored
casualties along the way as companies like Staples (SPLS) and AFLAC (AFL) reports
disappointed. That said, markets are just plain "jumpy" and there's
plenty of big money stock bets by hedge funds and others that need defending so
any excuse will do. For all the bullishness volume was once again ultra-light
which has been the signature of comeback rallies over the past nine months …’
Floyd Norris
Blog Housing
Starts: Still Dead NORRIS Home
construction is at a new low, and for good reasons. But wouldn't it be nice to
put all those unemployed people to work building something we need? (New York
Times) [ ‘Wouldn’t it be nice’ … Sounds like a Beach Boys song … then there are
tooth fairies, etc.. The very bad news hardly affects the
fraudulent stock market as we saw in the last hour’s trading with suckers’
rally to keep the suckers sucked in. Then of course, there’s reality, which of
course, is not lost on insiders. A storm gathers over equities markets (Reuters) Stock
Market: 4 Current Warning Signs
Navin ‘…
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market.
4) Key market
leaders are rolling over in price... ‘
Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar
Selling
In May Is Very Good Advice This Year Harding 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
]
British
queen arrives in Ireland Queen Elizabeth II’s visit overshadowed by
security scares. (Washington Post) [ ‘How sweet she is’ … that ‘sweet liz’ …
that is … Diana
film causes stir at Cannes “Unlawful
Killing” has a combination of celebrity, controversy and canny hype-mongering.
(Washington Post) [ Let’s not kid
ourselves … and, Dodi Fayed’s father was no dope and knew the score. Indeed,
it’s not coincidental that William’s the over-riding favorite of granny Liz II;
after all, Harry’s the bastard son of Hewitt (don’t buy into their DNA proffer
which they did buy – you know, that ‘bloodline thing’). Moreover, it was
reported that Diana had another ‘potential challenger in the oven’ at the time
of her death and we all know how dicey such english affairs of state can be
(ie., Henry VIII, Richard III, etc.). Then there’s the contempt of Diana for
having brought the son of her bosom, Chas, down. Do I think she said flat out
‘kill Diana’. No … more of a ‘do what’s necessary’ to mi6 et als. Ultimately,
William will require some substantial
therapy to sort out this looming conflict. After all, Diana was his
mother. Drudgereport: British woman decapitated in
grocery store; killer flees with head... Cannes: Diana doc slams UK
royals as 'gangsters'... Though having
but 5% of the world’s population, u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
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 >(america is No. 1).
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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’ billions from the fraud ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
In
Rust Belt, new jobs but smaller wages The nation’s factories have added
250,000 jobs since the beginning of last year — about 13 percent of what
was lost during the recent recession — marking the first sustained increase in
manufacturing employment since 1997. But the new hiring also reflects another
emerging reality of U.S. manufacturing.
In
the Rust Belt, glimmers of a new shine Stocks
erase declines as shares advance (Washington Post) [ Come on! Wake up! Just another round of
pre-election, make-shift, taxpayer-subsidized talking points. . 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Bernanke
prepares to make history (WP) [ He already has! $6 gas acomin’..
hyperinflation as predicted well on the way from over-printing of fiat paper
currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
4. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Treasury
to tap pensions to fund government (WP)
New
math for debt compromise With the “Gang of Six” down a member, Sen.
Chambliss will need to be the one selling any deal. (Washington Post) [ How ‘bout no math, which certainly would be
consistent. After all, in Washington, when has math ever mattered ... 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! ‘ .
… Osama
bin Laden: A dead nemesis
perpetuated by the US government ... 5-1-11
/ U.S. intelligence is that bin
Laden needs dialysis
every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1,
2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED
OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED
DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN
ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T
WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT
IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE"
ATTACK FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY
TOTAL WAR ON THE MIDDLE EAST.
Bin Laden's voice was detected regularly until [12-14-01] by
intelligence operatives monitoring radio transmissions in Tora Bora, according
to the Pentagon [details]. Since then,
nothing has been heard from the al-Qa'eda leader ..[Telegraph, 12/28/2001]
Osama bin Laden: A dead nemesis perpetuated by the US government
Osama bin Laden is dead. The news first came from sources in
Afghanistan and Pakistan almost 6 mos ago: the fugitive died in December [2001]
and was buried in the mountains of southeast Afghanistan. Pakistan's president,
Pervez Musharraf, echoed the information. ..
..Osama bin Laden would not have.. remained silent for so long
if he were still alive. He always liked to take credit even for things he had
nothing to do with …[NYT 7-11-02]
FOX News Report: Bin Laden Already Dead
CIA’s
stealth drones watched bin Laden house Sophisticated new stealth aircraft
flew dozens of secret missions deep into Pakistani airspace in an effort to
capture high-resolution video that satellites could not provide, U.S. officials
say. Pakistani
troops, NATO helicopters engage in firefight 6th
soldier charged in plot to kill Afghan civilians (Washington Post) [ Gen. Hamid Gul: U.S. Generals Provoking War with Pakistan
Jones |
Hamid Gul, former ISI chief, talks about NATO firing on Pakistani troops and
the prospect of WWIII. Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Watson | Spooks admitted creating
hoax videotapes of Osama talking about having sex with boys. [ Yeah! This is
becoming preposterous and it’s quite amazing that anyone’s believing anything
they say. Next thing you know, they’ll be saying beyond the porn stash, Bin
Laden was a closet Christian. Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php 5-1-11, JUST
MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN
LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF
SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED
IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… FLASHBACK: 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. Editorial:
Bin Laden raid no vindication of torture (Washington
Post) [ While I don’t disagree with this Editorial, I do disagree with the
premise; viz., that they truly sought to prevent that ultimate ‘pearl harbor
event’, to ratchet up the war spending / military industrial complex welfare
plan with broad based enthusiasm / support. Even war-monger mccain supports
this which also finds support in international law, treaties, conventions.I can
only wonder what the presence of substantially underrated President General
Eisenhower would have meant, and truly believe this entire debacle and the
nation’s decline would have been avoided.
“All
In All It Appears That Eisenhower’s Worst Fears Have Been Realized And His
Remarkable And Unique Warnings Given For Naught”
Wall Street snaps losing streak, but headwinds remain (Reuters)
Most at Fed want rate hikes before asset sales (Reuters)
Baidu, China sued in U.S. for Internet censorship (Reuters) [ As indeed they should be … there is no excuse for censorship in any nation including pervasively corrupt, defacto bankrupt america … particularly those purporting to be global, and hence, the communist chinese must ‘pay (with transparency) to play’. ]
Selling
Gold at Fort Knox Emerges as Next Big Question in Debate on Federal Debt Limit The
next big question on the federal debt limit could be whether to start selling
the government’s holdings of gold at Fort Knox — and at least one presidential
contender, Ron Paul, has told The New York Sun he thinks it would be a good
move. Drudgereport: RON PAUL: SELL THE
GOLD IN FORT KNOX... [ I
personally believe that some has already been sold, as in stole, with gold
plate the replacement; after all, with the wall street frauds, 360 tons of $100
bills flown into Iraq and ‘disappeared’, etc., why would same seem unlikely. ]
El-Erian:
“Financial Repression” In the Form of a Negative Real Rate of Return for Savers
Is Coming to America Pimco co-chair El-Erian is saying that the major flaws
in the financial system will not be addressed, the government will keep on
printing money, and that the inflation-adjusted return on investments for most
Americans will be negative.
8
Reasons Why China Resembles The USA Prior To The Great Depression I wanted
to pass along some excellent thoughts from Mark Lapolla of Knight Capital.
NATO
in Libya: Besides the Oil, Is It Also a Gold Robbery? The IMF data show
Libya’s reserves to be 4.6 million ounces, a figure of nearly 144 tons. At
current market prices the value is over $6bn.
Drudgereport: USA HITS DEBT CEILING...
TREASURY RAIDS PENSIONS...
RON PAUL: SELL THE
GOLD IN FORT KNOX... [ I personally believe that some has
already been ‘sold’, as in stole, with gold plate the replacement; after all,
with the wall street frauds, 360 tons of $100 bills flown into Iraq and
‘disappeared’, etc., why would same seem unlikely. ]
NEXT UP FOR BAILOUT: POST OFFICE...
4 MONTHS UNTIL DEFAULT... US Postal Service reports
$2.2B loss for quarter... [ And, let me add that they deserved that
loss. The USPS is totally unreliable and basically a jobs program for the
otherwise unemployable; and, they are also corrupt. I’ve previously set forth
the scenario where the postal service waylaid dvd disks sent priority/confirmation
and a second time, certified mail, to the FBI (violations of federal law,
tampering, obstruction, etc.), and ultimately additional copies of said disks
were delivered by the reliable, efficient, competitive, performance-driven UPS
(their parcel rates are roughly the same and yet half the delivery time – Fedex
is as unreliable as the USPS-and for some time had a deal with the USPS)…infra
]
Medvedev warns West of new
Cold War...
Russia Expels Israel's
Military Attache...
U.S.-Israeli group tells
members not to boo president...
WHITE HOUSE SHUTS OUT
NEWSPAPER OVER 'BIAS'...
Veteran reporters mock WH
press for kowtowing to 'monarch'...
GOV'T MOTORS CHEERS CHINESE
COMMUNIST MOVIE...
US helicopter exchanges fire
with Pakistan troops on Afghan border...
...increasing tensions
Pakistan, China Grow
Closer...
New, federally-mandated light
bulbs will cost $50 -- each...
GE lobbied for them...
REPORT: Secret Service
interrogates 7th grader without parents' knowledge...
China cuts holdings of
Treasurys for 5th month...
U.S. borrows $58,000 a second...
BUCHANAN: 'Bad day for New
World Order'...
NO BAIL FOR WORLD'S BANKER
DOWN AND OUT IN MANHATTAN...
...sex charges
likely to isolate IMF in debt crisis talks
'BLOOD ON THE BED'...
Authorities investigating 'at
least one other' case...
CHANGE: Obama Assets Total as
Much as $12 Million...
GALLUP: OBAMA DROPS ANOTHER 2 POINTS, DOWN TO 46%...
...Post-Bin Laden Bump Has
Vanished
Hamas PM: Pray for an end to
Israel...
Protesters try to breach
Israeli border on 3 fronts...
Israel opens fire across
border with Lebanon...
Egypt police fire tear gas at
Nakba rally...
Demonstrators pour into
Israel from Syria...
'Iran fingerprints'...
'Terror truck' attack...
GALLUP: Obama slips back to 48/45...
Administration approves 200
more new Obamacare waivers...
IMF HEAD IN RAPE RAP...
New Details...
May Step Aside?
French presidential race
hopes in jeopardy...
'THUNDERBOLT'...
Ron Paul: 'These are the kind
of people running the IMF'...
9 civilians killed in U.S.
drone strike in Pakistan...
ALARM OVER APPROACHING
INSOLVENCY OF SOCIAL SECURITY, MEDICARE...
Social Security to run
'permanent' deficits...
Texas official accuses ATF of
starting wildfire...
'That bunch
has a real corner on stupid'...
British woman decapitated in
grocery store; killer flees with head...
Cannes: Diana doc slams UK
royals as 'gangsters'...
Senate Bill Gives Feds Power
to Order Blacklisting of Websites...
Treasury Auctions
to Push US Over Debt Ceiling...
McCARTHY: 'Not one Republican
vote' to borrow more without cuts...
REPORT: 48 Women Raped Every
Hour in Congo...
'DOLLAR IN GRAVER DANGER THAN
EURO'...
FORBES: RETURN TO GOLD
STANDARD WITHIN 5 YEARS...
In S.C., legislature takes
first step...
POLL: 1 in 5 say
bin Laden alive...
MICHELLE: KEEPS ON DANCING!
First Lady to host rapper who
talks of killing cops...
USA FREAK OUT: TERROR FEARS;
FALSE ALARMS...
Sen. Schumer Calls For Amtrak
'Do Not Ride' List...
Two tunnel 'breaches' cause scare
in NYC...
Threats Divert Planes in
Three Separate Incidents...
Passengers, flight crew
subdue man banging on cockpit door...
Dallas Train Station
Evacuated: Man Asked For Help Carrying Packages...
4 Arrested For Videotaping
TSA Line At Denver...
SHOCK PHOTO: TSA LOOKING FOR 'POOP BOMBS?'
U.S.-Pak. Rift Widens...
Pak. warns of 'full force'
response to future US raids...
S&P cuts Greece's
rating...
BOEHNER TO DEMAND NOT
BILLIONS, BUT TRILLIONS IN CUTS...
OIL REBOUNDS; 2ND LARGEST
GAIN ON RECORD...
REPORT: Housing crash getting
worse...
...values fall fastest rate since '08
Michelle Obama to host rapper
at WH who talks of killing cops...
'COMMAND CENTER'...
Pakistan skeptical of U.S.
claim bin Laden directed network...
Two loud explosions
heard in town where bin Laden killed...
Videos show 9-11 mastermind
watching himself on TV...
U.S. government censors
tapes, cuts audio...
Inside bin Laden's squalid
home...
NYT: Final days of
domesticity...
Drone Strike Kills 15 in
Pakistan...
First since bin Laden raid...
BIN LADEN SUPPORTERS RAGE ON THE STREETS OF LONDON, VOW
REVENGE...
Stage mock funeral in front
of US embassy...
Gas nat'l average: $3.99...
Eats 9% of household
budgets...
Average price sets record in
Indiana -- $4.25 a gallon...
$6.03 in Hawaii...
JAPAN URGES HALT AT THREE
REACTORS...
UNEMPLOYMENT BACK UP TO
9.0%...
Fannie Mae Reports $8.7B Loss
for First Quarter...
Seeks $8.5B more from
taxpayers...
APRIL JOBS: +244,000...
FUZZY MATH: How can US add jobs but the unemployment
rate go up?
Gas nat'l average: $3.99...
Eats 9% of household
budgets...
Average price sets record in
Indiana -- $4.25 a gallon...
$6.03 in Hawaii...
PAPER: GREECE EU EXIT?
Silver Plunge Spreads...
OIL GUTTED...
Price Slide Temporary, New Highs Likely: Goldman...
Fears linger of a new 'flash
crash'...
Euro Tumbles... CNN SHOCK POLL: RON PAUL HAS
BEST CHANCE VS OBAMA
National Home Prices Double Dip...
JOBLESS CLAIMS RISE TO 8
MONTH HIGH...
Fears linger of a new 'flash
crash'...
9-11 FAMILY: 'SHOW US PROOF
BIN LADEN KILLED'...
Victim's father: Obama
'putting too much spotlight on himself'...
Channels Bush at Ground Zero:
'We will never forget'...
Tells teen survivor he knows Justin Bieber...
Turns Back on 9/11 Family
Member...
AUDIO...
Muslim Brotherhood urges
review of Israel ties...
Pakistanis burn U.S. flags;
backlash over death grows...
Pakistan officials: No
resistance in 'cold-blooded' U.S. raid...
Warns America not to stage
any more...
Threatens 'disastrous
consequences'...
Muslims already name dump
location 'Martyr's Sea'...
OBAMA, NO PHOTOS OF OSAMA:
'We don't need to spike the football'...
'Conspiracy
theorists will just claim doctored'...
Sen. Scott Brown: 'I've seen
picture, he's definitely dead'...
UPDATE: Photo proving bin
Laden's death to Sen. Brown was faked...
three senators fell for fakes...
UPDATE: 'The photo I saw and
that a lot of other people saw is not authentic'...
Top Dem: No photo needed,
'there's absolute proof'...
REUTERS RELEASES 'DEATH SCENE' PHOTOS
**WARNING GRAPHIC**
UPDATE: Photo
proving bin Laden's death to Sen. Brown was faked...
Possibly three senators fell for fakes...
Pakistan: 'Not a single
bullet fired from compound'...
WIRE: Photos from 1 hour
after raid show 3 dead, no weapons...
The Slippery Story of the bin
Laden Kill...
Official says
'killed apparently by the U.S. raid team'...
DOLLAR HITS 3 YEAR LOW...
1 IN 7 ON FOOD STAMPS!
Job numbers disappoint...
Treasury suggests $2 trillion
debt cap raise...
REUTERS, AP
journalists describe staging of Obama photo taken after TV announcement of bin
Laden's death...
US Postal Service reports
$2.2B loss for quarter... [ And, let me add that they deserved that
loss. The USPS is totally unreliable and basically a jobs program for the
otherwise unemployable; and, they are also corrupt. I’ve previously set forth
the scenario where the postal service waylaid dvd disks sent
priority/confirmation and a second time, certified mail, to the FBI (violations
of federal law, tampering, obstruction, etc.), and ultimately additional copies
of said disks were delivered by the reliable, efficient, competitive,
performance-driven UPS (their parcel rates are roughly the same and yet half
the delivery time – Fedex is as unreliable as the USPS-and for some time had a
deal with the USPS). Amazon, Ebay, though a boon to the USPS, have consistently
failed to deliver in the realm of computers / peripherals. The following
includes a prior testimonial to the service, reliability of PRO Computer Center
( http://www.procomputercenter.com Pro
Computer Center, 10837 Santa Monica Blvd., Los Angeles, CA 90025 ) . Pro Computer Center is among the few remaining stores of their
kind. They are performance / service / customer oriented like no other
surviving computer retailer / repairer / service providers I’ve experienced.
They’ve also moved into the realm of computer forensics / data recovery in the
context of court proceedings where they’ve successfully performed where others
failed and at substantially more reasonable rates than ‘the competition’. My most recent computer problems accounting
for some website / posting delays has been once again been resolved by them and
another Dell computer (the circumstances of the most recent debacle was a
barrage of Trojans caught by my antivirus, one after another, then shutting
down my antivirus, ultimately freezing (no boot) my computer (I previously
alluded to my reasonable suspicions as to who perpetrated same). My experiences
with such as Amazon, Ebay have been atrocious and borderline if not outright
fraudulent (the shoddy sellers), time consuming, and aggravating in the ‘claims
process’. Moreover, the other brick and mortar stores, even if reputable, have
a fine print which lays most of the warrantee/ guarantee on the manufacturer. In
sum, Pro Computer Center does not have any ‘real’ competition. They are
currently building me a backup computer that comports with my budget and their
survival as a company, though somewhat rare among computer retailers of their
type, is totally understandable and a testament to high quality performance and
service. (Prior testimonial:
Pro Computer Center
10837 Santa Monica Blvd.
Los Angeles, CA 90025
Gentlemen:
I just wanted to extend to you and your company my sincere thanks
for a job well done. The Dell computer I recently purchased from you has lived
up to all your representations and as well, my own expectations. I bought my
first computer from you (Ben) in or around 1999. It was a Sony Vaio laptop
which owing to Windows Millenium and a very proprietary approach to computing
on the part of Sony, truth be told, was not the greatest system in terms of
stability (typical Millenium problems), but no fault of yours. Ultimately,
though functional, I traded the Vaio for a Mac, an accommodation by your company
seldom seen with other companies if at all (3+ years later). You’ve always
stood by your products / service, are available / accessible to field / handle
all questions / problems which is rare indeed. In Armand you have a top-notch
A+ Certified Tech who is patient, knowledgeable, and talented. Ruben, in truth
has been particularly instrumental in seeing to a smooth transition in my
recent dealings with your company as a knowledgeable IT Specialist and
especially as a savvy, capable manager. Since 1999 I’ve purchased five
computers from you and based upon performance, the sixth is assured.
Sincerely,
Albert L. Peia ) ]
Why
Are Investors Fearful? Here are 19 Answers Khaner May 17,
2011 ‘It's hold-your-breath time as investors worry about inflation, housing,
the end of QE2, the Mississipi flood and more.
Investors are worried. The end of QE2 is in sight,
the Brits are talking about inflation, and the future of oil, housing and the
US economy looks uncertain. Add to these the economic threat posed by
Mississippi River flood waters, and you've got countless sleepless nights.
Here's a look at all the issues making the market nervous
this week. For more on how to use Lloyd's Wall of Worry, see below.
QE II: Much ado about nothing? Or much ado about something? Place yer bets,
place yer bets! Tick, tick, tick…
U.S. ECONOMY: Inventory built, inventory sold, inventory built, inventory sold.
“And the beat goes on...” This is going to be our economic
path until further notice so dig the groove, `cause it’s the only disc we got
to spin.
UNEMPLOYMENT: We added 244,000 new jobs! Not ready to body surf the crowd
to "The
Boys Are Back In Town" yet but it's a solid six-digit number.
U.S. DEBT CEILING: “Going up, she said, uh, huh…” And it's just a matter of
when, not if. Still worth fretting about though.
INVESTOR SENTIMENT: Mom & Pop investors still
getting’ their ya-yas out by pouring their savings into the equity markets.
Here's hoping they don't suddenly throw their ya-yas into reverse and give us a
Main Street flash crash.
HOUSING CRISIS: Markets worldwide still looking pricey. I saw a listing for a
rectangular, poured concrete split-level in a high-end military suburb of
Pakistan that’s going for a million clams! Even with free weekly goat delivery
thrown in, it still seems steep.
INFLATION: Said to be “uncomfortably high” in London. Given the Brits penchant
for understatement, that translates into “my pants are on fire and I can’t
afford to buy any water to put them out.”
SAUDI ARABIA: No one can convince me that they aren’t quietly calling all the
shots in the Middle East. Hope somebody whispers to them that there's no room
for error here.
STOCK MARKET TECHNICALS: The technical signals aren’t flashing anything
definitive and the current low volume, tight equity trading range
is just too tough when you’re trying to make an honest living scalping a
vulnerable market. Is nothing sacred anymore?
FLOODS: “High water rising, the shacks are sliding down, folks lose
their possessions -- folks are leaving town…” It's hold-your-breath time
as the Mississippi is flooding and the Louisiana gulf oil refineries may be
threatened.
OIL PRICES: We get to $3.50 per gallon by July 1 and all is well. We get to $3
per gallon by July 1 and all is well and riding in a new stretch SUV Land
Yacht! “It’s a party in the USA!"
ARAB SPRING: “Spring has sprung, the grass has ris’, I wonder where the birdies
is?” Answer: Any place but the Middle East!
LIBYA: Turkey, their last best friend and biggest toe, just threw in the towel
on them. C’mon Libby, walk away before they carry you away.
JAPAN: Lost 3.2 million jobs in March alone. Insert audible “Gasp” here.
CHINA: The Tony Soprano School of Management springs to life. China starts
punishing companies for publicly announcing that they're about to raise prices
on their products. “You woke up this morning, the world turned upside down...”
RING OF FIRE + SPAIN: Talk about getting kicked when you’re down. And since
when does Europe get into the earthquake act?
CURRENCIES: The American Buck wakes from its deep slumber and bucks
hyper-levered commodity traders
right in the assets.
SOVEREIGN DEBT: Hoopah! Hoopah! Greece is still livin’ large and partying in
the face of fiscal austerity promises. Unfortunately all of Europe will get a
hangover from this seemingly never ending bacchanal.
COMMODITIES: Correct me if I’m wrong but are oil, gold and silver staging
freakishly odd crashes every other day or is it just me? When you come up with
the answer just look for me under my desk.
What Is Lloyd's Wall of Worry?
By Lloyd Khaner
Since the 1930s, when Benjamin Graham created the concept of "Mr.
Market," investors have been trying to figure out what events or fears are
influencing the market. Investors call this body of concerns the "Wall of
Worry."
Oddly, no one has ever kept a list of the worries, except for me. I've been
managing money for the last 20 years and keeping a running tally of all the
things that are bothering investors. It's an important part of my value investment
discipline, because when Mr. Market gets nervous, stocks tend to get cheaper.
As Warren Buffett says: "Be fearful when others are greedy and be greedy
when others are fearful."
Click on the image below to view the interactive Wall of Worry page.
http://www.minyanville.com/investing/lloyds-wall-of-worry/5/17/2011 ‘
Human
Hair Now More Valuable Than US Dollar
‘According to the New York Times, thieves breaking into beauty
parlors are more interested in making off with
hair extensions than cash.
"One indication of how quickly the focus of some thieves has shifted to
high-end hair is the experience of the Beauty One hair supply store in Chicago:
two years ago, thieves went after the store’s cash, but last month, they
bypassed the register altogether and took just the hair, which was valued at
$90,000," reporter Timothy Williams writes…’
Selling
In May Is Very Good Advice This Year Harding Stocks
slip after three-day rally (Washington Post) [
Top 3 Reasons Markets Tanked with Oil WSCS…
1) Commodities
and Oil got slaughtered. .. widening trade gap.
2) Insiders
finally getting busted.. but what about what large banks, investment banks, and
mortgage companies did to the US economy…these insider trading cases are
basically sideshows…
Fed
official calls for vigilance (WP)
[ Who’s still buying their
b***s***! Much higher prices / inflation’s already here. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Bernanke
prepares to make history (WP) [ He already has! $6 gas acomin’..
hyperinflation as predicted well on the way from over-printing of fiat paper
currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
5. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Pension
plan draws ire of workers Proposal
to raise payroll deductions of federal workers could make public sector work
less attractive.
Diary:
Federal workers are raising the roof Treasury
to tap pensions to fund government (Washington Post) [ Most people thought this to be beyond the
realm of possibility; yet, it’s happening and far worse is yet to come, their
desperation being seen in so many ways. As far as public sector ‘work’ being
less attractive, let’s not forget the fact that these non-productive,
over-paid, over-valued public employees, like those of the u.s. postal service,
are otherwise unemployable, and as such, tend to favor party-campaign
benefactors as, ie., fraudulent wall street, etc.. Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development :
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
…
..Butler|Philbrick & Associates
conducted a study
that combined the Shiller CAPE ratio, the Q-Ratio, long-term price deviations
and total return trends. The following graph from DShort.com
displays 15-year actual stock market returns and projected returns since 1900
..
http://static.seekingalpha.com/uploads/2011/5/14/668911-13054033822883-Erik-McCurdy.png
With a couple
of notable exceptions, actual returns have tracked projected returns almost
exactly during the past 110 years. .. this model projects that stocks will
return -0.5% during the next 10 years and 0.6% during the next 15 years..
stocks are likely to produce no gains for the next 15 years. .. However, the
fact remains that stocks are priced to deliver historically poor returns as
investment vehicles for the foreseeable future.
While
valuation-based forecasting models project a poor long-term outlook, chart
analysis and internal data also suggest that the stock market has entered a
period of heightened risk from an intermediate-term perspective. ..
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540340946043-Erik-McCurdy.png
The rally is
now 26 months old and cyclical
bulls that occur during secular bears..
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540342919514-Erik-McCurdy_origin.png
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540344803643-Erik-McCurdy_origin.png
http://static.seekingalpha.com/uploads/2011/5/14/668911-13054034630148-Erik-McCurdy_origin.png
http://static.seekingalpha.com/uploads/2011/5/14/668911-13054034630148-Erik-McCurdy.png
Finally, our
sentiment score recently declined to the lowest level since late 2007, reflecting
an excessive amount of bullish sentiment that leaves the stock market
vulnerable to an abrupt, violent decline.
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540347838945-Erik-McCurdy_origin.png
Lawmakers
rebuff restitution (Washington Post)
Investors in an alleged Ponzi scheme say their pleas for reimbursement
fall on deaf ears. ‘While Allen Stanford was flying high, he and his colleagues
spent more than $10 million on campaign contributions and lobbying
payments to curry favor in Washington. But all that money was diverted from
investors in what authorities have called an elaborate Ponzi
scheme, second only to Bernard
Madoff’s in U.S. history, according to court documents…’ [ No surprise here
from the accomplices / facilitators of frauds such as this which are plentiful
in pervasively corrupt, defacto bankrupt america.
A storm gathers over equities markets (Reuters) Stock
Market: 4 Current Warning Signs
Navin ‘…
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market.
4) Key market
leaders are rolling over in price... ‘
Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar
Selling
In May Is Very Good Advice This Year Harding 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Study:
$2 trillion for infrastructure U.S. is falling dramatically behind in
rebuilding and expanding its transportation network, study says. (Washington
Post) [ As if that was all pervasively
corrupt, defacto bankrupt america was falling behind in. Moreover, even the
simplistic answer, ‘you can’t spend what you don’t have’, is regrettably
inapposite. The problem is, defacto bankrupt america is spending what it
doesn’t really have. More importantly, pervasively corrupt america is spending
what it doesn’t really have on war, and such other manipulations as fraudulent
wall street, most of which is immediately or ultimately a net negative in real
economic terms. 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! ‘
. … Osama
bin Laden: A dead nemesis
perpetuated by the US government ... 5-1-11
/ U.S. intelligence is that bin
Laden needs dialysis
every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1,
2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED
OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED
DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN
ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T
WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT
IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A
"REVENGE" ATTACK FROM "AL QAEDA" ON THE UNITED STATES, WITH
WHICH TO JUSTIFY TOTAL WAR ON THE MIDDLE EAST.
Bin Laden's voice was detected regularly until [12-14-01] by
intelligence operatives monitoring radio transmissions in Tora Bora, according
to the Pentagon [details]. Since then,
nothing has been heard from the al-Qa'eda leader ..[Telegraph, 12/28/2001]
Osama bin Laden: A dead nemesis perpetuated by the US government
Osama bin Laden is dead. The news first came from sources in
Afghanistan and Pakistan almost 6 mos ago: the fugitive died in December [2001]
and was buried in the mountains of southeast Afghanistan. Pakistan's president,
Pervez Musharraf, echoed the information. ..
..Osama bin Laden would not have.. remained silent for so long if
he were still alive. He always liked to take credit even for things he had
nothing to do with …[NYT 7-11-02]
FOX News Report: Bin Laden Already Dead
Dionne:
Why did the media fall for Trump? (Washington Post) [ In addition to being a mobster, trump was /
is always a joke and a certifiable mental case. The real question is why the
media continues to fall for wobama. SEC
urged to ease fundraising rules
(Washington Post) [ REDUNDANT! I
mean come on! Any more ‘easing’ and we’d be in negative territory where they
actually reward you for breaking the rules which is currently the reality in
pervasively corrupt, defacto bankrupt, meaningfully lawless america. Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
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 ). That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
U.S.
speeds up direct talks with Taliban
Officials say they hope the negotiations, initiated several months ago,
will enable President Obama to report progress in ending the Afghan war when he
announces troop withdrawals in July. (Washington Post) [ Well, no biggy … after all, they’ve been
reporting and will continue reporting ‘progress’ regardless of the reality and
prospectively why should we expect the truth, particularly in this so called
election cycle. Even MSNBC’s Chris Matthews Admits the CIA is Engaging in
“Psy-Ops” With The Bin Laden Raid Youtube Bin Laden’s “One Million Page Cache” Will Be Used To
Legitimize Official 9/11 Fable Paul Watson | The White House claims it has recovered
one million pages of data from the Bin Laden compound… That’s exactly what they want … for the
benefit of the military industrial complex that has steadily drained the
dwindling resourses of this country to defacto bankruptcy. Editorial:
Bin Laden raid no vindication of torture (Washington
Post) [ While I don’t disagree with this Editorial, I do disagree with the
premise; viz., that they truly sought to prevent that ultimate ‘pearl harbor
event’, to ratchet up the war spending / military industrial complex welfare
plan with broad based enthusiasm / support. Even war-monger mccain supports
this which also finds support in international law, treaties, conventions.I can
only wonder what the presence of substantially underrated President General
Eisenhower would have meant, and truly believe this entire debacle and the
nation’s decline would have been avoided.
“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 (Ike) 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 military-industrial
complex – and it’s threat to our prosperity – 50 years ago. 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. ….. Indeed, 911 itself; that ‘pearl harbor
event’ so sought by the neo-cons / war mongers still defies explanation (ie.,
the ‘stand-down order’, symmetrical implosions, foreknowledge by some {who
conveniently ‘missed the party’ that day}, etc.. Some links, echoing the
disbelief akin to the ‘Jessica Lynch’, Tillman,
etc., affairs follow. People must realize that though
having but 5% of the world’s population, america can boast 76% of the world’s
serial killers and the highest crime rates in the world by far. That perverse
field of dreams I’ve previously alluded to, the american nightmare, if you
build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and, to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Paul Joseph Watson | Spooks admitted
creating hoax videotapes of Osama talking about having sex with boys. [ Yeah!
This is becoming preposterous and it’s quite amazing that anyone’s believing
anything they say. Next thing you know, they’ll be saying beyond the porn
stash, Bin Laden was a closet Christian.
Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php ON MAY 1,
2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED
OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED
DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN
ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T
WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT
IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A
"REVENGE" ATTACK FROM "AL QAEDA" ON THE UNITED STATES, WITH
WHICH TO JUSTIFY TOTAL WAR ON THE MIDDLE EAST… [ infra, for article text ] FLASHBACK: 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.
10
Indications The United States Is A Dictatorship
For a people
to be free, they must first be honest with themselves, their government, and
the world at large. History is filled with stories of free nations that fell
under the spell cast by their governments who exploited the threat of terror…
1. Rule by force, not by law: This is
where it all begins; when the legal framework that serves to define a country
and its behavior is dismantled and intimidation tactics take
over. In the most extreme case, drone bombings and assassinations have
begun of non-citizens, as well as U.S. citizens, leading only to a
debate over whether U.S. citizens should be stripped of citizenship before
assassination. Governmental assassinations are in complete opposition to
the laws of America and all international laws
and agreements. In the last week we have also seen the official elimination of the 4th Amendment
in Indiana, which is a clear precedent-setting ruling to say that the State now
believes that it owns the property and person of its citizens. As a
result, the militarized police have been
granted unlimited access, which will only cause an escalation in cases of
police brutality and misconduct. This is yet another addition to the
precedent set by TSA groping and sexual harassment
in airports, Child Protective Services kidnapping children of activists
in pro-liberty causes, public school surveillance, and the lawless
detention of activists who videotape the police. All
areas of society are now ruled top-down through state legislation adopted to
justify federal grants that have installed a police state apparatus in
America. And these federal agencies such as the TSA actually believe they rule supreme over the
states. We now live in a country where CIA abductions, overseas
detention, torture and assassinations can be carried out against Americans without
due process and without recourse if later cleared.
Consequently, an atmosphere has been created where the government is
permitted to break countless laws, like warrantless GPS tracking of activists by the
FBI, while average citizens are guilty of pre-crimes. The increase in
executive power under the aegis of National Security is our greatest threat and
has led to all that follows.
2. Crushing peaceful protest: Despite
the current mission to defend
protesters living in dictatorships overseas, when George Bush brought “free
speech zones” to America it effectively spelled the end of peaceful, lawful
street protest. Now the full force of brutality and surveillance has been
unleashed upon the very people intent in stopping it through peaceful
means. It is as sure a sign as any about totalitarian intentions, when anti-war activists have become
one of the targets. The activist is beginning to equal terrorist in the
all-seeing eye of the State, and any street gathering is a sure sign to let
loose all of the riot weapons that were formerly used against insurgents on
foreign battlefields. One look at the G20 protest in Pittsburgh,
a recent Illinois University event, and
the ongoing travesty of the torture and incarceration of
Bradley Manning, and we can begin to see through the propaganda of White House
officials when they talk about terrible dictators in other nations crushing
dissent.
3. Checkpoints: The slow acclimation of
the populace to military-style checkpoints began first as border control operations up to
100 miles inland in what the ACLU calls the Constitution Free Zone.
However, this has rather quickly morphed into local traffic stops across the
country for “unsavory” characters such as those targeted by the Amber Alert
system and DUI checkpoints. Though apparently well meaning, we are now
far beyond even loosely suspected criminal activity, as VIPR teams have been introduced
to take over public transportation
and events. The TSA tyranny has hit the streets of America, now forming a
de
facto internal passport
system straight out of the totalitarian playbook. The expanding
checkpoint system dovetails with new initiatives such as the No Ride List proposal of Chuck
Shumer, building upon the No Fly List already in
place. These no-travel lists are extrajudicial, secret, and form a
guilty-until-proven innocent framework that subverts freedom instead of
protecting it. Incidentally, this element of constant suspicion is
exactly what leads to a citizen spy network.
4. Citizen spy network: Dictatorships
know how difficult it is to rule over large populations with only the
relatively small numbers of military and police. Despite the lessons of terror
created by citizen surveillance that the East German Stasi files left
us to examine, just such a network has been openly introduced to present-day
America — and now it’s even more high-tech and populated. Secret black
budget projects organized through the NSA like Perfect Citizen is just one among
many. Our head of Homeland Security, Janet Napolitano — in partnership
with retailer Wal-Mart – kicked off the See Something, Say Something
program, which goes beyond the already high-tech surveillance apparatus of the
NSA and turns each of us into an unpaid employee of the police state.
Similarly, the web of cameras and data mining is far too massive for even the
well-funded NSA, but with gadgets at our disposal we can now download apps to enable spying on our
neighbors. Most dangerous of all, though, is new legislation introduced
by Peter King that enshrines Janet Napolitano’s program and would provide immunity for accusers
“acting in good faith” while reporting suspicious activities. This is
guaranteed to lead to false arrests and disappearances, just as it has on every
occasion throughout history when a society’s fear becomes self-directed.
5. Executive Orders: This is means by
which a dictator can come to power in the United States, despite a framework of
checks and balances. Any time a country has centralized its power to the
executive branch by erasing the checks and balances of separate legislative and
judicial bodies, the result has been dictatorship. And this normally
happens when national security is “threatened.” The Constitution is
clear, however: only the legislature (Congress) can make laws. Yet, the
use of Executive Orders has increased, beginning with President Clinton who
came under fire for his abuse of this power, becoming one of only two
presidents (the other was Truman’s E.O. 12954) to have an Executive Order
struck down by the courts. His successors seem only to have been encouraged. Clinton issued
14, George W. issued over 60, and Obama is at 26 with many more to be expected
if he wins a second term. Among the most egregious of Obama’s orders is the
ability to hold detainees indefinitely
even after a court has found them not guilty. Executive Orders also form
the basis for control over regulatory agencies, which then impose the
directives. While it seems multi-layered with potential checks and
balances, all directives can now be issued top-down in dictatorial
fashion.
6. Control of regulatory agencies: This
is the more insidious and, ultimately, dangerous tactic used by
dictatorships. Dictatorship through regulation invades every facet of society without
relying only upon overt violence. As mentioned above, only the
legislature can make laws. However, the legislature has created
“regulatory bodies” which make de facto laws through “violations” that rob us of
freedom. There is no clearer example at the moment than the FDA, which
has brought in near-total food control. The FDA is working
in concert with a global agenda being foisted upon us through the Codex Alimentarius commission in
Europe which essentially renders anything healthy as toxic, and all that is
toxic as healthy. Regulatory agencies in the United States have
engendered a system where the corporate-government revolving
door leads to corruption and consolidation — not free markets. The
current regulations are opposed to the principles of freedom and independence,
and favor only those in positions to make money from more control; so more
control and less freedom is what we can expect under these federal directives
controlling the states.
7. President declares war unilaterally:
Despite the parade of lies that led to
wars in Iraq and Afghanistan, it pales in comparison with the new war in Libya
and other interventions and sanctions throughout the Middle East and North
Africa. Through Executive Orders, outlined above, the President can
declare war so long as there is a resolution passed by Congress. This has
been dispensed with through Obama’s
illegal wars, and it appears that Congress could go even
further by ceding its power completely to the president. The disregard
for Congressional approval is already dictatorial, but if this last step is
taken we will effectively be living in a permanent state of war tantamount
to WWIII that will be controlled at the sole discretion of the current and
future presidents. This unilateral power to drag nations into war without
checks and balances is a hallmark of dictatorships where entire countries are
swept along purely by the ideology of their leader. As Ron Paul and Lew
Rockwell have stated, “We have a
dictatorship when it comes to foreign policy.” With the latest
development, it is actually a dictatorship when it comes to domestic policy as well, since
America’s espionage network has turned inward, and this new presidential power
would not be limited to overseas actions.
8. Torture: Torture has long been a
tactic used by America. In fact it runs the leading school on its
methods. The School of the Americas has been
responsible for training Latin American dictators and their thugs on how to
intimidate the local population and rule with an iron fist. However, the
torture debate has hit mainstream media in a serious
discussion about its effectiveness, especially following the assassination of
Osama bin Laden. Aside from the despicable morals involved, torture doesn’t work for
intelligence gathering, according to experts. Furthermore, the
legalization of torture was what really brought the dreaded Russian secret police out into
the open. When such a declaration is made, it is literally a recruiting
strategy to find the criminals and sadists who would love to be part of such a
system. Torture is not normal work for normal people; it is the work of
psychopaths such as Dick Cheney who loves the tactic
of waterboarding so much that he has stated it should be brought back and used
more widely. No nation that uses torture to obtain confessions can be
called legitimate. It is only used as a tool of intimidation and oppression by
totalitarian regimes.
9. Forced labor camps (gulags): This is
when we know that a totalitarian society has arrived in full and our society is
run completely by coercion. As Naomi Wolf has illustrated, “With
its jails in Iraq and Afghanistan, and, of course, Guantánamo in Cuba, where
detainees are abused, and kept indefinitely without trial and without access to
the due process of the law, America certainly has its gulag now.”
Additionally, a silent gulag has already been created inside America, starting
with the nation’s prisoners who are increasingly locked up within a for-profit prison-industrial
system that makes money both on the construction of prisons as well
as the cheap labor force. The
Defense Department itself pays prisoners 23 cents per hour to build its
weapons systems, which is clearly a type of slave labor. One might
immediately argue that there is a huge difference between real prisoners and
innocent people swept off the streets as they were in Stalinist Russia, for
example, or in modern day North Korea and China. That is to presume,
however, that everyone in prison is guilty; and, if they are, that the crimes
which have sent them there really constitute offenses worthy of prison
sentences. America has the world’s largest prison population
and the highest incarceration rate
precisely because nearly everything is a jail-time crime, and there is money to
be made by the growing corporate prison system. The War on Drugs alone
has led to a disproportionate number of inmates for non-violent offenses among
the already 2.4 million in jail and the 5 million on probation. With the
economy imploding, even debtors
prisons have made a comeback. Although FEMA camps are still
relegated to fringe conspiracy theory, we should be
wary of the potential endgame for such a proven system of oppression.
Through Continuity of Government,
national emergency directives would openly suspend the Constitution and could
possibly lead once again to internment camps in
America.
10. Control over all communications (propaganda):
Once the physical framework of dictatorial control has been set up, then the
justification for its continued presence can commence. The type of
high-tech control grid now put into place in The United States to this point
has only been explored in works of fiction such as 1984, which has
led Paul Craig Roberts to draw a
correct parallel. A public emergency announcement system has in fact been
in place since the ’50s, whereby the president can interrupt television and
radio to deliver critical messages. However, this has been recently
expanded as the FCC voted to mandate (PDF) “the
first-ever Presidential alert to be aired across the United States on the
Nation’s Emergency Alert System (EAS),” Now, with the arrival of the
trackable smartphone that can be hijacked to bring
government messages (emergency or not) we find ourselves “willing” participants
in a scenario reaching far beyond 1984. Using the bin Laden assassination and the
threat of guaranteed reprisal, the government has announced that the president
will break into these private networks to carry PLAN government messages and
warnings; and there is no opt-out. At the same time, we have seen the buildup
in rhetoric leading toward Internet control. As
always, an unsavory element of society (pirating) has been used as one of the
pretexts to introduce government control over private industry, while
cybersecurity lays claim to total control over the infrastructure for national
emergencies. Ideologically, Obama advisor, Cass Sunstein, has proposed a fairness doctrine for the
Internet that would enable a government overlay on private websites that would
offer counter opinions to anti-establishment content. We are approaching
a situation worse than China, where both mental
intrusion via propaganda and physical intrusion via systems control are
merging. It is not comforting to know, also, that the president made a
shocking claim recently that he
can censor unclassified documents. There is clearly a
concerted effort to take over all forms of information, permitting the
government to alter it or censor it before consumption by its citizens.
In any other country we would call this a dictatorship.
It would
appear that the United States should be a called a dictatorship based on the
above criteria. Once the atmosphere is established, average participants need
not be part of a conspiracy, as they tend to unquestioningly go with the flow.
However, we must acknowledge that the U.S. is in a vastly different
position than totalitarian regimes of the past, as well as her contemporaries.
America has a history that is built upon the foundation of resistance to
dictators. This memory needs to be invoked by following the protections
outlined in our founding documents, particularly the power of the states to
resist Federal tyranny. The protections therein can be restored once we
have the courage to admit how much freedom we have lost, then refuse to succumb
to a fear-based perception of reality. Only then will Liberty, Love and
Peace prevail!’
Ex-French-first lady: Sarkozy baby news wonderful (AP) [ The
big question swirling around Europe, ‘Who’s the papa?’. ]
Diana
film causes stir at Cannes “Unlawful
Killing” has a combination of celebrity, controversy and canny hype-mongering.
(Washington Post) [ Let’s not kid
ourselves … and, Dodi Fayed’s father was no dope and knew the score. Indeed,
it’s not coincidental that William’s the over-riding favorite of granny Liz II;
after all, Harry’s the bastard son of Hewitt (don’t buy into their DNA proffer
which they did buy – you know, that ‘bloodline thing’). Moreover, it was
reported that Diana had another ‘potential challenger in the oven’ at the time
of her death and we all know how dicey such english affairs of state can be
(ie., Henry VIII, Richard III, etc.). Then there’s the contempt of Diana for
having brought the son of her bosom, Chas, down. Do I think she said flat out
‘kill Diana’. No … more of a ‘do what’s necessary’ to mi6 et als. Ultimately,
William will require some substantial
therapy to sort out this looming conflict. After all, Diana was his
mother. Drudgereport: British woman decapitated in
grocery store; killer flees with head... Cannes: Diana doc slams UK
royals as 'gangsters'... Though having
but 5% of the world’s population, u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg . Defacto
bankrupt, fraudulent america also spends more on military than all the nations
of the world combined... fed employees / contractors, cia, all 3 branches of
u.s. gov’t, 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 >(america is No. 1).
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
Selling
In May Is Very Good Advice This Year Harding Stocks
slip after three-day rally (Washington Post) [
Top 3 Reasons Markets Tanked with Oil WSCS…
1) Commodities
and Oil got slaughtered. .. widening trade gap.
2) Insiders
finally getting busted.. but what about what large banks, investment banks, and
mortgage companies did to the US economy…these insider trading cases are
basically sideshows…
Fed
official calls for vigilance (WP)
[ Who’s still buying their
b***s***! Much higher prices / inflation’s already here. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Bernanke
prepares to make history (WP) [ He already has! $6 gas acomin’..
hyperinflation as predicted well on the way from over-printing of fiat paper
currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
6. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Pension
plan draws ire of workers Proposal
to raise payroll deductions of federal workers could make public sector work
less attractive.
Diary:
Federal workers are raising the roof Treasury
to tap pensions to fund government (Washington Post) [ Most people thought this to be beyond the
realm of possibility; yet, it’s happening and far worse is yet to come, their
desperation being seen in so many ways. As far as public sector ‘work’ being
less attractive, let’s not forget the fact that these non-productive,
over-paid, over-valued public employees, like those of the u.s. postal service,
are otherwise unemployable, and as such, tend to favor party-campaign
benefactors as, ie., fraudulent wall street, etc.. Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development :
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
…
..Butler|Philbrick & Associates
conducted a study
that combined the Shiller CAPE ratio, the Q-Ratio, long-term price deviations
and total return trends. The following graph from DShort.com
displays 15-year actual stock market returns and projected returns since 1900
..
http://static.seekingalpha.com/uploads/2011/5/14/668911-13054033822883-Erik-McCurdy.png
With a couple
of notable exceptions, actual returns have tracked projected returns almost
exactly during the past 110 years. .. this model projects that stocks will
return -0.5% during the next 10 years and 0.6% during the next 15 years..
stocks are likely to produce no gains for the next 15 years. .. However, the
fact remains that stocks are priced to deliver historically poor returns as
investment vehicles for the foreseeable future.
While
valuation-based forecasting models project a poor long-term outlook, chart
analysis and internal data also suggest that the stock market has entered a
period of heightened risk from an intermediate-term perspective. ..
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540340946043-Erik-McCurdy.png
The rally is
now 26 months old and cyclical
bulls that occur during secular bears..
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540342919514-Erik-McCurdy_origin.png
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540344803643-Erik-McCurdy_origin.png
http://static.seekingalpha.com/uploads/2011/5/14/668911-13054034630148-Erik-McCurdy_origin.png
http://static.seekingalpha.com/uploads/2011/5/14/668911-13054034630148-Erik-McCurdy.png
Finally, our
sentiment score recently declined to the lowest level since late 2007,
reflecting an excessive amount of bullish sentiment that leaves the stock
market vulnerable to an abrupt, violent decline.
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540347838945-Erik-McCurdy_origin.png
Lawmakers
rebuff restitution (Washington Post)
Investors in an alleged Ponzi scheme say their pleas for reimbursement
fall on deaf ears. ‘While Allen Stanford was flying high, he and his colleagues
spent more than $10 million on campaign contributions and lobbying
payments to curry favor in Washington. But all that money was diverted from
investors in what authorities have called an elaborate Ponzi
scheme, second only to Bernard
Madoff’s in U.S. history, according to court documents…’ [ No surprise here
from the accomplices / facilitators of frauds such as this which are plentiful
in pervasively corrupt, defacto bankrupt america.
A storm gathers over equities markets (Reuters) Stock
Market: 4 Current Warning Signs
Navin ‘…
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market.
4) Key market
leaders are rolling over in price... ‘
Market's
Risk/Reward Ratio Remains Poor McCurdy ‘The S&P 500 index has been in a
secular bear market since 2000 and our Secular
Trend Score (STS) indicates that we remain in the middle stage of its
development (click to enlarge images):
http://static.seekingalpha.com/uploads/2011/5/14/668911-130540693393499-Erik-McCurdy_origin.png
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler
Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar
Selling
In May Is Very Good Advice This Year Harding 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Study:
$2 trillion for infrastructure U.S. is falling dramatically behind in
rebuilding and expanding its transportation network, study says. (Washington
Post) [ As if that was all pervasively
corrupt, defacto bankrupt america was falling behind in. Moreover, even the
simplistic answer, ‘you can’t spend what you don’t have’, is regrettably
inapposite. The problem is, defacto bankrupt america is spending what it
doesn’t really have. More importantly, pervasively corrupt america is spending
what it doesn’t really have on war, and such other manipulations as fraudulent
wall street, most of which is immediately or ultimately a net negative in real economic
terms. 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! ‘
. … Osama
bin Laden: A dead nemesis
perpetuated by the US government ... 5-1-11
/ U.S. intelligence is that bin
Laden needs dialysis
every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1,
2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED
OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED
DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN
ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T
WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT
IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A
"REVENGE" ATTACK FROM "AL QAEDA" ON THE UNITED STATES, WITH
WHICH TO JUSTIFY TOTAL WAR ON THE MIDDLE EAST.
Bin Laden's voice was detected regularly until [12-14-01] by
intelligence operatives monitoring radio transmissions in Tora Bora, according
to the Pentagon [details]. Since then,
nothing has been heard from the al-Qa'eda leader ..[Telegraph, 12/28/2001]
Osama bin Laden: A dead nemesis perpetuated by the US government
Osama bin Laden is dead. The news first came from sources in
Afghanistan and Pakistan almost 6 mos ago: the fugitive died in December [2001]
and was buried in the mountains of southeast Afghanistan. Pakistan's president,
Pervez Musharraf, echoed the information. ..
..Osama bin Laden would not have.. remained silent for so long
if he were still alive. He always liked to take credit even for things he had
nothing to do with …[NYT 7-11-02]
FOX News Report: Bin Laden Already Dead
Dionne:
Why did the media fall for Trump? (Washington Post) [ In addition to being a mobster, trump was /
is always a joke and a certifiable mental case. The real question is why the
media continues to fall for wobama. SEC
urged to ease fundraising rules
(Washington Post) [ REDUNDANT! I
mean come on! Any more ‘easing’ and we’d be in negative territory where they
actually reward you for breaking the rules which is currently the reality in
pervasively corrupt, defacto bankrupt, meaningfully lawless america. Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
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 ). That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
U.S.
speeds up direct talks with Taliban
Officials say they hope the negotiations, initiated several months ago,
will enable President Obama to report progress in ending the Afghan war when he
announces troop withdrawals in July. (Washington Post) [ Well, no biggy … after all, they’ve been
reporting and will continue reporting ‘progress’ regardless of the reality and
prospectively why should we expect the truth, particularly in this so called
election cycle. Even MSNBC’s Chris Matthews Admits the CIA is Engaging in
“Psy-Ops” With The Bin Laden Raid Youtube
Bin Laden’s “One Million Page Cache” Will Be Used To
Legitimize Official 9/11 Fable Paul Watson | The White House claims it has recovered
one million pages of data from the Bin Laden compound.
That’s
exactly what they want … for the benefit of the military industrial complex
that has steadily drained the dwindling resourses of this country to defacto
bankruptcy.
Editorial:
Bin Laden raid no vindication of torture (Washington
Post) [ While I don’t disagree with this Editorial, I do disagree with the
premise; viz., that they truly sought to prevent that ultimate ‘pearl harbor
event’, to ratchet up the war spending / military industrial complex welfare
plan with broad based enthusiasm / support. Even war-monger mccain supports
this which also finds support in international law, treaties, conventions.I can
only wonder what the presence of substantially underrated President General
Eisenhower would have meant, and truly believe this entire debacle and the
nation’s decline would have been avoided.
“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 (Ike) 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 military-industrial
complex – and it’s threat to our prosperity – 50 years ago. 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. ….. Indeed, 911 itself; that ‘pearl harbor
event’ so sought by the neo-cons / war mongers still defies explanation (ie.,
the ‘stand-down order’, symmetrical implosions, foreknowledge by some {who
conveniently ‘missed the party’ that day}, etc.. Some links, echoing the
disbelief akin to the ‘Jessica Lynch’, Tillman,
etc., affairs follow. People must realize that though
having but 5% of the world’s population, america can boast 76% of the world’s
serial killers and the highest crime rates in the world by far. That perverse
field of dreams I’ve previously alluded to, the american nightmare, if you
build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and, to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Paul Joseph Watson | Spooks admitted
creating hoax videotapes of Osama talking about having sex with boys. [ Yeah!
This is becoming preposterous and it’s quite amazing that anyone’s believing
anything they say. Next thing you know, they’ll be saying beyond the porn
stash, Bin Laden was a closet Christian.
Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1,
2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED
OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED
DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN
ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T
WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT
IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE"
ATTACK FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY
TOTAL WAR ON THE MIDDLE EAST… [ infra, for article text ]]
FLASHBACK:
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.
A storm gathers over equities markets (Reuters) Wall Street's second weekly fall raises fear of retreat (Reuters) Reuters - Stocks ended a second
week of losses on a down note Friday, reflecting growing worries that stocks
are on the precipice of a pullback. [ Fear? Worries? How ‘bout realities … the
ones the insiders already know … Navin (see infra) ‘…1) The 5-year high in the
level of insider corporate stock sales is telling. At 565 sells for every 1
buy, it’s never been higher. Yes, it’s normal for insiders to be selling some
of their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart…’ ]
Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1, 2011, JUST MOMENTS BEFORE
PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN LADEN, THE
WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF SERVICE
ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED IN
DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… [ See the National / World section, infra, for article text
]
Stock
Market: 4 Current Warning Signs
Navin ‘No one indicator by itself can be trusted. Many indicators
taken as whole, however, can offer valuable guidance when a clear pattern
develops. Right now, that guidance appears to warn about current conditions.
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16. Although p/e’s can
remain elevated for longer than you would imagine, reversion to the mean
eventually takes place. Such a reversion would knock off almost 40% of
current price. From today’s level, that would put the S&P 500 at
about 800. Some shake their heads when I mention this, but it wasn’t too
many months ago that we just broke above that.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market. Tom
Aspray’s charts demonstrate the unfortunate price patterns of some big
banks. I’ve
mentioned this as well, previously. It’s hard to imagine how much further a
rally can go without support from financials.
4) Key market leaders are rolling over in price.
Take a look at Google (GOOG),
one of the hottest stocks going in the recent rally. It appears to have
peaked in January and is unable to set new highs even as the S&P continued
upward. GOOG’s 50-day
moving average has turned downward and has crossed below the 200-day moving
average. This is a significant change of trend. ‘
AIG
to sell Treasury shares The government soon will begin unloading its 92.1
percent ownership stake in the bailout company. (Washington
Post) [ Who’s the unlucky sucker? Ultimately, a pension fund or two or three,
etc., or maybe you or an equally unlucky member of your family. Stock
market on a roll despite slowing economic growth, lingering
unemployment[Also known as reality! Roll … yes, indeed … everyone’s to get
rolled! ] (WP) Dow is up more than 10 percent for 2011, to its highest
point in nearly three years. [ Same bubble scenario preceeding last crash (including
currency manipulation); yet, far worse this time owing to insurmountable debt
and defacto bankruptcy of the nation. Fed
Chairman Bernanke does reality TV
(WP) [ Except the ‘NO-RECESSION HELICOPTER BEN B.S. BERNANKE’ show is
scripted unreality … even with his reduction in estimate for ‘economic growth’,
the frauds on wall street still rallied.
Bernanke
prepares to make history (WP) [ He
already has! $6 gas acomin’, $1,508+ gold, $46+ silver, other commodities at
record levels, hyperinflation as predicted well on the way from over-printing
of fiat paper currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
7. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
8.
The
extended (and then further extended) unemployment benefits have kept an
artificially higher demand for consumer consumption. As a result, the US
government has artificially subsidized corporate profits.
9.
The
billions saved through “free loading” by homeowners who have defaulted on their
mortgages yet maintained their residence, thus living without a mortgage
payment.
10. The artificially suppressed interest rates...
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline’ ]
States
face shortfall for retirees ]
Market
Outlook: Are We Dealing With Ursa Major or Ursa Minor?
Red
Flags Everywhere Nyaradi ‘Red flags are flying everywhere as we travel farther
into the “sell in May and go away” period of the year.” We remain in a
defensive posture and continue to enjoy unrealized gains in our inverse ETF
positions and put options.
On My
Radar
Volatility was
the name of the game last week and we can expect more ahead as we enter the
seasonally difficult “worst six months of the year” according to the “sell in
May and go away” slogan.
The View
From 35,000 Feet
Lots of
exciting things are going on around us as we head into late spring.
Here’s just a
quick executive summary with my thoughts in parenthesis:
1.
2. On Friday it was announced that Medicare and Social
Security are in worse shape than previously thought and will be unable to cover
their current obligations earlier than expected. Medicare is
expected to be out of money by 2024, five years earlier than expected, Social
Security will exhaust its trust by 2036 and the disability insurance program
will be underwater by 2018. (No surprises here and this ties back to item #1 as
it’s going to get ugly no matter what Congress does or doesn’t do.)
3. The commodity selloff continues as the dollar gains.
(Much of the recent rally in commodities and equities was fueled by the Fed
easy money policy and weaker dollar. With QE2 coming to an end and a possibly
stronger dollar ahead, this could be a game changer for “buy the dip”
strategies in both asset classes.)
4. There has been a significant rotation into
“defensive” sectors like utilities and consumer stocks. (This
typically indicates money leaving “risk” assets and often portends market
declines)
As I mentioned
at the outset, “sell in May” is a proven, valid slogan because statistically
the months from the end of October through the end of April, are in fact the
best months of the year for investing while the six months from May through
October are the “worst.”
One of the
best sources of information on this subject comes from my friend, Jeffrey
Hirsch, at “Stock Trader’s
Almanac” where he has developed a trading indicator based on this
seasonality and the historical returns it has generated.
Let’s take a
look at some of “Stock Traders Almanac’s” findings:
- On a historical basis, the research indicates
that the market generates better rates of return from November through
April than from May through October. And the difference is significant.
- Over a 60 year period, if you had invested on
May 1st and closed your position at the end of October, you would have
lost money. On the other hand, if you had invested only in the “six good
months” you would have made money over the same time.
- A $10,000 investment in 1950 invested during the
“best six months” of the year would have grown to approximately $500,000
today while a $10,000 investment in the worst six months (May through
October) would have lost money and so the best six months yielded a 7.4%
annual gain compared to a loss in the worst six months.
- If you invested in just the six good months of
the year, you would have beaten the overall return of the major indexes
while having been invested for only half the time, thereby reducing your
market risk and freeing up your assets to earn interest in low risk money
market or Treasury investments.
Finally for the week, one of the most sobering
reports that received wide coverage in the blogosphere and mainstream media was
the announcement by well known and widely respected analyst Jeremy Grantham who
said that the market is currently 40% overvalued which would relate to 920 on
the S&P 500 and that the current environment was too high risk for a
prudent investor.
Weekly Developments:
Positive: Initial unemployment claims declined, continuing claims were mostly
flat, and Michigan Consumer Sentiment rose to 72.4 from 69.8
Negative: Consumer prices and producer prices both rose substantially, indicating
that inflation might be coming back more into the picture (we have been
expecting this for sometime) and retail sales, although posting a gain, came in
lower than the previous month’s report and below expectations, indicating
ongoing weakness in the all important consumer sector.
What This All Means To You
What this means to us is that risk is running high in
the markets and the chance of a significant correction is relatively high for
the period between here and Halloween. Fundamentals continue to weaken and
technical indicators are flashing red. The reduction of support by Dr. Bernanke
and his colleagues at the Fed is a major factor going forward from here and
could yield significant volatility and downward pressure in equities and
commodities.
The Week Ahead
Major Issues/Themes: Lots of important economic reports will come our way
this week and be potential market movers, but the big thing to pay attention to
is what happens in Congress with the budget negotiations and how markets
respond to those talks and Treasury Secretary Geithner’s “extraordinary”
measures to keep the U.S. from default between now and the early August drop
dead date.
Monday: May Housing Market Index,
Tuesday: April Housing Starts, April Building
Permits, April Industrial Production
Thursday: Initial Unemployment Claims, Continuing
Claims, April Existing Home Sales, May Philadelphia Fed, April Leading
Indicators
Sector Spotlight
Leaders: (NYSEArca: EPU) Peru, (NYSEArca: IBB) Biotech
Laggards: (NYSEArca: TUR) Turkey,
(NYSEArca: EWP) Spain’
This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! Remember: ‘Sell in May
and go away! …
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog | It’s now mainstream
news that none of the big financial criminals have been prosecuted. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler ( I quite agree … overvalued to the
hilt in this new manipulated bubble … at
the least a 'sell in May and go away', but 'don't be mentally ill, sell in
April!' ) Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... the cause and the potential
ramifications of this are
astounding. . According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble. [chart http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png ]
Exhibit 2: The Q ratio, which measures total market value compared to
its replacement cost.
The Q-ratio data in the chart below dates back to 1900. According to the data, the markets have now surpassed the 1929 peak valuation by over 8%.
[chart http://static.seekingalpha.com/uploads/2011/4/12/saupload_q_ratio_thumb1.png ]
… bubbles turn a believable story/trend into an overvaluation. In the 1700s
during the South Sea Bubble...Railroading prospects induced a bubble in the
late 1800s ... In the 1920s, a bubble …
A similar life-changing invention – the Internet – swept the attention of
investors in the 1990s ...
What is the story today? The prospect of inflation? High unemployment?
Exhibit 3: The gap between projected 12-month earnings against the
10-year average
... the market is
stretching this reversion greater than 2000 and 2007!
[chart http://static.seekingalpha.com/uploads/2011/4/12/saupload_gap_between_12_month_average_thumb1.png ]
... growth in earnings have been artificially manufactured...
11. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
12. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
13. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
14. The artificially suppressed interest rates.
So, not only do we have a valuation bubble, but the earnings on which
the projections are based are non-sustaining... same overvaluation situation as
a few years ago … nothing fixed ...'
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! ‘ .
Zimbabwe
Says Days Of The US Dollar Are Numbered, Pushes For Gold-Backed Local Currency [ When you reach the point when classic
Weimar-zimbabwe-land though kindred ‘wobama the b’ (for b***s***) spirit
jive-talkers can legitimately and correctly say the dollar’s done, you know
you’ve reached the bottom, marking the end of the once great, now pervasively
corrupt, fallen, and defacto bankrupt america.
] Topping off a weekend of surreal news is the announcement from the
Central Bank of Zimbabwe that the country is now evaluating introducing a
gold-backed Zimbabwean dollar, and, in keeping with the Salvador Dali feel to
the past 48 hours, that the “days of the US dollar as the world’s reserve
currency are numbered.”
D.C.
area foreclosures decline The number of homes that entered foreclosure is
down by 56 percent. (Washington Post) [
I’d say that’s a direct consequence of the flawed paperwork debacle and being
in close geographic proximity to ‘those in d.c.’ who are supposed to be
watching these things (the same federal circuit – lots of political pressure).
Don’t worry however, there are plenty more to come!
Wall Street's second weekly fall raises fear of retreat (Reuters)
Stocks ended a second week of losses on a down note Friday, reflecting growing
worries that stocks are on the precipice of a pullback. [ Fear? Worries? How
‘bout realities … the ones the insiders already know … Stock
Market: 4 Current Warning Signs
Navin ‘No one indicator by itself can be trusted. Many indicators
taken as whole, however, can offer valuable guidance when a clear pattern
develops. Right now, that guidance appears to warn about current conditions.
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16. Although p/e’s can
remain elevated for longer than you would imagine, reversion to the mean
eventually takes place. Such a reversion would knock off almost 40% of
current price. From today’s level, that would put the S&P 500 at
about 800. Some shake their heads when I mention this, but it wasn’t too
many months ago that we just broke above that.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market. Tom
Aspray’s charts demonstrate the unfortunate price patterns of some big
banks. I’ve
mentioned this as well, previously. It’s hard to imagine how much further a
rally can go without support from financials.
4) Key market
leaders are rolling over in price. This is a significant change of
trend. ‘ Selling
In May Is Very Good Advice This Year Harding Stocks
slip after three-day rally (Washington Post) [
Top 3 Reasons Markets Tanked with Oil WSCS‘DJI -1.02% SP500 -1.11% Nasdaq -0.93%
Gold -0.82% Oil -4.63% at $98.88.
Gold sold off ..Silver lost over 8%.
1) Commodities
and Oil got slaughtered. .. widening trade gap.
2) Insiders finally
getting busted... 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. ]
Pay
credit cards or mortgage? (Washington Post)
[ How ‘bout none of the above! That’s certainly a coming reality if not
already there. Things are far worse than reported and the worst yet to
come.] As Americans unload more than
$100 billion in debt leftover from the heady days of the economic boom, many
households face a daunting question. Wall Street's second weekly fall raises fear of retreat (Reuters) Stocks ended
a second week of losses on a down note Friday, reflecting growing worries that
stocks are on the precipice of a pullback. [ Fear? Worries? How ‘bout realities
… the ones the insiders already know … Navin (see infra) ‘…1) The 5-year high
in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart…’
28
Statistics About The Gutting Of The U.S. Economy That Will Blow Your Mind ‘Red alert! Over 40 billion dollars of
America’s national wealth is being shipped out of the country every single
month. Our economy is being gutted and we are bleeding wealth and we are
bleeding jobs. The
American Dream 5-11-11
Red alert! Over 40 billion
dollars of America’s national wealth is being shipped out of the country every
single month. Our economy is being gutted and we are bleeding wealth and
we are bleeding jobs. This is a distress call. Is anyone
listening? Thousands of our factories and millions of our jobs are being
shipped overseas. Over the past decade over 6 trillion dollars have been
transferred into the hands of foreigners. Our national government is so
broke that they constantly have to go and beg those foreigners to lend us back
some of that money in order to finance our exploding debt. The number of good
jobs continues to decline and there are millions upon millions of my countrymen
that are unemployed. Can anybody help us? Mayday! Mayday! Mayday!Sadly,
the vast majority of Americans really are dead asleep on this issue... ‘ Selling
In May Is Very Good Advice This Year Harding Stocks
slip after three-day rally (Washington Post) [
Top 3 Reasons Markets Tanked with Oil
1) Commodities
and Oil got slaughtered. .. widening trade gap.
2) Insiders
finally getting busted.. but what about what large banks, investment banks, and
mortgage companies did to the US economy…these insider trading cases are
basically sideshows…
24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. ]
Diana
film causes stir at Cannes “Unlawful
Killing” has a combination of celebrity, controversy and canny hype-mongering.
(Washington Post) [ Let’s not kid
ourselves … and, Dodi Fayed’s father was no dope and knew the score. Indeed,
it’s not coincidental that William’s the over-riding favorite of granny Liz II;
after all, Harry’s the bastard son of Hewitt (don’t buy into their DNA proffer
which they did buy – you know, that ‘bloodline thing’). Moreover, it was
reported that Diana had another ‘potential challenger in the oven’ at the time
of her death and we all know how dicey such english affairs of state can be
(ie., Henry VIII, Richard III, etc.). Then there’s the contempt of Diana for
having brought the son of her bosom, Chas, down. Do I think she said flat out
‘kill Diana’. No … more of a ‘do what’s necessary’ to mi6 et als. Ultimately,
William will require some substantial
therapy to sort out this looming conflict. After all, Diana was his
mother. Drudgereport: British woman decapitated in
grocery store; killer flees with head... Cannes: Diana doc slams UK
royals as 'gangsters'... Though having
but 5% of the world’s population, u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg . Defacto
bankrupt, fraudulent america also spends more on military than all the nations
of the world combined... fed employees / contractors, cia, all 3 branches of
u.s. gov’t, 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 >(america
is No. 1).
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
Financialization
and Our Increasingly Unstable Economy Roche
'The worst part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
In
Greece, austerity and discontent
Anarchist movement is resurgent as the nation’s financial woes kindle
deep frustration and threaten a breakdown in the rule of law. (Washington
Post) [ Coming to a state near you … Greece
launches massive fire sale to service growing debt as riot police clash with
violent protesters A general strike held today has seen most public
services grind to a halt across the country, while thousands marched through
Athens to protest against harsh austerity measures. Stock
Market: 4 Current Warning Signs
Navin ‘No one indicator by itself can be trusted. Many indicators
taken as whole, however, can offer valuable guidance when a clear pattern
develops. Right now, that guidance appears to warn about current conditions.
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16. Although p/e’s can
remain elevated for longer than you would imagine, reversion to the mean
eventually takes place. Such a reversion would knock off almost 40% of
current price. From today’s level, that would put the S&P 500 at
about 800. Some shake their heads when I mention this, but it wasn’t too
many months ago that we just broke above that.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market. Tom
Aspray’s charts demonstrate the unfortunate price patterns of some big
banks. I’ve
mentioned this as well, previously. It’s hard to imagine how much further a
rally can go without support from financials.
4)
Key market leaders are rolling over in price. Take a look at Google (GOOG),
one of the hottest stocks going in the recent rally. It appears to have
peaked in January and is unable to set new highs even as the S&P continued
upward. GOOG’s 50-day
moving average has turned downward and has crossed below the 200-day moving
average. This is a significant change of trend. ‘ ]
Pakistan after Bin Laden? NYTimes.com You’re talking about the
last decade … Wake up! ( see infra)
Pakistani
spy chief apologetic, but defiant (Washington Post) Amid public outrage over the U.S. operation
that killed Osama bin Laden, Lt. Gen. Ahmed Shuja Pasha apologizes before
Parliament and offers to resign...’ [
Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1,
2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED
OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED
DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN
ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T
WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT
IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A
"REVENGE" ATTACK FROM "AL QAEDA" ON THE UNITED STATES, WITH
WHICH TO JUSTIFY TOTAL WAR ON THE MIDDLE EAST.
Bin Laden's voice was detected regularly until [14 December
2001] by intelligence operatives monitoring radio transmissions in Tora Bora,
according to the Pentagon [details]. Since then,
nothing has been heard from the al-Qa'eda leader and President Bush has hinted
in private that bin Laden's silence could mean he has been killed. [Telegraph, 12/28/2001]
Osama bin Laden: A dead nemesis perpetuated by the US government
Osama bin Laden is dead. The news first came from sources in
Afghanistan and Pakistan almost six months ago: the fugitive died in December
[2001] and was buried in the mountains of southeast Afghanistan. Pakistan's
president, Pervez Musharraf, echoed the information. The remnants of Osama's
gang, however, have mostly stayed silent, either to keep Osama's ghost alive or
because they have no means of communication.
With an ego the size of Mount Everest, Osama bin Laden would not
have, could not have, remained silent for so long if he were still alive. He
always liked to take credit even for things he had nothing to do with. Would he
remain silent for nine months and not trumpet his own survival? [New York Times. July 11, 2002]
FOX News Report: Bin Laden Already Dead
Usama bin Laden has died a peaceful
death due to an untreated lung complication, the Pakistan Observer reported, citing a Taliban leader who
allegedly attended the funeral of the Al Qaeda leader.
Bin Laden has often been reported to be in poor health. Some
accounts claim that he is suffering from Hepatitis C, and can expect to live
for only two more years. According to Le Figaro, last year [2000] he ordered a
mobile dialysis machine to be delivered to his base at Kandahar in Afghanistan.
[Guardian]
Peter Bergen: Bin Laden has aged 'enormously'
This is a man who was clearly not well. I mean, as you see from
these pictures here, he's really, by December [2001] he's looking pretty
terrible…’ ]
Even MSNBC’s Chris Matthews Admits the CIA is Engaging in
“Psy-Ops” With The Bin Laden Raid Youtube | Matthews says that the CIA is using “psy-ops”
to put out “little colonels of information” .
Bin Laden’s “One Million Page Cache” Will Be Used To
Legitimize Official 9/11 Fable Paul Watson | The White House claims it has recovered
one million pages of data from the Bin Laden compound.
Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Paul Joseph Watson | Spooks admitted
creating hoax videotapes of Osama talking about having sex with boys. [ Yeah!
This is becoming preposterous and it’s quite amazing that anyone’s believing
anything they say. Next thing you know, they’ll be saying beyond the porn
stash, Bin Laden was a closet Christian.
Osama
bin Laden: A dead nemesis
perpetuated by the US government ... May 1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1, 2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED
THAT THE US HAD KILLED OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME
UNDER MASSIVE DISTRIBUTED DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS
THAT OSAMA BIN LADEN ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE
WHITE HOUSE DIDN'T WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED
FORWARD". IT IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO
STAGE A "REVENGE" ATTACK FROM "AL QAEDA" ON THE UNITED
STATES, WITH WHICH TO JUSTIFY TOTAL WAR ON THE MIDDLE EAST… [ infra, for
article text ]]
Wall Street's second weekly fall raises fear of retreat (Reuters)
Reuters - Stocks ended a second week of losses on a down note Friday,
reflecting growing worries that stocks are on the precipice of a pullback. [
Fear? Worries? How ‘bout realities … the ones the insiders already know … Navin
(see infra) ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy, it’s never been higher. Yes, it’s
normal for insiders to be selling some of their stocks so they can buy new
yachts and some of this is pre-planned. But that ratio — which has spiked
recently — is extraordinarily high, one might even say off-the-chart…’ ]
Osama
bin Laden: A dead nemesis
perpetuated by the US government ...
May
1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1, 2011, JUST MOMENTS BEFORE
PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED OSAMA BIN LADEN, THE
WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED DENIAL OF SERVICE
ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN ACTUALLY DIED IN
DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T WANT AVAILABLE
WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT IS POSSIBLE
THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE" ATTACK
FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY TOTAL WAR
ON THE MIDDLE EAST… [ See the National / World section, infra, for article text
]
Stock
Market: 4 Current Warning Signs
Navin ‘No one indicator by itself can be trusted. Many indicators
taken as whole, however, can offer valuable guidance when a clear pattern develops.
Right now, that guidance appears to warn about current conditions.
1) The 5-year
high in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s normal for insiders to be
selling some of their stocks so they can buy new yachts and some of this is
pre-planned. But that ratio — which has spiked recently — is extraordinarily
high, one might even say off-the-chart.
2) Professor
Shiller at Yale figures that the
present price-to-earnings ratio for the Standard & Poor’s 500 is in the
area of 26. The historical average is about 16. Although p/e’s can
remain elevated for longer than you would imagine, reversion to the mean
eventually takes place. Such a reversion would knock off almost 40% of
current price. From today’s level, that would put the S&P 500 at
about 800. Some shake their heads when I mention this, but it wasn’t too
many months ago that we just broke above that.
3) The failure
of the financial sector to keep up is a significant negative divergence for the
entire market. Tom
Aspray’s charts demonstrate the unfortunate price patterns of some big
banks. I’ve
mentioned this as well, previously. It’s hard to imagine how much further a
rally can go without support from financials.
4) Key market leaders are rolling over in price.
Take a look at Google (GOOG),
one of the hottest stocks going in the recent rally. It appears to have
peaked in January and is unable to set new highs even as the S&P continued
upward. GOOG’s 50-day
moving average has turned downward and has crossed below the 200-day moving
average. This is a significant change of trend. ‘
AIG
to sell Treasury shares The government soon will begin unloading its 92.1
percent ownership stake in the bailout company. (Washington
Post) [ Who’s the unlucky sucker? Ultimately, a pension fund or two or three,
etc., or maybe you or an equally unlucky member of your family. Stock
market on a roll despite slowing economic growth, lingering
unemployment[Also known as reality! Roll … yes, indeed … everyone’s to get
rolled! ] (WP) Dow is up more than 10 percent for 2011, to its highest
point in nearly three years. [ Same bubble scenario preceeding last crash
(including currency manipulation); yet, far worse this time owing to insurmountable
debt and defacto bankruptcy of the nation.
Fed
Chairman Bernanke does reality TV
(WP) [ Except the ‘NO-RECESSION HELICOPTER BEN B.S. BERNANKE’ show is
scripted unreality … even with his reduction in estimate for ‘economic growth’,
the frauds on wall street still rallied.
Bernanke
prepares to make history (WP) [ He
already has! $6 gas acomin’, $1,508+ gold, $46+ silver, other commodities at
record levels, hyperinflation as predicted well on the way from over-printing
of fiat paper currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
15. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
16. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
17. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
18. The artificially suppressed interest rates...
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline’ ]
States
face shortfall for retirees ]
Top 3 Reasons Markets were Down on Greece Worries and Terrorism
Selling
In May Is Very Good Advice This Year Harding Stocks
slip after three-day rally (Washington Post) [
Top 3 Reasons Markets Tanked with Oil WSCS‘DJI -1.02% SP500 -1.11% Nasdaq -0.93%
Gold -0.82% Oil -4.63% at $98.88.
Gold sold off ..Silver lost over 8%.
1) Commodities
and Oil got slaughtered. .. widening trade gap.
2) Insiders
finally getting busted.. but what about what large banks, investment banks, and
mortgage companies did to the US economy…these insider trading cases are
basically sideshows…
Fed
official calls for vigilance (WP)
[ Who’s still buying their
b***s***! Much higher prices / inflation’s already here. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Bernanke
prepares to make history (WP) [ He already has! $6 gas acomin’..
hyperinflation as predicted well on the way from over-printing of fiat paper
currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
19. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
Osama
bin Laden: A dead nemesis
perpetuated by the US government ...May
1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ... http://whatreallyhappened.com/WRHARTICLES/osama_dead.php
ON MAY 1,
2011, JUST MOMENTS BEFORE PRESIDENT OBAMA ANNOUNCED THAT THE US HAD KILLED
OSAMA BIN LADEN, THE WHATREALLYHAPPENED WEBSITE CAME UNDER MASSIVE DISTRIBUTED
DENIAL OF SERVICE ATTACK. THIS PAGE, WHICH DOCUMENTS THAT OSAMA BIN LADEN
ACTUALLY DIED IN DECEMBER OF 2001, APPEARS TO BE WHAT THE WHITE HOUSE DIDN'T
WANT AVAILABLE WHILE THE NEW PROPAGANDA WAS "CATAPULTED FORWARD". IT
IS POSSIBLE THAT THIS IS THE OPENING GAMBIT IN A PLAN TO STAGE A "REVENGE"
ATTACK FROM "AL QAEDA" ON THE UNITED STATES, WITH WHICH TO JUSTIFY
TOTAL WAR ON THE MIDDLE EAST.
Bin Laden's voice was detected regularly until [14 December
2001] by intelligence operatives monitoring radio transmissions in Tora Bora,
according to the Pentagon [details]. Since then,
nothing has been heard from the al-Qa'eda leader and President Bush has hinted
in private that bin Laden's silence could mean he has been killed. [Telegraph, 12/28/2001]
Osama bin Laden: A dead nemesis perpetuated by the US government
Osama bin Laden is dead. The news first came from sources in
Afghanistan and Pakistan almost six months ago: the fugitive died in December
[2001] and was buried in the mountains of southeast Afghanistan. Pakistan's
president, Pervez Musharraf, echoed the information. The remnants of Osama's
gang, however, have mostly stayed silent, either to keep Osama's ghost alive or
because they have no means of communication.
With an ego the size of Mount Everest, Osama bin Laden would not
have, could not have, remained silent for so long if he were still alive. He
always liked to take credit even for things he had nothing to do with. Would he
remain silent for nine months and not trumpet his own survival? [New York Times. July 11, 2002]
FOX News Report: Bin Laden Already Dead
Usama bin Laden has died a peaceful
death due to an untreated lung complication, the Pakistan Observer reported, citing a Taliban leader who
allegedly attended the funeral of the Al Qaeda leader.
Bin Laden has often been reported to be in poor health. Some
accounts claim that he is suffering from Hepatitis C, and can expect to live
for only two more years. According to Le Figaro, last year [2000] he ordered a
mobile dialysis machine to be delivered to his base at Kandahar in Afghanistan.
[Guardian]
Peter Bergen: Bin Laden has aged 'enormously'
This is a man who was clearly not well. I mean, as you see from
these pictures here, he's really, by December [2001] he's looking pretty
terrible.
But
by December, of course, that tape that was aired then, he's barely moving the
left side of his body. So he's clearly got diabetes. He has low blood pressure.
He's got a wound in his foot. He's apparently got dialysis ... for kidney
problems. [CNN]
The [December 27, 2001 video] was dismissed by the Bush
administration ... as sick propaganda possibly designed to mask the fact the
al-Qa'eda leader was already dead. "He could have made the video and then
ordered that it be released in the event of his death," said one White House
aide. [Telegraph]
Pakistan's Musharraf: Bin Laden probably dead
Pakistan's
president says he thinks Osama bin Laden is most likely dead because the
suspected terrorist has been unable to get treatment for his kidney disease.
[A
Bush administration official] said U.S. intelligence is that bin Laden needs
dialysis every three days and "it is fairly obvious that that could be an
issue when you are running from place to place, and facing the idea of needing
to generate electricity in a mountain hideout." [CNN]
Renal dialysis -- talking about hemodialysis -- is something
that really is reserved for patients in end-stage renal failure. That means
their kidneys have just completely shut down. The most common cause of
something like that would be something like diabetes and hypertension. Once
that's happened, if you're separated from your dialysis machine -- and
incidentally, dialysis machines require electricity, they're going to require
clean water, they're going to require a sterile setting -- infection is a huge
risk with that. If you don't have all those things and a functioning dialysis
machine, it's unlikely that you'd survive beyond several days or a week at the
most. [CNN]
Karzai: bin Laden 'probably' dead
Osama
bin Laden is "probably" dead, but former Taliban leader Mullah Omar
is alive, Afghan President Hamid Karzai has said. [CNN]
FBI: Bin Laden 'probably' dead
The
US Federal Bureau of Investigation's counter-terrorism chief, Dale Watson, says
he thinks Osama bin Laden is "probably" dead. [BBC]
Magazine runs what it calls bin Laden's will
The
editor-in-chief of a London-based Arab news magazine said a purported will it
published Saturday was written late last year [2001] by Osama bin Laden, and
shows "he's dying or he's going to die soon." [CNN]
Usama bin Laden has died a peaceful
death due to an untreated lung complication, the Pakistan Observer reported,
citing a Taliban leader who allegedly attended the funeral of the Al Qaeda
leader. "The Coalition troops are engaged in a mad search operation but
they would never be able to fulfill their cherished goal of getting Usama alive
or dead," the source said. [FOX News]
Translation of Funeral Article in
Egyptian Paper:
al-Wafd, Wednesday, December 26, 2001 Vol 15 No 4633
News of Bin Laden's Death and Funeral
10 days ago
A
prominent official in the Afghan Taleban movement announced yesterday the death
of Osama bin Laden, the chief of al-Qa'da organization, stating that binLaden
suffered serious complications in the lungs and died a natural and quiet death.
[Welfare State]
Osama bin who?
Israel
does not view bin Laden as a threat. [Janes]
Israeli intelligence: Bin Laden is dead, heir
has been chosen
Israeli
sources said Israel and the United States assess that Bin Laden probably died
in the U.S. military campaign in Afghanistan in December. They said the
emergence of new messages by Bin Laden are probably fabrications, Middle East
Newsline reported. [World Tribune]
[See
also The Fake bin Laden Audio Tape]
[See
also Benazir Bhutto says Osama is dead.]’
Taliban
Attacks Dim U.S. Hopes Bin Laden’s Killing May Hasten Afghan Exit Bloomberg
| Bin Laden’s “martyrdom” will give a “new impetus” to the Taliban’s
fight. Top
Doctor Confirms Bin Laden Had Marfan Syndrome An MSNBC hit piece that attempts to debunk
Dr. Steve R. Pieczenik’s assertion that Osama Bin Laden died from Marfan
syndrome in 2001 unwittingly provides corroboration from a top Cornell doctor
who first made similar statements in an interview with Salon magazine two
months after 9/11. Evidence:
Bin Laden worked like a crime boss (Washington Post) [ Come on! This is all
such total b***s*** at this point at least if not sooner. How totally
preposterous! Now we can add that word picture … Vito Corleone of ‘Godfather’
fame’s opening words, ‘I love america’ … What in pervasively corrupt, defacto
bankrupt america isn’t operated as a crime syndicate led by a crime boss? Who
shot bin Laden? Former SEALs fill in the blanks (WP) [ Well, here I am on the same page as a
former navy seal: Jesse
Ventura Questions Obama’s Narrative Of Bin Laden Raid Former Navy SEAL and
Governor of Minnesota Jesse Ventura has questioned Barack Obama’s official
narrative regarding the raid on Osama Bin Laden, telling the Alex Jones Show of
his suspicions that Osama died years ago, and expressing disbelief that the man
seen flicking between TV channels in the video released by the White House
Saturday was actually Bin Laden. [Who
is foolish enough to believe anything they say; particularly their scripted,
ever-changing, evolving, self-serving accounts belied only by truth / reality
as told by those with true courage and integrity; as, for example Jessica
Lynch, etc. White
House Press Secretary “Floundering Under Pressure” Of Flip-Flopping Bin Laden
Fable Staged:
White House “Situation Room” Photos Part Of Bin Laden Fable .. No
resistance in “cold-blooded” U.S. raid: Pakistan officials The
Cost of Bin Laden: $3 Trillion Over 15 Years Bin Had The
Growing Coverup: Osama and “The Big Lie” The Obama administration and the
corporate media are concocting an ever-more elaborate and spectacular theater
around the “heroic” murder of the CIA intelligence myth/CIA asset Osama bin
Laden. Red Alert: Government Had Osama bin Laden Frozen for Years Nimmo / Jones | Videos [ I personally
believe Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc..
His ‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at best yield but a pyrrhic
victory. Moreover, the same comes at a
time of systemic failure for pervasively corrupt, defacto bankrupt
america. While the ‘announcement’ plays well for the nonce, to the dumb,
uninformed back home, the same will
galvanize resistance in the name of their now martyr, Osama Bin Laden.]
[ Osama
bin Laden: A dead nemesis
perpetuated by the US government ...May
1, 2011 ... He's apparently got dialysis
... for kidney problems. ...
official] said U.S. intelligence is that bin
Laden needs dialysis
every three days ...
http://www.whatreallyhappened.com/WRHARTICLES/osama_dead.php
Osama bin Laden is dead. The news first came from sources in Afghanistan
and Pakistan almost six months ago: the fugitive died in December [2001] and
was buried in the mountains of southeast Afghanistan. Pakistan's president,
Pervez Musharraf, echoed the information. The remnants of Osama's gang,
however, have mostly stayed silent, either to keep Osama's ghost alive or
because they have no means of communication. Bin Laden's voice was detected
regularly until [14 December 2001] by intelligence operatives monitoring radio
transmissions in Tora Bora, according to the Pentagon [details]. Since then, nothing has been heard from the
al-Qa'eda leader and President Bush has hinted in private that bin Laden's
silence could mean he has been killed. [Telegraph, 12/28/2001]
Pakistan's
Musharraf: Bin Laden probably dead
Pakistan's president says he thinks Osama
bin Laden is most likely dead because the suspected terrorist has been unable
to get treatment for his kidney disease. [A Bush administration official] said
U.S. intelligence is that bin Laden needs dialysis every three days and
"it is fairly obvious that that could be an issue when you are running
from place to place, and facing the idea of needing to generate electricity in
a mountain hideout." [CNN]
Karzai: bin
Laden 'probably' dead
Osama bin Laden is "probably"
dead, but former Taliban leader Mullah Omar is alive, Afghan President Hamid
Karzai has said. [CNN]
FBI: Bin Laden
'probably' dead
The US Federal Bureau of Investigation's
counter-terrorism chief, Dale Watson, says he thinks Osama bin Laden is
"probably" dead. [BBC]
Magazine runs
what it calls bin Laden's will
The editor-in-chief of a London-based
Arab news magazine said a purported will it published Saturday was written late
last year [2001] by Osama bin Laden, and shows "he's dying or he's going
to die soon." [CNN]
Usama
bin Laden has died a peaceful death due to an untreated lung complication, the
Pakistan Observer reported, citing a Taliban leader who allegedly attended the
funeral of the Al Qaeda leader. "The Coalition troops are engaged in a mad
search operation but they would never be able to fulfill their cherished goal
of getting Usama alive or dead," the source said. [FOX
News] Renal
dialysis -- talking about hemodialysis -- is something that really is reserved
for patients in end-stage renal failure. That means their kidneys have just
completely shut down. The most common cause of something like that would be
something like diabetes and hypertension. Once that's happened, if you're
separated from your dialysis machine -- and incidentally, dialysis machines
require electricity, they're going to require clean water, they're going to
require a sterile setting -- infection is a huge risk with that. If you don't
have all those things and a functioning dialysis machine, it's unlikely that
you'd survive beyond several days or a week at the most. [CNN]
NATO
and Afghan raid mistakenly kills young girl, policeman
in east Afghanistan http://www.washingtonpost.com/world/nato-and-afghan-raid-mistakenly-kills-young-girl-policeman-in-east-afghanistan/2011/05/12/AF3nKYwG_story.html (Washington Post) [ Yeah! There you go …
that new strategy / plan already paying dividends and winning hearts and minds
… A
push for new Afghan strategy (WP) [
Riiiiight! That umpteenth new strategy / progress thing … pervasively corrupt,
defacto bankrupt america can really afford it … Clinton
predicts violent spring in Afghanistan
(WP) Secretary Clinton on Thursday warned NATO
allies not to abandon Afghanistan and predicted a violent spring. [ Well, there
you go … something to look forward to … sounds like a plan … you know, that
progress thing so touted by gates / petraeus … remind us that these people,
particularly innocent civilians, died for no good reason at all. .. america's
defacto bankruptcy. 'Alas, poor america
… a nation of infinite jest, and unexcellent fancy … and pervasive criminality'
…IED
casualties in Afghanistan spike
(WP) [ Yeah!
That progress thing’s a b**ch! What do
you expect them 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. Drudgereport: Congresswoman calls
Afghanistan 'national embarrassment'...
'Epic failure'... Woolsey (D-CA) says Afghanistan
war a disaster. "This war represents an epic failure, a national
embarrassment and a moral blight," Rep. Woolsey said. [Though broke,
they’re still voting for more war across the board.. this war is a
blowback-creating, self-perpetuating, self-destructive, self-defeating,
colossally expensive debacle benefiting war profiteers / lobbies and frauds
while diverting attention from the more ’mundane’ tasks of governance. War on Terror is a Reichstag Fire False Flag Operation Sartre | If you really want justice
for the 911 murders, you must face reality and look within your own government
for the true terrorists.
Why Does the Terrorist Kingpin Look Better Than He Did in
2001? Washington’s Blog
Bin Laden Hoax….The Rest Of The Story Cartalucci
.. examination of mainstream media’s headlines and interviews with the CIA
director himself calls into question the official narrative.
Hoax: White House Claims 4-Year-Old Bin Laden Video Is New
Footage
Then,
of course, there’s also: that ‘pearl harbor event’ so sought by the neo-cons /
war mongers still defies explanation (ie., the ‘stand-down order’, symmetrical
implosions, foreknowledge by some {who conveniently ‘missed the party’ that
day}, etc.. Some links, echoing the unbelief akin to the ‘Jessica Lynch’,
Tillman, etc., affairs follow. People
must realize that though having but 5% of the
world’s population, america can boast 76% of the world’s serial killers, and
the highest crime rates in the world by far. ]
Ludicrous Bin Laden “Porno” Claim Harks Back To CIA
Fakery Paul Joseph Watson
| Spooks admitted creating hoax videotapes of Osama talking about having sex
with boys.
We Are Change Confront Bankster Ben Bernanke Infowars.com | Federal Reserve boss
Bernanke was not amused.
Globalists begin breakup of The United States TheAlexJonesChannel | Alex exposes
how the Baja Arizona movement to split into a 51st state would balkanize the
region for easy control.
Ron Paul Announces Presidential Run Jay Root | Paul made his announcement
in an interview on ABC’s “Good Morning America” from New Hampshire.
Government Claims Osama Wanted to Kill Obama Kurt Nimmo | More propaganda designed
to distract from the fact the government’s story is falling apart.
Ludicrous
Bin Laden “Porno” Claim Harks Back To CIA Fakery The US government must be
quite disappointed with the fact that Islamic extremists have yet to attack the
United States in “retaliation” for allegedly killing Bin Laden, because they
seem to be doing everything in their power to rile up terrorists – this time
with the claim that a significant stash of pornography was found in Bin Laden’s
compound.
Teacher
Told 11-Year-Old Drawing Of American Flag Would “Offend” Other Students The
family of Frankie Girard is claiming that their son’s civil rights were
violated after a teacher allegedly told him that hanging his picture of the
American flag would offend another student.
Gaddafi
most likely wounded, left Tripoli: Italy Libyan leader Muammar Gaddafi has
very likely left the capital Tripoli and has most likely been wounded, Italian
Foreign Minister Franco Frattini said Friday.
New
Film Shows Diana “Very Much Alive” After Car Crash “It is included as
evidence, because it shows clearly that, although Diana had been injured in the
crash, she was alert and very much alive. I repeat: it is not a picture of a
dying woman.”
‘Libyans
die as Obama mocks laws, makes pals with rebels’ NATO maintains it’s not
trying to kill Gaddafi – something the Libyan rebels are calling for. A top
rebel official is in Washington for talks with the U.S. administration on more
support, and possible recognition. British anti-war activist Kate Hudson thinks
the coalition’s policy is making a mockery of international law.
Texas House Bans TSA
Grope Downs The Texas House passed a bill late Thursday night that would
make it a criminal offense for public servants to inappropriately touch
travelers during airport security pat-downs.
Government
Claims Osama Wanted to Kill Obama According to ABC News, the U.S.
discovered a plot to kill Obama in the million or so pages supposedly taken
from Osama’s mansion in Pakistan.
Libyan
Group Associated with al-Qaeda Meets Obama Officials The head of the
National Transitional Council’s executive bureau, Mahmoud Jebril, met with Tom
Donilon, Obama’s national security adviser, and other senior officials, the
White House said in a statement, Reuters reports today.
Japan
to Cover Damaged Nuclear Reactors with Giant Tents Giant polyester covers
will soon be placed around the damaged reactor buildings at Japan’s Fukushima
nuclear complex to help contain the release of radioactive substances into the
atmosphere, the plant operator said Friday.
Narrative
Behind Bin Laden Fable Flip-Flops AGAIN You have to wonder what on earth
the Obama administration hopes to achieve by continually insulting the
intelligence of the American people, after the official narrative behind the
alleged Bin Laden raid was changed yet again, presumably in a desperate effort
to counter the revelation that the White House “situation room” photos were
staged.
Yes,
They Lied; Yes, a Million Died; and Yes, They Want It To Go On That’s why
the Peace Laureate/Holy Hit Man in the White House has his Pentagon warlord
pushing and pushing to keep American troops in Iraq — forever, if possible.
The Death Of Bin Laden; The Death Of America The thing that benefits the most from this raid is America’s emerging police state, which is now strategically positioned to take another giant leap forward.
Jury convicts Ohio mom in baby's microwave death (AP) - AP
- Jurors in an Ohio woman's third trial found her guilty Friday of killing her
baby daughter by cooking her in a microwave oven. [ True americana! People must realize that though
having but 5% of the world’s population, america can boast 76% of the world’s
serial killers and the highest crime rates in the world by far. [ america’s #1, england’s #2 Cannes: Diana doc slams UK
royals as 'gangsters'... ] http://www.albertpeia.com/realifeamericaserialkillers.mpg SEC
urged to ease fundraising rules
(Washington Post) [ REDUNDANT! I
mean come on! Any more ‘easing’ and we’d be in negative territory where they
actually reward you for breaking the rules which is currently the reality in
pervasively corrupt, defacto bankrupt, meaningfully lawless america. Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
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 ). That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
Preet
Bharara, ‘sheriff of Wall Street’ The U.S. attorney in Manhattan has ramped
up white collar enforcement in his 21-month-old tenure. (Washington Post) [ I
still say: ‘Where’s the beef … you know, the big boys, ie., goldman et als … Raj Rajaratnam Found Guilty On All Counts [ I share the following sentiments from Wall St Cheat Sheet: ‘…2) Insiders are finally
getting busted. Although the media loves the
Raj Rajaratnam trial and his guilty on all 14 counts, who really gives a
s*** compared with what large banks, investment banks, and mortgage companies
did to the US economy. So long as the Dick Fulds of the world are sipping
champagne in Capri, Italy, these insider trading cases are basically
sideshows…’ ] SEC
urged to ease fundraising rules
(Washington Post) [ REDUNDANT! I
mean come on! Any more ‘easing’ and we’d be in negative territory where they
actually reward you for breaking the rules which is currently the reality in
pervasively corrupt, defacto bankrupt, meaningfully lawless america. Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
People
must realize that though having but 5% of the
world’s population, america can boast 76% of the world’s serial killers and the
highest crime rates in the world by far.
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 ).
U.S.
to raise fuel efficiency standards Over the next few months, regulators are
scheduled to set the next round of fuel standards for automakers. Among the
proposals under consideration is one that would lift average fuel economy under
the law to as much as 62 mpg by 2025. (Washington Post) [ Well, there you go … problem solved … and
the auto cos can really afford the retooling costs … I can’t remember how many
times I heard reference to such legislative mandates … have they been in effect
… have they changed … have they worked? Look
at How Producer Prices Continue Getting More Expensive Wall St. Cheat Sheet [This spells big trouble
affecting corporate earnings (some costs can’t be passed on without decreasing
sales) and disposable income / consumer spending. ] Weekly
Unemployment Claims Still Above This Scary Level WSCS Short ‘The Department of Labor’s Unemployment Insurance Weekly Claims Report was released
this morning for last week. Claims fell 44,000 from a 4,000 upward revision of
the previous week, which takes the number back to approximately the level prior
to last week’s blip. Here is the official statement from the Department of
Labor:In the week ending May 7, the advance figure for seasonally adjusted
initial claims was 434,000, a decrease of 44,000 from the previous week’s
revised figure of 478,000. The 4-week moving average was 436,750, an increase
of 4,500 from the previous week’s revised average of 432,250. The advance
seasonally adjusted insured unemployment rate was 3.0 percent for the week
ending April 30, unchanged from the prior week’s unrevised rate of 3.0 percent.
The advance number for seasonally adjusted insured unemployment during the week
ending April 30 was 3,756,000, an increase of 5,000 from the preceding week’s
revised level of 3,751,000. The 4-week moving average was 3,718,500, an
increase of 13,250 from the preceding week’s revised average of
3,705,250.Today’s number was 11,000 above the Briefing.com consensus estimate of 423,000 claims.As we can
see, there’s a good bit of volatility in this indicator, which is why the
4-week moving average (shown in the callouts) is a more useful number than the
weekly data.
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims
Occasionally I
see articles critical of seasonal adjustment, especially when the non-adjusted
number better suits the author’s bias. But a comparison of these two charts
clearly shows extreme volatility of the non-adjusted data, and the 4-week MA
gives an indication of the recurring pattern of seasonal change in the second
chart (note, for example, those regular January spikes).
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims-NSA
a 52-week
moving average gives a better sense of the long-term trends.
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims-NSA-52-ma
Krauthammer:
Obama's demagoguery in El Paso (Washington Post) [ What else can you expect
from a demagogue … suddenly he’s talkin’ immigration with the election ‘round
the corner, as he courts the Hispanic vote. Aren’t people on to this unctuous
jive-talker yet, failed president that he is.
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! ‘
… Suckers’ rally
to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..the
Philadelphia Fed collapsed from a revised 43.4 (a 27 year high) to 18.5, the
lowest since November 2010… This
is an especially great opportunity to sell / take profits while you still can
since there's much worse to come! U.S. Economy Remains on Life Support Hansen ‘
- The Fed press
conference contained almost no new economic insights;
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street accountable
for the meltdown. ):
‘THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Meanwhile, things are not looking up for
the economy, global / domestic, and the solvency issues of nations,
particularly defacto bankrupt america. Mohamed A.
El-Erian [ In an interview with
Frank Motek, El-Erian states that the nations are facing not debt issues per
se, but solvency issues (ie., america’s defacto bankrupt, etc.) and (PIMCO
dumped their u.s. treasury holdings) that it will take higher interest rates to
sell those debt securities. Moreover, he stated that the subject nations have
only exacerbated their fiscal problems by piling more debt on debt … the
following is an excerpt from El-Erian in part, from the PIMCO website: …http://www.pimco.com ]
Milbank:
The medical mystery of Mitt Romney (Washington Post) [ Does anyone else think Mr.
Milbank’s reference to the Chinese twin girls born with a
single body and two heads was at the least in poor taste. Moreover, I would
further say his reference is probably better suited as applicable to ‘wobama
the b’ (for b***s***) whose actions in office have belied most every campaign
pledge and rhetoric. This is not to say that Romney gets a pass; though I did
previously say and still on my website is (what I write thereon is ‘forever’ as
if engraved on stone) that I recommended that war criminal, coward, incompetent
cheney be replaced by Romney, and then the same, whether by impeachment or
‘encouragement’ (kind of like that Nixon / Ford dynamic), for war criminal, coward,
incompetent moron dumbya bush. I doubt there’s anyone other than mental cases
(ie., limbaugh, hannity, o’reilly, etc.) who could seriously argue that the
country wouldn’t have been better off to this day. That said, 2012 is a whole
new year, and a whole new ‘ballgame’, and wide open, so to speak. Ultimately,
for me, the next president will have met criterion that for me is measurable in
terms of justice, in accordance with long lost (for pervasively corrupt,
defacto bankrupt america) constitutional principles. For me, it’s what I can
see, touch, and measure as being right. As such, for me, the clear resolution
of long standing, justice delayed, justice denied RICO litigation is that
measure and criterion. . 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 ). That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
Reversals
challenge hope of Arab Spring
(Washington Post) [The power of the autocrats … as in Saudi Arabia? Oh
they’re okay … they’re good bad guys … war criminal american buds. Riiiiight!
Just remember … the Arabs won’t forget. And, who will they blame, as if
culpability of u.s., nato, israel, england, etc.. . [Who is foolish enough to believe anything
they say; particularly their scripted, ever-changing, evolving, self-serving
accounts belied only by truth / reality as told by those with true courage and
integrity; as, for example Jessica Lynch, etc
Red Alert: Government Had Osama bin Laden Frozen for Years Nimmo / Jones [ I personally believe
Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc..
His ‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at best yield but a pyrrhic
victory. Moreover, the same comes at a
time of systemic failure for pervasively corrupt, defacto bankrupt
america. While the ‘announcement’ plays well to the dumb back home, the same
will galvanize resistance in the name of
their now martyr, Osama Bin Laden.] [ Osama
bin Laden: A dead nemesis
perpetuated by the US government ...May
1, 2011 ... U.S. intelligence is that bin Laden needs dialysis every 3 days ...
http://www.whatreallyhappened.com/WRHARTICLES/osama_dead.php
Osama bin Laden is dead..: died in December [2001] ..buried in the
mountains of southeast Afghanistan [Telegraph, 12/28/2001]
Musharraf: Bin
Laden probably dead
[A
Bush administration official] said U.S. intelligence is that bin Laden needs
dialysis every three days ..." [CNN]
Karzai: bin
Laden 'probably' dead .. but former Taliban leader Mullah Omar is alive [CNN]
FBI: Bin Laden
'probably' dead
The FBI’s counter-terrorism chief, Dale
Watson, says he thinks Osama bin Laden is "probably" dead. [BBC]
The editor-in-chief of a London-based
Arab news magazine said a purported will it published Saturday was written late
last year [2001] by Osama bin Laden, and shows "he's dying or he's going
to die soon." [CNN]
Usama bin Laden has died
a peaceful death due to an untreated lung complication .. [FOX
News] Renal
dialysis is reserved for patients in end-stage renal failure. .. it's unlikely
that you'd survive beyond several days or a week at the most. [CNN]
]
Weekly
Unemployment Claims Still Above This Scary Level WSCS Short ‘The Department of Labor’s Unemployment Insurance Weekly Claims Report was released
this morning for last week. Claims fell 44,000 from a 4,000 upward revision of
the previous week, which takes the number back to approximately the level prior
to last week’s blip. Here is the official statement from the Department of
Labor:In the week ending May 7, the advance figure for seasonally adjusted
initial claims was 434,000, a decrease of 44,000 from the previous week’s
revised figure of 478,000. The 4-week moving average was 436,750, an increase
of 4,500 from the previous week’s revised average of 432,250. The advance
seasonally adjusted insured unemployment rate was 3.0 percent for the week
ending April 30, unchanged from the prior week’s unrevised rate of 3.0 percent.
The advance number for seasonally adjusted insured unemployment during the week
ending April 30 was 3,756,000, an increase of 5,000 from the preceding week’s
revised level of 3,751,000. The 4-week moving average was 3,718,500, an
increase of 13,250 from the preceding week’s revised average of
3,705,250.Today’s number was 11,000 above the Briefing.com consensus estimate of 423,000 claims.As we can
see, there’s a good bit of volatility in this indicator, which is why the
4-week moving average (shown in the callouts) is a more useful number than the
weekly data.
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims
Occasionally I
see articles critical of seasonal adjustment, especially when the non-adjusted
number better suits the author’s bias. But a comparison of these two charts
clearly shows extreme volatility of the non-adjusted data, and the 4-week MA
gives an indication of the recurring pattern of seasonal change in the second
chart (note, for example, those regular January spikes).
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims-NSA
Because of the
extreme volatility of the non-adjusted weekly data, a 52-week moving average
gives a better sense of the long-term trends.
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims-NSA-52-ma
The Bureau of
Labor Statistics provides an overview on seasonal adjustment here (scroll down about
half way down).
Doug Short
Ph.d is the author of dshort.com.’
Look
at How Producer Prices Continue Getting More Expensive Wall St. Cheat Sheet [This spells big trouble
affecting corporate earnings (some costs can’t be passed on without decreasing
sales) and disposable income / consumer spending. ] ‘The Producer
Price Index for finished goods rose 0.8 percent in April, seasonally adjusted,
the U.S. Bureau of Labor Statistics reported today. This
advance followed increases of 0.7 percent in March and 1.6 percent in February.
At the earlier
stages of processing, prices received by manufacturers of intermediate
goods climbed 1.3 percent in April, and the crude goods index rose 4.0
percent. On an unadjusted basis, prices for finished goods moved up 6.8 percent
for the 12 months ended April 2011, the largest year-over-year gain since
an 8.8-percent increase in September 2008.
Stage-of-Processing
Analysis
About three
quarters of the April advance in the finished goods index can be traced to a
2.5 percent jump in prices for finished energy goods. Also contributing to
the rise in the finished goods index, prices for both finished goods other
than foods (NYSE:RJA) and energy (NYSE:XLE) and for finished consumer foods moved up 0.3
percent in April.
Finished
energy: Prices for finished energy goods increased 2.5 percent in April, the
seventh consecutive monthly advance. Over half of the April rise can be
attributed to the gasoline index, which climbed 3.6 percent (NYSE:USO). Higher prices for liquefied petroleum gas and
residential natural gas (NYSE:UNG) also were factors in the increase in the finished
energy goods index. (See table 2.)
Finished core:
The index for finished goods less foods and energy moved up 0.3 percent
in April, the fifth straight monthly rise. Nearly one-fourth of the April
monthly advance can be traced to a 1.2-percent jump in civilian aircraft
prices. An increase in the index for light motor trucks also contributed
significantly to the rise in finished core prices.
Finished
foods: Prices for finished consumer foods rose 0.3 percent in April after
falling 0.2 percent in the prior month. Leading this advance, the index
for eggs for fresh use surged 56.7 percent.
Intermediate
goods
The Producer
Price Index for intermediate materials (NYSE:XLB), supplies, and components rose 1.3
percent in April, the ninth consecutive monthly advance. The broad-based
April increase was led by prices for intermediate goods less foods and
energy, which moved up 1.1 percent. The indexes for intermediate energy
goods and for intermediate foods and feeds also contributed to
the intermediate goods advance, rising 1.9 percent and 1.8 percent,
respectively. For the 12 months ended April 2011, prices for intermediate
goods climbed 9.4 percent, the largest increase since a 9.8-percent jump
in October 2008. (See table B.)
Intermediate
core: Prices for intermediate goods less foods and energy moved up 1.1 percent
in April, the ninth consecutive monthly rise. About fifteen percent of the
April gain can be attributed to the index for primary basic organic
chemicals, which increased 3.2 percent. Higher prices for ethanol and
steel mill products (NYSE:DBB) also contributed to the advance in intermediate
core prices. (See table 2.)
Intermediate
energy: The index for intermediate energy goods climbed 1.9 percent in April,
the smallest advance since a 1.5-percent increase in November 2010. Prices
for diesel fuel, which moved up 3.5 percent, were a significant
contributor to the April rise. Higher prices for gasoline also were a
factor in the increase in the intermediate energy goods index.
Intermediate
foods: The intermediate foods and feeds index advanced 1.8 percent in April,
the
ninth straight monthly increase. A 5.6-percent jump in prices for beef and veal
accounted for a quarter of the April advance in the intermediate foods and
feeds index.
Crude goods
The Producer
Price Index for crude materials for further processing increased 4.0 percent
in April. For the 3 months ending in April, prices for crude materials
moved up 7.0 percent following an 11.4-percent jump for the 3 months
ending in January. Leading the broad-based monthly advance in April, the
index for crude energy materials rose 4.8 percent. Prices for
crude foodstuffs and feedstuffs and for crude nonfood materials less
energy increased 4.0 percent and 2.6 percent, respectively.
Crude energy:
The index for crude energy (NYSE:XLE) materials moved up 4.8 percent in April.
From January to April, crude energy prices advanced 5.3 percent compared
with a 17.9-percent jump in the previous 3-month period. For the month of
April, the index for natural gas rose 9.4 percent, accounting for over
half of the increase in prices for crude energy materials. Advances in
the indexes for crude petroleum and coal also contributed to higher crude
energy prices.
Crude foods:
Prices for crude foodstuffs and feedstuffs (NYSE:RJA) advanced 4.0 percent in April. For the
3 months ending in April, the index for crude foods jumped 11.4 percent
subsequent to moving up 5.5 percent from October to January. Accounting
for about half of the monthly rise in April, the grains index increased
15.5 percent. Higher prices for slaughter steers and heifers also were
a factor in the advance in the crude foods index.
Crude core:
The index for crude nonfood materials less energy rose 2.6 percent in April.
From January to April, crude core prices moved up 2.5 percent after a
10.1-percent advance in the previous 3-month period. For the month of
April, a 4.5-percent increase in the index for copper base scrap was a
factor in higher crude core prices.
Services
Analysis Trade Industries
TTrade
industries: The Producer Price Index for the net output of total trade
industries moved up 0.1 percent in April, the third consecutive increase.
Trade indexes measure changes in margins received by wholesalers and
retailers (NYSE:RTH). Leading the April advance was a
5.3-percent increase in margins received by department stores (NYSE:IYR). Higher margins received by women’s
clothing stores and by electronic shopping and mail order houses also
contributed significantly to the rise in the total trade industries index.
Transportation
and warehousing industries: The Producer Price Index for the net output
of transportation and warehousing industries rose 0.3 percent in April,
the seventh consecutive increase. Accounting for forty-five percent of the
April advance, prices received by couriers climbed 1.4 percent. Increases
in the indexes for long distance general freight trucking (truckload) and
line-haul railroads also were factors in the April rise in the transportation
and warehousing industries index.
Traditional
service industries: The Producer Price Index for the net output of total
traditional service industries moved up 0.7 percent in April after no
change in the previous month. Leading this advance, prices received by the
depository credit intermediation industry group rose 7.3 percent. Higher
prices received by insurance carriers and by general medical and
surgical hospitals (NYSE:XLV) also contributed to the increase in the total
traditional service industries index.’
“Made
in America”: The Comeback [ Come on! Let’s get real! Not in a million years
… though citing the increased exports, what’s absent from this article is that
we saw an INCREASE in the trade deficit (hence, I haven’t included this ‘feel
good’ fluff piece). Some ‘pay to play’ and other manipulations, but this
structural shift is forever and a done deal; however foolish and misguided by
pervasively corrupt, defacto bankrupt america, they can’t unring the bell on
yet another policy / strategic blunder at all levels of the u.s. government,
and that short –sighted corporate american hierarchy. [video]GDP
Fears Going Up - Trader NEW YORK (TheStreet) - - Trade
deficit data is causing concerns over a lowered GDP says Alan Valdes of DME
Securities. ]
Mohamed A.
El-Erian [ In an interview with
Motek, El-Erian states that the nations are facing not debt issues per se, but
solvency issues (ie., america’s defacto bankrupt, etc.) and (PIMCO dumped their
u.s. treasury holdings) that it will take higher interest rates to sell those
debt securities. Moreover, he stated that the subject nations have only
exacerbated their fiscal problems by piling more debt on debt … the following
is an excerpt from El-Erian in part, from the PIMCO website: http://www.pimco.com] ‘ … BALANCE OF RISKS Most baselines are subject to two-sided risks.
Our Secular Outlook is no different in this regard and, in this case, the risks
are well balanced.
On the one
hand, the baseline could prove to be too pessimistic on three major counts:
First, emerging economies (and China in particular) could show greater
willingness and ability to unleash domestic consumption; second, the balance
sheets of central banks in industrial countries could indeed be used very
aggressively without undermining inflationary expectations and fueling a
political reaction; and third, some of the remarkable scientific advances could
translate quickly into massive productivity gains.
These three
factors would facilitate economic growth in industrial countries. And growth is
critical for enhancing the capacity of the world economy to deal with its balance
sheet problems, reverse the involvement of governments in markets and, thereby,
reduce the likelihood of government failures following the recent string of
market failures.
On the other
hand, the baseline could be too optimistic on (also) three major counts: First,
households and companies could embark upon a renewed cycle of self-insurance in
reaction to the medium-term uncertainties facing the global economy. This
paradox of thrift would further weaken the growth and debt dynamics; it would
also increase the risk of trade protectionism. Second, some of the
super-secular issues (such as climate change, demographics and the atomization
of societies) could play out in secular time, significantly increasing the
structural headwinds facing the global economy. Third, the world could face a
geopolitical shock, either because of frictions and tensions between certain
nation-states or due to vulnerability to acts of terrorism perpetrated by small
groups or individuals.
In Conclusion
We are living through a remarkable
time of change for the global economy, where several anchoring parameters have
become variables. It is a time of friction, collisions and renewal as we
journey to a de-levered and re-regulated world with weaker growth dynamics in
industrial countries and less political enthusiasm for unfettered globalization
and markets.
This brings us
back to the image of a car that, having used its spare tire(s), is still
embarked on a bumpy road through unfamiliar territory and to a less-than-stable
destination. Parts of the car are up for this journey; others will likely hold
up but in a tentative and fragile manner; and yet others will fail.
For investors,
this translates into a secular period of changing risks and opportunities:
- The distribution of global outcomes is going
through a transformation, both in terms of overall shape (flatter) and
tails (fatter);
- It is a world where several of the old
simplifying adages that once brought comfort to investors – such as
industrial country governments constitute interest rate risk while
emerging economies involve credit risk – require considerable refinement;
- It is a world that calls for a broader
investment universe and guidelines and, for those who use them, revamped
benchmarks that better capture the world of today and tomorrow rather than
that of yesterday;
- It is a world of significant country, regional
and instrument differentiation when it comes to harvesting equity and
credit premiums in high-quality corporates, financials and emerging
markets;
- It is a world where the currencies of the
emerging (as opposed to submerging) economies will continue to warrant a
greater allocation over time; and
- It is a world where the safest of carry will
come from duration and curve in sovereigns that, due to their economic and
financial fundamentals, are truly core countries in the midst of this
global paradigm shift…’
Look
How the Federal Budget Deficit Will Exceed $1 Trillion Again Wall St. Cheat Sheet ‘Yesterday the Federal Budget Deficit reminded us that even during the
season when Uncle Sam collects your taxes — 45% more than last year — we still
can’t create a surplus! Superficially, we can blame the recent economic
crisis for the issue. However, if we dig deeper into the historical data, below
we can see politicians have been out of control for decades. More specifically,
the fall of 2001 kicked off a drunken binge on Federal deficit spending (Click for Larger Image) We haven’t seen a
single budget surplus since the economic crisis, and future budget projections
from the Congressional Budget Office indicate we shouldn’t sit on the shore
waiting for one to dock anytime soon. Check Out “CHART
OF THE DAY: Watch the US Debt Set a 60 Year Record“. In fact, the CBO
increased their annual deficit projection for 2011 from $1.1 trillion to
$1.5 trillion — the third straight year of $1 trillion-plus deficits. The
record monthly deficit of $222.5 billion in February beat last February’s
record by almost $2 billion. At least we didn’t set a new record so soon.’ Debt
ceiling battles have negotiation experts shaking their heads Professional
negotiators weigh in on lawmakers’ inept attempts to negotiate the national
debt ceiling. (Washington Post) [ Boehner
seeks more than $2 trillion in cuts (Washington Post) [ I’m sure I’m not alone in thinking
‘Riiiiight! … that’ll happen … and all
without cuts to endless war spending … while the situation’s more than that
dire, the advice is … don’t hold your breath!
Milbank:
The GOP’s juvenile debate (Washington Post) [ Mr. Milbank has
lamentably become the rush limbaugh / sean hannity of the newspaper world,
though he barks and apologizes for dems (and wobama the b for b*** s***) only
(as they for the gop / bushies only). A
political minefield in Treasury plan
(Washington Post) [ What plan!
. Let
the budget battle begin Congress returns to fight over the nation’s
solvency. (WP) [ Stated another way, the nation’s solvency is
over. .. america’s defacto bankrupt with no end in sight.. interest alone is
eating progressively into GDP beyond the subterfuge.. Gerson:
How serious are we about the deficit? (WP) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..the
Philadelphia Fed collapsed from a revised 43.4 (a 27 year high) to 18.5, the
lowest since November 2010… This
is an especially great opportunity to sell / take profits while you still can
since there's much worse to come! U.S. Economy Remains on Life Support Hansen ‘
- The Fed press
conference contained almost no new economic insights;
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Hedge
fund billionaire convicted of fraud Raj Rajaratnam was convicted on all 14
counts of fraud and conspiracy in the biggest insider-trading case in a generation,
handing the government a victory after it was pummeled for bringing so few
high-profile prosecutions out of the financial crisis. (Washington Post) [
Raj Rajaratnam Found Guilty On All Counts [ I share the following sentiments from Wall St Cheat Sheet: ‘…2) Insiders are finally getting busted.
Although the media loves the
Raj Rajaratnam trial and his guilty on all 14 counts, who really gives a
s*** compared with what large banks, investment banks, and mortgage companies
did to the US economy. So long as the Dick Fulds of the world are sipping
champagne in Capri, Italy, these insider trading cases are basically
sideshows…’ ] SEC
urged to ease fundraising rules
(Washington Post) [ REDUNDANT! I
mean come on! Any more ‘easing’ and we’d be in negative territory where they
actually reward you for breaking the rules which is currently the reality in
pervasively corrupt, defacto bankrupt, meaningfully lawless america. Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
People
must realize that though having but 5% of the
world’s population, america can boast 76% of the world’s serial killers and the
highest crime rates in the world by far.
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 ). That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
AIG
to sell Treasury shares The government soon will begin unloading its 92.1
percent ownership stake in the bailout company. (Washington
Post) [ Who’s the unlucky sucker? Ultimately, a pension fund or two or three,
etc., or maybe you or an equally unlucky member of your family. Stock
market on a roll despite slowing economic growth, lingering
unemployment[Also known as reality! Roll … yes, indeed … everyone’s to get
rolled! ] (WP) Dow is up more than 10 percent for 2011, to its highest
point in nearly three years. [ Same bubble scenario preceeding last crash
(including currency manipulation); yet, far worse this time owing to
insurmountable debt and defacto bankruptcy of the nation.
Fed
Chairman Bernanke does reality TV (WP) [ Except the ‘NO-RECESSION HELICOPTER
BEN B.S. BERNANKE’ show is scripted unreality … even with his reduction in
estimate for ‘economic growth’, the frauds on wall street still rallied. Bernanke
prepares to make history (WP) [ He
already has! $6 gas acomin’, $1,508+ gold, $46+ silver, other commodities at
record levels, hyperinflation as predicted well on the way from over-printing
of fiat paper currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
20. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
21. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
22. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
23. The artificially suppressed interest rates...
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline’ ]
States
face shortfall for retirees]
Selling
In May Is Very Good Advice This Year Harding Stocks
slip after three-day rally (Washington Post) [
Top 3 Reasons Markets Tanked with Oil WSCS‘DJI -1.02% SP500 -1.11% Nasdaq -0.93%
Gold -0.82% Oil -4.63% at $98.88.
Gold sold off ..Silver lost over 8%.
1) Commodities
and Oil got slaughtered. .. widening trade gap.
2) Insiders
finally getting busted.. but what about what large banks, investment banks, and
mortgage companies did to the US economy…these insider trading cases are
basically sideshows…
Fed
official calls for vigilance (WP)
[ Who’s still buying their
b***s***! Much higher prices / inflation’s already here. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Bernanke
prepares to make history (WP) [ He already has! $6 gas acomin’..
hyperinflation as predicted well on the way from over-printing of fiat paper
currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
24. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009…’
28
Statistics About The Gutting Of The U.S. Economy That Will Blow Your Mind ‘Red alert! Over 40 billion dollars of
America’s national wealth is being shipped out of the country every single
month. Our economy is being gutted and we are bleeding wealth and we are
bleeding jobs. The
American Dream May 12, 2011
Red alert! Over 40 billion
dollars of America’s national wealth is being shipped out of the country every
single month. Our economy is being gutted and we are bleeding wealth and
we are bleeding jobs. This is a distress call. Is anyone listening?
Thousands of our factories and millions of our jobs are being shipped
overseas. Over the past decade over 6 trillion dollars have been
transferred into the hands of foreigners. Our national government is so
broke that they constantly have to go and beg those foreigners to lend us back
some of that money in order to finance our exploding debt. The number of good
jobs continues to decline and there are millions upon millions of my countrymen
that are unemployed. Can anybody help us? Mayday! Mayday! Mayday!Sadly,
the vast majority of Americans really are dead asleep on this issue. They
just continue to run out to the big retail stores and fill their carts with
products made in China and yet they seem completely bewildered by the fact that
the number of good jobs continues to decline.Over the past decade, the number
of middle class jobs has fallen by about ten percent. There is a reason
for this. America is becoming poorer. The economic pie is
shrinking. When we ship 40 to 50 billion dollars into the hands of foreigners
every single month, that means that there is a lot less wealth for all of us to
divide up.Every single month, the U.S. ships in massive amounts of foreign oil
and massive amounts of cheap plastic trinkets from places such as China which
we greedily consume. In return, we send them a giant pile of money.This
happens month after month after month. You see, we always need more of
their oil and more of their plastic trinkets. They are more than happy to
keep getting richer and richer.Meanwhile, thousands of our factories and
millions of our jobs continue to be sent overseas where labor is far
cheaper. Thanks to globalization, American workers much now directly
compete for jobs with workers that are willing to work for less than a dollar
an hour on the other side of the globe.
The
dismantling of our economy is happening right in front of our eyes and most of
our politicians are not doing a thing to stop it.
The following
are 28 statistics about the gutting of the U.S. economy that will blow your mind….
#1 According to the U.S. Department of Commerce, the
U.S. trade deficit for the month of March was $48.2 billion. That was up from
$45.4 billion in February.
#2 The United States has had a negative trade
balance every single yearsince 1976.
#3 Between December 2000 and December 2010, the U.S.
ran a total trade deficit of 6.1 trillion dollars.
#4 The U.S. trade deficit with China in March was $18.1
billion. This is money that is not going to support U.S. businesses
and U.S. workers. If that money was actually going to our businesses and
to our workers it would increase tax revenues.
#5 Since China entered the WTO in 2001, the U.S. trade
deficit with China has grown by an average of 18% per year.
#6 During 2010, we spent $365 billion on goods and services
from China while they only spent $92 billion on goods and services from us.
#7 Since 2005, Americans have gobbled up Chinese
products and services totaling $1.1 trillion, but the Chinese have
only spent $272 billion on American goods and services.
#8 The U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990.
#9 According to a recent report from the Economic
Policy Institute, between 2001 and 2008 the United States lost 2.4 million jobs due to the growing
trade deficit with China. Every single state in America experienced a net
job loss due to our trade deficit with China during that time period.
#10 The United States has lost an average of
50,000 manufacturing jobs per month since China joined the World Trade Organization in
2001.
#11 The United States has lost a staggering 32
percent of its manufacturing jobs since the year 2000.
#12 Between
December 2000 and December 2010, 38 percent of the manufacturing jobs in
Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were
lost and 48 percent of the manufacturing jobs in Michigan were lost.
#13 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.
#14 China produced 19.8 percent of all the goods
consumed in the world last year. The United States only produced 19.4 percent.
#15 According to the IMF, China is going to have the
largest economy in the world by 2016.
#16 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.
#17 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.
#18 Manufacturing employment in the U.S. computer
industry was actually lower in 2010 than it was in 1975.
#19 In 2002, the United States had a trade deficit in
“advanced technology products” of $16 billion with the rest of the world.
In 2010, that number skyrocketed to $82 billion.
#20 Last year, China produced 11 times as much steel as the United
States did.
#21 Do you remember when the United States was the
dominant manufacturer of automobiles and trucks on the globe? Well, in
2010 the U.S. ran a trade deficit in automobiles, trucks and parts of $110 billion.
#22 In 2010, South Korea exported 12 times as many automobiles, trucks and
parts to us as we exported to them.
#23 According to one recent study, China could
become the global leader in patent filings by next year.
#24 China is now the number
one supplier of components that are critical to the operation
of U.S. defense systems.
#25 In 2010, the number one U.S. export to China
was “scrap and trash”.
#26 Thanks to our exploding trade deficit with China,
the Chinese have accumulated nearly 3 trillion dollars
in foreign currency reserves. That is the largest stockpile of foreign
currency reserves on the entire globe.
#27 The amount of the trade deficit that can be
attributed to foreign oil is at the highest level that we have seen since 2008.
#28 It is being projected that for the first time ever,
the OPEC nations are going to bring in over a trillion dollars
from exporting oil this year. Their biggest customer is the United
States.
Our dependence
on foreign oil is literally bleeding us dry. Once we have burned up all
of that foreign oil in our cars we are left with nothing. But the people we
bought all that oil from are still sitting on all that cash.As we ship our
wealth, our factories and our jobs out of the country, America is getting
poorer.That means that individual Americans are getting poorer.According to one
estimate, between 1999 and 2009 real median household income in the United
States declined by 5.0%.Today, over 44
million Americans are on food stamps and over 47 million Americans are living
in poverty. This is not an accident and it didn’t happen overnight.
Our economic policies are absolutely killing us.This economic downturn has hit
men particularly hard. As thousands of manufacturing facilities have shut
down, millions of blue collar workers have been dumped out on the street.
Most blue collar workers are men.Since January 2008, male employment has
declined by 4,932,000 jobs.Ouch.During
2010, only 66.8% of American men had jobs, which was a new
all-time record low.There are a lot of blue collar workers that are sitting at
home on their couches today that are still trying to figure out what in the
world happened to their good jobs.There are now more than 6 million Americans
that the government says have given up
looking for work completely. Most of them are men.Sadly, in our
society today most of the people that pursue higher education are women.
Today, 61% of all college degrees
are earned by women.Not that a college education is a ticket to success in
today’s world. According to the Economic Policy Institute, the unemployment
rate for college graduates younger than 25 years old was 9.3 percent in 2010.In fact, the majority of
all of our college graduates end up running home to Mom and Dad after they
graduate.According
to a poll conducted by Twentysomething Inc., 85 percent of U.S. college
graduates will move back home with their parents (at least initially) after
graduation. That is up from 67 percent back in 2006.The truth is that
there are not nearly enough jobs for everyone and that is a huge problem.We
have become a nation that consumes far more wealth than it produces. That
is a recipe for disaster any way that you cut it.Until we have some fundamental
changes to our trade policy, these long-term trends are just going to
continue. We are going to continue to bleed wealth, bleed factories and
bleed jobs.Tax revenues go down when factories shut down and when American
workers are sitting at home on their couches. This is a huge factor in
why our federal, state and local governments are drowning in debt. We
have got to have more wealth creation inside this country or else we are going
to continue to see our government debt problems get even worse.If you walk into
just about any major retail store today, what do you find?You find loads and
loads of products that have been made somewhere else.I hope that you are
enjoying “the low, low prices” because they come at a very high cost.We once
had the greatest economic machine in the history of the world but now it is
being gutted like a fish.If we continue on the road that we are on, the entire
country is eventually going to become just like Detroit.Is that what you want?’
How
the US government will seize your retirement account Following in the
footsteps of a rather ignominious list of nations like Argentina and Hungary,
the government of lreland is set to take its ‘fair share’ of private retirement
funds.
Taliban
Attacks Dim U.S. Hopes Bin Laden’s Killing May Hasten Afghan Exit Bloomberg
| Bin Laden’s “martyrdom” will give a “new impetus” to the Taliban’s
fight. Top
Doctor Confirms Bin Laden Had Marfan Syndrome An MSNBC hit piece that attempts to debunk
Dr. Steve R. Pieczenik’s assertion that Osama Bin Laden died from Marfan
syndrome in 2001 unwittingly provides corroboration from a top Cornell doctor
who first made similar statements in an interview with Salon magazine two
months after 9/11. Evidence:
Bin Laden worked like a crime boss (Washington Post) [ Come on! This is all
such total b***s*** at this point at least if not sooner. How totally
preposterous! Now we can add that word picture … Vito Corleone of ‘Godfather’
fame’s opening words, ‘I love america’ … What in pervasively corrupt, defacto
bankrupt america isn’t operated as a crime syndicate led by a crime boss? Who
shot bin Laden? Former SEALs fill in the blanks (WP) [ Well, here I am on the same page as a
former navy seal: Jesse
Ventura Questions Obama’s Narrative Of Bin Laden Raid Former Navy SEAL and
Governor of Minnesota Jesse Ventura has questioned Barack Obama’s official
narrative regarding the raid on Osama Bin Laden, telling the Alex Jones Show of
his suspicions that Osama died years ago, and expressing disbelief that the man
seen flicking between TV channels in the video released by the White House
Saturday was actually Bin Laden. [Who
is foolish enough to believe anything they say; particularly their scripted,
ever-changing, evolving, self-serving accounts belied only by truth / reality
as told by those with true courage and integrity; as, for example Jessica
Lynch, etc. White
House Press Secretary “Floundering Under Pressure” Of Flip-Flopping Bin Laden
Fable Staged:
White House “Situation Room” Photos Part Of Bin Laden Fable .. No
resistance in “cold-blooded” U.S. raid: Pakistan officials The
Cost of Bin Laden: $3 Trillion Over 15 Years Bin Had The
Growing Coverup: Osama and “The Big Lie” The Obama administration and the
corporate media are concocting an ever-more elaborate and spectacular theater
around the “heroic” murder of the CIA intelligence myth/CIA asset Osama bin
Laden. Red Alert: Government Had Osama bin Laden Frozen for Years Nimmo / Jones | Videos [ I personally
believe Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc..
His ‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at best yield but a pyrrhic
victory. Moreover, the same comes at a
time of systemic failure for pervasively corrupt, defacto bankrupt
america. While the ‘announcement’ plays well for the nonce, to the dumb,
uninformed back home, the same will
galvanize resistance in the name of their now martyr, Osama Bin Laden.]
[ Osama
bin Laden: A dead nemesis
perpetuated by the US government ...May
1, 2011 ... He's apparently got dialysis
... for kidney problems. ...
official] said U.S. intelligence is that bin
Laden needs dialysis
every three days ...
http://www.whatreallyhappened.com/WRHARTICLES/osama_dead.php
Osama bin Laden is dead. The news first came from sources in Afghanistan
and Pakistan almost six months ago: the fugitive died in December [2001] and
was buried in the mountains of southeast Afghanistan. Pakistan's president,
Pervez Musharraf, echoed the information. The remnants of Osama's gang,
however, have mostly stayed silent, either to keep Osama's ghost alive or
because they have no means of communication. Bin Laden's voice was detected
regularly until [14 December 2001] by intelligence operatives monitoring radio
transmissions in Tora Bora, according to the Pentagon [details]. Since then, nothing has been heard from the
al-Qa'eda leader and President Bush has hinted in private that bin Laden's
silence could mean he has been killed. [Telegraph, 12/28/2001]
Pakistan's
Musharraf: Bin Laden probably dead
Pakistan's president says he thinks Osama
bin Laden is most likely dead because the suspected terrorist has been unable
to get treatment for his kidney disease. [A Bush administration official] said
U.S. intelligence is that bin Laden needs dialysis every three days and
"it is fairly obvious that that could be an issue when you are running
from place to place, and facing the idea of needing to generate electricity in
a mountain hideout." [CNN]
Karzai: bin
Laden 'probably' dead
Osama bin Laden is "probably"
dead, but former Taliban leader Mullah Omar is alive, Afghan President Hamid
Karzai has said. [CNN]
FBI: Bin Laden
'probably' dead
The US Federal Bureau of Investigation's
counter-terrorism chief, Dale Watson, says he thinks Osama bin Laden is "probably"
dead. [BBC]
Magazine runs
what it calls bin Laden's will
The editor-in-chief of a London-based
Arab news magazine said a purported will it published Saturday was written late
last year [2001] by Osama bin Laden, and shows "he's dying or he's going
to die soon." [CNN]
Usama
bin Laden has died a peaceful death due to an untreated lung complication, the
Pakistan Observer reported, citing a Taliban leader who allegedly attended the
funeral of the Al Qaeda leader. "The Coalition troops are engaged in a mad
search operation but they would never be able to fulfill their cherished goal
of getting Usama alive or dead," the source said. [FOX
News] Renal
dialysis -- talking about hemodialysis -- is something that really is reserved
for patients in end-stage renal failure. That means their kidneys have just
completely shut down. The most common cause of something like that would be
something like diabetes and hypertension. Once that's happened, if you're
separated from your dialysis machine -- and incidentally, dialysis machines
require electricity, they're going to require clean water, they're going to
require a sterile setting -- infection is a huge risk with that. If you don't
have all those things and a functioning dialysis machine, it's unlikely that
you'd survive beyond several days or a week at the most. [CNN]
NATO
and Afghan raid mistakenly kills young girl, policeman
in east Afghanistan http://www.washingtonpost.com/world/nato-and-afghan-raid-mistakenly-kills-young-girl-policeman-in-east-afghanistan/2011/05/12/AF3nKYwG_story.html (Washington Post) [ Yeah! There you go …
that new strategy / plan already paying dividends and winning hearts and minds
… A
push for new Afghan strategy (WP) [
Riiiiight! That umpteenth new strategy / progress thing … pervasively corrupt,
defacto bankrupt america can really afford it … Clinton
predicts violent spring in Afghanistan
(WP) Secretary Clinton on Thursday warned NATO
allies not to abandon Afghanistan and predicted a violent spring. [ Well, there
you go … something to look forward to … sounds like a plan … you know, that
progress thing so touted by gates / petraeus … remind us that these people,
particularly innocent civilians, died for no good reason at all. .. america's
defacto bankruptcy. 'Alas, poor america
… a nation of infinite jest, and unexcellent fancy … and pervasive criminality'
…IED
casualties in Afghanistan spike
(WP) [ Yeah!
That progress thing’s a b**ch! What do
you expect them 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. Drudgereport: Congresswoman calls
Afghanistan 'national embarrassment'...
'Epic failure'... Woolsey (D-CA) says Afghanistan
war a disaster. "This war represents an epic failure, a national
embarrassment and a moral blight," Rep. Woolsey said. [Though broke,
they’re still voting for more war across the board.. this war is a
blowback-creating, self-perpetuating, self-destructive, self-defeating,
colossally expensive debacle benefiting war profiteers / lobbies and frauds
while diverting attention from the more ’mundane’ tasks of governance. War on Terror is a Reichstag Fire False Flag Operation Sartre | If you really want justice
for the 911 murders, you must face reality and look within your own government
for the true terrorists.
Why Does the Terrorist Kingpin Look Better Than He Did in
2001? Washington’s Blog
Bin Laden Hoax….The Rest Of The Story Cartalucci
.. examination of mainstream media’s headlines and interviews with the CIA
director himself calls into question the official narrative.
Hoax: White House Claims 4-Year-Old Bin Laden Video Is New
Footage
Then,
of course, there’s also: that ‘pearl harbor event’ so sought by the neo-cons /
war mongers still defies explanation (ie., the ‘stand-down order’, symmetrical
implosions, foreknowledge by some {who conveniently ‘missed the party’ that
day}, etc.. Some links, echoing the unbelief akin to the ‘Jessica Lynch’,
Tillman, etc., affairs follow. People
must realize that though having but 5% of the
world’s population, america can boast 76% of the world’s serial killers, and
the highest crime rates in the world by far.
]
Drudgereport: Treasury Auctions to Push US Over Debt Ceiling...
McCARTHY:
'Not one Republican vote' to borrow more without cuts...
'Greater
than expected' damage seen at Japan reactor...
Obama
Tells Companies to 'Step Up' and Hire Workers...
'Nothing
More Important' Than A Government Job… [ and if you believe the jive-talker, he
has some swampland in jersey he wants to sell you! ] ...
REPORT:
48 Women Raped Every Hour in Congo...
'DOLLAR
IN GRAVER DANGER THAN EURO'...
FORBES:
RETURN TO GOLD STANDARD WITHIN 5 YEARS...
In
S.C., legislature takes first step...
POLL: 1 in 5 say bin Laden alive...
MICHELLE:
KEEPS ON DANCING!
First
Lady to host rapper who talks of killing cops...
USA
FREAK OUT: TERROR FEARS; FALSE ALARMS...
Sen.
Schumer Calls For Amtrak 'Do Not Ride' List...
Two
tunnel 'breaches' cause scare in NYC...
Threats
Divert Planes in Three Separate Incidents...
Passengers,
flight crew subdue man banging on cockpit door...
Dallas
Train Station Evacuated: Man Asked For Help Carrying Packages...
4
Arrested For Videotaping TSA Line At Denver...
SHOCK PHOTO: TSA LOOKING FOR
'POOP BOMBS?'
U.S.-Pak.
Rift Widens...
Pak.
warns of 'full force' response to future US raids...
S&P
cuts Greece's rating...
BOEHNER
TO DEMAND NOT BILLIONS, BUT TRILLIONS
IN CUTS...
OIL
REBOUNDS; 2ND LARGEST GAIN ON RECORD...
REPORT:
Housing crash getting worse...
...values
fall fastest rate since '08
Michelle
Obama to host rapper at WH who talks of killing cops...
'COMMAND
CENTER'...
Pakistan
skeptical of U.S. claim bin Laden directed network...
Two loud explosions heard in town where bin Laden killed...
Videos
show 9-11 mastermind watching himself on TV...
U.S.
government censors tapes, cuts audio...
Inside
bin Laden's squalid home...
NYT:
Final days of domesticity...
Drone
Strike Kills 15 in Pakistan...
First
since bin Laden raid...
BIN
LADEN SUPPORTERS RAGE ON THE STREETS OF LONDON, VOW REVENGE...
Stage
mock funeral in front of US embassy...
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
JAPAN
URGES HALT AT THREE REACTORS...
UNEMPLOYMENT
BACK UP TO 9.0%...
Fannie
Mae Reports $8.7B Loss for First Quarter...
Seeks
$8.5B more from taxpayers...
APRIL
JOBS: +244,000...
FUZZY
MATH: How can US add
jobs but the unemployment rate go up?
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
Silver
Plunge Spreads...
OIL
GUTTED...
Price
Slide Temporary, New Highs Likely: Goldman...
Fears
linger of a new 'flash crash'...
Euro
Tumbles...
CNN
SHOCK POLL: RON PAUL HAS BEST CHANCE VS OBAMA
National
Home Prices Double Dip...
JOBLESS
CLAIMS RISE TO 8 MONTH HIGH...
Fears
linger of a new 'flash crash'...
9-11
FAMILY: 'SHOW US PROOF BIN LADEN KILLED'...
Victim's
father: Obama 'putting too much spotlight on himself'...
Channels
Bush at Ground Zero: 'We will never forget'...
Tells
teen survivor he knows
Justin Bieber...
Turns
Back on 9/11 Family Member...
AUDIO...
Muslim
Brotherhood urges review of Israel ties...
Pakistanis
burn U.S. flags; backlash over death grows...
Pakistan
officials: No resistance in 'cold-blooded' U.S. raid...
Warns
America not to stage any more...
Threatens
'disastrous consequences'...
Muslims
already name dump location 'Martyr's Sea'...
OBAMA,
NO PHOTOS OF OSAMA: 'We don't need to spike the football'...
'Conspiracy theorists will just claim doctored'...
Sen.
Scott Brown: 'I've seen picture, he's definitely dead'...
UPDATE:
Photo proving bin Laden's death to Sen. Brown was
faked...
three
senators fell for fakes...
UPDATE:
'The photo I saw and that a lot of other people saw is not authentic'...
Top
Dem: No photo needed, 'there's absolute proof'...
REUTERS RELEASES 'DEATH SCENE' PHOTOS
**WARNING GRAPHIC**
UPDATE: Photo proving bin Laden's death to Sen. Brown was faked...
Possibly
three senators fell for fakes...
Pakistan:
'Not a single bullet fired from compound'...
WIRE:
Photos from 1 hour after raid show 3 dead, no weapons...
The
Slippery Story of the bin Laden Kill...
Official says 'killed apparently
by the U.S. raid team'...
DOLLAR
HITS 3 YEAR LOW...
1
IN 7 ON FOOD STAMPS!
Job
numbers disappoint...
Treasury
suggests $2 trillion debt cap raise...
Postal
Service loses $2.2B in second quarter (Washington Post) [ And, let me add that they
deserved that loss. The USPS is totally unreliable and basically a jobs program
for the otherwise unemployable; and, they are also corrupt. I’ve previously set
forth the scenario where the postal service waylaid dvd disks sent
priority/confirmation and a second time, certified mail, to the FBI (violations
of federal law, tampering, obstruction, etc.), and ultimately additional copies
of said disks were delivered by the reliable, efficient, competitive,
performance-driven UPS (their parcel rates are roughly the same and yet half
the delivery time – Fedex is as unreliable as the USPS-and for some time had a
deal with the USPS). Amazon, Ebay, though a boon to the USPS, have consistently
failed to deliver in the realm of computers.
http://www.procomputercenter.com . Pro Computer Center is among the few
remaining stores of their kind. They are performance / service / customer
oriented like no other surviving computer retailer / repairer / service
providers I’ve experienced. They’ve also moved into the realm of computer
forensics / data recovery in the context of court proceedings where they’ve
successfully performed where others failed and at substantially more reasonable
rates than ‘the competition’. My most
recent computer problems accounting for some website / posting delays has been
once again been resolved by them and another Dell computer (the circumstances
of the most recent debacle was a barrage of Trojans caught by my antivirus, one
after another, then shutting down my antivirus, ultimately freezing (no boot)
my computer (I previously alluded to my reasonable suspicions as to who
perpetrated same). My experiences with such as Amazon, Ebay have been atrocious
and borderline if not outright fraudulent (the shoddy sellers), time consuming,
and aggravating in the ‘claims process’. Moreover, other retailers lay most of
the warrantee on the manufacturer. (Prior testimonial:
I just wanted to extend to you and your company my sincere thanks
for a job well done.. I bought my first computer from you (Ben) in or around
1999. It was a Sony Vaio laptop which owing to Windows Millenium and a very
proprietary approach to computing on the part of Sony, truth be told, was not
the greatest system in terms of stability, but no fault of yours. Ultimately,
though functional, I traded to you the Vaio for a Mac. You’ve always stood by
your products / service, are available / accessible to field / handle all
questions / problems which is rare indeed. In Armand you have a top-notch A+
Certified Tech who is patient, knowledgeable, and talented. Ruben, in truth has
been particularly instrumental in seeing to a smooth transition in my recent
dealings with your company as a knowledgeable IT Specialist and especially as a
savvy, capable manager. Since 1999 I’ve purchased five computers from you and
based upon performance, the sixth is assured.
Evidence:
Bin Laden worked like a crime boss (Washington Post) [ Come on! This is all
such total b***s*** at this point at least if not sooner. How totally
preposterous! Now we can add that word picture … Vito Corleone of ‘Godfather’
fame’s opening words, ‘I love america’ … What in pervasively corrupt, defacto
bankrupt america isn’t operated as a crime syndicate led by a crime boss? Who
shot bin Laden? Former SEALs fill in the blanks (WP) [ Well, here I am on the same page as a
former navy seal: Jesse
Ventura Questions Obama’s Narrative Of Bin Laden Raid Former Navy SEAL and
Governor of Minnesota Jesse Ventura has questioned Barack Obama’s official
narrative regarding the raid on Osama Bin Laden, telling the Alex Jones Show of
his suspicions that Osama died years ago, and expressing disbelief that the man
seen flicking between TV channels in the video released by the White House
Saturday was actually Bin Laden. [Who
is foolish enough to believe anything they say; particularly their scripted,
ever-changing, evolving, self-serving accounts belied only by truth / reality
as told by those with true courage and integrity; as, for example Jessica
Lynch, etc. White
House Press Secretary “Floundering Under Pressure” Of Flip-Flopping Bin Laden
Fable Staged:
White House “Situation Room” Photos Part Of Bin Laden Fable .. No
resistance in “cold-blooded” U.S. raid: Pakistan officials The
Cost of Bin Laden: $3 Trillion Over 15 Years Bin Had The
Growing Coverup: Osama and “The Big Lie” The Obama administration and the
corporate media are concocting an ever-more elaborate and spectacular theater
around the “heroic” murder of the CIA intelligence myth/CIA asset Osama bin
Laden. Red Alert: Government Had Osama bin Laden Frozen for Years Nimmo / Jones | Videos [ I personally
believe Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc..
His ‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at best yield but a pyrrhic
victory. Moreover, the same comes at a
time of systemic failure for pervasively corrupt, defacto bankrupt america.
While the ‘announcement’ plays well for the nonce, to the dumb, uninformed back
home, the same will galvanize resistance
in the name of their now martyr, Osama Bin Laden.]
Debt
ceiling battles have negotiation experts shaking their heads Professional
negotiators weigh in on lawmakers’ inept attempts to negotiate the national
debt ceiling. (Washington Post) [ Boehner
seeks more than $2 trillion in cuts (Washington Post) [ I’m sure I’m not alone in thinking
‘Riiiiight! … that’ll happen … and all
without cuts to endless war spending … while the situation’s more than that
dire, the advice is … don’t hold your breath!
Milbank:
The GOP’s juvenile debate (Washington Post) [ Mr. Milbank has
lamentably become the rush limbaugh / sean hannity of the newspaper world,
though he barks and apologizes for dems (and wobama the b for b*** s***) only
(as they for the gop / bushies only). A
political minefield in Treasury plan
(Washington Post) [ What plan!
. Let
the budget battle begin Congress returns to fight over the nation’s
solvency. (WP) [ Stated another way, the nation’s solvency is
over. .. america’s defacto bankrupt with no end in sight.. interest alone is
eating progressively into GDP beyond the subterfuge.. Gerson:
How serious are we about the deficit? (WP) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..the
Philadelphia Fed collapsed from a revised 43.4 (a 27 year high) to 18.5, the
lowest since November 2010… This
is an especially great opportunity to sell / take profits while you still can
since there's much worse to come! U.S. Economy Remains on Life Support Hansen ‘
- The Fed press
conference contained almost no new economic insights;
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Hedge
fund billionaire convicted of fraud Raj Rajaratnam was convicted on all 14
counts of fraud and conspiracy in the biggest insider-trading case in a
generation, handing the government a victory after it was pummeled for bringing
so few high-profile prosecutions out of the financial crisis. (Washington Post)
[
Raj Rajaratnam Found Guilty On All Counts [ I share the following sentiments from Wall St Cheat Sheet: ‘…2) Insiders are finally getting busted.
Although the media loves the
Raj Rajaratnam trial and his guilty on all 14 counts, who really gives a
s*** compared with what large banks, investment banks, and mortgage companies
did to the US economy. So long as the Dick Fulds of the world are sipping
champagne in Capri, Italy, these insider trading cases are basically
sideshows…’ ] SEC
urged to ease fundraising rules
(Washington Post) [ REDUNDANT! I
mean come on! Any more ‘easing’ and we’d be in negative territory where they
actually reward you for breaking the rules which is currently the reality in
pervasively corrupt, defacto bankrupt, meaningfully lawless america. Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
People
must realize that though having but 5% of the
world’s population, america can boast 76% of the world’s serial killers and the
highest crime rates in the world by far.
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 ). That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
AIG
to sell Treasury shares The government soon will begin unloading its 92.1
percent ownership stake in the bailout company. (Washington
Post) [ Who’s the unlucky sucker? Ultimately, a pension fund or two or three,
etc., or maybe you or an equally unlucky member of your family. Stock
market on a roll despite slowing economic growth, lingering
unemployment[Also known as reality! Roll … yes, indeed … everyone’s to get
rolled! ] (WP) Dow is up more than 10 percent for 2011, to its highest
point in nearly three years. [ Same bubble scenario preceeding last crash
(including currency manipulation); yet, far worse this time owing to
insurmountable debt and defacto bankruptcy of the nation.
Fed
Chairman Bernanke does reality TV
(WP) [ Except the ‘NO-RECESSION HELICOPTER BEN B.S. BERNANKE’ show is
scripted unreality … even with his reduction in estimate for ‘economic growth’,
the frauds on wall street still rallied.
Bernanke
prepares to make history (WP) [ He
already has! $6 gas acomin’, $1,508+ gold, $46+ silver, other commodities at
record levels, hyperinflation as predicted well on the way from over-printing
of fiat paper currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
25. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
26. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
27. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
28. The artificially suppressed interest rates...
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline’ ]
States
face shortfall for retirees]
Fed
official calls for vigilance (WP)
[ Who’s still buying their
b***s***! Much higher prices / inflation’s already here. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees (WP) (The frauds on wall street et als should
be criminally prosecuted, jailed, fined, and disgorgement imposed), and have
used the mideast turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Bernanke
prepares to make history (WP) [ He already has! $6 gas acomin’..
hyperinflation as predicted well on the way from over-printing of fiat paper
currency by fed as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
29. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
NATO
and Afghan raid mistakenly kills young girl, policeman in east Afghanistan http://www.washingtonpost.com/world/nato-and-afghan-raid-mistakenly-kills-young-girl-policeman-in-east-afghanistan/2011/05/12/AF3nKYwG_story.html (Washington Post) [ Yeah! There you go …
that new strategy / plan already paying dividends and winning hearts and minds
… A
push for new Afghan strategy (WP) [
Riiiiight! That umpteenth new strategy / progress thing … pervasively corrupt,
defacto bankrupt america can really afford it … Clinton
predicts violent spring in Afghanistan
(WP) Secretary Clinton on Thursday warned NATO
allies not to abandon Afghanistan and predicted a violent spring. [ Well, there
you go … something to look forward to … sounds like a plan … you know, that
progress thing so touted by gates / petraeus … remind us that these people,
particularly innocent civilians, died for no good reason at all. .. america's
defacto bankruptcy. 'Alas, poor america
… a nation of infinite jest, and unexcellent fancy … and pervasive criminality'
…IED
casualties in Afghanistan spike
(WP) [ Yeah!
That progress thing’s a b**ch! What do
you expect them 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. Drudgereport: Congresswoman calls
Afghanistan 'national embarrassment'...
'Epic failure'... Woolsey (D-CA) says Afghanistan
war a disaster. "This war represents an epic failure, a national
embarrassment and a moral blight," Rep. Woolsey said. [Though broke,
they’re still voting for more war across the board.. this war is a
blowback-creating, self-perpetuating, self-destructive, self-defeating,
colossally expensive debacle benefiting war profiteers / lobbies and frauds
while diverting attention from the more ’mundane’ tasks of governance. War on Terror is a Reichstag Fire False Flag Operation Sartre | If you really want justice
for the 911 murders, you must face reality and look within your own government
for the true terrorists.
Why Does the Terrorist Kingpin Look Better Than He Did in
2001? Washington’s Blog
Bin Laden Hoax….The Rest Of The Story Cartalucci
.. examination of mainstream media’s headlines and interviews with the CIA
director himself calls into question the official narrative.
Hoax: White House Claims 4-Year-Old Bin Laden Video Is New
Footage
Then,
of course, there’s also: that ‘pearl harbor event’ so sought by the neo-cons /
war mongers still defies explanation (ie., the ‘stand-down order’, symmetrical
implosions, foreknowledge by some {who conveniently ‘missed the party’ that
day}, etc.. Some links, echoing the unbelief akin to the ‘Jessica Lynch’,
Tillman, etc., affairs follow. People
must realize that though having but 5% of the
world’s population, america can boast 76% of the world’s serial killers, and
the highest crime rates in the world by far.
]
Raj Rajaratnam Found Guilty On All Counts [ I share the following sentiments from Wall St Cheat Sheet: ‘…2) Insiders are finally getting busted.
Although the media loves the
Raj Rajaratnam trial and his guilty on all 14 counts, who really gives a
s*** compared with what large banks, investment banks, and mortgage companies
did to the US economy. So long as the Dick Fulds of the world are sipping
champagne in Capri, Italy, these insider trading cases are basically sideshows…’
] SEC
urged to ease fundraising rules
(Washington Post) [ REDUNDANT! I
mean come on! Any more ‘easing’ and we’d be in negative territory where they
actually reward you for breaking the rules which is currently the reality in
pervasively corrupt, defacto bankrupt, meaningfully lawless america. Roche 'The worst
part of it ...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 ). 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown.
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
People
must realize that though having but 5% of the
world’s population, america can boast 76% of the world’s serial killers and the
highest crime rates in the world by far. 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 ). That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
Minyanville's T3 Daily Recap: Market Drops, Commodities Plummet
After Unconvincing Bounce ‘The market erased gains from the two-day
bounce to start the week, before bouncing slightly into the close. Despite
indices tracking higher Monday and Tuesday, there were signs that the market was still not healthy after
extremely bearish action last week. Today's sell-off confirms those suspicions,
and tomorrow's open will be very interesting. The next big levels to watch to the
downside in the S&P
are the 21-day moving average (which held today), last week's
pivot low at 1329.17, and then the 50-day currently at 1322.26. Commodities got
hit hard once again after a brief oversold bounce as the dollar regained
strength and broke last week's pivot high. Silver dropped like a rock, finishing
the day down 8.3%. Crude prices also fell precipitously, with the United States Oil Fund LP (USO) falling
4.2%. The dollar has been strong by default as the Euro has plummeted on downgrades of and
fears about Greece, while surprisingly dovish comments from ECB Chairmain
Jean-Claude Trichet also weighed.’
Fed
official calls for vigilance Action may be taken against even the
possibility of a surge of higher prices, Jeffrey M. Lacker says. (Washington
Post) [ Who’s still buying their
b***s***! Much higher prices / inflation’s already here. They conveniently have
said they’re using an ‘inflating strategy’ for asset prices, also known as
inflation. Why? Because high inflation is here! 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline’ ] States
face shortfall for retirees Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war
Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Bernanke
prepares to make history (WP) [ He already has! $6 gas acomin’, $1,508+
gold, $46+ silver, other commodities at record levels, hyperinflation as
predicted well on the way from over-printing of fiat paper currency by fed as
predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
30. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009, corporate subsidies, etc.
Who
shot bin Laden? Former SEALs fill in the blanks (Washington Post) [ Well, here I am on the same page as a
former navy seal: Jesse
Ventura Questions Obama’s Narrative Of Bin Laden Raid Former Navy SEAL and
Governor of Minnesota Jesse Ventura has questioned Barack Obama’s official
narrative regarding the raid on Osama Bin Laden, telling the Alex Jones Show of
his suspicions that Osama died years ago, and expressing disbelief that the man
seen flicking between TV channels in the video released by the White House
Saturday was actually Bin Laden. [Who
is foolish enough to believe anything they say; particularly their scripted,
ever-changing, evolving, self-serving accounts belied only by truth / reality
as told by those with true courage and integrity; as, for example Jessica
Lynch, etc. White
House Press Secretary “Floundering Under Pressure” Of Flip-Flopping Bin Laden
Fable Staged:
White House “Situation Room” Photos Part Of Bin Laden Fable .. No
resistance in “cold-blooded” U.S. raid: Pakistan officials US Government Contractor Claims “Al-Qaeda” Has Confirmed
Bin Laden Fairytale Watson The
Cost of Bin Laden: $3 Trillion Over 15 Years What do we have to show for
that tab? Two wars that continue to occupy 150,000 troops and tie up a quarter
of our defense budget; a bloated homeland-security apparatus that has at times
pushed the bounds of civil liberty. Bin Had The
Growing Coverup: Osama and “The Big Lie” The Obama administration and the
corporate media are concocting an ever-more elaborate and spectacular theater
around the “heroic” murder of the CIA intelligence myth/CIA asset Osama bin
Laden. Red Alert: Government Had Osama bin Laden Frozen for Years Nimmo / Jones | Videos [ I personally
believe Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc..
His ‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at best yield but a pyrrhic
victory. Moreover, the same comes at a
time of systemic failure for pervasively corrupt, defacto bankrupt
america While the ‘announcement’ plays well for the nonce, to the dumb,
uninformed back home, the same will
galvanize resistance in the name of their now martyr, Osama Bin Laden.]
A
push for new Afghan strategy The
administration needs to clarify its Afghan mission and exit plan, some leading
lawmakers say. (Washington Post) [ Riiiiight! That umpteenth new
strategy / progress thing … pervasively corrupt, defacto bankrupt america can
really afford it … Clinton
predicts violent spring in Afghanistan
(Washington
Post) Secretary of State
Hillary Clinton on Thursday warned NATO allies not to abandon Afghanistan and
predicted a violent spring in the war there. [ Well, there you go … something
to look forward to … sounds like a plan … you know, that progress thing so
touted by gates / petraeus … remind us that these people, particularly innocent
civilians, died for no good reason at all. .. america's defacto
bankruptcy. 'Alas, poor america … a
nation of infinite jest, and unexcellent fancy … and pervasive criminality' …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. 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. [Though broke, they’re still voting for more war across the
board.. this war is a blowback-creating, self-perpetuating, self-destructive,
self-defeating, colossally expensive debacle benefiting war profiteers /
lobbies and frauds while diverting attention from the more ’mundane’ tasks of
governance. War on Terror is a Reichstag Fire False Flag Operation Sartre | If you really want justice
for the 911 murders, you must face reality and look within your own government
for the true terrorists.
Why Does the Terrorist Kingpin Look Better Than He Did in
2001? Washington’s Blog
Bin Laden Hoax….The Rest Of The Story Cartalucci
.. examination of mainstream media’s headlines and interviews with the CIA
director himself calls into question the official narrative.
Hoax: White House Claims 4-Year-Old Bin Laden Video Is New
Footage
Then,
of course, there’s also: that ‘pearl harbor event’ so sought by the neo-cons /
war mongers still defies explanation (ie., the ‘stand-down order’, symmetrical
implosions, foreknowledge by some {who conveniently ‘missed the party’ that
day}, etc.. Some links, echoing the unbelief akin to the ‘Jessica Lynch’,
Tillman, etc., affairs follow. People
must realize that though having but 5% of the
world’s population, america can boast 76% of the world’s serial killers, and
the highest crime rates in the world by far.
]
The
States Strike Back Paul Joseph
Watson | Rise of the Republic: Rhodes, Boldin and Smith.
Special Operations Elite and the Osama Death Op Kurt Nimmo | New Pentagon fusion center runs Delta
hunter-killer teams.
Federal Spychips To Hijack Your Phone Paul Joseph Watson | The Obama administration is
engaged in a totalitarian takeover of all communications.
18 Facts Prove Illegal Immigration Is Absolute Nightmare
For U.S. Economy The Economic
Collapse | The government has absolutely refused to secure the U.S.
border with Mexico for decades.
China: The New Bin Laden Hillary
Clinton, the low-grade moron who is US Secretary of State, is busy at work
making China the new enemy of Oceania.
An
Empire of Evil Fantasies: The Hollywoodification of Washington The American
people are prisoners of state terror and victims of totalitarian propaganda.
The American mind has been under a government and media siege ever since
September 11, 2001 when the Bush administration committed the deadliest
terrorist attack against America in U.S. history.
The
Assasination of Osama bin Laden: Glaring Anomalies in the Official Narrative For
those who believe in omens, the triumphal announcement of the murder of Osama
bin Laden, his son and various of his household (if it were he) by US., special
forces, did not bode well.
Americans
Are The Most Gullible People On The Planet Here’s a reminder that the vast
majority of Americans are amongst the most gullible people on the planet.
President Obama’s ability to pose as a “tough guy” over the contrived fable of
the Bin Laden raid, allied with a return to simple-minded Bush-style terror
fearmongering and helpful media spin on the economy, has enabled him to secure
a massive 13 point bounce in approval ratings.
Ron
Paul To Decide On 2012 Run “Within The Week” Texas Congressman Ron Paul
says he will make a decision on whether to launch a 2012 presidential bid
within the next seven days.
Special
Operations Elite and the Osama Death Op Obama’s raid inside Pakistan that
reportedly killed Osama bin Laden and members of his family was conducted by
the Joint Special Operations Command (JSOC) who dispatched special operations
elite hunter-killer commandos. It was likely run out of a new JSOC fusion
center staffed by elite military and selected members of the government.
Boehner
seeks more than $2 trillion in cuts (Washington Post) [ I’m sure I’m not alone in thinking
‘Riiiiight! … that’ll happen … and all
without cuts to endless war spending … while the situation’s more than that
dire, the advice is … don’t hold your breath!
Milbank:
The GOP’s juvenile debate (Washington Post) [ Mr. Milbank has
lamentably become the rush limbaugh / sean hannity of the newspaper world,
though he barks and apologizes for dems (and wobama the b for b*** s***) only
(as they for the gop / bushies only). A
political minefield in Treasury plan
(Washington Post) [ What plan!
. Let
the budget battle begin Congress returns to a lengthy fight over the
nation’s solvency. (WP) [ Stated another way, the nation’s solvency is
over. .. america’s defacto bankrupt with no end in sight.. interest alone is
eating progressively into GDP beyond the subterfuge.. Gerson:
How serious are we about the deficit? (WP) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..And here
comes the first indicator that Q2 GDP is about to be mass revised by everyone,
courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed
collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since
November 2010… This is an
especially great opportunity to sell / take profits while you still can since
there's much worse to come!
U.S. Economy Remains on Life Support Hansen ‘
- The Federal Reserve press
conference contained almost no new economic insights; and,
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Editorial:
Bin Laden raid no vindication of torture (Washington
Post) [ While I don’t disagree with this Editorial, I do disagree with the
premise; viz., that they truly sought to prevent that ultimate ‘pearl harbor
event’, to ratchet up the war spending / military industrial complex welfare
plan with broad based enthusiasm / support. Even war-monger mccain supports
this which also finds support in international law, treaties, conventions.I can
only wonder what the presence of substantially underrated President General
Eisenhower would have meant, and truly believe this entire debacle and the
nation’s decline would have been avoided.
“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 (Ike) 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 military-industrial
complex – and it’s threat to our prosperity – 50 years ago. 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. ….. Indeed, 911 itself; that ‘pearl harbor
event’ so sought by the neo-cons / war mongers still defies explanation (ie.,
the ‘stand-down order’, symmetrical implosions, foreknowledge by some {who
conveniently ‘missed the party’ that day}, etc.. Some links, echoing the
disbelief akin to the ‘Jessica Lynch’, Tillman,
etc., affairs follow. People must realize that though
having but 5% of the world’s population, america can boast 76% of the world’s
serial killers and the highest crime rates in the world by far. That perverse
field of dreams I’ve previously alluded to, the american nightmare, if you
build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and, to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
More
talk on troubled borrowers fund
State attorneys general descend on Washington to negotiate aid for
troubled homeowners … More
bad economic news for Greece A year
into its rescue program, the country is behind schedule and may require more
help to stay solvent.
(Washington Post)
[ And don’t forget the troubled
states. Ask Meredith Whitney! She was right last time, and this time, like last
last time, she’s takin’ it on the chin from the permabull wall street frauds: Meredith
Whitney Sticks to Her Guns Today Roche ‘Talk about holding onto a losing
trade. At the Milken Conference yesterday, Meredith Whitney said there was
nothing controversial about her muni call, maintaining that she has more
conviction about the muni crisis call than anything in her entire career. Via
Bloomberg:
Whitney said on
the panel, “It’s not that big of a call..There’s nothing controversial about
that call, if you look at the numbers.”
“You can criticize
me for everything you want, I’m just numb to it because I have more conviction
on this than I’d had on any single thing in my career.”
On the same panel,
David Solomon, Goldman Sachs’ co-head of investment banking said, “I don’t
think we’re doomed. I think the resources available to us, and the changes that
will evolve as we come out of a very, very difficult economic period that we’ve
been stuck in over the past couple of years, will provide more flexibility than
I think Meredith believes.”
Whitney is certainly right that the states are
suffering fiscal woes; however, as we’ve seen in Europe, there are mechanisms
that can be utilized to combat these issues. While I still maintain that there
is a chance of local defaults, I think the United States will be proactive in
fending off a euro-style crisis.
And that means the US federal government will do what
it has always done. It will credit the bank accounts of the states in order to
ensure that any single municipality cannot cause widespread economic hardship
throughout the United States. This would be nothing new. The US has always
credited the bank accounts of the states that are part of this union.
If Europe was truly united, we would see the same
thing occurring in Europe; however, because it's not united, it instead chooses
austerity due to fears of inflation. The reality is that the ECB is not
creating inflation; it's merely stopping the potentially deflationary debacle
that would ensue with sovereign defaults.
I would hope that a truly
United States of America would
be a bit more caring of its own member states.’
Strange Week: Wall Street Takes a Dive Hansen
‘Strange week on Wall Street.
Weekly
unadjusted initial unemployment claims popped above the 2010 year-ago number.
http://static.seekingalpha.com/uploads/2011/5/8/saupload_z_unemployment2.png
China
chided over fiscal policies China
has bigger-than-forecast surplus (Washington Post) [ Arguing with success … that new axiom
for pervasively corrupt, defacto bankrupt america, supplanting that old cliché
that ‘you can’t argue with success’. Chided over fiscal policies as China
has bigger-than-forecast surplus … Is this some parallel universe that
pervasively corrupt, defacto bankrupt america operates in? If only China had
the benefit of my own experience in meaningfully lawless america, I’d say
they’d easily defend the onslaught of disingenuous rhetoric (and a bit late)
from pervasively corrupt, defacto bankrupt america. Indeed, 911 itself; that ‘pearl
harbor event’ so sought by the neo-cons / war mongers still defies explanation
(ie., the ‘stand-down order’, symmetrical implosions, foreknowledge by some
{who conveniently ‘missed the party’ that day}, etc.. Some links, echoing the
unbelief akin to the ‘Jessica Lynch’, Tillman,
etc., affairs follow. People must realize that though
having but 5% of the world’s population, america can boast 76% of the world’s
serial killers and the highest crime rates in the world by far. 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 ). That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism. ]
US
Postal Service reports $2.2B loss for quarter... [ And, let me add
that they deserved that loss. The USPS is totally unreliable and basically a
jobs program for the otherwise unemployable; and, they are also corrupt. I’ve
previously set forth the scenario where the postal service waylaid dvd disks
sent priority/confirmation and a second time, certified mail, to the FBI
(violations of federal law, tampering, obstruction, etc.), and ultimately
additional copies of said disks were delivered by the reliable, efficient, competitive,
performance-driven UPS (their parcel rates are roughly the same and yet half
the delivery time – Fedex is as unreliable as the USPS-and for some time had a
deal with the USPS). Amazon, Ebay, though a boon to the USPS, have consistently
failed to deliver in the realm of computers / peripherals. The following
includes a prior testimonial to the service, reliability of PRO Computer Center
( http://www.procomputercenter.com Pro Computer Center, 10837 Santa Monica Blvd., Los Angeles,
CA 90025 ) .
Pro Computer Center is among the few remaining stores of their kind. They are
performance / service / customer oriented like no other surviving computer
retailer / repairer / service providers I’ve experienced. They’ve also moved
into the realm of computer forensics / data recovery in the context of court
proceedings where they’ve successfully performed where others failed and at
substantially more reasonable rates than ‘the competition’. My most recent computer problems accounting
for some website / posting delays has been once again been resolved by them and
another Dell computer (the circumstances of the most recent debacle was a
barrage of Trojans caught by my antivirus, one after another, then shutting down
my antivirus, ultimately freezing (no boot) my computer (I previously alluded
to my reasonable suspicions as to who perpetrated same). My experiences with
such as Amazon, Ebay have been atrocious and borderline if not outright
fraudulent (the shoddy sellers), time consuming, and aggravating in the ‘claims
process’. Moreover, the other brick and mortar stores, even if reputable, have
a fine print which lays most of the warrantee/ guarantee on the manufacturer.
In sum, Pro Computer Center does not have any ‘real’ competition. They are
currently building me a backup computer that comports with my budget and their
survival as a company, though somewhat rare among computer retailers of their
type, is totally understandable and a testament to high quality performance and
service. (Prior testimonial:
Pro Computer Center
10837 Santa Monica Blvd.
Los Angeles, CA 90025
Gentlemen:
I just wanted to extend to you and your company my sincere thanks
for a job well done. The Dell computer I recently purchased from you has lived
up to all your representations and as well, my own expectations. I bought my
first computer from you (Ben) in or around 1999. It was a Sony Vaio laptop
which owing to Windows Millenium and a very proprietary approach to computing
on the part of Sony, truth be told, was not the greatest system in terms of
stability (typical Millenium problems), but no fault of yours. Ultimately,
though functional, I traded the Vaio for a Mac, an accommodation by your
company seldom seen with other companies if at all (3+ years later). You’ve
always stood by your products / service, are available / accessible to field /
handle all questions / problems which is rare indeed. In Armand you have a
top-notch A+ Certified Tech who is patient, knowledgeable, and talented. Ruben,
in truth has been particularly instrumental in seeing to a smooth transition in
my recent dealings with your company as a knowledgeable IT Specialist and
especially as a savvy, capable manager. Since 1999 I’ve purchased five
computers from you and based upon performance, the sixth is assured.
Sincerely,
Albert L. Peia ) ]
Trump University's Unhappy
Students [ trump university … don’t make me laugh! ] Among the many things
that Donald Trump has stamped with his brand is a little-known endeavor called
Trump University. In Trump’s true exaggerational style, the university
isn’t what it appears to be. It isn’t an accredited university at all, but a
for-profit entity that sells classes on how to invest in and make money from
real estate. Some of its students claim in a class-action lawsuit in federal
court that the thing Trump University does best is sell its own classes.
Marcus Baram
over at Huffington Post has a thoroughly
reported piece on Trump University on Friday. I have spent part of the past
week digging into some of the same issues that Baram did.
The case
against Trump University alleges that “The primary lesson Trump University
teaches its students is how to spend more money by buying more Trump Seminars.”
Students say they were encouraged to raise the credit limit on their credit
cards so they could spend up to $35,000 to take a Trump University multi-day
seminar.
The case is
not new –it was filed last year in U.S. District Court in San Diego –but the
judge may rule on it as soon as this month. The complaint in the suit says
attorneys general in six states have received “numerous complaints against
Trump University” and the Texas Attorney General began investigating in January
2010.
George Sorial,
assistant general counsel at the Trump Organization, denies the suit’s claims.
Sorial told me that 11,000 students have taken Trump University courses and
most have been happy. He sent me copies of customer satisfaction surveys that
rank the courses highly. He also sent a video interview with Tarla Makaeff, one
of the plaintiffs in the class action suit, taken in August 2008 in Los Angeles
after a Trump U seminar, in which she praises the program.
Makaeff, a
former fashion and handbag designer in San Diego, says via email that the
video interview of her was manipulative, and that before it was taken she had
already complained toTrump University about not making any money off her
$35,000 investment in a seminar. “They … knew I had to give a positive
response [in the video] and cooperate with them and a camera being shoved in my
face in order to get further support and services from them for my $35,000
investment which I had yet to make any money off in 1 year despite verbal
promises otherwise since day one,” Makaeff continues in an email.
The Trump
Organization has also countersued Makaeff for $1 million, alleging defamation.
A judge has denied Makaeff’s motion to dismiss the counterclaim. Call it the
case of the billionaire vs. the handbag designer.
The question
is what affect, if any, the lawsuits might have on billionaire Donald Trump, should he
decide to run for president. Oh, and there’s a lesson, too. Before you decide
to spend $35,000 on a Trump University seminar, remember what its lawyers say:
“Trump University cannot guarantee riches any more than Harvard University can
guarantee a Rhodes Scholarship or MIT can guarantee a Nobel Prize.”
Dionne:
Who is Obama? Now we know. (Washington Post) [ Oh really? Now you tell us
what you really know about this fraud and failed president. Barack Obama: The
Naked Emperor Shocking but true revelations from David Icke (a must read) | ‘…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... 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 .. - Goldman, UBS, Citi, Credit Suisse, Deutsche, J.P. Morgan
Chase, Morgan Stanley, etc. No wonder he went back on his pledge to accept the
limitations of public funding … Obama is just more of the same, a big smile
with strings attached, and controlled completely by those that chose him,
trained him, sold him and provided his record funding, kept his many skeletons
under wraps, like the gay sex and crack cocaine .. 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?), ... Obama is just another Banksters' moll
prostituting himself .., 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, …
Zionist Tim Geithner (Bilderberg Group, Trilateral Commission, Council on
Foreign Relations), was appointed Treasury Secretary, 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, Citi, Council on Foreign Relations, and economic advisor to Obama.
Rubin, ..Illuminati Bilderberg Group, the man behind Citi's debacle.. rescued
by taxpayers' money. The very people who caused the financial crisis ..
appointed by Obama .. 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
...’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
TRUMP
TO GIBBS: YOU'RE 'A LOSER' [‘Another trumped-up case of the pot calling the
kettle black’]... TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically,
Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir melodramatic
fashion which proved too much for the more balanced and ‘chosen / favored’
elder brother trump who committed suicide. The old man also required trump to
go to prep / military / boarding school where according to a classmate, Ted
Levine, trump used to wet / pee in his bed.
) vegetable garden in the same manner as dumbya bush … mobster trump and
people like trump are part of the problem (total b*** s***, fraud, etc., as in
his home turf, mob-infested sinkholes, jersey / new york), not the solution.
Indeed, trump is an interesting mental case in that he evolved from narcissist
(those inflated grandiose moods coupled with feelings of inferiority – he loved
to obsessively read those hitler speeches for inspiration and to pump himself
up according to Ivana Trump) to severe case of antisocial personality disorder
[ predatory disregard for and violation of the rights of others – hence, those
sophomoric soundbite solutions to complex problems as, ie., taking oil
fields(Libya), 25% tariff on Chinese (actually including american goods made in
China), drug money laundering in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in decline as pervasively corrupt,
defacto bankrupt america, trump and sister Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden
daughter trashes Trump...
Bill Cosby slams: 'He's
full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC
where t_rump has his Jerry Springer
derivative shock-jock show and sinkhole new york's fraud street journal … poll?
… Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider
firing Donald Trump Daily
Caller ... 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 (ie., new york, jersey, etc.) 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 ]
He also with his corrupt mob ilk 'chased' Steve Wynn out of jersey – Steve Wynn's
doing extremely well in Macau and Vegas.) "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.” ]
Drudgereport:
US
Postal Service reports $2.2B loss for quarter...
MICHELLE:
KEEPS ON DANCING!
First
Lady to host rapper who talks of killing cops...
USA
FREAK OUT: TERROR FEARS; FALSE ALARMS...
Sen.
Schumer Calls For Amtrak 'Do Not Ride' List...
Two
tunnel 'breaches' cause scare in NYC...
Threats
Divert Planes in Three Separate Incidents...
Passengers,
flight crew subdue man banging on cockpit door...
Dallas
Train Station Evacuated: Man Asked For Help Carrying Packages...
4
Arrested For Videotaping TSA Line At Denver...
SHOCK PHOTO: TSA LOOKING FOR
'POOP BOMBS?'
U.S.-Pak.
Rift Widens...
Pak.
warns of 'full force' response to future US raids...
S&P
cuts Greece's rating...
BOEHNER
TO DEMAND NOT BILLIONS, BUT TRILLIONS
IN CUTS...
OIL
REBOUNDS; 2ND LARGEST GAIN ON RECORD...
REPORT:
Housing crash getting worse...
...values
fall fastest rate since '08
Michelle
Obama to host rapper at WH who talks of killing cops...
'COMMAND
CENTER'...
Pakistan
skeptical of U.S. claim bin Laden directed network...
Two loud explosions heard in town where bin Laden killed...
Videos
show 9-11 mastermind watching himself on TV...
U.S.
government censors tapes, cuts audio...
Inside
bin Laden's squalid home...
NYT:
Final days of domesticity...
Drone
Strike Kills 15 in Pakistan...
First
since bin Laden raid...
BIN
LADEN SUPPORTERS RAGE ON THE STREETS OF LONDON, VOW REVENGE...
Stage
mock funeral in front of US embassy...
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
JAPAN
URGES HALT AT THREE REACTORS...
UNEMPLOYMENT
BACK UP TO 9.0%...
Fannie
Mae Reports $8.7B Loss for First Quarter...
Seeks
$8.5B more from taxpayers...
APRIL
JOBS: +244,000...
FUZZY
MATH: How can US add
jobs but the unemployment rate go up?
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
Silver
Plunge Spreads...
OIL
GUTTED...
Price
Slide Temporary, New Highs Likely: Goldman...
Fears
linger of a new 'flash crash'...
Euro
Tumbles...
CNN
SHOCK POLL: RON PAUL HAS BEST CHANCE VS OBAMA
National
Home Prices Double Dip...
JOBLESS
CLAIMS RISE TO 8 MONTH HIGH...
Fears
linger of a new 'flash crash'...
9-11
FAMILY: 'SHOW US PROOF BIN LADEN KILLED'...
Victim's
father: Obama 'putting too much spotlight on himself'...
Channels
Bush at Ground Zero: 'We will never forget'...
Tells
teen survivor he knows
Justin Bieber...
Turns
Back on 9/11 Family Member...
AUDIO...
Muslim
Brotherhood urges review of Israel ties...
Pakistanis
burn U.S. flags; backlash over death grows...
Pakistan
officials: No resistance in 'cold-blooded' U.S. raid...
Warns
America not to stage any more...
Threatens
'disastrous consequences'...
Muslims
already name dump location 'Martyr's Sea'...
OBAMA,
NO PHOTOS OF OSAMA: 'We don't need to spike the football'...
'Conspiracy theorists will just claim doctored'...
Sen.
Scott Brown: 'I've seen picture, he's definitely dead'...
UPDATE:
Photo proving bin Laden's death to Sen. Brown was
faked...
three
senators fell for fakes...
UPDATE:
'The photo I saw and that a lot of other people saw is not authentic'...
Top
Dem: No photo needed, 'there's absolute proof'...
REUTERS RELEASES 'DEATH SCENE' PHOTOS
**WARNING GRAPHIC**
UPDATE: Photo proving bin Laden's death to Sen. Brown was faked...
Possibly
three senators fell for fakes...
Pakistan:
'Not a single bullet fired from compound'...
WIRE:
Photos from 1 hour after raid show 3 dead, no weapons...
The
Slippery Story of the bin Laden Kill...
Official says 'killed apparently
by the U.S. raid team'...
DOLLAR
HITS 3 YEAR LOW...
1
IN 7 ON FOOD STAMPS!
Job
numbers disappoint...
Treasury
suggests $2 trillion debt cap raise...
Boehner
seeks more than $2 trillion in cuts (Washington Post) [ I’m sure I’m not alone in thinking
‘Riiiiight! … that’ll happen … and all
without cuts to endless war spending … while the situation’s more than that
dire, the advice is … don’t hold your breath!
Milbank:
The GOP’s juvenile debate (Washington Post) [ Mr. Milbank has lamentably
become the rush limbaugh / sean hannity of the newspaper world, though he barks
and apologizes for dems (and wobama the b for b*** s***) only (as they for the
gop / bushies only). A
political minefield in Treasury plan
(Washington Post) [ What plan!
. Let
the budget battle begin Congress returns to a lengthy fight over the
nation’s solvency. (WP) [ Stated another way, the nation’s solvency is
over. .. america’s defacto bankrupt with no end in sight.. interest alone is
eating progressively into GDP beyond the subterfuge.. Gerson:
How serious are we about the deficit? (WP) [ Not much! I mean come on! 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! ‘ … Suckers’ rally to keep
suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..And here
comes the first indicator that Q2 GDP is about to be mass revised by everyone,
courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed
collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since
November 2010… This is an
especially great opportunity to sell / take profits while you still can since
there's much worse to come!
U.S. Economy Remains on Life Support Hansen ‘
- The Federal Reserve press
conference contained almost no new economic insights; and,
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Editorial:
Bin Laden raid no vindication of torture (Washington
Post) [ While I don’t disagree with this Editorial, I do disagree with the
premise; viz., that they truly sought to prevent that ultimate ‘pearl harbor
event’, to ratchet up the war spending / military industrial complex welfare
plan with broad based enthusiasm / support. Even war-monger mccain supports
this which also finds support in international law, treaties, conventions.I can
only wonder what the presence of substantially underrated President General
Eisenhower would have meant, and truly believe this entire debacle and the
nation’s decline would have been avoided.
“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 (Ike) 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 military-industrial
complex – and it’s threat to our prosperity – 50 years ago. 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. . Indeed, 911 itself; that ‘pearl harbor
event’ so sought by the neo-cons / war mongerers still defies explanation (ie.,
the ‘stand-down order’, symmetrical implosions, foreknowledge by some {who
conveniently ‘missed the party’ that day}, etc.. Some links, echoing the
unbelief akin to the ‘Jessica Lynch’, Tillman,
etc., affairs follow. People must realize that though
having but 5% of the world’s population, america can boast 76% of the world’s
serial killers and the highest crime rates in the world by far. That perverse
field of dreams I’ve previously alluded to, the american nightmare, if you
build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism.
Tea
party vs. the RINOs Activists and lawmakers are split on what’s next. (Washington Post) [ Ah, yes! Those activists … those
musket-bearing tea partyers … riiiiight, gotcha. What Mr. Milbank conveniently
omits (too obvious, maybe?) is that the Tea Party is particularly adversarial
to the DINs (democrat in name). Truth be told, I really don’t follow the Tea
Party; but, it’s also true I don’t follow the democrats or republicans either.
After all, I don’t consider myself a lemming, propelled to the precipice so to
speak; and, moreover, posit an inevitable futility in light of past (and
future) events. If only they had listened … made love, not war! Well, like the
scorpion, it’s in their nature (I’m sure you remember that fable). Speaking of
fables, they’re getting downright primetime:
The Osama Deception Corbett Report | James Corbett breaks
down the Osama raid hoax and the “home video” footage.
Poll Reveals Most Mistrust Bin Laden Assassination Story Kurt Nimmo | Only 10 percent believe
the official fairy tale.
Internal Passport: Terror Alert Overload Leads To Call
For “No Ride List” Watson | Resurrection of Osama
sees Israeli-style security coming to the streets of America.
10 Facts That Prove The Bin Laden Fable Is a Contrived Hoax Paul Watson | Every indication
clearly points to last Sunday’s raid being a manufactured ploy to return
Americans to a state of post-9/11 intellectual castration.
War on Terror is a Reichstag Fire False Flag Operation Sartre | If you really want justice
for the 911 murders, you must face reality and look within your own government
for the true terrorists.
Why Does the Terrorist Kingpin Look Better Than He Did in
2001? Washington’s Blog
| In the newly-release videos, Bin Laden looks better than he did years ago.
Bin Laden Hoax….The Rest Of The Story Tony Cartalucci | Even a superficial
examination of mainstream media’s headlines and interviews with the CIA
director himself calls into question the official narrative.
Hoax: White House Claims 4-Year-Old Bin Laden Video Is New
Footage Paul Joseph Watson
| Dubious Bin Laden “Home Movies” Identical To Tapes Released 4 Years Ago By
Pentagon Front Group
Then, of course, there’s
also: that ‘pearl harbor event’ so sought by the neo-cons / war mongers still
defies explanation (ie., the ‘stand-down order’, symmetrical implosions,
foreknowledge by some {who conveniently ‘missed the party’ that day}, etc..
Some links, echoing the unbelief akin to the ‘Jessica Lynch’, Tillman, etc., affairs follow. People must realize
that though having but 5% of the world’s
population, america can boast 76% of the world’s serial killers, and the
highest crime rates in the world by far.
]
More
talk on troubled borrowers fund
State attorneys general descend on Washington to negotiate aid for
troubled homeowners … More
bad economic news for Greece A year
into its rescue program, the country is behind schedule and may require more help
to stay solvent.
(Washington Post)
[ And don’t forget the troubled
states. Ask Meredith Whitney! She was right last time, and this time, like last
last time, she’s takin’ it on the chin from the permabull wall street frauds: Meredith
Whitney Sticks to Her Guns Today Roche ‘Talk about holding onto a losing
trade. At the Milken Conference yesterday, Meredith Whitney said there was
nothing controversial about her muni call, maintaining that she has more
conviction about the muni crisis call than anything in her entire career. Via
Bloomberg:
Whitney said on
the panel, “It’s not that big of a call..There’s nothing controversial about
that call, if you look at the numbers.”
“You can criticize
me for everything you want, I’m just numb to it because I have more conviction
on this than I’d had on any single thing in my career.”
On the same panel,
David Solomon, Goldman Sachs’ co-head of investment banking said, “I don’t think
we’re doomed. I think the resources available to us, and the changes that will
evolve as we come out of a very, very difficult economic period that we’ve been
stuck in over the past couple of years, will provide more flexibility than I
think Meredith believes.”
Whitney is certainly right that the states are
suffering fiscal woes; however, as we’ve seen in Europe, there are mechanisms
that can be utilized to combat these issues. While I still maintain that there
is a chance of local defaults, I think the United States will be proactive in
fending off a euro-style crisis.
And that means the US federal government will do what
it has always done. It will credit the bank accounts of the states in order to
ensure that any single municipality cannot cause widespread economic hardship
throughout the United States. This would be nothing new. The US has always
credited the bank accounts of the states that are part of this union.
If Europe was truly united, we would see the same
thing occurring in Europe; however, because it's not united, it instead chooses
austerity due to fears of inflation. The reality is that the ECB is not
creating inflation; it's merely stopping the potentially deflationary debacle
that would ensue with sovereign defaults.
I would hope that a truly
United States of America would
be a bit more caring of its own member states.’
Strange Week: Wall Street Takes a Dive Hansen
‘Strange week on Wall Street.
Weekly
unadjusted initial unemployment claims popped above the 2010 year-ago number.
http://static.seekingalpha.com/uploads/2011/5/8/saupload_z_unemployment2.png
China
chided over fiscal policies China
has bigger-than-forecast surplus (Washington Post) [ Arguing with success … that new axiom
for pervasively corrupt, defacto bankrupt america, supplanting that old cliché
that ‘you can’t argue with success’. Chided over fiscal policies as China
has bigger-than-forecast surplus … Is this some parallel universe that
pervasively corrupt, defacto bankrupt america operates in? If only China had
the benefit of my own experience in meaningfully lawless america, I’d say
they’d easily defend the onslaught of disingenuous rhetoric (and a bit late)
from pervasively corrupt, defacto bankrupt america. Indeed, 911 itself; that ‘pearl
harbor event’ so sought by the neo-cons / war mongerers still defies
explanation (ie., the ‘stand-down order’, symmetrical implosions, foreknowledge
by some {who conveniently ‘missed the party’ that day}, etc.. Some links,
echoing the unbelief akin to the ‘Jessica Lynch’, Tillman, etc., affairs follow. People must realize
that though having but 5% of the world’s
population, america can boast 76% of the world’s serial killers and the highest
crime rates in the world by far. 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 ), That
perverse field of dreams I’ve previously alluded to, the american nightmare, if
you build / contrive war, they will come. And, they do; seals of them (among
others); and when their ‘tours’ are done, it’s murder inc./contract killing for
hire that they’ve won (cia, mob, etc.). The 20th century, the ‘bloodiest
century’, not coincidentally referred to as the american century, brings
longings of nostalgia to american criminals who, like Pavlov’s dogs salivate at the prospect of killing, raping, pillaging, and plundering
which primitive mindset they have mistakenly been conditioned to connect to
their now irretrievably lost success as a nation state; and to the contrary,
has become globally and domestically self-destructive / self-defeating. The
entire 911 / Bin Laden scenario just doesn’t pass the smell test and reeks of
political desperation and Orwellian opportunism. ]
Milbank:
The GOP’s juvenile debate (Washington Post) [ Mr. Milbank has
lamentably become the rush limbaugh / sean hannity of the newspaper world,
though he barks and apologizes for dems (and wobama the b for b*** s***) only
(as limbaugh / hannity for the gop / bushies only). A
political minefield in Treasury plan
(Washington Post) Questions
about deficit and growth complicate Treasury’s plan to overhaul corporate
taxes. [ What plan! . Let
the budget battle begin After two weeks of tumultuous meetings with
constituents, Congress returns to a lengthy fight over the nation’s solvency.
(WP) [
Or more aptly put, stated another way, the nation’s solvency is over. ..
america’s defacto bankrupt with no end in sight.. interest alone is eating
progressively into GDP beyond the subterfuge.. Gerson:
How serious are we about the deficit? (WP) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..And here
comes the first indicator that Q2 GDP is about to be mass revised by everyone,
courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed
collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since
November 2010… This is an
especially great opportunity to sell / take profits while you still can since
there's much worse to come!
U.S. Economy Remains on Life Support Hansen ‘
- The Federal Reserve press
conference by Chairman Bernanke which contained almost no new economic
insights; and,
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Pledge
not squaring with reality Obama’s
vow to boost middle-class economic security at odds with corporate profits,
unemployment. (Washington Post) [CEOs’
pay: It’s as if the Great Recession never happened (Washington Post) The typical big-business CEO made $9 million
last year, exceeding pre-recession level. [ And ‘worth every penny’? Not likely
in pervasively corrupt, defacto bankrupt america, leaders no more except in
fraud, crime, manipulation, subterfuge. Imagine the comparisons to their
foreign counterparts where value still has meaning. As if ‘never happened? How
‘bout not over, and worse to come! UBS
bank admits rigging bids (WP) Swiss
bank reaped millions of dollars of illegal profits by rigging municipal bond
transactions in 36 states, government said. [ The key here is ‘Swiss’ and
‘millions of dollars of illegal profits’ when the american banks / wall street
frauds’ generated hundreds of billions in illegal profits, which frauds
continue to this day by way of slightly subdued high-frequency trading /
commission-generated scams along with cover-up and cash-out from the last,
still unprosecuted fraud in the trillions for which disgorgement, fines is long
overdue. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009 Study:
Affordable rentals scarce (WP) Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
]
Meredith
Whitney Sticks to Her Guns Today Roche ‘Talk about holding onto a losing
trade. At the Milken Conference yesterday, Meredith Whitney said there was
nothing controversial about her muni call, maintaining that she has more
conviction about the muni crisis call than anything in her entire career. Via
Bloomberg:
Whitney said on
the panel, “It’s not that big of a call..There’s nothing controversial about
that call, if you look at the numbers.”
“You can criticize
me for everything you want, I’m just numb to it because I have more conviction
on this than I’d had on any single thing in my career.”
On the same panel,
David Solomon, Goldman Sachs’ co-head of investment banking said, “I don’t
think we’re doomed. I think the resources available to us, and the changes that
will evolve as we come out of a very, very difficult economic period that we’ve
been stuck in over the past couple of years, will provide more flexibility than
I think Meredith believes.”
Whitney is certainly right that the states are
suffering fiscal woes; however, as we’ve seen in Europe, there are mechanisms
that can be utilized to combat these issues. While I still maintain that there
is a chance of local defaults, I think the United States will be proactive in
fending off a euro-style crisis.
And that means the US federal government will do what
it has always done. It will credit the bank accounts of the states in order to
ensure that any single municipality cannot cause widespread economic hardship
throughout the United States. This would be nothing new. The US has always
credited the bank accounts of the states that are part of this union.
If Europe was truly united, we would see the same
thing occurring in Europe; however, because it's not united, it instead chooses
austerity due to fears of inflation. The reality is that the ECB is not
creating inflation; it's merely stopping the potentially deflationary debacle
that would ensue with sovereign defaults.
I would hope that a truly United States of America would be a bit more caring of its
own member states.’
Don't
Be Fooled By The Jobs Report Harding
‘This was a week that confirmed that the economic recovery has stalled.
We knew from
the previous week that economic growth (GDP) slowed to just 1.8% in the March
quarter from 3.1% in the December quarter. This week it was reported that
the ISM Non-Mfg Index, which tracks the service sector of the economy, plunged
to 52.8 in April from 57.3 in March (versus the consensus estimate of
economists that it would improve to 57.8).
It was a
shocking report since the ISM Non-Manufacturing Index covers just about every
business sector– everything from education, healthcare, finance, insurance and
retail, to technology services, transportation, and mining, accounting for more
than 80% of U.S. employment. At the same time it was reported that the ISM New
Orders Index also plunged substantially, from 64.1 in March to 52.7 in April,
not encouraging for service sector business activity for the next few months.
Commodity
markets, already worried about what slowing global economies would do to demand
for materials and supplies, reacted with further substantial declines. By the
close on Thursday, the price of crude oil had collapsed from its high of
$114.80 a barrel a week ago, to $99.75. The S&P GSCI Index of 24 raw
materials fell 11.5% in just five days.
Fortunately,
the stock market’s reaction to the further evidence that the economic recovery
is in trouble was more muted. By the close on Thursday, the S&P 500 was
down only 1.8% for the week.
And
thankfully, on Friday morning the Labor Department released its monthly jobs
report, which showed that 244,000 new jobs were created in April, 60,000 more
than had been forecast, and the stock market surged up in reaction, with the
Dow up 150 points within minutes of the market’s open.
Indeed the
jobs report was good news, even though it was also reported that the
unemployment rate rose to 9.0% from its previous level of 8.8%. But did the
better than expected jobs report cancel out the even more surprising plunge in
the ISM service sector index in April, reported the previous day?
I don’t think
so. Even within the employment report the numbers show that 13.7 million people
remained unemployed in April, still almost double the number just before the
last recession began in December, 2007. Including part-time workers who
have not been able to find full-time jobs, and those who have given up looking
for a job, the “underemployed” rate rose to 15.9% in April. That seems to more
closely resemble what the ISM Index said about the economy slowing further in
April.
And here’s the
thing about the Labor Department’s monthly jobs report. As my subscribers know,
I have always called it ‘The Big One’
as far as economic reports go. That’s because it’s so difficult for economists
to forecast that it comes in with a big surprise in one direction or the other
more often than any other series of reports. And that surprise results in a one
or two day triple-digit move by the Dow in one direction or the other more
often than any other report.
But the rest
of that pattern is that the move is then most often reversed over the following
two or three days, and the market returns to whatever its focus was before the
report.
In this
instance, with the 1st quarter earnings reporting season pretty much
over, that is liable to be a refocus on the slowing economic recovery that had
it troubled prior to the jobs report.
Meanwhile, the
collapse in commodity prices was another example of what happens when markets
become overbought, and investor sentiment reaches extremes of bullishness, as
was the case with commodities. The consensus opinion a week ago was that they
could only move higher. $2,000 gold, $75 silver, $150 a barrel oil seemed
assured. But when a surprise hits and investors head in a rush for the exit
they discover they can’t all get through the door at once. Since most everyone
interested in commodities was already invested there was no one willing to buy
what they wanted to sell except at much lower prices.
Perhaps a
cautionary tale for the stock market as it enters its unfavorable season with
investors so bullish and anxious to jump in on any dip?’
Three-Theme Monty: Economic Conditions, Commodity Rally / Rout,
Euro Crisis
A Rough Week for World Markets Short ‘This past week was a downer across major
world markets. The Nikkei 225 is the one index showing a fractional gain, but
it was closed three of the last six market days. The DAX was down fractionally,
but the other markets finished deeper in the red. The table below shows the
three-week trend of the seven markets I've been tracking in this series.
[
chart http://static.seekingalpha.com/uploads/2011/5/9/saupload_world_indexes_weekly_comp_110506_table.png ]
The chart
below illustrates the comparative performance of World Markets since March 9,
2009. The start date is arbitrary: The S&P 500 and BSE SENSEX hit their
lows on March 9th, the Nikkei 225 on March 10th, the DAX on March 6th, the FTSE
on March 3rd, the Shanghai Composite on November 4, 2008, and the Hang Seng
even earlier on October 27, 2008. However, by aligning on the same day and
measuring the percent change, we get a better sense of the relative performance
than if we align the lows.
[
chart Click
for a larger image ]
A Longer Look
Back
Here is the
same chart starting from the turn of 21st century. The relative
over-performance of the emerging markets (Shanghai, Mumbai, Hang Seng) is
readily apparent.
[
chart Click
for a larger image ]‘
Alan Greenspan “Betrayed” Ayn Rand [ Ayn Rand … Is
that all? … If it was only Ayn Rand ]
and Ruined the Economy [ With ‘no-recession-helicopter-ben’s coup de grace’,
so to speak, in finishing ‘the job’. ] - Aaron Task "Ayn Rand would have
never advocated for the kind of policies Alan Greenspan instituted," says
Yaron Brook, President of the Ayn Rand Institute.
The
Cost of Bin Laden: $3 Trillion Over 15 Years What do we have to show for
that tab? Two wars that continue to occupy 150,000 troops and tie up a quarter
of our defense budget; a bloated homeland-security apparatus that has at times
pushed the bounds of civil liberty.
Trail
to bin Laden began with phone call (Washington Post) [ It’s truly difficult
not to like Mr. Woodward or not to receive well anything he reports on. After
all, having been played on the big screen by extremely likeable Robert Redford,
I’m constrained to say I myself am predisposed to liking Mr. Woodward
(Hoffman/Bernstein – not so much) and being thusly more receptive to what he
has to say (that ‘transfer aspect’ of ‘propaganda’ which I was fortunate to
have studied in sixth grade, the advanced reading group, courtesy of James
Bresnahan, undoubtedly the best teacher I’ve ever had, grade for grade – he
treated young people as more than just kids, with exposure to the great
classics, classical music, slides and insights from his wide-ranging world
travels, etc.). This is not to say Mr. Woodward should in any way be diminished
inasmuch as his substantial journalistic credentials and contributions speak
for themselves (particularly his recent piece, at great peril I believe, on the
ubiquity of high level security clearances in the Washington metro area).
Moreover, his contributions are invariably a welcomed positive for the great
paper, The Washington Post. Yet, Mr. Woodward was a ‘navy man’, after all; and,
I can’t help but think, with all the scripted, staged hoopla surrounding the
Bin Laden affair, his ‘gorge rises at it’. Indeed, 911 itself; that ‘pearl
harbor event’ so sought by the neo-cons / war mongerers still defies
explanation (ie., the ‘stand-down order’, symmetrical implosions, foreknowledge
by some {who conveniently ‘missed the party’ that day}, etc.. Some links,
echoing the unbelief akin to the ‘Jessica Lynch’, Tillman, etc., affairs follow. Additionally, people
must remain attuned to the reality that 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 ], and the highest crime
rates in the world by far. That perverse field of dreams I’ve previously
alluded to, the american nightmare, if you build / contrive war, they will
come. And, they do; seals of them (among others); and when their ‘tours’ are
done, it’s murder inc./contract killing for hire that they’ve won (cia, mob,
etc.). The 20th century, the ‘bloodiest century’, not coincidentally referred
to as the american century, brings longings of nostalgia to american criminals
who, like Pavlov’s dogs salivate at the
prospect of killing, raping, pillaging,
and plundering which primitive mindset they have mistakenly been conditioned to
connect to their now irretrievably lost success as a nation state, and to the
contrary, has become globally and domestically self-destructive /
self-defeating. In so short a period of time, it is unlikely that Mr. Woodward
could do an incisive investigative piece as he’s become famed for; nor could he
reasonably be expected to have done so given the ‘breaking nature’ of the
story. The entire 911 / Bin Laden scenario just doesn’t pass the smell test and
reeks of political desperation and Orwellian opportunism. Uncharacteristically,
and somewhat disingenuously, I’m not going to read Mr. Woodward’s article so
that I can continue to like Bob Woodward Redford.]
Paul
Craig Roberts: What Is The Agenda Behind The Bin Laden Fable?
My
mother is still gone The daughter of
a 9/11 victim reflects on bin Laden’s death. (Washington Post) Parker:
Bin Laden death was anti-climactic [ Paul
Craig Roberts: What Is The Agenda Behind The Bin Laden Fable? The US
government’s bin Laden story was so poorly crafted that it did not last 48
hours before being fundamentally altered. What agenda or agendas is the “death
of bin Laden” designed to further? US Government Contractor Claims “Al-Qaeda” Has Confirmed
Bin Laden Fairytale Paul
Joseph Watson | SITE organization was behind release of fake
“Al-Qaeda” tapes released at politically opportune times stretching back
years Red Alert: Help Stop False Flag Terror Infowars.com | Alex warns about the
potential for another false flag attack, urging listeners to call the White
House. Terrorist Hunter: General Under Wolfowitz Told Me 9/11 Was
False Flag Infowars.com
| Government insider Dr. Steve R. Pieczenik cannot be dismissed as a
“conspiracy theorist.” Pieczenik: The Psychological Resurrection of Osama Bin
Laden Infowars.com
| Critically acclaimed author of psycho-political thrillers, Steve Pieczenik
continues his analysis of the so-called death of Osama bin Laden. The
Cost of Bin Laden: $3 Trillion Over 15 Years What do we have to show for
that tab? Two wars that continue to occupy 150,000 troops and tie up a quarter
of our defense budget; a bloated homeland-security apparatus that has at times
pushed the bounds of civil liberty.
Red Alert:
Help Stop False Flag Terror Alex Jones calls in to warn about the potential
for another false flag attack, urging listeners to activate, call the White
House and try to stop the attack. Counter-terrorism expert Dr. Steve Pieczenik
concurs with Alex’s outlook and urges the good men and women inside the system
to say no to this shameful and dangerous tactic.
The
Week Ahead: Is the Worst Over? [ Over?
Much worse is yet to come! This is an especially great opportunity to sell / take profits while
you still can since there's much, much worse to come! ]
Trump University's Unhappy
Students [ trump university … don’t make me laugh! ] Among the many things
that Donald Trump has stamped with his brand is a little-known endeavor called
Trump University. In Trump’s true exaggerational style, the university
isn’t what it appears to be. It isn’t an accredited university at all, but a
for-profit entity that sells classes on how to invest in and make money from
real estate. Some of its students claim in a class-action lawsuit in federal
court that the thing Trump University does best is sell its own classes.
Marcus Baram
over at Huffington Post has a thoroughly
reported piece on Trump University on Friday. I have spent part of the past
week digging into some of the same issues that Baram did.
The case
against Trump University alleges that “The primary lesson Trump University
teaches its students is how to spend more money by buying more Trump Seminars.”
Students say they were encouraged to raise the credit limit on their credit
cards so they could spend up to $35,000 to take a Trump University multi-day
seminar.
The case is
not new –it was filed last year in U.S. District Court in San Diego –but the
judge may rule on it as soon as this month. The complaint in the suit says
attorneys general in six states have received “numerous complaints against
Trump University” and the Texas Attorney General began investigating in January
2010.
George Sorial,
assistant general counsel at the Trump Organization, denies the suit’s claims.
Sorial told me that 11,000 students have taken Trump University courses and
most have been happy. He sent me copies of customer satisfaction surveys that
rank the courses highly. He also sent a video interview with Tarla Makaeff, one
of the plaintiffs in the class action suit, taken in August 2008 in Los Angeles
after a Trump U seminar, in which she praises the program.
Makaeff, a
former fashion and handbag designer in San Diego, says via email that the
video interview of her was manipulative, and that before it was taken she had
already complained toTrump University about not making any money off her
$35,000 investment in a seminar. “They … knew I had to give a positive
response [in the video] and cooperate with them and a camera being shoved in my
face in order to get further support and services from them for my $35,000
investment which I had yet to make any money off in 1 year despite verbal
promises otherwise since day one,” Makaeff continues in an email.
The Trump Organization
has also countersued Makaeff for $1 million, alleging defamation. A judge has
denied Makaeff’s motion to dismiss the counterclaim. Call it the case of the
billionaire vs. the handbag designer.
The question
is what affect, if any, the lawsuits might have on billionaire Donald Trump, should he
decide to run for president. Oh, and there’s a lesson, too. Before you decide
to spend $35,000 on a Trump University seminar, remember what its lawyers say:
“Trump University cannot guarantee riches any more than Harvard University can
guarantee a Rhodes Scholarship or MIT can guarantee a Nobel Prize.”
Dionne:
Who is Obama? Now we know. (Washington Post) [ Oh really? Now you tell us
what you really know about this fraud and failed president. Barack Obama: The
Naked Emperor Shocking but true revelations from David Icke (a must read) | ‘…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... 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 .. - Goldman, UBS, Citi, Credit Suisse, Deutsche, J.P. Morgan
Chase, Morgan Stanley, etc. No wonder he went back on his pledge to accept the
limitations of public funding … Obama is just more of the same, a big smile
with strings attached, and controlled completely by those that chose him,
trained him, sold him and provided his record funding, kept his many skeletons
under wraps, like the gay sex and crack cocaine .. 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?), ... Obama is just another Banksters' moll
prostituting himself .., 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, …
Zionist Tim Geithner (Bilderberg Group, Trilateral Commission, Council on
Foreign Relations), was appointed Treasury Secretary, 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, Citi, Council on Foreign Relations, and economic advisor to Obama.
Rubin, ..Illuminati Bilderberg Group, the man behind Citi's debacle.. rescued
by taxpayers' money. The very people who caused the financial crisis ..
appointed by Obama .. 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
...’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
TRUMP
TO GIBBS: YOU'RE 'A LOSER' [‘Another trumped-up case of the pot calling the
kettle black’]... TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically,
Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir melodramatic
fashion which proved too much for the more balanced and ‘chosen / favored’
elder brother trump who committed suicide. The old man also required trump to
go to prep / military / boarding school where according to a classmate, Ted
Levine, trump used to wet / pee in his bed.
) vegetable garden in the same manner as dumbya bush … mobster trump and
people like trump are part of the problem (total b*** s***, fraud, etc., as in
his home turf, mob-infested sinkholes, jersey / new york), not the solution.
Indeed, trump is an interesting mental case in that he evolved from narcissist
(those inflated grandiose moods coupled with feelings of inferiority – he loved
to obsessively read those hitler speeches for inspiration and to pump himself
up according to Ivana Trump) to severe case of antisocial personality disorder
[ predatory disregard for and violation of the rights of others – hence, those
sophomoric soundbite solutions to complex problems as, ie., taking oil
fields(Libya), 25% tariff on Chinese (actually including american goods made in
China), drug money laundering in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in decline as pervasively corrupt,
defacto bankrupt america, trump and sister Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden
daughter trashes Trump...
Bill Cosby slams: 'He's
full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC
where t_rump has his Jerry Springer
derivative shock-jock show and sinkhole new york's fraud street journal … poll?
… Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider
firing Donald Trump Daily
Caller ... 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 (ie., new york, jersey, etc.) 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 ]
He also with his corrupt mob ilk 'chased' Steve Wynn out of jersey – Steve Wynn's
doing extremely well in Macau and Vegas.) "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.” ]
Drudgereport:
USA
FREAK OUT: TERROR FEARS; FALSE ALARMS...
Sen.
Schumer Calls For Amtrak 'Do Not Ride' List...
Two
tunnel 'breaches' cause scare in NYC...
Threats
Divert Planes in Three Separate Incidents...
Passengers,
flight crew subdue man banging on cockpit door...
Dallas
Train Station Evacuated: Man Asked For Help Carrying Packages...
4
Arrested For Videotaping TSA Line At Denver...
SHOCK PHOTO: TSA LOOKING FOR
'POOP BOMBS?'
U.S.-Pak.
Rift Widens...
Pak.
warns of 'full force' response to future US raids...
S&P
cuts Greece's rating...
BOEHNER
TO DEMAND NOT BILLIONS, BUT TRILLIONS
IN CUTS...
OIL
REBOUNDS; 2ND LARGEST GAIN ON RECORD...
REPORT:
Housing crash getting worse...
...values
fall fastest rate since '08
Michelle
Obama to host rapper at WH who talks of killing cops...
'COMMAND
CENTER'...
Pakistan
skeptical of U.S. claim bin Laden directed network...
Two loud explosions heard in town where bin Laden killed...
Videos
show 9-11 mastermind watching himself on TV...
U.S.
government censors tapes, cuts audio...
Inside
bin Laden's squalid home...
NYT:
Final days of domesticity...
Drone
Strike Kills 15 in Pakistan...
First
since bin Laden raid...
BIN
LADEN SUPPORTERS RAGE ON THE STREETS OF LONDON, VOW REVENGE...
Stage
mock funeral in front of US embassy...
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
JAPAN
URGES HALT AT THREE REACTORS...
UNEMPLOYMENT
BACK UP TO 9.0%...
Fannie
Mae Reports $8.7B Loss for First Quarter...
Seeks
$8.5B more from taxpayers...
APRIL
JOBS: +244,000...
FUZZY
MATH: How can US add
jobs but the unemployment rate go up?
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
Silver
Plunge Spreads...
OIL
GUTTED...
Price
Slide Temporary, New Highs Likely: Goldman...
Fears
linger of a new 'flash crash'...
Euro
Tumbles...
CNN
SHOCK POLL: RON PAUL HAS BEST CHANCE VS OBAMA
National
Home Prices Double Dip...
JOBLESS
CLAIMS RISE TO 8 MONTH HIGH...
Fears
linger of a new 'flash crash'...
9-11
FAMILY: 'SHOW US PROOF BIN LADEN KILLED'...
Victim's
father: Obama 'putting too much spotlight on himself'...
Channels
Bush at Ground Zero: 'We will never forget'...
Tells
teen survivor he knows
Justin Bieber...
Turns
Back on 9/11 Family Member...
AUDIO...
Muslim
Brotherhood urges review of Israel ties...
Pakistanis
burn U.S. flags; backlash over death grows...
Pakistan
officials: No resistance in 'cold-blooded' U.S. raid...
Warns
America not to stage any more...
Threatens
'disastrous consequences'...
Muslims
already name dump location 'Martyr's Sea'...
OBAMA,
NO PHOTOS OF OSAMA: 'We don't need to spike the football'...
'Conspiracy theorists will just claim doctored'...
Sen.
Scott Brown: 'I've seen picture, he's definitely dead'...
UPDATE:
Photo proving bin Laden's death to Sen. Brown was
faked...
three
senators fell for fakes...
UPDATE:
'The photo I saw and that a lot of other people saw is not authentic'...
Top
Dem: No photo needed, 'there's absolute proof'...
REUTERS RELEASES 'DEATH SCENE' PHOTOS
**WARNING GRAPHIC**
UPDATE: Photo proving bin Laden's death to Sen. Brown was faked...
Possibly
three senators fell for fakes...
Pakistan:
'Not a single bullet fired from compound'...
WIRE:
Photos from 1 hour after raid show 3 dead, no weapons...
The
Slippery Story of the bin Laden Kill...
Official says 'killed apparently
by the U.S. raid team'...
DOLLAR
HITS 3 YEAR LOW...
1
IN 7 ON FOOD STAMPS!
Job
numbers disappoint...
Treasury
suggests $2 trillion debt cap raise...
Trail
to bin Laden began with phone call (Washington Post) [ It’s truly difficult
not to like Mr. Woodward or not to receive well anything he reports on. After
all, having been played on the big screen by extremely likeable Robert Redford,
I’m constrained to say I myself am predisposed to liking Mr. Woodward
(Hoffman/Bernstein – not so much) and being thusly more receptive to what he
has to say (that ‘transfer aspect’ of ‘propaganda’ which I was fortunate to
have studied in sixth grade, the advanced reading group, courtesy of James
Bresnahan, undoubtedly the best teacher I’ve ever had, grade for grade – he
treated young people as more than just kids, with exposure to the great
classics, classical music, slides and insights from his wide-ranging world
travels, etc.). This is not to say Mr. Woodward should in any way be diminished
inasmuch as his substantial journalistic credentials and contributions speak
for themselves (particularly his recent piece, at great peril I believe, on the
ubiquity of security clearances in the Washington metro area). Moreover, his
contributions are invariably a welcomed positive for the great paper, The
Washington Post. Yet, Mr. Woodward was a ‘navy man’, after all; and, I can’t
help but think, with all the scripted, staged hoopla surrounding the Bin Laden
affair, his ‘gorge rises at it’. Indeed, 911 itself; that ‘pearl harbor event’
so sought by the neo-cons / war mongerers still defies explanation (ie., the
‘stand-down order’, symmetrical implosions, foreknowledge by some {who
conveniently ‘missed the party’ that day}, etc.. Some links, echoing the
unbelief akin to the ‘Jessica Lynch’, Tillman,
etc., affairs follow. Additionally, people must remain atuned to the
reality that 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 ], and the highest crime
rates in the world by far. That perverse field of dreams I’ve previously
alluded to, the american nightmare, if you build / contrive war, they will
come. And, they do; seals of them (among others); and when their ‘tours’ are
done, it’s murder inc./contract killing for hire that they’ve won (cia, mob,
etc.). The 20th century, the ‘bloodiest century’, not coincidentally referred
to as the american century, brings longings of nostalgia to american criminals
who, like Pavlov’s dogs salivate at the
prospect of killing, raping, pillaging,
and plundering which primitive mindset they have mistakenly been conditioned to
connect to their now irretrievably lost success as a nation state, and to the
contrary, has become globally and domestically self-destructive /
self-defeating. In so short a period of time, it is unlikely that Mr. Woodward
could do an incisive investigative piece as he’s become famed for; nor could he
reasonably be expected to have done so given the ‘breaking nature’ of the
story. The entire 911 / Bin Laden scenario just doesn’t pass the smell test and
reeks of political desperation and Orwellian opportunism. Uncharacteristically,
and somewhat disingenuously, I’m not going to read his article so that I can
continue to like Bob Woodward Redford.
Paul
Craig Roberts: What Is The Agenda Behind The Bin Laden Fable?
U.S.
economy adds 244,000 jobs But the
unemployment rate edged up last month, showing that the outlook for workers
remains grim (Washington Post) [244,000
jobs added in April Associated Press In biggest hiring spree in five years,
employers posted a third straight month of hiring; unemployment rose to 9
percent as people resumed looking for work. Interactive:
Why it doesn’t feel like a recovery (Washington Post) [ Short answer: Because it’s really not a
recovery! What jobs? $1 dollar a day, 3 days a year … and on government pork
projects for the porkers’ reelection campaigns? I don’t think so! Obama’s
victory lap (Washington Post) The
killing of bin Laden offered hope of instant renewal. [ Only wobama aficionado
Mr. Milbank could latch onto this propagandist Orwellian dream and call it
victory. Sounds like he’s shootin’ for a job in this failed
presidency/administration as others, including from the Post.. 10
Reasons 2011 Is Feeling More and More Like 2008 Jensen ‘..it eerily feels
like the months before the financial crisis and meltdown of 2008. .. impending
and significant pullback over the summer.
10 reasons
2011 ..like 2008.
- Gas prices
rising rapidly, starting to impact consumer spending and sentiment. On Thursday, gas prices hit this highest level
since July 31st, 2008 and have risen every month since last
August, up over 30% ..
- Despite
numerous federal programs (mostly failed), the housing market remains
moribund. ..
- The
Federal Reserve continues to be behind the curve. In 2008, the subprime loan problem was
“contained”. In 2011, Bernanke can’t seem to see any signs of inflation
despite rapidly rising energy and food prices (they are not “core”
components of the Index Blind Ben
- In 2008,
we were fighting military actions in two Middle Eastern countries; Iraq
and Afghanistan. In 2011, we are still fighting in Iraq and Afghanistan
and have added ½ a war in Libya, .. a higher floor for oil prices ..
- World food
prices increased dramatically in the 1st and 2nd quarter of 2008 creating
a global crisis and
causing political and economical instability and social unrest ..In 2008, this produced food riots in many
developing countries. In 2011, we have uprisings throughout the Middle
East ..
- In May
2008, the market was worried about which was the next financial
institution ..what
European sovereign state will be the next to need a bailout after Greece,
Ireland and Portugal and what the ramifications will be for the credit
markets.
- In 2008,
gold hit $900 an ounce in January of that year and $1000 an ounce for the
first time in March 2008.
In 2011, gold and silver just hit all time highs last week
- As in
2008, U.S. GDP growth was anemic in the first quarter.. In 2011, GDP growth ..shows a significant
slowdown from previous qtr.
- As in
2008, the fiscal and monetary policies of the United States have led to a
decline in the value of its currency
- In 2008,
China, the world’s third largest economy, instituted a series of measures
to curb growth in order to address increasing inflation and the beginnings
of a property bubble..
]
Pledge
not squaring with reality Obama’s
vow to boost middle-class economic security at odds with corporate profits,
unemployment. (Washington Post) [CEOs’
pay: It’s as if the Great Recession never happened (Washington Post) The typical big-business CEO made $9 million
last year, exceeding pre-recession level. [ And ‘worth every penny’? Not likely
in pervasively corrupt, defacto bankrupt america, leaders no more except in
fraud, crime, manipulation, subterfuge. Imagine the comparisons to their
foreign counterparts where value still has meaning. As if ‘never happened? How
‘bout not over, and worse to come! UBS
bank admits rigging bids (WP) Swiss
bank reaped millions of dollars of illegal profits by rigging municipal bond
transactions in 36 states, government said. [ The key here is ‘Swiss’ and
‘millions of dollars of illegal profits’ when the american banks / wall street
frauds’ generated hundreds of billions in illegal profits, which frauds
continue to this day by way of slightly subdued high-frequency trading /
commission-generated scams along with cover-up and cash-out from the last,
still unprosecuted fraud in the trillions for which disgorgement, fines is long
overdue. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009
Study:
Affordable rentals scarce (WP)
Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it
Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
]
]
Al-Qaeda
vows retaliation on U.S. Online
posting attributed to group also confirms the death of Osama bin Laden. (Washington Post) [ Paul
Craig Roberts: What Is The Agenda Behind The Bin Laden Fable?
CIA
spied on bin Laden in town of Abbottabad
(Washington Post) Agency maintained secret facility for a small team of
spies who conducted extensive surveillance over a period of months on Osama bin
Laden’s compound. [ Come on! Who is foolish enough to believe anything they
say; particularly their scripted, ever-changing, evolving, self-serving
accounts belied only by truth / reality as told by those with true courage and
integrity; as, for example Jessica Lynch, etc.
Top
Terrorist Hunter For U.S. Government: Wolfowitz General Told Me 9/11 Was False
Flag 9/11 Families Snub Obama’s
“Photo-Op” White
House Press Secretary “Floundering Under Pressure” Of Flip-Flopping Bin Laden
Fable Pentagon
Dinner Guest al-Awlaki Slated to Replace Osama as the new face of terror in
a war designed to last forever. Staged:
White House “Situation Room” Photos Part Of Bin Laden Fable .. it has
emerged that the dramatic photos of Obama, Biden, Hillary Clinton and members
of the White House security team watching the assassination of Bin Laden “live”
were in fact completely staged, casting further doubt on the ever-changing
official account of the operation. Hillary
Clinton Claims ‘Allergy Not Anguish’ Reason For Photo As Evidence Points to PR
Stunt No
resistance in “cold-blooded” U.S. raid: Pakistan officials US Government Contractor Claims “Al-Qaeda” Has Confirmed
Bin Laden Fairytale Paul
Joseph Watson | SITE organization was behind release of fake
“Al-Qaeda” tapes released at politically opportune times stretching back
years The
Cost of Bin Laden: $3 Trillion Over 15 Years What do we have to show for
that tab? Two wars that continue to occupy 150,000 troops and tie up a quarter
of our defense budget; a bloated homeland-security apparatus that has at times
pushed the bounds of civil liberty. Bin Had The
Growing Coverup: Osama and “The Big Lie” The Obama administration and the
corporate media are concocting an ever-more elaborate and spectacular theater
around the “heroic” murder of the CIA intelligence myth/CIA asset Osama bin Laden.
Not content to simply to exploit the 9/11 atrocity for political gain, the
administration is heaping new layers of lie and cover-up to the original
crime. Staged
Al Qaeda Rail Attack Plot To Be Used To Further Implement TSA At “Soft” Spots
Nationwide? Red Alert: Government Had Osama bin Laden Frozen for Years Nimmo / Jones | Videos [ I personally
believe Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc..
His ‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at most yield a pyrrhic victory
which also would require for consummation a wrap-up of this nation-bankrupting
contrived war scenario, which is not likely. Moreover, the same comes at a time of systemic failure for pervasively
corrupt, defacto bankrupt america While the ‘announcement’ plays well for the
nonce, to the dumb, uninformed back home, the same will galvanize resistance in the name of their now
martyr, Osama Bin Laden. In sum, other than somewhat questionable propaganda
value, the announcement will have no measurable effect on america’s continuing
mideast / global debacle. In other words, defacto bankrupt america has used up
a ‘bullet’, albeit a blank at that! ]
My
mother is still gone The daughter of
a 9/11 victim reflects on bin Laden’s death. (Washington Post) Parker:
Bin Laden death was anti-climactic [ Paul
Craig Roberts: What Is The Agenda Behind The Bin Laden Fable? The US
government’s bin Laden story was so poorly crafted that it did not last 48
hours before being fundamentally altered. What agenda or agendas is the “death
of bin Laden” designed to further? US Government Contractor Claims “Al-Qaeda” Has Confirmed
Bin Laden Fairytale Paul Joseph Watson | SITE organization was behind release of fake
“Al-Qaeda” tapes released at politically opportune times stretching back
years Red Alert: Help Stop False Flag Terror Infowars.com | Alex warns about the potential for another false
flag attack, urging listeners to call the White House. Terrorist Hunter: General Under Wolfowitz Told Me 9/11
Was False Flag Infowars.com | Government insider Dr. Steve R. Pieczenik cannot be dismissed as a
“conspiracy theorist.” Pieczenik: The Psychological Resurrection of Osama Bin
Laden Infowars.com |
Critically acclaimed author of psycho-political thrillers, Steve Pieczenik
continues his analysis of the so-called death of Osama bin Laden. The
Cost of Bin Laden: $3 Trillion Over 15 Years What do we have to show for
that tab? Two wars that continue to occupy 150,000 troops and tie up a quarter
of our defense budget; a bloated homeland-security apparatus that has at times
pushed the bounds of civil liberty.
Titanic
insurer Atlantic Mutual sinks
Sell
in May: Still Valid? Roche ‘Here is
an interesting expansion on the idea of Sell in May. Fidelity Investments elaborates by
combining several time cycle indicators into one. The result – still Sell in
May:
On the negative
side, it is coming to that point in the cycle where, seasonally, the market
tends to take a pause, also known as Sell in May and Go Away.
Since, historically
markets have tended to follow cyclical patterns such as this, I compiled the
seasonal pattern, the four-year presidential cycle, and the 10-year decennial
cycle into a composite performance index and projected the pattern. So far, the
stock market has followed this roadmap very closely, so over the next two
years. As you can see in the chart below, the market has closely tracked these
historical cyclical patterns Since December 2009. Because of this, I think it
bears watching. (Past performance is no guarantee of future results.)
click to enlarge
http://static.seekingalpha.com/uploads/2011/5/6/saupload_time_cycles1105_thumb1.jpg
Clear
Capital: The Housing Double Dip Is Now Official Today
Meredith
Whitney Sticks to Her Guns Today Roche ‘Talk about holding onto a losing
trade. At the Milken Conference yesterday, Meredith Whitney said there was
nothing controversial about her muni call, maintaining that she has more
conviction about the muni crisis call than anything in her entire career. Via
Bloomberg:
Whitney said on
the panel, “It’s not that big of a call..There’s nothing controversial about
that call, if you look at the numbers.”
“You can criticize
me for everything you want, I’m just numb to it because I have more conviction
on this than I’d had on any single thing in my career.”
On the same panel,
David Solomon, Goldman Sachs’ co-head of investment banking said, “I don’t
think we’re doomed. I think the resources available to us, and the changes that
will evolve as we come out of a very, very difficult economic period that we’ve
been stuck in over the past couple of years, will provide more flexibility than
I think Meredith believes.”
Whitney is certainly right that the states are
suffering fiscal woes; however, as we’ve seen in Europe, there are mechanisms
that can be utilized to combat these issues. While I still maintain that there
is a chance of local defaults, I think the United States will be proactive in
fending off a euro-style crisis.
And that means the US federal government will do what
it has always done. It will credit the bank accounts of the states in order to
ensure that any single municipality cannot cause widespread economic hardship
throughout the United States. This would be nothing new. The US has always
credited the bank accounts of the states that are part of this union.
If Europe was truly united, we would see the same
thing occurring in Europe; however, because it's not united, it instead chooses
austerity due to fears of inflation. The reality is that the ECB is not
creating inflation; it's merely stopping the potentially deflationary debacle
that would ensue with sovereign defaults.
I would hope that a truly United States of America would be a bit more caring of its
own member states.’
Don't
Be Fooled By The Jobs Report Harding
‘This was a week that confirmed that the economic recovery has stalled.
We knew from
the previous week that economic growth (GDP) slowed to just 1.8% in the March
quarter from 3.1% in the December quarter. This week it was reported that
the ISM Non-Mfg Index, which tracks the service sector of the economy, plunged
to 52.8 in April from 57.3 in March (versus the consensus estimate of
economists that it would improve to 57.8).
It was a
shocking report since the ISM Non-Manufacturing Index covers just about every
business sector– everything from education, healthcare, finance, insurance and
retail, to technology services, transportation, and mining, accounting for more
than 80% of U.S. employment. At the same time it was reported that the ISM New
Orders Index also plunged substantially, from 64.1 in March to 52.7 in April,
not encouraging for service sector business activity for the next few months.
Commodity
markets, already worried about what slowing global economies would do to demand
for materials and supplies, reacted with further substantial declines. By the
close on Thursday, the price of crude oil had collapsed from its high of
$114.80 a barrel a week ago, to $99.75. The S&P GSCI Index of 24 raw
materials fell 11.5% in just five days.
Fortunately,
the stock market’s reaction to the further evidence that the economic recovery
is in trouble was more muted. By the close on Thursday, the S&P 500 was
down only 1.8% for the week.
And
thankfully, on Friday morning the Labor Department released its monthly jobs
report, which showed that 244,000 new jobs were created in April, 60,000 more
than had been forecast, and the stock market surged up in reaction, with the
Dow up 150 points within minutes of the market’s open.
Indeed the
jobs report was good news, even though it was also reported that the
unemployment rate rose to 9.0% from its previous level of 8.8%. But did the
better than expected jobs report cancel out the even more surprising plunge in
the ISM service sector index in April, reported the previous day?
I don’t think
so. Even within the employment report the numbers show that 13.7 million people
remained unemployed in April, still almost double the number just before the
last recession began in December, 2007. Including part-time workers who
have not been able to find full-time jobs, and those who have given up looking
for a job, the “underemployed” rate rose to 15.9% in April. That seems to more
closely resemble what the ISM Index said about the economy slowing further in
April.
And here’s the
thing about the Labor Department’s monthly jobs report. As my subscribers know,
I have always called it ‘The Big One’
as far as economic reports go. That’s because it’s so difficult for economists
to forecast that it comes in with a big surprise in one direction or the other
more often than any other series of reports. And that surprise results in a one
or two day triple-digit move by the Dow in one direction or the other more
often than any other report.
But the rest
of that pattern is that the move is then most often reversed over the following
two or three days, and the market returns to whatever its focus was before the
report.
In this
instance, with the 1st quarter earnings reporting season pretty much
over, that is liable to be a refocus on the slowing economic recovery that had
it troubled prior to the jobs report.
Meanwhile, the
collapse in commodity prices was another example of what happens when markets
become overbought, and investor sentiment reaches extremes of bullishness, as
was the case with commodities. The consensus opinion a week ago was that they
could only move higher. $2,000 gold, $75 silver, $150 a barrel oil seemed
assured. But when a surprise hits and investors head in a rush for the exit
they discover they can’t all get through the door at once. Since most everyone
interested in commodities was already invested there was no one willing to buy
what they wanted to sell except at much lower prices.
Perhaps a
cautionary tale for the stock market as it enters its unfavorable season with
investors so bullish and anxious to jump in on any dip?’
CEOs’
pay: It’s as if the Great Recession never happened (Washington Post) The typical big-business CEO made $9 million
last year, exceeding pre-recession level. [ And ‘worth every penny’? Not likely
in pervasively corrupt, defacto bankrupt america, leaders no more except in
fraud, crime, manipulation, subterfuge. Imagine the comparisons to their
foreign counterparts where value still has meaning. As if ‘never happened? How
‘bout not over, and worse to come! UBS
bank admits rigging bids (WP) Swiss
bank reaped millions of dollars of illegal profits by rigging municipal bond
transactions in 36 states, government said. [ The key here is ‘Swiss’ and
‘millions of dollars of illegal profits’ when the american banks / wall street
frauds’ generated hundreds of billions in illegal profits, which frauds
continue to this day by way of slightly subdued high-frequency trading /
commission-generated scams along with cover-up and cash-out from the last,
still unprosecuted fraud in the trillions for which disgorgement, fines is long
overdue. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009
Study:
Affordable rentals scarce (WP)
Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it
Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
]
A
political minefield in Treasury plan
(Washington Post) Questions
about deficit and growth complicate Treasury’s plan to overhaul corporate
taxes. [ What plan! . Let
the budget battle begin After two weeks of tumultuous meetings with
constituents, Congress returns to a lengthy fight over the nation’s solvency.
(WP) [
Or more aptly put, stated another way, the nation’s solvency is over. ..
america’s defacto bankrupt with no end in sight.. interest alone is eating
progressively into GDP beyond the subterfuge.. Gerson:
How serious are we about the deficit? (WP) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..And here
comes the first indicator that Q2 GDP is about to be mass revised by everyone,
courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed
collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since
November 2010… This is an
especially great opportunity to sell / take profits while you still can since
there's much worse to come!
U.S. Economy Remains on Life Support Hansen ‘
- The Federal Reserve press
conference by Chairman Bernanke which contained almost no new economic
insights; and,
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
‘End
of Days’ message rolls into D.C.
(Washington Post) The
potentially rotten news that the world will end on May 21 arrived plastered on
a caravan of RVs. [ Gee … little premature … you know, that 2012, end of Mayan
calendar, Nostradamus thing … I previously weighed in / wrote: Why
do Americans still dislike atheists? (Washington Post) [ And not just americans … Why? First and
foremost because there is a God. Second, it is intellectually dishonest to be
an atheist. Specifically, there is absolutely no evidence to dispute the
existence of God. While one might similarly argue that there is no evidence to
suggest there is a God (which I would dispute), which for most is a fair
statement, the same would yield at best, if intellectually honest, the position
of ‘agnostic’. I can totally understand and even empathize with the view of the
agnostic. After all, at this point, there seems to be ‘no rhyme nor reason’ at
all. But, think binary, positives / negatives. Just too many negatives. Think
‘capital punishment’. No, the world’s not going to end in 2012 as some fear.
Rather, think slow burn; decades at best; then ‘poof’. In the scheme of things,
this world’s just not that important (apes, notochordates, and initially single celled
organisms). Kind of akin to what I previously wrote: (God doesn’t care that you wrestle a
girl who wants to wrestle!) 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! ]
244,000
jobs added in April Associated Press In biggest hiring spree in five years,
employers posted a third straight month of hiring; unemployment rose to 9
percent as people resumed looking for work. Interactive:
Why it doesn’t feel like a recovery (Washington Post) [ Short answer: Because it’s really not a
recovery! What jobs? $1 dollar a day, 3 days a year … and on government pork
projects for the porkers’ reelection campaigns? I don’t think so! Obama’s
victory lap (Washington Post) The
killing of bin Laden offered hope of instant renewal. [ Only wobama aficionado
Mr. Milbank could latch onto this propagandist Orwellian dream and call it
victory. Sounds like he’s shootin’ for a job in this failed
presidency/administration as others, including from the Post.. 10
Reasons 2011 Is Feeling More and More Like 2008 Jensen ‘..it eerily feels
like the months before the financial crisis and meltdown of 2008. .. impending
and significant pullback over the summer.
10 reasons
2011 ..like 2008.
- Gas prices
rising rapidly, starting to impact consumer spending and sentiment. On Thursday, gas prices hit this highest level
since July 31st, 2008 and have risen every month since last
August, up over 30% ..
- Despite
numerous federal programs (mostly failed), the housing market remains
moribund. ..
- The
Federal Reserve continues to be behind the curve. In 2008, the subprime loan problem was
“contained”. In 2011, Bernanke can’t seem to see any signs of inflation
despite rapidly rising energy and food prices (they are not “core”
components of the Index Blind Ben
- In 2008,
we were fighting military actions in two Middle Eastern countries; Iraq
and Afghanistan. In 2011, we are still fighting in Iraq and Afghanistan
and have added ½ a war in Libya, .. a higher floor for oil prices ..
- World food
prices increased dramatically in the 1st and 2nd quarter of 2008 creating
a global crisis and
causing political and economical instability and social unrest ..In 2008, this produced food riots in many
developing countries. In 2011, we have uprisings throughout the Middle
East ..
- In May
2008, the market was worried about which was the next financial
institution ..what
European sovereign state will be the next to need a bailout after Greece,
Ireland and Portugal and what the ramifications will be for the credit
markets.
- In 2008,
gold hit $900 an ounce in January of that year and $1000 an ounce for the
first time in March 2008.
In 2011, gold and silver just hit all time highs last week
- As in
2008, U.S. GDP growth was anemic in the first quarter.. In 2011, GDP growth ..shows a significant
slowdown from previous qtr.
- As in
2008, the fiscal and monetary policies of the United States have led to a
decline in the value of its currency
- In 2008,
China, the world’s third largest economy, instituted a series of measures
to curb growth in order to address increasing inflation and the beginnings
of a property bubble..
]
CIA
spied on bin Laden in town of Abbottabad
(Washington Post) Agency maintained secret facility for a small team of
spies who conducted extensive surveillance over a period of months on Osama bin
Laden’s compound. [ Come on! Who is foolish enough to believe anything they
say; particularly their scripted, ever-changing, evolving, self-serving
accounts belied only by truth / reality as told by those with true courage and
integrity; as, for example Jessica Lynch, etc.
Top
Terrorist Hunter For U.S. Government: Wolfowitz General Told Me 9/11 Was False
Flag 9/11 Families Snub Obama’s
“Photo-Op” White
House Press Secretary “Floundering Under Pressure” Of Flip-Flopping Bin Laden
Fable Pentagon
Dinner Guest al-Awlaki Slated to Replace Osama as the new face of terror in
a war designed to last forever. Staged:
White House “Situation Room” Photos Part Of Bin Laden Fable .. it has
emerged that the dramatic photos of Obama, Biden, Hillary Clinton and members
of the White House security team watching the assassination of Bin Laden “live”
were in fact completely staged, casting further doubt on the ever-changing
official account of the operation. Hillary
Clinton Claims ‘Allergy Not Anguish’ Reason For Photo As Evidence Points to PR
Stunt No
resistance in “cold-blooded” U.S. raid: Pakistan officials US Government Contractor Claims “Al-Qaeda” Has Confirmed
Bin Laden Fairytale Paul
Joseph Watson | SITE organization was behind release of fake
“Al-Qaeda” tapes released at politically opportune times stretching back
years The
Cost of Bin Laden: $3 Trillion Over 15 Years What do we have to show for
that tab? Two wars that continue to occupy 150,000 troops and tie up a quarter
of our defense budget; a bloated homeland-security apparatus that has at times
pushed the bounds of civil liberty. Bin Had The
Growing Coverup: Osama and “The Big Lie” The Obama administration and the
corporate media are concocting an ever-more elaborate and spectacular theater
around the “heroic” murder of the CIA intelligence myth/CIA asset Osama bin
Laden. Not content to simply to exploit the 9/11 atrocity for political gain,
the administration is heaping new layers of lie and cover-up to the original
crime. Staged
Al Qaeda Rail Attack Plot To Be Used To Further Implement TSA At “Soft” Spots
Nationwide? Red Alert: Government Had Osama bin Laden Frozen for Years Nimmo / Jones | Videos [ I personally
believe Osama’s been dead for quite some time. Indeed, for one on dialysis, he otherwise
would have been nothing less than a modern day miracle in terms of longevity /
mortality rates for those so afflicted, particularly under the ‘stressful’
circumstances involving evading capture, betrayal for money, etc.. His
‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at most yield a pyrrhic victory which
also would require for consummation a wrap-up of this nation-bankrupting
contrived war scenario, which is not likely. Moreover, the same comes at a time of systemic failure for pervasively
corrupt, defacto bankrupt america While the ‘announcement’ plays well for the
nonce, to the dumb, uninformed back home, the same will galvanize resistance in the name of their now
martyr, Osama Bin Laden. In sum, other than somewhat questionable propaganda
value, the announcement will have no measurable effect on america’s continuing
mideast / global debacle. In other words, defacto bankrupt america has used up
a ‘bullet’, albeit a blank at that! ]
Dionne:
Who is Obama? Now we know. (Washington Post) [ Oh really? Now you tell us
what you really know about this fraud and failed president. Barack Obama: The
Naked Emperor Shocking but true revelations from David Icke (a must read) | ‘…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... 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 .. - Goldman, UBS, Citi, Credit Suisse, Deutsche, J.P. Morgan
Chase, Morgan Stanley, etc. No wonder he went back on his pledge to accept the
limitations of public funding … Obama is just more of the same, a big smile
with strings attached, and controlled completely by those that chose him,
trained him, sold him and provided his record funding, kept his many skeletons
under wraps, like the gay sex and crack cocaine .. 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?), ... Obama is just another Banksters' moll
prostituting himself .., 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, …
Zionist Tim Geithner (Bilderberg Group, Trilateral Commission, Council on
Foreign Relations), was appointed Treasury Secretary, 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, Citi, Council on Foreign Relations, and economic advisor to Obama.
Rubin, ..Illuminati Bilderberg Group, the man behind Citi's debacle.. rescued
by taxpayers' money. The very people who caused the financial crisis ..
appointed by Obama .. 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 ...’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Drudgereport:
UNEMPLOYMENT
BACK UP TO 9.0%...
Fannie
Mae Reports $8.7B Loss for First Quarter...
Seeks
$8.5B more from taxpayers...
APRIL
JOBS: +244,000...
FUZZY
MATH: How can US add
jobs but the unemployment rate go up?
Gas
nat'l average: $3.99...
Eats
9% of household budgets...
Average
price sets record in Indiana -- $4.25 a gallon...
$6.03
in Hawaii...
Silver
Plunge Spreads...
OIL
GUTTED...
Price
Slide Temporary, New Highs Likely: Goldman...
Fears
linger of a new 'flash crash'...
Euro
Tumbles...
CNN
SHOCK POLL: RON PAUL HAS BEST CHANCE VS OBAMA
National
Home Prices Double Dip...
JOBLESS
CLAIMS RISE TO 8 MONTH HIGH...
Fears
linger of a new 'flash crash'...
9-11
FAMILY: 'SHOW US PROOF BIN LADEN KILLED'...
Victim's
father: Obama 'putting too much spotlight on himself'...
Channels
Bush at Ground Zero: 'We will never forget'...
Tells
teen survivor he knows
Justin Bieber...
Turns
Back on 9/11 Family Member...
AUDIO...
Muslim
Brotherhood urges review of Israel ties...
Pakistanis
burn U.S. flags; backlash over death grows...
Pakistan
officials: No resistance in 'cold-blooded' U.S. raid...
Warns
America not to stage any more...
Threatens
'disastrous consequences'...
Muslims
already name dump location 'Martyr's Sea'...
OBAMA,
NO PHOTOS OF OSAMA: 'We don't need to spike the football'...
'Conspiracy theorists will just claim doctored'...
Sen.
Scott Brown: 'I've seen picture, he's definitely dead'...
UPDATE:
Photo proving bin Laden's death to Sen. Brown was
faked...
three
senators fell for fakes...
UPDATE:
'The photo I saw and that a lot of other people saw is not authentic'...
Top
Dem: No photo needed, 'there's absolute proof'...
REUTERS RELEASES 'DEATH SCENE' PHOTOS
**WARNING GRAPHIC**
UPDATE: Photo proving bin Laden's death to Sen. Brown was faked...
Possibly
three senators fell for fakes...
Pakistan:
'Not a single bullet fired from compound'...
WIRE:
Photos from 1 hour after raid show 3 dead, no weapons...
The
Slippery Story of the bin Laden Kill...
Official says 'killed apparently
by the U.S. raid team'...
DOLLAR
HITS 3 YEAR LOW...
1
IN 7 ON FOOD STAMPS!
Job
numbers disappoint...
Treasury
suggests $2 trillion debt cap raise...
CEOs’
pay: It’s as if the Great Recession never happened (Washington Post) The typical big-business CEO made $9 million
last year, exceeding pre-recession level. [ And ‘worth every penny’? Not likely
in pervasively corrupt, defacto bankrupt america, leaders no more except in
fraud, crime, manipulation, subterfuge. Imagine the comparisons to their
foreign counterparts where value still has meaning. As if ‘never happened? How
‘bout not over, and worse to come! UBS
bank admits rigging bids (WP) Swiss
bank reaped millions of dollars of illegal profits by rigging municipal bond
transactions in 36 states, government said. [ The key here is ‘Swiss’ and
‘millions of dollars of illegal profits’ when the american banks / wall street
frauds’ generated hundreds of billions in illegal profits, which frauds
continue to this day by way of slightly subdued high-frequency trading /
commission-generated scams along with cover-up and cash-out from the last,
still unprosecuted fraud in the trillions for which disgorgement, fines is long
overdue. 24 Signs Of
Economic Decline In America ‘The US is in the middle of a devastating
long-term economic decline..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009
Study:
Affordable rentals scarce (WP)
Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it
Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
]
A
political minefield in Treasury plan
(Washington Post) Questions
about deficit and growth complicate Treasury’s plan to overhaul corporate
taxes. [ What plan! . Let
the budget battle begin After two weeks of tumultuous meetings with
constituents, Congress returns to a lengthy fight over the nation’s solvency.
(WP) [
Or more aptly put, stated another way, the nation’s solvency is over. ..
america’s defacto bankrupt with no end in sight.. interest alone is eating
progressively into GDP beyond the subterfuge.. Gerson:
How serious are we about the deficit? (WP) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..And here
comes the first indicator that Q2 GDP is about to be mass revised by everyone,
courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed
collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since
November 2010… This is an
especially great opportunity to sell / take profits while you still can since
there's much worse to come!
U.S. Economy Remains on Life Support Hansen ‘
- The Federal Reserve press
conference by Chairman Bernanke which contained almost no new economic
insights; and,
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
‘End
of Days’ message rolls into D.C.
(Washington Post) The
potentially rotten news that the world will end on May 21 arrived plastered on
a caravan of RVs. [ Gee … little premature … you know, that 2012, end of Mayan
calendar, Nostradamus thing … I previously weighed in / wrote: Why
do Americans still dislike atheists? (Washington Post) [ And not just americans … Why? First and
foremost because there is a God. Second, it is intellectually dishonest to be
an atheist. Specifically, there is absolutely no evidence to dispute the
existence of God. While one might similarly argue that there is no evidence to
suggest there is a God (which I would dispute), which for most is a fair
statement, the same would yield at best, if intellectually honest, the position
of ‘agnostic’. I can totally understand and even empathize with the view of the
agnostic. After all, at this point, there seems to be ‘no rhyme nor reason’ at
all. But, think binary, positives / negatives. Just too many negatives. Think
‘capital punishment’. No, the world’s not going to end in 2012 as some fear.
Rather, think slow burn; decades at best; then ‘poof’. In the scheme of things,
this world’s just not that important (apes, notochordates, and initially single celled
organisms). Kind of akin to what I previously wrote: (God doesn’t care that you
wrestle a girl who wants to wrestle!) 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! ]
Red Alert: Government Had Osama bin Laden Frozen for Years
Nimmo / Jones | Videos [ I personally believe Osama’s been dead
for quite some time. Indeed, for one on dialysis, he otherwise would have been
nothing less than a modern day miracle in terms of longevity / mortality rates
for those so afflicted, particularly under the ‘stressful’ circumstances
involving evading capture, betrayal for money, etc.. His ‘surfacing’ for a
‘talk’ wouldn’t even pass muster in the most rudimentary requirements for
‘proof of life’. The release at this time of the ‘announcement’ is, rather than
a victory lap so to speak, but rather a sign of weakness and desperation on the
part of america whose global and domestic economic, financial, and geopolitical
position is substantially diminished and declining rapidly and whose military
industrial complex welfare plan along with the Orwellian diversion of the
masses could at most yield a pyrrhic victory which also would require for
consummation a wrap-up of this nation-bankrupting contrived war scenario, which
is not likely. Moreover, the same comes at a
time of systemic failure for pervasively corrupt, defacto bankrupt
america While the ‘announcement’ plays well for the nonce, to the dumb,
uninformed back home, the same will
galvanize resistance in the name of their now martyr, Osama Bin Laden.
In sum, other than somewhat questionable propaganda value, the announcement
will have no measurable effect on america’s continuing mideast / global
debacle. In other words, defacto bankrupt america has used up a ‘bullet’,
albeit a blank at that! ]
Weekly
Unemployment Claims Going in the Wrong Direction Short May 5, 2011 ‘The Department of Labor’s Unemployment Insurance Weekly Claims Report was released
this morning for last week. Claims rose 43,000 from an upward revision of the
previous week to 431,000. That is a 10% increase for the week and a 4-week
moving average increase of 5.4%. Here is the official statement from the
Department of Labor:
In the week
ending April 30, the advance figure for seasonally adjusted initial claims was
474,000, an increase of 43,000 from the previous week’s revised figure of
431,000. The 4-week moving average was 431,250, an increase of 22,250 from the
previous week’s revised average of 409,000.
The advance
seasonally adjusted insured unemployment rate was 3.0 percent for the week
ending April 23, an increase of 0.1 percentage point from the prior week’s
unrevised rate of 2.9 percent.
The advance
number for seasonally adjusted insured unemployment during the week ending
April 23 was 3,733,000, an increase of 74,000 from the preceding week’s revised
level of 3,659,000. The 4-week moving average was 3,700,750, a decrease of
1,250 from the preceding week’s revised average of 3,702,000.
Today’s number
was 18.5% higher than the Briefing.com consensus expectation of 400,000 claims.
As we can see,
there’s a good bit of volatility in this indicator, which is why the 4-week
moving average (shown in the callouts) is a more useful number than the weekly
data.
[ chart
http://dshort.com/charts/indicators/weekly-unemployment-claims.gif ]
Occasionally I
see articles critical of seasonal adjustment, especially when the non-adjusted
number better suits the author’s bias. But a comparison of these two charts
clearly shows extreme volatility of the non-adjusted data, and the 4-week MA
gives an indication of the recurring pattern of seasonal change in the second
chart (note, for example, those regular January spikes).
Because of the
extreme volatility of the non-adjusted weekly data, a 52-week moving average
gives a better sense of the long-term trends.
The Bureau of
Labor Statistics provides an overview on seasonal adjustment here (scroll down about
half way down).
Doug Short Ph.d is the author
of dshort.com.’
Closer
Than We'd Like to Think to a Second Banking Crisis? The Inflation Trader
UBS
bank admits rigging bids (Washington Post)
Swiss bank reaped millions of dollars of illegal profits by rigging
municipal bond transactions in 36 states, government said. [ The key here is
‘Swiss’ and ‘millions of dollars of illegal profits’ when the american banks /
wall street frauds’ generated hundreds of billions in illegal profits, which
frauds continue to this day by way of slightly subdued high-frequency trading /
commission-generated scams along with cover-up and cash-out from the last,
still unprosecuted fraud in the trillions for which disgorgement, fines is long
overdue. 24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline and it is getting really hard to deny
it. ..’ ] States
face shortfall for retirees (WP)
Public workers’ retirement funds had a gap of $1.26 trillion at the end
of fiscal 2009, a report says.
Study:
Affordable rentals scarce (WP)
Poll:
For Obama, low marks on Afghan war (WP)
More Americans disapprove of President Obama’s management of the war in
Afghanistan than support it, according to a new Washington Post-ABC News poll,
a finding that reflects the public’s broader concern over the course of the
nearly decade-old conflict.
Fuel
prices cut into Obama popularity
(WP) (The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast
turmoil to obfuscate their failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Return of Inflation: 5 Worrying Signs From Friday's NY Times ]
Is
this a Republican distress call? (Washington Post) The first presidential
primary debate will be distinguished more by who isn’t there than who is. [
What do debates matter in pervasively corrupt, defacto bankrupt america? Take
‘wobama the b’ for b***s***. What did what he said in debates actually matter
in reality. Wobama, the failed president as was his predecessor, is a complete
and total fraud. Let
the budget battle begin After two weeks of tumultuous meetings with
constituents, Congress returns to a lengthy fight over the nation’s solvency.
(WP) [
Or more aptly put, stated another way, the nation’s solvency is over. ..
america’s defacto bankrupt with no end in sight.. interest alone is eating
progressively into GDP beyond the subterfuge.. Gerson:
How serious are we about the deficit? (WP) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘..And here
comes the first indicator that Q2 GDP is about to be mass revised by everyone,
courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed
collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since
November 2010… This is an
especially great opportunity to sell / take profits while you still can since
there's much worse to come!
U.S. Economy Remains on Life Support Hansen ‘
- The Federal Reserve press
conference by Chairman Bernanke which contained almost no new economic
insights; and,
- An FOMC
meeting with no policy changes or insights..
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’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
Dionne:
Who is Obama? Now we know. (Washington Post) [ Oh really? Now you tell us
what you really know about this fraud and failed president. Barack Obama: The
Naked Emperor Shocking but true revelations from David Icke (a must read) | ‘…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... 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 .. - Goldman, UBS, Citi, Credit Suisse, Deutsche, J.P. Morgan
Chase, Morgan Stanley, etc. No wonder he went back on his pledge to accept the
limitations of public funding … Obama is just more of the same, a big smile
with strings attached, and controlled completely by those that chose him,
trained him, sold him and provided his record funding, kept his many skeletons
under wraps, like the gay sex and crack cocaine .. 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?), ... Obama is just another Banksters' moll
prostituting himself .., 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, …
Zionist Tim Geithner (Bilderberg Group, Trilateral Commission, Council on
Foreign Relations), was appointed Treasury Secretary, 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, Citi, Council on Foreign Relations, and economic advisor to Obama.
Rubin, ..Illuminati Bilderberg Group, the man behind Citi's debacle.. rescued
by taxpayers' money. The very people who caused the financial crisis ..
appointed by Obama .. 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
...’ Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama has promised to hold Wall Street
accountable for the meltdown. ):
‘THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv ]
George
W. Bush years echo through Obama’s signature security success (Washington Post) The president finds himself
in contested legal terrain over how to fight stateless enemies. [ Like the two
subject failed presidents, the press is
sounding dumb and dumber on this ‘escapade’.
Red Alert: Government Had Osama bin Laden Frozen for Years
Kurt Nimmo and Alex Jones | Obama makes a suspiciously timed speech, claims
Osama killed in Pakistan. Videos [ As set forth infra, I personally believe
Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc.. His
‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at most yield a pyrrhic victory
which also would require for consummation a wrap-up of this nation-bankrupting
contrived war scenario, which is not likely. Moreover, the same comes at a time of systemic failure for pervasively
corrupt, defacto bankrupt america While the ‘announcement’ plays well for the
nonce, to the dumb, uninformed back home, the same will galvanize resistance in the name of their now
martyr, Osama Bin Laden. In sum, other than somewhat questionable propaganda
value, the announcement will have no measurable effect on america’s continuing
mideast / global debacle. In other words, defacto bankrupt america has used up
a ‘bullet’, albeit a blank at that! ]
In February,
2004, Iranian state radio claimed Osama bin Laden had been
captured in Pakistan’s border region with Afghanistan “a long time ago.”
Pentagon and Pakistani officials denied the report. “Osama bin Laden has been
arrested a long time ago, but Bush is intending to use it for propaganda
maneuvering in the presidential election,” the radio report said…’ Obama’s
victory lap (Washington Post) The killing
of bin Laden offered hope of instant renewal. [ Only wobama aficionado Mr.
Milbank could latch onto this propagandist Orwellian dream and call it victory.
Sounds like he’s shootin’ for a job in this failed presidency/administration as
others, including from the Post, have done and made. 10
Reasons 2011 Is Feeling More and More Like 2008 Jensen ]
White
House goes quiet on bin Laden raid
(WashPost) As further questions about the original story surfaced,
officials said they will neither release photos of a bloodied terrorist leader
nor provide new details about the raid on his compound in Pakistan. [ OBL
miraculously cured himself of kidney
failure/ no shots fired/Was Bin Laden Assault A Jessica Lynch-Style Fable? Watson | Myriad of inconsistencies in
alleged raid begin to resemble war propaganda fairytales told about Private
Lynch and Pat Tillman Police State Expands On Bin Laden Death Hype Nimmo ‘World
is safer,’ president says Osama exposed his cowardice. (WP) [ This former cia-supported ally may be
legitimately described as many things; but coward is not one of them.
Principled in giving up riches, comfort, he said americans are thieves; that is absolutely true, and I would
add frauds, criminals, war criminals. Bullies / cowards;ie., wobama, bush,
clinton, cheney, bush, et als Psychology forum Re: Bystander
Effect ‘ I believe the foregoing psycho-babble to be
Rubbish/Hogwash/b.s.
While walking through Military Park
(“park”/pedestrian thoroughfare/cement walks) in newark, n.j., 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...
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, 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). I testified at
the Grand Jury Proceeding (he went to prison – pled out). (The other case I
wrote about here - 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, ..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).
CONCLUSION
The reality is that quite
simply, the vast and overwhelming majority of americans are without any courage
whatsoever. They are cowards, plain and simple. All the excuses, psycho-babble,
in the world will not change that fact! ]
Drudgereport: CNN
SHOCK POLL: RON PAUL HAS BEST CHANCE VS OBAMA
National
Home Prices Double Dip...
JOBLESS
CLAIMS RISE TO 8 MONTH HIGH...
Fears
linger of a new 'flash crash'...
9-11
FAMILY: 'SHOW US PROOF BIN LADEN KILLED'...
Victim's
father: Obama 'putting too much spotlight on himself'...
Channels
Bush at Ground Zero: 'We will never forget'...
Tells
teen survivor he knows
Justin Bieber...
Turns
Back on 9/11 Family Member...
AUDIO...
Muslim
Brotherhood urges review of Israel ties...
Pakistanis
burn U.S. flags; backlash over death grows...
Pakistan
officials: No resistance in 'cold-blooded' U.S. raid...
Warns
America not to stage any more...
Threatens
'disastrous consequences'...
Muslims
already name dump location 'Martyr's Sea'...
OBAMA,
NO PHOTOS OF OSAMA: 'We don't need to spike the football'...
'Conspiracy theorists will just claim doctored'...
Sen.
Scott Brown: 'I've seen picture, he's definitely dead'...
UPDATE:
Photo proving bin Laden's death to Sen. Brown was
faked...
three
senators fell for fakes...
UPDATE:
'The photo I saw and that a lot of other people saw is not authentic'...
Top
Dem: No photo needed, 'there's absolute proof'...
REUTERS RELEASES 'DEATH SCENE' PHOTOS
**WARNING GRAPHIC**
UPDATE: Photo proving bin Laden's death to Sen. Brown was faked...
Possibly
three senators fell for fakes...
Pakistan:
'Not a single bullet fired from compound'...
WIRE:
Photos from 1 hour after raid show 3 dead, no weapons...
The
Slippery Story of the bin Laden Kill...
Official says 'killed apparently
by the U.S. raid team'...
DOLLAR
HITS 3 YEAR LOW...
1
IN 7 ON FOOD STAMPS!
Job
numbers disappoint...
Treasury
suggests $2 trillion debt cap raise...
Are
We Headed for a Major Correction?
The Housing Time Bomb ‘I wanted to take a few minutes and share a chart
with you. As you all know I am not much of a T/A guy. However, over the longer
term, I do watch them from time to time.
I often watch
the Russell 2000 when I am looking for a trend change because it's usually the
first sector that rolls over during bear markets.
After taking a peak at the monthly of the Russell, I couldn't help but take
notice of an almost perfect double top:
http://static.seekingalpha.com/uploads/2011/5/4/saupload_2011_05_03_tos_charts.png
My Take:
The Russell is
much more sensitive than the rest of the market because it is comprised of
smaller companies with matching smaller balance sheets. Therefore, they are
much more susceptible to a weakening economy versus a huge company like Apple (AAPL) that
sits on tens of billion in cash.
As a result,
when things start to head south as a result of things like $4 gas, the market
tends to sell these names first. The fact that it couldn't hold the trendline
after breaking through the 2007 highs is something to take note of.
The
Bottom Line:
So are we due
for a major correction? Hard to tell. The Fed seems obsessed with taking the
market higher, and it has decided to destroy our currency in order to due so in
the process.
The reality
here is no one wins this game if the dollar loses because stocks are priced in
dollars, and if the currency cracks it's not going to matter where the market
is.
The market, in
my opinion, seems to be struggling with a colossal battle between the powerful
forces of debt deflation and deleveraging, versus the equally powerful forces
of inflation via currency debasing courtesy of the easy money Fed.
This battle
has become a personal struggle for myself, which is why I haven't had much to
say recently. Part of me believes that debt deflation is inevitable as the
world realizes the trillions of digital dollars that people moronically
borrowed over the past decade will never be paid back.
However, at
the same time, you also have extremely powerful inflationary forces that are
being created by the Fed as they continue money printing and keeping rates low
at the same time the rest of the world takes rates higher. India just raised
rates by .50 basis points yesterday.
Who will win
this battle? Hard to say. I am positioning myself for both.
What I can
tell you is what I have done with my positions recently:
I sold out of
50% of my silver at around $45. Things got a little too bubbly for me here. I
will look for cheaper prices.
I shorted the
Russell last week via TWM. I also continue holding some small short positions
in SDS and QID.
On the long side I bought the nuclear stock EXC
when it got oversold following the Japanese nuclear disaster and I also added
the titanium stock TIE.
I still hold
the majority of my money in cash which at any moment could become worthless.
This is a scary proposition to me but the way I see it the dollar should rise
before it tanks because I think Europe is going to go down before we do.
Greece will
default by the end of the year. The market has already priced it in. The
rippling effects of this in terms of the rest of the PIIGS are flat out
frightening to me but there is nothing I can do to control it.
All I can do
here is stick to the fundamentals and the most important one to remember is
risk is relative! As a result, I don't believe the dollar is toast just yet
because the bond market continues to tell us that we are the best looking horse
in the glue factory of bankrupt countries.
I write this
post as a warning that something big could be coming. Please play defense and
be safe.’
Let
the budget battle begin After two weeks of tumultuous meetings with
constituents, Congress returns to a lengthy fight over the nation’s solvency.
(Washington Post) [ Or more aptly put, stated another way, the
nation’s solvency is over. Now that would be cutting to the chase. After all,
it’s a little late for ‘budget bustin’ heroics’. Quite simply, america’s
defacto bankrupt with no end in sight, such being the insurmountable nature of
same where interest alone is eating progressively into GDP beyond the
subterfuge, smoke and mirrors, diversions. Gerson:
How serious are we about the deficit? (Washington Post) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘On Thursday April 21,
2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is
about to be mass revised by everyone, courtesy of Japan, and ongoing inflation
pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high)
to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! U.S. Economy Remains on Life Support Hansen ‘This
has been a whirlwind week for intangible monetary policy news which was lead
by:
- The Federal Reserve press
conference by Chairman Bernanke which contained almost no new economic
insights; and,
- An FOMC
meeting with no policy changes or insights.
My foggy long range economic view is of a moderately
improving economy which is fighting growing fiscal headwinds. My takeaway from
from the press conference and FOMC meeting was a fairly strong opinion by
Chairman Bernanke that the economy was gaining enough traction to stand on its
own without further accommodation.
A deeper look at advance 1Q2011 GDP real growth of
1.8% should quickly dispel this.
The economy is still in recession if the economic
effects of the automatic
stabilizers are taken into consideration. Automatic stabilizers are
automatic changes in the government’s revenues and outlays that are
attributable to cyclical movements in real output.
http://static.seekingalpha.com/uploads/2011/5/1/saupload_z_weekly13.png
…
]
U.S.
debt Running in the red: How the U.S., on the road to surplus, detoured to
massive debt (Washington Post) [ Detour,
towar’, war … thieving, raping, pillaging and plundering … 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! ‘ … Philadelphia
Fed Depresses Economists Durden ‘And here comes the first indicator that Q2
GDP is about to be mass revised by everyone, courtesy of Japan, and ongoing
inflation pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27
year high) to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take
profits while you still can since there's much worse to come!
WallStCheatSheet:
- Market Direction : Regardless of the underlying
trends, if the market is moving lower, in many instances the market dip
can overwhelm any positive, stock- specific factors.
- Profit Taking : Many times investors holding a
long position will have price targets or levels, if achieved, that will
trigger selling whether positive elements are in place or not.
- Interest Rates : Certain valuation techniques
(e.g. Discounted Cash Flow and Dividend Discount Model) integrate interest
rates into the value calculation. Therefore, a climb in interest rates has
the potential of lowering stock prices – even if the dynamics surrounding
a particular security are excellent.
- Quality of Earnings : Sometimes producing
winning results is not enough. On occasion, items such as one-time gains,
aggressive revenue recognition, and lower than average tax rates assist a
company in getting over a profit hurdle. Investors value quality in
addition to quantity.
- Outlook : Even if current period results may be
strong, on some occasions a company’s outlook regarding future prospects
may be worse than expected. A dark or worsening outlook can pressure
security prices.
- Politics & Taxes : These factors may prove
especially important to the market this year, since this is a mid-term
election year. Political and tax policy changes today may have negative
impacts on future profits, thereby impacting stock prices.
- Other Exogenous Items : Natural disasters and
security attacks are examples of negative shocks that could damage price
values, irrespective of fundamentals.
Obama’s
victory lap (Washington Post) The
killing of bin Laden offered hope of instant renewal. [ Only wobama aficionado
Mr. Milbank could latch onto this propagandist Orwellian dream and call it
victory. Sounds like he’s shootin’ for a job in this failed
presidency/administration as others, including from the Post, have done and
made. 10
Reasons 2011 Is Feeling More and More Like 2008 Jensen ‘The market ended
April as it began, grinding up on low volume, ignoring increasingly worsening
energy prices, continued turmoil in the Middle East and slowing worldwide
economic growth. To me it feels like we are in the calm before the storm. More
specifically, it eerily feels like the months before the financial crisis and
meltdown of 2008. The similarities are striking to me and think the market is
ignoring the signs of an impending and significant pullback over the summer.
Here are ten
reasons 2011 is starting to feel so much like 2008.
- Gas prices
are rising rapidly and starting to impact consumer spending and sentiment. On Thursday, gas prices hit this highest level
since July 31st, 2008 and have risen every month since last
August, up over 30% since the “Arab Spring” commenced in Tunisia. Consumer
discretionary stocks are particularly vulnerable. Avoid high priced
retailers like Lululemon (LULU) and Under Armour (UA)
as well as retailers focused on demographics especially vulnerable to high
gas prices, such as Abercrombie & Fitch (ANF).
- Despite
numerous federal programs (mostly failed), the housing market remains moribund. Prices continue to fall across most markets in
the United States, albeit at a slower rate than 2008 and in the immediate
aftermath of the financial crisis. New housing starts are bumping along at
record lows and are contributing little to job growth.
- The
Federal Reserve continues to be behind the curve. In 2008, the subprime loan problem was
“contained”. In 2011, Bernanke can’t seem to see any signs of inflation
despite rapidly rising energy and food prices (they are not “core”
components of the Index Blind Ben places his faith in, after all) or all
through the commodity complex.
- In 2008,
we were fighting military actions in two Middle Eastern countries; Iraq
and Afghanistan. In 2011, we are still fighting in Iraq and Afghanistan
and have added ½ a war in Libya, which we have outsourced to NATO. Given the quickening pace of unrest in that
volatile area of the world and our incoherent policy .. However, given the
worsening events in the region, a higher floor for oil prices has been
established in the short and medium term.
- World food
prices increased dramatically in the 1st and 2nd quarter of 2008 creating
a global crisis and
causing political and economical instability and social unrest in both
poor and developed nations. The price of wheat has gone up 75% in the last year and many
foodstuffs have more than doubled in price over the last twelve months. In
2008, this produced food riots in many developing countries. In 2011, we
have uprisings throughout the Middle East ..
- In May
2008, the market was worried about which was the next financial
institution to fall after the Bear Stearns debacle. In May 2011, the market is waiting to see what
European sovereign state will be the next to need a bailout after Greece,
Ireland and Portugal and what the ramifications will be for the credit
markets.
- In 2008,
gold hit $900 an ounce in January of that year and $1000 an ounce for the
first time in March 2008.
In 2011, gold and silver just hit all time highs last week with gold
hitting $1535 an ounce and silver in a distinct bubble at $50 an ounce.
- As in
2008, U.S. GDP growth was anemic in the first quarter. In 2008, economic growth clocked in at .6% in
Q1. In 2011, GDP growth was better at 1.8% but show a significant slowdown
from the previous quarter.
- As in
2008, the fiscal and monetary policies of the United States have led to a
decline in the value of its currency. Despite significant problems in Europe and
Japan, the dollar index just hit its lowest point since July 2008. This is
a major contributor to the increasing inflation ..
- In 2008,
China, the world’s third largest economy, instituted a series of measures
to curb growth in order to address increasing inflation and the beginnings
of a property bubble.
The Shanghai Index fell over 10% in the first half of 2008. In 2011, ..the
Shanghai Index has been flat despite the S&P being up approximately
15% over the same time period ]
SPX
Pullback History: 2009-2011
[chart http://static.seekingalpha.com/uploads/2011/5/3/saupload_spxpullbacks09_11050311.png ]
CHART
OF THE DAY: Watch the US Debt Set a 60 Year Record
‘World
is safer,’ president says Osama bin Laden is portrayed as a reclusive figure
whose final moments exposed his cowardice. (Washington Post) [ This former cia-supported ally may be
legitimately described as many things; but coward is not one of them.
Principled in giving up riches, comfort, he said americans are thieves; that is absolutely true, and I would
add frauds, criminals, war criminals. Bullies / cowards;ie., wobama, bush,
clinton, cheney, bush, et als … - I wrote: Psychology
forum Re: Bystander Effect ‘… I believe the
foregoing psycho-babble to be absolute, unequivocal
Rubbish/Hogwash/b.s.
The foregoing web site is, from direct experience,
lacking credibility. 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 - 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).
CONCLUSION
The reality, though difficult for many, including
psychologists to accept is that quite simply, the vast and overwhelming
majority of americans are without any courage whatsoever. They are cowards,
plain and simple. All the excuses, rationalizations, etc., psycho-babble if you
will, in the world will not change that fact. I could cite numerous instances
involving white collar/RICO crimes involving such cowardice as well. I
understand statistics, the term ad hoc, sampling, etc.. The conclusion stands!.
Red Alert: Government Had Osama bin Laden Frozen for Years
Kurt Nimmo and Alex Jones | Obama makes a suspiciously timed speech, claims
Osama killed in Pakistan. Videos [ As set forth infra, I personally believe
Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of longevity
/ mortality rates for those so afflicted, particularly under the ‘stressful’
circumstances involving evading capture, betrayal for money, etc.. His
‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at most yield a pyrrhic victory
which also would require for consummation a wrap-up of this nation-bankrupting contrived
war scenario, which is not likely. Moreover, the same comes at a time of systemic failure for pervasively
corrupt, defacto bankrupt america While the ‘announcement’ plays well for the
nonce, to the dumb, uninformed back home, the same will galvanize resistance in the name of their now
martyr, Osama Bin Laden. In sum, other than somewhat questionable propaganda
value, the announcement will have no measurable effect on america’s continuing
mideast / global debacle. In other words, defacto bankrupt america has used up
a ‘bullet’, albeit a blank at that! ]
In February,
2004, Iranian state radio claimed Osama bin Laden had been
captured in Pakistan’s border region with Afghanistan “a long time ago.”
Pentagon and Pakistani officials denied the report. “Osama bin Laden has been
arrested a long time ago, but Bush is intending to use it for propaganda
maneuvering in the presidential election,” the radio report said…’ ]
Drudgereport:
The official, who
wished to remain anonymous, sold the pictures to REUTERS...
Recovery
efforts may be bad for dollar (Washington Post) U.S. efforts to speed the
economic recovery could transform the currency’s slow decline into a
precipitous fall. [ Oh, riiiiight! That ‘method’ to their madness. I’d like to
know at this point in the continuing debacle just what possibly could be
realistically good for the dollar. SPX
Pullback History: 2009-2011
chart http://static.seekingalpha.com/uploads/2011/5/3/saupload_spxpullbacks09_11050311.png
As
Food Stamp Recipients Hit New Record, 400 Americans Account For 10% Of Capital
Gains Today SNAP released the most recent food stamp numbers. Not
surprisingly, we just saw another all time high 44.2 million poverty-level
Americans relying on government funding for day to day sustenance. ]
Deal
on controlling debt stalls (Washington Post) A bipartisan effort to rein in
the national debt stalls, as members of the Senate’s so-called Gang of Six
signal that an agreement is unlikely to come in time for the start of White
House-led budget talks. [ Who woulda’ thunk it? Riiiiight! Stalling in
washington … I’ve experienced it myself.
Let
the budget battle begin After two weeks of tumultuous meetings with
constituents, Congress returns to a lengthy fight over the nation’s solvency.
(Washington Post) [ Or more aptly put, stated another way, the
nation’s solvency is over. Now that would be cutting to the chase. After
all, it’s a little late for ‘budget
bustin’ heroics’. Quite simply, america’s defacto bankrupt with no end in
sight, such being the insurmountable nature of same where interest alone is
eating progressively into GDP beyond the subterfuge, smoke and mirrors,
diversions. Gerson:
How serious are we about the deficit? (Washington Post) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘On Thursday April 21,
2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is
about to be mass revised by everyone, courtesy of Japan, and ongoing inflation
pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high)
to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! U.S. Economy Remains on Life Support Hansen ‘This has been a whirlwind week for intangible
monetary policy news which was lead by:
- The Federal Reserve press
conference by Chairman Bernanke which contained almost no new economic
insights; and,
- An FOMC
meeting with no policy changes or insights.
…
A deeper look at advance 1Q2011 GDP real growth of
1.8% should quickly dispel this.
The economy is still in recession if the economic
effects of the automatic
stabilizers are taken into consideration. Automatic stabilizers are
automatic changes in the government’s revenues and outlays that are
attributable to cyclical movements in real output.
http://static.seekingalpha.com/uploads/2011/5/1/saupload_z_weekly13.png
…]
Rising
gas prices shift debate (Washington
Post) A year after a massive oil spill, a single concern is prompting push for
more drilling: $4-a-gallon gas. [Ah, riiiiight! Drilling … that’s it … not an
end to ‘no-recession-helicopter ben-b.s. bernanke’s’ dollar debasement policies
with the predictable consequences we’re seeing (including $4 gas), which among
other manipulations have been great for the frauds on wall street and ‘the
few’, to the detriment of virtually everyone else. SPX
Pullback History: 2009-2011
[chart http://static.seekingalpha.com/uploads/2011/5/3/saupload_spxpullbacks09_11050311.png ]
As
Food Stamp Recipients Hit New Record, 400 Americans Account For 10% Of Capital
Gains Today SNAP released the most recent food stamp numbers. Not
surprisingly, we just saw another all time high 44.2 million poverty-level
Americans relying on government funding for day to day sustenance. ]
White
House says bin Laden was unarmed, had no human shield (Washington Post)
Officials attribute initial missteps to administration’s “great haste” in
trying to share details even while operational updates were still pouring in. [
I don’t believe anything the u.s. government says … I can’t believe there are
people dumb enough to believe anything the u.s. government says. Bin
Laden was unarmed when SEALs stormed room (AP) AP - Osama bin Laden was
unarmed when Navy SEALs burst into his room and shot him to death, the White
House said Tuesday, a change in the official account that raised questions… White House struggles to get story right on raid (AP)
CIA Employs Theatrics to Heighten Drama in Osama Murder
Photo Release Kurt Nimmo
| Photo will be offered as final proof Navy Seals double-tapped Osama.
Forget Pakistan, US Knew Bin Laden’s Location All Along Paul Joseph Watson | US intelligence
pinpointed terror leader’s precise location on numerous occasions and let him
escape every time.
More Fake Photos of a Dead bin Laden and Son Circulate
the Web Matt Ryan
| After only a brief examination, it’s clear they are obvious fakes.
Alex Jones Special Broadcast on The Bin Laden Hoax Infowars.com
EPIC
FAIL: The US Government’s History Of Fake Bin Laden Tapes When has the US
government and its corporate mouthpiece media ever produced anything authentic
and credible as far as Bin Laden goes?
The
Dead Bin Laden Photo Does Nothing To Address These Facts The establishment
media has manufactured a strawman argument centered around the false premise
that when the White House releases an image of Osama Bin Laden with a bullet
through his head, which we’re told is imminent, that instantly puts to bed
every “conspiracy theory” (ie truth and documented cover-up) surrounding OBL’s
dubious history as the head of Al-Qaeda, a US intelligence front.
Pakistan
Could Be Linked To OBL – But The CIA Defninitely Is
Bin
Laden’s Neighbour: “None Of This Is True” A resident of Abbottabad says he
believes it is simply not true that Bin Laden was hiding out in a compound
within yards of his own home. ]
How
Pakistan responds will determine its future relationship with the U.S. (Washington Post) A final breach could put at
risk U.S.’s hope of military progress against Afghan Taliban insurgents. [ I
mean come on! You have to give Pakistan a little credit; that is, like Iraq, Afghanitstan, etc., it’s a
thanks but no thanks … look at the destruction, the raping, pillaging and
plundering by the war criminal americans. What we see on our propagandist,
filtered news couldn’t possibly reflect the real sentiments regarding
pervasively corrupt, defacto bankrupt, war criminal americans. Key
Afghan aid programs delayed (WP) [
Strategy? Critical time? We’ve heard that song before. And, yet another nation
and innocent lives destroyed for no good reason .. Petraeus
to helm more-militarized CIA (WP) [
I believe there has already been a defacto coup d’etat in america.
Drudgereport: Pentagon Warns Obama Against Deeper Defense Cuts 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 fear of
prosecution, 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.),military and
private big money, ie., wall street men, etc… http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Top
Mexican Drug Lord: I Trafficked Cocaine For The U.S. Government .. CIA
torture jet that crashed with four tons on cocaine on board back in 2007 has
told the U.S. District Court for the Northern District of Illinois in Chicago
that he has been working as a U.S. government asset for years. Rendition:
Where the War on Terror Meets the War on Drugs Henningsen
| ... I’ve experienced the corrupt inter-relationship of the government (all 3
branches) and the illegal drug trade / obstruction of justice / bribery,
particularly the courts / u.s. attorneys (ie., alito – now u.s. supreme court
justice – quid pro quo for complicity / cover-up),
… “torture taxis” – used by the CIA to move captives seized in its
kidnapping or “extraordinary rendition” operations .. simultaneously used for
drug distribution .. 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- same planes chartered to the CIA for
the rendition of suspected terrorists prisoners…’]
SPX
Pullback History: 2009-2011
[chart http://static.seekingalpha.com/uploads/2011/5/3/saupload_spxpullbacks09_11050311.png ]
CHART
OF THE DAY: Watch the US Debt Set a 60 Year Record
Wall Street falls as earnings fears threaten rally (Reuters) - Reuters - stocks fell on Tuesday as investors
questioned the sustainability of the rally in light of fresh worries about
earnings growth in the coming quarters.
US
Debt Rating Should Be ‘C’: Independent Agency There have been increasing
concerns about the fate of United States’ prized triple-A sovereign debt
rating. While Standard and Poor’s recently downgraded its U.S. debt outlook to
negative from stable, implying that a ratings cut could happen in two years,
one independent ratings agency has given the U.S. sovereign rating a “C”.
As
Food Stamp Recipients Hit New Record, 400 Americans Account For 10% Of Capital
Gains Today SNAP released the most recent food stamp numbers. Not
surprisingly, we just saw another all time high 44.2 million poverty-level
Americans relying on government funding for day to day sustenance.
‘World
is safer,’ president says Osama bin Laden is portrayed as a reclusive
figure whose final moments exposed his cowardice. (Washington Post) [ This former cia-supported ally may be
legitimately described as many things; but coward is not one of them.
Principled in giving up riches, comfort, he said americans are thieves; that is absolutely true, and I would
add frauds, criminals, war criminals. Bullies / cowards;ie., wobama, bush,
clinton, cheney, bush, et als … - I wrote: Psychology
forum Re: Bystander Effect ‘… I believe the
foregoing psycho-babble to be absolute, unequivocal
Rubbish/Hogwash/b.s.
The foregoing web site is, from direct experience,
lacking credibility. 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 - 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).
CONCLUSION
The reality, though difficult for many, including
psychologists to accept is that quite simply, the vast and overwhelming
majority of americans are without any courage whatsoever. They are cowards,
plain and simple. All the excuses, rationalizations, etc., psycho-babble if you
will, in the world will not change that fact. I could cite numerous instances
involving white collar/RICO crimes involving such cowardice as well. I
understand statistics, the term ad hoc, sampling, etc.. The conclusion stands!.
Let
the budget battle begin After two weeks of tumultuous meetings with
constituents, Congress returns to a lengthy fight over the nation’s solvency.
(Washington Post) [ Or more aptly put, stated another way, the
nation’s solvency is over. Now that would be cutting to the chase. After
all, it’s a little late for ‘budget
bustin’ heroics’. Quite simply, america’s defacto bankrupt with no end in
sight, such being the insurmountable nature of same where interest alone is
eating progressively into GDP beyond the subterfuge, smoke and mirrors,
diversions. Gerson:
How serious are we about the deficit? (Washington Post) [ Not much! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘On Thursday April 21,
2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is
about to be mass revised by everyone, courtesy of Japan, and ongoing inflation
pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high)
to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come! U.S. Economy Remains on Life Support Hansen ‘This has been a whirlwind week for intangible
monetary policy news which was lead by:
- The Federal Reserve press
conference by Chairman Bernanke which contained almost no new economic
insights; and,
- An FOMC
meeting with no policy changes or insights.
My foggy long range economic view is of a moderately
improving economy which is fighting growing fiscal headwinds. My takeaway from
from the press conference and FOMC meeting was a fairly strong opinion by
Chairman Bernanke that the economy was gaining enough traction to stand on its
own without further accommodation.
A deeper look at advance 1Q2011 GDP real growth of
1.8% should quickly dispel this.
The economy is still in recession if the economic
effects of the automatic
stabilizers are taken into consideration. Automatic stabilizers are
automatic changes in the government’s revenues and outlays that are
attributable to cyclical movements in real output.
http://static.seekingalpha.com/uploads/2011/5/1/saupload_z_weekly13.png
…
]
U.S.
debt Running in the red: How the U.S., on the road to surplus, detoured to
massive debt (Washington Post) [ Detour,
towar’, war … thieving, raping, pillaging and plundering … 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! ‘
… Philadelphia
Fed Depresses Economists Durden ‘And here comes the first indicator that Q2
GDP is about to be mass revised by everyone, courtesy of Japan, and ongoing
inflation pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27
year high) to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take
profits while you still can since there's much worse to come!
WallStCheatSheet:
- Market Direction : Regardless of the underlying
trends, if the market is moving lower, in many instances the market dip
can overwhelm any positive, stock- specific factors.
- Profit Taking : Many times investors holding a
long position will have price targets or levels, if achieved, that will
trigger selling whether positive elements are in place or not.
- Interest Rates : Certain valuation techniques
(e.g. Discounted Cash Flow and Dividend Discount Model) integrate interest
rates into the value calculation. Therefore, a climb in interest rates has
the potential of lowering stock prices – even if the dynamics surrounding
a particular security are excellent.
- Quality of Earnings : Sometimes producing
winning results is not enough. On occasion, items such as one-time gains,
aggressive revenue recognition, and lower than average tax rates assist a
company in getting over a profit hurdle. Investors value quality in
addition to quantity.
- Outlook : Even if current period results may be
strong, on some occasions a company’s outlook regarding future prospects
may be worse than expected. A dark or worsening outlook can pressure
security prices.
- Politics & Taxes : These factors may prove
especially important to the market this year, since this is a mid-term
election year. Political and tax policy changes today may have negative
impacts on future profits, thereby impacting stock prices.
- Other Exogenous Items : Natural disasters and
security attacks are examples of negative shocks that could damage price
values, irrespective of fundamentals.
Obama’s
victory lap (Washington
Post) The killing of bin Laden offered
hope of instant renewal. [ Only wobama aficionado Mr. Milbank could latch onto
this propagandist Orwellian dream and call it victory. Sounds like he’s
shootin’ for a job in this failed presidency/administration as others,
including from the Post, have done and made.
10
Reasons 2011 Is Feeling More and More Like 2008 Jensen ‘The market
ended April as it began, grinding up on low volume, ignoring increasingly
worsening energy prices, continued turmoil in the Middle East and slowing
worldwide economic growth. To me it feels like we are in the calm before the
storm. More specifically, it eerily feels like the months before the financial
crisis and meltdown of 2008. The similarities are striking to me and think the
market is ignoring the signs of an impending and significant pullback over the
summer.
Here are ten
reasons 2011 is starting to feel so much like 2008.
- Gas prices
are rising rapidly and starting to impact consumer spending and sentiment. On Thursday, gas prices hit this highest level
since July 31st, 2008 and have risen every month since last
August, up over 30% since the “Arab Spring” commenced in Tunisia. Consumer
discretionary stocks are particularly vulnerable. Avoid high priced
retailers like Lululemon (LULU) and Under Armour (UA)
as well as retailers focused on demographics especially vulnerable to high
gas prices, such as Abercrombie & Fitch (ANF).
- Despite
numerous federal programs (mostly failed), the housing market remains
moribund. Prices continue
to fall across most markets in the United States, albeit at a slower rate
than 2008 and in the immediate aftermath of the financial crisis. New
housing starts are bumping along at record lows and are contributing
little to job growth.
- The
Federal Reserve continues to be behind the curve. In 2008, the subprime loan problem was
“contained”. In 2011, Bernanke can’t seem to see any signs of inflation
despite rapidly rising energy and food prices (they are not “core”
components of the Index Blind Ben places his faith in, after all) or all
through the commodity complex.
- In 2008,
we were fighting military actions in two Middle Eastern countries; Iraq
and Afghanistan. In 2011, we are still fighting in Iraq and Afghanistan
and have added ½ a war in Libya, which we have outsourced to NATO. Given the quickening pace of unrest in that
volatile area of the world and our incoherent policy .. However, given the
worsening events in the region, a higher floor for oil prices has been
established in the short and medium term.
- World food
prices increased dramatically in the 1st and 2nd quarter of 2008 creating
a global crisis and
causing political and economical instability and social unrest in both
poor and developed nations. The
price of wheat has gone up 75% in the last year and many foodstuffs have
more than doubled in price over the last twelve months. In 2008, this
produced food riots in many developing countries. In 2011, we have
uprisings throughout the Middle East ..
- In May
2008, the market was worried about which was the next financial
institution to fall after the Bear Stearns debacle. In May 2011, the market is waiting to see what
European sovereign state will be the next to need a bailout after Greece,
Ireland and Portugal and what the ramifications will be for the credit
markets.
- In 2008,
gold hit $900 an ounce in January of that year and $1000 an ounce for the
first time in March 2008.
In 2011, gold and silver just hit all time highs last week with gold
hitting $1535 an ounce and silver in a distinct bubble at $50 an ounce.
- As in
2008, U.S. GDP growth was anemic in the first quarter. In 2008, economic growth clocked in at .6% in
Q1. In 2011, GDP growth was better at 1.8% but show a significant slowdown
from the previous quarter.
- As in
2008, the fiscal and monetary policies of the United States have led to a
decline in the value of its currency. Despite significant problems in Europe and
Japan, the dollar index just hit its lowest point since July 2008. This is
a major contributor to the increasing inflation ..
- In 2008,
China, the world’s third largest economy, instituted a series of measures
to curb growth in order to address increasing inflation and the beginnings
of a property bubble. The
Shanghai Index fell over 10% in the first half of 2008. In 2011, ..the
Shanghai Index has been flat despite the S&P being up approximately
15% over the same time period
]
Osama
bin Laden was discovered ‘hiding in plain sight’ in Pakistan (Washington Post) U.S. officials begin to
provide details on the chronology of events. [
Intel Chief: They Killed “Make Believe Obama” Kurt Nimmo | Hamid Gul says event was a “make believe drama”
designed to be used for Obama’s upcoming re-election campaign.
Police State Kicks Into Overdrive On Dubious News of
Osama Takedown Kurt Nimmo |
Increased police presence in New York, Washington, Los Angeles, Seattle, and
elsewhere around the country.
Red Alert: Government Had Osama bin Laden Frozen for Years
Kurt Nimmo and Alex Jones | Obama makes a suspiciously timed speech, claims
Osama killed in Pakistan. Videos [ As set forth infra, I personally believe
Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc..
His ‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at most yield a pyrrhic victory
which also would require for consummation a wrap-up of this nation-bankrupting
contrived war scenario, which is not likely. Moreover, the same comes at a time of systemic failure for pervasively
corrupt, defacto bankrupt america While the ‘announcement’ plays well for the
nonce, to the dumb, uninformed back home, the same will galvanize resistance in the name of their now
martyr, Osama Bin Laden. In sum, other than somewhat questionable propaganda
value, the announcement will have no measurable effect on america’s continuing
mideast / global debacle. In other words, defacto bankrupt america has used up
a ‘bullet’, albeit a blank at that! ]
In February,
2004, Iranian state radio claimed Osama bin Laden had been
captured in Pakistan’s border region with Afghanistan “a long time ago.”
Pentagon and Pakistani officials denied the report. “Osama bin Laden has been
arrested a long time ago, but Bush is intending to use it for propaganda
maneuvering in the presidential election,” the radio report said…’ ]
The
Dead Bin Laden Photo Does Nothing To Address These Facts The establishment
media has manufactured a strawman argument centered around the false premise
that when the White House releases an image of Osama Bin Laden with a bullet
through his head, which we’re told is imminent, that instantly puts to bed
every “conspiracy theory” (ie truth and documented cover-up) surrounding OBL’s
dubious history as the head of Al-Qaeda, a US intelligence front.
Pakistan
Could Be Linked To OBL – But The CIA Defninitely Is In the video below,
John Brennan, the chief counter-terrorism adviser for the globalists, tells us
the government is looking into a connection between Pakistan and Osama and the
scary terror group named after a Mujahideen database.
Bin
Laden’s Neighbour: “None Of This Is True” A resident of Abbottabad says he
believes it is simply not true that Bin Laden was hiding out in a compound
within yards of his own home.
Washington
Post: Report of bin Laden’s death spurs questions from conspiracy theorists While
much of America celebrated the dramatic killing of Osama bin Laden, the Sept.
11 conspiracy theorists still had questions. For them and a growing number of
skeptics, the plot only thickened.
RASMUSSEN:
No ‘Immediate Bounce’ for Obama Thursday will be the first update based
entirely upon interviews conducted after the Bin Laden story broke.
White
House Struggles To Get Its Lies Straight In Telling Bin Laden Fairytale The
White House backed away Monday evening from key details in its narrative about
the raid that killed Osama bin Laden, including claims by senior U.S. officials
that the Al Qaeda leader had a weapon and may have fired it during a gun battle
with U.S. forces.
Obama
Shamefully Exploits Bin Laden Fairytale In Transparent PR Stunt Mirroring
how George W. Bush stood on the rubble of the twin towers to perform a staged
public relations stunt in the aftermath of 9/11 as he enjoyed a huge surge in
popular approval, Barack Obama is attempting to pull off the same trick,
invoking “9/11-style unity” and busily heading to ground zero tomorrow to
shamefully exploit the Bin Laden fairytale his administration has crafted.
Drudgereport: IMAM:
'Dogs should not rejoice too much for killing lions'...
IMAM VOWS REVENGE
UN
rights boss asks US for facts on bin Laden killing...
Pakistan
condemns 'unauthorized unilateral action'...
PANETTA: Photo coming...
One image
shows a bullet wound to his head above his left eye...
Likely to become most viewed photographs in modern
history...
Will
death image silence doubters or fan flames?
CARNEY:
Release 'could be inflammatory'...
Concerned with Muslim 'sensitivities'...
Should
news organizations publish?
What
bin Laden photos show...
STORY
CHANGES: OSAMA DIDN'T HAVE GUN, DIDN'T USE WIFE AS SHIELD...
WH
SPOKESMAN: 'Resistance does not require a firearm'...
Official:
Appeared to be 'reaching for a weapon'...
Wife
not killed, shot in leg...
FLUSTERED
CARNEY: 'EVEN I'M GETTING CONFUSED'...
RASMUSSEN:
No 'Immediate Bounce' for Obama...
AVERAGE GAS PRICE NATIONWIDE LIKELY TO TOP $4 BY WEEK'S END...
$4.44
a gallon in Chicago...
Petition
Demands Equal FACEBOOK Town Hall Meeting for the GOP Presidential Nominee...
Looters hit tornado victims' homes...
WIKILEAKS' Assange says
FACEBOOK a spy tool for US government... [ Facebook is not alone in
that regard … you must assume that all is being viewed … that’s my view.
Moreover, I further believe that much of the ‘hacking’ / intrusion / viral
infections are done by the u.s. government or their assigns. ]
GDP: These Awesome Charts Put the GDP Revision in Perspective
7 Significant Variables That Can Move Stock Prices Lower WallStCheatSheet [ It’s truly a bad investing scenario when
stocks / stock market is likened to gambling / sports betting – and I’d say the
latter is less prone to fraud / manipulation as is ubiquitously extant on
fraudulent wall street. ] ‘ There are many similarities between investing in stocks and handicapping in sports betting. For
example, investors (bettors) have opposing views on whether a particular stock
will go up or down (win or lose), and determine if the valuation (point spread)
is reflective of the proper equilibrium (supply & demand). And just like
the stock market, virtually anybody off the street can place a sports bet – assuming
one is of legal age and in a legal betting jurisdiction.
Right now investors are poring over data as part of the
critical, quarterly earnings ritual. Thus far, roughly 20% of the companies
in S&P 500 index (NYSE:SPY) have reported their results and 78% of those companies have beaten Wall Street expectations.
Unfortunately for the bulls, this trend has not been strong enough to push market
prices higher in 2010. Companies that have reported include: Microsoft (NASDAQ:MSFT), Alcoa (NYSE:AA), American Express (NYSE:AXP), Boeing (NYSE:BA), Bank of American (NYSE:BAC), Citigroup (NYSE:C), Caterpillar (NYSE:CAT), Chevron (NYSE:CVX), duPont (NYSE:DD), General Electric (NYSE:GE), Goldman Sachs (NYSE:GS), IBM (NYSE:IBM), Johnson & Johnson (NYSE:JNJ), JPMorgan (NYSE:JPM), Coca-Cola (NYSE:KO), Ford (NYSE:F), McDonald’s (NYSE:MCD), 3M (NYSE:MMM), Merck (NYSE:MRK), Proctor & Gamble (NYSE:PG), Sprint (NYSE:S), Traveler’s (NYSE:TRV), United Technologies (NYSE:UTX), eBay (NASDAQ:EBAY), Verizon (NYSE:VZ) and ExxonMobil (NYSE:XOM).
So how and why
can market prices go down on
good news? There are many reasons that short-term price trends can diverge from
short-run fundamentals. One major reason for the price-fundamental gap is the
following factor: expectations. Just last week, the market had climbed over
+70% in a ten month period, before issues surrounding the Massachusetts
Senatorial election, President Obama’s banking reform proposals, and Federal
Reserve Bank Chairman Ben Bernanke’s re-appointment surfaced. With such a large
run-up in the equity markets come loftier expectations for both the economy and
individual companies.
So when
corporate earnings unveiled from companies like Google (NASDAQ:GOOG), J.P. Morgan (NYSE:JPM), and Intel (NASDAQ:INTC) outperform relative to forecasts, one
explanation for an interim price correction is due to a significant group of
investors not being surprised by the robust profit reports. In sports betting
lingo, the sports team may have won the game this week, but they did not win by
enough points (“cover the spread”).
Some other
reasons stock prices move lower on good news:
- Market Direction : Regardless of the underlying
trends, if the market is moving lower, in many instances the market dip
can overwhelm any positive, stock- specific factors.
- Profit Taking : Many times investors holding a
long position will have price targets or levels, if achieved, that will
trigger selling whether positive elements are in place or not.
- Interest Rates : Certain valuation techniques
(e.g. Discounted Cash Flow and Dividend Discount Model) integrate interest
rates into the value calculation. Therefore, a climb in interest rates has
the potential of lowering stock prices – even if the dynamics surrounding
a particular security are excellent.
- Quality of Earnings : Sometimes producing
winning results is not enough. On occasion, items such as one-time gains,
aggressive revenue recognition, and lower than average tax rates assist a
company in getting over a profit hurdle. Investors value quality in
addition to quantity.
- Outlook : Even if current period results may be
strong, on some occasions a company’s outlook regarding future prospects
may be worse than expected. A dark or worsening outlook can pressure
security prices.
- Politics & Taxes : These factors may prove
especially important to the market this year, since this is a mid-term
election year. Political and tax policy changes today may have negative
impacts on future profits, thereby impacting stock prices.
- Other Exogenous Items : Natural disasters and
security attacks are examples of negative shocks that could damage price
values, irrespective of fundamentals.
Certainly these previously mentioned issues do not
cover the full gamut of explanations for temporary price-fundamental gaps.
Moreover, many of these factors could be used in reverse to explain market
price increases in the face of weaker than anticipated results.
For those individuals traveling to Las Vegas to place
a wager on the NFL Super Bowl, betting on the hot team may not be enough. If
expectations are not met and the hot team wins by less than the point spread, don’t be surprised to see a decline in the value of the bet.
Wade W. Slome is a CFA and CFP® at Sidoxia Capital
Management.
Disclosure: Sidoxia Capital Management (SCM) and some
of its clients own GOOG and certain exchange traded funds, but do not own JPM
or INTC or any other security referenced in this article…’
10
Reasons 2011 Is Feeling More and More Like 2008 Jensen ‘The market ended April as it began, grinding
up on low volume, ignoring increasingly worsening energy prices, continued
turmoil in the Middle East and slowing worldwide economic growth. To me it
feels like we are in the calm before the storm. More specifically, it eerily
feels like the months before the financial crisis and meltdown of 2008. The
similarities are striking to me and think the market is ignoring the signs of
an impending and significant pullback over the summer.
Here are ten
reasons 2011 is starting to feel so much like 2008.
- Gas prices are rising rapidly and starting to
impact consumer spending and sentiment. On Thursday, gas prices hit this highest level
since July 31st, 2008 and have risen every month since last
August, up over 30% since the “Arab Spring” commenced in Tunisia. Consumer
discretionary stocks are particularly vulnerable. Avoid high priced
retailers like Lululemon (LULU) and Under Armour (UA)
as well as retailers focused on demographics especially vulnerable to high
gas prices, such as Abercrombie & Fitch (ANF).
- Despite numerous federal programs (mostly
failed), the housing market remains moribund. Prices continue to fall across most markets in
the United States, albeit at a slower rate than 2008 and in the immediate
aftermath of the financial crisis. New housing starts are bumping along at
record lows and are contributing little to job growth.
- The Federal Reserve continues to be behind the
curve. In 2008, the
subprime loan problem was “contained”. In 2011, Bernanke can’t seem to see
any signs of inflation despite rapidly rising energy and food prices (they
are not “core” components of the Index Blind Ben places his faith in, after
all) or all through the commodity complex.
- In 2008, we were fighting military actions in
two Middle Eastern countries; Iraq and Afghanistan. In 2011, we are still
fighting in Iraq and Afghanistan and have added ½ a war in Libya, which we
have outsourced to NATO.
Given the quickening pace of unrest in that volatile area of the world and
our incoherent policy so far in dealing with it, hopefully U.S.
obligations there do not increase by the end of 2011. However, given the
worsening events in the region, a higher floor for oil prices has been
established in the short and medium term.
- World food prices increased dramatically in the
1st and 2nd quarter of 2008 creating a global
crisis and
causing political and economical instability and social unrest in both
poor and developed nations. The price of wheat has gone up
75% in the last year and many foodstuffs have more than doubled in price
over the last twelve months. In 2008, this produced food riots in many
developing countries. In 2011, we have uprisings throughout the Middle
East (not suggesting this is the primary cause, but a contributor).
- In May 2008, the market was worried about which
was the next financial institution to fall after the Bear Stearns debacle. In May 2011, the market is waiting to see what
European sovereign state will be the next to need a bailout after Greece,
Ireland and Portugal and what the ramifications will be for the credit
markets.
- In 2008, gold hit $900 an ounce in January of
that year and $1000 an ounce for the first time in March 2008. In 2011, gold and silver just hit all time
highs last week with gold hitting $1535 an ounce and silver in a distinct
bubble at $50 an ounce.
- As in 2008, U.S. GDP growth was anemic in the
first quarter. In 2008,
economic growth clocked in at .6% in Q1. In 2011, GDP growth was better at
1.8% but show a significant slowdown from the previous quarter.
- As in 2008, the fiscal and monetary policies of
the United States have led to a decline in the value of its currency. Despite significant problems in Europe and
Japan, the dollar index just hit its lowest point since July 2008. This is
a major contributor to the increasing inflation that is appearing in
various points in the pipeline, especially food and energy.
- In 2008, China, the world’s third largest
economy, instituted a series of measures to curb growth in order to
address increasing inflation and the beginnings of a property bubble. The Shanghai Index fell over 10% in the first
half of 2008. In 2011, China now the world’s second largest economy, is
again instituting a series of measures to curb inflation, including
several interest rate hikes. Over the last seven months, the Shanghai
Index has been flat despite the S&P being up approximately 15% over
the same time period
History does not always repeat itself, but it does
rhyme, as the saying goes. For the reasons listed above, I am very cautious
here. I believe we are due we are in for a significant correction over the
summer of 15%-25%. I am keeping a good portion of my portfolio in cash,
awaiting the pullback that I feel is close. I hope to use these funds to pick
up good companies with solid growth prospects - like Apple (AAPL) and
Google (GOOG)
- at some point over the summer at lower prices. The funds I do have in the
market are concentrated in large cap blue chip stocks with reasonable
valuations, growing revenues and solid dividend yields. Companies like
Microsoft (MSFT), Intel (INTC),
Novartis (NVS),
Abbott Labs (ABT), and Telefonica (TEF) are
some of these types of stocks that I think fit the bill. Be careful out there.’
U.S.
Treasury: China Has Decreased Its Holdings of U.S. Debt CNSNews.com | Mainland China has decreased its holdings of U.S.
Treasury securities since last October.
China
to dump two-thirds of U.S. debt reserves? Amid near-daily reports that the
U.S. dollar continues to slide in value comes a report that China, the largest
holder of U.S. debt, is considering dumping two-thirds of its dollar reserves,
which currently stand at about $3.04 trillion.
Bursting
Bubbles. Waning Currency Systems and Insolvent Financial Institutions We
keep searching Congress for leadership and all we see and hear is compromises
and moneyed footsteps leading back to their controllers on Wall Street and in
banking. We find few willing to stand up to the military industrial complex or
the moneyed powers that control our country. Spending restraint is very
difficult to find.
Excessive
Leverage Helped Cause the Great Depression and the Current Crisis … And
Government Responds by Encouraging MORE Leverage It is well known that
excessive leverage was one of the primary causes of the Great Depression.
Specifically, many people bought stocks on margin, and when stock prices
dropped, they were wiped out and their lenders got hit hard.
36
Statistics Which Prove That The American Dream Is Turning Into An Absolute
Nightmare For The Middle Class The U.S. middle class is being shredded,
ripped apart and systematically wiped out. If you doubt this, just check out
the statistics below.
The
American Dream
May 2, 2011
The U.S. middle
class is being shredded, ripped apart and systematically wiped out. If
you doubt this, just check out the statistics below. The American Dream
is being transformed into an absolute nightmare. Once upon a time, the
rest of the world knew that most Americans were able to live a middle class
lifestyle. Most American families had nice homes, most American families
had a car or two, most American families had nice clothes, most American families
had an overabundance of food and most American families could even look forward
to sending their children to college if that is what the kids wanted to
do. There was an implicit promise that this was the way that it was
always going to be. Most of us grew up believing that if we worked really
hard in school and that if we stayed out of trouble and that if we did
everything that “the system” told us to do that there would be a place for us
in the middle class too. Well, it turns out that “the system” is breaking
down. There aren’t enough good jobs for all of us anymore. In fact,
there aren’t very many crappy jobs either. Millions are out of work,
millions have lost their homes and nearly all of the long-term economic trends
just keep getting worse and worse. So is there any hope for the U.S.
middle class?
No, there is not.
Unless
fundamental changes are made economically, financially and politically, the
long-term trends that are destroying the U.S. middle class will continue to do
so.
The number of
good jobs has been declining for a long time. The good jobs that have
been lost are being replaced by a smaller number of low paying “service jobs”.
Meanwhile, the
cost of everything is going up. It is getting really hard for American
families to be able to afford to put food on the table and to put gas in the
tank. Health care costs are absolutely outrageous and college tuition is
now out of reach for millions of American families.
Every single
month more American families fall out of the middle class. Today there
are 18 million more Americans on food stamps than there were just four years
ago. More than one out of every five U.S. children is living in
poverty. Things are getting really, really bad out there.
The following are
36 statistics which prove that the American Dream is turning into an absolute
nightmare for the middle class….
#1 The competition for decent jobs in America has
gotten absolutely insane. There have been reports of people actually
getting down on their knees and begging for jobs. Many Americans are
starting to wonder if they will ever get a decent job again. According to
the U.S. Bureau of Labor Statistics, the average duration of unemployment in
the United States is now an all-time record 39
weeks…
#2 According to the Wall Street Journal, there
are 5.5
million Americans that are unemployed and yet are not receiving unemployment benefits.
#3 The number of “low income jobs” in the U.S. has risen steadily over the past 30 years and they now account for 41 percent of all jobs in the United States.
#4 Only 66.8% of American men had a job last
year. That was the lowest level that has ever been recorded in all of
U.S. history.
#5 Once upon a time, anyone could get hired at
McDonald’s. But today McDonald’s turns away a higher percentage of
applicants than Harvard does. Approximately 7 percent of all those that apply to get
into Harvard are accepted. At a recent “National Hiring Day” held by
McDonald’s only about 6.2 percent of the one
million Americans that applied for a job were hired.
#6 There are now about 7.25 million fewer jobs in
America than when the recession began back in 2007.
#7 The United States has lost an average of about
50,000 manufacturing jobsper month since China joined the World Trade Organization in
2001.
#8 A New York post analysis has found that the rate of
inflation in New York City has been about 14 percent over the past
year.
#9 The average price of a gallon of gasoline in the
United States is now up to$3.91 a gallon.
#10 Over the past 12 months the average price of
gasoline in the United States has gone up by about 30%.
#11 Spending on energy now accounts for more than 6
percent of all consumer spending. Every time this has happened since
1970 we have also had a recession
that followed.
#12 The average American driver will spend somewhere
around $750 more for gasoline in 2011. Unfortunately, it
seems likely that the price of oil is going to go up even higher. Already
the price of oil is closing in on the all-time record….
#13 In the United States, over 20 percent of all children are
living in poverty. In the UK and in France that figure is well under 10
percent.
#14 According to the U.S. Census, the number of children
living in poverty has gone up by about 2 million in just the
past 2 years.
#15 The wealthiest 1% of all Americans now own more than a third of all the
wealth in the United States.
#16 The poorest 50% collectively own just 2.5% of all the wealth in the United
States.
#17 The wealthiest 1% of all Americans own over 50% of all the stocks and bonds.
#18 According to a new report from the AFL-CIO, the
average CEO made 343 times more money than the
average American did last year.
#19 In 1980, government transfer payments accounted for
just 11.7% of all income. Today, government
transfer payments account for 18.4% of all income.
#20 U.S. households are now receiving more income from
the U.S. governmentthan
they are paying to the government in taxes.
#21 59 percent of all Americans now receive
money from the federal government in one form or another.
#22 The average cost of tuition, room and board at
America’s public universities is now $16,000 a year. For America’s
private universities, that figure is $37,000 a year.
#23 The cost of college tuition in the United States has
gone up by over 900 percent since 1978.
#24 Approximately two-thirds of all college students
graduate with student loan debt.
#25 17 million college
graduates are doing jobs that do not even require a college degree.
#26 According to the Bureau of Economic Analysis, health
care costs accounted for just 9.5% of all personal consumption back in
1980. Today they account for approximately 16.3%.
#27 One study found that approximately 41 percent of working age
Americans either have medical bill problems or are currently paying off medical
debt.
#28 Back in 1965, only one out of every 50 Americans was
on Medicaid. Today,one out of every 6 Americans is
on Medicaid.
#29 Total credit card debt in the United States is
now more than 8 times larger
than it was just 30 years ago.
#30 During the first three months of this year, less new
homes were sold in the U.S. than in any three month period ever recorded.
#31 Now home sales in the United States are now down 80% from the peak in July 2005.
#32 U.S. home prices have now declined 32% from
the peak of the housing bubble.
#33 For most middle class families, the family home is
the number one financial asset. Unfortunately, U.S. home values have
declined an astounding 6.3
trillion dollars since the housing crisis first began.
#34 According to a recent census report, 13% of all
homes in the United Statesare currently sitting empty.
#35 The housing crisis just seems to keep on getting
worse. 31 percent of the homeowners that
responded to a recent Rasmussen Reports survey indicated that they are
“underwater” on their mortgages.
#36 Unfortunately, it looks like millions more middle
class Americans could soon be in danger of losing their homes. According
to the Mortgage Bankers Association, at least 8 million
Americans are at least one month behind on their mortgage payments at this
point
National
/ World
Intel Chief: They Killed “Make Believe Obama” Kurt Nimmo | Hamid Gul says event was a “make believe drama”
designed to be used for Obama’s upcoming re-election campaign.
Police State Kicks Into Overdrive On Dubious News of
Osama Takedown Kurt Nimmo |
Increased police presence in New York, Washington, Los Angeles, Seattle, and
elsewhere around the country.
Red Alert: Government Had Osama bin Laden Frozen for Years
Kurt Nimmo and Alex Jones | Obama makes a suspiciously timed speech, claims
Osama killed in Pakistan. Videos [ As set for the infra, I personally believe
Osama’s been dead for quite some time. Indeed, for one on dialysis, he
otherwise would have been nothing less than a modern day miracle in terms of
longevity / mortality rates for those so afflicted, particularly under the
‘stressful’ circumstances involving evading capture, betrayal for money, etc..
His ‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at most yield a pyrrhic victory
which also would require for consummation a wrap-up of this nation-bankrupting
contrived war scenario, which is not likely. Moreover, the same comes at a time of systemic failure for pervasively
corrupt, defacto bankrupt america While the ‘announcement’ plays well for the
nonce, to the dumb, uninformed back home, the same will galvanize resistance in the name of their now
martyr, Osama Bin Laden. In sum, other than somewhat questionable propaganda
value, the announcement will have no measurable effect on america’s continuing
mideast / global debacle. In other words, defacto bankrupt america has used up
a ‘bullet’, albeit a blank at that! ]
In February,
2004, Iranian state radio claimed Osama bin Laden had been
captured in Pakistan’s border region with Afghanistan “a long time ago.”
Pentagon and Pakistani officials denied the report. “Osama bin Laden has been
arrested a long time ago, but Bush is intending to use it for propaganda
maneuvering in the presidential election,” the radio report said.
Osama bin
Laden died of kidney failure soon after the September 11, 2001, attacks. In
2002, Pakistani President Pervez Musharraf said bin Laden had kidney disease,
and that he had required a
dialysis machine when he lived in Afghanistan. That same year, the FBI’s
top counterterrorism official, Dale Watson, said, “I personally think he is
probably not with us anymore.”
A Taliban
leader told the Pakistan Observer on December 21, 2002, that Bin Laden was
suffering from a serious lung complication and died in mid-December, in the
vicinity of the Tora Bora mountains. The source claimed that bin Laden was laid
to rest honorably in his last abode and his grave was made as per his Wahabi
belief, according to Fox News.
Alex Jones was
told live on the radio in 2002 by high-level Council on Foreign Relations
members that Osama Bin Laden had died of kidney failure in early 2002.
“I have it
from high level [sources] from inside the Bush administration…that bin Laden
died of natural causes and that his family has given the body to the CIA, that
they’re gonna roll him out right before the election, that he’s on ice right now.
They will claim they killed him right before the election,” Alex
said at the time.
“Jones gave a
caution that the intelligence could be disinformation but claimed that his base
in Austin was extremely close to the Bush administration and similar
information received in the past had been credible,” Paul
Joseph Watson wrote in August of 2002.
During the
2004 election, CNN reported that Democratic insiders had been told that George
W. Bush was going to use the Bin Laden body as an ace-in-the-hole if he thought
he was in danger of losing the 2004 election. This confirmed the evidence that
Jones had been given by the CFR and others.
In 2003,
former Secretary of State Madeleine Albright told Fox News Channel analyst Morton
Kondracke she suspected Bush knew the whereabouts of Osama bin Laden and was
waiting for the most politically expedient moment to announce his capture.
Benazir Bhutto, who was killed in a suicide attack at the
end of 2007, stated that Osama bin Laden had been killed by Ahmed Omar Saeed
Sheikh, a man convicted of kidnapping and killing journalist Daniel Pearl.
Obama’s
announcement follows the release of a highly suspicious birth certificate last week. Both events
represent psychological operations that possibly portend more significant
events in the days ahead as the U.S. dollar continues to lose its reserve
status, the economy fails to recover as promised, and wars expand in Libya,
Pakistan, and Afghanistan.
Obama’s
propaganda stunt arrives as the Democrats kick off their leader’s presidential
reelection bid against a number of Republicans contenders who have been highly
critical of not only his perceived handling of the economy, but also his
management of the manufactured war on terror.’
Live 7 P.M. CST: Alex Jones Special on Bin Laden Hoax Infowars | Alex Jones to give special statement discussing
the psy-op and hoax surrounding the reported death of Osama bin Laden.
Osama
Bin Laden is Dead Matt Ryan
| President Barack Obama is set to address the nation shortly regarding reports
that Osama Bin Laden is dead.
Mainstream Media Blames Fake OBL Photo Used By Mainstream
Media On “Conspiracy Theorists” Steve Watson | Government says it has real images and
video, still deciding whether to release them.
Inside Sources: Bin Laden’s Corpse Has Been On Ice For
Nearly a Decade Paul Joseph
Watson | Multitude of respected intelligence officials and
heads of state have publicly and privately asserted Osama has been dead for
years.
Staged Osama Assassination: Get Ready for More War Kurt Nimmo | Cheering crowds voice
approval of contrived war on terror.
Government Says Osama Buried at Sea Infowars.com | Anonymous government
source says Osama burial followed Islamic practice and tradition.
Media Runs Fake Photo To Illustrate Bin Laden Death
Propaganda Paul Joseph
Watson | Everything about the Bin Laden myth is fake, so why
worry about illustrating his “death” with another contrived hoax?
Final
Fake Bin Laden Tape “In The Pipeline” The Obama administration may have
announced the demise of Osama Bin Laden last night, years after every other
intelligence analyst worth their salt voiced the open secret that Osama has
been dead for the best part of a decade, but there’s still time for one more
hoaky terror tape that will allow the boogeyman to frighten Americans into
giving up more of their rights one last time.
Intel
Chief: They Killed “Make Believe Obama” Former Pakistani intelligence chief
Hamid Gul went on the Alex Jones Show today and characterized the unverified
assassination of Osama bin Laden as symbolic theater.
Chinese
Media Reports Pakistani Forces Killed Bin Laden, Then Retracts Pakistani
Urdu TV channel Geo News quoted Pakistani intelligence officials as saying that
the world’s most wanted terrorist Osama Bin Laden was killed in a search
operation launched by the Pakistani forces.
Musharraf:
Bin Laden mission violated Pakistan Former Pakistani President Pervez
Musharraf on Monday accused the U.S. of violating his country’s sovereignty by
sending in special forces to kill Osama bin Laden.
Osama
Bin Laden Pronounced Dead… For the Ninth Time When Obama pronounced Osama
Bin Laden dead in a televised announcement heard round the world last night, he
was at least the ninth major head of state or high-ranking government official
to have done so.
Huffington
Post Bans Commenters For Questioning Official Story of Bin Laden Death After
comment-threading at Huffpost this afternoon about the range of inconsistencies
between the White House account of the anti-Bin Laden operation and what appear
to be the facts, this little message greeted me when I went to leave a link to
tonight’s piece there an hour ago: Sorry, but you have been banned from
commenting.
Mainstream
Media Blames Fake OBL Photo Used By Mainstream Media On “Conspiracy Theorists” The
London Guardian has suggested that the fake image used by several British
mainstream media websites this morning on their front pages was the work of
“conspiracy theorists” who claimed it was genuine.
Inside
Sources: Bin Laden’s Corpse Has Been On Ice For Nearly a Decade A multitude
of different inside sources both publicly and privately, including one
individual who personally worked with Bin Laden at one time, told us directly
that Osama’s dead corpse has been on ice for nearly a decade and that his
“death” would only be announced at the most politically expedient time.
Staged
Osama Assassination: Get Ready for More War If the cheering crowd at
midnight outside the White House is any indication, the American people are
ready to support more mass murder in the Middle East.
Osama
Bin Laden Pronounced Dead… For the Ninth Time When Obama pronounced Osama
Bin Laden dead in a televised announcement heard round the world last night, he
was at least the ninth major head of state or high-ranking government official
to have done so.
Media
Runs Fake Photo To Illustrate Bin Laden Death Propaganda Killing Osama bin
Laden is a pretty big deal. You’d think that it would be in the interests of US
forces to take a snapshot of the elusive terror leader to milk the propaganda
value of such a momentous turn of events, and yet the corporate media has given
us nothing but a years old fake picture. This makes little sense, unless of
course, somebody is trying to hide something, namely the fact that Osama’s dead
corpse has been on ice for the best part of a decade.
Osama bin
Laden Has Been Dead For Years CNN and the corporate media report this
evening that purported CIA asset Osama bin Laden has been killed by the U.S.
military in a mansion outside the Pakistani capital of Islamabad along with
other family members.
Osama Raid
Plan Was Cancelled Last Month Sources tell ABC News that in March President
Obama authorized the development of a plan for the U.S. to bomb Osama bin
Laden’s Abbottabad compound with two B2 stealth bombers dropping a few dozen
2,000-pound JDAMs (Joint Direct Attack Munitions) on the compound.
Stock
market on a roll despite slowing economic growth, lingering
unemployment[Also known as reality! Roll … yes, indeed … everyone’s to get
rolled! ] (Washington Post) Dow is up
more than 10 percent for 2011, to its highest point in nearly three years.
[ Same bubble scenario preceeding last crash (including currency manipulation);
yet, far worse this time owing to insurmountable debt and defacto bankruptcy of
the nation.
Fed
Chairman Bernanke does reality TV
(WP) [ Except the ‘NO-RECESSION HELICOPTER BEN B.S. BERNANKE’ show is
scripted unreality … even with his reduction in estimate for ‘economic growth’,
the frauds on wall street still rallied.
Bernanke
prepares to make history (Washington
Post) [ He already has! $6 gas acomin’,
$1,508+ gold, $46+ silver, other commodities at record levels, hyperinflation
as predicted well on the way from over-printing of fiat paper currency by fed
as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
31. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
32. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
33. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
34. The artificially suppressed interest rates...
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
ATTENTION: REPORTERS –
HIP BOOTS MANDATORY, WADERS RECOMMENDED SINCE YOU’LL BE AT LEAST KNEE-DEEP IN
‘NO-RECESSION HELICOPTER BEN B.S. BERNAKE’ B*** S***! ] On Wednesday, he will be the first Fed
chairman to take on-the-record questioning from the media.
24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline’ ]
States
face shortfall for retirees]
Why
do Americans still dislike atheists? (Washington Post) [ And not just americans … Why? First and
foremost because there is a God. Second, it is intellectually dishonest to be
an atheist. Specifically, there is absolutely no evidence to dispute the
existence of God. While one might similarly argue that there is no evidence to
suggest there is a God (which I would dispute), which for most is a fair
statement, the same would yield at best, if intellectually honest, the position
of ‘agnostic’. I can totally understand and even empathize with the view of the
agnostic. After all, at this point, there seems to be ‘no rhyme nor reason’ at
all. But, think binary, positives / negatives. Just too many negatives. Think
‘capital punishment’. No, the world’s not going to end in 2012 as some fear.
Rather, think slow burn; decades at best; then ‘poof’. In the scheme of things,
this world’s just not that important (apes, notochordates, and initially single celled
organisms). Kind of akin to what I previously wrote: (God doesn’t care that you wrestle a
girl who wants to wrestle!) 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! ]]
Reporters
on parade (Washington Post) The White House Correspondents’ Dinner is a
display of excess. [ Ah! Another rare instance of my agreement with Mr.
Milbank; except, I would have emphasized the excess of everything but future
impacting news, out in plain view for everyone to see, yet never quite making
the headlines such potentially future altering news deserved. Indeed, who likes
to hear such dire, dreary, depressing news when ‘uplifting’, mind-numbing powder puffs can fill the pages…and did … to
everyone’s detriment. Attorney
General Holder defends his tenure
(Washington Post) [ Defending the
indefensible! Yes … there is no defending this ag … He should step down, forced
to resign … Obama
faces fundraising test in California
(Washington Post) [ Test? You mean intelligence test for those
Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool
me twice, shame on me’. Now frauds on wall street got value for their bribes;
viz., no prosecution of their continuing nation-destroying frauds, yet cleaning
up the frauds with prosecutions was the presumption upon which their support was predicated , at
least in part. Certainly Hollywood spoke with their academy award for ‘Inside
Job’ . Roche
'The worst part of it ...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 ... . 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown. ]
]
U.S.
troops’ deadliest month in Iraq (Washington Post) With 11 deaths, April was the worst for U.S.
forces since combat
missions officially ended last year, according to military and independent
record keepers. [Riiiiight! … That ‘progress thing’ they keep reminding us of …
which of course is progress in progressive increasing pervasively corrupt,
defacto bankrupt america’s insurmountable debt.
Key
Afghan aid programs delayed
(Washington Post) [ Strategy? Critical time? Seems we’ve heard that song
before. And, yet another nation and innocent lives destroyed for no good reason
… and, pervasively corrupt and defacto bankrupt america … winning hearts and
minds …NOT! … Petraeus
to helm more-militarized CIA
(Washington Post) [ I personally unequivocally believe there has already
been a defacto coup d’etat in america. Drudgereport: Pentagon
Warns Obama Against Deeper Defense Cuts ... (And where is it going to come from
... we've already had in pervasively corrupt, defacto bankrupt, war crimes
nation america a defacto coup d'etat) ... 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… http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Top
Mexican Drug Lord: I Trafficked Cocaine For The U.S. Government .. CIA
torture jet that crashed with four tons on cocaine on board back in 2007 has
told the U.S. District Court for the Northern District of Illinois in Chicago
that he has been working as a U.S. government asset for years. . Rendition:
Where the War on Terror Meets the War on Drugs Henningsen
| ... 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
]
The
outdated ‘Trump Rule’ (Washington
Post) COLUMN | The would-be GOP
presidential contender has long shown a penchant for sexism. Trump
calls leaders ‘stupid’ at Vegas casino [ Again, the pot calls the kettle black … if
it was only just sexism that defined deeply flawed, mental case, mobster /
fraudster trump, … yet there’s just
enough truth and an open bar to keep their attention … Memo to Donald Trump: You're fired Los Angeles Times - What The Donald 'accomplished' is to make a fool of
himself and diminish President Obama's dignity. It's time for the loud-mouthed
man with the big bankroll and bad haircut to take his sideshow to the trash
heap.’… What Mr. Banks fails to realize is that wobama has no dignity and
appropriate criticism, as I’ve said before, is to him like ‘water off a duck’s
back’ and you can not shame the stereotypical wobama. TRUMP
TO GIBBS: YOU'RE 'A LOSER' [‘Another trumped-up case of the pot calling the
kettle black’]... TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically,
Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir
melodramatic fashion which proved too much for the more balanced and ‘chosen /
favored’ elder brother trump who committed suicide. The old man also required
trump to go to prep / military / boarding school where according to a
classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as
dumbya bush … mobster trump and people like trump are part of the problem
(total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes,
jersey / new york), not the solution. Indeed, trump is an interesting mental
case in that he evolved from narcissist (those inflated grandiose moods coupled
with feelings of inferiority – he loved to obsessively read those hitler
speeches for inspiration and to pump himself up according to Ivana Trump) to
severe case of antisocial personality disorder [ predatory disregard for and
violation of the rights of others – hence, those sophomoric soundbite solutions
to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese
(american goods made in China), drug money laundering in his casinos, bribery,
etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In
a rational nation that wasn’t in decline as pervasively corrupt, defacto
bankrupt america, trump and sister Maryanne would both be in prison.
The
president, lost in thought (WP) [ How ‘bout just lost! Wobama … a common
liar. Drudgereport: TELEPROMPTER
INVENTOR DIES... (Wobama ‘mourns … day of silence declared’)
U.S. Murders Children in Bid to Assassinate Qaddafi Tony Cartalucci | Ghoulish hunt for
Qaddafi defines NATO.
Nuclear Adviser to Japanese President Resigns Over
Radiation Levels Infowars.com
| Toshiso Kosako says government set inappropriate radiation limits for
elementary schools near plant.
Osama bin
Laden Has Been Dead For Years CNN and the corporate media report this
evening that purported CIA asset Osama bin Laden has been killed by the U.S.
military in a mansion outside the Pakistani capital of Islamabad along with
other family members.
Fed
Sting Against Amish Raw Milk Producer Results in Federal Case A year long
sting operation against an Amish “contraband” raw milk producer in Pennsylvania
has resulted in a court case against Rainbow Acres Farms. The government filed
a ten page complaint against the Amish business in federal court last week.
Romney:
Blame Obama for Record Gas Prices Sick and tired of high gas prices? It’s
all Obama’s fault, according to Mitt Romney, who pumped his own gas on Friday
as the cameras rolled.
Gaddafi’s
youngest son killed in NATO airstrike Sayf al-Arab Gaddafi, embattled
Libyan leader Muammar Gaddafi’s youngest son, has been killed in an airstrike
on Saturday, a government spokesman says.
US
Murders Children in Bid to Assassinate Qaddafi (Again) The very policy of
targeted assassinations sidesteps any semblance of law, national or
international.
Libya
disabled children school hit in NATO strike Shattered glass litters the
carpet at the Libyan Down’s Syndrome Society, and dust covers pictures of
grinning children that adorn the hallway, thrown into darkness by a NATO strike
early on Saturday.
“We
don’t have time for this silliness”: White House correspondents’ dinner sees a
less-serious Obama Hoping to further quash conspiracy theories, President
Obama announced Saturday night that he would show his official birth video, in
front of an audience of 2,500 journalists, celebrities and hangers-on at the
Washington Hilton.
Syria: Intervention
Inevitable Regime change in Syria was a foregone conclusion as early as
1991. General Wesley Clark in a 2007 speech in California relayed a 1991
conversation between himself and then Under Secretary of Defense Paul
Wolfowitz.
Drudgereport: REPORT: Bin Laden already buried at sea... [ As set for the supra, I personally believe Osama’s
been dead for quite some time. Indeed, for one on dialysis, he otherwise would
have been nothing less than a modern day miracle in terms of longevity /
mortality rates for those so afflicted, particularly under the ‘stressful’
circumstances involving evading capture, betrayal for money, etc.. His
‘surfacing’ for a ‘talk’ wouldn’t even pass muster in the most rudimentary
requirements for ‘proof of life’. The release at this time of the
‘announcement’ is, rather than a victory lap so to speak, but rather a sign of
weakness and desperation on the part of america whose global and domestic
economic, financial, and geopolitical position is substantially diminished and
declining rapidly and whose military industrial complex welfare plan along with
the Orwellian diversion of the masses could at most yield a pyrrhic victory
which also would require for consummation a wrap-up of this nation-bankrupting contrived war
scenario, which is not likely. Moreover, the same comes at a time of systemic failure for pervasively
corrupt, defacto bankrupt america While the ‘announcement’ plays well for the
nonce, to the dumb, uninformed back home, the same will galvanize resistance in the name of their now
martyr, Osama Bin Laden. In sum, other than somewhat questionable propaganda
value, the announcement will have no measurable effect on america’s continuing
mideast / global debacle. In other words, defacto bankrupt america has used up
a ‘bullet’, albeit a blank at that! ]
SHOT IN HEAD; BIN LADEN IS DEAD.....
SEALS HELD TWO REHEARSALS; OBAMA WATCHED RAID IN SITUATION ROOM...
Mission was to kill, not capture; no prisoners taken...
OFFICIAL: BIN LADEN GIVEN RELIGIOUS FUNERAL BEFORE SEA BURIAL...
Obama: U.S. Carried Out Operation 'At My Direction'...
Hundreds gather outside Bush's Dallas home...
SIGN: 'Obama Forgot To Say Thank You President Bush!'
Killing brings anger, relief in Arab world...
Pakistanis rally to pay homage to bin Laden...
Musharraf: Mission violated sovereignty...
Hamas condemns killing of 'holy warrior'...
BURIED AT SEA:
WH DEBATES RELEASING PHOTO OF CORPSE
U.S.
issues worldwide travel alert...
Islamists:
Death will not mute Jihad call...
OFFICIAL:
U.S. didn't want to create shrine...
DNA
tests won't be complete for days...
WHITE
HOUSE: BODY HANDLED IN 'ACCORDANCE WITH ISLAMIC PRACTICE'...
WIKILEAKS: Al Qaeda to unleash 'nuclear hellstorm' if Osama
killed...
FEAR:
Security Tightened at NY Airports, Times Square, World Trade Center Site...
Napolitano:
'Heightened state of vigilance'...
U.S.
issues worldwide travel alert...
Chemical
Biological Response Team Recalled from Japan...
Taliban
commander vows to avenge death...
USA
'Faces Broad Terror Threat'...
SHOT IN HEAD; BIN LADEN IS DEAD.....
Killed in mansion close to Pakistani capital...
Crowds gather at White House, Ground Zero to celebrate...
REPORT: DNA testing confirms bin Laden death... [ Come
on! Much like the purported ‘in-house’ DNA test ‘confirming’ the paternity of
‘Prince Harry’ (actually the bastard son of Hewitt), easy enough to buy /
contrive with sworn secrecy / money. ]
WH:
'99.9% sure...
PENTAGON: WIFE IDENTIFIED HIM BY NAME DURING RAID...
Senator
questions sea burial... [ Yeah … pretty quick at that, particularly
for the u.s. government! Riiiiight! ‘Dead men buried at sea quickly tell no tales!’
Sounds contrived, set to music for propaganda value at u.s. low point. ]
Islamic
scholars condemn...
SKYNEWS:
Can US Offer Final Proof Of Osama's Death?
Will
there be a photo?
Raid
captured on TWITTER...
PHOTOS:
719 newspaper front pages announce death...
GADHAFI
SURVIVES ATTACK THAT KILLS SON...
Disabled
children school hit in NATO strike...
April
deadliest month for US in Iraq since '09...
Obama's
father forced out at Harvard... BOSTON — President Barack Obama’s father was forced
to leave Harvard University before completing his Ph.D. in economics because
the school was concerned about his personal life and finances, according to
newly public immigration records. Harvard had asked the Immigration and Naturalization
Service to delay a request by Barack Hussein Obama Sr. to extend his stay in
the U.S., “until they decided what action they could take in order to get rid
of him,” immigration official M.F. McKeon wrote in a June 1964 memo. Harvard
administrators, the memo stated, “were having difficulty with his financial
arrangements and couldn’t seem to figure out how many wives he had.”…’
Read more: http://www.politico.com/news/stories/0411/53968.html#ixzz1L7vqFAhV
‘Microsoft
confirmed Thursday its Windows cash machine is under threat. So what else is
new? Uncertainty about the PC market's growth prospects, and what that means
for Windows in particular, arguably has been baked into Microsoft's ...’
Microsoft wrestles slack PC sales and wilting stock Reuters [ Microsoft is a dinosaur that should be out of business!
My latest / current but typical problems with Microsoft / windows-based pc’s
(dell) confirms this! ]
Gallup
Poll Shows that More Americans Believe the U.S. is in a Depression than is
Growing … Are They Right? [ Yes! ]Consumer confidence is, well … in
somewhat of a depression.
Investors
Seek Shelter: Dave's Daily ‘Another day and another light volume rally in
stocks. Investors continued to hedge this action by buying precious metals.
Ludicrous statements by government officials regarding inflation and the dollar
are starting to wear thin even among Permabulls. The WSJ headlined this
topic Friday stating government officials are "unfazed
by dollar slide". But, they reached fuzzy conclusions about what to do
about it. As long as the government doesn't seem to care, commodities will
rise, especially precious metals. It's the elephant in the room no one really
wants to confront. One way to end Bucky's slide is to stop printing so much
money. The Bernank hasn't figured this out since his previous academic studies
didn't yield results like we're experiencing now. In the Great Depression, from
which he gained his theories and policies, it was illegal to own gold and
currency trading hardly existed. But the Fed Chairman hasn't figured this out
yet so he continues to keep the presses running at full speed as we saw today
with more POMO
($6.6 billion) actions to lube the Primary Dealers. Earnings continue to
roll-in mostly mixed. The DJIA continues to lead the way as high priced
heavyweights (BA, CAT, CVX and etc) continue to lead the price-weighted index
higher. Losers included Microsoft(MSFT_) and Research in Motion(RIMM_). The bottom line is that it's the end of the
month and window-dressing remains at the forefront…’
Why
History Says You Should 'Sell in May'
Sterman ‘The most active traders, which usually man Wall Street's
trading desks, can alter market sentiment by either their presence or absence.
As the weather warms, these traders take ever longer lunch breaks, which morphs
into "Friday-free weekends," culminating in their absence for decent
chunk of the month of August. When these traders leave their desks, it's a sign
for the rest of us to cool off as well, in case thin trading volume causes one
of our holdings to suddenly spike or plunge. Hence, the old-adage: "Sell
in May and then go away." (Until the fall...)
Is it a wise move? Let's look. Well, we know April surely gives the impressions
of a solid market rally. The S&P 500 (SPY)
rose, 4%, 4% and 10% respectively in each of the past three years and is up
another 2.2% this month. That rally has recently extended into May, as the
S&P 500 has rallied an average of 3% in the past three years. But by the
end of May, the party seems to end.
(Click charts
to expand)
http://static.seekingalpha.com/uploads/2011/4/29/saupload_04_29_11_sterman.png
The market has fallen in six of the past 10 Junes of the past decade, three
times the rate at which the various positive months have risen. Was there a
July bounce-back? Well, the five Julys of the last decade were split, but the
average loss was greater than the average gain.
http://static.seekingalpha.com/uploads/2011/4/29/saupload_04_29_11_sterman2.png
The rest of the summer doesn't hold much promise, either. An analysis by
Standard & Poor's shows that in the past 60 years, the market has fallen by
0.04% on average in August. It's even worse in September, with that figure
dropping to 0.78%. In fact, September is the only month to produce negative
average results through the past 80 years, according to Ibbotson &
Associates. Lastly, here's a sobering stat: according to S&P, since 1950,
the Dow Jones Industrial Average has produced an average gain of 7.4% from
November through April and 0.4% from May through October. (Yet as I noted
above, May has looked a bit stronger during the past three years.)
If you believe in the notion of "sell in May and go away," then there
are certain sectors you should be concerned about that are especially
vulnerable to the summer doldrums. For example, tech stocks tend to lag in
summer months, due to the capital spending cycle. Major orders are placed at
the beginning of the year and then purchasing managers are told to slow it down
as the year progresses, in part because it's hard to round up key materials
during the summer to complete major installations when so many are planning their
summer vacations. By year's end, tech spending rebounds as purchasing managers
tend to spend allocated-but-unused funds, in what's know as a budget flush.
Natural gas stocks tend to weaken in the summer, unless it is an especially
active season for hurricanes or a large heat wave causes a spike in demand. In
their absence, heavy gas production, coupled with seasonal ebb in demand, has
tended to max-out gas storage facilities. And when that happens, gas prices hit
new lows and producers are forced to curtail production.
Lastly, commodities such as precious and industrial metals tend to slump as
major purchasers compete their full-year purchasing needs in the spring.
Indeed, China is said to be sitting on more-than-ample supplies of copper,
silver and other surging commodities, right at a time when the Chinese
government is trying to cool its economy. A drop in demand would pull the rug
out from some of the highest-flying commodities. Watch the commodity sector,
especially as it is priced to perfection and highly vulnerable to any slowdown
in demand…’
S&P's
US Downgrade and the Death of American Exceptionalism Harding ‘america, formerly the world’s
greatest country, whose financial strength and currency were supreme for the
past 100 years, has been put on notice by Standard & Poor’s that it is … second rate status.
It was disconcerting to read the ho-hum reactions of economists to S&P’s shift to a
negative outlook for US sovereign debt. As one who sees darker implications of
a downgrade in Treasuries, it gave me pause to wonder if I am overreacting to
the event. Perhaps they are correct in that it will probably not happen, and
that if it does, it’s no big deal because the dollar is still the world’s
reserve currency. Japan (real fine…disaster) and Great Britain (real
fine…disaster) did it and they are fine. And where else would investors go?
My conclusion is that the other 99 guys are out of step. My fellow analysts are
mired so deep in the trees that they overlook the forest of reasons why we got
into this mess in the first place. The problem with economic analysis and
analysts is that there is a tendency of disassembly. By breaking down the
problem into its parts one can miss how they all connect. Perhaps if they
stepped back and considered where this country is heading they would be less
sanguine.
After all, we are not looking at a single event but a series of political
decisions made over the past 15 years or so that have created today’s budget
crisis. And stepping back even farther, we are experiencing fundamental changes
in American culture. The well-worn cliché of the large ocean tanker taking
miles to change course is an accurate depiction of our situation. There is so
much built-in momentum based on entitlements and defense spending it is
unlikely that a crisis can be avoided.
Our economic and policy experts need to focus on this long-term problem rather
than just its short-term effects. Unless we deal with the fundamental problems,
today’s jury-rigged fixes will not stop our continued downward spiral.
The long-term problem is that American culture has changed and we are losing
what has been known as American “exceptionalism” as described by
de Toqueville in Democracy in America:
Tocqueville tried
to understand why America was so different from Europe in the last throes of
aristocracy. America, in contrast to the aristocratic ethic, was a society
where hard work and money-making was the dominant ethic, where the common man
enjoyed a level of dignity which was unprecedented, where commoners never
deferred to elites, and where what he described as crass individualism and
market capitalism had taken root to an extraordinary degree.
These values, behaviors, and ideas made America great.
But, things have changed. Today it is acceptable to rely on government to solve
our problems instead of taking responsibility for solving them ourselves. We
borrow more, spend more, save less, and rely on government to bail us out in
old age. We want government to “take care of us” when it comes to medical care.
We have become a culture of entitlement. And our rhetoric is more about
victimhood and entitlement than initiative and self-reliance. Unlike our
grandparents, we have no shame from accepting handouts.
We now accept Social Security and Medicare as normal. Many want Obamacare and
are willing to give up some sovereignty and self-reliance to get it. Our
younger generations believe they have a right to higher education and that they
(or their parents) should not have to pay for it. Government always has a
solution for you.
This is a massive cultural shift and it represents a struggle between two
opposing forces: our exceptionalism versus the entitlement culture. Both
operate in our society side-by-side, but the trend clearly favors the culture
of entitlement.
Our exceptionalism has declined inversely to the rise of the welfare state. It
started with the Progressive movement in the early 20th Century and the rise of
a powerful federal government. The greatest change came during the Franklin
Roosevelt years when government was seen to be a solution rather than the
problem that our Founders witnessed. The New Deal changed the social landscape
because its many programs pervaded almost every aspect of society. Many
of these programs survive today.
The significance of the Progressive movement is that the now common belief that
government “works” has become fixed in the popular psyche. That is far from de
Toqueville’s image of self-reliant individualistic Americans. The belief that
we can rely on government to solve problems means that we don’t have to solve
them ourselves. It means subordinating our individualism to the technocrat
class.
What are the consequences of this cultural shift? Higher taxes and a less
dynamic economy. Ultimately it means the disintegration of our economy. Let me
explain why.
We are becoming “European” in the sense that most of our fellow Americans
accept the idea that the welfare state has primacy over the individual in
pursuing social goals. As a result we are becoming less dynamic as a society.
We are becoming more complacent, culturally acceding to the mediocrity of
security at the expense of personal freedom. It means that taxpayers are
willing to accept higher taxes to pay for the Nanny State.
The question is: which taxpayers?
It is an axiom of politics that the recipient class will vote to preserve their
benefits. If they become the majority you will never get rid of their benefits.
The recipient class is already in the majority. The 77 million long-lived Baby
Boomers will be the dominant economic force for the next 40 years. And they
vote.
[chart]
Boomers will retire and apply for their Social Security and Medicare benefits.
That is, they will cease being producers and become recipients. They will draw
on those benefits for many, many years. It’s pretty obvious they won’t pay for
it.
It doesn’t take a statistician to see that our declining birthrate means there
will be fewer producers to support a growing class of recipient. The Social Security
Administration estimates that by 2035 only 2.1 workers will support one
recipient (down from about 5.1 workers in 1960 to about 3.0 today). Therein
lies the problem: our system of benefits is unworkable. When the working
taxpayers realize how much they must pay in taxes to support an unworkable
system, change will come, just not soon enough to satisfy S&P.
Add to that the following statistic:
A record 18.3% of
the nation’s total personal income was a payment from the government for Social
Security, Medicare, food stamps, unemployment benefits, and other programs in
2010. Wages accounted for the lowest share of income -- 51.0% -- since the
government began keeping track in 1929.
You may believe that the cultural values de Tocqueville identified haven’t
diminished in the US, but they have. Almost every index measuring startups and
job creation has declined. Here is some longitudinal data from the Census Department showing this
trend:
[chart]
It would be foolish of me to ignore the unparalleled entrepreneurial
infrastructure we Americans have. It is still strong and serves us well. This
infrastructure includes a vast economic system that provides capital and
support for entrepreneurs and rewards success well. It is a strong social force
that is the exact opposite of the cultural attitudes toward entitlement that I
discussed above. We still believe in the ability to make it big.
But that is changing. The decline in new business formation is still a telling
statistic. Since most (55%) new business formations have 1 to 4 employees
(if 1 to 10, then 76% in 2009), it demonstrates a shift in popular attitudes
about starting your own business.
Good things don’t last forever when their cultural and moral foundations are
being destroyed.
I don’t believe we will have budget reform that will be sufficient to turn
supertanker America around. We will have budget reform but it won’t put a
significant dent in our social welfare programs, at least in time to avoid
S&P’s threatened downgrade of US Treasuries. I would hope that Republicans
and Democrats can come together to deal with the
underlying substantive issues.
Maybe the Republicans will be able to force through some major changes in
Social Security, Medicare, and (eliminate) Obamacare. If they win the
Presidency in 2012 and are able to take Congress as well, it could be a
political sea change.
Don’t misunderstand what I am saying: I strongly support any attempts at
reform, but I don’t believe in political miracles. When polls of Tea Partiers
show they don’t want their retirement benefits touched, their new brand of
conservatism illustrates the breadth of our cultural change and the new
political reality.
Ask yourself this question: if the welfare system is not quickly reformed, what
solutions will our politicians turn to?
The answer is symbolic of the two clashing societal forces in America: the producers
versus the recipients. We know that the recipients have more votes.
I believe increased taxes are inevitable and, with Republicans’ opposition to
increased income taxes, raising them is questionable. That leaves politicians
with a very European solution: a national sales tax. With exemptions for
politically favored classes (“poor” people, however defined) it will be hailed
as a fair tax that will fall primarily on the “rich.”
“Everybody who understands our long-term budget problems understands
we’re going to need a new source of revenue, and a VAT [value-added tax]
is an obvious candidate,” said Leonard Burman, co-director of the Tax Policy
Center, a joint project of the Urban Institute and the Brookings Institution,
who testified on Capitol Hill [May, 2009] about his own VAT plan. “It’s common
to the rest of the world, and we don’t have it.”
And my point is that Americans will accept high taxes to get their benefits and
that makes us similar to Europeans who are used to them:
[chart]
If we cannot achieve fundamental reform of our welfare system, then high taxes
will become a fixture of our society and that has negative economic
consequences.
There is an economic concept known as the Rahn Curve, devised by Professor
Richard Rahn, now a Senior Fellow at the Cato Institute. It states that as
government spending exceeds a certain percentage of GDP, the economy will
decline as a result. That number is subject to fierce debate among economists,
but it ranges from 15% to 25% of GDP.
[chart]
There are sound reasons for this idea, mainly that since government produces
nothing, the more it spends the less the private economy has to invest and
spend. This means less productivity. European countries are saddled with low
productivity, high taxes, and permanently high unemployment. Further, they are
facing the same demographic issues that we find in the US: a graying (and
declining) population. Their welfare systems are in trouble now, and as
Margaret Thatcher famously warned about socialism, they are finding that
eventually you really do run out of other people’s money.
What does this mean for America and S&P? It means we are likely to
experience a downgrade in our sovereign debt at some point in the future. Don’t
ask me to predict when this will happen. There are too many “what ifs.” A
downgrade means that there will be less money available to the government for
its programs. It means that debt service costs will rise. It means the Treasury
will find it more difficult to place US debt. It means that many holder of our
debt will try to unload their positions (it won’t be easy for them). It means
the Fed will likely acquire more Treasurys, effectively monetizing the debt and
this monetary inflation will lead to price inflation. It means that the dollar
will decline further. It means there will be pressure on the government to
raise taxes further. It also means that inflation will be employed as an
additional tool of fiscal policy as rising prices (actually devalued dollars)
will allow the government to repay debt with cheaper dollars.
It will also mean that we will be closer to the European ideal and farther away
from american exceptionalism. The very long-term consequences of this cannot be
known, but it won’t be good for america…’
(Washington Post) Public workers’ retirement funds had a gap
of $1.26 trillion at the end of fiscal 2009, a report says.
Study:
Affordable rentals scarce
(Washington Post) Share of
renters who spend more than half their income on housing is at its highest
level in half a century.
Poll:
For Obama, low marks on Afghan war (Washington Post) More Americans disapprove of President
Obama’s management of the war in Afghanistan than support it, according to a
new Washington Post-ABC News poll, a finding that reflects the public’s broader
concern over the course of the nearly decade-old conflict.
Fuel
prices cut into Obama popularity
(Washington Post) As gas prices
bite into household incomes, Obama’s support takes a hit, according to new
poll. The high fuel price dynamic is the
slow / now faster motion, long predicted hyperinflationary consequence of
failed fed, administration, congressional economic / financial / fiscal policy
that essentially has been interposed for the (short-term particularly) benefit
of the frauds on wall street (The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed), and have used the mideast turmoil to obfuscate their
failure… an
especially great opportunity to sell / take profits while you still can since
there's much worse to come! America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Return of Inflation: 5 Worrying Signs From Friday's NY Times
Gerson:
How serious are we about the deficit? (Washington Post) [ Not too! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘On Thursday April 21,
2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is
about to be mass revised by everyone, courtesy of Japan, and ongoing inflation
pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high)
to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come!
People
are leaving California city because of poor economy There is much talk in
Washington, D.C. that the economic recovery is underway, but in some parts of
the America, like in Riverside, Ca., the economy continues to take a downward
spiral.
National
security shake-up expected
(Washington Post) [ Shake-up? I
don’t think so. There may have been a time when a such changes, be it
personnel, policy, etc., might as per the following reference be slight exaggeration;
but no more, as all such now is literally a rearrangement of the deck chairs on
the uss Titanic. Nothing succeeds quite like failure in america these days! Poll:
Egyptians skeptical about U.S.
Egyptians have an unfavorable view of the U.S., but they are also
divided over Islamic fundamentalists. (Washington Post) [ Hey! … Guess what? … americans and the rest
of the world (except zionist israel, zionists, and old biddy britain) are
skeptical and have an unfavorable view of america. The Economic Collapse: 24 more signs of economic decline in America…
#1 On Monday, S&P altered its outlook on U.S.
government debt from “stable” to “negative” ..at the rest of the world is
losing faith in the U.S. dollar and in U.S. Treasuries.
#2 China has
announced reducing their holdings of U.S. dollar
#3 .. “panic
dollar selling is setting in” and U.S. dollar in for a huge decline.
#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.
#5 Bad economy is causing “ghost towns” to appear all
across the U.S..
#6 There are now about 7.25
million less jobs in America than when the recession began back in 2007.
#7 The average American family is having a really tough time
- Only 45.4% of Americans had a job during 2010. .
#8 Only 66.8% of American men had a job last year-
lowest level ever ..
#9 Avg CEO made 343 times more money than the
average American
#10 Gas prices five dollars per gallon at gas stations.. $6 gas soon
#11 .. 12 months the average price of gasoline in the US
has gone up by
about 30%.
#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during first qtr 2011.
#13 U.S. households now receiving more from the US gov’t
than
they are paying to the government in taxes.
#14 1 of 4
dollars that the U.S. govt borrows goes to pay the interest on the national debt.
#15 Total home mortgage debt in the United States is
now about
5 times larger than it was just 20 years ago.
#16 Total credit card debt in u.s. more than 8 times larger
than 30 yrs ago.
#17 Avg household debt in the United States has
now reached a level of 136% of avg household income. In China, avg
household debt is only 17% of avg household income.
#18 Avg American spends approximately 23 percent
.. on food and gas.
#19 .. 74 percent of u.s. said that they
planned to slow down their spending
#20 59 percent u.s. receive money from the
govt ..
#21 avg length of unemployment in the U.S. is now an
all-time record 39 weeks.
#22 u.s. random acts
of violence”…
#23 Americans are popping
the gold teeth right out of their mouths / selling them to pawn shops.
#24
..u.s. people gobbling up larger and larger amounts of antidepressants / other
drugs. ..’ ]
The
president, lost in thought
(Washington Post) In politics,
deep and complex thinkers such as Obama can seem adrift. [ How ‘bout just lost!
Wobama apologist Mr. Milbank is at it again;viz., new ways to explain away
wobama’s reflection at trying to remember what he previously said so as not to
appear as to have been as disingenuous as you’d expect a common liar to be.
Yet, I believe Mr. Milbank misreads the current signs which in fact reflect for
‘wobama the b’ (for b*** s***) a current loss beyond thought which has cast him
into a ‘funk’: Drudgereport: TELEPROMPTER INVENTOR DIES...
(Wobama ‘goes in mourning … day of silence declared’)
Attorney
General Holder defends his tenure
(Washington Post) [ Defending the
indefensible! Yes … there is no defending this ag … He should step down, forced
to resign … Obama
faces fundraising test in California
(Washington Post) [ Test? You mean intelligence test for those
Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool
me twice, shame on me’. Now frauds on wall street got value for their bribes;
viz., no prosecution of their continuing nation-destroying frauds, yet cleaning
up the frauds with prosecutions was the presumption upon which their support was predicated , at
least in part. Certainly Hollywood spoke with their academy award for ‘Inside
Job’ . Roche
'The worst part of it ...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 ... . 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown. ]
Approval of Congress at 9%
Rasmussen Reports |
Nine percent (9%) now say Congress is doing a good.
Original
rulers of the celebrity world (Washington Post) Perhaps more than any single event, wedding
is exposing members of royal family for what they really are. [ What they
really are? … only slightly less nauseating than the wobamas! … I mean, come on
… at least actors serve some purpose; viz., the cinematic artform. I refrained
from ‘raining on their parade’ as ‘bad style’ but now I can say the same is
‘much ado about nothing’, and quite embarrassing for particularly Orwellian
england which is in shambles, much like the pervasively corrupt, defacto
bankrupt u.s.. In this world, there are no elites, nothing royal, and
monarchies are indulgent anachronisms that are obsolete and can no longer be afforded.
It’s rather pathetic to see the brits and yanks falling all over themselves on
this. After all, aren’t the so-called royals no more than over-indulged,
opulently accoutered welfare families upon whose wealth, though largely the
result of public ‘largess’, the servile public have no lien. … 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 [
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 ). ]
More
Democrats defiant on debt ceiling (Washington Post) Lawmakers are pushing back against the White
House, joining the GOP in calling for deficit reductions as a condition for
lifting the $14.3 trillion ceiling. [ Ah yes, ‘The Defiant Ones’… principled to
the end … Gerson:
How serious are we about the deficit? (Washington Post) [ Not too! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘On Thursday April 21,
2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is
about to be mass revised by everyone, courtesy of Japan, and ongoing inflation
pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high)
to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come!
The Economic
Collapse: 24 more signs of economic
decline in America…
#1 On Monday, S&P altered its outlook on U.S.
government debt from “stable” to “negative” ..at the rest of the world is
losing faith in the U.S. dollar and in U.S. Treasuries.
#2 China has
announced reducing their holdings of U.S. dollar
#3 .. “panic
dollar selling is setting in” and U.S. dollar in for a huge decline.
#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.
#5 Bad economy is causing “ghost towns” to appear all
across the U.S..
#6 There are now about 7.25
million less jobs in America than when the recession began back in 2007.
#7 The average American family is having a really tough time
- Only 45.4% of Americans had a job during 2010. .
#8 Only 66.8% of American men had a job last year-
lowest level ever ..
#9 Avg CEO made 343 times more money than the
average American
#10 Gas prices five dollars per gallon at gas stations.. $6 gas soon
…11-24…]
Key
Afghan aid programs delayed
(Washington Post) [ Strategy? Critical time? Seems we’ve heard that song
before. And, yet another nation and innocent lives destroyed for no good reason
… and, pervasively corrupt and defacto bankrupt america … winning hearts and
minds …NOT! … Petraeus
to helm more-militarized CIA
(Washington Post) [ I personally unequivocally believe there has already
been a defacto coup d’etat in america. Drudgereport: Pentagon
Warns Obama Against Deeper Defense Cuts ... (And where is it going to come from
... we've already had in pervasively corrupt, defacto bankrupt, war crimes
nation america a defacto coup d'etat) ... 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… http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Top
Mexican Drug Lord: I Trafficked Cocaine For The U.S. Government .. CIA
torture jet that crashed with four tons on cocaine on board back in 2007 has told
the U.S. District Court for the Northern District of Illinois in Chicago that
he has been working as a U.S. government asset for years. . Rendition:
Where the War on Terror Meets the War on Drugs Henningsen
| ... 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
… “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 .. 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. .. was one of the very same planes chartered to the CIA for the
rendition of suspected terrorists prisoners…’]
Krauthammer:
Obama leads from behind (Washington
Post) [ Behind … as in pulling it out
of his arse! He is clearly a failed president as was his predecessor, war
criminal dumbya bush, et als. The
president, lost in thought
(Washington Post) In politics,
deep and complex thinkers such as Obama can seem adrift. [ How ‘bout just lost!
Wobama apologist Mr. Milbank is at it again;viz., new ways to explain away
wobama’s reflection at trying to remember what he previously said so as not to
appear as to have been as disingenuous as you’d expect a common liar to be.
Yet, I believe Mr. Milbank misreads the current signs which in fact reflect for
‘wobama the b’ (for b*** s***) a current loss beyond thought which has cast him
into a ‘funk’: Drudgereport: TELEPROMPTER INVENTOR DIES...
(Wobama ‘goes in mourning … day of silence declared’)
Julian
Assange to RT: Worst WikiLeaks cables yet to come The man behind WikiLeaks
says his website’s revelations are just the tip of the iceberg. In an exclusive
interview with RT, Julian Assange said it is only a matter of time before more
damaging information becomes known. The publication of confidential cables
proved deeply embarrassing for the US and other countries.
Losing Faith (In
The U.S. Economy) Are the American people losing faith in the U.S. economy?
The statistics that you are about to read might surprise you.
The
Royal Wedding, American Idol, Dancing With The Stars And 7 Other Ways That The
American People Are Being Distracted From Our Real Problems Have you caught
“royal wedding fever” yet? The union of Prince William and Kate Middleton is
already being called “the wedding of the century” and it will almost certainly
be the most watched event in the entire world this year.
Gallup
Poll Shows that More Americans Believe the U.S. is in a Depression than is
Growing … Are They Right? [Yes!] Consumer confidence is, well … in somewhat
of a depression.
PROOF!!! Obama
Birth Certificate Fraud
Drudgereport:
SF
CHRONICLE: WHITE HOUSE LYING Update: In a pants-on-fire moment, the White House press office today denied anyone there had issued threats to remove
Carla Marinucci and possibly other Hearst reporters from the press pool
covering the President in the Bay Area.Chronicle editor Ward Bushee called the
press office on its fib: Sadly, we expected the White House
to respond in this manner based on our experiences yesterday. It is not a
truthful response. It follows a day of off-the-record exchanges with key people
in the White House communications office who told us they would remove our
reporter, then threatened retaliation to Chronicle and Hearst reporters if we
reported on the ban, and then recanted to say our reporter might not be removed
after all.The Chronicle's
report is accurate…’Read more: http://www.sfgate.com/cgi-bin/blogs/bronstein/detail?entry_id=87978#ixzz1Kzv7asG6
PUMP
PRICES JUMP ON TIGHTENING SUPPLIES...
Romney
blames Obama...
MORE
RECORD PROFITS...
Gold
Surges to All-time Record...
Dollar
reaches three-year low...
Losing
to the Loonie...
China
divesting...
NO
JOKE: Superman to renounce U.S. citizenship...
Storm
death over 300
in South...
Deadliest
Swarm of Twisters Since 1974...
Among
Largest, Strongest Ever Recorded...
ECONOMY
SLOWS, INFLATION GROWS...
Doubt
cast on recovery...
Dollar
drops to lowest since 2008...
Investors
flee greenback; silver hits all-time high, gold sets new record...
GALLUP:
U.S. confidence plunges, only 27% say economy is growing...
WAL-MART:
Our shoppers are 'running out of money'...
JOBLESS
CLAIMS 429,000...
CBS
ANCHOR SCHIEFFER: Trump is racist...
TRUMP
TO GIBBS: YOU'RE 'A LOSER' [‘Another trumped-up case of the pot calling the
kettle black’]... TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically,
Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir
melodramatic fashion which proved too much for the more balanced and ‘chosen /
favored’ elder brother trump who committed suicide. The old man also required
trump to go to prep / military / boarding school where according to a
classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as
dumbya bush … mobster trump and people like trump are part of the problem (total
b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes, jersey /
new york), not the solution. Indeed, trump is an interesting mental case in
that he evolved from narcissist (those inflated grandiose moods coupled with
feelings of inferiority – he loved to obsessively read those hitler speeches
for inspiration and to pump himself up according to Ivana Trump) to severe case
of antisocial personality disorder [ predatory disregard for and violation of
the rights of others – hence, those sophomoric soundbite solutions to complex
problems as, ie., taking oil fields(Libya), 25% tariff on Chinese (actually
including american goods made in China), drug money laundering in his casinos,
bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in decline as pervasively corrupt,
defacto bankrupt america, trump and sister Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden
daughter trashes Trump...
Bill Cosby slams: 'He's
full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC
where t_rump has his Jerry Springer
derivative shock-jock show and sinkhole new york's fraud street journal … poll?
… Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider
firing Donald Trump Daily
Caller ... 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 (ie., new york, jersey, etc.) 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 ]
He also with his corrupt mob ilk 'chased' Steve Wynn out of jersey – Steve
Wynn's doing extremely well in Macau and Vegas.) "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.” ]
Economy
grows, but slows (Washington Post)
Economic growth slowed at the start of the year, weighed down by higher
oil prices and lower government spending, according to new data. [ At what cost for that ‘slow growth’, if
any. They’re dreamin’!
Fed
Chairman Bernanke does reality TV
(Washington Post) [ Except the ‘NO-RECESSION HELICOPTER BEN B.S.
BERNANKE’ show is scripted unreality … even with his reduction in estimate for
‘economic growth’, the frauds on wall street still rallied. Bernanke
prepares to make history (Washington
Post) [ He already has! $6 gas acomin’,
$1,508+ gold, $46+ silver, other commodities at record levels, hyperinflation
as predicted well on the way from over-printing of fiat paper currency by fed
as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
35. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
36. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
37. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
38. The artificially suppressed interest rates...
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
ATTENTION: REPORTERS –
HIP BOOTS MANDATORY, WADERS RECOMMENDED SINCE YOU’LL BE AT LEAST KNEE-DEEP IN
‘NO-RECESSION HELICOPTER BEN B.S. BERNAKE’ B*** S***! ] On Wednesday, he will be the first Fed
chairman to take on-the-record questioning from the media.
]
Krauthammer:
Obama leads from behind (Washington
Post) [ Behind … as in pulling it out
of his arse! He is clearly a failed president as was his predecessor, war
criminal dumbya bush, et als. The
president, lost in thought
(Washington Post) In politics,
deep and complex thinkers such as Obama can seem adrift. [ How ‘bout just lost!
Wobama apologist Mr. Milbank is at it again;viz., new ways to explain away
wobama’s reflection at trying to remember what he previously said so as not to
appear as to have been as disingenuous as you’d expect a common liar to be.
Yet, I believe Mr. Milbank misreads the current signs which in fact reflect for
‘wobama the b’ (for b*** s***) a current loss beyond thought which has cast him
into a ‘funk’: Drudgereport: TELEPROMPTER INVENTOR DIES...
(Wobama ‘goes in mourning … day of silence declared’)
Attorney
General Holder defends his tenure
(Washington Post) [ Defending the
indefensible! Yes … there is no defending this ag … He should step down, forced
to resign … Obama
faces fundraising test in California
(Washington Post) [ Test? You mean intelligence test for those
Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool
me twice, shame on me’. Now frauds on wall street got value for their bribes;
viz., no prosecution of their continuing nation-destroying frauds, yet cleaning
up the frauds with prosecutions was the presumption upon which their support was predicated , at
least in part. Certainly Hollywood spoke with their academy award for ‘Inside
Job’ . Roche
'The worst part of it ...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 ... . 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown. ]
]
Original
rulers of the celebrity world (Washington Post) Perhaps more than any single event, wedding
is exposing members of royal family for what they really are. [ What they
really are? … only slightly less nauseating than the wobamas! … I mean, come on
… at least actors serve some purpose; viz., the cinematic artform. I refrained
from ‘raining on their parade’ as ‘bad style’ but now I can say the same is
‘much ado about nothing’, and quite embarrassing for particularly Orwellian
england which is in shambles, much like the pervasively corrupt, defacto
bankrupt u.s.. In this world, there are no elites, nothing royal, and
monarchies are indulgent anachronisms that are obsolete and can no longer be
afforded. It’s rather pathetic to see the brits and yanks falling all over
themselves on this. After all, aren’t the so-called royals no more than
over-indulged, opulently accoutered welfare families upon whose wealth, though
largely the result of public ‘largess’, the servile public have no lien. … 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 [
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 ). ]
More
Democrats defiant on debt ceiling (Washington Post) Lawmakers are pushing back against the White
House, joining the GOP in calling for deficit reductions as a condition for
lifting the $14.3 trillion ceiling. [ Ah yes, ‘The Defiant Ones’… principled to
the end … Gerson:
How serious are we about the deficit? (Washington Post) [ Not too! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘On Thursday April 21,
2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is
about to be mass revised by everyone, courtesy of Japan, and ongoing inflation
pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high)
to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come!
The Economic
Collapse: 24 more signs of economic
decline in America…
#1 On Monday, S&P altered its outlook on U.S.
government debt from “stable” to “negative” ..at the rest of the world is
losing faith in the U.S. dollar and in U.S. Treasuries.
#2 China has
announced reducing their holdings of U.S. dollar
#3 .. “panic
dollar selling is setting in” and U.S. dollar in for a huge decline.
#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.
#5 Bad economy is causing “ghost towns” to appear all
across the U.S..
#6 There are now about 7.25
million less jobs in America than when the recession began back in 2007.
#7 The average American family is having a really tough time
- Only 45.4% of Americans had a job during 2010. .
#8 Only 66.8% of American men had a job last year-
lowest level ever ..
#9 Avg CEO made 343 times more money than the
average American
#10 Gas prices five dollars per gallon at gas stations.. $6 gas soon
…11-24…]
Key
Afghan aid programs delayed
(Washington Post) [ Strategy? Critical time? Seems we’ve heard that song
before. And, yet another nation and innocent lives destroyed for no good reason
… and, pervasively corrupt and defacto bankrupt america … winning hearts and
minds …NOT! … Petraeus
to helm more-militarized CIA
(Washington Post) [ I personally unequivocally believe there has already
been a defacto coup d’etat in america. Drudgereport: Pentagon
Warns Obama Against Deeper Defense Cuts ... (And where is it going to come from
... we've already had in pervasively corrupt, defacto bankrupt, war crimes
nation america a defacto coup d'etat) ... 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… http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Top
Mexican Drug Lord: I Trafficked Cocaine For The U.S. Government .. CIA
torture jet that crashed with four tons on cocaine on board back in 2007 has
told the U.S. District Court for the Northern District of Illinois in Chicago
that he has been working as a U.S. government asset for years. . Rendition:
Where the War on Terror Meets the War on Drugs Henningsen
| ... 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
… “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 .. 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. .. was one of the very same planes chartered to the CIA for the
rendition of suspected terrorists prisoners…’]
Disappointing
First Quarter GDP Growth (Stocks rally on the bad news!) (The advance
estimate for Q1 GDP came in at 1.8 percent — a sharp decline from last
quarter’s 3.1 – and worse than expected)
Weekly
Unemployment Claims Back Above This Scary Line (Stocks rally on the bad
news!) Short ‘On Thursday April 28, 2011, The
Department of Labor’s Unemployment Insurance Weekly Claims Report was released
this morning for last week. Claims rose 25,000 from an upward revision of the
previous week to 429,000. The 4-week moving average increased by 2.3%. Here is
the official statement from the Department of Labor:
In the week
ending April 23, the advance figure for seasonally adjusted initial claims was
429,000, an increase of 25,000 from the previous week’s revised figure of
404,000. The 4-week moving average was 408,500, an increase of 9,250 from the
previous week’s revised average of 399,250.
The advance
seasonally adjusted insured unemployment rate was 2.9 percent for the week
ending April 16, a decrease of 0.1 percentage point from the prior week’s
revised rate of 3.0 percent.
The advance
number for seasonally adjusted insured unemployment during the week ending
April 16 was 3,641,000, a decrease of 68,000 from the preceding week’s revised
level of 3,709,000. The 4-week moving average was 3,697,750, a decrease of
22,750 from the preceding week’s revised average of 3,720,500.
Today’s number
was 10% higher than the Briefing.com consensus expectation of 390,000 claims.
As we can see,
there’s a good bit of volatility in this indicator, which is why the 4-week
moving average (shown in the callouts) is a more useful number than the weekly
data.
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims
Occasionally I
see articles critical of seasonal adjustment, especially when the non-adjusted
number better suits the author’s bias. But a comparison of these two charts
clearly shows extreme volatility of the non-adjusted data, and the 4-week MA
gives an indication of the recurring pattern of seasonal change in the second
chart (note, for example, those regular January spikes).
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims-NSA
Because of the
extreme volatility of the non-adjusted weekly data, a 52-week moving average
gives a better sense of the long-term trends.
http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims-NSA-52-ma
The Bureau of
Labor Statistics provides an overview on seasonal adjustment here (scroll down about
half way down).
Doug Short Ph.d is the author
of dshort.com.’
Gerald
Celente: ‘Bernanke Devaluing the Dollar’ Should Americans be concerned?
Absolutely, says Gerald Celente, director at the Trends Research Institute.
While Bernanke may have taken to the press, Celente says Ben’s “jive talk”
shouldn’t be trusted as he devalues the dollar and distastes the economy.
Trump faces scrutiny over donations, merch made in China (The
Ticket)
Dollar Loses More Ground
WSJ | The dollar
dropped after economic indicators pointed to a dismal employment picture and
slowing economic growth.
Gerson:
How serious are we about the deficit? (Washington Post) [ Not too! I mean come on! 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! ‘ … Suckers’
rally to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘On Thursday April 21,
2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is
about to be mass revised by everyone, courtesy of Japan, and ongoing inflation
pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high)
to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come!
The Economic
Collapse: 24 more signs of economic
decline in America…
#1 On Monday, S&P altered its outlook on U.S.
government debt from “stable” to “negative” ..at the rest of the world is
losing faith in the U.S. dollar and in U.S. Treasuries.
#2 China has
announced reducing their holdings of U.S. dollar
#3 .. “panic
dollar selling is setting in” and U.S. dollar in for a huge decline.
#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.
#5 Bad economy is causing “ghost towns” to appear all
across the U.S..
#6 There are now about 7.25
million less jobs in America than when the recession began back in 2007.
#7 The average American family is having a really tough time
- Only 45.4% of Americans had a job during 2010. .
#8 Only 66.8% of American men had a job last year-
lowest level ever ..
#9 Avg CEO made 343 times more money than the
average American
#10 Gas prices five dollars per gallon at gas stations.. $6 gas soon …
Panic
selling of the U.S. dollar now underway as debt system implodes To most
Americans it’s unthinkable that the U.S. dollar could someday be relegated to
second-class status as a currency, but what they may not realize is that the
transition is already underway.
Fed
Chairman Bernanke does reality TV
(Washington Post) [ Except the ‘NO-RECESSION HELICOPTER BEN B.S.
BERNANKE’ show is scripted unreality … even with his reduction in estimate for
‘economic growth’, the frauds on wall street still rallied. Bernanke
prepares to make history (Washington
Post) [ He already has! $6 gas acomin’,
$1,508+ gold, $46+ silver, other commodities at record levels, hyperinflation
as predicted well on the way from over-printing of fiat paper currency by fed
as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
39. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
40. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
41. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
42. The artificially suppressed interest rates...
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
ATTENTION: REPORTERS –
HIP BOOTS MANDATORY, WADERS RECOMMENDED SINCE YOU’LL BE AT LEAST KNEE-DEEP IN
‘NO-RECESSION HELICOPTER BEN B.S. BERNAKE’ B*** S***! ] On Wednesday, he will be the first Fed
chairman to take on-the-record questioning from the media.
24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline and it is getting really hard to deny
it. ..’ ] States
face shortfall for retirees (Washington Post) Public workers’ retirement funds had a gap
of $1.26 trillion at the end of fiscal 2009, a report says.
Study:
Affordable rentals scarce
(Washington Post) Share of
renters who spend more than half their income on housing is at its highest
level in half a century.
Poll:
For Obama, low marks on Afghan war (Washington Post) More Americans disapprove of President
Obama’s management of the war in Afghanistan than support it, according to a
new Washington Post-ABC News poll, a finding that reflects the public’s broader
concern over the course of the nearly decade-old conflict.
Fuel
prices cut into Obama popularity
(Washington Post) As gas prices
bite into household incomes, Obama’s support takes a hit, according to new
poll. The high fuel price dynamic is the
slow / now faster motion, long predicted hyperinflationary consequence of
failed fed, administration, congressional economic / financial / fiscal policy
that essentially has been interposed for the (short-term particularly) benefit
of the frauds on wall street (The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed), and have used the mideast turmoil to obfuscate their
failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Return of Inflation: 5 Worrying Signs From Friday's NY Times
National
security shake-up expected
(Washington Post) [ Shake-up? I
don’t think so. There may have been a time when a such changes, be it
personnel, policy, etc., might as per the following reference be slight
exaggeration; but no more, as all such now is literally a rearrangement of the
deck chairs on the uss Titanic. Nothing succeeds quite like failure in america
these days! Poll:
Egyptians skeptical about U.S.
Egyptians have an unfavorable view of the U.S., but they are also
divided over Islamic fundamentalists. (Washington Post) [ Hey! … Guess what? … americans and the rest
of the world (except zionist israel, zionists, and old biddy britain) are
skeptical and have an unfavorable view of america. The Economic Collapse: 24 more signs of economic decline in America…
#1 On Monday, S&P altered its outlook on U.S.
government debt from “stable” to “negative” ..at the rest of the world is
losing faith in the U.S. dollar and in U.S. Treasuries.
#2 China has
announced reducing their holdings of U.S. dollar
#3 .. “panic
dollar selling is setting in” and U.S. dollar in for a huge decline.
#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.
#5 Bad economy is causing “ghost towns” to appear all
across the U.S..
#6 There are now about 7.25
million less jobs in America than when the recession began back in 2007.
#7 The average American family is having a really tough time
- Only 45.4% of Americans had a job during 2010. .
#8 Only 66.8% of American men had a job last year-
lowest level ever ..
#9 Avg CEO made 343 times more money than the
average American
#10 Gas prices five dollars per gallon at gas stations.. $6 gas soon
#11 .. 12 months the average price of gasoline in the US
has gone up by
about 30%.
#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during first qtr 2011.
#13 U.S. households now receiving more from the US gov’t
than
they are paying to the government in taxes.
#14 1 of 4
dollars that the U.S. govt borrows goes to pay the interest on the national debt.
#15 Total home mortgage debt in the United States is
now about
5 times larger than it was just 20 years ago.
#16 Total credit card debt in u.s. more than 8 times larger
than 30 yrs ago.
#17 Avg household debt in the United States has
now reached a level of 136% of avg household income. In China, avg
household debt is only 17% of avg household income.
#18 Avg American spends approximately 23 percent
.. on food and gas.
#19 .. 74 percent of u.s. said that they
planned to slow down their spending
#20 59 percent u.s. receive money from the
govt ..
#21 avg length of unemployment in the U.S. is now an
all-time record 39 weeks.
#22 u.s. random acts
of violence”…
#23 Americans are popping
the gold teeth right out of their mouths / selling them to pawn shops.
#24
..u.s. people gobbling up larger and larger amounts of antidepressants / other
drugs. ..’ ]
The
president, lost in thought
(Washington Post) In politics,
deep and complex thinkers such as Obama can seem adrift. [ How ‘bout just lost!
Wobama apologist Mr. Milbank is at it again;viz., new ways to explain away
wobama’s reflection at trying to remember what he previously said so as not to
appear as to have been as disingenuous as you’d expect a common liar to be.
Yet, I believe Mr. Milbank misreads the current signs which in fact reflect for
‘wobama the b’ (for b*** s***) a current loss beyond thought which has cast him
into a ‘funk’: Drudgereport: TELEPROMPTER INVENTOR DIES...
(Wobama ‘goes in mourning … day of silence declared’)
Attorney
General Holder defends his tenure
(Washington Post) [ Defending the
indefensible! Yes … there is no defending this ag … He should step down, forced
to resign … Obama
faces fundraising test in California
(Washington Post) [ Test? You mean intelligence test for those
Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool
me twice, shame on me’. Now frauds on wall street got value for their bribes;
viz., no prosecution of their continuing nation-destroying frauds, yet cleaning
up the frauds with prosecutions was the presumption upon which their support was predicated , at
least in part. Certainly Hollywood spoke with their academy award for ‘Inside
Job’ . Roche
'The worst part of it ...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 ... . 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown. ]
Petraeus
to helm more-militarized CIA
(Washington Post) [ I personally unequivocally believe there has already
been a defacto coup d’etat in america. Drudgereport: Pentagon
Warns Obama Against Deeper Defense Cuts ... (And where is it going to come from
... we've already had in pervasively corrupt, defacto bankrupt, war crimes
nation america a defacto coup d'etat) ... 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! Top
Mexican Drug Lord: I Trafficked Cocaine For The U.S. Government The
“logistical coordinator” for a top Mexican drug-trafficking gang that was
responsible for purchasing the CIA torture jet that crashed with four tons on
cocaine on board back in 2007 has told the U.S. District Court for the Northern
District of Illinois in Chicago that he has been working as a U.S. government
asset for years. Rendition:
Where the War on Terror Meets the War on Drugs Henningsen
| ... 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 .. 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. .. was one of
the very same planes chartered to the CIA for the rendition of suspected
terrorists prisoners…’]
Drudgereport: NO
JOKE: Superman to renounce U.S. citizenship...
Storm
death near 300
in South...
Deadliest
Swarm of Twisters Since 1974...
Among
Largest, Strongest Ever Recorded...
ECONOMY
SLOWS, INFLATION GROWS...
Doubt
cast on recovery...
Dollar
drops to lowest since 2008...
Investors
flee greenback; silver hits all-time high, gold sets new record...
GALLUP:
U.S. confidence plunges, only 27% say economy is growing...
WAL-MART:
Our shoppers are 'running out of money'...
JOBLESS
CLAIMS 429,000...
CBS
ANCHOR SCHIEFFER: Trump is racist...
TRUMP
TO GIBBS: YOU'RE 'A LOSER' [‘Another trumped-up case of the pot calling the
kettle black’]... TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically, Donald
with the mantra, ‘you’re a killer, you’re a king’ in film noir melodramatic
fashion which proved too much for the more balanced and ‘chosen / favored’
elder brother trump who committed suicide. The old man also required trump to
go to prep / military / boarding school where according to a classmate, Ted
Levine, trump used to wet / pee in his bed.
) vegetable garden in the same manner as dumbya bush … mobster trump and
people like trump are part of the problem (total b*** s***, fraud, etc., as in
his home turf, mob-infested sinkholes, jersey / new york), not the solution.
Indeed, trump is an interesting mental case in that he evolved from narcissist
(those inflated grandiose moods coupled with feelings of inferiority – he loved
to obsessively read those hitler speeches for inspiration and to pump himself
up according to Ivana Trump) to severe case of antisocial personality disorder
[ predatory disregard for and violation of the rights of others – hence, those
sophomoric soundbite solutions to complex problems as, ie., taking oil
fields(Libya), 25% tariff on Chinese (actually including american goods made in
China), drug money laundering in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in decline as pervasively corrupt,
defacto bankrupt america, trump and sister Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden
daughter trashes Trump...
Bill Cosby slams: 'He's
full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC
where t_rump has his Jerry Springer
derivative shock-jock show and sinkhole new york's fraud street journal … poll?
… Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider
firing Donald Trump Daily
Caller ... 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 (ie., new york, jersey, etc.) 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 ]
He also with his corrupt mob ilk 'chased' Steve Wynn out of jersey – Steve
Wynn's doing extremely well in Macau and Vegas.) "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.” ]
Fed Spin Lifts Stocks: Dave's Daily ‘It's a con plain and simple. I've bought
into it because I must. Overall we're long and will be until the jig's up.
Until then, I've advised subscribers for many months that our Lazy Portfolios
are the path to success as Fed policies steamroll most technical systems beyond
HFTs [high-frequency traders]. When it ends, and it will, it's back to business
as usual. Earnings have been good, especially for companies (MMM, KO, MCD and
etc.) where a weak dollar has led to grand overseas profits. Most of those
gains remain stashed abroad and will remain there until U.S. corporate tax
policy changes--a cold day in hell IMHO. Further, Fed policies have been
positive for financial engineering, M&A, corporate debt financings and
stock buybacks. This is the result of a sea of liquidity finding its way to
Wall Street which trickles down to S&P 500 companies. It leads to minimal
gains in U.S. employment as companies are stimulated to outsource work
overseas. It does not lift real estate prices off the deck either. The great
con remains current inflation, which Bernanke alluded to briefly in his
comments today. They cling to "core" inflation as their measure of choice
while we commoners who shop everyday for essentials know better. Turbo Tim even
had the nerve to say the other day high gas prices are something we'll just
"adjust to" and "won't hurt" the recovery. He has a
government car and driver. He also had the nerve to reiterate the necessity to
maintain a strong dollar. Yikes! The Fed expects GDP to grow between 3.1 and
3.3% this year. Thursday's GDP data may serve as a guide although expectations
are for a weaker report. It's been a strange week as the dollar continued to
slide, commodities rallied and stocks moved higher on ultra light volume.
As to the latter, where is everybody? Most retail investors are content
to hang on to their IRAs and 401Ks but they're still distrustful of markets.
From the data it seems they'd rather have a new car or TV which is something
they can trust. Current trading patterns remain dominated by HFTs whether from
institutional trading desks or hedge funds. This is the way we've rolled since
QE2 began...’
Is
the Market Crazy? [ Short answer: Yes! Fraudulently, criminally insane type
crazy! ]
Drudgereport: SPOOK
SHUFFLE: PETRAEUS TO CIA, PANETTA TO PENTAGON (americans-just a bunch of
spooks!)...
Afghan
officer fires on U.S. troops, kills 9 [american war criminals winning hearts
and minds]...
BERNANKE:
Here comes the inflation...
GOLD
RECORD -- AGAIN...
Banks Warn
Obama on Soaring Debt Problems...
Gasoline
futures jump 6 cents in one day...
TRUMP
TO GIBBS: YOU'RE 'A LOSER' [‘Another trumped-up case of the pot calling the
kettle black’]... TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically,
Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir
melodramatic fashion which proved too much for the more balanced and ‘chosen /
favored’ elder brother trump who committed suicide. The old man also required
trump to go to prep / military / boarding school where according to a
classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as
dumbya bush … mobster trump and people like trump are part of the problem
(total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes,
jersey / new york), not the solution. Indeed, trump is an interesting mental
case in that he evolved from narcissist (those inflated grandiose moods coupled
with feelings of inferiority – he loved to obsessively read those hitler
speeches for inspiration and to pump himself up according to Ivana Trump) to
severe case of antisocial personality disorder [ predatory disregard for and
violation of the rights of others – hence, those sophomoric soundbite solutions
to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese
(actually including american goods made in China), drug money laundering in his
casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in decline as pervasively corrupt,
defacto bankrupt america, trump and sister Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden
daughter trashes Trump...
Bill Cosby slams: 'He's
full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC
where t_rump has his Jerry Springer
derivative shock-jock show and sinkhole new york's fraud street journal … poll?
… Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider
firing Donald Trump Daily
Caller ... 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 (ie., new york, jersey, etc.) 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 ]
He also with his corrupt mob ilk 'chased' Steve Wynn out of jersey – Steve
Wynn's doing extremely well in Macau and Vegas.) "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.” ]
Bernanke
prepares to make history (Washington
Post) [ He already has! $6 gas acomin’,
$1,508+ gold, $46+ silver, other commodities at record levels, hyperinflation
as predicted well on the way from over-printing of fiat paper currency by fed
as predicted, etc., Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
43. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
44. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
45. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
46. The artificially suppressed interest rates...
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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
ATTENTION: REPORTERS –
HIP BOOTS MANDATORY, WADERS RECOMMENDED SINCE YOU’LL BE AT LEAST KNEE-DEEP IN
‘NO-RECESSION HELICOPTER BEN B.S. BERNAKE’ B*** S***! ] On Wednesday, he will be the first Fed
chairman to take on-the-record questioning from the media.
24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline and it is getting really hard to deny
it. Over the past year I have included literally thousands of depressing
statistics in my articles about the U.S. economy. The
Economic Collapse April 23, 2011 The United States is in the middle of a devastating
long-term economic decline and it is getting really hard to deny it. Over
the past year I have included literally thousands of depressing statistics in
my articles about the U.S. economy… the U.S. economy is in deep decline and is
dying a little bit more every single day…
Treasury
quietly plans for debt showdown (Washington Post) As White House warns of catastrophe if
Congress fails to raise the debt ceiling, Geithner is working behind the scenes
to juggle the books and conserve cash. [ Quietly? Hardly. It’s probably the
most trumpeted quiet plan in the history of this now defacto bankrupt nation. 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! ‘
… Suckers’ rally
to keep suckers suckered: Philadelphia
Fed Depresses Economists Durden ‘On Thursday April 21,
2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is
about to be mass revised by everyone, courtesy of Japan, and ongoing inflation
pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high)
to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits
while you still can since there's much worse to come!]
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog.. the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite
the terrible economic performance of the past ten years, equity valuations are
the 2nd largest bubble in U.S. history... According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
according to this valuation metric. The only time the markets have been more
overvalued was a few brief months in 1929 and the tech bubble
... growth in earnings have been artificially manufactured...
47. The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.
48. The extended (and then further extended) unemployment
benefits have kept an artificially higher demand for consumer consumption. As a
result, the US government has artificially subsidized corporate profits.
49. The billions saved through “free loading” by
homeowners who have defaulted on their mortgages yet maintained their
residence, thus living without a mortgage payment.
50. The artificially suppressed interest rates...
Drudgereport: SPOOK
SHUFFLE: PETRAEUS TO CIA, PANETTA TO PENTAGON (americans-just a bunch of
spooks!)...
Afghan
officer fires on U.S. troops, kills 9 [american war criminals winning hearts
and minds]...
BERNANKE:
Here comes the inflation...
GOLD
RECORD -- AGAIN...
Banks Warn
Obama on Soaring Debt Problems...
Gasoline
futures jump 6 cents in one day...
TRUMP
TO GIBBS: YOU'RE 'A LOSER' [‘Another trumped-up case of the pot calling the
kettle black’]... TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically,
Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir
melodramatic fashion which proved too much for the more balanced and ‘chosen /
favored’ elder brother trump who committed suicide. The old man also required
trump to go to prep / military / boarding school where according to a
classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as
dumbya bush … mobster trump and people like trump are part of the problem
(total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes,
jersey / new york), not the solution. Indeed, trump is an interesting mental
case in that he evolved from narcissist (those inflated grandiose moods coupled
with feelings of inferiority – he loved to obsessively read those hitler
speeches for inspiration and to pump himself up according to Ivana Trump) to
severe case of antisocial personality disorder [ predatory disregard for and
violation of the rights of others – hence, those sophomoric soundbite solutions
to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese
(actually including american goods made in China), drug money laundering in his
casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in decline as pervasively corrupt,
defacto bankrupt america, trump and sister Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden
daughter trashes Trump...
Bill Cosby slams: 'He's
full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC
where t_rump has his Jerry Springer
derivative shock-jock show and sinkhole new york's fraud street journal … poll?
… Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider
firing Donald Trump Daily
Caller ... 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 (ie., new york, jersey, etc.) 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 ]
He also with his corrupt mob ilk 'chased' Steve Wynn out of jersey – Steve
Wynn's doing extremely well in Macau and Vegas.) "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.” ]
National
security shake-up expected
(Washington Post) [ Shake-up? I
don’t think so. There may have been a time when a such changes, be it
personnel, policy, etc., might as per the following reference be slight exaggeration;
but no more, as all such now is literally a rearrangement of the deck chairs on
the uss Titanic. Nothing succeeds quite like failure in america these days! Poll:
Egyptians skeptical about U.S.
Egyptians have an unfavorable view of the U.S., but they are also
divided over Islamic fundamentalists. (Washington Post) [ Hey! … Guess what? … americans and the rest
of the world (except zionist israel, zionists, and old biddy britain) are
skeptical and have an unfavorable view of america. The Economic Collapse: 24 more signs of economic decline in America…
#1 On Monday, S&P altered its outlook on U.S.
government debt from “stable” to “negative” ..at the rest of the world is
losing faith in the U.S. dollar and in U.S. Treasuries.
#2 China has
announced reducing their holdings of U.S. dollar
#3 .. “panic
dollar selling is setting in” and U.S. dollar in for a huge decline.
#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.
#5 Bad economy is causing “ghost towns” to appear all
across the U.S..
#6 There are now about 7.25
million less jobs in America than when the recession began back in 2007.
#7 The average American family is having a really tough time
- Only 45.4% of Americans had a job during 2010. .
#8 Only 66.8% of American men had a job last year-
lowest level ever ..
#9 Avg CEO made 343 times more money than the
average American
#10 Gas prices five dollars per gallon at gas stations.. $6 gas soon
#11 .. 12 months the average price of gasoline in the US
has gone up by
about 30%.
#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during first qtr 2011.
#13 U.S. households now receiving more from the US gov’t
than
they are paying to the government in taxes.
#14 1 of 4
dollars that the U.S. govt borrows goes to pay the interest on the national debt.
#15 Total home mortgage debt in the United States is
now about
5 times larger than it was just 20 years ago.
#16 Total credit card debt in u.s. more than 8 times larger
than 30 yrs ago.
#17 Avg household debt in the United States has
now reached a level of 136% of avg household income. In China, avg
household debt is only 17% of avg household income.
#18 Avg American spends approximately 23 percent
.. on food and gas.
#19 .. 74 percent of u.s. said that they
planned to slow down their spending
#20 59 percent u.s. receive money from the
govt ..
#21 avg length of unemployment in the U.S. is now an
all-time record 39 weeks.
#22 u.s. random acts
of violence”…
#23 Americans are popping
the gold teeth right out of their mouths / selling them to pawn shops.
#24
..u.s. people gobbling up larger and larger amounts of antidepressants / other
drugs. ..’ ]
The
president, lost in thought
(Washington Post) In politics,
deep and complex thinkers such as Obama can seem adrift. [ How ‘bout just lost!
Wobama apologist Mr. Milbank is at it again;viz., new ways to explain away
wobama’s reflection at trying to remember what he previously said so as not to
appear as to have been as disingenuous as you’d expect a common liar to be.
Yet, I believe Mr. Milbank misreads the current signs which in fact reflect for
‘wobama the b’ (for b*** s***) a current loss beyond thought which has cast him
into a ‘funk’: Drudgereport: TELEPROMPTER INVENTOR DIES...
(Wobama ‘goes in mourning … day of silence declared’)
Attorney
General Holder defends his tenure
(Washington Post) [ Defending the
indefensible! Yes … there is no defending this ag … He should step down, forced
to resign … Obama
faces fundraising test in California
(Washington Post) [ Test? You mean intelligence test for those
Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool
me twice, shame on me’. Now frauds on wall street got value for their bribes;
viz., no prosecution of their continuing nation-destroying frauds, yet cleaning
up the frauds with prosecutions was the presumption upon which their support was predicated , at
least in part. Certainly Hollywood spoke with their academy award for ‘Inside
Job’ . Roche
'The worst part of it ...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 ... . 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown. ]
]
Trump’s
donations favor Democrats
(Washington Post) [ Why the surprise? In addition to being a bribester,
mobster, trump’s a total fraudster / mental case who stands for absolutely
nothing more than expedient soundbites!
Drudgereport: TRUMP: Obama Not
Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically
donald with the mantra, ‘you’re a killer, you’re a king’ in film noir
melodramatic fashion which proved too much for the more balanced and ‘chosen /
favored’ elder brother trump who committed suicide. The old man also required
trump to go to prep / military / boarding school where according to a
classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as
dumbya bush … mobster trump and people like trump are part of the problem
(total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes,
jersey / new york), not the solution. Indeed, trump is an interesting mental
case in that he evolved from narcissist (those inflated grandiose moods coupled
with feelings of inferiority – he loved to obsessively read those hitler
speeches for inspiration and to pump himself up according to Ivana Trump) to
severe case of antisocial personality disorder [ predatory disregard for and
violation of the rights of others – hence, those sophomoric soundbite solutions
to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese
(actually including american goods made in China) goods, drug money laundering
in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in
decline as pervasively corrupt, defacto bankrupt america, trump and sister
Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden daughter
trashes Trump...
Bill Cosby:
'He's full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC where t_rump has his Jerry
Springer derivative shock-jock show and sinkhole new york's fraud street
journal … poll? … Don't make me laugh … Lawrence
O'Donnell insists parent company NBC consider firing Donald Trump DC Milbank: Donald
trumps CPAC | Gibbs
gone (WP) [
Trump’s a loser, dressed up and propped up by and to shill for a
declining, fallen nation in the most corrupt regions (ie., new york, jersey,
etc.) of the country (every fallen nation has such)… Poll:
31% of Republicans, say Trump would make a “poor” or “terrible” president
States
face shortfall for retirees (Washington Post) Public workers’ retirement funds had a gap
of $1.26 trillion at the end of fiscal 2009, a report says.
Study:
Affordable rentals scarce
(Washington Post) Share of
renters who spend more than half their income on housing is at its highest
level in half a century.
Poll:
For Obama, low marks on Afghan war (Washington Post) More Americans disapprove of President
Obama’s management of the war in Afghanistan than support it, according to a
new Washington Post-ABC News poll, a finding that reflects the public’s broader
concern over the course of the nearly decade-old conflict.
Fuel
prices cut into Obama popularity
(Washington Post) As gas prices
bite into household incomes, Obama’s support takes a hit, according to new
poll. The high fuel price dynamic is the
slow / now faster motion, long predicted hyperinflationary consequence of
failed fed, administration, congressional economic / financial / fiscal policy
that essentially has been interposed for the (short-term particularly) benefit
of the frauds on wall street (The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed), and have used the mideast turmoil to obfuscate their
failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Return of Inflation: 5 Worrying Signs From Friday's NY Times
Index
Fund Rip-Off? Bartalos ‘Would you pay $5 for something that costs $1? Not
if you could help it. However, that’s precisely what many investors are doing.
American
Stock Ownership Declines
24 Signs Of Economic Decline In America ‘The United States is in the middle of a devastating long-term economic decline and it is getting really hard to deny it. Over the past year I have included literally thousands of depressing statistics in my articles about the U.S. economy. The Economic Collapse April 23, 2011 The United States is in the middle of a devastating long-term economic decline and it is getting really hard to deny it. Over the past year I have included literally thousands of depressing statistics in my articles about the U.S. economy… the U.S. economy is in deep decline and is dying a little bit more every single day…
Poll:
Egyptians skeptical about U.S.
Egyptians have an unfavorable view of the U.S., but they are also
divided over Islamic fundamentalists. (Washington Post) [ Hey! … Guess what? … americans and the rest
of the world (except zionist israel, zionists, and old biddy britain) are
skeptical and have an unfavorable view of america. The Economic Collapse: 24 more signs of economic decline in America…
#1 On Monday, S&P altered its outlook on U.S.
government debt from “stable” to “negative” ..at the rest of the world is
losing faith in the U.S. dollar and in U.S. Treasuries.
#2 China has
announced reducing their holdings of U.S. dollar
#3 .. “panic
dollar selling is setting in” and U.S. dollar in for a huge decline.
#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.
#5 This cruel economy is causing “ghost towns” to
appear all across the United States..
#6 There are now about 7.25
million less jobs in America than when the recession began back in 2007.
#7 The average American family is having a really tough time right
now. Only 45.4% of Americans had a job during 2010. .
#8 Only 66.8% of American men had a job last
year. That was the lowest level ever ..
#9 According to a new report from the AFL-CIO, the average
CEO made 343 times more money than the
average American
#10 Gas prices reached five dollars per gallon at a gas station in Washington, DC
on April 19th, 2011. .. $6 gas soon
#11 .. 12 months the average price of gasoline in the
United States has gone up by
about 30%.
#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during the first quarter of 2011.
#13 U.S. households are now receiving more income from
the U.S. governmentthan
they are paying to the government in taxes.
#14 1 of 4
dollars that the U.S. government borrows goes to pay the interest on the national debt.
#15 Total home mortgage debt in the United States is
now about
5 times larger than it was just 20 years ago.
#16 Total credit card debt in u.s. more than 8 times larger
than 30 yrs ago.
#17 Average household debt in the United States has
now reached a level of 136% of average household income. In China,
average household debt is only 17% of average household income.
#18 The average American now spends approximately 23 percent
.. on food and gas.
#19 .. 74 percent of Americans said that they
planned to slow down their spending in coming months
#20 59 percent u.s. receive money from the
federal government ..
#21 average length of unemployment in the U.S. is
now an
all-time record 39 weeks.
#22 As the economy
continues to collapse, frustration ..“random acts of violence”…
#23
Some Americans have become so desperate for cash that they are literallypopping
the gold teeth right out of their mouths and selling them to pawn shops.
#24
..u.s. people have been gobbling up larger and larger amounts of
antidepressants and other prescription drugs. ..’ ]
20 Questions for Ben
Bernanke Zero Hedge
| The Fed is expected to continue the QE2 Lite mandate.
Attorney
General Holder defends his tenure
(Washington Post) [ Defending the
indefensible! Yes … there is no defending this ag … He should step down, forced
to resign … Obama
faces fundraising test in California
(Washington Post) [ Test? You mean intelligence test for those
Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool
me twice, shame on me’. Now frauds on wall street got value for their bribes; viz.,
no prosecution of their continuing nation-destroying frauds, yet cleaning up
the frauds with prosecutions was the presumption upon which their support was predicated , at
least in part. Certainly Hollywood spoke with their academy award for ‘Inside Job’
. Roche
'The worst part of it ...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 ... . 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown. ]
Chernobyl,
25 years later (Washington Post)
Following the nuclear disaster in Japan, the Chernobyl accident has a
particular importance. Japan
declares evacuation zone near nuclear plant
(Washington Post) [ Wow! Sounds like a plan! … From the beginning, as
I’ve written on my website, I’ve thought the catastrophic nature and impact of
this disaster to have been underreported at the least … the Japanese
uncharacteristically have adopted somewhat of a ‘if wishing could make it so’
tact in this sad crisis. Cesium
137 Threat Grows While Corporate Media Remains Mute The hereditary
communist dictatorship in North Korea reports on the spread of radiation from
the Fukushima nuclear plant, but it has all but fallen off the corporate media
radar screen here. Monitoring stations across North Korea from April 11 to 17
detected iodine-131 and cesium-137 in the air above Wonsan in the southeast and
Chongjin in the southeast, according to the country’s state-run media. According
to the Los Angeles Times, seawater near the Fukushima nuclear complex was
recently found to contain “iodine-131 at 7.5 million times the legal
limit”. Something
Odd Is Happening at Reactor Number 4 The operator of the troubled Fukushima
Daiichi nuclear power plant is carefully monitoring the situation at the Number
4 spent fuel pool, where the water temperature is rising despite increased
injections of cooling water. Helen
Caldicott Talks About the Horror of Fukushima Australian physician, author,
and anti-nuclear advocate Helen Caldicott talks about the Fukushima nuclear
catastrophe and what we can expect. It ain’t pretty. Busby:
‘Can’t seal Fukushima like Chernobyl – it all goes into sea’ As world marks
the Chernobyl anniversary, many say that the world has failed to learn the
lessons on nuclear safety that the tragedy provided. RT talks to Professor
Christopher Busby, Scientific secretary of the European Committee on radiation
risks, for a little more insight on 21st century’s most serious nuclear crisis
at Fukushima. Assassinate
Qaddafi? Tyrants Beware – What Goes Around Might Come Around Lindsey Graham
and John McCain, both of the meddling International Republican Institute
implicated in funding and fueling the “Arab Spring” to begin with, have called
for the assassination of Libya’s Qaddafi and members of his inner circle. The
London Telegraph also reported that Foreign Secretary William Hague refused to
rule out using US drones to assassinate Qaddafi. TEPCO
finds radioactive concrete emitting 900,000 microsieverts per hour of nuclear
radiation The operator of the damaged Fukushima Daiichi nuclear power plant
says that concrete debris emitting a high level of radiation has been found
near the Number 3 reactor.
With Barbour now out, new questions for GOP (Washington Post) THE TAKE | Decision sets off scramble for parts of his financial and political network and raises questions about challenges party faces in unseating Obama.
Poll:
For Obama, low marks on Afghan war (Washington Post) [ If only ‘wobama the b’ (for b*** s***) had
been a man of his word and stopped these nation-bankrupting, murderous wars. ]
Drudgereport: TRUMP: Obama Not
Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically
donald with the mantra, ‘you’re a killer, you’re a king’ in film noir
melodramatic fashion which proved too much for the more balanced and ‘chosen /
favored’ elder brother trump who committed suicide. The old man also required
trump to go to prep / military / boarding school where according to a
classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as
dumbya bush … mobster trump and people like trump are part of the problem
(total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes,
jersey / new york), not the solution. Indeed, trump is an interesting mental
case in that he evolved from narcissist (those inflated grandiose moods coupled
with feelings of inferiority – he loved to obsessively read those hitler
speeches for inspiration and to pump himself up according to Ivana Trump) to
severe case of antisocial personality disorder [ predatory disregard for and
violation of the rights of others – hence, those sophomoric soundbite solutions
to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese
(actually including american goods made in China) goods, drug money laundering
in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in
decline as pervasively corrupt, defacto bankrupt america, trump and sister
Maryanne would both be in prison.
'Terrible student,'
not good enough for Harvard...
Biden daughter
trashes Trump...
Bill Cosby
slams: 'He's full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC where t_rump has his Jerry
Springer derivative shock-jock show and sinkhole new york's fraud street
journal … poll? … Don't make me laugh … Lawrence
O'Donnell insists parent company NBC consider firing Donald Trump Daily Caller ... 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 (ie.,
new york, jersey, etc.) of the country (every fallen nation has such)… Poll:
31% of Republicans, say Trump would make a “poor” or “terrible” president
Islamic Group with British Intelligence Links Threatens
Royal Wedding Kurt Nimmo
| Muslims Against Crusades has reportedly told Princes William and Harry to
“watch your backs.”
Media Distorts Truth To Propagandize For NATO-Backed War
On Syria Paul Joseph Watson
| Another contrived “humanitarian” war is in the making.
Modern British Royalty: Eugenicists, Nazis and Neo-Feudalists
Steve Watson & Alex
Jones | The upcoming royal Wedding of William
Mountbatten-Windsor, heir in waiting to the British throne has the UK media in
a frenzy.
Waking Up to Economic Realities Ron Paul | Even the most conservative
budget that has been proposed by Republican leadership requires raising the
debt ceiling.
Busby: Fukushima Explosion Was Nuclear Kurt Nimmo | Scientist says situation
at Fukushima far worse than Chernobyl.
MI5
Intelligence Front Threatens Royal Wedding To Justify Banning Protest Once
again, the corporate media rolls out a scary story about Islamists threatening
the state, this time represented by the British royal family.
Media
Distorts Truth To Propagandize For NATO-Backed War On Syria Despite the
fact that western media is completely cut off from entering Syria and therefore
unable to verify reports of hundreds of murders carried out by security forces
loyal to Syrian president Bashar al-Assad, grainy and often misconstrued
YouTube videos have been cited as proof positive that Assad is overseeing a
brutal crackdown on pro-democracy protesters, but a whistleblower living in
Syria has contacted us to express his disbelief at such claims, dismissing them
as little more than fabricated fairy-tales designed to law the groundwork for
yet another NATO-backed military intervention based on contrived “humanitarian”
grounds.
Modern
British Royalty: Eugenicists, Nazis and Neo-Feudalists The upcoming royal
Wedding of William Mountbatten-Windsor, heir in waiting to the British throne
has the UK media in a frenzy of vomit inducing worship and stomach churning
sycophantic fawning. Even the US media is pouring over the royals to such an
extent that commentators have pointed out that had the modern day corporate
media covered the Revolutionary War, it would have firmly supported the
British.
The
Queen Controls The Militaries of Britain, Canada And Australia, She Is The Only
Person Who Can Declare War The Queen is the head and source of all branches
of public power. She is the head of the British armed forces. She can exercise
personal discretion over issues such as appointing the prime minister and
dissolving the parliament, and the only person in Britain being able to declare
war and peace.
CNN
investigation: Obama born in U.S. Was Barack Obama really born in America?
Alex Jones – The
Man, The History “Alex Jones is a model for people to create their own
media,” Michael Harrison, editor of the industry trade magazine Talkers, told
Rolling Stone writer Alexander Zaitchik. “When the history is written of talk
broadcasting’s transition from the corporate model of the 20th century to the
digital, independent model of the 21st century, he will be considered an early
trailblazer.”
Investigator:
Fukushima Blast Was Nuclear Explosion British scientist Christopher Busby,
a researcher on the negative health effects of ionizing radiation, told Russia
Today that one of the explosions at the crippled Fukushima nuclear plant in
Japan was a nuclear explosion, not a hydrogen explosion as widely reported in
the media.
Ron
Paul 2012: Last Chance To Rescue America? With Ron Paul now all but certain
to officially announce his bid for the 2012 presidency, it is imperative that
Americans understand that the Texas Congressman represents the United States’
last hope of preserving its position as a pre-eminent economic superpower and
avoiding a Soviet-style collapse into an abyss of debt, depression and decay.
Drudgereport: Gas
prices rise for 35th straight day...
Climb
6 cents overnight in Michigan...
President's
answer: More taxes...
Gasoline Futures Highest Since 2008...
TELEPROMPTER
INVENTOR DIES... (Wobama ‘goes in mourning … day of silence declared’)
Buchanan
to Matthews: 'You're supposed to be a journalist'...
RON
PAUL: HE'S IN!
Killer
Combo of High Gas, Food Prices at 'Key Tipping Point'...
AAA
Sees 18% Increase In Roadside Calls For Drivers Out Of Gas...
$5.69
GALLON IN ORLANDO -- FOR REGULAR...
IMF:
AGE OF AMERICA NEARS END...
Dollar's
Decline Speeds Up...
China
planning to cut U.S. reserves by two-thirds?
Gold
and silver continue to surge...
Reid's
China junket sked kept secret over 'security concerns'...
WASHPOST: If the trip's so dangerous, why are senators
spouses tagging along?
TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically,
Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir
melodramatic fashion which proved too much for the more balanced and ‘chosen /
favored’ elder brother trump who committed suicide. The old man also required
trump to go to prep / military / boarding school where according to a
classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as
dumbya bush … mobster trump and people like trump are part of the problem
(total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes,
jersey / new york), not the solution. Indeed, trump is an interesting mental
case in that he evolved from narcissist (those inflated grandiose moods coupled
with feelings of inferiority – he loved to obsessively read those hitler
speeches for inspiration and to pump himself up according to Ivana Trump) to
severe case of antisocial personality disorder [ predatory disregard for and
violation of the rights of others – hence, those sophomoric soundbite solutions
to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese
(actually including american goods made in China), drug money laundering in his
casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
In a rational nation that wasn’t in decline as pervasively corrupt,
defacto bankrupt america, trump and sister Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden
daughter trashes Trump...
Bill Cosby slams: 'He's
full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC
where t_rump has his Jerry Springer
derivative shock-jock show and sinkhole new york's fraud street journal … poll?
… Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider
firing Donald Trump Daily
Caller ... 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 (ie., new york, jersey, etc.) 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 ]
He also with his corrupt mob ilk 'chased' Steve Wynn out of jersey – Steve
Wynn's doing extremely well in Macau and Vegas.) "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.” ]
Poll:
Egyptians skeptical about U.S.
Egyptians have an unfavorable view of the U.S., but they are also
divided over Islamic fundamentalists. (Washington Post) [ Hey! … Guess what? … americans and the rest
of the world (except zionist israel, zionists, and old biddy britain) are
skeptical and have an unfavorable view of america. The Economic Collapse: 24 more signs of economic decline in America…
#1 On Monday, S&P altered its outlook on U.S.
government debt from “stable” to “negative” ..at the rest of the world is
losing faith in the U.S. dollar and in U.S. Treasuries.
#2 China has
announced reducing their holdings of U.S. dollar
#3 .. “panic
dollar selling is setting in” and U.S. dollar in for a huge decline.
#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.
#5 This cruel economy is causing “ghost towns” to
appear all across the United States..
#6 There are now about 7.25
million less jobs in America than when the recession began back in 2007.
#7 The average American family is having a really tough time right
now. Only 45.4% of Americans had a job during 2010. .
#8 Only 66.8% of American men had a job last
year. That was the lowest level ever ..
#9 According to a new report from the AFL-CIO, the
average CEO made 343 times more money than the
average American
#10 Gas prices reached five dollars per gallon at a gas station in Washington, DC
on April 19th, 2011. .. $6 gas soon
#11 .. 12 months the average price of gasoline in the
United States has gone up by
about 30%.
#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during the first quarter of
2011.
#13 U.S. households are now receiving more income from
the U.S. governmentthan
they are paying to the government in taxes.
#14 1 of 4
dollars that the U.S. government borrows goes to pay the interest on the national debt.
#15 Total home mortgage debt in the United States is
now about
5 times larger than it was just 20 years ago.
#16 Total credit card debt in u.s. more than 8 times larger
than 30 yrs ago.
#17 Average household debt in the United States has
now reached a level of 136% of average household income. In China,
average household debt is only 17% of average household income.
#18 The average American now spends approximately 23 percent
.. on food and gas.
#19 .. 74 percent of Americans said that they
planned to slow down their spending in coming months
#20 59 percent u.s. receive money from the
federal government ..
#21 average length of unemployment in the U.S. is
now an
all-time record 39 weeks.
#22 As the economy
continues to collapse, frustration ..“random acts of violence”…
#23
Some Americans have become so desperate for cash that they are literallypopping
the gold teeth right out of their mouths and selling them to pawn shops.
#24
..u.s. people have been gobbling up larger and larger amounts of
antidepressants and other prescription drugs. ..’ ]
Attorney
General Holder defends his tenure
(Washington Post) [ Defending the
indefensible! Yes … there is no defending this ag … He should step down, forced
to resign … Obama
faces fundraising test in California
(Washington Post) [ Test? You mean intelligence test for those
Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool
me twice, shame on me’. Now frauds on wall street got value for their bribes;
viz., no prosecution of their continuing nation-destroying frauds, yet cleaning
up the frauds with prosecutions was the presumption upon which their support was predicated , at
least in part. Certainly Hollywood spoke with their academy award for ‘Inside
Job’ . Roche
'The worst part of it ...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 ... . 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 WP | Obama has promised to hold Wall
Street accountable for the meltdown. ]
Chernobyl,
25 years later (Washington Post)
Following the nuclear disaster in Japan, the Chernobyl accident has a
particular importance. Japan
declares evacuation zone near nuclear plant
(Washington Post) [ Wow! Sounds like a plan! … From the beginning, as
I’ve written on my website, I’ve thought the catastrophic nature and impact of
this disaster to have been underreported at the least … the Japanese
uncharacteristically have adopted somewhat of a ‘if wishing could make it so’
tact in this sad crisis. Cesium
137 Threat Grows While Corporate Media Remains Mute The hereditary
communist dictatorship in North Korea reports on the spread of radiation from
the Fukushima nuclear plant, but it has all but fallen off the corporate media
radar screen here. Monitoring stations across North Korea from April 11 to 17
detected iodine-131 and cesium-137 in the air above Wonsan in the southeast and
Chongjin in the southeast, according to the country’s state-run media. According
to the Los Angeles Times, seawater near the Fukushima nuclear complex was
recently found to contain “iodine-131 at 7.5 million times the legal
limit”. Something
Odd Is Happening at Reactor Number 4 The operator of the troubled Fukushima
Daiichi nuclear power plant is carefully monitoring the situation at the Number
4 spent fuel pool, where the water temperature is rising despite increased
injections of cooling water. Helen
Caldicott Talks About the Horror of Fukushima Australian physician, author,
and anti-nuclear advocate Helen Caldicott talks about the Fukushima nuclear
catastrophe and what we can expect. It ain’t pretty. Busby:
‘Can’t seal Fukushima like Chernobyl – it all goes into sea’ As world marks
the Chernobyl anniversary, many say that the world has failed to learn the
lessons on nuclear safety that the tragedy provided. RT talks to Professor
Christopher Busby, Scientific secretary of the European Committee on radiation
risks, for a little more insight on 21st century’s most serious nuclear crisis
at Fukushima. Assassinate
Qaddafi? Tyrants Beware – What Goes Around Might Come Around Lindsey Graham
and John McCain, both of the meddling International Republican Institute
implicated in funding and fueling the “Arab Spring” to begin with, have called
for the assassination of Libya’s Qaddafi and members of his inner circle. The
London Telegraph also reported that Foreign Secretary William Hague refused to
rule out using US drones to assassinate Qaddafi. TEPCO
finds radioactive concrete emitting 900,000 microsieverts per hour of nuclear
radiation The operator of the damaged Fukushima Daiichi nuclear power plant
says that concrete debris emitting a high level of radiation has been found
near the Number 3 reactor.
States
face shortfall for retirees (Washington Post) Public workers’ retirement funds had a gap
of $1.26 trillion at the end of fiscal 2009, a report says.
Study:
Affordable rentals scarce
(Washington Post) Share of
renters who spend more than half their income on housing is at its highest
level in half a century.
Poll:
For Obama, low marks on Afghan war (Washington Post) More Americans disapprove of President
Obama’s management of the war in Afghanistan than support it, according to a
new Washington Post-ABC News poll, a finding that reflects the public’s broader
concern over the course of the nearly decade-old conflict.
Fuel
prices cut into Obama popularity
(Washington Post) As gas prices
bite into household incomes, Obama’s support takes a hit, according to new
poll. The high fuel price dynamic is the
slow / now faster motion, long predicted hyperinflationary consequence of
failed fed, administration, congressional economic / financial / fiscal policy
that essentially has been interposed for the (short-term particularly) benefit
of the frauds on wall street (The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed), and have used the mideast turmoil to obfuscate their
failure. 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-- … an especially great opportunity to sell / take profits while you
still can since there's much worse to come!
America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling
In May Is Very Good Advice This Year Harding / April
Is a Good Time to Sell Adler Equity
Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ...
According
to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued
…only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER:
We're Still In A Massive Bear Market And Stocks Will Crash To New Lows
Davis ) Return of Inflation: 5 Worrying Signs From Friday's NY Times
Return of Inflation: 5 Worrying Signs From Friday's NY Times
Index
Fund Rip-Off? Bartalos ‘Would you pay $5 for something that costs $1? Not
if you could help it. However, that’s precisely what many investors are doing.
American
Stock Ownership Declines
24 Signs Of
Economic Decline In America ‘The United States is in the middle of a
devastating long-term economic decline and it is getting really hard to deny
it. Over the past year I have included literally thousands of depressing
statistics in my articles about the U.S. economy. The
Economic Collapse April 23, 2011
The United
States is in the middle of a devastating long-term economic decline and it is
getting really hard to deny it. Over the past year I have included
literally thousands of depressing statistics in my articles about the U.S.
economy… the U.S. economy is in deep decline and is dying a little bit more
every single day…
With Barbour now out, new questions for GOP (Washington Post) THE TAKE | Decision sets off scramble for parts of his financial and political network and raises questions about challenges party faces in unseating Obama.
Poll:
For Obama, low marks on Afghan war (Washington Post) [ If only ‘wobama the b’ (for b*** s***) had
been a man of his word and stopped these nation-bankrupting, murderous wars. ]
Drudgereport: TRUMP: Obama
Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle
black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster
trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa
mobster trump would pound the undistinguished academically / athletically,
Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir melodramatic
fashion which proved too much for the more balanced and ‘chosen / favored’
elder brother trump who committed suicide. The old man also required trump to
go to prep / military / boarding school where according to a classmate, Ted
Levine, trump used to wet / pee in his bed.
) vegetable garden in the same manner as dumbya bush … mobster trump and
people like trump are part of the problem (total b*** s***, fraud, etc., as in
his home turf, mob-infested sinkholes, jersey / new york), not the solution. Indeed,
trump is an interesting mental case in that he evolved from narcissist (those
inflated grandiose moods coupled with feelings of inferiority – he loved to
obsessively read those hitler speeches for inspiration and to pump himself up
according to Ivana Trump) to severe case of antisocial personality disorder [
predatory disregard for and violation of the rights of others – hence, those
sophomoric soundbite solutions to complex problems as, ie., taking oil
fields(Libya), 25% tariff on Chinese (actually including american goods made in
China), drug money laundering in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]
In
a rational nation that wasn’t in decline as pervasively corrupt, defacto bankrupt
america, trump and sister Maryanne would both be in prison.
'Terrible
student,' not good enough for Harvard... Biden
daughter trashes Trump...
Bill Cosby slams: 'He's
full of it!'...
Trump
Takes On NYT, Gail Collins...
Admires
her for surviving 'so long with so little talent'...
NBCWSJ
POLL SHOCK: TRUMP #2 GOP [ NBC
where t_rump has his Jerry Springer
derivative shock-jock show and sinkhole new york's fraud street journal … poll?
… Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider
firing Donald Trump Daily
Caller ... 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 (ie., new york, jersey, etc.) of the country (every fallen nation has
such)…
Financial Folklore: Tales from Wall Street to Main Street DeLegge April 22, 2011 SAN DIEGO (ETFguide.com) – ‘Throughout the ages, financial folklore has been handed down from one generation to the next as so-called wisdom. And our generation has been brainwashed with its fair share of folklore.
Let's consider
some examples.
'Buying a
home is the best investment anyone can make.'
The pummeled
housing market should have put this particular fairy tale to rest, but there
are a few holdouts that haven't gotten the message.
People, for
example, that bought their home decades ago are often cited as proof that
buying a home is still the 'best investment anywhere.' But before we count
their profits, don't forget to deduct their insurance premiums, the cost of
home maintenance, improvements and property taxes. Including these real life expenses
into the equations portrays a far more realistic picture about the true
investment value of home ownership. It's not as good of a deal as you've been
sold.
But the real
test of truthfulness behind this is to ask anyone that's purchased a home or
condominium within the past 10 years. Ask them how profitable their foray into
housing market has been and they'll tell you.
'Max out
your 401(k) plan.'
Overstuffing
your 401(k) plan with lots of money - is a good savings habits - but won't
necessarily help you you're your investments more profitable. Why? It's because
most 401(k) plans offer a diverse menu of rigged investment choices with
unnecessarily high fees. It's the mutual fund industry's best kept
secret.
What about the
wonderful benefits of tax free growth and employer matches? Unfortunately,
these 401(k) features are undermined by consistent underperformance by mutual
fund managers, poor asset allocation decisions by plan members and compounding
fees.
Unless low
cost index funds and ETFs are investment choices inside your 401(k) plan,
overstuffing your 401(k) retirement plan with bloated contributions is probably
not a good idea.
'Only
invest in funds with managers that have a good track record.'
There are
countless examples of how this piece of advice has been proven false more times
than true. But since we don't have countless time or space, let's consider just
one recent example - Philip Jabre.
Jabre is one
of Europe's best known hedge fund managers and after posting a tranquil 3% gain
during 2008's financial crisis, he followed it up with a handsome 46% gain in
2009. Surely investing money with Jabre - a seasoned professional with an
impressive track record - was the smart thing to do, right?
In March,
Jabre bought Japanese stocks (NYSEArca: EWJ - News) on news of the earthquake
but got clobbered when the Nikkei Stock Average tumbled. Instead of staying
calm, Jabre panicked and sold his shares before Japanese stocks bounced back,
which netted his firm $300 million in losses. Hardly anyone could've foreseen
this sort of meltdown from a guy with an amazing track record!
For anyone
confiding in the false comfort of past performance, beware!
'Buy whatever
Warren Buffett is buying.'
In the 1960s
and 70s, youthful groupies would follow their favorite musical bands from city
to city. Today, these same folks have graduated to following the financial
moves made by investing legends like Warren Buffett. Are there guaranteed
profits for those who ape the 'big money?'
Reuters looked
at five recent acquisitions made by Warren Buffett's Berkshire Hathaway (NYSE: BRK-A - News) to test out this theory.
Someone who
bought 100,000 shares in stock in each of Berkshire's acquisition targets 70
days before Buffett announced a deal, would have made money in just three out
of five tries. Not bad, but hardly a sure thing.
In this
simplified case study conducted by Reuters, the reward for aping Warren
Buffett's past five deals - or should we say, beating him to each deal by 70
days - was a complete wash. The profitable trades amounted to a gain of $3.256
million whereas the losses were $3.268 million.
So much for
the false theory that copying financial titans delivers market beating
results.’
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!
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. ]
![[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}
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
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.