6-21-12 POSTS 

 

[To today’s News / Topics]

 

 

Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well done and worth a watch!  }

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Dave’s Daily: http://www.etfdigest.com  http://etfdigest.com/commentary.html  ‘As readers know I’ve been on the “down low” waiting for the Greek elections and FOMC statement. This, and staying liquid, proved the right move for now. After all, as someone famously said, “tomorrow’s another day.”Markets started the trading day inundated by a litany of crummy economic data. Jobless Claims (387K vs 383K expected & prior revised higher as per normal to 389K) made for a mild headline beat but overall the trend is worsening. The “flash” (why do we need one?) PMI estimate came in cold (52.9 vs 53.8 expected & prior 53.9); Bloomberg Consumer Comfort Index fell again (-37.9 vs -36.8 previous); Existing Home Sales were poor dropping 1.4% (4.55M vs 4.62M prior) or housing market not “fixed”; if that weren’t enough, the important Philly Fed Survey imploded (-16.6 vs .5 expected & prior -5.8). Put these together and Operation Twist seems pathetically inadequate requiring perhaps another Fed meeting adjustment which would be seen by many as more politically motivated. Let’s face it; Bernanke & Co have gotten things wrong. The administration and congress haven’t been helpful either.Goldman Sachs (GS), and no doubt prepositioned, issued a short S&P 500 call. Late in the trading day rumors Moody’s would issue bank downgrades this evening and into Friday morning. Names mentioned for downgrade include Citigroup (C), Bank of America (BAC), JP Morgan (JPM), Goldman Sachs (GS) and Morgan Stanley (MS). For some banks this could mean margin calls especially for MS.In the eurozone, the Bundesbank rejected Italy’s Monti call for ECB bond purchases—Europe not “fixed”.On the earnings front, Micron (MU), Red Hat (RHT) and CarMax (KMX) all reported results that missed analysts’ expectations and those stocks fell sharply as did just about everything else. Commodity markets (DBC), (USO) & (JJC) for example continued their decline. The dollar (UUP) was higher on eurozone confusion and gold (GLD) fell sharply as investors scramble for cash to meet inevitable margin calls.Volume was higher by recent averages on the large sell-off which is quite common for days like this. Breadth per the WSJ was quite negative and short-term overbought conditions (noted here yesterday) have been wiped-out…’  ,  Moody's downgrades 15 major global banks  ,  Germany Could Pull Out of the Euro Before Spain is Even “Saved”  June 21, 2012 By gpc1981   http://albertpeia.com/germanypullout.htm  ,  Here We Go: Moody's Downgrade Is Out - Morgan Stanley Cut Only 2 Notches, To Face $6.8 Billion In Collateral Calls   ,  Taibbi Is Back With The Scam Wall Street Learned From the Mafia  ,  The Deer Is Back As Markets Go 'Reality-On' Today wasn't the worst plunge in the stock market so far this year... It was the second-worst by a whisper. And just like that we are one third of the way down to Goldman's target. But everything is priced in? It seems that between the realization that global growth may actually be slowing (between China PMI and this morning's Philly Fed) and the recognition that there is no-QE-without-a-crash, markets began to lose steam early on this morning (led by energy names crushed by the biggest two-day drop in oil in over 9 months). Then Goldman's timely note to short the market if you want Bernanke to act (and the rumors of pending global bank downgrades) sent us over the edge as the S&P lost its upchannel and plunged (down over 40pts from its highs of Tuesday). The Dow is following a very worrisome pattern (echoing last year far too well) as it lost the second most points in the year. Gold (and the rest of the commodity complex - led by WTI -7% this week) fell notably as the USD surged to up almost 1% on the week. Gold's and USD's moves suggested further pain for the S&P as Treasuries stabilized at notably better levels and did not plunge on the day (though much of this is equities playing catch up to a longer-term dislocation). VIX jumped over 3 vols back over 20% (as perhaps the jump in implied correlation we highlighted was on to something). AUD (as we suggested) was crushed as risk-on trades drive carry-off and the China trade dumped it by the most in a day since November (almost back to parity). Heavy volume and a big pick up in average trade size suggest this has more to run as broke back under the 50DMA and back inside the down-channel for the S&P.  , 

 

 

 

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Propaganda, Lies, And War  ZeroHedge.com  Tyler Durden  6-21-12  Despite already being engaged in drone wars in Pakistan, Somalia, Yemen, and still occupying Afghanistan, the U.S. is being duped into yet another war based on shaky evidence and at the behest of deep-pocketed special interests.  This is coming even while a secretive cyber war already being waged to damage Iran’s nuclear capability.  According to the Pentagon, “computer sabotage coming from another country can constitute an act of war.”  Not only that, but the draconian sanctions thus far placed on Iran are doing enormous harm to the citizens who hardly have a say in what their government does.  The Belgium-based SWIFT payment system that facilitates most international payments has already denied service to many Iranian banks.  With the imposing of an oil embargo from the European Union just around the corner (July 1st) that will all but make it impossible for oil tankers to be insured by Lloyd’s of London, an actual naval blockade is being floated by U.S. lawmakers.  Much like the Antebellum South and Japan, Iran too is being pushed into a corner.... Then and now, wealthy special interests are a driving force behind American imperialism.  Lies will be spun till they are seen as facts.  When the truth comes out, the irreparable damage will already be done.  Like anything the state lays its filthy hands on, war is a racket.  The beneficiaries of the ruling class’s gleeful foray into mass murder are few in number.  The masses, still brainwashed into feverish nationalism, end up paying the costs with their pilfered income, eroded liberty, and, ultimately, their own lives.

 

 

“You Can Lose Freedom Only Once” Posted by : testosteronepit Post date: 06/21/2012 - Swiss Minister of Defense speaks up while Merkel joins the Axis of Evil   ,  Ponzi Comes Full Circle: ECB Will Rate Sovereign Bonds It Accepts As Collateral   ,  Initial Claims Miss For 7th Week In A Row, "Improve" From Last Week's Bogus Revised Number  And so the gaming continues: Initial Claims miss expectations of a 383K print, coming at 387K, a number which next week will be revised to 390K. This is the 7th miss in a row, and 23rd miss of the past 26 weeks. It is also the highest 4 week average since December. But the mainstream media has its soundbite: "initial claims decline by 2,000" because, lo and behold, last week's 386K print was revised to 389K. We have discussed this topic to death: little to add here. The ceremonial scripting by the BLS continues full bore. The only real data point in today's release: those collecting extended claims continue to hit the 99-week cliff, as 42K more drop off Komrade Samov's free lunch dole. Finally, judging by the somewhat muted positive market response to this latest piece of horrible economic news, the data was bad but not bad enough: we need a 400K+ print for the ES to get back to 1,400 it appears.

 

Data Mining: Big Corporations Are Gathering Every Shred Of Information About You That They Can And Selling It For Profit   http://albertpeia.com/datamining.htm   ,  120 Powerful Pieces Of Advice For Preppers    http://albertpeia.com/adviceforpreppers.htm    

 

 

Was BlackRock's Permabull Bob Doll Fired For Stealing Financial Models?  Two weeks ago, when we remarked with great satisfaction that Wall Street's original pentagram of bull had now been cut to three, with the departure of BlackRock's hypermabull Bob Doll, we had one lingering question: why would a strategist, and not a trader, leave Wall Street in the "prime" of his CNBC prime-time years? After all, it is not like Doll ever was right, or was judged by the quality of his predictions - if that was the case he would have been fired years ago. Basically, there was a big question mark surrounding this departure. Today, we may have gotten our answer: as Reuters reports, it appears Doll may have been dipping into the wrong model. Financial model that is.

 

 

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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  , The Economic Collapse Is Not A Single Event    http://albertpeia.com/economiccollapsenotsingleevent.htm    ,   The Spanish Bailout Explained With One Image  Zerohedge.com  http://albertpeia.com/suicidegun.jpg  ,  AMERICA’S FAILED ECONOMIC APPROACH IN A NUTSHELL (image courtesy of Dave Fry http://etfdigest.com )  :  http://albertpeia.com/insanity.jpg   Well done, Dave!   ,  Dave’s Daily: http://www.etfdigest.com   http://etfdigest.com/commentary.html  ‘THE FED DOES AS ADVERTISED 6-20-12  The result of Greek elections seemed a non-event and now so too are the Fed’s action. The former is back to limbo with a renegotiation stalemate with more of the same to come. The Fed’s extension of “Operation Twist” was widely predicted as the likely outcome of their meeting. The former makes you wonder why anyone believes the eurozone is “fixed” while the latter begs the question: “If you’ve been twisting for the past 6 months without any positive benefit, why continue?” In his news conference Bernanke told reporters the Fed had lowered GDP forecasts (1.9-2.4% from 2.4-2.9%) and expected unemployment to remain above 8% through year-end. INVESTORS EXPECT BAILOUTS & QE  { Keep this in mind as you read the data infra, QE has blatantly failed and actually has exacerbated an already bad economic situation for all but the frauds on wall street, yet the architects of this unequivocal failure, viz., the incompetents at the fed, other bureaucrats, pols, etc., clamor for more of the same (by Einstein’s or any other definition that’s called insanity) }  6-15-12 ‘The economic news Friday was terrible but that’s just leads to the cocktail libation bulls want. Remember: “bad news is good” so get with the program folks. The likely scenario is more bond buying and an extension of Operation Twist (OT as in moving to “overtime”). The Empire State Mfg Survey (2.28 vs 13.8 expected & prior 17.09) was an unmitigated disaster. It implies a sub-50 ISM number soon. But wait, there’s more…as Consumer Sentiment (74.1 vs 77.5 expected & prior 79.3) also laid an egg. Industrial Production (-.1% vs 0% expected & prior revised lower to 1%) completes the downward trend in economic data. ..CENTRAL BANKS THREATEN INTERVENTION 6-14-12 ‘We began Thursday with terrible Jobless Claims data (386K vs 375K exp & prior revised higher again to 380K). Further another 135K unemployed fell off the benefits rolls in one week. But, the previous theme the past few years now remains, “bad news is good” because the Fed and other central banks will launch more QE BULLS ARE EXPECTING MORE FED QE ‘“I’ve been in favor of pretty much any accommodative policy I’ve heard about,” said Charles Evans, President of the Chicago Fed on Bloomberg TV. What a remarkable statement? (Actually, he says this kind of stuff all the time.) Using his logic you could take anyone off the street and get something accommodative Evans would sign off on. But essentially this is what bulls are hanging their hat on Tuesday… Investigate, and try as I might, there isn’t much reason to rally beyond the powers of the Fed’s printing press and some oversold conditions. As mentioned previously, let’s not forget quad-witching Friday and portfolio manager bonuses due at quarter end. Sure it’s cynical but it’s a fact. The roller coaster ride of uncertainty continues causing investors to sell and shorts to be squeezed. It’s a manipulated algo driven affair. So it’s no wonder many investors have fled markets seeking safety in bonds or mattress money generally...’  , 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 trillionSuckers’ rally into the close off lows to keep the fraud rollin’ as in previous session, Dave Fry/Dave’s Daily: Timing is Everything vs. Seductive Hype { Yes, Dave; indeed that’s true, timing is everything, certainly in stock market investing. And, REMEMBER: ONLY A FEW DAYS LEFT TO SELL IN MAY AND GO AWAY !  IF YOU HAVEN’T SOLD BY JUNE YOU ARE A LUNE!  Great opportunity to sell into this short-covering / HFT algo-driven rally into the close to window dress the bad news / bad fundamentals scenario; because, there are no bargains on fraudulent wall street. Dave’s Daily: http://www.etfdigest.com ‘…After being down nearly 200 points markets turned around late as the infamous 2:15 PM Buy Program Express kicked-in (a few minutes late) and stocks rallied sharply off lows as another short squeeze began…’  },  ,    Rajoy: Pain in Spain to deepen despite bank rescue AP  ,  Farage On The Spanish Bailout: "A Reinforcement Of Failure"   Dave’s Daily: http://www.etfdigest.com  MARKETS RETHINK SPAIN AND ITALYMARKETS RALLY ON LIGHT VOLUME 6-8-12 ‘Markets started the day off weakly then rallied late because…wait for it, Spain is rumored to be willing to ask for help, and Obama said European leaders face an “urgent need to act”. No, you can’t make this kind of stuff up. His statement is about as effective as a Kofi Annan Syrian peace plan. Search as I may, there seems to be little hard news to explain Friday’s rally…’ {  This all too familiar foolishness/fraud on wall street so inconsonant with reality presents again a great opportunity to sell / take profits!  },  6-7-12 Think about the preposterousness of yesterday’s 286 point pop on the DOW based on b***s***, contraindicated hopes for QE, etc., Previous day: 6-6-12 The ultimate suckers’ rally on hopes for contraindicated QE which has clearly NOT WORKED for all except the frauds on wall street enriched thereby at everyone else’s expense (higher gas prices, costs, etc.) and to keep suckers sucked in; this is a huge opportunity to sell/take profits. Reality from Dallas Fed’s Fisher, “And there is a growing sense that we are unwittingly, or worse, deliberately, monetizing the wayward ways of Congress. I believe that were we to go down the path to further accommodation at his juncture, we would not simply be pushing on a string but would be viewed as an accomplice to the mischief that has become synonymous with Washington.”as per Dave who’s all over this travesty: Dave’s Daily: http://www.etfdigest.com  BIG WEDNESDAY SHORT SQUEEZE 6-6-12 ‘There wasn’t much in the way of “hard news” to account for Wednesday’s large stock market rally beyond oversold conditions. The ECB left interest rates unchanged. Germany did mumble something about helping Spanish banks in some undefined manner. And, in a show of defiance or cluelessness, France cut the retirement age to 60.The U.S. Productivity & Cost report was negative (-.9% vs. -.8% expected & prior -.5%). Some bulls spun this as showing employers would be willing to hire more. That seemed a stretch. Other bulls spun it to mean more QE certainly.The Fed’s Beige Book report released this afternoon reflects old data from the spring which as most know showed growth as moderate…’ ,  Morgan Stanley Sees QE3 Rally Lasting Hours Not Weeks Zerohedge.com Tyler Durden ,  Form Worst To First - S&P Has Best Day Of 2012 Shortly After Worst   ,  On Capital Markets, Confidence Tricks, And Criminals     ,  US factory goods orders -0.6% in Apr, well below market expectations of +0.3% vs big negative revision for Mar from -1.5% to -2.1%; inventories unch.  ,  Big factory orders miss on top of last week’s grim jobs data sends some of those in the record dollar long position heading toward the exit.  , 21 Signs That This Could Be A Long, Hot, Crazy Summer For The Global Financial System  http://albertpeia.com/21signsbadsummerforglobalfinancialsystem.htm   ,  The EU’s Systemic Risk: Why This Time IS Different  http://albertpeia.com/eusystemicrisk.htm ,  Dave’s Daily: http://www.etfdigest.com   FORCING THE FED’S HAND 6-4-12 ‘Trading desks and hedge funds may just keep driving equity prices lower until the Bernanke led Fed responds with the QE3 they want…’  ,   The Bad Jobs Report Is Just A Very Small Taste Of The Nightmare That Is Coming  http://albertpeia.com/badjobsreportsmalltasteofcomingnightmare.htm , "The End Game: 2012 And 2013 Will Usher In The End" - The Scariest Presentation Ever?   ,   Biderman: "Everyone Is Now A Seller Of US Stocks" ZeroHedge.com , Albert Edwards Has Some Words Of Discouragement: Welcome To S&P 500 Hell  "Expect the S&P500 to decline decisively below its March 2009, 666 intraday low.  All hope will be crushed." http://albertpeia.com/sp500todeclinebelow666.htm    ,   Guest Post: Uncle Sam Admits Monitoring You For These 377 Words  Dave’s Daily: http://www.etfdigest.com   5-29-12 MARKETS RISE ON STIMULUS HOPES ‘…the ultimate Ponzi Scheme…‘ , ALGOS FEAST ON RUMORS    5-24-12 ‘The overall news continues to be dreadful…’  http://albertpeia.com/dave.htm   ,  The Real Obama Budget Deficit For 2011: 5 Trillion Dollars   http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm { Related: 34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger  http://albertpeia.com/34shockingfactsofusdebt.htm  } , Greece Could Implode the Second Bailout and the EU by Mid-June http://albertpeia.com/greecesecondbailouteuimplosion.htm   ,  Eurobonds: The Issue That Could Shatter Europe  http://albertpeia.com/eushatteringeubonds.htm   ,  As Reality Recedes, Rumor Rampage Returns   ,  Biderman On Bad Data And China's Recession  ,  On The Predictability Of European Lies  ,  HP to lay off about 27,000, profit slides 31 percent    ,  http://albertpeia.com/obamas5trilliondollarlie.htm  , http://albertpeia.com/fedecbcantstopcomingcrash.htm , http://albertpeia.com/bankrunsspainitalyeuropeanarchy.htm  , 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

 

 

 

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Germany Could Pull Out of the Euro Before Spain is Even “Saved”

June 21, 2012 By gpc1981   http://albertpeia.com/germanypullout.htm

As I’ve ( Graham Summers ) assessed in earlier pieces, neither the Fed, nor the IMF, nor the EFSF, nor the ECB has the firepower or the political backing to prop up Spain or the EU.

This ultimately leaves the ESM, the permanent European Stability Mechanism… which technically doesn’t even exist yet (it’s supposed to be ratified by July 2012).

That’s right… the bailout fund which is meant to SAVE Europe doesn’t even exist yet. And it’s not clear that it will anytime soon either…

Indeed, in order for the ESM to be ratified it needs the individual EU member states that will contribute 90% of its capitalization to first ratify it on an individual basis.

Here’s the list of countries that represent that 90% of capital as well as the status of their individual ratifications and the percentage of funding they are to provide.

Country

Ratified?

Percentage of Capital

Germany

NO

27%

France

YES

20%

Italy

NO

18%

Spain

NO

12%

Netherlands

YES

6%

Belgium

NO

3%

Greece

YES

3%

Austria

NO

3%

Portugal

NO

2%

Finland

NO

2%

Ireland

NO

1%

Slovakia

NO

0.8%

Slovenia

YES

0.5%

Luxembourg

NO

0.2%

Cyprus

NO

0.1%

Estonia

NO

0.1%

Malta

NO

0.07%

To summate the above chart succinctly… only four of the required 17 countries have even ratified the ESM (it’s supposed to be completely ratified in July 2012).

Moreover, you’ll note that the PIIGS as a whole are meant to contribute 36% of the ESM’s FUNDING!!!! Spain and Italy alone are meant to contribute 30%!!!!

So… Spain is supposedly going to be bailed out by an entitythat doesn’t even exist yetfor which Spain is mean to contribute 12% of the funding. And to top it off… Spain hasn’t even ratified the fund itself!!!

More importantly, neither has Germany. And it’s not clear that it will either.

To whit, Germany’s ratification of the ESM is buried in legislature that includes, among other things, the proposal of a financial transaction tax, which is extremely popular with the Social Democrat Party (SPD), the main opposition party to Chancellor Angela Merkel’s Christian Democratic Union (CDU).

Thanks to recent elections, which saw Merkel’s CDU party get trounced (again, German voters are FED UP with bailouts), the SPD now controls 11 of Germany’s 16 states.

This is a big deal because the SPD is playing hardball regarding the passage of the ESM legislation due to the fact that Merkel is not viewed to have been serious about implementing the transaction tax proposal (which the SPD is pushing for along with various other growth measures for the Germany economy).

Merkel is scheduled to meet with the opposition leaders tomorrow. If they cannot strike a deal it is quite possible that Germany won’t be able to ratify the ESM legislation before the July 1 deadline.

The SPD made it clear that it is willing to risk this just a few weeks ago:

German SPD Pushes Growth Saying Merkel’s Crisis Policy Failed

The timetable for passing the fiscal pact and associated legislation to set up the permanent bailout fund, the European Stability Mechanism, is “completely unrealistic,” Steinmeier told reporters in Berlin today. The government underestimated the mechanics of getting the two-thirds majority in parliament needed to pass the legislation and it is “very ambitious to assume” both bills pass before the summer recess, he said.

http://www.bloomberg.com/news/2012-05-15/german-spd-pushes-growth-saying-merkel-s-crisis-policy-failed.html

As I have stated many times in the past, politics trumps financial and economic issues in Europe…’

 

 

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Data Mining: Big Corporations Are Gathering Every Shred Of Information About You That They Can And Selling It For Profit

http://albertpeia.com/datamining.htm

When most people think of "Big Brother", they think of the FBI, the CIA, the NSA, the Department of Homeland Security and other shadowy government agencies.  Yes, they are definitely watching you, but so are many big corporations.  In fact, there are some companies that are making tens of millions of dollars by gathering every shred of information about all of us that they can and selling it for profit to anyone willing to pay the price.  It is called "data mining", and these data miners want to keep track of literally everything that you do.  Most people know that basically everything that we do on the Internet is tracked, but data mining goes far beyond that.  When you use a customer rewards card at the supermarket, the data miners know about it.  When you pay for a purchase with a credit card or a debit card, the data miners know about it.  Every time you buy a prescription drug, that information is sold to someone.  Every time you apply for a loan, a whole host of organizations is notified.  Information has become an extremely valuable commodity, and thanks to computers and the Internet it is easier to gather information than ever before.  But that also means that our personal information is no longer "private", and this trend is only going to get worse in the years ahead.

You have probably never even heard of many of these companies that are making millions of dollars selling your personal information.  Acxiom and Epsilon are two of the biggest names in the industry, and most of the time they are selling your information to companies that want to sell you stuff.

Almost every single day, very personal information about you is being bought and sold without your permission and it is all perfectly legal.

A recent article in The Week says the following about Acxiom....

An Arkansas company you've probably never heard of knows more about you than some of your friends, Google, and even the FBI — and it's selling your data

The scale of the information gathering that Acxiom does is absolutely mind blowing.  If you can believe it, Acxiom actually keeps track of more than 190 million people inside the United States....

The company fits into a category called database marketing. It started in 1969 as an outfit called Demographics Inc., using phone books and other notably low-tech tools, as well as one computer, to amass information on voters and consumers for direct marketing. Almost 40 years later, Acxiom has detailed entries for more than 190 million people and 126 million households in the U.S., and about 500 million active consumers worldwide. More than 23,000 servers in Conway, just north of Little Rock, collect and analyze more than 50 trillion data 'transactions' a year.

So what does Acxiom want to know about you?

Everything.

The following is from a recent New York Times article about Acxiom....

IT knows who you are. It knows where you live. It knows what you do.

It peers deeper into American life than the F.B.I. or the I.R.S., or those prying digital eyes at Facebook and Google. If you are an American adult, the odds are that it knows things like your age, race, sex, weight, height, marital status, education level, politics, buying habits, household health worries, vacation dreams — and on and on.

Companies such as Acxiom literally want every shred of information about you that they can possibly get.

Once they gather all that data, Acxiom analyzes it, packages it and sells it to large corporations such as Wells Fargo, HSBC, Toyota, Ford and Macy's.

And being in the "Big Brother business" is very, very profitable.

Acxiom made more than 77 million dollars in profits during their latest fiscal year…’

 

 

 

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6-21-12 GALLUP: OBAMA FALLS TO 43%...

Housing market hits 15-year low...

MOODY'S DOWNGRADES THE BANKS

Unlike 2,000-Death Count in Iraq, ABCNBCPBSMSNBC Skip 2,000 Marker in Afghanistan...

Retiring Dem: 'The People Have Gotten Dumber'...
Sandusky's son says his father abused him...

Judge Bars Media From Reporting Verdict Until Court Is Adjourned...

Italian PM: We have a week to save eurozone...
Starving Greeks line up by the thousands for food handouts...

ZOMBIE: Naked man bites off chunk of arm...

PAPER: Obama's grandfather tortured by the British? A fantasy (like most of the President's own memoir)... {  http://albertpeia.com/wobamaschoomgangfantasy.htm  }

JAILHOUSE CALLS: Zimmerman told wife to buy bulletproof vest...
WAR ZONE: 7 Killed, Dozens Wounded During Obama Visit to Chicago...

More killed this year than in Afghanistan...
Bill Maher: 'The Problem With Racism Is Matt Drudge'... { Oh riiiiight! Drudge is the racist for reporting facts/reality concerning black on every color crime along with black threats. What can you expect from maher who is an null sum embarrassment/disgrace who like the italian scallion had married (and I believe is now divorced from) a black (he like booby deniro need rationalization)? } Here’s some reality for maher who doesn’t mahter:

U.S. Cannibal Updates: Doctors release first photos of Miami cannibal victim...
**WARNING: Extremely graphic**  [ See here: http://albertpeia.com/blackcannibalswhitevicitm.htm  ]
U.S. CANNIBAL UPDATES:

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

CANNIBAL UPDATES: CRUISED MIAMI IN 2010?

COPS: Canadian cannibal on run in France -- dressed as woman...

CANNIBAL CAPTURED IN BERLIN...
Arrested at Internet cafe -- looking up stories on himself!
Shady, Master of Disguise...

{ U.S. Cannibal Update }: Maryland cannibal ranted on FACEBOOK...

Ming Qu and Ying Wu Murder Case: Two arrested in the killings of ... (CBS) LOS ANGELES - Los Angeles police Friday announced the arrests of two suspects in connection with the shooting deaths of two Chinese graduate students who attended the University of Southern California, reports CBS Los Angeles.  [ { Yup! Typical lawless, uncivilized niggers! The following comment to the article sums it up: ‘Three blacks shooting two Chinese students. Where is the public outcry and protests? Where are all of those that were screaming injustice when Trayvon Martin was shot?’ }

http://albertpeia.com/blackonyellowcrime.htm

http://albertpeia.com/blackonwhitecrime.htm

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

FUGITIVE CANNIBAL WARNED: I CAN'T STOP KILLING...
Scary digital trail...
Gay White Porn Star Wanted by Interpol...

CANNIBAL STRIKES IN MARYLAND... { Yes, another black cannibal; with ties to wobama’s home country of Kenya, Sub-Saharan Africa. }
SHOCK DETAILS...

South Beach Cannibal 'Put Under Voodoo Curse'... {Riiiiight! That voodoo thing made him do it! Oh yeah, that and the evil white man’s bathing salts also the culprit!}
VIDEO SHOWS BIKES RIDING PAST SOUTH BEACH CANNIBAL ATTACK!

MORE GRISLY DETAILS...
'BATH SALTS' TRIGGERED SOUTH BEACH CANNIBAL { Riiiight! Fine young black cannibal, driven cannabalistic by bath salts made by those evil white overlords! How 'bout the inherent cannabilistic trait as manifested here; the recurring theme of ‘Roots’, they’ll choose white meat over dark meat every time! 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    }

Flash Mob of 40 Kids Storm 7-ELEVEN over Free Slurpee Promotion, Beat Manager, Raid Shelves...

 

REPORT: Woman viciously beaten at MCDONALD'S drive-thru...
'This is for you, you white b***ch! This is a grape soda!'
{
The description of the suspects - two black women and one black man - is vague. The best clue police have to go on right now is they were driving a light-blue Cadillac with temporary tags. }

HORROR: Mob of 20 'hooded blacks' storm UK pub, drag man out, stab him to death...
Half of Florida high school students fail reading test...
COPS: 19-year-old white student beaten by two separate black gangs...

Dershowitz: Zimmerman acted in self-defense. so drop murder charge...
Evidence Backs Up George Zimmerman's Version of Shooting...

Witness Told Cops: Trayvon Straddling And Punching 'MMA Style'...

New evidence in Trayvon Martin case raises more questions
Trayvon Martin's autopsy shows he had marijuana in his system the night he was killed by neighborhood watch volunteer George Zimmerman, and a gunshot to his chest came from close range, according to nearly 200 pages of previously undisclosed documents released Thursday.

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…’

 

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

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
 

http://albertpeia.com
 

Compendium of Important Business / National / World News / Topics / Articles / Headlines

http://albertpeia.com/articlelinkspage3.htm 

 

 

 

 

AMERICA’S FAILED ECONOMIC APPROACH IN A NUTSHELL (image courtesy of Dave Fry http://etfdigest.com )  :  http://albertpeia.com/insanity.jpg     Well done, Dave!   ,  Will Toledo, Ohio Be The First Major American City To Be Owned By China?  http://albertpeia.com/holytoledo.htm 

 

 

What Is Executive Privilege?  There has been much talk today about Obama's use of the "executive privilege" yet few are familiar with the details of this relatively unknown presidential option. The AP sheds much needed light on this practice: perhaps the most fitting, to the constitutional expert president, is that the "privilege" isn't in the Constitution nor has been clearly defined by the courts. In other words - just the kind of loophole that one needs to mask the fact that the very person tasked with imposing justice is himself guilty of performing just the opposite. Yet Obama has only used it once (so far) during his tenure as president. Dubya used it six times, Bush Sr used it once also. Slick Willie however takes the cake with 14 cases of executive privilege during his 8 years..’  ,  Guest Post: Abandoning Ship - The Eurozone Is Failing At An Accelerating Rate  ,  Faster And Furiouser: Darrell Issa Strikes Back, Holds Eric Holder In Contempt  ,  Spain is Now Facing a Banking Crisis and a Sovereign Crisis at the Same Time June 20, 2012 By gpc1981   http://albertpeia.com/eugameover.htm

 

Will Toledo, Ohio Be The First Major American City To Be Owned By China?

http://albertpeia.com/holytoledo.htm

 

Spain is Now Facing a Banking Crisis and a Sovereign Crisis at the Same Time June 20, 2012 By gpc1981   http://albertpeia.com/eugameover.htm

 

 

WHERE IS THE BROAD-BASED NATIONWIDE, WORLDWIDE COVERAGE THIS FRAUD OF THE CENTURY DESERVES? This is serious business; viz., that wobama’s total b***s*** and an utter fraud! Are people too embarrassed to admit they’ve been hoodwinked by this total fraud, conman, grifter? This is so egregious that pathological is not nearly sufficient to describe what more aptly is nothing short of borderline if not outright criminal.

Video: Obama biographer analyzes the president

 (CNN) - David Maraniss, who wrote the recently published Barack Obama biography, "Barack Obama: The Story," on Wednesday characterized ...

New Book Raises Questions About Obama's Memoir

New York Times (blog)‎ - by Michael Shear

David Maraniss

davidmaraniss.com/

Maraniss is a skillful, thorough writer with an eye for telling detail, … a fact-finding contemporary historian with an artist's touch and feel.” – Ed Bark, Dallas ...

 

PAPER: Obama's grandfather tortured by the British? A fantasy (like most of the President's own memoir)... By Toby Harnden PUBLISHED:| UPDATED:{  http://albertpeia.com/wobamaschoomgangfantasy.htm  }

‘A new biography of Barack Obama has established that his grandfather was not, as is related in the President’s own memoir, detained by the British in Kenya and found that claims that he was tortured were a fabrication.

'Barack Obama: The Story' by David Maraniss catalogues dozens of instances in which Obama deviated significantly from the truth in his book 'Dreams from My Father: A Story of Race and Inheritance'. The 641-page book punctures the carefully-crafted narrative of Obama’s life…’

Will Russian And Chinese Military Forces On Syrian Soil Prevent Obama From Bombing Syria?

http://albertpeia.com/russiachinarational.htm

 

 

 

6-20-12 THE LONGEST DAY: EXECUTIVE PRIVILEGE

House panel votes Holder in contempt...
FULL HOUSE TO VOTE NEXT WEEK...
OBAMA REFUSES TO TURN OVER 'FAST AND FURIOUS' DOCUMENTS...
PELOSI: 'I could have arrested Karl Rove on any given day'...

Obama Spends More Than He Raises...
Team shrugs off campaign criticism...
Another Hollywood Fundraiser?

SHOCK: $9 Billion in 'Stimulus' for Green Projects Created Just 910 Jobs!

PAPER: Obama's grandfather tortured by the British? A fantasy (like most of the President's own memoir)... {  http://albertpeia.com/wobamaschoomgangfantasy.htm  }

JAILHOUSE CALLS: Zimmerman told wife to buy bulletproof vest...
WAR ZONE: 7 Killed, Dozens Wounded During Obama Visit to Chicago...

More killed this year than in Afghanistan...
Bill Maher: 'The Problem With Racism Is Matt Drudge'... { Oh riiiiight! Drudge is the racist for reporting facts/reality concerning black on every color crime along with black threats. What can you expect from maher who is an null sum embarrassment/disgrace who like the italian scallion had married (and I believe is now divorced from) a black (he like booby deniro need rationalization)? } Here’s some reality for maher who doesn’t mahter:

U.S. Cannibal Updates: Doctors release first photos of Miami cannibal victim...
**WARNING: Extremely graphic**  [ See here: http://albertpeia.com/blackcannibalswhitevicitm.htm  ]
U.S. CANNIBAL UPDATES:

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

 

 

19 Reasons Why It Is Time To Start Freaking Out About The Global Economy  http://albertpeia.com/19reasonstofreakoutaboutglobaleconomy.htm  ‘Yes, it is officially time to start freaking out about the global economy.  The European financial system is falling apart and it is going to go down hard.  If Europe was going to be saved it would have happened by now.  The big money insiders have already pulled their funds from vulnerable positions and they are ready to ride the coming chaos out.   Over the next few months the slow motion train wreck currently unfolding in Europe will continue to play out and things will likely really start really heating up in the fall once summer vacations are over.  Most Americans greatly underestimate how much Europe can affect the global economy.  Europe actually has a larger population than the USEurope also has a significantly larger economy and a much larger banking system… Moreover, before Obama there had never been a deficit anywhere near $1 trillion.  The highest previously was $458 billion, or less than half a trillion, in 2008. The federal deficit for the last budget adopted by a Republican controlled Congress was $161 billion for fiscal year 2007.  But the budget deficits for Obama’s four years were reported in Obama’s own 2013 budget as $1.413 trillion for 2009, $1.293 trillion for 2010, $1.3 trillion for 2011, and $1.327 trillion for 2012, four years in a row of deficits of $1.3 trillion or more, the highest in world history. #19 Barack Obama almost seems more focused on his golf game than on the problems the global economy is having.  He just finished up playing his 100th round of golf since he became president. (Don’t forget as well, wobama’s record 150 fundraisers plus heavily vacationed tenure leaves little time to accomplish anything; and, he hasn’t!)  ,  The Mancession: 16 Signs That This Economic Decline Is Sucking The Life Out Of The American Male  http://albertpeia.com/16signseconomicdeclinesuckinglifeoutofamericanmale.htm   ,  Your EBT Card Has Been Denied... At The Spearmint Rhino  ZeroHedge.com  Tyler Durden 6-19-12  America's welfare state is about to suffer a double whammy of epic proportions. On one hand, extended unemployment benefits are now running out at a pace of 100,000+ per week, as more and more American's lose eligibility for Komrade Samov's 99-week sponsored vacation, meaning millions of Americans heretofore sitting comfortably on their couch playing Call of Duty and collecting $400 a week will now start having to think for a change - never a good thing for any regime that relies on its electorate to be docile as drunk and fat Hindu cows.. "New York would prohibit welfare recipients from spending their tax-funded benefits on cigarettes, alcohol, gambling, and strip clubs under a bill passed overwhelmingly by the state Senate on Tuesday. "I understand that people need food stamps," said Republican Sen. Thomas Libous... "What I don't understand is why they need to go to strip clubs, buy lottery tickets, go to a 'racino' or buy alcohol." Wait, you mean you can't spend other people's money to pay for a lap dance? What crazy form of inhumane austerity is this. And isn't spending taxpayer dollars at the Spearmint Rhino one of the amendments to the post-Obama constitution? But perhaps the scariest implication is that New Yorkers actually do spend their EBT money at the Spearmint Rhino right off the card, being ripped off with the traditional 15% plastic surcharge instead of just paying cash. Now that is really stupid. 

 

Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well done and worth a watch!  }

http://www.albertpeia.com/wobamaschoomgangbangin.wmv 

 

The Mancession: 16 Signs That This Economic Decline Is Sucking The Life Out Of The American Male

http://albertpeia.com/16signseconomicdeclinesuckinglifeoutofamericanmale.htm

 

PAPER: Obama's grandfather tortured by the British? A fantasy (like most of the President's own memoir)... By Toby Harnden 6-19-12{  http://albertpeia.com/wobamaschoomgangfantasy.htm  }

 

 

Guest Post: Who Destroyed The Middle Class? (Part 1)  “Over the last thirty years, the United States has been taken over by an amoral financial oligarchy, and the American dream of opportunity, education, and upward mobility is now largely confined to the top few percent of the population. Federal policy is increasingly dictated by the wealthy, by the financial sector, and by powerful (though sometimes badly mismanaged) industries such as telecommunications, health care, automobiles, and energy. These policies are implemented and praised by these groups’ willing servants, namely the increasingly bought-and-paid-for leadership of America’s political parties, academia, and lobbying industry.” – Charles Ferguson  ,  In Case Of NEW QE, Gold To $1,900-$8,500 Says SocGen  ,  Guest Post: Springtime For The Military-Industrial Complex  America is spending more today drone-striking American citizens in Yemen, drone-surveilling Mexican drug lords and “turning our attention to the vast potential of the Asia-Pacific region“ than she was during the cold war when a hostile superpower had thousands of nukes pointing at her. Military contractors have nothing to fear. Whether it is the Pacific buildup to contain Chinese ambition, or drone strikes in the horn of Africa or Pakistan, or the completely-failed drug war, or using the ghost of Kony to establish a toehold in Africa to compete with China for African minerals, or an attempted deposition of Bashar Assad or Egypt’s new Islamist regime, or bombing Iran’s uranium-enrichment facilities, or a conflict over mineral rights in the Arctic, or (as Paul Krugman desires — and what the heck, it’s 2012, why not?) an alien invasion, or a new global conflict arising out of a global economic reset, it’s springtime for the military contractors. It’s everyone else who should be worried.  ,  As Job Openings Plunge By Most Since May 2010, Beveridge Curve Goes Berserk  ,  Housing Starts Post Biggest Drop Since August 2011 As Permits Rise

 

 

 

19 Reasons Why It Is Time To Start Freaking Out About The Global Economy

http://albertpeia.com/19reasonstofreakoutaboutglobaleconomy.htm

The big problem is that there is simply way, way, way too much debt in the United States and Europe.  It has been a lot of fun spending all of this borrowed money, but now we get to pay the price.

....

#1 The yield on 10 year Italian bonds has now risen to more than 6 percent.

#2 The yield on 10 year Spanish bonds has now risen to more than 7 percent.  This is considered to be an unsustainable level.

#3 Citigroup Chief Economist Willem Buiter says that both Italy and Spain are going to need major bailouts.

#4 The Spanish banking crisis continues to get worse.  The following is from a CNN article that was posted on Monday....

But the depth of the nation's crisis has raised doubts about whether €100 billion will be enough to recapitalize the banks. For example, the Bank of Spain, the nation's central bank, released data Monday showing that "doubtful" loans -- those that are more than 3 months overdue -- rose to €152.7 billion in April, equal to 8.7% of all the loans held by the nation's banks.

#5 Unemployment in Spain is sitting at a record high of over 24 percent with no hope in sight.

#6 Unemployment in the eurozone as a whole has hit a brand new all-time record high.

#7 The socialists won an outright majority in the recent parliamentary elections in France.  That means that France and Germany are now headed in completely different directions..

#8 New French President Francois Hollande has promised to implement a top tax rate of 75 percent on those making over 1 million euros a year.

#9 German Chancellor Angela Merkel has declared that Germany will not budge at all on the terms of the Greek bailout.

#10 Analysts at Citigroup Global Markets are projecting that the odds of Greece leaving the euro over the next 12 to 18 months are still between 50 and 75 percent.

#11 Money is being transferred from banks in southern Europe to banks in northern Europe at an astounding pace....

Financial advisers and private bankers whose clients have accounts too large to be covered by a Europe-wide guarantee on deposits up to 100,000 euros ($125,000), are reporting a "bank run by wire transfer" that has picked up during May…’

#19 Barack Obama almost seems more focused on his golf game than on the problems the global economy is having.  He just finished up playing his 100th round of golf since he became president. (Don’t forget as well, wobama’s record 150 fundraisers plus heavily vacationed tenure leaves little time to accomplish anything; and, he hasn’t!) 

 

 

PAPER: Obama's grandfather tortured by the British? A fantasy (like most of the President's own memoir)... By Toby Harnden 6-19-12{  http://albertpeia.com/wobamaschoomgangfantasy.htm  }

‘A new biography of Barack Obama has established that his grandfather was not, as is related in the President’s own memoir, detained by the British in Kenya and found that claims that he was tortured were a fabrication.

'Barack Obama: The Story' by David Maraniss catalogues dozens of instances in which Obama deviated significantly from the truth in his book 'Dreams from My Father: A Story of Race and Inheritance'. The 641-page book punctures the carefully-crafted narrative of Obama’s life.

One of the enduring myths of Obama’s ancestry is that his paternal grandfather Hussein Onyango Obama, who served as a cook in the British Army, was imprisoned in 1949 by the British for helping the anti-colonial Mau Mau rebels and held for several months.

Obama’s step-grandmother Sarah, Onyango wife, who is still living, is quoted in the future President’s memoir, as saying: ‘One day, the white man’s askaris came to take Onyango away, and he was placed in a detention camp.

More...Sarah Obama claimed that he was ‘whipped every morning and evening’ by the British. ‘They would sometimes squeeze his testicles with metal rods. They also pierced his nails and buttocks with a sharp pin, with his hands and legs tied together. He was lucky to survive. Some of his fellow inmates were mutilated with castration pliers and beaten to death with clubs.’

But Maraniss, who researched Obama’s life ..no remaining records of any detention, imprisonment, or trial of Hussein Onyango Obama’. ..

This undermines the received wisdom that Obama’s grandfather was a victim of oppression, an assumption that has in turn fuelled theories that Obama harbours an animus towards Britain based on a deeply-rooted rage about the way Onyango was treated.

John Ndalo Aguk, who worked with Onyango before the alleged imprisonment and was in touch with him weekly afterwards said he 'knew nothing' about any detention and would have noticed if he had gone missing for several months.

Zablon Okatch, who worked with Onyango as a servant to American diplomats after the supposed incarceration, said: ‘Hussein was never jailed. I know that for a fact…

.. ‘If you get arrested, you say it was the fight for independence, but they are arrested for another thing.

‘.. If he was in Kamiti Prison for only a day, even if for a day, I would have known.’

Maraniss also casts a sceptical eye on Obama’s grandmother’s tales of racism in Kansas, doubting whether she was ever chastised for addressing a black janitor as ‘Mister’ or ridiculed for playing with a black girl.

Obama himself, Maraniss finds, deliberately distorted elements of his own life to fit into a racial narrative…

Writing about his schooldays, Obama created a friend called Regina, a symbol of the authentic black American experience that Obama yearns for.

Maraniss found, however, that Regina was based on Caroline Boss, a white student leader at Occidental College. Regina was the name of Boss’s Swiss grandmother.

The book also notes that Obama removed two white roommates in Los Angeles and New York from his story..

A tale of the father of Obama’s Indonesian stepfather Soewarno Martodihardjo being killed by Dutch soldiers as he fought for Indonesian independence turns out to be ‘a concocted myth in almost all respects’..

According to the book, both Obama’s father and his paternal grandfather were abusive towards women and Maraniss finds that Obama’s story that he was abandoned by his father when he was two was false – in fact, Obama’s mother fled to Washington state a year earlier, possibly because she was being beaten.

A character in Obama’s memoir called Ray, portrayed as a symbol of young blackness, is in fact based on a fellow pupil who was half Japanese, part native American and part black and was not a close friend…

 

 

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

 

 

 

6-19-12 PAPER: Obama's grandfather tortured by the British? A fantasy (like most of the President's own memoir)... {  http://albertpeia.com/wobamaschoomgangfantasy.htm  }

LEAK: USA, ISRAEL CREATED 'FLAME' VIRUS AIMED AT IRAN

Issa to Holder: Get ready for contempt vote...
Negotiations stuck on getting documents...

Greece's ailing economy grinds to halt...
Companies can no longer afford to pay employees...

French business frustration boils over...
Spain and Italy to be bailed out...

THERE HE BOWS AGAIN: OBAMA MEETS MEX PRESIDENT...

Anti-Romney protesters paid to heckle?

FEDS STIKE OUT AGAIN: Baseball's Clemens acquitted of all charges... { How incredible is this? Trillion dollar wall street frauds (ie., corzine et als) unprosecuted and walking freeh, while the feds are persecuting Clemens over some ‘misperceived slight’. How pathetic these corrupt incompetents are! http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf      
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm 
http://albertpeia.com/fbimartinezcongallard.htm      }

PALIN: DRUDGE HISTORY... { Drudge history? I don’t even know what this headline means; but, I can tell you that palin’s history!

Joe McGinniss Sarah Palin Book, 'The Rogue,' Makes Controversial Claims About Former Alaska Governor  ‘Joe McGinniss's new book, The Rogue: Searching for the Real Sarah Palin, hits bookstores next week, but its controversial claims about the former Alaska governor are already making waves.

In the book, McGinniss writes that Palin had a one-night stand in 1987 with future NBA basketball player Glen Rice nine months before she married her husband Todd. He quotes a friend who said Palin "had a fetish for black guys for a while."

"She was a gorgeous woman. Super nice. I was blown away by her," Rice tells McGinniss in the book, NBC reports. "Afterward, she was a big crush that I had."

McGinniss's book also alleges that Palin had an extramarital affair with her husband's business partner, Brad Hanson, in the mid-1990s, and snorted cocaine off a 55-gallon oil drum while snowboarding.

"An utter fraud. An absolute and utter fraud," McGinniss calls Palin in an interview about the book with NBC.

"At best, she's a hypocrite," McGinniss tells NBC's Savannah Guthrie. "At worst, she's a vindictive hypocrite."

McGinniss famously moved into a house next door to Palin's Wasilla, Alaska home to write his book -- prompting the Palins to accuse him of stalking them. They built a high fence along their property to protect their privacy.

In response to McGinniss's book, Todd Palin gave a statement to NBC saying that McGinniss "spent the last year interviewing marginal figures with an axe to grind in order to churn out a hit piece to satisfy his own creepy obsession with my wife."

"I'd ask the fathers and husbands of America to consider our privacy when one summer day I found this guy on the deck of the rental property, just 18 feet away next door to us, staring like a creep at my wife while she mowed the lawn in her shorts," Palin said.

McGinniss says that anything he learned about Palin by living next door did not make it into the book, but he does become a character in the story himself.

The New York Times writes in its review:

Soon Mr. McGinniss is settling in to enjoy the fuss his mere presence has created. "Normally, for a news story to continue beyond the first 24-hour news cycle, something newsworthy must occur," he writes loftily, but "The Rogue" is filled with proof to the contrary. What was his hate mail like? He quotes it. What did Glenn Beck call him? That’s here too. Who took umbrage at this venom and chose to help him? One man offered him a hideout, despite Mr. McGinniss's slight skepticism about his motives. "But you don’t know me," Mr. McGinniss protested.

McGinniss's book is scheduled to hit bookstores on Tuesday, Sept. 20.’

The Rogue: Searching For The Real Sarah Palin' Cover Revealed Call it Palin Noir. Joe McGinniss' upcoming biography of Sarah Palin has a cover design more fitting for a detective novel. It has a bold...

Joe McGinniss, Palin Neighbor & Author, Leaving Wasilla To Write Book ANCHORAGE, Alaska — Sarah Palin can take down the fence. Palin's neighbor of three months on Wasilla's Lake Lucille, author Joe McGinniss, is packing his...

Bristol Palin Interview Accidentally Reveals Mother's 15 Abortions  www.theonion.comWASILLA, AK—Sarah Palin's political team was forced to do emergency damage control Monday after the former Alaska governor's daughter Bristol accidentally divulged on live television that her mother has undergone at least 15 abortions over the past 30 years. "She's always telling me how special I am, especially considering the five or six babies she aborted before I was born," Palin, 20, said during a CNN interview in which she was asked if she thought her mother would make a good president. "Then of course there were the twins she aborted shortly after having me, another four abortions after Willow somehow survived hers—but anyway, she's a wonderful mom. She just gets pregnant a lot and doesn't always want to have the baby." Palin also commended her mother's strength in carrying three babies with Down syndrome to term, and then even choosing not to give Trig up for adoption like the others.

 

 

6-18-12 America’s Coming Depression Posted by : Bruce Krasting Post date: 06/17/2012 Happy Father's Day! { Truth be told, it’s already here, funny money election-year ponzis notwithstanding! }  ,  Massive Wealth Destruction To Arrive This Year    http://albertpeia.com/massivewealthdestruction2012.htm   , Stocks Edging Closer To Financial Cliff  at Forbes  Charles Biderman,  ‘.. The value of all stocks is still almost double the 2009 lows, yet today incomes are barely growing and realistically with all the headwinds we face there is no hope for rapid growth anytime soon.Every few weeks I feel the need to warn all that at some point stocks are likely to plunge.A little stock market history: Stock prices first rose above Dow 1000 early in 1983. The silicon revolution that started back then with the personal computer, led to the Internet in the 1990s and broadband in the 2000s. The huge productivity gains made possible by the silicon chip has dramatically increased global wealth; particularly the prices of stocks and bonds.In 1982 wages and salaries for all with jobs, including bosses, was $1.6 trillion. That same year, the value of all U.S. stocks, also known as the market cap, was around $1 trillion. Today wages and salaries are about $6.8 trillion, which is more than four times what people made 30 years ago.While wages and salaries quadrupled over the past 30 years; the value of all U.S. stocks has soared almost 18 times to $17.7 trillion today … At some point the central banks will get trashed and the equities markets will drop probably back to near the 2009 lows.Given how Europe is unraveling and emerging markets rates of growth are slowing rapidly, we might be nearer to a major correction than those with lots of money in stocks believe to be true.

 

Forget The Election Results - Greece Is Still Doomed And So Is The Rest Of Europe  http://albertpeia.com/forgetelectiongreeceeuropedoomed.htm    ,  No One’s Asking the REAL Question That Matters for the EU… And It’s Going to Cost Them  gpc1981  ‘..no one seems to be asking THE key question regarding the EU: Just WHERE is the money for this bailout going to come from?.. only four of the required 17 countries have even ratified the ESM (it’s supposed to be completely ratified in July 2012).Moreover, you’ll note that the PIIGS as a whole are meant to contribute 36% of the ESM’s FUNDING!!!! Spain and Italy alone are meant to contribute 30%!!!! So… Spain is supposedly going to be bailed out by an entity that doesn’t even exist yetfor which Spain is mean to contribute 12% of the funding. And to top it off… Spain hasn’t even ratified the fund itself!!! More importantly, neither has Germany. And it’s not clear that it will either. Folks, the real deal is that Europe is out of money. End of story…’  ,  Massive Economic Collapse http://w3.newsmax.com/a/aftershockb/video47.cfm?PROMO_CODE=EF5E-1   ,  "Textbook Economics" Quote Of The Day  ZeroHedge.com For our quote of the day, we go to none other than the Fed's favorite mouthpiece, the WSJ's Jon Hilsenrath: Fed officials have been frustrated in the past year that low interest rate policies haven't reached enough Americans to spur stronger growth, the way economics textbooks say low rates should... Multiply the fruit of cheap credit across millions of households—with healthy portions of interest savings spent on goods and services—and the U.S. should be recovering more quickly, according to textbook economics. No... not the textbooks... Does this mean... Economics 101 is... nothing but one epic lie, based on Ponzi assumptions which work in a world of constant and gradual leveraging, and completely fall apart in a deleveraging world such as the one we have now?  ,  Biderman On Europe: "Germany Must Say No To Greece, Spain, & Italy"   ,  As Part Of Its NEW QE Q&A, Goldman Warns Of Possibility For $50-$75 Billion "Flow" Program  ,  Guest Post: How to Save Your Money And Your Life  ‘You should do the following.

  1. Maintain significant bank and brokerage accounts outside your home country. Consider setting up an offshore asset protection trust. These things aren't as easy to do as they used to be. But they'll likely be much less easy in the future.
  2. Make sure you have a significant portion of your wealth in precious metals and a significant part of that offshore.
  3. Buy some nice foreign real estate, ideally in a place where you wouldn't mind spending some time.
  4. Work on getting official residency in another country, as well as a second citizenship/passport. There's every advantage to doing so, and no disadvantages. That's true of all these things…’

Credit Slumps But VIX Dump Drives Equity Pump  ,  Three Charts Your Stockbroker Won't Want You To See  While every long-only manager and jobbing stockbroker is hard at work twisting the simple logic of 'but, but Central Banks will print and save the world' into a much more appetizing 'US decoupling, cleanest-shirt, ignore Europe, earnings, profits, money-on-the-sidelines' euphemism, we note that the following three charts from UBS suggest that things are not quite as rosy as one might believe

 

Romney: Obama doesn't deserve credit for any recovery { Because there is no real recovery; just increased debt, increased prices to obfuscate the reality of no real recovery! }  Obama’s Harvard law professor Roberto Unger says ‘he must be defeated in 2012′   UK Daily Mail | A former professor of Barack Obama has turned against his one-time student and publicly urged voters not to re-elect him.   http://albertpeia.com/wobamalawprofessorsaysdefeatobama.htm

America’s Coming Depression Posted by : Bruce Krasting Post date: 06/17/2012 - 09:27 Happy Father's Day!

 

Massive Wealth Destruction To Arrive This Year    http://albertpeia.com/massivewealthdestruction2012.htm

 

Forget The Election Results - Greece Is Still Doomed And So Is The Rest Of Europe

http://albertpeia.com/forgetelectiongreeceeuropedoomed.htm

{ They forgot to throw in pervasively corrupt, defacto bankrupt america for good measure. It’s really quite amazing that anyone could possibly think that more of the same, ie., more debt, more printed paper and fiat paper currencies, etc., could possibly solve anything much less exacerbate existing problems already weighing mightily on the respective nations. What it is ‘is’ a contagion emanating from fraudulent wall street which invariably, when reality sets in aka paying the piper, leads to far greater kicks in the can for ‘kicking the can’. }

 

 

Drudgereport: 6-18-12 Bloomberg Overheard Saying Romney Would Be Better at Running Country than Obama { Indeed, because it’s true! } ...

'MODERN-DAY NOSTRADAMUS' WARNS U.S. OF DOOM { One doesn’t have to be a modern-day nostradamus to ‘read these tea leaves’! }...

EU commission president blames crisis on US banks { Yeah! Wall street frauds to be more exact and a ‘save the ever-more worthless dollar’ mindset/approach by the u.s. government. Really! But, europe has proven to be dumb as rocks! } ...

FEDS STIKE OUT AGAIN: Baseball's Clemens acquitted of all charges... { How incredible is this? Trillion dollar wall street frauds (ie., corzine et als) unprosecuted and walking freeh, while the feds are persecuting Clemens over some ‘misperceived slight’. How pathetic these corrupt incompetents are! http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf      
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm 
http://albertpeia.com/fbimartinezcongallard.htm      }

PALIN: DRUDGE HISTORY... { Drudge history? I don’t even know what this headline means; but, I can tell you that palin’s history!

Joe McGinniss Sarah Palin Book, 'The Rogue,' Makes Controversial Claims About Former Alaska Governor  ‘Joe McGinniss's new book, The Rogue: Searching for the Real Sarah Palin, hits bookstores next week, but its controversial claims about the former Alaska governor are already making waves.

In the book, McGinniss writes that Palin had a one-night stand in 1987 with future NBA basketball player Glen Rice nine months before she married her husband Todd. He quotes a friend who said Palin "had a fetish for black guys for a while."

"She was a gorgeous woman. Super nice. I was blown away by her," Rice tells McGinniss in the book, NBC reports. "Afterward, she was a big crush that I had."

McGinniss's book also alleges that Palin had an extramarital affair with her husband's business partner, Brad Hanson, in the mid-1990s, and snorted cocaine off a 55-gallon oil drum while snowboarding.

"An utter fraud. An absolute and utter fraud," McGinniss calls Palin in an interview about the book with NBC.

"At best, she's a hypocrite," McGinniss tells NBC's Savannah Guthrie. "At worst, she's a vindictive hypocrite."

McGinniss famously moved into a house next door to Palin's Wasilla, Alaska home to write his book -- prompting the Palins to accuse him of stalking them. They built a high fence along their property to protect their privacy.

In response to McGinniss's book, Todd Palin gave a statement to NBC saying that McGinniss "spent the last year interviewing marginal figures with an axe to grind in order to churn out a hit piece to satisfy his own creepy obsession with my wife."

"I'd ask the fathers and husbands of America to consider our privacy when one summer day I found this guy on the deck of the rental property, just 18 feet away next door to us, staring like a creep at my wife while she mowed the lawn in her shorts," Palin said.

McGinniss says that anything he learned about Palin by living next door did not make it into the book, but he does become a character in the story himself.

The New York Times writes in its review:

Soon Mr. McGinniss is settling in to enjoy the fuss his mere presence has created. "Normally, for a news story to continue beyond the first 24-hour news cycle, something newsworthy must occur," he writes loftily, but "The Rogue" is filled with proof to the contrary. What was his hate mail like? He quotes it. What did Glenn Beck call him? That’s here too. Who took umbrage at this venom and chose to help him? One man offered him a hideout, despite Mr. McGinniss's slight skepticism about his motives. "But you don’t know me," Mr. McGinniss protested.

McGinniss's book is scheduled to hit bookstores on Tuesday, Sept. 20.’

The Rogue: Searching For The Real Sarah Palin' Cover Revealed Call it Palin Noir. Joe McGinniss' upcoming biography of Sarah Palin has a cover design more fitting for a detective novel. It has a bold...

Joe McGinniss, Palin Neighbor & Author, Leaving Wasilla To Write Book ANCHORAGE, Alaska — Sarah Palin can take down the fence. Palin's neighbor of three months on Wasilla's Lake Lucille, author Joe McGinniss, is packing his...

Bristol Palin Interview Accidentally Reveals Mother's 15 Abortions  www.theonion.comWASILLA, AK—Sarah Palin's political team was forced to do emergency damage control Monday after the former Alaska governor's daughter Bristol accidentally divulged on live television that her mother has undergone at least 15 abortions over the past 30 years. "She's always telling me how special I am, especially considering the five or six babies she aborted before I was born," Palin, 20, said during a CNN interview in which she was asked if she thought her mother would make a good president. "Then of course there were the twins she aborted shortly after having me, another four abortions after Willow somehow survived hers—but anyway, she's a wonderful mom. She just gets pregnant a lot and doesn't always want to have the baby." Palin also commended her mother's strength in carrying three babies with Down syndrome to term, and then even choosing not to give Trig up for adoption like the others.

JAILHOUSE CALLS: Zimmerman told wife to buy bulletproof vest...
WAR ZONE: 7 Killed, Dozens Wounded During Obama Visit to Chicago...

More killed this year than in Afghanistan...
Bill Maher: 'The Problem With Racism Is Matt Drudge'... { Oh riiiiight! Drudge is the racist for reporting facts/reality concerning black on every color crime along with black threats. What can you expect from maher who is an null sum embarrassment/disgrace who like the italian scallion had married (and I believe is now divorced from) a black (he like booby deniro need rationalization)? } Here’s some reality for maher who doesn’t mahter:

U.S. Cannibal Updates: Doctors release first photos of Miami cannibal victim...
**WARNING: Extremely graphic**  [ See here: http://albertpeia.com/blackcannibalswhitevicitm.htm  ]
U.S. CANNIBAL UPDATES:

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

 

 

 

6-15-12 Dave’s Daily: http://www.etfdigest.com  INVESTORS EXPECT BAILOUTS & QE  { Keep this in mind as you read the data infra, QE has blatantly failed and actually has exacerbated an already bad economic situation for all but the frauds on wall street, yet the architects of this unequivocal failure, viz., the incompetents at the fed, other bureaucrats, pols, etc., clamor for more of the same (by Einstein’s or any other definition that’s called insanity) }  6-15-12 ‘The economic news Friday was terrible but that’s just leads to the cocktail libation bulls want. Remember: “bad news is good” so get with the program folks. The likely scenario is more bond buying and an extension of Operation Twist (OT as in moving to “overtime”). The Empire State Mfg Survey (2.28 vs 13.8 expected & prior 17.09) was an unmitigated disaster. It implies a sub-50 ISM number soon. But wait, there’s more…as Consumer Sentiment (74.1 vs 77.5 expected & prior 79.3) also laid an egg. Industrial Production (-.1% vs 0% expected & prior revised lower to 1%) completes the downward trend in economic data…

 

Four Bullet Points Explaining How JPMorgan Doubled Its Money From MF Global's Corpse In Seven Months  ZeroHedge.com

‘Don't read this if you have high blood pressure or if you are a client of MF Global's, whose money is still held by JP Morgan.

  • JPMorgan is put on MF Global bankruptcy committee on November 7, 2011
  • Two weeks later, JPMorgan buys MF Global's 4.7% in LME for 39 million in a "competitive bidding" process
  • 7 months later, on June 15 2012 the LME gets an offer for $2.2 billion from China's HKEX, making JPM's stake worth $103 million
  • JPMorgan makes over 100% cash on cash return in 7 months while MFGlobal money is still stuck at JPM.

In the meantime, Jon Corzine was, is and will always be a freeh man.

 

 

 

Frontrunning: June 15

  • Greece is Relevant: Central Banks Warn Greek-Led Euro Stress Threatens World (Bloomberg)
  • Greece is very Relevant: World Economies Prepare for Panic After Greek Polls (Reuters)
  • ECB's Draghi flags euro risks, spurs rate cut talk (Reuters)
  • And as usual, beggars can be choosers... Hollande Urges Common Euro Debt, Greater ECB Role (Reuters)
  • Wait and flee - Electoral uncertainty sends the economy into suspended animation (Economist)
  • The EU Smiled While Spain’s Banks Cooked the Books (Bloomberg)
  • Osborne’s £100bn Plan for UK Economy (FT)
  • Two Cheers for Britain’s Bank Reform Plans: Martin Wolf (FT)
  • BOJ Holds Policy Ahead of Greek Vote with Eye on Global Markets (Bloomberg)
  • China Hits Back at U.S. Criticisms at WTO (Reuters)

 

The Diminishing Returns Of Central Planning, And Why More Printing Would Have No Impact

 

Lew Rockwell: Ron Paul will NOT Endorse Mitt Romney  { SO WHAT! What could be more meaningless! }

Prisonplanet.com | Lew Rockwell joins Alex to discuss the latest in the Ron and Rand Paul controversy. { I include this and infowars/prisonplanet headlines so as not to be accused of first amendment obstruction. Yet, I’m constrained to point out that I was censored on the alex jones sites who despite endlessly complaining about censorship, do so themselves (particularly regarding American inherently criminal predispositions, which of course lead ineluctably to much of what alex jones complains about, especially corruption). Jones et als complain about jivetalking pre-disposed failed president and dictatorial despot wobama yet seek to be wobama’s best friends in embracing whatever it is that yields proven failure and ominously worse by a petulant attitude that ignores the reality of flawed americana. Fortunately, the grueling primary battle of which Ron Paul was a willing participant has yielded the ultimate winner in November in the person of President Mitt Romney. Sadly, jones remains ‘mr. tubby not too bright’ (he really isn’t that bright) from Texas who just can’t help himself as the moth to the flame in ineluctably embracing losing whenever he can, chiding others for not  following his lemming path beyond the precipice (ie., the wiser Rand Paul – Ron Paul was 77 and never resonated despite equal opportunity to do so), which makes him a loser in spades. He’s really become quite an embarrassment to anyone who has ever appreciated his attempts to call a spade a spade! Signed: Al Peia  I’ve logged in for this one comment only and will post no others, and will delete the account registration in short order.  http://albertpeia.com }    http://albertpeia.com/tubbyjonesnottoobright.htm

 

 

Drudgereport: 6-15-12 Obama bundler in Chicago goes all in for Romney...

Foreign holdings of US debt hit record high...

BIDEN: 'Great' cities in China, not America anymore...

REPORTER INTERRUPTS OBAMA!
PRICKLY IN ROSE GARDEN...
PRESIDENT SCOLDS: 'I didn't ask for argument'...
But doesn't take questions -- again!
EDITOR: 'A reporter's job is to ask questions'...

OBAMA TO GRANT IMMUNITY TO YOUNG ILLEGALS...
FLASHBACK: 'The notion that somehow, by myself, I can do these things, it's just not true'...
Joy and anger...
SHERIFF JOE: 'They will still be arrested'...
Gov. Jan Brewer Blasts 'Backdoor Amnesty' Move...
LIMBAUGH: 'Open Borders Friday'...

FACEBOOK Told Regulators IPO Range Was Near Fair Value…{ Riiiiight! }...
Burglaries rise as Greeks hoarde cash...

Central banks prepare for turmoil...
EGYPT VOTES AMID CHAOS

Los Angeles County courts begin downsizing …{For all their ‘legitimacy’ (my personal experience), it’s a real shame they couldn’t be abolished outright! } ...

Man arrested for public sex with teddy bear -- for fourth time...

BURGLARS BREAK IN, BITE OFF VICTIM'S EAR...
U.S. Cannibal Updates: Doctors release first photos of Miami cannibal victim...

**WARNING: Extremely graphic**  [ See here: http://albertpeia.com/blackcannibalswhitevicitm.htm  ]
U.S. CANNIBAL UPDATES:

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

CANNIBAL STRIKES IN MARYLAND... { Yes, another black cannibal; with ties to wobama’s home country of Kenya, Sub-Saharan Africa. }

South Beach Cannibal 'Put Under Voodoo Curse'... {Riiiiight! That voodoo thing made him do it! Oh yeah, that and the evil white man’s bathing salts also the culprit!}

'BATH SALTS' TRIGGERED SOUTH BEACH CANNIBAL { Riiiight! Fine young black cannibal, driven cannabalistic by bath salts made by those evil white overlords! How 'bout the inherent cannabilistic trait as manifested here; the recurring theme of ‘Roots’, they’ll choose white meat over dark meat every time!

Flash Mob of 40 black Kids Storm 7-ELEVEN over Free Slurpee Promotion, Beat Manager, Raid Shelves...

 

REPORT: Woman viciously beaten at MCDONALD'S drive-thru...
'This is for you, you white b***ch! This is a grape soda!'
{
suspects - two black women and one black man }

HORROR: Mob of 20 'hooded blacks' storm UK pub, drag man out, stab him to death...

COPS: 19-year-old white student beaten by two separate black gangs...

Dershowitz: Zimmerman acted in self-defense. so drop murder charge...
Evidence Backs Up George Zimmerman's Version of Shooting...

Witness Told Cops: Trayvon Straddling And Punching 'MMA Style'...

 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.

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 blacks, including blackbama back to sub-saharan africa! ]

 

Dave’s Daily: http://www.etfdigest.com  CENTRAL BANKS THREATEN INTERVENTION 6-14-12 ‘We began Thursday with terrible Jobless Claims data (386K vs 375K exp & prior revised higher again to 380K). Further another 135K unemployed fell off the benefits rolls in one week. But, the previous theme the past few years now remains, “bad news is good” because the Fed and other central banks will launch more QE. In fact QE is going on now as the Fed today purchased (front ran) 30 year Treasury bonds ahead of the Treasury’s 30 year auction. { image – http://albertpeia.com/61412qe.jpg  } This little bit of manipulation has been ubiquitous but has now expanded to a level not seen previously. In afternoon trading word started filtering (obviously early to insiders) that central banks were once again “all-in” in preparation to intervene in markets post Greek election chaos. All this began as rumors (hence, those in the know were able to push markets higher in a heartbeat) but then came news…’

 

The EU’s Real Agenda: “Lie Until You Are About to Die”  June 14, 2012 By gpc1981   ‘The big news that the markets are attempting to digest this week is the €100 billion Spanish bailout.  This action and the upcoming Fed FOMC meeting on June 19-20 will dictate the market’s action over the next two weeks and possibly for the remainder of the year.The first of these topics, the Spanish bailout, is an extremely complicated affair. The key takeaway issues that need to be considered are:

  1. How the bailout was performed: who was involved and who wasn’t.
  2. The details of the bailout structure itself.
  3. The financial implications of the bailout.
  4. The political implications of the bailout.

Let’s dive in. Spain has been denying the need for a bailout for months now. Indeed, a mere two weeks ago, Prime Minister Mariano Rajoy stated that Spain would not need outside assistance. In fact, when France’s President Francois Hollande implied that Spanish banks might need outside funds at an EU summit last month, Rajoy retorted, “Hollande does not know the state of Spanish banks,” What’s peculiar about this statement was that it was made when the Bankia nationalization was already underway. .. Thus, I would change the common phrase applied to the EU’s political/ financial policies from “extend and pretend” to “lie until you are about to die.”

 

 

Moody's Downgrades Five Dutch Banks By 1-2 Notches

From An Orderly EUR Decline To A Capital Flight Crisis In 4 Easy Steps

Biderman: "The World Cannot Go Back To The Way It Was"

In browsing the last seven months of video commentary that Charles Biderman, of TrimTabs, has produced, he is clear on one thing, "nothing has changed". With an 'admittedly rigged' stock market now at the behest of global central banks and the slow-motion train-wreck in Europe seemingly approaching the end of its can-kicking-road, Biderman is frustrated by the inane financial media's perpetual belief that we are 'a grand plan' away from a return to the way the world was before the crisis began - "We are not!" Wages and salaries in the US continue to stagnate with a $100bn per month deficit as he is incredulous at the belief that we can go on printing $1.3 trillion to produce $250 billion in spending each year. The US economy will double-dip when the Fed's attempt at rigging the stock market and economy is no longer perceived as viable and as the paisley-wearing pontificater expects both inflation (inevitable with CB printing) and deflation (big banks, European and EM equities thanks to the interventionist policies of the global central banks), he suggests gold as a core holding.

 

 

 

6-14-12 Germany sounds crisis alarm as Italy, France demand progress...
Greek health system crumbles under weight of crisis...
Working Without Pay...
ELECTION: Decisive Moment...

Obama Speech Gets Thumbs Down From Political Press?

CHAOS IN CAIRO: MILITARY CLAIMS CONTROL...
A sense of dread...
...coup d’état
Biden Praises 'Arab Spring' on Same Day Egypt Dissolves Parliament...
Witness details shower encounter in Sandusky sex abuse trial...
'Tickle Monster'...
Should have been charged in 1998...
Dozens of NYC students have phones stolen in armed robbery...
Man Beaten By Mob Of Teens In Chicago On Train Over Dropped iPhone..

U.S. Cannibal Updates: Doctors release first photos of Miami cannibal victim...
**WARNING: Extremely graphic**  [ See here: http://albertpeia.com/blackcannibalswhitevicitm.htm  ]
U.S. CANNIBAL UPDATES:

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

 

 

 

 

How Can a Non-Existent Entity Bailout Spain… Or Anyone Else For That Matter? June 13, 2012 By gpc1981  ‘Spain’s Bailout is one big lie.I know, I know… Spain is “saved” thanks to a €100 billion bailout.But no one is asking just where this money will come from?The IMF isn’t involved. Nor is the ECB.The EFSF, which can’t even raise €10 billion without having to step in to insure it doesn’t have a failed bond auction isn’t a possibility (Germany doesn’t want it).That leaves just the European Stability Mechanism (ESM)… except for the little known fact that only FOUR of the necessary 17 EU members have ratified legislation to even CREATE the ESM.That’s right… the ESM doesn’t even EXIST yet.On top of this, Spain and Italy make up 30% of the ESM’s supposed “funding.” That’s right, nearly one third of the mega-bailout fund’s capital will come from countries that are bankrupt themselves and are either already requesting bailouts (Spain) or soon will be (Italy).Finally, and this is the REAL problem with the ESM… Germany hasn’t OK’d it yet.In fact, German opposition leaders have stated point blank that hoping for Germany to ratify the ESM before its due date (July 1) is “completely unrealistic.”So… Spain is going to be bailed out by a non-existent entity whose leading member likely won’t even have ratified its formation… before July 1.Sure things could play out differently. But wasn’t Spain literally on the verge of a systemic Crisis? And we’re talking about weeks… possibly months before it gets a single Euro in bailout funds (assuming the funds even show up at all).So I ask again… WHERE is the money going to come from? It doesn’t exist. The whole Bailout is one big lie. The funds simply are not there.Even if they were, €100 billion is NOTHING compared to the REAL capital needs of Spanish banks. Heck, Bankia alone needs €24 billion… and that’s just ONE BANK out of Spain’s €3 trillion banking system.Folks, if you think we’re out of the storm yet in Europe, you’re in for a very VERY rude surprise. It’s quite likely the EU won’t even exist in its current form before the summer ends.The simple reason… THERE AREN’T ANY FUNDS LEFT TO PROP UP the €46 TRILLION toxic sewer that is the EU banking system. End of story…’  ,  Moody's slashes Spain debt ratings three notches  ,  Dave’s Daily: http://www.etfdigest.com    THE FED BUYS TREASURY AUCTION 6-13-12 ‘Just how does this little game of Finance 2012 work anyway? To quote our friends at Zero Hedge: “A month after the U.S. Treasury sold $24 billion in 10 Year bonds at what was then a record low yield of 1.86%, the U.S. government once again approaches that mysterious primary dealer-repo nexus with the latest offer U.S. banks can't refuse: a $21 billion reopening. What is notable about today's auction is that in about 40 minutes, the auction will price at a record low yield of just about 1.63%, or 23 bps lower to the last record yield. Where things get patently surreal, however, is when one takes a look at today's POMO operation conducted by the Fed (remember those). Because as can be seen on the table below from the NY Fed, at 11 AM today, so precisely 2 hours before when the Treasury will complete its own sale, bought $4.8 billion of... wait for it... 10 Year bonds.” (And, you thought QE and POMO were over probably.) Two hours later the Treasury auctioned $21 billion in 10 year bonds at a yield of 1.622%. You can put 2 and 2 together, but this is the type of stuff which for the most part is done behind the curtain and away from the MSM and financial media more absorbed with Jaime Dimon. Call it what you will—three card Monte, Ponzi or just plain manipulation.

 

 

 

Hannan: "The Euro Is The Problem, Not The Solution" ZeroHedge.com Tyler Durden   ,  These Three Spanish Banks Will Be Downgraded Tomorrow  ,  Spain Loses Final A Rating With Moodys Downgrade To Baa3, May Downgrade Further - Full Text  ,  Egan Who Just Gave Spain The Triple Hooks   ,  Greek Bank Run Update: Up To $1 Billion A Day Now  ,  SocGen's Albert Edwards On Spain: "A Bailout Will Solve Nothing"  ,  Treasury To Sell 10 Year Bonds At Record Low Yield Two Hours After Fed Buys... 10 Year Bonds  , Europe Bailout #5 Is In The Books  ,  Farage: "The Euro Titanic Has Now Hit The Iceberg"  ,  Retail Sales Miss Ex-Autos, PPI Misses; Gold Soars On More QE Expectations Two more data points, two more disappointments ,  Forget Three Months: Italy May Have Two Weeks Tops, As "It Already Is Where Spain Is Heading"  ,  China seen as top economic power and Obama slips overseas  ,  Unholy mess: Vatican amidst mafia money-laundering scandal [ The unholy see? Or are they conveniently blind? ] The Vatican Bank is under media fire as reports emerge that Italian prosecutors suspect it of laundering Sicilian mafia bosses’ riches.  ,  Ex-coach in Sandusky case tells of shower scene San Francisco Chronicle   ‘A former Penn State assistant coach who was a central figure in Joe Paterno's downfall testified Tuesday that he heard a "skin-on-skin smacking sound" in a campus locker room one night in 2001 and saw something that was "more than my brain could handle." Jerry Sandusky was standing naked in the showers behind a boy, slowly moving his hips, Mike McQueary told the jury. McQueary, one of the star witnesses in the child sexual abuse case against Sandusky, said he had no doubt he was witnessing anal sex…’  ,  Accuser: Sandusky threatened me after assault  ,  Pimco’s Bill Gross via Twitter: Gross: Fed buys 10-yr notes at 11am; Treasury sells 10-yr notes at 2pm. One Hand Feeds the Other. Remarkable!   ,  Retail Sales in U.S. Declined for Second Month in May  

 

 

 

 

How Can a Non-Existent Entity Bailout Spain… Or Anyone Else For That Matter? June 13, 2012 By gpc1981  Spain’s Bailout is one big lie.

I know, I know… Spain is “saved” thanks to a €100 billion bailout.

But no one is asking just where this money will come from?

The IMF isn’t involved. Nor is the ECB.

The EFSF, which can’t even raise €10 billion without having to step in to insure it doesn’t have a failed bond auction isn’t a possibility (Germany doesn’t want it).

That leaves just the European Stability Mechanism (ESM)… except for the little known fact that only FOUR of the necessary 17 EU members have ratified legislation to even CREATE the ESM.

That’s right… the ESM doesn’t even EXIST yet.

On top of this, Spain and Italy make up 30% of the ESM’s supposed “funding.” That’s right, nearly one third of the mega-bailout fund’s capital will come from countries that are bankrupt themselves and are either already requesting bailouts (Spain) or soon will be (Italy).

Finally, and this is the REAL problem with the ESM… Germany hasn’t OK’d it yet.

 

Unholy mess: Vatican amidst mafia money-laundering scandal RT [ The unholy see? Or are they conveniently blind? ] The Vatican Bank is under media fire as reports emerge that Italian prosecutors suspect it of laundering Sicilian mafia bosses’ riches.

{ I'm surprised they did this there and not here in the states where drug-money laundering is among other significant crimes, protected. My reply incorporates my direct experience concerning the foregoing and then some here in the states:

FIGHT FOR THE FUTURE <TEAM@FIGHTFORTHEFUTURE.ORG>

I think you should keep this in mind:

There's not even the slightest doubt in my mind that they're already monitoring/wiretapping phones/lines without warrants; and have been doing so for quite some time. [ I actually confirmed this by measuring the impedance on my line with devices for said purpose some time ago]. I personally haven't had such pressing need for privacy; but I support your cause [I also believe they monitor everything you see on your screen and their supercomputers are getting better/faster, etc.].

What I believe this is about is their using/referencing same and such for charges, in court or otherwise, etc..

You must realize the law, arbitrarily enforced at best, coercive consistent with their misguided agendas, is all but absolutely meaningless to them except as used to further their respective agendas. The process is totally corrupt (the very few exceptions are statistically insignificant). After all, you need only look so far as the still unprosecuted largest wall street frauds, the government's illegal drug trade, etc.. [Think of it in terms of arm-twisting without the twisting; unless of course, you don't see/do things their way, in which case you may experience the full weight of the law as they arbitrarily apply it. Don't forget: they have the same employer.]

I've experienced this first-hand:

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   

From a somewhat recent post and my website: http://albertpeia.com

5-22-12 IF IT WAS ONLY ONE THING ABOUT WOBAMA THAT MAKES HIM SO WRONG. YET, IT’S A MULTITUDE OF REALITIES; FROM INVARIABLY BROKEN CAMPAIGN PROMISES (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 , etc.) , TO VERY REAL BIRTH ISSUES (WHAT PERSON FAILS TO GET THEIR PLACE OF BIRTH CORRECT – THE FRAUDULENT WOBAMA KIND http://albertpeia.com/wasntbornintheusa.htm  http://albertpeia.com/obp.jpg  http://albertpeia.com/impeachobama.htm  ) , TO THE CURRENT OBFUSCATING FRAUD,  Obama's Five Trillion Dollar Lie  http://albertpeia.com/obamas5trilliondollarlie.htm  { the economy is  already in depression in real terms when taking into account real inflation numbers. 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…’ } , WOBAMA ET ALS’ DISINGENUOUS ATTACKS AGAINST ROMNEY ON WHAT WAS PRIZED AND LAUDED AS LEGAL, COMPETENT MANAGEMENT INCREASING SHAREHOLDER WEALTH (THE TASK OF COMPETENT MANAGEMENT) IN THOSE BLOATED, NON-COMPETITIVE TIMES CONTRASTED WITH WOBAMA’S UNPRECEDENTED FURTHER BANKRUPTING OF THE NATION AND INDISPUTABLE FAILURE AS PRESIDENT  (Obama's Legacy: A Failed Recovery & Double-Dip Recession  Forbes / Mariotti  ‘…There will be no significant recovery in the United States of America while Barack Obama is President.  The evidence is overwhelming:  everything Obama has tried to fuel a recovery (with his Democratic allies in Congress) has failed.  Statistics claiming jobs saved by the stimulus package were mostly fiction, and cost American taxpayers about $275,000 each.  Nearly 2-1/2 million fewer Americans have jobs than before the stimulus. Barack Obama has been President for 30 months—2-1/2 years. He spent the first year obsessed with passing Obamacare, a program that doesn’t create jobs, but might destroy a lot of them.  He “bailed out” GM, but many believe that his interference didn’t save GM; it merely cost taxpayers an extra $15-20 billion, and stole from legitimate investors to buy off the UAW.  His broken campaign promises are too numerous to list…’). IT IS NOTHING SHORT OF TRAGEDY TO SEE PEOPLE DELUDE AND MAKE FOOLS OF THEMSELVES IN SUPPORT OF JIVE-TALKING GRIFTER/CON-MAN OBAMA. GOOD-BYE FORMER FAILED PRESIDENT WOBAMA … GOOD RIDDANCE!   

 

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 
http://albertpeia.com

 

From: Fight for the Future <team@fightforthefuture.org>
To: albert_peia@yahoo.com
Sent: Tuesday, June 12, 2012 11:18 AM
Subject: CISPA vote delayed!

 

Ok, so here's the latest on CISPA:

Insiders expected the Senate to vote in the week after they returned from Memorial Day recess. But guess what? The week’s over, and no vote. Now we're hearing the Senate might not vote until the 3rd or 4th week of June.

This is exactly what we want. CISPA's supporters are in a race against time: in just 7 weeks Congress will shut down, election season kicks in, and the clock runs out for CISPA. Even better, the fact that Congress postponed the vote means they probably don't have enough "yes" votes yet.

The problem is, they’re working on a deal to get those votes. Which is why we need every person receiving this in California to schedule a meeting at their senator’s office. Call, get a time and date and report back, making sure we can contact you. Others will follow your lead and offer to go with you. Let’s do this -- we have to get into their offices before they finish cutting a deal and pass this awful bill.

Click here to call to get a date and time for a meeting now! (It’s super important)

The odds are against us, but the idea of giving the FBI, NSA, and local police a permanent warrantless wiretap on our online life... well, it makes us sick. Let’s win this one.

-Douglas and Zak
Fight for the Future

 

 

 

 

Drudgereport: 6-13-12 Fears rise over EU handling of debt crisis...
Greeks Withdraw $1 Billion a Day Ahead of Vote...

CASINO BOSS BETS $10M ON ROMNEY! { Good Bet! That’s a Winner! }

CHINA VOTED TOP ECONOMIC POWER ON EARTH...

SLAP: RUSSIA DEFENDS ARMS SALES TO SYRIA

MAG: Is legalizing weed Obama's October surprise?

GERMAN MEDIA TURNS ON OBAMA...

Unions organizing -- unemployed...

COPS: Naked Man High On 'Bath Salts' Tries To Attack 3-Year-Old Girl On Miami Beach Playground...

U.S. Cannibal Updates: Doctors release first photos of Miami cannibal victim...
**WARNING: Extremely graphic**  [ See here: http://albertpeia.com/blackcannibalswhitevicitm.htm  ]
U.S. CANNIBAL UPDATES:

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

 

Dave’s Daily: http://www.etfdigest.com  BULLS ARE EXPECTING MORE FED QE 6-12-12 ‘“I’ve been in favor of pretty much any accommodative policy I’ve heard about,” said Charles Evans, President of the Chicago Fed on Bloomberg TV. What a remarkable statement? (Actually, he says this kind of stuff all the time.) Using his logic you could take anyone off the street and get something accommodative Evans would sign off on. But essentially this is what bulls are hanging their hat on Tuesday…Investigate, and try as I might, there isn’t much reason to rally beyond the powers of the Fed’s printing press and some oversold conditions. As mentioned previously, let’s not forget quad-witching Friday and portfolio manager bonuses due at quarter end. Sure it’s cynical but it’s a fact. The roller coaster ride of uncertainty continues causing investors to sell and shorts to be squeezed. It’s a manipulated algo driven affair. So it’s no wonder many investors have fled markets seeking safety in bonds or mattress money generally…’ ( from Dave’s Daily: http://albertpeia.com/dave.htm )  ,  Biderman On Central Banks: "In The End, They Will Get What They Deserve"  ZeroHedge.com  "We live in interesting times" is the understated introduction to one of Charles Biderman (of TrimTabs) more concerning and stunned rants. With the value of all stocks still around double the 2009 lows yet today's incomes are barely growing, and realistically - with all the headwinds we face - there is no hope for rapid growth in wages & salaries anytime soon, the avuncular analyst feels the need to warn all that "stock prices are due to plunge". Following a little stock market history, Charles notes that while wages and salaries in the US have quadrupled over the past 30 years, the value of all US stocks has risen 18 times. In 1982, stocks relative to wages & salaries were 0.6-to-1 and now the ratio is north of 2.6-to-1. .. Central banks are tying to solve all the world's problems via the printing press and .. the central banks may be the largest market participant but they are not the only one and in the end "they will get what they deserve" as stocks drop to 2009 lows.’  ,  Markets Dead Dog Bounce Back To Friday's Close  ,  Just in! Beat the devil(s)! No, not that Humphrey Bogart film from years ago of that same title; but rather, beat the devils as in jersey devils, as in LA Kings just beat the devils of that sordid, corrupt, mob-overrun, disgusting state of new jersey. I hope I don’t sound like a ‘fair-weather fan’, but I’m now an LA Kings fan for life! Congratulations to the Champion LA Kings! { I really hate new jersey!  http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf      
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm  http://albertpeia.com/fbimartinezcongallard.htm    

 

 

From Capital To Salary Control: France To Cap State-Owned Company Executive Pay  ,  The Great Hyperinflationary Scavenger Hunt  (Illustrated:)… 'Helicopter Ben' failure, we are again reminded that there is a Plan Z. Recall that none other than the Chairman said in 2002: "Keynes ... once semi-seriously proposed, as an anti-deflationary measure, that the government fill bottles with currency and bury them in mine shafts to be dug up by the public." Below, courtesy of William Banzai is an artist's impression of what said scavenger hunt would look like. Will there be an 'app' for that? Maybe AAPL's new 3D Maps will enable the national treasure hunt? Long Shovels.  ,  Global Bailout Curiosity Soars  If Greece, Ireland, Portugal and Spain can do it, why not everyone? Heck, why pay for anything, instead of just ramping up debts, until the consolidated debt load is so high the Fed has no choice but to bail everyone out? Of course, this is purely a thought experiment (for now... there are still 5 months in the presidential race). Still, we were curious to see if there is validation of this meme "out there" - and to do this we of course went straight to the source - Google's most recent addition in tracking public queries, Insights for Search, and looked up the term "bailout." We were not at all surprised to find the English-speaking world's curiosity in this particular synonym for a 'free lunch' (with other people's money) has exploded in the last few weeks.  ,  Rosenberg Defines European Insanity  The situation in Europe goes from bad to worse. Gluskin Sheff's David Rosenberg is back to his bearish roots as he remind us that 'throwing more debt after bad debts ends up meaning more debt'. As he notes, the definition of insanity is (via Bloomberg TV): When you realize that of the potential $100 billion to spend, 22% of that has to be provided by Italy and their lending to Spain is at 3% but Italy has to borrow at 6%. They have to lend to Spain $22bn at 3% - it is just madness. Everybody is getting worried again. The solution that they seem to have come up with seems to be worse than the problem in the first place.  ,  The US "Budget Surplus" Miracle Is Over: $125 Billion Deficit In May  One month ago we were pleasantly surprised to note that following 42 straight months of budget deficits, among them record ones, such as the ($231.7) billion recorded in February, the US finally managed to record its first budget surplus since September 2008. The number was a modest but positive $58 billion, although there was once again more than meets the eye. On May 7 we said that "without various temporal adjustments, the April surplus of $58 billion would have been completely netted out by the cumulative $57 billion in deficit time shifts." More importantly, we said, "In other words, enjoy the surplus while you can: for another 30 or so days." Sure enough, 30 days later, the number is out, and it is back to normality: the US recorded a deficit of $125 billion in May, on outlays of $305 billion and revenues of $181 billion. And so the "surplus" miracle is over. ,  Greek Bank Run Update: €100-€500 Million Per Day  ,  The Latest Adventures Of Alice In Euroland ,  China Tells U.S. What It Can Do With Its Iran Oil Import Sanctions  ,  Guest Post: Banks Are An Endangered Species 

 

On Capital Controls

Establishing capital controls is one of the worst forms of theft that a government can impose. It traps people’s hard earned savings and their future income within a nation’s borders. This trapped pool of capital allows the government to transfer wealth from the people to their own coffers through excessive taxation or rampant inflation… both of which soon follow.

Ahead Of Jamie Dimon's Senate Testimony, Who Knew What, When: The Full Infographic

Jamie will have a fun time explaining just how he let all of this happen for years while potentially engaging in material 10(b)-5 fraud in his public filings and statements.

 

 


The Elite Are Attempting To Convince Us That Killing Off Our Sick Grandparents Is Cool And Trendy

http://endoftheamericandream.com

 

http://albertpeia.com/howtodietime.htm

 

{ 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.  }

[   12 Pictures That Demonstrate How The New World Order Openly Mocks Us http://albertpeia.com/newworldordervedgesmockus.htm  { First, let me say that the vedges of the so-called new world order are in no real position to mock anyone, so mockable as they indeed are, as the incompetent vegetables that they in fact are, who have been the very architects of ultimately their own and the planet’s decline, fall, and demise. Yet, there is no question but that the ‘masses’ so mocked, deserve to be mocked, having embraced their dismal fate at every turn; viz., their embrace of ‘political correctness’, though contraindicated, as, ie., the embrace of the violent, destructive nigger who literally would have them for dinner, or the compulsion to embrace that which the state says is right, though contraindicated, for political expedience owing to failure fed (including the incompetent missteps of the failed fed) desperation, ie., gay marriage, etc., contrived wars / conflicts, among other clearly observable, self-interested behavior of people, companies, nations, including the gargantuan bailed out frauds on wall street to everyone’s (but the frauds’) detriment, still unprosecuted. That the jive-talking, b***s*** artist/grifter/con-man obama has not been held to even one of his former now broken campaign promises and is embraced by those foolish enough to believe more of the same is testament to how deserving of mocking the masses truly are (people should be outraged and wobama should be ‘ridden out on a rail’). Make no mistake; the reality is that the ‘new world order’/so-called ‘elite’ are not elite at all; but rather, incompetent vegetables who can’t do anything right as they’ve now proven time and time again. As I previously said:

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

http://albertpeia.com/planetalreadyruined.htm    ]

‘What should be done with elderly Americans when they become very seriously ill?  Should we try to save their lives or should we just let them die?  Unfortunately, there is a growing consensus among the "intellectual elite" that most elderly people are not going to have a high enough "quality of life" to justify the expense of costly life saving procedures.  This philosophy is now being promoted very heavily through mainstream news outlets, in our television shows and in big Hollywood movies.  The elite are attempting to convince us that killing off our sick grandparents is cool and trendy.  We are being told that "pulling the plug" on grandma and grandpa is compassionate …”

 

Sobbing witness, 18, details sex abuse in Sandusky trial  { The defense: just a frolicking, cornholin’, fun-loving man-child; that sweet sandy was! Riiiiight! ‘… "After cracking my back and rubbing his hands down the back of my shorts and blowing on the stomach, he, he put his mouth on my privates," the man said, holding back sobs as a silent courtroom listened. "I didn't know what to do. With all the thoughts running through my head I kind of blacked out, I didn't want it to happen," the witness added. The witness began to cry and said Sandusky later had forced him to put his mouth on the coach's genitals…’ }  http://albertpeia.com   Crying witness gives graphic Sandusky account   Witness: I saw Sandusky in the showers with a boy

 

 

 

6-12-12 DEFICIT DOUBLES IN YEAR
POSTAL CHIEF: We're headed for Greece...

SPIKE LEE WORRIED ABOUT OBAMA'S RE-ELECTION CHANCES { Duh! C’est la vie, fait accomplis! Incompetent wobama the jive-talking grifter/con-man is done! } ...

'People ain't got jobs, people are hurting'...

POLL: Obama rapidly losing support among black voters { GOP: Don’t believe this, and don’t count on it! Wobama will get near 100% of the black vote based on skin color alone and for no other reason whatsoever! } ...
White support cracking...
Jewish support in NY drops 22% -- in 1 month!
UNION MEMBERS BAIL...

IMF chief Lagarde warns world risks triple crisis...

NEXT: Worry for Italy Quickly Replaces Relief for Spain...
Trevi fountain crumbling 'for lack of maintenance'...
EU Mulls Worst-Case Scenarios If Greece Leaves Euro...
Spain deal 'will come apart in less than a month'...

U.S. Cannibal Updates: Doctors release first photos of Miami cannibal victim...
**WARNING: Extremely graphic**  [ See here: http://albertpeia.com/blackcannibalswhitevicitm.htm  ]
U.S. CANNIBAL UPDATES:

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

6-11-12 The Economic Collapse Is Not A Single Event    http://albertpeia.com/economiccollapsenotsingleevent.htm    ,   The Spanish Bailout Explained With One Image  Zerohedge.com  Pretty much says it all. http://albertpeia.com/suicidegun.jpg    ,   Rajoy: Pain in Spain to deepen despite bank rescue AP  ,  Farage On The Spanish Bailout: "A Reinforcement Of Failure"   Dave’s Daily: http://www.etfdigest.com  MARKETS RETHINK SPAIN AND ITALYMost financial broadcasters were excited about prospects for a substantial rally last night as the Spanish bailout was announced. But, then there are those pesky details and fallout to be dealt with. Will current Spanish sovereign debt be subordinate to freshly issued eurozone loans? It seems that’s likely. For most of the trading day Monday, Italian stocks (Fiat, Intesa & others) were halted in trading as contagion worries persisted…Not so cheery news came from the Fed which indicated U.S. family net worth had fallen to levels (40% lower) than those in the early 1990s. This is the kind of news that will bite hard on consumer sentiment and they’re living it. Volume on Monday was about average for the period while breadth per the WSJ was quite negative...Guest Post: It Only Took A Global Depression To Reduce Gas Prices By 40 Cents  ,  Rajoy To de Guindos: "Spain Is Not Uganda"  ,  Graham Summers’ Weekly Market Forecast (Do We Still Have Faith? Edition)  1)   Where is the money coming from? (most EU Governments are broke) 2)   What precedent is this setting? (Ireland is already clamoring for a rewrite to its bailout rules)  3)   How desperate are things that they’re making such a large move so quickly?   

 

 

The Spanish Bank Bailout: A Complete Walk Thru From Deutsche Bank  ,  Bill Buckler: "It's GIGO Time On Wall Street"  Here is the conclusion of a US study of computer-generated trading recently concluded: “Financial markets are alive, but a model, however beautiful, is an artifice. ...To confuse the model with the world is to embrace future disaster driven by the belief that humans obey mathematical rules.”  ,  Things That Make You Go Hmmm - Such As Pavlovian Markets  ,  Steve Keen: Why 2012 Is Shaping Up To Be A Particularly Ugly Year   ,  Monti Goes M.A.D.; Sees "Permanent Risk Of Contagion In Euro-Zone"  ,  Jim Rogers Would’ve Told Spain To Take A Hike  ,  Gold Pops, Stocks Drop, And Oil Plops  ,  Charting The Simple Reason Why Every 'Bailout' In Europe Will Be Faded  The bailout bullishness half-life is shrinking - dramatically - as it appears traders have become more aware of reality (and unreality)…’  ,  European Collapse Hedge Return: +25% In One Day; 48,586,180,011% Annualized  ,  Eurosis For Dummies - A Timely Reminder  ,  Spain and The Runaway Euro Bailout Train Posted by : EconMatters Post date: 06/11/2012 - 08:58 Spain marks the fourth bailout during this Euro Zone debt crisis saga, after Ireland, Portugal and Greece, and may need more aid, while Italy is looking good to be the fifth bailout candidate...   ,  Cue Hyperinflation In 5... 4... 3...  ,  Europe Scrambling To Avoid Subordination Threat  ,  Is Cyprus Next On The Bailout Train?   ,  Europe Brings Out The "Capital Controls" Bazooka

Here we go:

  • EU SOURCES HAVE DISCUSSED IMPOSING CAPITAL CONTROLS AS WORST CASE SCENARIO IF GREECE LEAVES EUROZONE - RTRS
  • IMPOSING BORDER CHECKS, LIMITING ATM WITHDRAWALS ALSO PART OF WORST-CASE SCENARIO PLANNING - EU SOURCES - RTRS
  • SUSPENSION OF SCHENGEN ALSO DISCUSSED

In other words, that money you thought you had... You don't really have it. We can only hope this message was not meant to restore confidence and prevent future bank runs. Because if Europe wanted a continental bank run, it may have just gotten one. This is getting scary very fast.

 

The Spanish Bailout Explained With One Image

http://albertpeia.com/suicidegun.jpg 

 

 

 

Rajoy: Pain in Spain to deepen despite bank rescue AP

 

 

Farage On The Spanish Bailout: "A Reinforcement Of Failure"

 

 

 

The Economic Collapse Is Not A Single Event 

http://albertpeia.com/economiccollapsenotsingleevent.htm

 

 

 

The Economic Collapse Is Not A Single Event 

http://albertpeia.com/economiccollapsenotsingleevent.htm

 

 

Farage On The Spanish Bailout: "A Reinforcement Of Failure"

 

 

 

 

6-11-12 DYSPHORIA: Dow spooked over 'Spailout,' drops 143 points...

NET WORTH OF AMERICAN FAMILY FALLS 40% IN 3 YEARS...
HOUSE SETS CONTEMPT VOTE ON HOLDER...
BOEHNER: 'Justice Department out of excuses'...
Issa expects 31 Dems to join...
FLA TO SUE FEDS OVER VOTER PURGE

REPORT: ITALIAN BANK DECLARES 'HOLIDAY'...

Bernanke Bonds: Fed's Holdings of US Debt Soars 452% under Obama...
Eurozone agrees to lend Spain up to $50 billion $125 billion...

WATCHING YOU

Obama campaign's data mining 'reaches far beyond anything politics has ever seen'...

'Obama Girl' won't endorse Obama!

KARZAI COMPLAINS: US failed to consult Afghans on airstrike...
Veiled suicide bomber kills 4 soldiers...

'Canadian cannibal' sent videos to 'fans'...
Did he strike in Miami, too?

For election favor, Obama looks to Merkel, again...
Seeks to woo Hispanics...
Lanny Davis: Vicious People Working For President...

WITNESS: 'I was his girlfriend'...
'Victim No. 4 describes 'soap battles'... { The defense: just a frolicking, cornholin’, fun-loving man-child; that sweet sandy was! Riiiiight! }

U.S. CANNIBAL UPDATES:

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

 

 

 

6-8-12 Dave’s Daily: http://www.etfdigest.com  MARKETS RALLY ON LIGHT VOLUME 6-8-12 ‘Markets started the day off weakly then rallied late because…wait for it, Spain is rumored to be willing to ask for help, and Obama said European leaders face an “urgent need to act”. No, you can’t make this kind of stuff up. His statement is about as effective as a Kofi Annan Syrian peace plan. Search as I may, there seems to be little hard news to explain Friday’s rally…’  ,  The U.S. Economy By The Numbers: 70 Facts That Barack Obama Does Not Want You To See  http://albertpeia.com/70badfactsaboutuseconomy.htm   ,   Hollywood trip marks Obama's 150th fundraiser    President Obama Vacations. [VIDEO] | Most Watched Today | The ... http://www.mostwatchedtoday.com/president-obama-vacations   It seems like every week president Barack Obama is on another vacation or playing games. When does he plan to start fixing things here in the United States?  { Between fundraisers and vacations, did he expect the nation to miraculously mend itself? Did he forget all his campaign promises? (Short answer: yes – longer answer: that was just part of his con / grift). The audacity in light of the foregoing for him in this election year to blame everyone else for his b***s***/unequivocally failed tenure as president. Note the last minute election-year desperation of wobama finger-pointing, etc.. Then there’s moochell obama… ‘Expensive massages, top shelf vodka and five-star hotels: First Lady accused of spending $10m in public money on her vacations’  By Daily Mail Reporter  Read more: http://www.dailymail.co.uk/news/article-2029615/Michelle-Obama-accused-spending-10m-public-money-vacations.html#ixzz1xGRC32Vk  ( What grifters/cons the wobamas are! They should be ridden out on a rail! ) }   http://albertpeia.com/heavilyvacationedatgreatcosttonation.htm   ,  Biderman: "We Are In The First Quarter Of The Next Recession" 

 

 

Market Is More Fragile Now Than Pre-Lehman  The significant rise in global systemic risk that occurred in 2008 remained until mid 2010 when it began to subside a little as Jackson Hole and QE2 seemed to allay fears somewhat. However, in the last year or so, BofA's market fragility index has soared higher alarmingly signaling higher systemic risks than in the peak pre-Lehman era. This confirms the massively elevated signal for global systemic risk that credit markets are also sending.

Brodsky On "Gold Monetization And The Big Reset"  ,  JPM Tries To Explain Why The Bailout Train In Spain Will Lead To Much More Pain  ,  A Game Of Euro Chicken From The German Perspective: "Playing Until the Germans Lose Their Nerve"  "The next stage in the crisis will be blatant blackmail.... With their refusal to accept money from the bailout fund to recapitalize their banks, the Spanish are not far from causing the entire system to explode. They clearly figure that the Germans will lose their nerve and agree to rehabilitate their banks for them without demanding any guarantee in return that things will take a lasting turn for the better." 

 

U.N. could tax U.S.-based Web sites, leaked docs show

CNet News | The United Nations is considering a new Internet tax targeting the largest Web content providers.  Drudgereport: REPORT: UN to take up 'global Internet tax' proposal … [ It is unfathomable that anyone takes such a failed organization as the u.n. seriously; they’re a costly, extravagant, waste of money! Any costs so leveyed should be deducted from dues foolishly and wastefully paid to the u.n.. Time to abolish the u.n.! ] ...   {  The UN Wants Complete Control Over The Internet And That Would Mean Unprecedented Censorship, Taxes And Surveillance  http://albertpeia.com/unwantscontrolofinternetforcensorshiptaxessurveillance.htm   }

 

End of Peak Oil: 200-Year Supply Of Oil In One Single Shale Formation

A.M. Freyed | There’s plenty of oil, and even the global elites can’t hide it anymore.  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.  ]

 

Hollywood trip marks Obama's 150th fundraiser    President Obama Vacations. [VIDEO] | Most Watched Today | The ... http://www.mostwatchedtoday.com/president-obama-vacations   It seems like every week president Barack Obama is on another vacation or playing games. When does he plan to start fixing things here in the United States?  { Between fundraisers and vacations, did he expect the nation to miraculously mend itself? Did he forget all his campaign promises? (Short answer: yes – longer answer: that was just part of his con / grift). The audacity in light of the foregoing for him in this election year to blame everyone else for his b***s***/unequivocally failed tenure as president. Note the last minute election-year desperation of wobama finger-pointing, etc.. Then there’s moochell obama… ‘Expensive massages, top shelf vodka and five-star hotels: First Lady accused of spending $10m in public money on her vacations’  By Daily Mail Reporter  Read more: http://www.dailymail.co.uk/news/article-2029615/Michelle-Obama-accused-spending-10m-public-money-vacations.html#ixzz1xGRC32Vk  ( What grifters/cons the wobamas are! They should be ridden out on a rail! ) }   http://albertpeia.com/heavilyvacationedatgreatcosttonation.htm

 

Biderman: "We Are In The First Quarter Of The Next Recession"

Rick Davis of The Consumer Metrics Institute plays Clark Kent to Charles Biderman's Superman as the two dig into the latest GDP data. Critically, they break down the components and using inflation levels (CPI-U or The BPP) that make some sense Davis and Biderman are "really worried" that the real economy appears to be in a contractionary state if inflation is adjusted for correctly. Even the anemic BEA's 1.88% growth rate is 'very very poor' for an economy that is supposed to be 3 years into a recovery. The per-capita income (the money available to all households to spend) actually shrank - even using the BEA's inflation data. This juxtaposes shrinking household disposable income with a real economy supposedly growing (though slowly) which was driven almost exclusively by consumer spending - leaving Davis and Biderman questioning 'where this money is coming from?'. The simple answer is the savings rate has plunged, freeing up over $200bn in annual spending (and student loans have added another $100bn, refis $50bn, and strategic defaults $80bn) - all unsustainable one-time increases. Spending is not coming from income. Davis concludes that the BEA is notoriously bad at calling turning points (only getting the Great Recession 'direction' correct after 16 months and magnitude after 40 months) - leaving him of the opinion that we may well be in the first quarter of the next recession.

 

 

 

 

The U.S. Economy By The Numbers: 70 Facts That Barack Obama Does Not Want You To See

http://albertpeia.com/70badfactsaboutuseconomy.htm

Why is the economy going to collapse?  Have you ever been asked that question?  If so, what did you say?  Sometimes it is difficult to communicate dozens of complicated economic and financial concepts in a package that the average person on the street can easily digest.  It can be very frustrating to know that something is true but not be able to explain it clearly to someone else.  Hopefully many of you out there will find the list below useful.  It is a list of 70 numbers that show why we are headed for a national economic nightmare.  So why does the title of the article single out Barack Obama?  Well, it is because right now he is the biggest cheerleader for the economy.  He is attempting to convince all of us that everything is just fine and that the economy is heading in a positive direction.  Well, the truth is that everything is not fine and things are about to get a whole lot worse.  Certainly others should share in the blame as well.  Congress has been steering the economy in the wrong direction for decades, the "too big to fail" banks have turned Wall Street into a pyramid of risk, leverage and debt, and the Federal Reserve has more power over the financial system than anyone else does.  Our economy has been in decline for quite a while now, and soon we are going to smash directly into an economic brick wall.  Unfortunately, a lot of Americans are in denial about this.  A lot of people out there doubt that an economic collapse is coming.  Well, if you know someone that believes that the U.S. economy is going to be "just fine", just show them the list below.

The following are 70 facts that Barack Obama does not want you to see....

$3.59 - When Barack Obama entered the White House, the average price of a gallon of gasoline was $1.85.  Today, it is $3.59.

22 - It is hard to believe, but today the poverty rate for children living in the United States is a whopping 22 percent.

23 - According to U.S. Representative Betty Sutton, an average of 23 manufacturing facilities permanently shut down in the United States every single day during 2010.

30 - Back in 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer.  Today, that number is above 30 percent.

32 - The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.

35 - U.S. housing prices are now down a total of 35 percent from the peak of the housing bubble.

40 - The official U.S. unemployment rate has been above 8 percent for 40 months in a row.

42 - According to one survey, 42 percent of all American workers are currently living paycheck to paycheck.

48 - Shockingly, at this point 48 percent of all Americans are either considered to be "low income" or are living in poverty.

49 - Today, an astounding 49.1 percent of all Americans live in a home where at least one person receives benefits from the government.

53 - Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.

60 - According to a recent Gallup poll, only 60 percent of all Americans say that they have enough money to live comfortably.

61 - At this point the Federal Reserve is essentially monetizing much of the U.S. national debt.  For example, the Federal Reserve bought up approximately 61 percent of all government debt issued by the U.S. Treasury Department during 2011.

63 - One recent survey found that 63 percent of all Americans believe that the U.S. economic model is broken.

71 - Today, 71 percent of all small business owners believe that the U.S. economy is still in a recession.

80 - Americans buy 80 percent of the pain pills sold on the entire globe each year.

81 - Credit card debt among Americans in the 25 to 34 year old age bracket has risen by 81 percent since 1989.

85 - 85 percent of all artificial Christmas trees are made in China.

86 - According to one survey, 86 percent of Americans workers in their sixties say that they will continue working past their 65th birthday.

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

93 - The United States now ranks 93rd in the world in income inequality.

95 - The middle class continues to shrink - 95 percent of the jobs lost during the last recession were middle class jobs.

107 - Each year, the average American must work 107 days just to make enough money to pay local, state and federal taxes.

350 - The average CEO now makes approximately 350 times as much as the average American worker makes.

400 - According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

$500 - In some areas of Detroit, Michigan you can buy a three bedroom home for just $500.

627 - In 2010, China produced 627 million metric tons of steel.  The United States only produced 80 million metric tons of steel.

877 - 20,000 workers recently applied for just 877 jobs at a Hyundai plant in Montgomery, Alabama.

900 - Auto parts exports from China to the United States have increased by more than 900 percent since the year 2000.

$1580 - When Barack Obama first took office, an ounce of gold was going for about $850.  Today an ounce of gold costs more than $1580 an ounce.

1700 - Consumer debt in America has risen by a whopping 1700% since 1971.

2016 - It is being projected that the Chinese economy will be larger than the U.S. economy by the year 2016.

$4155 - The average American household spent a staggering $4,155 on gasoline during 2011.

$4300 - The amount by which real median household income has declined since Barack Obama entered the White House.

$6000 - If you can believe it, the median price of a home in Detroit is now just $6000.

$10,000 - According to the Employee Benefit Research Institute, 46 percent of all American workers have less than $10,000 saved for retirement, and 29 percent of all American workers have less than $1,000 saved for retirement.

49,000 - In 2011, our trade deficit with China was more than 49,000 times larger than it was back in 1985.

50,000 - The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.

56,000 - The United States has lost more than 56,000 manufacturing facilities since 2001.

$85,000 - According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.

$175,587 - The Obama administration spent $175,587 to find out if cocaine causes Japanese quail to engage in sexually risky behavior.

$328,404 - Over the next 75 years, Medicare is facing unfunded liabilities of more than 38 trillion dollars.  That comes to $328,404 for each and every household in the United States.

$361,330 - This is what the average banker in New York City made in 2010.

440,00 - If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to totally pay it off.

500,000 - According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

2,000,000 - Family farms are being systematically wiped out of existence in the United States.  According to the U.S. Department of Agriculture, the number of farms in the United States has fallen from about 6.8 million in 1935 to only about 2 million today.

$2,000,000 - At this point, the U.S. national debt is rising by more than 2 million dollars every single minute.

2,600,000 - In 2010, 2.6 million more Americans fell into poverty.  That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.

5,400,000 - When Barack Obama first took office there were 2.7 million long-term unemployed Americans.  Today there are twice as many.

16,000,000 - It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

$20,000,000 - The amount of money the U.S. government was spending to create a version of Sesame Street for children in Pakistan.

25,000,000 - Today, approximately 25 million American adults are living with their parents.

40,000,000 - According to Professor Alan Blinder of Princeton University, 40 million more U.S. jobs could be sent offshore over the next two decades if current trends continue.

46,405,204 - The number of Americans currently on food stamps.  When Barack Obama first entered the White House there were only 32 million Americans on food stamps.

88,000,000 - Today there are more than 88 million working age Americans that are not employed and that are not looking for employment.  That is an all-time record high.

100,000,000 - Overall, there are more than 100 million working age Americans that do not currently have jobs.

$150,000,000 - This is approximately the amount of money that the Obama administration and the U.S. Congress are stealing from future generations of Americans every single hour.

$2,000,000,000 - The amount of money that JP Morgan has admitted that it will lose from derivatives trades gone bad.  Many analysts are convinced that the real number will actually end up being much higher.

$147,000,000,000 - In the U.S., medical costs related to obesity are estimated to be approximately 147 billion dollars a year.

295,500,000,000 - Our trade deficit with China in 2011 was $295.5 billion.  That was the largest trade deficit that one country has had with another country in the history of the planet.

$359,100,000,000 - During the first quarter of 2012, U.S. public debt rose by 359.1 billion dollarsU.S. GDP only rose by 142.4 billion dollars.

$454,000,000,000 - During fiscal 2011, the U.S. government spent over 454 billion dollars just on interest on the national debt.

$1,000,000,000,000 - The total amount of student loan debt in the United States recently surpassed the one trillion dollar mark.

$1,170,000,000,000 - China now holds approximately 1.17 trillion dollars of U.S. government debt.  Yet the U.S. government continues to send them millions of dollars in foreign aid every year.

$1,600,000,000,000 - The amount that has been added to the U.S. national debt since the Republicans took control of the U.S. House of Representatives.  This is more than the first 97 Congresses added to the national debt combined.

$5,000,000,000,000 - The U.S. national debt has risen by more than 5 trillion dollars since the day that Barack Obama first took office.  In a little more than 3 years Obama has added more to the national debt than the first 41 presidents combined.

$5,000,000,000,000 - What the real U.S. budget deficit in 2011 would have been if the federal government had used generally accepted accounting principles.

$11,440,000,000,000 - The total amount of consumer debt in the United States.

$15,734,596,578,458.59 - The U.S. national debt as of June 7, 2012.

$200,000,000,000,000 - Today, the 9 largest banks in the United States have a total of more than 200 trillion dollars of exposure to derivatives.  When the derivatives market completely collapses there won't be enough money in the entire world to fix it.’

 

 

 

 

Drudgereport:  UPDATE: S&P keeps US rating unchanged, outlook 'negative'...
Obama Backs Off Comment 'Private Sector Is Doing Fine'...

IT'S BAD

Don Rickles Shocks Hollywood Crowd with Obama Jokes...
'He was over to the house yesterday, but the mop broke’ {I think Don Rickles may be exaggerating a bit because obama is strictly a lawn jockey}'

DETROIT 'BROKE IN 1 WEEK'...

Argentina loses third of its dollar deposits...
...foreign exchange restrictions

'FACEBOOK Funds' Plunge...
UBS May Have Trading Loss of $350 Million...

REPORT: UN to take up 'global Internet tax' proposal … [ It is unfathomable that anyone takes such a failed organization as the u.n. seriously; they’re a costly, extravagant, waste of money! Any costs so leveyed should be deducted from dues foolishly and wastefully paid to the u.n.. Time to abolish the u.n.! ] ...

REPORT: High school cancels Hollywood producer's grad speech over 'right-wing' views...

U.S. CANNIBAL UPDATES:  http://albertpeia.com/fineblackuscannibals.htm

'Zombie Bullets' In High Demand Following Cannibal Attacks...
COPS: Attacker bit off large chunk of victim's face in bloody assault...

UPDATE: SOUTH BEACH CANNIBAL WAS CARRYING BIBLE, HAD RECENTLY SMOKED POT...
NEW: Man Threatens To Eat Cop...
'Growled, opened and closed his jaw'...

Woman bites wig shop owner’s bicep, spits flesh in face...
L.A. KINGS' $50,000 PUSHES REWARD IN BABY'S SLAYING TO $100,000  June 6, 2012 {  When are people going to awaken to the reality of the uncivilized nigger? Where’s the outrage for this 1 year old baby who unlike hoodie trayvon martin killed in self-defense (from niggers) was not a thief and was totally innocent? The tragic outcomes for ignoring the threat of the uncivilized niggers!  }

http://albertpeia.com/blackonbrowncrime.htm

http://albertpeia.com/blackonyellowcrime.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

 

 

 

 

Guest Post: God Don't Save The Queen  { You know, I recently have become somewhat bored of the topic ‘jolly old england’ despite their glaring failure across the board, and a noisome intrusiveness as here, for me, ie., orange street, conn. (  http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm  ) , etc., and all the negatives entailed therewith; yet, there’s something so nauseating about that cloyingly bothersome nothingness that bespeaks old england, that ‘go along, get along and pretend’, that I include the following from Zerohedge.com that’s accurate, fair comment. }  "Crowds Cheer Queen On Last Day of Jubilee" So ran the headline from Time.  Yesterday marked the end of the “Diamond Jubilee” of Queen Elizabeth II of the British monarchy.  The four day celebration was is honor of her ascendancy to the throne sixty years ago. Monarchies are supposed to be antithetical to freedom.  Under feudalistic monarchism, the notion of personal liberty took a backseat to loyalty to the king.  Those who weren’t part of or close to the nobility were referred to as subjects.  These peasants were to serve without question. Today, the only difference between the systematic malfeasance and plunder that existed under the rule of monarchs and that which defines the state is the ballot box.  Voters in a sense get to choose a small portion of their rulers.  This gives them the mirage of freedom when the nation-state they inhabit is no less than a contemporary field of serfdom lorded over by kings.  Too much of the public still behaves with the mindset of servants.  They are pathetically docile to those who hold the keys of their shackles.   What the celebration of Queen Elizabeth’s sixty year rule showed is that the people of Great Britain never really escaped from monarchy.  See also,  http://albertpeia.com/esotericagenda.flv