1-9-12 POSTS 

 

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Running in the Red A continuing series that examines the origins and consequences of the nations escalating debt. [ Red indeed … as in the ‘color of blood’ … as in the jeopardy answer in the form of a question, ‘what the streets will run red in?’ ]  Medicares immediate, inescapable problem (Washington Post) [ The importance of the foregoing  topic(s) cannot be overstated. The situation is dire and the outlook worse than ominous. (34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger  http://theeconomiccollapseblog.com   We have all been lied to.  For decades, the leaders of both major political parties have promised us that they can fix our current system and that they can get our national debt under control.  As the 2012 election approaches, they are making all kinds of wild promises once again.  Well you know what?  It is all a giant sham.  The United States has gotten into so much debt that there will be no coming back from this.  The current system is irretrievably broken Professor Laurence J. Kotlikoff, the U.S. is facing a "fiscal gap" of over 200 trillion dollars in the future.  The following is a brief excerpt from a recent article that he did for CNN...The government's total indebtedness -- its fiscal gap -- now stands at $211 trillion.. The fiscal gap is the difference, measured in present value, between all projected future spending obligations -- including our huge defense expenditures and massive entitlement programs, as well as making interest and principal payments on the official debt -- and all projected future taxes#33 If you add up all forms of debt in the United States (government, business and consumer), it comes to more than 56 trillion dollars.  That is more than $683,000 per family).The frauds on wall street et als should be criminally prosecuted, jailed, fined, and disgorgement imposed!  Train Reading: The Stock Market Is (Criminally) Insane The Wall Street Journal  , Fraud, b***s***, desperation, suckers rallies usher in the new year in a most preposterous fashion with lingering intoxication an explanation as the printing presses and issuance of worthless insurmountable debt paper are in full throttle globally (a testament to global blindness as the blind follow the blind) making this impending disaster at this time an especially great opportunity to sell / take profits because theres much, much worse to come! jersey-lautenberg based adp with 100% better than expectations private sector jobs number? Nobody thinks so (infra)! Scandal scarred commerce department data? Labor dept. ue claims / ue numbers? Only a fool believes what they say! ( After One Month Respite, Pink Slips Are Flying Again, Lies, Damned Lies, and (Unemployment) Statistics Mac Slavo | The actual unemployment rate in the United States is in excess of 22%.  NFP Payrolls At 200K, Expected At 155K; Unemployment Rate Drops To 8.5%, Labor Force Participation At Lowest Since 1984The nonfarm payroll number prints at 200K on expectations of 155K. The Unemployment rate comes at 8.5% - lowest since February 2009, and down from an upward revised 8.7%. U-6 15.2% down from 15.6% in November. Average hourly earnings rose at 0.2%, in line with expectations, previous revised to -0.1% from unchanged. Private payrolls +212L vs Expectations of 178K. Manufacturing payrolls rose 23K vs Expectations of 155K. Yet the unemployment rate trickery still continues, with labor force participation (prior revised), now at a 27 year low of 64%, and the labor force itself declined by 50K from 153,937 to 153,887. In fact, persons not in the labor force have increased by 7.5 million since January 2007! Bottom line - dropping out of labor statistics is the new killing it.  http://www.albertpeia.com/laborparticipationrate.jpg ,  ) The same for the conference board which came in with 100% better than expected consumer confidence, which is preposterous even taking into consideration the ultimate bootstrap bubble stock price weighting in same. The lack of politicians at S&P/Case/Shiller showed a different picture: house prices in 20 major metropolitan areas declined 1.2 percent on an unadjusted basis in October after falling 0.7 percent the prior month. ( US Economic Data Reporting Now Officially A Farce: Every Economic Data Point Prints 4+ Std Devs Above Consensus Zero Hedge ) Watch for more fake reports / data / and spin in their infinite political desperation both here and across the sea, and suckers rallies to suck suckers in and keep suckers sucked in! [ The Currency Wars http://www.albertpeia.com/rickardsgrantboltoninterviewvideo.htm  ,  David Rosenberg On The Depression, The ECB, MF Global As A Canary In The Coalmine... All With A Surprise Ending,  This is No Cyclical Recession It is a Secular DE-pression MF GLOBAL EXPLAINED http://www.youtube.com/watch?v=jLt05sN7vK0&feature=player_embedded  [causal links between OTC derivatives, the financial crisis of 2008, Alan Greenspan, Robert Rubin, Larry Summers, Jon Corzine and MF Global, Quantitative Easing Explained  http://www.youtube.com/watch?v=PTUY16CkS-k  ,   Famed economist predicts economic calamity in 2012. See the evidence.   http://w3.newsmax.com/a/aftershockb/video.cfm   50% unemployment & 90% Dow crash also predicted. Newsmax   ,  Economic / Financial Collapse Imminent Stansberry  Investment Advisory http://www.albertpeia.com/stansberrysinvestmentadvisory.flv    Harry Dent, Jr. Economy will be in a Depression by 2011 Dow will Fall to 3,800 4,500 by 2012 Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest. U.S. Dollar will Decline Housing will Decline by 40 60% from Todays Levels Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012). , Goldman Turns Bearish: Squid Releases Top Trades For 2012... And It's Not Pretty the squid is bearish. Which is bad news , Market Rally Won't Last Long  Forbes ,  The Worldwide Depression/Recession Of 2012   Jeff Harding,  Graham Summers Weekly Market Forecast (Nothings Changed Edition) http://gainspainscapital.com January 9th, 2012 We are now into the second week of 2012 and frankly I cant see any fundamental reason to be bullish about things. The European debt Crisis continues to accelerate, with Frances borrowing costs rising dramatically and the yield on Italys ten-year back above 7% despite massive intervention on the part of the ECB. , Copyright Lawyers Oppose SOPA And Say It Wont Even Work : George Washington Post date: 01/09/2012 Why Do We Write Again and Again Abou SOPA?  Because It Would Kill the Internet and Free Speech ... , Alcoa Meets EPS Forecast On Rise In Revenue, Free Cash Flow Turns NegativeAlcoa was expected to generate $(0.03) in EPS in Q4 and so it did. However, it took it 5.99 billion in top line revenue just to not miss traditionally lowered Wall Street estimates. This compares to the $5.7 billion it was expected to make: so there goes your margin. And when one looks at EPS on a purely operational basis, the Company had a loss from operations of $193 million or $(0.18) EPS which included a $74 million benefit from taxes...PIMCO's El-Erian: QE3 Won't Produce The Outcomes We WantGuest Post: Why Bernanke Has Failed, And Will Continue To FailBen Bernanke's zero-interest rate policy (ZIRP) and command-economy efforts to maintain mispricing of risk, debt and assets are destroying capital and capitalism. No wonder his policies have failed so miserably. Bernanke's policy is to punish capital accumulation and reward leveraged debt expansion. Rather than enforce the market's discipline and transparent pricing of risk, debt and assets, Bernanke has explicitly set out to re-inflate a destructive, massively unproductive credit bubble, 40 Wall Street: John Corzine's Latest Office Space?While nearly three months after the MF Global bankruptcy nobody still has any idea where the billion + in commingled client money has gone, nor why Corzine is still out and about walking freely, the former CEO of both Goldman, MF Global and New Jersey is rumored to be looking for office space at 40 Wall, Italian Bonds Surge To Early November Wides10Y Italian bonds (BTPs) ended the day at their second-widest closing spread to Bunds ever (at 533bps), Germany Issues Bills With Negative Yields As Economists Agree Country Is In Recession Consumer Credit Jumps By Most In 10 Years On Surge In Car LoansWhat happens when consumer savings plunge to year lows, when a major shopping holiday is just around the corner, and when every TV station tells you to spend, spend, spend for Thanksgiving just to show your friends and family you care for them? Why people go out and buy on credit of course. Lots of credit. As the just released G.19, aka Consumer Credit, data from the Fed indicates, in November US households borrowed a 10 year high amount of $20.4 billion. Of course, reading between the lines confirms that all is as usual not as it seems, and not to conclude that the money multiplier model is back in action. Because of the $20 billion, only $5.6 billion was revolving credit, with the bulk in cheap Subprime loans funded by the government for purchases of GM vehicles and student loans, How To Prepare For The Difficult Years Ahead  http://theeconomiccollapseblog.com  How should people prepare for the difficult years that are coming? Trends forecaster Gerald Celente recently told ABC Australia that he is more concerned about the global financial system today than he has ever been beforeI would say, since Ive been doing this work, over 30 years ago, Ive never been more concerned than I am right now. Celente also told ABC Australia that many areas of Europe are already essentially experiencing an economic depression.If you live in Greece, youre in a depression; if you live in Spain, youre in a depression; if you live in Portugal or Ireland, youre in a depression, Celente said. If you live in Lithuania, youre running to the bank to get your money out of the bank as the bank runs go on. Its a depression. Hungary, theres a depression, and much of Eastern Europe, Romania, Bulgaria. And there are a lot of depressions going on [already]. .. Instead of 8.5%, the official unemployment number put out by the federal government should be about 11 percent, and the real unemployment number is somewhere around 22 or 23 percent.., For Euro Zone, the Heat Is on Again Reuters | The euro zone crisis seemed to vanish from the headlines for a brief moment as 2011 ticked over into 2012, but it is about to return with a vengeance. ,    US Economic Forecast for 2012 and the Election Year Cycle  1-4-12 James Hall | Government policies and fiscal manipulation, by design, results in dire prospects for 2012. Mr. Achuthan continues in a second video interview on the Daily Ticker Says New Recession Unavoidable...Mac Slavo writes about Celente Warns Of 2012: Economy Will Crash, Banks Will Close, Chaos Will Ensue, Military Will Take Over. "If youve followed trend forecaster Gerald Celente for any period of time youve probably realized he knows what hes talking about. For the better part of two decades Celente and his Trends Journal have been forecasting political, financial, economic and social trends with an uncanny ability for accuracy." Celente provides his list of projection. Read them in the Top 12 Trends 2012. 1. Economic Martial Law: 2. Battlefield America: 3. Invasion of the Occtupy: 4. Climax Time: 5. Technocrat Takeover: 6. Repatriate! Repatriate!: 7. Secession Obsession: 8. Safe Havens: 9. Big Brother Internet: 10. Direct vs. Faux Democracy: 11. Alternative Energy 2012: 12. Going Out in Style: Another perceptive publication projects The Economic Collapse in A Very Scary Christmas And An Incredibly Frightening New Year, sums it up this way. "The head of the International Monetary Fund, Christian Lagarde, recently stated that we could soon see conditions "reminiscent of the 1930s depression" and that no country on earth "will be immune to the crisis". "There is no economy in the world, whether low-income countries, emerging markets, middle-income countries or super-advanced economies that will be immune to the crisis that we see not only unfolding but escalating" ,  Doug Casey Addresses Getting Out of DodgeThe fact is that the US has been on a slippery slope for decades, and it's about to go over a cliff , 34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger  http://theeconomiccollapseblog.com   We have all been lied to.  For decades, the leaders of both major political parties have promised us that they can fix our current system and that they can get our national debt under control.  As the 2012 election approaches, they are making all kinds of wild promises once again.  Well you know what?  It is all a giant sham.  The United States has gotten into so much debt that there will be no coming back from this.  The current system is irretrievably broken Professor Laurence J. Kotlikoff, the U.S. is facing a "fiscal gap" of over 200 trillion dollars in the future.  The following is a brief excerpt from a recent article that he did for CNN...The government's total indebtedness -- its fiscal gap -- now stands at $211 trillion, by my arithmetic. The fiscal gap is the difference, measured in present value, between all projected future spending obligations -- including our huge defense expenditures and massive entitlement programs, as well as making interest and principal payments on the official debt -- and all projected future taxes#33 If you add up all forms of debt in the United States (government, business and consumer), it comes to more than 56 trillion dollars.  That is more than $683,000 per familyLLOYD'S WALL OF WORRY Kahner 1-4-12 QE: Inflation headline numbers still low so chances of US QE still high. US ECONOMY: Aint no stoppin us now, we got the groove. A barely GDP positive, high unemployment, weak housing market, rising inflation groove. UNEMPLOYMENT: Just like the rent, Jimmy McMillan would say: Its too damn high! INVESTOR SENTIMENT: Has left the building. HOUSING CRISIS: 2012 is its five-year wood anniversary. To be celebrated with a piece of driftwood in an effort to help underwater mortgage holders stay afloat. CENTRAL BANKS: The Wall of Money has started. Hard to see as it is a glass wall, but a wall all the samewill it hold? CRISIS OF CONFIDENCE: Confidence is emerging! Confidence that this year will not be more confusing than last year. Sigh. EUROPEAN ECONOMY: Going subterranean. THE EUROPEAN UNION: Oh lets, lets stay together, lovin you whether, whether, times are good or bad, happy or sad. SOVEREIGN DEBT: Can I interest you in a light, bubbly, effervescent vintage 2012 $8 trillion debt auction? BOND VIGILANTES: Barring a Mayweather/Pacquiao galactic superfight, this is the one bout to watch this year. GREECE: Next few months are critical as it needs another bailout. To be followed by a few more critical months anticipating the next bailout. IMF: Dear IMF, I hereby grant you the 2012 Nobel Prize for Economics. Now, I expect you to earn it because nobody else will. ECONOMIC LEADERSHIP: Were not gonna find it. Can we just stop looking now, Mom!? POLICY CLIFFS: US government in its entirety taking Murphys Law to a level not seen since Chicxulub crater 65 million years ago. BANKS: You borrowed it, now lend it or give it back. Investors, dont hold your breath on those last two. VOLATILITY: Just gonna put on my astronaut diaper and ride this bronco till it busts. HIGH FREQUENCY TRADING: Lloyd: Good New Years? HAL: Quiet. Stayed home. Debugged. Watched WarGames. Lloyd: Good movie. Pop classic. HAL: True. But I prefer happier endings. CHINA: How will the Red Giant deal with the fact that its equity market was down over 20% in 2011? Please feel free to comment on this Holy Grail question. STOCK MARKET TECHNICALS: When all else fails the fallback move is to follow the technicalseven when they are failing as well. EARNINGS SEASON: I await it with bated breath and helmeted head. CORRELATION: Same as it ever was, same as it ever was, same as it ever was. CREDIT WATCH: Alright ratings agencies, we are bent over and waiting. Assume the positionthank you, sir, may I have another! IRAN: Gonna be a war of words type-of-year from Iran -- and hopefully nothing more. NORTH KOREA: Rumor is they are secretly engaged to South Korea. A wedding would be nice, but not a shotgun wedding.

Dire predicament, forecast, time to get out of Dodge  http://albertpeia.com/forecastusdebtgetoutofdodge.htm  ,  Morgan Stanley On Why The Gig Is Up  "What we have on our hands is a good old fashioned quagmire" is how Morgan Stanley's Mike Wilson sets up his surprisingly non-sheep-like perspective on the troubles that US equity investors may be about to face. Expanding on MS's bearish strategic (fundamental) forecast, that we discussed earlier in the week, Wilson combines the 'liquidity vs negative-real-rate' thesis (that the Fed's liquidity is perhaps no longer 'good' for stocks) with his own views on ECRI's weakness (very 2008-like in relation to ECO surprises), household debt deleveraging (more and longer), how much QE3 is already priced in and what will its effect be when it comes (less and less positive in nominal and real terms), investor sentiment (very bullish), long-term technicals (weak breadth), and short-term earnings expectations (deteriorating and weighted to 'weak' financials to end with the pragmatic realist perspective that perhaps 'the gig is up'., Fitch Downgrades Hungary To BB+, Negative OutlookGuest Post: Italy Gone Fascist?Record Consecutive Treasury Dump From Fed's Custody AccountEuro Shorts Surge To New Record High - Is An EC Margin Hike Approaching?Japanese Zombie Banks Perfected By EuropeansBarclays Estimates ECB Losses On Bond Purchases At 30 Billion, Or Nearly Half Of Eurosystem CapitalSarkozy Threatens With War If Euro FailsArt Cashin Explains What Is Really Happening In Iran Guest Post: Be Careful What You Wish For, Such As ECB Printing Money Last month, global equity markets fairly demanded that the ECB hurry up and print, through buying euro zone debt. Effete euro elites publicly demurred at first, insisting that unlike crass Anglo-Saxons, they didnt let financial markets push them around. Shortly thereafter, to markets thrill, LTRO was launched, i.e. backdoor money printing, since any sentient investor realizes that the debt being bought by the ECB is effectively like a loan to a family member , Deus Ex Alpha Centauri: Buy Euros Now As SETI May Have Discovered Aliens , http://theeconomiccollapseblog.com : Look Out Below The Nightmarish Decline Of The Euro Has Begun , 34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger , When Times Get Tough, The Tough Get A Backbone , 2012 Will Be More Difficult Than 2011 , 30 Statistics That Show That The Middle Class Is Dying Right In Front Of Our Eyes As We Enter 2012 , The Number One Catastrophic Event That Americans Worry About: Economic Collapse , 40 Hard Questions That The American People Should Be Asking Right Now , The Obama Nation: Even More Debt And Even More Store Closings , The Worst Time Of The Year? , A Very Scary Christmas And An Incredibly Frightening New Year ,  Look Out Below The Nightmarish Decline Of The Euro Has Begun  http://theeconomiccollapseblog.com  , Here We Go Again: US $25 Million Away From Debt Ceiling BreachEURUSD Dips Below 1.28 As All Hell Breaks Loose In Italian Financials Zero Hedge , Top Three Central Banks Account For Up To 25% Of Developed World GDPMass Home Refinancing Rumor Rejected, And Why Even If It Was True It Would Not Help BAC Mike Krieger On Why He Supports Ron PaulCMA Now Officially Assumes 20% Recovery In Greek Default - Time To Change Sovereign Debt Risk Management Defaults?Why You Should Run When Wall Street Says Buy Simon Maierhofer | ETFguide   , [video] Companies Dial Down 2012 Forecasts 01/05/12 TheStreet Companies are dropping their forecasts for 2012 and money managers are nervous to commit funds says Ken Polcari of ICAP Equities. , US ISM non-manufacturing index rose to 52.6 in Dec, below market expectations of 53.0, vs 52.0 in Nov. Jan 5th, 2012 , Concerns over European debt crisis resurface amid bank shares drop, lukewarm French bond sale Jan 5th, 2012 (Washington Post) , French Borrowing Costs Rise at Auction as AAA Rating Faces Threat of Cut Jan 5th, 2012   , The Can Kicking Is Ending - Key Upcoming Dates For Europe's Patient ZeroRetail Investors Pull $140 Billion From Equity Funds In 2011 Which Close The Year With 19 Consecutive OutflowsEquity Valuations And The Jobless RecoveryEuro Zone Isn't Only Potential 2012 Boogey Man The Wall Street Journal Guest Post: President Obama, DemopublicanThere is literally no difference between Obama and a moderate Republican when it comes to the truly important policies governing the nation's insolvent finances, its predatory financial sector, its corrupt and fraudulent sickcare system or its sprawling Empire. Obama's policies have all aided and abetted existing Status Quo cartels and fiefdoms ,      Stock Bulls Should Exercise Continued Caution Minyanville By DoctoRx Jan 03, 2012 I have frequently referred to a chart produced by a British analyst, Andrew Smithers (click on q and FAQs,) who brilliantly (fortuitously) published a book in March 2000 proclaiming stocks to be in the greatest bubble in history -- the very month that the NASDAQ peaked over 5,100. Every three months, he supplies updated analysis on two of the parameters he and his associates have computed that have historically had a strong track record in predicting the course of stock prices over an appropriate period of time Here is his description, with an update to account for stock prices just a bit lower than year-end prices:With the publication of the Flow of Funds data up to 30th September, 2011 (on 8th December, 2011) we have updated our calculations for q and CAPE. There has been a 1.6% rise in net worth over the quarter, due to a rise of 10.7% in the current value of real estate. This was despite a downward revision to net worth in Q2 2011 of 1.4%, mainly due to an upward revision of 2.8% in debt.Both q and CAPE include data for the year ending 30th September, 2011. (99% of EPS for the S&P 500 being available by 8th December, 2011). At that date the S&P 500 was at 1131.42 and US non-financials were overvalued by 26.5% according to q and quoted shares, including financials, were overvalued by 37.5% according to CAPE. (It should be noted that we use geometric rather than arithmetic means in our calculations.)As at 8th December, 2011 with the S&P 500 at 1234.35 the overvaluation by the relevant measures was 38% for non-financials and 50% for quoted shares.Although the overvaluation of the stock market is well short of the extremes reached at the year ends of 1929 and 1999, it has reached the other previous peaks of 1906, 1936 and 1968…’ , Psychopaths Caused the Financial Crisis And They Will Do It Again and Again Unless They Are Removed From Power : George Washington Post date: 01/03/2012  The Inmates Are Running the Asylum , On The World's Reserve Currency: What's Past Is EpilogueSimply put, "it does not last for ever" should be ringing in the ears of every investor in the world with more than a few millisecond return horizon But it is JPMorgan's Michael Cembalest who frames it the best, "I am reminded of the following remark from late MIT economist Rudiger Dornbusch: 'Crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.'" , US Closes 2011 With Record $15.22 Trillion In Debt, Officially At 100.3% Debt/GDP, $14 Billion From Breaching Debt CeilingGlobal Bond Issuance To Top A Staggering $8 Trillion In 2012 ,  Would A Ponzi By Any Other Name Smell As Bad?The bond market has always had clever names for bonds in specific markets.  Eurobonds, Yankee bonds, Samurai bonds, and now, Ponzi bonds.  Im not sure what else to call these new bonds, but Ponzi bonds seems as good as anything. NBG issued these bonds to themselves, got a Greek government guarantee (how can a country that cant borrow, provide a guarantee?) and took these bonds to the ECB to get some financing. , Guest Post: War Imminent In Straits Of Hormuz? $200 A Barrel Oil?The Ministry Of Propaganda Declares Ron Paul "Unelectable"Presenting 2011's Top 10 Most Corrupt American PoliticiansGuest Post: The Circling Black Swans Of 2012 If we had to summarize the Status Quo's confidence that no black swans will threaten its control in 2012, we might begin with its faith that the system's self-regulation will resolve all systemic challenges. Just as the Status Quo has placed all its chips on a single bet--that "growth" from debt-based consumption can be resumed with vast public borrowing and saving the predatory financial sector--it also bases its confidence on the system's self-regulation. If the banking sector is riddled with fraud and embezzlement, then some minor tweaking of regulation will solve all issues. If demand for debt has collapsed, then the solution is for the Federal Government to borrow 10% of GDP every year to compensate for the decline of private debt and spending. The faith is that extending and pretending will magically restore the "growth" the Status Quo needs to support its ballooning debt. Extending and pretending offers up the compelling illusion that the system's broken self-regulation is up to the task of fixing systemic problems. In the darkness overhead, we can hear the beating of unseen wings that promise to make a mockery of the Status Quo's supreme Imperial hubris , European Economy Contracts For Fifth Month In A Row, More Pain Ahead, Spain Releases Another Stunner: Deficit Could Be Greater Than 8% Of GDPDeposits With ECB Decline By 30 Billion In New Year, Still Near All Time RecordRatio: 3.5 Million Homeless and 18.5 Million Vacant Homes in the US Crooks and Liars , New Asian Union Means The Fall Of The Dollar Brandon Smith , Gloomsday: Germany and Europe Expect a Tough 2012 Jan 2nd, 2012 (Der Spiegel) , Austerity Reigns Over Euro Zone as Crisis Deepens Jan 2nd, 2012 (New York Times) , The Casino Gulag Model with Max Keiser The Alex Jones Channel | Former trader Max Keiser joins Alex to discuss the imploding economy. , Catherine Austin Fitts on Wall Streets Corruption, the Austrian School and Whos Really in Charge Daily Bell , Total Collapse of The Dollar and Skyrocketing Oil Prices in 2012: Lindsey Williams Reports , Insane Levels of Leverage by the Too Big to Fail Banks Not Deadbeat Borrowers Caused the Financial Crisis Washingtons Blog , Collapse of the Eurozone will start this year as countries pull out of the single currency, leading think tank warns UK Daily Mail , 6 Reasons Why Buying A Home Is Like Throwing Away Money , 2012 Will Be More Difficult Than 2011 http://theeconomiccollapseblog.com/ Do you believe that 2012 will be more difficult for the global economy than 2011 was?  Well, that is what German Chancellor Angela Merkel believes.  The woman that has become the most important politician in Europe recently declared that 2012 "will no doubt be more difficult than 2011".  The funny thing is that she has generally been one of the most optimistic public figures in Europe throughout this debt crisis.  But now even Merkel is openly admitting that 2012 is going to be a really, really bad year…’  , Guest Post: A Run On The Global Banking System - How Close Are We?

 

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France, Germany tell Greece to make debt deal The European Unions key powers warned Greece that rescue funds will be held back unless the country makes a deal soon with the banks holding its debt. (Washington Post) [ Deh, deh deh deh, dehhhhh! Oooooh! Them’s fightin’ words … their way or the highway … like we didn’t see that comin’. Actually, the situation’s all that grim there { Graham Summers Weekly Market Forecast (Nothings Changed Edition) http://gainspainscapital.com January 9th, 2012 We are now into the second week of 2012 and frankly I cant see any fundamental reason to be bullish about things. The European debt Crisis continues to accelerate, with Frances borrowing costs rising dramatically and the yield on Italys ten-year back above 7% despite massive intervention on the part of the ECB., Trends forecaster Gerald Celente recently told ABC Australia that he is more concerned about the global financial system today than he has ever been beforeI would say, since Ive been doing this work, over 30 years ago, Ive never been more concerned than I am right now.Celente also told ABC Australia that many areas of Europe are already essentially experiencing an economic depressionIf you live in Greece, youre in a depression; if you live in Spain, youre in a depression; if you live in Portugal or Ireland, youre in a depression, Celente said. If you live in Lithuania, youre running to the bank to get your money out of the bank as the bank runs go on. Its a depression. Hungary, theres a depression, and much of Eastern Europe, Romania, Bulgaria. And there are a lot of depressions going on [already].} ,
and despite the respite from direct attention, here as well (Guest Post: Why Bernanke Has Failed, And Will Continue To Fail! [
The Currency Wars http://www.albertpeia.com/rickardsgrantboltoninterviewvideo.htm  ,  David Rosenberg On The Depression, The ECB, MF Global As A Canary In The Coalmine... All With A Surprise Ending,  This is No Cyclical Recession It is a Secular DE-pression MF GLOBAL EXPLAINED http://www.youtube.com/watch?v=jLt05sN7vK0&feature=player_embedded  [causal links between OTC derivatives, the financial crisis of 2008, Alan Greenspan, Robert Rubin, Larry Summers, Jon Corzine and MF Global, Quantitative Easing Explained  http://www.youtube.com/watch?v=PTUY16CkS-k  ,   Famed economist predicts economic calamity in 2012. See the evidence.   http://w3.newsmax.com/a/aftershockb/video.cfm   50% unemployment & 90% Dow crash also predicted. Newsmax   ,  Economic / Financial Collapse Imminent Stansberry  Investment Advisory http://www.albertpeia.com/stansberrysinvestmentadvisory.flv    Harry Dent, Jr. Economy will be in a Depression by 2011 Dow will Fall to 3,800 4,500 by 2012 Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest. U.S. Dollar will Decline Housing will Decline by 40 60% from Todays Levels Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012). , Goldman Turns Bearish: Squid Releases Top Trades For 2012... And It's Not Pretty the squid is bearish. Which is bad news , Market Rally Won't Last Long  Forbes ,  The Worldwide Depression/Recession Of 2012   Jeff Harding .

 

 

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Obama continues trend of turning to budget director in time of trouble Lew’s replacement of Daley as chief of staff reflects anticipation of fight with Congress on payroll tax. (Washington Post) [ Let’s not sugar-coat the reality here! Given america’s defacto bankruptcy and wildly profligate spending by wobama exceeding by far all others (and the last several combined) thereby exacerbating america’s dire predicament  (Dire predicament, forecast, time to ‘get out of Dodge (america)’  http://albertpeia.com/forecastusdebtgetoutofdodge.htm  ) it was nothing short of pathetic to hear of wobama’s pre-election year military budget cuts while bragging that his military budget allocation still exceeds that of bush failure 2. Some companies won’t even hire until wobama’s out ( Drudgereport:  COMPANY SHOCK: 'WE'RE NOT HIRING UNTIL OBAMA GONE'  ) , the ‘budget director’ for his ‘knowledgeable budgetary skills’ is hardly palatable reality even to as gullible an american public as we’ve come to know. There’s a bit more to this story that needs sayin’. Romney’s money problem His nomination may be near, but his routine is getting a bit rich. (Washington Post) [ Yet another of those ‘aw come on Mr. Milbank moments’. I mean really. Wobama’s are as ‘rich’, disingenuous to say otherwise, and his routine, namely b***s***, is past ‘getting old’. After all, wobama can’t run on his clear record of failure as bush failure 3 with what turns out as before, b***s*** alone. The problem is that there’s nothing that can be said of the republican offerings (except Ron Paul) for which it can’t be said of wobama that he’s been there, done that in contravention of all prior campaign promises, to the substantial detriment of the nation. Even his new ‘displacement’ as chief of staff’s a ‘wall street inside man’ (Drudgereport: FLASHBACK: Daley planned to leave AFTER election...  ,  Michelle (a black) distressed about power of 'white Irish Catholic'...  ,  New Obama Chief of Staff: Former Hedge Fund Exec at CITI, Made Money off Mortgage Defaults... (even Castro’s correct on this obvous point regarding the duplicitous wobama ) Castro: 'Robot' better than Obama, Republicans... UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE... WP 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.         . Obama missing the mark on defense? President Obama’s defense strategy — and the assumptions underlying it — need a closer look. (Washington Post) [ I really don’t know what the editorial board really is; but that’s the only reason I’m commenting here (on this one) given their most recent, shocking ‘contributions’ to the discourse. First, let’s begin with a  fundamental reality; viz., america is hopelessly and insurmountably defacto bankrupt (34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger  http://theeconomiccollapseblog.com   ‘We have all been lied to.  For decades, the leaders of both major political parties have promised us that they can fix our current system and that they can get our national debt under control.  As the 2012 election approaches, they are making all kinds of wild promises once again.  Well you know what?  It is all a giant sham.  The United States has gotten into so much debt that there will be no coming back from this.  The current system is irretrievably broken… Professor Laurence J. Kotlikoff, the U.S. is facing a "fiscal gap" of over 200 trillion dollars in the future.  The following is a brief excerpt from a recent article that he did for CNN...The government's total indebtedness -- its fiscal gap -- now stands at $211 trillion.. The fiscal gap is the difference, measured in present value, between all projected future spending obligations -- including our huge defense expenditures and massive entitlement programs, as well as making interest and principal payments on the official debt -- and all projected future taxes…#33 If you add up all forms of debt in the United States (government, business and consumer), it comes to more than 56 trillion dollars.  That is more than $683,000 per family…). Second, I’d like to know how these unaffordably expensive military industrial complex (warned against by the great but substantially underrated President General Eisenhower) welfare programs have succeeded in accomplishing anything but the defacto bankruptcy of this nation, created fortunes for the war profiteering few, while fomenting (justifiable) anti-american sentiment globally (that ‘destructive thing’ that rational people abhor). Third, $489 billion in cuts over 10 years (however ‘sold’, ie., ‘new strategy’) is nothing relative to the enormity and insurmountability of the nation’s debt. What need’s a closer look is not so much the ‘new strategy’; but rather that failed abhorrent old strategy, however repackaged, and those who made it. After all, it doesn’t matter so much what they say, as it does what they do. A glaring example is the ‘war on drugs’ given america’s unequivocal involvement in same (infra). As for wobama missing the mark on defense, there isn’t anything whatsoever that wobama hasn’t missed the mark on. Obama flush with financial sector cash The president has managed to raise more money this year from the sector than any GOP contender. (WP) [ So much for obama and OWS; but how ‘bout wobama and obs … yes, more ‘obama b*** s*** ! The quid pro quo … the bribe …  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.    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’ billions from the fraud )THE OBAMA DECEPTION’  http://albertpeia.com/obamadeceptionhighqualityversion.flv ,    

 

http://www.albertpeia.com/todayspage.htm  
http://albertpeia.com/fbimartinezcongallard.htm  

http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm

 

 

 

 

 

 

The two faces of Newt Gingrich With few campaign advisers to keep him on track, the candidate is showing his nasty side. (Washington Post) [ Yes indeed, we see ‘both sides now’ of ‘nasty newt’; as ominously warned by the sound from beyond of none other but Frank { Performed by

Frank Sinatra 1968, Written by Joni Mitchell First release Both Sides Now by Judy Collins on audio album Wildflowers (November 1967) }

 

Rows and flows of newt’s white hair
And icy screams from bombs in the air
And unfettered cannons ev'rywhere
I've looked at mushroom clouds that way …

 

In N.H., Romney steps up attacks on Gingrich(Washington Post) [ Yeah … he’d better get going, ratchet up the rhetoric; after all, slimy newt’s just gotten the endorsement of ‘celebrity mobster madman’s (trump’s) apprentice’, ‘gary the b’ (for berserk) busey (most notable for his role in the film ‘Tomcats’ as the guy with only half a pair of b**ls!) (Drudgereport: Gary Busey Endorses Gingrich... ). Five myths about Ron Paul  (WP) [ For me, the litmus test for any candidate, though somewhat personalized, is generally applicable to the entire national electorate. It falls within that very broad category; viz., ‘been there, done that’. It is no mystery that the current wobama regime, et als are trying in every which way to censor, obstruct, and otherwise control the free-flow of information, particularly now the internet, which really works against failed administrations as that currently in place. By every measure you can gauge the success or failure of a presidency, wobama the b for b***s*** is an abject failure. There is not one reason based upon what he said he would do last time around, didn’t do, but as we now know had he done as he said the nation would have clearly been better off this day. He basically continued the policies of the prior failed presidency of war criminal dumbya bush, including the same or similarly connected players, despite having campaigned vociferously condemning same  (CIA lawyer says Obama administration backed and continued virtually all Bush-era programs Natural News ). Clinton was the luckiest of all recent presidents in having the benefit of the peace dividend to smooth things over, by way of the one and only but very significant accomplishment of Reagan / Gorbachev; yet, he found ways through deep-seated mental issues to fail, which we all endured as if watching a soap opera unfold. Incompetent george h.w. bush (‘poppy’) was basically the ‘cia in disguise’ which kept up the ops which included that snookering of then american proxy, sadam hussein, by u.s. ambassador april glaspie (see more here infra) (george h.w.bush was also ambassador to communist china and we all know how that’s turned out for america; but, ‘they’ and ‘theirs’ have made a bundle.. poppy and clinton were tied by ‘virtue’ of their cia / Mena, Arkansas cocaine drop / connection [ for me that connection was devastating to my RICO case which involved the laundering of drug money through the trump casinos in atlantic city,n.j., and poppy is after all, war criminal dumbya bush’s father ( see ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm     , and, america also leads in the illegal drug trade, infra ) . .. calls for impeachment ..‘fast and furious debacle’.  Despite campaign promises, there have been no high level prosecutions of the wall street frauds which are still extant in the trillions. That ‘8%’ unemployment; don’t completely dismiss same as they may just have enough of their stand-ins to work exactly 1 day to be counted;that’s at best... as they’ve done, manipulate/fudge/outright lie about the numbers (actual unemployment is beyond 15%). Gingrich actually carved out exceptions for fraudulent wall street to the applicability of the RICO Act to their frauds, among many other unscrupulous acts which will emerge; along with having sought the endorsement of mobster, mental case trump.. romney follows suit with a trip to kiss the ring of failed president poppy bush while cow-towing as all but Paul to the israeli lobby. So I, as should be so for the entire nation, say results count. (For me, it’s resolution of those corrupted RICO matters). Reality counts. What’s gone before has failed;new direction, policies are required. After all, Einstein did say, paraphrasing, ‘doing the same thing over and over again and expecting a different result’ is insanity. Ron Paul’s still standing!

 

Both Sides Now ( actual lyrics – This is a great song and among those I ‘play’ on the guitar! )

 

Rows and flows of angel hair
And ice cream castles in the air
And feather canyons ev'rywhere
I've looked at clouds that way

But now they only block the sun
They rain and snow on ev'ryone
So many things I would have done
But clouds got in my way
I've looked at clouds from both sides now

From up and down, and still somehow
It's cloud illusions I recall
I really don't know clouds at all

Moons and Junes and Ferris wheels
The dizzy dancing way you feel
As ev'ry fairy tale comes real
I've looked at love that way

But now it's just another show
You leave 'em laughing when you go
And if you care, don't let them know
Don't give yourself away

I've looked at love from both sides now
From give and take, and still somehow
It's love's illusions I recall
I really don't know love at all

Tears and fears and feeling proud
To say "I love you" right out loud
Dreams and schemes and circus crowds
I've looked at life that way

But now old friends are acting strange
They shake their heads, they say I've changed
Well something's lost, but something's gained
In living ev'ry day

I've looked at life from both sides now
From win and lose and still somehow
It's life's illusions I recall
I really don't know life at all
I've looked at life from both sides now
From up and dawn, and still somehow
It's life's illusions I recall
I really don't know life at all

 

http://www.albertpeia.com/todayspage.htm  
http://albertpeia.com/fbimartinezcongallard.htm  

http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm

 

 

 

 

 

Romneys money problem His nomination may be near, but his routine is getting a bit rich. (Washington Post) [ Yet another of those ‘aw come on wobama lover Mr. Milbank moments’. I mean really. Wobama’s are as ‘rich’, and disingenuous at best to say otherwise, and his routine, namely b***s***, is past ‘getting old’. After all, wobama can’t run on his clear record of failure as bush failure 3 with what turns out as before, b***s*** alone. The problem is that there’s nothing that can be said of the republican offerings (except Ron Paul) for which it can’t be said of wobama that he’s been there, done that in contravention of all prior campaign promises, to the substantial detriment of the nation. Even his new ‘displacement’ as chief of staff’s a ‘wall street inside man’ (Drudgereport: FLASHBACK: Daley planned to leave AFTER election...  ,  Michelle (a black) distressed about power of 'white Irish Catholic'...  ,  New Obama Chief of Staff: Former Hedge Fund Exec at CITI, Made Money off Mortgage Defaults... (even Castro’s correct on this obvous point regarding the duplicitous wobama ) Castro: 'Robot' better than Obama, Republicans...  . Obama missing the mark on defense? President Obamas defense strategy and the assumptions underlying it need a closer look. (Washington Post) [ I really don’t know what the editorial board really is; but that’s the only reason I’m commenting here (on this one) given their most recent, shocking ‘contributions’ to the discourse. First, let’s begin with a  fundamental reality; viz., america is hopelessly and insurmountably defacto bankrupt (34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger  http://theeconomiccollapseblog.com   We have all been lied to.  For decades, the leaders of both major political parties have promised us that they can fix our current system and that they can get our national debt under control.  As the 2012 election approaches, they are making all kinds of wild promises once again.  Well you know what?  It is all a giant sham.  The United States has gotten into so much debt that there will be no coming back from this.  The current system is irretrievably broken Professor Laurence J. Kotlikoff, the U.S. is facing a "fiscal gap" of over 200 trillion dollars in the future.  The following is a brief excerpt from a recent article that he did for CNN...The government's total indebtedness -- its fiscal gap -- now stands at $211 trillion.. The fiscal gap is the difference, measured in present value, between all projected future spending obligations -- including our huge defense expenditures and massive entitlement programs, as well as making interest and principal payments on the official debt -- and all projected future taxes#33 If you add up all forms of debt in the United States (government, business and consumer), it comes to more than 56 trillion dollars.  That is more than $683,000 per family). Second, I’d like to know how these unaffordably expensive military industrial complex (warned against by the great but substantially underrated President General Eisenhower) welfare programs have succeeded in accomplishing anything but the defacto bankruptcy of this nation, created fortunes for the war profiteering few, while fomenting (justifiable) anti-american sentiment globally (that ‘destructive thing’ that rational people abhor). Third, $489 billion in cuts over 10 years (however ‘sold’, ie., ‘new strategy’) is nothing relative to the enormity and insurmountability of the nation’s debt. What need’s a closer look is not so much the ‘new strategy’; but rather that failed abhorrent old strategy, however repackaged, and those who made it. After all, it doesn’t matter so much what they say, as it does what they do. A glaring example is the ‘war on drugs’ given america’s unequivocal involvement in same (infra). As for wobama missing the mark on defense, there isn’t anything whatsoever that wobama hasn’t missed the mark on. Obama flush with financial sector cash The president has managed to raise more money this year from the sector than any GOP contender. (WP) [ So much for obama and OWS; but how bout wobama and obs yes, more obama b*** s*** ! The quid pro quo the bribe   Cases against Wall Street lag despite Holders vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Wont Prosecute Financial Crime  Washingtons 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 billions from the fraud )THE OBAMA DECEPTION  http://albertpeia.com/obamadeceptionhighqualityversion.flv ,    Role as political insider in Washington made Rick Santorum a millionaireAfter losing reelection bid in 2006, he capitalized on experience with a profitable career on K Street. (Washington Post) [ As such, the same salvos levied against slimy newt are aposite here and reiterated. Yet, I’m still non-plused by santorum equating same-sex marriage (as a heterosexual myself I can’t say that I’m wild about that idea) with polygamy (truth be told it could be easy for me to picture being wild about that idea). I haven’t yet looked closely at santorum, candidly speaking; and, know him only by his contraindicated and preposterous ‘soundbites’ in defense of nation-bankrupting neo-con geopolitics (wars) and have previously referred to him as a ‘lightweight’ thereby.

Rubin: Gingrich out for revenge (Washington Post) [ Yes, newt … revenge is sweet and so are you … Your reward: a message and a song to sing as you pine away about what was your day … Sweet slimy newt, once again from beyond, Frank’s got just the sultry sound to soothe your vengeful, restless spirit, so sing it snooty newty (but stay away from any new booty) :

FRANK SINATRA LYRICS: " I WANNA BE AROUND "
(J. Mercer, S. Vimmerstadt)
[Recorded June 9, 1964, Los Angeles]
I wanna be around to pick up the pieces when somebody breaks your heart,
Somebody twice as smart as I.
Somebody who will swear to be true like you used to do with me,
Who'll leave you to learn that misery loves company, wait and see.
I wanna be around to see how he does it when he breaks your heart to bits,
Let's see if the puzzle fits, so fine,
And that's when I'll discover that revenge is sweet,
As I sit there applauding from a front row seat,
When somebody breaks your heart like you broke mine.
That's when I'll discover that revenge is sweet,
As I sit there applauding from a front row seat,
When somebody breaks your heart like you broke mine,
Like you, like you broke mine.

Gingrich gets emotional at campaign event  In an unusually emotional moment, the former House speaker got teary-eyed when asked a question about his mother during an Iowa town hall Friday. (Washington Post) [ Wow! Slimy newt’s Muskie moment. Mom or no, he of all slime bags should know that ‘Big Boys Don’t Cry’; oh, excuse me, that’s ‘Big Girls Don’t Cry’. What to do … to cheer up the maudlin newt? Yes … once again from beyond, the sultry, soothing, sound of Frank provides the answer: { ‘Send in the Clowns’ -Full song, real lyrics with intro by Frank, infra:(Stephen Sondheim)[Recorded June 22, 1973, Hollywood] }

 

Isn't newt rich? Is he and mom a pair?
newt here at last on the ground and his campaign in mid-air
Send in the clowns…

 

Isn't newt rich? Isn’t he queer?
Losing his timing this late in his nearly presidential career
But where are the clowns? Send him to the clowns in d.c.
Well, maybe but not next year

 

For some Hill Republicans, fear of a Newt Gingrich nomination  Republican lawmakers, strategists fear Gingrich would jeopardize GOP prospects for control of Congress. (Washington Post) [ Fear indeed! Fear and loathing in fact is more descript; and, not just by Hill Republicans, to be sure. Then, ominously from beyond, another warning from the ghost of Frank (My Way Writer:Anka Composer:François,Revaux) : Regrets, newts had a few, but then again, too many to mention Indeed, far too many, and, despite crocodile tears from the duplicitous slimy newt, his unconflicted nature regarding such things means there are probably so many such things worthy of regret that hes all but unelectable as president ( speaking of newts, amphibians, throw in an arachnid for good measure, think of that fable of the frog and scorpion crossing the river and the all in his nature thing). Romney: Newt Gingrich an extremely unreliable conservative leader  EXCLUSIVE | In a Washington Post interview, Mitt Romney says he has been more consistent than his rival. (Washington Post) [ Yes we can hear the ghost of Frank sweetly serenading us with a foreboding and warning regarding the slimy newt based on his hit tune (Call me irresponsible Writer(s): Cahn/Van Heusen):

Call him irresponsible - call him unreliable
Throw in undependable too
Do his foolish alibis bore you
Well he’s not too clever – he just adores trumpish people we should boo

Call him unpredictable - tell him he’s impractical
Pots of gold at ends of rainbows he’s inclined to pursue
Call him irresponsible - yes newt’s unreliable
But it's undeniably true – newt’s irresponsibly mad for madman trump et als too

 

 

Full song, real lyrics with intro by Frank:

‘Send in the Clowns’ (Stephen Sondheim)[Recorded June 22, 1973, Hollywood]

[Spoken intro]
This is a song about a couple of adult people who have spent, oh, quite a long time
together, till one day
one of 'em gets restless and decides to leave. Whether it's the man or woman who left is unimportant.
It's a breakup.
It's a lovely marriage of words and music, written by Stephen Sondheim.


Isn't it rich? Are we a pair?
Me here at last on the ground and you in mid-air
Send in the clowns

Isn't it bliss? Don't you approve?
One who keeps tearing around and one who can't move
But where are the clowns? Send in the clowns

Just when I stopped opening doors
Finally finding the one that I wanted was yours
Making my entrance again with my usual flair

Sure of my lines
Nobody's there

Don't you love a farce? My fault, I fear
I thought that you'd want what I want, sorry my dear
But where are the clowns? Send in the clowns
Don't bother they're here

Isn't it rich? Isn't it queer?
Losing my timing this late in my career
But where are the clowns? Send in the clowns
Well, maybe next year

 

Financial Troubles For Many Nations In The New Year Bob Chapman | 2012 is going to be quite a year with falling economies in the UK, Europe, the US, China, Japan and the remainder of Asia. Ron Paul’s poll numbers are up in Iowa (Washington Post) [ As indeed they should be if people are truthful about wanting real change for the better. Historical headwinds Gingrich, Romney and Paul against the odds. (Washington Post) [ This is without doubt the most disappointing article by an otherwise invariably clear thinking Mr. Will. I’m glad for his disclosure (the Perry link) inasmuch as at least there is the possibility of a modicum of reason behind what otherwise would constitute a total ‘lack of reason’. Mr. Will sets forth some interesting tidbits of a category of sorts of history as if prepping for a round of Jeopardy, so obscure as they are. Relevance to today, that is also as obscure. If Mr. Will, of all people, cannot discern the difference today, from the america of yesterday, one does have to wonder who can. Yet, I do believe the vast majority in america do in fact discern such a difference. Why? Because the magnitude of that reality (of difference) is so great that one would have to be literally brain-dead to not discern it. Pervasively corrupt and quite literally defacto bankrupt, america’s at the cusp of a complete collapse in every way a nation could collapse; viz., financially, economically, politically, geopolitically, and legally. Indeed, so stark are these realities despite organized obfuscation, the same direction / status quo is blatantly untenable to even the most stalwart of ‘stay the course types’. Other than the black vote (roughly 18% according to’the first black president, clinton’) and the relatively few remaining wobama loyalists, I do believe, though belated, it’s human nature for that clear majority to opt for the chance of survival (of a nation) rather than the already worn path of decline as tread by wobama. Then comes the distinction between the failed president wobama and the alternative; Ron Paul being the ‘man, with a plan, that’s not already been ran’. New direction, change is sorely needed; which wobama promised, but never delivered, jive-talking con-man that he is. 

George H.W. Bush said to support Romney (Washington Post) [“I think Romney is the best choice for us,” said poppy bush. Exactly! Though surprisingly candid given his oft shady rhetoric; from read his lips ‘no new taxes’ to ‘he’s thinking anew’, words he ascribed to Lincoln; he really means this ‘us’ thing; not u.s. mind you; but literally us as in the untalented (war) criminal bush clan that spawned two failed presidents and have rested hopes for a third (jebby the judas – or at least a still viable political ‘leeching of america’ position – same for his lying -9/11- buddy tom kean’s son) in the ever increasingly desperate romney. So poor a job did poppy do, he, like ‘wobama the b for b***s***, was a ‘one-termer’ (even bush failure 2 who ranks among the worst presidents in american history, just a notch above wobama –the worst-, got two terms – people were still buying into their self-created ‘national emergency mode’ war propaganda). Then there’s his familial historical ties to fraudulent wall street as well as even hitler et als. But then there’s the military industrial complex so warned against by the great but underrated President General Eisenhower that stands to gain by the bush league approach and certainly romney’s bellicose rhetoric was made to order to accommodate such fleecing enterprises with wars / conflicts made real thereby. ‘Best choice’ … For whom should be the proper query? There’s the cia (and their illegal drug business and bigger off the grid budgets http://albertpeia.com/CIAAgentAffidavit1.jpg   ), the communist chinese (that engagement thing as former ambassador that’s worked out so marvelously for america while make ‘those few’ very wealthy), the Carlisle Group, etc.. Then there’s aipac, israel, zionist jews, neo-cons, mental-cases like cheney, bolton, etc., and in the case of aipac have been showing their love … not for americans/america, but for ie., romney and themselves… With rise, Ron Paul could be spoiler in GOP presidential race — or kingmaker As the first votes approach in Iowa, the congressman is a serious force with the potential to upend fight. (Washington Post) [ Spoiler? Kingmaker? How ‘bout ‘the candidate’! If there’s one thing far more scrutinizing eyes than those of the so-called mainstream are apt to point out (ie., Tyler Durden, Jones, Watson, etc.), it’s that the nation hasn’t fared so well with the so-called ‘establishment / mainstream candidates / favorites’. In fact, as we all know, the substantially compromised mainstream candidates with substantially compromised mainstream positions have proven to be downright disastrous for the nation, the people, and the world generally. The time has come in light of realities to say, borrowing the words from Robert Kennedy … Why not? There is no rational argument that militates against a Ron Paul who calls things as they are. After all, whether people like to admit it or not, the fed (like wobama the b for b***s***) has failed virtually all of their mandates. Moreover, the bernanke fed’s policies have helped the frauds / perps (biggest still unprosecuted) on wall street to the detriment of literally everyone else. The same is true of the military industrial complex war-welfare plans as warned against by the great but substantially underrated President General Eisenhower in terms of the few they so favored at everyone else’s expense. The examples go on and on and are too numerous to list. Rogers: Paul is short on appeal (Washington Post) [ Yeah … he ain’t pretty … but this ain’t a beauty contest … Moreover, what has appeal gotten the nation? … where has appeal gotten the nation to? … 4 years of wobama’s ‘appeal’ aka b***s*** has left the nation in the toilet at best, cesspool at worst; and, in large part owing to the glaring fact that if ‘wobama the b for b***s***’ had done what he said he’d do and didn’t, the nation prospects, though still ominous, would have been substantially enhanced. For all but Paul, it’s the failed ‘same old, same old’ which is, as per paraphrasing Einstein, neither a plan, nor strategy, but rather insanity. Gingrich’s time of testingTHE TAKE | Can Gingrich survive rivals’ attacks, build a campaign that sustains his candidacy? (Washington Post) [ ‘Time of testing’? Oh, but he has been tested … scandal-scarred like no other, he has been found wanting … too much … not for the nation, but himself … he’s already failed any and all tests.  Newspaper Chaired By Private Equity Head Shockingly Endorses Mitt Romney For President; Ron Paul On Jay Leno   A few hours ago the Des Moines Register threw its support behind the Bain Capital founder, and the man now known to have actively destroyed any trace of his public "service" before his 2007 Massachusettes office handover (with a pending response to a Reuters FOIA, which will disclose just what it was that Romney was so tenuously shredding). Because according to the Iowan newspaper, Mitt Romney "is the best to lead" America, although into what, is not quite clear - perhaps the biggest Fed funded LBO (with a Bain Capital $1 mezz piece) of all time, that of America? We don't know. And neither does the Register's editorial board. What they do know are hollow adjectives, such as "sobriety", "wisdom" and "judgment" which somehow are applicable to Romney, if not so much "betting" and "shredding." Those looking for a late night laugh can read the OpEd below (link to tomorrow's front page here). And ironically, while likely set to provide a very short-term boost to Romney's chances, it is the baseless ongoing accusations against Ron Paul that will likely solidify the groundswell behind the Texan, with such desperate platitudes as "Ron Paul's libertarian ideology would lead to economic chaos and isolationism, neither of which this nation can afford." Because what America certainly needs is more of that old ideology of doing everything just the same and hoping for the best, because if there is anything Romney's would be predecessors have taught us is that hope apparently is a credible strategy. But perhaps most relevant is the reminder that the Des Moines Register is a Gannett company whose Chairman just happens to be one Marjorie Magner, whose bio reads: 'Ms. Magner, 61, is Managing Partner of Brysam Global Partners, a private equity firm investing in financial services firms with a focus on consumer opportunities in emerging markets founded in January 2007. She was Chairman and CEO of Citigroup's Global Consumer Group from 2003 to 2005. She served in various roles at Citigroup, and a predecessor company, CitiFinancial (previously Commercial Credit), since 1987. Ms. Magner currently serves as a director of Accenture Ltd. and Ally Financial Inc. and served as a director of The Charles Schwab Corporation from February 2006 to May 2008. Ms. Magner has broad business experience and financial expertise from the various senior management roles she held with Citigroup." (that Romney felt the need to ‘kiss the ring’ of failed president poppy bush says a lot about ‘regressive political persuasion’

 

 

In N.H., Romney steps up attacks on Gingrich(Washington Post) [ Yeah … he’d better get going, ratchet up the rhetoric; after all, slimy newt’s just gotten the endorsement of ‘celebrity mobster madman’s (trump’s) apprentice’, ‘gary the b’ (for berserk) busey (most notable for his role in the film ‘Tomcats’ as the guy with only half a pair of b**ls!) (Drudgereport: Gary Busey Endorses Gingrich... ). Five myths about Ron Paul  (WP) [ For me, the litmus test for any candidate, though somewhat personalized, is generally applicable to the entire national electorate. It falls within that very broad category; viz., ‘been there, done that’. It is no mystery that the current wobama regime, et als are trying in every which way to censor, obstruct, and otherwise control the free-flow of information, particularly now the internet, which really works against failed administrations as that currently in place. By every measure you can gauge the success or failure of a presidency, wobama the b for b***s*** is an abject failure. There is not one reason based upon what he said he would do last time around, didn’t do, but as we now know had he done as he said the nation would have clearly been better off this day. He basically continued the policies of the prior failed presidency of war criminal dumbya bush, including the same or similarly connected players, despite having campaigned vociferously condemning same  (CIA lawyer says Obama administration backed and continued virtually all Bush-era programs Natural News ). Clinton was the luckiest of all recent presidents in having the benefit of the peace dividend to smooth things over, by way of the one and only but very significant accomplishment of Reagan / Gorbachev; yet, he found ways through deep-seated mental issues to fail, which we all endured as if watching a soap opera unfold. Incompetent george h.w. bush (‘poppy’) was basically the ‘cia in disguise’ which kept up the ops which included that snookering of then american proxy, sadam hussein, by u.s. ambassador april glaspie (see more here infra) (george h.w.bush was also ambassador to communist china and we all know how that’s turned out for america; but, ‘they’ and ‘theirs’ have made a bundle.. poppy and clinton were tied by ‘virtue’ of their cia / Mena, Arkansas cocaine drop / connection [ for me that connection was devastating to my RICO case which involved the laundering of drug money through the trump casinos in atlantic city,n.j., and poppy is after all, war criminal dumbya bush’s father ( see ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm     , and, america also leads in the illegal drug trade, infra ) . .. calls for impeachment ..‘fast and furious debacle’.  Despite campaign promises, there have been no high level prosecutions of the wall street frauds which are still extant in the trillions. That ‘8%’ unemployment; don’t completely dismiss same as they may just have enough of their stand-ins to work exactly 1 day to be counted;that’s at best... as they’ve done, manipulate/fudge/outright lie about the numbers (actual unemployment is beyond 15%). Gingrich actually carved out exceptions for fraudulent wall street to the applicability of the RICO Act to their frauds, among many other unscrupulous acts which will emerge; along with having sought the endorsement of mobster, mental case trump.. romney follows suit with a trip to kiss the ring of failed president poppy bush while cow-towing as all but Paul to the israeli lobby. So I, as should be so for the entire nation, say results count. (For me, it’s resolution of those corrupted RICO matters). Reality counts. What’s gone before has failed;new direction, policies are required. After all, Einstein did say, paraphrasing, ‘doing the same thing over and over again and expecting a different result’ is insanity. Ron Paul’s still standing!

 

America’s shine is wearing off I know why we are falling into a cataclysm of debt and can’t get out. (WP) [ Ah, yes. The Puritans. Of noble purpose, religious freedom, freedom generally did they come to these shores. A rare exception to the influx of immigrants to this young nation who turned out to be more a virus to the indigenous peoples of this land than what could have been expected from those of noble calling. Indeed, in evolutionary terms, it’s doubtful that those so positioned abroad would have represented a positive addition to the gene pool which, borrowing from an insurance term, viz., adverse selection, springs forth the notion of inevitability to the genocide of the indigenous populations while guaranteeing the decline we see throughout this foundering nation. The effects of these negative predispositions toward inherent criminality is certainly being felt globally as well as domestically and has little to recommend it. My own direct experience with the region(s) (particularly new jersey, new york, virginia, connecticut, california) carves out no exception for the prevalence of the worst of human nature; which is now collectively and pervasively americana.  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        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.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

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  
 

 

 

SHARE YOUR OPINION ON THE DEBT LIMIT
Dear Congresswoman Roybal-Allard:

The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:

ATF Chief Melson:Justice Department trying to shield officials (LATimes) Serrano

 

I believe him!


 I truly empathize with the ATF in terms of government cover-ups, notably by even the DOJ. Youll recognize some familiar names (ie., Alito, Trump, Freeh (Louis Freeh now has dual citizenship with Italy), and some familiar crimes (ie., drug money laundering, etc. real cash cow for govt ops, bribes, etc.). [Did you know this about the following ATF Agents who were probably viewed as loose ends: Steve Willis, Robert Williams, Todd McKeahan & Conway LeBleu:   Died February 28, 1993 by gunfire at Waco. All four were examined by a pathologist and died from identical wounds to the left temple. All four had been body guards for Bill Clinton, three while campaigning for President and when he was Governor of Arkansas.They also were the ONLY 4 BATF agents killed at Waco. ]

 

 

 

Heres some real, complicit cover-up / fraud on the part of the federal government, et als:

 

October 15, 2010 (*see infra {ultimately delivered by UPS})

 

 

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 computers browser) as per your offices request as made this day (the disk and contents have been scanned by Avast, McAfee, and Norton which Ive 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 youre 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 FBIs 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 Maloneys 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,

 

 

 

 

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).{recent change 323-786-6651 -magic jack}

 

 

                       ----------

 

*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. (Ultimately delivered by UPS) ]

 

 

 

 

 

 

GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’

ABOUT 6,240 RESULTS (0.11 SECONDS)

·  Trulock Sues FBI Director Freeh

archive.newsmax.com/articles/?a=2000/7/30/211047

Jul 31, 2000 – Judicial Watch is a public-interest law firm that fights corruption in government. To read Larry Klayman's letter to Louis Freeh, ...

·  Judicial Watch - Because no one is above the law!

www.judicialwatch.org/archive/newsletter/2003/0203b.shtml

... security," said JW Chairman Larry Klayman. "His behavior stands in stark contrast to Louis Freeh, a man so corrupt he destroyed the office he led, ...

·  Freedomwriter.com :: Headline News :: - America - JUDICIAL ...

www.freedomwriter.com/issue20/am15.htm

Louis Freeh will finally have to answer in court for what he did to our clients. ... answers,” stated Judicial Watch Chairman and General Counsel Larry Klayman. ...

·  Infowars.com -- Talk Radio's Alex Jones v. the New World Order

www.infowars.com/jw_transcript.htm

Klayman, Larry, Chairman, Judicial Watch ... My name is Larry Klayman. ... interest group that investigates and prosecutes government corruption and abuse. ...... They seized his computer – these are FBI agents at the direction of Louis Freeh, ...

·  JUDICIAL WATCH REJOICES AT RESIGNATION OF FBI DIRECTOR LOUIS FREEH

www.judicialwatch.org/archive/2001/printer_921.shtml

May 3, 2001 – Because of his corrupt behavior, Freeh was placed on Judicial Watch's ... stated Judicial Watch Chairman and General Counsel Larry Klayman. ...

·  The hazing of Judge Lamberth

www.wnd.com/index.php?pageId=5374

May 27, 2000 – By Larry Klayman ... While Judicial Watch has asked FBI Director Louis Freeh to .... lawsuits against a corrupt and unrepentant Clinton-Gore ...

·  Trulock, Conrad v. Freeh, et al, Employees of FBI

cryptome.org/trulock-v-fbi.htm

LOUIS J. FREEH, in his personal capacity; NEIL GALLAGHER, in his No. ... COUNSEL ARGUED: Larry E. Klayman, JUDICIAL WATCH, INC., Washing- ton, D.C. ...

 

 

America also leads in the illegal drug trade.  In fact, many researchers reveal that the war on drugs is only utilized to control and monopolize the illicit drug trade.  The US government has been caught multiple times shipping in cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA   ,  http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related  ,  http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related  ,  http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related  ,  http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related  ] , colluding with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html   ] to control the industry, and now openly protects and transports opium from Afghanistan  [  http://www.youtube.com/watch?v=ElEciFI0Pew  ] .  In fact, Global Research points out that in 2001, “according to UN figures, opium production had fallen to 185 tons. Immediately following the October 2001 US led invasion, production increased dramatically, regaining its historical levels.”  This month, the U.N. announced that Afghanistan now provides 93% of the world’s opium production [  http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world  ]  ; up 61% compared to 2010 to a whopping 5800 tons.  Although the empire tries to keep it secret, they can’t hide the hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm 

 

 

Iraq

from the book

The CIAs Greatest Hits

by Mark Zepezauer

 

The Gulf War of early 1991 didn't change much. Our old buddy, the despotic Emir of Kuwait, is back on his throne. Our former buddy, Saddam Hussein, while knocked down a peg or two, is still in power and as brutal as ever. Hundreds of thousands of Iraqis are dead, hundreds of US veterans are suffering from a mysterious disease, and the Persian Gulf has been ravaged by the largest oil spill in history. The question naturally arises, could any of this have been avoided?

The whole dispute started because Kuwait was slant-drilling. Using equipment bought from National Security Council chief Brent Scowcroft's old company, Kuwait was pumping out some $14-billion worth of oil from underneath Iraqi territory. Even the territory they were drilling from had originally been Iraq's. Slant-drilling is enough to get you shot in Texas, and it's certainly enough to start a war in the Mideast.

Even so, this dispute could have been negotiated. But it's hard to avoid a war when what you're actually doing is trying to provoke a war.

The most famous example of that is the meeting between Saddam and the US Ambassador to Iraq, April Glaspie, five days before Iraq invaded Kuwait. As CIA satellite photos showed an Iraqi invasion force massing on the Kuwaiti border, Glaspie told Hussein that "the US takes no position" on Iraq's dispute with Kuwait.

A few days later, during last-minute negotiations, Kuwait's foreign minister said: "We are not going to respond to [Iraq]....If they don't like it, let them occupy our territory....We are going to bring in the Americans." The US reportedly encouraged Kuwait's attitude.

Pitting the two countries against each other was nothing new. Back in 1989, CIA Director William Webster advised Kuwait's security chief to "take advantage of the deteriorating economic situation in Iraq to put pressure on Iraq.'' At the same time, a CIA-linked think tank was advising Saddam to put pressure on the Kuwaitis.

A month earlier, the Bush administration issued a secret directive that called for greater economic cooperation with Iraq. This ultimately resulted in billions of dollars of illegal arms sales to Saddam.

The Gulf War further destabilized the region and made Kuwait more dependent on us. US oil companies can now exert more control over oil prices (and thus boost their profits). The US military got an excuse to build more bases in the region (which Saudi Arabia, for one, didn't want) and the war also helped justify the "need" to continue exorbitant levels of military spending. Finally, it sent a message to Third World leaders about what they could expect if they dared to step out of line.

 

 

30 STATISTICS THAT SHOW THAT THE MIDDLE CLASS IS DYING RIGHT IN FRONT OF OUR EYES AS WE ENTER 2012

Once upon a time, the United States had the largest and most vibrant middle class that the world has ever seen.  Unfortunately, that is rapidly changing.  The statistics that you are about to read prove beyond a reasonable doubt that the U.S. middle class is dying right in front of our eyes as we enter 2012.  The decline of the middle class is not something that has happened all of a sudden.  Rather, there has been a relentless grinding down of the middle class over the last several decades.  Millions of our jobs have been shipped overseas, the rate of inflation has far outpaced the rate that our wages have grown, and overwhelming debt has choked the financial life out of millions of American families.  Every single day, more Americans fall out of the middle class and into poverty.  In fact, more Americans fell into poverty last year than has ever been recorded before.  The number of middle class jobs and middle class neighborhoods continues to decline at a staggering pace.  As I have written about previously, America as a whole is getting poorer as a nation, and as this happens wealth is becoming increasingly concentrated at the very top of the income scale.  This is not how capitalism is supposed to work, and it is not good for America.

Today I went over to Safeway and I was absolutely appalled at the prices.  I honestly don't know how most families make it these days.  I ended up paying over 140 dollars for about two-thirds of a cart of food.  That was after I "saved" 67 dollars on sale items.

When the cost of the basic things that we need - housing, food, gas, electricity - go up faster than our incomes do, that means that we are getting poorer.

Sadly, if you look at the long-term numbers, some very clear negative trends emerge....

-The number of good jobs continues to decrease.

-The rate of inflation continues to outpace the rate that our wages are going up.

-American consumers are going into almost unbelievable amounts of debt.

-The number of Americans that are considered to be "poor" continues to grow.

-The number of Americans that are forced to turn to the government for financial assistance continues to go up.

After you read the information below, it should become abundantly clear that the U.S. middle class is in a whole heap of trouble.

The following are 30 statistics that show that the middle class is dying right in front of our eyes as we enter 2012....

#1 Today, only 55.3 percent of all Americans between the ages of 16 and 29 have jobs.

#2 In the United States today, there are 240 million working age people.  Only about 140 million of them are working.

#3 According to CareerBuilder, only 23 percent of American companies plan to hire more employees in 2012.

#4 Since the year 2000, the United States has lost 10% of its middle class jobs.  In the year 2000 there were about 72 million middle class jobs in the United States but today there are only about 65 million middle class jobs.

#5 According to the New York Times, approximately 100 million Americans are either living in poverty or in "the fretful zone just above it".

#6 According to that same article in the New York Times, 34 percent of all elderly Americans are living in poverty or "near poverty", and 39 percent of all children in America are living in poverty or "near poverty".

#7 In 1984, the median net worth of households led by someone 65 or older was 10 times larger than the median net worth of households led by someone 35 or younger.  Today, the median net worth of households led by someone 65 or older is 47 times larger than the median net worth of households led by someone 35 or younger.

#8 Since the year 2000, incomes for U.S. households led by someone between the ages of 25 and 34 have fallen by about 12 percent after you adjust for inflation.

#9 The total value of household real estate in the U.S. has declined from $22.7 trillion in 2006 to $16.2 trillion today.  Most of that wealth has been lost by the middle class.

#10 Many formerly great manufacturing cities are turning into ghost towns.  Since 1950, the population of Pittsburgh, Pennsylvania has declined by more than 50 percent.  In Dayton, Ohio 18.9 percent of all houses now stand empty.

#11 Since 1971, consumer debt in the United States has increased by a whopping 1700%.

#12 The number of pages of federal tax rules and regulations has increased by 18,000% since 1913.  The wealthy know how to avoid taxes, but most of those in the middle class do not.

#13 The number of Americans that fell into poverty (2.6 million) set a new all-time record last year and extreme poverty (6.7%) is at the highest level ever measured in the United States.

#14 According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.

#15 According to U.S. Representative Betty Sutton, America has lost an average of 15 manufacturing facilities a day over the last 10 years.  During 2010 it got even worse.  Last year, an average of 23 manufacturing facilities a day shut down in the United States.

#16 Back in 1980, less than 30% of all jobs in the United States were low income jobs.  Today, more than 40% of all jobs in the United States are low income jobs.

#17 Most Americans are scratching and clawing and doing whatever they can to make a living these days.  Half of all American workers now earn $505 or less per week.

#18 Food prices continue to rise at a very brisk pace.  The price of beef is up 9.8% over the past year, the price of eggs is up 10.2% over the past year and the price of potatoes is up 12% over the past year.

#19 Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row.

#20 The average American household will have spent a staggering $4,155 on gasoline by the end of 2011.

#21 If inflation was measured the exact same way that it was measured back in 1980, the rate of inflation in the United States would be well over 10 percent.

#22 If the number of Americans considered to be "looking for work" was the same today as it was back in 2007, the "official" unemployment rate put out by the U.S. government would be up to 11 percent.

#23 According to the Student Loan Debt Clock, total student loan debt in the United States will surpass the 1 trillion dollar mark at some point in 2012.  Most of that debt is owed by members of the middle class.

#24 Incredibly, more than one out of every seven Americans is on food stamps and one out of every four American children is on food stamps at this point.

#25 Since Barack Obama took office, the number of Americans on food stamps has increased by 14.3 million.

#26 In 2010, 42 percent of all single mothers in the United States were on food stamps.

#27 In 1970, 65 percent of all Americans lived in "middle class neighborhoods".  By 2007, only 44 percent of all Americans lived in "middle class neighborhoods".

#28 According to a recent report produced by Pew Charitable Trusts, approximately one out of every three Americans that grew up in a middle class household has slipped down the income ladder.

#29 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

#30 The poorest 50 percent of all Americans now collectively own just 2.5% of all the wealth in the United States.

Sadly, this article could have been much, much longer.  There are so many other statistics about the middle class that could have been included.

For even more insane economic numbers that show just how dramatically the U.S. economy is declining, just check out this article: "50 Economic Numbers From 2011 That Are Almost Too Crazy To Believe".

What is even more frightening is that this is about as good as things are going to get.

We have already had "the economic recovery", such as it was.

Now we are heading for another major financial crisis.  Just like back in 2008, the entire world is going to feel the pain.

But we never recovered from the last financial crisis.  We are like a boxer that is not ready to handle another blow.

And who is going to get hurt the most?  It will be those at the bottom of the food chain of course.  Tens of millions of Americans that are living in poverty will experience a massive amount of pain, and millions more Americans will fall out of the middle class and will join them.

If you have a good job, do your best to hang on to it.  If you don't have a job, do your best to get one while you still can.  Jobs will become very precious in the years ahead.

But also try to do what you can to become less dependent on the system.  Almost anyone can find ways to make some extra money on the side.  Yes, it will likely cut into your television time.  If someday you were to lose your job you don't want to be left with zero income.

Right now, the U.S. economy is slowly dying and as time goes by the number of middle class Americans it will be able to support will continue to decrease.

Yes, it is like a perverse game of musical chairs, but this is where we are at.

I encourage all of you to think about how you plan to make it through the collapse that is ahead.

Sticking our heads in the sand and pretending that everything is going to be okay is not going to help anyone.

But if we all start planning for the storm that is ahead, and if we get others around us to wake up as well, that is going to do a great deal of good in the long run.’

 

 

 

http://www.albertpeia.com/todayspage.htm  
http://albertpeia.com/fbimartinezcongallard.htm  

http://www.albertpeia.com/stansberrycorruptiondeclineofamerica.htm

 

 

 

 

 

 

 

Responding to your message

FROM:

·         Rep. Lucille Roybal-Allard  

TO:

·         albert_peia@yahoo.com

Message flagged

Wednesday, November 16, 2011 8:48 AM

 

 

Dear Mr. Peia:

 

Thank you for being in touch.  As we continue the busy first session of the 112th Congress, I want you to know that I am grateful for the various times you have shared your thoughts and concerns with me on different issues.  Please be assured that your voice is being heard and that your perspective helps me to better represent you in Washington, D.C

 


Sincerely,

LUCILLE ROYBAL-ALLARD
Member of Congress

 

 

[ This is a reply to the Congresswoman’s query among others included.]

 

 

11-5-11

 

 

Dear Congresswoman Roybal-Allard:

The Keynesian (economic) approach, if ever a wise prescription for ‘economic doldrums’, euphemistically speaking (there are articles/studies/data that dispute the purported effectiveness of the widely hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian way’ is certainly no longer a prudent approach today in light of the insurmountable debt levels of nations worldwide and in america particularly along with the concomitant over-printed, debased ‘paper currencies’ to finance same. Quite simply, there simply is not enough real value being created for redistribution, a situation exacerbated by the parasitic lightening fast, computerized churn and earn high frequency trading programs on fraudulent wall street (they should be prosecuted, jailed, fined, and disgorgement imposed for extant frauds in the trillions now marked to anything as per misguided legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke …The government’s total indebtedness is $211 trillion’.  43,454,601,693,238 Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock  Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ] .This is the consequence of a structural shift fed by greed and misguided policy and cannot be undone (transfer of productive capacity to ie., China, etc., ‘the bell cannot be unrung’). That said which militates against such an extension, this is an election year which probabilities suggest makes highly likely the passage of the extension. I favor your co-sponsored legislation and before the holidays simply in the name and spirit of Christmas and for no other reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s ‘more war spending (Keynesian) position’ and an article regarding the folly of same. Immediately following is from my prior post to you concerning something of such manageable proportion and well within the government’s ability to resolve (if the government can’t accomplish this consistent with law and long overdue, then there isn’t anything the government can accomplish), along with other comments to you for ease of reference:

 

‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that 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 would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago;  and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’

 

 

 

Sincerely,

 

Albert L. Peia

 

 

Who lost Iraq? Obama turned a won war into a miserable failure. (Washington Post) [ I’m truly disappointed with Mr. Krauthammer. That wobama’s tenure as president is a failure across the board is certainly a safe bet; because that’s reality. What do the people of Iraq want? After all, they paid the heftiest price of all in blood and treasure for pervasively corrupt, defacto bankrupt america’s military industrial complex’ welfare program by way of a war replete with war, war crimes based on lies alone. There’s also the war criminal dumbya bush’s ‘sonny corleone’ moment wherein he seeks revenge for some perceived alleged ‘threat’ on poppy bush sr.’s life; albeit, of dubious ability to carry out (stemming from the previous Iraq war wherein sadam hussein was ‘hoodwinked’ by his ‘handlers’ at the cia into thinking (april glaspie’s communiqué) he had a greenlight to invade Kuwait over the alleged, disputed slant drilling into Iraqi oil reserves by Kuwait. Such conflicts with third world nations are great for war profiteers, the military industrial complex generally, and bad for all parties concerned, including the soldiers. That such a nefarious scoundrel as sadam hussein was gone, was of course a welcome event after the fact; yet, one has to wonder if given the choice in advance, opting for the death and destruction accompanying the ouster is certainly not sure thing. Indeed, the brutal air bombings that preceded / followed the illegal invasion left many hundreds if not thousands of children dead, maimed, and orphaned, among other innocent people. Forget not, that prior to the first entrapment, hussein was america’s proxy in the region and, oddly like ghadafi, on a ‘shake hands with the devil basis’ with war criminals as rumsfeld, bush, etc.. Morever, Iraq is plagued by depleted uranium and the deleterious effects therefrom for years to come (remember, it’s only decades at most). I’d say, they hate america … wouldn’t you if in their place? If america had withdrawn immediately after hussein was deposed, that would have been at best, all the victory america could have hoped for. american soldiers have paid a hefty price as well for the occupation, with medical costs alone alone prospectively estimated to exceed $1 trillion, and then the dead. In the last analysis, this debacle was for israeli interests / paranoia, the notion of  ‘greater zion’ in the region, and the enrichment of the relatively ‘few’ war profiteers / military industrial complex. I’m truly surprised that a former Doctor of Psychiatry as Mr. Krauthammer is unable to empathize, and as well, recognize the psychopathic nature of all that surrounded, and still surrounds, defacto bankrupt  america’s unwise ‘misadventurism’ in the middle east. After all, even feral animals are disinclined to such wanton savagery; the exception being, ie., rabid dogs. I do agree that wobama failed; but only because he failed to immediately withdraw as promised in his innumerable campaign (b***s***) speeches / sessions. This would be true even if america were not defacto bankrupt. But we all know that america is hopelessly, insurmountably defacto bankrupt. Americas debt woe is worse than Greeces News (CNN) Our government is utterly broke. There are signs everywhere one looksThe governments total indebtedness is $211 trillion. Where are the likes of leaders, generals, presidents of honor as the great but underrated President General Eisenhower when you need them?  ]

 

 

Nobel Prize-Winning Economist: War Is Widely Thought To Be Linked To Economic Good Times NONSENSE Washingtons Blog | Contrary to a Common Myth, War is Bad for the Economy Washingtons Blog
November 1, 2011

‘Contrary to a Common Myth, War is Bad for the Economy

Nobel prize winning economist Paul Krugman wrote yesterday:

Military spending does create jobs when the economy is depressed. Indeed, much of the evidence that Keynesian economics works comes from tracking the effects of past military buildups.

(Mr. Krugman has said the same thing many times in the past. And many other influential people havesaid the same thing.)

I am not a Nobel prize winning economist but Joseph Stiglitz is.

Stiglitz wrote in 2003:

War is widely thought to be linked to economic good times. The second world war is often said to have brought the world out of depression, and war has since enhanced its reputation as a spur to economic growth. Some even suggest that capitalism needs wars, that without them, recession would always lurk on the horizon.

Today, we know that this is nonsense. The 1990s boom showed that peace is economically far better than war. The Gulf war of 1991 demonstrated that wars can actually be bad for an economy.

Stiglitz has also said that this decades Iraq war has been very bad for the economy. See thisthis andthis.

A No-Brainer

This is a no-brainer, if you think about it.

Weve been in Afghanistan for almost twice as long as World War II. Weve been in Iraq for years longer than WWII. Weve been involved in 7 or 8 wars in the last decade. And yet still in a depression. (And see this).

If wars really helped the economy, dont you think things would have improved by now?

Indeed, the Iraq war alone could end up costing more than World War II. And given the other wars weve been involved in this decade, I believe that the total price tag for the so-called War on Terror will definitely support that of the Greatest War.

Additional Reasons War Is Bad for the Economy

The New Republic noted in 2009:

Conservative Harvard economist Robert Barro has argued that increased military spending during WWII actually depressed other parts of the economy.

Also from the right, Robert Higgs has done good work showing that military spendingwasnt the primary source of the recovery and that GDP growth during WWII has been greatly exaggerated.

And from the left, Larry Summers and Brad Delong argued back in 1988 that five-sixths of the decline in output relative to the trend that occurred during the Depression had been made up before 1942.

Economist James Galbraith has shown that war always causes inflation, which hurts the average American:

Inflation applies the law of the jungle to war finance. Prices and profits rise, wages and their purchasing power fall. Thugs, profiteers and the well connected get rich. Working people and the poor make out as they can. Savings erode, through the unseen mechanism of the inflation tax meaning that the government runs a big deficit in nominal terms, but a smaller one when inflation is factored in.

(Ben Bernanke says that inflation is a tax, and Dylan Grice notes that inflation causes societies to prosecute minorities.   And sorry but we cant inflate our way out of our debt trap.)

As I noted last year:

All of the spending on unnecessary wars adds up.

The U.S. is adding trillions to its debt burden to finance its multiple wars in Iraq, Afghanistan, Yemen, etc.

Two top American economists Carmen Reinhart and Kenneth Rogoff show that the more indebted a country is, with a government debt/GDP ratio of 0.9, and external debt/GDP of 0.6 being critical thresholds, the more GDP growth drops materially.

Specifically, Reinhart and Rogoff write:

The relationship between government debt and real GDP growth is weak for debt/GDP ratios below a threshold of 90 percent of GDP. Above 90 percent, median growth rates fall by one percent, and average growth falls considerably more. We find that the threshold for public debt is similar in advanced and emerging economies

Indeed, it should be obvious to anyone who looks at the issue that deficits do matter.

A PhD economist [Michel Chossudovsky] told me:

War always causes recession. Well, if it is a very short war, then it may stimulate the economy in the short-run. But if there is not a quick victory and it drags on, then wars always put the nation waging war into a recession and hurt its economy.

You know about Americas unemployment problem. You may have even heard that the U.S. may very well have suffered a permanent destruction of jobs.

But did you know that the defense employment sector is booming?

As I pointed out in August, public sector spending and mainly defense spending has accounted for virtually all of the new job creation in the past 10 years:

The U.S. has largely been financing job creation for ten years. Specifically, as the chief economist for BusinessWeek, Michael Mandel, points out, public spending has accounted for virtually all new job creation in the past 10 years:

Private sector job growth was almost non-existent over the past ten years. Take a look at this horrifying chart:

http://www.businessweek.com/the_thread/economicsunbound/archives/longjobs1.gif

Between May 1999 and May 2009, employment in the private sector sector only rose by 1.1%, by far the lowest 10-year increase in the post-depression period.

Its impossible to overstate how bad this is. Basically speaking, the private sector job machine has almost completely stalled over the past ten years. Take a look at this chart:

http://www.businessweek.com/the_thread/economicsunbound/archives/longjobs2.gif

Over the past 10 years, the private sector has generated roughly 1.1 million additional jobs, or about 100K per year. The public sector created about 2.4 million jobs.

But even that gives the private sector too much credit. Remember that the private sector includes health care, social assistance, and education, all areas which receive a lot of government support.

***

Most of the industries which had positive job growth over the past ten years were in the HealthEdGov sector. In fact, financial job growth was nearly nonexistent once we take out the health insurers.

Let me finish with a final chart.

http://www.businessweek.com/the_thread/economicsunbound/archives/longjobs4.gif

Without a decade of growing government support from rising health and education spending and soaring budget deficits, the labor market would have been flat on its back.

Indeed, Former Secretary of Labor Robert Reich lamented last year

Americas biggest and only major jobs program is the U.S. military.

Back to my essay:

Raw Story argues that the U.S. is building a largely military economy:

The use of the military-industrial complex as a quick, if dubious, way of jump-starting the economy is nothing new, but what is amazing is the divergence between the military economy and the civilian economy, as shown by this New York Times chart.

In the past nine years, non-industrial production in the US has declined by some 19 percent. It took about four years for manufacturing to return to levels seen before the 2001 recession and all those gains were wiped out in the current recession.

By contrast, military manufacturing is now 123 percent greater than it was in 2000 it has more than doubled while the rest of the manufacturing sector has been shrinking

Its important to note the trajectory the military economy is nearly three times as large, proportionally to the rest of the economy, as it was at the beginning of the Bush administration. And it is the only manufacturing sector showing any growth. Extrapolate that trend, and what do you get?

The change in leadership in Washington does not appear to be abating that trend[121]

So most of the job creation has been by the public sector. But because the job creation has been financed with loans from China and private banks, trillions in unnecessary interest charges have been incurred by the U.S.And this shows military versus non-military durable goods shipments:

http://marketoracle.co.uk/images/2010/Jan/us-collapse-18-11.gif

[Click here to view full image.]

So were running up our debt (which will eventually decrease economic growth), but the only jobs were creating are military and other public sector jobs.

PhD economist Dean Baker points out that Americas massive military spending on unnecessary and unpopular wars lowers economic growth and increasesunemployment:

Defense spending means that the government is pulling away resources from the uses determined by the market and instead using them to buy weapons and supplies and to pay for soldiers and other military personnel. In standard economic models, defense spending is a direct drain on the economy, reducing efficiency, slowing growth and costing jobs.

A few years ago, the Center for Economic and Policy Research commissioned Global Insight, one of the leading economic modeling firms, to project the impact of a sustained increase in defense spending equal to 1.0 percentage point of GDP. This was roughly equal to the cost of the Iraq War.

Global Insights model projected that after 20 years the economy would be about 0.6 percentage points smaller as a result of the additional defense spending. Slower growth would imply a loss of almost 700,000 jobs compared to a situation in which defense spending had not been increased. Construction and manufacturing were especially big job losers in the projections, losing 210,000 and 90,000 jobs, respectively.

The scenario we asked Global Insight [recognized as the most consistentlyaccurate forecasting company in the world] to model turned out to have vastly underestimated the increase in defense spending associated with current policy. In the most recent quarter, defense spending was equal to 5.6 percent of GDP. By comparison, before the September 11th attacks, the Congressional Budget Office projected that defense spending in 2009 would be equal to just 2.4 percent of GDP. Our post-September 11th build-up was equal to 3.2 percentage points of GDP compared to the pre-attack baseline. This means that the Global Insight projections of job loss are far too low

The projected job loss from this increase in defense spending would be close to 2 million. In other words, the standard economic models that project job loss from efforts to stem global warming also project that the increase in defense spending since 2000 will cost the economy close to 2 million jobs in the long run.

The Political Economy Research Institute at the University of Massachusetts, Amherst has also shown that non-military spending creates more jobs than military spending.

So were running up our debt which will eventually decrease economic growth and creating many fewer jobs than if we spent the money on non-military purposes.

As I wrote last year:

It is ironic that Americas huge military spending is what made us an empire but our huge military is what is bankrupting us thus destroying our status as an empire.

Even Admiral Mullen seems to agree:

The Pentagon needs to cut back on spending.

Were going to have to do that if its going to survive at all, Mullen said, and do it in a way that is predictable.

Indeed, Mullen said:

For industry and adequate defense funding to survive the two must work together. Otherwise, he added, this wave of debt will carry over from year to year, and eventually, the defense budget will be cut just to facilitate the debt.

Former Secretary of Defense Robert Gates agrees as well. As David Ignatius wrote in the Washington Post in May:

After a decade of war and financial crisis, America has run up debts that pose a national security problem, not just an economic one.

***

One of the strongest voices arguing for fiscal responsibility as a national security issue has been Defense Secretary Bob Gates. He gave a landmark speech in Kansas on May 8, invoking President Dwight Eisenhowers warnings about the dangers of an imbalanced military-industrial state.

Eisenhower was wary of seeing his beloved republic turn into a muscle-bound, garrison state militarily strong, but economically stagnant and strategically insolvent, Gates said. He warned that America was in a parlous fiscal condition and that the gusher of military spending that followed Sept. 11, 2001, must be capped. We cant have a strong military if we have a weak economy, Gates told reporters who covered the Kansas speech.

On Thursday the defense secretary reiterated his pitch that Congress must stop shoveling money at the military, telling Pentagon reporters: The defense budget process should no longer be characterized by business as usual within this building or outside of it.

While some might want to start another war, Americas top military leaders and economists say that would be a very bad idea.

Indeed, military strategists have known for 2,500 years that prolonged wars are disastrous.

Note 1: Security experts conservative hawks and liberal doves alike agree that waging war in the Middle East weakens national security and increases terrorism. See thisthisthisthisthisthis and this.

Terrorism in turn terrorism is bad for the economy.  Specifically, a study by Harvard and the National Bureau of Economic Research (NBER) points out:

From an economic standpoint, terrorism has been described to have four main effects (see, e.g., US Congress, Joint Economic Committee, 2002). First, the capital stock (human and physical) of a country is reduced as a result of terrorist attacks. Second, the terrorist threat induces higher levels of uncertainty. Third, terrorism promotes increases in counter-terrorism expenditures, drawing resources from productive sectors for use in security. Fourth, terrorism is known to affect negatively specific industries such as tourism.

The Harvard/NBER concludes:

In accordance with the predictions of the model, higher levels of terrorist risks are associated with lower levels of net foreign direct investment positions, even after controlling for other types of country risks. On average, a standard deviation increase in the terrorist risk is associated with a fall in the net foreign direct investment position of about 5 percent of GDP.

So the more unnecessary wars American launches and the more innocent civilians we kill, the less foreign investment in America, the more destruction to our capital stock, the higher the level of uncertainty, the more counter-terrorism expenditures and the less expenditures in more productive sectors, and the greater the hit to tourism and some other industries.

Moreover:

Terrorism has contributed to a decline in the global economy (for example, European Commission, 2001).

So military adventurism increases terrorism which hurts the world economy. And see this.

Note 2: True conservatives are anti-war.’



http://www.albertpeia.com/todayspage.htm  
http://albertpeia.com/fbimartinezcongallard.htm  

 

 

 

Dear Congresswoman Roybal-Allard:

 

Thank you once again for the courtesy extended to me in apprising me of and seeking my input concerning the post office closings. Yet, as previously set forth in response to your query, I’m for any and all cuts in service / facilities of the usps in light of my experience with the usps including the unreliability of same. UPS is reliable and well managed and to see them takeover the usps would be a welcome development since the usps is unreliable and poorly managed as set forth previously, infra. I include previous responses for ease of reference. As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that 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 would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago;  and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference.

 

 

Thank You Again.

 

Sincerely,

 

Albert L. Peia

 

 

Post script: In pertinent part (correspondence to FBI ADIC Martinez )regarding two sets of disks waylaid by usps once with delivery confirmation priority mail, and the second priority certified mail: ‘ *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. (Ultimately delivered by UPS) ‘

 

 

 

10-13-11

 

Dear Congresswoman Roybal-Allard:

 

Thank you once again for thinking of me. That I like you should be obvious inasmuch as I would ignore you or would tell you so if I didn’t. I am totally apolitical as a matter of comity on facebook where while posting my website for exposure was ‘tagged’ by friends from high school I’ve known for in excess of 45 years; despite the fact that facebook (the company itself) appears to be politically ‘pro-wobama’. Youtube of nsa’s google fame censors and I don’t use youtube therefore. Yet, make no mistake; ultimately, for me, results count, even if they don’t in Washington and elsewhere throughout the nation, lamentably such as it is. As previously noted infra in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago;  and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference.

 

Sincerely,

 

Al Peia

 

 

 

9-29-11

Dear Congresswoman Roybal-Allard:

 

The following is my response to your email as well as previous responses, comments including my prior comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein and hereinafter:

 

What do you think of the American Jobs Act?

Hide Details

FROM:

TO:

·         albert_peia@yahoo.com

Message flagged

Thursday, September 29, 2011 11:33 AM

 

 

Drudgereport: Obama Economists Admit: 'Stimulus' Cost $278,000 per Job...
$200K Per Job? Geithner Says White House Plan Still Bargain … [ Riiiiight! .. In what alternate reality beyond political desperation mode? ] ...

 

Quite simply, at those prices, while somewhat short-term politically expedient, very uneconomic! Don’t forget: America's debt woe is worse than Greece's Sep 21st, 2011 News (CNN) - 'Our government is utterly broke. There are signs everywhere one looks…The government's total indebtedness - its fiscal gap - now stands at $211 trillion' 8 More Reasons Why You Should Be Deeply Concerned That The U.S. Government Has Lost Its AAA Credit Rating The Economic Collapse '. #8 The U.S. national debt continues to get worse by the day. Just check out what economics professor Laurence J. Kotlikoff recently told NPR .."If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That's the fiscal gap" ..' ! ]

 




Details of Obama’s jobs plan emerge President is thinking about proposing tax cuts for companies that hire workers, new spending for roads and construction, and other measures that target the long-term unemployed, administration officials say. (Washington Post) [  Oh come on! Too little, too late for ‘wobama the b’ (for b***s***), the eternal campaign(er) … he’s got a ‘good rap’ … that rapper ‘wobama the b’ (for b***s***).  Really! He’s a total embarrassment out there on the campaign trail; and just as much an embarrassment for those who turn out to see him … maybe he’s somewhat of an allure as in a freak show. He’s a total joke! To be finally talking jobs and things just before the election having broken previous campaign promises in his failed role as ‘bush failure 3’. Even his pension is undeserved so much a fraud is he! Black caucus: Tired of making excuses for Obama [ They are not alone! ] Washington Examiner | A key member of the Congressional Black Caucus says they don’t pressure President Obama because he is loved by black voters.  Obama ‘Takes More Vacations Than Any Human Being I’ve Ever Seen’ Fox News | “Here we have a country that really is going to hell in a handbasket.” Bus Tour Bust: Obama’s Approval Plummets Back Into 30s, Says Gallup CNS News | Obama’s politically charged but taxpayer funded bus tour through the Midwest turned into a bust yesterday. Disapproval of Congress Hits All Time High of 84% Paul Joseph Watson | Americans are more upset with political leadership than ever before.

Drudgereport: BLACK CAUCUS ON OBAMA: 'WE'RE GETTING TIRED' [ Not as tired of wobama’s b***s*** / excuses as the ‘White Caucus’ and any other Caucus – but, don’t be taken in by their b***s***; they’ll ‘back the black’ every time, regardless!  ] New low of 26% approve of Obama on economy...
Inflation builds...
FOOD PRICES RISING...
UNEMPLOYMENT UP...
OBAMA TO LAY OUT JOBS PLAN -- AFTER VACATION...
'Takes More Vacations Than Any Human Being I've Ever Seen'...
Commiserates with jobless, then off to the Vineyard...

 

Even that italian, belafonte, isn’t buying ‘wobama brand(ed)’:

 

Drudgereport: HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...

Obama takes debt battle to TWITTER, loses more than 33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...      

Most importantly, realize that if wobama’s actions had not belied his words/campaign promises, the nation’s position, though still ominous, would have been substantially improved.

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        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.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

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    

 

 

 ------------

 

From: Rep. Lucille Roybal-Allard
To: albert_peia@yahoo.com
Sent: Wednesday, September 28, 2011 11:01 AM
Subject: Responding to your message


Dear Mr. Peia:

Thank you for contacting me about the US Postal Service's (USPS) proposals to reduce costs in the face of ongoing budget deficits. I appreciate hearing your thoughts on this important issue…’

 

                  -----

 

Thank you very much for your response. This is an unattended mailbox. To send a reply to Congresswoman Roybal-Allard, please visit http://roybal-allard.house.gov/Contact/.

-----Original Message-----
From: "albert peia"
Sent: 9/28/2011 10:48:27 PM
To: "CA34HIMA"
Cc:
Subject: Re: Responding to your message

9-28-11

Dear Congresswoman Roybal-Allard:

It is always somewhat reassuring that someone, like yourself in Washington, is committed to finding solutions to the myriad of problems confronting the nation; some insurmountable [ America's debt woe is worse than Greece's Sep 21st, 2011 News (CNN) - 'Our government is utterly broke. There are signs everywhere one looks. The government's total indebtedness - its fiscal gap - now stands at $211 trillion' 8 More Reasons Why You Should Be Deeply Concerned That The U.S. Government Has Lost Its AAA Credit Rating The Economic Collapse '. #8 The U.S. national debt continues to get worse by the day. Just check out what economics professor Laurence J. Kotlikoff recently told NPR .."If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That's the fiscal gap" ..' ! , Soros: US Is Already in Double-Dip Recession CNBC.com , the unprosecuted frauds on wall street . Dave's Daily:'.. The HAL 9000s have been doing business as HFTs (High Frequency Traders) launching many buy or sell programs using complex algorithms which can drive prices on indexes higher or lower in dramatic fashion. One of their great acts is called "quote stuffing". It's another illegal activity which the SEC hasn't quite figured out. It's as futile for them as the illegal fee-driven recent end-of-quarter price jam-job..' End of Quarter Price Mark-Ups; Dave's Daily http://www.thestreet.com/story/11260606/1/end-of-quarter-price-mark-ups-daves-daily.html Dave Fry 9-27-11 'All you need do is view the last week of June 2011, the previous quarter end, and you'll note a similar quarter end jam-job.' , Roubini: U.S. in Throes of Economic Contraction Sep 27th, 2011 News (Bloomberg) , SHILLER: House Prices Probably Won't Hit Bottom For Years Sep 27th, 2011 News (BusinessInsider) , etc. ] , confronting the nation. Yet it's somewhat difficult to imagine that pension plans, particularly of the defined benefit variety as opposed to the more fiscally conservative defined contribution type, anywhere in america are over-funded in light of overly optimistic 'assumptions' for returns on said funds (ie., Drudgereport: STUDY: State, local gov'ts must raise taxes $1,400 a year for 30 years to fund pensions...
Chicago county faces $108 billion gap in pensions....
TREASURY RAIDS PENSIONS...
Treasury to tap pensions to fund government (Washington Post) ].

On September 22, 2011 I spoke with FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and with whom I had discussed the matters of which you are aware; and which matters are well within Washington's ability to easily resolve what should have been resolved in accordance with clear law quite some time ago. It is difficult to imagine the u.s. government solving the gargantuan, nation-destructive problems confronting the nation when through typical corruption, meaningful lawlessness, lack of will, etc., have chosen not to solve my matter as related to you in accordance with clear law and which would clearly be the right thing to do at long last.
Previously I wrote to thank you for thinking of me and for the courtesy extended. However, in all honesty, with rare exceptions (ie., maybe 'post-cards'?, etc.), I don't use the usps that I've found so unreliable. The following is my comment to an LA Times article regarding a Justice Department cover-up and as pertains to the usps! As I've previously related to you, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:

U.S. Postal Service nearing bankruptcy as email asserts its dominance [Good! Let UPS take them over . the usps is totally unreliable]

Drudgereport: BROKE: POST OFFICE SYSTEM MAY SHUT DOWN ENTIRELY THIS WINTER... [Good! Let UPS take them over . the usps is totally unreliable]
Postal Service warns it could default.[ No surprise here .. the usps is totally unreliable! ] ...
Post Office proposes cutting 120,000 jobs, pulling out of healthcare plan .[ Let UPS take over the usps! ]...



Unions angry over Postal Service cuts They said any move to break labor contracts to lay off 120,000 would hurt the already ailing movement. (Washington Post) [ I reiterate my call for the well managed, efficient, and reliable company, UPS to take over the operation of the poorly managed, inefficient, and unreliable USPS. Postal Service seekin! g 20 percent staff cut EXCLUSIVE | In cost-cutting bid, USPS also proposes withdrawing employees from existing health and retirement plans and creating its own benefit programs. Congress would need to sign off. (Washington Post) [ I think it's a great idea. Indeed, 50% would be substantially better. Even better yet, UPS should take over their entire operation. After all, UPS is well managed and efficient; and also, very reliable. On the other hand, the USPS is poorly managed, inefficient, and very unreliable:
October 15, 2010 (*see infra {ultimately delivered by UPS})
----------

*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 c! ould 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. (Ultimately delivered by UPS) ]



The following includes the context relating to the foregoing:




Report: DOJ investigating S&P's mortgage securities ratings Associated Press The Justice Department is investigating whether the agency improperly rated dozens of mortgage securities in the years leading up to the financial crisis. (Washington Post) [ There you go . the retaliation . the long awaited payback (quid pro quo -th! e no pros- witheld) for long overdue pervasively corrupt, defacto bankrupt u.s. downgrade. They should be investigating themselves, the SEC ( SEC destroyed documents, senator says ), among numerous other fraudulent, illegal schemes, activities. SHARE YOUR OPINION ON THE DEBT LIMIT
Dear Congresswoman Roybal-Allard:
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
ATF Chief Melson:Justice Department trying to shield officials (LATimes) Serrano

I believe him!

I truly empathize with the ATF in terms of government cover-ups, notably by even the DOJ. You'll recognize some familiar names (ie., Alito, Trump, Freeh (Louis Freeh now has dual citizenship with Italy), and some familiar crimes (ie., drug money laundering, etc. - real cash cow for gov't ops, bribes, etc.). [Did you know this about the following ATF Agents who were probably viewed as loose ends: Steve Willis, Robert Williams, Todd McKeahan & Conway LeBleu: Died February 28, 1993 by gunfire at Waco. All four were examined by a pathologist and died from identical wounds to the left temple. All four had been body guards for Bill Clinton, three while campaigning for President and when he was Governor of Arkansas.They also were the ONLY 4 BATF agents killed at Waco. ]



Here's some! real, complicit cover-up / fraud on the part of the federal government, et als:

October 15, 2010 (*see infra {ultimately delivered by UPS})


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 at! torney fees, as an incentive for private prosecution of said claims pr obably 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).


Th! e 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 meetin! g and his location was not disclosed to me upon inquiry). The matter w as 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 o! f Connecticut, who denied Coan's requested relief as to Coan but precl uded 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 - http://albertpeia/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 ins! urance / 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).{recent change 323-786-6651 -magic jack}


----------

*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 w! ith 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. (Ultimately delivered by UPS) ]


http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf  http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm  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. America Is a Failed State Because It Won't Prosecute Financial Crime Washington's Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
CRIME STATS(u.s.No.1)
RankCountriesAmount
# 1United States :11,877,218
# 2United Kingdom :6,523,706
# 3Germany :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


http://www.albertpeia.com

http://www.albertpeia.com/todayspage.htm

http://albertpeia.com/fbimartinezcongallard.htm

Sincerely and Regards,

Al Peia

Thank you for sending me your email

 

9-29-11

Dear Congresswoman Roybal-Allard:

 

The following is my response to your email as well as previous responses, comments including my prior comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein and hereinafter:

 

What do you think of the American Jobs Act?

Hide Details

FROM:

TO:

·         albert_peia@yahoo.com

Message flagged

Thursday, September 29, 2011 11:33 AM

 

 

Drudgereport: Obama Economists Admit: 'Stimulus' Cost $278,000 per Job...
$200K Per Job? Geithner Says White House Plan Still Bargain … [ Riiiiight! .. In what alternate reality beyond political desperation mode? ] ...

 

Quite simply, at those prices, while somewhat short-term politically expedient, very uneconomic! Don’t forget: America's debt woe is worse than Greece's Sep 21st, 2011 News (CNN) - 'Our government is utterly broke. There are signs everywhere one looks…The government's total indebtedness - its fiscal gap - now stands at $211 trillion' 8 More Reasons Why You Should Be Deeply Concerned That The U.S. Government Has Lost Its AAA Credit Rating The Economic Collapse '. #8 The U.S. national debt continues to get worse by the day. Just check out what economics professor Laurence J. Kotlikoff recently told NPR .."If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That's the fiscal gap" ..' ! ]


Details of Obama’s jobs plan emerge President is thinking about proposing tax cuts for companies that hire workers, new spending for roads and construction, and other measures that target the long-term unemployed, administration officials say. (Washington Post) [  Oh come on! Too little, too late for ‘wobama the b’ (for b***s***), the eternal campaign(er) … he’s got a ‘good rap’ … that rapper ‘wobama the b’ (for b***s***).  Really! He’s a total embarrassment out there on the campaign trail; and just as much an embarrassment for those who turn out to see him … maybe he’s somewhat of an allure as in a freak show. He’s a total joke! To be finally talking jobs and things just before the election having broken previous campaign promises in his failed role as ‘bush failure 3’. Even his pension is undeserved so much a fraud is he! Black caucus: Tired of making excuses for Obama [ They are not alone! ] Washington Examiner | A key member of the Congressional Black Caucus says they don’t pressure President Obama because he is loved by black voters.  Obama ‘Takes More Vacations Than Any Human Being I’ve Ever Seen’ Fox News | “Here we have a country that really is going to hell in a handbasket.” Bus Tour Bust: Obama’s Approval Plummets Back Into 30s, Says Gallup CNS News | Obama’s politically charged but taxpayer funded bus tour through the Midwest turned into a bust yesterday. Disapproval of Congress Hits All Time High of 84% Paul Joseph Watson | Americans are more upset with political leadership than ever before.

Drudgereport: BLACK CAUCUS ON OBAMA: 'WE'RE GETTING TIRED' [ Not as tired of wobama’s b***s*** / excuses as the ‘White Caucus’ and any other Caucus – but, don’t be taken in by their b***s***; they’ll ‘back the black’ every time, regardless!  ] New low of 26% approve of Obama on economy...
Inflation builds...
FOOD PRICES RISING...
UNEMPLOYMENT UP...
OBAMA TO LAY OUT JOBS PLAN -- AFTER VACATION...
'Takes More Vacations Than Any Human Being I've Ever Seen'...
Commiserates with jobless, then off to the Vineyard...

 

Even that italian, belafonte, isn’t buying ‘wobama brand(ed)’:

 

Drudgereport: HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...

Obama takes debt battle to TWITTER, loses more than 33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...      

Most importantly, realize that if wobama’s actions had not belied his words/campaign promises, the nation’s position, though still ominous, would have been substantially improved.

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        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.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

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    

 

 

 

 ------------

 

From: Rep. Lucille Roybal-Allard
To: albert_peia@yahoo.com
Sent: Wednesday, September 28, 2011 11:01 AM
Subject: Responding to your message


Dear Mr. Peia:

Thank you for contacting me about the US Postal Service's (USPS) proposals to reduce costs in the face of ongoing budget deficits. I appreciate hearing your thoughts on this important issue…’

 

                  -----

 

Thank you very much for your response. This is an unattended mailbox. To send a reply to Congresswoman Roybal-Allard, please visit http://roybal-allard.house.gov/Contact/.

-----Original Message-----
From: "albert peia"
Sent: 9/28/2011 10:48:27 PM
To: "CA34HIMA"
Cc:
Subject: Re: Responding to your message

9-28-11

Dear Congresswoman Roybal-Allard:

It is always somewhat reassuring that someone, like yourself in Washington, is committed to finding solutions to the myriad of problems confronting the nation; some insurmountable [ America's debt woe is worse than Greece's Sep 21st, 2011 News (CNN) - 'Our government is utterly broke. There are signs everywhere one looks. The government's total indebtedness - its fiscal gap - now stands at $211 trillion' 8 More Reasons Why You Should Be Deeply Concerned That The U.S. Government Has Lost Its AAA Credit Rating The Economic Collapse '. #8 The U.S. national debt continues to get worse by the day. Just check out what economics professor Laurence J. Kotlikoff recently told NPR .."If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That's the fiscal gap" ..' ! , Soros: US Is Already in Double-Dip Recession CNBC.com , the unprosecuted frauds on wall street . Dave's Daily:'.. The HAL 9000s have been doing business as HFTs (High Frequency Traders) launching many buy or sell programs using complex algorithms which can drive prices on indexes higher or lower in dramatic fashion. One of their great acts is called "quote stuffing". It's another illegal activity which the SEC hasn't quite figured out. It's as futile for them as the illegal fee-driven recent end-of-quarter price jam-job..' End of Quarter Price Mark-Ups; Dave's Daily http://www.thestreet.com/story/11260606/1/end-of-quarter-price-mark-ups-daves-daily.html Dave Fry 9-27-11 'All you need do is view the last week of June 2011, the previous quarter end, and you'll note a similar quarter end jam-job.' , Roubini: U.S. in Throes of Economic Contraction Sep 27th, 2011 News (Bloomberg) , SHILLER: House Prices Probably Won't Hit Bottom For Years Sep 27th, 2011 News (BusinessInsider) , etc. ] , confronting the nation. Yet it's somewhat difficult to imagine that pension plans, particularly of the defined benefit variety as opposed to the more fiscally conservative defined contribution type, anywhere in america are over-funded in light of overly optimistic 'assumptions' for returns on said funds (ie., Drudgereport: STUDY: State, local gov'ts must raise taxes $1,400 a year for 30 years to fund pensions...
Chicago county faces $108 billion gap in pensions....
TREASURY RAIDS PENSIONS...
Treasury to tap pensions to fund government (Washington Post) ].

On September 22, 2011 I spoke with FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and with whom I had discussed the matters of which you are aware; and which matters are well within Washington's ability to easily resolve what should have been resolved in accordance with clear law quite some time ago. It is difficult to imagine the u.s. government solving the gargantuan, nation-destructive problems confronting the nation when through typical corruption, meaningful lawlessness, lack of will, etc., have chosen not to solve my matter as related to you in accordance with clear law and which would clearly be the right thing to do at long last.
Previously I wrote to thank you for thinking of me and for the courtesy extended. However, in all honesty, with rare exceptions (ie., maybe 'post-cards'?, etc.), I don't use the usps that I've found so unreliable. The following is my comment to an LA Times article regarding a Justice Department cover-up and as pertains to the usps! As I've previously related to you, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:

U.S. Postal Service nearing bankruptcy as email asserts its dominance [Good! Let UPS take them over . the usps is totally unreliable]

Drudgereport: BROKE: POST OFFICE SYSTEM MAY SHUT DOWN ENTIRELY THIS WINTER... [Good! Let UPS take them over . the usps is totally unreliable]
Postal Service warns it could default.[ No surprise here .. the usps is totally unreliable! ] ...
Post Office proposes cutting 120,000 jobs, pulling out of healthcare plan .[ Let UPS take over the usps! ]...



Unions angry over Postal Service cuts They said any move to break labor contracts to lay off 120,000 would hurt the already ailing movement. (Washington Post) [ I reiterate my call for the well managed, efficient, and reliable company, UPS to take over the operation of the poorly managed, inefficient, and unreliable USPS. Postal Service seekin! g 20 percent staff cut EXCLUSIVE | In cost-cutting bid, USPS also proposes withdrawing employees from existing health and retirement plans and creating its own benefit programs. Congress would need to sign off. (Washington Post) [ I think it's a great idea. Indeed, 50% would be substantially better. Even better yet, UPS should take over their entire operation. After all, UPS is well managed and efficient; and also, very reliable. On the other hand, the USPS is poorly managed, inefficient, and very unreliable:
October 15, 2010 (*see infra {ultimately delivered by UPS})
----------

*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 c! ould not locate same). This cover letter (9-13-10) is on the 3 disks w ith 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. (Ultimately delivered by UPS) ]


The following includes the context relating to the foregoing:


Report: DOJ investigating S&P's mortgage securities ratings Associated Press The Justice Department is investigating whether the agency improperly rated dozens of mortgage securities in the years leading up to the financial crisis. (Washington Post) [ There you go . the retaliation . the long awaited payback (quid pro quo -th! e no pros- witheld) for long overdue pervasively corrupt, defacto bankrupt u.s. downgrade. They should be investigating themselves, the SEC ( SEC destroyed documents, senator says ), among numerous other fraudulent, illegal schemes, activities. SHARE YOUR OPINION ON THE DEBT LIMIT
Dear Congresswoman Roybal-Allard:
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
ATF Chief Melson:Justice Department trying to shield officials (LATimes) Serrano

I believe him!

I truly empathize with the ATF in terms of government cover-ups, notably by even the DOJ. You'll recognize some familiar names (ie., Alito, Trump, Freeh (Louis Freeh now has dual citizenship with Italy), and some familiar crimes (ie., drug money laundering, etc. - real cash cow for gov't ops, bribes, etc.). [Did you know this about the following ATF Agents who were probably viewed as loose ends: Steve Willis, Robert Williams, Todd McKeahan & Conway LeBleu: Died February 28, 1993 by gunfire at Waco. All four were examined by a pathologist and died from identical wounds to the left temple. All four had been body guards for Bill Clinton, three while campaigning for President and when he was Governor of Arkansas.They also were the ONLY 4 BATF agents killed at Waco. ]



Here's some! real, complicit cover-up / fraud on the part of the federal government, et als:

October 15, 2010 (*see infra {ultimately delivered by UPS})


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 at! torney fees, as an incentive for private prosecution of said claims pr obably 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).


Th! e 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 meetin! g and his location was not disclosed to me upon inquiry). The matter w as 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 o! f Connecticut, who denied Coan's requested relief as to Coan but precl uded 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 - http://albertpeia/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 B! each, 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 ins! urance / 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).{recent change 323-786-6651 -magic jack}


----------

*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 w! ith navigable hyperlinks to the subject files for ease of reference, i ncluding 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. (Ultimately delivered by UPS) ]


http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm 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. America Is a Failed State Because It Won't Prosecute Financial Crime Washington's Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
CRIME STATS(u.s.No.1)
RankCountriesAmount
# 1United States :11,877,218
# 2United Kingdom :6,523,706
# 3Germany :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


http://www.albertpeia.com

http://www.albertpeia.com/todayspage.htm

http://albertpeia.com/fbimartinezcongallard.htm

Sincerely and Regards,

Al Peia

 

Thank you for sending me your email.

 

 

                                                                                                                                                                                       9-28-11

Dear Congresswoman Roybal-Allard:

It is always somewhat reassuring that someone, like yourself in Washington, is committed to finding solutions to the myriad of problems confronting the nation; some insurmountable [ America’s debt woe is worse than Greece’s Sep 21st, 2011 News (CNN) — ‘Our government is utterly broke. There are signs everywhere one looks… The government’s total indebtedness — its fiscal gap — now stands at $211 trillion’  8 More Reasons Why You Should Be Deeply Concerned That The U.S. Government Has Lost Its AAA Credit Rating The Economic Collapse ‘…  #8 The U.S. national debt continues to get worse by the day.  Just check out what economics professor Laurence J. Kotlikoff recently told NPR….“If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That’s the fiscal gap” ..’   ,    Soros: US Is Already in Double-Dip Recession CNBC.com  , the unprosecuted frauds on wall street …  Dave’s Daily:’.. The HAL 9000s have been doing business as HFTs (High Frequency Traders) launching many buy or sell programs using complex algorithms which can drive prices on indexes higher or lower in dramatic fashion. One of their great acts is called "quote stuffing". It's another illegal activity which the SEC hasn't quite figured out. It's as futile for them as the illegal fee-driven recent end-of-quarter price jam-job..’ End of Quarter Price Mark-Ups; Dave’s Daily   http://www.thestreet.com/story/11260606/1/end-of-quarter-price-mark-ups-daves-daily.html  Dave Fry  9-27-11 ‘All you need do is view the last week of June 2011, the previous quarter end, and you'll note a similar quarter end jam-job…’  , Roubini: U.S. in Throes of Economic Contraction Sep 27th, 2011 News (Bloomberg) , SHILLER: House Prices Probably Won’t Hit Bottom For Years Sep 27th, 2011  News (BusinessInsider) , etc. ] , confronting the nation. Yet it’s somewhat difficult to imagine that pension plans, particularly of the defined benefit variety as opposed to the more fiscally conservative defined contribution type, anywhere in america are over-funded in light of overly optimistic ‘assumptions’ for returns on said funds (ie., Drudgereport: STUDY: State, local gov'ts must raise taxes $1,400 a year for 30 years to fund pensions...
Chicago county faces $108 billion gap in pensions....
TREASURY RAIDS PENSIONS...
Treasury to tap pensions to fund government (Washington Post) ]. 

On September 22, 2011 I spoke with FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and with whom I had discussed the matters of which you are aware; and which matters are well within Washington’s ability to easily resolve what should have been resolved in accordance with clear law quite some time ago. It is difficult to imagine the u.s. government solving the gargantuan, nation-destructive problems confronting the nation when through typical corruption, meaningful lawlessness, lack of will, etc., have chosen not to solve my matter as related to you in accordance with clear law and which would clearly be the right thing to do at long last.  

Previously I wrote to thank you for thinking of me and for the courtesy extended. However, in all honesty, with rare exceptions (ie., maybe ‘post-cards’?, etc.), I don’t use the usps that I’ve found so unreliable. The following is my comment to an LA Times article regarding a Justice Department cover-up and as pertains to the usps! As I’ve previously related to you, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:

 

U.S. Postal Service nearing bankruptcy as email asserts its dominance [Good! Let UPS take them over … the usps is totally unreliable]

Drudgereport: BROKE: POST OFFICE SYSTEM MAY SHUT DOWN ENTIRELY THIS WINTER... [Good! Let UPS take them over … the usps is totally unreliable]
Postal Service warns it could default…[ No surprise here .. the usps is totally unreliable! ] ...
Post Office proposes cutting 120,000 jobs, pulling out of healthcare plan …[ Let UPS take over the usps! ]...


Unions angry over Postal Service cuts They said any move to break labor contracts to lay off 120,000 would hurt the already ailing movement. (Washington Post) [ I reiterate my call for the well managed, efficient, and reliable company, UPS to take over the operation of the poorly managed, inefficient, and unreliable USPS. Postal Service seeking 20 percent staff cut EXCLUSIVE | In cost-cutting bid, USPS also proposes withdrawing employees from existing health and retirement plans and creating its own benefit programs. Congress would need to sign off. (Washington Post) [ I think it’s a great idea. Indeed, 50% would be substantially better. Even better yet, UPS should take over their entire operation. After all, UPS is well managed and efficient; and also, very reliable. On the other hand, the USPS is poorly managed, inefficient, and very unreliable: 
October 15, 2010 (*see infra {ultimately delivered by UPS})

                       ----------

 

*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. (Ultimately delivered by UPS) ]

 

 

The following includes the context relating to the foregoing:

Report: DOJ investigating S&P's mortgage securities ratings Associated Press The Justice Department is investigating whether the agency improperly rated dozens of mortgage securities in the years leading up to the financial crisis. (Washington Post) [ There you go … the retaliation … the long awaited payback (quid pro quo -the no pros- witheld) for long overdue pervasively corrupt, defacto bankrupt u.s. downgrade. They should be investigating themselves, the SEC ( SEC destroyed documents, senator says ), among numerous other fraudulent, illegal schemes, activities.  SHARE YOUR OPINION ON THE DEBT LIMIT
Dear Congresswoman Roybal-Allard:

The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:

ATF Chief Melson:Justice Department trying to shield officials (LATimes) Serrano

 

I believe him!

 I truly empathize with the ATF in terms of government cover-ups, notably by even the DOJ. You’ll recognize some familiar names (ie., Alito, Trump, Freeh (Louis Freeh now has dual citizenship with Italy), and some familiar crimes (ie., drug money laundering, etc. – real cash cow for gov’t ops, bribes, etc.). [Did you know this about the following ATF Agents who were probably viewed as loose ends: Steve Willis, Robert Williams, Todd McKeahan & Conway LeBleu:   Died February 28, 1993 by gunfire at Waco. All four were examined by a pathologist and died from identical wounds to the left temple. All four had been body guards for Bill Clinton, three while campaigning for President and when he was Governor of Arkansas.They also were the ONLY 4 BATF agents killed at Waco. ]

 

 

 

Here’s some real, complicit cover-up / fraud on the part of the federal government, et als:

 

October 15, 2010 (*see infra {ultimately delivered by UPS})

 

 

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,

 

 

 

 

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).{recent change 323-786-6651 -magic jack}

 

 

                       ----------

 

*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. (Ultimately delivered by UPS) ]

 

 

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        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.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

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    

 


http://www.albertpeia.com 

 

http://www.albertpeia.com/todayspage.htm  


http://albertpeia.com/fbimartinezcongallard.htm  

 

Sincerely and Regards,

 

Al Peia

 

 

Thank you for sending me your email.(10-21-11)

 

 

http://www.albertpeia.com/todayspage.htm  
http://albertpeia.com/fbimartinezcongallard.htm  

 

 

 

Krauthammer: Why Abbas went to the U.N. (Washington Post) [ Maybe Mr. Krauthammer should just ask him why Im sure hed get an earful of sound reasons. Then again, maybe Mr. Krauthammer might not be listening; after all, as a jewish man himself, hed certainly find himself within the exceedingly small minority of jewish people who would (listen certainly not the israeli lobby nor capital hill which the perspicacious Pat Buchanan has correctly observed as being occupied israeli territory). Yet, somewhere along Mr. Krauthammers timeline / history he conveniently but not surprisingly forgets what was already decided, yet never lived up to. After all (once again), if military-oriented warring states as israel are through aggression permitted to retain by superior military power the benefits of war, there would be no end to war; as in israels case, it would always pay to go to war. No one could rationally support such an irrational and untenable position. Hence: UN Resolutions 242 and 338  http://reut-institute.org/Publication.aspx?PublicationId=541  (I used the Reut Institute, an israeli organization, reference so as to preclude any accusation of anti-israeli bias).  This term refers to UN Security Council Resolutions that lay the foundation for the Israeli-Palestinian political process, based on territorial compromise and a solution to the problem of Palestinian refugees.

Definition

The term UN Resolutions 242 and 338 refers to two resolutions approved by the UN Security Council. Resolution 242 was approved after the 1967 war (11/67) while Resolution 338 was approved during the 1973 war (10/73).

Background

UN Resolutions 242 and 338 call for the peaceful resolution of the Arab-Israeli conflict through territorial compromise. The acceptance of the Resolutions by Arab elements indicates their recognition of Israel.

The political process between Israel and the Arabs - including the 1978 Camp David Accords between Israel and Egypt (9/78), the Israel-Egypt Peace Treaty (3/79), the Madrid Conference (10/91), the Peace Treaty between Israel and Jordan (10/94), and the structure of the Israeli-Palestinian peace process since 9/93 - is founded on these Resolutions.

Content of Resolutions

The main articles of UN Security Council Resolution 242 (11/67) call for:

Resolution 338 (10/73) reiterates the importance of Resolution 242, and calls upon the sides to begin negotiations with the aim of achieving a just and durable peace.

Interpretations

The interpretation of the resolutions is the object of political and legal controversy primarily regarding two points:

Extent of Israeli withdrawal - The first article of Resolution 242 is an object of controversy because of differences in wording between the English and the French versions of the text. The English version talks about Israeli withdrawal "from territories...", while the French version talks about Israeli withdrawal "from the territories" (des territories...). Thus, the addition of the word "the" in the French version implies that Israel is required to withdraw from all the occupied territories.

Solution to the refugee problem - UN Resolution 242 talks about a "just settlement" to the refugee problem without addressing the specific solution that appears in UN General Assembly resolution 194. Arab countries, as well as others, interpret Resolution 194 as the basis for the "right of return" of Palestinian refugees1. Hence, they argue that Resolution 194 is the interpretation of a "just settlement" that appears in Resolution 242. However, because Resolution 242 does not specifically mention 194, Israel does not interpret it as harboring the "right of return" and therefore sees it as a possible basis for the solution to the refugee problem.

 

 

Some more history:

The Balfour Declaration of 1917 http://en.wikipedia.org/wiki/Balfour_Declaration_of_1917#cite_note-1 (dated 2 November 1917) was a letter from the British Foreign Secretary Arthur James Balfour to Baron Rothschild (Walter Rothschild, 2nd Baron Rothschild), a leader of the British Jewish community, for transmission to the Zionist Federation of Great Britain and Ireland.

His Majesty's government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country."[1]

The statement was issued through the efforts of Chaim Weizmann and Nahum Sokolow, the principal Zionist leaders based in London; as they had asked for the reconstitution of Palestine as the Jewish national home, the declaration fell short of Zionist expectations.[2]

 

[Yeahthose zionist expectations can really be a bi**ch / deal-breakers when searching for peaceful resolutions! ]

 

As a former Doctor of Psychiatry, I’m sure Mr. Krauthammer might appreciate the last portion of this comment, infra: Abbas announces U.N. member bid Move appears to seal fate of U.S. efforts to broker a deal to resume Israeli-Palestinian talks. (Washington Post) [ U.S. (israeli) efforts? Resume infinite talks? Is this some parallel universe they’re operating in? Let’s apply the Einstein definition to such a preposterous position promulgated by the u.s. / israelis: ‘Insanity is doing the same thing over and over again and expecting different results.’ Time for action regarding this long overdue independent statehood which should be ‘fate accomplis’! U.N. showdown could test U.S. role in Mideast One week before a United Nations vote over Palestinian statehood, the Obama administration is confronting the stark new limits of its influence. (Washington Post) [  What role? As israel’s mouthpiece? War, war, and more war? Death, destruction, and self-defeat including defacto bankruptcy for the u.s.? Fomenting anti-american sentiment? What role? The role the israeli lobby says is appropriate for america? How foolish america has been! Anxieties mount over Palestinian statehood bid (WP) [ And anxieties mount over no statehood bid! What gives here! Only ‘yesterday’ (not long ago), hillary clinton was talking about the need for and appropriateness of same. Has the israeli lobby, so costly and detrimental to american interests here and abroad, given her and hers a ‘talking to’? . U.S. vetoes Security Council resolution denouncing Israeli settlements (WP) [ 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 so don’t just talk about it,DO SOMETHING!]..pervasively corrupt, defacto america’s self-defeating,self-destructive way U.S. vetoes Security Council resolution denouncing Israeli settlements Sounds like a plan!..for self-destruction! ] Israel's fear (WP)[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/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 u.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!     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. Obsessive / 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) psychogenic 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.
Editorial: Russia and China’s cowardly vetoes (Washington Post) [ How sad … for the editorial board of this newspaper … While there may have been a time when such an observation might have been appropriate, that certainly isn’t so today; nor has it been otherwise so for quite some time. After all, what nation is invading other nations; killing, pillaging, and plundering for the sake of alignment with a regime for which propaganda has displaced even basic historic truths in covering their trail of warring destruction; ie., the coup d’etat / JFK assassination leaving the military industrial complex to their own (self-perpetuating) devices (more conflict / war for bigger budgets / corporate welfare) as warned against by the great though substantially underrated President General Eisenhower. I also must say that there’s been a curious ‘coincidence’ to ‘censor’ of my comments relating the militance of israel and that american faction so detrimental to this nation and the world to the point that complaints about same have been futile and no longer made by me. With the longevity of newspapers already (and quite recently) predictably diminished (obsolescence, agendas, censor, etc.), one would have ‘expected something more’ in terms of the right thing, the honorable thing to do on the way out. Russia, China block Syria resolution They cast a rare double veto on the U.N. Security Council to block a draft resolution condemning Syria for its crackdown. (Washington Post) [ Yes; and even rarer was the rationality that went into such a double veto vote. After all, you don’t see the oppressive, repressive ‘nation state’ (? … family owned? … what’s up with that?) Saudi Arabia treated like Syria. Drugereport: Clashes in Saudi Arabia leave 14 wounded...
Police open fire on civilians... [But this is ok because saudi arabia’s a doormat for israeli/u.s. interests]