5-16-12 POSTS 

 

[To today’s News / Topics]

 

 

Chris Martenson: "We Are About To Have Another 2008-Style Crisis" ZeroHedge.com

Well, my hat is off to the global central planners for averting the next stage of the unfolding financial crisis for as long as they have. I guess there’s some solace in having had a nice break between the events of 2008/09 and today, which afforded us all the opportunity to attend to our various preparations and enjoy our lives.

Alas, all good things come to an end, and a crisis rooted in ‘too much debt’ with a nice undercurrent of ‘persistently high and rising energy costs’ was never going to be solved by providing cheap liquidity to the largest and most reckless financial institutions. And it has not.

5-16-12 The Bank Runs In Greece Will Soon Be Followed By Bank Runs In Other European Nations  ‘‘The bank runs that we are watching right now in Greece are shocking, but they are only just the beginning.  Since May 6th, nearly one billion dollars has been withdrawn from Greek banks.  For a small nation like Greece, that is an absolutely catastrophic number…’  http://albertpeia.com/greekbankrunsgoeurope.htm   ,   This is the beginning of a run on banks. Zero Hedge blogger Durden fears the worst as he passes along pictures of ATM lines in Greece. "A Greek banking system which is now virtually shut out of any extrenal funding except for the ELA, where it has a few billions euros in access left, will be unable to deal with hundreds of millions in deposit outflows," he writes. "This may be the beginning of the end for Greece, just as Buiter and later JPM warned over the weekend." , The debt ceiling nightmare scenario (for the u.s.) , Euro Zone, a Solvency Not a Liquidity Crisis  ,   Chris Martenson: "We Are About To Have Another 2008-Style Crisis" ZeroHedge.com Durden ‘…Alas, all good things come to an end, and a crisis rooted in ‘too much debt’ with a nice undercurrent of ‘persistently high and rising energy costs’ was never going to be solved by providing cheap liquidity to the largest and most reckless financial institutions. And it has not.’ , Three Charts On Why This Time Is 'Not' Different For Stocks We are constantly told that this time is different and we are on a sustainable magic carpet ride to growth, that stocks are merely 'stabilizing' to allow earnings to catch up with valuations, and that buying-the-dip is the obvious trade. However, as the three charts below indicate - its no different this time at all. As Barclays notes, VIX and credit markets are leaking exactly as they did in 2010 and 2011 in preemptive anticipation of the end of Twist (and LTRO) leaving stocks vulnerable to the real shocks of a real macro event risk world; equity performance remains too good to warrant a central bank response (as we just saw in the FOMC minutes) and TIPS breakevens are far above previous intervention levels; and while bank funding fears, growth slowdown concerns, and sovereign downgrade worries are supposedly lesser than in previous sell-off periods, we suggest they are absolutely rising in anxiety and that is the catalyst for the next leg down before the inevitable QE/LTRO occurs. , A 12-Year-Old Girl Crushes The Canadian (and American) Dream  When Ron Paul stands up in front of a crowd and explains the fictional-reserve banking system's unreality, some listen, many shrug and bury their heads. When ZeroHedge does the same, comments are heavy but change is slow to come. But when a 12-year-old girl, in a little over five minutes can explain the total farce that is our monetary system, surely people have to listen and break free of the matrix. Victoria Grant, 12, explains how "The banks and the government have colluded to financially enslave the people of Canada," and as CTV notes, 'Grant lays out a brief history of the Canadian banking system, referencing obscure historical figures such as former Vancouver mayor Gerald McGeer and explaining that the Bank of Canada held primary control over government lending until the 1970's. Starting then, she says, governments began borrowing from private banks instead at considerably higher interest rates than those available through the central bank. The result, Grant argues, is a rapidly increasing national debt. The pint-sized pundit is quick to offer a solution. "If the Canadian Government needs money, they can borrow it directly from the Bank of Canada," she says. " ... Canadians would again prosper with real money as the foundation of our economic structure." The truth is out there - whether it comes from Alan Simpson, Ron Paul, ZeroHedge, or a 12-year-old Canadian young lady. , Bruno Iksil Leaving ,  Greece Sneezes, The Euro Dies of Pneumonia! A Step-by-Step Guide To Pan-Euro, Bank Busting Contagion http://albertpeia.com/paneurobankbustingcontagion.htm  , European Banks Battered As Reality Sets In As Europe opened last night markets were very weak with Sovereigns gapping dramatically wider and equity and credit markets under pressure. Just as in the last few days in Europe though, early weakness has been tempered by a modest belief that the ECB will save us all if it gets bad enough. Today was a little different - as we noted it appeared the ECB was starting to play chicken a little more vocally and while equity, credit, and sovereigns rallied in their usual way off the open - there was one critical difference - financials did not. Early on it was clear that many traders were looking to place the short-financials, long-sovereign credit trade, this implicitly forced LTRO-encumbered banks to underperform (as Greek, Italian, and Spanish banks were crushed in stocks and spreads) moving the LTRO Stigma wider still - back near record wides. The EURUSD was choppy but once the ECB headlines hit and rumors swirled of more bank runs, cessation of support, and capital controls, it fell back below 1.2700 once again (only to surge a little into the Europe day-session close - back to unch. Treasuries and Bunds were in lockstep - leaking higher in yield as the technical support for sovereigns came in (not from the ECB but via our financials-sovereign spreads arb) but this gave way into the close as risk asset weakness dragged yields lower in Germany. US equities faded into the Europe close (as normal) ending back at a balanced VWAP, with EU financial stocks down over 1% on average, and EU stocks overall down around 0.75% (BE500). , Did Draghi Just Give Greece The All-Clear To Leave? ECB President Draghi just admitted that while the ECB Governing Council would like Greece to stay, there is a limit to what they will do to save it and will do everything they can to preserve their 'pristine' balance sheet - which sounds a lot to us like - 'we are not lending/printing/supporting your financial system anymore as you are far too big a risk (and are asset-stripped) and to be honest, it might be better if you just left - since we have encumbered all your assets anyway'. , Art Cashin On Ostrich Rallies, ATM Lines And MOC Bluffs You saw it all unfold here blow by blow yesterday. Now Art Cashin gives the post-mortem. , Housing Starts Beat, Permits Miss; Both Crawl Along Record Bottom  Following several months of permits rising even as starts flatlined, today we get the opposite, as forward looking construction came weaker than expected, with permits printing at 715K on expectations of 730K, while starts coming ahead at 717K on expectations of 685K. Completions soared as backlogs caught up with inventory started and under construction. Really, that's all one can say about these two series, who long-term charts can be seen below. What can one say but crawling at the bottom, and increasing modestly courtesy of trillions in fiscal and monetary stimulus, and as of recently full-blown mortgage debt forgiveness courtesy of this country's desperate administration to get some traction in at least one metric of economic improvement.

Frontrunning: May 16

  • Facebook's selling shareholders can't wait to get out of company, increase offering by 25% (Bloomberg)
  • Boehner Draws Line in Sand on Debt (WSJ)
  • Romney Attacks Obama Over Recovery Citing U.S. Debt Load (Bloomberg)
  • BHP chairman says commodity markets to cool further (Reuters)
  • Merkel’s First Hollande Meeting Yields Growth Signal for Greece (Bloomberg)
  • Greek President Told Banks Anxious as Deposits Pulled (Bloomberg)
  • EU to push for binding investor pay votes (FT)
  • Martin Wolf: Era of a diminished superpower (FT)
  • China’s Hong Kong Home-Buying Influx Wanes, Midland Says (Bloomberg)
  • U.N. and Iran agree to keep talking on nuclear  (Reuters)
  • US nears deal to reopen Afghan supply route (FT)

 

ABC News Exclusive: Zimmerman Medical Report Shows Broken Nose, Lacerations After Trayvon Martin Shooting {That little (6’3”) thieving nigger was enraged by his being thwarted in his scope-out/plundering of Zimmerman’s neighborhood. Clearly self-defense with wounds consistent with his true story, Zimmerman was fighting for his life and ultimately saved the citizens of Florida from the future costs of the burgeoning violent, thieving typical nigger-criminal trayvon martin.}

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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  , [ECRI Stays with Recession Call  New American | The vicious cycle is starting where lower sales, lower production, lower employment and lower income [leads] back to lower sales… http://albertpeia.com/ecricallsrecession.htm  , 5-16-12 Chris Martenson: "We Are About To Have Another 2008-Style Crisis" 5-14-12 JPMorgan Estimates Immediate Losses From Greek Exit Could Reach 400 Billion   Are They Insane? 58 Percent Of Americans Believe Economic Conditions In The United States Will Be Good A Year From Now  http://albertpeia.com/insanelyoptimistic.htm  , If You Live In California Things Just Got A Whole Lot Worse http://albertpeia.com/hopelesscluelesscalifornia.htm  Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm  ,  Why Is The Obama Administration Allowing The Chinese Government To Buy Up U.S. Oil And Gas Deposits Worth Billions Of Dollars?  http://albertpeia.com/chinabuyingamerican.htm  , Merkel is Backed Into a Corner… Commit Political Suicide or Bail on the Euro? May 13, 2012 By gpc1981 http://albertpeia.com/merkelpolsuicideorbailoneuro.htm  ,  State Election Defeat Seen as Disaster for Merkel  (WSJblogs) , Greece Can No Longer Delay Euro Zone Exit  It’s Going to Get Harder for Merkel  (Der Spiegel) J.P. Morgan has significant credit portfolio loss May 10th, 2012 by News Breaking…………“Shares of J.P. Morgan Chase & Co. JPM -5.89% dropped after the bank said in a regulatory filing late Thursday it had “significant” mark-to-market losses in its synthetic credit portfolio. Shares fell 4.5% to $38.87 in after-hours activity. In a Securities and Exchange Commission filing, the bank said its synthetic credit portfolio had proved to be riskier and more volatile than expected.”MarketWatch MK comment: Sound familiar? Think Bear Stearns, early 2008. , J.P. Morgan Reveals 'London Whale'-Size Losses , Surprising JPMorgan loss hits stock market late NEW YORK (Reuters) - Stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned investors with news that its chief investment office had incurred "significant mark-to-market losses... , Marc Faber Sees A 1987-Like Crash Approaching Durden"Europe Has Started The Endgame" And Biderman Says "The US Is Next"  , Greece's Jobless Soar By 42% As Unemployment Rises To Record, Industrial Collapse Accelerates , Dave’s Daily: http://www.etfdigest.com  STOCKS ATTEMPT TO RALLY 5-10-12 ‘In overseas news, China’s exports were only 4.9% vs 8.5% expected (I guess that qualifies as a miss). China is also rumored to be intervening to support the euro (or, defending their position) which should explain why the currency hasn’t fallen further. In England, the Central Bank head Merwyn King has (gasp!) halted bond buying (QE) due to the combination of inflation and recession—yes, commonly known as stagflation. In the U.S. Jobless Claims (367K vs 366K expected & prior adjusted higher to 368K) allowed for a bullish headline as usual http://albertpeia.com/wobamaexecorderforoneworldgovernment.htm  , http://albertpeia.com/militarypensiondebacle.htm , http://albertpeia.com/nyteconomistkrugmanwrong.htm , Dave’s Daily: http://www.etfdigest.com .. After hitting some support levels markets rallied sharply into the close led by (ahem) the reliable 2:15 PM Buy Program Express.    Five Reasons For Caution In US Equities  [ As astutely pointed out by Dave, ‘Michigan Consumer Sentiment Report (76.4 vs 75.8 expected and prior 75.7) which is weighted more heavily by stock market prices than Consumer Confidence’, this thusly is the ultimate ‘bootstrap’ for these bubble stock prices. ] 95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs http://albertpeia.com/95percentofjobslostmiddleclass.htm  , New study: High U.S. debt levels could mean a quarter century of weak growth (The American Enterprise Institute) [ That’s optimistic; and towards the end there at best! Remember: Decades at Best! ] , Total US Debt Soars To 101.5% Of GDP Dallas Fed: Why We Must End TBTF Now! Suckers’ rally  - schtooping for apples – This is an especially great opportunity to sell / take profits! Corporate insiders are sell like there’s no tomorrow http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htmREMEMBER: SELL IN MAY AND GO AWAY! , STOCKS RALLY DESPITE BAD NEWS: Here's What You Need To Know Business Insider, Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm   , 4-11-12 GARY SHILLING: PROFITS WILL PLUMMET AND STOCKS WILL PLUNGE 43% By Mamta Badkar | Business Insider 4-17-12 Dave’s Daily: http://www.etfdigest.com  BULLS HAVE GREAT EXPECTATIONS { Which means GREAT OPPORTUNITY TO SELL/TAKE PROFITS with much worse to come! } 4-17-12 ‘There was little news to account for any rally on this Turnaround Tuesday given poor Industrial Production and lower than expected Housing Starts. But, bulls are looking ahead to earnings which have been much lowered and engineered to beat expectations … There could also be some fresh money to funds as investors beat the tax deadline. That money gets invested quickly.IBM just announced earnings that missed top line revenue estimates and stock falls. Intel (INTC) beats lowered estimates but stock is lower in after-hours trading…’ http://albertpeia.com/shillingsaysstockswillplunge43percent.htm , 4-12-12 Hope for economically contraindicated wall street welfare rallies stocks on really bad news, much of which bad news here as in Europe, the direct consequence of failed, contraindicated, costly wall street welfare (QE’s, ZIRP, etc.) that everyone’s paying for now and in the future (bad economics, inflation, etc.)!  Dave’s Daily: http://www.etfdigest.com  BAD NEWS BULLS 4-12-12 ‘Let’s see, Jobless Claims were terrible by recent comparisons and recorded a large miss (380K vs 355K expect and prior revised higher as usual to 367K). Some analysts blamed Easter for the rise which seems odd frankly. Plenty of rumors were planted that China’s GDP growth (released Friday) would be better than expected and yields in the eurozone were lower on talk of more ECB buying…’  , 4-2-12  ‘Massive Wealth Destruction’ Is About to Hit Investors: Faber   http://albertpeia.com/massivewealthdestructionabouttohit.htm , RICHARD RUSSELL: A Massive Stock Market Collapse Will Wipe Out 60 Years Of Inflation And Leveraging Business Insider ,  http://albertpeia.com/22signsglobalrecessiondepression.htm , The 15 Trillion Dollar Party  http://albertpeia.com/bankruptamericadestroyingthefuture.htm  { WALL STREET IS SO FRAUDULENTLY BEYOND THE PALE; FOR THERE IS NO QUESTION BUT THAT THEY BELONG IN JAIL! }  , Both The Market and Government Are Irrational Paul Craig Roberts | One of the great economic myths is that markets are rational. Not a day passes without this myth being disproved scores of times, but the myth persists. [ 4-10-12 Don’t buy their ‘buy the dip’ b***s***, still a great opportunity to sell/take profits since Rosenberg Ruminates On Six Roadblocks For Stocks‘On this basis, the market as a whole is  OVERPRICED BY MORE THAN 20%.’The Shocking Truth About Unemployment In America In One Chart  http://albertpeia.com/shockingtruthofunemploymentinamerica.htm  , Bob Janjuah: S&P At 800, Dow/Gold Ratio Will Hit 1 Before Next Real Bull Cycle 3-30,29,28,-12 Familiar theme of suckers’ rally off lows to keep suckers sucked in and window dress another fraudulent quarter at national expense for wall street welfare. 3-26-12 As was so last pre-crash, particularly this election year of desperation, bernanke resorts to his ‘jaw-boning’ (another dog who made news called this ‘baffling them with b***s***’); yet, it’s fraudulent wall street that conditions ‘all’ to believe the easy money / over-printed created Weimar dollars, a clear negative (you’re paying for the wall street welfare; ie, gas, food, etc., prices {  Financial Crisis Phase II Is Ahead at Forbes Bert Dohmen ‘ In late 2007, I wrote the book Prelude To Meltdown, predicting the global crisis that occurred the following year.  I now see a similar confluence of events .. “the new recession has started.”… Over the past 33 years, we have called the start of every recession..Currently, the GDP deflator is 1.8%, which hardly reflects the true rise in prices. Therefore, what is counted as “growth,” is actually price increases. Actual inflation..is now more than 11%. Using that to adjust GDP for inflation, would show that the economy is now in a very sharp contraction…’ }  rallies those pieces of paper/computer entries via HFT algos programmed to go wild with such talk, making this a great opportunity to sell, take profits while you can, much worse to come! http://albertpeia.com/10reasonsdollarreservecurrencyending.htm , I’ve Never Seen a Confluence of Negative Factors Like This 3-24-12 http://gainspainscapital.com  , DAVE FRY IS RIGHT ON THE MONEY HERE! Dave’s Daily: http://www.etfdigest.com  BERNANKE IN ABC MODE ON ABC 3-27-12 ‘Sure, it’s one of my favorite movie scenes and I couldn’t resist it. The Fed is in full campaign mode as great as Obama and his GOP rivals. When stock prices seem in doubt the Fed is ready to launch more assurances accommodation (money printing) will be available. Monday’s rally was typical as we head toward the end of the quarter. Hedge fund performance fees are on the line and any way to boost these profits is job one. Top holdings for hedge funds include the usual suspects: AAPL, IBM, INTC, BAC, DIS, HD etc. With little volume it’s easy for algos and hedge funds to prop stocks on little hard news. Tuesday we briefly saw more of this. Just as markets were weakening a story appeared using the Fed’s favorite oracle, the WSJ, as Fed governor Rosengren stated, “more stimulus is on the table”. Immediately HFT algos jumped and markets rose if only briefly.On its face, the Fed wants higher stock prices to boost confidence in the economy. However from a practical view ALL THEY’VE SUCCEEDED IN DOING FROM MY PERSPECTIVE IS DEBASING THE DOLLAR CREATING INFLATION…’  ,  And 14 of 16 On Dallas Fed MissThe Dallas Fed Manufacturing Outlook just came with its largest miss of expectations in 9 months - and biggest drop in 7 months.. A 10.8 print vs expectations of 17.0 dropped the index back to its lowest since December and keeps the 'good is good but bad is better' dream alive..’, Don’t be fooled by the money illusion MarketWatch | Rising prices are making some statistics look better than they really are.  [ The ‘psychological factor’ has always been a component in the valuation of securities which valuations, good or ill, collectively give rise to the ‘markets’. The mythical part is the presumption of rationality accorded the ‘market-makers’ which, despite their glaring irrationality and propensity for fraud (I’d conservatively say that wall street is comprised predominantly, I’d estimate 90%, of psycho/sociopathic personalities), is still decidedly and pathetically vis-à-vis the rest of the ‘go along to get along’ world, criminally insane wall street. { 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  } It should be obvious by now, particularly with the advent of ubiquitous, lightning fast programmed computerization, that the markets are fraudulently manipulated in a bigger way now than ever; and, not without great cost ultimately to muppets / taxpayers like you, whether in the markets or not.They do it for the money; and, sick as they are, to be screwin’ at least someone all of the time which perversely gives them pleasure!  ] This is an especially great opportunity to sell / take profits with stocks floating on air in contraindicated ‘Weimar dollar bubble rally’ as preceded last crash. Suckers’ rally into the close off lows and in shades of the dot com bubble with Apple the fraudulent stock market’s one-trick pony (‘in play’, pricey, big weighting and big bang for the market buck, and compared to what). Competition will ultimately (no real breakthroughs on horizon) take a big bite out of the Apple, which along with price targets is way over valued (currently being manipulated to the upside by the ‘muppet masters’ given the 20% weighting for maximum fraudulent effect). I say this despite liking Apple. They’re loving Apple to death on fraudulent wall street which is a testament to the pathetic state of american and world technology which is horrendous. As my first computer (Apple IIc, 1986) I’m glad they survived but they’re way, way over-valued. Aside from the IPAD (at best and even that’s a stretch, and past history at that), there’s really nothing there, which is a testament to the stupidity of american consumers particularly. Wake up! What total frauds! 11 Reasons Why America Would Be A Better Place Without Goldman Sachs [ If only it was just 11 and not an endless number of reasons why the aforesaid is true! And, though america particularly, not just america, but the entire world as well! ] http://albertpeia.com/americabetterwithoutgoldmansachs.htm  ,  Guest Post: Money from Nothing - A Primer on Fake Wealth Creation and its Implications (Part 2) Only in a debt-based money system could debt be curiously cast as an asset. We’ve made “extend and pretend” a quaint phrase for a burgeoning market for financial lying and profiteering aimed toward preventing the collapse of a debt- (or lack-) based system that was already doomed by its initial design to collapse. Election year temp jobs, trade deficit up, GDP projection down, business inventories miss, manipulations, obfuscations… Dave’s Daily: http://www.etfdigest.com  STOCK RALLY FADES WITH CDS ISSUE 3-9-12  [ Dave astutely points out: “Jobless Claims Thursday were weaker than expected (362K vs 351K expected and prior revised higher to 354K). Did you know that prior weekly Jobless Claims data has been revised higher 100% of the time over the past two years? How does that happen this consistently?” – Which I refer to as the ‘data ponzi scheme’ wherein new fake data is used to buoy markets as prior reported fake data is reconciled closer to reality. 3-15-12 Yes, and again, prior week revised up .  ] Does China's Forex Policy Beggar Its Neighbors?  The Wall Street Journal  [ Are you sure the author didn’t mean ‘bugger its neighbors’? Sounds like it; but, it’s really all about cost structures which are far less in China which is the primary reason for China’s export success. Manipulation of currencies is an artifice that the west will ultimately prove does not work at all (all that over-printing / creating of fiat Weimar paper currencies is a time-tested loser).]Rumor planted by fed of QE3 light spurs rally, not the fake, uneconomic jobs estimate from jersey adp for election year spin purposes which only fools believe. How desperate and pathetic!  For those who think this money-printing out of thin air is without cost, you’re in for a worse than rude awakening. The global markets have become a joke! This is a ‘full press’ as in ‘fiat paper printing presses in overdrive’ debased Weimar dollars / currencies that will end quite badly so take this opportunity to take profits while you can. The manipulated, contrived, and fake data has all been unaffordably ‘electioneared’ for ‘electionyeared’ spin and propaganda. Don’t be their fool! The full moon previously helped keep the contraindicated lunatics’ huge suckers’ rally going with across the board media et als complicity (infra). But not quite … reality (will) catch(es) up … you know the drill … typical suckers’ surge into the close off lows, etc.. Today’s data looked pretty bad to me, even with the manipulations/spin otherwise, ie., Durable goods orders drop by most in 3 years AP , etc.. Then there was previously the manipulated revision to make this month’s distressed, foreclosure sales (backlog) look better. Total scam! This will all end quite badly and is much like the ‘floating on air’ stock price scenario that preceded the dot.com and most recent, continuing debacles. {  http://albertpeia.com/todaysbusinesssummarylinks.htm - today’s business summary links only, by day – scroll down as well for today’s links and for more complete context – Encouraged and recommended! } This global suckers’ rally is based on market frothing hopium for unaffordable, contraindicated, failed QE/wall street only welfare (which is being injected sub rosa, see infra), bad news, fraud, b***s***, and desperation alone, as suckers’ rallies ushered in the new year in a most preposterous fashion [Forget the “January Effect”… Instead Skousen http://www.investmentu.com/2010/December/january-effect-vs-siegel-indicator.html  http://albertpeia.com/forgetthejanuaryeffect.htm  , INVESTORS, SKIP THE 'JANUARY INDICATOR' FOR STOCKS Jan. 26, 2012 Mark Hulbert [ the frauds on wall street still shootin’ for the superstitious so-called ‘January effect’ based on based on market frothing hopium for unaffordable, contraindicated, failed QE/wall street only welfare, bad news, fraud, b***s***, and desperation alone to suck suckers in and keep suckers sucked in! Don’t be their fool! Mohammed El Erian gets this and to Frank Motek 1070am relates that he’s using the up moves to reduce risk assets / stocks / exposure, in other words, he’s selling the rallies which is sound advice [3-12-12: I’ve previously recommended this business report; but, like everything in america, it’s gotten so bad as in the first 30 minutes I calculated approximately 6 minutes of business report and the balance predominantly advertising and some cbs network stuff before I had to turn it off – I might listen again in a year, if at all. Terrible! ]. The fundamentals/realities, current and prospective, are worse than ever. There are no systems/formulas for these unprecedentedly dire times. Don’t be their sucker! This is an especially great opportunity to sell / take profits because there’s much, much worse to come! Here’s a simple chart of the Dow’s history  http://albertpeia.com/dowjonesindavghistory.htm  . Keep in mind how lowly the dollar’s become in terms of purchasing power and relative to metals as ie., gold, etc.. Don’t be scammed by the frauds on wall street, et als.] 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 there’s 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 1984.. 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 Today’s Levels Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012). , ‘…technical pattern is predicting the S&P plunges to 935Bank of America via Zero Hedge  Mary Ann Bartels, Bank of America's Head of Technical and Market Analysis , 935 is nothing; the S&P 500 will crash to 579.57United-ICAP's Walter Zimmerman (via WSJ's Tom Kilgore) is a technical analyst who has been looking at the charts and they're telling him that the S&P is headed for 579.57…’   ,  The Financial Crisis Of 2008 Was Just A Warm Up Act For The Economic Horror Show That Is Coming  http://theeconomiccollapseblog.com http://albertpeia.com/2008crisisjustwarmupforcomingcollapse.htm Why earnings will continue to decline MarketWatch , 10 Things That Every American Should Know About The Federal Reserve  Eco.Coll.Blog http://albertpeia.com/10thingsmustknowaboutfedreserve.htm  #1 The Federal Reserve System Is A Privately Owned Banking Cartel #2 The Federal Reserve System Is A Perpetual Debt Machine #3 The Federal Reserve Has Destroyed More Than 96% Of The Value Of The U.S. Dollar #4 The Federal Reserve Can Bail Out Whoever It Wants To With No Accountability #5 The Federal Reserve Is Paying Banks Not To Lend Money #6 The Federal Reserve Creates Artificial Economic Bubbles That Are Extremely Damaging #7 The Federal Reserve System Is Dominated By The Big Wall Street Banks #8 It Is Not An Accident That We Saw The Personal Income Tax And The Federal Reserve System Both Come Into Existence In 1913 #9 The Current Federal Reserve Chairman, Ben Bernanke, Has A Nightmarish Track Record Of Incompetence #10 The Federal Reserve Has Become Way Too Powerful  ,  A Warning Sign For The World  http://albertpeia.com/warningsignfortheworld.htm Any financial system that is based on debt is doomed to fail.  Today, we are living in the greatest debt bubble that the world has ever seen … ,  Despite Two Thirds Of Components Declining, Empire Fed Prints At Highest Since June 2010  ZeroHedge | Chalk this one to “seasonal adjustments” or something, cause we no longer have any clue what is going on with the data fudging in America. ,  20 Signs You Might Be A Typical American Worker  http://albertpeia.com/20signsoftypicalamericanworker.htm , 10 Signs That America Is Decomposing Right In Front Of Our Eyes   http://albertpeia.com/10signsamericadecomposing.htm , 8 Reasons Why The Greek Debt Deal May Not Stop A Chaotic Greek Debt Default   http://albertpeia.com/8reasonsgreekdebtdefaultstillcoming.htm , 55 Interesting Facts About The U.S. Economy In 2012   http://albertpeia.com/55factsaboutus2012economy.htm ‘How is the U.S. economy doing in 2012?  Unfortunately, it is not doing nearly as well as the mainstream media would have you believe.  Yes, things have stabilized for the moment but this bubble of false hope will not last for long.  The long-term trends that are ripping our economy and our financial system to shreds continue unabated.  When you step back and look at the broader picture, it is hard to deny that we are in really bad shape and that things are rapidly getting worse.  Later on in this article you will find a list of interesting facts that show the true state of the U.S. economy… ,  http://albertpeia.com/debtpercapita.jpg  , Double-dip recession setting in across eurozone: EU Thomson | AFP , America 1950 vs. America 2012    http://albertpeia.com/downhillslideofamerica.htm , Society’s Five Stages of Economic Collapse  http://albertpeia.com/5stagesofcollapse.htm David Meyer shtfplan.com March 1, 2012  ,  No Housing Recovery - Case Shiller Shows 8th Consecutive Month Of House Price DeclinesLittle that can be added here. The December Case Shiller came, saw, and shut up all those who keep calling for a home price recovery. The Index printed at 136.71 on expectations of 137.11, with the prior revised to 138.24. The top 20 City composite was down -0.5% on expectations of a 0.35% drop. 18 out of 20 MSAs saw monthly declines in December over November… , Goldman: Germany Is Now On The Hook By €1 Trillion (Or 40% Of GDP), 20 Economic Statistics To Use To Wake Sheeple Up From Their Entertainment-Induced Comas  http://albertpeia.com/20ecostatstowakesheeple.htm  , Central bank balance sheet expansion since end 2007  Mar 1st, 2012 by News (ZeroHedge) — SNB +230%; Fed +222%, BOJ +125%, BOE +87%, PBOC +93%, ECB +51%. USA Gold / PG View: Pretty strong evidence that the rally in bonds — and by extension the rally in stocks — is nothing but a charade. , 10.7 Percent: Unemployment In Europe Is Worse Than It Was At The Peak Of The Last Recession  http://albertpeia.com/europeunemploymentworsethanrecession.htm The unemployment rate in the eurozone is now 10.7 percent.  That is the highest the unemployment rate has been since the introduction of the euro.  The unemployment rate in the eurozone never got any higher than 10.2 percent during the last recession.  This is very troubling news.  It was just recently announced that the eurozone has entered another recession, and already the unemployment rate is hitting new record highs… , Inflation Is A Tax And The Federal Reserve Is Taxing The Living Daylights Out Of Us   http://albertpeia.com/inflationisatax.htm  , Guest Post: Cause, Effects & The Fallacy Of A Return To Normalcy , Market Takes First Big Loss Of 2012 As Investors Eye Greek Debt Swap  Forbes , 15 Potentially Massive Threats To The U.S. Economy Over The Next 12 Months  http://albertpeia.com/15massivethreatstoeconomy.htm , 1 Through 30 – The Coming U.S. Financial Crisis By The Numbers http://albertpeia.com/1-30usfinancialcrisiscoming.htm , Gallup Finds February US Unemployment Jumps Most Since 2010, Third Consecutive Monthly IncreaseInitial Claims Miss Expectations, Rise For Third Consecutive Week For First Time Since August 2010Greece Has Defaulted - Which Country In Europe Is Next?    http://albertpeia.com/greecehasdefaultedwhonext.htm , Five Charts That Prove We’re in a Depression and That the Federal Reserve and Washington Are Wasting Money March 12, 2012 By gpc1981  http://albertpeia.com/usindepressionfedandgovwastingmoney.htm  , Broken Promises: Pensions All Over America Are Being Savagely Cut Or Are Vanishing Completely ..  this exact scenario is playing out from coast to coast and in the years ahead millions of elderly Americans are going to be affected by broken promises and vanishing pensions.. http://albertpeia.com/uspensionscutorvanishing.htm  , America Is Being Transformed From A Wealthy Nation Into A Poor Nation At Breathtaking Speed  America is losing wealth far faster than any other nation on earth is.  http://albertpeia.com/ustransformedfromwealthytopoor.htm , As US Rakes Largest Monthly Deficit In History, 2012 Tax Revenues Net Of Refunds Trail 2011Guest Post: The Audacity of Bonuses At MF GlobalIn the spirit of George Orwell’s Animal Farm commandment: “all animals are equal, but some animals are more equal then others” comes the galling news that bankruptcy trustee, Louis Freeh, could approve the defunct, MF Global to pay bonuses to certain senior executives. This, despite the fact that nearly $1.6 billion of customer funds remains “missing” or otherwise partially accounted for, yet beyond the reach of those customers, perhaps forever, since before the firm declared bankruptcy on October 31, 2011... , 11 Reasons Why America Would Be A Better Place Without Goldman Sachs [ If only it was just 11 and not an endless number of reasons why the aforesaid is true! And, though america particularly, not just america, but the entire world as well! ] http://albertpeia.com/americabetterwithoutgoldmansachs.htm  , S&P Says Improbable Any Economic Improvement Would Bring Back AAA US Rating Sigh: *S&P says that it is impossible that any economic improvement would bring back the AAA rating *US deficit progress is needed. *Outlook remains negative.- And what do stocks do on latest S&P report that America is broke? Why they surge of course.... , The U.S. Economy: Soul Crushing Total System Failure  http://albertpeia.com/ustotalsystemfailure.htm , Kass: The Market Is Overvalued at TheStreet By Doug Kass { Yes, this is true; but, he’s still too optimistic in that he doesn’t point out that the election year manipulations / obfuscations will cause things to end far worse than his anticipation. } , An Open Letter to All Presidential Candidates March 19, 2012 By gpc1981 http://albertpeia.com/grahamsummerswarnings.htm , Ben Bernanke Tries To Convince America That The Federal Reserve Is Good And The Gold Standard Is Bad   http://albertpeia.com/benbsshalombernankesellsfedpansgoldstandard.htm [ greenspan and now bernanke are incompetent and total failures creating and exacerbating current and prospective conditions for the sake of fraudulent wall street at everyone else’s expense! ] , 10 Signs That America Is On The Verge Of A Horrible Municipal Debt Crisis   http://albertpeia.com/americanmunicipaldebtcrisis.htm  , Bursting The Permabullish Bubble: 11 Out Of 13 Economic Indicators Have MissedCorzine Corzined - Congressional Panel Finds Former MF Global CEO Ordered JPM Fund Transfer [ ‘Jon S. Corzine, MF Global Holding Ltd.’s chief executive officer, gave “direct instructions” to transfer $200 million from a customer fund account to meet an overdraft in one of the brokerage’s JPMorgan Chase & Co. accounts in London, according to an e-mail sent by a firm executive. Edith O’Brien, a treasurer for the firm, said…’] , TBTF Get TBTFer: Top 5 Banks Hold 95.7%, Or $221 Trillion, Of Outstanding Derivatives 10 Reasons Why The Reign Of The Dollar As The World Reserve Currency Is About To Come To An End  http://albertpeia.com/10reasonsdollarreservecurrencyending.htm , Dave’s Daily: http://www.etfdigest.com  BERNANKE IN ABC MODE ON ABC 3-27-12 ‘Sure, it’s one of my favorite movie scenes and I couldn’t resist it. The Fed is in full campaign mode as great as Obama and his GOP rivals. When stock prices seem in doubt the Fed is ready to launch more assurances accommodation (money printing) will be available. Monday’s rally was typical as we head toward the end of the quarter. Hedge fund performance fees are on the line and any way to boost these profits is job one. Top holdings for hedge funds include the usual suspects: AAPL, IBM, INTC, BAC, DIS, HD etc. With little volume it’s easy for algos and hedge funds to prop stocks on little hard news. Tuesday we briefly saw more of this. Just as markets were weakening a story appeared using the Fed’s favorite oracle, the WSJ, as Fed governor Rosengren stated, “more stimulus is on the table”. Immediately HFT algos jumped and markets rose if only briefly.On its face, the Fed wants higher stock prices to boost confidence in the economy. However from a practical view all they’ve succeeded in doing from my perspective is debasing the dollar creating inflation. The latter will be a problem for the next administration and even the current generation. It’s an all about “now” market in a politically charged year… , Bernanke Claims That The Fed Has Averted A Second Great Depression By Bailing Out The Too Big To Fail Banks  http://albertpeia.com/weareinsecondgreatdepression.htm  [  To the contrary, because of his policies and particularly the bailouts which facilitated consummation of and even greater frauds, the real economy, the nation, taxpayers will suffer a more severe fate than even that obfuscated by bad policy in this election-year expedience! ‘… When the last financial crisis began, the U.S. national debt was about 10 trillion dollars. Today, it has risen to 15.5 trillion dollars. So Bernanke did not fix anything. The best that can be said is that he kicked the can down the road a little bit and made our long-term financial problems a lot worse at the same time. Bernanke can create money out of thin air and loan it to his friends all he wants, but he is not going to be able to prevent this house of cards from crashing down…’ . He’s as much a fraud and incompetent bozo as ‘his buds who put him there’ for their purpose / benefit. The guy’s a dope http://albertpeia.com/30bunglebenbernankequotes.htm  , a fool which fact is lost on no one vis-à-vis the debased Weimar dollar  http://albertpeia.com/10reasonsdollarreservecurrencyending.htm  , who’s delusional  http://albertpeia.com/bunglerbenfedfedsfailure.htm . He’s a total fraud!  ] , 20 Signs That We Are Witnessing The Complete Collapse Of Common Sense In America  http://albertpeia.com/americasdevolutionintomadness.htm http://albertpeia.com/45signsamericatinyelitemajoritypoor.htm  A View on Inflation & Keynesian Talking Points  : CrownThomas : 03/29/2012 The ponzi will fail, and the economy will reset - the only question is when. http://albertpeia.com/fedponzifails.htm  , Charles Hugh Smith On The Phony "Economic Recovery," Stress and "Losing It", Everything Is Going To Be Alright?  ‘Massive Wealth Destruction’ Is About to Hit Investors: Faber   http://albertpeia.com/massivewealthdestructionabouttohit.htm CNBC.com | Runaway government debts have triggered uncontrolled money printing that in turn will lead to inflation.. , The 15 Trillion Dollar Party  http://albertpeia.com/bankruptamericadestroyingthefuture.htm  { WALL STREET IS SO FRAUDULENTLY BEYOND THE PALE; FOR THERE IS NO QUESTION BUT THAT THEY BELONG IN JAIL! }  , RICHARD RUSSELL: A Massive Stock Market Collapse Will Wipe Out 60 Years Of Inflation And Leveraging Business Insider , Graham Summers’ Weekly Market Forecast (Europe on the Verge Edition) 4-2-12   http://albertpeia.com/euontheverge.htm , 27 Statistics About The European Economic Crisis That Are Almost Too Crazy To Believe   http://albertpeia.com/27statsofeueconomiccrisis.htm  , How Bad Do Things Have to Be For the Fed AND the ECB to Talk of Easing… On the Same DayApril 13, 2012 By gpc1981  http://albertpeia.com/gpcsaysthingsarereallythatbad.htm , 25 Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm  , http://albertpeia.com/debtcrisisdestroysamerica.htm  , Chimps Throwing Poop And 29 Other Mind Blowing Ways That The Government Is Wasting Your Money  http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm  , Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm  , No Housing Recovery Until 2020 In 5 Simple Charts
http://albertpeia.com/nohousingrecoveryuntil2020in5charts.htm
, The Mother Of All Infographics: Visualizing America's Derivatives Universe   Fasten Your Seatbelts: High Frequency Trading Is Coming To The Treasury Market    [ 22 Signs That The Collapsing Spanish Economy Is Heading Into A Great Depression http://albertpeia.com/22signsspainheadingintogreatdepression.htm , The Secrets of the Spanish Banking System That 99% of Analysts Fail to Grasp http://spainbanksystemsecrets.htm , What Do California And Detroit Have In Common? http://albertpeia.com/californiadetroitdeclineincommon.htm

 

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

http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm

http://albertpeia.com/22signsglobalrecessiondepression.htm 

Developing World’s Market Bubble Set to Bring Global Depression

Infowars | The world market bubble is setting the stage for a global economic collapse.



Jamie Dimon: Billions Lost in Derivatives Fraud is Merely ‘Standard Banking Practice’

LA Times | Head of JP Morgan Chase unveils arrogance of a banking elite not concerned with the real economy.

 

Death By Foreclosure: Desperate Man Commits Suicide After Wells Fargo Steals His Home

Alternet | This is the story of what happens when an average couple is up against a giant, wealthy, powerful bank.

This is the story of what happens when an average couple is up against a giant, wealthy, powerful bank.

Dave Johnson
Alternet
May 16, 2012

Norman and Oriane Rousseau were one more couple pushed by a huge, greedy bank to the brink of homelessness. On Sunday, desperate and with nowhere to go, Norman Rousseau shot himself. 

This is the story of what happens when an average couple is up against a giant, wealthy, powerful bank. Unfortunately the result is what the result always is when people are on their own against the wealthy and powerful: the bank ends up with all of their money, takes their house to sell and throws them out onto the street. In this case the bank is Wells Fargo.

The quick version of this terrible story is that Norman and Oriane Rousseau of Newbury Park, California were scammed into a predatory mortgage. But they made their payments anyway, always paying with a cashier’s check in person at the same branch. Then one day the bank misapplied their payment and said they still owed the money. This started a long, nasty process that led to the bank evicting the Rousseaus from their home. 

Here’s the shocker: right at the start the Rousseaus came up with proof that the bank had received the payment and had cashed the check. But the bank continued to claim it had missed the payment, gave the Rousseaus the runaround, started applying fees, and used it as an excuse to foreclose on the house anyway. 

Read full article here

 

Did Draghi Just Give Greece The All-Clear To Leave?

Zero Hedge | ECB President Draghi just admitted that while the ECB Governing Council would like Greece to stay.



Greece faces stark election choice – in or out of the euro

London Guardian | Collapse of coalition talks plunges eurozone into fresh turmoil as EU policymakers work on plans for post-Greek single currency.

 

Jamie Dimon, JP Morgan Chase & The Fed: Billions & Trillions for Insiders

New American | Oops! Another couple billion dollars lost.



Rogers: “Volume Is Not Going To Come Back. We’ve Had A Great 30 Years. That’s Finished!”

Zero Hedge | Jim Rogers is hedging his gold (and silver) positions reflecting that this is normal, following such a tremendous run, and that this is good for the precious metal in the long-run.

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

http://albertpeia.com/22signsglobalrecessiondepression.htm 

 

The Elite Believe That You Are Ruining Their Planet And They Want You To Stop Reproducing

{ First and foremost clarification: There are no elite on this planet. The grim reality for this planet is a dominant species descended from initially notochords, primitive chordates, and relatively more recently primitive apes.
See generally,
http://albertpeia.com/anthroindex1.htm  , for a brief but sorrowful history of man.  }

 

http://albertpeia.com/planetalreadyruined.htm

 

USA #1? 40 Embarrassing Things That America Is The Best In The World At  http://albertpeia.com/40badthingsusabest.htm  , They Love Death  http://albertpeia.com/theylovedeath.htm

 

 

BLIND CHINESE ACTIVIST: THE PERFECT NEW AMERICAN CITIZEN – DOESN’T KNOW ANYTHING ABOUT AMERICA AND HE IS BLIND!

US Using Staged “Blind Activist” Stunt For Leverage Ahead of Talks Prisonplanet.com

Chinese Activist Makes Plea to U.S. Congress...
Obama under fire... {While there’s plenty of deserved critism for wobama, on a multitude of issues, and should indeed be voiced by a multitude of people; smith of pervasively corrupt, mob infested/controlled jersey is not one to be doing the criticizing. As with america generally, there is certainly nothing positive that can be said of the sordid state of new jersey!}

US Using Staged “Blind Activist” Stunt For Leverage Ahead of Talks Prisonplanet.com
Why Is It Necessary For The Federal Government To Turn The United States Into A Prison Camp?

http://albertpeia.com/usprisoncamp.htm

{ I really must say that this is a tough one because the vast majority of americans are inherently criminal, with the highest crime rates in the world among the so-called ‘civilized’ nations (you can’t count the niggers of sub-saharan africa as civilized, and there’s no question but that the niggers have disproportionately skewed the american crime rates, particularly violent crimes, higher); including, from my direct observation and experience, that within all three branches of the u.s. government. Indeed, the (should be prison) inmates are running this asylum called america. The reality is that there are so many americans that are not in jail who should be in jail, it’s difficult to avoid these harsh third world measures in what has essentially become a third world nation overrun by the most sordid, despicable criminals one can imagine. They must really prosecute the biggest criminals including the oligarchs as, ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat offenders, etc., without exception. The problem with america is not the terrorist threat from without, but rather the plethora of inherently criminal americans within. Moreover, the corruption is pervasive and systemic. Unfortunately, crime pays in america and pays well; and, God help you if you try to live within the law and get in their way or potentially cost them money or some of their illegal business because no one else will. There’s criminal control at all levels of american society. That’s the problem; with the relatively few non-criminally inclined, criminal by complicity inasmuch as americans are for the most part gutless cowards who go along to get along along with a million other excuses, not the least of which is ‘the price was right’. That’s reality! That said, it’s the ‘for or agin’ me primitive mentality that pervades the u.s. government, ‘thought police’, arbitrary powers of detainment, abrogation of first admendment rights, internet intrusion/censorship, arbitrary enforcement of the law, etc., that is and I find particularly appalling, counter-productive, and regressive. There is an element of projection, given some of the evil things the government has done abroad; blowback being not entirely out of the realm of possibility which ultimately is the sad consequence of the worst of human nature which is invariably inclined to go too far in the worst way. The sad fact is that as with any banana republic, the governmental powers that be go to whatever nefarious lengths necessary (control by whatever means, at some level) to unreasonably maintain their access to undeserved power, money, resources, luxuries, etc.,  invariably to the detriment of the vast majority as is so here in america today. There are very few positive things that can be said of america today. I, for one, cannot think of any at all!   [  america, love it or leave it’? Love it? Truth be told, I don’t even like america!  See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm    http://albertpeia.com/fbimartinezcongallard.htm  
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia.com/americangovernmentdrugtrafficking.htm      http://albertpeia.com/americascorruptiondrugtrade.htm   ]  }

 

 

16 Signs That People Are Becoming Stupider

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Drudgereport (Plus): 5-16-12 Obama's budget goes down in flames...
Unanimously rejected by DemSenate...
Fails to get single vote anywhere in Congress...
Even labor unions oppose...
Warning Signs For Obama -- in Wisconsin?
Wall Street goes bearish on stocks
Insiders Cashing Out...
White jogger 'randomly' gunned down in broad daylight...

COPS: May have been gang initiation or dare...

Judge Napolitano: First Patriot To Shoot Down A Government Spy Drone 'Will Be A Hero'...
'VULTURE FUNDS' CIRCLE AS GREECE FEARS GROW...

ABC News Exclusive: Zimmerman Medical Report Shows Broken Nose, Lacerations After Trayvon Martin Shooting {That little (6’3”) thieving nigger was enraged by his being thwarted in his scope-out/plundering of Zimmerman’s neighborhood. Clearly self-defense with wounds consistent with his true story, Zimmerman was fighting for his life and ultimately saved the citizens of Florida from the future costs of the burgeoning violent, thieving typical nigger-criminal trayvon martin.}
Previous:
Holder sues Florida city, says firefight test racist [ Yeah, of course, because dumb niggers can’t read, ‘rite, or do ‘rithmetic! They’re always too busy donning their little hoodies and scopin’ out neighborhoods for their pillaging, plundering, and terrorizing!  ]...
Black mob beats white man unconscious on his front porch...
'Now that's justice for Trayvon' (they shout in crazed nigger fashion)...

DERSHOWITZ BLASTS PROSECUTION: 'NOT ONLY IMMORAL, BUT STUPID'... [ Indeed! And, make no mistake, I never would have thought I’d be agreeing with Alan Dershowitz on anything: http://albertpeia.com/trayvonnewtawana.htm ]

BANG, BANG  ‘…His surprising testimony came the same day that ABC News exclusively obtained a photograph showing the bloodied back of Zimmerman's head, which was apparently taken three minutes after he shot and killed Martin. The photo could give credence to Zimmerman's claim that Martin had bashed his head against the concrete as Zimmerman fought for his life…’

GOOGLE FOUNDERS PLAN SPACE BIZ { Spaced out! The new boondoggle! Clearly, in desperation this must be the NSA (recall that google has that ‘cozy’ relationship with the NSA presumably for your data, searches, activity, etc.) pushing their ‘spread the new propaganda / b***s***’ line, the googleheads their mouthpiece! How totally pathetic! How totally desperate! Unfortunately for them, the writing’s already on the wall; hence, their inconsequential, too little too late, desperation. If this wasn’t so pathetically desperate and tragic, this would be laughable; not to mention the costs relative to benefits and a time horizon sufficient to recoup capital (payback)much less earn a profit – Remember: Decades at best! (I wonder what the insurance premiums alone on this pipedream would be – oh, right, self-insurance). Let’s see where they divert the new boondoggled funds from; stock issue?, taxpayers?, illegal drug trade – strike that as doubtful – they’re the greediest and lack the patience for a drawn out score! Of course the other possibility that begs the typical california question of these california googlers is, ‘what have they been smoking’? http://albertpeia.com/nsawhistleblowerspeaks.htm   }

COPS: Suspect angry over Trayvon Martin death beats up white man...

Obama as a Boy Ate Dog Meat [ And, you can bet there’s canabalism in his line; his father being an african ape nigger and his mother a flaky whore; you know, that typical type that schtooped niggers back in the day! ]...
Obama campaign tries to diversify...
...looking to hire more African-Americans
[ More dead-weight, contentious, unproductive make-shift, make-work, costly welfare job niggers … just what the nation, strike that, wobama campaign needs.]
Farrakhan Warns Whites: 'Unless You Change, Your End Has Come'… [ They call this a self-destructive manifestation of the Oedipal Effect: Goodbye niggers, aka unevolved apes/chimps/monkeys – Your end’s already here!  Your jigs are up, and you boos are down!  Everyone’s onto your nigger jive! Look in the mirror! If only you could change / evolve faster! ] ...
HOLDER PRAISES FELLOW APE SHARPTON, ONE INCOMPETENT NIGGER TO ANOTHER ...

'SECOND DEGREE MURDER'...
'We do not prosecute by public pressure or by petition'[B***S***!]...Tyson on Zimmerman: 'It's a disgrace that man hasn't been shot yet' [ Spoken like the true ape, dumb nigger he is! If he had been an extra in ‘Planet of the Apes’, they could have saved money on make-up / costumes. The reality is, if that were the criterion and rule, given the overwhelming prevalence of black violence, particularly black on white violence, there’d be a lot of dead niggers. Niggers are a scourge wherever they are; a black plague, if you will. The reality is that in this nation, having been overrun by niggers, americans have become the new age dinosaurs. As for tyson, the ugly little monkey that no one wanted, now full-grown angry ape, his IQ is well below the average 100. Ape tyson is just a disgrace, period. He’s a typical ignorant, violent ape/nigger. Life with ape tyson, also a convicted rapist, was described by his then (soon to be former) wife, Robin Givens, in a live televised interview with him present (you can only imagine the unsaid) as ‘hell’. He’s mentally deranged (too many head shots?), but he does profess typical nigger sentiment. (Mike Tyson vs. Robin Givens: … biggest fight | Ebony ... Eight months after Mike Tyson and Robin Givens were married on Feb. ... beatings -- she filed for divorce)

Panthers Call For Violent Revolution, Race War, Bloodshed Against ‘Honkies’ (Video)   Some typical comments: Reply:
April 11th, 2012 at 9:51 pm 11 percent of population and they always have thier hands out begging for more.No matter how much you give them its never enough.Filthy animals is all they are. (Absolutely correct!)
Dandroid Reply:
April 11th, 2012 at 5:47 pm
Show trial to keep the peace? Cities will burn if hes found not guilty!
Startover Reply:
April 12th, 2012 at 12:04 am
Let the cities burn, send the Army in to finish them off
George Zimmerman is totally innocent
Trayvon is a punk ass killer (also a known thief and would be in futuro typical nigger criminal)
There is only one victim in this case and that is Zimmerman
Eduard Reply:
April 11th, 2012 at 7:28 pm
Precisely!! That was my thought. This press release sounded more like a minor league actress thanking everyone at a Grammy Award for her success. Then again, I can’t emphasize enough how despicable the “lawyer” field really is. There is no shame in it. The profession is a giant conflict of interest. Moreover, the rules of lawyer ethics always being pulpitted is nothing more than consumable fodder for the gullible. Ethics and lawyers? Laughable isn’t it? That’s like Lucifer passing out copies of the decalogue. This whole twist to the “mestizo-reported-as-a-white man” Zimmerman case has notched into a renewed effort of politicalization for formenting a racial war. …’ ]
Heroin dealer uses welfare EBT card to post bail [ Yes, he’s a nigger; with unreported cash drug income that gives him welfare as well! ] ...
New Black Panther Party chief of staff apologizes after radio outburst...
'The things that's about to happen, to these honkeys, these crackers, these pigs'...

Black residents fearful after shootings in Tulsa… [ Now they know how the ‘white folk’ feel, everywhere, every day, and the black on white violent crime stats overwhelmingly prove the reality and legitimacy of that concern! Civilized people everywhere are tired of the typical nigger b***s***! ]...
RACE WARS: ZIMMERMAN BREAKS SILENCE...

Family challenges Holder on New Black Panthers...
Hacked roadsign reads: 'Trayvon a n*****'...
CNN says 'f****** n*****' on air...
Anchor: 'N*****' Should Replace 'N-word' in News Reports...

Government Surveillance Crackdown On Internet Goes Into Overdrive...
Congressman fears Obama power grab in 'emergency'...
Fidel Castro mocks Obama over 'guayabera' diplomacy...

Rev. Wright Unleashed: 'White Supremacy' Drives 'World Policy'...
Clarence Thomas Worshipping 'Some Other God'...

REPORT: 'Stunning lack of diversity' in Obama's re-election campaign [ I’d say this is more embarrassing for the self-destructive whites who are for obama; after all, who would be foolish enough to hire the typically uncivilized, problematic, violence / crime prone, etc., blacks? ]  ... { to be fair and balanced, the RICO litigation involves those uncivilized who consider themselves ‘whites’ http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf  (predominantly but not exclusively jews / romans-italians / mobsters / government slugs). }
$1 million pizza party in Detroit -- on sterling silver plates!
WHouse basketballs emblazoned with Obama's image...
HOODIE ON THE HILL...

VIDEO: Dem Rep Kicked Off House Floor... [ Typical noisy nigger in the house of bad black reps. Female members, keep your purses close when ‘bobby bobby r’ is near; the temptation might prove to be too much for his inner rap nigger soul man.  ]
Ex-Black Panther...
Another Says Trayvon 'Hunted Down Like Dog'  [Well, if the shoe fits … but, actually, niggers are more like apes, monkeys that only evolved to a point… and some dog-lovers might be offended by comparing niggers to dogs. ]...
Pentagon unaware of 'secret deal' between Obama, Kremlin ... [ Wobama’s done! Those black niggers have stunk-up the Whitehouse for too long!     http://albertpeia.com/bobobamathetraitor.htm  ]

Black Panthers offer $10,000 bounty for 'capture' of Trayvon Martin's killer … [ who do these filthy niggers think they are? ] Take a look at this nigger who kills a white man during robbery, without any provocation from the victim  ...   http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm
Shooter of Florida teen not a racist, lawyer says...
SECRET WITNESS: Self-defense... [Witness: Martin attacked ZimmermanUpdated: Monday, 26 Mar 2012, 2:57 PM EDT
ORLANDO - A witness we haven't heard from before paints a much different picture than we've seen so far of what happened the night 17-year-old Trayvon Martin was shot and killed.The night of that shooting, police say there was a witness who saw it all.Our sister station, FOX 35 in Orlando, has spoken to that witness.What Sanford Police investigators have in the folder, they put together on the killing of Trayvon Martin few know about.The file now sits in the hands of the state attorney. Now that file is just weeks away from being opened to a grand jury.It shows more now about why police believed that night that George Zimmerman shouldn't have gone to jail.Zimmerman called 911 and told dispatchers he was following a teen. The dispatcher told Zimmerman not to.And from that moment to the shooting, details are few.But one man's testimony could be key for the police."The guy on the bottom who had a red sweater on was yelling to me: 'help, help…and I told him to stop and I was calling 911," he said.Trayvon Martin was in a hoodie; Zimmerman was in red.The witness only wanted to be identified as "John," and didn't not want to be shown on camera.His statements to police were instrumental, because police backed up Zimmerman's claims, saying those screams on the 911 call are those of Zimmerman."When I got upstairs and looked down, the guy who was on top beating up the other guy, was the one laying in the grass, and I believe he was dead at that point," John said.Zimmerman says the shooting was self defense. According to information released on the Sanford city website, Zimmerman said he was going back to his SUV when he was attacked by the teen.Sanford police say Zimmerman was bloody in his face and head, and the back of his shirt was wet and had grass stains, indicating a struggle took place before the shooting.’ ] Trayvon Martin shooter: Teen went for my gun
Hoodie-Wearing niggers Kill 1, Wound 5 in Congressman's District...  http://albertpeia.com/niggersinniggertown.htm  [ 13 shot, 2 dead in Chicago in six hours Thursday night   ]
'There were young men scattered everywhere'... [ http://albertpeia.com/obamaslammedforsilenceonwhitestudentsmurderedbyblack.htm  , http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm , http://albertpeia.com/blackonwhitecrime.htm  , VIDEO: Black Student Becomes Enraged In Evolution Class, Threatens To Kill Professor...  http://albertpeia.com/blackthreatenstokillprofessorstudentsoverhersimianancestry.htm  ,  http://www.albertpeia.com/whitesvictimizedbyblacks.htm   ]

Buchanan: It's all about race now...
NAACP condemns nigger apeman sharpton's call for escalation in civil disobedience...

Talkradio host calls for arrest and removal from MSNBC...
Detroit Preacher: 'Isn't The Mood In This Nation That White People Are Better Than Black? [ That’s not the mood, that’s reality; the plain, raw, unvarnished truth! And, not just whites; viz., Asians, Hispanics, real American Indians,  etc., and most feral beasts except dogs are better than blacks who are at best their equals, though some dog owners/lovers may dispute that. Niggers are a scourge on civilized society wherever they are. Just look around, worldwide, wherever they are, in concentrations particularly; it’s the same nigger story. That’s the way they are. That’s what they are. They are a blight on any neighborhood. They are a blight on any society and an insurmountable burden. They bring any society down. Some will argue, how ‘bout sports?, to which one may reply, ie., just because you go to horse races, doesn’t mean you want to live with horses, or, just because you have monkeys in zoos doesn’t mean you want to live with them, etc., much less cede control and affect over society to them.  ] '

PARENTS OF MURDERED WHITE STUDENTS SLAM OBAMA FOR SILENCE [ Well, they’re just white folk, not niggers like obama et als. Moreover, there would be no end to the limitless requests as ‘black on white violent crime’ is at epidemic levels and by far exceeds the miniscule proportions of white on black crime. http://albertpeia.com/obamaslammedforsilenceonwhitestudentsmurderedbyblack.htm  , http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm , http://albertpeia.com/blackonwhitecrime.htm  , VIDEO: Black Student Becomes Enraged In Evolution Class, Threatens To Kill Professor...  http://albertpeia.com/blackthreatenstokillprofessorstudentsoverhersimianancestry.htm  ,  http://www.albertpeia.com/whitesvictimizedbyblacks.htm   ]
George Zimmerman's father speaks for first time...

Says Trayvon threatened to kill his son...
'You're going to die tonight'...
ABCNEWS: Police video shows no blood...
Large gash on back of head?
POLICE REPORT: Bleeding from nose, head...
Network names 13-year-old witness...
'Plzz shoot da #mf dat lied 2 u!'
@KILLZIMMERMAN TWITTER feed...
First lady hits Vegas with daughters...

FLASHBACK: Obama: 'You can't go take a trip to Vegas on taxpayer's dime'...
10-car motorcade at Mount Rushmore; tourist access restricted during visit...
[ The niggers are forever so ‘in your face’ with their hypocrisy, sense of entitlement, and divorcement from reality; always pushing the bounds of niggerism to contrive an incident / controversy when rational people finally stand up and say ‘wait just one cotton-pickin’ minute’; so outlandish is the typical black jive / nigger b***s***! ]
Holder loses again: Charges against militia members thrown out … [ The corrupt, biased holder should be going after his fellow niggers, the black panthers! ] ...
COPS: Trayvon protesters ransack store … [ Any excuse for niggers to be niggers! ]...

House dems try to politicize...
Zimmerman a registered Democrat...
'You ain't tell me you swung on a bus driver'...
Multiple suspensions from school: marijuana, grafitti, 'possession of burglary tool,' jewelry...
Suspended THREE times for drugs, truancy and graffiti and 'caught carrying a burglary tool': New picture emerges of Trayvon Martin (and did he attack a bus driver too?)

  • The teen was suspended from school three times
  • He was on suspension when he was shot in February, after officials caught him with a 'marijuana pipe' and a baggie with drug residue
  • Trayvon was kicked out of school in October for graffiti after he was allegedly caught with a 'burglary tool' and a bag full of women's jewelry
  • Officials also suspended him once for skipping school and tardiness

·        Trayvon Martin was suspended from school three times in the months before he was shot dead by a neighborhood watchman, it emerged today.

·        The facts, revealed in a leaked report, paint a different picture of a teenager who frequently found himself in trouble with authorities.

·        It was also revealed that he might have attacked a bus driver, according to a Twitter account that it is claimed belonged to the teen.

The Miami Herald claims that in October, he was caught with a 'burglary tool' - a flathead screwdriver - and 12 pieces of women's jewellery. Martin insisted that they did not belong to him.

POLICE: Black teenagers light 13-year-old on fire; 'You get what you deserve, white boy'...
Typical n*****s! Come on! People are tired of making making up excuses for the blacks. It’s always the same story with them, no matter where. http://www.albertpeia.com/whitesvictimizedbyblacks.htm  
http://www.albertpeia.com/whitesvictimizedbyblacks.htm  Drudgereport: 'Mob' beatings at WI state fair...
'Hundreds of young black people beating white people'... [ Typical n*****s! Good thing there are food stamps; otherwise they’d be reverting to their inherent proclivity for canabalism (send them back to africa … even give them a lump sum for an irrevocable repatriation incentive … a huge cost-saving beyond the first year with substantial salutary effects for the nation, the economy, and the remaining civilized non-blacks). The other major crimes they do anyway. It’s their nature. You’ll never change the nigger … they evolved only to ‘a point’ and no further.  ] Fairgoers 'pulled out of cars'... 'They were just going after white people'...  Heightened security...  [ I refrained from using the ‘n word’ (or even blacks / negroes) in referring to the culprits in the following two incidents (those tender sensibilities) but I’m sure you’ve guessed that they were niggers and I include same here in light of the foregoing incident (and yes, the victims were white), which is typical. ‘.. while walking through Military Park (a sliver of a “park” - more a pedestrian thoroughfare/cement walks) in newark, new jersey on the way to the bank during lunch hour, I heard the clearly audible screams/cries of what turned out to be an old lady on the ground with blood streaming from her mouth. I ran toward the sound of the cries, the source of which I could not see because there were so many people in and about this thoroughfare so as to block any vision of the source of the cries. When I came to the woman, on the ground, blood streaming from her mouth, I asked what happened, to which she responded she had been hit in the mouth and knocked to the ground, her purse stolen/put inside her shopping bag, and she pointed out the criminal casually now walking across the main street. Nobody stopped to help her, many having passed her by. I slammed the thug to the ground so hard that, in light of all the blood and confusion (limbic system / adrenalin flow) I thought I had been stabbed (the blood was from his elbows hitting the pavement so hard - no one helped / a crowd gathered / an undercover cop happened along). When I testified at the Grand Jury Proceeding I made sure his threat on my life was set forth in prima facie fashion so as to maximize the DA’s position with both felonies ( he went to prison – pled out ). The other case I wrote about here ( This was included on my website in the Psychology forum discussion of ‘bystander effect’ / diffusion of responsibility. ) - Having had occasion to have run down a mugger in newark, n.j. who apparently had followed a girl from the bank on her way to the bursar to pay tuition, though in pretty good shape, I was astounded by how totally exhausting such a pursuit was, how much like rubber my arms were when I traded punches with the perpetrator, and truth be told, if I had a flashlight on my belt, I have little doubt that I would have probably used it to subdue the perp (a police officer here in California was the object of intense criticism for having used a flashlight to subdue a criminal  / nigger after a long chase so I included that here) . The girl was not that seriously injured, did get her pocketbook and tuition back, and the criminal / nigger went to jail (where they belong). The other thing about such a pursuit that amazed me was that no one else assisted the girl or me despite being in a position to do so. I was also mugged by 4 niggers and 2 hispanics in an incident here in Los Angeles, CA. But, to be fair and balanced, the RICO litigation involves those uncivilized who consider themselves ‘whites’ http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf  (predominantly but not exclusively jews / romans-italians / mobsters / government slugs). ]
Black Serial/Mass/Spree Killer List:
1. Matthew Emanuel Macon (Murdered and Raped 5 White Women in Lansing)
2. Jimmie Reed (Murdered his wife and his 2 month old daughter and set them on fire)
3. Shelly Brooks (Murdered 7 prostitutes in Detroit Cass Corridor)
4. Justin Blackshere (Stabbed two white cooks at Cheli’s Chili downtown Detroit)
5. Jervon Miguel Coleman (Murdered three people.)
6. Donell Ramon Johnson (Murdered a mother and a daughter)
7. Brian Ranard Davis (6 women known murdered by nigger)
8. Paul Durousseau (Seven women)
9. Mark Goudeau “The Baseline Killer” (Eight women and a man in 2005-2006)
10. Coral Eugene Watts (11 women in Texas & 1 in Michigan)
11. Anthony McKnight (Five girls and young women)
12. Derrick Todd Lee (8 Women)
13. Charles Lendelle Carter (4 known murders; admits to ‘hunting’ Atlantans for 15 years!)
14. The Zebra Killings (71 White people)
15. Chester Turner (L.A.s most prolific killer 12 women killed.)
16. Lorenzo J. Gilyard (Kansas City, MO.—13 victims)
17. Eugene Victor Britt (Gary, IN.–3 known murder/rapes.)
18. Reginald and Jonathan Carr (The Wichita Massacre–6 Whites murdered)
19. Ray Joseph Dandridge and his uncle, Ricky Gevon Gray (Richmond, VA.–Murdered 7 people in 7 days, including an entire White family.)
20. The Tinley Park Murderer (Suspect hasn’t been found but has been described as black – murdered 5 women in a store.)
21. Henry Louis Wallace (Raped and strangled 5 women to death.)
22. Charles Johnston (Murdered 3 unarmed white men in hospital)
23. Craig Price (Brutally murdered 3 women)
24. Harrison Graham (Brually Murdered 3 women)
25. Charles Lee “Cookie” Thornton (Murdered 6 Whites at the Kirkwood, MO. city council. )
26. & 27. Darnell Hartsfeld & Romeo Pinkerton (Abducted and Murdered 5 from a restaurant)
28 &29. John Allen Muhammad & Lee Boyd Malvo (Sniped 11 people from a car in DC, 9 died.)
30. George Russell (3 women, WA state)
31. Timothy W. Spencer (5 killed, Arlington, VA and Richmond, VA)
32. Elton M. Jackson (12 gay men killed, Norfolk, VA area)
33. Carlton Gary (3 killed in Columbus, GA)
34. Mohammed Adam Omar (16 women, Yemen. Omar is Sudanese.)
35. Kendall Francois (8 women, Poughkeepsie, NY and surrounding areas.)
36. Terry A. Blair (8 women, Kansas City area)
37. Wayne Williams (33 many of them children!, Atlanta, GA)
38. Vaughn Greenwood (11 killed in LA)
39. Andre Crawford (10 killed in Chicago – southside)
40. Calvin Jackson (9 killed possibley more in NY)
41. Gregory Klepper (killed 8, Chicago – southside)
42. Alton Coleman (Killed 8 in the Midwest)
43. Harrison Graham (killed 7+ in N. Philadelphia)
44. Cleophus Prince (6 killed in, San Diego
45. Robert Rozier (7 killed in, Miami)
46. Maurice Byrd (killed 20 + in St. Louis)
47. Maury Travis (17 and rising, St. Louis and possibly also Atlanta)
48. Hulon Mitchell, a.k.a. Yahweh Ben Yahweh (killed 20+ in Florida)
49. Lorenzo Fayne (killed 5 children in East St. Louis, IL)
50. Paul Durousseau, (killed 6, two of which were pregnant women, Jacksonville, FL; Georgia.)
51. Eddie Lee Mosley (killed 25 to 30 women, south Florida)
52. Henry Lee Jones (killed 4 in, south Florida; Bartlett, TN)
53. Richard “Babyface” Jameswhite (15 killed in, New York; Georgia.)
54. Donald E. Younge, Jr. (killed 4), East St. Louis, IL; Salt Lake City, UT.
55. Ivan Hill (killed 6 in Los Angeles area).
56. Michael Vernon (Bronx, NY. Killed at least seven people – )
57. Chester Dewayne Turner (12 women killed in, Los Angeles)
ARREST MADE IN LOS ANGELES GRIM SLEEPER SERIAL KILLER CASE July 07, 2010 http://articles.cnn.com/2010-07-07/justice/grim.sleeper.arrest_1_lonnie-david-franklin-serial-killer-case-family-members?_s=PM:CRIME  |By Mallory Simon, CNN ‘Authorities in California said Wednesday they have arrested a suspect in the Grim Sleeper serial killer case and will charge him with 10 counts of murder.Lonnie David Franklin Jr., 57, faces an additional count of attempted murder, Capt. Kevin McClure with the Los Angeles Police Department said.Franklin will arraigned in court Thursday morning, McClure said.The California Attorney General's office attributed the arrest to DNA collected from a relative of the suspect, in a controversial and rarely used practice known as familial DNA search.’
Of Course There Are Black Serial Killers by Lynette Holloway on  July 15, 2010 The case of the "Grim Sleeper" inspires a second look at the popular perception that serial killing is the province of clever white men.
Serial Murderers' Row July 16, 2010 The following black men are among the most prolific serial killers in U.S. history. http://www.theroot.com/multimedia/gallery-meet-6-black-serial-killers  Plus: Behind the myth that only white men commit such crimes.
Black Serial Killers Not So Uncommon http://www.amren.com/news/news04/03/03/blackserial.html
200 Involved In Fights At Mall Of America After Rumors That Rappers Are There...

People have become weary of making up excuses for blacks (like obama, holder, etc.). At some point, as now, people should not be timid about relating the cold, unvarnished truth statistically / factually about blacks and, ie.,  black on white violent crime, etc..

 From Pat Buchanan: As for racism, its ugliest manifestation is in interracial crime, and especially interracial crimes of violence. Is Barack Obama aware that while white criminals choose black victims 3 percent of the time, black criminals choose white victims 45 percent of the time? Is Barack aware that black-on-white rapes are 100 times more common than the reverse, that black-on-white robberies were 139 times as common in the first three years of this decade as the reverse? We have all heard ad nauseam from the Rev. Al about Tawana Brawley, the Duke rape case and Jena. And all turned out to be hoaxes. But about the epidemic of black assaults on whites that are real, we hear nothing.

http://albertpeia.com/blackonwhitecrime.htm

VIDEO: Black Student Becomes Enraged In Evolution Class, Threatens To Kill Professor... 
http://albertpeia.com/blackthreatenstokillprofessorstudentsoverhersimianancestry.htm

The reality is that blacks are an insoluble problem wherever they are. That’s not going to ever change; not make-shift/make-work jobs; not programs; not anything tried or to be tried; hence, they must be treated as exactly that – problems – before a solution can be derived and fashioned. ] [ Send the niggers, including niggerbama back to sub-saharan africa! ]

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

http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm

http://albertpeia.com/22signsglobalrecessiondepression.htm 

Seth Klarman On The Absurd Short-Termism Of The Exuberant Rally  { Yeah, as pointed out here, fundamentals should and still matter! } While most of the retail investor's time is (hopefully not) spent watching CNBC propaganda spouted by wannabe traders (mostly asset gatherers as opposed to real return seekers) who sell their $29.95 books on how to be rich in 30 seconds trading the TVIX; some might prefer to listen to the original thoughtful value investor - Seth Klarman. The man whose book 'Margin of Safety' sells for over $1000 (and whose acumen extends for decades) just released Baupost's (his fund) quarterly letter and makes what should be a critical statement for any and every investor to consider when next they hear of quantitative easing prognostications. In two short sentences, Klarman states: "We will not be tempted into making investments based on such absurdly short-term thinking, which sadly still dominates Wall Street. We focus solely on fundamentals. We are comfortable missing out on potentially major rallies if they are based purely on money flows or government action; the risks of engaging in this sort of speculative activity are simply too high." And echoing our thoughts perfectly, "The same low interest rate, deficit-spending driven, leverage-friendly economic policies that fueled the unsustainable conditions that led to the 2008 collapse are with us still."

5-15-12 Why A Greek Exit From The Euro Would Mean The End Of The Eurozone  http://albertpeia.com/endofeurozone.htm  What was considered unthinkable a few months ago has now become probable.  All over the globe there are headlines proclaiming that a Greek exit from the euro is now a real possibility.  In fact, some of those headlines make it sound like it is practically inevitable. , Drudgereport: BANK RUNS HIT GREECE
Merkel and Hollande join forces on Greece...

Europe prepares for 'messy' exit...
Little country threatens big impact...
Italy's banks shaken; Slump deepens...

Zimmerman Medical Report Shows Broken Nose, Lacerations After Trayvon Martin Shooting...

Dave’s Daily: http://www.etfdigest.com  NO STOMACH FOR MARKETS TUESDAY 5-15-12 ‘The rundown from the eurozone is as follows: The bright star is German GDP (EWG) came in better than expected at .5% vs .1% expected. France (EWQ) reported a flat GDP report. Italian (EWI) GDP was -.8% and the Netherlands (EWN) -.2%. In Eastern Europe, Hungary, Czechoslovakia and Romania reported their economies in recession. Spain’s bond prices continued to fall slightly and yields rose. All of this was reported as “better” news even as EWG fell sharply.Meanwhile, back in the U.S. the CPI (if you give it any credibility) was reported as flat, Retail Sales (.1% vs .1% expected & prior .7%) was unremarkable, The Empire State Mfg Survey (17.09 vs 10 expected & 6.56 prior) beat and the Home Price Index (29 vs 26 expected & 25 prior) was positive. Retailers (XRT) will dominate the remainder of the week. Home Depot (HD) reported earnings in-line with expectations and the stock was lower (you must beat) by 2%. J.C. Penney (JCP) just posted a report after the close and they missed badly sending the stock lower in late trading by double digits. The world awaits the Facebook IPO and the buzz is the shares are oversubscribed. At least that was the case until GM announced it was discontinuing its advertising there calling it “ineffective”. That itself may cause an earthquake on the peninsula. The dollar (UUP) continues to gain at the expense of the euro (FXE) as rumors continue to suggest a loss of a few members. Did you know it was occasionally customary for Inuits in Alaska to leave their senior members, thinking them a burden, on an ice floe to die? This may be the way of some eurozone members or maybe even U.S. healthcare….. until we see a blow-off sell day. Current intraday buying is just so much wasted buying power. Bulls are waking out of their blasé slumber to come to grips with what so far is just a correction. But the hard reality seems that global economic news is killing them like a cancer. The best outcome for markets would be for some extended sideways action which in itself is frustrating.Volume continued higher on more selling. Breadth per the WSJ was negative once again. One look at the end of this post at the McClellan Oscillator tells the tale of short-term oversold conditions…’

Is The Pain Over For Bruno Iksil?  Today, for the first time since the advent of the JPM prop trading fiasco last Thursday, the IG9-10 Year skew has diverged, dipping from -3 bps to -5 bps as the index remained flattish while the intrinsics widened by about 2 bps. While hardly earthshattering, this move likely means that either JPM's CIO trading desk is playing possum and is no longer unwinding its original pair trade exposure (either because it no longer has anything to unwind, or because it can't take the pain any more and is out of the market entirely), or the hedge fund consortium has had enough of pushing IG 9 wider in hopes that max pain would force JPM to cover its synthetic leg. As a reminder, this is where last Thursday we said the time to push JPM would likely end. As for the question of how much additional P&L loss JPM has sustained from Friday through today is a different matter entirely, and we are confident the next announcement from JPM will come momentarily, coupled with the announcement that Bruno Iksil, the last remnant of the CIO desk, and now having completed his duty of unwinding the trade that brought so much pain for Jamie Dimon, has been retired. , "The Weight Of The Nation": Documenting America's Obesity Epidemic: Part 2 - Choices , Will America Ever Recover From The Housing Crisis - A Real Estate Infographic Back in March, on the back of the last gasp of yet another central bank-induced sugar high (in this case mostly LTRO 1+2), as well as economic data skewed by record warmth, a plethora of housing bottom callers (we would call them analysts but they are anything but) emerged from their hibernation and did what they do like clockwork every year: called a housing in bottom. Sadly, now that the market has topped out, at least for the current easing iteration, it appears that the housing triple dip as measured by Case Shiller will shortly be a quadruple dip. And so on, and so on, until the question becomes: will America ever recover from the housing crisis. We don't know, but we do know one thing - fixing an excess debt problem with more debt won't work. Period. Yet that is what continues to be the only "policy" in resolving the aftermath of the Great Financial Crisis. For everyone else seeking a more nuanced answer we suggest perusing the infographic below which provides a less jaded perspective and even has a Hollywood conclusion: "The end is on the horizon"... well, a Tarantino-esque conclusion: "...The distant horizon." , Next Stop: …{‘The Weimar Zone’}0 ‘….because his estimate is predicated on one simple thing: hyperinflation, or specifically 12.2% inflation each year, which for a country like America is tantamount to the dreaded H-word. The other premise used by Gijesels: too much debt which has to be inflated. And actually, he is spot on. .. due to money printing, which is his underlying thesis, one will needed scientific notation to express the price of any hard asset (and most certainly gold), because if America falls in a two-decade long Weimar republic phase, the Dow may well be 100,000 or 100 googol - the truth is it won't matter as the money this number translated to would be absolutely meaningless. Just ask the Weimar Germans, who may have had some tremendous monthly increases in their 401(k) statements, but all they really cared about is whether they had the latest and most fashionable wheelbarrow model’ (to cart around the near worthless paper money). ,

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

http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm

http://albertpeia.com/22signsglobalrecessiondepression.htm 

 

Seth Klarman On The Absurd Short-Termism Of The Exuberant Rally  { Yeah, as pointed out here, fundamentals should and still matter! } While most of the retail investor's time is (hopefully not) spent watching CNBC propaganda spouted by wannabe traders (mostly asset gatherers as opposed to real return seekers) who sell their $29.95 books on how to be rich in 30 seconds trading the TVIX; some might prefer to listen to the original thoughtful value investor - Seth Klarman. The man whose book 'Margin of Safety' sells for over $1000 (and whose acumen extends for decades) just released Baupost's (his fund) quarterly letter and makes what should be a critical statement for any and every investor to consider when next they hear of quantitative easing prognostications. In two short sentences, Klarman states: "We will not be tempted into making investments based on such absurdly short-term thinking, which sadly still dominates Wall Street. We focus solely on fundamentals. We are comfortable missing out on potentially major rallies if they are based purely on money flows or government action; the risks of engaging in this sort of speculative activity are simply too high." And echoing our thoughts perfectly, "The same low interest rate, deficit-spending driven, leverage-friendly economic policies that fueled the unsustainable conditions that led to the 2008 collapse are with us still."

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  , [ECRI Stays with Recession Call  New American | The vicious cycle is starting where lower sales, lower production, lower employment and lower income [leads] back to lower sales… http://albertpeia.com/ecricallsrecession.htm  , 5-14-12 JPMorgan Estimates Immediate Losses From Greek Exit Could Reach 400 Billion   Are They Insane? 58 Percent Of Americans Believe Economic Conditions In The United States Will Be Good A Year From Now  http://albertpeia.com/insanelyoptimistic.htm  , If You Live In California Things Just Got A Whole Lot Worse http://albertpeia.com/hopelesscluelesscalifornia.htm  Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm

 

Why A Greek Exit From The Euro Would Mean The End Of The Eurozone

http://albertpeia.com/endofeurozone.htm

 

 

 

 

The Elite Believe That You Are Ruining Their Planet And They Want You To Stop Reproducing

http://albertpeia.com/planetalreadyruined.htm

 

 

 

Drudgereport: 5-15-12 Obama worth up to $10 million...
Has up to $1 million with JPMORGAN...
Stimulus funded erectile dysfunction studies...
POLL: ROMNEY LEADS WITH WOMEN...

WH called out for skipping female reporter at press briefing...

BANK RUNS HIT GREECE
Merkel and Hollande join forces on Greece...

Europe prepares for 'messy' exit...
Little country threatens big impact...
Italy's banks shaken; Slump deepens...

Zimmerman Medical Report Shows Broken Nose, Lacerations After Trayvon Martin Shooting...

Couric gets the princesses...

 

In our 608th issue:

EFF, The Yes Men, and Protesters Fight Secret Negotiations to Regulate the Internet

EFF's International IP Director Gwen Hinze traveled to Dallas this week to demand transparency in the Trans-Pacific Partnership (TPP) Agreement, a secret international trade negotiation that includes provisions to regulate intellectual property and the Internet. She was joined by hundreds of protesters rallying outside the Dallas hotel as well as culture-jamming activist group The Yes Men, who presented U.S. Trade Representative Ron Kirk with the fictitious "2012 Corporate Power Tool Award." Over 18,000 Internet users have used the EFF action center to speak out against the TPP; please help us get to 20,000 by contacting Congress today.

DHS Considers Collecting DNA From Kids

Documents just released by US Immigration & Customs Enforcement (ICE) in response to one of EFF’s Freedom of Information Act requests show that DHS is considering collecting DNA from kids ages 14 and up -- and is exploring expanding its regulations to allow collection from kids younger than that. The proposal appears to be working its way through DHS in the wake of regulations that require all federal agencies to collect DNA from individuals arrested for federal crimes as well as "from non-United States persons who are detained under the authority of the United States," whether or not they have been involved in criminal activity.

Unsealed Court Records Confirm that RIAA Delays Were Behind Year-Long Seizure of Hip Hop Music Blog

After a year-long seizure and six more months of secrecy, the court records were finally released concerning the mysterious government takedown of Dajaz1.com -- a popular blog dedicated to hip hop music and culture. The records confirm that one of the key reasons the blog remained censored for so long is that the government obtained three secret extensions of time by claiming that it was waiting for "rights holders" and later, the Recording Industry Association of America. In other words, having goaded the government into an outrageous and very public seizure of the blog, the RIAA members refused to follow up and answer the government’s questions.

EFF Updates

NY Twitter Decision Fails to Recognize Content and Location Data Require a Warrant

The New York City District Attorney is facing new obstacles in its attempts to subpoena information from Twitter regarding the account of Malcolm Harris, one of the 700 people arrested on the Brooklyn Bridge in an October 2011 Occupy Wall Street protest. Faced with a written order to comply with the subpoena, Twitter filed a motion to quash the subpoena, arguing that complying would violate the law.

EFF to Testify at Hearings on Expanding DMCA Exemptions for Jailbreaking and Video Remixing

Experts from EFF will testify at public hearings held by the U.S. Copyright Office this month, urging officials to renew and expand the critical exemptions to the Digital Millennium Copyright Act (DMCA) that the Copyright Office granted in 2009 in response to EFF's requests to protect the rights of American consumers who modify electronic gadgets and make remix videos.

Oracle v. Google and the Dangerous Implications of Treating APIs as Copyrightable

At stake in the case of Oracle v. Google is whether APIs can be considered copyrightable, which would have a profound negative impact on interoperability, and, therefore, innovation. Allowing a party to assert control over APIs means that a party can determine who can make compatible and interoperable software, an idea that is anathema to those who create the software we rely on everyday.

Drones, Secret Surveillance, and Classifying the Wizard of Oz

EFF follows up on the FAA report showing the names of government agencies which have received authorization to fly drones in the US. Meanwhile, the annual Department of Justice report to Congress shows DOJ applications to conduct electronic surveillance increased in 2011.

Hollywood's Trolls

Our movie industry has created some memorable monsters on screen. But Hollywood and the major music labels also helped create a very real kind of monster: copyright trolls who coerce settlements from Internet subscribers using intimidation and our out-of-whack copyright laws.

DOJ Official: Any Privacy Protection is Too Much Privacy Protection for Cell Phone Tracking

Jason Weinstein, a deputy assistant attorney general in the Department of Justice's criminal division, told a panel at the Congressional Internet Caucus Advisory Committee's "State of the Mobile Net" conference that requiring a search warrant to obtain location tracking information from cell phones would "cripple" prosecutors and law enforcement officials. We couldn't disagree more.

Special 301 Report 2012: The USTR's Bogus List of Countries That "Don't Enforce" Copyrights

The Office of the United States Trade Representative released its annual Special 301 report, a review of other countries’ intellectual property laws and enforcement standards. What’s particularly obnoxious about these reports is that countries are judged on whether they adopt very particular implementations of international legal standards and interpretations of controversial parts of U.S. law that only reflect the interests of intellectual property (IP) rightsholder industries -- not everyday Internet users.

miniLinks

Party Ends Badly for U.S. Trade Reps, Federal Agents

Watch video footage from The Yes Men's organized action against the TPP negotiations, including dozens of "delegates" disrupting the gala event and a whimsical mass toilet paper replacement.

Pay What You Want for Indie Music -- and Benefit EFF!

The Indie Allstars Bundle lets you pay what you want for music from up to 15 indie bands while benefiting EFF.

UK Border Agency ID Card System Crashes

The UK Border Agency turned hundreds of people away from a key office after the major foreign national ID card computer system shut down.

Administrivia

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Back issues of EFFector

 

JPMorgan Estimates Immediate Losses From Greek Exit Could Reach 400 Billion   Are They Insane? 58 Percent Of Americans Believe Economic Conditions In The United States Will Be Good A Year From Now  http://albertpeia.com/insanelyoptimistic.htm  , If You Live In California Things Just Got A Whole Lot Worse http://albertpeia.com/hopelesscluelesscalifornia.htm  Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm  ,  Why Is The Obama Administration Allowing The Chinese Government To Buy Up U.S. Oil And Gas Deposits Worth Billions Of Dollars?  http://albertpeia.com/chinabuyingamerican.htm  , Merkel is Backed Into a Corner… Commit Political Suicide or Bail on the Euro? May 13, 2012 By gpc1981 http://albertpeia.com/merkelpolsuicideorbailoneuro.htm  ,  State Election Defeat Seen as Disaster for Merkel  (WSJblogs) , Greece Can No Longer Delay Euro Zone Exit  It’s Going to Get Harder for Merkel  (Der Spiegel) ,  Newsweek cover: Obama ‘first gay president’ , Must Read: "Another Perspective"  "The Weight Of The Nation": Documenting America's Obesity Epidemic: Part 1 - Consequences , Biderman And Bianco Bury Bernanke's Bond Bull Market Backbone  , Guest Post: JPM Chase Chairman, Jamie Dimon, The Whale Man, And Glass-Steagall  , Moody's Downgrades 26 Italian Banks: Full Report MOODY'S DOWNGRADES ITALIAN BANKS; OUTLOOKS REMAIN NEGATIVE

 

Dave’s Daily: http://www.etfdigest.com  MARKETS CAN’T CLIMB ON ONE WHEEL 5-14-12 ‘Angela Merkel’s party suffered a severe rebuke in local elections to socialists and other left parties. This action demonstrates the tenacity with which the public in the eurozone demands to cling to government benefits versus austerity. It further complicates matters politically for the EMU and previously agreed financial arrangements and commitments. On Saturday, the troika agreed to give Greece an extra year (2015) to reach its budget and deficit goals. This shows weakness. All this means is the eurozone will remain a problem for months and years to come. Clearly, if austerity and reform are off the table then who will pick-up the tab—the Chinese? JP Morgan (JPM) estimated if Greece were to bug-out of the eurozone and their commitments, it would cost the remaining bag holders $500 billion. We see the same conditions in Wisconsin and now California facing a $16 billion budget shortfall. The fight with public unions and other entitlements is only just beginning as current and future benefits are too much to bear fiscally without reform.

As an aside let’s review the reoccurring issues with mega-banks as just happened with JPM. I’ve been writing about the demise of the Glass-Steagall Act (GSA) for a long time. I featured it in my early 2007 book “Create Your Own ETF Hedge Fund” and frequently on ETF Digest. The GSA was made law during the Great Depression. Among other things it separated banks from brokers and federally insured bank deposits (FDIC) to $100K. This had meant banks were restricted in how they dealt with depositor funds which were widely insured by the public. In the late second term of the Clinton administration the law was allowed to lapse. At the core of this demise were a band of brothers (Phil Gramm, Chris Dodd, Alan Greenspan and Robert Rubin) led by Sanford “call me Sandy” Weill. He was the straw that stirred the drink and a major WS wheeler-dealer. It allowed his brokerage firm to merge with Citigroup putting the fox in the henhouse. Others quickly followed suit. It was great (for them) from the get-go but a financial disaster ultimately as the walls separating underwriting and trading from federally insured deposit taking came tumbling down. It created a regulatory mess as a multitude of agencies now had responsibility to oversee these new mega-bank combinations. Regulators were inadequate to the task. When the financial crisis hit in 2008 suddenly trading the public’s money meant the public had to bail out these new mega-banks. Rather than reinstituting various protections of the GSA the government just heaped more regulations atop those that weren’t working anyway. The mega-banks and their congressional allies weren’t about to let the toothpaste be put back in the tube. Therefore, we still have these JPM trading fiascos occurring because there aren’t enough smart (emphasis added) regulators to oversee (herd cats) mega-banks. And, besides if they’re bailed-out once they expect to be bailed-out again..’

 

Merkel is Backed Into a Corner… Commit Political Suicide or Bail on the Euro? May 13, 2012 By gpc1981 http://albertpeia.com/merkelpolsuicideorbailoneuro.htm

 

Why Is The Obama Administration Allowing The Chinese Government To Buy Up U.S. Oil And Gas Deposits Worth Billions Of Dollars?

http://albertpeia.com/chinabuyingamerican.htm

 

 

If You Live In California Things Just Got A Whole Lot Worse

http://albertpeia.com/hopelesscluelesscalifornia.htm

 

Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm

‘Why does the state of California seem to be so incredibly hopeless?  These days California can't seem to do anything right, and if you live in California things just got a whole lot worse. 

Newsweek cover: Obama ‘first gay president’

Drudgereport: 5-14-12 EU ON THE BRINK...
Euro Weakens on Greek Exit Spec...
Big Debt Payment Due Tuesday...
Italian banks DOWNGRADED...

WORLD BRACES FOR EURO SPLIT

CBSNYTIMES POLL: ROMNEY PULLS AHEAD BY 3...
PAUL OUT...

ALERT: Euro Officials Begin to Weigh Greek Exit...

Fear grows of Greece leaving euro...
Will 'run out of money soon'...
Moment of truth...
Euro Parity With the Dollar?
If Greece goes... who and what would be next?
Turmoil boosts London property stampede...
IMF concerned about Kuwait's finances?

CRUSHING DEFEAT...

3 to Exit J.P. MORGAN After Shock Losses...
Dimon Remains...
Obama: JPMORGAN 'One Of The Best-Managed Banks' {by failed president wobama standards which of course is no standard at all}...

Anti-capitalist protesters storm campaign HQ building...

UPDATE: 230,000 unemployed lost benefits over weekend...
CA DOWN $16B...
BROWN WARNS OF BIG CUTS...
'Worst recession since 1930s'...
Obama pushes new billion-dollar stimulus plan...

NBC ADDS SITCOM FROM OBAMA SPEECHWRITER...

 

 WALL STREET DOES BROADWAY’

http://albertpeia.com/wallstreetdoesbroadway.htm

http://albertpeia.com/collapseofderivativesmarket.htm

 

Lot of whistling down there on wall street as ‘WALL STREET DOES BROADWAY’ (not Main Street mind you, they’re for screwin’) … Rogers and Hamerstein to be exact with their recurring theme going thusly:

 

Whenever the frauds on wall street feel afraid,

Their penises get erect (for screwin’ someone other than their deserving selves),

They whistle a happy tune,

So no one will suspect,

They’re afraid.

 

While shivering in their shoes,

They strike a fearless pose,

And whistle a happy tune,

So no one will suppose,

They’re afraid.

 

Yeah, lots and lots of whistling on fraudulent wall street. So uniquely fashioned to their task of obfuscation and fraud, even Humphrey Bogart would have found Lauren Bacall’s instructive direction for same as wanting in comparison (not everyone will get this…famous, but strictly unreal cinematic show biz, not the live fraud biz of wall street fame). I believe much of this soft shoe song and dance was for the ‘benefit’ of european markets which are hopelessly in the throes of their own confrontation with reality, which despite all the whistling is all going to get much worse than feared, fearless poses notwithstanding (see infra).

 

It is here where wobama not doing what he said he’d do last campaign littered with his jive-talking b***s***!

 

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 ) 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

 

Facebook co-founder Saverin renounces citizenship  ,  The 2 Billion Dollar Loss By JP Morgan Is Just A Preview Of The Coming Collapse Of The Derivatives Market   http://albertpeia.com/collapseofderivativesmarket.htm

 

 

The 2 Billion Dollar Loss By JP Morgan Is Just A Preview Of The Coming Collapse Of The Derivatives Market   http://albertpeia.com/collapseofderivativesmarket.htm  ,  http://albertpeia.com/wallstreetdoesbroadway.htm

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 ) Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown. THE OBAMA DECEPTION’  http://albertpeia.com/obamadeceptionhighqualityversion.flv

 

The 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  , [ECRI Stays with Recession Call  New American | The vicious cycle is starting where lower sales, lower production, lower employment and lower income [leads] back to lower sales… http://albertpeia.com/ecricallsrecession.htm  , J.P. Morgan has significant credit portfolio loss May 10th, 2012 by News Breaking…………“Shares of J.P. Morgan Chase & Co. JPM -5.89% dropped after the bank said in a regulatory filing late Thursday it had “significant” mark-to-market losses in its synthetic credit portfolio. Shares fell 4.5% to $38.87 in after-hours activity. In a Securities and Exchange Commission filing, the bank said its synthetic credit portfolio had proved to be riskier and more volatile than expected.”MarketWatch MK comment: Sound familiar? Think Bear Stearns, early 2008. , J.P. Morgan Reveals 'London Whale'-Size Losses , Surprising JPMorgan loss hits stock market late NEW YORK (Reuters) - Stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned investors with news that its chief investment office had incurred "significant mark-to-market losses... , Marc Faber Sees A 1987-Like Crash Approaching Durden"Europe Has Started The Endgame" And Biderman Says "The US Is Next"  , Greece's Jobless Soar By 42% As Unemployment Rises To Record, Industrial Collapse Accelerates

 

 

New Level Of Stock Market Quote Insanity ZeroHedge.com

Facebook co-founder Saverin renounces citizenship

 

The 2 Billion Dollar Loss By JP Morgan Is Just A Preview Of The Coming Collapse Of The Derivatives Market

http://albertpeia.com/collapseofderivativesmarket.htm

Drudgereport:  B A C K L A S H:
POLL (Rasmussen): ROMNEY 50% OBAMA 43%...

Stocks Worst Week of Year...
JP MORGAN Dimon: 'We Screwed Up'...
$2 Billion Loss...
Credibility at stake...
Fed 'Investigates'... { Riiiiight! Nothing to worry about now, the fraud inducing failed fed’s on the job! NOT! Worry! Really worry! Much worse to come!  http://albertpeia.com/fedponzifails.htm    http://albertpeia.com/fraudulentfedhasfailed.htm 

MSNBC Anchor Cuts off Contributor's Mic over Romney Defense...
'You're in my house, now'...

CLINTON: O'S AN 'AMATEUR'...
BOOK: Bill urged Hillary to quit Cabinet, run in primaries...
Obama's Own Doctor Slams ObamaCare as 'Failure'?
BEACH BOYS SINGER: 'Obama's a Socialist A**hole'...
FACEBOOK CO-FOUNDER GIVES UP U.S. CITIZENSHIP BEFORE IPO...

Talkradio host found shot to death inside home... { This is jersey! This could be anything from a mob hit to random, pervasive violence, etc. }

Police Sent To Collect Overdue Library Books From 4-Year-Old Girl...

Shopping Mall Requires Teens To Be With Parents After 6 PM...

Chicago Officials Ban Food, Drinks, Backpacks On City Trains...

NSA, GOOGLE SPY TIES 'CAN REMAIN SECRET'

GOOGLE starts mapping indoor locations!

Air Force Document: Drones Can Be Used To Spy On Americans...

 

 

 

A Chinese Group Plans To Construct A 200 Acre "China City" In Michigan

http://albertpeia.com/chinamerica.htm

Drudgereport: Obama: 'Sometimes I Forget' Magnitude of Recession…{ Oh! How conveniently forgetful, though the vast majority of americans don’t have wobama’s luxury of feigned amnesia suffering from what wobama did and didn’t do contrary to promises last time around the perpetual campaign trail littered with his typical jive-talking b***s***! The following headline will help him remember some of his sordid, pot-clouded high school past! }...
FLASHBACK: Obama's Sordid High School Past...
By Ben Shapiro ‘While the Washington Post has been diligently digging into relatively innocent high school pranks by Mitt Romney, they’ve spent the last few years diligently ignoring President Obama’s far more controversial high school days.Obama, by all accounts, was a habitual drug user in high school. He tried cocaine, he admits in Dreams From My Father; he “tried drugs enthusiastically.” The Chicago Tribune reported back in 2007 that Obama thanked the “Choom Gang” in his high school yearbook; “chooming” was Hawaiian slang for smoking pot. The Honolulu Advertiser reported that Obama’s senior portrait “prominently displayed … A package of ‘Zig-Zag’ rolling papers and a matchbook.” One of Obama’s close friends was arrested for drug possession during high school.In his memoir, Obama talked about routinely getting high. “Junkie. Pothead,” he wrote. “That’s where I’d been headed: the final, fatal role of the young would-be black man.” But, according to Obama, he only got high because he was contemplating deep matters: drugs could “push questions of who I was out of my mind.” Obama told students in 2007 that this activity constituted “goofing off” and “wasting time”:"I will confess to you that I was kind of a goof off in high school as my mom reminded me," Obama said. "I went to high school in Hawaii, so there's a lot of opportunity to goof off because the weather is really good all the time …"You know, I made some bad decisions …. You know, got into drinking and experimenting with drugs. There was a whole stretch of time where I didn't apply myself. It wasn't until I got out of … high school, and went to college that I started realizing, man, I wasted a lot of time.”The New York Times, however, went out of its way to find Obama’s classmates to testify that drugs played only a “bit part” in Obama’s youth. Yet Obama would later brag on the campaign trail that he “inhaled frequently … that was the point.”During his high school years, Obama hung out with communist radical Frank Marshall Davis; in 2007, the Los Angeles Times reported that during his high school days, “he felt the first stirrings of anger toward whites. He says he also delved into black nationalism.” He was “offended or even enraged when white classmates adopted black street slang or revealed their underlying consciousness of his race by going out of their way to tell him how much they admired a black musician or athlete.” This activity is certainly more reflective of Obama’s ideological history than Mitt Romney’s pranks on teachers and fellow students. And as for the drug use – well, that seems just a bit more serious than walking a teacher into a door or cutting a student’s hair. But leave it to the Post to ignore or downplay all of that in favor of continuing stories about Romney’s dog, his high school hijinks, and whatever other nonsense they can use to protect President Obama from his own incompetence.Ben Shapiro is Breitbart News Editor-at-Large.  Follow him on twitter @benshapiro.
Cracks in the Washington Post story on Romney’s ‘pranks’ emerge
Correction Request: Washington Post Uses Falsehood in Romney Hit Piece
Media Downplays Obama's Past, Tries to Define Romney with Teen Prank
If we're going to delve deep into a candidate's past, let's delve deep into a candidate's past. Here's Obama in his own words admitting to physically shoving a little girl named Coretta. Yes, it was at this moment that the first shot in the War on Women was fired.http://albertpeia.com/obamashovesgirl.png

 No doubt that after expending all that energy bullying an innocent little girl, young Obama readied himself for round two by eating a Golden Retriever. More on this breaking story here.If you're wondering what the rules are regarding a candidate's past; how far back we're allowed to go in an attempt to define them -- the answer is simple: the corrupt media will let us know.
Washington Post Disgraces Itself By Targeting Romney's 'Anti-Gay' High School Pranks
Obama WILL NOT pursue gay marriage as part of party platform...
STONE: 'Playing a cruel and cynical game'...
Unites Republicans?New Black Panther Niggers Plan Newspaper Cover With Zimmerman In Noose { and civilized people everywhere should respond with niggers in nooses and contributions to the Klu Klux Klan! } ...
LOONEY CLOONEYLAND: BIG CAMPAIGN BOXOFFICE FOR NIGGERO – Meanwhile, looney clooneyland ain’t doin’ so well with the niggero model – see next headline! ...
Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htmPostal Service loses $3.2b in first quarter...78% of California 8th graders fail national science test...

http://albertpeia.com/impeachobama.htm

 

3.6 Million Taxpayer Dollars Being Used To Support The Lavish Lifestyles Of Former Presidents Such As Bush And Clinton  http://albertpeia.com/nothingsucceedslikefailureinamerica.htm  , Guest Post: Obama Embraces Gay Marriage Durden ‘I’m in favour of consenting adults being able to do whatever they like with each other, but the fact that the current push for gay marriage is supported by Lloyd Blankfein and Goldman Sachs makes me very suspicious (does he want to sell securitised gay marriage debt?). It just seems like an easy issue for Obama to posture on, while trampling the Constitution into the dirt. When it comes to civil liberties, Obama has always talked a good game, and then acted more authoritarian than Bush. He talked about an end to the abuses of the Bush years and an open and transparent government, yet extended the Fourth-Amendment-shredding Patriot Act, empowered the TSA to produce naked body scans and engage in humiliatingly sexual pat-downs, signed indefinite detention of American citizens into law, claimed and exercised the power to assassinate American citizens without trial, and aggressively prosecuted whistleblowers. Under his watch the U.S. army even produced a document planning for the reeducation of political activists in internment camps. Reeducation camps? In America? And some on the left are still crowing that talking about being in favour of gay marriage makes him “pro civil liberties”? Is this a joke? , Obama criticizes Romney as 'backwards on equality' President Barack Obama wasted little time casting Republican rival Mitt Romney as "backwards on equality" on Thursday, eager to transform his historic embrace of same-sex marriage into donor... { Except that wobama’s been as he puts it, backwards on equality until one day ago when he embraced same sex marriage for election-year expedience in desperation after opposing same for years; and, don’t forget, despite promises to the contrary, no prosecutions for the big frauds on wall street who remain in wobama’s monkey-eyes more equal than others. The wobamas, wobama, stand for nothing whatsoever and are just a pair of grifters who make the entire nation, if not the world, look dumb and foolish! } , Millions Of Illegal Immigrants Are Using A Massive Scam To Get Bigger Tax Refunds Than You Are  http://albertpeia.com/illegalimmigranttaxscam.htm

 

11 Quotes That Show How Worried The Financial World Is About Europe Right Now  http://albertpeia.com/financialworriesabouteurope.htm   ‘…The following are 11 quotes that show how worried the financial world is about Europe right now....

UN: Mt. Rushmore Should Return to Native Americans  { It’s truly hilarious how jones et als attempt to spin the fundamental, historical truth of inherent american criminality into some grand elitist conspiracy from without. Yet, the reality of within speaks for itself; and, I’ve seen inherent american criminality first hand, which inherent traits are at the core of virtually all jones et als posit as fatally problematic for the nation. I am smart, tough, and know the law; and, I have seen american inherent criminality, corruption, despoliation up close and personal, first hand, and know what ‘is’, is (then there’s also the plethora of observable, empirical data that even the blind couldn’t ignore):

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf      
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm   
http://albertpeia.com/fbimartinezcongallard.htm  
http://albertpeia.com/americangovernmentdrugtrafficking.htm    
http://albertpeia.com/americascorruptiondrugtrade.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm   

24 Facts That Prove That America Is A Nation Of Slobs
http://albertpeia.com/24factsproveamericaanationofslobs.htm 
}

 

Extraordinary popular delusions and the madness of machines  http://albertpeia.com/madnessofmachines.htm

INFOWARS.COM http://www.infowars.com On the Wednesday, May 9 edition of the Alex Jones Show, Alex talks with Douglas J. Hagmann, founder and director of the Northeast Intelligence Network. He is also the CEO of a private investigative agency serving a roster of Fortune 500 clients. Due to his expertise in covert surveillance and counter-terrorism, Mr. Hagmann has been used as an operational asset by the U.S. Department of Justice, the FBI, as well as the Pennsylvania and New York State Police agencies. Earlier this month, Doug said high-level, reliable sources told him the Department of Homeland Security is preparing for “massive civil war” in America as a result of a collapse of the dollar and the hyperinflation that will result. Alex also continues his coverage of the Army's re-education camps and the upcoming Bilderberg confab in Virginia.

 

24 Facts That Prove That America Is A Nation Of Slobs

http://albertpeia.com/24factsproveamericaanationofslobs.htm

 

 

 

Drudgereport: 5-09-12 Fed clears China's first US bank takeover...

324,000 Women Dropped Out Of The Labor Force -- In Last 2 Months!

EVOLUTION: OBAMA NOW BACKS GAY MARRIAGE…       [ Well, with some frolicking documented coicaine/gay sex romping in his past, he’d be hard pressed not to. Interestingly, Clit Eastwood has come out in favor of gay marriage saying he doesn’t give a f**k… good for you Clit; spoken like a true egalitarian. Truth be told, I always liked those spagetti westerns that put him on the map; his own ‘Pale Rider’, particularly; and of course, the ‘Dirty Harry’ series. Aside from that, I find him/his films boring, shallow, and plebian beyond tears; hardly the philosopher king. Yet, I also don’t give a f**k regarding gays living their lives as they wish, with full constitutional protections consistent with their presumed law-abiding lives, particularly in a world like this, such as it is. But, that doesn’t mean the ‘state’ must get behind (no pun intended) same. There are few if any legal statuses that can’t be achieved through legal document, ie., adoptions, trust beneficiaries, etc.. Marriage, procreation, the province of a man/woman relationship has always been a given. Also interesting was the take on same by reknown Psychiatrist Maslow (his famed, laudable work regarding hierarchy of needs, etc., needs no introduction) who wrote and posited that homosexuality was physically, anatomically contraindicated. Again, let me reiterate a live, let live position while cautioning against the state getting behind (again, no pun) same and potentially giving young, pubescent, impressionable boys the idea that penises were made for male a**holes and not female vaginas. ] ...  OBAMA ADMITS FABRICATING GIRLFRIEND IN MEMOIR { Latent gay man obama -  ...   Barack Obama: The Naked Emperor Shocking but true revelations from David Icke| ..Obama is just more of the same, a big smile with strings attached, and controlled completely by those that chose him, trained him, sold him and provided his record funding, kept his many skeletons under wraps, like the gay sex and crack cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to be with your Presidential camp, who is alleged to claim that someone claiming to represent me called asking for $100,000, to keep me from coming forward about our (Obama and I) November 1999 encounter of sex and cocaine use?), ... Obama is just another Banksters' moll prostituting himself .., and that's why he supported the grotesque bail-out of the banking system and why he will always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv   }
OBAMA NOW BACKS GAY MARRIAGE
Raises $1 Million in 90 Minutes...
GAWKER: Bulls**t Announcement...
LAWYER: MORE Travolta accusers coming forward...

 

5-08-12 GALLUP: ROMNEY RETAKES LEAD...
UPDATE: Empty seats haunt Obama...

 

Obama’s DOJ And Wall Street: Too Big For Jail? Forbes | Why has no one on Wall Street been charged with financial fraud despite Obama’s Financial Fraud Task Force {and previous campaign promises}? ,  The Countdown To The Break Up Of The Euro Has Officially Begun  http://albertpeia.com/countdowntoeurobreakup.htm  http://albertpeia.com/wherehaveallthetaxdollarsgone.htm  , Officials: Al-Qaida underwear bomber worked for CIA ,  After The Government Microchips Our Soldiers, How Long Will It Be Before They Want To Put A Microchip In YOU   http://albertpeia.com/governmentchippinaway.htm

 

 

Dave’s Daily: http://www.etfdigest.com TWO WAY TUESDAY MARKET ACTION 5-8-12 ‘Markets were selling off hard most of the day on lingering doubts about the fate of the eurozone amid Greece, France and Spain. After hitting some support levels markets rallied sharply into the close led by (ahem) the reliable 2:15 PM Buy Program Express… Familiar suckers’ rally into the close off lows to keep suckers sucked in!   This is an especially great opportunity to sell / take profits! Corporate insiders are selling like there’s no tomorrow http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htmREMEMBER: SELL IN MAY AND GO AWAY!   

 

 

The Countdown To The Break Up Of The Euro Has Officially Begun

http://albertpeia.com/countdowntoeurobreakup.htm

 

 

After The Government Microchips Our Soldiers, How Long Will It Be Before They Want To Put A Microchip In YOU

http://albertpeia.com/governmentchippinaway.htm

 

 

 ‘Where have all the tax dollars gone, long time passing’?   http://albertpeia.com/wherehaveallthetaxdollarsgone.htm

 

The 25 Biggest Defense Companies In America

Eloise Lee and Robert Johnson | Mar. 13, 2012


President Eisenhower warned of the rise of the military industrial complex in his 1961 farewell address…’

 

Five Reasons For Caution In US Equities  While there may be a plethora of geopolitical reasons to be 'cautious' of getting over your skis in US equities, there are a number of more quantifiable reasons for not buying-the-f##king-dip here. Between the sustainability of US earnings and the sell-in-May mantra, we highlight five foods-for-thought before you push all-in this morning. , Guest Post: Global Reality - Surplus Of Labor, Scarcity Of Paid Work , Will Equity Investors Never Learn? Presented with little comment except to note that just when you thought a sense of reality had returned (and Treasuries and stocks re-coupled), equities feel the need to hype once again - fool you once shame on you, fool you the 50th time and we give up. , US Equities Ignoring US Sovereign Risk Warning , Is Obama Negotiating A Treaty That Would Essentially Ban All "Buy American" Laws? http://albertpeia.com/wobombanation.htm , Debt Serfdom in One Chart  http://albertpeia.com/debtserfdom.htm  , Soylent Pepsi is People  http://albertpeia.com/soyentpepsi.htm Infowars.com | Ground up dead baby fetuses… just business as usual. {  Well, let’s not kid ourselves; there’s likely canabalism in wobama’s line! How totally disgusting. I’ll never drink pepsi ever again! }. , Do What Buffett Says, Not What He Does , Greek Bonds Monkeyhammered As Hedge Funds Slash Hands Catching Falling Knives , Guest Post: The Treasury Bubble in One Graph , And Back To Euro-Math: Up To €210 Billion Funding Shortfall For Spanish, Italian Banks In 2012 , Overnight Sentiment: Clutching At Straws

 

 

Will Equity Investors Never Learn? Presented with little comment except to note that just when you thought a sense of reality had returned (and Treasuries and stocks re-coupled), equities feel the need to hype once again - fool you once shame on you, fool you the 50th time and we give up.

Five Reasons For Caution In US Equities 

 

 

Five Reasons For Caution In US Equities  , Is Obama Negotiating A Treaty That Would Essentially Ban All "Buy American" Laws? http://albertpeia.com/wobombanation.htm , Debt Serfdom in One Chart  http://albertpeia.com/debtserfdom.htm  , Soylent Pepsi is People  http://albertpeia.com/soyentpepsi.htm Infowars.com | Ground up dead baby fetuses… just business as usual. {  Well, let’s not kid ourselves; there’s likely canabalism in wobama’s line! How totally disgusting. I’ll never drink pepsi ever again! } , Two Charts Exposing America's Record Shadow Welfare State  , And Back To Euro-Math: Up To €210 Billion Funding Shortfall For Spanish, Italian Banks In 2012 , Overnight Sentiment: Clutching At Straws

 

 

Soylent Pepsi is People  http://albertpeia.com/soyentpepsi.htm Infowars.com | Ground up dead baby fetuses… just business as usual. {  Well, let’s not kid ourselves; there’s likely canabalism in wobama’s line! How totally disgusting. I’ll never drink pepsi ever again! } . Is Obama Negotiating A Treaty That Would Essentially Ban All "Buy American" Laws?

 

http://albertpeia.com/wobombanation.htm

Ron Paul Could Still Win Enough Delegates To Deny Mitt Romney The Republican Nomination

http://endoftheamericandream.com

 

http://albertpeia.com/notgoingtohappen.htm

 

{  First, let me say at the outset, that if Ron Paul’s grandmother had had wheels, she’d have been a trolley car. Not going to happen! Second, I include this article on my website as a matter of first amendment principle, encouraged by the authors of their website so to do. Third, and most important, it doesn’t matter what Ron Paul does at this point. He’s totally irrelevant as he’s proven over and over again to be at the end of an atypically grueling primary campaign. Quite simply, with plenty of opportunity to do so, Ron Paul never resonated with the primary voters of his own party, which party he himself chose. In a general election, Ron Paul would be lucky to get (probably the low end of the range of) 15%-25% of the vote. Remember: we’re not talking about a high school debate here, but rather an american general election with all its faults. There isn’t one vote that potentially goes to the failed president obama that couldn’t/wouldn’t as likely go, and upon reflection with rationality the criteria would go to Mitt Romney. Obviously, that’s clearly not the case for Paul. Wobama‘s a jive-talking loser who failed to do what he said he’d do last time around which we now know if he had done this nation and the world would be in a better position this day. Mitt Romney really wants to be President, which of course is not the decisive test. He’s smart enough, and flexible enough (which set up the primary battles to follow) to be President of all the nation. He wanted it, fought for it, and has earned it. At the age of 77, one could only at best say of Ron Paul that he should have started sooner. At worst, given that Paul’s chosen defacto to favor the side of collectively the losers for the proven loser, the mentally troubled b***s*** artist obama; which then makes him no more than a loser himself, and an embittered, senile old man at that. I side with the former missionary, President Mitt Romney and First Lady Ann who I congratulate for their victory in what I further believe will be a blowout victory in November.  }

 

"Shattering The American Dream": The US Government’s Ponzi Scheme Tyler Durden 5-4-12 While Larry Kotlikoff was markedly pessimistic in the past (as we noted here just over a year ago), it seems it was a dress-rehearsal to his latest evisceration of what he now calls the US Government's Ponzi Scheme. In a recent VoxEU article on America's "fiscal child abuse", Kotlikoff and two colleagues demolish the idea of sustainability of government finances and how well off younger generations will be compared with their parents. The game is close to over and for today's children, the American dream will be just that - a dream! , Santelli On Propaganda And Ostrich Economics Everyone's favorite Chicago-ite, Rick Santelli, once again presents himself as the truth-teller-in-chief on the propaganda channel. This morning's dismal jobs data but utopian reporting of the improvement in the headline unemployment rate appears to have hit a nerve. Santelli takes on just how bad the employment picture really is, how mainstream media practices 'Ostrich Economics', and finally how nothing is deemed important to most politicians except who is to blame. One of Rick's best as perhaps CNBC has been looking at its ratings and realizes investors want the truth not the spin. , Guest Post: Debt Serfdom In One Chart Bottom line: financialization and substituting debt for income have run their course. They're not coming back, no matter how hard the Federal Reserve pushes on the string. Both of these interwined trends have traced S-curves and are now in terminal decline: Those hoping the economy is "recovering" on the backs of financial speculation/ legerdemain and ramped up borrowing by the lower 95% will be profoundly disappointed when reality trumps fantasy. , People Not In Labor Force Soar By 522,000, Labor Force Participation Rate Lowest Since 1981

 

The Two Scariest Charts From Today's NFP Report, Or The Real "New Part-Time Normal" , Real U-3 Unemployment Rate: 11.6% Propaganda unemployment rate: 8.1%; Real unemployment rate: 11.6%. Reason for difference: organic growth of labor force which grows alongside the broader population. Don't be confused by cheap explanations on TV why the labor force should be declining (especially with ZIRP meaning pre-retirement workers have to stay in the labor force ever longer to supplant their meager fixed income): the widely accepted definition of the labor pool, that used by the CBO and all other government forecasting agencies, assumes a 90,000 growth in the labor force every month as it has to keep in line with the growth of the US population! The implication is simple: using a real labor force participation rate long-term average of 65.8%, the real unemployment rate in April was 11.6%, based on the 5.4 million additional workers that should be counted as part of the U-3 which then means that the real number of unemployed is not 12.5 million but 17.9 million, which in turn implies a 11.6% unemployment rate in the US. This also means that the spread between the propaganda, and the real number is now 3.5%: the most it has been since the early 1980s.

 

 

 

RT | A new Department of Defense document has been leaked to the Web that details “Internment and Resettlement Operations.” Some pictures for the past quarter http://albertpeia.com/42712pics.gif

 




Obama Mentor Wanted Americans Put In Re-Education Camps

Paul Joseph Watson | Weather Underground terrorist planned to incarcerate 25 million U.S. citizens.

 

Yes, The Re-Education Camp Manual Does Apply Domestically to U.S. Citizens

Paul Joseph Watson | The time for denial is over.

 

 

Crooks and Criminals in High Places with Gerald Celente

Prisonplanet.com | Alex talks with trend forecaster Gerald Celente.

 

 

Alex Jones: Pentagon prepares re-education camps for political activists

RT | A new Department of Defense document has been leaked to the Web that details “Internment and Resettlement Operations.”

 

Leaked U.S. Army Document Outlines Plan For Re-Education Camps In America

Paul Joseph Watson | Political activists would be pacified to sympathize with the government.

 

 

Drudgereport:  5-04-12 UN: USA should return stolen land to Indian tribes...

Anemic jobs data hit Obama launch; Official campaign starts under shadow...
Labor Force Participation Lowest Since 1981...
Disability applications soar...
Gloom builds for euro zone, United States..
Oil Prices in Free Fall as Worries Spur Selling...

Paul Ryan: Obama's 'Julia' website 'creepy' and 'demeaning'… {Ryan forgot to say ‘pathetic’!}...

 

 

Eric Holder To Be Held In Contempt Of Congress?

http://albertpeia.com/ericholderincontemptofcongress.htm

While normally we stay away from outright political commentary especially of the kind that has no direct relation to finance or the economy, the fact is that if the US had a functioning, uncompromised, uncorrupt, and effective Justice Department, much of what we see every day on Wall Street would be vastly different since if crime did indeed have punishment, then a vast portion of the questionable behavior that is exhibited by financiers would have been eliminated long ago. Which is why we find the news just released from The Hill that "Rep. Darrell Issa (R-Calif.) has circulated a draft copy of a resolution that would hold Attorney General Eric Holder in contempt of Congress" particularly relevant. For it is none other than Holder's complete lack of involvement and intervention to outright daily crimes conducted in the financial world that is as much a reason for the deplorable economic state of this country and the world, as are all those other factor extensively discussed in books and documentaries each and every day.

Why You Shouldn't Trust Tomorrow's BLS Number

While much has been written on the revisions, adjustments, and just-plain-guesses that make up the BLS' non-farm-payroll data, the frustration levels are building in the Bay Area as Charles Biderman provides the most in-depth discussion of why we need a better press corps. The simple truth, as Charles notes, is that even the BLS doesn't believe its own hype (in its footnotes) and while mainstream media and talking heads will quote the unemployment rate or NFP change as if it was transcribed by the hand of God, it is in fact an extremely ill-formed, very narrow survey with such huge statistical noise as to be entirely useless. However, while every human should watch this brief clip before buying that 100-lot ES milliseconds after the release tomorrow, we suspect, as usual, it will be algos-gone-wild no matter how many sigma we beat or miss.

 

There Are 100 Million Working Age Americans That Do Not Have Jobs

http://albertpeia.com/100millionworkingageamericansdonthavejobs.htm

 

16 Signs That People Are Becoming Stupider
http://albertpeia.com/16signspeoplebecomingstupider.htm 

The Fed and the ECB’s Hands Are Politically Tied… Bye Bye Market Props

May 4, 2012 By gpc1981  http://albertpeia.com/sharpcorrectioncoming.htm

 

 

Merkel’s In Hot Water… So No More Bailouts… Sorry Spain

May 3, 2012 By gpc1981   http://albertpeia.com/merkelsinhotwaternomorebailouts.htm

 

 

USA #1? 40 Embarrassing Things That America Is The Best In The World At  http://albertpeia.com/40badthingsusabest.htm  , They Love Death  http://albertpeia.com/theylovedeath.htm

What can the Federal Reserve do? With the U.S. economy at risk of a double-dip recession, the central bank lacks tools to do anything. (Washington Post) [ Oh I’d say they’ve done quite enough … wouldn’t you? … Is Bernanke Failing His Fed Mission Or Just Delusional? at Forbes Robert Barone [ How ‘bout both! I mean, come on! This catering to fraudulent wall street was a loser ab initio! That so-called ‘wealth effect’ market froth was used previously by senile ‘maestro’ greenspan and failed miserably except for the frauds on wall street who commissioned up and down; and, make no mistake, those computer-programmed high-frequency trading volumes have now been maximized for nation-economy-draining profits for the frauds like never before and have never been higher. The QE and dollar-debasement policies were always predictably inflationary, ultimately hyperinflationary, particularly for stocks; that ‘feel good’ obfuscation that was but in reality good only for the frauds on wall street. No, there is no modern day alchemy that spins worthless paper into gold except fraudulently for the frauds on wall street who’ve literally oftimes done exactly that; ‘cashing out’ for hard currency and gold, precious metals, at everyone else’s expense including main street. ] In his June 7 speech, Fed Chairman Ben Bernanke stated, “the best way for the Federal Reserve to support the fundamental value of the dollar in the medium term is to pursue our dual mandate of maximum employment and price stability, and we will certainly do that.”

.. Bernanke’s results .. since Ben took the reins:

Feb ’06 – April ’11

Items in a Typical Budget

% Change

Food and Beverages

16.54%

Water and sewer and trash collection services

31.88%

Rent of primary residence

13.82%

Housing

8.68%

Fuels and Utilities

11.93%

Apparel

4.83%

Medical Care

20.11%

Gasoline (all types)

65.12%

Transportation

23.36%

Tuition, other school fees, and childcare

29.28%

Recreation

2.87%

 ..  The standard unemployment rate most often used by the Fed is currently at 9.1%, up 90% since Bernanke started.  The more inclusive (realistic) U6 number stands at 15.8%, up 75% in the same period.  The Civilian Participation Rate has declined 2.87% to 64.2%.

This is the lowest level the U.S. has seen since March, 1984.  The decline amounts to 8,946,844 fewer Americans in the labor force.  Had they not dropped out because of a lack of jobs, the “official” unemployment rate would be significantly higher.  While we can debate the meaning of the term maximum employment, it is clear that the jobs data has deteriorated considerably since Bernanke took the reins at the Fed.  ..

In conclusion, it is evident that Ben Bernanke is failing his mandates.  We believe it must come down to one of the following reasons:

1.       Bernanke does not know how to achieve his mandates;

2.       The policy tools employed don’t work;

3.       He does not have the ability to implement policies that would work;

4.       He is not trying to achieve his mandates;

5.       He has goals other than his legal mandates;

6.       He does not look at the data, and believes he is succeeding.

Matt Marcewicz &  Robert Barone, Ph.D.

.. ‘

Drudgereport: UPDATE: Arrest made in black-mob attack on whites...
Romney team sees path to winning presidency…{Indeed! Congratulations President Romney and First Lady Ann!} ...

Americans flee banks for home safes {Sounds like a plan!}...

Young Italians flock to become shepherds...
Spain's poorest region suffers 32% unemployment...

UPDATE: Russia threatens to strike NATO missile defense sites… { And, they mean it! Why? Potentially, the same would remove the mutually assured destruction (MAD) deterrent; and hence, is construed as a provocative, offensive gambit. Folks, at this point particularly (remember: decades at best), but at any point, such attempts to remove such destructive balances as deterrent is foolish to the point of being construed as insanity. As stated in that film of the aposite name ‘War Games’, ‘best not to play!’ } ...

Student's ordeal in DEA jail sparks outrage...

Chinese Activist Makes Plea to U.S. Congress...
Obama under fire... {While there’s plenty of deserved criticism for wobama, on a multitude of issues, and should indeed be voiced by a multitude of people; smith of pervasively corrupt, mob infested/controlled jersey is not one to be doing the criticizing. As with america generally, there is certainly nothing positive that can be said of the sordid state of new jersey!}

BLIND CHINESE ACTIVIST: THE PERFECT NEW AMERICAN CITIZEN – DOESN’T KNOW ANYTHING ABOUT AMERICA AND HE IS BLIND!  US Using Staged “Blind Activist” Stunt For Leverage Ahead of Talks Prisonplanet.com
Why Is It Necessary For The Federal Government To Turn The United States Into A Prison Camp?

http://albertpeia.com/usprisoncamp.htm

{ I really must say that this is a tough one because the vast majority of americans are inherently criminal, with the highest crime rates in the world among the so-called ‘civilized’ nations (you can’t count the niggers of sub-saharan africa as civilized, and there’s no question but that the niggers have disproportionately skewed the american crime rates, particularly violent crimes, higher); including, from my direct observation and experience, that within all three branches of the u.s. government. Indeed, the (should be prison) inmates are running this asylum called america. The reality is that there are so many americans that are not in jail who should be in jail, it’s difficult to avoid these harsh third world measures in what has essentially become a third world nation overrun by the most sordid, despicable criminals one can imagine. They must really prosecute the biggest criminals including the oligarchs as, ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat offenders, etc., without exception. The problem with america is not the terrorist threat from without, but rather the plethora of inherently criminal americans within. Moreover, the corruption is pervasive and systemic. Unfortunately, crime pays in america and pays well; and, God help you if you try to live within the law and get in their way or potentially cost them money or some of their illegal business because no one else will. There’s criminal control at all levels of american society. That’s the problem; with the relatively few non-criminally inclined, criminal by complicity inasmuch as americans are for the most part gutless cowards who go along to get along along with a million other excuses, not the least of which is ‘the price was right’. That’s reality! That said, it’s the ‘for or agin’ me primitive mentality that pervades the u.s. government, ‘thought police’, arbitrary powers of detainment, abrogation of first admendment rights, internet intrusion/censorship, arbitrary enforcement of the law, etc., that is and I find particularly appalling, counter-productive, and regressive. There is an element of projection, given some of the evil things the government has done abroad; blowback being not entirely out of the realm of possibility which ultimately is the sad consequence of the worst of human nature which is invariably inclined to go too far in the worst way. The sad fact is that as with any banana republic, the governmental powers that be go to whatever nefarious lengths necessary (control by whatever means, at some level) to unreasonably maintain their access to undeserved power, money, resources, luxuries, etc.,  invariably to the detriment of the vast majority as is so here in america today. There are very few positive things that can be said of america today. I, for one, cannot think of any at all!   [  america, love it or leave it’? Love it? Truth be told, I don’t even like america!  See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm    http://albertpeia.com/fbimartinezcongallard.htm  
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia/americangovernmentdrugtrafficking.htm     http://albertpeia/americascorruptiondrugtrade.htm  ]  }

 

New Obama Executive Order Pushes Us Closer To A North American Union And A One World Economic Systemhttp://albertpeia.com/wobamaexecorderforoneworldgovernment.htm { The truly astounding thing here is that without exception, these respective nations, from largest to smallest, can’t even manage themselves, their own nations properly, efficiently; and then there’s the inevitable corruption, ‘bigger and better?’. Come on! More obfuscation! In a world such as this, human nature being what it is, ‘bigger is definitely not better’! They’re pushing on a string! Time for accountability! Time to pay the piper! Additionally, people must come to grips with the reality that wobama hasn’t the slightest idea what he’s doing; hence, the over-vacationed teleprompter reader whose ‘handlers’ have literally taken over policy, with some ‘slick’ maneuvering to try and repackage him; ultimately to no avail inasmuch as his disastrous results at home and abroad speak volumes. If only he had done what he said he was going to do last campaign, this nation and the world would have been in a better position today! } , Military Winning War Over Pensions Bruce Krasting 05/02/2012 Why is the Military Retirement Fund exploding higher? http://albertpeia.com/militarypensiondebacle.htm , This Is the First Time In History that All Central Banks Have Printed Money at the Same Time … And They’re Failing Miserably Washington’s Blog | Simultaneous Global Printing Is Failing Miserably. Why New York Times Economist Paul Krugman Is Partly Right But Mostly Wrong http://albertpeia.com/nyteconomistkrugmanwrong.htm  , NBER's Martin Feldstein Bashes The Deplorable US Economy, Says Bernanke Has Engineered Another Stock Bubble Tyler Durden 5-2-12 , Hugh Hendry On Europe "You Can't Make Up How Bad It Is" ,  Biderman Makes Friends: "Bankers Are As Dumb As Politicians" , Guest Post: 3 Likely Triggers Of The Next Recession {  Financial Crisis Phase II Is Ahead at Forbes Bert Dohmen ‘ In late 2007, I wrote the book Prelude To Meltdown, predicting the global crisis that occurred the following year.  I now see a similar confluence of events .. “the new recession has started.”… Over the past 33 years, we have called the start of every recession..Currently, the GDP deflator is 1.8%, which hardly reflects the true rise in prices. Therefore, what is counted as “growth,” is actually price increases. Actual inflation..is now more than 11%. Using that to adjust GDP for inflation, would show that the economy is now in a very sharp contraction…’ }   ] , Zuckerman To CNBC: "The Recession Never Ended" Everyone's favorite perma-bullish stand-in for Cramer, Fast Money's Scott Wapner, seemed lost for words when Boston Properties CEO Mort Zuckerman laid down some basic truthiness on the state of the US economy "We have the most stimulative fiscal and monetary policy in the history of this country and here we are three years into the recession and it's not ended. I think we may be heading for an even weaker economy this year than people expect." The righteous REIT ruler went on to note that it is not just the US but Europe (ridiculously high unemployment rates) where he analogizes (rather picturesquely) that it reminds him of "the man who jumps off a 25-story building and as he's hurtling by the sixth floor he says 'don't worry, nothing has happened yet'." Wapner is silenced and changes the topic as we suspect he is stunned at the honest sentiment given the nominal three-year-highs in REIT indices. Truth is indeed stranger than fiat-fiction

Military Winning War Over Pensions Bruce Krasting 05/02/2012 Why is the Military Retirement Fund exploding higher? http://albertpeia.com/militarypensiondebacle.htm  { Bubbles, bubbles everywhere; and, though aware, they show not even a care. This is all steeped in political desperation which will manifest in collapse as the respective bubbles burst as they always do, particularly on fraudulent wall street. Will you be holding their bag? }

 

This Is the First Time In History that All Central Banks Have Printed Money at the Same Time … And They’re Failing Miserably

Washington’s Blog | Simultaneous Global Printing Is Failing Miserably.

 

NBER's Martin Feldstein Bashes The Deplorable US Economy, Says Bernanke Has Engineered Another Stock Bubble

That the market is merely yet another transitory sugar high bubble creation of the Chairsatan and his central planning colleagues in various marble buildings around the world is no surprising to anyone, at least not anyone who maintains a pretense of objectivity, is not desperate to sell a weekly newsletter, and has a frontal lobe. What however is not only surprising, but outright shocking, is that such embedded members of the aristocratic status quo elite as Martin Feldstein - a professor of economics at that bastion of Keynesianism Harvard as well as president emeritus of the NBER - the folks who tell us when recessions start and end, are starting to get it. To wit: "The economy is slow and weak. We are not doing very well. The economy is just coming along at a snail's pace. The first quarter numbers that we just got last week were not very good at all" and warns "if we are going to see that jump in taxes, that is going to push the economy next year into a serious recession" but the punchline: "The stock market is, I think, responding to the Fed. I think the real danger is that this is a bubble in the stock market created by low long-term interest rates that the Fed has engineered....The danger is, like all bubbles, they burst at some point" Well, uh... if it is now common knowledge that everything is manipulated, and that the economy is collapsing, and would be outright imploding if it weren't for the Fed's goosing of the stock market, does that mean it is time for Zero Hedge to hang up our hat?

 

 

Hugh Hendry On Europe "You Can't Make Up How Bad It Is"

Why New York Times Economist Paul Krugman Is Partly Right But Mostly Wrong http://albertpeia.com/nyteconomistkrugmanwrong.htm  { Keep in mind: America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere one looks…The government’s total indebtedness is $211 trillion’, Then there’s this We Are in Age of ‘Late Great Depression’: Shiller  CNBC.com | The world is in a state of “late Great Depression,” well-known economist and author Robert Shiller told CNBC Monday. [ Indeed we are! And, one for which there’s no historical comparison in terms of magnitude; nor will there be a retracement / coming back from this one owing to huge frauds, excessive fiat paper money printing, an enormous fraudulent bubble, and a time constraint that precludes same, along with insurmountable debt. ] }

Guest Post: 3 Likely Triggers Of The Next Recession

{  Financial Crisis Phase II Is Ahead at Forbes Bert Dohmen ‘ In late 2007, I wrote the book Prelude To Meltdown, predicting the global crisis that occurred the following year.  I now see a similar confluence of events .. “the new recession has started.”… Over the past 33 years, we have called the start of every recession..Currently, the GDP deflator is 1.8%, which hardly reflects the true rise in prices. Therefore, what is counted as “growth,” is actually price increases. Actual inflation..is now more than 11%. Using that to adjust GDP for inflation, would show that the economy is now in a very sharp contraction…’ }   ]

 

 

BLIND CHINESE ACTIVIST: THE PERFECT NEW AMERICAN CITIZEN – DOESN’T KNOW ANYTHING ABOUT AMERICA AND HE IS BLIND!

US Using Staged “Blind Activist” Stunt For Leverage Ahead of Talks

April 30th, 2012

Challenge for U.S. After Escape by China Activist

April 29th, 2012

Blind Chinese Activist is US NED Proxy

April 28th, 2012

 

Why Is It Necessary For The Federal Government To Turn The United States Into A Prison Camp?

http://theeconomiccollapseblog.com

 

http://albertpeia.com/usprisoncamp.htm

{ I really must say that this is a tough one because the vast majority of americans are inherently criminal, with the highest crime rates in the world among the so-called ‘civilized’ nations (you can’t count the niggers of sub-saharan africa as civilized, and there’s no question but that the niggers have disproportionately skewed the american crime rates, particularly violent crimes, higher); including, from my direct observation and experience, that within all three branches of the u.s. government. Indeed, the (should be prison) inmates are running this asylum called america. The reality is that there are so many americans that are not in jail who should be in jail, it’s difficult to avoid these harsh third world measures in what has essentially become a third world nation overrun by the most sordid, despicable criminals one can imagine. They must really prosecute the biggest criminals including the oligarchs as, ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat offenders, etc., without exception. The problem with america is not the terrorist threat from without, but rather the plethora of inherently criminal americans within. Moreover, the corruption is pervasive and systemic. Unfortunately, crime pays in america and pays well; and, God help you if you try to live within the law and get in their way or potentially cost them money or some of their illegal business because no one else will. There’s criminal control at all levels of american society. That’s the problem; with the relatively few non-criminally inclined, criminal by complicity inasmuch as americans are for the most part gutless cowards who go along to get along along with a million other excuses, not the least of which is ‘the price was right’. That’s reality! That said, it’s the ‘for or agin’ me primitive mentality that pervades the u.s. government, ‘thought police’, arbitrary powers of detainment, abrogation of first admendment rights, internet intrusion/censorship, arbitrary enforcement of the law, etc., that is and I find particularly appalling, counter-productive, and regressive. There is an element of projection, given some of the evil things the government has done abroad; blowback being not entirely out of the realm of possibility which ultimately is the sad consequence of the worst of human nature which is invariably inclined to go too far in the worst way. The sad fact is that as with any banana republic, the governmental powers that be go to whatever nefarious lengths necessary (control by whatever means, at some level) to unreasonably maintain their access to undeserved power, money, resources, luxuries, etc.,  invariably to the detriment of the vast majority as is so here in america today. There are very few positive things that can be said of america today. I, for one, cannot think of any at all!   [  america, love it or leave it’? Love it? Truth be told, I don’t even like america!  See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm    http://albertpeia.com/fbimartinezcongallard.htm  
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia/americangovernmentdrugtrafficking.htm     http://albertpeia/americascorruptiondrugtrade.htm  ]  }

 

 

 

USA #1? 40 Embarrassing Things That America Is The Best In The World At  http://albertpeia.com/40badthingsusabest.htm  , They Love Death  http://albertpeia.com/theylovedeath.htm

 

 

Obama Should ‘Remove Eric Holder’ and ‘Just Come Clean’ on Fast and Furious, Says Rep. Steve King

CNSNews.com | “If I were the president of the United States, I would find a way for Eric Holder to step down, and it would be characterized as a firing,”

GOP Blasts Obama for Travel Costs

 

Trail of Death: Breitbart Coroner Turns Up Dead, Arsenic Poisoning Suspected

Patrick Henningsen | Another dead body turns up in LA, this time it’s a veteran coroner technican connected to the Andrew Breitbart case.

95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs

http://albertpeia.com/95percentofjobslostmiddleclass.htm

 

Why? - 21 Unanswered Questions That They Don't Want You To Look Into

http://albertpeia.com/21unansweredquestions.htm

 

BIN LADEN WAS ALREADY DEAD http://albertpeia.com/binladenwasalreadydead.htm

Bin Laden: Everyone Is Missing the Big Picture

: George Washington : 04/30/2012

 

 

We Are in Age of ‘Late Great Depression’: Shiller  CNBC.com | The world is in a state of “late Great Depression,” well-known economist and author Robert Shiller told CNBC Monday. [ Indeed we are! And, one for which there’s no historical comparison in terms of magnitude; nor will there be a retracement / coming back from this one owing to huge frauds, excessive fiat paper money printing, an enormous fraudulent bubble, and a time constraint that precludes same, along with insurmountable debt. ]

 

Frontline On Financial FraudThe Financial Crisis Never Ended’

In one of the most complete documentaries undertaken on the financial crisis, PBS Frontline's "Money, Power, & Wall Street" series stretches from the origins of the credit derivative business with a bikini-clad pool-side Blythe Masters and her JPMorgan colleagues to the scary (but absolutely true) fact that the financial crisis never ended. The four-part series (of which we present the first two below) continues tonight at 730ET and the entire set of 20 in-depth interviews with the various players (from Sheila Bair to Rodgin Cohen with a smattering of Jared Bernstein and Dick Fisher in between)  can be found here. A must-watch series from beginning to end to get a grasp of how we got here (despite what Chairman Greenspan told us all this morning), where exactly we are now (in spite of today's FTMFW ISM print), and what we can expect in the next few years.

95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs

http://albertpeia.com/95percentofjobslostmiddleclass.htm

 

{ There should be no surprise here; especially in light of specific government policies that made some insiders filthy rich, and as well,  the bailouts that helped the banksters among other frauds at the expense of ‘the many’. }

 

Why? - 21 Unanswered Questions That They Don't Want You To Look Into

http://albertpeia.com/21unansweredquestions.htm

{These are 21 for sure; yet, if it was only 21, there’d be at least a semblance of hope. New study: High U.S. debt levels could mean a quarter century of weak growth (The American Enterprise Institute) [ That’s optimistic; and towards the end there at best! Remember: Decades at Best! ] , Total US Debt Soars To 101.5% Of GDP

 

 

5-01-12  Drudgereport: MILBANK: Preezy making me queasy...campaigner in chief…The preezy of the United Steezy is making me queasy…According to statistics compiled for a book to be published this summer, the president has already set a record for total first-term fundraisers — 191 — and that’s only through March 6. Measured in terms of events that benefit his reelection bid, Obama’s total (inflated in part by relaxed fundraising rules) exceeds the combined total of George W. Bush, Bill Clinton, George H.W. Bush, Ronald Reagan and Jimmy Carter… “Not everything should be subject to thinking about the next election instead of thinking about the next generation,” Obama said of the Republicans. “Not everything should be subject to politics.” [ Typical nigger jive-talk / b***s***! ] ‘He should follow his own advice.’ … [ Bravo Mr. Milbank. And, don’t worry … wobama the b for b***s*** is done! It’s great to see Mr. Milbank finally walk in the light! ]
SEALS SLAM OBAMA FOR MAKING IT POLITICAL
GOP SEN: 'Shame on Barack Obama'...

FLASHBACK: Obama '08 Accused Clinton of Using Terror Leader To 'Score Political Points'...
CHICAGOLAND: Teacher tells students NRA wants 'porch monkeys' to die…[Sounds like a plan!]...

BIN LADEN WAS ALREADY DEAD

Bin Laden: Everyone Is Missing the Big Picture   http://albertpeia.com/binladenwasalreadydead.htm

: George Washington : 04/30/2012  


Campaign ad says Romney wouldn't have ordered raid to kill Osama bin Laden … [Coulda…Woulda…If wobama’s grandmother had wheels she’d have been a trolley car…There’s documentation from reliable military sources that the ‘staged event’ for political capital at a time wobama was generating record low polling numbers did not in reality result in Osama’s death – there are also varying views, from already dead, body on ice and reason for quick burial at sea, etc., see infra ]...    http://albertpeia.com/binladendeadandonicesince2001.htm
“Bin Laden” Heroes Probably Murderered to Keep Them Quiet  ... Gordon Duff Veterans Today

... Read full article  http://albertpeia.com/binladendeadandonicesince2001.htm

 

4-30-12 22 Signs That The Collapsing Spanish Economy Is Heading Into A Great Depression http://albertpeia.com/22signsspainheadingintogreatdepression.htm , Dave’s Daily: http://www.etfdigest.com  MARKET LIMPS INTO MAY 4-30-12 , The Secrets of the Spanish Banking System That 99% of Analysts Fail to Grasp http://albertpeia.com/spainbanksystemsecrets.htm , What Do California And Detroit Have In Common? http://albertpeia.com/californiadetroitdeclineincommon.htm 

Rosenberg Takes On The Student Loan Bubble, And The 1937-38 Collape; Summarizes The Big Picture

Few have been as steadfast in their correct call that the US economy sugar high of the first quarter was nothing but a liquidity-driven, hot weather-facilitated uptick in the economy, which has now ended with a thud, as seen by the recent epic collapse in all high-frequency economic indicators, which have not translated into a market crash simply because the market is absolutely convinced that the worse things get, the more likely the Fed is to come in with another round of nominal value dilution. Perhaps: it is unclear if the Fed will risk a spike in inflation in Q2 especially since as one of the respondents in today's Chicago PMI warned very prudently that Chinese inflation is about to hit America in the next 60 days. That said, here are some of today's must read observations on where we stand currently, on why 1937-38 may be the next imminent calendar period deja vu, and most importantly, the fact that Rosie now too has realized that the next credit bubble is student debt as we have been warning since last summer.

22 Signs That The Collapsing Spanish Economy Is Heading Into A Great Depression

http://theeconomiccollapseblog.com

 

http://albertpeia.com/22signsspainheadingintogreatdepression.htm

 

{ They’re not called PIIGS for naught; yet, naught is what their spendthrift policies have wrought. Actually, worse than naught since their horrendous policies which parallel those in america have dug a hole so deep, there’s no climbing out with collapse assured thereby. The Secrets of the Spanish Banking System That 99% of Analysts Fail to Grasp April 29, 2012 By gpc1981 http://gainspainscapital.com  http://albertpeia.com/spainbanksystemsecrets.htm

 


What Do California And Detroit Have In Common?

http://endoftheamericandream.com

http://albertpeia.com/californiadetroitdeclineincommon.htm

{  Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm   }

 

 

Drudgereport: 4-30-12 BARACK BIZARRE: PRESIDENT JOKES ABOUT EATING DOGS?

'What's the difference between hockey mom and pit bull? A pit bull is delicious'...
20 years after LA Riots, 22 murders remain unsolved...

SHOCK CLAIM: No housing rebound 'for a generation'...
PAPER: Obama's new slogan has long socialist past...
Farrakhan: Joining U.S. Military Is Fighting 'for the Enemy'..
WIRE: Obama Fails to Stem Middle-Class Slide He Blamed on Bush...
Jon Lovitz scorches Obama again: 'President lying to get votes'...
SEALS SLAM OBAMA FOR MAKING IT POLITICAL
GOP SEN: 'Shame on Barack Obama'...

FLASHBACK: Obama '08 Accused Clinton of Using Terror Leader To 'Score Political Points'...

CHICAGOLAND: Teacher tells students NRA wants 'porch monkeys' to die…[Sounds like a plan!]...
Campaign ad says Romney wouldn't have ordered raid to kill Osama bin Laden … [Coulda…Woulda…If wobama’s grandmother had wheels she’d have been a trolley car…There’s documentation from reliable military sources that the ‘staged event’ for political capital at a time wobama was generating record low polling numbers did not in reality result in Osama’s death – there are also varying views, from already dead, body on ice and reason for quick burial at sea, etc., see infra ]...    http://albertpeia.com/binladendeadandonicesince2001.htm
“Bin Laden” Heroes Probably Murderered to Keep Them Quiet  ... Gordon Duff Veterans Today

FLASHBACK: Eyewitness to OBL Raid Saw Helicopter Explode (TRANSCRIPT) [ As indicated on this albertpeia.com website, I didn’t buy the administration’s desperate and politically opportunist Osama event and still don’t buy it; and further, I believe this! ]Veterans Today | TRANSCRIPT of critical interview with Pakistani eyewitness to Bin Laden raid. Is this the key to SEAL Team 6′s demise?

“Bin Laden” Heroes Probably Murderered to Keep Them Quiet  Gordon Duff  Veterans Today August 7, 2011 | Some Possibly Killed in Abbottabad Helicopter Crash Months Before. [ As indicated on this albertpeia.com website, I didn’t buy the administration’s desperate and politically opportunist Osama event and still don’t buy it; and further, I believe this! ] Today 31 NATO troops, 20 of them Navy Seals from the Osama bin Laden operation died in what is reported as a helicopter crash in Afghanistan.

‘The chance of this story being true is almost nil. The chances of this being a staged coverup is over 80%. We believe these people were murdered to silence them. This is why.

We have solid information on two areas:

1. Osama bin Laden died in 2001 as an active CIA employee and his body was recovered in Afghanistan and taken to “the sand box.” We were told it was frozen. We have so much verification from this, CIA, ISI, US military and top officials. I have a direct confirmation from Bin Laden’s CIA handler who I grilled mercilessly on this.

2. The Abbottabad operation involved numerous American deaths, witnessed, bodies all over, a helicopter crash. (suppressed translated TV interview below) These bodies were recovered by land vehicle from Islamabad and there was NO “successful” bin Laden operation of any kind. There was and has been a CIA safe house in Abbotabad where terror suspects were stored for years.

This gave the US several areas of severe vulnerability. Generally, Navy Seals are the best people in the world at keeping their mouths shut, these are real team players, as the term “Seal Team” belies.

We at VT were informed that the bin Laden operation was staged at this time, a theatrical farce, to cover the exit of Secretary Gates, the move by former CIA Director Leon Panetta into the DOD as Secretary of Defense and to stem any heroic claims by new CIA Director Petraeus of killing the long dead Osama bin Laden, the long frozen CIA operative.

Petraeus is a possible presidential contender and had to be denied this “gift from heaven,” a fast track to the oval office for sure.

Again, I remind you, I went over specific meetings on bin Laden with his handlers, getting every last detail. I have watched what has gone on, the continuing need to vilify a long dead top CIA operative to provide residual cover for the Bush administration…

The reason? Bush and his cronies are all facing charges of war crimes, not just in minor jurisdictions but heading for the ICC, putting them on the dock with Gaddafi ( a far less harmful character).

... Read full article  http://albertpeia.com/binladendeadandonicesince2001.htm

Sarkozy on defensive in bitter final election battle...
Unease grows...
'The Merkozy era is over'...

 

 

25 Horrible Statistics About The U.S. Economy That Barack Obama Does Not Want You To Know
http://albertpeia.com/25horriblestatsaboutuseconomyobamahides.htm
{ Actually, worse than self-delusion, it’s actually overtly fraudulent in their election year desperation what the obama administration et als are doing to cover up their unequivocal incompetence and failure! }

’The human capacity for self-delusion truly is remarkable.  Most people out there end up believing exactly what they want to believe even when the truth is staring them right in the face.  Take the U.S. economy for example.  Barack Obama wants to believe that his policies have worked and that the U.S. economy is improving.  So that is what he is telling the American people.  The mainstream media wants to believe that Barack Obama is a good president and that his policies make sense and so they are reporting that we are experiencing an economic recovery.  A very large segment of the U.S. population still fully supports Barack Obama and they want to believe that the economy is getting better so they are buying the propaganda that the mainstream media is feeding them.  But is the U.S. economy really improving?  The truth is that it is not.  The rate of employment among working age Americans is exactly where it was two years ago and household incomes have actually gone down while Obama has been president.  Home ownership levels and home prices continue to decline.  Meanwhile, food and gasoline continue to become even more expensive.  The percentage of Americans that are dependent on the government is at an all-time record high and the U.S. national debt has risen by more than 5 trillion dollars under Obama.  We simply have not seen the type of economic recovery that we have seen after every other economic recession since World War II. The horrible statistics about the U.S. economy that you are about to read are not talked about much by the mainstream media.  They would rather be "positive" and "upbeat" about the direction that things are headed. But lying to the American people is not going to help them.  If you are speeding in a car toward a 500 foot cliff, you don't need someone to cheer you on.  Instead, you need someone to slam on the brakes. The cold, hard reality of the matter is that the U.S. economy is in far worse shape than it was four or five years ago. We have never come close to recovering from the last recession and another one will be here soon. The following are 25 horrible statistics about the U.S. economy that Barack Obama does not want you to know.... 1-25

 

Big GDP Miss: 2.2% Vs Expectations Of 2.5%, Composition Even Uglier ,  Chart Of The Day: Change In Q1 American Debt And GDP Presented without much commentary, because little is necessary: the only ratio that matters for the US economy, the change in US public debt ($359.1 billion) and US GDP ($142.4) in the first quarter, hit 2.52x and rising. It takes $2.52 in new debt to "buy" $1 of economic "growth" . { Most importantly, we’ve seen the insurmountable results of their fraudulent obfuscation: Guest Post: Social Security Has A Real Problem

America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke…The government’s total indebtedness is $211 trillion’. http://albertpeia.com/anddebtslaveryforall.htm ]

The Social Security Administration made an alarming announcement recently that they will exhaust their funding capability by 2033 which was several years earlier than originally projected. As millions of baby boomers approach retirement more strain is put on the fabric of the Social Security system.  The exact timing of this crunch is less important than its inevitability.  The problem that Social Security has is "real" employment.  I say "real" employment simply to sidestep the ongoing arguments about the validity of government employment survey's from the Bureau of Labor Statistics. The Federal Government receives income from the Social Security "contribution" from employee's paychecks. Social security "contributions" have decreased sharply by almost $70 billion from its peak. This is due to two factors.  The first is that the number of "real" employees, while growing, is in lower income producing and temporary jobs. The second factor is that a larger share of personal incomes is made up of government benefits which does not affect social security contributions. The entire social support framework faces an inevitable conclusion and no amount of wishful thinking will change that.

The Bailout Of The US Postal Service Begins: Cost To Taxpayers - $110,000 Per Union Vote "Saved Or Gained"

(California had 9 out of the 10 worst metro areas for employment in the nation)  http://www.washingtonpost.com/business/economy/10-metro-areas-with-highest-unemployment-rates/2011/09/07/gIQAUjKqLL_gallery.html#photo=2 

 

 

Wobama Desperation in Light of his Failure – Corruption, Lies, and Intimidation…Drudgereport: 4-27-12 PLUNGE: GROWTH FALLS TO 2.2%...
BIG DROP FROM 4Q'S 3.0%...
ANALYSTS PREDICTED 2.6%...
U.S. Firms Add Jobs, but Mostly Overseas...

Falling home prices drag new buyers under water...
Homeownership Hits Decade Low...
Spanish unemployment hits record 24.4%...
Republicans prepare contempt citation against Holder...
'Obama attempts to intimidate contributors to Romney's campaign'...
http://albertpeia.com/obamaattemptsintimidationofcontributorstoromney.htm
OBAMA SPIKES FOOTBALL -- AGAIN!
GOP SEN: 'Shame on Barack Obama'...
FLASHBACK: Obama '08 Accused Clinton of Using Terror Leader To 'Score Political Points'...

CHICAGOLAND: Teacher tells students NRA wants 'porch monkeys' to die…[Sounds like a plan!]...
Campaign ad says Romney wouldn't have ordered raid to kill Osama bin Laden … [Coulda…Woulda…If wobama’s grandmother had wheels she’d have been a trolley car…There’s documentation from reliable military sources that the ‘staged event’ for political capital at a time wobama was generating record low polling numbers did not in reality result in Osama’s death – there are also varying views, from already dead, body on ice and reason for quick burial at sea, etc., see infra ]...    http://albertpeia.com/binladendeadandonicesince2001.htm
“Bin Laden” Heroes Probably Murderered to Keep Them Quiet  ... Gordon Duff Veterans Today

FLASHBACK: Eyewitness to OBL Raid Saw Helicopter Explode (TRANSCRIPT) [ As indicated on this albertpeia.com website, I didn’t buy the administration’s desperate and politically opportunist Osama event and still don’t buy it; and further, I believe this! ]Veterans Today | TRANSCRIPT of critical interview with Pakistani eyewitness to Bin Laden raid. Is this the key to SEAL Team 6′s demise?

“Bin Laden” Heroes Probably Murderered to Keep Them Quiet  Gordon Duff  Veterans Today August 7, 2011 | Some Possibly Killed in Abbottabad Helicopter Crash Months Before. [ As indicated on this albertpeia.com website, I didn’t buy the administration’s desperate and politically opportunist Osama event and still don’t buy it; and further, I believe this! ] Today 31 NATO troops, 20 of them Navy Seals from the Osama bin Laden operation died in what is reported as a helicopter crash in Afghanistan.

‘The chance of this story being true is almost nil. The chances of this being a staged coverup is over 80%. We believe these people were murdered to silence them. This is why.

We have solid information on two areas:

1. Osama bin Laden died in 2001 as an active CIA employee and his body was recovered in Afghanistan and taken to “the sand box.” We were told it was frozen. We have so much verification from this, CIA, ISI, US military and top officials. I have a direct confirmation from Bin Laden’s CIA handler who I grilled mercilessly on this.

2. The Abbottabad operation involved numerous American deaths, witnessed, bodies all over, a helicopter crash. (suppressed translated TV interview below) These bodies were recovered by land vehicle from Islamabad and there was NO “successful” bin Laden operation of any kind. There was and has been a CIA safe house in Abbotabad where terror suspects were stored for years.

This gave the US several areas of severe vulnerability. Generally, Navy Seals are the best people in the world at keeping their mouths shut, these are real team players, as the term “Seal Team” belies.

We at VT were informed that the bin Laden operation was staged at this time, a theatrical farce, to cover the exit of Secretary Gates, the move by former CIA Director Leon Panetta into the DOD as Secretary of Defense and to stem any heroic claims by new CIA Director Petraeus of killing the long dead Osama bin Laden, the long frozen CIA operative.

Petraeus is a possible presidential contender and had to be denied this “gift from heaven,” a fast track to the oval office for sure.

Again, I remind you, I went over specific meetings on bin Laden with his handlers, getting every last detail. I have watched what has gone on, the continuing need to vilify a long dead top CIA operative to provide residual cover for the Bush administration…

The reason? Bush and his cronies are all facing charges of war crimes, not just in minor jurisdictions but heading for the ICC, putting them on the dock with Gaddafi ( a far less harmful character).

... Read full article  http://albertpeia.com/binladendeadandonicesince2001.htm

 

 

Bill Gross On Europe's Dysfunction And US Double-Dips

PIMCO's Bill Gross spent a longer-than-soundbite period discussing QE3, the chance of a US double-dip, and Europe's ongoing dysfunction with Trish Regan on Bloomberg Television this afternoon. Given more than his typically limited-to-ten-second thoughts some other media outlets appear to prefer, the old-new-normal-bond-king believes the Fed will resist another round of quantitative easing in the short-term but "if unemployment begins to rise for two-to-three months then QE3 is back on". Noting that investors should focus on nominal GDP growth tomorrow, he goes on to dismiss the idea that the US can decouple from a troubled Europe pointing the political dysfunction between the Germans and the rest as greater than the polarity between Democrats and Republicans here at home. Preferring to play a slightly levered long bet on low rates holding for a longer-period, he like MBS (as we have discussed in the past) but does not see the 10Y yield dropping precipitously from here though he does echo our thoughts entirely in his view of the 'flow' being more critical than the 'stock' when it comes to the Fed's balance sheet and hence the June end-of-Twist may be a volatile period for all asset classes.

 

 

S&P Cuts Spain to BBB+, Outlook Negative

Adding insult to Bayern Munich injury, we just got S&P which did the impossible and cut Spain to BBB+ from A (outlook negative) not on Friday after hours. Kneejerk reaction is a 30 pip drop in EURUSD.

 

4-26-12 84% of All Stock Trades Are By High-Frequency Computers … Only 16% Are Done By Human Traders Washington’s Blog | As of 2010, 50-70% of all stock trades were done by high frequency trading computer algorithms.[ Churning / earning without regard to learning! That money has to come from someplace; hence, the horrendous economy and jobs picture! ] , Forrester: Apple is Entering a Long Decline Written by Damon Poeter PC Magazine ‘ At least one analyst is bucking the trend of gushing over Apple. Forrester Research chief executive George Colony laid out his case in a blog post Wednesday for why he thinks the company will start looking like just another tech .. ‘ [ As much as I like Apple, my first computer, and am glad they survived in a big way, I’m constrained to agree. Moreover, and I can’t prove this, I believe there to be some ‘soft’ stimulation of the heavily weighted, more bang for the buck, Apple stock by way of subsidized purchases. Remember those $275,000 per car government purchases, and the $278,000 cost per stimulus job? What’s $500 per ipad or iphone, etc., to a nation hopelessly, insurmountably indebted to the tune of $211 trillion, especially in their election year desperation. This should in no way be construed as a slight to Cook; but rather, just the reality there’s a limit to what one’s willing to pay for fairly common utility. That said, I’d still buy an IPad since, as with the ipod and the simple technology involved, amazingly, ultimate competitors as, ie., microsoft with zune, etc., didn’t measure up at all! I think the IPhone’s totally underwhelming! Contrary to the tenor of the article, I believe charisma has nothing whatsoever to do with the inevitable decline ahead; and, not just Apple. Moreover, I believe Apple’s success is a testament to the pathetic state of american/global technology generally, and the somewhat ‘curious’ state of the consuming public. The only really ‘big thing’ has been the internet. And, given time, they’ll mess that up as they’re so desperately trying to do with all forms of censorship and constraints; just ask Timothy Berners-Lee Inventor of World Wide Web Savages Government’s Big Brother Plans     http://albertpeia.com/bernersleeantibigbrotherwebintrusion.htm ] , The Family Farm Is Being Systematically Wiped Out Of Existence In America http://albertpeia.com/familyfarmwipedoutinamerica.htm

 

Consumer Comfort in U.S. Falls by the Most in More Than a Year  , Greek Anti-Austerity Vote Poses Eurozone Danger

 , Ireland’s Noonan Says Will Cut Growth Forecast by Almost Half   { Yes, all bad news; but, as we all know, the computers (algorithms) don’t care. 84% of All Stock Trades Are By High-Frequency Computers … Only 16% Are Done By Human Traders Washington’s Blog | As of 2010, 50-70% of all stock trades were done by high frequency trading computer algorithms. .[ Churning / earning without regard to learning! That money has to come from someplace; hence, the horrendous economy and jobs picture! ] }

 

Forrester: Apple is Entering a Long Decline Written by Damon Poeter PC Magazine ‘ At least one analyst is bucking the trend of gushing over Apple. Forrester Research chief executive George Colony laid out his case in a blog post Wednesday for why he thinks the company will start looking like just another tech .. ‘ [ As much as I like Apple, my first computer, and am glad they survived in a big way, I’m constrained to agree. Moreover, and I can’t prove this, I believe there to be some ‘soft’ stimulation of the heavily weighted, more bang for the buck, Apple stock by way of subsidized purchases. Remember those $275,000 per car government purchases, and the $278,000 cost per stimulus job? What’s $500 per ipad or iphone, etc., to a nation hopelessly, insurmountably indebted to the tune of $211 trillion, especially in their election year desperation. This should in no way be construed as a slight to Cook; but rather, just the reality there’s a limit to what one’s willing to pay for fairly common utility. That said, I’d still buy an IPad since, as with the ipod and the simple technology involved, amazingly, ultimate competitors as, ie., microsoft with zune, etc., didn’t measure up at all! I think the IPhone’s totally underwhelming! Contrary to the tenor of the article, I believe charisma has nothing whatsoever to do with the inevitable decline ahead; and, not just Apple.   ]

‘At least one analyst is bucking the trend of gushing over Apple. Forrester Research chief executive George Colony laid out his case in a blog post Wednesday for why he thinks the company will start looking like just another tech companies within the next four years unless it finds another "special, magical" leader like Steve Jobs.

Colony's position couldn't be more contrarian. Apple just reported record March quarter profits while selling tens of millions of its iPhones, iPads, and Mac computers. In the past few months, other analysts have been jockeying to tout Apple's share price, currently at just over $600 per share, for gains past the $800, $900, and even $1,000 threshold.

But if Apple's riding high now, that's not going to last, according to Colony.

"Apple will decline in the post Steve Jobs era," he writes, explaining that Apple under Jobs fit the bill as a "charismatic organization ... headed by people with the 'gift of grace'." Succession in such an organization is particularly difficult because while bureaucratic and traditional organizations have processes and rituals to elevate new leadership, "[i]n charismatic organizations, the magical leader must be succeeded by another charismatic—the emotional connection of employees and (in the case of Apple) customers demands it."

Colony quotes liberally from Max Weber's The Theory of Social and Economic Organization and Adam Lashinky's Inside Apple to build his case that Apple will "coast" over the next 24 to 48 months and "then decelerate."

What about the processes Jobs himself put in place at Apple to ensure that his vision and management style would endure at the company after he was gone? Apple University and other company initiatives fostered by Jobs won't do the trick, Colony claims, quoting Weber: "Charisma can only be awakened and tested, it cannot be learned or taught."

Colony argues that Jobs' successor, Tim Cook, has a "legal/bureaucratic approach" to leading Apple that "will prove to be a mismatch for an organization that feeds off the gift of grace." Instead of Cook, the company should turn to Jonathan Ive or Scott Forstall to be CEO, the analyst writes.

If Apple doesn't get another magical charismatic leader, Colony concludes, it risks turning into Sony after Akio Morita or Polaroid post-Edwin Land—a company that goes from great to merely good in a few short years./

 

The Family Farm Is Being Systematically Wiped Out Of Existence In America

http://albertpeia.com/familyfarmwipedoutinamerica.htm

 

Guest Post: Social Security Has A Real Problem

America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke…The government’s total indebtedness is $211 trillion’. http://albertpeia.com/anddebtslaveryforall.htm ]

The Social Security Administration made an alarming announcement recently that they will exhaust their funding capability by 2033 which was several years earlier than originally projected. As millions of baby boomers approach retirement more strain is put on the fabric of the Social Security system.  The exact timing of this crunch is less important than its inevitability.  The problem that Social Security has is "real" employment.  I say "real" employment simply to sidestep the ongoing arguments about the validity of government employment survey's from the Bureau of Labor Statistics. The Federal Government receives income from the Social Security "contribution" from employee's paychecks. Social security "contributions" have decreased sharply by almost $70 billion from its peak. This is due to two factors.  The first is that the number of "real" employees, while growing, is in lower income producing and temporary jobs. The second factor is that a larger share of personal incomes is made up of government benefits which does not affect social security contributions. The entire social support framework faces an inevitable conclusion and no amount of wishful thinking will change that.

The Bailout Of The US Postal Service Begins: Cost To Taxpayers - $110,000 Per Union Vote "Saved Or Gained"

(California had 9 out of the 10 worst metro areas for employment in the nation)  http://www.washingtonpost.com/business/economy/10-metro-areas-with-highest-unemployment-rates/2011/09/07/gIQAUjKqLL_gallery.html#photo=2 

 

 

 

 

Drudgereport:  More Americans Than Projected File Jobless Claims...
Employers add just 120,000 jobs; lowest since October...

POLL: Young People May Not Bother to Vote for Obama... { Yeah, come on! Smart (if they don’t)! As a matter of self-respect, how could they possibly vote for wobama the b for b***s***. Sure, that disingenuous smile/spiel; the feigned understanding, ‘shared pain’; then…just the opposite or nothing at all! Wobama’s an incompetent fraud who’s made things worse for young people everywhere! }

REPORT: Michelle's Spanish Vacation Cost Taxpayers $467,585 [moochell … how typical  … and as always, though contraindicated, in your face, tauntingly so! They’re just typical blacks who come november, will indeed be packing and gone by innauguration or sooner which is not soon enough. ] ...
Blue collar Dems jealous, angry over lavish vacations...
'Fantasy' is to walk out WH 'and just keep walking' [ That wish is granted! Start packing! ] ...
Says she won't run for president...

MOST UNPOPULAR GOV'T IN 15 YEARS

 

America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke…The government’s total indebtedness is $211 trillion’. http://albertpeia.com/anddebtslaveryforall.htm

 

Student Loan Debt Slaves In Perpetuity - A True Story Of "Bankruptcy Hell"

(California had 9 out of the 10 worst metro areas for employment in the nation)  http://www.washingtonpost.com/business/economy/10-metro-areas-with-highest-unemployment-rates/2011/09/07/gIQAUjKqLL_gallery.html#photo=2 

 

 

The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 CNSNews.com | Since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.  – That’s more than all the Presidents since President Eisenhower combined.  This obfuscating failure and incompetence of wobama the b for b***s*** was stated another way just this past day; viz., obama has increased the deficit (now insurmountable) by more than all the presidents of the nation through clinton combined! Furthermore, wobama’s not a ‘nice person’. THE OBAMA DECEPTION’  http://albertpeia.com/obamadeceptionhighqualityversion.flv

 

 

Just As Predicted, Initial Claims Miss Huge, Yet Magically Improve Recall what we said less than an hour ago: "what will most likely happen is a print in the mid to upper 380,000s, while last week's number will be revised to a 390K+ print, allowing the media to once again declare that the number was an improvement week over week. In other words, SSDD." SSDD it is: last week's 386K number was revised to 389K, meaning the massive miss relative to expectations of 370K last week just got even worse. This is the 10th week in a row of misses to the weaker side and the 16th of the last 18. And while this week's miss was whopping as usual, with expectations of 375K being soundly missed after the print came at 388K on its way back to 400K, the media can sleep soundly because the absolute lack of BLS propaganda means that the sequential progression is one of, you got it, improvement. In other words here is what the headlines in the Mainstream Media will be: "Initial claims improve over prior week." In fact here it is from Bloomberg: "U.S. Initial Jobless Claims Fell 1,000 to 388,000 Last Week." ..No propaganda. No data fudging. No manipulation at all. Just endless laughter at the desperation. , What Costs How Much, Where? Presenting The "Apple Index" 4-25-12 , March Durable Good Implode, Worse Than Lowest Wall Street Forecast And Biggest Drop Since January 2009 ,  FOMC's Bag Of Tricks Is Empty... For Now - Full Statement Redline

 

 

4-25-12 5 New Lies That The Federal Reserve Is Telling The American People  http://albertpeia.com/5newliesbythefed.htm http://albertpeia.com/fraudulentfedhasfailed.htm  { Yes, it’s really rather incredible, even astounding, that people even listen to, much less believe the proven lies, wrong information, disinformation that bespeaks fraud/deception/cover-up and at best, total incompetence. Don’t they realize they’re being scammed in a very big way; particularly, with an election year predisposed pro-wobama obfuscation? Bernanke is a total fraud. He is totally incompetent! As I wrote, infra, as comment to Dave Fry’s Summary:  the same helicopter ben who forecast no recession and whose QEs have helped no one but the frauds on wall street, with fake numbers on what is in reality much higher inflation, unemployment, etc., for obfuscation – you cannot solve a problem without admitting there is one, let alone failing to identify the problem; and with america’s insurmountable debt and debased Weimar fiat paper currency over-printing, that huge extant problem is substantially exacerbated. { Britain slides back into recession AFP Britain was back in recession Wednesday after its economy shrank in the first quarter while Prime Minister David Cameron said the country was being buffetted by the European downturn [ True, but only because unlike the u.s., their reporting is a bit more accurate/truthful, less manipulated, less fraudulent than america which has already entered (the continuing) recession (actually dollar debased and thereby, can you believe it, inflationary depression) UK Economy Double Dips For First Time Since 1970s  } ]  {  Financial Crisis Phase II Is Ahead at Forbes Bert Dohmen ‘ In late 2007, I wrote the book Prelude To Meltdown, predicting the global crisis that occurred the following year.  I now see a similar confluence of events .. “the new recession has started.”… Over the past 33 years, we have called the start of every recession..Currently, the GDP deflator is 1.8%, which hardly reflects the true rise in prices. Therefore, what is counted as “growth,” is actually price increases. Actual inflation..is now more than 11%. Using that to adjust GDP for inflation, would show that the economy is now in a very sharp contraction…’ }  [ Now we know the reason for bernanke’s pro-wobama politicking: Reuters:  Mitt Romney says he would boot Ben Bernanke - The Trail The likely Republican nominee says, “I’d be looking for somebody new” to run the Federal Reserve if he’s elected president. Romney criticized Fed Chairman Bernanke for printing too much money in a bid to stimulate the economy. (April 25, 2012) Drudgereport: Romney would boot Ben... And, not only because bernanke as has obama failed miserably; good, sound management all but requires that he do so (as per the late Peter Drucker among the multitude of Management experts). Wobama, the lazy jive-talking b***s*** artist, despite campaign rhetoric to the contrary, literally continued all things dumbya bush. ]‘The Federal Reserve says that everything is going to be okay.  The Fed says that unemployment is going to go down, inflation is going to remain low and economic growth is going to steadily increase.  Do you believe them this time?  As you will see later in this article, Federal Reserve Chairman Ben Bernanke has been dead wrong about the economy over and over again.  But the mainstream media and many Americans still seem to have a lot of faith in the Federal Reserve.  It doesn't seem to matter that Bernanke and other Fed officials have been telling the American people lies for years.  As I always say, most people believe what they want to believe, and many people seem to want to have blind faith in the Federal Reserve even when logic and reason would dictate otherwise.  The truth is that things are not going to be getting much better than they are right now.  When the next wave of the financial crisis hits, the U.S. economy is going to fall back into recession, financial markets are going to crash and unemployment is going to absolutely skyrocket.  But you will never hear any of that from the Federal Reserve. The following are 5 new lies that the Federal Reserve is telling the American people.  After each lie I have posted what The Economic Collapse Blog thinks is actually going to happen....’ http://albertpeia.com/benbsshalombernankesellsfedpansgoldstandard.htm http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htm , Dave Fry: ‘Did you know during the 2008 bear market nearly 50% of earnings reports beat estimates.’

 

The United States Has Plenty Of Oil: 10 Facts About America's Energy Resources That Will Blow Your Mind http://endoftheamericandream.com http://albertpeia.com/10factsaboutamericanenergyresources.htm [ Well, first off, since we’re only talking decades at best, I agree the alarmist propaganda is all for naught. Yet, make no mistake, those who equate shale oil, deep water oil, etc., with that close to the surface, easily recovered, ie., sweet crude, are as misguided. It’s kind of like that ‘asteroid mining’ that’s ‘become the rage’. Firstly, in hollywood (oh yeah, we’ve seen them digitally land on asteroids, planets as in Avatar, etc., with ease and without a hitch), they don’t keep books the way other businesses do, at least on the creative end, viz., ie., Cameron. And, what do you expect a former pilot to say, etc.? As an example of ‘fuel price makes a difference’, anyone who thinks american airlines among others went bankrupt because they’re so horribly managed or because they felt like strategically avoiding their debt would be mistaken. For airlines it’s all about fuel costs and load factors, capital intensive that they are, and pennies literally do make a difference. Costs of extraction make a difference. Oh sure, there’s loads of oil. It’s all about the costs of getting it. Peak oil really has been reached in terms of ‘easy pickins’. Some even argue/document persuasively that current reserves of the ‘easy pickins’ are over-stated.  ]

 

 

5 New Lies That The Federal Reserve Is Telling The American People
http://theeconomiccollapseblog.com
http://albertpeia.com/5newliesbythefed.htm

http://albertpeia.com/fraudulentfedhasfailed.htm

 { Yes, it’s really rather incredible, even astounding, that people even listen to, much less believe the proven lies, wrong information, disinformation that bespeaks fraud/deception/cover-up and at best, total incompetence. Don’t they realize they’re being scammed in a very big way; particularly, with an election year predisposed pro-wobama obfuscation? Bernanke is a total fraud. He is totally incompetent! As I wrote, infra, as comment to Dave Fry’s Summary:  the same helicopter ben who forecast no recession and whose QEs have helped no one but the frauds on wall street, with fake numbers on what is in reality much higher inflation, unemployment, etc., for obfuscation – you cannot solve a problem without admitting there is one, let alone failing to identify the problem; and with america’s insurmountable debt and debased Weimar fiat paper currency over-printing, that huge extant problem is substantially exacerbated. { Britain slides back into recession AFP Britain was back in recession Wednesday after its economy shrank in the first quarter while Prime Minister David Cameron said the country was being buffetted by the European downturn [ True, but only because unlike the u.s., their reporting is a bit more accurate/truthful, less manipulated, less fraudulent than america which has already entered (the continuing) recession (actually dollar debased and thereby, can you believe it, inflationary depression) UK Economy Double Dips For First Time Since 1970s  } ]  {  Financial Crisis Phase II Is Ahead at Forbes Bert Dohmen ‘ In late 2007, I wrote the book Prelude To Meltdown, predicting the global crisis that occurred the following year.  I now see a similar confluence of events .. “the new recession has started.”… Over the past 33 years, we have called the start of every recession..Currently, the GDP deflator is 1.8%, which hardly reflects the true rise in prices. Therefore, what is counted as “growth,” is actually price increases. Actual inflation..is now more than 11%. Using that to adjust GDP for inflation, would show that the economy is now in a very sharp contraction…’ }  [ Now we know the reason for bernanke’s pro-wobama politicking: Reuters:  Mitt Romney says he would boot Ben Bernanke - The Trail The likely Republican nominee says, “I’d be looking for somebody new” to run the Federal Reserve if he’s elected president. Romney criticized Fed Chairman Bernanke for printing too much money in a bid to stimulate the economy. (April 25, 2012) Drudgereport: Romney would boot Ben... And, not only because bernanke as has obama failed miserably; good, sound management all but requires that he do so (as per the late Peter Drucker among the multitude of Management experts). Wobama, the lazy jive-talking b***s*** artist, despite campaign rhetoric to the contrary, literally continued all things dumbya bush. ]

 

22 Red Flags That Indicate That Very Serious Doom Is Coming For Global Financial Markets  http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htm

 

 

The United States Has Plenty Of Oil: 10 Facts About America's Energy Resources That Will Blow Your Mind http://endoftheamericandream.com http://albertpeia.com/10factsaboutamericanenergyresources.htm [ Well, first off, since we’re only talking decades at best, I agree the alarmist propaganda is all for naught. Yet, make no mistake, those who equate shale oil, deep water oil, etc., with that close to the surface, easily recovered, ie., sweet crude, are as misguided. It’s kind of like that ‘asteroid mining’ that’s ‘become the rage’. Firstly, in hollywood (oh yeah, we’ve seen them digitally land on asteroids, planets as in Avatar, etc., with ease and without a hitch), they don’t keep books the way other businesses do, at least on the creative end, viz., ie., Cameron. And, what do you expect a former pilot to say, etc.? As an example of ‘fuel price makes a difference’, anyone who thinks american airlines among others went bankrupt because they’re so horribly managed or because they felt like strategically avoiding their debt would be mistaken. For airlines it’s all about fuel costs and load factors, capital intensive that they are, and pennies literally do make a difference. Costs of extraction make a difference. Oh sure, there’s loads of oil. It’s all about the costs of getting it. Peak oil really has been reached in terms of ‘easy pickins’. Some even argue/document persuasively that current reserves of the ‘easy pickins’ are over-stated.  ]

 

Reuters:  Mitt Romney says he would boot Ben Bernanke - The Trail The likely Republican nominee says, “I’d be looking for somebody new” to run the Federal Reserve if he’s elected president. Romney criticized Fed Chairman Bernanke for printing too much money in a bid to stimulate the economy. (April 25, 2012) Drudgereport: Romney would boot Ben... And, not only because bernanke as has obama failed miserably; good, sound management all but requires that he do so (as per the late Peter Drucker among the multitude of Management experts). Wobama, the lazy jive-talking b***s*** artist, despite campaign rhetoric to the contrary, literally continued all things dumbya bush. ]‘The Federal Reserve says that everything is going to be okay.  The Fed says that unemployment is going to go down, inflation is going to remain low and economic growth is going to steadily increase.  Do you believe them this time?  As you will see later in this article, Federal Reserve Chairman Ben Bernanke has been dead wrong about the economy over and over again.  But the mainstream media and many Americans still seem to have a lot of faith in the Federal Reserve.  It doesn't seem to matter that Bernanke and other Fed officials have been telling the American people lies for years.  As I always say, most people believe what they want to believe, and many people seem to want to have blind faith in the Federal Reserve even when logic and reason would dictate otherwise.  The truth is that things are not going to be getting much better than they are right now.  When the next wave of the financial crisis hits, the U.S. economy is going to fall back into recession, financial markets are going to crash and unemployment is going to absolutely skyrocket.  But you will never hear any of that from the Federal Reserve. The following are 5 new lies that the Federal Reserve is telling the American people.  After each lie I have posted what The Economic Collapse Blog thinks is actually going to happen....’ http://albertpeia.com/benbsshalombernankesellsfedpansgoldstandard.htm http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htm , Dave Fry: ‘Did you know during the 2008 bear market nearly 50% of earnings reports beat estimates.’ ..  Just As Predicted, Initial Claims Miss Huge, Yet Magically Improve Recall what we said less than an hour ago: "what will most likely happen is a print in the mid to upper 380,000s, while last week's number will be revised to a 390K+ print, allowing the media to once again declare that the number was an improvement week over week. In other words, SSDD." SSDD it is: last week's 386K number was revised to 389K, meaning the massive miss relative to expectations of 370K last week just got even worse. This is the 10th week in a row of misses to the weaker side and the 16th of the last 18. And while this week's miss was whopping as usual, with expectations of 375K being soundly missed after the print came at 388K on its way back to 400K, the media can sleep soundly because the absolute lack of BLS propaganda means that the sequential progression is one of, you got it, improvement. In other words here is what the headlines in the Mainstream Media will be: "Initial claims improve over prior week." In fact here it is from Bloomberg: "U.S. Initial Jobless Claims Fell 1,000 to 388,000 Last Week." ..No propaganda. No data fudging. No manipulation at all. Just endless laughter at the desperation. , What Costs How Much, Where? Presenting The "Apple Index" 4-25-12 , March Durable Good Implode, Worse Than Lowest Wall Street Forecast And Biggest Drop Since January 2009 ,  FOMC's Bag Of Tricks Is Empty... For Now - Full Statement Redline  , The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 CNSNews.com | Since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56. { Quite simply, wobama the b for b***s*** has run this country like the typical mentally troubled nigger that he is! }

USA #1? 40 Embarrassing Things That America Is The Best In The World At  http://albertpeia.com/40badthingsusabest.htm  , They Love Death  http://albertpeia.com/theylovedeath.htm

 

 

 

The Truth Behind President Obama’s ‘Slow Jam’ Student Loan Propaganda  Patrick Henningsen | Higher education is America’s new scam, with Obama’s student loan R&B speech furthering the lie, but what about Obama’s own student loans?  [ The truth is that when it comes to wobama the b for b***s***, there’s no truth! ] Lew Rockwell: The Government is A Gang of Thieves at Large! The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 CNSNews.com | Since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56. { Quite simply, wobama the b for b***s*** has run this country like the typical mentally troubled nigger that he is! } USA #1? 40 Embarrassing Things That America Is The Best In The World At  http://albertpeia.com/40badthingsusabest.htm  , They Love Death  http://albertpeia.com/theylovedeath.htm

 

 

22 Red Flags That Indicate That Very Serious Doom Is Coming For Global Financial Markets

http://theeconomiccollapseblog.com

 

http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htm   [ Very serious doom indeed, even as the market’s rallying as I write this with ‘HFT Algo’s gone wild’ with their 1 trick pony, Apple beating more modest estimates with lower guidance prospectively. I hate to rain on any parade but across the board, much lower guidance is in order! ]

‘If you enjoy watching financial doom, then you are quite likely to really enjoy the rest of 2012.  Right now, red flags are popping up all over the place.  Corporate insiders are selling off stock like there is no tomorrow, major economies all over Europe continue to implode, the IMF is warning that the eurozone could actually break up and there are signs of trouble at major banks all over the planet.  Unfortunately, it looks like the period of relative stability that global financial markets have been enjoying is about to come to an end…’ 

http://albertpeia.com/shillingsaysstockswillplunge43percent.htm , http://albertpeia.com/ecricallsrecession.htm  , ‘Massive Wealth Destruction’ Is About to Hit Investors: Faber   http://albertpeia.com/massivewealthdestructionabouttohit.htm , RICHARD RUSSELL: A Massive Stock Market Collapse Will Wipe Out 60 Years Of Inflation And Leveraging Business Insider ,  http://albertpeia.com/22signsglobalrecessiondepression.htm , The 15 Trillion Dollar Party  http://albertpeia.com/bankruptamericadestroyingthefuture.htm  , Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm  , No Housing Recovery Until 2020 In 5 Simple Charts http://albertpeia.com/nohousingrecoveryuntil2020in5charts.htm , The Mother Of All Infographics: Visualizing America's Derivatives Universe   Fasten Your Seatbelts: High Frequency Trading Is Coming To The Treasury Market    [

 

 

The Bundesbank’s in Hot Water… Will It Take the Heat or Throw the ECB Under the Bus? April 24, 2012 By gpc1981
http://albertpeia.com/bundesbankinhotwater.htm  [  You’d think the Weimar experience was sufficient deterrent to the crazed money-printing in ‘defacto bankrupt american style’ in the eurozone; but you’d be wrong in so thinking. ]

Merkel’s Back is Against the Wall… Time for Germany’s “Plan B”?

April 23, 2012 By gpc1981  http://gainspainscapital.com

 

[  http://albertpeia.com/germanyplanb.htm  ]

 

 

 

 

US home prices drop for 6th straight month USAGold.com   

Apr 24th, 2012 07:39 by News

 

{ Yes, it’s all that bad and worse. Don’t forget, pervasively corrupt and defacto bankrupt, they and wobama the b for b*** are obfuscating the reality of just how bad, by spending money they don’t have, because this is an election year.  http://albertpeia.com/caseshillerhousingchart42412.jpg    America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke…The government’s total indebtedness is $211 trillion  Chimps Throwing Poop And 29 Other Mind Blowing Ways That The Government Is Wasting Your Money  http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm   }



Guest Post: Charles Krauthammer Mourns Over NASA Cuts, I Celebrate

Leading neoconservative (read “closet Trotskyite“) commentator Charles Krauthammer’s latest Washington Post editorial pays homage to the glory days of NASA and the retirement of the space shuttle Discovery.  Titled “Farewell, the New Frontier,” the piece evokes mental images of Uncle Sam losing his international prestige as President Obama scales down NASA’s space exploration endeavors. Contrary to Krauthammer, NASA has never represented America’s collective vision of frontier exploration.  It has been just another bureaucratic black hole for Washington to throw dollars at in hopes of buying reelection. Because one of the main tenets of economics is considering the unseen, then it can be assumed that space exploration would very well be advanced far beyond what we see today if it was left completely out of the hands of the state.  If Krauthammer truly wished the human race capable of traveling into the new frontier of the stars, he would welcome NASA cuts rather than lament. How ironic then is today's news of Planetary Resources as investor and avowed anarchist Doug Casey thoughtfully observes on the inefficiency of NASA: "We should have colonies on the moon by now, and more: We should be mining the asteroids and developing real estate on Mars."

{ A bit much, to be sure (Casey) … my own position on this same topic regarding the same WP Editorial:

Krauthammer: Farewell, the New Frontier (Washington Post) [ I’m frankly a bit surprised, Mr. Krauthammer. I personally have long since stopped being disappointed; one builds up a tolerance to reality after a time. Pity? The only pity rationally should be the new frontier of rational, civilized behavior on terra ferma, aka earth. Not that it matters mind you, given the decades at best constraint. Then, rationality counting, there’s those other more earthy constraints called debits and credits, assets and liabilities, revenues and spending, etc.; and, as is particularly relevant here, the reality that the nation, as is the world generally as a hole, excuse me, whole, is defacto bankrupt! America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke…The government’s total indebtedness is $211 trillion’).

If I could be disappointed, Mr. Krauthammer, it would be because you uncharacteristically sound like a pubescent schoolchild! The ‘space program(s)’ were boondoggles, plain and simple. Chimps Throwing Poop And 29 Other Mind Blowing Ways That The Government Is Wasting Your Money  http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm 

43,454,601,693,238 Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock  Zero Hedge
October 17, 2011
By now everyone has had a chance to play with the US debt clock. But what about its global cousin? Courtesy of The Economist, we now have a convenient way to track the hundreds of millions in dollars added each and every hour by the global governments who see to spur global deleveraging by, you guessed it, adding more debt. Yes, in the process the world’s sovereigns are transferring default risk away from global corporations to sovereigns, but few in the #OWS crowd appear to have yet figured out this rather disturbing and very insidious usurpation of sovereignty by the global corporatocracy, so said risk and leverage transfer will continue until such time as any and all paper backed by these insolvent corporate shells (f/k/a countries) is completely worthless. Regardless, one should not forget that like in the sandalone case, the “debt clock” below only tracks on balance sheet debt. Should one add the NPV of all “welfare state” obligations (pensions, retirement, healthcare), the number will be well over quarter of a quadrillion dollars. Have fun funding that, never mind paying it off… http://www.economist.com/content/global_debt_clock

Scientists fear end of trips to Mars They’re worried and angry as the White House won’t commit to the plan to explore the red planet. (Washington Post) [ Been there, done that courtesy of Brian DePalma. Why waste money the nation doesn’t have by going back? After all, the nation is defacto bankrupt.  buzz aldrin wants to colonize Mars … Riiiiight buzzed! Better check with DePalma to see if he already has the footage in the can since you won’t be able to use the moon footage for the new boondoggle video ... ‘Mission to Mars’ … Previous: OBAMA SPEECH OUTLINES PLANS FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS LIKE A PLAN … FOR INNER SPACE (IMAGINATION).

Astronauts' tracks, trash seen in new moon photos [ The easiest thing in the world to contrive (don’t forget they can with some precision today send robotics to ie., mars, etc.) and doctor so don’t be taken in by their fraudulent b***s***! They’re probably desperately looking for some money / budgetary consideration for their continued boondoggles. No man has ever set foot on the moon to date. As NASA transitions, U.S. space politics in a state of flux  (Washington Post) [ U.S. space politics? I didn’t know there was such a thing. But I, and I’m sure all know that ‘u.s. politics are spaced’. Flux? One could only hope. I’d say, ‘fleeced’; as in we’ve all been fleeced.  Sterner: 5 myths about NASA   (Washington Post) [ If you can’t get past the first myth; viz., that they actually set foot on the moon, the other 5 so-called myths become irrelevant. Indeed, post-Eisenhower, and certainly post-Kennedy-assassination / coup d’etat, NASA was all military / military industrial complex (moreover, someone knowledgeable about such matters said essentially that in explaining to my surprise the transition to the shuttle program it was said there was greater military application in same). In any event, Russia’s been doing quite a bit of ‘heavy lifting’ vis-à-vis the space station, but not inordinately so. All I can say with certainty is that the universe beyond this solar system is forever protected / insulated. The fact is, they never set foot on the moon; and, in light of the pervasive corruption in and defacto bankruptcy of the nation, their perpetual wars toward making a hell on earth militate against anything but trying to do even just a little bit better (for a start), terrestrially.   NASA wants mission to bring Martian rocks to Earth (AP) Why? They already have that and more:   Launch of secret US space ship masks even more secret launch of new weapon    The Militarization of Outer Space: The Pentagon’s “Space Warriors”  Global Research | It’s not as if things aren’t bad enough right here on planet earth. Now the Defense Department wants to up the stakes with new, destabilizing weapons systems that will transform low- and high-earth orbit into another “battlespace.”     


NASA's New Asteroid Mission Could Save the Planet  Space.com - Tariq Malik -
CAPE CANAVERAL, Fla. - President Barack Obama set a lofty next goal this week for Americans in space: Visiting an asteroid by 2025. Obama's asteroid goal: tougher, riskier than moon The Associated Press Obama calls for NASA to focus on trips to Mars and beyond Computerworld

New Boondoggle promised to save NASA boondoggle defacto bankrupt budget piece of pie. And don’t forget, Bruce Willis and Ben Affleck, et als, have already done this so it’s not as if they’re starting from ‘ground zero’, so to speak; and Brian DePalma already has ‘Mission to Mars’ in the can, but beware say the producers of ‘Species II’ since Eve, the cloned daughter of Sill, might want to mate with astronaut Paddy Ross who has returned from Mars as a space alien host body.

First fake moonwalker blasts Obama's space plan  msnbc.com - Bill Ingalls - The first man to pretend to walk on the moon blasted President Barack Obama's decision to cancel NASA's back-to-the-moon program on Tuesday, saying that not going with the new movie is “devastating” to america's boondoggle spaced out effort. Fake dutch 'moon rock' revealed a treasured piece at the dutch national museum - a supposed moon rock from the first manned lunar landing - is nothing more than petrified wood, ...bbc news bbc news | europe | fake dutch 'moon rock' revealed prized moon rock a fake - a piece of moon rock given to an overseas politician by the united states is actually a lump of petrified wood, museum authorities revealed yesterday. ... 'Moon rock' in dutch museum is just petrified wood aug 27, 2009 ... Fake moon rock at dutch national museum. Rijksmuseum / ap. This rock, supposedly brought back from the moon by american astronauts, ...    http://www.albertpeia.com/moonfraud.htm  

In reality it is just a piece of petrified wood ... Another piece of evidence that shows again that apollo program is indeed a fake and a typical american fraud!   
http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv    ]  }

 

Why Is It Necessary For The Federal Government To Turn The United States Into A Prison Camp?

http://theeconomiccollapseblog.com

 

http://albertpeia.com/usprisoncamp.htm

{ I really must say that this is a tough one because the vast majority of americans are inherently criminal, with the highest crime rates in the world among the so-called ‘civilized’ nations (you can’t count the blacks of sub-saharan africa as civilized, and there’s no question but that the blacks have disproportionately skewed the american crime rates, particularly violent crimes, higher); including, from my direct observation and experience, that within all three branches of the u.s. government. Indeed, the (should be prison) inmates are running this asylum called america. The reality is that there are so many americans that are not in jail who should be in jail, it’s difficult to avoid these harsh third world measures in what has essentially become a third world nation overrun by the most sordid, despicable criminals one can imagine. They must really prosecute the biggest criminals including the oligarchs as, ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat offenders, etc., without exception. The problem with america is not the terrorist threat from without, but rather the plethora of inherently criminal americans within. Moreover, the corruption is pervasive and systemic. Unfortunately, crime pays in america and pays well; and, God help you if you try to live within the law and get in their way or potentially cost them money or some of their illegal business because no one else will. There’s criminal control at all levels of american society. That’s the problem; with the relatively few non-criminally inclined, criminal by complicity inasmuch as americans are for the most part gutless cowards who go along to get along along with a million other excuses, not the least of which is ‘the price was right’. That’s reality! That said, it’s the ‘for or agin’ me primitive mentality that pervades the u.s. government, ‘thought police’, arbitrary powers of detainment, abrogation of first admendment rights, internet intrusion/censorship, arbitrary enforcement of the law, etc., that is and I find particularly appalling, counter-productive, and regressive. There is an element of projection, given some of the evil things the government has done abroad; blowback being not entirely out of the realm of possibility which ultimately is the sad consequence of the worst of human nature which is invariably inclined to go too far in the worst way. The sad fact is that as with any banana republic, the governmental powers that be go to whatever nefarious lengths necessary (control by whatever means, at some level) to unreasonably maintain their access to undeserved power, money, resources, luxuries, etc.,  invariably to the detriment of the vast majority as is so here in america today. There are very few positive things that can be said of america today. I, for one, cannot think of any at all!   [  ‘america, love it or leave it’? Love it? Truth be told, I don’t even like america!  See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm    http://albertpeia.com/fbimartinezcongallard.htm  
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia/americangovernmentdrugtrafficking.htm     http://albertpeia/americascorruptiondrugtrade.htm  ]  }

 

 

The UN Plan For Running The World: Global Carbon Taxes, Global Safety Nets And A One World Green Economy
{ Come on! They can’t even run their own respective sinkholes competently! }

http://endoftheamericandream.com

 

http://albertpeia.com/unsoundslikeaplanfordisasterontheway.htm

 

‘Did you know that the UN has a plan for running the world and it is right out in the open?  It is called "sustainable development", but it is far more comprehensive than it sounds.  The truth is that the UN plan for running the world would dramatically alter nearly all forms of human activity…’


How Liberty Was Lost

Paul Craig Roberts | When did things begin going wrong in America?

http://albertpeia.com/howlibertywaslost.htm

‘When did things begin going wrong in America?

“From the beginning,” answer some. English colonists, themselves under the thumb of a king, exterminated American Indians and stole their lands, as did late 18th and 19th century Americans. Over the course of three centuries the native inhabitants of America were dispossessed, just as Israelis have been driving Palestinians off their lands since 1948.

Demonization always plays a role. The Indians were savages and the Palestinians are terrorists. Any country that can control the explanation can get away with evil.

I agree that there is a lot of evil in every country and civilization. In the struggle between good and evil, religion has at times been on the side of evil. However, the notion of moral progress cannot so easily be thrown out…’

 

 

 

(California had 9 out of the 10 worst metro areas for employment in the nation)  http://www.washingtonpost.com/business/economy/10-metro-areas-with-highest-unemployment-rates/2011/09/07/gIQAUjKqLL_gallery.html#photo=2 

 

 

 

http://albertpeia.com/studentloandebtbubble.htm      http://albertpeia.com/anddebtslaveryforall.htm

   America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere one looks…The government’s total indebtedness is $211 trillion’.    The Simple Problems Of Too Much US Debt  10 Reasons Why The Reign Of The Dollar As The World Reserve Currency Is About To Come To An End  http://theeconomiccollapseblog.com http://albertpeia.com/10reasonsdollarreservecurrencyending.htm

 The Shocking Truth About Unemployment In America In One Chart http://albertpeia.com/shockingtruthofunemploymentinamerica.htm

 

 

 

Fed likely to stay the course, even as economic recovery appears mixed Fed not expected to announce any new actions to boost economy after policy meeting on Wednesday. Wonkblog: Is the Fed fueling a bond bubble?  (Washington Post) [ Stay what course? Failure? More unaffordable, inflationary QE for the sake of the frauds on wall street? … Bond bubble? Not just bonds; but that and any other worthless paper that can be monetized, securitized, hypothecated, re-hypothecated, an d so on, ad nauseum, over and over, again and again. 

Fed working to address failures(Washington Post) [ Failures? Not for the frauds on wall street who just love the fed failing accidently on purpose with purposeful failed policies that favor the frauds on wall street only. Fed economists disagree over construction jobs’ lesson for economy (Washington Post) [ Wow! Well, at $275,000 (stimulus) a pop (job), and then the contraindicated, inflationary, dollar debasing QE’s for the sake of their ‘buds’ on fraudulent wall street, I’d say not ‘lesson for economy’, but rather, lessons on the economy (economics) for them are warranted. ECRI Stays with Recession Call  New American | The vicious cycle is starting where lower sales, lower production, lower employment and lower income [leads] back to lower sales… http://albertpeia.com/ecricallsrecession.htm  , STOCKS RALLY DESPITE BAD NEWS: Here's What You Need To Know Business Insider , 4-2-12  ‘Massive Wealth Destruction’ Is About to Hit Investors: Faber   http://albertpeia.com/massivewealthdestructionabouttohit.htm , RICHARD RUSSELL: A Massive Stock Market Collapse Will Wipe Out 60 Years Of Inflation And Leveraging Business Insider ,  http://albertpeia.com/22signsglobalrecessiondepression.htm , The 15 Trillion Dollar Party  http://albertpeia.com/bankruptamericadestroyingthefuture.htm  { WALL STREET IS SO FRAUDULENTLY BEYOND THE PALE; FOR THERE IS NO QUESTION BUT THAT THEY BELONG IN JAIL! }  , Both The Market and Government Are Irrational Paul Craig Roberts | One of the great economic myths is that markets are rational. Not a day passes without this myth being disproved scores of times, but the myth persists. [ 3-30,29,28,-12 Familiar theme of suckers’ rally off lows to keep suckers sucked in and window dress another fraudulent quarter at national expense for wall street welfare. 3-26-12 As was so last pre-crash, particularly this election year of desperation, bernanke resorts to his ‘jaw-boning’ (another dog who made news called this ‘baffling them with b***s***’); yet, it’s fraudulent wall street that conditions ‘all’ to believe the easy money / over-printed created Weimar dollars, a clear negative (you’re paying for the wall street welfare; ie, gas, food, etc., prices {  Financial Crisis Phase II Is Ahead at Forbes Bert Dohmen ‘ In late 2007, I wrote the book Prelude To Meltdown, predicting the global crisis that occurred the following year.  I now see a similar confluence of events .. “the new recession has started.”… Over the past 33 years, we have called the start of every recession..Currently, the GDP deflator is 1.8%, which hardly reflects the true rise in prices. Therefore, what is counted as “growth,” is actually price increases. Actual inflation..is now more than 11%. Using that to adjust GDP for inflation, would show that the economy is now in a very sharp contraction…’ }  rallies those pieces of paper/computer entries via HFT algos programmed to go wild with such talk, making this a great opportunity to sell, take profits while you can, much worse to come! http://albertpeia.com/10reasonsdollarreservecurrencyending.htm [ ‘No-recession-helicopter-ben-b.s.-shalom-bernanke’ is a complete and utter failure who should be fired. He has failed all fed mandates (infra), while ‘electioneering/yearing’ a frothing of the markets with QE’s overt and sub rosa with runaway printing/creation of evermore worthless Weimar dollars for the irrationally exuberant wealth effect of frothing the markets for appearances and particularly for the frauds on wall street to ultimately as in last crash, the detriment of the vast majority. ( http://albertpeia.com/30bunglebenbernankequotes.htm  http://albertpeia.com/benbsshalombernankesellsfedpansgoldstandard.htm  )  Remember: All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.--Arthur Schopenhauer

Guest Post: Why Bernanke Has Failed, And Will Continue To Fail

 

China’s ‘princelings’ turn privilege into influence-peddling profit  The role of a potent network of “red nobility” has become a touchy issue ahead of Communist Party’s fall congress expected to elevate Xi Jinping to power. ‘Greed trumps all ideologies’ (Washington Post) [ I’m a bit surprised that this article appeared on the front page giving the impression that american-styled corruption / pay-to-play is rampant in China. Quite the opposite is true where some guilty of even minor acts of corruption (ie., bribery, etc.) are literally executed ‘in short order’. While I’m realistically no fan of communism where ‘everyone’s equal but some more equal than others’, the fact is that whatever you want to call it, america’s system has become so pervasively corrupt, so bankrupt that it should in no way be somehow ‘relatively okay’ by specious implication as herein owing to some ‘purportedly universal trait’  as greed. The only ideologies notably visible in practice and reality in america are thievery, fraud, bribery, war crimes, murder, illegal drug distribution, etc.; and of course, that’s not ideology at all, but rather, typical americana as one would expect from any banana republic. At best, this was a fluff piece that more properly should have been placed in the ‘advertisements/classified’ section. USA #1? 40 Embarrassing Things That America Is The Best In The World At  http://albertpeia.com/40badthingsusabest.htm  , They Love Death  http://albertpeia.com/theylovedeath.htm

 

New espionage unit to focus on high-profile targets (Washington Post) [ Oh come on! Another bureaucratic black hole? They should focus on themselves. In the final analysis, history will write america as its own worst enemy that brought itself down from within for the sake of the military industrial complex as warned against by the great but underrated President General Eisenhower and the greedy few it serves (including the frauds on wall street, etc.). Cruisin’ for a bruisin’ consistent with a course set for losin’, america’s disavowed Dale Carnegie with a national theme akin to ‘How to Make Enemies and Not Influence People’! That’s domestic and global, attested to by poll numbers disapproving the u.s. government that are tantamount disavowal, so bad they are. Chimps Throwing Poop And 29 Other Mind Blowing Ways That The Government Is Wasting Your Money  http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm  , Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm  , No Housing Recovery Until 2020 In 5 Simple Charts
http://albertpeia.com/nohousingrecoveryuntil2020in5charts.htm
, The Mother Of All Infographics: Visualizing America's Derivatives Universe   Fasten Your Seatbelts: High Frequency Trading Is Coming To The Treasury Market    [