10-26-12 POSTS
Wobama’s Choom
Gang Bangin’ { This brief video (11 mb) is well done and worth a watch! }
http://www.albertpeia.com/wobamaschoomgangbangin.wmv
http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
{ Think about this! By wobama’s own criteria in his
last total b***s*** campaign, he should be stepping down; having failed on all
counts and then some. He also promised to cut the nation’s deficit in half by
the end of his term; yet, he has increased the nation’s deficit by a record
amount greater than all the presidents since Eisenhower COMBINED ($5 trillion).
He has done this to help cover up his unequivocal failure by any standard by
which you measure a presidency, including his own. People in america must show
the Washingtonians they are not doormats! They must stand up and let these
politicos know that results count; particularly promised results. Absent positive
results as with unmitigated failure, choom-gang-banger wobama, they get the
boot. President Romney deserves the 4 years he’ll have to turn this disaster
called america around. If President Romney doesn’t cut the mustard in 4 years
as promised, then he will be out. Results Count! I believe that people in the
final analysis will choose self-respect; that is, choose NOT to be wobama’s
doormat. Despite and contrary to wobama’s spin/propagandameisters’ desperate
spin/outright falsity which addresses anything but wobama’s clear record of
failure, President Romney is smart enough, flexible enough, and with a record
of concrete results behind him as compared to wobama choom fantasy/b***s***,
President Romney will be a hands-on President to the entire nation in the most
positive sense. As such, I believe people will choose self-respect, reality,
real results which will make President Romney’s election a substantial margin
blowout victory!
Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( 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 ) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … ) Obama's Five Trillion Dollar
Lie http://albertpeia.com/obamas5trilliondollarlie.htm }
Buchanan: 'Obama has steadily
diminished both himself and the office he holds'... { Indeed he has; and, that’s putting it
mildly! } ‘…In an ad
produced by the super PAC Priorities USA, Mitt Romney is charged with moral, if
not material, complicity in the cancer death of the wife of a Missouri
steelworker. Speaking straight into the camera, Joe Soptic, 62, charges Romney
with coldly shutting down the plant where he worked and cutting off his health
insurance. This, says Soptic, left his wife without insurance to pay for her
care, until, falling ill, she went to a doctor, who discovered stage 4 cancer,
which killed her in 22 days.Soptic implies a causal connection between Romney’s
decision to shut the plant and his wife’s death. The ad is a premeditated
attempt to murder the reputation of Mitt Romney. And from start to finish, it
is a deception. The truth. Mitt Romney gave up leadership of Bain Capital in
1999. The steel plant was closed in 2001. Soptic lost his health insurance, but
his wife was still working and had hers. She lost her job and insurance in
2003. Her illness and cancer were discovered in 2006, when Romney was ending
his fourth year as governor of Massachusetts…’
{ It’s really quite amazing: everything but the facts/truth from wobama
et als. Actually, wobama has a real tax evader in his ranks; viz., tiny tim
geithner who asserted the statute of limitations to get out of paying taxes
that were rightfully due. Should President Romney as a rational business man
whose record at Bain was conceded by Bill Clinton to have been sterling have
instructed his accountants to forget all they know about accounting/taxation
and do a bad job (now doing a bad job is something that failed president wobama
can identify with and knows something about). Then there’s dirty harry:
Drudgereport: HARRY REID HELPS CHINESE SOLAR FIRM
REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back
against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting
treatment but 'still very depressed'...
Ethics investigation continues...
BIASED MEDIA BASH: 86% of Romney
coverage NEGATIVE... { Friday Humor: (obama last
campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The
End Of My First Term In Office" ZeroHedge.com Wow! The only explanation
might be they’ve been duped by wobama along with the rest of the nation and are
too embarrassed for not doing their reasonably expected due diligence on
grifter obama and just won’t own up to the reality of the fraud called wobama!
Wobama the b for b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … ) 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…’]
} Boehner: Obama has 'never even had a
real job, for God's sake'...
O BRINGS BACK TELEPROMPTER...
REPORT: Warnings ignored in Solyndra
loan...
{ In the final
analysis, I truly believe americans will prove they are not that dumb; that
they are not going to be shamed by being fooled twice (fool me once, shame on
you; fool me twice, shame on me); that they will let politicians everywhere
know that results count! Keeping campaign promises counts! Hope and change…can
you believe that wobama et als are actually saying that again? The audacity…eh,
what the heck…he’s just a typical jive-talking black…cut him some
slack…pathetic…The only reality for hope and change is hope that wobama
changes. That’s not likely! He’s gotten by on b***s*** his entire life and is a
desperate and total fraud! I believe this will be a reality-based high-margin
blowout victory for President Romney! }
Prisonplanet.com
| The Thomas More Law Center has announced that it has filed a federal lawsuit
against Homeland Security Secretary Janet Napolitano.
Shocking Federal Lawsuit
Against DHS Napolitano: Big Sis Favored Her Gal Pals, Treated Male Staffers
“Like Lapdogs,” Her Female Staff Tormented Male Employees with “Sexually
Charged Games” { Whoa!
Lapdog to Napolitano! Whew! Ew! Wow! Yuck! After all, jano almost makes mo reno
look like a beauty queen! I’m starting to get dry heaves! …In the suit Hayes
also accused Napolitano’s chief of staff at ICE, Suzanne Barr, of repeated
'sexually offensive behaviour' intended to 'humiliate and intimidate male
employees'.On one occasion, Barr called a colleague in his hotel room and
screamed using sexually explicit language, telling him she 'wanted his c*** in
the back of [her] throat' (of course, this impressionable lesbian must have
seen ‘deep throat’; maybe she really thinks there’s a possibility she has a
clitoris in the deep recesses of her throat…or not…just kidding). Might this be
behind (pun) the sadistic groping of TSA. Pretty sordid stuff, indeed! }
Hayes claims he 'felt that he was being targeted because of his gender'
and witnessed Barr repeatedly picking on men. She 'created a frat-house type
atmosphere that is targeted to humiliate and intimidate male employees',
according to court papers. In 2009 she 'removed the entire contents of the
offices of three male employees, including nameplates, computers and
telephones, to the men’s bathroom at ICE headquarters'. Read more: http://www.dailymail.co.uk/news/article-2186507/Janet-Napolitano-favoured-woman-long-relationship-job.html#ixzz23ERN7rMx }
http://albertpeia.com/nationalconsequencesofenslavementtobankers.htm { I really have to tell you, I’d rather be
enslaved by bankers than … Jano, see supra … Just kidding! Neither, is my real
answer! }
Infowars.com | A book
of lies geared to cover up more lies.
http://albertpeia.com/binladendeathbookhoax.htm
Obama
campaign unleashing 'the Big Dog' in battleground states {
Riiiiight! The big dog…who found a way to poop up the presidency after being
gifted with a huge end of cold war peace dividend courtesy of predominantly
Reagan. Yes, on route to blowing the job, despite his support for NAFTA, he did
get quite a few…blow(n) jobs… http://albertpeia.com/bigdogpoop.htm }
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive niggers; and non-niggers should be
outraged! } While most of America is
suffering through one the worst economic downturns in U.S. history, the Obamas
are living the high life at your expense. During 2011, U.S. taxpayers
spent an astounding 1.4 billion dollars on
the Obamas. Meanwhile, British taxpayers only spent 57.8 million dollars
on the entire royal family. Does anyone else see something wrong with
this picture? So where did the 1.4 billion dollars go? That money paid the salaries of
their staff members, it paid for their transportation and housing costs, it
paid for entertainment and vacations for the Obamas, and $102,000 was even
spent on a "dog handler" for the family dog Bo. In his new book
entitled "Presidential Perks Gone Royal:
Your Taxes Are Being Used For Obama's Re-election", author
Robert Keith Gray reveals some absolutely shocking details about the enormous
amounts of U.S. taxpayer money that are being…’
New
Threats to Riot if Obama Loses Election...
[ The threats alone are a reason sufficient for backing President
Romney. If left unchecked, the nigger terrorists will be even further
emboldened to their already egregious criminal, terroristic ways. No man,
woman, or child will be safe if the lethal black cancer grows. The 4 years of O
have been complete, utter failure and no amount of wobama b***s*** and nigger
intimidation can change that fact! Quite simply, niggers are inherently
criminal terrorists: Examples of what people are saying include the
following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot! Rns.” (SOURCE) ]
[ Will The Election Results Cause Massive Riots To
Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah,
yes, says the optimist who sees the opportunity in every calamity and not vice
versa. Indeed, President Romney’s election based upon american people’s
survival instincts and an awakening from the wobama b***s*** slumber of decline
will provide the opportunity to incarcerate the niggers who will use such as an
excuse to do what they’re inclined/predisposed to do anyway, and in one lawless
form or another, are already doing. Prison or sub-saharan Africa are the only
places suitable for niggers. Let no man, woman, or child fall prey to their
intimidation and uncivilized violence. 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 } ]
Farrakhan
warns forces trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND:
For second time, grandmother learns a grandson is shot to death...
5 dead, 25 wounded over weekend... { Just another day in niggerland!
}
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE: Obama gives himself
an 'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
Dave’s Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU 10-11-12 You can
almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data
was released…’
Jack
Welch: I Was Right About That Strange Jobs Report
WSJ |
The 7.8% unemployment figure released by the BLS last week is downright
implausible.
- The US Labor market noted that one
state accounted for the entire drop.
…
Al
Peia (posted to
Yahoo News) What large
state? Nobody seems to care. That state's going to pay for the
scam/fraud/corruption. What state?!
10-18-12 Eureka-The failed obama welfare state, banana republic California!
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 ‘MARKETS LIMP INTO THE WEEKEND 10-26-12 It seems to this observer that perhaps not much is going to
happen with markets until after the election. There are just too many headwinds
of uncertainty surrounding everything. Of course, there is always the unknown
news event that can throw things in one direction or another but that kind of
stuff is always with us. The “tell” now is with corporations who aren’t
spending based on uncertainty surrounding the election, tax policies, the
fiscal cliff, eurozone and so forth. Until these issues become clear we’re in
stall mode. Overseas news was dominated by the Bank of Japan launching another
round of stimulus on fears that it won’t be able to sell its next bond issue
unless they buy it themselves. Frankly, Japan has more problems with a debt
bubble than is currently in the news. Korean stocks fell on a decline in
exports which isn’t a surprise. Chinese stocks fell to a 5 week low on poor
earnings. Spain’s unemployment rate soared to 25% vs 24% which is stunning even
as a stealth bank bailout is underway. The troika determined that a Greek
bailout was still illusive combined with the country’s demand for €30 billion
more was needed. (The amounts needed there will always be growing it seems as
conditions fall by the wayside.) In France S&P cut ratings for both BNP
Paribas and SocGen. And, even in Canada Moody’s put six banks on watch for
downgrades including Bank of Montreal. Later in the day Swiss icon UBS
announced it would lay-off 10K employees. Meanwhile back in the U.S. GDP data
was reported at 2% vs 1.8% expected with nearly 1/3 of the gain from government
spending. Consumer Sentiment, highly weighted by stock prices, was at 82.6 vs
83.1. I have more “confidence” in the Conference Board data. The big earnings
news from Apple (AAPL) was panned as the stock declined while Amazon (AMZN)
rose despite the large miss on earnings, revenues and guidance. As to the
latter, an analyst at Needham stated the “poor report presented the opportunity
for a large upside surprise on the next report” which is how WS can spin bad
news. With the PE at 280 (no typo) that’s the kind of thinking that
institutional robots use to invest based on analysts’ recommendations. The
dollar (UUP) was flat as was gold (GLD). Commodity markets (DBC) and (USO) were
also relatively unchanged Bonds (TLT) and (IEF) were higher in price as
the sawtooth trading range pattern continues over most maturities. Stocks were
uninspired overall lacking certainty on issues noted above and mostly declining
earnings closing flat on the day. It’s really a wait and see game for now.
Volume was once again light as most investors find little incentive to get
further involved now. Breadth per the WSJ was mostly negative…’, YAHOO [BRIEFING.COM]: ‘…Amazon gained 6.9% after reporting its
earnings. The online retailer lost $0.23 per share. However, the number may not
be comparable to the Capital IQ consensus estimate which forecast a loss of $0.10.
The company's revenue of $13.81 billion was largely in-line with expectations,
but management issued downside fourth quarter guidance…’ { Tell me … What’s
wrong with this (foregoing) picture (of wall street insanity)? }
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
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
What in the World Has Happened to the
FBI/DOJ?
http://albertpeia.com/fbinazibikersbustfbinazibikers2.htm
Guest
Post: A Golden Opportunity { Wow!
The truth really hurts! Difficult to imagine, however, given the ‘obsessive
compulsive’ mindset of players including ‘non-muppet
puppeteers’ among others‘ heavily invested in this fiasco which is an
overriding dynamic, at least thus far in this comedy of errors gone global. }
The euro debt crisis in Europe has
presented Germany with a unique opportunity to lead the world away from
monetary destruction and its consequences of economic chaos, social
unrest, and unfathomable human suffering. The cause of the euro debt crisis is
the misconstruction of the euro that allows all members of the European
Monetary Union (EMU), currently 17 sovereign nations, to print euros and force
them on all other members. Germany is
on the verge of seeing its capital base plundered from the
inevitable dynamics of this tragedy of the commons. It should leave the
EMU, reinstate the deutsche mark (DM), and anchor it to gold. ,
The
Complete 'Advanced' Economy Sovereign Ratings Cheat-Sheet S&P recently acted to markedly downgrade
Spain, and Moody’s has ended its recent ratings review, leaving Spain
at Baa3; and while ratings could remain largely stable in the short-term
(supported by OMT's promise and the possible delay of GRExit), there are a few exceptions such as France and and the UK that Citi's Rates group
expect to see downgrades on in the short-term. The
following table provides the full breakdown of Moody's and S&P's ratings
for the advanced economies along with Citi's model views - which imply weak outlooks for most of Europe in the medium-term as Greek
reality hits home. , Guest
Post: Putin Is the New Global Shah of Oil
Exxon Mobil is no longer the world's
number-one oil producer. As of yesterday, that title belongs to Putin Oil
Corp – oh,
whoops. We mean the title belongs to Rosneft, Russia's state-controlled oil
company. With TNK-BP in its hands, Rosneft will be in charge of more than
4 million barrels of oil production a day. And who is in charge of Rosneft? None other than Vladimir Putin,
Russia's resource-full president. Gazprom in control of Europe's gas, Rosneft in control of its oil. A red hand
stretching out from Russia to strangle the supremacy of the West and pave the
way for a new world order– one with Russia at the helm. It is not as
far-fetched as it might seem – or as you might want it to be. Or imagine this: Russia
could join OPEC. , Why
The Real Earnings Picture Is Bad And Getting Worse Listening to the incessant chatter of
confirmation bias from CNBC, you could be forgiven for thinking that earnings
are 'not that bad'. Headline-makers like AMZN, GOOG, and AAPL scare for a few
moments but we are reassured back to numb BTFD-land by some disingenuous
analyst (or worse a PM) who says he is buying with both hands and feet. The misleadingly top-down positive impression of looking at a
'beats-to-total ratio', suffers from one rather annoying bias (that often
gets forgotten): analysts constantly revising their expectations
throughout the reporting period, and hence rarely deviates from the current
level of 71%. But, as Citi notes, if one examines results relative to analyst expectations prior to the
reporting season, it's clear just how disappointing Q3 has been -
especially given the sell-side mark-downs already factored-in.Intriguingly,
for as downbeat as third quarter results have been, we've yet to see the
sell-side revise down estimates for next quarter or 2013.
Submitted
by Tyler Durden on 10/26/2012
Several months ago, we reported about a
troubling
development in Vietnam, happy inflationary host of one of the world's most
rapidly devaluing and best named currencies, that in direct refutation of Ben
"Gold is not money, it is tradition" Bernanke's claim that gold is
just a trinket one can fondle with no inherent value, the local banks had gone
as far as paying the local residents a dividend to "store" their gold
(recall all those charges against gold that it never, ever pays a
dividend....). However, as we subsequently warned, any time a bank, and
especially an entire banking sector, is willing to pay you paper
"dividends" for your gold, run, because all this kind of (s)quid pro
quo usually ends up as a confiscation ploy. Sure enough, as Dow Jones reports
today, the gold, which did not belong to the banks and was merely being
warehoused there (or so the fine print said), was promptly sold by these same institutions to generate cash proceeds
and to boost liquidity reserves using other people's gold, obtained under false
pretenses.
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
What in the World Has Happened to the
FBI/DOJ?
FBI Nazi
Bikers Bust FBI Nazi Group http://albertpeia.com/fbinazibikersbustfbinazibikers2.htm
http://albertpeia.com/selfdefense.htm
[ One thing is certain from my own direct experience { The unfortunate reality is what I’ve alluded to in the context of my
own direct experience; viz., america’s ‘legal system’ is an illegal system used
to cover-up crimes, arbitrarily enforce laws to apply pressure, etc., and
essentially run by the inmates of this collective criminal entity called
america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). I believe reasonable
diligence requires self-reliance more than ever before in this nation’s
history; particularly when political correctness in some states prevents
calling a spade a spade to the substantial detriment of law enforcement! ]
Obama’s attacks on Romney belittle presidency Marketwatch {
Indeed! Come on! What can wobama say? He has but a record of abject failure to
run on! And, the record IS unequivocally
utter failure! All the choom fantasy, fellow nigger intimidation and
threats will not change that fact!
Drudgereport 10-23-12: Obama
Supporters (niggers et als) Continue Threats To Riot, Assassinate Romney... }
Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well
done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for b***s***
speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
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
What in the World Has Happened to the
FBI/DOJ?
FBI Nazi
Bikers Bust FBI Nazi Group http://albertpeia.com/fbinazibikersbustfbinazibikers2.htm
Submitted by Tyler
Durden on 10/26/2012
The preliminary look at Q3 GDP just
came out and "beat" expectations of a 1.8% print, with a 2.0% reading
(or just in line with stall speed, a number which previously has been
indicative of recessions). So far so good, but as with every other pre-election
economic data point out of the government, one has to look behind the headline
to get the true picture. And the details are, as expected, ugly. Because of the
2.02% annualized increase in GDP, over
one third, or 0.71% (compared to a deduction of -0.14% in Q2), was contributed by "Government Consumption."
This was the biggest rise in government spending
in 3 years, and only the first contribution by Uncle Sam to its own GDP print
since Q2 2010. So in much the same way as the September jobs print
soared courtesy of government employee hiring, this same government is now
juicing its own numbers to make itself look better. The real question is what
the second and third Q3 GDP revisions will show, which both come, luckily,
after the election. Recall that Q2 GDP initially came out at 1.5%, then was
revised to 1.7%, until finally coming to rest at 1.25%.
Marketwatch: UBS to cut up to 10,000 jobs: report
Radio Update: Dow down 2% on week
U.S. stocks finish with weekly losses
Will
The Bottom Fall Out? 15 Signs That Layoffs And Job Losses Are Skyrocketing
The
Economic Collapse | If you still have a good job, you might want to hold on to
it very tightly.
Q3
GDP Estimate Beats Expectations As Government “Consumption” Soars
Zero
Hedge | This was the biggest rise in government spending in 3 years.
8,803,335:
Another New Record for Disability—Up 975 Per Day Under Obama
CNS
News | The number of American workers collecting federal disability insurance
benefits hit yet another record high in October, according to the Social
Security Administration.
David
Einhorn Explains How Ben Bernanke Is Destroying America
Zero
Hedge | David Einhorn knocks it out of the park with his very first statement
during today’s Buttonwood Gathering.
Debates 'diminished' Obama, says Romney "You can boil
down what he's saying to four simple words: more of the same," Romney said
today in Reno. { I’m truly astounded that after 4 years of b***s***, lies,
profligate spending for obfuscation but much vacation, and consequent
unequivocal failure, people are even listening to, much less ‘buying’ what
wobama desperately says. Not even a word from 0 is worth listening to. That
includes those who should supposedly know better. Moreover, self-respect
requires that americans reject wobama’s desperate campaign slings, arrows, and
desperate entreaties which ignore the reality of his blatant failure in large
part owing to his having failed to do as promised last ‘eternal campaign’. Then
there’s the threats and intimidation from the niggers who are like ignorant,
vicious animals in lockstep accord with
the abject and utter presidential failure obama; yet, such typical ‘clannish’
racism by blacks is virtually ignored and rational opposition to the failure
spelled ‘0’ is being cast as racist. How can any nation survive such
contraindicated insanity. I’m truly
amazed! }
Why
Greg Smith Left Goldman: Wall St. Now an 'Eat-What-You-Kill System'
Dutch court says Samsung does not infringe Apple patent [
Though contrary, american courts almost without exception and the federal
system generally, are so corrupt and lacking in credibility that they really
deserve no precedential, jurisprudential respect…and get none. From my direct
experience: One thing is certain from my own direct
experience { The unfortunate reality is what
I’ve alluded to in the context of my own direct experience; viz., america’s
‘legal system’ is an illegal system used to cover-up crimes, arbitrarily
enforce laws to apply pressure, etc., and essentially run by the inmates of
this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). ( I believe
reasonable diligence requires self-reliance more than ever before in this
nation’s history; particularly when political correctness in some states
prevents calling a spade a spade to the substantial detriment of law
enforcement! http://albertpeia.com/selfdefense.htm ) ]
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
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
What in the World Has Happened to the
FBI/DOJ?
FBI Nazi
Bikers Bust FBI Nazi Group http://albertpeia.com/fbinazibikersbustfbinazibikers2.htm
10-26-12 Absentee
ballots sent to U.S. military serving in Afghanistan 'destroyed in crash'...
Romney
seizes on sluggish growth figures...
Burning
through O's 'firewall'...
Desperation?
White House Considering New Tax Cut...
R
51% O 46%...
R
50% O 47%...
R
49% O 48%...
Bust
of Barack Obama's head -- made of butter! -- tours the streets of Chicago...{
And not vice versa (as in that far from reality fairy tale vis-à-vis the big
Cats: the Tigers say, ‘No Way!’) as (b.s. black) sambo(bama) is goin’ down
(deservingly so) for the count! }
REPORT: Vanloads of Somalians driven to the polls in Ohio...
{ ‘Is voter fraud being committed in Ohio?..According to the Somali Community Association of
Ohio’s web site, over 45,000 Somalis live in Ohio. Only 40 percent have become
citizens of the United States, and only 25 percent speak English well enough to
get a job..’ …Yes, they are typical dumb niggers
for wobama! }
KRISTOL:
Petraeus Throws President Under Bus... {Oh, right! Petraeus doesn’t
fall on his sword and sacrifice himself for the incompetent liar in chief
called ‘0’ as did hillary clinton; so somehow in some twisted way that becomes
Petraeus’ fault.}
Senators
demand White House declassify Libya video...
CIA
OPS 'DENIED HELP' THREE TIMES
DURING BENGHAZI...
Father
of Slain SEAL: Who Made the Decision Not to Save My Son?
OBAMA
DODGES DURING LOCAL TV INTERVIEW...
In
Iowa, disappointment with Obama runs deep...
Iconic
NY Steakhouse 'Gallagher's,' Which Survived Great Depression, Is Closing...
Taxpayer-funded
'green' company investigated for fraud...
AUDIT:
Green jobs stimulus program had 16 percent success rate...
Over
$60,000 in Welfare Spent Per Household in Poverty...
Historical
treasures missing from National Archives...{Yeah…time to check Fort
Knox, New York Fed ($4 trillion already previously has been reported missing).}
Romney
signs, American flags torched in veteran's yard... { Terrorists at
work for wobama! }
R
50% O 47%...
R
50% O 47%...
R
50% O 47%...
MI:
O 47% R 47%...
DETROIT
NEWS endorses Romney...
Wisconsin
company announces layoffs ahead of Biden arrival...
October
Sets New Record For Disability Claims: 8,803,335 Collecting Benefits...
Father
Of Slain SEAL: Obama 'Could Not Look Me In The Eye...Like Shaking Hands With
Dead Fish'...
Video snags Dem boss in vote
fraud...
Son
resigns...
'HE'S
A BULLSHITTER'... { Yes, obama is an incorrigible
b***s***ter! He’s gotten by on b***s*** and special nigger consideration his
entire life. He is a total embarrassment! } ‘Four years after he was elected as
a self-described 'hopemonger' promising a new post-partisan era, President
Barack Obama is trying to claw his way to re-election with an ugly, divisive
campaign in which he is playing the role of fearmonger-in-chief…’ { He’s a
desperate, failed megalomaniac who is also a pathological liar along with other
mental issues/troubles ( WH:
'We Decline to Comment' on When President Learned of E-Mails...
) Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called ‘auto-biographies’
are works of what appear to be ‘choom-gang’ induced fantasies which reveal a
psychogenic/dissociative amnesia that works well in the continuing ‘narrative’
devoid of fact on his ‘more b*** s*** campaign trail’ littered with the cowpies
of stark reality. People owe themselves and their children more than this
grifter’s con which in numbers measures more than the increased deficits of all
the presidents since President General Eisenhower combined to obfuscate his
unequivocal failure. Drudgereport: UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’ hoops
on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more wobama
b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well
done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
O
Booed at university's Military Appreciation Day football game...
RASMUSSEN:
R 50% O 46%...
GALLUP:
R 51% O 46%...
R
50% O 46%...
R
50% O 47%...
R
49% O 48%...
R
47% O 46%...
OHIO:
R 48% O 48%...
MI:
O 47% R 47%...
Fmr
Dem Chair: CO 'Worst Swing State'...
Romney,
Ryan draw massive crowds in Colorado...
GOP
moves into Wisconsin...
Emails detail unfolding Benghazi attack on September 11th...
6:07 PM 9/11/12: 'Ansar al-Sharia Claims Responsibility'...
Obama
challenges press to find flip-flops -- and
they do...
Woodward:
President 'mistaken' on sequester...
Clint:
'Second Term Would be Rerun of First'...
Chicago
Store Owner Labeled Racist For Anti-Obama Signs...
Police:
Black Woman Lied About KKK Setting Her On Fire...
Obama
Has Massive Lead -- in Other Countries...
TRUMP
TO OBAMA: Release college, passport applications, I'll donate $5 million to
charity of choice...
Goes
bust on TWITTER...
ALLRED
MET OBAMA TWO WEEKS BEFORE 'OCTOBER SURPRISE'
ALLRED
HITS DEAD-END IN ROMNEY DIRT DIG?
2ND
HEARING SET...
SURPRISE:
Feds sue BANK OF AMERICA...
RASMUSSEN:
R 50% O 46%...
GALLUP:
R 51% O 46%...
POLLS:
ROMNEY TAKES LEAD IN FAVORABILITY...
VIDEO:
Romney Wins CBS Focus Group In Ohio...
STOCKS
ROCKED: DOW -200...
Obama
Supporters Continue Threats To Riot, Assassinate Romney... { Tweets Reveal Obama Supporters Fueled by ‘Racial Hatred’ Paul Joseph Watson | Chris Matthews gets it
wrong again. (Indeed he does!) }
MSNBC
crowd boos 9-year-old girl for supporting Romney... {Oooooh!
Wobamanoids are so effective in targeting the ‘opposition’!}
Son
Of WI State Senator Attacked Protecting Romney/Ryan Sign... ...
5-year-old
girl raised by monkeys... [ Come on … leave wobama’s daughters out
of this……….. my payback (Do not talk to President Romney that way!) for President
'insulted, patronized, mocked' his opponent... What can
wobama say? He has but a record of abject failure to run on! And, the record IS
unequivocally utter failure! All the choom fantasy, fellow nigger intimidation
and threats will not change that fact! ]
Image
of Romney crops up in Iowa farm field...
Chavez,
Castro, Putin ( among others in the ‘pro-america’ block ) endorse Obama...
ISSA
TURNS UP HEAT ON SEBELIUS...
FABER: Cut
US Govt. By 50% Now!
PAPER:
Obama's Blind Eye to Illegal Donors...
Taxes
go up in 2013 for 163 million workers...
Man
busted for throwing pennies into Dem HQ; 'All he has left after being taxed by
Obama'...
SIMON:
Should Obama Resign Tonight?
International (pro-obama) monitors to watch US elections...
Obama
Campaign Borrows $15M from Bank of America...
Gov't
Foreign Debt Now $47,495 Per Household...
$10,090/Household Owed to China...
{ Nigger Terrorist at Work Mass
Shooting At Brookfield Square Mall In Wisconsin Submitted
by Tyler Durden on 10/21/2012 Breaking news
of a mass shooting at the Azana
Salon and Spa at the Brookfield Square Mall. Details still scarce but at
least 4 people reported wounded and 3 more patients expected, emergency
responders are on the ground, and the mall has been put on lockdown. The
shooting suspect, who is said to have used a machine gun, is still at large.
Updates via @USEmergAlerts:
BROOKFIELD SQUARE | U/D SUSP BLACK MALE
6'1" 270 LBS. BALD. BROWN EYES U/D BPD RQST A MILWAUKEE SWAT TEAM & FLIGHT
FOR LIFE IS ALSO LANDING AT THE NE CORNER OF BROOKFIELD SQUARE | UEA555 }
Son
Of WI State Senator Attacked Protecting Romney/Ryan Sign... ...
REALCLEAR
MAP: Romney takes first lead in electoral college...
Closing
26-point gap, Romney's favorability rating tops Obama's for first time...
PA
SHOCK POLL: R 49% O 45%...
VA:
R 50% O 47%...
FL:
R 51% O 46%...
GALLUP:
R 51% O 45% (10-19-12)...
Lifetime
Democrat Lee Iacocca Endorses Romney...
Jesse
Jackson Jr. may return to Mayo Clinic...
Off
campaign trail since June, checks still paid to wife's consulting firm...
Has
spent $110,000 since Rep dropped off...
CHICAGOLAND:
Pack of Teen Girls Arrested For Armed Robbery...
WELFARE
SOARS 32% IN 4 YEARS...
Now
costs $1,030,000,000,000...
Jobless
claims rise most in 4 months...
Obama DOES Have Investments In Cayman Islands Trust...
... and has a bigger pension than Romney!
Under
president, for every $7 brought in by gov't, $11 spent...
REALCLEAR
MAP: Romney takes first lead in electoral college...
{ Any state that President Romney
doesn’t carry is going to suffer! }
OH:
O 49% R 48%...
MI:
O 44% R 41%...
WI:
R 49% O 48%...
R closes 11-point gap in just two weeks...
O
Brags About His Appeal Among Toddlers (sure…them among other young people who
don’t understand how big a failure 0 is and how substantially he’s screwed them
and the nation for years to come!)...
OBAMA
ON COMEDY CENTRAL: 'WHEN FOUR AMERICANS GET KILLED, IT'S NOT OPTIMAL'
[ 0’s such a joker/failure/joke! ]
Violent
crime jumps 18%, first rise in nearly 20 years...
DICK
MORRIS: Romney won the second debate...
Threats
to Assassinate Republican Romney Explode on TWITTER After Debate...
REPORT:
White House contradicts president's statement on Benghazi terror attack...
Despite
Pledge of Open Government, Obama Prosecuting Whistle-Blowers as Spies...
'When
I Was President'... {
Indeed, past tense for O and more than a Freudian slip as he heralds in new
President Romney, writing on the wall though noit his teleprompter!
CAUGHT
ON TAPE: Michelle O Broke Rules, Clapped During Debate...
'On
Nov. 7, We're Going to Party Hard'...
U of
Colorado Study: 77% likelihood Romney wins popular vote...
Record
High Enrollment for Food Stamps: 46,681,833...
FOURNIER:
Verdict Uncertain...
TREAT:
Candy gives Obama 9% more time...
TRICK:
Candy 'Throws the Flag'...
CANDYLAND:
Romney was 'right in the main' on Benghazi, but 'picked the wrong word'...
Another
debacle for America's media...
Reporters
applaud Obama's slam on Romney's wealth...
Pelley:
'Most Rancorous Debate In History'...
'Nauesating'...
Reporters
Get Drunk at Debate...
LUNTZ
GROUP: BIG SWING...
A
Frank Luntz focus group made up mostly of former Obama voters say they now
support Mitt Romney.
"Forceful, compassionate, presidential," one participant said.
"Confident and realistic," said another.
"Presidential," another told Luntz.
"Enthusiastic," another reacted.
"Our next president," one man said.
"Dynamo, winner," said one more.
"He's lied about everything. He lied to get elected in 2008, that's why I
voted for him. I bought his bull. And he's lied about everything, he hasn't
come through on anything. And he's been bullshitting the public," one
member of the focus group said.
Farrakhan's
Fiery New Warning to USA: 'Every Plague Written in Koran is Going to Come to
Pass'... { farrakhan’s really only talking about (all plagues rolled
into) one plague; viz., the plague of the nigger which is extant despoliation
wherever the niggers are, in the worst sense!
Yes, they are the other, more nefarious black plague! }
Violent
crime rises sharply... ‘6:53PM EDT
October 17. 2012 - WASHINGTON — The violent crime rate went up 17% last
year, ending a general decline in violence that began nearly 20 years ago,
according to a new federal survey of crime victims.The Justice Department's
National Crime Victimization Survey also found an 11% increase in the rate of
property crimes, including household burglaries and car theft.’ { Come on!
Perenially understated, these understated crime numbers don’t even take into
account ‘protected/unprosecuted’ wall street frauds/crimes in the trillions.
And, how about those fed paper bucks that ‘fell off the fed trucks’ even just
recently; kind of like those 360 tons of $100 bills ($12 billion) flown into
Iraq that just ‘disappeared into thin air, etc.. }
Driver
Doesn't Stop For 8 Blocks As Men ( two niggers ) Viciously Beat Woman On Public
Bus...
Greece
faces anti-austerity shutdown as EU meets...
'In
depression'...
GALLUP:
WOMEN TURNING AWAY (from MO O)...
'Stunning
He's ( obama) in Politics, Because He
Really Doesn't Like People'...
TONIGHT'S
DEBATE 'DO OR DIE' FOR OBAMA...
Questioners
Face $4,492 Tax Increase Next Year...
BUCK STOPS WITH ME: HILLARY TAKES BLAME...
Pins
confusion on 'fog of war'...
Hillary
Clinton to Obama in 2008: 'The Buck Stops In The Oval Office'...
Dem
Political Signs Scaring Away Customers in VA...
Camp
O attacks GALLUP again...
Jesse
Jackson Jr. Speaks: 'Not well'...
Thought
he was 'reincarnated chariot driver'...
Battery
maker with $249 million in taxpayer cash goes bankrupt...
CEO
touted 'green jobs' in Rose Garden...
STATE DEPT: Negotiations to keep troops in Afghanistan past 2014...
FLASHBACK:
Biden: 'We are leaving in 2014. Period'...
GOV'T
STUDY CONFIRMS 'GAYDAR' EXISTS, 60% ACCURATE... http://albertpeia.com/governmentwaste.htm
Coburn
calls Senate cohorts biggest waste in government...
GALLUP:
WOMEN TURNING AWAY { A new USA TODAY/Gallup Poll of the
Swing States shows Mitt Romney with a lead among likely voters as he
strengthens his standing with women in the nation's top battlegrounds. }
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
]
Farrakhan warns forces
trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND: For second
time, grandmother learns a grandson is shot to death...
5 dead, 25
wounded over weekend... { Just another day in niggerland! }
Catholic
Bishops Slam Biden Remarks...
REPORT:
GM has lost $6.5 billion overseas since bailout...
Pelosi
claims she read entire 2700 page Obamacare bill... { Riiiiight! And,
just as Woody Allen quipped about having read War and Peace at (Evelyn Wood?)
break-neck speed-reading pace, ‘it was about Russia’, so too can incompetent
flake, not-too-bright pelosi say, it was about healthcare. }
Arlen
Specter dies... { I’m glad he’s dead! He was a truly corrupt kike,
going all the way back to the warren (fiction) commission to the present. He’s
helped cause a lot of damage to this country! }
Shot
Fired Through Window at Obama Campaign Office in Denver...
Will
The Election Results Cause Riots?
WIRE:
Do black people support Obama because he's black? { Do bears s**t in
the woods? Is the Pope Catholic? Come on! Everybody knows that’s the case; and,
surprisingly, those self-destructive losers who are white et als supporters of
obama, in light of obama’s demonstrated 4 years of failure, must be doing so
this time around for no other reason as well. How totally tragic and pathetic
at once! }
Presidency
'has not helped cause'...
VIDEO:
Dems joke they'll get enough votes to win -- even a couple of days late!
CAMPAIGN FREAKOUT!
OBAMA LOCK UNDER 10
STATES
As Election Day nears, Romney crowds
are surging...
Geithner defends (indefensible) O as
deficit again tops $1 trillion...
China's yuan hits record high against
dollar...
BIG BANK SCORES RECORD PROFIT!
Fed Money Pumped It Up...
WYNN: My Employees 'Filled With Anxieties These
Days'...
'Every Business Guy I Know Is
Frightened Of Barack Obama'...
Biden claims he voted AGAINST two
wars he voted FOR...
REPORT: 'Fast and Furious'
Whistleblower Fired in DENNY's Parking Lot...
PAPER: Feds now probing suspicious
activity in Rep. Jesse Jackson Jr. finances...
UPDATE: Hezbollah drone may have been
sent to monitor Israel's nuclear facility...
Shot Fired Through Window at Obama
Campaign Office in Denver...
Will The Election Results Cause
Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity in every calamity and not
vice versa. Indeed, President Romney’s election based upon american people’s
survival instincts and an awakening from the wobama b***s*** slumber of decline
will provide the opportunity to incarcerate the niggers who will use such as an
excuse to do what they’re inclined/predisposed to do anyway, and in one lawless
form or another, are already doing. Prison or sub-saharan Africa are the only
places suitable for niggers. Let no man, woman, or child fall prey to their
intimidation and uncivilized violence! 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 }
FLORIDA: R 51% 0 44%...
Biden, Ryan at each other on everything...
TENSE...
CNN POLL: R 48% B 44%...
Chris Wallace: I've never seen a candidate as
disrespectful as Biden...
Borger: Came Off As Condescending...
Hume: 'Cranky Old Man'...
Noonan:
'The old man pushed, and the kid pushed back'...
Biden Interrupted Ryan 82 Times?
RNC AD: THE LAUGHTER...
REALCLEAR MAP SHOWS SHIFT...
OOPS: 'One
large state didn't report some quarterly figures'...
SURPRISE: Jobless claims plunge...
Officials don't ID mystery state...
Biden contradicts State Department on Benghazi security...
Romney meets with Rev. Billy Graham...
'I'll do all I can to help you'...
Hungarian-born billionaire buys airtime to warn against
socialism...
Carlos Slim, World's Richest Man, Gets Richer Supplying
'Obamaphones' To Poor...
R 49% O 44%
CAN HE GET THEM BACK?
10-11-12: Ryan prepares to take on Biden...
70 million watched VP debate in '08...
Commission dismisses Raddatz-Obama connection...
Conflict of interest?
Obama Defends Debate Performance: 'I Was Just Too Choomed
Out, Nothing to Say'...
Campaign tries to quell panic...
Dems frustrated by 'Big Bird' turn...
Unions struggle to help...
Jack Welch: I Was Right About That Strange Jobs Report...
Ohio Obama Rally Features Rap Rendition of 'Sesame Street'
Theme Song...
ROMNEY:
'You have to scratch your head when president spends week talking about 'Big
Bird''... { Indeed! But, don’t scratch too hard;
after all, what else can he talk about? He can’t talk about his record of unequivocal failure. He can’t talk about broken campaign promises (that would take
ages). And, he can’t talk about solutions
to the nation’s problems … because he has none which he has proven in 4 wasted,
failed years. Moreover, wobama’s absolutely clueless as
to what to do to solve the nation’s substantial problems, some caused/exacerbated by his
own incompetence and failure. }
Mother of Slain State Dept. Official Tired of Being Lied
To and Stonewalled by Obama Administration...
Spain Downgraded to One Level Above Junk...
PAGLIA: FORGET OBAMA, I'M GOING GREEN PARTY...
REPORT: 'Most sophisticated, professionalized and
successful doping program that sport has ever seen'...
Teammates turn on Armstrong...
26 testify...
{ So much for the atheist armstrong; what a total fraud! Kind of like
that other armstrong american fraud; the late, but not great, moony armstrong!
}
CEO explains memo threatening layoffs if Obama re-elected...
FEDEX to cut thousands from workforce...
FACEBOOK Fought SEC to Keep Mobile Risks Hidden Before IPO
Crash...
STATE DEPT SPINS NEW TALE ON BENGHAZI ATTACK...
POLL: Romney leads in 11 swing
states...
Takes lead in OH...
PA, WI, MI close...
Biden Has Not Sat for On-Camera
Nation TV Interview in 5 Months...
CEO Threatens to Fire Employees If
President Is Reelected, Raises Taxes...
Chain Cuts Workers' Hours over
Obamacare...
Steve Wynn Slams Obama: 'I'll Be
Damned If I Want To Have Him Lecture Me'...
Ohio Obama Rally Features Rap
Rendition of 'Sesame Street' Theme Song...
ROMNEY: 'You have to scratch your
head when president spends week talking about saving 'Big Bird''...
PANIC: Romney signs in VA defaced,
stolen and smeared with excrement...
VIDEO...**WARNING: GRAPHIC
LANGUAGE**
GALLUP: 5-POINT ROMNEY BOUNCE...
PEW: 18-point shift among women...
POLL: Romney leads among independents 51-35...
'Enthusiasm' gap 13-point spread for Republican...
R closes gap in Michigan...
R 49% O 47%
University of Colorado: Updated
election forecasting model still points to Romney win...
PAPER: Why Obama's campaign is
falling apart...
SULLIVAN: SOS OBAMA
VEGAS REVIEW JOURNAL ENDORSES
ROMNEY...
Romney casts Obama's foreign policy as weak, dangerous...
MILITARY TIMES POLL: R 66% O 26%...
BOUNCE: R 49% O 47%
8-point shift for Romney in Colorado...
Romney raises $12 million in 48 hours...
OBAMA RAISES $181 MILLION IN SEPT -- JUST 2% OF DONATIONS
REPORTABLE...
Super PAC Donor on Obama: 'Looks Like He Took My Million
and Spent it All on Weed'...
TEAM OBAMA BLAMES JOHN KERRY FOR DEBATE LOSS...
Man Tells Obama: Business 'Terrible Since You Got Here'...
NH voter: ‘O Couldn't run a lemonade stand'...
SNOOP DOGG TWEETS 10 REASONS NOT TO VOTE FOR ROMNEY...
'He a white
n****'...
'Bitch I
will beat the sh** out of you'...
Police Union Warns 'War-Like' (nigger-town) Detroit Unsafe
For Visitors...
Hands Out Flyers: 'ENTER AT YOUR OWN RISK'...
GAS PRICES SET RECORD IN CA
Filling stations across state run out, shut down...
'What are they doing to us?'
Obama fundraiser with Katy Perry to snarl traffic...
REPORT:
Intelligence officials accuse administration of 'cover-up' in Libya...
WHITE HOUSE POINTS FINGERS...
Email Shows State Dept. Rejecting Request of Security Team
at Embassy...
34 security personnel pulled in 6 months before attack...
Boy writes letter to editor after shelter kills cat...
'Grown-ups killed my kitty'... To the editor: My name is Rayden. I am 8 years old and I live in Logan.
Yesterday grown-ups killed my kitty, my best friend, when they weren’t supposed
to. Because I really don’t know how to write, my PaPa is writing down the
things I think and say. My kitty’s name is Toothless. When I got him I had just seen “How to
Train a Dragon” at the movies. My kitty looked just like the dragon
Toothless with big green eyes and the hair around his head. Toothless, my cat,
has long fluffy hair and sleeps on my bed and loved to play with my brother and
me. Toothless would let us carry him around all the time. He was our best
friend. Last week he didn’t come in at night. Sometimes he does that, but this
time he didn’t come back. After two days my little brother Devin,
who is 5, and I went to every house on our street and asked everyone if they
had seen Toothless our cat. Everyone said no. We were worried and scared
something was wrong. On Wednesday after work my dad went to the animal
shelter as it was closing. They didn’t want to let him in, but they did. He asked if there
was a cat with long black fluffy hair there. They let my dad in to look at the
cages, and there was Toothless! He was curled up laying in the back of the cage
very scared. When my dad made his funny meow sound that he does to make him come
home, Toothless jumped up and came to the screen and rubbed up against it and
was so happy to see my dad, and he wasn’t scared anymore. My dad wanted to take him
home, but they said he had to go to another office building and pay a fee. The
lady at the shelter said it would be OK and told him to come back the next day
and we could get Toothless. When my dad came home and told my little brother
and me he found Toothless we were so happy and we weren’t scarred
or worried anymore. My dad went back the next day to get our kitty and
they told him they didn’t have any long-haired black cats. They only had a
white fluffy cat. My dad waited a long time for the lady to come back and talk
to him. The same lady that told my dad to come back the next day said she was sorry.
She had forgotten to leave a note to tell the people my dad would be there for
Toothless and they had just killed my cat that morning. She had just forgotten
to write a note to save a member of my family. They killed him and I don’t know
why. My dad found out where he had been picked up and it was our neighbors
down the street that don’t like cats and dogs. They had caught him in a trap
and gave him to the police to take him away. When Devin and I knocked on their
door and asked if they had seen Toothless they told us no, and that was a lie.
My dad and mom tell me and Devin not to lie and that is right. I didn’t think big
people lied because they are grown ups and know what is right. Now I don’t know what
to do. My cat Toothless is dead; the people that killed him didn’t even give
him to my dad so we could bury him. What do I do now? Rayden Sazama Logan Editor’s note: Cache Humane Society Director Brenda Smith
confirmed Rayden’s story that an animal shelter worker forgot to leave
a note to halt euthanization of the Sazamas cat. { The shelter/city should be sued and the employees involved
should be fired for cause! }
BOUNCE IN POLLS:
R PULLS AHEAD IN VA...
R +3 IN FL...
R +3 IN OH among those 'certain' to
vote...
REALLY! 7.8%
Total employment 'highest one-month
jump in 29 years'...
Welch: President manipulating numbers
after debate performance...
BLS economists donate to Obama
campaign?
Rate Plummets to 4.3% -- For Govt
Workers...
Report met with suspicion...
ROMNEY: Rate more like 11%...
OBAMA: Can't turn back now...
SEPT. EMPLOYMENT: +114,000...
Aug. number revised to +142,000 --
from +96,000...
Welch: Obama manipulating numbers after
debate performance... {
There are some people (and their assessments) that you might dismiss as
light-weight partisans… Jack Welch is not one of them! Indeed, among the rarest
breed historically of exceptional american CEO’s, Welch points to the folly of
preposterously a month before elections, on paltry/pathetic jobs numbers (
election year temp/part-time for manipulating stats along with the nebulous
‘stopped looking’ fudge factor) , following a disasterous debate showing (of
wobama failure and incompetence), the unemployment rate falls to just below the
‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is tantamount to
the obama 100% employment fantasy where literally everyone but him has stopped
looking for work and hence, not counted in compiling the unemployment rate (and
then those jobs in the millions lost and gone forever on his watch - what a
banana republic!). Come on, wake up!: JACK WELCH: OBAMA IS MANIPULATING THE JOBS
NUMBERS BECAUSE HIS DEBATE PERFORMANCE WAS AWFUL…UNBELIEVABLE JOBS
NUMBERS…THESE CHICAGO GUYS WILL DO ANYTHING…CAN’T DEBATE SO CHANGE NUMBERS.
}
O NO: CLINT WAS RIGHT!
Leno: 'Only Person Who Didn't Tune In Was Obama'...
Campaign aides 'shell-shocked'...
Man Tells Obama: Business 'Terrible Since You Got Here'...
NH voter: 'Couldn't run a lemonade stand'...
Deficit
Tops $1 Trillion for 4th Year...
California Refiners Ration Gasoline...
L.A. stations run out, close pumps...
Gas Prices Likely to Rise Through Election...
SKYFALL
RATTLED, O GOES ON ATTACK...
BUCHANAN: Romney: Best debate performance in 52 years...
John Sununu calls Obama 'lazy and detached'...
FLASHBACK:
'There's a laziness in me'... { Of course O’s lazy…niggers are
lazy…that’s just the way they are…don’t blame the niggers, they were born that
way! And, what about the audacity of wobama the b for b***s*** talking about
specific plans by President Romney when wobama’s ‘plans’ last b***s***
campaign, from war (continued) to prosecutions of the big wall street frauds
(none) to cutting the deficit (actually increased in record fashion), etc.,
etc. were meaningless b***s*** when measured by what he did (zero)….Just like a
nigger! When are people going to awaken to the reality that obama’s just total
b***s*** without the slightest clue as to how to achieve results through
work/performance, and is too lazy to really care! }
Was Obama rattled by developing donor scandal story?
BIDEN: 'Yes, We Do' ...
Keept away from press...
AARP to President: Don't mention us again...
67 MILLION: RATINGS JUMP FOR DEBATE...
15 million more than '08...
Left-Wing Websites Reject Obama Ads, Say Campaign
Undercutting Them By Working With GOOGLEAOL...
Harry Reid makes up quotes in another attack on Romney...
NYT: 'President Xanax'...
Lost, bewildered without teleprompter...
Gas prices in CA hit record highs...
Supply shortages shut pumps...
ROUND WON: Romney Seized Offense in
Debate...
You Were Fighting For Obamacare, Not
Jobs...
'The Path We’re Taking Is Not
Working'...
FOURNIER: Cursed Obama Falls...
MSNBC MATTHEWS: 'What Was He Doing!'
Cutter takes swipe at Lehrer...
Carville: 'Romney came with a
chainsaw'...
Andrew Sullivan: 'This was a
disaster'...
UH O
Lost, bewildered without
teleprompter...
CNN POLL: Romney Annihilates...
Van Jones: 'Was Able To 'Out-Obama
Obama'...
LEFT TURNS ON O...
CA gas prices set to spike...
Man beaten, robbed -- inside grocery
store!
Another sex scandal rocks Detroit...{
Was she the sex lackey of Detroit Blacky? …'The chief of police exceeded his
professional status,' David Robinson said. }
NATIONAL JOURNAL SHOCK POLL: R 47% O 47%...
BIDEN: Middle class has been 'buried' during Obama's
presidency...
New Model to Predict Unemployment Sees Rate at 8.1%...
POLL: Doctors choose Romney...
DENVER BRONCOS John Elway Endorses
Romney...
CNN poll magically tightens as
calendar turns...
PAPER: Obama will need all the luck
that he can get...
RYAN: We Are Seeing Obama's Foreign
Policy 'Unravel on Our TV Screens'...
'Holder must go' over Fast and
Furious...
Hundreds line up for $1.84 gas in
Michigan in Anti-Obama Stunt...
2012 DEBT SURPASSES 2011...
Huge tax increase looms at year-end
'fiscal cliff'...
Jobs Outlook Weak as Companies
Reporting Cost Cuts...
REPORT: Recovery faster for
immigrants than US-born workers...
U.S. MILITARY DEATHS IN AFGHANISTAN
HIT 2,000....
AFGHAN SOLDIER KILLS 2 MORE AMERICAN
TROOPS...
Biden Misstates Number Of Fallen
Heroes...
Military absentee ballots
going AWOL in 2012...
REPORT: 1 million Ohioans have 'Obama
phones'...
RYAN WARNS: 'We need to tackle
challenges before they tackle us'...
Dollar Falls Most in Year...
UNIVISION report connects 'Fast &
Furious' to murders of 16 Mexican teenagers...
NETWORK FINDS 57 UNREPORTED
WEAPONS...
VIDEO **WARNING -- GRAPHIC**...
RYAN: 'Holder must go'...
Jets owner: I'd rather Romney win --
than the Jets!
OCTOBER 1: OBAMA APPROVE AT 47%
POLL: O 49% R 47%...
POLL: O 49% R 47%...
Eurozone hits record high
unemployment...
18.2 million jobless...
'INEVITABLE NEW RECESSION'...
One in 10 EU workers missed work for
depression...
26% in UK diagnosed...
Greek youth unemployment hits 55%...
Top Five Worst Obamacare Taxes Coming in 2013...
Romney: Debates a Clear Path to Voters...
'We're going to win Pennsylvania'...
SHOCK POLL PA: O 47% R 45%...
Leno Turns: 'We Wasted Four Years Waiting For Obama To Do
Something About The Economy' { Yeah, Jay! } ...
HOUSE CHAIRMAN CALLS FOR AMBASSADOR SUSAN RICE'S
RESIGNATION...
JAY-Z: I'M WITH OBAMA CAUSE HE'S BLACK...
CHICAGOLAND: Black Gang Member Tells Reporter, 'There Is
No Solution To The Violence; Killing Is The Solution'...
Member of 'Obama Boyz' gang charged in St. Louis
shootings...
Riots Between Black, Latino Students Break Out At CA High
School... { Yeah…Latinos not taking the typical s*** from the
niggers! }
MITT DEBATE PLAN: CALL OUT OBAMA
LIES... { The question is, do they have enough time to air all; so
many lies, so little time! }
GDP revised down to 1.25%...
Durable orders drop 13.2% -- 'worst
since recession'...
SANTELLI: 'Depressingly weak'...
Census: Americans' Incomes Have Fallen
$3,040 During 'Recovery'...
OBAMA HAS MY VOTE, HE GAVE ME A FREE
PHONE...
SEIU Paid Protesters at Romney
Cleveland Rally...
'$11 an hour'...
UPDATE: 3 ( yes, 3 niggers) arrested
in vicious beating on Capitol Hill (Do white/yellow/brown people for O have a
death wish? After all, he/holder have protected the violent, anti-white black
panthers)...
DICK MORRIS: Romney 'Pulls Ahead'...
Romney: 'Pleased With Some Polls, Less So With Others'...
Romney pays tax rate 'higher than what 97% of Americans
pay'...
SURVEY: 55% Of Small-Business Owners Would Not Start
Company Today, Blame Obama...
Sebelius to hit campaign trail again -- after breaking
election law...
Solution To Michelle Obama's new school lunch menu: SNACK!
{ Riiiiight! There you go! After all, chimps literally spend all day foraging
for munchable snacks in the wild. But, if you’re not a chimp of leisure as
moochelle, or just not a chump and busy with other things, ‘three squares’ will
just have to do as they always have! }
Post Office Prepares for Second Default in Two Months...
Romney: President Doesn't Want People To Know What
Happened In Libya...
Libyan president: Anti-Islam film had 'nothing to do with'
attack...
Honeymoon Over as Markets Brace for Volatile Times...
Health Premiums Up $3,000; Obama
Vowed $2,500 Cut...
Ralph Nader calls president 'war
criminal'...
OBAMA PROCLAIMS FIGHT AGAINST
'SLAVERY' { Desperate nigger desperados playing the familiar nigger
card! Send them back to sub-saharan Africa! }
2012: MICHELLE TALKS SLAVERY,
SEGREGATION...
'Back when our great-grandparents
were riding that Underground Railroad'...
Madonna (the ‘black hand italian’ who
stups niggers) threatens to strip naked if Obama re-elected...
Vote for the 'Black Muslim in the
White House'...
COMPLAINTS MOUNT AGAINST MICHELLE O'S
NEW LUNCH MENU...
'WE ARE HUNGRY'... { Such
a diet is based upon her own innate proclivities and projection: ‘…Chimpanzees prefer fruit
above all other food items and will even eat them when they are not abundant.
It will also eat leaves and leaf buds. Seeds, blossoms, stems, pith, bark and resin
make up the rest of their diet…’ }
Senators to Hillary: Show us murdered
ambassador's cables...
Libya tense after death of man who
caught Gadhafi...
...calls for vengeance
GOP recalls Obama's earlier victory
lap...
iPhone muggings up 40% in NYC...
PAPER: Don't believe hype on US
'recovery'...
Pennsylvania Shock Poll: Obama 47%
Romney 45%...
FLORIDA POLL: O 48% R 47%...
Veterans retreating from president...
DICK MORRIS: Why The Polls Understate
Romney Vote...
Romney Releases 2011 Tax Returns;
Paid $1.9 Million on $13.7 in Income...
...donated
$4,020,772 to charity
Voluntarily paid more than
required...
Harry Reid avoids prior claims...
'TIME TO SHOW YOURS, HARRY'
Zuckerman: Obama Campaign 'Divisive
and Dishonest'...
POLL: Distrust in Media Hits New
High...
Biden on college cheerleaders: 'The
stuff they do on hard wood, it blows my (lobotomized) mind'...
WHITE HOUSE STORY ON LIBYA FALLS
APART...
100 DAYS UNTIL LARGEST TAX HIKES IN
HISTORY... http://albertpeia.com/taxmaggedon.htm
FIRST SERIOUS INTERVIEW: O PRESSED ON FAILURES BY
UNIVISION
Romney: Obama's New Slogan 'No, I Can't'...
GALLUP: O 47% R 47%...
Median Income In OH Hits 27-Year Low...
Obama still blames video for Libya attack?
Ramos Rips Away...
'YOU DID NOT KEEP YOUR PROMISE'...
Shouldn't you 'fire' Eric Holder?
Student asks president for advice -- on how to find a job!
PAPER: 'THE OBAMA YOU DON'T KNOW'...‘…But beyond
the spin and the polls, a starkly different picture emerges. It is a portrait
of a man quite unlike his image, not a visionary reformer but rather a classic
Chicago machine pol who thrives on rewarding himself and his friends with the
spoils of public office, and who uses his position to punish his enemies. Peter
Schweizer captures this other Obama with a bracing statistic in his book
"Throw Them All Out," published last year. In the Obama economic
stimulus program's Department of Energy loans, companies owned and run by Obama
contributors and friends, like Solyndra's George Kaiser, received $16.4
billion. Those not linked to the president got only $4.1 billion. The Energy
Department is far from the only federal program in which favoritism has heavily
influenced federal grants. To paraphrase Tammany Hall's George Washington
Plunkitt, Obama has seen his opportunities and taken them, over and over. - Mark Tapscott / Executive Editor’
Republican senators decry 'useless, worthless' Clinton
briefing...
Lewinsky set to reveal Bill Clinton's sex secrets in
tell-all book...
'Worst nightmare'...
OBAMACARE
TAX TO HIT 6 MILLION
MOSTLY MIDDLE CLASS
RASMUSSEN SWING STATES: R 47% O 46%...
POLL CONFIRMS ROMNEY: OBAMA HAS
47%... { Yes…and the really tragically sad part of that reality for
america is that it’s a strategy of theirs, making americans dependant on the
government (for food, protection from bogus, self-created/induced bogey
men/terror, protection from warranted prosecution as with the largest frauds on
wall street, corzine et als, mf global etc.); and not just the poor; viz., ie.,
the frauds on wall street and their contraindicated QE entitlement along with
protection from prosecution for their huge frauds, etc… }
Tax Compliance for Obamacare: 80
Million Hours...
O: 'I ACTUALLY BELIEVE IN REDISTRIBUTION'
Analyst: Fed's 'QE-Infinity' Will Push Gold Up to $2,400...
Mortgage Lending Slides to 16-Year
Low...
WSJ: The Data Behind Romney's
Comments...
REPORT: Median Income Worse Now Than
During 'Great Recession'...
'Unprecedented' Jump in Food
Stamps...
8,786,049: Yet Another Record for
Americans Collecting Disability...
16 people working
for each person collecting..
US credit rating downgraded -- again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political
fallout...
Faber: If I Were Bernanke, I Would
Resign... { Yeah…but you’re not ‘The Rain Man’ … he’s
comfortable there … He’s not insane according to Einstein’s definition; viz.,
doing the same thing over and over and expecting a different result … He’s just
… ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of Dustin
Hoffman in portraying the character of the same name/film? If only he could
count like ‘The Rain Man’.) }
Gas Prices More than Double Under
Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will
They Move When President Loses?
'FULL-BLOWN CRISIS'
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by
ingratiating himself even further with those nefarious, self-serving interest
groups. }
Romney Calls Obama Response:
'Disgraceful'...
Muslims Attack US Embassies...
Mobs with guns and rocket-propelled
grenades...
FLASHBACK: Hillary Clinton boast on
Gaddafi: 'We came, we saw, he died'...
PROTEST: $9 gallon for gas in NY and
NJ...
Median income lowest since 1995...
Lower class grows...
Why did Obama use N-word to describe
his grandfather?
Suspected Bank Robbers Toss Cash Out
Window During Police Chase...
VIDEO... { A neighborhood nigger in response to a
reporter lauded the criminal acts of the armed niggers saying they brought cash
into the neighborhood where (other niggers) ‘people’ are hurting. Isn’t that
among the typical rationalizations that underlie every dastardly deed
perpetrated by the uncivilized niggers? The niggerized DOJ under holder/obama
similarly finds ways to rationalize not prosecuting as promised; ie., biggest
frauds on wall street, mfglobal/jon corzine, defense of and protection for
black panthers, etc.. How can people wonder why this nation’s crumbling? }
ROMNEY: 'Forwarned' is better than
'forward''... { Sampling
some of the network talking head roundtables over the weekend I was astounded
how many wobamanoid apologists talked up the dismal, paltry private jobs, many
part-time or low-pay, without mention of the record insurmountable $5 trillion
increase in the deficit to create them for the purpose of obfuscating wobama’s
blatantly failed performance as potus. Such people, either so partisan, so
unschooled in the relevant disciplines, so ill-prepared for the journalistic
task entrusted to them, literally have no defendable place in the field of real
journalism and are an embarrassment to all that journalism purports to be. }
DICK MORRIS: Obama Thugs Rough Up
GALLUP For Polls They Don't Like...
POLL: O 49% R 45%...
reuters/ipsos – the socialist/communist pollsters…they have a lot at stake…look
at their socialist europe and left-leaning city bases. Their polls can’t change
what already is!
DEMS SOFT ON WALL STREET CRIMES...
FLASHBACK: CARTER +4 OVER REAGAN IN
SEPT 1980 [+8 IN OCT]...
FLASHBACK: DUKAKIS +17 OVER BUSH
AFTER DNC 1988...
DICK MORRIS: Advantage Romney...
REPORT: GOV'T MOTORS LOSES
$49,000 ON EACH CHEVY VOLT...
'The Democrats' GM Fiction'...
Pentagon buys hundreds to 'green up'
military...
8.1%
+96,000
368,000 DROPPED OUT
88,921,000 'NOT IN LABOR FORCE'
Milbank: Demigod falls to earth...
{ After four years of unbridled, unfounded, blind faith in and defense of
wobama the b for b***s***, it truly makes my heart soar to see Mr. Milbank
finally walk into the light! Indeed, David Bowie (Nicholas Roeg’s ‘Man Who Fell
to Earth’), wobama is not; not that even David Bowie could have
siphoned/drained the vote as did grifter/conman/parasite obama. Yet, it cannot
be denied that nobody, no news organization, not even a government agency did
their homework in vetting this complete and utter fraud called ‘barack obama’!
} ‘…After a couple of nights at the Time Warner Cable
Arena, the convention was to have closed with President Obama’s acceptance
speech at the Bank of America Stadium, where convention officials were planning
to squeeze nearly 6,000 seats onto the field to expand the stadium’s capacity
beyond its usual 74,000. But the speedway event was
canceled — ostensibly because of logistical problems but more likely
because convention fundraising was
running low. Then the Democrats canceled the stadium event
in favor of the smaller arena — ostensibly because of “severe thunderstorm”
concerns but more likely because they couldn’t be sure enough people would come
to fill the stadium.In fact, the forecast hadn’t called for severe weather, and
conditions were fine Thursday night. The change caused thousands to be turned away,
and the crush of crowds at the arena led authorities at one point to lock down
the building for a second straight night – leaving some delegates on the street
while lobbyists enjoyed the proceedings inside…’
CLINT SPEAKS: Obama 'greatest hoax
ever perpetrated on American people'... { I think Clint is too kind
in euphemistically referring to and characterizing wobama as merely a hoax as
opposed to the indisputable fraud, grifter, conman that obama most certainly
is! }
White House to miss deadline for
report on 'fiscal cliff' budget cuts...
O: I'M NOT DONE YET { He’s
done! }
NOONAN: 'Stale and empty... he is out
of juice'...
OBAMA HAMMERED IN FIRST REVIEWS...
FROM THE LEFT: TOMASKY: Pedestrian
and Overconfident...
FROM THE RIGHT: KRAUTHAMMER: 'One Of
The Emptiest I Have Ever Heard'...
AP: Obama and the phantom peace
dividend...
'VOTE BLACK'/‘VOTE NIGGER’ BUTTONS HIT CONVENTION HALL...
WOODWARD: White House so stunned by
2010 GOP triumph, it didn't even have Boehner's phone number...
Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he was
‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }
Poll: R 48%
O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to
43%...
PROTESTERS VOW BIGGER CROWDS IN
CHARLOTTE...
'Occupy' encampment re-opens near Dem
convention...
DNC security rules trigger free
speech worries...
KING: Obama presidency has been time
of deep Dem decline...
Frustrated union leader throws empty
chair...
RECORD-HIGH LABOR DAY GAS PRICES
GREET DEMS IN CHARLOTTE...
RYAN: President 'running campaign
based on envy and division'...
GOP launches 'Obama Isn't Working'
message...
SUNDAY: Dem Gov. -- We're Not Better
Off Now...
MONDAY: 'We're Clearly Better Off'...
BIDEN: 'If It Weren't So Hot I'd Go
Into Detail'...
Debt to hit $16 trillion just as
party gavel in convention...
Dems to bus in black church members
from SC...
ID required to attend...
'GODFATHER' TO CUT DNC TRIP SHORT...
Chicago schools brace for strike...
Dems Drop 'God' From Party
Platform...
REUTERS PHOTO DEPICTS HARRY IN
HELLFIRE...
Endorse taxpayer-funded abortions...
DNC Video: 'The Government Is The
Only Thing We All Belong To'...
ABCNEWSWASHPOST POLL: Obama personal
popularity fading...
Women Turning...
DEBT TOPS $16T...
$136,249 Per Household...
FOOD STAMP USE CLIMBS TO RECORD 46.7
MILLION...
Key SOLYNDRA figure 'ran for exit' after
seeing ABCNEWS cameras on DNC floor...
UPDATE: Obama gives himself an
'incomplete' grade...
POLL: Just 40% say he deserves second
term...
POLL: Less Than Half of Army Officers
in Afghanistan Report High Morale...
Panicking Spaniards Pull Out Cash, Leave Country...
Depression, Suicides Rise as Euro
Debt Crisis Intensifies...
MOODY'S Changes Rating Outlook to
'Negative'...
COPS: Mother Forces 10-Year-Old Boy
To Rob House... { Shafique
(black) and her son ran away but Lynnwood police arrested her. They found a
stolen laptop and crack cocaine. }
Gasoline To Hit Labor Day Record
Price...
University of Virginia
Declines Obama Campaign Request...
EX-NFL GREAT TO BLACKS: SAY NO TO
OBAMA...
70% of Obama's 19 million TWITTER
followers fake...
CHICAGOLAND: 13 shot in 30-minute
span...
FLASHBACK: Obama -- 'Chicago Is
Example of What Makes This Country Great' { Wow! Talk about choom fantasy…
unless you’re a fan of…Al Capone! } ...
FOXNEWS POLL: Romney Pulls Into
Lead...
Republicans eye return to
gold standard...
Romney Reiterates He Would Replace
Bernanke...
Analysis: Incomes Fall More Under
Obama...
Big Loss for Those Near Retirement...
USA $20 trillion in debt by 2016...
FABER: Odds of Global Recession Are 100%...
Texas Judge Preparing For
'Civil War' If Obama Re-Elected...
ROMNEY: President 'Has Tried To
Substitute Government For Free People'...
PAPER: THE LEFT HAS BEEN TOO KIND TO
OBAMA...
Postal Worker's Vacation Halts Mail
In Jersey City, NJ...
TINA FROWN! { Newsweek on wobama’s failed presidency – Newsweek
relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47% OBAMA 45%
ROMNEY: Time to Audit the Fed...
GAS PRICES SET RECORD...
Poll: Not better off now than in
2008...
SHOCK POLL: Romney beats Obama in
Chicago suburbs...
SPIKE IN ARMED ROBBERIES, SAVAGE
BEATINGS ON CAPITOL HILL...
Crime jumps 64%...
NOONAN: If Biden Were Republican,
Topic Would Be 'How Stupid Is This Person?' { Well, in fairness, a
distinction is carved out for Lobotomy Joe who really did have part of his
brain surgically removed! } FACEBOOK FALLS TO HALF OF PUBLIC
OFFERING PRICE...
No Horses, But Detroit Water
Department Employs 'Horseshoer'...
BOOK: Obamacare designed to unionize
21 million health care workers...
Increases costs of hip, knee
replacements...
O STICKING WITH LOBOTOMY JOE!
ROMNEY, RYAN PREPARE FOR ASSAULT ON OBAMA'S
SPENDING...
U.S. Foreign Debt Hits Another Record...
Democrats' nerves start to show...
VA BAKER SAYS NO TO BIDEN STOP...
Secret Service buys cupcakes as thanks...
Customers flock in...
'OBAMA CAN KISS OUR A**'...
HOW LOW WILL IT GO? FACEBOOK STOCK PLUNGES...
Has lost half of value...
JULY DEADLIEST MONTH OF 2012 FOR TROOPS...
ARMY SUICIDES SET RECORD...
FBI: Federal court clerk sold secret info to L.A.
gangsters...
New Jersey unemployment rate at 9.8%, highest since
1977...
REPORT: GM's European failure will prompt second
Obama bailout...
CHICAGOLAND: City Worker Caught Stealing 500 Feet Of
Copper -- Off Midway Airport Runway!
Ecuador grants WIKILEAKS founder asylum...
40 police surround embassy...
U.S. denies pushing arrest...
Obama defends Biden on 'chains' comment...
HE DID IT AGAIN: LIVING IN WRONG CENTURY!
REPORT: Obama has 22 days to drop Biden from
ticket...
VIDEO: Biden Refers to Ryan as 'Governor'...
Now Social Security Administration To Purchase 174
Thousand Rounds Of Bullets!
Hypersonic aircraft crashes seconds into military
test flight...
Thousands of Federal Retirees Get Six-Figure Pensions...
CHICAGOLAND: 50,000 line up for Obama amnesty
program...
Labor Dept. Attempts to Stop Layoffs by Giving $100
Million to States, Subsidize Payrolls...
VIDEO: Biden Imitates Sign Language Lady… [ I’m quite
serious when I say lobotomy joe biden had part of his brain removed… he
literally had part of his brain surgically removed…his nonsensical outbursts
are symptomatic of lobotomies generally…] ...
Wonderment Whether Biden Has 'Mental Capacity' for
Presidency...
VP says 'We can win North Carolina' -- while
campaigning in Virginia...
REPORT: Ill. state workers forced to attend Pelosi,
Jesse Jackson Jr. event on taxpayer dime...
Buchanan: 'Obama has steadily diminished both himself
and the office he holds'...
Campaign admits knowing story behind flawed PAC
attack ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs
Low...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression }
SPIRITS SPEAK TO PELOSI ( Riiiiight! And they keep
telling her… ‘bankrupt america…bankrupt america…bankrupt america’….she believes
them, tries her best to comply, and follows their advice! Meanwhile, by way of séance, hillary getting
the message…’more world strife…more world strife…more world strife…’ and she’s
complying! Not to be left out of democratic party stratagems, wobama’s been
seen sticking pins into a doll that bears an uncanny resemblance to President
Romney… If only they had a real strategy and knew what they were doing! ) ...
Over 100M in America on Federal
Welfare...
Gingrich Warns: Obama 'direct threat' to my
grandchildren's future...
BOOK: Blago claimed $25,000 channeled to Obama...
Nearly half of long-term U.S. immigrants are on
welfare...
$5.2b in fraudulent tax refunds to immigrants...
OBAMA (who plays his 104th round of golf as potus) POPULARITY SOARS -- IN NIGGERTOWN DC!
Plays 104th round of golf (as nation flounders)...
HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but
'still very depressed'...
Ethics investigation continues...
BIASED MEDIA BASH: 86% of Romney coverage NEGATIVE...
{ Friday Humor: (obama last
campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The
End Of My First Term In Office" ZeroHedge.com Wow! The only explanation
might be they’ve been duped by wobama along with the rest of the nation and are
too embarrassed for not doing their reasonably expected due diligence on
grifter obama and just won’t own up to the reality of the fraud called wobama!
Wobama the b for b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … ) 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…’] }
Boehner: Obama has 'never even had a real job, for
God's sake'...
O BRINGS BACK TELEPROMPTER...
REPORT: Warnings ignored in Solyndra loan...
STOCK IMPLOSION HITS CA TAX REVENUES...
San Bernardino files for bankruptcy...
Vacant Detroit becomes dumping ground for the dead...
House urges Obama to fight UN web regulation...
COPS: Teen Stabs Man 22 Times
After Online Xbox Chat Turns Sour...
REPORT: White House scrambles
to prevent defense cut pinkslips before election...
Chicago: 'The Deadliest Global
City'...
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Court Finds Obama Appointees Interfered with New
Black Panther Prosecution...
UPDATE: Jesse Jackson Jr. at Mayo Clinic for
depression...
REPORT: Obama's 'You didn't build that' gaffe won't
bring back teleprompter...
Gorilla in zoo hangs himself...
CAMPAIGN RATTLED...
Barack Obama Sr: 'Nothing Stopping Gov't From Taxing
100% Of Income'...
POLL: Less than half of voters think president is
Christian...
ROMNEY MOVES INTO LEAD AT GALLUP, RASMUSSEN...
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN JUNE...
Spent $2.6 million -- on polling?
Paid $93k for Half-Empty Stadium Kick-Off Event...
US poverty on track to rise to highest since 1960s...
CHICAGOLAND COPS: Teens kill man in 'knock 'em down'
game...
Former SEAL Team Six Commander
Launches Anti-Obama Offensive...
'IT'S A FAKE'...
Sheriff Joe's Obama probe finds 'national security
threat'...
Calls Congress to move on eligibility...
VIDEO: 'Every document surrounding Obama plagued with
problems'...
NEXT: Compton, CA, may declare bankruptcy...
3-Year-Old Mugged in NYC...
3-year-old boy mugged -- while sitting in stroller!
Thieves Stripping Air Conditioning Units For Freon To
Get High...
HORROR: Naked, Blood-Soaked Man Breaks Into 2 Homes,
Kills Elderly Woman... { http://albertpeia.com/anothertypicalblack.htm Do americans feel they deserve such a fate
at the hands of the uncivilized wobama blacks
}
COPS: Woman Kept Friend's Corpse In Armchair For 18
Months, Watched NASCAR With It...
'He Was Only Guy Who Was Ever Nice To
Me'...
FLASH: Rep.
Jesse Jackson Jr. 'in Rehab'...
'Persistent
sleep disorder'...
Has Been
Under investigation by House Ethics Committee...
NYT: His
Father's Son...
Chicago
police sergeant: 'Tribal warfare' on streets...
Comparable to Iraq, Afghanistan...
WAR DRUMS:
USA moving dozens of underwater craft to Persian Gulf...
TOURISM PLEA
TO GODFATHER: Violent crime wave must be defused...
Algorithms
now 'writing' articles for newspapers and websites...
SALES TAX IN SPAIN JUMPS TO 21%
{ That’ll work! }
Jon Voight
defends Brad Pitt's mom after death threats for anti-Obama letter...
UPDATE:
Closure of Border Patrol stations across 4 states triggers alarm...
REPORT:
People losing homes for as little as $400 in back taxes...
NAACP
Requires Photo ID to See Holder Speak in State Being Sued Over Voter ID (they’re such b***s***/hypocrites)?
GODFATHER
UNDER FIRE AS MURDER RATE SOARS...
Chicago Mayor
Appeals to Gangsters' 'Values'...
'Don't
touch the children'...
RADIO STATION
REPORTS REP. JESSE JACKSON, JR 'ATTEMPTED SUICIDE'...
Questions
mount...
NAACP goes
wild for Eric Holder...
'O: This Will
Be My Last Political Campaign No Matter What'...
GALLUP:
APPROVE SLIPS TO 44%...
POLL: US
CHANGED FOR THE WORSE UNDER OBAMA ...
Boehner:
Voters Need Not 'Love' Romney...
Man Who
Introduced Obama At Rally Owes $500,000 To Former Employer...
'We sort of
ran out of money'...
Obama
campaign threatens donors: 'We could lose if this continues'...
Obama uses
'I' and 'me' 117 times in speech...
'Delirious'
Blood-Covered Naked Man Selling Candy Kills Motel Worker In Violent Rampage...
Man holds
knife to 3-year-old's face, threatened to cut out tongue...
Kudlow: Obama’s Goose Is Cooked...
Obama's
Social Security Number challenged...
'American
story' faces fresh scrutiny... { ‘By some
counts, The Story presents more than three-dozen instances of material
discrepancy where Dreams fails to align with the facts as Maraniss
reports them. Case in point: Maraniss confirmed that Mr. Obama's mother, Ann
Dunham, left his father, Barack Obama, Sr., a volatile bigamist, and not the
other way around, as related in Dreams. Dreams also related the
tale of Obama's paternal grandfather, Hussein Onyango, who was said to have
been detained and tortured in a prison outside Nairobi for six months because
of his brave defiance of British colonialists. But after a half-dozen
interviews and other research, Maraniss deemed the tale "unlikely." Read more: http://www.foxnews.com/politics/2012/07/04/obama-american-story-faces-fresh-scrutiny/#ixzz1zmwWPuJ5 ‘ }
Ann Romney says woman being eyed for ticket...
Obama's whole campaign strategy is 'let's kill this
guy' ( That’s no exaggeration, the predisposition of blacks toward whites; and,
wobama can’t run on his record of failure in which he’s lied and failed! ) ...
POLL: In 15 swing states, Romney leads Obama 51% to
43%...
Romney accuses Obama of 'vicious lies' on BAIN
CAPITAL...
'THE LAW I PASSED IS HERE TO STAY' {
Wobama must be back on his choom pipe fantisizin’ again! }
LAND OF THE FREE: San Diego man stranded after told on 'no-fly' list...
Midwest ranchers, lawmakers protest drone flyovers...
TWITTER shares info on gov't demands for user data...
ACLU Launches Smartphone App To Secretly Record
Police Stops...
'Homeland Security' Report Lists 'Liberty Lovers' As
Terrorists...
Cannibal Updates: Boy bitten on neck by man in 'vampire' attack...
VIDEO: Man high on synthetic 'spice' goes on naked
'ninja' rampage...
'ZOMBIE CANNIBAL': 'I'm a eat you'...
SCORN ON THE 4TH OF JULY: Chris Rock Mocks 'Happy
White Peoples Independence Day'...
TOP BLACK CHURCH BACKS HOLDER, BLASTS HOUSE...
Severed head thought to belong to Canadian cannibal's
butchered lover found in park...
Pregnant woman bites off boyfriend's fingertip...
RECORD NUMBERS OF AMERICANS ON
DISABILITY
NOW Mammoth Lakes files for bankruptcy!
Rep. Allen West: Obama Wants
Americans To 'Be His Slave'...
CHICAGOLAND: 7-Year-Old Girl Gunned Down While
Selling Lemonade Outside Home...
MCCONNELL: 'Sold to American people on a
deception'...
CURL: Gift to Romney... { This may seem somewhat counterintuitive and a
bit of a rationalization; but, it is absolutely true. So true in fact, that
wobama will come to be compared to Pyrrhus of Ephyrus (W. Greece) since
realization of what this legislation won’t do for americans and the economy and
what it actually does will not have the galvanizing effect that striking the
bill down would have had on voters who were thinking ‘another free lunch from
the government’ will save them (we all now know better, no such thing). Yes, in
somewhat European tradition, defacto bankrupt america is keeping up with the
(ie., rating agencies Egan) Joneses. After all, we all know how well this
European program model is working out for Europe (and any other nation that’s
tried it). In the final analysis, this and such programs as the contraindicated
bailouts for the unprosecuted frauds on wall street, etc., will prove to be the
‘camel-back breaking’ moment for america; and, a pyrrhic victory for the
egregiously failed president wobama. America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is utterly broke. There
are signs everywhere one looks…The government’s total indebtedness is $211 trillion’ … }
HISTORIC: HOUSE VOTES HOLDER IN CONTEMPT...
DEM HOODIED BLACKS PLUS WALK OFF FLOOR...
Pelosi botches name of slain border agent...
Adult Chimpanzee Fatally Mauls Baby Chimp at LA
Zoo...
ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took synthetic drug strangles dog,
starts eating it...
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
{ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. }
Will accept your birthday or anniversary gifts,
too...
VIDEO: Obama Trips At Campaign Event In Tampa...
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://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...
http://www.albertpeia.com/whitesvictimizedbyblacks.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...
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. ] '
·
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...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel
good about themselves having niggers around and helping niggers to help them
feel better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s
gotten to her black projects. Let them live anonomously (in disguise) with the
niggers for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an insoluble
problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the niggers, including niggerbama back to
sub-saharan africa! ]
http://www.albertpeia.com/todayspage.htm
http://albertpeia.com/todaysbusinesssummarylinks.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
http://albertpeia.com/22signsglobalrecessiondepression.htm
What in the World Has Happened to the
FBI/DOJ?
FBI Nazi
Bikers Bust FBI Nazi Group http://albertpeia.com/fbinazibikersbustfbinazibikers2.htm
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 http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
, http://albertpeia.com/archives.htm , [ THE REAL CRASH IS DEAD AHEAD AS 2008 IS FORGOTTEN Paul B. Farrell MarketWatch http://albertpeia.com/realcrashdeadahead.htm , Just Open Up Your Eyes And
Look - 65 Signs That The Economic Collapse Is Already Happening http://albertpeia.com/65signseconomiccollapsehappening.htm , One Last
Breadth: 3 Reasons to Not Trust this Market By Chad Karnes
ETFguide , Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/selfdefense.htm
[ One thing is certain from my own direct experience { The unfortunate reality is what I’ve alluded to in the context of my
own direct experience; viz., america’s ‘legal system’ is an illegal system used
to cover-up crimes, arbitrarily enforce laws to apply pressure, etc., and
essentially run by the inmates of this collective criminal entity called
america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). I believe reasonable
diligence requires self-reliance more than ever before in this nation’s
history; particularly when political correctness in some states prevents
calling a spade a spade to the substantial detriment of law enforcement! ]
Obama’s attacks on Romney belittle presidency Marketwatch {
Indeed! Come on! What can wobama say? He has but a record of abject failure to
run on! And, the record IS unequivocally
utter failure! All the choom fantasy, fellow nigger intimidation and
threats will not change that fact!
Drudgereport 10-23-12: Obama
Supporters (niggers et als) Continue Threats To Riot, Assassinate Romney... }
Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the niggers
who will use such as an excuse to do what they’re inclined/predisposed to do anyway, and in one
lawless form or another, are already doing. Prison or sub-saharan Africa are
the only places suitable for niggers. Let no man, woman, or child fall prey to
their intimidation and uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so weird?
{ Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in the
continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign trail’
littered with the cowpies of stark reality. People owe themselves and their
children more than this grifter’s con which in numbers measures more than the
increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which coincidentally
is a direct cause among others of this debacle called america’s dark obama
years. All the talk/b***s*** cannot change that reality. }http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well
done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
http://albertpeia.com/layoffsjoblossesskyrocketing.htm
http://albertpeia.com/spainbeyondsaving.htm
Debates 'diminished' Obama, says Romney "You can boil
down what he's saying to four simple words: more of the same," Romney said
today in Reno. { I’m truly astounded that after 4 years of b***s***, lies,
profligate spending for obfuscation but much vacation, and consequent
unequivocal failure, people are even listening to, much less ‘buying’ what
wobama desperately says. Not even a word from 0 is worth listening to. That
includes those who should supposedly know better. Moreover, self-respect
requires that americans reject wobama’s desperate campaign slings, arrows, and
desperate entreaties which ignore the reality of his blatant failure in large
part owing to his having failed to do as promised last ‘eternal campaign’. Then
there’s the threats and intimidation from the niggers who are like ignorant,
vicious animals in lockstep accord with
the abject and utter presidential failure obama; yet, such typical ‘clannish’
racism by blacks is virtually ignored and rational opposition to the failure
spelled ‘0’ is being cast as racist. How can any nation survive such
contraindicated insanity. I’m truly
amazed! }
Why
Greg Smith Left Goldman: Wall St. Now an 'Eat-What-You-Kill System'
Dutch court says Samsung does not infringe Apple patent [
Though contrary, american courts almost without exception and the federal
system generally, are so corrupt and lacking in credibility that they really
deserve no precedential, jurisprudential respect…and get none. From my direct
experience: One thing is certain from my own direct
experience { The unfortunate reality is what
I’ve alluded to in the context of my own direct experience; viz., america’s
‘legal system’ is an illegal system used to cover-up crimes, arbitrarily
enforce laws to apply pressure, etc., and essentially run by the inmates of
this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). ( I believe
reasonable diligence requires self-reliance more than ever before in this
nation’s history; particularly when political correctness in some states
prevents calling a spade a spade to the substantial detriment of law
enforcement! http://albertpeia.com/selfdefense.htm ) ]
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
10-25-12 Romney
signs, American flags torched in veteran's yard...
R
50% O 47%...
R
50% O 47%...
R
50% O 47%...
MI:
O 47% R 47%...
DETROIT
NEWS endorses Romney...
Wisconsin
company announces layoffs ahead of Biden arrival...
October
Sets New Record For Disability Claims: 8,803,335 Collecting Benefits...
Father
Of Slain SEAL: Obama 'Could Not Look Me In The Eye...Like Shaking Hands With
Dead Fish'...
Video snags Dem boss in vote
fraud...
Son
resigns...
'HE'S
A BULLSHITTER'... { Yes, obama is an incorrigible
b***s***ter! He’s gotten by on b***s*** and special nigger consideration his
entire life. He is a total embarrassment! } ‘Four years after he was elected as
a self-described 'hopemonger' promising a new post-partisan era, President
Barack Obama is trying to claw his way to re-election with an ugly, divisive
campaign in which he is playing the role of fearmonger-in-chief…’ { He’s a
desperate, failed megalomaniac who is also a pathological liar along with other
mental issues/troubles ( WH:
'We Decline to Comment' on When President Learned of E-Mails...
) Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done anything
of substance in his entire life. Indeed, even his so-called ‘auto-biographies’
are works of what appear to be ‘choom-gang’ induced fantasies which reveal a
psychogenic/dissociative amnesia that works well in the continuing ‘narrative’
devoid of fact on his ‘more b*** s*** campaign trail’ littered with the cowpies
of stark reality. People owe themselves and their children more than this
grifter’s con which in numbers measures more than the increased deficits of all
the presidents since President General Eisenhower combined to obfuscate his
unequivocal failure. Drudgereport: UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well
done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
http://albertpeia.com/davesdailycharts.htm
37
Facts About How Cruel This Economy Has Been To Millions Of Desperate American
Families http://albertpeia.com/37factscrueleconomydesperateamericans.htm , The Truth About
Europe… Which the Media Won’t Report
http://albertpeia.com/truthabouteumediawontreport.htm
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
This will learn him:
Moral of the story: steal $100 million
(illustratively: nobody knows what the bottom line impact of the criminal
activity was: could be more, could be less) -> spend two years in a minimum
security country club, electric golf carts included. Look for a surge in
insider trading cases with this ruling which makes risks to getting caught
trading on inside information not only acceptable, but in fact welcome. The
good news, for Jon Corzine at least, is that if the MF Global case ever gets to
the sentencing stage (it won't), his sentence would be to fly coach class for
24-48 hours.
http://albertpeia.com/selfdefense.htm
[ One thing is certain from my own direct experience { The unfortunate reality is what I’ve alluded to in the context of my
own direct experience; viz., america’s ‘legal system’ is an illegal system used
to cover-up crimes, arbitrarily enforce laws to apply pressure, etc., and essentially
run by the inmates of this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). I believe reasonable
diligence requires self-reliance more than ever before in this nation’s
history; particularly when political correctness in some states prevents
calling a spade a spade to the substantial detriment of law enforcement! ]
Obama’s attacks on Romney belittle presidency Marketwatch {
Indeed! Come on! What can wobama say? He has but a record of abject failure to
run on! And, the record IS unequivocally
utter failure! All the choom fantasy, fellow nigger intimidation and
threats will not change that fact!
Drudgereport 10-23-12: Obama
Supporters (niggers et als) Continue Threats To Riot, Assassinate Romney... }
Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed nation.
}
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“If romney wins, imma start a mf’n riot! Rns.” (SOURCE) ]
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well
done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
http://theeconomiccollapseblog.com
http://albertpeia.com/37factscrueleconomydesperateamericans.htm
http://albertpeia.com/truthabouteumediawontreport.htm
Debates 'diminished' Obama, says Romney "You can boil
down what he's saying to four simple words: more of the same," Romney said
today in Reno. { I’m truly astounded that after 4 years of b***s***, lies, profligate
spending for obfuscation but much vacation, and consequent unequivocal failure,
people are even listening to, much less ‘buying’ what wobama desperately says.
Not even a word from 0 is worth listening to. That includes those who should
supposedly know better. Moreover, self-respect requires that americans reject
wobama’s desperate campaign slings, arrows, and desperate entreaties which
ignore the reality of his blatant failure in large part owing to his having
failed to do as promised last ‘eternal campaign’. Then there’s the threats and
intimidation from the niggers who are like ignorant, vicious animals in lockstep accord with the abject
and utter presidential failure obama; yet, such typical ‘clannish’ racism by
blacks is virtually ignored and rational opposition to the failure spelled ‘0’
is being cast as racist. How can any nation survive such contraindicated
insanity. I’m truly amazed! }
Why
Greg Smith Left Goldman: Wall St. Now an 'Eat-What-You-Kill System'
Dutch court says Samsung does not infringe Apple patent [
Though contrary, american courts almost without exception and the federal
system generally, are so corrupt and lacking in credibility that they really
deserve no precedential, jurisprudential respect…and get none. From my direct
experience: One thing is certain from my own direct
experience { The unfortunate reality is what
I’ve alluded to in the context of my own direct experience; viz., america’s
‘legal system’ is an illegal system used to cover-up crimes, arbitrarily
enforce laws to apply pressure, etc., and essentially run by the inmates of
this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). ( I believe
reasonable diligence requires self-reliance more than ever before in this
nation’s history; particularly when political correctness in some states
prevents calling a spade a spade to the substantial detriment of law
enforcement! http://albertpeia.com/selfdefense.htm ) ]
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
10-24-12 O
Booed at university's Military Appreciation Day football game...
RASMUSSEN:
R 50% O 46%...
GALLUP:
R 51% O 46%...
R
50% O 46%...
R
50% O 47%...
R
49% O 48%...
R
47% O 46%...
OHIO:
R 48% O 48%...
MI:
O 47% R 47%...
Fmr
Dem Chair: CO 'Worst Swing State'...
Romney,
Ryan draw massive crowds in Colorado...
GOP
moves into Wisconsin...
Emails detail unfolding Benghazi attack on September 11th...
6:07 PM 9/11/12: 'Ansar al-Sharia Claims Responsibility'...
Obama
challenges press to find flip-flops -- and
they do...
Woodward:
President 'mistaken' on sequester...
Clint:
'Second Term Would be Rerun of First'...
Chicago
Store Owner Labeled Racist For Anti-Obama Signs...
Police:
Black Woman Lied About KKK Setting Her On Fire...
Obama
Has Massive Lead -- in Other Countries...
TRUMP
TO OBAMA: Release college, passport applications, I'll donate $5 million to
charity of choice...
Goes
bust on TWITTER...
ALLRED
MET OBAMA TWO WEEKS BEFORE 'OCTOBER SURPRISE'
ALLRED
HITS DEAD-END IN ROMNEY DIRT DIG?
2ND
HEARING SET...
SURPRISE:
Feds sue BANK OF AMERICA...
Dave’s Daily: http://www.etfdigest.com ‘THUMBS DOWN ON EARNINGS 10-23-12 Suddenly things don’t look good for bulls. Most of it is
based on poor earnings and outlooks from leading companies. .. , Pimco COO blasts financial culture Marketwatch , This
Could Be the World’s Largest, Most Toxic Banking System… http://albertpeia.com/largestmosttoxicbanksystem.htm , What
If We Adopted A System Where The Banks Did Not Create Our Money? http://albertpeia.com/systemwherebanksdontcreatemoney.htm , Romney’s Detroit op-ed jumps to NYT’ ‘Most Read’ list , New Obama ad inflates jobs claim It claims the president
created 5.2 million new jobs. The total number of jobs added is actually about
325,000. { Wobama is such a b***s***! O is a big ZERO as in 4 failed years
minus 4 more years of failure equals 0 years to go come 11-6-12 and 1-21-13!
O’s such a lying con/grifter! } , Lance
Armstrong and America’s growing culture of psychopathic liars Natural News | Lance Armstrong’s implosion
is being called an “epic downfall” by CNN.
, Eyes
Wide Shut - "We Are In A Bad Spot" ZeroHedge.com We cannot
escape the conclusion that things
remain hopelessly off track. Whatever form of 'recovery' is being sought
here simply will not arrive. The core of our views is shaped by the idea that
the very thing being sought, more economic growth (and exponential growth, at
that), is exactly the root of the problem. We suppose we would take a
similarly dim view of an alcoholic trying to drink their way back to health as
we do the increasingly interventionist central bank and associated political
policies the world over.
http://endoftheamericandream.com
http://albertpeia.com/selfdefense.htm
[ One thing is certain from my own direct experience { The unfortunate reality is what I’ve alluded to in the context of my
own direct experience; viz., america’s ‘legal system’ is an illegal system used
to cover-up crimes, arbitrarily enforce laws to apply pressure, etc., and
essentially run by the inmates of this collective criminal entity called
america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). I believe reasonable
diligence requires self-reliance more than ever before in this nation’s
history; particularly when political correctness in some states prevents
calling a spade a spade to the substantial detriment of law enforcement! ]
Obama’s attacks on Romney belittle presidency Marketwatch {
Indeed! Come on! What can wobama say? He has but a record of abject failure to
run on! And, the record IS unequivocally
utter failure! All the choom fantasy, fellow nigger intimidation and
threats will not change that fact!
Drudgereport 10-23-12: Obama
Supporters (niggers et als) Continue Threats To Riot, Assassinate Romney... }
Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well
done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
10-23-12 RASMUSSEN:
R 50% O 46%...
GALLUP:
R 51% O 46%...
POLLS:
ROMNEY TAKES LEAD IN FAVORABILITY...
VIDEO:
Romney Wins CBS Focus Group In Ohio...
STOCKS
ROCKED: DOW -200...
Obama
Supporters Continue Threats To Riot, Assassinate Romney... { Tweets Reveal Obama Supporters Fueled by ‘Racial Hatred’ Paul Joseph Watson | Chris Matthews gets it
wrong again. (Indeed he does!) }
MSNBC
crowd boos 9-year-old girl for supporting Romney... {Oooooh!
Wobamanoids are so effective in targeting the ‘opposition’!}
Son
Of WI State Senator Attacked Protecting Romney/Ryan Sign... ...
5-year-old
girl raised by monkeys... [ Come on … leave wobama’s daughters out
of this……….. my payback (Do not talk to President Romney that way!) for President
'insulted, patronized, mocked' his opponent... What can
wobama say? He has but a record of abject failure to run on! And, the record IS
unequivocally utter failure! All the choom fantasy, fellow nigger intimidation
and threats will not change that fact! ]
http://albertpeia.com/europebullionhyperinflation.htm
http://albertpeia.com/oneworldeconsystemkillsamericanjobs.htm
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
10-22-12 GALLUP
MONDAY: R 51% O 45%...
Image
of Romney crops up in Iowa farm field...
Chavez,
Castro, Putin ( among others in the ‘pro-america’ block ) endorse Obama...
ISSA
TURNS UP HEAT ON SEBELIUS...
FABER: Cut
US Govt. By 50% Now!
PAPER:
Obama's Blind Eye to Illegal Donors...
Taxes
go up in 2013 for 163 million workers...
Man
busted for throwing pennies into Dem HQ; 'All he has left after being taxed by
Obama'...
SIMON:
Should Obama Resign Tonight?
International (pro-obama) monitors to watch US elections...
Obama
Campaign Borrows $15M from Bank of America...
Gov't
Foreign Debt Now $47,495 Per Household...
$10,090/Household Owed to China...
{ Nigger Terrorist at Work Mass
Shooting At Brookfield Square Mall In Wisconsin Submitted
by Tyler Durden on 10/21/2012 Breaking news
of a mass shooting at the Azana
Salon and Spa at the Brookfield Square Mall. Details still scarce but at
least 4 people reported wounded and 3 more patients expected, emergency
responders are on the ground, and the mall has been put on lockdown. The
shooting suspect, who is said to have used a machine gun, is still at large.
Updates via @USEmergAlerts:
BROOKFIELD SQUARE | U/D SUSP BLACK MALE
6'1" 270 LBS. BALD. BROWN EYES U/D BPD RQST A MILWAUKEE SWAT TEAM & FLIGHT
FOR LIFE IS ALSO LANDING AT THE NE CORNER OF BROOKFIELD SQUARE | UEA555 }
Son
Of WI State Senator Attacked Protecting Romney/Ryan Sign... ...
Spain’s
Back In Crisis Mode… And Will Take The EU Down With It http://albertpeia.com/spainbackincrisismode.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
This
Is Why, To An Economist, QE Refuses To Work ZeroHedge.com { A very important point/reference is made here
infra regarding the reality of ‘grant’ (bribe) money which is why academics are, though
contraindicated in terms of reality and 4 years of failure, backing obama in
lock-step legion. Truly pathetic and indicative of decline! True desperation! }
There is practical, everyday common sense... and then there is economics.
Because when it comes to explaining why a square peg won't fit into a round hole,
only an economist will tell you, over and over, that it will eventually happen, one must just tweak the theory a
little first, and then reality will promptly follow. And while even economists
have enough of a frontal lobe (and realize there is little grant money) to
pursue intractable pegs and hole problems, when it comes to the theory at the
heart of their beloved Keynesian voodoo religion, namely Quantitative Easing,
the answer is always one, and it is very simple: we need more! Yet even economists are not naive enough to not
recognize that QE has not worked in any of its 4 previous iterations
(logically, as if it had there would be no need for a fifth, open-ended one).
Where it gets fun is watching them come up with amusing yet convoluted,
involved and outright demented explanations, some even in chart format, why QE
keeps on failing. Below, we present just such a graphic explanation which only
an economist could love, or care about ,
This
Is The Housing Bubble Beneath The "Recovery" We want to 'believe', we really do; but
anyone with any sense (and no skin in the game) can see through the data; the eon-like
periods of foreclosure and the drastically reduced supply. No matter how
'bullish' homebuilders are, or how much they dream of a future pickup, calling
the recovery (as Bob
Shiller recently noted) is just a fool's errand. The truth is, for the
average citizen, housing is not recovering - the wealth effect is not creating
animal spirits - and we do indeed have more to fear than fear itself. The
following 79 second clip from Bloomberg TV should perhaps clarify the 'difference' in demand for housing. Primary
residence 'buyers' are down remarkably, while 'investors' are up dramatically - now at pre-crisis bubble levels! Perhaps, as
we noted here, Och-Ziff's stepping away from the 'flip-that-house' or
'REO-to-Rental' game is as good an indicator of exuberance as any. , Spain's
Regional Bailout Fund: A Drop In A Bucket Of Insolvency , Bill
Gross Warns "Very Likely' Central Banks Will Cause 1987-Like Crash
The failed banana republic/welfare
state of california, for wobama with eyes closed, a
corruption/fraud/crime-ridden state desperate to help 4 year failure obama by
whatever fraudulent/corrupt means:
‘…Business Insider's Henry Blodget claiming that
"Well, we're glad to say that we've finally gotten to the bottom of what
happened" and that the state in question is none other than California
(supposedly as opposed to Illinois to shut up those wacky conspiracy
theorists). Turns out the site known best for its slideshow presentations
(which will soon double down as advertisements)
may have once again fibbed just a little, following an official demand by none
other than California state Employment Development Department direct, Pam Harris
(the typical lying nigger), that BI retract its article. To wit: "Reports
that California failed to fully report data to the U.S. Department of Labor, as
required, are incorrect and irresponsible... It’s unfortunate this ‘reporter’
and others who repeated the article’s erroneous statements chose to speculate
rather than report, failing to confirm this information with EDD." Sure
enough, the 'reporter' in question replied, and it appears that Business
Insider is better informed than California when it comes to matters such as
these, and has refused to retract…’
http://www.marketwatch.com/story/ignore-volatile-jobless-data-hiring-still-slow-2012-10-18
‘…The
culprit: California. The nation’s most populous state appears to have shown a
smaller number of claims than usual two weeks ago. The seeming shortfall was
probably made up for in the most recent data. Since California is the state
with the highest number of overall claims, it can have a big influence on the
weekly U.S. report. The number of people who apply for benefits each week in
the Golden State is roughly equal to New York, Texas and Illinois combined. A
message left with the employment development department of California wasn’t
immediately returned…’
What can you expect from
niggers...0! The niggerization of caifornia:
10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
What Do California And Detroit
Have In Common? (Hint: niggers, etc.) http://albertpeia.com/californiadetroitdeclineincommon.htm { Not to be confused with the baseball
Tigers: Congratulations on their pennant win! Go Big Cats! }, Failed Wobama model illustrated: 16 Reasons
To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm Pro 0 New York’s not much better with their trillion dollar wall street
frauds/drain.
http://theeconomiccollapseblog.com
http://albertpeia.com/55factsaboutusdebtfinancesvotersshouldknow.htm
Microsoft earnings fall ahead of slate of releases { There
should be no surprise here … microsoft word/windows 2000 professional … that’s
it … all downhill thereafter … newer op systems are invariably unstable
regardless of the amount of ram or processor (ie., AMD/Intel). Terrible!
Pathetic! Horrible! What can you expect from a failed government protected
monopoly. }
http://endoftheamericandream.com
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
]
Farrakhan warns forces
trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND: For second
time, grandmother learns a grandson is shot to death...
5 dead, 25
wounded over weekend... { Just another day in niggerland! }
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-19-12 REALCLEAR
MAP: Romney takes first lead in electoral college...
Closing
26-point gap, Romney's favorability rating tops Obama's for first time...
PA
SHOCK POLL: R 49% O 45%...
VA:
R 50% O 47%...
FL:
R 51% O 46%...
GALLUP:
R 51% O 45% (10-19-12)...
Lifetime
Democrat Lee Iacocca Endorses Romney...
Jesse
Jackson Jr. may return to Mayo Clinic...
Off
campaign trail since June, checks still paid to wife's consulting firm...
Has
spent $110,000 since Rep dropped off...
CHICAGOLAND:
Pack of Teen Girls Arrested For Armed Robbery...
WELFARE
SOARS 32% IN 4 YEARS...
Now
costs $1,030,000,000,000...
Jobless
claims rise most in 4 months...
Obama DOES Have Investments In Cayman Islands Trust...
... and has a bigger pension than Romney!
Under
president, for every $7 brought in by gov't, $11 spent...
REALCLEAR
MAP: Romney takes first lead in electoral college...
{ Any state that President Romney
doesn’t carry is going to suffer! }
OH:
O 49% R 48%...
MI:
O 44% R 41%...
WI:
R 49% O 48%...
R closes 11-point gap in just two weeks...
O
Brags About His Appeal Among Toddlers (sure…them among other young people who
don’t understand how big a failure 0 is and how substantially he’s screwed them
and the nation for years to come!)...
OBAMA
ON COMEDY CENTRAL: 'WHEN FOUR AMERICANS GET KILLED, IT'S NOT OPTIMAL'
[ 0’s such a joker/failure/joke! ]
Violent
crime jumps 18%, first rise in nearly 20 years...
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
The failed banana
republic/welfare state of california, for wobama with eyes closed, a
corruption/fraud/crime-ridden state desperate to help 4 year failure obama by
whatever fraudulent/corrupt means:
‘…Business Insider's Henry Blodget claiming that
"Well, we're glad to say that we've finally gotten to the bottom of what
happened" and that the state in question is none other than California
(supposedly as opposed to Illinois to shut up those wacky conspiracy
theorists). Turns out the site known best for its slideshow presentations
(which will soon double down as advertisements)
may have once again fibbed just a little, following an official demand by none
other than California state Employment Development Department direct, Pam
Harris (the typical lying nigger), that BI retract its article. To wit:
"Reports that California failed to fully report data to the U.S.
Department of Labor, as required, are incorrect and irresponsible... It’s
unfortunate this ‘reporter’ and others who repeated the article’s erroneous
statements chose to speculate rather than report, failing to confirm this
information with EDD." Sure enough, the 'reporter' in question replied,
and it appears that Business Insider is better informed than California when it
comes to matters such as these, and has refused to retract…’
http://www.marketwatch.com/story/ignore-volatile-jobless-data-hiring-still-slow-2012-10-18
‘…The
culprit: California. The nation’s most populous state appears to have shown a
smaller number of claims than usual two weeks ago. The seeming shortfall was
probably made up for in the most recent data. Since California is the state
with the highest number of overall claims, it can have a big influence on the
weekly U.S. report. The number of people who apply for benefits each week in
the Golden State is roughly equal to New York, Texas and Illinois combined. A
message left with the employment development department of California wasn’t
immediately returned…’
What can you expect from
niggers...0! The niggerization of caifornia:
10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
What Do California And Detroit
Have In Common? (Hint: niggers, etc.) http://albertpeia.com/californiadetroitdeclineincommon.htm { Not to be confused with the baseball
Tigers: Congratulations on their pennant win! Go Big Cats! }, Failed Wobama model illustrated: 16 Reasons
To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm Pro 0 New York’s not much better with their trillion dollar wall street
frauds/drain.
http://albertpeia.com/55factsaboutusdebtfinancesvotersshouldknow.htm
Microsoft earnings fall ahead of slate of releases { There
should be no surprise here … microsoft word/windows 2000 professional … that’s
it … all downhill thereafter … newer op systems are invariably unstable
regardless of the amount of ram or processor (ie., AMD/Intel). Terrible!
Pathetic! Horrible! What can you expect from a failed government protected
monopoly. }
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to
stand up to the uncivilized terrorist niggers by giving the deserved boot to an
egregiously failed president obama who has proven himself to be a typical
jive-talking b***s*** nigger himself! Or, are americans going to cower in fear
of the nigger threats and prove to the world they are but cowards of a failed
nation. }
New
Threats to Riot if Obama Loses Election...
[ The threats alone are a reason sufficient for backing President
Romney. If left unchecked, the nigger terrorists will be even further
emboldened to their already egregious criminal, terroristic ways. No man,
woman, or child will be safe if the lethal black cancer grows. The 4 years of O
have been complete, utter failure and no amount of wobama b***s*** and nigger
intimidation can change that fact! Quite simply, niggers are inherently
criminal terrorists: Examples of what people are saying include the
following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
]
Farrakhan
warns forces trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND:
For second time, grandmother learns a grandson is shot to death...
5 dead, 25 wounded over weekend... { Just another day in niggerland! }
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-18-12 GALLUP: R 52% O 45%...
WELFARE SOARS 32% IN 4
YEARS...
Now costs
$1,030,000,000,000...
Jobless claims rise most in 4
months...
Obama DOES Have
Investments In Cayman Islands Trust...
... and has a
bigger pension than Romney!
Under president, for every $7
brought in by gov't, $11 spent...
REALCLEAR MAP: Romney takes
first lead in electoral college...
{ Any state that President
Romney doesn’t carry is going to suffer! }
OH: O 49% R 48%...
MI: O 44% R 41%...
WI: R 49% O 48%...
R closes
11-point gap in just two weeks...
O Brags About His Appeal
Among Toddlers (sure…them among other young people who don’t understand how big
a failure 0 is and how substantially he’s screwed them and the nation for years
to come!)...
OBAMA ON COMEDY CENTRAL:
'WHEN FOUR AMERICANS GET KILLED, IT'S NOT OPTIMAL' [ 0’s such a
joker/failure/joke! ]
Violent crime jumps 18%,
first rise in nearly 20 years...
DICK MORRIS: Romney won the
second debate...
Threats to Assassinate
Republican Romney Explode on TWITTER After Debate...
REPORT: White House
contradicts president's statement on Benghazi terror attack...
Despite Pledge of Open
Government, Obama Prosecuting Whistle-Blowers as Spies...
'When I Was President'... { Indeed, past tense for O and more than a
Freudian slip as he heralds in new President Romney, writing on the wall though
noit his teleprompter!
CAUGHT ON TAPE: Michelle O
Broke Rules, Clapped During Debate...
'On Nov. 7, We're Going to
Party Hard'...
U of Colorado Study: 77% likelihood Romney wins popular
vote...
Record High Enrollment for
Food Stamps: 46,681,833...
FOURNIER: Verdict
Uncertain...
TREAT: Candy gives Obama 9%
more time...
TRICK: Candy 'Throws the
Flag'...
CANDYLAND: Romney was 'right
in the main' on Benghazi, but 'picked the wrong word'...
Another debacle for America's
media...
Reporters applaud Obama's
slam on Romney's wealth...
Pelley: 'Most Rancorous
Debate In History'...
'Nauesating'...
Reporters Get Drunk at
Debate...
LUNTZ GROUP: BIG SWING...
A
Frank Luntz focus group made up mostly of former Obama voters say they now
support Mitt Romney.
"Forceful, compassionate, presidential," one participant said.
"Confident and realistic," said another.
"Presidential," another told Luntz.
"Enthusiastic," another reacted.
"Our next president," one man said.
"Dynamo, winner," said one more.
"He's lied about everything. He lied to get elected in 2008, that's why I
voted for him. I bought his bull. And he's lied about everything, he hasn't
come through on anything. And he's been bullshitting the public," one
member of the focus group said.
Farrakhan's Fiery New Warning
to USA: 'Every Plague Written in Koran is Going to Come to Pass'...
{ farrakhan’s really only talking about (all plagues rolled into) one plague;
viz., the plague of the nigger which is extant despoliation wherever the
niggers are, in the worst sense! Yes,
they are the other, more nefarious black plague! }
Violent crime rises
sharply... ‘6:53PM EDT
October 17. 2012 - WASHINGTON — The violent crime rate went up 17% last
year, ending a general decline in violence that began nearly 20 years ago,
according to a new federal survey of crime victims.The Justice Department's
National Crime Victimization Survey also found an 11% increase in the rate of
property crimes, including household burglaries and car theft.’ { Come on!
Perenially understated, these understated crime numbers don’t even take into
account ‘protected/unprosecuted’ wall street frauds/crimes in the trillions.
And, how about those fed paper bucks that ‘fell off the fed trucks’ even just
recently; kind of like those 360 tons of $100 bills ($12 billion) flown into
Iraq that just ‘disappeared into thin air, etc.. }
Driver Doesn't Stop For 8
Blocks As Men ( two niggers ) Viciously Beat Woman On Public Bus...
Greece faces anti-austerity
shutdown as EU meets...
'In depression'...
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done anything
of substance in his entire life. Indeed, even his so-called ‘auto-biographies’
are works of what appear to be ‘choom-gang’ induced fantasies which reveal a
psychogenic/dissociative amnesia that works well in the continuing ‘narrative’
devoid of fact on his ‘more b*** s*** campaign trail’ littered with the cowpies
of stark reality. People owe themselves and their children more than this
grifter’s con which in numbers measures more than the increased deficits of all
the presidents since President General Eisenhower combined to obfuscate his
unequivocal failure. Drudgereport: UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
Dave’s Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU 10-11-12 You can
almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data
was released…’
Jack
Welch: I Was Right About That Strange Jobs Report
WSJ |
The 7.8% unemployment figure released by the BLS last week is downright
implausible.
- The US Labor market noted that one
state accounted for the entire drop.
…
Al
Peia (posted to
Yahoo News) What large
state? Nobody seems to care. That state's going to pay for the
scam/fraud/corruption. What state?!
10-18-12 Eureka-The failed obama welfare state, banana republic California!
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re inclined/predisposed
to do anyway, and in one lawless form or another, are already doing. Prison or
sub-saharan Africa are the only places suitable for niggers. Let no man, woman,
or child fall prey to their intimidation and uncivilized violence. 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 }
]
Farrakhan warns forces
trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND: For second
time, grandmother learns a grandson is shot to death...
5 dead, 25
wounded over weekend... { Just another day in niggerland! }
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-17-12 GALLUP:
R 51% O 45%
DICK
MORRIS: Romney won the second debate...
Threats
to Assassinate Republican Romney Explode on TWITTER After Debate...
REPORT:
White House contradicts president's statement on Benghazi terror attack...
Despite
Pledge of Open Government, Obama Prosecuting Whistle-Blowers as Spies...
'When
I Was President'... {
Indeed, past tense for O and more than a Freudian slip as he heralds in new
President Romney, writing on the wall though noit his teleprompter!
CAUGHT
ON TAPE: Michelle O Broke Rules, Clapped During Debate...
'On
Nov. 7, We're Going to Party Hard'...
U of
Colorado Study: 77% likelihood Romney wins popular vote...
Record
High Enrollment for Food Stamps: 46,681,833...
FOURNIER:
Verdict Uncertain...
TREAT:
Candy gives Obama 9% more time...
TRICK:
Candy 'Throws the Flag'...
CANDYLAND:
Romney was 'right in the main' on Benghazi, but 'picked the wrong word'...
Another
debacle for America's media...
Reporters
applaud Obama's slam on Romney's wealth...
Pelley:
'Most Rancorous Debate In History'...
'Nauesating'...
Reporters
Get Drunk at Debate...
LUNTZ
GROUP: BIG SWING...
A
Frank Luntz focus group made up mostly of former Obama voters say they now
support Mitt Romney.
"Forceful, compassionate, presidential," one participant said.
"Confident and realistic," said another.
"Presidential," another told Luntz.
"Enthusiastic," another reacted.
"Our next president," one man said.
"Dynamo, winner," said one more.
"He's lied about everything. He lied to get elected in 2008, that's why I
voted for him. I bought his bull. And he's lied about everything, he hasn't
come through on anything. And he's been bullshitting the public," one
member of the focus group said.
Farrakhan's
Fiery New Warning to USA: 'Every Plague Written in Koran is Going to Come to
Pass'... { farrakhan’s really only talking about (all plagues rolled
into) one plague; viz., the plague of the nigger which is extant despoliation
wherever the niggers are, in the worst sense!
Yes, they are the other, more nefarious black plague! }
Violent
crime rises sharply... ‘6:53PM EDT October 17. 2012 - WASHINGTON
— The violent crime rate went up 17% last year, ending a general decline in
violence that began nearly 20 years ago, according to a new federal survey of
crime victims.The Justice Department's National Crime Victimization Survey also
found an 11% increase in the rate of property crimes, including household
burglaries and car theft.’ { Come on! Perenially understated, these understated
crime numbers don’t even take into account ‘protected/unprosecuted’ wall street
frauds/crimes in the trillions. And, how about those fed paper bucks that ‘fell
off the fed trucks’ even just recently; kind of like those 360 tons of $100
bills ($12 billion) flown into Iraq that just ‘disappeared into thin air, etc..
}
Driver
Doesn't Stop For 8 Blocks As Men ( two niggers ) Viciously Beat Woman On Public
Bus...
Greece
faces anti-austerity shutdown as EU meets...
'In
depression'...
The
Last Days Of America? 25 Signs Of Extreme Social Decay http://albertpeia.com/lastdaysofamerica.htm , Waiting On November 6th http://albertpeia.com/waitingforgodoe.htm , Why
Intel Better Not Be Economic Bellwether This Time Around ZeroHedge.com , Destroying
The Myths Of Bernanke's Brave New World Of QEtc.
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
Dave’s Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU 10-11-12 You can
almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data
was released…’
Jack
Welch: I Was Right About That Strange Jobs Report
WSJ |
The 7.8% unemployment figure released by the BLS last week is downright
implausible.
- The US Labor market noted that one
state accounted for the entire drop.
…
Al
Peia (posted to
Yahoo News) What large
state? Nobody seems to care. That state's going to pay for the
scam/fraud/corruption. What state?!
Guest
Post: The Future of America Is Japan: Stagnation
http://albertpeia.com/globalfoodreservesdown.htm
http://albertpeia.com/americanfoodfeces.htm
China
Continues To Boycott Treasurys As Japan Prepares To Become Largest Foreign
Holder Of US Paper
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
The
Curious Case Of Debate-Day Stock Market Surges ,
Why
A Balanced Budget Is Impossible In America
, Why
Intel Better Not Be Economic Bellwether This Time Around ZeroHedge.com ‘..the semiconductor manufacturer saw even more
weakness in Q4..’ , 21
Signs That The Global Economic Crisis Is About To Go To A Whole New Level http://albertpeia.com/21signsglobaleconomiccrisisabouttogetmuchworse.htm
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left unchecked,
the nigger terrorists will be even further emboldened to their already
egregious criminal, terroristic ways. No man, woman, or child will be safe if
the lethal black cancer grows. The 4 years of O have been complete, utter
failure and no amount of wobama b***s*** and nigger intimidation can change
that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
]
Farrakhan warns forces
trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND: For second
time, grandmother learns a grandson is shot to death...
5 dead, 25
wounded over weekend... { Just another day in niggerland! }
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-16-12 GALLUP: R 50% O 46%
GALLUP:
WOMEN TURNING AWAY (from MO O)...
'Stunning
He's ( obama) in Politics, Because He
Really Doesn't Like People'...
TONIGHT'S
DEBATE 'DO OR DIE' FOR OBAMA...
Questioners
Face $4,492 Tax Increase Next Year...
BUCK STOPS WITH ME: HILLARY TAKES BLAME...
Pins
confusion on 'fog of war'...
Hillary
Clinton to Obama in 2008: 'The Buck Stops In The Oval Office'...
Dem
Political Signs Scaring Away Customers in VA...
Camp
O attacks GALLUP again...
Jesse
Jackson Jr. Speaks: 'Not well'...
Thought
he was 'reincarnated chariot driver'...
Battery
maker with $249 million in taxpayer cash goes bankrupt...
CEO
touted 'green jobs' in Rose Garden...
STATE DEPT: Negotiations to keep troops in Afghanistan past 2014...
FLASHBACK:
Biden: 'We are leaving in 2014. Period'...
GOV'T
STUDY CONFIRMS 'GAYDAR' EXISTS, 60% ACCURATE... http://albertpeia.com/governmentwaste.htm
Coburn
calls Senate cohorts biggest waste in government...
GALLUP:
WOMEN TURNING AWAY { A new USA TODAY/Gallup Poll of the
Swing States shows Mitt Romney with a lead among likely voters as he
strengthens his standing with women in the nation's top battlegrounds. }
21
Signs That The Global Economic Crisis Is About To Go To A Whole New Level http://albertpeia.com/21signsglobaleconomiccrisisabouttogetmuchworse.htm , Greece
Is Not Poor - It Actually Has Massive Uptapped Reserves Of Gold, Oil And
Natural Gas http://albertpeia.com/greeceyuntappedwealth.htm
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced fantasies
which reveal a psychogenic/dissociative amnesia that works well in the
continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign trail’
littered with the cowpies of stark reality. People owe themselves and their
children more than this grifter’s con which in numbers measures more than the
increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
Dave’s Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU 10-11-12 You can
almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data
was released…’
Jack
Welch: I Was Right About That Strange Jobs Report
WSJ |
The 7.8% unemployment figure released by the BLS last week is downright
implausible.
- The US Labor market noted that one
state accounted for the entire drop.
…
Al
Peia (posted to
Yahoo News) What large
state? Nobody seems to care. That state's going to pay for the
scam/fraud/corruption. What state?!
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
US
CEOs Opine On America's Debt And The Fiscal Cliff , NYSE
Short Interest Drops To 5 Month Low
{ Though somewhat counter-intuitive, this is actually a bearish
indicator. }
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/21signsglobaleconomiccrisisabouttogetmuchworse.htm
‘The global debt crisis has reached a dangerous new
phase. Unfortunately, most Americans are not taking notice of it yet
because most of the action is taking place overseas, and because U.S. financial
markets are riding high. But just because the global economic crisis is
unfolding at the pace of a "slow-motion train wreck" right now does
not mean that it isn't incredibly dangerous. As I have written about previously, the economic collapse is not going to be a
single event. Yes, there will be days when the Dow drops by more than 500
points. Yes, there will be days when the reporters on CNBC appear to be
hyperventilating. But mostly there will be days of quiet despair as the
global economic system slides even further toward oblivion. And right now
things are clearly getting worse. Things in Greece are much worse than
they were six months ago. Things in Spain are much worse than they were
six months ago. The same thing could be said for Italy, France, Japan,
Argentina and a whole bunch of other nations. The entire global economy
is slowing down, and we are entering a time period that is going to be
incredibly painful for everyone. At the moment, the U.S. is still
experiencing a "sugar high" from unprecedented fiscal and monetary
stimulus, but when that "sugar high" wears off the hangover will be
excruciating. Reckless borrowing, spending and money printing has bought
us a brief period of "economic stability", but our foolish financial
decisions will also make our eventual collapse far worse than it might have
been. So don't think for a second that the U.S. will somehow escape the
coming global economic crisis. The truth is that before this is all over
we will be seen as one of the primary causes of the crisis.
The
following are 21 signs that the global economic crisis is about to go to a
whole new level....
·
#1 Bank of Israel Governor Stanley Fischer says that
the global economy is "awfully close" to recession.
·
#2 It was announced last week that the unemployment
rate in Greece has reached an all-time high of 25.1 percent. Unemployment among those 24 years old
or younger is now more than 54 percent.
Back in April 2010, the unemployment rate in Greece was only sitting at 11.8
percent.
#3 to #21
http://theeconomiccollapseblog.com
http://albertpeia.com/greeceyuntappedwealth.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-15-12 GALLUP:
WOMEN TURNING AWAY { A new USA TODAY/Gallup Poll of the Swing
States shows Mitt Romney with a lead among likely voters as he strengthens his
standing with women in the nation's top battlegrounds. }
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of
what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting
himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY ! …. Mannnn
OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected?
#Riot in the streets!!” (SOURCE)
“If Romney becomes president let’s all start
a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot!
Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re inclined/predisposed
to do anyway, and in one lawless form or another, are already doing. Prison or
sub-saharan Africa are the only places suitable for niggers. Let no man, woman,
or child fall prey to their intimidation and uncivilized violence. 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 }
]
Farrakhan warns forces
trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND: For second
time, grandmother learns a grandson is shot to death...
5 dead, 25
wounded over weekend... { Just another day in niggerland! }
Catholic
Bishops Slam Biden Remarks...
REPORT:
GM has lost $6.5 billion overseas since bailout...
Pelosi
claims she read entire 2700 page Obamacare bill... { Riiiiight! And,
just as Woody Allen quipped about having read War and Peace at (Evelyn Wood?)
break-neck speed-reading pace, ‘it was about Russia’, so too can incompetent
flake, not-too-bright pelosi say, it was about healthcare. }
Arlen
Specter dies... { I’m glad he’s dead! He was a truly corrupt kike,
going all the way back to the warren (fiction) commission to the present. He’s
helped cause a lot of damage to this country! }
Shot
Fired Through Window at Obama Campaign Office in Denver...
Will
The Election Results Cause Riots?
WIRE:
Do black people support Obama because he's black? { Do bears s**t in
the woods? Is the Pope Catholic? Come on! Everybody knows that’s the case; and,
surprisingly, those self-destructive losers who are white et als supporters of
obama, in light of obama’s demonstrated 4 years of failure, must be doing so
this time around for no other reason as well. How totally tragic and pathetic
at once! }
Presidency
'has not helped cause'...
VIDEO:
Dems joke they'll get enough votes to win -- even a couple of days late!
CAMPAIGN FREAKOUT!
OBAMA LOCK UNDER 10
STATES
As Election Day nears, Romney crowds
are surging...
Geithner defends (indefensible) O as
deficit again tops $1 trillion...
China's yuan hits record high against
dollar...
BIG BANK SCORES RECORD PROFIT!
Fed Money Pumped It Up...
WYNN: My Employees 'Filled With
Anxieties These Days'...
'Every Business Guy I Know Is
Frightened Of Barack Obama'...
Biden claims he voted AGAINST two
wars he voted FOR...
Dave’s Daily: http://www.etfdigest.com ‘OCTOBER DATA REMAINS QUESTIONED 10-12-12 It’s hard to accept a lot of the data being released lately.
Once trust in the data is lost investors will sour on releases for a longer
period than you might expect. This began last week Friday with the release of
the employment report. Yes, Jack Welch jumped on it as not credible and
political. He was dismissed as an old crank. But the data still remained
counterintuitive to most. Then came Jobless Claims Thursday recklessly released
by the Bureau of Labor Statistics (BLS) when it was incomplete.
Bear market may begin Tuesday
{ We are in a secular bear market (foolishly) obfuscated by fiat paper currency
creation/printing! } , Did Bernanke Bluff About QE3? http://albertpeia.com/bernankebluff.htm
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
Dave’s Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU 10-11-12 You can
almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data
was released…’
Jack
Welch: I Was Right About That Strange Jobs Report
WSJ |
The 7.8% unemployment figure released by the BLS last week is downright
implausible.
- The US Labor market noted that one
state accounted for the entire drop.
- It is the first week of the quarter which historically adds volatility,
especially with expectations of a seasonal adjustment.
- Extended benefits rose (+13,802) in the latest week due to the state of NY
returning to the program starting Sept 9th.
Update details:
- Although initial upside was seen in
US stock futures, most of the move has since been pared as attention paid to
these factors.
Al
Peia • (posted to
Yahoo News) What large
state? Nobody seems to care. That state's going to pay for the
scam/fraud/corruption. What state?!
http://albertpeia.com/allfornaught.htm
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings
That A Massive Stock Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American
Media Drums Up Support for War … Again Posted by:
George Washington Post date: 09/28/2012 - Israel Versus Iran: What’s REALLY Going On …Will
Israel Blow Up Something and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012 - Will Israel Launch a False Flag Against Iran
to Start War? { Yeah … what if
they started a war and nobody else came.
After all, israel will always do what’s good for israel and israelis,
everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
1.4
BILLION Spent On The Obamas In 2012 – British Taxpayers Only Spent 57.8 Million
On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/allfornaught.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-12-12 CAMPAIGN FREAKOUT!
OBAMA LOCK UNDER 10
STATES
As Election Day nears, Romney crowds
are surging...
Geithner defends (indefensible) O as
deficit again tops $1 trillion...
China's yuan hits record high against
dollar...
BIG BANK SCORES RECORD PROFIT!
Fed Money Pumped It Up...
WYNN: My Employees 'Filled With
Anxieties These Days'...
'Every Business Guy I Know Is
Frightened Of Barack Obama'...
Biden claims he voted AGAINST two
wars he voted FOR...
REPORT: 'Fast and Furious'
Whistleblower Fired in DENNY's Parking Lot...
PAPER: Feds now probing suspicious
activity in Rep. Jesse Jackson Jr. finances...
UPDATE: Hezbollah drone may have been
sent to monitor Israel's nuclear facility...
Shot Fired Through Window at Obama
Campaign Office in Denver...
Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity in every calamity and not
vice versa. Indeed, President Romney’s election based upon american people’s
survival instincts and an awakening from the wobama b***s*** slumber of decline
will provide the opportunity to incarcerate the niggers who will use such as an
excuse to do what they’re inclined/predisposed to do anyway, and in one lawless
form or another, are already doing. Prison or sub-saharan Africa are the only
places suitable for niggers. Let no man, woman, or child fall prey to their
intimidation and uncivilized violence! 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 }
Former Aide to Armstrong Talks of
Doping... [ ‘…In short order, however, it became
clear to Ms. O’Reilly that her tasks with the team would hardly be limited to
kneading leg muscles and doing laundry. In an interview this week, Ms. O’Reilly
said she became a regular player in the team’s doping program, one that
investigators have charged took on its most sinister and far-reaching
dimensions with the arrival of Lance Armstrong in 1998. Ms. O’Reilly, then not
yet 30, said she wound up transporting doping material across borders,
disposing of drugs and syringes when the authorities were lurking, and
distributing performance-enhancing substances to the team’s riders whenever
they needed them…’ ] Teammates turn on Armstrong... 26 testify... { So much for the atheist armstrong; what a
total fraud! Kind of like that other armstrong american fraud; the late, but
not great, moony armstrong! }
FLORIDA: R 51% 0 44%...
Biden, Ryan at each other on everything...
TENSE...
CNN POLL: R 48% B 44%...
Chris Wallace: I've never seen a candidate as
disrespectful as Biden...
Borger: Came Off As Condescending...
Hume: 'Cranky Old Man'...
Noonan:
'The old man pushed, and the kid pushed back'...
Biden Interrupted Ryan 82 Times?
RNC AD: THE LAUGHTER...
REALCLEAR MAP SHOWS SHIFT...
OOPS: 'One large state didn't report some quarterly
figures'...
SURPRISE: Jobless claims plunge...
Officials don't ID mystery state...
Biden contradicts State Department on Benghazi security...
Romney meets with Rev. Billy Graham...
'I'll do all I can to help you'...
Hungarian-born billionaire buys airtime to warn against
socialism...
Carlos Slim, World's Richest Man, Gets Richer Supplying
'Obamaphones' To Poor...
Dave’s
Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU
10-11-12 You can almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data was released. The data (339K vs
370K expected & prior, as usual, revised higher to 369K from 370K) was
later explained by the BLS as a problem with “one large state didn’t report additional quarterly figures as expected,
accounting for a substantial part of the decrease”. Well that
will do it., Marketwatch: Florida
poll shows Romney leading Obama by 7 points ,
FOX: Stocks: More decay is on the
way In times like these, a medium-term speculator's prey is usually
found in the more-speculative climes of the market, i.e. Nasdaq titles. , Poll: Romney leads Obama in
Florida by 7 points
1.4 BILLION Spent On The Obamas In 2012 – British
Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
Obama's Lucky Charms: A Hindu
God In His Pocket, A Masonic Emblem, And A Ring That Says "There Is No God
Except Allah" http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and their
children more than this grifter’s con which in numbers measures more than the
increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE: Obama gives himself an
'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
Dave’s Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU 10-11-12 You can
almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data
was released…’
Jack Welch: I Was Right About
That Strange Jobs Report
WSJ |
The 7.8% unemployment figure released by the BLS last week is downright
implausible.
- The US Labor market noted that one
state accounted for the entire drop.
- It is the first week of the quarter which historically adds volatility,
especially with expectations of a seasonal adjustment.
- Extended benefits rose (+13,802) in the latest week due to the state of NY
returning to the program starting Sept 9th.
Update details:
- Although initial upside was seen in
US stock futures, most of the move has since been pared as attention paid to
these factors.
Al Peia • (posted to
Yahoo News) What large
state? Nobody seems to care. That state's going to pay for the
scam/fraud/corruption. What state?!
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
…
The
election is nearly four weeks away, and many Obama supporters are already
threatening to riot if Obama loses. The following are some very
disturbing messages that were posted on Twitter recently that have been
reposted on Twitchy.com....
"If Romney
wins I'm Starting a Riot....Who's WIT ME???"
"I
Hope The USA Is Well Aware That If In The Event This Character Romney Wins The
Election, The People Will Start A Country Wide Riot! #Power"
"If
Romney is elected president, its gon be a riot its gon be a riot."
"If
ROMNEY GETS IN THE WHITE HOUSE ...U MIGHT AS WELL KILL ME NOW .....CAUSE ITS
GONNA BE A ************ RIOT !!!"
"If
Romney became President and took away welfare Downtown Cincinnati would become
a riot"
"If
Romney takes away food stamps 2 Chainzz in this bit IMMA START A RIOT"
"If
Romney wins. (which i highly doubt) THERE WILL BE A RIOT—"
The
following are a few more tweets that I found which threaten a potential riot if
Obama loses the election....
From @joecools_world....
"Need
2 come up wit a game plan if Romney win.... Riot all thru Newark"
From @killacate....
"I
swear on everything I love if Romney wins ima riot. I don't even care if its
just me."
Romney
supporters are not really threatening to riot, but many of them are proclaiming
that they may leave the country if Obama wins. Here are some examples....
From @BrentskiTheBoss....
"If
Obama gets reelected I may leave the country"
From @AbbieFickes....
"im
sorry but if obama were to win again, i might as well leave the country and
live in zimbabwe" … ( Do us all a favor … go and take your black bros/sisses with you! )
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-11-12 FLORIDA: R 51% 0 44%...
Biden, Ryan at each other on everything...
TENSE...
CNN POLL: R 48% B 44%...
Chris Wallace: I've never seen a candidate as
disrespectful as Biden...
Borger: Came Off As Condescending...
Hume: 'Cranky Old Man'...
Noonan:
'The old man pushed, and the kid pushed back'...
Biden Interrupted Ryan 82 Times?
RNC AD: THE LAUGHTER...
REALCLEAR MAP SHOWS SHIFT...
OOPS: 'One large state didn't report some quarterly
figures'...
SURPRISE: Jobless claims plunge...
Officials don't ID mystery state...
Biden contradicts State Department on Benghazi security...
Romney meets with Rev. Billy Graham...
'I'll do all I can to help you'...
Hungarian-born billionaire buys airtime to warn against
socialism...
Carlos Slim, World's Richest Man, Gets Richer Supplying
'Obamaphones' To Poor...
UNSUSTAINABLE
http://albertpeia.com/unsustainable.htm ,
Marketwatch: Euro
erases gains after Spain downgraded S&P
cuts Spain's rating to one notch above junk ,
FOX: Playing games with pensions Public
pensions are severely underfunded, threatening the retirements of government
workers and taxpayer wallets
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
Food Inflation To Surge,
Goldman Warns
ZeroHedge.com
Jack Welch: I Was Right About
That Strange Jobs Report
WSJ |
The 7.8% unemployment figure released by the BLS last week is downright
implausible.
Goldman Sachs ‘in bid to
change’ Volcker rule
AFP |
Goldman Sachs is seeking changes to the Volcker rule, which keeps banks from
speculative trades in their own accounts.
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/unsustainable.htm
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-10-12 R 49% O 44%
CAN HE GET THEM BACK?
10-11-12: Ryan prepares to take on Biden...
70 million watched VP debate in '08...
Commission dismisses Raddatz-Obama connection...
Conflict of interest?
Obama Defends Debate Performance: 'I Was Just Too Choomed
Out, Nothing to Say'...
Campaign tries to quell panic...
Dems frustrated by 'Big Bird' turn...
Unions struggle to help...
Jack Welch: I Was Right About That Strange Jobs Report...
Ohio Obama Rally Features Rap Rendition of 'Sesame Street'
Theme Song...
ROMNEY:
'You have to scratch your head when president spends week talking about 'Big
Bird''... { Indeed! But, don’t scratch too hard;
after all, what else can he talk about? He can’t talk about his record of unequivocal failure. He can’t talk about broken campaign promises (that would take
ages). And, he can’t talk about solutions
to the nation’s problems … because he has none which he has proven in 4 wasted,
failed years. Moreover, wobama’s absolutely clueless as
to what to do to solve the nation’s substantial problems, some caused/exacerbated by his
own incompetence and failure. }
Mother of Slain State Dept. Official Tired of Being Lied
To and Stonewalled by Obama Administration...
Spain Downgraded to One Level Above Junk...
PAGLIA: FORGET OBAMA, I'M GOING GREEN PARTY...
REPORT: 'Most sophisticated, professionalized and
successful doping program that sport has ever seen'...
Teammates turn on Armstrong...
26 testify...
{ So much for the atheist armstrong; what a total fraud! Kind of like
that other armstrong american fraud; the late, but not great, moony armstrong!
}
CEO explains memo threatening layoffs if Obama
re-elected...
FEDEX to cut thousands from workforce...
FACEBOOK Fought SEC to Keep Mobile Risks Hidden Before IPO
Crash...
STATE DEPT SPINS NEW TALE ON BENGHAZI ATTACK...
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
28 Good Questions That The
Mainstream Media Should Be Asking
http://albertpeia.com/28questionsmainstreammediashouldbeasking.htm , S&P:
Q3 downgrades far outpace upgrades Marketwatch , Wall
Street should shrink , pay smaller bonuses Marketwatch
, U.S.
stocks finish lower on earnings anxiety, IMF Marketwatch , Uncle Sam Prepares To Unleash
Up To 30,000 Drones Over America For "Public Safety" Zerohedge.com , The ECB-Driven Toxic Debt Loop
At The Heart Of Europe's Misery
, Guest Post: The Unstimulus
Bill Gross' Advice To Asset
Managers: "Turn Lead To Gold" At least he did not say Tungsten...Gross: Stock and bond managers today must be alchemists:
turn lead into gold. NOT likely. Too much lead (bubbled assets). , Charts Of The Day: 111 Years
Of Federal Tax And Spending , Everything You Need To Know
About Resolving The Fiscal Cliff But Were Afraid To Ask , Global Growth Reality Hits As
Cummins Cuts Guidance And 1500 Jobs
, Jack Welch Terminates Contract
With Reuters, Fortune In Aftermath Of Infamous Tweet , Guest Post: NFIB - Small
Businesses Don't Agree With BLS
Since the release of the most recent BLS Employment Situation Report,
which showed an astounding drop in the unemployment rate, we have spent a good
bit of time dissecting the release and discussing why the real unemployment
rate is really between 17% and 22%
Mysterious Algorithm Was 4% of
Trading Activity Last Week
Goldman Issues Strong Sell On
Obama As Firm Refuses To Vote With Its Wallet
From Zero Interest Rate To Zero Retirement: How The Fed Doomed Elderly Americans To Endless Work
IMF warns global economic
slowdown deepens, prods U.S., Europe
A Second Greek Man On ‘The
Lagarde List’ Has Been Found Dead
Medicaid Fraud in the Billions
http://albertpeia.com/19numbersusturningfromchristianity.htm
Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
http://albertpeia.com/28questionsmainstreammediashouldbeasking.htm
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
10-9-12 POLL: Romney leads in 11 swing
states...
Takes lead in OH...
PA, WI, MI close...
Biden Has Not Sat for On-Camera
Nation TV Interview in 5 Months...
CEO Threatens to Fire Employees If
President Is Reelected, Raises Taxes...
Chain Cuts Workers' Hours over
Obamacare...
Steve Wynn Slams Obama: 'I'll Be
Damned If I Want To Have Him Lecture Me'...
Ohio Obama Rally Features Rap
Rendition of 'Sesame Street' Theme Song...
ROMNEY: 'You have to scratch your
head when president spends week talking about saving 'Big Bird''...
PANIC: Romney signs in VA defaced,
stolen and smeared with excrement...
VIDEO...**WARNING: GRAPHIC
LANGUAGE**
GALLUP: 5-POINT ROMNEY BOUNCE...
PEW: 18-point shift among women...
POLL: Romney leads among independents 51-35...
'Enthusiasm' gap 13-point spread for Republican...
R closes gap in Michigan...
R 49% O 47%
University of Colorado: Updated
election forecasting model still points to Romney win...
PAPER: Why Obama's campaign is
falling apart...
SULLIVAN: SOS OBAMA
VEGAS REVIEW JOURNAL ENDORSES
ROMNEY...
Romney casts Obama's foreign policy as weak, dangerous...
MILITARY TIMES POLL: R 66% O 26%...
BOUNCE: R 49% O 47%
8-point shift for Romney in Colorado...
Romney raises $12 million in 48 hours...
OBAMA RAISES $181 MILLION IN SEPT -- JUST 2% OF DONATIONS
REPORTABLE...
Super PAC Donor on Obama: 'Looks Like He Took My Million
and Spent it All on Weed'...
TEAM OBAMA BLAMES JOHN KERRY FOR DEBATE LOSS...
Man Tells Obama: Business 'Terrible Since You Got Here'...
NH voter: ‘O Couldn't run a lemonade stand'...
SNOOP DOGG TWEETS 10 REASONS NOT TO VOTE FOR ROMNEY...
'He a white
n****'...
'Bitch I
will beat the sh** out of you'...
Police Union Warns 'War-Like' (nigger-town) Detroit Unsafe
For Visitors...
Hands Out Flyers: 'ENTER AT YOUR OWN RISK'...
GAS PRICES SET RECORD IN CA
Filling stations across state run out, shut down...
'What are they doing to us?'
Obama fundraiser with Katy Perry to snarl traffic...
REPORT:
Intelligence officials accuse administration of 'cover-up' in Libya...
WHITE HOUSE POINTS FINGERS...
Email Shows State Dept. Rejecting Request of Security Team
at Embassy...
34 security personnel pulled in 6 months before attack...
Boy writes letter to editor after shelter kills cat...
'Grown-ups killed my kitty'... To the editor: My name is Rayden. I am 8 years old and I live in Logan.
Yesterday grown-ups killed my kitty, my best friend, when they weren’t supposed
to. Because I really don’t know how to write, my PaPa is writing down the
things I think and say. My kitty’s name is Toothless. When I got him I had just seen “How to
Train a Dragon” at the movies. My kitty looked just like the dragon
Toothless with big green eyes and the hair around his head. Toothless, my cat,
has long fluffy hair and sleeps on my bed and loved to play with my brother and
me. Toothless would let us carry him around all the time. He was our best
friend. Last week he didn’t come in at night. Sometimes he does that, but this
time he didn’t come back. After two days my little brother Devin,
who is 5, and I went to every house on our street and asked everyone if they
had seen Toothless our cat. Everyone said no. We were worried and scared
something was wrong. On Wednesday after work my dad went to the animal
shelter as it was closing. They didn’t want to let him in, but they did. He asked if there
was a cat with long black fluffy hair there. They let my dad in to look at the
cages, and there was Toothless! He was curled up laying in the back of the cage
very scared. When my dad made his funny meow sound that he does to make him
come home, Toothless jumped up and came to the screen and rubbed up against it
and was so happy to see my dad, and he wasn’t scared anymore. My dad wanted to take him
home, but they said he had to go to another office building and pay a fee. The
lady at the shelter said it would be OK and told him to come back the next day
and we could get Toothless. When my dad came home and told my little brother
and me he found Toothless we were so happy and we weren’t scarred or
worried anymore. My dad went back the next day to get our kitty and they
told him they didn’t have any long-haired black cats. They only had a
white fluffy cat. My dad waited a long time for the lady to come back and talk
to him. The same lady that told my dad to come back the next day said she was
sorry. She had forgotten to leave a note to tell the people my dad would be
there for Toothless and they had just killed my cat that morning. She had just
forgotten to write a note to save a member of my family. They killed him and I
don’t know
why. My dad found out where he had been picked up and it was our neighbors
down the street that don’t like cats and dogs. They had caught him in a trap
and gave him to the police to take him away. When Devin and I knocked on their
door and asked if they had seen Toothless they told us no, and that was a lie.
My dad and mom tell me and Devin not to lie and that is right. I didn’t think big
people lied because they are grown ups and know what is right. Now I don’t know what
to do. My cat Toothless is dead; the people that killed him didn’t even give
him to my dad so we could bury him. What do I do now? Rayden Sazama Logan Editor’s note: Cache Humane Society Director Brenda Smith
confirmed Rayden’s story that an animal shelter worker forgot to leave
a note to halt euthanization of the Sazamas cat. { The shelter/city should be sued and the employees involved
should be fired for cause! }
BOUNCE IN POLLS:
R PULLS AHEAD IN VA...
R +3 IN FL...
R +3 IN OH among those 'certain' to
vote...
REALLY! 7.8%
Total employment 'highest one-month
jump in 29 years'...
Welch: President manipulating numbers
after debate performance...
BLS economists donate to Obama
campaign?
Rate Plummets to 4.3% -- For Govt
Workers...
Report met with suspicion...
ROMNEY: Rate more like 11%...
OBAMA: Can't turn back now...
SEPT. EMPLOYMENT: +114,000...
Aug. number revised to +142,000 --
from +96,000...
Welch: Obama manipulating numbers
after debate performance...
{ There are some people (and their assessments) that you might dismiss
as light-weight partisans… Jack Welch is not one of them! Indeed, among the
rarest breed historically of exceptional american CEO’s, Welch points to the
folly of preposterously a month before elections, on paltry/pathetic jobs
numbers ( election year temp/part-time for manipulating stats along with the
nebulous ‘stopped looking’ fudge factor) , following a disasterous debate
showing (of wobama failure and incompetence), the unemployment rate falls to
just below the ‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is
tantamount to the obama 100% employment fantasy where literally everyone but
him has stopped looking for work and hence, not counted in compiling the
unemployment rate (and then those jobs in the millions lost and gone forever on
his watch - what a banana republic!). Come on, wake up!: JACK WELCH: OBAMA IS
MANIPULATING THE JOBS NUMBERS BECAUSE HIS DEBATE PERFORMANCE WAS
AWFUL…UNBELIEVABLE JOBS NUMBERS…THESE CHICAGO GUYS WILL DO ANYTHING…CAN’T
DEBATE SO CHANGE NUMBERS. }
The Largest Economy In The
World Is Imploding Right In Front Of Our Eyes http://albertpeia.com/largesteconomyimploding.htm , MF cuts
2012, 2013 global growth forecasts Marketwatch , The Inflation Rate Is A Lie
Too http://albertpeia.com/inflationrateisalietoo.htm
Is China an economic miracle,
or one massive Government-Sponsored fraud? http://albertpeia.com/chinamiraclegovernmentfraud.htm , Spain: How One Country Could
Take Down the Entire EU Banking System http://albertpeia.com/spaincouldbringdowneubanksystem.htm
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
Police: "Enter
(niggertown) Detroit (and niggertown chicago) At Your Own Risk (and any other
towns where there are niggers in abundance) " http://albertpeia.com/detroitdeathsdoor.htm
Romney
leads by four points in post-debate survey
Drudgereport: GALLUP: 5-POINT ROMNEY BOUNCE...
PEW: 18-point shift among women...
POLL: Romney leads among independents 51-35...
R closes gap in Michigan...
University of Colorado: Updated
election forecasting model still points to Romney win...
Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
http://albertpeia.com/largesteconomyimploding.htm
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/inflationrateisalietoo.htm
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-8-12 GALLUP: 5-POINT ROMNEY BOUNCE...
PEW: 18-point shift among women...
POLL: Romney leads among independents
51-35...
'Enthusiasm' gap 13-point spread for
Republican...
R closes gap in Michigan...
R 49% O 47%
University of Colorado: Updated
election forecasting model still points to Romney win...
Read more: http://www.businessinsider.com/jack-welch-obama-jobs-report-numbers-romney-2012-10#ixzz28QfCZ67d
JACK WELCH: Obama Is
Manipulating The Jobs Numbers Because His Debate Performance Was Awful
Business
Insider | Former GE CEO Jack Welch’s reaction to non-farm payrolls adding 114,000 new
jobs in September and the unemployment rate falling to 7.8 percent. Welch: Obama manipulating numbers after debate
performance... { There are
some people (and their assessments) that you might dismiss as light-weight
partisans… Jack Welch is not one of them! Indeed, among the rarest breed
historically of exceptional american CEO’s, Welch points to the folly of
preposterously a month before elections, on paltry/pathetic jobs numbers (
election year temp/part-time for manipulating stats along with the nebulous
‘stopped looking’ fudge factor) , following a disasterous debate showing (of
wobama failure and incompetence), the unemployment rate falls to just below the
‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is tantamount to
the obama 100% employment fantasy where literally everyone but him has stopped
looking for work and hence, not counted in compiling the unemployment rate (and
then those jobs in the millions lost and gone forever on his watch - what a
banana republic!). Come on, wake up!: JACK WELCH: OBAMA IS MANIPULATING THE JOBS NUMBERS BECAUSE HIS
DEBATE PERFORMANCE WAS AWFUL…UNBELIEVABLE JOBS NUMBERS…THESE
CHICAGO GUYS WILL DO ANYTHING…CAN’T DEBATE
SO CHANGE NUMBERS. }
Zero Hedge | We already noted the absolutely stunning
surge in reported Household Survey jobs which “added” 873,000 jobs.
After the
debate debacle for Obama, we’ll find out if we have a race
Obama mocks Romney as ‘getting tough on Big
Bird’ { Wow! Great point O. I bet that point wasn’t
even teleprompted; strictly your own. Now people know why america’s going down
so fast and furious! } Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... { Wow!
The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality.
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
After the
debate debacle for Obama, we’ll find out if we have a race
Obama mocks Romney as ‘getting tough on Big
Bird’ { Wow! Great point O. I bet that point wasn’t
even teleprompted; strictly your own. Now people know why america’s going down
so fast and furious! } Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... { Wow!
The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you
don’t have to love Romney but you at least have to like yourself in saying
‘NO!’ to more wobama b***s*** which is all that he is. Have some self-respect.
His grade is unequivocally ‘F’ for failure, having failed to do as promised
which coincidentally is a direct cause among others of this debacle called
america’s dark obama years. All the talk/b***s*** cannot change that
reality. Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White House on weak jobs
report: Don’t ‘read too much’ into it Olivier
Knox, Yahoo! News {
Riiiiight! Sounds like a plan! After all, wobama’s gotten’ by on b***s*** and
‘special consideration’ alone, never having done anything of substance in his
entire life. Indeed, even his so-called ‘auto-biographies’ are works of what
appear to be ‘choom-gang’ induced fantasies which reveal a
psychogenic/dissociative amnesia that works well in the continuing ‘narrative’
devoid of fact on his ‘more b*** s*** campaign trail’ littered with the cowpies
of stark reality. People owe themselves and their children more than this
grifter’s con which in numbers measures more than the increased deficits of all
the presidents since President General Eisenhower combined to obfuscate his
unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are broken
campaign promises, now insurmountable record deficit spending exceeding all the
presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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://albertpeia.com/whichcurrencythecomingdollarreplacement.htm
Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
http://albertpeia.com/catsareamazing.htm
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of in
excess of 200 illegal, undeclared nukes. }
The following is a sampling of skeptical quotes about this jobs report....
Former
GE chief Jack Welch
Unbelievable
jobs numbers..these Chicago guys will do anything..can't debate so change
numbers
Chapwood
Capital Investment Management Managing Partner Ed Butowsky
I
feel like I’m watching a movie. There is no way in the world these numbers are
accurate.
Neil Irwin of the
Washington Post
"Weird
that payrolls are exactly on forecast but household survey is far better."
Conn Carroll, senior
editorial writer for the Washington Examiner
While
it is highly improbable that BLS conspired to cook the books, there is still a
huge 756,000 job gap between the number of jobs employers told the Labor
Department they created in September (114k), and the number of Americans who
told the labor department that they got new jobs (873k).
U.S.
Representative Allen West
I
agree with former GE CEO Jack Welch, Chicago style politics is at work here.
Somehow by manipulation of data we are all of a sudden below 8 percent
unemployment, a month from the Presidential election. This is Orwellian to say
the least and representative of Saul Alinsky tactics from the book "Rules
for Radicals"- a must read for all who want to know how the left
strategize . Trust the Obama administration? Sure, and the spontaneous reaction
to a video caused the death of our Ambassador......and pigs fly.
Gluskin
Sheff's David Rosenberg
That
the 7.8 percent jobless rate takes it to the level that prevailed when the
President took office in January 2009 has raised many an eyebrow. I don't
believe in conspiracy theories. But I don't believe in the Household Survey
either.
This
notoriously volatile indicator has become even more so in recent months. It
showed a 195K slide in July and a 119K decline in August, to only then reveal a
massive 873K surge in September.
Radio
host Laura Ingraham
"Jobs
#s from Labor Secretary Hilda Solis are total pro-Obama propaganda--labor force
participation rate at 30-yr low. Abysmal!"
Americans for Limited Government
"Either
the Federal Reserve, which has its fingers on the pulse of every element of the
economy, and the Bureau of Labor Statistics manufacturing survey report are
grievously wrong or the number used to calculate the unemployment rate are
wrong, or worse manipulated. Given that these numbers conveniently meet Obama's
campaign promises one month before the election, the conclusions are
obvious."
Rick Santelli
of CNBC
"I
told you they'd get it under 8 percent — they did! You can let America decide
how they got there!"
Of course the backlash in the media
against skepticism of the jobs report has been very forceful.
Already, those that are doubtful of the
legitimacy of the jobs report are being called "truthers" - as if
there is something wrong with wanting to know the truth.
Sadly, that is how things work these
days. If you don't like the viewpoint that some people are expressing,
you just label them "conspiracy theorists".
And when someone is labeled a
"conspiracy theorist", that is code for "that person is so crazy
that you should not listen to anything they say".
But the truth is that we live in a
world where often people do things that they are not supposed to be doing.
When something rather strange happens,
it is not wrong to investigate and try to figure out what is going on.
And this jobs report seems very, very
odd.
It sure does seem rather strange
that the household survey is showing almost 8 times as many jobs created as the
employer survey does.
It sure does seem rather strange
that 873,000 more Americans were working in September (the largest increase in
29 years) after decreases in both July and August.
It sure does seem rather strange
that the unemployment rate dropped under 8 percent at the exact moment when
Barack Obama needed it the most…’
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-5-12 BOUNCE IN POLLS:
R PULLS AHEAD IN VA...
R +3 IN FL...
R +3 IN OH among those 'certain' to vote...
REALLY! 7.8%
Total employment 'highest one-month jump in 29 years'...
Welch: President manipulating numbers after debate
performance...
BLS economists donate to Obama campaign?
Rate Plummets to 4.3% -- For Govt Workers...
Report met with suspicion...
ROMNEY: Rate more like 11%...
OBAMA: Can't turn back now...
SEPT. EMPLOYMENT: +114,000...
Aug. number revised to +142,000 -- from +96,000...
Welch: Obama manipulating numbers after debate performance... { There are some people (and their
assessments) that you might dismiss as light-weight partisans… Jack Welch is
not one of them! Indeed, among the rarest breed historically of exceptional
american CEO’s, Welch points to the folly of preposterously a month before
elections, on paltry/pathetic jobs numbers ( election year temp/part-time for
manipulating stats along with the nebulous ‘stopped looking’ fudge factor) ,
following a disasterous debate showing (of wobama failure and incompetence),
the unemployment rate falls to just below the ‘superstitious’ 8.0. If you’re a
fool, you’ll buy into what is tantamount to the obama 100% employment fantasy
where literally everyone but him has stopped looking for work and hence, not
counted in compiling the unemployment rate (and then those jobs in the millions
lost and gone forever on his watch - what a banana republic!). Come on, wake
up!: JACK WELCH: OBAMA IS MANIPULATING THE JOBS
NUMBERS BECAUSE HIS DEBATE PERFORMANCE WAS AWFUL…UNBELIEVABLE
JOBS NUMBERS…THESE CHICAGO GUYS WILL DO ANYTHING…CAN’T DEBATE
SO CHANGE NUMBERS. }
O NO: CLINT WAS RIGHT!
Leno: 'Only Person Who Didn't Tune In Was Obama'...
Campaign aides 'shell-shocked'...
Man Tells Obama: Business 'Terrible Since You Got Here'...
NH voter: 'Couldn't run a lemonade stand'...
Deficit Tops $1 Trillion for 4th Year...
California Refiners Ration Gasoline...
L.A. stations run out, close pumps...
Gas Prices Likely to Rise Through Election...
SKYFALL
RATTLED, O GOES ON ATTACK...
BUCHANAN: Romney: Best debate performance in 52 years...
John Sununu calls Obama 'lazy and detached'...
FLASHBACK:
'There's a laziness in me'... { Of course O’s lazy…niggers are
lazy…that’s just the way they are…don’t blame the niggers, they were born that
way! And, what about the audacity of wobama the b for b***s*** talking about
specific plans by President Romney when wobama’s ‘plans’ last b***s***
campaign, from war (continued) to prosecutions of the big wall street frauds
(none) to cutting the deficit (actually increased in record fashion), etc.,
etc. were meaningless b***s*** when measured by what he did (zero)….Just like a
nigger! When are people going to awaken to the reality that obama’s just total
b***s*** without the slightest clue as to how to achieve results through
work/performance, and is too lazy to really care! }
Was Obama rattled by developing donor scandal story?
BIDEN: 'Yes, We Do' ...
Keept away from press...
AARP to President: Don't mention us again...
67 MILLION: RATINGS JUMP FOR DEBATE...
15 million more than '08...
Left-Wing Websites Reject Obama Ads, Say Campaign
Undercutting Them By Working With GOOGLEAOL...
Harry Reid makes up quotes in another attack on Romney...
NYT: 'President Xanax'...
Lost, bewildered without teleprompter...
Gas prices in CA hit record highs...
Supply shortages shut pumps...
After the
debate debacle for Obama, we’ll find out if we have a race
Obama mocks Romney as ‘getting tough on Big
Bird’ { Wow! Great point O. I bet that point wasn’t
even teleprompted; strictly your own. Now people know why america’s going down
so fast and furious! } Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... { Wow!
The audacity! The unmitigated gall! This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. Did wobama expect that these things
would in choom fashion magically come to fruition while he was ‘workin on his
tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality.
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
After the
debate debacle for Obama, we’ll find out if we have a race
Obama mocks Romney as ‘getting tough on Big
Bird’ { Wow! Great point O. I bet that point wasn’t
even teleprompted; strictly your own. Now people know why america’s going down
so fast and furious! } Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... { Wow!
The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you
don’t have to love Romney but you at least have to like yourself in saying
‘NO!’ to more wobama b***s*** which is all that he is. Have some self-respect.
His grade is unequivocally ‘F’ for failure, having failed to do as promised
which coincidentally is a direct cause among others of this debacle called
america’s dark obama years. All the talk/b***s*** cannot change that
reality. Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White House on weak jobs
report: Don’t ‘read too much’ into it Olivier
Knox, Yahoo! News {
Riiiiight! Sounds like a plan! After all, wobama’s gotten’ by on b***s*** and
‘special consideration’ alone, never having done anything of substance in his entire
life. Indeed, even his so-called ‘auto-biographies’ are works of what appear to
be ‘choom-gang’ induced fantasies which reveal a psychogenic/dissociative
amnesia that works well in the continuing ‘narrative’ devoid of fact on his
‘more b*** s*** campaign trail’ littered with the cowpies of stark reality.
People owe themselves and their children more than this grifter’s con which in
numbers measures more than the increased deficits of all the presidents since
President General Eisenhower combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects prospective
earnings over a 3-5 year horizon, and the quality of the earnings along macro
economic factors which are affected by ‘political considerations’. Does anyone
remember the honorable Ross Perot who warned of NAFTA’s effect on american jobs
even as the democrat administration et als were hell-bent on passing same?
Should Romney have breached his legal duty to shareholders and invested in
companies with poor earnings prospects? After all, in the financial / security
analysis step of projecting the income statement, prospective labor costs
figure prominently in the bottomline. In sum, Romney took conditions as he
found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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!
Marc Faber & Jim Rogers On
Our "Clueless, Ignorant, Dangerous" Leaders ZeroHedge.com While the discussions between
these two legends varied from Phat Phong nightlife to Dow 30,000, and from
China bullishness to AAPL bearishness, it was the conversation about the
actions of Bernanke, and more importantly our political leaders that summed up
perfectly the dreadful reality in which we find ourselves. The punchline: "It is very dangerous to have ignorant people believing that they
know something." { Yes! I
absolutely believe that this ‘punchline’ is both important and accurate but
extends far beyond the realm of ‘political leaders’! } , Artemis Capital "Modern
Financial Markets Are A Game Of Impossible Objects" { I’d say more simply that they’re just
insanely criminal and require complete ablution by severe, substantial and
numerous prosecutions, incarcerations, fines, and disgorgement of the
ubiquitous fruits of their fraudulently criminal labor. There has never been as
now such a total divorcement from all principles of finance/economics in favor
of fraud at every level of society as facilitated by modern technologies
invariably put to bad use in furtherance of the debilitating frauds. }
Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
China To Challenge US Dollar
Reserve Currency Status
Gold
Core | China is actively taking steps to phase out the US dollar.
U.S. Added More Debt Monday
Than From 1776 Through Pearl Harbor
CNS
News | The federal government added $93,245,605,914.16 to its debt on Oct. 1,
the first day of fiscal 2013.
http://albertpeia.com/catsareamazing.htm
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-4-12 SKYFALL
RATTLED, O GOES ON ATTACK...
BUCHANAN: Romney: Best debate performance in 52 years...
John Sununu calls Obama 'lazy and detached'...
FLASHBACK:
'There's a laziness in me'... { Of course O’s lazy…niggers are
lazy…that’s just the way they are…don’t blame the niggers, they were born that
way! And, what about the audacity of wobama the b for b***s*** talking about
specific plans by President Romney when wobama’s ‘plans’ last b***s***
campaign, from war (continued) to prosecutions of the big wall street frauds
(none) to cutting the deficit (actually increased in record fashion), etc.,
etc. were meaningless b***s*** when measured by what he did (zero)….Just like a
nigger! When are people going to awaken to the reality that obama’s just total
b***s*** without the slightest clue as to how to achieve results through
work/performance, and is too lazy to really care! }
Was Obama rattled by developing donor scandal story?
BIDEN: 'Yes, We Do' ...
Keept away from press...
AARP to President: Don't mention us again...
67 MILLION: RATINGS JUMP FOR DEBATE...
15 million more than '08...
Left-Wing Websites Reject Obama Ads, Say Campaign
Undercutting Them By Working With GOOGLEAOL...
Harry Reid makes up quotes in another attack on Romney...
NYT: 'President Xanax'...
Lost, bewildered without teleprompter...
Gas prices in CA hit record highs...
Supply shortages shut pumps...
ROUND WON: Romney Seized Offense in
Debate...
You Were Fighting For Obamacare, Not
Jobs...
'The Path We’re Taking Is Not
Working'...
FOURNIER: Cursed Obama Falls...
MSNBC MATTHEWS: 'What Was He Doing!'
Cutter takes swipe at Lehrer...
Carville: 'Romney came with a
chainsaw'...
Andrew Sullivan: 'This was a
disaster'...
UH O
Lost, bewildered without
teleprompter...
CNN POLL: Romney Annihilates...
Van Jones: 'Was Able To 'Out-Obama
Obama'...
LEFT TURNS ON O...
CA gas prices set to spike...
Man beaten, robbed -- inside grocery
store!
Another sex scandal rocks Detroit...{
Was she the sex lackey of Detroit Blacky? …'The chief of police exceeded his
professional status,' David Robinson said. }
NATIONAL JOURNAL SHOCK POLL: R 47% O 47%...
BIDEN: Middle class has been 'buried' during Obama's
presidency...
New Model to Predict Unemployment Sees Rate at 8.1%...
POLL: Doctors choose Romney...
DENVER BRONCOS John Elway Endorses
Romney...
Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm , Dave’s
Daily: http://www.etfdigest.com ‘PATIENCE IS THE OPERATIVE WORD 10-3-12 You really have to be careful now. Bernanke’s high wire act has no
guarantee of success. At the same time it’s worked before to drive up stock prices. This seems to be
what his main objective is and confirmed as it were by Bloomberg.
But how many times can you go to the well with this stuff? That’s the question. Stocks are
trying to rise and are dueling with poor economic data from China and the
eurozone not to mention what should be poor upcoming earnings
news.Hewlett-Packard (HPQ) warned today earnings as the overall PC business is
in trouble with weak demand.Economic data from the U.S. included ISM Services
data (55.1 vs 53.5 expected & prior 53.7). Comically the person responsible
(Nieves) at ISM said “hard to
pinpoint the reason for the gain in the index.” Embedded within the data were higher prices paid and the
employment component weakened (51.5 vs prior 53.8). The usually unreliable ADP
Employment Report rose (162K vs 140K expected & prior revised lower to 189K
vs 201K). Investors found the data overall less than thrilling but let’s face it QE3 rules for
now.Thursday is Jobless Claims again and then Friday’s all-important Employment
Report. Also we’ll see what
impact if any the first presidential debate provided.
In commodity markets oil
(USO) plunged, not so much on inventory issues as was feared, but more about
future demand prospects. (Crude Oil Inventories -.5M BBLs vs -2.4M BBLs
previously) doesn’t mean there’s a build in inventories particularly.In other
news it was reported that Chelsea Clinton has
left her job on Wall Street { Difficult to imagine with bill and hill her
endowing (genetically) parents, but I personally think she is a good person and
couldn’t possibly imagine wall street as a suitable place for her; even to get
‘her feet wet’. } to search for more
meaning in her no doubt wretched life. Me? I’m more interested in Monica
Lewinsky’s forthcoming tell all. Yeah, I’m feeling like a rascal today…’ , Fed's Latest Easing Has Little Impact -- Out of
Bullets (As Predicted By Many, including Graham Summers, all of whom among
others assert the severe inflationary impact of the misguided over-printing/creating/fiat currency and ‘weimar
effect’)? Marketwatch Headlines for 10-3 http://albertpeia.com/marketwatchheads10312.htm
Obama Contract Slides On
InTrade ZeroHedge.com .. reaction is not favorable for the
incumbent…’ , First Obama vs Romney
Presidential Debate - Live Webcast
, ‘…the first of many presidential debates will begin, whose ultimate
goal will be to validate in the minds of those 47% or so (aka
the very loud minority) who intend to vote for the next president, that they
have made the right choice. They haven't (for the reason, or rather 16,171,037,343,409 reasons, see here: neither
candidate {now} can do anything at all to prevent the debt crisis iceberg
that America is careening into full speed, and which nobody {I did!} could have
foreseen). ..
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
4 Years After TARP - Winners,
Losers, Bubbles, And Troubles
, Fed Confused Reality Doesn't
Conform To Its Economic Models, Shocked Its Models Predict "Explosive
Inflation" , Complete Fed Failure: Retail
Investors Pull Out Most From Domestic Equity Funds In Two Months Just as we had suspected for months,
Bernanke's attempt to herd cats and to drive retail investors into equities is
now a complete and unmitigated catastrophe.
Guest Post: It's Not America
Anymore Those who rally behind the modern concept
of America rally behind a façade — an empty
shell devoid of the heart and soul that gave life to this once great
experiment. It is time for us to decide what kind of Americans we wish to be:
the deluded rah-rah puppets of a desiccated totalitarian society, or the
watchmen on the wall. Will we
be the keepers and protectors of the vital core of the American identity, or
will we be fly-by-night consumers of the flavor-of-the-day political carnival,
eating every tainted sample from the elitist platter in an insane attempt to
replace our free heritage with a sleek, sexy, rehashed form of top-down
feudalism?
http://albertpeia.com/catsareamazing.htm
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/christianspatriotsobamasterrorists.htm
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-3-12 ROUND WON: Romney Seized Offense in
Debate...
You Were Fighting For Obamacare, Not
Jobs...
'The Path We’re Taking Is Not
Working'...
FOURNIER: Cursed Obama Falls...
MSNBC MATTHEWS: 'What Was He Doing!'
Cutter takes swipe at Lehrer...
Carville: 'Romney came with a
chainsaw'...
Andrew Sullivan: 'This was a disaster'...
UH O
Lost, bewildered without
teleprompter...
CNN POLL: Romney Annihilates...
Van Jones: 'Was Able To 'Out-Obama
Obama'...
LEFT TURNS ON O...
CA gas prices set to spike...
Man beaten, robbed -- inside grocery
store!
Another sex scandal rocks Detroit...{
Was she the sex lackey of Detroit Blacky? …'The chief of police exceeded his
professional status,' David Robinson said. } 'He's breached the trust of the
department.'Godbee and Bing have been assailed by officers in recent weeks over
a 10 percent pay cut and implementation of 12-hour workdays to help cut
millions of dollars from the police budget. Officers complain the cuts and new
work rules are too much to take in a city with one of the highest violent crime
rates in the country. The 287 murders committed through Sept. 23 in
Detroit are 26 more than at the same point last year’Read more: http://www.dailymail.co.uk/news/article-2212064/Detroit-police-chief-suspended-affair-officer-tweeted-photo-gun-mouth-seeing-else.html#ixzz28JFPKs4U
NATIONAL JOURNAL SHOCK POLL: R 47% O 47%...
BIDEN: Middle class has been 'buried' during Obama's
presidency...
New Model to Predict Unemployment Sees Rate at 8.1%...
POLL: Doctors choose Romney...
DENVER BRONCOS John Elway Endorses
Romney...
CNN poll magically tightens as
calendar turns...
PAPER: Obama will need all the luck
that he can get...
RYAN: We Are Seeing Obama's Foreign
Policy 'Unravel on Our TV Screens'...
'Holder must go' over Fast and
Furious...
Hundreds line up for $1.84 gas in
Michigan in Anti-Obama Stunt...
2012 DEBT SURPASSES 2011...
Huge tax increase looms at year-end
'fiscal cliff'...
Jobs Outlook Weak as Companies
Reporting Cost Cuts...
Americans May Be Getting
Poorer, But At Least We Are Getting Fatter And Sicker http://albertpeia.com/americanspoorerfattersicker.htm , The Last Housing Crash Is Not
Even Over But Bernanke Is Already Setting The Stage For The Next One http://albertpeia.com/bernankesnexthousingcrash.htm , Why You Should Be VERY Afraid of Inflation http://albertpeia.com/fearthebighyperinflationcoming.htm
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
The ECB – EUR22 Trillion Is
Missing Zero Hedge | Think
of it; twenty-two trillion dollars worth of assets and liabilities and accounted
for nowhere.
Via
Mark J. Grant, author of Out of the Box,
The
ECB: The Missing Assets/Liabilities
“To
treat your facts with imagination is one thing, but to imagine your facts is
another.”
-John
Burroughs
Yesterday I published the
assets/liabilities of the European Central Bank as provided by them. I provided
some analysis that I thought was relevant as I also asked all of you to look at
the numbers yourself. To be quite open; I was stunned by the data they provided
and shocked by the implications. I had not seen the data in any other source or
commented about by anyone and the subject, while admittedly complex, and
perhaps made more complex by design, is a huge wake-up call for anyone
investing in Europe.
The
ECB lists, as of the end of the 1st quarter of 2012, 16.304 trillion Euros ($
21.032 trillion) in assets and 17.334 trillion Euros ($22.631 trillion) in
liabilities. It is right there in black and white as I showed in
the ECB provided data that I presented yesterday. However when you get to their
consolidated balance sheet you find the numbers they bandy about in public to
be a ledger of 3.240 trillion Euros ($4.00 trillion) and you catch your breath
and pause. Utilizing normal American accounting practices this variance would
be impossible and yet here it is; staring us all right in the face.
“Europe
has put a ‘stop payment’ on our reality check!”
-The
Wizard
I can report that I did hear from a
number of large institutions yesterday that also looked at the numbers
themselves and were stunned. Conversations were held, questions were asked and
I think an accurate summation of the conversations was that everyone was in
some state or another of astonishment. The numbers were not my numbers after
all and while many good issues were raised in terms of how to properly analyze
the data that was presented there was a clear sense that we were being duped by
the European Central Bank and played for suckers.
“Reality
is the leading cause of stress amongst those in touch with it.”
-Jane
Wagner
Forget
that the liabilities are greater than the assets and forget that that both have
increased rather appreciably in the last several years and just
concentrate on the size of the numbers presented and then ask the central
questions; who is responsible for these assets and liabilities and where are
they counted? We know that they are not counted at the ECB as they are not a
part of their consolidated balance sheet. You may ask how this is possible and
I re-print, once again, the applicable note from the ECB:
“Recognition
of assets and liabilities
An asset or liability is only
recognized in the Balance Sheet when it is probable that any associated future
economic benefit will flow to or from the ECB, substantially all of the
associated risks and rewards have been transferred to the ECB, and the cost or
value of the asset or the amount of the obligation can be measured reliably.”
So there is the rationale, like it or
not, but then where are these assets/liabilities counted? We are talking about
$21.032 trillion in assets here and $22.631 trillion in liabilities which are
larger numbers that all of the GDP of Europe. We can surmise that the ECB does not count these loans, securitizations
and collateral as they belong to a given nation or a bank guaranteed by the
nation or the securitization is guaranteed by some country but the rub is the
country doesn’t count them either. When a European nation reports out its
debt to GDP ratio I knew that they did not count contingent liabilities and I
knew that government backed bank bonds were not included and I knew that
regional debt guaranteed by the government was not included but this, and the
sheer size of it, had lain underneath everyone’s radar.
Think of it; twenty-two trillion dollars worth of assets and liabilities and
accounted for nowhere. No need to worry anymore about Target2; a mere
tuppence at one trillion dollars, a decimal point. Just exactly what these
assets and liabilities might be is anyone’s guess. Just which nations generated them is also
anyone’s guess as
no data or explanation is provided. Just what any country’s real debt
to GDP ratio might be if these assets/liabilities were included in the equation
is also anyone’s guess but I think it is safe to assume that the
numbers would be off the charts; far off the charts.
“Illusions
commend themselves to us because they save us pain and allow us to enjoy
pleasure instead. We must therefore accept it without complaint when they
sometimes collide with a bit of reality against which they are dashed to
pieces.”
-Sigmund
Freud
You know, these are not blue fairies or
gnomes or elves that have gone missing. These are twenty-two trillion dollars
($22 trillion) of loans and securitizations and mortgages that are found and
accountable for by no one. These
are real assets and real liabilities that have been turned into cash by the ECB
and it causes me to wonder just how accurate the Money Supply numbers are for
Europe with this amount of cash being pumped into the
system. I also wonder what anyone’s real balance sheet looks like and I wonder what
kinds of losses are being incurred and by whom. To be quite forthright, and in
my opinion, this seems to me not just the rigging of the game or the gaming of
the system but something far past that; something out beyond the realm of the
credible and of real world experiences.
This is what we are investing in when
we buy European bonds? This is where we are putting our client’s money? I
don’t know;
they may have gone mad but I have not.
Have you?
“An
error does not become truth by reason of multiplied propagation, nor does truth
become error because nobody sees it.”
-Mahatma
Gandhi
http://albertpeia.com/catsareamazing.htm
Posted by :
williambanzai7
Post date: 10/01/2012 - 15:53 Cats can now walk on the ceiling...
Cats can now walk on the ceiling
The masses will find this appealing
And with this distraction
Keynes flew into action
To stimulate Kleptocrat stealing
The Limerick King
The morons who venerate Keynes
Have somewhat remarkable brains
Instead of IQ
It's loaded with goo
That runs out whenever it rains
The Limerick King
Benny has seen better days
Gone are his Keynesian ways
After the crash
He only had cash
He's now hoping charity pays
The Limerick King
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
http://albertpeia.com/fearthebighyperinflationcoming.htm
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
http://albertpeia.com/americanspoorerfattersicker.htm
The Last Housing Crash Is Not
Even Over But Bernanke Is Already Setting The Stage For The Next One
http://albertpeia.com/bernankesnexthousingcrash.htm
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
10-2-12 NATIONAL JOURNAL SHOCK POLL: R 47% O 47%...
BIDEN: Middle class has been 'buried' during Obama's
presidency...
New Model to Predict Unemployment Sees Rate at 8.1%...
POLL: Doctors choose Romney...
DENVER BRONCOS John Elway Endorses
Romney...
CNN poll magically tightens as
calendar turns...
PAPER: Obama will need all the luck
that he can get...
RYAN: We Are Seeing Obama's Foreign
Policy 'Unravel on Our TV Screens'...
'Holder must go' over Fast and
Furious...
Hundreds line up for $1.84 gas in
Michigan in Anti-Obama Stunt...
2012 DEBT SURPASSES 2011...
Huge tax increase looms at year-end
'fiscal cliff'...
Jobs Outlook Weak as Companies
Reporting Cost Cuts...
REPORT: Recovery faster for immigrants
than US-born workers...
U.S. MILITARY DEATHS IN AFGHANISTAN
HIT 2,000....
AFGHAN SOLDIER KILLS 2 MORE AMERICAN
TROOPS...
Biden Misstates Number Of Fallen Heroes...
Military absentee ballots
going AWOL in 2012...
REPORT: 1 million Ohioans have 'Obama
phones'...
RYAN WARNS: 'We need to tackle
challenges before they tackle us'...
Dollar Falls Most in Year...
UNIVISION report connects 'Fast &
Furious' to murders of 16 Mexican teenagers...
NETWORK FINDS 57 UNREPORTED
WEAPONS...
VIDEO **WARNING -- GRAPHIC**...
RYAN: 'Holder must go'...
Jets owner: I'd rather Romney win --
than the Jets!
OCTOBER 1: OBAMA APPROVE AT 47%
POLL: O 49% R 47%...
POLL: O 49% R 47%...
Eurozone hits record high
unemployment...
18.2 million jobless...
'INEVITABLE NEW RECESSION'...
One in 10 EU workers missed work for
depression...
26% in UK diagnosed...
Greek youth unemployment hits 55%...
The Federal Reserve Sends
Thank You Letters To Congress For Letting Them Destroy Our Economy In Secret http://albertpeia.com/feddestroyingeconomy.htm , Time to
reap gains and hedge positions
Marketwatch ‘it is time to take
profits’
Where We Are and Where We’re Going (10-1-12) http://albertpeia.com/fedroadtoperdition.htm , Guest Post: The Global Spring
ZeroHedge.com
1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive blacks; and non-blacks should be
outraged! }
http://albertpeia.com/catsareamazing.htm
Posted by :
williambanzai7
Post date: 10/01/2012 - 15:53 Cats can now walk on the ceiling...
Cats can now walk on the ceiling
The masses will find this appealing
And with this distraction
Keynes flew into action
To stimulate Kleptocrat stealing
The Limerick King
The morons who venerate Keynes
Have somewhat remarkable brains
Instead of IQ
It's loaded with goo
That runs out whenever it rains
The Limerick King
Benny has seen better days
Gone are his Keynesian ways
After the crash
He only had cash
He's now hoping charity pays
The Limerick King
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
http://albertpeia.com/feddestroyingeconomy.htm
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
POLL: Doctors choose Romney...
DENVER BRONCOS John Elway Endorses
Romney...
CNN poll magically tightens as
calendar turns...
PAPER: Obama will need all the luck
that he can get...
RYAN: We Are Seeing Obama's Foreign
Policy 'Unravel on Our TV Screens'...
'Holder must go' over Fast and
Furious...
Hundreds line up for $1.84 gas in
Michigan in Anti-Obama Stunt...
2012 DEBT SURPASSES 2011...
Huge tax increase looms at year-end
'fiscal cliff'...
Jobs Outlook Weak as Companies
Reporting Cost Cuts...
REPORT: Recovery faster for
immigrants than US-born workers...
U.S. MILITARY DEATHS IN AFGHANISTAN
HIT 2,000....
AFGHAN SOLDIER KILLS 2 MORE AMERICAN
TROOPS...
Biden Misstates Number Of Fallen
Heroes...
Military absentee ballots
going AWOL in 2012...
REPORT: 1 million Ohioans have 'Obama
phones'...
RYAN WARNS: 'We need to tackle
challenges before they tackle us'...
Dollar Falls Most in Year...
UNIVISION report connects 'Fast &
Furious' to murders of 16 Mexican teenagers...
NETWORK FINDS 57 UNREPORTED
WEAPONS...
VIDEO **WARNING -- GRAPHIC**...
RYAN: 'Holder must go'...
Jets owner: I'd rather Romney win --
than the Jets!
OCTOBER 1: OBAMA APPROVE AT 47%
POLL: O 49% R 47%...
POLL: O 49% R 47%...
Eurozone hits record high
unemployment...
18.2 million jobless...
'INEVITABLE NEW RECESSION'...
One in 10 EU workers missed work for
depression...
26% in UK diagnosed...
Greek youth unemployment hits 55%...
Proof Positive Than Central
Banks and Central Planning Fail
http://albertpeia.com/proofofcentralbankplanningfailure.htm
‘Regarding the recent Central Bank coordinated
intervention, the key take-away point is that the ECB and US Federal Reserve
attempted “shock and awe” tactics with their latest announcements by throwing
out words such as “unlimited” and “open-ended.”The implication here was that
the Central Banks would do everything they could to prop up the
financial markets. However, as has been the case with every Central Bank intervention,
there are unintended consequences (ie., inflation, stagflation, etc.). The
first unintended consequence concerns the fact that both programs are
essentially a form of “intervention to infinite.” The problem with this is that
the primary driver of stock prices over the last three years has been the
anticipation of more monetary stimulus from Central Banks.Indeed, the New
York Fed itself has openly admitted that were it to remove the market moves
that occurred around Fed FOMC meetings (the times when the Fed announced new
programs or hinted at doing so), the S&P 500 would be at 600 today.So, by
announcing programs that will be on going in nature, both the ECB and
the Fed have removed the anticipation of future Central Bank
intervention from investors’ psychologies. This could become highly
problematic, especially if these latest announcements turn out to be
duds.Speaking of which…Spain’s ten-year bond yield has broken back above 6%. To
see Spain’s sovereign bond yields rising like this after the ECB
announced it would essentially provide “unlimited” buying as support is simply
stunning. And it indicates in plain terms that the ECB’s program was in fact a
dud.In other news, we find that even barely literate high school students have
a better understanding of job creation than Washington.In case you missed it,
recently the US public school system has implemented a series of reforms to
mandate what students should eat based on a healthier diet.The program was
spearheaded by First Lady Michelle Obama, who, despite not being a nutritionist
or having any sort of medical degree, has decided she knows what’s best for
children in terms of their diets.As a result of the reforms, the cost of school
lunches has risen by $0.20-$0.25 per plate. And students don’t like it. In
fact, many of them have begun protesting the reforms saying that they’re hungry
and the food portions are not enough…’
, Why Does Our Society Look Down
On Unemployed Men So Much? http://albertpeia.com/uslooksdownonunemployedmen.htm
The Next Subprime Crisis Is
Here: Over $120 Billion In Federal Student Loans In Default
ZeroHedge.com , Guest Post: Welcome To The Era
of 'Ugly' Inflation
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah!
These are typical, mooching, failing (but fun-lovin’/party
animals), unproductive niggers; and non-niggers should be outraged! }
While most
of America is suffering through one the worst economic downturns in U.S.
history, the Obamas are living the high life at your expense. During
2011, U.S. taxpayers spent an astounding 1.4 billion dollars on the Obamas. Meanwhile, British
taxpayers only spent 57.8 million dollars on the entire royal family.
Does anyone else see something wrong with this picture? So where did the
1.4 billion
dollars go? That money paid the salaries of their staff members, it paid
for their transportation and housing costs, it paid for entertainment and
vacations for the Obamas, and $102,000 was even spent on a "dog
handler" for the family dog Bo. In his new book entitled "Presidential Perks Gone Royal:
Your Taxes Are Being Used For Obama's Re-election", author
Robert Keith Gray reveals some absolutely shocking details about the enormous
amounts of U.S. taxpayer money that are being (Read
More....)
9-28-12 Top Five Worst Obamacare Taxes Coming in 2013...
Romney: Debates a Clear Path to Voters...
'We're going to win Pennsylvania'...
SHOCK POLL PA: O 47% R 45%...
Leno Turns: 'We Wasted Four Years Waiting For Obama To Do
Something About The Economy' { Yeah, Jay! } ...
HOUSE CHAIRMAN CALLS FOR AMBASSADOR SUSAN RICE'S
RESIGNATION...
JAY-Z: I'M WITH OBAMA CAUSE HE'S BLACK...
CHICAGOLAND: Black Gang Member Tells Reporter, 'There Is
No Solution To The Violence; Killing Is The Solution'...
Member of 'Obama Boyz' gang charged in St. Louis
shootings...
Riots Between Black, Latino Students Break Out At CA High
School... { Yeah…Latinos not taking the typical s*** from the
niggers! }
'Cops Are Nowhere To Be Seen, 911 Placed People On
Hold'...
Anti-mafia judge jailed -- for corruption ...
COPS: Man Vandalizes 6 Churches Because He Was Mad At
God... {Oooooh! Guess he really got GOD’s attention…Not! }
MITT DEBATE PLAN: CALL OUT OBAMA LIES... { The
question is, do they have enough time to air all; so many lies, so little time!
}
GDP revised down to 1.25%...
Durable orders drop 13.2% -- 'worst since recession'...
SANTELLI: 'Depressingly weak'...
Census: Americans' Incomes Have Fallen $3,040 During
'Recovery'...
OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE...
SEIU Paid Protesters at Romney Cleveland Rally...
'$11 an hour'...
Whoopi Goldberg curses out Ann Coulter over book on
race...
UPDATE: 3 ( yes, 3 niggers) arrested in vicious beating on
Capitol Hill (Do white/yellow/brown people for O have a death wish? After all,
he/holder have protected the violent, anti-white black panthers)...
DICK MORRIS: Romney 'Pulls Ahead'...
Romney: 'Pleased With Some Polls, Less So With Others'...
Romney pays tax rate 'higher than what 97% of Americans
pay'...
SURVEY: 55% Of Small-Business Owners Would Not Start
Company Today, Blame Obama...
Sebelius to hit campaign trail again -- after breaking
election law...
Solution To Michelle Obama's new school lunch menu: SNACK!
{ Riiiiight! There you go! After all, chimps literally spend all day foraging
for munchable snacks in the wild. But, if you’re not a chimp of leisure as
moochelle, or just not a chump and busy with other things, ‘three squares’ will
just have to do as they always have! }
Post Office Prepares for Second Default in Two Months...
Romney: President Doesn't Want People To Know What
Happened In Libya...
Libyan president: Anti-Islam film had 'nothing to do with'
attack...
Honeymoon Over as Markets Brace for Volatile Times...
Health Premiums Up $3,000; Obama
Vowed $2,500 Cut...
Ralph Nader calls president 'war
criminal'...
OBAMA PROCLAIMS FIGHT AGAINST
'SLAVERY' { Desperate nigger desperados playing the familiar nigger
card! Send them back to sub-saharan Africa! }
2012: MICHELLE TALKS SLAVERY,
SEGREGATION...
'Back when our great-grandparents
were riding that Underground Railroad'...
Madonna (the ‘black hand italian’ who
stups niggers) threatens to strip naked if Obama re-elected...
Vote for the 'Black Muslim in the
White House'...
COMPLAINTS MOUNT AGAINST MICHELLE O'S
NEW LUNCH MENU...
'WE ARE HUNGRY'... { Such
a diet is based upon her own innate proclivities and projection: ‘…Chimpanzees prefer fruit
above all other food items and will even eat them when they are not abundant.
It will also eat leaves and leaf buds. Seeds, blossoms, stems, pith, bark and
resin make up the rest of their diet…’ }
Senators to Hillary: Show us murdered
ambassador's cables...
Libya tense after death of man who
caught Gadhafi...
...calls for vengeance
GOP recalls Obama's earlier victory
lap...
iPhone muggings up 40% in NYC...
PAPER: Don't believe hype on US
'recovery'...
14 Signs That The World
Economy Is Getting Weaker http://albertpeia.com/14signsworldeconomyweaker.htm
http://albertpeia.com/joblessclaimspinandreality.gif
Reuters | Israeli
Prime Minister Benjamin Netanyahu drew his “red line” for Iran’s nuclear program on Thursday.
Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
http://albertpeia.com/14signsworldeconomyweaker.htm
9-27-12 MITT DEBATE PLAN: CALL OUT OBAMA
LIES... { The question is, do they have enough time to air all; so
many lies, so little time! }
GDP revised down to 1.25%...
Durable orders drop 13.2% -- 'worst
since recession'...
SANTELLI: 'Depressingly weak'...
Census: Americans' Incomes Have
Fallen $3,040 During 'Recovery'...
OBAMA HAS MY VOTE, HE GAVE ME A FREE
PHONE...
SEIU Paid Protesters at Romney
Cleveland Rally...
'$11 an hour'...
Whoopi Goldberg curses out Ann
Coulter over book on race...
UPDATE: 3 ( yes, 3 niggers) arrested
in vicious beating on Capitol Hill (Do white/yellow/brown people for O have a
death wish? After all, he/holder have protected the violent, anti-white black
panthers)...
IT'S ON!
IOWANS
START VOTING FOR PRESIDENT
DICK MORRIS: Romney 'Pulls Ahead'...
Romney: 'Pleased With Some Polls, Less So With Others'...
Romney pays tax rate 'higher than what 97% of Americans
pay'...
SURVEY: 55% Of Small-Business Owners Would Not Start
Company Today, Blame Obama...
Sebelius to hit campaign trail again -- after breaking
election law...
Solution To Michelle Obama's new school lunch menu: SNACK!
{ Riiiiight! There you go! After all, chimps literally spend all day foraging
for munchable snacks in the wild. But, if you’re not a chimp of leisure as
moochelle, or just not a chump and busy with other things, ‘three squares’ will
just have to do as they always have! }
Post Office Prepares for Second Default in Two Months...
Romney: President Doesn't Want People To Know What
Happened In Libya...
Libyan president: Anti-Islam film had 'nothing to do with'
attack...
Honeymoon Over as Markets Brace for Volatile Times...
Health Premiums Up $3,000; Obama
Vowed $2,500 Cut...
Ralph Nader calls president 'war
criminal'...
OBAMA PROCLAIMS FIGHT AGAINST
'SLAVERY' { Desperate nigger desperados playing the familiar nigger
card! Send them back to sub-saharan Africa! }
2012: MICHELLE TALKS SLAVERY,
SEGREGATION...
'Back when our great-grandparents
were riding that Underground Railroad'...
Madonna (the ‘black hand italian’ who
stups niggers) threatens to strip naked if Obama re-elected...
Vote for the 'Black Muslim in the
White House'...
COMPLAINTS MOUNT AGAINST MICHELLE O'S
NEW LUNCH MENU...
'WE ARE HUNGRY'... { Such
a diet is based upon her own innate proclivities and projection: ‘…Chimpanzees prefer fruit
above all other food items and will even eat them when they are not abundant.
It will also eat leaves and leaf buds. Seeds, blossoms, stems, pith, bark and
resin make up the rest of their diet…’ }
Senators to Hillary: Show us murdered
ambassador's cables...
Libya tense after death of man who
caught Gadhafi...
...calls for vengeance
GOP recalls Obama's earlier victory
lap...
iPhone muggings up 40% in NYC...
PAPER: Don't believe hype on US 'recovery'...
Pennsylvania Shock Poll: Obama 47% Romney 45%...
FLORIDA POLL: O 48% R 47%...
Veterans retreating from president...
DICK MORRIS: Why The Polls Understate Romney Vote...
Romney Releases 2011 Tax Returns; Paid $1.9 Million on
$13.7 in Income...
...donated $4,020,772 to charity
Voluntarily paid more than required...
Harry Reid avoids prior claims...
'TIME TO SHOW YOURS, HARRY'
Zuckerman: Obama Campaign 'Divisive and Dishonest'...
POLL: Distrust in Media Hits New High...
Biden on college cheerleaders: 'The stuff they do on hard
wood, it blows my (lobotomized) mind'...
WHITE HOUSE STORY ON LIBYA FALLS APART...
100 DAYS UNTIL
LARGEST TAX HIKES IN HISTORY...
There is No Engine For Global
Growth Pt 3 (the US) September 26,
2012 http://gainspainscapital.com http://albertpeia.com/theresnoengineforglobalgrowth3.htm Click Here!
‘ {
I feel compelled to add here what I felt was more than just a leap of
faith by Mr. Summers who has in a recent public issue stated that he believes
the biggest frauds on wall street will be brought to justice. Wow! That’s
really all I can say. The next thing he might say is that pervasively corrupt,
defacto bankrupt america et als, along with the manipulated fraudulent
securities markets, are legitimate. Wow! In his fact-filled renderings, focus
more on Mr. Summer’s facts, fact-based inferences and conclusions, and less on
his unsupportable opinions as, ie., prosecutions of the biggest wall street
frauds are acomin’, or that meaningfully lawless america’s suddenly grown
scruples. Wow! } ‘In the last few days we’ve
assessed how both China and Europe are no longer engines for global growth. So
what about the US? By all counts, the latest ISM (a measure of manufacturing in
the US) was a complete and total disaster. In August the ISM hit 49. Anything
below 50 is considered a recessionary rating.However, things are even worse
below the surface. The ISM is made up of several components. Its Production
component is back to May
2009 levels. The New Orders component is back to April 2009 levels.And
worse of all, Prices Paid is up to 54, up from a reading of just 39 in
July. In simple terms this tells us that inflation is hitting “lift
off”
in the US at the very same time that we are entering a recession that could be on par with that of 2008.
And with corn and soybean prices at or near record highs, we could be on the
verge of a stagflationary disaster combined with a food crisis at the very same
time. We get additional confirmation of a major economic contraction from
corporate earnings. Recently we’ve seen earnings forecast cuts from Fed
Ex, Bed Bath and Beyond, Proctor and Gamble, Adobe, Starbucks, McDonald’s
and more. Indeed, when you remove financials, S&P 500 earnings FELL
year over year for 2Q12. This is hardly indicative
of a strong economy. The fact a record number of Americans are on food stamps
doesn’t bode well either. And the Rasmussen
Employment Index indicates worker confidence is at levels not seen since the
FALL OF 2008! All of this, combined with the following:
1) Median income today is lower than it was during at
the end of 2009 (when the recession supposedly ended)
2) The percentage of Americans on food stamps has
increased from 11% to nearly 15%
3) The average unemployment duration has increased
from 30 weeks to nearly 40 weeks
4) The civilian employment to population ratio hasn’t
budged
5) Industrial production has yet to exceed its former
peak (a first in post WW-II “recoveries”)
And this has happened despite the Fed’s massive
intervention in the markets/economy…’ ,
Dave’s Daily: http://www.etfdigest.com EUROZONE CONTAGION RETURNS TO MARKETS
Fed Virtually Funding the
Entire US Deficit CNBC | “If this becomes the new ordinary, it’s hard to
imagine the Fed’s maneuvering room” should another crisis hit, economist Lindsay said. {
Another crisis? Folks, the nation is insurmountably defacto bankrupt, along
with a panoply of other problems, not the least of which is pervasive crime and
corruption. This is a crisis! } , Chicago Fed Asks "What
Are Asset Bubbles" As Its President Calls For Even More QE , Guest Post: Why QE May Not
Boost Stocks After All , Europe Goes Pear-Shaped
, Gold Holds As Equity
Dead-Dog-Bounce Folds , iNflation: Americans Spend
Less On Food, Movies To Pay For Soaring Cell Phone Obsession
Color us unsurprised by this litte gem
(via Bloomberg):
Today's quote of the day award goes
to...
AHMADINEJAD SAYS IRAN ECONOMY
`CERTAINLY BETTER' THAN U.S., EU
Moments ago, the Census Bureau released the August
new single-family house sales number: at 373,000 on an annualized basis, it
missed expectations of a rise to 380,000, and was down from a revised 374,000.
This is only the second miss in 2012, and confirms that all talk of a housing
recovery is misguided, and merely represents one particular segment of the
housing market: that of existing home sales where buyers have all
cash, are price indiscriminate, and are willing to take advantage of the NAR's
exemptions from anti-money laundering provisions. I.e., US real estate is
merely a place to park cash for those who have obtained it using questionable means.
Looking at the number on a non-SAAR basis reveals that only 31,000 actual
houses sold in August, of which 3,000 in the Northeast: surely a reason to keep
on bidding up the builders into the stratosphere: fear not, actual sales will
come. Eventually. Finally, and demonstrating that rich buyers focus primarily
on dumping money into existing mansions, was the distribution of purchases by
price bucket, which showed a (Z), or under 500 houses sold, in the $750,000+
category. This was the first time there was a (Z) in this bucket since
February.
Moments ago, the Census Bureau released the August
new single-family house sales number: at 373,000 on an annualized basis, it
missed expectations of a rise to 380,000, and was down from a revised 374,000.
This is only the second miss in 2012, and confirms that all talk of a housing
recovery is misguided, and merely represents one particular segment of the
housing market: that of existing home sales where buyers have all
cash, are price indiscriminate, and are willing to take advantage of the NAR's
exemptions from anti-money laundering provisions. I.e., US real estate is
merely a place to park cash for those who have obtained it using questionable
means. Looking at the number on a non-SAAR basis reveals that only 31,000
actual houses sold in August, of which 3,000 in the Northeast: surely a reason
to keep on bidding up the builders into the stratosphere: fear not, actual
sales will come. Eventually. Finally, and demonstrating that rich buyers focus
primarily on dumping money into existing mansions, was the distribution of
purchases by price bucket, which showed a (Z), or under 500 houses sold, in the
$750,000+ category. This was the first time there was a (Z) in this bucket
since February.
http://albertpeia.com/theresnoengineforglobalgrowth3.htm
9-26-12 DICK MORRIS: Romney 'Pulls Ahead'...
Romney: 'Pleased With Some Polls, Less So With Others'...
Romney pays tax rate 'higher than what 97% of Americans
pay'...
SURVEY: 55% Of Small-Business Owners Would Not Start
Company Today, Blame Obama...
Sebelius to hit campaign trail again -- after breaking
election law...
Solution To Michelle Obama's new school lunch menu: SNACK!
{ Riiiiight! There you go! After all, chimps literally spend all day foraging
for munchable snacks in the wild. But, if you’re not a chimp of leisure as
moochelle, or just not a chump and busy with other things, ‘three squares’ will
just have to do as they always have! }
Post Office Prepares for Second Default in Two Months...
Romney: President Doesn't Want People To Know What
Happened In Libya...
Libyan president: Anti-Islam film had 'nothing to do with'
attack...
FLAMES OF ANGER SPREAD FROM MADRID TO ATHENS...
GREEK PROTESTS TURN VIOLENT...
SPAIN ROCKED...
COUNTRY 'COULD BREAK APART'...
Honeymoon Over as Markets Brace for Volatile Times...
Health Premiums Up $3,000; Obama
Vowed $2,500 Cut...
Ralph Nader calls president 'war
criminal'...
OBAMA PROCLAIMS FIGHT AGAINST
'SLAVERY' { Desperate nigger desperados playing the familiar nigger
card! Send them back to sub-saharan Africa! }
2012: MICHELLE TALKS SLAVERY,
SEGREGATION...
'Back when our great-grandparents
were riding that Underground Railroad'...
Madonna (the ‘black hand italian’ who
stups niggers) threatens to strip naked if Obama re-elected...
Vote for the 'Black Muslim in the
White House'...
COMPLAINTS MOUNT AGAINST MICHELLE O'S
NEW LUNCH MENU...
'WE ARE HUNGRY'... { Such
a diet is based upon her own innate proclivities and projection: ‘…Chimpanzees prefer fruit
above all other food items and will even eat them when they are not abundant.
It will also eat leaves and leaf buds. Seeds, blossoms, stems, pith, bark and
resin make up the rest of their diet…’ }
Senators to Hillary: Show us murdered
ambassador's cables...
Libya tense after death of man who
caught Gadhafi...
...calls for vengeance
GOP recalls Obama's earlier victory
lap...
iPhone muggings up 40% in NYC...
PAPER: Don't believe hype on US
'recovery'...
Pennsylvania Shock Poll: Obama 47%
Romney 45%...
FLORIDA POLL: O 48% R 47%...
Veterans retreating from president...
DICK MORRIS: Why The Polls Understate
Romney Vote...
Romney Releases 2011 Tax Returns;
Paid $1.9 Million on $13.7 in Income...
...donated
$4,020,772 to charity
Voluntarily paid more than
required...
Harry Reid avoids prior claims...
'TIME TO SHOW YOURS, HARRY'
Zuckerman: Obama Campaign 'Divisive
and Dishonest'...
Dow will
repeat 2007-2008 peak-crash cycle Commentary: It’s deja vu as
lessons of meltdown go unheeded By Paul B. Farrell, MarketWatch http://albertpeia.com/dowwillrepeatcrashcycle.htm , It's not
different this time: The Dow Theory Marketwatch - Oliver
Pursche , Quantitative Easing Did Not
Work For The Weimar Republic Either
http://theeconomiccollapseblog.com http://albertpeia.com/qedidnotworkforweimarrepubliceither.htm [ http://albertpeia.com/moreqesayfraudsonwallstreet.htm {
Riiiiight! Anything but reality to thwart their daily fraud, churn-and-earn
national debacle. Actually, I think it’s more for the ‘sell the sizzle’ part of
their ubiquitous fraud; that fraud inducing ‘hopium thing’ that’s been great
for their high frequency algo trade frauds that the rest of the nation/world
pays for. What’s really required is prosecution of these huge frauds,
incarceration of and disgorgement and fines for the perps, without exception! }
] ,
QE4? The Big Wall Street Banks
Are Already Complaining That QE3 Is Not Enough http://theeconomiccollapseblog.com http://albertpeia.com/moreqesayfraudsonwallstreet.htm , There is No Engine for Global
Growth Pt 2 (Europe) September 25, 2012 http://gainspainscapital.com http://albertpeia.com/theresnoengineforglobalgrowth2.htm , Several Exponential Charts ZeroHedge.com 9-25-12 , For China Size, Not Quality,
Matters As First Aircraft Carrier Launched , Five SAC Traders Implicated In
Insider Trading Case Two years
ago nobody would dare touch Steve "Blue Eyes" Cohen's firm. Then we dared to ask
some questions. Then the entire expert "information arbitrage"
network pyramid got exposed (with a
one year delay after ZH) and hedge funds returns aka "alpha", The Declining Economic Freedom
Of The United States The United States, long considered the standard bearer for economic
freedom among large industrial nations, has experienced a remarkable plunge in
economic freedom during the past decade. From 1980 to 2000, the US was
generally rated the third freest economy in the world, ranking behind only Hong
Kong and Singapore. The ranking of the US has fallen precipitously; from second
in 2000 to eighth in 2005 and 19th in 2010. By 2009, the United States had
fallen behind Switzerland, Canada, Australia, Chile, and Mauritius, countries
that chose not to follow the path of massive growth in government financed by
borrowing that is now the most prominent characteristic of US fiscal policy. By 2010, the United States had also fallen behind Finland and Denmark,
two European welfare states. Moreover, it now trails Bahrain, the United Arab
Emirates, Estonia, Taiwan, and Qatar. The Fraser Institute's massive volume on the
Economic Freedom Of The World - based on the following five factors: Size
of Government, Legal System & Property Rights, Sound Money, Freedom to
Trade Internationally, and Regulation - covers 42 variables with the goal
of quantifying the key ingredients of economic freedom.
Politico | “In the
sense that he’s more aggressive, more illegal worldwide.” { In other words, more like a nigger! The
blackbama is basically a continuation/progression of war criminal/incompetent
bush! }
Paul Joseph Watson | Nanny
state is no longer on steroids, it has turned into the Incredible Hulk. { http://albertpeia.com/30examplesusnolongerfree.htm }
See
if you can guess in which European country all of these beautiful
pictures were taken: {0}
The 4
Middle Eastern pictures above are from Saudi Arabia, not Iran. Same
thing, you say? Actually, Saudi Arabia is doing its best to overthrow Iran via terrorism,
and is persecuting Christians and Jews much more
than Iran.
Maybe
we should learn a little bit more before deciding whether or not
to bomb Iran?
Especially
since the U.S. has been claiming for more than 30 years that Iran was on
the verge of nuclear capability, and top American and Israeli defense
and intelligence bosses say that bombing Iran will only increase the
odds that Iran will actually build a nuclear weapon?
Postscript:
Iran obviously has problems and is far from perfect. But given the tidal
wave of propaganda in the news which is doing everything possible to “demonize
the enemy” to justify war, we think it is valuable to provide
some balance and perspective.
http://albertpeia.com/guess.htm
By Paul B. Farrell, MarketWatch
http://albertpeia.com/dowwillrepeatcrashcycle.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/qedidnotworkforweimarrepubliceither.htm
[ http://albertpeia.com/moreqesayfraudsonwallstreet.htm {
Riiiiight! Anything but reality to thwart their daily fraud, churn-and-earn
national debacle. Actually, I think it’s more for the ‘sell the sizzle’ part of
their ubiquitous fraud; that fraud inducing ‘hopium thing’ that’s been great
for their high frequency algo trade frauds that the rest of the nation/world
pays for. What’s really required is prosecution of these huge frauds,
incarceration of and disgorgement and fines for the perps, without exception! }
]
http://theeconomiccollapseblog.com
http://albertpeia.com/moreqesayfraudsonwallstreet.htm
{ Riiiiight! Anything but
reality that would thwart their daily fraud, churn-and-earn national
debacle. Actually, I think it’s more for the ‘sell the sizzle’ part of their
ubiquitous fraud; that fraud inducing ‘hopium thing’ that’s been great for
their high frequency algo trade frauds that the rest of the nation/world pays
for. What’s really required is prosecution of these huge frauds, incarceration
of and disgorgement and fines for the perps, without exception! }
See if you can guess in which European country all
of these beautiful pictures were taken: {0}
The 4 Middle Eastern pictures above are from Saudi
Arabia, not Iran. Same thing, you say? Actually, Saudi Arabia
is doing its best to overthrow Iran via terrorism,
and is persecuting Christians and Jews much more
than Iran.
Maybe we should learn a little bit more before deciding whether or not
to bomb Iran?
Especially since the U.S. has been claiming for more than 30 years that Iran was on
the verge of nuclear capability, and top American and Israeli defense
and intelligence bosses say that bombing Iran will only increase the
odds that Iran will actually build a nuclear weapon?
Postscript: Iran obviously has problems
and is far from perfect. But given the tidal wave of propaganda in the
news which is doing everything possible to “demonize
the enemy” to justify war, we think it is valuable to provide
some balance and perspective.
http://albertpeia.com/guess.htm
Politico | “In the sense that he’s more aggressive, more illegal worldwide.” { In other words, more like a nigger! The
blackbama is basically a continuation/progression of war criminal/incompetent
bush! }
Paul
Joseph Watson | Nanny state is no longer on steroids, it has
turned into the Incredible Hulk. { http://albertpeia.com/30examplesusnolongerfree.htm }
http://albertpeia.com/theresnoengineforglobalgrowth2.htm
[ http://albertpeia.com/moreqesayfraudsonwallstreet.htm {
Riiiiight! Anything but reality that would thwart their daily fraud,
churn-and-earn national debacle. Actually, I think it’s more for the ‘sell the
sizzle’ part of their ubiquitous fraud; that fraud inducing ‘hopium thing’
that’s been great for their high frequency algo trade frauds that the rest of
the nation/world pays for. What’s really required is prosecution of these huge
frauds, incarceration of and disgorgement and fines for the perps, without
exception! } ]
9-25-12
Health Premiums Up $3,000;
Obama Vowed $2,500 Cut...
Ralph Nader calls president
'war criminal'...
OBAMA PROCLAIMS FIGHT AGAINST
'SLAVERY' { Desperate nigger desperados playing the familiar nigger
card! Send them back to sub-saharan Africa! }
2012: MICHELLE TALKS SLAVERY,
SEGREGATION...
'Back when our
great-grandparents were riding that Underground Railroad'...
Madonna (the ‘black hand italian’ who stups niggers) threatens
to strip naked if Obama re-elected...
Vote for the 'Black Muslim in
the White House'...
COMPLAINTS MOUNT AGAINST
MICHELLE O'S NEW LUNCH MENU...
'WE ARE HUNGRY'...
{ Such a diet is based upon her own innate proclivities and projection: ‘…Chimpanzees
prefer fruit above all other food items and will even eat them when they are
not abundant. It will also eat leaves and leaf buds. Seeds, blossoms, stems,
pith, bark and resin make up the rest of their diet…’ }
Senators to Hillary: Show us
murdered ambassador's cables...
Libya tense after death of man
who caught Gadhafi...
...calls for vengeance
GOP recalls Obama's earlier
victory lap...
iPhone muggings up 40% in
NYC...
Americans Are Literally Being
Worked To Death http://albertpeia.com/americansworkedtodeath.htm
{ I personally believe a new
category of anxiety disorder has arisen in america which probably would fall
within the broader genus of ‘obsessive compulsive’;viz., the obsessively
compulsive trait being overuse of cell phones/text messaging, etc., in some
instances to the point where fingers are literally rendered ‘raw’ from the
typing. Such, of course, is famously promoted/encouraged (tweets, etc.) by the
media, ‘celebs’, etc., and of course the ‘sellers’ of the China-made gadgets,
ie., apple (I-phones, etc.), etc.. And, despite being invariably sympathetic to
the plight of kids generally, I really must say it’s really rather startling
and pathetic! } , 19 Signs That America Is Being
Systematically Transformed Into A Giant Surveillance Grid http://albertpeia.com/usasurveillancegrid.htm , 10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
There’s No Engine For Global
Growth (China Edition) http://albertpeia.com/theresnoengineforglobalgrowth.htm , Get Your Fake Tungsten-Filled
Gold Coins Here
ZeroHedge.com , Winners Lose As Safety
Outperforms UPDATE: CAT is sliding AH after noting higher chance of
recession and cuts 2015 EPS guidance from $15-20 to $12-18 , Spanish Military Threatens
Treason As Catalonia Seeks Secession Referendum { As an aside, it should be noted that
Catalonia is birthplace to my all-time favorite and many of the world’s
greatest artists. }
With $1.6 Trillion In FDIC
Deposit Insurance Expiring, Are Negative Bill Rates Set To Become The New
Normal? , Guest Post: Pavlov's Dogs - An
Overview Of Market Risk
, Confirming US Dumbification,
Verbal SAT Scores Just Hit Record Low , Guest Post: The Greatest Trick
The Devil Ever Pulled Never
try to teach a pig to sing, advised Robert Heinlein. It wastes your time
and it annoys the pig. Similarly, never try to convince a central banker
that his policies are destructive
http://albertpeia.com/americansworkedtodeath.htm
{ I
personally believe a new category of anxiety disorder has arisen in america
which probably would fall within the broader genus of ‘obsessive
compulsive’;viz., the obsessively compulsive trait being overuse
of cell phones/text messaging, etc., in some instances to the point where
fingers are literally rendered ‘raw’ from
the typing. Such, of course, is famously promoted/encouraged (tweets, etc.) by
the media, ‘celebs’, etc., and of course the ‘sellers’ of the
China-made gadgets, ie., apple (I-phones, etc.), etc.. And, despite being
invariably sympathetic to the plight of kids generally, I really must say it’s really
rather startling and pathetic! }
http://albertpeia.com/usasurveillancegrid.htm
10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast. }
http://albertpeia.com/theresnoengineforglobalgrowth.htm
9-24-12
PAPER: Don't believe hype on US 'recovery'...
Pennsylvania Shock Poll: Obama 47% Romney 45%...
FLORIDA POLL: O 48% R 47%...
Veterans retreating from president...
Romney assails Obama after US ambassador's murder...
'Bumps In The Road'...
Ryan: Middle East looks like '1979 Tehran'...
Slipping away? Obama campaign manager now says DON'T PAY
ATTENTION TO 'NATIONAL' POLLS...
GALLUP SATURDAY: O 47% R 47%...
RASMUSSEN: O 46% R 46%...
Pushing 'change' is tougher this time around...
Early voting transforms campaigns...
We're Entering Another
Economic Collapse... Right As Inflation Hits LIft Off! Phoenix Capital Research 9-21-12 http://albertpeia.com/economiccollapseplusrisinginflation.htm , 21 Facts About America's
Decaying Infrastructure That Will Blow Your Mind http://theeconomiccollapseblog.com http://albertpeia.com/21factsamericasdecayinginfrastructure.htm , 100 DAYS UNTIL LARGEST TAX HIKES IN HISTORY... http://albertpeia.com/taxmaggedon.htm
, Dumb
money sees a rally, so gird for a dip
Gold And Silver Trump US
Equities In Q3 And Year-To-Date
, Will Nasdaq Be The Next
Casualty Of The SEC's Anti-Latency Arbitrage Push? Back in 2009 Zero Hedge was first the
only, and shortly thereafter, one of very few non-conformist voices
objecting to pervasive high frequency trading and
other type of quantitative market manipulation in the form of Flash Trading (which has recently
reemerged in yet another form of frontrunning known as "Hide not Slide"
practices) quote stuffing, and naturally latency arbitrage: one of the most
subversive means to rob the less than sophisticated investor blind, due to an
illegal coordination between market markers, exchanges and regulators, which
effectively encouraged a two-tier market (one for the ultra fast frontrunning
professionals, and one for everyone else). A week ago we were amused to see
that the SEC charged the NYSE with a
wristslap, one for $5 million dollars and where the NYSE naturally
neither admitted nor denied guilt, accusing it of doing precisely what we said
it, and all others, had been doing for years: namely getting paid by wealthy traders, those using the prop data feed
OpenBook Ultra and other paid systems, to create and perpetuate a two-tiered
market, all the while the regulator, i.e., the SEC was paid to look the other
way. This action was nothing but a desperate, and futile,
attempt to regain some investor confidence in the market. It has failed, and
since said "enforcement" action has done nothing to restore
confidence, expect to see more exchanges slapped with fines for actively
perpetuating latency arbitrage opportunities for "some" clients.
Well, since the SEC will be desperate to come up with more means of
"restoring credibility" of both the market and its regulator, another
exchange it may want to look at is the NASDAQ, which as Nanex demonstrates, may
well have been engaging in comparable (most likely not pro-bono) latency
arbitrage benefiting some: those paying for its direct feed aka TotalView, and
thus not harming others, or those relying on the Consolidated Feed (UQDF) for
data dissemination.
On Santelli's Queasiness About
Bernanke's Quantitative-Easiness Between CNBC's Rick Santelli and
PIMCO's Mohammed El-Erian, this brief clip succinctly sums up the 'less than
ideal' reality of Bernanke's all-in bet and how the world is trying to 'trade'
it. Santelli analogizes: "Visualize
the biggest fire hose in the world, 20 miles away from a little Geranium plant?
Now this hose is going and going and going, and ultimately, that Geranium plant
gets a little bit of water but everything around it and leading up to it for
miles around is just underwater. That's QE, in my opinion." To which
El-Erian retorts: "at what point do you tell investors stop focusing
on the benefits and make the collateral damage the investment theme?"
It seems, given gold's outperformance, that this is exactly what is occurring
as the hose-pipe's flood spills out everywhere.
Art Cashin And Dick Fisher
Expose The Farce That America's Corrupt And Bought Congress Has Become
Dick Fisher speaks: "Just recently, in a hearing before the Senate, your
senator and my Harvard classmate, Chuck Schumer, told Chairman Bernanke, “You are the only game in town.” I thought the chairman showed admirable
restraint in his response. I would have immediately answered, “No, senator, you
and your colleagues are the only game in town. For you
and your colleagues, Democrat and Republican alike, have encumbered our nation with debt, sold our children down the river
and sorely failed our nation. Sober up. Get your act together. Illegitimum
non carborundum; get on with it. Sacrifice your political ambition for the
good of our country—for the good of our children and grandchildren. For
unless you do so, all the monetary policy accommodation the Federal Reserve can
muster will be for naught.”"
Presenting: President
Inflation …regarding
wobama/bernanke QE/currency debasement… It seems implicitly that Meyer Rothschild's famous
quote: "Let me control a peoples'
currency and I care not who makes their laws" has never
been more true. Or perhaps, the odds can be gamed to become self-confirming
(just as with HFT in stocks) - especially given the volume surge?
Romney
releases 2011 tax return, paid IRS 14.1 percent { Average for
americans is 13% … let’s talk about wobama’s record … of unequivocal failure …
the real, ineluctable and ultimate issue he’s been trying to divert attention
from … People must realize the magnitude of wobama’s failure and the
unaffordable, insurmountable expense of obfuscation: ‘…those who put their trust in proven failure wobama, all they have to
show for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure...’ ( 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 ) 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 now greater than ) $211 trillion’ … ) }
President
Obama Falsely Claims Fast and Furious Program "Begun Under the Previous
Administration" Obama's Legacy: A Failed Recovery & Double-Dip
Recession Forbes /
Mariotti ‘…At some point, his statute of limitations on blaming Bush runs out…’
Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake: too
much b***s***, not enough substance; that’s reality, not spin! } White House on weak jobs
report: Don’t ‘read too much’ into it Olivier
Knox, Yahoo! News {
Riiiiight! Sounds like a plan! After all, wobama’s gotten’ by on b***s*** and
‘special consideration’ alone, never having done anything of substance in his
entire life. Indeed, even his so-called ‘auto-biographies’ are works of what
appear to be ‘choom-gang’ induced fantasies which reveal a
psychogenic/dissociative amnesia that works well in the continuing ‘narrative’
devoid of fact on his ‘more b*** s*** campaign trail’ littered with the cowpies
of stark reality. People owe themselves and their children more than this
grifter’s con which in numbers measures more than the increased deficits of all
the presidents since President General Eisenhower combined to obfuscate his
unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud
and failure and anyone who buys into election-year desperation / promises,
etc., is just a fool of the worst kind!
AP: ‘…THE FACTS: Five Senate Democrats voted
against sending the DREAM Act to the Senate floor for full consideration. The
bill would have created a path to citizenship for many young illegal immigrants
brought to the United States as children. Last week, Obama announced plans to
stop deporting illegal immigrants who would have qualified for the DREAM Act.
The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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!
Obama: 'We
get Virginia, we win' { Well there you go….it’s now a one state
Presidential race, winner take all…Wow!...The scary thing is that wobama seems
to believe his own b***s***, even when he knows same to be false; as, ie.,
Dreams, etc.. Another choom gang fantasy? He really insults people’s
intelligence. I personally believe, and strong case can be made, that wobama,
like fellow chitown pol jackson, jr., suffers from psychological disorder(s).
Indeed, at the least, from psychogenic/dissociative amnesia that makes the
aforementioned facts beyond the grasp of his ‘current unreality’. I also
believe that his heavy near everyday powerful pot (choom) use took its toll on
his cognitive functions that have facilitated his outlandish claims and
outright fabrications; exactly what the nation cannot afford in these
critical/perilous times! }
Obama Blames
GOP for Inability to Pass Immigration Reform { Riiiiight! Along with
all wobama’s other broken campaign promises, some within his executive branch
exclusive control, ie., those promised prosecutions of the biggest wall street
frauds that never came, etc.. Always somebody else’s fault according to wobama
the no accountability man, who motto is the debased buck stops with anyone but
him. How pathetic! }
84 Statistics That Prove The
Decline Of The Middle Class Is Real And That It Is Getting Worse
http://albertpeia.com/84statsdeclinemidclassrealgettingworse.htm
IT’S OFFICIAL: It’s Been
Announced That ‘Currency Wars’ Are Back On
Business Insider |
Brazilian Finance Minister Mantega has just blasted the Fed’s QE3
policy for setting off “Currency Wars”.
Have the Last 5 Years Been
Worse than the Great Depression?
America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is > $211 trillion’ …
http://albertpeia.com/economiccollapseplusrisinginflation.htm
http://albertpeia.com/21factsamericasdecayinginfrastructure.htm
9-21-12
GALLUP FRIDAY: O 47% R 47%...
DICK MORRIS: Why The Polls Understate
Romney Vote...
Romney Releases 2011 Tax Returns;
Paid $1.9 Million on $13.7 in Income...
...donated
$4,020,772 to charity
Voluntarily paid more than
required...
Harry Reid avoids prior claims...
'TIME TO SHOW YOURS, HARRY'
Zuckerman: Obama Campaign 'Divisive
and Dishonest'...
POLL: Distrust in Media Hits New
High...
Biden on college cheerleaders: 'The
stuff they do on hard wood, it blows my (lobotomized) mind'...
WHITE HOUSE STORY ON LIBYA FALLS
APART...
100 DAYS UNTIL LARGEST TAX HIKES IN
HISTORY... http://albertpeia.com/taxmaggedon.htm
FIRST SERIOUS INTERVIEW: O PRESSED ON FAILURES BY
UNIVISION
Romney: Obama's New Slogan 'No, I Can't'...
GALLUP: O 47% R 47%...
Median Income In OH Hits 27-Year Low...
Obama still blames video for Libya attack?
Ramos Rips Away...
'YOU DID NOT KEEP YOUR PROMISE'...
Shouldn't you 'fire' Eric Holder?
Student asks president for advice -- on how to find a job!
PAPER: 'THE OBAMA YOU DON'T KNOW'...‘…But beyond
the spin and the polls, a starkly different picture emerges. It is a portrait
of a man quite unlike his image, not a visionary reformer but rather a classic
Chicago machine pol who thrives on rewarding himself and his friends with the
spoils of public office, and who uses his position to punish his enemies. Peter
Schweizer captures this other Obama with a bracing statistic in his book
"Throw Them All Out," published last year. In the Obama economic
stimulus program's Department of Energy loans, companies owned and run by Obama
contributors and friends, like Solyndra's George Kaiser, received $16.4
billion. Those not linked to the president got only $4.1 billion. The Energy
Department is far from the only federal program in which favoritism has heavily
influenced federal grants. To paraphrase Tammany Hall's George Washington
Plunkitt, Obama has seen his opportunities and taken them, over and over. - Mark Tapscott / Executive Editor’
Republican senators decry 'useless, worthless' Clinton
briefing...
Lewinsky set to reveal Bill Clinton's sex secrets in
tell-all book...
'Worst nightmare'...
OBAMACARE
TAX TO HIT 6 MILLION
MOSTLY MIDDLE CLASS
RASMUSSEN SWING STATES: R 47% O 46%...
POLL CONFIRMS ROMNEY: OBAMA HAS
47%... { Yes…and the really tragically sad part of that reality for
america is that it’s a strategy of theirs, making americans dependant on the
government (for food, protection from bogus, self-created/induced bogey
men/terror, protection from warranted prosecution as with the largest frauds on
wall street, corzine et als, mf global etc.); and not just the poor; viz., ie.,
the frauds on wall street and their contraindicated QE entitlement along with
protection from prosecution for their huge frauds, etc… }
Tax Compliance for Obamacare: 80
Million Hours...
O: 'I ACTUALLY BELIEVE IN
REDISTRIBUTION'
Analyst: Fed's 'QE-Infinity' Will
Push Gold Up to $2,400...
Mortgage Lending Slides to 16-Year
Low...
WSJ: The Data Behind Romney's
Comments...
REPORT: Median Income Worse Now Than
During 'Great Recession'...
'Unprecedented' Jump in Food
Stamps...
8,786,049: Yet Another Record for
Americans Collecting Disability...
16 people working
for each person collecting..
US credit rating downgraded --
again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political
fallout...
Faber: If I Were Bernanke, I Would
Resign... { Yeah…but you’re not ‘The Rain Man’ … he’s
comfortable there … He’s not insane according to Einstein’s definition; viz.,
doing the same thing over and over and expecting a different result … He’s just
… ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of Dustin
Hoffman in portraying the character of the same name/film? If only he could
count like ‘The Rain Man’.) }
Gas Prices More than Double Under
Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will
They Move When President Loses?
'FULL-BLOWN CRISIS'
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by
ingratiating himself even further with those nefarious, self-serving interest
groups. }
Is America The Most
Materialistic Society In The History Of The World? http://albertpeia.com/americanmaterialism.htm
{ When it comes to american fortunes especially; particularly, ie., fraudulent
wall street-made fortunes, though there are otherwise some exceptions, that old
adage displayed at the beginning of one of Francis Ford Coppola’s masterfully
done mafia movies, viz., ‘Behind every fortune a crime’, is apposite. } , The
richest and poorest U.S. cities by income http://albertpeia.com/25uscitiesbyincome.htm , 10 Quotes From Financial
Experts About The Effect That QE3 Will Have On Gold And Silver http://albertpeia.com/10quotesfromfinancialexpertsreqe.htm
, Forget About QE… I’m Worried About UC September 20, 2012 http://gainspainscapital.com http://albertpeia.com/qeconsequences.htm
‘…Inflation is back in a big way. It’s not going to
show up in the official numbers, but if you’ve paid for gas or food or
healthcare recently, you’ve no doubt noticed that: A) Things are a
lot more expensive B) You get way less bang for your buck (food packages
are shrinking while prices remain the same) This has been the case for some
time now. However, the Fed’s QE 3 program, combined with the ECB’s OMT program,
(both of which are “open ended” or “unlimited” in scope), have taken things to
a whole new level. Which is why we need to be concerned not with QE,
but with UC:
Unintended Consequences. The Fed is largely
composed of academics with little if any professional/ banking experience.
These are people who use flawed data (case in point, the inflation measures in
the US are a joke) to build models that they believe explain how reality
works…’
10 Quotes From Financial
Experts About The Effect That QE3 Will Have On Gold And Silver
Michael Snyder | Do you want to know what QE3 is
going to do to the price of gold and the price of silver?
http://albertpeia.com/10quotesfromfinancialexpertsreqe.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/americanmaterialism.htm
{ When it
comes to american fortunes especially; particularly, ie., fraudulent wall
street-made fortunes, though otherwise with some exceptions, that old adage
displayed at the beginning of one of Francis Ford Coppola’s masterfully done
mafia movies, viz., ‘Behind every fortune a crime’, is apposite. }
http://albertpeia.com/qeconsequences.htm
‘Let’s just be blunt here.
Inflation is back in a big way. It’s
not going to show up in the official numbers, but if you’ve
paid for gas or food or healthcare recently, you’ve no doubt noticed that:
A) Things are a lot more
expensive
B) You get way less bang for
your buck (food packages are shrinking while prices remain the same)
This has been the case for some time now.
However, the Fed’s QE 3 program, combined with the ECB’s
OMT program, (both of which are “open ended” or “unlimited”
in scope), have taken things to a whole new level.
Which is why we need to be concerned not
with QE, but with UC:
Unintended Consequences.
The Fed is largely composed of academics
with little if any professional/ banking experience. These are people who use
flawed data (case in point, the inflation measures in the US are a joke) to
build models
that they believe explain how reality works.
Setting aside the math and intelligence
used to build these models, pure common sense begs the question, “how
can someone who’s never worked in the real world, build a
model to explain reality?”
The simple fact is that they can’t… which is why
the Fed’s policies have and will continue to unleash a
slew of Unintended Consequences.
For instance, QE 2, which saw the Fed
spending $600 billion, pushed food prices to record highs, kicking off a wave
of riots and civil unrest throughout the Middle East.
So what will QE 3 bring?
The short answer is: nothing pretty.
Gas and food prices were already high before the Fed
announced QE 3. They will be going much higher in the future (Oil is currently
falling based on Saudi Arabia working with the US Government to suppress
prices).
Higher inflation means higher
operating costs for corporations. Corporate managers (folks with real world
experience) will adjust accordingly, most likely by firing people.
Which pushes unemployment even higher.
This is just one example of the slew of
Unintended Consequences we’re going to be facing as a result of the
Fed’s
actions. I’ve detailed several more (all of them far
worse than this) in my latest issue of Private Wealth Advisory,
published just last night…’
9-20-12 FIRST SERIOUS INTERVIEW: O PRESSED ON FAILURES BY
UNIVISION
Romney: Obama's New Slogan 'No, I Can't'...
GALLUP: O 47% R 47%...
Median Income In OH Hits 27-Year Low...
US EMBASSY IN PAKISTAN UNDER SIEGE...
IRAN: Hundreds chant 'Death to France,' 'Down with the
U.S.'...
IRAQ: PM condemns U.S. over YOUTUBE anti-Islam
film...
INDONESIA: U.S. consulate shut for second day amid
protests...
AFGHANISTAN: Hundreds chant anti-American slogans...
Obama still blames video for Libya attack?
Ramos Rips Away...
'YOU DID NOT KEEP YOUR PROMISE'...
Shouldn't you 'fire' Eric Holder?
Student asks president for advice -- on how to find a job!
PAPER: 'THE OBAMA YOU DON'T KNOW'...‘…But beyond
the spin and the polls, a starkly different picture emerges. It is a portrait
of a man quite unlike his image, not a visionary reformer but rather a classic
Chicago machine pol who thrives on rewarding himself and his friends with the
spoils of public office, and who uses his position to punish his enemies. Peter
Schweizer captures this other Obama with a bracing statistic in his book
"Throw Them All Out," published last year. In the Obama economic
stimulus program's Department of Energy loans, companies owned and run by Obama
contributors and friends, like Solyndra's George Kaiser, received $16.4
billion. Those not linked to the president got only $4.1 billion. The Energy
Department is far from the only federal program in which favoritism has heavily
influenced federal grants. To paraphrase Tammany Hall's George Washington
Plunkitt, Obama has seen his opportunities and taken them, over and over. - Mark Tapscott / Executive Editor’
Republican senators decry 'useless, worthless' Clinton
briefing...
Lewinsky set to reveal Bill Clinton's sex secrets in
tell-all book...
'Worst nightmare'...
OBAMACARE
TAX TO HIT 6 MILLION
MOSTLY MIDDLE CLASS
RASMUSSEN SWING STATES: R 47% O 46%...
POLL CONFIRMS ROMNEY: OBAMA HAS
47%... { Yes…and the really tragically sad part of that reality for
america is that it’s a strategy of theirs, making americans dependant on the
government (for food, protection from bogus, self-created/induced bogey
men/terror, protection from warranted prosecution as with the largest frauds on
wall street, corzine et als, mf global etc.); and not just the poor; viz., ie.,
the frauds on wall street and their contraindicated QE entitlement along with
protection from prosecution for their huge frauds, etc… }
Tax Compliance for Obamacare: 80
Million Hours...
O: 'I ACTUALLY BELIEVE IN
REDISTRIBUTION'
Analyst: Fed's 'QE-Infinity' Will
Push Gold Up to $2,400...
Mortgage Lending Slides to 16-Year
Low...
WSJ: The Data Behind Romney's
Comments...
REPORT: Median Income Worse Now Than
During 'Great Recession'...
'Unprecedented' Jump in Food
Stamps...
8,786,049: Yet Another Record for
Americans Collecting Disability...
16 people working
for each person collecting..
US credit rating downgraded --
again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political
fallout...
Faber: If I Were Bernanke, I Would
Resign... { Yeah…but you’re not ‘The Rain Man’ … he’s
comfortable there … He’s not insane according to Einstein’s definition; viz.,
doing the same thing over and over and expecting a different result … He’s just
… ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of Dustin
Hoffman in portraying the character of the same name/film? If only he could
count like ‘The Rain Man’.) }
Gas Prices More than Double Under
Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will
They Move When President Loses?
'FULL-BLOWN CRISIS'
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by
ingratiating himself even further with those nefarious, self-serving interest
groups. }
Drudgereport: 9-19-12
OBAMACARE
TAX TO HIT 6 MILLION
MOSTLY MIDDLE CLASS
RASMUSSEN SWING STATES: R 47% O
46%...
wobama doesn't remember how much
national debt is...
'I ACTUALLY BELIEVE IN
REDISTRIBUTION'...
ROMNEY: 'We believe in free people
and free enterprise, not redistribution'...
'I'll deliver recovery, not
dependency'...
Deputy takes fall in 'Fast and
Furious' probe...
NATO pullback heightens doubts about
Afghan plan...
Decision 'shatters implausible claims
of progress'...
Another day, another disaster...
Mich SecState: 4,000 noncitizens on
voter rolls...
FRANCE TO CLOSE 20 EMBASSIES IN FEAR
OF CARTOON BACKLASH
French mag runs drawing of Mohammad
naked; riot police stand guard...
Report: 4 injured in Paris
explosion at kosher store...
GALLUP: O 47% R 46%...
POLL CONFIRMS ROMNEY: OBAMA HAS
47%... { Yes…and the really tragically sad part of that reality for
america is that it’s a strategy of theirs, making americans dependant on the
government (for food, protection from bogus, self-created/induced bogey
men/terror, protection from warranted prosecution as with the largest frauds on
wall street, corzine et als, mf global etc.); and not just the poor; viz., ie.,
the frauds on wall street and their contraindicated QE entitlement along with
protection from prosecution for their huge frauds, etc… }
Tax Compliance for Obamacare: 80
Million Hours...
O: 'I ACTUALLY BELIEVE IN
REDISTRIBUTION'
Analyst: Fed's 'QE-Infinity' Will
Push Gold Up to $2,400...
Mortgage Lending Slides to 16-Year
Low...
WSJ: The Data Behind Romney's
Comments...
REPORT: Median Income Worse Now Than
During 'Great Recession'...
'Unprecedented' Jump in Food
Stamps...
8,786,049: Yet Another Record for
Americans Collecting Disability...
16 people working
for each person collecting..
US credit rating downgraded --
again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political
fallout...
Faber: If I Were Bernanke, I Would
Resign... { Yeah…but you’re not ‘The Rain Man’ … he’s
comfortable there … He’s not insane according to Einstein’s definition; viz.,
doing the same thing over and over and expecting a different result … He’s just
… ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of Dustin
Hoffman in portraying the character of the same name/film? If only he could
count like ‘The Rain Man’.) }
Gas Prices More than Double Under
Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will
They Move When President Loses?
'FULL-BLOWN CRISIS'
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by ingratiating
himself even further with those nefarious, self-serving interest groups. }
It’s Time to Air Out Ben
Bernanke’s Dirty Laundry http://albertpeia.com/rainmanhelicopterbensdirtylaundry.htm , What Mitt Romney Also Said: A
Glimpse Of The Endgame?
ZeroHedge.com http://albertpeia.com/mittalsosaid.htm , 'Krugman's Kryptonite' Pedro
Schwartz On Creating Money Out Of Thin Air "A serious inflationary
disaster will only be prevented if governments succeed in reducing their
deficits and stop selling bonds"
Norfolk Southern, Adobe Cut
Outlook , South African Violence Returns
As All Miners Demand Pay Hike
, Sentiment Nearing Record
Bullishness While we are
bombarded with talking heads telling us that there is money-on-the-sidelines
and everyone is so bearish with the market climbing a wall of worry, the
reality - as we see across multiple asset classes - is that investors are
overweight risk assets (e.g. credit investors overweight IG and HY and mutual
fund cash at record lows), near-extreme
levels of bullishness (AAII and Put-Call Ratios), near extreme levels of
non-bearishness (AAII), and yet credit investors believe markets are overvalued
(though still buying) even as IG and HY bonds are seeing near-record highs in
advance-decline. , Gundlach Is Not A Fan Of
Socialism, Thinks Apple Is "Over-Bought" "the obsession with Apple is a truly remarkable social phenomenon - the
stock is over-believed and over-bought. There is NO exit for the Fed, QE3
will be ineffective, and it is more
likely that the Fed buys all the Treasury bonds that exist." , Guest Post: The Inevitable
Decline Of Retail , Prepare For A 15% Food Price
Surge, Rabobank Warns The
record US, and global, drought has come and gone but its aftereffects are only
now going to be felt, at least according to a new Rabobank report, which
asserts that food prices are about to soar by 15% or more following mass
slaughter of farm animals which will cripple supply once the current inventory
of meat is exhausted. From Sky News: "The
worst drought in the US for almost a century, combined with droughts in South
America and Russia, have hit the production of crops used in animal feed - such
as corn and soybeans - especially hard, the report said. As a result farmers have begun slaughtering more pigs and cattle,
temporarily increasing the meat supply - but causing a steep rise in the price
of meat in the long-term as production slows. "Farmers
producing meat are simply not making enough money at the moment because of the
high cost of feed," Nick Higgins, commodity analyst at Rabobank, told Sky
News. "As a result they will reduce their stock - both by slaughtering
more animals and by not replacing them." Somewhat ironically. food prices
are now being kept at depressed prices as the "slaughtered" stock
clears the market. However once that is gone look for various food-related
prices to soar: a process which will likely take place in early 2013, just in
time to add to the shock from the Fiscal Cliff, which even assuming a
compromise, will detract from the spending capacity of US (and by implication
global) consumers. , Guest Post: The Trouble With
Printing Money , ECB Debasement Is Akin To Work
Of Devil – Risk Of “Rapid Currency Depreciation” , August Housing Starts Less
Than Expected, Rise From Downward Revised Print , JPY10 Trillion Intervention
Half-Life: 5 Hours; Full Fade: 9 Hours , Chinese Protesters Chant
"Down With US Imperialists", Attack Car Of US Ambassador In Beijing
http://albertpeia.com/rainmanhelicopterbensdirtylaundry.htm
http://albertpeia.com/mittalsosaid.htm
Drudgereport: 9-19-12
OBAMACARE
TAX TO HIT 6 MILLION
MOSTLY MIDDLE CLASS
RASMUSSEN SWING STATES: R 47% O
46%...
wobama doesn't remember how much
national debt is...
'I ACTUALLY BELIEVE IN REDISTRIBUTION'...
ROMNEY: 'We believe in free people
and free enterprise, not redistribution'...
'I'll deliver recovery, not
dependency'...
Deputy takes fall in 'Fast and
Furious' probe...
NATO pullback heightens doubts about
Afghan plan...
Decision 'shatters implausible claims
of progress'...
Another day, another disaster...
Mich SecState: 4,000 noncitizens on
voter rolls...
FRANCE TO CLOSE 20 EMBASSIES IN FEAR
OF CARTOON BACKLASH
French mag runs drawing of Mohammad
naked; riot police stand guard...
Report: 4 injured in Paris
explosion at kosher store...
GALLUP: O 47% R 46%...
POLL CONFIRMS ROMNEY: OBAMA HAS
47%... { Yes…and the really tragically sad part of that reality for
america is that it’s a strategy of theirs, making americans dependant on the
government (for food, protection from bogus, self-created/induced bogey
men/terror, protection from warranted prosecution as with the largest frauds on
wall street, corzine et als, mf global etc.); and not just the poor; viz., ie.,
the frauds on wall street and their contraindicated QE entitlement along with
protection from prosecution for their huge frauds, etc… }
Tax Compliance for Obamacare: 80
Million Hours...
O: 'I ACTUALLY BELIEVE IN
REDISTRIBUTION'
Analyst: Fed's 'QE-Infinity' Will
Push Gold Up to $2,400...
Mortgage Lending Slides to 16-Year
Low...
WSJ: The Data Behind Romney's
Comments...
REPORT: Median Income Worse Now Than
During 'Great Recession'...
'Unprecedented' Jump in Food
Stamps...
8,786,049: Yet Another Record for
Americans Collecting Disability...
16 people working
for each person collecting..
US credit rating downgraded --
again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political
fallout...
Faber: If I Were Bernanke, I Would
Resign... { Yeah…but you’re not ‘The Rain Man’ … he’s
comfortable there … He’s not insane according to Einstein’s definition; viz.,
doing the same thing over and over and expecting a different result … He’s just
… ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of Dustin
Hoffman in portraying the character of the same name/film? If only he could
count like ‘The Rain Man’.) }
Gas Prices More than Double Under
Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will
They Move When President Loses?
'FULL-BLOWN CRISIS'
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by
ingratiating himself even further with those nefarious, self-serving interest
groups. }
Draghi and Bernanke’s Worst
Nightmares Are About to Unfold
‘…they’ve both failed…’ http://albertpeia.com/draghibernankeworstnightmare.htm ,
MARKET WATCH HEADLINES http://albertpeia.com/marketwatchheadlines.htm , The Federal Reserve Is
Systematically Destroying Social Security And The Retirement Plans Of Millions
Of Americans http://albertpeia.com/feddestroyingsocialsecurity.htm , Tungsten-Filled 10 Oz Gold Bar
Found In The Middle Of Manhattan's Jewelry District ZeroHedge.com It is one thing for tungsten-filled gold bars to appear in the UK,
or in Germany: after all
out of sight, and across the Atlantic, certainly must mean out of mind, and out
of the safe. However, when a 10 ounce 999.9 gold bar bearing the stamp of the
reputable Swiss Produits Artistiques Métaux Précieux (PAMP, with owner MTP) and a serial number (serial #038892, likely rehypothecated in at least
10 gold ETFs across the world but that's a different story), mysteriously
emerges in the heart of the world's jewerly district located on 47th street in
Manhattan, things get real quick. Moments ago, Myfoxny reported that a
10-ounce gold bar costing nearly $18,000 turned out to be a counterfeit. The
discovery was made by the dealer Ibrahim Fadl, who bought the PAMP bar in
question from a merchant who has sold him real gold before. "But he heard
counterfeit gold bars were going around, so he drilled into several of his gold
bars worth $100,000 and saw gray tungsten -- not gold. The bar was filled with
tungsten, which weighs nearly the same as gold but costs just over a dollar an
ounce
Head Of MF Global Equity
Derivatives Trading Launches Hedge Fund Several weeks ago we learned that 2011's vaporizer extraordinaire
Jon Corzine is contemplating starting his own hedge fund:
presumably one that invests all its capital in Italian 2 year bonds, charges 2
and 20, and then disappears when all LP capital blows up in an AUM supernova.
Today, we learn that the stigma freeze associated with all other former MF
Global trading whizkids has officially melted, as the former head of equity
derivatives of MF Global has just launched a new hedge fund.
Some Shocking Perspectives On
Inflation And Currency Destruction By None Other Than The Federal Reserve Going back to the FOMC's own archives
reveals some truly stunning disclosures arising from none other than the
Federal Reserve on the topics of inflation, currency "debauching",
money creation, and what it would take for the Communists and Stalin to win.
"I agree with you entirely that the
Soviet dictators would like to bring about our economic collapse and, as you
know, inflation is perhaps the greatest force for arraying the various sectors
of a capitalistic economy against each other. John
Maynard Keynes stated in his 'Economic Consequences of the Peace' (1919): 'Lenin is said to have declared that the best way to destroy the
Capitalist System was to debauch the currency...Lenin was certainly right. There is
no subtler, no surer means of overturning the
existing basis of Society than to debauch the currency. The
process engages all the hidden forces of economic law on the side of
destruction, and does it in a manner which not one man in a million is able to
diagnose.'" , The Fed's Financial Repression
'Game'
Fed’s ‘QE-Infinity’ Will Push
Gold Up to $2,400: Pro
CNBC | Guy Adami: “Since the
Roman Empire, all fiat currencies have ended poorly.”
Max Keiser: Ultimate QE3
Meltdown
Infowars.com | Max Keiser reveals the true
financial agenda behind QE3.
Michael Snyder | The mainstream media is hailing QE3
as a great victory for the U.S. economy.
http://albertpeia.com/feddestroyingsocialsecurity.htm
Drudgereport: 9-18-12 GALLUP: O 47% R 46%...
POLL CONFIRMS ROMNEY: OBAMA HAS
47%... { Yes…and the really tragically sad part of that reality for
america is that it’s a strategy of theirs, making americans dependant on the
government (for food, protection from bogus, self-created/induced bogey
men/terror, protection from warranted prosecution as with the largest frauds on
wall street, corzine et als, mf global etc.); and not just the poor; viz., ie.,
the frauds on wall street and their contraindicated QE entitlement along with protection
from prosecution for their huge frauds, etc… }
Tax Compliance for Obamacare: 80
Million Hours...
O: 'I ACTUALLY BELIEVE IN
REDISTRIBUTION'
Analyst: Fed's 'QE-Infinity' Will
Push Gold Up to $2,400...
Mortgage Lending Slides to 16-Year
Low...
WSJ: The Data Behind Romney's
Comments...
REPORT: Median Income Worse Now Than
During 'Great Recession'...
'Unprecedented' Jump in Food
Stamps...
Russia reveals vast diamond source
under asteroid crater could supply world market for 3,000 years...
REPORT: NEWSPAPER AD REVENUES
COLLAPSE TO 1950 LEVELS...
NYC ranked dirtiest, loudest, rudest
city in USA...
Bailout cost counter...
REPORT: For every $1 added to
economy, $3 added to debt...
GALLUP: 67% OF DEMS SAY GOVT --
SHOULD DO MORE!
Major Partisan
Divide on Appropriate Role...
8,786,049: Yet Another Record for
Americans Collecting Disability...
16 people working
for each person collecting..
ROMNEY GETS REAL: OBAMA SUPPORTERS 'DEPENDENT ON
GOVERNMENT'
GM WANTS OUT OF GOVT; OBAMA SAYS NO...
Bailout cost counter...
REPORT: For every $1 added to economy, $3 added to debt...
GALLUP: 67% OF DEMS SAY GOVT -- SHOULD DO MORE!
Major Partisan Divide on Appropriate Role...
8,786,049: Yet Another Record for Americans Collecting
Disability...
16 people working for each person collecting..
Dollar hovers near seven-month low; Euro gains...
inflation fears rise...
New movie features disappointed Obama voters...
US credit rating downgraded --
again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political
fallout...
Faber: If I Were Bernanke, I Would
Resign... { Yeah…but you’re not ‘The Rain Man’ … he’s
comfortable there … He’s not insane according to Einstein’s definition; viz.,
doing the same thing over and over and expecting a different result … He’s just
… ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of Dustin
Hoffman in portraying the character of the same name/film? If only he could
count like ‘The Rain Man’.) }
Gas Prices More than Double Under
Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will
They Move When President Loses?
'FULL-BLOWN CRISIS'
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by
ingratiating himself even further with those nefarious, self-serving interest
groups. }
How QE3 Will Make The Wealthy
Even Wealthier While Causing Living Standards To Fall For The Rest Of Us http://albertpeia.com/qe3wealthywealthiertherestpoorer.htm , Where We Are and Where We’re
Going (Week of September 17, 2012) http://gainspainscapital.com http://albertpeia.com/hereandthere.htm , ‘My sense is [QE3] is going to have a greater effect on inflation and a minimal impact on
jobs.’—Jeffrey Lacker President , Richmond Federal Reserve, University of Colorado
prediction model points to big Romney win Read more: http://dailycaller.com/2012/08/23/university-of-colorado-prediction-model-points-to-big-romney-win/#ixzz26ZnrMS7E , How China's Rehypothecated
"Ghost" Steel Just Vaporized, And What This Means For The World
Economy Zerohedge.com , Markets Gone Wild UPDATE: Denial: *WHITE HOUSE'S CARNEY SAYS `NO CHANGE' ON OIL
RESERVES , Guest Post: The Fed Has
Failed, Failed, Failed
, Full Summary Of The Latest In
Anti-American Sentiment
, Japanese Businesses Shuttering
Chinese Facilities As Mainland Anger Spreads , Empire Manufacturing Index Prints
At Lowest Since April 2009
How China's Rehypothecated
"Ghost" Steel Just Vaporized, And What This Means For The World Economy Zerohedge.com One of the key stories of 2011 was the revelation, courtesy of MF
Global, that no asset in the financial system is "as is",
and instead is merely a copy of a copy of a copy-
rehypothecated up to an infinite number of times (if domiciled in the UK) for
one simple reason: there are not enough money-good, credible assets in
existence, even if there are more than enough 'secured' liabilities that claim
said assets as collateral. And while the status quo is marching on, the Ponzi
is rising, and new liabilities are created, all is well; however, the second
the system experiences a violent deleveraging and the liabilities have to be
matched to their respective assets as they are unwound, all hell breaks loose
once the reality sets in that each asset has been diluted exponentially.
Naturally, among such assets are not only paper representations of securities,
mostly stock and bond certificates held by the DTC's Cede & Co.,
but physical assets, such as bars of gold held by paper ETFs such as GLD and
SLV. In fact, the speculation that the physical precious metals in circulation
have been massively diluted has been a major topic of debate among the precious
metal communities, and is the reason for the success of such physical-based
gold and silver investment vehicles as those of Eric Sprott. Of course, the
"other side" has been quite adamant that this is in no way realistic
and every ounce of precious metals is accounted for. While that remains to be
disproven in the next, and final, central-planner driven market crash, we now
know that it is not only precious metals that are on the vaporization chopping
block: when it comes to China, such simple assets as simple steel held in
inventories, apparently do not exist. , It's Just Getting Stupid! As Cantor's Peter Cecchini notes today "when things are this senseless, a reversion to sensibility will
occur again at some point." His view is to be long vol and as the
disconnect between the economic cycle and stocks continues to grow, we present
three mind-numbing charts of the exuberant hopefulness that is now priced in (oh
yeah, aside from AAPL actually selling some iPhones in pre-order). Whether
it is earnings hockey-sticks, global growth ramps, or fiscal cliff resolutions,
it seems the market can only see the silver-lining. We temper that extreme
bullish view with the fact that all the monetary policy good news has to be
out now - for Ben hath made it so with QEternity. , Goldman On The Fiscal Cliff:
Worse Before It Gets Better
As we have explained recently, the US fiscal cliff is a far more
important issue 'fundamentally' than the Fed's economic impotence. While most
market participants believe some kind of compromise will be reached - in the
lame-duck session but not before the election - the possibility of a 3.5% drag
on GDP growth is dramatic to say the least in our new normal stagnation. As
Goldman notes, the window to address the fiscal cliff ahead of the election has
all but closed, the 40% chance of a short-term extension of most current
policies is only marginally better than the probability they assign to 'falling off the cliff' at 35%. The base
case assumptions and good, bad, and ugly charts of what is possible are
concerning especially when a recent survey
of asset managers assigned only a 17% chance of congress failing to compromise
before year-end. Critically, and not helped by Bernanke's helping
hand (in direct opposition to his hopes), resolution of the fiscal cliff will
look harder, not easier, to address as we approach the end of the year - and
its likely only the market can dictate that direction - as the "consequence is terrible, but bad enough to force a deal, Faber: Own Gold – “Don’t Store It In The U.S., The
Fed Will Take It Away From You One Day”
[ Anti-American
fury sweeps across an inflamed Muslim world { Despite casting this as being over a film,
it’s not just the film; but as well, blowback for innumerable policy missteps
that ultimately included direct or indirect acts of violence/aggression. These
people are not blind, nor are they utter fools despite america et als’ foolish
assumptions and presumptions to the contrary. } QE3: Helicopter Ben Bernanke
Makes It Rain Money http://albertpeia.com/debaseddollarfailedstrategy.htm ‘…The course that the Federal Reserve has
set us on is utter insanity. Ben Bernanke can rain money down on us all
he wants { because he’s ‘The Rain Man’ }, but it is not going to do much at all
to help the real economy. However, it will definitely hasten the
destruction of the U.S. dollar…’
http://albertpeia.com/qe3wealthywealthiertherestpoorer.htm
http://albertpeia.com/hereandthere.htm
9-17-12 ROMNEY GETS REAL: OBAMA SUPPORTERS 'DEPENDENT ON
GOVERNMENT'
GM WANTS OUT OF GOVT; OBAMA SAYS NO...
Bailout cost counter...
REPORT: For every $1 added to economy, $3 added to debt...
GALLUP: 67% OF DEMS SAY GOVT -- SHOULD DO MORE!
Major Partisan Divide on Appropriate Role...
8,786,049: Yet Another Record for Americans Collecting
Disability...
16 people working for each person collecting..
Dollar hovers near seven-month low; Euro gains...
inflation fears rise...
New movie features disappointed Obama voters...
US credit rating downgraded --
again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political
fallout...
Faber: If I Were Bernanke, I Would
Resign... { Yeah…but you’re not ‘The Rain Man’ … he’s
comfortable there … He’s not insane according to Einstein’s definition; viz.,
doing the same thing over and over and expecting a different result … He’s just
… ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of Dustin
Hoffman in portraying the character of the same name/film? If only he could
count like ‘The Rain Man’.) }
Gas Prices More than Double Under
Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will
They Move When President Loses?
'FULL-BLOWN CRISIS'
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by
ingratiating himself even further with those nefarious, self-serving interest
groups. }
The Fed’s QE 3 Program: Short
Term Thinking For Long-Term Pain
September 14, 2012 http://gainspainscapital.com http://albertpeia.com/shorttermthinkinglongtermpain.htm { The problem is, it’s not even sound
short-term thinking. Oh sure, the fraudulent churn and earn markets are loving
this, yet some see this ‘non-economic’, costly obfuscating scam for its real
effect and detriment; ie., Egan-Jones
downgrades U.S. rating on QE3 move
, etc.. }
Egan-Jones
downgrades U.S. rating on QE3 move
By Wallace Witkowski
SAN FRANCISCO (MarketWatch) -- Egan-Jones Ratings Co.
said Friday it downgraded its U.S. sovereign rating to AA- from AA on concerns
that the Fed's new round of quantitative easing, or QE3, will hurt the U.S.
economy. The ratings agency said the Fed's plan of buying $40 billion in
mortgage-backed securities a month and keeping interest rates near zero does
little to raise GDP, reduces the value of the dollar, and raises the price of
commodities. "From 2006 to present, the US's debt to GDP rose from 66% to
104% and will probably rise to 110% a year from today under current
circumstances; the annual budget deficit is 8%," Egan-Jones said in a
note. "In comparison, Spain has a debt to GDP of 68.5% and an annual
budget deficit of 8.5%."
Egan-Jones downgrades U.S. rating to AA- from AA
Inflation
worries push TIPS ETF to new high
BREAKING:
Mo.'s Truman Bank is year's 42nd U.S. bank failure
U.S.
stocks trim rise after U.S. downgrade
Oil
briefly tops $100 after Fed stimulus pledge
Dave’s Daily: http://etfdigest.com [ Anti-American
fury sweeps across an inflamed Muslim world { Despite casting this as being over a film,
it’s not just the film; but as well, blowback for innumerable policy missteps
that ultimately included direct or indirect acts of violence/aggression. These
people are not blind, nor are they utter fools despite america et als’ foolish
assumptions and presumptions to the contrary. } ] The Punchline In His Own
Words: Bernanke Advocates Blowing Asset Bubbles As The Antidote To Depression ZeroHedge.com { This is an especially great opportunity to sell this suckers’
market/take profits! Nothing’s been solved! Just because
‘no-recession-helicopter-ben’ says something, does not mean it’s true (remember
that ‘no recession call’ of his; and, of course, no QE before the election,
prospectively, already discounted many times over by the ‘markets, such as they
are, ie., algo buy programs, etc.. ).
All this and now ‘whatever’ is too little and too late for the uss
Titanic which has taken on too much, not water, but b***s***. This was a
desperate move, bespeaking desperation.The fact is things are ominously so bad,
and worse than ‘allowed’ to be seen for the moment, that something as this QE
which is economically and financially contraindicated and a proven failure for
all but the frauds on wall street along with their cohorts including desperate
politicos, is resorted to in desperation to divert attention from their
unequivocal failure. After all, though having cost so many americans their jobs
with wrong calls and policies, bernanke is trying to save his own by inflating
the markets (along with everything else, ultimately hyperinflationary) for fellow failure wobama’s sake (wobama
rehired failure bernanke, President Romney would have fired, and will fire him
… goldman sachs knew this dollar debasing failed policy QE 3 would come and at
the expense of the muppets…that’s their term for all you suckers). I further
believe this contraindicated largess to the frauds on wall street is to preserve
his post fedship tenure job possibilities by ingratiating himself even further
with those nefarious, self-serving interest groups. }
Stocks Are Not Cheap ZeroHedge.com 9-14-12
Valuations; stocks are cheap; money-on-the-sidelines; everyone's
bearish; trend is your friend. We've all heard them and we've all played them
but the following charts from Morgan Stanley will at least provide some nuance
of sense for those stunned into silence by a market seeing its nominal price
surging amid Bernanke blowing bubbles. The headline
is - with
real rates this low (and
staying low for a few more years yet) current P/E multiples are extremely high and even on a long-run empirical basis, hope remains excessive at
22xShiller P/E versus an average 16x. Remember, a
long-term investment is a short-term trade gone bad. But it seems for now that
you buy because you'll always be able to sell it back higher to the next smarter
dumber greater fool.
On This Week In History, Gas
Prices Have Never Been Higher
, Egan Jones Downgrades US From
AA To AA- From Egan-Jones,
which downgraded the US for the first time ever last July, two weeks ahead of
S&P: "Up, up, and away - the FED's QE3 will stoke the stock market and
commodity prices, but in our opinion will hurt the US economy and, by
extension, credit quality. Issuing additional currency and depressing interest
rates via the purchasing of MBS does little to raise the real GDP of the US,
but does reduce the value of the dollar (because of the increase in money
supply), and in turn increase the cost of commodities (see the recent rise in the
prices of energy, gold, and other commodities). The increased cost of
commodities will pressure profitability of businesses, and increase the costs
of consumers thereby reducing consumer purchasing power. Hence, in our opinion QE3 will be detrimental to credit quality for the
US."
, Guest Post: QE3 And Bernanke's
Folly - Part I , Inflation Expectations Suggest
5% Inflation Is In The Cards
‘…there is a clear lag between the rise in
market-implied inflation and it showing up in the unicorn-laden CPI prints [ Actually, it’s just
plain understated, and, not the first time they’ve lied … ( 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…) ] - what this means is that given the hubris
of the Fed yesterday, market
expectations of inflation are inferring CPI could rise to over 5% within the
next 3 to 6 months. It will surely be difficult for Ben to
keep-on-buying ('Finding Nemo'-like) in the face of that kind of 'transitory'
rise in real data - though for now, real money remains bid as risk comes off a
little (even as the long-bond yield blows 26bps higher this week) - oh and CPI and PPI jump their most in 3 years.’ , Germany Opines: "Obama's
Middle East Policy Is in Ruins" , Guest Post: This Is Blowback ZeroHedge.com The YouTube video depicting
Mohammed is nothing more than the straw that broke the camel’s
back. This kind of violent uprising against American power and interests
in the region has been a long time in the making. It is not just the
continuation of drone strikes which often kill civilians in Pakistan, Yemen,
Somalia and Afghanistan, either. Nor is it the American invasions and
occupations of Iraq and Afghanistan. Nor is it the United States and the West’s support
for various deeply unpopular regimes such as the monarchies in Bahrain and
Saudi Arabia (and formerly Iran). Nor is it that America has long favoured
Israel over the Arab states, condemning, invading and fomenting revolution in
Muslim nations for the pursuit of nuclear weapons while turning a blind eye to
Israel’s nuclear
weapons and its continued expansion into the West Bank.
Anti-American
fury sweeps across an inflamed Muslim world {
Despite casting this as being over a film, it’s not just the film; but as well, blowback for innumerable policy
missteps that ultimately included direct or indirect acts of
violence/aggression. These people are not blind, nor are they utter fools
despite america et als’ foolish assumptions and
presumptions to the contrary. [ Guest Post: This Is Blowback ZeroHedge.com The YouTube video depicting
Mohammed is nothing more than the straw that broke the camel’s back. This kind of violent uprising against American power and
interests in the region has been a long time in the making. It is not just the
continuation of drone strikes which often kill civilians in Pakistan, Yemen,
Somalia and Afghanistan, either. Nor is it the American invasions and
occupations of Iraq and Afghanistan. Nor is it the United States and the West’s support for various deeply unpopular regimes such as the monarchies
in Bahrain and Saudi Arabia (and formerly Iran). Nor is it that America has
long favoured Israel over the Arab states, condemning, invading and fomenting
revolution in Muslim nations for the pursuit of nuclear weapons while turning a
blind eye to Israel’s nuclear weapons and its
continued expansion into the West Bank. ]
}
Romney and the GOP still toe the Bush line Republican leaders are sick and tired of
Democrats blaming all the nation's problems on George W. Bush, and of being
tarnished by the former president's legacy. { The problem for the democrats is
that, unfortunately for the nation and world, wobama’s essentially followed
dumbya bush’s failed legacy with few exceptions (ie., wobama/holder’s
predisposed contraindicated favoritism/bias towards blacks including black
panthers, etc.). Indeed, many within ‘the fold’ include ‘bush men’ (ie.,
mueller, bernanke, etc.); and comparable failed policies as, ie., protracted
unnecessary war, profligate spending worse than bush, rule by
proclamation/executive orders, no prosecution of huge wall street frauds, etc.,
all contrary to campaign promises/b***s*** that got him elected, a mistake that
won’t be repeated this time around. }
Drudgereport: US credit rating downgraded -- again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political
fallout...
Faber: If I Were Bernanke, I Would
Resign... { Yeah…but you’re not ‘The Rain Man’ … he’s
comfortable there … He’s not insane according to Einstein’s definition; viz.,
doing the same thing over and over and expecting a different result … He’s just
… ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of Dustin
Hoffman in portraying the character of the same name/film? If only he could
count like ‘The Rain Man’.) }
Gas Prices More than Double Under
Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will
They Move When President Loses?
'FULL-BLOWN CRISIS'
JITS: CAMPUSES EVACUATED, CLASSES
CANCELED BY 'AL QAEDA THREAT'...
Terror scare in Kansas City...
North Dakota State University bomb
threat...
'Unspecified' threat at Valparaiso
University...
Nuke Reactor Evacuated In Austin...
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by
ingratiating himself even further with those nefarious, self-serving interest
groups. }
Romney Calls Obama Response:
'Disgraceful'...
Muslims Attack US Embassies...
Mobs with guns and rocket-propelled
grenades...
FLASHBACK: Hillary Clinton boast on
Gaddafi: 'We came, we saw, he died'...
PROTEST: $9 gallon for gas in NY and
NJ...
Median income lowest since 1995...
Lower class grows...
Why did Obama use N-word to describe
his grandfather?
Suspected Bank Robbers Toss Cash Out
Window During Police Chase...
VIDEO... { A neighborhood nigger in response to a
reporter lauded the criminal acts of the armed niggers saying they brought cash
into the neighborhood where (other niggers) ‘people’ are hurting. Isn’t that
among the typical rationalizations that underlie every dastardly deed
perpetrated by the uncivilized niggers? The niggerized DOJ under holder/obama
similarly finds ways to rationalize not prosecuting as promised; ie., biggest
frauds on wall street, mfglobal/jon corzine, defense of and protection for
black panthers, etc.. How can people wonder why this nation’s crumbling? }
ROMNEY: 'Forwarned' is better than
'forward''... { Sampling
some of the network talking head roundtables over the weekend I was astounded
how many wobamanoid apologists talked up the dismal, paltry private jobs, many
part-time or low-pay, without mention of the record insurmountable $5 trillion
increase in the deficit to create them for the purpose of obfuscating wobama’s
blatantly failed performance as potus. Such people, either so partisan, so
unschooled in the relevant disciplines, so ill-prepared for the journalistic
task entrusted to them, literally have no defendable place in the field of real
journalism and are an embarrassment to all that journalism purports to be. }
DICK MORRIS: Obama Thugs Rough Up
GALLUP For Polls They Don't Like...
POLL: O 49% R 45%...
reuters/ipsos – the socialist/communist pollsters…they have a lot at stake…look
at their socialist europe and left-leaning city bases. Their polls can’t change
what already is!
DEMS SOFT ON WALL STREET CRIMES...
Graham Eats Humble Pie
September 13, 2012 http://gainspainscapital.com { This is an especially great opportunity to
sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says
something, does not mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE before the election,
prospectively, already discounted many times over by the ‘markets,
such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little and too late for the uss Titanic which
has taken on too much, not water, but b***s***. This was a desperate move,
bespeaking desperation.The fact is things are ominously so bad, and worse than ‘allowed’ to be seen
for the moment, that something as this QE which is economically and financially
contraindicated and a proven failure for all but the frauds on wall street
along with their cohorts including desperate politicos, is resorted to in
desperation to divert attention from their unequivocal failure. After all,
though having cost so many americans their jobs with wrong calls and policies,
bernanke is trying to save his own by inflating the markets (along with
everything else, ultimately hyperinflationary)
for fellow failure wobama’s sake (wobama rehired failure bernanke, President
Romney would have fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their
term for all you suckers). I further believe this contraindicated largess to
the frauds on wall street is to preserve his post fedship tenure job
possibilities by ingratiating himself even further with those nefarious,
self-serving interest groups. } {Alas,
poor Graham…}
QE3: Helicopter Ben Bernanke
Makes It Rain Money http://albertpeia.com/debaseddollarfailedstrategy.htm ‘…The course that the Federal Reserve has set us on is
utter insanity. Ben Bernanke can rain money down on us all he wants, but
it is not going to do much at all to help the real economy. However, it
will definitely hasten the destruction of the U.S. dollar…’
I THINK IT IS TIME TO
RECOGNIZE THAT BERNANKE IS TOTALLY BURNED OUT IF NOT ABSOLUTELY INSANE (YOU
RECALL THOSE PROPAGANDA ROUNDS AT THE SCHOOLS, ETC.; THOSE CAPTIVE AUDIENCES
WHO COULDN’T CARE LESS). HE IS TOTALLY INCOMPETENT!
THE FACT IS, BEYOND THE BLATANT FAILURE OF HIS CONSISTENTLY FAILED POLICIES, HE
STILL TALKS OF ‘GROWTH’ AS BEING SOMETHING OTHER
THAN THE INFLATIONARY IMPACT OF INFLATIONARY QE AND UNDERSTATED INFLATION AND
HIGHER PRICES THEREBY. IT’S REALLY QUITE INCREDIBLE THAT ANYONE
BELIEVES ANY OF THEIR B***S***!
http://albertpeia.com/debaseddollarfailedstrategy.htm
9-13-12
ELECTION MANIPULATION: NEW
PUMPING BEGINS!! { This is an especially
great opportunity to sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says something, does not
mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE
before the election, prospectively, already discounted many times over by the
‘markets, such as they are, ie., algo buy programs, etc.. ). All this and now ‘whatever’ is too little
and too late for the uss Titanic which has taken on too much, not water, but
b***s***. This was a desperate move, bespeaking desperation.The fact is things
are ominously so bad, and worse than ‘allowed’ to be seen for the moment, that
something as this QE which is economically and financially contraindicated and
a proven failure for all but the frauds on wall street along with their cohorts
including desperate politicos, is resorted to in desperation to divert
attention from their unequivocal failure. After all, though having cost so many
americans their jobs with wrong calls and policies, bernanke is trying to save
his own by inflating the markets (along with everything else, ultimately
hyperinflationary) for fellow failure
wobama’s sake (wobama rehired failure bernanke, President Romney would have
fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their term for
all you suckers). I further believe this contraindicated largess to the frauds
on wall street is to preserve his post fedship tenure job possibilities by
ingratiating himself even further with those nefarious, self-serving interest
groups. }
STOCKS ROCK...
FED TO USE $40 BILLION A MONTH FOR
BOND BUYING...
OPEN ENDED...
ROMNEY ASKED HIM NOT TO DO IT!
REPORT: Feds work month less per year
than private sector...
OBAMA GAFFE: WH CLARIFIES EGYPT NO
'ALLY' STATEMENT
ISRAELI ARAB OFFICIAL WARNS OF
'ARMAGEDDON'...
HILLARY TRIES TO COOL THE MOB...
State Dept alerts travelers...
Protesters storm American embassy in
Yemen...
US Flags Burned at Tunisia embassy...
New Clashes in Cairo...
Consulate in Berlin evacuated...
Iraqi militia threatens U.S.
interests...
'The Most Serious Challenge to
Obama'...
Median income lowest since 1995...
Lower class grows...
NEW CLASHES OUTSIDE US EMBASSY IN
CAIRO
9/11: AMERICANS KILLED IN LIBYA...
ATTACK 'COORDINATED'...
CIA SAW NO THREATS...
OBAMA WENT TO SLEEP NOT KNOWING WHAT
WAS HAPPENING THERE...
**WARNING** **GRAPHIC PHOTO**...
Romney campaign links attacks to
failed Middle East policies...
MSNBC asks: 'Who's More Dangerous,
the Supreme Leader in Tehran or Netanyahu?'
OBAMA OFF TO VEGAS...
CONVENTION BOUNCE GONE: O 46% R
45%...
U.S. AMBASSADOR TO LIBYA, 3 OTHERS,
KILLED IN ATTACK
American Ambassador 'Suffocated To
Death'...
**WARNING** **GRAPHIC PHOTO**...
Romney Calls Obama Response:
'Disgraceful'...
Muslims Attack US Embassies...
Mobs with guns and rocket-propelled
grenades...
FLASHBACK: Hillary Clinton boast on
Gaddafi: 'We came, we saw, he died'...
PROTEST: $9 gallon for gas in NY and
NJ...
Why did Obama use N-word to describe
his grandfather?
Suspected Bank Robbers Toss Cash Out
Window During Police Chase...
VIDEO... { A neighborhood nigger in response to a
reporter lauded the criminal acts of the armed niggers saying they brought cash
into the neighborhood where (other niggers) ‘people’ are hurting. Isn’t that
among the typical rationalizations that underlie every dastardly deed
perpetrated by the uncivilized niggers? The niggerized DOJ under holder/obama
similarly finds ways to rationalize not prosecuting as promised; ie., biggest
frauds on wall street, mfglobal/jon corzine, defense of and protection for
black panthers, etc.. How can people wonder why this nation’s crumbling? }
ROMNEY: 'Forwarned' is better than
'forward''... { Sampling
some of the network talking head roundtables over the weekend I was astounded
how many wobamanoid apologists talked up the dismal, paltry private jobs, many
part-time or low-pay, without mention of the record insurmountable $5 trillion
increase in the deficit to create them for the purpose of obfuscating wobama’s
blatantly failed performance as potus. Such people, either so partisan, so
unschooled in the relevant disciplines, so ill-prepared for the journalistic
task entrusted to them, literally have no defendable place in the field of real
journalism and are an embarrassment to all that journalism purports to be. }
DICK MORRIS: Obama Thugs Rough Up
GALLUP For Polls They Don't Like...
POLL: O 49% R 45%...
reuters/ipsos – the socialist/communist pollsters…they have a lot at stake…look
at their socialist europe and left-leaning city bases. Their polls can’t change
what already is!
DEMS SOFT ON WALL STREET CRIMES...
FLASHBACK: CARTER +4 OVER REAGAN IN
SEPT 1980 [+8 IN OCT]...
FLASHBACK: DUKAKIS +17 OVER BUSH
AFTER DNC 1988...
DICK MORRIS: Advantage Romney...
Where Would the S&P 500 Be
Without Fed Intervention? September
12, 2012 http://gainspainscapital.com http://albertpeia.com/snpfed.htm‘We’ve
entered a truly dangerous environment in the financial markets. Economic
fundamentals are deteriorating rapidly. Consider the US…By all counts, the
latest ISM (a measure of manufacturing in the US) was a complete and total
disaster. In August the ISM hit 49. Anything below 50 is considered a
recessionary rating.However, things are even worse below the surface., Things Are Getting Worse:
Median Household Income Has Fallen 4 Years In A Row http://albertpeia.com/thingsworseincomefalls4inarow.htm , Thanks Obama - The Terrorists
You Used To Topple Regimes In Egypt And Libya Are Now Attacking Our Embassies http://albertpeia.com/thankswoforblowback.htm , US Totalitarianism Loses Major
Battle As Judge Permanently Blocks NDAA's Military Detention Provision Zerohedge.com
US Totalitarianism Loses Major
Battle As Judge Permanently Blocks NDAA's Military Detention Provision Zerohedge.com Back in January, Pulitzer winning journalist Chris Hedges sued
President Obama and the recently passed National Defense Authorization Act,
specifically challenging the legality of the Authorization for Use of Military
Force or, the provision that authorizes military detention for people deemed to
have "substantially supported" al Qaeda, the Taliban or
"associated forces." Hedges called the president's action allowing
indefinite detention, which was signed into law with little opposition from either
party "unforgivable, unconstitutional and exceedingly dangerous."
He attacked point blank the civil rights farce that is the neverending
"war on terror" conducted by both parties, targetting whom exactly is unclear, but
certainly attaining ever more intense retaliation from foreigners such as the
furious attacks against the US consulates in Egypt and Libya. He asked
"why do U.S. citizens now need to be specifically singled out for military
detention and denial of due process when under the 2001 Authorization for Use
of Military Force the president can apparently find the legal cover to serve as
judge, jury and executioner to assassinate U.S. citizens." A few months
later, in May, U.S. District Judge Katherine Forrest ruled in favor of a temporary
injunction blocking the enforcement of the authorization for military
detention. Today, the war againt the true totalitarian terror won a decisive battle, when in a 112-opinion,
Judge Forrest turned the temporary injunction, following an appeal by the
totalitarian government from August 6, into a permanent one.
http://albertpeia.com/thingsworseincomefalls4inarow.htm
Drudgereport: 9-11-12 Median income lowest since 1995...
Lower class grows...
NEW CLASHES OUTSIDE US EMBASSY IN
CAIRO
9/11: AMERICANS KILLED IN LIBYA...
ATTACK 'COORDINATED'...
CIA SAW NO THREATS...
FOR FIVE HOURS, NO ONE KNEW WHERE
AMBASSADOR WAS...
BODY NOT RECOVERED FOR 12 HOURS...
OBAMA WENT TO SLEEP NOT KNOWING WHAT
WAS HAPPENING THERE...
**WARNING** **GRAPHIC PHOTO**...
Romney campaign links attacks to
failed Middle East policies...
MSNBC asks: 'Who's More Dangerous,
the Supreme Leader in Tehran or Netanyahu?'
White House gave 'mixed signals'...
Marines Headed to Libya to Reinforce
Security...
PAPER: How Media Turned Obama's
Foreign Policy Bungle into a Romney Gaffe...
Open mic catches reporters
coordinating questions...
OBAMA OFF TO VEGAS...
CONVENTION BOUNCE GONE: O 46% R
45%...
U.S. AMBASSADOR TO LIBYA, 3 OTHERS,
KILLED IN ATTACK
American Ambassador 'Suffocated To
Death'...
**WARNING** **GRAPHIC PHOTO**...
Romney Calls Obama Response:
'Disgraceful'...
Muslims Attack US Embassies...
Mobs with guns and rocket-propelled
grenades...
FLASHBACK: Hillary Clinton boast on
Gaddafi: 'We came, we saw, he died'...
PROTEST: $9 gallon for gas in NY and
NJ...
Why did Obama use N-word to describe
his grandfather?
Suspected Bank Robbers Toss Cash Out
Window During Police Chase...
VIDEO... { A neighborhood nigger in response to a
reporter lauded the criminal acts of the armed niggers saying they brought cash
into the neighborhood where (other niggers) ‘people’ are hurting. Isn’t that
among the typical rationalizations that underlie every dastardly deed
perpetrated by the uncivilized niggers? The niggerized DOJ under holder/obama
similarly finds ways to rationalize not prosecuting as promised; ie., biggest
frauds on wall street, mfglobal/jon corzine, defense of and protection for
black panthers, etc.. How can people wonder why this nation’s crumbling? }
ROMNEY: 'Forwarned' is better than
'forward''... { Sampling
some of the network talking head roundtables over the weekend I was astounded
how many wobamanoid apologists talked up the dismal, paltry private jobs, many
part-time or low-pay, without mention of the record insurmountable $5 trillion
increase in the deficit to create them for the purpose of obfuscating wobama’s
blatantly failed performance as potus. Such people, either so partisan, so
unschooled in the relevant disciplines, so ill-prepared for the journalistic
task entrusted to them, literally have no defendable place in the field of real
journalism and are an embarrassment to all that journalism purports to be. }
DICK MORRIS: Obama Thugs Rough Up
GALLUP For Polls They Don't Like...
POLL: O 49% R 45%...
reuters/ipsos – the socialist/communist pollsters…they have a lot at stake…look
at their socialist europe and left-leaning city bases. Their polls can’t change
what already is!
DEMS SOFT ON WALL STREET CRIMES...
FLASHBACK: CARTER +4 OVER REAGAN IN
SEPT 1980 [+8 IN OCT]...
FLASHBACK: DUKAKIS +17 OVER BUSH
AFTER DNC 1988...
DICK MORRIS: Advantage Romney...
REPORT: GOV'T MOTORS LOSES
$49,000 ON EACH CHEVY VOLT...
'The Democrats' GM Fiction'...
Pentagon buys hundreds to 'green up'
military...
8.1%
+96,000
368,000 DROPPED OUT
88,921,000 'NOT IN LABOR FORCE'
Milbank: Demigod falls to earth...
{ After four years of unbridled, unfounded, blind faith in and defense of
wobama the b for b***s***, it truly makes my heart soar to see Mr. Milbank
finally walk into the light! Indeed, David Bowie (Nicholas Roeg’s ‘Man Who Fell
to Earth’), wobama is not; not that even David Bowie could have
siphoned/drained the vote as did grifter/conman/parasite obama. Yet, it cannot
be denied that nobody, no news organization, not even a government agency did
their homework in vetting this complete and utter fraud called ‘barack obama’!
} ‘…After a couple of nights at the Time Warner Cable
Arena, the convention was to have closed with President Obama’s acceptance
speech at the Bank of America Stadium, where convention officials were planning
to squeeze nearly 6,000 seats onto the field to expand the stadium’s capacity
beyond its usual 74,000. But the speedway event was canceled
— ostensibly because of logistical problems but more likely because convention fundraising was
running low. Then the Democrats canceled the stadium event
in favor of the smaller arena — ostensibly because of “severe thunderstorm”
concerns but more likely because they couldn’t be sure enough people would come
to fill the stadium.In fact, the forecast hadn’t called for severe weather, and
conditions were fine Thursday night. The change caused thousands to be turned away,
and the crush of crowds at the arena led authorities at one point to lock down
the building for a second straight night – leaving some delegates on the street
while lobbyists enjoyed the proceedings inside…’
CLINT SPEAKS: Obama 'greatest hoax
ever perpetrated on American people'... { I think Clint is too kind
in euphemistically referring to and characterizing wobama as merely a hoax as
opposed to the indisputable fraud, grifter, conman that obama most certainly
is! }
White House to miss deadline for
report on 'fiscal cliff' budget cuts...
O: I'M NOT DONE YET { He’s
done! }
Dave’s Daily: http://www.etfdigest.com
‘MARKETS IN WAITING GAME
9-11-12 It was a mix of news
Tuesday. The featured story was Moody’s stating they’ll be cutting the U.S.
rating one notch if politicians can’t agree on debt reduction plans. Germany’s Schauble
piled on stating U.S. debt to GDP ratio was much too high.
‘Yesterday we worked through the illusion
to the reality of the ECB’s “unlimited”
bond purchases, the end result being that we discovered the ECB:
1) Didn’t announce anything new
2) Is implementing the same policies it’s
tried twice before with no success (see Greece)
3) Is implementing policies that neither Spain nor
Italy will go for…
And finally…
4) Has solved nothing due to the fact that of the two
mega-bailout funds, one has only €65 billion in firepower left and the
other has yet to be ratified by Germany
http://albertpeia.com/debaseddollardown.htm
‘The mainstream media in the United States is almost
totally ignoring one of the most important trends in global economics.
This trend is going to cause the value of the U.S. dollar to fall dramatically
and it is going to cause the cost of living in the United States to go way up… If we keep debasing our
currency like this, at some point the rest of the world is going to decide that
China and Russia have been right all along and that we need a new global
reserve currency.That day is coming. It might not come tomorrow or next
week or next month but it is definitely coming.
Once
the U.S. dollar loses reserve currency status, that will be a major turning
point in the history of our country. We will never fully recover from
that, and we will never get back to the same level of prosperity that we are
enjoying today.So enjoy spending those dollars while you can. The party
is almost over.’
September 11 – Eleven Years
Later (Selected Statistics)
ZeroHedge.com On the anniversary
of the most emotional day in our collective memory, here are some key
statistics in the interest of truth, justice and the American way: http://albertpeia.com/september11stats.png
September 11 – Eleven Years Later (Selected
Statistics)
ZeroHedge.com On the anniversary
of the most emotional day in our collective memory, here are some key
statistics in the interest of truth, justice and the American way: http://albertpeia.com/september11stats.png , Guest Post:
De-Industrialisation And Male Jobs
, In Response To Japanese
"Antagonism" Over Senkaku Islands, China Dispatches Two Patrol Ships { Wow! Looks like war between China and
Japan …
Just kidding…Japan
versus the 800 pound gorilla in the world?…Japanese command of math/probabilities is not that
bad! } , Guest Post: Who Moved My
Recession? Lakshman Achutan,
ECRI (Economic Cycle Research Institute) made a recession call for the US on September 30, 2011
(and confirmed it multiple times since then). Gary Shilling, titling his August
letter “Global
Recession”,
says “We are already in a global
recession {This is correct!
}
Drudgereport: 9-11-12 MOODY'S WARNS: US CREDIT RATING COULD
BE CUT...
Germany: 'Great Uncertainty' About US Debt...
STRIKING TEACHERS BEGIN TO TURN ON
PRESIDENT...
Obama On Track To Have Worst Job
Record Since WWII...
Spies press for renewal of broad
electronic surveillance law...
MOB STORMS EMBASSY IN CAIRO...
TEAR DOWN AMERICAN FLAG...
BLACK FLAG RAISED...
'There is no God
but Allah and Mohammad is his messenger'...
FLASH: US consulate in Libya set on
fire...
ROMNEY: 'Forwarned' is better than
'forward''... { Sampling
some of the network talking head roundtables over the weekend I was astounded
how many wobamanoid apologists talked up the dismal, paltry private jobs, many
part-time or low-pay, without mention of the record insurmountable $5 trillion
increase in the deficit to create them for the purpose of obfuscating wobama’s
blatantly failed performance as potus. Such people, either so partisan, so
unschooled in the relevant disciplines, so ill-prepared for the journalistic
task entrusted to them, literally have no defendable place in the field of real
journalism and are an embarrassment to all that journalism purports to be. }
DICK MORRIS: Obama Thugs Rough Up
GALLUP For Polls They Don't Like...
POLL: O 49% R 45%...
reuters/ipsos – the socialist/communist pollsters…they have a lot at stake…look
at their socialist europe and left-leaning city bases. Their polls can’t change
what already is!
DEMS SOFT ON WALL STREET CRIMES...
FLASHBACK: CARTER +4 OVER REAGAN IN
SEPT 1980 [+8 IN OCT]...
FLASHBACK: DUKAKIS +17 OVER BUSH
AFTER DNC 1988...
DICK MORRIS: Advantage Romney...
REPORT: GOV'T MOTORS LOSES
$49,000 ON EACH CHEVY VOLT...
'The Democrats' GM Fiction'...
Pentagon buys hundreds to 'green up'
military...
8.1%
+96,000
368,000 DROPPED OUT
88,921,000 'NOT IN LABOR FORCE'
Milbank: Demigod falls to earth...
{ After four years of unbridled, unfounded, blind faith in and defense of
wobama the b for b***s***, it truly makes my heart soar to see Mr. Milbank
finally walk into the light! Indeed, David Bowie (Nicholas Roeg’s ‘Man Who Fell
to Earth’), wobama is not; not that even David Bowie could have siphoned/drained
the vote as did grifter/conman/parasite obama. Yet, it cannot be denied that
nobody, no news organization, not even a government agency did their homework
in vetting this complete and utter fraud called ‘barack obama’! } ‘…After a couple of nights at the Time Warner Cable
Arena, the convention was to have closed with President Obama’s acceptance
speech at the Bank of America Stadium, where convention officials were planning
to squeeze nearly 6,000 seats onto the field to expand the stadium’s capacity
beyond its usual 74,000. But the speedway event was
canceled — ostensibly because of logistical problems but more likely
because convention fundraising was running
low. Then the Democrats canceled the stadium event
in favor of the smaller arena — ostensibly because of “severe thunderstorm”
concerns but more likely because they couldn’t be sure enough people would come
to fill the stadium.In fact, the forecast hadn’t called for severe weather, and
conditions were fine Thursday night. The change caused thousands to be turned away,
and the crush of crowds at the arena led authorities at one point to lock down
the building for a second straight night – leaving some delegates on the street
while lobbyists enjoyed the proceedings inside…’
CLINT SPEAKS: Obama 'greatest hoax
ever perpetrated on American people'... { I think Clint is too kind
in euphemistically referring to and characterizing wobama as merely a hoax as
opposed to the indisputable fraud, grifter, conman that obama most certainly
is! }
White House to miss deadline for
report on 'fiscal cliff' budget cuts...
O: I'M NOT DONE YET { He’s
done! }
Super Mario’s Big Bluff
http://albertpeia.com/supermariosbigbluff.htm ‘… In
closing, the new ECB program will ultimately prove to be Mario Draghi’s big
bluff. By presenting an old, failed program as something “new” and “unlimited”
in scope, the ECB has actually shown that it’s essentially out of firepower. Indeed, consider the following…The ECB
says it will buy EU sovereign bonds if EU nations apply for bailouts from the
EFSF. Spain and Italy (the very countries that need bailouts) are meant to
supply 30% of the EFSF’s funding.So this new program involves Spain and
Italy bailing themselves out, while simultaneously implementing austerity
measures so the ECB will buy their sovereign bonds?!?!Oh, and by the way,
the EFSF only has €65 billion in funding left. That will definitely be enough
to bailout Spain and Italy, seeing as Greece has received over €200 billion in
bailouts is still imploding.On that note, if you are not preparing for a
bloodbath in the markets, now is the time to do so. The reality is that the
Central Banks are fast losing their grip on the markets. They’ll never admit
this publicly, but I can assure you that Bernanke and pals are scared stiff by
what’s happening in the banking system right now…’
The Student Loan Debt Bubble
Is Creating Millions Of Modern Day Serfs http://albertpeia.com/studentloandebtserfs.htm , The Real Unemployment Numbers
Are Worse Than You Are Being Told
http://albertpeia.com/realunemploymentnumbersmuchworse.htm , The Historic Demise Of The
Ever-Shrinking Dollar: An Infographic ZeroHedge.com The
almighty Dollar is looking less mighty these days. By almost every measure, the
purchasing power of the US Dollar is in precipitous decline. The following
infographic, whose contents should be well-known to our readers, visualizes the
sad state of affairs that the average American seems to have ignored for far
too long. And since the whole world is now engaged in the 4th year of all out
currency debasement one can safely channel Lester Burnham and say it's
"all downhill from here."
http://albertpeia.com/studentloandebtserfs.htm
http://albertpeia.com/realunemploymentnumbersmuchworse.htm
ROMNEY: 'Forwarned' is better than
'forward''... { Sampling
some of the network talking head roundtables over the weekend I was astounded
how many wobamanoid apologists talked up the dismal, paltry private jobs, many
part-time or low-pay, without mention of the record insurmountable $5 trillion
increase in the deficit to create them for the purpose of obscuring wobama’s
blatantly failed performance as potus. Such people, either so partisan, so
unschooled in the relevant disciplines, so ill-prepared for the journalistic
task entrusted to them, literally have no defendable place in the field of real
journalism and are an embarrassment to all that journalism purports to be. }
DICK MORRIS: Obama Thugs Rough Up
GALLUP For Polls They Don't Like...
POLL: O 49% R 45%...
reuters/ipsos – the socialist/communist pollsters…they have a lot at stake…look
at their socialist europe and left-leaning city bases. Their polls can’t change
what already is!
DEMS SOFT ON WALL STREET CRIMES...
FLASHBACK: CARTER +4 OVER REAGAN IN
SEPT 1980 [+8 IN OCT]...
FLASHBACK: DUKAKIS +17 OVER BUSH
AFTER DNC 1988...
DICK MORRIS: Advantage Romney...
REPORT: GOV'T MOTORS LOSES
$49,000 ON EACH CHEVY VOLT...
'The Democrats' GM Fiction'...
Pentagon buys hundreds to 'green up'
military...
Gun Sales Surging...
Woodward: A president cornered...
MAG: An Overdose of Hope...
OBAMA PIZZA MAN PLEADS: DON'T BOYCOTT
ME!
CHICAGO TEACHERS WALK OUT...
Turn Down 16% Pay Raise...
Have Highest Average Salary In
Nation...
Average $76,000 per year before benefits...
SCHOOLS OPEN -- BUT JUST TO SERVE
FREE MEALS...
400,000 STUDENTS UNLEASHED...
Cops Pour Onto Streets'...
8.1%
+96,000
368,000 DROPPED OUT
88,921,000 'NOT IN LABOR FORCE'
Milbank: Demigod falls to earth...
{ After four years of unbridled, unfounded, blind faith in and defense of
wobama the b for b***s***, it truly makes my heart soar to see Mr. Milbank
finally walk into the light! Indeed, David Bowie (Nicholas Roeg’s ‘Man Who Fell
to Earth’), wobama is not; not that even David Bowie could have
siphoned/drained the vote as did grifter/conman/parasite obama. Yet, it cannot
be denied that nobody, no news organization, not even a government agency did
their homework in vetting this complete and utter fraud called ‘barack obama’!
} ‘…After a couple of nights
at the Time Warner Cable Arena, the convention was to have closed with
President Obama’s acceptance speech at the Bank of America Stadium, where
convention officials were planning to squeeze nearly 6,000 seats onto the field
to expand the stadium’s capacity beyond its usual 74,000. But the speedway event was
canceled — ostensibly because of logistical problems but more likely
because convention fundraising was
running low. Then the Democrats canceled the stadium event
in favor of the smaller arena — ostensibly because of “severe thunderstorm”
concerns but more likely because they couldn’t be sure enough people would come
to fill the stadium.In fact, the forecast hadn’t called for severe weather, and
conditions were fine Thursday night. The change caused thousands to be turned away,
and the crush of crowds at the arena led authorities at one point to lock down
the building for a second straight night – leaving some delegates on the street
while lobbyists enjoyed the proceedings inside…’
CLINT SPEAKS: Obama 'greatest hoax
ever perpetrated on American people'... { I think Clint is too kind
in euphemistically referring to and characterizing wobama as merely a hoax as
opposed to the indisputable fraud, grifter, conman that obama most certainly
is! }
White House to miss deadline for
report on 'fiscal cliff' budget cuts...
O: I'M NOT DONE YET { He’s
done! }
NOONAN: 'Stale and empty... he is out
of juice'...
OBAMA
HAMMERED IN FIRST REVIEWS...
FROM THE LEFT: TOMASKY: Pedestrian
and Overconfident...
FROM THE RIGHT: KRAUTHAMMER: 'One Of
The Emptiest I Have Ever Heard'...
AP: Obama and the phantom peace
dividend...
9-7-12 Dave’s Daily: http://www.etfdigest.com
‘A SPOONFUL OF SUGAR HELPS THE
MEDICINE GO DOWN’ 9-7-12 { It really must be emphasized/said, and it
has been said infra*, that the west generally, and the u.s. especially, have
become unmistakably banana republics meeting all criteria by which such failed
forms of political/economic ‘organization’ are denoted. The consistent and
persistent focus on the totally fraudulent, manipulated stock markets,
fraudulent wall street particularly with contraindicated, failed QE for benefit
of wall street frauds only, to the detriment of literally everyone else, viz.,
taxpayers, main street, etc., has become nothing short of criminally
insane! [ ECB INTERVENTION COMMENT DU
JOUR: "CLASSIC BANANA REPUBLIC BANKING" Submitted
by Tyler Durden on
09/06/2012 http://albertpeia.com/classicbananarepublicbanking.htm . { It bears
repeating that never in history have the markets become so disconnected from
fundamental finance, valuation, and reality and so completely and utterly
fraudulent. I believe that computerization facilitating multiple frauds at
lightning speed, over and over again and again along with re-hypothecation of
already worthless paper at similar speeds is in part the reason for the
prevalence of such fraud along with the breakdown of american among other
societies into what yesteryear would have been scorned as ‘banana republics’
without any meaningful rules of law whatsoever and pervasive, almost blatant, corruption
at every level. (This is not to blame
computers for the bad use they’re put to.) Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite some time now and is quite a pathetic
scenario! } Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s
Blog | Just different
bananas perhaps? ] } ‘The ugly employment report of only 96K new
jobs vs 125K expected hit markets like a spoonful of sugar—Uncle Sugar. The
numbers couldn’t be worse which is why ADP Data and Jobless Claims the previous
day doesn’t mean a thing. Ninety million are not in the labor force, 368K
people have dropped out of the workforce and the participation rate for men is
the lowest since 1948 when most of current readers hadn’t been born. Even the
previous data was reduced from 163K to 141K meaning next month’s numbers should
be taken with a grain of salt, and not sugar. Forget the slightly lower
unemployment rate since with so many dropping off the rolls the real rate is
closer to 12% than 8.1%, and that’s generous.
Dave’s Daily: http://www.etfdigest.com ‘A SPOONFUL
OF SUGAR HELPS THE MEDICINE GO DOWN’
9-7-12 { It really must be
emphasized/said, and it has been said infra*, that the west generally, and the
u.s. especially, have become unmistakably banana republics meeting all criteria
by which such failed forms of political/economic ‘organization’ are denoted.
The consistent and persistent focus on the totally fraudulent, manipulated
stock markets, fraudulent wall street particularly with contraindicated, failed
QE for benefit of wall street frauds only, to the detriment of literally
everyone else, viz., taxpayers, main street, etc., has become nothing short of
criminally insane! [ ECB INTERVENTION
COMMENT DU JOUR: "CLASSIC BANANA REPUBLIC BANKING" Submitted by Tyler Durden on 09/06/2012 http://albertpeia.com/classicbananarepublicbanking.htm . { It bears
repeating that never in history have the markets become so disconnected from
fundamental finance, valuation, and reality and so completely and utterly
fraudulent. I believe that computerization facilitating multiple frauds at
lightning speed, over and over again and again along with re-hypothecation of
already worthless paper at similar speeds is in part the reason for the
prevalence of such fraud along with the breakdown of american among other
societies into what yesteryear would have been scorned as ‘banana republics’
without any meaningful rules of law whatsoever and pervasive, almost blatant,
corruption at every level. (This is
not to blame computers for the bad use they’re put to.) Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite some time now and is quite a pathetic
scenario! } Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s
Blog | Just different
bananas perhaps? ] } ‘The ugly employment report of only 96K new
jobs vs 125K expected hit markets like a spoonful of sugar—Uncle Sugar. The
numbers couldn’t be worse which is why ADP Data and Jobless Claims the previous
day doesn’t mean a thing. Ninety million are not in the labor force, 368K
people have dropped out of the workforce and the participation rate for men is
the lowest since 1948 when most of current readers hadn’t been born. Even the
previous data was reduced from 163K to 141K meaning next month’s numbers should
be taken with a grain of salt, and not sugar. Forget the slightly lower
unemployment rate since with so many dropping off the rolls the real rate is
closer to 12% than 8.1%, and that’s generous.
*[ ECB INTERVENTION COMMENT DU JOUR: "CLASSIC BANANA REPUBLIC
BANKING" Submitted by Tyler Durden on 09/06/2012 http://albertpeia.com/classicbananarepublicbanking.htm . { It bears
repeating that never in history have the markets become so disconnected from
fundamental finance, valuation, an reality and so completely and utterly
fraudulent. I believe that computerization facilitating multiple frauds at
lightning speed, over and over again and again along with re-hypothecation of
already worthless paper at similar speeds is in part the reason for the
prevalence of such fraud along with the breakdown of american among other
societies into what yesteryear would have been scorned as ‘banana republics’ without any meaningful rules of law
whatsoever and pervasive, almost blatant, corruption at every level. (This is not to blame
computers for the bad use they’re put to.) Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience
for quite some time now and is quite a pathetic scenario! } Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog | Just different bananas perhaps? [ Of course this
is absolutely true! And not just from the meaningfully lawless perspective – I had made such a
statement on the record in a LA Superior Court Appellate Dept. proceeding in
which said court literally ignored the law (the same is true of the costly,
plushly accoutered lifetime appointee federal courts) which corrupt courts
should indeed be abolished in these difficult economic / budgetary times.
Additionally, from pervasive corruption, to debased over-printed currency, to
gunboat diplomacy, to total incompetence, etc., america is indeed a banana
republic at most.] Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience
for quite some time now and is quite a pathetic scenario! } Legal precedent means nothing. Rule of law means
nothing. Free speech means nothing. Their own treaties mean nothing. It’s
unbelievable. Anyone in the west who honestly thinks he’s still living in a
free society is either a fool or completely out of touch. If that seems
too radical an idea, consider that ECUADOR is now the only nation which
stands to defend freedom and human rights against an assault from the
United States, the United Kingdom, and their spineless allies. The west
has just become a giant banana republic. Have you hit your breaking point
yet? If not now… when? { { I’m really constrained to
interject my own direct experience with the FBI here; and, I must say I do so
lamentably. If you want no real results vis-à-vis organized crime which now extends
to the upper reaches, highest levels of the corrupt u.s. government, go to the
FBI. I discounted the new jersey FBI as just typical corrupt, mob infested
jersey which thinks in terms of discos/casinos. But, truth be told, they never
ask the ‘tough’ questions of the biggest
criminals; ie., the biggest wall street frauds, cia connected illegal ‘drug ops’ (ops…riiiiight), federal
judges ie., trump barry, shiff, alito, etc.; but, they did go after Martha
Stewart in a very big way over a $45,000 transaction. Wow! You can’t make this stuff up. I
also don’t
believe their (understated) crime stats for even a second. I’m beginning to feel
foolish for having even put my full faith and trust in them, much less the ‘federal (judicial) system’ who share the ‘same employer’; and, despite my
antipathy for the mob, probably would have fared ‘more fairly’ with the mobsters
directly who seem to have at least some sense of the magnitude of the fraud
involved and the pervasive corruption of the system and government and maybe a
semblance of honor in this nation of protracted decline. It never would have
occurred to me back when for me, such a choice/decision was clear-cut and
simple. Such a course as mine I no longer could recommend inasmuch as there is
little difference between state/government sponsored crime/corruption and that
perpetrated by other criminal elements, from my direct experience with both,
infra: Debauchery: An American
specialty In the land of Lindsay Lohan and Snooki, some
federal workers reflect our culture all too well. (Washington Post) [ Lindsay
Lohan? Come on Mr. Milbank, hands off the low hanging fruit. She’s totally harmless.
Jersey ‘italian’ snooki? In mob infested
new jersey, who knows (one of the properties in my proceedings for which
surplus funds are unaccounted for was a 2 bedroom 1 and 1/2 bath condominium in
seaside heights, n.j.). But debauchery an american specialty? Another rare
instance wherein I agree with Mr. Milbank completely. 25 Signs That America Is A
Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm
. Review of flawed forensics
held close to vest EXCLUSIVE | Documents and interviews show
FBI and Justice Department officials took steps to control information
uncovered by a task force designed to examine cases involving discredited
agents. Many defendants were never notified of flaws in cases. ‘Simply unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct involvement in
the illegal drug trade). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf .
We all can infer sam alito’s reward / quid pro quo for his cover-up by his
current position on the u.s. supreme court. There was never a
question as to maryanne trump barry’s interest in corrupting the judicial process as
related to her brother’s (trump) casinos. Jersey city boy louis freeh,
labeled by former Prosecutor Larry Klaiman as the most corrupt FBI director
ever (see infra, mueller seems no different, and certainly holder’s impeachable actions and
corrupt behavior/cover-ups fit the mold, ie., fast and furious, race bias
favoring blacks, etc.) apparently covered up the RICO violations as sent to
him, and, with italian citizenship and lucrative insider deals fits the bill.
The FBI Agent Jeff Hayes of the Long Beach Office with whom I reviewed the RICO
documents and confirmed same as indicative of (drug) money laundering was
transferred shortly after meeting with him, as has been so of FBI Agent Bill
Lewis (promoted to Washington FBI headquarters) with whom I discussed the RICO
matter and case disks/dvd’s sent to the LA FBI office (they printed the documents
thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los Angeles (see
infra). So, as regards FBI flaws, coverup, etc., I have to believe it based on
my own experience and reasonable inference. I’m currently being ‘stonewalled’ by the LA FBI office
since the departure of FBI Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN,
LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
Jul 31, 2000 – Judicial Watch is a public-interest law firm that fights corruption in government. To read Larry Klayman's letter to Louis Freeh, ...
... security," said JW Chairman Larry Klayman. "His behavior stands in stark contrast to Louis Freeh, a man so corrupt he destroyed the office he led, ...
“Louis Freeh will finally have to answer in court for what he did to our clients. ... answers,” stated Judicial Watch Chairman and General Counsel Larry Klayman. ...
Klayman, Larry, Chairman, Judicial Watch ... My name is Larry Klayman. ... interest group that investigates and prosecutes government corruption and abuse. ...... They seized his computer – these are FBI agents at the direction of Louis Freeh, ...
May 3, 2001 – Because of his corrupt behavior, Freeh was placed on Judicial Watch's ... stated Judicial Watch Chairman and General Counsel Larry Klayman. ...
May 27, 2000 – By Larry Klayman ... While Judicial Watch has asked FBI Director Louis Freeh to .... lawsuits against a corrupt and unrepentant Clinton-Gore ...
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit
cover-up / fraud on the part of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven
M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear
Sir:
I enclose
herewith 3 copies of the within DVD rom autorun disk (which will open in your
computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document
in 5 pages under penalty of perjury I was asked to forward to the FBI office in
New Haven is probably the best and most concise summary of the case RICO
Summary to FBI Under Penalty of Perjury at Their Request (5
pages) [ ricosummarytoFBIunderpenaltyofperjury.pdf
http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The
correspondence I received from the Congresswoman by way of email attachment
(apparent but typical problem with my mail) along with my response thereto is
included on the 3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to
the LA office and I was referred to the Long Beach, CA office where I
personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary
documents of the money laundering which he confirmed as indicative of same (he
was transferred from said office within approximately a month of said meeting
and his location was not disclosed to me upon inquiry). The matter was assigned
to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement related
to the case and parenthetically, Rudy Giuliani whose father I stated had been
an enforcer for the mob to which he registered disbelief and requested I prove
it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In
contradistinction to the statement in said correspondence, there is a plethora
of information including evidence supporting the claims set forth in
the RICO VERIFIED COMPLAINT
(see infra). Such includes and as set forth in the case, inter alia,
· A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which could be used for payment to creditors, Los Angeles, etc..
· Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
· The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever by the court’s deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
· Defendant Coan had filed an action against me to prevent me from suing him which necessitated me to fly to Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District of Connecticut, who denied Coan’s requested relief as to Coan but precluded my action against Shiff (although there is no immunity, judicial or otherwise, for criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) . [ transcript in pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf ]
· Newly appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.
· Probative and evidentiary documents, affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met personally at the U.S. Attorney’s Office in Newark, N.J., at which time Samuel Alito was U.S. Attorney, and went over said documents and their probative value with him. Within approximately a month thereafter upon inquiry I was told that Jonathon Lacey was no longer with the office, that the file/documents could not be located, and that there was no further information available concerning contacting him or his location. I thereupon delivered by hand, copies of said documents to the office of then U.S. Attorney Alito, addressed to him, with assurance they would go directly to him. In addition to being inept [ I looked in on the one mob case he had brought, bungled, lost (accidently on purpose?) since I was suing some mob-connected under RICO and the court (I had known / previously met outside of court the judge Ackerman through a client) was absolute bedlam and a total joke since incompetent corrupt Alito brought in all 20 mob defendants (rather than prosecute one or a few to flip them first) who feigning illness had beds/cots in the courtroom along with their moans during testimony and had the jury in stitches. As much as I hate the mob, it truly was funny, if not so tragic.], Alito is also corrupt (and maybe corrupt because he is inept). After a reasonable (but still rather short) time I called to determine the status and was told that Alito was no longer with the Office of the U.S. Attorney, that he was (appointed) a federal judge, and that neither the documents nor any file or record of same could be located. Alito did parley the same / cover-up into quid pro quo direct lifetime appointment to the Court of Appeals, 3rd circuit, despite the absence of judicial experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is the same Sam Alito that now sits on the purported highest court in the land. The real application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with the
line, computer connection may be the reason but I hesitate to chance greater
non-performance / worsening by their ‘fix’ so cell phone best for contact).{recent change
323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr.
Peia:
Thank you for
being in touch. As we continue the busy first session of the 112th
Congress, I want you to know that I am grateful for the various times you have
shared your thoughts and concerns with me on different issues. Please be
assured that your voice is being heard and that your perspective helps me to
better represent you in Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription for ‘economic doldrums’, euphemistically speaking (there are articles/studies/data that dispute the purported effectiveness of the widely hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian way’ is certainly no longer a prudent approach today in light of the insurmountable debt levels of nations worldwide and in america particularly along with the concomitant over-printed, debased ‘paper currencies’ to finance same. Quite simply, there simply is not enough real value being created for redistribution, a situation exacerbated by the parasitic lightening fast, computerized churn and earn high frequency trading programs on fraudulent wall street (they should be prosecuted, jailed, fined, and disgorgement imposed for extant frauds in the trillions now marked to anything as per misguided legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke …The government’s total indebtedness is $211 trillion’. 43,454,601,693,238 Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ] .This is the consequence of a structural shift fed by greed and misguided policy and cannot be undone (transfer of productive capacity to ie., China, etc., ‘the bell cannot be unrung’). That said which militates against such an extension, this is an election year which probabilities suggest makes highly likely the passage of the extension. I favor your co-sponsored legislation and before the holidays simply in the name and spirit of Christmas and for no other reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s ‘more war spending (Keynesian) position’ and an article regarding the folly of same. Immediately following is from my prior post to you concerning something of such manageable proportion and well within the government’s ability to resolve (if the government can’t accomplish this consistent with law and long overdue, then there isn’t anything the government can accomplish), along with other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal drug trade. In fact, many researchers reveal that the war on drugs is only utilized to control and monopolize the illicit drug trade. The US government has been caught multiple times shipping in cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now openly protects and transports opium from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In fact, Global Research points out that in 2001, “according to UN figures, opium production had fallen to 185 tons. Immediately following the October 2001 US led invasion, production increased dramatically, regaining its historical levels.” This month, the U.N. announced that Afghanistan now provides 93% of the world’s opium production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons. Although the empire tries to keep it secret, they can’t hide the hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters
PF Louis
| The hypocrisy of the war on drugs is centers on the amount of drug
trafficking that benefits the CIA and international banking system. Natural News
February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu Post date:
06/07/2012 The end game of this global monetary crisis is the imposition of a
100% digital monetary system that would permanently end what little economic
freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
9-7-12 8.1%
+96,000
FED SET TO PUMP
368,000 DROPPED OUT
88,921,000 'NOT IN LABOR FORCE'
Milbank: Demigod falls to earth...
{ After four years of unbridled, unfounded, blind faith in and defense of
wobama the b for b***s***, it truly makes my heart soar to see Mr. Milbank
finally walk into the light! Indeed, David Bowie (Nicholas Roeg’s ‘Man Who Fell
to Earth’), wobama is not; not that even David Bowie could have
siphoned/drained the vote as did grifter/conman/parasite obama. Yet, it cannot
be denied that nobody, no news organization, not even a government agency did
their homework in vetting this complete and utter fraud called ‘barack obama’!
} ‘…After a couple of nights
at the Time Warner Cable Arena, the convention was to have closed with
President Obama’s acceptance speech at the Bank of America Stadium, where
convention officials were planning to squeeze nearly 6,000 seats onto the field
to expand the stadium’s capacity beyond its usual 74,000. But the speedway event was
canceled — ostensibly because of logistical problems but more likely
because convention fundraising was
running low. Then the Democrats canceled the stadium event
in favor of the smaller arena — ostensibly because of “severe thunderstorm”
concerns but more likely because they couldn’t be sure enough people would come
to fill the stadium.In fact, the forecast hadn’t called for severe weather, and
conditions were fine Thursday night. The change caused thousands to be turned away,
and the crush of crowds at the arena led authorities at one point to lock down
the building for a second straight night – leaving some delegates on the street
while lobbyists enjoyed the proceedings inside…’
CLINT SPEAKS: Obama 'greatest hoax
ever perpetrated on American people'... { I think Clint is too kind
in euphemistically referring to and characterizing wobama as merely a hoax as
opposed to the indisputable fraud, grifter, conman that obama most certainly
is! }
White House to miss deadline for
report on 'fiscal cliff' budget cuts...
O: I'M NOT DONE YET { He’s
done! }
NOONAN: 'Stale and empty... he is out
of juice'...
OBAMA
HAMMERED IN FIRST REVIEWS...
FROM THE LEFT: TOMASKY: Pedestrian and
Overconfident...
FROM THE RIGHT: KRAUTHAMMER: 'One Of
The Emptiest I Have Ever Heard'...
AP: Obama and the phantom peace
dividend...
'VOTE BLACK'/‘VOTE NIGGER’ BUTTONS HIT CONVENTION HALL...
WOODWARD: White House so stunned by
2010 GOP triumph, it didn't even have Boehner's phone number...
Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The
point is that you don’t have to love Romney but you at least have to like
yourself in saying ‘NO!’ to more wobama b***s*** which is all that he is. Have
some self-respect. His grade is unequivocally ‘F’ for failure, having failed to
do as promised which coincidentally is a direct cause among others of this
debacle called america’s dark obama years. All the talk/b***s*** cannot change
that reality. }
Poll: R 48% O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to
43%...
http://albertpeia.com/40statsyourenotbetteroff.htm
9-6-12 O: I'M NOT DONE YET { He’s
done! }
NOONAN: 'Stale and empty... he is out
of juice'...
OBAMA HAMMERED IN FIRST REVIEWS...
FROM THE LEFT: TOMASKY: Pedestrian
and Overconfident...
FROM THE RIGHT: KRAUTHAMMER: 'One Of
The Emptiest I Have Ever Heard'...
AP: Obama and the phantom peace
dividend...
Reporters Using 'Fake Names' to Buy
Campaign Merchandise and Donate at DNC...
DNC delegates: Let's ban corporate
profits!
Greek unemployment rises to 24.4%...
Separatism threatens future of
Spain...
Hungarian Leader 'Unfriends' IMF on
His FACEBOOK Page, Rejects Tough Loan Conditions...
REPORT: San Antonio Mayor Castro
'Doesn't Really Speak Spanish,' Had To Hire Tutor...
Lobotomy
Joe’s derivative, hypothetical endorsement from ‘One Step Beyond’: 'My dad respected Barack Obama - would've respected Barack Obama
if he'd been around'...
UPDATE: Woman Who Contracted
Flesh-Eating Bacteria From Dog Saliva Dies...
'VOTE BLACK'/‘VOTE NIGGER’ BUTTONS HIT CONVENTION HALL...
WOODWARD: White House so stunned by
2010 GOP triumph, it didn't even have Boehner's phone number...
Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to
love Romney but you at least have to like yourself in saying ‘NO!’ to more
wobama b***s*** which is all that he is. Have some self-respect. His grade is
unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }
Poll: R 48% O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to
43%...
Submitted by Tyler Durden on
09/05/2012 That the SEC is
the most incompetent, corrupt, irrelevant and captured organization
"serving" the US public is known by everyone. And while the details
of the SEC's glaring lack of capacity to do anything to restore
investor confidence in the capital markets, which has become a casino used
exclusively by Wall Street to defraud any retail investor still stupid enough
to play (which lately a moot point as there have been no material retail
inflows into mutual funds in over three years), are scattered, courtesy of
Bloomberg we now have the best summary of just how the utterly clueless SEC is
a muppet plaything of Wall Street, and together with it, the "grand
regulation" that was supposed to keep Wall Street in check, is nothing but
what Wall Street demand it to be, and forced the SEC, way over its head on
regulation, to accept every change, that the very banks that are supposed to be
regulated, demands as part of Dodd-Frank reforms. In short: everything we know
about Wall Street 'regulation' has been a farce, and a lie, exclusively thanks
to corruption rampant at the now documentedly incompetent Securities And
Exchange Commission.
http://albertpeia.com/outrageoushospitalbills.htm
September 5, 2012 http://albertpeia.com/nextroundeuimplosionnow.htm
http://albertpeia.com/outrageoushospitalbills.htm
9-5-12 Drudgereport: Dems Ram 'God' and Jerusalem Back into Platform...
VIDEO...
Delegates at convention boo, hiss, jeer...
REPORT: Obama had seen language prior to convention 'but
did not seek to change it'...
HALL DIVIDED...
Jewish, Palestinian Leaders Fume...
Romney: 'I think it's a very sad day'...
'VOTE BLACK'/‘VOTE NIGGER’ BUTTONS HIT CONVENTION HALL...
WOODWARD: White House so stunned by 2010 GOP triumph, it
didn't even have Boehner's phone number...
Drudgereport: UPDATE: Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to love Romney but you at least have to
like yourself in saying ‘NO!’ to more wobama b***s*** which is all that he is.
Have some self-respect. His grade is unequivocally ‘F’ for failure, having
failed to do as promised which coincidentally is a direct cause among others of
this debacle called america’s dark obama years. All the talk/b***s*** cannot
change that reality. }
Poll: R 48% O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to 43%...
Dave’s Daily: http://www.etfdigest.com
‘ALGO DRIVEN TRADING DOMINATES TUESDAY 9-4-12 The basic news on the day was
universally poor and the market reacted negatively, even logically. But as the
day wore on the trusty 2:15 PM Buy Program Express took the lead and pushed
markets higher. It can only be the result of the ongoing “bad news is good” theme indicating more QE
must be on the way. And, let’s face it, our crack addicted trading desks believe
in the Bernanke Put and the global central bank put. It’s quite apparent reading
the news from China this morning as pundits were universally calling for more
PBOC stimulus—it’s QE contagion. Moody’s cut their European
outlook to negative …’ , 18 Indications That Europe Has
Become An Economic Black Hole Which Is Going To Suck The Life Out Of The Global
Economy http://albertpeia.com/18indicationseuropesuckinglifeofglobaleconomy.htm ,
THREE CHARTS TO WATCH FOR SIGNS OF WHAT’S TO COME http://albertpeia.com/3chartstowatchwhatscoming.htm , Economic Failure: 58 Percent
Of The Jobs Being Created Are Low Paying Jobs http://albertpeia.com/oecofailureandlowpayjobs.htm , 19 Signs That Israel And Iran
Are On The Verge Of War http://albertpeia.com/israeliranonvergeofwar.htm
Drudgereport:
UPDATE: Obama gives himself an
'incomplete' grade... { Wow!
The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to love Romney but
you at least have to like yourself in saying ‘NO!’ to more wobama b***s***
which is all that he is. Have some self-respect. His grade is unequivocally ‘F’
for failure, having failed to do as promised which coincidentally is a direct
cause among others of this debacle called america’s dark obama years. All the
talk/b***s*** cannot change that reality.
Obama: Biggest
mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White House on weak jobs
report: Don’t ‘read too much’ into it Olivier
Knox, Yahoo! News {
Riiiiight! Sounds like a plan! After all, wobama’s gotten’ by on b***s*** and
‘special consideration’ alone, never having done anything of substance in his
entire life. Indeed, even his so-called ‘auto-biographies’ are works of what
appear to be ‘choom-gang’ induced fantasies which reveal a
psychogenic/dissociative amnesia that works well in the continuing ‘narrative’
devoid of fact on his ‘more b*** s*** campaign trail’ littered with the cowpies
of stark reality. People owe themselves and their children more than this
grifter’s con which in numbers measures more than the increased deficits of all
the presidents since President General Eisenhower combined to obfuscate his
unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate Democrats voted against
sending the DREAM Act to the Senate floor for full consideration. The bill
would have created a path to citizenship for many young illegal immigrants
brought to the United States as children. Last week, Obama announced plans to
stop deporting illegal immigrants who would have qualified for the DREAM Act.
The policy change does not include a path to citizenship…’ Then there’s the other meretricious
‘wobama desperation hail mary’ that once again falls short. Indeed, as an
investor, one analyzes earnings, projects prospective earnings over a 3-5 year
horizon, and the quality of the earnings along macro economic factors which are
affected by ‘political considerations’. Does anyone remember the honorable Ross
Perot who warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices
which as per his legal duty were optimal for those who put their trust in him.
For those who put their trust in proven failure wobama, all they have to show
for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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!
Poll: R 48% O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to
43%...
PROTESTERS VOW BIGGER CROWDS IN
CHARLOTTE...
'Occupy' encampment re-opens near Dem
convention...
DNC security rules trigger free
speech worries...
KING: Obama presidency has been time
of deep Dem decline...
Frustrated union leader throws empty
chair...
RECORD-HIGH LABOR DAY GAS PRICES
GREET DEMS IN CHARLOTTE...
RYAN: President 'running campaign
based on envy and division'...
GOP launches 'Obama Isn't Working'
message...
SUNDAY: Dem Gov. -- We're Not Better
Off Now...
MONDAY: 'We're Clearly Better Off'...
BIDEN: 'If It Weren't So Hot I'd Go
Into Detail'...
Debt to hit $16 trillion just as
party gavel in convention...
Dems to bus in black church members
from SC...
ID required to attend...
'GODFATHER' TO CUT DNC TRIP SHORT...
Chicago schools brace for strike...
Dems Drop 'God' From Party
Platform...
REUTERS
PHOTO DEPICTS HARRY IN HELLFIRE...
Endorse taxpayer-funded abortions...
DNC Video: 'The Government Is The Only Thing We All
Belong To'...
ABCNEWSWASHPOST POLL: Obama personal
popularity fading...
Women Turning...
DEBT TOPS $16T...
$136,249 Per Household...
FOOD STAMP USE CLIMBS TO RECORD 46.7
MILLION...
Key SOLYNDRA figure 'ran for exit'
after seeing ABCNEWS cameras on DNC floor...
UPDATE: Obama gives himself an
'incomplete' grade...
POLL: Just 40% say he deserves second
term...
POLL: Less Than Half of Army Officers
in Afghanistan Report High Morale...
Panicking Spaniards Pull Out Cash, Leave Country...
Depression, Suicides Rise as Euro Debt Crisis
Intensifies...
MOODY'S Changes Rating Outlook to 'Negative'...
COPS: Mother Forces 10-Year-Old Boy
To Rob House... { Shafique (black) and her son ran away but
Lynnwood police arrested her. They found a stolen laptop and crack cocaine. }
http://albertpeia.com/18indicationseuropesuckinglifeofglobaleconomy.htm
September 4, 2012 http://gainspainscapital.com http://albertpeia.com/3chartstowatchwhatscoming.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/oecofailureandlowpayjobs.htm
9-4-12
Drudgereport:
UPDATE: Obama gives himself an
'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘working on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The
point is that you don’t have to love Romney but you at least have to like
yourself in saying ‘NO!’ to more wobama b***s*** which is all that he is. Have
some self-respect. His grade is unequivocally ‘F’ for failure, having failed to
do as promised which coincidentally is a direct cause among others of this
debacle called america’s dark obama years. All the talk/b***s*** cannot change
that reality. }
Poll: R 48% O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to
43%...
PROTESTERS VOW BIGGER CROWDS IN
CHARLOTTE...
'Occupy' encampment re-opens near Dem
convention...
DNC security rules trigger free
speech worries...
KING: Obama presidency has been time
of deep Dem decline...
Frustrated union leader throws empty
chair...
RECORD-HIGH LABOR DAY GAS PRICES
GREET DEMS IN CHARLOTTE...
RYAN: President 'running campaign
based on envy and division'...
GOP launches 'Obama Isn't Working'
message...
SUNDAY: Dem Gov. -- We're Not Better
Off Now...
MONDAY: 'We're Clearly Better Off'...
BIDEN: 'If It Weren't So Hot I'd Go Into
Detail'...
Debt to hit $16 trillion just as
party gavel in convention...
Dems to bus in black church members
from SC...
ID required to attend...
'GODFATHER' TO CUT DNC TRIP SHORT...
Chicago schools brace for strike...
Dems Drop 'God' From Party
Platform...
REUTERS
PHOTO DEPICTS HARRY IN HELLFIRE...
Endorse taxpayer-funded abortions...
DNC Video: 'The Government Is The Only Thing We All
Belong To'...
ABCNEWSWASHPOST POLL: Obama personal
popularity fading...
Women Turning...
DEBT TOPS $16T...
$136,249 Per Household...
FOOD STAMP USE CLIMBS TO RECORD 46.7
MILLION...
Key SOLYNDRA figure 'ran for exit'
after seeing ABCNEWS cameras on DNC floor...
UPDATE: Obama gives himself an
'incomplete' grade...
POLL: Just 40% say he deserves second
term...
POLL: Less Than Half of Army Officers
in Afghanistan Report High Morale...
Panicking Spaniards Pull Out Cash, Leave Country...
Depression, Suicides Rise as Euro Debt Crisis
Intensifies...
MOODY'S Changes Rating Outlook to 'Negative'...
COPS: Mother Forces 10-Year-Old Boy
To Rob House... { Shafique (black) and her son ran away but
Lynnwood police arrested her. They found a stolen laptop and crack cocaine. }
8-31-12 Dave’s
Daily: http://www.etfdigest.com
BERNANKE SHOWS UP, STOCKS RALLY
8-31-12 { Absolutely amazing that something that’s failed so miserably for
all but the frauds on wall street, the price for which will be paid by others
now and in futuro could be an accepted/anticipated/cheered strategy- How
totally pathetic! How about real valuations based upon real finance, economics
as opposed to the fraudulent wall street feel good from inflationary dollar
debasement at everybody else’s expense! – … Regarding
the rally? There’s a blazing full, blue moon up there which has such
effect on lunatics as are on wall street and now in nations/markets worldwide!
}
8-31-12 CHICAGOLAND: SHOOTING BLOCK FROM
OBAMA'S HOUSE; 2ND IN WEEK
Global food prices jump 10% in month!
Bernanke spells out feeble state of
economy...
Defends Bond Buying…{for fraudulent
wall street’s benefit only-you’re paying for it, in higher prices, etc.,
there’s no free lunch}...
Oil surges...
Japan to cut state spending, could
run out of money in month...
LANCE ARMSTRONG'S PERSONAL ASSISTANT
UNLOADS... http://www.outsideonline.com/outdoor-adventure/biking/road-biking/My-Life-With-Lance-Armstrong.html { What a total scumbag atheist lance armstrong
is! He’s really bad news! What a total fraud armstrong is! }
Dave’s Daily: http://www.etfdigest.com
PROTECT YOURSELF AT ALL TIMES
8-30-12 { Carbon-based unit indeed, Dave. Brings to mind that great first
installment of what was to breathe life into that ultimately hugely successful
franchise, ‘Star Trek’; viz., the profound ‘Star Trek: The Movie’, directed by
no less than Robert Wise (‘The Day the Earth Stood Still’) himself. } There’s enough ideas about what to do now as
Bernanke steps to the plate Friday to either regurgitate familiar messages,
provide more QE, conduct more coordinated QE with other central banks or
something not imagined by this carbon based investor…’
Clint
Eastwood to speak at the Republican National Convention: reports { Indeed he did! All is not unforgiven.
That’s a double-negative, Clint, meaning all’s forgiven ( I just wanted to
interject his oscar-winning ‘Unforgiven’ for the record, along with ‘Million
Dollar Baby’) for your pro-gay marriage, don’t give a f*** egalitarian position
(I actually thought in light thereof he was a ‘wobama man’)... 82 and still
truckin’ in a big way…what a guy…I’m impressed…he made our day! ( There are
some detractors, talkin’ this and that about his speech; but, the point is that
Clint’s doing it, not just talkin’ about it! ) Well Done, Clint! I’m also adding here for the record the fact
that Robert Duvall did a fundraiser for President Romney with First Lady Ann
Romney; and, had an underrated, underappreciated superb (less than big budget)
film of his own, ‘Assassination Tango’, which in light of nuanced performance
and attention to detail deserved greater attention and acclaim ( any guy whose
been offered a free poke from Diane Lane [‘Lonesome Dove’] and loves the smell
of napalm in the morning [the great ‘Apocalypse Now’] is more than okay in my
book). And, Jon Voight: The Advocate … Who woulda thunk it? Cogent and
relevant! } , Tokyo court rules that Samsung
did not infringe on Apple patent AP { This is a very big deal!
} ,
More Bad News Imminent: August
US Auto Production Set To Plunge By Most In 16 Months , What Americans Actually Do All
Day Long - In Three Charts
ZeroHedge.com The average
American spends 9 hours, 12 minutes, and 36 seconds 'Working & Commuting'
on an average workday. Wonder what they do with the rest of their precious
'unproductive and non-tax-providing' day?
Clint
Eastwood to speak at the Republican National Convention: reports { Indeed he did! All is not unforgiven.
That’s a double-negative, Clint, meaning all’s forgiven
( I just wanted to interject his oscar-winning ‘Unforgiven’ for the
record, along with ‘Million Dollar Baby’) for your
pro-gay marriage, don’t give a f*** egalitarian position (I actually
thought in light thereof he was a ‘wobama man’)... 82 and
still truckin’ in a big way…what a guy…I’m impressed…he made our
day! ( There are some detractors, talkin’ this and
that about his speech; but, the point is that Clint’s doing it,
not just talkin’ about it! ) Well Done, Clint! I’m also adding here for the record the
fact that Robert Duvall did a fundraiser for President Romney with First Lady
Ann Romney; and, had an underrated, underappreciated superb (less than big
budget) film of his own, ‘Assassination Tango’, which in
light of nuanced performance and attention to detail deserved greater attention
and acclaim ( any guy whose been offered a free poke from Diane Lane [‘Lonesome
Dove’] and loves the smell of napalm in the morning [the
great ‘Apocalypse Now’] is more
than okay in my book). And, Jon Voight: The Advocate … Who woulda
thunk it? Cogent and relevant! }
Submitted
by Tyler Durden on 08/30/2012 - 18:39
The average
American spends 9 hours, 12 minutes, and 36 seconds 'Working & Commuting'
on an average workday. Wonder what they do with the rest of their precious
'unproductive and non-tax-providing' day?
http://albertpeia.com/whattheydo.png
http://theeconomiccollapseblog.com
http://albertpeia.com/proscons50states.htm
{ You really can’t dismiss this brief/simplistic survey out of hand;
after all, he gets the the following almost right (jersey should be ranked
below all; ie., ‘F-‘ !) New Jersey: Pros: anyone got something? Cons:
high population density, Camden, Newark, not enough jobs, multiple nuclear
power plants,Atlantic City, crime, gang violence Overall Rating: D- /
California: Pros: Disneyland, warm weather, Malibu Cons: high taxes, Jerry Brown, earthquakes,
mudslides, wildfires, gang violence, crime, traffic, rampant poverty, insane
politicians, ridiculous regulations, bad schools, political correctness,
illegal immigration, not enough jobs, air pollution, multiple nuclear power
plants, possible tsunami threat along the coast, Los Angeles, San Francisco,
Oakland, Stockton, Sacramento, huge drug problem, high population density, the
state government is broke, many more reasons to leave California right here
http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm http://albertpeia.com/hopelesscluelesscalifornia.htm Overall Rating: F }
8-30-12 President Romney Biographical Tribute
Airs at RNC...
OBAMA: I Didn't Do Good Enough Job
Selling Americans On Stimulus Plan...
Billboard features child flipping off
president...
Half of Americans die nearly broke...
REPORT: Correspondence and collusion
between NYT and CIA...
Gasoline To Hit Labor Day Record
Price...
University of Virginia
Declines Obama Campaign Request...
EX-NFL GREAT TO BLACKS: SAY NO TO
OBAMA...
70% of Obama's 19 million TWITTER
followers fake...
CHICAGOLAND: 13 shot in 30-minute
span...
FLASHBACK: Obama -- 'Chicago Is
Example of What Makes This Country Great' { Wow! Talk about choom fantasy…
unless you’re a fan of…Al Capone! } ...
FOXNEWS POLL: Romney Pulls Into
Lead...
Republicans eye return to
gold standard...
Romney Reiterates He Would Replace
Bernanke...
Analysis: Incomes Fall More Under
Obama...
Big Loss for Those Near Retirement...
USA $20 trillion in debt by 2016...
Obama Has Stolen $5.3 Trillion
From Our Children In Order To Make Himself Look Good
http://albertpeia.com/obamastole5plustrillionfromuschildrentohidehisfailure.htm
8-29-12 SHOCK CLAIM: Obama Honors Fallen
SEALs By Sending Parents Form Letter Signed By Electric Pen...
25+ INCHES OF RAIN SLAMS LA...
MRS. AMERICA { Indeed! Her speech was well delivered,
poignant, truthful and touching! }
CHRISTIE SPEECH: TEXT... { I had no idea Gov. Christie was a former
federal prosecutor. Maybe he could find out what happened to asst. us attorney
Jonathon Lacey, the files/documents/exhibits etc., from as well, former us
attorney alito and fed judge maryanne trump barry, former us trustee Leonard,
etc. … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm }
Gasoline To Hit Labor Day Record
Price...
Dave’s Daily: http://www.etfdigest.com
‘QE QUESTIONS { To QE or
not to QE, that is the question…whether it is nobler in the mind to suffer the
slings and arrows of outrageous destruction of fortunes … ah, yes … good choice
Dave … I know those soliloquies by heart…and now, a little Lewis Carroll with a
mad hatter none other than helicopter-ben-shalom-bernanke … }
Drudgereport: Gasoline To Hit Labor Day Record Price... {
Predominantly the consequence of failed QE for the benefit of fraudulent wall
street only and wobama’s (failed) re-election scam! } , Is There Going To Be A Stock
Market Crash In The Fall? http://albertpeia.com/stockmarketcrashcoming.htm { Short answer, YES! If there’s still any rationality
left in these stock markets! } , FOUR REASONS WHY THE FED WILL NOT ANNOUNCE
QE 3 THIS FRIDAY gpc1981 http://albertpeia.com/4reasonsnoqe3.htm , $16,OOO,OOO,OOO,OOOBAMA! ZeroHedge.com November 16, 2011 was
a historic date: that's when the US officially surpassed $15 trillion in debt
for the first time since World War 2. We celebrated it by cheering
$15,OOO,OOO,OOO,OOOBAMA. Today, August 28, 2012, is when we can unofficially
celebrate again, because 286 days after the last major milestone was surpassed
with disturbing ease, total US debt following today's $35 billion auction of 2
Year bonds is, well, in a word: $16,OOO,OOO,OOO,OOOBAMA
"Everybody's going to war but we don't know what we are fighting
for."– Nerina Pallot, from "Everybody's Gone to War"
Henry Paulson Confronted on
Threatening Congress With Martial Law
We
Are Change | Paulson’s cronies strong arm
citizen journalists to prevent questions to former Treasury Secretary and
Goldman Sachs executive.
Blunt
Christie tells Republicans it's time to face fiscal truth - TAMPA, Florida (Reuters) - New Jersey
Governor Chris Christie accused Democrats of refusing to tell Americans the
truth about the depth of the country's deep fiscal woes on Tuesday in a
pugnacious... { I had no idea Gov. Christie was a former
federal prosecutor. Maybe he could find out what happened to asst. us attorney
Jonathon Lacey, the files/documents/exhibits etc., from as well, former us
attorney alito and fed judge maryanne trump barry, former us trustee leonard … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm }
Infowars.com | A book
of lies geared to cover up more lies.
http://albertpeia.com/binladendeathbookhoax.htm
Obama
campaign unleashing 'the Big Dog' in battleground states {
Riiiiight! The big dog…who found a way to poop up the presidency after being
gifted with a huge end of cold war peace dividend courtesy of predominantly
Reagan. Yes, on route to blowing the job, despite his support for NAFTA, he did
get quite a few…blow(n) jobs… http://albertpeia.com/bigdogpoop.htm }
Texas judge
warns of possible ‘civil war’ if President Obama is re-elected
Romney: My
health care plan is superior to Obama's
http://albertpeia.com/stockmarketcrashcoming.htm
{ Short
answer, YES! If there’s still any rationality left in these stock markets!
}
8-28-12 MRS. AMERICA { Indeed! Her speech was well delivered,
poignant, truthful and touching! }
CHRISTIE SPEECH: TEXT... { I had no
idea Gov. Christie was a former federal prosecutor. Maybe he could find out
what happened to asst. us attorney Jonathon Lacey, the files/documents/exhibits
etc., from as well, former us attorney alito and fed judge maryanne trump
barry, former us trustee Leonard, etc. … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm }
Gasoline To Hit Labor Day Record
Price...
University of Virginia
Declines Obama Campaign Request...
EX-NFL GREAT TO BLACKS: SAY NO TO
OBAMA...
70% of Obama's 19 million TWITTER
followers fake...
CHICAGOLAND: 13 shot in 30-minute
span...
FLASHBACK: Obama -- 'Chicago Is
Example of What Makes This Country Great' { Wow! Talk about choom fantasy…
unless you’re a fan of…Al Capone! } ...
FOXNEWS POLL: Romney Pulls Into
Lead...
Republicans eye return to gold
standard...
Romney Reiterates He Would Replace
Bernanke...
Analysis: Incomes Fall More Under
Obama...
Big Loss for Those Near Retirement...
USA $20 trillion in debt by 2016...
FABER: Odds of Global Recession Are 100%...
Texas Judge Preparing For
'Civil War' If Obama Re-Elected...
ROMNEY: President 'Has Tried To
Substitute Government For Free People'...
PAPER: THE LEFT HAS BEEN TOO KIND TO
OBAMA...
Postal Worker's Vacation Halts Mail
In Jersey City, NJ...
TINA FROWN! { Newsweek on wobama’s failed presidency – Newsweek
relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47%
OBAMA 45%
Doug Casey Predicts Day of
Economic Reckoning Is Near
(Casey Research 8-27-12) http://albertpeia.com/caseysayseconomicreckoningnear.htm , ANGELA
MERKEL JUST REVEALED THE TRUTH ABOUT EUROPE gpc1981 http://albertpeia.com/truthabouteurope.htm , It Is Not Just Your
Imagination - American Families ARE Getting Poorer http://albertpeia.com/americansgettingpoorer.htm , A Flashing Warning On The
"Unintended Consequences" Of Ultra Easy Monetary Policy From... The
Fed?! Zerohedge.com , Guest Post: The Endless War:
Saudi Arabia Goes On The Offensive Against Iran , When Channel-Stuffing Comes
Home? GM 'Idles' Volt Production (Again)
Infowars.com | A book
of lies geared to cover up more lies.
http://albertpeia.com/binladendeathbookhoax.htm
Obama
campaign unleashing 'the Big Dog' in battleground states {
Riiiiight! The big dog…who found a way to poop up the presidency after being
gifted with a huge end of cold war peace dividend courtesy of predominantly
Reagan. Yes, on route to blowing the job, despite his support for NAFTA, he did
get quite a few…blow(n) jobs… http://albertpeia.com/bigdogpoop.htm }
Texas judge
warns of possible ‘civil war’ if President Obama is re-elected
Romney: My
health care plan is superior to Obama's
http://albertpeia.com/americansgettingpoorer.htm
8-27-12 Protesters Dressed As Giant Vaginas
Greet Delegates... { Indeed…what a bunch of c**ts…just kidding! } Video...
'Kill Mitt Romney' FACEBOOK Page Has
27 Likes, Still Online... {The epitomy of hypocrisy and
desperation!}
FEDS: Too few Americans
'turn to the government for assistance'...
BOX OFFICE: Anti-Obama Movie #1...
Developing...
University of Virginia
Declines Obama Campaign Request...
EX-NFL GREAT TO BLACKS: SAY NO TO
OBAMA...
70% of Obama's 19 million TWITTER
followers fake...
Godfather on Casino: 'I Want it For
Our Kids'...
CHICAGOLAND: 13 shot in 30-minute
span...
FLASHBACK: Obama -- 'Chicago Is
Example of What Makes This Country Great' { Wow! Talk about choom fantasy…
unless you’re a fan of…Al Capone! } ...
FOXNEWS POLL: Romney Pulls Into
Lead...
Republicans eye return to gold
standard...
Romney Reiterates He Would Replace
Bernanke...
Analysis: Incomes Fall More Under
Obama...
Big Loss for Those Near Retirement...
USA $20 trillion in debt by 2016...
FABER: Odds of Global Recession Are 100%...
Texas Judge Preparing For
'Civil War' If Obama Re-Elected...
ROMNEY: President 'Has Tried To
Substitute Government For Free People'...
PAPER: THE LEFT HAS BEEN TOO KIND TO
OBAMA...
Postal Worker's Vacation Halts Mail
In Jersey City, NJ...
TINA FROWN! { Newsweek on wobama’s failed presidency – Newsweek
relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47%
OBAMA 45%
ROMNEY: Time to Audit the Fed...
GAS PRICES SET RECORD...
Poll: Not better off now than in
2008...
SHOCK POLL: Romney beats Obama in
Chicago suburbs...
SPIKE IN ARMED ROBBERIES, SAVAGE
BEATINGS ON CAPITOL HILL...
Crime jumps 64%...
NOONAN: If Biden Were Republican,
Topic Would Be 'How Stupid Is This Person?' { Well, in fairness, a
distinction is carved out for Lobotomy Joe who really did have part of his
brain surgically removed! } FACEBOOK FALLS TO HALF OF PUBLIC
OFFERING PRICE...
8-24-12 Dave’s Daily: http://www.etfdigest.com
‘THE FED’S ORACLE KEEPS STOCKS
GREEN 8-24-12 With stock markets actually threatening a red week enter the
Fed’s oracle, the WSJ’s Jon Hilsenrath with a Bernanke regurgitated “stick
save” QE algos glommed on which rallied stocks., AN OPEN LETTER
TO THE MSFM: QE 3 ISN’T COMING, GIVE UP
By gpc1981 http://albertpeia.com/qe3notcoming.htm , Guest Post: Trading on
Yesterday's News – What Does the Stock Market Really 'Know'? ZeroHedge.com We have critically examined the question of whether the stock market 'discounts' anything on several
previous occasions. The question was for instance raised in the context of what
happened in the second half of 2007. Surely by October 2007 it must have
been crystal clear even to people with the intellectual capacity of a lamp post
and the attention span of a fly that something was greatly amiss in the
mortgage credit market. Then, just as now, both the ECB and the Fed had
begun to take emergency measures to keep the banking system from keeling over
in August. This brings to mind the 'potent directors
fallacy' which is the belief held by investors that someone –
either the monetary authority, the treasury department, or a consortium of
bankers, or nowadays e.g. the government of China – will come to their rescue
when the market begins to fall.
'They' won't allow the market to decline!' 'They' won't allow a recession to
occur!' 'They can't let the market go down in an election year!' All of
these are often heard phrases. This brings us to today's markets. Nowadays,
traders are not only not attempting to 'discount' anything, they are investing
with their eyes firmly fixed on the rear-view mirror – they effectively trade on yesterday's news. { It bears repeating that never in history have the markets
become so disconnected from fundamental finance, valuation, an reality and so
completely and utterly fraudulent. I believe that computerization facilitating
multiple frauds at lightning speed, over and over again and again along with
re-hypothecation of already worthless paper at similar speeds is in part the
reason for the prevalence of such fraud along with the breakdown of american
among other societies into what yesteryear would have been scorned as ‘banana
republics’ without any meaningful rules of law whatsoever and pervasive, almost
blatant, corruption at every level. (This
is not to blame computers for the bad use they’re put to.) }
Thank You Wall Street Thanks for everything... http://albertpeia.com/thanksfraudulentwallstreet.png
Obama
campaign unleashing 'the Big Dog' in battleground states {
Riiiiight! The big dog…who found a way to poop up the presidency after being
gifted with a huge end of cold war peace dividend courtesy of predominantly
Reagan. Yes, on route to blowing the job, despite his support for NAFTA, he did
get quite a few…blow(n) jobs… http://albertpeia.com/bigdogpoop.htm }
Texas judge
warns of possible ‘civil war’ if President Obama is re-elected
Romney: My
health care plan is superior to Obama's
http://albertpeia.com/forsakenforgotten.htm
8-24-12 BOX OFFICE: Anti-Obama Movie #1...
Developing...
University of Virginia
Declines Obama Campaign Request...
EX-NFL GREAT TO BLACKS: SAY NO TO
OBAMA...
70% of Obama's 19 million TWITTER
followers fake...
Romney To Hometown Crowd: 'No One Has
Asked To See My Birth Certificate'...
Godfather on Casino: 'I Want it For
Our Kids'...
CHICAGOLAND: 13 shot in 30-minute
span...
FLASHBACK: Obama -- 'Chicago Is
Example of What Makes This Country Great' { Wow! Talk about choom fantasy…
unless you’re a fan of…Al Capone! } ...
FOXNEWS POLL: Romney Pulls Into
Lead...
Republicans eye return to gold
standard...
Romney Reiterates He Would Replace
Bernanke...
Analysis: Incomes Fall More Under
Obama...
Big Loss for Those Near Retirement...
USA $20 trillion in debt by 2016...
FABER: Odds of Global Recession Are 100%...
Obama
campaign unleashing 'the Big Dog' in battleground states {
Riiiiight! The big dog…who found a way to poop up the presidency after being
gifted with a huge end of cold war peace dividend courtesy of predominantly
Reagan. Yes, on route to blowing the job, despite his support for NAFTA, he did
get quite a few…blow(n) jobs… http://albertpeia.com/bigdogpoop.htm }
Texas judge
warns of possible ‘civil war’ if President Obama is re-elected
Romney: My
health care plan is superior to Obama's
8-23-12 FOXNEWS POLL: Romney Pulls Into
Lead...
Republicans eye return to gold
standard...
Romney Reiterates He Would Replace
Bernanke...
Analysis: Incomes Fall More Under
Obama...
Big Loss for Those Near Retirement...
USA $20 trillion in debt by 2016...
FABER: Odds of Global Recession Are 100%...
Texas Judge Preparing For
'Civil War' If Obama Re-Elected...
ROMNEY: President 'Has Tried To
Substitute Government For Free People'...
PAPER: THE LEFT HAS BEEN TOO KIND TO
OBAMA...
Postal Worker's Vacation Halts Mail
In Jersey City, NJ...
TINA FROWN! { Newsweek on wobama’s failed presidency – Newsweek
relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47%
OBAMA 45%
Dave’s Daily: http://www.etfdigest.com BERNANKE & CO READY TO PROVIDE
ANOTHER ROUND { …of consistently failed, inflationary QE for the benefit of the
wall street frauds only, to the detriment of the real economy and everyone
else! This misguided wall street fraud oriented policy is in large part
responsible for the increasingly dismal
state of the economy along with the
natural concomitant of rising prices which are blamed on everything but the
contraindicated QE which is the primary culprit! } The only news that mattered
to the algos and HFTs were nuggets of more QE found in FOMC Minutes released
just in time for the 2:15 Buy Program Express to leave the station. More money
printing is inflationary and stocks can inflate too so let’s not kid ourselves.
..’ }
CBO: Feds flirting with
double-dip recession
washingtontimes.com | Obama
and Congress flirting with both a recession and a jump in unemployment next
year.
http://albertpeia.com/24statsshowhowobamamessedupeconomy.htm
http://albertpeia.com/insidersmartmoneybetsfinancialdisastercoming.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/8neweconomicthreats.htm
8-22-12 GALLUP: Romney edges Obama...
Texas Judge Preparing For
'Civil War' If Obama Re-Elected...
ROMNEY: President 'Has Tried To
Substitute Government For Free People'...
PAPER: THE LEFT HAS BEEN TOO KIND TO
OBAMA...
Feds join 'false claims' suit against
polling firm...
Postal Worker's Vacation Halts Mail
In Jersey City, NJ...
TINA FROWN! { Newsweek on wobama’s failed presidency – Newsweek
relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47%
OBAMA 45%
ROMNEY: Time to Audit the Fed...
GAS PRICES SET RECORD...
Poll: Not better off now than in
2008...
SHOCK POLL: Romney beats Obama in
Chicago suburbs...
SPIKE IN ARMED ROBBERIES, SAVAGE
BEATINGS ON CAPITOL HILL...
Crime jumps 64%...
NOONAN: If Biden Were Republican,
Topic Would Be 'How Stupid Is This Person?' { Well, in fairness, a
distinction is carved out for Lobotomy Joe who really did have part of his
brain surgically removed! } FACEBOOK FALLS TO HALF OF PUBLIC
OFFERING PRICE...
No Horses, But Detroit Water
Department Employs 'Horseshoer'...
BOOK: Obamacare designed to unionize
21 million health care workers...
Increases costs of hip, knee
replacements...
O STICKING WITH LOBOTOMY JOE!
ROMNEY, RYAN PREPARE FOR ASSAULT ON OBAMA'S
SPENDING...
U.S. Foreign Debt Hits Another Record...
Democrats' nerves start to show...
VA BAKER SAYS NO TO BIDEN STOP...
Secret Service buys cupcakes as thanks...
Customers flock in...
'OBAMA CAN KISS OUR A**'...
It is
absolutely incredible that tech’s even on the radar other than for signs of
disasters to come; it’s really that bad, and getting worse, not better as one
might expect. And, not just in this country. The newest linux version (ubuntu
for dual boot) is, contrary to what one would presume but consistent with the
american paradigm of shear folly, significantly worse than older versions. I
actually had to uninstall it, it was so bad on the additional computer I just
got for file space/back-up. Vista’s a total joke, and, though currently winning
by default, apples are just not that great nor worth the money and eventually
the ‘unsavvy public’ will catch on. I’m glad for apple, my first computer in
1986!
Niall "Hit The Road
Barack" Ferguson Responds To The "Liberal Blogosphere" Two days ago, historian Niall Fergsuon had
the temerity to voice a personal opinion, one which happens to not exactly
jive with the rest of the media's take on current events, on the cover
page of Newsweek (Newsweek is still in print?) titled, succinctly enough,
"Hit the road Barack: Why we
need a new president." The response was fast, furious, and
brutal, particularly emanating from what Ferguson has dubbed the "liberal
blogosphere." http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm
August 21, 2012 By gpc1981
http://albertpeia.com/usfoodcrisis.htm
8-21-12 $500,000 of stimulus cash spent to
air Obama ads during Olbermann, Maddow shows...
Romney raising cash from
traditionally Dem cities...
Switzerland objects to Obama campaign
film slur...
Americans tune out Afghan war as
fighting rages on...
TINA FROWN! { Newsweek on wobama’s failed presidency – Newsweek
relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47%
OBAMA 45%
ROMNEY: Time to Audit the Fed...
GAS PRICES SET RECORD...
Poll: Not better off now than in
2008...
SHOCK POLL: Romney beats Obama in
Chicago suburbs...
SPIKE IN ARMED ROBBERIES, SAVAGE
BEATINGS ON CAPITOL HILL...
Crime jumps 64%...
NOONAN: If Biden Were Republican,
Topic Would Be 'How Stupid Is This Person?' { Well, in fairness, a
distinction is carved out for Lobotomy Joe who really did have part of his
brain surgically removed! } FACEBOOK FALLS TO HALF OF PUBLIC
OFFERING PRICE...
Guest Post: Shhhh… It’s Even
Worse Than The Great Depression
ZeroHedge.com Tyler Durden In just four short
years, our “enlightened” policy-makers have slowed money velocity to depths
never seen in the Great Depression. Hard to believe, but the guy who made a
career out of Monday-morning quarterbacking the Great Depression has already
proven himself a bigger idiot than all of his predecessors (and in less than
half the time!!). During the Great Depression, monetary base was expanded
in response to slowing economic activity, in other words it was reactive
(here’s a
graph) .
They waited until the forest was ablaze before breaking out the hoses, and
for that they’ve been rightly criticized. Our
“proactive” Fed elected to hose down a forest that wasn’t
actually on fire, with gasoline, and the results speak for
themselves. With the IMF recently lowering its 2012 US GDP
growth forecast to 2%, while the monetary base is expanding at about
a 5% clip, know that velocity of money is grinding lower every time you
breathe
8-20-12 TINA FROWN! { Newsweek on wobama’s failed presidency – Newsweek
relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47%
OBAMA 45%
ROMNEY: Time to Audit the Fed...
OBAMA DENIES FELONY SMEAR ON
ROMNEY...
'We don't go out of bounds'...
FLASHBACK: 'Romney committed a felony
or lied to voters'...
GAS PRICES SET RECORD...
Poll: Not better off now than in
2008...
SHOCK POLL: Romney beats Obama in
Chicago suburbs...
SPIKE IN ARMED ROBBERIES, SAVAGE
BEATINGS ON CAPITOL HILL...
Crime jumps 64%...
NOONAN: If Biden Were Republican, Topic
Would Be 'How Stupid Is This Person?' { Well, in fairness, a
distinction is carved out for Lobotomy Joe who really did have part of his
brain surgically removed! } FACEBOOK FALLS TO HALF OF PUBLIC
OFFERING PRICE...
No Horses, But Detroit Water
Department Employs 'Horseshoer'...
BOOK: Obamacare designed to unionize
21 million health care workers...
Increases costs of hip, knee
replacements...
O STICKING WITH LOBOTOMY JOE!
ROMNEY, RYAN PREPARE FOR ASSAULT ON OBAMA'S
SPENDING...
U.S. Foreign Debt Hits Another Record...
Democrats' nerves start to show...
VA BAKER SAYS NO TO BIDEN STOP...
Secret Service buys cupcakes as thanks...
Customers flock in...
'OBAMA CAN KISS OUR A**'...
Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite some time now and is quite a pathetic
scenario! } Legal precedent means nothing. Rule of law means nothing. Free
speech means nothing. Their own treaties mean nothing. It’s
unbelievable. Anyone in the west who honestly thinks he’s still living in
a free society is either a fool or completely out of touch. If that seems
too radical an idea, consider that ECUADOR is now the only nation which
stands to defend freedom and human rights against an assault from the
United States, the United Kingdom, and their spineless allies. The west
has just become a giant banana republic. Have you hit your breaking point
yet? If not now… when? { { I’m really constrained to interject my own
direct experience with the FBI here; and, I must say I do so lamentably. If you
want no real results vis-à-vis organized crime which now extends to the upper
reaches, highest levels of the corrupt u.s. government, go to the FBI. I
discounted the new jersey FBI as just typical corrupt, mob infested jersey
which thinks in terms of discos/casinos. But, truth be told, they never ask the
‘tough’ questions of the biggest criminals; ie., the biggest wall street
frauds, cia connected illegal ‘drug ops’ (ops…riiiiight), federal judges ie.,
trump barry, shiff, alito, etc.; but, they did go after Martha Stewart in a
very big way over a $45,000 transaction. Wow! You can’t make this stuff up. I
also don’t believe their (understated) crime stats for even a second. I’m
beginning to feel foolish for having even put my full faith and trust in them,
much less the ‘federal (judicial) system’ who share the ‘same employer’; and,
despite my antipathy for the mob, probably would have fared ‘more fairly’ with
the mobsters directly who seem to have at least some sense of the magnitude of
the fraud involved and the pervasive corruption of the system and government
and maybe a semblance of honor in this nation of protracted decline. It never
would have occurred to me back when for me, such a choice/decision was
clear-cut and simple. Such a course as mine I no longer could recommend
inasmuch as there is little difference between state/government sponsored
crime/corruption and that perpetrated by other criminal elements, from my
direct experience with both, infra:
Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless. Jersey ‘italian’
snooki? In mob infested new jersey, who knows (one of the properties in my
proceedings for which surplus funds are unaccounted for was a 2 bedroom 1 and
1/2 bath condominium in seaside heights, n.j.). But debauchery an american
specialty? Another rare instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and Justice Department
officials took steps to control information uncovered by a task force designed
to examine cases involving discredited agents. Many defendants were never
notified of flaws in cases. ‘Simply
unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s
direct involvement in the illegal drug trade). In this civil RICO matter, there
are no innocent bystanders; but rather, perpetrators, accomplices, and
co-conspirators. When the fbi agent initially assigned to this matter
(Connecticut) abruptly resigned/retired shortly after a conversation, though
not central to my case, wherein I had said that rudy giuliani’s father had been
an (convicted) enforcer for the mob (served 12 years? in prison, aggravated
assault/manslaughter?) and then sent him documentation owing to his disbelief.
Though ultimately ineffectual vis-à-vis my case, he was a likeable guy for whom
I had and still have regard. I then spoke with FBI Agent Jeff Rasey upon the
aforesaid agent’s departure who somewhat plaintively (‘my call being a burden’)
told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to the disco that night’ (the documents including sworn statements
delivered to then u.s. attorney sam alito’s office in the same building
disappeared twice along with the initial assistant u.s. attorney Jonathan Lacey
with whom I had reviewed the documentary evidence, documents and their
probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam
alito’s reward / quid pro quo for his cover-up by his current position on the
u.s. supreme court. There was never a question as to maryanne trump
barry’s interest in corrupting the judicial process as related to her brother’s
(trump) casinos. Jersey city boy louis freeh, labeled by former Prosecutor
Larry Klaiman as the most corrupt FBI director ever (see infra, mueller seems
no different, and certainly holder’s impeachable actions and corrupt
behavior/cover-ups fit the mold, ie., fast and furious, race bias favoring
blacks, etc.) apparently covered up the RICO violations as sent to him, and, with
italian citizenship and lucrative insider deals fits the bill. The FBI Agent
Jeff Hayes of the Long Beach Office with whom I reviewed the RICO documents and
confirmed same as indicative of (drug) money laundering was transferred shortly
after meeting with him, as has been so of FBI Agent Bill Lewis (promoted to
Washington FBI headquarters) with whom I discussed the RICO matter and case
disks/dvd’s sent to the LA FBI office (they printed the documents thereon, as
per Agent Lewis), Steven Martinez, ADIC, here in Los Angeles (see infra). So,
as regards FBI flaws, coverup, etc., I have to believe it based on my own
experience and reasonable inference. I’m currently being ‘stonewalled’ by the
LA FBI office since the departure of FBI Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
Jul 31, 2000 – Judicial Watch is a public-interest law firm
that fights corruption in government. To read Larry Klayman's
letter to Louis Freeh, ...
... security," said JW Chairman Larry Klayman.
"His behavior stands in stark contrast to Louis Freeh, a man so corrupt
he destroyed the office he led, ...
http://gainspainscapital.com { I’m constrained to add here what I believe
Graham Summers has not incorporated into his calculations; viz., that merkel
very well might not even want to be re-elected. That certainly seems to be the
case despite presumptions to the contrary. After all, there will ultimately be
no winners in this pathetic ponzi charade and ever growing debacle in the
making that she has seemed willing at every crucial juncture to countenance
despite it being antithetical if not diametrically opposed to german interests.
}
Drudgereport:
8-17-12 GALLUP: ROMNEY 47%
OBAMA 45%
Romney Supporter Spat On by 83-year-old Protester in
Wisconsin...
RNC touts record-breaking July fundraising...
FACEBOOK freefall continues...
Investors Losing Faith...
Zuckerberg: 'Painful'...
More California cities at risk of bankruptcy...
Woman who rescued animals killed in dog attack...
O STICKING WITH LOBOTOMY JOE!
ROMNEY, RYAN PREPARE FOR ASSAULT ON OBAMA'S
SPENDING...
U.S. Foreign Debt Hits Another Record...
Democrats' nerves start to show...
VA BAKER SAYS NO TO BIDEN STOP...
Secret Service buys cupcakes as thanks...
Customers flock in...
'OBAMA CAN KISS OUR A**'...
HOW LOW WILL IT GO? FACEBOOK STOCK PLUNGES...
Has lost half of value...
JULY DEADLIEST MONTH OF 2012 FOR TROOPS...
ARMY SUICIDES SET RECORD...
FBI: Federal court clerk sold secret info to L.A.
gangsters...
New Jersey unemployment rate at 9.8%, highest since
1977...
REPORT: GM's European failure will prompt second
Obama bailout...
CHICAGOLAND: City Worker Caught Stealing 500 Feet Of
Copper -- Off Midway Airport Runway!
Ecuador grants WIKILEAKS founder asylum...
40 police surround embassy...
U.S. denies pushing arrest...
Obama defends Biden on 'chains' comment...
HE DID IT AGAIN: LIVING IN WRONG CENTURY!
REPORT: Obama has 22 days to drop Biden from
ticket...
VIDEO: Biden Refers to Ryan as 'Governor'...
Now Social Security Administration To Purchase 174
Thousand Rounds Of Bullets!
Hypersonic aircraft crashes seconds into military
test flight...
Thousands of Federal Retirees Get Six-Figure Pensions...
CHICAGOLAND: 50,000 line up for Obama amnesty
program...
Labor Dept. Attempts to Stop Layoffs by Giving $100
Million to States, Subsidize Payrolls...
VIDEO: Biden Imitates Sign Language Lady… [ I’m quite
serious when I say lobotomy joe biden had part of his brain removed… he
literally had part of his brain surgically removed…his nonsensical outbursts
are symptomatic of lobotomies generally…] ...
Wonderment Whether Biden Has 'Mental Capacity' for
Presidency...
VP says 'We can win North Carolina' -- while
campaigning in Virginia...
Dave’s Daily: http://www.etfdigest.com
‘QE TALK & MERKEL PROP
STOCKS 8-16-12 Not to take anything away from Cisco (CSCO) earnings which beat
by a penny both on earnings and revenue, but the thrust of Thursday’s rally
came mostly on the heels of talk from on high. Former Fed governor Plosser
stated via the WSJ that Bernanke’s recent comments indicate QE3 is likely but
he is against it. Also, Angela Merkel revived talk that the euro must be saved
as she and the ECB were committed to do. Of course, her comments don’t mean
some current eurozone members like Greece will remain. China was also cited as
a stimulus for a rally Thursday as investors expect the government to cut bank reserve
requirements. Basically it’s all about “expectations and talk” but nothing
beyond this …’ , Finland
prepares for expected euro zone break up: report , Startling Evidence That Central
Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG http://albertpeia.com/centralbankswallstreetinsidersprepforsomethingbig.htm , What Should Jon Corzine's
Hedge Fund Be Named? Since
over the past five years hedge funds are better known for coming up with
ingenious names, than for actually outperforming the market (recall that "the
aggregate hedge fund index is now significantly underperforming the S&P 500
(from both the top in 2007 and the lows in 2009"), we hereby wish to do
the Honorable Jon
Corzine a favor, and save him the money he would otherwise spend on an
expensive naming consultant, by offering up the creative services of our
audience in conjuring the name for his future hedge fund. So dear ZH readers, take
it away, although keep in mind Long-Term Capital Vaporization LP appears
to already have been taken by a patent troll (soon to be likely sued by
YHOO). , Guest Post: Financialization's
Self-Destruct Sequence Like
all systems that follow an S-curve of growth and decay, financialization cannot
return to its growth phase. But there is another dynamic at play: a
self-destruct sequence triggered by central bank and Central State efforts to
reflate asset and credit/leverage bubbles. All central bank and State policies
aimed at driving capital into risk assets boil down to reflating phantom assets
purchased with debt by issuing more debt that is based on newly issued phantom
assets. Phantom assets purchased with debt cannot be reflated by issuing more
debt that is based on newly issued phantom assets. Piling more debt/leverage on
a sandpile of phantom assets (CDS, bonds that cannot possibly be paid back,
empty condos in the middle of nowhere, etc.) only heightens the probability
that the unstable pile will collapse. The implicit
Central Planning campaign to trigger "mild" inflation is part of the
self-destruct sequence. Central planners metaphorically fight the last war,
or at best the last two wars, and so they remain blind to any dynamics that did
not exist in their case studies.
Guest Post: Assange Or
Corzine? The issue at hand is the sense that we
have entered a phase of exponential criminality and corruption. A
slavering crook like Corzine who stole $200 million of clients’
funds can walk free. Meanwhile, a man who exposed evidence of
serious war crimes is for that act so keenly wanted by US authorities that
Britain has threatened to throw hundreds of years of
diplomatic protocol and treaties into the trash and raid the
embassy of another sovereign state to deliver him to a power that seems intent
not only to criminalize him, but perhaps even to summarily
execute him. The Obama administration, of course, has made a habit of summary
extrajudicial executions of those that it suspects of terrorism, and
the detention and prosecution of whistleblowers. And the ooze of large-scale
financial corruption, rate-rigging, theft and fraud goes on unpunished.
Conflict Brewing Between UK
And Ecuador As Latin American Country Agrees To Grant Asylum To Assange Are we about to see a mini-war on UK soil,
if and when Britain decides to storm the Ecuadorian embassy, which moments ago
announced it has granted asylum to Julian Assange? From Reuters:
"Ecuador granted political asylum to Julian Assange on Thursday,
ratcheting up tension in a standoff with Britain which has warned it could
revoke the diplomatic status of Quito's embassy in London to allow the
extradition of the WikiLeaks founder. The high-profile Australian former hacker
has been holed up inside the red-brick embassy in central London for eight
weeks since he lost a legal battle to avoid extradition to Sweden, where he is
wanted for questioning over rape allegations. Ecuadorean Foreign Minister
Ricardo Patino said he feared for the safety and rights of Assange which is why
he said his country had decided to grant him asylum. "Ecuador has decided
to grant political asylum to Julian Assange," Patino told a news conference
in Quito. Ecuador's decision takes what has become an international soap opera
to new heights since Assange first angered the United States and its allies by
publishing secret U.S. diplomatic cables on his WikiLeaks website." The
UK, needless to say, is not happy, and the UK foreign ministry has said it will carry
out binding obligation to extradite Assange to Sweden. Looks
like posturing is about to hit a crescendo and someone will have to do
something. Because foreign politics and diplomacy is (luckily) not central
planning.
http://albertpeia.com/centralbankswallstreetinsidersprepforsomethingbig.htm
Submitted
by Tyler Durden on 08/16/2012
In what should be the biggst non-news of the day, the
NYT is reporting that not only will Jon Corzine not face any criminal
prosecution for vaporizing hundreds of millions in client money (which
subsequently condensed in the JPM middle office), but will in fact be launching
... wait for it... a hedge fund. "A criminal investigation into the
collapse of the brokerage firm MF Global and the disappearance of about $1
billion in customer money is now heading into its final stage without charges
expected against any top executives. After 10 months of stitching together
evidence on the firm’s demise, criminal investigators are concluding that chaos
and porous risk controls at the firm, rather than fraud, allowed the money to
disappear, according to people involved in the case." And algos... And
glitches... And faulty software installs... And some junior person who has long
since left the company... and, and, and, lots and lots of passive
voice... Because in the Banana republic of the crave, no bundles can ever go to
jail, no matter how heinous the crime, which is not to say other places are
better: in Thailand you shoot your secretary in
the stomach during dinner with an Uzi and you don't even pay a $600 fine. But
at least it puts things in perspective. So what is next in store for this
former man of power? "Mr. Corzine, in a bid to rebuild his image and
engage his passion for trading, is weighing whether to start a hedge
fund, according to people with knowledge of his plans. He is currently
trading with his family’s wealth. If he is successful as a hedge fund
manager, it would be the latest career comeback for a man who was ousted from
both the top seat at Goldman Sachs and the New Jersey governor’s mansion."
So will Jon will be buying Italian bonds? We don't know. Ask him yourself.
Submitted
by Tyler Durden on 08/16/2012
Are we about to see a mini-war on UK soil, if and
when Britain decides to storm the Ecuadorian embassy, which moments ago announced
it has granted asylum to Julian Assange? From Reuters:
"Ecuador granted political asylum to Julian Assange on Thursday,
ratcheting up tension in a standoff with Britain which has warned it could
revoke the diplomatic status of Quito's embassy in London to allow the
extradition of the WikiLeaks founder. The high-profile Australian former hacker
has been holed up inside the red-brick embassy in central London for eight
weeks since he lost a legal battle to avoid extradition to Sweden, where he is
wanted for questioning over rape allegations. Ecuadorean Foreign Minister
Ricardo Patino said he feared for the safety and rights of Assange which is why
he said his country had decided to grant him asylum. "Ecuador has decided
to grant political asylum to Julian Assange," Patino told a news
conference in Quito. Ecuador's decision takes what has become an international
soap opera to new heights since Assange first angered the United States and its
allies by publishing secret U.S. diplomatic cables on his WikiLeaks
website." The UK, needless to say, is not happy, and the UK foreign
ministry has said it will carry out binding obligation to extradite
Assange to Sweden. Looks like posturing is about to hit a crescendo
and someone will have to do something. Because foreign politics and diplomacy
is (luckily) not central planning.
8-16-12 WON'T BREAK THE CHAIN:
STICKING WITH LOBOTOMY JOE!
ROMNEY, RYAN PREPARE FOR ASSAULT ON OBAMA'S
SPENDING...
U.S. Foreign Debt Hits Another Record...
Democrats' nerves start to show...
VA BAKER SAYS NO TO BIDEN STOP...
Secret Service buys cupcakes as thanks...
Customers flock in...
'OBAMA CAN KISS OUR A**'...
HOW LOW WILL IT GO? FACEBOOK STOCK PLUNGES...
Has lost half of value...
JULY DEADLIEST MONTH OF 2012 FOR TROOPS...
ARMY SUICIDES SET RECORD...
FBI: Federal court clerk sold secret info to L.A.
gangsters...
New Jersey unemployment rate at 9.8%, highest since 1977...
REPORT: GM's European failure will prompt second
Obama bailout...
CHICAGOLAND: City Worker Caught Stealing 500 Feet Of
Copper -- Off Midway Airport Runway!
Ecuador grants WIKILEAKS founder asylum...
40 police surround embassy...
U.S. denies pushing arrest...
Obama defends Biden on 'chains' comment...
HE DID IT AGAIN: LIVING IN WRONG CENTURY!
REPORT: Obama has 22 days to drop Biden from
ticket...
VIDEO: Biden Refers to Ryan as 'Governor'...
Now Social Security Administration To Purchase 174
Thousand Rounds Of Bullets!
Hypersonic aircraft crashes seconds into military
test flight...
Thousands of Federal Retirees Get Six-Figure Pensions...
CHICAGOLAND: 50,000 line up for Obama amnesty
program...
Labor Dept. Attempts to Stop Layoffs by Giving $100
Million to States, Subsidize Payrolls...
VIDEO: Biden Imitates Sign Language Lady… [ I’m quite
serious when I say lobotomy joe biden had part of his brain removed… he literally
had part of his brain surgically removed…his nonsensical outbursts are
symptomatic of lobotomies generally…] ...
Wonderment Whether Biden Has 'Mental Capacity' for
Presidency...
VP says 'We can win North Carolina' -- while
campaigning in Virginia...
REPORT: Ill. state workers forced to attend Pelosi,
Jesse Jackson Jr. event on taxpayer dime...
Buchanan: 'Obama has steadily diminished both himself
and the office he holds'...
Campaign admits knowing story behind flawed PAC
attack ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs
Low...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression }
SPIRITS SPEAK TO PELOSI ( Riiiiight! And they keep
telling her… ‘bankrupt america…bankrupt america…bankrupt america’….she believes
them, tries her best to comply, and follows their advice! Meanwhile, by way of séance, hillary getting
the message…’more world strife…more world strife…more world strife…’ and she’s
complying! Not to be left out of democratic party stratagems, wobama’s been
seen sticking pins into a doll that bears an uncanny resemblance to President
Romney… If only they had a real strategy and knew what they were doing! ) ...
Over 100M in America on Federal
Welfare...
Dave’s Daily: http://www.etfdigest.com
8-15-12 ‘It’s hard to imagine markets being this
quietly determined to move higher without any dissent. Bears are in hibernation
consistently put-off by fear of QE3 and HAL 9000s. (Rosengrens & Fisher duel over QE.)
Economic data remains mixed with some better housing data but much worse
manufacturing data given today’s poor Empire State Mfg Survey (-5.85 vs 7
expected & prior 7). Within that data was very poor employment trends and
much higher prices paid data.The CPI came in flat which was strange given the
20% rise in most energy prices. The Homebuilders Sentiment rose to 37 from 35
which is the highest since February 2007 but we know what happened after that.
Industrial Production was slightly higher (.6%) and energy inventories dropped
substantially allowing for more price gains.A chart from the Fed shows
“completed” new homes and presents a rather different picture. http://albertpeia.com/newhousingunitscompleted.jpg ,
EUROPE HAS TWO POTENTIAL “HAIL MARY” PASSES … WOULD EITHER OF THEM WORK
{ Short Answer: NO! } ? http://albertpeia.com/europesbailmario.htm ,
THE CODY WORD Prepare for the crash now.
, Guest Post: We Are All Muppets
Now Muppets only complain
when the prop jobs and skimming fail to deliver fat gains to their accounts. But being a
muppet is being a mark: it's the muppets who are being milked and skimmed. Being a
participant in a hopelessly compromised, rigged market makes us marks because
we're ultimately providing liquidity and capital for the players to skim. When the
officially sanctioned intervention finally fails and the market leaks 40% of
its current value, the muppets will finally understand the "outsized
returns" were just a con used to entice them into playing digital 3-card
monte. The game is rigged, but the greed of the player
overrides his skepticism and caution. The same can be said for pension funds
and all the other institutional players. Desperate for yield, they've foolishly
ponied up hundreds of billions of dollars to play 3-card monte with crooked
dealers and a crooked house
The Mississippi River Is
Drying Up http://albertpeia.com/mississippidryingup.htm
August 15,
2012 By gpc1981 http://albertpeia.com/europesbailmario.htm
http://albertpeia.com/mississippidryingup.htm
8-15-12
Obama defends Biden on 'chains' comment...
HE DID IT AGAIN: LIVING IN WRONG CENTURY!
REPORT: Obama has 22 days to drop Biden from ticket...
VIDEO: Biden Refers to Ryan as 'Governor'...
Now Social Security Administration To Purchase 174
Thousand Rounds Of Bullets!
Hypersonic aircraft crashes seconds into military test
flight...
Thousands of Federal Retirees Get Six-Figure Pensions...
CHICAGOLAND: 50,000 line up for Obama amnesty program...
Labor Dept. Attempts to Stop Layoffs by Giving $100
Million to States, Subsidize Payrolls...
VIDEO: Biden Imitates Sign Language Lady… [ I’m quite
serious when I say lobotomy joe biden had part of his brain removed… he
literally had part of his brain surgically removed…his nonsensical outbursts
are symptomatic of lobotomies generally…] ...
Wonderment Whether Biden Has 'Mental Capacity' for
Presidency...
VP says 'We can win North Carolina' -- while campaigning
in Virginia...
REPORT: Ill. state workers forced to attend Pelosi, Jesse
Jackson Jr. event on taxpayer dime...
Buchanan: 'Obama has steadily diminished both himself and
the office he holds'...
Campaign admits knowing story behind flawed PAC attack
ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs Low...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression
}
SPIRITS SPEAK TO PELOSI ( Riiiiight! And they keep telling
her… ‘bankrupt america…bankrupt america…bankrupt america’….she believes them,
tries her best to comply, and follows their advice! Meanwhile, by way of séance, hillary getting the message…’more
world strife…more world strife…more world strife…’ and she’s complying! Not to
be left out of democratic party stratagems, wobama’s been seen sticking pins
into a doll that bears an uncanny resemblance to President Romney… If only they
had a real strategy and knew what they were doing! ) ...
Over 100M in America on Federal Welfare...
http://albertpeia.com/desperateforapaycheck.htm
August 14,
2012 By gpc1981
http://albertpeia.com/stopfoolingyourselftheyhavenosolution.htm
8-14-12 DER SPIEGEL: Investors Prepare for Euro Collapse...
Summer of gloom in Rome...
Honeymoon over, outlook worse for French president...
...vows to impose order after rioting
Obama campaign: 'We have no problem with those
comments'...
ROMNEY camp: 'New low'...
VIDEO: Biden Imitates Sign Language Lady… [ I’m quite
serious when I say lobotomy joe biden had part of his brain removed… he
literally had part of his brain surgically removed…his nonsensical outbursts
are symptomatic of lobotomies generally…] ...
Wonderment Whether Biden Has 'Mental Capacity' for
Presidency...
VP says 'We can win North Carolina' -- while
campaigning in Virginia...
REPORT: Ill. state workers forced to attend Pelosi,
Jesse Jackson Jr. event on taxpayer dime...
Buchanan: 'Obama has steadily diminished both himself
and the office he holds'...
Campaign admits knowing story behind flawed PAC attack
ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs
Low...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression }
SPIRITS SPEAK TO PELOSI ( Riiiiight! And they keep
telling her… ‘bankrupt america…bankrupt america…bankrupt america’….she believes
them, tries her best to comply, and follows their advice! Meanwhile, by way of séance, hillary getting
the message…’more world strife…more world strife…more world strife…’ and she’s
complying! Not to be left out of democratic party stratagems, wobama’s been
seen sticking pins into a doll that bears an uncanny resemblance to President
Romney… If only they had a real strategy and knew what they were doing! ) ...
Over 100M in America on Federal
Welfare...
Gingrich Warns: Obama 'direct threat' to my
grandchildren's future...
BOOK: Blago claimed $25,000 channeled to Obama...
Nearly half of long-term U.S. immigrants are on
welfare...
$5.2b in fraudulent tax refunds to immigrants...
OBAMA (who plays his 104th round of golf as potus) POPULARITY SOARS -- IN NIGGERTOWN DC!
Plays 104th round of golf (as nation flounders)...
HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but
'still very depressed'...
Ethics investigation continues...
BIASED MEDIA BASH: 86% of Romney coverage NEGATIVE... { Friday Humor: (obama last campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In Office" ZeroHedge.com Wow! The only explanation might be they’ve been duped by wobama along with the rest of the nation and are too embarrassed for not doing their reasonably expected due diligence on grifter obama and just won’t own up to the reality of the fraud called wobama! Wobama the b for b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere one looks…The government’s total indebtedness is $211 trillion’ … ) 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…’] }
Boehner: Obama has 'never even had a real job, for
God's sake'...
8-13-12 Dave’s
Daily: http://www.etfdigest.com COMPLACENCY IN LATE AUGUST 8-13-12 { Complacency? More like insanity as
market reactions were the logical opposites to what the data would dictate,
infra. But, that’s been true for quite some time on fraudulent wall
street. }
Are The Government And The Big Banks Quietly Preparing For An Imminent Financial Collapse? http://albertpeia.com/imminentfinancialcollapse.htm
How to Spot – and Defeat –
Disruption on the Internet Posted by : George Washington Post date: 08/13/2012
- 15:43 The 15 Rules of Web Disruption
David Martin’s Thirteen Rules for Truth Suppression, H. Michael Sweeney’s 25 Rules of Disinformation (and now Brandon Smith’s Disinformation: How It Works) are classic lessons on how to spot disruption and disinformation tactics.
We’ve
seen a number of tactics come and go over the years. Here are the ones we
see a lot of currently.
#1.
Start a partisan divide-and-conquer fight or otherwise
push emotional buttons to sew discord and ensure that cooperation is
thwarted. Get people fighting against each other instead of the corrupt powers-that-be. Use baseless caricatures to rile
everyone up. For example, start a religious war whenever possible
using stereotypes like “all Jews are selfish”, “all Christians are crazy” or
“all Muslims are terrorists”. Accuse the author of being a gay,
pro-abortion limp-wristed wimp or being a fundamentalist pro-war hick
when the discussion has nothing to do with abortion, sexuality, religion, war
or region. Appeal to people’s basest prejudices and biases. And – as
Sweeney explains – push the author into a defensive posture:
Sidetrack
opponents with name calling and ridicule … Associate opponents with unpopular
titles such as “kooks”, “right-wing”, “liberal”, “left-wing”, “terrorists”,
“conspiracy buffs”, “radicals”, “militia”, “racists”, “religious fanatics”,
“sexual deviates”, and so forth. This makes others shrink from support out of
fear of gaining the same label, and you avoid dealing with issues.
#2.
Pretend it’s hopeless because we’ll be squashed if we try. For example,
every time a whistleblower leaks information, say “he’s going to be bumped
off”. If people talk about protesting, organizing, boycotting,
shareholder activism, spreading the real facts, moving our money or taking
other constructive action, write things to scare and discourage people, say
something like “we don’t have any chance because they have drones and
they’ll just kill us if we try”, or “Americans are too stupid, lazy and
greedy, so they’ll never help out.” Encourage people to be apathetic
instead of trying to change things.
#3.
Demand complete, fool-proof and guaranteed solutions to the problems being
discussed. For example, if a reporter breaks the story that the big
banks conspired to rig a market, ask “given that people are selfish and that no
regulation can close all possible loopholes … how are you going to change human
nature?”, and pretend that it’s not worth talking about the details of the
market manipulation. This discourages people from reporting on and
publicizing the corruption, fraud and other real problems. And it ensures
that not enough people will spread the facts so that the majority know what’s
really going on.
#4.
Suggest extreme, over-the-top, counter-productive solutions which will hurt
more than help, or which are wholly disproportionate to what is being
discussed. For example, if the discussion is whether or not to
break up the big banks or to go back on the gold standard, say that everyone
over 30 should be killed because they are sell-outs and irredeemable, or
that all of the banks should be bombed. This discredits the attempt to spread
the facts and to organize, and is simply the web method of the provocateur.
#5.
Pretend that alternative media – such as blogs written by the top experts in their fields, without any middleman – are untrustworthy
or are motivated solely by money (for example, use the derogatory term
“blogspam” for any blog posting, pretending that there is no original or
insightful reporting, but that the person is simply doing it for ad revenue).
#6.
Coordinate with a couple of others to “shout down” reasonable comments.
This is especially effective when the posters launch an avalanche of comments
in quick succession … the original, reasonable comment gets lost or attacked so
much that it is largely lost.
#7.
Use an army of sock puppets. You can either hire low-wage
workers in India or other developing countries to “astroturf” or – if you work for the government – you can use
software which allows you to quickly create and alternate between numerous false identities,
each with their own internet address.
#8. Censor social media, so that the hardest-hitting information
is buried.
If you can’t censor it, set up “free speech zones” to push dissent into
dank, dark corners where no one will see it.
#9.
When the powers-that-be cut corners and take criminally reckless gambles with our lives and our livelihoods,
protect them by pretending that the inevitable result - nuclear accidents, financial
crises, terrorist attacks or other disasters – were “unforeseeable”
and that “no could have known”.
#10.
Protect the rich and powerful by labeling any allegations of
criminal activity as being a “conspiracy theory”. For example,
when Goldman gets caught rigging markets, label the accusations as mere
conspiracies.
The
following 4 tactics from Sweeney are also still commonly used …
#11.
Become incredulous and indignant. Avoid discussing key issues and instead focus
on side issues which can be used show the topic as being critical of some
otherwise sacrosanct group or theme. This is also known as the “How dare you!”
gambit.
#12.
Use a straw man. Find or create a seeming element of your opponent’s argument
which you can easily knock down to make yourself look good and the opponent to
look bad. Either make up an issue you may safely imply exists based on your
interpretation of the opponent/opponent arguments/situation, or select the
weakest aspect of the weakest charges. Amplify their significance and destroy
them in a way which appears to debunk all the charges, real and fabricated
alike, while actually avoiding discussion of the real issues.
#13.
Hit and Run. In any public forum, make a brief attack of your opponent or the
opponent position and then scamper off before an answer can be fielded, or
simply ignore any answer. This works extremely well in Internet and
letters-to-the-editor environments where a steady stream of new identities can
be called upon without having to explain criticism reasoning — simply make an
accusation or other attack, never discussing issues, and never answering any
subsequent response, for that would dignify the opponent’s viewpoint.
#14.
Question motives. Twist or amplify any fact which could so taken to imply that
the opponent operates out of a hidden personal agenda or other bias. This
avoids discussing issues and forces the accuser on the defensive.
#15.
Associate opponent charges with old news. A derivative of the straw man
usually, in any large-scale matter of high visibility, someone will make
charges early on which can be or were already easily dealt with. Where it can
be foreseen, have your own side raise a straw man issue and have it dealt with
early on as part of the initial contingency plans. Subsequent charges,
regardless of validity or new ground uncovered, can usually them be associated
with the original charge and dismissed as simply being a rehash without need to
address current issues — so much the better where the opponent is or was
involved with the original source.
Postscript:
Over a number of years, we’ve found that the most effective way to fight
disruption and disinformation is to link to a post such as this one which
rounds up disruption techniques, and then to cite the disinfo technique you
think is being used.
Specifically,
we’ve found the following format to be highly effective in educating people in
a non-confrontational manner about what the disrupting person is doing:
Good
Number
1!
Or:
Thanks
for that textbook example of Number
7!
(Include
the link, so people can see what you're referring to.)
The
reason this is effective is that other readers will learn about the specific
disruption tactic being used … in context, like seeing wildlife while holding a
wildlife guide, so that one learns what it looks like “in the
field”. At the same time, you come across as humorous and
light-hearted instead of heavy-handed or overly-intense.
Try
it … It works.’
August 12,
2012 By gpc1981
http://albertpeia.com/eurocollapse.htm
8-13-12 UPDATE: Taxpayer loss on auto bailout revised upward
to $25b...
Obama Campaign Defends President's $700 Billion Cuts
to Medicare...
HOUSE SUES HOLDER
10,000+ ROMNEYRYAN RALLY IN WI
REPORT: Obama fundraiser in Chicago. 'Admission only
$51, but room is half full'...
GOOGLE to Cut 4,000 Jobs...
NO DOUBT: Michelle O Has 'Sunday of Fun' at Stefani's
House...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression }
U.S. destroyer collides with oil tanker in Strait of
Hormuz...
Greece sinks again, more cuts to save bailout in
store...
Merkel ally sends stark warning...
Buchanan: 'Obama has steadily diminished both himself
and the office he holds'...
Campaign admits knowing story behind flawed PAC
attack ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs
Low...
SPIRITS SPEAK TO PELOSI ( Riiiiight! And they keep
telling her… ‘bankrupt america…bankrupt america…bankrupt america’….she believes
them, tries her best to comply, and follows their advice! Meanwhile, by way of séance, hillary getting
the message…’more world strife…more world strife…more world strife…’ and she’s
complying! Not to be left out of democratic party stratagems, wobama’s been
seen sticking pins into a doll that bears an uncanny resemblance to President
Romney… If only they had a real strategy and knew what they were doing! ) ...
Over 100M in America on Federal
Welfare...
http://albertpeia.com/nationalconsequencesofenslavementtobankers.htm { I really have to tell you, I’d rather be
enslaved by bankers than … Jano, see supra … Just kidding! Neither, is my real
answer! }
Drudgereport:
VIDEO: Paul Ryan took apart Obama and Obamacare -- in 6
minutes!
Romney Running Mate 9AM ET Saturday in Norfolk...
Nauticus
Museum, home of USS Wisconsin...
SOURCES:
Final names were Ryan, Rubio, Pawlenty, Christie, Portman and one unnamed wild
card...
ROMNEY MADE
CALLS LATE LAST NIGHT TO THOSE WHO DID NOT GET SLOT...
Obama Super PAC Ready to Launch More 'Incendiary'
Attacks...
GALLUP: O APPROVAL SLIPS TO 43%...
SPIKE LEE: 'EXPECTATIONS WERE WAY TOO HIGH'...
REPORT: STAR OF FLAWED 'CANCER' AD OFFERED BUYOUT...
'A cancer within the cloak of the Presidency'...
U.S. banks told to make plans for preventing
collapse...
Niggertown DC judge robbed at gunpoint...
NINTH CIRCUIT COURT HEADS TO HAWAIIAN JUNKET DESPITE
OUTCRY
YOGA, SURFING, ZUMBA DANCING!
Dave’s Daily: http://www.etfdigest.com ‘MARKET SUMMER BOREDOM CONTINUES 8-9-12
The good news from the U.S. today was Jobless Claims declined (361K vs 367
expected & prior revised higher to 367K allowing for a larger beat). That
was about it for good news. The bad news was 127K were dropped from the rolls
as their benefits have expired and, wait for it…the Bureau of Labor Statistics
goofed releasing this news 12 hours before time. Fear not, the BLS is investigating
and you can expect results of this breach in the distant future. More news
included an increase in international trade ($-42.9B vs expected $-47.5B &
prior revised to $-48B); the Bloomberg Consumer Comfort Index fell (-41.9 vs
prior -39.7 probably due to rising energy & food costs) and, Wholesale
Trade fell (-.2% vs .3% expected & prior revised to .0% from .3%). Taken as
a whole the data wasn’t inspiring although some thought the trade data was
suggestive of a small rebound in GDP.From overseas China Factory Production
fell to a 3 year low; inflation increased 1.8% and Home Sales fell 14.5% and
prices declined (gulp!) $71B. In the UK exports
declined 4.9% which must be Olympic gear is staying home?The dollar (UUP) was
higher and bonds (IEF) & (TLT) were weaker. Gold (GLD) barely budged and
commodities (DBC) were higher led by grains (JJG).Other than this news markets
remained motionless on light volume…’ ,
The Sobering Reality Of What
Life Is Like In Reno, Nevada
http://albertpeia.com/realityofdyinguscitieslikerenonv.htm , What the ECB Can Actually
Do... Not Much Posted by: Phoenix Capital... So there
is literally NO option that could save Europe at this point. We can get verbal
interventions and symbolic gestures (such as Draghi's "bazooka"
threat), but the fact of the... http://albertpeia.com/marketsshortsqueezeeurophorialunacy.htm , The Whack-A-Mole Algo Is Back ZerpHedge.com , Guest Post: Want More Tax
Revenue? Increase Jobs Not Rates
The Obama campaign has amplified its push on increasing taxes on the
wealthy and has painted Mitt Romney as a Robin-hood
in reverse saying that he wants to take from the poor and give to the rich.
The attack on Romney is incorrect as the real truth is that it is the
current Administration that is failing, once again, to recognize that the
problems facing the economy has nothing to do with the current tax rate
structure. It is election season, however…’ , Forget The Fiscal Cliff, Here
Comes The Corporate Bond Maturity Wall , Your Complete Guide To The
Coming Fiscal Cliff , Art Cashin On "The Folks
Who Brought You 1.5% GDP and 8.3% Unemployment" , Wholesale Inventories Drop MoM
First Time in 9 Months
, Bloomberg Consumer Comfort
Index Back At 'Severe Economic Discontent' Level , Insolvent US Postal Service
Loses Whopping $5.2 Billion In Third Quarter, 70% Higher Than Year Ago
Disinformation: How It Works The best way to disarm disinformation agents
is to know their methods inside and out. This gives us the ability to point out
exactly what they are doing in detail the moment they try to do it. Immediately
exposing a disinformation tactic as it is being used is highly destructive to
the person utilizing it. It makes them look foolish, dishonest and weak for
even making the attempt. Internet trolls most especially do not know how to
handle their methods being deconstructed right in front of their eyes and
usually fold and run from debate when it occurs. The truth is
precious. It is sad that there are so many in our society who
have lost respect for it; people who have traded in their conscience and their
soul for temporary financial comfort while sacrificing the stability and
balance of the rest of the country in the process. Disinformation does not only
threaten our insight into the workings of our world; it makes us vulnerable to
fear, misunderstanding, and doubt: all things that lead to destruction. It can
drive good people to commit terrible atrocities against others, or even against
themselves. Without a concerted and organized effort to diffuse mass-produced
lies, the future will look bleak indeed.
http://albertpeia.com/realityofdyinguscitieslikerenonv.htm
What the ECB Can Actually Do... Not Much
Posted 8-9-12 by: Phoenix Capital... So there
is literally NO option that could save Europe at this point.
http://albertpeia.com/marketsshortsqueezeeurophorialunacy.htm
Drudgereport: 8-09-12 Buchanan: 'Obama has steadily diminished both himself
and the office he holds'...
Campaign admits knowing story behind flawed PAC
attack ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs
Low...
ITALY SLAMS GERMANY IN EU FIGHT...
More Abandoned Children as Austerity Wears On...
Greek jobless rate hits record...
Over 100M in America on Federal
Welfare...
Gingrich Warns: Obama 'direct threat' to my
grandchildren's future...
BOOK: Blago claimed $25,000 channeled to Obama...
Nearly half of long-term U.S. immigrants are on
welfare...
$5.2b in fraudulent tax refunds to immigrants...
OBAMA (who plays his 104th round of golf as potus) POPULARITY SOARS -- IN NIGGERTOWN DC!
Plays 104th round of golf (as nation flounders)...
HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but
'still very depressed'...
Ethics investigation continues...
BIASED MEDIA BASH: 86% of Romney coverage NEGATIVE... { Friday Humor: (obama last campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In Office" ZeroHedge.com Wow! The only explanation might be they’ve been duped by wobama along with the rest of the nation and are too embarrassed for not doing their reasonably expected due diligence on grifter obama and just won’t own up to the reality of the fraud called wobama! Wobama the b for b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere one looks…The government’s total indebtedness is $211 trillion’ … ) 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…’] }
Boehner:
Obama has 'never even had a real job, for God's sake'...
O BRINGS BACK
TELEPROMPTER...
One Last
Breadth: 3 Reasons to Not Trust this Market By Chad
Karnes ETFguide
, Dave’s
Daily: http://www.etfdigest.com ‘THE DEATH OF VOLUME 8-8-12
…
We’re on the downside of the earnings news cycle and while many reports have
beaten estimates those were much reduced. Further revenues and guidance have been weak overall. Bond (IEF) investors didn’t seem to
like the 10-year Treasury auction which saw yields rise dramatically from 1.45%
just a month ago to 1.68% Wednesday. , France to slide into recession
says central bank France's
central bank expects the country to slip into recession in the third quarter
with many EU countries already in recession in the wake of the debt
crisis. , Top Obama watchdog: America's
'pretty f**ked' If you are
looking for opinions on the current state of the country, former TARP Inspector
General Neil Barofsky is opening up about what he thinks of America. And, if
you ask him, the whole nation might be pretty damn f**ked. , More Than 100 Million
Americans Are On Welfare
http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
{ Think about this! By wobama’s own criteria in his
last total b***s*** campaign, he should be stepping down; having failed on all
counts and then some. He also promised to cut the nation’s deficit in half by
the end of his term; yet, he has increased the nation’s deficit by a record
amount greater than all the presidents since Eisenhower COMBINED ($5 trillion).
He has done this to help cover up his unequivocal failure by any standard by
which you measure a presidency, including his own. People in america must show
the Washingtonians they are not doormats! They must stand up and let these
politicos know that results count; particularly promised results. Absent
positive results as with unmitigated failure, choom-gang-banger wobama, they
get the boot. President Romney deserves the 4 years he’ll have to turn this
disaster called america around. If President Romney doesn’t cut the mustard in
4 years as promised, then he will be out. Results Count! I believe that people
in the final analysis will choose self-respect; that is, choose NOT to be
wobama’s doormat. Despite and contrary to wobama’s spin/propagandameisters’
desperate spin/outright falsity which addresses anything but wobama’s clear
record of failure, President Romney is smart enough, flexible enough, and with
a record of concrete results behind him as compared to wobama choom
fantasy/b***s***, President Romney will be a hands-on President to the entire
nation in the most positive sense. As such, I believe people will choose
self-respect, reality, real results which will make President Romney’s election
a substantial margin blowout victory!
Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere
one looks…The government’s total indebtedness is $211 trillion’ … ) Obama's Five Trillion Dollar
Lie http://albertpeia.com/obamas5trilliondollarlie.htm }
http://albertpeia.com/morethan100millionamericansonwelfare.htm
Drudgereport: 8-08-12 Over 100M in America on Federal
Welfare...
Gingrich Warns: Obama 'direct threat' to my grandchildren's
future...
BOOK: Blago claimed $25,000 channeled to Obama...
Nearly half of long-term U.S. immigrants are on
welfare...
$5.2b in fraudulent tax refunds to immigrants...
Romney says Obama favors 'culture of dependency'...
OBAMA: 'I'm not the president of black America'… {
Well, meaningless distinctions notwithstanding, as of January 21, 2013, this
failed president B.0. is president of nothing! } ...
Blames State, Local Govts, Congress for 14.1% Black
Unemployment...
Voters in Detroit Turned Away For Refusing To Fill In
Citizenship Box On Ballot...
Polls open late after official oversleeps … { just
another day in niggertown detroit! } ...
Obama stops taking questions from press...
OBAMA (who plays his 104th round of golf as potus) POPULARITY SOARS -- IN NIGGERTOWN DC!
Plays 104th round of golf (as nation flounders)...
HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Guest Post: US Government
Proposes Law Making It Illegal For Them To Kill You Last Friday, US Congressman Dennis Kucinich
introduced HR 6357, a bill which aims to ‘prohibit the extrajudicial
killing of United States citizens’ by the federal government. In other
words, in the Land of the Free, they need to pass a law to prevent the
government from indiscriminately murdering its own citizens. Now if this
doesn’t give one reason to pause and consider the distortions of liberty
that have taken place in western civilization, I don’t know what will. Ask yourself,
are you really living in a free society? Are you free? If not, why not?
What else could possibly be more important? It takes
courage to answer honestly.
http://albertpeia.com/preparingforcollapseofeconomy.htm
http://albertpeia.com/eumathinsolvency.htm
8-07-12 Romney says Obama favors 'culture of dependency'...
OBAMA: 'I'm not the president of black America'… {
Well, meaningless distinctions notwithstanding, as of January 21, 2013, this
failed president B.0. is president of nothing! } ...
Blames State, Local Govts, Congress for 14.1% Black
Unemployment...
Voters in Detroit Turned Away For Refusing To Fill In
Citizenship Box On Ballot...
Polls open late after official oversleeps … { just
another day in niggertown detroit! } ...
Obama stops taking questions from press...
OBAMA (who plays his 104th round of golf as potus) POPULARITY SOARS -- IN NIGGERTOWN DC!
Plays 104th round of golf (as nation flounders)...
HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but
'still very depressed'...
Ethics investigation continues...
Why Europe Matters… And How
Spain Could Wipe Out Your 401(k) Posted by
: Phoenix Capital... Post date: 08/06/2012 – http://albertpeia.com/eumatterswipeoutyour401k.htm In simple terms Europe is a HUGE deal
for everyone. We’re not talking about some distant region far off in the
distance that we will watch go down from our decks. We’re talking...
Obama Is Using The Curiosity
Landing To Push Government Spending
Business Insider | President
Barack Obama congratulated NASA on its successful mission to send a robotic
rover to Mars tonight, calling the landing of the Curiosity an “unprecedented
feat of technology.” { Riiiiight! ….. Geeeh! And here, I
already thought they’ve already done that … and, it’s so helped america’s
fiscal and economic position in the solar system! } { MISSIONS TO MARS TIMELINE: 1992 to 2004
September 25, 1992 - Mars
Observer launched. Spacecraft designed to map the martian surface from orbit with
a large, sophisticated science payload.
August, 1993 - contact lost with
Mars Observer.
1995 - NASA selects Mars Polar
Lander for 1999 launch.
1996 - Athena Mars Rover mission
proposed (unsuccessfully) to NASA Discovery Program for launch in 2002.
November 7, 1996 - Mars Global
Surveyor launched.
November 16, 1996 - Russian Mars
'96 orbiter/landers launched.
November 17, 1996 - Mars '96
fails to achieve insertion into Mars cruise trajectory and re-enters the
Earth's atmosphere.
December 4, 1996 - Mars
Pathfinder launched.
July 4, 1997 - Mars Pathfinder
lands on Mars and begins a successful mission.
September 11, 1997 - Mars Global
Surveyor arrives at Mars and begins a successful mission that continues today.
September 27, 1997 - last
successful data transmission from Mars Pathfinder
November, 1997 - Athena Mars
Rover Payload selected for launch in 2001.
Spring, 1998 - NASA and JPL
announce that due to engineering problems and funding shortages in the Mars
program, launch of the Athena Mars Rover Payload will be delayed until 2003,
with landing in 2004. Instead, NASA will send a stationary lander (similar to
the Mars Polar Lander) to Mars in 2001. Four Athena instruments would be flown
on this lander as a precursor to the full Athena investigation in 2003.
July 3, 1998 - Nozomi, Japanese
Mars orbiter launched.
December 11, 1998 - Mars Climate
Orbiter launched.
December 21, 1998 - course
correction burns leave Nozomi with less fuel than expected. The orbiter is to
remain in heliocentric orbit for five years.
January 3, 1999 - Mars Polar
Lander launched.
September, 1999 - Mars Climate
Orbiter spacecraft fails to achieve orbit due to a navigation error.
December 3, 1999 - Mars Polar
Lander fails, apparently due to a software error.
May, 2000 - Mars 2001 Lander
mission, which would have used a lander similar to Mars Polar Lander, cancelled
by NASA. Mars program undergoes a major restructuring.
July, 2000 - NASA selects the
Mars Exploration Rover mission for flight in 2003. The mission will send a
large rover to Mars carrying the Athena Mars Rover Payload, and will use the
same landing system that was used successfully by Mars Pathfinder.
August, 2000 - NASA announces
that two identical rovers will be flown in 2003, each carrying identical copies
of the Athena payload.
April 7, 2001 - Mars Odyssey
orbiter launched; will aid in landing site selection for MER and relay data
from Athena instruments.
June 2, 2003 - The European
Space Agency's Mars Express Orbiter and Beagle 2 Lander launched from Baikonur,
Kazakhstan.
June 10, 2003 - The MER-A rover
called Spirit is launched from Cape Canaveral, Florida.
July 7, 2003 - The MER-B rover
called Opportunity is launched from Cape Canaveral, Florida.
December 9, 2003 - Nozomi
mission abandoned due to lack of fuel and a damaged electrical system.
December 26, 2003 - Mars Express
arrives at Mars.
January 3, 2004 - The Mars rover
Spirit lands.
January 25, 2004 - The Mars
rover Opportunity lands.
January, 2004-present - The
rovers Spirit and Opportunity operate on the martian surface. }
http://endoftheamericandream.com
http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
{ Think about this! By wobama’s own
criteria in his last total b***s*** campaign, he should be stepping down;
having failed on all counts and then some. He also promised to cut the nation’s
deficit in half by the end of his term; yet, he has increased the nation’s
deficit by a record amount greater than all the presidents since Eisenhower
COMBINED ($5 trillion). He has done this to help cover up his unequivocal
failure by any standard by which you measure a presidency, including his own.
People in america must show the Washingtonians they are not doormats! They must
stand up and let these politicos know that results count; particularly promised
results. Absent positive results as with unmitigated failure, choom-gang-banger
wobama, they get the boot. President Romney deserves the 4 years he’ll have to
turn this disaster called america around. If President Romney doesn’t cut the
mustard in 4 years as promised, then he will be out. Results Count! I believe
that people in the final analysis will choose self-respect; that is, choose NOT
to be wobama’s doormat. Despite and contrary to wobama’s
spin/propagandameisters’ desperate spin/outright falsity which addresses
anything but wobama’s clear record of failure, President Romney is smart
enough, flexible enough, and with a record of concrete results behind him as
compared to wobama choom fantasy/b***s***, President Romney will be a hands-on President
to the entire nation in the most positive sense. As such, I believe people will
choose self-respect, reality, real results which will make President Romney’s
election a substantial margin blowout victory!
Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere
one looks…The government’s total indebtedness is $211 trillion’ … ) Obama's Five Trillion Dollar
Lie http://albertpeia.com/obamas5trilliondollarlie.htm }
Submitted
by Tyler Durden on 08/03/2012 { Wobama the b for b***s*** speaks
… on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211
trillion’ … ) 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…’] }
0-"If we confront this crisis without also
confronting the deficits that helped cause it, we risk sinking into another
crisis down the road as our interest payments rise, our obligations come due,
confidence in our economy erodes and our children and grandchildren are unable
to pursue their dreams because they are saddled with our debts. That's why
today I am pledging to cut the deficit we inherited by half by the end
of my first term in office... That means taking responsibility right
now in this administration, for getting our spending under control."
Why Europe Matters… And How
Spain Could Wipe Out Your 401(k) Posted by
: Phoenix Capital... Post date: 08/06/2012 – http://albertpeia.com/eumatterswipeoutyour401k.htm In simple terms Europe is a HUGE deal
for everyone. We’re not talking about some distant region far off in the
distance that we will watch go down from our decks. We’re talking...
8-06-12 Obama stops taking questions from press...
Biden Takes Another Week Off...
OBAMA (who plays his 104th round of golf as potus) POPULARITY SOARS -- IN NIGGERTOWN DC!
Plays 104th round of golf (as nation flounders)...
HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but
'still very depressed'...
Ethics investigation continues...
DEVIL WENT DOWN TO DC: Charlie Daniels unloads
'dag-blamed truth' on Obama...
NEW RULES: Obama weighs executive-order on 'Internet
security'...
REPORT: IRAN TEST-FIRES SHORT-RANGE MISSILE...
Iran airs confessions in murder of Iranian
scientists...
Goes offline to dodge cyber-attacks...
BLOODBATH IN WISCONSIN...
Milwaukee suburb...
Video...
Cash pours in to Romney campaign; another $100
million month...
BIASED MEDIA BASH: 86% of Romney coverage NEGATIVE...
{ Friday Humor: (obama last
campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The
End Of My First Term In Office" ZeroHedge.com Wow! The only explanation
might be they’ve been duped by wobama along with the rest of the nation and
just won’t own up to the reality of the fraud called wobama! Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211
trillion’ … ) 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…’] }
Boehner: Obama has 'never even had a real job, for
God's sake'...
O BRINGS BACK TELEPROMPTER...
REPORT: Warnings ignored in Solyndra loan...
STOCK IMPLOSION HITS CA TAX REVENUES...
San Bernardino files for bankruptcy...
Vacant Detroit becomes dumping ground for the dead...
House urges Obama to fight UN web regulation...
Dave’s Daily: http://www.etfdigest.com ‘BULLS JUMP ON EMPLOYMENT DATA’ 8-3-12 [
{ Dave’s Daily Summary with pics/charts – Dave is always worth a look; a bit
too bullish methinks, but somewhat realistic in light of the preposterous
churn-and-earn frauds/’valuations’, which folly has gone global and will end
quite badly! http://albertpeia.com/davesummary8312.htm } Then there’s: {
AP: Preposterous beyond words! In a nutshell: lunatics here on wall street and
abroad are indeed affected by this full moon in a very big way! } ] , Lest you think we’ve turned
the corner. . . . MK .. FDIC announces another bank failure.. the 40th bank
failure this year. At that rate about six per month.. Waukegan Savings Bank of
Waukegan, Illinois, http://albertpeia.com/bernankeputalie.htm
Lest you think we’ve turned
the corner. . . .
August 3, 2012 MK It’s Friday. And
if its Friday, the FDIC announces another bank failure. In this case the 40th
bank failure this year. At that rate about six per month. (But who’s counting?)
Waukegan Savings Bank of Waukegan, Illinois. . . . Continue reading … , The Bernanke Put is a Lie By gpc1981
http://albertpeia.com/bernankeputalie.htm , The Employment Rate In The
United States Is Lower Than It Was During The Last Recession http://albertpeia.com/usemploymentratelowerthanlastrecession.htm , Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere
one looks…The government’s total indebtedness is $211 trillion’ … ) 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…’] }
obama-"If we confront this crisis without also confronting the deficits
that helped cause it, we risk sinking into another crisis down the road as our
interest payments rise, our obligations come due, confidence in our economy
erodes and our children and grandchildren are unable to pursue their dreams
because they are saddled with our debts. That's why today I am pledging
to cut the deficit we inherited by half by the end of my first term in office... That
means taking responsibility right now in this administration, for getting our
spending under control
August 3,
2012 By gpc1981
http://albertpeia.com/bernankeputalie.htm
Submitted
by Tyler Durden on 08/03/2012 { Wobama the b for b***s*** speaks
… on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211
trillion’ … ) 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…’] }
0-"If we confront this crisis without also
confronting the deficits that helped cause it, we risk sinking into another
crisis down the road as our interest payments rise, our obligations come due,
confidence in our economy erodes and our children and grandchildren are unable
to pursue their dreams because they are saddled with our debts. That's why
today I am pledging to cut the deficit we inherited by half by the end
of my first term in office... That means taking responsibility right
now in this administration, for getting our spending under control."
http://albertpeia.com/usemploymentratelowerthanlastrecession.htm
8-03-12 POLL: Obama Job Approval Slips to 44%; Matches 2012
Low...
8.3% { Unemployment, plus record on
disability, part-timers, underemployed, on food stamps, etc., upwards of 15% U6 with ‘stopped looking’
fudge factored, etc.. }
Godfather refers SOLYNDRA questions to consigliere in
White House...
Colin Powell's Son As Next DC Mayor? {
Sure! What else! Niggers for niggertown! And, all sides of all issues
incompetent token black powell progeny at that! }
Clint Eastwood backs Romney: 'Country needs boost'… {
Clit redeems himself … I’m impressed! } ...
{ Here’s another lift Clint: } PHELPS MAKES MORE HISTORY WITH FLY...
Zuckerberg has lost $9 billion since IPO...
BIASED MEDIA BASH: 86% of Romney coverage NEGATIVE...
{ Friday Humor: (obama last
campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The
End Of My First Term In Office" ZeroHedge.com Wow! The only explanation
might be they’ve been duped by wobama along with the rest of the nation and
just won’t own up to the reality of the fraud called wobama! Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211
trillion’ … ) 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…’] }
Boehner: Obama has 'never even had a real job, for
God's sake'...
O BRINGS BACK TELEPROMPTER...
REPORT: Warnings ignored in Solyndra loan...
STOCK IMPLOSION HITS CA TAX REVENUES...
San Bernardino files for bankruptcy...
Vacant Detroit becomes dumping ground for the dead...
House urges Obama to fight UN web regulation...
COPS: Teen Stabs Man 22 Times
After Online Xbox Chat Turns Sour...
REPORT: White House scrambles
to prevent defense cut pinkslips before election...
Chicago: 'The Deadliest Global
City'...
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Court Finds Obama Appointees Interfered with New
Black Panther Prosecution...
UPDATE: Jesse Jackson Jr. at Mayo Clinic for
depression...
REPORT: Obama's 'You didn't build that' gaffe won't
bring back teleprompter...
Gorilla in zoo hangs himself...
CAMPAIGN RATTLED...
Barack Obama Sr: 'Nothing Stopping Gov't From Taxing
100% Of Income'...
POLL: Less than half of voters think president is
Christian...
ROMNEY
MOVES INTO LEAD AT GALLUP, RASMUSSEN...
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
OBAMA
CAMPAIGN RUNS DEFICIT IN JUNE...
Dave’s Daily: http://www.etfdigest.com ‘DRAGHI DROPS THE BATON 8-2-12,
Spain And Italy Are Toast
…Euros http://albertpeia.com/spainitalytoastnomatterwhat.htm , The Fed's Gold Is Being
Audited... By The US Treasury
ZeroHedge.com
Spain And Italy Are Toast
…Euros
http://albertpeia.com/spainitalytoastnomatterwhat.htm
http://albertpeia.com/only24percentusjobsgood.htm
8-02-12 GM PROFITS PLUNGE 41%...
Feds keep buying more cars...
HEATWAVE
ON HILL:Romney to Reid: 'Put up or shut up'...
Dems apologize to Adelson for 'Chinese prostitution'
comments...
Boehner: Obama has 'never even had a real job, for
God's sake'...
O BRINGS BACK TELEPROMPTER...
REPORT: Warnings ignored in Solyndra loan...
Mainstream Media Blacks Out CHICK-FIL-A Story?
FAKEBOOK MILLIONS: PETS MAKE PAGES...
STOCK IMPLOSION HITS CA TAX REVENUES...
San Bernardino files for bankruptcy...
Vacant Detroit becomes dumping ground for the dead...
House urges Obama to fight UN web regulation...
COPS: Teen Stabs Man 22 Times
After Online Xbox Chat Turns Sour...
REPORT: White House scrambles
to prevent defense cut pinkslips before election...
Chicago: 'The Deadliest Global
City'...
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Court Finds Obama Appointees Interfered with New
Black Panther Prosecution...
UPDATE: Jesse Jackson Jr. at Mayo Clinic for
depression...
Dave’s Daily: http://www.etfdigest.com ‘BERNANKE PASSES THE BATON TO
DRAGHI 8-1-12 http://albertpeia.com/davescharts8112.jpg http://albertpeia.com/davescharts8113.jpg ’
, Angela Merkel Will NOT Lose
Germany’s AAA Status Before Her Re-election Let’s Stop Kidding Ourselves
and Look at the REAL Math Behind Spain http://albertpeia.com/merkelholdsspainfolds.htm , Mainstream Reporter Tells The
Truth About Audit The Fed And The Creation Of The Federal Reserve http://albertpeia.com/truthaboutauditfedandfedcreation.htm , This Is What Happens When An
HFT Algo Goes Totally Berserk And Serves Knight Capital With The Bill ZeroHedge.com
http://endoftheamericandream.com
http://albertpeia.com/theywanttochipyou.htm
Kurt Nimmo
Infowars.com
July 31, 2012
{ I’m really
constrained to interject my own direct experience with the FBI here; and, I
must say I do so lamentably. If you want no real results vis-à-vis organized
crime which now extends to the upper reaches, highest levels of the corrupt
u.s. government, go to the FBI. I discounted the new jersey FBI as just typical
corrupt, mob infested jersey which thinks in terms of discos/casinos. But,
truth be told, they never ask the ‘tough’ questions of the biggest criminals;
ie., the biggest wall street frauds, cia connected illegal ‘drug ops’
(ops…riiiiight), federal judges ie., trump barry, shiff, alito, etc.; but, they
did go after Martha Stewart in a very big way over a $45,000 transaction. Wow! You
can’t make this stuff up. I also don’t believe their (understated) crime stats
for even a second. I’m beginning to feel foolish for having even put my full
faith and trust in them, much less the ‘federal (judicial) system’ who share
the ‘same employer’; and, despite my antipathy for the mob, probably would have
fared ‘more fairly’ with the mobsters directly who seem to have at least some
sense of the magnitude of the fraud involved and the pervasive corruption of
the system and government and maybe a semblance of honor in this nation of
protracted decline. It never would have occurred to me back when for me, such a
choice/decision was clear-cut and simple. Such a course as mine I no longer
could recommend inasmuch as there is little difference between state/government
sponsored crime/corruption and that perpetrated by other criminal elements,
from my direct experience with both, infra:
Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless. Jersey ‘italian’
snooki? In mob infested new jersey, who knows (one of the properties in my
proceedings for which surplus funds are unaccounted for was a 2 bedroom 1 and
1/2 bath condominium in seaside heights, n.j.). But debauchery an american specialty?
Another rare instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply
unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s
direct involvement in the illegal drug trade). In this civil RICO matter, there
are no innocent bystanders; but rather, perpetrators, accomplices, and
co-conspirators. When the fbi agent initially assigned to this matter
(Connecticut) abruptly resigned/retired shortly after a conversation, though
not central to my case, wherein I had said that rudy giuliani’s father had been
an (convicted) enforcer for the mob (served 12 years? in prison, aggravated
assault/manslaughter?) and then sent him documentation owing to his disbelief.
Though ultimately ineffectual vis-à-vis my case, he was a likeable guy for whom
I had and still have regard. I then spoke with FBI Agent Jeff Rasey upon the
aforesaid agent’s departure who somewhat plaintively (‘my call being a burden’)
told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to the disco that night’ (the documents including sworn statements
delivered to then u.s. attorney sam alito’s office in the same building
disappeared twice along with the initial assistant u.s. attorney Jonathan Lacey
with whom I had reviewed the documentary evidence, documents and their probative
value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s
reward / quid pro quo for his cover-up by his current position on the u.s.
supreme court. There was never a question as to maryanne trump
barry’s interest in corrupting the judicial process as related to her brother’s
(trump) casinos. Jersey city boy louis freeh, labeled by former Prosecutor
Larry Klaiman as the most corrupt FBI director ever (see infra, mueller seems
no different, and certainly holder’s impeachable actions and corrupt
behavior/cover-ups fit the mold, ie., fast and furious, race bias favoring
blacks, etc.) apparently covered up the RICO violations as sent to him, and,
with italian citizenship and lucrative insider deals fits the bill. The FBI
Agent Jeff Hayes of the Long Beach Office with whom I reviewed the RICO
documents and confirmed same as indicative of (drug) money laundering was
transferred shortly after meeting with him, as has been so of FBI Agent Bill
Lewis (promoted to Washington FBI headquarters) with whom I discussed the RICO
matter and case disks/dvd’s sent to the LA FBI office (they printed the
documents thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los
Angeles (see infra). So, as regards FBI flaws, coverup, etc., I have to believe
it based on my own experience and reasonable inference. I’m currently being
‘stonewalled’ by the LA FBI office since the departure of FBI Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a public-interest law firm
that fights corruption in government. To read Larry Klayman's
letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW Chairman Larry Klayman.
"His behavior stands in stark contrast to Louis Freeh, a man so corrupt
he destroyed the office he led, ...
www.freedomwriter.com/issue20/am15.htm
“Louis
Freeh will finally have to answer in court for what he did to our clients.
... answers,” stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial Watch ... My name is Larry
Klayman. ... interest group that investigates and prosecutes government corruption
and abuse. ...... They seized his computer – these are FBI agents at the
direction of Louis Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt behavior, Freeh
was placed on Judicial Watch's ... stated Judicial Watch Chairman and General
Counsel Larry Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry Klayman ... While Judicial
Watch has asked FBI Director Louis Freeh to .... lawsuits against a corrupt
and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH, in his personal capacity;
NEIL GALLAGHER, in his No. ... COUNSEL ARGUED: Larry E. Klayman,
JUDICIAL WATCH, INC., Washing- ton, D.C. ...
Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply
unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding ie., the u.s. government’s
direct involvement in the illegal drug trade, etc.). In this civil RICO matter,
there are no innocent bystanders; but rather, perpetrators, accomplices, and
co-conspirators. When the fbi agent initially assigned to this matter
(Connecticut) abruptly resigned/retired shortly after a conversation, though
not central to my case, wherein I had said that rudy giuliani’s father had been
an (convicted) enforcer for the mob (served 12 years? in prison, aggravated
assault/manslaughter?) and then sent him documentation owing to his disbelief.
Though ultimately ineffectual vis-à-vis my case, he was a likeable guy for whom
I had and still have regard. I then spoke with FBI Agent Jeff Rasey upon the
aforesaid agent’s departure who somewhat plaintively (‘my call being a burden’)
told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to the disco that night’ (the documents including sworn statements
delivered to then u.s. attorney sam alito’s office in the same building
disappeared twice along with the initial assistant u.s. attorney Jonathan Lacey
with whom I had reviewed the documentary evidence, documents and their
probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s
reward / quid pro quo for his cover-up by his current position on the u.s.
supreme court. There was never a question as to maryanne trump
barry’s interest in corrupting the judicial process as related to her brother’s
(trump) casinos. Jersey city by louis freeh, labeled by former Prosecutor Larry
Klaiman as the most corrupt FBI director ever (see infra, mueller seems no
different, and certainly holder’s impeachable actions and corrupt
behavior/cover-ups fit the mold, ie., fast and furious, race bias favoring
blacks, etc.) apparently covered up the RICO violations as sent to him, and,
with italian citizenship and lucrative insider deals fits the bill. The FBI
Agent Jeff Hayes of the Long Beach Office with whom I reviewed the RICO
documents and confirmed same as indicative of (drug) money laundering was
transferred shortly after meeting with him, as has been so of FBI Agent Bill
Lewis (promoted to Washington FBI headquarters) with whom I discussed the RICO
matter and case disks/dvd’s sent to the LA FBI office (they printed the
documents thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los
Angeles (see infra). So, as regards FBI flaws, coverup, etc., I have to believe
it based on my own experience and reasonable inference. I’m currently being ‘stonewalled’
by the LA FBI office since the departure of FBI Agent Bill Lewis.
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit cover-up /
fraud on the part of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez, Assistant Director In
Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within
DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s request as made this day (the disk and contents have been scanned by
Avast, McAfee, and Norton which I’ve installed on my computer to prevent viral
attacks / infection and are without threat). I also include 1 copy of the DVD
as filed with the subject court as referenced therein (which files are also
included on the aforesaid 3 disks in a separate folder named ‘112208opocoan’).
The (civil) RICO action (as you’re aware, the RICO Act is a criminal statute
which provides a civil remedy, including treble damages and attorney fees, as
an incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case RICO Summary to FBI Under
Penalty of Perjury at Their Request (5 pages)
[ ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the
Congresswoman by way of email attachment (apparent but typical problem with my
mail) along with my response thereto is included on the 3 disks
as fbicorrespondencereyes.htm
. With regard to the calls to the FBI’s LA and New Haven, CT
offices: There was one call to the LA office and I was referred to the Long
Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I
gave probative evidentiary documents of the money laundering which he confirmed
as indicative of same (he was transferred from said office within approximately
a month of said meeting and his location was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in touch
for in excess of a decade until he abruptly retired (our last conversation
prior to his retirement related to the case and parenthetically, Rudy Giuliani
whose father I stated had been an enforcer for the mob to which he registered
disbelief and requested I prove it, which I did – he served 12 years in prison,
aggravated assault/manslaughter? – and no, there is no Chinese wall of separation
– Andrew Maloney’s the one that prosecuted gotti).
In contradistinction to the statement in
said correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
· A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which could be used for payment to creditors, Los Angeles, etc..
· Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
· The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever by the court’s deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
·
Defendant Coan had filed an action against me to
prevent me from suing him which necessitated me to fly to Connecticut for a
hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District of
Connecticut, who denied Coan’s requested relief as to Coan but precluded my
action against Shiff (although there is no immunity, judicial or otherwise, for
criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) .
[ transcript in pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf
]
· Newly appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.
·
Probative and evidentiary documents, affidavits,
exhibits, including those turned over to FBI Agent Jeff Hayes in Long Beach,
CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met
personally at the U.S. Attorney’s Office in Newark, N.J., at which time Samuel
Alito was U.S. Attorney, and went over said documents and their probative value
with him. Within approximately a month thereafter upon inquiry I was told that
Jonathon Lacey was no longer with the office, that the file/documents could not
be located, and that there was no further information available concerning
contacting him or his location. I thereupon delivered by hand, copies of said
documents to the office of then U.S. Attorney Alito, addressed to him, with
assurance they would go directly to him. In addition to being inept [ I looked
in on the one mob case he had brought, bungled, lost (accidently on purpose?)
since I was suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt Alito brought in all
20 mob defendants (rather than prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom along with their moans during
testimony and had the jury in stitches. As much as I hate the mob, it truly was
funny, if not so tragic.], Alito is also corrupt (and maybe corrupt
because he is inept). After a reasonable (but still rather short) time I called
to determine the status and was told that Alito was no longer with the Office
of the U.S. Attorney, that he was (appointed) a federal judge, and that neither
the documents nor any file or record of same could be located. Alito did parley
the same / cover-up into quid pro quo direct lifetime appointment to the Court
of Appeals, 3rd circuit, despite the absence of judicial experience
or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is
the same Sam Alito that now sits on the purported highest court in the land.
The real application of the illegal rule ‘don’t ask, don’t tell’.
There is
applicable insurance / surety coverage and neither LA, nor creditors, nor I
should continue to have been damaged by this brazened corrupt and illegal
scenario, which should be resolved in accordance with the meaningful rules of
law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but
there are unresolved problems with the line, computer connection may be the
reason but I hesitate to chance greater non-performance / worsening by their
‘fix’ so cell phone best for contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr. Peia:
Thank you for being in touch. As we
continue the busy first session of the 112th Congress, I want you to
know that I am grateful for the various times you have shared your thoughts and
concerns with me on different issues. Please be assured that your voice
is being heard and that your perspective helps me to better represent you in
Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription
for ‘economic doldrums’, euphemistically speaking (there are
articles/studies/data that dispute the purported effectiveness of the widely
hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian
way’ is certainly no longer a prudent approach today in light of the
insurmountable debt levels of nations worldwide and in america particularly
along with the concomitant over-printed, debased ‘paper currencies’ to finance
same. Quite simply, there simply is not enough real value being created for
redistribution, a situation exacerbated by the parasitic lightening fast,
computerized churn and earn high frequency trading programs on fraudulent wall
street (they should be prosecuted, jailed, fined, and disgorgement imposed for
extant frauds in the trillions now marked to anything as per misguided
legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke …The
government’s total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ]
.This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with
other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal
drug trade. In fact, many researchers reveal that the war on drugs is
only utilized to control and monopolize the illicit drug trade. The
US government has been caught multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out that in 2001,
“according to UN figures, opium production had fallen to 185 tons. Immediately
following the October 2001 US led invasion, production increased dramatically,
regaining its historical levels.” This month, the U.N. announced that
Afghanistan now provides 93% of the world’s opium
production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF
Louis | The hypocrisy of the war on drugs is centers on the
amount of drug trafficking that benefits the CIA and international banking
system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
http://albertpeia.com/merkelholdsspainfolds.htm
8-01-12 POLL: Romney jumps to 20-point
advantage among white voters...
WAIT FOR FALL: Fed Sees Economy Slowing But Holds Off on New Steps...
Gigantic NYC Sinkhole Swallows
Cars Whole...
OBAMA AUTHORIZES SECRET SUPPORT FOR SYRIAN
'REBELS'...
Obama speaks with world leader while holding baseball
bat?
Union leader strives to ease president's 'white guy
problem'(insanely seeks a place in the blackpeoples’ pot-they ‘love’ that white
meat)...
COPS: Teen Stabs Man 22 Times
After Online Xbox Chat Turns Sour...
REPORT: White House scrambles
to prevent defense cut pinkslips before election...
Chicago: 'The Deadliest Global
City'...
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Court Finds Obama Appointees Interfered with New
Black Panther Prosecution...
UPDATE: Jesse Jackson Jr. at Mayo Clinic for
depression...
REPORT: Obama's 'You didn't build that' gaffe won't
bring back teleprompter...
Gorilla in zoo hangs himself...
CAMPAIGN RATTLED...
Barack Obama Sr: 'Nothing Stopping Gov't From Taxing
100% Of Income'...
POLL: Less than half of voters think president is
Christian...
ROMNEY
MOVES INTO LEAD AT GALLUP, RASMUSSEN...
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
7-31-12 Dave’s Daily: http://www.etfdigest.com
INVESTORS WAIT ON CENTRAL
BANKS AND JOBS 7-31-12 ‘.. Bill Gross: WE’RE WITNESSING THE DEATH OF EQUITIES
7-31-12 By Steven Russolillo, WSJ Blogs MarketBeat WSJ.com's inside look at the
markets ‘The bond
king says stocks are dead. Bill Gross, Pimco’s co-founder and co-chief
investment officer, says stock investors should think again about the age-old
“buy-and-hold” investing mantra. He says consistent, annual returns are a thing
of the past. “The cult
of equity is dying,” Bill
Gross wrote in his August Investment Outlook. “Like a once
bright green aspen turning to subtle shades of yellow then red in the Colorado
fall, investors’ impressions of ‘stocks for the long run’ or any run have
mellowed as well.”… an
“historical freak” that isn’t likely to be duplicated anytime soon, due to
slowing economic growth around the globe…“The 6.6% real return belied a commonsensical
flaw much like that of a chain letter or yes — a Ponzi scheme… , THE REAL CRASH IS DEAD AHEAD AS 2008 IS FORGOTTEN Paul B. Farrell, MarketWatch http://albertpeia.com/realcrashdeadahead.htm , Just Open Up Your Eyes And
Look - 65 Signs That The Economic Collapse Is Already Happening http://albertpeia.com/65signseconomiccollapsehappening.htm
THE REAL CRASH IS DEAD AHEAD AS 2008 IS
FORGOTTEN Paul B. Farrell, MarketWatch http://albertpeia.com/realcrashdeadahead.htm , Just Open Up Your Eyes And
Look - 65 Signs That The Economic Collapse Is Already Happening http://albertpeia.com/65signseconomiccollapsehappening.htm
, Germany Now Has a REAL Debt to GDP of 300%…. Bye Bye
Eurozone http://albertpeia.com/germanydebttogdpnow300percent.htm , Historic Drought, Giant Dust
Storms And Massive Power Grid Failures - A Glimpse Into Our Future http://albertpeia.com/droughtdustpowergridfailuresfuture.htm
, China PMI Misses And Prints
Lowest In 8 Months With 10 Of 11 Sub-Indices Contracting ZeroHedge.com Tyler Durden , Jeremy Grantham: "I, For
One, Wish That The World Would Get On With Whatever Is Coming Next" "The economic environment seems to be stuck in a rather unpleasant
perpetual loop. Greece is always about to default; the latest bailout is always
about to save the day and yet never seems to; China is always about to collapse
but instead teases us by inching down; and I swear the Financial Times is
beginning to recycle its reports! In the U.S., the fiscal cliff looms along
with debt limits and the usual election uncertainties. The dysfunctional U.S.
Congress continues for the time being in its intractable ways. The stock market
rises and falls and rises and falls again. It is getting difficult to find anything
new to say at client meetings. I, for one, wish that the world
would get on with whatever is coming next." ‘…With
margins weakening, one of the twin pillars is looking shaky and price declines
look more likely than before…’ , Guest Post: The European
Tinder Box ‘…Europe is on the verge of being raped
and our own politicians don’t know where to look, still less what to do.
Kurt Nimmo
Infowars.com
July 31, 2012
{ I’m really
constrained to interject my own direct experience with the FBI here; and, I
must say I do so lamentably. If you want no real results vis-à-vis organized
crime which now extends to the upper reaches, highest levels of the corrupt
u.s. government, go to the FBI. I discounted the new jersey FBI as just typical
corrupt, mob infested jersey which thinks in terms of discos/casinos. But,
truth be told, they never ask the ‘tough’ questions of the biggest criminals;
ie., the biggest wall street frauds, cia connected illegal ‘drug ops’
(ops…riiiiight), federal judges ie., trump barry, shiff, alito, etc.; but, they
did go after Martha Stewart in a very big way over a $45,000 transaction. Wow!
You can’t make this stuff up. I also don’t believe their (understated) crime
stats for even a second. I’m beginning to feel foolish for having even put my
full faith and trust in them, much less the ‘federal (judicial) system’ who
share the ‘same employer’; and, despite my antipathy for the mob, probably
would have fared ‘more fairly’ with the mobsters directly who seem to have at
least some sense of the magnitude of the fraud involved and the pervasive
corruption of the system and government and maybe a semblance of honor in this
nation of protracted decline. It never would have occurred to me back when for
me, such a choice/decision was clear-cut and simple. Such a course as mine I no
longer could recommend inasmuch as there is little difference between
state/government sponsored crime/corruption and that perpetrated by other
criminal elements, from my direct experience with both, infra:
Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless. Jersey ‘italian’
snooki? In mob infested new jersey, who knows (one of the properties in my
proceedings for which surplus funds are unaccounted for was a 2 bedroom 1 and
1/2 bath condominium in seaside heights, n.j.). But debauchery an american
specialty? Another rare instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply
unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s. government
before embarking upon this costly quest for justice and simple fairness
consistent with clear law (infra, regarding the u.s. government’s direct
involvement in the illegal drug trade). In this civil RICO matter, there are no
innocent bystanders; but rather, perpetrators, accomplices, and
co-conspirators. When the fbi agent initially assigned to this matter
(Connecticut) abruptly resigned/retired shortly after a conversation, though
not central to my case, wherein I had said that rudy giuliani’s father had been
an (convicted) enforcer for the mob (served 12 years? in prison, aggravated
assault/manslaughter?) and then sent him documentation owing to his disbelief.
Though ultimately ineffectual vis-à-vis my case, he was a likeable guy for whom
I had and still have regard. I then spoke with FBI Agent Jeff Rasey upon the
aforesaid agent’s departure who somewhat plaintively (‘my call being a burden’)
told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to the disco that night’ (the documents including sworn statements
delivered to then u.s. attorney sam alito’s office in the same building
disappeared twice along with the initial assistant u.s. attorney Jonathan Lacey
with whom I had reviewed the documentary evidence, documents and their
probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s
reward / quid pro quo for his cover-up by his current position on the u.s.
supreme court. There was never a question as to maryanne trump
barry’s interest in corrupting the judicial process as related to her brother’s
(trump) casinos. Jersey city boy louis freeh, labeled by former Prosecutor
Larry Klaiman as the most corrupt FBI director ever (see infra, mueller seems
no different, and certainly holder’s impeachable actions and corrupt
behavior/cover-ups fit the mold, ie., fast and furious, race bias favoring
blacks, etc.) apparently covered up the RICO violations as sent to him, and,
with italian citizenship and lucrative insider deals fits the bill. The FBI
Agent Jeff Hayes of the Long Beach Office with whom I reviewed the RICO
documents and confirmed same as indicative of (drug) money laundering was
transferred shortly after meeting with him, as has been so of FBI Agent Bill
Lewis (promoted to Washington FBI headquarters) with whom I discussed the RICO
matter and case disks/dvd’s sent to the LA FBI office (they printed the
documents thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los
Angeles (see infra). So, as regards FBI flaws, coverup, etc., I have to believe
it based on my own experience and reasonable inference. I’m currently being
‘stonewalled’ by the LA FBI office since the departure of FBI Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a public-interest law firm
that fights corruption in government. To read Larry Klayman's
letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW Chairman Larry Klayman.
"His behavior stands in stark contrast to Louis Freeh, a man so corrupt
he destroyed the office he led, ...
www.freedomwriter.com/issue20/am15.htm
“Louis
Freeh will finally have to answer in court for what he did to our clients.
... answers,” stated Judicial Watch Chairman and General Counsel Larry Klayman.
...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial Watch ... My name is Larry
Klayman. ... interest group that investigates and prosecutes government corruption
and abuse. ...... They seized his computer – these are FBI agents at the
direction of Louis Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt behavior, Freeh
was placed on Judicial Watch's ... stated Judicial Watch Chairman and General
Counsel Larry Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry Klayman ... While Judicial
Watch has asked FBI Director Louis Freeh to .... lawsuits against a corrupt
and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH, in his personal capacity;
NEIL GALLAGHER, in his No. ... COUNSEL ARGUED: Larry E. Klayman,
JUDICIAL WATCH, INC., Washing- ton, D.C. ...
Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply
unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding ie., the u.s. government’s
direct involvement in the illegal drug trade, etc.). In this civil RICO matter,
there are no innocent bystanders; but rather, perpetrators, accomplices, and
co-conspirators. When the fbi agent initially assigned to this matter
(Connecticut) abruptly resigned/retired shortly after a conversation, though
not central to my case, wherein I had said that rudy giuliani’s father had been
an (convicted) enforcer for the mob (served 12 years? in prison, aggravated
assault/manslaughter?) and then sent him documentation owing to his disbelief.
Though ultimately ineffectual vis-à-vis my case, he was a likeable guy for whom
I had and still have regard. I then spoke with FBI Agent Jeff Rasey upon the
aforesaid agent’s departure who somewhat plaintively (‘my call being a burden’)
told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to the disco that night’ (the documents including sworn statements
delivered to then u.s. attorney sam alito’s office in the same building disappeared
twice along with the initial assistant u.s. attorney Jonathan Lacey with whom I
had reviewed the documentary evidence, documents and their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s
reward / quid pro quo for his cover-up by his current position on the u.s.
supreme court. There was never a question as to maryanne trump
barry’s interest in corrupting the judicial process as related to her brother’s
(trump) casinos. Jersey city by louis freeh, labeled by former Prosecutor Larry
Klaiman as the most corrupt FBI director ever (see infra, mueller seems no
different, and certainly holder’s impeachable actions and corrupt
behavior/cover-ups fit the mold, ie., fast and furious, race bias favoring
blacks, etc.) apparently covered up the RICO violations as sent to him, and,
with italian citizenship and lucrative insider deals fits the bill. The FBI
Agent Jeff Hayes of the Long Beach Office with whom I reviewed the RICO
documents and confirmed same as indicative of (drug) money laundering was
transferred shortly after meeting with him, as has been so of FBI Agent Bill
Lewis (promoted to Washington FBI headquarters) with whom I discussed the RICO
matter and case disks/dvd’s sent to the LA FBI office (they printed the
documents thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los
Angeles (see infra). So, as regards FBI flaws, coverup, etc., I have to believe
it based on my own experience and reasonable inference. I’m currently being
‘stonewalled’ by the LA FBI office since the departure of FBI Agent Bill Lewis.
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit cover-up /
fraud on the part of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez, Assistant Director In
Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within
DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s request as made this day (the disk and contents have been scanned by
Avast, McAfee, and Norton which I’ve installed on my computer to prevent viral
attacks / infection and are without threat). I also include 1 copy of the DVD
as filed with the subject court as referenced therein (which files are also
included on the aforesaid 3 disks in a separate folder named ‘112208opocoan’).
The (civil) RICO action (as you’re aware, the RICO Act is a criminal statute
which provides a civil remedy, including treble damages and attorney fees, as
an incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case RICO Summary to FBI Under
Penalty of Perjury at Their Request (5 pages)
[ ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the
Congresswoman by way of email attachment (apparent but typical problem with my
mail) along with my response thereto is included on the 3 disks
as fbicorrespondencereyes.htm
. With regard to the calls to the FBI’s LA and New Haven, CT
offices: There was one call to the LA office and I was referred to the Long
Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I
gave probative evidentiary documents of the money laundering which he confirmed
as indicative of same (he was transferred from said office within approximately
a month of said meeting and his location was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in touch
for in excess of a decade until he abruptly retired (our last conversation
prior to his retirement related to the case and parenthetically, Rudy Giuliani
whose father I stated had been an enforcer for the mob to which he registered
disbelief and requested I prove it, which I did – he served 12 years in prison,
aggravated assault/manslaughter? – and no, there is no Chinese wall of
separation – Andrew Maloney’s the one that prosecuted gotti).
In contradistinction to the statement in
said correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
· A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which could be used for payment to creditors, Los Angeles, etc..
· Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
· The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever by the court’s deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
·
Defendant Coan had filed an action against me to
prevent me from suing him which necessitated me to fly to Connecticut for a
hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District of
Connecticut, who denied Coan’s requested relief as to Coan but precluded my
action against Shiff (although there is no immunity, judicial or otherwise, for
criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) .
[ transcript in pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf
]
· Newly appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.
·
Probative and evidentiary documents, affidavits,
exhibits, including those turned over to FBI Agent Jeff Hayes in Long Beach,
CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met
personally at the U.S. Attorney’s Office in Newark, N.J., at which time Samuel
Alito was U.S. Attorney, and went over said documents and their probative value
with him. Within approximately a month thereafter upon inquiry I was told that
Jonathon Lacey was no longer with the office, that the file/documents could not
be located, and that there was no further information available concerning
contacting him or his location. I thereupon delivered by hand, copies of said
documents to the office of then U.S. Attorney Alito, addressed to him, with
assurance they would go directly to him. In addition to being inept [ I looked
in on the one mob case he had brought, bungled, lost (accidently on purpose?)
since I was suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt Alito brought in all
20 mob defendants (rather than prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom along with their moans during
testimony and had the jury in stitches. As much as I hate the mob, it truly was
funny, if not so tragic.], Alito is also corrupt (and maybe corrupt
because he is inept). After a reasonable (but still rather short) time I called
to determine the status and was told that Alito was no longer with the Office
of the U.S. Attorney, that he was (appointed) a federal judge, and that neither
the documents nor any file or record of same could be located. Alito did parley
the same / cover-up into quid pro quo direct lifetime appointment to the Court
of Appeals, 3rd circuit, despite the absence of judicial experience
or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is
the same Sam Alito that now sits on the purported highest court in the land.
The real application of the illegal rule ‘don’t ask, don’t tell’.
There is
applicable insurance / surety coverage and neither LA, nor creditors, nor I
should continue to have been damaged by this brazened corrupt and illegal
scenario, which should be resolved in accordance with the meaningful rules of
law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but
there are unresolved problems with the line, computer connection may be the
reason but I hesitate to chance greater non-performance / worsening by their
‘fix’ so cell phone best for contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr. Peia:
Thank you for being in touch. As we
continue the busy first session of the 112th Congress, I want you to
know that I am grateful for the various times you have shared your thoughts and
concerns with me on different issues. Please be assured that your voice
is being heard and that your perspective helps me to better represent you in
Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription
for ‘economic doldrums’, euphemistically speaking (there are
articles/studies/data that dispute the purported effectiveness of the widely
hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian
way’ is certainly no longer a prudent approach today in light of the
insurmountable debt levels of nations worldwide and in america particularly
along with the concomitant over-printed, debased ‘paper currencies’ to finance
same. Quite simply, there simply is not enough real value being created for
redistribution, a situation exacerbated by the parasitic lightening fast,
computerized churn and earn high frequency trading programs on fraudulent wall
street (they should be prosecuted, jailed, fined, and disgorgement imposed for
extant frauds in the trillions now marked to anything as per misguided
legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke …The
government’s total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ]
.This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with
other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal
drug trade. In fact, many researchers reveal that the war on drugs is
only utilized to control and monopolize the illicit drug trade. The
US government has been caught multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out that in 2001,
“according to UN figures, opium production had fallen to 185 tons. Immediately
following the October 2001 US led invasion, production increased dramatically,
regaining its historical levels.” This month, the U.N. announced that
Afghanistan now provides 93% of the world’s opium
production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF
Louis | The hypocrisy of the war on drugs is centers on the
amount of drug trafficking that benefits the CIA and international banking
system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
‘If the case
of white supremacist Hal Turner taught us anything, it is that the government
manufactures Nazis and racists from whole cloth and then uses them to push
hysterical domestic terrorist propaganda and self-aggrandizement.
It came out
during Turner’s trial that he was a “National Security Intelligence” asset working for the FBI’s Joint Terrorism Task Force.
His code name was “Valhalla” and “he received thousands of dollars from the FBI
to report on such groups as the Aryan Nations and the white supremacist
National Alliance, and even a member of the Blue Eyed Devils skinhead punk
band,” according to The Record.
The FBI has run
racist and white supremacist groups since the 1960s. Under COINTELPRO, the FBI
“subsidized, armed, directed and protected the Ku Klux Klan and other
right-wing groups,” Brian Glick writes. Racist groups were used to create a strategy
of tension by attacking groups on the so-called left, including anti-war,
Chicano and Puerto Rican activists and nationalists.
More recently,
in 2007, the FBI organized a neo-Nazi march in Orlando, Florida. The FBI’s
“informant” (agent provocateur) “was one of the most visible individuals in the
National Socialist Movement,” according to Andy
Rosenkranz, state
regional director for the Anti-Defamation League. “Generally, the FBI and the
JTTF (Joint Terrorism Task Force) in Florida does an excellent job.”
The FBI has
also infiltrated a number of supposed Muslim terrorists groups and has
wheedled, cajoled and otherwise manipulated patsies into agreeing to commit
terror attacks.
In October, Mother Jones revealed that the FBI is notorious for creating
supposed terrorist groups from scratch and then framing patsies in order to
claim the government is protecting the United States from terrorists. The
number of government informants and agents provocateurs has grown exponentially
since the 1970s when the FBI claimed it shut down COINTELPRO.
On Tuesday, the
New York Daily News reported the FBI’s latest terrorist creation – the 1st SS
Kavallerie Brigade Motorcycle Division, founded in 2007 to recruit neo-Nazi
bikers for the Aryan Nations, a white supremacist terrorist organization,
according to Anthony Bartkewicz.
“One member
offered a $1,000 reward for the shooting of a black man. Others stockpiled
explosives to be used in terror attacks on U.S. targets,” writes Bartkewicz.
“But the biker gang was founded by undercover law enforcement agents in
Florida, and eventually 20 people were arrested for a range of offenses, from
dealing drugs to possessing illegal weapons and plotting murders, the Orlando Sentinel reported.”
In May, the FBI
took down a group of mentally challenged white supremacists belonging to the
American Front, a group on the edge of extinction in the early 2000s but
resuscitated on the internet. The FBI claimed the group was “planning to kill
Jews and minorities in the ‘inevitable’ race war, according to an affidavit
obtained by the Orlando Sentinel. The Sentinel reports that the group also
looked to manufacture ricin, a ‘weapon of mass destruction,’” CBS Tampa reported.
Fear and loathing by liberals over FBI manufactured racist threat.
Considering the
FBI’s track record, however, it is likely the ricin plot was concocted by the
agency and then fed to the American Front patsies prior to the sensationalized
bust. Patsies rarely devise their own plots and are carefully managed by the
agency and its army of informants and agents provocateurs.
The Nazi biker
group created by the FBI after the Aryan Nations said it wanted to form a Nazi
motorcycle club to serve as the militant arm for white supremacists across the
country, according to records obtained by the Orlando Sentinel.
“Using a
false identity, the agent with the Orange County Sheriff’s Office became the
Aryan Nations’ top Florida administrator responsible for recruiting members for
what would become the 1st SS Kavallerie Brigade Motorcycle Division — operating
out of a clubhouse in St. Cloud,” Henry Pierson Curtis writes for the Sentinel.
“Early
members included at least two additional undercover FBI agents – who
infiltrated the club — and a biker accused of offering $1,000 to anyone willing
to shoot a black man riding an ATV in rural Osceola County, records show.”
In 2007, a FBI
informant, Rick Spring, admitted to running the Aryan Nations. “In a
confessional emailed out to white nationalist leaders, federal informant and
convicted bank robber Rick Spring admitted today that he operated the Aryan
Nations as a false flag front group for the FBI after the death of Richard
Butler,” wrote Bill
White, editor of the
Libertarian Socialist News.
Government
connections to terror groups are legion. In 2004, for instance, the FBI
revealed the Southern Poverty Law Center was involved with government
operative and
convicted Oklahoma City bomber Timothy McVeigh and the Aryan Republican Army at
Elohim City. McVeigh’s contact at Elohim City was Andreas Carl Strassmeir, a
former German intelligence officer. Peter Langan, the son of a retired U.S. Marine intelligence
officer and said to be the leader of the Aryan Republican Army, was a
government informant.
The SS
Kavallerie Brigade Motorcycle Division, responsible for setting up the American
Front, is yet another convoluted government fabrication designed to convince
ill-informed Americans that radical Muslims are not the only threat they face.
So are white guys with tattoos on their foreheads.
The absurdly
overblown threat of skinheads gunning for minorities plays right into the
Department of Homeland Security’s “rightwing extremist” narrative.
“Threats from
white supremacist and violent antigovernment groups during 2009 have been
largely rhetorical and have not indicated plans to carry out violent acts,” the
DHS wrote in a 2009 for eyes-only memo subsequently leaked to Infowars.com and
others, but “have capitalized on the election of the first African American
president, and are focusing their efforts to recruit new members, mobilize
existing supporters, and broaden their scope and appeal through propaganda, but
they have not yet turned to attack planning.”
The FBI’s contrived plots – including purported violence against police and officialdom by the Hutaree militia and now a supposed weapons of mass destruction attack by the American Front – are designed primarily for propaganda purposes. The Hutaree militia was vindicated in court and the accusations against the American Front will likely also eventually be reduced and revealed as government grandstanding, although this will not be reported on the front page in blazing headlines.’
http://albertpeia.com/65signseconomiccollapsehappening.htm
7-31-12
POLL: Romney jumps to 20-point
advantage among white voters...
Obama donates cash to his own
campaign...
THE GREATEST IN HISTORY! {
Congratulations to Michael Phelps! }
CLAIM: The Real Crash is dead
ahead as 2008 is forgotten...
FACEBOOK HIT WITH NEW
SELLOFF...
REPORT: White House scrambles
to prevent defense cut pinkslips before election...
Chicago: 'The Deadliest Global
City'...
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Court Finds Obama Appointees Interfered with New
Black Panther Prosecution...
UPDATE: Jesse Jackson Jr. at Mayo Clinic for depression...
REPORT: Obama's 'You didn't build that' gaffe won't
bring back teleprompter...
Gorilla in zoo hangs himself...
CAMPAIGN RATTLED...
Barack Obama Sr: 'Nothing Stopping Gov't From Taxing
100% Of Income'...
POLL: Less than half of voters think president is
Christian...
ROMNEY
MOVES INTO LEAD AT GALLUP, RASMUSSEN...
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN JUNE...
http://albertpeia.com/11signstimesrunoutforfinancialsystem.htm
July 30,
2012 By gpc1981 http://gainspainscapital.com http://albertpeia.com/spainfinishedandfinancialsystemcollapse.htm
http://albertpeia.com/civilunrestishereandworstening.htm
Drudgereport: 7-30-12 POLL: ROMNEY PULLS TO 5 POINT LEAD...
Court Finds Obama Appointees Interfered with New
Black Panther Prosecution...
UPDATE: Jesse Jackson Jr. at Mayo Clinic for
depression...
D.C. pays students $5.25 an hour -- to attend summer
school!
Corn prices hit record as crops shrivel...
UPDATE: SEATS STILL GO EMPTY IN LONDON...
PM Cameron: 'We can do better'...
Parents of athletes turned away in mixup...
Games turn London into 'ghost town'...
REPORT: Obama's 'You didn't build that' gaffe won't
bring back teleprompter...
Gorilla in zoo hangs himself...
CAMPAIGN RATTLED...
Barack Obama Sr: 'Nothing Stopping Gov't From Taxing
100% Of Income'...
POLL: Less than half of voters think president is
Christian...
ROMNEY
MOVES INTO LEAD AT GALLUP, RASMUSSEN...
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN JUNE...
Dave’s Daily: http://www.etfdigest.com BULLISH QE ALGOS 7-27-12 ‘It’s difficult to comprehend the tape
sometimes, especially when you try to square it with the overall news. The
bottom line is bulls have placed their bets that the eurozone will be fixed and
weaker U.S. GDP both will be met by a heavy dose of QE. Everything else doesn’t
matter. Bulls don’t believe the Germans, despite Bundesbank’s comments
to the contrary; will block bond buying by Draghi and the ECB. The key phrase
in the linked WSJ article was, “If there is no ECB bond buying next week stocks
will collapse”. { AP: What I really can’t fathom is how, why people are so
eager to support the churn-and-earn paper fraud on wall street (their computers
are literally selling to themselves along with the other programmed algo
insanity – helping/facilitating these costly wall street frauds which have not
helped but in many ways hurt the real economy – their gain is everyone else’s
pain as that money in their pockets must come from some real place; viz., your
pockets – there’s no free lunch). Their buying time with b***s*** also
facilitates the transfer of their ‘worthless paper hot potatoes’ to ie.,
taxpayers, governments, etc.. Totally pathetic! We’re way past the ‘fool me
twice, shame on me’ stage! They really
have to be prosecuted and put in jail where they belong. They’re just not that
important and they are a substantial detriment to the real economy and society
generally. They have no fear of prosecution and have continued their paper
frauds where they left off last crisis, and seek once again to cash out for
hard currency, metals with the greater fools holding their worthless paper bag.
I used to follow the markets when value/valuation meant something. Now I track
them only to discern the ever greater frauds and the ‘political connectivity’
to same. }
Dave Bohon |
Supporters of homosexual marriage, however, have been unable to leave the issue
and “agree to disagree.” { I believe the concerted wrongful conduct of
the respective cities et als vis-à-vis Chick-Fil-A may well be actionable as a
business tort and as well, a violation of constitutionally protected rights
of free speech, having a chilling
effect thereon, by way of incorporation thereof under the fourteenth amendment
of the u.s. constitution, as well as pursuant to the respective state
constitutions applicable to the offending cities. }
http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
http://albertpeia.com/17reasonsrecessionnow.htm
http://albertpeia.com/19wayscontrolfreakskillinguswithregs.htm
7-27-12
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Same 5-point lead that Obama had at this point in
'08...
SLUMDOG OLYMPICS...
Dancing nurses, bouncing sick children, huge hospital
beds...
Opening Ceremony reflects 'deeply left-leaning
sensibilities' of producer Boyle...
REPORT: Obama's 'You didn't build that' gaffe won't
bring back teleprompter...
Gorilla in zoo hangs himself...
CAMPAIGN RATTLED...
Barack Obama Sr: 'Nothing Stopping Gov't From Taxing
100% Of Income'...
POLL: Less than half of voters think president is
Christian...
ROMNEY
MOVES INTO LEAD AT GALLUP, RASMUSSEN...
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN JUNE...
Spent $2.6 million -- on polling?
Paid $93k for Half-Empty Stadium Kick-Off Event...
Dave’s Daily: http://www.etfdigest.com ‘DRAGHI JAWBONES SHORT SQUEEZE
7-26-12
“Words, words, words, I'm so sick of words
I get words all day through
First from him, now from you
Is that all you blighters can do
Sing me no song, read me no rhyme
Don't waste my time, show me
Don't talk of June, don't talk of fall
Don't talk at all, show me
Never do I ever want to hear another word
There isn't one I haven't heard”
- Alan Lerner: My Fair
Lady { Yes, indeed! Dave knows his
shows! This one’s all b***s***! }
, Facebook
revenue growth skids, shares plunge
, Draghi Just Pulled Out His
Bazooka… How Long Before the Crash?
http://albertpeia.com/draghinbsandcrash.htm , The Audit The Fed Bill Gets
Passed By The House But Obama And The Democrats Are Going To Kill It http://albertpeia.com/obamademskillauditfed.htm
Barofsky On Geithner: "We
Should See People In Handcuffs" There is no point in recapping the ongoing vendetta between
former SIGTARP Neil Barofsky and former head of the NY Fed, and current
Treasury secretary and resident TurboTax expert Tim Geithner. One need but
follow the former on Twitter for
a quick and concise sampling of the sentiments harbored vis-a-vis the
latter. However, in the following interview Barfosky does touch on some points
which in the context of the recent Liborgate, should be brought front and
center, especially since the increasingly apathetic US audience seems to not
care about one bit (as opposed to their distant cousins across the Atlantic for
whom Lieborgate has become a daily distraction). Namely, what Barofsky says is
that Geithner and other regulators who allowed Lieborgate to proceed should
not only lose their job but we should "see [Geithner] in
handcuffs." Sadly that will never happen as it would
actually be a deterrent to future crime among the highest echelons of
America: something which is just not allowed to happen in a system whose very survival
is increasingly reliant on rampant criminality. { Unfortunately, this is true
and documented early on from my direct experience: The
unfortunate reality is what I’ve alluded to in the context of my own direct
experience; viz., america’s ‘legal system’ is an illegal system used to
cover-up crimes, arbitrarily enforce laws to apply pressure, etc., and
essentially run by the inmates of this collective criminal entity called
america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
}
Biderman Batters 'Believe-Me'-Draghi ZeroHedge.com Tyler Durden Somewhat
stunned by the market's exuberant reaction to Mario Draghi's 'Believe Me'
speech this morning, Charles Biderman, CEO of TrimTabs, sees the slow-motion
train-wreck that is the European crisis speeding up and rapidly running out of
track. Charles sees the European crisis as "not a solvable problem the way the
world works today." Neither Draghi nor any of the bankers even bothers
to talk about the real problem of not enough regional income and too much government
spending. Draghi's only solution is some form of money
printing. "Printing money to pay bills maybe will work over the short
term. But long term, it cannot"; if money printing works in the real
world why not print and give every one a billion Dollars, Euros or Yen?
While governments will do anything to maintain the status quo (and avoid the
tough times ahead), Charles succinctly reminds that, "the road to hell is paved
with good intentions
http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
http://albertpeia.com/draghinbsandcrash.htm
http://endoftheamericandream.com
http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
{ My own feeling on the subject is
live and let live, but that the state has no place in getting ‘behind’ this
contraindicated behavior. Look at the subject cities rallying in the name of
‘cornholin’ (For the gay vote? How totally pathetic!). Without exception, they
are literally domestic war zones, in decay, decline, and heading as the nation
toward fiscal ruin, defacto/outright bankruptcy. They really should be
concentrating on things that really matter before foolishly attacking freedom
of speech. Previously: EVOLUTION: OBAMA NOW BACKS GAY
MARRIAGE… [ Well, with some frolicking documented cocaine/gay sex
romping in his past, he’d be hard pressed not to. Interestingly, Clit Eastwood
has come out in favor of gay marriage saying he doesn’t give a f**k… good for
you Clit; spoken like a true egalitarian. Truth be told, I always liked those
spagetti westerns that put him on the map; his own ‘Pale Rider’, particularly;
and of course, the ‘Dirty Harry’ series. Aside from that, I find him/his films
boring, shallow, and plebian beyond tears; hardly the philosopher king. Yet, I
also don’t give a f**k regarding gays living their lives as they wish, with
full constitutional protections consistent with their presumed law-abiding
lives, particularly in a world like this, such as it is. But, that doesn’t mean
the ‘state’ must get behind (no pun intended) same. There are few if any legal
statuses that can’t be achieved through legal document, ie., adoptions, trust
beneficiaries, etc.. Marriage, procreation, the province of a man/woman
relationship has always been a given. Also interesting was the take on same by
reknown Psychiatrist Maslow (his famed, laudable work regarding hierarchy of
needs, etc., needs no introduction) who wrote and posited that homosexuality
was physically, anatomically contraindicated. Again, let me reiterate a live,
let live position while cautioning against the state getting behind (again, no
pun) same and potentially giving young, pubescent, impressionable boys the idea
that penises were made for male a**holes and not female vaginas. ] ... OBAMA ADMITS FABRICATING
GIRLFRIEND IN MEMOIR { Latent gay man obama -
... Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming
to represent me called asking for $100,000, to keep me from coming forward
about our (Obama and I) November 1999 encounter of sex and cocaine use?), ...
Obama is just another Banksters' moll prostituting himself .., and that's why
he supported the grotesque bail-out of the banking system and why he will
always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }
http://albertpeia.com/newworldordervedgesmockus.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. }
http://albertpeia.com/planetalreadyruined.htm }
http://albertpeia.com/obamademskillauditfed.htm
7-26-12 REPORT: MF GLOBAL was client of AG Holder's law firm...
Justice Dept employees accused of nepotism, ethical lapses...
ZUCKED: FACEBOOK Ad Growth Slows; Shares Skid to Fresh
Low...
PLUNGE ANOTHER 11%
IN AFTER HOURS...
Barack Obama Sr: 'Nothing Stopping Gov't From Taxing 100%
Of Income'...
POLL: Less than half of voters think president is
Christian...
100 Million Poor People In
America And 39 Other Facts About Poverty That Will Blow Your Mind http://albertpeia.com/100millionpovertystrickenamericans.htm , Down Goes Britain: The UK
Economy Tumbles Deep Into Recession
http://albertpeia.com/downgoesbritain.htm , Europe Can and Will Cause a
Systemic Collapse… Are You Ready?
http://albertpeia.com/europecanandwillcausesystemiccollapse.htm , Dave’s Daily: http://www.etfdigest.com SANDY FALLS ON GOLD PLATED SWORD 7-25-12 { Sandy who? Aw geeh … I
thought Dave was talking about that other sandy (sandusky of jo pa’s p.s. fame, they worshipped together)
who cornholed quite a few himself! }
‘Now that the architect behind the repeal of Glass-Steagall has made off
with his hundreds of millions he comes clean and says the entire episode was a mistake
{ Riiiiight! In the immortal words of Maxwell Smart, ‘’missed it by that much’
}. The banks should be broken-up he states in his CNBC interview. http://albertpeia.com/ukrecessiondeepens.jpg { http://albertpeia.com/americasnumberonespook.htm }
Guest Post: You Didn’t Build
That { http://albertpeia.com/americasnumberonespook.htm }
Kyle Bass Vindication
Imminent? Largest Japanese Pension Fund Begins To Sell JGBs ‘…the Ponzi has reached it's Tipping Point.
Japan’s population is aging, and baby boomers born in the wake of World War II
are beginning to reach 65 and eligible for pensions. That’s putting GPIF under
pressure to sell JGBs so it can cover the increase in payouts. The fund
needs to raise about 8.87 trillion yen this fiscal year…’ , Guest Post: Major Sell Signal
Triggered ,
Anglo Irish Bank’s ex-CEO
arrested for fraud
ECONOMISTS: ‘Europe Is
Sleepwalking Toward A Disaster Of Incalculable Proportions’ Reuters
CBO to employers: Obamacare
has $4B more in taxes than expected Washington Examiner
Biderman: “The Most Damage Is
Caused By Those Who Are Not As Smart As They Think They Are” Zero Hedge
Fed “Independence” Is a Scam …
And No Reason to Prevent a Full Audit Washington’s Blog
http://albertpeia.com/europecanandwillcausesystemiccollapse.htm
http://albertpeia.com/100millionpovertystrickenamericans.htm
http://albertpeia.com/downgoesbritain.htm
Drudgereport:
7-25-12 ROMNEY MOVES INTO LEAD AT GALLUP, RASMUSSEN...
WARNS 'WE'RE GOING TO END UP LIKE EUROPE'...
Greece to run out of money by August 20...
Cash-Strapped
French Socialists Face Austerity...
UK in longest double-dip recession in 50 years...
Obama campaign stepping up damage-control over 'you didn't
build that' remark...
CITI Creator Says Banks Should Be Broken Up...
Feds: Drought to Drive Up Food Prices...
Up 3.7% last year...
DEMS REGISTER THE DEAD?
Drug money funds voter fraud in Kentucky...
REPORT: State systems for overseas voters vulnerable to
hacking...
Mayhem in Anaheim as protesters clash with police...
Mobs smash windows, set fires...
Escalation...
UPDATE: FBI moves in...
Angry crowd confronts police after shooting in Dallas...
Ron Paul bill to audit The Fed overwhelmingly approved by
House...
...seen dying in Senate
USATODAYGALLUP POLL: Romney preferred over Obama to handle
economy...
It's Official: 5 Straight Years of $1 Trillion Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN JUNE...
Spent $2.6 million -- on polling?
Paid $93k for Half-Empty Stadium Kick-Off Event...
US poverty on track to rise to highest since 1960s...
CHICAGOLAND COPS: Teens kill man in 'knock 'em down'
game...
Dave’s Daily: http://www.etfdigest.com ‘MARKETS REMAIN UNDER PRESSURE 7-24-12
Markets took a pounding again Tuesday and are probably getting oversold
{not if reality has anything to do with pricing-AP}. , What In The World Is Wrong
With American Kids? http://albertpeia.com/nothingthatsaneradultscantcure.htm ,
Biderman Goes All-In Bearish ZeroHedge.com Tyler Durden ‘…Shifting to 100% bearish … he sees at least a 20% drop
from April highs followed by potentially worse as the realization of the fiscal
cliff begins. The glass-half-full-of-truth Biderman notes four specific reasons
for his bearish call: from wage and salary growth slowing to barely positive
YoY, to the Fed's inability to create any multiplier effect to boost the
economy; and from the slowing global economy where "low tides will
uncover all the hidden garbage created by booms" to the basic
supply/demand of stock and money based on his 'Demand' index dropping to
six-month lows. His bearish view is not even predicated on Europe's
conflagration accelerating which would simply add more fuel to the growing
fire.’ , David Stockman: "The
Capital Markets Are Simply A Branch Casino Of The Central Bank" "This market isn't real. , The Li(e)bor Rigging Scandal
Infographic For Dummies http://albertpeia.com/libor.jpg
Tony Blair: Don’t Hang Bankers George Washington– { Oui; mais, au contraire … a la quillotine
avec ils! } Why Is Everyone Suddenly Talking
about Hanging Bankers?
Reinventing Crony Capitalism ilene - The three
"de's:" deregulation, desupervision, and de facto decriminalization.
The disaster of young people
in Spain thetrader - Lost generation of Spain.
Major
misses everywhere, and this for the second quarter in a row - from the Q3 earnings report:
Submitted by Tyler Durden on
07/24/2012 …Shifting to 100% bearish … he sees at least a 20%
drop from April highs followed by potentially worse as the realization of the
fiscal cliff begins. The glass-half-full-of-truth Biderman notes four specific
reasons for his bearish call: from wage and salary growth slowing to barely
positive YoY, to the Fed's inability to create any multiplier effect to boost
the economy; and from the slowing global economy where "low tides
will uncover all the hidden garbage created by booms" to the
basic supply/demand of stock and money based on his 'Demand' index dropping to
six-month lows. His bearish view is not even predicated on Europe's
conflagration accelerating which would simply add more fuel to the growing
fire.
Submitted by Tyler Durden on 07/24/2012
"This market isn't real. The
two percent on the ten-year, the ninety basis points on the five-year, thirty
basis points on a one-year – those are medicated, pegged rates created by the
Fed and which fast-money traders trade against as long as they are confident
the Fed can keep the whole market rigged. Nobody in their right mind wants to
own the ten-year bond at a two percent interest rate. But they're doing it
because they can borrow overnight money for free, ten basis points, put it on
repo, collect 190 basis points a spread, and laugh all the way to the bank. And
they will keep laughing all the way to the bank on Wall Street until they lose
confidence in the Fed's ability to keep the yield curve pegged where it is
today. If the bond ever starts falling in price, they unwind the carry trade. Then
you get a message, "Do not pass go." Sell your bonds, unwind
your overnight debt, your repo positions. And the system then begins to
contract... The Fed has destroyed the money market. It has destroyed
the capital markets. They have something that you can see on the
screen called an "interest rate." That isn't a market price of money
or a market price of five-year debt capital. That is an administered price that
the Fed has set and that every trader watches by the minute to make sure that
he's still in a positive spread. And you can't have capitalism if the
capital markets are dead, if the capital markets are simply a branch office –
branch casino – of the central bank. That's essentially what we have
today."
Submitted by Tyler Durden on 07/24/2012 http://albertpeia.com/libor.jpg
http://endoftheamericandream.com
http://albertpeia.com/nothingthatsaneradultscantcure.htm
{ Riiiiight! It’s them dern
kids who comb their hair in that funny way! Dem dern kids who’ve bankrupted the
nation and their generation particularly without even asking themselves! Dern
kids who’ve watched these ubiquitous wall street frauds churn and earn by way
of computerized algo frauds day in, day out among the largest frauds by the
largest institutions still unprosecuted but ‘donating’ heavily to the corrupt,
incompetent politicos which makes their nation-debilitating crimes seem
‘alright’! Dern kids who’ve kept those real wars rolling for the sake of the
military industrial complex as warned against by the great but underrated
President General Eisenhower. Dern kids who clamour to be abused by sick,
pedophilic adults. Well, one could at best for the sake of this article’s
strained credibility/premise say, ‘it’s all in their genes’; which of course
leads us ineluctably back to the quintessential question, ‘what’s wrong with
american kids?’ and the unequivocal answer, ‘look in the mirror politically
correct american adults’! The following article is included as a matter of
first amendment principle. As for me, it’s not the kids who are america’s/this
world’s problem! }
Drudgereport: 7-24-12 'JOKER' ON $26K FEDERAL GRANT
{ There you go…a future government slug cut down in his prime…probably would
have worked bio-chemical weapons… }
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
DICK MORRIS: 'NASTY' OBAMA IN FAVORABILITY DIVE...
Campaigns ease back into fighting mode...
Obama Reminds Supporters: 'I’m Term-Limited After
This'...
FOR SALE: Obama films campaign commercial inside West
Wing...
ABCNEWS taking steps to stop reporting
inaccuracies... { Sounds like a plan! }
PAIN IN SPAIN BRINGS MORE DRAIN...
MOODY'S Cuts Outlook on Germany, Two Others...
Cash-strapped Argentine town pays employees by
raffle...
10 Italian cities at risk of bankruptcy...
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN JUNE...
Spent $2.6 million -- on polling?
Paid $93k for Half-Empty Stadium Kick-Off Event...
US poverty on track to rise to highest since 1960s...
CHICAGOLAND COPS: Teens kill man in 'knock 'em down'
game...
David Rosenberg On A Modern
Day Depression Vs Dow…0 This
is looking more and more like a modern-day depression. After all, last month
alone, 85,000 Americans signed on for Social Security disability cheques, which
exceeded the 80,000 net new jobs that were created: and a record 46 million
Americans or 14.8% of the population (also a record) are in the Food Stamp
program (participation averaged 7.9% from 1970 to 2000, by way of contrast) —
enrollment has risen an average of over 400,000 per month over the past four
years. A record share of 41% pay zero national incomes tax as well (58
million), a share that has doubled over the past two decades. Increasingly, the
U.S. is following in the footsteps of Europe of becoming a nation of
dependants. Meanwhile, policy stimulus, whether traditional or non-conventional,
are still falling well short of generating self-sustaining economic
growth. , Dave’s
Daily: http://www.etfdigest.com http://albertpeia.com/stockmarketreplay.htm ‘2010-2011 STOCK MARKET REPLAY 7-23-12
, James Holmes Is Not Alone - 20
More Examples Of The Sickos That Are Overrunning America http://albertpeia.com/americansickos.htm , 12 Signs That Spain Is
Shifting Gears From Recession To Depression http://albertpeia.com/12signsspainrecessiontodepression.htm , The New York Times Admits That
Virtually Every Major News Organization Allows The News To Be Censored By
Government Officials http://albertpeia.com/nytimessaysallusnewscensoredbygovt.htm , 55 Percent Of Americans
Believe That The Government Will Take Care Of Them If Disaster Strikes http://albertpeia.com/55percentamericansbelievegovernmentwilltakecareofthemindisaster.htm { Of course, this is absolutely foolish
based upon reality and what we’ve actually witnessed. I’ve found through direct
experience you can’t even depend on the government to do what they’re legally
required to do as defined by law, so corrupt and incompetent the u.s.
government has become: see, http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
Lieborgate: Here Come The
Arrests
Zero Hedge | For over
four years, virtually everyone in the finance industry knew that Libor was
manipulated.
http://albertpeia.com/lieborgatearrests.htm
July 23, 2012 By gpc1981 http://albertpeia.com/europesystemiccollapse.htm
‘…We are Phoenix Capital
Research.With that in mind, it’s clear now that the world is entering a period
of wealth destruction. Europe is in the midst of a sovereign debt crisis.
History tells us that this will entail more than one sovereign nation going
belly-up. Indeed, I believe that we’ll see ALL of the PIIGS as well as France
stage sovereign defaults in the coming months.
After that will come Japan, then
finally the US. By the time the smoke clears, we will have seen systemic
collapse.
This will mean:
1) Many major banks
disappearing, as well as numerous potentially lengthy bank holidays (think
Argentina in 2001)
2) Multiple sovereign
defaults as well as broad economic contractions and their commensurate
unemployment/ civil unrest/ erasure of retirement accounts/ pensions (this
process has already begun in some US municipals, e.g. San Bernandino and
Stockton California as well as Harrisburg Pennsylvania).
3) Possibly new currencies
being introduced or new denominations of currencies (say one new unit being
worth 1,000 of the old one)
4) Massive wealth
destruction to the tune of tens of trillions of Dollars (think MF Global i.e.
the money is gone… only systemically… in fact we just
had another such instance with PF)
5) A global contraction
that will result in new political/ power structures being implemented as well
as the breakup of various countries/ unions.
6) Very serious trade wars
to begin (see Obama’s recent attack on China) and very possibly a real war.
If the above make you frightened,
you’re not alone. As I’ve dug deeper and deeper into the inner workings of the
global financial system over the past months, the information I’ve come across
has only gotten worse. I’ve been holding off writing all of this because up
until roughly April/May it seemed possible that the world might
veer towards another outcome.
I no longer view this to be the case. I
am almost certain that what I’ve written above will come to pass. I know that
much of what I’ve written to you in the past could be labeled as “gloom and
doom.” However, I want you to know that I do not use the words “systemic
collapse” lightly. Indeed, I wish I wasn’t mentioning
them now, but I’d be doing you a disservice not to bring them up because we’re
well on our way towards it…’
July 23,
2012 By gpc1981 http://albertpeia.com/europesystemiccollapse.htm
http://albertpeia.com/americansickos.htm
http://albertpeia.com/12signsspainrecessiontodepression.htm
http://albertpeia.com/nytimessaysallusnewscensoredbygovt.htm
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN JUNE...
Spent $2.6 million -- on polling?
Paid $93k for Half-Empty Stadium Kick-Off Event...
US poverty on track to rise to highest since 1960s...
CHICAGOLAND COPS: Teens kill man in 'knock 'em down'
game...
Workers on Disability Set Another Record in July...
Greek PM: Country is in 'Great Depression'..
'Eyes rolling, head swaying'...
'Listless'…[ Zombie ]...
Mother disputes ABCNEWS report...
Network stands by it...
Largest mass shooting in U.S. history...
San Fran Considers Strict Outdoor Smoking Ban --
Except For Marijuana...
Spanish Stocks Plunge Most In
12 Months As Egan-Jones Cuts Spain To CCC+ , US Banks Battered On Spain's
Bailout Approval , EURUSD Free-Falling , Seven Sigma Rally In LQD: Be
Careful Where You Reach For Yield
7-20-12
'JOKER' KILLS 12
SMIRK OF THE BATMAN PSYCHO...
WHY DID HE DO IT?
Ph.D. student in neuroscience...
'Really smart'...
Struggled to find work...
Collecting unemployment...
'No one knew him; No one'...
Left loud music playing in his apartment...
Had 'swagger'...
TMZ: Cops Investigating Sex Site Profile...
Told Cops He 'Was the Joker'...
Photos: Gas mask and assault rifle left at cinema...
LIVE UPDATES...
Director Nolan condemns as 'savage' and 'appalling'...
Largest mass shooting in U.S. history...
San Fran Considers Strict Outdoor Smoking Ban -- Except
For Medical Marijuana...
Former SEAL Team Six Commander Launches Anti-Obama Offensive...
'IT'S A FAKE'...
Sheriff Joe's Obama probe finds 'national security
threat'...
Calls Congress to move on eligibility...
VIDEO: 'Every document surrounding Obama plagued with
problems'...
NEXT: Compton, CA, may declare bankruptcy...
3-Year-Old Mugged in NYC...
3-year-old boy mugged -- while sitting in
stroller!
Thieves Stripping Air Conditioning Units For Freon To Get
High...
HORROR: Naked, Blood-Soaked Man Breaks Into 2 Homes, Kills
Elderly Woman... { http://albertpeia.com/anothertypicalblack.htm Do americans feel they deserve such a fate
at the hands of the uncivilized wobama blacks
}
Dave’s Daily: http://www.etfdigest.com BAD DATA IGNORED IN FAVOR OF TECH 7-19-12
{ Tech? Palease, don’t make me laugh! This ‘bad news is good’ scenario
based upon hopes for contraindicated, egregiously failed QE for the benefit of
the frauds on wall street only to the detriment of everyone else with such
hopium rallying stocks has gone beyond the point of ridiculous. It’s really
rather pathetic, these so-called wall street mavens/titans of capitalism, the
largest of which remain unprosecuted for their huge, lucrative, debilitating
frauds wanting/expecting even more on the public dole. They’ve even gotten to
the point where their computers are selling to themselves for the ‘churn and
earn’ along with the algo-driven contraindicated moves up. The markets are
totally cooked! Dave as always is spot-on the case! }
http://albertpeia.com/12signsusrecessionhasbegun.htm
http://albertpeia.com/20signspointtoeconomiccrisiscollapse.htm
Drudgereport: 7-19-12 NYC jobless rate hits 10%...
Huge protests against austerity cuts erupt in
Spain...
...firemen strip naked
Rubio likens Obama to 'left-wing third-world leader'...
Former SEAL Team Six Commander
Launches Anti-Obama Offensive...
'IT'S A FAKE'...
Sheriff Joe's Obama probe finds 'national security
threat'...
Calls Congress to move on eligibility...
VIDEO: 'Every document surrounding Obama plagued with
problems'...
NEXT: Compton, CA, may declare bankruptcy...
3-year-old boy mugged -- while sitting in stroller!
Thieves Stripping Air Conditioning Units For Freon To
Get High...
HORROR: Naked, Blood-Soaked Man Breaks Into 2 Homes,
Kills Elderly Woman...
{ http://albertpeia.com/anothertypicalblack.htm Do americans feel they deserve such a fate
at the hands of the uncivilized wobama blacks
}
Germany Would Leave the Euro…
Well, Germans Are Already Using Deutschemarks Again! http://albertpeia.com/germanywillleaveeuro.htm ,
Why Are So Many Bad Things
Happening To America? http://albertpeia.com/americacursed.htm
11 International Agreements
That Are Nails In The Coffin Of The Petrodollar http://albertpeia.com/endofpetrodollar.htm
UBS Issues Hyperinflation
Warning For US And UK, Calls It Purely "A Fiscal Phenomenon" ZeroHedge.com Tyler Durden City Of Compton Next On The
Muni Bankruptcy Deck
Why Are So Many Bad Things
Happening To America? http://albertpeia.com/americacursed.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/endofpetrodollar.htm
http://albertpeia.com/americacursed.htm
Drudgereport: 7-18-12 CANADIANS NOW RICHER THAN AMERICANS (That’s
pretty poor!)
Dem Effort in Congress To Pressure Romney; Release More
Tax Returns...
Harry Reid: 'We Do What We Can to Protect the President of
the United States'...
REPORT: Most members of Congress keep their tax returns
secret...
Former SEAL Team Six Commander Launches Anti-Obama
Offensive...
'IT'S A FAKE'...
Sheriff Joe's Obama probe finds 'national security
threat'...
Calls Congress to move on eligibility...
VIDEO: 'Every document surrounding Obama plagued with
problems'...
NEXT: Compton, CA, may declare bankruptcy...
FOXNEWS HANNITY INTERVIEWS ZIMMERMAN... DEVELOPING...
Top Syrian defense officials killed in suicide blast...
Russia accuses West of inciting opposition...
STUDY: Girls As Young As 6 See Themselves As Sex
Objects... { Wow! This is really quite alarming and bespeaks
america’s new-found perverse, third-world uncivilized status, which is ‘picked
up’ by kids who in some ways are smarter than given credit for with a
vulnerable longing to please, be accepted in light of their powerless position
in our ever more deteriorating society. For the record, personally, I’ve never
had a virgin though I’ve been in a position to; that’s something I just don’t
do. Never have, never wanted to, never would, never will! Moreover, with the
prevalence of sick pedophiles and kiddie-porn, it’s not so surprising that kids
might pick up on such abominable vibes. It is difficult to imagine that little
girls could be the objects of such horror as, ie., Samantha Runnion ( who was
kidnapped, sexually abused and strangled by a man who lured her from her
front yard by telling her he had lost his dog. Her naked body was found the
next day by a hiker in Cleveland National Forest, 50 miles southeast of Stanton.[1] The autopsy revealed
that she died from compression. A sample of the kidnapper's DNA was found under her fingernail. The
suspect, a Lake Elsinore, California, man named Alejandro Avila, was
convicted of first degree murder with special circumstances in May 2005. His
DNA was found on Samantha's body, and her DNA was found in his car. He was
arrested three days after the abduction. Avila had previously been to the
condominium complex where Samantha lived, because his ex-girlfriend resided
there and he had been previously acquitted of molesting her daughter and niece.
On May 16, 2005, the jury recommended he receive the death penalty. On July 22,
2005, Avila was formally sentenced to death. He is incarcerated at San Quentin State Prison on death row ). As an
aside, I’ve included the following for the record as well: Though I’ve had many
consensual sexual liasons with many different female sexual partners all of
whom I liked, I’ve never, ever resorted to prostitutes. The accidental
exceptions included two ‘call girls’; one having met at summer beach town bar
matinee and who was ‘not working’ (as it turned out the reason being she was at
the end of her menstrual cycle). The other at a grocery store with her daughter
which made such in my mind, unlikely. As it turned out, both were
‘nymphomaniacs’ (which, truth be told, made for quite an exceptional sexual
romp) and I simplistically inferred/surmised without dwelling on the subject
that they probably expected they’d have inordinate amounts of sex anyway and
might as well get paid for it – of course I didn’t nor was I asked to. The
other incident I’m including here for the record concerned an absolutely
beautiful (blonde hair, blue eyes, pretty, cute, perfectly built/proportioned –
make no mistake, however, I like brunettes also) girl I met at a bar called
‘the Red Ranch’, later changed to ‘Harpoon Willy’s’. At closing, we immediately
became amorous, near intimate to a point in my car with abrupt ‘resistance’ at
the ‘crucial moments’. When I finally, ‘exasperated’, asked ‘what’s up’, she
stated she had recently broken up with her boyfriend who had gone too far in
the ‘sado-masochistic’ ritual behavior they were, and she still was into. I
told her I wasn’t into it (I don’t
connect sex with sado-masochism); never would, never did, never will. We talked
for quite some time and she explained her ‘predisposition’ the (her perceived)
consequence of her strict, puritanical upbringing and feelings of guilt
concomitant with sexual activity requiring coincident punishment/pain when so
engaged. I was busy with law school evenings, work, and teaching at a local
college part-time and parted ways without taking her number and never did see
her again. } { Previously, for the
record: Yes...it's absolutely, unequivocally true that blacks
are inherently uncivilized and in evolutionary terms, only evolved to a point (
http://albertpeia.com/anthroindex1.htm
). They are themselves racist, intolerant, hypocritical [ UPDATE:
MORE CLAIMS OF RACE BIAS AT HOLDER JUSTICE DEPARTMENT... (WP) ‘ignore cases that involve black defendants
and white victims ' ],
and prone to violence as with any feral animal. Moreover, I must admit that I
find their simian look repulsive; and, even before totally realizing the
foregoing reality owing to self-destructive egalitarian propaganda, never did
and never would know a black female in the biblical sense (despite their
‘intrusively easy availability’, in my view a form of bestiality - not a matter
of skin color inasmuch as I have ‘known biblically’ red-Indian, brown-Hispanic,
yellow-Oriental women). Wobama the b for b***s*** is a typical, jive-talking
'n-word' and consequently as well, an abject failure as president. I was
fortunate to have no blacks whatsoever in my schools (schooling) through high
school. }
7-17-12 The Federal Reserve Is Not Going
To Save Us From The Great Depression That Is Coming http://albertpeia.com/fedcantwontsaveusfromgreatdepression.htm , The New Depression: The
Breakdown of the Paper Money Economy, The End of the Bernanke Put is Here http://albertpeia.com/endofbernankeput.htm For well over a year, even after Ben
Bernanke admitted that the consequences of QE outweighed the benefits , Dave’s Daily: http://www.etfdigest.com BULLS ASSUME QE3 WILL HAPPEN 7-17-12
“We have
reached a profound point in economic history where the truth is unpalatable to
the political class – and that truth is that the scale and magnitude of the
problem is larger than their ability to respond – and it terrifies them.” Hugh
Hendry
“Given the
political realities, the Fed is the only game in town that can do anything to bolster
the economy.” Senator Schumer
http://albertpeia.com/fedcantwontsaveusfromgreatdepression.htm
http://albertpeia.com/endofbernankeput.htm
7-17-12
VIVA: OBAMA DECLARES TEXAS 'BATTLEGROUND STATE' --
SOON...
Star of Pro-Obama Super PAC Ad Unloads: 'Obama Is a
Jerk, a Pantywaist, a Lightweight, a Blowhard'... The star of
a pro-Obama super PAC ad is speaking out against ... President Barack
Obama."I could really care less about Obama," Donnie Box says of
President Obama, according
to In These Times. "I think Obama is a jerk, a
pantywaist, a lightweight, a blowhard. He hasn't done a goddamn thing that he
said he would do. When he had a Democratic Senate and Democratic Congress, he
didn't do a damn thing. He doesn't have the guts to say what’s on his
mind."Box, In These Times reports, won't be voting for Obama.
Here's the pro-Obama, anti-Bain Capital ad Box appeared in: …’
Obamas have up to $450K in companies that ship jobs
overseas...
UPDATE: Chevy Volt Makes NO Money, Costs Taxpayers
Hundreds of Thousands of Dollars Per Car...
CA cities eye plan to seize mortgages...
Broke San Bernardino can't pick up garbage anymore...
Chicago suburb's water contaminated with vinyl
chloride...
Slow progress predicted for unemployment...
Dems beg Bernanke for more easing before election...
DR. GLOOM
CNBC: How Close Are We to New Great Depression?
{ Already there! }
CREDIT RATING AGENCIES TO FALL UNDER GOV'T OVERSIGHT
{ Fake your ratings or else says extortionist, pervasively corrupt, defacto
bankrupt america! } ...
3-Year-Old Mugged in NYC...
3-year-old boy mugged -- while sitting in stroller!
Thieves Stripping Air Conditioning Units For Freon To
Get High...
HORROR: Naked, Blood-Soaked Man Breaks Into 2 Homes,
Kills Elderly Woman...
{ http://albertpeia.com/anothertypicalblack.htm Do americans feel they deserve such a fate
at the hands of the uncivilized wobama blacks
}
COPS: Woman Kept Friend's Corpse In Armchair For 18
Months, Watched NASCAR With It...
'He Was Only Guy Who Was Ever Nice To
Me'...
These 12 Hellholes Are
Examples Of What The Rest Of America Will Look Like Soon http://albertpeia.com/12hellholesvisionofamericasfuture.htm , Criminal Inquiry Shifts To
JPMorgan's Mispricing Of Hundreds Of Billions In CDS: Is Dimon The Next
Diamond? ZeroHedge.com Tyler
Durden 7-16-12 , It's Different This Time: The
Scariest Equity Market Chart Around
, Senate Throws The Book At HSBC
Accusing It Of Massive "Money Laundering And Terrorist Financing", No
Comment On NAR Money Laundering Yet
Just because there is already an overflow of confidence in the financial
system, here comes the Senate's Permanent Subcommittee On Investigations with a
340 page report detailing how HSBC "exposed the U.S. financial system to a
wide array of money laundering, drug trafficking, and terrorist financing risks
due to poor anti-money laundering (AML) controls." Of course, since HSBC
is one of the world's largest banks, what it did was not in any way unique, and
it is quite fair to say that every other bank has the same loose anti-money
"laundering" provisions. What HSBC was likely most at fault for was
not providing sufficient hush money to the appropriate powers in the highest US
legislative administration. But at least tomorrow we will have yet another dog
and pony show, accusing that HSBC did what the NAR does every single day. Because
let's not forget that the National Association of Realtors lobbied for and
received a waiver for anti-money laundering provision regulations:
after all how else will US real estate remain at its current elevated levels if
not for the drug, blood, and fraud money from various Russian, Chinese, and
petrodollar kingpins, mafia bosses and otherwise rich people who need to
launder their money in the US, in the process keeping Manhattan real estate in
the stratosphere? But one can't possibly pursue the real truth if it just may
impair the fair value of that backbone of honest, hard-working US society:
still massively overpriced housing in a world in which those who need mortgages
will never get them.
[Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is centers on
the amount of drug trafficking that benefits the CIA and international banking
system. Natural News
February 1, 2012 [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”Today in Afghanistan, American
troops have been seen guarding poppy fields used to make heroin. Those fields
were all but wiped out by 2001 when the Taliban destroyed them and forbade that
agricultural pursuit. Now they’re flourishing again after the American
occupation. This doesn’t make sense despite all the mainstream reports that
American troops are protecting the poppy farmers from the bad guys. Internet
sites such as Prison Planet, Info Wars, The Political Coffeehouse and others
report otherwise. They connect the CIA and US military to restarting the poppy
fields in Afghanistan in 2002, increasing poppy growth by over 650 percent. Who’s
telling it like it is? One way the CIA keeps their drug trafficking hidden
from public view …’.
SHOCK: Justice Dept. will not prosecute Holder for
contempt of Congress... [ Justice
Department shields Holder from prosecution after contempt vote FoxNews.com | The
Justice Department moved Friday to shield Attorney General Eric Holder from
prosecution after the House voted to hold him in contempt of Congress. DOJ Says It Won't Prosecute
DOJ Head Holder How should
we say this: we are shocked, shocked, that the
DOJ won't prosecute itself. BREAKING: DOJ says it won't prosecute Attorney General Holder after
the GOP-led House voted to hold him in criminal contempt of Congress – Fox see also, http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm House could
arrest Holder with inherent contempt power The Washington
Times | The thought is shocking, and conjures up a
Hollywood-ready standoff scene between House police and the FBI agents. { Eh, what the heck…you can let that
go…they’re hoodied blacks, not white like Nixon, etc…; and, be sure to hold on
to your wallets, purses everyone ‘cause there’s black folk in the capital! }
FLASHBACK NYT: Roberts drugs 'can have troubling side
effects, mental slowing and forgetfulness'... { Wow! Who woulda
thunk it, known it! I certainly didn’t know of roberts’ condition. And, yes,
the effects of said drugs are significant, serious as set forth above and over
time particularly, debilitating. Roberts should step down, not that the u.s.
supreme court is some font of reason, sound judgment, and wisdom, even
lawfulness. Indeed, quite the contrary is true: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
Sorry Bulls, The Fed Will Not
Engage in More QE. Http://albertpeia.com/nomoreqe.htm
The Largest Natural Disaster
In U.S. History: The Endless Drought Of 2012 Will Bake America Well Into August http://albertpeia.com/bakedamerica.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
Durden , The Mother Of All
Infographics: Visualizing America's Derivatives Universe http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm
, , What Do California And Detroit
Have In Common? http://albertpeia.com/californiadetroitdeclineincommon.htm
http://albertpeia.com/12hellholesvisionofamericasfuture.htm
Submitted by Tyler Durden on 07/16/2012
Just because there is already an overflow of
confidence in the financial system, here comes the Senate's Permanent
Subcommittee On Investigations with a 340 page report detailing how HSBC
"exposed the U.S. financial system to a wide array of money laundering,
drug trafficking, and terrorist financing risks due to poor anti-money
laundering (AML) controls." Of course, since HSBC is one of the world's
largest banks, what it did was not in any way unique, and it is quite fair to
say that every other bank has the same loose anti-money "laundering"
provisions. What HSBC was likely most at fault for was not providing sufficient
hush money to the appropriate powers in the highest US legislative
administration. But at least tomorrow we will have yet another dog and pony
show, accusing that HSBC did what the NAR does every single day. Because
let's not forget that the National Association of Realtors lobbied for and
received a waiver for anti-money laundering provision regulations:
after all how else will US real estate remain at its current elevated levels if
not for the drug, blood, and fraud money from various Russian, Chinese, and
petrodollar kingpins, mafia bosses and otherwise rich people who need to
launder their money in the US, in the process keeping Manhattan real estate in
the stratosphere? But one can't possibly pursue the real truth if it just may
impair the fair value of that backbone of honest, hard-working US society:
still massively overpriced housing in a world in which those who need mortgages
will never get them.
[Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is centers on
the amount of drug trafficking that benefits the CIA and international banking
system. Natural News
February 1, 2012 [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
]
7-16-12
Obama Goes Wild: 'If you've got a business, you
didn't build that. Somebody else made that happen'... {
Riiiiight! That ‘minority owned business’ incentive for government contracts,
bloated/padded for non-performance and electoral considerations…’the minority
view’ on the ebt, strike that, the bet network. Say anything, wobama the b for
b***s*** who suffers at the least from the psychological disorder of
psychogenic/dissociative amnesia. How totally preposterous and pathetic at
once! Wow! That ‘choom’ did wonders for wobama’s understanding of business!
Riiiiight ….they’ll beat a path to your door…to make that business happen! This
guy’s a totally dysfunctional joker who’s failed by every measurable standard
except increased deficits to obfuscate his unequivocal failure! Other than the
‘choom/drug’ business, what business does wobama really know? }
Campaign Holding Fundraisers in Switzerland, Sweden,
France -- China?
Egyptians pelt ‘Hearts and Minds Victor’ Hillary
Clinton motorcade with tomatoes...
'Monica, Monica' chants taunt...
They throw shoes...
CNBC: How Close Are We to New Great Depression?
{ Already there! }
CREDIT RATING AGENCIES TO FALL UNDER GOV'T OVERSIGHT
{ Fake your ratings or else says extortionist, pervasively corrupt, defacto
bankrupt america! } ...
3-Year-Old Mugged in NYC...
3-year-old boy mugged -- while sitting in stroller!
Thieves Stripping Air Conditioning Units For Freon To
Get High...
HORROR: Naked, Blood-Soaked Man Breaks Into 2 Homes,
Kills Elderly Woman...
{ http://albertpeia.com/anothertypicalblack.htm Do americans feel they deserve such a fate
at the hands of the uncivilized wobama blacks
}
COPS: Woman Kept Friend's Corpse In Armchair For 18
Months, Watched NASCAR With It...
'He Was Only Guy Who Was Ever Nice To
Me'...
27 Things That Every American
Should Know About The National Debt
http://albertpeia.com/27thingsamericansshouldknowaboutnationaldebt.htm
Submitted
by Tyler Durden on 07/13/2012
"I
have committed fraud. For this I feel constant and intense
guilt...
The forgeries
started nearly twenty years ago...
Should
I go out of business or cheat...
I
guess my ego was too big to admit failure..."
Submitted
by Tyler Durden on 07/13/2012
UPDATE: Suicide
note details added:
While
unable to successfully kill himself, it appears the CEO of PFGBest is even less
successful at evading the police. As just reported,
What
is probably more concerning to him now is the fact that he was not a Presidential
bundler - as the Big House is definitely calling...
Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White House on weak jobs
report: Don’t ‘read too much’ into it Olivier
Knox, Yahoo! News {
Riiiiight! Sounds like a plan! After all, wobama’s gotten’ by on b***s*** and
‘special consideration’ alone, never having done anything of substance in his
entire life. Indeed, even his so-called ‘auto-biographies’ are works of what
appear to be ‘choom-gang’ induced fantasies which reveal a
psychogenic/dissociative amnesia that works well in the continuing ‘narrative’
devoid of fact on his ‘more b*** s*** campaign trail’ littered with the cowpies
of stark reality. People owe themselves and their children more than this
grifter’s con which in numbers measures more than the increased deficits of all
the presidents since President General Eisenhower combined to obfuscate his
unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... [ Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue
livin’ large on the taxpayer dime while accomplishing nothing except greater
public debt to hide his failure. This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. It’s laughable to hear him blame
congress for his lack of accomplishments when the reality is that he ‘really
wasn’t there’ for any of it. For wobama the presidency is just endless debate,
rhetoric, campaigning, vacationing, soundbites from the teleprompted speeches,
jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud and failure and
anyone who buys into election-year desperation / promises, etc., is just a fool
of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who
warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices
which as per his legal duty were optimal for those who put their trust in him.
For those who put their trust in proven failure wobama, all they have to show
for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts, too...
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://albertpeia.com/12factorsamericancitieshellholes.htm
Obama: 'We get Virginia, we win' { Well there you go….it’s now a one state
Presidential race, winner take all…Wow!...The scary thing is that wobama seems
to believe his own b***s***, even when he knows same to be false; as, ie.,
Dreams, etc.. Another choom gang fantasy? He really insults people’s
intelligence. I personally believe, and strong case can be made, that wobama,
like fellow chitown pol jackson, jr., suffers from psychological disorder(s).
Indeed, at the least, from psychogenic/dissociative amnesia that makes the aforementioned
facts beyond the grasp of his ‘current unreality’. I also believe that his
heavy near everyday powerful pot (choom) use took its toll on his cognitive
functions that have facilitated his outlandish claims and outright
fabrications; exactly what the nation cannot afford in these critical/perilous
times! }
http://albertpeia.com/27thingsamericansshouldknowaboutnationaldebt.htm
Drudgereport:
7-13-12 Romney Demands Obama Apology...
Says president 'reckless and absurd'...
'Beneath Dignity Of His Office'...
'It's disgusting. It's demeaning'... { And, let me add, it’s indicative of total
desperation on the part of wobama who has but a record of failure to run on;
hence, the diversionary, disingenuous tactics to obfuscate his failure by
diverting attention therefrom. People will see through the wobama subterfuge. }
GALLUP: OBAMA VS ROMNEY DEAD HEAT...
http://albertpeia.com/twobullmythsnowmoot.htm
http://albertpeia.com/obamacareandsterilizingamericanwomen.htm
7-12-12 SHOCK: STOCKS '50%
LOWER' WITHOUT FED PUMPING...
POLL: Supreme Court Approval Lowest on Record...
Oscar-winning producer to take on Obama's 'imperial
presidency' in documentary...
Carney sneers at reporter asking about college records...
Americans Will Work Over 7 Months to Pay for Govt Spending
in '12...
Santa Monica extends smoking ban to apartments, condos...
Some California cities 'may cease to exist'...
San Bernardino -- Third
California City to Go Bankrupt..
FACEBOOK monitors chats for suspicious activity, reports
users to police...
MOODY'S downgrades Italy debt...
FLASH: Rep. Jesse Jackson Jr.
'in Rehab'...
'Persistent sleep disorder'...
Has Been Under investigation
by House Ethics Committee...
NYT: His Father's Son...
Chicago police sergeant:
'Tribal warfare' on streets...
Comparable to
Iraq, Afghanistan...
WAR DRUMS: USA moving dozens
of underwater craft to Persian Gulf...
TOURISM PLEA TO GODFATHER:
Violent crime wave must be defused...
Algorithms now 'writing'
articles for newspapers and websites...
SALES TAX IN SPAIN JUMPS TO
21% { That’ll work! }
Jon Voight defends Brad Pitt's
mom after death threats for anti-Obama letter...
UPDATE: Closure of Border
Patrol stations across 4 states triggers alarm...
REPORT: People losing homes
for as little as $400 in back taxes...
NAACP Requires Photo ID to See
Holder Speak in State Being Sued Over Voter ID (they’re such b***s***/hypocrites)?
GODFATHER UNDER FIRE AS MURDER
RATE SOARS...
Chicago Mayor Appeals to
Gangsters' 'Values'...
'Don't touch the
children'...
RADIO STATION REPORTS REP.
JESSE JACKSON, JR 'ATTEMPTED SUICIDE'...
Questions mount...
NAACP goes wild for Eric
Holder...
'O: This Will Be My Last
Political Campaign No Matter What'...
GALLUP: APPROVE SLIPS TO
44%...
POLL: US CHANGED FOR THE WORSE
UNDER OBAMA ...
Boehner: Voters Need Not
'Love' Romney...
Man Who Introduced Obama At
Rally Owes $500,000 To Former Employer...
'We sort of ran out of
money'...
Obama campaign threatens
donors: 'We could lose if this continues'...
Obama uses 'I' and 'me' 117
times in speech...
'Delirious' Blood-Covered
Naked Man Selling Candy Kills Motel Worker In Violent Rampage...
Man holds knife to
3-year-old's face, threatened to cut out tongue...
Kudlow: Obama’s Goose Is
Cooked...
Obama's Social Security Number
challenged...
'American story' faces fresh
scrutiny... { ‘By some counts, The Story presents more
than three-dozen instances of material discrepancy where Dreams fails to
align with the facts as Maraniss reports them. Case in point: Maraniss
confirmed that Mr. Obama's mother, Ann Dunham, left his father, Barack Obama,
Sr., a volatile bigamist, and not the other way around, as related in Dreams.
Dreams also related the tale of Obama's paternal grandfather, Hussein
Onyango, who was said to have been detained and tortured in a prison outside
Nairobi for six months because of his brave defiance of British colonialists.
But after a half-dozen interviews and other research, Maraniss deemed the tale
"unlikely." }
19 Warnings About A Coming
Global Financial Catastrophe
http://albertpeia.com/19warningsofglobalcatastrophe.htm , Dave’s Daily: http://www.etfdigest.com TWO-WAY ACTION AS FED MINUTES RELEASED 7-11- 12
http://albertpeia.com/19warningsofglobalcatastrophe.htm
http://albertpeia.com/4reasonsforlessoptimism.htm
7-11-12 Some California cities 'may
cease to exist'...
San Bernardino -- Third
California City to Go Bankrupt..
POLL: President Sinks to Historic Lows Among Blue-Collar MEN....
REPORT: Pelosi made up to $5
million on Asian investments in 2011 (and don’t forget feinstein’s blum who did
even better)...
Investors get lowest-ever
Treasury yields...
Fed Officials Weigh More
'Stimulus'...
Warn of looming crisis...
FLASH: Rep. Jesse Jackson Jr.
'in Rehab'...
'Persistent sleep disorder'...
Has Been Under investigation
by House Ethics Committee...
NYT: His Father's Son...
Chicago police sergeant:
'Tribal warfare' on streets...
Comparable to
Iraq, Afghanistan...
WAR DRUMS: USA moving dozens
of underwater craft to Persian Gulf...
TOURISM PLEA TO GODFATHER:
Violent crime wave must be defused...
Algorithms now 'writing'
articles for newspapers and websites...
SALES TAX IN SPAIN JUMPS TO
21% { That’ll work! }
Jon Voight defends Brad Pitt's
mom after death threats for anti-Obama letter...
UPDATE: Closure of Border
Patrol stations across 4 states triggers alarm...
REPORT: People losing homes
for as little as $400 in back taxes...
NAACP Requires Photo ID to See
Holder Speak in State Being Sued Over Voter ID (they’re such
b***s***/hypocrites)?
GODFATHER UNDER FIRE AS MURDER
RATE SOARS...
Chicago Mayor Appeals to
Gangsters' 'Values'...
'Don't touch the
children'...
RADIO STATION REPORTS REP.
JESSE JACKSON, JR 'ATTEMPTED SUICIDE'...
Questions mount...
NAACP goes wild for Eric
Holder...
'O: This Will Be My Last
Political Campaign No Matter What'...
GALLUP: APPROVE SLIPS TO
44%...
POLL: US CHANGED FOR THE WORSE
UNDER OBAMA ...
Boehner: Voters Need Not
'Love' Romney...
Man Who Introduced Obama At
Rally Owes $500,000 To Former Employer...
'We sort of ran out of
money'...
Obama campaign threatens
donors: 'We could lose if this continues'...
Obama uses 'I' and 'me' 117
times in speech...
'Delirious' Blood-Covered
Naked Man Selling Candy Kills Motel Worker In Violent Rampage...
Man holds knife to
3-year-old's face, threatened to cut out tongue...
Kudlow: Obama’s Goose Is
Cooked...
Obama's Social Security Number
challenged...
'American story' faces fresh
scrutiny... { ‘By some counts, The Story presents more
than three-dozen instances of material discrepancy where Dreams fails to
align with the facts as Maraniss reports them. Case in point: Maraniss
confirmed that Mr. Obama's mother, Ann Dunham, left his father, Barack Obama,
Sr., a volatile bigamist, and not the other way around, as related in Dreams.
Dreams also related the tale of Obama's paternal grandfather, Hussein
Onyango, who was said to have been detained and tortured in a prison outside
Nairobi for six months because of his brave defiance of British colonialists.
But after a half-dozen interviews and other research, Maraniss deemed the tale
"unlikely." }
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
http://albertpeia.com/euinrecessionusrecessionchinachinakissmyhina.htm
http://albertpeia.com/corndyingoveramerica.htm
7-10-12 DNC Chair Invested in Swiss
Banks, Foreign Drug Companies, Bank of India...
Wasserman Schultz: 'It Would
Be Nice If We Had Candidate for President Who Was Committed To America'...
GODFATHER UNDER FIRE AS MURDER
RATE SOARS...
Chicago Mayor Appeals to
Gangsters' 'Values'...
'Don't touch the
children'...
RADIO STATION REPORTS REP.
JESSE JACKSON, JR 'ATTEMPTED SUICIDE'...
Questions mount...
NAACP goes wild for Eric
Holder...
'O: This Will Be My Last
Political Campaign No Matter What'...
GALLUP: APPROVE SLIPS TO
44%...
POLL: US CHANGED FOR THE WORSE
UNDER OBAMA ...
Boehner: Voters Need Not
'Love' Romney...
Man Who Introduced Obama At
Rally Owes $500,000 To Former Employer...
'We sort of ran out of
money'...
Obama campaign threatens
donors: 'We could lose if this continues'...
Obama uses 'I' and 'me' 117
times in speech...
'Delirious' Blood-Covered
Naked Man Selling Candy Kills Motel Worker In Violent Rampage...
Man holds knife to
3-year-old's face, threatened to cut out tongue...
Kudlow: Obama’s Goose Is
Cooked...
Obama's Social Security Number
challenged...
'American story' faces fresh
scrutiny... { ‘By some counts, The Story presents more
than three-dozen instances of material discrepancy where Dreams fails to
align with the facts as Maraniss reports them. Case in point: Maraniss
confirmed that Mr. Obama's mother, Ann Dunham, left his father, Barack Obama,
Sr., a volatile bigamist, and not the other way around, as related in Dreams.
Dreams also related the tale of Obama's paternal grandfather, Hussein
Onyango, who was said to have been detained and tortured in a prison outside
Nairobi for six months because of his brave defiance of British colonialists.
But after a half-dozen interviews and other research, Maraniss deemed the tale
"unlikely." ‘ }
7-9-12 DOOM Roubini: My 'Perfect Storm' Scenario Is Unfolding
NOW...
CADDELL: Taxes and Trust - The
Achilles Heels of Obama...
Maryland's Rich Flee State...
83% OF DOCTORS 'HAVE
CONSIDERED QUITTING' OVER OBAMACARE
Broke Scranton, PA cuts all
employees to minimum wage!
Bankrupt Alabama county asks
for second look at lawyer fees...
PUTIN: WEST IS ON DECLINE...
Defends support for Syrian
regime...
POLL: US CHANGED FOR THE WORSE
UNDER OBAMA ...
Boehner: Voters Need Not
'Love' Romney...
Man Who Introduced Obama At
Rally Owes $500,000 To Former Employer...
'We sort of ran out of
money'...
Obama campaign threatens
donors: 'We could lose if this continues'...
Obama uses 'I' and 'me' 117
times in speech...
'Delirious' Blood-Covered
Naked Man Selling Candy Kills Motel Worker In Violent Rampage...
Man holds knife to
3-year-old's face, threatened to cut out tongue...
Kudlow: Obama’s Goose Is
Cooked...
Obama's Social Security Number
challenged...
'American story' faces fresh
scrutiny... { ‘By some counts, The Story presents more
than three-dozen instances of material discrepancy where Dreams fails to
align with the facts as Maraniss reports them. Case in point: Maraniss
confirmed that Mr. Obama's mother, Ann Dunham, left his father, Barack Obama,
Sr., a volatile bigamist, and not the other way around, as related in Dreams.
Dreams also related the tale of Obama's paternal grandfather, Hussein
Onyango, who was said to have been detained and tortured in a prison outside
Nairobi for six months because of his brave defiance of British colonialists.
But after a half-dozen interviews and other research, Maraniss deemed the tale
"unlikely." Read more: http://www.foxnews.com/politics/2012/07/04/obama-american-story-faces-fresh-scrutiny/#ixzz1zmwWPuJ5 ‘ }
http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Obama
administration repeats same jobs line — for the 30th month
http://albertpeia.com/neverenoughjobsinamericaagain.htm
http://albertpeia.com/10waysobamakillingjobsinamerica.htm
July 5, 2012 By gpc1981 http://albertpeia.com/germanywillbailoneuro.htm
http://albertpeia.com/neverenoughjobsinamericaagain.htm
http://albertpeia.com/10waysobamakillingjobsinamerica.htm
7-6-12 O NO: UNEMPLOYMENT STUCK AT 8.2%...
'STEP IN THE RIGHT
DIRECTION'...
Just 80,000 jobs added in
June...
85,000 WENT ON DISABILITY!
Unemployment rate for blacks
jumps to 14.4% (Actually, that’s much too low and 100% unemployment/imprisonment/deportation
would be optimal for productivity/civilized behavior/minimal violent crime)...
780,000 Fewer Women Employed
Under Obama...
Romney: 'It Doesn't Have To Be
This Way'...
Team Obama predicted 5.6%
today with stimulus...
Broke California OKs
funding for high-speed rail line...
Bush spend Fourth in Zambia,
opening health clinic, visiting orphanage { The perfect place for dumbya bush;
little ‘blackface’ and he’d fit right in! } ...
Ohio restaurant owner dies
hours after Obama visit { Kind of like the nation as a whole; see wobama and
die! } ...
Obama's Social Security Number
challenged...
'American story' faces fresh
scrutiny... { ‘By some counts, The Story presents more
than three-dozen instances of material discrepancy where Dreams fails to
align with the facts as Maraniss reports them. Case in point: Maraniss
confirmed that Mr. Obama's mother, Ann Dunham, left his father, Barack Obama,
Sr., a volatile bigamist, and not the other way around, as related in Dreams.
Dreams also related the tale of Obama's paternal grandfather, Hussein
Onyango, who was said to have been detained and tortured in a prison outside
Nairobi for six months because of his brave defiance of British colonialists.
But after a half-dozen interviews and other research, Maraniss deemed the tale
"unlikely." Read more: http://www.foxnews.com/politics/2012/07/04/obama-american-story-faces-fresh-scrutiny/#ixzz1zmwWPuJ5 ‘ }
Ann Romney says woman being eyed for ticket...
Obama's whole campaign strategy is 'let's kill this guy' (
That’s no exaggeration, the predisposition of blacks toward whites; and, wobama
can’t run on his record of failure in which he’s lied and failed! ) ...
POLL: In 15 swing states, Romney leads Obama 51% to 43%...
Romney accuses Obama of 'vicious lies' on BAIN CAPITAL...
'THE LAW I PASSED IS HERE TO STAY' { Wobama
must be back on his choom pipe fantisizin’ again! }
LAND OF THE FREE: San Diego man stranded after told on 'no-fly' list...
Midwest ranchers, lawmakers protest drone flyovers...
TWITTER shares info on gov't demands for user data...
ACLU Launches Smartphone App To Secretly Record Police
Stops...
'Homeland Security' Report Lists 'Liberty Lovers' As
Terrorists...
Cannibal Updates: Boy bitten on neck by man in 'vampire' attack...
VIDEO: Man high on synthetic 'spice' goes on naked 'ninja'
rampage...
'ZOMBIE CANNIBAL': 'I'm a eat you'...
SCORN ON THE 4TH OF JULY: Chris Rock Mocks 'Happy White
Peoples Independence Day'...
TOP BLACK CHURCH BACKS HOLDER, BLASTS HOUSE...
Severed head thought to belong to Canadian cannibal's
butchered lover found in park...
Pregnant woman bites off boyfriend's fingertip...
RECORD NUMBERS OF AMERICANS ON
DISABILITY
NOW Mammoth Lakes files for bankruptcy!
Rep. Allen West: Obama Wants Americans To 'Be His
Slave'...
CHICAGOLAND: 7-Year-Old Girl Gunned Down While Selling
Lemonade Outside Home...
MCCONNELL: 'Sold to American people on a deception'...
CURL: Gift to Romney... {
This may seem somewhat counterintuitive and a bit of a rationalization; but, it
is absolutely true. So true in fact, that wobama will come to be compared to
Pyrrhus of Ephyrus (W. Greece) since realization of what this legislation won’t
do for americans and the economy and what it actually does will not have the
galvanizing effect that striking the bill down would have had on voters who
were thinking ‘another free lunch from the government’ will save them (we all
now know better, no such thing). Yes, in somewhat European tradition, defacto
bankrupt america is keeping up with the (ie., rating agencies Egan) Joneses.
After all, we all know how well this European program model is working out for
Europe (and any other nation that’s tried it). In the final analysis, this and
such programs as the contraindicated bailouts for the unprosecuted frauds on
wall street, etc., will prove to be the ‘camel-back breaking’ moment for
america; and, a pyrrhic victory for the egregiously failed president
wobama. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … }
HISTORIC: HOUSE VOTES HOLDER IN CONTEMPT...
DEM HOODIED BLACKS PLUS WALK OFF FLOOR...
Pelosi botches name of slain border agent...
Adult Chimpanzee Fatally Mauls Baby Chimp at LA Zoo...
ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took synthetic drug strangles dog, starts
eating it...
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... { Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue
livin’ large on the taxpayer dime while accomplishing nothing except greater
public debt to hide his failure. This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. It’s laughable to hear him blame
congress for his lack of accomplishments when the reality is that he ‘really
wasn’t there’ for any of it. For wobama the presidency is just endless debate,
rhetoric, campaigning, vacationing, soundbites from the teleprompted speeches,
jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud and failure and
anyone who buys into election-year desperation / promises, etc., is just a fool
of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who
warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices
which as per his legal duty were optimal for those who put their trust in him.
For those who put their trust in proven failure wobama, all they have to show
for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure. }
Will accept your birthday or anniversary gifts, too...
VIDEO: Obama Trips At Campaign Event In Tampa...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The Biggest Financial Scandal
In History? http://albertpeia.com/anotherbiggestfinancialscandal.htm ‘We always knew that the
financial markets were rigged, but this is getting ridiculous. It is now
being alleged that 20 major banks have been systematically fixing global
interest rates for years. Barclays has already been fined hundreds of millions of dollars for
manipulating Libor (the London Inter Bank Offered Rate). But Barclays
says that a whole bunch of other banks were doing this too. This is
shaping up to be the biggest financial scandal in history, and criminal
investigations have been launched on both sides of the Atlantic. What those
investigations are likely to uncover could shake the financial markets to their
very core. In the end, this scandal could absolutely devastate confidence
in the global financial system and it could potentially bring down a number of
major global banks. We have never seen anything quite like this before.
What Is Libor?
As
mentioned before, Libor is the London Inter Bank Offered Rate. A recent Washington Post article contained a pretty
good explanation of what that means....
In
the simplest terms, LIBOR is the average interest rate which banks in London
are charging each other for borrowing. It’s calculated by Thomson Reuters
— the parent company of the Reuters news agency — for the British
Banking Association (BBA), a trade association of banks and financial services
companies.
Why Does Libor Matter?
If
you have a mortgage, a car loan or a credit card, then there is a very good
chance that Libor has affected your personal finances. Libor has been a
factor in the pricing of hundreds of trillions of dollars of loans, securities
and assets. The following is from a recent article by Maureen Farrell....
These
traders influenced the pricing of the London Interbank Offered Rate or Libor, a
benchmark that dictates the pricing of up to $800 trillion of securities (yes
trillion)…’
http://albertpeia.com/anotherbiggestfinancialscandal.htm
http://albertpeia.com/70reasonstomournforamerica.htm
7-5-12 POLL: In 15 swing states,
Romney leads Obama 51% to 43%...
Romney accuses Obama of
'vicious lies' on BAIN CAPITAL...
13,000 Pages of Regulations
for New ObamaTaxes Drafted...
JINDAL: Way paved for 'tofu'
tax...
Romney And Obama Supporters
Clash at July 4th Parade...
Obama's Social Security Number
challenged...
'American story' faces fresh
scrutiny... { ‘By some counts, The Story presents more
than three-dozen instances of material discrepancy where Dreams fails to
align with the facts as Maraniss reports them. Case in point: Maraniss
confirmed that Mr. Obama's mother, Ann Dunham, left his father, Barack Obama,
Sr., a volatile bigamist, and not the other way around, as related in Dreams.
Dreams also related the tale of Obama's paternal grandfather, Hussein
Onyango, who was said to have been detained and tortured in a prison outside
Nairobi for six months because of his brave defiance of British colonialists.
But after a half-dozen interviews and other research, Maraniss deemed the tale
"unlikely." Read more: http://www.foxnews.com/politics/2012/07/04/obama-american-story-faces-fresh-scrutiny/#ixzz1zmwWPuJ5 ‘ }
Ann Romney says woman being eyed for ticket...
Obama's whole campaign strategy is 'let's kill this guy' (
That’s no exaggeration, the predisposition of blacks toward whites; and, wobama
can’t run on his record of failure in which he’s lied and failed! ) ...
POLL: In 15 swing states, Romney leads Obama 51% to 43%...
Romney accuses Obama of 'vicious lies' on BAIN CAPITAL...
'THE LAW I PASSED IS HERE TO STAY' { Wobama
must be back on his choom pipe fantisizin’ again! }
The Great Crash Ahead with
Author Harry Dent 7-3-12
http://endoftheamericandream.com
http://albertpeia.com/freakishamericangeneticmonsters.htm
Drudgereport: 7-3-12 POLL: In 15 swing states, Romney leads Obama 51% to 43%...
Romney accuses Obama of 'vicious lies' on BAIN CAPITAL...
Greece to present debt inspectors 'alarming' data...
France Faces Major
Test as It Enters 'Danger Zone'...
Cyprus starts bailout talks with EU, IMF...
Ex-President Sarkozy's home, offices raided by police...
Cannibal Updates: VIDEO: Man high on synthetic 'spice' goes on naked 'ninja'
rampage...
'ZOMBIE CANNIBAL': 'I'm a eat you'...
Severed head thought to belong to Canadian cannibal's
butchered lover found in park...
Pregnant woman bites off boyfriend's fingertip...
Murdoch Dissatisfied With
"Weak" Romney, Allies Say http://albertpeia.com/senilepenalmurdoch.htm { Yeah; murdoch prefers the ‘tougher’ gay
choom gang banger wobama alternative. More cream pies in his face cries the
senile old media meister. Yeah; the majority of the electorate think just like
billionaire murdoch. Let’s not kid ourselves…murdoch’s totally gone…even the
wisdom of his company’s breakup/split into two companies is being seriously
questioned. …’ Murdoch wrote on Twitter. "Tough O Chicago pols ( Aah!
Riiiiight! Just what the country needs; crime, corruption, cook county
politics, capone/chicago style , hudson county/jersey city/newark,n.j. style,
etc.; … Even LA’s substantially better than that; and, make no mistake, as
‘wobama country’ LA’s pretty bad, etc.) …will be hard to beat unless he drops
old friends from team and hires some real pros’… First reality: He could hire
some real pros without dropping old friends… even americans will prove smart
enough and not sufficiently self-destructive enough and will not embrace proven
failure, viz., given the magnitude of wobama’s failure and the unaffordable,
insurmountable expense of obfuscation: ‘…those
who put their trust in proven failure wobama, all they have to show for such
misplaced trust are broken campaign promises, now insurmountable record deficit
spending exceeding all the presidents since Eisenhower combined to obfuscate
what clearly has been wobama’s unequivocal failure...’ ( The Real Obama Budget Deficit
For 2011: 5 Trillion Dollars
http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm http://albertpeia.com/34shockingfactsofusdebt.htm ) America’s debt woe is worse
than Greece’s(CNN)‘Our government is utterly broke…The government’s
total indebtedness is $211 trillion’ … )
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... [ Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue
livin’ large on the taxpayer dime while accomplishing nothing except greater
public debt to hide his failure. This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. It’s laughable to hear him blame
congress for his lack of accomplishments when the reality is that he ‘really
wasn’t there’ for any of it. For wobama the presidency is just endless debate,
rhetoric, campaigning, vacationing, soundbites from the teleprompted speeches,
jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud/failure and anyone
who buys into election-year desperation, etc., is just a fool ! .. ]
Will accept your birthday or anniversary gifts, too...
}
CURL: Gift to Romney... {
This may seem somewhat counterintuitive and a bit of a rationalization; but, it
is absolutely true. So true in fact, that wobama will come to be compared to
Pyrrhus of Ephyrus (W. Greece) since realization of what this legislation won’t
do for americans and the economy and what it actually does will not have the
galvanizing effect that striking the bill down would have had on voters who
were thinking ‘another free lunch from the government’ will save them (we all
now know better, no such thing). Yes, in somewhat European tradition, defacto
bankrupt america is keeping up with the (ie., rating agencies Egan) Joneses.. a
pyrrhic victory for the egregiously failed president wobama. }
{ In sum, though
comfortably familiar to aussie murdoch, himself the product of penal colony
progeny in what has now become tantamount to a global penal colony with inmates
running the institution/asylum, rupee the poopee is less comfortable with
fact/reality of his global irrelevance... }
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 http://albertpeia.com/ecricallsrecession.htm , Computers on Wall Street are
Buying and Selling to Themselves {
Churnin’ and earnin’ http://albertpeia.com/churninandearnin.htm 6-29-12 Suckers’ short covering plus high
frequency algo rally into the close to keep suckers sucked in for month,
quarter, half window dressing (manipulated stock prices, oh my! Realize that
these fraudulently induced commissions come OUT of the real macro economy which
has been a major problem for quite some time!) } - As per Dave (Dave’s Daily: http://www.etfdigest.com ‘.. There were grandiose statements,
promises and more importantly, details to be worked out. The latter will wait
since bullish algos only move on headlines and not pesky details..’ ‘6-28-12 … But a late day rally on an old Bloomberg story
that Italy and Spain might get some short-term help launched algo buy programs
late...’) 7-2-12 Global Growth Outlook Weakens ,
Big Banks Have Criminally
Conspired Since 2005 to Rig $800 Trillion Dollar Market George Washington 07/01/2012
… But Receive Only a Light Slap on the Wrist , 77% of JP Morgan’s Net Income
Comes from Government Subsidies JP
Morgan Sucks at the Government Teat
, Sorry Folks, Spain Isn’t
“Saved” And The Next Leg Down is Coming Soon / The Exact Moment Greece Will Leave the Euro gpc1981 http://albertpeia.com/greeceyspainpain.htm , Chief Justice John Roberts
Bowed To Political Pressure And Changed His Vote On Obamacare http://albertpeia.com/nolegalsystem.htm { The unfortunate reality is what I’ve
alluded to in the context of my own direct experience; viz., america’s ‘legal
system’ is an illegal system used to cover-up crimes, arbitrarily enforce laws
to apply pressure, etc., and essentially run by the inmates of this collective
criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
} , Houston, We Have Contraction , China's Landing Getting Harder
As Stimulus Fails To Prime Pump
, As US Closes June With
$15,856,367,214,324.44 In Federal Debt, US Debt/GDP Hits Post WWII High Of
101.5% , 15 Reasons Why The Obamacare
Decision Is A Mind Blowing Disaster For America http://albertpeia.com/15reasonsobamacareisadisaster.htm , 17 Reasons To Be EXTREMELY
Concerned About The Second Half Of 2012 http://17reasonssecondhalfworse.htm , 22 Statistics That Prove That
The American Dream Is Being Systematically Destroyed http://albertpeia.com/americandreamdestroyed.htm Where Does Money Come From?
The Giant Federal Reserve Scam That Most Americans Do Not Understand http://albertpeia.com/federalreservescam.htm , The EU Has Already Broken Up…
They Just Haven’t Formalized Yet
http://albertpeia.com/eualreadybrokenup.htm , http://albertpeia.com/totaleconomiccollapseseptoct.htm , Egan Jones Downgrades Germany
From AA- To A+ , "Bankruptcy Only Choice
Left" As Stockton Set To Become Largest US City Chapter 9 , Deutsche Bank Hides The
Hopium: "The Next Recession Should Start By The End Of August" , Richmond Fed Plunges;
Consumers Underconfident For The Fourth Month In A Row , Art Cashin Warns: "Beware
The Ides Of September"
( Suckers’ algo rally into the close off lows; great opportunity to
sell/take profits! Much worse to come! ) Dave’s Daily: http://www.etfdigest.com
http://etfdigest.com/commentary.html BANKS
RALLY ON DOWNGRADES 6-22-12 ‘It would appear the rating agencies are
either “leading from behind” or just don’t have much respect these days after
they botched the mortgage crisis’ { As
an aside, I thought Rodney Dangerfield was absolutely hilarious in that great
comedy classic, ‘Caddyshack’ and I’m glad Dave used his image here http://albertpeia.com/dangerfieldindeed.jpg }. , The USD Trap Is Closing:
Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap When the US Dollar is ultimately dethroned
as the world's reserve currency (and finally gets rid of all those ridiculous
three letter post-Keynesian economic "theories") nobody will have
seen it coming. Well, nobody except for the following headlines: ""World's Second (China) And
Third Largest (Japan) Economies To Bypass Dollar, Engage In Direct Currency
Trade", "China, Russia Drop Dollar In
Bilateral Trade", "China And Iran To Bypass
Dollar, Plan Oil Barter System", "India and Japan sign new $15bn currency swap
agreement", "Iran, Russia Replace Dollar
With Rial, Ruble in Trade, Fars Says", "India Joins Asian Dollar
Exclusion Zone, Will Transact With Iran In Rupees." And
while the expansion of the "dollar exclusion zone" was actually quite
glaring to anyone who dared to look, one thing was obvious: it was confined to
Asia. No more courtesy of the following FT headline: "Brazil and China agree
currency swap." More: "Brazil has provided a vote of
confidence in China’s efforts to promote the renminbi as a reserve
currency by becoming the biggest economy yet to agree a swap deal with Beijing.
Brazil and China announced the R$60bn (US$29bn) local currency swap
after a bilateral meeting between Wen Jiabao, the Chinese premier, and Dilma
Rousseff, Brazil’s president, on the sidelines of the Rio+20 environmental
summit in Rio de Janeiro." , 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! , America’s
debt woe is worse than Greece’s News (CNN) — ‘Our
government is utterly broke. There are signs everywhere one looks…The government’s
total indebtedness is $211 trillion’ … Suckers’ 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" http://albertpeia.com/reinforcementoffailure.htm , Dave’s Daily:
http://www.etfdigest.com
MARKETS RETHINK SPAIN AND ITALY 6-11-12
{Contrasted to prior trading day folly/fraud} 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…’ {
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? http://albertpeia.com/endgamecollapse.htm ,
Biderman: "Everyone Is
Now A Seller Of US Stocks" ZeroHedge.com Submitted
by Tyler Durden on 05/31/2012
http://albertpeia.com/everyonenowasellerofusstocks.htm , 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
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm , 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 ZeroHedge.com Durden , 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 www.zerohedge.com 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 ZeroHedge.com http://albertpeia.com/5reasonsforcautioninusequities.htm
[ 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 Durden on
05/01/2012 , 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.htm
– REMEMBER: 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 Durden ‘On
this basis, the market as a whole is OVERPRICED BY MORE THAN 20%.’ { http://albertpeia.com/rosenbergsaysmarketovervaluedmorethan20percent.htm } , 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 Durden , 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
Miss 3-26-12 The 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) ZeroHedge.com 3-14-12 ‘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 Durden ,
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 Durden on
01/06/2012 .. 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 Durden, This
is No Cyclical Recession… It is a Secular DE-pression Phoenix Capital , 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 Declines Durden 2-28-12 Little 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) Durden, , 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 Durden 3-6-12,
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 Increase Durden 3-8-12 , Initial Claims Miss
Expectations, Rise For Third Consecutive Week For First Time Since August 2010 Durden 3-8-12 , Greece 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 2011 Durden 3-12-12 , Guest Post: The Audacity of
Bonuses At MF Global Durden 3-12-12 In
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 Durden 3-15-12 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 Missed Durden 3-22-12 , Corzine Corzined -
Congressional Panel Finds Former MF Global CEO Ordered JPM Fund Transfer
Durden 3-23-12 [
‘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 Durden 3-26-12 , 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/bobobamathetraitor.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" Durden 3-30-12, Everything Is Going To Be
Alright? http://albertpeia.com/everythingsnotalright.htm
, ‘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
Durden ,
The Mother Of All
Infographics: Visualizing America's Derivatives Universe http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm
, Fasten Your Seatbelts: High
Frequency Trading Is Coming To The Treasury Market [ http://albertpeia.com/highfrequencytradingcomingtotreasuries.htm
, 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
Paul Joseph Watson |
“Breathtaking” information will top previous press conference, says lead
investigator.
Steve Watson | A
coalition of privacy and freedom advocacy groups has joined forces to push for
elected officials to acknowledge the digital rights of all Americans and sign a
new Declaration of Internet Freedom.
Paul Joseph Watson | “I’m now
afraid that I might be in physical danger”.
RT | High-tech battleships and missiles
are on stand-by to protect London during the upcoming Olympics.
Ron Paul | Ron Paul is America’s leading voice
for limited, constitutional government, low taxes, free markets, sound money,
and a pro-America foreign policy.
Elizabeth Renter |
Breast-feeding mothers are often cautioned against eating and drinking certain
things; it’s because some of these things can find their way into their breast
milk and then their baby.
Paul Joseph Watson | Heavily
armored vehicle “used by U.S. troops on the battlefield”.
Prisonplanet.com | Alex
discusses the progressively deteriorating global economy and review evidence
that indicates the world is in the grasp of criminal banks.
Daily Caller | On
Monday, protesters are scheduled to gather outside the White House to demand
President Barack Obama and Attorney General Eric Holder be held accountable for
Operation Fast and Furious.
Mike Adams | Now that
Obamacare has been ruled a tax by the U.S. Supreme Court, reality is starting
to sink in for all those who emotionally supported it.
Infowars.com | Iran
does not divulge how it will stop oil shipments from passing through strategic
Strait of Hormuz waterway.
Kurt Nimmo | Code of
ethics released to “accelerate public confidence” in Big Brother’s eye in the
sky surveillance system.
Infowars.com | This
summer’s extreme weather highlights the need for preparedness advice.
Paul Joseph Watson |
“Breathtaking” information will top previous press conference, says lead
investigator.
Steve Watson | A coalition
of privacy and freedom advocacy groups has joined forces.
Infowars.com | Taking
the message exposing Obama’s treason to the streets.
Melissa Melton | The
Obama Administration recently spent three million dollars to convince us we
will all live healthier lives if we sign up for food stamps.
Paul Joseph Watson | “I’m now
afraid that I might be in physical danger”.
http://albertpeia.com/kicksinthecandowntheroad.htm
http://albertpeia.com/empburst.htm
July 3, 2012 By gpc1981 http://albertpeia.com/greeceyspainpain.htm
http://albertpeia.com/nolegalsystem.htm
By gpc1981 http://albertpeia.com/noeugamechangers.htm
CHICAGOLAND: 7-Year-Old Girl Gunned Down While Selling
Lemonade Outside Home...
MCCONNELL: 'Sold to American people on a deception'...
CURL: Gift to Romney... {
This may seem somewhat counterintuitive and a bit of a rationalization; but, it
is absolutely true. So true in fact, that wobama will come to be compared to
Pyrrhus of Ephyrus (W. Greece) since realization of what this legislation won’t
do for americans and the economy and what it actually does will not have the
galvanizing effect that striking the bill down would have had on voters who
were thinking ‘another free lunch from the government’ will save them (we all
now know better, no such thing). Yes, in somewhat European tradition, defacto
bankrupt america is keeping up with the (ie., rating agencies Egan) Joneses.
After all, we all know how well this European program model is working out for
Europe (and any other nation that’s tried it). In the final analysis, this and
such programs as the contraindicated bailouts for the unprosecuted frauds on
wall street, etc., will prove to be the ‘camel-back breaking’ moment for
america; and, a pyrrhic victory for the egregiously failed president wobama. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … }
HISTORIC: HOUSE VOTES HOLDER IN CONTEMPT...
DEM HOODIED BLACKS PLUS WALK OFF FLOOR...
Pelosi botches name of slain border agent...
Adult Chimpanzee Fatally Mauls Baby Chimp at LA Zoo...
ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took synthetic drug strangles dog, starts
eating it...
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... { Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue
livin’ large on the taxpayer dime while accomplishing nothing except greater
public debt to hide his failure. This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. It’s laughable to hear him blame
congress for his lack of accomplishments when the reality is that he ‘really
wasn’t there’ for any of it. For wobama the presidency is just endless debate,
rhetoric, campaigning, vacationing, soundbites from the teleprompted speeches,
jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud and failure and
anyone who buys into election-year desperation / promises, etc., is just a fool
of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who
warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices
which as per his legal duty were optimal for those who put their trust in him.
For those who put their trust in proven failure wobama, all they have to show
for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure. }
Will accept your birthday or anniversary gifts, too...
VIDEO: Obama Trips At Campaign Event In Tampa...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
6-28-12 MICHAEL SAVAGE: 'ROBERTS EPILEPSY MEDICATION AFFECTS HIS
COGNITION'...
FLASHBACK NYT: Roberts drugs 'can have troubling side
effects, mental slowing and forgetfulness'... { Wow! Who woulda
thunk it, known it! I certainly didn’t know of roberts’ condition. And, yes,
the effects of said drugs are significant, serious as set forth above and over
time particularly, debilitating. Roberts should step down, not that the u.s.
supreme court is some font of reason, sound judgment, and wisdom, even
lawfulness. Indeed, quite the contrary is true. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
}
SUPREME COURT RULES:
OBAMACARE STANDS...
Mandate survives AS A 'TAX'...
Chief Justice Roberts joins left of the Court...
'It is not our role to forbid it, or pass upon its wisdom
or fairness'...
.PDF OF OPINIONS
Dissent: 'We Cannot Rewrite the Statute to Be What It Is
Not'...
FLASHBACK: Obama: Mandate is NOT A TAX...
VIDEO...
RUSH LIMBAUGH: 'WE NOW HAVE THE BIGGEST 'TAX' INCREASE IN
HISTORY OF THE WORLD'...
Did Justice Roberts change his vote at last minute?
George Will: Conservatives' consolation prize...
Republican governors vow to ignore Obamacare...
HOUSE REPEAL VOTE SET FOR WEEK OF JULY 9...
Speaker Boehner: 'Ruling underscores urgency'...
MCCONNELL: 'Sold to American people on a deception'...
CURL: Gift to Romney... {
This may seem somewhat counterintuitive and a bit of a rationalization; but, it
is absolutely true. So true in fact, that wobama will come to be compared to
Pyrrhus of Ephyrus (W. Greece) since realization of what this legislation won’t
do for americans and the economy and what it actually does will not have the
galvanizing effect that striking the bill down would have had on voters who
were thinking ‘another free lunch from the government’ will save them (we all
now know better, no such thing). Yes, in somewhat European tradition, defacto
bankrupt america is keeping up with the (ie., rating agencies Egan) Joneses.
After all, we all know how well this European program model is working out for
Europe (and any other nation that’s tried it). In the final analysis, this and
such programs as the contraindicated bailouts for the unprosecuted frauds on
wall street, etc., will prove to be the ‘camel-back breaking’ moment for
america; and, a pyrrhic victory for the egregiously failed president
wobama. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … }
HISTORIC: HOUSE VOTES HOLDER IN CONTEMPT...
DEM HOODIED BLACKS PLUS WALK OFF FLOOR...
Pelosi botches name of slain border agent...
Adult Chimpanzee Fatally Mauls Baby Chimp at LA Zoo...
ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took synthetic drug strangles dog, starts
eating it...
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... { Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue
livin’ large on the taxpayer dime while accomplishing nothing except greater
public debt to hide his failure. This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. It’s laughable to hear him blame
congress for his lack of accomplishments when the reality is that he ‘really
wasn’t there’ for any of it. For wobama the presidency is just endless debate,
rhetoric, campaigning, vacationing, soundbites from the teleprompted speeches,
jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud and failure and
anyone who buys into election-year desperation / promises, etc., is just a fool
of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who warned
of NAFTA’s effect on american jobs even as the democrat administration et als
were hell-bent on passing same? Should Romney have breached his legal duty to
shareholders and invested in companies with poor earnings prospects? After all,
in the financial / security analysis step of projecting the income statement,
prospective labor costs figure prominently in the bottomline. In sum, Romney
took conditions as he found them, and made the prudent choices which as per his
legal duty were optimal for those who put their trust in him. For those who put
their trust in proven failure wobama, all they have to show for such misplaced
trust are broken campaign promises, now insurmountable record deficit spending
exceeding all the presidents since Eisenhower combined to obfuscate what
clearly has been wobama’s unequivocal failure.
}
Will accept your birthday or anniversary gifts, too...
VIDEO: Obama Trips At Campaign Event In Tampa...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
Where Does Money Come From?
The Giant Federal Reserve Scam That Most Americans Do Not Understand http://albertpeia.com/federalreservescam.htm , The EU Has Already Broken Up…
They Just Haven’t Formalized Yet
http://albertpeia.com/eualreadybrokenup.htm , Dave’s Daily: http://www.etfdigest.com
6-27-12 ‘There’s
plenty of tension around with ObamaCare up for a SCOTUS decision and more
deadlines for the eurozone Friday or over the weekend. Economic data in the
U.S. was pleasing to bulls as Durable Goods Orders climbed (1.9% vs .4%
expected & prior .2%) and ex-Transportation missed (.4% vs .8% expected
& prior -.6%). The better number came from Pending Home Sales (5.9% vs
.1.2% expected & prior -5.5%)…“Germany is not the cause of problems in the
euro area.” Also, Merkel has repeated her negative view of euro bonds as noted…’
http://endoftheamericandream.com
http://albertpeia.com/runandhideplan.htm
June 27,
2012 By gpc1981 http://albertpeia.com/eualreadybrokenup.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/americaonfire.htm
6-27-12 Contempt vote on Holder will proceed...
...last-minute talks fail
Black lawmakers plot 'walkout strategy' during vote...
28.9% unemployment rate in Yuma, AZ...
Merkel dismisses Spain, Italy pleas for aid...
'EPIC' WILDFIRE RAGES IN COLORADO...
300+ Homes Burned...
Obama Shrunk Aerial Firefighting Fleet...
Adult Chimpanzee Fatally Mauls Baby Chimp at LA Zoo...
ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took synthetic drug strangles dog, starts
eating it...
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... { Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue
livin’ large on the taxpayer dime while accomplishing nothing except greater
public debt to hide his failure. This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. It’s laughable to hear him blame
congress for his lack of accomplishments when the reality is that he ‘really
wasn’t there’ for any of it. For wobama the presidency is just endless debate,
rhetoric, campaigning, vacationing, soundbites from the teleprompted speeches,
jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud and failure and
anyone who buys into election-year desperation / promises, etc., is just a fool
of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who
warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices
which as per his legal duty were optimal for those who put their trust in him.
For those who put their trust in proven failure wobama, all they have to show
for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure. }
Will accept your birthday or anniversary gifts, too...
VIDEO: Obama Trips At Campaign Event In Tampa...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
Guest Post: Liquidation Is
Vital In light of the zombification that now exists in Japan and also America (and
coming soon to every single QE and bailout-heavy Western economy) — zombie
companies, poorly managed, making all the same mistakes as before, rudderless,
and yet still in business thanks to government intervention — it is clear
that the liquidationists grasped something that Keynesians are still missing. Markets
are largely no longer trading fundamentals; they are just trading state
intervention and money printing.
http://albertpeia.com/americandreamdestroyed.htm
Drudgereport:
6-26-12 ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Stockton, CA braces for bankruptcy...
HOLDER: 'It's Going to Get Really Busy on Thursday,
Apparently'...
Hoyer: Some Dems Will Vote For Contempt...
Brewer: White House tells Arizona to 'drop dead'...
MO Dem Sen to Skip Party's Convention...
FLASHBACK: Obama's 'most reliable surrogate' in 2008...
ANOTHER: GA Dem. Rep. to Skip Convention...
PENTAGON HOLDS FIRST GAY PRIDE EVENT...
ANOTHER ONE: Cruise Ship Steward Sues Travolta...
ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took synthetic drug strangles dog, starts
eating it...
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... { Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue
livin’ large on the taxpayer dime while accomplishing nothing except greater
public debt to hide his failure. This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. It’s laughable to hear him blame
congress for his lack of accomplishments when the reality is that he ‘really
wasn’t there’ for any of it. For wobama the presidency is just endless debate,
rhetoric, campaigning, vacationing, soundbites from the teleprompted speeches,
jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud and failure and
anyone who buys into election-year desperation / promises, etc., is just a fool
of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who
warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices which
as per his legal duty were optimal for those who put their trust in him. For
those who put their trust in proven failure wobama, all they have to show for
such misplaced trust are broken campaign promises, now insurmountable record
deficit spending exceeding all the presidents since Eisenhower combined to
obfuscate what clearly has been wobama’s unequivocal failure. }
Will accept your birthday or anniversary gifts, too...
VIDEO: Obama Trips At Campaign Event In Tampa...
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 }
June 25,
2012 By gpc1981
http://albertpeia.com/europeinsolvent.htm
Europe is heading into a full-scale disaster.
You see, the debt problems in Europe are not simply
related to Greece. They are SYSTEMIC. The below chart shows the official Debt
to GDP ratios for the major players in Europe.
http://albertpeia.com/toomuchdebt.htm
Drudgereport:
6-25-12 BOOK: Obama Team Squandered Chance For 'Peace' in
Afghanistan...
GALLUP: 44% Can't Name Obama's Religion?
BAM: SUPREME COURT TO RULE OBAMACARE ON THURSDAY...
BOOM: HOUSE VOTE HOLDER CONTEMPT ON THURSDAY...
SHERIFF JOE: 'I'M NOT STOPPING ANYTHING'
Stockton, CA faces midnight deadline to avert
bankruptcy...
Obama Booed At Boston Fundraiser After Mocking Red Sox
Trade...
BREWER: 'Assault' on AZ continues...
Romney: States have right to secure their borders...
Scalia warns of 'evil effects of illegal immigration'...
Jimmy Carter Accuses USA of 'Widespread Abuse of Human
Rights'...
U of Chicago Prof wants to shelve Obama library idea...
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... { Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue
livin’ large on the taxpayer dime while accomplishing nothing except greater
public debt to hide his failure. This from the record holder for fundraisers,
151 and counting. Then there’s the 100 plus rounds of golf in addition to being
famously over-vacationed while in office. It’s laughable to hear him blame
congress for his lack of accomplishments when the reality is that he ‘really
wasn’t there’ for any of it. For wobama the presidency is just endless debate,
rhetoric, campaigning, vacationing, soundbites from the teleprompted speeches,
jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud and failure and
anyone who buys into election-year desperation / promises, etc., is just a fool
of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who
warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices
which as per his legal duty were optimal for those who put their trust in him.
For those who put their trust in proven failure wobama, all they have to show
for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure. }
Will accept your birthday or anniversary gifts, too...
VIDEO: Obama Trips At Campaign Event In Tampa...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The USD Trap Is Closing:
Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap When the US Dollar is ultimately dethroned
as the world's reserve currency (and finally gets rid of all those ridiculous
three letter post-Keynesian economic "theories") nobody will have
seen it coming. Well, nobody except for the following headlines: ""World's Second (China) And
Third Largest (Japan) Economies To Bypass Dollar, Engage In Direct Currency
Trade", "China, Russia Drop Dollar In
Bilateral Trade", "China And Iran To Bypass
Dollar, Plan Oil Barter System", "India and Japan sign new $15bn currency swap
agreement", "Iran, Russia Replace Dollar
With Rial, Ruble in Trade, Fars Says", "India Joins Asian Dollar
Exclusion Zone, Will Transact With Iran In Rupees." And
while the expansion of the "dollar exclusion zone" was actually quite
glaring to anyone who dared to look, one thing was obvious: it was confined to
Asia. No more courtesy of the following FT headline: "Brazil and China agree
currency swap." More: "Brazil has provided a vote of
confidence in China’s efforts to promote the renminbi as a reserve
currency by becoming the biggest economy yet to agree a swap deal with Beijing.
Brazil and China announced the R$60bn (US$29bn) local currency swap
after a bilateral meeting between Wen Jiabao, the Chinese premier, and Dilma
Rousseff, Brazil’s president, on the sidelines of the Rio+20 environmental
summit in Rio de Janeiro."
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.
(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
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…’
Drudgereport:
6-22-12 POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead... { Wobama
is so pathetic! This from the record holder for fundraisers, 151 and counting.
Then there’s the 100 plus rounds of golf in addition to being famously
over-vacationed while in office. It’s laughable to hear him blame congress for
his lack of accomplishments when the reality is that he ‘really wasn’t there’
for any of it. For wobama the presidency is just endless debate, rhetoric,
campaigning, vacationing, soundbites from the teleprompted speeches, jive-talk,
b***s***, and ‘choom fantasy’. He’s a total fraud and failure and anyone who
buys into election-year desperation / promises, etc., is just a fool of the
worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who
warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices
which as per his legal duty were optimal for those who put their trust in him.
For those who put their trust in proven failure wobama, all they have to show
for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure. }
Will accept your birthday or anniversary gifts, too...
VIDEO: Obama Trips At Campaign Event In Tampa...
GREEKS KICKED OUT OF EURO!
EU Battle Spills Off Soccer Field...
Merkel heckled...
New Greek finance minister hospitalized after fainting...
Support growing for return of Deutschmark...
AMERICAN NIGHTMARE: SANDUSKY CONVICTED ON 45 COUNTS OF
CHILD SEX ABUSE...
BAIL REVOKED... { Sweet sandy, the ‘frolicking funloving manchild’ (defense
version), will have plenty of time for cornholin’ except, who’d let him and
who’d want him. }
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
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…
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?
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 yet… for 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.
http://albertpeia.com/datamining.htm
6-21-12 GALLUP: OBAMA FALLS TO 43%...
Housing market hits 15-year low...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
CANNIBAL UPDATES: CRUISED MIAMI IN 2010?
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
http://albertpeia.com/holytoledo.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.
(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
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…’
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
Wobama’s Choom
Gang Bangin’ { This brief video (11 mb) is well done and worth a watch! }
http://www.albertpeia.com/wobamaschoomgangbangin.wmv
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 }
…
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
WASILLA,
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.
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 yet… for
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.
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
America’s Coming Depression Posted by : Bruce Krasting Post date: 06/17/2012 - 09:27 Happy Father's Day!
Drudgereport:
6-18-12 Bloomberg Overheard Saying Romney Would Be Better at
Running Country than Obama { Indeed, because it’s true! } ...
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
WASILLA,
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://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…
Submitted by Tyler Durden on
06/15/2012
‘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.
In
the meantime, Jon Corzine was, is and will always be a freeh man.
Submitted by Tyler Durden on 06/15/2012
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
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://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:
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.”
Submitted by Tyler Durden on 06/14/2012
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://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
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.
{ 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:
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 <[email protected]>
To: [email protected]
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://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 Submitted by Tyler Durden on
06/12/2012 ‘"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
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.
… 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.
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. }
‘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...
'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://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 Tyler Durden on
06/11/2012 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" http://albertpeia.com/reinforcementoffailure.htm , Dave’s Daily:
http://www.etfdigest.com
MARKETS RETHINK SPAIN AND ITALY 6-11-12
‘Most 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) http://albertpeia.com/reinforcementoffailure.htm 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
Submitted
by Tyler Durden on 06/11/2012
Here
we go:
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.
http://albertpeia.com/suicidegun.jpg
Rajoy: Pain in Spain to deepen
despite bank rescue AP
Submitted by Tyler Durden on 06/10/2012 http://albertpeia.com/reinforcementoffailure.htm
http://albertpeia.com/economiccollapsenotsingleevent.htm
http://albertpeia.com/economiccollapsenotsingleevent.htm
Submitted by Tyler Durden on 06/10/2012 http://albertpeia.com/reinforcementoffailure.htm
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...
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://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."
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 }
Submitted by Tyler Durden on 06/08/2012
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.
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 dollars. U.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'...
Argentina loses third of its dollar deposits...
...foreign exchange restrictions
'FACEBOOK Funds' Plunge...
UBS May Have
Trading Loss of $350 Million...
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://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 , David Takes On The
Porn-Addicted Goliath: Egan-Jones Countersues The SEC A month and a half after the SEC took a
much-deserved break from watching taxpayer-funded
pornography, and stumbled on the scene with its latest pathetic
attempt to scapegoat someone, anyone, for its years of gross incompetence,
corruption, and inability to prosecute any of the true perpetrators for an
event that wiped out tens of trillions in US wealth, by suing Egan-Jones for
"improperly" filing their NRSRO application in what was a glaring
attempt to shut them up, the only rating agency with any credibility
has done what nobody else in the history of modern crony
capitalist-cum-socialist America has dared to do: fight back. We
have only three words for Sean Egan: ‘For the Win!’ , Systemic Risk
For Dummies Following
the success of the "Dummies Guide To Europe's
Problems" and the "Global Economic Collapse For
Dummies", we present "Systemic Risk For Dummies".
With global systemic risk at March 2009 highs and nearing November 2011
all-time peak levels, perhaps it is worth considering just what it is that all
this TBTF-saving money-printing has achieved?
, Consumer Credit Misses, As Fed
Magically Creates $1.5 Trillion In Net Worth Out Of Thin Air
The Criminal Banking Cartel's
End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight...
http://albertpeia.com/criminalcartel.htm { I agree with the thrust of this article
which I’ve yet to read in full; if only to emphasize that with a mouse
click/button/keystroke/enter you could easily be separated from your
money/wealth which is a formidable intimidating threat consistent with planned
subservience (and also facilitating manipulated fraud, etc.). And, don’t think
they wouldn’t do it, meaningless, arbitrarily enforced laws notwithstanding.
Don’t forget; government slugs all have the same employer. I experienced the
corruption 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
Drudgerept:ROMNEY AHEAD
IN MICHIGAN/Unemployment in Greece 22%./CANNIBAL UPDATES
SPAIN: SAVE OUR BANKS OR BREAK EURO...
Germany Finalizing
Face-Saving Deal...
Long lines at pharmacies in Greece...
France cuts retirement age -- TO 60...
US blamed for on-going massacre in Syria...
Holder Claims Emails Using Words 'Fast and Furious' Don't
Refer to Operation 'Fast and Furious'...
REPORT: 'Mole' inside DOJ...
HALPERIN: DEMS NOW BELIEVE OBAMA COULD LOSE
{ Duh! Truth be told, as I’ve already
told it on my website, that is ‘fait accomplis’! }
ROMNEY CASH HAUL TOPS OBAMA...
'Gender gap' narrows...
SHOCK POLL: ROMNEY AHEAD IN MICHIGAN { This should come as
no surprise inasmuch as Michigan has suffered under the hapless wobama while
becoming blacker with all the negatives entailed therewith. Michigan’s
prospects along with the suffering rust belt as with the rest of the nation
will only be enhanced by Romney’s Presidency! } ...
Black Rock: 'We Ignore the President's Whiteness, But It's
There' { This election, wobama’s blackness won’t be ignored! } ...
PELOSI: Health law represents 'life, liberty and pursuit
of her’s and wobama’s happiness'...
POLL: Large majority want Supreme Court to overturn...
Bill Clinton 'very sorry' for saying Bush tax cuts should
be extended...
UPDATE: Senator Demands Inquiry Into Attacks on
Conservative Commentators...
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://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...
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...
Fed's Beige Book Is Out Submitted by Tyler Durden on 06/06/2012
Everyone
will be scouring for apocalyptic suggestions (need.moar.NEW Kew - EEE)
in the following...
The US Labor Market Is In A
Full-Blown Depression ‘Now that stocks are back to reflecting
nothing more than expectations of how many times the Chairsatan dilutes the
existing monetary base in a carbon copy replica of not only 2011 but also
2010... and 2009 (because contrary to what purists may believe, the only way to
inflate away unsustainable debt in a growth-free economy is by destroying the
currency), and manic pattern chasers have crawled out of their holes
proclaiming the death of the bear market after a two day bounce, what is
happening in the actual economy, no longer reflected by the market, has once
again been pulled back to the backburner. Which is sad, because while ever
fewer people reap the benefits of artificial, centrally-planned S&P
rallies, the rest of the population suffers, and what is worse: hope for a
quiet, middle-class life is now an endangered species. Nowhere is this more
evident than in the following list from David Rosenberg which summarizes how,
quietly, the US labor force slipped back into a full-blown depression.
One Sick Labor Market
There were
so many disturbing elements to the May jobs data that we're not sure we can do
justice to the litany of disappointments (with some help from our friends at
the Investor's Business Daily):
http://albertpeia.com/10signsamericanhighwaysnowhightechprisongrid.htm
France cuts retirement age -- TO 60...
Germany Finalizing Face-Saving Deal for Spain...
UH O...
WALKER WINS [AGAIN]...
'RECALL' DEFEAT SPELLS DOOM FOR PUBLIC SECTOR
UNIONS...
Voters in California Back Pension Cuts for City
Workers...
ROMNEY: 'TONIGHT'S RESULTS WILL ECHO BEYOND BORDERS
OF WISCONSIN'...
'PULITZER' NEWSPAPER MOCKS DRUDGE FOR INFORMING
READERS...
MEDIA BLOWS IT...
'Kill Scott Walker': Angry libs flood TWITTER...
WASHPOST: 7-point victory 'close vote'...
Pelosi: Ghosts of past women leaders spoke at White
House meeting...
Stocks rise on hopes of new Fed pumping...
'Very Worried' About EU Banks...
Debt Per American Set to Triple in a Generation to
$147,000...
CLINTON: USA Already in 'Recession,' Extend Bush Tax
Cuts...
WHITE HOUSE: Nope...
BUBBA: 'I didn't have any idea' undermining Obama's
campaign message...
VANITY FAIR: 'HE DOESN'T NEED PEOPLE'... Four
years ago, Barack Obama said he wanted a Lincoln-esque “team of rivals” in his
Cabinet. Thanks to his own temperament, the modern White House, and the 24-hour
news cycle, what the president has created is something that doesn’t look
Lincoln-esque at all. { Come on! Does anyone at this point take anything wobama
the b for b***s*** says, past or present, seriously? He’s total b***s***, end
of story! }
U.S. CANNIBAL UPDATES:
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
CANNIBAL UPDATES: CRUISED MIAMI IN
2010?
US Non-Manufacturing ISM Beats
Modestly As Employment Index Tumbles To Year Lows Zerohedge.com , Ignore the Rumors… Central
Banks Are Pulling Back… Guess What Comes Next? http://albertpeia.com/centralbankspullingbacksoignorerumors.htm , The CBO Will Need A Bigger
Chart To Forecast Exponentially-Rising US Debt , America In Decline: The Soul
Crushing Despair Of Lowered Expectations http://albertpeia.com/americaindeclineandloweredexpectations.htm ,
, Steve Liesman's Modest
Proposal: America Must Bail Out Europe { Riiiiight! What a dumb thing to say … after all, Who’s going to
bail out the US, who’s going to clean up the mess they call US - 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 ) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is utterly
broke. There are signs everywhere one looks…The government’s total indebtedness
is $211 trillion’ … } ,
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
,
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? http://albertpeia.com/endgamecollapse.htm , Biderman: "Everyone Is
Now A Seller Of US Stocks" ZeroHedge.com Submitted by Tyler Durden on 05/31/2012 http://albertpeia.com/everyonenowasellerofusstocks.htm , 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
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm , 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 } America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … Suckers’ 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 5-23-12 { Yes,
Dave; indeed that’s true, timing is everything, certainly in stock market
investing.: http://albertpeia.com/dave.htm }
http://albertpeia.com/americaindeclineandloweredexpectations.htm
6-5-12 ROMNEY: Obama holding onto shares of GOV'T MOTORS to
avoid embarrassment of big losses...
Gov't Down $16B on Bailout...
EXIT POLLS: CLOSE, BUT NO 'RECALL'
WI EXIT POLLS: REMATCH SIMILAR TO ELECTION 2 YEARS
AGO, SOURCES TELL DRUDGE... '5 POINT MARGIN'... DEVELOPING...
White House downplaying...
WASH POST: 'Makeup of voters appears very close to
original 2010 contest'...
VOTER SHOWDOWN: DEMS CRY FOUL...
Hundreds Report 'Photo ID' Issues...
400 Lawyers At The Ready...
Report: '119%' Voter Turnout in Madison...
'Remember Me? I'm the Only Guy Who Gave You Four
Surplus Budgets ( THANKS TO THE PEACE DIVIDEND! PEOPLE MUST GET THAT
REALITY/TRUTH THROUGH THEIR WAR-MONGERING SKULLS! )'...
USA Already in 'Recession,' Extend Bush Tax Cuts...
DICK MORRIS: 'He Does Not Want Obama to Win'...
FREEFALL CONTINUES...
FACEBOOK 'worth a look' -- at $20!
MORGAN STANLEY Lending Shares to Sell Short...
Jackson Browne cools on Obama...
6-4-12 EVEN MAUREEN DOWD BEGINS TO TURN
Debt Has Increased More in Last 15 Months Than First
97 Congresses -- Combined!
Obama Gets 'Left' Behind; Libs Turn...
NYT: Weak Economy Points to Obama's Constraints...
Jon Bon Jovi Gets A Ride On Air Force One...
Hispanic unemployment jumps to 11% in US...
S&P down 10% since April...
Japan's Debt Sustains Deflationary Depression...
FACEBOOK 'will disappear'...
Buyers' remorse for California's 'bullet train to
nowhere'...
War in White House: Holder and Axelrod 'had to be
separated'...
Tokyo Stocks Hit 28-Year Low Amid
Global Rout...
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...
http://www.albertpeia.com/whitesvictimizedbyblacks.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 ...
The
reality is that blacks are an insoluble problem wherever they are. That’s not
going to ever change; not make-shift/make-work jobs; not programs; not anything
tried or to be tried; hence, they must be treated as exactly that – problems –
before a solution can be derived and fashioned. ] [ Send the niggers, including niggerbama back to sub-saharan africa! ]
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 , 1.6 Trillion Dollars More
Debt: Fiscal Conservatives Have Been Raped By The Democrats, The Democratic
Party, as well as The Republican Party http://albertpeia.com/onepointsixtrillionmoredebt.htm
, 10 Things That We Can Learn
About Shortages And Preparation From The Economic Collapse In Greece http://albertpeia.com/10thingswecanlearnpreparefromgreekeconomiccollapse.htm
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 , 6-4-12
Suckers’ rally into the close 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, 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? http://albertpeia.com/endgamecollapse.htm ,
Biderman: "Everyone Is
Now A Seller Of US Stocks" ZeroHedge.com Submitted by Tyler Durden on 05/31/2012 http://albertpeia.com/everyonenowasellerofusstocks.htm , 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
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm , 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 } America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … Suckers’ 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 5-23-12 { Yes,
Dave; indeed that’s true, timing is everything, certainly in stock market
investing. http://albertpeia.com/dave.htm
http://albertpeia.com/21signsbadsummerforglobalfinancialsystem.htm
June 4,
2012 By gpc1981 , http://albertpeia.com/eusystemicrisk.htm
Europe will collapse before the end of
the year and very likely before the end of the summer. When this Crisis hits it
will be worse than 2008. And the world Central Banks will not be able to control
the damage.
What makes this time different?
Several items:
1) The Crisis coming from
Europe will be far, far larger in scope than anything the Fed has dealt with
before.
2) The Fed is now politically
toxic and cannot engage in aggressive monetary policy without experiencing
severe political backlash (this is an election year).
3) The Fed’s resources are
spent to the point that the only thing the Fed could do would be to
announce an ENORMOUS monetary program which would cause a Crisis in of itself.
Let me walk through each of these one at
a time.
Drudgereport: 6-4-12 EVEN MAUREEN DOWD BEGINS TO TURN / CANNIBAL
UPDATES
Debt Has Increased More in Last 15 Months Than First 97
Congresses -- Combined!
Obama Gets 'Left' Behind; Libs Turn...
NYT: Weak Economy Points to Obama's Constraints...
Jon Bon Jovi Gets A Ride On Air Force One...
Hispanic unemployment jumps to 11% in US...
S&P down 10% since April...
Japan's Debt Sustains Deflationary Depression...
FACEBOOK 'will
disappear'...
Buyers' remorse for California's 'bullet train to
nowhere'...
War in White House: Holder and Axelrod 'had to be
separated'...
Tokyo
Stocks Hit 28-Year Low Amid Global Rout...
FUTURES...
Euro Zone Nears Moment of Truth on Staying Together...
SOROS WARNS: 3
MONTHS...
Spain Seeks United Effort on Banks; Pressure Builds on
Merkel...
The week Europe stopped pretending...
Retirement Age '80' After Crisis?
BULLS, BEARS OR BUST?
REPORT: Air Force drone spied on US soil...
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...
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!}
6-1-12 The Bad Jobs Report Is Just A
Very Small Taste Of The Nightmare That Is Coming http://albertpeia.com/badjobsreportsmalltasteofcomingnightmare.htm ‘…The tough stretch that we are
going through right now is only a very small taste of the economic nightmare
that is on the horizon. If you think that things are a
"disaster" right now, just wait until you see what is coming.’ … The
following is from a Zero Hedge summary
of a recent presentation by Raoul Pal....
It
continues:
It
only gets better. We use the term loosely:
So
how soon does Raoul Pal think all of this is going to happen?....From a
timing perspective, I think 2012 and 2013 will usher in the end. You can
find his entire presentation entitled "The End Game" right here. What Raoul Pal is saying lines up
very well with what Steve Quayle's anonymous
international banking source is telling him....There is no
stopping this...We are still on track as I have been predicting for a while now
for a fall/winter collapse of the Eurozone and naked exposure of all derivative
markets the world over. Europeans will go through a major reset, after time
they will recover as Europeans do not carry the type of personal debt that
Americans do. It is for America that I worry. Look for these signs next:
1-
JPM will be bailed out again but it will not stop the coming market crash. More
details will emerge about their derivative swap failure $150 billion and
counting.
2-BOA
(BAC Bank of America) will fold and be absorbed into JPM as a way to prop up
the bleeding Giant. JPM will get the best picking of this deal just like they
got with Bear Stearns.
3-
Massive layoffs at Citigroup and Wells Fargo
4-
Goldman Sachs finally pays the piper, look for massive cuts there as well as
BIG Losses
5-
Bond market bust which leads to freeze of all bond sales
6-
Derivative bust the next one will be BOA followed by Citigroup
7-
All CDS shorts and swaps will freeze.
8-
Total Meltdown …’
"The End Game: 2012 And
2013 Will Usher In The End" - The Scariest Presentation Ever? http://albertpeia.com/endgamecollapse.htm , Dave’s Daily:
http://www.etfdigest.com GLOBAL ECONOMIC DESCENT CONTINUES 6-1-12
‘We could start by noting Chinese Manufacturing Growth fell to 50.4 vs 53.3
previously. Of course, that’s not impressive. The star of the show was the U.S.
The nonfarm payroll data (aka unemployment report) laid an egg. Pundits forecasted
growth of 150K jobs but less than half that (69K) was reported and the
unemployment rate rose to 8.2%. And, this with so many falling off the
employment rolls. Net downward revisions for March and April were 49K. The
labor participation rate is low and means there are over 5.34 million people
not be accounted for in the official unemployment rate, in other words counted
as employed or unemployed, many who probably need a job and can't find
one.That's in addition to the official 12.72 million unemployed. http://albertpeia.com/laborparticipationratechartfromdave.jpg
Sorry Folks, QE 3 Ain’t
Coming… Even the Fed Doves Admit It
http://albertpeia.com/contraindicatedqe3aintcoming.htm , The UN Wants Complete Control
Over The Internet And That Would Mean Unprecedented Censorship, Taxes And
Surveillance http://albertpeia.com/unwantscontrolofinternetforcensorshiptaxessurveillance.htm
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 , 6-1-12
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? http://albertpeia.com/endgamecollapse.htm ,
Biderman: "Everyone Is
Now A Seller Of US Stocks" ZeroHedge.com Submitted by Tyler Durden on 05/31/2012 http://albertpeia.com/everyonenowasellerofusstocks.htm , 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
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm , 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 } America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ …
http://albertpeia.com/badjobsreportsmalltasteofcomingnightmare.htm
http://albertpeia.com/unwantscontrolofinternetforcensorshiptaxessurveillance.htm
Drudgereport: U.S. Cannibal Update/MAY MESS: UNEMPLOYMENT GOES UP...
STOCKS COLLAPSE...
Weak US Job Growth Threatens World Economy...
This Summer 'Eerie Echo' of Pre-Lehman...
HELL DAY
Obama has big plans for when Republican 'fever' breaks...
HAS OUTSPENT PAST FIVE PRESIDENTS...
Bill Clinton: Romney's Business Record 'Sterling'...
Top Italy banker says risk of euro breakup growing...
{ U.S. Cannibal
Update }: Maryland cannibal
ranted on FACEBOOK...
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'...
Trayvon Martin's autopsy shows he had marijuana in his system
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
]
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.
The
reality is that blacks are an insoluble problem wherever they are. That’s not
going to ever change; not make-shift/make-work jobs; not programs; not anything
tried or to be tried; hence, they must be treated as exactly that – problems –
before a solution can be derived and fashioned. ] [ Send the niggers, including niggerbama back to sub-saharan africa! ]
Biderman: "Everyone Is
Now A Seller Of US Stocks" ZeroHedge.com Submitted
by Tyler Durden on 05/31/2012
http://albertpeia.com/everyonenowasellerofusstocks.htm ‘Focusing on his supply-demand
perspective of what drives stock prices and the heavy volume of corporate
selling combined with mutual fund outflows that we have been so vociferous
about, Charles Biderman of TrimTabs provides color on why, just like in 2010
and 2011, markets sold off in May. Whether you believe it is explicitly the
angst-inspiring European malaise, Facebook's flop, or US macro deterioration and
a pending fiscal cliff - the real driver is more shares chasing less
cash as he puts it and reflexively the news exaggerates it or stalls
it. Stock prices are likely to keep dropping, no matter what,
until the Fed announces the next stimulus/easing (as we all know) but
unfortunately this will have no impact on the real economy (though stocks will
pop). Biderman berates the Fed for its constant insistence that this
time is different and as far as the election 'our policies will
bring about sustainable recovery and jobs' promises we will hear from both
candidates, he succinctly summarizes thus: "What Bullsh**! Where
we are now as a world is: it's ok for government to lie for their own
benefit". , 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
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm , Busting The "Core"
European Myth , Market Fails To Zucker In
Gullible Traders With End Of Day Stop Hunt , Guest Post: Facebook & the
Bubble Mentality So Facebook keeps falling, and is now floating
around the $27 mark. We’re a third of the way down to my IPO valuation
of FB as worth roughly $2-4 a share (or 5-10 times earnings), although I
wouldn’t be surprised for the market to stabilise at a higher price (at least
until the next earnings figures come out and reveal — shock horror —
that Facebook is terrible at making money). The really stunning thing is
that even after all these falls, FB is still trading at 86 times earnings. What
the hell did Morgan Stanley think they were doing valuing an IPO without any
viable profit model at over 100 times earnings? The answer is that this was an
exit strategy. This IPO was about the people who got in early passing on a
stick of dynamite to a greater fool which incidentally is precisely the same
bubble mentality business model as bond investors who are currently buying
negative-real-yielding treasuries at 1.6% hoping to pass them onto a greater
fool at 0.5% (good luck with that). , Goldman Slashes Treasury Yield
Forecasts If it appears like
it was only yesterday that Goldman was advising clients to short the 10 Year
Treasury, it is because it was... give or take a few months: From January:
"Since the end of last August, we have argued that 10-yr US Treasury
yields would not be able to sustain levels much below 2% in this cycle. Yields
have traded in a tight range around an average 2% since September, including so
far into 2012. We are now of the view that a break to the upside, to
2.25-2.50%, is likely and recommend going tactically short. Using
Mar-12 futures contracts, which closed on Friday at 130-08, we would aim for a
target of 126-00 and stops on a close above 132-00." We added the
following: "As a reminder, don't do what Goldman says, do what it
does, especially when one looks the firm's Top 6 trades for 2012, of
which 5 are losing money, and 2 have been stopped out less than a month into
the year." Sure enough, as we tabulated last night, those who had listened
to this call, and also gone long stocks as Goldman urged on March 21, have lost nearly 30% in about
2 months. Those who listened to us and did the opposite, well,
didn't. Which is why the just released note from the very same Garzarelli who 4
months ago was so gung ho on shorting bonds, just cut his bond yield forecast
for the entire world, US Treasurys included: "We now see 10-year
US Treasuries ending this year at 2.00% (from 2.50% previously, and 30bp above
current forwards), rising to 2.50% (previously 3.25%, and 60bp above the
forwards) by December 2013. The corresponding numbers for German Bunds
are 1.75% and 2.25%." In other words, it is now that Doug
Kass should have made his short bonds call: not when he did it, a month ago and
got his face bathsalted right off. For those asking - yes: Goldman is now
selling bonds to clients. , Santelli On Capital Flight And
Bond Contagion
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
Biderman: "Everyone Is
Now A Seller Of US Stocks" ZeroHedge.com Submitted
by Tyler Durden on 05/31/2012
http://albertpeia.com/everyonenowasellerofusstocks.htm ‘Focusing on his supply-demand
perspective of what drives stock prices and the heavy volume of corporate
selling combined with mutual fund outflows that we have been so vociferous
about, Charles Biderman of TrimTabs provides color on why, just like in 2010
and 2011, markets sold off in May. Whether you believe it is explicitly the
angst-inspiring European malaise, Facebook's flop, or US macro deterioration
and a pending fiscal cliff - the real driver is more shares chasing
less cash as he puts it and reflexively the news exaggerates it or
stalls it. Stock prices are likely to keep dropping, no matter
what, until the Fed announces the next stimulus/easing (as we all know) but
unfortunately this will have no impact on the real economy (though stocks will
pop). Biderman berates the Fed for its constant insistence that this
time is different and as far as the election 'our policies will
bring about sustainable recovery and jobs' promises we will hear from both
candidates, he succinctly summarizes thus: "What Bullsh**! Where
we are now as a world is: it's ok for government to lie for their own
benefit". , 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
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm
Student Debt Bubble
Delinquencies Surge , The Inexplicable American
Consumer Hits A Wall , Spain Just Gave Us a Glimpse
Into the True State of the EU Banking System Posted by: Phoenix Capital... Post date: 05/31/2012 This is the state of affairs in Europe: bankrupt
nations trying to bailout bankrupt banks or looking for bailouts from funds
that are backed by other bankrupt nations.What could go wrong? http://albertpeia.com/truestateofeubankingsystem.htm , Bonds Now Beating Stocks Year-to-Date , Spanish CDS Over 600bps Sends
S&P Under 1300 , Market Shocked By Recessionary
PMI Print, Gold Pummeled, Apple Slides, FaceBerging Continues , US initial jobless claims +13k
to 383k for the week ended 26-May, above expectations of 369k, vs upward
revised 373k in the previous week. , Chicago PMI Plunges To 52.7,
Lowest Print Since September 2009
, First Q1 GDP Revision In Line
With Expectations; Initial Claims Spike , Bill Gross: The Global
Monetary System Is Reaching Its Breaking Point , Dave’s Daily:
http://www.etfdigest.com MARKETS PREPARE FOR 2010 & 2011 REPRISE 5-31-12 http://albertpeia.com/dave.htm
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 , Biderman: "Everyone Is
Now A Seller Of US Stocks" ZeroHedge.com Submitted by Tyler Durden on 05/31/2012 http://albertpeia.com/everyonenowasellerofusstocks.htm , 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
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm , 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 } America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … Suckers’ 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 5-23-12 { Yes,
Dave; indeed that’s true, timing is everything, certainly in stock market
investing... http://albertpeia.com/dave.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 ZeroHedge.com Durden , 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 , 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 ,
No Housing Recovery Until 2020
In 5 Simple Charts
http://albertpeia.com/nohousingrecoveryuntil2020in5charts.htm
Durden ,
The Mother Of All
Infographics: Visualizing America's Derivatives Universe http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm
, Fasten Your Seatbelts: High
Frequency Trading Is Coming To The Treasury Market [ http://albertpeia.com/highfrequencytradingcomingtotreasuries.htm
, 22 Signs That The Collapsing
Spanish Economy Is Heading Into A Great Depression http://albertpeia.com/22signsspainheadingintogreatdepression.htm
, The Secrets of the Spanish
Banking System That 99% of Analysts Fail to Grasp http://spainbanksystemsecrets.htm , What Do California And Detroit
Have In Common? http://albertpeia.com/californiadetroitdeclineincommon.htm
http://albertpeia.com/18examplesofnannystategonewild.htm
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm
Wobama’s Choom
Gang Bangin’/Cannibal update
http://www.albertpeia.com/wobamaschoomgangbangin.wmv
5-31-12 Geithner warns Spain...
TIME BOMB: Banks
Pressured To Buy Up Government Debt...
UPDATE: China and Japan to begin direct currency
trading...
Stocks Post Worst
May Since 2010...
Anxious June...
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'...
Trayvon
Martin's autopsy shows he had marijuana in his system
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
]
Dave’s Daily:
http://www.etfdigest.com
VOLATILITY INCREASES WITH EUROZONE RISK 5-30-12
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 familiar end of month window dressing
rally based on fraud and b***s*** alone so great opportunity to sell/take
profits since there’s much worse to come! Dave’s
Daily: http://www.etfdigest.com 5-29-12 MARKETS RISE ON STIMULUS HOPES ‘…The worse the news
becomes, the more bulls are betting on another round of QE from the Fed and
other central banks. It’s the drug of choice even if the results aren’t long
lasting and remain 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 } America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … Suckers’ 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 5-23-12 { 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! http://albertpeia.com/dave.htm
}
http://albertpeia.com/taxesyoupaytheirway.htm
{As I’ve previously said, President
Romney would be less than rational to tell his tax advisors ‘to take a dive’
when it comes to his financial planning. Importantly, it should be noted that
up to now, President Romney has not been part of the federal system (unlike
obama, kerry, etc.) that sets federal tax policy / laws.}
Europe Is About to Implode...
Are You Ready? Phoenix Capital... We're
talking about a banking system that is nearly four times that of the US ($46
trillion vs. $12 trillion) with at least twice the amount of leverage (26 to 1
for the EU vs. 13 to 1 for the US...
‘(Summers: )I've warned
time and again that the EU would collapse in May-June. That collapse is here
right on schedule. And NO ONE will be able to stop it.
Here's why:
1) According to the IMF, European banks as a whole
are leveraged at 26 to 1 (this data point is based on reported loans... the
real leverage levels are much, much higher.) These are a Lehman Brothers
leverage levels.
2) The European Banking system is over $46 trillion
in size (nearly 3X total EU GDP).
3) The European Central Bank's (ECB) balance sheet is
now nearly $4 trillion in size (larger than Germany's economy and roughly 1/3
the size of the ENTIRE EU's GDP). Aside from the inflationary and systemic
risks this poses (the ECB is now leveraged at over 36 to 1).
4) Over a quarter of the ECB's balance sheet is
PIIGS' debt which the ECB will dump any and all losses from onto national
Central Banks (read: Germany)
So we're talking about a banking system that is
nearly four times that of the US ($46 trillion vs. $12 trillion) with at least
twice the amount of leverage
Drudgereport: Investors flee Spain as financial crisis spirals...
'Total emergency'...
France to cap top pay...
French irked by EU use of English...
MOODY'S downgrades Danish banks...
MORGAN STANLEY CEO defends FACEBOOK IPO conduct...
Bilderberg Launches Unprecedented Security Crackdown...
Talk of machine guns & surveillance spooks hotel
guests...
Rockefellers and Rothschilds unite...
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'...
When The Derivatives Market
Crashes (And It Will) U.S. Taxpayers Will Be On The Hook http://albertpeia.com/derivativesmarketcrashtaxpayerbailout.htm
, 20 Signs That Society Is
Beaking Down And That America Has Been Overrun By Psychos , http://albertpeia.com/20signsamericaoverrunbypsychos.htm , Are The Europeans About To
Start The Second Half Of Our Great Depression? ZeroHedge.com Submitted by Tyler Durden on
05/26/2012 , Guest Post: War Pigs - The
Fall Of A Global Empire General Douglas MacArthur understood this
danger to our liberty. “I am concerned for the security of our great
Nation; not so much because of any threat from without, but because of the
insidious forces working from within.” , Guest Post: U.S.A. 2012: Is
This What We've Become?
, If Greece Was California... 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
The
notion of a “nuclear weapons capability” seems like a dangerously low standard.
Let us not forget that Mossad, the CIA and the IAEA agree that Iran does
not have a bomb, is not building one, has no plans to build one.
Forget the Upcoming Elections…
Greece Has Already Proved the Great “Bailout Lie” May 29, 2012 By gpc1981 http://albertpeia.com/alreadygreatgreekbailoutlie.htm
http://albertpeia.com/25signssmartmoneywriteoffsoeu.htm
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 , 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 } America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … Suckers’ 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 5-23-12 { 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
Submitted by Tyler Durden on 05/26/2012
“I am
concerned for the security of our great Nation; not so much because of any
threat from without, but because of the insidious forces working from within.”
http://albertpeia.com/derivativesmarketcrashtaxpayerbailout.htm
5-29-12 FACEBOOK FREEFALL CONTINUES...
Stock sinks below $29...
'Worst IPO in decade'...
SHOCK REPORT: 40% of social media accounts ARE SPAMMERS...
Biggest Greek bank warns of dire euro exit fallout...
Romney Campaign Hits Obama On SOLYNDRA...
Carney Struggles With SOLYNDRA Questions...
Holder to brief black pastors on campaigning for Obama...
'BATH SALTS' TRIGGERED BLACK SOUTH BEACH CANNIBAL
NASA to future moon explorers: Don't wreck our fake Apollo
landing sites fiction...
'Biggest collapse of law firm in U.S. history' as DEWEY
& LEBOEUF goes under...
Warning signs for Obama on path to electoral votes...
LLOYD'S OF LONDON preparing for euro collapse...
Switzerland draws up action plan...
Greece says public finances face collapse...
GOOGLE GRABS SECRETS OF PRIVATE LIVES...
Emails, texts, photos, documents taken from wi-fi
networks...
Deliberately stole information but 'covered it up'...
Miami Police Shoot Naked Man -- Eating Face Of Other Naked
Man...
'Like a rabid dog'...
'Tearing him to pieces with mouth'...
ILLEGAL KIDNEY TRADE BOOMS AS NEW ORGAN 'SOLD EVERY
HOUR'...
'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'...
Marc Faber Sees 100%
Probability Of Global Recession In 2013 ZeroHedge.com Tyler Durden 5/25/12 From around
two minutes into this CNBC clip, Marc Faber brings the conversation back into
sharp focus. Noting that "whenever everybody focuses on just one
thing - Greece and Europe in this case - there are other things that are far
more important - such as a meaningful slowdown in India and China - going on
that are being ignored". But remaining on the topic of Europe,
Faber consistently opines that the next event risk will be the Greek exit -
even though Faber suspects strongly that Germany will cave to Eurobonds
eventually - as he comments that the longer the delay of a
restructuring/default/exit/euro-bonds takes the higher the probability of a gigantic
systemic failure. This subject brings up (at around 3:30) an interesting
perspective that the European market would be oddly relieved (not plunging 50%)
if Greek exited the Euro as there would be some clarity (though Faber adds that
bank and insurance stocks would likely be crushed). At five minutes in though, Faber
ramps up the rhetoric noting that while stock indices are not
performing terribly, there are many economically sensitive (and luxury)
stocks that are down very significantly - which suggests to him that
the huge asset price run of the last decades in come to an end prompting the
question of the day from CNBC's Cramer-stand-in "You're not looking for a
recession in the US are you?" Faber, in his calm, thoughtful way responds,
"I think we will have a global recession late this year, early
next year", to which a stunned Wapner asks for odds (surely 30%, 50%?) of
this recession - "100% certainty" comes the reply to leave
Wapner throwing in the towel on any positive spin as Faber suggests the only
'investment' in this case is 'Cash USD' and investors must own some gold , Guest Post: The Taxpayer
Funded PR Campaign For Obamacare Begins , Niall Ferguson: "Greece
Is The Symptom Not The Cause"
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 , Dave’s
Daily: http://www.etfdigest.com ALGOS FEAST ON RUMORS
5-24-12 ‘The overall news continues to be dreadful. In China the PMI
slumped again to 48.7 vs 49.3 in April. China says it will be aggressive with
stimulus no doubt meaning QE. In the eurozone manufacturing and services fell
to 45.9 vs 46.7 in April. It looks like recession for some economies.Meanwhile
in the U.S., Jobless Claims (370K vs 371 exp & prior 372) were
unremarkable. Durable Goods Orders (.2 vs .5 expected & prior -3.7) missed
expectations and were also unremarkable.U.S. markets are now dominated by HFTs
and algos seizing on bullish rumors. Just as Wednesday’s farce was led by
rumors of eurozone deposit insurance (denied) and a rumored agreement between
Hollande and another unnamed leader of more QE stimulus so Thursday’s declines
were mitigated by the very same rumors. All this triggers program trading from
algos…’ 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 } America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … Suckers’ 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 5-23-12 { 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!
Submitted by Tyler Durden on 05/25/2012
While eugenicists and Keynesians make correct
descriptive observations — like the fact that certain qualities and traits are
inheritable, or more simply that children are like their parents — their
attempts to use the state as a mechanism to control these natural systems often
turns out to be drastically worse than the natural systems that they seek to
replace. As Keynes seems to admit when — in the German language
edition of his General Theory — he noted that the conditions
of a totalitarian state may be more amenable to his economic theory, the desire
for control may be the real story here. Keynesianism brings more of the economy
under the control of the state. It is a slow and creeping descent into
dependency on the state. As we are seeing in Europe today, cuts in state
spending in a state-dependent economy can cause deep economic contraction,
providing the Keynesian more confirmation for his idea that the state should
tax more, and spend more. That is, until nature intervenes. Just as a
state-controlled eugenics program might well spawn an inbred elite suffering
hereditary illnesses as a result of a lack of genetic diversity, so a
state-controlled economy may well grind itself into the dirt as it runs out of
innovation as a result of a lack of economic diversity. Such a
situation is unsustainable — no planner is smarter than nature.
http://albertpeia.com/usmultilingual.htm
‘The
quickest way to divide people is to have them speak different languages.
America has always been a nation of immigrants, but one of the things that has
always united us as a nation has been the English language. In the past,
it was always understood that if you wanted to thrive in the "land of
opportunity" that you had better learn English and learn it well.
Unfortunately, times have changed. Today, many radical activist groups
are actually referring to the English language as a "tool of
oppression" and are demanding that special accommodations be made for
those that do not wish to learn the English language. But what languages
are we supposed to accommodate? Overall, there are 325 different languages spoken at home in
the United States today. So which of those languages should receive
special treatment? How far are we really going to take all of this?
Someday, instead of your telephone telling you to "press 1 for English, 2
for Spanish", it may tell you to "press 323 for Italian, 324 for
Arabic or 325 for English". Yes, that is kind of a ridiculous
example, but we really should examine where all of this is headed. Is
America destined to become a multilingual nation where we all struggle to
understand one another?
Drudgereport: 5-25-12 Plans for emergency immigration controls if euro
collapses...
Spanish bank asks for biggest bailout in country's
history...
Fear Seen in Money Transfers...
Faber: Chance of Global Recession Now 100%...
ZUCKED UP: CITI LOSES MILLIONS
IPO Seen Deepening Investor Distrust of Stocks...
SEC eyes Nasdaq...
Obama Pot-Smoking 'Choom Gang'...
Thanked drug dealer, not mom, in high-school
yearbook...
Twice in 2 Days Mentions 'My Sons' -- even with
Teleprompter...
340-pound woman punches, pepper-sprays, spits on
PIGGLY WIGGLY workers in bid to steal food...
5-24-12 REAL DEFICIT LAST YEAR: $5 TRILLION...
REPORT: Senate Dems pay female staffers less than male
staffers...
HALF OF DETROIT STREETLIGHTS MAY BE TURNED OFF
ZUCKER BORN EVER MINUTE:
FIDELITY facing 'thousands' hit by
FACEBOOK woes...
Big European funds dump euro assets...
Investors Running Out of Safe Havens to Put Money?
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 ..
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'...
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 ‘…taken
three minutes after he shot and killed Martin.
The photo gives 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...
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 ...
Tyson on
Zimmerman: 'It's a disgrace that man hasn't been shot yet' (Mike Tyson vs. Robin
Givens: … biggest fight | Ebony ... 8 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)
Dave’s Daily:
http://www.etfdigest.com
ALGOS FEAST ON RUMORS May 24, 2012
http://albertpeia.com/dave.htm ‘The overall news continues to be
dreadful. In China the PMI slumped again to 48.7 vs 49.3 in April. China says
it will be aggressive with stimulus no doubt meaning QE. In the eurozone
manufacturing and services fell to 45.9 vs 46.7 in April. It looks like
recession for some economies.Meanwhile in the U.S., Jobless Claims (370K vs 371
exp & prior 372) were unremarkable. Durable Goods Orders (.2 vs .5 expected
& prior -3.7) missed expectations and were also unremarkable.U.S. markets
are now dominated by HFTs and algos seizing on bullish rumors. Just as
Wednesday’s farce was led by rumors of eurozone deposit insurance (denied) and
a rumored agreement between Hollande and another unnamed leader of more QE
stimulus so Thursday’s declines were mitigated by the very same rumors. All
this triggers program trading from algos, and for retail, is just another
turn-off.Gold (GLD) higher early gave back most gains late in the day. Oil
(USO) was slightly higher on more Iranian (them again) news. The dollar (UUP)
was once again higher and normally would see stocks head lower.But, in a rumor
algo driven environment logic quickly becomes a thing of the past since there’s
quick bucks to be made.Which path are we on as described below? Okay, I rest my case.Stocks again reversed
course late in the day as the same rumors of eurozone solutions triggered algo
buying action. Leading sectors were scattered frankly and we’ll view a few
below.Volume was lighter Thursday and you can readily see algo activity in the
5 minute SPY chart below. Breadth per the WSJ was mixed…’
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 , Dave’s
Daily: http://www.etfdigest.com ALGOS FEAST ON RUMORS
5-24-12 ‘The overall news continues to be dreadful. In China the PMI
slumped again to 48.7 vs 49.3 in April. China says it will be aggressive with
stimulus no doubt meaning QE. In the eurozone manufacturing and services fell
to 45.9 vs 46.7 in April. It looks like recession for some economies.Meanwhile
in the U.S., Jobless Claims (370K vs 371 exp & prior 372) were unremarkable.
Durable Goods Orders (.2 vs .5 expected & prior -3.7) missed expectations
and were also unremarkable.U.S. markets are now dominated by HFTs and algos
seizing on bullish rumors. Just as Wednesday’s farce was led by rumors of
eurozone deposit insurance (denied) and a rumored agreement between Hollande
and another unnamed leader of more QE stimulus so Thursday’s declines were
mitigated by the very same rumors. All this triggers program trading from
algos…’ 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 } America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … Suckers’ 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 5-23-12 { 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!
{ Related: 34 Shocking Facts About U.S.
Debt That Should Set America On Fire With Anger http://theeconomiccollapseblog.com http://albertpeia.com/34shockingfactsofusdebt.htm ‘We have all been
lied to. For decades, the leaders of both major political parties have
promised us that they can fix our current system and that they can get our
national debt under control. As the 2012 election approaches, they are
making all kinds of wild promises once again. Well you know what?
It is all a giant sham. The United States has gotten into so much debt
that there will be no coming back from this. The current system is
irretrievably broken…#32 Professor Laurence J. Kotlikoff, the U.S. is facing a
"fiscal gap" of over 200 trillion dollars in the future. The
following is a brief excerpt from a recent article that he did for CNN...The government's total indebtedness
-- its fiscal gap -- now stands at $211 trillion, by my arithmetic. The fiscal
gap is the difference, measured in present value, between all projected future
spending obligations -- including our huge defense expenditures and massive
entitlement programs, as well as making interest and principal payments on the
official debt -- and all projected future taxes…#33 If you add up all forms of
debt in the United States (government, business and consumer), it comes to more
than 56 trillion dollars. That is more than $683,000
per family…}
http://albertpeia.com/usacommunistchinacolony.htm
{
A sure sign that the communist Chinese have lost their edge; I mean, rationally
speaking, who’d want to? }
[
Related: 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
]
http://albertpeia.com/biguscitiescesspoolsoffilthdecaywretchedness.htm
Drudgereport: 5-24-12 Flash Mob of 40 Blacks Storm 7-ELEVEN over Free
Slurpee Promotion, Beat Manager, Raid Shelves...
REAL DEFICIT LAST YEAR: $5 TRILLION...
REPORT: Senate Dems pay female staffers less than male
staffers...
HALF OF DETROIT STREETLIGHTS MAY BE TURNED OFF
NIELSEN: DRUDGE READERS MOST EDUCATED...
Flash Mob of 40 Blacks 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…’ ]
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...
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. ] '
·
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.
The reality is that blacks
are an insoluble problem wherever they are. That’s not going to ever change;
not make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the
niggers, including niggerbama back to sub-saharan africa! ]
Eurobonds: The Issue That
Could Shatter Europe http://albertpeia.com/eushatteringeubonds.htm
‘...In fact, it is being estimated that Germany could be
facing an extra 50 billion euros a year in interest
expenses. So over ten years that would come to about 500 billion
euros. Needless to say, Germany is not thrilled about this idea…’ { Understandably
so! Rationally speaking, would you be thrilled if in their place?} , Greece Could Implode the
Second Bailout and the EU by Mid-June http://albertpeia.com/greecesecondbailouteuimplosion.htm
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 , Dave
Fry/Dave’s Daily: Timing is Everything vs. Seductive Hype 5-23-12 { 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! 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…’ I’ve included
this link for Bidermann’s summary from Dave’s Daily: http://albertpeia.com/dave.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 ZeroHedge.com Durden , 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
http://albertpeia.com/eushatteringeubonds.htm
May 23,
2012 By gpc1981 http://albertpeia.com/greecesecondbailouteuimplosion.htm
Drudgereport: 5-23-12 GOOGLE chairman: 'We face fight for future of web'...
‘One of
Google’s most senior executives issued a stark warning tonight that the power
of the internet to free some of the world’s most oppressed people risks being
overturned by autocratic governments who seek to “Balkanise” the web by
controlling what can be accessed…dictatorial
regimes were increasingly looking to control who has access to the web by
“filtering information they fear or prohibit.”…’
UPDATE: Eurozone looks at Greek exit as leaders
meet...
Germans ready to boot Greece out...
Russia tests new missile, in warning over U.S.
shield...
BBC: 'Barcode Everyone at Birth' with 'implanted
chips'...
Bilderberg Pushes Mandatory Internet ID for Europe...
Bars using new app and hidden cameras to scan
customers' faces...
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!
The EU Political Game of
Growth Vs. Austerity is Akin to Polishing the Brass on the Titanic May 22, 2012 By gpc1981 http://albertpeia.com/eusstitanic.htm , Facebook’s
‘falling knife’ shares drop again Market Watch , Dave’s Daily:
http://www.etfdigest.com
STOCK INVESTORS LACK CONVICTION { Shades of the dot.com bubble/fraud of
yesteryear, facebook’s already being referred to as a debacle, ie., infra,
‘Facebook (FB) debacle remains fixed in the minds of many investors which only
made Monday’s rally weirder. (FB) fell another 9% Tuesday making the total
decline from the IPO 18%. Like I stated yesterday, there will be books and case
studies written about this issue.’ The frauds on wall street still scammin’ and
jammin’. } 5-22-12 ‘European stocks
rallied early on news that the EU ministers are going for growth vs austerity.
China had already chimed-in that it was going to do the same which provided a
spark.Supposedly there’s a rumor and story going around
that Greece is being supported by a secret ECB lending facility ELA (Emergency
Liquidity Assistance) of €100 billion. This signals more trouble than the rosy
Kumbaya comments announced at the G-8 meeting. Further, late day news indicated
more EFSF (European Financial Stability Facility) rescue funds for Greek banks:
Chart below courtesy of Zero Hedge: http://albertpeia.com/geuexitprep.jpg ,
Facebook IPO:
CIA and Goldman Sachs Take the Suckers for a Stroll Kurt
Nimmo | Stasibook takes on a side project — to enrich insiders while
taking the outsiders to the cleaners
The Facebook Maginot Histogram
- Here Is How Morgan Stanley Just Gave Up Update: well,
our feeling was correct:
MASSACHUSETTS SUBPOENAS MORGAN
STANLEY OVER FACEBOOK
MASSACHUSETTS SEEKS MS COMMENTS TO INSTUTIONAL INVESTORS ON FB
MASSACHUSETTS SUBPOENAS MORGAN STANLEY OVER FACEBOOK COMMENTS
The EU Political Game of
Growth Vs. Austerity is Akin to Polishing the Brass on the Titanic May 22, 2012 By gpc1981 http://albertpeia.com/eusstitanic.htm
Drudgereport: 5-22-12 ZUCKED!
NASDAQ WOULD HAVE
PULLED STOCK....
THE $40 BILLION VANISH...
MORGAN STANLEY
Under Review...
Massachusetts subpoenas...
Selloff Nearly
Turned Into Bigger Run...
Stock Loses 18% of value...
Investor Sues...
'The insiders got greedy'...
'They knew the jig was up'...
Zuckerberg sell shares...
FRIENDS: OBAMA
TOUTED FACEBOOK IN 'CAMPAIGN' TOWN HALL...
DOOM: FACEBOOK could destroy economy?
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…’
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.
The
reality is that blacks are an insoluble problem wherever they are. That’s not
going to ever change; not make-shift/make-work jobs; not programs; not anything
tried or to be tried; hence, they must be treated as exactly that – problems –
before a solution can be derived and fashioned. ] [ Send
the niggers, including niggerbama back to sub-saharan africa! ]
Obama's Five Trillion Dollar
Lie http://albertpeia.com/obamas5trilliondollarlie.htm { I disagree to the extent that this economic
scenario is posited as anything but presently 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…’ }
, Neither the Fed Nor the ECB
Will Be Able to Stop What’s Coming
http://albertpeia.com/fedecbcantstopcomingcrash.htm , Jim Cramer Is Predicting Bank
Runs In Spain And Italy And Financial Anarchy Throughout Europe http://albertpeia.com/bankrunsspainitalyeuropeanarchy.htm { The one ‘glass half-full’ thing that’s
going for them is that perma-bull Cramer is so wrong, so often, in very big ways;
yet, realistically one must admit that if cramer’s saying so, it’s many times
worse!
Jim Cramer Is Predicting Bank
Runs In Spain And Italy And Financial Anarchy Throughout Europe http://albertpeia.com/bankrunsspainitalyeuropeanarchy.htm { The one ‘glass half-full’ thing that’s
going for them is that perma-bull Cramer is so wrong, so often, in very big
ways; yet, realistically one must admit that if cramer’s saying so, it’s many
times worse! }
Neither the Fed Nor the ECB
Will Be Able to Stop What’s Coming
http://albertpeia.com/fedecbcantstopcomingcrash.htm
http://albertpeia.com/targetinguscitizens.htm
http://albertpeia.com/top50excusesfornotprepping.htm
Gross / PIMCO On Facebook:
"I Know A Bubble When I See One"
The Facebook IPO: The Last
Great Wall Street Party http://albertpeia.com/lastwallstreetparty.htm ,
‘Jersey Boy Bruce’, Stalwart Wobama Supporter, Will He Change the Words
to: ‘Wasn’t Born in the U.S.A.’,‘Wasn’t Born in the U.S.A.’ http://albertpeia.com/wasntbornintheusa.htm Say it isn’t so ,‘Jersey Boy Brucie’! http://albertpeia.com/obp.jpg Sing it Brucie: Not born in the usa, Not
born in the usa, O’s not born in the usa, O wasn’t born in the usa! , http://albertpeia.com/impeachobama.htm
Biderman On Malinvestment And
Diminishing Returns From Intervention Charles Biderman of TrimTabs discusses the reality of the macro
environment with Madeline Schnapp - though do not worry as the sense of sarcasm
and disbelief at the government's actions and hopes is palpable. Noting that
our economy is at best growing 'sluggishly' based off her real-time macro
data, Biderman's right hand goes on to explain to him that inflation is
running hotter than the government would like us to believe. More importantly,
she hits the nail on the head with regard to what Biderman notes is the wasted
stimulus money, saying that the economy needs to clear the malinvestments, not
sustain them through stimulus transmission mechanisms, in order for growth to
once again re-appear. Historically QE2 did manage to create some inventory
restocking and pick up in wages/salaries in Q1 2011 but Operation Twist appears
to have little to no impact on the real economy (outside of government
statistical modelers) - which as we have said before indicates the diminishing returns to
government intervention. What is clear is that, as we have noted,
that post the 1971 modified gold standard, over a long-period of time it has
taken an 'unsustainably' increasing amount of government debt to create
economic growth - with the post-2008 insanity that we need $2.50 to create $1
of economic growth. The two end with a discussion of the debt ceiling and
deficit potential for a black swan event.
As The Chinese Car
"Channel Stuffing" Bubble Pops, "Debilitating Price Cuts"
Arrive The fact that GM's
"stunning" car sales have been in no small part driven exclusively by
its eagerness to stuff dealers with unsold inventory, aka channel
stuffing, is well known to Zero Hedge readers - we have been covering the subject for
over a year now. What we did not know, yet what in retrospect is so glaringly
obvious, is that the GM ploy of fooling the dumbest sellside analysts and
investors all the time has now gone global.
Aaron Dykes | Publicist says “fact checking” not
correspondence with Obama to blame, as apology is rushed out
Infowars | Over 16
Years, Obama’s Literary Agency Circulated Official Biography Listing Birthplace
as Kenya, Suddenly Changing it to Hawaii in 2007 Ahead of Bid for Highest
Office
Infowars | Obama’s
own authorized biography while president of the Harvard Law Review says he was
“born in Kenya.”
Paul
Joseph Watson | Establishment media pulls stunt in effort to
diffuse ‘birther’ controversy.
Establishment media pulls stunt in effort to diffuse
‘birther’ controversy
Paul
Joseph Watson Infowars.com Friday, May 18, 2012
The establishment media hastily seized on yesterday’s
explosive story about a literary publication listing Barack Obama’s birthplace
as Kenya in an effort to claim that the 1991 brochure was the “origin” of the
entire ‘birther’ issue. In reality, evidence that Obama was born in the African
country is abundant.
A literary agent’s promotional text for a 1991
brochure released yesterday by
Breitbart.com states Obama was “born in Kenya and raised in
Indonesia and Hawaii.”
Yahoo News, along
with a deluge of other mainstream news outlets, responded by reporting that the
document was potentially the “source” of the birther controversy and had merely
been a mistake.
The literary agent who wrote the description, Miriam
Goderich, now works with Dystel & Goderich agency, which lists Obama as one of its clients. Unsurprising
therefore that Goderich hastily claimed listing Obama’s birthplace as Kenya was
“nothing more than a fact checking error.”
However, evidence to indicate that Obama war born in
Kenya is plentiful and it goes significantly beyond the 1991 version of the
brochure.
- Despite claiming the passage about Obama’s
birthplace being Kenya was a mistake, the listing still maintained that Obama’s
birthplace was Kenya until after Obama became a U.S. Senator. “Goderich’s
statement fails to explain why the “fact checking error” persisted for sixteen
years, through at least three different versions of Jane Dystel’s website, and
through at least four different versions of Obama’s biography,” reports Breitbart.com.
- The literary agency also updated the text in June 1998,
but the part about Obama being born in Kenya was retained.
- The text was again updated in February 2005 to
reflect the fact that Obama had become a Senator, but Kenya was still listed as
his birthplace.
- After an April 2007 modification of the text, the
passage still read Obama, “was born in Kenya.”
- As Steve Boman reveals,
the Dystel & Goderich agency asks its clients to submit their own
biography, meaning it’s virtually impossible the listing of Obama’s birthplace
as Kenya could have been a “fact checking error” on behalf of the literary
company itself.
- During a speech about HIV, First Lady Michelle
Obama said she and Barack Obama “visited his home country of Kenya.” Watch the
clip below.
- In 2008, Obama’s paternal step grandmother appeared to indicate
publicly that Barack Obama was born in Kenya. In an interview
conducted by American Christian minister Ron McRae, Sarah Obama was asked,
‘Were you present when your grandson was born in Kenya?’” McRae testified in
his sworn statement. “This was asked to her in translation twice, and both
times she replied, “Yes! Yes she was! She was present when Obama was born.”
- Another source who met Sarah Obama told World Net
Daily, “I have keenly and attentively listened to the tape over and over again,
and I can confirm from Sarah’s own confession that Barack Obama was born in
Kenya in her presence.”
- A separate Kenyan government official agreed,
stating, “I have listened to the tape. The preacher asked whether Barack Obama
was born in Mombassa, and the translator asked the same. When she said
Mombassa, it was like a surprise, and those there thought she could not have
meant to say Mombassa.”
- When New York Times bestselling author Jerome Corsi
traveled to Kenya to investigate the claims, he was almost immediately kicked out of the country
by Kenyan officials.
- When Kenya’s National Security Intelligence Service
investigated claims that Obama was born in Kenya,
officials in Nairobi found “relevant birth records may have been removed or
were missing.”
- Obama has deep political connections in Kenya. From
2006 onwards he rallied in support of Islamist
Raila Odinga in Kenya, helping him impose Sharia law. When Odinga
lost the Kenyan election in 2008, his supporters rioted, unleashing a wave of
violence. Despite the bloodshed, Obama used his influence to aid Odinga in
retaining his position as part of a coalition government.
For the mainstream media to imply that the 1991
brochure is the “source” of the claim that Obama was born in Kenya is
completely inaccurate. Not only was that brochure updated many times right up
until 2007, with the information about Obama’s birthplace being Kenya retained,
but there are numerous other factors which all indicate that Kenya could indeed
be Obama’s homeland.
*********************
Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos.
Watson is also a regular fill-in host for The Alex Jones Show and Infowars
Nightly News.
Similar/Related
Articles
Infowars.com | Alex
speaks with Congressman Walter B. Jones, Jr. about H.CON.RES.107.
Drudgereport:
5-18-12 Romney warns economy is on 'path of California'...
{ Yes, that’s really true; and, beyond the hype and propaganda, that’s a real
negative! }
Debt Up $12,984 Per Household Since 2011 Spending Deal...
Underwriters Stepped In to Support Shares at Offering
Price...
Trade Disorder Plagues Nasdaq...
Messy Debut...
'Disastrous'...
SEC to probe glitches...
Zuckerberg In '04: 'No Intention' Of Making Money...
NATO protesters occupy Chicago streets...
Police Raid Apartment, Seize Beer-Making Equipment...
40 Fed Agencies Man Secret Command Center...
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…’
GOOGLE FOUNDERS PLAN SPACE BIZ { Spaced out!
The new boondoggle! Clearly, in desperation this must be the NSA (recall that
google has that ‘cozy’ relationship with the NSA presumably for your data,
searches, activity, etc.) pushing their ‘spread the new propaganda / b***s***’
line, the googleheads their mouthpiece! How totally pathetic! How totally
desperate! Unfortunately for them, the writing’s already on the wall; hence,
their inconsequential, too little too late, desperation. If this wasn’t so pathetically
desperate and tragic, this would be laughable; not to mention the costs
relative to benefits and a time horizon sufficient to recoup capital
(payback)much less earn a profit – Remember: Decades at best! (I wonder what
the insurance premiums alone on this pipedream would be – oh, right,
self-insurance). Let’s see where they divert the new boondoggled funds from;
stock issue?, taxpayers?, illegal drug trade – strike that as doubtful –
they’re the greediest and lack the patience for a drawn out score! Of course
the other possibility that begs the typical california question of these
california googlers is, ‘what have they been smoking’? http://albertpeia.com/nsawhistleblowerspeaks.htm }
COPS: Suspect angry over Trayvon Martin death beats up
white man...
Obama as a Boy Ate Dog Meat [ And, you can bet there’s
canabalism in his line; his father being an african ape nigger and his mother a
flaky whore; you know, that typical type that schtooped niggers back in the
day! ]...
Obama campaign tries to diversify...
...looking to hire more African-Americans
[ More dead-weight, contentious, unproductive make-shift, make-work, costly
welfare job niggers … just what the nation, strike that, wobama campaign
needs.]
Farrakhan Warns Whites: 'Unless You Change, Your End Has
Come'… [ They call this a self-destructive manifestation of the Oedipal Effect:
Goodbye niggers, aka unevolved apes/chimps/monkeys – Your end’s already
here! Your jigs are up, and you boos
are down! Everyone’s onto your nigger
jive! Look in the mirror! If only you could change / evolve faster! ] ...
HOLDER PRAISES FELLOW APE SHARPTON, ONE INCOMPETENT NIGGER
TO ANOTHER ...
'SECOND DEGREE MURDER'...
'We do not prosecute by public pressure or by
petition'[B***S***!]...Tyson on
Zimmerman: 'It's a disgrace that man hasn't been shot yet' [ Spoken
like the true ape, dumb nigger he is! If he had been an extra in ‘Planet of the
Apes’, they could have saved money on make-up / costumes. The reality is, if
that were the criterion and rule, given the overwhelming prevalence of black
violence, particularly black on white violence, there’d be a lot of dead
niggers. Niggers are a scourge wherever they are; a black plague, if you will.
The reality is that in this nation, having been overrun by niggers, americans
have become the new age dinosaurs. As for tyson, the ugly little monkey that no
one wanted, now full-grown angry ape, his IQ is well below the average 100. Ape
tyson is just a disgrace, period. He’s a typical ignorant, violent ape/nigger.
Life with ape tyson, also a convicted rapist, was described by his then (soon
to be former) wife, Robin Givens, in a live televised interview with him
present (you can only imagine the unsaid) as ‘hell’. He’s mentally deranged (too
many head shots?), but he does profess typical nigger sentiment. (Mike Tyson vs. Robin
Givens: … biggest fight | Ebony ... Eight months
after Mike Tyson and Robin Givens were married on Feb. ...
beatings -- she filed for divorce)
Panthers Call For Violent
Revolution, Race War, Bloodshed Against ‘Honkies’ (Video) Some typical comments: Reply:
April 11th, 2012 at 9:51 pm 11 percent of population and they always have thier
hands out begging for more.No matter how much you give them its never
enough.Filthy animals is all they are. (Absolutely correct!)
Dandroid Reply:
April 11th, 2012 at 5:47 pm
Show trial to keep the peace? Cities will burn if hes found not guilty!
Startover Reply:
April 12th, 2012 at 12:04 am
Let the cities burn, send the Army in to finish them off
George Zimmerman is totally innocent
Trayvon is a punk ass killer (also a known thief and would be in futuro typical
nigger criminal)
There is only one victim in this case and that is Zimmerman
Eduard Reply:
April 11th, 2012 at 7:28 pm
Precisely!! That was my thought. This press release sounded more like a minor
league actress thanking everyone at a Grammy Award for her success. Then again,
I can’t emphasize enough how despicable the “lawyer” field really is. There is
no shame in it. The profession is a giant conflict of interest. Moreover, the
rules of lawyer ethics always being pulpitted is nothing more than consumable
fodder for the gullible. Ethics and lawyers? Laughable isn’t it? That’s like
Lucifer passing out copies of the decalogue. This whole twist to the “mestizo-reported-as-a-white
man” Zimmerman case has notched into a renewed effort of politicalization for
formenting a racial war. …’ ]
Heroin dealer uses welfare EBT card to post bail [ Yes,
he’s a nigger; with unreported cash drug income that gives him welfare as well!
] ...
New Black Panther Party chief of staff apologizes after
radio outburst...
'The things that's about to happen, to these honkeys,
these crackers, these pigs'...
Black residents fearful after shootings in Tulsa… [ Now
they know how the ‘white folk’ feel, everywhere, every day, and the black on
white violent crime stats overwhelmingly prove the reality and legitimacy of
that concern! Civilized people everywhere are tired of the typical nigger
b***s***! ]...
RACE WARS: ZIMMERMAN BREAKS SILENCE...
Family challenges Holder on New Black Panthers...
Hacked roadsign reads: 'Trayvon a n*****'...
CNN says 'f****** n*****' on air...
Anchor: 'N*****' Should Replace 'N-word' in News
Reports...
Government Surveillance Crackdown On Internet Goes Into
Overdrive...
Congressman fears Obama power grab in 'emergency'...
Fidel Castro mocks Obama over 'guayabera' diplomacy...
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. ] '
·
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.
The reality is that blacks are an insoluble problem
wherever they are. That’s not going to ever change; not make-shift/make-work
jobs; not programs; not anything tried or to be tried; hence, they must be
treated as exactly that – problems – before a solution can be derived and
fashioned. ] [ Send the niggers,
including niggerbama back to sub-saharan africa! ]
{
First and foremost clarification: There are no elite on this planet. The grim reality for this planet is a dominant
species descended from initially notochords, primitive chordates, and
relatively more recently primitive apes.
See generally, http://albertpeia.com/anthroindex1.htm , for a
brief but sorrowful history of man. }
http://albertpeia.com/planetalreadyruined.htm }
http://albertpeia.com/greekbankingsystemdying.htm
19 Things That All High School
Students Should Be Told Before They Go To
Collegehttp://albertpeia.com/19thingshsstudentsshouldbetoldbeforecollege.htm
http://albertpeia.com/newworldordervedgesmockus.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. }
http://albertpeia.com/planetalreadyruined.htm }
5-17-12 'BORN IN KENYA'
How did the mainstream media miss this?
Obama Literary Agent Says 1991 Booklet was
'Mistake'...
EUROPE ROCKED BY SPANISH BANKING CRISIS...
New French government takes 30% pay cut...
NO ESCAPE: DEMS WANT TAX FOR LEAVING USA...
'Ex-PATRIOT Act'...
UPDATE: 'Mystery object' that nearly caused mid-air
collision believed to be drone...
STUDY: 96% of restaurant entrees exceed USDA
limits...
Feds fine Utah school for accidentally selling soda
at lunch...
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...
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. ] '
·
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.
The
reality is that blacks are an insoluble problem wherever they are. That’s not
going to ever change; not make-shift/make-work jobs; not programs; not anything
tried or to be tried; hence, they must be treated as exactly that – problems –
before a solution can be derived and fashioned. ] [ Send
the niggers, including niggerbama back to sub-saharan africa! ]
Well, my hat is off to the global central planners
for averting the next stage of the unfolding financial crisis for as long as
they have. I guess there’s some solace in having had a nice break between the
events of 2008/09 and today, which afforded us all the opportunity to attend to
our various preparations and enjoy our lives.
Alas, all good things come to an end, and a crisis
rooted in ‘too much debt’ with a nice undercurrent of ‘persistently high and
rising energy costs’ was never going to be solved by providing cheap liquidity
to the largest and most reckless financial institutions. And it has not.
Developing World’s Market
Bubble Set to Bring Global Depression
Infowars | The
world market bubble is setting the stage for a global economic collapse.
Jamie Dimon: Billions Lost in
Derivatives Fraud is Merely ‘Standard Banking Practice’
LA Times | Head of
JP Morgan Chase unveils arrogance of a banking elite not concerned with the
real economy.
Death By Foreclosure:
Desperate Man Commits Suicide After Wells Fargo Steals His Home
Alternet | This is
the story of what happens when an average couple is up against a giant,
wealthy, powerful bank.
This is the story of what happens when an average couple is up against a
giant, wealthy, powerful bank.
Dave
Johnson
Alternet
May 16, 2012
Norman
and Oriane Rousseau were one more couple pushed by a huge, greedy bank to the
brink of homelessness. On Sunday, desperate and with nowhere to go, Norman
Rousseau shot himself.
This is the story of what happens when an average
couple is up against a giant, wealthy, powerful bank. Unfortunately the result
is what the result always is when people are on their own against the wealthy
and powerful: the bank ends up with all of their money, takes their house to
sell and throws them out onto the street. In this case the bank is Wells Fargo.
The quick version of this terrible story is that
Norman and Oriane Rousseau of Newbury Park, California were scammed into a
predatory mortgage. But they made their payments anyway, always paying with a
cashier’s check in person at the same branch. Then one day the bank misapplied
their payment and said they still owed the money. This started a long, nasty
process that led to the bank evicting the Rousseaus from their home.
Here’s the shocker: right at the start the Rousseaus
came up with proof that the bank had received the payment and had cashed the
check. But the bank continued to claim it had missed the payment, gave the
Rousseaus the runaround, started applying fees, and used it as an excuse to
foreclose on the house anyway.
{ First and foremost clarification: There
are no elite on this planet. The grim
reality for this planet is a dominant species descended from initially
notochords, primitive chordates, and relatively more recently primitive apes.
See generally, http://albertpeia.com/anthroindex1.htm , for a
brief but sorrowful history of man. }
http://albertpeia.com/planetalreadyruined.htm
BLIND CHINESE ACTIVIST: THE PERFECT NEW
AMERICAN CITIZEN – DOESN’T KNOW ANYTHING ABOUT AMERICA AND HE IS BLIND!
Chinese Activist Makes Plea to U.S. Congress...
Obama under fire... {While there’s plenty
of deserved critism for wobama, on a multitude of issues, and should indeed be
voiced by a multitude of people; smith of pervasively corrupt, mob
infested/controlled jersey is not one to be doing the criticizing. As with
america generally, there is certainly nothing positive that can be said of the
sordid state of new jersey!}
US Using
Staged “Blind Activist” Stunt For Leverage Ahead of Talks
Prisonplanet.com
Why Is It
Necessary For The Federal Government To Turn The United States Into A Prison
Camp?
http://albertpeia.com/usprisoncamp.htm
{ I really must say that this is a tough one because
the vast majority of
americans are inherently criminal, with the highest crime rates in the world
among the so-called ‘civilized’ nations (you can’t count the niggers of
sub-saharan africa as civilized, and there’s no question but that the niggers
have disproportionately skewed the american crime rates, particularly violent
crimes, higher); including, from my direct observation and experience, that within
all three branches of the u.s. government. Indeed, the (should be prison)
inmates are running this asylum called america. The reality is that there are
so many americans that are not in jail who should be in jail, it’s difficult to
avoid these harsh third world measures in what has essentially
become a third
world nation overrun by the most sordid, despicable criminals one can imagine.
They must really prosecute the biggest criminals including the oligarchs as,
ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat
offenders, etc., without exception. The problem with america is not the
terrorist threat from without, but rather the plethora of inherently criminal
americans within. Moreover, the corruption is pervasive and systemic. Unfortunately,
crime pays in america and pays well; and, God help you if you try to live
within the law and get in their way or potentially cost them money or some of
their illegal business because no one else will. There’s criminal control at
all levels of american society. That’s the problem; with the relatively few
non-criminally inclined, criminal by complicity inasmuch as americans are for
the most part gutless cowards who go along to get along along with a million
other excuses, not the least of which is ‘the price was right’. That’s reality!
That said, it’s the ‘for or agin’ me primitive mentality that pervades the u.s.
government, ‘thought police’, arbitrary powers of detainment, abrogation of
first admendment rights, internet intrusion/censorship, arbitrary enforcement
of the law, etc., that is and I find particularly appalling,
counter-productive, and regressive. There is an element of projection, given some of the evil
things the government has done abroad; blowback being not entirely out of the
realm of possibility which ultimately is the sad consequence of the worst of
human nature which is invariably inclined to go too far in the worst way. The
sad fact is that as with any banana republic, the governmental powers that be
go to whatever nefarious lengths necessary (control by whatever means, at some
level) to unreasonably maintain their access to undeserved power, money,
resources, luxuries, etc., invariably
to the detriment of the vast majority as is so here in america today. There are
very few positive things that can be said of america today. I, for one, cannot
think of any at all!
[ ‘america, love it or leave it’? Love it?
Truth be told, I don’t even like america!
See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm ] }
Drudgereport (Plus): 5-16-12 Obama's budget goes down in flames...
Unanimously rejected by DemSenate...
Fails to get single vote anywhere in Congress...
Even labor unions oppose...
Warning Signs For Obama -- in Wisconsin?
Wall Street goes bearish on stocks
Insiders Cashing Out...
White jogger 'randomly' gunned down in broad
daylight...
COPS: May have been gang initiation or dare...
Judge Napolitano: First Patriot To Shoot Down A
Government Spy Drone 'Will Be A Hero'...
'VULTURE FUNDS' CIRCLE AS GREECE FEARS GROW...
ABC News
Exclusive: Zimmerman Medical Report Shows Broken Nose, Lacerations After
Trayvon Martin Shooting {That little (6’3”) thieving nigger was
enraged by his being thwarted in his scope-out/plundering of Zimmerman’s
neighborhood. Clearly self-defense with wounds consistent with his true story,
Zimmerman was fighting for his life and ultimately saved the citizens of
Florida from the future costs of the burgeoning violent, thieving typical
nigger-criminal trayvon martin.}
Previous: Holder sues
Florida city, says firefight test racist [ Yeah, of course, because dumb
niggers can’t read, ‘rite, or do ‘rithmetic! They’re always too busy donning
their little hoodies and scopin’ out neighborhoods for their pillaging, plundering,
and terrorizing! ]...
Black mob
beats white man unconscious on his front porch...
'Now that's justice for Trayvon' (they shout in crazed nigger fashion)...
DERSHOWITZ
BLASTS PROSECUTION: 'NOT ONLY IMMORAL, BUT STUPID'... [ Indeed! And,
make no mistake, I never would have thought I’d be agreeing with Alan
Dershowitz on anything: http://albertpeia.com/trayvonnewtawana.htm ]
Seth Klarman On The Absurd
Short-Termism Of The Exuberant Rally { Yeah, as pointed out here, fundamentals should and still
matter! } While most of the retail investor's time is (hopefully not) spent
watching CNBC propaganda spouted by wannabe traders (mostly asset gatherers as
opposed to real return seekers) who sell their $29.95 books on how to be rich
in 30 seconds trading the TVIX; some might prefer to listen to the original
thoughtful value investor - Seth Klarman. The man whose book 'Margin of Safety'
sells for over $1000 (and whose acumen extends for decades) just released
Baupost's (his fund) quarterly letter and makes what should be a critical
statement for any and every investor to consider when next they hear of
quantitative easing prognostications. In two short sentences, Klarman states:
"We will not be tempted into making investments based on such
absurdly short-term thinking, which sadly still dominates Wall Street.
We focus solely on fundamentals. We are comfortable missing out on
potentially major rallies if they are based purely on money flows or government
action; the risks of engaging in this sort of speculative activity are simply
too high." And echoing our thoughts perfectly, "The same low
interest rate, deficit-spending driven, leverage-friendly economic policies
that fueled the unsustainable conditions that led to the 2008 collapse are with
us still."
The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed! Train
Reading: The Stock Market Is (Criminally) Insane The Wall Street Journal , [ECRI Stays with Recession Call New American | The vicious cycle is starting
where lower sales, lower production, lower employment and lower income [leads]
back to lower sales… http://albertpeia.com/ecricallsrecession.htm , 5-14-12 JPMorgan Estimates Immediate
Losses From Greek Exit Could Reach 400 Billion ZeroHedge.com Durden , 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
http://albertpeia.com/endofeurozone.htm
http://albertpeia.com/planetalreadyruined.htm
Drudgereport: 5-15-12 Obama worth up to $10 million...
Has up to $1 million with JPMORGAN...
Stimulus funded erectile dysfunction studies...
POLL: ROMNEY LEADS WITH WOMEN...
WH called out for skipping female reporter at press
briefing...
BANK RUNS HIT GREECE
Merkel and Hollande join forces on Greece...
Europe prepares for 'messy' exit...
Little country threatens big impact...
Italy's banks shaken; Slump deepens...
Zimmerman Medical Report Shows Broken Nose,
Lacerations After Trayvon Martin Shooting...
In
our 608th issue:
EFF's
International IP Director Gwen Hinze traveled to Dallas this week to demand
transparency in the Trans-Pacific Partnership (TPP) Agreement, a secret
international trade negotiation that includes provisions to regulate intellectual property and the Internet. She was joined
by hundreds of protesters rallying outside the Dallas hotel as well as
culture-jamming activist group The Yes Men, who presented U.S. Trade
Representative Ron Kirk with the fictitious "2012 Corporate Power Tool
Award." Over 18,000 Internet users have used the EFF action center to
speak out against the TPP; please help us get to 20,000 by contacting
Congress today.
Documents
just released by US Immigration & Customs Enforcement (ICE) in response to
one of EFF’s Freedom of Information Act requests show that DHS is considering
collecting DNA from kids ages 14 and up -- and is exploring expanding its
regulations to allow collection from kids younger than that. The proposal
appears to be working its way through DHS in the wake of regulations that
require all federal agencies to collect DNA from individuals arrested for
federal crimes as well as "from non-United States persons who are detained
under the authority of the United States," whether or not they have been involved
in criminal activity.
After
a year-long seizure and six more months of secrecy, the court records were
finally released concerning the mysterious government takedown of Dajaz1.com
-- a popular blog dedicated to hip hop music and culture. The records confirm
that one of the key reasons the blog remained censored for so long is that the
government obtained three secret extensions of time by claiming that it was
waiting for "rights holders" and later, the Recording Industry Association
of America. In other words, having goaded the government into an outrageous and
very public seizure of the blog, the RIAA members refused to follow up and
answer the government’s questions.
NY Twitter Decision Fails to Recognize Content and Location Data Require
a Warrant
The
New York City District Attorney is facing new obstacles in its attempts to
subpoena information from Twitter regarding the account of Malcolm Harris, one
of the 700 people arrested on the Brooklyn Bridge in an October 2011 Occupy
Wall Street protest. Faced with a written order to comply with the subpoena,
Twitter filed a motion to quash the subpoena, arguing that complying would
violate the law.
EFF to Testify at Hearings on Expanding DMCA Exemptions for Jailbreaking
and Video Remixing
Experts
from EFF will testify at public hearings held by the U.S. Copyright Office this
month, urging officials to renew and expand the critical exemptions to the
Digital Millennium Copyright Act (DMCA) that the Copyright Office granted in
2009 in response to EFF's requests to protect the rights of American consumers
who modify electronic gadgets and make remix videos.
Oracle v. Google and the Dangerous Implications of Treating APIs as
Copyrightable
At
stake in the case of Oracle v. Google is whether APIs can be considered
copyrightable, which would have a profound negative impact on interoperability,
and, therefore, innovation. Allowing a party to assert control over APIs means
that a party can determine who can make compatible and interoperable software,
an idea that is anathema to those who create the software we rely on everyday.
Drones, Secret Surveillance, and Classifying the Wizard of Oz
EFF
follows up on the FAA report showing the names of government agencies which
have received authorization to fly drones in the US. Meanwhile, the annual
Department of Justice report to Congress shows DOJ applications to conduct
electronic surveillance increased in 2011.
Our
movie industry has created some memorable monsters on screen. But Hollywood and
the major music labels also helped create a very real kind of monster:
copyright trolls who coerce settlements from Internet subscribers using
intimidation and our out-of-whack copyright laws.
DOJ Official: Any Privacy Protection is Too Much Privacy Protection for
Cell Phone Tracking
Jason
Weinstein, a deputy assistant attorney general in the Department of Justice's
criminal division, told a panel at the Congressional Internet Caucus Advisory
Committee's "State of the Mobile Net" conference that requiring a
search warrant to obtain location tracking information from cell phones would
"cripple" prosecutors and law enforcement officials. We couldn't
disagree more.
Special 301 Report 2012: The USTR's Bogus List of Countries That
"Don't Enforce" Copyrights
The
Office of the United States Trade Representative released its annual Special
301 report, a review of other countries’ intellectual property laws and
enforcement standards. What’s particularly obnoxious about these reports is
that countries are judged on whether they adopt very particular implementations
of international legal standards and interpretations of controversial parts of
U.S. law that only reflect the interests of intellectual property (IP)
rightsholder industries -- not everyday Internet users.
Party Ends Badly
for U.S. Trade Reps, Federal Agents
Watch
video footage from The Yes Men's organized action against the TPP negotiations,
including dozens of "delegates" disrupting the gala event and a
whimsical mass toilet paper replacement.
Pay What You Want for Indie Music --
and Benefit EFF!
The
Indie Allstars Bundle lets you pay what you want for music from up to 15 indie
bands while benefiting EFF.
UK Border Agency
ID Card System Crashes
The
UK Border Agency turned hundreds of people away from a key office after the
major foreign national ID card computer system shut down.
ISSN
1062-9424
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JPMorgan Estimates Immediate Losses
From Greek Exit Could Reach 400 Billion ZeroHedge.com Durden , Are They Insane? 58 Percent Of
Americans Believe Economic Conditions In The United States Will Be Good A Year
From Now http://albertpeia.com/insanelyoptimistic.htm , If You Live In California
Things Just Got A Whole Lot Worse http://albertpeia.com/hopelesscluelesscalifornia.htm Failed Wobama model illustrated: 16
Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm , Why Is The Obama Administration
Allowing The Chinese Government To Buy Up U.S. Oil And Gas Deposits Worth
Billions Of Dollars? http://albertpeia.com/chinabuyingamerican.htm , Merkel is Backed Into a
Corner… Commit Political Suicide or Bail on the Euro? May 13, 2012 By gpc1981 http://albertpeia.com/merkelpolsuicideorbailoneuro.htm , State Election Defeat Seen as
Disaster for Merkel
(WSJblogs) , Greece Can No Longer Delay
Euro Zone Exit It’s Going to Get Harder for
Merkel (Der Spiegel) , Newsweek
cover: Obama ‘first gay president’ , Must Read: "Another
Perspective" ZeroHedge.com Durden , "The Weight Of The
Nation": Documenting America's Obesity Epidemic: Part 1 - Consequences
, Biderman And Bianco Bury
Bernanke's Bond Bull Market Backbone , Guest Post: JPM Chase
Chairman, Jamie Dimon, The Whale Man, And Glass-Steagall , Moody's Downgrades 26 Italian
Banks: Full Report MOODY'S
DOWNGRADES ITALIAN BANKS; OUTLOOKS REMAIN NEGATIVE
Dave’s Daily: http://www.etfdigest.com MARKETS CAN’T CLIMB ON ONE WHEEL 5-14-12
‘Angela Merkel’s party suffered a severe rebuke in local elections to
socialists and other left parties. This action demonstrates the tenacity with
which the public in the eurozone demands to cling to government benefits versus
austerity. It further complicates matters politically for the EMU and
previously agreed financial arrangements and commitments. On Saturday, the
troika agreed to give Greece an extra year (2015) to reach its budget and
deficit goals. This shows weakness. All this means is the eurozone will remain
a problem for months and years to come. Clearly, if austerity and reform are
off the table then who will pick-up the tab—the Chinese? JP Morgan (JPM)
estimated if Greece were to bug-out of the eurozone and their commitments, it
would cost the remaining bag holders $500 billion. We see the same conditions
in Wisconsin and now California facing a $16 billion budget shortfall. The
fight with public unions and other entitlements is only just beginning as
current and future benefits are too much to bear fiscally without reform.
As an
aside let’s review the reoccurring issues with mega-banks as just happened with
JPM. I’ve been writing about the demise of the Glass-Steagall Act (GSA) for a
long time. I featured it in my early 2007 book “Create Your Own ETF Hedge Fund”
and frequently on ETF Digest. The GSA was made law during the Great Depression.
Among other things it separated banks from brokers and federally insured bank
deposits (FDIC) to $100K. This had meant banks were restricted in how they
dealt with depositor funds which were widely insured by the public. In the late
second term of the Clinton administration the law was allowed to lapse. At the
core of this demise were a band of brothers (Phil Gramm, Chris Dodd, Alan
Greenspan and Robert Rubin) led by Sanford “call me Sandy” Weill. He was the
straw that stirred the drink and a major WS wheeler-dealer. It allowed his
brokerage firm to merge with Citigroup putting the fox in the henhouse. Others quickly
followed suit. It was great (for them) from the get-go but a financial disaster
ultimately as the walls separating underwriting and trading from federally
insured deposit taking came tumbling down. It created a regulatory mess as a
multitude of agencies now had responsibility to oversee these new mega-bank
combinations. Regulators were inadequate to the task. When the financial crisis
hit in 2008 suddenly trading the public’s money meant the public had to bail
out these new mega-banks. Rather than reinstituting various protections of the
GSA the government just heaped more regulations atop those that weren’t working
anyway. The mega-banks and their congressional allies weren’t about to let the
toothpaste be put back in the tube. Therefore, we still have these JPM trading
fiascos occurring because there aren’t enough smart (emphasis added) regulators to oversee
(herd cats) mega-banks. And, besides if they’re bailed-out once they expect to
be bailed-out again..’
http://albertpeia.com/chinabuyingamerican.htm
http://albertpeia.com/hopelesscluelesscalifornia.htm
Failed
Wobama model illustrated: 16 Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm
‘Why does the state of California seem to be so
incredibly hopeless? These days California can't seem to do anything
right, and if you live in California things just got a whole lot worse.
Newsweek
cover: Obama ‘first gay president’
Drudgereport: 5-14-12 EU ON THE BRINK...
Euro Weakens on Greek Exit Spec...
Big Debt Payment Due Tuesday...
Italian banks DOWNGRADED...
CBSNYTIMES POLL: ROMNEY PULLS AHEAD BY 3...
PAUL OUT...
ALERT: Euro Officials Begin to Weigh Greek Exit...
Fear grows of Greece leaving euro...
Will 'run out of money soon'...
Moment of truth...
Euro Parity With the Dollar?
If Greece goes... who and what would be next?
Turmoil boosts London property stampede...
IMF concerned about Kuwait's finances?
3 to Exit J.P. MORGAN After Shock Losses...
Dimon Remains...
Obama: JPMORGAN 'One Of The Best-Managed Banks' {by
failed president wobama standards which of course is no standard at all}...
Anti-capitalist protesters storm campaign HQ
building...
UPDATE: 230,000 unemployed lost benefits over
weekend...
CA DOWN $16B...
BROWN WARNS OF BIG CUTS...
'Worst recession since 1930s'...
Obama pushes new billion-dollar stimulus plan...
NBC ADDS SITCOM FROM OBAMA SPEECHWRITER...
http://albertpeia.com/collapseofderivativesmarket.htm
Lot of whistling down there on wall street as
‘WALL STREET DOES BROADWAY’ (not Main Street mind you, they’re for screwin’) …
Rogers and Hamerstein to be exact with their recurring theme going thusly:
Whenever the frauds on wall street feel afraid,
Their penises get erect (for screwin’ someone
other than their deserving selves),
They whistle a happy tune,
So no one will suspect,
They’re afraid.
While shivering in their shoes,
They strike a fearless pose,
And whistle a happy tune,
So no one will suppose,
They’re afraid.
Yeah, lots and lots of whistling on fraudulent
wall street. So uniquely fashioned to their task of obfuscation and fraud, even
Humphrey Bogart would have found Lauren Bacall’s instructive direction for same
as wanting in comparison (not everyone will get this…famous, but strictly
unreal cinematic show biz, not the live fraud biz of wall street fame). I
believe much of this soft shoe song and dance was for the ‘benefit’ of european
markets which are hopelessly in the throes of their own confrontation with
reality, which despite all the whistling is all going to get much worse than
feared, fearless poses notwithstanding (see infra).
It is here where wobama not doing what he said
he’d do last campaign littered with his jive-talking b***s***!
Roche 'The
worst part of it ...Obama, who vowed
change, has done almost nothing to fix any of it and in fact continues most of
the policies that helped get us here in the first place’ ‘INSIDE JOB’
Ferguson wins Oscar for Documentary on the unprosecuted massive extant fraud in
the (many) TRILLIONS by the frauds on wall street ( and declares with oscar in
hand that not one high level wall street exec has been prosecuted … despite
‘earning’ billions from the fraud ) Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Facebook
co-founder Saverin renounces citizenship , The 2 Billion Dollar Loss By
JP Morgan Is Just A Preview Of The Coming Collapse Of The Derivatives Market http://albertpeia.com/collapseofderivativesmarket.htm
The 2 Billion Dollar Loss By
JP Morgan Is Just A Preview Of The Coming Collapse Of The Derivatives Market http://albertpeia.com/collapseofderivativesmarket.htm , http://albertpeia.com/wallstreetdoesbroadway.htm
Roche 'The
worst part of it ...Obama, who vowed
change, has done almost nothing to fix any of it and in fact continues most of
the policies that helped get us here in the first place’ ‘INSIDE JOB’
Ferguson wins Oscar for Documentary on the unprosecuted massive extant fraud in
the (many) TRILLIONS by the frauds on wall street ( and declares with oscar in
hand that not one high level wall street exec has been prosecuted … despite
‘earning’ billions from the fraud ) Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed! Train
Reading: The Stock Market Is (Criminally) Insane The Wall Street Journal , [ECRI Stays with Recession Call New American | The vicious cycle is starting
where lower sales, lower production, lower employment and lower income [leads]
back to lower sales… http://albertpeia.com/ecricallsrecession.htm , J.P. Morgan has significant
credit portfolio loss May 10th, 2012 by News
Breaking…………“Shares of J.P. Morgan Chase & Co. JPM -5.89% dropped after the
bank said in a regulatory filing late Thursday it had “significant”
mark-to-market losses in its synthetic credit portfolio. Shares fell 4.5% to
$38.87 in after-hours activity. In a Securities and Exchange Commission filing,
the bank said its synthetic credit portfolio had proved to be riskier and more volatile
than expected.”MarketWatch MK comment: Sound
familiar? Think Bear Stearns, early 2008. , J.P. Morgan Reveals 'London
Whale'-Size Losses , Surprising
JPMorgan loss hits stock market late NEW YORK (Reuters) - Stock
index futures fell sharply on Thursday evening as JPMorgan Chase & Co
stunned investors with news that its chief investment office had incurred
"significant mark-to-market losses... , Marc Faber
Sees A 1987-Like Crash Approaching www.zerohedge.com 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
Facebook
co-founder Saverin renounces citizenship
http://albertpeia.com/collapseofderivativesmarket.htm
Drudgereport: B A C K L A S H:
POLL (Rasmussen): ROMNEY 50% OBAMA
43%...
Stocks Worst Week of Year...
JP MORGAN Dimon: 'We Screwed Up'...
$2 Billion Loss...
Credibility at stake...
Fed 'Investigates'... { Riiiiight! Nothing
to worry about now, the fraud inducing failed fed’s on the job! NOT! Worry!
Really worry! Much worse to come! http://albertpeia.com/fedponzifails.htm http://albertpeia.com/fraudulentfedhasfailed.htm
MSNBC Anchor Cuts off Contributor's Mic over Romney
Defense...
'You're in my house, now'...
CLINTON: O'S AN 'AMATEUR'...
BOOK: Bill urged Hillary to quit Cabinet, run in
primaries...
Obama's Own Doctor Slams ObamaCare as 'Failure'?
BEACH BOYS SINGER: 'Obama's a Socialist A**hole'...
FACEBOOK CO-FOUNDER GIVES UP U.S. CITIZENSHIP BEFORE
IPO...
Talkradio host found shot to death inside home...
{ This is jersey! This could be anything from a mob hit to random, pervasive
violence, etc. }
Police Sent To Collect Overdue Library Books From
4-Year-Old Girl...
Shopping Mall Requires Teens To Be With Parents After
6 PM...
Chicago Officials Ban Food, Drinks, Backpacks On City
Trains...
NSA, GOOGLE SPY TIES 'CAN REMAIN SECRET'
GOOGLE starts mapping indoor locations!
Air Force Document: Drones Can Be Used To Spy On
Americans...
http://albertpeia.com/chinamerica.htm
Drudgereport: Obama:
'Sometimes I Forget' Magnitude of Recession…{ Oh! How conveniently forgetful,
though the vast majority of americans don’t have wobama’s luxury of feigned
amnesia suffering from what wobama did and didn’t do contrary to promises last
time around the perpetual campaign trail littered with his typical jive-talking
b***s***! The following headline will help him remember some of his sordid,
pot-clouded high school past! }...
FLASHBACK:
Obama's Sordid High School Past...
By Ben Shapiro ‘While the Washington Post has been diligently
digging into relatively innocent high school pranks by Mitt
Romney, they’ve spent the last few years diligently ignoring President Obama’s far
more controversial high school days.Obama, by all accounts, was a habitual drug
user in high school. He tried cocaine, he admits in Dreams From My Father;
he “tried drugs enthusiastically.” The Chicago Tribune reported back
in 2007 that Obama thanked the “Choom Gang” in his high school yearbook;
“chooming” was Hawaiian slang for smoking pot. The Honolulu Advertiser
reported that Obama’s senior portrait “prominently displayed … A package of
‘Zig-Zag’ rolling papers and a matchbook.” One of Obama’s close friends was
arrested for drug possession during high school.In his memoir, Obama talked
about routinely getting high. “Junkie. Pothead,” he wrote. “That’s where I’d
been headed: the final, fatal role of the young would-be black man.” But,
according to Obama, he only got high because he was contemplating deep matters:
drugs could “push questions of who I was out of my mind.” Obama told students
in 2007 that this activity constituted “goofing off” and “wasting time”:"I
will confess to you that I was kind of a goof off in high school as my mom
reminded me," Obama said. "I went to high school in Hawaii, so
there's a lot of opportunity to goof off because the weather is really good all
the time …"You know, I made some bad decisions …. You know, got into
drinking and experimenting with drugs. There was a whole stretch of time where
I didn't apply myself. It wasn't until I got out of … high school, and went to
college that I started realizing, man, I wasted a lot of time.”The New York
Times, however, went out of its way to find Obama’s classmates to testify
that drugs played only a “bit part” in
Obama’s youth. Yet Obama would later brag on the campaign trail that he
“inhaled frequently … that was the point.”During his high school years, Obama
hung out with communist radical Frank Marshall Davis; in 2007, the Los
Angeles Times reported that during his high school days, “he felt the
first stirrings of anger toward whites. He says he also delved into black
nationalism.” He was “offended or even enraged when white classmates adopted
black street slang or revealed their underlying consciousness of his race by
going out of their way to tell him how much they admired a black musician or athlete.”
This activity is certainly more reflective of Obama’s ideological history than
Mitt Romney’s pranks on teachers and fellow students. And as for the drug use –
well, that seems just a bit more serious than walking a teacher into a door or
cutting a student’s hair. But leave it to the Post to ignore or
downplay all of that in favor of continuing stories about Romney’s dog, his
high school hijinks, and whatever other nonsense they can use to protect
President Obama from his own incompetence.’ Ben Shapiro is Breitbart
News Editor-at-Large. Follow him on twitter @benshapiro.
Cracks in the Washington Post
story on Romney’s ‘pranks’ emerge
Correction Request: Washington
Post Uses Falsehood in Romney Hit Piece
Media Downplays Obama's Past,
Tries to Define Romney with Teen Prank
If we're going to delve deep into a candidate's past, let's delve deep into a
candidate's past. Here's Obama in his own words admitting to physically shoving
a little girl named Coretta. Yes, it was at this moment that the first
shot in the War on Women was fired.http://albertpeia.com/obamashovesgirl.png
No doubt that after expending all that energy
bullying an innocent little girl, young Obama readied himself for round two by
eating a Golden Retriever. More on this breaking story here.If you're
wondering what the rules are regarding a candidate's past; how far back we're
allowed to go in an attempt to define them -- the answer is simple: the corrupt
media will let us know.
Washington Post Disgraces
Itself By Targeting Romney's 'Anti-Gay' High School Pranks
Obama WILL
NOT pursue gay marriage as part of party platform...
STONE: 'Playing a cruel and cynical game'...
Unites Republicans?
New Black
Panther Niggers Plan Newspaper Cover With Zimmerman In Noose { and civilized people
everywhere should respond with niggers in nooses and contributions to the Klu
Klux Klan! } ...
LOONEY
CLOONEYLAND: BIG CAMPAIGN BOXOFFICE FOR NIGGERO – Meanwhile, looney clooneyland
ain’t doin’ so well with the niggero model – see next headline! ...
Failed Wobama model illustrated: 16 Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm
Postal
Service loses $3.2b in first quarter...
78% of
California 8th graders fail national science test...
http://albertpeia.com/impeachobama.htm
3.6 Million Taxpayer Dollars
Being Used To Support The Lavish Lifestyles Of Former Presidents Such As Bush
And Clinton http://albertpeia.com/nothingsucceedslikefailureinamerica.htm , Guest Post: Obama Embraces Gay
Marriage Durden ‘I’m in favour of consenting adults being able to do
whatever they like with each other, but the fact that the current push for
gay marriage is supported by Lloyd Blankfein and Goldman
Sachs makes me very suspicious (does he want to sell
securitised gay marriage debt?). It just seems like an easy issue for Obama to
posture on, while trampling the Constitution into the dirt. When it comes to
civil liberties, Obama has always talked a good game, and then acted more
authoritarian than Bush. He talked about an end to the abuses of the Bush years
and an open and transparent government, yet extended the
Fourth-Amendment-shredding Patriot Act, empowered the TSA
to produce naked body scans and engage in humiliatingly
sexual pat-downs, signed indefinite detention of American citizens into
law, claimed and exercised the power to assassinate American citizens without
trial, and aggressively prosecuted whistleblowers. Under his watch the U.S.
army even produced a document planning
for the reeducation of political activists in internment camps. Reeducation
camps? In America? And some on the left are still crowing that talking about
being in favour of gay marriage makes him “pro civil liberties”? Is this a
joke? , Obama
criticizes Romney as 'backwards on equality' President Barack Obama wasted little time casting
Republican rival Mitt Romney as "backwards on equality" on Thursday,
eager to transform his historic embrace of same-sex marriage into donor... {
Except that wobama’s been as he puts it, backwards on equality until one day
ago when he embraced same sex marriage for election-year expedience in
desperation after opposing same for years; and, don’t forget, despite promises to
the contrary, no prosecutions for the big frauds on wall street who remain in
wobama’s monkey-eyes more equal than others. The wobamas, wobama, stand for
nothing whatsoever and are just a pair of grifters who make the entire nation,
if not the world, look dumb and foolish! } , Millions Of Illegal Immigrants
Are Using A Massive Scam To Get Bigger Tax Refunds Than You Are http://albertpeia.com/illegalimmigranttaxscam.htm
11 Quotes That Show How Worried
The Financial World Is About Europe Right Now http://albertpeia.com/financialworriesabouteurope.htm ‘…The following are 11 quotes that show
how worried the financial world is about Europe right now....
24 Facts That Prove That
America Is A Nation Of Slobs
http://albertpeia.com/24factsproveamericaanationofslobs.htm }
Extraordinary popular
delusions and the madness of machines http://albertpeia.com/madnessofmachines.htm
INFOWARS.COM
http://www.infowars.com On the Wednesday, May 9
edition of the Alex Jones Show, Alex talks with Douglas J. Hagmann, founder and director of the Northeast Intelligence
Network. He is also the CEO of a private investigative agency serving a roster
of Fortune 500 clients. Due to his expertise in covert surveillance and
counter-terrorism, Mr. Hagmann has been used as an operational asset by the
U.S. Department of Justice, the FBI, as well as the Pennsylvania and New York
State Police agencies. Earlier this month, Doug said high-level, reliable
sources told him the Department of Homeland Security is preparing for “massive
civil war” in America as a result of a collapse of the dollar and the
hyperinflation that will result. Alex also continues his coverage of the Army's
re-education camps and the upcoming Bilderberg confab in Virginia.
http://albertpeia.com/24factsproveamericaanationofslobs.htm
Drudgereport: 5-09-12 Fed clears China's first US bank takeover...
324,000 Women Dropped Out Of The Labor Force -- In
Last 2 Months!
EVOLUTION: OBAMA NOW BACKS GAY MARRIAGE… [ Well, with some frolicking documented coicaine/gay sex
romping in his past, he’d be hard pressed not to. Interestingly, Clit Eastwood
has come out in favor of gay marriage saying he doesn’t give a f**k… good for
you Clit; spoken like a true egalitarian. Truth be told, I always liked those
spagetti westerns that put him on the map; his own ‘Pale Rider’, particularly;
and of course, the ‘Dirty Harry’ series. Aside from that, I find him/his films boring,
shallow, and plebian beyond tears; hardly the philosopher king. Yet, I also
don’t give a f**k regarding gays living their lives as they wish, with full
constitutional protections consistent with their presumed law-abiding lives,
particularly in a world like this, such as it is. But, that doesn’t mean the
‘state’ must get behind (no pun intended) same. There are few if any legal
statuses that can’t be achieved through legal document, ie., adoptions, trust
beneficiaries, etc.. Marriage, procreation, the province of a man/woman
relationship has always been a given. Also interesting was the take on same by
reknown Psychiatrist Maslow (his famed, laudable work regarding hierarchy of
needs, etc., needs no introduction) who wrote and posited that homosexuality
was physically, anatomically contraindicated. Again, let me reiterate a live,
let live position while cautioning against the state getting behind (again, no
pun) same and potentially giving young, pubescent, impressionable boys the idea
that penises were made for male a**holes and not female vaginas. ] ...
OBAMA ADMITS FABRICATING GIRLFRIEND IN MEMOIR {
Latent gay man obama - ... Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming
to represent me called asking for $100,000, to keep me from coming forward
about our (Obama and I) November 1999 encounter of sex and cocaine use?), ...
Obama is just another Banksters' moll prostituting himself .., and that's why
he supported the grotesque bail-out of the banking system and why he will
always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }
OBAMA NOW BACKS GAY MARRIAGE
Raises $1 Million in 90 Minutes...
GAWKER: Bulls**t Announcement...
LAWYER: MORE Travolta accusers coming forward...
5-08-12 GALLUP: ROMNEY RETAKES LEAD...
UPDATE: Empty seats haunt Obama...
Dave’s Daily: http://www.etfdigest.com TWO WAY
TUESDAY MARKET ACTION 5-8-12 ‘Markets were selling off hard most of the day on
lingering doubts about the fate of the eurozone amid Greece, France and Spain.
After hitting some support levels markets rallied sharply into the close led by
(ahem) the reliable 2:15 PM Buy Program Express… Familiar suckers’ rally into
the close off lows to keep suckers sucked in! This is an especially great opportunity to sell / take
profits! Corporate insiders are selling like there’s no tomorrow http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htm
– REMEMBER: SELL IN MAY AND GO AWAY!
http://albertpeia.com/countdowntoeurobreakup.htm
http://albertpeia.com/governmentchippinaway.htm
‘Where have all the tax dollars gone, long time passing’? http://albertpeia.com/wherehaveallthetaxdollarsgone.htm
Eloise Lee and Robert Johnson | Mar. 13, 2012
‘President
Eisenhower warned of the rise of the military industrial complex in his 1961 farewell address…’
Five Reasons For Caution In US
Equities ZeroHedge.com
http://albertpeia.com/5reasonsforcautioninusequities.htm
While there may be a plethora of geopolitical reasons
to be 'cautious' of getting over your skis in US equities, there are a number
of more quantifiable reasons for not buying-the-f##king-dip here. Between the
sustainability of US earnings and the sell-in-May mantra, we highlight five
foods-for-thought before you push all-in this morning. , Guest Post: Global Reality -
Surplus Of Labor, Scarcity Of Paid Work , Will Equity Investors Never
Learn? Presented with little comment except to note that just when
you thought a sense of reality had returned (and Treasuries and stocks
re-coupled), equities feel the need to hype once again - fool you once shame on
you, fool you the 50th time and we give up. , US Equities Ignoring US
Sovereign Risk Warning , Is Obama Negotiating A Treaty That
Would Essentially Ban All "Buy American" Laws? http://albertpeia.com/wobombanation.htm , Debt Serfdom in One Chart http://albertpeia.com/debtserfdom.htm , Soylent Pepsi is People http://albertpeia.com/soyentpepsi.htm Infowars.com
| Ground up dead baby fetuses… just business as usual. { Well, let’s not kid ourselves; there’s
likely canabalism in wobama’s line! How totally disgusting. I’ll never drink
pepsi ever again! }. , Do What Buffett Says, Not What
He Does , Greek Bonds Monkeyhammered As
Hedge Funds Slash Hands Catching Falling Knives , Guest Post: The Treasury
Bubble in One Graph , And Back To Euro-Math: Up To
€210 Billion Funding Shortfall For Spanish, Italian Banks In 2012 , Overnight Sentiment: Clutching
At Straws
Will Equity Investors Never
Learn? Presented with little comment except to note that just when
you thought a sense of reality had returned (and Treasuries and stocks
re-coupled), equities feel the need to hype once again - fool you once shame on
you, fool you the 50th time and we give up.
Five Reasons For Caution In US
Equities ZeroHedge.com
http://albertpeia.com/5reasonsforcautioninusequities.htm
Five Reasons For Caution In US
Equities ZeroHedge.com
http://albertpeia.com/5reasonsforcautioninusequities.htm
, Is Obama Negotiating A Treaty
That Would Essentially Ban All "Buy American" Laws? http://albertpeia.com/wobombanation.htm , Debt Serfdom in One Chart http://albertpeia.com/debtserfdom.htm , Soylent Pepsi is People http://albertpeia.com/soyentpepsi.htm Infowars.com
| Ground up dead baby fetuses… just business as usual. { Well, let’s not kid ourselves; there’s
likely canabalism in wobama’s line! How totally disgusting. I’ll never drink
pepsi ever again! } , Two Charts Exposing America's
Record Shadow Welfare State ZeroHedge.com, And Back To Euro-Math: Up To
€210 Billion Funding Shortfall For Spanish, Italian Banks In 2012 , Overnight Sentiment: Clutching
At Straws
http://albertpeia.com/wobombanation.htm
http://endoftheamericandream.com
http://albertpeia.com/notgoingtohappen.htm
{ First, let me say at the outset, that if Ron Paul’s
grandmother had had wheels, she’d have been a trolley car. Not going to happen!
Second, I include this article on my website as a matter of first amendment
principle, encouraged by the authors of their website so to do. Third, and most
important, it doesn’t matter what Ron Paul does at this point. He’s totally
irrelevant as he’s proven over and over again to be at the end of an atypically
grueling primary campaign. Quite simply, with plenty of opportunity to do so,
Ron Paul never resonated with the primary voters of his own party, which party
he himself chose. In a general election, Ron Paul would be lucky to get
(probably the low end of the range of) 15%-25% of the vote. Remember: we’re not
talking about a high school debate here, but rather an american general
election with all its faults. There isn’t one vote that potentially goes to the
failed president obama that couldn’t/wouldn’t as likely go, and upon reflection
with rationality the criteria would go to Mitt Romney. Obviously, that’s
clearly not the case for Paul. Wobama‘s a jive-talking loser who failed to do
what he said he’d do last time around which we now know if he had done this
nation and the world would be in a better position this day. Mitt Romney really
wants to be President, which of course is not the decisive test. He’s smart
enough, and flexible enough (which set up the primary battles to follow) to be
President of all the nation. He wanted it, fought for it, and has earned it. At
the age of 77, one could only at best say of Ron Paul that he should have
started sooner. At worst, given that Paul’s chosen defacto to favor the side of
collectively the losers for the proven loser, the mentally troubled b***s***
artist obama; which then makes him no more than a loser himself, and an
embittered, senile old man at that. I side with the former missionary,
President Mitt Romney and First Lady Ann who I congratulate for their victory
in what I further believe will be a blowout victory in November. }
"Shattering The American
Dream": The US Government’s Ponzi Scheme Tyler Durden 5-4-12
While Larry Kotlikoff was markedly pessimistic in the past (as we noted here just over a year
ago), it seems it was a dress-rehearsal to his latest evisceration
of what he now calls the US Government's Ponzi Scheme. In a recent VoxEU article on America's
"fiscal child abuse", Kotlikoff and two colleagues demolish
the idea of sustainability of government finances and how well off younger
generations will be compared with their parents. The game is close to over and
for today's children, the American dream will be just that - a dream! ,
Santelli On Propaganda And
Ostrich Economics Everyone's favorite Chicago-ite, Rick Santelli,
once again presents himself as the truth-teller-in-chief on the propaganda
channel. This morning's dismal jobs data but utopian reporting of the
improvement in the headline unemployment rate appears to have hit a nerve.
Santelli takes on just how bad the employment picture really is, how mainstream
media practices 'Ostrich Economics', and finally how nothing is deemed
important to most politicians except who is to blame. One of Rick's best as
perhaps CNBC has been looking at its
ratings and realizes investors want the truth not the spin. , Guest Post: Debt Serfdom In
One Chart Bottom line: financialization and substituting
debt for income have run their course. They're not coming back, no matter how
hard the Federal Reserve pushes on the string. Both of these
interwined trends have traced S-curves and are now in terminal decline: Those
hoping the economy is "recovering" on the backs of financial
speculation/ legerdemain and ramped up borrowing by the lower 95% will be
profoundly disappointed when reality trumps fantasy. , People Not In Labor Force Soar
By 522,000, Labor Force Participation Rate Lowest Since 1981
The Two Scariest Charts From
Today's NFP Report, Or The Real "New Part-Time Normal" , Real U-3 Unemployment Rate:
11.6% Propaganda unemployment rate: 8.1%; Real
unemployment rate: 11.6%. Reason for difference: organic growth of labor force which
grows alongside the broader population. Don't be confused by cheap explanations
on TV why the labor force should be declining (especially with ZIRP meaning
pre-retirement workers have to stay in the labor force ever longer to supplant
their meager fixed income): the widely accepted definition of the labor pool,
that used by the CBO and all other government forecasting agencies, assumes a 90,000 growth in the
labor force every month as it has to keep in line with the growth of the US
population! The implication is simple: using a real labor force
participation rate long-term average of 65.8%, the real unemployment rate in
April was 11.6%, based on the 5.4 million additional workers that should be
counted as part of the U-3 which then means that the real number of unemployed
is not 12.5 million but 17.9 million, which in turn implies a 11.6%
unemployment rate in the US. This also means that the spread between the
propaganda, and the real number is now 3.5%: the most it has been since the
early 1980s.
RT | A new Department of Defense document has been
leaked to the Web that details “Internment and Resettlement Operations.” Some pictures for the past quarter http://albertpeia.com/42712pics.gif
Paul Joseph Watson | Weather
Underground terrorist planned to incarcerate 25 million U.S. citizens.
Paul Joseph Watson | The time
for denial is over.
Crooks and Criminals in High
Places with Gerald Celente
Prisonplanet.com | Alex
talks with trend forecaster Gerald Celente.
RT | A new
Department of Defense document has been leaked to the Web that details
“Internment and Resettlement Operations.”
Paul Joseph Watson |
Political activists would be pacified to sympathize with the government.
Drudgereport: 5-04-12 UN: USA should return stolen land to Indian tribes...
Anemic jobs data hit Obama launch; Official campaign
starts under shadow...
Labor Force Participation Lowest Since 1981...
Disability applications soar...
Gloom builds for euro zone, United States..
Oil Prices in Free Fall as Worries Spur Selling...
Paul Ryan: Obama's 'Julia' website 'creepy' and
'demeaning'… {Ryan forgot to say ‘pathetic’!}...
http://albertpeia.com/ericholderincontemptofcongress.htm
While
normally we stay away from outright political commentary especially of the kind
that has no direct relation to finance or the economy, the fact is that if the
US had a functioning, uncompromised, uncorrupt, and effective Justice
Department, much of what we see every day on Wall Street would be vastly
different since if crime did indeed have punishment, then a vast
portion of the questionable behavior that is exhibited by financiers would have
been eliminated long ago. Which is why we find the news just released
from The Hill that "Rep. Darrell Issa (R-Calif.) has circulated a draft
copy of a resolution that would hold Attorney General Eric Holder in contempt
of Congress" particularly relevant. For it is none other than Holder's
complete lack of involvement and intervention to outright daily crimes
conducted in the financial world that is as much a reason for the deplorable
economic state of this country and the world, as are all those other factor
extensively discussed in books and documentaries each and every day.
While
much has been written on the revisions, adjustments, and just-plain-guesses
that make up the BLS' non-farm-payroll data, the frustration levels are
building in the Bay Area as Charles Biderman provides the most in-depth
discussion of why we need a better press corps. The simple truth, as Charles
notes, is that even the BLS doesn't believe its own hype (in its
footnotes) and while mainstream media and talking heads will quote the
unemployment rate or NFP change as if it was transcribed by the hand of God, it
is in fact an extremely ill-formed, very narrow survey with such huge
statistical noise as to be entirely useless. However, while every
human should watch this brief clip before buying that 100-lot ES milliseconds
after the release tomorrow, we suspect, as usual, it will be
algos-gone-wild no matter how many sigma we beat or miss.
http://albertpeia.com/100millionworkingageamericansdonthavejobs.htm
May 4, 2012 By gpc1981 http://albertpeia.com/sharpcorrectioncoming.htm
May 3, 2012 By gpc1981 http://albertpeia.com/merkelsinhotwaternomorebailouts.htm
What can the Federal Reserve
do? With the U.S. economy at risk of a double-dip recession, the
central bank lacks tools to do anything. (Washington Post) [ Oh I’d say they’ve
done quite enough … wouldn’t you? … Is Bernanke Failing His Fed
Mission Or Just Delusional? at Forbes Robert Barone [ How ‘bout both! I mean, come on! This
catering to fraudulent wall street was a loser ab initio! That so-called
‘wealth effect’ market froth was used previously by senile ‘maestro’ greenspan
and failed miserably except for the frauds on wall street who commissioned up
and down; and, make no mistake, those computer-programmed high-frequency
trading volumes have now been maximized for nation-economy-draining profits for
the frauds like never before and have never been higher. The QE and
dollar-debasement policies were always predictably inflationary, ultimately
hyperinflationary, particularly for stocks; that ‘feel good’ obfuscation that
was but in reality good only for the frauds on wall street. No, there is no
modern day alchemy that spins worthless paper into gold except fraudulently for
the frauds on wall street who’ve literally oftimes done exactly that; ‘cashing
out’ for hard currency and gold, precious metals, at everyone else’s expense
including main street. ] In
his June 7 speech, Fed Chairman Ben Bernanke stated, “the best way for the
Federal Reserve to support the fundamental value of the dollar in the medium
term is to pursue our dual mandate of maximum employment and price stability,
and we will certainly do that.”
.. Bernanke’s
results .. since Ben took the reins:
Feb ’06 –
April ’11
Items in a Typical Budget |
% Change |
Food and Beverages |
16.54% |
Water and sewer and trash collection services |
31.88% |
Rent of primary residence |
13.82% |
Housing |
8.68% |
Fuels and Utilities |
11.93% |
Apparel |
4.83% |
Medical Care |
20.11% |
Gasoline (all types) |
65.12% |
Transportation |
23.36% |
Tuition, other school fees, and childcare |
29.28% |
Recreation |
2.87% |
..
The standard unemployment rate most often used by the Fed is currently at 9.1%,
up 90% since Bernanke started. The more inclusive (realistic) U6 number
stands at 15.8%, up 75% in the same period. The Civilian Participation
Rate has declined 2.87% to 64.2%.
This is the
lowest level the U.S. has seen since March, 1984. The decline amounts to
8,946,844 fewer Americans in the labor force. Had they not dropped out
because of a lack of jobs, the “official” unemployment rate would be
significantly higher. While we can debate the meaning of the term maximum
employment, it is clear that the jobs data has deteriorated considerably since
Bernanke took the reins at the Fed. ..
In conclusion,
it is evident that Ben Bernanke is failing his mandates. We believe it
must come down to one of the following reasons:
1.
Bernanke does not know how to achieve his mandates;
2.
The policy tools employed don’t work;
3.
He does not have the ability to implement policies that would work;
4.
He is not trying to achieve his mandates;
5.
He has goals other than his legal mandates;
6.
He does not look at the data, and believes he is succeeding.
Matt Marcewicz
& Robert Barone, Ph.D.
.. ‘
Drudgereport: UPDATE:
Arrest made in black-mob attack on whites...
Romney team
sees path to winning presidency…{Indeed!
Congratulations President Romney and First Lady Ann!} ...
Americans
flee banks for home safes {Sounds like a
plan!}...
Young
Italians flock to become shepherds...
Spain's
poorest region suffers 32% unemployment...
Student's
ordeal in DEA jail sparks outrage...
Chinese
Activist Makes Plea to U.S. Congress...
Obama under
fire... {While there’s plenty of deserved criticism for wobama, on a
multitude of issues, and should indeed be voiced by a multitude of people;
smith of pervasively corrupt, mob infested/controlled jersey is not one to be
doing the criticizing. As with america generally, there is certainly nothing
positive that can be said of the sordid state of new jersey!}
BLIND CHINESE ACTIVIST: THE PERFECT NEW
AMERICAN CITIZEN – DOESN’T KNOW ANYTHING ABOUT AMERICA AND HE IS BLIND! US Using
Staged “Blind Activist” Stunt For Leverage Ahead of Talks
Prisonplanet.com
Why Is It
Necessary For The Federal Government To Turn The United States Into A Prison
Camp?
http://albertpeia.com/usprisoncamp.htm
{ I really must say that this is a tough one because
the vast majority of
americans are inherently criminal, with the highest crime rates in the world
among the so-called ‘civilized’ nations (you can’t count the niggers of
sub-saharan africa as civilized, and there’s no question but that the niggers
have disproportionately skewed the american crime rates, particularly violent
crimes, higher); including, from my direct observation and experience, that
within all three branches of the u.s. government. Indeed, the (should be
prison) inmates are running this asylum called america. The reality is that
there are so many americans that are not in jail who
should be in
jail, it’s difficult to avoid these harsh third world
measures in what
has essentially become a third world nation overrun by
the most sordid, despicable criminals one can imagine.
They must really prosecute the biggest criminals including the oligarchs as,
ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat
offenders, etc., without exception. The problem with america is not the
terrorist threat from without, but rather the plethora of inherently criminal
americans within. Moreover, the corruption is pervasive and systemic.
Unfortunately, crime pays in america and pays well; and, God help you if you
try to live within the law and get in their way or potentially cost them money
or some of their illegal business because no one else will. There’s criminal
control at all levels of american society. That’s the problem; with the
relatively few non-criminally inclined, criminal by complicity inasmuch as
americans are for the most part gutless cowards who go along to get along along
with a million other excuses, not the least of which is ‘the price was right’.
That’s reality! That said, it’s the ‘for or agin’ me primitive mentality that
pervades the u.s. government, ‘thought police’, arbitrary powers of detainment,
abrogation of first admendment rights, internet intrusion/censorship, arbitrary
enforcement of the law, etc., that is and I find particularly appalling,
counter-productive, and regressive. There is an element of projection, given some of the evil
things the government has done abroad; blowback being not entirely out of the
realm of possibility which ultimately is the sad consequence of the worst of
human nature which is invariably inclined to go too far in the worst way. The
sad fact is that as with any banana republic, the governmental powers that be
go to whatever nefarious lengths necessary (control by whatever means, at some
level) to unreasonably maintain their access to undeserved power, money,
resources, luxuries, etc., invariably
to the detriment of the vast majority as is so here in america today. There are
very few positive things that can be said of america today. I, for one, cannot
think of any at all!
[ ‘america, love it or leave it’? Love it?
Truth be told, I don’t even like america!
See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia/americangovernmentdrugtrafficking.htm http://albertpeia/americascorruptiondrugtrade.htm ] }
New Obama Executive Order
Pushes Us Closer To A North American Union And A One World Economic Systemhttp://albertpeia.com/wobamaexecorderforoneworldgovernment.htm
{ The truly astounding thing here is that
without exception, these respective nations, from largest to smallest, can’t
even manage themselves, their own nations properly, efficiently; and then
there’s the inevitable corruption, ‘bigger and better?’. Come on! More
obfuscation! In a world such as this, human nature being what it is, ‘bigger is
definitely not better’! They’re pushing on a string! Time for accountability!
Time to pay the piper! Additionally, people must come to grips with the reality
that wobama hasn’t the slightest idea what he’s doing; hence, the
over-vacationed teleprompter reader whose ‘handlers’ have literally taken over
policy, with some ‘slick’ maneuvering to try and repackage him; ultimately to
no avail inasmuch as his disastrous results at home and abroad speak volumes.
If only he had done what he said he was going to do last campaign, this nation
and the world would have been in a better position today! } , Military Winning War Over
Pensions Bruce Krasting
05/02/2012 Why is the Military Retirement Fund
exploding higher? http://albertpeia.com/militarypensiondebacle.htm
, This Is the First Time In
History that All Central Banks Have Printed Money at the Same Time … And
They’re Failing Miserably Washington’s Blog | Simultaneous Global
Printing Is Failing Miserably. Why New York Times Economist
Paul Krugman Is Partly Right But Mostly Wrong http://albertpeia.com/nyteconomistkrugmanwrong.htm , NBER's Martin Feldstein Bashes
The Deplorable US Economy, Says Bernanke Has Engineered Another Stock Bubble
Tyler Durden 5-2-12 , Hugh Hendry On Europe
"You Can't Make Up How Bad It Is" , Biderman Makes Friends:
"Bankers Are As Dumb As Politicians" , Guest Post: 3 Likely Triggers
Of The Next Recession Durden [ We’re already in a (continued) recession,
stupid; actually, depression. { Financial Crisis Phase II Is
Ahead at Forbes Bert Dohmen ‘ In late
2007, I wrote the book Prelude To Meltdown, predicting the global
crisis that occurred the following year. I now see a similar confluence
of events .. “the new recession has started.”… Over the past 33 years, we have
called the start of every recession..Currently, the GDP deflator is 1.8%, which
hardly reflects the true rise in prices. Therefore, what is counted as
“growth,” is actually price increases. Actual inflation..is now more than 11%.
Using that to adjust GDP for inflation, would show that the economy is now in a
very sharp contraction…’ } ] , Zuckerman To CNBC: "The
Recession Never Ended" Everyone's favorite perma-bullish
stand-in for Cramer, Fast Money's Scott Wapner,
seemed lost for words when Boston Properties CEO Mort Zuckerman laid down some
basic truthiness on the state of the US economy "We have the most
stimulative fiscal and monetary policy in the history of this country and here
we are three years into the recession and it's not
ended. I think we may be heading for an even weaker economy this year than
people expect." The righteous REIT ruler went on to note that it
is not just the US but Europe (ridiculously high unemployment rates) where he
analogizes (rather picturesquely) that it reminds him of "the man who
jumps off a 25-story building and as he's hurtling by the sixth floor he says
'don't worry, nothing has happened yet'." Wapner is silenced and changes
the topic as we suspect he is stunned at the honest sentiment given the nominal
three-year-highs in REIT indices. Truth is indeed stranger than fiat-fiction
Military Winning War Over
Pensions Bruce Krasting
05/02/2012 Why is the Military Retirement Fund
exploding higher? http://albertpeia.com/militarypensiondebacle.htm { Bubbles, bubbles everywhere; and, though
aware, they show not even a care. This is all steeped in political desperation
which will manifest in collapse as the respective bubbles burst as they always
do, particularly on fraudulent wall street. Will you be holding their bag? }
Washington’s Blog |
Simultaneous Global Printing Is Failing Miserably.
Durden on 05/02/12
That the market is merely yet another transitory
sugar high bubble creation of the Chairsatan and his central planning
colleagues in various marble buildings around the world is no surprising to
anyone, at least not anyone who maintains a pretense of objectivity, is not
desperate to sell a weekly newsletter, and has a frontal lobe. What however is
not only surprising, but outright shocking, is that such embedded members of
the aristocratic status quo elite as Martin Feldstein - a professor of
economics at that bastion of Keynesianism Harvard as well as president emeritus
of the NBER - the folks who tell us when recessions start and end, are starting
to get it. To wit: "The economy is slow and weak. We are
not doing very well. The economy is just coming along at a snail's pace. The
first quarter numbers that we just got last week were not very good at
all" and warns "if we are going to see that jump in taxes,
that is going to push the economy next year into a serious recession"
but the punchline: "The stock market is, I think, responding to
the Fed. I think the real danger is that this is a bubble in the stock market
created by low long-term interest rates that the Fed has engineered....The
danger is, like all bubbles, they burst at some point" Well,
uh... if it is now common knowledge that everything is manipulated, and that
the economy is collapsing, and would be outright imploding if it weren't for
the Fed's goosing of the stock market, does that mean it is time for Zero Hedge
to hang up our hat?
Why New York Times Economist
Paul Krugman Is Partly Right But Mostly Wrong http://albertpeia.com/nyteconomistkrugmanwrong.htm { Keep in mind: America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’,
Then there’s this We Are in Age of ‘Late Great
Depression’: Shiller CNBC.com | The world is in a state of
“late Great Depression,” well-known economist and author Robert Shiller told
CNBC Monday. [ Indeed we are! And, one for which there’s no historical
comparison in terms of magnitude; nor will there be a retracement / coming back
from this one owing to huge frauds, excessive fiat paper money printing, an
enormous fraudulent bubble, and a time constraint that precludes same, along
with insurmountable debt. ] }
Durden
[ We’re already in a (continued) recession, stupid; actually,
depression. { Financial Crisis Phase II Is
Ahead at Forbes Bert Dohmen ‘ In late
2007, I wrote the book Prelude To Meltdown, predicting the global
crisis that occurred the following year. I now see a similar confluence
of events .. “the new recession has started.”… Over the past 33 years, we have
called the start of every recession..Currently, the GDP deflator is 1.8%, which
hardly reflects the true rise in prices. Therefore, what is counted as
“growth,” is actually price increases. Actual inflation..is now more than 11%.
Using that to adjust GDP for inflation, would show that the economy is now in a
very sharp contraction…’ } ]
BLIND CHINESE ACTIVIST: THE PERFECT NEW
AMERICAN CITIZEN – DOESN’T KNOW ANYTHING ABOUT AMERICA AND HE IS BLIND!
April 30th, 2012
April 29th, 2012
April 28th, 2012
http://theeconomiccollapseblog.com
http://albertpeia.com/usprisoncamp.htm
{ I really must say that this is a tough one because
the vast majority of
americans are inherently criminal, with the highest crime rates in the world
among the so-called ‘civilized’ nations (you can’t count the niggers of
sub-saharan africa as civilized, and there’s no question but that the niggers
have disproportionately skewed the american crime rates, particularly violent
crimes, higher); including, from my direct observation and experience, that
within all three branches of the u.s. government. Indeed, the (should be
prison) inmates are running this asylum called america. The reality is that
there are so many americans that are not in jail who
should be in
jail, it’s difficult to avoid these harsh third world
measures in what
has essentially become a third world nation overrun by
the most sordid, despicable criminals one can imagine.
They must really prosecute the biggest criminals including the oligarchs as,
ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat
offenders, etc., without exception. The problem with america is not the
terrorist threat from without, but rather the plethora of inherently criminal
americans within. Moreover, the corruption is pervasive and systemic.
Unfortunately, crime pays in america and pays well; and, God help you if you
try to live within the law and get in their way or potentially cost them money
or some of their illegal business because no one else will. There’s criminal
control at all levels of american society. That’s the problem; with the
relatively few non-criminally inclined, criminal by complicity inasmuch as americans
are for the most part gutless cowards who go along to get along along with a
million other excuses, not the least of which is ‘the price was right’. That’s
reality! That said, it’s the ‘for or agin’ me primitive mentality that pervades
the u.s. government, ‘thought police’, arbitrary powers of detainment,
abrogation of first admendment rights, internet intrusion/censorship, arbitrary
enforcement of the law, etc., that is and I find particularly appalling,
counter-productive, and regressive. There is an element of projection, given some of the evil
things the government has done abroad; blowback being not entirely out of the
realm of possibility which ultimately is the sad consequence of the worst of
human nature which is invariably inclined to go too far in the worst way. The
sad fact is that as with any banana republic, the governmental powers that be
go to whatever nefarious lengths necessary (control by whatever means, at some
level) to unreasonably maintain their access to undeserved power, money, resources,
luxuries, etc., invariably to the
detriment of the vast majority as is so here in america today. There are very
few positive things that can be said of america today. I, for one, cannot think
of any at all! [
‘america, love it or leave it’? Love it? Truth be told, I don’t even
like america! See,
ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia/americangovernmentdrugtrafficking.htm http://albertpeia/americascorruptiondrugtrade.htm ] }
Obama Should ‘Remove Eric
Holder’ and ‘Just Come Clean’ on Fast and Furious, Says Rep. Steve King
CNSNews.com | “If I
were the president of the United States, I would find a way for Eric Holder to
step down, and it would be characterized as a firing,”
Trail of Death: Breitbart
Coroner Turns Up Dead, Arsenic Poisoning Suspected
Patrick Henningsen | Another
dead body turns up in LA, this time it’s a veteran coroner technican connected
to the Andrew Breitbart case.
http://albertpeia.com/95percentofjobslostmiddleclass.htm
http://albertpeia.com/21unansweredquestions.htm
BIN LADEN WAS ALREADY DEAD http://albertpeia.com/binladenwasalreadydead.htm
Bin Laden: Everyone Is Missing the Big Picture
: George Washington : 04/30/2012
We Are in Age of ‘Late Great
Depression’: Shiller CNBC.com | The world is in a state of
“late Great Depression,” well-known economist and author Robert Shiller told
CNBC Monday. [ Indeed we are! And, one for which there’s no historical
comparison in terms of magnitude; nor will there be a retracement / coming back
from this one owing to huge frauds, excessive fiat paper money printing, an
enormous fraudulent bubble, and a time constraint that precludes same, along
with insurmountable debt. ]
In one of the most complete documentaries undertaken
on the financial crisis, PBS Frontline's "Money,
Power, & Wall Street" series stretches from the origins of
the credit derivative business with a bikini-clad pool-side Blythe
Masters and her JPMorgan colleagues to the scary (but absolutely true) fact
that the financial crisis never ended. The four-part series (of which
we present the first two below) continues tonight at 730ET and the entire set
of 20 in-depth interviews with the various players (from Sheila Bair to Rodgin
Cohen with a smattering of Jared Bernstein and Dick Fisher in between)
can be found here. A must-watch
series from beginning to end to get a grasp of how we got here (despite what
Chairman Greenspan told us all this morning), where exactly we are now (in
spite of today's FTMFW ISM print), and what we can expect in the next few
years.
http://albertpeia.com/95percentofjobslostmiddleclass.htm
{ There should be no surprise here; especially in light of
specific government policies that made some insiders filthy rich, and as
well, the bailouts that helped the
banksters among other frauds at the expense of ‘the many’. }
http://albertpeia.com/21unansweredquestions.htm
{These are 21 for sure; yet, if it was only 21,
there’d be at least a semblance of hope. New study: High U.S. debt
levels could mean a quarter century of weak growth (The American
Enterprise Institute) [ That’s optimistic; and towards the end there at best!
Remember: Decades at Best! ] , Total US Debt Soars To 101.5%
Of GDP Tyler Durden on
05/01/2012 }
5-01-12 Drudgereport: MILBANK: Preezy making me queasy... ‘campaigner in chief…The
preezy of the United Steezy is making me queasy…According to statistics
compiled for a book to be published this summer, the president has already set
a record for total first-term fundraisers — 191 — and that’s only through March
6. Measured in terms of events that benefit his reelection bid, Obama’s total
(inflated in part by relaxed fundraising rules) exceeds the combined
total of George W. Bush, Bill Clinton, George H.W. Bush, Ronald Reagan and
Jimmy Carter… “Not everything should be subject to thinking about the next
election instead of thinking about the next generation,” Obama said of the
Republicans. “Not everything should be subject to politics.” [ Typical nigger
jive-talk / b***s***! ] ‘He should follow his own advice.’ … [ Bravo Mr.
Milbank. And, don’t worry … wobama the b for b***s*** is done! It’s great to
see Mr. Milbank finally walk in the light! ]
SEALS SLAM OBAMA FOR MAKING IT POLITICAL
GOP SEN: 'Shame on Barack Obama'...
FLASHBACK: Obama '08 Accused Clinton of Using Terror
Leader To 'Score Political Points'...
CHICAGOLAND: Teacher tells students NRA wants 'porch
monkeys' to die…[Sounds like a plan!]...
BIN LADEN WAS
ALREADY DEAD
Bin Laden: Everyone Is Missing
the Big Picture
http://albertpeia.com/binladenwasalreadydead.htm
: George Washington : 04/30/2012
Campaign ad says Romney wouldn't have ordered raid to
kill Osama bin Laden … [Coulda…Woulda…If wobama’s grandmother had wheels she’d
have been a trolley car…There’s documentation from reliable military sources
that the ‘staged event’ for political capital at a time wobama was generating
record low polling numbers did not in reality result in Osama’s death – there
are also varying views, from already dead, body on ice and reason for quick
burial at sea, etc., see infra ]... http://albertpeia.com/binladendeadandonicesince2001.htm
“Bin Laden” Heroes Probably
Murderered to Keep Them Quiet ...
Gordon Duff Veterans Today
...
Read full
article ‘ http://albertpeia.com/binladendeadandonicesince2001.htm
4-30-12 22 Signs That The Collapsing
Spanish Economy Is Heading Into A Great Depression http://albertpeia.com/22signsspainheadingintogreatdepression.htm
, Dave’s Daily:
http://www.etfdigest.com MARKET LIMPS INTO MAY 4-30-12 , The Secrets of the Spanish
Banking System That 99% of Analysts Fail to Grasp http://albertpeia.com/spainbanksystemsecrets.htm
, What Do California And Detroit
Have In Common? http://albertpeia.com/californiadetroitdeclineincommon.htm
Durden
{ Rosenberg gets this right; and, even far worse on the horizon! }
Few have been as steadfast in their correct call
that the US economy sugar high of the first quarter was nothing but a
liquidity-driven, hot weather-facilitated uptick in the economy, which has now
ended with a thud, as seen by the recent epic collapse in all high-frequency
economic indicators, which have not translated into a market crash simply
because the market is absolutely convinced that the worse things get, the more
likely the Fed is to come in with another round of nominal value dilution.
Perhaps: it is unclear if the Fed will risk a spike in inflation in Q2
especially since as one of the respondents in today's Chicago PMI warned very
prudently that Chinese inflation is about to hit America in the next 60 days.
That said, here are some of today's must read observations on where we stand
currently, on why 1937-38 may be the next imminent calendar period deja vu, and
most importantly, the fact that Rosie now too has realized that the next credit
bubble is student debt as we have been warning since last summer.
http://theeconomiccollapseblog.com
http://albertpeia.com/22signsspainheadingintogreatdepression.htm
{ They’re not called
PIIGS for naught; yet, naught is what their spendthrift policies have wrought.
Actually, worse than naught since their horrendous policies which parallel
those in america have dug a hole so deep, there’s no climbing out with collapse
assured thereby. The Secrets of the Spanish
Banking System That 99% of Analysts Fail to Grasp April 29, 2012 By gpc1981 http://gainspainscapital.com http://albertpeia.com/spainbanksystemsecrets.htm
Drudgereport: 4-30-12 BARACK BIZARRE: PRESIDENT JOKES ABOUT EATING DOGS?
'What's the difference between hockey mom and pit
bull? A pit bull is delicious'...
20 years after LA Riots, 22 murders remain
unsolved...
SHOCK CLAIM: No housing rebound 'for a generation'...
PAPER: Obama's new slogan has long socialist past...
Farrakhan: Joining U.S. Military Is Fighting 'for the
Enemy'..
WIRE: Obama Fails to Stem Middle-Class Slide He
Blamed on Bush...
Jon Lovitz scorches Obama again: 'President lying to
get votes'...
SEALS SLAM OBAMA FOR MAKING IT POLITICAL
GOP SEN: 'Shame on Barack Obama'...
FLASHBACK: Obama '08 Accused Clinton of Using Terror
Leader To 'Score Political Points'...
CHICAGOLAND: Teacher tells students NRA wants 'porch
monkeys' to die…[Sounds like a plan!]...
Campaign ad says Romney wouldn't have ordered raid to
kill Osama bin Laden … [Coulda…Woulda…If wobama’s grandmother had wheels she’d
have been a trolley car…There’s documentation from reliable military sources
that the ‘staged event’ for political capital at a time wobama was generating
record low polling numbers did not in reality result in Osama’s death – there
are also varying views, from already dead, body on ice and reason for quick
burial at sea, etc., see infra ]... http://albertpeia.com/binladendeadandonicesince2001.htm
“Bin Laden” Heroes Probably
Murderered to Keep Them Quiet ...
Gordon Duff Veterans Today
FLASHBACK:
Eyewitness to OBL Raid Saw Helicopter Explode (TRANSCRIPT) [ As
indicated on this albertpeia.com website, I didn’t buy the administration’s
desperate and politically opportunist Osama event and still don’t buy it; and
further, I believe this! ]Veterans Today | TRANSCRIPT of
critical interview with Pakistani eyewitness to Bin Laden raid. Is this the key
to SEAL Team 6′s demise?
“Bin Laden”
Heroes Probably Murderered to Keep Them Quiet Gordon Duff
Veterans
Today August 7, 2011 | Some Possibly Killed in Abbottabad Helicopter
Crash Months Before. [ As indicated on this albertpeia.com website, I didn’t
buy the administration’s desperate and politically opportunist Osama event and
still don’t buy it; and further, I believe this! ] Today 31 NATO troops, 20 of
them Navy Seals from the Osama bin Laden operation died in what is reported as
a helicopter crash in Afghanistan.
‘The chance of
this story being true is almost nil. The chances of this being a staged coverup
is over 80%. We believe these people were murdered to silence them. This is
why.
We have solid
information on two areas:
This gave the US several areas of severe
vulnerability. Generally, Navy Seals are the best people in the world at
keeping their mouths shut, these are real team players, as the term “Seal Team”
belies.
Petraeus is a possible presidential contender and had
to be denied this “gift from heaven,” a fast track to the oval office for sure.
Again, I
remind you, I went over specific meetings on bin Laden with his handlers,
getting every last detail. I have watched what has gone on, the continuing need
to vilify a long dead top CIA operative to provide residual cover for the Bush
administration…
The reason?
Bush and his cronies are all facing charges of war crimes, not just in minor
jurisdictions but heading for the ICC, putting them on the dock with Gaddafi (
a far less harmful character).
...
Read full
article ‘ http://albertpeia.com/binladendeadandonicesince2001.htm
Sarkozy on defensive in bitter final election
battle...
Unease grows...
'The Merkozy era is over'...
’The
human capacity for self-delusion truly is remarkable. Most people out
there end up believing exactly what they want to believe even when the truth is
staring them right in the face. Take the U.S. economy for example.
Barack Obama wants to believe that his policies have worked and that the U.S.
economy is improving. So that is what he is telling the American
people. The mainstream media wants to believe that Barack Obama is a good
president and that his policies make sense and so they are reporting that we
are experiencing an economic recovery. A very large segment of the U.S.
population still fully supports Barack Obama and they want to believe that the
economy is getting better so they are buying the propaganda that the mainstream
media is feeding them. But is the U.S. economy really improving?
The truth is that it is not. The rate of employment among working age
Americans is exactly where it was two years ago and household incomes have
actually gone down while Obama has been president. Home ownership levels
and home prices continue to decline. Meanwhile, food and gasoline
continue to become even more expensive. The percentage of Americans that
are dependent on the government is at an all-time record high and the U.S.
national debt has risen by more than 5 trillion dollars under Obama. We
simply have not seen the type of economic recovery that we have seen after
every other economic recession since World War II. The horrible statistics
about the U.S. economy that you are about to read are not talked about much by
the mainstream media. They would rather be "positive" and
"upbeat" about the direction that things are headed. But lying to the
American people is not going to help them. If you are speeding in a car
toward a 500 foot cliff, you don't need someone to cheer you on. Instead,
you need someone to slam on the brakes. The cold, hard reality of the matter is
that the U.S. economy is in far worse shape than it was four or five years ago.
We have never come close to recovering from the last recession and another one
will be here soon. The following are 25 horrible statistics about the U.S.
economy that Barack Obama does not want you to know.... 1-25
Durden
[ And, not just social security. Don’t forget; on top of all the
demographic problems is the inevitable, unwavering, unequivocal fact that the
nation’s pervasively corrupt and defacto bankrupt. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’.
http://albertpeia.com/anddebtslaveryforall.htm
]
The Social Security Administration made an alarming
announcement recently that they will exhaust their funding capability by 2033
which was several years earlier than originally projected. As millions of baby
boomers approach retirement more strain is put on the fabric of the Social
Security system. The exact timing of this crunch is less important than
its inevitability. The problem that Social Security has is "real"
employment. I say "real" employment simply to sidestep
the ongoing arguments about the validity of government employment survey's from
the Bureau of Labor Statistics. The Federal Government receives income from the
Social Security "contribution" from employee's paychecks. Social
security "contributions" have decreased sharply by almost $70 billion
from its peak. This is due to two factors. The first is that the
number of "real" employees, while growing, is in lower income
producing and temporary jobs. The second factor is that a larger
share of personal incomes is made up of government benefits which does
not affect social security contributions. The entire social support
framework faces an inevitable conclusion and no amount of wishful thinking will
change that.
(California
had 9 out of the 10 worst metro areas for employment in the nation) http://www.washingtonpost.com/business/economy/10-metro-areas-with-highest-unemployment-rates/2011/09/07/gIQAUjKqLL_gallery.html#photo=2
Wobama Desperation in Light of his
Failure – Corruption, Lies, and Intimidation…Drudgereport: 4-27-12 PLUNGE: GROWTH FALLS TO 2.2%...
BIG DROP FROM 4Q'S 3.0%...
ANALYSTS PREDICTED 2.6%...
U.S. Firms Add Jobs, but Mostly Overseas...
Falling home prices drag new buyers under water...
Homeownership Hits Decade Low...
Spanish unemployment hits record 24.4%...
Republicans prepare contempt citation against
Holder...
'Obama attempts to intimidate contributors to
Romney's campaign'... http://albertpeia.com/obamaattemptsintimidationofcontributorstoromney.htm
OBAMA SPIKES FOOTBALL -- AGAIN!
GOP SEN: 'Shame on Barack Obama'...
FLASHBACK: Obama '08 Accused Clinton of Using Terror
Leader To 'Score Political Points'...
CHICAGOLAND: Teacher tells students NRA wants 'porch
monkeys' to die…[Sounds like a plan!]...
Campaign ad says Romney wouldn't have ordered raid to
kill Osama bin Laden … [Coulda…Woulda…If wobama’s grandmother had wheels she’d
have been a trolley car…There’s documentation from reliable military sources
that the ‘staged event’ for political capital at a time wobama was generating
record low polling numbers did not in reality result in Osama’s death – there
are also varying views, from already dead, body on ice and reason for quick
burial at sea, etc., see infra ]... http://albertpeia.com/binladendeadandonicesince2001.htm
“Bin Laden” Heroes Probably
Murderered to Keep Them Quiet ...
Gordon Duff Veterans Today
FLASHBACK:
Eyewitness to OBL Raid Saw Helicopter Explode (TRANSCRIPT) [ As
indicated on this albertpeia.com website, I didn’t buy the administration’s
desperate and politically opportunist Osama event and still don’t buy it; and
further, I believe this! ]Veterans Today | TRANSCRIPT of
critical interview with Pakistani eyewitness to Bin Laden raid. Is this the key
to SEAL Team 6′s demise?
“Bin Laden”
Heroes Probably Murderered to Keep Them Quiet Gordon Duff
Veterans
Today August 7, 2011 | Some Possibly Killed in Abbottabad Helicopter
Crash Months Before. [ As indicated on this albertpeia.com website, I didn’t
buy the administration’s desperate and politically opportunist Osama event and
still don’t buy it; and further, I believe this! ] Today 31 NATO troops, 20 of
them Navy Seals from the Osama bin Laden operation died in what is reported as
a helicopter crash in Afghanistan.
‘The chance of
this story being true is almost nil. The chances of this being a staged coverup
is over 80%. We believe these people were murdered to silence them. This is
why.
We have solid
information on two areas:
This gave the US several areas of severe
vulnerability. Generally, Navy Seals are the best people in the world at
keeping their mouths shut, these are real team players, as the term “Seal Team”
belies.
Petraeus is a possible presidential contender and had
to be denied this “gift from heaven,” a fast track to the oval office for sure.
Again, I
remind you, I went over specific meetings on bin Laden with his handlers,
getting every last detail. I have watched what has gone on, the continuing need
to vilify a long dead top CIA operative to provide residual cover for the Bush
administration…
The reason?
Bush and his cronies are all facing charges of war crimes, not just in minor
jurisdictions but heading for the ICC, putting them on the dock with Gaddafi (
a far less harmful character).
... Read full
article ‘ http://albertpeia.com/binladendeadandonicesince2001.htm
PIMCO's Bill Gross spent a longer-than-soundbite
period discussing QE3, the chance of a US double-dip, and Europe's ongoing
dysfunction with Trish Regan on Bloomberg Television this afternoon. Given more
than his typically limited-to-ten-second thoughts some other media outlets
appear to prefer, the old-new-normal-bond-king believes the Fed will
resist another round of quantitative easing in the short-term but "if
unemployment begins to rise for two-to-three months then QE3 is back on".
Noting that investors should focus on nominal GDP growth tomorrow, he goes on
to dismiss the idea that the US can decouple from a troubled Europe
pointing the political dysfunction between the Germans and the rest as greater
than the polarity between Democrats and Republicans here at home. Preferring to
play a slightly levered long bet on low rates holding for a longer-period, he
like MBS (as we have discussed in the past) but does not see the 10Y
yield dropping precipitously from here though he does echo our thoughts
entirely in his view of the 'flow' being more critical than the 'stock' when it
comes to the Fed's balance sheet and hence the June end-of-Twist may
be a volatile period for all asset classes.
Adding insult to Bayern Munich injury, we just got S&P which did the impossible and cut Spain to BBB+ from A (outlook negative) not on Friday after hours. Kneejerk reaction is a 30 pip drop in EURUSD.
4-26-12 84% of All Stock Trades Are By
High-Frequency Computers … Only 16% Are Done By Human Traders Washington’s Blog | As of 2010, 50-70%
of all stock trades were done by high frequency trading computer algorithms.[
Churning / earning without regard to learning! That money has to come from
someplace; hence, the horrendous economy and jobs picture! ] , Forrester:
Apple is Entering a Long Decline Written by Damon Poeter PC Magazine ‘
At least one analyst is bucking the trend of gushing over Apple. Forrester
Research chief executive George Colony laid out his case in a blog post
Wednesday for why he thinks the company will start looking like just another
tech .. ‘ [ As much as I like Apple, my
first computer, and am glad they survived in a big way, I’m constrained to
agree. Moreover, and I can’t prove this, I believe there to be some ‘soft’
stimulation of the heavily weighted, more bang for the buck, Apple stock by way
of subsidized purchases. Remember those $275,000 per car government purchases,
and the $278,000 cost per stimulus job? What’s $500 per ipad or iphone, etc.,
to a nation hopelessly, insurmountably indebted to the tune of $211 trillion,
especially in their election year desperation. This should in no way be
construed as a slight to Cook; but rather, just the reality there’s a limit to
what one’s willing to pay for fairly common utility. That said, I’d still buy
an IPad since, as with the ipod and the simple technology involved, amazingly,
ultimate competitors as, ie., microsoft with zune, etc., didn’t measure up at
all! I think the IPhone’s totally underwhelming! Contrary to the tenor of the
article, I believe charisma has nothing whatsoever to do with the inevitable
decline ahead; and, not just Apple. Moreover, I believe Apple’s success is a
testament to the pathetic state of american/global technology generally, and
the somewhat ‘curious’ state of the consuming public. The only really ‘big
thing’ has been the internet. And, given time, they’ll mess that up as they’re
so desperately trying to do with all forms of censorship and constraints; just
ask Timothy Berners-Lee Inventor of
World Wide Web Savages Government’s Big Brother Plans http://albertpeia.com/bernersleeantibigbrotherwebintrusion.htm
] , The Family Farm Is Being
Systematically Wiped Out Of Existence In America http://albertpeia.com/familyfarmwipedoutinamerica.htm
Consumer Comfort in U.S. Falls
by the Most in More Than a Year
, Greek Anti-Austerity Vote
Poses Eurozone Danger
, Ireland’s Noonan Says Will Cut
Growth Forecast by Almost Half
{ Yes, all bad news; but, as we all know, the computers (algorithms)
don’t care. 84% of All Stock Trades Are By
High-Frequency Computers … Only 16% Are Done By Human Traders Washington’s Blog | As of 2010, 50-70%
of all stock trades were done by high frequency trading computer algorithms. .[
Churning / earning without regard to learning! That money has to come from
someplace; hence, the horrendous economy and jobs picture! ] }
Forrester:
Apple is Entering a Long Decline Written by Damon Poeter PC
Magazine ‘ At least
one analyst is bucking the trend of gushing over Apple. Forrester Research
chief executive George Colony laid out his case in a blog post Wednesday for
why he thinks the company will start looking like just another tech .. ‘ [ As much as I like Apple, my first
computer, and am glad they survived in a big way, I’m constrained to agree.
Moreover, and I can’t prove this, I believe there to be some ‘soft’ stimulation
of the heavily weighted, more bang for the buck, Apple stock by way of
subsidized purchases. Remember those $275,000 per car government purchases, and
the $278,000 cost per stimulus job? What’s $500 per ipad or iphone, etc., to a
nation hopelessly, insurmountably indebted to the tune of $211 trillion,
especially in their election year desperation. This should in no way be
construed as a slight to Cook; but rather, just the reality there’s a limit to
what one’s willing to pay for fairly common utility. That said, I’d still buy
an IPad since, as with the ipod and the simple technology involved, amazingly,
ultimate competitors as, ie., microsoft with zune, etc., didn’t measure up at
all! I think the IPhone’s totally underwhelming! Contrary to the tenor of the
article, I believe charisma has nothing whatsoever to do with the inevitable
decline ahead; and, not just Apple. ]
‘At least one analyst is bucking the trend of gushing
over Apple. Forrester Research chief executive George Colony laid out
his case in a blog post Wednesday for why he thinks the company will
start looking like just another tech companies within the next four years
unless it finds another "special, magical" leader like Steve Jobs.
Colony's position couldn't be more contrarian. Apple
just reported record March quarter
profits while selling tens of millions of its iPhones, iPads, and
Mac computers. In the past few months, other analysts have been jockeying to
tout Apple's share price, currently at just over $600 per share, for gains past
the $800, $900, and even $1,000 threshold.
But if Apple's riding high now, that's not going to
last, according to Colony.
"Apple will decline in the post Steve Jobs
era," he writes, explaining that Apple under Jobs fit the bill as a
"charismatic organization ... headed by people with the 'gift of
grace'." Succession in such an organization is particularly difficult
because while bureaucratic and traditional organizations have processes and
rituals to elevate new leadership, "[i]n charismatic organizations, the
magical leader must be succeeded by another charismatic—the emotional connection
of employees and (in the case of Apple) customers demands it."
Colony quotes liberally from Max Weber's The
Theory of Social and Economic Organization and Adam Lashinky's Inside
Apple to build his case that Apple will "coast" over the next 24
to 48 months and "then decelerate."
What about the processes Jobs himself put in place at
Apple to ensure that his vision and management style would endure at the
company after he was gone? Apple University and other company initiatives
fostered by Jobs won't do the trick, Colony claims, quoting Weber:
"Charisma can only be awakened and tested, it cannot be learned or
taught."
Colony argues that Jobs' successor, Tim Cook, has a
"legal/bureaucratic approach" to leading Apple that "will prove
to be a mismatch for an organization that feeds off the gift of grace."
Instead of Cook, the company should turn to Jonathan Ive or Scott Forstall to
be CEO, the analyst writes.
If Apple doesn't get another magical charismatic
leader, Colony concludes, it risks turning into Sony after Akio Morita or
Polaroid post-Edwin Land—a company that goes from great to merely good in a few
short years./
Durden
[ And, not just social security. Don’t forget; on top of all the
demographic problems is the inevitable, unwavering, unequivocal fact that the
nation’s pervasively corrupt and defacto bankrupt. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’.
http://albertpeia.com/anddebtslaveryforall.htm
]
The Social Security Administration made an alarming
announcement recently that they will exhaust their funding capability by 2033
which was several years earlier than originally projected. As millions of baby
boomers approach retirement more strain is put on the fabric of the Social
Security system. The exact timing of this crunch is less important than
its inevitability. The problem that Social Security has is "real"
employment. I say "real" employment simply to sidestep
the ongoing arguments about the validity of government employment survey's from
the Bureau of Labor Statistics. The Federal Government receives income from the
Social Security "contribution" from employee's paychecks. Social
security "contributions" have decreased sharply by almost $70 billion
from its peak. This is due to two factors. The first is that the
number of "real" employees, while growing, is in lower income
producing and temporary jobs. The second factor is that a larger
share of personal incomes is made up of government benefits which does
not affect social security contributions. The entire social support
framework faces an inevitable conclusion and no amount of wishful thinking will
change that.
(California
had 9 out of the 10 worst metro areas for employment in the nation) http://www.washingtonpost.com/business/economy/10-metro-areas-with-highest-unemployment-rates/2011/09/07/gIQAUjKqLL_gallery.html#photo=2
Drudgereport:
More Americans Than Projected File Jobless Claims...
Employers add just 120,000 jobs; lowest since October...
POLL: Young People May Not Bother to Vote for
Obama... { Yeah, come on! Smart (if they don’t)! As a matter of
self-respect, how could they possibly vote for wobama the b for b***s***. Sure,
that disingenuous smile/spiel; the feigned understanding, ‘shared pain’;
then…just the opposite or nothing at all! Wobama’s an incompetent fraud who’s
made things worse for young people everywhere! }
REPORT: Michelle's Spanish Vacation Cost Taxpayers
$467,585 [moochell … how typical … and
as always, though contraindicated, in your face, tauntingly so! They’re just
typical blacks who come november, will indeed be packing and gone by
innauguration or sooner which is not soon enough. ] ...
Blue collar Dems jealous, angry over lavish
vacations...
'Fantasy' is to walk out WH 'and just keep walking' [
That wish is granted! Start packing! ] ...
Says she won't run for president...
MOST UNPOPULAR GOV'T IN 15 YEARS
America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’.
http://albertpeia.com/anddebtslaveryforall.htm
(California
had 9 out of the 10 worst metro areas for employment in the nation) http://www.washingtonpost.com/business/economy/10-metro-areas-with-highest-unemployment-rates/2011/09/07/gIQAUjKqLL_gallery.html#photo=2
The $5 Trillion
Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 CNSNews.com | Since Barack Obama took
the oath of office as president of the United States, the federal government’s
debt has increased by $5,027,761,476,484.56. – That’s more than all the Presidents since
President Eisenhower combined. This
obfuscating failure and incompetence of wobama the b for b***s*** was stated
another way just this past day; viz., obama has increased the deficit (now
insurmountable) by more than all the presidents of the nation through clinton
combined! Furthermore, wobama’s not a ‘nice person’. THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Just As Predicted, Initial
Claims Miss Huge, Yet Magically Improve Durden [ It is indeed quite pathetic how, even with
their fudged data, they try to manipulate the spin as pointed out by the astute
at ZeroHedge.com immediately hereafter. ] Recall
what we said less than an hour ago:
"what will most likely happen is a print in the mid to upper 380,000s,
while last week's number will be revised to a 390K+ print, allowing the media
to once again declare that the number was an improvement week over week. In
other words, SSDD." SSDD it is: last week's 386K number was revised to
389K, meaning the massive miss relative to expectations of 370K last week just
got even worse. This is the 10th week in a row of misses to the
weaker side and the 16th of the last 18. And
while this week's miss was whopping as usual, with expectations of 375K being
soundly missed after the print came at 388K on its way back to 400K, the media
can sleep soundly because the absolute lack of BLS propaganda means that the
sequential progression is one of, you got it, improvement. In other words here
is what the headlines in the Mainstream Media will be: "Initial claims
improve over prior week." In fact here it is from Bloomberg: "U.S.
Initial Jobless Claims Fell 1,000 to 388,000 Last Week." ..No propaganda.
No data fudging. No manipulation at all. Just endless
laughter at the desperation. , What Costs How Much, Where?
Presenting The "Apple Index" 4-25-12 , March Durable Good Implode,
Worse Than Lowest Wall Street Forecast And Biggest Drop Since January 2009
, FOMC's Bag Of Tricks Is
Empty... For Now - Full Statement Redline
22 Red Flags That Indicate
That Very Serious Doom Is Coming For Global Financial Markets http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htm [ Very serious doom indeed, even as the
market’s rallying as I write this with ‘HFT Algo’s gone wild’ with their 1
trick pony, Apple beating more modest estimates with lower guidance
prospectively. I hate to rain on any parade but across the board, much lower
guidance is in order! ]
‘If you enjoy watching financial doom, then you are
quite likely to really enjoy the rest of 2012. Right now, red flags are
popping up all over the place. Corporate insiders are selling off stock
like there is no tomorrow, major economies all over Europe continue to implode,
the IMF is warning that the eurozone could actually break up and there are
signs of trouble at major banks all over the planet. Unfortunately, it
looks like the period of relative stability that global financial markets have
been enjoying is about to come to an end…’
http://albertpeia.com/shillingsaysstockswillplunge43percent.htm , http://albertpeia.com/ecricallsrecession.htm , ‘Massive Wealth Destruction’ Is About to Hit Investors: Faber http://albertpeia.com/massivewealthdestructionabouttohit.htm , RICHARD RUSSELL: A Massive Stock Market Collapse Will Wipe Out 60 Years Of Inflation And Leveraging Business Insider , http://albertpeia.com/22signsglobalrecessiondepression.htm , The 15 Trillion Dollar Party http://albertpeia.com/bankruptamericadestroyingthefuture.htm , Failed Wobama model illustrated: 16 Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm , No Housing Recovery Until 2020 In 5 Simple Charts http://albertpeia.com/nohousingrecoveryuntil2020in5charts.htm Durden , The Mother Of All Infographics: Visualizing America's Derivatives Universe http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm , Fasten Your Seatbelts: High Frequency Trading Is Coming To The Treasury Market [ http://albertpeia.com/highfrequencytradingcomingtotreasuries.htm
April 23, 2012 By gpc1981 http://gainspainscapital.com
[ http://albertpeia.com/germanyplanb.htm ]
US home prices drop for 6th
straight month USAGold.com
Apr 24th, 2012 07:39 by News
{ Yes, it’s all that bad and worse. Don’t forget,
pervasively corrupt and defacto bankrupt, they and wobama the b for b*** are
obfuscating the reality of just how bad, by spending money they don’t have,
because this is an election year. http://albertpeia.com/caseshillerhousingchart42412.jpg America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’ Chimps Throwing Poop And 29
Other Mind Blowing Ways That The Government Is Wasting Your Money http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm }
Leading neoconservative (read “closet Trotskyite“) commentator Charles
Krauthammer’s latest Washington Post editorial pays homage to the glory days of
NASA and the retirement of the space shuttle Discovery. Titled “Farewell, the New Frontier,”
the piece evokes mental images of Uncle Sam losing his international prestige
as President Obama scales down NASA’s space exploration endeavors. Contrary
to Krauthammer, NASA has never represented America’s collective vision of
frontier exploration. It has been just another bureaucratic
black hole for Washington to throw dollars at in hopes of buying
reelection. Because one of the main tenets of economics is considering the
unseen, then it can be assumed that space exploration would very well be
advanced far beyond what we see today if it was left completely out of the
hands of the state. If Krauthammer truly wished the human race
capable of traveling into the new frontier of the stars, he would welcome NASA
cuts rather than lament. How ironic then is today's news of Planetary Resources
as investor and avowed anarchist
Doug Casey thoughtfully observes on the
inefficiency of NASA: "We should have colonies on the moon by now, and
more: We should be mining the asteroids and developing real estate on
Mars."
{ A bit much, to be sure (Casey) … my own position on
this same topic regarding the same WP Editorial:
Krauthammer: Farewell, the New
Frontier (Washington Post) [
I’m frankly a bit surprised, Mr. Krauthammer. I personally have long since
stopped being disappointed; one builds up a tolerance to reality after a time.
Pity? The only pity rationally should be the new frontier of rational,
civilized behavior on terra ferma, aka earth. Not that it matters mind you,
given the decades at best constraint. Then, rationality counting, there’s those
other more earthy constraints called debits and credits, assets and
liabilities, revenues and spending, etc.; and, as is particularly relevant
here, the reality that the nation, as is the world generally as a hole, excuse
me, whole, is defacto bankrupt! America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’).
If I could be
disappointed, Mr. Krauthammer, it would be because you uncharacteristically
sound like a pubescent schoolchild! The ‘space program(s)’ were boondoggles,
plain and simple. Chimps Throwing Poop And 29
Other Mind Blowing Ways That The Government Is Wasting Your Money http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm
Scientists fear end of trips
to Mars They’re worried and angry as the White House won’t commit to
the plan to explore the red planet. (Washington Post) [ Been there, done that
courtesy of Brian DePalma. Why waste money the nation doesn’t have by going
back? After all, the nation is defacto bankrupt. buzz aldrin
wants to colonize Mars … Riiiiight buzzed! Better check with DePalma to see if
he already has the footage in the can since you won’t be able to use the moon
footage for the new boondoggle video ... ‘Mission to Mars’ …
Previous: OBAMA SPEECH
OUTLINES PLANS FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS
LIKE A PLAN … FOR INNER SPACE (IMAGINATION).
Astronauts' tracks, trash seen in new moon photos
[ The easiest thing in the world to contrive (don’t forget they can with some
precision today send robotics to ie., mars, etc.) and doctor so don’t be taken
in by their fraudulent b***s***! They’re probably desperately looking for some
money / budgetary consideration for their continued boondoggles. No man has
ever set foot on the moon to date. As NASA transitions, U.S.
space politics in a state of flux
(Washington Post) [ U.S. space politics? I didn’t know there was such a
thing. But I, and I’m sure all know that ‘u.s. politics are spaced’. Flux? One
could only hope. I’d say, ‘fleeced’; as in we’ve all been fleeced. Sterner: 5 myths about NASA (Washington Post) [ If you can’t get past
the first myth; viz., that they actually set foot on the moon, the other 5
so-called myths become irrelevant. Indeed, post-Eisenhower, and certainly
post-Kennedy-assassination / coup d’etat, NASA was all military / military
industrial complex (moreover, someone knowledgeable about such matters said
essentially that in explaining to my surprise the transition to the shuttle
program it was said there was greater military application in same). In any
event, Russia’s been doing quite a bit of ‘heavy lifting’ vis-à-vis the space
station, but not inordinately so. All I can say with certainty is that the
universe beyond this solar system is forever protected / insulated. The fact
is, they never set foot on the moon; and, in light of the pervasive corruption
in and defacto bankruptcy of the nation, their perpetual wars toward making a
hell on earth militate against anything but trying to do even just a little bit
better (for a start), terrestrially. NASA wants mission to bring Martian rocks to Earth
(AP) Why? They already have that and more: Launch of secret US space ship
masks even more secret launch of new weapon The Militarization of Outer
Space: The Pentagon’s “Space Warriors” Global Research
| It’s not as if things aren’t bad enough right here on planet earth. Now the
Defense Department wants to up the stakes with new, destabilizing weapons
systems that will transform low- and high-earth orbit into another
“battlespace.”
http://theeconomiccollapseblog.com
http://albertpeia.com/usprisoncamp.htm
{ I really must say that this is a tough one
because the vast majority of americans are inherently criminal, with the
highest crime rates in the world among the so-called ‘civilized’ nations (you
can’t count the blacks of sub-saharan africa as civilized, and there’s no
question but that the blacks have disproportionately skewed the american crime
rates, particularly violent crimes, higher); including, from my direct
observation and experience, that within all three branches of the u.s.
government. Indeed, the (should be prison) inmates are running this asylum
called america. The reality is that there are so many americans that are not in
jail who should be in jail, it’s difficult to avoid these harsh third world
measures in what has essentially become a third world nation overrun by the
most sordid, despicable criminals one can imagine. They must really prosecute
the biggest criminals including the oligarchs as, ie., the huge frauds on wall
street, etc., and ‘bury’ the violent repeat offenders, etc., without exception.
The problem with america is not the terrorist threat from without, but rather
the plethora of inherently criminal americans within. Moreover, the corruption
is pervasive and systemic. Unfortunately, crime pays in america and pays well;
and, God help you if you try to live within the law and get in their way or
potentially cost them money or some of their illegal business because no one
else will. There’s criminal control at all levels of american society. That’s
the problem; with the relatively few non-criminally inclined, criminal by
complicity inasmuch as americans are for the most part gutless cowards who go
along to get along along with a million other excuses, not the least of which
is ‘the price was right’. That’s reality! That said, it’s the ‘for or agin’ me
primitive mentality that pervades the u.s. government, ‘thought police’,
arbitrary powers of detainment, abrogation of first admendment rights, internet
intrusion/censorship, arbitrary enforcement of the law, etc., that is and I
find particularly appalling, counter-productive, and regressive. There is an
element of projection, given some of the evil things the government has done
abroad; blowback being not entirely out of the realm of possibility which
ultimately is the sad consequence of the worst of human nature which is
invariably inclined to go too far in the worst way. The sad fact is that as
with any banana republic, the governmental powers that be go to whatever
nefarious lengths necessary (control by whatever means, at some level) to
unreasonably maintain their access to undeserved power, money, resources,
luxuries, etc., invariably to the
detriment of the vast majority as is so here in america today. There are very
few positive things that can be said of america today. I, for one, cannot think
of any at all! [ ‘america, love it or leave it’? Love it?
Truth be told, I don’t even like america!
See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia/americangovernmentdrugtrafficking.htm http://albertpeia/americascorruptiondrugtrade.htm ] }
http://endoftheamericandream.com
http://albertpeia.com/unsoundslikeaplanfordisasterontheway.htm
‘Did you know that the UN has a plan for running the
world and it is right out in the open? It is called "sustainable
development", but it is far more comprehensive than it sounds. The
truth is that the UN plan for running the world would dramatically alter nearly
all forms of human activity…’
Paul Craig Roberts | When did
things begin going wrong in America?
http://albertpeia.com/howlibertywaslost.htm
‘When did things begin going wrong in America?
“From the beginning,” answer some. English colonists,
themselves under the thumb of a king, exterminated American Indians and stole
their lands, as did late 18th and 19th century Americans. Over the course of
three centuries the native inhabitants of America were dispossessed, just as
Israelis have been driving Palestinians off their lands since 1948.
Demonization always plays a role. The Indians were
savages and the Palestinians are terrorists. Any country that can control the
explanation can get away with evil.
I agree that there is a lot of evil in every country
and civilization. In the struggle between good and evil, religion has at times
been on the side of evil. However, the notion of moral progress cannot so
easily be thrown out…’
(California
had 9 out of the 10 worst metro areas for employment in the nation) http://www.washingtonpost.com/business/economy/10-metro-areas-with-highest-unemployment-rates/2011/09/07/gIQAUjKqLL_gallery.html#photo=2
http://albertpeia.com/studentloandebtbubble.htm http://albertpeia.com/anddebtslaveryforall.htm
America’s
debt woe is worse than Greece’s News (CNN) — ‘Our
government is utterly broke. There are signs everywhere one looks…The
government’s total indebtedness is $211
trillion’. The Simple Problems Of Too
Much US Debt Durden http://albertpeia.com/toomuchusdebt.htm
10 Reasons Why The Reign Of
The Dollar As The World Reserve Currency Is About To Come To An End http://theeconomiccollapseblog.com
http://albertpeia.com/10reasonsdollarreservecurrencyending.htm
The Shocking Truth About
Unemployment In America In One Chart http://albertpeia.com/shockingtruthofunemploymentinamerica.htm
Fed likely to stay the course,
even as economic recovery appears mixed Fed not expected to announce
any new actions to boost economy after policy meeting on Wednesday. Wonkblog: Is the Fed fueling a
bond bubble? (Washington Post) [ Stay what course?
Failure? More unaffordable, inflationary QE for the sake of the frauds on wall
street? … Bond bubble? Not just bonds; but that and any other worthless paper
that can be monetized, securitized, hypothecated, re-hypothecated, an d so on,
ad nauseum, over and over, again and again.
Guest Post: Why Bernanke Has
Failed, And Will Continue To Fail Tyler Durden
New espionage unit to focus on
high-profile targets
(Washington Post) [ Oh come on! Another bureaucratic black hole? They should
focus on themselves. In the final analysis, history will write america as its
own worst enemy that brought itself down from within for the sake of the
military industrial complex as warned against by the great but underrated
President General Eisenhower and the greedy few it serves (including the frauds
on wall street, etc.). Cruisin’ for a bruisin’ consistent with a course set for
losin’, america’s disavowed Dale Carnegie with a national theme akin to ‘How to
Make Enemies and Not Influence People’! That’s domestic and global, attested to
by poll numbers disapproving the u.s. government that are tantamount disavowal,
so bad they are. Chimps Throwing Poop And 29
Other Mind Blowing Ways That The Government Is Wasting Your Money http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm , Failed Wobama model
illustrated: 16 Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm , No Housing Recovery Until 2020
In 5 Simple Charts
http://albertpeia.com/nohousingrecoveryuntil2020in5charts.htm
Durden , The Mother Of All
Infographics: Visualizing America's Derivatives Universe http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm
, Fasten Your Seatbelts: High
Frequency Trading Is Coming To The Treasury Market [ http://albertpeia.com/highfrequencytradingcomingtotreasuries.htm
OPINION | Why America won't go
the way of Europe
(Washington Post) [ Why? Because america’s already there, but printing that
ever more worthless fiat paper currency which Europe has emulated to their
eternal misfortune, their prior experience with Weimar notwithstanding.
America’s per capita debt exceeds that of the worst PIIGS in the poke,
including greece and spain and
america’s total debt is ultimately unserviceably insurmountable. The scenario
here will be ultimately worse and wishing otherwise will not make it not so! Guest Post: Presenting The US
Government’s Infographic Of Its Own Insolvency http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/04/20120420_info1.png , America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’.
, Does The I In IMF Stand For
Idiot? , Guest Post: The Market's
Getting A Wedgie , FoodStamp Nation First and foremost, there
are 46.5 million Americans in the program as of the most recent
information available (January 2012), comprising 22.2 million households.
That’s 15% of the entire population, and just over 20% of all
households. Moreover, despite the end of the official “Great Recession”
in June 2009, over 10 million more Americans have been accepted into the
program since that month, and the year-over-year growth rate for the program is
still +5%.
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
Durden , The Mother Of All
Infographics: Visualizing America's Derivatives Universe http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm
, Fasten Your Seatbelts: High
Frequency Trading Is Coming To The Treasury Market [ http://albertpeia.com/highfrequencytradingcomingtotreasuries.htm
http://endoftheamericandream.com
http://albertpeia.com/anddebtslaveryforall.htm
Mitt Romney: Obama 'nice guy'
we can't 'afford'Apr. 21, 2012 - On Friday, Republican Mitt Romney
addressed a gathering of state GOP chairs and members in Phoenix. He criticized
President Obama, saying “I think he's a nice person, I just don't think we can
afford him any longer.”(Washington
Post) [ I believe this to be the most charitable understatement in the
history of american politics. The $5 Trillion
Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 CNSNews.com | Since Barack Obama took
the oath of office as president of the United States, the federal government’s
debt has increased by $5,027,761,476,484.56. – That’s more than all the Presidents since
President Eisenhower combined. This
obfuscating failure and incompetence of wobama the b for b***s*** was stated
another way just this past day; viz., obama has increased the deficit (now
insurmountable) by more than all the presidents of the nation through clinton
combined! Furthermore, wobama’s not a ‘nice person’. THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
; or those black spokesmen that blacks have rallied around ; how ‘bout your view on this incident http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm
, or these black on white crimes (which is the overwhelming statistical
incidence) http://www.albertpeia.com/whitesvictimizedbyblacks.htm
, http://albertpeia.com/obamaslammedforsilenceonwhitestudentsmurderedbyblack.htm , Drudgereport: 'Mob' beatings at WI state fair... 'Hundreds of young black people beating white
people'... , 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...
Zimmerman defense exposes
weaknesses in case (Washington Post) [ Weak, misguided case indeed. That I find myself on
the same side as Alan Dershowitz is testament to just how weak the
prosecution’s case really is. Of course, rational discourse, and facts for that
matter, or neighborhoods under siege have had no place in this 21st century
version of sharpton/tawana get bwana (as in the ‘Tarzan’ sense as used) noise
trumps all episode. Rather tragic and pathetic, which bespeaks the real
condition of this nation and dark days ahead. Drudgereport: 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…’
The threat of the extreme
right Rants from Ted Nugent and Rep. Allen West exemplify a poison
we can’t ignore. (Washington Post) [
The real poison we can’t ignore giving rise to what some might find offensive
blowback is found no further than the whitehouse and friends of ‘0’. Comment on
farrakhan, Mr. Robinson ( Drudgereport: Farrakhan Warns Whites: 'Unless You
Change, Your End Has Come'…) ; or tyson (Tyson on
Zimmerman: 'It's a disgrace that man hasn't been shot yet' -
Don’t forget, Mr. Robinson, little hoody trayvon was a thief and worse …
I believe Zimmermann.) ; or obama who reminded us that if he had a son, he’d look black like
obama; or the holder/ holder justice department as pointed out by this very
newspaper UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... WP ‘ignore cases that involve black
defendants and white victims ', Panthers Call For Violent
Revolution, Race War, Bloodshed Against ‘Honkies’ (Video) ; or wobama the b for b***s*** whose broken
campaign promises and obfuscating spending are legend , 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 $5 Trillion
Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 CNSNews.com | Since Barack Obama took
the oath of office as president of the United States, the federal government’s
debt has increased by $5,027,761,476,484.56. – That’s more than all the Presidents since
President Eisenhower combined. THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
; or those black spokesmen that blacks have rallied around ; how ‘bout your view on this incident http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm
, or these black on white crimes (which is the overwhelming statistical
incidence) http://www.albertpeia.com/whitesvictimizedbyblacks.htm
, http://albertpeia.com/obamaslammedforsilenceonwhitestudentsmurderedbyblack.htm , Drudgereport: 'Mob' beatings at WI state fair... 'Hundreds of young black people beating white
people'... , 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...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... , etcetera, etc..
·
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.
Krauthammer: Farewell, the New
Frontier (Washington Post) [
I’m frankly a bit surprised, Mr. Krauthammer. I personally have long since
stopped being disappointed; one builds up a tolerance to reality after a time.
Pity? The only pity rationally should be the new frontier of rational,
civilized behavior on terra ferma, aka earth. Not that it matters mind you,
given the decades at best constraint. Then, rationality counting, there’s those
other more earthy constraints called debits and credits, assets and
liabilities, revenues and spending, etc.; and, as is particularly relevant
here, the reality that the nation, as is the world generally as a hole, excuse
me, whole, is defacto bankrupt! America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’).
If I could be disappointed, Mr. Krauthammer, it would
be because you uncharacteristically sound like a pubescent schoolchild! The
‘space program(s)’ were boondoggles, plain and simple. Chimps Throwing Poop And 29
Other Mind Blowing Ways That The Government Is Wasting Your Money http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm
Scientists fear end of trips
to Mars They’re worried and angry as the White House won’t commit to
the plan to explore the red planet. (Washington Post) [ Been there, done that
courtesy of Brian DePalma. Why waste money the nation doesn’t have by going
back? After all, the nation is defacto bankrupt. buzz aldrin
wants to colonize Mars … Riiiiight buzzed! Better check with DePalma to see if
he already has the footage in the can since you won’t be able to use the moon
footage for the new boondoggle video ... ‘Mission to Mars’ …
Previous: OBAMA SPEECH
OUTLINES PLANS FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS
LIKE A PLAN … FOR INNER SPACE (IMAGINATION).
Astronauts' tracks, trash seen in new moon photos
[ The easiest thing in the world to contrive (don’t forget they can with some
precision today send robotics to ie., mars, etc.) and doctor so don’t be taken
in by their fraudulent b***s***! They’re probably desperately looking for some
money / budgetary consideration for their continued boondoggles. No man has
ever set foot on the moon to date. As NASA transitions, U.S.
space politics in a state of flux
(Washington Post) [ U.S. space politics? I didn’t know there was such a
thing. But I, and I’m sure all know that ‘u.s. politics are spaced’. Flux? One
could only hope. I’d say, ‘fleeced’; as in we’ve all been fleeced. Sterner: 5 myths about NASA (Washington Post) [ If you can’t get past
the first myth; viz., that they actually set foot on the moon, the other 5
so-called myths become irrelevant. Indeed, post-Eisenhower, and certainly
post-Kennedy-assassination / coup d’etat, NASA was all military / military
industrial complex (moreover, someone knowledgeable about such matters said
essentially that in explaining to my surprise the transition to the shuttle
program it was said there was greater military application in same). In any
event, Russia’s been doing quite a bit of ‘heavy lifting’ vis-à-vis the space
station, but not inordinately so. All I can say with certainty is that the
universe beyond this solar system is forever protected / insulated. The fact
is, they never set foot on the moon; and, in light of the pervasive corruption
in and defacto bankruptcy of the nation, their perpetual wars toward making a
hell on earth militate against anything but trying to do even just a little bit
better (for a start), terrestrially. NASA wants mission to bring Martian rocks to Earth (AP)
Why? They already have that and more: Launch of secret US space ship
masks even more secret launch of new weapon The Militarization of Outer
Space: The Pentagon’s “Space Warriors” Global Research
| It’s not as if things aren’t bad enough right here on planet earth. Now the
Defense Department wants to up the stakes with new, destabilizing weapons
systems that will transform low- and high-earth orbit into another
“battlespace.”
Tom Davis: Centrist
Republicans, alive and well
(Washington Post) [ Indeed they are; if only as a matter of reality,
pragmatism, and necessity in seeing a nation survive as we once knew it. After
all, there is absolutely no one who could honestly say that wobama the b for
b***s***, who didn’t do what he said he’d do which we now know he should have
done as promised, is an abject, utter failure as president.
Robinson: Which Mitt will we
get? (Washington Post) [ I think the more
important and less speculative question is which con-man obama do we have? Indeed,
there is no speculating about the fact that wobama the b for b***s*** is
without exception, a completely different obama from that personified by the
campaign promises and rhetoric last time around. In fact, except for profligate
spending on top of the already unbalanced fiscal approach of dumbya bush to
obfuscate his abject failure as president, wobama’s continued dumbya’s failed
policies to a ‘t’. Oh sure, you’ll get some of the ‘same old song’ from wobama with the election drawing
nye; nothing of which is even remotely within the possibility of passage, but,
as last time around, it sounds good on the campaign trail. If anything, praise
Mitt for giving Wobama a heads-up by informing him to ‘start packing’. I
thought that was the nice Mitt; and, truth be told, that’s not typical wobama
b***s***! Keep in mind, while being fiscally prudent as Governor; though
politically contraindicated he was compassionate as he deemed necessary for the
benefit of the vast majority in his state which set up this grueling primary
campaign in which he has clearly prevailed.
Just the opposite is true of wobama who despite rhetoric and (broken)
campaign promises, favored ie., the banksters, military industrial complex,
etc..
David Icke, Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| infra ‘...Obama is just more of the same, a
big smile with strings attached, and controlled completely by those that chose
him, trained him, sold him and provided his record funding, kept his many
skeletons under wraps, like the gay sex and crack cocaine .. Larry Sinclair
(from affidavit: 1. Who is Ron Allen that claims to be with your Presidential
camp, who is alleged to claim that someone claiming to represent me called
asking for $100,000, to keep me from coming forward about our (Obama and I)
November 1999 encounter of sex and cocaine use?), ... Obama is just another
Banksters' moll prostituting himself .., and that's why he supported the
grotesque bail-out of the banking system and why he will always put their
interests before the people. His financial advisors are straight from the Wall Street
'A' list, including Paul Adolph Volker
Will: Protecting true
self-government (Washington
Post) [ Oh come on Mr. Will. If anyone in america really cared about
Constitution, true self-government, meaningful rules of law to protect same,
etc., wobama would already have been impeached. http://albertpeia.com/impeachobama.htm
‘...North Carolina Republican Walter Jones’ efforts to bring the administration
to account for launching unconstitutional wars without the authorization of
Congress. Jones’ recently introduced
resolution states that such actions represent “an impeachable high
crime and misdemeanor.”
The five
core reasons for impeachment proceedings to be launched can be summarized as
follows;
1) Despite promising otherwise, Barack
Obama committed U.S. military resources to overthrow Libyan leader Colonel
Gaddafi without any kind of congressional authorization whatsoever and without
citing any evidence that Libya under Gaddafi was a threat to the security of
the United States. Furthermore, Obama brazenly undermined the power of Congress
by insisting his authority came from the United Nations Security Council and
that Congressional approval was not necessary. “I don’t even have to get to the
Constitutional question,” Obama churlishly remarked.
2) On New Years Eve 2011, Obama signed
into law the National Defense Authorization Act which includes provisions that
permit the abduction and military detention without trial of U.S. citizens. Despite
Obama claiming he would not use the provisions to incarcerate U.S. citizens, it
was his administration that
specifically demanded these powers be included in the final NDAA
bill.
3) The passage of the Obamacare
bill, under which Americans will be forced to buy health insurance, is clearly
anathema to the Constitution. “The individual mandate is unprecedented and
exceeds Congress’s power to regulate interstate commerce. If it is allowed to
stand, Congress will be able to impose any kind of economic mandate as part of
any kind of national regulatory scheme,” writes Ilya
Shapiro, a Senior Fellow in Constitutional Studies, Cato Institute.
4) Obama’s role in the economic looting
of America since he took office is unprecedented. Specifically, Obama violated
the Constitution’s Takings and Due Process Clauses when he bullied the secured
creditors of automaker Chrysler into
accepting 30 cents on the dollar while politically connected labor unions and
preferential others received better deals.
5) Finally, Obama’s use of signing
statements shows his desire to continue in the vein of George W. Bush and rule
by executive fiat. This is a direct violation of Article II of the
Constitution…’
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a public-interest
law firm that fights corruption in government. To read Larry
Klayman's
letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW
Chairman Larry Klayman. "His behavior stands in stark contrast to Louis
Freeh, a man
so corrupt he destroyed the office he led, ...
www.freedomwriter.com/issue20/am15.htm
“Louis
Freeh will
finally have to answer in court for what he did to our clients. ... answers,”
stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial
Watch ... My name is Larry Klayman. ... interest group that
investigates and prosecutes government corruption and abuse. ...... They seized his
computer – these are FBI agents at the direction of Louis
Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt behavior, Freeh was placed on Judicial Watch's ...
stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry
Klayman ...
While Judicial Watch has asked FBI Director Louis
Freeh to ....
lawsuits against a corrupt and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH, in his personal capacity; NEIL
GALLAGHER, in his No. ... COUNSEL ARGUED: Larry E. Klayman, JUDICIAL WATCH, INC., Washing-
ton, D.C. ...
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a public-interest
law firm that fights corruption in government. To read Larry
Klayman's
letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW
Chairman Larry Klayman. "His behavior stands in stark contrast to Louis
Freeh, a man
so corrupt he destroyed the office he led, ...
www.freedomwriter.com/issue20/am15.htm
“Louis
Freeh will
finally have to answer in court for what he did to our clients. ... answers,”
stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial
Watch ... My name is Larry Klayman. ... interest group that
investigates and prosecutes government corruption and abuse. ...... They seized his
computer – these are FBI agents at the direction of Louis
Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt behavior, Freeh was placed on Judicial Watch's ...
stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry
Klayman ...
While Judicial Watch has asked FBI Director Louis
Freeh to ....
lawsuits against a corrupt and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH, in his personal capacity; NEIL
GALLAGHER, in his No. ... COUNSEL ARGUED: Larry E. Klayman, JUDICIAL WATCH, INC., Washing-
ton, D.C. ...
America also leads in the illegal drug
trade. In fact, many researchers reveal that the war on drugs is only
utilized to control and monopolize the illicit drug trade. The US
government has been caught multiple times shipping in cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
,
http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels
[ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now
openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In
fact, Global Research points out
that in 2001, “according to UN figures, opium production had fallen to 185
tons. Immediately following the October 2001 US led invasion, production
increased dramatically, regaining its historical levels.” This month,
the U.N. announced
that Afghanistan now provides 93% of the
world’s opium production [
http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons.
Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Robinson: Which Mitt will we
get? (Washington Post) [ I think the more
important and less speculative question is which con-man obama do we have?
Indeed, there is no speculating about the fact that wobama the b for b***s***
is without exception, a completely different obama from that personified by the
campaign promises and rhetoric last time around. In fact, except for profligate
spending on top of the already unbalanced fiscal approach of dumbya bush to
obfuscate his abject failure as president, wobama’s continued dumbya’s failed
policies to a ‘t’. Oh sure, you’ll get some of the ‘same old song’ from wobama with the election drawing
nye; nothing of which is even remotely within the possibility of passage, but,
as last time around, it sounds good on the campaign trail. If anything, praise
Mitt for giving Wobama a heads-up by informing him to ‘start packing’. I
thought that was the nice Mitt; and, truth be told, that’s not typical wobama
b***s***! Keep in mind, while being fiscally prudent as Governor; though
politically contraindicated he was compassionate as he deemed necessary for the
benefit of the vast majority in his state which set up this grueling primary
campaign in which he has clearly prevailed.
Just the opposite is true of wobama who despite rhetoric and (broken)
campaign promises, favored ie., the banksters, military industrial complex,
etc..
David Icke, Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| infra ‘...Obama is just more of the same, a
big smile with strings attached, and controlled completely by those that chose
him, trained him, sold him and provided his record funding, kept his many
skeletons under wraps, like the gay sex and crack cocaine .. Larry Sinclair
(from affidavit: 1. Who is Ron Allen that claims to be with your Presidential
camp, who is alleged to claim that someone claiming to represent me called
asking for $100,000, to keep me from coming forward about our (Obama and I)
November 1999 encounter of sex and cocaine use?), ... Obama is just another
Banksters' moll prostituting himself .., and that's why he supported the
grotesque bail-out of the banking system and why he will always put their
interests before the people. His financial advisors are straight from the Wall Street
'A' list, including Paul Adolph Volker
Obama, Romney and the
ultra-rich The candidates’ tax plans would have vastly different
outcomes for the wealthy, offering a window into their disparate economic
views. (Washington Post) [ Disparate
economic views? For wobama, that’s as ephemeral as an election cycle measured
in months; after which, anything goes regardless of campaign promises, as we’ve
regretfully witnessed in wobama the b for b***s*** to the nation’s profound
detriment. After all, wobama has essentially continued, fatal foibles and all,
virtually all the policies of dumbya bush, and added even greater obfuscating
spending on top of that leaving the nation with an insurmountable debt load and
defacto bankruptcy (America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’). Romney's claim that Obama has
raised taxes on ‘millions of Americans’FACT CHECKER | There have
been tax increases. But also lots of tax cuts. We do the math. (WP [
Well, the one math you didn’t do, and the one most important tax Mitt Romney
forgot to mention, is the inflation tax courtesy of wobama’s increase in the
nation’s deficit in an amount greater than all the nation’s previous presidents
since President General Eisenhower combined. And yes, inflation is a ‘tax’
(even bernanke admitted that) (see Inflation Is A Tax And The
Federal Reserve Is Taxing The Living Daylights Out Of Us http://albertpeia.com/inflationisatax.htm
) and it’s already here (gas, meats, etc.), underreported, and will
keep on coming in a very big way. , The 15 Trillion Dollar Party http://albertpeia.com/bankruptamericadestroyingthefuture.htm , http://albertpeia.com/obamadeceptionhighqualityversion.flv
http://albertpeia.com/impeachobama.htm
‘...North Carolina Republican Walter Jones’ efforts to bring the administration
to account for launching unconstitutional wars without the authorization of
Congress. Jones’ recently introduced
resolution states that such actions represent “an impeachable high
crime and misdemeanor.”
The five
core reasons for impeachment proceedings to be launched can be summarized as
follows;
1) Despite promising otherwise, Barack
Obama committed U.S. military resources to overthrow Libyan leader Colonel
Gaddafi without any kind of congressional authorization whatsoever and without
citing any evidence that Libya under Gaddafi was a threat to the security of
the United States. Furthermore, Obama brazenly undermined the power of Congress
by insisting his authority came from the United Nations Security Council and
that Congressional approval was not necessary. “I don’t even have to get to the
Constitutional question,” Obama churlishly remarked.
2) On New Years Eve 2011, Obama signed
into law the National Defense Authorization Act which includes provisions that
permit the abduction and military detention without trial of U.S. citizens.
Despite Obama claiming he would not use the provisions to incarcerate U.S.
citizens, it was his administration that
specifically demanded these powers be included in the final NDAA
bill.
3) The passage of the Obamacare
bill, under which Americans will be forced to buy health insurance, is clearly
anathema to the Constitution. “The individual mandate is unprecedented and
exceeds Congress’s power to regulate interstate commerce. If it is allowed to
stand, Congress will be able to impose any kind of economic mandate as part of
any kind of national regulatory scheme,” writes Ilya
Shapiro, a Senior Fellow in Constitutional Studies, Cato Institute.
4) Obama’s role in the economic looting
of America since he took office is unprecedented. Specifically, Obama violated
the Constitution’s Takings and Due Process Clauses when he bullied the secured
creditors of automaker Chrysler into
accepting 30 cents on the dollar while politically connected labor unions and
preferential others received better deals.
5) Finally, Obama’s use of signing
statements shows his desire to continue in the vein of George W. Bush and rule
by executive fiat. This is a direct violation of Article II of the
Constitution…’
Al Sharpton, power player Once a pariah, everybody wants to be on his
good side these days. (Washington Post)
[ Speak for yourself wobama-lover, Mr. Milbank. Power? More than just a bit of a stretch; but, it
is an unequivocal, sure sign as to how far the nation’s fallen. Like wobama,
the guy’s a con-man including the latest ‘Into the Hoods’; lest we forget http://albertpeia.com/tawana.htm . Then, there’s sharpton fan eric holder,
himself a proper candidate for impeachment (Sheriff: Fast
and Furious Bigger Scandal Than Watergate http://www.prisonplanet.com/sheriff-fast-and-furious-bigger-scandal-than-watergate.html Watson | … calls for Holder to resign );
and, of course, wobama of the same mold ( http://albertpeia.com/impeachobama.htm
‘...North Carolina Republican Walter Jones’ efforts to bring the administration
to account for launching unconstitutional wars without the authorization of
Congress. Jones’ recently introduced
resolution states that such actions represent “an impeachable high
crime and misdemeanor.”
The five
core reasons for impeachment proceedings to be launched can be summarized as
follows:
1) Despite promising otherwise, Barack
Obama committed U.S. military resources to overthrow Libyan leader Colonel
Gaddafi without any kind of congressional authorization whatsoever and without
citing any evidence that Libya under Gaddafi was a threat to the security of
the United States. Furthermore, Obama brazenly undermined the power of Congress
by insisting his authority came from the United Nations Security Council and
that Congressional approval was not necessary. “I don’t even have to get to the
Constitutional question,” Obama churlishly remarked.
2) On New Years Eve 2011, Obama signed
into law the National Defense Authorization Act which includes provisions that
permit the abduction and military detention without trial of U.S. citizens.
Despite Obama claiming he would not use the provisions to incarcerate U.S. citizens,
it was his administration that
specifically demanded these powers be included in the final NDAA
bill.
3) The passage of the Obamacare
bill, under which Americans will be forced to buy health insurance, is clearly
anathema to the Constitution. “The individual mandate is unprecedented and
exceeds Congress’s power to regulate interstate commerce. If it is allowed to
stand, Congress will be able to impose any kind of economic mandate as part of
any kind of national regulatory scheme,” writes Ilya
Shapiro, a Senior Fellow in Constitutional Studies, Cato Institute.
4) Obama’s role in the economic looting
of America since he took office is unprecedented. Specifically, Obama violated
the Constitution’s Takings and Due Process Clauses when he bullied the secured
creditors of automaker Chrysler into
accepting 30 cents on the dollar while politically connected labor unions and
preferential others received better deals.
5) Finally, Obama’s use of signing
statements shows his desire to continue in the vein of George W. Bush and rule
by executive fiat. This is a direct violation of Article II of the
Constitution…’ ).
Parker: Rosen vs. Romney — A
faux ‘girl fight’
(Washington Post) [ Faux ‘girl fight’? Hardly! Fully intended as a slight, the
unintended consequences are significant! The
Plum Line
: The Morning Plum...over Hilary Rosen and Ann Romney triggered
reams of analysis echoing the GOP spin that this... (WP) [ This is more than
just GOP spin although the wobama spinmeisters would like you to believe
otherwise. It was a typical cheap shot meant to draw contrasts with such as
hillary clinton, michelle obama (see infra) which is specious and foolhardy
since on close inspection and analysis, such scrutiny favors the honorable Ann
Romney as it does hardworking housewives, mothers everywhere. To coin a new
phrase: ‘Housewife/Mother, the Oldest HONORABLE Profession in the World’!
Though too early to congratulate the new President (as a matter of courtesy to
Ron Paul who is starting to look foolish, even leading some to wonder about the
soundness of his positions owing to his age), I disagree that this will be a
close election which I believe will be a blowout. Why? Because this is truly an
existential moment for other than wobama’s ‘black voting (for b.o. no matter
what) block’ and the nation as we once knew it and as well because of those
legal / factual bases upon which the sound call for wobama’s impeachment is
predicated, http://albertpeia.com/impeachobama.htm ;
in addition to the reality that wobama’s
failed miserably having been given the chance to do what he said he would do
but didn’t, which if he did do would have been the right course as we well now
know!
David Icke, Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| infra ‘...Obama is just more of the same, a
big smile with strings attached, and controlled completely by those that chose
him, trained him, sold him and provided his record funding, kept his many
skeletons under wraps, like the gay sex and crack cocaine .. Larry Sinclair
(from affidavit: 1. Who is Ron Allen that claims to be with your Presidential
camp, who is alleged to claim that someone claiming to represent me called
asking for $100,000, to keep me from coming forward about our (Obama and I)
November 1999 encounter of sex and cocaine use?), ... Obama is just another
Banksters' moll prostituting himself .., and that's why he supported the
grotesque bail-out of the banking system and why he will always put their interests
before the people. His financial advisors are straight from the Wall Street
'A' list, including Paul Adolph Volker (Trilateral Commission, Council on
Foreign Relations, Bilderberg Group), the head of the Federal Reserve from 1979
to 1987 and Illuminati to his fingertips. Obama has made him head of the
Economic Recovery Advisory Board, which is dominated by insiders, including its
staff director and chief economist, Austan Goolsbee, a close Obama associate
from the University of Chicago. Goolsbee is an initiate of the infamous
Illuminati Skull and Bones Society at Yale University, which also includes Boy
and Father Bush. It was Goolsbee who told the Canadian government not to worry
about Obama's attacks on the economic effects of free trade agreements because
his words were just to win votes in the election campaign. Another Wall Street
insider, the Zionist Timothy Geithner (Bilderberg Group, Trilateral Commission,
Council on Foreign Relations), was appointed by Obama to be his Treasury
Secretary. Geithner was the President of the New York Federal Reserve Bank, the
most powerful in the private Federal Reserve cartel that masquerades as
America's central bank, and he is a former employee of both the Council on
Foreign Relations and the appalling Kissinger Associates. Obama's Treasury team
locks into the inner circle around the Zionist Robert Rubin, the Director and
Senior Counselor of Citigroup, co-chairman of the Council on Foreign Relations,
and economic advisor to Obama. Rubin, a member of the Illuminati Bilderberg
Group, was the man behind Citigroup's strategy of expanding its risk in debt
markets which forced it to be rescued by taxpayers' money. The very people who
caused the financial crisis are being appointed by Obama to decide how to
respond to it (more taxpayers' money for them and their friends)’
More Republicans say Afghan
war not worth fighting, poll shows The Post-ABC News findings come
as U.S. efforts in Afghanistan emerge as key battle in presidential race. ‘Then why are we there?’ (Washington Post) [ Why are we
there? Geeh, if only that was a question without an obvious answer, defacto
bankrupt america/eu/west might be forgiven. But alas, this ‘tiny little’
malevolent thing at roughly 3% GDP involving hundreds of billions of taxpayer
dollars at a pop called the ‘military industrial complex’, warned against by
the great but substantially underrated President General Eisenhower, is hardly
hidden from view. As a matter of fact, especially given nato’s and america’s
particularly, collective defacto bankruptcy, it’s shocking they’re there at
all, much less still there. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke…The government’s total indebtedness is
$211 trillion’.
10
Signs That America Is Decomposing Right In Front Of Our Eyes http://albertpeia.com/10signsamericadecomposing.htm
, USA #1? 40 Embarrassing Things
That America Is The Best In The World At http://albertpeia.com/40badthingsusabest.htm , They Love Death http://albertpeia.com/theylovedeath.htm
Milbank: Santorum’s Gettysburg
surrender (Washington Post)
[ Yes, indeed! You can almost see wobama aficionado/apologist Mr. Milbank
gritting his teeth in disappointment that Rick Santorum can no longer be
counted on as at least a nominally foolish but not real spoiler as Mr. Milbank’s
hopes for same now rest upon the slimy newt and Ron Paul who are looking more
foolish by the day in pressing forward as if imbued with the spirit of Don
Quixote while straining however implausibly to become wobama’s best friends.
They are really beginning to look very foolish indeed!
More Americans expect
health-care ruling to be political Half of the public expects the
Supreme Court justices to rule mainly based on their “partisan political
views,” a Post-ABC News poll reveals. ‘A corrupt political system’ (Washington Post) [ Well, here’s a poll that even mainstream media
jokemeister abc with sidekick the Post can do without ‘cherry-picking’ the polled
to come up with the clear, ineluctable, correct result. Yeah, the american
political system is corrupt. But, not just the political system ( http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
); rather, the entire american system, all three branches of government,
executive, legislative, and judicial are unequivocally corrupt (throw in as
well here, so-called private enterprise, ie., the bailed out huge frauds on
wall street, military industrial complex, illegal drug trade by the government,
etc.). That’s certainly consistent with my direct experience and I’d swear to
it on a Bible. http://albertpeia.com/fbimartinezcongallard.htm
America’s shine is wearing off
I know why we are falling into a cataclysm of debt and can’t get out. (WP) [
Ah, yes. The Puritans. Of noble purpose, religious freedom, freedom generally
did they come to these shores. A rare exception to the influx of immigrants to
this young nation who turned out to be more a virus to the indigenous peoples
of this land than what could have been expected from those of noble calling.
Indeed, in evolutionary terms, it’s doubtful that those so positioned abroad
would have represented a positive addition to the gene pool which, borrowing
from an insurance term, viz., adverse selection, springs forth the notion of
inevitability to the genocide of the indigenous populations while guaranteeing
the decline we see throughout this foundering nation. The effects of these
negative predispositions toward inherent criminality is certainly being felt globally
as well as domestically and has little to recommend it. My own direct
experience with the region(s) (particularly new jersey, new york, virginia,
connecticut, california) carves out no exception for the prevalence of the
worst of human nature; which is now collectively and pervasively
americana. Though
having but 5% of the world’s population, the u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
etc., are included in this evolved american trait of inherent criminality http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
| Obama has promised to hold Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Sargent: Will Romney be
allowed to change?
(Washington Post) [ What does it matter and why the speculation since from the
moment he was sworn to present there’s been an astounding metamorphosis of
wobama into the lying, jive-talking weasel-worm he’s proven to be. Whatever
Romney is will always exceed what wobama is and purports to be. Wobama’s failed
miserably having been given the chance to do what he said he would do but
didn’t, which if he did do would have been the right course as we well know
now.
Obama holds key leads over
Romney on top issues, personal traits But contest is more
competitive when it comes to economy, jobs, according to new Post-ABC News
poll. (Washington Post) [ I don’t
believe these polls as favor obama for even a second. While it may seem unfair
to single out abc inasmuch as any mainstream news disseminator is as
unreliable, the fact is that while there are many stupid people in america,
there really aren’t that many people who are that stupid. The fact is that the
guy they know (‘ devil that you know verses the devil that you don’t ‘) is so
bad and without any integrity whatsoever and such a proven failure, that only the dumbest fool could
invite the fool me twice scenario with wobama the b for b***s*** who has broken
virtually every campaign promise on which he ran and was elected; and as it has
turned out, to the nation’s substantial detriment. Mainstream media is a total
joke and a testament to how far the nation has fallen. There’s no downside to
Romney because there’s no upside to wobama, the jive-talking black man as he
reminds us as he did when he reminded us that that if he had a son, he’d look
like that little thief/would have been future criminal trayvon martin. As for
the Post, almost everything seems controversial these days and their comment
section for the more controversial topics is down/not working/doesn’t post more
often than not and I no longer even bother with, waste my time alerting them to
the problems. Virtually every criticism of Romney is in the realm of wobama’s
been there done that; including the purported cozy relationship with wall
street as we all wait for wobama’s promised prosecutions at the highest levels
… don’t hold your breath. Personal traits? I’ll take the guy who was a former
missionary. Should he be punished for a less than sordid background: http://albertpeia.com/obamadeceptionhighqualityversion.flv
www.snopes.com/politics/obama/muslim.asp
His
mother then married
Lolo Soetoro, a RADICAL Muslim from Indonesia. ... Barack Obama's
parents separated when
he was two years old, his father
moving to ....
en.wikipedia.org/wiki/Barack_Obama,_Sr.
Later,
while
Obama Sr. was married
to his third wife, Kezia had Abo and Bernard .... from my mother
when I was 2 years old; in any event, although my father had ...
www.reformation.org/frank-marshall-davis-obama.html
by
A Paradise - Related articles
Obama
cannot change the fact that he is illigetimate, but it is not too late for him to forsake
his ... on his mother's side, Stanley Dunham, was a close
friend of father Frank. ... In
1946, Obama's
father married 23 year old Helen Canfield in Chicago.
.... It was during one such free
love affair
that University of Hawaii student Ann ...
topics.nytimes.com/topics/reference/.../b/...obama.../index.html
In
his memoir, "Dreams From My Father,"
Barack Obama
conjures up an ... In 1961, the
short-lived marriage
produced a son, also named Barack. ...
When
his mother
returned to Indonesia to do field work for her degree, ..... foreign affairs,
helping to parry Mr. McCain's attacks that Mr. Obama was too light on national security.
www.npr.org › Arts & Life › Books › Author Interviews
May
3, 2011 – Politics & Public Affairs · Romance · Science Fiction &
Fantasy · Science & ... Obama said yes, and in 1995, his book Dreams
from My Father
was published. ... But the characterizations of Obama's mother — first as
"a white anthropologist ...
Three months pregnant with their child, she married him in 1961.
isteve.blogspot.com/.../barack-obamas-mom-was-17-when-barack-sr....
May
14, 2008 – When
examined carefully, their affair
turns out to be a sordid one, with disastrous ... Meanwhile, the candidate's mother married an
Indonesian guy who tried to ....
Obama
is not responsible for his sleezy father
or flaky mother.
www.lrb.co.uk/v34/n01/jackson-lears/a-history-of-disappointment
Jan
5, 2012 – In domestic affairs, Obama's obeisance to the Washington consensus
led ... Two recent books,
biographies of his father
and his mother,
may help to ... a hopeless
drunk, recently married
and a new father but
estranged from ...
www.wnd.com/2008/03/59850/
Mar
25, 2008 – In truth, Barack Obama senior, Obama's father, was a
polygamist who had ... While at Harvard, Obama senior had an affair with yet another woman, ... whom he met at Harvard while yet married to Obama's mother and to his
...
barackobamabiography.org/
Born
to a Kenyan father
and an American mother, Barack Obama
has a ... Obama's mother married an
Indonesian student Lolo Soetoro while
they were in .... and Committee
on Homeland Security and Government Affairs
at the start of 2007.
www.archives.com/.../presidential-candidates-barack-obama-2012.ht...
President
Barack Obama
has a fascinating family tree with ties to Africa and to a ... his mother to Indonesia when he was six years old to join his step-father Lolo ... when
he married
Dunham, and the marriage
failed quickly after Obama
was born. ... of Chicago
Hospitals for Vice President of Community and External Affairs, ...
David Icke, Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| infra ‘...Obama is just more of the same, a
big smile with strings attached, and controlled completely by those that chose
him, trained him, sold him and provided his record funding, kept his many
skeletons under wraps, like the gay sex and crack cocaine .. Larry Sinclair
(from affidavit: 1. Who is Ron Allen that claims to be with your Presidential
camp, who is alleged to claim that someone claiming to represent me called asking
for $100,000, to keep me from coming forward about our (Obama and I) November
1999 encounter of sex and cocaine use?), ... Obama is just another Banksters'
moll prostituting himself .., and that's why he supported the grotesque
bail-out of the banking system and why he will always put their interests
before the people. His financial advisors are straight from the Wall Street
'A' list, including Paul Adolph Volker (Trilateral Commission, Council on
Foreign Relations, Bilderberg Group), the head of the Federal Reserve from 1979
to 1987 and Illuminati to his fingertips. Obama has made him head of the
Economic Recovery Advisory Board, which is dominated by insiders, including its
staff director and chief economist, Austan Goolsbee, a close Obama associate
from the University of Chicago. Goolsbee is an initiate of the infamous
Illuminati Skull and Bones Society at Yale University, which also includes Boy
and Father Bush. It was Goolsbee who told the Canadian government not to worry
about Obama's attacks on the economic effects of free trade agreements because
his words were just to win votes in the election campaign. Another Wall Street
insider, the Zionist Timothy Geithner (Bilderberg Group, Trilateral Commission,
Council on Foreign Relations), was appointed by Obama to be his Treasury
Secretary. Geithner was the President of the New York Federal Reserve Bank, the
most powerful in the private Federal Reserve cartel that masquerades as
America's central bank, and he is a former employee of both the Council on Foreign
Relations and the appalling Kissinger Associates. Obama's Treasury team locks
into the inner circle around the Zionist Robert Rubin, the Director and Senior
Counselor of Citigroup, co-chairman of the Council on Foreign Relations, and
economic advisor to Obama. Rubin, a member of the Illuminati Bilderberg Group,
was the man behind Citigroup's strategy of expanding its risk in debt markets
which forced it to be rescued by taxpayers' money. The very people who caused
the financial crisis are being appointed by Obama to decide how to respond to
it (more taxpayers' money for them and their friends)’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Robert Burt: Should God be
obeyed? (Washington Post) [
The ‘politically correct’ answer is of course, ‘Of Course’. But, of course,
saying so won’t change the fact that they won’t. The grim reality for this
planet which boasts a dominant species descended from initially notochords,
primitive chordates, and relatively more recently primitive apes, is that at
this point, it really no longer matters. Think decades, at best; which, is not
a forbearance, but rather, time for tribulation, suffering, ‘payback’, etc.;
for example, think algorithyms (I’ve not really pondered the math closely) as
in, ie., a month’s tribulation for every minute of Christ’s suffering, etc.. As
I’ve previously written:
What Sarah Palin's "Today
Show" appearance proves
(Washington Post) [ More than anything else, it proves that ‘dumb’ sells in
america. ‘You know it when you see it’ (supreme court obscenity test of old)
kind of dumb that’s funny because it’s ‘you can’t make this stuff up’ kind of
dumb/funny. Sweet sister sarah, hypocrite extraordinaire with closet skeletons
to spare, we gotta’ at least wonder whether Alan West whom she
‘endorsed’/recommended for the VP nod had been one of her black lovers. Of
course, that would in fact be stupid because wobama will get near 100% of the
black vote for no reason other than the fact that he’s black. But who’s
listening to pickled-brain palin who has no credibility in reality whatsoever
but provides great source material for comedy as SNL of which she’s quite
proud, media hound that she is and as the article points out.
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
WASILLA,
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.
Henry Kissinger: A new
intervention doctrine?
(Washington Post) [ How does anyone still listen to this guy? He’s been a major
part of america’s past giving rise to current failure and decline! A product of
gimmicks, soundbites, and media revelry, this warmongering, neocon zionist has
in self-interested fashion led the nation down the wrong path at every turn. As
a matter of disclosure, I did not read his article because there is nothing he
could write or say that’s worth reading or hearing. SHOCK POLL: Afghan war support DOWN TO 25%... America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’
It’s lights out for Earth HourPHOTOS
| From China’s Great Wall to Washington’s National Cathedral, landmarks around
the world shine a spotlight on climate change by going dark. (Washington Post) [ No, it’s too soon! Decades at best, then …
lights out for earth!
The best investment in U.S.
politics? How donors shape judicial elections. Low-profile judicial
races are now under the spotlight as super PACs set sights on controlling the
courts. (Washington Post) [ And not
just the overt donors; ie., the super PACs alluded to here. I’ve seen it first
hand and the bribery one way or another is pervasive and brazened; almost as if
an expectation consistent with a sense of entitlement (to the bribes). And not
just the ‘low profile’ races; but as well, the high profile appointments,
including at the highest levels. http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
.
October 15, 2010 (*see infra {ultimately delivered by
UPS})
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within DVD rom
autorun disk (which will open in your computer’s browser) as per your office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil)
RICO action (as you’re aware, the RICO Act is a criminal statute which provides
a civil remedy, including treble damages and attorney fees, as an incentive for
private prosecution of said claims probably owing to the fact that the USDOJ
seems somewhat overwhelmed and in need of such assistance given the seriousness
and prevalence of said violations of law which have a corrupting influence on
the process, and which corruption is pervasive). A grievance complaint against
Coan was also filed concurrently with the subject action and held in abeyance
pending resolution of the action which was illegally dismissed without any
supporting law and in contravention of the Order of The Honorable Robert N.
Chatigny, Chief Judge, USDC, District Connecticut. The files below the
horizontal rule are the referenced documents as filed. (Owing to the damage to
the financial interests of both the U.S. and the District of Congresswoman
Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of perjury I
was asked to forward to the FBI office in New Haven is probably the best and
most concise summary of the case RICO Summary to FBI Under Penalty of
Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the Congresswoman
by way of email attachment (apparent but typical problem with my mail) along
with my response thereto is included on the 3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to the
LA office and I was referred to the Long Beach, CA office where I personally
met with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of
the money laundering which he confirmed as indicative of same (he was
transferred from said office within approximately a month of said meeting and
his location was not disclosed to me upon inquiry). The matter was assigned to
FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew
Maloney’s the one that prosecuted gotti).
In contradistinction to the statement in said
correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
There is applicable insurance / surety coverage and
neither LA, nor creditors, nor I should continue to have been damaged by this
brazened corrupt and illegal scenario, which should be resolved in accordance
with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are
unresolved problems with the line, computer connection may be the reason but I
hesitate to chance greater non-performance / worsening by their ‘fix’ so cell
phone best for contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was
previously send 9-14-10 but delivery confirmation was flawed as set forth below
and my inquiries to the u.s. postal service rebuffed (I believe tampered with
inasmuch as your office could not locate same). This cover letter (9-13-10) is
on the 3 disks with navigable hyperlinks to the subject files for ease of
reference, including the files in the RICO action as indicated. (10-15-10) I
spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office
has not received the aforesaid and which can reasonably be presumed to have
been tampered with, and hence, a violation of the federal statute concerning
same. (Ultimately delivered by UPS) ]
Repeal ‘Stand Your Ground’
As Trayvon Martin’s death shows, such laws are a license to kill. (Washington Post) [ Well, the fact is that criminals who make
neighborhood watch necessary need no licenses to kill. Indeed, this 3-24-12
robbery/murder by a black of a white store-owner who complied with all the
killer’s demands and offered no resistance or provocation and complete
compliance, was killed by the ‘rabid dog’ anyway. At some point rational people
must say, ‘thus far and no further’! Stand your ground must stand! People
should be more objective, and not base their opinions as this clearly on shades
of race and inherent bias alone! UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...(WP) ‘ignore cases that involve black
defendants and white victims’
Drudgereport: Black Panthers offer $10,000 bounty for 'capture' of
Trayvon Martin's killer … [ who do these blacks think they are? ] Take a look
at this black who kills a white man during robbery, without any provocation
from the victim ... http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm
Zimmerman claims Martin
started confrontation, broke his nose Attorney for man who shot teen says client also suffered injuries
to head; boy’s parents dispute account. (Washington Post) [ I believe Zimmerman and as
well, the eyewitness to the incident. Drudgereport: COPS: Zimmerman says Trayvon decked him with one blow
then began hammering his head on sidewalk...
'Suffered broken nose and had injury to back of
head'...
Martin had been suspended from school for
marijuana...
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
http://abclocal.go.com/kabc/story?section=news/local/los_angeles&id=8594147
http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm
‘Timothy Johnson, 24, is shown in this 2007 mugshot provided by the Los Angeles
County Sheriff's Department.’ (KABC Photo) Calif. (KABC) – ‘Sheriff's officials released the
name of the man they say shot and killed the owner of a computer shop in
Lancaster.
The suspect was identified as 24-year-old Timothy
Johnson, described as being 6 feet 2 inches tall, weighing about 170 pounds
with a dark complexion (negro-black) and a closely shaved head.
Detectives say Johnson reportedly entered eChaps
Computers and More at 2007 W. Avenue K on Friday, shot and killed store owner
Reed Lewis Keith and left with stolen electronics in hand.
Johnson reportedly fled in a black, 1980s model
four-door car driven by an accomplice. Investigators said Johnson was wearing a
black hooded sweatshirt and a ski mask at the time of the robbery…’
German town fears loss of U.S.
Army base will shake loose longtime U.S. tilt Baumholder’s identity may no longer be tied
up in red, white and blue as it braces for Pentagon cutbacks. (Washington Post) [ Oh come on! You’ve been
reading too much american propaganda. Of all places, Germany. I think they’ll
get by. I think they’ll manage. I think they’ll survive. Moreover, there’s not
the slightest doubt in my mind that the Germans will be glad to see the
american troops go, beyond the propaganda which is in no short supply here.
Fears? I doubt it. Some minimal financial pain requiring rather simple
adjustment? Maybe, but worth it for them. 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
, TBTF Get TBTFer: Top 5 Banks
Hold 95.7%, Or $221 Trillion, Of Outstanding Derivatives Durden 3-26-12 , 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
, (
America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke…The government’s total indebtedness is $211 trillion’ )
For U.S., bad news on
Afghanistan war continues
(Washington Post) [ Yes, indeed it does; continue that is, that bad news…except
for the heroin trade which is booming, a source of pride for ‘the world’s
policeman’ aka the pervasively corrupt, defacto bankrupt disunited states of
america, aka the clichéd quintessential ‘corrupt cop’. Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of
the war on drugs is centers on the amount of drug trafficking that benefits the
CIA and international banking system. Natural News
February 1, 2012 [ http://albertpeia/americangovernmentdrugtrafficking.htm http://albertpeia/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
(America also leads in the illegal drug trade. In fact,
many researchers reveal that the war on drugs is only utilized to control and
monopolize the illicit drug trade. The US government has been caught
multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels
[ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now
openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In fact,
Global Research points out
that in 2001, “according to UN figures, opium production had fallen to 185
tons. Immediately following the October 2001 US led invasion, production increased
dramatically, regaining its historical levels.” This month, the U.N. announced
that Afghanistan now provides 93% of the
world’s opium production [
http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons.
Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm )
Will: Those pesky things
called laws (Washington
Post) [ Come on Mr. Will! This is america, the ‘meaningfully lawless’
land, you’re talking about! Oh yeah,
there are loads of laws; yet, even arbitrary enforcement at best is hard to
come by. After all, the biggest wall street frauds in the trillions have yet to
be prosecuted, et cetera, et cetera:
Repeal ‘Stand Your Ground’
As Trayvon Martin’s death shows, such laws are a license to kill. (Washington
Post) [ Well, the fact is that criminals who make neighborhood watch necessary
need no licenses to kill. Indeed, this 3-24-12 robbery/murder by a black of a
white store-owner who complied with all the killer’s demands and offered no
resistance or provocation and complete compliance, was killed by the ‘rabid
dog’ anyway. At some point rational people must say, ‘thus far and no further’!
Stand your ground must stand! People should be more objective, and not base
their opinions as this clearly on shades of race and inherent bias alone! UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...(WP) ‘ignore cases that involve black
defendants and white victims’
Zimmerman claims Martin
started confrontation, broke his nose Attorney for man who shot teen says client also suffered injuries
to head; boy’s parents dispute account. (Washington Post) [ I believe Zimmerman and as
well, the eyewitness to the incident. Drudgereport: COPS: Zimmerman says Trayvon decked him with one blow
then began hammering his head on sidewalk...
'Suffered broken nose and had injury to back of
head'...
Martin had been suspended from school for
marijuana...
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
http://abclocal.go.com/kabc/story?section=news/local/los_angeles&id=8594147
http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm
‘Timothy Johnson, 24, is shown in this 2007 mugshot provided by the Los Angeles
County Sheriff's Department.’ (KABC Photo) Calif. (KABC) – ‘Sheriff's officials released the
name of the man they say shot and killed the owner of a computer shop in
Lancaster.
The suspect was identified as 24-year-old Timothy
Johnson, described as being 6 feet 2 inches tall, weighing about 170 pounds
with a dark complexion (negro-black) and a closely shaved head.
Detectives say Johnson reportedly entered eChaps
Computers and More at 2007 W. Avenue K on Friday, shot and killed store owner
Reed Lewis Keith and left with stolen electronics in hand.
Johnson reportedly fled in a black, 1980s model
four-door car driven by an accomplice. Investigators said Johnson was wearing a
black hooded sweatshirt and a ski mask at the time of the robbery…’
New Black
Panthers Call for Vigilante Justice in Trayvon Martin Case Kurt
Nimmo | “An eye for an eye, a tooth for a tooth,” declares Mikhail
Muhammad, leader of the group.
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.
APNewsBreak:
Marine critical of Obama faces charge [ This one caught my eye. While it is true that good
soldiering requires absolute discipline by definition, oaths should be taken
seriously, honored, and given effect. That said, burning Qurans was the product
I assume of orders reflecting even more than just stupidity; hence, whoever
gave the order should pay the piper. If
no order, and stupidity as with urinating on the bodies of the dead, can and
should the actors be held accountable for such gross stupidity? Absolutely!
However, one must be mindful of the reality that marines invariably have ‘skin
in the game’ when it comes to consequences of commanders in chief incompetence,
unlawful acts, poor judgment particularly as impacted by questionable mental
states (arbitrarily taking the last three presidents as illustrative, viz.,
clinton, bush, obama certainly reflect this reality and concern coupled with
the unnecessary murderous results of their actions). There has been a
longstanding rebuke of the ‘just following orders’ defense accorded soldiers
since particularly the nazi regime as an example. As such, Stein certainly
should be lauded for saying what all soldiers should already know; namely, the
unlawful detention of americans, among other constitutionally barred activities
should not be among those orders they are willing to follow. The proscriptions
of posse comitatus should also serve as a guide. This is particularly important
given the fragile mental state of americans generally, and america’s leadership
especially. No longer is it, if ever it was, true that americans can be trusted
to do the right thing. In fact, quite the opposite is true. Wobama is a
desperate and incompetent failure as president whose invariable breach of campaign
promises is a testament to his unsuitability for the office he currently
occupies; and, one can only thank Stein for recognizing what could devolve into
a much more serious and devastating scenario for the nation owing to wobama’s
ever increasing political desperation. Broadly and generally, murky areas as
this, even involving the military, should be resolved in favor of free speech,
first amendment guarantees and against censorship. Guest Post: The Ascendence Of
Sociopaths In US Governance Durden 3-21-12 How
did we get here? An argument can be made that miscalculation, accident, inattention
and the like are why things go bad. Those elements do have a role, but it is
minor. Potential catastrophe across the board can't be the result of
happenstance. When things go wrong on a grand scale, it's not just bad luck or
inadvertence. It's because of serious character flaws in one or many – or even
all – of the players. So is there a root cause of all the problems I've cited?
If we can find it, it may tell us how we personally can best respond to the
problems. In this article, I'm going to argue that the US government, in
particular, is being overrun by the wrong kind of person. It's a trend that's
been in motion for many years but has now reached a point of no return. In
other words, a type of moral rot has become so prevalent that it's institutional
in nature. There is not going to be, therefore, any serious change in the
direction in which the US is headed until a genuine crisis topples the existing
order. Until then, the trend will accelerate. The reason is that a
certain class of people – sociopaths – are now fully in control of major
American institutions. Their beliefs and attitudes are insinuated
throughout the economic, political, intellectual and psychological/spiritual
fabric of the US.
Paul Joseph Watson | Media
Matters is a White House front group. [ Though a frequent critic of neo-con
Limbaugh, I’m against any and all attempts, particularly by desperate wobama et
als to shut him down based on what he’s said. ]
McCain, Lieberman, Graham on
Afghanistan (Washington
Post) [ I say this without even a tinge of sarcasm and as serious as serious
can be. If these guys had served during the administration of the last truly
great but substantially underrated President General Eisenhower, as cogs in the
military industrial complex / zionists / neocons their political careers would
have been over before he left office. The nation generally, and connecticut
particularly should be thankful lieberman’s gone as his efforts, energies on
behalf of israel have always been antithetical to the interests of both. These
guys are war mongering losers and have played significant roles in bringing
this nation down. (I’m not even going to get into their inapposite reference to
the neo-con wet dream come true; that ‘pearl harbor’ incident they longed for,
viz., 911, which served as hot-button blinders for the nation – there was
advance knowledge of this op which was cheered by israeli agents on the banks of
the palisades in weehawken, new jersey in full view of the imploding towers).
The only area in which their admonitions ring even remotely true is as pertains
to the opium/poppy/heroin trade which will continue under the auspices of the
cia but without the muscle (military) necessary to sustain them long-term (see
infra). Then there’s the indisputable and insurmountable defacto bankruptcy of
the pervasively corrupt disunited states (note the video – 3 minutes which
discusses interest costs on the debt compared
to the costs of the wars-understated and doesn’t figure in deaths of soldiers
and prospective medical costs of the injured). The Simple Problems Of Too
Much US Debt Durden 3-20-12 http://albertpeia.com/toomuchusdebt.htm , 10 Signs That America Is On
The Verge Of A Horrible Municipal Debt Crisis http://albertpeia.com/americanmunicipaldebtcrisis.htm
Paul Ryan’s dangerous budget
Make no mistake: his intentionally vague plan envisions draconian cuts. (Washington Post) Editorial Board [ Truth be
told, it’s really not all that often that I’m on the ‘same page’ as the
Washington Post’s Editorial Board (and God knows have the utmost respect for
this great Publishing Company / Newspaper and their historic defense of and
respect for First Amendment, etc.) ; or, ie., Mr. Milbank, etc., who probably
is on the opposite end of the political spectrum from me. Yet, I echo their
concern / sentiment in commenting as follows: Ryan’s reverse Robin Hood
His justification for his irresponsible budget only adds insult to injury. (Washington Post) [ I only wish Mr. Milbank
hadn’t used the phrase, ‘Reverse Robin Hood’, inasmuch as this would be among
those few times I’d be ‘all in’ in support of his position (which I am infra);
but alas, that’s a phrase once used by the deplorable jesse jackson who is a
shakedown artist with absolutely no credibility whatsoever. That said, my
position is as stated in another WP comment as follows: With spending plan, House GOP
renews budget clash with Obama
Proposal would cut social programs and slash taxes for the rich. ‘Paul Ryan is a national hero’ (Washington Post) [ Hero? Indeed, in a nation of thieves; and, for such
a nation of thieves, look no further than … pervasively corrupt, defacto
bankrupt america. Yes, thieves, frauds; and, if america was just a nation of
thieves, frauds and not the war mongering nation of murderers america’s proven
herself to be, there might be at least some high ground upon which u.s.
representatives could stand. Until the
filthy rich frauds on wall street among others (everyone knows who they are)
are prosecuted, jailed, fined, and disgorgement imposed, not a cent in taxes
for all the rich (their compatriots, oligarchs with relatively few exceptions)
nor a even a penny in programs should be cut. Unfortunately, it’s those
corrupt, greedy rich oligarchs who have had their way in bringing the nation
down through misdirected policy influence (ie., wars/military industrial
complex, etc.), protection of huge frauds still extant (marked to anything
courtesy of contraindicated legislated FASB rule change), etc. (a list too long
for this comment). The time has come for all people in and outside of this
nation to embrace this foregoing reality, truth. All
truth passes through three stages. First, it is ridiculed. Second, it is
violently opposed. Third, it is accepted as being self-evident.--Arthur Schopenhauer
THE OBAMA
DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv Does regulation really kill
jobs? (Washington Post) [ Just those corruption-related ones; those
organized crime, as well as disorganized crime jobs for which there’s plenty of
‘quid pro quo’, bribes, etc., to go around. Energy Dept. failed to act as
Solyndra sank (WP) [ This stuff is becoming all too typical. I
believe it’s time to start questioning what federal employees get paid for.
After all, pervasively corrupt america is defacto bankrupt ( America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke…The government’s total indebtedness is $211 trillion’ ) . Moreover,
america’s pervasive corruption, even crimes,
has become synonomous with the machinations of any number of federal
agencies / departments / all branches of government (ie., DOJ – holder/fast and furious/race bias UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims ,
Fannie / Freddie Mac , SEC
destroyed documents, senator says 17 Aug
2011 ‘The Securities and Exchange Commission destroyed documents and
compromised enforcement case ... “It doesn’t make sense that an agency responsible for
investigations would want to get rid of potential evidence…’ Report: SEC lawyer exposed FBI
informant (WP) [the sec liar (sic – lawyer) typically with a ‘pre or
post’ arrangement, whether implicit or explicit; that ubiquitous ‘bribe thing’
in pervasively corrupt, defacto bankrupt, fallen america. Indeed, the scenario typifies that national drain /
sinkhole new york (new york / new jersey metro) where, for example, FBI
informants were routinely exposed by ‘italians’ in the new york d.a.’s office
over the objection of the FBI, and were murdered by mafia / organized crime [
this was documented with authority in ‘Goombata: The Improbable Rise and Fall
of John Gotti and His Gang’ Cummings /
Volkman ] SEC faulted over records
shredding The SEC destroyed internal documents that should have been
preserved as official federal records, the agency’s inspector general has
found. (Washington Post) [ Oh, if it was only that, and only the SEC; and if
only they did an incisive investigation of the DOJ. Sheriff: Fast
and Furious Bigger Scandal Than Watergate http://www.prisonplanet.com/sheriff-fast-and-furious-bigger-scandal-than-watergate.html Paul Joseph Watson | Over two dozen
Republicans call for Holder to resign. Though heavily redacted, the documents directly discuss “Operation Fast
and Furious” and how it involves “trafficking firearms to Mexico”. Tuesday,
November 1, 2011 . )That’s certainly my experience which comports with reality,
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Financier Stanford is
convicted on most charges
(Washington Post) [ The astute people at zerohedge.com are all over this,
pointing out that the biggest frauds to date (in the trillions, giving rise to
the crisis, still extant and cashed out by way of legislative complicity by way
of change to the FASB rule change that now marks the worthless paper to
anything), by the biggest ‘players’/frauds, have yet to be prosecuted.
In case anyone cares:
Of course, his real crime was not
realizing that if you are going to get busted for ponzinomics, you better make
sure everyone goes down with you. In the meantime, rejoice, sheep, for the
theater of Ponzi crime and punishment continues. Then again one wonders: why
are the perpetrators of the biggest Ponzi of all time, i.e., the central
bankers, walking free? Or Jon Corzine for that matter?
Why insider trading probes are
awkward for SEC (Washington Post) [ If only it wasn’t true that
‘where there’s a will, there’s a way’! Clearly, a lack of will and conflicts,
bribes / quid pro quo, even destruction of evidence, have plagued the SEC. Yet,
their’s is only the province of civil remedies with at best criminal referrals
to the DOJ for prosecution; good luck with that (remember all those
prosecutions promised last election time by what is now the wobama / holder doj
of the still extant high level wall street frauds in the trillions…never
happened - { Obama flush with financial
sector cash The president has managed to raise more money this year
from the sector than any GOP contender. (WP) ( So much for obama and OWS; but
how ‘bout wobama and obs … yes, more ‘obama b*** s*** ! The quid pro quo … the
bribe … Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog Roche 'The worst part of it ...Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billions from the fraud )THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
, http://albertpeia.com/10mostcorruptpols.htm ) }
America’s shine is wearing off I know why we are falling into a cataclysm of debt and can’t get out. (WP) [ Ah, yes. The Puritans. Of noble purpose, religious freedom, freedom generally did they come to these shores. A rare exception to the influx of immigrants to this young nation who turned out to be more a virus to the indigenous peoples of this land than what could have been expected from those of noble calling. Indeed, in evolutionary terms, it’s doubtful that those so positioned abroad would have represented a positive addition to the gene pool which, borrowing from an insurance term, viz., adverse selection, springs forth the notion of inevitability to the genocide of the indigenous populations while guaranteeing the decline we see throughout this foundering nation. The effects of these negative predispositions toward inherent criminality is certainly being felt globally as well as domestically and has little to recommend it. My own direct experience with the region(s) (particularly new jersey, new york, virginia, connecticut, california) carves out no exception for the prevalence of the worst of human nature; which is now collectively and pervasively americana. Though having but 5% of the world’s population, the u.s. has 76% of the world’s serial killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt america also spends more on military than all the nations of the world combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t, etc., are included in this evolved american trait of inherent criminality http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
| Obama has promised to hold Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Insider-trading probe targets
House panel chair Rep. Bachus EXCLUSIVE | Chairman of the House
Financial Services Committee is being investigated. 'This is a dog and pony show'
(Washington Post) [ Yeah! And he’s both the dog and the pony. As for the
paulson meeting and denial of ‘inside information’, one can only say for
certain, giving bachus the temporary but unlikely benefit of the doubt, that
paulson should be in jail for what they did for their buds at goldman et als.
And dern it, as a wine man by definition, how else is he going to afford the
finest vintages and bacchanalian rituals? Yet, one must agree that they’re
already pretty well overpaid http://albertpeia.com/govemployeeretirement.jpg . Well, I guess there’s a little Geckoish
(‘Wall Street’, Oliver Stone) wall street ‘greed is good’ in all capital hill /
government connected reps.
Ignatius: How to end the
Afghan mission (Washington
Post) [ What mission? Someone please tell me! Is it to bankrupt america? Is the
mission to become numero uno in the opium / heroin? Is it to engender
anti-american sentiment globally? If any of the foregoing characterize the
mission, I’d say ‘mission accomplished’! Milbank: Gravestones tell story
of two wars (Washington
Post) [ I’d say more correctly that gravestones tell the story of all wars. The
difference in these two wars referenced by Mr. Milbank is that both were
unnecessary. Yes, sad but true; they died for nothing; for no good reason whatsoever
which reasons include the paranoid zionist neo-con and israeli mental cases,
the military industrial complex (would never have happened under the great but
substantially underrated President General Eisenhower), political
considerations (diversion from the central problems confronting the nation),
money, greed, drug trade preeiminence (money/greed), etc.. Yes, the story that
they tell is one of dying for all the wrong reasons; of dying for nothing! Panetta arrives in
Afghanistan; pledges setbacks will not alter strategy U.S. likely to
stay on course despite strong public reaction to Koran burnings and deaths of
16 civilians. (Washington Post) [
Strategy? What strategy? Ignatius: How to end the
Afghan mission (Washington
Post) [ What mission? Someone please tell me! Is it to bankrupt america? Is the
mission to become numero uno in the opium / heroin? Is it to engender
anti-american sentiment globally? If any of the foregoing characterize the
mission, I’d say ‘mission accomplished’! For U.S., bad news on
Afghanistan war continues
(Washington Post) [ Yes, indeed it does; continue that is, that bad news…except
for the heroin trade which is booming, a source of pride for ‘the world’s
policeman’ aka the pervasively corrupt, defacto bankrupt disunited states of
america, aka the clichéd quintessential ‘corrupt cop’.
For U.S., bad news on
Afghanistan war continues
(Washington Post) [ Yes, indeed it does; continue that is, that bad news…except
for the heroin trade which is booming, a source of pride for ‘the world’s
policeman’ aka the pervasively corrupt, defacto bankrupt disunited states of
america, aka the clichéd quintessential ‘corrupt cop’. Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of
the war on drugs is centers on the amount of drug trafficking that benefits the
CIA and international banking system. Natural News
February 1, 2012 [ http://albertpeia/americangovernmentdrugtrafficking.htm http://albertpeia/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
(America also leads in the illegal drug trade. In fact,
many researchers reveal that the war on drugs is only utilized to control and
monopolize the illicit drug trade. The US government has been caught
multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels
[ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now
openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In
fact, Global Research points out
that in 2001, “according to UN figures, opium production had fallen to 185
tons. Immediately following the October 2001 US led invasion, production
increased dramatically, regaining its historical levels.” This month,
the U.N. announced
that Afghanistan now provides 93% of the
world’s opium production [
http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons.
Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm )
Will: Those pesky things
called laws (Washington
Post) [ Come on Mr. Will! This is america, the ‘meaningfully lawless’
land, you’re talking about! Oh yeah,
there are loads of laws; yet, even arbitrary enforcement at best is hard to
come by. After all, the biggest wall street frauds in the trillions have yet to
be prosecuted, et cetera, et cetera:
Insider-trading probe targets
House panel chair Rep. Bachus EXCLUSIVE | Chairman of the House
Financial Services Committee is being investigated. 'This is a dog and pony show'
(Washington Post) [ Yeah! And he’s both the dog and the pony. As for the
paulson meeting and denial of ‘inside information’, one can only say for
certain, giving bachus the temporary but unlikely benefit of the doubt, that
paulson should be in jail for what they did for their buds at goldman et als. And
dern it, as a wine man by definition, how else is he going to afford the finest
vintages and bacchanalian rituals? Yet, one must agree that they’re already
pretty well overpaid http://albertpeia.com/govemployeeretirement.jpg . Well, I guess there’s a little Geckoish
(‘Wall Street’, Oliver Stone) wall street ‘greed is good’ in all capital hill /
government connected reps.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv Does regulation really kill
jobs? (Washington Post) [ Just those corruption-related ones; those
organized crime, as well as disorganized crime jobs for which there’s plenty of
‘quid pro quo’, bribes, etc., to go around. Energy Dept. failed to act as
Solyndra sank (WP) [ This stuff is becoming all too typical. I
believe it’s time to start questioning what federal employees get paid for.
After all, pervasively corrupt america is defacto bankrupt ( America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke…The government’s total indebtedness is $211 trillion’ ) . Moreover,
america’s pervasive corruption, even crimes,
has become synonomous with the machinations of any number of federal
agencies / departments / all branches of government (ie., DOJ – holder/fast and furious/race bias UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims ,
Fannie / Freddie Mac , SEC
destroyed documents, senator says 17 Aug
2011 ‘The Securities and Exchange Commission destroyed documents and
compromised enforcement case ... “It doesn’t make sense that an agency responsible for investigations
would want to get rid of potential evidence…’ Report: SEC lawyer exposed FBI
informant (WP) [the sec liar (sic – lawyer) typically with a ‘pre or
post’ arrangement, whether implicit or explicit; that ubiquitous ‘bribe thing’
in pervasively corrupt, defacto bankrupt, fallen america. Indeed, the scenario typifies that national drain /
sinkhole new york (new york / new jersey metro) where, for example, FBI
informants were routinely exposed by ‘italians’ in the new york d.a.’s office
over the objection of the FBI, and were murdered by mafia / organized crime [
this was documented with authority in ‘Goombata: The Improbable Rise and Fall
of John Gotti and His Gang’ Cummings /
Volkman ] SEC faulted over records
shredding The SEC destroyed internal documents that should have been
preserved as official federal records, the agency’s inspector general has
found. (Washington Post) [ Oh, if it was only that, and only the SEC; and if
only they did an incisive investigation of the DOJ. Sheriff: Fast
and Furious Bigger Scandal Than Watergate http://www.prisonplanet.com/sheriff-fast-and-furious-bigger-scandal-than-watergate.html Paul Joseph Watson | Over two dozen
Republicans call for Holder to resign. Though heavily redacted, the documents directly discuss “Operation Fast
and Furious” and how it involves “trafficking firearms to Mexico”. Tuesday,
November 1, 2011 . )That’s certainly my experience which comports with reality,
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Financier Stanford is
convicted on most charges
(Washington Post) [ The astute people at zerohedge.com are all over this,
pointing out that the biggest frauds to date (in the trillions, giving rise to
the crisis, still extant and cashed out by way of legislative complicity by way
of change to the FASB rule change that now marks the worthless paper to
anything), by the biggest ‘players’/frauds, have yet to be prosecuted.
In case anyone cares:
Of course, his real crime was not
realizing that if you are going to get busted for ponzinomics, you better make
sure everyone goes down with you. In the meantime, rejoice, sheep, for the
theater of Ponzi crime and punishment continues. Then again one wonders: why are
the perpetrators of the biggest Ponzi of all time, i.e., the central bankers,
walking free? Or Jon Corzine for that matter?
Why insider trading probes are
awkward for SEC (Washington Post) [ If only it wasn’t true that
‘where there’s a will, there’s a way’! Clearly, a lack of will and conflicts,
bribes / quid pro quo, even destruction of evidence, have plagued the SEC. Yet,
their’s is only the province of civil remedies with at best criminal referrals
to the DOJ for prosecution; good luck with that (remember all those
prosecutions promised last election time by what is now the wobama / holder doj
of the still extant high level wall street frauds in the trillions…never
happened - { Obama flush with financial
sector cash The president has managed to raise more money this year
from the sector than any GOP contender. (WP) ( So much for obama and OWS; but
how ‘bout wobama and obs … yes, more ‘obama b*** s*** ! The quid pro quo … the
bribe … Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog Roche 'The worst part of it ...Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billions from the fraud )THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
, http://albertpeia.com/10mostcorruptpols.htm ) }
Insider-trading probe targets
House panel chair Rep. Bachus EXCLUSIVE | Chairman of the House Financial
Services Committee is being investigated. 'This is a dog and pony show'
(Washington Post) [ Yeah! And he’s both the dog and the pony. As for the
paulson meeting and denial of ‘inside information’, one can only say for
certain, giving bachus the temporary but unlikely benefit of the doubt, that
paulson should be in jail for what they did for their buds at goldman et als.
And dern it, as a wine man by definition, how else is he going to afford the
finest vintages and bacchanalian rituals? Yet, one must agree that they’re
already pretty well overpaid http://albertpeia.com/govemployeeretirement.jpg . Well, I guess there’s a little Geckoish
(‘Wall Street’, Oliver Stone) wall street ‘greed is good’ in all capital hill /
government connected reps.
Obama vs. Israel
Priority No. 1? Stop Israel (Washington
Post) [ It’s always so disappointing to see one as intelligent as Mr.
Krauthammer to be so in lockstep with the beligerant war crimes nation israel
(THE POSSESSOR OF 300+ ILLEGAL NUKES NO
DOUBT TARGETING IRAN AMONG OTHER NATIONS). On facts and intellect, Mr.
Krauthammer’s position is indefensible. Actually, wobama gets points for rationality
here; and, as indicated by Mr. Krauthammer’s colleague, Mr. Robinson, Mitt
Romney’s position is little different, being more rational than, ie., that
senile old war mongering dog mccain whose best days, if any, are long since
done, among other neo-cons, national bankrupters, nation destroyers, killers
for no good reason, etc. (They Love Death http://albertpeia.com/theylovedeath.htm)... Respond to , ie., Pat Buchanan: Pat Buchanan: 300 nukes in
Israel yet Iran a threat? RT
| Islamic wars have brought questionable benefit to the US over the last
20 years, former US presidential advisor Pat Buchanan, author of Suicide of a
Superpower, shared with RT. http://albertpeia.com/16reasonswhyonlyfoolssupportswaragainstIran.htm
Would You Support a War Against Iran If You Knew the True Facts? Then there’s
also, from israel’s perspective, ‘the Oedipal Effect’. AIPAC beats the drums of war
From speaker after speaker, intimations that a clash is coming — and probably
soon. (Washington Post) [ How totally
pathetic for pervasively corrupt, defacto bankrupt america. James Forrestal’s
worst fears realized. This wouldn’t have ever happened under the wise auspices
of the great but substantially underrated President General Eisenhower! How
destructive and self-destructive americans have become. In 1948, U.S. Secretary of
Defense James Forrestal, an opponent of the creation of a Jewish state in
Palestine, warned that, even though failure to go along with the Zionists might
cost President Truman the states of New York, Pennsylvania, and California, it
was about time that somebody should pay some consideration to whether we might
not lose the United States!…
, Panetta: Israel must negotiate
with Palestine
Noose tightens around Iranian
oil Tehran may be profiting now with high prices, but E.U., U.S.
measures pinch even before they take effect. (Washington Post) [ Ah, riiiiight! They call this the defacto bankrupt
eu/u.s. pro-zionist/israeli gambit; also known more familiarly as, how to hang
yourself (nation) in one easy lesson. In years to come, this strategy will be
compared to the circular firing squad that places the target in the center and
opens fire repeatedly until all the ‘marksmen’ are dead. SHIPPING CEO: Iran Could Send
Oil To $440/Barrel Business
Insider | The scariest Iran scenario yet comes from Bob Bandos, CEO of
marine logistics and services company GAC North America. ,
The Post’s View Unresolved differences on Iran
Editorial Board U.S. and Israel both seek — but don’t find — reassurance. (Washington Post) [ Differences indeed!
Whether Palestine, Gaza, or any other issue involving war crimes nation,
illegal nuke totin’ israel, as long as the israelis are screwin’ someone, it’s
ok; hence, ie., no resolution (solution) even when there are u.n. resolutions
(242, 338, etc.). It is no small wonder therefore, that talk of final solution
in nazi germany brought literally, cheers throughout even the rest of the
world, even beyond the discernible nazi borders. At some point, people refuse
to bend over and there’s blowback! U.S. client ‘rogue’ state israel has in
excess of 300 illegal nukes, targeted no-doubt at Iran among other nations
(from stolen american nuke technology, no less, along with more recent
‘improvements’). Gerson: Containment won’t work
with Iran (Washington Post)
[ Indeed! Because, there’s nothing to see here other than that typical,
irrational, paranoid, pro-israeli, zionist/neo-con, military industrial complex
b***s*** ! israelis seem resigned to Iran
strike (Washington Post) [ I
think Pat Buchanan just said it best: Pat Buchanan: 300 nukes in
Israel yet Iran a threat? RT
| Islamic wars have brought questionable benefit to the US over the last
20 years, former US presidential advisor Pat Buchanan, author of Suicide of a
Superpower, shared with … http://albertpeia.com/16reasonswhyonlyfoolssupportswaragainstIran.htm
Would You Support a War Against Iran If You Knew the True Facts? And, a u.s. General weighs in: Gen. Dempsey: Iran rational
actor, not after nukes Press TV | General described
any Israeli attack on Iran as “destabilizing.”
Would You Support an Iran War
If … : George Washington : 02/22/2012
http://albertpeia.com/16reasonswhyonlyfoolssupportswaragainstIran.htm
Would You
Support a War Against Iran If You Knew the True Facts?
Would you
support a war against Iran if you knew that:
Russia: Israeli attack on Iran
will bring catastrophe REUTERS
| After UN nuclear watchdog declares collapse in talks with Tehran, Russian FM
says military action would have dangerous consequences.
Gen. Dempsey: Iran rational
actor, not after nukes Press TV | General described
any Israeli attack on Iran as “destabilizing.”
Pat Buchanan: 300 nukes in
Israel yet Iran a threat? RT
| Islamic wars have brought questionable benefit to the US over the last
20 years, former US presidential advisor Pat Buchanan, author of Suicide of a
Superpower, shared with RT. http://albertpeia.com/16reasonswhyonlyfoolssupportswaragainstIran.htm
Would You Support a War Against Iran If You Knew the True Facts?
5 Reasons Iran is NOT a Threat to the U.S. Michael Edwards | Iran is next unless the American people stop living in fear of manufactured threats.
Paul Joseph Watson | Obama
administration firms up support for state-sponsored assassination.
Kurt Nimmo |
Propaganda war edges toward Israeli attack on Iran’s imaginary nukes.
Moriches Daily | The
decision has already been made by the Israeli government to attack Iran’s
nuclear facilities.
Paul Joseph Watson | NATO
powers arm Al-Qaeda in pursuit of regime change.
Kurt Nimmo | Similar
bombing raids under identical pretense were used in Libya.
Paul Joseph Watson | NATO
powers arm Al-Qaeda in pursuit of regime change.
Netanyahu to Obama: Israel
‘reserves the right’ to strike
Washington Free
Beacon | Netanyahu pushed back against the administration’s
repeated attempts to dissuade Israel from attacking Iran.
Ron Paul To Israel “It Doesn’t
Make Any Sense To Attack A Country That’s No Threat To ANYONE!”
CNN | Ron Paul appears on CNN’s State Of The Union and
speaks about his foreign policy.
Obama’s Ineligibility Shocker,
His Enemies Hit List & More with Dr. Jerome Corsi
Prisonplanet.com | Alex welcomes author and leading
birth certificate researcher Jerome Corsi to unveil the latest information on
the shadow war for leading up to the 2012 elections.
The Hill | Most likely voters don’t think the
United States should get involved in Syria despite the worsening crisis there,
according to a new poll for The Hill.
Is China already No. 1? (Washington Post) [ That may be so and for sound
reasons. But, america will still be No.1 in the following areas if not in our
hearts and minds. USA #1? 40 Embarrassing Things
That America Is The Best In The World At http://albertpeia.com/40badthingsusabest.htm
With that
being said, the following are 40 embarrassing things that America is the best
in the world at....
#1 America has the highest incarceration rate and the
largest total prison population in the entire
world by a good margin.
#2 There are
more car thefts in the United States than anywhere else in the world by far.
#3 Of all the
major industrialized nations, America is the
most obese. Mexico is #2.
#4 The average
American drinks more than 600 sodas a year - the most in the
world.
#5 U.S. corporations sell more fast food
and more soda than anyone else in the world by
a wide margin.
#6 Nobody
watches more television per week (28 hours) than Americans do. Although to be honest,
people living in the UK are tied with us.
#7 The United States leads the world in credit card fraud.
#8 The United States has the highest
percentage of one person households on the entire
planet.
#9 The United States has the highest divorce rate in the world by a good margin.
#10 The United States has the highest teen pregnancy rate in the world by far.
#11 There are
more school shootings in America than anywhere else
in the world.
#12 The United States has the highest child abuse death rate in the world.
#13 There are
more "deaths by reptile" in America than
anywhere else in the world.
#14 The United States has the most lawyers per capita in the entire world.
#15 The United States produces more pornography than any other nation in the
world.
#16 Americans take more prescription drugs than anyone else in the world.
#17 More is spent on prescription drug advertising in America than
anywhere else in the world.
#18 The
percentage of women taking antidepressants in America is higher than in any other country in the world.
#19 More people
have been diagnosed with mental disorders in America than anywhere else
on earth.
#20 The United States has the highest rate
of illegal drug use on the entire globe.
#21 There is more
credit card debt in America than anywhere else
in the world.
#22 There is more
mortgage debt in America than anywhere else in
the world.
#23 There is more
student loan debt in America than anywhere else in the world.
#24 The United States spends more money on
government schools than any other nation on earth does.
#25 U.S. citizens spend more time in
school than anyone else in the world. So why are so many of us dumb
as a rock?
#26 Nobody in the
world gets more plastic surgery done than Americans do.
#27 The United States leads the world in eating disorder deaths.
#28 According to nationmaster.com, the United States has the
most total reported crimes in the world by far.
#29 Nobody has
more airport security thugs groping women and children than America
does.
#30 The United States spends much more on
health care as a percentage of GDP than any other
nation on the face of the earth.
#31 The United States has the most complicated tax system on the
entire planet.
#32 The United States has the
most laws on the entire planet.
#33 The United States spends more on the
military than the next 12 nations combined, and yet the
Obama administration is considering plans to unilaterally slash the size of the
U.S. nuclear arsenal by up to 80 percent.
#34 The United States has the most foreign
military bases in the world by far.
#35 The United States exports more arms to other countries than
anyone else in the world.
#36 Americans spend more time sitting in traffic than anyone else in the
world.
#37 Americans spend more money on
elections than anyone else does in the world by a very wide margin.
#38 Every single
year, the United States has the largest trade deficit in
the world by far.
#39 The U.S. government wastes more money than any other government on earth does.
#40 The United States has accumulated the
biggest mountain of government debt in the history of the world.
So is the
USA #1?
Unfortunately,
the answer way too often is yes.
The goal of
this list of embarrassing things is not to trash America.
Rather, the
goal is to wake Americans up and to get them to realize what has happened to
us.
We should
be deeply humbled and embarrassed as a nation. We were once the best in
the world and the envy of the entire globe, but now the whole world is laughing
at us.
America is
supposed to be a beacon of liberty, freedom and prosperity for the entire
planet.
Instead, we
are rapidly turning into a horror show.
Wake up
America. The condition of our country is absolutely shameful, and every
single day it gets even worse.
Please
share this list with as many people as you can. The American people need
a massive wake up call, and it is up to those of us that are awake to share the
truth while we still can.’
They Love Death http://albertpeia.com/theylovedeath.htm
The Post’s View A tear for Putin’s Russia
Editorial Board He reclaims a country that is no longer so sure about him. (Washington Post) [ A tear? How about a cheer … for Putin’s
Russia. No longer sure about him? Indeed, if they listen to the western press
among other ‘anti-Russia’ propaganda outlets / disseminators. Suffice it to
say, much to the chagrin of america / israel / Russia’s enemies, whether
knowingly or not, or just plain oblivious to the threat, by electing Putin,
Russia has just dodged a major ‘bullet’ in a very big way! 3-15-12 There was
mention of Russia’s intent regard a manned moon mission to which I respond to
such if intended by the historically great nation of Russia: Bon voyage! Good
luck! Godspeed!
Putin wins election amid fraud
complaints (Washington Post)
[ Oh come on! Those complaints were coming no matter what. Indeed, the u.s. led
(much like that in the Mid-East, one way or another; ie., Iraq, Libya, etc.)
efforts to unseat ‘The Great Vladimir Putin’ have failed (believe me, they are
seething with envy and resentment for Russia’s good fortune prospectively),
which is a testament to the intelligence and survival instincts of an
historically great nation that has stood the test of time. Yet, I truly believe
there are those in Russia herself who quite foolishly fail to see and
appreciate this reality and the formerly substantial but still extant threat
from without. Moreover, I further posite that almost without exception there’s
substantial fraud / skullduggery in
virtually every venue at every level, municipal, state, federal of near every
american election (coincidentally, on the tv news ‘shock’ was reported that
some local official would receive $272,000 equivalent pension for life,
exceeding even the outrageously high salary of that worker – as in every crime,
the motive, local, state, federal). Who's congratulating Putin? (FP)(Editors)[
I am! Congratulations President Putin!
Five myths about Vladimir
Putin (Washington Post) [
Much like many of problems globally, from strife to economic / financial fraud
/ instability, the myths are of particularly american and western origin; and,
a consequence of their seething envy of and resentment toward this talented,
great leader of an historically great nation.
Gen. Dempsey: Iran rational
actor, not after nukes Press TV | General described
any Israeli attack on Iran as “destabilizing.”
Pat Buchanan: 300 nukes in
Israel yet Iran a threat? RT
| Islamic wars have brought questionable benefit to the US over the last
20 years, former US presidential advisor Pat Buchanan, author of Suicide of a
Superpower, shared with RT. http://albertpeia.com/16reasonswhyonlyfoolssupportswaragainstIran.htm
Would You Support a War Against Iran If You Knew the True Facts?
5 Reasons Iran is NOT a Threat to the U.S. Michael Edwards | Iran is next unless the American people stop living in fear of manufactured threats.
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog ) (America also leads in the illegal drug
trade. In fact, many researchers reveal that the war on drugs is only
utilized to control and monopolize the illicit drug trade. The US
government has been caught multiple times shipping in cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels
[ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now
openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In
fact, Global Research points out
that in 2001, “according to UN figures, opium production had fallen to 185
tons. Immediately following the October 2001 US led invasion, production
increased dramatically, regaining its historical levels.” This month,
the U.N. announced
that Afghanistan now provides 93% of the
world’s opium production [
http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons.
Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm ) ‘When they’re
losing, they can afford to be principled’ says corrupt mobster trump regarding
the snubbing of his ‘less than moderation’ of an upcoming debate in Iowa by the
remaining principled GOP contenders. In reality, it’s actually ‘when you’re
winning, you can afford to be principled’. But, in trump’s corrupt, sordid,
sinkhole habitat, the former is indeed his truth. If you’re principled, you’re
losing in trump’s rather surreal unreality. After all, pervasively corrupt and
unprincipled america is indeed losing; and, big-time at that. That trump is a
megalomaniac, a narcissist, and, yes … a loser, there is no question. Indeed,
anyone who ‘wins’ unfairly (corruption, etc.) at others expense (ie., himself,
the frauds on wall street, etc.) is a loser. Unfortunately, such modus
operandi, including that which is criminal, has been accorded protection and
respect in defacto bankrupt america, much like the ‘protected’ (bribes, etc.)
common drug dealer (america, see infra), pimp, etc.. Then there’s the endearing
(to a dumbed down american public) hype! That cloyingly cutesy ‘the donald’
routine is nauseating; but, that’s the natural, visible concomitant to a nation
in ineluctable decline! On a positive note, megalomaniac trump will not be able
to retread the path of his role model / idol Adolf Hitler as head of state.
He’s really quite a joke when you think about it; and a mentally ill one at
that; ask Steve Wynn, he’ll tell you, he’s already said it.
‘Pizza with palin’, ‘town hall of fame with
Bachmann’, trump purports to be at least ‘alcohol free’ (the alleged cause – I
don’t think so – of mobster trump’s elder brother’s suicide); but is he
‘med-free’? … there must be something to account for his madness (he’s a
psychopath who used to play Hitler speeches for inspiration).
Trump to moderate GOP debate
This won’t end well. (Washington Post) [ Goes without saying… of all people to
choose … Why not Jerry Springer?… ‘Non-celebrity Apprentice’, the new reality
show, as in who scratches whose back for favors down the road, as in quid pro
quo, as in trump’s continued ‘graduation’ from commonly mob connected, to new
york/new jersey politically sordid sinkholes, to now failed washingtonian …
‘establishment’? Hasn’t trump’s rise coincided with the nation’s decline /
demise? I’ve seen the corruption first hand! http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv Does regulation really kill
jobs? (Washington Post) [ Just those corruption-related ones; those
organized crime, as well as disorganized crime jobs for which there’s plenty of
‘quid pro quo’, bribes, etc., to go around. Energy Dept. failed to act as
Solyndra sank (WP) [ This stuff is becoming all too typical. I believe
it’s time to start questioning what federal employees get paid for. After all,
pervasively corrupt america is defacto bankrupt ( America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke…The government’s total indebtedness is $211 trillion’ ) . Moreover,
america’s pervasive corruption, even crimes,
has become synonomous with the machinations of any number of federal
agencies / departments / all branches of government (ie., DOJ – holder/fast and furious/race bias UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims ,
Fannie / Freddie Mac , SEC
destroyed documents, senator says 17 Aug
2011 ‘The Securities and Exchange Commission destroyed documents and
compromised enforcement case ... “It doesn’t make sense that an agency responsible for
investigations would want to get rid of potential evidence…’ Report: SEC lawyer exposed FBI
informant (WP) [the sec liar (sic – lawyer) typically with a ‘pre or
post’ arrangement, whether implicit or explicit; that ubiquitous ‘bribe thing’
in pervasively corrupt, defacto bankrupt, fallen america. Indeed, the scenario typifies that national drain /
sinkhole new york (new york / new jersey metro) where, for example, FBI
informants were routinely exposed by ‘italians’ in the new york d.a.’s office
over the objection of the FBI, and were murdered by mafia / organized crime [
this was documented with authority in ‘Goombata: The Improbable Rise and Fall
of John Gotti and His Gang’ Cummings /
Volkman ] SEC faulted over records
shredding The SEC destroyed internal documents that should have been
preserved as official federal records, the agency’s inspector general has
found. (Washington Post) [ Oh, if it was only that, and only the SEC; and if only
they did an incisive investigation of the DOJ. Sheriff: Fast
and Furious Bigger Scandal Than Watergate http://www.prisonplanet.com/sheriff-fast-and-furious-bigger-scandal-than-watergate.html Paul Joseph Watson | Over two dozen
Republicans call for Holder to resign. Though heavily redacted, the documents directly discuss “Operation Fast
and Furious” and how it involves “trafficking firearms to Mexico”. Tuesday,
November 1, 2011 . )That’s certainly my experience which comports with reality,
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
Why insider trading probes are
awkward for SEC (Washington Post) [ If only it wasn’t true that
‘where there’s a will, there’s a way’! Clearly, a lack of will and conflicts,
bribes / quid pro quo, even destruction of evidence, have plagued the SEC. Yet,
their’s is only the province of civil remedies with at best criminal referrals
to the DOJ for prosecution; good luck with that (remember all those
prosecutions promised last election time by what is now the wobama / holder doj
of the still extant high level wall street frauds in the trillions…never
happened - { Obama flush with financial
sector cash The president has managed to raise more money this year
from the sector than any GOP contender. (WP) ( So much for obama and OWS; but
how ‘bout wobama and obs … yes, more ‘obama b*** s*** ! The quid pro quo … the
bribe … Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog Roche 'The worst part of it ...Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billions from the fraud )THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
, http://albertpeia.com/10mostcorruptpols.htm ) }
Insider-trading probe targets
House panel chair Rep. Bachus EXCLUSIVE | Chairman of the House
Financial Services Committee is being investigated. 'This is a dog and pony show'
(Washington Post) [ Yeah! And he’s both the dog and the pony. As for the
paulson meeting and denial of ‘inside information’, one can only say for
certain, giving bachus the temporary but unlikely benefit of the doubt, that
paulson should be in jail for what they did for their buds at goldman et als.
And dern it, as a wine man by definition, how else is he going to afford the
finest vintages and bacchanalian rituals? Yet, one must agree that they’re
already pretty well overpaid http://albertpeia.com/govemployeeretirement.jpg . Well, I guess there’s a little Geckoish
(‘Wall Street’, Oliver Stone) wall street ‘greed is good’ in all capital hill /
government connected reps.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv Does regulation really kill
jobs? (Washington Post) [ Just those corruption-related ones; those
organized crime, as well as disorganized crime jobs for which there’s plenty of
‘quid pro quo’, bribes, etc., to go around. Energy Dept. failed to act as
Solyndra sank (WP) [ This stuff is becoming all too typical. I
believe it’s time to start questioning what federal employees get paid for.
After all, pervasively corrupt america is defacto bankrupt ( America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke…The government’s total indebtedness is $211 trillion’ ) . Moreover,
america’s pervasive corruption, even crimes,
has become synonomous with the machinations of any number of federal
agencies / departments / all branches of government (ie., DOJ – holder/fast and furious/race bias UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims ,
Fannie / Freddie Mac , SEC
destroyed documents, senator says 17 Aug
2011 ‘The Securities and Exchange Commission destroyed documents and
compromised enforcement case ... “It doesn’t make sense that an agency responsible for
investigations would want to get rid of potential evidence…’ Report: SEC lawyer exposed FBI
informant (WP) [the sec liar (sic – lawyer) typically with a ‘pre or
post’ arrangement, whether implicit or explicit; that ubiquitous ‘bribe thing’
in pervasively corrupt, defacto bankrupt, fallen america. Indeed, the scenario typifies that national drain /
sinkhole new york (new york / new jersey metro) where, for example, FBI
informants were routinely exposed by ‘italians’ in the new york d.a.’s office
over the objection of the FBI, and were murdered by mafia / organized crime [
this was documented with authority in ‘Goombata: The Improbable Rise and Fall
of John Gotti and His Gang’ Cummings /
Volkman ] SEC faulted over records
shredding The SEC destroyed internal documents that should have been
preserved as official federal records, the agency’s inspector general has
found. (Washington Post) [ Oh, if it was only that, and only the SEC; and if
only they did an incisive investigation of the DOJ. Sheriff: Fast
and Furious Bigger Scandal Than Watergate http://www.prisonplanet.com/sheriff-fast-and-furious-bigger-scandal-than-watergate.html Paul Joseph Watson | Over two dozen
Republicans call for Holder to resign. Though heavily redacted, the documents directly discuss “Operation Fast
and Furious” and how it involves “trafficking firearms to Mexico”. Tuesday,
November 1, 2011 . )That’s certainly my experience which comports with reality,
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Ignatius: American history’s
greatest flip-flop (Washington Post) [ That’s only if you can be
certain of what’s been flipped; and, sifting through the obfuscation and
propaganda, what’s really flopped in terms of so-called ‘american
history’.
The Gospel according to Obama
The president’s contradictory theologies. (Washington Post) [ Oh come on, Mr.
Krauthammer! Who’s still counting? Wobama’s total jive-talking b***s***! I
mean, count the ways! There’s absolutely no end to his jive! Who’s still buyin’
/ believin’? Fools and other ‘tools’?
Meyerson: Out-of-touch
Republicans (Washington Post) [ Oh! Riiiiight! It’s just those dern republicans;
since, every 4 years the dems (and wobama) are all ears (that’s literally and
figuratively). Not that anything of substance actually comes of their being all
ears, but we should be grateful they’re listening despite that being precisely
what they’re supposed to be doing along with the action consistent therewith.
Republicans in fantasy land Wednesday’s debate presented a party adrift
from reality. (Washington Post) [ This
article refers to republicans only. Now who’s in fantasy land … Mr. Hiatt. The
embrace of fantasy economically, fiscally, financially, politically,
geo-politically is truly a bi-partisan undertaking. See chart: http://albertpeia.com/debtpercapita.jpg
. Here’s some bi-partisan u.s. debt reality: http://albertpeia.com/34shockingfactsaboutusdebt.htm . National debt will likely
swell under top GOP hopefuls’ plans, report shows Analysis finds Ron
Paul’s tax plan is the exception and would slice about $2 trillion from future
borrowing. (Washington Post) [ Nothing
could match the swelling seen under wobama the b for b***s***, particularly
while in ‘election year mode’. At this point, who’s counting? Swelling indeed!
The nation’s now one big hematoma of insurmountable debt! The growing deficit? It’s not
as bad as it looks. Modern Monetary Theory, which asserts that
budget shortfalls are actually good for the economy, is gaining popularity. If
accepted by policymakers, this unorthodox take on financial strategy could
affect everything from job creation to the price of goods to the tax code.
(Washington Post) [ Not as bad as it looks? Yeah! It’s worse! When I saw this
headline juxtapsed with Dylan, immediately apropo to the moment was ‘Blowin’
(in the) Wind’ by Bob Dylan. How totally preposterous; not that it is totally
unexpected that such spin, defense of the indefensible is inevitible inasmuch
as, prudent or not, like it or not, that’s the way it is in a very big way. So
big in fact, that it is literally insurmountable leading to Weimar
over-printing of fiat paper currency of unprecedented historical proportion
which has already required ‘cover stories’/obfuscation for the consequent
ratcheting of food / energy prices, etc., with other costs soon to catch up
with incomes statements as these higher prices will not be favorably received
nor successfully passed on.
Obama looks to tame U.S. debt
Spending plan would pump nearly $500 billion into new construction projects
over the next decade. (Washington Post) [ Tame u.s. debt … Yes indeed, by more
record level spending … Sounds like a plan! Well, you know the drill; it’s an
election year and it takes money ( that’s not really there, and no, not to make
money ) to if not get elected, to enable an argument that, though
contraindicated, you should be elected. I think we’ve passed the ‘fool me
twice, shame on me’ threshold. Obama Revises CBO Deficit
Forecast, Predicts 110% Debt-To-GDP By End Of 2013, Worse Deficit In 2012 Than
2011 Durden , Ben Bernanke FTMFW Quote Of
The Day Durden And the winner is... BERNANKE:
HOUSING MAY NO LONGER BE VIEWED AS SECURE INVESTMENT … Here are some other
pearls of ‘is dumb’ from helicopter ben b.s. shalom bernanke : http://albertpeia.com/30bunglebenbernankequotes.htm , How much has Obama added to
debt? OPINION | The amount he’s actually responsible for adding to
the deficit is difficult to calculate.
(Washington Post) [ Well, when you’re dealing with debased, over-printed
fiat currency and insurmountable debt levels, the precise amount of debt added
on his watch matters less than the fact that he’s increased america’s debt by
an amount in excess of the total amounts of all the nations’ presidents since
Eisenhower combined. (34 Shocking Facts About U.S.
Debt That Should Set America On Fire With Anger http://theeconomiccollapseblog.com http://albertpeia.com/34shockingfactsaboutusdebt.htm ‘We have all been lied to. For
decades, the leaders of both major political parties have promised us that they
can fix our current system and that they can get our national debt under
control. As the 2012 election approaches, they are making all kinds of
wild promises once again. Well you know what? It is all a giant
sham. The United States has gotten into so much debt that there will be
no coming back from this. The current system is irretrievably broken…
Professor Laurence J. Kotlikoff, the U.S. is facing a "fiscal gap" of
over 200 trillion dollars in the future. The following is a brief excerpt
from a recent article that he did for CNN...The
government's total indebtedness -- its fiscal gap -- now stands at $211
trillion.. The fiscal gap is the difference, measured in present value, between
all projected future spending obligations -- including our huge defense
expenditures and massive entitlement programs, as well as making interest and
principal payments on the official debt -- and all projected future taxes…#33 If you add up all forms of debt in
the United States (government, business and consumer), it comes to more than 56 trillion dollars.
That is more than $683,000
per family…).
Milbank: Burning bridges in
Washington (Washington Post)
[ Burning bridges? What, London bridge is falling down? (Actually, in a manner
of speaking it is: George Osborne: UK has run out
of money London Telegraph |
The Government ‘has run out of money’ and cannot afford debt-fuelled tax cuts
or extra spending, George Osborne has admitted.) Oh, sure; this, from wobama
aficionado Mr. Milbank. And, despite spending more than all the presidents
since Eisenhower combined, wobama cannot obfuscate, manipulate, mask his
complete and utter failure and for once in his life must be held accountable
for even his own words (b***s***): ‘…
“The president said three years ago that if he couldn’t turn this around in
three years, then this would be a one-term proposition. Well, Republican
governors are deciding it’s time to collect. It’s time for a new president.” A
third governor, Nikki Haley of South Carolina, piled on. “It was frustrating to
see that he once again was finger-pointing at everyone else, and we don’t have
that luxury,” she said, instructing the president: “Enough of the talk.” You’d
literally have to go back to Jimmy Carter’s years in the White House, back in
the 1970s, to match the liberal ideology, to match the incompetence.” Virginia
Gov. Bob McDonnell proposed a remedy …’
. After all, if he had but done what he said he would do upon which he
campaigned and was elected, though still dire, the nation’s predicament would
have been substantially improved. Moreover, if he had done as promised,
whatever the outcome, he could not have been faulted as he so fittingly does
deserve to be so now.
Gallup: Obama's favorability
lowest of any nominee since Bob Dole (Washington Post) [ There’s absolutely no surprise here! The only real
surprise is that his favorability isn’t substantially lower. After all, the
cost of maintaining even this near record low favorability is unprecedented
record high spending exacerbating pervasively corrupt, defacto bankrupt’s
america’s already insurmountable debt level disaster. Obama Economists Admit: 'Stimulus' Cost $278,000 per
Job... , 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…
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. At some point, his statute of limitations on blaming
Bush runs out…’
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, and if all
of a sudden people could not use credit to buy things our economy would
immediately ground to a halt. Unfortunately, no debt bubble can last
forever. When this current debt bubble finally bursts, faith in the
financial system is going to disappear, credit is going to freeze up and there
is going to be a massive wave of bank failures.
In Obama’s export push, clash
of U.S. interests That collision has been evident in the U.S.
airline industry, where policies that aided Boeing forced another American
company, Delta, to lose business. Experts say the approach by Obama, who is
visiting a Boeing plant today, forces him to pick winners and losers. ‘Service sector cannot and
should not lead our economy’ (Washington Post) [ Ramping up the
rhetoric; or rather, the b***s***, which is what wobama does best though his
actions and inactions since last campaign mode belie his words. First, there
isn’t enough real capital in the world to sustain america’s debt burden, and,
the over-printed fiat paper weimar dollar currency will be ‘paid for’ by ‘all’.
Second, even assuming, arguendo, the absence of the foregoing insurmountable
burden / obstacle, there simply is not enough capital in the world to
retransition what’s been decades in the making overseas with modern plants and
equipment there, now here, much less being profitable to do so. Too little, too
late for wobama the b for b***s*** whose actions have consistently belied his
words, and who has literally further insurmountably bankrupted the nation with
excessively costly and uneconomic window-dressed numbers. For example,
taxpayers should get a share of the GM profits since they’re paying for them,
ie., { to pad stats - Drudgereport: Obama Economists Admit: 'Stimulus' Cost $278,000 per
Job... } and those
unaffordably costly cars { to pad sales - Drudgereport (on Government Motors): REPORT: Chevy Volt Costing Taxpayers Up to $250K Per
Vehicle... CAVUTO: Volt sales inflated with taxpayer fleet
buys... } Is the unemployment rate
misleading? WONKBLOG | Some point out that it doesn’t count those
who’ve given up looking for work. (Washington Post) [ Duh! Ya think? I don’t
even buy their raw numbers; and, even if, arguendo, their raw numbers real,
they are election year expedient at best for ‘reporting purposes’ and
uneconomic, overcostly, and very, very temporary http://albertpeia.com/governmentfraudulentemploymentstats.htm . White House was warned about
Solyndra layoffs E-mails show Energy Dept. asked firm in October
2010 to delay news of layoffs until after midterm vote. (Washington Post) [
Those unaffordably costly jobs and those unaffordably costly military
industrial complex welfare programs .
The ‘so-called improvement’? At what cost for election appearances
only? ***? Milbank: Obama’s budget games
He avoided anything resembling a serious proposal. (Washington Post) [ I’m
totally astounded! I really am! I even checked / refreshed to see if this was a
print / display error! Praise the Lord! It’s true! Criticism of his much-loved
wobama! Even pinched myself to see if I was dreaming. Who woulda think it? Tough love? I’d say we’ll happily take any
criticism of wobama by Mr. Milbank as welcomed and nothing short of a
monumental breakthrough, whatever the reason. But indeed Mr. Milbank’s quite
right and the context is surely typical wobama election-year b***s***!
Karen Santorum: Presidential
run is 'God's will'
(Washington Post) [ The place they call Heaven to Karen Santorum: News Flash –
God has more important things and worlds to attend to … Further News Flash –
Though not popular fare among rationalizers … Look around you, worldwide.
Clearly, the world where the Christ was brutally crucified (it would happen
again and again here) is certainly not God’s favorite, euphemistically speaking
… Final News Flash – No, the Christ was not sent here by God to be brutally
murdered / sacrificed like some animal in some pagan ritual for the sake of
some primitive species evolved from initially notochords, primitive chordates,
and relatively more recently primitive apes. Summary Conclusion: Decades at
best, people don’t flatter yourselves; in earthly vernacular, God doesn’t give
a flyingf*** about this, or any other election. Deceivers all (look at all the
pervasive frauds, deceptions embraced by so many), do not deceive yourselves. http://albertpeia.com/anthroindex1.htm
Gerson: Containment won’t work
with Iran (Washington Post)
[ Indeed! Because, there’s nothing to see here other than that typical,
irrational, paranoid, pro-israeli, zionist/neo-con, military industrial complex
b***s*** ! israelis seem resigned to Iran
strike (Washington Post) [ I
think Pat Buchanan just said it best: Pat Buchanan: 300 nukes in
Israel yet Iran a threat? RT
| Islamic wars have brought questionable benefit to the US over the last
20 years, former US presidential advisor Pat Buchanan, author of Suicide of a
Superpower, shared with … http://albertpeia.com/16reasonswhyonlyfoolssupportswaragainstIran.htm
Would You Support a War Against Iran If You Knew the True Facts? And, a u.s. General weighs in: Gen. Dempsey: Iran rational
actor, not after nukes Press TV | General described
any Israeli attack on Iran as “destabilizing.”
Would You Support an Iran War
If … : George Washington : 02/22/2012
http://albertpeia.com/16reasonswhyonlyfoolssupportswaragainstIran.htm
Would You
Support a War Against Iran If You Knew the True Facts?
Would you
support a war against Iran if you knew that:
Russia: Israeli attack on Iran
will bring catastrophe REUTERS
| After UN nuclear watchdog declares collapse in talks with Tehran, Russian FM
says military action would have dangerous consequences.
US Embassy In Afghanistan In
Lockdown After Being Targeted By Angry Protesters CNN | Hundreds have forced the US
embassy in Kabul into lockdown.
Super-PAC donors act as GOP
kingmakers A rarefied group
of millionaires and billionaires is acting as kingmakers in the Republican
presidential contest, often helping to decide, with a simple transfer of money,
which candidate might survive another day in race. (Washington Post) [ Let’s not limit this ‘oligarchy in action’ scenario
to the republicans. After all, it took some scrutiny from across the sea to
ferret out early on a similar scenario regarding ‘the man of the people’, ‘the
man of change’ (NOT on both counts) wobama the b for b***s***; viz., David
Icke, Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| infra ‘...Obama is just more of the same, a
big smile with strings attached, and controlled completely by those that chose
him, trained him, sold him and provided his record funding, kept his many
skeletons under wraps, like the gay sex and crack cocaine .. Larry Sinclair
(from affidavit: 1. Who is Ron Allen that claims to be with your Presidential
camp, who is alleged to claim that someone claiming to represent me called
asking for $100,000, to keep me from coming forward about our (Obama and I)
November 1999 encounter of sex and cocaine use?), ... Obama is just another
Banksters' moll prostituting himself .., and that's why he supported the
grotesque bail-out of the banking system and why he will always put their
interests before the people. His financial advisors are straight from the Wall Street
'A' list, including Paul Adolph Volker (Trilateral Commission, Council on
Foreign Relations, Bilderberg Group), the head of the Federal Reserve from 1979
to 1987 and Illuminati to his fingertips. Obama has made him head of the
Economic Recovery Advisory Board, which is dominated by insiders, including its
staff director and chief economist, Austan Goolsbee, a close Obama associate
from the University of Chicago. Goolsbee is an initiate of the infamous
Illuminati Skull and Bones Society at Yale University, which also includes Boy
and Father Bush. It was Goolsbee who told the Canadian government not to worry
about Obama's attacks on the economic effects of free trade agreements because
his words were just to win votes in the election campaign. Another Wall Street
insider, the Zionist Timothy Geithner (Bilderberg Group, Trilateral Commission,
Council on Foreign Relations), was appointed by Obama to be his Treasury
Secretary. Geithner was the President of the New York Federal Reserve Bank, the
most powerful in the private Federal Reserve cartel that masquerades as
America's central bank, and he is a former employee of both the Council on
Foreign Relations and the appalling Kissinger Associates. Obama's Treasury team
locks into the inner circle around the Zionist Robert Rubin, the Director and
Senior Counselor of Citigroup, co-chairman of the Council on Foreign Relations,
and economic advisor to Obama. Rubin, a member of the Illuminati Bilderberg
Group, was the man behind Citigroup's strategy of expanding its risk in debt
markets which forced it to be rescued by taxpayers' money. The very people who
caused the financial crisis are being appointed by Obama to decide how to
respond to it (more taxpayers' money for them and their friends)’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Putin unleashes wave of
anti-American sentiment ahead of March elections Can U.S.-Russian
relations withstand damage from attacks that have gotten more aggressive?
(Washington Post) [ One can hardly expect a great leader of a great nation as
Russia (yes, it is President Putin) to roll over and bend over for a
pervasively corrupt, defacto bankrupt, meaningfully lawless nation as america
surely is. The question always boils down to the ultimate cost of better
relations with the u.s.. For indigenous populations and foreign nations that
have tested the waters of ‘better relations with america’, the outcomes have
been fatal (Iraq, Libya, etc., to name a recent few). I personally am
constrained to sound and be accused of being ‘anti-american’ (not really, but
by their spin certainly) by standing for my rights in property and
constitutionally and resisting the costly corruption by the lawless oligarchs
presiding over america’s declining / falling destiny today. The vast majority
of americans this day are being irrevocably screwed by the u.s. government
which is for the sake of current obfuscation bankrupting all in futurity. The
corruption is real in america, at the highest levels of all branches of the
u.s. government, and I’ve seen this first hand. Then there’s the illegal wars
based on lies, war for the sake of heroin production (Afghanistan), and the
list goes on (Panama, etc.). http://albertpeia.com/fbimartinezcongallard.htm
Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of
the war on drugs is centers on the amount of drug trafficking that benefits the
CIA and international banking system. Natural News
February 1, 2012 [ http://albertpeia/americangovernmentdrugtrafficking.htm http://albertpeia/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
Vladimir Putin: My vision for
a better Russia (Washington Post) [ I certainly agree that Putin is
a man of vision and a great leader of an historically great nation with a long,
rich history. Moreover, as he astutely points out, candidates’ worthless
promises have the hollow ring we see epitomized by the jive-talker wobama. As
Russia made the transition passing through that oligarchical stage as
mentioned, america has devolved into an oligarchy for which there are no
meaningfully enforced laws / rules and for which this parasitic, symbiotically
venal interaction between elements of all branches of the u.s. government and
the oligarchs (ie., wall street, etc.) has been destructive domestically (ie.,
the national drain of corruption on k street, huge frauds, etc.) and globally
(the military industrial complex, wars, etc.). The story of america’s rather
brief history, beyond the propaganda, is, in a nutshell, one of ‘taking without
asking’, without regard to meaningful law, common decency, or morality. The
taking includes lives, property, and most recently, liberty (as manifested in
various nefarious, self-created problems for which they provide ‘the solution’;
ie., encroachments on speech, etc.).
Ter·ror·ist (Noun): Anyone Who
Disagrees with the Government : George Washington : 02/08/2012 - 01:03 Any American Who
Criticizes the Government May Be Labeled a Terrorist
SYRIA: CIA-MI6 Intel Ops and
Sabotage Felicity Arbuthnot | American and British
intel agencies are in Syria executing a plan of destabilization
Pakistan Warns West Over Drone
Killings of Innocent Civilians The Sun | Pakistan
warned Britain to help stop the American “Drone Wars” that are slaughtering
hundreds of its innocent civilians.
Iran: A Manufactured Threat Stephen
Lendman | US media engineers recycle old messages – to pull the
American mind-set towards a new war
Five myths about the
presidency (Washington Post) [ Five? Is that all? I can with ease
rattle off fifty-five myths relative to those of the last several decades. And,
none of them flattering I might add. As for longevity, given their attentive,
quality medical care and post office (no pun intended) stress free living, the
lengthy aberation is not at all surprising to me. Well here’s a big one not on
the list: http://albertpeia.com/obamadeceptionhighqualityversion.flv
Why Iran wants the bomb
(Washington Post) [ Assuming, arguendo, that they do (want the bomb – they deny
it –but israel also denied or pretends by silence what everyone knows ain’t so,
or none of anyone’s business), they could always say the why is ‘better
relations with america’ as has worked for contraindicated american favorite
israel (they could also point out that at least they didn’t steal the nuke tech
from the u.s. as did israel). The reference to alleged culpability regarding
the ‘attempted’ revenge (and the notion of revenge is important and acknoledges
what all know is israel culpability regard the assassination of the subject
Iranians) killings of israeli dips which have been described by some as false
flag attempts to rally support for
invading Iran. I think that say what may, if bellicose, militant israel’s got
it, so too should Iran.
Kurt Nimmo | Determined to fan the flames of hysteria and set the stage for a
devastating attack on Iran.
Prisonplanet.com | The supposed terror plot to bomb
Washington DC was yet another FBI set up.
The Hegelian Dialectic:
Infowars Nightly News
Prisonplanet.com | Derrin McBreen discusses the
Hegelian Dialectic, otherwise known as “Problem-Reaction-Solution”
London Guardian | Officials in key parts of the Obama
administration are increasingly convinced that sanctions will not deter Tehran.
Milbank: With Hispanics, a GOP
death wish (Washington Post) [ Wow! GOP death wish? A bit
melodramatic on the part of Mr. Milbank. Coupled with yesterday’s long overdue
criticism of wobama, one has to wonder whether it’s the dc drinking water
that’s the culprit. Then again, could this be a rhetorical way of criticizing
the GOP in favor of the Dems or a legitimate heads up so as to preclude the GOP
from shooting themselves in the foot. I know not nor care not; the context is
the key. Indeed, federal judiciary? Like most things american, the federal
courts are rife with corruption. Since when should politics trump (includes
corrupt judge maryanne trump barry, and shiff, matz, etc. ) judicial integrity
and experience? Answer: since america beyond the propaganda is what inherently
criminal, pervasively corrupt defacto is what america truly is and has been.
Examples of federal judicial corruption already include the likes of sam alito
among others, who though incompetent and corrupt and unequivocally deserving of
jail time, sits now on the u.s. supreme court ( http://albertpeia.com/fbimartinezcongallard.htm , and infra).
The Post’s View Drawdown in Afghanistan
Why should troops die this year if U.S. is leaving next year? (Washington Post)
[ Indeed! But the larger question is why should they have died in Afghanistan
at all? Well, the answer’s simple, even beyond the military industrial complex
/ war profiteer thing. It’s not a question of the heroes in; but rather, it’s
all about the heroin. Yes, heroin! That icky, sticky highly addictive and
devestating drug that the most sordid of organized crime ilk here and abroad
find so appealing and lucrative. And, it’s ‘high time’ for this very newspaper
(among all others and media) to step up and say what everyone with a computer
and internet connection with a desire to know already knows; viz., the u.s.
government is in the illegal drug business (including heroin, cocaine, etc.) in
a very big way. Back when I brought a RICO action involving drug money
laundering (see infra) I never in my wildest dreams could have thought that
reality to be so, yet indeed it is so.
Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of
the war on drugs is centers on the amount of drug trafficking that benefits the
CIA and international banking system. Natural News
February 1, 2012 [ http://albertpeia/americangovernmentdrugtrafficking.htm http://albertpeia/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
Today in Afghanistan, American troops have been seen
guarding poppy fields used to make heroin. Those fields were all but wiped out
by 2001 when the Taliban destroyed them and forbade that agricultural pursuit.
Now they’re flourishing again after the American occupation.
This doesn’t make sense despite all the mainstream
reports that American troops are protecting the poppy farmers from the bad
guys. Internet sites such as Prison Planet, Info Wars, The Political
Coffeehouse and others report otherwise. They connect the CIA and US military
to restarting the poppy fields in Afghanistan in 2002, increasing poppy growth
by over 650 percent. Who’s telling it like it is?
The CIA’s secret operations to influence journalism
started in the 1950s by infiltrating the media and bribing journalists to be
operatives and assets for the CIA. By 1976, then CIA director William Colby
reportedly bragged that the CIA owned the press. Supposedly, this too secret to
name operation was coined “Operation Mockingbird” by Deborah Davis in her book Katherine
the Great.
Operation Mockingbird worked well against prize
winning journalist Gary Webb when his newspaper, the San Jose Mercury News,
ran his in depth series on CIA drug trafficking that flooded the USA to help
finance the CIA backed Nicaraguan Contras during the 1980s.
Journalists all over the USA jumped on the series,
claiming Webb’s journalism was shoddy. The newspaper had to recant and fire
him, and Gary Webb was black listed from mainstream journalism completely.
Webb retaliated by having his book Dark Alliance
published and making the NY Times best seller list, forcing some of his
critics to privately eat crow after the fact.
Despite the CIA’s control of the press, a few Mexico
and Central America cocaine busts of plane cargoes and discoveries of large
cocaine stashes on crashed planes with CIA hired pilots flying them for front
companies did hit the mainstream news, albeit briefly.
Remember the movie “Air America?” It was based on an
actual CIA owned front company transporting tons of heroin from Southeast
Asia’s “Golden Triangle” poppy fields during and after the Vietnam conflicts.
Now Afghanistan and the “Golden Crescent” are the featured opium/heroin conduit
sources.
When the U.S. government made deals with the Cosa
Nostra mafia to help police ports and harbors during WW II, they breathed life
into the heroin trade. Eventually, Marseilles, France was set up by the
Corsican mafia to become the “French Connection” for heroin traffic.
But opium trade history goes back further, to
colonial times and early America. That’s when American shipping magnates used
their fast Clipper Ships to compete with England’s monarch sanctioned dope
running East India Company for transporting opium to China.
A few key players created family fortunes from the
China opium trade that exist today within some northeast America’s “old money”
families.
Among the familiar family names, according to Wikipedia
(source below) is Forbes. Another source mentions Astor, a prominently
wealthy philanthropic family around New York today (Wiki source below). In
those days, trafficking dope was a legitimate business endeavor, immoral but
not illegal.
Now it is illegal as well. Ironically, this allows
the biggest illicit drug providers to financially benefit the CIA and
international banking.’
Sources for this article include:
http://whatreallyhappened.com/RANCHO/POLITICS/MOCK/mockingbird.php
http://en.wikipedia.org/wiki/Forbes_family
http://en.wikipedia.org/wiki/John_Jacob_Astor
http://thepoliticalcoffeehouse.com/2011/12/01/us-military-opium-afghanistan/
http://www.minormusings.com/Drugs/Mask.html
See
also:
Big Banks, Gov’ts Collude in Drug War Hypocrisy
Much Of Afghan Drug Money
Going To ‘Our Friends’
Steady Stream of Drug Money
Departs Afghanistan, U.S. Officials Flummoxed
Afghan CIA Drug Kingpin Shot
Dead by Own Bodyguard
Afghanistan drug trade hits $4 billion a year
Occupiers involved in drug
trade: Afghan minister
US and NATO protecting Afghan drug trade
B.C. RCMP seize 60,000 poppy
plants in record haul
NATO rejects Russian call for
Afghan poppy spraying
War on drugs is a hoax: US
admits to guarding, assisting lucrative Afghan opium trade
UN: Afghan opium production up
by 61% under NATO’s watch
DOJ: Drug Cartel’s Influence
Extends Well Beyond Border Well Into the U.S.
2012
Update: What Part III of the financial crisis will look like
http://www.stansberryresearch.com/pro/1108PSINEWVD/PPSIN138/PR
http://www.stansberryresearch.com
http://www.stansberryresearch.com/pro/1108PSINEWVD/PPSIN111/PR
http://www.albertpeia.com/stansberrysinvestmentadvisory.flv
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
http://albertpeia.com/3real2.png
http://albertpeia.com/3real3.png
http://albertpeia.com/3real4.png
I Can’t Take It Anymore! When
Will The Government Quit Putting Out Fraudulent Employment Statistics? http://theeconomiccollapseblog.com http://albertpeia.com/governmentfraudulentemploymentstats.htm
The Post’s View Drawdown in Afghanistan
Why should troops die this year if U.S. is leaving next year? (Washington Post)
[ Indeed! But the larger question is why should they have died in Afghanistan
at all? Well, the answer’s simple, even beyond the military industrial complex
/ war profiteer thing. It’s not a question of the heroes in; but rather, it’s
all about the heroin. Yes, heroin! That icky, sticky highly addictive and
devestating drug that the most sordid of organized crime ilk here and abroad
find so appealing and lucrative. And, it’s ‘high time’ for this very newspaper
(among all others and media) to step up and say what everyone with a computer
and internet connection with a desire to know already knows; viz., the u.s.
government is in the illegal drug business (including heroin, cocaine, etc.) in
a very big way. Back when I brought a RICO action involving drug money
laundering (see infra) I never in my wildest dreams could have thought that
reality to be so, yet indeed it is so.
Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is centers on
the amount of drug trafficking that benefits the CIA and international banking
system. Natural News
February 1, 2012 [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The
hypocrisy of the war on drugs is outrageous when compared to the amount of drug
trafficking that benefits the CIA and international banking system. The son of
a convicted notorious mobster, John Gotti Jr, when asked in court if the family
still dealt drugs cracked, “No, we can’t compete with the government.”
Today in Afghanistan, American troops have been seen
guarding poppy fields used to make heroin. Those fields were all but wiped out
by 2001 when the Taliban destroyed them and forbade that agricultural pursuit.
Now they’re flourishing again after the American occupation.
This doesn’t make sense despite all the mainstream
reports that American troops are protecting the poppy farmers from the bad
guys. Internet sites such as Prison Planet, Info Wars, The Political
Coffeehouse and others report otherwise. They connect the CIA and US military
to restarting the poppy fields in Afghanistan in 2002, increasing poppy growth
by over 650 percent. Who’s telling it like it is?
The CIA’s secret operations to influence journalism
started in the 1950s by infiltrating the media and bribing journalists to be
operatives and assets for the CIA. By 1976, then CIA director William Colby
reportedly bragged that the CIA owned the press. Supposedly, this too secret to
name operation was coined “Operation Mockingbird” by Deborah Davis in her book Katherine
the Great.
Operation Mockingbird worked well against prize
winning journalist Gary Webb when his newspaper, the San Jose Mercury News,
ran his in depth series on CIA drug trafficking that flooded the USA to help
finance the CIA backed Nicaraguan Contras during the 1980s.
Journalists all over the USA jumped on the series,
claiming Webb’s journalism was shoddy. The newspaper had to recant and fire
him, and Gary Webb was black listed from mainstream journalism completely.
Webb retaliated by having his book Dark Alliance
published and making the NY Times best seller list, forcing some of his
critics to privately eat crow after the fact.
Despite the CIA’s control of the press, a few Mexico
and Central America cocaine busts of plane cargoes and discoveries of large
cocaine stashes on crashed planes with CIA hired pilots flying them for front
companies did hit the mainstream news, albeit briefly.
Remember the movie “Air America?” It was based on an
actual CIA owned front company transporting tons of heroin from Southeast
Asia’s “Golden Triangle” poppy fields during and after the Vietnam conflicts.
Now Afghanistan and the “Golden Crescent” are the featured opium/heroin conduit
sources.
When the U.S. government made deals with the Cosa
Nostra mafia to help police ports and harbors during WW II, they breathed life
into the heroin trade. Eventually, Marseilles, France was set up by the
Corsican mafia to become the “French Connection” for heroin traffic.
But opium trade history goes back further, to
colonial times and early America. That’s when American shipping magnates used
their fast Clipper Ships to compete with England’s monarch sanctioned dope
running East India Company for transporting opium to China.
A few key players created family fortunes from the
China opium trade that exist today within some northeast America’s “old money”
families.
Among the familiar family names, according to Wikipedia
(source below) is Forbes. Another source mentions Astor, a prominently
wealthy philanthropic family around New York today (Wiki source below). In
those days, trafficking dope was a legitimate business endeavor, immoral but
not illegal.
Now it is illegal as well. Ironically, this allows
the biggest illicit drug providers to financially benefit the CIA and
international banking.’
Sources for this article include:
http://whatreallyhappened.com/RANCHO/POLITICS/MOCK/mockingbird.php
http://en.wikipedia.org/wiki/Forbes_family
http://en.wikipedia.org/wiki/John_Jacob_Astor
http://thepoliticalcoffeehouse.com/2011/12/01/us-military-opium-afghanistan/
http://www.minormusings.com/Drugs/Mask.html
See
also:
Big Banks, Gov’ts Collude in Drug War Hypocrisy
Much Of Afghan Drug Money
Going To ‘Our Friends’
Steady Stream of Drug Money
Departs Afghanistan, U.S. Officials Flummoxed
Afghan CIA Drug Kingpin Shot
Dead by Own Bodyguard
Afghanistan drug trade hits $4 billion a year
Occupiers involved in drug
trade: Afghan minister
US and NATO protecting Afghan drug trade
B.C. RCMP seize 60,000 poppy
plants in record haul
NATO rejects Russian call for
Afghan poppy spraying
War on drugs is a hoax: US
admits to guarding, assisting lucrative Afghan opium trade
UN: Afghan opium production up
by 61% under NATO’s watch
DOJ: Drug Cartel’s Influence
Extends Well Beyond Border Well Into the U.S.
TOUCH ME by THE DOORS
(Album "The Soft Parade")
{ I played this song along the album according to some other versions I was
able to find and it didn't sound well. So, I tried to write my own version
of this song - here is the result. http://www.rockmagic.net/guitar-tabs/the_doors/touch_me.crd }
INTRO:
4 times: Am Am Am G Am Am G Am Bm
2 times: Am7 Am7 Am7 G7 Am7 Am7 G7 Am7 Bm7
1 times: Am7 -stop-
VERSE:
Come on, come on, c'mon, c'mon now
G
Touch me babe,
Bm C Cm
Can't you see that I am not afraid.
A# Dm
What was that promise that you made?
D# F#
Why won't you tell me what she said?
C#
What was that promise that she made?
CHORUS:
F# Fm
Now I'm gonna love you
F# G# C#
till the heaven stops the rain.
F# Fm
I'm gonna love you
F# G# F#
till the stars fall from the sky
C#
for you and I.
Yes newt man … sounds like a plan!
Well, I just got into town about an hour ago
Took a look around, see which way the wind blow
Where the little girls in their Hollywood bungalows
Are you a lucky little lady in The City of Light
Or just another lost angel...City of Night
City of Night, City of Night, City of Night, woo, c'mon
L.A. Woman, L.A. Woman
L.A. Woman Sunday afternoon
L.A. Woman Sunday afternoon
L.A. Woman Sunday afternoon
Drive thru your suburbs
Into your blues, into your blues, yeah
Into your blue-blue Blues
Into your blues, ohh, yeah
I see your hair is burnin'Hills are filled with fire
If they say I never loved you
You know they are a liar
Drivin' down your freeways
Midnite alleys roamCops in cars, the topless bars
Never saw a woman...
So alone, so alone
So alone, so alone
[ Lyrics from:
http://www.lyricsfreak.com/d/doors/la+woman_20506553.html ]
Motel Money Murder Madness
Let's change the mood from glad to sadness
Mr. Mojo Risin', Mr. Mojo Risin'
Mr. Mojo Risin', Mr. Mojo Risin'
Got to keep on risin'
Mr. Mojo Risin', Mr. Mojo Risin'
Mojo Risin', gotta Mojo Risin'
Mr. Mojo Risin', gotta keep on risin'
Risin', risin'
Gone risin', risin'
I'm gone risin', risin'
I gotta risin', risin'
Well, risin', risin'
I gotta, wooo, yeah, risin'
Woah, ohh yeah
Well, I just got into town about an hour ago
Took a look around, see which way the wind blow
Where the little girls in their Hollywood bungalows
Are you a lucky little lady in The City of Light
Or just another lost angel...City of Night
City of Night, City of Night, City of Night, woah, c'mon
L.A. Woman, L.A. Woman
L.A. Woman, your my woman
Little L.A. Woman, Little L.A. Woman
L.A. L.A. Woman Woman
L.A. Woman c'mon
THE END
D C D
This is the end, beautiful friend.
C D
This is the end, my only friend, the end
C G D
of our elaborate plans, the end
C D
of everything that stands, the end,
C G D
no safety or surprise, the end.
C D
I'll never look into your eyes again.
C D
Can you picture what will be,
G7 D
so limitless and free,
C D G D
desp'rately in need of some stranger's hand,
C D
in a desp'rate land.
D
Lost in a roman wilderness of pain,
and all the children are insane... x 2
waiting for the summer rain.
There's danger on the edge of town,
Ride the king's highway.
Weird scenes inside the goldmine;
ride the king's highway west, baby.
Ride the snake... x 2
to the lake,
the ancient lake, baby.
The snake is long,
seven miles;
ride the snake,
he's old and his skin is cold.
The West is the best... x 2
Get here and we'll do the rest.
The blue bus is calling us... x 2
Driver, where you taking us?.. x 2
(spoken)
D
The Killer awoke before dawn,
he put his boots on,
he took a face from the ancient gallery,
and he walked on down the hall.
He went to the room where his sister lived,
and then he paid a visit to his brother,
and then he walked on down the hall.
And he came to a door,
and he looked inside,
"Father?"
"Yes, son?"
"I want to kill you.
Mother I want to....."
Come on, baby, take a chance with us,
and meet me at the back of the blue bus... x 3
Come on, yeah.
Gingrich: Today’s college
students are coddled (Washington Post) [ Oh riiiiight, Ché Newty the
Revolutionary! They’ve got no jobs and an insurmountably bankrupt nation to
look forward to thanks in large part to you, your ilk, your peers, wobama et
als; and, notably, through no fault of their own. Besides, says newty, ‘kids,
they comb their hair in that funny way’.
Riiiiight, snooty newty, there’s those ‘janitorial jobs’ for which there
are even waiting lists of applicants for even those jobs according to reports.
Say anything, Ché Newty the Revolutionary! As per wobama, words are cheap; but
as we all now know, ultimately very costly when they’re more rhetoric /
b***s*** than truth / reality! Gingrich turns to advisers who
believe supply-side economics is the answer Advisers believe
solution to nation’s deficit is to spur growth through tax cuts and
deregulation. (Washington Post) [ Oh riiiiight! Worked like a charm in creating
the last few fraud-induced debacles in this ongoing crisis, and the trickle
never quite seems to trickle down that far. Yet, it appears the slimy newt’s
found a kindred spirit in that malleable italian, peter ferrara ( ‘Peter
Ferrara describes himself as Gingrich’s chief economic policy adviser and has
won praise from Gingrich on the campaign trail. A lawyer and libertarian
scholar who had long advocated privatizing Social Security — and once
acknowledged taking payments from Jack Abramoff to write favorable op-ed pieces
about the lobbyist’s clients — Ferrara said he talks to Gingrich almost
daily…’), and the frauds on wall street will just love his social security
privatization / new blood for the infamous blood-sucking squid (goldman sachs),
to keep the ponzi padded with fresh dough once again on the backs of taxpayers
(kind of a ‘k street’ kind of drain). Focused regulation of areas of the economy
prone to fraud, ie., wall street, and deregulation as to others, ie., small
businesses, is a more optimal course.( Bribes, Chinese mob ties alleged at Casino of
Gingrich money man
Sheldon Adelson Denies Wrongdoing as FBI, SEC Probe Alleged Corrupt Practices
…).
Sargent: Romney camp — Newt
‘erratic, reckless’ (Washington Post) [ Yeah, that slimy newt;
erratic, reckless … (n)e(u)rotic, feckless. I’m still on the edge of my chair
as to what sweet Nancy’s got on the slimy newt though her lips are sealed even
as the daredevil newty says, bring it on, let’s hear what she’s got, which of
course newty would already know yet might not register with him given his
unconflicted, sociopathic, ‘revolutionary’ nature. Let’s hear it, Nancy! Pelosi: Gingrich
Will Not Get The Nomination, There Is Something I Know CNN | “There
is something I know. The Republicans, if they choose to nominate him that’s
their prerogative. I don’t even think that’s going to happen.” , Drudgereport: PELOSI THREAT: NEWT WON'T BE PRESIDENT 'THERE IS SOMETHING I KNOW' { And, what is
that Nancy, pray tell…that newty has a coutee (vagina) and Calista is a
lesbian? Or, that the newter has a couter and Calista is a man? Please do tell!
}
Scientists fear end of trips
to Mars They’re worried and angry as the White House won’t commit to
the plan to explore the red planet. (Washington Post) [ Been there, done that
courtesy of Brian DePalma. Why waste money the nation doesn’t have by going
back? After all, the nation is defacto bankrupt. buzz aldrin
wants to colonize Mars … Riiiiight buzzed! Better check with DePalma to see if
he already has the footage in the can since you won’t be able to use the moon
footage for the new boondoggle video ... ‘Mission to Mars’ …
Previous: OBAMA SPEECH
OUTLINES PLANS FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS
LIKE A PLAN … FOR INNER SPACE (IMAGINATION).
Astronauts' tracks, trash seen in new moon photos
[ The easiest thing in the world to contrive (don’t forget they can with some
precision today send robotics to ie., mars, etc.) and doctor so don’t be taken
in by their fraudulent b***s***! They’re probably desperately looking for some
money / budgetary consideration for their continued boondoggles. No man has
ever set foot on the moon to date. As NASA transitions, U.S.
space politics in a state of flux
(Washington Post) [ U.S. space politics? I didn’t know there was such a
thing. But I, and I’m sure all know that ‘u.s. politics are spaced’. Flux? One
could only hope. I’d say, ‘fleeced’; as in we’ve all been fleeced. Sterner: 5 myths about NASA (Washington Post) [ If you can’t get past
the first myth; viz., that they actually set foot on the moon, the other 5
so-called myths become irrelevant. Indeed, post-Eisenhower, and certainly
post-Kennedy-assassination / coup d’etat, NASA was all military / military
industrial complex (moreover, someone knowledgeable about such matters said
essentially that in explaining to my surprise the transition to the shuttle
program it was said there was greater military application in same). In any
event, Russia’s been doing quite a bit of ‘heavy lifting’ vis-à-vis the space
station, but not inordinately so. All I can say with certainty is that the
universe beyond this solar system is forever protected / insulated. The fact
is, they never set foot on the moon; and, in light of the pervasive corruption
in and defacto bankruptcy of the nation, their perpetual wars toward making a
hell on earth militate against anything but trying to do even just a little bit
better (for a start), terrestrially. NASA wants mission to bring Martian rocks to Earth
(AP) Why? They already have that and more: Launch of secret US space ship
masks even more secret launch of new weapon The Militarization of Outer
Space: The Pentagon’s “Space Warriors” Global Research
| It’s not as if things aren’t bad enough right here on planet earth. Now the
Defense Department wants to up the stakes with new, destabilizing weapons
systems that will transform low- and high-earth orbit into another
“battlespace.”
Economy makes election a
nail-biter Few of the proposals laid out by the president Tuesday
would jump-start the economy before November. ‘Once again, long-winded on
rhetorics but short on specifics’ (WP) [ No … it’s not the economy
that makes the election a nail-biter. Rather, it’s wobama’s ‘long-winded on
rhetorics but short on specifics’ typical b***s*** that makes for this a
‘nail-biter’. No specifics? Indeed! From ‘wobama speak’ we can surmise from
this ‘hedge’ that at least he wouldn’t be vulnerable to the legitimate
accusations that his actions (and non-actions) belie his words as last time
around. As for the economy, it’s all that bad and worse! Are George Soros, The IMF And
The World Bank Purposely Trying To Scare The Living Daylights Out Of Us? [ Short answer: No! The crisis is real!
] http://albertpeia.com/diretimesahead.htm .
[GOP reactions reflect party
divisions Indiana Gov. Mitch Daniels makes official response, but
Romney and Cain also offer their takes. (WP) [ Although I didn’t listen to / watch
wobama’s b***s*** session (his words are absolutely worthless and as last time
around, belied by his misguided deeds), I did pay attention to the intelligent,
succinct, poignant Republican Response by Mitch Daniels, Gov. Indiana, and
confidently say, if he so chooses the path, he will prospectively be President.
A way his formidable background and talents could more quickly be brought to
the fore would be a Ron Paul / Mitch Daniels ticket which would be a Mitch
Daniels candidacy then Presidency in 2016. This would give the nation and the
world ‘time to breath’ while recovering from wobama way of failings / missteps. You can’t ignore Oliver
Stone’s sagacious opinion in such matters as these. ( Oliver Stone: I
Would Vote For Ron Paul Over Obama Steve Watson | “He’s the only one who’s saying anything
intelligent about the world”. ) His great film anthology speaks for itself and
has ‘caught and treated’ some of the most significant, recent american
historical ‘breakpoints’.]
Limbaugh: Ron
Paul “Sounds Like An Islamic Terrorist” Steve Watson | Says he would
have no problem with TSA detaining US Congressman. [ Ah, come on. You got to
infer something’s supplanted limbaugh’s hillbilly heroin and clouding his
judgement. He’s watched too much ‘24’ (while sampling his ‘talk radio’ among
others, he’d talk of this show as if reality) ‘under the influence’ which has
had the desired mainstream hypnotic effect on his bloated / clouded perspective.
]
It cites some of the most breathtakingly
self-congratulatory statements that I’ve ever seen from a politician, and that
is a high bar.
Last month: “I think I am a transformational figure.”
(Shouldn’t there have been a footnote crediting Barack Obama with that line?)
In 1985, when he was a backbencher in the Reagan
G.O.P., to put it generously: “I want to shift the entire planet. And I’m doing
it … I represent real power.” (Maybe that explains global warming.)
In 1992, when he was on the verge of becoming Speaker
of the House, one of the most non-revolutionary things you can do: “I am
essentially a revolutionary.”
And in 2005: “I first talked about [saving
civilization] in August of 1958.” It’s fairly impressive that Mr. Gingrich
remembers the exact date he first mentioned saving civilization. Too bad it’s
now been almost 54 years and he still hasn’t done it.
All politicians love to compare themselves to
previous politicians, and Republicans especially love to compare themselves to
Abraham Lincoln, whose Republican Party, of course, had no connection to the
current one apart from the name. But Mr. Gingrich truly excels at this, as in
all other matters egotistical.
The Romney news release, which is carefully sourced,
contains examples of Mr. Gingrich likening himself to Abraham Lincoln, Ronald
Reagan, Margaret Thatcher (another revolutionary, essentially), Woodrow Wilson,
Henry Clay, Charles de Gaulle (aren’t Republicans supposed to disdain the
French?), William Wallace (from the movie “Braveheart,” not the actual William
Wallace); the Duke of Wellington (presumably not for the beef or the boots),
Thomas Edison, Vince Lombardi, the Wright brothers, and any old Viking. And
Moses…’ [In this respect, viz., potentially suffering from a narcissistic personality
disorder, he’s not so different from wobama the b for b***s***]: ‘… During
a recent 60 Minutes interview, Barack Obama
said that only 3 presidents in U.S. history accomplished more than he did
during the first two years of his presidency….
“The issue here is not going be a list of
accomplishments. As you said yourself, Steve, you know, I would put our
legislative and foreign policy accomplishments in our first two years against
any president — with the possible exceptions of Johnson, F.D.R., and Lincoln —
just in terms of what we’ve gotten done in modern history. But, you know, but
when it comes to the economy, we’ve got a lot more work to do.”
He had to be joking, right? Sadly, he was not
joking…’ The Economic Collapse
December 21, 2011 http://albertpeia.com/40piecesevidenceusdecline.htm
[Truth be
told, though a narcissist ‘floats’ between feelings / emotions of grandiosity
and inferiority, I do believe much of wobama’s obfuscating grandiosity stems
from and masks his feelings of insecurity; and, his displays of grandiosity
have worked so well for him in the form of b***s*** that he’s continued this
rather ‘doomed to failure, course par’ approach to literally all matters, of
state and otherwise.]
Romney, Gingrich clash sharply in debate The former Massachusetts governor attacked the former House speaker as a failed leader, a K Street influence peddler and a candidate who would put the party at risk in the general election. Gingrich’s firm paid $25,000 a month by Freddie, according to contract (Washington Post) [ True enough, sweet mitt; the slimy newt’s just an unscrupulous peddler; and none other than Frank’s ‘rat pack bro’, the Dino is ushered in from beyond by Frank to croon in his smooth as greecey italian way and warn us all:
The Peddler’s Serenade {recorded 1962 Dean Martin joined Frank Sinatra's Reprise ... "The
Peddler's Serenade" (Jimmy Eaton / J.J. Corvo / Paul McGrane}
There’s a peddler and
former speaker of the house
Was forced to resign
‘cause he’s such a louse
The peddler slimy newt
with nothing of substance to sell
Just like wobama will
bring the nation down to hell
(Actual lyrics in pertinent part)
There's a peddler comes to our house
With such wonderful
bargains to sell
And he starts our
hearts to tingling
Just as soon as he
pushed the bell …
Fannie, Freddie writedowns too costly: regulator
WASHINGTON
(Reuters) - The regulator for Fannie Mae and Freddie Mac told lawmakers
that forcing the two mortgage firms to write down loan principal would require
more than $100 billion in fresh taxpayer funds… [ In other words, like the fed,
banks, fannie/freddie are carrying
worthless toxic assets ‘marked to anything’. ]
The two faces of Newt Gingrich
With few campaign advisers to keep him on track, the candidate is showing his
nasty side. (Washington Post) [ Yes indeed, we see ‘both sides now’ of ‘nasty
newt’; as ominously warned by the sound from beyond of none other but Frank {
Performed by
Frank Sinatra 1968,
Written by Joni Mitchell First release Both Sides Now by Judy Collins on audio album Wildflowers (November 1967) }
Rows and flows of newt’s white hair
And icy screams from bombs in the air
And unfettered cannons ev'rywhere
I've looked at mushroom clouds that way …
Krauthammer: The GOP’s suicide
march (Washington Post) [ Wow! Mr. Krauthammer must have been having
a ‘bad hair day’. Suicide march? I don’t think so. I even was compelled to look
up his (vaulted mis)use of ‘manichean’ (definitions infra) in his rather grimly
devised piece. Whew! Time to break out the ‘sackcloth and ashes’. I truly have
never seen Mr. Krauthammer so ‘off his game’. If one can’t appreciate the
ultimate ‘raison d’etre’ for the occupy movement vis-à-vis the egregious,
gargantuan, still unprosecuted wall street frauds, clearly, that person’s not
been paying attention; and, to ignore same is to do so at the nation’s peril [ Obama flush with financial
sector cash The president has managed to raise more money this year
from the sector than any GOP contender. (WP) [ So much for obama and OWS; but
how ‘bout wobama and obs … yes, more ‘obama b*** s*** ! The quid pro quo … the
bribe … Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog Roche 'The worst part of it ...Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billions from the fraud )THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
, http://albertpeia.com/10mostcorruptpols.htm ] . I often point to the stupidity of americans
generally, but not so dumb to ignore the most basic math coupled with common
sense relative to these nation-debilitating, unjustifiable frauds, boondoggles.
At this juncture I feel obliged to state that I haven’t voted for decades (kind
of along the lines of ‘George Carlin’s famed defense of his own non-voting
record which he justified by reminding all that Hitler came to power in a full,
free, democratic election by a landslide’). Yet, on all the ‘big ones’, I’ve
always taken a prior position based on the ‘reality’ of the prospective result.
May I humbly say, I’ve never, ever been wrong. These are ‘debates’ …’words’…
geared toward positioning one or another for the opportunity of the ‘big job’.
To expect anything less than at least a ‘little bit of juglar’ is a bit naïve.
So calm down Mr. Krauthammer; nothing’s been lost. Testament to Mr. Krauthammer
being ‘off his game’ here is his positing of ‘wobama the b for b***s***’ as
being smart. Au contraire Mr. Krauthammer! Wobama’s quite dumb! If smart,
wobama would have done as he said he would do last campaign, and the nation
would have been far better off for it! Parenthetically, look to who’s pushing
the censorship bills; now, that’s political desperation! To cheer Mr.
Krauthammer up, there’s also that egregious ‘Keystone’ misstep which even The
Post’s Editorial Board felt compelled to point out. We’ll just chalk this up to
‘(temporary) situational anxiety disorder’.
Should I (Reveal) { Recorded by Frank Sinatra Songwriters: Nacio Herb Brown, Arthur Freed
}
Romney, Gingrich clash sharply
in debate The former Massachusetts governor attacked the former
House speaker as a failed leader, a K Street influence peddler and a candidate
who would put the party at risk in the general election. Gingrich’s firm paid $25,000 a
month by Freddie, according to contract (Washington Post) [ True
enough, sweet mitt; the slimy newt’s just an unscrupulous peddler; and none
other than Frank’s ‘rat pack bro’, the Dino is ushered in from beyond by Frank
to croon in his smooth as greecey italian way and warn us all:
The Peddler’s Serenade {recorded 1962 Dean Martin joined Frank Sinatra's Reprise ... "The
Peddler's Serenade" (Jimmy Eaton / J.J. Corvo / Paul McGrane}
There’s a peddler and
former speaker of the house
Was forced to resign
‘cause he’s such a louse
The peddler slimy newt
with nothing of substance to sell
Just like wobama will
bring the nation down to hell…
Marcus: Gingrich shoots the
messenger Parker: Gingrich’s plea of
persecution (Washington
Post) [ Yeah! Poor (not really thanks to that slithery ‘k street phenomena of
money for nothing’) slimy newt. There’s really no excuse for blaming the media.
I actually believe her (could be a familiar ‘meaning of the word is, is’
scenario) but to that I say, ‘So What’! After all, if it was a lack of
mendacity and meretricious, disingenuous hypocrisy that the media and
electorate were looking for, Ron Paul would be surging! And from beyond, we
sense Frank’s upset as he croons:
He was married and so was she
In a house of sticks that he was made to flee
She wore black and he wore white
Though she might win this fight
So what, she shot him down
So what, they were blank rounds
Bang bang, the media rang
Bang bang, the socar hillbillies sang
So what, his baby shot him down … with blanks!
My Baby Shot Me Down
Writer: BONO, SONNY / REYES, SENEN / FREESE, LOUIS /
FERM, DEMERICK SHELTON Recorded: Frank
Sinatra ‘She Shot Me Down’ 1981
(Actual lyrics in pertinent part)
I was five and she was six
We rode on horses made of sticks
I wore black and she wore white
She would always win the fight
Bang bang, she shot me down
Bang bang, I hit the ground
Bang bang, that awful sound
Bang bang, my baby shot me down …
Petri: Grandiose Gingrich
overruns awful Romney Rubin: In debate, Gingrich
meets his match (Washington Post) [ ‘Same Debate: Two views, the
news, two different views’. The gamut … from ‘bull run to ‘bull s***’ they did
diverge. Frank’s displeased with this lack of clarity so from beyond he adds
his soothing sound … for clarity of course! :
"Tea for Two" (recorded 1947 Frank Sinatra
/ Dinah Shore) (Music/Youmans Lyrics/Caesar)
We’re discontented with candidates that are rented
With grand promises that they’ve invented
America’s now a place that’s no oasis
Where life’s weary chase is always in crisis
Far from the cries of crime victims in the city,
Where flowers pretty caress the streams
Sarcozy to hide in, and war monger side-by-side in
Don’t let lobotomy joe bidin your dreams.
Slimy newt flat on his high knee, more war plans from
Romney,
Chinese tea for two, and two for Chinese tea,
Me for who and you show me, al one!
{actual song in pertinent part}
I'm discontented with homes that are rented
So I have invented my own.
Darling this place is a lover's oasis where life's
weary chase is unknown.
Far from the cry of the city, where flowers pretty
caress the streams.
Cozy to hide in, to love side-by-side in.
Don't let it abide in my dreams.
Picture you upon my knee, just tea for two and two for tea,
Just me for you and you for me, alone! …’
The two faces of Newt Gingrich
With few campaign advisers to keep him on track, the candidate is showing his
nasty side. (Washington Post) [ Yes indeed, we see ‘both sides now’ of ‘nasty
newt’; as ominously warned by the sound from beyond of none other but Frank {
Performed by
Frank Sinatra 1968,
Written by Joni Mitchell First release Both Sides Now by Judy Collins on audio album Wildflowers (November 1967) }
Rows and flows of newt’s white hair
And icy screams from bombs in the air
And unfettered cannons ev'rywhere
I've looked at mushroom clouds that way …
Drudgereport: AP: ABC TO AIR THURSDAY NIGHT...
GINGRICH DAUGHTERS: 'The failure of a marriage is
terrible and emotional experience'...
Me and My Shadow
snooty newty and his shadow
Strolling down pennsylvania avenue
snarky newty and his shadow
That’s a dream that won’t come true
snooty newty and his shadow
All alone and feeling black and blue
‘cause snooty newty and his shadow
just got mugged in front of wobama’s temp house too
I
Love Paris (Writer(s): Cole Porter) (Recorded 1959, 1960 Frank
Sinatra)
I love Paris in the spring time
No room for newt on the ballot in the fall
I love seeing newt splinter this winter when he fizzles
I love seeing newt the bummer in summer when it sizzles
Newty seems dumber,
Really don’t have to wait for summer,
to see that bummer newty fall
Ron Paul’s achievement
After a quarter-century in the wilderness, he’s within reach of putting his
cause on the map. (Washington Post) [ At first blush, I thought by this
headline this article to be Mr. Krauthammer’s vailed attempt at sarcasm. After
all, as a jewish man himself, I’ve yet to see him take a position that could in
any way be even remotely antithetical to israeli interests; and yet, one would
have to be blind and dumb not to to realize such zionist / pro-israeli policies
as foolishly adopted by the u.s. have been unequivocally antithetical to
american interests. The testament to the merger of contraindicated american
‘interests’ with selfishly construed israeli interests was that display of wildly
cheering israeli agents on the banks of the palisades in Weehawken, n.j. at the
sight of the burning / exploding / symmetrically imploding trade towers
(including bldg. 7) on 911 (contriving such a ‘pearl harbor event’ a neocon /
military industrial complex / israeli wet dream come true. Later history might
even write this as the ‘albatross incident’ for america). The great but
substantially underrated President General Eisenhower warned of the military
industrial complex whose interests and welfare programs have merged with those
of the militant illegal-nuke totin’ israelis whose interests suddenly merged
into puppet-in-chief wobama despite wobama’s campaign rhetoric to the contrary
upon which he was elected. Parenthetically, President Eisenhower never took any
crap from the terrorist begin / israelis in contravention of American interests
in the region. I truly don’t know what
being a libertarian means; but I do know that a junkie/thief/methamphetamine
addict from virginia who stole some (very valuable to me) items from me here in
Socal had a father who was one and he professed being one of sorts himself
though questionable (ie., his ‘phony’ business card with an ‘in God we trust’
logo, etc.). The importance of Ron Paul is to point out the unsustainability of
‘same old / same old’ without reason, purpose, advantage to any but the very
greedy short-sighted few, though substantially detrimental to the nation. After
the cold war’s end, with peace dividend to grace clinton, the substantial
achievement of Reagan / Gorbachev, if america had literally ‘done nothing’
rather than having embarked upon the ‘money-eating / war-profiteering’
adventurism along with ‘that engagement thing’ with communist china so hailed
by former ambassador to china / cia man bush, no nation could have caught up to
and passed america; some and then many have and are destined to do so (what the
heck, decades at best anyway). The fed has failed all mandates for which it
supposedly exists. They’ve literally helped consummate for the intended benefit
of the few, frauds in the trillions, to the substantial detriment of the vast
majority and the nation itself (among other culpable acts, ie., $4 trillion
missing at the new york fed, over-printing of
the ever more worthless dollars, etc.). For the israeli lobby, reality
is a frightful thing. For pervasively corrupt, defacto bankrupt america,
reality is also a frightful thing.
http://www.angelfire.com/indie/pearly/htmls/bush-carlyle.html
. Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| infra ‘...Obama is just more of the same, a
big smile with strings attached, and controlled completely by those that chose
him, trained him, sold him and provided his record funding, kept his many
skeletons under wraps, like the gay sex and crack cocaine .. Larry Sinclair
(from affidavit: 1. Who is Ron Allen that claims to be with your Presidential
camp, who is alleged to claim that someone claiming to represent me called
asking for $100,000, to keep me from coming forward about our (Obama and I)
November 1999 encounter of sex and cocaine use?), ... Obama is just another
Banksters' moll prostituting himself .., and that's why he supported the
grotesque bail-out of the banking system and why he will always put their
interests before the people. His financial advisors are straight from the Wall Street
'A' list, including Paul Adolph Volker (Trilateral Commission, Council on
Foreign Relations, Bilderberg Group), the head of the Federal Reserve from 1979
to 1987 and Illuminati to his fingertips. Obama has made him head of the
Economic Recovery Advisory Board, which is dominated by insiders, including its
staff director and chief economist, Austan Goolsbee, a close Obama associate
from the University of Chicago. Goolsbee is an initiate of the infamous
Illuminati Skull and Bones Society at Yale University, which also includes Boy
and Father Bush. It was Goolsbee who told the Canadian government not to worry
about Obama's attacks on the economic effects of free trade agreements because
his words were just to win votes in the election campaign. Another Wall Street
insider, the Zionist Timothy Geithner (Bilderberg Group, Trilateral Commission,
Council on Foreign Relations), was appointed by Obama to be his Treasury
Secretary. Geithner was the President of the New York Federal Reserve Bank, the
most powerful in the private Federal Reserve cartel that masquerades as
America's central bank, and he is a former employee of both the Council on
Foreign Relations and the appalling Kissinger Associates. Obama's Treasury team
locks into the inner circle around the Zionist Robert Rubin, the Director and
Senior Counselor of Citigroup, co-chairman of the Council on Foreign Relations,
and economic advisor to Obama. Rubin, a member of the Illuminati Bilderberg
Group, was the man behind Citigroup's strategy of expanding its risk in debt
markets which forced it to be rescued by taxpayers' money. The very people who
caused the financial crisis are being appointed by Obama to decide how to
respond to it (more taxpayers' money for them and their friends)’
Rubin: Gingrich out for revenge
(Washington Post) [ Yes, newt … revenge is sweet and so are you … Your reward:
a message and a song to sing as you pine away about what was your day … Sweet
slimy newt, once again from beyond, Frank’s got just the sultry sound to soothe
your vengeful, restless spirit, so sing it snooty newty (but stay away from any
new booty) :
Call him irresponsible - call him unreliable
Throw in undependable too
Do his foolish alibis bore you
Well he’s not too clever – he just adores trumpish people we should boo
Call him unpredictable - tell him he’s impractical
Pots of gold at ends of rainbows he’s inclined to pursue
Call him irresponsible - yes newt’s unreliable
But it's undeniably true – newt’s irresponsibly mad for madman trump et als too
Financial Troubles For Many
Nations In The New Year Bob Chapman | 2012 is going to be quite a
year with falling economies in the UK, Europe, the US, China, Japan and the
remainder of Asia. Ron Paul’s poll numbers are up
in Iowa (Washington Post) [ As indeed they should be if people are
truthful about wanting real change for the better. Historical headwinds
Gingrich, Romney and Paul against the odds. (Washington Post) [ This is without
doubt the most disappointing article by an otherwise invariably clear thinking
Mr. Will. I’m glad for his disclosure (the Perry link) inasmuch as at least
there is the possibility of a modicum of reason behind what otherwise would
constitute a total ‘lack of reason’. Mr. Will sets forth some interesting
tidbits of a category of sorts of history as if prepping for a round of
Jeopardy, so obscure as they are. Relevance to today, that is also as obscure.
If Mr. Will, of all people, cannot discern the difference today, from the
america of yesterday, one does have to wonder who can. Yet, I do believe the
vast majority in america do in fact discern such a difference. Why? Because the
magnitude of that reality (of difference) is so great that one would have to be
literally brain-dead to not discern it. Pervasively corrupt and quite literally
defacto bankrupt, america’s at the cusp of a complete collapse in every way a
nation could collapse; viz., financially, economically, politically,
geopolitically, and legally. Indeed, so stark are these realities despite
organized obfuscation, the same direction / status quo is blatantly untenable
to even the most stalwart of ‘stay the course types’. Other than the black vote
(roughly 18% according to’the first black president, clinton’) and the
relatively few remaining wobama loyalists, I do believe, though belated, it’s
human nature for that clear majority to opt for the chance of survival (of a
nation) rather than the already worn path of decline as tread by wobama. Then
comes the distinction between the failed president wobama and the alternative;
Ron Paul being the ‘man, with a plan, that’s not already been ran’. New
direction, change is sorely needed; which wobama promised, but never delivered,
jive-talking con-man that he is.
George H.W. Bush said to
support Romney (Washington Post) [“I think Romney is the best choice
for us,” said poppy bush. Exactly! Though surprisingly candid given his oft
shady rhetoric; from read his lips ‘no new taxes’ to ‘he’s thinking anew’,
words he ascribed to Lincoln; he really means this ‘us’ thing; not u.s. mind
you; but literally us as in the untalented (war) criminal bush clan that
spawned two failed presidents and have rested hopes for a third (jebby the
judas – or at least a still viable political ‘leeching of america’ position –
same for his lying -9/11- buddy tom kean’s son) in the ever increasingly
desperate romney. So poor a job did poppy do, he, like ‘wobama the b for
b***s***, was a ‘one-termer’ (even bush failure 2 who ranks among the worst
presidents in american history, just a notch above wobama –the worst-, got two
terms – people were still buying into their self-created ‘national emergency
mode’ war propaganda). Then there’s his familial historical ties to fraudulent wall
street as well as even hitler et als. But then there’s the military industrial
complex so warned against by the great but underrated President General
Eisenhower that stands to gain by the bush league approach and certainly
romney’s bellicose rhetoric was made to order to accommodate such fleecing
enterprises with wars / conflicts made real thereby. ‘Best choice’ … For whom
should be the proper query? There’s the cia (and their illegal drug business
and bigger off the grid budgets http://albertpeia.com/CIAAgentAffidavit1.jpg ), the communist chinese (that engagement
thing as former ambassador that’s worked out so marvelously for america while
make ‘those few’ very wealthy), the Carlisle Group, etc.. Then there’s aipac,
israel, zionist jews, neo-cons, mental-cases like cheney, bolton, etc., and in
the case of aipac have been showing their love … not for americans/america, but
for ie., romney and themselves… With rise, Ron Paul could be
spoiler in GOP presidential race — or kingmaker As the first votes
approach in Iowa, the congressman is a serious force with the potential to
upend fight. (Washington Post) [ Spoiler? Kingmaker? How ‘bout ‘the candidate’!
If there’s one thing far more scrutinizing eyes than those of the so-called
mainstream are apt to point out (ie., Tyler Durden, Jones, Watson, etc.), it’s
that the nation hasn’t fared so well with the so-called ‘establishment /
mainstream candidates / favorites’. In fact, as we all know, the substantially
compromised mainstream candidates with substantially compromised mainstream
positions have proven to be downright disastrous for the nation, the people,
and the world generally. The time has come in light of realities to say,
borrowing the words from Robert Kennedy … Why not? There is no rational
argument that militates against a Ron Paul who calls things as they are. After
all, whether people like to admit it or not, the fed (like wobama the b for
b***s***) has failed virtually all of their mandates. Moreover, the bernanke
fed’s policies have helped the frauds / perps (biggest still unprosecuted) on
wall street to the detriment of literally everyone else. The same is true of
the military industrial complex war-welfare plans as warned against by the
great but substantially underrated President General Eisenhower in terms of the
few they so favored at everyone else’s expense. The examples go on and on and
are too numerous to list. Rogers: Paul is short on
appeal (Washington Post) [ Yeah … he ain’t pretty … but this ain’t a
beauty contest … Moreover, what has appeal gotten the nation? … where has
appeal gotten the nation to? … 4 years of wobama’s ‘appeal’ aka b***s*** has
left the nation in the toilet at best, cesspool at worst; and, in large part
owing to the glaring fact that if ‘wobama the b for b***s***’ had done what he
said he’d do and didn’t, the nation prospects, though still ominous, would have
been substantially enhanced. For all but Paul, it’s the failed ‘same old, same
old’ which is, as per paraphrasing Einstein, neither a plan, nor strategy, but
rather insanity. Gingrich’s time of testingTHE
TAKE | Can Gingrich survive rivals’ attacks, build a campaign that sustains his
candidacy? (Washington Post) [ ‘Time of testing’? Oh, but he has been tested …
scandal-scarred like no other, he has been found wanting … too much … not for
the nation, but himself … he’s already failed any and all tests. Newspaper Chaired By Private
Equity Head Shockingly Endorses Mitt Romney For President; Ron Paul On Jay Leno Tyler Durden on
12/18/2011 A few hours ago the Des Moines Register threw its support behind
the Bain Capital founder, and the man now known to have actively destroyed any trace of
his public "service" before his 2007 Massachusettes office handover
(with a pending response to a Reuters FOIA, which will disclose just what it
was that Romney was so tenuously shredding). Because according to the Iowan
newspaper, Mitt Romney "is the best to lead" America, although into
what, is not quite clear - perhaps the biggest Fed funded LBO (with a Bain
Capital $1 mezz piece) of all time, that of America? We don't know. And neither
does the Register's editorial board. What they do know are hollow adjectives,
such as "sobriety", "wisdom" and "judgment" which
somehow are applicable to Romney, if not so much "betting" and
"shredding." Those looking for a late night laugh can read the OpEd
below (link to tomorrow's front page here). And
ironically, while likely set to provide a very short-term boost to Romney's
chances, it is the baseless ongoing accusations against Ron Paul that will
likely solidify the groundswell behind the Texan, with such desperate
platitudes as "Ron Paul's libertarian ideology would lead to economic
chaos and isolationism, neither of which this nation can afford." Because
what America certainly needs is more of that old ideology of doing everything
just the same and hoping for the best, because if there is anything Romney's
would be predecessors have taught us is that hope apparently is
a credible strategy. But perhaps most relevant is the reminder that the Des Moines
Register is a Gannett company whose Chairman just happens to be one Marjorie Magner, whose bio
reads: 'Ms. Magner, 61, is Managing Partner of Brysam Global
Partners, a private equity firm investing in financial services firms with a
focus on consumer opportunities in emerging markets founded in January 2007. She
was Chairman and CEO of Citigroup's Global Consumer Group from 2003 to 2005.
She served in various roles at Citigroup, and a predecessor company,
CitiFinancial (previously Commercial Credit), since 1987. Ms. Magner currently
serves as a director of Accenture Ltd. and Ally Financial Inc. and served as a
director of The Charles Schwab Corporation from February 2006 to May 2008. Ms.
Magner has broad business experience and financial expertise from the various
senior management roles she held with Citigroup." (that Romney felt the
need to ‘kiss the ring’ of failed president poppy bush says a lot about
‘regressive political persuasion’
In N.H., Romney steps up attacks on Gingrich(Washington Post) [ Yeah … he’d better get going, ratchet up the rhetoric; after all, slimy newt’s just gotten the endorsement of ‘celebrity mobster madman’s (trump’s) apprentice’, ‘gary the b’ (for berserk) busey (most notable for his role in the film ‘Tomcats’ as the guy with only half a pair of b**ls!) (Drudgereport: Gary Busey Endorses Gingrich... ). Five myths about Ron Paul (WP) [ For me, the litmus test for any candidate, though somewhat personalized, is generally applicable to the entire national electorate. It falls within that very broad category; viz., ‘been there, done that’. It is no mystery that the current wobama regime, et als are trying in every which way to censor, obstruct, and otherwise control the free-flow of information, particularly now the internet, which really works against failed administrations as that currently in place. By every measure you can gauge the success or failure of a presidency, wobama the b for b***s*** is an abject failure. There is not one reason based upon what he said he would do last time around, didn’t do, but as we now know had he done as he said the nation would have clearly been better off this day. He basically continued the policies of the prior failed presidency of war criminal dumbya bush, including the same or similarly connected players, despite having campaigned vociferously condemning same (CIA lawyer says Obama administration backed and continued virtually all Bush-era programs Natural News ). Clinton was the luckiest of all recent presidents in having the benefit of the peace dividend to smooth things over, by way of the one and only but very significant accomplishment of Reagan / Gorbachev; yet, he found ways through deep-seated mental issues to fail, which we all endured as if watching a soap opera unfold. Incompetent george h.w. bush (‘poppy’) was basically the ‘cia in disguise’ which kept up the ops which included that snookering of then american proxy, sadam hussein, by u.s. ambassador april glaspie (see more here infra) (george h.w.bush was also ambassador to communist china and we all know how that’s turned out for america; but, ‘they’ and ‘theirs’ have made a bundle.. poppy and clinton were tied by ‘virtue’ of their cia / Mena, Arkansas cocaine drop / connection [ for me that connection was devastating to my RICO case which involved the laundering of drug money through the trump casinos in atlantic city,n.j., and poppy is after all, war criminal dumbya bush’s father ( see ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm , and, america also leads in the illegal drug trade, infra ) . .. calls for impeachment ..‘fast and furious debacle’. Despite campaign promises, there have been no high level prosecutions of the wall street frauds which are still extant in the trillions. That ‘8%’ unemployment; don’t completely dismiss same as they may just have enough of their stand-ins to work exactly 1 day to be counted;that’s at best... as they’ve done, manipulate/fudge/outright lie about the numbers (actual unemployment is beyond 15%). Gingrich actually carved out exceptions for fraudulent wall street to the applicability of the RICO Act to their frauds, among many other unscrupulous acts which will emerge; along with having sought the endorsement of mobster, mental case trump.. romney follows suit with a trip to kiss the ring of failed president poppy bush while cow-towing as all but Paul to the israeli lobby. So I, as should be so for the entire nation, say results count. (For me, it’s resolution of those corrupted RICO matters). Reality counts. What’s gone before has failed;new direction, policies are required. After all, Einstein did say, paraphrasing, ‘doing the same thing over and over again and expecting a different result’ is insanity. Ron Paul’s still standing!
America’s shine is wearing off
I know why we are falling into a cataclysm of debt and can’t get out. (WP) [
Ah, yes. The Puritans. Of noble purpose, religious freedom, freedom generally
did they come to these shores. A rare exception to the influx of immigrants to
this young nation who turned out to be more a virus to the indigenous peoples
of this land than what could have been expected from those of noble calling.
Indeed, in evolutionary terms, it’s doubtful that those so positioned abroad
would have represented a positive addition to the gene pool which, borrowing
from an insurance term, viz., adverse selection, springs forth the notion of
inevitability to the genocide of the indigenous populations while guaranteeing
the decline we see throughout this foundering nation. The effects of these
negative predispositions toward inherent criminality is certainly being felt
globally as well as domestically and has little to recommend it. My own direct
experience with the region(s) (particularly new jersey, new york, virginia,
connecticut, california) carves out no exception for the prevalence of the
worst of human nature; which is now collectively and pervasively
americana. Though
having but 5% of the world’s population, the u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
etc., are included in this evolved american trait of inherent criminality http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
| Obama has promised to hold Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
The following is my comment to an LA Times article
regarding a Justice Department cover-up! As for your inquiry, all I think about
day and night is a long overdue resolution to the RICO litigation as set forth
therein:
I believe him!
Here’s some real, complicit cover-up / fraud on the
part of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by
UPS})
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within DVD rom autorun
disk (which will open in your computer’s browser) as per your office’s request
as made this day (the disk and contents have been scanned by Avast, McAfee, and
Norton which I’ve installed on my computer to prevent viral attacks / infection
and are without threat). I also include 1 copy of the DVD as filed with the
subject court as referenced therein (which files are also included on the
aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which provides a
civil remedy, including treble damages and attorney fees, as an incentive for
private prosecution of said claims probably owing to the fact that the USDOJ
seems somewhat overwhelmed and in need of such assistance given the seriousness
and prevalence of said violations of law which have a corrupting influence on
the process, and which corruption is pervasive). A grievance complaint against
Coan was also filed concurrently with the subject action and held in abeyance pending
resolution of the action which was illegally dismissed without any supporting
law and in contravention of the Order of The Honorable Robert N. Chatigny,
Chief Judge, USDC, District Connecticut. The files below the horizontal rule
are the referenced documents as filed. (Owing to the damage to the financial
interests of both the U.S. and the District of Congresswoman Roybal-Allard,
viz., Los Angeles, the Qui Tam provisions of the Federal False Claims
Act probably would apply and I would absent resolution seek to refer the within
to a firm with expertise in that area of the law with which I am not familiar).
The document in 5 pages under penalty of perjury I
was asked to forward to the FBI office in New Haven is probably the best and
most concise summary of the case RICO Summary to FBI Under Penalty of
Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the Congresswoman
by way of email attachment (apparent but typical problem with my mail) along
with my response thereto is included on the 3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to the
LA office and I was referred to the Long Beach, CA office where I personally
met with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of
the money laundering which he confirmed as indicative of same (he was
transferred from said office within approximately a month of said meeting and
his location was not disclosed to me upon inquiry). The matter was assigned to
FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew
Maloney’s the one that prosecuted gotti).
In contradistinction to the statement in said
correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
There is applicable insurance / surety coverage and
neither LA, nor creditors, nor I should continue to have been damaged by this
brazened corrupt and illegal scenario, which should be resolved in accordance
with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are
unresolved problems with the line, computer connection may be the reason but I
hesitate to chance greater non-performance / worsening by their ‘fix’ so cell
phone best for contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was
previously send 9-14-10 but delivery confirmation was flawed as set forth below
and my inquiries to the u.s. postal service rebuffed (I believe tampered with
inasmuch as your office could not locate same). This cover letter (9-13-10) is
on the 3 disks with navigable hyperlinks to the subject files for ease of
reference, including the files in the RICO action as indicated. (10-15-10) I
spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office
has not received the aforesaid and which can reasonably be presumed to have
been tampered with, and hence, a violation of the federal statute concerning
same. (Ultimately delivered by UPS) ]
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a public-interest
law firm that fights corruption in government. To read Larry
Klayman's
letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW
Chairman Larry Klayman. "His behavior stands in stark contrast to Louis
Freeh, a man
so corrupt he destroyed the office he led, ...
www.freedomwriter.com/issue20/am15.htm
“Louis
Freeh will
finally have to answer in court for what he did to our clients. ... answers,”
stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial
Watch ... My name is Larry Klayman. ... interest group that
investigates and prosecutes government corruption and abuse. ...... They seized his
computer – these are FBI agents at the direction of Louis
Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt behavior, Freeh was placed on Judicial Watch's ...
stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry
Klayman ...
While Judicial Watch has asked FBI Director Louis
Freeh to ....
lawsuits against a corrupt and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH, in his personal capacity; NEIL
GALLAGHER, in his No. ... COUNSEL ARGUED: Larry E. Klayman, JUDICIAL WATCH, INC., Washing-
ton, D.C. ...
America also leads in the illegal drug
trade. In fact, many researchers reveal that the war on drugs is only
utilized to control and monopolize the illicit drug trade. The US
government has been caught multiple times shipping in cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels
[ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now openly protects and transports opium from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In
fact, Global Research points out
that in 2001, “according to UN figures, opium production had fallen to 185
tons. Immediately following the October 2001 US led invasion, production
increased dramatically, regaining its historical levels.” This month,
the U.N. announced
that Afghanistan now provides 93% of the
world’s opium production [
http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons.
Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
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://www.economist.com/content/global_debt_clock
http://www.albertpeia.com/todayspage.htm
http://albertpeia.com/fbimartinezcongallard.htm
10-26-12 NEWS / TOPICS
Business Summary / Links
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 http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
, http://albertpeia.com/archives.htm , [ THE REAL CRASH IS DEAD
AHEAD AS 2008 IS FORGOTTEN Paul B. Farrell MarketWatch http://albertpeia.com/realcrashdeadahead.htm , Just Open Up Your Eyes And
Look - 65 Signs That The Economic Collapse Is Already Happening http://albertpeia.com/65signseconomiccollapsehappening.htm
,
One Last
Breadth: 3 Reasons to Not Trust this Market By Chad Karnes
ETFguide , Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm , A Jobs Report Conspiracy? http://albertpeia.com/jobreportcon.htm {
Come on! People have to start calling a spade a spade! O’s just a
typical incompetent, jive-talking b***s*** nigger! He is so pathetic and a
total embarrassment! JACK WELCH: Obama Is
Manipulating The Jobs Numbers Because His Debate Performance Was Awful Business Insider | Former GE CEO Jack Welch’s reaction
to non-farm payrolls adding 114,000 new jobs in September and the unemployment
rate falling to 7.8 percent. Welch: Obama manipulating
numbers after debate performance...
{ There are some people (and their assessments) that you might dismiss
as light-weight partisans… Jack Welch is not one of them! Indeed, among the rarest
breed historically of exceptional american CEO’s, Welch points to the
folly of preposterously a month before elections, on paltry/pathetic jobs
numbers ( election year temp/part-time for manipulating stats along with the
nebulous ‘stopped
looking’ fudge
factor) , following a disasterous debate showing (of wobama failure and
incompetence), the unemployment rate falls to just below the ‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is tantamount
to the obama 100% employment fantasy where literally everyone but him has
stopped looking for work and hence, not counted in compiling the unemployment
rate (and then those jobs in the millions lost and gone forever on his watch -
what a banana republic!). Come on, wake up!: JACK WELCH: OBAMA IS MANIPULATING THE JOBS
NUMBERS BECAUSE HIS DEBATE PERFORMANCE WAS AWFUL…UNBELIEVABLE
JOBS NUMBERS…THESE CHICAGO GUYS WILL DO ANYTHING…CAN’T DEBATE
SO CHANGE NUMBERS. } , Q3
Earnings Season To Date Summary: Ugly... And Getting Worse , One World Economic System Kills
American Jobs http://albertpeia.com/oneworldeconsystemkillsamericanjobs.htm , Three Things Investors
Don’t Know About
Europe How To Buy Bullion
(What to Ask and What to Own) The Recipe For Hyperinflation http://albertpeia.com/europebullionhyperinflation.htm ,
Monster
(Pre-Debate) Ramp Sends Stocks Vertical In last Hour ZeroHedge.com , 28 Good Questions That The
Mainstream Media Should Be Asking
http://albertpeia.com/28questionsmainstreammediashouldbeasking.htm , S&P:
Q3 downgrades far outpace upgrades Marketwatch , Wall
Street should shrink , pay smaller bonuses Marketwatch , Marketwatch: Florida
poll shows Romney leading Obama by 7 points ,
FOX: Stocks: More decay is on the
way In times like these, a medium-term speculator's prey is usually
found in the more-speculative climes of the market, i.e. Nasdaq titles. , Poll: Romney leads Obama in
Florida by 7 points Obama's Lucky Charms: A Hindu
God In His Pocket, A Masonic Emblem, And A Ring That Says "There Is No God
Except Allah" http://albertpeia.com/ohowweird.htm , UNSUSTAINABLE
http://albertpeia.com/unsustainable.htm ,
Dave’s Daily: http://www.etfdigest.com ‘MARKETS
LIMP INTO THE WEEKEND … The “tell” now is with corporations who aren’t spending
based on uncertainty surrounding the election, tax policies, the fiscal cliff,
eurozone and so forth. Until these issues become clear we’re in stall
mode. Overseas news was dominated by the Bank of Japan launching another round
of stimulus on fears that it won’t be able to sell its next bond issue unless they buy
it themselves. Frankly, Japan has more problems with a debt bubble than is
currently in the news. Korean stocks fell on a decline in exports which isn’t a
surprise. Chinese stocks fell to a 5 week low on poor earnings. Spain’s
unemployment rate soared to 25% vs 24% which is stunning even as a stealth bank
bailout is underway. The troika determined that a Greek bailout was still
illusive combined with the country’s demand for €30 billion more was needed. (The amounts needed there
will always be growing it seems as conditions fall by the wayside.) In France
S&P cut ratings for both BNP Paribas and SocGen. And, even in Canada Moody’s put six
banks on watch for downgrades including Bank of Montreal. Later in the day
Swiss icon UBS announced it would lay-off 10K employees. Meanwhile back in the
U.S. GDP data was reported at 2% vs 1.8% expected with nearly 1/3 of the gain
from government spending. Consumer Sentiment, highly weighted by stock prices,
was at 82.6 vs 83.1…’ , YAHOO
[BRIEFING.COM]: ‘…Amazon
gained 6.9% after reporting its earnings. The online retailer lost $0.23 per
share. However, the number may not be comparable to the Capital IQ consensus
estimate which forecast a loss of $0.10. The company's revenue of $13.81
billion was largely in-line with expectations, but management issued downside
fourth quarter guidance…’ { Tell me … What’s
wrong with this (foregoing) picture (of wall street insanity)? } , Marketwatch:
UBS to cut up to 10,000 jobs: report Radio Update: Dow down 2% on week U.S. stocks finish with weekly losses , Will
The Bottom Fall Out? 15 Signs That Layoffs And Job Losses Are Skyrocketing http://albertpeia.com/layoffsjoblossesskyrocketing.htm , Spain is 100% Totally Beyond Saving http://albertpeia.com/spainbeyondsaving.htm , What
America's CEOs Really Think In One Chart
ZeroHedge.com ‘…a huge rise
in North American job cuts. , 37
Facts About How Cruel This Economy Has Been To Millions Of Desperate American
Families http://albertpeia.com/37factscrueleconomydesperateamericans.htm , The Truth About
Europe… Which the
Media Won’t Report http://albertpeia.com/truthabouteumediawontreport.htm , The
46 Million Foodstamp Man March - An Infographic ZeroHedge.com , Marketwatch: Euro
erases gains after Spain downgraded S&P
cuts Spain's rating to one notch above junk ,
FOX: Playing games with pensions Public
pensions are severely underfunded, threatening the retirements of government
workers and taxpayer wallets. , The Largest Economy In The
World Is Imploding Right In Front Of Our Eyes http://albertpeia.com/largesteconomyimploding.htm , MF cuts
2012, 2013 global growth forecasts Marketwatch , The Inflation Rate Is A Lie
Too http://albertpeia.com/inflationrateisalietoo.htm , Is China an economic miracle,
or one massive Government-Sponsored fraud? http://albertpeia.com/chinamiraclegovernmentfraud.htm , Spain: How One Country Could
Take Down the Entire EU Banking System http://albertpeia.com/spaincouldbringdowneubanksystem.htm , Stocks
See Biggest 2-Day Gain In 5 Weeks On...Denied Rumors? UPDATE: IBM -3%
after-hours (equiv. 50 Dow Points) { Total b***s*** market! This is a great
opportunity to sell, take profits – much worse to come!
} , The
Last Days Of America? 25 Signs Of Extreme Social Decay http://albertpeia.com/lastdaysofamerica.htm , Waiting On November 6th http://albertpeia.com/waitingforgodoe.htm , Why
Intel Better Not Be Economic Bellwether This Time Around ZeroHedge.com ‘..the semiconductor manufacturer saw even more
weakness in Q4..’ , 21
Signs That The Global Economic Crisis Is About To Go To A Whole New Level http://albertpeia.com/21signsglobaleconomiccrisisabouttogetmuchworse.htm , Farrakhan's
Fiery New Warning to USA: 'Every Plague Written in Koran is Going to Come to
Pass'... { farrakhan’s really only talking about (all plagues rolled into) one
plague; viz., the plague of the nigger which is extant despoliation wherever
the niggers are, in the worst sense!
Yes, they are the other, more nefarious black plague! }
Violent crime rises
sharply... ‘6:53PM EDT
October 17. 2012 - WASHINGTON — The violent crime rate went up 17% last
year ,
Dave’s Daily: http://www.etfdigest.com
‘THUMBS DOWN ON EARNINGS 10-23-12 Suddenly
things don’t look good for bulls. Most of it is based on poor earnings and
outlooks from leading companies. , Pimco COO blasts financial culture Marketwatch , This
Could Be the World’s Largest, Most Toxic Banking System… http://albertpeia.com/largestmosttoxicbanksystem.htm , What
If We Adopted A System Where The Banks Did Not Create Our Money? http://albertpeia.com/systemwherebanksdontcreatemoney.htm , Romney’s Detroit op-ed jumps to NYT’ ‘Most Read’ list , New Obama ad inflates jobs claim It claims the president
created 5.2 million new jobs. The total number of jobs added is actually about
325,000. { Wobama is such a b***s***! O is a big ZERO as in 4 failed years
minus 4 more years of failure equals 0 years to go come 11-6-12 and 1-21-13!
O’s such a lying con/grifter! } , Lance
Armstrong and America’s growing culture of psychopathic liars Natural News | Lance Armstrong’s implosion
is being called an “epic downfall” by CNN.
, Eyes
Wide Shut - "We Are In A Bad Spot" ZeroHedge.com , Dave: POOR COMPANY REPORTS CRUSH STOCKS 10-19-12
, Spain’s
Back In Crisis Mode… And Will Take The EU Down With It http://albertpeia.com/spainbackincrisismode.htm , This
Is Why, To An Economist, QE Refuses To Work ZeroHedge.com { A very important point/reference is made here
infra regarding the reality of ‘grant’ (bribe) money which is why academics
are, though contraindicated in terms of reality and 4 years of failure, backing
obama in lock-step legion. Truly pathetic and indicative of decline! True
desperation! } , If
The Market's Disconnect With Economic Reality is Over, Watch Out Below , Why
Rajoy's 'Delay-And-Pray' Strategy Won't Work , Bill
Gross Warns "Very Likely' Central Banks Will Cause 1987-Like Crash , Two bank failures take U.S. tally to 46, FDIC says Marketwatch
, Pimco says U.S. downgrade imminent Marketwatch , Sales of existing homes decline 1.7% in September Marketwatch
Inventories decline 3.3% to 2.32 million units/ Inventories represent
5.9 months of supply ‘GOOGLE SLIP ROCKS MARKETS 10-18-12 , ‘…The culprit: California. The nation’s most populous state
appears to have shown a smaller number of claims than usual two weeks ago… The niggerization of caifornia: 10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
What Do California And Detroit
Have In Common? (Hint: niggers, etc.) http://albertpeia.com/californiadetroitdeclineincommon.htm { Not to be confused with the baseball
Tigers: Congratulations on their pennant win! Go Big Cats! }, Failed Wobama model illustrated: 16 Reasons
To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm Pro 0 New York’s not much better with their trillion dollar wall street
frauds/drain. , 55
Facts About The Debt And U.S. Government Finances That Every American Voter
Should Know http://albertpeia.com/55factsaboutusdebtfinancesvotersshouldknow.htm , 50
Crazy Things That Obama Supporters Are Threatening To Do If Romney Wins http://albertpeia.com/50crazythingswobamasupportersthreatening.htm , Greece
Is Not Poor - It Actually Has Massive Uptapped Reserves Of Gold, Oil And
Natural Gas http://albertpeia.com/greeceyuntappedwealth.htm , US
Households Are Not "Deleveraging" - They Are Simply Defaulting In
Bulk ZeroHedge.com , Bear market may begin Tuesday
{ We are in a secular bear market (foolishly) obfuscated by fiat paper currency
creation/printing! } , Did Bernanke Bluff About QE3? http://albertpeia.com/bernankebluff.htm , Visualizing America's Economic
Freedom Plunge
ZeroHedge.com , [ GO DIRECTLY TO TODAY’S
BUSINESS HEADLINES ] , Obama
campaign unleashing 'the Big Dog' in battleground states {
Riiiiight! The big dog…who found a way to poop up the presidency after being
gifted with a huge end of cold war peace dividend courtesy of predominantly
Reagan. Yes, on route to blowing the job, despite his support for NAFTA, he did
get quite a few…blow(n) jobs… http://albertpeia.com/bigdogpoop.htm } , Doug Casey Predicts Day of
Economic Reckoning Is Near http://albertpeia.com/caseysayseconomicreckoningnear.htm , http://albertpeia.com/truthabouteurope.htm , It Is Not Just Your
Imagination - American Families ARE Getting Poorer http://albertpeia.com/americansgettingpoorer.htm , Food Inflation,
Food Shortages And Food Riots Are Coming http://albertpeia.com/foodinflationshortagesriotscoming.htm , Americans Are Literally Being
Worked To Death http://albertpeia.com/americansworkedtodeath.htm
{ I personally believe a new
category of anxiety disorder has arisen in america which probably would fall
within the broader genus of ‘obsessive compulsive’;viz., the obsessively compulsive
trait being overuse of cell phones/text messaging, etc., in some instances to
the point where fingers are literally rendered ‘raw’ from the typing. Such, of
course, is famously promoted/encouraged (tweets, etc.) by the media, ‘celebs’,
etc., and of course the ‘sellers’ of the China-made gadgets, ie., apple
(I-phones, etc.), etc.. And, despite being invariably sympathetic to the plight
of kids generally, I really must say it’s really rather startling and pathetic!
} , Dow will
repeat 2007-2008 peak-crash cycle Commentary: It’s deja vu as
lessons of meltdown go unheeded By Paul B. Farrell, MarketWatch http://albertpeia.com/dowwillrepeatcrashcycle.htm , It's not
different this time: The Dow Theory Marketwatch - Oliver
Pursche , Quantitative Easing Did Not
Work For The Weimar Republic Either
http://theeconomiccollapseblog.com http://albertpeia.com/qedidnotworkforweimarrepubliceither.htm [ http://albertpeia.com/moreqesayfraudsonwallstreet.htm {
Riiiiight! Anything but reality that would thwart their daily fraud,
churn-and-earn national debacle. Actually, I think it’s more for the ‘sell the
sizzle’ part of their ubiquitous fraud; that fraud inducing ‘hopium thing’
that’s been great for their high frequency algo trade frauds that the rest of
the nation/world pays for. What’s really required is prosecution of these huge
frauds, incarceration of and disgorgement and fines for the perps, without
exception! } ] , There is No Engine For Global
Growth Pt 3 (the US) http://albertpeia.com/theresnoengineforglobalgrowth3.htm , 14 Signs That The World
Economy Is Getting Weaker http://albertpeia.com/14signsworldeconomyweaker.htm , 1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm , The Federal Reserve Sends
Thank You Letters To Congress For Letting Them Destroy Our Economy In Secret http://alberpeia.com/feddestroyingeconomy.htm , Time to
reap gains and hedge positions
Marketwatch ‘it is time to take
profits’ http://albertpeia.com/catsareamazing.htm , Where We Are and Where We’re Going (10-1-12) http://albertpeia.com/fedroadtoperdition.htm , Guest Post: The Global Spring
ZeroHedge.com ‘…Whether it was the intention from the outset or not, what globalization has created is a very small class of incredibly wealthy
people that are extraordinarily corrupt as a group and also above the law. The
writing is on the wall folks. The global economy is headed back down into
depths that will prove worse than 2008, and this time no amount of money printing and propaganda will be enough to hold
things together. TPTB know this. What we have today is not
Socialism or Capitalism, it is Ponzism.
, Proof Positive Than Central
Banks and Central Planning Fail
http://albertpeia.htm/proofofcentralbankplanningfailure.htm , Why Does Our Society Look Down
On Unemployed Men So Much? http://albertpeia.com/uslooksdownonunemployedmen.htm
, First
United Bank is 43rd 2012 U.S. bank failure , Chicago
PMI drops into negative territory in Sept. , Alternatives to the dollar Marketwatch
, http://albertpeia.com/joblessclaimspinandreality.gif , Small Business Owners
Understand the Economy Better Than Our Fed Chairman http://albertpeia.com/businessownersknoweconomybetterthanfedben.htm , Dave’s Daily: http://www.etfdigest.com EUROZONE CONTAGION RETURNS TO MARKETS 9-26-12 , Fed Virtually Funding the
Entire US Deficit CNBC | “If this becomes the new ordinary, it’s hard to
imagine the Fed’s maneuvering room” should another crisis hit, economist
Lindsay said. { Another crisis? Folks, the nation is insurmountably defacto
bankrupt, along with a panoply of other problems, not the least of which is
pervasive crime and corruption. This is a crisis! } , QE4? The Big Wall Street Banks
Are Already Complaining That QE3 Is Not Enough http://theeconomiccollapseblog.com http://albertpeia.com/moreqesayfraudsonwallstreet.htm , There is No Engine for Global
Growth Pt 2 (Europe) September 25, 2012 http://gainspainscapital.com http://albertpeia.com/theresnoengineforglobalgrowth2.htm , [
GO DIRECTLY TO TODAY’S BUSINESS HEADLINES ]
, 19 Signs That America Is Being
Systematically Transformed Into A Giant Surveillance Grid http://albertpeia.com/usasurveillancegrid.htm , 10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
There’s No Engine For Global
Growth (China Edition) http://albertpeia.com/theresnoengineforglobalgrowth.htm , Get Your Fake Tungsten-Filled
Gold Coins Here
ZeroHedge.com , Winners Lose As Safety
Outperforms UPDATE: CAT is sliding AH after noting higher chance of
recession and cuts 2015 EPS guidance from $15-20 to $12-18 , Super Mario’s Big Bluff
http://albertpeia.com/supermariosbigbluff.htm , Where Would the S&P 500 Be
Without Fed Intervention? http://albertpeia.com/snpfed.htm , Things Are Getting Worse:
Median Household Income Has Fallen 4 Years In A Row http://albertpeia.com/thingsworseincomefalls4inarow.htm , Thanks Obama - The Terrorists
You Used To Topple Regimes In Egypt And Libya Are Now Attacking Our Embassies http://albertpeia.com/thankswoforblowback.htm , Is America The Most
Materialistic Society In The History Of The World? http://albertpeia.com/americanmaterialism.htm
{ When it comes to american fortunes especially; particularly, ie., fraudulent
wall street-made fortunes, though there are otherwise some exceptions, that old
adage displayed at the beginning of one of Francis Ford Coppola’s masterfully
done mafia movies, viz., ‘Behind every fortune a crime’, is apposite. } , We're Entering Another
Economic Collapse... Right As Inflation Hits LIft Off! Phoenix Capital Research 9-21-12 http://albertpeia.com/economiccollapseplusrisinginflation.htm , 21 Facts About America's
Decaying Infrastructure That Will Blow Your Mind http://theeconomiccollapseblog.com http://albertpeia.com/21factsamericasdecayinginfrastructure.htm , 100 DAYS UNTIL LARGEST TAX HIKES IN
HISTORY... http://albertpeia.com/taxmaggedon.htm
, Dumb
money sees a rally, so gird for a dip , Dave’s Daily: http://etfdigest.com
‘QUAD WITCHING NONEVENT
9-21-12 , The
richest and poorest U.S. cities by income http://albertpeia.com/25uscitiesbyincome.htm , 10 Quotes From Financial
Experts About The Effect That QE3 Will Have On Gold And Silver http://albertpeia.com/10quotesfromfinancialexpertsreqe.htm , Forget About QE… I’m Worried About UC September 20, 2012 http://gainspainscapital.com http://albertpeia.com/qeconsequences.htm , The Fed’s QE 3 Program: Short
Term Thinking For Long-Term Pain
http://albertpeia.com/shorttermthinkinglongtermpain.htm { The problem is, it’s not even sound
short-term thinking. Oh sure, the fraudulent churn and earn markets are loving
this, yet some see this ‘non-economic’, costly obfuscating scam for its real
effect and detriment; ie., Egan-Jones
downgrades U.S. rating on QE3 move
, etc.. } , 10 Shocking Quotes About What
QE3 Is Going To Do To America
http://albertpeia.com/10shocksregardingwhatqe3willdotous.htm , How QE3 Will Make The Wealthy
Even Wealthier While Causing Living Standards To Fall For The Rest Of Us http://albertpeia.com/qe3wealthywealthiertherestpoorer.htm , 9-19-12
It’s Time to Air Out Ben
Bernanke’s Dirty Laundry http://albertpeia.com/rainmanhelicopterbensdirtylaundry.htm , What Mitt Romney Also Said: A
Glimpse Of The Endgame?
ZeroHedge.com http://albertpeia.com/mittalsosaid.htm , 'Krugman's Kryptonite' Pedro
Schwartz On Creating Money Out Of Thin Air "A serious inflationary disaster will
only be prevented if governments succeed in reducing their deficits and stop
selling bonds" , Draghi and Bernanke’s Worst
Nightmares Are About to Unfold
‘…they’ve both failed…’
http://albertpeia.com/draghibernankeworstnightmare.htm ,
MARKET WATCH HEADLINES http://albertpeia.com/marketwatchheadlines.htm , The Federal Reserve Is
Systematically Destroying Social Security And The Retirement Plans Of Millions
Of Americans http://albertpeia.com/feddestroyingsocialsecurity.htm , Tungsten-Filled 10 Oz Gold Bar
Found In The Middle Of Manhattan's Jewelry District ZeroHedge.com , Where We Are and Where We’re
Going (Week of September 17, 2012) http://gainspainscapital.com http://albertpeia.com/hereandthere.htm , ‘
My sense is [QE3] is going to have a greater effect on inflation and a minimal impact on
jobs.’—Jeffrey Lacker President , Richmond Federal Reserve Bank , Dave’s Daily: http://etfdigest.com ‘MARKETS TAKE A BREAK 9-17-12 China stocks were hit hard yesterday with Shanghai indexes weaker by
2-2.5% and down to levels not seen since 2009 [ Anti-American
fury sweeps across an inflamed Muslim world { Despite casting this as being over a film,
it’s not just the film; but as well, blowback for innumerable policy missteps
that ultimately included direct or indirect acts of violence/aggression. These
people are not blind, nor are they utter fools despite america et als’ foolish
assumptions and presumptions to the contrary. } QE3: Helicopter Ben Bernanke
Makes It Rain Money http://albertpeia.com/debaseddollarfailedstrategy.htm ‘…The course that the Federal Reserve has
set us on is utter insanity. Ben Bernanke can rain money down on us all
he wants { because he’s ‘The Rain Man’ }, but it is not going to do much at all
to help the real economy. However, it will definitely hasten the
destruction of the U.S. dollar…’ , [ GO DIRECTLY TO TODAY’S BUSINESS HEADLINES ]
The Punchline In His Own
Words: Bernanke Advocates Blowing Asset Bubbles As The Antidote To Depression ZeroHedge.com { This is an especially great opportunity to sell this suckers’
market/take profits! Nothing’s been solved! Just because
‘no-recession-helicopter-ben’ says something, does not mean it’s true (remember
that ‘no recession call’ of his; and, of course, no QE before the election,
prospectively, already discounted many times over by the ‘markets, such as they
are, ie., algo buy programs, etc.. ).
All this and now ‘whatever’ is too little and too late for the uss
Titanic which has taken on too much, not water, but b***s***. This was a
desperate move, bespeaking desperation.The fact is things are ominously so bad,
and worse than ‘allowed’ to be seen for the moment, that something as this QE
which is economically and financially contraindicated and a proven failure for
all but the frauds on wall street along with their cohorts including desperate
politicos, is resorted to in desperation to divert attention from their
unequivocal failure. After all, though having cost so many americans their jobs
with wrong calls and policies, bernanke is trying to save his own by inflating
the markets (along with everything else, ultimately hyperinflationary) for fellow failure wobama’s sake (wobama
rehired failure bernanke, President Romney would have fired, and will fire him
… goldman sachs knew this dollar debasing failed policy QE 3 would come and at
the expense of the muppets…that’s their term for all you suckers). I further
believe this contraindicated largess to the frauds on wall street is to
preserve his post fedship tenure job possibilities by ingratiating himself even
further with those nefarious, self-serving interest groups. } Dave’s Daily: http://www.etfdigest.com ‘FED IN FOR
A PENNY IN FOR A POUND 9-13-12 Basically the Fed has gone too far done the
money printing mode to stop now. They believe what their policies will
stimulate employment but all operations in this regard have failed. The Bernank
will spin this as an apolitical move coming two months before an election that
could cost him his job…’ ‘MARKETS IN WAITING GAME 9-11-12
It was a mix of news Tuesday. The featured story was Moody’s stating
they’ll be cutting the U.S. rating one notch if politicians can’t agree on debt
reduction plans. Germany’s Schauble
piled on stating U.S. debt to GDP ratio was much too high. This sent the dollar
(UUP) lower and gold (GLD) higher once again…
, What’s the Fed Going to Do? http://albertpeia.com/whatsthefedtodo.htm , China And Russia Are
Ruthlessly Cutting The Legs Out From Under The U.S. Dollar http://albertpeia.com/debaseddollardown.htm , September 11 – Eleven Years
Later (Selected Statistics)
ZeroHedge.com On the anniversary
of the most emotional day in our collective memory, here are some key
statistics in the interest of truth, justice and the American way: http://albertpeia.com/september11stats.png , The Student Loan Debt Bubble
Is Creating Millions Of Modern Day Serfs http://albertpeia.com/studentloandebtserfs.htm , The Real Unemployment Numbers
Are Worse Than You Are Being Told
http://albertpeia.com/realunemploymentnumbersmuchworse.htm , The Historic Demise Of The
Ever-Shrinking Dollar: An Infographic ZeroHedge.com , Dave: ‘A SPOONFUL OF SUGAR HELPS THE
MEDICINE GO DOWN’ 9-7-12 { It really must be emphasized/said, and it
has been said infra*, that the west generally, and the u.s. especially, have
become unmistakably banana republics meeting all criteria by which such failed
forms of political/economic ‘organization’ are denoted. The consistent and
persistent focus on the totally fraudulent, manipulated stock markets,
fraudulent wall street particularly with contraindicated, failed QE for benefit
of wall street frauds only, to the detriment of literally everyone else, viz.,
taxpayers, main street, etc., has become nothing short of criminally
insane! ‘DRAGHI GIVES BULLS WHAT THEY
WANT 9-6-12 Bullish algos bought immediately after Draghi’s announcements.
They aren’t interested in the details just the headlines which told them more
money printing was on the way. Draghi stated there would be “conditions” to
their bond buying of various sovereign debt but details of these conditions
were illusive , ECB INTERVENTION COMMENT DU JOUR:
"CLASSIC BANANA REPUBLIC BANKING" http://albertpeia.com/classicbananarepublicbanking.htm , Are You Better Off? 40
Statistics That Will Absolutely Shock You http://albertpeia.com/40statsyourenotbetteroff.htm , The Next Round of the EU
Implosion is at Our Doorstep
http://albertpeia.com/nextroundeuimplosionnow.htm , Bloomberg FOIA Documents How
Wall Street Made A Muppet Of The SEC, Mary Schapiro And Dodd Frank , US$2000 gold by year end,
Capital Economics maintains , Dave: ‘ALGO DRIVEN TRADING DOMINATES TUESDAY 9-4-12 The basic news on the day was universally poor…’ , 18 Indications That Europe Has
Become An Economic Black Hole Which Is Going To Suck The Life Out Of The Global
Economy http://albertpeia.com/18indicationseuropesuckinglifeofglobaleconomy.htm
,
THREE CHARTS TO WATCH FOR SIGNS OF WHAT’S TO COME http://albertpeia.com/3chartstowatchwhatscoming.htm , Moody's Downgrades European
Union To Outlook Negative
ZeroHedge.com , Clint
Eastwood to speak at the Republican National Convention: reports { Indeed he did! All is not unforgiven.
That’s a double-negative, Clint, meaning all’s forgiven ( I just wanted to
interject his oscar-winning ‘Unforgiven’ for the record, along with ‘Million
Dollar Baby’) for your pro-gay marriage, don’t give a f*** egalitarian position
(I actually thought in light thereof he was a ‘wobama man’)... 82 and still
truckin’ in a big way…what a guy…I’m impressed…he made our day! ( There are
some detractors, talkin’ this and that about his speech; but, the point is that
Clint’s doing it, not just talkin’ about it! ) Well Done, Clint! I’m also adding here for the record the fact
that Robert Duvall did a fundraiser for President Romney with First Lady Ann
Romney; and, had an underrated, underappreciated superb (less than big budget)
film of his own, ‘Assassination Tango’, which in light of nuanced performance
and attention to detail deserved greater attention and acclaim ( any guy whose
been offered a free poke from Diane Lane [‘Lonesome Dove’] and loves the smell
of napalm in the morning [the great ‘Apocalypse Now’] is more than okay in my
book). And, Jon Voight: The Advocate … Who woulda thunk it? Cogent and
relevant! } , Tokyo court rules that Samsung
did not infringe on Apple patent AP { This is a very big deal!
} ,
‘QE QUESTIONS http://albertpeia.com/consumercon.png { To QE or not to QE, that is the
question…whether it is nobler in the mind to suffer the slings and arrows of
outrageous destruction of fortunes … ah, yes … good choice Dave … I know those
soliloquies by heart…and now, a little Lewis Carroll with a mad hatter none other
than helicopter-ben-shalom-bernanke … } 8-28-12 , Drudgereport: Gasoline To Hit Labor Day Record Price... {
Predominantly the consequence of failed QE for the benefit of fraudulent wall
street only and wobama’s (failed) re-election scam! } , Is There Going To Be A Stock
Market Crash In The Fall? http://albertpeia.com/stockmarketcrashcoming.htm { Short answer, YES! If there’s still any
rationality left in these stock markets! }
, FOUR REASONS WHY THE FED WILL
NOT ANNOUNCE QE 3 THIS FRIDAY gpc1981 http://albertpeia.com/4reasonsnoqe3.htm http://albertpeia.com/qe3notcoming.htm , Thank You Wall Street Thanks for everything... http://albertpeia.com/thanksfraudulentwallstreet.png
, …BERNANKE & CO READY TO
PROVIDE ANOTHER ROUND { …of consistently failed, inflationary QE for the
benefit of the wall street frauds only, to the detriment of the real economy
and everyone else! This misguided wall street fraud oriented policy is in large
part responsible for the increasingly
dismal state of the economy along with
the natural concomitant of rising prices which are blamed on everything but the
contraindicated QE which is the primary culprit! } The only news that mattered
to the algos and HFTs were nuggets of more QE found in FOMC Minutes released
just in time for the 2:15 Buy Program Express to leave the station. More money
printing is inflationary and stocks can inflate too so let’s not kid
ourselves. , Grim
economic report provides Romney with opening http://albertpeia.com/truthwinsecotopics.htm , Guest Post: The Stock Market
Is An "Attractive Nuisance" And Should Be Closed ZeroHedge.com Tyler Durden { Yes! This article should in no way be
considered tongue-in-cheek sarcasm, exaggeration; but rather, the reality that
the stock market has become a parasitic den of thieves and fraud literally
detrimental to all people, all places except for the few indigenous denizens of
this infectious malignancy that literally sucks the life blood out of all they
reach and touch! } , Thanks Obama - Here Are 24
Stats That Show How Much You Have Royally Messed Up Our Economy http://albertpeia.com/24statsshowhowobamamessedupeconomy.htm , 8 Economic Threats That We
Were Not Even Talking About At The Beginning Of The Summer http://albertpeia.com/8neweconomicthreats.htm , More Than Half Of All
Americans Are At Least Partially Dependent On The Government http://albertpeia.com/morethanhalfamericansdependentongovernment.htm , Jacob Rothschild, John Paulson
And George Soros Are All Betting That Financial Disaster Is Coming http://albertpeia.com/insidersmartmoneybetsfinancialdisastercoming.htm , US fiscal cliff risks new
recession, says report
, Eric Sprott: The Financial
System’s Death Knell? http://albertpeia.com/incometaxforwar.jpg http://albertpeia.com/usfoodcrisis.htm ,‘QE TALK & MERKEL PROP STOCKS 8-16-12 , http://albertpeia.com/newhousingunitscompleted.jpg , Startling Evidence That
Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG http://albertpeia.com/centralbankswallstreetinsidersprepforsomethingbig.htm
‘DATA
MANIPULATION UNDER COVER’, EUROPE HAS
TWO POTENTIAL “HAIL MARY” PASSES … WOULD EITHER OF THEM WORK { Short Answer:
NO! } ? http://albertpeia.com/europesbailmario.htm , The Mississippi River Is
Drying Up http://albertpeia.com/mississippidryingup.htm , You Will Not Believe What Some
People Are Willing To Do For A Paycheck These Days http://albertpeia.com/desperateforapaycheck.htm , Dan Loeb Purges Portfolio,
Cuts Over Two Thirds Of Equity Holdings, Adds 25 New Positions ZeroHedge.com , S&P 500 Futures 'Plunge'
1.25 Points - Most In 10 Days!
, Bill Gross On Where "Bad
Bonds Go To Die": Joins Paul Singer In Hatred Of Treasurys , Are The Government And The Big
Banks Quietly Preparing For An Imminent Financial Collapse? http://albertpeia.com/imminentfinancialcollapse.htm , The Sobering Reality Of What
Life Is Like In Reno, Nevada
http://albertpeia.com/realityofdyinguscitieslikerenonv.htm , What the ECB Can Actually
Do... Not Much Posted by: Phoenix Capital... So there
is literally NO option that could save Europe at this point. We can get verbal
interventions and symbolic gestures (such as Draghi's "bazooka"
threat), but the fact of the... http://albertpeia.com/marketsshortsqueezeeurophorialunacy.htm , France to slide into recession
says central bank France's
central bank expects the country to slip into recession in the third quarter
with many EU countries already in recession in the wake of the debt
crisis. , Top Obama watchdog: America's
'pretty f**ked' If you are
looking for opinions on the current state of the country, former TARP Inspector
General Neil Barofsky is opening up about what he thinks of America. And, if
you ask him, the whole nation might be pretty damn f**ked. , More Than 100 Million
Americans Are On Welfare http://albertpeia.com/morethan100millionamericansonwelfare.htm , 14 Questions People Ask About
How To Prepare For The Collapse Of The Economy http://albertpeia.com/preparingforcollapseofeconomy.htm , Europe Is Not a Matter of
Opinion… It’s a Matter of Math
http://albertpeia.com/eumathinsolvency.htm , And You Thought Q2 Earnings
Were Bad? ZeroHedge.com A Primer To Intraday Market
Moves’ , [ { Dave’s Daily Summary with pics/charts –
Dave is always worth a look; a bit too bullish methinks, but somewhat realistic
in light of the preposterous churn-and-earn frauds/’valuations’, which folly
has gone global and will end quite badly!
http://albertpeia.com/davesummary8312.htm } Then there’s: {
AP: Preposterous beyond words! In a nutshell: lunatics here on wall street and
abroad are indeed affected by this full moon in a very big way! } ] , Lest you think we’ve turned
the corner. . . . MK It’s Friday. And if its Friday, the FDIC announces another
bank failure. In this case the 40th bank failure this year. At that rate about
six per month. (But who’s counting?) Waukegan Savings Bank of Waukegan,
Illinois. . ‘ , The Bernanke Put is a Lie By gpc1981
http://albertpeia.com/bernankeputalie.htm , The Employment Rate In The
United States Is Lower Than It Was During The Last Recession http://albertpeia.com/usemploymentratelowerthanlastrecession.htm , Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( The Real Obama Budget Deficit
For 2011: 5 Trillion Dollars
http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm ,
‘DRAGHI DROPS THE BATON 8-2-12
European Central Bank chief Mario Draghi could not back up his bold statements
from last week with specific action. He could only say the ECB “may” through
its mandate buy eurozone bonds. Basically this means he backed the Germans into
a corner and they didn’t blink. His credibility has taken a major hit and
Spanish bond yields once again headed for 7%...A late day rally (see SPY 2:15
PM Buy Program Express) lifted stocks off their lows led mostly by technology
(XLK) and more Apple (AAPL) split chatter. Do you really think equity markets
overall can be durably supported by one stock and infinite central bank
QE?...’ , ‘BERNANKE PASSES THE BATON TO DRAGHI 8-1-12 … China’s official
PMI fell to the lowest level since November 2011 and for the third consecutive
month (50.1 vs 50.2 prior). Most view this as a temporary decline or even
attribute it to seasonal factors. But if you read anything by hedge fund guru Jim Chanos
you might see things in a much different way.Even more interesting Wednesday
was the HFT algo mishaps that befell trading particularly at Knight Capital
which struggled with an avalanche of misplaced
orders and high volume. ETFs like the Market Vectors Gold Miners ETF
(GDX) and Direxion Shares leveraged Gold Miners ETF (NUGT) saw incredible
volume spikes. The NYSE has a love affair with HFTs providing volume not to
mention trade rebates nevertheless insists it will “look into the matter”.
Knight Capital has announced its “trade cancelation band” at 30%. The NYSE has ruled only 6 stocks
will feature canceled trades.The “flash crash” was 20%. This is the danger of
leaving Good til Canceled (GTC) trailing stops and
thinking you’re protected.
Nevertheless this type of activity is what drives more investors away from
markets. http://albertpeia.com/davescharts8112.jpg http://albertpeia.com/davescharts8113.jpg , Angela Merkel Will NOT Lose
Germany’s AAA Status Before Her Re-election Let’s Stop Kidding Ourselves
and Look at the REAL Math Behind Spain http://albertpeia.com/merkelholdsspainfolds.htm , Mainstream Reporter Tells The
Truth About Audit The Fed And The Creation Of The Federal Reserve http://albertpeia.com/truthaboutauditfedandfedcreation.htm , This Is What Happens When An
HFT Algo Goes Totally Berserk And Serves Knight Capital With The Bill ZeroHedge.com
Germany Now Has a REAL Debt to GDP of 300%…. Bye Bye
Eurozone http://albertpeia.com/germanydebttogdpnow300percent.htm , Historic Drought, Giant Dust
Storms And Massive Power Grid Failures - A Glimpse Into Our Future http://albertpeia.com/droughtdustpowergridfailuresfuture.htm11 Signs That Time Is Quickly
Running Out For The Global Financial System http://albertpeia.com/11signstimesrunoutforfinancialsystem.htm , Sorry Mario Draghi, Spain is
Finished! Why the Financial System Could Indeed Collapse http://albertpeia.com/spainfinishedandfinancialsystemcollapse.htm , Treasury Admits It
Underestimated Debt Needs, Predicts Ceiling Breach In 2012; $600 Billion More
Debt In Second Half
Zerohedge.com http://albertpeia.com/ecricallsrecession.htm , ECRI's Achuthan: "The US
Is In Recession Already"
, 19 Warnings About A Coming
Global Financial Catastrophe
http://albertpeia.com/19warningsofglobalcatastrophe.htm , These 12 Hellholes Are
Examples Of What The Rest Of America Will Look Like Soon http://albertpeia.com/12hellholesvisionofamericasfuture.htm , The Federal Reserve Is Not
Going To Save Us From The Great Depression That Is Coming http://albertpeia.com/fedcantwontsaveusfromgreatdepression.htm 12 Signs That The Next
Recession In The United States Has Already Begun http://albertpeia.com/12signsusrecessionhasbegun.htm , 20 Signs That All Point To The
Exact Same Thing - Can You Guess What That Is? http://albertpeia.com/20signspointtoeconomiccrisiscollapse.htm , Biderman Goes All-In Bearish ZeroHedge.com , What In The World Is Wrong
With American Kids? http://albertpeia.com/nothingthatsaneradultscantcure.htm , The Li(e)bor Rigging Scandal
Infographic For Dummies http://albertpeia.com/libor.jpg , 100 Million Poor People In
America And 39 Other Facts About Poverty That Will Blow Your Mind http://albertpeia.com/100millionpovertystrickenamericans.htm , Down Goes Britain: The UK Economy
Tumbles Deep Into Recession http://albertpeia.com/downgoesbritain.htm , Europe Can and Will Cause a
Systemic Collapse… Are You Ready?
http://albertpeia.com/europecanandwillcausesystemiccollapse.htm , Guest Post: You Didn’t Build
That { http://albertpeia.com/americasnumberonespook.htm } {
This preposterous
rally on b***s*** alone is a great opportunity to sell, take profits since
there’s much, much worse to come! } , In Q2 America Added $2.33 In
Debt For Every $1.00 In GDP ZeroHedge.com , 17 Reasons Why Those Hoping
For A Recession In 2012 Just Got Their Wish http://albertpeia.com/17reasonsrecessionnow.htm , 19 Examples Of How Control
Freaks Are Killing America With Their Completely Ridiculous Regulations http://albertpeia.com/19wayscontrolfreakskillinguswithregs.htm , Dave’s Daily: BULLISH QE ALGOS
7-27-12 ‘It’s difficult to comprehend
the tape sometimes, especially when you try to square it with the overall news.
The bottom line is bulls have placed their bets that the eurozone will be fixed
and weaker U.S. GDP both will be met by a heavy dose of QE. Everything else
doesn’t matter. Bulls don’t believe the Germans, despite Bundesbank’s comments
to the contrary; will block bond buying by Draghi and the ECB. The key phrase
in the linked WSJ article was, “If there is no ECB bond buying next week stocks
will collapse”. { AP: What I really can’t fathom is how, why people are so
eager to support the churn-and-earn paper fraud on wall street (their computers
are literally selling to themselves along with the other programmed algo
insanity – helping/facilitating these costly wall street frauds which have not
helped but in many ways hurt the real economy – their gain is everyone else’s
pain as that money in their pockets must come from some real place; viz., your
pockets – there’s no free lunch). Their buying time with b***s*** also
facilitates the transfer of their ‘worthless paper hot potatoes’ to ie.,
taxpayers, governments, etc.. Totally pathetic! We’re way past the ‘fool me
twice, shame on me’ stage! They really
have to be prosecuted and put in jail where they belong. They’re just not that
important and they are a substantial detriment to the real economy and society
generally. They have no fear of prosecution and have continued their paper
frauds where they left off last crisis, and seek once again to cash out for
hard currency, metals with the greater fools holding their worthless paper bag.
I used to follow the markets when value/valuation meant something. Now I track
them only to discern the ever greater frauds and the ‘political connectivity’
to same. } , ‘DRAGHI JAWBONES SHORT
SQUEEZE 7-26-12, Draghi Just Pulled Out His
Bazooka… How Long Before the Crash?
http://albertpeia.com/draghinbsandcrash.htm , The Audit The Fed Bill Gets
Passed By The House But Obama And The Democrats Are Going To Kill It http://albertpeia.com/obamademskillauditfed.htm , The Attack On Chick-Fil-A Is
An Attack On The Freedom Of Speech Of Every American http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
Dave’s Daily SANDY
FALLS ON GOLD PLATED SWORD 7-25-12 { Sandy who? Aw geeh … I thought Dave was talking
about that other sandy (sandusky of jo
pa’s p.s. fame, they worshipped together) who cornholed quite a few himself! } BAD
DATA IGNORED IN FAVOR OF TECH { Tech?
Palease, don’t make me laugh! This ‘bad news is good’ scenario based upon hopes
for contraindicated, egregiously failed QE for the benefit of the frauds on
wall street only to the detriment of everyone else with such hopium rallying
stocks has gone beyond the point of ridiculous. It’s really rather pathetic,
these so-called wall street mavens/titans of capitalism, the largest of which
remain unprosecuted for their huge, lucrative, debilitating frauds
wanting/expecting even more on the public dole. They’ve even gotten to the
point where their computers are selling to themselves for the ‘churn and earn’
along with the algo-driven contraindicated moves up. The markets are totally
cooked! Dave as always is spot-on the case! } , James Holmes Is Not Alone - 20
More Examples Of The Sickos That Are Overrunning America http://albertpeia.com/americansickos.htm , 12 Signs That Spain Is
Shifting Gears From Recession To Depression http://albertpeia.com/12signsspainrecessiontodepression.htm , The New York Times Admits That
Virtually Every Major News Organization Allows The News To Be Censored By
Government Officials http://albertpeia.com/nytimessaysallusnewscensoredbygovt.htm , 11 International Agreements
That Are Nails In The Coffin Of The Petrodollar http://albertpeia.com/endofpetrodollar.htm , UBS Issues Hyperinflation
Warning For US And UK, Calls It Purely "A Fiscal Phenomenon" , …Germany Would Leave the Euro…
Well, Germans Are Already Using Deutschemarks Again!
http://albertpeia.com/germanywillleaveeuro.htm , The End of the Bernanke Put is Here http://albertpeia.com/endofbernankeput.htm ,
The New Depression: The
Breakdown of the Paper Money Economy , 27 Things That Every American
Should Know About The National Debt
http://albertpeia.com/27thingsamericansshouldknowaboutnationaldebt.htm Two Myths That the Bulls
Continue to Cling To Were Just Rendered Moot http://albertpeia.com/twobullmythsnowmoot.htm , Dustbowl:
U.S. declares drought largest disaster area ever , Jobless
claims fall as plants put off retooling, The EU in Recession, the US is
Entering a Recession and China is Lying About Its Growth http://albertpeia.com/euinrecessionusrecessionchinachinakissmyhina.htm , 25 Signs The Collapse Of
America Is Speeding Up As Society Rots From The Inside Out http://albertpeia.com/25signsacceleratedamericancollapseandrotwithin.htm , 14 Incredibly Creepy
Surveillance Technologies That Big Brother Will Be Using To Spy On You http://albertpeia.com/14creepygovernmenttechnologiestospyonyou.htm
, The US is Entering a Recession
In the Worst State in the Post WWII Period… Right As the Fed Realizes It’s Out
of Ammo http://albertpeia.com/usenteringrecessionworstinpostww2.htm , White
House on weak jobs report: Don’t ‘read too much’ into it Olivier Knox, Yahoo! News { Riiiiight! Sounds like a plan! After all,
wobama’s gotten’ by on b***s*** and ‘special consideration’ alone, never having
done anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Computers on Wall Street are
Buying and Selling to Themselves {
Churnin’ and earnin’ http://albertpeia.com/churninandearnin.htm 6-29-12 Suckers’ short covering plus high
frequency algo rally into the close to keep suckers sucked in for month,
quarter, half window dressing (manipulated stock prices, oh my! Realize that
these fraudulently induced commissions come OUT of the real macro economy which
has been a major problem for quite some time!)
7-5-12 The Biggest Financial Scandal
In History? http://albertpeia.com/anotherbiggestfinancialscandal.htm , Equities Fumble As Broke Banks
Mounting ZeroHedge.com Tyler Durden 7-5-12 , Thunder Road Report On The Death
March: Approaching A New Financial System , The Next Imminent Bailout:
Eminent Domain } http://albertpeia.com/archives.htm - As per Dave (Dave’s Daily: http://www.etfdigest.com ‘.. There were grandiose statements, promises and more
importantly, details to be worked out. The latter will wait since bullish algos
only move on headlines and not pesky details..’ ‘6-28-12 … But a late day rally on an old Bloomberg story
that Italy and Spain might get some short-term help launched algo buy programs
late...’) 7-2-12 Global Growth Outlook Weakens ,
Big Banks Have Criminally
Conspired Since 2005 to Rig $800 Trillion Dollar Market George Washington 07/01/2012
… But Receive Only a Light Slap on the Wrist , 77% of JP Morgan’s Net Income
Comes from Government Subsidies JP
Morgan Sucks at the Government Teat
, Sorry Folks, Spain Isn’t
“Saved” And The Next Leg Down is Coming Soon / The Exact Moment Greece Will Leave the Euro gpc1981 http://albertpeia.com/greeceyspainpain.htm , Chief Justice John Roberts
Bowed To Political Pressure And Changed His Vote On Obamacare http://albertpeia.com/nolegalsystem.htm { The unfortunate reality is what I’ve
alluded to in the context of my own direct experience; viz., america’s ‘legal
system’ is an illegal system used to cover-up crimes, arbitrarily enforce laws
to apply pressure, etc., and essentially run by the inmates of this collective criminal
entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
} , Houston, We Have Contraction , China's Landing Getting Harder
As Stimulus Fails To Prime Pump
, As US Closes June With
$15,856,367,214,324.44 In Federal Debt, US Debt/GDP Hits Post WWII High Of
101.5% , 15 Reasons Why The Obamacare Decision
Is A Mind Blowing Disaster For America http://albertpeia.com/15reasonsobamacareisadisaster.htm , 17 Reasons To Be EXTREMELY
Concerned About The Second Half Of 2012 http://17reasonssecondhalfworse.htm , 22 Statistics That Prove That
The American Dream Is Being Systematically Destroyed http://albertpeia.com/americandreamdestroyed.htm Where Does Money Come From?
The Giant Federal Reserve Scam That Most Americans Do Not Understand http://albertpeia.com/federalreservescam.htm , The EU Has Already Broken Up…
They Just Haven’t Formalized Yet
http://albertpeia.com/eualreadybrokenup.htm , http://albertpeia.com/totaleconomiccollapseseptoct.htm , Egan Jones Downgrades Germany
From AA- To A+ , "Bankruptcy Only Choice
Left" As Stockton Set To Become Largest US City Chapter 9 , Deutsche Bank Hides The
Hopium: "The Next Recession Should Start By The End Of August" , Richmond Fed Plunges;
Consumers Underconfident For The Fourth Month In A Row , Art Cashin Warns: "Beware
The Ides Of September"
( Suckers’ algo rally into the close off lows; great opportunity to
sell/take profits! Much worse to come! ) Dave’s Daily: http://www.etfdigest.com
http://etfdigest.com/commentary.html BANKS
RALLY ON DOWNGRADES 6-22-12 ‘It would appear the rating agencies are
either “leading from behind” or just don’t have much respect these days after
they botched the mortgage crisis’ { As
an aside, I thought Rodney Dangerfield was absolutely hilarious in that great
comedy classic, ‘Caddyshack’ and I’m glad Dave used his image here http://albertpeia.com/dangerfieldindeed.jpg }. , The USD Trap Is Closing:
Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap When the US Dollar is ultimately dethroned
as the world's reserve currency (and finally gets rid of all those ridiculous
three letter post-Keynesian economic "theories") nobody will have
seen it coming. Well, nobody except for the following headlines: ""World's Second (China) And
Third Largest (Japan) Economies To Bypass Dollar, Engage In Direct Currency
Trade", "China, Russia Drop Dollar In
Bilateral Trade", "China And Iran To Bypass
Dollar, Plan Oil Barter System", "India and Japan sign new $15bn currency swap
agreement", "Iran, Russia Replace Dollar
With Rial, Ruble in Trade, Fars Says", "India Joins Asian Dollar
Exclusion Zone, Will Transact With Iran In Rupees." And
while the expansion of the "dollar exclusion zone" was actually quite
glaring to anyone who dared to look, one thing was obvious: it was confined to
Asia. No more courtesy of the following FT headline: "Brazil and China agree
currency swap." More: "Brazil has provided a vote of
confidence in China’s efforts to promote the renminbi as a reserve currency by becoming
the biggest economy yet to agree a swap deal with Beijing. Brazil and
China announced the R$60bn (US$29bn) local currency swap after a bilateral
meeting between Wen Jiabao, the Chinese premier, and Dilma Rousseff, Brazil’s
president, on the sidelines of the Rio+20 environmental summit in Rio de
Janeiro." , 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! , America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere
one looks…The government’s total indebtedness is $211
trillion’ … Suckers’ 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" http://albertpeia.com/reinforcementoffailure.htm , Dave’s Daily: http://www.etfdigest.com MARKETS RETHINK SPAIN AND ITALY 6-11-12 {Contrasted to prior trading day
folly/fraud} 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…’ { 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? http://albertpeia.com/endgamecollapse.htm ,
Biderman: "Everyone Is
Now A Seller Of US Stocks" ZeroHedge.com Submitted
by Tyler Durden on 05/31/2012
http://albertpeia.com/everyonenowasellerofusstocks.htm , 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
http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm , 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 ZeroHedge.com Durden , 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 www.zerohedge.com 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 ZeroHedge.com http://albertpeia.com/5reasonsforcautioninusequities.htm
[ 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 Durden on
05/01/2012 , 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.htm
– REMEMBER: 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 Durden ‘On
this basis, the market as a whole is OVERPRICED BY MORE THAN
20%.’ { http://albertpeia.com/rosenbergsaysmarketovervaluedmorethan20percent.htm } , 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 Durden , 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
Miss 3-26-12 The 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) ZeroHedge.com 3-14-12 ‘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 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 Durden , 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 Durden on
01/06/2012 .. 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 Durden, This is No Cyclical Recession…
It is a Secular DE-pression Phoenix Capital
, 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 , 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 Declines Durden 2-28-12 Little 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) Durden, , 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,
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 Durden 3-6-12, 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 Increase Durden 3-8-12 , Initial Claims Miss
Expectations, Rise For Third Consecutive Week For First Time Since August 2010 Durden 3-8-12 , Greece 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 2011 Durden 3-12-12 , Guest Post: The Audacity of
Bonuses At MF Global Durden 3-12-12 In
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 Durden 3-15-12 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 Missed Durden 3-22-12 , Corzine Corzined -
Congressional Panel Finds Former MF Global CEO Ordered JPM Fund Transfer
Durden 3-23-12 [
‘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 Durden 3-26-12 , 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
, , 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/bobobamathetraitor.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" Durden 3-30-12, Everything Is Going To Be Alright? http://albertpeia.com/everythingsnotalright.htm
, ‘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
Durden , The Mother Of All
Infographics: Visualizing America's Derivatives Universe http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm
, Fasten Your Seatbelts: High
Frequency Trading Is Coming To The Treasury Market [ http://albertpeia.com/highfrequencytradingcomingtotreasuries.htm
, 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
10-26-12
Dave’s Daily: http://www.etfdigest.com ‘MARKETS LIMP INTO THE WEEKEND 10-26-12 It seems to this observer that perhaps not much is going to
happen with markets until after the election. There are just too many headwinds
of uncertainty surrounding everything. Of course, there is always the unknown
news event that can throw things in one direction or another but that kind of stuff
is always with us. The “tell” now is with corporations
who aren’t spending
based on uncertainty surrounding the election, tax policies, the fiscal cliff,
eurozone and so forth. Until these issues become clear we’re in stall mode. Overseas
news was dominated by the Bank of Japan launching another round of stimulus on
fears that it won’t be able to
sell its next bond issue unless they buy it themselves. Frankly, Japan has more
problems with a debt bubble than is currently in the news. Korean stocks fell on
a decline in exports which isn’t a surprise.
Chinese stocks fell to a 5 week low on poor earnings. Spain’s unemployment rate soared
to 25% vs 24% which is stunning even as a stealth bank bailout is underway. The
troika determined that a Greek bailout was still illusive combined with the
country’s demand for €30 billion more was needed.
(The amounts needed there will always be growing it seems as conditions fall by
the wayside.) In France S&P cut ratings for both BNP Paribas and SocGen.
And, even in Canada Moody’s put six
banks on watch for downgrades including Bank of Montreal. Later in the day
Swiss icon UBS announced it would lay-off 10K employees. Meanwhile back in the
U.S. GDP data was reported at 2% vs 1.8% expected with nearly 1/3 of the gain
from government spending. Consumer Sentiment, highly weighted by stock prices,
was at 82.6 vs 83.1. I have more “confidence” in the
Conference Board data. The big earnings news from Apple (AAPL) was panned as
the stock declined while Amazon (AMZN) rose despite the large miss on earnings,
revenues and guidance. As to the latter, an analyst at Needham stated the “poor report presented the
opportunity for a large upside surprise on the next report” which is how WS can spin
bad news. With the PE at 280 (no typo) that’s the kind of thinking that institutional robots use to
invest based on analysts’
recommendations. The dollar (UUP) was flat as was gold (GLD). Commodity markets
(DBC) and (USO) were also relatively unchanged Bonds (TLT) and (IEF) were
higher in price as the sawtooth trading range pattern continues over most
maturities. Stocks were uninspired overall lacking certainty on issues noted
above and mostly declining earnings closing flat on the day. It’s really a wait and see
game for now. Volume was once again light as most investors find little
incentive to get further involved now. Breadth per the WSJ was mostly negative…’, YAHOO [BRIEFING.COM]: ‘…Amazon gained 6.9% after
reporting its earnings. The online retailer lost $0.23 per share. However, the
number may not be comparable to the Capital IQ consensus estimate which
forecast a loss of $0.10. The company's revenue of $13.81 billion was largely
in-line with expectations, but management issued downside fourth quarter
guidance…’ { Tell me … What’s
wrong with this (foregoing) picture (of wall street insanity)? } , Guest
Post: A Golden Opportunity { Wow!
The truth really hurts! Difficult to imagine, however, given the ‘obsessive
compulsive’ mindset of players including ‘non-muppet
puppeteers’ among others‘ heavily invested in this fiasco which is an
overriding dynamic, at least thus far in this comedy of errors gone global. }
The euro debt crisis in Europe has
presented Germany with a unique opportunity to lead the world away from
monetary destruction and its consequences of economic chaos, social
unrest, and unfathomable human suffering. The cause of the euro debt crisis is
the misconstruction of the euro that allows all members of the European
Monetary Union (EMU), currently 17 sovereign nations, to print euros and force
them on all other members. Germany is
on the verge of seeing its capital base plundered from the
inevitable dynamics of this tragedy of the commons. It should leave the
EMU, reinstate the deutsche mark (DM), and anchor it to gold. ,
The
Complete 'Advanced' Economy Sovereign Ratings Cheat-Sheet S&P recently acted to markedly downgrade
Spain, and Moody’s has ended its recent ratings review, leaving Spain
at Baa3; and while ratings could remain largely stable in the short-term
(supported by OMT's promise and the possible delay of GRExit), there are a few exceptions such as France and and the UK that Citi's Rates group
expect to see downgrades on in the short-term. The
following table provides the full breakdown of Moody's and S&P's ratings
for the advanced economies along with Citi's model views - which imply weak outlooks for most of Europe in the medium-term as Greek
reality hits home. , Guest
Post: Putin Is the New Global Shah of Oil
Exxon Mobil is no longer the world's
number-one oil producer. As of yesterday, that title belongs to Putin Oil
Corp – oh,
whoops. We mean the title belongs to Rosneft, Russia's state-controlled oil
company. With TNK-BP in its hands, Rosneft will be in charge of more than
4 million barrels of oil production a day. And who is in charge of Rosneft? None other than Vladimir Putin,
Russia's resource-full president. Gazprom in control of Europe's gas, Rosneft in control of its oil. A red hand
stretching out from Russia to strangle the supremacy of the West and pave the
way for a new world order– one with Russia at the helm. It is not as
far-fetched as it might seem – or as you might want it to be. Or imagine this: Russia
could join OPEC. , Why
The Real Earnings Picture Is Bad And Getting Worse Listening to the incessant chatter of
confirmation bias from CNBC, you could be forgiven for thinking that earnings
are 'not that bad'. Headline-makers like AMZN, GOOG, and AAPL scare for a few
moments but we are reassured back to numb BTFD-land by some disingenuous
analyst (or worse a PM) who says he is buying with both hands and feet. The misleadingly top-down positive impression of looking at a
'beats-to-total ratio', suffers from one rather annoying bias (that often
gets forgotten): analysts constantly revising their expectations
throughout the reporting period, and hence rarely deviates from the current
level of 71%. But, as Citi notes, if one examines results relative to analyst expectations prior to the
reporting season, it's clear just how disappointing Q3 has been -
especially given the sell-side mark-downs already factored-in.Intriguingly,
for as downbeat as third quarter results have been, we've yet to see the
sell-side revise down estimates for next quarter or 2013.
Submitted
by Tyler Durden on 10/26/2012
Several months ago, we reported about a
troubling
development in Vietnam, happy inflationary host of one of the world's most
rapidly devaluing and best named currencies, that in direct refutation of Ben
"Gold is not money, it is tradition" Bernanke's claim that gold is
just a trinket one can fondle with no inherent value, the local banks had gone
as far as paying the local residents a dividend to "store" their gold
(recall all those charges against gold that it never, ever pays a
dividend....). However, as we subsequently warned, any time a bank, and
especially an entire banking sector, is willing to pay you paper
"dividends" for your gold, run, because all this kind of (s)quid pro
quo usually ends up as a confiscation ploy. Sure enough, as Dow Jones reports
today, the gold, which did not belong to the banks and was merely being
warehoused there (or so the fine print said), was promptly sold by these same institutions to generate cash proceeds
and to boost liquidity reserves using other people's gold, obtained under false
pretenses.
Submitted by Tyler
Durden on 10/26/2012
There is down-sizing; there is
trimming-the-fat; and then there is UBS. The once-giant Swiss Bank just
announced it will cut up to 10,000 jobs. This comes on top of the 3,500 from
last year - which makes a rather dramatic weight-loss strategy for the 63,500
employee firm. As the FT
reports, they will not happen all at once (so just after the election
then?) but will lead to the closure of a sizable part of UBS' fixed-income
trading operations (and other capital intensive areas of the investment bank).
Perhaps in the understatement of the day: "There were several options on the table but UBS has decided on
the most radical one," a person familiar commented as the plan
is hoped to reduce complexity and costs - so no more Bloomberg Terminals? One
thing surely gone is a source of fixed income axes: "The new strategy,
hammered out in several executive board meetings in New York this week and set
to be announced next Tuesday, will lead to
the closure of a sizeable part of UBS’s
fixed-income trading operations and other capital-intensive areas of the
investment bank." The winner: Goldman of course, which in a
world of collapsing trading revenues has taken to Lehmaning its competition
once again, only this time not using brute force but the far more classical war
of attrition in a collapsing economy.
Submitted by Tyler
Durden on 10/26/2012
The government may have been
instrumental to the US economy growing in the third quarter (did we say may:
generating over 30% of the annualized 2.0% "growth" in Q3 probably
qualifies as was absolutely instrumental in this impartial, apolitical datapoint),
but the bottom line is that there was a cost. There is always cost. And a
number: the number is $15.776 trillion, which was
the absolute GDP number as of September 30, 2012 (to be revised lower in one
month). This means we can now calculate what total US Debt-GDP was as of 3
weeks ago. And with the DTS
reporting that debt was $16.16 trillion as of the day the third quarter ended (net of the
SSN funding adjustment, which of course is always reported the first day of the
next quarter for window dressing purposes), it means that total US Debt-to-GDP was 102.4%. And
obviously rising much faster as since the Second Great Depression it takes well
over $2 in debt for every $1 increase in GDP. Because there never is such a
thing as a free lunch, especially when the government is operating the soup
kitchens...
Submitted
by Tyler Durden on 10/26/2012
The
preliminary look at Q3 GDP just came out and "beat" expectations of a
1.8% print, with a 2.0% reading (or just in line with stall speed, a number
which previously has been indicative of recessions). So far so good, but as
with every other pre-election economic data point out of the government, one
has to look behind the headline to get the true picture. And the details are,
as expected, ugly. Because of the 2.02% annualized increase in GDP, over one third,
or 0.71% (compared to a
deduction of -0.14% in Q2), was contributed by "Government
Consumption." This was the
biggest rise in government spending in 3 years, and only the first contribution
by Uncle Sam to its own GDP print since Q2 2010. So in much the same way as the September jobs print
soared courtesy of government employee hiring, this same government is now
juicing its own numbers to make itself look better. The real question is what
the second and third Q3 GDP revisions will show, which both come, luckily,
after the election. Recall that Q2 GDP initially came out at 1.5%, then was
revised to 1.7%, until finally coming to rest at 1.25%.
Marketwatch: UBS to cut up to 10,000 jobs: report
Radio Update: Dow down 2% on week
U.S. stocks finish with weekly losses
Will
The Bottom Fall Out? 15 Signs That Layoffs And Job Losses Are Skyrocketing
The Economic Collapse | If you still have
a good job, you might want to hold on to it very tightly.
Q3
GDP Estimate Beats Expectations As Government “Consumption” Soars
Zero Hedge | This was the biggest rise in
government spending in 3 years.
8,803,335:
Another New Record for Disability—Up 975 Per Day Under Obama
CNS News | The number of American workers
collecting federal disability insurance benefits hit yet another record high in
October, according to the Social Security Administration.
David
Einhorn Explains How Ben Bernanke Is Destroying America
Zero Hedge | David Einhorn knocks it out
of the park with his very first statement during today’s Buttonwood Gathering.
The Germans Are
Coming for Their Gold
CNBC.com | A German federal court has
said that country’s central bank should conduct annual audits and
physically inspect its gold reserves worldwide, including gold in the custody
of the Federal Reserve Bank of New York.
10-25-12
Dave’s Daily: http://www.etfdigest.com ‘MARKETS QUIET BEFORE APPLE EARNINGS 10-25-12 Overseas news featured a report from the China Conference
Board which saw growth in the country at only .3% vs 1.7% previously. The Bank
of Japan indicated it would join the QE party and begin stimulus operations.
The UK reported GDP data at 1% meaning the recession is over or there would be
a triple dip. In the U.S. Jobless Claims were about as expected (369K vs 372K
expected & prior revised higher to 392K). Upward revisions to all data seem
commonplace now but certainly make for better “beats”. Durable
Goods Orders headline number rose (9.9% vs 7% expected & prior -13.1%) and
ex-Transportation (2% vs 1% expected & prior revised lower to -2.1%).
However the important data within this report was business investment remained “flat” meaning GDP data may be
downgraded again. Corporations are holding back due to uncertainty regarding
the election, fiscal cliff, tax policy and healthcare expenses. Pending Home
Sales (.3% vs 2.5% expected) were poorly received.The spin on earnings thus far
has been about beating lowered estimates overall. However guidance and revenues
are in decline. It’s said
earnings overall for the S&P 500 will be down 1.8% while ex-Apple down 3.1%
such is the weighting of “the one”. Apple (AAPL) and Amazon
(AMZN) among others report earnings after the close as the flood of earnings
continues. Apple shares have dropped nearly 14% from their highs amid
production woes, factory scandals in China and disappointment over the iPad Mini.
Thursday before the earnings release Apple stated they would be launching a
radio service. This crushed Pandora’s (P) stock price on the news. Apple earnings were expected around $8.85 with “whisper numbers” as high as $9.85 and came
in at only $8.67. All acolytes unite!! Amazon on the other hand is hell-bent on
capturing market share for just about everything at the expense of profits. How
long that can last is anyone’s guess.
Amazon reported a miss of $13.81 billion in revenues vs $13.92 billion expected
and an earnings loss (after adjustments) of 23 cents vs loss of 7 cents
expected. The company also guided revenues lower—shares slid. Also, previous high flyer Coinstar (CSTR)
reported earnings (dba, Red Box) shares slid after its report disappointed.
Stocks began the day sharply higher on employment and global data but then
faded as investors looked further under the hood and also ahead to obvious
unknowns. Most sectors closed the day relatively unchanged.The dollar (UUP) was
slightly higher while gold (GLD) managed to climb some from its recent lows.
Commodities (DBC) and oil (USO) were little changed overall. Bonds (TLT)
continued to be weak no doubt still disappointed that the Fed didn’t super-size QE3. Volume was light once again as markets were tense before
earnings from Apple while breadth per the WSJ was mildly positive…’, Will
The Bottom Fall Out? 15 Signs That Layoffs And Job Losses Are Skyrocketing http://albertpeia.com/layoffsjoblossesskyrocketing.htm , Spain is 100% Totally Beyond Saving http://albertpeia.com/spainbeyondsaving.htm , What
America's CEOs Really Think In One Chart
ZeroHedge.com ‘…a huge rise
in North American job cuts. It would appear, given the data below, that CEOs
are wise in the ways of just-in-time only fix it when its totally broken
policy-making and have front-run every major event with huge layoffs.
To wit, since the start of September, announced layoffs in North American firms have soared to levels not
seen since the debt-ceiling-debacle of last year (all the
while - claims and the unemployment rate continue to fall)...’ , Apple
Cash Balance Rises At Slowest Pace In 30 Months , Hugh
Hendry: "I Have No Idea Where The Stock Market Is Going To Be"... But
"I Am Long Gold And Short The S&P"
David
Einhorn Explains How Ben Bernanke Is Destroying America ZH
"We have just spent 15 years learning
that a policy of creating asset bubbles is a bad idea, so it is hard to imagine
why the Fed wants to create another one. But perhaps the more basic question
is: How fruitful is the wealth effect? Is the
additional spending that these volatile paper profits are intended to induce
overwhelmed by the lost consumption of the many savers who are deprived of
steady, recurring interest income? We have asked several well-known economists
who publicly support the Fed’s policy and found that they don’t have good
answers. If Chairman Bernanke is setting distant and hard-to-achieve benchmarks
for when he would reverse course, it is possibly because he understands that it
may never come to that. Sooner or
later, we will enter another recession. It could come from normal cyclicality,
or it could come from an exogenous shock. Either way, when it comes, it is very
likely we will enter it prior to the Fed having ‘normalized’ monetary policy, and we’ll have a
large fiscal deficit to boot. What tools
will the Fed and the Congress have at that point? If the
Fed is willing to deploy this new set of desperate measures in these
frustrating, but non-desperate times, what will it do then? We don’t know, but a large allocation to gold still seems like a very good
idea."
Overnight
Market: Futures Breaking Below Draghi-Believe Lows ZH S&P futures are being crushed overnight. Currently
trading below the levels of September 5th Draghi comments (back under 1400) and
-11pts from the close. AUD is weak, Treasuries are modestly bid (as is the USD)
and commodities are rolling over. The
catalyst? We see four things: 1) Delayed reaction to global supply
chain implications of an AAPL outlook cut (and/or overseas holders hedging) as
well as some missed earnings in China; 2) Major
Aussie quasi-bank Banksia (yes, its really called that!) hitting the skids
(a la Northern Rock) bringing fear that Australia is entering 2008-mode USA; 3)
a
NYT article which could be inferred as a direct attack on the Chinese
political faction (exposing Wen Jiabao's hidden billions); and/or 4) a
realization that at 14-plus x P/E multiples, the US equity markets are not
pricing in anything the kind of possible pain a fiscal cliff scenario (or
Romney-ite in the Fed) might bring. Of course, the need for a narrative is
irrelevant, the most net long position since 2008 is unwinding (for now) but by
the time we wake for New York's morning, things could have reversed once again.
Guest
Post: The Dark Age Of Money ZH If you
often wonder why ‘free market capitalism’ feels like it is failing despite
universal assurances from economists and political pundits that it is working
as intended, your intuition is correct. Free market capitalism has become a
thing of the past. In truth free market capitalism has been replaced by
something that is truly anti-free market and anti-capitalistic. The diversion
operates in plain sight. Beginning sometime around 1970 the U.S. and most of
the ‘free world’ have
diverged from traditional “free market capitalism” to something different. Today the U.S. and much of the world’s
economies are operating under what I call Monetary Fascism: a system
where financial interests control the State for the advancement of the
financial class. This is markedly different from traditional Fascism: a system
where State and industry work together for the advancement of the State.
Monetary Fascism was created and propagated through the Chicago School of
Economics. Milton Friedman’s
collective works constitute the foundation of Monetary Fascism. Today the
financial and banking class enforces this ideology through the media and
government with the same ruthlessness of the Church during the Dark Ages: to question is to be a heretic. When asked
in an interview what humanities’ future looked like, Eric Blair, better known as
George Orwell, said “Imagine a boot smashing a human face forever.”
Submitted
by Tyler Durden on 10/25/2012
And so the behemoth
misses... again:
But the
uglyness is in the forecast. And this time it is not a low-ball:
Stock
halted so keep an eye on the QQQ as a proxy - QQQs imply AAPL $590 here (200DMA is $587)... AAPL will resume trading
at 4:50ET
Submitted by Tyler Durden on 10/25/2012
After
defying gravity for months on end, on what we quarter
after quarter warned were ever declining margins and revenue growth, the
Amazon bubble (just about 300x P/E at last check) has finally popped, and
investors no longer believe that the company can offset collapsing profit
margins with increasing volume. And yes, the Kindle is proving to be nothing
more than yet another fad rather than the latest and greatest razor-razorblade
ecosystem paradigm.
10-24-12 Dave’s Daily: http://www.etfdigest.com ‘MARKETS UNIMPRESSED BY FED ACTION 10-24-12 The Fed announced basically no changes in policies
Wednesday. Parse the statement 20 different ways from Sunday and all you find
is weak fixed business investment, global risks and more stable home prices. So
previous ideas the Fed would double asset purchases was not in the cards for
this meeting. Tuesday the rumor swirled that Ben would not be accepting a third
term as Fed chief if offered (Romney has said no to an offer anyway). This gave
markets the blue since Ben has been providing the sugar bulls were addicted to.
Ben no doubt wants to write a book, sit on boards and make lucrative speeches.
Besides he may miss those Bee Gee days ya think?New Home Sales in the U.S. rose
5.7% the highest rate in two years screamed the headlines in the financial
media. But as always, inside the numbers things weren’t quite so rosy as again
prior data was revised lower (368K vs 373K) thus allowing for the “beat”. The Flash PMI rose to
51.3 vs expected 51.5 but prior data was revised lower from 51.5 to 51.1
allowing a beat. (Oh, those pesky revisions!)Chinese manufacturing rose from
47.9 to 49.1 which cheered investors hoping for a “soft landing” in the region. But, at the
same time eurozone manufacturing fell as did German confidence data. Europe’s SAP reported better
earnings allowing for a rebound in indexes. Boeing (BA) reported weaker
earnings but beat estimates while Eli Lilly (LLY) missed and Dow Chemical (DOW)
announced large lay-offs. Facebook (FB) shares soared 22% at the open on a
slightly better report regarding mobile ads. However, the outsized boost came
as a result of a massive short squeeze abetted by some analyst buy ratings.
Cynically, let’s remember
restricted shares are due for release in two months so getting the stock higher
helps those in need.There have been rumors from the eurozone that a deal with
Greece had been reached. (This was all later denied by Draghi and further
amended by the troika that no monies would be dispersed until conditions are
met.) In it is an austerity commitment of $13.5 billion over two years, an
increase in the retirement age to 67 from 65 and a placement of 25K government
workers on “reserve” (read layoffs &
welfare). If this were true we’d see tear
gas and firebombs in the streets of Athens by now. The show in the eurozone may
go on for years. The ECB’s Draghi
spoke to the German parliament Wednesday and everyone came away talking about
how comforting the presentation was. Spiegel featured Germany’s Finance Minister Schauble
with a grimmer outlook. It’s the central
banks and QE vs economic data and earnings. Below are charts of economic data
from China, Europe and the U.S., which tell the story (courtesy of ZH and
Credit Suisse).
http://albertpeia.com/davesdailycharts.htm
Submitted by Tyler
Durden on 10/24/2012
This will learn him:
Moral of the story: steal $100 million (illustratively:
nobody knows what the bottom line impact of the criminal activity was: could be
more, could be less) -> spend two years in a minimum security country club,
electric golf carts included. Look for a surge in insider trading cases with
this ruling which makes risks to getting caught trading on inside information
not only acceptable, but in fact welcome. The good news, for Jon Corzine at
least, is that if the MF Global case ever gets to the sentencing stage (it
won't), his sentence would be to fly coach class for 24-48 hours.
Submitted by Tyler
Durden on 10/24/2012
Legendary oilman T. Boone Pickens famously calls America’s oil imports ‘the greatest
transfer of wealth in the history of the world.’ Pickens is referring to the money that is paid each
year to oil exporting nations, particularly those in the Persian Gulf which
raked in around $100 billion last year. No doubt, this is an enormous transfer
of wealth. But it’s a drop in the bucket compared to the
TRILLIONS that Ben Bernanke gives the world’s elite. It constitutes, by far, the greatest transfer of
wealth in history, vastly exceeding America’s energy imports. It’s an unconscionable,
immoral, ridiculous game. But there’s good news– we can stop playing whenever we want. We don’t HAVE to hold their
worthless currency. We don’t HAVE to keep transferring our purchasing power to
an elite group. We can “opt-out”. Trade as much of their paper as you can
for something REAL,
especially physical precious metals.
Debates 'diminished' Obama, says Romney "You can boil
down what he's saying to four simple words: more of the same," Romney said
today in Reno. { I’m truly astounded that after 4 years of b***s***, lies, profligate
spending for obfuscation but much vacation, and consequent unequivocal failure,
people are even listening to, much less ‘buying’ what wobama desperately says.
Not even a word from 0 is worth listening to. That includes those who should
supposedly know better. Moreover, self-respect requires that americans reject
wobama’s desperate campaign slings, arrows, and desperate entreaties which
ignore the reality of his blatant failure in large part owing to his having
failed to do as promised last ‘eternal campaign’. Then there’s the threats and
intimidation from the niggers who are like ignorant, vicious animals in lockstep accord with the abject
and utter presidential failure obama; yet, such typical ‘clannish’ racism by
blacks is virtually ignored and rational opposition to the failure spelled ‘0’
is being cast as racist. How can any nation survive such contraindicated
insanity. I’m truly amazed! }
Why
Greg Smith Left Goldman: Wall St. Now an 'Eat-What-You-Kill System'
Dutch court says Samsung does not infringe Apple patent [
Though contrary, american courts almost without exception and the federal
system generally, are so corrupt and lacking in credibility that they really
deserve no precedential, jurisprudential respect…and get none. From my direct
experience: One thing is
certain from my own direct experience { The unfortunate reality is what I’ve alluded to in
the context of my own direct experience; viz., america’s ‘legal system’ is an
illegal system used to cover-up crimes, arbitrarily enforce laws to apply
pressure, etc., and essentially run by the inmates of this collective criminal
entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite
enormous amounts of taxpayer money poured into the ‘federal system’, there’s
relatively/proportionately very little real significant results (an example
would be the brutalizing of Martha Stewart over a $45 thousand transaction
while wall street frauds in the trillions by the biggest players have gone
unprosecuted). ( I believe reasonable diligence requires self-reliance more
than ever before in this nation’s history; particularly when political
correctness in some states prevents calling a spade a spade to the substantial
detriment of law enforcement! http://albertpeia.com/selfdefense.htm ) ]
10-23-12
Dave’s Daily: http://www.etfdigest.com ‘THUMBS DOWN ON EARNINGS
10-23-12 Suddenly
things don’t look good for bulls. Most
of it is based on poor earnings and outlooks from leading companies. It’s strange since earnings season was expected to be
poor. Therefore there must be more to it than that and there is. The idea
circulated Tuesday that Bernanke would not want a second term which might
deprive bulls of the best supporter. A Romney win, now seen as more possible,
would cement this based on his statements to build his own team and disapproval
of current Fed policies. Suddenly with the election close “fiscal cliff”
worries are back front and center once again. Also eurozone issues were with us
(again…sigh) as Spain provincial
debt was slashed by Moody’s
and the high court in the EU is examining bailout limitations. Back to earnings
news and the difficulties began with DuPont (DD) where earnings declined 98%
and guidance was reduced. This negatively affected materials (XLB). Next was
United Parcel Service (UPS) which noted declines in shipping overseas
(eurozone). Things went south from there for equities.Economic data featured
poor data from the Richmond Fed (-7 vs +5 expected & prior +4).Monday
markets rallied late as a story suggested the Fed might double the size of QE3
which again is the candy bulls feast on. Wednesday the Fed will announce their
policy and any changes.Serial new product rollout show from Apple (AAPL) left
investors unimpressed as the stock fell. Like the Fed perhaps you can go to the
well one too many times.Stocks fell sharply across the board without the
obligatory “stick save” seen yesterday afternoon. Support levels were taken
out throughout major sectors and there was little refuge away from cash or
bonds. The dollar (UUP) was higher and commodities (DBC), (USO) & (GLD)
were crushed. Bonds rallied on a flight to safety. Volume increased once
again on selling and breadth per the WSJ was quite negative…’ , Pimco COO blasts financial culture Marketwatch , This
Could Be the World’s
Largest, Most Toxic Banking System… http://albertpeia.com/largestmosttoxicbanksystem.htm , What
If We Adopted A System Where The Banks Did Not Create Our Money? http://albertpeia.com/systemwherebanksdontcreatemoney.htm , Romney’s Detroit
op-ed jumps to NYT’ ‘Most Read’ list
, New Obama ad inflates jobs claim It claims the president
created 5.2 million new jobs. The total number of jobs added is actually about
325,000. { Wobama is such a b***s***! O is a big ZERO as in 4 failed years
minus 4 more years of failure equals 0 years to go come 11-6-12 and 1-21-13! O’s such a lying
con/grifter! } , Lance
Armstrong and America’s growing
culture of psychopathic liars
Natural News | Lance Armstrong’s implosion is being called an “epic downfall” by CNN. , Eyes
Wide Shut - "We Are In A Bad Spot" ZeroHedge.com We cannot escape the conclusion that things remain
hopelessly off track.
Whatever form of 'recovery' is being sought here simply will not arrive. The
core of our views is shaped by the idea that the very thing being sought, more
economic growth (and exponential growth, at that), is exactly the root of the
problem. We suppose we would take a similarly dim view of an alcoholic
trying to drink their way back to health as we do the increasingly
interventionist central bank and associated political policies the world over. We are losing
hope that we will navigate towards anything other than a hard landing at some
point because even with copious amounts of data accumulating suggesting that the old ways are not working, we cannot detect even the slightest hint of
original thinking or new thoughts coming out of the marbled halls of power. Business-as-usual
and more-of-the-same seem to be the only operative ideas right now.
But what is a bit startling to me is the number of individuals that have not
yet caught onto the idea that things have permanently and
irrevocably changed. , Greece
Kills Bond Buyback Proposal One of
the zanier proposals floated in the past few weeks, yet sufficient to send
Greek bonds soaring to post-restructuring highs on hopes of a take out, was the
suggestion that Greece would repurchase its fresh-start bonds in the open
market, which recently traded in the teens, and have since virtually doubled,
at a price ~25 cents of par. Obviously since the price of the bonds had been
much lower, even the mere possibility of what is termed in the industry as a
distressed buyback, sent everyone scurrying to purchase the paper, as if it had
any intrinsic economic value (it did not), instead of mere hopes that Greece
would throw even more good money after bad (especially since the fresh start
bonds have a meaningless cash coupon and nobody expects them to be repaid at
maturity). There is also the detail that a distressed buyback is, for the
rating agencies, equivalent to an Event of Default, but knowledge of that small
fact would be demanding too much out of those who scrambled in the latest chase
for yield. Anyway, with all that said, it now appears that the whole idea is
over, with Greek Kathimerini reporting moments ago that Greece has scuttled the
proposal for a bond buyback. , Size
Doesn't Matter As AAPL's New 8-Incher Underwhelms And Bipolar Market Resumes , Corzine
Tells Judge That Due To Purchase Of 50,000 MF Global Shares Before Bankruptcy,
He Must Acquit That former Goldman,
New Jersey and MF Global head Jon Corzine is absolutely convinced he is
innocent of any client money vaporization or wrongdoing, and that the
definition of the phrase "to Corzine
(verb- to trust your money to a prominent individual and to find
it has mysteriously disappeared)" is absolutely arbitrary, is not news
to anyone. And if not convinced then at least at a complete loss to what
actually happened. One just had to recall all the "I don't recalls" the
Honorable
Corzine told congress during the makeshift kangaroo court hearing on MF
Global's collapse (even if the final outcome was
less than desired). So it's only logical that the Honorable
Corzine asked a federal judge to "toss a civil fraud lawsuit accusing him
of misleading investors about the risky bets the futures firm was taking before
its collapse a year ago." The WSJ reports that "Corzine's lawyers
blasted the investors' suit as a "jumble of
assertions and accusations" that makes "no sense" that should be dismissed in a filing
Friday in U.S. District Court in New York." … , Nigel
Farage On The Total Subjugation Of Europe
, Apple
Introduces A Slightly Bigger Samsung S III (And Faster,
"Excel-Optimized" New New iPad 4) UPDATE: AAPL Stock -2.5% - below Friday's Closing VWAP
Below is a picture of the product that Steve Jobs never wanted launched, and
which Apple has been forced to release due to competitors which are suddenly
beating it in its own game… , Record
Direct Bidder Scramble For Safety Of Today's 2 Year Bond Auction , European
Stocks And Bonds Plunge Most In A Month
, The
Gray Economy: Europe's €1.5
Trillion A Year Black Hole ,
Kaminsky
On The Election: "The Easy Money Days Are Gone" While many are blaming today's weakness on
DuPont and a final awakening that earnings might not hockey-stick as consensus
believes, CNBC's Gary Kaminsky has an interesting angle that is gaining ground
among desks. We can argue all day long that central bank actions have driven a
'wedge' between fundamentals and market prices (as we
did here) and as Gary himself notes "printing
money around the world does not help corporate profits" but Kaminsky's view of today's weakness is more
nuanced to the outcomes of the election. Critically, he makes the case that the
market is starting to realize that whoever wins in two weeks, there is a more
negative bias post-election. From Obama's higher taxes and more-of-the-same
sluggish economy to Romney's potential China-Trade-war, an implied
strong-USD-policy, and potentially the end of the 'Bernanke-Put'; Kaminsky
says "the easy money days are gone" and warns of a 1000 point
correction being possible. , Guest
Post: Debt - Driving The Economy Since 1980 Debt.
There isn't a day that passes as of late that the issue of debt doesn't
arise. Federal debt and consumer debt (including mortgages) are of the
most concern due to its impact on the domestic economy. Debt is, by its
very nature, a cancer on economic growth. As debt levels rise it consumes more capital
by diverting it from productive investments into debt service. As debt
levels spread through the system it consumes greater amounts of capital until
it eventually kills the host. The problem is that during a “balance sheet” recession the
consumer is forced to pay off debt which detracts from their ability to
consume. This is the one facet that Keynesian economics doesn’t factor in. It’s time for our leaders to
wake up and smell the burning of the dollar – we are at war
with ourselves and the games
being played out by Washington to maintain the status quo is slowing creating
the next crisis that won’t be fixed with monetary bailout.
Submitted by Tyler
Durden on 10/23/2012
Easy come, easier go. After yesterday's last hour
ramp driven by a MarketWatch article that said
absolutely nothing new about the Fed's monetization plans and an AAPL surge
which saw the firm add $22 billion in market cap in one day (or more than the
market cap of CBS Corp) sent stocks green, the overnight session has taken it
all away and then some, with futures now trading roughly 12 ticks lower or at
yesterday's lowest levels. The catalyst is, once again, Spain where Moody's
downgraded five Spanish regions including Catalonia after the market close
(for the reason, see our piece from the weekend "Spanish
Regional Bailout Fund Runs Out Of Money"), coupled with news
from Confidencial that Spain's budget deficit will overshoot
the EU target of 6.3% and hit at least 7.3%, driven by a €10.5 billion
deficit in the social security system, trashing the promises from last month's
Spain's "reform" package, and as BNP said (confirming what we warned weeks ago), making the
conditionality hurdle suddenly that much higher for Spain. And just as the world
was getting comfortable that Spain will get away with using the OMP with
virtually no conditions. The cherry on top came from France where the business
conditions index slid to a 3 year low on expectations a trough had been put
in place. The result is a tumble in the EURUSD to below the 1.3000 barrier,
dragging stock futures, commodities, and of course Europe with it, sending the
Spanish bond curve yield higher, and generally giving a very sour mood to the
day as traders walk in.
http://endoftheamericandream.com
http://albertpeia.com/selfdefense.htm
[
One thing is certain from my own direct experience { The unfortunate reality is what
I’ve alluded to in the context of my own direct experience; viz., america’s
‘legal system’ is an illegal system used to cover-up crimes, arbitrarily
enforce laws to apply pressure, etc., and essentially run by the inmates of
this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite
enormous amounts of taxpayer money poured into the ‘federal system’, there’s
relatively/proportionately very little real significant results (an example
would be the brutalizing of Martha Stewart over a $45 thousand transaction
while wall street frauds in the trillions by the biggest players have gone
unprosecuted). I believe reasonable diligence requires self-reliance more than
ever before in this nation’s history; particularly when political correctness
in some states prevents calling a spade a spade to the substantial detriment of
law enforcement! ]
Obama’s attacks on Romney belittle presidency Marketwatch {
Indeed! Come on! What can wobama say? He has but a record of abject failure to
run on! And, the record IS unequivocally
utter failure! All the choom fantasy, fellow nigger intimidation and
threats will not change that fact!
Drudgereport 10-23-12: Obama
Supporters (niggers et als) Continue Threats To Riot, Assassinate Romney... }
Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{
The question is do americans have the courage to stand up to the uncivilized
terrorist niggers by giving the deserved boot to an egregiously failed
president obama who has proven himself to be a typical jive-talking b***s***
nigger himself! Or, are americans going to cower in fear of the nigger threats
and prove to the world they are but cowards of a failed nation. }
New Threats to Riot if Obama
Loses Election... [ The
threats alone are a reason sufficient for backing President Romney. If left
unchecked, the nigger terrorists will be even further emboldened to their
already egregious criminal, terroristic ways. No man, woman, or child will be
safe if the lethal black cancer grows. The 4 years of O have been complete,
utter failure and no amount of wobama b***s*** and nigger intimidation can
change that fact! Quite simply, niggers are inherently criminal terrorists: Examples of what people are saying include the
following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY
! ….
Mannnn OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected? #Riot in the
streets!!”
(SOURCE)
“If Romney becomes president let’s all start a riot.” (SOURCE)
“If romney wins, imma start a mf’n riot! Rns.” (SOURCE) ]
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes,
says the optimist who sees the opportunity in every calamity and not vice
versa. Indeed, President Romney’s election based upon american people’s survival instincts and
an awakening from the wobama b***s*** slumber of decline will provide the opportunity
to incarcerate the niggers who will use such as an excuse to do what they’re inclined/predisposed
to do anyway, and in one lawless form or another, are already doing. Prison or
sub-saharan Africa are the only places suitable for niggers. Let no man, woman,
or child fall prey to their intimidation and uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah! These are typical, mooching, failing (but
fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport: UPDATE:
Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to love Romney but
you at least have to like yourself in saying ‘NO!’ to more wobama b***s***
which is all that he is. Have some self-respect. His grade is unequivocally ‘F’
for failure, having failed to do as promised which coincidentally is a direct
cause among others of this debacle called america’s dark obama years. All the
talk/b***s*** cannot change that reality.
}http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang
Bangin’ { This brief video (11 mb) is well done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
10-22-12 Q3
Earnings Season To Date Summary: Ugly... And Getting Worse Roughly one third of the S&P has
reported earnings so far, with another third reporting in the next five days
and almighty AAPL on deck Thursday evening, and if there is one word to
describe what has happened so far, that word would be "ugly." The same word would be used to describe how
Q4 is shaping up to be. And that word will be very a optimistic prediction of
what 2013 will bring unless a major catalyst develops that pushes Congress to
resolve the fiscal cliff situation. So far that catalyst is missing. But going
back to Q3 earnings, here is how Goldman's David Kostin summarizes events to
date: "3Q reporting season is roughly one third finished. Two early
conclusions: (1) Information Technology results have
been startlingly weak with high-profile revenue disappointments by the four
horsemen: MSFT, GOOG, IBM, and ORCL. (2) EPS guidance for 4Q has been overwhelmingly negative across all S&P
500 sectors with 18 of 20 firms lowering 4Q earnings guidance by a median of
5%. Analysts have lowered 4Q EPS estimates for stocks
already reported by 0.4%. We expect
further EPS cuts of 6% loom ahead. Firms reporting next week: AAPL,
T, PG, MRK, CMCSA, AMZN, COP, AMGN, OXY, MO, UTX, MMM, CAT, DD, and FCX." Sorry
Bob Pisani, better luck spinning earnings favorably next QE. , One World
Economic System Kills American Jobs
http://albertpeia.com/oneworldeconsystemkillsamericanjobs.htm , Three Things Investors Don’t Know About Europe How To Buy Bullion (What
to Ask and What to Own) The Recipe For Hyperinflation http://albertpeia.com/europebullionhyperinflation.htm ,
Monster
(Pre-Debate) Ramp Sends Stocks Vertical In last Hour ZeroHedge.com What can we say? All makes
perfect sense: earnings dismal (worse than expected) means BTFD and if there is
one lever to do that effectively given the massive over-exposure in every
levered fund in the world, its AAPL. A 4%
rally in AAPL - which perfectly topped out at Thursday's closing VWAP - was
enough to drag stocks comfortably green by the close with a near-vertical ramp
in S&P futures just to help things along. Seems like the standard
pre-debate rally that we warned about last week - so let's not get too
carried away by today's 'all-is-well' rally. Broadly speaking, risk-assets did not dip as hard as stocks and the ramp into the close
(which as is typical) pulled stocks back up to 'fair' - but with the inevitable
overshoot. While we leave up to our readers to divine the
implications of such outlier moves on debate days, our only suggestion for
those who have missed their opportunity to buy the central bank policy vehicle,
formerly known as the S&P 500, with both hands and feet, is to wait until
the next presidential debate and go all in. After all, "it's only fair" that the market will soar hours
ahead of the two teleprompter-less candidates debating highly irrelevant
stuff. , Stock
Market Fragility Fast Approaching "Flash Crash" Levels , Guest
Post: Dysfunctional, Dishonest, Insane, And Intolerable Government programs created in the 1960s
created a culture of dependency, government control, relentlessly higher debt,
materialism, and willful ignorance. The
incompetence, arrogance, ineptitude and insanity of government officials at the
Federal, State, and Local level are stunning to behold…’ , No,
Soaring Deficits Do Not Mean Record Corporate Profits: In Fact Just The
Opposite , Guest
Post: The Three-And-A-Half Class Society
The U.S. has a three-and-a-half
class society. According to demographer Joel Kotkin, California has
become a two-and-a-half-class society, with a thin slice of "entrenched
incumbents" on top (the "half class"), a dwindling middle class
of public employees and private-sector professionals/technocrats, and an
expanding permanent welfare class: about 40% of Californians don't pay any
income tax and a quarter are on the Federal Medicaid program. I would break it
down somewhat differently, into a three-and-a-half class society: the
"entrenched incumbents" on top (the "half class"), the
high-earners who pay most of the taxes (the first class), the working poor who
pay Social Security payroll taxes and sales taxes (the second class), and State
dependents who pay nothing (the third class). This class structure has
political ramifications. In effect, those paying most of the tax are in a
pressure cooker: the lid is sealed by the "entrenched incumbents" on
top, and the fire beneath is the Central State's insatiable need for more tax
revenues to support the entrenched incumbents and its growing army of
dependents. Let's start our analysis of the
three-and-a-half-class society by noting that the top 25% pay most of the
Federal income tax, and within that "middle class" the top 10%
pay the lion's share of all taxes.
, Another
Red (Profit-Taking) Day For Europe
, German
Court Demands Bundesbank Audit Sovereign Gold Holdings The German court of
auditors (Bundesrechnungshof) has demanded that the Bundesbank undertake an audit
of its gold reserves. In an 'audit-the-fed'
style effort, the court wants to ensure that the nearly 3400 tons of gold is in
fact in existence - 'because stocks have never been checked for
authenticity and weight'. Furthermore, the Bundesbank's gold is stored in three
other vaults around the world: The Bank of England, The Bank of France, and the
US Federal Reserve. The court
questions the practice of relying on a written confirmation from the custodians
(foreign central banks). The decision means negotiating with the three
foreign central banks for physical verification but in anticipation, the Bundesbank
has begun the process of shipping 50 tons per year from the Fed back to Germany
for the next three years. , Bill
Gross Explains The Fed's Bubble "Merry-Go-Round" In One Tweet , Why
the EU Crisis Will Be Bigger and Worse Than 2008 Posted by: Phoenix Capital... Post date: 10/22/2012 - We’re talking about a banking system that is nearly four
times that of the US ($46 trillion vs. $12 trillion) with at least twice the
amount of leverage (26 to 1 for the EU vs. 13 to 1...
Submitted by
Tyler
Durden on 10/22/2012
A
One World Economic System That Kills American Jobs
Michael Snyder | Either way this election turns out,
American jobs are going to continue to get slaughtered by the millions.
Michael
Lombardi | When it comes to the U.S. economy, who will come
to its rescue?
55
Facts About The Debt And U.S. Government Finances That Every American Voter
Should Know
The Economic Collapse | The future of the United
States of America is being systematically destroyed by our politicians, but
unfortunately most Americans don’t really grasp exactly what is happening.
Global
Debt Repudiation? IMF’s Paper On The Chicago Plan Continues To Stir Opinions
Zero Hedge | The 1936 Chicago Plan was created to
somehow prevent the large boom and bust cycles seen during the Great
Depression.
Greece
Austerity Diet Risks 1930s-Style Depression: Euro Credit
Bloomberg | Greece is spiraling into the kind of
decline the U.S. and Germany endured during the Great Depression.
Chinese
Gold Imports Through August Surpass Total ECB Holdings, Imports From Australia
Surge 900%
Zero Hedge | China will have imported more gold than
the 11th largest official holder of gold, India, with 558 tons.
Dysfunctional,
Dishonest, Insane & Intolerable
Washington’s Blog | The incompetence, arrogance, ineptitude and
insanity of government officials at the Federal, State, and Local level are
stunning to behold.
10-19-12 Dave’s
Daily: http://www.etfdigest.com ‘POOR COMPANY REPORTS
CRUSH STOCKS 10-19-12 We’re
back to square one on the week as far as most major indexes are concerned. But
you wouldn’t know it by Thursday’s and Friday’s
action. We’re also back to the
previous matter of light volume rallies and heavy volume selling, meaning
distribution. Earnings overall were expected to be weak but corporate revenues
weren’t expected to decline by
this much. The litany of disappointments is quite long: (MSFT), (IBM), (INTC),
(GOOG), (CMG), (MCD), (GE), (AMD) etc.The normal rotation away from tech to
more conservative sectors like financials (XLF), consumer discretionary (XLY),
healthcare (XLV) and so forth came to an abrupt end at least on Friday. Better
relative performance? Perhaps, but most carbon-based investors could care less
about such arcane institutional distinctions. Friday was a “get me out”
day.The dollar (UUP) was stronger which crushed precious metals (GLD) &
(SLV) and commodity tracking sectors (DBC) overall, a very ugly day. Stocks had
their worst day in four months which is the opposite of the previous week’s headline of best week in five months—wash, rinse and repeat.In the eurozone, EU ministers
have an agreement to provide a banking regulatory vehicle. But the details and
calendar of doing so are sketchy. The Spanish delay strategy is clearly
designed to seek a better set of conditions for a bailout. They don’t need one “today” but will eventually. So the meme going around
bullish circles today that the eurozone is fixed is laughable. There isn’t much to add as now the FOMC meeting next week is in
focus not to mention the election and other potential surprises. The FOMC will
make another announcement on Wednesday. They have very few tools left at their
disposal except perhaps lowering bank reserve requirements. Cutting interest
rates to zero doesn’t
seem a sensible option. Perhaps even the glamour of the Bernanke/Draghi Put is
fading as well. Another presidential debate then it’s a sprint to the finish. Given the tightness of the
polls, ZH posted the notion of a Gore/Bush type of election outcome which could
take us to the fiscal cliff in a political mess. How fun would that be? We had
moved a substantial amount of the major index positions from long to cash at
the beginning of the week. This seemed dumb by Thursday morning but now seems
neither astute nor dumb. So is it a buying opportunity or just a move to the
sidelines for now. We choose the latter for now. Trying to make sense of
markets especially in this centrally planned economy, can make anyone look
foolish.As indicated volume was higher on selling as no doubt many trailing
stops were triggered. Breadth per the WSJ was quite negative approaching a
10/90 day…’ , Spain’s Back In Crisis Mode… And Will Take The EU Down With It http://albertpeia.com/spainbackincrisismode.htm , This
Is Why, To An Economist, QE Refuses To Work ZeroHedge.com { A very important point/reference is made here
infra regarding the reality of ‘grant’ (bribe) money which is why academics are, though
contraindicated in terms of reality and 4 years of failure, backing obama in
lock-step legion. Truly pathetic and indicative of decline! True desperation! }
There is practical, everyday common sense... and then there is economics.
Because when it comes to explaining why a square peg won't fit into a round
hole, only an economist will tell you, over and over, that it will eventually happen, one must just tweak the theory a
little first, and then reality will promptly follow. And while even economists
have enough of a frontal lobe (and realize there is little grant money) to
pursue intractable pegs and hole problems, when it comes to the theory at the
heart of their beloved Keynesian voodoo religion, namely Quantitative Easing,
the answer is always one, and it is very simple: we need more! Yet even economists are not naive enough to not
recognize that QE has not worked in any of its 4 previous iterations
(logically, as if it had there would be no need for a fifth, open-ended one).
Where it gets fun is watching them come up with amusing yet convoluted,
involved and outright demented explanations, some even in chart format, why QE
keeps on failing. Below, we present just such a graphic explanation which only
an economist could love, or care about.
, R(osenberg)
& B(ernstein): Two Ex-Merrill Colleagues, Two Opposing Outlooks, One
Permabull Rebuttal Earlier this
week two former Merrill colleagues, since separated, were reunited on several
media occasions, and allowed to spar over their conflicting views of the world.
The two people in question, of course, are Gluskin Sheff's David Rosenberg,
best known during the past 3 years for not drinking the propaganda Kool-Aid,
and systematically deconstructing every "bullish" macroeconomic
datapoint into its far more downbeat constituent parts, and his ebullient
ex-coworker, Richard Bernstein, formerly head of equity strategy at a firm that
had to be rescued by none other than Bank of America and currently head of RBA
advisors, who just happens to be bullish on, well, everything. And since any
attempt at holding an intelligent conversation on CNBC is ultimately futile (as
can be seen
here) and is constantly broken up by both ads, and interjecting anchors and
show producers who care far less about facts than keeping the presentation
'engaging' (and going to such lengths to even allow Jim Cramer to have his own
TV show), Rosenberg decided to dedicate his entire letter to clients today to
"providing a rebuttal" of the slate of reasons why according to
Bernstein the "we are on the precipice of a 1982-2000 style of secular
market." What follows is one of the most comprehensive "white
papers" debunking the bullish view we have seen in a while. Read on. , Goldman's
Releases Walkthru "Toolkit" Of How It Will Respond To Second Coming
Of Greg Smith's Muppetgate , If
The Market's Disconnect With Economic Reality is Over, Watch Out Below , Today's
Redbull-Sponsored Market Plunges By Most In 4 Months , Why
Rajoy's 'Delay-And-Pray' Strategy Won't Work , This
Is The Housing Bubble Beneath The "Recovery" We want to 'believe', we really do; but
anyone with any sense (and no skin in the game) can see through the data; the eon-like
periods of foreclosure and the drastically reduced supply. No matter how
'bullish' homebuilders are, or how much they dream of a future pickup, calling
the recovery (as Bob
Shiller recently noted) is just a fool's errand. The truth is, for the
average citizen, housing is not recovering - the wealth effect is not creating
animal spirits - and we do indeed have more to fear than fear itself. The
following 79 second clip from Bloomberg TV should perhaps clarify the
'difference' in demand for housing. Primary residence 'buyers' are down remarkably, while 'investors' are
up dramatically - now at pre-crisis bubble levels! Perhaps, as
we noted here, Och-Ziff's stepping away from the 'flip-that-house' or
'REO-to-Rental' game is as good an indicator of exuberance as any. , Spain's
Regional Bailout Fund: A Drop In A Bucket Of Insolvency , Bill
Gross Warns "Very Likely' Central Banks Will Cause 1987-Like Crash
Two bank failures take U.S. tally to 46, FDIC says Marketwatch
Microsoft’s benefit of the doubt is done Marketwatch {
Indeed! }
Pimco says U.S. downgrade imminent Marketwatch
Sales of existing homes decline 1.7% in September Marketwatch
Inventories decline 3.3% to 2.32 million units/ Inventories represent
5.9 months of supply
Banks lead Europe stocks lower amid earnings woes Marketwatch
55
Facts About The Debt And U.S. Government Finances That Every American Voter
Should Know
The Economic
Collapse | The future of the United States of America is being systematically
destroyed by our politicians, but unfortunately most Americans don’t really grasp exactly
what is happening.
Keiser Report:
Enema of the State
RT.com | Max Keiser and Stacy Herbert discuss banksters
having the “eyes
of used enema resellers.”
U.S.
to Get Downgraded Amid Fiscal ‘Theater,’ Pimco Says
Bloomberg | The sovereign credit rating of the U.S. will be
cut as “fiscal
theater”
plays out in the world’s biggest economy.
Feds
Give Welfare to the Dead, Deny Medicare to the Living
Michael Tennant
| The federal government has been paying welfare benefits to the dead and
withholding Medicare benefits from the living.
U.S.
Taxpayers Spent $5.6 Million in 2011 to Preserve Cultural Landmarks – in Other
Countries
CNS News |
U.S. taxpayers spent $700,000 in 2011 to help conserve the ruins of a 9th
century city in East Africa, according to a State Department report.
Google
Stock Plunges: Trading Halted After Earnings Report Shows 21% Decline
Year-Over-Year
Mac Slavo |
Following the trend of shipping company Fedex, the largest advertising venue in
the world is showing signs of strain in a weakening global economy.
Germany’s
Merkel Calls for EU Veto Power Over National Budgets
New American |
If approved, the EU would have more power over its formerly sovereign members
than even the U.S. federal government has been able to usurp from American
states.
10-18-12 Dave’s Daily: http://www.etfdigest.com ‘GOOGLE SLIP ROCKS MARKETS 10-18-12 China’s GDP data
fell to 7.4% from 7.6% previously. This caused a rally in Asia in general on
ideas of more stimulus which the Chinese
have sent mixed messages. One report said they wouldn’t be doing any QE like
their global peers fearing inflation while others have stated the opposite.
China isn’t that
transparent but neither are we given some of the data U.S. authorities have
been issuing.Jobless Claims return to normal after the BLS and DOL realize they
screwed up (388K vs 365K & prior revised from 339K to 348K). So a bump of
48K higher in claims even with revisions is the highest in many years. This
comes with little explanation with bullish spin from financial media attributed
to unnamed technical and/or seasonal considerations. The Philly Fed was
positive (5.7 vs .5 expected & prior -1.9). Leading Indicators were unsurprisingly
positive (.6% vs .2% & prior -.4%).UBS states there were 3 more incidents of
fraudulent trading by employees just now discovered. These banks are too big to
manage properly and current risk management capabilities are inept
obviously.The dollar (UUP) had a slight uptick while the poorer Chinese
economic data caused gold (GLD) prices to drop modestly once again. Chinese
gold imports of gold are down but they’re still importing and are large producers of the metal.Oil
prices (USO) dropped on supply (2.86 million bbls vs 1.3 million bbls expected)
and most commodity markets (DBC) were flat to weaker. Bonds (TLT) were weaker
even as stocks were mixed to weaker.Google (GOOG) stole the earnings show
Thursday as their earnings report was released early and by accident. The “note” on the release stated “pending Larry” meaning it had to be
approved first. That person who sent it is now looking for work somewhere like
Alta Vista. No matter since the earnings and revenues were terrible unless “Larry” decides to alter them
which he can’t. 165 hedge
funds and most of Wall Street talking heads are long the stock. They were all
over the airways today saying the stock must be bought now, but they’re talking their books
clearly. The report is what matters ($9.04 vs $10.65 expected & revenues
$11.33 billion vs $11.86 billion) not the release timing. It still remains a
great company but at what price and PE? This is what the market will try and
sort out.Tech overall has been underperforming (IBM), (AAPL), (GOOG), (XLK),
(SMH) and financials (XLF) have been outperforming. There’s a change in leadership if a
rally continues favoring the latter. It’s important to remember a couple of important issues. With
tech you pay a premium (higher PEs) for growth. Should growth falter for any
reason PEs get compressed more rapidly since investors didn’t get the growth they were
paying for. (Note: after the close MSFT missed on both revenues and
earnings.) There has never been a bull market in history without
financials either in the mix or leading. Since the 2009 low, financials rallied
smartly but over the last 2 years they’ve been range bound as doubts going forward have vexed
investors. Now they seem at another important resistance area with a chance to
move forward—a
chance.Volume picked up slightly but still remains on the light side while
breadth per the WSJ was mostly negative...’
The failed banana
republic/welfare state of california, for wobama with eyes closed, a
corruption/fraud/crime-ridden state desperate to help 4 year failure obama by
whatever fraudulent/corrupt means:
‘…Business Insider's Henry Blodget
claiming that "Well, we're glad to say that we've finally gotten to the
bottom of what happened" and that the state in question is none other than
California (supposedly as opposed to Illinois to shut up those wacky conspiracy
theorists). Turns out the site known best for its slideshow presentations
(which will soon double down as advertisements)
may have once again fibbed just a little, following an official demand by none
other than California state Employment Development Department direct, Pam
Harris (the typical lying nigger), that BI retract its article. To wit:
"Reports that California failed to fully report data to the U.S. Department
of Labor, as required, are incorrect and irresponsible... It’s unfortunate this
‘reporter’ and others who repeated the article’s erroneous statements chose to
speculate rather than report, failing to confirm this information with
EDD." Sure enough, the 'reporter' in question replied, and it appears that
Business Insider is better informed than California when it comes to matters
such as these, and has refused to retract…’
http://www.marketwatch.com/story/ignore-volatile-jobless-data-hiring-still-slow-2012-10-18
‘…The culprit: California. The nation’s most populous state appears to
have shown a smaller number of claims than usual two weeks ago. The seeming
shortfall was probably made up for in the most recent data. Since California is
the state with the highest number of overall claims, it can have a big
influence on the weekly U.S. report. The number of people who apply for
benefits each week in the Golden State is roughly equal to New York, Texas and
Illinois combined. A message left with the employment development department of
California wasn’t immediately returned…’
What can you expect
from niggers...0! The niggerization of caifornia: 10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
What Do California And Detroit
Have In Common? (Hint: niggers, etc.) http://albertpeia.com/californiadetroitdeclineincommon.htm { Not to be confused with the baseball
Tigers: Congratulations on their pennant win! Go Big Cats! }, Failed Wobama model illustrated: 16 Reasons
To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm Pro 0 New York’s not much better with their trillion dollar wall street frauds/drain.
http://theeconomiccollapseblog.com
http://albertpeia.com/55factsaboutusdebtfinancesvotersshouldknow.htm
Microsoft earnings fall ahead of slate of releases { There
should be no surprise here … microsoft word/windows 2000 professional … that’s
it … all downhill thereafter … newer op systems are invariably unstable
regardless of the amount of ram or processor (ie., AMD/Intel). Terrible!
Pathetic! Horrible! What can you expect from a failed government protected
monopoly. }
http://endoftheamericandream.com
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{
The question is do americans have the courage to stand up to the uncivilized
terrorist niggers by giving the deserved boot to an egregiously failed
president obama who has proven himself to be a typical jive-talking b***s***
nigger himself! Or, are americans going to cower in fear of the nigger threats
and prove to the world they are but cowards of a failed nation. }
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes,
says the optimist who sees the opportunity in every calamity and not vice
versa. Indeed, President Romney’s election based upon american people’s survival instincts and
an awakening from the wobama b***s*** slumber of decline will provide the
opportunity to incarcerate the niggers who will use such as an excuse to do
what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
ZeroHedge.com
The ridiculous economic data continues. Those looking
at the headline Philly Fed, which jumped from -1.9 to 5.7, trouncing
expectations of 1.0, such as the NY Fed's Simon Potter are pushing buy buttons
left and right. And yet anyone who takes the 2 minutes to look at the
internals, such as the collapse in the Number of Employees Sub-Index, which
tumbled from -7.3 to -10.7 (the lowest since September 2009), the decline in
the Average Employee Workweek, or the surge in Prices Paid from 8 to 19, double
the change in Prices Received which means plunging corporate profits, or the
ever critical New Orders which declined from 1.0 to -0.6, and one can see why
this is a report only an Econ Ph.D-cum-Central Planner can love.
Finally adding insult to injury, is the 6 month forecast, which unlike all
other regional Fed diffusion indices, collapsed by half, from 41.2 to 21.6, as
the Hopium at least in the city of brotherly mugging appears to be running out.
Stocks kneejerk in every possible direction hoping the Fed will provide a
direction.
Submitted by Tyler
Durden on 10/18/2012
Translation: Goldman is now buying Brent from its
clients, aka Goldman 101.
Submitted by Tyler
Durden on 10/18/2012
Homework favors
the wealthy. This is the
position that the increasingly imbecilic President of France is taking in
proposing a ban on homework
as part of a series of educational reforms. As ABC
reports, Hollande sees "education as a priority" but work should
be done during school hours rather than at home "in order
to establish equal opportunities." But before the children of France rejoice, Hollande
is unlikely to garner their future votes, as his proposal also looks to extend
the French school week to nine half-days a week to be spread over four, five,
or six days (as opposed to the current four days a week with Wednesdays off).
Though we may sneer at this oh-so-socialist ideal of 'sharing' the homework
load into the school-day, it is perhaps noteworthy that the US still lags
France in Math (US 31st in the world vs France 22nd).
Submitted by Tyler
Durden on 10/18/2012
So much for last week's aberration initial claims
print of 339K (revised higher of course to 342K). With expectations of an
increase to 365K, the DOL just came out with a whopper of a miss, the largest
in three months, at 388K, an increase of 46K in one week, which was also the
highest print in three months. Remember: this number will be revised to 391K
next week. So much for single print indicative of a recovery. As the chart
below shows, the rate of change was a 13.45% from last week: the highest in
five years! So far, there
has been no explanation from the BLS or DOL for last week's outlier print. And
no, last week's print was not due to California, which the DOL reported
just decreased by 4,979 in the week ended Oct 6, not the required 49K. What is
however worse, is that it is becoming increasingly clear that nobody at the DOL
knows what is actually going on following
a statement by the Labor Dept that "it appeared
that state-level administrative issues were distorting the data", and numbers are simply picked out of thin
air. Finally, in truly amusing news, those on Extended Benefits have once again
started to rise, after dropping to virtually 0 following expiration of state
benefits.
Keiser Report:
Enema of the State
RT.com | Max Keiser and Stacy Herbert discuss banksters
having the “eyes
of used enema resellers.”
U.S.
to Get Downgraded Amid Fiscal ‘Theater,’ Pimco Says
Bloomberg | The sovereign credit rating of the U.S. will be
cut as “fiscal
theater”
plays out in the world’s biggest economy.
US
unemployment aid applications jump to 388,000
foxnews.com | Weekly applications for U.S. unemployment
benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest
in four months.
Foxconn
says underage workers used in China plant
Reuters | Foxconn Technology Group, the world’s largest contract
electronics maker, has acknowledged hiring teenagers as young as 14 in a
Chinese factory.
U.S.
to Get Downgraded Amid Fiscal ‘Theater,’ Pimco Says
Bloomberg | The sovereign credit rating of the U.S. will be
cut as “fiscal
theater”
plays out in the world’s biggest economy.
Chinese
Electricity Consumption And Production Both Point To Sub 7% GDP Reality
Zero Hedge |
GDP is now trendlining well below the official 7%.
Former
U.S. Comptroller Says U.S. Faces Fiscal “Abyss”
New American |
Former U.S. Comptroller General of the United States David Walker just finished
another tour across the country promoting “fiscal reform and responsibility”.
10-17-12 Dave’s Daily: http://www.etfdigest.com MARKETS DIGEST EARNINGS & EUROZONE 10-17-12 Another short
post as I have my usual seasonal bug, which with meds, renders
me weak. Moving on we see Housing Starts increasing by 15% which makes me
wonder, do we need more inventory? But realtors like to tell me people want “new” versus older homes. I can
understand this but many older homes are still selling way below their
replacement costs.The old game with earnings reports is still ubiquitous—companies and analysts
lower expectations sharply then reports beat and relevant stocks rise. There’s also little new with
accounting gimmicks and adjustments. Bank of America (BAC) is still writing
down its Countrywide assets so net of that the company beat lowered estimates.
With the combination of adjustments and lowered expectations the company beat
by reporting flat earnings vs a small loss. IBM on the other hand missed on
revenues which saw the stock much weaker. As a heavyweight in the
price-weighted DJIA the headline index was somewhat weaker but ex-IBM was
probably much higher. Intel (INTC) beat earnings expectations as well but
forecast weaker growth going forward and the stock declined. Most importantly
is most revenues are declining as American Express (AXP) just reported earnings
that matched expectations but revenues missed and declined.Leading markets
higher were financials (XLF), energy (XLE) and homebuilders (ITB). The dollar
(UUP) was much weaker while precious metals (GDL & SLV) were only slightly
higher. Bonds (TLT) were weaker while commodities (DBC) and oil (USO) struggled
to maintain unchanged levels.Overseas markets were cheered by some partial
agreements with Spain (EWP) which makes me think current “baby steps” will see us revisit the
situation again and again.Volume on Wednesday was once again ultra-light and
breadth per the WSJ was positive overall…’ , Two Facts You Need to
Know Before November 6th http://albertpeia.com/twofacts.htm , Taxpayers
To Recover $0 On Solyndra , Chinese
Goldilocks GDP: Q3 Economy Goalseeked Just As Expected At 7.4% ,
'Shadow
Banking' In China The process was a cornerstone of the government’s control
over the economy. The vast majority of banks in China are controlled by
the government, so the “who and when” of lending was firmly in the hands of China’s leaders.
But, the years 2008/9 will be remembered as
watershed years for Chinese finance, as two trends appeared – an
economy relying increasingly on debt creation for growth, and that debt
creation becoming more and more complicated and obscure - making it is
easy to see why so many officials and analysts are worried about the 'hazy and
complicated area of finance' out of teh government's direct control. , Bank
Of America Gimmicks Continue - Chargeoffs Soar To Highest In A Year, As Loan
Loss Release Surges , Och-Ziff
Calls Top Of "REO-To-Rental", And Distressed Housing Demand, With
Exit Of Landlord Business The
primary, if not only, reason there has been a brief spike in subsidized demand
for housing in recent months, has been the GSE/FHFA
endorsed REO-To-Rental plan, and associated
securitization conduits, in which large asset managers have been encouraged
to take advantage of government funded, risk-free financing (and entirely
bypassing banks who have given up on loan origination due to legacy liability
issues which have every bank tied up in litigation from now until Feddom come -
just see today's Bank of America results) and purchase foreclosed properties in
bulk, with the intention of converting them into rental properties. Needless to
say, the subsidization of this wholesale purchasing of foreclosures, coupled
with the ongoing "foreclosure
stuffing" pursued by the big banks (as a reminder days to foreclose in
California just hit a record 1,072
per RealtyTrac as banks simply refuse to clear housing inventory faster
knowing full well withheld inventory is an additional clearing price subsidy)
is the main reason why the punditry has been confused into believing there is a
housing rebound. That this "rebound" is merely a subsidized demand
pull phenomenon a la the "cash for clunkers" auto sales program is
patently clear to most. Nonetheless what little confusion is left, is finally
coming to an end, thanks to none other than one of the
first entrants in the REO-To-Rental space, $31 billion hedge fund Och Ziff,
which a year after entering the program with hopes of quick riches, is now looking to cash out.
, Guest
Post: Housing Starts And Permits: Euphoria May Be Premature This morning's New Home Starts and Building Permits was called
by some 'The Most Bullish Development On The Entire Earth'. That is indeed a
very bullish statement about a sector of the economy that is still running at
very recessionary levels of activity. However, let's analyze the data beyond the headline to determine what is really
occurring. Among the various 'surprises' are seasonal
adjustments, as we saw with the retail sales, were exceptionally large in
September; the underlying fundamentals, especially in the 25-35 cohorts, are
simply not in place to create a sustainable upturn in housing; and the
disconnect between the housing data and the real demand for construction workers.
The current activity falls well within
the bounds of normal volatility, and we will likely see revisions
lower in the coming months ahead, as seasonal variations began to negatively
impact the data towards year end. The important point, however, is that while the housing data on the surface is showing improvement the more
important components to sustainability from employment to lending are not.
Peak P/E? on 10/17/2012 There
is little doubt that asset prices have responded to Central Bank promises and
actions. Even as bottom-up fundamentals are fading, top-down index 'nominal
prices' rise on the back of magical multiple expansion - which is defended from
on high by sell-side strategists the world over on the back of 'recovery' is
just around the corner. The trouble
is there's a limit and it seems - from QE2 and LTRO - that we are rapidly
approaching that limit; and with earnings outlooks being revised lower,
perhaps we are at peak P/E for this cycle of QE?
Submitted
by Tyler Durden on 10/17/2012
Sales
stumbles raise fresh worry for corporate America
reuters.com | Slowing
world economy took a toll on sales of products.
Ron Paul on
the Real Unemployment Numbers
Infowars.com |
Situation on the ground looks nothing like a recovery.
John Myers |
Regardless of who the President is after this close election, the equity
markets and the U.S. economy are in trouble.
Submitted
by Tyler Durden on 10/16/2012
Well, who
knew it was gonna actually get close to fisty-cuffs? According to CNN Polls,
65% believe Obama won (with 50% saying by a lot) and 19% that Romney won by a
lot. Obama dominated speaking time 44:05
to a mere 40:50 for Romney (almost
the same margin as in the last debate); but Romney (somewhat ironically) crushed Obama in the drinking game 44:23. Obama
Intrade Odds wavered during the debate ending marginally higher but S&P 500
futures are tracking lower. Twitter interest fell 30% from the first debate.
Full Bloomberg Headlines and Top Ten Debate Lines below. Obama uttered a brisk
7651 words for a 173 word/min pace (172 last debate) while Romney's 8006 words were spoken at a 196 word/min pace (slower
than his 217 pace of the last debate) but still the winner. So, time:
Obama, drinking-game: Romney, word-count: Romney - the winner of tonight's
debate is Mitt Romney.
The debate: Crowley crossed the line (MarketWatch) — Presidential debate
moderator Candy Crowley crossed the line Tuesday night when she sought to
clarify a point about the recent terrorist attack on the U.S. consulate in
Libya.
CNN | CNN’s Candy Crowley admits that
Romney was actually right during the debate on the Libya remark.
Federal
Gov’t Funding Police Spotters on Overpasses in Two States
CNS News | Thanks to a cash infusion from the Obama
administration, motorists in Connecticut and Massachusetts may see police
spotters on overpasses.
Guardian
‘seriously discussing’ end to print edition
London Telegraph | The publisher of the Guardian and
Observer newspapers is close to axing the print editions of the newspapers.
Hours
Ahead Of The Presidential Debate, Total US Debt Hits Record $16.19 Trillion
Zero Hedge | The number in
question:$16,190,979,268,766.67.
Obama:
“We Are in the Midst of a Huge Recovery”
Mac Slavo | Thanks for trying Mrs. Obama, but we’re not
buying it.
Drudgereport: GALLUP:
R 51% O 45%
DICK
MORRIS: Romney won the second debate...
Threats
to Assassinate Republican Romney Explode on TWITTER After Debate...
REPORT:
White House contradicts president's statement on Benghazi terror attack...
Despite
Pledge of Open Government, Obama Prosecuting Whistle-Blowers as Spies...
'When
I Was President'... { Indeed,
past tense for O and more than a Freudian slip as he heralds in new President
Romney, writing on the wall though not his teleprompter! }
CAUGHT
ON TAPE: Michelle O Broke Rules, Clapped During Debate...
'On
Nov. 7, We're Going to Party Hard'...
U
of Colorado Study: 77% likelihood Romney wins popular vote...
Record
High Enrollment for Food Stamps: 46,681,833...
FOURNIER:
Verdict Uncertain...
TREAT:
Candy gives Obama 9% more time...
TRICK:
Candy 'Throws the Flag'...
CANDYLAND:
Romney was 'right in the main' on Benghazi, but 'picked the wrong word'...
Another
debacle for America's media...
Reporters
applaud Obama's slam on Romney's wealth...
Pelley:
'Most Rancorous Debate In History'...
'Nauesating'...
Reporters
Get Drunk at Debate...
LUNTZ
GROUP: BIG SWING...
A
Frank Luntz focus group made up mostly of former Obama voters say they now
support Mitt Romney.
"Forceful, compassionate, presidential," one participant said.
"Confident and realistic," said another.
"Presidential," another told Luntz.
"Enthusiastic," another reacted.
"Our next president," one man said.
"Dynamo, winner," said one more.
"He's lied about everything. He lied to get elected in 2008, that's why I
voted for him. I bought his bull. And he's lied about everything, he hasn't
come through on anything. And he's been bullshitting the public," one
member of the focus group said.
Farrakhan's
Fiery New Warning to USA: 'Every Plague Written in Koran is Going to Come to
Pass'... { farrakhan’s really only talking about (all plagues rolled
into) one plague; viz., the plague of the nigger which is extant despoliation
wherever the niggers are, in the worst sense!
Yes, they are the other, more nefarious black plague! }
Violent
crime rises sharply... ‘6:53PM EDT October 17. 2012 - WASHINGTON — The violent crime rate went up 17% last
year, ending a general decline in violence that began nearly 20 years ago,
according to a new federal survey of crime victims.The Justice Department's
National Crime Victimization Survey also found an 11% increase in the rate of
property crimes, including household burglaries and car theft.’ { Come on!
Perenially understated, these understated crime numbers don’t even take into
account ‘protected/unprosecuted’ wall street frauds/crimes in the trillions.
And, how about those fed paper bucks that ‘fell off the fed trucks’ even just
recently; kind of like those 360 tons of $100 bills ($12 billion) flown into
Iraq that just ‘disappeared into thin air’, etc.. }
Driver
Doesn't Stop For 8 Blocks As Men ( two niggers ) Viciously Beat Woman On Public
Bus...
Greece faces anti-austerity
shutdown as EU meets...
'In depression'...
10-16-12 The
Last Days Of America? 25 Signs Of Extreme Social Decay http://albertpeia.com/lastdaysofamerica.htm , Waiting On November 6th http://albertpeia.com/waitingforgodoe.htm , Why
Intel Better Not Be Economic Bellwether This Time Around ZeroHedge.com For those who missed it earlier, Intel reported results that were
just slightly better than expected, and yet the stock tumbled over 3% after
hours. The reason is because despite a weak quarter which had been pre-guided
down by the sellside community every so effectively, the semiconductor
manufacturer saw even more weakness in Q4. Those who wish to read the details
can do
so here. For everyone else who is more of a visual learning bent, we
present the following chart which shows the year-over-year change in Intel
revenue, which shows that for the first time in 12 quarters, INTC reported
a decline in annual revenue. Furthermore, there is virtually no question
that Q4 will also see a revenue decline: the only question is whether it will
be greater than Q3's 5.5% Y/Y drop.
, Destroying
The Myths Of Bernanke's Brave New World Of QEtc. Entering the final quarter of the year, Lacy Hunt and Van
Hoisington (H&H) describe domestic and
global economic conditions as extremely fragile. New
government initiatives have been announced, particularly by central banks, in
an attempt to counteract deteriorating economic conditions. These latest programs in the U.S. and Europe are similar to previous efforts. While
prices for risk assets have improved, governments have not been able to address
underlying debt imbalances. Thus, nothing suggests that these latest
actions do anything to change the extreme over-indebtedness of major global
economies. To avoid recession in the U.S., the Federal Reserve
embarked on open-ended quantitative easing (QE3). Importantly, in their view, the enactment of QE3 is a tacit admission by the Fed that earlier
efforts failed, but this action will also fail to bring about stronger economic
growth. H&H go on to break down every branch that
Bernanke rests his QE hat on from the Fed's inability to create demand, to the
de minimus wealth effect, and most importantly the numerous unintended
consequences of the Fed's actions.
, Hours
Ahead Of The Presidential Debate, Total US Debt Hits Record $16.19 Trillion , Stocks
See Biggest 2-Day Gain In 5 Weeks On...Denied Rumors? UPDATE: IBM -3%
after-hours (equiv. 50 Dow Points) Citi was the headline-maker of the day and
is now (somehow) up 12.4% from QEtc. AAPL's low average-trade-size but
reasonable volume rip (+2.3%) just failed to fill the gap-down from 10/5 but
provided just the excuse the market needed to rip on a debate-day. Tech remains
the only sector in the red post-QEtc. The last two days we have seen the same pattern play out as in the last
few weeks, a plunge-plunge-linear-ramp with the opposite scale on volume during
these moves. Today's equity market levitation was predicated
on rumors of a pending credit line with Spain - which was denied by everyone
involved but by then correlations were high and momentum was in charge. FX
markets are highly dispersed with JPY weakness and EUR strength leaving the USD -0.44% on the week. Commodities recovered a little on the
day with Oil/Copper +0.25% on the week and gold/silver still lagging. Treasuries bear-steepened with 30Y +8.5bps. VIX
dropped marginally to 15.22%. Credit was dead after Europe closed,
underperforming equities push. , As
Coke Goes, So Goes 20% Of The Greek Stock Market (Which Is Now Smaller Than
Vietnam's) , Confusion
Reigns In Europe , The
Curious Case Of Debate-Day Stock Market Surges In addition to the mysterious volley of recent economic data
points that have blown even the most optimistic expectations out of the water,
it is perhaps notable that not only is the economy in agreement with the status
quo in the month before the election, but so is the market, and as can be seen
below, on presidential (and vice) debate
days, the market has posted some truly six sigma returns. For the
month of October, the S&P 500 futures have risen a cumulative 20 points on
the days of the debate; and fallen a cumulative 4.75pts on the non-debate days.
Forget needing moar QE, we need moar debates! While we
leave up to our readers to divine the implications of such outlier moves on
debate days, our only suggestion for those who have missed their opportunity to
buy the central bank policy vehicle, formerly known as the S&P 500, with
both hands and feet, is to wait until the next presidential debate and go all
in. After all, "it's only fair" that the
market will soar hours ahead of the two teleprompter-less candidates debating
highly irrelevant stuff. , Why
A Balanced Budget Is Impossible In America
If the US government cut all government services except Social
Security, Medicare, Medicaid, and interest payments, federal spending would
still outpace revenues. As we
noted here, these four mandatory items dominate costs. All the
arguing over sequestration and the fiscal cliff are moot since as Professor
Antony Davis notes in this brief clip, there are no specific cust that will
enable government to balance the budget; in fact "nothing less than a complete redesign will solve the
problem." That redesign begins with determing the proper role of
government.
Guest
Post: The Future of America Is Japan: Stagnation Japan's economy has stagnated for
two decades despite the global economy experiencing one of its greatest
economic booms ever. Japan continues to avoid fiscal or financial crisis,
and perhaps it can do so for decades to come. But we should note that Japan has
had the incredible, once-in-a-lifetime tailwind of a global boom for the past
23 years. That has enabled Japan, and all the other developed economies, the
means to avoid facing their structural and demographic problems. If Japan's
economy has stagnated during a global boom, what will it do during a global
bust? Japan's stable stagnation will
continue in a linear fashion--until it doesn't.
China
Continues To Boycott Treasurys As Japan Prepares To Become Largest Foreign
Holder Of US Paper Where there were
notable developments in today's TIC report, was in the composition of buyers of
US paper, which showed that for yet another month, there has been virtually no
buying interest in US paper by the biggest non-Fed holder: China, whose total
TSY holdings were $1,154 billion, down $12 billion since the beginning of the
year, and down a whopping $125 billion from a year ago. Ironically that other
massively indebted country, Japan, which has Y1 quadrillion in its own public
debt to deal with, for a debt/GDP ratio will above 200%, continues to load up
on US paper, as the biggest paper ponzi scheme continues going ever higher and
nothing possibly can get in the way. In fact, as the chart below shows, the
difference between total Chinese and Japanese holdings has declined to a record
low $32 billion, and will likely see Japan surpass China as the biggest holder
of US paper very soon.
10-15-12
Dave’s
Daily: http://www.etfdigest.com ‘CHUCKY THE CONSUMER IS BULLISH 10-15-12
The “bad news is good and good
news is better” theme was
once present again Monday. The good news was from Retail Sales were higher
(1.1% vs expected .9%) and previous data for July and August were also revised
higher. Gains were from autos, gasoline and electronics (iPhones?). The U.S.
consumer loves their cars and gadgets. There’s a lot of peer pressure for the “I got to have it” crowd and auto companies
are self-financing now even featuring sub-prime lending. Consumers are buying
more inefficient vehicles even as gas prices climb. They want their guzzlers
but rage at the gas prices which is odd. Also Citigroup (C) reported earnings which were better than
expected ($1.06 vs $.98). This was based in large part on an increase in bond
trading revenue. Since QE3 is just underway perhaps the build in MBS and other
Treasury bond trading was building to feast on Fed buying. The company is also
going to divest itself of Smith-Barney and cut more jobs. The bad news was from a
still weak Empire State Mfg Survey (-6.16 vs -3 expected & prior -10.41) so
the beat goes on there. Curiously Fed Governor Bullard, currently a non-voting FOMC
member and previous QE advocate, fretted Monday that QE was hurting savers. Who
knew?!? Over the weekend China reported more moderate inflation data
but there was also an article from Xinhua and featured in Reuters indicating the Chinese aren’t interested in QE.
Remember, unlike the U.S. the Chinese report gross inflation data skipping the
weird “core” rate we’ve come to expect from the
BLS. Stocks started the trading
day rather tentative given the more positive news and then jumped later as
investors seized on the “risk on” environment. Stocks
clearly were led higher by financials (XLF), healthcare (XLV) and a homebuilder’s bounce (ITB) while bonds
(TLT) were weaker. The dollar (UUP) was firm while precious metals (GLD &
SLV) declined sharply. The latter was occasioned by no doubt premature thoughts
better economic data might cause the Fed to slow its money printing agenda.
This while supply constraints given the long South African miner’s strike continues.
Nevertheless the sector was weak and trailing stops were hit. Commodities (DBC)
overall were weak led lower by base metals (JJC) and oil (USO). Volume was once again a
light affair while breadth per the WSJ was positive…’ , 21
Signs That The Global Economic Crisis Is About To Go To A Whole New Level http://albertpeia.com/21signsglobaleconomiccrisisabouttogetmuchworse.htm , Greece
Is Not Poor - It Actually Has Massive Uptapped Reserves Of Gold, Oil And
Natural Gas http://albertpeia.com/greeceyuntappedwealth.htm , US
Households Are Not "Deleveraging" - They Are Simply Defaulting In
Bulk ZeroHedge.com Lately there has been an amusing and very
spurious, not to mention wrong, argument among both the "serious
media" and the various tabloids, that US households have delevered to the
tune of $1
trillion, primarily as a result of mortgage debt reductions (not to be
confused with total consumer debt which month after month hits new record
highs, primarily due to soaring student and GM auto loans). The implication
here is that unlike in year past, US households are finally doing the
responsible thing and are actively deleveraging of their own free will. This couldn't be further from the truth, and to
put baseless rumors of this nature to rest once and for all, below we have
compiled a simple chart using the NY Fed's own data, showing the total change
in mortgage debt, and what portion of it is due to discharges (aka defaults) of
1st and 2nd lien debt. In a nutshell: based on NYFed calculations, there has
been $800 billion in mortgage debt deleveraging since the end of 2007. This has
been due to $1.2 trillion in discharges (the amount is greater than the total
first lien mortgages, due to the increasing use of HELOCs and 2nd lien mortgages
before the housing bubble popped).
, Market
Thoughts From David Rosenberg
"The consensus view was that QE3 was going to send the stock market
to the moon. Yet the peak level on the S&P 500 was 1,465 on September 14th,
the day after the FOMC meeting. The consensus view was that the lagging hedge
funds were going to be forced to play some major catch-up and take the stock
market to the moon too. Surveys show that the hedge funds have already made
this adjustment...Q3 EPS estimates are still coming down and now stand at -3%
YoY from -2% at the start of October....this is the first time the Fed embarked
on a nonconventional easing initiative with the market overbought and with
profits and earning expectations on a discernible downtrend. Not only that, but
the fact the pace of U.S. economic activity is still running below a 2% annual
rate, which is less than half of what is normal at this stage of the business cycle
with the massive amount of government stimulus, is truly remarkable. Keep an
eye on the debt ceiling being re-tested — the cap is $16.394 trillion and we are now at
$16.119 trillion. This is likely to make the headlines again before year-end — the rating
agencies may not be taking off much time for a Christmas break." , US
CEOs Opine On America's Debt And The Fiscal Cliff , NYSE
Short Interest Drops To 5 Month Low
{ Though somewhat counter-intuitive, this is actually a bearish
indicator. } One place where the S&P level still does have a modest
influence is the number of shorts in the market, which are strategically used
by repo desks and custodians (State Street and BoNY), to force wholesale short
squeezes at given inflection points, usually just when the bottom is about to
drop out. The problem is that even short squeezes are increasingly becoming
fewer and far between, for the simple reason that the Fed has managed to nearly
anihilate shorters as a trading class with its policy… , Jeff
Macke On Citi's Earnings: "These Numbers mean NO-THING" , Timberrrrr!...
Will Be The Best Performing Asset In Next 7 Years Per Jeremy Grantham; Large
Caps To Return 0.0% , Latest
Unintended Casuality Of QEtc.: Mortgage REITs , To
Fight Hyperstagflation, Greece Will Allow Sale Of Expired Food Products , Guest
Post: The Future of America Is Japan: Runaway Deficits, Runaway Debts If you
want to know how the Keynesian Cargo Cult's grand experiment in borrowing money
to fund bloated fiefdoms, rapacious cartels and bridges to nowhere ends, just
look west (from California) to Japan. The Japanese State, partly because they
seem to believe in the Cargo Cult, and partly to avoid exposing the insolvency
of their crony-capitalist financial sector, has been borrowing and spending
money on a vast scale for two decades. Rather than face the fraud and
corruption at the heart of American (and Japanese) finance and governance, the
Keynesians just want to leave the predatory, parasitic crony-capitalist Status
Quo intact and create an illusory world of bogus "demand" and
grotesque malinvestment funded by ever-increasing debt. Does anyone seriously think this is the "road to recovery"? If you
want a look at the fiscal future of the U.S., look west to Japan, a nation that
sits precariously on a fiscal cliff a thousand feet high. , US
Homeowners Launch Class Action Suit Against LIBOR-Manipulating Banks , Half
Of Citi's Adjusted Net Income Comes From Loan Loss Reserves; Home Equity Loan
Losses Surge , September
Retail Sales: Seasonal vs Non-Seasonal - Spot The Difference Just when we thought we may finally get one
decent economic data point which even we could get excited about, we decided to
look at the Non-Seasonally Adjusted September retail sales data. After all the
$4.7 billion seasonal increase in headline retail sales was the second highest
ever (in absolute terms, second only to 2004). Turns out our curiosity was an
enthusiasm-dowsing mistake, as a number which on the surface looked good, was
hardly validated by the Not-Seasonally Adjusted number, which plunged by $31.9 billion. How
does this September sequential change compare to previous years? See the chart
below and decide for yourselves if the massive NSA plunge in September 2012
merits the second best seasonally adjusted retail sales increase in history.
Submitted
by Tyler Durden on 10/15/2012
The
economic data twofer this morning was a beat and a miss. Retail sales
increased by 1.1% on expectations of a 0.8% increase, with the last month's
data being revised from 1.2% to 0.9%. Headline retail sales, ex autos was up
1.1% on expectations of a 0.7% print, and up from an upward revised 1.0%. Some
of the main drivers in the September retail sales pick up were in electronics
and appliance stores, which rose 4.5% from August (thank you iPhone 5),
Gasoline Stations +2.5%, and Motor vehicle and parts dealers 1.3%, which
continue to be a notable driver of retail strength for the second month in a
row. As for the miss, it came from the Empire Fed, which increased from
September's -10.41, to -6.16, but missed expectations of a -4 print. New Orders
improved modestly from -14.03 to -8.97, and ironically was the only subindex in the entire
report that staged an increase. Shipments declined to a negative print, from
2.75 to -6.40. Declines were also recorded in Delivery Times, Unfilled Orders,
Inventories, Prices Paid, Prices Received, the average Employee Workweek, and
most importantly, Number of Employees which declined from 4.26 to -1.08. Not
even the forward looking indicators, so critical to consumer
"confidence" managed to rise, dropping from 27.22 to 19.42.
Submitted
by Tyler Durden on 10/15/2012
10-12-12 Dave’s
Daily: http://www.etfdigest.com ‘OCTOBER DATA REMAINS QUESTIONED 10-12-12 It’s hard to
accept a lot of the data being released lately. Once trust in the data is lost
investors will sour on releases for a longer period than you might expect. This
began last week Friday with the release of the employment report. Yes, Jack
Welch jumped on it as not credible and political. He was dismissed as an old
crank. But the data still remained counterintuitive to most. Then came Jobless
Claims Thursday recklessly released by the Bureau of Labor Statistics (BLS)
when it was incomplete. Away from the BLS Friday was the U of Michigan Consumer
Sentiment report which showed a spectacular and historical beat of estimates
(83.1 vs 78.3 expected & prior 78.3). This is also weird since the number
one thing commonly affecting consumers are energy prices which are historically
high. It might be that households think current WH occupants will change in the
future. Is that a reasonable conclusion? It’s the only thing I can think of frankly.Friday the BLS was
once again in the picture releasing the Producer Price Index which was still
higher (1.1% vs .8% expected & prior 1.7%). But wait, what the BLS and
officialdom wants you to pay attention to are the so-called “core” rates. For this data point
ex-food and energy there was no inflation (0% vs .2% expected & prior .2%).
So headline writers (MarketWatch: “PPI Confirms Fed’s No-Inflation View”) and Fed governors can tell people there is no inflation
and what exists is dismissed as “transitory”. Monday will feature the
Consumer Price Index including the headline number and “core” rate again. Let’s remember these data
points have been massaged and altered over since 1980 several times to get the
data to a point where entitlement payments by the government to recipients are
more manageable. This is quite silly and there is a lot of trickery in the
entire process. For example, while TVs, autos and Nike Lebron specials
may cost more today, the BLS asserts you’re getting more for your money ergo no inflation. So when
you growl over prices at the supermarket or gas pump do you feel thankful that
the “core” rate is deemed too
volatile to be credible even though you consume this stuff every day? I thought
not.J.P. Morgan (JPM) delivered good earnings that beat expectations ($1.40 vs
$1.21) and Jamie Dimon asserted to all that the housing market has now “turned the corner”. Wells Fargo (WFC)
followed with earnings ($.88 vs $.87 estimated) after adjustments. The bottom
line is both stocks fell on the day.Stocks just can’t seem to keep the bullish
trend going as October unfolds. Most indexes were down 2-3% on the week posting
their worst week in 5 months. Concerns about Spain once again surfaced about if
and when a bailout would be requested also weighed on stock prices. The other
day some had wondered if Spain would “opt-out” of the euro
and move back to the peseta which sounds seductive but actually isn’t. Who would then buy their
bonds? Is there a lack of trust in government data building? Perhaps. It may
also be due to the previous narrative that Obama would be reelected which
seemed bullish for some reason. Now a possible Romney election means more
uncertainty given bulls knew what they had with him. With either person winning
the so-called “fiscal cliff” looms. And, I admit this
is all speculative on my part.The dollar (UUP) was slightly weaker but gold
(GLD) was much weaker. As indicated stocks couldn’t get out of their own way
and were led lower by banks (KBE), financials (XLF), homebuilders (ITB),
semiconductors (SMH) and miners (GDX). Bonds (IEF) were firm and commodities
(DBC) overall were weaker. Volume still remains ultra-light and breadth per the WSJ was
negative…’ , Bear market may begin Tuesday
{ We are in a secular bear market (foolishly) obfuscated by fiat paper currency
creation/printing! } , Did Bernanke Bluff About QE3? http://albertpeia.com/bernankebluff.htm , Visualizing America's Economic
Freedom Plunge ZeroHedge.com
As we noted last week,
the US, long considered the standard bearer for economic freedom among large
industrial nations, has experienced a rather remarkable plunge in economic
freedom over the last decade. This excellent infographic summarizes what
factors drove us here, which countries are on the rise, and why we are more
like Venezuela, etc., than many would like to believe. , Guest Post: Opening Pandora’s Box: If Israel Strikes Iran,
What About Hezbollah?
, Mike Krieger Topples The Last
Domino With the election right around the corner, the chickens are going to
come home to roost. Our ability to print our own currency and buy
all the commodities we want with it is the exorbitant privilege that allowed us
to export most of the problems within the monetary system elsewhere
first. As Nixon’s Treasury Secretary John Connelly said when
confronted by a group of European Finance Ministers: “it’s our
currency, but your problem.” At the time he was correct, as we were at the
very beginning of the fiat dollar standard. 41 years later the system is
in its final days and our currency is about to become our problem as well. There were always going to be massive consequences to keeping this
ponzi alive. The main point here is one I was hammering on in my
last piece The Global Spring.
You can only push people so far into hardship before things snap.
They snapped in North Africa. They snapped in Southern Europe. They
snapped in China. They are about to snap here. Oh, and one last
thing. What do you think all of this
signals for corporate margins? , Retirement: The Scary Numbers
Behind The Soothing Lies
, Guest Post: About That
"No Recession" Call
The usual definition of a recession
is GDP goes negative. { If real inflation numbers are used, recession and
contraction are already here! ( 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…’) } But this isn't necessarily true. Notice
that GDP never went below the zero line in the 2001 recession. Dipping close to
zero was good enough. The more interesting line is our composite of economic
activity. We can pose the
"recession" question in this way: if real investment, net earnings after
debt service and M2 money are all puking, how can the economy be "growing
slowly but steadily"? , NASDAQ Drops Most In 5 Months
As Leaders Languish , Kaminsky On
"Hypocrite" Biden: "I'd Have Punched Him In The Face" , S&P Futures Break 50DMA
‘… From the
day before Draghi's spike, the VWAP (volume-weighted average price) for S&P
500 futures is 1444.5 - so on average in aggregate buyers are now losers...’ , Charts Of The Day: Why America
Needs To Embrace The Fiscal Cliff Instead Of Kicking The Can Once Again , Santelli And Shiller On
Housing, Animal-less Spirits, And Bernanke's Impotence "We've
seen rallies that fizzle before" is why Bob "I don't see the reason to call this a major turning
point" Shiller is not calling the bottom in the housing market as
he notes that while momentum helps, "right now it is partly
seasonal" in an excellent reality-based discussion with CNBC's Rick
Santelli. From the rise and fall of Greenspan's nationwide housing market
correlations (not convinced this is anything but idiosyncratic) to the fact
that a 'bottom' does not mean a recovery is coming and his expectations of
longer-to-wait; the esteemed gentleman, dismissing concerns over rising
interest rates and house prices - and pointing out how mortgage rates do not
help forecast a house price recovery, makes a vital point: "Why the urgency" to buy a house? Despite
the 'money for nothing', Shiller and Santelli explain there is "no way for Bernanke to change our 'animal spirits'" and his
ZIRP is in fact psychologically damaging not invigorating. Absolute
must watch!
Submitted
by Tyler Durden on 10/12/2012
http://albertpeia.com/allfornaught.htm
10-11-12 Dave’s Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU
10-11-12 You can almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data was
released. The data (339K vs 370K expected & prior, as usual, revised higher
to 369K from 370K) was later explained by the BLS as a problem with “one large state didn’t report additional
quarterly figures as expected, accounting for a substantial part of the
decrease”.
Well that will do it. So an early rally based on incomplete information was
undone as the day wore on. So the result
was wasted buying power from my view. Other
economic data included The U.S. Trade Deficit ($-44.2B vs $-42.5B) and the
Bloomberg Consumer Comfort Index fell (-38.5 vs -36.5). Newly appointed Fed Governor Jeremy Stein spoke today
and the bottom line was this quote regarding the effects of QE: “…giving a significant
boost to stock prices.” I think that sums things up neatly. The dollar (UUP) was slightly weaker and gold (GLD)
slightly higher. Commodities (DBC) and oil (USO) were also higher. Bonds
rallied as stocks fell into the close. Stocks were led lower once again by
disappointment in tech (XLK) and an appeals court decision to stop a ban on
Samsung selling its phones to benefit Apple (AAPL). The latter continues to
suffer losses. Consumer Discretionary (XLY) and Homebuilders (ITB)
were also weak…’ , Marketwatch: Florida
poll shows Romney leading Obama by 7 points ,
FOX: Stocks: More decay is on the
way In times like these, a medium-term speculator's prey is usually
found in the more-speculative climes of the market, i.e. Nasdaq titles. , Poll: Romney leads Obama in
Florida by 7 points
Obama's Lucky Charms: A Hindu
God In His Pocket, A Masonic Emblem, And A Ring That Says "There Is No God
Except Allah" http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero, Muslim/Hindu/Christian,
for Wall Street/against Wall Street, prosecute/no prosecute, war/no war, say
one thing/do another, truth/no truth, etc.. wobama’s gotten’ by on
b***s*** and ‘special consideration’ alone, never having done anything of
substance in his entire life. Indeed, even his so-called ‘auto-biographies’ are
works of what appear to be ‘choom-gang’ induced fantasies which reveal a
psychogenic/dissociative amnesia that works well in the continuing ‘narrative’
devoid of fact on his ‘more b*** s*** campaign trail’ littered with the cowpies
of stark reality. People owe themselves and their children more than this
grifter’s con which in numbers measures more than the increased deficits of all
the presidents since President General Eisenhower combined to obfuscate his
unequivocal failure. Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
Dave’s
Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU 10-11-12 You can
almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data
was released…’
Jack Welch: I Was Right About
That Strange Jobs Report
WSJ | The 7.8% unemployment figure released by the
BLS last week is downright implausible.
- The US
Labor market noted that one state accounted for the entire drop.
- It is the first week of the quarter which historically adds volatility,
especially with expectations of a seasonal adjustment.
- Extended benefits rose (+13,802) in the latest week due to the state of NY
returning to the program starting Sept 9th.
Update
details:
- Although
initial upside was seen in US stock futures, most of the move has since been
pared as attention paid to these factors.
Al Peia • (posted to
Yahoo News) What large
state? Nobody seems to care. That state's going to pay for the
scam/fraud/corruption. What state?!
A Dash Of Hair Transplant And
Just Add Laughter
ZeroHedge.com We always said
that the presidential race in a country in which 40% of spending on wars,
entitlements, interest on said debt, etc. is funded by debt (purchased
mostly by foreigners and monetized by the Fed), is moot, and is merely one big
tragicomedy designed to evoke nothing but laughter (especially since it is the
creditors who call the shots). Today, we see that at least Joe Biden got the
memo. , We Are On The Road To Serfdom We are
now five years into the Great Fiat Money Endgame and our freedom is
increasingly under attack from the state, liberty’s
eternal enemy. It is true that by any realistic measure most states
today are heading for bankruptcy. But it would be wrong to assume that ‘austerity’ policies
must now lead to a diminishing of government influence and a shrinking of state
power. The opposite is true: the state asserts itself more forcefully in the
economy, and the political class feels licensed by the crisis to abandon
whatever restraint it may have adhered to in the past. Ever more prices in financial markets are manipulated by the central
banks, either directly or indirectly; and through legislation, regulation, and
taxation the state takes more control of the employment of scarce means. An
anti-wealth rhetoric is seeping back into political discourse everywhere and is
setting the stage for more confiscation of wealth and income in the future. This will end badly. , Debate Post-Mortem: Wreckin'
Raddatz, Laughin' Angry-Boy Biden, And Vice President Ryan , Visualizing America's
Education , The Forecasting Folly Of
Equity Valuations And Earnings Growth , Fed's "Other Assets"
Hit All Time High Of $205 Billion
, Guest Post: Trade Deficit -
Recession Risks Increase
, Do 20% Of Firms Cheat On
Earnings? ‘…To wit, Bloomberg notes a recent paper (below) that finds 20% of CFOs will "manage earnings to misrepresent economic
performance" with 93.5% admitting it is to influence the stock
price. 'Red flag's include EPS inconsistent with cash-flows, unusual
accruals, or an industry outlier. Amid pressure to maintain stock prices
(and keep a career going), 60% of
earnings 'management' is to increase income and of course 66% of CFOs hope for
fewer accounting rules going forward.
, Goldman's Cohn On The Fed's
One Way Con While stating
the somewhat obvious - that the Fed's
actions will cause 'pain' when they (try to) stop QE - when it
comes from a high-ranking officer of the establishment elite (as opposed to
a tin-foil-hat-wearing, BLS-exposing, HFT-undermining, fringe blog) such
as Goldman Sachs' President Gary Cohn, perhaps more mainstream will begin to
question the one-way path we are on. Cohn's interview on Bloomberg TV ranged
from his reading habits (Greg Smith's tell-all) to the world's central bank
printfest and how "we will have to go through the
pains of stopping QE".. , Cashin Remembers Germany's
Hyperinflation Birthday , The Collapse Continues: Greek
Unemployment Rises For 35th Consecutive Month, Passes 25% , Charting The 'Housing
Recovery' Subsidy: Foreclosures Slide To Five Year Lows A month ago,
when RealtyTrac posted their latest US foreclosure numbers for the month of
August, we presented what we called was the "Foreclosure Stuffing" thesis,
explaining the explicit subsidy by the banks for the housing market, whereby
the entire foreclosure process has now ground to a halt, and in doing so
removing millions in inventory flow from the distressed end market, forcing
limited buyers to chase what supply there is, and in the process boosting
prices of existing inventory higher. In other words a traditional inventory
removal-based subsidy. It is therefore not surprising that today RealtyTrac
reported the latest foreclosure data, and lo and behold, just as we expected, the great foreclosure collapse has taken another leg lower, with the
total number of foreclosures for the month of September sliding to 180.4K, a
decrease of 7 percent from the previous month and down 16 percent from
September 2011, and the lowest in five years!
Submitted by Tyler Durden on 10/11/2012
With
government bond markets increasingly manipulated directly via central-bank
intervention - and becoming increasingly illiquid - the odd situation we find
ourselves in once again is that CDS markets perhaps provide a 'cleaner' picture
of where credit risk is actually being traded between market participants
(hedgers or speculators). To wit, Bloomberg's ever-insightful Michael McDonough
has noticed a significant divergence between market-implied perceptions of risk
(CDS) and ratings-agencies perceptions among several nations. Most notably France and Italy (with Belgium close behind) appear
considerably 'over-rated'. Italy's implied rating is equivalent to BB+ at
S&P - well below its average rating of BBB+ and France's implied rating of
A is around four notches below its composite rating. Spain also appears set
for more pain as its market price implies a sub-investment grade rating is
imminent.
Submitted by Tyler Durden on 10/11/2012
This is
just getting stupid. After expectations of a rebound in initial claims from
367K last week (naturally revised higher to 369K), to 370K (with the lowest of
all sellside expectations at 355K), the past week mysteriously, yet so very
unsurprisingly in the aftermath of the fudged BLS unemployment number, saw
claims tumble to a number that is so ridiculous not even CNBC's Steve Liesman
bothered defending it, or 339K. Ironically, not even the Labor Department is
defending it: it said that "one
large state didn't report some quarterly figures."
Great, but what was reported was a headline grabbing number that is just
stunning for reelection purposes. This was the lowest number since 2008. The only
point to have this print? For 2-3 bulletin talking points at the Vice
Presidential debate tonight. Everything else is now noise. It is also sad that
the US "economy" has devolved to such trivial data fudging on a week
by week basis, which makes even the Chinese Department of Truth appear
amateurish by comparison. Needless to say, Not Seasonally Adjusted initial
claims jumped by 26K to 327K in the past week but who's counting. Finally, what
is the reason for ongoing QEternity if the employment situation is now back to
normal. Finally, in completely ignored news, because who needs global trade
when you have toner cartridge, and generally ink, the US trade deficit in
August rose by 4.1% to $44.2 billion, on expectations of a deterioration to
$44.0 billion. Then again nobody talks about the US trade deficit during
presidential debates so all good here.
10-10-12 Dave’s Daily: http://www.etfdigest.com ‘OCTOBER REMAINS A TOUGH MONTH 10-10-12
The IMF was
active once again Wednesday this time telling eurozone banks it must
divest themselves of $4.5 trillion (with a “T”) of assets over the next 12
months. Note to central banks: “You’re gonna need a bigger printing press.”
That comment heaped atop previous advisories didn’t help markets Wednesday.The
Fed’s Beige Book was released at 2 PM and it offered little news beyond what we
already knew. Further Fed
Governor Kocherlakota chimed-in from Disneyland saying the Fed could
keep interest rates low for the next four years. If markets are forward looking
what’s to like about that assessment? Earnings news from Alcoa (AA) was
viewed Wednesday as a disappointment which pounded the materials sector (XLB).
After their release Tuesday post NY close they actually beat estimates but this
didn’t matter since their guidance relative to Chinese demand was weak. Chevron
(CVX) earnings missed occasioned by Hurricane Isaac production stoppages. Tech
continued to remain weak with semi’s like Intel (INTC) leading the sector
(SOXX) lower. But all wasn’t lost as Yum Brands (YUM) earnings rose, Wal-Mart
(WMT) stated it would open more small-scale stores and Costco (COST) reported
good earnings. Also FedEx (FDX) gained nearly 5% on cost-cutting initiatives
(read, lay-offs). Overall there isn’t anything we already weren’t expecting
from earnings. Bulls were counting on QE3 to support what they already knew to
be a tough earnings season. Perhaps QE had become well priced-in and/or has
lost some of its effectiveness. After all, how many times can you go to the
well on this? The dollar (UUP was slightly weaker and precious metals (GLD
& SLV) were mostly flat while commodities overall (DBC) were slightly
weaker led lower by oil (USO). Bonds (IEF) were higher in price and lower in
yield as is normally the case...’ ,
UNSUSTAINABLE
http://albertpeia.com/unsustainable.htm ,
Marketwatch: Euro
erases gains after Spain downgraded S&P
cuts Spain's rating to one notch above junk ,
FOX: Playing games with pensions Public
pensions are severely underfunded, threatening the retirements of government
workers and taxpayer wallets. 401(k)s in 'plain English'? Plan providers are now required to explain
all the costs, but many critics say Wall Street seems intent on drowning them
in paperwork and fine print.
Jack Welch: I Was Right About
That Strange Jobs Report
WSJ | The 7.8% unemployment figure released by the
BLS last week is downright implausible.
Goldman Sachs ‘in bid to
change’ Volcker rule
AFP | Goldman Sachs is seeking changes to the Volcker
rule, which keeps banks from speculative trades in their own accounts.
Natural News | What’s the problem? Isn’t something yours to do with as you please once you
buy it? Hasn’t it been that way forever?
Forget Class-Warfare; It’s
Age-Warfare We Should Worry About
zerohedge.com | The real divide in this nation is
not between rich and poor but old and young. .”
Alert: Highly Sophisticated
Large Scale Cyberheist Targets Customer Funds at Major U.S. Banks
Mac Slavo | A credible threat to the U.S. banking
system has been identified by cyber security firm RSA.
10-9-12 Dave’s
Daily: http://www.etfdigest.com ‘BRING OUT THE BEARS 10-9-12 … successive reports from
the World Bank (Monday) and IMF (Tuesday) that global economic growth was going
to decline. This isn’t really news
now is it? Just about every forecasting organization has stated this as a
given. But in the absence of other news investors needed an excuse to do some
selling.I’ll bet you’re like most people and don’t really understand the
distinction between these two entities. Per the IMF is this brief description:“The World Bank and the IMF
remain distinct. The fundamental difference is this: the Bank is primarily a
development institution; the IMF is a cooperative institution that seeks to
maintain an orderly system of payments and receipts between nations. Each has a
different purpose, a distinct structure, receives its funding from different
sources, assists different categories of members, and strives to achieve
distinct goals through methods peculiar to itself.”Got that? They have
occupied the same building, held joint conferences, share a common library
exchange economic data, present joint seminars, daily hold informal meetings
and may send out joint missions to member countries. They are funded by a
variety of member countries (you and me in particular) and often make money on
lending. Since their lending activity dried-up in 2009 they sold 212 tons of gold
(with the consent on the U.S. Congress) to other central banks to keep the
organization funded and everyone employed. (A good deal? Not!) In other words
they’re similar to the UN formed
during the post WWII era and just about as effective. They probably have
outlived their usefulness but once you get these organizations started it’s an exercise in futility
to eliminate them. Why do you think so many luminaries from around the globe
want top jobs there? They’re lucrative
and terrific benefits including jets and 5 star hotels.Meanwhile in other news
the U.S. government has sued Wells Fargo (WFC) claiming fraud in mortgage
underwriting and falsely certifying FHA loans. That was felt in Omaha and on
Wall Street. I guess Buffett didn’t get a heads-up from the White House. Oil prices (USO) rallied
even as the dollar (UUP) climbed which is unusual. Perhaps these are tensions
being exhibited from the Middle East. Prior to the first Gulf War oil prices
were climbing out of a long trading range a few weeks before the Iraq invasion
of Kuwait. Obviously some players knew what was about to happen in advance. Let’s see what’s up now. Aside from oil
most commodity prices were weaker (DBB) & (GLD) while the heavily weighted
energy sector (DBC) was higher. Also a story is making the rounds that Spain could or
even should just opt out of the euro in lieu of accepting harsh
conditions from the troika.Stocks overall sank led by technology (QQQ) &
(XLK) once again as Apple (AAPL) continued its slide but Intel (INTC) and semi’s overall (SOXX) led the
way down. Also much weaker were homebuilders (ITB) which needed some
consolidation. The confusion in markets threw-off other relationships such as
weaker bonds and weaker stocks. After the close Alcoa (AA) released earnings
which are always highly anticipated but have more complexity and “adjustments” than even the BLS can
conjure up. The report just released showed a loss of 13 cents vs previous 15
cent profit. Revenues were lower at $5.83 billion vs $6.42 billion prior but
beat estimates of $5.56 billion. Adjusted earnings 3 cents vs 0 cents expected.
Oh the joy! Volume overall was much heavier than on recent days but
still light overall. Breadth per the WSJ was negative...’, 28 Good Questions That The
Mainstream Media Should Be Asking
http://albertpeia.com/28questionsmainstreammediashouldbeasking.htm , S&P:
Q3 downgrades far outpace upgrades Marketwatch , Wall
Street should shrink , pay smaller bonuses Marketwatch
, U.S.
stocks finish lower on earnings anxiety, IMF Marketwatch , Uncle Sam Prepares To Unleash
Up To 30,000 Drones Over America For "Public Safety" Zerohedge.com , The ECB-Driven Toxic Debt Loop
At The Heart Of Europe's Misery
, Guest Post: The Unstimulus If
your predictions are wildly out-of-whack with reality, you need to change your
approach. Jared Bernstein and Christy Romer Administration
predictions have been an unmitigated disaster. Not only did the real figures
not match up to the advertised ones, but they are also much worse than the
baseline expectations. Romer and Bernstein appear to have both severely
under-estimated the depth of the crisis, and over-estimated the effectiveness
of the stimulus package. Obama might talk about spreading the wealth around, but the aggregate
effect of the policies pursued during his administration have squarely benefited large corporations and the financial sector, and not
the middle class or small business. Is
reinflating financial bubbles and pumping up corporate profits Obama’s idea
of recovery? The money isn’t trickling down, and small businesses and the middle
class are more in debt than they
were before the crisis started.
, European Banks Need To Sell Up
$4.5 Trillion In Assets In Next 14 Months, IMF Warns While yesterday it was the sovereigns who
suffered the wrath of the IMF's wholesale growth outlook downgrade (unbeknownst to Christine
Lagarde), today it is the turn of the financial sector (which is
increasingly being blurred with the former in a world in which central banks
are used to both backstop bank liabilities and fund endless public deficits,
unafraid of the consequences in a closed loop fiat world in which defection is,
so far, impossible) to be greeted by a cold dose of reality emanating from the
IMF's "Global Financial Stability
Report" especially as pertains to Europe's insolvent banking
system. The most notable finding of said report is the admission that the IMF
was only kidding when it said six months ago, in April of this year, that the
worst case outlook now has European banks deleveraging to the tune of $3.8
trillion through the end of 2013, or over the next 14 months: now this number
is 18% higher, or a gargantuan $4.5 trillion (12% of bank assets). This is how
much debt Eurobanks will need to shed in a "weak policies" case in
which Europe continues to delay implementing fiscal reform, aka austerity, as
per Figure 2.14. Even the baseline (and this being the IMF it means it has zero
chance of happening) scenario is not much better, at a revised $2.8 (7.3%)
trillion in deleveraging. The reason for the increase is due to "lower expected earnings, higher losses linked to worsened economic
conditions, and greater funding pressures on banks." , Guest Post: Are Businesses
Quietly Preparing For A Financial Apocalypse? US corporations are sitting on more cash
than at any point since World War II. That's without including banks.
We're only talking about nonfinancial corporations – the ones
that sell goods and services and make the economy go. Those businesses hold
$1.4 trillion. As
investors, we can infer quite a bit from corporations' inability (or
unwillingness) to deploy their cash. For one, it indicates that business
have assumed a very defensive stance. Cash, of course, is a buffer against
uncertainty - the uncertainty that business slows for any reason. But $1.4
trillion? That tells us that businesses are not just a little jittery
about the future. They're prepared for an
apocalypse. , Bill Gross' Advice To Asset
Managers: "Turn Lead To Gold" At least he did not say Tungsten...Gross: Stock and bond managers today must be alchemists:
turn lead into gold. NOT likely. Too much lead (bubbled assets). , Charts Of The Day: 111 Years
Of Federal Tax And Spending , Everything You Need To Know
About Resolving The Fiscal Cliff But Were Afraid To Ask , Global Growth Reality Hits As
Cummins Cuts Guidance And 1500 Jobs
, Jack Welch Terminates Contract
With Reuters, Fortune In Aftermath Of Infamous Tweet , Guest Post: NFIB - Small
Businesses Don't Agree With BLS
Since the release of the most recent BLS Employment Situation Report,
which showed an astounding drop in the unemployment rate, we have spent a good
bit of time dissecting the release and discussing why the real unemployment
rate is really between 17% and 22% depending on how you calculate it. (See
Here and Here) However,
today's release of the September NFIB Small
Business Survey shows the extent to which the current BLS employment
calculation method may have detached from reality. No matter
how you look at the data there is a clear disconnect between the BLS report and
economic realities. From the NFIB's point view it is "economic
uncertainty" that weighs on business owners and keeps them on the
defensive. The actions by the Federal Reserve to buy bonds and inject
liquidity into the financial system does not solve the problem of "poor
sales", reduce regulations that strangle growth or solve the "fiscal
cliff" issues that threaten business profitability by the end of the
year.
Mysterious Algorithm Was 4% of
Trading Activity Last Week
CNBC | A single
mysterious computer program that placed orders — and then subsequently canceled them — made up 4
percent of all quote traffic in the U.S. stock market last week.
Goldman Issues Strong Sell On
Obama As Firm Refuses To Vote With Its Wallet
Zero Hedge | Goldman
Sachs money moves away from virtually anointing Obama in 2008 to shunning him.
From Zero Interest Rate To
Zero Retirement: How The Fed Doomed Elderly Americans To Endless Work
zerohedge.com | Fed is
spinning its wheels by sticking to the old model of trying to stimulate growth.
IMF warns global economic
slowdown deepens, prods U.S., Europe
Reuters | The IMF said the global economic slowdown
is worsening.
A Second Greek Man On ‘The
Lagarde List’ Has Been Found Dead
Business Insider | Since Friday, two men on the list
have turned up dead in apparent suicides.
Food is the New Oil and Land
the New Gold: Lester Brown
Daily Ticker | The United Nations food agency reports
that food prices are rising again.
Medicaid Fraud in the Billions
New American | The amount, just in New York, is
estimated by Issa’s committee to be in excess of $15 billion,
equivalent to $1.9 million per patient per year!
http://albertpeia.com/19numbersusturningfromchristianity.htm
10-8-12 The Largest Economy In The
World Is Imploding Right In Front Of Our Eyes http://albertpeia.com/largesteconomyimploding.htm , MF cuts
2012, 2013 global growth forecasts Marketwatch , The Inflation Rate Is A Lie
Too http://albertpeia.com/inflationrateisalietoo.htm ‘…In fact, the way that the government calculates
inflation has changed more than 20 times since 1978. The government
is constantly looking
for ways that it can make inflation appear to be even lower. According to
John Williams of shadowstats.com, if inflation was measured
the same way that it was back in 1990, the inflation rate would be about 5
percent right now. If inflation was measured the same way that it was
back in 1980, the inflation rate would be about 9 percent right now. But
instead, we are expected to believe that the inflation rate is hovering around
2 percent. Well, anyone that goes to the supermarket or fills up their
vehicle with gasoline knows that prices are going up a lot faster than
that. Just about everything that we buy on a regular basis is steadily
becoming more expensive… one of the reasons why he says that more money
printing ("quantitative easing") is okay is because we are in a
"low inflation" environment at the moment. Sadly, this is exactly the
kind of delusional thinking that led to the horrible crisis in the Weimar
Republic back in the 1920s. Quantitative easing did not work for the Weimar Republic,
and it is not going to work for us either. But it will cause the prices of the things that we buy on a
regular basis to go up even more…’ , Is China an economic miracle,
or one massive Government-Sponsored fraud? http://albertpeia.com/chinamiraclegovernmentfraud.htm , Spain: How One Country Could
Take Down the Entire EU Banking System http://albertpeia.com/spaincouldbringdowneubanksystem.htm , Dave’s Daily: http://www.etfdigest.com 10-8-12 ‘..The markets were weak most
of the day and that included the Fed’s printing press given Columbus Day. It’s also a holiday in Spain
(Fiesta Nacional if you care).The important
events in the markets were twofold. First, Apple (AAPL) stock continued its
recent slide on fears the mini-iPad would be successful and strike worries in
its China plant. Second, the World Bank downgraded
economic growth in East Asia to 7.2% below last year’s 9.3%..’ , The IMF's Lagarde Is Unaware
What The IMF's Market-Moving Report Contains ZeroHedge.com , IMF Cuts Global Growth, Warns
Central Banks, Whose Capital Is An "Arbitrary Number", Is Only Game
In Town , Moody's Slaps ESM With
Negative Outlook On Day Of Its Official Launch , Stocks Lose Half Of Last
Week's Gains With AAPL Back Under $600 Billion Market Cap , Why The Market Should Not
Expect A Bounce If A Fiscal Cliff 'Compromise' Is Reached , European Equities Give Back
Friday's Gains As EUR Tumbles Most In Almost 3 Months , China Sums Up US Financial
Innovation: "Smart Kids Picking People's Pockets Is Not Very Good" When fringe-blogs highlight the reality of
the US banking system and its financial engineering as nothing but overly
complex three-card-Monte, it can be shrugged off; but when the head of China's sovereign wealth fund (yes the
same one that will bail the world out) notes that the JPMorgan loss highlights a system that has become too
complex, perhaps some should listen. As Bloomberg BusinessWeek reports,
Gao Xiqing of CIC stated that "I think we do need to slow down a little
bit instead of rushing up to all these fancy derivatives." The fact that
the 'whale' loss was not a rogue trader but a systemic decision gone wrong on
weak risk management of an overly-complex position was "the single most
revealing thing" to Gao as he expressed
concern about a society in which "all the best engineers are engineering
financial products." Summing up the entire ethos of US financial
innovation he concluded: "You have all the smartest kids to design these
products, the only purpose of which is to get
money out of other people’s pockets, that is not very good."
Submitted
by Tyler Durden on 10/08/2012
Risk averse
sentiment dominate the session, as market participants looked forward to the
latest European finance ministers meeting who are due to discuss Spain’s finances,
as well as Greece, which is yet to formalise spending cuts in order to receive
the next aid tranche. Reports that China's economic growth is expected to have
slowed to 7.5% in Q3 from 7.6% in Q2 weighed on basic materials and industrials
stocks. The World Bank cut its 2012 GDP forecast for China to 7.7% from 8.2%;
2013 to 8.1% from 8.6%. Uncertainty surrounding the never-ending sovereign debt
crisis in Europe weighed on financials, and in turn translated into lower 3m
EURUSD cross currency basis. Peripheral bond yields rose, with Italy
underperforming, ahead of the supply later on in the week. Going forward, given
the Columbus Day holiday across the pond, trade volumes are expected to be
below the average.
Submitted
by Tyler Durden on 10/08/2012
Police: "Enter
(niggertown) Detroit (and niggertown chicago) At Your Own Risk (and any other
towns where there are niggers in abundance) " http://albertpeia.com/detroitdeathsdoor.htm
Romney
leads by four points in post-debate survey
Drudgereport:
GALLUP: 5-POINT ROMNEY BOUNCE...
PEW: 18-point shift among women...
POLL: Romney leads among independents 51-35...
R closes gap in Michigan...
University of Colorado: Updated
election forecasting model still points to Romney win...
10-5-12 Drudgereport: REALLY! 7.8%
Total employment 'highest one-month jump in 29 years'...
Welch: President manipulating numbers after (pathetic)
debate performance...
BLS economists donate to Obama campaign?
Rate Plummets to 4.3% -- For Govt Workers...
Report met with suspicion...
ROMNEY: Rate more like 11%...
Read more: http://www.businessinsider.com/jack-welch-obama-jobs-report-numbers-romney-2012-10#ixzz28QfCZ67d
JACK WELCH: Obama Is
Manipulating The Jobs Numbers Because His Debate Performance Was Awful
Business Insider | Former GE CEO Jack Welch’s reaction
to non-farm payrolls adding 114,000 new jobs in September and the unemployment
rate falling to 7.8 percent. Welch: Obama manipulating
numbers after debate performance...
{ There are some people (and their assessments) that you might dismiss
as light-weight partisans… Jack Welch is not one of them! Indeed, among the rarest breed
historically of exceptional american CEO’s, Welch points to the
folly of preposterously a month before elections, on paltry/pathetic jobs
numbers ( election year temp/part-time for manipulating stats along with the
nebulous ‘stopped
looking’ fudge factor)
, following a disasterous debate showing (of wobama failure and incompetence),
the unemployment rate falls to just below the ‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is
tantamount to the obama 100% employment fantasy where literally everyone but
him has stopped looking for work and hence, not counted in compiling the
unemployment rate (and then those jobs in the millions lost and gone forever on
his watch - what a banana republic!). Come on, wake up!: JACK WELCH: OBAMA IS MANIPULATING THE JOBS
NUMBERS BECAUSE HIS DEBATE PERFORMANCE WAS AWFUL…UNBELIEVABLE
JOBS NUMBERS…THESE CHICAGO GUYS WILL DO ANYTHING…CAN’T DEBATE
SO CHANGE NUMBERS. }
Zero Hedge | We already noted the
absolutely stunning surge in reported Household Survey jobs which “added”
873,000 jobs.
The following is a sampling of skeptical quotes about this jobs report....
Former GE chief Jack Welch
Unbelievable jobs numbers..these Chicago guys will do
anything..can't debate so change numbers
Chapwood Capital Investment Management Managing Partner Ed Butowsky
I feel like I’m watching a
movie. There is no way in the world these numbers are accurate.
Neil Irwin of the
Washington Post
"Weird that payrolls are exactly on forecast but household
survey is far better."
Conn Carroll, senior
editorial writer for the Washington Examiner
While it is highly improbable that BLS conspired to cook the
books, there is still a huge 756,000 job gap between the number of jobs
employers told the Labor Department they created in September (114k), and the
number of Americans who told the labor department that they got new jobs
(873k).
U.S. Representative Allen West
I agree with former GE CEO Jack Welch, Chicago style politics is
at work here. Somehow by manipulation of data we are all of a sudden below 8
percent unemployment, a month from the Presidential election. This is Orwellian
to say the least and representative of Saul Alinsky tactics from the book
"Rules for Radicals"- a must read for all who want to know how the
left strategize . Trust the Obama administration? Sure, and the spontaneous
reaction to a video caused the death of our Ambassador......and pigs fly.
Gluskin Sheff's David Rosenberg
That the 7.8 percent jobless rate takes it to the level that
prevailed when the President took office in January 2009 has raised many an
eyebrow. I don't believe in conspiracy theories. But I don't believe in the
Household Survey either.
This notoriously volatile indicator has become even more so in
recent months. It showed a 195K slide in July and a 119K decline in August, to
only then reveal a massive 873K surge in September.
Radio host Laura Ingraham
"Jobs #s from Labor Secretary Hilda Solis are total
pro-Obama propaganda--labor force participation rate at 30-yr low.
Abysmal!"
Americans for Limited Government
"Either the Federal Reserve, which has its fingers on the
pulse of every element of the economy, and the Bureau of Labor Statistics
manufacturing survey report are grievously wrong or the number used to
calculate the unemployment rate are wrong, or worse manipulated. Given that
these numbers conveniently meet Obama's campaign promises one month before the
election, the conclusions are obvious."
Rick Santelli
of CNBC
"I told you they'd get it under 8 percent —
they did! You can let America decide how they got there!"
Of course
the backlash in the media against skepticism of the jobs report has been very
forceful.
Already,
those that are doubtful of the legitimacy of the jobs report are being called
"truthers" - as if there is something wrong with wanting to know the
truth.
Sadly, that
is how things work these days. If you don't like the viewpoint that some
people are expressing, you just label them "conspiracy theorists".
And when
someone is labeled a "conspiracy theorist", that is code for
"that person is so crazy that you should not listen to anything they
say".
But the
truth is that we live in a world where often people do things that they are not
supposed to be doing.
When
something rather strange happens, it is not wrong to investigate and try to
figure out what is going on.
And this
jobs report seems very, very odd.
It sure
does seem rather strange that the household survey is showing almost 8
times as many jobs created as the employer survey does.
It sure
does seem rather strange that 873,000 more Americans were working in
September (the largest increase in 29 years) after decreases in both July and
August.
It sure
does seem rather strange that the unemployment rate dropped under 8
percent at the exact moment when Barack Obama needed it the most.
But perhaps
all of this is just a coincidence.
What do you think?’
{
JACK WELCH: Obama Is
Manipulating The Jobs Numbers Because His Debate Performance Was Awful Business Insider | Former GE CEO Jack
Welch’s reaction to non-farm payrolls adding 114,000 new jobs in September and
the unemployment rate falling to 7.8 percent.
Welch: Obama manipulating numbers after debate
performance... { There are
some people (and their assessments) that you might dismiss as light-weight
partisans… Jack Welch is not one of them! Indeed, among the rarest breed
historically of exceptional american CEO’s, Welch points to the folly of
preposterously a month before elections, on paltry/pathetic jobs numbers ( election
year temp/part-time for manipulating stats along with the nebulous ‘stopped
looking’ fudge factor) , following a disasterous debate showing (of wobama
failure and incompetence), the unemployment rate falls to just below the
‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is tantamount to
the obama 100% employment fantasy where literally everyone but him has stopped
looking for work and hence, not counted in compiling the unemployment rate (and
then those jobs in the millions lost and gone forever on his watch - what a
banana republic!). Come on, wake up!: JACK WELCH: OBAMA IS MANIPULATING THE JOBS NUMBERS BECAUSE HIS
DEBATE PERFORMANCE WAS AWFUL…UNBELIEVABLE JOBS NUMBERS…THESE CHICAGO GUYS WILL
DO ANYTHING…CAN’T DEBATE SO CHANGE NUMBERS. }
http://albertpeia.com/whichcurrencythecomingdollarreplacement.htm
ZeroHedge.com Submitted by Tyler Durden on
10/05/2012
While the
0.4% perfectly unmanipulated and totally coincidental swing in the unemployment
rate in an Obama favorable direction one month before the election
came at a prime time moment for the market, one hour ahead of the open, setting
the market mood for the rest of the day (which despite all best efforts still
closed red, valiant efforts by Simon Potter and the FRBNY's direct pipe to
Citadel notwithstanding), there was one other, far more important data point
released by the government's department of agriculture, sufficiently late after
the market close to impact no risk assets. That data point of course was
foodstamps (or the government's Supplemental Nutrition Assistance Program,
aka SNAP), and we are confident that no readers will be surprised to learn that
foodstamp usage for both persons and households,
has jumped to a new all time record.... Finally, and putting it all into
perspective, since December 2007, or the start of the Great Depression ver 2.0,
the number of jobs lost is 4.5 million, while those added to foodstamps and
disability rolls, has increased by a unprecedented 21 million.
Submitted by Tyler Durden on 10/05/2012
While we
are told to assume it is entirely transitory and speculation-driven, the price
to drive your brand new GM Truck (leased for 30 years, interest-only via your
EBT card) has never been higher. Do not worry though since this is only
temporarily going to mean 'little Timmy' needs to go without food. As a Public
Service Announcement, we have also estimated that the opportunity cost of every additional $1/gallon is just 16-20 $0.99
iGizmo apps you can do without for a week (but given sentiment surveys it
would seem you do not need any further sedation).
Submitted by Tyler Durden on 10/05/2012
For nearly
30 years, two of the world's largest economic nations (China and the US) have
continually debauched debased the purchasing power of their currency.
For the last 12 years, the rest of the world joined in. So who is winning the
race to debase now? It appears globalization was really all about currency
debasement and exporting inflation (i.e. loss of FX value) with debt being the
inflation buffer (i.e. borrow to afford or vendor-financing - see AMZN). The
problem now is the entire world is saturated with debt and so there is no-one
left to export inflation to anymore. We do indeed live in interesting times.
Submitted by Tyler Durden on 10/05/2012
While
Europe was ripping higher this morning, commodity prices were slipping quietly
lower and Treasury prices higher as the USD was very modestly higher and US
equity futures were treading water. The payroll print provided the fuel to pump us up to within a tick of the
year's highs in the S&P, smashed the USD weaker, twanged Treasury yields
higher and sent Financials and Materials zooming higher. Unable to break those
record highs, stocks reversed as Energy (Oil was sliding once again) and
Tech (AAPL) led them lower. Within a few hours we had retraced the entire
NFP spike in FX and equity markets but Treasury yields kept pushing higher (30Y
+14bps on the week). Gold closes
green on the week while Oil/Silver/Copper were red as the AUD lost almost 2%
against the USD and EUR gained 1%. AAPL tumbled 2%, closing below its
50DMA for its biggest 2-week slide in six months. VIX was jabbed under 14%
briefly but ended fractionally lower on the day at 14.4% (-0.2vols). Equities
and risk-assets disengaged today and equity's inability to manage a late-day
ramp (and AAPL closing at lows) must be a little concerning for the
cheerleaders.
Submitted by Tyler Durden on 10/05/2012
Following a
major miss in July consumer credit which declined by $3.3 billion (since
revised to a -$2.5 billion decline), it was only natural that August would be
the opposite, and see a rebound over consensus. Sure enough, the August total
consumer credit number came in at $2.73 trillion, an increase of $18.1 billion from last month,
on expectations of an increase by $7.25 billion. Why did the number rise? Same
reason as always: a government-funded pump into
non-revolving (i.e., Student and Government motor loan) credit
which soared by $14 billion while revolving credit posted a modest $4.2 billion
increase unable to even offset the July decline. But in headline scanning algo
news, this was the highest jump in post-revision (recall last month the Fed completely redid
its consumer credit series data which is now useless for any analysis going
back before December 2010). Yet oddly even with this massive pump the stock
market has refused to rebound and instead is acting in a very odd fashion and
the now traditional green color of stock moves has taken on an odd reddish hue
that is unfamiliar to the current generation of traders.
Submitted by Tyler Durden on 10/05/2012
While we already presented the explanation for the
dramatic drop in today's unemployment report (almost entirely driven by the surge in part-time jobs for
economic reasons, hardly a thing to be proud of as more and more
full time jobs, especially those on Wall Street, are a thing of the past, while
the transition to a part-time worker society has been documented extensively in the past here),
there is another number that is by far the most perplexing in today's NFP
dataset: that showing the employment of
workers in the 20-24 year age category (both seasonally adjusted and
unadjusted). See if
you can spot the outlier in the chart below.
10-4-12 Dave’s
Daily: http://www.etfdigest.com ‘CENTRAL BANKS STILL IN CONTROL 10-4-12 From the FOMC Minutes we
now know that policy makers are in full experimentation mode. There is division
and the ability to establish benchmarks and an exit strategy are still a work
in progress. This is our currency they’re messing with. Clearly the congress and successive
administrations aren’t really
overseeing policies as much as they pretend. The ECB’s Draghi held
a press conference today announced no decision on interest rates and stated
things were just okey-dokey in Spain and elsewhere. The ECB has purchased no
sovereign debt yet or bonds from banks, and for all we know they never will.
And, let’s not forget
the obligatory restatement from Super Mario that “the euro is irreversible”. This you must take on
face value. In the meantime Spain has stated it wants no part of any so-called
bailout given politically unpalatable conditions. (Maybe they’ll just call it something
else…snicker.) They, like
others, wish to buy time by invading their Social Security trust fund. The U.S.
congress knows how to do this too and we’re mighty proud to lead the way in this! Jobless Claims
Thursday were about as expected (367K vs 370K expected & prior revised
higher as usual to 363K from 358K). This data continues to be poor no matter
the bullish spin. Factory Orders were weak (-5.2% vs .6% expected & prior
2.8%) so that’s a beat then
sort of. We’ll have
Friday’s big employment report to
look forward to and analysts are busy recalculating possible scenarios
(consensus currently 113K jobs & rate still 8.1%). Then there’s that debate from last
night which Romney won. One thing that did was lift coal stocks (KOL) since he
touted it. Anyway, that was just round one with more to come in debates and
then a lot of viciousness.The dollar (UUP) continues to drop allowing precious
metals (GLD & SLV) to rally along with other commodities (DBC & USO)
for example. Bonds (TLT) fell as stocks rallied. We forget stock bulls like the
“weak dollar, strong stock” trade. It does fly in the
face of one of the Fed’s dual
mandates, “protect the
purchasing power of the dollar”.For us we’re just lowly
trend-followers—perhaps with
an attitude—so we’re long markets no matter
how we feel emotionally. After all this is my opportunity to rage at the
machine all I want.So, as indicated, stocks rallied once again led by
financials (XLF), miners (XME), healthcare (XLV) and energy (XLE) among other
others.This will be another short posting given Friday’s potentially market moving
employment report.Volume remained light before the report Friday but clearly
bulls are enthusiastic regarding QE globally. Breadth per the WSJ was positive…’
After the
debate debacle for Obama, we’ll find out if we have a race
Obama mocks Romney as ‘getting tough on Big
Bird’ { Wow! Great point O. I bet that point wasn’t
even teleprompted; strictly your own. Now people know why america’s going down
so fast and furious! } Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... { Wow!
The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you
don’t have to love Romney but you at least have to like yourself in saying
‘NO!’ to more wobama b***s*** which is all that he is. Have some self-respect.
His grade is unequivocally ‘F’ for failure, having failed to do as promised
which coincidentally is a direct cause among others of this debacle called
america’s dark obama years. All the talk/b***s*** cannot change that
reality. Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White
House on weak jobs report: Don’t ‘read too much’ into it Olivier Knox, Yahoo! News { Riiiiight! Sounds like a plan! After all,
wobama’s gotten’ by on b***s*** and ‘special consideration’ alone, never having
done anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings along
macro economic factors which are affected by ‘political considerations’. Does
anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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!
Marc Faber & Jim Rogers On
Our "Clueless, Ignorant, Dangerous" Leaders ZeroHedge.com While the discussions between
these two legends varied from Phat Phong nightlife to Dow 30,000, and from
China bullishness to AAPL bearishness, it was the conversation about the
actions of Bernanke, and more importantly our political leaders that summed up
perfectly the dreadful reality in which we find ourselves. The punchline: "It is very dangerous to have ignorant people believing that they
know something." { Yes! I
absolutely believe that this ‘punchline’ is
both important and accurate but extends far beyond the realm of ‘political
leaders’! } , Artemis Capital "Modern
Financial Markets Are A Game Of Impossible Objects" { I’d say more simply that they’re just
insanely criminal and require complete ablution by severe, substantial and
numerous prosecutions, incarcerations, fines, and disgorgement of the
ubiquitous fruits of their fraudulently criminal labor. There has never been as
now such a total divorcement from all principles of finance/economics in favor
of fraud at every level of society as facilitated by modern technologies
invariably put to bad use in furtherance of the debilitating frauds. } , Iran Arrests Gang-Of-16
'Currency Manipulators' A gang of 16 shady individuals have been
arrested by Iranian officials for allegedly smuggling currencies outside the banking network in order to increase
the value of foreign currencies and to disturb the public. As CNN reports, amid
the protests in the clip below, Iran says the 16 unidentified individuals
"had used an atmosphere of psychological war
created by the enemy" and colluded with "certain domestic and foreign groups" to exacerbate conditions. One of the accused,
allegedly, had $300mm going through a bank account and "will be dealt with soon." Those arrested "were the
main players in the recent fluctuations in the foreign currency market,"
the Tehran Judiciary said in a statement as the public panics over a 60% drop
in its currency's purchasing power in the last few weeks. Of course, a 99% drop
in the USD's purchasing power is acceptable to the US public since it has been
achieved over a century or so...
Submitted
by Tyler Durden on 10/04/2012
UPDATE: ZNGA re-opened -13%, now -16%
That
foundation of social media monetization has just announced a cut to its outlook
and plenty more. The stock is currently halted but its proxy FB is being sold
after-hours...
Who
couldanode? Securitizing synthetic farms and paying huge premia for
acquisitional growth wouldn't pay off? Is OMGPOP accepted as collateral at the
ECB yet?
Submitted by Tyler Durden on 10/04/2012
The fact
that naturally scarce currencies like gold do not hyperinflate — even in
times of extreme economic stress — suggests that the underlying mechanism here is of an
extreme exogenous event causing a severe drop in productivity. Governments then
run the printing presses attempting to smooth over such problems — for
instance in the Weimar Republic when workers in the occupied Ruhr region went
on a general strike and the Weimar government continued to print money in order
to pay them. While hyperinflation can in theory arise either out of
either ?Q or ?M, government has no reason to inject a hyper-inflationary
volume of money into an economy that still has access to global exports, that
still produces sufficient levels of energy and agriculture to support its
population, and that still has a functional infrastructure. This means
that the indicators for imminent hyperinflation are not economic so much as
they are geopolitical — wars, trade breakdowns, energy crises,
socio-political collapse, collapse in production, collapse in agriculture.
While all such catastrophes have preexisting economic causes, a bad economic
situation will not deteriorate into full-collapse and hyperinflation without a
severe intervening physical breakdown.
Submitted
by Tyler Durden on 10/04/2012
Threaky
Thursday. Oil perfectly round-tripped its plunge from
yesterday (ending back above $91.50) as Treasury yields caught 'up' to equity strength on the week. USD
weakness was a one-way street of straight-line trend from 0500ET in EUR today -
until the Fed minutes broke something. Gold and stocks continue their synchronized lift - though
gold is still the clear winner post QEternity. Trannies outperformed again but
the day-session in the Dow and the S&P were largely treading water - after
the factory-order-driven stop run surge this morning. Meanwhile, all those
front-running winners in MBS land have seemingly started to unwind - as mortgage spreads have retraced post-QEternity gains quite significantly (which is
likely what helped Treasury yields higher today - though the convergence to
risk also helped). The ubiquitous 3ET AAPL ramp was modestly front-run and
epically failed as the stock-that-shall-not-be-named
closed red with a $666 handle once again with some major volume at the close. VIX was
solidly banged lower right at the close (coinciding with AAPL's high volume
action) to end at 14.55 (down 0.88vols) in line with the S&P.
Submitted
by Tyler Durden on 10/04/2012
Same
members, same voters, same views, same tools:
*FED OFFICIALS SAW MANAGEABLE BOND BUYING RISKS, MINUTES SHOW
Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm
China To Challenge US Dollar
Reserve Currency Status
Gold Core | China is actively taking steps to phase
out the US dollar.
U.S. Added More Debt Monday
Than From 1776 Through Pearl Harbor
CNS News | The federal government added
$93,245,605,914.16 to its debt on Oct. 1, the first day of fiscal 2013.
10-3-12 Warnings That A Massive Stock
Market Crash Is Imminent http://albertpeia.com/massivestockmarketcrashimminent.htm , Dave’s
Daily: http://www.etfdigest.com ‘PATIENCE IS THE OPERATIVE WORD 10-3-12 You really have to be careful now. Bernanke’s high wire act has no
guarantee of success. At the same time it’s worked before to drive up stock prices. This seems to be
what his main objective is and confirmed as it were by Bloomberg.
But how many times can you go to the well with this stuff? That’s the question. Stocks are
trying to rise and are dueling with poor economic data from China and the
eurozone not to mention what should be poor upcoming earnings
news.Hewlett-Packard (HPQ) warned today earnings as the overall PC business is
in trouble with weak demand.Economic data from the U.S. included ISM Services
data (55.1 vs 53.5 expected & prior 53.7). Comically the person responsible
(Nieves) at ISM said “hard to
pinpoint the reason for the gain in the index.” Embedded within the data were higher prices paid and the
employment component weakened (51.5 vs prior 53.8). The usually unreliable ADP
Employment Report rose (162K vs 140K expected & prior revised lower to 189K
vs 201K). Investors found the data overall less than thrilling but let’s face it QE3 rules for
now.Thursday is Jobless Claims again and then Friday’s all-important Employment
Report. Also we’ll see what
impact if any the first presidential debate provided.
In commodity markets oil (USO) plunged, not so much on
inventory issues as was feared, but more about future demand prospects. (Crude
Oil Inventories -.5M BBLs vs -2.4M BBLs previously) doesn’t mean there’s a build in inventories
particularly.In other news it was reported that Chelsea Clinton has
left her job on Wall Street { Difficult to imagine with bill and hill her
endowing (genetically) parents, but I personally think she is a good person and
couldn’t possibly imagine wall
street as a suitable place for her; even to get ‘her feet wet’. } to search for more meaning in her no doubt
wretched life. Me? I’m more
interested in Monica Lewinsky’s forthcoming
tell all. Yeah, I’m feeling
like a rascal today.Stocks were led higher by Biotech (IBB) where earnings aren’t the driving force,
transportation (IYT) with energy lower, financials (XLF) and healthcare which
may benefit from an Obama win. Bonds (TLT) were flat while the dollar (UUP) was
slightly higher. Commodities (DBC) tumbled with weak energy markets but gold
(GLD) remained firm and near resistance levels. Given what’s ahead and ordinary market
action this will be another short post.Volume remained quite light as investors
seem tense before employment data, debate and then earnings. Breadth per the
WSJ was again unremarkable…’ , Fed's
Latest Easing Has Little Impact -- Out of Bullets (As Predicted By Many,
including Graham Summers, all of whom among others assert the severe
inflationary impact of the misguided
over-printing/creating/fiat currency and ‘weimar effect’)? Marketwatch
Headlines for 10-3 http://albertpeia.com/marketwatchheads10312.htm ,
Obama Contract Slides On
InTrade ZeroHedge.com The first debate is still in progress, but
the habitual gamblers who have a compulsion to bet all the time 24/7 on event
outcomes have already spoken via their favorite venue InTrade, and the initial
reaction is not favorable for the incumbent…’ , First Obama vs Romney
Presidential Debate - Live Webcast
, ‘…the first of many presidential debates will begin,
whose ultimate goal will be to validate in the minds of those 47% or so (aka
the very loud minority) who intend to vote for the next president, that they
have made the right choice. They haven't (for the reason, or rather 16,171,037,343,409 reasons, see here: neither
candidate {now} can do anything at all to prevent the debt crisis
iceberg that America is careening into full speed, and which nobody {I did!}
could have foreseen). .. , 4 Years After TARP - Winners,
Losers, Bubbles, And Troubles
, Fed Confused Reality Doesn't
Conform To Its Economic Models, Shocked Its Models Predict "Explosive
Inflation" , Complete Fed Failure: Retail
Investors Pull Out Most From Domestic Equity Funds In Two Months Just as we had suspected for months,
Bernanke's attempt to herd cats and to drive retail investors into equities is
now a complete and unmitigated catastrophe. According to just released ICI data,
in the week ended September 26, the second full week after the announcement of QE3, retail
investors pulled
$5.1 billion from domestic equity funds, following a massive $4.8
billion outflow the week prior, and the most in 2 months. This is also the
sixth largest weekly outflow in 2012 to date, a year in which over $100 billion
has already been pulled from equity mutual funds. And since we now know that
Bernanke's only motive for QE3 is to stimulate a wealth effect and to push
everyone into the broken casino, where such trading farces as Kraft's flash smash
today, as Knight Capital's implosion a month ago, and FaceBook's IPO, not to
mention the virtually daily Flash Crash in at least one name, have killed every
last shred of faith in equities, it can be safely said that QE3 has failed
three short weeks after being launched. As to where the money did go: why
taxable bonds of course - not even the "dumb money" is that dumb to
go where the Fed tells it to, and instead merely does what the Fed does: it keeps on frontrunning the
Fed's monetization of the US deficit, which is now going on for the 3rd year
in a row… , NY Mass Transit Fares Will
Rise 35% From 2007 To 2015, And Surge From There , David Rosenberg: "RIP
Wealth Effect" So the
Fed is pinning its hopes on stimulating the economy via the wealth effect
again, as it did when it revived the post-tech-wreck asset bubble in housing
and credit in that now infamous 2003-07 period of radical excess. But here's
the rub. While there is a wealth effect on spending, the correlation going back
to 1952 is only 57%. But the correlation between spending and after-tax
personal incomes is more like 75%. The impact is leagues apart. And that is the problem here, as
we saw real disposable personal income decline 0.3% in August for the largest
setback of the year. The QE2 trend of 1.7% is about half the 3.2% trend
that was in place at the time of 0E2. Not only that, but the personal savings
rate is too low to kick-start spending, even if the Fed is successful in
generating significant asset price inflation. The savings rate now is at a mere
3.7%, whereas it was 6% at the time of QE1 back in 2009 and over 5% at the time
of QE2 2010 — in other words, there is less pent-up demand right
now and a much greater need to rebuild rather than draw down the personal
savings rate. , About That Money On The
Sidelines: It's "All In"
Despite being told again and again by any-and-every commission-taker and
newsletter-vendor that sentiment is terrible, managers will need to
high-beta performance-chase, and the 'money-on-the-sidelines' is just around
the corner; it appears that reality is different. The Net Long Interest in S&P 500
Futures (the most liquid equity trading vehicle in the world) is now at its
highest since December 2008. The last time investors were this 'net long', the
S&P 500 fell over 25% in the next two months. , Kyle Bass On The Federal
Budget: "I Don't Know How To Fix This" Hayman Capital's Kyle Bass is back and
cutting through the caustic bullshit that surrounds every waking moment in this
kick-the-can world. Dispelling the myth of our 'deleveraging' virtue, with global debt having grown from
$80tn to over $200tn in the last ten years alone (a 10.7% CAGR) and the
frightening reality of central bank balance sheet growth of 16% per annum, Bass
concludes (rightly) that "you can't do this for very long" as
governments infinitely leverage and central banks have begun the endgame of open-ended
money-printing. Addressing the question of timing, Bass notes that while Europe
and Japan are 'perceived' to be 'staying together' there are in fact
devastating losses occurring (ask Greek bond-holders) and he firmly believes
that "Germany will never go joint-and-several with the rest of
Europe." The world sits at a place it has never been before in peace-time - as
far as global debt balances and deficits - and that is why the global investing
playbook is so hard. He goes on to address hyper-levered economies,
delayed inflationary outcomes, and worries that the cost-push (lower GDP,
higher CPI) prints are just beginning in Europe. As a fiduciary, and something
all investors should consider, Bass states "Given what we see coming,
our job is not to lose money!"
, Does Stimulus Spending Work? As we patiently await tonight's
much-anticipated debate - and its zinger-ful diatribe of tax, spend, save,
borrow, jobs, jobs, jobs word bingo - we thought this perfectly succinct clip
dismissing the myth of how government stimulus leads to economic growth was
particularly pertinent. Professor Antony Davies provides evidence, via
empirical data from 1955, that there is no connection between federal
spending and economic improvement - and as we have repeatedly noted - it
merely
adds to government debt. From the 'magic' of the Keynesian multiplier to the
eyes-wide-shut view of spending creating jobs while ignoring the taxing-borrowing-printing
nature of that spending. Government doesn't create jobs, it 'moves' jobs; as three
years of stimulus spending has left us with ~8% unemployment and $4.6tn more
debt. , 'Mugabenomics' From Zimbabwe
To The UK - "Gold Is Good" In a post entitled 'Mugabenomics: Inflation in UK Higher than in
Zimbabwe,' Guido Fawkes points out how the Liberal Democrats Vince Cable once
warned that Quantitative Easing (QE) was “Mugabenomics.”, IMF Brings Good Tidings:
Prepare For Another Lost Decade
"It will surely take at least a decade... for the
world economy to get back to decent shape" is the somewhat shockingly honest (and at the same time hopeful that
ECOpocalypse does not happen before) outlook that the IMF's Olivier Blanchard
offers in a recent interview with Hungary's Portfolio.ru via Reuters. , Guest Post: It's Not America
Anymore Those who rally behind the modern concept of America
rally behind a façade — an empty
shell devoid of the heart and soul that gave life to this once great
experiment. It is time for us to decide what kind of Americans we wish to be:
the deluded rah-rah puppets of a desiccated totalitarian society, or the
watchmen on the wall. Will we be the keepers and protectors of the vital core of
the American identity, or will we be fly-by-night consumers of the
flavor-of-the-day political carnival, eating every tainted sample from the
elitist platter in an insane attempt to replace our free heritage with a sleek,
sexy, rehashed form of top-down feudalism?
Ultraluxury NY Real Estate
Market Cracking As Legendary 740 Park Duplex Sells 45% Below Original Asking
Price Even
as the media desperately tries to whip everyone into a buying frenzy in an
attempt to rekindle the second housing bubble, the marginal, and less than
pretty truth, is finally starting to emerge. Over the weekend we presented the
first major red flag about the state of the housing market - in this case
commercial - when we exposed that "New York's Ultraluxury Office
Vacancy Rate Jumps To Two Year High As Financial Firms Brace For Impact."
What is left unsaid here is that if demand for rents is low, then, well, demand
for rents is low: hardly the stuff housing market recoveries are made of.
Today, on the residential side, CNBC's Diana Olick adds to this bleak picture
with "Apartment Demand Ebbs as ‘Avalanche’ of New Units Open."
In other words rental demand for both commercial and resi properties is
imploding. But at least there is always owning. Well, no. As we have shown,
the foreclosure, aka distressed, market is dead, courtesy of the complete
collapse in the foreclosure pipeline as banks are effectively subsidizing the
upper end of the housing market by keeping all the low end inventory on their
books (who doesn't love the smell of $1.6 trillion in fungible excess reserves
to plug capital holes in the morning. It smells like crony capitalism). But at
least the ultra luxury, aka money laundering market was chugging along at a
healthy pace. After all there are billions in freefloating dollars that need to
be grounded in the US, courtesy of the NAR which is always happy to look the
other way, another issue we discussed this weekend.
Now even that market appears to be cracking, following the purchase of a
duplex in New York's most iconic property: 740 Park, by, who else but a former
Goldman partner, at a whopping 45% off the original asking price.
http://albertpeia.com/christianspatriotsobamasterrorists.htm
The ECB – EUR22 Trillion Is
Missing Zero Hedge | Think
of it; twenty-two trillion dollars worth of assets and liabilities and accounted
for nowhere.
Via Mark J. Grant, author of Out of the Box,
The ECB: The Missing Assets/Liabilities
“To
treat your facts with imagination is one thing, but to imagine your facts is
another.”
-John Burroughs
Yesterday I
published the assets/liabilities of the European Central Bank as provided by
them. I provided some analysis that I thought was relevant as I also asked all
of you to look at the numbers yourself. To be quite open; I was stunned by the
data they provided and shocked by the implications. I had not seen the data in
any other source or commented about by anyone and the subject, while admittedly
complex, and perhaps made more complex by design, is a huge wake-up call for
anyone investing in Europe.
The ECB lists, as of the end of the 1st quarter of 2012, 16.304
trillion Euros ($ 21.032 trillion) in assets and 17.334 trillion Euros ($22.631
trillion) in liabilities. It is right there in black and white as I showed in
the ECB provided data that I presented yesterday. However when you get to their
consolidated balance sheet you find the numbers they bandy about in public to
be a ledger of 3.240 trillion Euros ($4.00 trillion) and you catch your breath
and pause. Utilizing normal American accounting practices this variance would
be impossible and yet here it is; staring us all right in the face.
“Europe
has put a ‘stop payment’ on our reality
check!”
-The Wizard
I can
report that I did hear from a number of large institutions yesterday that also
looked at the numbers themselves and were stunned. Conversations were held,
questions were asked and I think an accurate summation of the conversations was
that everyone was in some state or another of astonishment. The numbers were
not my numbers after all and while many good issues were raised in terms of how
to properly analyze the data that was presented there was a clear sense that we
were being duped by the European Central Bank and played for suckers.
“Reality
is the leading cause of stress amongst those in touch with it.”
-Jane Wagner
Forget that the liabilities are greater than the assets and forget that
that both have increased rather appreciably in the last several years and just
concentrate on the size of the numbers presented and then ask the central
questions; who is responsible for these assets and liabilities and where are
they counted? We know that they are not counted at the ECB as they are not a
part of their consolidated balance sheet. You may ask how this is possible and
I re-print, once again, the applicable note from the ECB:
“Recognition of assets and liabilities
An asset or
liability is only recognized in the Balance Sheet when it is probable that any
associated future economic benefit will flow to or from the ECB, substantially
all of the associated risks and rewards have been transferred to the ECB, and
the cost or value of the asset or the amount of the obligation can be measured
reliably.”
So there is
the rationale, like it or not, but then where are these assets/liabilities
counted? We are talking about $21.032 trillion in assets here and $22.631
trillion in liabilities which are larger numbers that all of the GDP of
Europe. We can surmise that the ECB does not
count these loans, securitizations and collateral as they belong to a given
nation or a bank guaranteed by the nation or the securitization is guaranteed
by some country but the rub is the country doesn’t
count them either. When a European nation reports out its debt to GDP
ratio I knew that they did not count contingent liabilities and I knew that
government backed bank bonds were not included and I knew that regional debt
guaranteed by the government was not included but this, and the sheer size of
it, had lain underneath everyone’s radar.
Think of
it; twenty-two trillion dollars worth of
assets and liabilities and accounted for nowhere. No need to
worry anymore about Target2; a mere tuppence at one trillion dollars, a decimal
point. Just exactly what these assets and liabilities might be is anyone’s guess.
Just which nations generated them is also anyone’s guess as no data or explanation is provided. Just
what any country’s real debt to GDP ratio might be if these
assets/liabilities were included in the equation is also anyone’s guess but
I think it is safe to assume that the numbers would be off the charts; far off
the charts.
“Illusions
commend themselves to us because they save us pain and allow us to enjoy
pleasure instead. We must therefore accept it without complaint when they
sometimes collide with a bit of reality against which they are dashed to
pieces.”
-Sigmund Freud
You know,
these are not blue fairies or gnomes or elves that have gone missing. These are
twenty-two trillion dollars ($22 trillion) of loans and securitizations and
mortgages that are found and accountable for by no one. These are real assets and real liabilities that have been turned into
cash by the ECB and it causes me to wonder just how accurate the Money Supply
numbers are for Europe with this amount of cash being pumped into the
system. I also wonder what anyone’s real balance sheet looks like and I wonder what
kinds of losses are being incurred and by whom. To be quite forthright, and in
my opinion, this seems to me not just the rigging of the game or the gaming of
the system but something far past that; something out beyond the realm of the
credible and of real world experiences.
This is
what we are investing in when we buy European bonds? This is where we are
putting our client’s money? I don’t know; they may have gone mad but I have not.
Have you?
“An
error does not become truth by reason of multiplied propagation, nor does truth
become error because nobody sees it.”
-Mahatma Gandhi
10-1-12 The Federal Reserve Sends
Thank You Letters To Congress For Letting Them Destroy Our Economy In Secret http://alberpeia.com/feddestroyingeconomy.htm , Time to
reap gains and hedge positions
Marketwatch ‘it is time
to take profits’, Dave’s Daily: http://www.etfdigest.com ‘IRRATIONAL EXUBERANCE DOESN’T LAST 10-1-12
In the eurozone Monday it
was revealed that €59 billion
was less than €62 billion
expected and needed from the Spanish bank stress tests. Further, unemployment
in the eurozone soared to a record 11.4% and corporate earnings estimates were
lowered by 52%. All this was seen as bullish prompting innovative spin such as
Nicholas Spiro, managing director of Spiro Sovereign Strategy in London
asserted: “Although the
political and economic situation in Spain is extremely precarious, and
manufacturing and labor market conditions across Europe remain bleak, investors
are taking comfort from the fact that things could be worse.” So, when a reporter calls
you for a comment, and clients may be aware, try some nonsense to dazzle
them.There was some good news from the ISM Mfg Survey (51.5 vs 49.7 expected
& prior 49.6) which was the first increase in months. The PMI Mfg Index was
more sobering (51.1 vs 51.5 previous) and Construction Spending was weaker
(-.6% vs .6% expected & prior revised to -.4%). The ISM is one of the more
important indicators and bulls ran with it recanting the previous theme, “bad news is good, good news
is better”. So there’s better data they think
and QE3 provides the safety put bulls love.Bernanke was
speaking today and touted the Fed’s QE3 program as a good strategy to cure high unemployment.
This is hard to understand since all previous QE attempts have failed to budge
unemployment much. He also stated the inflation would remain low for a long
period. This also doesn’t square with
what most folks are paying for food, energy and healthcare. But, perhaps he and
Mrs. Bernanke don’t need to
shop for food, have the government limo to escort them about and most night’s out for food are taxpayer
funded. Bernanke also surprisingly stated that stimulus (QE) would be kept in
place even after the economy gains strength. He argued that Milton Friedman
would be approving of what the Fed was doing. This definitely does not agree
with Anna Schwartz who co-wrote with Friedman the famous “A Monetary History of the
United States”. She criticized
Bernanke & Co policies before passing away this June. “It’s like the only lesson the
Federal Reserve took from the Great Depression was to flood the market with
liquidity,” she told an
interviewer in 2008. “Well, it isn’t working.” And, as to bailing out
banks she called them “rogue
operations”.So stocks
rallied sharply out of the gate and were turbo-charged after the ISM data at 10
AM. Early gains were led by materials (XLB) and the industrial (XLI) sectors.
As the day wore on enthusiasm waned led primarily by tech (XLK) which never
really joined much of the rally. Gold (GLD) hit new 2012 highs intraday but
also saw gains fade late. The dollar (UUP) was flat as were commodities
overall. Bonds (TLT) were stronger.Volume was modest and breadth per the WSJ
was positive…’ , Where We Are and Where We’re Going (10-1-12) http://albertpeia.com/fedroadtoperdition.htm , Guest Post: The Global Spring
ZeroHedge.com ‘…Whether it was the intention from the outset or not,
what globalization has created is a very
small class of incredibly wealthy people that are extraordinarily corrupt as a
group and also above the law. The writing is on the wall
folks. The global economy is headed back down into depths that will prove
worse than 2008, and this time no
amount of money printing and propaganda will be enough to hold things together.
TPTB know this. What we have today is not Socialism or Capitalism, it is
Ponzism. , Australian Government 'Finds'
Extra $338bn Assets (But No Unicorns Yet) In what could easily be a Friday Humor post, Reuters reports
that the Aussie government's statisticians, taking a page out of the German's 'creative' accounting
book, have found an additional $338bn of assets for the nation.
'Cheers' all around as the Australian
Bureau of Statistics (and Lies) revised household wealth up by AUD14,380 for
every one of the country's 22.6 million people - as new estimates
of unlisted shares and other equity pushed the nation's total financial assets
to AUD3.1tn (compared to an originally reported AUD2.77tn. As the miners from
down-under continue to struggle against a fading China, this miraculous 'find' has dropped the ratio of debt to liquid assets from a
worrisome 170.1% to a meager 129.1%. Rumors are circulating that the
ABS is now looking for the ark of the covenant, the philosopher's stone, and
Shangri-La. , Guest Post: Lacy Hunt:
"No Increase in Standard of Living Since 1997" , JPMorgan Sued By NY AG Over
"Shit-Breathing" Bear Stearns RMBS Fraud NY Attorney General Eric Schneiderman is
suing JPMorgan over "multiple fraudulent and deceptive acts" in
selling mortgage-backed securities causing losses of over $20bn. The suit appears to be related to
conduct at Bear Stearns and is on the back of the monoline insurer lawsuits,
and whistleblower affidavits such as the following:
In
connection with the Bear Stearns Second Lien Trust 2007-1 (“BSSLT 2007-
1”)
securitization, for example, one Bear Stearns executive asked whether the
securitization was a “going out of business sale” and
expressed a desire to “close this dog.” In another internal email, the SACO 2006-8 securitization was referred to as a “SACK
OF SHIT” and a “shit breather.”
While we
hope this would effectuate some real change, the likelihood is that it will at
best result in a $300mm civil-lawsuit slap-on-the-wrists and brownie points for
Schneiderman while nothing changes. , Presenting Spain's Economic
Collapse In Context , Guest Post: China's Broken
Growth Model , Fed's 'Trickle-Down' Policy
Lines Pockets Of Mortgage Originators , Venture C(r)apital: Myth And
Reality ‘…Venture
capital (VC) has delivered poor returns for more than a decade. VC returns
haven’t
significantly outperformed the public market since the late 1990s, and, since
1997, less cash has been returned to investors than has been invested in VC. Speculation among industry insiders is that the VC model is broken…’ , Ben Bernanke Just Told A
Massive Lie About Milton Friedman
Ben Bernanke is so desperate to find support regarding his steal from
the poor and give to the 0.01% policies he is now telling blatant lies about
famous, dead economists that can’t refute what he says. In this case Milton
Friedman. In his Q&A today, The Bernank claimed: BERNANKE: MILTON FRIEDMAN WOULD HAVE SUPPORTED WHAT FED DOING Well I
suppose it’s easy to make things up about people that can’t claim
otherwise, but he made a big mistake this time. Why? Because Anna
Schwartz, who co-wrote the famous work “A Monetary History of the United States” with
Milton Friedman in 1963, actually came on the record on several occasions
calling out The Bernank and saying there’s no way Friedman would agree. The sad part
about this is it seems Bernanke waited until Schwartz died to really start
spewing the lies. This guy is not only dangerous he is despicable and
increasingly desperate… Don’t take it from me though, back in October 2008 Anna
Schwartz had this to say in the Wall Street Journal.
Submitted by Tyler Durden on 10/01/2012
According
to a recent CNN poll, 60% of Americans want
go to war with Iran to prevent them from getting nuclear weapons. This in spite
of the fact that the US intelligence community is fairy unanimous that Iran is
not even currently pursuing nuclear weapons. Simultaneously 71% of Americans — in total
contradiction to the evidence recognised by both the CIA and Mossad that Iran
is not currently even developing a nuclear weapon — believe that Iran currently has nuclear weapons. Unlike
the 71%, I’m not really convinced by this — if
anything, it could be Iranian disinformation to try and avoid an American or
Israeli attack. More importantly, the US and Israeli intelligence community at large don’t buy
it. If they had any real evidence that Iran had a bomb
today, Netanyahu would have been presenting it at the UN instead of drawing red
lines on Wile E. Coyote bomb diagrams.
Submitted by Tyler Durden on 10/01/2012
Submitted
by Tyler Durden on 10/01/2012
Because the
horse and buggy is the new normal car:
This is
what happens when you don't take advantage of US, Chinese, or for
that matter Global channel
stuffing. It is, for now, unclear if Mario Draghi's monetization of 1-4 cylinder
Fiats is forbidden by Article 123.
, Euro-Zone 'Misery' Has Never
Been Higher
http://albertpeia.com/catsareamazing.htm
Posted by : williambanzai7
Post date: 10/01/2012 - 15:53 Cats can now walk on the ceiling...
Cats can now walk on the
ceiling
The masses will find this appealing
And with this distraction
Keynes flew into action
To stimulate Kleptocrat stealing
The Limerick King
The morons who venerate
Keynes
Have somewhat remarkable brains
Instead of IQ
It's loaded with goo
That runs out whenever it rains
The Limerick King
Benny has seen better days
Gone are his Keynesian ways
After the crash
He only had cash
He's now hoping charity pays
The Limerick King
9-28-12 Dave’s Daily: http://www.etfdigest.com ‘QUARTER ENDS WITH A WHIMPER 9-28-12
The troubles in Spain continue as the government tries to pull money
from their Social Security fund to buy some time through early November. The
bank stress tests there revealed a need for $60 billion in bailout funds. The
citizenry are still unhappy. When we lived in South America it was common for
business there to be done in cash because no one (capitalists, socialists and
communists alike) wanted to pay any tax period. When queried about this they’d
just say it was part of their Spanish heritage. If you used plastic for any
purchases the bill would be increased by over 10%, not for the card
transaction, but more so due to taxes. The government then had no recourse
except to impose import duties which was the only reliable way they could
operate the country. So the culture of demanding benefits without any
willingness to pay for them is the problem. The U.S. administration complains a
similar problem but the country has an all too sophisticated system of
collection which defeats the Spanish problems. That said, we have our own issues naturally. U.S.
economic data continues to disappoint. Personal Income didn’t meet expectations
(.1% vs .2% expected & prior .1%); Consumer Spending rose (.5% vs .5%
expected & prior .4%) meaning less income and more spending; the always
entertaining PCE rose (.4% vs .5% expected & prior 0%); the comical “core”
PCE (1.5% vs 1.3%) which is that food and energy we don’t use (wink, wink); the
Chicago PMI fell (49.7 vs 53 expected & prior 53) but within the data
employment was at a 2.5 year low and prices paid was 63.2 vs 57 previously;
and, U of Mich. Consumer Sentiment fell (78.3 vs 79 expected & prior 79.2).
Taken together the data prompted more “recession” talk. QE3 or 4 would
certainly fix all that…certainly. So the
little light volume rally from Thursday, which also featured horrific data, was
undone and all markets reversed course once again. Once again it seems investor
complacency is just too high that poor economic data will reverse, the eurozone
problems will be resolved and the fiscal cliff will be avoided. A stronger
dollar which may present itself at any point will hurt forward earnings. Nike (NKE)
earnings and outlook hit the stock hard but dollar valuation wasn’t a factor.
Earnings season begins in earnest early next month and large disappointments
can cause PE multiples to contract quickly. Then there’s the election with
results currently a coin toss. In 1980 Carter had the lead over Reagan with as
poor a record as Obama but the debates sealed the deal for him. It’s impossible to predict the next quarter but
portfolio managers did make their quarterly bonuses so they’re in good shape
for now. They might do well to save it for the Holidays. The dollar (UUP) was stronger once again; gold (GLD)
weaker; stocks (SPY) weaker; bonds (IEF) stronger; and commodities (DBC)
overall were also weak. Volume was
again increased on selling even as the markets attempted to halve early losses.
Breadth per the WSJ was negative…’
, 1.4 BILLION Spent On The
Obamas In 2012 – British Taxpayers Only Spent 57.8 Million On The Royal Family http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm { Yeah! These are typical, mooching, failing
(but fun-lovin’/party animals), unproductive niggers; and non-niggers should be
outraged! } While most of America is
suffering through one the worst economic downturns in U.S. history, the Obamas
are living the high life at your expense. During 2011, U.S. taxpayers
spent an astounding 1.4 billion dollars on
the Obamas. Meanwhile, British taxpayers only spent 57.8 million dollars
on the entire royal family. Does anyone else see something wrong with
this picture? So where did the 1.4 billion dollars go? That money paid the salaries of
their staff members, it paid for their transportation and housing costs, it
paid for entertainment and vacations for the Obamas, and $102,000 was even
spent on a "dog handler" for the family dog Bo. In his new book
entitled "Presidential Perks Gone Royal:
Your Taxes Are Being Used For Obama's Re-election", author
Robert Keith Gray reveals some absolutely shocking details about the enormous
amounts of U.S. taxpayer money that are being…’ , Proof Positive Than Central
Banks and Central Planning Fail
http://albertpeia.htm/proofofcentralbankplanningfailure.htm
‘Regarding the recent Central Bank coordinated
intervention, the key take-away point is that the ECB and US Federal Reserve
attempted “shock and awe” tactics with their latest announcements by throwing
out words such as “unlimited” and “open-ended.”The implication here was that
the Central Banks would do everything they could to prop up the
financial markets. However, as has been the case with every Central Bank
intervention, there are unintended consequences (ie., inflation, stagflation,
etc.). The first unintended consequence concerns the fact that both programs
are essentially a form of “intervention to infinite.” The problem with this is
that the primary driver of stock prices over the last three years has been the
anticipation of more monetary stimulus from Central Banks.Indeed, the New
York Fed itself has openly admitted that were it to remove the market moves
that occurred around Fed FOMC meetings (the times when the Fed announced new
programs or hinted at doing so), the S&P 500 would be at 600 today.So, by
announcing programs that will be on going in nature, both the ECB and
the Fed have removed the anticipation of future Central Bank
intervention from investors’ psychologies. This could become highly
problematic, especially if these latest announcements turn out to be
duds.Speaking of which…Spain’s ten-year bond yield has broken back above 6%. To
see Spain’s sovereign bond yields rising like this after the ECB announced
it would essentially provide “unlimited” buying as support is simply stunning.
And it indicates in plain terms that the ECB’s program was in fact a dud.In
other news, we find that even barely literate high school students have a
better understanding of job creation than Washington.In case you missed it,
recently the US public school system has implemented a series of reforms to
mandate what students should eat based on a healthier diet.The program was
spearheaded by First Lady Michelle Obama, who, despite not being a nutritionist
or having any sort of medical degree, has decided she knows what’s best for
children in terms of their diets.As a result of the reforms, the cost of school
lunches has risen by $0.20-$0.25 per plate. And students don’t like it. In
fact, many of them have begun protesting the reforms saying that they’re hungry
and the food portions are not enough…’
, Why Does Our Society Look Down
On Unemployed Men So Much? http://albertpeia.com/uslooksdownonunemployedmen.htm
, First
United Bank is 43rd 2012 U.S. bank failure , Chicago
PMI drops into negative territory in Sept. , Alternatives to the dollar Marketwatch
Elizabeth O'Brien ‘The Fed’s
latest stimulus program, QE3, has boosted risky assets like stocks and
commodities at the expense of the dollar. Here are some other options…the
currency’s long-term downward trajectory will continue, according to these
dollar bears. Many have looked to gold as the dollar began its slide this
summer. Drew Kanaly, a financial adviser at Kanaly Trust in Houston, increased
his clients’ allocations to gold through the SPDR Gold Shares exchange-traded
fund GLD -0.26% .
Some have looked to capitalize on other currencies’ appreciation relative to
the dollar. Donald Dempsey, a financial adviser in Williston, Vt., shifted part
of his clients’ international bond portfolios out of the iShares JPMorgan USD
Emerging Markets Bond fund EMB +0.34% and
into the WisdomTree Emerging Markets Local Debt fund ELD -0.15% . The
former gives investors exposure to international bonds but not their
currencies, whereas the latter does not hedge out, or erase, the currency risk.
Many emerging-market currencies have rallied recently, and the WisdomTree fund
allows investors to benefit from this appreciation along with any changes in
the underlying bonds’ prices (in the opposite direction, investors get hurt if
the currency declines). Anthony Welch, manager of the $12.8 million Currency
Strategies fund FOREX -0.10% ,
increased his exposure in mid-July to the Canadian and Australian dollars,
which have also recently outperformed the greenback. Both countries’ economies
are heavily tied to commodities, many of which are priced in the U.S. dollar
and tend to rally when the dollar declines. Over the past five years, the
Canadian and Australian dollars have risen against both the euro and the U.S.
dollar. (The U.S. dollar’s movements are often measured against the U.S. dollar
index, a basket of other currencies of which the euro makes up 57%.)…it makes
sense to adjust portfolios to reflect America’s weakened economic position.
Says Dempsey, “Longer-term, I have to feel safer with some of these emerging
markets that are running surpluses.”
, The Next Subprime Crisis Is
Here: Over $120 Billion In Federal Student Loans In Default
ZeroHedge.com , Guest Post: Welcome To The Era
of 'Ugly' Inflation , All Your Private Data Are
Belong To Obama , Fitch Warns UK Likelihood It
Loses AAA Rating Has Increased
, Charting The Death Of Europe's
Bond Markets , Goldman Cuts Q3 GDP Forecast
To Stall Speed 1.9% , Fed Buys $20 Billion In QE3 Mortgages;
Jobs Created: Zero , The Student Loan Bubble In 19
Simple Charts , Cue Stagflationary Recession:
Chicago PMI Huge Sub-50 Miss, Back To September 2009 Levels; Prices Paid Spikes QE1, QE2, Operation Twist 1, Operation Twist
2, a Fed balance sheet that is now expected to be $5 trillion in 2 years, and
all we get is a lousy manufacturing economy that according to the Chicago PMI just
dipped into contraction, or for all intents and purposes, recession, printing
its first sub-50 print, 49.7 specifically, on expectations of a 52.8, and down
from 53. This was the lowest since September 2009 and the biggest miss in 4
months. Specifically, the employment index came at a two and a half year low,
New Orders, Backlogs and Deliveries had their 3 month moving averages at the
lowest since Mid 2009, and Capital Equipment printed at a 17 month low. But not
all hope is lost: at least prices paid soared for the third consecutive month
to 63.2 from 57. Cue not just recession, but stagflationary recession. It also
means that both the Manufacturing ISM and Q3 GDP will be a total disaster. Time
to start pricing in QE X to be followed 24 hours later by QE X+1. The central
bank cartel is starting to lose , Real Disposable Income Has
First Drop Since November 2011, Savings Rate Tumbles
Submitted
by Tyler Durden on 09/28/2012
American Media Drums Up
Support for War … Again Posted by: George Washington Post date: 09/28/2012
- Israel Versus Iran: What’s REALLY Going On …Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
9-27-12 14 Signs That The World
Economy Is Getting Weaker http://albertpeia.com/14signsworldeconomyweaker.htm
The United States is not the only one with massive economic problems right
now. The truth is that just about wherever you look around the globe
things are getting even worse. China is experiencing a substantial
economic slowdown, and Japan has resorted to yet another round of money
printing in an effort to keep the Japanese economy moving. Unemployment
in Europe continues to get even worse, and the riots this week in Spain and in
Greece have been absolutely frightening at times. In the United States
there are a whole host of signs that another recession is approaching, and the
number of American CEOs that say that they plan to eliminate jobs in the coming
months is rapidly rising… , Dave’s
Daily: http://www.etfdigest.com
QE TRUMPS HORRIBLE ECONOMIC
DATA 9-27-12 You couldn’t have dreamed-up the
crummy economic data received Thursday. The leading stinkers were GDP (1.3% vs
1.7% expected) and Durable Goods Orders (-13.2% vs -5% expected & prior
4.2%). Along for the ride were Pending Homes Sales (-2.6% vs .3% expected &
prior 2.4%) and Jobless Claims which beat (359K vs376K expected & prior
revised higher to 382K). The bullish spin for the poor GDP data was it was
caused by the drought that doesn’t jive with
the calendar, as it doesn’t support
such a claim. The poor Pending Home Sales data was spun by bulls as caused by a
lack of inventory. Of course this is hilarious since if you asked any banker
with REO and they’ll tell you
they have plenty of inventory. Jobless Claims data looked positive on the surface
but “headline” numbers showed claims down
by 141K but cumulative “revisions” show only 2K lower in 2012
as chart below shows. In an election year unsurprised the Department of Labor
has asserted it may have underestimated job growth by 380K. (There will be
plenty of spin there.) http://albertpeia.com/joblessclaimspinandreality.gif
Spain of course remains in the headlines as the budget
process is slowly being unveiled. It seems to be more about buying some more
time than doing anything constructive. Frankly they’re borrowing from their
social security trust fund, which might see them through October. Per BNP with
a hat tip to Zero Hedge:
‘Since the Great Crisis began in 2007 the
Fed/ Feds have done the following:
That’s
one heck of a list. And the worst part is I know I’ve
left something out somewhere.
However,
despite this incredible intervention, the economy remains in the toilet. Indeed,
adding to the more evidence that the alleged “recovery”
is in fact a load of BS category… we have the latest survey of small
business owners. Small businesses (50 employees or more) account for 75% of job
creation in the US.
“Instead
of smoothing the way, our government continues to erect more barriers to growth
through burdensome regulations that increase costs for small businesses and all
Americans,” NFIB president Dan Danner said…’ , How Crony Capitalism (Or The
'Undiluted Lunacy' Of The Fed) Corrupts The Free Markets , How The Fed Crushed China's
Ability To Join The Ease-Fest
, Why The Wealth Effect Won't
Support The US 'Recovery'
, Santelli Vs. Liesman; Broken
Pipes, Trickle-Down Frowns, And 'Imaginary' Inflation , Stocks Ramp, PMs Ramp More,
Oil Ramps Most The world and
their mum will be overjoyed all is fixed again in Spain and Apple can be bought
safely as today's ramp-a-palooza in risk-assets indicates. However, the 100-pip
run in EURUSD which 'correlated-ly' ramped everything did more damage than good
in the long-run as Oil prices
surged off their 'see QEternity inflation is only
transitory' way. WTI topped $92 (up over
3% off yesterday's lows) as Gold and Silver surged on the day to end up around
0.25% on the week (in the face of a 0.25% strengthening in the USD on the
week). JPY strength and moreover EUR's push dragged the USD 0.5% lower from
yesterday's peak and provided just the lift to get the S&P back to Monday's lows, filled a gap in AAPL's chart and lifted
the financials ETF briefly back up to unch from pre-FOMC. Volume
and trade size was large as we ramped and drifted once we topped - which smells
a lot like pros selling into a stop-run-driven strength. Equities pulled back into the close (even as VIX limped back under 15%
down almost 2 vols today) catching down to risk-asset's slightly less ebullient
perspective. , Egan-Jones Downgrades Spain To
CC From CC+ , Here Is The White House Spin
On Today's Disappointing Economic Data A massive 13% collapse in durable goods, the biggest since
January 2009; a $20 billion miss to annualized Q2 GDP estimates, and well below
the lowest estimate, 60+ weeks of constant upward BLS revisions to initial
claims "data" and not to mention assorted atrocious economic (note:
not to be confused with market - the two are now completely unlinked) data from
around the globe. And what does the White House say: the data shows that the
"US is making progress." We sure wouldn't want to know what it would
look like if after 3 episodes of easing, trillions injected into the economy
via the Fed, and of course $6 trillion in extra debt the US was not making progress. Oh and yes, everything else is
Bush's fault.
Submitted by Tyler Durden on 09/27/2012
In the midst of the Great Depression,
Treasury Secretary Andrew Mellon famously advised President Hoover to
“liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate”
instead of propping each industry up with tax dollars. This liquidation doctrine would “purge the rottenness out of the
system” and make certain that “people will work harder” and “live a more moral
life.” Contrary to popular belief, Hoover did not
take Mellon’s advice and went forth with his own version of the New Deal that
gave relief to farmers and supported wage rates in certain industries.
These efforts, which were exacerbated under the presidency of Franklin
Roosevelt, effectively prevented the market from clearing. The boom of the late 1920s that was driven by the Federal Reserve’s
monetary inflation was not allowed to bust. Instead of
liquidating the debt and allowing the economy to reach a sound footing, both
the Hoover and Roosevelt administrations attempted to manage it back to
health. The result was the longest period of
unemployment ever recorded in American history.
Submitted by Tyler Durden on 09/27/2012
Durable
Goods orders expectations were pushed down to a dramatically low -5.0% after
last month's dismal reading and the PMI data since but the print at -13.2% is mind-blowingly bad. Perhaps this is the sneak peek
that Ben had? This drop is the largest since January 2009 when world trade had fallen off a cliff. It
appears the seasonal-adjustments are the driver of the plunge as NSA is -7.2%
(still very weak for August). We are sure there will be calls for the V-Shaped
recovery from this but with a very different stimulus-environment around the
world (i.e. jaded and soaked in much more debt), we suspect that will be less
than forthcoming. The sub-indices were all weaker than expected but we note
that defense -40% and non-defense aircraft orders plunged. On the bright
side, all this terrible production data inspired less layoffs as Initial claims beat expectations modestly falling to its lowest (best)
in two months - sigh.
Reuters | Israeli Prime Minister Benjamin Netanyahu drew his
“red line” for Iran’s nuclear
program on Thursday.
Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past the
red line many times over with their illegal nuke program and deployment of in
excess of 200 illegal, undeclared nukes. }
9-26-12 There is No Engine For Global
Growth Pt 3 (the US) September 26,
2012 http://gainspainscapital.com http://albertpeia.com/theresnoengineforglobalgrowth3.htm ‘The following is excerpt from a recent
issue of Private Wealth Advisory.
In it I outline why the world is
entering a stagflationary disaster. To find out more about Private Wealth Advisory and how it can help you crush the market…
Click Here!
‘ { I feel compelled to add here what I felt was
more than just a leap of faith by Mr. Summers who has in a recent public issue
stated that he believes the biggest frauds on wall street will be brought to
justice. Wow! That’s really all I can say. The next thing he might
say is that pervasively corrupt, defacto bankrupt america et als, along with
the manipulated fraudulent securities markets, are legitimate. Wow! In his
fact-filled renderings, focus more on Mr. Summer’s facts, fact-based inferences and conclusions,
and less on his unsupportable opinions as, ie., prosecutions of the biggest
wall street frauds are acomin’, or that meaningfully lawless america’s suddenly grown scruples. Wow! } ‘In
the last few days we’ve assessed how both China and Europe are
no longer engines for global growth. So what about the US? By all counts, the
latest ISM (a measure of manufacturing in the US) was a complete and total
disaster. In August the ISM hit 49. Anything below 50 is considered a
recessionary rating.However, things are even worse below the surface. The ISM
is made up of several components. Its Production component is back to May 2009 levels.
The New Orders component is back to April 2009 levels.And worse of all, Prices Paid is up to
54, up from a reading of just 39 in July. In simple terms this tells
us that inflation is hitting “lift off” in the US at the very same
time that we are entering a recession that could be on par with that of 2008.
And with corn and soybean prices at or near record highs, we could be on the
verge of a stagflationary disaster combined with a food crisis at the very same
time. We get additional confirmation of a major economic contraction from
corporate earnings. Recently we’ve seen earnings forecast cuts from Fed
Ex, Bed Bath and Beyond, Proctor and Gamble, Adobe, Starbucks, McDonald’s
and more. Indeed, when you remove financials, S&P 500 earnings FELL
year over year for 2Q12. This is hardly indicative
of a strong economy. The fact a record number of Americans are on food stamps
doesn’t bode well either. And the Rasmussen
Employment Index indicates worker confidence is at levels not seen since the
FALL OF 2008! All of this, combined with the following:
1) Median income today is
lower than it was during at the end of 2009 (when the recession supposedly
ended)
2) The percentage of
Americans on food stamps has increased from 11% to nearly 15%
3) The average unemployment
duration has increased from 30 weeks to nearly 40 weeks
4) The civilian employment to
population ratio hasn’t budged
5) Industrial production has
yet to exceed its former peak (a first in post WW-II “recoveries”)
And this
has happened despite the Fed’s massive intervention in the markets/economy…’ , Dave’s
Daily: http://www.etfdigest.com EUROZONE CONTAGION RETURNS TO MARKETS 9-26-12 ‘Sure we’re back from
a brief trip but we’re not a big
deal. No, it’s the rascals
in the eurozone who return to annoy us like a bad habit. Spain is front and
center now even as rioters are also out in full force in Greece. The issue in
Spain is quite simple. Spain needs a bailout but in order to qualify they must
meet “conditions” and that’s politically toxic to the
public. More austerity is something leaders just can’t sell although it’s said to be working on
this behind closed doors. Even the old province of Catalonia is threatening to
hold a referendum to secede from Spain.To make matters worse it isn’t just the eurozone making
things worse but in China as well. Shanghai indexes fell to levels not seen
since 2009 and are down nearly 10% on the quarter. This is the poor result even
as the PBOC cut bank reserve requirements and borrowing costs twice this
year. In the U.S. the Fed is underwriting the U.S. budget deficit through
its QE operations. This is like having economic policies in the I.C.U. and on a
feeding tube. When the ink runs dry the patient hits the “fiscal cliff” a la Thelma &
Louise.There was some excitement over New Home Sales data released Wednesday.
Homes sold disappointed dropping (373K vs 380 expected) but prices paid rose
11.2% which was a surprise. { No! Not so
surprising given the over-printed fiat currency/dollar debasement ‘strategies’ being employed even as
fewer and fewer are employed. }
Nevertheless the chart from the Fed shows things still trolling along
the bottom. http://albertpeia.com/bottomfeeders.gif The big market boost from ECB and Fed QE may
have run its course for now. Perhaps the best we can hope for now is to just
churn about here barring more poor results. The Draghi & Bernanke Puts
should underpin markets but sometimes you just can’t overcome
the bad news with money printing. Even Bernanke said the Fed has done all it
can and now we await the election and the path forward with whoever wins.
Whoever wins won’t have an easy job given a lack of political
consensus.After a large rally it’s logical to see some profit-taking and a more cautious wait and see
approach. In this regard we’ve seen reversals with the dollar (UUP); gold (GLD);
equities (SPY); commodities (DBC); energy (USO); bonds (TLT); emerging markets
(EEM) and, in the eurozone certainly (EZU). Domestic U.S. sector ETFs such as
homebuilders (ITB) saw serious selling along with energy (XLE).Volume has
picked-up with selling these past two days and this is a typical pattern.
Breadth per the WSJ was negative overall…’ , Fed Virtually Funding the
Entire US Deficit CNBC | “If this becomes the new ordinary, it’s hard to
imagine the Fed’s maneuvering room” should another crisis hit, economist Lindsay said. {
Another crisis? Folks, the nation is insurmountably defacto bankrupt, along
with a panoply of other problems, not the least of which is pervasive crime and
corruption. This is a crisis! } , Chicago Fed Asks "What
Are Asset Bubbles" As Its President Calls For Even More QE , Guest Post: Why QE May Not
Boost Stocks After All , Europe Goes Pear-Shaped
, Gold Holds As Equity
Dead-Dog-Bounce Folds , iNflation: Americans Spend
Less On Food, Movies To Pay For Soaring Cell Phone Obsession
Color us
unsurprised by this litte gem (via Bloomberg):
Today's
quote of the day award goes to...
AHMADINEJAD
SAYS IRAN ECONOMY `CERTAINLY BETTER' THAN U.S., EU
What is
interesting about this discussion by the Washington Institute For Near East
Policy, a Neocon (Globalist) think-tank, is that its primary purpose is not
necessarily to debate the current political elements of the Iranian
question. They aren't contemplating the viability or morality of a war
with Iran. Instead, they are attempting to devise strategies by which the
government could CONVINCE the American public and the world that a war with
Iran is the "right thing to do", even if it means fabricating their
own justification. For them, the war is a forgone conclusion, and they
will do anything to make it a reality.
Whether
Atwater, California will join the prodigious ranks of Stockton, San Bernardino,
and Mammoth Lakes to become the 4th Muni bankruptcy is up for vote on October
3rd (before a $2mm bond payment in November). As Bloomberg notes, the
28,000-strong Merced county town is suffering under the same weight of public employee costs, lost revenue, and a stagnant economy
leaving it with a $3.3 million budget deficit. While
some put their hope in the FB IPO, perhaps Bernanke should have mandated
investment in AAPL for all these municipal comptrollers? The median income
is 19% below the national average as the foreclosure crisis - which saw
Atwater's median home price drop by more than half - has depleted property-tax
revenues dramatically. "We just
started negotiating with our unions and they are going to have to take a major
cut," Mayor Joan Faul said. "We hope that once
we declare a fiscal emergency, that they will realize that we are definitely in
an emergency. If they want to save all the jobs,
everyone is going to have to take a cut,"
Moments ago, the Census Bureau released
the August new single-family house sales number: at 373,000 on an annualized
basis, it missed expectations of a rise to 380,000, and was down from a revised
374,000. This is only the second miss in 2012, and confirms that all talk of a
housing recovery is misguided, and merely represents one particular segment of
the housing market: that of existing home sales where buyers have all
cash, are price indiscriminate, and are willing to take advantage of the NAR's
exemptions from anti-money laundering provisions. I.e., US real estate is
merely a place to park cash for those who have obtained it using questionable
means. Looking at the number on a non-SAAR basis reveals that only 31,000
actual houses sold in August, of which 3,000 in the Northeast: surely a reason
to keep on bidding up the builders into the stratosphere: fear not, actual
sales will come. Eventually. Finally, and demonstrating that rich buyers focus
primarily on dumping money into existing mansions, was the distribution of
purchases by price bucket, which showed a (Z), or under 500 houses sold, in the
$750,000+ category. This was the first time there was a (Z) in this bucket
since February.
Violent Protests Swirl in
Spain As Regions Seethe
RT.com | ‘The
protesters called for members of Parliament members to be sacked for misleading
the voters with austerity measures.’
Quantitative Easing Did Not
Work For The Weimar Republic Either
Economic Collapse | Did printing vast quantities of
money work for the Weimar Republic? Nope. And it won’t work for
us either.
Is the era of free checking
accounts over?
The Week | The
financial industry is forcing customers to pay more just to park their money at
the bank.
Is the Fiscal Cliff
“Taxmageddon,” or Too Little, Too Late?
Thomas R.
Eddlem | The anti-tax foundation Americans for Tax Reform
has labeled the end of the Bush-era tax cuts that are scheduled to expire at
the end of this year .
The Declining Economic Freedom
Of The United States
Zero Hedge | The United States, long considered the
standard bearer for economic freedom among large industrial nations, has
experienced a remarkable plunge in economic freedom during the past decade.
Submitted
by Tyler Durden on 09/25/2012
Investors
remain convinced, it would seem, that the fiscal cliff will not happen because
our great-and-good politicians in Washington know full-well that the economic
repercussions will be too great. Even though Ben's foot is to the floor, he has
stated that monetary policy will be unable to
offset the negative economic impact of the tax hikes and spending cuts. The
prospect of agreement among a deeply polarized politik and just as Goldman
expects, we worry that the S&P 500 will fall sharply following the election
once investors finally recognize the serious possibility that the
'fiscal-cliff-problem' will not be solved in a smooth manner. In order to
clarify that thinking, Bloomberg Brief has provided 12 charts on the timelines, impact, uncertainty, and possibilities
surrounding this most obvious of risk events.
Submitted by Tyler Durden on 09/25/2012
Some time
ago, before China's hard landing was virtually assured (see Iron Ore prices),
there was a period when its data was a veritable cornucopia of Schrodingerian
ambivalence, with various economic indicators representing either growth or
contraction at the same time. It appears that the modified wave-particle
duality has just shifted to the US, whose housing segment is the latest patient
of wave function collapse as the July Case Shiller index printed both a beat
and a miss at the same time. The Top 20 composite index beat in the NSA Year over Year price change, which was
+1.2%, on expectations of +1.05%, and up from a revised 0.59. However, it missed in the sequential Top 20 Composite price change,
which printed at 0.44%, below expectations and half off the June price increase
of 0.91%. In fact, as the chart below shows, the July increase was now the
slowest sequential increase in the past 5 months, and at this rate, the August,
or September data at the latest, will show a sequential decline in prices, as
the euphoria from the Rent-to-REO fades, and as the massively pent up
foreclosure inventory is finally forced to come to market and drag prices far
below where the currently artificially propped up market "clears"
(read Foreclosure Stuffing).
Submitted by Tyler Durden on 09/25/2012
"Dollars spent on entitlements
dwarf those spent on discretionary items such as education, and tower over net
fixed business investment, which is partially responsible for greater
productivity, business expansion and rising living standards. Periods with
greater investment as a share of GDP are highly correlated with both faster
economic growth and rising living standards. One risk to the U.S. economy is
that rising entitlement spending will require the government to borrow from the
finite amount of capital held by private savers, thus squeezing out private
firms that need the capital to expand businesses and increase
productivity."
Politico | “In the sense that he’s more aggressive, more illegal worldwide.” { In other words, more like a nigger! The
blackbama is basically a continuation/progression of war criminal/incompetent
bush! }
Paul Joseph
Watson | Nanny state is no longer on steroids, it has
turned into the Incredible Hulk. { http://albertpeia.com/30examplesusnolongerfree.htm }
See if you can guess in which European country all
of these beautiful pictures were taken: {0}
The 4 Middle Eastern pictures above are from Saudi
Arabia, not Iran. Same thing, you say? Actually, Saudi Arabia
is doing its best to overthrow Iran via terrorism,
and is persecuting Christians and Jews much more
than Iran.
Maybe we should learn a little bit more before deciding whether or not
to bomb Iran?
Especially since the U.S. has been claiming for more than 30 years that Iran was on
the verge of nuclear capability, and top American and Israeli defense
and intelligence bosses say that bombing Iran will only increase the
odds that Iran will actually build a nuclear weapon?
Postscript: Iran obviously has problems
and is far from perfect. But given the tidal wave of propaganda in the
news which is doing everything possible to “demonize
the enemy” to justify war, we think it is valuable to provide
some balance and perspective.
http://albertpeia.com/guess.htm
SNB in a Pickle Posted by
: Bruce Krasting
Post date: 09/25/2012 - SNB bond-buying is
"exacerbating" the gap between borrowing costs for stable countries
like Germany and the rest of the 17-nation euro zone.
Guess Where These Beautiful
Pictures Were Taken … Posted by: George Washington Post date: 09/25/2012
- Must-See Pictures http://albertpeia.com/guess.htm
LoRD oF THe CRoNY FLieS... Posted by:
williambanzai7
Post date: 09/25/2012 - and a flying moron.
9-24-12 Americans Are Literally Being
Worked To Death http://albertpeia.com/americansworkedtodeath.htm
{ I personally believe a new
category of anxiety disorder has arisen in america which probably would fall
within the broader genus of ‘obsessive compulsive’;viz., the obsessively
compulsive trait being overuse of cell phones/text messaging, etc., in some
instances to the point where fingers are literally rendered ‘raw’ from the
typing. Such, of course, is famously promoted/encouraged (tweets, etc.) by the
media, ‘celebs’, etc., and of course the ‘sellers’ of the China-made gadgets,
ie., apple (I-phones, etc.), etc.. And, despite being invariably sympathetic to
the plight of kids generally, I really must say it’s really rather startling
and pathetic! } , 19 Signs That America Is Being
Systematically Transformed Into A Giant Surveillance Grid http://albertpeia.com/usasurveillancegrid.htm , 10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
There’s No Engine For Global
Growth (China Edition) http://albertpeia.com/theresnoengineforglobalgrowth.htm , Get Your Fake Tungsten-Filled
Gold Coins Here ZeroHedge.com , Winners Lose As Safety
Outperforms UPDATE: CAT is sliding AH after noting higher chance of
recession and cuts 2015 EPS guidance from $15-20 to $12-18 , In Preview Of Inevitable
Unhappy QEnding, Overeager German Safecrackers Blow Up Bank It looks like someone took a page from the
Bernanke open-ended playbook, who when tasked by Chuck Schumer to "get to work, Mr. Chairman",
and realizing his job is on the line, literally bet the Fed's political ranch
on the biggest liquidity tsunami ever conceived in Keynesian history with
consequences which as Gary Kaminsky explained earlier, will be akin to a
Kamikaze pilot, if one who has over 310 million passengers. That someone was
one or more German safecrackers in the town of Nottuln-Darup, who were eagerly
pursuing their New Normal patriotic duty to release some bank reserves
into broad circulation by blasting through a safe on Sunday night, when they
used some extra laced C-4, in the process blew up the entire bank, shattering
windows across the street, and causing hundreds of thousands of euros worth of
damage. Perhaps this, more than anything, is the best visual of just what
Bernanke's attempt to unclog the "bank plumbing" will look like in
the end, even better than Zimbabwe coordinated 1 million man flush.
The silver lining: at least they added to German GDP: if today's Ifo number is
any indication, Germany desperately needs it.
, Meanwhile In Downtown Camden As we reported earlier,
Camden may be broke, the local police may now be history, unemployment may be
50%, it may be nothing more than one big crack cocaine depot and driving
through downtown at less than 88 mph may be hazardous to your health, but that
wasn't always the case. In fact, back in 2009 the city had enough money to
afford billboards. Such as this one on the intersection of Dr Charless Brimm
Blvd and S. Broadway, courtesy of Google StreetView (sorry
iPhone 5 users: you can't see this). Brought to you by www.joncorzine09.com , Spanish Military Threatens
Treason As Catalonia Seeks Secession Referendum { As an aside, it should be noted that
Catalonia is birthplace to my all-time favorite and many of the world’s
greatest artists. } , With $1.6 Trillion In FDIC
Deposit Insurance Expiring, Are Negative Bill Rates Set To Become The New
Normal? , Guest Post: Pavlov's Dogs - An
Overview Of Market Risk
, Confirming US Dumbification,
Verbal SAT Scores Just Hit Record Low , Guest Post: The Greatest Trick
The Devil Ever Pulled Never
try to teach a pig to sing, advised Robert Heinlein. It wastes your time
and it annoys the pig. Similarly, never try to convince a central banker
that his policies are destructive
, Kaminsky: "Bernanke Is
Now A Kamikaze Pilot"
In a little under four minutes, CNBC's Gary Kaminsky provides a voice of
reason amid the 'Gold-and-Bonds-are-in-a-bubble-but-Apple-is-awesome' meme.
Reflecting on some of the mind-blowingly crazy statistics of this market's
recent inexorable rise, central bank balance sheet eruptions, and valuations;
Kaminsky (an ex-PM as opposed to 'reporter') provides six clarifying words: "We know this will end ugly!" From the
lack of credibility of any Fed exit, to the explosion of the monetary base,
Gary moves back and forth from Japan as an ever-more-obvious template for our
path past the Keynesian endpoint. Finally, he concludes that: "Bernanke is a kamikaze pilot... experimenting [in monetary
policy] and is destined to fail."
, David Rosenberg On The
'One-Trick Pony Market'
Global economic fundamentals are awful, bearish divergences are
occurring everywhere, investor sentiment is nearing bullish extremes, political
risks remain high and last week's market performance can be summed up in four
words - 'lack of follow through'. As
Gluskin Sheff's David Rosenberg explains, more than two-thirds of the rally points the stock market has enjoyed
since the summer-time lows occurred around central bank policy announcements. So the
market is really a one-trick pony here, breathing in the fumes of central bank
liquidity , America's Deadliest And
Poorest City Set To Disband Its Entire Police Force Over Budget Crisis While the stock market in the US continues
to surge (if not so much in China where the composite is back to 2009 lows) as
the relentless liquidity tsunami makes its way into stocks, and other Fed frontrunning instruments,
and only there, reality for everyone else refuses to
wait. Last week we saw reality striking in Greece, where a section of Athens literally shut down
after it ran out of all cash. Today, reality comes to the US, and specifically
its poorest city, Camden, which is a twofer, doubling down also as America's
deadliest city. It turns out Camden is about to become even deadliest-er, as
its police force is set to be disbanded following a budget crisis in this
effectively insolvent city. , The Fed Is Systematically
Destroying Social Security And The Retirement Plans Of Millions
Posted by : ilene Post
date: 09/24/2012 - SS Ponzi is approaching a
cliff. , Following QE8, Japanese
Teachers' Pension Fund Goes All-In: Focus on 'Return' Not 'Risk' Haven't we seen this picture before - and it
didn't end well? , Guest Post: QE For the People
- What Else Could We Buy With $29 Trillion? In a
system that depends on lies and the credulity of the citizenry, the greatest
lie is that the Federal Reserve's "quantitative easing" bailouts of
the banks somehow help our citizens and communities , Janjuah Stopped Out
‘…Nomura's Bob Janjuah remains 100% correct in his diagnosis and prognosis
of the current 'grossest misallocation and mispricing of capital in the
history of mankind'… "...risk
assets are in a bubble which of course can extend, but which can reverse
sharply and suddenly. Up here, 'valuation metrics' are not going to help
much... this bubble could extend for maybe a few months and by up to 10%,
...but that we could see global equity markets 10/15% lower in virtually a
'heartbeat'." , Overnight Sentiment: 'Rumors
Regurgitated, Refuted' Redux As German Economy Slips Again , Greece Caught Underreporting
Its Budget Deficit By Nearly 50%
, The Global Trade Cycle Turns
Lower , Daily US Opening News And
Market Re-Cap: September 24 Risk-averse sentiment dominated the
first half of the session today, as market participants digested yet another
disappointing macro economic data release from Europe (German IFO), which fell
for a fifth consecutive month. In addition to that, EU’s Van Rompuy said that he
sees tendency of losing the sense of urgency, likely pointing the finger at
Spain which is yet to request monetary assistance to prevent another
speculative attack. It remains unclear when the official request will be made,
but there is a risk that the application will only take place after regional
elections in late October or even after the Eurogroup meeting in November.
Finally, German finance ministry spokesman said that leveraging the ESM to EUR
2trl, as reported by Der Spiegel over the weekend, is not realistic and called
the report completely illusionary. As a result, peripheral bond yield spreads
are wider, with Italian bonds underperforming as markets prepare for this
week’s supply from the Treasury. Heading towards the North American cross over,
EUR/USD is seen lower by around 75pips and is trading in close proximity to the
1.2900 level, with bids said to be placed below. Talk of dividend related
buying in GBP/USD, as well as EU budget related selling in EUR/GBP by two
different UK clearers helped support GBP/USD. Going forward, there are no major
economic releases set for the second half of the session, but the BoE will
conduct its latest APF and the Fed will buy between USD 1.5-2bln in its latest
POMO.
Submitted
by Tyler Durden on 09/24/2012
9-21-12 We're Entering Another
Economic Collapse... Right As Inflation Hits LIft Off! Phoenix Capital Research 9-21-12 http://albertpeia.com/economiccollapseplusrisinginflation.htm , 21 Facts About America's
Decaying Infrastructure That Will Blow Your Mind http://theeconomiccollapseblog.com http://albertpeia.com/21factsamericasdecayinginfrastructure.htm , 100 DAYS UNTIL LARGEST TAX HIKES IN HISTORY... http://albertpeia.com/taxmaggedon.htm
, Dumb
money sees a rally, so gird for a dip , Dave’s Daily: http://etfdigest.com ‘QUAD WITCHING NONEVENT 9-21-12 I’ve been
taking a working vacation—better said,
working on catching some fish. But I note that since leaving on Tuesday not
much has changed with markets. In the eurozone it seems authorities there wish
to postpone serious decision making until after the U.S. election. That’s rather curious and let
you draw your own conclusion. Oil markets have taken a beating on inventory
issues. It seems the supposed “fat-fingered” trade or SPR release rumor
weren’t correct. It may be some
traders got some inside information on inventory data. Again, draw your own
conclusion…In the
meantime Friday’s
quad-witching was a pretty uneventful and volume was light. The dollar (UUP) remains
weak overall and precious metals like gold (GLD) and silver (SLV) remained
steady after some previous selling. Beyond Apple (AAPL) which as you know has
become “the market”, not much has changed
throughout the week. The leading sectors remain in real estate best expressed
by Homebuilders (ITB). Bonds (TLT) continued to be steady.Volume remains quite
light for quad-witching day although Thursday’s volume was higher as traders began to rollover and unwind
positions. Breadth per the WSJ was positive…’ , PIIGS In America: Is Illinois
Preparing To Request A Federal Bailout? ZeroHedge.com Moments ago
we saw the following amusing headline crossing the BBG:
ILLINOIS TEACHERS' PENSION FUND CUTS RATE OF RETURN TO 8% FROM 8.5%
It's
amusing because these are the same teachers who were demanding, and received, higher pay - 17% higher over four years in fact - following
a several day strike. It is even more amusing considering that in a fiscal year
in which we saw QE2, Operation Twist 1 and 2, and LTRO 1 and 2, the nation's largest pension fund,
Calpers, managed to
eek out a measly 1% gain (and this is including the end of June surge
following the then announced European bailout which turned out to be yet
another dud). It is, however sadly, most amusing, because it may be a harbinger
of something truly sad: the advent of the "PIIG bailout" to America,
when a US state demands a Federal bailout. We have seen how eager Europe has
been to bailout its insolvent nations. We are next about to see just how
"united" the US is when its own solidarity is tested as state after
state repeat the European bailout experience. But hey: at least we have the
dollar so all should be well. , How to Measure Strains Created
by the New Financial Architecture
, The Gaping Maw Of
Centrally-Planned Surreality
, Guest Post: QE3 And Bernanke's
Folly - Part II , Quad Witching Day Sends NYSE
Volume Soaring To Highest In Over A Year Between quarter-end, quad-witching, and the index-rebalancing,
activity at the NYSE soared today. More
than triple the average of the last few weeks, today's volume was the highest
since the US downgrade last August - over 13 months ago - and given
the downward pressure in prices into the close it seems more motivated sellers
than buyers locking in anticipated Fed/ECB gains. , Gold And Silver Trump US
Equities In Q3 And Year-To-Date
, Will Nasdaq Be The Next
Casualty Of The SEC's Anti-Latency Arbitrage Push? Back in 2009 Zero Hedge was first the
only, and shortly thereafter, one of very few non-conformist voices
objecting to pervasive high frequency trading and
other type of quantitative market manipulation in the form of Flash Trading (which has recently
reemerged in yet another form of frontrunning known as "Hide not Slide"
practices) quote stuffing, and naturally latency arbitrage: one of the most
subversive means to rob the less than sophisticated investor blind, due to an
illegal coordination between market markers, exchanges and regulators, which
effectively encouraged a two-tier market (one for the ultra fast frontrunning
professionals, and one for everyone else). A week ago we were amused to see
that the SEC charged the NYSE with a
wristslap, one for $5 million dollars and where the NYSE naturally
neither admitted nor denied guilt, accusing it of doing precisely what we said
it, and all others, had been doing for years: namely getting paid by wealthy traders, those using the prop data feed
OpenBook Ultra and other paid systems, to create and perpetuate a two-tiered
market, all the while the regulator, i.e., the SEC was paid to look the other
way. This action was nothing but a desperate, and futile,
attempt to regain some investor confidence in the market. It has failed, and
since said "enforcement" action has done nothing to restore
confidence, expect to see more exchanges slapped with fines for actively
perpetuating latency arbitrage opportunities for "some" clients.
Well, since the SEC will be desperate to come up with more means of
"restoring credibility" of both the market and its regulator, another
exchange it may want to look at is the NASDAQ, which as Nanex demonstrates, may
well have been engaging in comparable (most likely not pro-bono) latency
arbitrage benefiting some: those paying for its direct feed aka TotalView, and
thus not harming others, or those relying on the Consolidated Feed (UQDF) for
data dissemination.
On Santelli's Queasiness About
Bernanke's Quantitative-Easiness Between CNBC's Rick Santelli and
PIMCO's Mohammed El-Erian, this brief clip succinctly sums up the 'less than
ideal' reality of Bernanke's all-in bet and how the world is trying to 'trade'
it. Santelli analogizes: "Visualize
the biggest fire hose in the world, 20 miles away from a little Geranium plant?
Now this hose is going and going and going, and ultimately, that Geranium plant
gets a little bit of water but everything around it and leading up to it for
miles around is just underwater. That's QE, in my opinion." To which
El-Erian retorts: "at what point do you tell investors stop focusing
on the benefits and make the collateral damage the investment theme?"
It seems, given gold's outperformance, that this is exactly what is occurring
as the hose-pipe's flood spills out everywhere.
Art Cashin And Dick Fisher
Expose The Farce That America's Corrupt And Bought Congress Has Become
Dick Fisher speaks: "Just recently, in a hearing before the Senate, your
senator and my Harvard classmate, Chuck Schumer, told Chairman Bernanke, “You are the only game in town.” I
thought the chairman showed admirable restraint in his response. I would have immediately
answered, “No, senator, you and your colleagues are the only game in town. For you
and your colleagues, Democrat and Republican alike, have encumbered our nation with debt, sold our children down the river
and sorely failed our nation. Sober up. Get your act together. Illegitimum
non carborundum; get on with it. Sacrifice your political ambition for the
good of our country—for the good of our children and grandchildren. For
unless you do so, all the monetary policy accommodation the Federal Reserve can
muster will be for naught.”"
Presenting: President
Inflation …regarding
wobama/bernanke QE/currency debasement… It seems implicitly that Meyer Rothschild's famous
quote: "Let me control a peoples'
currency and I care not who makes their laws" has never
been more true. Or perhaps, the odds can be gamed to become self-confirming
(just as with HFT in stocks) - especially given the volume surge?
Romney
releases 2011 tax return, paid IRS 14.1 percent { Average for
americans is 13% … let’s talk about wobama’s record … of unequivocal failure …
the real, ineluctable and ultimate issue he’s been trying to divert attention
from … People must realize the magnitude of wobama’s failure and the
unaffordable, insurmountable expense of obfuscation: ‘…those who put their trust in proven failure wobama, all they have to
show for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure...’ ( 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 ) 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 now greater than ) $211 trillion’ … ) }
President
Obama Falsely Claims Fast and Furious Program "Begun Under the Previous
Administration" Obama's Legacy: A Failed Recovery & Double-Dip
Recession Forbes / Mariotti ‘…At some point, his
statute of limitations on blaming Bush runs out…’
Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White
House on weak jobs report: Don’t ‘read too much’ into it Olivier Knox, Yahoo! News { Riiiiight! Sounds like a plan! After all,
wobama’s gotten’ by on b***s*** and ‘special consideration’ alone, never having
done anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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!
Obama: 'We
get Virginia, we win' { Well there you go….it’s now a one state
Presidential race, winner take all…Wow!...The scary thing is that wobama seems
to believe his own b***s***, even when he knows same to be false; as, ie.,
Dreams, etc.. Another choom gang fantasy? He really insults people’s
intelligence. I personally believe, and strong case can be made, that wobama,
like fellow chitown pol jackson, jr., suffers from psychological disorder(s).
Indeed, at the least, from psychogenic/dissociative amnesia that makes the
aforementioned facts beyond the grasp of his ‘current unreality’. I also
believe that his heavy near everyday powerful pot (choom) use took its toll on
his cognitive functions that have facilitated his outlandish claims and
outright fabrications; exactly what the nation cannot afford in these
critical/perilous times! }
Obama Blames
GOP for Inability to Pass Immigration Reform { Riiiiight! Along with
all wobama’s other broken campaign promises, some within his executive branch
exclusive control, ie., those promised prosecutions of the biggest wall street
frauds that never came, etc.. Always somebody else’s fault according to wobama
the no accountability man, who motto is the debased buck stops with anyone but
him. How pathetic! }
84 Statistics That Prove The
Decline Of The Middle Class Is Real And That It Is Getting Worse
http://albertpeia.com/84statsdeclinemidclassrealgettingworse.htm
IT’S OFFICIAL: It’s Been
Announced That ‘Currency Wars’ Are Back On
Business
Insider | Brazilian Finance Minister Mantega has just
blasted the Fed’s QE3 policy for setting off “Currency
Wars”.
Have the Last 5 Years Been
Worse than the Great Depression?
9-20-12 Is America The Most
Materialistic Society In The History Of The World? http://albertpeia.com/americanmaterialism.htm
{ When it comes to american fortunes especially; particularly, ie., fraudulent
wall street-made fortunes, though there are otherwise some exceptions, that old
adage displayed at the beginning of one of Francis Ford Coppola’s masterfully
done mafia movies, viz., ‘Behind every fortune a crime’, is apposite. } , The
richest and poorest U.S. cities by income http://albertpeia.com/25uscitiesbyincome.htm , 10 Quotes From Financial
Experts About The Effect That QE3 Will Have On Gold And Silver http://albertpeia.com/10quotesfromfinancialexpertsreqe.htm
, Forget About QE… I’m Worried About UC September 20, 2012 http://gainspainscapital.com http://albertpeia.com/qeconsequences.htm ‘…Inflation
is back in a big way. It’s not going to show up in the official
numbers, but if you’ve paid for gas or food or healthcare
recently, you’ve no doubt noticed that: A)
Things are a lot more expensive B) You get way less bang for your
buck (food packages are shrinking while prices remain the same) This has been
the case for some time now. However, the Fed’s QE 3 program, combined
with the ECB’s OMT program, (both of which are “open
ended”
or “unlimited”
in scope), have taken things to a whole new level. Which is why we need to be
concerned not with QE, but with UC: Unintended Consequences. The Fed is largely composed of academics with little if any
professional/ banking experience. These are people who use flawed data (case in
point, the inflation measures in the US are a joke) to build models that they believe explain
how reality works…’
, Bernanke Fails At Herding Cats
Again As Market Simply Front-Runs The Fed... Again Zerohedge.com Once again, the unintended
consequences (or fundamental flaw as we noted previously)
remain front-and-center, just as with prior episodes of QE, we have seen the
market surge into the very assets that the Fed has promised to buy (in this
case into Eternity). 30Y current
coupon mortgages spread to 10Y Treasuries has fallen - rather stunningly -
below 20bps. An all-time record low by a mile. Homebuilders and
broad equity markets are not so excited as in his failed attempts to drive
people into risky assets (stocks), those 'smart' people have simply front-run the Fed's MBS buying deluge
- more than willing to sell the market back to the Fed while reaping some
additional yield. , The Payoff: Why Wall Street
Always Wins {and everyone else loses} - An Excerpt ‘...the pushback from Wall Street was intense and
multi-pronged. The Blob oozed through the halls of government, seeking, through
its glutinous embrace, to immobilize the legislative and regulatory apparatus,
thereby preserving the status quo. The executive jets of the Wall Street air
force flew sortie after sortie, transporting high-ranking emissaries from new
York to Washington to meet with the SEC, [Senator Chris] Dodd and [Senator
Richard] Shelby staff, and the staff of other senators on the Banking
Committee. Some of the executives, no doubt less enthusiastically, even met
with Josh and me. The research companies and market experts Wall Street employs
also raised their voices against us. At times it got ugly. Ted was called a
crackpot and dangerously uninformed. He was accused of “politicizing” market
regulation (a strange notion considering he wasn’t running for election). It seemed as if Wall Street,
which wasn’t used to someone on Capitol Hill asking in-depth
questions about arcane issues, wished to silence or marginalize its critics.
Industry people would always ask me, “What got Kaufman so interested in this stuff?” Used to
politicians whose top priorities were to please their home-state business
interests and raise money, they had trouble fathoming that Ted was so
interested because it was the right thing to do. He believed in fair markets.
And because he was genuinely concerned about emerging issues that threatened
the stock market, where half of all Americans keep a sizable portion of their
retirement savings.’ , Jim Grant: We Are Now All
Labrats Of Bernanke And The Fourth Branch Of Government ‘.."The Experiment Economy".."We are all living in a land of speculation and manipulation" is Grant's
summary of the current predicament of anyone who wishes to trade these
"markets" and it may as well be the best synopsis of the New
(ab)normal..’ , Guest Post: How to Navigate An
Economy Weighed Down By Government Meddling and Cronyism , Meet Robert Rubin: The Man In
Charge … of failure , Art Cashin's Post Mortem On
Japan's Now Failed QE 8
, Philly Fed Posts Fifth
Consecutive Negative Print, As Hopium Soars By Most Since 1991 The Philly Fed's current September Business
Indicators index, long ignored when bearish and cheered when bullish, came
slightly above expectations of -4.5, printing higher from last week's -7.1 to
-1.9. This was the fifth consecutive negative print. And while there were no
major highlights in the index, whose New Orders rose from -5.5 to 1.0 at the
expense of Shipments and Inventories, both of which imploded to worse then -20,
the real story is the Six Months expectations index, which exploded from 12.5
to 41.2: this was the biggest spike may not
ever, but certainly in the past 22 years! Is there any wonder why everyone is
transfixed with hope that Q4 will be the deus ex that saves the US economy. And
so we are back to being a hopium driven economy - when reality sucks, there may
not be much change, but there
is always hope that
finally, the central planners will get it right, and the future will be so
bright you've gotta wear Made in China shades. One word of caution: if the so
very much anticipated and 100% priced in Q4 recovery does not
materialize, and with the fiscal cliff and debt ceiling issues still
unresolved, get the hell out of Dodge, as the spread between hope and reality
comes crashing.
Bad News Is Bad News Again
We explained last week
why the initial exuberance from QEternity was likely to fade since it basically
removed all suspense from futures FOMC announcements - i.e. that bad news would once again become bad news as opposed to bad news
stoking the hopes or more-er QE. Well this morning's bad news - to
wit: China PMI, Europe PMI, and US initial claims - has indeed had a
detrimental impact on S&P futures as they approach fresh post-FOMC lows.
, Odds Of Avoiding Recession:
One In Thirty , Initial Claims Print Is So
Bad, It Is Actually Good, That Market Sees It As Bad Today's initial claims print was the 5th week
out of 6 in which expectations missed: instead of coming in at the consensus
number of 375K, down from last week's 382K, the BLS reported a miss to
expectations of 7K, resulting in a seasonally adjusted number of 382K, or what
is now once again secular shift higher. But, wait big miss was actually good
news: why? Because the ever data-massaging BLS was kind enough to revise last
week's print upward (for the 86th week in a row) from 382K to 385K
(just as we predicted last week) which in turn led to such farcical headlines
as " U.S. weekly jobless claims drop slightly to 382,000"
from the WSJ. And so bad news is now great headlines: Orwell would be proud.
Here is an alternative and realistic headline: "Initial Claims Rise Post
Next Week's Upward Revision."
, Bank Of America To Fire 16,000
By Year End , The New Con: Three-Card-Mario
Submitted
by Tyler Durden on 09/20/2012
For all
those who thought the smooth-talking, avuncular Goldman operative Mario Monti
would never lie when he said "Italy is fine", we have some bad news.
He did:
9-19-12 It’s Time to Air Out Ben Bernanke’s Dirty Laundry http://albertpeia.com/rainmanhelicopterbensdirtylaundry.htm , What Mitt Romney Also Said: A
Glimpse Of The Endgame?
ZeroHedge.com http://albertpeia.com/mittalsosaid.htm , 'Krugman's Kryptonite' Pedro
Schwartz On Creating Money Out Of Thin Air "A serious inflationary
disaster will only be prevented if governments succeed in reducing their
deficits and stop selling bonds" is how the infamous destroyer of Krugman,
Pedro Schwartz, describes the dangerous 'tennis match' being played between The
Fed and The ECB. In an excellent interview with GoldMoney's James Turk, the
Spanish 'Austrian' economist talks about bank regulation, the creation of money
out of thin air, and the beauty of a trult free market system. From fictional
reserve lending to the fragility (and boom-bust cycles) of our financial
system, the mild-mannered 'Keynesian-Krusher' concludes that "there has to be a change in social mentality - so that people realize
that nothing is free, and the government has to shrink." , The Fate Of The Rally Now
Rests In The Hands Of The US Consumer A funny thing happened on the way to QEternity - multiples
expanded by an aggressive 2x to reach their highest in two years as the
print-gasm hope was 'priced in' to the nominal value of the US equity indices
(and fundamentals didn't matter). During this period, which was all about
anticipation of the Fed, the real economy (that is earnings and revenues) have
been disappointing. From here, now that Ben has blown his eternal wad, it is up
to EPS and multiples - which leaves us with a little problem. As the chart
below shows, the next few quarters are the very picture of hopes, dreams, and
unicorns as Q4 EPS is somehow magically expected
to stop a straight line decline in YoY profits - and soar by 10%. The
driver of this miracle is the good old US Consumer - as discretionary spending now accounts for 100% of the expected EPS growth
and 300% of the revenue growth for the post-election, pre-year-end
extravaganza that is the lame-duck 'fiscal-cliff'-denying lead up to the
holidays. As we said yesterday, either you believe in math or you believe
in magic. , Bonds Up, Stocks Up (Just) Equity markets drifted from an unch open to
the overnight post-BoJ highs - albeit in an 8 point range and low volumes once
again, before giving it all back in the last few
minutes - as it dumped to VWAP (again!!). In other 'real'
markets, Treasuries rallied - led by
the long-bond playing catch up, the USD sold off on the day - aside from a
post-BoJ recovery higher which was dissolved into the US day session open,
Gold/Silver/Copper inched higher as the USD weakened but Oil continued its post-QE ritual sacrifice - now down
5.5% from pre-FOMC (back under $92) as the Saudi's promise more supply and the
IEA build was heavy. Credit markets underperformed - but we suspect this was
pre-roll moves and is not too signal-prone. Some standouts in the unreal world
of our efficient equity markets, JCP's remarkable rip-and-dip, AAPL's rapid
devolution from record highs to VWAP and an unch close at the last minute on
huge volume, and QCOR's multiple-halt day ending down 48%. VIX (fell
modestly) and the S&P 500 are back in sync and tracked each other all day. After the day-session close (small green), S&P futures drifted
further down and ended practically unchanged - on a heavy volume push. , Norfolk Southern, Adobe Cut
Outlook , South African Violence Returns
As All Miners Demand Pay Hike
, Sentiment Nearing Record
Bullishness While we are
bombarded with talking heads telling us that there is money-on-the-sidelines
and everyone is so bearish with the market climbing a wall of worry, the
reality - as we see across multiple asset classes - is that investors are
overweight risk assets (e.g. credit investors overweight IG and HY and mutual
fund cash at record lows), near-extreme
levels of bullishness (AAII and Put-Call Ratios), near extreme levels of
non-bearishness (AAII), and yet credit investors believe markets are overvalued
(though still buying) even as IG and HY bonds are seeing near-record highs in
advance-decline. , Gundlach Is Not A Fan Of
Socialism, Thinks Apple Is "Over-Bought" "the obsession with Apple is a truly remarkable social phenomenon - the
stock is over-believed and over-bought. There is NO exit for the Fed, QE3
will be ineffective, and it is more
likely that the Fed buys all the Treasury bonds that exist." , Guest Post: The Inevitable
Decline Of Retail , Prepare For A 15% Food Price
Surge, Rabobank Warns The
record US, and global, drought has come and gone but its aftereffects are only
now going to be felt, at least according to a new Rabobank report, which
asserts that food prices are about to soar by 15% or more following mass
slaughter of farm animals which will cripple supply once the current inventory
of meat is exhausted. From Sky News: "The
worst drought in the US for almost a century, combined with droughts in South
America and Russia, have hit the production of crops used in animal feed - such
as corn and soybeans - especially hard, the report said. As a result farmers have begun slaughtering more pigs and cattle,
temporarily increasing the meat supply - but causing a steep rise in the price
of meat in the long-term as production slows. "Farmers
producing meat are simply not making enough money at the moment because of the
high cost of feed," Nick Higgins, commodity analyst at Rabobank, told Sky
News. "As a result they will reduce their stock - both by slaughtering
more animals and by not replacing them." Somewhat ironically. food prices
are now being kept at depressed prices as the "slaughtered" stock
clears the market. However once that is gone look for various food-related
prices to soar: a process which will likely take place in early 2013, just in
time to add to the shock from the Fiscal Cliff, which even assuming a
compromise, will detract from the spending capacity of US (and by implication
global) consumers. , Guest Post: The Trouble With
Printing Money , ECB Debasement Is Akin To Work
Of Devil – Risk Of “Rapid Currency Depreciation” , August Housing Starts Less
Than Expected, Rise From Downward Revised Print , JPY10 Trillion Intervention
Half-Life: 5 Hours; Full Fade: 9 Hours , Chinese Protesters Chant
"Down With US Imperialists", Attack Car Of US Ambassador In Beijing
Submitted by Tyler Durden on
09/19/2012
The Trouble with Printing
Money
peakprosperity.com | QE3
reflects a colossal failure to address our predicament.
Michael Snyder | The Federal Reserve is absolutely
crushing savers and is systematically destroying Social Security.
“Dollar Index Headed for Rapid
Collapse” Over Next 3 to 4 Weeks
Mac Slavo | If you think the Federal Reserve’s
quantitative easing will only affect the US dollar, think again.
Fake Gold Bars Are Being Sold
In New York
Business Insider | The
Secret Service is reportedly investigating the matter.
Beijing hints at bond attack on
Japan
London Telegraph | A senior
advisor to the Chinese government has called for an attack on the Japanese bond
to bring the country to its knees.
9-18-12 Draghi and Bernanke’s Worst Nightmares Are About
to Unfold ‘…they’ve
both failed…’ http://albertpeia.com/draghibernankeworstnightmare.htm ,
MARKET WATCH HEADLINES http://albertpeia.com/marketwatchheadlines.htm , The Federal Reserve Is
Systematically Destroying Social Security And The Retirement Plans Of Millions
Of Americans http://albertpeia.com/feddestroyingsocialsecurity.htm , Tungsten-Filled 10 Oz Gold Bar
Found In The Middle Of Manhattan's Jewelry District ZeroHedge.com It is one thing for tungsten-filled gold bars to appear in the UK,
or in Germany: after all
out of sight, and across the Atlantic, certainly must mean out of mind, and out
of the safe. However, when a 10 ounce 999.9 gold bar bearing the stamp of the
reputable Swiss Produits Artistiques Métaux Précieux (PAMP, with owner MTP) and a serial number (serial #038892, likely rehypothecated in at least
10 gold ETFs across the world but that's a different story), mysteriously
emerges in the heart of the world's jewerly district located on 47th street in
Manhattan, things get real quick. Moments ago, Myfoxny reported that a
10-ounce gold bar costing nearly $18,000 turned out to be a counterfeit. The
discovery was made by the dealer Ibrahim Fadl, who bought the PAMP bar in
question from a merchant who has sold him real gold before. "But he heard
counterfeit gold bars were going around, so he drilled into several of his gold
bars worth $100,000 and saw gray tungsten -- not gold. The bar was filled with
tungsten, which weighs nearly the same as gold but costs just over a dollar an
ounce." , Bundesbank's Weidmann Likens
Draghi's OMT To "Devil's Work" , Bernanke, The Blind Archer , Guest Post: Corporate Profits
Squeeze For Large Caps
, Your Taxes At Work: All You
Need To Know About Who Pays What Taxes In The US since the charts speak for themselves. From
Buffett to a Burger-flipper, everyone has a view - driven in large part by
their anchoring bias of who they choose to listen to. The graphics below will
help, we hope, to clarify that thinking - whether you are the 1%, 47%, or
99%... , Bond Wars: Chinese Advisor
Calls For Japanese Bond Dump
, Taylor Rule Says The Fed
Should Be Tightening Now
, The One Chart That George
Washington Would Not Want To See
… the median net worth of the middle
class has plunged 28% since 2000 back to early 90s levels (while the
ruling class is up around 1%) and the lower tier down around 45%. Forget the
lost decade, watch these 90 seconds to get a clue and see that Japan is not the
only nation suffering under 20 years of subjugation. , US Totalitarian State Wins
After All: Obama Reinstates NDAA Military Detention Provision ‘…as Russia Today reports,
a lone appeals judge bowed down to the Obama
administration late Monday and reauthorized the White House's ability to
indefinitely detain American citizens without charge or due process. On
Monday, the US Justice Department asked for an emergency stay on the previous
Chris Hedges'-driven order, and hours later US Court of Appeals for the Second
Circuit Judge Raymond Lohier agreed to intervene and place a hold on the injunction.
The stay will remain in effect until at least September 28, when a three-judge
appeals court panel is expected to begin addressing the issue. It would appear
the total fascist takeover of Amerika is drawing nearer by the day. , Head Of MF Global Equity
Derivatives Trading Launches Hedge Fund Several weeks ago we learned that 2011's vaporizer extraordinaire
Jon Corzine is contemplating starting his own hedge fund:
presumably one that invests all its capital in Italian 2 year bonds, charges 2
and 20, and then disappears when all LP capital blows up in an AUM supernova.
Today, we learn that the stigma freeze associated with all other former MF
Global trading whizkids has officially melted, as the former head of equity
derivatives of MF Global has just launched a new hedge fund. From Bloomberg:
"Daniel Bystrom, former head of equity derivatives trading at MF Global
Inc., and Neil Boyarsky plan to start Hawksfield Capital LLC, a New York-based
equity volatility hedge fund, by the end of this month. Hawksfield Capital will
start with $10 million to $20 million of Bystrom and Boyarsky’s own
money, as well as capital from friends and family, Bystrom said in a telephone
interview. “The fund will deliver returns that are uncorrelated
and often negatively correlated to the returns of the typical hedge- fund
strategy,” Bystrom said. “The
opportunity set expands dramatically in times of higher volatility, when most
other asset classes are not performing well.” Such as the stock of MF Global
perhaps? , Some Shocking Perspectives On
Inflation And Currency Destruction By None Other Than The Federal Reserve Going back to the FOMC's own archives reveals
some truly stunning disclosures arising from none other than the Federal
Reserve on the topics of inflation, currency "debauching", money
creation, and what it would take for the Communists and Stalin to win. "I agree with you entirely that the Soviet dictators would like to bring
about our economic collapse and, as you know, inflation is perhaps the greatest
force for arraying the various sectors of a capitalistic economy against each
other. John Maynard Keynes stated in his 'Economic
Consequences of the Peace' (1919): 'Lenin
is said to have declared that the best way to destroy the Capitalist System was
to debauch the currency...Lenin was certainly right. There is
no subtler, no surer means of overturning the
existing basis of Society than to debauch the currency. The
process engages all the hidden forces of economic law on the side of
destruction, and does it in a manner which not one man in a million is able to
diagnose.'" , The Fed's Financial Repression
'Game'
Fed’s ‘QE-Infinity’ Will Push
Gold Up to $2,400: Pro
CNBC | Guy Adami: “Since the
Roman Empire, all fiat currencies have ended poorly.”
Max Keiser: Ultimate QE3
Meltdown
Infowars.com | Max Keiser reveals the true
financial agenda behind QE3.
Michael Snyder | The mainstream media is hailing QE3
as a great victory for the U.S. economy.
Russia Forgives $11 Billion In
North Korean Debt
Business Insider | The deal
could also help pave the way for a new gas pipeline.
As The China-Japan Conflict
Escalates, Whom Will The US Support?
Zero Hedge | In the end only one thing will
matter. Money, or more specifically, debt and credit formation.
Here Are The 47% Of The
Population Who Don’t Pay Federal Income Tax
Business Insider | The 47
percent number presumably refers to the percent of the population who don’t pay
Federal Income Taxes.
Obamacare to cause massive job
losses across food service industry
J. D. Heyes | Obamacare is set to claim another
casualty – the food service industry.
9-17-12 How QE3 Will Make The Wealthy Even Wealthier While Causing Living Standards To Fall For The Rest Of Us http://albertpeia.com/qe3wealthywealthiertherestpoorer.htm , Where We Are and Where We’re Going (Week of September 17, 2012) http://gainspainscapital.com http://albertpeia.com/hereandthere.htm , ‘
My sense is [QE3] is going to have a greater effect on inflation and a minimal impact on
jobs.’—Jeffrey Lacker
President , Richmond Federal Reserve Bank
, Dave’s
Daily: http://etfdigest.com
‘MARKETS TAKE A BREAK 9-17-12 China stocks were hit hard yesterday with Shanghai indexes
weaker by 2-2.5% and down to levels not seen since 2009. Much of this has to do
with leadership uncertainty as a changeover is at hand. The current government
seems caught between stimulus given weakening economic data and inflation
concerns occasioned by food, energy and housing prices. This data in turn
caused eurozone stocks to fall which then
hurt U.S. markets. In the U.S. the poor Empire State Mfg Survey results (-10.41
vs -2.00 expected & prior -5.85) continues to indicate economic
contraction. For bulls this may be QE friendly (“bad news is good” theme) but given the rally already experienced caused
some profit-taking.We should remember previous QE programs haven’t succeeded in solving the
economy’s primary
problems—unemployment
and protecting the purchasing power of the dollar (energy & food). I would
say the bloom isn’t off the QE
rose just yet but markets were much overbought and needing a break with some
reflection.Not tolerating any break is the real U.S. stock market doing
business as Apple (AAPL) which continues to ignore its lesser members and rally. It’s said nearly 2M new iPhone
5s were ordered already. Imagine all the new phone plans buyers have to
negotiate. Many Americans previously tied down by car debt (and still are) now
have cell phone provider debts to deal with as well.Everything that was up last
week begins this week lower and vice versa. There may have been some kind of
trading event at the CME regarding crude oil which dove
sharply in minutes. The pulled other commodity prices sharply lower as
well. Analysts were
hard-pressed to explain it.Volume
Monday returned to its former light volume ways perhaps highlighting a new
normal. Breadth per the WSJ was negative relieving some short-term overbought
conditions.’ , University of Colorado
prediction model points to big Romney win Read more: http://dailycaller.com/2012/08/23/university-of-colorado-prediction-model-points-to-big-romney-win/#ixzz26ZnrMS7E , How China's Rehypothecated
"Ghost" Steel Just Vaporized, And What This Means For The World
Economy
Zerohedge.com One of the key
stories of 2011 was the revelation, courtesy of MF Global, that no asset in the
financial system is "as is", and instead is merely a copy of a copy of a copy-
rehypothecated up to an infinite number of times (if domiciled in the UK) for
one simple reason: there are not enough money-good, credible assets in
existence, even if there are more than enough 'secured' liabilities that claim said
assets as collateral. And while the status quo is marching on, the Ponzi is
rising, and new liabilities are created, all is well; however, the second the
system experiences a violent deleveraging and the liabilities have to be
matched to their respective assets as they are unwound, all hell breaks loose
once the reality sets in that each asset has been diluted exponentially.
Naturally, among such assets are not only paper representations of securities,
mostly stock and bond certificates held by the DTC's Cede &
Co., but physical assets, such as bars of gold held by
paper ETFs such as GLD and SLV. In fact, the speculation that the physical
precious metals in circulation have been massively diluted has been a major
topic of debate among the precious metal communities, and is the reason for the
success of such physical-based gold and silver investment vehicles as those of
Eric Sprott. Of course, the "other side" has been quite adamant that
this is in no way realistic and every ounce of precious metals is accounted
for. While that remains to be disproven in the next, and final, central-planner
driven market crash, we now know that it is not only precious metals that are
on the vaporization chopping block: when it comes to China, such simple assets
as simple steel held in inventories, apparently
do not exist. , It's Just Getting Stupid! As Cantor's Peter Cecchini notes today "when things are this senseless, a reversion to sensibility will
occur again at some point." His view is to be long vol and as the
disconnect between the economic cycle and stocks continues to grow, we present
three mind-numbing charts of the exuberant hopefulness that is now priced in (oh yeah,
aside from AAPL actually selling some iPhones in pre-order). Whether
it is earnings hockey-sticks, global growth ramps, or fiscal cliff resolutions,
it seems the market can only see the silver-lining. We temper that extreme
bullish view with the fact that all the monetary policy good news has
to be out now - for Ben hath made it so with QEternity. , Goldman On The Fiscal Cliff:
Worse Before It Gets Better
As we have explained recently, the US fiscal cliff is a far more
important issue 'fundamentally' than the Fed's economic impotence. While most
market participants believe some kind of compromise will be reached - in the
lame-duck session but not before the election - the possibility of a 3.5% drag
on GDP growth is dramatic to say the least in our new normal stagnation. As
Goldman notes, the window to address the fiscal cliff ahead of the election has
all but closed, the 40% chance of a short-term extension of most current
policies is only marginally better than the probability they assign to 'falling off the cliff' at 35%. The base
case assumptions and good, bad, and ugly charts of what is possible are
concerning especially when a recent survey
of asset managers assigned only a 17% chance of congress failing to compromise
before year-end. Critically, and not helped by Bernanke's helping
hand (in direct opposition to his hopes), resolution of the fiscal cliff will
look harder, not easier, to address as we approach the end of the year - and
its likely only the market can dictate that direction - as the "consequence is terrible, but bad enough to force a deal." , Markets Gone Wild UPDATE: Denial: *WHITE HOUSE'S CARNEY SAYS `NO CHANGE' ON OIL
RESERVES , Guest Post: The Fed Has
Failed, Failed, Failed
, Full Summary Of The Latest In
Anti-American Sentiment
, Japanese Businesses Shuttering
Chinese Facilities As Mainland Anger Spreads , Empire Manufacturing Index
Prints At Lowest Since April 2009
Today's horrible piece of news, which at least on the surface was
supposed to send the market soaring, comes courtesy of the Empire Fed
Manufacturing Index, which printed at -10.41, the lowest print since April
2009, down from -5.85, and well below expectations of -2.0. The Index print
confirmed the biggest 6 month drop since records began. The components painted
a dire picture for jobs, with the employment index sliding from 16.47 to 4.26,
New Orders tumbling from -5.50 to -14.03, while, wait for it, prices rose, from
16.47 to 19.15. Re-stagflation here we come. Market for now seems confused -
since QE is priced into infinity, it is unclear if this latest datapoint
confirming a recessionary economy, QE can't be more-er infiniter. Best to not
respond to this, or any other macro news at all, which is precisely what the
market has done. For those who missed it, not only has Bernanke doomed the
global economy to stagflation and imminent food riots, while making the richest
0.001% richer than ever, he has completely broken any linkage between the
economy and the market. , Faber: Own Gold – “Don’t Store It In The U.S., The
Fed Will Take It Away From You One Day”
Guest Post: Dagan vs Netanyahu A regional war in the Middle East could
result, potentially sucking in the United States and Eurasian powers like
China, Pakistan and Russia. China and Pakistan have
both hinted that they could defend Iran if Iran were attacked — and for
good reason, as Iran supplies significant quantities of energy. And with the
American government deep in debt to foreign powers like China who are broadly
supportive of Iran’s regime, America’s ability to get involved in a war on Israel’s behalf is
highly questionable. And even without a war, further hostility and tension
between America and her creditors would surely result in an even faster rush
toward more bilateral and multilateral
agreements to ditch the dollar for trade, something that
America will almost certainly seek to avoid. So even with a President in the
White House significantly more sympathetic to Netanyahu than Obama, America may
find herself constrained by the realities of global economics, and unable to
assist Israel. Most discouragingly, such a high risk operation seems to offer
very little reward — a successful Israeli strike on Iran is estimated to
set back Iran’s program by only one to three years. And such
an operation would likely require bombings over many days and in many
locations. If Netanyahu wishes to go ahead with such a scheme then that is his
prerogative. But if he will not listen to Dagan’s wise counsel, why should the West rush to his aid
if his scheme backfires?
9-14-12 The Fed’s QE 3 Program: Short
Term Thinking For Long-Term Pain
September 14, 2012 http://gainspainscapital.com http://albertpeia.com/shorttermthinkinglongtermpain.htm
{ The problem is, it’s not even sound
short-term thinking. Oh sure, the fraudulent churn and earn markets are loving
this, yet some see this ‘non-economic’, costly obfuscating scam for its real
effect and detriment; ie., Egan-Jones
downgrades U.S. rating on QE3 move
, etc.. } Yesterday the Fed announced QE 3: an
open ended program through which the Fed will purchase $40 billion worth of
Mortgage Backed Securities every month until it decides that the world is right
again. The implications of this are severe.
However, the first question we have to ask is, “why now?”After all, stocks were
already at 4-year highs, food and energy prices were soaring, interest rates
were at record lows, etc. On top of this, the Fed failed to announce
QE 3 for over a year (QE 2 ended June 2011). Why announce it now? There are only two
reasons: 1) Things
are in fact far worse behind the scenes than we know (the Fed HAD to do
something to get more money into the system)
2) Politics ..…’
Egan-Jones
downgrades U.S. rating on QE3 move
By Wallace Witkowski
SAN FRANCISCO (MarketWatch) --
Egan-Jones Ratings Co. said Friday it downgraded its U.S. sovereign rating to
AA- from AA on concerns that the Fed's new round of quantitative easing, or
QE3, will hurt the U.S. economy. The ratings agency said the Fed's plan of
buying $40 billion in mortgage-backed securities a month and keeping interest
rates near zero does little to raise GDP, reduces the value of the dollar, and
raises the price of commodities. "From 2006 to present, the US's debt to
GDP rose from 66% to 104% and will probably rise to 110% a year from today
under current circumstances; the annual budget deficit is 8%," Egan-Jones
said in a note. "In comparison, Spain has a debt to GDP of 68.5% and an
annual budget deficit of 8.5%."
Egan-Jones downgrades U.S. rating to
AA- from AA
Inflation
worries push TIPS ETF to new high
BREAKING: Mo.'s Truman Bank is year's 42nd U.S. bank
failure
U.S.
stocks trim rise after U.S. downgrade
Oil
briefly tops $100 after Fed stimulus pledge
Dave’s Daily: http://etfdigest.com [ Anti-American
fury sweeps across an inflamed Muslim world { Despite casting this as being over a film,
it’s not just
the film; but as well, blowback for innumerable policy missteps that ultimately
included direct or indirect acts of violence/aggression. These people are not
blind, nor are they utter fools despite america et als’ foolish
assumptions and presumptions to the contrary. } ] ‘…Economic
data released Friday would normally be significant but not in this QE “more money
than brains” environment. The CPI came in as advertised (.6% vs .6%
expected & prior .1%; “core” .1% vs.2% expected & prior .1%) but remains the
manipulated joke passed off as legitimate data. Retail Sales were also about as
expected (.9% vs .8% expected & prior .9%) but then comes more comedy as
Retail Sales ex-gas & autos (.1% vs .4% expected & prior .8%) provides
a better picture. Industrial Production laid an egg (-1.2% vs 0% expected &
prior .5%) which is more difficult to manipulate. Consumer Sentiment jumped
(79.2 vs 73.5 expected & prior 74.3) but this too isn’t as
reliable a view as the Conference Board’s Consumer Confidence data which was crushed the
previously. Why the difference? The current data point is more heavily skewed
to stock prices. Lastly Business Inventories (.8% vs .5% expected & prior
.1%) you can draw two conclusions: companies are building inventory to meet
demand or they’re stuck trying to unload what has accumulated.The
infrequently modified DJIA dropped Kraft (KFT) and substituted United Health
Care (UNH) as the former is restructuring and spinning off subsidiaries. And,
as if it matters, lesser known but increasingly well regarded Egan Jones downgraded U.S.
debt once again from AA to AA- with the idea QE3 will do more harm
than good. (They’re so off the main narrative, eh?)So QE3 is in hand
and stocks followed through modestly higher led by financials (XLF), banks
(KBE) and materials (XLB). The dollar (UUP) continued its decline (inflationary)
while base (DBB) and precious metals (GLD & SLV) continued to rise. Bonds
(IEF) and (TLT) continued to decline. Volume continued to rise Friday but we
saw afternoon profit-taking as markets are short-term substantially overbought.
Breadth per the WSJ was positive once again…’
Stocks Are Not Cheap ZeroHedge.com 9-14-12
Valuations; stocks are cheap; money-on-the-sidelines; everyone's
bearish; trend is your friend. We've all heard them and we've all played them
but the following charts from Morgan Stanley will at least provide some nuance
of sense for those stunned into silence by a market seeing its nominal price
surging amid Bernanke blowing bubbles. The headline
is - with
real rates this low (and
staying low for a few more years yet) current P/E multiples are extremely high and even on a long-run empirical basis, hope remains excessive at
22xShiller P/E versus an average 16x. Remember, a
long-term investment is a short-term trade gone bad. But it seems for now that
you buy because you'll always be able to sell it back higher to the next smarter
dumber greater fool.
Submitted
by Tyler Durden on 09/15/2012
Here are some common-sense rules for such a "new market":
1.
Every offer and bid will be left up for 15 minutes
and cannot be withdrawn until 15 minutes has passed.
2.
Every security--stock or option--must be held for a
minimum of one hour.
3.
Every trade must be placed by a human being.
4.
No equivalent of the ES/E-Mini contract--the futures
contract for the S&P 500--will be allowed. The E-Mini contract is the
favorite tool of the Federal Reserve's proxies, the Plunge Protection Team and
other offically sanctioned manipulators, as a relatively modest sum of money
can buy a boatload of contracts that ramp up the market.
5.
All bids, offers and trades will be transparently
displayed in a form and media freely available to all traders with a standard
PC and Internet connection.
6.
Any violation of #3 will cause the trader and the firm
he/she works for to be banned from trading on the exchange for life--one
strike, you're out.
Is such a retail-trader friendly exchange possible? There would
certainly be a nice profit in it, for everyone who is tired of providing
liquidity for HFT firms would flee the existing exchanges in a New York minute.
BofA Sees Fed Assets
Surpassing $5 Trillion By End Of 2014... Leading To $3350 Gold And $190 Crude , Rosenberg: "If The US Is
Truly Japan, The Fed Will End Up Owning The Entire Market" ‘… The
wealth effect may well stimulate economic activity at the bottom of an
inventory or a normal business cycle. But this factor is really irrelevant at
the trough of a balance sheet/delivering recession. The economy is
suffering from a shortage of aggregate demand. Full stop. It just perpetuates the inequality that is building up in the country, and
while this is not a headline maker, it is a real long term risk for the health
of the country, from a social stability perspective as well ,
On This Week In History, Gas
Prices Have Never Been Higher
, Egan Jones Downgrades US From
AA To AA- From Egan-Jones,
which downgraded the US for the first time ever last July, two weeks ahead of
S&P: "Up, up, and away - the FED's QE3 will stoke the stock market and
commodity prices, but in our opinion will hurt the US economy and, by
extension, credit quality. Issuing additional currency and depressing interest
rates via the purchasing of MBS does little to raise the real GDP of the US,
but does reduce the value of the dollar (because of the increase in money
supply), and in turn increase the cost of commodities (see the recent rise in
the prices of energy, gold, and other commodities). The increased cost of
commodities will pressure profitability of businesses, and increase the costs
of consumers thereby reducing consumer purchasing power. Hence, in our opinion QE3 will be detrimental to credit quality for the
US."
, Guest Post: QE3 And Bernanke's
Folly - Part I , Inflation Expectations Suggest
5% Inflation Is In The Cards
‘…there is a clear lag between the rise in
market-implied inflation and it showing up in the unicorn-laden CPI prints [ Actually, it’s just
plain understated, and, not the first time they’ve lied … ( 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…) ] - what this means is that given the hubris
of the Fed yesterday, market
expectations of inflation are inferring CPI could rise to over 5% within the
next 3 to 6 months. It will surely be difficult for Ben to
keep-on-buying ('Finding Nemo'-like) in the face of that kind of 'transitory'
rise in real data - though for now, real money remains bid as risk comes off a
little (even as the long-bond yield blows 26bps higher this week) - oh and CPI and PPI jump their most in 3
years.’ , Germany Opines: "Obama's
Middle East Policy Is in Ruins" , Guest Post: This Is Blowback ZeroHedge.com The YouTube video depicting
Mohammed is nothing more than the straw that broke the camel’s
back. This kind of violent uprising against American power and interests
in the region has been a long time in the making. It is not just the
continuation of drone strikes which often kill civilians in Pakistan, Yemen,
Somalia and Afghanistan, either. Nor is it the American invasions and
occupations of Iraq and Afghanistan. Nor is it the United States and the West’s support
for various deeply unpopular regimes such as the monarchies in Bahrain and
Saudi Arabia (and formerly Iran). Nor is it that America has long favoured
Israel over the Arab states, condemning, invading and fomenting revolution in
Muslim nations for the pursuit of nuclear weapons while turning a blind eye to
Israel’s nuclear
weapons and its continued expansion into the West Bank.
Anti-American
fury sweeps across an inflamed Muslim world {
Despite casting this as being over a film, it’s not just the film; but as well, blowback for innumerable policy
missteps that ultimately included direct or indirect acts of
violence/aggression. These people are not blind, nor are they utter fools
despite america et als’ foolish assumptions and
presumptions to the contrary. [ Guest Post: This Is Blowback ZeroHedge.com The YouTube video depicting
Mohammed is nothing more than the straw that broke the camel’s back. This kind of violent uprising against American power and
interests in the region has been a long time in the making. It is not just the
continuation of drone strikes which often kill civilians in Pakistan, Yemen,
Somalia and Afghanistan, either. Nor is it the American invasions and occupations
of Iraq and Afghanistan. Nor is it the United States and the West’s support for various deeply unpopular regimes such as the monarchies
in Bahrain and Saudi Arabia (and formerly Iran). Nor is it that America has
long favoured Israel over the Arab states, condemning, invading and fomenting
revolution in Muslim nations for the pursuit of nuclear weapons while turning a
blind eye to Israel’s nuclear weapons and its
continued expansion into the West Bank. ]
}
Romney and the GOP still toe the Bush line Republican leaders are sick and tired of
Democrats blaming all the nation's problems on George W. Bush, and of being
tarnished by the former president's legacy. { The problem for the democrats is
that, unfortunately for the nation and world, wobama’s essentially followed
dumbya bush’s failed legacy with few exceptions (ie., wobama/holder’s
predisposed contraindicated favoritism/bias towards blacks including black
panthers, etc.). Indeed, many within ‘the fold’ include ‘bush men’ (ie.,
mueller, bernanke, etc.); and comparable failed policies as, ie., protracted
unnecessary war, profligate spending worse than bush, rule by proclamation/executive
orders, no prosecution of huge wall street frauds, etc., all contrary to
campaign promises/b***s*** that got him elected, a mistake that won’t be
repeated this time around. }
9-13-12 Graham Eats Humble Pie
September 13, 2012 http://gainspainscapital.com { This is an especially great opportunity to
sell this suckers’ market/take profits! Nothing’s been
solved! Just because ‘no-recession-helicopter-ben’ says
something, does not mean it’s true (remember that ‘no recession call’ of his; and, of course, no QE before the election,
prospectively, already discounted many times over by the ‘markets, such
as they are, ie., algo buy programs, etc.. ).
All this and now ‘whatever’ is too little and too late for the uss Titanic which
has taken on too much, not water, but b***s***. This was a desperate move,
bespeaking desperation.The fact is things are ominously so bad, and worse than ‘allowed’ to be seen
for the moment, that something as this QE which is economically and financially
contraindicated and a proven failure for all but the frauds on wall street
along with their cohorts including desperate politicos, is resorted to in
desperation to divert attention from their unequivocal failure. After all,
though having cost so many americans their jobs with wrong calls and policies,
bernanke is trying to save his own by inflating the markets (along with everything
else, ultimately hyperinflationary) for
fellow failure wobama’s sake (wobama rehired failure bernanke, President
Romney would have fired, and will fire him … goldman sachs knew this dollar debasing failed
policy QE 3 would come and at the expense of the muppets…that’s their
term for all you suckers). I further believe this contraindicated largess to
the frauds on wall street is to preserve his post fedship tenure job
possibilities by ingratiating himself even further with those nefarious,
self-serving interest groups. } {Alas,
poor Graham…} ‘For months I’ve predicted we wouldn’t see QE 3. It’s now clear I was wrong. The Fed just announced QE 3.
And while the implications of this will not be positive for the cost of living
in the US, or ultimately the markets (inflation will eat away profit margins),
the fact of the matter is that on this forecast I was totally and completely
wrong. With that in mind, I’m openly admitting that this call was 100% incorrect.
Ditto for my predictions of the ECB’s moves. The ECB’s actions are of questionable value. However, the
fact remains that the ECB is monetizing bonds or will at least try to (unless
Germany stops them). So I was 100% wrong there too…’ , The Fed Panicked Posted by: Econophile
Post date: 09/13/2012 - The Fed panicked. It is
extraordinary that the Fed would announce an open-ended "we'll print as
much as it takes, as long as it takes" policy. Chairman Bernanke is
sending a signal to the markets and... ‘ , Dave’s
Daily: http://www.etfdigest.com ‘FED IN FOR A PENNY IN FOR A POUND 9-13-12
Basically the Fed has gone too far done the money printing mode to stop
now. They believe what their policies will stimulate employment but all
operations in this regard have failed. The Bernank will spin this as an
apolitical move coming two months before an election that could cost him his
job…just sayin’.The highlights include: Fed to keep policies stimulative
for a considerable time. The Fed will buy $40 billion Mortgage Backed
Securities continuing Operation Twist and extends (aspirationally) ZIRP into
2015. The key language is the following sentence from the official
announcement:“If the outlook for the labor market does not
improve substantially, the Committee will continue its purchases of agency
mortgage-backed securities, undertake additional asset purchases, and employ
its other policy tools as appropriate until such improvement is achieved in a
context of price stability.”This policy is intended to
boost asset prices and prevent a Japanese style deflationary cycle. No matter
what they say, TPTB will always choose inflation vs deflation every time. Thus
far they’ve succeeded in supporting their primary
clients, the mega-banks. Beyond that these operations might see liquidity
trickle down to the 99%. For the rest of us now, it might be better to just
toss money out the window like the bank robbers yesterday. At least this would
go directly to the people, again…just sayin’. Price stability which
they believe exists, exits only in the conjured-up data from the flawed
structure of the CPI and other measures. My understanding is there isn’t
enough MBS debt around for them to buy at $40 billion a month. Maybe they’ll
start going to garage sales to buy stuff thus pumping up prices. The bottom
line for us is we’re long markets from stem to stern so why
should we complain? Being disciplined and systematic is more important than
raging at the machine. One thing QE has done is to make a hash of normal
technical analysis since “the more money than brains”
theme trumps everything. Let’s just say everything was higher today
with the exception of the dollar and conventional bonds. Volume on this bullish
QE day was much higher than recently putting previous light volume melt-ups in
the rear view mirror. Breadth per the WSJ was quite positive but shy of a 90/10
overall…’,
QE3: Helicopter Ben Bernanke
Makes It Rain Money http://albertpeia.com/debaseddollarfailedstrategy.htm ‘…The course that the Federal Reserve has set us on is
utter insanity. Ben Bernanke can rain money down on us all he wants, but
it is not going to do much at all to help the real economy. However, it
will definitely hasten the destruction of the U.S. dollar…’ , The Punchline In His Own Words:
Bernanke Advocates Blowing Asset Bubbles As The Antidote To Depression ZeroHedge.com If there was one absolutely must see moment exposing everything
that is broken with the Fed's brand new policy of QE-nfinity, it was this
exchange between Reuters' Pedro da Costa and
the Chairman. It explains, beyond a reasonable doubt, that the only goal the Fed now has is to reflate the stock market bubble
to previously unseen levels, to focus on generating jobs although not for
everyone but only for Wall Street, consequences be damned, because by the time
the consequences arrive, and they will (just recall that subprime is contained)
they will be some other Fed chairman's problem. Bernake's term mercifully runs
out in January 2014 , Up In case you missed it. Markets soared on the
back of possibly the darkest day in central-planning banking largesse. Gold and Silver were the biggest winners, though
stocks will get all the attention we are sure. Treasuries initially sold off on
the news that this was an MBS program (and mortgage spreads collapsed from already record tights) but by
the close, Treasury yields had almost round-tripped to pre-FOMC levels. For the
first hour or so after the news, all assets moved in sync and correlations
soared across risk-assets, but as the afternoon wore on, FX carry consolidated,
Treasuries retreated (and 2s10s30s fell), dragging risk lower leaving stocks up near their highs in a world of unicorns
and free-money. Notably, it appeared that stocks caught up to
high-yield credits' recent exuberance and then found little ability to push
ahead. HYG (the high-yield bond ETF) remains notably rich to real bond prices. VIX tumbled under 14% (down almost 2 vols) but notably the term
structure of vol collapsed even more - as it seemed the QuEnfinity prompted
longer-term hedges to be lifted. A remarkable day in many ways as the
S&P crosses over 14x P/E and AAPL over 20% of the Nasdaq-100. , Guest Post: Psychoanalyzing
The Fed There is one last irony in Bernanke's constant promotion of his powers
to unleash QE. Having talked up the market for years with his
promises/threats of QE, the market has priced in ever higher doses of QE, in
effect bidding expectations of QE's effectiveness to the sky. Bernanke has lost
the power to surprise the market. Having raised expectations to the sky, he
must deliver something beyond the stratosphere to surprise the market. But he
doesn't have anything capable of matching the absurd expectations he's
inflated, never mind exceed them. The
only surprise left is a negative one. Chairman Bernanke and his fellow
doves will soon realize the consequences of over-promising and
under-delivering. It works better the other way around, but now it's too
late. , Fed Releases Latest Economic
Forecast Which Will Be Proven 100% Wrong With a few minutes to go until Ben speaks, the entirely useless
projections are out (as noted before by Reuters that the Fed has been
constantly wrong in its forecasts). The stunning punchline is that according to
the Fed things are not as bad as one would have expected given the dramatic
open-ended shart-fest that Bernanke is portraying. In fact, things are
improving per the FOMC! Though we assume that these projections are
self-defeating since they likely include this new policy. Be interested to see
the pre-policy projections.
One
wonders, whether in addition to having excel models which appoarently do not
recognize circular assumptions, if the Fed's forecasts also assume $10 gas,
$100 loaves of bread, and $10,000 gold?
I THINK IT IS TIME TO RECOGNIZE THAT BERNANKE IS TOTALLY BURNED OUT
IF NOT ABSOLUTELY INSANE (YOU RECALL THOSE PROPAGANDA ROUNDS AT THE SCHOOLS,
ETC.; THOSE CAPTIVE AUDIENCES WHO COULDN’T CARE LESS). HE IS
TOTALLY INCOMPETENT! THE FACT IS, BEYOND THE BLATANT FAILURE OF HIS CONSISTENTLY
FAILED POLICIES, HE STILL TALKS OF ‘GROWTH’ AS BEING SOMETHING OTHER THAN THE INFLATIONARY IMPACT OF
INFLATIONARY QE AND UNDERSTATED INFLATION AND HIGHER PRICES THEREBY. IT’S REALLY QUITE INCREDIBLE THAT ANYONE BELIEVES ANY OF THEIR
B***S***!
9-12-12 Where Would the S&P 500 Be
Without Fed Intervention? September
12, 2012 http://gainspainscapital.com http://albertpeia.com/snpfed.htm‘We’ve entered
a truly dangerous environment in the financial markets. Economic fundamentals
are deteriorating rapidly. Consider the US…By all counts, the latest ISM (a measure of
manufacturing in the US) was a complete and total disaster. In August the ISM
hit 49. Anything below 50 is considered a recessionary rating.However, things
are even worse below the surface. The ISM is made up of several components. Its
Production component is back to May
2009 levels. The New Orders component is back to April 2009 levels. And worse of all, Prices Paid is up to 54, up from
a reading of just 39 in July. In very simple terms this tells us that
inflation appears to be hitting “lift off” in the US at the very same time that we are entering
another recession that could potentially be on par
with that of 2008. And with corn and soybean prices at or near record
highs, we could be on the verge of a stagflationary disaster combined with a
food crisis at the very same time. We get additional confirmation of a major
economic contraction from corporate earnings. Recently we’ve seen
earnings forecast cuts from Fed Ex, Bed Bath and Beyond, Proctor and Gamble,
Adobe, Starbucks, McDonald’s and more. Indeed, when you remove financials,
S&P 500 earnings FELL year over year for 2Q12. This is hardly indicative of
a strong economy. The fact a record number of Americans are on food stamps doesn’t bode well
either. And the Rasmussen Employment Index indicates worker confidence is at
levels not seen since the FALL OF 2008! Against this backdrop, stocks have
rallied higher and higher on hopes of more liquidity from global Central Banks.
As a result, the market has completely disconnected from underlying economic
realities. Based on the business cycle alone, the S&P 500 should be closer
to 1,000. And even the NY Fed has revealed that without the impact of Fed
meetings, the S&P 500 would be at 600! This is a truly staggering admission
from a Fed official. This is the Fed admitting to us, point blank, that without
investors trading based on hopes of Fed intervention, the markets would
essentially be even lower than they were in March 2009…’ , Things Are Getting Worse:
Median Household Income Has Fallen 4 Years In A Row http://albertpeia.com/thingsworseincomefalls4inarow.htm , Thanks Obama - The Terrorists
You Used To Topple Regimes In Egypt And Libya Are Now Attacking Our Embassies http://albertpeia.com/thankswoforblowback.htm , US Totalitarianism Loses Major
Battle As Judge Permanently Blocks NDAA's Military Detention Provision Zerohedge.com Back in January, Pulitzer winning journalist Chris Hedges sued
President Obama and the recently passed National Defense Authorization Act,
specifically challenging the legality of the Authorization for Use of Military
Force or, the provision that authorizes military detention for people deemed to
have "substantially supported" al Qaeda, the Taliban or
"associated forces." Hedges called the president's action allowing
indefinite detention, which was signed into law with little opposition from either
party "unforgivable, unconstitutional and exceedingly dangerous."
He attacked point blank the civil rights farce that is the neverending
"war on terror" conducted by both parties, targetting whom exactly is unclear, but
certainly attaining ever more intense retaliation from foreigners such as the
furious attacks against the US consulates in Egypt and Libya. He asked
"why do U.S. citizens now need to be specifically singled out for military
detention and denial of due process when under the 2001 Authorization for Use
of Military Force the president can apparently find the legal cover to serve as
judge, jury and executioner to assassinate U.S. citizens." A few months
later, in May, U.S. District Judge Katherine Forrest ruled in favor of a
temporary injunction blocking the enforcement of the authorization for military
detention. Today, the war againt the true totalitarian terror won a decisive battle, when in a 112-opinion,
Judge Forrest turned the temporary injunction, following an appeal by the
totalitarian government from August 6, into a permanent one. , Here's Hilsenrath With What To
Expect Tomorrow By now
everyone knows that the WSJ's Jon Hilsenrath is spoon-Fed information directly
by the Fed. Even the Fed. Which is why everyone expected the Fed to ease last
time around per yet another Hilsenrath leak, only to be largely disappointed,
invoking the term Hilsen-wrath. Sure enough, it took the market only a few
hours to convince itself that "no easing now only means more easing
tomorrow", and sure enough everyone looked to the August, then September
FOMC meetings as the inevitable moment when something will finally come out. So
far nothing has, as the Fed, like the ECB, have merely jawboned, since both
know the second the "news" is out there, it will be sold in stocks, if
not so much in gold as Citi explained earlier.
Regardless, the conventional wisdom expectation now is that tomorrow the Fed
will do a piecemeal, open-ended QE program, with set economic thresholds that
if unmet will force Bernanke to keep hitting CTRL-P until such time as Goldman is finally satisfied with
their bonuses or unemployment drops for real, not BS participation rate
reasons, whichever comes first. As expected, this is what Hilsenrath
advises to expect tomorrow, less than two months from the election, in a move
that will be roundly interpreted as highly political, and one which as Paul
Ryan noted earlier, will seek to redirect from Obama's economic failures, and
also potentially to save Bernanke's seat as Romney has hinted on several
occasions he would fire Bernanke if elected. Here is what else the Hilsenrumor
says. , Bill Gross Sells $30 Billion
In Treasurys In August As Total Return Fund Cuts Government Exposure By Over A
Third , Grand Theft Auto: FOMC City -
Bank Robbers Throw Cash Out Of Volvo In South Los Angeles , Citi: If NEW QE, Then Buy Gold , Inside The Student Loan Debt
Bubble , Guest Post: Cui Bono Fed: Who
Benefits from the Federal Reserve?
Cui bono--to whose benefit?--is a skeptic's scalpel that cuts through
the fat of propaganda and political expediency to the hard truth. Since the
world has been trained (in Pavlovian fashion) to hang on every word issued by
America's privately owned central bank, the Federal Reserve, it's appropriate
to ask a simple but profound question: Who benefits from the Fed's
existence and its policies of loaning "free money" to banks at 0% and
ZIRP (zero interest rate policy)? The Status Quo's answer is "the
American people," of course, a deliciously juicy layer of "Big
Lie" propaganda and obfuscation. Any healthy political and financial system would have broken the
fraud-based system and dismantled the failed banks en masse in an orderly
fashion. One institution stopped this from happening: the
Federal Reserve. The Fed exists to serve the banks. Everything else is
propaganda. Ever-expanding debt leaves America a nation of wealthy banks and
increasingly impoverished debt-serfs. Cui bono, baby.
Barrick CEO: Gold Will Top
$2,000 in Next Year
CNBC | Gold
last rallied near $2,000 at a high of $1,900.30 last year in September.
China And Russia Are Ruthlessly
Cutting The Legs Out From Under The U.S. Dollar
The Economic Collapse | The mainstream media in the
United States is almost totally ignoring one of the most important trends in
global economics.
What Is Your Financial
Breaking Point?
Tom Chatham | At what
point will you cease to have a roof over your head?
Germany’s decision either
means a rapid Eurozone financial collapse, or inevitable hyperinflation
Mike Adams | The financial collapse of the Eurozone
may be upon us.
America’s Under Water: Debt
Equals 103 Percent of GDP
CNS News | The debt of the United States government
eclipsed the value of the Gross Domestic Product of the United States on April
2 of this year.
UK banks could be shut down or
forced into bail-outs by Brussels
London Telegraph | Banks in London could be shut down
or forced into taxpayer-funded bail-outs against the wishes of the British
authorities.
9-11-12 Dave’s Daily: http://www.etfdigest.com
‘MARKETS IN
WAITING GAME 9-11-12 It was a mix of news Tuesday. The featured
story was Moody’s stating they’ll be cutting the U.S. rating one notch if
politicians can’t agree on debt reduction plans. Germany’s Schauble piled on
stating U.S. debt to GDP ratio was much too high. This sent the dollar (UUP)
lower and gold (GLD) higher once again. Gold is also being buffeted as South
African miners continue violence marred strike and have ignored orders to
return to work. The trouble here has thus far been ignored by the MSM
domestically. Extraction costs for miners are rising due to increased depths
they must go yet strikers want more pay. As this continues available gold
supply is reduced. Elsewhere the U.S. trade deficit remains high on poor
exports but MacDonald (MCD) reported better sales that still missed
expectations. A riot developed at the U.S. embassy in Egypt as Islamic
protestors scaled the embassy’s wall, tore down the U.S. flag and flew an Islamic
flag in its place. They were supposedly protesting a film that was negative in
some way toward Islam. The odd thing was no one could identify the film in
question. Perhaps it was just a 9/11 stunt. All eyes will be glued to the
German court Thursday which will decide the constitutionality of bond buying
and the ESM (European Stability Mechanism). Most pundits think it will be
approved but one never knows. What takes place in California with Apple (AAPL)
Wednesday may be just as important as they unveil another “I got to have
it” gizmos.
Some have even gone so far as to speculate that the new products will boost
U.S. GDP all by themselves. Seriously! This
idea must not take into account that these gizmos are manufactured
overseas.Then of course there is Ben & Co which is part of the early
September waiting game. This means most investors are on the sidelines playing
the waiting game until Thursday afternoon. For us it makes posting short and
uninformative so why stretch it out.Stocks recovered Tuesday, well, because
they did. It isn’t unusual for a weak dollar to boost stocks
particularly as overseas investors see the U.S. on sale.Volume dried-up once
again and is hardly worth mentioning except for setting contemporary light
volume records. Breadth per the WSJ was positive…’
‘Yesterday
we worked through the illusion to the reality of the ECB’s
“unlimited”
bond purchases, the end result being that we discovered the ECB:
1)
Didn’t
announce anything new
2)
Is implementing the same policies it’s tried twice before with
no success (see Greece)
3)
Is implementing policies that neither Spain nor Italy will go for…
And
finally…
4)
Has solved nothing due to the fact that of the two mega-bailout funds, one has
only €65
billion in firepower left and the other has yet to be ratified by Germany
Today
we turn our attention to the US’s Federal Reserve where the whole world
expects the Fed to announce QE 3 at its FOMC meeting this Wednesday and
Thursday.
There
is a small problem of math with this. The Fed currently owns all but
just $650 billion of the outstanding 10-30 year Treasuries. At this point, even
a $200-300 billion QE program would create serious liquidity problems for the
financial system. So scratch that idea off the list.
Of
course, the Fed could potentially implement another agency/MBS QE program. But
that would be a very political move with the Presidential election so
close. This, combined with current food and energy prices, makes it unlikely
the Fed would want to do this: too many consequences with too little to gain
(stocks are at four year highs).
Indeed,
if anything, the Fed is likely to pull a “ECB”
move, namely promising something vague that it actually cannot deliver on. Why
would the Fed do this? Because, like the ECB, the Fed is running out of
bullets. Indeed, St Louis Fed President James Bullard all but admitted
this to the Financial Times:
“I am a little – maybe more than a little bit – worried about the future of central banking,”
said James Bullard, president of the Federal Reserve Bank of St Louis, in a
Financial Times interview at Jackson Hole. “We’ve
constantly felt that there would be light at the end of the tunnel and there’d
be an opportunity to normalise
but it’s not really happening so far…” On that note, if you are
not preparing for a bloodbath in the markets, now is the time to do so. The
reality is that the Central Banks are fast losing their grip on the markets.
They’ll
never admit this publicly, but I can assure you that Bernanke and pals are
scared stiff by what’s happening in the banking system right
now…’
http://albertpeia.com/debaseddollardown.htm
‘The
mainstream media in the United States is almost totally ignoring one of the
most important trends in global economics. This trend is going to cause
the value of the U.S. dollar to fall dramatically and it is going to cause the
cost of living in the United States to go way up… If we keep debasing our currency like this, at some
point the rest of the world is going to decide that China and Russia have been
right all along and that we need a new global reserve currency.That day is
coming. It might not come tomorrow or next week or next month but it is
definitely coming.
Once the
U.S. dollar loses reserve currency status, that will be a major turning point
in the history of our country. We will never fully recover from that, and
we will never get back to the same level of prosperity that we are enjoying
today.So enjoy spending those dollars while you can. The party is almost
over.’
September 11 – Eleven Years Later (Selected
Statistics)
ZeroHedge.com On the anniversary
of the most emotional day in our collective memory, here are some key
statistics in the interest of truth, justice and the American way: http://albertpeia.com/september11stats.png , Guest Post: De-Industrialisation
And Male Jobs , In Response To Japanese
"Antagonism" Over Senkaku Islands, China Dispatches Two Patrol Ships { Wow! Looks like war between China and
Japan … Just
kidding…Japan versus the 800 pound gorilla in the world?…Japanese
command of math/probabilities is not that bad! } , Guest Post: Who Moved My
Recession? Lakshman Achutan,
ECRI (Economic Cycle Research Institute) made a recession call for the US on September 30, 2011
(and confirmed it multiple times since then). Gary Shilling, titling his August
letter “Global Recession”, says “We are already in a global
recession {This is correct!
} .” However,
equity markets don’t think so, with the S&P 500 trading less than
10% away from a new all-time high. Only one side can be right. Could this be a repeat of October 2007, when the S&P 500 hit new
all-time highs mere six weeks before the “Great
Recession” began? { Yes…regardless how drawn out by manipulation they make it! } Are so-called leading indicators, as used by
the Conference Board, still reliable? { No! Stock prices being a prominent
example but all are being manipulated for show. } Established leading indicators incorporate questionable input.
While there is no perfect indicator, a combination of the ones tested here,
weighed by accuracy, confidence and timeliness should produce a good reading.
The higher-confidence indicators say that 2011 was a “close call”, but we
are currently not in a recession. However, a lot of lower-confidence indicators are showing readings consistent
with a severe recession. , Firm That Brought You
Holo-Tupac Dies Less Than A Year After IPOing, Taking Millions In Taxpayer
Subsidies With It , Zuckerberg Speaks - Wordcloud:
Mobile 22; Profit 0 , Gundlach's Chart-Porn And Buy
China, Sell US , Crossing The Fiscal-Cliff
Chasm, And Why Boehner May Be Right
, Guest Post: The Federal
Reserve's Cargo Cult Magic: Housing Will Lift the Economy (Again) I have
often identified Keynesian economists and the Federal Reserve as cargo cults. After the
U.S. won World War II in the Pacific Theater, its forces left huge stockpiles
of goods behind on remote South Pacific islands because it wasn’t worth
taking it all back to America. After the Americans left, some islanders,
nostalgic for the seemingly endless fleet of ships loaded with technological
goodies, started Cargo Cults that believed magical rituals and incantations
would bring the ships of “free” wealth back. Some mimicked technology by painting
radio dials on rocks and using the phantom radio to “call back” the “free wealth” ships. The Keynesians are like deluded members of a Cargo Cult. They
ignore the reality of debt, rising interest payments and the resulting
debt-serfdom in their belief that money spent indiscriminately on friction,
fraud, speculation and malinvestment will magically call back the fleet of
rapid growth. To the Keynesian, a Bridge to Nowhere is equally worthy of
borrowed money as a high-tech factory. They are unable to distinguish between
sterile sand and fertilizer, and unable to grasp the fact that ever-rising debt
leaves America a nation of wealthy banks and increasingly impoverished
debt-serfs.
9-10-12 Super Mario’s Big Bluff
http://albertpeia.com/supermariosbigbluff.htm ‘… In closing, the new ECB program
will ultimately prove to be Mario Draghi’s big bluff. By presenting an old,
failed program as something “new” and “unlimited” in scope, the ECB has
actually shown that it’s essentially out of firepower. Indeed, consider the following…The ECB says it will buy EU
sovereign bonds if EU nations apply for bailouts from the EFSF. Spain and Italy
(the very countries that need bailouts) are meant to supply 30% of the EFSF’s funding.So this new program involves Spain and Italy bailing
themselves out, while simultaneously implementing austerity measures so the ECB
will buy their sovereign bonds?!?!Oh, and by the way, the EFSF only has
€65 billion in funding left. That will definitely be enough to bailout Spain
and Italy, seeing as Greece has received over €200 billion in bailouts is still
imploding.On that note, if you are not preparing for a bloodbath in the
markets, now is the time to do so. The reality is that the Central Banks are
fast losing their grip on the markets. They’ll never admit this publicly, but I
can assure you that Bernanke and pals are scared stiff by what’s happening in
the banking system right now…’ , Dave’s
Daily: http://www.etfdigest.com
‘ALGOS PLAY
IN LIGHT VOLUME 9-10-12 Markets almost saw little if any volume
Monday. As the afternoon session progressed algos stepped-up the profit-taking especially
after a much worse than expected Consumer Credit report (-$3.28 billion vs $9.2
billion expected) allowed algos to hit the sell switch. Absent any other news,
and with volume very light, there was little support to be found. Most of the
day Monday was spent with markets propped and waiting primarily for Thursday’s
Fed meeting. One would think the poor Consumer Credit report would be a QE
stimulant and may well be one. For now however it’s just a trading opportunity.
For bulls it means some overbought conditions eased while bears believe QE is already priced-in. Only time will tell who’s right. Tech
put in another poor showing led lower again by Intel (INTC) as PC demand
remains weak. Just about everything that had been higher late last week was fair
game for sellers on Monday. I posted a few charts below as economic data
remains scant while most investors await the Fed…’ , The Student Loan Debt Bubble
Is Creating Millions Of Modern Day Serfs http://albertpeia.com/studentloandebtserfs.htm , The Real Unemployment Numbers
Are Worse Than You Are Being Told
http://albertpeia.com/realunemploymentnumbersmuchworse.htm , The Historic Demise Of The
Ever-Shrinking Dollar: An Infographic ZeroHedge.com The
almighty Dollar is looking less mighty these days. By almost every measure, the
purchasing power of the US Dollar is in precipitous decline. The following
infographic, whose contents should be well-known to our readers, visualizes the
sad state of affairs that the average American seems to have ignored for far
too long. And since the whole world is now engaged in the 4th year of all out
currency debasement one can safely channel Lester Burnham and say it's
"all downhill from here."
, Investors, Nostalgic For
Logical Markets, Boycott New Centrally-Planned Normal , Guest Post: The Contrarian
Indicator Of The Decade?
‘…And the uber-bullishness is based on what? Hopium. Hope that the Fed
will unleash QE3, or nominal GDP level targeting and buy, buy, buy — because
what the market really needs right now is more bond flippers, right? Hope that
Europeans have finally gotten their act together in respect to buying up
periphery debt to create a ceiling on borrowing costs. Hope that this time is
different in China, and that throwing a huge splash of stimulus cash
at infrastructure will soften the landing
, Next: The Great Recoupling The chart below from UBS' George Magnus
captures perhaps better than anything, not only the reason why the global
economy grew with the speed it did over the past 40 years, not only why
"globalization" (a/k/a finding new places to issue debt in exchange
for secured assets and unsecured cash flows all the while under the umbrella of
globalist organizations: see Confessions of an Economic Hit
Man) was the primary urgency for the status quo, not only why the
developed world managed to delay the inevitable day of reckoning for as long as
it did, but most importantly, why the global day of debt-saturated reckoning
is coming. , Market Realizes It Has Already
Priced In QE , Consumer Credit Posts First
Drop Since August 2011 Following Nonsensical Data Revision , It's Different This Time: PMIs
And Global Stocks The
fundamental backdrop, in the shape of economic lead indicators and earnings
momentum, has been deteriorating: manufacturing PMIs for the US, China, Japan, Korea, the Euro zone, and
the UK are all now sub-50, and consensus earnings growth estimates for 2012
have been halved in recent months. What has this
meant for Global Equities? Well, as UBS notes, in the last three months, very
little. The MSCI AC World index is up more than 12% from the 4 June low. That
markets have rallied while fundamentals have deteriorated in this manner is
unusual. Historically, equity market rebounds have tended to coincide with a
trough in PMIs and earnings momentum – that is, when PMIs have stopped going
down and the pace of earnings downgrades slows (waiting for PMIs to recover to
50 or for earnings momentum to turn positive is usually too late). Markets now appear to be taking their cues from
central bankers: potential policy actions are becoming a sort of ‘lead indicator
of the lead indicators’, if you will. Given the recent
rally, in addition to underlying macro weakness, policy action - and effective
action at that – has become increasingly important for investors. Without it
this recent rally could end up looking more like a false start than a head
start. , Guest Post: How Draghi Opened
The Door To Hyperinflation And Denied The Fed An Exit Strategy , Another Ex-Fed Governor Admits
"Only So Much Fed Can Do"
, California Lt. Governor: This
Aggression Against Our Expropriation Of Private Property Will Not Stand, Man , GM Loses Over $49,000 On Every
Chevy Volt , Two Days Ahead Of More QE, JPM
Finds That World Is Already "Drowning In Liquidity" A few days ago,
the BOE's Andy Haldane, rightfully, lamented that the apparent
"solution" to the exponentially growing level of complexity in the
financial system is more complexity.
Alas, there was little discussion on the far more relevant central planning
concept of fixing debt with even more debt, especially as the US just crossed
$16 trillion in public debt last week, right on schedule, and as we pointed out
over the weekend, there has been precisely zero global deleveraging
during the so-called austerity phase. But perhaps most troubling is that with 2
days to go to what JPM says 77% of investors expect with be a NEW QE round
(mostly MBS) between $200 and $500 billion in QE, the world is, also in the
words of JP Morgan, drowning in liquidity. In other words,
according to the central planners, not only is debt the fix to record debt, but
liquidity is about to be unleashed on a world that is, you guessed it, already
drowning in liquidity. The bad news: everything being tried now will fail, as
it did before, because nothing has changed, except for the scale, meaning the
blow up will be all that more spectacular. The good news: at least the
Keynesians (or is it simply Socialists now?) out there will not be able to say
we should have just added one more [ ]illion in
debt/liquidity and all would have worked, just as our textbooks predicted.
Because by the time it's over, that too will have happened. , Rising Food Prices Continue to
Climb, with Prices Up 10% in July Alone Lisa Garber | Food prices are rising, and consumers are feeling
it.
9-7-12
Dave’s Daily: http://www.etfdigest.com
‘A SPOONFUL OF SUGAR HELPS THE
MEDICINE GO DOWN’ 9-7-12 { It really must be emphasized/said, and it
has been said infra*, that the west generally, and the u.s. especially, have
become unmistakably banana republics meeting all criteria by which such failed
forms of political/economic ‘organization’ are denoted. The consistent and
persistent focus on the totally fraudulent, manipulated stock markets,
fraudulent wall street particularly with contraindicated, failed QE for benefit
of wall street frauds only, to the detriment of literally everyone else, viz.,
taxpayers, main street, etc., has become nothing short of criminally
insane! [ ECB INTERVENTION COMMENT DU
JOUR: "CLASSIC BANANA REPUBLIC BANKING" Submitted
by Tyler Durden on
09/06/2012 http://albertpeia.com/classicbananarepublicbanking.htm . { It bears
repeating that never in history have the markets become so disconnected from
fundamental finance, valuation, and reality and so completely and utterly
fraudulent. I believe that computerization facilitating multiple frauds at
lightning speed, over and over again and again along with re-hypothecation of
already worthless paper at similar speeds is in part the reason for the
prevalence of such fraud along with the breakdown of american among other
societies into what yesteryear would have been scorned as ‘banana republics’
without any meaningful rules of law whatsoever and pervasive, almost blatant,
corruption at every level. (This is
not to blame computers for the bad use they’re put to.) Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite some time now and is quite a pathetic
scenario! } Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog | Just different bananas perhaps? ] }
‘The ugly employment report of only 96K new jobs vs 125K expected hit
markets like a spoonful of sugar—Uncle Sugar. The numbers couldn’t be worse
which is why ADP Data and Jobless Claims the previous day doesn’t mean a thing.
Ninety million are not in the labor force, 368K people have dropped out of the
workforce and the participation rate for men is the lowest since 1948 when most
of current readers hadn’t been born. Even the previous data was reduced from
163K to 141K meaning next month’s numbers should be taken with a grain of salt,
and not sugar. Forget the slightly lower unemployment rate since with so many
dropping off the rolls the real rate is closer to 12% than 8.1%, and that’s
generous.This puts the “bad news is good” back on the front burner and means
Bernanke has no choice but to QE and inflate asset prices. He still has “some”
weapons left but he’s running out of bullets. QE bulls could care less since
it’s time to party.All this QE speculation trashed the dollar (UUP) and
bolstered gold (GLD) and silver (SLV). After all, if it’s balls to the wall
once again these assets are the insurance against currency
debasement.Individual investors are still either hiding in low yielding bonds,
dividend sectors or are just on the sidelines. Those buying include corporations
with buybacks, hedge funds, and overseas investors feeding on the weak dollar
and to a lesser extent captive money in pension plans.The fly on the soup today
was a crummy report from Intel (INTC) which issued a warning as PC demand is
weak. This pulled semiconductor ETF (SOXX) and the overall technology index
(XLK) lower. There is concern that PC sales are stalling given the pending
launch next month of Windows 8 which is an entirely different approach from
(MSFT) affecting (IGV).As stocks followed the rally from Thursday on QE hopes,
bonds (IEF) took a breather but not by much given likely Fed money printing and
buying.The important thing to remember about QE activity is what’s the grade?
Thus far in the U.S. at any rate its money that goes first to the Primary
Dealer network (mega-banks) and then may trickle down to you and me. Clearly
it’s been supportive of stock prices but where is that in the Fed’s twin
mandate (protect the purchasing power of the dollar and full employment)? If
the mega-banks just hold the money to bolster their balance sheets then the
grade is an “F”. As most know, banks aren’t lending money for mortgages or
small businesses no matter how much liquidity the Fed dumps on them. I used to
have a math teacher who wouldn’t give a grade less than 40. If it was less than
40 he’d circle it. You wouldn’t want a “circle 40” but this is how you’d score
the Fed’s twin mandate results.Investment
Tip: Don’t fight the Fed central banks.Volume on this QE
addicted Friday was once again ultra-light cementing few investors in the game
beyond those described above. Breadth per the WSJ was positive…’
*[ ECB INTERVENTION COMMENT DU JOUR:
"CLASSIC BANANA REPUBLIC BANKING" Submitted by Tyler Durden on 09/06/2012 http://albertpeia.com/classicbananarepublicbanking.htm . { It bears
repeating that never in history have the markets become so disconnected from
fundamental finance, valuation, an reality and so completely and utterly
fraudulent. I believe that computerization facilitating multiple frauds at
lightning speed, over and over again and again along with re-hypothecation of
already worthless paper at similar speeds is in part the reason for the
prevalence of such fraud along with the breakdown of american among other
societies into what yesteryear would have been scorned as ‘banana republics’ without any
meaningful rules of law whatsoever and pervasive, almost blatant, corruption at
every level. (This is not to blame
computers for the bad use they’re put to.) Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite
some time now and is quite a pathetic scenario! } Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog | Just different bananas perhaps? [ Of course this
is absolutely true! And not just from the meaningfully lawless perspective – I had made
such a statement on the record in a LA Superior Court Appellate Dept.
proceeding in which said court literally ignored the law (the same is true of
the costly, plushly accoutered lifetime appointee federal courts) which corrupt
courts should indeed be abolished in these difficult economic / budgetary
times. Additionally, from pervasive corruption, to debased over-printed
currency, to gunboat diplomacy, to total incompetence, etc., america is indeed
a banana republic at most.] Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite
some time now and is quite a pathetic scenario! } Legal
precedent means nothing. Rule of law means nothing. Free speech means
nothing. Their own treaties mean nothing. It’s unbelievable. Anyone in the west who honestly
thinks he’s still living in a free society is either a
fool or completely out of touch. If that seems too radical an idea, consider
that ECUADOR is now the only nation which stands to defend freedom and
human rights against an assault from the United States, the United
Kingdom, and their spineless allies. The west has just become a giant
banana republic. Have you hit your breaking point yet? If not now… when? { { I’m really constrained to interject my own direct
experience with the FBI here; and, I must say I do so lamentably. If you want
no real results vis-à-vis organized crime which now extends to the upper
reaches, highest levels of the corrupt u.s. government, go to the FBI. I
discounted the new jersey FBI as just typical corrupt, mob infested jersey
which thinks in terms of discos/casinos. But, truth be told, they never ask the
‘tough’ questions
of the biggest criminals; ie., the biggest wall street frauds, cia connected
illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff,
alito, etc.; but, they did go after Martha Stewart in a very big way over a
$45,000 transaction. Wow! You can’t make this stuff up. I also don’t believe
their (understated) crime stats for even a second. I’m beginning
to feel foolish for having even put my full faith and trust in them, much less
the ‘federal
(judicial) system’ who share the ‘same employer’; and, despite my antipathy for the mob, probably
would have fared ‘more fairly’ with the mobsters directly who seem to have at least
some sense of the magnitude of the fraud involved and the pervasive corruption
of the system and government and maybe a semblance of honor in this nation of
protracted decline. It never would have occurred to me back when for me, such a
choice/decision was clear-cut and simple. Such a course as mine I no longer
could recommend inasmuch as there is little difference between state/government
sponsored crime/corruption and that perpetrated by other criminal elements,
from my direct experience with both, infra:
Debauchery: An American
specialty In the land of Lindsay Lohan and Snooki, some
federal workers reflect our culture all too well. (Washington Post) [ Lindsay
Lohan? Come on Mr. Milbank, hands off the low hanging fruit. She’s totally
harmless. Jersey ‘italian’ snooki? In mob infested new jersey, who knows (one
of the properties in my proceedings for which surplus funds are unaccounted for
was a 2 bedroom 1 and 1/2 bath condominium in seaside heights, n.j.). But
debauchery an american specialty? Another rare instance wherein I agree with
Mr. Milbank completely. 25 Signs That America Is A
Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm
. Review of flawed forensics
held close to vest EXCLUSIVE | Documents and interviews show
FBI and Justice Department officials took steps to control information
uncovered by a task force designed to examine cases involving discredited
agents. Many defendants were never notified of flaws in cases. ‘Simply unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting
word from the FBI as to resolution, one way or the other, concerning the RICO
matters which have been systematically and corruptly covered up by the
government (executive, legislative, and judicial branches of the pervasively
corrupt, defacto bankrupt u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct
involvement in the illegal drug trade). In this civil RICO matter, there are no
innocent bystanders; but rather, perpetrators, accomplices, and
co-conspirators. When the fbi agent initially assigned to this matter
(Connecticut) abruptly resigned/retired shortly after a conversation, though
not central to my case, wherein I had said that rudy giuliani’s father
had been an (convicted) enforcer for the mob (served 12 years? in prison,
aggravated assault/manslaughter?) and then sent him documentation owing to his
disbelief. Though ultimately ineffectual vis-à-vis my case, he was a likeable
guy for whom I had and still have regard. I then spoke with FBI Agent Jeff
Rasey upon the aforesaid agent’s departure who somewhat plaintively (‘my call
being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he
didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to
the disco that night’ (the documents including sworn statements delivered
to then u.s. attorney sam alito’s office in the same building disappeared twice along
with the initial assistant u.s. attorney Jonathan Lacey with whom I had
reviewed the documentary evidence, documents and their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf .
We all can infer sam alito’s reward / quid pro quo for his cover-up by his
current position on the u.s. supreme court. There was never a
question as to maryanne trump barry’s interest in corrupting the judicial process as
related to her brother’s (trump) casinos. Jersey city boy louis freeh, labeled
by former Prosecutor Larry Klaiman as the most corrupt FBI director ever (see
infra, mueller seems no different, and certainly holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI office (they printed the
documents thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los
Angeles (see infra). So, as regards FBI flaws, coverup, etc., I have to believe
it based on my own experience and reasonable inference. I’m currently
being ‘stonewalled’ by the LA
FBI office since the departure of FBI Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
Jul 31, 2000 – Judicial Watch is a public-interest law firm that fights
corruption in government. To read Larry Klayman's letter to Louis
Freeh, ...
... security," said JW Chairman Larry Klayman. "His
behavior stands in stark contrast to Louis Freeh, a man so corrupt
he destroyed the office he led, ...
“Louis Freeh will
finally have to answer in court for what he did to our clients. ... answers,”
stated Judicial Watch Chairman and General Counsel Larry Klayman. ...
Klayman, Larry, Chairman, Judicial Watch ... My name is Larry
Klayman. ... interest group that investigates and prosecutes government corruption
and abuse. ...... They seized his computer – these are FBI agents at the
direction of Louis Freeh, ...
May 3, 2001 – Because of his corrupt behavior, Freeh
was placed on Judicial Watch's ... stated Judicial Watch Chairman and General
Counsel Larry Klayman. ...
May 27, 2000 – By Larry Klayman ... While Judicial Watch has
asked FBI Director Louis Freeh to .... lawsuits against a corrupt
and unrepentant Clinton-Gore ...
The following is my comment to an LA Times article regarding a Justice
Department cover-up! As for your inquiry, all I think about day and night is a
long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit cover-up / fraud on the part
of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez, Assistant Director In
Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within DVD rom
autorun disk (which will open in your computer’s browser) as per your office’s request
as made this day (the disk and contents have been scanned by Avast, McAfee, and
Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The
(civil) RICO action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably
would apply and I would absent resolution seek to refer the within to a firm
with expertise in that area of the law with which I am not familiar).
The document in 5 pages under penalty of perjury I
was asked to forward to the FBI office in New Haven is probably the best and
most concise summary of the case RICO Summary to FBI Under Penalty of
Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the Congresswoman
by way of email attachment (apparent but typical problem with my mail) along
with my response thereto is included on the 3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to
the LA office and I was referred to the Long Beach, CA office where I
personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary
documents of the money laundering which he confirmed as indicative of same (he
was transferred from said office within approximately a month of said meeting
and his location was not disclosed to me upon inquiry). The matter was assigned
to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew
Maloney’s the one that prosecuted gotti).
In contradistinction to the statement in said
correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
·
A judgment
had been entered in my favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of
$300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
·
Counsel
Robert Sullivan on my behalf documented by way of certification upon
investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which
false statement he predicated a retaliatory and spurious contempt proceeding
against me causing substantial damage, and for which he sought Judicial Notice
of those and related proceedings as did I in some of my filings.
·
The Order of
Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s
failure to file anything whatsoever by the court’s deadline causing creditors
and me substantial damages: [ Shiff Order of Dismissal With
Prejudice on Coan’s Failure to File
Page 1
Page 2
]
·
Defendant
Coan had filed an action against me to prevent me from suing him which
necessitated me to fly to Connecticut for a hearing before The Honorable Robert
N. Chatigny, Chief Judge, USDC, District of Connecticut, who denied Coan’s
requested relief as to Coan but precluded my action against Shiff (although
there is no immunity, judicial or otherwise, for criminal acts, ie., fraud
connected with a case under Title 11, USC, etc.) . [ transcript in
pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf ]
·
Newly
appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the
RICO case despite the conflict of interest in light of hundreds of thousands of
dollars of illegal (drug) money being laundered through the Trump casinos by
the RICO defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally
refused to join or file a separate motion to recuse and not long thereafter
left said office for private practice at Cole, Shotz, et als on retainer with
the RICO defendants as his primary client.
·
Probative and
evidentiary documents, affidavits, exhibits, including those turned over to FBI
Agent Jeff Hayes in Long Beach, CA, had been given to Assistant U.S. Attorney
Jonathan Lacey with whom I met personally at the U.S. Attorney’s Office in
Newark, N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with the
office, that the file/documents could not be located, and that there was no
further information available concerning contacting him or his location. I
thereupon delivered by hand, copies of said documents to the office of then
U.S. Attorney Alito, addressed to him, with assurance they would go directly to
him. In addition to being inept [ I looked in on the one mob case he had
brought, bungled, lost (accidently on purpose?) since I was suing some
mob-connected under RICO and the court (I had known / previously met outside of
court the judge Ackerman through a client) was absolute bedlam and a total joke
since incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had beds/cots
in the courtroom along with their moans during testimony and had the jury in
stitches. As much as I hate the mob, it truly was funny, if not so tragic.],
Alito is also corrupt (and maybe corrupt because he is inept).
After a reasonable (but still rather short) time I called to determine the
status and was told that Alito was no longer with the Office of the U.S.
Attorney, that he was (appointed) a federal judge, and that neither the
documents nor any file or record of same could be located. Alito did parley the
same / cover-up into quid pro quo direct lifetime appointment to the Court of
Appeals, 3rd circuit, despite the absence of judicial experience or
successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is the
same Sam Alito that now sits on the purported highest court in the land. The
real application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety
coverage and neither LA, nor creditors, nor I should continue to have been
damaged by this brazened corrupt and illegal scenario, which should be resolved
in accordance with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with the
line, computer connection may be the reason but I hesitate to chance greater
non-performance / worsening by their ‘fix’ so cell phone best for contact).{recent change
323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but
delivery confirmation was flawed as set forth below and my inquiries to the
u.s. postal service rebuffed (I believe tampered with inasmuch as your office
could not locate same). This cover letter (9-13-10) is on the 3 disks with
navigable hyperlinks to the subject files for ease of reference, including the
files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC
Secretary, who indicates once again that your office has not received the
aforesaid and which can reasonably be presumed to have been tampered with, and
hence, a violation of the federal statute concerning same. (Ultimately
delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr. Peia:
Thank you for being in touch. As we continue
the busy first session of the 112th Congress, I want you to know
that I am grateful for the various times you have shared your thoughts and
concerns with me on different issues. Please be assured that your voice
is being heard and that your perspective helps me to better represent you in
Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription for ‘economic
doldrums’, euphemistically speaking (there are articles/studies/data that
dispute the purported effectiveness of the widely hailed ‘Keynesian remedy’
during the prior great depression), the ‘Keynesian way’ is certainly no longer
a prudent approach today in light of the insurmountable debt levels of nations
worldwide and in america particularly along with the concomitant over-printed,
debased ‘paper currencies’ to finance same. Quite simply, there simply is not
enough real value being created for redistribution, a situation exacerbated by
the parasitic lightening fast, computerized churn and earn high frequency
trading programs on fraudulent wall street (they should be prosecuted, jailed,
fined, and disgorgement imposed for extant frauds in the trillions now marked
to anything as per misguided legislated FASB rule change). [ America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government
is utterly broke …The government’s total indebtedness is $211 trillion’. 43,454,601,693,238 Reasons Why
The World Is Broke – Presenting The Interactive Global Debt Clock Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ] .This is the consequence of a structural
shift fed by greed and misguided policy and cannot be undone (transfer of
productive capacity to ie., China, etc., ‘the bell cannot be unrung’). That
said which militates against such an extension, this is an election year which
probabilities suggest makes highly likely the passage of the extension. I favor
your co-sponsored legislation and before the holidays simply in the name and
spirit of Christmas and for no other reason whatsoever. Below is a recent
comment to Opinion Writer Krauthammer’s ‘more war spending (Keynesian)
position’ and an article regarding the folly of same. Immediately following is
from my prior post to you concerning something of such manageable proportion
and well within the government’s ability to resolve (if the government can’t
accomplish this consistent with law and long overdue, then there isn’t anything
the government can accomplish), along with other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously
spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the
FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to
be out of the office for the two weeks past. I’ll be contacting him given a
reasonable time for him to ‘catch up’, from being out of the office. While
independent contractor richard coan is ultimately the one to bear the burden of
damages (there’s insurance and a surety covering same), coan might allude to
the prior default of the u.s. government (assist. u.s. atty. robert i. lester
miscounted / miscalculated the time for filing an answer / response to the
complaint upon service thereof, also misstating the rule in open court before
corrupt judge matz who ‘schmoozed’ things over (they both have the same
employer), however incorrectly according to the ‘law’. I ordered / bought a
copy of the transcript of that rather pathetic proceeding (posted in part on my
website). In any event, regardless who pays me, the amounts so paid would
ultimately be recovered from coan, his insurer/surety which amounts might even
exceed the amount I’m willing to settle at. [There is also a judgment
(referenced in the correspondence to FBI ADIC Martinez infra) that had been
entered in my favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of
$300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and
then, of course as well, the substantial damages. ] I’ve waited far too long
for this matter to resolve, what should have been resolved in accordance with
clear law long ago; and, which would have been resolved if not for typical u.s.
corruption in the process; and, which is well within the government’s ability
to resolve. In my world and way of thinking, results do count! I’ve included
prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal drug trade.
In fact, many researchers reveal that the war on drugs is only utilized
to control and monopolize the illicit drug trade. The US government
has been caught multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now
openly protects and transports opium from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In fact, Global Research points out that in 2001, “according to
UN figures, opium production had fallen to 185 tons. Immediately following the
October 2001 US led invasion, production increased dramatically, regaining its
historical levels.” This month, the U.N. announced that Afghanistan now
provides 93% of the
world’s opium production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website
archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is
centers on the amount of drug trafficking that benefits the CIA and
international banking system. Natural News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The Scary Math Behind The
Mechanics Of QE3, And Why Bernanke's Hands May Be Tied ZeroHedge.com , Explaining The Market's Brand
New 15x Forward Multiple
Actually not really, but all one can do is laugh since in some centrally
planned parallel universe, the entire
world entering manufacturing contraction translates into a
4 year (and just shy of all time) stock market high... , Stocks Spike In (And After)
Close To New Post-2008 High As Volume Resumes Slide A few hours
after the US reported a jobs number which missed consensus estimates on broad
weakness, which saw a nearly 400K increase in those no longer even caring about
work, and which confirmed that the economic deteriorating is nowhere close to
ending, stocks did their thing and with no news, and on no volume (the same
reason why like Nomura, ever fewer banks can afford to keep trading desks),
decided to surge into the close even as volume slid, with the NYSE trading its
new post-Knight normal average of a few shares over half a billion. This sent
the ES to a new post-2008 high. In other news, we are approaching 15x forward
P/E even as the world's global economies are grinding to a screeching
halt.Central planning is here to stay and the stock market will merely levitate
ever higher on hope that the central bankers have it all under control. , Guest Post: The Repricing Of
Oil Now that oil’s price
revolution – a process that took ten years to complete – is
self-evident, it is possible once again to start anew and ask: When will
the next re-pricing phase begin? Most of the structural changes that
carried oil from the old equilibrium price of $25 to the new equilibrium price
of $100 (average of Brent and WTIC) unfolded in the 2002-2008 period. During
that time, both the difficult realities of geology and a paradigm shift in
awareness worked their way into the market, as a new tranche of oil resources,
entirely different in cost and structure than the old oil resources, came
online. , Friday Humor: The New Normal
Asset Manager Curious why legendary hedge fund managers are
shutting down shops left and right in disgust with the mockery that central
planning and algorithmic short-termism had made of equity markets? Don't be:
his name is Julian Marchese, he runs a "macro fund"... and he is 16. Don't get us wrong: we enjoy the next youth trading
prodigy, and here the Schwab baby comes to mind, as much as everyone else. Our
concern is when it is the people who have never even seen half of a business
cycle that start running your money, and, probably worse, making money,
which leads them to believe they know what they are doing, and gets gullible
LPs to allocate capital to them based on a 3 month track record, when in
reality the entire market is one merely primed for outperformance courtesy of
central planner puts and priced to Bernie Madoff ponzi perfection, targeting a
specific investor type. And here the Schwab baby comes to mind again. , Guest Post: Junkie Recovery If the point of quantitative easing
was to provide enough liquidity to keep the massive, earth-shatteringly
large debt load serviceable, then quantitative easing succeeded — but the “success” of
sustaining the crippling debt load is that it remains a huge burden weighing
down on the economy like a tonne of bricks. This “success” has turned
markets into junkies, increasingly dependent on central bank liquidity
injections. After QE3 will come more and more and more easing until the market
has either successfully managed to deleverage to a sustainable level (and Japan’s total
debt level as a percentage of GDP remains higher than it was in 1991, even
after 20 years of painful deleveraging — so there is no guarantee whatever that this will ever occur),
or until central banks give up and let markets liquidate. Quantitative easing’s “success” has been a
junkie recovery and a zombie market. Patents Wars 2: The Asian
Empire Strikes Back - Are The Tables About To Turn On Apple? { This is a
very big deal as I emphasized when the Asian Court decision came down against
Apple; not the least of which reason is the fact that american courts are
notoriously corrupt; an indisputable fact that’s not even lost on ‘non-kool-aid-drinking’ american citizens ‘in the know’ } Much has
been said about Apple's recent victory over its key component supplier,
Samsung, in a recent US court decision the direct result of which has been the
halt of sales of several Samsung products which are already obsolete in cell
phone year terms. The paradox here is that AAPL's victory is quite pyrrhic: if
and when Samsung feels sufficiently threatened, it can just pull a Gazprom and
halt the supply of mission critical components to the world's biggest publicly
traded company. Alternatively the Chinese politburo can one day decide to pull
FoxConn's operational license, in the process bankrupting AAPL overnight. But
these are of course M.A.D. scenarios which in rational, non-centrally planned
market would never take place, and so we have no reason to worry about them.
That said, it is increasingly becoming clear that patent warfare fought in
partial domestic judicial systems, will be the next form of protectionism as
pertains to that most faddy of technology: the ubiqutous smartphone. And while
Apple may have won the first battle, the outcome of the war is still very much
unclear: in fact, the return salvo after Samsung's big defeat on US soil may
come quite soon, this time courtesy of another Chinese Apple "clone",
HTC Corp, which if it goes against the Cupertino company, could have a large
impact on revenues.
9-6-12 Dave’s
Daily: http://www.etfdigest.com
‘DRAGHI GIVES BULLS WHAT THEY WANT 9-6-12
Bullish algos bought immediately after Draghi’s
announcements. They aren’t interested in the details just the headlines which
told them more money printing was on the way. Draghi stated there would be “conditions” to their
bond buying of various sovereign debt but details of these conditions were
illusive. He also stated QE would be unlimited in scope and confined to 0-3
year maturities. When asked if he thought traders would “game” this he
said they’d monitor this. (His former employer Goldman Sachs
would probably do whatever they want thank you.) Asked if these decisions were
unanimous and he said no. Later the Bundesbank reiterated their opposition but
that seems a mere inconvenience. In fact, since the ECB will be buying bonds in
the secondary market vs primary the German court ruling will not matter.Draghi
also spent some time discussing that bond markets in the eurozone were
distorted due to misperceptions which seemed laughable frankly. He also stated
later that problems in the global economy weren’t the fault of the eurozone fingering the U.S.
financial crisis obliquely.Not to be left out the Bank of England noted it
would continue its bond buying program.Bulls also glommed onto to the ADP
Employment report showing 201K private jobs created. Many of these were part
time workers and only 3K was in manufacturing but again, algos aren’t
interested in the details. Jobless Claims were better (365K vs 370K expected
& prior revised higher once again to 377K from 374K). These prior revisions
are batting 1000 this year and while claims data improved they’re still
trolling along unacceptable levels. In fact, so many have exhausted their
benefits the data becomes misleading.Beyond the details stocks rallied sharply
scoring one of the best trading days in 2012. Stocks globally due to ZIRP and
QE remain highly correlated picking leaders more difficult as is creating a
diversified portfolio. Just pick the sector with the highest beta, like small
caps (IWM) and stick with that since you don’t need many ETFs or stocks. Bonds (IEF) were weaker
as equities rallied while the dollar (UUP) was also weaker. Commodities (DBC)
and precious metals (GLD) & (SLV) continued to rally as easy money from
central banks debases fiat currencies.On deck Friday is the monthly employment
report which could add fuel to the QE fire domestically. And, let’s not
forget Bernanke’s own boasts about higher stock prices as a result of
Fed policies (ZIRP & QE). The central planners have gone too far down this
QE road to stop now. Doing so serves their short-term political agendas for when
markets meet their maker they’ll be long gone. The important part of QE is the
money created goes directly to banks and then may trickle down to people. This
is why QE and ZIRP have only helped stocks but not unemployment or economic
growth.Investment Tip: With
equity markets highly correlated one sector and country to another you don’t need many
stocks or ETFs to create a portfolio as diversification attempts are futile.
With global QE, less is more.Volume increased dramatically on the ECB’s money printing
as investors know stocks can inflate too. Breadth per the WSJ was quite
positive and some sectors scored a 90/10 day it seems...’
Today's
move can be summarized in one word: euphoria. The same euphoria every previous
instance of central planning intervention has engendered, only to fade days,
weeks or months later. But for the time being it will suffice, and send the
S&P to fresh post 2008 highs. In the meantime, below is the definitive note
summarizing what has just happened, courtesy of Pierpont Securities via
Bloomberg.
And, we
should add, once the Greek realize they were just swindled by the ECB's refusal
to implement retroactive pari passu status on the now-defunct SMP program, in
the process preventing the reduction in Greek debt by tens of billions as it
gets the same treatment as all other Greek debt as part of the country's recent
restrcuturing, the political upheavals will return.
But for
now, as said above, we have euphoria. Enjoy it while it lasts.
http://theeconomiccollapseblog.com
http://albertpeia.com/40statsyourenotbetteroff.htm
Guest Post: Economic Fallacies
And The Fight For Liberty
ZeroHedge.com It’s easy to
be pessimistic over the future prospects of liberty when major industrialized
nations around the world are becoming increasingly rife with market
intervention, police aggression, and fallacious economic reasoning. The
laissez faire ideal of a society where people should be allowed to flourish
without the coercive impositions of the state is all but missing from
mainstream debate. In editorial pages and televised roundtable
discussions, a government policy of “hands off” is now an unspeakable option. It is presumed that
lawmakers must step up to “do something” for the good of the people. Thankfully, this
deliberate false choice will slowly but surely bring the death of
itself. Illogical theories can only go on for so long before the
push-back becomes too much to handle. For those who desire liberty, it’s a joy
that the statist economic policies of the Keynesians become even more
irrational as the Great Recession drags on. The two following examples will
illustrate this point…’ , The Glass-Half-Full,
Glass-Half-Broken 'Goldilocks' Payroll Preview , Peter Schiff Discovers No
Country For Corporate Profits
, The Post Globalized World Part
2: Why The PIGS Are (Still) Out Of Luck , The One Chart To Explain Why
Draghi's Blunt Tool Can't Fix Europe The monetary policy transmission mechanism is broken in Europe;
we all know it and even ECB head Draghi has admitted it (and is trying to solve
it). As Bloomberg economist David Powell noted though, Draghi may have to address the economic fragmentation of the euro area
before undoing the financial fragmentation of the region. The
latter may just be a symptom of the former. The Taylor Rule, a policy guideline
that models a monetary authority’s interest rate response to the paths of inflation
and economic activity, highlights the drastically different monetary policies
required across the various EU nations as a result of their variegated domestic
economic conditions. This variation creates concerns over sustainability and
the rational (not irrational as Draghi would have us believe) act of
transferring deposits to 'safer' nations for fear of redenomination. As Powell notes:
Draghi will probably have to convince market participants of the economic
sustainability of the monetary union before the financial fragmentation of the
region is ended. The large-scale extension of central
bank credit to potentially insolvent countries is unlikely to accomplish that -
as economies remain hugely divergent.
, The New Normal Of Investing:
Bonds For The Price, Equities For The Yield , The Death Of IPOs, And Why It
Matters To You , A Gentle Reminder Of The
(In)Effectiveness Of Prior ECB Bond Buying , In His Own Words: Draghi's
Debasement In Two Minutes In
case you missed it. Here is Draghi's two minute diatribe, courtesy of Bloomberg
TV, sprinkled liberally with every algo-headline-seeking word required to raise
the perception that something actually just happened other than smoke, mirrors,… , Non-Manufacturing ISM Comes
Diametrically Opposite To Manufacturing Indicator (In other words,
cooked/fudged/b***s***)
Three Times As Many Americans
Enter Poverty As Find Jobs
zerohedge.com | June saw
a new surge in Americans living in poverty and thus eligible for foodstamps.
Michael
Tennant | The U.S. government is sitting on a mountain of
debt — literally.
European Stocks Could Correct
Up to 20%: Marc Faber
CNBC |
European stocks, which have been in a broad upswing for the past three months,
could retreat by up to 20 percent, presenting an opportunity to move back into
the market, says Marc Faber.
Submitted by Tyler Durden on 09/05/2012 That the
SEC is the most incompetent, corrupt, irrelevant and captured organization
"serving" the US public is known by everyone. And while the details
of the SEC's glaring lack of capacity to do anything to restore
investor confidence in the capital markets, which has become a casino used
exclusively by Wall Street to defraud any retail investor still stupid enough
to play (which lately a moot point as there have been no material retail
inflows into mutual funds in over three years), are scattered, courtesy of
Bloomberg we now have the best summary of just how the utterly clueless SEC is
a muppet plaything of Wall Street, and together with it, the "grand
regulation" that was supposed to keep Wall Street in check, is nothing but
what Wall Street demand it to be, and forced the SEC, way over its head on
regulation, to accept every change, that the very banks that are supposed to be
regulated, demands as part of Dodd-Frank reforms. In short: everything we know
about Wall Street 'regulation' has been a farce, and a lie, exclusively thanks
to corruption rampant at the now documentedly incompetent Securities And
Exchange Commission.
Financial
Post (Sept 5) — The price of gold is expected to increase over the
next four months as investors demand a safe haven amid concerns over a
euro-zone break up according to a new report from Capital Economics.
“We
would continue to emphasize that our forecast of a rise in price to $2,000 per.
oz by year-end does not rely on the launch of a third round of qualitative
easing (QE3). Rather it is mainly based on an exception that a break up of the
euro-zone will boost the demand,” said economist John Higgins.
JK Comment:
So if gold’s rise to $2000 doesn’t depend on QE3, what will happen to the price if
Bernanke does press forward? The specter of combined European and US easing is
certainly creating a bigger, perhaps even a ‘perfect’, storm for gold. Maybe it is the fact that gold
doesn’t ‘need’ QE3 to get
to $2000, yet QE3 seems like such a strong possibility, that is prompting a
spike in $2000 price predictions/expectations:
Here’s a few…….
Merrill Lynch
Economist Shayne Heffernan
Afshin Nabavi, head of trading at MKS Finance
http://albertpeia.com/outrageoushospitalbills.htm
9-4-12 Dave’s Daily: http://www.etfdigest.com
‘ALGO DRIVEN TRADING DOMINATES TUESDAY
9-4-12 The basic news on the day was universally poor and the market
reacted negatively, even logically. But as the day wore on the trusty 2:15 PM
Buy Program Express took the lead and pushed markets higher. It can only be the
result of the ongoing “bad news is good” theme indicating more QE must be on the way. And, let’s face it, our crack addicted trading desks believe in the Bernanke
Put and the global central bank put. It’s quite apparent
reading the news from China this morning as pundits were universally calling
for more PBOC stimulus—it’s QE contagion.
Moody’s cut their European outlook to negative which must be viewed two ways:
Moody’s gets no respect and it means more QE. Speaking of which the ECB is
rumored to be launching “unlimited” bond buying (QE) with “conditions” (whatever those might be). The bond buying is said to be 0-3 year
maturities with the implication being the problems of austerity and debt would
be Clouseau-like “sol-ved” during that period. Given that
sort of optimism you’d not be incorrect in assuming the
ECB will need a bailout itself down the road.In lesser news Swiss GDP surprised
to the downside, -.1%. In the U.S. the PMI was flat (51.5 vs 51.4) but the ISM
Mfg Survey weakened for the third month (49.6 vs 50 expected & prior 49.8)
as did Construction Spending (-.9% vs .4% expected & prior .4%). Naturally
this was more QE3 friendly which is bullish in the Twilight Zone.As stated,
stocks were much weaker most of the day until an algo driven rally awakened
bulls late as buy programs kicked-in at the usual hour. But into the closing 20
minutes sell programs hit the tape sending stocks lower once again. There’s no two ways about it, September and October will feature more than
the usual amount of volatility.Apple (AAPL) also known as “the market” announced it will put on another
show for the financial media September 12th to unveil its new iPhone
presumably. This naturally got the tech sector (XLK) fired-up from its lows of
the day to close mostly flat. The biggest mover was small caps (IWM) which are
the most sensitive and addicted to QE. The dollar (UUP) was relatively
unchanged, bonds (IEF) were weaker, commodities (DBC) were mixed while precious
metals (GLD) and (SLV) were higher.Investment Tip: Bill Gross of Pimco
tweeted today that investors should buy gold as a hedge against the money
printers globally. Who are we to argue? We’re long gold both
vanilla and leveraged. Gross: Draghi appears willing to write 2-3 year “checks” to peripherals. Very
reflationary. Buy gold, TIPS, real assets.— PIMCO (@PIMCO) September 4, 2012 Volume was only modest overall as perhaps
some Labor Day stragglers were coming back to work from the Hamptons. Breadth
per the WSJ was mildly positive…’
, 18 Indications That Europe Has
Become An Economic Black Hole Which Is Going To Suck The Life Out Of The Global
Economy http://albertpeia.com/18indicationseuropesuckinglifeofglobaleconomy.htm ,
THREE CHARTS TO WATCH FOR SIGNS OF WHAT’S TO COME http://albertpeia.com/3chartstowatchwhatscoming.htm , Economic Failure: 58 Percent
Of The Jobs Being Created Are Low Paying Jobs http://albertpeia.com/oecofailureandlowpayjobs.htm , Moody's Downgrades European
Union To Outlook Negative
ZeroHedge.com , Guest Post: Bernanke: "We
Can't Really Prove It, But We Did The Right Thing Anyway" (Riiiiight!) , Financials Hide Analysts'
"Earnings Recession" Expectations We know top-line numbers were a
disappointment in Q2; but the long-only AUM-defending commission-takers will
remind you that 'stocks are cheap', '...valuation...', 'money on the the
sidelines', and on the surface there was a 6.9% increase in EPS from Q2 2011
(growthy and as UBS notes - anything but anemic). But, like every good story,
the truth is darker under the surface; looking at earnings growth (i.e.,
without the impact of shrinking share counts) excluding prior-period Financial
sector writedowns, we see an outright earnings contraction. Further, consensus
estimates are calling for EPS growth to go negative in 3Q12 - falling to $25.07
from $25.65 - which will make two quarters in a row of negative earnings growth - what we would
consider an earnings recession. , Reality Bites: Fedex Cuts
Outlook On Global Growth Concerns
...and so it begins - with a bellwether:*FEDEX CUTS 1Q EPS FORECAST TO $1.37-$1.43, EST.
$1.56 "Weakness in the global
economy constrained revenue growth at FedEx Express more than expected in the
earlier guidance." FDX -4% AH and UPS -2.5% - both
to lows of year! This is a not a good sign for GDP! , It's Official:
$16,015,769,788,215.80
, Find Out If Your Apple Device
Was Among The 12 Million Units Hacked And Tracked By The FBI , The One Chart To Explain Why
ECB's Short-Dated Bond Buying Program Will Fail ,
Mario Draghi Reprises Hank
Paulson: Demands Full Monetization Authority Or Else Threatens With End Of Euro , Facebook 'Barely Legal' As 18
Penetrated , Manufacturing ISM Misses,
Third Month In Contraction Territory; Biggest Miss In Construction Spending In
One Year , June Foodstamp Recipients Hit
All Time High As Three Times As Many Americans Enter Poverty As Find Jobs , 19 Signs That Israel And Iran
Are On The Verge Of War http://albertpeia.com/israeliranonvergeofwar.htm
Drudgereport: UPDATE: Obama gives himself an
'incomplete' grade... { Wow!
The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you
don’t have to love Romney but you at least have to like yourself in saying
‘NO!’ to more wobama b***s*** which is all that he is. Have some self-respect.
His grade is unequivocally ‘F’ for failure, having failed to do as promised
which coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White
House on weak jobs report: Don’t ‘read too much’ into it Olivier Knox, Yahoo! News { Riiiiight! Sounds like a plan! After all,
wobama’s gotten’ by on b***s*** and ‘special consideration’ alone, never having
done anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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!
Poll: R 48%
O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to
43%...
PROTESTERS VOW BIGGER CROWDS IN
CHARLOTTE...
'Occupy' encampment re-opens near Dem
convention...
DNC security rules trigger free
speech worries...
KING: Obama presidency has been time
of deep Dem decline...
Frustrated union leader throws empty
chair...
RECORD-HIGH LABOR DAY GAS PRICES
GREET DEMS IN CHARLOTTE...
RYAN: President 'running campaign
based on envy and division'...
GOP launches 'Obama Isn't Working'
message...
SUNDAY: Dem Gov. -- We're Not Better
Off Now...
MONDAY: 'We're Clearly Better Off'...
BIDEN: 'If It Weren't So Hot I'd Go
Into Detail'...
Debt to hit $16 trillion just as
party gavel in convention...
Dems to bus in black church members
from SC...
ID required to attend...
'GODFATHER' TO CUT DNC TRIP SHORT...
Chicago schools brace for strike...
Dems Drop 'God' From Party
Platform...
REUTERS PHOTO DEPICTS HARRY IN
HELLFIRE...
Endorse taxpayer-funded abortions...
DNC Video: 'The Government Is The
Only Thing We All Belong To'...
ABCNEWSWASHPOST POLL: Obama personal
popularity fading...
Women Turning...
DEBT TOPS $16T...
$136,249 Per Household...
FOOD STAMP USE CLIMBS TO RECORD 46.7
MILLION...
Key SOLYNDRA figure 'ran for exit'
after seeing ABCNEWS cameras on DNC floor...
UPDATE: Obama gives himself an
'incomplete' grade...
POLL: Just 40% say he deserves second
term...
POLL: Less Than Half of Army Officers
in Afghanistan Report High Morale...
Panicking Spaniards Pull Out Cash, Leave Country...
Depression, Suicides Rise as Euro
Debt Crisis Intensifies...
MOODY'S Changes Rating Outlook to
'Negative'...
COPS: Mother Forces 10-Year-Old Boy
To Rob House... { Shafique
(black) and her son ran away but Lynnwood police arrested her. They found a
stolen laptop and crack cocaine. }
8-31-12 Dave’s
Daily: http://www.etfdigest.com
BERNANKE SHOWS UP, STOCKS
RALLY 8-31-12 { Absolutely amazing that
something that’s failed so miserably for all but the frauds on wall
street, the price for which will be paid by others now and in futuro could be
an accepted/anticipated/cheered strategy- How totally pathetic! How about real
valuations based upon real finance, economics as opposed to the fraudulent wall
street feel good from inflationary dollar debasement at everybody else’s expense! – summary: ‘…Stocks
bounced around most of the day but QE addicts are still running the show. After
all it is month-end the opportunity to window dress is ever present.The worst
measure of Consumer Sentiment, the U of Michigan’s data was positive (74.3 vs 73.5 expected &
prior 73.6). I say it’s the worst measure because it’s weighted
too heavily by stock prices. It’s an interesting disconnect from The Conference Board’s report on
Tuesday showing a dreadful (60.6 vs 65.4) reading. The Chicago PMI (50.3 vs
50.7) was a disappointment. Factory Orders showed a headline gain (2.8% vs -.5%
prior) but inside the numbers capital spending was 4% lower.Overseas the eurozone
offered the third straight month of gains despite dreadful economic reports
each month. The rumor du jour was that Jens Weidmann, head of the Bundesbank
and a thorn in the side of pro-bailout and QE forces in the ECB, was
contemplating retirement. That caused stocks to rally as the tough sheriff
might be leaving Dodge so the bad guys could tear up the town.One thing is
clear; gold (GLD) loves QE since it lowers the value of the dollar (UUP). And,
in case you forgot, one of the Fed’s two mandates is to protect the purchasing power of
the dollar. What’s the grade for especially given manipulated CPI data
…’ Regarding the rally? There’s a blazing
full, blue moon up there which has such effect on lunatics as are on wall
street and now in nations/markets worldwide! }
So no real
idea what they are actually going to do. However!
Submitted
by Tyler Durden on 08/31/2012
Perhaps it
is the weight that is lifted from having to tow the propaganda life while under
the influence of the Fed, but Robert Heller (ex Fed Governor) just laid out the
'translated' version of Bernanke's speech this morning. "I don't think the Federal Reserve will take any action, certainly
not until the fiscal cliff, the fiscal uncertainties are actually addressed," which is
similar to our interpretation of Bernanke's comments as he added "if
they're not addressed and the economy falls off the cliff; yes, then you may
get QE3," but "I
don't see that happening before the election!" This great
interview - somewhat stunningly truthy for CNBC - is well worth five minutes of
your time (on this ever-so-hectic Friday before Labor Day) as Heller discusses
teh fading impact of QE, the risk of enormous losses for the Fed, and the
danger of believing in a 'safe' exit strategy.
Submitted
by Tyler Durden on 08/31/2012
The market
is indeed a discounting mechanism it appears. In a mere 20 milliseconds, the
world's 'traders' had managed to read Bernanke's 4549-word script, interpret it
(as bearish in this case - which apparently is wrong now?) and start to sell
down the major equity indices. As Nanex points out,
not only was the reaction lightning fast (actually faster than lightning) but
it occurred in their newly created 'fantaseconds'
as trades were timestamped 'before' the bids and offers were even seen in the
data-feed. How long until the machines can interpret
Bernanke's 'pre-QErimes' and really front-run reality?
Submitted
by Tyler Durden on 08/31/2012
It is no secret that having failed
repeatedly at the trickle down aspect of QE1, QE2, Op Twist 1, Op
Twist 2 (and implicitly LTRO 1 and LTRO 2) as it pertains to the man in the
street (if not the man in Wall Street, who
was subject to 1-2 years of subpar bonuses which have since regained their
upward trendline), the last effort the central planners of the world, and the
administration, have is to furiously do everything in their power to reflate
housing one more time, following what is already a triple dip in home prices
ever since the December 2007 start of the Second Great Depression. Which is why
month after month we get seasonally fudged, conflicted and outright manipulated
data from various sources how housing has bottomed, for real this time, and
things are finally looking up. Remember: with any con game, the key word is
confidence, and the US consumers need to regain their confidence. Sadly, as the
following very simple chart and accompanying explanation, the answer to the
housing question is only one: there will
be no housing recovery until much more debt is eliminated. $3.2 trillion to be
precise. Everything else is merely fits and spurts of upward
action predicated by easy money hitting the market either directly, or via the
"REO-to-Rental" stimulus program du jour, which lasts for a few
months then promptly evaporates.
8-30-12 Dave’s
Daily: http://www.etfdigest.com
PROTECT YOURSELF AT ALL TIMES
8-30-12 { Carbon-based unit indeed, Dave. Brings to mind that great first
installment of what was to breathe life into that ultimately hugely successful
franchise, ‘Star Trek’; viz., the profound ‘Star Trek: The Movie’, directed by no less than Robert Wise (‘The Day the
Earth Stood Still’) himself. }
There’s enough ideas about what to do now as Bernanke steps
to the plate Friday to either regurgitate familiar messages, provide more QE,
conduct more coordinated QE with other central banks or something not imagined
by this carbon based investor. And as luck would have it, the day before this
announcement the S&P 500 tested its 1400 level of support. I think the HAL
9000s must be on autopilot for that one. September and October are fraught with
perils including eurozone drama, the Fed to U.S. elections. What’s an
investor to do? For our part we’ve moved heavily to the sidelines given weekly DeMark
9 setups of two weeks ago. From those generally in my experience we can just
move sideways or correct nearly 70% of the time—a pretty good batting average. Failing that a rising
trend most likely occasioned by more money printing would steamroll the
indicator and most others. Let’s just call it the “more money than brains” effect. But since you may not have our preferred
tool at this time, what are other things you might do to protect yourself.
After all, sleeping at night free from worry is important to most investors.
Never mind that greed and fear can haunt you. You could tighten your stops if
you’re long. In
this environment with machines running Wall Street these could be blown apart
on any major gap down. Sure, you could use “limit” orders and that might prevent a poor initial result
but if markets continued to drop precipitously you’re still
out of luck. You could buy some put options on the S&P but that might not
be your thing. And, if you did, which should you choose? As a former options
principal my style would be to buy an “in the money” put option with a duration beyond shortly beyond the
November election. If you’re wrong and markets rally you can close your
position and write-off the loss as the cost of the insurance premium. There are
more sophisticated option related strategies but they’re quite
complex for most investors. You could buy an inverse equity ETF like ProShares’ Short
S&P 500 ETF (SH) to hedge and perhaps just hold for a month or so given
potential tracking inefficiencies. If you’re bullish, you could put a buy stop limit order
beneath the current market, and if it falls sharply you’ll get a
cheaper price—lucky you! Moving to the sidelines is the least
costly unless you’re consumed by the fear of missing out on a big
rally. This is more common than most imagine since bulls like to tell you with
certainty that you’ll miss the first move which is always the biggest.
But I’ve always
reminded investors of one caveat; you’ll miss the first move but in which direction? Since
we’re always
willing to short if we have a signal to do being ready to go long or short from
cash is equally as important. So where does this all leave us? Probably just as
confused and frustrated as you. Meanwhile, back at the ranch Wall &
Broad markets sold-off as rumors persisted there won’t be QE3
because conditions are just too good. Seriously.
Jobless Claims missed (374K vs 370 expected & prior revised higher to 374K0
allowing headline writers to call things unchanged. Personal Income was
unremarkable (.3% vs .3% expected & prior .3%) and Consumer Spending rose (.4% vs. .4% expected & prior .0%) meaning
more spending than income. The Fed’s favorite view is PCE (1.3% vs 1.5% prior & “core” 1.6% vs
1.8% prior) which suggested higher prices are contained. Mrs. Bernanke doesn’t shop and “the beard” has a limo
so no worries. In the eurozone confidence dropped to 86.1, the lowest since…wait for
it, August 2009. China stocks dropped for the 4th straight month.
Separately, copper demand from China was the lowest in 15 years—that’s quite “a tell” of declining economic activity. This is an
abbreviated post targeting just a few markets since everything is Bernanke
dependent now. Volume on selling naturally rose to the highest level this week
but was still low historically. Breadth per the WSJ was negative…’ , Clint
Eastwood to speak at the Republican National Convention: reports { Indeed he did! All is not unforgiven.
That’s a double-negative, Clint, meaning all’s forgiven
( I just wanted to interject his oscar-winning ‘Unforgiven’ for the
record, along with ‘Million Dollar Baby’) for your
pro-gay marriage, don’t give a f*** egalitarian position (I actually
thought in light thereof he was a ‘wobama man’)... 82 and
still truckin’ in a big way…what a guy…I’m impressed…he made our
day! ( There are some detractors, talkin’ this and
that about his speech; but, the point is that Clint’s doing it,
not just talkin’ about it! ) Well Done, Clint! I’m also adding here for the record the
fact that Robert Duvall did a fundraiser for President Romney with First Lady
Ann Romney; and, had an underrated, underappreciated superb (less than big
budget) film of his own, ‘Assassination Tango’, which in
light of nuanced performance and attention to detail deserved greater attention
and acclaim ( any guy whose been offered a free poke from Diane Lane [‘Lonesome
Dove’] and loves the smell of napalm in the morning [the
great ‘Apocalypse Now’] is more
than okay in my book). And, Jon Voight: The Advocate … Who woulda
thunk it? Cogent and relevant! } , Tokyo court rules that Samsung
did not infringe on Apple patent AP { This is a very big deal!
} ,
More Bad News Imminent: August
US Auto Production Set To Plunge By Most In 16 Months , What Americans Actually Do All
Day Long - In Three Charts
ZeroHedge.com The average
American spends 9 hours, 12 minutes, and 36 seconds 'Working & Commuting'
on an average workday. Wonder what they do with the rest of their precious
'unproductive and non-tax-providing' day?
http://albertpeia.com/whattheydo.png , Guest Post: Paul Krugman’s Mis-Characterization Of The
Gold Standard With a price
hovering around $1,600 an ounce and the prospect of "additional monetary
accommodation" hinted to in the latest meeting of the FOMC, gold is once
again becoming a hot topic of discussion. Krugman, praising 'The Atlantic's recent
blustering anti-Gold-standard riff, points to gold's volatility,
its relationship with interest rates (and general levels of asset prices - which we discussed here),
and the number of 'financial panics' that occurred during gold-standards. These criticisms, while containing empirical data, are grossly
deceptive. The information provided doesn’t support
Krugman’s assertions whatsoever. Instead of utilizing
sound economic theory as an interpreter of the data, Krugman and his Keynesian
colleagues use it to prove their claims. Their methodological positivism
has lead them to fallacious conclusions which just so happen to support their
favored policies of state domination over money. The reality is that not only has gold held its value over time, those
panics which Krugman refers to occurred because of government intervention; not the
gold standard. Keynes himself was contemptuous of the middle class throughout
his professional career. This is perhaps why he held such disdain for gold. ,
Charting The Unprecedented
'HFT-Driven' Rise In Intraday-Trading Volatility , The Election: It's The
Food-Stamps, Stupid! , As Bank Profits Plunged In
2011, Banker Bonuses... Rose
, ECB's Asmussen 'Double-Speak'
Confuses Algos But Rajoy Gets The Message , Guest Post: On Switzerland And
The Mafia A few weeks ago,
western governments' war on productive people took an interesting twist when US immigration authorities detained two teenage children of an asset
manager based here in Switzerland. The kids were traveling through the
United States by themselves to visit extended family, and they were
interrogated for six hours about their father's business and whereabouts.
During the six-hour ordeal, the children were not allowed to contact family
members who were waiting for them, nor any sort of attorney or advisor. This
'guilty until proven innocent' approach is the same sort of special treatment
reserved for suspected terrorists. The only difference is that you don't end up
in Guantanamo. Free societies do not treat people this way. Hell, most
criminal networks don't even treat people this way. And while it may raise a few bucks in the short run, in the long run it's
counterproductive. People adapt. They create underground, cash-based economies.
They leave. Foreign investors stay away.
(USAGOLD) — Gold remains consolidative to mildly corrective.
While recent housing data took a little wind out of the sails of the QE3
advocates, the Atlanta Fed’s Lockhart seemed to suggest on CNBC today that
additional measures were indeed going to be forthcoming…it was just
a matter of timing.
Lockhart
said that more easing in September was going to be a “close call,”
reiterating that action was data dependent in saying, “If we were
to see deterioration from this point, let’s say a persistence of job growth numbers that were
well below 100,000 per month, or see signs of disinflation that could signal
the onset of deflation, then there wouldn’t be much of a question about policy.” Those data
have not been quite that bad of late, suggesting perhaps the Fed might indeed
be looking to keep its powder dry for the time being.
Nonetheless,
the market will be hanging on Bernanke’s every word when he speaks in Jackson Hole on
Friday. They’ll be hoping to glean additional clues as to the
likelihood of further Fed measures in September, or whether they should just
start looking forward to the October FOMC meeting.
Our own
Mike Kosares, wrote a couple really good posts on the Breaking News Page
yesterday on the topic of QE3:
One man’s opinion on Bernanke’s QE3 quandary
Follow up question: How would
the lack of QE3 affect the gold market?
As I’ve stated
in the past, the direction gold ultimately takes is not wholly dependent on
whether there is a QE3 or not. Mike apparently agrees, calling QE3 a “huge
distraction and a short term consideration that takes away from the real
reasons why the gold price might rise in the years to come.”
The
speculation about additional ECB measures continues to rage as well. Both
business and consumer confidence in the eurozone plunged to 3-year lows in
August, upping the pressure on ECB chief Mario Draghi to find a way to provide
additional stimulus without enraging core-Europe…and specifically the Germans.
• US initial
jobless claims UNCH at 374k for the week ended 25-Aug, above expectations of
370k, vs upward revised 374k in the previous week.
• US
personal income +0.3% in Jul, in-line with expectations, vs negative revised
+0.3% (from +0.5%) in Jun.
• US PCE
+0.4% in Jul, in-line with expectations, vs UNCH in Jun.
• German
unemployment (sa) steady at 6.8% in Aug, in-line with expectations.
• Eurozone
economic confidence fell to 86.1 in Aug, below expectations of 87.6, vs 87.9 in
Jul.
• Eurozone
consumer confidence confirmed at -24.6 in Aug.
• Eurozone
industrial confidence fell to -15.3 in Aug, below expectations of -15.0, vs
negative revised -15.1 in Jul.
• Eurozone
business climate improved to -1.21 in Aug, on expectations of -1.30, vs -1.27
in Jul.
• Eurozone
services confidence fell to -10.8 in Aug, below expectations of -9.0, vs -8.5
in Jul.
• Japan
large retailer sales Y/Y JUL -4.4% y/y in Jul, vs -2.6% y/y in Jun; total
retail sales -0.8% y/y.
http://theeconomiccollapseblog.com
http://albertpeia.com/proscons50states.htm
{ You really can’t dismiss this brief/simplistic survey out of hand;
after all, he gets the the following almost right (jersey should be ranked
below all; ie., ‘F-‘ !) New Jersey: Pros: anyone got something? Cons:
high population density, Camden, Newark, not enough jobs, multiple nuclear
power plants, Atlantic City, crime, gang violence Overall Rating: D- /
California: Pros: Disneyland, warm weather, Malibu Cons: high taxes, Jerry Brown, earthquakes,
mudslides, wildfires, gang violence, crime, traffic, rampant poverty, insane
politicians, ridiculous regulations, bad schools, political correctness,
illegal immigration, not enough jobs, air pollution, multiple nuclear power
plants, possible tsunami threat along the coast, Los Angeles, San Francisco,
Oakland, Stockton, Sacramento, huge drug problem, high population density, the
state government is broke, many more reasons to leave California right here
http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm http://albertpeia.com/hopelesscluelesscalifornia.htm Overall Rating: F }
8-29-12 Obama Has Stolen $5.3 Trillion
From Our Children In Order To Make Himself Look Good http://albertpeia.com/obamastole5plustrillionfromuschildrentohidehisfailure.htm ‘Barack Obama has destroyed the future of America in
order to improve his chances of winning the next election. Under Obama, 5.3
trillion dollars has been ruthlessly stolen from our children and our
grandchildren. That money has been used to pump up the debt-fueled false
prosperity that we have been experiencing. When the U.S. government
borrows money that it does not have from someone else (such as China) and
spends that money into the economy it is going to make our economic numbers
look better…By the end of Obama's first term, the U.S. national
debt will have grown more than it did from the time that George Washington
became president to the time that George W. Bush became president…’ , Citigroup Has The Best Summary
Of Europe's Fiasco Yet: "Losses Are Unquantifiable" ZeroHedge.com Feel like every day Europe is
juggling hot potatoes? You are not alone. As the following graphic summary from
Citi's Matt King (whose insight into Europe, liquidity conduits, shadow banking
and a comprehensive picture of modern financial "innovation" has
rapidly become second to none) shows, the hot potatoes are getting hotter by the minute, and are
flying ever faster and higher. But the kicker: King has the best punchline on
Europe we have yet encountered: "Losses are unquantifiable"
Q.E.D. , Guest Post: Boom and Bust -
The Evolution Of Markets Through Monetary Policy The outcome of the next round of monetary
policy will be similar to those in recent history mentioned in this paper... "Perceived inflation will go through the roof. We’re talking
about near 0% interest rates around the developed world (near-term rates in
Germany hit 0% in the auction at the end of May and are expected to go
negative). Oh yeah, and massive inflation. I think gold will have no trouble hitting $3,000/oz in the medium-term and I see
copper tripling over the next decade. This is, of course, until we hit
the next bubble sometime around 2018 and start over again. The trend
remains: since the stock market crash of 1987, through the dotcom bubble, and
into the real-estate & stock market bubbles of 2007, each euphoric high and ensuing crash have been more extreme than the
last. These extremes are fueled by the easing that
is meant to cure us. The policy that we are facing within the coming
months/years will, as the trend dictates, trump them all, and so inevitably
will its hangover." , Draghi’s Master Plan Matrix Following the dismal failure of Draghi's
OpEd this morning (which we assume was a reprint of his much-anticipated - and
now cancelled - speech from J-Hole) to jawbone anything but a very brief pop in
EURUSD, we thought it useful to aggregate
all the great-and-good deeds the ECB elder is considering (and why). Europe
remains in a long-term deleveraging phase (as much of the developed world finds
itself). This lack-of-demand for credit has crushed the so-called 'money-multiplier in Europe, just as
it did in the US (which we discussed in detail here
as worse than the Depression); as banks have simply stockpiled the vast sums of LTRO/ECB-collateralized
funds. This has left him feeling less than his normal
omnipotent self and so he is forced to act even more extremely (or talk about
acting that way). The following matrix from Morgan Stanley outlines his policy
options under various scenarios as we note few (aside from a rate cut) are
actionable in the short-term, and even fewer are likely to make any difference
to this long-term deleveraging-cycle , VIX Rises, Equity Futures
Fall, Volume Disappears (Again)
, Your Tax Dollars At Work: The
US Budget Visualized For Congressional Dummies With a $3.8 trillion yearly budget, the US
Government is the most powerful entity in the world. This simple infographic shows
how the money was spent. , Guest Post: Doug Casey
Uncovers The Real Price Of Peak Oil
Doug Casey is of the opinion that the Hubbert peak-oil theory is correct. In the 1950s, M. King Hubbert
projected that US oil production would start declining in the 1970s, and he was
accurate. Then he projected that in the mid-2000s, the world's production of
light, sweet crude would start declining. He was quite correct about that, too.
There will always be plenty of oil at some given price, but to produce oil – even
conventional, shallow, light sweet crude – now costs close to $40/bbl in many places. Drilling in politically unstable jurisdictions with sparse infrastructure
is neither cheap nor fun. We're talking about production costs of at least
$80/bbl in many cases. In an industrial world with seven billion people,
the only energy source that makes sense is nuclear power. Sure, you can use wind
and solar from time to time and in certain places. But those technologies
are extremely expensive, and they absolutely can't solve the world's energy
problems. , Chart Of The Day: From
Pervasive Cheap Credit To Hyperinflation , Place Your Bets The Chinese Stock Markets are returning to the lows of 2009 and
the Europe is mired in a recession. The American Stock Markets are not far off
their highs and we do not think this will continue. Mark Grant is quite
negative, for all kinds of reasons, about our equity markets now and would be
taking profits and returning to the more assured bets of getting yield from
bonds and not from dividends. A dividend may be reduced or cancelled by the
wave of some Boards’ hand one afternoon while senior debt cannot be
cancelled without the company or the municipality going into bankruptcy so that the top of the capital structure is far safer than relying upon
dividends for income. In the next sixty days we are faced with Greece,
Portugal, Spain, Italy and ECB issues that are quite serious both economically
and politically. You may think what you like but there is a lot of risk on the
table; of that you may be assured. When
someone says, “Buddy can you spare a dime” we
would like to be the one being asked and not the one doing the asking. It is
here where we stand and wait.
European Bank Run Watch:
Spaniard Edition
Reggie Middleton The Spanish
bank run has started - as was explicitly warned about 6 months ago! , JaCKSoNHoLe 2012 williambanzai7
Another year, another central planning pipe
dream... , Three Questions for Mario
“bumblebee” Draghi Phoenix Capital...
Mr Draghi… a few questions for you…
ZeroHedge.com
by Tyler Durden on 08/29/2012
Into the Meat Grinder: A
“Market Meltdown the Likes of Which We’ve Never Seen Is Upon Us”
8-28-12 Dave’s
Daily: http://www.etfdigest.com
‘QE
QUESTIONS { To QE or not to QE, that is
the question…whether it is nobler in the mind to suffer the slings
and arrows of outrageous destruction of fortunes … ah, yes … good
choice Dave … I know those soliloquies by heart…and now, a
little Lewis Carroll with a mad hatter none other than
helicopter-ben-shalom-bernanke … } 8-28-12 It’s not like
words fail me, it’s that volume and waiting do. Yesterday I didn’t post as
volume on much watched SPY was only (cough) 65M shares. That’s even less
than a half-day holiday-like trading. Markets followed by doing little. What’s the point
of even discussing it? As long as economic data dominates without market
reaction it’s hard to write much. I may continue light posting
until Friday if this persists. All eyes are glued to whatever hints develop
before Jackson Hole and events that follow in rapid fire succession in
September. Traders (wish I had done the same) have taken the last two weeks of
August off. That in itself isn’t unusual but this lack of action is extreme. Clearly
those less fortunate junior traders have been left in foxholes to defend the
market status quo. Both bulls and bears are essentially sidelined. The Fed’s oracle,
Hilsenrath is awaiting orders and targeted leaked information to assuage
investors causing algos to jump or not. Early on it was noted the ECB’s Mario
Draghi would be making an appearance and might have been the star of the
Jackson Hole show. But today he backed out. Some have rationalized this to mean
he either didn’t want to steal the limelight from Bernanke or he had
no ability to confirm previous statements to “defend the euro at all costs” and etc.
Perhaps this might mean in Bernanke’s speech Friday he will reveal new actions. If he has
the authority to implement another round of QE he must have gotten votes to do
so via a conference call with other voting Fed governors. But I speculate.
Spain’s GDP
shrunk once again to -.4% which seemed generous given the news backdrop. The
Catalan province “demanded” a €5 billion bailout “without” any conditions. (Beggars are now choosers.)The Basel
Group is now under direct ECB pressure to relax new liquidity rules for banks
which some might surmise would allow for additional misbehavior.Not to be left
out, Japan is lowering its GDP estimates but can’t really find a firm number to assign to it. Let’s just say
things aren’t good.In the U.S. Consumer Confidence imploded (60.6
vs 65.8 expected & prior 65.9) or a 9 month low. This was quite stunning
and may be the result of rising gas prices and ongoing joblessness. You wouldn’t have
known this by the Consumer Discretionary sector (XLY) which rallied on the
news. This reflects the “bad news is good” theme for QE pimps. Bulls liked that Home Prices
rose .9% or the same as in June although it seems to me this is the season for
home buying. But even Shiller commented that improvement was nice but there
wasn’t a rush to
buy. The Richmond Fed Index was better but still weak at -9. http://albertpeia.com/consumercon.png Wednesday will feature U.S. GDP data,
Corporate Profits and Pending Home Sales. This is an intense week for economic
data although the featured player remains the Bernank.The dollar (UUP) was weak
while gold (GLD) and silver (SLV) were higher. Oil (USO) was only slightly
higher keeping commodity tracking ETF (DBC) only slightly better on the day.
Bonds (IEF) once again rose on the weak overall economic data.Stocks limped
along throughout the day Tuesday closing mostly unchanged. Volume was once
again ultra-light and breadth per the WSJ was mixed overall…’ , Drudgereport: Gasoline To Hit Labor Day Record Price... {
Predominantly the consequence of failed QE for the benefit of fraudulent wall street
only and wobama’s (failed) re-election
scam! } , Is There Going To Be A Stock
Market Crash In The Fall? http://albertpeia.com/stockmarketcrashcoming.htm { Short answer, YES! If there’s still any
rationality left in these stock markets! }
, FOUR REASONS WHY THE FED WILL
NOT ANNOUNCE QE 3 THIS FRIDAY gpc1981 http://albertpeia.com/4reasonsnoqe3.htm , $16,OOO,OOO,OOO,OOOBAMA! ZeroHedge.com November 16, 2011 was
a historic date: that's when the US officially surpassed $15 trillion in debt
for the first time since World War 2. We celebrated it by cheering
$15,OOO,OOO,OOO,OOOBAMA. Today, August 28, 2012, is when we can unofficially
celebrate again, because 286 days after the last major milestone was surpassed with
disturbing ease, total US debt following today's $35 billion auction of 2 Year
bonds is, well, in a word: $16,OOO,OOO,OOO,OOOBAMA! , Judgment Day For The Euro And
What's At Stake Europe and the world are eagerly awaiting
the decision of Germany’s Constitutional Court on September 12 regarding the European Stability
Mechanism (ESM), the proposed permanent successor to the eurozone’s current
emergency lender, the European Financial Stability Mechanism. The Court must
rule on German plaintiffs’ claim that legislation to establish the ESM would
violate Germany’s Grundgesetz (Basic Law). Nobody knows how the
Constitutional Court will rule on these objections. It is good that the Court’s decisions
cannot be forecast, and even better that the Court cannot be lobbied or
petitioned. The European Union can be based only
on the rule of law. If those in power can break its rules on a
case-by-case basis, the EU will never develop into the stable construct that is
a prerequisite for peace and prosperity.
, The 'Euphoric' Economy And Why
'They' Didn't See It Coming
We are often asked for glossaries or background posts to help in the
comprehension of how-we-got-here?, where-here-is?, and where-we-are-going? We
hope that our posts, while diverse in nature, build upon one another and
provide an educational platform for all levels of market/economy participant
(active traders, passive investors, and working / non-working citizens alike)
but as far as a succinct primer on how broken the
status quo is and the 'euphoric' economy that very few could see through their
Keynesian "debt doesn't matter" blinders, Steve
Keen's introductory lecture at UWS is perhaps the most complete soup-to-nuts
discussion we have seen recently. From the OECD's total ignorance to
Bernanke's 'Great Moderation' miss; from economic 'religion' to science; and
from Keynes to Minksy, Keen explains, in language even Chuck Schumer could
understand, how more debt doesn't solve too much debt, how stability breeds
instability, and why the US won't be finished deleveraging until 2025 (at this
rate). , The Ultimate Visualization Of
Australia's Housing Bubble
, Guest Post: China's Difficult
Choice Over the weekend, we
pointed out that the old mechanism for the People’s Bank of China to expand its
balance sheet and create base money has been broken by new funds
flow pattern, and it will sooner or later require some sort of large scale
asset purchases programme a.k.a. quantitative easing
to offset the impact of the broken mechanism (after other tools such as cutting
RRR reach their limits). However, we also mentioned that as the private sector is currently
quite overstretched and will start the deleveraging process (if they have not
already started), and that would render traditional monetary tools
useless, and quantitative easing ineffective. And that would necessitate
deficit spending at both local and central government levels. If we have read
the social mood correctly that China
might be more pro-austerity than pro-Keynesian, and if
policymakers indeed share that view, then the consequence in the near term
could be rather grim. The delay in stimulus as well as the small size of it so
far has already done damage, if you like. The economy is already on course to a hard
landing. , China's 'Non-Performing Loan'
Nightmare , From Hard Landing To Train
Crash, All Chinese Indicators Have Slammed On The Brakes , Guest Post: The New Endangered
Species: Liquidity & Reliable Income Streams , Drought Crop Update: From
Harsh Expectations To Harsher Reality , Despite Record High Stocks,
Consumer Confidence Crashes to 9 Month Low , Case Shiller Home Prices Beat
Expectations, Rate Of Increase Slows , Guest Post: The Rot Runs Deep
2: Don't Call Out My Scam And I Won't Call Out Yours
"Everybody's
going to war but we don't know what we are fighting for."– Nerina
Pallot, from "Everybody's
Gone to War"
Henry Paulson Confronted on
Threatening Congress With Martial Law
We Are
Change | Paulson’s cronies strong arm citizen journalists to prevent
questions to former Treasury Secretary and Goldman Sachs executive.
It Is Not Just Your
Imagination – American Families ARE Getting Poorer
The Economic Collapse | Did you know that median
household income in the United States is lower today than it was when the last
recession supposedly ended?
Breaking Evidence in Gov’t
Fraud Revealed
Infowars.com | The U.S.
Government is the world’s largest buyer of goods and services.
UK Daily Mail | The iPhone has already replaced
digital cameras, MP3 players and portable games consoles for most owners.
Whispers on Wall Street: Major
Financial House Is Going to Implode… Could It Be Morgan Stanley?
Mac Slavo | Before the collapse of mega behemoth Bear
Stearns there were rumors that a major Wall Street firm had bitten off more
than it could chew.
Summer Is Over With A Bang As
Bomb Explodes Outside Greek Bank
Zero Hedge | A makeshift bomb exploded outside a
National Bank of Greece branch in Athens early on Tuesday, causing minor damage
but no injuries, police said.
Feds: Too few Americans ‘turn
to government for assistance’
Washington Examiner | More Americans rely on their
families for assistance than the government, so federal officials have
undertaken an effort to help people to apply for federal assistance.
Blunt
Christie tells Republicans it's time to face fiscal truth
- TAMPA, Florida (Reuters) - New Jersey Governor Chris Christie accused
Democrats of refusing to tell Americans the truth about the depth of the
country's deep fiscal woes on Tuesday in a pugnacious... { I
had no idea Gov. Christie was a former federal prosecutor. Maybe he could find
out what happened to asst. us attorney Jonathon Lacey, the
files/documents/exhibits etc., from as well, former us attorney alito and fed
judge maryanne trump barry, former us trustee leonard … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm }
8-27-12 Doug Casey Predicts Day of
Economic Reckoning Is Near
(Casey Research 8-27-12) http://albertpeia.com/caseysayseconomicreckoningnear.htm ,
ANGELA MERKEL JUST REVEALED THE TRUTH ABOUT EUROPE gpc1981 http://albertpeia.com/truthabouteurope.htm , It Is Not Just Your
Imagination - American Families ARE Getting Poorer http://albertpeia.com/americansgettingpoorer.htm , A Flashing Warning On The
"Unintended Consequences" Of Ultra Easy Monetary Policy From... The
Fed?! Zerohedge.com , Guest Post: The Endless War:
Saudi Arabia Goes On The Offensive Against Iran , When Channel-Stuffing Comes
Home? GM 'Idles' Volt Production (Again) , Why Paul McCulley Would Be
Shorting The Economy With Both Hands Right Now According to the plethora of long-only
managers willing to trot out on the public stage and beg for more commissions,
the US has been (and will remain) the cleanest-dirty-shirt in the global risk
asset laundry basket; but as David Rosenberg of Gluskin Sheff points out not
only has the S&P 500 hit a new record high in its total return index but it
also possesses a rather 'ebullient' valuation premium
(2012E P/E) of 13.8x relative to China 9.8x and Europe 11.4x. However,
while this is more than enough to slow some investors from backing up the
long-truck, Rosie goes on to highlight a very worrisome indicator - that
favored by ex-PIMCO's Paul McCulley. The
YoY trend in the three-month moving average of core capex orders (which was
updated last Friday) has just cracked negative, crushing the hopes of US growth
prospects and we assume equity superlatives. However, since
the market no longer reflects anything; certainly not the economy, but merely
who will ease more when and how, one really can't short much if anything, even
if McCulley is 100% spot on. , Stocks Stumble Despite AAPL's
Best Efforts Not even the
almighty power of AAPL could bring to bear a positive end to the day for the
S&P 500 or the Dow. Most notably, the Dow Transports are now -2.3% from the
highs last Tuesday and diverging aggressively lower. Volume was simply
incredibly low today (with London close) in NYSE and S&P 500 e-minis where
volume was its lowest of the year by a long-way. VIX soared today, up over 1.2vols to 16.4% with some major put-spread
buying in SPY. The afternoon weakness in gold, silver, stocks
broadly (and specifically Materials, Industrials, Discretionary, and
Financials) tend to indicate a QE-off move but Treasuries (which rallied
2-4bps) were largely unmoved in the afternoon. The USD limped higher also
(QE-off) all afternoon but ended the day practically unchanged with AUD weakness the standout. Oil was volatile as Isaac was
downgraded, cracks were arb'd, and SPR-release rumors swung it around - though
the economically-sensitive commodities
all clustered together at the close around -0.5%. , Lies, Damned Lies, And
Pianalto's QE/Deleveraging Lies
We tried to bite our tongue; we ignored some of the sheer hypocrisy of
Cleveland Fed's Sandra' oh Sandy' Pianalto (that QE2 was a definitive success in 2010
but now LSAPs require more analysis of costs and benefits); but when she
started down the road of praising the US consumer for deleveraging we had
enough. In the immortal words of John Travolta: "Sandy, can't you see,
we're in misery" as while she
notes consumers cutting back on credit card debt (due to forced bankruptcies we
note), Consumer debt has only been higher on one month in history! Soaring
auto loans and student debt should just be ignored? There is no deleveraging - Total US Consumer debt is 0.23% from
its all-time high in mid-2008, and will with all likelihood break the record at
the next data point. Meanwhile her speech, so full of careful-not-to-over-commits
can be summed up by the world-cloud that shows the six words most prominent:
'Monetary Policy', 'Financial Conditions', and most importantly 'Credit
Economy'. Here's the deal: Consumer Debt is Consumer Debt. , When It All Goes Bidless: What
Losing $1 Billion In 100 Milliseconds Looks LIke , Dallas Fed Beats On Hope Alone
As Prices Paid Jump Most In 19 Months , China Stocks Drop To Fresh
Post-2009 Lows Following Plunge In Industrial Company Profits , Germany Loses Confidence For
The Fourth Month In A Row
Submitted by Tyler Durden on
08/27/2012
8-24-12 Dave’s Daily: http://www.etfdigest.com
‘THE FED’S ORACLE KEEPS STOCKS GREEN 8-24-12 With stock
markets actually threatening a red week enter the Fed’s oracle,
the WSJ’s Jon Hilsenrath with a Bernanke regurgitated “stick save”
QE algos glommed on which rallied stocks. For non WSJ subscribers Bernanke
stated nothing new and just repeated the Fed is ready to provide accommodation
using more tools. We already know this. Stocks are being propped by some
invisible hand to keep things near to where they need be before TPTB act on QE,
bailouts and other stimulus. September will be an interesting month to say the
least. More QE has only helped stocks for as long as the actions last because
they provide liquidity to money center banks which then finds its way to
trading desks and other actors. Overall, Fed actions have scored an “F” on its
twin mandate: high employment and protecting the purchasing power of the
dollar. Durable Goods Orders headline beat (4.2% vs 2% expected and
ex-transport -.4%). However inside the number core capital goods orders dropped
3.4%, and that’s ugly. Meanwhile in the eurozone the ECB is awaiting the
German courts to decide whether the ESM is constitutional (most think the court
will allow it) before they undertake any bond buying. Further there is no
current plan to engage in bond buying. Merkel’s top ally in her
party stated the Greek deal can’t be renegotiated. And, the German finance ministry
is studying a Greek exit costs.
As noted yesterday earnings and revenue beats from 2,300 stocks have been as
weak as 2009. Not a good thing. It’s Friday and we needed the week to close green so
conditions reversed overall. The dollar (UUP) was up slightly, gold (GLD) was
flat overall and commodity (DBC) prices were mixed. Bond (IEF) were only slightly lower with the stock market rally. Volume
was once again ultra-light as the Hilsenrath article got the algos going.
Breadth per the WSJ was positive…’ , AN OPEN LETTER TO THE MSFM: QE 3 ISN’T
COMING, GIVE UP By gpc1981 http://albertpeia.com/qe3notcoming.htm , Guest Post: Trading on
Yesterday's News – What Does the Stock Market Really 'Know'? ZeroHedge.com We have critically examined the question of whether the stock market 'discounts' anything on several
previous occasions. The question was for instance raised in the context of what
happened in the second half of 2007. Surely by October 2007 it must have
been crystal clear even to people with the intellectual capacity of a lamp post
and the attention span of a fly that something was greatly amiss in the
mortgage credit market. Then, just as now, both the ECB and the Fed had
begun to take emergency measures to keep the banking system from keeling over
in August. This brings to mind the 'potent directors
fallacy' which is the belief held by investors that someone – either the
monetary authority, the treasury department, or a consortium of bankers, or
nowadays e.g. the government of China – will come to their rescue when the market begins to
fall. 'They' won't allow the market to
decline!' 'They' won't allow a recession to occur!' 'They can't let the market
go down in an election year!' All of these are often heard phrases.
This brings us to today's markets. Nowadays, traders are not only not
attempting to 'discount' anything, they are investing with their eyes firmly
fixed on the rear-view mirror – they effectively
trade on yesterday's news. { It bears repeating
that never in history have the markets become so disconnected from fundamental
finance, valuation, an reality and so completely and utterly fraudulent. I
believe that computerization facilitating multiple frauds at lightning speed,
over and over again and again along with re-hypothecation of already worthless
paper at similar speeds is in part the reason for the prevalence of such fraud
along with the breakdown of american among other societies into what yesteryear
would have been scorned as ‘banana republics’ without any meaningful rules of law whatsoever and pervasive,
almost blatant, corruption at every level. (This
is not to blame computers for the bad use they’re put to.) } , On This Week In History, Gas
Prices Have Never Been Higher
Of course, we are sure this will not weigh on Bernanke's decisions in
the next week or two but for all those who don't see inflation, courtesy of John Lohman, gas prices have never been higher during this
third week of August. We remain flabbergasted that in the Wizard of
Washington's recent defense of QE, there was no mention of record high gas prices as justification for it 'working' and it
would appear that 'transitory' means something different than us mere
un-omnipotent-beings can comprehend.
, Guest Post: Does the Bank of
England Worry About The Cantillon Effect? The empirical data is in. And it turns out that as we have been suggesting for
a very long time — yes, shock horror — helicopter dropping cash onto the financial sector
does disproportionately favour the rich. Here are four simple questions to the
venerable Bank of England (just as applicable to any and every Central Banker);
and sadly, we expect to see the announcement of more quantitative easing to the
financial sector long before we expect to see answers to any of these
questions. , Forsaken And Forgotten http://albertpeia.com/forsakenforgotten.htm , Discount Rate For Banks: 0%;
Discount Rate For The "Rest Of US": 400%; For Everything Else There's
TaxpayerCard When your local
friendly Too-Big-To-Fail bank needs a 'helping hand' loan to get through
pay-day or buy some extra S&P futures, it picks up the shiny red phone and
asks Ben for unlimited access to free money. When the 'rest-of-us' need a
little extra - to get through the next week before our pay-check hits, we call
this guy - who charges a 400% APR. The
Central Bank Discount Window - Priceless.
, Guest Post: Why You Always
Want Physical Everything
Simon Black recounts a recent experience as he pulled in to a gas
station in Italy; he whipped out his American Express card and asked the
attendant in broken Italian to turn on the pump. He acted like Simon had just
punched him in the gut, wincing when he saw the credit card. "No... cash, only cash," he said. I didn’t have very
much cash on me, so I drove to the next station where a similar experience
awaited me. This is a trend that is typical when
economies are in decline– cash is king. Businesses often won’t want to spend the extra 2.5% on credit card
merchant fees... but more importantly, distrust of the banking system and a debilitatingly extractive tax system pushes people into cash
transactions. You can’t really blame them.
, Gold And Silver Win The Week
As Dow Sees First Weekly Loss In Seven Volume was dismal - aside from a massive surge in S&P 500
e-mini volumes as the combo Bernanke bluff and ECB bond-band-rumor hit the tape
and exploded stocks up from two-week lows. A late-day attempt to close the
S&P green for the week failed and the Dow ended with its first down week in
seven weeks - and largest loss in nine weeks - despite a magnificent
centrally-planned triple-digit gain today (+100.1pts!) Stocks were 'aided' by new cycle highs in HYG as it saw
its best performance in a month - amid massive fund inflows and heavy issuance
(notably outperforming credit spreads in CDS land). The shift in HYG does look
like some convergence trading with SPY though - after a month of
flat-lining. Gold (and even more so Silver) were the week's big performers (up
3.35% and 9.25% respectively) even as the USD only lost 1.1%. Treasuries ended
the week better by 9 to 14bps (considerably different from stocks relative
performance). The week was characterized simply as
stocks bouncing between QE-off (Treasury strength) and QE-on (USD weakness and
Gold strength) - on de minimus volumes.
, Thank You Wall Street Thanks for everything... http://albertpeia.com/thanksfraudulentwallstreet.png
Friday, August 24, 2012
Republicans eye return to gold
standard
Financial
Times | “A return to a fixed money supply would also remove
the central bank’s ability to offset demand shocks by varying interest
rates.”
American Incomes Are Falling
And Near-Retirees Are Getting Crushed: Study
Daily Ticker | Now, the
median income has fallen to about $51,000.
Dennis Gartman Just Dumped All
Of His Stocks
Business
Insider | Dennis Gartman said he had made a mistake reducing
the size of his long position.
Odds of Global Recession Are
100%: Marc Faber
CBNC | When you look at the major economies, Europe,
the U.S., China and the emerging markets that are dependent on China for
growth, Faber, aka Dr. Doom, only sees weakness.
Lew Rockwell | In one sense, this is a tribute to
Ron, and his endless efforts to educate us all about sound money.
8-23-12 Dave’s
Daily: http://www.etfdigest.com ‘ACCIDENT PRONE RALLY 8-23-12 Jobless Claims rose
(372K vs 365K expected & prior revised higher again to 368K). Claims have
been revised higher for 32 consecutive weeks. The PMI Mfg Flash Index rose
slightly (51.9 vs 51 expected & prior 51.8). The Bloomberg Consumer Comfort
Index fell (-47.4 vs 44.4 previous). New Home Sales rose (372K vs 362K expected
& prior 350K) and FHFA Home Price rose (.7% vs .6% expected & prior
.8%). So as far as U.S. data is concerned things were mixed. Rubbing salt in
the wounds of the unemployed was the statistic from Reuters 2.7 M
U.S. jobs have been outsourced to China. In the eurozone Merkel and
Hollande met, the eurozone economy contracted (PMI 46) for the 7th
straight month. In Asia China Mfg data weakened (47.8 vs 49.3) and investors
rallied many Asian shares on the belief there will be more QE and other
stimulus. Pimco’s Mohamed El-Arian outlined
what the eurozone has to do now beyond the talk. In other words, there is no
margin for error. The dollar (UUP) fell sharply since some must think the euro
is a safer bet which seems odd. As Bucky fell gold (GLD), silver (SLV) and
commodities (DBC) overall rallied sharply. As stocks fell sharply bonds (TLT)
rose. The nervousness about markets is ubiquitous. Fear of being left out of
equity rallies now equals staying in it seems. Further it was reported Thursday
that only 58% of the 2300 companies reporting earnings have beaten expectations
and 48% beat on revenues—the lowest since 2009. Stocks fell sharply as the air
pocket was there staring us in the face given the light volume. Some disasters
of the day included (HPQ), (GES), (BA) and (X) to name a few. Volume on the
decline remains light even as selling intensified which just shows the total
lack of participation light even by August standards. Breadth per the WSJ was
negative. Investment Tip: We exited many positions due to DeMark weekly
9 counts which was “a tell” that
markets were stretched. It didn’t predict the top certainly coming the Monday of last
week but no indicator is perfect. Become a premium member and benefit from
these signals…’, Marc Faber: Odds of Global
Recession Are 100% , Republicans Consider Returning
To Gold Standard: Real Or Red Herring? ZeroHedge.com Tyler
Durden Stranger than fiction perhaps
but the FT is reporting
that the gold standard has returned to
mainstream US politics for the first time in 30 years with a 'gold commission'
set to become part of official Republican party policy. While
this could simply be a reach for as many Ron Paul marginal voters as possible
(with the view that the GOP would never really go for it); it appears drafts of
the party platform from the forthcoming rain-soaked convention call for an
audit of the Fed and a commission to look at restoring the link between the
dollar and gold. The FT, citing a
spokesperson, adds that "There is a growing recognition within the Republican party and in America more
generally that we’re not going to be able to print our way to prosperity," but
"We’re not going to go from a standing start to the gold
standard," although it would provide a chance to educate politicians and
the public about the merits of a return to gold. Interestingly, the Republican
platform in 1980 referred to "restoration of a dependable monetary
standard", while the 1984 platform said that "the gold standard may
be a useful mechanism." , JPM's London Whale May Face
Jail Time For Mismarking Billions In CDS , China Has Become One Big
"Stuffed Channel"
Zero Hedge covered the topic of automotive channel stuffing long before
it became a conversation piece, particularly as it pertains to Government Motors, a story which has
recently taken precedence after being uncovered at such stalwarts of industry
as German BMW and Mercedes,
implying the German economic miracle may, too, have been largely fabricated.
Another core topic over the years has been the artificial and
inventory-stockpiling driven (in other words hollow) "growth" of China's economy,
whose masking has been increasingly more difficult courtesy of such telltale signs of a
slowdown as declining electricity consumption and off the charts concrete use.
It was only logical that the themes would eventually collide and so they have:
the New York Times published "China Besieged by Glut of
Unsold Goods" in which, as the title implies, it is revealed
that China is now nothing more than one
big "stuffed channel." , Guest Post: The Most Important
Chart In TheWorld In a
nutshell, charting this ratio demonstrates the
'real' return on stocks adjusted for inflation or currency debasement.
As we all know, the Zimbabwe stock market essentially went up to infinity during
their hyperinflation but did anyone get rich from that? Of course not,
the shares were denominated in a currency that was on its way to worthlessness.
The key thing with the Dow/Gold chart is that it perfectly mimics the various social moods and massive secular trends that exist
in the economy over very long periods of time.
It is just as effective in periods of deflation as in inflation in telling you
the true story. In both of the prior two periods (one deflationary and one
inflationary) the DOW/GOLD ratio got down to about 1:1. It has been our
contention for many years that we will see that same ratio once again.
That would imply another roughly 75% drop in stocks to gold and Mike Krieger
expects that this next leg is beginning now.
, On Economic Deceivers And
Propagandists , Why In America It Pays To Be
An Old, White, Widowed, Native-Born Female; Everyone Else Is Out Of Luck , 5 Year TIPS Price At Record
Low -1.286% , Guest Post: Venezuela Ramps up
China Oil Exports Unsettling Washington , The Beginning Of The End For
John Paulson? , Guest Post: Spreading
Insolvency Around Does Not Create Solvency The entire global financial "recovery" engineered by
central banks and Central Planning is based on the absurd notion that if we
spread unpayable debt over the entire body politic (be it a nation or regional
entity such as the European Union) then that distribution will somehow make the
debt payable and the phantom assets real. The debt remains unpayable and the assets (collateral) remain
stubbornly phantom. As for adding more debt (selling Eurobonds,
Treasury bonds, etc.), please note the diminishing return on additional debt:
it is now negative.... Diminishing returns define the flailing financial
system: the return on petrocapitalism is declining (how many barrels of oil or
equivalent does it take to extract and process one barrel of shale-derived
oil?), the return on more debt has turned negative, the yield on "saving"
bankrupt States is marginal, and so on: spreading insolvency to the taxpayers
does not magically create solvency, it only distributes insolvency to every
nook and cranny of the economy. All
the debt remains painfully real; it is only the collateral that is
illusory. , Slumping Commercial Real
Estate Sales Are Latest Flashing Red Non-Recovery Indicator , The European "No Action,
Just Talk" Rumor Mill Is Back
, Spot The Housing Bottom: New
Homes For Sale Drop To Lowest Ever; Average New Home Price Plunges To 2012 Lows , Greece Ready To Start Selling
Its Islands , Newsflow Sentiment Confirms
Global Recession , Gold And Platinum Surge As
Mining Unrest Spreads
A decidedly
more accommodative tone evident in the FOMC minutes from the 31-Jul/01-Aug
meeting, with “many” members in favor of additional measures sooner
rather than later in the absence of “substantial and sustainable strengthening” in the
economy. The market is now broadly anticipating that the Fed announces
additional measures in the coming weeks.
Weak manufacturing
data out of China intensified speculation that the PBoC would ease further as
well. And finally, there are rumors circulating based on an article in Die Welt
that the ECB is contemplating “secret” rate targeting. The rate targeting idea is bad enough,
but secret rate targeting srikes me as just plain silly, as I explained in an
earlier post. However, I do think it is reflective of just how desperate
policymakers are to find a way to give the old proverbial can one more kick
down the road.
• US new home
sales +3.6% to 372k, above expectations of 369k, vs upward revised 359k in Jun.
• US initial
jobless claims +4k to 372k for the week ended 18-Aug, above expectations of
365k, vs upward revised 368k in previous week.
• Eurozone
Markit Composite PMI – Flash ticked higher in Aug to 46.6, vs 46.5 in Jul;
Services lower at 47.5; Manufacturing better at 45.3.
• Eurozone
consumer confidence – Flash fell to -24.6 in Aug, vs -21.5 in Jul.
• Germany Q2
GDP (sa) – 2nd release +0.3% q/q, vs +0.3% previously; +1.0 y/y
(wda); +0.5% y/y (nsa).
• Germany Q2
exports +2.5% q/q, vs negative revised +1.2% in Q1; imports +2.1% q/q, vs
negative revised -0.2% in Q1.
• Germany
Markit Manufacturing PMI – Flash rose to 45.1 in Aug, vs 43.0 in Jul; Services
48.3, vs 50.3 in Jul.
• France
Markit Manufacturing PMI – Flash improves to 46.2 in Aug, vs 43.4 in Jul;
Service 50.2, vs 50.0 in Jul.
• China
Leading Indicators +0.7% in Jul, vs negative revised UNCH in Jun.
• China
HSBC/Markit Manufacturing PMI – Flash fell to 47.8 in Aug, vs 49.3 in Jul.
• Singapore
CPI +4.0% y/y in Jul, vs +5.3% y/y in Jun.
• Taiwan
industrial output 0.0% y/y in Jul, vs -2.4% y/y in Jun.
Texas judge
warns of possible ‘civil war’ if President Obama is re-elected
Romney: My
health care plan is superior to Obama's
Obama
campaign unleashing 'the Big Dog' in battleground states {
Riiiiight! The big dog…who found a way to poop up the presidency after being
gifted with a huge end of cold war peace dividend courtesy of predominantly
Reagan. Yes, on route to blowing the job, despite his support for NAFTA, he did
get quite a few…blow(n) jobs… http://albertpeia.com/bigdogpoop.htm }
Submitted
by Tyler Durden on 08/22/2012
CBO: Feds flirting with
double-dip recession
washingtontimes.com | Obama
and Congress flirting with both a recession and a jump in unemployment next
year.
Home sales and prices rose in
July
upi.com | Sales
for the month were 10.4 percent higher than the 4.05 million level of July
2011.
Thanks Obama – Here Are 24
Stats That Show How Much You Have Royally Messed Up Our Economy
The American Dream | Under Barack Obama, the U.S.
economy has performed worse than it did under any other president since the end
of the Great Depression.
What Happened After Europe’s
Last Three Currency “Unions” Collapsed
Zero Hedge | The Eurozone, and its associated
currency, is merely the latest in a long series of failed attempts to create a
European currency union and a common currency.
US corn, soy prices hit
records as drought lingers
AFP | US corn and soybean prices closed at new record
highs Tuesday as a new survey showed worse-than-expected crop damage from a
brutal drought across the country’s central breadbasket.
Report: Nearly One In Five
Americans Have No Money to Put Food on the Table
SHTFplan.com | While economists, government
officials, and mainstream media experts argue about whether a recovery is
finally taking hold, the evidence on the ground provides a clear insight about
where the country is headed.
More Than Half Of All
Americans Are At Least Partially Dependent On The Government
The Economic Collapse | A very large segment of the
population has figured out that it can use voting as a tool to get more money
and benefits from the government, and that is a very dangerous thing.
8-21-12 Dave’s
Daily: http://www.etfdigest.com
‘THE
PRESSURE IS ON THE GERMANS TO BLINK
8-21-12 It would seem as though
a more dovish Angela Merkel has
emerged with a new willingness for unlimited eurozone bond buying which may
include a rate cap at least so reports the Guardian. Also Greek Prime Minister
Samaras has headed to Germany to plead for a two year extension to implement
mandated and agreed upon reforms. However, according to Bloomberg it
appears he may only get small concessions according to the article. Overall
markets in the eurozone thought all this news was bullish and bid up both the
euro and stocks there. With all this money printing to buy bonds the ECB has
chosen inflation as the optimal course even as they would argue that.The theme
emerging from the eurozone is a common one—rather than address debt and spending the solution
seems paper it over (literally) by printing more money.As a consequence of this
gold (GLD) and commodity prices in general (DBC), (JJC) and (USO) advanced
while the dollar (UUP) declined. Bond (IEF) prices fell early but climbed in
the afternoon as stocks sold-off.There was little in the way of economic data
or earnings for investors to digest Tuesday. Apple (AAPL) which lately seems to
be “the market” saw some
wild trading in a $25 range as an early spike was met by heavy selling. Share
volume was double the average and no doubt there was profit-taking. Remember
230 hedge funds hold Apple shares and as good a company as many believe, too
much of a good thing isn’t wonderful. As mentioned stocks sold-off late as
investors may be looking ahead to Wednesday’s inspection of FOMC Minutes trying to find a kernel
of QE3. It didn’t help that Fed Governor Lacker saw no need for any
QE3 now.Here’s an interesting chart of the day. Guess when the
income tax was initiated. (We had to pay for the “war to end
all wars” and I guess we’re still fighting.)
http://albertpeia.com/incometaxforwar.jpg Once again overall volume was light and
breadth per the WSJ was mildly negative…’, FORGET
EUROPE… THIS IS A
REAL CRISIS TO BE AFRAID OF http://albertpeia.com/usfoodcrisis.htm , What 40 Years Of Gold
Confiscation By The US Government Looks Like ZeroHedge.com The chart below, which is a time series showing the total "Gold Held by the US Treasury
and the Federal Reserve" (which for all intents and purposes
are interchangeable), demonstrates vividly the moment when the US government
enacted Executive Order 6102, aka the "forbidding the Hoarding of Gold
Coin, Gold Bullion, and Gold Certificates within the continental United States"
order which criminalized the possession of monetary gold "by any
individual, partnership, association or corporation." But not the government of course. Spot the moment after which
gold confiscation by the US government (also known as a 40% USD devaluation)
from its citizens was legalized. , Guest Post: The Death Of Jobs The sit-back-and-relax 'buy and hold'
strategy that unqualified portfolio managers banked on for so many years has
perished in this highly leveraged, central-banking-dominated environment. There
is something, though, that is more troubling for the US economy, and
specifically middle-class laborers: Robotics. The reality is that this atypical Great Recession has forced business
owners to become savvy: businesses have learned how to operate--and even
thrive--in this dry economic environment, and the main tool that has allowed
them to do so is cost-cutting. Unfortunately
for the labor market, these cost-reduction techniques are sticking, and for
the time being business owners (particularly manufacturers) see no reason to
add more human employees when they can purchase robots at a cheaper rate. , Japanese Trade Implosion Sends
Futures To Lows Somewhat
disastrous trade balance data from Japan - with exports dramatically
worse-than-expected (EU exports
-25.1% YoY) and imports worse-than-expected (which will come as
no surprise to any ZH reader given Europe's depression and our discussion of world trade
here) - has crushed JPY crosses overnight (especially AUDJPY) which
is exactly what we said at the close today was required to extend today's
equity weakness. Sure enough, S&P 500 futures are down over 6 points from
the close now - and trading below day-session lows. , What Happened After Europe's
Last Three Currency "Unions" Collapsed It may come as a surprise to some of our
younger readers, that the Eurozone, and its associated currency, is merely the
latest in a long series of failed attempts to create a European currency union
and a common currency. Three of the most notable predecessors to the EUR
include the Hapsburg Empire, the Soviet Union, and Yugoslavia. Obviously, these
no longer exist. Just as obvious, all of these unions, having spent time,
energy, money, and effort to change the culture and traditions of member
countries and to perpetuate said unions, had no desire, just like Brussels
nowadays, to see these unions implode. The question then is: what happened
after these multi-nation currency unions fails. VOX kindly answers: "they all ended with disastrous hyperinflation." , Another Signal That The Rally
Is Unsustainable We have
discussed the broad divergences between high-yield credit and equity markets
(the former not enjoying the ebullience of the latter) and noted the dismal
volume and average trade size of the most recent surge to new highs. Barclays
points out one more concerning factor in the rally - the very unusual underperformance of lower quality, higher beta credit.
Typically, the B-rated-and-below credits will majorly outperform in any real
risk-on rally (just as they did in the first quarter of the year), however, in
the last 2-3 months of equity exuberance, this has not been the case at all -
as it seems the rally has been used to position in
higher quality names (and remain liquid). Just another glimpse of the matrix
under the surface. , Guest Post: The Spain – ECB Vaudeville Show If you still require proof that in the short
term, market action is driven by perceptions and sentiment rather than reality,
here it is. It is worth quoting again what Mrs. Merkel said in Ottawa in toto:“The
European Central Bank, although it is of course independent, is completely in
line with what we’ve said all along. And the results of the meeting of
the central bank and their decisions, actually shows that the European Central
Bank is counting on political action in the form of conditionality as the
precondition for a positive development of the Euro.”Does this
sound like 'unlimited bond buying without preconditions' to anyone? No?
Investors seemed to think that is what it meant. We see no painless way out for
Spain, regardless of what ultimately happens. Even if the ECB were to act
without conditionality or limits, it could not possibly alter the underlying
solvency problems - and this isn't going to happen anyway. So what are
markets currently pricing in? Everybody seems quite certain of a happy end at
the moment. The bet is that massive central bank intervention is heading our
way in the near future and will boost asset prices further. This is a mindset
that has very likely set up the markets for disappointment. , Niall "Hit The Road
Barack" Ferguson Responds To The "Liberal Blogosphere" Two days ago, historian Niall Fergsuon had
the temerity to voice a personal opinion, one which happens to not exactly
jive with the rest of the media's take on current events, on the cover
page of Newsweek (Newsweek is still in print?) titled, succinctly enough,
"Hit the road Barack: Why we
need a new president." The response was fast, furious, and
brutal, particularly emanating from what Ferguson has dubbed the "liberal
blogosphere." http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm
Gold Buyers Prosper in
Crisis-Hit Italy
Reuters | People
are trading their gold for worthless paper money.
Jacob Rothschild, John Paulson
And George Soros Are All Betting That Financial Disaster Is Coming
The Economic Collapse | Are you willing to bet
against three of the wealthiest men in the entire world?
Banks Can Legally Steal
Customer Funds From Private Checking Accounts
Susanne
Posel | Our warnings are right in front of us, if we
choose to see them.
Top Investor Warns of
“Financial Armageddon” as Soros Dumps Bank Stocks, Buys Gold
New American | Recent filings by billionaire
financier George Soros show he dumped virtually all his holdings in major
financial companies like JP Morgan, Goldman Sachs, and Citigroup.
One Of The Biggest Euro
Skeptics Thinks The ECB Is About To Uncork A Game-Changer
Business Insider | Ambrose Evans-Pritchard of The
Telegraph is usually one of the foremost purveyors of the Euro doom argument,
so it’s worth
sitting up and taking notice at his latest column…
Finland preparing for
‘full-blown currency crisis’ and collapse of Eurozone
Natural News |A Finnish official has come forward
with information about how his country, which is among the strongest in the
European Union (EU), plans to deal with a potential break-up of the euro.
8-20-12 Dave’s Daily: http://www.etfdigest.com
SUMMER IS BOILING WHILE TRADING
IS COLD 8-20-12 ‘Apple
(AAPL) seems the only stock investors care about as it rallies to become the world’s most
valuable company. Microsoft (MSFT) had that honor in the dotcom heyday in 1999
as everybody needed a PC then. The chart below compares the two monsters
performance as each soared over different time periods—hat tip Zero Hedge http://albertpeia.com/chartapplmsft.jpg And, yes I know it’s different
this time and many believe Apple is a much superior company now than Microsoft
was back then. The weighting of the stock to many ETFs, particularly in
technology, is nearly 20% which can give a false impression of how markets are
truly behaving. (This is why it’s useful to compare the QQQs with equal weighted QQEW
to get some perspective.) The PE of the stock is reasonable clearly but the
twists and turns of technology never are. The next “I got to
have it” gizmo from the company is the iPhone 5 which
promises to be a little bigger and faster. When you upgrade to a new phone it’s matched
by a new phone plan which is never cheap. Further there are some rumblings from
China that some wireless operators there won’t service the phone. The company is also in the
process of developing and releasing a mini-iPad the need for which is vague to
an old fogy like me. Anyway the stock shows few signs of being sold and
dominates most institutional and retail portfolios. Rumors of stock splits and
the company being added to the DJIA continue to be supportive as well.
Meanwhile back to the duller and pedestrian stock markets has offered little
action. Most likely investors are waiting first for FOMC Minutes on Wednesday
to find some nugget that might support QE3. If few are found or spun then it’s on to
Jackson Hole for Bernanke and Draghi to act or not. Away from Apple there has
been some news from Caterpillar (CAT) which was a warning about weak economic
conditions but the stock rallied. In China house prices rose and food inflation
is on the move higher. Taken together this should restrict stimulus one would
think. Meanwhile in the eurozone there is plenty of controversy regarding more
lending. One rumor quickly shot down was the ECB would place a cap on bond
buying by only buying when certain interest rates rose above a target. Spain
has stated they want unlimited bond buying without conditions. While Merkel
herself has been more dovish such is not the case with politics within Germany.
The Bundestag has restated its objections to new bond buying as has the finance
minister.Moody’s has gotten into the swing of things by suggesting
that California municipal bond
bankruptcies are likely to expand. Popular muni bond ETFs like (MUB)
didn’t react
period such is the low level of confidence investors have in rating agencies.
Investors fear taxes more evidently.Goldman Sachs Chief Strategist
David Kostin has been pleading with
clients to sell their equities before the fiscal cliff arrives. Meanwhile
Goldman Sachs strategist Abby Joseph Cohen remains bullish. Who to believe?
They’ll tell you
with hindsight.Stocks overall chugged along at a snail’s pace with
early selling. But, this was met with some persistent late day buying. Volume
was ridiculously light even for a Monday in August or a half-day of trading
around the holidays. Breadth per the WSJ was modestly negative. (This is going
to be another really short post thanks to little action.) ETF Portfolio Quick Tip: Russell Investments
is going to shutter all its index-based ETFs on the heels of the closure of
similar issues from Focus Shares. I have written for several years about being
careful regarding repetitive ETFs, low assets under management and trading
volume. In our soon to be released Best U.S. Equity ETFs we only select an
issue or two in each category that can make a difference. Please look for it
upon release…’ , Hit the
road barrack, and don’t you come back no more no more, het the road barrack
and don’t you come back no more! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm , Guest Post: Shhhh… It’s Even Worse Than The Great
Depression
ZeroHedge.com Tyler Durden In just four short years, our “enlightened” policy-makers have slowed money velocity to
depths never seen in the Great Depression. Hard
to believe, but the guy who made a career out of Monday-morning quarterbacking
the Great Depression has already proven himself a bigger idiot than all of his
predecessors (and in less than half the time!!). During the Great Depression,
monetary base was expanded in response to slowing economic activity, in other
words it was reactive (here’s a graph) .
They waited until the forest was ablaze before breaking out the hoses, and
for that they’ve been rightly criticized. Our “proactive” Fed elected
to hose down a forest that wasn’t actually on fire, with gasoline,
and the results speak for themselves. With the IMF recently
lowering its 2012 US GDP growth forecast to 2%, while the monetary
base is expanding at about a 5% clip, know that velocity of money
is grinding lower every time you breathe.
, When Japan Goes Japanese:
Presenting The Terminal Keynesian Endgame In 14 Charts It is
hard to find fiscal situations that are worse than Japan's. The gross
government debt/GDP ratio, at more than 200%, is the worst among the major developed
economies. Yet yields on Japanese government bonds (JGBs) have not only been
among the lowest, they have also been stable, even during the recent
deterioration during the European debt crisis. This apparent contravention of the laws of economics… , Taxes Vs Debt: Where Does US
Funding Come From - Chart Of The Day , Here Is The Chart That
Explains Why Rates Are Rising In The US , Exuberance Exits As Spain's
IBEX Hits 200DMA In a normal
market, whatever that is, we would not feel the need to note every tick in the
Spanish equity market; but today's 2%
decline - its worst in 3 weeks - is the first down-day in 10 days. , Egypt Prepares To Use Aircraft
And Tanks In Sinai For First Time In 40 Years , On The Fed's Sudden Need For
"Risk Managers" And "Financial Engineers" , Goodbye Civilization: So
Simple A Greekman Can Do It
Around 1000 people per day are still losing their jobs in Greece with
the percentage of the population not working now uncomfortably larger than
those who are employed.. , Daily US Opening News And
Market Re-Cap: August 20 A weekend
article from Der Spiegel has been the centre of must attention this morning
amid a light economic calendar on both sides of the pond. The article reported
that the ECB would set limits to the yields of periphery country debt and
intervene should these limits be breached. This weighed on the German Bund from
the Eurex open and saw the Spanish curve trade lower by 25bps to 35b ps, as
well as buoying the EUR currency and riskier assets in early trade. Risk-on
moves in EUR and DAX futures were retraced as the ECB denied these reports, saying
that it was misleading to report on decisions not yet taken, though it will act
within its mandate. A German finance ministry spokesman also denied all
knowledge of the reports a short while before hand. Furthermore, the latest
monthly bulletin from the Bundesbank that once again reiterated the
disapproving German stance toward the ECB's controversial bond-buying programme
also dampened the mood.
Buy everything I say without limit. Leverage each
purchase to the maximum allowed under the law. The markets will only go up and
not down and 100,000 is the next stop for the S&P. It is to be Dow without
Jones, assets without liabilities and wealth without poverty. The Middle Class
has been evacuated and everyone is wealthy beyond belief. It is just there, of
course, that the truth lies in this merry old land, “beyond
belief.”
"I like fantasy---it wakes up the brain cells.”- Dr. Seuss
Finnish Euro Doubts Hide Business Plea to Commit to
Currency (Bloomberg)
04:39PM Urban
Outfitters Earnings: Heres Why Shares are Skyrocketing at Wall St. Cheat Sheet
04:15PM 10
Undervalued Dividend-Paying Stocks With Momentum at Minyanville 04:00PM STOCKS
GO NOWHERE: Here's What You Need To Know Business Insider
03:00PM [video]
Lou's Been Thinking About Vitamin Praise at TheStreet 02:33PM InPlay: Dow -2 flirts with positive territory, sets
new session high Briefing.com
02:12PM Bernanke
Needs To Shame Congress, Obama Into Doing More at Forbes 01:10PM Five-Week
Options Cycles Don't Bode Well For Stocks at Forbes 12:48PM
11:22AM Index,
ETF option volumes near midday optionMONSTER
11:19AM Index,
ETF option volumes near midday optionMONSTER
11:08AM U.S.
Need For Stimulus Diminishing at
Forbes 11:00AM InPlay:
Stock indices extend push off first hour lows -- Dow -20 has rebounded as much
as 25 points, S&P -3.6, Nasdaq Comp -10 Briefing.com 11:00AM [video]
An Indecisive U.S. Government Prevents Long-Term Solvency at TheStreet 10:57AM Best Buy
Quarterly Earnings Sneak Peek at
Wall St. Cheat Sheet 10:53AM [video]
China, U.S. Backed Into a Corner at
TheStreet 10:50AM Dell
Quarterly Earnings Sneak Peek at
Wall St. Cheat Sheet 10:28AM S&P
500 falls from Friday highs, levels to watch at theflyonthewall.com
10:26AM Patterson
Companies First Quarter Earnings Sneak Peek at Wall St. Cheat Sheet
10:23AM Hormel
Foods Third Quarter Earnings Sneak Peek at Wall St. Cheat Sheet
10:21AM H-P
Quarterly Earnings Sneak Peek at
Wall St. Cheat Sheet 10:20AM SPX
Heading to 1422 at Minyanville
10:12AM Salesforce.com
Second Quarter Earnings Sneak Peek at
Wall St. Cheat Sheet 10:09AM Big Lots
Second Quarter Earnings Sneak Peek at
Wall St. Cheat Sheet 10:03AM Autodesk
Second Quarter Earnings Sneak Peek at
Wall St. Cheat Sheet 10:00AM Stock
Market Update: 5 Charts Flashing Caution at Minyanville 09:48AM Why It's
Nearly Certain That Market Volatility Will Continue at Minyanville 09:21AM Pre-Market
Primer: Bundesbank Spars With ECB Over Bond Purchases at Minyanville 08:50AM Are
Stock Market BULLS Running Out of Steam? at Wall St. Cheat Sheet
08:26AM Lowes
Earnings: Margins SUFFER for Five Quarters Straight, Profit Drops at Wall St. Cheat Sheet
08:25AM Is the
ECB Really Ready to Put on the Spread Cap? at The Wall Street Journal
08:17AM Are
Stock Market BULLS Running Out of Steam? at Wall St. Cheat Sheet
08:10AM Is the
ECB Really Ready to Put on the Spread Cap? at The Wall Street Journal
08:06AM ES
Support and Resistance for August 20 at
Minyanville 07:55AM [video]
Trade 'em and Trail 'em To Stay With The Rally at TheStreet 07:40AM Are
Stock Market BULLS Running Out of Steam? at Wall St. Cheat Sheet
8-17-12 Dave’s Daily: http://www.etfdigest.com
SUMMER RALLY CONTINUES ON LITTLE
NEWS 8-17-12 Economic data from the U.S. featured better Consumer Sentiment
(73.6 vs 72.2 expected & prior 72.3). Within this data we must remember
stock prices carry a heavier weighting than with Consumer Confidence data which
has been weaker. Further within today’s report the future expectations index declined to
64.5 vs 65.6 previously. Leading Economic Indicators rose (.4% vs .2% expected
& prior -.3%). Algos don’t look much under the hood of data—they don’t have time—they’ve got to
get the trades off immediately…as in milliseconds. In China the government is anxious
about real estate and real estate developers as their loans sour. If you’ve traveled
much to China you’ll see plenty of ghost cities amid rampant
speculation. Nevertheless, and as noted yesterday, China is said to prepare
reducing bank reserve requirements. So as much as the government worries about
speculation they’re more worried about economic growth which is
stagnating. In Europe, Angela Merkel continues to
confound experts and hawks within her coalition. They say she’s the dove
among German politicians and may even want to offer concessions to Greece on
another bailout. This will certainly inflame her coalition partners in the
Bundestag. Stocks continued their slow light volume advance unfazed by much of
anything frankly. Apple’s (AAPL) earnings have a 5% impact on S&P 500
earnings which is outsized. The company itself has nearly a 20% weighting in
most tech sector indexes and ETFs making it the Atlas of the market. It was
announced today that Apple is starting production of a mini-iPad and why, I don’t know. The
iPhone 5 will be released soon enough and I really wonder how many people would
want the upgrade—maybe in China. Besides, the new larger size will
require cargo pants most likely. Meanwhile left on an ice-floe to die is
Facebook (FB) & (SOCL) where social media isn’t in the
game. The dollar (UUP) was slightly higher as was gold (GLD) which only adds to
the confusion. Commodities (DBC) were higher and so too were bonds (TLT). Oil
prices (USO) continue to rise which will dampen consumer sentiment soon enough.
There is some talk of releasing supplies from the SPR but that would be too
political. That hasn’t stopped politicians before. Given weekly DeMark
indicators, we took profits in many equity ETF positions Monday in Dave’s Special
Portfolio—our active
ETF portfolio for subscribers. This also included
fixed income and quite a few popular dividend ETFs. Our lazy portfolios are
fully invested currently and benefitting from the recent rally. ETF
Portfolio Quick Tip: In
a light volume market, add a hedge to your portfolio to protect perhaps using
an inverse issue correlated highly with your largest positions. For example you
might use SH to hedge your overall equity exposure. We incorporate this
strategy in our Lazy Hedged Growth Portfolio. Volume on
the melt-up continues to be light and breadth per the WSJ was positive. The
trouble with volume this light and now overbought means prices have a lot of
air under them…’ , Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite
some time now and is quite a pathetic scenario! } Legal
precedent means nothing. Rule of law means nothing. Free speech means
nothing. Their own treaties mean nothing. It’s unbelievable. Anyone in the west who honestly
thinks he’s still living in a free society is either a
fool or completely out of touch. If that seems too radical an idea, consider
that ECUADOR is now the only nation which stands to defend freedom and
human rights against an assault from the United States, the United
Kingdom, and their spineless allies. The west has just become a giant
banana republic. Have you hit your breaking point yet? If not now… when? { {
I’m
really constrained to interject my own direct experience with the FBI here;
and, I must say I do so lamentably. If you want no real results vis-à-vis
organized crime which now extends to the upper reaches, highest levels of the
corrupt u.s. government, go to the FBI. I discounted the new jersey FBI as just
typical corrupt, mob infested jersey which thinks in terms of discos/casinos.
But, truth be told, they never ask the ‘tough’ questions of the biggest criminals; ie., the biggest
wall street frauds, cia connected illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff,
alito, etc.; but, they did go after Martha Stewart in a very big way over a
$45,000 transaction. Wow! You can’t make this stuff up. I also don’t believe their
(understated) crime stats for even a second. I’m beginning to feel
foolish for having even put my full faith and trust in them, much less the ‘federal (judicial) system’ who share the ‘same employer’; and, despite my
antipathy for the mob, probably would have fared ‘more fairly’ with the mobsters
directly who seem to have at least some sense of the magnitude of the fraud
involved and the pervasive corruption of the system and government and maybe a
semblance of honor in this nation of protracted decline. It never would have
occurred to me back when for me, such a choice/decision was clear-cut and
simple. Such a course as mine I no longer could recommend inasmuch as there is
little difference between state/government sponsored crime/corruption and that
perpetrated by other criminal elements, from my direct experience with both,
infra: Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless.
Jersey ‘italian’ snooki? In mob infested
new jersey, who knows (one of the properties in my proceedings for which
surplus funds are unaccounted for was a 2 bedroom 1 and 1/2 bath condominium in
seaside heights, n.j.). But debauchery an american specialty? Another rare
instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct involvement in
the illegal drug trade). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city boy louis freeh, labeled by former Prosecutor Larry Klayman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
Jul 31, 2000 – Judicial Watch is a public-interest law firm
that fights corruption in government. To read Larry Klayman's
letter to Louis Freeh, ...
... security," said JW Chairman Larry Klayman.
"His behavior stands in stark contrast to Louis Freeh, a man so corrupt
he destroyed the office he led, ...
“Louis Freeh will finally
have to answer in court for what he did to our clients. ... answers,” stated
Judicial Watch Chairman and General Counsel Larry Klayman. ...
Klayman, Larry, Chairman, Judicial Watch ... My name is Larry
Klayman. ... interest group that investigates and prosecutes government corruption
and abuse. ...... They seized his computer – these are FBI agents at the
direction of Louis Freeh, ...
May 3, 2001 – Because of his corrupt behavior, Freeh
was placed on Judicial Watch's ... stated Judicial Watch Chairman and General
Counsel Larry Klayman. ...
May 27, 2000 – By Larry Klayman ... While Judicial
Watch has asked FBI Director Louis Freeh to .... lawsuits against a corrupt
and unrepentant Clinton-Gore ...
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
I believe him!
I truly empathize with the ATF in terms of government cover-ups, notably by even the DOJ. You’ll recognize some familiar names (ie., Alito, Trump, Freeh (Louis Freeh now has dual citizenship with Italy), and some familiar crimes (ie., drug money laundering, etc. – real cash cow for gov’t ops, bribes, etc.). [Did you know this about the following ATF Agents who were probably viewed as loose ends: Steve Willis, Robert Williams, Todd McKeahan & Conway LeBleu: Died February 28, 1993 by gunfire at Waco. All four were examined by a pathologist and died from identical wounds to the left temple. All four had been body guards for Bill Clinton, three while campaigning for President and when he was Governor of Arkansas.They also were the ONLY 4 BATF agents killed at Waco. ]
Here’s some real, complicit cover-up / fraud on the part
of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez, Assistant Director In
Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within
DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a corrupting
influence on the process, and which corruption is pervasive). A grievance
complaint against Coan was also filed concurrently with the subject action and
held in abeyance pending resolution of the action which was illegally dismissed
without any supporting law and in contravention of the Order of The Honorable
Robert N. Chatigny, Chief Judge, USDC, District Connecticut. The files below
the horizontal rule are the referenced documents as filed. (Owing to the damage
to the financial interests of both the U.S. and the District of Congresswoman
Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal False
Claims Act probably would apply and I would absent resolution seek to refer the
within to a firm with expertise in that area of the law with which I am not
familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case RICO Summary to FBI Under
Penalty of Perjury at Their Request (5 pages)
[ ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the
Congresswoman by way of email attachment (apparent but typical problem with my
mail) along with my response thereto is included on the 3 disks
as fbicorrespondencereyes.htm
. With regard to the calls to the FBI’s LA and New Haven, CT
offices: There was one call to the LA office and I was referred to the Long
Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I
gave probative evidentiary documents of the money laundering which he confirmed
as indicative of same (he was transferred from said office within approximately
a month of said meeting and his location was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in touch
for in excess of a decade until he abruptly retired (our last conversation
prior to his retirement related to the case and parenthetically, Rudy Giuliani
whose father I stated had been an enforcer for the mob to which he registered
disbelief and requested I prove it, which I did – he served 12 years in
prison, aggravated assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction to the statement in
said correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
· A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which could be used for payment to creditors, Los Angeles, etc..
· Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
· The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever by the court’s deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
·
Defendant Coan had filed an action against me to
prevent me from suing him which necessitated me to fly to Connecticut for a
hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District of
Connecticut, who denied Coan’s requested relief as to Coan but precluded my
action against Shiff (although there is no immunity, judicial or otherwise, for
criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) .
[ transcript in pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf
]
· Newly appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.
·
Probative and evidentiary documents, affidavits,
exhibits, including those turned over to FBI Agent Jeff Hayes in Long Beach,
CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met
personally at the U.S. Attorney’s Office in Newark, N.J., at which time Samuel
Alito was U.S. Attorney, and went over said documents and their probative value
with him. Within approximately a month thereafter upon inquiry I was told that
Jonathon Lacey was no longer with the office, that the file/documents could not
be located, and that there was no further information available concerning
contacting him or his location. I thereupon delivered by hand, copies of said
documents to the office of then U.S. Attorney Alito, addressed to him, with
assurance they would go directly to him. In addition to being inept [ I looked
in on the one mob case he had brought, bungled, lost (accidently on purpose?)
since I was suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt Alito brought in all
20 mob defendants (rather than prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom along with their moans during
testimony and had the jury in stitches. As much as I hate the mob, it truly was
funny, if not so tragic.], Alito is also corrupt (and maybe corrupt
because he is inept). After a reasonable (but still rather short) time I called
to determine the status and was told that Alito was no longer with the Office
of the U.S. Attorney, that he was (appointed) a federal judge, and that neither
the documents nor any file or record of same could be located. Alito did parley
the same / cover-up into quid pro quo direct lifetime appointment to the Court
of Appeals, 3rd circuit, despite the absence of judicial experience
or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is
the same Sam Alito that now sits on the purported highest court in the land.
The real application of the illegal rule ‘don’t ask, don’t tell’.
There is
applicable insurance / surety coverage and neither LA, nor creditors, nor I
should continue to have been damaged by this brazened corrupt and illegal
scenario, which should be resolved in accordance with the meaningful rules of
law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but
there are unresolved problems with the line, computer connection may be the
reason but I hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr. Peia:
Thank you for being in touch. As we
continue the busy first session of the 112th Congress, I want you to
know that I am grateful for the various times you have shared your thoughts and
concerns with me on different issues. Please be assured that your voice
is being heard and that your perspective helps me to better represent you in
Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription
for ‘economic doldrums’, euphemistically speaking (there are
articles/studies/data that dispute the purported effectiveness of the widely
hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian
way’ is certainly no longer a prudent approach today in light of the
insurmountable debt levels of nations worldwide and in america particularly
along with the concomitant over-printed, debased ‘paper currencies’ to finance
same. Quite simply, there simply is not enough real value being created for
redistribution, a situation exacerbated by the parasitic lightening fast,
computerized churn and earn high frequency trading programs on fraudulent wall
street (they should be prosecuted, jailed, fined, and disgorgement imposed for
extant frauds in the trillions now marked to anything as per misguided
legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke …The
government’s total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ]
.This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with other
comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal drug trade. In fact,
many researchers reveal that the war on drugs is only utilized to control and
monopolize the illicit drug trade. The US government has been caught
multiple times shipping in cocaine
[ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding with certain cartels
[ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and transports opium from Afghanistan
[ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out
that in 2001, “according to UN figures, opium production had fallen to 185
tons. Immediately following the October 2001 US led invasion, production
increased dramatically, regaining its historical levels.” This month,
the U.N. announced
that Afghanistan now provides 93% of the
world’s opium production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a whopping 5800 tons. Although the
empire tries to keep it secret, they can’t hide the hypocrisy forever. [
website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF
Louis | The hypocrisy of the war on drugs is centers on the
amount of drug trafficking that benefits the CIA and international banking
system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily enforced
laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
http://gainspainscapital.com { I’m constrained to add here what I believe
Graham Summers has not incorporated into his calculations; viz., that merkel
very well might not even want to be re-elected. That certainly seems to be the
case despite presumptions to the contrary. After all, there will ultimately be
no winners in this pathetic ponzi charade and ever growing debacle in the
making that she has seemed willing at every crucial juncture to countenance
despite it being antithetical if not diametrically opposed to german interests.
}
Typical
of Comments: valwayne, Today After
3 1/2 years of Obama we have the worst UNEMPLOYMENT since the Great Depression,
the most DEBT in the history of the world, the highest levels of POVERTY since
since 1965, Solyndra, Fast & Furious, the most people on foodstamps in
history, and its getting worse folks. In state after state after state. No
Presidency has ever inflicted as much damage on our nation, nor had his
Presidency fail so terribly.
Guest Post: Assange Or
Corzine? The issue at hand is the sense that we
have entered a phase of exponential criminality and corruption. A
slavering crook like Corzine who stole $200 million of clients’ funds can walk
free. Meanwhile, a man who exposed evidence of serious war crimes is for that
act so keenly wanted by US authorities that Britain has threatened to throw hundreds of years of
diplomatic protocol and treaties into the trash and raid the
embassy of another sovereign state to deliver him to a power that seems intent
not only to criminalize him, but perhaps even to summarily
execute him. The Obama administration, of course, has made a habit of summary
extrajudicial executions of those that it suspects of terrorism, and
the detention and prosecution of whistleblowers. And the ooze of large-scale
financial corruption, rate-rigging, theft and fraud goes on unpunished.
Conflict Brewing Between UK
And Ecuador As Latin American Country Agrees To Grant Asylum To Assange Are we about to see a mini-war on UK soil,
if and when Britain decides to storm the Ecuadorian embassy, which moments ago
announced it has granted asylum to Julian Assange? From Reuters:
"Ecuador granted political asylum to Julian Assange on Thursday,
ratcheting up tension in a standoff with Britain which has warned it could
revoke the diplomatic status of Quito's embassy in London to allow the
extradition of the WikiLeaks founder. The high-profile Australian former hacker
has been holed up inside the red-brick embassy in central London for eight
weeks since he lost a legal battle to avoid extradition to Sweden, where he is
wanted for questioning over rape allegations. Ecuadorean Foreign Minister
Ricardo Patino said he feared for the safety and rights of Assange which is why
he said his country had decided to grant him asylum. "Ecuador has decided
to grant political asylum to Julian Assange," Patino told a news
conference in Quito. Ecuador's decision takes what has become an international
soap opera to new heights since Assange first angered the United States and its
allies by publishing secret U.S. diplomatic cables on his WikiLeaks
website." The UK, needless to say, is not happy, and the UK foreign
ministry has said it will carry out binding obligation to extradite Assange to Sweden. Looks
like posturing is about to hit a crescendo and someone will have to do
something. Because foreign politics and diplomacy is (luckily) not central
planning.
Buchanan: 'Obama has steadily diminished both himself
and the office he holds'...
{ Indeed he has; and, that’s putting it mildly! } ‘…In an ad produced by the super PAC
Priorities USA, Mitt Romney is charged with moral, if not material, complicity
in the cancer death of the wife of a Missouri steelworker. Speaking straight
into the camera, Joe Soptic, 62, charges Romney with coldly shutting down the
plant where he worked and cutting off his health insurance. This, says Soptic,
left his wife without insurance to pay for her care, until, falling ill, she
went to a doctor, who discovered stage 4 cancer, which killed her in 22
days.Soptic implies a causal connection between Romney’s decision to shut the
plant and his wife’s death. The ad is a premeditated attempt to murder the
reputation of Mitt Romney. And from start to finish, it is a deception. The
truth. Mitt Romney gave up leadership of Bain Capital in 1999. The steel plant
was closed in 2001. Soptic lost his health insurance, but his wife was still
working and had hers. She lost her job and insurance in 2003. Her illness and
cancer were discovered in 2006, when Romney was ending his fourth year as
governor of Massachusetts…’ { It’s
really quite amazing: everything but the facts/truth from wobama et als.
Actually, wobama has a real tax evader in his ranks; viz., tiny tim geithner
who asserted the statute of limitations to get out of paying taxes that were
rightfully due. Should President Romney as a rational business man whose record
at Bain was conceded by Bill Clinton to have been sterling have instructed his
accountants to forget all they know about accounting/taxation and do a bad job
(now doing a bad job is something that failed president wobama can identify
with and knows something about). Then there’s dirty harry: Drudgereport: HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but
'still very depressed'...
Ethics investigation continues...
BIASED MEDIA BASH: 86% of Romney coverage NEGATIVE...
{ Friday Humor: (obama last
campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The
End Of My First Term In Office" ZeroHedge.com Wow! The only explanation
might be they’ve been duped by wobama along with the rest of the nation and are
too embarrassed for not doing their reasonably expected due diligence on
grifter obama and just won’t own up to the reality of the fraud called wobama!
Wobama the b for b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere
one looks…The government’s total indebtedness is $211 trillion’ … ) 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…’] } Boehner: Obama has 'never even had a real job, for
God's sake'...
O BRINGS BACK TELEPROMPTER...
REPORT: Warnings ignored in Solyndra loan...
{ In the final analysis, I truly believe americans will prove they are not that
dumb; that they are not going to be shamed by being fooled twice (fool me once,
shame on you; fool me twice, shame on me); that they will let politicians
everywhere know that results count! Keeping campaign promises counts! Hope and
change…can you believe that wobama et als are actually saying that again? The
audacity…eh, what the heck…he’s just a typical jive-talking black…cut him some
slack…pathetic…The only reality for hope and change is hope that wobama
changes. That’s not likely! He’s gotten by on b***s*** his entire life and is a
desperate and total fraud! I believe this will be a reality-based high-margin
blowout victory for President Romney! }
Prisonplanet.com
| The Thomas More Law Center has announced that it has filed a federal
lawsuit against Homeland Security Secretary Janet Napolitano.
Shocking Federal Lawsuit
Against DHS Napolitano: Big Sis Favored Her Gal Pals, Treated Male Staffers “Like Lapdogs,” Her Female Staff Tormented
Male Employees with “Sexually Charged Games” { Whoa! Lapdog to Napolitano! Whew! Ew!
Wow! Yuck! After all, jano almost makes mo reno look like a beauty queen! I’m starting
to get dry heaves! …In the suit Hayes also accused Napolitano’s chief of
staff at ICE, Suzanne Barr, of repeated 'sexually offensive behaviour' intended
to 'humiliate and intimidate male employees'.On one occasion, Barr called a
colleague in his hotel room and screamed using sexually explicit language,
telling him she 'wanted his c*** in the back of [her] throat' (of course, this
impressionable lesbian must have seen ‘deep throat’; maybe she really thinks there’s a
possibility she has a clitoris in the deep recesses of her throat…or not…just
kidding). Might this be behind (pun) the sadistic groping of TSA. Pretty sordid
stuff, indeed! } Hayes claims he 'felt that he was being
targeted because of his gender' and witnessed Barr repeatedly picking on men.
She 'created a frat-house type atmosphere that is targeted to humiliate and
intimidate male employees', according to court papers. In 2009 she 'removed the
entire contents of the offices of three male employees, including nameplates,
computers and telephones, to the men’s bathroom at ICE headquarters'. Read more: http://www.dailymail.co.uk/news/article-2186507/Janet-Napolitano-favoured-woman-long-relationship-job.html#ixzz23ERN7rMx }
http://albertpeia.com/nationalconsequencesofenslavementtobankers.htm { I really have to tell you, I’d rather be
enslaved by bankers than … Jano, see supra … Just kidding! Neither, is my real
answer! }
Submitted
by Tyler Durden on 08/15/2012
The Mississippi River Is
Drying Up http://albertpeia.com/mississippidryingup.htm
8-14-12 Dave’s Daily: http://www.etfdigest.com ‘DATA MANIPULATION UNDER COVER Retail Sales data was
released Tuesday and on the surface the headline data was a pleasant surprise.
Expectations were for a rise of .3% but the number came in at .8%. One very
sour note was June data was revised to -.7% from -.5% which was a bummer. But
the real story was in a new calculation method by the census bureau (ably
assisted by the Bank of Spain…I kid you not) changed their methodology for seasonal
adjustments as noted HERE & HERE. Without this adjustment the data would
have showed a -.9% decline. This follows along with all the adjustments made in
the CPI (released tomorrow) since 1980 that made inflation data always look
better ultimately and Employment data with birth/death adjustments.Other data
released today included the PPI (.3% vs .2% expected & prior .1%) and
Business Inventories which fell (.1% vs .2% expected & prior .3%)In the
eurozone German Economic Minister Phillip Roesler stated Greece would not get a
third aid package if it did not implement reforms, stating: “We don’t’ want the
Greek government to be insolvent but we could deal with the consequences if
necessary.”While German economic data was weak, it wasn’t as weak
as feared Tuesday causing a rally in the DAX. Nevertheless the 17 nation EMU
economy overall is moving into recession
with -.2% GDP. But expectations are high the ECB and other central banks would
be injecting more liquidity and bailouts sending most shares higher. Speaking
of central banks, the Bank of Japan released minutes indicating they would be
will to do more QE and the PBOC is now actively in the process of doing reverse
repos providing short term lending to banks.Earnings saw good results from Home
Depot (HD) but more disasters in social media stocks (SOCL) where (ZNGA), (FB)
and now (GRPN) have lost nearly $58 billion since their share issuance. This is
reminiscent of the dotcom days.The dollar (UUP) was flat and gold (GLD) was
weaker. Crude oil (USO) recovered from Monday’s late selling given ongoing troubles in Norway, Iran
sanctions and Middle East tensions. Commodity markets (DBC) overall were mildly
higher with energy but weakness in agricultural markets. Bond markets (IEF)
were weaker in advance of another round of auctions Wednesday.U.S. stocks
drifted about aimlessly and are no doubt waiting for more important data as
this week unfolds. Further bulls look for a QE3 outcome from the Jackson Hole
rendezvous near the end of the month.Volume was once again very light and
breadth per the WSJ was mildly negative…’ , You Will Not Believe What Some
People Are Willing To Do For A Paycheck These Days http://albertpeia.com/desperateforapaycheck.htm , Dan Loeb Purges Portfolio,
Cuts Over Two Thirds Of Equity Holdings, Adds 25 New Positions ZeroHedge.com , S&P 500 Futures 'Plunge'
1.25 Points - Most In 10 Days!
, Bill Gross On Where "Bad
Bonds Go To Die": Joins Paul Singer In Hatred Of Treasurys A week ago we brought you Elliott
Management's summary opinion on US paper: "We Make This Recommendation To
Our Friends: If You Own US Debt Sell It Now." Today, Bill Gross
doubles down. Gross: The #Fed is where bad bonds go
to die. Today it was 10-years. Tomorrow 30-years. Stay short my friends. , Is Investment Grade Issuance
Driving Treasury Weakness (Again)?
, NY State Regulators Settle
With Standard Chartered At 0.14% Transaction Fee *NEW YORK SETTLES PROBE OF STANDARD
CHARTERED FOR $340 MLN .. the $250
billion of 'laundering' transactions - sanctions/terrorism/drugs-related or not
- are settled for a 0.14% transaction fee (that'll teach 'em!). In other
words, Std Chartered's IRR for committing years of crime is 714%. Finally
this is a whopping 1.9% of the bank's entire 2011 revenues,
or in other words they had to hand over 7 days of revenue (assuming
a 365 day work week). Of course there are other fines/penalties to come but it
looks like someone got a little over-excited at the regulators or as we note,
STANCHART had some bottom-drawer details no one wanted outed. And now,
employees of US "regulators," "enforcers" and various other
"crime fighting" organizations can look forward to submitting their
resumes to the British banks all over again.
, What Happened The Last Two
Times VIX Closed Below 15%?
VIX has only rarely traded below 15% during 'new normal' times. The
period from 2004 to early 2007, the so-called 'Great Moderation', saw VIX
average 13.6% - at the time stunningly low (and notably where VIX closed
yesterday). While looking at VIX alone can be misleading (with regard
to the term structure differences and realized vol premia), it is nevertheless
a gauge of market's expectations of return volatility in the short-term -
however contemporaneous that is. Following the two times that VIX
first closed below 15%, the S&P 500 has suffered from a 5.25% and 7.75%
plunge in the following two months - and each time saw a quick
post-VIX-plunge pop in stocks that provided better entry levels for shorts. High Yield
credit also stumbled hard widening 80 and 150bps respectively. , Guest Post: Heightened
Expectations And The Collapse Of Credibility , Mark Grant And Rick Santelli
On Europe: "It's A Ponzi Scheme To Be Honest With You" , Mystery Of July Retail Sales
"Beat" Solved: It Is All In The "Seasonal Adjustment" The July retail sales beat came as a
surprise to many: an 0.8% increase (full series here)
at a time when the data was supposed to grow at less than half this would
surely be indicative of a potential turnaround in the US economy. Then we
decided to do a quick spot check if maybe the Census Bureau had not adopted one
of the BLS' worst habits: fudging seasonal adjustment factors. The reason for
this is because we happened to notice that Not Seasonally Adjusted (full series here) retail
sales data in July actually declined by 0.9% from $405.8 to $402 billion.
Of course, if the Census Bureau was using a consistent, or at least remotely
comparable July seasonal adjustment factor as it has in the past, this would
make sense and we would move on. So we decided to look at what the July
seasonal adjustment variance over the past decade has been. What we found would
have shocked us if indeed this is not precisely what we expected: with the July
seasonal adjustment factor routinely subtracting a substantial amount from the
NSA number, averaging at -$5.2 billion, in 2012, for the first time this
decade, the seasonal adjustment not only did not subtract, but in fact added
"value" to the NSA number, resulting in a seasonally adjusted number
that was $1.9 billion higher than the NSA number at $403.9 billion. , The Financial Decline In
Europe Continues As
Industrial Production falls -0.6% in Europe and as the economy shrinks -0.2%
there is once again a good reason to pause to consider the ramifications for
this going forward. When you sit back and take a hard look at the last two
years you begin to learn a few things. If you just stick to the actual data and
forget the rhetoric that surrounds it the picture becomes clearer. Each and every
projection for Greece, Spain and Italy that has been forecast by the EU and the
IMF has been wrong; dead wrong. Europe is getting worse and not
better. Whether you turn your attention to Greece, Spain, Italy, Portugal or
even Ireland; it is getting worse. Nowhere on the Continent are things
improving and even in France and Germany the financial strains are beginning to
show. It is not a question of Euro-bear or Euro-bull; it is just the numbers as
they come rolling out month after month. It is the
banks, it is the sovereigns and grand visions must, in the end, give way to the
facts.
Factory owners: Federal
prisoners stealing our business
CNN | Unicor’s prisons
pay inmates as little as 23 cents an hour to make goods for the Pentagon and
other federal agencies.
You Will Not Believe What Some
People Are Willing To Do For A Paycheck These Days
The Economic
Collapse | It is absolutely amazing what some people will do
to make a living in this economy.
Ryan’s Fiscal Policy:
Austerity for the Plebs, Bombs and Bullets for the Warheads
Kurt Nimmo | And more
play dough for the sharksters on Wall Street.
thisismoney.co.uk
| Jamie Dimon, the boss of blue blooded US investment bank JP Morgan,
has launched a foul mouthed attack on ‘banker bashers’.
Alan Simpson Confirms Reality:
“All The Things You Love Will Not Come To Pass”
Zero Hedge | Alan
Simpson laid out the sad and terrible truth that none of us or our politicians
can handle in a very direct and sincere interview withBloomberg TV’s Deirdre
Bolton.
Treasury: U.S. to lose $25
billion on auto bailout
Detroit News | The
Treasury Department says in a new report the government expects to lose more
than $25 billion on the $85 billion auto bailout.
High School Dropout? Gov’t
Will Pay You 36% More Than Private Sector
CNS News | People
who drop out of high school and get a job with the federal government earn, on
average, 36 percent more in wages and benefits than their dropout counterparts
in the private sector.
8-13-12 Dave’s
Daily: http://www.etfdigest.com COMPLACENCY IN LATE AUGUST 8-13-12 { Complacency? More like insanity as
market reactions were the logical opposites to what the data would dictate,
infra. But, that’s been true for quite some time on fraudulent wall
street. } ‘Many investors follow the
VIX (CBOE Volatility Indicator) which measures put buying on the S&P 100
Index. Readings become elevated when the VIX rises above 20. When it rises
greater than 30, generally “fear” would be dominant. When the indicator is
below 20 “complacency” is present as put buying (betting equity prices would
decline) falls. The VIX has been steadily falling the past month and has
reached lows not seen since March (13.66) just before the previous correction
took place. The record VIX low in contemporary views was in late December 2006
(8.6) and we know what happened the following February as investors started to
confront financial issues with a major bear market in next pushing the reading
above 20. Currently the VIX fell below 14 which is
close enough to where we were in March. Also, as you’ll note from within the
chart below we’re now at a weekly Demark sequential 9 count which is often a
precursor to “trend exhaustion”. It’s not a perfect indicator, and few are, but
given its nearness to March lows plus a light volume rally we should be
impressed by it. It was enough to cause us to lighten up equity exposure at the
opening of trading on Monday. Sometimes a reading like this will fail to
produce a reaction and the indicated market may just move sideways or ignore it
entirely. (Sideways was what occurred January 2012 with previous 9.) If the
market ignores it may only be because volume is so light pricing insurance via
puts is more difficult. One thing the VIX isn’t from my experience is a
shorting indicator from this reading meaning a time to step aside. Also fading
ZIRP and QE hasn’t been a winning strategy of late. If so, and markets just
continue higher, we’ll just have to get back in the markets as before. That
said, for subscribers to the ETF Digest we noted on
Friday that of the 600 ETFs and indexes we monitor, over 200 had weekly 9
readings. That’s impressive.I put this out there for your interest knowing
perhaps it will lead to little in this odd environment we’re in.The VIX fell
even more on Monday as late day dip buyers stepped quickly into markets in the
afternoon. It may take a week or two to know if this DeMark view is effective
or not. Further there are other tools available to assess the
situation.Meanwhile in the eurozone a lawsuit was filed in Germany challenging
the legality of the ESM (European Stability Mechanism) which may cause a delay.
A rather bizarre article from Bloomberg discussed
confusingly the situation with Germany specifically. Also key members of the
German government are hinting at no further assistance for Greece which
shouldn’t surprise. Perhaps we’ve dragged the Greek drama out long enough that
a failure would be nonevent.Stocks were lower from the opening and the DJIA was
down nearly 100 points only to rally once again on dip buying in the afternoon.
Homebuilder stocks (XHB & ITB) were much higher despite new home sales being 50% below average.
The dollar (UUP) was weaker as the euro rose oddly given the lawsuit; gold
(GLD) was lower; bonds (IEF) were slightly weaker; and, commodities overall
were weaker (DBC) particularly as grains (JJG) sold-off. Volume remains
incredibly light even by mid-August standards but more economic data should
change that starting Tuesday. Breadth per the WSJ was mildly negative…’ , Are The Government And The Big
Banks Quietly Preparing For An Imminent Financial Collapse? http://albertpeia.com/imminentfinancialcollapse.htm , Deep Fried Black Swan Lands As
China Admits It Has A Food Inflation Problem, Releases Corn, Rice From Reserves ZeroHedge.com , Volume Crashes As S&P 500
Breaks Winning Streak Even And VIX Plunges To Five Year Lows The cash S&P 500 closed very modestly in
the red - but tried its best into the end of the day-session to get green to
make it seven-in-a-row. After-hours, amid heavier block size, S&P 500
e-mini futures (ES) pushed up to the overnight highs and tried to hold green
but failed. NYSE volume plunged - almost unbelievably to be frank - to its
lowest non-holiday-trading day volume in over a decade. Intraday
ranges remain tiny and average trade size unremarkable as ES is still suffering
from the post-Knight slashing in volume (down 45%!!). Are we
witnessing Gross' death of equities?
, Group Selling In Groupon After
Hours , Thai Senator
"Accidentally" Kills Secretary With Submachine Gun, Has Arrest
Immunity, Faces $636 Fine
, Charting The Lost Generation
Of Investors There is a
segment of the Baby Boomers that will never return to investing in equities
because the last 12 years has produced a lack of returns with relentless volatility
and scary headline news. BofAML's Mary Ann Bartels notes that equity holdings
as a percentage of financial assets peaked in 2000 and have been declining ever
since. This same behavior occurred last time the market
traded sideways from 1966-1984 (16 years) and we clearly face the risk of more
years of sideways trading to come as cumulative bond and equity flows
show no sign of letting up at all.
, Guest Post: How Badly Does
Wall Street Want A Romney Presidency? Does Wall Street really want a Romney Presidency? Or could
Wall Street not care less, because they know that both sides will gladly do
their bidding? After all it’s not like Obama has tried to jail corrupt bankers
— Corzine, who after raiding
segregated accounts is surely up there with the most corrupt guys on Wall
Street — has been bundling for Obama as recently as April. Ignore
the chickenshit donations. If markets fall significantly between now and
November — 1300, 1200, 1100, 1000 — the powers that be on Wall Street want a
Romney presidency. After all, it’s not only possible but extremely easy to
deliberately crash the market. No S&P crash? They’re happy to
stick with Obama. , Spiegel: Investors Prepare For
Euro Collapse , Bronze Is The New Gold And Why
Swallowing Aliens Never Ends Well
, Bayou's Ponzi, Vodka And
Cocaine, Murder, And Frontrunning The Fed's "Secret" Bond Market , Bernanke's Dilemma: How US
Corporations Became Addicted To Endless QE , Oil hits 3-month high
above $114 on supply concern (Reuters) , How to Spot – and Defeat –
Disruption on the Internet Posted by : George Washington Post date: 08/13/2012
- 15:43 The 15 Rules of Web Disruption
David Martin’s Thirteen Rules for Truth Suppression, H.
Michael Sweeney’s 25 Rules of Disinformation (and now Brandon
Smith’s Disinformation: How It Works) are classic
lessons on how to spot disruption and disinformation tactics.
We’ve seen a number of tactics come and go
over the years. Here are the ones we see a lot of currently.
#1. Start a partisan divide-and-conquer fight or otherwise
push emotional buttons to sew discord and ensure that cooperation is
thwarted. Get people fighting against each other instead of the corrupt powers-that-be. Use baseless caricatures to rile
everyone up. For example, start a religious war whenever possible
using stereotypes like “all Jews are selfish”, “all Christians are crazy” or “all Muslims
are terrorists”. Accuse the author of being a gay,
pro-abortion limp-wristed wimp or being a fundamentalist pro-war hick
when the discussion has nothing to do with abortion, sexuality, religion, war
or region. Appeal to people’s basest prejudices and biases. And – as Sweeney
explains – push the author into a defensive posture:
Sidetrack opponents with name calling and ridicule … Associate
opponents with unpopular titles such as “kooks”, “right-wing”, “liberal”, “left-wing”, “terrorists”, “conspiracy buffs”, “radicals”, “militia”, “racists”, “religious fanatics”, “sexual deviates”, and so forth. This makes others shrink from support
out of fear of gaining the same label, and you avoid dealing with issues.
#2. Pretend it’s hopeless because we’ll be squashed if we try. For example, every
time a whistleblower leaks information, say “he’s going to be bumped off”.
If people talk about protesting, organizing, boycotting, shareholder activism,
spreading the real facts, moving our money or taking other constructive action,
write things to scare and discourage people, say something like “we don’t have any
chance because they have drones and they’ll just kill us if we try”, or “Americans
are too stupid, lazy and greedy, so they’ll never help out.” Encourage people to be apathetic instead of
trying to change things.
#3. Demand complete, fool-proof and guaranteed
solutions to the problems being discussed. For example, if a
reporter breaks the story that the big banks conspired to rig a market, ask “given that
people are selfish and that no regulation can close all possible loopholes … how are
you going to change human nature?”, and pretend that it’s not worth talking about the details of the market
manipulation. This discourages people from reporting on and publicizing
the corruption, fraud and other real problems. And it ensures that not
enough people will spread the facts so that the majority know what’s really
going on.
#4. Suggest extreme, over-the-top, counter-productive
solutions which will hurt more than help, or which are wholly disproportionate
to what is being discussed. For example, if the discussion is
whether or not to break up the big banks or to go back on the gold standard,
say that everyone over 30 should be killed because they are sell-outs and
irredeemable, or that all of the banks should be bombed. This discredits the
attempt to spread the facts and to organize, and is simply the web method of
the provocateur.
#5. Pretend that alternative media – such as
blogs written by the top experts in their fields, without any middleman – are untrustworthy
or are motivated solely by money (for example, use the derogatory term “blogspam” for any
blog posting, pretending that there is no original or insightful reporting, but
that the person is simply doing it for ad revenue).
#6. Coordinate with a couple of others to “shout down” reasonable
comments. This is especially effective when the posters launch an
avalanche of comments in quick succession … the original, reasonable comment gets lost or
attacked so much that it is largely lost.
#7. Use an army of sock puppets. You can either hire low-wage
workers in India or other developing countries to “astroturf” or – if you work for the government – you can
use software which allows you to quickly create and alternate between numerous false identities,
each with their own internet address.
#8. Censor social media, so that the hardest-hitting information
is buried.
If you can’t censor it, set up “free speech zones”
to push dissent into dank, dark corners where no one will see it.
#9. When the powers-that-be cut corners and
take criminally reckless gambles with our lives and our livelihoods,
protect them by pretending that the inevitable result - nuclear accidents, financial
crises, terrorist attacks or other disasters – were “unforeseeable” and that “no could
have known”.
#10. Protect the rich and powerful by labeling any allegations of
criminal activity as being a “conspiracy theory”.
For example, when Goldman gets caught rigging markets, label the accusations as
mere conspiracies.
The following 4 tactics from Sweeney are also still
commonly used …
#11. Become incredulous and indignant. Avoid
discussing key issues and instead focus on side issues which can be used show
the topic as being critical of some otherwise sacrosanct group or theme. This
is also known as the “How dare you!” gambit.
#12. Use a straw man. Find or create a seeming
element of your opponent’s argument which you can easily knock down to make
yourself look good and the opponent to look bad. Either make up an issue you
may safely imply exists based on your interpretation of the opponent/opponent
arguments/situation, or select the weakest aspect of the weakest charges.
Amplify their significance and destroy them in a way which appears to debunk
all the charges, real and fabricated alike, while actually avoiding discussion
of the real issues.
#13. Hit and Run. In any public forum, make a brief
attack of your opponent or the opponent position and then scamper off before an
answer can be fielded, or simply ignore any answer. This works extremely well
in Internet and letters-to-the-editor environments where a steady stream of new
identities can be called upon without having to explain criticism reasoning — simply
make an accusation or other attack, never discussing issues, and never
answering any subsequent response, for that would dignify the opponent’s
viewpoint.
#14. Question motives. Twist or amplify any fact
which could so taken to imply that the opponent operates out of a hidden
personal agenda or other bias. This avoids discussing issues and forces the
accuser on the defensive.
#15. Associate opponent charges with old news. A
derivative of the straw man usually, in any large-scale matter of high
visibility, someone will make charges early on which can be or were already
easily dealt with. Where it can be foreseen, have your own side raise a straw
man issue and have it dealt with early on as part of the initial contingency
plans. Subsequent charges, regardless of validity or new ground uncovered, can
usually them be associated with the original charge and dismissed as simply
being a rehash without need to address current issues — so much
the better where the opponent is or was involved with the original source.
Postscript: Over a number of years, we’ve found
that the most effective way to fight disruption and disinformation is to link
to a post such as this one which rounds up disruption techniques, and then to
cite the disinfo technique you think is being used.
Specifically, we’ve found the following format to be highly effective
in educating people in a non-confrontational manner about what the disrupting
person is doing:
Good Number
1!
Or:
Thanks for that textbook example of Number
7!
(Include the link, so people can see what you're
referring to.)
The reason this is effective is that other readers
will learn about the specific disruption tactic being used … in
context, like seeing wildlife while holding a wildlife guide, so that one
learns what it looks like “in the field”. At the same time, you come across as
humorous and light-hearted instead of heavy-handed or overly-intense.
Try it … It works.’
8-10-12 Eric Sprott: The Solution…Is The Problem, Part II ZeroHedge.com When we wrote Part I
of this paper in June 2009, the total U.S. public debt was just north of $10
trillion. Since then, that figure has increased by more than 50% to almost $16
trillion, thanks largely to unprecedented levels of government intervention.
Once the exclusive domain of central bankers and policy makers, acronyms such
as QE, LTRO, SMP, TWIST, TARP, TALF have found their way into the mainstream.
With the aim of providing stimulus to the economy, central planners of all
stripes have both increased spending and reduced taxes in most rich countries.
But do these fiscal and monetary measures really increase economic activity or
do they have other perverse effects?... The politically favoured option
of financial repression and negative real interest rates has important
implications. Negative real interest rates are basically a thinly disguised tax
on savers and a subsidy to profligate borrowers. By definition, taxes distort
incentives and, as discussed earlier, discourage savings.... The current
misconception that our economic salvation lies with more stimulus is both
treacherous and self-defeating. As long as we continue down this path, the “solution” will continue
to be the problem. There is no miracle cure to our current woes and recent
proposals by central planners risk worsening the economic outlook for decades
to come. , Guest Post: Moral Relativism
And Patriotism As Weapons Of The State The first step toward liberty is to see through the masking fog
the state engulfs itself in to carry out its deeds of conquest. Using
reason to discover absolute truths is an essential part of determining how one
should live their life in accordance with sound ethics. Relativism denies
this. It can deny that evil is committed by the state and that
reprehensible acts are perfectly okay when done by individuals with guns and
badges. All it takes to reverse such destructive thinking is the
realization that state authority deserves no pass in moral scrutiny. Withdrawing
consent comes next on the path to a free society. , Former Defense Secretary Says
US Will Probably Enforce "No Fly Zone", "Take Aggressive Action"
Over Syria Three months to
the election? Check. Which means war-mongering rhetoric, once considered a
staple of the GOP, may very soon become action, first in Syria, and soon,
everywhere else. From Bloomberg: "The U.S. and
allied forces probably will impose a “no-fly zone” over Syria and
take other “more aggressive
action” against the
Syrian regime, former Defense Secretary William Cohen said. While the
U.S. has been leery of another military intervention after a decade of wars, “We’re coming
to the point, however, where the violence is getting so severe, I think, that
you’ll see a
movement towards setting up those no- fly zones,” Cohen said on Bloomberg Television’s “Political
Capital with Al Hunt” airing this weekend." Is war and immediate
geopolitical escalation guaranteed? Not yet: "The former Pentagon chief
and Maine senator, now chairman and chief executive officer of the Cohen Group
consulting firm in Washington, said any U.S. military action would depend on
participation and support from allies." Although desperate times, and by
that we mean unfavorably trending popularity ranking, will certainly require
desperate measures. Such as the continued massive build up of US naval assets
in the middle east. , Presenting The Ultimate
'Muppet' Indicator Today's
MANU fiasco tipped the scale on the dichotomy between the seeming exuberance
that occurs on the stock exchange floors (and the incipient media attached to
it) and the reality of what an IPO is and what exchanges do. Since the middle
of last year - when the impossible was suddenly made possible by the US debt
downgrade and markets realized that Keynesian arithmetic was an academic
version of three-card-Monti - Bloomberg's IPO index has dramatically
diverged in performance from the ever-exuberant S&P 500. This
index of post-IPO performance sends an ominous signal. It must be clear by now
that IPOs now occur when when MANAGEMENT want to cash out - simply put they are
trying to maximize their gain. The divergence between new-money
weakness and stuck-money strength highlights more than ever the Muppet-fleecing
purpose of 'our markets'. , Credit Slumps, Equity Pumps,
And Volume & Volatility Dumps
, Referendum: Is Germany
Preparing For The Nuclear Option?
Two months ago, in the aftermath of the "surprising victory"
for the Italian PM from the June 29 European summit, which the media mistakenly
interpreted as successful for Monti and Rajoy, whose hijacking tactics merely
led to even more European animosity and instability in a system that is beyond
fragile (i.e., Europe), we proposed an entirely different explanation, namely
that "Merkel's Surprising
"Defeat" was Merely A Gambit For A German Referendum?"
To wit: "it appears that events over the past week may have been merely a
gambit for something that Schauble and Weidmann have already hinted at: a popular
referendum that decides the fate of Europe once and for all, washing Merkel's
hands and letting the people decide if they want the European experiment to
continue or not." Turns out we were right. , The Broken Market Chronicles:
200% Of Man United's Float Will Trade In A 10 Cent Interval Today … we suspect the underwriters of the MANU IPO are
'pulling-a-facebook' and onboarding whatever they have to. There has now
been 9.5 million shares bid at $14.00 (and none asked) - more than half the
float alone! It seems increasingly self-evident that IPOs are
simply weath transfer mechanisms - no win-win - and that the value-add from
'stock exchanges' is rapidly converging to zero. , Are You Better Off Than You
Were Four Years Ago? The
phrase "Are You Better Off Than You Were Four Years Ago?" and
"It’s the Economy, Stupid" have become standards of
American election discourse in recent decades. And seemingly for good reason.
Although it is rare to unseat an incumbent, poor economic performance seems to
play a role. We are less than four months away from the US Presidential
election. Financial and economic developments have caused surprise
political outcomes around the world from time to time. UBS
took a look back at the first terms of the nine presidents that preceded
President Obama to determine if the performance of economic variables had any
predictive power in determining the odds of re-election for a second term. The news is not
good, from GDP growth to real disposable income, and from unemployment to the
Misery Index, it seems the bailer-out-in-chief may just have an uphill
battle. , Egan Jones Downgrades Goldman
Sachs From A- To BBB+ , Californicated: From Facebook
To Stockton And San Bernardino: How CalPERS Became A Golden State Worrier The last few weeks have not been fun for
California. Facebook's face-plant removed a large part of the unbelievably
'expected' tax revenues for the state, Stockton BK'd, and now we find out that
San Bernadino - the latest and greatest city to file for municipal bankruptcy
(after a $46 million shortfall in its budget was irreconcilable). The reason
it's a big deal - unfortunately the state's retirement fund -
CalPERS - is the city's largest creditor by far with a wonderful $143.3 million
exposure. This is more than half the entire debt load of
$281.4 million of the Top 20 creditors alone! The deadline for creditors to
challenge bankruptcy eligibility is September 21st and we suspect that until
then, the comptrollers should be renamed the Golden State
Worriers? What is ironic is the same unions that we suppose
are fighting the city over cuts and forcing it to take such drastic action are
likely to be entirely beholden to their pension benefits from the very same
CalPERS which is about to take a sizable haircut.
http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
{ Think about this! By wobama’s own
criteria in his last total b***s*** campaign, he should be stepping down;
having failed on all counts and then some. He also promised to cut the nation’s
deficit in half by the end of his term; yet, he has increased the nation’s
deficit by a record amount greater than all the presidents since Eisenhower
COMBINED ($5 trillion). He has done this to help cover up his unequivocal
failure by any standard by which you measure a presidency, including his own.
People in america must show the Washingtonians they are not doormats! They must
stand up and let these politicos know that results count; particularly promised
results. Absent positive results as with unmitigated failure, choom-gang-banger
wobama, they get the boot. President Romney deserves the 4 years he’ll have to
turn this disaster called america around. If President Romney doesn’t cut the
mustard in 4 years as promised, then he will be out. Results Count! I believe
that people in the final analysis will choose self-respect; that is, choose NOT
to be wobama’s doormat. Despite and contrary to wobama’s
spin/propagandameisters’ desperate spin/outright falsity which addresses
anything but wobama’s clear record of failure, President Romney is smart
enough, flexible enough, and with a record of concrete results behind him as
compared to wobama choom fantasy/b***s***, President Romney will be a hands-on
President to the entire nation in the most positive sense. As such, I believe
people will choose self-respect, reality, real results which will make President
Romney’s election a substantial margin blowout victory!
Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere
one looks…The government’s total indebtedness is $211 trillion’ … ) Obama's Five Trillion Dollar
Lie http://albertpeia.com/obamas5trilliondollarlie.htm }
8-9-12 Dave’s Daily: http://www.etfdigest.com ‘MARKET SUMMER BOREDOM CONTINUES
8-9-12 The good news from the U.S. today was Jobless Claims declined (361K vs
367 expected & prior revised higher to 367K allowing for a larger beat).
That was about it for good news. The bad news was 127K were dropped from the
rolls as their benefits have expired and, wait for it…the Bureau of Labor
Statistics goofed releasing this news 12 hours before time. Fear not, the BLS
is investigating and you can expect results of this breach in the distant
future. More news included an increase in international trade ($-42.9B vs expected
$-47.5B & prior revised to $-48B); the Bloomberg Consumer Comfort Index
fell (-41.9 vs prior -39.7 probably due to rising energy & food costs) and,
Wholesale Trade fell (-.2% vs .3% expected & prior revised to .0% from
.3%). Taken as a whole the data wasn’t inspiring although some thought the
trade data was suggestive of a small rebound in GDP.From overseas China Factory
Production fell to a 3 year low; inflation increased 1.8% and Home Sales fell
14.5% and prices declined (gulp!) $71B. In the UK exports
declined 4.9% which must be Olympic gear is staying home?The dollar (UUP) was
higher and bonds (IEF) & (TLT) were weaker. Gold (GLD) barely budged and
commodities (DBC) were higher led by grains (JJG).Other than this news markets
remained motionless on light volume…’ ,
The Sobering Reality Of What
Life Is Like In Reno, Nevada
http://albertpeia.com/realityofdyinguscitieslikerenonv.htm , What the ECB Can Actually
Do... Not Much Posted by: Phoenix Capital... So there
is literally NO option that could save Europe at this point. We can get verbal
interventions and symbolic gestures (such as Draghi's "bazooka"
threat), but the fact of the... http://albertpeia.com/marketsshortsqueezeeurophorialunacy.htm , The Whack-A-Mole Algo Is Back ZerpHedge.com , Guest Post: Want More Tax
Revenue? Increase Jobs Not Rates
The Obama campaign has amplified its push on increasing taxes on the
wealthy and has painted Mitt Romney as a Robin-hood
in reverse saying that he wants to take from the poor and give to the rich.
The attack on Romney is incorrect as the real truth is that it is the
current Administration that is failing, once again, to recognize that the
problems facing the economy has nothing to do with the current tax rate
structure. It is election season, however…’ , Forget The Fiscal Cliff, Here
Comes The Corporate Bond Maturity Wall , Your Complete Guide To The
Coming Fiscal Cliff , Art Cashin On "The Folks
Who Brought You 1.5% GDP and 8.3% Unemployment" , Wholesale Inventories Drop MoM
First Time in 9 Months As we noted last night,
inventory destocking is the great unknown as far as consensus expectations and
the wholesale inventories data this morning just confirmed that this is a
worrying trend. With the first drop MoM since September 2011 and
dramatically missing expectations, inventories dropped 0.2% and perhaps
more worryingly - given the drop in inventories - is the critical inventory-to-sales
ratio has now risen two months in a row as clearly sales are dropping faster
than companies were expecting.
, Bloomberg Consumer Comfort
Index Back At 'Severe Economic Discontent' Level , Insolvent US Postal Service
Loses Whopping $5.2 Billion In Third Quarter, 70% Higher Than Year Ago , Disinformation: How It Works The best way to disarm disinformation agents
is to know their methods inside and out. This gives us the ability to point out
exactly what they are doing in detail the moment they try to do it. Immediately
exposing a disinformation tactic as it is being used is highly destructive to
the person utilizing it. It makes them look foolish, dishonest and weak for
even making the attempt. Internet trolls most especially do not know how to
handle their methods being deconstructed right in front of their eyes and
usually fold and run from debate when it occurs. The truth is
precious. It is sad that there are so many in our society who
have lost respect for it; people who have traded in their conscience and their
soul for temporary financial comfort while sacrificing the stability and
balance of the rest of the country in the process. Disinformation does not only
threaten our insight into the workings of our world; it makes us vulnerable to
fear, misunderstanding, and doubt: all things that lead to destruction. It can
drive good people to commit terrible atrocities against others, or even against
themselves. Without a concerted and organized effort to diffuse mass-produced lies,
the future will look bleak indeed.
America’s Great 2012 Drought Posted by
: George Washington Post date: 08/09/2012
- 14:49 As Bad as During the 1930s Dust Bowl?
What the ECB Can Actually
Do... Not Much Posted by: Phoenix Capital... Post date: 08/09/2012 - 12:52 So
there is literally NO option that could save Europe at this point. We can get
verbal interventions and symbolic gestures (such as Draghi's
"bazooka" threat), but the fact of the... http://albertpeia.com/marketsshortsqueezeeurophorialunacy.htm
Chautauqua Notes | Ethical
Challenges of Finally Fixing the Financial Crisis: Fair Deals vs. New Deals Posted by
: rcwhalen Post date: 08/09/2012
- 07:48 From the perspective of ethics, the
fiscal profligacy of the US government and related behavior in the private
sector is the cause of the financial crisis
Greece Prints Euros To Stay
Afloat, The ECB Approves, The Bundesbank Nods: No One Wants To Get Blamed For
Kicking Greece Out Posted by: testosteronepit
Post date: 08/08/2012 - 20:15 Who the heck turned off the spigot in the first place?
Fed and Treasury Irate at NY
Bank Regulator's Vulgar Display of Public Diligence with Standard Chartered Posted by:
ilene Post date: 08/08/2012 -
16:27 Only the little people are meant to
suffer for their country.
U.S. Postal Service loses $5.2
billion, warns of low cash
Reuters | “…the service
projects a net loss of about $15 billion for the fiscal year…”
More Than 100 Million
Americans Are On Welfare
American Dream
| There are more Americans dependent on the federal government than ever
before in U.S. history.
The Rot at The Top with Gerald
Celente
Infowars.com | The
Trends Research Institute analyzes world- shaping events and forecasts
tomorrows trends.
North Korea Is Thought To Be
Sitting On $6 Trillion Worth Of Rare Minerals
Business
Insider | Anyone following North Korean press may have
noticed the country seems to be indulging in some sort of construction boom
recently.
Greece’s Unemployment Rate
Just Got Even More Horrifying
Business
Insider | Greece’s unemployment rate climbed to 23.1 percent in May,
up from 22.6 percent in April.
“The cult of equity is dying. Like a once bright green
aspen turning to subtle shades of yellow then red in the Colorado fall,
investors’ impressions of ‘stocks for the long run’ or any run
have mellowed as well. I ‘tweeted’ last month that the souring attitude might be a
generational thing: ‘Boomers can’t take risk. Gen X and Y believe in Facebook but not
its stock. Gen Z has no money.’” And. . . .“Unfair though it may be, an investor should continue
to expect an attempted inflationary solution in almost all developed economies
over the next few years and even decades. Financial repression, QEs of all
sorts and sizes, and even negative nominal interest rates now experienced in
Switzerland and five other Euroland countries may dominate the timescape. The
cult of equity may be dying, but the cult of inflation may only have just
begun.”
Bill Gross, Pimco
“Gold appears to be enjoying increasing popularity
again. There would appear to be brisk buying interest on the market below
[$1600]…which should provide the price with a safety net.”
Commerzbank’s Commodities Daily
“2008 wasn’t the real crash. The real crash is coming.”
Peter Schiff
Infowars | Alex
discusses the bankster takeover of society.
Economic Warfare: Iran Signals
Currency Devaluation
Kurt Nimmo | The
United States has waged economic war against Iran since the late 1970s.
Crazy Details About The Bank
That’s Been Accused Of Transferring $250 Billion To Iran
Business
Insider | U.K. investment bank Standard Chartered could be
suspended from operating in New York.
Germany Infuriated By ‘Fourth
Reich’ Headline In Berlusconi Newspaper
London
Guardian | German politicians have reacted furiously to a
front page in the Italian daily Il Giornale.
Europe’s Beggars: Bluffing
Their Way To Unity And Propserity Via Hijacking And Extortion
Zero Hedge | What we
expected to happen is precisely what did happen.
Submitted
by Tyler Durden on 08/06/2012
Why Europe Matters… And How
Spain Could Wipe Out Your 401(k) Posted by
: Phoenix Capital... Post date: 08/06/2012 – http://albertpeia.com/eumatterswipeoutyour401k.htm In simple terms Europe is a HUGE deal
for everyone. We’re not talking about some distant region far off in the
distance that we will watch go down from our decks. We’re talking...
Obama Is Using The Curiosity
Landing To Push Government Spending
Business Insider
| President Barack Obama congratulated NASA on its successful mission to
send a robotic rover to Mars tonight, calling the landing of the Curiosity an “unprecedented
feat of technology.” { Riiiiight! ….. Geeeh! And
here, I already thought they’ve already
done that … and, it’s so helped america’s fiscal and economic position in the solar
system! } { MISSIONS TO MARS TIMELINE: 1992 to 2004
September 25, 1992 - Mars
Observer launched. Spacecraft designed to map the martian surface from orbit
with a large, sophisticated science payload.
August, 1993 - contact lost with
Mars Observer.
1995 - NASA selects Mars Polar
Lander for 1999 launch.
1996 - Athena Mars Rover mission
proposed (unsuccessfully) to NASA Discovery Program for launch in 2002.
November 7, 1996 - Mars Global
Surveyor launched.
November 16, 1996 - Russian Mars
'96 orbiter/landers launched.
November 17, 1996 - Mars '96
fails to achieve insertion into Mars cruise trajectory and re-enters the
Earth's atmosphere.
December 4, 1996 - Mars
Pathfinder launched.
July 4, 1997 - Mars Pathfinder
lands on Mars and begins a successful mission.
September 11, 1997 - Mars Global
Surveyor arrives at Mars and begins a successful mission that continues today.
September 27, 1997 - last
successful data transmission from Mars Pathfinder
November, 1997 - Athena Mars
Rover Payload selected for launch in 2001.
Spring, 1998 - NASA and JPL
announce that due to engineering problems and funding shortages in the Mars
program, launch of the Athena Mars Rover Payload will be delayed until 2003,
with landing in 2004. Instead, NASA will send a stationary lander (similar to
the Mars Polar Lander) to Mars in 2001. Four Athena instruments would be flown
on this lander as a precursor to the full Athena investigation in 2003.
July 3, 1998 - Nozomi, Japanese
Mars orbiter launched.
December 11, 1998 - Mars Climate
Orbiter launched.
December 21, 1998 - course
correction burns leave Nozomi with less fuel than expected. The orbiter is to
remain in heliocentric orbit for five years.
January 3, 1999 - Mars Polar
Lander launched.
September, 1999 - Mars Climate
Orbiter spacecraft fails to achieve orbit due to a navigation error.
December 3, 1999 - Mars Polar
Lander fails, apparently due to a software error.
May, 2000 - Mars 2001 Lander
mission, which would have used a lander similar to Mars Polar Lander, cancelled
by NASA. Mars program undergoes a major restructuring.
July, 2000 - NASA selects the
Mars Exploration Rover mission for flight in 2003. The mission will send a large
rover to Mars carrying the Athena Mars Rover Payload, and will use the same
landing system that was used successfully by Mars Pathfinder.
August, 2000 - NASA announces
that two identical rovers will be flown in 2003, each carrying identical copies
of the Athena payload.
April 7, 2001 - Mars Odyssey
orbiter launched; will aid in landing site selection for MER and relay data
from Athena instruments.
June 2, 2003 - The European
Space Agency's Mars Express Orbiter and Beagle 2 Lander launched from Baikonur,
Kazakhstan.
June 10, 2003 - The MER-A rover
called Spirit is launched from Cape Canaveral, Florida.
July 7, 2003 - The MER-B rover
called Opportunity is launched from Cape Canaveral, Florida.
December 9, 2003 - Nozomi
mission abandoned due to lack of fuel and a damaged electrical system.
December 26, 2003 - Mars Express
arrives at Mars.
January 3, 2004 - The Mars rover
Spirit lands.
January 25, 2004 - The Mars
rover Opportunity lands.
January, 2004-present - The
rovers Spirit and Opportunity operate on the martian surface. }
8-03-12 Dave’s
Daily: http://www.etfdigest.com ‘BULLS JUMP
ON EMPLOYMENT DATA’ 8-3-12 [ { Dave’s Daily Summary with pics/charts – Dave is
always worth a look; a bit too bullish methinks, but somewhat realistic in
light of the preposterous churn-and-earn frauds/’valuations’, which folly has gone global and will end quite
badly! http://albertpeia.com/davesummary8312.htm } Then there’s: { AP: Preposterous
beyond words! In a nutshell: lunatics here on wall street and abroad are indeed
affected by this full moon in a very big way! } ] ‘The Employment report was better than expected (163K
jobs vs 100K expected but prior revised lower to 64K from 80K). Inside the
numbers the unemployment rate rose to 8.3% and it was estimated 195K people
dropped from rolls meaning the so-called U-6 rate jumped to 15%. But algos
chose to focus on the headline number driving stock prices higher for another
end-of-week “stick save” which we’ve seen before.Perhaps not so much in the headlines
was a unique reevaluation of Draghi’s comments from Thursday as noted by Bloomberg whereby
it was suggested he was just laying the framework for a bargain. Further
another late article from Bloomberg noted
some inferred weakening within the German ranks which might be more supportive
of Draghi’s efforts. And, this article points to a split perhaps from the
Bundesbank and politicians—always a potential problem for the bank’s autonomy.
Meanwhile economic data from the eurozone continued to decline with the PMI
descending to 46.5 and the UK PMI (51) the lowest in 2 years.Also of note was the first repo liquidity
injection from the Fed to Primary Dealer’s (banks)
since December 2008. This was a small amount ($200M) but showed the Fed working
in a more subtle fashion to lubricate trading desks.Stocks were higher across
the board and intra-market correlations were running almost at 100% allowing
for little in the way of diversification. Everything rallied today except
natural gas (UNG), bonds (IEF) and the dollar (UUP) and that’s the
easiest way to sum things up.Now you might think from our comments we’re bearish
but we’re 60% long
equities in our active portfolio with the balance in cash. Sure, on days like
this we’d like greater exposure but you wouldn’t have said
that the prior 4 days. The bottom line is you can be a skeptic while remaining
systematic. Staying with longer term tech analytics (weekly & even monthly)
avoids a lot of the daily noise despite emotions. So when markets rally when
news overall and fund flows are this terrible that must be bullish or just
another bout of short-covering.We’re seeing markets (see SPY chart below) that very
much resemble similar periods to 2010 & 2011. Those markets featured
significant two-way action which made for poor trend-following conditions for
short-term investors. This is now enhanced by the presence of HFTs and algos
and a good explanation of how these work
which also makes it more appropriate to step away from shorter-term chart views.Despite
Friday’s good
market action we still face trouble in the eurozone and with global economic
contraction not solved by one data point or rumors and spin. Now we add
elections and accompanying uncertainty to the mix.Volume on Friday was light
with most of it coming in the last 20 minutes on ETFs squaring up positions.
Breadth per the WSJ was positive but seemed short of a 90/10 day…’ , Lest you think we’ve turned the corner. . . .
August 3, 2012 MK It’s Friday.
And if its Friday, the FDIC announces another bank failure. In this case the
40th bank failure this year. At that rate about six per month. (But who’s
counting?) Waukegan Savings Bank of Waukegan, Illinois. . . . Continue reading … , The Bernanke Put is a Lie By gpc1981
http://albertpeia.com/bernankeputalie.htm , The Employment Rate In The
United States Is Lower Than It Was During The Last Recession http://albertpeia.com/usemploymentratelowerthanlastrecession.htm , Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total indebtedness is $211 trillion’ … ) 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…’] } obama-"If we confront this crisis without
also confronting the deficits that helped cause it, we risk sinking into
another crisis down the road as our interest payments rise, our obligations
come due, confidence in our economy erodes and our children and grandchildren
are unable to pursue their dreams because they are saddled with our debts.
That's why today I am pledging to cut the deficit we inherited by half by the end
of my first term in office... That means taking responsibility right now in this
administration, for getting our spending under control." , EUR Shorts Collapse By 35% In
Two Months, Down 10% In One Week
, Europe's Largest Insurer
Allianz Not Amused That Central Banks Are Involved In Liborgate , Treasury Selling Another $4.5
Billion In AIG Stock, AIG To Buy $3 Billion Of Offering ‘…Bottom line: another $1.5 billion in AIG shares are
about to hit the market. Of course, in this broken market this will be seen as bullish.
At least initially. Then the selloff.
, Interview With A
High-Frequency Trader , Here's Hilsenrath: The Door Is
Still Open For The Fed To "Help The Economy" { A little more help like they’ve already
done, at this rate, beyond the inevitable crash, there’ll be but a
fallen nation of taxpaying serfs supporting the fiefdom and opulent lifestyles
of fraudulent wall street et als. } One
didn't think that an economic event could come and go without some commentary
from the WSJ's resident "Fed mouthpiece-cum-economist" who
has rapidly become a caricature of himself, and is solely known for his
heretofore programmed leaks of Fed policy, which tended to work until it
didn't. In a normal day when newsflow or fundamentals actually mattered, we
would focus on far more important things. However, since we are caught in the
manic phase of the market's daily bipolar gyrations, and nothing can make a
dent in sentiment at least until Monday when the market suddenly decides it was
100% wrong in its re-interpretation of Draghi's comments (last we checked
there is still no press release from the Bundesbank saying it has agreed to any bond
buying, let along short-dated) and decides to plunge all over again, here is
Jon with more propaganda that today's NFP beat, which is still well below the
200+ needed to maintain the declining unemployment rate trendline, means
nothing for the Fed.
Submitted
by Tyler Durden on 08/03/2012
It is late in the afternoon on a Friday, which means
one thing: it is time to dump all left over bad news under the rug. Sure
enough, here comes S&P. From Bloomberg:
8-02-12 Dave’s
Daily: http://www.etfdigest.com ‘DRAGHI DROPS THE BATON 8-2-12 European Central Bank chief Mario
Draghi could not back up his bold statements from last week with specific
action. He could only say the ECB “may” through its mandate buy eurozone bonds.
Basically this means he backed the Germans into a corner and they didn’t blink.
His credibility has taken a major hit and Spanish bond yields once again headed
for 7%. For markets it’s been two days and back to back central bank
disappointments with the ECB taking a large toll on bulls. And to top things
off, Friday is the Employment Report which is sure to cause volatility in
either direction.In more pedestrian news, Jobless Claims rose (365K vs 370K
expected & prior revised higher to 357K); Factory Orders fell (-.5% vs .7%
expected & prior .7%); and, Bloomberg’s Consumer Comfort Index fell again (-39.7
vs prior -38.5).Last night China signaled it would elevate to stabilize (weird
choice of words) economic growth which is noted in this press release
from Xinhua News Agency. Stocks there fell.Stock markets took the news from the
ECB hard. A late day rally (see SPY 2:15 PM Buy Program Express) lifted stocks
off their lows led mostly by technology (XLK) and more Apple (AAPL) split
chatter. Do you really think equity markets overall can be durably supported by
one stock and infinite central bank QE?Bonds (IEF) were somewhat stronger in
price; the dollar (UUP) was higher; gold (GLD) lower; and, commodities (DBC)
weaker.Volume was the highest of the week thus far and breadth per the WSJ was
negative…’ , Spain And Italy Are Toast
…Euros http://albertpeia.com/spainitalytoastnomatterwhat.htm , The Fed's Gold Is Being
Audited... By The US Treasury
ZeroHedge.com Tyler Durden When we started reading the LA Times article
reporting that "the federal government has quietly been completing an
audit of U.S. gold stored at the New York Fed" we couldn't help but wonder
when the gotcha moment would appear. It was about 15 paragraphs in
that we stumbled upon what we were waiting for: "The process involved
about half a dozen employees of the Mint, the Treasury inspector general's
office and the New York Fed. It was monitored by employees of the Government
Accountability Office, Congress' investigative arm." In other words the
Fed's gold is being audited... by the Treasury. Now our
history may be a little rusty, but as far as we can remember, the last time the
Fed was actually independent of the Treasury then-president Harry Truman fired
not one but two Fed Chairmen including both Thomas McCabe as well as the man
after whom the Fed's current residence is named: Marriner Eccles, culminating with the
Fed-Treasury "Accord" of March 3, 1951 which effectively
fused the two entities into one - a quasi independent branch of the US
government, which would do the bidding of its "political", who in
turn has always been merely a proxy for wherever the money came from
(historically, and primarily, from Wall Street), which can pretend it is a
"private bank" yet which is entirely subjugated to the crony
interests funding US politicians (more on that below). But in a nutshell, the
irony of the Treasury auditing the fed is like asking Libor Trade A to confirm
that Libor Trader B was not only "fixing" the Libor rate correctly and
accurately, but that there is no champagne involved for anyone
who could misrepresent it the best within the cabal of manipulation in which
the Nash Equilibrium was for everyone to commit fraud. , Of Beggars, Choosers,
Unemployment, And Bailouts In Europe The problems of a group of 17 different economies that are
growing further apart - all functioning under the same currency - will not be
solved by any actions taken by the ECB" is how Stratfor's Adriano Bosoni
describes the can-kicking that has once again become the euro-zone this summer.
From the systemically rising and drastically desperate unemployment rates
around the Southern nations… , Why Mega Banks Are The Modern
Cocaine Cowboys In today's
episode of blast from the past, Bloomberg's Jonathan Weil takes us on a time
journey, which presents the Too Big To Fail bank problem from a different
perspective: that of the Cocaine Cowboy roaming the streets of Miami in the
late 1970s and early 1980s. Just like today's big banks they were untouchable;
just like today's banks they were collaborating and existing in perfect
symbiosis with the Federal Reserve; just like today the Cocaine Cowboys existed
in an untouchable vacuum courtesy of endless bribes to the local law
enforcement and judicial officials, and just like today, the TBTF institution du
jour isn't "merely an economic problem. It is a great
moral failing of our society that poisons our democracy." Back
then, Ronald Reagan stepped in just when Miami (whose real estate market had
soared in 1979-1981 courtesy of rampant crime and money laundering: hint hint
NAR anti money-laundering exemptions) was about to be overrun, forming a task
force that in the nick of time restored law and order. Today we are not that
lucky, as there is not a single politican willing to risk it all just to
eradicate the modern version of a classic scourge: only this time they don't
hand out 8 balls; they give away 0% introductory APR cards and 3 Year NINJA
Adjustable Rate Mortgages. Both however get you hooked for life: either on
drugs or on debt. Will someone step up this time and form a task force
to eliminate the second coming of the Cocaine Cowboy? Sadly, we don't think so.
At least not until the next great crash happens. , Knight Considering Bankruptcy,
Looking At 363 Asset Sale
, US Export Orders Are
Collapsing , Will Penson Cash Vaporize
Gentle Into That Good Knight?
, The Thin Blue Line Between
Hopium And Reality If there
was one unique datapoint that confirms beyond a reasonable doubt the perpetual
upside bias of "analysts" and other snake oil salesmen (after all,
one is far more likely to buy the stuff another is selling if one has a smile
on his face, a wink in the eye, and is optimistically inclined, even if that
optimism is completely unfounded), it is the following chart from UBS which
shows the progression of consensus bottom-up EPS growth estimates for Europe:
"consensus estimates for 2012 EPS growth have fallen from double
digits at the end of last year to 0.7% currently." Observe the
straight thin blue line below: it begins in the land of Hopium,
and ends in Reality. , Only 24.6 Percent Of All Jobs
In The United States Are Good Jobs
http://albertpeia.com/only24percentusjobsgood.htm
No Functional Miracle Weapons
To Fight The Debt Crisis Posted by : testosteronepit
Post date: 08/01/2012 Or any other weapons. A
panacea, yes, but it doesn’t work.
Stunning Crimes of the Big
Banks: Worse than Your Wildest Imagination Posted by:
George Washington Post date: 08/01/2012
You Wont Believe What They’ve Done …
Obamanomics: Grab Some Pizza,
Grow the Economy Posted by: CrownThomas
Post date: 08/01/2012 If you buy a slice of pizza,
and build a road, the economy grows.
http://endoftheamericandream.com
http://albertpeia.com/theywanttochipyou.htm
Kurt Nimmo
Infowars.com
July 31, 2012
{ I’m
really constrained to interject my own direct experience with the FBI here;
and, I must say I do so lamentably. If you want no real results vis-à-vis
organized crime which now extends to the upper reaches, highest levels of the
corrupt u.s. government, go to the FBI. I discounted the new jersey FBI as just
typical corrupt, mob infested jersey which thinks in terms of discos/casinos.
But, truth be told, they never ask the ‘tough’ questions of the biggest criminals; ie., the biggest
wall street frauds, cia connected illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff,
alito, etc.; but, they did go after Martha Stewart in a very big way over a
$45,000 transaction. Wow! You can’t make this stuff up. I also don’t believe their
(understated) crime stats for even a second. I’m beginning to feel
foolish for having even put my full faith and trust in them, much less the ‘federal (judicial) system’ who share the ‘same employer’; and, despite my
antipathy for the mob, probably would have fared ‘more fairly’ with the mobsters
directly who seem to have at least some sense of the magnitude of the fraud
involved and the pervasive corruption of the system and government and maybe a
semblance of honor in this nation of protracted decline. It never would have
occurred to me back when for me, such a choice/decision was clear-cut and
simple. Such a course as mine I no longer could recommend inasmuch as there is
little difference between state/government sponsored crime/corruption and that
perpetrated by other criminal elements, from my direct experience with both,
infra:
Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless. Jersey ‘italian’ snooki? In mob infested
new jersey, who knows (one of the properties in my proceedings for which
surplus funds are unaccounted for was a 2 bedroom 1 and 1/2 bath condominium in
seaside heights, n.j.). But debauchery an american specialty? Another rare
instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct involvement in
the illegal drug trade). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city boy louis freeh, labeled by former Prosecutor Larry Klaiman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a public-interest law firm
that fights corruption in government. To read Larry Klayman's
letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW Chairman Larry Klayman.
"His behavior stands in stark contrast to Louis Freeh, a man so corrupt
he destroyed the office he led, ...
www.freedomwriter.com/issue20/am15.htm
“Louis
Freeh will finally have to answer in court for what he did to our clients.
... answers,” stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial Watch ... My name is Larry
Klayman. ... interest group that investigates and prosecutes government corruption
and abuse. ...... They seized his computer – these are FBI agents at the
direction of Louis Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt behavior, Freeh
was placed on Judicial Watch's ... stated Judicial Watch Chairman and General
Counsel Larry Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry Klayman ... While Judicial
Watch has asked FBI Director Louis Freeh to .... lawsuits against a corrupt
and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH, in his personal capacity;
NEIL GALLAGHER, in his No. ... COUNSEL ARGUED: Larry E. Klayman,
JUDICIAL WATCH, INC., Washing- ton, D.C. ...
Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding ie., the u.s. government’s direct involvement in
the illegal drug trade, etc.). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city by louis freeh, labeled by former Prosecutor Larry Klaiman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit cover-up / fraud on the part
of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez, Assistant Director In
Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within
DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case RICO Summary to FBI Under
Penalty of Perjury at Their Request (5 pages)
[ ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the
Congresswoman by way of email attachment (apparent but typical problem with my
mail) along with my response thereto is included on the 3 disks
as fbicorrespondencereyes.htm
. With regard to the calls to the FBI’s LA and New Haven, CT
offices: There was one call to the LA office and I was referred to the Long
Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I
gave probative evidentiary documents of the money laundering which he confirmed
as indicative of same (he was transferred from said office within approximately
a month of said meeting and his location was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in touch
for in excess of a decade until he abruptly retired (our last conversation
prior to his retirement related to the case and parenthetically, Rudy Giuliani
whose father I stated had been an enforcer for the mob to which he registered
disbelief and requested I prove it, which I did – he served 12 years in
prison, aggravated assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction to the statement in
said correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
· A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which could be used for payment to creditors, Los Angeles, etc..
· Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
· The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever by the court’s deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
·
Defendant Coan had filed an action against me to
prevent me from suing him which necessitated me to fly to Connecticut for a
hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District of
Connecticut, who denied Coan’s requested relief as to Coan but precluded my
action against Shiff (although there is no immunity, judicial or otherwise, for
criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) .
[ transcript in pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf
]
· Newly appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.
·
Probative and evidentiary documents, affidavits,
exhibits, including those turned over to FBI Agent Jeff Hayes in Long Beach,
CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met
personally at the U.S. Attorney’s Office in Newark, N.J., at which time Samuel
Alito was U.S. Attorney, and went over said documents and their probative value
with him. Within approximately a month thereafter upon inquiry I was told that
Jonathon Lacey was no longer with the office, that the file/documents could not
be located, and that there was no further information available concerning
contacting him or his location. I thereupon delivered by hand, copies of said
documents to the office of then U.S. Attorney Alito, addressed to him, with
assurance they would go directly to him. In addition to being inept [ I looked
in on the one mob case he had brought, bungled, lost (accidently on purpose?)
since I was suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt Alito brought in all
20 mob defendants (rather than prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom along with their moans during
testimony and had the jury in stitches. As much as I hate the mob, it truly was
funny, if not so tragic.], Alito is also corrupt (and maybe corrupt
because he is inept). After a reasonable (but still rather short) time I called
to determine the status and was told that Alito was no longer with the Office
of the U.S. Attorney, that he was (appointed) a federal judge, and that neither
the documents nor any file or record of same could be located. Alito did parley
the same / cover-up into quid pro quo direct lifetime appointment to the Court
of Appeals, 3rd circuit, despite the absence of judicial experience
or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is
the same Sam Alito that now sits on the purported highest court in the land.
The real application of the illegal rule ‘don’t ask, don’t tell’.
There is
applicable insurance / surety coverage and neither LA, nor creditors, nor I
should continue to have been damaged by this brazened corrupt and illegal
scenario, which should be resolved in accordance with the meaningful rules of
law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but
there are unresolved problems with the line, computer connection may be the
reason but I hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr. Peia:
Thank you for being in touch. As we
continue the busy first session of the 112th Congress, I want you to
know that I am grateful for the various times you have shared your thoughts and
concerns with me on different issues. Please be assured that your voice
is being heard and that your perspective helps me to better represent you in
Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription
for ‘economic doldrums’, euphemistically speaking (there are
articles/studies/data that dispute the purported effectiveness of the widely
hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian
way’ is certainly no longer a prudent approach today in light of the
insurmountable debt levels of nations worldwide and in america particularly
along with the concomitant over-printed, debased ‘paper currencies’ to finance
same. Quite simply, there simply is not enough real value being created for
redistribution, a situation exacerbated by the parasitic lightening fast,
computerized churn and earn high frequency trading programs on fraudulent wall
street (they should be prosecuted, jailed, fined, and disgorgement imposed for
extant frauds in the trillions now marked to anything as per misguided
legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke …The government’s total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge
October 17, 2011 http://www.economist.com/content/global_debt_clock ]
.This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with
other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal
drug trade. In fact, many researchers reveal that the war on drugs is
only utilized to control and monopolize the illicit drug trade. The
US government has been caught multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out that in 2001,
“according to UN figures, opium production had fallen to 185 tons. Immediately
following the October 2001 US led invasion, production increased dramatically,
regaining its historical levels.” This month, the U.N. announced that
Afghanistan now provides 93% of the world’s opium
production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF Louis | The hypocrisy of the
war on drugs is centers on the amount of drug trafficking that benefits the CIA
and international banking system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
‘If the case of white
supremacist Hal Turner taught us anything, it is that the government
manufactures Nazis and racists from whole cloth and then uses them to push
hysterical domestic terrorist propaganda and self-aggrandizement.
It came out
during Turner’s
trial that he was a “National
Security Intelligence”
asset working for the
FBI’s
Joint Terrorism Task Force. His code name was “Valhalla” and “he received thousands of
dollars from the FBI to report on such groups as the Aryan Nations and the
white supremacist National Alliance, and even a member of the Blue Eyed Devils
skinhead punk band,” according to The Record.
The FBI has run
racist and white supremacist groups since the 1960s. Under COINTELPRO, the FBI “subsidized, armed,
directed and protected the Ku Klux Klan and other right-wing groups,” Brian Glick writes. Racist groups were used to create a strategy
of tension by attacking groups on the so-called left, including anti-war,
Chicano and Puerto Rican activists and nationalists.
More recently,
in 2007, the FBI organized a neo-Nazi march in Orlando, Florida. The FBI’s “informant” (agent provocateur) “was one of the most
visible individuals in the National Socialist Movement,” according to Andy
Rosenkranz, state
regional director for the Anti-Defamation League. “Generally, the FBI and
the JTTF (Joint Terrorism Task Force) in Florida does an excellent job.”
The FBI has
also infiltrated a number of supposed Muslim terrorists groups and has
wheedled, cajoled and otherwise manipulated patsies into agreeing to commit
terror attacks.
In October, Mother Jones revealed that the FBI is notorious for creating
supposed terrorist groups from scratch and then framing patsies in order to
claim the government is protecting the United States from terrorists. The
number of government informants and agents provocateurs has grown exponentially
since the 1970s when the FBI claimed it shut down COINTELPRO.
On Tuesday, the
New York Daily News reported the FBI’s latest terrorist creation – the 1st SS Kavallerie
Brigade Motorcycle Division, founded in 2007 to recruit neo-Nazi bikers for the
Aryan Nations, a white supremacist terrorist organization, according to Anthony Bartkewicz.
“One member offered a
$1,000 reward for the shooting of a black man. Others stockpiled explosives to
be used in terror attacks on U.S. targets,” writes Bartkewicz. “But the biker gang was
founded by undercover law enforcement agents in Florida, and eventually 20
people were arrested for a range of offenses, from dealing drugs to possessing
illegal weapons and plotting murders, the Orlando Sentinel reported.”
In May, the FBI
took down a group of mentally challenged white supremacists belonging to the
American Front, a group on the edge of extinction in the early 2000s but
resuscitated on the internet. The FBI claimed the group was “planning to kill Jews and
minorities in the ‘inevitable’ race war, according to an affidavit obtained by the
Orlando Sentinel. The Sentinel reports that the group also looked to
manufacture ricin, a ‘weapon of mass destruction,’” CBS Tampa reported.
Fear and loathing by liberals over FBI manufactured racist threat.
Considering the
FBI’s
track record, however, it is likely the ricin plot was concocted by the agency
and then fed to the American Front patsies prior to the sensationalized bust.
Patsies rarely devise their own plots and are carefully managed by the agency
and its army of informants and agents provocateurs.
The Nazi biker
group created by the FBI after the Aryan Nations said it wanted to form a Nazi
motorcycle club to serve as the militant arm for white supremacists across the
country, according to records obtained by the Orlando Sentinel.
“Using a false identity,
the agent with the Orange County Sheriff’s Office became the Aryan Nations’ top Florida
administrator responsible for recruiting members for what would become the 1st
SS Kavallerie Brigade Motorcycle Division — operating out of a clubhouse in St. Cloud,” Henry Pierson Curtis
writes for the Sentinel.
“Early members included at
least two additional undercover FBI agents – who infiltrated the club
—
and a biker accused of offering $1,000 to anyone willing to shoot a black man
riding an ATV in rural Osceola County, records show.”
In 2007, a FBI
informant, Rick Spring, admitted to running the Aryan Nations. “In a confessional emailed
out to white nationalist leaders, federal informant and convicted bank robber
Rick Spring admitted today that he operated the Aryan Nations as a false flag
front group for the FBI after the death of Richard Butler,” wrote Bill
White, editor of the
Libertarian Socialist News.
Government
connections to terror groups are legion. In 2004, for instance, the FBI
revealed the Southern Poverty Law Center was involved with government
operative and
convicted Oklahoma City bomber Timothy McVeigh and the Aryan Republican Army at
Elohim City. McVeigh’s contact at Elohim City was Andreas Carl Strassmeir,
a former German intelligence officer. Peter Langan, the son of a retired U.S. Marine intelligence
officer and said to be the leader of the Aryan Republican Army, was a
government informant.
The SS
Kavallerie Brigade Motorcycle Division, responsible for setting up the American
Front, is yet another convoluted government fabrication designed to convince
ill-informed Americans that radical Muslims are not the only threat they face.
So are white guys with tattoos on their foreheads.
The absurdly
overblown threat of skinheads gunning for minorities plays right into the
Department of Homeland Security’s “rightwing extremist” narrative.
“Threats from white
supremacist and violent antigovernment groups during 2009 have been largely
rhetorical and have not indicated plans to carry out violent acts,” the DHS wrote in a 2009 for eyes-only memo subsequently leaked to Infowars.com and
others, but “have
capitalized on the election of the first African American president, and are
focusing their efforts to recruit new members, mobilize existing supporters,
and broaden their scope and appeal through propaganda, but they have not yet
turned to attack planning.”
The FBI’s contrived plots – including purported violence against police and officialdom by the Hutaree militia and now a supposed weapons of mass destruction attack by the American Front – are designed primarily for propaganda purposes. The Hutaree militia was vindicated in court and the accusations against the American Front will likely also eventually be reduced and revealed as government grandstanding, although this will not be reported on the front page in blazing headlines.’
Postal
Service to Miss $5.5 Billion Payment to Treasury
Bloomberg | Rep.
Issa: “The
default by the Postal Service on its obligation to its own employees and
retirees follows decades of mismanagement…”
11
Signs That Time Is Quickly Running Out For The Global Financial System
The Economic Collapse | We are rapidly approaching a moment of reckoning
for the global financial system!
Brazilian
Drugs Lords Show More Integrity Than Central Bankers, Refuse To Sell Crack To
Their People
Zero Hedge | Spot the Fed analogies.
Economists React: Don’t Expect
QE3 This Week
wsj.com |
Expectations that the U.S. Federal Reserve will embark on another bout of
bond-buying to stimulate the economy.
Unemployment Could Stay High
As U.S. Economy Slows
mbtmag.com | High
unemployment isn’t going away.
Austerity At The Olympics:
Each “Gold” Medal Contains 1.34% Gold
Zero
Hedge | As every Olympic athlete knows, size matters.
http://albertpeia.com/civilunrestishereandworstening.htm
http://albertpeia.com/flashmobrobberrieslootingnormalinamerica.htm
GDP growth slows to 1.5
percent in June
thehill.com | Looming
fiscal cliff of U.S. tax hikes and spending cuts.
Geithner: ‘We don’t know’
about U.S. banks’ role in Libor-fixing scandal
AFP | “I don’t know” means “Maybe.”
Mitt Romney: Banking
Regulation Is Essential To The Functioning Of Markets
huffingtonpost.com | Romney
told a crowd full of bankers that the GOP has erred in the past.
Investigators Are Closing In
On Two Other Banks Involved In LIBOR Rigging
Reuters | Groups
of traders working at three major European banks were heavily involved in
rigging global benchmark interest rates.
In Q2 America Added $2.33 In
Debt For Every $1.00 In GDP
Zero
Hedge | In Q2, the US added $274.3 billion in debt while adding
$117.6 billion in GDP.
Draghi Rescue the Euro by
Printing More of Them?
Michael
S. Rozeff | Sure he can, and pigs can fly.
Is Harry Reid The Most
Hypocritical Man In The World?
Zero Hedge | While Dos
Equis has its most-interesting-man, we think we have found the ‘most
hypocritical’.
Dave
Bohon | Supporters of homosexual marriage, however, have been
unable to leave the issue and “agree to disagree.” { I believe the concerted wrongful conduct of
the respective cities et als vis-à-vis Chick-Fil-A may well be actionable as a
business tort and as well, a violation of constitutionally protected rights
of free speech, having a chilling
effect thereon, by way of incorporation thereof under the fourteenth amendment
of the u.s. constitution, as well as pursuant to the respective state
constitutions applicable to the offending cities. }
http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
7-26-12 Dave’s
Daily: http://www.etfdigest.com ‘DRAGHI JAWBONES SHORT SQUEEZE
7-26-12
“Words, words, words,
I'm so sick of words
I get words all day through
First from him, now from you
Is that all you blighters can do
Sing me no song, read
me no rhyme
Don't waste my time, show me
Don't talk of June, don't talk of fall
Don't talk at all, show me
Never do I ever want to hear another word
There isn't one I haven't heard”
- Alan Lerner: My Fair
Lady { Yes, indeed! Dave knows his
shows! This one’s all b***s***! }
EuRo FaRMViLLe Posted by:
williambanzai7
Load your EURO Bullshit... Hopium Floats: The Draghi
Effect Posted by: Burkhardt The 200 Pip move was purely based on speculation or a hope
that Draghi’s statement would render the same affect as the Calvary riding in
to save the day. That’s just not how these things work. Draghi...
http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
{ My own feeling on the subject is live and let live, but that the state
has no place in getting ‘behind’ this contraindicated behavior. Look at the subject
cities rallying in the name of ‘cornholin’ (For the gay vote? How totally pathetic!). Without
exception, they are literally domestic war zones, in decay, decline, and
heading as the nation toward fiscal ruin, defacto/outright bankruptcy. They
really should be concentrating on things that really matter before foolishly
attacking freedom of speech. Previously: EVOLUTION:
OBAMA NOW BACKS GAY MARRIAGE… [
Well, with some frolicking documented cocaine/gay sex
romping in his past, he’d
be hard pressed not to. Interestingly, Clit Eastwood has come out in favor of
gay marriage saying he doesn’t give a f**k… good for you Clit; spoken like a true egalitarian. Truth
be told, I always liked those spagetti westerns that put him on the map; his
own ‘Pale
Rider’,
particularly; and of course, the ‘Dirty Harry’ series. Aside from that, I find him/his films boring,
shallow, and plebian beyond tears; hardly the philosopher king. Yet, I also don’t give a f**k regarding
gays living their lives as they wish, with full constitutional protections
consistent with their presumed law-abiding lives, particularly in a world like
this, such as it is. But, that doesn’t mean the ‘state’ must get behind (no pun intended) same. There are few if
any legal statuses that can’t be achieved through legal document, ie., adoptions,
trust beneficiaries, etc.. Marriage, procreation, the province of a man/woman
relationship has always been a given. Also interesting was the take on same by
reknown Psychiatrist Maslow (his famed, laudable work regarding hierarchy of needs,
etc., needs no introduction) who wrote and posited that homosexuality was
physically, anatomically contraindicated. Again, let me reiterate a live, let
live position while cautioning against the state getting behind (again, no pun)
same and potentially giving young, pubescent, impressionable boys the idea that
penises were made for male a**holes and not female vaginas. ] ... OBAMA ADMITS FABRICATING
GIRLFRIEND IN MEMOIR { Latent gay man obama -
... Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming
to represent me called asking for $100,000, to keep me from coming forward
about our (Obama and I) November 1999 encounter of sex and cocaine use?), ...
Obama is just another Banksters' moll prostituting himself .., and that's why
he supported the grotesque bail-out of the banking system and why he will
always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }
http://albertpeia.com/newworldordervedgesmockus.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. }
http://albertpeia.com/planetalreadyruined.htm }
Submitted by Tyler Durden on 07/25/2012
UPDATE: ZNGA is
down 40% now, trading with a $2 handle
They said it could never happen. They said it was
social, mobile, everything... Well, oops... It seems the drought conditions
around the world have hit the virtual farms too. Let it 'Virtual Rain'
and with that 33% of market cap is wiped away... and
the derivative play - Facebook is down 7% after-hours and EURUSD is dipping as
all that virtual cash is vaporized (yes seriously EURUSD is dropping!). We
assume that very soon, congressmen around the country will be calling for a
government intervention as the hand-of-god impacts these poor virtual farmers.
FYI - Margin Stanley is the largest ZNGA holder at 13.84%.
Anglo Irish Bank’s ex-CEO
arrested for fraud
USA Today | Fraud
detectives arrested the former chief executive of Anglo Irish Bank and charged him
over a conspiracy to hide colossal losses.
100 Million Poor People In
America And 39 Other Facts About Poverty That Will Blow Your Mind
The Economic
Collapse | Every single day more Americans fall into poverty.
Federal Government’s Debt
Jumps More Than $1T for 5th Straight Fiscal Year
CNS News | The new
debt accumulated in this fiscal year by the federal government had already
exceeded $1 trillion.
ECONOMISTS: ‘Europe Is
Sleepwalking Toward A Disaster Of Incalculable Proportions’
Reuters | Among
their recommendations, the economists called for an early partial mutualisation
of the region’s debt.
CBO to employers: Obamacare
has $4B more in taxes than expected
Washington
Examiner | Business owners will pay $4 billion more in taxes
under President Obama’s Affordable Care Act (ACA) than the Congressional
Budget Office had previously expected.
Biderman: “The Most Damage Is
Caused By Those Who Are Not As Smart As They Think They Are”
Zero Hedge | It is not
often we double-dip in the Sausalitan’s soliloquies but tonight’s glorious
truthiness from Charles Biderman, CEO of TrimTabs, is worth the price of
admission.
Fed “Independence” Is a Scam …
And No Reason to Prevent a Full Audit
Washington’s Blog |
Independent from Congress … or from the American People?
Tony Blair: Don’t Hang Bankers Posted by
: George Washington Post date: 07/24/2012
– { Oui; mais, au contraire … a la quillotine avec ils! } Why Is Everyone Suddenly Talking about Hanging Bankers?
Reinventing Crony Capitalism Posted by:
ilene Post date: 07/24/2012 -
The three "de's:" deregulation, desupervision, and de facto
decriminalization.
The disaster of young people
in Spain Posted by: thetrader
Post date: 07/24/2012 - Lost generation of Spain.
Major misses everywhere, and this for the second
quarter in a row - from the Q3 earnings report:
Lieborgate: Here Come The
Arrests
Zero Hedge | For over
four years, virtually everyone in the finance industry knew that Libor was
manipulated.
http://albertpeia.com/lieborgatearrests.htm
July 23,
2012 By gpc1981 http://albertpeia.com/europesystemiccollapse.htm
‘…We
are Phoenix Capital Research.With that in mind, it’s
clear now that the world is entering a period of wealth destruction. Europe is
in the midst of a sovereign debt crisis. History tells us that this will entail
more than one sovereign nation going belly-up. Indeed, I believe that we’ll
see ALL of the PIIGS as well as France stage sovereign defaults in the coming
months.
After
that will come Japan, then finally the US. By the time the smoke clears, we
will have seen systemic collapse.
This
will mean:
1)
Many major banks disappearing, as well as numerous potentially lengthy bank
holidays (think Argentina in 2001)
2)
Multiple sovereign defaults as well as broad economic contractions and their
commensurate unemployment/ civil unrest/ erasure of retirement accounts/
pensions (this process has already begun in some US municipals, e.g. San
Bernandino and Stockton California as well as Harrisburg Pennsylvania).
3)
Possibly new currencies being introduced or new denominations of currencies
(say one new unit being worth 1,000 of the old one)
4)
Massive wealth destruction to the tune of tens of trillions of Dollars (think
MF Global i.e. the money is gone…
only systemically… in fact we just had another such
instance with PF)
5)
A global contraction that will result in new political/ power structures being
implemented as well as the breakup of various countries/ unions.
6)
Very serious trade wars to begin (see Obama’s recent attack on China) and very
possibly a real war.
If
the above make you frightened, you’re not alone. As I’ve
dug deeper and deeper into the inner workings of the global financial system
over the past months, the information I’ve come across has only gotten worse. I’ve
been holding off writing all of this because up until roughly April/May it
seemed possible that the world might veer towards another outcome.
I
no longer view this to be the case. I am almost certain that what I’ve
written above will come to pass. I know that much of what I’ve
written to you in the past could be labeled as “gloom
and doom.” However, I want you to know that I do
not use the words “systemic collapse”
lightly. Indeed, I wish I wasn’t
mentioning them now, but I’d be doing you a disservice not to
bring them up because we’re well on our way towards it…’
The Weaponization of Economic
Theory Posted by : ilene Post
date: 07/20/2012 So the end stage of neoliberalism
threatens a Dark Age of poverty/immiseration – most characteristically, one of
debt peonage. ~ Michael Hudson
“Southern Europe Does Almost
Nothing—Except Complain” Posted by: testosteronepit
Post date: 07/20/2012 Bulgaria speaks up in the euro fiasco. A balanced budget, growth,
and an income tax rate of 10%?
Spanish Stocks Plunge Most In
12 Months As Egan-Jones Cuts Spain To CCC+ , US Banks Battered On Spain's
Bailout Approval , EURUSD Free-Falling , Seven Sigma Rally In LQD: Be
Careful Where You Reach For Yield
With 'safe-haven' yields at extreme lows (and negative in some cases),
there is sense in 'reaching for yield' but - obviously - any increase in yield
implies an increase in risk (and just because it is called a 'bond' doesn't
mean its safer than an 'equity'). By way of example, moving to investment grade
credit is the 'strategy du jour' of many asset allocators - "a little more
yield and it's still IG after all." However, while this is a decent safety
strategy overall - in a diversified and actively managed credit book, falling
for the easy route of buying the liquid IG bond ETF LQD may run some into
problems - no matter how much its 'price' tracks Treasuries. The last
month has seen LQD experience a 7-sigma rally and it stands at multi-month rich
levels to its intrinsic value (which implicitly places technical bids
in the cash market). What worries us the most about LQD specifically is, we
suspect retail investors who are piling in are unaware of the exposures within
the portfolio of bonds. LQD is 24.3% weighted in financials - the very
same Libor-rigging, beached-whale, NIM-compressing financials that are anything
but 'risk-free'. As a reminder, an old adage from credit portfolio
management, "the loss from losers far exceeds the gains from
winners" and at these levels of price (and therefore yield) there is
a lot of convexity in that risk-reward. Understanding the credit risk you are
taking is key.
Submitted by Tyler Durden on 07/20/2012
Morning Snapshot Jul 19th, 2012 by News (USAGOLD) — Gold is well bid today, underpinned by heightened
Mideast tensions and a corresponding rise in oil prices. Additionally, another
round of disappointing US economic data has once again revived hopes of additional
Fed measures to support the languishing economy. Nonetheless, the yellow metal
continues to struggle ahead of $1600.Initial jobless claims, existing home
sales, LEI and the Philly Fed index all missed expectations, prompting at least
Goldman Sachs (but likely others) to revise their GDP forecast lower once
again. Amid continued Fed opaqueness on the prospect of QE3, even the slightest
hint of a weaker economy reinvigorates the QE3 crowd; essentially turning a
negative into a positive, in the sense that bad data can cause stocks to rise
as expectations of Fed action is heightened. Today’s data where significantly
more than a ‘slight hint’…Probes above the 20- and 50-day moving averages this
week are somewhat encouraging to the technical picture, but a convincing move
back above $1600 is likely needed to prompt short-covering. More significant
resistance is marked by the early-July highs at 1623.54/1624.64, which
corresponds closely with the 100-day moving average.
• US Philly Fed index improved to -12.9 in Jul, but
was below expectations of -8.0, vs -16.6 in Jun.
• US leading
indicators -0.3% in Jun, on expectations of -0.1%, vs upward revised +0.4% in
May.
• US
existing home sales tumbled 5.4% to 4.37 mln in Jun, below market expectations
of 4.62 mln, vs upward revised 4.62 mln in May.
• US initial
jobless claims +34k to 386k for the week ended 14-Jul, above expectations of
365k, vs upward revised 352k in the previous week.
• Canada
wholesale trade +0.9% in May, on expectations of +0.2%, vs +1.2% in Apr.
• Switzerland
trade balance CHF2.25 bln in Jun, vs CHF2.52 bln in May.
• Eurozone
current account (sa) €10.9 bln in May, vs upward revised €5.5 bln in
Apr.
• Italy
industrial orders (sa) +1.7% m/m in May, vs positive revised -1.8% in Apr;
-9.4% y/y.
• UK retail
sales +0.1% m/m in Jun, vs positive revised +1.5% in May; 1.6% y/y, down from
negative revised 2.1% y/y in May.
• Japan
All-Industry Index (sa) -0.3% m/m in May, vs +0.1% in Apr.
• Japan
Leading Index (revised) -0.4% in May, vs +0.3% previously. Coincident index
(revised) unchanged at -1.2%.
• Hong Kong
unemployment rate (sa) steady at 3.2% in Jun.
Germany Would Leave the Euro…
Well, Germans Are Already Using Deutschemarks Again! http://albertpeia.com/germanywillleaveeuro.htm ,
Why Are So Many Bad Things
Happening To America? http://albertpeia.com/americacursed.htm
7-17-12 The Federal Reserve Is Not
Going To Save Us From The Great Depression That Is Coming http://albertpeia.com/fedcantwontsaveusfromgreatdepression.htm ‘Federal Reserve Chairman Ben Bernanke delivered his
annual address to Congress on Tuesday, and he did very little to give lawmakers
much confidence about where the U.S. economy is heading. Bernanke told
members of Congress that recent economic data points "suggest further weakness ahead" and
that the Federal Reserve is projecting that the U.S. unemployment rate will
remain at 7 percent or above all the way through the end of 2014. Now, it
is important to keep in mind that Federal Reserve forecasts are almost always
way too optimistic. The actual numbers almost always end up being much
worse than what the Fed says they will be. So if Bernanke is saying that
the U.S. unemployment rate will be 7 percent or higher until the end of 2014,
then what will the real numbers end up looking like? During his
testimony, Bernanke seemed unusually gloomy about the direction of the U.S.
economy. He seemed resigned to the fact that there really isn't that much
more that the Federal Reserve can do…’ , The New Depression: The
Breakdown of the Paper Money Economy Jul 17th, 2012 15:10 by MK
by Richard Duncan“When we broke the link between money and gold, this
removed all constraints on credit creation. This explosion of credit created the
world we live in, but it now seems that credit cannot expand any further
because the private {and importantly, public} sector is incapable of repaying
the debt it has already… , The End of the Bernanke Put is Here http://albertpeia.com/endofbernankeput.htm For well over a year, even after Ben
Bernanke admitted that the consequences of QE outweighed the benefits , Dave’s
Daily: http://www.etfdigest.com
BULLS ASSUME QE3 WILL
HAPPEN 7-17-12
“We have reached a profound point in economic history
where the truth is unpalatable to the political class – and that truth is that
the scale and magnitude of the problem is larger than their ability to respond
– and it terrifies them.” Hugh Hendry
“Given the political realities, the Fed is the only
game in town that can do anything to bolster the economy.” Senator Schumer
7-16-12 These 12 Hellholes Are
Examples Of What The Rest Of America Will Look Like Soon http://albertpeia.com/12hellholesvisionofamericasfuture.htm , Criminal Inquiry Shifts To
JPMorgan's Mispricing Of Hundreds Of Billions In CDS: Is Dimon The Next
Diamond? ZeroHedge.com
Tyler Durden 7-16-12 , It's Different This Time: The
Scariest Equity Market Chart Around While analogs for periods
past have been shown time and time again, the striking similarity of
the last four months of this year and the same period last year is becoming
extremely worrisome. The rips and dips are of almost perfectly equal
size and duration and retail and professional participation is also very
similar. July 21st marked the top last year after failing to break the highs of
a July 4th week peak (which occurred on low average trade size). It would
appear the bulls are hoping that it's different this time - or else it is very
scary with S&P 500 set for the magic 1200 Bernanke Put strike very
soon. , Senate Throws The Book At HSBC
Accusing It Of Massive "Money Laundering And Terrorist Financing", No
Comment On NAR Money Laundering Yet Just because there is
already an overflow of confidence in the financial system, here comes the
Senate's Permanent Subcommittee On Investigations with a 340 page report detailing
how HSBC "exposed the U.S. financial system to a wide array of money
laundering, drug trafficking, and terrorist financing risks due to poor
anti-money laundering (AML) controls." Of course, since HSBC is one of the
world's largest banks, what it did was not in any way unique, and it is quite
fair to say that every other bank has the same loose anti-money
"laundering" provisions. What HSBC was likely most at fault for was
not providing sufficient hush money to the appropriate powers in the highest US
legislative administration. But at least tomorrow we will have yet another dog
and pony show, accusing that HSBC did what the NAR does every single day. Because
let's not forget that the National Association of Realtors lobbied for and
received a waiver for anti-money laundering provision regulations:
after all how else will US real estate remain at its current elevated levels if
not for the drug, blood, and fraud money from various Russian, Chinese, and
petrodollar kingpins, mafia bosses and otherwise rich people who need to
launder their money in the US, in the process keeping Manhattan real estate in
the stratosphere? But one can't possibly pursue the real truth if it just may
impair the fair value of that backbone of honest, hard-working US society: still
massively overpriced housing in a world in which those who need mortgages will
never get them.
[Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is centers on
the amount of drug trafficking that benefits the CIA and international banking
system. Natural News
February 1, 2012 [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”Today in Afghanistan, American
troops have been seen guarding poppy fields used to make heroin. Those fields
were all but wiped out by 2001 when the Taliban destroyed them and forbade that
agricultural pursuit. Now they’re flourishing again after the American
occupation. This doesn’t make sense despite all the mainstream reports that
American troops are protecting the poppy farmers from the bad guys. Internet sites
such as Prison Planet, Info Wars, The Political Coffeehouse and others report
otherwise. They connect the CIA and US military to restarting the poppy fields
in Afghanistan in 2002, increasing poppy growth by over 650 percent. Who’s
telling it like it is? One way the CIA keeps their drug trafficking hidden
from public view …’.
SHOCK: Justice Dept. will not prosecute Holder for
contempt of Congress... [ Justice
Department shields Holder from prosecution after contempt vote FoxNews.com | The Justice
Department moved Friday to shield Attorney General Eric Holder from prosecution
after the House voted to hold him in contempt of Congress. DOJ Says It Won't Prosecute
DOJ Head Holder How should
we say this: we are shocked, shocked, that the DOJ
won't prosecute itself. BREAKING: DOJ says it won't prosecute Attorney General Holder
after the GOP-led House voted to hold him in criminal contempt of Congress
– Fox see also, http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm House could
arrest Holder with inherent contempt power The Washington
Times | The thought is shocking, and conjures up a Hollywood-ready
standoff scene between House police and the FBI agents. { Eh, what the heck…you can let that
go…they’re hoodied blacks, not white like Nixon, etc…; and, be sure to hold on
to your wallets, purses everyone ‘cause there’s black folk in the capital! }
FLASHBACK NYT: Roberts drugs 'can have troubling side
effects, mental slowing and forgetfulness'... { Wow! Who woulda
thunk it, known it! I certainly didn’t know of roberts’ condition. And, yes,
the effects of said drugs are significant, serious as set forth above and over
time particularly, debilitating. Roberts should step down, not that the u.s.
supreme court is some font of reason, sound judgment, and wisdom, even
lawfulness. Indeed, quite the contrary is true: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
Sorry Bulls, The Fed Will Not
Engage in More QE. Http://albertpeia.com/nomoreqe.htm
The Largest Natural Disaster
In U.S. History: The Endless Drought Of 2012 Will Bake America Well Into August http://albertpeia.com/bakedamerica.htm
7-13-12 Dave’s
Daily: http://www.etfdigest.com
http://etfdigest.com/commentary.html FRIDAY THE
13TH BAD NEWS BULLS 7-13-12 { I’d go even further than Dave in terms of cynicism and
point to what is tantamount to the ‘pump and dumps’, programmed ‘churn and earn’, ponzis, etc., and posit that they already know the
news is going to be bad because the reality is that the economy, financial
institutions sitting on worthless paper marked to anything with many trillions
in derivatives exposure, the nation, the system are all broke/broken and it’s merely
their attempt in their fraudulent ‘alice in wonderland’ way to condition the Pavlov dogs of wall street et
als to salivate on the prospect of bad news which is coming anyway. The fact
is, fraudulent wall street’s paper churning gains by way of QE are Main Street’s and the
real economy’s losses. There are no free lunches; so this is a
great opportunity to sell/take profits since there’s much,
much worse to come. Really! } ‘Fed voting
member Lockhart was quoted saying: “It would take more bad news for more QE”. The bad
news keeps on coming and bulls are anxious for QE since for many they’re addicted
to it. Friday the 13th was a good demonstration for the “bad news
bulls” crowd.
Most news was terrible. Even JP Morgan’s (JOM) earnings news was bizarre given trading
losses and incompetent management oversight. But there are some big players
with skin in the game so they’ll take what they can get.Consumer Sentiment missed
and was lower (72 vs 73.5 expected & prior 73.2). That’s the kind
of news Lacker and bulls need more of I guess. In this ongoing Alice in
Wonderland environment it then shouldn’t surprise that Consumer Discretionary (XLY) stocks
were higher. The PPI was also higher .1% vs -.4% expected & prior -1%)
which surprised many especially as the “core” rate came in at .2%. News from China indicated GDP
fell more than expected (7.6% vs 7.7% expected & prior 8.1%). Of course
this is respectable for most economies but not for China. Bulls expect massive
stimulus from the PBOC.The Bank of England (BOE) is in QE mode now and perhaps
Bank of Japan (BOJ) is said to follow. Stimulus is nothing new to Japan where
the government has tried all manner of Krugman-like stimulus packages over the
past 22 years. None have worked.In the U.S. QE and ZIRP has boosted stock
prices ephemerally but has done little to lift employment or the economy. So,
does doing the same thing over and over again without success make sense? It
does for short-term trading desk and hedge fund profits—that’s all you
really need to know. You’ll recall yesterday the NY Fed issued a report
stating plainly the result of their recent policies is why the S&P is at
1300 vs 600 where it would be without this help. (By the way, Jamie Dimon is a
director of the NY Fed.).Stocks (led by banks KBE & etc), commodities, and
even the euro were strong as this out of the blue rally demonstrates. It’s hard to
short when the Fed is hovering above and dangling more hints of QE-crack for
the permabulls and HFTs. The only sector to experience some downside was bonds
(IEF). Pick any other sector and it was only question of how much they rallied.
Most pundits groped for details to explain the rally with comments like: “The
confidence number was off some but still way off the bottom” and “…you
eventually have to put some money to work” and “…some will point to China as providing more stimulus” and Warren
Buffett has been trotted out to the media two days in row talking his book.
And, so it goes. This day was reminiscent of the other out of the blue quarter
end rally in June. That said, we’re long in
portfolios around 40% with the balance in “cash”.Breaking: Late Friday news dump is Visa &
Mastercard have reached a $7.25 billion settlement for overcharges with
retailers.Volume was incredibly light but breadth per the WSJ was positive
naturally. (It’s hard to trust a rally based on such little volume
frankly.)…’ , 27 Things That Every American
Should Know About The National Debt
http://albertpeia.com/27thingsamericansshouldknowaboutnationaldebt.htm , Guest Post: Are Treasuries The
Worst Investment In The World?
ZeroHedge.com Tyler Durden Lots of people have made good profits on
Treasuries by buying them and flipping them to a greater fool or a central
bank. On the other hand, so did many during the NASDAQ bubble, or during the ’00s ABS
bubble. Bubbles are profitable for some, and that’s why there
have been so many throughout history. But once the money starts to dry up they
become excruciatingly painful. In theory, there are no limits to how low rates
could go. In theory, nominal yields could go deeply negative, so long as there
are buyers coming into the market ready to buy at a lower rate, and a push a
profit to bond flippers. The inherent value in a bond is its yield;
everything else is speculation. It is hard to really call the timing
on the end of a bubble. People and events can always get more
irrational. Japan has kept the Treasury ball (painfully) rolling for
far longer than most of us expected (through market rigging as much as anything else).
But this cannot end well. , Ben Bernanke Has Created The
Ultimate Bondsy Scheme
, Low Volume Squeeze Takes
Stocks To Green On Week
S&P 500 e-mini futures (ES) traded up to almost perfectly recapture
their 415ET close from last Friday after a 15-point, 30-minute ramp out
of the gates at the US day-session open recouped five days of losses -
as once again - we go nowhere quickly. Just for clarity: China GDP
disappointed and provided no signal for massive stimulus; JPM announced bigger
than expected losses, cheating on CDS marks, and exposed just how large their
CIO was relative to income; Consumer sentiment printed at its worst this year;
and QE-crimping inflation printed hotter than expectations - and we get a
more-than-30 point rally in the S&P. Whether the fuel was JPM squeeze or
another big European bank biting the liquidity dust and repatriating cajillions
of EUR to cover costs (or Austria needing some cash for a debt payment), what
was clear was equity market's outperformance of every other asset class - with
the late day surge for a green weekly close particularly noteworthy. Apart from
unch on the week, ES also managed to close right at its 50DMA, revert up to
credit's less sanguine behavior intra-week, and up to VIX's relative
outpeformance on the week (as VIX ended the week with its steepest
term-structure in over 4 months). Treasuries ended the week 6-9bps
lower in yield at the long-end (2-3bps at the short end) but the USD's
plunge, on the absolute rampfest in EURUSD, took it back to unch for the week.
Despite the USD unch-ness, Oil and Copper surged (on
the day to help the week) up 2.5-3% on the week while even Gold and
Silver managed a high beta performance ending the week up around 0.5%. ES
ended the day notably rich to broad risk assets - and wil need some
more weakness in TSYs and carry crosses to extend this - for now, the steepness
of the volatility slope, velocity of squeeze, and richness of stocks to risk
makes us a little nervous carrying longs here.
, One Explanation For Today's
Irrational Exuberance Since
the EU-Summit, US and European equity markets have (in general) outperformed.
From being in sync before the Summit, US equities went into
the weekend with a sell-off, which then spurred a short-squeeze push as the
S&P 500 was over-exuberant (relative to European equities) on the way up at
the start of last week. That cracked back to reality at the end of last week -
squeezing the over-levered longs to a significant underperformance relative to
European equities. It would appear that in the last 24 hours, US
equities are now rallying back to that European 'surreality'. Surreal
because European stocks remain dramatically exuberant relative to European
(peripheral spreads unch and AAA massively bid) and US (Treasuries bid) bonds
and European corporate and financial credit. As we stand, the S&P
500 has retraced back to Europe's 'fair' perspective.
Submitted by Tyler Durden on 07/13/2012
"I have committed fraud. For
this I feel constant and intense guilt...
The forgeries started nearly twenty
years ago...
Should I go out of business or cheat...
I guess my ego was too big to
admit failure..."
Submitted by Tyler Durden on 07/13/2012
UPDATE: Suicide
note details added:
While unable to successfully kill himself, it appears
the CEO of PFGBest is even less successful at evading the police. As just
reported,
What is probably more concerning to him now is the
fact that he was not a Presidential bundler - as the Big House
is definitely calling...
U.S.
investigates whether JPMorgan traders hid losses [ Duh! ]
Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White
House on weak jobs report: Don’t ‘read too much’ into it Olivier Knox, Yahoo! News { Riiiiight! Sounds like a plan! After all,
wobama’s gotten’ by on b***s*** and ‘special consideration’ alone, never having
done anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate Democrats voted against
sending the DREAM Act to the Senate floor for full consideration. The bill
would have created a path to citizenship for many young illegal immigrants
brought to the United States as children. Last week, Obama announced plans to
stop deporting illegal immigrants who would have qualified for the DREAM Act.
The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were optimal
for those who put their trust in him. For those who put their trust in proven
failure wobama, all they have to show for such misplaced trust are broken
campaign promises, now insurmountable record deficit spending exceeding all the
presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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://albertpeia.com/12factorsamericancitieshellholes.htm
7-12-12 Two Myths That the Bulls
Continue to Cling To Were Just Rendered Moot http://albertpeia.com/twobullmythsnowmoot.htm , Dustbowl:
U.S. declares drought largest disaster area ever , Jobless
claims fall as plants put off retooling ‘…A Labor
Department official said the data, which is adjusted to account for normal
seasonal swings, may have been skewed because some automakers postponed annual
closures for retooling. That means the temporary layoffs for retooling may have
simply been postponed…’ , Dave’s Daily: http://www.etfdigest.com INVESTORS BIDE TIME AHEAD OF EARNINGS 7-12-12
‘Jobless Claims surprised (350K vs 375K expected &
prior claim revised higher to 376K) which was a refreshing change. But, the
week was interrupted by July 4th Holiday which as an important
occasion may have more than a one day effect. Then there were the massive and
lingering power outages on much of the mid-Atlantic region. So next week’s data
should be more revealing. Overseas markets were much lower on a hangover from
Fed Minutes which didn’t offer bulls what they wanted. In fact, the end of
quarter “eurozone is fixed” rally has been undone. In China and with GDP now at
7.7% (low by their standards) from 8.1% things look grim. In fact, Chinese
leadership is more concerned with balancing more easing against an ongoing
housing bubble—good luck with that.Another U.S. Treasury bond
auction for the 30-year bond yielded 2.58% (TLT comparable) which is a stunning
number given the duration risk investors must assume. Remember, there are large
pension plans and other institutions that have a set allocation to bonds.
Insurance companies generally must buy these maturities to meet actuarial
tables and so forth. But you as a retail investor or financial advisor don’t have to
participate. You might do as well or better, sans the duration risk, with an
insured CD. As a side note, while this happy little auction occurred the U.S.
budget deficit passed $900 billion as of June; but, we don’t want to
talk about that do we? Imagine if interest rates were higher on our bonds how
quickly we would collapse as a nation; but, again, we don’t want to
talk about that either.The DJIA (DIA) was lifted higher at mid-day after
William Ackman announced he had been accumulating a large stake in Procter
& Gamble (PG). That caused the stock to rally at one point over 4% lifting
the price-weighted index and the defensive Consumer Staples ETF (XLP).
(Naturally, algos and HFTs have any DJIA heavyweight programmed as trigger to
rock and roll.) Not so lucky in the sector was a (gulp!) 50% decline in
SuperValu (SVU) shares which are also a weight (not too heavily now) in
Consumer Staples. Nevertheless, the DJIA is what Main Street seems obsessed
with generally and a day like today can be misleading.Meanwhile the Midwest
drought continues to destroy crops causing grains and other agricultural
products to gain in price once again (JJG) & (DBA). These products
continued to rise despite another small rally in the dollar (UUP) as the
eurozone remains “unfixed”. Base metals like copper (JJC) and precious metals
like gold (GLD) continued to slump. Energy (USO) & (UGA) continued to
advance modestly as the U.S. adds a greater presence to prevent any disruption
in the Straits of Hormuz. This is part of the cost of having no coherent or
effective energy policy in the U.S. since the mid 1970s - lots of folks to
blame there, eh?Stock markets are about supply and demand like most others and
despite the growth of assets in ETFs (mostly bonds lately) the money-flow to
mutual funds continues to be negative. Below is a chart from Zero Hedge
reflecting several years of negativity. So with redemption rates obviously
higher, fund managers have little in the way of cash for fresh investments.
When they sit down each morning they’re given a number of fresh cash demands from
overnight redemption requests. Ultimately this is bearish naturally.With
markets deeply in the red early the Ackman announcement was all bulls needed to
get things reversed to the upside. Basically we’re just marking time before more earnings and data
are released to either support bulls or bears. We’ll start to
see some important reports from financial and banks beginning. JP Morgan (JPM)
is on tap for Friday morning. This report will be much watched (not to mention
manipulated…snicker) regarding recent trading losses, Libor
involvement if any and their outlook. It should be a market mover.One of the
most interesting stories of the day came late when a report from the Federal Reserve Bank of NY
suggested that without Fed help the stock market would be 50% lower. This then
is self-explanatory. Stocks closed Thursday’s session lower but well off their lows. Volume was
lower by recent periods and breadth per the WSJ was negative…’ , Dow Down Six-In-A-Row As QE-On
Hopes Fade Into Close
ZeroHedge.com Tyler Durden Despite miraculous efforts to find the right
fulcrum security to pressure stocks into the green for the day, equities end
the day notably in the red after cracking (once again on heavy volume and large
average trade size) into the close. Reverting as usual back to VWAP, the market
was typically manic today with two significant QE-on pushes
(Treasury yields lower as Stocks/Gold rallied with USD weakness) after the
better-than-expected 30Y auction ended badly for stocks as it reverted rapidly
back down to bond's reality into the close. Once again very close to record low
yields in Treasuries - with 30Y yield down over 10bps on the week.
Initial bids under Silver (which reverted up to perfectly sync with Copper on
the week) and then WTI (over $86, post further sanctions) provided some
correlated excitement for stocks but it was clear once again that the low
volume liftathon was an exit opportunity for bigger players with financials
and tech notably underperforming. Average volume and average trade
size on the day in aggregate but the European close rally monkey just ran out
of steam as 'size' stepped in to move ES down to its 50DMA and the Dow near its
200DMA to ends it sixth down day in a row.
, Guest Post: The Race for
Energy Resources Just Got Hotter , US June Deficit: $60 Billion,
$17 Billion Worse Than Prior Year , The Chronology Of A Collapse:
Santelli's Primer On The PFG Debacle , NYSE Short Interest Plunges By
Most Since January, As Equity Outflows Hit One Month High { Remember, short
interest is a contrarian indicator inasmuch as it’s
indicative of prospective short covering which fuels/exaggerates rallies,
however unfounded. } , Dummies Guide To Europe's
Ever-Increasing Jumble Of Acronyms , Here Come The Libor Liability
Estimates Just as we noted here, the
analyst estimates for the potential impact of Libor (litigation and regulatory)
liabilities have begun. Morgan Stanley sees up to a 17% hit to 2012 EPS
(from $420 to $847 million per bank) in a worst case from just regulatory costs,
and a further 6.8% potential hit to 2013 EPS if the top-down $400
million average per banks losses from litigation are taken on one year
(considerably more if the bottom-up numbers of more than $1 billion are
included). They see LIBOR risk in three parts: regulatory fines (we est median
7-12% hit to ‘12 EPS; litigation risk (7% EPS hit over 2 yrs); and
less certainty on forward earnings. There are a plethora of assumptions - as
one would expect - but the ranges of potential regulatory fine and litigation
risk are very large though the MS analysts make the greater point that the
LIBOR 'fixing' broadens investor support for more transparency in fixed income
trading in addition to fixed income clearing leaving the threat of
thinner margins as another investor concern. , Europe's Equities Catch-Down
To Credit , Head Of GM Europe Steps Down , Jim Grant Discusses The Fed's
'Backward Shooting Gun', And Black Walnut Tree Treasury Replacements , Clarifying The Entirely
Unremarkable Shift In ECB Deposits , $10 Billion Away From $10
Trillion According to the just released M2 update, the
broadest publicly tracked monetary aggregate (because the Fed doesn't have
enough money to keep track of M3) just hit $9,991.5 billion, a $43
billion increase from last week. In other words, this is the last week
in which M2 is under $10 trillion. So enjoy it while the "complete lack of
penetration" of the monetary base into broader monetary aggregates, and of
the Fed's reserves so tightly locked up in bank vaults, is still only 13 digits
(most of it comprising of bank deposits which of course represent no
inflationary threat at all). Next week it will be a record 14 digits for the
first time, and well on its way to surpassing the $15 trillion held in the
deposit-free shadow banking system as the importance (and inflationary
convexity) of the two is rapidly interchanged.
, Citi: "The Market Will
Form A 'Terminal' High"
, Guest Post: Middle Class?
Here's What's Destroying Your Future In broad brush,
financialization enabled the explosive rise of politically dominant cartels
(crony capitalism) that reap profits from graft, legalized fraud, embezzlement,
collusion, price-fixing, misrepresentation of risk, shadow systems of
governance, and the use of phantom assets as collateral. This systemic
allocation of resources and the national income to serve their interests also
serves the interests of the protected fiefdoms of the State that enable and
protect the parasitic sectors of the economy. The productive, efficient private
sectors of the economy are, in effect, subsidizing the most inefficient,
unproductive parts of the economy. Productivity has been siphoned off to
financialized corporate profits, politically powerful cartels, and bloated
State fiefdoms. The current attempts to “restart growth” via the same old financialization tricks of more
debt, more leverage, and more speculative excess backstopped by a captured
Central State are failing. Neofeudal financialization and unproductive
State/private vested interests have bled the middle class dry.
http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Obama
administration repeats same jobs line — for the 30th month
Dave’s
Daily: http://www.etfdigest.com
VOLATILE HOLIDAY WEEK 7-6-12 ‘The
vacation and volume reduced week was anything but peaceful. All things
considered, the roller coaster ride continues. Friday’s
employment report induced sell-off was interesting given two things: either a
plea for more QE now or just a confirmation of descending economic conditions.
As to the former, the Bank of England is engaging in more QE with little in the
way of positive impact. Therefore, perhaps more QE from the Fed may have little
impact beyond an initial cheer. After all, 2.5 swings at the problem haven’t helped at
all. China was cutting interest rates this week and so too was European Central
Bank (ECB). And, how’s that going? Not so well.Economic data beyond a poor
employment report (80K jobs vs 90K expected & the unemployment rate
remained @ 8.2%). The underemployment rate increased slightly (14.9$ vs 14.8%
previous) indicates more people out of work. Further most new jobs were for
part-time help. Early in the week the all important ISM Mfg Data cratered (49.7
vs 53.5 previous) meaning the economy is weakening rapidly.Bailout success in
the eurozone has once again become “unfixed” as squabbling over restructuring and extensions are
the order of the day and week. Meanwhile as Spanish yields soared once again
most citizens would rather focus on the running of the bulls in Pamplona—out of
sight, out of mind.Earnings will start rolling out next week and we’ve seen
estimates being rapidly reduced by analysts perhaps cynically allowing for some
beats.The bottom line in the U.S. and globally is conditions are deteriorating
and for most just suck.U.S. stocks for the week were only slightly lower
dependent on the major index viewed. As the DJIA (DIA) was hitting its 50 day
moving average a story appeared in the WSJ indicating the
Fed is contemplating and deliberating more QE. That leak led to some late day
buying. Leading U.S. sectors remain REITS (IYR), homebuilders (ITB) and
biotechnology (XBI). Bonds (IEF) continued to rally as did the dollar (UUP)
against the euro (FXE) and Swiss Franc (FXF). The Swiss for example are
fighting furiously to maintain the recent peg to the euro as inflows there
continue mostly from southern European countries. Commodity prices (USO),
(DBC), (GLD), and (JJC) fell as the dollar’s strength knocked prices lower.Given the holiday and
half day trading Tuesday volume overall remains light. Most investors were
phoning their orders if they were trading at all. Breadth per the WSJ was quite
negative…’
http://albertpeia.com/neverenoughjobsinamericaagain.htm
http://albertpeia.com/10waysobamakillingjobsinamerica.htm
July 5,
2012 By gpc1981 http://albertpeia.com/germanywillbailoneuro.htm
You've Seen It Before, And
Here It Is Again: "The Chart That Tears Apart The Stimulus Package" ZeroHedge.com Tyler Durden ‘…"QE 2 Was A Disaster: Here Is
Why US Fiscal "Stimulus" Was A Complete Failure As Well",
because, well, QE2 was a disaster…’
, Equities Close Week Red Even
As Hilsenrath Prevents Rout
‘A 10 point rally off the lows,
thanks to a well-timed Hilsenrath-rumor, dragged stocks up to their day-session
opening levels (and unsurprisingly perfectly to VWAP)…’ , Class Action Lawsuit Filed
Against GM For Channel Stuffing
, Spain May Not Be Uganda, But
Will America Soon Be Argentina?
, The Four Scariest Charts For
Hope-Filled 'De-Cuppers'
, European Money Market Industry
Shutting Down As Goldman Closes MM Fund, Says In "Unchartered
Territory" , Guest Post: Border Controls
Are Back In Europe
, Have Banks Been Manipulating
Libor for DECADES?
Posted by : George Washington Post date: 07/06/2012
- 18:03 Regulators Say Libor Manipulation
Started in 2005 ... But Industry Veteran Closely Involved in the Libor Process
Says that the Rate Has Been Manipulated for 15 Years
7-5,3-12 The Biggest Financial Scandal
In History? http://albertpeia.com/anotherbiggestfinancialscandal.htm
‘We always
knew that the financial markets were rigged, but this is getting
ridiculous. It is now being alleged that 20 major banks have been
systematically fixing global interest rates for years. Barclays has
already been fined hundreds of millions of dollars for
manipulating Libor (the London Inter Bank Offered Rate). But Barclays
says that a whole bunch of other banks were doing this too. This is
shaping up to be the biggest financial scandal in history, and criminal
investigations have been launched on both sides of the Atlantic. What
those investigations are likely to uncover could shake the financial markets to
their very core. In the end, this scandal could absolutely devastate
confidence in the global financial system and it could potentially bring down a
number of major global banks. We have never seen anything quite like this
before.
What Is
Libor?
As mentioned before, Libor is the London Inter Bank
Offered Rate. A recent Washington Post article contained a pretty
good explanation of what that means....
In the simplest terms, LIBOR is the average interest
rate which banks in London are charging each other for borrowing. It’s
calculated by Thomson Reuters — the parent company of the Reuters
news agency — for the British Banking Association (BBA), a
trade association of banks and financial services companies.
Why Does
Libor Matter?
If you have a mortgage, a car loan or a credit card,
then there is a very good chance that Libor has affected your personal
finances. Libor has been a factor in the pricing of hundreds of trillions
of dollars of loans, securities and assets. The following is from a
recent article by Maureen Farrell....
These traders influenced the pricing of the London Interbank
Offered Rate or Libor, a benchmark that dictates the pricing of up to $800
trillion of securities (yes trillion)…’
Equities Fumble As Broke Banks
Mounting ZeroHedge.com Tyler Durden 7-5-12
, Thunder Road Report On The
Death March: Approaching A New Financial System , The Next Imminent Bailout:
Eminent Domain It seems that governmental efforts to save
the underwater and ineligible homeowner from his own fate are reaching fever
pitch. Not only do we hear today of the up
to $300mm in Agriculture Department Rural Housing
Service loans that may have financed ineligible projects or borrowers
with a high potential inability to repay the loans; but yesterday's WSJ reports
on the growing call for 'eminent-domain' powers to be used by
local government officials in California to stop the "housing
bust's public blight on their city". In yet another
get-out-of-jail-free card, the officials (helped by a friendly local hedge-fund
/ mortgage-provider) want to use the government's ability to forcibly acquire
property to remove underwater homes, restructure the mortgage (cut principal),
and hand back the home to the previously unable to pay dilemma-ridden
homeowner. As PIMCO's Scott Simon puts it: "I don't see how you
could find it anything other than appalling", as this would crush property
prices further and drive up borrowing costs. As we noted earlier,
until these mal-investments are marked to market, there will be no useful
growth in our credit-bound economy but transferring wealth to the 'mal'-investor
seems like a terrible idea. , 80% Of The World's Industrial
Activity Is Now Contracting
, Guest Post: Guess Who’s Bailing Out Bankrupt Western
Governments Now... Fourteen years ago during the Asian
financial crisis, Indonesia endured a currency collapse, a severe 2-year
recession, and an embarrassing IMF bailout. Western bureaucrats wagged their
fingers incessantly at Indonesia, lecturing the country about the dangers
of excess and fiscal irresponsibility. How sweet the irony is. In a stunning
rags-to-riches story, Indonesia contributed US$1 billion to the IMF last
week in order to help bail out bankrupt Western nations. Unlike Japan, the US,
and Europe — which all seem to think the answer to an
economic bust brought on by a debt-binge is to borrow and spend even
more money– Indonesia took its medicine when its economy
collapsed back in 1998. Ironically, US President Barack Obama spent some
of his childhood in this same suburb of Jakarta. Unfortunately, as he
pulls out all stops to cling to power for a second term, the kind of
tough decisions that could help the US emerge from its economic malaise
have no chance of being made. It’s the ENTIRE
system that’s the problem. And that goes for nearly every
Western, “free market,” democracy out
there.
Murdoch Dissatisfied With
"Weak" Romney, Allies Say http://albertpeia.com/senilepenalmurdoch.htm { Yeah; murdoch prefers the ‘tougher’ gay
choom gang banger wobama alternative. More cream pies in his face cries the
senile old media meister. Yeah; the majority of the electorate think just like
billionaire murdoch. Let’s not kid ourselves…murdoch’s totally gone…even the
wisdom of his company’s breakup/split into two companies is being seriously
questioned. …’ Murdoch wrote on Twitter. "Tough O Chicago pols ( Aah!
Riiiiight! Just want the country needs; crime, corruption, cook county
politics, capone/chicago style , hudson county/jersey city/newark,n.j. style,
etc.; … Even LA’s substantially better than that; and, make no mistake, as
‘wobama country’ LA’s pretty bad, etc.) …will be hard to beat unless he drops
old friends from team and hires some real pros’… First reality: He could hire
some real pros without dropping old friends…In the final analysis, even
americans will prove smart enough and not sufficiently self-destructive enough
and as such, will not embrace proven failure with more proven failure. People
must realize the magnitude of wobama’s failure and the unaffordable,
insurmountable expense of obfuscation: ‘…those who put their
trust in proven failure wobama, all they have to show for such misplaced trust
are broken campaign promises, now insurmountable record deficit spending
exceeding all the presidents since Eisenhower combined to obfuscate what
clearly has been wobama’s unequivocal failure...’ ( 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 ) America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … )
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate Democrats voted against
sending the DREAM Act to the Senate floor for full consideration. The bill
would have created a path to citizenship for many young illegal immigrants
brought to the United States as children. Last week, Obama announced plans to
stop deporting illegal immigrants who would have qualified for the DREAM Act.
The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
www.guardian.co.uk
›
Sep 9, 2008
– Rupert Murdoch may have
told his biographer that he favoured Barack Obama rather than Hillary Clinton
because he'll sell more papers but ...
www.huffingtonpost.com/.../new-york-post-endorses-mc_n_124730....
Sep 8, 2008
– Back in May, NewsCorp CEO Rupert Murdoch
admitted that he had "played a role" in the decision of the New York
Post (which he owns) to ...
finance.yahoo.com/.../Barack-Obama’s-Unlikely-Supporter-Rupert-'F...
May 29,
2008 – Murdoch's
not-quite-but-almost endorsement of Barack
Obama for ... Murdoch
added that after a long career in the Senate, McCain
had been ..., etc… ] }
CHICAGOLAND: 7-Year-Old Girl Gunned Down While Selling
Lemonade Outside Home... { An all too familiar sight in
crime/corruption ridden wobama-land-chicago! }
MCCONNELL: 'Sold to American people on a
deception'...
CURL: Gift to Romney... {
This may seem somewhat counterintuitive and a bit of a rationalization; but, it
is absolutely true. So true in fact, that wobama will come to be compared to
Pyrrhus of Ephyrus (W. Greece) since realization of what this legislation won’t
do for americans and the economy and what it actually does will not have the
galvanizing effect that striking the bill down would have had on voters who
were thinking ‘another free lunch from the government’ will save them (we all
now know better, no such thing). Yes, in somewhat European tradition, defacto
bankrupt america is keeping up with the (ie., rating agencies Egan) Joneses.
After all, we all know how well this European program model is working out for
Europe (and any other nation that’s tried it). In the final analysis, this and
such programs as the contraindicated bailouts for the unprosecuted frauds on
wall street, etc., will prove to be the ‘camel-back breaking’ moment for
america; and, a pyrrhic victory for the egregiously failed president wobama. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … }
HISTORIC: HOUSE VOTES HOLDER IN CONTEMPT...
DEM HOODIED BLACKS PLUS WALK OFF FLOOR...
{ In sum, to conclude,
though comfortably familiar to aussie murdoch, himself the product of penal
colony progeny in what has now tantamount to a global penal colony with inmates
running the institution/asylum, rupee the poopee is less comfortable with
fact/reality of his global irrelevance. Moreover, the inmates who neither see
nor hear are not children of a lesser God; but rather, children of a lesser
world. Lamentably for some as he, God has not nor ever will abolish capital
punishment with time of the essence. From a pragmatic and least
self-destructive perspective, realize that give enough rope to blacks, they
won’t hang themselves, they will hang you. That’s just the way they are and
wishing and hoping won’t change that predisposition. Quite simply, the blacks
are laughing at the foolish whites among other ‘rainbow’ colors:
PAPER: Obama's grandfather tortured by the British? A
fantasy (like most of the President's own memoir)... { http://albertpeia.com/wobamaschoomgangfantasy.htm }
ALL TRUTH PASSES THROUGH THREE STAGES. FIRST, IT IS
RIDICULED. SECOND, IT IS VIOLENTLY OPPOSED. THIRD, IT IS ACCEPTED AS BEING
SELF-EVIDENT.--ARTHUR SCHOPENHAUER , http://albertpeia.com/40piecesevidenceusdecline.htm
, http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm , http://albertpeia.com/50economicnumbersofuscollapse.htm , The Smartest Guys in the Room
Are Screaming "Get Out of the Markets!" Todd Harrison , It's Official: US Debt-To-GDP
Passes 100% Durden on 12/21/2011 , Mark Faber: "I Am
Convinced The Whole Derivatives Market Will Cease To Exist And Will Go To
Zero" Durden , Morgan Stanley On Why 2012
Will Be The "Payback" For Three Years Of "Miracles" And A
US Earnings Recession Durden on
12/23/2011 , Wall
Street's Biggest Blunders in 2011 By Simon Maierhofer
| ETFguide , Tough Year For Stocks, Gold
And Treasury ETFs Did Better
Forbes , 'OBVIOUSLY UNSERVICEABLE DEBT TO WEIGH ON STOCKS IN
2012’ http://www.bullfax.com/?q=node-obviously-unserviceable-debt-weigh-stocks-2012 12/23/2011 By Chris Ciovacco , My Christmas Cards Predict
"Eternal Conflict" And "Economic Disaster"
Forbes Robert Lenzner , A Very Scary Christmas And An
Incredibly Frightening New Year http://theeconomiccollapseblog.com , Interbank Markets Are Telling Investors To Sell The
Rally … Again http://www.bullseyemicrocaps.com/?p=30070
12-23-11, In 2011, The S&P Moved 877
Times For Every Point Of Change Durden on
12/23/2011 (Churning and earning by the frauds on wall street!) , Core Durable, Capital Goods
Orders Miss Despite Inventory Stuffing, To Push Q4 GDP Lower; Savings Rate
Declines Durden on
12/23/2011 So much for ending the year on a positive economic tone: today's November durable goods
number, while better than expected on a headline basis including volatile
transportation data coming at 3.8% on expectations of 2.2%, was a big
disappointment when looking at the core economic indicators such as Durables
ex-transportation and non-defense capital goods orders ex-transportation, both
of which missed IT
IS YOUR RESPONSIBILITY TO THINK. Q3 GDP: PROGNOSIS NEGATIVE http://community.tradeking.com/forum/categories/general/topics/8022-it-is-your-responsibility-to-think-q3-gdp-prognosis-negative/forum_posts by The Otter Way on
December 22, 2011 , IF A GLOBAL RECESSION IS NOT
LOOMING, THEN WHY ARE BAILOUTS FLYING AROUND AS IF THE END OF THE WORLD IS
COMING? http://www.theeconomiccollapseblog.com/archives/if-a-global-recession-is-not-looming-then-why-are-bailouts-flying-around-as-if-the-end-of-the-world-is-coming ‘I have learned that watching what people do is much more
important than listening to what they say. Back in 2008, financial
authorities in the United States insisted that everything was gone to be
okay. But we all know now that was a lie… , AP http://albertpeia.com - 12-22-11 - Well, here’s the story of
the fraud market in in a nutshell this day ‘YAHOO[BRIEFING.COM]: ‘…Shares of Micron
Technology (MU 6.41, +0.87) rallied 15.7% after the company released a
disappointing earnings report. The company announced a loss of $0.19 per share,
$0.09 worse than the Capital IQ Consensus Estimate while indicating revenues
rose 20.9% year/year to $2.09 billion. The revenues number fell short of the
consensus estimate of $2.12 billion…’ … oh riiiiight! … the ‘Christmas rally’ …
fraudulent wall street’s ‘giving spirit’ … as in self-serving greed as in prior
pre-crash frauds … , Dave’s Daily:
http://www.etfdigest.com
12-22-11 ‘Markets are being well managed by the bulls. Jobless Claims
data was about the same as previously, but frankly how much is from people
finding some seasonal work and those losing benefits? The GDP data at a measly
1.8% isn’t very encouraging for this period in a recovery—it should be more
like 4%. Just as troublesome as the GDP data was that per-capita disposable
income is now reported to have been shrinking at an annualized -1.9% rate
during the third quarter. That’s a very bad sign. But for now we could just
ignore all the poor earnings we’re seeing recently and go with “the beard” over
the next week. After all global monetary authorities have indicated they’re
ready to back up all too big to fail financial institutions. The Bernank
confirmed his Keynesian bona fides by telling Americans to stop saving and
start spending. http://i238.photobucket.com/albums/ff171/flyfry/new%20album/image004-78.jpg Our good friends at Consumer Metrics
have rendered their critical and thoughtful judgment on current economic and
consumer data.All the hoopla over a payroll tax cut extension amounts to $80
total. And, as Obama himself has pointed out, not doing this would negatively
affect Friday pizza nights—it’s pretty hilarious...’ , Final Q3 GDP Misses As
Personal Consumption Drops Big Durden on
12/22/2011 , PIMCO Releases 2012 Economic
Forecasts; Presenting The Wall Street 2011 Market Forecast Track Record
Durden on
12/22/2011 See chart (Note the understated inflation numbers and what will
prove to be overstated GDP numbers which are far from ‘real’ owing to debased
Weimar fiat currencies being printed like mad – they’ve all gone ‘fraudulent
americana’ with budding banana republics everywhere): http://albertpeia.com/cyclicaloutlookdec2011.png , Death By a Thousand Cuts ilene 12/22/2011 , The Weather Outside: Still
Frightful The Wall Street Journal , U.S. Economy Grew Less Than
Previously Estimated in Third Quarter Wall St. Cheat
Sheet , http://theeconomiccollapseblog.com If A Global Recession Is Not
Looming, Then Why Are Bailouts Flying Around As If The End Of The World Is
Coming? , Getting Worse: 40 Undeniable
Pieces Of Evidence That Show That America Is In Decline , 50 Economic Numbers From 2011
That Are Almost Too Crazy To Believe , The Collapse Of The Euro, The
Death Of The Euro And The End Of The Euro , Child Poverty In America Is
Absolutely EXPLODING – 16 Shocking Statistics That Will Break Your Heart
, Mega Fail: 17 Signs That The
European Financial System Is Heading For An Implosion Of Historic Proportions
, The Tim Tebow Comeback Story
Continues But There Will Be No Miracle Comebacks For The U.S. Economy
, Shocking Charts And Statistics
That Prove That America Is No Longer A Wealthy Nation , Greek "Voluntary"
Restructuring On Verge Of Collapse As Hedge Fund Vega Threatens To Sue Greece
For Excessive Haircut Durden , S&P Joins Moody's In
Downgrading Hungary To Junk, Outlook Negative - Full Note Durden , Guest Post: Legality Of MF
Global Asset Transfer Questioned Durden , Guest Post: Worse Than 2008 Durden , New Bill Authorizes Rendition
of American Citizens Living within the United States to Other Countries for
Torture Durden , Has the Global Economy Been
Zapped by ZIRP? (Zero
interest rate policies – Yes!) Minyanville Eugene Linden Dec
21, 2011 , NAR reduces recent home sales
index 14.3% Dec 21st, 2011 (HousingWire) , Realtors Lower 2007-2010
Home-Sales Estimates by 14% The Wall Street Journal , Getting Worse: 40 Undeniable
Pieces Of Evidence That Show That America Is In Decline The Economic
Collapse | December 21, 2011 http://albertpeia.com/40piecesevidenceusdecline.htm
, http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
, http://albertpeia.com/50economicnumbersofuscollapse.htm
, 3
REASONS TO FADE TODAY'S RALLY http://www.bullfax.com/?q=node-3-reasons-fade-todays-rally
12/20/2011 By Plan B Economics #1. There are about 19 million empty
homes in America…#2. The housing starts growth is massively skewed to
structures with 5 or more units…#3… Today's rally was fueled by vapor… , Oracle Misses Earnings, Sales
Estimates, Stock Tumbles The Wall Street Journal , Ten Reasons To Fear And Loathe
Markets In 2012
Forbes Robert Lenzner #1. European Sovereign Debt ..
#2. The ramification for the US from Europe is a reduction of
1% growth in US GDP.. #3. Continued pressure on the earnings and book
values of both European and US banks.. #4. Continued selling pressure on
the prices of key commodities.. #5. The imbecility of extending the
payroll tax deduction for only two more months.. #6. Residential housing market
still mightily impaired and not expected to recover for another 3 years.. #7.
Antipathy individual investor for long term equity investing.. #8. Expectation
reduction $1.2 trillion from US budget over next 10 years.. #9. Overall theme
of deflation, deleveraging can only mean lower asset prices.. #10.
Chance of social unrest in China, upheaval that affects move to consumer
economy, and lack of leadership from 10% of global economy.., We’ve Reached the End Game For
Central Bank Intervention http://gainspainscapital.com December 19th,
2011 , Derivatives group spent $674K
lobbying in Q3 AP , PORTER STANSBERRY OF STANSBERRY RESEARCHTHE CORRUPTION
OF AMERICA The numbers tell us America is in decline... if not
outright collapse. http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://www.albertpeia.com/stansberrysinvestmentadvisory.flv , Banks Will Still Be
Under-Capitalized, UBS Does The LTRO Math Durden on
12/21/2011 , Bill Gross: Enjoy The Santa
Rally - The Hangover Is Coming As "US Is Not An Island" Durden on 12/20/2011 , The Previously Unthinkable
Becomes A Planned Event testosteronepit
12/20/2011 At all levels: preparations for the collapse of the Eurozone. Even
the public is now encouraged to prepare for it. , Dave’s Daily: http://www.etfdigest.com ROBO SANTA SQUEEZES SHORTS December 20, 2011
, Speculation drives up food
prices as bankers gamble on hunger Guardian , Video Explanation Of How The
ESM Is Europe’s Uber-TARP On Steroids Zero Hedge , { Drudgereport: Investors Lose Faith in Stocks As Billions Pour Out of Funds...
, DANGER: Fed asks banks to keep more cash at hand...
, IMF: World economy at a 'very dangerous juncture'...
, FED-EX guy chucks package over fence -- a computer
monitor! , UK's AAA credit rating threatened by 'formidable
challenges'... , 'Miracle' if France keeps it... } , The Denouement From Europe's
Debts Won't End Well Forbes , STOCKS BOOM AFTER EUROPE
SOLVES NOTHING: Here's What You Need To Know Business Insider
, Early – ‘Response: The Summit
Is A Failure’ Durden 12/09/11 , Worries grow over IMF loans to Europe
WASHINGTON (Reuters) , Dave’s Daily http://www.etfdigest.com BIG BANKS HIT December 19, 2011 ‘There are some really odd things occurring
– the eurozone naturally leads the list. Italy and Spain will contribute funds
they don’t have to the IMF, which then in turn will lend it back to them.
That’s something sillier than a Ponzi scheme…’ , Minyanville's T3 Daily Recap:
Banks Lead Market Decline as Europe Discusses Break-Up Contingencies Minyanville , STOCKS SLIDE AND BANKS GETS
CRUSHED: Here's What You Need To Know Business Insider , Market Recap: Basel and Draghi
Drag Down Stocks Wall St. Cheat Sheet , Bureau Of Labor Statistics
Caught Red Handed Leaking Confidential Employment Data Durden on
12/19/2011 , Guest Post: Why Oil Prices Are
Killing the Economy Durden on 12/19/2011
, Bank of America Lists The
"Other" Risks For 2012 Durden on
12/19/2011 ‘..Bank of America has also put together yet another list of
"other" risks for 2012, which as BofA's Martin Mauro says, "have
persisted or become worse over the course of the year, but have escaped market
attention due to the spotlight on Europe." The risks .. i) Hard landing in
China; ii) Currency wars (competitive currency devaluation); iii) Middle East
oil supply shock and iv) Municipal default fears. The only thing we would add
is that these are not really risks, as they are all developing processes in
some stage of deterioration...’ , Gallup Finds Unemployment
Rises For Fourth Week In A Row, Cautions On BLS Data Durden on
12/19/2011 Gallup, which unlike
the BLS, does not fudge, Birth/Die, or seasonally adjust its data, has just
released its most recent (un)employment data.
And it's not pretty: for all those hoping that the Labor Participation Rate
fudge that managed to stun the world a few weeks ago with a major drop in the
November jobless rate, don't hold your breath. Gallup which constantly pools
30,000 people on a weekly basis, has found that for the past 4 weeks, both
underemployment and unemployment have risen for 4 weeks in a row. And while the
number of US workers "working part time and wanting full-time work"
one of the traditional short cuts to boosting US jobs has risen to almost a 2
year high, it is the Job Creation Index in December which plunged in the last
week, confirming that the Initial Claims data out of the BLS has been spurious
and is likely to revert back over 400k on short notice. In summary, here is how
Gallup debunks the BLS' propganda…’, A Quick And Dirty Look At
Japan's Nearly ¥1 Quadrillion In Debt Durden on
12/19/2011 , Santa Claus Is Not Coming to
Town, Says Technical Analyst (Bartels/Merrill Lynch) The Wall
Street Journal Gongloff ‘…Last
week the S&P 500 fell below its 50-day moving average, which is the new
level to watch — 1228. A failure to move above and hold the 50-day moving
average confirms to us that we have already begun to enter the phase of testing
the October lows near 1100-1074.This pattern is becoming eerily similar to 2008
into 2009. A base building process has been underway since August but we have
maintained the belief that the lows still need to be tested and undercuts to
985-935 are possible (50% probability) as part of this process…’ , ‘When "Positive Surprises" Are Surprisingly
Meaningless’ http://hussmanfunds.com/wmc/wmc111219.htm December 19,
2011 John P. Hussman,
Ph.D ‘... As
economist John Williams observes, "starting in
October, a divergence developed: Whereas year-to-year change in BLS estimated
payroll earnings continued at a more-or-less constant, positive level, tax
receipts fell quite markedly. Where the Treasury numbers reflect full
reporting, the BLS data are sampled, heavily modeled and usually heavily
revised. The implication is that the BLS has overstated average earnings and
payrolls meaningfully in recent months."… An important point here is that almost no current
investors have experienced this more typical 1970's-type market setback. When
one of these old fashioned but typical declines occurs, professional investors,
conditioned by our more recent ephemeral bear markets, will have a permanent
built-in expectation of an imminent recovery that will not come. "For the
record, Exhibit 1 shows what the S&P 500 might look like from today if it
followed the average flight path of the 10 burst bubbles described above. Not
very pretty." http://hussmanfunds.com/wmc/wmc111219c.jpg We can't disagree, though I also believe
there still remains some short-run ability of policymakers to distort market
forces, to badly misallocate capital in the process, and to wreck the economy
more thoroughly in the long-run… FACING A GLOBAL ECONOMIC DOWNTURN In the past
few months, our own measures of economic risk have remained persistently
unfavorable.. The OECD publishes its own set of leading economic indicators on
developed and developing countries. Notably, we've never observed deterioration
to the extent that we presently observe, except when the U.S. was in or
entering a recession. http://hussmanfunds.com/wmc/wmc111219d.gif
…’ , Psssst France: Here Is Why You
May Want To Cool It With The Britain Bashing - The UK's 950% Debt To GDP Durden 12/18/2011 While
certainly humorous, entertaining and very, very childish, the recent war of
words between France and Britain has the potential to become the worst thing to
ever happen to Europe. Actually, make that the world and modern civilization.
Why? Because while we sympathize with England, and are stunned by the immature
petulant response from France and its head banker Christian Noyer to the threat
of an imminent S&P downgrade of
its overblown AAA rating, the truth is that France is actually 100%
correct in telling the world to shift its attention from France and to Britain.
So why is this bad. Because as the chart below shows, if there is anything the
global financial system needs, is for the rating agencies, bond vigilantes, and
lastly, general public itself, to realize that the UK's consolidated debt
(non-financial, financial, government and household) to GDP is... just
under 1000%. That's right: the UK debt, when one adds to its
more tenable sovereign debt tranche all the other debt carried on UK books (and
thus making the transfer of private debt to the public balance sheet
impossible), is nearly ten times greater than the country's GDP…’ , Goldman's Take On TARGET2 And
How The Bundesbank Will Suffer Massive Losses If The Eurozone Fails Durden on 12/18/2011 Two weeks ago in "Has The Imploding European
Shadow Banking System Forced The Bundesbank To Prepare For Plan B?"
we suggested that according to recent fund flow data, "the
Bundesbank wants slowly and quietly out." , The MF Global Trade Is Not
Coming To (European) Town - Why The ECB's 3 Year LTRO Is The Latest Bailout
FlopDurden on
12/18/2011 On Friday, as the Eurobond market was briefly soaring, we attributed the move to
sentiment that was best captured by a note out of Morgan Stanley's govvie desk:
"The carry trade is happening, there is no doubt about it…,
Things That Make You Go Hmmm -
Such As Europe's "Comprehensive Solution" Durden on 12/18/11 Five months ago, Zero Hedge first
boiled down the math of the European bailout as follows: "The Fatal Flaw In Europe's
Second "Bazooka" Bailout: 82 Million Soon To Be Very Angry Germans,
Or How Euro Bailout #2 Could Cost Up To
56% Of German GDP." , Guest Post: America’s Iraq
Experience: Invasi-Eradicavi-Turbavi Durden on
12/18/2011 Julius Caesar undoubtedly
was showing off with his Veni-Vidi-Vici (I came, I saw, I conquered) when
referencing to his short war outside Zela (Zile) in Turkey over two millennia
ago. Similarly, if we were to use a short catchy-comment for the almost
nine years America has invested in its “Iraq Mission,” we would be on target by
condensing the US experience in also three Latin words, although not as melodic
this time: Invasi-Eradicavi-Turbavi which sadly stand for, I invaded, I
destroyed and I threw-into-chaos. No matter what the Pentagon and
White House tell us, the fiasco in Iraq likely stands as the most costly
mistake in America’s history, a true Keystone Kops type of political dark
comedy. And it wasn’t a bad or flawed decision by a singular moron or
group of morons – Bush the Younger, Sadist Cheney and Loquacious Rumsfeld
composing the original warpath triumvirate, together with two dozen equally
deranged staff of their inner circles. Unfortunately, this time Congress,
together with a brainwashed public, closed rank with an evil and criminal White
House. So, whether the American citizenry likes it or not… the Iraq
conflict wasn’t just Bush’s war, but “the peoples’ war,” a war with a dangerous
aftermath yet to come, one we’ll likely be paying for in the future with
additional blood and treasure. , Newspaper Chaired By Private
Equity Head Shockingly Endorses Mitt Romney For President; Ron Paul On Jay Leno Durden on
12/18/2011 A few hours ago the Des Moines Register threw its support behind
the Bain Capital founder, and the man now known to have actively destroyed any trace of
his public "service" before his 2007 Massachusettes office handover
(with a pending response to a Reuters FOIA, which will disclose just what it
was that Romney was so tenuously shredding)… , Graham Summers’ Weekly Market
Forecast (Deflation’s Back Edition)
http://gainspainscapital.com December
19th, 2011 The markets have entered a new round of deflation. The only asset
class that has yet to realize this is stocks… , Bank of
America 2012: The Worst is Yet to Come (TheStreet)
, 7 Reasons The S&P Will Close 2011 Below 1100 http://www.bullfax.com/?q=node-7-reasons-sp-will-close-2011-below-1100 12/16/2011 , DEBT IS ENDEMIC IN OUR
SYSTEM... AND THE DELEVERAGING WILL BE BRUTAL FOR BUSINESSES AND INVESTORS
ALIKE http://www.zerohedge.com/contributed/debt-endemic-our-system-and-deleveraging-will-be-brutal-businesses-and-investors-alike PCR 12/16/2011 ‘.. Again,
what’s happening in the US is NOT a garden-variety cyclical recession. It is a
STRUCTURAL SECULAR DEPRESSION. And the reason is that we are currently
witnessing the collapse of the greatest debt bubble of all time. Indeed, 2008
was the first round of this. We’re now heading into the second round in which
entire countries will go bust. Remember, stocks were the last to “get it” in
2008. They’re the last to “get it” today too. And when they finally DO “get
it,” (BUST)..’ , 50 Economic Numbers About The
US That Are "Almost Too Crazy To Believe" Durden 12/16/211 The
Economic Collapse Blog does a terrific job of periodically putting together a
compilation of the scariest data points about the US economy. , Moody's Takes S&P's Place
- Downgrades Belgium By Two Notches To Aa3 Durden , Net EUR Short Position Soars
To All Time Record, Implies "Fair Value" Of EURUSD Below 1.20, Or
Epic Short Squeeze Durden , Guest Post: Startling The
Global Community, Canada Withdraws From The Kyoto Convention Durden , Fitch Revises French Outlook
To Negative Durden , And The Euro Downgrade Hits
Just Keep On Coming, This Time Fitch PLACES BELGIUM, SPAIN,
ITALY, IRELAND, SLOVENIA AND CYPRUS ON RATING WATCH NEGATIVE Durden , Fitch places Belgium, Spain,
Slovenia, Italy, Ireland and Cyprus on rating watch negative. Dec
16th, 2011 (Fitch Ratings) , Swiss Join Suffering as Europe
Crisis Ripples Dec 16th, 2011 (Bloomberg) , SEC charges ex-Fannie, Freddie
CEOs with fraud , All Over the World, People Are
Yanking Money Out of Stock Funds The Wall Street
Journal , Richard (RJ) Eskow: Mr.
President, Stop Protecting Bankers From These Law Enforcement Officials
(The Huffington Post) , Obama’s Depression Stephen Lendman
| Obama wrecked America’s economy to save giant Wall Street banks. , Out of Chaos, Order: Now IMF
Seeks Collective, World Bail-Out of Europe (that would be good money
after bad and wouldn’t succeed anyway since as with america, there isn’t enough
real value to do so – not goin’ to happen) The Daily Bell , Census data: Half of U.S. poor
or low income AP , 50 Economic Numbers From 2011
That Are Almost Too Crazy To Believe The Economic Collapse , Downward Spiral Dec 16th, 2011 by News
BY MOHAMED EL-ERIAN (ForeignPolicy) — Europe entered the year with an acute
emergency in the periphery of the eurozone, the European Union’s elite
17-member club that shares a common currency. Misdiagnoses and inadequate
policy responses allowed the contamination to travel sequentially from the
outer reaches of the zone (Greece, Ireland, and Portugal) toward its inner
core.In this first of three morphings in 2011, Italy and Spain were disrupted
as interest rates soared, turning liquidity concerns into solvency ones. France
was then impacted, with its AAA rating threatened by its exposure to the
neighborhood’s problems. Then Germany, Europe’s strongest economy and the one
that everyone looks to for a solution, had to contend with the embarrassing
failure of a highly visible government debt auction. …These are consequential
developments whose impact will be felt for years, and the latter is not limited
to Europe. Virtually every country in the world is exposed. [source] , Class Warfare Blowback:
Majority Of Americans Want Obama Out Durden 12/16/11 , Current Events Summarized In
Brilliant Art George Washington 12/16/2011 A picture is worth a thousand
words [ View archived file: http://www.albertpeia.com/currenteventsinart.htm ]
, Corporate
warnings bode ill for earnings NEW YORK (Reuters) , Dave’s Daily: http://www.etfdigest.com
STOCKS UNDER A CLOUD OF DOUBT December 15, 2011 ‘Pundits keep talking things up
but who’s left to listen? We rallied initially on better economic data (below)
but there’s a dark cloud over the market and quadwitching is ahead Friday.
Adding to the uncertainty was influential Goldman Sachs strategist Jan Hatzius
who commented: "A reduction in the lending of foreign banks to U.S.
counterparties could have a meaningful impact on U.S. growth." He
continued to assert that ongoing upheavals in the eurozone could shave 1% off
U.S. GDP growth which frankly would put is in or near recession. And, per
Hatzius, Goldman Sachs estimates U.S. banks are exposed to (gulp!) $1.8
trillion of counterparty risk from euro banks. Funny thing Bernanke and Geithner didn’t mention this to us. Further, the OECD warned that
2012 will see a potential funding crisis for developed countries with (cough!)
$10.5 trillion in borrowing needs.Economic news was positive as Jobless Claims
were lower at 366K; however, inside the numbers things were somewhat worse.
Extended benefits increased by 322K and Continuing Claims rose to 3603K from
3583K which isn’t encouraging. One could subsume the report overall wasn’t that
great but, it’s about the headlines baby! Empire Mfg Survey increased to 9.53
from .61 which is positive. But again, inside the numbers Prices Paid 24.42
versus 18.29 compresses margins and is potentially inflationary. Speaking of
inflation, the PPI increased to .3% from -.3% previous…’ , The Fed's Intervention Didn't
Solve Anything... It Just Pushed the Collapse Back a Few Weeks by Phoenix Capital Research
on 12/15/2011 , Australian Banks Given One
Week To Prepare For European “Meltdown” Zero Hedge | This time
around, the warning is for real. , Must Read: Presenting The MF
Global Black Box: A Minute By Minute Breakdown Of The Doomed Broker's Last Week
On Earth
Durden on 12/15/2011 , Moody's Turns To Canada:
Ontario Outlook Revised To Negative, "Softening Economic Outlook"
Cited Durden , Revised EFSF Draft Shows
Italy, Spain Responsible For One Third Of European Bailout Funding Durden , Fitch Downgrades 8 Global
Banks Including BNP, SocGen, BofA, Deutsche, And Morgan Stanley Durden , China Export-Growth Officially
Slowing: Trade Deficit Coming?Durden , China trims holdings of US
Treasury debt Dec 15th, 2011 (AP) , US Industrial production -0.2%
in Nov, below market expectations of +0.2%, vs +0.7% in Oct; cap use 77.8%.
Dec 15th, 2011 , France Braces for Cut in AAA
Debt Rating as Noyer Takes a Swipe at Britain Dec 15th, 2011
(Bloomberg) , US initial jobless claims -19k
to 366k for week ended 10-Dec, well below market expectations, vs upward
revised 385k in previous week. USA GOLD , Fitch Downgrades a Bunch of
Banks, Including Bank of America and Goldman The Wall Street
Journal , Businesses Preparing for Higher
Costs in 2012 The Wall Street Journal , Financial Crimes Up 47% Since
'08 Crisis: FBI Forbes , Citi Near Term Stock Forecast:
9300 In The DJIA; 985 In The S&P; Sees Chart Analogs To Pre-World War
Periods
Durden 12/14/11 , Citi Predicts Gold At $3400 In
"The Next Two Years", Potential For Move As High As $6000 Durden , Game Theory Over: Bank Of
France's Noyer Says Britain Should Be Downgraded, Not France Durden , U.K. Unemployment Hits 17-Year
High Dec 14th, 2011 (The Wall Street Journal) , For Europe, Only Way Out Is to
Break Up: Kyle Bass Dec 14th, 2011 (CNBC) , 9 Reasons Europe's Crisis is
WorseningRon DeLegge-Editor , One in Three Money Managers
Sees Somebody Leaving the Euro Zone Next Year The Wall Street
Journal , Italy’s Borrowing Costs Hit
Euro-Era High Dec 14th, 2011 (The Wall Street Journal) , Market Recap: Stocks Decline
as Euro Drops Below $1.30 Wall St. Cheat Sheet , Existing Home Sales to Be
Revised Lower CNNMoney.com , Massive Downward Revisions
Imminent: National Association of Realtors Miscounted Millions Of Home Sales
Over Last Five Years Mac Slavo , Bailout Payback? Realtors
Double-Counted Home Sales For Last Five Years SadHillNews , Fitch Downgrades Credit
Agricole To A+, Outlook Stable Durden on
12/14/2011 , STOCKS SINK, OIL FALLS, GOLD
GETS KILLED: Here's What You Need To Know Business Insider Sam
Ro , Gold Tanks, Headwinds Mount
, Rewarding Henry Paulson's
Ethical Failures ETFguide Ron
DeLegge’ , Bernanke Is "Very
Concerned" About Europe, Won't Bail Out European Banks Durden , SEC Cops Want to Fight U.S.
Judge ‘…In his ruling, the New York judge denounced as
"pocket change" a penalty agreed to by Citigroup…’, Germany Preparing Plans For
Commerzbank Bail Out Durden on
12/14/2011 Following today's end of day rumor being a dud (and
non-existent due to the habituation nature of the market), the closing news is
more unpleasant than Europe would have liked to set the overnight mood, and
comes to us via the FT (yes, that FT), which states that, as long speculated
both here and elsewhere, "the German government has begun preparations for
a possible state bail-out of Commerzbank." , "Guantánamo
Forever?" - Congress Passes $662 Billion Defense Bill, Aka The NDAA Durden 12/14/11 Congress just passed the National
Defense Authorization Act in a 283-to-136 vote. 190 Republicans and 93
Democrats voted for; 43 Republicans and 93 Democrats voted "against."
Prepare to be arrested, without charge, simply because someone "up
there" believes you engage in "terroristy" stuff. Good luck
proving them wrong.(How totally and historically pathetic pervasively corrupt,
defacto bankrupt america’s become in its intractable decline and fall of historic
proportion!) , Presenting The Three
Unscripted Sentences That May Have Cost Jon Corzine His Freedom Durden 12/13/2011 , CME Executive Chairman Terry
Duffy Throws Jon Corzine Under The Bus, Implies The "Honorable"
Governor Lied Under Oath Durden , Europe Using US as Model to
Fix Debt Crisis: Bove Dec 13th, 2011 (CNBC) [Now you know they’re
done!] , Existing Home Sales Debacle,
As Larry 'Baghdad-Bob' Yun Confirms Overstatement Durden , The Real Unemployment Rate
Near 20% – Infowars Nightly News Infowars Nightly News | Aaron Dykes
breaks down the real unemployment figures that is killing the country and
economic growth that obama refuses to fix., All That Glitters…Will Not
Solve Europe’s Debt Woes Dec 13th, 2011 (The Wall Street Journal) , As Disenchantment With Idiocy
Surges, Ron Paul Support Soars Durden , EU Banks Selling ‘Crown
Jewels’ for Cash Dec 13th, 2011 (Bloomberg) , JP Morgan Stock Breaks Down On
News Company's Role As MF Global Lender To Be Probed Durden , MF's Corzine
said to know of customer fund misuse Reuters , FOMC:
Global Financial Markets Pose Downside Risk to U.S. Economic Outlook , RALLY COLLAPSES, GOLD AND
BANKS GET HAMMERED: Here's What You Need To KnowBusiness
Insider , Greece Apparently Even Worse
Off Than Realized, Hitting Euro, Stocks The Wall Street
Journal , “Big Brother is Eyeing Us –
For Good or Evil?” Durden , 17 Signs That The European
Financial System Is Heading For An Implosion Of Historic Proportions
The Economic Collapse 12/13/11 , Corzine testifies on fall of
MF Global (Washington Post) Corzine: It Was Those Darned
Robots WSJ [ Singing ‘the body electric’! Riiiiight! The
robots did it! Those churn-and-earn greedy robots! Damnable robots! They’re the
ones! Damn robots! Wow! Talk about criminally insane! ] … Wow! Just when you
thought you heard it all. This truly ranks with ‘my dog ate my homework’ and is
surely destined to become a classic. MF Global CEO Jon Corzine: ‘I
simply do not know where the money is’ Former U.S. senator, N.J.
governor .. (WP), Evolution Securities Warns Of
“Total Carnage And Meltdown” As European Bank Sales Of CDS On European
Sovereign Debt Soar Zero Hedge | As much as we hate to say it,
Europe is now without a shadow of a doubt the new AIG. , CFOs Less Optimistic About
2012 Growth The Wall
Street Journal , "The Inmates Don’t Know
It’s An Asylum" , Coming Collateral Crunch
Charted , The $30 Trillion
"Problem" At The Heart Of Shadow Banking - A Teaser Durden on
12/12/2011 , Algo Liftathon Saves The Day
But Financials Falter Durden , The European Death Spiral , French Downgrade - Even More
Likely Than Yesterday , Guest Post: Headwinds For
Housing , $32 Billion 3 Year Bond Prices
At Second Lowest Yield Ever, Highest Bid To Cover On Record , Richard Koo On Why Europe's
Austerity Will Cause Deflationary Spiral
Durden , Cashin On The Anniversary Of
Bank Of The United States’ Failure, The Start Of US Bank Runs And The Great
Depression Dec 12th, 2011 (UBS-via ZeroHedge) , Fitch Warning Shot Knocks
Stocks Lower The Wall Street Journal , STOCKS TANK AND EUROPE IS
STILL IN CRISIS: Here's What You Need To Know Business Insider
, Minyanville's T3 Daily Recap:
S&P Slips 1.5% on Euro Jitters, Ratings Warnings Minyanville , So Much For That Summit,
Markets Have No Faith In Euro Deal Forbes , Market Recap: Stocks Sharply
Lower on Doubt Over Europe’s Crisis Plan Wall St. Cheat
Sheet , Pain May Not Be Over for U.S.
Banks Reuters , SLOW MOTION CRASH DEVELOPING Dave’s Daily: http://www.etfdigest.com , Wall Street
tumbles on Europe, Intel's outlook (Reuters) , ETF Insider: Stay On The
DefenseETF Database , THE ROAD NOT TAKEN: GLOBAL
ECONOMY ON THE BRINK http://www.safehaven.com/article/23606/the-road-not-taken 12/10/2011 By David Knox Barker , The Tim Tebow Comeback Story
Continues But There Will Be No Miracle Comebacks For The U.S. Economy The Economic Collapse
December 12, 2011 , The Gold
"Rehypothecation" Unwind Begins: HSBC Sues MF Global Over Disputed
Ownership Of Physical Gold Durden 12/09/11 , Forget Europe… Germany’s Got
Its Own Problems to Deal With
http://gainspainscapital.com 12/09/11 , Bailout Total: $29.616
Trillion Dollars Dec 9th, 2011 (TheBigPicture) — There is a
fascinating new study coming out of the Levy Economics Institute of Bard
College. Its titled “$29,000,000,000,000: A Detailed Look at the Fed’s Bail-out
by Funding Facility and Recipient” by James Felkerson. , The Shriveling Middle Class In
California testosteronepit :
12/09/2011 California on the way to a banana republic. , Evolution Securities Warns Of
"Total Carnage And Meltdown" As European Bank Sales Of CDS On
European Sovereign Debt Soar Durden on
12/09/2011 , The Worldwide
Depression/Recession Of 2012
Econophile 12/08/11 Daily
Capitalist , Are Dim Sum Bonds The Next
Chinese Reverse Merger Fraud? Durden While
Draghi somewhat shut the door on the ECB being the lender of last resort today,
there appears to be a sucker-of-last-resort where Dim Sum bonds
(offshore/HK Yuan-denominated bonds) have seen issuance almost triple
in the first 11 months of the year , Risk Assets Deteriorating
Rapidly On Europe's SNAFU Durden , And Scene: Europe Agrees To
Disagree, Next Summit Date Set For March 2012 As David Cameron Kills Compromise Durden , STOCKS GET SLAMMED AFTER BIG
ECB DISAPPOINTMENT: Here's What You Need To Know Business
Insider 12-08-11 , Last Minute Summit Mutiny
Threatens The Future Of The Euro; And Why A Wholesale S&P Downgrade Of
Europe Will Be Devastating Durden A day
when everything that could go wrong for the euro and eurozone has just gotten
worse. , Europe Must Swallow ‘Bitter
Pill’ Dec 8th, 2011 (CNBC) The Misery Continues: Complete
November Hedge Fund Performance Durden , Fourth Time Is The Charm:
Texas Instruments Slashes Outlook... Again , Snapshot Of Pure Market Lunacy
, Guest Post: Another Reason for
Stocks To Tank In 2012: Jobs , Euro Crisis Will Only Get
Worse And Do Serious Damage To Investors Forbes Martin , Hope You Enjoyed That Run of
Happy Economic Surprises, Because It's Probably Over: Barclays
The Wall Street Journal , This Week's EU and ECB
Meetings Can't Fix Europe or US Stocks Minyanville Jeffrey
Miller Dec 08, 2011 , Corzine: It Was Those Darned
Robots The Wall Street Journal [ Singing ‘the body
electric’! Riiiiight! The robots did it! Those churn-and-earn greedy robots!
Damnable robots! They’re the ones! Damn robots! Wow! Talk about criminally
insane! ], SPX
Update: Market Still Looks To Be Forming a Top Jason Haver Dec 06, 2011 ‘In conclusion:
It remains a trader's market, as so far every break of important support or
resistance has led nowhere. I continue to favor the bearish short-term
resolution, as well as the bearish long- and medium-term views’ , 4 Reasons to be Bearish thetechnicaltake 12/07/11 .. resistance..
recession..intermarket headwinds..’ S&P Warns It May Cut Most
European Banks, European Union Itself Durden
on 12/07/11Not sure why the market is surprised by this, but it is. , Jump Risk Jumps After American
Bankruptcy, Sends Junk Plunging As Major Debt Refi Cliff Approaches Durden 12/07/11
, S&P At It Again, Warns EU,
Large Eurozone Banks of Downgrades Dec 7th, 2011 (Barron’s) , In Past Week Americans Pull
The Most Money From Stock Market Farce Since US Downgrade, Despite Market Surge
Durden 12/07/11 , Marc Faber: "I Have A
Very Special Stock Tip For You. The Symbol Is G-O-L-D" Durden 12/07/11 …considering the ridiculousness of the
market over the past two weeks when it has gone up on nothing but lies, Faber
just may have a point. , ‘No Way’ Europe Will Hold
Itself Together: CIO CNBC | “Europe is in a terminal phase of its
life.” , Europe Is Setting Itself Up
For A Decade-Long Recession Global Economic Intersection , Why The UK Trail Of The MF
Global Collapse May Have "Apocalyptic" Consequences For The Eurozone,
Canadian Banks, Jefferies And Everyone Else
Durden 12/07/11 In an oddly
prescient turn of events, yesterday we penned a post titled "Has The Imploding European
Shadow Banking System Forced The Bundesbank To Prepare For Plan B?"
in which we explained how it was not only the repo market, but the far broader
and massively unregulated shadow banking system in Europe that was becoming
thoroughly unhinged, and was manifesting itself in a complete "lock up
in interbank liquidity" and which, we speculated, is pressuring the
Bundesbank, which is well aware of what is going on behind the scenes, to
slowly back away from what will soon be an "apocalyptic" event , Read This and Tell Me Germany
Wants a Monetary Union 12-7-11 http://gainspainscapital.com ‘I’ve stated before that I fully believe
Germany will be leaving the Euro. , "This Time Will Not Be
Different": Interactive Chart Of Market Reactions To All Prior 2011
Eurozone Summits And Meetings Durden on 12/07/11
, Pivot Capital On China's
Investment Boom (And Pending Bust) Durden
12/07/11 , What’s wrong with this picture: Wall St
rises on EU summit hopes Asia climbs
ahead of European meetings [Riiiiight! Addicted to hopium? Déjà vu
all over again? This is beginning to be beyond ridiculous. There is no viable
solution beyond their disingenuously, meretriciously saying so amidst the
typical spin and b***s*** to froth the markets! ] , RALLY FIZZLES OUT AFTER HOT
RUMOR FROM EUROPE: Here's What You Need To Know Business
Insider ‘ The second day of Europe's hell
week was relatively quiet until another rumor sparked markets during
late trading. , S&P Puts 15 Euro Nations
on Downgrade Watch Wall St. Cheat Sheet ‘… The outlook
change is “disastrous for Europe”…’ , Is the Fed Leaking Again? http://gainspainscapital.com , S&P says EFSF could be
downgraded (Reuters) , Tremors from a euro collapse
would be global, with U.S. recession likely (Washington Post) , Bloomberg Fires Back At
Bernanke's Blustering Rebutall Durden ‘ It
appears 'It Is On' as Bloomberg offers its well-reasoned and eloquent response
to Mr. Bernanke's 'egregious errors' note to Congress.’ , Guest Post: A Very Subtle Form
Of Theft Durden ..Bernie Madoff .. ran
one of the largest private-sector Ponzi schemes in history and always heeded
the golden rule of financial scams: make sure your inflows are greater than
your outflows. He was finally done in when redemptions exceeded new
investments. He didn’t have enough cash to pay out investors, and he wasn’t
able to scam more people into paying in to the scheme. As a result, Madoff
finally had to admit that the whole thing was a total fraud. Governments around
the world are in similar situations right now with their own public sector
Ponzi schemes. Faced with failed auctions, declining demand, and rising yields,
politicians are having to resort to desperate measures. Like any good scam
artist, they’re appealing to the masses first; all over Europe, governments are
sponsoring new marketing campaigns suggesting that it’s people’s patriotic duty
to buy government debt. , Has The Imploding European
Shadow Banking System Forced The Bundesbank To Prepare For Plan B? Durden While much has been said about the vagaries in
the European repo market elsewhere, the truth is that the intraday variations
of assorted daily metrics thereof indicate three simple things: a scarcity of
quality assets that can be pledged at various monetary institutions in exchange
for cash or synthetic cash equivalents, a resulting lock up in interbank
liquidity, and above all, a gradual freeze of the shadow banking system..we may
be experiencing the attempt by the last safe European central bank - Buba - to
disintermediate itself from the slow motion trainwreck that is the European
shadow banking (first) and then traditional banking collapse (second and last).
Because as Lehman showed, it took the lock up of money markets - that stalwart
of shadow liabilities - to push the system over the edge, and require a
multi-trillion bailout from the true lender of last resort. The same thing is
happening now in Europe..’ , Layoffs
Watch ’11: Citi , Social Security 2011 – Another
Bad Year Krasting , HUGE RALLY CUT IN HALF AFTER
EUROZONE RATINGS BOMBSHELL: Here's What You Need To Know Business
Insider Sam Ro’ Europe's hell week begins
with new EU treaty proposals and reports of an S&P ratings action
bombshell…U.S. economic data was largely overlooked during this morning's
rally. The ISM
services number unexpectedly fell to 52.0, missing the expectation
of an increase to 53.9. This also compares to last month's number of
52.9. October
factory orders fell 0.4%, which was slightly worse than the 0.3%
decline expected. September factory orders were revised sharply lower…’
, Confirmed: Not Just AAA
Nations, but *All 17* Euro Nations to Be Put on Notice for Downgrade
The Wall Street Journal , Standard & Poor’s Puts
Ratings On Eurozone Sovereigns On CreditWatch With Negative Implications
Dec 5th, 2011 (Standard & Poor’s) , Graham Summers’ Weekly Market Forecast (Fade the Fed?
Edition) December 5th, 2011
‘Equities got giddy last week when the world’s central banks, lead by
the US Federal Reserve, lowered the global cost of borrowing Dollars.
Regardless of the market’s reaction, the whole thing smells of desperation and
quite frankly, everyone should be questioning the Fed’s move…The IMF, Bank of
England, and others have warned of a systemic collapse… do you think they’re
doing this for fun?Many investors will have their portfolios wiped out in the
coming carnage. It could be next week, or it could take place next year… but we
ARE heading into a Crisis that will be worse than 2008…’ , Gallup Finds Recent Job Boost
Due To "Temp And Part-Time" Hiring; Underemployment Greater Than
Prior YearDurden on
12/05/2011 While the BLS
unemployment number, fudged strategically to lower the denominator, or the
total labor force, may have come well better than expected (as somehow
miraculously ever more people find the shadow economy a more hospitable place
where to make their money and drop off the BLS roll forever) we once again go
to that trusty fallback, the monthly Gallup poll of underemployment. What we
find here is rather different from what the BLS, and the administration would
like us to believe, namely that "underemployment, a measure that combines
the percentage of workers who are unemployed with the percentage working part
time but wanting full-time work, is 18.1% in November, as measured by Gallup
without seasonal adjustment. That is up from 17.8% a month ago and
17.2% a year ago." Said simply, "many employers appear to
have chosen to hire part-time rather than full-time employees for this holiday
season." , Solyndra Schadenfreude As
Goldman Sachs Played Key RoleDurden on
12/05/2011 While we are not completely shy of saying we-told-you-so, in
the case of the players in Solyndra's fantastic rise and fall, we are more than
happy to. Back in September
we highlighted Goldman Sachs' key role in the financing rounds of the now
bankrupt solar company and this evening MarketWatch (and DowJones
VentureWire) delves deeper and highlights how the squid has
largely stayed out of the headlines (what's the opposite of
lime-light?) in this case despite its seemingly critical assistance and support
from inception to pre-destruction. Goldman's involvement in Solyndra,
and its lofty valuation projections, lent credibility to the company and helped
rouse investor interest and it was this private interest that was cited by DoE
officials as a considerable factor in its loan guarantee program. As
we said before, anywhere you look, Goldman has been there and left its mark...’
, The Black Friday Shopping
Hangover Is Coming: David Rosenberg Explains Durden on
12/05/2011 , Here Comes The S&P
Downgrade Barrage - Full Statement, In Which S&P Says France May Get Two
Notch DowngradeDurden on
12/05/2011 , Jeremy Grantham Releases The
Scariest Market Forecast YetDurden on
12/05/2011 , MUST SEE – Bernanke’s Stealth
Bailout For Wall Street Kept Secret From Congress Daily Bail
| Bernanke runs his own private dictatorship. , How The U.S. Will Become a 3rd
World Country (Part 2) Hera Research | The United
States is quickly coming to resemble a post industrial neo-3rd-world
country., SPX Update: Topping Again?
Minyanville Jason Haver Dec 02, 2011 ‘The market is giving several
signals that a top may be near… In conclusion, I remain medium and long term
bearish.’, Number of Jobless Without
Benefits Grows Dec 2nd, 2011 News ‘…The decline in
unemployment was driven in part by the disappearance of some 315,000 people
from the labor force. If they haven’t looked for work in the past four weeks,
they’re not counted as unemployed… the Labor Department estimated that as of
November, a seasonally adjusted 6.6 million people considered not in the labor
force actually did want work. That number was up 192,000 from October…’
Economy Creates 120,000 Jobs,
Rate Tumbles to 8.6% Dec 2nd, 2011 (CNBC)PG View:
Slate columnist Matt Yglesias tweeted this shortly after the jobs report came
out: “Decreasing unemployment by shrinking the labor force is not exactly
winning the future.” , How The U.S. Will Become a 3rd
World Country (Part 2) Durden on
12/02/2011 ‘The United States increasingly resembles a 3rd world country
in terms of unemployment, lack of economic opportunity, falling wages, growing
poverty and concentration of wealth, government debt, corporate influence over
government and weakening rule of law.’ , EUR Shorts Surge, Back To 17
Month Highs As Bearish Sentiment Returns
Durden 12/02/2011 , Bob Janjuah Explains Why The
Worst Is Still Ahead Of Us Durden 12/02/2011 ,
America To Go The Way Of The
Roman, British Empires Forbes Robert Lenzner, Forbes Staff
,
A Hedge Fund Insider Explains
Why Retail Investors Should Flee The Stock MarketDurden on 12/01/2011 ,THE MARKET IS MISREADING ECONOMIC DATA -- IT'S TIME TO GET SHORT http://www.bullfax.com/?q=node-market-misreading-economic-data-its-time-get-short 12/01/2011 The
Independent Investor , Chinese manufacturing activity
slows Dec 1st, 2011
(Financial Times) , US initial jobless claims +6k
to 402k for the week ended 25-Nov, above mearket expectations of 390k, vs
upward revised 396k in previous week. Dec 1st, 2011 , Another
Confirmation of the Solvency Crisis Masquerading as a Liquidity Problem Atlantic Capital Management Dec 01, 2011
‘The Federal Reserve is once again reaching into its controversial
"unconventional" toolkit -- meaning stocks are, for now, celebrating
the near meltdown of modern global banking. , SPX
Update: Ben Bernanke Lends Money, Saves the World? Jason Haver Dec 01, 2011 ‘At this point, despite the massive
three-day rally, there are still a few unanswered questions. I remain medium
and long term bearish, while the short-term picture has become a bit clouded.’
, What Does the Fed Know That We
Don’t? 12-01-11 The thought that should be on every investor’s mind
today is “Why did the Fed have to stage the coordinated intervention
yesterday?’Put another way, what exactly does the Fed
know that we don’t?The whole thing smells fishy to me. Aside from the
fact that the Fed clearly leaked its intentions as early as Monday night (hence
the reason stocks rallied while credit markets weakened), there’s something
peculiar about the fact the Fed chose to do this at the end of November. Why
November 30? Why not today or Tuesday?I think the answer is that the Fed
stepped in to help its institutional investor/ hedge fund buddies.’ BofA, Goldman Sachs, Citigroup
Credit Ratings Cut by S&P Nov 30th, 2011 (Bloomberg) , Planned layoffs surpass 2010
total CNNMoney | Cuts announced this year are up
13% overall. , The Easy Fix? Can Europe Print
Its Way Out of Trouble? ETFguide ‘the long-term outlook is as dark as night
inside the Grand Canyon…’ , Global Coordinated Desperation
and the December to Remember Breakdown Minyanville Michael
A. Gayed ‘With global central bank desperation (I mean coordination)
announced this morning and the big jump up in risk assets…’ , The Fed is So Predictable
Chris Celi
11/30/2011 The Fed is becoming a gigantic waste basket of bad assets. Waste
baskets do not have infinite capacity. Central Banks’ Latest Move
Shows Desperation George Washington 11/30/2011 Hey, at least a handful of Ben's
buddies will make a bundle ... Deflation is coming
South of Wall Street 11/30/2011 It isn't avoidable , Don't Be Foolish, Sell the
Next Key Level In the S&P 500 Forbes/Troccoli ‘http://blogs-images.forbes.com/thechartlab/files/2011/11/spafter.png , Wall Street Watch: S&P
Cutting Spree, Germany Faces RecessionWall St. Cheat Sheet , AN
UNCONVINCING RALLY http://www.istockanalyst.com/finance/story/5571238/an-unconvincing-rally By: Cam Hui , BANK DOWNGRADE RAMPAGE:
Goldman, Bank Of America, Morgan Stanley, Wells Fargo, And Citigroup Just Got
Cut By S&P Business Insider | Standard & Poor’s ratings
service just cut the ratings of Goldman Sachs, Bank of America, Morgan Stanley
and Citigroup from A to A-. , China Manufacturing Contracts
As New Export Orders See Biggest 2 Month Drop Since Dec2008
Durden 11/30/2011 -UPDATE:
HSBC China Manufacturing PMI prints at 47.7, deteriorating at fastest rate
(and lowest level) in 32 Months , Goldman On Today's Coordinated
Central Bank Bailout: "It Isn’t Enough To Save Anyone Or Solve
Averything" And "Why Now?" Durden
11/30/2011 , The Punch Line: "Crash
Test - Bracing For Breakup"Durden
11/30/2011 , For The First Time In History,
Fed Will Buy AND Sell Treasurys At The Same Time On Friday
Durden 11/30/2011 , Egan Jones Downgrades France
From AA- To A; Negative Watch, Sees Debt/GDP Rising From 91% to 117% By 2013Durden
11/30/2011 , Of Imminent Defaults And Self
Deception. Kyle Bass Prepares For The Worst
Durden 11/30/2011 In his latest
letter to LPs, Kyle Bass of Hayman Capital Management, offers
his tell-tale clarity on what may lie ahead for Europe and Japan.
With his over-arching thesis of debt saturation
becoming more plain to see around every corner, Bass bundles the simple (and
somewhat unarguable) facts of quantitative analysis with a qualitative
perspective on the cruel self-deception that we all see and read every day
about Europe.Whether it is Kahneman's "availability heuristic"
(wherein participants assess the probability of an event based on whether
relevant examples are cognitively "available"), the Pavlovian
pro-cyclicality of thought, or the extraordinary delusions of groupthink,
investors in today’s sovereign debt markets can't seem to envision the
consequences of a default. , Fed Economists Predict A 15
Year Bear Market For Stocks News (BusinessInsider) , http://www.economist.com/content/global_debt_clock
is ticking! ,
Senate Passes Bill Allowing
Indefinite Detention of Americans ... Considers Bill Authorizing More Torture George Washington : 11/29/2011 - 20:53 USA, USA, USA ...
Number One in ... cough ... Fascism ... cough , SPX
Update: Sell the Bounce Jason Haver Nov 29, 2011 ‘This bounce might not last long, and
new lows are expected to follow., BANK DOWNGRADE RAMPAGE:
Goldman, Bank Of America, Morgan Stanley, Wells Fargo, And Citigroup Just Got
Cut By S&P Business Insider | Standard & Poor’s ratings
service just cut the ratings of Goldman Sachs, Bank of America, Morgan Stanley
and Citigroup from A to A-. , Foreclosure Fraud | Lender Processing
Services Robo-signer Whisleblower Found Dead in Nevada 4closureFraud :
11/29/2011 , You Cannot Build a Financial
System on Rumors and Lies http://gainspainscapital.com November 30th, 2011 ‘This act is getting old.Almost every other
day we’re getting rumors about new bailouts and interventions in Europe. All of
these rumors turn out to be total lies as they are refuted usually within a day
and sometimes within a few hours.Case in point, stock futures erupted overnight
on Sunday on rumors that Italy would be getting a 600 billion euro bailout from
the IMF. Just a few hours later this story came out: IMF denies in
Italy aid talks…’ , Minyanville's T3 Daily Recap:
S&P Ekes Out Gain; Has the Oversold Bounce Run Its Course? Minyanville T3Live.com Nov 29,
2011 ‘Although we are significantly higher than Friday's close, the intraday
action has been extremely lackluster, suggesting that there is more downside to
come from here. , S&P Hits Biggest US Banks
With Credit Rating Downgrades http://albertpeia.com/s&previsedratingscriteria.htm WSJ Gongloff November 29, 2011 ,
Presenting Russell Napier's
Greatest Hits Durden 11/20/2011
‘...Russell Napier: the renowned
financial historian and consultant for CLSA, as well as author of the
engrossing Anatomy of the Bear,
who only together with Albert Edwards, has predicted that the S&P would eventually drop to 400…’
, Problem
With Germany And China: Who Bails Out The Bailers? Forbes / Addison Wiggin [‘.. Another downgrade of U.S. sovereign debt is a
“certainty,” he adds. “It’s only a matter of when.”..’ U.S. economic
conditions are “terrifying,” Mohamed El-Erian said yesterday..’ ]
Nouriel Roubini: Government
Gridlock ‘Ensures’ 2012 Recession Daily Ticker - Nov 23, 2011
, $707,568,901,000,000: How (And
Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In
6 Months Durden
11/26/11 , Nothing's
Changed: Italy and the December to Remember Breakdown Michael A. Gayed
Nov 28, 2011 , 2011 Looking a Lot Like 2008:
Technical Analyst The Wall Street Journal Shipman , New World Disorder - Watch the
Stock Market Ilene 11/27/2011 If the mid-summer sell signal of 2011
plays out similarly to the one in 2008, there may be a long, dramatic decline
straight ahead. , How the European End Game Will
Play Out November 29th, 2011 | http://gainspainscapital.com ‘With the European End Game now in sight,
the primary question that needs to be addressed is whether Europe will opt for
a period of massive deflation, massive inflation, or deflation followed by
inflation. , EURO FIX RUMORS November 28, 2011
Dave’s Daily:
http://www.etfdigest.com Markets rallied sharply on little hard news
Monday beyond rumors. , Britain's Foreign Office
Prepares For Riots In Europe; Sees Euro Collapse "When, Not If"
Durden , Stocks
Finish Monday Near Highs But Rally Looks Limp Forbes / Scott Redler , Fitch
Affirms US as AAA, But Cuts Outlook to Negative , The
desperation of Black Friday — Salon http://www.youtube.com/watch?v=jYeDRKB1RXw&feature=player_embedded#t=0s
‘...That is not a portrait of healthy economic activity. That is desperation,
pure and simple. The story of the woman who sprayed her fellow Xbox shoppers
with pepper spray is bad enough, but nothing quite captures what’s wrong with Black Friday
better than this Lord of the Flies-style barbaric waffle-maker anarchy…’ [Come On! Wake Up! More stores open,
earlier, larger loss leaders / markdowns, as desperate as the desperate
desperados who got their ‘shopping’ in early, at best. The spin is toal
b***s***! Even the great depression didn’t bespeak this great desperation! The
desperation of Black Friday — Salon http://www.youtube.com/watch?v=jYeDRKB1RXw&feature=player_embedded#t=0s
‘...That is not a portrait of healthy economic activity. That is desperation,
pure and simple. The story of the woman who sprayed her fellow Xbox shoppers
with pepper spray is bad enough, but nothing quite captures what’s wrong with Black Friday
better than this Lord of the Flies-style barbaric waffle-maker anarchy…’ Drudgereport: FITCH TURNS NEGATIVE ON US , Germany told it must act to save Europe…[ Who’s goin’
to save Germany? ]... , Impassioned plea for continent to avoid
'apocalypse'... , Warned of 'highly devastating outcomes'... , Just days until collapse? ] , Italian Bond Yields Doubled in
Latest Bond Auction Wall St. Cheat Sheet , Sliding
Incomes Threaten Consumer Spending , Moody’s Downgrades Hungary to
Junk Wall St. Cheat Sheet , Global Stock Markets Remain in
Structural Bear Markets Minyanville NextBigTrade.com Nov 25, 2011 , Euro on ‘Death Watch’ After
Investors Spurn German Bonds CNBC.com , Stocks Extend Longest Drop
Since 2008 on Debt Bloomberg , STOCKS GO NOWHERE AND EUROPE
GOES DEEPER INTO CHAOS: Here's What You Need To Know Business
Insider Sam Ro , The Global Economy is in Big
Trouble The Economic Collapse | The global economy is heading for a
massive amount of trouble in the months ahead , European Banks Frantically
Trying To Dump $7 Trillion Of Crap Assets — But No One Will Buy Them
Business Insider , European Bailout Time Of
Death: EFSF Cut In Half Due To “Market Conditions” Zero Hedge , Experts: ‘Euro to be Scrapped
within Months’ Nov 25th,
2011 (IBTimes) , S&P downgrades Belgium one
notch to AA+ citing financial sector risks. Outlook remains negative.
Nov 25th, 2011 , Guest Post: Just A Holiday
Reminder - Black Friday Is Utterly MeaninglessDurden , "Disastrous"
bond sale shakes confidence in Germany Reuters , Why Europe Will Result in
Systemic Risk November 23rd, 2011 ‘..These leverage levels alone position
Europe for a full-scale banking collapse on par with Lehman Brothers. Again,
I’m talking about Europe’s ENTIRE banking system collapsing.This is
not a question of “if,” it is a question of “when.”..’ , STOCKS GET SMOKED, EUROPE
BURNS, AND BANKS ARE STRESSED: Here's What You Need To Know http://www.businessinsider.com/closing-bell-23-2011-11 Sam Ro Business Insider , Euro Tumbles As JPM Predicts
ECB Rate Cut To 0.50%, “Deep Euro Area Recession” Zero Hedge , Euro on ‘Death Watch’ After
Investors Spurn German Bonds CNBC.com , Are
Parallels to the Great Depression Catching Up for Good? [ Short answer: Yes! And, in a new, modern,
and in light of insurmountable debt levels and fraud at lightning computerized
speed, a far more deleterious way. ]’.. Time is running out. Italian
10-year debt yields are once again above the sustainable level of 7%, while
Spain…’ , Euro crisis: The screw tightens — Free
Exchange , DATA
SUMMARY SHOWS THE US ECONOMY IS IN JEOPARDY [ Duh! Ya think? ] Jeff Harding Nov 23, 2011 ‘..I have what I
believe is a healthy skepticism about the reports from the multitude of federal
agencies that I follow on a regular basis. They are often revised and probably
understate the negatives. That is especially so with price inflation. Many of
the reports are in nominal numbers rather than adjusted for official price
inflation..’ , Goodnight Stocks: Waiting For
The Crash To Arrive
http://www.bullfax.com/?q=node-goodnight-stocks-waiting-crash-arrive By Eric Parnell 11/22/2011 , Spanish Bond Yields Surge to
Record HighWall St. Cheat Sheet , Germany Walks… or the EU Sees
a Domino Debt Collapse Followed by Systemic Failure http://gainspainscapital.com
November 22nd, 2011 , MF Global trustee says $1.2
billion missing from company Reuters | The shortfall of commodity
customer funds at MF Global Holdings Ltd may be around $1.2 billion. , Pimco’s El-Erian Says U.S.
Economic Setting ‘Terrifying’ Nov 22nd, 2011 (Bloomberg) , Deep economic pain ahead for
the U.S. and the world: Simon Hunt Nov 22nd, 2011 (HousingWire) , ‘The Sky Will Fall In’ for
Europe; US Key to Growth: Bank Chairman [ Which means: ‘They’re
doomed; ‘cause pervasively corrupt, defacto bankrupt america is an economic,
financial, and political basket case, at best!’ ] Nov 22nd, 2011 (CNBC) , TIME Asks Can the U.S. Federal
Reserve Help Save Europe’s Banks? TIME | The U.S. Federal Reserve
has been pumping billions of dollars into the European banking system in recent
weeks. [ Come on! Get real! Who’s going to save the fed? ] , Jim Grant: “Central Banks Are
Insolvent” Daily Bail | Holy insolvency Batman: the
ECB is leveraged 14 to 1, and the Fed is leveraged 100 to 1 , As the World Crumbles: the ECB
spins, FED smirks, and US Banks Pillage Nomi Prins , Stock Market Still Broken,
Technically The Wall Street Journal Steven Russolillo and Tomi Kilgore ‘The technical indicators are not looking
good for the stock market these days , Greece Just 20 Days Away from
DefaultWall St. Cheat Sheet , Economy Grew Less Than
Previously Estimated in Third QuarterWall St. Cheat Sheet [You
may recall the ‘market pop’ on what I previously referred to as dubious then
and now known to be false data / reports; which, in this ‘election cycle’, is
the typical political desperation underlying these complicitly fraudulent
markets. And, be advised that inflation is way beyond what’s reported, and
contrary to spin, that’s a very bad thing.] , Dave’s Daily: http://www.etfdigest.com WHEN KEYNES POLICIES AND POLITICIANS FAIL
, Will The Deficit Super
Committee Failure Lead to Another Meltdown? ETFguide Maierhofer 11-21-11’…
According to the formula the down side potential is simply massive…’ , Japan's Kokusai Liquidates
Remainder Of Euro Sovereign Exposure, Just As European Primary Issuance Supply
Surges Durden
‘…the following update from
Morgan Stanley shows, things are getting from from bad to worse…’ , Moody's Says No To
Congressional Can-Kicking The Wall Street Journal { Yet
watch for Moody’s can-kicking, based on, quid pro quo?, hope?, etc.. } , STOCKS GET SLAMMED, EUROPE
GETS WORSE, BANKS AND GOLD GET CRUSHED: Here's What You Need To KnowBusiness
Insider , Something Big Is Coming... and
It's Going to Be BAD Phoenix Capital... 11/18/2011 We have been getting MAJOR
warning signs of a collapse for months now. No less than the Bank of England,
the IMF, and legendary asset management firm Franklin Templeton have warned…’
, One Interesting Thing About
the Leading Indicators Report
The Wall Street Journal (Fri, Nov 18) { How about the most
interesting thing about ‘leading economic indicators’ is the weighting accorded
M2 and stock prices… , The next financial crisis will
be hellish, and it’s on its way
http://news.yahoo.com/next-financial-crisis-hellish-way-204303737.html Addison Wiggin
| Forbes 11-16-11 "There is definitely going to be
another financial crisis around the corner," says hedge fund legend Mark
Mobius, "because we haven't solved any of the things that caused the
previous crisis." , House rejects balanced budget
amendment Nov 18th, 2011 (AP) , US Deficit-Cutting Talks
Appear to Be Near Collapse Nov 18th, 2011 (Reuters) , Drudgereport: NEW DOWNGRADE THREAT , Guest Post: The Reasons For
China's Imminent Bust Durden 11/18/2011 , Friday Night Irony: According
To The Fed, Just Over One More Year Of ZIRP Will Lead To 38.36% Annual
Inflation Durden , The Final Straw? Jefferies And
Six Other Banks Sued For "Fraudulent" MF Global Bond Issuance
Durden 11/19/2011 ,
Stocks sink after Fitch warns
on US bank exposure AP , Beware the Earnings Cross,
Stock Investors The Wall Street Journal Gongloff , Tighter Credit Suggests Stocks
Should Fall The Wall
Street Journal , Watch Nigel Farage Dance On
The Euro's GraveDurden on 11/17/2011 , Another Tough Month For Tilson
As CNBC's Favorite Buffett-Worshipper Is Down Over 24% YTD Durden on 11/18/2011 , Payback Time - The Coming
Decade Of Deleveraging Durden on
11/17/2011 Dave’s Daily: http://www.etfdigest.com
‘The further down the road we go without confronting problems head-on, the more
difficult things become… We go along with band-aids, useless stimulus, money
printing and hope. It’s BS and smoke and mirrors policies... Their credibility
is shot.It’s no wonder investors are fleeing markets. Over $200 billion in
equity mutual funds have left the markets since 2010. As I update our Top Ten
ETF lists by sector, I see assets under management (AUM) declining 25-45% just
in the last four months. The great October stock rally was a “eurozone is
fixed” mirage. Thursday markets received mixed economic news in the U.S. as
Jobless Claims fell somewhat (higher previous revisions again and people
dropping off the rolls like flies accounts for some of this) and a poor Philly
Fed Survey (3.6 vs 9 expected and previous 8.7). Housing Starts were unchanged,
and frankly we don’t need more home construction…’ The next financial crisis will
be hellish, and it’s on its way Forbes.com Citi Economist Warns of
Imminent Spanish, Italian Default The Wall Street Journal (11-16-11) , Financials Drag Market Lower,
Fitch Raises Doubts About Euro Hedge Effectiveness The Wall
Street Journal Gongloff (11-16-11) , Stocks Making Risky Bet on
Massive ECB Money Printing The Wall Street Journal , Dave’s Daily: http://www.etfdigest.com INVESTORS ON THIN ICE , Euro-Dollar Basis Swap Cost at
2008 Crisis Levels The Wall Street Journal , U.S. Debt Tops $15 Trillion
Mark Today Nov 16th, 2011 (ABCNews) , Minyanville's T3 Daily Recap:
Wedge Pattern Looks Set to Resolve to Downside Minyanville , European Financial Gravity:
The Era of "Extend and Pretend" Is Over Atlantic
Capital Management , Europe: Close To A Death
Spiral? Nov 16th, 2011 By Bruce Krasting (EconMatters) , Citi Chief Economist Willem
Buiter: A Spanish Or Italian Default Could Happen In A Few Short Days
Durden, Financial Stocks Catching Up
To Their Recent Credit Weakness ..it seems reality is starting to sink in..Durden , Which Way Wednesday – Popping
or Topping (again)? ilene 11/16/2011
This is a fantastic opportunity to observe the workings of an actual criminal
conspiracy to defraud the American people in action. , JPMorgan To Issue CMBS Backed
By... Defaulted Loans Durden 11/15/2011 , Presenting Europe's Remaining
2011 Bond And Bill Auctions... All 104 Of Them Durden , Congress Shocked To Find That
Being CEO Of A Bankrupt Company Is The New Killing It Durden Two weeks ago we reported with sheer disgust that
the outgoing CEO of bankrupt Freddie Mac, Ed Haldeman, was to pocket over $4
million for his brief two year stay..for lots of hard work collecting bail out
cash from the Treasury. $21 billion to be precise , Dark Pool Flush: Game Over
Pipeline; Next Up Goldman's Sigma X? Durden on 11/15/2011 For years Zero Hedge has been exposing the persistent fraud
that goes on behind the trading scenes, not only in High Frequency Trading, but also in
various dark trading venues, known better as dark pools where exchanges, typically the
banks themselves get to match buyers and sellers without any indication of a
trade having occurred, until much later if at all… What will shock the trading
community, however, even more is if the SEC decides to go after not some tiny
unknown firm, but the real dark pool transgressors, the biggest one of which is
and has always been Goldman's Sigma X. Of course
for that to happen, Mary Schapiro would actually have to do her job. And that,
unfortunately, ain't happening. , Falling house prices trap
first homeowners Guardian , Contagion spreads, triple-As
under pressure Nov 15th, 2011 (Reuters) , What Other MF Globals Are
Lurking In the System? , Last Market Rally Before the
Bears Take Over Minyanville David
Banister 11-14-11 ‘The current market rally will likely last through Christmas
before we see the big leg down. …
Longer term, my best view right now is that this is a countertrend
bounce off the 1,074 lows that will give way to another big down leg. …‘ , Even the Fed Can’t Value
Financials’ Risk Phoenix Capital 11/14/2011 The NY Fed is the single most powerful
entity in charge of the Fed’s daily operations. How can any investor
believe that the Fed can manage the system and restore trust when the NY Fed cannot
accurately audit a financial firm’s risks during a six month review, then
there is NO WAY an ordinary investor can do so. , Europe in
worst hour since WW2: Merkel [Duh! Ya think?] , Congress Trading Stocks on
Inside Information!?Wall St. Cheat Sheet , Bob Chapman: Surviving The
Banker Sociopaths The Alex Jones Channel | Alex talks with regular
Friday guest Bob Chapman of the International Forecaster. , SPX
Update: Crash Wave Ready; Confirmation Still Pending Jason Haver
11-11-11 , Do
Valuation Metrics Still Apply or Has The Market Become Untradable? Simon
Maierhofer Etf Guide [ Short answers: No and yes the market has become ‘untradable’
for investors. I would add that the ‘debased dollar policies’ (ie., QE’s,
overprinting of paper currencies / dollars, etc.) enable sales / revenues to be
booked with ‘more’ of the inflated dollars relative to costs booked at the
‘fewer / greater value’ dollars which spikes earnings but leads to the
inevitable margin erosion when the reported costs ‘catch up’ in terms of
inflated ‘Weimar’ dollars. Hence, even the averages when deflated for real
inflation (see Faisal infra) show a far less sanguine picture (than say, hard
assets, ie., gold, etc.). Even more important is the effect of the HFT
programmed trades , http://albertpeia.com/wallstreetcrapshoot.jpg , Bernanke Knows He’s Powerless
This Time Around by Phoenix Capital Research 11/10/2011 , The Aftermath of the Risk-Free
Sovereign Debt Illusion Minyanville (Fri, Nov 11 ] Divergences Point To Stock Market Crash http://www.bullfax.com/?q=node-divergences-point-risk-stock-market-crash
11/10/2011 James A. Kostohryz , EU Warns Of ‘Deep, Prolonged
Recession’ Dow Jones Newswires | The European Union Thursday slashed
its growth forecast for the 27-nation bloc in the coming year. , Dave’sDaily: http://www.etfdigest.com
[WELL FOUNDED] FEAR REMAINS.. November 10, 2011 ‘Rapidly changing news cycle,
combined with HFT algos …As has been routine, previous data was revised higher
from 397K to 400K, and given this pattern, you should expect current data
revised higher next week…’ What
First Time Unemployment Claims Data Is Saying About the Economy Lee Adler Nov 10, 2011 ‘…Purely by accident, the real number this
week wasn't too far off at 398,753, but that was an increase from last week's
369,647, not a decline as shown in the cartoon numbers. Furthermore, it was
about 70,000 more than at the seasonal low reached the last week of September.
While this year's seasonal low was lower than last year, and this year's
increase since then was less than last year's, how that led to the proclamation
that this week's number was the lowest in seven months is beyond my comprehension.
It's just a meaningless, and false, number spit out by a statistical rhythm…’ Famed economist predicts economic calamity in 2012. See the
evidence.
http://w3.newsmax.com/a/aftershockb/video.cfm , These 4 things happen
right before a heart attack. newsmax
http://www.newsmax.com/Newsfront/silent-heart-attack-symptoms/2011/09/23/id/412086 ,
50% unemployment & 90% Dow
crash also predicted. Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm ,
http://www.economist.com/content/global_debt_clock
is ticking! Analyst Sees 3% More Downside
On Dow As Cyclicals Lose Momentum Barrons.com (Wed, Nov
9) [ Is that all? Sounds like a fraudulent wall street wet dream! Far more
reliable analysts predict much lower, infra.
] , There Is No Solution for
Europe”: Stocks Tumble as Italian Yields SurgeThe Daily
Ticker (Wed, Nov 9) , PERVASIVELY CORRUPT, DEFACTO BANKRUPT AMERICA IS A TOTAL
FRAUD IN THE INDUCEMENT AND FACTUM. #9. (see
infra) World’s Largest Drug Dealer: The American empire is the largest drug dealer in the
world! Say it isn’t so. Well, in addition to forcing legal drugs
and genetically
modified organisms on nations, usually under the cover of foreign
aid, America also leads in the illegal drug trade. In fact, many
researchers reveal that the war on drugs is only utilized to control and
monopolize the illicit drug trade. The US government has been caught
multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels
[ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now
openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In
fact, Global Research points out
that in 2001, “according to UN figures, opium production had fallen to 185
tons. Immediately following the October 2001 US led invasion, production
increased dramatically, regaining its historical levels.” This month,
the U.N. announced
that Afghanistan now provides 93% of the
world’s opium production [
http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons.
Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm ] , Dave’s Daily http://www.etfdigest.com ‘Perhaps this is now the “no news is good
news” market since a rally on Berlusconi’s resignation is beyond irrational.
But, we’re long so I shouldn’t complain too much even though emotionally there
isn’t much to like overall. The only bullish thing is the action of the tape
and this is the season when bulls can make their year. Speaking of HFTs and
algos, HFT issues are thoroughly covered with HFT Alert founder
Steve Hammer and myself in the video interview below. The presentation contains
two parts: the first outlines HFT basics—how they work and their controversial
impact on financial markets. The second part we discuss how traders can benefit
or make money by using HFT Alert’s unique trading services. http://www.youtube.com/watch?feature=player_embedded&v=NzfmT4vGXZY
[ ‘Off to the golf course’, indeed. Those are Mr. Hammer’s concluding remarks.
Not because he’s a trader, but because he’s selling this ‘very functional in
terms of what’s going on’ package. The truth is that even today, at lightning
speeds, there are very few successful traders (as distinguished from investors,
and there is a huge distinction, though much less so today)(over the longer
term and is akin to the apposite old adage, ‘you can win a race but you can’t
win at the races’). Indeed, some companies / brokerages employ them just for
the volume / commissions they produce. Most telling, in this video, is the
beginning wherein it’s explained that in literally a second(s), mere quotes can
give rise to revenue (as with commissions, pieces of the action) which has to
come from someplace. The problem is that ultimately, this ‘churn-and-action’
computer programmed action at ‘lightning speed’ is parasitic inasmuch as it is
without any economic utility whatsoever in real economic terms as are
commissions in ‘after-market stock trading’ (as distinguished from initial
ipo’s) that are tantamount to a tax on the real economy; hence, the benefit to
the frauds on wall street at the expense of and to the detriment of main
street, taxpayers, and the populace in general, as we’ve seen and continue to
see. ‘Remember, there is no modern day alchemy that spins worthless paper
into gold except fraudulently for the frauds on wall street who’ve literally
oftimes done exactly that; ‘cashing out’ for hard currency and gold, precious metals,
at everyone else’s expense including main street. They’re just not that
important and represent, like termites eating away at the nation’s foundation,
a drag on the economy, the nation as one would expect from parasites such as
they are’. What to Expect Next From the
Markets Minyanville Jeffrey Cooper ‘Conclusion:
It looks like a program was run using the least amount of dollars to goose the
indices by focusing on some big cap names like Apple, Amazon, Baidu, IBM, and
Caterpillar { Dave’s
Daily:’.. The HAL 9000s have
been doing business as HFTs (High Frequency Traders) launching many buy or sell
programs using complex algorithms which can drive prices on indexes higher or
lower in dramatic fashion. One of their great acts is called "quote
stuffing". It's another illegal activity which the SEC hasn't quite
figured out. It's as futile for them as the illegal fee-driven recent
end-of-quarter price jam-job..’} Then there’s the fed complicity in these
various wall street scams by way of QE’s / dollar debasement which of course
benefits the frauds on wall street to the detriment of literally everyone else.
]So, as indicated stock prices shot
higher on the Berlusconi news. Gold prices saw some profit-taking, the dollar
was weaker, commodities stronger and bonds weaker.Volume was on the light side
and breadth per the WSJ was quite positive…’ , Dave’s Daily
http://www.etfdigest.com
‘Perhaps this is now the “no news is good news” market since a rally on
Berlusconi’s resignation is beyond irrational. , U.S. Auto
Sales And Consumer Credit Hard To Reconcile
http://www.bullfax.com/?q=node-us-auto-sales-and-consumer-credit-hard-reconcile ‘The last number in the Fed consumer credit
report for new car loans is for the first quarter of 2011, and it showed a
decline of 2.73% from the fourth quarter of 2010. Yet new auto sales for the
same period increased 3.97%. Fascinating.’ , Barclays Says Italy Is
Finished: "Mathematically Beyond Point Of No Return"Durden on 11/08/2011 - 20:13 , Bond dumping and Berlusconi Pivotfarm :
11/08/2011 - 08:18 BNP Paribas SA and Commerzbank AG (CBK) are
unloading sovereign bonds at a loss, leading European lenders in a government-debt
flight that threatens to exacerbate the region’s crisis. BNP...’ , Trouble Ahead: Employment,
Inflation, and the Fed Minyanville Jeff Harding , Embarrassing Blunders Wall
Street Loves to Hide ETFguide Maierhofer , SPDR Dow Jones Industrial Average
ETF Experiences Big Outflow
Forbes , ETF Fund Flows: SPY Bleeds
$1.14 Billion IndexUniverse.com , Got PrimeX Short?: Half The
Country's Mortgages Are Underwater Durden
, As Geithner Says
Supercommittee "Holds Key To Rebuiling Confidence" Supercommittee
Says "Trillions Of Dollars Apart" Durden , Wikileaks Exposes German
Preparations For “A Eurozone Chapter 11″ Zero Hedge | A worst
case scenario, says Mayer, could be that Germany pulls out of the Eurozone
altogether in 20 years time. , Italy borrowing rates hit
record The Italian government's borrowing cost rises on fears
over political uncertainty, with 10-year bond yields hitting a euro-era high of
6.64%. , Are RBS And NatWest The First
Victims Of “Bank Transfer Day” Zero Hedge | Earlier
today we received the following email from a reader: “RBS systems are down
today – ALL of them. , Euro-Kaput: ‘Euro could be
dead by end-November’ Russia Today | Greek PM
George Papandreou is aiming to form a coalition government and push through an
international bailout package. , HFT TRADING RULES MONDAY Dave’s Daily: http://www.etfdigest.com 11-7-11 ,
Italy: Too Big to Fail, Too
Big to Save? Nov 7th, 2011 (CNBC) , Italian Debt Crisis Has Global
Markets on Edge. Here’s Why It Matters to You JK Comment: The Daily
Ticker guys offer some interesting insight on the evolving situation in Europe,
and how “contagion” may not be limited to the shore’s of Europe.’ , Presenting The Latest Eurodebt
Exposure Masking Scam Courtesy Of Morgan Stanley: Level 1 To Level 2 Transfers
Durden , Here Is Today's 3pm Rumor...
Durden ‘In true save-the-market style, as 3pm ET
comes around we have another rumor from Europe. This time it purports to be the
creation of an investment fund, as a subsidiary of the EFSF, which will
'attract' external capital sources, via tranching of returns, to enable the
purchase of sovereign debt in primary and secondary markets. Headlines, via
Bloomberg, for now suggest this is yet another strawman…’ , No smoking gun:
IAEA Iranian nuclear report falls flat on its face Patrick
Henningsen | The IAEA report has come up short, but the Axis powers
are still desperate to hit Iran , 10 Reasons
America Will Be Judged as the Most Brutal Empire in History http://www.prisonplanet.com/10-reasons-america-will-be-judged-as-the-most-brutal-empire-in-history.html
Activist Post | Good and evil doesn’t have a grey zone.. America and her
Western cohorts will likely be viewed as the most brutal empire in history..
Although this empire is infinitely more powerful than Rome was, it will suffer
the same fate. For every negative action the empire commits, there’s an
equal and opposite good reaction. And the goodness of humanity will always
defeat tyranny when it goes too far. However, an empire with so much to
lose will go down swinging and slinging every weapon in its arsenal, thus
putting the final stamp on their status as most brutal empire in history.’ , Greek Debt
Crisis: Mark II of the Plan for a Greatest Depression Kurt
Nimmo | HSBC, a prized bankster asset connected to the City of London,
warns of a global depression. , Hit With Big Withdrawals, Fed
Sells Assets, Borrows Cash ilene 11/06/2011
, Fed Underestimated Economy's
Weakness: Kohn TheStreet [ Another ‘duh!’ moment from the
fraudulent fed! ] , Tempted
by Europe? Don’t Be - http://www.theglobeandmail.com/globe-investor/markets/markets-blog/tempted-by-europe-dont-be/article2228163 ‘ , Europe. Is. Finished. Phoenix Capital... 11/05/2011 ‘Europe is finished. The
region’s entire banking system is insolvent (with few exceptions).’ Earnings Warning Ratio Highest
In a Decade
The Wall Street Journal ‘…In other words, even as the market has rallied, the outlook for
earnings has gotten worse.’ , Minyanville's T3 Weekly Recap:
Market Breaks Streak of Weekly Gains, Focus Shifts to Italy Minyanville , The Chart
That's Forecasted Every Major Move Correctly Since March 2011 Simon Maierhofer 11-4-11
‘…major indices may just be chopping around for another week or two
before heading south for the winter…’ , SPX and
NDX Update: Top May Be In as Retracement Rally Hits Targets Jason Haver , Handicapping a Global Market
Meltdown
Minyanville , Extreme Poverty
Is Now At Record Levels – 19 Statistics About The Poor That Will Absolutely
Astound You The Economic Collapse , Insider selling surges — CBS MoneyWatch
, Greenspan Suggested Cutting
Taxes on the Wealthy to Increase Debt so the Fed Wouldn't "Lose Control of
Monetary Policy" George Washington , First Time Unemployment Claims
Increase But Less Than Usual
: ilene : 11/03/2011 - There's just one minor problem. http://www.zerohedge.com/contributed/first-time-unemployment-claims-increase-less-usual Courtesy of Lee
Adler of the Wall Street Examiner "Fewer people
applied for unemployment benefits last week, a hopeful sign that the job market
might be picking up," trumpeted the AP, in a news item picked up by news
organizations across the US and the world. There's just one minor problem.
First time claims actually increased by 9,361. The AP, and everybody else,
reports a fictitious number, the seasonally smoothed fantasy. They do that
because they figure that readers are too stupid to compare this week's
performance with the same week in previous years to see if the economy is doing
better or worse. I hold no such preconceived notion. If you are smart enough to
be reading this report, then you are smart enough to be able to compare actual
numbers, as opposed to the fake pablum spoon fed to you by the economics
punditocracy…’ , Unique Historic Precedents
Suggest Lower Prices
http://finance.yahoo.com/news/Unique-Historic-Precedents-etfguide-1382828970.html?x=0&.v=1 ETFguide Simon
Maierhofer, November 3, 2011 , Europe is doomed — Felix
Salmon http://blogs.reuters.com/felix-salmon/2011/11/03/europes-doomed-fate ‘This is beginning
to feel like 2008..’, Because Central Banks Just
Aren't Enough: G-20 Will Ask IMF To Print Reserve Currency Durden Four months ago we predicted that in response to
the latest round of global economic deterioration, every central bank would
very soon join the toner party., Today's Joke Du Jour Comes
From Italy's Biggest Bank, UniCredit , SEC Opens Investigation Into
MF Global Insider Trading, Ignores Glaring Evidence Of Client Capital
Commingling, Hugh Hendry Channels Irony And
Paradox In His Latest Financial Outlook ‘..So what’s next? A crash, of course..’, As Repeatedly Warned, Quarter
End Window Dressing Key Factor In MF Global's Demise Durden11/04/2011 Citi: "The Bear Market
Rally Is Behind Us; We Anticipate A Move To 1,000-1,015" by Durden 11/02/11 , Fed lowers
GDP forecast, raises unemployment projections, mulls more inflation producing,
failed, futile, wall street fraud-friendly action to the detriment of all
others which rallies those ever more worthless as with dollars ‘pieces of paper’
(actually not even, just ‘over-counted/supplied computerized ‘ledger’ entries)
for the ubiquitous as in the last financial fraud debacle) for the continuing
High-Frequency-Trade churn-and-earn (Reuters) , Market Recap: Banks Rally
Back, Fed Outlook Worsens [jersey based, former lautenberg adp
data’s as worthless as that from the scandal-scarred commerce dept. et als,
ie., factory numbers; then, the labor dept.’s fake report, estimates, numbers,
including the b.s. service sector, etc..) Wall St. Cheat Sheet , Fed foresees
far weaker growth than it had earlier , MF Global Client Theft
Estimate Doubled To $1.5 Billion? Durden, Game Over Berlusconi? Italian
Anti-Crisis Bill Fails Durden, Egan Jones Downgrades
Jefferies On Concerns About Sovereign Exposure Amounting To 77% Of Equity Durden , Guest Post: MF Global Shines A
Light On Monetarism's Incapacity To Enhance The Real Economy , Will Spiking Vol Drag Global
Growth Down? [Short answer: YES! The HFT churn and earn is
parasitic, benefits the frauds on wall street only, and ultimately must ‘come
from some real place’ (ie., main street, taxpayers, etc.)] The Greco-Franco Bank Run Has
Skipped the Pond, Landed in NY/Chicago and Nobody Noticed, Exactly As I
Predicted! Reggie Middleton 11/01/2011 ‘We just experienced a bank
run in the US that I have been warning of for months on end. A bank run that
resulted in this country's 8th largest bankruptcy,,, ever - and nobody even
noticed.’ , How US Banks Are Lying About
Their European Exposure; Or How Bilateral Netting Ends With A Bang, Not A
Whimper Durden , Keeping Up With The Korzines
In The Kooler: FBI To Investigate MF Global's Theft Of Client Money Durden , US construction spending +0.2%
in Sep, below market expectations of +0.3%, vs 1.6% Aug. Nov 1st,
2011 , US ISM fell to 50.8 in Oct,
below market expectations of 52.0, vs 51.6 in Sep. Nov 1st,
2011 Guest Post: Fed Trapped By
Inflation
Durden , Keeping Up With The Korzines
In The Kooler: FBI To Investigate MF Global's Theft Of Client Money Durden, US Food Stamp Usage Hits New
Record
Durden , The Coming Derivatives Crisis
That Could Destroy The Entire Global Financial System The Economic
Collapse , The REAL $200 TRILLION Problem
Bernanke’s Worried About Phoenix Capital... ‘US Commercial banks have $200 TRILLION in
interest rate based derivatives sitting on their balance sheets. And guess
which banks have the greatest exposure…’ ; and, finally the coup de gras , America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’, Unthinkable Poised to Happen
on Wall Street. See Disturbing Charts. (Moneynews)
http://w3.newsmax.com/a/aftershockb/video.cfm?PROMO_CODE=CD97-1 , http://www.stansberryresearch.com/pro/1108PSI9MOVD/PPSIMA06/PR Mf global, plus mob infested jersey former governor,
plus fraudulent wall street, plus mob strong new york, plus rich mob history
Chicago, equals fraudulent scheme / theft / scam in the making and then
reality! Someone Is Going To Jail For
This: MF Global Caught Stealing Hundreds Of Millions From Customers?
Durden 10/31/2011
, Graham Summers’ Weekly Market
Forecast (Wake Up Call Edition)
Phoenix Capital... 10/31/2011 The markets flew into this deal
based on rumors and short-covering and are now waking up to the plain obvious
facts that you cannot solve a debt problem with more debt. , Panic Behind The MF Scenes As
Company Refuses To Disclose Information To Regulators Even In DeathDurden 10/31/2011 , Are Investors Buying on False
Hope? Minyanville , Markets Remain in Cyclical Bear
Market Kevin Tuttle [ Actually this is a secular bear market
with much worse to come! ] , U.S. and Europe … “Self-Induced
Stagnation,” says Economist Editor The Daily Ticker , Why Last Week's Euro Fix Won't
Do the Trick ETFguide Maierhofer , Corzine's MF
Global collapses under euro zone bets , Are Ratings Agencies Taking
Bribes?Wall St. Cheat Sheet [ One way or another, from all 3
branches of u.s. government to u.s. businesses coast to coast, wall street to
main street, they’re all getting / taking bribes! ] , SPX and
NDX Update: A Disturbing Look at Fundamentals, and the Rally Explained Jason Haver Oct 31, 2011 , China Says Not So Fast On Rescue
http://www.thestreet.com/_yahoo/video/11292710/buy-and-hold-is-dead-buy-and-hedge-instead.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#1250281566001 , MF Global Caught in Death Spiral , Sell
H-P! Against the Grain 10/31/11 , Europe Will Make Lehman Look
Like a Joke http://gainspainscapital.com/?p=1010 Summers 10-28-11, Be Honest – The European Debt
Deal Was Really A Greek Debt Default : ilene : 10/28/2011 - 2012 looks like it is going to be an
extremely painful year. [ Yes! Very painful! I believe Dave was the first ‘to
get this’ in passing yesterday; and, thinking on it more, I believe this
charade cheered particularly by the frauds on wall street (and surprisingly
germany) was for the purpose of ‘voluntary’ to avoid the Credit Default Swap
trigger. Yet, the real bad news is that, even worse than as with the last
financial debacle, owing to the greed-driven, commission/fee generating churn
and earn of innumerable, bogus, worthless, levered, negatively valued on event
financial instruments at computerized lightning speed, the
commission-generating paper is beyond the frauds’ abilities to account for; and
not just the CDS’s ( ETFs have potential to become
the next toxic scandal Sep 19th, 2011 News (The
Telegraph) Financial Stability Board (FSB), an international super-regulator,
wrote a prescient if less than catchily-titled paper “Potential financial
stability issues arising from recent trends in Exchange Traded Funds
(ETFs)”..warning – ETFs are not the cheap and transparent vehicles the
marketers would have us believe ..no one who read the FSB report was surprised
to see the words ETF and rogue trader in the same sentence… half of the ETFs in
Europe today do not match the index they are designed to track by holding all
of its constituent shares.. Derivative trades add a second layer of uncertainty
.. the counterparty risk that the organisation on the other side of the
contract might go bust. Even worse, the provider of the ETF might
sometimes be a part of the same organisation as the derivatives desk carrying
out the swap…For reasons which I’m not sure I could explain even if I
had the space, it is possible for the number of shares sold short in an
ETF to massively exceed the actual number of shares available.’). Not
only is it that The Greek Deal Accomplishes
Nothing… Systemic Risk is Coming
http://gainspainscapital.com October 27th,
2011 (Yes!
It’s happened again. No … not just the (Weimar) funny money and rally as in the
great depression followed by the inevitable bust /crash Parallels to The Great
Depression Suggest Higher Prices Followed by a Bust ETFguide Simon
Maierhofer, October 25, 2011), but , Dave’s Daily http://www.etfdigest.com/davesdaily ‘The only thing wrong with the image above
is that it’s from March 2010, or on one of many previous plans agreed upon.
But, markets don’t care about this and just thirst for any deal even if
memories remain short.. HFT algos are programmed to pounce on these presumed
fixes and have been active in driving stock prices higher this past week. Let’s
face it; this is the time of year bulls can make their year with good fees and
bonuses on the line…’ , Dave’s Daily:
http://www.etfdigest.com
‘The above image displays quotes per second coming from HFT
(High Frequency Trading) systems http://www.etfdigest.com/images/stories/davesdaily/1866/image002.jpg http://www.etfdigest.com/images/stories/davesdaily/1866/image002.jpg . The two graphs display action towards
the close of trading Friday. The upper graph shows action of “algos” per second
while the bottom the number of HFT quotes per second over a three minute time
period with colors for each exchange. The lower graph displayed nearly 300
quotes per second—got that? Perhaps only a small fraction of these are real
trades with the others being just bids and offers designed to stimulate program
trading algorithms. This is posted because nearly 70% of all volume and trades
on the NYSE for example are program trades with HFTs now dominant. ‘ Then there’s the reality / folly that the
mental case with the funny / odd little mustache has been displaced by another
ubiquitous fraud of collectively the ‘multiple mental cases modern day
equivalent variety’; viz., the bourse, bourses, ‘boursers’, stock exchanges,
‘market fraudsters’(wall street particularly), and their lightning fast, high
frequency trading computers(‘ programs). After all, the already
undercapitalized banks are now 50% more undercapitalized (those Yule Brynner
hair cuts are a b**ch); there’s good money after bad; and square pegs are, for
the nonce, ‘fitting’ into round holes. Nothing’s been solved and there’s much
worse to come! Take this as the ‘gift’ (to stock markets everywhere, ultimately
paid for by main streets and taxpayers everywhere) [Market Now Overbought: Birinyi
The Wall Street Journal ] it was meant to be and sell, take profits, since
this ‘microcosm of the crisis’ was never the real reason for lower markets but
merely at best a symptom of [ at worst a scapegoat for ] these great
depression-era times, the worst of which will be seen. It’s coming! Funny money
will just exacerbate the inevitable! This may sound like a platitude; but,
fundamentals and reality still count! Is It Foolish to Get Excited
About the Latest Deal to Save Europe? ETFguide http://finance.yahoo.com/news/Is-It-Foolish-to-Get-Excited-etfguide-2444921710.html?x=0&.v=1 Simon Maierhofer, 10-27-11
[Short answer: YES! ] . The looney loonie now exceeds the value of the
‘funny-money’, debased dollar (who coulda / woulda have ever thunk it). Inflation, Jobs, and the
Artificial Flow of Monetary Policyat Minyanville
Bad news and b***s*** (as in no plan plan) across the board (and sea) … yet
stocks rallied …US durable goods orders -0.8%
in Sep, near expectations, vs -0.1% Aug. Oct 26th, 2011 by News
, Paper currency has too much
bull, not enough bullion Oct 26th, 2011 by News
(Globe and Mail) — Sir Mervyn King, governor of the Bank of England, ordered up
another $300-billion (U.S.) in easy money earlier this month, then mentioned,
by way of explanation, that we are living
through the most serious financial crisis since the Great Depression – “if
not,” he said ominously, “ever.” Sir
Mervyn’s warning was only marginally more sobering than the collective warnings
of Prime Minister Stephen Harper, Finance Minister Jim Flaherty and Bank of
Canada Governor Mark Carney.This is not to mock. These men know enough not to
scare people out of their wits unless it necessary to do so. So the question
is, what do these people know that the rest of us don’t?More related to this
story:To put Sir Mervyn’s warning into its historical perspective, it must be
noted that “ever” goes back a long way. The biblical record cites one
calamitous meltdown 4,000 years ago, “when money failed in the land of Egypt.”
Did Sir Mervyn deliberately or inadvertently include the financial crashes of
antiquity in his portentous warning? Isn’t it
the failure of money that now threatens the world? [source] Euro Zone to Quadruple Bailout
Fund: Sources Oct 26th, 2011 by News (CNBC) — … [source]PG View: Leverage is
very much a double-edged sword, also capable of amplifying losses. Nobody ever
seems to talk about that. Of course Europe can always bailout its
bailouts… STOCKS TANK BEFORE EU MEETING
THAT EVERYONE EXPECTS TO FAIL: Here's What You Need To Know Business
Insider [ No …this is not quite correct … the point being there’s nothing they
can do to make it (other than the meeting in and of itself as ‘a much ballyhooed
event’) succeed! Graham Summers’ Weekly Market
Forecast (Stocks Are Last to Get It Edition) Phoenix Capital Research
10/24/11 ‘…So if you have not already taken steps to prepare for
systemic failure, you NEED to do so NOW. We're literally at most a few months,
and very likely just a few weeks from Europe's banks imploding …’, Four Facts that PROVE the EFSF
Doesn’t Matter… At All
Phoenix Capital 10/20/2011Four Facts that PROVE the EFSF Doesn’t Matter…
At All - ‘.. And those investors who get suckered into betting this mess
will work out well are very likely going to lose everything. The impact of the
fallout from this will make 2008 look like a joke. The EU is the largest
economy in the world. So if its banking system collapses (and it will) we’re
facing a full-scale Global financial meltdown (the IMF has even warned of
this)…’ , Parallels to The Great
Depression Suggest Higher Prices Followed by a Bust ETFguide Simon
Maierhofer, October 25, 2011 Investors' Number One Worry:
Europe Posed to Bring Down Global Economy Minyanville [ Riiiiight! Europe following
the ‘american way’ of ‘insurmountable
debt, funny money and wall street fraud, and throw in a destructive, wasteful
war or two or three’ is ‘ the one’ … to
reiterate: America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke…The government’s total indebtedness is $211 trillion’ ], Minyanville's
T3 Daily Recap: The Anatomy of a Market Reversal T3Live.com Oct 24, 2011 ‘Now may be a good
time to take some profits after a strong October run in the market…’, 10 Reasons The Consumer Will Sink This Rally http://www.bullseyemicrocaps.com/?p=13626 Bret Jensen , United States tipped to lose
another AAA credit rating Reuters | Either from Moody’s or Fitch , Can The
Hope Rally Continue? [ Short answer: NO! ] , Graham Summers’ Weekly Market
Forecast (Stocks Are Last to Get It Edition) Phoenix Capital Research
10/24/11 ‘…So if you have not already taken steps to prepare for
systemic failure, you NEED to do so NOW. We're literally at most a few months,
and very likely just a few weeks from Europe's banks imploding …’, Minyanville's
T3 Daily Recap: The Anatomy of a Market Reversal T3Live.com Oct 24, 2011 ‘Now may be a good
time to take some profits after a strong October run in the market…’, 10 Reasons The Consumer Will Sink This Rally http://www.bullseyemicrocaps.com/?p=13626 Bret Jensen , United States tipped to lose
another AAA credit rating Reuters | Either from Moody’s or Fitch , Can The
Hope Rally Continue? [ Short answer: NO! ] , Unthinkable Poised to Happen
on Wall Street. See Disturbing Charts. (Moneynews)
http://w3.newsmax.com/a/aftershockb/video.cfm?PROMO_CODE=CD97-1 , http://www.stansberryresearch.com/pro/1108PSI9MOVD/PPSIMA06/PR
, ECRI Recession Watch: Growth
Index Drops Further http://advisorperspectives.com/dshort/updates/ECRI-Weekly-Leading-Index.php
Doug Short 10-21-11 ‘The Weekly Leading Index (WLI) growth indicator of the Economic
Cycle Research Institute (ECRI) has now posted 11 consecutive declines since
early August. The interim high of 8.0 was set in the week ending on April 15.
The latest reading, data through October 14, is -10.1, down from the previous
week's -9.7. On September 30th, the ECRI publicly announced that the U.S. is
tipping into a recession, a call the Institute had announced to its private
clients on September 21st. , Earnings
forecasts look less bright
NEW YORK (Reuters) - Prospects for corporate earnings are dimmer in the coming
quarters -- even though reports so far this quarter have been relatively
bright. [ Relatively bright? Only because most are not relatively bright having
failed to yet ‘catch on’ to this nation-debilitating, but wall street favored
defacto fraud. The ‘miracle’ of ‘funny money’ wherein the ‘debased currency
strategies’ (ie., QE’s, etc.) among other accounting manipulations lead to ie.,
costs reported in ‘more valuable but fewer dollars’ and sales / revenues
reported in debased dollars (simply more of them, but no real value created,
profits overstated in real terms). ] , Banks closed in Colo, Fla, Ga;
84 failures in 2011 AP , With Some Hope In Europe, Time
To Go Short? Forbes Steve Schaefer,
Forbes Staff ‘European leaders are
gathering Sunday and Wednesday in meetings aimed at hashing out an expansion of
the region’s bailout fund and recapitalizing banks, but with expectations for a
solution rising the risk of a less-than-comprehensive plan rattling markets may
be growing...“The bar is set too high,” he believes, arguing that even if the
market rallies on a deal being reached, the implementation of whatever resolution
plan is adopted will be cumbersome and ultimately amount to “solving a problem
of debt with more debt.” When the market realizes that, October’s 9.5% gain to
date could unravel in a hurry. The recent stage in the too-rapid rise to
current levels is largely a result of short-covering and investors who missed
the initial stage of the recovery jumping on board…’ , Dead Stocks Walking smartmoney.com, S&P sees downgrade blitz
in EMU recession, threatening crisis strategy Oct 20th, 2011 News
By Ambrose Evans-Pritchard (The Telegraph) , Euro Summit Imploding: Merkel
Cancels Friday Government Statement On EFSF Durden on
10/20/2011 , Student Loan Bubble To Exceed
$1 Trillion: "It's Going To Create A Generation Of Wage Slavery" And
Another Taxpayer Bailout Durden ‘..All we need to do is teach people
that Washington D.C. and Wall Street are now the same corrupt entity.
They are one gigantic rogue trader sucking the lifeblood out of
America..’ , , As growth lags, IMF warns of
downturn After warning that high debt needed immediate attention,
the organization is now urging countries to look for ways to boost growth amid
concerns that austerity might bring renewed recession. Euro drops as Germany seeks no
quick resolution (Washington Post) [ Duh … ya think? 43,454,601,693,238 Reasons Why
The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge | By now everyone has had a chance to play with the US debt clock.
But what about its global cousin? Is the US Economy in a
Recession? thetechnicaltake ‘A simple indicator constructed from readily
available data is suggesting with great certainty that the US economy is
already in a recession.’ , US to Experience Stagflation
Worse Than 1970s: Jim Rogers CNBC , Jeff Applegate: Not Sheepish
About Turning Bearish
The Wall Street Journal Jonathan Cheng ‘Last week was a
tough time to turn bearish. Since hitting a bottom on Tuesday, the Dow Jones
Industrial Average has jumped by 11% in less than two weeks, raising hopes
among some investors that the U.S. and Europe may be able to power through
their summertime woes. Not for Jeff Applegate. Mr. Applegate, the 61-year-old
chief investment officer of Morgan Stanley Smith Barney, last week made his biggest
bearish shift in more than two years, battening down the hatches and reducing
his exposure to stocks, high-yield bonds, commodities and real-estate
investment trusts…’, Fed should adopt GDP target,
Goldman says Oct 17th, 2011 News (MarketWatch) —
The Federal Reserve should target the level of gross domestic product, Goldman
Sachs economists said ahead of a wave of speeches from central bank
officials.In a note published Friday night, Goldman Sachs said the best way for
the central bank to loosen policy significantly further would be to target a
GDP path, and commit to using more asset purchases to achieve that path.“While
a shift to a nominal GDP level target would be a big decision, it would be
consistent with the Fed’s dual employment and price mandate,” the economists
wrote.[source] PG
View: [Talk about self-serving disingenuity that along with their
frauds, goldman’s come to be known for! Goldman, like the lunatics at salomon
brothers should be out of business and vigorously prosecuted; having in large
part helped create this crisis which continues with their dollar debased HFT’s.
(‘Salomon Brothers' success and decline in the 1980s is documented in Michael Lewis' 1989 book, Liar's Poker.
Lewis went through Salomon's training program and then became a bond salesman
at Salomon Brothers in London.’Wikipedia.
Acquired by Travelers / Citi. ] A timely position taken by Goldman Sachs in
light of the inflation piece
written by John Mauldin on Saturday. Yes, it does indeed seem that “inflation
as a solution” is gaining traction. I say tom-a-to, you say tom-ah-to. I say
inflation targeting, you say GDP targeting. Whatever you call it, it’s
synonymous with dollar devaluation and you best be saving in something other
than dollars if you hope to come out the other side unscathed.Can “It” Happen Here? Oct 17th, 2011 News
By John Mauldin15-Oct (JohnMauldin.com) — I was inspired for this week’s letter
by a piece by Art Cashin (whom I will get to have dinner with Monday). His
daily letter always begins with an anecdote from history. Yesterday it was
about Weimar, told in his own inimitable style. So without any edits, class
will commence, with Professor Cashin at the chalk board.[Cashin's recounting of
the nightmare German inflation, which we posted last week.]…”, Full moon October 10-14, 2011 … I’ve
examined the weekly results for the global markets … Conclusion: The global
euphoria, irrational exuberance in the financial markets worldwide, courtesy of
the blazing full moon October 10-14, 2011 ; and yes, the lunacy once the
exclusive province of fraudulent wall street is now a global phenomenon (10th
near full beginning, 14th near full ending). , The More
Government Spends, The Worse It Gets , Balance Of
Fundamentals Will Continue To Weigh On Market , ECRI Recession Watch: Growth Index Declines Further http://www.bullseyemicrocaps.com/?p=11699 By Doug Short: The
Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research
Institute (ECRI) has posted 10 consecutive declines since early August.
Early last week, ECRI notified clients that the U.S. economy is indeed tipping
into a new recession. And there’s nothing that policy makers can do to head it
off , US budget gap widens, tops $1
trln for 3rd year Reuters , A New S&P 500 Low Still
Awaits Us
Minyanville Erik Swarts Oct 13,
2011 ‘Watch the SPX as the market comes to terms with the continuing crisis in
Europe , America's Lost Decade Will
Last Until 2016 [ This is extremely optimistic! ]
Forbes Lenzner , Harrisburg, Pa Files for
Bankruptcy: Is Meredith Whitney Right? [ Short anwer: Yes!
] Peter Gorenstein , The Structural Challenges
Facing Muni Bonds
Minyanville , IRS Auditing How GOOGLE
Shifted Profits Offshore to Avoid Taxes Bloomberg , Europe eyes
bigger Greek losses for banks , Markets Are Dealing With a
Foreboding Financial Backdrop
Minyanville Lee Adler Oct 12,
2011 ‘..especially, why have they been frantically dumping their corporate
holdings since June? http://image.minyanville.com/assets/FCK_Jan2011/Image/October11/12/la10122.JPG
Something is rotten here. These are signs of major systemic stress.. This may
be one of those times, and it's not a happy picture..’ , Double-Dip Recession a
Foregone Conclusion: Roubini Oct 11th, 2011 News
(CNBC) — ‘The world’s advanced economies are headed for a second recession,
regardless of whether there is further chaos in Europe, Nouriel Roubini told
CNBC on Tuesday. The economist who correctly predicted the 2008 financial
crisis…’, Slovakia votes down eurozone
bailout expansion plans Oct 11th, 2011 News (BBC) ,
Euro About to Dissolve? Oct 11th, 2011 News
Patrick A. Heller (NumisMaster) — “This is the most serious financial crisis
we’ve seen, at least since the 1930s, if not ever., ROUBINI: The
Recession Is Guaranteed, The Only Question Now Is How Bad It Will Be Business
Insider | Nouriel Roubini sees bad times ahead for the economy. , Nobel Prize Winning Economist
Who Supports Wall Street Protests SLAMS the Federal Reserve
Washington’s Blog | Nobel prize winning economist Joe Stiglitz – like many
other high-level economists – supports the “Occupy Wall Street” protests. Graham Summers Weekly Market
Forecast (Dexia Now... Who's Next? Edition) http://www.zerohedge.com/contributed/graham-summers-weekly-market-forecast-dexia-now-whos-next-edition
Phoenix Capital Research
10/10/2011 THIS BEAR MARKET IS NOWHERE NEAR
OVER. , We Are Still Early In This
Bear Phase http://www.bullseyemicrocaps.com/?p=10478 Roger
Nusbaum Stocks
Surge On New Promises From European Leaders, Dow Adds 300 Points [ Come on! Wake up! Two desperate, failed
politicians who haven’t the slightest idea what they’re doing; certainly in the
areas of finance and economics. Indeed, they’ve borrowed from a page in the
fraudulent wall street / defacto bankrupt american book of failure and fraud in
banging ‘square pegs in round holes’ along with nation-draining fraudulent
obfuscation with b***s*** alone that hearkens back to that ’Weimar dollar’ era
that was precursor to and inevitably led to the inflationary / no real value
collapse now underway as is already the scenario in america. How totally
desperate and pathetic they are. This is cheered by the wall street types /
frauds to enable them to favorably cash
out. Take your profits while you still can, protect yourself while you still
can, this fraud – induced collapse is just beginning. New ‘promises’!
Currency-debased high inflation rally!
What a joke they’ve become! ] “The
Prevailing Debate Among Economists and Historians is Whether the World Economy
Faces the ‘Great’ Depression of the 1930s or the ‘Long’ Depression of the
1870s” Washington’s Blog | Economists Agree: We’re In a
Depression. Fitch cuts
Italy, Spain ratings; outlook negative , Wall Street vs Reality: A
Hopeless Tug-of-War? http://symmetrycapital.net/index.php/blog/2011/10/wall-street-vs-reality-a-hopeless-tug-of-war Are Wall Street strategists living in a
bubble? [ The short answer is, ‘YES’! The long answer is your work is quite
(closer to) correct (and worse when dollar debasement is factored in).] According to our work, credit
market, demographic, and leading economic indicators are all
pointing to a level of between 800 and 1,000 for the S&P 500 between now
and 2012-2013. Hold Your Enthusiasm ... This
Is Still A Bear Market Rally
http://www.bullfax.com/?q=node-hold-your-enthusiasm-still-bear-market-rally,
10/06/2011 , Yield Spread Confirming
Recession Call http://www.zerohedge.com/news/guest-post-yield-spread-confirming-recession-call
, U.S. stocks' massive
"melt-up" fans investor fears Reuters October 5, 2011, By Edward Krudy NEW YORK (Reuters) - In
less than one hour on Tuesday, the U.S. stock market surged by 4 percent -- for
no apparent reason , Play It
Again Sam: Dave's Daily ‘ ... The HAL 9000s have been doing
business as HFTs (High Frequency Traders) launching many buy or sell programs
using complex algorithms which can drive prices on indexes higher or lower in
dramatic fashion. One of their great acts is called "quote stuffing".
It's another illegal activity which the SEC hasn't quite figured out. It's as
futile for them as the illegal fee-driven recent end-of-quarter price jam-job. One of these actions was featured courtesy of our
friends at Zero Hedge and
depicted below as it occurred Thursday afternoon. The first chart features the
quotes per second (NOTE: one instance exceeding 800 quotes per second). The
next chart shows the market's simultaneous reaction. http://www.thestreet.com/tsc/daves/082511/image002.jpg
‘ (
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…’ )(
, 6 Reasons
a Global Recession is Unavoidable Ron DeLegge, October 5, 2011,
Dem.lautenberg’s jersey based ADP helps the desperate dem’s cause with 100%
better than expected (false) private sector jobs report (Announced U.S. Job Cuts Rise
212% From Year Ago Bloomberg) ,
Gabriel Wisdom to Frank Motek of 1070amBus.Rept. says this is a bear market and
we’ll see market lows in 2012. [video] Nervously Eyeing 50%
RetracementTheStreet.com Mark Newton , Moody's Downgrades Italy By
Three Notches The Wall Street Journal , Greek Bailout May Include
Larger Writedowns for Private InvestorsWall St. Cheat Sheet . Enormous, last hour 370+ point upside suckers’ rally into the
close based on b***s***, rumour (more ‘good money after bad’ bailout goin’
greek in the eu zone), nothing at all (pushed a button, ran a buy program?) to
suck suckers in and keep suckers sucked in based upon as previously
questionable if not outright fake, ‘upward-revised’ (based on inflation-spiked
price increases at best) data also, ‘the data don’t distinguish
between Americans who stop receiving benefits because they find jobs and those
who fall off the unemployment rolls because their benefits expire- WSCS ‘THE GREATEST SHOW ON EARTH September 29, 2011 http://www.etfdigest.com ‘…Algos jumped on
the headlines which is what they’re programmed to do. They don’t look under the
hood for details since given their momentary focus, “facts don’t matter”—not at
least right away. A closer look inside Jobless Claims data is the consistent
revisions for higher previous claims. This makes current reports generally seem
better by comparison. Further, the BLS states with this report the significant
impact of “seasonal factors” skewing the report…’ ) . [
End of Quarter Price Mark-Ups;
Dave’s Daily http://www.thestreet.com/story/11260606/1/end-of-quarter-price-mark-ups-daves-daily.html Dave Fry
9-27-11 ‘All you need do is view the last week of June 2011, the
previous quarter end, and you'll note a similar quarter end jam-job…’ , Bernanke
calls unemployment a ‘national crisis’ 28 Sep 2011 Fed chief Ben Bernanke
said Wednesday that the nation’s weak labor market was “a national crisis” -
Duh! No-recession-wall-street-lovin’-helicopter ben’s … done it again! …
brilliant description of unfortunately what already is thanks in large part to
his wall (fraud) street largess / welfare in the form of QE’s, etc. , Prepare for Lehman Brothers
Part 2 , Arguments
for Being in the Crash Camp Conor Sen Sep 28,
2011 ,
Now's Not the Time to Take on
Equity Market Exposure at Minyanville Erik Swarts Sep 28,
2011 , [video]Buying on Rumor -
Prepare For The Selling On NewsTheStreet.com TV , Roubini: U.S. in Throes of
Economic Contraction Sep 27th, 2011 News
(Bloomberg) , SHILLER: House Prices Probably
Won’t Hit Bottom For Years Sep 27th, 2011 News (BusinessInsider) , Split opens over Greek
bail-out terms Sep 27th, 2011(Financial Times) , The familiar fraud/pattern of
end-of-month/quarter window dressing b***s*** story of ‘hopes’ (ie.,
americanized funny-money fraud in the eurozone, etc.) from the frauds on wall
street … Dave’s Daily:’.. The HAL 9000s have been doing business as HFTs (High
Frequency Traders) launching many buy or sell programs using complex algorithms
which can drive prices on indexes higher or lower in dramatic fashion. One of
their great acts is called "quote stuffing". It's another illegal
activity which the SEC hasn't quite figured out. It's as futile for them as the
illegal fee-driven recent end-of-quarter price jam-job..’ ,
despite the reality of bad news , New home
sales hit 6-month low, prices drop , Euro zone
damps talk of rapid debt crisis steps , On the Lookout for a Red
October Minyanville ‘
… Aside from history, if we take a
look at the global environment, there are a handful of things suggesting that
we will experience a turbulent October…’
, Suckers’ rally into
the close to suck suckers in and keep suckers sucked in based on lingering
hopes for unaffordably damaging funny money / QE ultimately taxpayer funded /
borne bailout / welfare for these fraudulent ‘titans of capitalism’ on wall
street, viz., nothing whatsoever ( watch for
their fraudulent / illegal end of month/quarter window dressing ) , and bad news ( Soros: US Is Already in
Double-Dip Recession CNBC.com , Stocks: Don't Get All
Comfortable Just Yet WS /Conway , Stocks Endure Worst Five-Day
Slamming Since '08, Still On Edge About Greece Forbes , More Pain Is Coming To
Equities
http://regator.com/p/253227580/more_pain_is_coming_to_equities Penguin Capital Markets , David Cameron: world on brink
of new economic crisis London Telegraph , Every Age Group Is Getting
Poorer In America, Except For One Advisor Perspectives , Global economy pushed to the
brink Sep 23rd, 2011 News Financial Times , European and US Economies
Teetering on Weak Policy, Leadership Minyanville Kerr ,
Moody's downgrades 8
Greek banks (AP) , Signs
The Perfect Economic Storm Is Coming
http://www.bullfax.com/?q=node-signs-perfect-economic-storm-coming , America’s debt woe is worse
than Greece’s Sep 21st, 2011 News (CNN) — ‘Our
government is utterly broke. There are signs everywhere one looks. Social
Security can no longer afford to send us our annual benefit statements. The
House can no longer afford its congressional pages. The Pentagon can no longer
afford the pension and health care benefits of retired service members. NASA is
no longer planning a manned mission to Mars. We’re broke for a reason. We’ve
spent six decades accumulating a huge official debt (U.S. Treasury bills and
bonds) and vastly larger unofficial debts to pay for Social Security, Medicare,
and Medicaid benefits to today’s and tomorrow’s 100 million-plus retirees. The
government’s total indebtedness — its fiscal gap — now stands at $211 trillion, by my arithmetic. [source]’ , $16 muffins,
$8 coffee served in Justice audit
, Market Recap: FOMC Announces
Operation Twist, Banks Tumble, Investors Flee Sovereign Debt Wall
St. Cheat Sheet September 21, 2011, Wall Street
sinks 3 percent after Fed cites economic "risks" NEW YORK (Reuters) , Moody's
downgrades big banks on changed policy , Italy downgraded, IMF says
Europe behind the curve Reuters , IMF downgrades outlook for US
and Europe economies [Sep 20, 2011] ... Fund has sharply downgraded
its outlook for the U.S. economy through 2012 ... http://finance.yahoo.com/news/IMF-downgrades-outlook-for-US-apf-1240337037.html?x=0
much worse than expected: Market
Recap: S&P Downgrades Italy, Housing Starts Tumble, Markets Wait on
funny-money no-recession ben bernanke Wall St Cheat Sheet , IMF Downgrades Global Economic
Outlook , Drudgereport: IMF WARNS: INTO THE DANGER ZONE... ...warns of USA 'lost decade' , New High: 37% Say Their Home
Is Worth Less Than Remaining Mortgage Payments Rasmussen , 30 Signs That The U.S. Economy
Is About To Go Into The Toilet The Economic Collapse , A Fed IOER Cut Could Backfire
on Banks, Warns Pimco , 3 Reasons Markets Were Up As
Central Banks Stepped in to Boost Dollar Liquidity in European Banks
Wall St. Cheat Sheet ‘Today the
Department of Labor announced that consumer prices
had climbed twice what economists had predicted in August, while initial jobless claims jumped last week to their highest
level since June. The Federal Reserve Bank of New York’s report on manufacturing in the region contracted more than expected
in September, while its general economic index dropped to its weakest
reading since November 2010, indicating that companies in the region covered by
the New York Fed’s manufacturing index are cutting back. The consumer-price
report also showed that hourly earnings fell in
August in their biggest one-month decline since July 2008, while the
cost of energy, food, healthcare, and shelter all rose.‘ , David Rosenberg: “It’s Time To
Start Calling This For What It Is: A Modern Day Depression” Zero
Hedge ,
Geithner: Economy In “An Early
Stage” Of Crisis , Flat retail
sales keeps U.S. on recession watch ) fraud / manipulated
programmed hft (high frequency trades – see, ie., What to Expect Next From the
Markets , Dave’s
Daily, infra ) and b***s*** alone! [ Stock Market Secret Word of the
Day Is 'Delusion' WSJ , watch
for fake data / reports out of their sheer desperation , ‘american
technology is horrendous and vastly overrated!’ I really mean it; and that’s
reality, which speaks volumes about the pathetic state of the world , Minyanville's
T3 Daily Recap: Market Squeeze Continues, But Was it a Trap? By T3Live.com ‘Today's action … another
clever ploy to suck in longs while relieving some of the oversold condition of
the market’ , Don't Trust Wall Street and
this Market ETFguide ,
Congress
budget agency warns panel of economic ills , Nearly 1
in 6 Americans in poverty, Census says , Cisco cuts
long-term sales growth forecast
, International
alarm over euro zone crisis grows
, Why Can't Wall Street Be
Honest With The Public? Forbes , Venture
capital veteran Perkins sees danger ahead , These Wall Street Firms are
About to Start Firing People Like Crazy , Same Alan Greenspan Who Warned
Against Budget Surplus Now Warns About Deficit , ETF Redemptions Highest Since
2008: Report ETF Trends , 20 Signs Of Imminent Financial
Collapse In Europe The Economic Collapse , The 2nd Edge Of Modern
Financial Repression: Manipulating Inflation Indexes To Steal From Retirees
& Public Workers Gold Seek Lawless America:
20 Examples Of Desperate People Doing Desperate Things The American
Dream , Poverty In
America: A Special Report The Economic Collapse | America is getting
poorer. How
Greece Is Mocking the Rest of the World [ Well, let’s get real here! There’s plenty to mock in
this world, and Greece is hardly the nation to be doing the mocking. I think
it’s the markets that are mocking the rest of the world’s stupidity for buying
into this false reality / obfuscation / fraud, particularly by way of the now
pervasive worldwide acceptance of the american strategy of currency debasement
which really is a fraud facilitator because it masks to all but the intelligent
few the underlying economic weakness and decline. A simplistic example, though
not perfect, is apropos here: a company sells a product for 1 dollar which
costs 1 dollar to make (assuming arguendo to cover fixed expenses - no profit).
The fed over-printing / creating dollars like mad to the point where it now
takes 2 dollars to render the same purchasing power of 1 dollar when the goods were produced. The
company sells the products for 2 dollars (the previous equivalent of 1 dollar
before debasement). The company is now showing earnings 1 dollar per unit sold,
yet in real terms, they’ve gotten no more than the equivalent of that 1 dollar
per unit. (If you’ve been to the grocery store lately, particularly the last
1-2 months, I’ve found meats, etc., to be up 50-100%, etc.). The same
obfuscating manipulations are applicable to assets generally, and to those
pieces of paper called stocks which are even ‘worse for the wear’ since
churn-and-earn commissions at lightning computerized speed are being subtracted
from this illusory ‘enhanced value’ which in reality doesn’t exist at all. (
Such manipulations from currency translation also provide ‘arbitrage
opportunities’ though similarly largely ultimately subtracted from no real
value being created. ) This is why fraudulent wall street loves the fed’s QE’s
and dollar debasement / over-printing / creating and also why it’s been a
dismal failure and a net negative in real economic terms as seen on main street
and in the decimation of the middle class and growing ranks of the poor. In the
analysis of securities, this would be considered ‘the quality of earnings
factor’ that goes into the assignment of a p/e multiple to the projected
earnings. Sufficeth to say, this is no longer done on wall street in any real or
legitimate fashion, if at all. Indeed, it’s a fair statement to say that
security analysis is no longer a ‘practice’ as same was considered, once upon a
time, by value investors / analysts. As set forth by Dave and Cooper, infra,
computerized programmed manipulation at lightning speed has been expedient in
the short run for the wall street frauds but ultimately leads to the inevitable
crash since as I often reiterate:
‘Remember, there is no modern day alchemy that spins worthless paper
into gold except fraudulently for the frauds on wall street who’ve literally
oftimes done exactly that; ‘cashing out’ for hard currency and gold, precious
metals, at everyone else’s expense including main street. They’re just not that
important and represent, like termites eating away at the nation’s foundation,
a drag on the economy, the nation as one would expect from parasites such as
they are’. What to Expect Next From the
Markets Minyanville Jeffrey Cooper ‘Conclusion:
It looks like a program was run using the least amount of dollars to goose the
indices by focusing on some big cap names like Apple, Amazon, Baidu, IBM, and
Caterpillar { Apple Hits New High (Update1)
[ 9-19-11 This manipulated programmed trade to froth markets is a crash in the
making – sell at these ridiculous levels / take profits! }, Dave’s Daily:’.. The HAL 9000s have been doing business as HFTs (High
Frequency Traders) launching many buy or sell programs using complex algorithms
which can drive prices on indexes higher or lower in dramatic fashion. One of
their great acts is called "quote stuffing". It's another illegal
activity which the SEC hasn't quite figured out. It's as futile for them as the
illegal fee-driven recent end-of-quarter price jam-job..’] Simon
Maierhofer,September 16, 2011, ‘Webster's
dictionary defines gullible as naive and easily duped or cheated'…’
A Decade of Decline in Equity Markets
Faisal Humayun [ This is a must read and explains how the market’s been
artificially propped, the dow relative to hard assets, ie., gold (dow/gold
ratio), has actually crashed 78%, and comparable prospects for the next decade,
etc.. ‘…The Dow Jones Index was trading at 11,357 levels at the beginning of
the year 2000. More than a decade later (as of beginning July 2011), the index
is at 12582. Therefore, the index has gained 11% in the last ten years…’ Yet,
the inflationary dollar (declining) debasement rate was 31%. (-31%) {See the
inflation calculator infra – and that’s just the government (inflation) numbers
… reality is much worse!} Meanwhile, the frauds on wall street are churnin’ and
earnin’ like never before at lightning computerized speeds enabling the
high-frequency trades that are commissioned in unprecedented large volumes; a
big net negative in real economic terms.]
While Washington Fiddled The
Economy Burned at Forbes [ Oh come on! Let’s get real here!
The economy was already burning (see infra), Washington notwithstanding!
Indeed, the frauds on wall street with those contraindicated paper stock
computer programmed commissioned churn-and-earn rallies would love for you to
think it’s Washington only {that aw shucks, coulda’ been clear sailin’
otherwise moment; but the reality is that things are far more dire financially
and economically than their window-dressed scams would indicate, though
washington’s no help, incompetent, unknowledgeable, and ineffectual as they are
(although fraudulent wall street, aside from their consummate scammin’, is
little better and probably overly relied upon and light in those very areas one
would expect to find profiency; viz., finance and economics.) Most importantly,
realize that if wobama’s actions had not belied his words/campaign promises,
the nation’s position, though still ominous, would have been substantially
improved.} ] Check out this inflation calculator: http://www.albertpeia.com/inflationcalculator.htm
Here’s a picture of obama
voters / backers: http://www.albertpeia.com/wobamavoters.gif
Beneath the Market’s Swings,
Some Real Cause for Worry News Jeff Cox August 11
(CNBC) — ‘So whether this equals, falls short of, or exceeds the financial
crisis of 2008 hardly seems to matter—investors are afraid, very afraid, and
the question as much as anything in the minds of many market pros will be what
soothes that fear. Analyst Dick Bove at Rochdale Securities says he knows why:
More restrictive capital requirements and near-zero interest rates set at the
Federal Reserve [cnbc explains] that make lending neither easy nor lucrative, a
trend that will make it difficult for the economy to grow. “If one thinks
through these limitations it can be seen that banks must shrink their balance
sheets and change their business patterns to maintain their profits. What they
are unlikely to do is to expand their lending activities in order to grow the
economy,” Bove wrote in a lengthy banking analysis Thursday.“However, the
Federal Reserve is suggesting that the economy is unlikely to grow,” he wrote.
“If the Fed is prescient, then banks are facing higher loan losses, lower loan
volume, and reduced margins on a wide array of banking products. The outlook is
not appealing.”“Even though the United States is able to both print and borrow
money, it is as bankrupt as the Europeans,” Bove wrote. “Covering deficits and
paying debt with borrowed funds, some of which is newly printed, does not
constitute meeting debt service requirements.”…’
The frauds on wall street et als should be criminally prosecuted, jailed,
fined, and disgorgement imposed!
Previous, full moon and fraudulent wall street, get this, rallies on not as bad
as expected EU stress tests and better than expected google results but forget
the dire consumer (recession level) consumer sentiment number ‘cause after all,
consumer spending just a paltry 70% of GDP.
Think about this: short-lived Pavlov dog rally (the conditioned
stimulus) on hopes for more welfare for wall street and some good results in
communist China. This despite the previous failure of QE for everyone but the
frauds on wall street and ultimately, though circumlocuted, at great taxpayer
expense. Titans of capitalism? How ‘bout the biggest unprosecuted frauds in the
world. Preposterous! 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 ) …
I want just one person
with courage enough to stand up and explain to all that these huge
commissionable computerized trading volumes like never before are a net
negative in a very big way … that’s a fact … that’s economic reality in real
terms! … Trade deficit up, growth predictions by fed
scaled down [ do you recall how many upside market points for the false, more
positive growth projections by the ‘no-recession’ fed, then there’s also the
costly, hyperinflationary failed QE hopes, more fed jawboning rallies the
frauds on wall street off their lows to keep suckers suckered – they all belong
in jail! Housing Woes to Cause
Recession in 2012, Says Gary Shilling - Peter Gorenstein STOCKS BARELY FALL AFTER
MOUNTAIN OF BAD NEWS: Here's What You Need To Know Business
Insider Weisenthal Economic scenario far worse
than expected (and in this pre-election year the reality is still far worse
than reported), yet stocks still rallied off lows to keep suckers sucked in to
this fraudulent market Click here to see the new
scariest jobs chart ever
http://www.businessinsider.com/details-from-the-awful-june-june-jobs-report-2011-7 > See all 12
charts from St Louis Fed: http://static8.businessinsider.com/image/4e1712edcadcbba25f030000-595-356/chart.jpg Previous:Stocks
rally on jersey-based, former Lautenberg ADP still paltry, better than expected
157,000 private jobs number and one’s got to wonder ‘who got paid’, one way or
another, for the fudge. Then there’s the horrific ‘american tech’. Retail? The
defacto bankrupt government’s probably buying with money they don’t have, at
best; and, as with other data in these desperate pre-election-year times, plain
false, falsified, fudged, spun. Previous day, all bad news … from eurozone
(protugal, et als), to asia zone (china worse than expected), to america (where
to begin, from defacto bankruptcy, to debased currency, to insurmountable debt
/ dervice, to pervasive corruption, etc.) … stocks rally on fraud and b***s***
alone. Previous,
higher oil price rally, along with Netflix ‘technology rally’ … Don’t make me
laugh! … Total desperation on wall street and in Washington … How pathetic! … Jobless claims at 428,000 much worse than expected;
and, don’t forget, these are desperate ‘pre-election times’ when regardless of
factual reality (ie., fake reports, data, as, ie., ‘wobama hometown’ corrupt
chicago ISM is up as even their youth gangs are showing increased criminal
activity which probably accounts for the rise; ie., meth, crack labs, etc.?)
data / reports are fudged / faked / spun. Foreclosure, distressed sales
up, at least on paper with contracts signed, so no surprise nor reason to cheer
here, as markets worldwide jump on the american crazy train for a short-lived
bounce as all problems remain. This is the same month
end (and quarter, half) spurt / window dressing based on b***s*** alone to keep
the suckers suckered and an especially great time to sell / take profits since there’s
much worse to come! Talk about milking the greek crisis for the umpteenth time
a so-called solution (and there are loads of greecy scenarios worldwide … I don’t think so and neither does Schaeffer
who says: ‘…even once such a
package is passed it only buys time. Actually fixing the fiscal condition of
Greece is not something that can be solved in a matter of weeks, or even
months…‘ but it’s great press for the churn and earn and to
keep the suckers suckered. Technology rally? Defacto bankrupt american
technology is horrendous but great sizzle for the new fraud as in the dotcom
bust days. Then there’s the greasy b.s. new greecy b.s. factor. The rally into the close and
the previous so-called (4 day) ‘rally’ was based on b***s*** alone to keep the
suckers suckered and for ‘smarter money ‘ along with the frauds to sell into.
This is an especially great opportunity to sell / take profits while you still
can since there's much worse to come! Selling In May Is Very Good
Advice This Year Harding Remember:
Sell in May and Go Away and If You’ve Not Sold by June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ [ He’s not alone! PRECHTER: We're Still In A
Massive Bear Market And Stocks Will Crash To New Lows Stock Market: 4 Current
Warning Signs Navin ‘…1) The 5-year high in the level of insider corporate stock sales
is telling. At 565 sells for every 1 buy,
it’s never been higher. Yes, it’s normal for insiders to be selling some of
their stocks so they can buy new yachts and some of this is pre-planned. But
that ratio — which has spiked recently — is extraordinarily high, one might
even say off-the-chart. Wall Street 'Vastly
Underestimating' Risk of Debt Default Forbes / Robert Lenzner StreetTalk ‘ “Meet
the Press” climaxed Sunday with a startling market prognostication from
David Brooks, conservative columnist for the NY
Times.
The risk of a debt default over the combustible issue of the Medicare deficit
hangs over the course of the stock market. Buyers Beware!“I was up in Wall
Street this week,” Brooks said. “They’re vastly underestimating the
source of piolitical risk here. We could have a major problem, I think, either
this summer or the next couple years. And I’d be worried about investing too
much in the market. That’s my financial advice.”…’ Another Financial Crisis Is On
The Way, Mobius Says Market Crash 6/30/11?Technical indicators suggest
market collapse may begin by June 30th Dennis Slothower is one of the world’s
leading technical analysts. He’s one of the few advisors whose readers
completely avoided ALL losses during the disaster that was 2008. And now he’s
issuing another dire warning. His technical indicators suggest that the market
manipulation we’ve seen over the last several months is about to come to an
end…and that means thousands of investors are about to get clobbered. This
correction could begin as soon as June 30th– so
it’s important that you take action now to prepare yourself.
StealthStocksOnline.com STOCKS HAVE BIG RALLY AFTER
PILES OF UGLY NEWS: Here's What You need To Know Harry Dent: “Major Crash”
Coming for Stocks, Commodities Already Topping Out 24 Signs Of Economic Decline
In America ‘The US is in the middle of a devastating long-term
economic decline..’ ] States face shortfall for
retirees (WP) Public
workers’ retirement funds had a gap of $1.26 trillion at the end of fiscal
2009 Study: Affordable rentals
scarce (WP) Poll: For Obama, low marks on
Afghan war (WP) Fuel prices cut into Obama
popularity (WP) They’ve
used the contrived mideast turmoil and their wars to obfuscate and divert
attention from their failure. Davis ‘This is how we pay off our current debts and I think
bondholders are simply happy to get anything out of a country that admits it
owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn (entire global
GDP) in the form of unfunded liabilities. The funniest thing about this (and
you have to laugh) is to see Conservative pundits get on TV and talk about how
we need to cut $100Bn worth of discretionary spending to "fix" this
(while continuing to spend $1Tn on the military and $1Tn on tax cuts for the
top 1% each year). There is no fixing this and even a Republican said you can’t
fool all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL
OUT THERE! ‘ Dave's Daily 'If you can keep interest rates this low this long, its
inevitable cheap financing can allow companies to start cobbling each other up.
Further Ben's policies allow companies like IBM to sell bonds at 1% and buy
back shares with the proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary Dealers can buy back
their shares and pay dividends with what essentially is taxpayer money-- Why
The Dow Will Plunge To 7,000 By 24/7 Wall St. S&P Poised For Dropoff, Says
Initial Jobless Claims Forbes / Maureen Farrell
Take A Lesson From 2007 And
Sell Stocks Now at Forbes, Sean Hanlon ‘August has given new
meaning to “the
dog days of summer” as the broad equity market has retracted all
year-to-date gains and dropped into negative territory, all within the first
couple weeks.
As written in
my previous Market Commentary
on July 20, our research uncovered potentially dangerous activity in the equity
markets that could lead to a break and high volatility. We presented this
in that Market Commentary by the chart in Figure 1 below. Using our
proprietary research methodologies, we elected to make a major “tactical” move on June 17.
That move
reduced all equity and high-yield bond exposure, creating 50% cash or cash
equivalent allocations across all portfolios. This defensive move was shown to
be prudent as volatility erupted and considerable downside was experienced in
equity markets in the first week of August, as shown in Figure 2.
Figure 1
(click image to enlarge.)
http://blogs-images.forbes.com/advisor/files/2011/08/11.jpg
With this
heightened volatility, we were observant that this market behavior was eerily
similar to market conditions in 2007. To elaborate on this point, let’s compare the S&P 500
Index for 2007 vs. the first seven months of 2011. As you can see below
in Figure 2, 2007 experienced high volatility yet remained range-bound in an
upward trend (represented by the overlaid black bands).
Figure 2
(click image to enlarge.)
http://blogs-images.forbes.com/advisor/files/2011/08/2.jpg
The first half
of 2011 maintained a range-bound upward trend until finally breaking sharply to
the downside in the first week of August.
Of course now
everyone wants to know what happens next? Our research has no special
predictive power of what may happen now that the “trend” has been broken.
Instead, what our research is telling us is to remain extremely cautious at this
time. We have since moved client portfolios to almost 100% money markets
and/or cash equivalents in all accounts. We do maintain some high quality
bond positions.
You may think “But I can’t make any money in money
markets, they pay nothing these days!” True enough, but there are many times in one’s investing lifetime
where the best investment is to simply maintain principal. That principal
amount will be able to potentially purchase more in the not too distant future.
A simple
example is stocks. On April 29 of this year, $1,340 purchased the
equivalent of one S&P 500 Index share. Today, to own those same
companies that make up the S&P 500 Index, the cost is below $1,200, yet the
same amount of dividends is being received. In this period preserving principal
has resulted in increased “investment” purchasing power, income and potentially increased
return.
Related article: Watch Out: 2011 Looks A Lot
Like The Market Top In 2007 ‘
New Business Articles / Topics / Links
{scroll down to current
date, past links of continued, current importance} [ or, go directly to today’s business headlines ]
All
truth passes through three stages. First, it is ridiculed. Second, it is
violently opposed. Third, it is accepted as being self-evident.--Arthur Schopenhauer
Compendium of
Important Business / National / World News / Topics / Articles / Headlines
http://albertpeia.com/articlelinkspage3.htm
STOP ACTA AND TPP http://albertpeia.com/stopactatpp.htm
Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is centers on
the amount of drug trafficking that benefits the CIA and international banking
system. Natural News
February 1, 2012 [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The
hypocrisy of the war on drugs is outrageous when compared to the amount of drug
trafficking that benefits the CIA and international banking system. The son of
a convicted notorious mobster, John Gotti Jr, when asked in court if the family
still dealt drugs cracked, “No, we can’t compete with the government.”
http://albertpeia.com/3real2.png
http://albertpeia.com/3real3.png
http://albertpeia.com/3real4.png
I Can’t Take It Anymore! When
Will The Government Quit Putting Out Fraudulent Employment Statistics? http://theeconomiccollapseblog.com http://albertpeia.com/governmentfraudulentemploymentstats.htm
News Flash: The Rally Is
Over…For Now The Wall
Street Journal ‘..That’s enough of a pullback for Mr. Arbeter to call a
near-term top. He sees the S&P 500 tumbling into the 1290 to 1320 range by
early March, with tech stocks as the ”most overbought and vulnerable to
some profit taking.”..’This Is What An
Economic Depression Looks Like In The 21st Century http://theeconomiccollapseblog.com http://albertpeia.com/21centurydepressiongreecedusup.htm
9-19-12
America’s Coming Depression Posted by
: Bruce Krasting
Post date: 06/17/2012 - 09:27 Happy Father's Day!
http://albertpeia.com/holytoledo.htm
Dave’s Daily:
http://www.etfdigest.com http://etfdigest.com/commentary.html BANKS RALLY ON DOWNGRADES 6-22-12
It would appear the rating agencies are either “leading
from behind” or just don’t have much respect these days after they botched the
mortgage crisis { As an aside, I
thought Rodney Dangerfield was absolutely hilarious in that great comedy
classic, ‘Caddyshack’ and I’m glad Dave used his image here http://albertpeia.com/dangerfieldindeed.jpg }.
http://albertpeia.com/europeinsolvent.htm
http://albertpeia.com/toomuchdebt.htm
http://endoftheamericandream.com
http://albertpeia.com/americandreamdestroyed.htm
June 27,
2012 By gpc1981 http://albertpeia.com/eualreadybrokenup.htm
GOP:
Ruling will hurt swing-state Dems in November { This may seem
somewhat counterintuitive and a bit of a rationalization; but, it is absolutely
true. So true in fact, that wobama will come to be compared to Pyrrhus of
Ephyrus (W. Greece) since realization of what this legislation won’t do for
americans and the economy and what it actually does will not have the
galvanizing effect that striking the bill down would have had on voters who
were thinking ‘another free lunch from the government’ will save them (we all
now know better, no such thing). Yes, in somewhat European tradition, defacto
bankrupt america is keeping up with the (ie., rating agencies Egan) Joneses.
After all, we all know how well this European program model is working out for
Europe (and any other nation that’s tried it). In the final analysis, this and
such programs as the contraindicated bailouts for the unprosecuted frauds on
wall street, etc., will prove to be the ‘camel-back breaking’ moment for america;
and, a pyrrhic victory for the egregiously failed president wobama. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … }
http://albertpeia.com/15reasonsobamacareisadisaster.htm
Europe Will See Deep Depression,
Schoenberger Says
The Great Crash Ahead with
Author Harry Dent
http://albertpeia.com/anotherbiggestfinancialscandal.htm
http://albertpeia.com/20factsaboutwalmart.htm
{ All I can say now is
that in very ‘unamerican fashion’, my latest infrequent Walmart transaction was
absolutely flawless in price, quality, and execution. I’m still ‘numb’ from the
very ‘unamerican experience’! This
article is included as a matter of first amendment principle! }
http://albertpeia.com/70reasonstomournforamerica.htm
http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Obama
administration repeats same jobs line — for the 30th month
http://albertpeia.com/neverenoughjobsinamericaagain.htm
http://albertpeia.com/10waysobamakillingjobsinamerica.htm
http://albertpeia.com/archives.htm
http://albertpeia.com/14creepygovernmenttechnologiestospyonyou.htm
Formal complaint seeks
disbarment of Eric Holder in DC
Daily Caller | Attorney
General Eric Holder could lose his license to practice law in the District of
Columbia.
http://albertpeia.com/euinrecessionusrecessionchinachinakissmyhina.htm
http://albertpeia.com/corndyingoveramerica.htm
http://albertpeia.com/19warningsofglobalcatastrophe.htm
http://albertpeia.com/4reasonsforlessoptimism.htm
http://albertpeia.com/27thingsamericansshouldknowaboutnationaldebt.htm
http://albertpeia.com/12hellholesvisionofamericasfuture.htm
Http://albertpeia.com/nomoreqe.htm
http://albertpeia.com/fedcantwontsaveusfromgreatdepression.htm
The New Depression: The
Breakdown of the Paper Money Economy
http://albertpeia.com/endofbernankeput.htm
http://albertpeia.com/endofpetrodollar.htm
http://albertpeia.com/germanywillleaveeuro.htm
Paul Joseph Watson | One of
the biggest cover-ups in U.S. political history. http://albertpeia.com/obamasfraudulentbirthcertificate.htm
http://albertpeia.com/americacursed.htm
http://albertpeia.com/12signsusrecessionhasbegun.htm
http://albertpeia.com/20signspointtoeconomiccrisiscollapse.htm
Dave’s
Daily: http://www.etfdigest.com
BAD DATA IGNORED IN FAVOR OF
TECH 7-19-12 { Tech? Palease, don’t make me laugh! This ‘bad news is good’ scenario based upon hopes for contraindicated,
egregiously failed QE for the benefit of the frauds on wall street only to the
detriment of everyone else with such hopium rallying stocks has gone beyond the
point of ridiculous. It’s really rather pathetic, these so-called wall street
mavens/titans of capitalism, the largest of which remain unprosecuted for their
huge, lucrative, debilitating frauds wanting/expecting even more on the public
dole. They’ve even gotten to the point where their computers are
selling to themselves for the ‘churn and earn’ along with the algo-driven contraindicated moves up.
The markets are totally cooked! Dave as always is spot-on the case! }
http://albertpeia.com/globalfoodcrisis.htm
Dave’s Daily: http://www.etfdigest.com http://albertpeia.com/stockmarketreplay.htm ‘2010-11 STOCK MARKET REPLAY 7-23-12
July 23,
2012 By gpc1981 http://albertpeia.com/europesystemiccollapse.htm …
After
that will come Japan, then finally the US. By the time the smoke clears, we
will have seen systemic collapse.
This
will mean:
1)
Many major banks disappearing, as well as numerous potentially lengthy bank
holidays (think Argentina in 2001)
2)
Multiple sovereign defaults as well as broad economic contractions and their
commensurate unemployment/ civil unrest/ erasure of retirement accounts/
pensions (this process has already begun in some US municipals, e.g. San
Bernandino and Stockton California as well as Harrisburg Pennsylvania).
3)
Possibly new currencies being introduced or new denominations of currencies
(say one new unit being worth 1,000 of the old one)
4)
Massive wealth destruction to the tune of tens of trillions of Dollars (think
MF Global i.e. the money is gone…
only systemically… in fact we just had another such
instance with PF)
5)
A global contraction that will result in new political/ power structures being
implemented as well as the breakup of various countries/ unions.
6)
Very serious trade wars to begin (see Obama’s recent attack on China) and very
possibly a real war.
If
the above make you frightened, you’re not alone. As I’ve
dug deeper and deeper into the inner workings of the global financial system
over the past months, the information I’ve come across has only gotten worse. I’ve
been holding off writing all of this because up until roughly April/May it
seemed possible that the world might veer towards another outcome.
I
no longer view this to be the case. I am almost certain that what I’ve
written above will come to pass. I know that much of what I’ve
written to you in the past could be labeled as “gloom
and doom.” However, I want you to know that I do
not use the words “systemic collapse”
lightly. Indeed, I wish I wasn’t
mentioning them now, but I’d be doing you a disservice not to
bring them up because we’re well on our way towards it.
http://albertpeia.com/americansickos.htm
http://albertpeia.com/12signsspainrecessiontodepression.htm
http://albertpeia.com/nytimessaysallusnewscensoredbygovt.htm
http://endoftheamericandream.com
http://albertpeia.com/55percentamericansbelievegovernmentwilltakecareofthemindisaster.htm
{ Of course, this is absolutely foolish based upon reality and what we’ve
actually witnessed. I’ve found through direct experience you can’t even depend
on the government to do what they’re legally required to do as defined by law,
so corrupt and incompetent the u.s. government has become: see, http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
Submitted by Tyler Durden on 07/24/2012 http://albertpeia.com/libor.jpg
http://albertpeia.com/nothingthatsaneradultscantcure.htm
{ Riiiiight! It’s them dern
kids who comb their hair in that funny way! Dem dern kids who’ve bankrupted the
nation and their generation particularly without even asking themselves! Dern
kids who’ve watched these ubiquitous wall street frauds churn and earn by way
of computerized algo frauds day in, day out among the largest frauds by the
largest institutions still unprosecuted but ‘donating’ heavily to the corrupt,
incompetent politicos which makes their nation-debilitating crimes seem
‘alright’! Dern kids who’ve kept those real wars rolling for the sake of the
military industrial complex as warned against by the great but underrated
President General Eisenhower. Dern kids who clamour to be abused by sick,
pedophilic adults. Well, one could at best for the sake of this article’s
strained credibility/premise say, ‘it’s all in their genes’; which of course
leads us ineluctably back to the quintessential question, ‘what’s wrong with
american kids?’ and the unequivocal answer, ‘look in the mirror politically
correct american adults’! The following article is included as a matter of
first amendment principle. As for me, it’s not the kids who are america’s/this
world’s problem! }
http://albertpeia.com/100millionpovertystrickenamericans.htm
http://albertpeia.com/downgoesbritain.htm
Dave’s
Daily: http://www.etfdigest.com SANDY FALLS ON GOLD PLATED SWORD 7-25-12 { Sandy who? Aw geeh … I thought
Dave was talking about that other sandy (sandusky of jo pa’s p.s. fame, they worshipped together) who cornholed
quite a few himself! } ‘Now that
the architect behind the repeal of Glass-Steagall has made off with his
hundreds of millions he comes clean and says the entire episode was a mistake {
Riiiiight! In the immortal words of Maxwell Smart, ‘’missed it
by that much’ }.
http://albertpeia.com/europecanandwillcausesystemiccollapse.htm
Dave’s Daily: http://www.etfdigest.com ‘DRAGHI JAWBONES SHORT SQUEEZE
7-26-12
“Words, words, words,
I'm so sick of words
I get words all day through
First from him, now from you
Is that all you blighters can do
Sing me no song, read
me no rhyme
Don't waste my time, show me
Don't talk of June, don't talk of fall
Don't talk at all, show me
Never do I ever want to hear another word
There isn't one I haven't heard”
- Alan Lerner: My Fair Lady
Facebook revenue growth skids, shares
plunge
http://albertpeia.com/draghinbsandcrash.htm
http://albertpeia.com/obamademskillauditfed.htm
Dave’s
Daily: http://www.etfdigest.com BULLISH QE ALGOS 7-27-12 ‘It’s difficult to comprehend the tape sometimes,
especially when you try to square it with the overall news. The bottom line is
bulls have placed their bets that the eurozone will be fixed and weaker U.S.
GDP both will be met by a heavy dose of QE. Everything else doesn’t matter.
Bulls don’t believe the Germans, despite Bundesbank’s comments to the
contrary; will block bond buying by Draghi and the ECB. The key phrase in the
linked WSJ article was, “If there is no ECB bond buying next week stocks will
collapse”. { AP: What I really can’t fathom is
how, why people are so eager to support the churn-and-earn paper fraud on wall
street (their computers are literally selling to themselves along with the
other programmed algo insanity – helping/facilitating these costly wall street frauds
which have not helped but in many ways hurt the real economy – their gain
is everyone else’s pain as that money in their pockets must come from
some real place; viz., your pockets – there’s no free lunch). Their buying time with b***s***
also facilitates the transfer of their ‘worthless paper hot potatoes’ to ie.,
taxpayers, governments, etc.. Totally pathetic! We’re way past
the ‘fool me
twice, shame on me’ stage! They
really have to be prosecuted and put in jail where they belong. They’re just not
that important and they are a substantial detriment to the real economy and
society generally. They have no fear of prosecution and have continued their
paper frauds where they left off last crisis, and seek once again to cash out
for hard currency, metals with the greater fools holding their worthless paper
bag. I used to follow the markets when value/valuation meant something. Now I
track them only to discern the ever greater frauds and the ‘political
connectivity’ to same. }
http://albertpeia.com/17reasonsrecessionnow.htm
http://albertpeia.com/19wayscontrolfreakskillinguswithregs.htm
Dave Bohon |
Supporters of homosexual marriage, however, have been unable to leave the issue
and “agree to
disagree.” { I believe the concerted wrongful conduct of
the respective cities et als vis-à-vis Chick-Fil-A may well be actionable as a
business tort and as well, a violation of constitutionally protected rights
of free speech, having a chilling
effect thereon, by way of incorporation thereof under the fourteenth amendment
of the u.s. constitution, as well as pursuant to the respective state
constitutions applicable to the offending cities. }
http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
{ My own feeling on
the subject is live and let live, but that the state has no place in getting ‘behind’
this contraindicated behavior. Look at the subject cities rallying in the name
of ‘cornholin’ (For the gay vote? How totally pathetic!). Without
exception, they are literally domestic war zones, in decay, decline, and
heading as the nation toward fiscal ruin, defacto/outright bankruptcy. They
really should be concentrating on things that really matter before foolishly
attacking freedom of speech. Previously: EVOLUTION:
OBAMA NOW BACKS GAY MARRIAGE… [
Well, with some frolicking documented cocaine/gay sex
romping in his past, he’d
be hard pressed not to. Interestingly, Clit Eastwood has come out in favor of
gay marriage saying he doesn’t give a f**k… good for you Clit; spoken like a true egalitarian. Truth
be told, I always liked those spaghetti westerns that put him on the map; his
own ‘Pale
Rider’,
particularly; and of course, the ‘Dirty Harry’ series. Aside from that, I find him/his films boring,
shallow, and plebian beyond tears; hardly the philosopher king. Yet, I also don’t give a f**k regarding
gays living their lives as they wish, with full constitutional protections
consistent with their presumed law-abiding lives, particularly in a world like
this, such as it is. But, that doesn’t mean the ‘state’ must get behind (no pun intended) same. There are few if
any legal statuses that can’t be achieved through legal document, ie., adoptions,
trust beneficiaries, etc.. Marriage, procreation, the province of a man/woman
relationship has always been a given. Also interesting was the take on same by
reknown Psychiatrist Maslow (his famed, laudable work regarding hierarchy of
needs, etc., needs no introduction) who wrote and posited that homosexuality
was physically, anatomically contraindicated. Again, let me reiterate a live,
let live position while cautioning against the state getting behind (again, no
pun) same and potentially giving young, pubescent, impressionable boys the idea
that penises were made for male a**holes and not female vaginas. ] ... OBAMA ADMITS
FABRICATING GIRLFRIEND IN MEMOIR { Latent gay man obama - ... Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming to
represent me called asking for $100,000, to keep me from coming forward about
our (Obama and I) November 1999 encounter of sex and cocaine use?), ... Obama
is just another Banksters' moll prostituting himself .., and that's why he
supported the grotesque bail-out of the banking system and why he will always
put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }
http://albertpeia.com/newworldordervedgesmockus.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. }
http://albertpeia.com/planetalreadyruined.htm }
http://albertpeia.com/11signstimesrunoutforfinancialsystem.htm
July 30,
2012 By gpc1981 http://gainspainscapital.com http://albertpeia.com/spainfinishedandfinancialsystemcollapse.htm
http://albertpeia.com/civilunrestishereandworstening.htm
http://albertpeia.com/flashmobrobberrieslootingnormalinamerica.htm
Dave’s Daily: http://www.etfdigest.com INVESTORS WAIT ON CENTRAL BANKS AND JOBS 7-31-12 ‘…Bill Gross: WE’RE WITNESSING THE DEATH OF
EQUITIES 7-31-12 By
Steven Russolillo, WSJ Blogs
MarketBeat WSJ.com's inside look at the markets ‘The
bond king says stocks are dead…’
http://albertpeia.com/65signseconomiccollapsehappening.htm
http://albertpeia.com/germanydebttogdpnow300percent.htm
http://albertpeia.com/droughtdustpowergridfailuresfuture.htm
http://albertpeia.com/merkelholdsspainfolds.htm
August 3,
2012 By gpc1981
http://albertpeia.com/bernankeputalie.htm
http://albertpeia.com/usemploymentratelowerthanlastrecession.htm
Submitted
by Tyler Durden on 08/03/2012 { Wobama the b for b***s*** speaks
… on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … ) 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…’] }
http://endoftheamericandream.com
http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
{ Think about this! By wobama’s own
criteria in his last total b***s*** campaign, he should be stepping down;
having failed on all counts and then some. He also promised to cut the nation’s
deficit in half by the end of his term; yet, he has increased the nation’s
deficit by a record amount greater than all the presidents since Eisenhower
COMBINED ($5 trillion). He has done this to help cover up his unequivocal
failure by any standard by which you measure a presidency, including his own.
People in america must show the Washingtonians they are not doormats! They must
stand up and let these politicos know that results count; particularly promised
results. Absent positive results as with unmitigated failure, choom-gang-banger
wobama, they get the boot. President Romney deserves the 4 years he’ll have to
turn this disaster called america around. If President Romney doesn’t cut the
mustard in 4 years as promised, then he will be out. Results Count! I believe
that people in the final analysis will choose self-respect; that is, choose NOT
to be wobama’s doormat. Despite and contrary to wobama’s
spin/propagandameisters’ desperate spin/outright falsity which addresses
anything but wobama’s clear record of failure, President Romney is smart
enough, flexible enough, and with a record of concrete results behind him as
compared to wobama choom fantasy/b***s***, President Romney will be a hands-on
President to the entire nation in the most positive sense. As such, I believe
people will choose self-respect, reality, real results which will make
President Romney’s election a substantial margin blowout victory!
Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere
one looks…The government’s total indebtedness is $211 trillion’ … ) Obama's Five Trillion Dollar
Lie http://albertpeia.com/obamas5trilliondollarlie.htm }
http://albertpeia.com/morethan100millionamericansonwelfare.htm
Buchanan: 'Obama has steadily diminished both himself and
the office he holds'... {
Indeed he has; and, that’s putting it mildly! } ‘…In an ad produced by the super PAC Priorities USA,
Mitt Romney is charged with moral, if not material, complicity in the cancer
death of the wife of a Missouri steelworker. Speaking straight into the camera,
Joe Soptic, 62, charges Romney with coldly shutting down the plant where he
worked and cutting off his health insurance. This, says Soptic, left his wife
without insurance to pay for her care, until, falling ill, she went to a
doctor, who discovered stage 4 cancer, which killed her in 22 days.Soptic
implies a causal connection between Romney’s decision to shut the plant and his
wife’s death. The ad is a premeditated attempt to murder the reputation of Mitt
Romney. And from start to finish, it is a deception. The truth. Mitt Romney
gave up leadership of Bain Capital in 1999. The steel plant was closed in 2001.
Soptic lost his health insurance, but his wife was still working and had hers.
She lost her job and insurance in 2003. Her illness and cancer were discovered
in 2006, when Romney was ending his fourth year as governor of
Massachusetts…’ { It’s really quite
amazing: everything but the facts/truth from wobama et als. Actually, wobama
has a real tax evader in his ranks; viz., tiny tim geithner who asserted the
statute of limitations to get out of paying taxes that were rightfully due.
Should President Romney as a rational business man whose record at Bain was
conceded by Bill Clinton to have been sterling have instructed his accountants
to forget all they know about accounting/taxation and do a bad job (now doing a
bad job is something that failed president wobama can identify with and knows
something about). Then there’s dirty harry: Drudgereport: HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but 'still
very depressed'...
Ethics investigation continues...
BIASED MEDIA BASH: 86% of Romney coverage NEGATIVE...
{ Friday Humor: (obama last
campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The
End Of My First Term In Office" ZeroHedge.com Wow! The only explanation
might be they’ve been duped by wobama along with the rest of the nation and are
too embarrassed for not doing their reasonably expected due diligence on
grifter obama and just won’t own up to the reality of the fraud called wobama!
Wobama the b for b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our
government is utterly broke. There are signs everywhere one looks…The
government’s total indebtedness is $211
trillion’ … ) 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…’] } Boehner: Obama has 'never even had a real job, for God's
sake'...
O BRINGS BACK TELEPROMPTER...
REPORT: Warnings ignored in Solyndra loan...
{ In the final analysis, I truly believe americans will prove they are not that
dumb; that they are not going to be shamed by being fooled twice (fool me once,
shame on you; fool me twice, shame on me); that they will let politicians
everywhere know that results count! Keeping campaign promises counts! Hope and
change…can you believe that wobama et als are actually saying that again? The
audacity…eh, what the heck…he’s just a typical jive-talking black…cut him some
slack…pathetic…The only reality for hope and change is hope that wobama changes.
That’s not likely! He’s gotten by on b***s*** his entire life and is a
desperate and total fraud! I believe this will be a reality-based high-margin
blowout victory for President Romney! }
Prisonplanet.com
| The Thomas More Law Center has announced that it has filed a federal
lawsuit against Homeland Security Secretary Janet Napolitano.
Shocking Federal Lawsuit
Against DHS Napolitano: Big Sis Favored Her Gal Pals, Treated Male Staffers “Like Lapdogs,” Her Female Staff Tormented
Male Employees with “Sexually Charged Games” { Whoa! Lapdog to Napolitano! Whew! Ew!
Wow! Yuck! After all, jano almost makes mo reno look like a beauty queen! I’m starting
to get dry heaves! …In the suit Hayes also accused Napolitano’s chief of
staff at ICE, Suzanne Barr, of repeated 'sexually offensive behaviour' intended
to 'humiliate and intimidate male employees'.On one occasion, Barr called a
colleague in his hotel room and screamed using sexually explicit language,
telling him she 'wanted his c*** in the back of [her] throat' (of course, this
impressionable lesbian must have seen ‘deep throat’; maybe she really thinks there’s a
possibility she has a clitoris in the deep recesses of her throat…or not…just
kidding). Might this be behind (pun) the sadistic groping of TSA. Pretty sordid
stuff, indeed! } Hayes claims he 'felt that he was being
targeted because of his gender' and witnessed Barr repeatedly picking on men.
She 'created a frat-house type atmosphere that is targeted to humiliate and
intimidate male employees', according to court papers. In 2009 she 'removed the
entire contents of the offices of three male employees, including nameplates,
computers and telephones, to the men’s bathroom at ICE headquarters'. Read more: http://www.dailymail.co.uk/news/article-2186507/Janet-Napolitano-favoured-woman-long-relationship-job.html#ixzz23ERN7rMx }
http://albertpeia.com/nationalconsequencesofenslavementtobankers.htm { I really have to tell you, I’d rather be
enslaved by bankers than … Jano, see supra … Just kidding! Neither, is my real
answer! }
Dave’s Daily: http://www.etfdigest.com COMPLACENCY IN LATE AUGUST 8-13-12 { Complacency? More like insanity as
market reactions were the logical opposites to what the data would dictate,
infra. But, that’s been true for quite some time on fraudulent wall
street.
http://albertpeia.com/imminentfinancialcollapse.htm
August 15,
2012 By gpc1981 http://albertpeia.com/europesbailmario.htm
Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite
some time now and is quite a pathetic scenario! } Legal
precedent means nothing. Rule of law means nothing. Free speech means
nothing. Their own treaties mean nothing. It’s unbelievable. Anyone in the west who honestly
thinks he’s still living in a free society is either a
fool or completely out of touch. If that seems too radical an idea, consider
that ECUADOR is now the only nation which stands to defend freedom and
human rights against an assault from the United States, the United
Kingdom, and their spineless allies. The west has just become a giant banana
republic. Have you hit your breaking point yet? If not now… when? { {
I’m
really constrained to interject my own direct experience with the FBI here;
and, I must say I do so lamentably. If you want no real results vis-à-vis
organized crime which now extends to the upper reaches, highest levels of the
corrupt u.s. government, go to the FBI. I discounted the new jersey FBI as just
typical corrupt, mob infested jersey which thinks in terms of discos/casinos.
But, truth be told, they never ask the ‘tough’ questions of the biggest criminals; ie., the biggest
wall street frauds, cia connected illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff,
alito, etc.; but, they did go after Martha Stewart in a very big way over a
$45,000 transaction. Wow! You can’t make this stuff up. I also don’t believe their
(understated) crime stats for even a second. I’m beginning to feel
foolish for having even put my full faith and trust in them, much less the ‘federal (judicial) system’ who share the ‘same employer’; and, despite my
antipathy for the mob, probably would have fared ‘more fairly’ with the mobsters
directly who seem to have at least some sense of the magnitude of the fraud
involved and the pervasive corruption of the system and government and maybe a
semblance of honor in this nation of protracted decline. It never would have
occurred to me back when for me, such a choice/decision was clear-cut and
simple. Such a course as mine I no longer could recommend inasmuch as there is
little difference between state/government sponsored crime/corruption and that
perpetrated by other criminal elements, from my direct experience with both,
infra: Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless. Jersey
‘italian’ snooki? In mob infested
new jersey, who knows (one of the properties in my proceedings for which
surplus funds are unaccounted for was a 2 bedroom 1 and 1/2 bath condominium in
seaside heights, n.j.). But debauchery an american specialty? Another rare
instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct involvement in
the illegal drug trade). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city boy louis freeh, labeled by former Prosecutor Larry Klaiman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN,
LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
Jul 31, 2000 – Judicial Watch is a
public-interest law firm that fights corruption in government. To read
Larry Klayman's letter to Louis Freeh, ...
... security," said JW
Chairman Larry Klayman. "His behavior stands in stark contrast to
Louis Freeh, a man so corrupt he destroyed the office he led,
...
“Louis Freeh
will finally have to answer in court for what he did to our clients. ...
answers,” stated Judicial Watch Chairman and General Counsel Larry Klayman.
...
Klayman, Larry, Chairman, Judicial
Watch ... My name is Larry Klayman. ... interest group that
investigates and prosecutes government corruption and abuse. ......
They seized his computer – these are FBI agents at the direction of Louis
Freeh, ...
May 3, 2001 – Because of his corrupt
behavior, Freeh was placed on Judicial Watch's ... stated Judicial
Watch Chairman and General Counsel Larry Klayman. ...
May 27, 2000 – By Larry Klayman
... While Judicial Watch has asked FBI Director Louis Freeh to ....
lawsuits against a corrupt and unrepentant Clinton-Gore ...
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit
cover-up / fraud on the part of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven
M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear
Sir:
I enclose
herewith 3 copies of the within DVD rom autorun disk (which will open in your
computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document
in 5 pages under penalty of perjury I was asked to forward to the FBI office in
New Haven is probably the best and most concise summary of the case RICO
Summary to FBI Under Penalty of Perjury at Their Request (5
pages) [ ricosummarytoFBIunderpenaltyofperjury.pdf
http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The
correspondence I received from the Congresswoman by way of email attachment
(apparent but typical problem with my mail) along with my response thereto is
included on the 3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to
the LA office and I was referred to the Long Beach, CA office where I
personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary
documents of the money laundering which he confirmed as indicative of same (he
was transferred from said office within approximately a month of said meeting
and his location was not disclosed to me upon inquiry). The matter was assigned
to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In
contradistinction to the statement in said correspondence, there is a plethora
of information including evidence supporting the claims set forth in
the RICO VERIFIED COMPLAINT
(see infra). Such includes and as set forth in the case, inter alia,
· A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which could be used for payment to creditors, Los Angeles, etc..
· Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
· The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever by the court’s deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
·
Defendant Coan had filed an action against me to
prevent me from suing him which necessitated me to fly to Connecticut for a
hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District of
Connecticut, who denied Coan’s requested relief as to Coan but precluded my
action against Shiff (although there is no immunity, judicial or otherwise, for
criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) .
[ transcript in pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf
]
· Newly appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.
·
Probative and evidentiary documents, affidavits,
exhibits, including those turned over to FBI Agent Jeff Hayes in Long Beach,
CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met
personally at the U.S. Attorney’s Office in Newark, N.J., at which time Samuel
Alito was U.S. Attorney, and went over said documents and their probative value
with him. Within approximately a month thereafter upon inquiry I was told that
Jonathon Lacey was no longer with the office, that the file/documents could not
be located, and that there was no further information available concerning
contacting him or his location. I thereupon delivered by hand, copies of said
documents to the office of then U.S. Attorney Alito, addressed to him, with
assurance they would go directly to him. In addition to being inept [ I looked
in on the one mob case he had brought, bungled, lost (accidently on purpose?)
since I was suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt Alito brought in all
20 mob defendants (rather than prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom along with their moans during
testimony and had the jury in stitches. As much as I hate the mob, it truly was
funny, if not so tragic.], Alito is also corrupt (and maybe corrupt
because he is inept). After a reasonable (but still rather short) time I called
to determine the status and was told that Alito was no longer with the Office
of the U.S. Attorney, that he was (appointed) a federal judge, and that neither
the documents nor any file or record of same could be located. Alito did parley
the same / cover-up into quid pro quo direct lifetime appointment to the Court
of Appeals, 3rd circuit, despite the absence of judicial experience
or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is
the same Sam Alito that now sits on the purported highest court in the land.
The real application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but
there are unresolved problems with the line, computer connection may be the
reason but I hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr.
Peia:
Thank you for
being in touch. As we continue the busy first session of the 112th
Congress, I want you to know that I am grateful for the various times you have
shared your thoughts and concerns with me on different issues. Please be
assured that your voice is being heard and that your perspective helps me to
better represent you in Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach,
if ever a wise prescription for ‘economic doldrums’, euphemistically speaking
(there are articles/studies/data that dispute the purported effectiveness of
the widely hailed ‘Keynesian remedy’ during the prior great depression), the
‘Keynesian way’ is certainly no longer a prudent approach today in light of the
insurmountable debt levels of nations worldwide and in america particularly
along with the concomitant over-printed, debased ‘paper currencies’ to finance
same. Quite simply, there simply is not enough real value being created for
redistribution, a situation exacerbated by the parasitic lightening fast,
computerized churn and earn high frequency trading programs on fraudulent wall
street (they should be prosecuted, jailed, fined, and disgorgement imposed for
extant frauds in the trillions now marked to anything as per misguided
legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke …The
government’s total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ]
.This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with
other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America
also leads in the illegal drug trade. In fact, many researchers reveal
that the war on drugs is only utilized to control and monopolize
the illicit drug trade. The US government has been caught multiple
times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out that in 2001,
“according to UN figures, opium production had fallen to 185 tons. Immediately
following the October 2001 US led invasion, production increased dramatically,
regaining its historical levels.” This month, the U.N. announced that
Afghanistan now provides 93% of the world’s opium
production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF
Louis | The hypocrisy of the war on drugs is centers on the
amount of drug trafficking that benefits the CIA and international banking
system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
http://gainspainscapital.com { I’m constrained to add here what I believe
Graham Summers has not incorporated into his calculations; viz., that merkel
very well might not even want to be re-elected. That certainly seems to be the
case despite presumptions to the contrary. After all, there will ultimately be
no winners in this pathetic ponzi charade and ever growing debacle in the
making that she has seemed willing at every crucial juncture to countenance
despite it being antithetical if not diametrically opposed to german interests.
}
Dave’s Daily: http://www.etfdigest.com BERNANKE & CO READY TO PROVIDE
ANOTHER ROUND { …of consistently failed, inflationary QE for the
benefit of the wall street frauds only, to the detriment of the real economy
and everyone else! This misguided wall street fraud oriented policy is in large
part responsible for the increasingly
dismal state of the economy along with
the natural concomitant of rising prices which are blamed on everything but the
contraindicated QE which is the primary culprit! } The only news that mattered
to the algos and HFTs were nuggets of more QE found in FOMC Minutes released
just in time for the 2:15 Buy Program Express to leave the station. More money
printing is inflationary and stocks can inflate too so let’s not kid
ourselves. Perhaps the so-called “smart money” has been buying stocks in anticipation of this kind
of pro-QE3 news; frankly, they would have little other reason to buy this
market. Other than Apple (AAPL) which seems to have become “the market” little
else is exciting or stimulative.Meanwhile in the eurozone Spain has found
implementing austerity measures to be…well, difficult. Greek Prime Minister Samaras is
making the rounds of eurozone governments pleading his case for a two-year
extension for austerity reforms. Samaras stated that reforms could be fully
implemented by (where will any of us and he be by then?) 2020. Germans have stated
they will abide just a little tinkering in that regard.Much was made early
Wednesday regarding Japan’s poor trade deficit (-$6.5 billion) which was caused
by weak demand from the eurozone and China. (No surprise there methinks.) After
seeing this data Fed Governor, and super money printer, Evans called the report
“awful” so we know
which way he’s leaning.The NAR (National Association of Realtors),
after hitting the send button 30 minutes before schedule, reported Home Sales
rose (4.47M vs 4.5M expected & prior 4.37M). Summer should be a good time
for sales one would think and most realtors in our neck of the woods (New
England) are busy.Stocks were weaker early until the algo driven buy programs
hit the tape after the FOMC Minutes revealed a few nuggets of QE. Market
sectors moving higher besides (AAPL) were homebuilders (ITB) once again.Volume
was only slightly higher as program trading increased after the Fed release.
Breadth per the WSJ was negative…’
http://albertpeia.com/truthwinsecotopics.htm
Submitted
by Tyler Durden on 08/22/2012
{ Yes! This article should in no way be considered tongue-in-cheek
sarcasm, exaggeration; but rather, the reality that the stock market has become
a parasitic den of thieves and fraud literally detrimental to all people, all places
except for the few indigenous denizens of this infectious malignancy that
literally sucks the life blood out of all they reach and touch! }
In tort law, an attractive nuisance is
any potentially hazardous object or condition that is likely to attract the
naive and unwary, i.e. children. A classic example is an abandoned swimming
pool half-filled with fetid water. The stock market is demonstrably an "attractive nuisance" and
should be closed immediately. It should never be reopened
unless these conditions can be met: 1) All shares must be owned for at least
four hours 2) All trading must be executed by humans on a transparent exchange
where all trading activity (and open orders) is visible to all participants 3)
Intervention in the market by the Federal Reserve or any Central State agency
or agents is against the law. If you insist on putting money at risk in the
stock market, be aware that you are playing a rigged roulette wheel and thus
you are a mark. You might win, or the entire game might collapse in a rotten
heap of lies and corruption. Just remember that the market is ruled by
parasites who need to keep their hosts (investors) alive so they can continue
to feed off them (i.e. biotrophic parasites). If the hosts all leave the
market, the parasites will have only themselves to feed on, and they will
quickly expire.
http://albertpeia.com/24statsshowhowobamamessedupeconomy.htm
http://albertpeia.com/8neweconomicthreats.htm
http://albertpeia.com/insidersmartmoneybetsfinancialdisastercoming.htm
Marc Faber: Odds of Global
Recession Are 100%
Texas judge
warns of possible ‘civil war’ if President Obama is re-elected
Romney: My
health care plan is superior to Obama's
Obama
campaign unleashing 'the Big Dog' in battleground states Obama
campaign unleashing 'the Big Dog' in battleground states { Riiiiight!
The big dog…who found a way to poop up the presidency after being gifted with a
huge end of cold war peace dividend courtesy of predominantly Reagan. Yes, on
route to blowing the job, despite his support for NAFTA, he did get quite a
few…blow(n) jobs… http://albertpeia.com/bigdogpoop.htm … YES.
THAT'S THE JUNIOR SENATOR FROM NEW YORK WHOSE OFFICE WAS BOUGHT AND PAID FOR
WITH PARDONS (FOR VOTES-HASIDIM/JEWISH, LATINO, ETC.) FOR CONVICTED CRIMINALS
BY HER PSYCOPATHIC MURDEROUS, LYING, RAPIST CRIMINAL PARTNER IN CRIME,
(HILL)BILLY CLINTON. WHAT NEW YORKERS ALSO HAVE IS A 2 FOR 1. YES. BUT NOT
(HILL)BILLY, BUT ELEANOR. NO. NOT ELEANOR RIGBY BUT RATHER ELEANOR ROOSEVELT.
YES. HILLARY'S WELL DOCUMENTED COMMUNING WITH ELEANOR (VIA SEANCE ON THE ROOF
OF THE WHITEHOUSE YOUR TAX DOLLARS AT WORK) SHOULD GIVE NEW YORKERS GREAT
CHEER, ALTHOUGH COINCIDENTALLY, NEW YORK WITH THE ARRIVAL OF THE HILLBILLY
CLINTONS HAS, AS THE REST OF THE NATION, FELT THAT GOOD OLD ARKANSAS HILLBILLY
CLINTON EFFECT (9-11, CONSEQUENCES OF THE CLINTON INDUCED STOCK MARKET FRAUD,
FALLOUT FROM AND LINGERING EFFECTS OF THE HILLBILLIES' TENURE IN WASHINGTON,
CLINTON PROMOTED/SIGNED NAFTA, ETC.). THESE PARTNERS IN CRIME SHOULD BE IN
JAIL.
John F. Kennedy Jr.
Potential Candidate for Senator from New York.
died: 7/16/99
Within days of an NBC Dateline story hinting at a possible run for the Senate
seat currently assumed to be the property of Hillary Clinton, JFK Jr. and his
wife and sister-in-law died when the Piper Saratoga II TC JFK Jr. was piloting
crashed in to the ocean just short of Martha's Vineyard. The NEWSWEEK issue for
the following Monday, which NBC Dateline had reported would announce JFK Jr's
candidacy, was yanked from distributors and destroyed.
Even before the wreckage of the plane had
been found, the media was saturated with news stories declaring the weather to
have been very hazy (the weather was VFR conditions, and 8 mile visibility,
plus weather radar and witnesses on Martha's Vineyard all reported clear skies)
making it impossible for JFK Jr. to know which way was up (he also had working
instruments in the aircraft).
As was the case when TWA 800 was shot
down, the United States Navy took control of the crash site, ordering an
unprecidented 5 mile wide no-fly zone while the wreckage of the aircraft was
recovered and taken to a military base.
Reporters Cindy Adams and Andrew Goldman
have documented the planting of false information about JFK Jr. in the media in
the days following his crash. The feeding of false information to the press
proves there is a cover-up. The existence of a cover-up is why JFK Jr. gets an
entry on the Dead Bodies List.
According to some reports, Mrs. Kennedy
was pregnant.
CLINTON BODY COUNT
By: Ether Zone Staff
Here is the latest body count that we have. All of these
people have been connected with the Clintons in some form or another. We have
not included any deaths that could not be verified or connected to the Clinton
scandals. All deaths are listed chronologically by date. This list is current
and accurate to the best of our knowledge as of January 13, 1999 August
1, 2000.
Susan Coleman: Rumors were circulating in
Arkansas of an affair with Bill Clinton. She was found dead with a gunshot
wound to the head at 7 1/2 months pregnant. Death was an apparent suicide.
Larry Guerrin: Was killed in February 1987 while investigating the INSLAW
case.
Kevin Ives & Don Henry: Initial cause of death was reported to be the result of
falling asleep on a railroad track in Arkansas on August 23, 1987. This ruling
was reported by the State medical examiner Fahmy Malak. Later it was determined
that Kevin died from a crushed skull prior to being placed on the tracks. Don
had been stabbed in the back. Rumors indicate that they might have stumbled
upon a Mena drug operation.
Keith Coney: Keith had information
on the Ives/Henry deaths. Died in a motorcycle accident in July 1988 with
unconfirmed reports of a high speed car chase.
Keith McKaskle: McKaskle has information on the Ives/Henry deaths. He was
stabbed to death in November 1988.
Gregory Collins: Greg had information on the Ives/Henry deaths. He died from
a gunshot wound to the face in January 1989.
Jeff Rhodes: He had
information on the deaths of Ives, Henry & McKaskle. His burned body was
found in a trash dump in April 1989. He died of a gunshot wound to the head and
there was some body mutilation, leading to the probably speculation that he was
tortured prior to being killed.
James Milam: Milam had
information on the Ives & Henry deaths. He was decapitated. The state
Medical examiner, Fahmy Malak, initially ruled death due to natural causes.
Richard Winters: Winters was a suspect in the deaths of Ives & Henry. He
was killed in a "robbery" in July 1989 which was subsequently proven
to be a setup.
Jordan Kettleson: Kettleson had information on the Ives & Henry deaths.
He was found shot to death in the front seat of his pickup in June 1990.
Alan Standorf: An employee of the National Security Agency in electronic
intelligence. Standorf was a source of information for Danny Casalaro who was
investigating INSLAW, BCCI, etc. Standorf's body was found in the backseat of a
car at Washington National Airport on Jan 31, 1991.
Dennis Eisman: An attorney with information on INSLAW. Eisman was found
shot to death on April 5, 1991.
Danny Casalaro: Danny was a free-lance reporter and writer who was
investigating the "October Surprise", INSLAW and BCCI. Danny was
found dead in a bathtub in a Sheraton Hotel room in Martinsburg, West Virginia.
Danny was staying at the hotel while keeping appointments in the DC area
pertinent to his investigation. He was found with his wrists slashed. At least
one, and possibly both of his wrists were cut 10 times. All of his research
materials were missing and have never been recovered.
Victor Raiser: The National Finance Co-Chair for "Clinton for
President." He died in a airplane crash on July 30, 1992.
R. Montgomery Raiser: Also involved in the Clinton presidential campaign. He died
in the same plane crash as Victor.
Paul Tully: Tulley was
on the Democratic National Committee. He was found dead of unknown causes in
his hotel room on September 24, 1992. No autopsy was ever allowed.
Ian Spiro: Spiro had
supporting documentation for grand jury proceedings on the INSLAW case. His
wife and 3 children were found murdered on November 1, 1992 in their home. They
all died of gunshot wounds to the head. Ian's body was found several days later
in a parked car in the Borego Desert. Cause of death? The ingestion of cyanide.
FBI report indicated that Ian had murdered his family and then committed
suicide.
Paula Gober: A Clinton
speech writer. She died in a car accident on December 9, 1992 with no known
witnesses.
Jim Wilhite: Wilhite was
an associate of Mack McClarty's former firm. Wilhite died in a skiing accident
on December 21, 1992. He also had extensive ties to Clinton with whom he
visited by telephone just hours before his death.
Steve Willis, Robert Williams, Todd
McKeahan & Conway LeBleu: Died
Feburary 28, 1993 by gunfire at Waco. All four were examined by a pathologist
and died from identical wounds to the left temple. All four had been body
guards for Bill Clinton, three while campaigning for President and when he was
Governor of Arkansas.They also were the ONLY 4 BATF agents killed at Waco.
Sgt. Brian Haney, Sgt. Tim Sabel, Maj.
William Barkley, Capt. Scott Reynolds: Died: May
19, 1993 - All four men died when their helicopter crashed in the woods near
Quantico, Va. - Reporters were barred from the site, and the head of the fire
department responding to the crash described it by saying, "Security was
tight," with "lots of Marines with guns." A videotape made by a
firefighter was seized by the Marines. All four men had escorted Clinton on his
flight to the carrier Roosevelt shortly before their deaths.
John Crawford: An attorney with information on INSLAW. He died from a
heart attack in Tacoma in April of 1993.
John Wilson: Found dead
from an apparent hanging suicide on May 18, 1993. He was a former Washington DC
council member and claimed to have info on Whitewater.
Paul Wilcher: A lawyer who was investigating drug running out of Mena,
Arkansas and who also sought to expose the "October Surprise", BCCI
and INSLAW. He was found in his Washington DC apartment dead of unknown causes
on June 22, 1993.
Vincent Foster: A White House deputy counsel and long-time personal friend
of Bill and Hillary's. Found on July 20, 1993, dead of a gunshot wound to the
mouth -- a death ruled suicide. Many different theories on this case! Readers
are encouraged to read our report in Strange Deaths.
Jon Parnell Walker: An investigator for the RTC who was looking into the
linkage between the Whitewater and Madison S&L bankruptcy. Walker
"fell" from the top of the Lincoln Towers Building.
Stanley Heard & Steven Dickson: They were members of the Clinton health care advisory
committee. They died in a plane crash on September 10, 1993.
Jerry Luther Parks: Parks was the Chief of Security for Clinton's national
campaign headquarters in Little Rock. Gunned down in his car on September 26,
1993 near the intersection of Chenal Parkway and Highway 10 west of Little
Rock. Parks was shot through the rear window of his car. The assailant then
pulled around to the driver's side of Park's car and shot him three more times
with a 9mm pistol. His family reported that shortly before his death, they were
being followed by unknown persons, and their home had been broken into (despite
a top quality alarm system). Parks had been compiling a dossier on Clinton's
illicit activities. The dossier was stolen.
Ed Willey: A Clinton
fundraiser. He died of a self-inflicted gunshot wound on November 30, 1993. His
death came the same day his wife, Kathleen, was sexually assaulted in the White
House by Bill Clinton.
Gandy Baugh: Baugh was
Lasater's attorney and committed suicide on January 8, 1994. Baugh's partner
committed suicide exactly one month later on February 8, 1994.
Herschell Friday: A member of the presidential campaign finance committee. He
died in an airplane explosion on March 1, 1994.
Ronald Rogers: Rogers died on March 3, 1994 just prior to releasing
sensitive information to a London newspaper. Cause of death? Undetermined.
Kathy Furguson: A 38 year old hospital worker whose ex-husband is a co-
defendant in the Paula Jones sexual harassment law suit. She had information
supporting Paula Jone's allegations. She died of an apparent suicide on May 11,
1994 from a gunshot wound to the head.
Bill Shelton: Shelton was an Arkansas police officer and was found dead
as an apparent suicide on kathy Ferguson's grave (Kathy was his girl friend),
on June 12, 1994. This "suicide" was the result of a gunshot wound to
the back of the head.
Stanley Huggins: Huggins, 46, was a principal in a Memphis law firm which
headed a 1987 investigation into the loan practices of Madison Guaranty
S&L. Stanley died in Delaware in July 1994 -- reported cause of death was
viral pneumonia.
Paul Olson: A Federal
witness in investigations to drug money corruption in Chicago politics, Paul
had just finished 2 days of FBI interviews when his plane ride home crashed,
killing Paul and 130 others on Sept 8 1994. The Sept. 15, 1994 Tempe Tribune
newspaper reported that the FBI suspected that a bomb had brought down the
airplane.
Calvin Walraven: 24 year on Walraven was a key witness against Jocelyn
Elder's son's drug case. Walraven was found dead in his apartment with a
gunshot wound to the head. Tim Hover, a Little Rock police spokesman says no
foul play is suspected.
Alan G. Whicher: Oversaw Clinton's Secret Service detail. In October 1994
Whicher was transferred to the Secret Service field office in the Murrah
Building in Oklahoma City. Whatever warning was given to the BATF agents in
that building did not reach Alan Whicher, who died in the bomb blast of April
19th 1995.
Duane Garrett: Died July 26, 1995-A lawyer and a talk show host for KGO-AM
in San Fransisco, Duane was the campaign finance chairman for Diane Fienstien's
run for the senate, and was a friend and fundraiser for Al Gore. Garrett was
under investigation for defrauding investors in Garrett's failed sports
memorabilia venture. There was talk of a deal to evade prosecution. On July
26th, Garrett canceled an afternoon meeting with his lawyer because he had to
meet some people at the San Fransisco airport. Three hours later he was found
floating in the bay under the Golden Gate Bridge.
Ron Brown:. The
Commerce Secretary died on April 3, 1996, in an Air Force jet carrying
Brown and 34 others, including 14 business executives on a trade mission to
Croatia, crashed into a mountainside. The Air Force, in a 22-volume report
issued in June of 1996, confirmed its initial judgment that the crash resulted
from pilot errors and faulty navigation equipment At the time of Brown's death,
Independent Counsel Daniel Pearson was seeking to determine whether Brown had
engaged in several sham financial transactions with longtime business partner
Nolanda Hill shortly before he became secretary of commerce.
Charles Meissner: died: UNK - Following Ron Brown's death, John Huang was
placed on a Commerce Department contract that allowed him to retain his
security clearance
by Charles Meissner. Shortly thereafter, Meissner died in the crash of a small
plane. He was an Assistant Secretary of Commerce for International
Economic Policy.
William Colby: Retired CIA director was found dead on May 6,1996 after his
wife reported him missing on April 27,1996. Apparently, Colby decided to go on
a impromptu canoeing excursion and never returned. Colby who had just started
writing for Strategic Investment newsletter, worried many in the intelligent
community. Colby's past history of divulging CIA secrets in the past were well
known. Strategic Investor had covered the Vince Foster suicide and had hired
handwriting experts to review Foster's suicide note.
Admiral Jeremy Boorda: Died on May 16,1996 after he went home for lunch and
decided to shoot himself in the chest (by one report, twice) rather than be
interviewed by Newsweek magazine that afternoon. Explanations for Boorda's
suicide focused on a claim that he was embarrassed over two "Valor"
pins he was not authorized to wear.
Lance Herndon: Herndon a 41 year old computer specialist and a
prominent entrepreneur who received a presidential appointment in 1995 died
August 10, 1996 under suspicious circumstances. He appeared to have died
from a blow to the head. Police said no weapons were found at his
mansion, adding that Mr. Herndon had not been shot or stabbed and there was no
evidence of forced entry or theft.
Neil Moody: Died -August
25, 1996 Following Vincent Foster's murder, Lisa Foster married James Moody, a
judge in Arkansas, on Jan 1, 1996. Near the time Susan McDougal first went to
jail for contempt, Judge Moor's son, Neil died in a car crash. There were other
reports that Neil Moody had discovered something very unsettling among his
stepmother's private papers and was threatening to go public with it just prior
to the beginning of the Democratic National Convention. He was alleged to have
been talking to Bob Woodward of the Washington Post about a blockbuster story.
Witnesses said they saw Neil Moody sitting in his car arguing with another
person just prior to His car suddenly speeding off out of control and hitting a
brick wall.
Barbara Wise: Wise a 14-year Commerce Department employee found dead and
partially naked in her office following a long weekend. She worked in the same
section as John Huang. Officially, she is said to have died of natural causes.
Doug Adams: Died January 7, 1997- A lawyer in Arkansas who got involved
trying to help the people who were being swindled out of their life savings.
Adams was found in his vehicle with a gunshot wound to his head in a
Springfield Mo. hospital parking lot.
Mary C. Mahoney: 25, murdered at the Georgetown Starbuck's coffee bar over
the 4th of July '97 weekend. She was a former White House intern who worked
with John Huang. Apparently she knew Monica Lewinsky and her sexual encounters
with Bill Clinton. Although not verified, it has been said that Lewinsky told
Linda Tripp that she did not want to end up like Mahoney.
Ronald Miller: Suddenly took ill on October 3rd,1997 and steadily worsened
until his death 9 days later. (This pattern fits Ricin poisoning.) Owing to the
strangeness of the illness, doctors at the Integris Baptist Medical Center
referred the matter to the Oklahoma State Medical Examiner's Office. The
Oklahoma State Medical Examiner's Office promptly ran tests on samples of Ron
Miller's blood, but has refused to release the results or even to confirm that
the tests were ever completed.
Had been investigated by authorities over the sale of his
company, Gage Corp. to Dynamic Energy Resources, Inc. was the man who tape
recorded Gene and Nora Lum and turned those tapes (and other records) over to
congressional oversight investigators. The Lums were sentenced to prison for
campaign finance violations, using "straw donors" to conceal the size
of their contributions to various candidates. Indeed, Dynamic Energy Resources,
Inc. had hired Ron Brown's son Michael solely for the purpose of funneling
$60,000 through him to the Commerce Secretary, according to Nolanda Hill's
testimony.
Sandy Hume: On Sunday,
February 22nd, 1998, Sandy Hume, the 28 year old son of journalist Britt Hume,
was reportedly found dead in his Arlington, Virginia home. Aside from the
statement that this was an "apparent" suicide, there remains in place
a total media blackout on this story, possibly out of concern that the actual
facts will not withstand public scrutiny. Worked for Hill magazine, about Congress
for Congress.
Jim McDougal: Bill and
Hillary Clinton friend, banker, and political ally, sent to prison for
eighteen felony convictions. A key whitewater witness, dies of a heart attack
on March, 8 1998. As of this writing allegations that he was given an injection
of the diuretic lasix has not been denied or confirmed.
Died on March 8, 1998
Johnny Lawhon: 29, died March 29, 1998- The Arkansas transmission
specialist who discovered a pile of Whitewater documents in the trunk of an
abandoned car on his property and turned them over to Starr, was killed in a
car wreck two weeks after the McDougal death.. Details of the
"accident" have been sketchy -- even from the local Little Rock
newspaper.
Charles Wilbourne Miller: 63, was found dead of a gunshot wound to the head on
November 17, 1998 in a shallow pit about 300 yards from his ranch house
near Little Rock. Police found a .410 gauge shotgun near Miller's body and a
Ruger .357-caliber revolver submerged in water. Investigators concluded the
Ruger was the weapon used by Miller to kill himself. Yet, two rounds in the
handgun's cylinder had been spent.
He had long served as executive vice president and member of the board of
directors for a company called Alltel and was deeply involved in his own
software engineering company until the day he died. Alltel is the successor to
Jackson Stephens' Systematics, the company that provided the software for the
White House's "Big Brother" data base system and that was behind the
administration's plan to develop the secret computer "Clipper" chip
to bug every phone, fax and email transmission in America.
Carlos Ghigliotti: 42, was found
dead in his home just outside of Washington D.C. on April 28, 2000. There was no sign of a break-in or
struggle at the firm of Infrared Technology where the badly decomposed
body of Ghigliotti was found. Ghigliotti had not been seen for several weeks.
Ghigliotti, a thermal imaging analyst hired by the House
Government Reform Committee to review tape of the siege, said he determined the
FBI fired shots on April 19, 1993. The FBI has explained the light bursts on
infrared footage as reflections of sun rays on shards of glass or other debris
that littered the scene.
"I conclude this based on the groundview videotapes
taken from several different angles simultaneously and based on the overhead
thermal tape," Ghigliotti told The Washington Post last October. "The
gunfire from the ground is there, without a doubt."
Ghigliotti said the tapes also confirm the Davidians fired
repeatedly at FBI agents during the assault, which ended when flames raced
through the compound. About 80 Branch Davidians perished that day, some from
the fire, others from gunshot wounds.
Mark Corallo, a spokesman for the congressional committee
chaired by Rep. Dan Burton, R-Ind., said that police found the business card of
a committee investigator in Ghigliotti's office. Corallo said Ghigliotti's work
for the committee ended some time ago.
Tony Moser: 41, was killed as he crossed a street in Pine Bluff, Ark
on on June 10, 2000. Killed 10 days after being named a columnist for the
Democrat-Gazette newspaper and two days after penning a stinging indictment of
political corruption in Little Rock.
Police have
concluded that no charges will be filed against the unnamed driver of a 1995 Chevrolet
pickup, which hit Moser as he was walking alone in the middle of unlit
Rhinehart Road about 10:10 p.m
Police say
they have ruled out foul play and will file no charges against the driver
because he was not intoxicated and there was no sign of excessive speed.
27-Aug
(Casey Research)
http://albertpeia.com/caseysayseconomicreckoningnear.htm
— It is a deal with the devil: governments churn out
more and more cash for the promise of continued prosperity. But the day of
reckoning is near, according to Doug Casey, chairman of Casey Research and an
expert on crisis investing. As the epic battle between inflation and deflation
continues, Casey discusses his predictions for the new world market in this
exclusive interview with The Gold Report.
…Gold is
still in the climbing-the-wall-of-worry stage. Mania is still in the future. It’s going to
happen. I feel confident of that. There’s going to be a rush to gold.
[source]
http://albertpeia.com/obamastole5plustrillionfromuschildrentohidehisfailure.htm
Dave’s Daily: http://www.etfdigest.com
PROTECT YOURSELF AT ALL TIMES
8-30-12 { Carbon-based unit indeed, Dave. Brings to mind that great first
installment of what was to breathe life into that ultimately hugely successful
franchise, ‘Star Trek’; viz., the profound ‘Star Trek: The Movie’, directed by no less than Robert Wise (‘The Day the
Earth Stood Still’) himself. }
There’s enough ideas about what to do now as Bernanke steps
to the plate Friday to either regurgitate familiar messages, provide more QE,
conduct more coordinated QE with other central banks or something not imagined
by this carbon based investor...’
Clint
Eastwood to speak at the Republican National Convention: reports { Indeed he did! All is not unforgiven.
That’s a double-negative, Clint, meaning all’s forgiven
( I just wanted to interject his oscar-winning ‘Unforgiven’ for the
record, along with ‘Million Dollar Baby’) for your
pro-gay marriage, don’t give a f*** egalitarian position (I actually
thought in light thereof he was a ‘wobama man’)... 82 and
still truckin’ in a big way…what a guy…I’m impressed…he made our
day! ( There are some detractors, talkin’ this and
that about his speech; but, the point is that Clint’s doing it,
not just talkin’ about it! ) Well Done, Clint! I’m also adding here for the record the
fact that Robert Duvall did a fundraiser for President Romney with First Lady
Ann Romney; and, had an underrated, underappreciated superb (less than big
budget) film of his own, ‘Assassination Tango’, which in
light of nuanced performance and attention to detail deserved greater attention
and acclaim ( any guy whose been offered a free poke from Diane Lane [‘Lonesome
Dove’] and loves the smell of napalm in the morning [the
great ‘Apocalypse Now’] is more
than okay in my book). And, Jon Voight: The Advocate … Who woulda
thunk it? Cogent and relevant! }
http://albertpeia.com/classicbananarepublicbanking.htm
http://albertpeia.com/40statsyourenotbetteroff.htm
Dave’s Daily: http://www.etfdigest.com
‘A SPOONFUL OF SUGAR HELPS THE MEDICINE GO DOWN’ 9-7-12
{ It really must be emphasized/said, and it has been said infra*, that
the west generally, and the u.s. especially, have become unmistakably banana
republics meeting all criteria by which such failed forms of political/economic
‘organization’ are denoted. The consistent and persistent focus on the totally
fraudulent, manipulated stock markets, fraudulent wall street particularly with
contraindicated, failed QE for benefit of wall street frauds only, to the
detriment of literally everyone else, viz., taxpayers, main street, etc., has
become nothing short of criminally insane!
[ ECB INTERVENTION COMMENT DU JOUR: "CLASSIC BANANA REPUBLIC
BANKING" Submitted by Tyler Durden on 09/06/2012 http://albertpeia.com/classicbananarepublicbanking.htm . { It bears
repeating that never in history have the markets become so disconnected from
fundamental finance, valuation, and reality and so completely and utterly
fraudulent. I believe that computerization facilitating multiple frauds at
lightning speed, over and over again and again along with re-hypothecation of
already worthless paper at similar speeds is in part the reason for the
prevalence of such fraud along with the breakdown of american among other
societies into what yesteryear would have been scorned as ‘banana republics’
without any meaningful rules of law whatsoever and pervasive, almost blatant,
corruption at every level. (This is
not to blame computers for the bad use they’re put to.) Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite some time now and is quite a pathetic
scenario! } Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog | Just
different bananas perhaps? ] } ‘The ugly employment report of only 96K new
jobs vs 125K expected hit markets like a spoonful of sugar—Uncle Sugar. The
numbers couldn’t be worse which is why ADP Data and Jobless Claims the previous
day doesn’t mean a thing. Ninety million are not in the labor force, 368K
people have dropped out of the workforce and the participation rate for men is
the lowest since 1948 when most of current readers hadn’t been born. Even the
previous data was reduced from 163K to 141K meaning next month’s numbers should
be taken with a grain of salt, and not sugar. Forget the slightly lower
unemployment rate since with so many dropping off the rolls the real rate is
closer to 12% than 8.1%, and that’s generous.
http://albertpeia.com/studentloandebtserfs.htm
http://albertpeia.com/realunemploymentnumbersmuchworse.htm
Dave’s
Daily: http://www.etfdigest.com ‘MARKETS LIMP INTO THE
WEEKEND 10-26-12 It seems to this observer that perhaps not much is going to
happen with markets until after the election. There are just too many headwinds
of uncertainty surrounding everything. Of course, there is always the unknown
news event that can throw things in one direction or another but that kind of
stuff is always with us. The “tell” now is with corporations who aren’t spending based on uncertainty surrounding the
election, tax policies, the fiscal cliff, eurozone and so forth. Until these
issues become clear we’re
in stall mode.Overseas news was dominated by the Bank of Japan launching
another round of stimulus on fears that it won’t be able to sell its next bond issue unless they buy
it themselves. Frankly, Japan has more problems with a debt bubble than is
currently in the news. Korean stocks fell on a decline in exports which isn’t a surprise. Chinese stocks fell to a 5 week low on
poor earnings. Spain’s
unemployment rate soared to 25% vs 24% which is stunning even as a stealth bank
bailout is underway. The troika determined that a Greek bailout was still
illusive combined with the country’s
demand for €30 billion more was needed.
(The amounts needed there will always be growing it seems as conditions fall by
the wayside.) In France S&P cut ratings for both BNP Paribas and SocGen.
And, even in Canada Moody’s
put six banks on watch for downgrades including Bank of Montreal. Later in the
day Swiss icon UBS announced it would lay-off 10K employees. Meanwhile back in
the U.S. GDP data was reported at 2% vs 1.8% expected with nearly 1/3 of the
gain from government spending. Consumer Sentiment, highly weighted by stock prices,
was at 82.6 vs 83.1. I have more “confidence” in the Conference Board data. The big earnings news
from Apple (AAPL) was panned as the stock declined while Amazon (AMZN) rose
despite the large miss on earnings, revenues and guidance. As to the latter, an
analyst at Needham stated the “poor
report presented the opportunity for a large upside surprise on the next report” which is how WS can spin bad news. With the PE at
280 (no typo) that’s
the kind of thinking that institutional robots use to invest based on analysts’ recommendations. The dollar (UUP) was flat as was
gold (GLD). Commodity markets (DBC) and (USO) were also relatively unchanged
Bonds (TLT) and (IEF) were higher in price as the sawtooth trading range
pattern continues over most maturities. Stocks were uninspired overall lacking
certainty on issues noted above and mostly declining earnings closing flat on
the day. It’s really a wait and see
game for now. Volume was once again light as most investors find little
incentive to get further involved now. Breadth per the WSJ was mostly negative…’
YAHOO
[BRIEFING.COM]: ‘…Amazon gained 6.9%
after reporting its earnings. The online retailer lost $0.23 per share.
However, the number may not be comparable to the Capital IQ consensus estimate
which forecast a loss of $0.10. The company's revenue of $13.81 billion was
largely in-line with expectations, but management issued downside fourth
quarter guidance…’ { Tell me … What’s wrong with this (foregoing) picture (of
wall street insanity)? }
Submitted by Tyler
Durden on 10/26/2012
People are going to be pissed off no matter who wins
this election and that is a very important social dynamic we believe is
vastly under appreciated by the majority of mainstream pundits and
analysts out there. This is also very distinct from the
environment that prevailed in 2008. Should Romney win, the 28% of
Americans that identify as Republican will be thrilled, and the remaining 72%
will be largely upset and on edge. Should Obama win, similarly, the 32%
registered Democrat with be thrilled and the remaining 68% will be upset and on
edge. Hence, the 70% referred to in the title of this article. This
is a recipe ripe for social unrest and it will be coming to
our shores as we outlined recently in The
Global Spring.
Submitted by Tyler
Durden on 10/25/2012
"We have just spent 15 years learning
that a policy of creating asset bubbles is a bad idea, so it is hard to imagine
why the Fed wants to create another one. But perhaps the more basic
question is: How fruitful is the wealth effect? Is the
additional spending that these volatile paper profits are intended to induce
overwhelmed by the lost consumption of the many savers who are deprived of
steady, recurring interest income? We have asked several well-known economists
who publicly support the Fed’s policy and found that they don’t have good answers. If
Chairman Bernanke is setting distant and hard-to-achieve benchmarks for when he
would reverse course, it is possibly because he understands that it may never
come to that. Sooner or later, we will enter another recession. It
could come from normal cyclicality, or it could come from an exogenous shock. Either
way, when it comes, it is very likely we will enter it prior to the Fed having ‘normalized’ monetary policy, and we’ll have a large fiscal
deficit to boot. What tools will the Fed and the Congress have at that
point? If the Fed is willing to deploy this new set of desperate
measures in these frustrating, but non-desperate times, what will it do then? We
don’t know, but a large allocation to gold still seems
like a very good idea."
Submitted by Tyler
Durden on 10/26/2012
The euro debt crisis in Europe has presented
Germany with a unique opportunity to lead the world away from monetary
destruction and its consequences of economic chaos, social unrest, and
unfathomable human suffering. The cause of the euro debt crisis is the
misconstruction of the euro that allows all members of the European Monetary
Union (EMU), currently 17 sovereign nations, to print euros and force them on
all other members. Germany is on the verge of seeing its capital base
plundered from the inevitable dynamics of this tragedy of the commons.
It should leave the EMU, reinstate the deutsche mark (DM), and anchor it
to gold.
Submitted by Tyler
Durden on 10/26/2012
S&P recently acted to markedly downgrade Spain,
and Moody’s
has ended its recent ratings review, leaving Spain at Baa3; and while ratings
could remain largely stable in the short-term (supported by OMT's promise and the
possible delay of GRExit), there are a few exceptions such as France
and and the UK that Citi's Rates group expect to see downgrades on in the
short-term. The following table provides the full breakdown of Moody's
and S&P's ratings for the advanced economies along with Citi's model views
- which imply weak outlooks for most of Europe in the medium-term as
Greek reality hits home.
Submitted by Tyler
Durden on 10/26/2012
Exxon Mobil is no longer the world's number-one oil
producer. As of yesterday,
that title belongs to Putin Oil Corp – oh, whoops. We mean the title belongs to Rosneft,
Russia's state-controlled oil company. With TNK-BP in its hands, Rosneft
will be in charge of more than 4 million barrels of oil production a day. And
who is in charge of Rosneft? None other than Vladimir Putin, Russia's
resource-full president. Gazprom in control of Europe's gas,
Rosneft in control of its oil. A red hand stretching out from Russia
to strangle the supremacy of the West and pave the way for a new world order– one with Russia at the
helm. It is not as far-fetched as it might seem – or as you might want it
to be. Or imagine this: Russia could join OPEC.
Submitted by Tyler
Durden on 10/26/2012
Listening to the incessant chatter of confirmation
bias from CNBC, you could be forgiven for thinking that earnings are 'not that
bad'. Headline-makers like AMZN, GOOG, and AAPL scare for a few moments but we
are reassured back to numb BTFD-land by some disingenuous analyst (or worse a
PM) who says he is buying with both hands and feet. The misleadingly
top-down positive impression of looking at a 'beats-to-total ratio',
suffers from one rather annoying bias (that often gets forgotten): analysts
constantly revising their expectations throughout the reporting period, and
hence rarely deviates from the current level of 71%. But, as Citi
notes, if one examines results relative to analyst expectations prior
to the reporting season, it's clear just how disappointing Q3 has been
- especially given the sell-side mark-downs already factored-in.Intriguingly,
for as downbeat as third quarter results have been, we've yet to see the
sell-side revise down estimates for next quarter or 2013.
Submitted by Tyler
Durden on 10/26/2012
Kevin Henry, of FRBNY
cross-market monitor fame, may or may not have been instrumental in getting
the Dow Jones to close (just barely) green (Chuck Schumer don't care about the
S&P; the Dow Jones is the only index politicians have heard of), but his
intraday presence on these pages should be sufficient to inspire substantial
female interest in his daily exploits while barhopping this evening. Because it
is not everyday that a senior Fed trader from Rutgers gets to be the 3rd
"Most Viewed Person" of Bloomberg users today.
Submitted by Tyler
Durden on 10/26/2012
As we noted this morning, today seemed more about
defense than offense (even though stocks managed to rally off Draghi's Dike
twice). Dow 13,000 and S&P 1400 remain safe. Today's theme is
'V-shaped-recoveries' as AMZN managed some magic last night, AAPL
managed some super-magic intraday - bouncing off its 200DMA and then fading
into VWAP to close on volume, and S&P futures oscillating between
post-Tuesday highs and lows all day (with the ubiquitous dump to VWAP into the
close after the 3pm ramp on cue)...
Chuck Schumer to Kevin Henry: "Must close
green, Mr. Henry"
Submitted by Tyler
Durden on 10/26/2012
Several months ago, we reported about a troubling
development in Vietnam, happy inflationary host of one of the world's most
rapidly devaluing and best named currencies, that in direct refutation of Ben
"Gold is not money, it is tradition" Bernanke's claim that gold is
just a trinket one can fondle with no inherent value, the local banks had gone
as far as paying the local residents a dividend to "store" their gold
(recall all those charges against gold that it never, ever pays a dividend....).
However, as we subsequently warned, any time a bank, and especially an entire
banking sector, is willing to pay you paper "dividends" for your
gold, run, because all this kind of (s)quid pro quo usually ends up as a
confiscation ploy. Sure enough, as Dow Jones reports today, the gold, which did
not belong to the banks and was merely being warehoused there (or so the fine
print said), was promptly sold by these same institutions to generate
cash proceeds and to boost liquidity reserves using other people's gold,
obtained under false pretenses.
Submitted by Tyler
Durden on 10/26/2012
There is down-sizing; there is trimming-the-fat; and
then there is UBS. The once-giant Swiss Bank just announced it will cut
up to 10,000 jobs. This comes on top of the 3,500 from last year - which makes
a rather dramatic weight-loss strategy for the 63,500 employee firm. As the FT
reports, they will not happen all at once (so just after the election
then?) but will lead to the closure of a sizable part of UBS' fixed-income
trading operations (and other capital intensive areas of the investment bank).
Perhaps in the understatement of the day: "There were several
options on the table but UBS has decided on the most radical one," a
person familiar commented as the plan is hoped to reduce complexity and costs -
so no more Bloomberg Terminals? One thing surely gone is a source of fixed
income axes: "The new strategy, hammered out in several executive board
meetings in New York this week and set to be announced next Tuesday, will
lead to the closure of a sizeable part of UBS’s fixed-income
trading operations and other capital-intensive areas of the investment bank." The winner: Goldman of course, which in a
world of collapsing trading revenues has taken to Lehmaning its competition
once again, only this time not using brute force but the far more classical war
of attrition in a collapsing economy.
Submitted by Tyler
Durden on 10/26/2012
Wizened old market participants are often heard
mumbling into their cups of green tea that "credit anticipates, and
equity confirms" and so it is once again that the credit markets
- fresh from the exuberance of endless technical flows, CLOs, and PIK-Toggles -
has made a rather abrupt U-Turn in recent weeks. As Barclays points out, the
ratio of High-Yield bond spreads to Investment-Grade bond spreads is its
highest in three years as IG has been dragged lower by QEtc's impact
on MBS and rotation up the spread spectrum. Typically, this kind of push would
mean high-beta credit would outperform but far from it as cash bond markets
have gapped out very recently. With call constraints (thanks to ZIRP) on
high-yield bonds, the extreme price dislocation (given HY's inability to
rally 'enough') will likely drag IG credit out - and that is a very
crowded trade. Just one more unintended consequence from the Fed.
Submitted by Tyler
Durden on 10/26/2012
There is a possibility that the realm of monetary
policy could increasingly merge with that of fiscal policy and national debt
management policy. Globally, UBS believes, central banks are edging down
monetary policy paths that can be viewed as increasingly backstopping budget
deficits as lawmakers of respective governments continue to fail to make
progress toward fiscal consolidation. As we have vociferously stated, a
progression down this road could lead to many unsavoury outcomes, as
fiscal and monetary policies entwine themselves in an increasingly negative
dynamic - coining the term “Fonetary-policy” – fiscal
policy plus monetary policy.
Submitted by Tyler
Durden on 10/26/2012
Update: It appears that following this post, Mr. Henry decided to take down his
photo from his LinkedIn profile. We are unsure why because Mr. Henry has
supposedly done nothing wrong, and we merely brought attention to information
he had previously disclosed to the public domain.
With everyone at the Fed on early
Halloween vacation, the nation's hopeful (and confident, if slightly less
than expected, according to today's UofMich survey of the employees at 200
West) eyes turn to Kevin Henry: the only green-lit (i.e. active) senior
trader/analyst and cross-market monitor at the world's largest and
most profitable hedge fund located at Liberty 33, elsewhere known as Federal
Reserve Deep Offshore Fund LLC.
Submitted by Tyler
Durden on 10/26/2012
Define headline heaven? Any time you can gratuitoulsy
insert the names Art Cashin, Becky Quick and Paul Krugman in the same title.
Like in this case. HERE'S WHAT YOU NEED TO KNOW.
Submitted by Tyler
Durden on 10/26/2012
It's AAPL? It's GDP? It's Europe? It's the fiscal
cliff? The real answer to why the market/AAPL is down today is clearly laid out
in the table below. A stunning 30 of the 40 Fed employees on Bloomberg
(that's 75% for the Keynesians) is red - or out of the office today. The
PPT is OOTO! Good to know all that taxpayer money covering these terminals
is going to good use! Also keep an eye on Kevin Henry's dot turning yellow from
green and vice versa. The NY Fed trader's presence, or absence, at his desk may
be the only risk on/risk off signal left in today's market.
Submitted by RANSquawk
Video on 10/26/2012
Submitted by Tyler
Durden on 10/26/2012
AAPL tested down to its 200DMA last night
after-hours, only to get 'algo'd up to VWAP to maintain some credibility for
all the analysts of the world who choose to ignore guidance (rightly or
wrongly). Amid heavy volume this morning, now that options are open and
put-overlays can be lifted (as we noted last night - and VIX futures
are unavailable on IB) so early VWAP orders have given way to more
broad-based selling pressure as AAPL's stock has broken back to a 5-handle for
the first time since July.
Submitted by Tyler
Durden on 10/26/2012 Thanks
to some early ebulience in the US session, European stocks and bonds managed to
crawl back to unchanged on the day capping the worst week in a month for most
risk assets amid ever-decreasing macro data. Spanish and Italian
equities are down 4 to 4.5% over the last 6 days and 2Y Spanish bonds
had their worst week in 6 weeks (though remain relatively range-bound). 10Y
Spanish spreads ended back above 400bps (up 28bps on the week) as Portugal
saw the most weakness - wider by almost 60bps. EURUSD round-tripped to
unch today amid Schaeuble's comments this morning - but ended the week down
around 80 pips or 0.7%. The post-Draghi up-trend is over - range-bound is no
the norm, but it seems Europe has reconnected with US-beta...
Submitted by Tyler
Durden on 10/26/2012
While bank CEOs are welcomed on to business media
everywhere with their ever-sanguine views of the recovery in everything from
bayonets to housing, the true state of the financial sector is nowhere more
evident than in the growth of Bloomberg Terminals. The long-term contractual
lock-up and relatively expensive nature of the
must-have-terminal-if-you-are-serious information provider means it is not an
easy decision and when push comes to shove, it seems, Wall Street is
not as confident in its future as it perhaps portrays. As the NYPost
reports, Bloomberg Chairman Peter Grauer conceded that the company grew its
terminal business by a mere 1000 units in the first nine months of 2012 -
compared to 13,763 in 2011 (which was itself short of the 15,000 goal). The
company remains highly profitable but it would appear to us that between
the job
cuts we noted last night, CEO
expectations of economic outlooks, and now this much more specific data
point on Wall Street, that the future is far less rosy than the ebulient
consumer seems to believe.
Submitted by Tyler
Durden on 10/26/2012
It's not a good day for Citigroup tech analyst Mark
Mahaney. Moments ago the WSJ
reported that the former "star Internet analyst" was fired from
Citi for disclosing non-public information about Facebook ahead of the IPO
(surely he was the only Wall Street sellside who did this). To
wit: "Mr. Mahaney, a top-ranked Internet analyst, was terminated Friday
morning, according to a person familiar with the matter. The state also said
the senior Citi analyst covering technology had given unpublished information
about YouTube revenue estimates to a reporter for a French business magazine.
"In an email to a Citi employee who questioned him on the
communication, he responded 'this could get me in trouble. Shoot,'" the
state said." Oh well: surely one of the hedge funds that did not
invest in the FB IPO as a result of Mark's leaks will find him some mid-level
analyst position as gratitude. Where it gets seriously ironic is when one looks
back at Mark's career and stumbles upon this other WSJ
pearl: "Mr. Mahaney, age 46, spent the original dot-com bubble of the
late '90s at Morgan Stanley as MS -0.82% a junior analyst working with Mary
Meeker, then a star Internet analyst. He then did a stint at hedge fund Galleon
Group, whose founder was imprisoned after an insider-trading conviction. One
person familiar with the matter says Mr. Mahaney was fired from Galleon for
"not getting enough edge" on stocks." In other words,
first Maheney was fired for not abusing inside information, then he is fired
for... abusing inside information. If it is not too much to ask, could Mark's
bosses please make up their minds already?
Submitted by Tyler
Durden on 10/26/2012
The government may have been instrumental to the US
economy growing in the third quarter (did we say may: generating over 30% of
the annualized 2.0% "growth" in Q3 probably qualifies as was
absolutely instrumental in this impartial, apolitical datapoint), but the
bottom line is that there was a cost. There is always cost. And a number: the
number is $15.776 trillion, which was the absolute GDP number as of
September 30, 2012 (to be revised lower in one month). This means we can now
calculate what total US Debt-GDP was as of 3 weeks ago. And with the DTS
reporting that debt was $16.16 trillion as of the day the third quarter ended (net
of the SSN funding adjustment, which of course is always reported the first day
of the next quarter for window dressing purposes), it means that total
US Debt-to-GDP was 102.4%. And obviously rising much faster as since
the Second Great Depression it takes well over $2 in debt for every $1 increase
in GDP. Because there never is such a thing as a free lunch, especially when
the government is operating the soup kitchens...
Submitted by Tyler
Durden on 10/26/2012
Even if we were able to squeeze some additional taxes
out of the parasitic Elites, their income stream is dwarfed by the Federal
spending that looms ahead. The top 1/10th of 1% cannot pay the rapidly
expanding Federal benefits of the 99.9%, even if we confiscated every
dollar of their incomes. How can tax revenues increase when household incomes
are declining? Transfer more of the national income to taxes and that leaves
less for savings, investment and consumption. The economy contracts,
reducing the workforce and wages further. If that isn't a death spiral,
it is a close approximation of one.
Submitted by Tyler
Durden on 10/26/2012
"What's different about Hurricane Sandy and why
should we be afraid?"
is the anxious question that Bloombergs' Tom Keene poses in the clip below. The
answer - it's the size! The wind-field is considerably larger than normal with
tropical storm strength winds (as the chart below indicates) extending over a
very large area. As we warned yesterday, the storm surge in low-lying areas is
the most threatening and the clarity of the problem is highlighted by the
graphic below as Sandy approaches the Atlantic coast Monday or Tuesday. With
the Atlantic unusually warm (meaning more fuel for the hurricane) and the new
moon, the title of the Bloomberg
clip says it all: "This is how scared you should be of
Hurricane Sandy".
Submitted by Tyler
Durden on 10/26/2012
It seems Berlusconi's recent comments on not running
for office were very prescient as he has just been slapped with a four year
jail sentence for tax fraud and banned from politics for five years:
*EX-PREMIER BERLUSCONI GUILTY OF TAX FRAUD IN TV
RIGHTS TRIAL
*ITALY EX-PREMIER BERLUSCONI SENTENCED 4 YEARS BY MILAN COURT
*MILAN COURT BARS BERLUSCONI FROM POLITICS FOR 5
YEARS :MS IM
Bunga Bugga? We do note the farce of all this as DPA
notes: Berlusconi will not serve his sentence if he appeals against the
first instance judgement.
Submitted by Tyler
Durden on 10/26/2012
In a stunning development, and likely the result of
the University of Michigan no longer calling solely various number at the (212)
902-XXXX extension, one data point has come below expectations and this is with
less than 2 weeks until the election: because whereas GDP was a comfortable
beat courtesy of the government spending to make itself look better, today's
UMichigan confidence print came at 82.6 on expectations of a 83.0 print, and
just barely down from 83.1 last month. What was surprising too, is that hopium
consumption, which has been off the charts recently, also moderated, with not
only conditions declining modestly from 88.6 to 88.1, but expectations also
down from 79.5 to 79.0. That said, and for popular media consumption, the
headline will be that the final expectations print (not prelim) has been the
highest since 2007. And in a sign that there is at least some coordination
between the various departments of truth, 5 year inflation expectations finally
rose from 2.6% to 2.7%. Recall that the whole premise behind the
"improvement" in the economy is due to QEtc, which in turn implies a
surge in inflation. Which explicitly means one can feel good about today, but
one has to expect spiking inflation in the future. One can't have both. Today
uMich finally got the memo.
Submitted by Tyler
Durden on 10/26/2012
"No matter where you stand, no matter how far or
how fast you flee, when it hits the fan, as much as possible will be propelled
in your direction, and you will not possess a towel large enough to wipe all of
it off."
You thought it was tough; it is going to get tougher.
You thought that Europe would not affect America and that we lived in some sort
of bubble over here; think again. You thought that the liquidity
provided by the world’s major central banks would carry us across the
divide and intact; keep dreaming. We are at the cross roads...
Submitted by Tyler
Durden on 10/26/2012
Credit-rating cuts were made on more than $200
billion of municipal securities in the first nine months of this year,
exceeding the total for 2011,
and there’s
no end in sight. Bloomberg Brief also notes that it is not just the weaker
Californian cities (such as Fresno) but even Los Gatos (an affluent town about
50 miles south of San Francisco, where Apple's Steve Wozniak lives) is facing
possible rating downgrades. Moody’s is concerned that cities might skip debt payments
in a cash crunch to preserve services and meet payroll. The decisions to seek
bankruptcy “provide
some indication that willingness to pay debt obligations may be eroding
in the U.S. municipal market,” according to the Moody’s report, especially
since California municipalities have limited ability to boost revenue. They can’t impose higher sales
taxes without going to voters. Meanwhile Chapter 9 Muni petitions are now above
2011's YTD equivalent as California’s Mendocino
Coast Health Care
District became the 12th Chapter 9 petition filed year to date and the
fourth from that state - up from just 5 Chapter 9s in 2010. Paging Ms.
Whitney...
Submitted by Tyler
Durden on 10/26/2012
One in four Spaniards are now officially out of work
- well over double the euro-area's average 11.4% rate. This is the highest rate
of unemployment since the Franco dictatorship ended in the mid-1970s as 5.8
million now stand idle. Perhaps more stunning is the fact that eight of
the bailout-nation's regions have higher unemployment rates than the national
average with Cueta at a stunning 41.03% (with women's unemployment
rate in that region an almost incomprehensible 56.92%)!! The YoY increase
of almost 800,000 people unemployed leaves 1.74 million households with
no members employed. As one would expect, loan delinquencies
are also surging as Caixabank just almost doubled its pool of bad
loans in the third quarter. While Rajoy fiddles...
Submitted by Tyler
Durden on 10/26/2012
The preliminary look at Q3 GDP just came out and
"beat" expectations of a 1.8% print, with a 2.0% reading (or just in
line with stall speed, a number which previously has been indicative of
recessions). So far so good, but as with every other pre-election economic data
point out of the government, one has to look behind the headline to get the
true picture. And the details are, as expected, ugly. Because of the 2.02%
annualized increase in GDP, over one third, or 0.71% (compared
to a deduction of -0.14% in Q2), was contributed by "Government
Consumption." This was the biggest rise in
government spending in 3 years, and only the first contribution by Uncle Sam to
its own GDP print since Q2 2010. So in much the same way as the
September jobs print soared courtesy of government employee hiring, this same
government is now juicing its own numbers to make itself look better. The real
question is what the second and third Q3 GDP revisions will show, which both
come, luckily, after the election. Recall that Q2 GDP initially came out at
1.5%, then was revised to 1.7%, until finally coming to rest at 1.25%.
Submitted by Tyler
Durden on 10/26/2012
Tim Geithner's carefully scripted plan to avoid
European "reality" until the US election is unraveling. While
previously Greece was not supposed to be an issue until after November
6, the recent escalation with the Greek FinMin openly lying about a Troika
interim bailout outcome (which may or may not happen, but only following yet
another MoU which would see Greece fully transitioning to a German vassal
state in exchange for what is now seen as a €30 billion shortfall over
the next 4 years, and which would send Syriza soaring in the polls in the
process ensuring that a Grexit is merely a matter of time) has forced a
retaliation. According to the Greek press, the Troika now demands that Greece
resolve its objections to labor reforms (which as reported
earlier have forced the ruling coalition to split) by Sunday night, or else...
Marketwatch: UBS to cut up to 10,000 jobs: report
Radio Update: Dow down 2% on week
U.S. stocks finish with weekly losses
Forget
1%, 99% Or 47%: It Is The Turn Of The 70% To Be Pissed
Mike Krieger | I am done with the two part system and will be
voting for Gary Johnson.
Catherine
Austin Fitts: There Is No Fiscal Cliff In January 2013 Unless You Want It
vidrebel.wordpress.com | There will be no January Fiscal Cliff unless we
agree to let the bankers get away with it.
Will
The Bottom Fall Out? 15 Signs That Layoffs And Job Losses Are Skyrocketing
The Economic Collapse | If you still have
a good job, you might want to hold on to it very tightly.
Q3
GDP Estimate Beats Expectations As Government “Consumption” Soars
Zero Hedge | This was the biggest rise in
government spending in 3 years.
8,803,335:
Another New Record for Disability—Up 975 Per Day Under Obama
CNS News | The number of American workers
collecting federal disability insurance benefits hit yet another record high in
October, according to the Social Security Administration.
David
Einhorn Explains How Ben Bernanke Is Destroying America
Zero Hedge | David Einhorn knocks it out
of the park with his very first statement during today’s Buttonwood Gathering.
The Germans Are
Coming for Their Gold
CNBC.com | A German federal court has
said that country’s central bank should conduct annual audits and
physically inspect its gold reserves worldwide, including gold in the custody
of the Federal Reserve Bank of New York.
(10-26-12) Dow
13,107 +3 Nasdaq
2,988 +1 S&P 500
1,411 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.28 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (**The BTU-adjusted price of E-85 is the nationwide average price of E-85
adjusted to reflect the lower energy content as expressed in British Thermal
Units - and hence miles per gallon - available in a gallon of E-85 as compared
to the same volume of conventional gasoline…’ so adjusted=$4.00 – higher real than quoted price for respective states including
CA, infra – another
manipulation for the ‘feel good’ effect despite the inflationary
over-printing of weimar dollars/currencies)(reg.
gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75 MID-GRADE/$4.90
PREM./ $4.76 DIESELL) / GOLD $1,711 (+24% for year 2009)
/ SILVER $31.95 (+47% for year 2009) / PLATINUM $1,539 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 77 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks /
Bonds / Currencies - Domestic / International
This
Is a Secular Bear Market and The End of Buy and Hold … and Hope The bull market that never was/were beyond wall
street b.s. when measured in gold
‘WORST ECONOMIC COLLAPSE EVER’ Must Read
Economic / Financial Data This Depression is
just beginning The coming
depression… thecomingdepression.net
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
http://albertpeia.com/layoffsjoblossesskyrocketing.htm
http://albertpeia.com/spainbeyondsaving.htm
http://albertpeia.com/37factscrueleconomydesperateamericans.htm
http://albertpeia.com/truthabouteumediawontreport.htm
Debates 'diminished' Obama, says Romney "You can boil
down what he's saying to four simple words: more of the same," Romney said
today in Reno. { I’m truly astounded that after 4 years of b***s***, lies,
profligate spending for obfuscation but much vacation, and consequent
unequivocal failure, people are even listening to, much less ‘buying’ what
wobama desperately says. Not even a word from 0 is worth listening to. That
includes those who should supposedly know better. Moreover, self-respect
requires that americans reject wobama’s desperate campaign slings, arrows, and
desperate entreaties which ignore the reality of his blatant failure in large
part owing to his having failed to do as promised last ‘eternal campaign’. Then
there’s the threats and intimidation from the niggers who are like ignorant, vicious animals in lockstep accord with the abject
and utter presidential failure obama; yet, such typical ‘clannish’ racism by
blacks is virtually ignored and rational opposition to the failure spelled ‘0’
is being cast as racist. How can any nation survive such contraindicated
insanity. I’m truly amazed! }
Why
Greg Smith Left Goldman: Wall St. Now an 'Eat-What-You-Kill System'
Dutch court says Samsung does not infringe Apple patent [
Though contrary, american courts almost without exception and the federal
system generally, are so corrupt and lacking in credibility that they really
deserve no precedential, jurisprudential respect…and get none. From my direct
experience: One thing is
certain from my own direct experience { The unfortunate reality is what I’ve alluded to in
the context of my own direct experience; viz., america’s ‘legal system’ is an
illegal system used to cover-up crimes, arbitrarily enforce laws to apply
pressure, etc., and essentially run by the inmates of this collective criminal
entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite
enormous amounts of taxpayer money poured into the ‘federal system’, there’s
relatively/proportionately very little real significant results (an example
would be the brutalizing of Martha Stewart over a $45 thousand transaction
while wall street frauds in the trillions by the biggest players have gone
unprosecuted). ( I believe reasonable diligence requires self-reliance more
than ever before in this nation’s history; particularly when political
correctness in some states prevents calling a spade a spade to the substantial
detriment of law enforcement! http://albertpeia.com/selfdefense.htm ) ]
http://theeconomiccollapseblog.com
http://albertpeia.com/systemwherebanksdontcreatemoney.htm
http://endoftheamericandream.com
http://albertpeia.com/selfdefense.htm
[
One thing is certain from my own direct experience { The unfortunate reality
is what I’ve alluded to in the context of my own direct experience; viz.,
america’s ‘legal system’ is an illegal system used to cover-up crimes,
arbitrarily enforce laws to apply pressure, etc., and essentially run by the
inmates of this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite
enormous amounts of taxpayer money poured into the ‘federal system’, there’s
relatively/proportionately very little real significant results (an example
would be the brutalizing of Martha Stewart over a $45 thousand transaction
while wall street frauds in the trillions by the biggest players have gone
unprosecuted). I believe reasonable diligence requires self-reliance more than
ever before in this nation’s history; particularly when political correctness
in some states prevents calling a spade a spade to the substantial detriment of
law enforcement! ]
Romney’s Detroit op-ed jumps to NYT’ ‘Most Read’ list
Lance
Armstrong and America’s growing culture of psychopathic liars Natural News | Lance Armstrong’s implosion
is being called an “epic downfall” by CNN.
Obama’s attacks on Romney belittle presidency Marketwatch {
Indeed! Come on! What can wobama say? He has but a record of abject failure to
run on! And, the record IS unequivocally
utter failure! All the choom fantasy, fellow nigger intimidation and
threats will not change that fact!
Drudgereport 10-23-12: Obama Supporters (niggers et
als) Continue Threats To Riot, Assassinate Romney... }
Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{ The question is do americans have the courage to stand up to the
uncivilized terrorist niggers by giving the deserved boot to an egregiously
failed president obama who has proven himself to be a typical jive-talking
b***s*** nigger himself! Or, are americans going to cower in fear of the nigger
threats and prove to the world they are but cowards of a failed nation. }
New
Threats to Riot if Obama Loses Election...
[ The threats alone are a reason sufficient for backing President
Romney. If left unchecked, the nigger terrorists will be even further
emboldened to their already egregious criminal, terroristic ways. No man, woman,
or child will be safe if the lethal black cancer grows. The 4 years of O have
been complete, utter failure and no amount of wobama b***s*** and nigger
intimidation can change that fact! Quite simply, niggers are inherently
criminal terrorists: Examples
of what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY
! ….
Mannnn OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected? #Riot in the
streets!!”
(SOURCE)
“If Romney becomes president let’s all start a riot.” (SOURCE)
“If romney wins, imma start a mf’n riot! Rns.” (SOURCE) ]
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes,
says the optimist who sees the opportunity in every calamity and not vice
versa. Indeed, President Romney’s election based upon american people’s survival instincts and
an awakening from the wobama b***s*** slumber of decline will provide the
opportunity to incarcerate the niggers who will use such as an excuse to do
what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah! These are typical, mooching, failing (but
fun-lovin’/party
animals), unproductive blacks; and non-blacks should be outraged! }
Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport: UPDATE: Obama gives himself
an 'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to love Romney but
you at least have to like yourself in saying ‘NO!’ to more wobama b***s***
which is all that he is. Have some self-respect. His grade is unequivocally ‘F’
for failure, having failed to do as promised which coincidentally is a direct
cause among others of this debacle called america’s dark obama years. All the
talk/b***s*** cannot change that reality.
}http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well done
and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
http://theeconomiccollapseblog.com
http://albertpeia.com/oneworldeconsystemkillsamericanjobs.htm
http://albertpeia.com/europebullionhyperinflation.htm
Two bank failures take U.S. tally to 46, FDIC says Marketwatch
Microsoft’s benefit of the doubt is done Marketwatch {
Indeed! } Microsoft earnings fall ahead of slate of releases { There
should be no surprise here … microsoft word/windows 2000 professional … that’s
it … all downhill thereafter … newer op systems are invariably unstable
regardless of the amount of ram or processor (ie., AMD/Intel). Terrible!
Pathetic! Horrible! What can you expect from a failed government protected
monopoly. }
Pimco says U.S. downgrade imminent Marketwatch
The failed banana republic/welfare state of
california, for wobama with eyes closed, a corruption/fraud/crime-ridden state
desperate to help 4 year failure obama by whatever fraudulent/corrupt means:
‘…Business
Insider's Henry Blodget claiming that "Well, we're glad to say that we've
finally gotten to the bottom of what happened" and that the state in
question is none other than California (supposedly as opposed to Illinois to
shut up those wacky conspiracy theorists). Turns out the site known best for
its slideshow presentations (which will soon double down as advertisements)
may have once again fibbed just a little, following an official demand by none
other than California state Employment Development Department direct, Pam
Harris (the lying nigger), that BI retract its article. To wit: "Reports
that California failed to fully report data to the U.S. Department of Labor, as
required, are incorrect and irresponsible... It’s unfortunate this ‘reporter’
and others who repeated the article’s erroneous statements chose to speculate
rather than report, failing to confirm this information with EDD." Sure
enough, the 'reporter' in question replied, and it appears that Business
Insider is better informed than California when it comes to matters such as
these, and has refused to retract…’
http://www.marketwatch.com/story/ignore-volatile-jobless-data-hiring-still-slow-2012-10-18
‘…The culprit: California. The nation’s most
populous state appears to have shown a smaller number of claims than usual two
weeks ago. The seeming shortfall was probably made up for in the most recent
data. Since California is the state with the highest number of overall claims,
it can have a big influence on the weekly U.S. report. The number of people who
apply for benefits each week in the Golden State is roughly equal to New York,
Texas and Illinois combined. A message left with the employment development
department of California wasn’t immediately returned…’
What can you expect from niggers...0! The
niggerization of caifornia: 10
states stealing California's population { Stealing? I don’t think
so. There’s really nothing positive to say about california as a (w)hole! Only
jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
What Do California And Detroit
Have In Common? (Hint: niggers, etc.) http://albertpeia.com/californiadetroitdeclineincommon.htm { Not to be confused with the baseball
Tigers: Congratulations on your pennant win! Go Big Cats! }, Failed Wobama model illustrated: 16 Reasons
To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm Pro 0 New York’s not much better with their trillion dollar wall street
frauds/drain.
http://albertpeia.com/55factsaboutusdebtfinancesvotersshouldknow.htm
Microsoft earnings fall ahead of slate of releases { There
should be no surprise here … microsoft word/windows 2000 professional … that’s
it … all downhill thereafter … newer op systems are invariably unstable
regardless of the amount of ram or processor (ie., AMD/Intel). Terrible!
Pathetic! Horrible! What can you expect from a failed government protected monopoly.
}
http://albertpeia.com/50crazythingswobamasupportersthreatening.htm
{
The question is do americans have the courage to stand up to the uncivilized
terrorist niggers by giving the deserved boot to an egregiously failed
president obama who has proven himself to be a typical jive-talking b***s***
nigger himself! Or, are americans going to cower in fear of the nigger threats
and prove to the world they are but cowards of a failed nation. }
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes,
says the optimist who sees the opportunity in every calamity and not vice
versa. Indeed, President Romney’s election based upon american people’s survival instincts and
an awakening from the wobama b***s*** slumber of decline will provide the
opportunity to incarcerate the niggers who will use such as an excuse to do
what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
…
The following
are 50 crazy things that Obama supporters are threatening to do if Romney
wins...
·
if romney wins i
will cry in the fetal position every day (Source)
·
I'm serious: if Mitt
Romney wins the presidency I'm moving to La Jolla to live in his vacant mansion
#election (Source)
·
#IfObamaDontWin ima be walking around
playing #2Pac with
a 38 on my hip every where i go" (Source)
·
Best believe if
Romney wins I'm dropping out and selling drugs (Source)
·
If romney win ima
start bac robbin white folks.! (Source)
·
if Romney actually
wins, I'm starting a riot (Source)
·
If Romney take away
weave & my yams(foodstamps) . Ima get his White Asz (Source)
·
If Mitt Romney wins
, I'm never having sex again! (Source)
·
if Romney wins and
there's a riot, I'm participating! (Source)
·
#IfObamaDontWin hell yeah America
should riot and kill Romney!!! (Source)
·
if #Romney
becomes president ima find away to be in the black panthers so we can take that
mf out. (Source)
·
If Mitt Romney wins
the election, I volunteer as tribute for the Hunger Games (Source)
·
If Romney Get
Elected , The Only Hope Ima Have Is Sellin Dope ! #Gshit (Source)
·
Why ppl say if
Romney win it's back to the feilds? Lol if he win ima blow the white house up (Source)
·
If mitt Romney gets
elected then ima buy all the tampons in the store!!!!!!!! And probably buy them
in bulk from Sam's club (Source)
·
If Romney takes away
food stamps 2 Chainzz in this bit IMMA START A RIOT (Source)
·
If romney do win..
This riot is gon help out my christmas shoppin alot lol (Source)
·
I think we are all
being too kind as Dems. If Romney wins see how kind he will be to our Middle
class disappearing pockets. This is war! (Source)
·
If Romney wins I'm
moving out of the country.. (Source)
·
If Romney wins who’s moving to Canada with
me? (Source)
·
#IfObamaDontWin Im moving to mexico lol
(Source)
·
I swear if #Romney
wins Im legit packing up my stuff and moving to england!! I cant stand him! He
always changes his mind! (Source)
·
#IfObamaDontWin Why hello Italy.. I'm
going back. (Source)
·
If Romney wins the
election I'm fleeing to Brazil after graduation. (Source)
·
#IfObamaDontWin Im Moving To Ghana (Source)
·
#IfObamaDontWin I'm Moving to Zimbabwe.
(Source)
·
I’m an undecided voter. I
haven’t
decided where I’m moving if Romney wins. (Source)
·
My mom said if
Romney wins we're leaving the country ^.^ (Source)
·
#IfObamaDontWin people are gunna move
to a different country were they can get financial help (Source)
·
I think ima start a
riot if romney win. (Source)
·
Maybe workers should
stand together and tell bosses if Romney wins they're walking off the job. (Source)
·
If I see another
"Romney" sign I swear ima knock it down... -_- #Obama2012
(Source)
·
Ima start stealing
Romney signs for a bonfire lol (Source)
·
if romney wins our
ppl will riot.... (Source)
·
If Romney became
President and took away welfare Downtown Cincinnati would become a riot (Source)
·
If Mitt Romney wins
come Nov. I'm becoming an Atheist Nun, just to shut-down those dickheads that
want take control over me. (Source)
·
If romney becomes
president just know it's gone be a RiOT ! People can't stand him. (Source)
·
Guys if Romney wins
that means no more food stamps. The hood is about to have its own hunger games...
(Source)
·
Oh wow! I heard
there is gunna be a big riot if Romney wins! (Source)
·
When Romney wins,
deys arl gonna riot and kill the cwacker, and da rest of da whiteys too. (I
CAN'T F$KING WAIT!) I need a target rich envir (Source)
·
@FloggerBarb
LMAO! Naw, my homeboy paged me. Say he gots to axe me a question about rioting #ifobamadontwin holla, jig! (Source)
·
If mitt Romney wins
instead of ridin round wit da Nina we Gonn be ridin round wit dat pistol (Source)
·
Dear American
pro-lifers, if Mitt Romney becomes president, I will personally abort one
foetus for every vote he wins. #tryme (Source)
·
I Heard Mitt Romney
, Tryna Take Away Food Stamps , If He Do ."IMA START A RIOT , IMA START A
RIOT" (Source)
·
If Romney wins Ima
start a riot ill burn the whole White House down (Source)
·
If Romney wins then
ima take it upon myself to assassinate his ass!! (Source)
·
IF MITT ROMNEY WINS
THERE WILL BE A CIVIL WAR (Source)
·
If Romney wins, I
think I'll kill myself. Can't live through the indignity of that on top of a
really crappy year. (Source)
·
I Hope The USA Is
Well Aware That If In The Event This Character Romney Wins The Election, The
People Will Start A Country Wide Riot! #Power (Source)
·
If Mit Romney win
ima start a fucking riot str8 burning shit down (Source)
http://albertpeia.com/twofacts.htm
http://albertpeia.com/lastdaysofamerica.htm
http://albertpeia.com/waitingforgodoe.htm
http://albertpeia.com/americanfoodfeces.htm
http://albertpeia.com/globalfoodreservesdown.htm
http://albertpeia.com/21signsglobaleconomiccrisisabouttogetmuchworse.htm
http://albertpeia.com/greeceyuntappedwealth.htm
Bear market may begin Tuesday
{ We are in a secular bear market (foolishly) obfuscated by fiat paper currency
creation/printing! }
http://albertpeia.com/bernankebluff.htm
http://albertpeia.com/allfornaught.htm
Marketwatch: Florida
poll shows Romney leading Obama by 7 points
FOX: Stocks: More decay is on the
way In times like these, a medium-term speculator's prey is usually
found in the more-speculative climes of the market, i.e. Nasdaq titles.
Poll: Romney leads Obama in
Florida by 7 points
Obama's Lucky Charms: A Hindu
God In His Pocket, A Masonic Emblem, And A Ring That Says "There Is No God
Except Allah" http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced fantasies
which reveal a psychogenic/dissociative amnesia that works well in the
continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign trail’
littered with the cowpies of stark reality. People owe themselves and their
children more than this grifter’s con which in numbers measures more than the
increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport:
UPDATE: Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
Dave’s
Daily: http://www.etfdigest.com ‘JOBLESS CLAIMS SNAFU 10-11-12 You can
almost hear Jack Welch’s “I told you so” after Thursday’s Jobless Claims data
was released…’
Jack Welch: I Was Right About
That Strange Jobs Report
WSJ | The 7.8% unemployment figure released by the
BLS last week is downright implausible.
- The US
Labor market noted that one state accounted for the entire drop.
- It is the first week of the quarter which historically adds volatility,
especially with expectations of a seasonal adjustment.
- Extended benefits rose (+13,802) in the latest week due to the state of NY
returning to the program starting Sept 9th.
Update details:
- Although
initial upside was seen in US stock futures, most of the move has since been
pared as attention paid to these factors.
Al
Peia • (posted to
Yahoo News) What large
state? Nobody seems to care. That state's going to pay for the
scam/fraud/corruption. What state?!
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity
in every calamity and not vice versa. Indeed, President Romney’s election
based upon american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re
inclined/predisposed to do anyway, and in one lawless form or another, are
already doing. Prison or sub-saharan Africa are the only places suitable for
niggers. Let no man, woman, or child fall prey to their intimidation and
uncivilized violence. 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 }
http://albertpeia.com/unsustainable.htm
http://endoftheamericandream.com
http://albertpeia.com/ohowweird.htm
Why do our politicians have to be so weird? { Why? Because in, ie., O’s
case, he is weird. Homo/hetero, Muslim/Hindu/Christian, for Wall Street/against
Wall Street, prosecute/no prosecute, war/no war, say one thing/do another,
truth/no truth, etc.. wobama’s gotten’ by on b***s*** and ‘special
consideration’ alone, never having done anything of substance in his entire
life. Indeed, even his so-called ‘auto-biographies’ are works of what appear to
be ‘choom-gang’ induced fantasies which reveal a psychogenic/dissociative
amnesia that works well in the continuing ‘narrative’ devoid of fact on his
‘more b*** s*** campaign trail’ littered with the cowpies of stark reality.
People owe themselves and their children more than this grifter’s con which in
numbers measures more than the increased deficits of all the presidents since
President General Eisenhower combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom Gang Bangin’ { This brief video (11 mb) is well done
and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( The Real Obama Budget Deficit
For 2011: 5 Trillion Dollars
http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm } You can tell a lot about a person by the
jewelry that they wear and by the things that they carry around in their
pockets, and Barack Obama's "lucky charms" include a Hindu god, a
Masonic emblem and a "wedding ring" that has the phrase "there
is no god except Allah" inscribed on it. So what do these things
tell us about Barack Obama? That is a very good question. Perhaps
someone should ask him about these items. If he is indeed a Prince Hall
Freemason (as has been publicly reported), then he
should just come out and admit it. If he feels a connection to Hinduism
or Islam, then he should just come out and admit it. One of the biggest
things that annoys so many people about Obama is the secrecy that he has about
his past. There are vast stretches of his history that nobody is even
supposed to talk about. We are all just supposed to accept that he is a
"Christian" man that is not into any freaky stuff even when there is
a tremendous amount of evidence to the contrary…’
Euro
erases gains after Spain downgraded
S&P
cuts Spain's rating to one notch above junk
Playing games with pensionsPublic pensions
are severely underfunded, threatening the retirements of government workers and
taxpayer wallets.
Food Inflation To Surge,
Goldman Warns
http://albertpeia.com/28questionsmainstreammediashouldbeasking.htm
http://albertpeia.com/largesteconomyimploding.htm
MF cuts
2012, 2013 global growth forecasts Marketwatch
http://albertpeia.com/inflationrateisalietoo.htm
http://albertpeia.com/spaincouldbringdowneubanksystem.htm
http://albertpeia.com/detroitdeathsdoor.htm
Romney
leads by four points in post-debate survey
Read more: http://www.businessinsider.com/jack-welch-obama-jobs-report-numbers-romney-2012-10#ixzz28QfCZ67d
JACK WELCH: Obama Is
Manipulating The Jobs Numbers Because His Debate Performance Was Awful
Business
Insider | Former GE CEO Jack Welch’s reaction to non-farm payrolls adding 114,000 new
jobs in September and the unemployment rate falling to 7.8 percent. Welch: Obama manipulating
numbers after debate performance...
{ There are some people (and their assessments) that you might dismiss
as light-weight partisans… Jack Welch is not one of them! Indeed, among the rarest
breed historically of exceptional american CEO’s, Welch points to the
folly of preposterously a month before elections, on paltry/pathetic jobs
numbers ( election year temp/part-time for manipulating stats along with the
nebulous ‘stopped looking’ fudge factor) , following
a disasterous debate showing (of wobama failure and incompetence), the
unemployment rate falls to just below the ‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is
tantamount to the obama 100% employment fantasy where literally everyone but
him has stopped looking for work and hence, not counted in compiling the
unemployment rate (and then those jobs in the millions lost and gone forever on
his watch - what a banana republic!). Come on, wake up!: JACK
WELCH: OBAMA IS MANIPULATING THE JOBS NUMBERS BECAUSE HIS DEBATE PERFORMANCE
WAS AWFUL…UNBELIEVABLE JOBS NUMBERS…THESE CHICAGO GUYS
WILL DO ANYTHING…CAN’T DEBATE SO CHANGE NUMBERS. }
Zero Hedge | We already
noted the absolutely stunning surge in reported Household Survey jobs which
“added” 873,000 jobs.
‘Well, isn't that
convenient? The Obama campaign desperately needed the last employment
report to be released before the election to show that the unemployment rate
had fallen below 8 percent, and somehow it magically happened. Even
though non-farm payroll employment only increased by 114,000 last month (not
enough to even keep up with population growth), the official unemployment rate
fell from 8.1 percent to 7.8 percent. So how did that happen? Well,
the unemployment number is not based on the survey of employers that showed
that 114,000 jobs were added to the economy last month. Rather it is
based on a survey of households. And that survey showed that the total
number of Americans employed last month increased by a whopping 873,000 -
almost eight times the number that the employer survey showed. That
figure for September (873,000) was the biggest one month increase in 29
years. And it just happened to come at the exact perfect time
for Barack Obama. So was there a jobs report conspiracy? Examine
the evidence and decide for yourself.
The number of Americans with a job fell by
195,000 in July.
Then it fell by another
119,000 in August.
But somehow in September it miraculously exploded in
the other direction and 873,000 jobs were added to the
economy?
If you believe that, I have a bridge that I want to
sell you.
Somehow, the largest increase in jobs in 29 years
happened just when Barack Obama needed it the most.
Nah, that doesn't sound fishy to me at all.
We are being told that a big reason for the huge
increase was the number of Americans working part-time for "economic
reasons". That number surged from 8.0 million in August to 8.6
million in September.
Why the sudden jump?
Nobody can really explain it.
And if you look at the U6 unemployment rate, nothing
has really changed at all. U6 is still at 14.7 percent just like it was
last month.
But the media is not going to talk about the U6
rate. Instead, all of the headlines are going to be about "7.8 percent".
According to the survey of employers, the U.S.
economy added fewer jobs in September than it did in August, and it added fewer
jobs in August than it did in July.
So according to the survey of employers, the
employment situation in the United States is getting worse.
But according to the household survey, we just had
the greatest month of job creation since the first term of Ronald Reagan.
Something does not add up.
And as I have written about previously,
the unemployment rate would actually be up around 11 percent instead of 7.8
percent if not for the millions of workers that the government claims
"dropped out of the labor force" over the past few years because they
became too discouraged to look for work.
So unemployment in America is still a
massive crisis, but the media is boldly proclaiming that things are
getting better and that we are on the road to recovery…’
…
The following is a sampling of skeptical quotes about
this jobs report....
Former GE chief Jack
Welch
Unbelievable
jobs numbers..these Chicago guys will do anything..can't debate so change
numbers
Chapwood Capital Investment Management Managing
Partner Ed Butowsky
I feel like I’m watching a
movie. There is no way in the world these numbers are accurate.
Neil
Irwin of the Washington Post
"Weird
that payrolls are exactly on forecast but household survey is far better."
Conn Carroll, senior editorial writer for the
Washington Examiner
While it is
highly improbable that BLS conspired to cook the books, there is still a huge
756,000 job gap between the number of jobs employers told the Labor Department
they created in September (114k), and the number of Americans who told the
labor department that they got new jobs (873k).
U.S. Representative Allen West
I agree with
former GE CEO Jack Welch, Chicago style politics is at work here. Somehow by
manipulation of data we are all of a sudden below 8 percent unemployment, a
month from the Presidential election. This is Orwellian to say the least and
representative of Saul Alinsky tactics from the book "Rules for
Radicals"- a must read for all who want to know how the left strategize .
Trust the Obama administration? Sure, and the spontaneous reaction to a video
caused the death of our Ambassador......and pigs fly.
Gluskin Sheff's David Rosenberg
That the 7.8
percent jobless rate takes it to the level that prevailed when the President
took office in January 2009 has raised many an eyebrow. I don't believe in
conspiracy theories. But I don't believe in the Household Survey either.
This
notoriously volatile indicator has become even more so in recent months. It
showed a 195K slide in July and a 119K decline in August, to only then reveal a
massive 873K surge in September.
Radio host Laura Ingraham
"Jobs #s
from Labor Secretary Hilda Solis are total pro-Obama propaganda--labor force
participation rate at 30-yr low. Abysmal!"
Americans for Limited
Government
"Either
the Federal Reserve, which has its fingers on the pulse of every element of the
economy, and the Bureau of Labor Statistics manufacturing survey report are
grievously wrong or the number used to calculate the unemployment rate are
wrong, or worse manipulated. Given that these numbers conveniently meet Obama's
campaign promises one month before the election, the conclusions are
obvious."
Rick Santelli of CNBC
"I told
you they'd get it under 8 percent — they did! You
can let America decide how they got there!"
Of course the backlash in the media against
skepticism of the jobs report has been very forceful.
Already, those that are doubtful of the legitimacy of
the jobs report are being called "truthers" - as if there is
something wrong with wanting to know the truth.
Sadly, that is how things work these days. If
you don't like the viewpoint that some people are expressing, you just label
them "conspiracy theorists".
…
{ JACK WELCH: Obama Is
Manipulating The Jobs Numbers Because His Debate Performance Was Awful Business Insider | Former GE CEO Jack
Welch’s reaction to non-farm payrolls adding 114,000 new jobs in September and
the unemployment rate falling to 7.8 percent.
Welch: Obama manipulating numbers after debate
performance... { There are
some people (and their assessments) that you might dismiss as light-weight
partisans… Jack Welch is not one of them! Indeed, among the rarest breed
historically of exceptional american CEO’s, Welch points to the folly of
preposterously a month before elections, on paltry/pathetic jobs numbers (
election year temp/part-time for manipulating stats along with the nebulous
‘stopped looking’ fudge factor) , following a disasterous debate showing (of
wobama failure and incompetence), the unemployment rate falls to just below the
‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is tantamount to
the obama 100% employment fantasy where literally everyone but him has stopped
looking for work and hence, not counted in compiling the unemployment rate (and
then those jobs in the millions lost and gone forever on his watch - what a
banana republic!). Come on, wake up!: JACK
WELCH: OBAMA IS MANIPULATING THE JOBS NUMBERS BECAUSE HIS DEBATE PERFORMANCE
WAS AWFUL…UNBELIEVABLE JOBS NUMBERS…THESE CHICAGO GUYS WILL DO ANYTHING…CAN’T
DEBATE SO CHANGE NUMBERS. }
http://albertpeia.com/whichcurrencythecomingdollarreplacement.htm
After the
debate debacle for Obama, we’ll find out if we have a race
Obama mocks Romney as ‘getting tough on Big Bird’ { Wow! Great point O. I
bet that point wasn’t even teleprompted; strictly your own. Now people know why
america’s going down so fast and furious! }
Drudgereport: UPDATE: Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to love Romney but
you at least have to like yourself in saying ‘NO!’ to more wobama b***s***
which is all that he is. Have some self-respect. His grade is unequivocally ‘F’
for failure, having failed to do as promised which coincidentally is a direct
cause among others of this debacle called america’s dark obama years. All the
talk/b***s*** cannot change that reality.
Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White
House on weak jobs report: Don’t ‘read too much’ into it Olivier Knox, Yahoo! News { Riiiiight! Sounds like a plan! After all,
wobama’s gotten’ by on b***s*** and ‘special consideration’ alone, never having
done anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced fantasies
which reveal a psychogenic/dissociative amnesia that works well in the
continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign trail’
littered with the cowpies of stark reality. People owe themselves and their
children more than this grifter’s con which in numbers measures more than the
increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To
Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate Democrats voted against
sending the DREAM Act to the Senate floor for full consideration. The bill
would have created a path to citizenship for many young illegal immigrants
brought to the United States as children. Last week, Obama announced plans to
stop deporting illegal immigrants who would have qualified for the DREAM Act.
The policy change does not include a path to citizenship…’ Then there’s the other meretricious
‘wobama desperation hail mary’ that once again falls short. Indeed, as an
investor, one analyzes earnings, projects prospective earnings over a 3-5 year
horizon, and the quality of the earnings along macro economic factors which are
affected by ‘political considerations’. Does anyone remember the honorable Ross
Perot who warned of NAFTA’s effect on american jobs even as the democrat
administration et als were hell-bent on passing same? Should Romney have
breached his legal duty to shareholders and invested in companies with poor
earnings prospects? After all, in the financial / security analysis step of
projecting the income statement, prospective labor costs figure prominently in
the bottomline. In sum, Romney took conditions as he found them, and made the
prudent choices which as per his legal duty were optimal for those who put
their trust in him. For those who put their trust in proven failure wobama, all
they have to show for such misplaced trust are broken campaign promises, now
insurmountable record deficit spending exceeding all the presidents since
Eisenhower combined to obfuscate what clearly has been wobama’s unequivocal
failure. ]
Will accept your birthday or
anniversary gifts, too...
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://albertpeia.com/christianspatriotsobamasterrorists.htm
http://albertpeia.com/americanspoorerfattersicker.htm
http://albertpeia.com/bernankesnexthousingcrash.htm
http://albertpeia.com/fearthebighyperinflationcoming.htm
http://alberpeia.com/feddestroyingeconomy.htm
Time to
reap gains and hedge positions
Marketwatch ‘it is time to take
profits’
http://albertpeia.com/grifterobamaslivinglargeontaxpayerdime.htm
{ Yeah! These are typical, mooching, failing (but
fun-lovin’/party
animals), unproductive niggers; and non-niggers should be outraged! }
http://albertpeia.com/uslooksdownonunemployedmen.htm
http://albertpeia.com/14signsworldeconomyweaker.htm
{ I feel
compelled to add here what I felt was more than just a leap of faith by Mr.
Summers who has in a recent public issue stated that he believes the biggest
frauds on wall street will be brought to justice. Wow! That’s really all I can say. The next thing he might
say is that pervasively corrupt, defacto bankrupt america et als, along with
the manipulated fraudulent securities markets, are legitimate. Wow! In his
fact-filled renderings, focus more on Mr. Summer’s facts, fact-based inferences and conclusions,
and less on his unsupportable opinions as, ie., prosecutions of the biggest
wall street frauds are acomin’, or that meaningfully lawless america’s suddenly grown scruples along with gonads
(America has neither the courage nor the will). Wow! }
{ The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed, without exception!
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.
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite
some time now and is quite a pathetic scenario! } Legal
precedent means nothing. Rule of law means nothing. Free speech means
nothing. Their own treaties mean nothing. It’s unbelievable. Anyone in the west who honestly
thinks he’s still living in a free society is either a
fool or completely out of touch. If that seems too radical an idea, consider
that ECUADOR is now the only nation which stands to defend freedom and
human rights against an assault from the United States, the United
Kingdom, and their spineless allies. The west has just become a giant
banana republic. Have you hit your breaking point yet? If not now… when? { { I’m really constrained to interject my own direct
experience with the FBI here; and, I must say I do so lamentably. If you want
no real results vis-à-vis organized crime which now extends to the upper
reaches, highest levels of the corrupt u.s. government, go to the FBI. I
discounted the new jersey FBI as just typical corrupt, mob infested jersey
which thinks in terms of discos/casinos. But, truth be told, they never ask the
‘tough’ questions
of the biggest criminals; ie., the biggest wall street frauds, cia connected
illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff,
alito, etc.; but, they did go after Martha Stewart in a very big way over a
$45,000 transaction. Wow! You can’t make this stuff up. I also don’t believe
their (understated) crime stats for even a second. I’m beginning
to feel foolish for having even put my full faith and trust in them, much less
the ‘federal
(judicial) system’ who share the ‘same employer’; and, despite my antipathy for the mob, probably
would have fared ‘more fairly’ with the mobsters directly who seem to have at least
some sense of the magnitude of the fraud involved and the pervasive corruption
of the system and government and maybe a semblance of honor in this nation of
protracted decline. It never would have occurred to me back when for me, such a
choice/decision was clear-cut and simple. Such a course as mine I no longer
could recommend inasmuch as there is little difference between state/government
sponsored crime/corruption and that perpetrated by other criminal elements,
from my direct experience with both, infra:
Debauchery: An American
specialty In the land of Lindsay Lohan and Snooki, some
federal workers reflect our culture all too well. (Washington Post) [ Lindsay
Lohan? Come on Mr. Milbank, hands off the low hanging fruit. She’s totally
harmless. Jersey ‘italian’ snooki? In mob infested new jersey, who knows (one
of the properties in my proceedings for which surplus funds are unaccounted for
was a 2 bedroom 1 and 1/2 bath condominium in seaside heights, n.j.). But
debauchery an american specialty? Another rare instance wherein I agree with
Mr. Milbank completely. 25 Signs That America Is A
Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm
. Review of flawed forensics
held close to vest EXCLUSIVE | Documents and interviews show
FBI and Justice Department officials took steps to control information
uncovered by a task force designed to examine cases involving discredited
agents. Many defendants were never notified of flaws in cases. ‘Simply unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting
word from the FBI as to resolution, one way or the other, concerning the RICO
matters which have been systematically and corruptly covered up by the
government (executive, legislative, and judicial branches of the pervasively
corrupt, defacto bankrupt u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct
involvement in the illegal drug trade). In this civil RICO matter, there are no
innocent bystanders; but rather, perpetrators, accomplices, and co-conspirators.
When the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure
who somewhat plaintively (‘my call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he
didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to
the disco that night’ (the documents including sworn statements delivered
to then u.s. attorney sam alito’s office in the same building disappeared twice along
with the initial assistant u.s. attorney Jonathan Lacey with whom I had
reviewed the documentary evidence, documents and their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf .
We all can infer sam alito’s reward / quid pro quo for his cover-up by his
current position on the u.s. supreme court. There was never a
question as to maryanne trump barry’s interest in corrupting the judicial process as
related to her brother’s (trump) casinos. Jersey city boy louis freeh,
labeled by former Prosecutor Larry Klaiman as the most corrupt FBI director
ever (see infra, mueller seems no different, and certainly holder’s impeachable
actions and corrupt behavior/cover-ups fit the mold, ie., fast and furious,
race bias favoring blacks, etc.) apparently covered up the RICO violations as
sent to him, and, with italian citizenship and lucrative insider deals fits the
bill. The FBI Agent Jeff Hayes of the Long Beach Office with whom I reviewed
the RICO documents and confirmed same as indicative of (drug) money laundering
was transferred shortly after meeting with him, as has been so of FBI Agent
Bill Lewis (promoted to Washington FBI headquarters) with whom I discussed the
RICO matter and case disks/dvd’s sent to the LA FBI office (they printed the
documents thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los
Angeles (see infra). So, as regards FBI flaws, coverup, etc., I have to believe
it based on my own experience and reasonable inference. I’m currently
being ‘stonewalled’ by the LA
FBI office since the departure of FBI Agent Bill Lewis.}
http://albertpeia.com/theresnoengineforglobalgrowth3.htm
{ I feel compelled to add here what I felt was
more than just a leap of faith by Mr. Summers who has in a recent public issue
stated that he believes the biggest frauds on wall street will be brought to
justice. Wow! That’s really all I can say. The next thing he might
say is that pervasively corrupt, defacto bankrupt america et als, along with
the manipulated fraudulent securities markets, are legitimate. Wow! In his
fact-filled renderings, focus more on Mr. Summer’s facts, fact-based inferences and conclusions,
and less on his unsupportable opinions as, ie., prosecutions of the biggest
wall street frauds are acomin’, or that meaningfully lawless america’s suddenly grown scruples. Wow! }
http://albertpeia.com/bottomfeeders.gif
By Paul B. Farrell, MarketWatch
http://albertpeia.com/dowwillrepeatcrashcycle.htm
It's not
different this time: The Dow Theory Marketwatch - Oliver Pursche
http://theeconomiccollapseblog.com
http://albertpeia.com/qedidnotworkforweimarrepubliceither.htm
[ http://albertpeia.com/moreqesayfraudsonwallstreet.htm {
Riiiiight! Anything but reality to thwart their daily fraud, churn-and-earn
national debacle. Actually, I think it’s more for the ‘sell the sizzle’ part of their ubiquitous fraud; that fraud inducing ‘hopium thing’ that’s been great for their high
frequency algo trade frauds that the rest of the nation/world pays for. What’s really required is
prosecution of these huge frauds, incarceration of and disgorgement and fines
for the perps, without exception! } ]
http://theeconomiccollapseblog.com
http://albertpeia.com/moreqesayfraudsonwallstreet.htm
{ Riiiiight! Anything but
reality that would thwart their daily fraud, churn-and-earn national
debacle. Actually, I think it’s more for the ‘sell the sizzle’ part of their ubiquitous fraud; that fraud inducing ‘hopium thing’ that’s been great for their high
frequency algo trade frauds that the rest of the nation/world pays for. What’s really required is
prosecution of these huge frauds, incarceration of and disgorgement and fines
for the perps, without exception! }
http://albertpeia.com/theresnoengineforglobalgrowth2.htm
[ http://albertpeia.com/moreqesayfraudsonwallstreet.htm {
Riiiiight! Anything but reality that would thwart their daily fraud,
churn-and-earn national debacle. Actually, I think it’s more for the ‘sell the sizzle’ part of their ubiquitous
fraud; that fraud inducing ‘hopium thing’ that’s been great for their high frequency algo trade frauds that
the rest of the nation/world pays for. What’s really required is
prosecution of these huge frauds, incarceration of and disgorgement and fines
for the perps, without exception! } ]
See if you can guess in which European country all
of these beautiful pictures were taken: {0}
The 4 Middle Eastern pictures above are from Saudi
Arabia, not Iran. Same thing, you say? Actually, Saudi Arabia
is doing its best to overthrow Iran via terrorism,
and is persecuting Christians and Jews much more
than Iran.
Maybe we should learn a little bit more before deciding whether or not
to bomb Iran?
Especially since the U.S. has been claiming for more than 30 years that Iran was on
the verge of nuclear capability, and top American and Israeli defense
and intelligence bosses say that bombing Iran will only increase the
odds that Iran will actually build a nuclear weapon?
Postscript: Iran obviously has problems
and is far from perfect. But given the tidal wave of propaganda in the
news which is doing everything possible to “demonize
the enemy” to justify war, we think it is valuable to provide
some balance and perspective.
http://albertpeia.com/guess.htm
Politico | “In the sense that he’s more aggressive, more illegal worldwide.” { In other words, more like a nigger! The
blackbama is basically a continuation/progression of war criminal/incompetent
bush! }
Paul
Joseph Watson | Nanny state is no longer on steroids, it has
turned into the Incredible Hulk. { http://albertpeia.com/30examplesusnolongerfree.htm }
QE4? The Big Wall Street Banks
Are Already Complaining That QE3 Is Not Enough
Economic
Collapse | QE3 has barely even started and some folks on Wall Street are
already clamoring for QE4.
[ http://albertpeia.com/moreqesayfraudsonwallstreet.htm {
Riiiiight! Anything but reality that would thwart their daily fraud,
churn-and-earn national debacle. Actually, I think it’s more for the ‘sell the
sizzle’ part of their ubiquitous fraud; that fraud inducing ‘hopium thing’
that’s been great for their high frequency algo trade frauds that the rest of
the nation/world pays for. What’s really required is prosecution of these huge
frauds, incarceration of and disgorgement and fines for the perps, without
exception! } ]
Politico | “In the sense that he’s more aggressive, more illegal worldwide.” { In other words, more like a nigger! The
blackbama is basically a continuation/progression of war criminal/incompetent
bush! }
Paul Joseph Watson | Nanny
state is no longer on steroids, it has turned into the Incredible Hulk. { http://albertpeia.com/30examplesusnolongerfree.htm }
http://albertpeia.com/americansworkedtodeath.htm
{ I
personally believe a new category of anxiety disorder has arisen in america
which probably would fall within the broader genus of ‘obsessive
compulsive’;viz., the obsessively compulsive trait being overuse
of cell phones/text messaging, etc., in some instances to the point where
fingers are literally rendered ‘raw’ from
the typing. Such, of course, is famously promoted/encouraged (tweets, etc.) by
the media, ‘celebs’, etc., and of course the ‘sellers’ of the
China-made gadgets, ie., apple (I-phones, etc.), etc.. And, despite being
invariably sympathetic to the plight of kids generally, I really must say it’s really
rather startling and pathetic! }
http://albertpeia.com/usasurveillancegrid.htm
10
states stealing California's population { Stealing? I don’t think so.
There’s really nothing
positive to say about california as a (w)hole! Only jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that was
not nearly the case concerning california which has fallen far and fast. }
http://albertpeia.com/theresnoengineforglobalgrowth.htm
Barron's
slams Facebook, stock falls
Facebook Inc.'s stock took a hit Monday after an article in the
financial magazine Barron's said it is "still too pricey" despite a
sharp decline since its initial public offering.
’…Though Facebook's stock has plunged
since its May IPO, Andrew Bary at
Barron's said the stock trades at
"high multiples of both sales and earnings, even as uncertainty about the
outlook for its business grows."At issue is the shift of Facebook's
massive user base to mobile devices. The company is still figuring out how to
advertise to people who use their mobile phones and tablet computers to access
the social network. Bary said success in the mobile space is "no sure thing"
for the company. Mobile ads must fit into much smaller screens, which doesn't
give Facebook "much room to configure ads without alienating users,"
Bary said.Facebook also has what Bary called "significant"
stock-based compensation expenses. Last year, the company issued $1.4 billion
worth of restricted stock and $1 billion so far this year, he noted. Yet
technology companies such as Facebook "routinely encourage analysts to
ignore stock-based compensation expense — and most comply. This dubious approach
to calculating profits is based on the idea that only cash expenses
matter," Bary wrote. "That's a fiction, pure and simple."Menlo
Park, Calif.-based Facebook's stock fell $2.03, or 8.9 percent, to close at
$20.83 on Monday. The company went public on May 18 at a share price of $38,
which it has not matched since…’
http://albertpeia.com/economiccollapseplusrisinginflation.htm
http://albertpeia.com/21factsamericasdecayinginfrastructure.htm
100 DAYS UNTIL
LARGEST TAX HIKES IN HISTORY...
http://albertpeia.com/taxmaggedon.htm
Romney
releases 2011 tax return, paid IRS 14.1 percent { Average for
americans is 13% … let’s talk about wobama’s record … of unequivocal failure …
the real, ineluctable and ultimate issue he’s been trying to divert attention
from … People must realize the magnitude of wobama’s failure and the
unaffordable, insurmountable expense of obfuscation: ‘…those who put their trust in proven failure wobama, all
they have to show for such misplaced trust are broken campaign promises, now
insurmountable record deficit spending exceeding all the presidents since
Eisenhower combined to obfuscate what clearly has been wobama’s unequivocal
failure...’ ( 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 ) 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 now greater than ) $211 trillion’ … ) }
President
Obama Falsely Claims Fast and Furious Program "Begun Under the Previous
Administration" Obama's Legacy: A Failed Recovery & Double-Dip
Recession Forbes /
Mariotti ‘…At some point, his statute of limitations on blaming Bush runs out…’
Obama:
Biggest mistake too much perspiration, not enough inspiration [What total b***s***!] { Biggest mistake:
too much b***s***, not enough substance; that’s reality, not spin! } White
House on weak jobs report: Don’t ‘read too much’ into it Olivier Knox, Yahoo! News { Riiiiight! Sounds like a plan! After all,
wobama’s gotten’ by on b***s*** and ‘special consideration’ alone, never having
done anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To
Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’
Then there’s the other meretricious ‘wobama desperation hail mary’ that once
again falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or
anniversary gifts, too...
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!
Obama: 'We
get Virginia, we win' { Well there you go….it’s now a one state
Presidential race, winner take all…Wow!...The scary thing is that wobama seems
to believe his own b***s***, even when he knows same to be false; as, ie.,
Dreams, etc.. Another choom gang fantasy? He really insults people’s
intelligence. I personally believe, and strong case can be made, that wobama,
like fellow chitown pol jackson, jr., suffers from psychological disorder(s).
Indeed, at the least, from psychogenic/dissociative amnesia that makes the
aforementioned facts beyond the grasp of his ‘current unreality’. I also
believe that his heavy near everyday powerful pot (choom) use took its toll on
his cognitive functions that have facilitated his outlandish claims and
outright fabrications; exactly what the nation cannot afford in these
critical/perilous times! }
Obama Blames
GOP for Inability to Pass Immigration Reform { Riiiiight! Along with
all wobama’s other broken campaign promises, some within his executive branch
exclusive control, ie., those promised prosecutions of the biggest wall street
frauds that never came, etc.. Always somebody else’s fault according to wobama
the no accountability man, who motto is the debased buck stops with anyone but
him. How pathetic! }
100 DAYS UNTIL
LARGEST TAX HIKES IN HISTORY...
http://albertpeia.com/taxmaggedon.htm
Dumb
money sees a rally, so gird for a dip
84 Statistics That Prove The Decline
Of The Middle Class Is Real And That It Is Getting Worse
By Michael Snyder, on August 23rd, 2012
http://albertpeia.com/84statsdeclinemidclassrealgettingworse.htm
http://albertpeia.com/americanmaterialism.htm
{ When it
comes to american fortunes especially; particularly, ie., fraudulent wall
street-made fortunes, though otherwise with some exceptions, that old adage
displayed at the beginning of one of Francis Ford Coppola’s masterfully done
mafia movies, viz., ‘Behind every fortune a crime’, is apposite. }
http://albertpeia.com/qeconsequences.htm
The
richest and poorest U.S. cities by income http://albertpeia.com/25uscitiesbyincome.htm
10 Quotes From Financial
Experts About The Effect That QE3 Will Have On Gold And Silver
http://albertpeia.com/10quotesfromfinancialexpertsreqe.htm
http://albertpeia.com/rainmanhelicopterbensdirtylaundry.htm
http://albertpeia.com/mittalsosaid.htm
http://albertpeia.com/shorttermthinkinglongtermpain.htm
{ The problem
is, it’s not even sound short-term thinking. Oh sure, the fraudulent churn and
earn markets are loving this, yet some see this ‘non-economic’, costly
obfuscating scam for its real effect and detriment; ie., Egan-Jones
downgrades U.S. rating on QE3 move
, etc.. }
http://albertpeia.com/10shocksregardingwhatqe3willdotous.htm
Dave’s Daily: http://etfdigest.com { Anti-American
fury sweeps across an inflamed Muslim world {
Despite casting this as being over a film, it’s not just
the film; but as well, blowback for innumerable policy missteps that ultimately
included direct or indirect acts of violence/aggression. These people are not
blind, nor are they utter fools despite america et als’ foolish
assumptions and presumptions to the contrary. } [ Guest Post: This Is Blowback ZeroHedge.com The YouTube video depicting Mohammed
is nothing more than the straw that broke the camel’s
back. This kind of violent uprising against American power and interests
in the region has been a long time in the making. It is not just the
continuation of drone strikes which often kill civilians in Pakistan, Yemen,
Somalia and Afghanistan, either. Nor is it the American invasions and
occupations of Iraq and Afghanistan. Nor is it the United States and the West’s support
for various deeply unpopular regimes such as the monarchies in Bahrain and
Saudi Arabia (and formerly Iran). Nor is it that America has long favoured
Israel over the Arab states, condemning, invading and fomenting revolution in
Muslim nations for the pursuit of nuclear weapons while turning a blind eye to
Israel’s nuclear
weapons and its continued expansion into the West Bank. ]
MARKET
WATCH HEADLINES http://albertpeia.com/marketwatchheadlines.htm
http://albertpeia.com/feddestroyingsocialsecurity.htm
http://albertpeia.com/qe3wealthywealthiertherestpoorer.htm
http://albertpeia.com/hereandthere.htm
‘
My sense is [QE3] is going to have a greater effect on inflation and a minimal impact on
jobs. ‘—Jeffrey Lacker
President
, Richmond Federal Reserve Bank
Published: 3:54 PM 08/23/2012
Anti-American
fury sweeps across an inflamed Muslim world {
Despite casting this as being over a film, it’s not just the film; but as well, blowback for innumerable policy
missteps that ultimately included direct or indirect acts of
violence/aggression. These people are not blind, nor are they utter fools
despite america et als’ foolish assumptions and
presumptions to the contrary. [ Guest Post: This Is Blowback ZeroHedge.com The YouTube video depicting
Mohammed is nothing more than the straw that broke the camel’s back. This kind of violent uprising against American power and
interests in the region has been a long time in the making. It is not just the
continuation of drone strikes which often kill civilians in Pakistan, Yemen,
Somalia and Afghanistan, either. Nor is it the American invasions and
occupations of Iraq and Afghanistan. Nor is it the United States and the West’s support for various deeply unpopular regimes such as the monarchies
in Bahrain and Saudi Arabia (and formerly Iran). Nor is it that America has
long favoured Israel over the Arab states, condemning, invading and fomenting
revolution in Muslim nations for the pursuit of nuclear weapons while turning a
blind eye to Israel’s nuclear weapons and its
continued expansion into the West Bank. ]
}
Romney and the GOP still toe the Bush line Republican leaders are sick and tired of
Democrats blaming all the nation's problems on George W. Bush, and of being
tarnished by the former president's legacy. { The problem for the democrats is
that, unfortunately for the nation and world, wobama’s essentially followed
dumbya bush’s failed legacy with few exceptions (ie., wobama/holder’s
predisposed contraindicated favoritism/bias towards blacks including black
panthers, etc.). Indeed, many within ‘the fold’ include ‘bush men’ (ie.,
mueller, bernanke, etc.); and comparable failed policies as, ie., protracted
unnecessary war, profligate spending worse than bush, rule by
proclamation/executive orders, no prosecution of huge wall street frauds, etc.,
all contrary to campaign promises/b***s*** that got him elected, a mistake that
won’t be repeated this time around. }
Schiff: QE is Final Nail in
Dollar’s Coffin
Infowars.com | $40
billion in mortgage-backed securities forever.
Think You’ll be Better Off in
Rural America? Think Again
Planet Infowars | Is this
Obama’s vision of
hope? Is this what Romney sees as the “fulfillment of the American dream” of home
ownership?
Let Krugman’s Invading Space
Aliens Buy iPhones
Bill
Anderson | Leave it to Paul Krugman to come up with yet
another creative rendition of the Broken Windows Fallacy.
Ron Paul: “Country Should
Panic Over Fed’s Decision”
Zero
Hedge | Noting that “we are creating money out of thin air,” Paul sums
up Bernanke’s position perfectly “We’ve Lost Control!”
Gasoline Prices More than
Double Under Obama: $1.84 to $3.85
CNS News | Average
retail gasoline prices have more than doubled under President Obama.
Lew Rockwell
Blog | In the latest round of government “stimulus” the Fed has announced that it will be buying $40
billion in mortgage-backed securities each month for an indefinite period of
time.
Happy Days Are Here Again:
Stock Market Approaches All Time Highs
Mac
Slavo | The Federal Reserve has officially begun its long awaited monetary
stimulus, and the world has breathed a sigh of relief – for a week
or two at least.
As Predicted, Bernanke
Launches QE3 to Help the Big Banks … Which Will Destroy the Economy
Washington’s Blog | We
predicted last week that Bernanke would launch QE3 this week.
(9-14-12) Dow 13,593 +53
Nasdaq 3,183 +28
S&P 500 1,465 +5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $99.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS $3.83 (**The BTU-adjusted
price of E-85 is the nationwide average price of E-85 adjusted to reflect the
lower energy content as expressed in British Thermal Units - and hence miles
per gallon - available in a gallon of E-85 as compared to the same volume of
conventional gasoline…’ so adjusted=$4.00 – higher real than quoted price
for respective states including CA, infra – another manipulation for the ‘feel good’ effect despite the inflationary
over-printing of weimar dollars/currencies)(reg.
gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25 MID-GRADE/$4.34
PREM./ $4.46 DIESELL) / GOLD $1,769 (+24% for
year 2009) / SILVER $34.56 (+47% for year 2009) / PLATINUM $1,704 (+56% for
year 2009) Metal News for the Day / DOLLAR= .77 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.78% AP Business Highlights ...Yahoo Market Update… T. Rowe Price Weekly
Recap – Stocks / Bonds / Currencies - Domestic / International
This
Is a Secular Bear Market and The End of Buy and Hold … and Hope The bull market
that never was/were beyond wall street b.s. when measured in gold
‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic / Financial
Data This Depression is just
beginning The coming depression…
thecomingdepression.net
The Next Wave of Collapse is
Coming Sooner than you think Sliding Back Into the Great
Depression ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
Graham Eats Humble Pie
September 13, 2012 http://gainspainscapital.com { This is an especially great opportunity to
sell this suckers’ market/take profits! Nothing’s been solved! Just because
‘no-recession-helicopter-ben’ says something, does not mean it’s true (remember
that ‘no recession call’ of his; and, of course, no QE before the election,
prospectively, already discounted many times over by the ‘markets, such as they
are, ie., algo buy programs, etc.. ).
All this and now ‘whatever’ is too little and too late for the uss
Titanic which has taken on too much, not water, but b***s***. This was a
desperate move, bespeaking desperation.The fact is things are ominously so bad,
and worse than ‘allowed’ to be seen for the moment, that something as this QE
which is economically and financially contraindicated and a proven failure for
all but the frauds on wall street along with their cohorts including desperate
politicos, is resorted to in desperation to divert attention from their
unequivocal failure. After all, though having cost so many americans their jobs
with wrong calls and policies, bernanke is trying to save his own by inflating
the markets (along with everything else, ultimately hyperinflationary) for fellow failure wobama’s sake (wobama
rehired failure bernanke, President Romney would have fired, and will fire him
… goldman sachs knew this dollar debasing failed policy QE 3 would come and at
the expense of the muppets…that’s their term for all you suckers). I further
believe this contraindicated largess to the frauds on wall street is to
preserve his post fedship tenure job possibilities by ingratiating himself even
further with those nefarious, self-serving interest groups. }
http://albertpeia.com/debaseddollarfailedstrategy.htm
http://albertpeia.com/thingsworseincomefalls4inarow.htm
http://albertpeia.com/thankswoforblowback.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/debaseddollardown.htm
Submitted
by Tyler Durden on 09/11/2012
On the
anniversary of the most emotional day in our collective memory, here are
some key statistics in the interest of truth, justice and the American
way: http://albertpeia.com/september11stats.png
Dave’s Daily: This puts the “bad news
is good” back on the front burner and means Bernanke has no choice but to QE
and inflate asset prices. He still has “some” weapons left but he’s running out
of bullets. QE bulls could care less since it’s time to party.All this QE
speculation trashed the dollar (UUP) and bolstered gold (GLD) and silver (SLV).
After all, if it’s balls to the wall once again these assets are the insurance
against currency debasement.Individual investors are still either hiding in low
yielding bonds, dividend sectors or are just on the sidelines. Those buying
include corporations with buybacks, hedge funds, and overseas investors feeding
on the weak dollar and to a lesser extent captive money in pension plans.The
fly on the soup today was a crummy report from Intel (INTC) which issued a
warning as PC demand is weak. This pulled semiconductor ETF (SOXX) and the
overall technology index (XLK) lower. There is concern that PC sales are
stalling given the pending launch next month of Windows 8 which is an entirely
different approach from (MSFT) affecting (IGV).As stocks followed the rally
from Thursday on QE hopes, bonds (IEF) took a breather but not by much given
likely Fed money printing and buying.The important thing to remember about QE
activity is what’s the grade? Thus far in the U.S. at any rate its money that
goes first to the Primary Dealer network (mega-banks) and then may trickle down
to you and me. Clearly it’s been supportive of stock prices but where is that
in the Fed’s twin mandate (protect the purchasing power of the dollar and full
employment)? If the mega-banks just hold the money to bolster their balance
sheets then the grade is an “F”. As most know, banks aren’t lending money for
mortgages or small businesses no matter how much liquidity the Fed dumps on them.
I used to have a math teacher who wouldn’t give a grade less than 40. If it was
less than 40 he’d circle it. You wouldn’t want a “circle 40” but this is how
you’d score the Fed’s twin mandate results.Investment
Tip: Don’t fight the Fed central banks.Volume on this QE
addicted Friday was once again ultra-light cementing few investors in the game
beyond those described above. Breadth per the WSJ was positive…’
*[ ECB INTERVENTION COMMENT DU JOUR:
"CLASSIC BANANA REPUBLIC BANKING" Submitted by Tyler Durden on 09/06/2012 http://albertpeia.com/classicbananarepublicbanking.htm . { It bears
repeating that never in history have the markets become so disconnected from
fundamental finance, valuation, an reality and so completely and utterly
fraudulent. I believe that computerization facilitating multiple frauds at
lightning speed, over and over again and again along with re-hypothecation of
already worthless paper at similar speeds is in part the reason for the
prevalence of such fraud along with the breakdown of american among other
societies into what yesteryear would have been scorned as ‘banana republics’ without any
meaningful rules of law whatsoever and pervasive, almost blatant, corruption at
every level. (This is not to blame
computers for the bad use they’re put to.) Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite
some time now and is quite a pathetic scenario! } Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog | Just
different bananas perhaps? [ Of course this is absolutely true! And not just
from the meaningfully lawless perspective – I had made such a statement on the record in a LA
Superior Court Appellate Dept. proceeding in which said court literally ignored
the law (the same is true of the costly, plushly accoutered lifetime appointee
federal courts) which corrupt courts should indeed be abolished in these
difficult economic / budgetary times. Additionally, from pervasive corruption,
to debased over-printed currency, to gunboat diplomacy, to total incompetence,
etc., america is indeed a banana republic at most.] Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience for quite
some time now and is quite a pathetic scenario! } Legal
precedent means nothing. Rule of law means nothing. Free speech means
nothing. Their own treaties mean nothing. It’s unbelievable. Anyone in the west who honestly
thinks he’s still living in a free society is either a
fool or completely out of touch. If that seems too radical an idea, consider
that ECUADOR is now the only nation which stands to defend freedom and
human rights against an assault from the United States, the United
Kingdom, and their spineless allies. The west has just become a giant
banana republic. Have you hit your breaking point yet? If not now… when? { { I’m really constrained to interject my own direct
experience with the FBI here; and, I must say I do so lamentably. If you want
no real results vis-à-vis organized crime which now extends to the upper
reaches, highest levels of the corrupt u.s. government, go to the FBI. I
discounted the new jersey FBI as just typical corrupt, mob infested jersey
which thinks in terms of discos/casinos. But, truth be told, they never ask the
‘tough’ questions
of the biggest criminals; ie., the biggest wall street frauds, cia connected
illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff,
alito, etc.; but, they did go after Martha Stewart in a very big way over a
$45,000 transaction. Wow! You can’t make this stuff up. I also don’t believe
their (understated) crime stats for even a second. I’m beginning
to feel foolish for having even put my full faith and trust in them, much less
the ‘federal
(judicial) system’ who share the ‘same employer’; and, despite my antipathy for the mob, probably
would have fared ‘more fairly’ with the mobsters directly who seem to have at least
some sense of the magnitude of the fraud involved and the pervasive corruption
of the system and government and maybe a semblance of honor in this nation of
protracted decline. It never would have occurred to me back when for me, such a
choice/decision was clear-cut and simple. Such a course as mine I no longer
could recommend inasmuch as there is little difference between state/government
sponsored crime/corruption and that perpetrated by other criminal elements,
from my direct experience with both, infra:
Debauchery: An American
specialty In the land of Lindsay Lohan and Snooki, some
federal workers reflect our culture all too well. (Washington Post) [ Lindsay
Lohan? Come on Mr. Milbank, hands off the low hanging fruit. She’s totally
harmless. Jersey ‘italian’ snooki? In mob infested new jersey, who knows (one
of the properties in my proceedings for which surplus funds are unaccounted for
was a 2 bedroom 1 and 1/2 bath condominium in seaside heights, n.j.). But
debauchery an american specialty? Another rare instance wherein I agree with
Mr. Milbank completely. 25 Signs That America Is A
Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm
. Review of flawed forensics
held close to vest EXCLUSIVE | Documents and interviews show
FBI and Justice Department officials took steps to control information
uncovered by a task force designed to examine cases involving discredited
agents. Many defendants were never notified of flaws in cases. ‘Simply unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting
word from the FBI as to resolution, one way or the other, concerning the RICO
matters which have been systematically and corruptly covered up by the
government (executive, legislative, and judicial branches of the pervasively
corrupt, defacto bankrupt u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct
involvement in the illegal drug trade). In this civil RICO matter, there are no
innocent bystanders; but rather, perpetrators, accomplices, and
co-conspirators. When the fbi agent initially assigned to this matter
(Connecticut) abruptly resigned/retired shortly after a conversation, though
not central to my case, wherein I had said that rudy giuliani’s father
had been an (convicted) enforcer for the mob (served 12 years? in prison,
aggravated assault/manslaughter?) and then sent him documentation owing to his
disbelief. Though ultimately ineffectual vis-à-vis my case, he was a likeable
guy for whom I had and still have regard. I then spoke with FBI Agent Jeff
Rasey upon the aforesaid agent’s departure who somewhat plaintively (‘my call
being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he
didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to
the disco that night’ (the documents including sworn statements delivered
to then u.s. attorney sam alito’s office in the same building disappeared twice along
with the initial assistant u.s. attorney Jonathan Lacey with whom I had
reviewed the documentary evidence, documents and their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf .
We all can infer sam alito’s reward / quid pro quo for his cover-up by his
current position on the u.s. supreme court. There was never a
question as to maryanne trump barry’s interest in corrupting the judicial process as
related to her brother’s (trump) casinos. Jersey city boy louis freeh,
labeled by former Prosecutor Larry Klaiman as the most corrupt FBI director
ever (see infra, mueller seems no different, and certainly holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with whom
I reviewed the RICO documents and confirmed same as indicative of (drug) money
laundering was transferred shortly after meeting with him, as has been so of
FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI office (they printed the
documents thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los
Angeles (see infra). So, as regards FBI flaws, coverup, etc., I have to believe
it based on my own experience and reasonable inference. I’m currently
being ‘stonewalled’ by the LA
FBI office since the departure of FBI Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
Jul 31, 2000 – Judicial Watch is a public-interest law firm that fights
corruption in government. To read Larry Klayman's letter to Louis
Freeh, ...
... security," said JW Chairman Larry Klayman. "His
behavior stands in stark contrast to Louis Freeh, a man so corrupt
he destroyed the office he led, ...
“Louis Freeh will
finally have to answer in court for what he did to our clients. ... answers,”
stated Judicial Watch Chairman and General Counsel Larry Klayman. ...
Klayman, Larry, Chairman, Judicial Watch ... My name is Larry
Klayman. ... interest group that investigates and prosecutes government corruption
and abuse. ...... They seized his computer – these are FBI agents at the
direction of Louis Freeh, ...
May 3, 2001 – Because of his corrupt behavior, Freeh
was placed on Judicial Watch's ... stated Judicial Watch Chairman and General
Counsel Larry Klayman. ...
May 27, 2000 – By Larry Klayman ... While Judicial Watch has
asked FBI Director Louis Freeh to .... lawsuits against a corrupt
and unrepentant Clinton-Gore ...
The following is my comment to an LA Times article regarding a Justice
Department cover-up! As for your inquiry, all I think about day and night is a
long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit cover-up / fraud on the part
of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez, Assistant Director In
Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within DVD rom
autorun disk (which will open in your computer’s browser) as per your office’s request
as made this day (the disk and contents have been scanned by Avast, McAfee, and
Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The
(civil) RICO action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of perjury I
was asked to forward to the FBI office in New Haven is probably the best and
most concise summary of the case RICO Summary to FBI Under Penalty of
Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the Congresswoman
by way of email attachment (apparent but typical problem with my mail) along
with my response thereto is included on the 3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to
the LA office and I was referred to the Long Beach, CA office where I
personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary
documents of the money laundering which he confirmed as indicative of same (he
was transferred from said office within approximately a month of said meeting
and his location was not disclosed to me upon inquiry). The matter was assigned
to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew
Maloney’s the one that prosecuted gotti).
In contradistinction to the statement in said
correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
·
A judgment
had been entered in my favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of
$300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
·
Counsel
Robert Sullivan on my behalf documented by way of certification upon investigation
that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false
statement he predicated a retaliatory and spurious contempt proceeding against
me causing substantial damage, and for which he sought Judicial Notice of those
and related proceedings as did I in some of my filings.
·
The Order of
Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s
failure to file anything whatsoever by the court’s deadline causing creditors
and me substantial damages: [ Shiff Order of Dismissal With
Prejudice on Coan’s Failure to File
Page 1
Page 2
]
·
Defendant
Coan had filed an action against me to prevent me from suing him which
necessitated me to fly to Connecticut for a hearing before The Honorable Robert
N. Chatigny, Chief Judge, USDC, District of Connecticut, who denied Coan’s
requested relief as to Coan but precluded my action against Shiff (although
there is no immunity, judicial or otherwise, for criminal acts, ie., fraud
connected with a case under Title 11, USC, etc.) . [ transcript in
pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf ]
·
Newly
appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the
RICO case despite the conflict of interest in light of hundreds of thousands of
dollars of illegal (drug) money being laundered through the Trump casinos by
the RICO defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally
refused to join or file a separate motion to recuse and not long thereafter
left said office for private practice at Cole, Shotz, et als on retainer with
the RICO defendants as his primary client.
·
Probative and
evidentiary documents, affidavits, exhibits, including those turned over to FBI
Agent Jeff Hayes in Long Beach, CA, had been given to Assistant U.S. Attorney
Jonathan Lacey with whom I met personally at the U.S. Attorney’s Office in Newark,
N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with the
office, that the file/documents could not be located, and that there was no
further information available concerning contacting him or his location. I
thereupon delivered by hand, copies of said documents to the office of then
U.S. Attorney Alito, addressed to him, with assurance they would go directly to
him. In addition to being inept [ I looked in on the one mob case he had
brought, bungled, lost (accidently on purpose?) since I was suing some
mob-connected under RICO and the court (I had known / previously met outside of
court the judge Ackerman through a client) was absolute bedlam and a total joke
since incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had beds/cots
in the courtroom along with their moans during testimony and had the jury in
stitches. As much as I hate the mob, it truly was funny, if not so tragic.],
Alito is also corrupt (and maybe corrupt because he is inept).
After a reasonable (but still rather short) time I called to determine the
status and was told that Alito was no longer with the Office of the U.S.
Attorney, that he was (appointed) a federal judge, and that neither the
documents nor any file or record of same could be located. Alito did parley the
same / cover-up into quid pro quo direct lifetime appointment to the Court of
Appeals, 3rd circuit, despite the absence of judicial experience or
successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is the
same Sam Alito that now sits on the purported highest court in the land. The
real application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety
coverage and neither LA, nor creditors, nor I should continue to have been
damaged by this brazened corrupt and illegal scenario, which should be resolved
in accordance with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with the
line, computer connection may be the reason but I hesitate to chance greater
non-performance / worsening by their ‘fix’ so cell phone best for contact).{recent change
323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but
delivery confirmation was flawed as set forth below and my inquiries to the
u.s. postal service rebuffed (I believe tampered with inasmuch as your office
could not locate same). This cover letter (9-13-10) is on the 3 disks with
navigable hyperlinks to the subject files for ease of reference, including the
files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC
Secretary, who indicates once again that your office has not received the
aforesaid and which can reasonably be presumed to have been tampered with, and
hence, a violation of the federal statute concerning same. (Ultimately
delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr. Peia:
Thank you for being in touch. As we continue
the busy first session of the 112th Congress, I want you to know
that I am grateful for the various times you have shared your thoughts and
concerns with me on different issues. Please be assured that your voice
is being heard and that your perspective helps me to better represent you in
Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription for
‘economic doldrums’, euphemistically speaking (there are articles/studies/data
that dispute the purported effectiveness of the widely hailed ‘Keynesian
remedy’ during the prior great depression), the ‘Keynesian way’ is certainly no
longer a prudent approach today in light of the insurmountable debt levels of
nations worldwide and in america particularly along with the concomitant
over-printed, debased ‘paper currencies’ to finance same. Quite simply, there
simply is not enough real value being created for redistribution, a situation
exacerbated by the parasitic lightening fast, computerized churn and earn high
frequency trading programs on fraudulent wall street (they should be
prosecuted, jailed, fined, and disgorgement imposed for extant frauds in the
trillions now marked to anything as per misguided legislated FASB rule change).
[ America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government
is utterly broke …The government’s total indebtedness is $211 trillion’. 43,454,601,693,238 Reasons Why
The World Is Broke – Presenting The Interactive Global Debt Clock Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ] .This is the consequence of a structural
shift fed by greed and misguided policy and cannot be undone (transfer of
productive capacity to ie., China, etc., ‘the bell cannot be unrung’). That
said which militates against such an extension, this is an election year which
probabilities suggest makes highly likely the passage of the extension. I favor
your co-sponsored legislation and before the holidays simply in the name and
spirit of Christmas and for no other reason whatsoever. Below is a recent
comment to Opinion Writer Krauthammer’s ‘more war spending (Keynesian)
position’ and an article regarding the folly of same. Immediately following is
from my prior post to you concerning something of such manageable proportion
and well within the government’s ability to resolve (if the government can’t
accomplish this consistent with law and long overdue, then there isn’t anything
the government can accomplish), along with other comments to you for ease of
reference:
‘…As previously noted in a prior message to you, I had previously
spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the
FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to
be out of the office for the two weeks past. I’ll be contacting him given a
reasonable time for him to ‘catch up’, from being out of the office. While
independent contractor richard coan is ultimately the one to bear the burden of
damages (there’s insurance and a surety covering same), coan might allude to
the prior default of the u.s. government (assist. u.s. atty. robert i. lester
miscounted / miscalculated the time for filing an answer / response to the
complaint upon service thereof, also misstating the rule in open court before
corrupt judge matz who ‘schmoozed’ things over (they both have the same
employer), however incorrectly according to the ‘law’. I ordered / bought a
copy of the transcript of that rather pathetic proceeding (posted in part on my
website). In any event, regardless who pays me, the amounts so paid would
ultimately be recovered from coan, his insurer/surety which amounts might even
exceed the amount I’m willing to settle at. [There is also a judgment
(referenced in the correspondence to FBI ADIC Martinez infra) that had been
entered in my favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of
$300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and
then, of course as well, the substantial damages. ] I’ve waited far too long
for this matter to resolve, what should have been resolved in accordance with
clear law long ago; and, which would have been resolved if not for typical u.s.
corruption in the process; and, which is well within the government’s ability
to resolve. In my world and way of thinking, results do count! I’ve included
prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal drug trade.
In fact, many researchers reveal that the war on drugs is only utilized
to control and monopolize the illicit drug trade. The US government
has been caught multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now
openly protects and transports opium from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In fact, Global Research points out that in 2001, “according to
UN figures, opium production had fallen to 185 tons. Immediately following the
October 2001 US led invasion, production increased dramatically, regaining its
historical levels.” This month, the U.N. announced that Afghanistan now
provides 93% of the
world’s opium production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website
archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF
Louis | The hypocrisy of the war on drugs is centers on the
amount of drug trafficking that benefits the CIA and international banking
system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
----------
September 5, 2012 http://albertpeia.com/nextroundeuimplosionnow.htm
http://albertpeia.com/outrageoushospitalbills.htm
http://albertpeia.com/beprepared.htm
http://albertpeia.com/wobamadeals.htm
http://albertpeia.com/18indicationseuropesuckinglifeofglobaleconomy.htm
September
4, 2012 http://gainspainscapital.com http://albertpeia.com/3chartstowatchwhatscoming.htm
http://albertpeia.com/oecofailureandlowpayjobs.htm
Dave’s Daily: http://www.etfdigest.com
BERNANKE SHOWS UP, STOCKS
RALLY 8-31-12 { Absolutely amazing that
something that’s failed so miserably for all but the frauds on wall
street, the price for which will be paid by others now and in futuro could be
an accepted/anticipated/cheered strategy- How totally pathetic! How about real
valuations based upon real finance, economics as opposed to the fraudulent wall
street feel good from inflationary dollar debasement at everybody else’s expense!
}
http://theeconomiccollapseblog.com
http://albertpeia.com/proscons50states.htm
{ You really can’t dismiss this brief/simplistic survey out of hand;
after all, he gets the the following almost right (jersey should be ranked
below all; ie., ‘F-‘ !) New Jersey: Pros: anyone got something? Cons:
high population density, Camden, Newark, not enough jobs, multiple nuclear
power plants,Atlantic City, crime, gang violence Overall Rating: D- /
California: Pros: Disneyland, warm weather, Malibu Cons: high taxes, Jerry Brown, earthquakes,
mudslides, wildfires, gang violence, crime, traffic, rampant poverty, insane
politicians, ridiculous regulations, bad schools, political correctness,
illegal immigration, not enough jobs, air pollution, multiple nuclear power
plants, possible tsunami threat along the coast, Los Angeles, San Francisco,
Oakland, Stockton, Sacramento, huge drug problem, high population density, the
state government is broke, many more reasons to leave California right here
http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm http://albertpeia.com/hopelesscluelesscalifornia.htm Overall Rating: F } ‘If you could live in any state in America, where
would you go? During troubled times like these, what is the best place in
the United States to live? A lot of people are asking these kinds of
questions these days. Our economy is on the verge of collapse, natural
disasters are becoming more frequent and more intense, the U.S. population is
becoming angrier and more frustrated by the day, our government has become
incredibly oppressive and controlling, war could break out at any time and
evidence that society is breaking down is all
around us. As our world becomes increasingly unstable, many
families are considering moving somewhere else. But what areas are best
and what areas should be avoided? Is there really a "best place to
live" in America? Well, the truth is that each family is facing a
different set of circumstances. If you have a great support system where
you live, it can be really tough to pick up and move 3000 miles away from that
support system. If you have a great job where you live now, it can be
really tough to move some place where there may be no job at all for you.
But without a doubt there are some areas of the country that will be far better
off than others in the event of a major economic collapse. This article
will take a look at each of the 50 U.S. states and will list some of the pros
and cons for moving to each one.
Not all of
the factors listed below will be important to you, and a few have even been
thrown in for humor. But if you are thinking of moving in the near future
hopefully this list will give you some food for thought.
A few years
ago when my wife and I were living near Washington D.C. we knew that we wanted
a change and we went through this kind of a process. We literally
evaluated areas from coast to coast. In the end, we found a place that is
absolutely perfect for us. But different things are important to different
people.
And if I
gave your particular state a low rating, please don't think that I am trashing
the entire state or all of the people who live there.
For
example, there are some absolutely wonderful people that live in the state of
California, and there are some areas of California that I would not mind
visiting at all. But for the times that are coming I am convinced that it
is going to be a really bad place to live.
Not that I
have all the answers either. Hopefully this article can get some debates
started, and hopefully those debates will help people that are thinking of
moving to another state to be more informed.
The
following are some pros and cons for all 50 states....
Alabama
Pros: warm
weather, southern hospitality, relatively low population density
Cons:
hurricanes, tornadoes, crime, not enough jobs, multiple nuclear power plants,
rampant poverty
Overall
Rating: C+
Alaska
Pros: great
fishing, lots of empty space, low population density, great for rugged
individualists
Cons: very
high cost of living, earthquakes, volcanoes, extremely cold, short growing
season, too much snow, potentially cut off from supplies from the lower 48
states during an emergency situation
Overall
Rating: B
Arizona
Pros: warm
weather
Cons:
illegal immigration, wildfires, return of dust bowl conditions, not enough
jobs, not enough rain, multiple nuclear power plants, crime, gang violence,
Phoenix
Overall
Rating: D+
Arkansas
Pros:
southern hospitality, warm weather, Ozark National Forest
Cons:
tornadoes, Clintons, New Madrid fault zone, multiple nuclear power plants,
crime, rampant poverty
Overall
Rating: C
California
Pros:
Disneyland, warm weather, Malibu
Cons: high
taxes, Jerry Brown, earthquakes, mudslides, wildfires, gang violence, crime,
traffic, rampant poverty, insane politicians, ridiculous regulations, bad
schools, political correctness, illegal immigration, not enough jobs, air
pollution, multiple nuclear power plants, possible tsunami threat along the
coast, Los Angeles, San Francisco, Oakland, Stockton, Sacramento, huge drug
problem, high population density, the state government is broke, many more
reasons to leave California right here
Overall
Rating: F
Colorado
Pros: Rocky
Mountains, Colorado Springs
Cons:
wildfires, illegal immigration, short growing season, not enough rain, too much
snow, huge drug problem
Overall
Rating: B
Connecticut
Pros:
beautiful homes
Cons: high
taxes, insane politicians, ridiculous regulations, political correctness, short
growing season, multiple nuclear power plants, high population density
Overall
Rating: C-
Delaware
Pros: good
fishing
Cons: Joe
Biden, political correctness, ridiculous regulations, insane politicians,
crime, high population density
Overall
Rating: D
Florida
Pros:
University of Florida Gators, oranges, low taxes, southern hospitality,
Disneyworld, Gainesville, warm weather, beautiful beaches, Daytona
Cons:
hurricanes, most of the state is barely above sea level, high population
density, not enough jobs, multiple nuclear power plants, crime, gang violence,
illegal immigration
Overall
Rating: C
Georgia
Pros:
peaches, southern hospitality, warm weather
Cons: not
enough jobs, multiple nuclear power plants, crime, gang violence, flesh eating
disease, Atlanta
Overall
Rating: B-
Hawaii
Pros:
awesome beaches, warm weather, great vacation destination
Cons:
vulnerable to tsunamis, very high cost of living, volcanoes, traffic, high
population density, high taxes
Overall
Rating: C-
Idaho
Pros:
awesome people live there, great potatoes, low population density, high
concentration of liberty-minded individuals, low crime, Sandpoint, Coeur
d'Alene, north Idaho has plenty of water compared to the rest of the interior
West, beautiful scenery
Cons: cold
in the winter, wildfires, short growing season, not enough jobs
Overall
Rating: A
Illinois
Pros: once
you get away from Chicago things are not quite so bad
Cons:
Barack Obama, drought, New Madrid fault zone, high population density,
political correctness, ridiculous regulations, insane politicians, crime, gang
violence, Chicago, East St. Louis, not enough jobs, multiple nuclear power
plants, mob robberies, the state government is drowning in debt
Overall
Rating: D-
Indiana
Pros: it is
in better shape than Illinois, good farming, high Amish population
Cons:
drought, tornadoes, the
city of Gary, relatively high population density, near the New Madrid
fault zone, a "rust belt" state
Overall
Rating: C-
Iowa
Pros: low
population density, low crime, good farming
Cons:
drought, tornadoes, cold in the winter, multiple nuclear power plants, too much
snow, very flat
Overall
Rating: B-
Kansas
Pros: low
population density, low crime, good farming
Cons:
drought, tornadoes, return of dust bowl conditions, very flat
Overall
Rating: B
Kentucky
Pros:
southern hospitality, great horses, Lexington
Cons: New
Madrid fault zone, not enough jobs, rampant poverty, Louisville
Overall
Rating: C
Louisiana
Pros:
southern hospitality, warm weather
Cons: hurricanes,
New Orleans, not enough jobs, tornadoes, multiple nuclear power plants, oil
spills, crime, gang violence, rampant poverty
Overall
Rating: D
Maine
Pros: low
population density, low crime, polite people
Cons:
extremely cold, short growing season, political correctness, ridiculous
regulations, insane politicians, too much snow
Overall
Rating: B-
Maryland
Pros: the
Washington Redskins play there
Cons:
Baltimore, borders Washington D.C., high population density, really bad
traffic, political correctness, ridiculous regulations, insane politicians,
multiple nuclear power plants, crime, gang violence
Overall
Rating: C-
Massachusetts
Pros:
beautiful homes
Cons: high
taxes, political correctness, ridiculous regulations, insane politicians, high
population density, short growing season, almost everything is illegal in
Massachusetts
Overall
Rating: D+
Michigan
Pros: once
you get away from Detroit and Flint things get better
Cons: Detroit,
Flint, Dearborn, extremely cold, short growing season, political correctness,
ridiculous regulations, insane politicians, not enough jobs, multiple nuclear power
plants, too much snow, a "rust belt" state
Overall
Rating: D-
Minnesota
Pros: land
of 10,000 lakes
Cons:
extremely cold, short growing season, multiple nuclear power plants, too much
snow, high taxes
Overall
Rating: C
Mississippi
Pros:
southern hospitality, relatively low population density, warm weather
Cons:
hurricanes, tornadoes, not enough jobs, rampant poverty, crime
Overall
Rating: C+
Missouri
Pros: good
farming, Branson
Cons:
drought, tornadoes, New Madrid fault zone, not enough jobs, crime
Overall
Rating: C
Montana
Pros: low
population density, low taxes, high concentration of liberty-minded
individuals, Missoula, Kalispell
Cons:
extremely cold in the winter, wildfires, short growing season, not enough rain,
near Yellowstone super volcano, rampant poverty, too much snow
Overall
Rating: B+
Nebraska
Pros: low
population density, good farming
Cons:
tornadoes, drought, multiple nuclear power plants, cold in the winter, very
flat
Overall
Rating: B
Nevada
Pros: low
population density, lots of empty space, low taxes, warm weather
Cons: Harry
Reid, Las
Vegas, Reno,
not enough water, not enough rain, wildfires, hard to grow food, not enough
jobs, crime, gang violence, huge drug problem, Yucca Mountain
Overall
Rating: D+
New Hampshire
Pros: low
crime, beautiful homes
Cons:
extremely cold, short growing season, political correctness, ridiculous
regulations, insane politicians, too much snow
Overall
Rating: C
New Jersey
Pros:
anyone got something?
Cons: high
population density, Camden, Newark, not enough jobs, multiple nuclear power
plants, Atlantic City, crime, gang violence
Overall
Rating: D-
New Mexico
Pros: low
population density, warm weather
Cons:
illegal immigration, wildfires, return of dust bowl conditions, not enough
jobs, not enough rain, crime, gang violence, huge drug problem
Overall
Rating: C-
New York
Pros: the
entire state is not like New York City
Cons: New
York City, Mayor Bloomberg, high taxes, cold in the winter, high population
density, political correctness, ridiculous regulations, insane politicians, not
enough jobs, multiple nuclear power plants, the "too
big to fail" banks
Overall
Rating: D
North Carolina
Pros:
southern hospitality, warm weather, Great Smoky Mountains National Park
Cons: hurricanes,
not enough jobs, multiple nuclear power plants
Overall
Rating: B
North Dakota
Pros: low
crime, lots of oil-related jobs, low population density
Cons:
extremely cold, short growing season, too much snow
Overall
Rating: B
Ohio
Pros: the
Cincinnati Reds, the Pro Football Hall of Fame, high Amish population
Cons: not
enough jobs, cold in the winter, multiple nuclear power plants, high population
density, Toledo,
Cleveland, a "rust belt" state
Overall
Rating: C
Oklahoma
Pros: warm
weather, good farming
Cons:
drought, tornadoes, wildfires, return of dust bowl conditions, not enough
rain, crime, Oklahoma City, rampant poverty
Overall
Rating: C
Oregon
Pros:
tremendous natural beauty
Cons: high
taxes, Portland, political correctness, ridiculous regulations, insane
politicians, not enough jobs, huge drug problem, possible tsunami threat along
the coast
Overall
Rating: C-
Pennsylvania
Pros: high
Amish population
Cons: high
population density, Pennsylvania, Pittsburgh, not enough jobs, multiple nuclear
power plants, a "rust belt" state
Overall
Rating: C
Rhode Island
Pros: so small
that most people don't notice their problems
Cons: the
state is flat broke, short growing season, political
correctness, ridiculous regulations, insane politicians, not enough jobs, high
population density
Overall
Rating: D+
South Carolina
Pros:
southern hospitality, warm weather, Myrtle Beach
Cons:
hurricanes, not enough jobs, multiple nuclear power plants, crime, gang
violence, rampant poverty
Overall
Rating: B
South Dakota
Pros: low
population density, fun tourist traps, the Badlands, Mount Rushmore
Cons:
extremely cold, short growing season, very flat, too much snow
Overall
Rating: B
Tennessee
Pros:
Nashville, Michael W. Smith, southern hospitality, warm weather, Gatlinburg
Cons:
Memphis, New Madrid fault zone, multiple nuclear power plants, crime, gang
violence, rampant poverty
Overall
Rating: B-
Texas
Pros: low
taxes, warm weather, Austin
Cons:
drought, illegal immigration, tornadoes, wildfires, West Nile Virus, the Dallas
Cowboys, return of dust bowl conditions, speed traps, not
enough rain, multiple nuclear power plants, George W. Bush, crime
Overall
Rating: B-
Utah
Pros:
beautiful mountains, low crime, low population density
Cons: cold
in the winter, wildfires, Salt Lake City, short growing season, not enough
rain, illegal to collect rain
Overall
Rating: B-
Vermont
Pros: low
crime, beautiful homes
Cons: cold
in the winter, insane politicians, ridiculous regulations, short growing
season, political correctness, not enough jobs, too much snow
Overall
Rating: C
Virginia
Pros: the
University of Virginia, southern hospitality, Charlottesville
Cons:
borders Washington D.C., high population density,
multiple nuclear power plants, Richmond, really bad traffic in northern Virginia
Overall
Rating: B-
Washington
Pros: the
eastern half of the state is quite nice and much different from the coast
Cons: way
too much rain along the coast, volcanoes, wildfires, insane politicians,
ridiculous regulations, political correctness, not enough jobs, possible
tsunami threat along the coast, Seattle
Overall
Rating: C
West Virginia
Pros:
beautiful mountains
Cons: not
enough jobs, rampant poverty
Overall
Rating: B
Wisconsin
Pros:
cheese, the Green Bay Packers
Cons:
extremely cold, short growing season, multiple nuclear power plants, too much
snow,
Overall
Rating: B-
Wyoming
Pros: low
population density, lots of empty space, low taxes
Cons:
extremely cold, too windy, too flat, wildfires, short growing season, not
enough rain, Yellowstone super volcano
Overall
Rating: B-
What do you
think of these rankings?
What do you
think is the best place to live in America?
Do you have
any additional pros and cons that should be added to this list?
Please feel
free to post a comment with your thoughts below....’
Dave’s Daily: http://www.etfdigest.com
‘QE
QUESTIONS { To QE or not to QE, that is
the question…whether it is nobler in the mind to suffer the slings
and arrows of outrageous destruction of fortunes … ah, yes … good
choice Dave … I know those soliloquies by heart…and now, a
little Lewis Carroll with a mad hatter none other than
helicopter-ben-shalom-bernanke … }
Drudgereport: Gasoline To Hit Labor Day
Record Price... { Predominantly the consequence of failed QE for the
benefit of fraudulent wall street only and wobama’s (failed) re-election
scam! }
http://albertpeia.com/stockmarketcrashcoming.htm
{ Short answer, YES! If there’s still any
rationality left in these stock markets! }
http://albertpeia.com/americansgettingpoorer.htm
http://albertpeia.com/forsakenforgotten.htm
http://albertpeia.com/incometaxforwar.jpg
http://albertpeia.com/usfoodcrisis.htm
http://albertpeia.com/centralbankswallstreetinsidersprepforsomethingbig.htm
http://albertpeia.com/mississippidryingup.htm
The American Dream | The future of war is going to
look really, really weird. http://endoftheamericandream.com
http://albertpeia.com/moredarpafollies.htm
{ I must say, regardless of
the fact of time constraints (you know, that ‘end thing’) that makes all
irrelevant, they can’t even control, properly manage what they have. I think
Mike’s been watching too much sci-fi, not that darpa doesn’t appreciate his
misplaced vote of confidence! Mike also
seems to forget that obama’s a proven failure who should and will be ridden out
of office on a rail. Quite simply, I believe mike’s lost his edge! }
August 12,
2012 By gpc1981
http://albertpeia.com/eurocollapse.htm
Are The Government And The Big
Banks Quietly Preparing For An Imminent Financial Collapse?
The Economic Collapse | Something
really strange appears to be happening. All over the globe, governments and big
banks are acting as if they are anticipating an imminent financial
collapse. http://albertpeia.com/imminentfinancialcollapse.htm
http://albertpeia.com/desperateforapaycheck.htm
August 14,
2012 By gpc1981
http://albertpeia.com/stopfoolingyourselftheyhavenosolution.htm
August 9,
2012 By gpc1981
http://albertpeia.com/marketsshortsqueezeeurophorialunacy.htm
http://albertpeia.com/preparingforcollapseofeconomy.htm
http://albertpeia.com/eumathinsolvency.htm
Why Europe Matters… And How
Spain Could Wipe Out Your 401(k) Posted by
: Phoenix Capital... Post date: 08/06/2012 – http://albertpeia.com/eumatterswipeoutyour401k.htm In simple terms Europe is a HUGE deal
for everyone. We’re not talking about some distant region far off in the
distance that we will watch go down from our decks. We’re talking...
http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
{ Think about this! By wobama’s own
criteria in his last total b***s*** campaign, he should be stepping down;
having failed on all counts and then some. He also promised to cut the nation’s
deficit in half by the end of his term; yet, he has increased the nation’s
deficit by a record amount greater than all the presidents since Eisenhower
COMBINED ($5 trillion). He has done this to help cover up his unequivocal
failure by any standard by which you measure a presidency, including his own.
People in america must show the Washingtonians they are not doormats! They must
stand up and let these politicos know that results count; particularly promised
results. Absent positive results as with unmitigated failure, choom-gang-banger
wobama, they get the boot. President Romney deserves the 4 years he’ll have to
turn this disaster called america around. If President Romney doesn’t cut the
mustard in 4 years as promised, then he will be out. Results Count! I believe
that people in the final analysis will choose self-respect; that is, choose NOT
to be wobama’s doormat. Despite and contrary to wobama’s
spin/propagandameisters’ desperate spin/outright falsity which addresses
anything but wobama’s clear record of failure, President Romney is smart
enough, flexible enough, and with a record of concrete results behind him as
compared to wobama choom fantasy/b***s***, President Romney will be a hands-on
President to the entire nation in the most positive sense. As such, I believe
people will choose self-respect, reality, real results which will make
President Romney’s election a substantial margin blowout victory!
Friday Humor: "I Am
Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In
Office" ZeroHedge.com
Tyler Durden { Wobama the b for b***s*** speaks … on the
prior pre-election campaign trail ( 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 ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke. There are signs everywhere
one looks…The government’s total indebtedness is $211 trillion’ … ) Obama's Five Trillion Dollar
Lie http://albertpeia.com/obamas5trilliondollarlie.htm
http://albertpeia.com/deadcropsdroughtwildfiresnewusnormal.htm
Obama Is Using The Curiosity
Landing To Push Government Spending
Business
Insider | President Barack Obama congratulated NASA on its
successful mission to send a robotic rover to Mars tonight, calling the landing
of the Curiosity an “unprecedented feat of technology.” {
Riiiiight! ….. Geeeh! And
here, I already thought they’ve already done that … and, it’s so helped america’s fiscal and economic position in the solar
system! } { MISSIONS TO
MARS TIMELINE: 1992 to 2004
September 25, 1992 - Mars
Observer launched. Spacecraft designed to map the martian surface from orbit with
a large, sophisticated science payload.
August, 1993 - contact lost with
Mars Observer.
1995 - NASA selects Mars Polar
Lander for 1999 launch.
1996 - Athena Mars Rover mission
proposed (unsuccessfully) to NASA Discovery Program for launch in 2002.
November 7, 1996 - Mars Global
Surveyor launched.
November 16, 1996 - Russian Mars
'96 orbiter/landers launched.
November 17, 1996 - Mars '96
fails to achieve insertion into Mars cruise trajectory and re-enters the
Earth's atmosphere.
December 4, 1996 - Mars
Pathfinder launched.
July 4, 1997 - Mars Pathfinder
lands on Mars and begins a successful mission.
September 11, 1997 - Mars Global
Surveyor arrives at Mars and begins a successful mission that continues today.
September 27, 1997 - last
successful data transmission from Mars Pathfinder
November, 1997 - Athena Mars
Rover Payload selected for launch in 2001.
Spring, 1998 - NASA and JPL
announce that due to engineering problems and funding shortages in the Mars
program, launch of the Athena Mars Rover Payload will be delayed until 2003,
with landing in 2004. Instead, NASA will send a stationary lander (similar to
the Mars Polar Lander) to Mars in 2001. Four Athena instruments would be flown
on this lander as a precursor to the full Athena investigation in 2003.
July 3, 1998 - Nozomi, Japanese
Mars orbiter launched.
December 11, 1998 - Mars Climate
Orbiter launched.
December 21, 1998 - course
correction burns leave Nozomi with less fuel than expected. The orbiter is to
remain in heliocentric orbit for five years.
January 3, 1999 - Mars Polar
Lander launched.
September, 1999 - Mars Climate
Orbiter spacecraft fails to achieve orbit due to a navigation error.
December 3, 1999 - Mars Polar
Lander fails, apparently due to a software error.
May, 2000 - Mars 2001 Lander
mission, which would have used a lander similar to Mars Polar Lander, cancelled
by NASA. Mars program undergoes a major restructuring.
July, 2000 - NASA selects the
Mars Exploration Rover mission for flight in 2003. The mission will send a
large rover to Mars carrying the Athena Mars Rover Payload, and will use the
same landing system that was used successfully by Mars Pathfinder.
August, 2000 - NASA announces
that two identical rovers will be flown in 2003, each carrying identical copies
of the Athena payload.
April 7, 2001 - Mars Odyssey
orbiter launched; will aid in landing site selection for MER and relay data
from Athena instruments.
June 2, 2003 - The European
Space Agency's Mars Express Orbiter and Beagle 2 Lander launched from Baikonur,
Kazakhstan.
June 10, 2003 - The MER-A rover
called Spirit is launched from Cape Canaveral, Florida.
July 7, 2003 - The MER-B rover
called Opportunity is launched from Cape Canaveral, Florida.
December 9, 2003 - Nozomi
mission abandoned due to lack of fuel and a damaged electrical system.
December 26, 2003 - Mars Express
arrives at Mars.
January 3, 2004 - The Mars rover
Spirit lands.
January 25, 2004 - The Mars
rover Opportunity lands.
January, 2004-present - The
rovers Spirit and Opportunity operate on the martian surface. }
http://albertpeia.com/spainitalytoastnomatterwhat.htm
http://albertpeia.com/only24percentusjobsgood.htm
Kurt Nimmo
Infowars.com
July 31, 2012
{ I’m
really constrained to interject my own direct experience with the FBI here;
and, I must say I do so lamentably. If you want no real results vis-à-vis
organized crime which now extends to the upper reaches, highest levels of the
corrupt u.s. government, go to the FBI. I discounted the new jersey FBI as just
typical corrupt, mob infested jersey which thinks in terms of discos/casinos.
But, truth be told, they never ask the ‘tough’ questions of the biggest criminals; ie., the biggest
wall street frauds, cia connected illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff,
alito, etc.; but, they did go after Martha Stewart in a very big way over a
$45,000 transaction. Wow! You can’t make this stuff up. I also don’t believe their
(understated) crime stats for even a second. I’m beginning to feel
foolish for having even put my full faith and trust in them, much less the ‘federal (judicial) system’ who share the ‘same employer’; and, despite my
antipathy for the mob, probably would have fared ‘more fairly’ with the mobsters
directly who seem to have at least some sense of the magnitude of the fraud
involved and the pervasive corruption of the system and government and maybe a
semblance of honor in this nation of protracted decline. It never would have
occurred to me back when for me, such a choice/decision was clear-cut and
simple. Such a course as mine I no longer could recommend inasmuch as there is
little difference between state/government sponsored crime/corruption and that
perpetrated by other criminal elements, from my direct experience with both,
infra:
Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless. Jersey ‘italian’ snooki? In mob infested
new jersey, who knows (one of the properties in my proceedings for which
surplus funds are unaccounted for was a 2 bedroom 1 and 1/2 bath condominium in
seaside heights, n.j.). But debauchery an american specialty? Another rare
instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct involvement in
the illegal drug trade). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city boy louis freeh, labeled by former Prosecutor Larry Klayman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN,
LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a
public-interest law firm that fights corruption in government. To read
Larry Klayman's letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW
Chairman Larry Klayman. "His behavior stands in stark contrast to
Louis Freeh, a man so corrupt he destroyed the office he led,
...
www.freedomwriter.com/issue20/am15.htm
“Louis Freeh will finally have to answer in court for
what he did to our clients. ... answers,” stated Judicial Watch Chairman and General
Counsel Larry Klayman. ...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial
Watch ... My name is Larry Klayman. ... interest group that
investigates and prosecutes government corruption and abuse. ......
They seized his computer – these are FBI agents at the direction of Louis
Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt
behavior, Freeh was placed on Judicial Watch's ... stated Judicial
Watch Chairman and General Counsel Larry Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry Klayman
... While Judicial Watch has asked FBI Director Louis Freeh to ....
lawsuits against a corrupt and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH,
in his personal capacity; NEIL GALLAGHER, in his No. ... COUNSEL ARGUED: Larry
E. Klayman, JUDICIAL WATCH, INC., Washing- ton, D.C. ...
Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding ie., the u.s. government’s direct involvement in
the illegal drug trade, etc.). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who sarcastically
asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city by louis freeh, labeled by former Prosecutor Larry Klaiman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with whom
I reviewed the RICO documents and confirmed same as indicative of (drug) money
laundering was transferred shortly after meeting with him, as has been so of
FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit
cover-up / fraud on the part of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven
M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear
Sir:
I enclose
herewith 3 copies of the within DVD rom autorun disk (which will open in your
computer’s
browser) as per your office’s request as made this day (the disk and contents have
been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document
in 5 pages under penalty of perjury I was asked to forward to the FBI office in
New Haven is probably the best and most concise summary of the case RICO
Summary to FBI Under Penalty of Perjury at Their Request (5
pages) [ ricosummarytoFBIunderpenaltyofperjury.pdf
http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The
correspondence I received from the Congresswoman by way of email attachment
(apparent but typical problem with my mail) along with my response thereto is
included on the 3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to
the LA office and I was referred to the Long Beach, CA office where I
personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary
documents of the money laundering which he confirmed as indicative of same (he
was transferred from said office within approximately a month of said meeting
and his location was not disclosed to me upon inquiry). The matter was assigned
to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In
contradistinction to the statement in said correspondence, there is a plethora
of information including evidence supporting the claims set forth in
the RICO VERIFIED COMPLAINT
(see infra). Such includes and as set forth in the case, inter alia,
· A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which could be used for payment to creditors, Los Angeles, etc..
· Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
· The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever by the court’s deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
·
Defendant Coan had filed an action against me to
prevent me from suing him which necessitated me to fly to Connecticut for a
hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District of
Connecticut, who denied Coan’s requested relief as to Coan but precluded my
action against Shiff (although there is no immunity, judicial or otherwise, for
criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) .
[ transcript in pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf
]
· Newly appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.
·
Probative and evidentiary documents, affidavits, exhibits,
including those turned over to FBI Agent Jeff Hayes in Long Beach, CA, had been
given to Assistant U.S. Attorney Jonathan Lacey with whom I met personally at
the U.S. Attorney’s Office in Newark, N.J., at which time Samuel Alito was U.S.
Attorney, and went over said documents and their probative value with him.
Within approximately a month thereafter upon inquiry I was told that Jonathon
Lacey was no longer with the office, that the file/documents could not be
located, and that there was no further information available concerning
contacting him or his location. I thereupon delivered by hand, copies of said
documents to the office of then U.S. Attorney Alito, addressed to him, with
assurance they would go directly to him. In addition to being inept [ I looked
in on the one mob case he had brought, bungled, lost (accidently on purpose?)
since I was suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt Alito brought in all
20 mob defendants (rather than prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom along with their moans during
testimony and had the jury in stitches. As much as I hate the mob, it truly was
funny, if not so tragic.], Alito is also corrupt (and maybe corrupt
because he is inept). After a reasonable (but still rather short) time I called
to determine the status and was told that Alito was no longer with the Office
of the U.S. Attorney, that he was (appointed) a federal judge, and that neither
the documents nor any file or record of same could be located. Alito did parley
the same / cover-up into quid pro quo direct lifetime appointment to the Court
of Appeals, 3rd circuit, despite the absence of judicial experience
or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is
the same Sam Alito that now sits on the purported highest court in the land.
The real application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but
there are unresolved problems with the line, computer connection may be the
reason but I hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr.
Peia:
Thank you for
being in touch. As we continue the busy first session of the 112th
Congress, I want you to know that I am grateful for the various times you have
shared your thoughts and concerns with me on different issues. Please be
assured that your voice is being heard and that your perspective helps me to
better represent you in Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach,
if ever a wise prescription for ‘economic doldrums’, euphemistically speaking
(there are articles/studies/data that dispute the purported effectiveness of
the widely hailed ‘Keynesian remedy’ during the prior great depression), the
‘Keynesian way’ is certainly no longer a prudent approach today in light of the
insurmountable debt levels of nations worldwide and in america particularly
along with the concomitant over-printed, debased ‘paper currencies’ to finance
same. Quite simply, there simply is not enough real value being created for redistribution,
a situation exacerbated by the parasitic lightening fast, computerized churn
and earn high frequency trading programs on fraudulent wall street (they should
be prosecuted, jailed, fined, and disgorgement imposed for extant frauds in the
trillions now marked to anything as per misguided legislated FASB rule change).
[ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke …The government’s total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge
October 17, 2011 http://www.economist.com/content/global_debt_clock ]
.This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with
other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
GOOGLE SEARCH – ‘LARRY KLAYMAN,
LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a
public-interest law firm that fights corruption in government. To read
Larry Klayman's letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW
Chairman Larry Klayman. "His behavior stands in stark contrast to
Louis Freeh, a man so corrupt he destroyed the office he led,
...
www.freedomwriter.com/issue20/am15.htm
“Louis Freeh will finally have to answer in court for
what he did to our clients. ... answers,” stated Judicial Watch Chairman and
General Counsel Larry Klayman. ...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial
Watch ... My name is Larry Klayman. ... interest group that investigates
and prosecutes government corruption and abuse. ...... They seized his
computer – these are FBI agents at the direction of Louis Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt
behavior, Freeh was placed on Judicial Watch's ... stated Judicial
Watch Chairman and General Counsel Larry Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry Klayman
... While Judicial Watch has asked FBI Director Louis Freeh to ....
lawsuits against a corrupt and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH,
in his personal capacity; NEIL GALLAGHER, in his No. ... COUNSEL ARGUED: Larry
E. Klayman, JUDICIAL WATCH, INC., Washing- ton, D.C. ...
America
also leads in the illegal drug trade. In fact, many researchers reveal
that the war on drugs is only utilized to control and monopolize the illicit
drug trade. The US government has been caught multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out that in 2001,
“according to UN figures, opium production had fallen to 185 tons. Immediately
following the October 2001 US led invasion, production increased dramatically,
regaining its historical levels.” This month, the U.N. announced that
Afghanistan now provides 93% of the world’s opium
production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF Louis | The hypocrisy of the
war on drugs is centers on the amount of drug trafficking that benefits the CIA
and international banking system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
http://albertpeia.com/willpambondibenextvpus.htm
Tony Blair: hanging bankers
won’t help { Oui; mais, au contraire … a la quillotine avec ils! }
London Telegraph | Public
anger over the financial crisis is wrong and must not lead Britain to “hang
bankers at the end of the street,” Tony Blair says today.
Submitted by Tyler Durden on 07/16/2012
Just because there is already an overflow of
confidence in the financial system, here comes the Senate's Permanent
Subcommittee On Investigations with a 340 page report detailing how HSBC
"exposed the U.S. financial system to a wide array of money laundering,
drug trafficking, and terrorist financing risks due to poor anti-money
laundering (AML) controls." Of course, since HSBC is one of the world's
largest banks, what it did was not in any way unique, and it is quite fair to
say that every other bank has the same loose anti-money "laundering"
provisions. What HSBC was likely most at fault for was not providing sufficient
hush money to the appropriate powers in the highest US legislative
administration. But at least tomorrow we will have yet another dog and pony
show, accusing that HSBC did what the NAR does every single day. Because
let's not forget that the National Association of Realtors lobbied for and
received a waiver for anti-money laundering provision regulations:
after all how else will US real estate remain at its current elevated levels if
not for the drug, blood, and fraud money from various Russian, Chinese, and
petrodollar kingpins, mafia bosses and otherwise rich people who need to
launder their money in the US, in the process keeping Manhattan real estate in
the stratosphere? But one can't possibly pursue the real truth if it just may
impair the fair value of that backbone of honest, hard-working US society:
still massively overpriced housing in a world in which those who need mortgages
will never get them.
[Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is centers on
the amount of drug trafficking that benefits the CIA and international banking
system. Natural News
February 1, 2012 [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”Today in Afghanistan, American
troops have been seen guarding poppy fields used to make heroin. Those fields
were all but wiped out by 2001 when the Taliban destroyed them and forbade that
agricultural pursuit. Now they’re flourishing again after the American
occupation. This doesn’t make sense despite all the mainstream reports that
American troops are protecting the poppy farmers from the bad guys. Internet
sites such as Prison Planet, Info Wars, The Political Coffeehouse and others
report otherwise. They connect the CIA and US military to restarting the poppy
fields in Afghanistan in 2002, increasing poppy growth by over 650 percent.
Who’s telling it like it is? One way the CIA keeps their drug trafficking hidden
from public view …’.
SHOCK: Justice Dept. will not prosecute Holder for
contempt of Congress... [ Justice
Department shields Holder from prosecution after contempt vote FoxNews.com | The Justice
Department moved Friday to shield Attorney General Eric Holder from prosecution
after the House voted to hold him in contempt of Congress. DOJ Says It Won't Prosecute
DOJ Head Holder How should
we say this: we are shocked, shocked, that the DOJ
won't prosecute itself. BREAKING: DOJ says it won't prosecute Attorney General Holder
after the GOP-led House voted to hold him in criminal contempt of Congress
– Fox see also, http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm House could
arrest Holder with inherent contempt power The Washington
Times | The thought is shocking, and conjures up a Hollywood-ready
standoff scene between House police and the FBI agents. { Eh, what the heck…you can let that
go…they’re hoodied blacks, not white like Nixon, etc…; and, be sure to hold on
to your wallets, purses everyone ‘cause there’s black folk in the capital! }
FLASHBACK NYT: Roberts drugs 'can have troubling side
effects, mental slowing and forgetfulness'... { Wow! Who woulda
thunk it, known it! I certainly didn’t know of roberts’ condition. And, yes,
the effects of said drugs are significant, serious as set forth above and over
time particularly, debilitating. Roberts should step down, not that the u.s.
supreme court is some font of reason, sound judgment, and wisdom, even
lawfulness. Indeed, quite the contrary is true: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
http://albertpeia.com/bakedamerica.htm
President Obama: “If You’ve
Got A Business – You Didn’t Build That. Somebody Else Made That Happen”
Zero Hedge | “If
you’ve got a business — you didn’t build that. Somebody else made that happen.”
{ Riiiiight! That ‘minority owned business’ incentive for government contracts,
bloated/padded for non-performance and electoral considerations…’the minority
view’ on the ebt, strike that, the bet network. Say anything, wobama the b for
b***s*** who suffers at the least from the psychological disorder of
psychogenic/dissociative amnesia. How totally preposterous and pathetic at
once! Wow! That ‘choom’ did wonders for wobama’s understanding of business!
Riiiiight ….they’ll beat a path to your door…to make that business happen! This
guy’s a totally dysfunctional joker who’s failed by every measurable standard
except increased deficits to obfuscate his unequivocal failure! Other than the
‘choom/drug’ business, what business does wobama really know? }
Obama:
Biggest mistake too much perspiration, not enough inspiration [What total
b***s***!] { Biggest mistake: too much b***s***, not enough substance; that’s
reality, not spin! } White
House on weak jobs report: Don’t ‘read too much’ into it Olivier Knox, Yahoo! News { Riiiiight! Sounds like a plan! After all,
wobama’s gotten’ by on b***s*** and ‘special consideration’ alone, never having
done anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign trail’
littered with the cowpies of stark reality. People owe themselves and their
children more than this grifter’s con which in numbers measures more than the
increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate Democrats voted against
sending the DREAM Act to the Senate floor for full consideration. The bill
would have created a path to citizenship for many young illegal immigrants
brought to the United States as children. Last week, Obama announced plans to
stop deporting illegal immigrants who would have qualified for the DREAM Act.
The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
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!
Obama: 'We
get Virginia, we win' { Well there you go….it’s now a one state
Presidential race, winner take all…Wow!...The scary thing is that wobama seems
to believe his own b***s***, even when he knows same to be false; as, ie.,
Dreams, etc.. Another choom gang fantasy? He really insults people’s
intelligence. I personally believe, and strong case can be made, that wobama,
like fellow chitown pol jackson, jr., suffers from psychological disorder(s).
Indeed, at the least, from psychogenic/dissociative amnesia that makes the
aforementioned facts beyond the grasp of his ‘current unreality’. I also
believe that his heavy near everyday powerful pot (choom) use took its toll on
his cognitive functions that have facilitated his outlandish claims and
outright fabrications; exactly what the nation cannot afford in these critcal/perilous
times! }
http://albertpeia.com/12factorsamericancitieshellholes.htm
http://albertpeia.com/twobullmythsnowmoot.htm
Two myths that the Bulls continue to cling to were
rendered moot yesterday. Those myths are:
1) That the Fed will engage in more QE.
2) That Spain is saved.
http://albertpeia.com/obamacareandsterilizingamericanwomen.htm
http://albertpeia.com/usgestapotactics.htm
http://albertpeia.com/scenesofdespair.htm
July 5,
2012 By gpc1981 http://albertpeia.com/germanywillbailoneuro.htm
http://albertpeia.com/areyouaslave.htm
June 29,
2012 By gpc1981 http://albertpeia.com/noeugamechangers.htm
http://albertpeia.com/kicksinthecandowntheroad.htm
http://albertpeia.com/empburst.htm
Murdoch Dissatisfied With
"Weak" Romney, Allies Say http://albertpeia.com/senilepenalmurdoch.htm { Yeah; murdoch prefers the ‘tougher’ gay
choom gang banger wobama alternative. More cream pies in his face cries the
senile old media meister. Yeah; the majority of the electorate think just like
billionaire murdoch. Let’s not kid ourselves…murdoch’s totally gone…even the
wisdom of his company’s breakup/split into two companies is being seriously
questioned. …’ Murdoch wrote on Twitter. "Tough O Chicago pols ( Aah!
Riiiiight! Just want the country needs; crime, corruption, cook county
politics, capone/chicago style , hudson county/jersey city/newark,n.j. style,
etc.; … Even LA’s substantially better than that; and, make no mistake, as
‘wobama country’ LA’s pretty bad, etc.) …will be hard to beat unless he drops
old friends from team and hires some real pros’… First reality: He could hire
some real pros without dropping old friends…In the final analysis, even
americans will prove smart enough and not sufficiently self-destructive enough
and as such, will not embrace proven failure with more proven failure. People
must realize the magnitude of wobama’s failure and the unaffordable,
insurmountable expense of obfuscation: ‘…those who put their
trust in proven failure wobama, all they have to show for such misplaced trust
are broken campaign promises, now insurmountable record deficit spending
exceeding all the presidents since Eisenhower combined to obfuscate what
clearly has been wobama’s unequivocal failure...’ ( 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 ) America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … )
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
Obama Asks People Getting Married To Forgo Gifts...
Donate To His Campaign Instead...
[ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate Democrats voted against
sending the DREAM Act to the Senate floor for full consideration. The bill
would have created a path to citizenship for many young illegal immigrants
brought to the United States as children. Last week, Obama announced plans to
stop deporting illegal immigrants who would have qualified for the DREAM Act.
The policy change does not include a path to citizenship…’ Then
there’s the other meretricious ‘wobama desperation hail mary’ that once again
falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. ]
Will accept your birthday or anniversary gifts,
too...
www.guardian.co.uk
›
Sep 9, 2008
– Rupert Murdoch may have
told his biographer that he favoured Barack Obama rather than Hillary Clinton
because he'll sell more papers but ...
www.huffingtonpost.com/.../new-york-post-endorses-mc_n_124730....
Sep 8, 2008
– Back in May, NewsCorp CEO Rupert Murdoch
admitted that he had "played a role" in the decision of the New York
Post (which he owns) to ...
finance.yahoo.com/.../Barack-Obama’s-Unlikely-Supporter-Rupert-'F...
May 29,
2008 – Murdoch's
not-quite-but-almost endorsement of Barack
Obama for ... Murdoch
added that after a long career in the Senate, McCain
had been ..., etc… ] }
{ In sum, to conclude,
though comfortably familiar to aussie murdoch, himself the product of penal
colony progeny in what has now tantamount to a global penal colony with inmates
running the institution/asylum, rupee the poopee is less comfortable with
fact/reality of his global irrelevance. Moreover, the inmates who neither see
nor hear are not children of a lesser God; but rather, children of a lesser
world. Lamentably for some as he, God has not nor ever will abolish capital
punishment with time of the essence. From a pragmatic and least
self-destructive perspective, realize that give enough rope to blacks, they
won’t hang themselves, they will hang you. That’s just the way they are and
wishing and hoping won’t change that predisposition. Quite simply, the blacks
are laughing at the foolish whites among other ‘rainbow’ colors:
CHICAGOLAND: 7-Year-Old Girl Gunned Down While
Selling Lemonade Outside Home...
MCCONNELL: 'Sold to American people on a
deception'...
CURL: Gift to Romney... {
This may seem somewhat counterintuitive and a bit of a rationalization; but, it
is absolutely true. So true in fact, that wobama will come to be compared to
Pyrrhus of Ephyrus (W. Greece) since realization of what this legislation won’t
do for americans and the economy and what it actually does will not have the
galvanizing effect that striking the bill down would have had on voters who
were thinking ‘another free lunch from the government’ will save them (we all
now know better, no such thing). Yes, in somewhat European tradition, defacto
bankrupt america is keeping up with the (ie., rating agencies Egan) Joneses.
After all, we all know how well this European program model is working out for
Europe (and any other nation that’s tried it). In the final analysis, this and
such programs as the contraindicated bailouts for the unprosecuted frauds on
wall street, etc., will prove to be the ‘camel-back breaking’ moment for
america; and, a pyrrhic victory for the egregiously failed president wobama. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … }
HISTORIC: HOUSE VOTES HOLDER IN CONTEMPT...
DEM HOODIED BLACKS PLUS WALK OFF FLOOR...
Pelosi botches name of slain border agent...
Adult Chimpanzee Fatally Mauls Baby Chimp at LA
Zoo...
ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took synthetic drug strangles dog,
starts eating it...
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
VIDEO: Obama Trips At Campaign Event In Tampa...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
July 3,
2012 By gpc1981 http://albertpeia.com/greeceyspainpain.htm
http://endoftheamericandream.com
http://albertpeia.com/nolegalsystem.htm
{ The unfortunate reality
is what I’ve alluded to in the context of my own direct experience; viz.,
america’s ‘legal system’ is an illegal system used to cover-up crimes,
arbitrarily enforce laws to apply pressure, etc., and essentially run by the
inmates of this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
}
http://albertpeia.com/americaonfire.htm
Moody's
downgrades 15 major global banks
June 21,
2012 By gpc1981 http://albertpeia.com/germanypullout.htm
http://albertpeia.com/datamining.htm
Durden
{ http://albertpeia.com/rosenbergsaysmarketovervaluedmorethan20percent.htm }
http://albertpeia.com/shockingtruthofunemploymentinamerica.htm
GARY
SHILLING: PROFITS WILL PLUMMET AND STOCKS WILL PLUNGE 43% By
Mamta Badkar | Business Insider
http://finance.yahoo.com/news/gary-shilling-profits-plummet-stocks-203000738.html
http://albertpeia.com/shillingsaysstockswillplunge43percent.htm
April 11,
2012 By gpc1981 http://gainspainscapital.com
http://albertpeia.com/europecollapseinmayjune.htm
27 Statistics About The
European Economic Crisis That Are Almost Too Crazy To Believe
http://albertpeia.com/27statsofeueconomiccrisis.htm
Failed
Wobama model illustrated: 16 Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm
April 23,
2012 By gpc1981 [ http://albertpeia.com/spainpain.htm ]
http://albertpeia.com/22signsspainheadingintogreatdepression.htm
http://spainbanksystemsecrets.htm
http://albertpeia.com/classwarfare.htm
http://albertpeia.com/95percentofjobslostmiddleclass.htm
http://albertpeia.com/21unansweredquestions.htm
BIN LADEN
WAS ALREADY DEAD Bin Laden: Everyone Is Missing
the Big Picture
http://albertpeia.com/binladenwasalreadydead.htm
: George Washington : 04/30/2012
...
Read full
article ‘ http://albertpeia.com/binladendeadandonicesince2001.htm
http://albertpeia.com/wobamaexecorderforoneworldgovernment.htm
{ The truly astounding thing here is that without exception, these
respective nations, from largest to smallest, can’t even manage themselves,
their own nations properly, efficiently; and then there’s the inevitable
corruption, ‘bigger and better?’. Come on! More obfuscation! In a world such as
this, human nature being what it is, ‘bigger is definitely not better’! They’re
pushing on a string! Time for accountability! Time to pay the piper!
Additionally, people must come to grips with the reality that wobama hasn’t the
slightest idea what he’s doing; hence, the over-vacationed teleprompter reader
whose ‘handlers’ have literally taken over policy, with some ‘slick’
maneuvering to try and repackage him; ultimately to no avail inasmuch as his
disastrous results at home and abroad speak volumes. If only he had done what
he said he was going to do last campaign, this nation and the world would have
been in a better position today! }
me".’
Military Winning War Over
Pensions Bruce Krasting
05/02/2012 Why is the Military Retirement Fund
exploding higher? http://albertpeia.com/militarypensiondebacle.htm
Eric Holder To Be Held In
Contempt Of Congress?
http://albertpeia.com/ericholderincontemptofcongress.htm
http://albertpeia.com/100millionworkingageamericansdonthavejobs.htm
May 4, 2012 By gpc1981 http://albertpeia.com/sharpcorrectioncoming.htm
http://albertpeia.com/merkelsinhotwaternomorebailouts.htm
Durden
http://albertpeia.com/notinlaborforce.htm
Some pictures for the past quarter http://albertpeia.com/42712pics.gif
ZeroHedge.com
http://albertpeia.com/5reasonsforcautioninusequities.htm
http://albertpeia.com/wobombanation.htm
Debt Serfdom in One Chart http://albertpeia.com/debtserfdom.htm
fedupusa.org | The
essence of debt serfdom is debt rises to compensate for stagnant wages.
Infowars.com | Ground
up dead baby fetuses… just business as usual. { Well, let’s not kid ourselves; there’s likely
canabalism in wobama’s line! How totally disgusting. I’ll never
drink pepsi ever again! }
http://theeconomiccollapseblog.com
http://albertpeia.com/countdowntoeurobreakup.htm
The Way The Pentagon Is
Predicting Your Potential To Become A National Threat Is Frightening
Business Insider | Tom Cruise
made “pre-crime’” a futuresque and controversial method of law enforcement in
the 2002 movie Minority Report. { The business of war … now you know, along
with the frauds on wall street, where all your tax dollars went and how the
nation’s insurmountable debt-load and defacto bankruptcy came to be… http://albertpeia.com/wherehaveallthetaxdollarsgone.htm } Officials: Al-Qaida underwear
bomber worked for CIA
http://albertpeia.com/financialworriesabouteurope.htm
24 Facts That Prove That
America Is A Nation Of Slobs
http://albertpeia.com/24factsproveamericaanationofslobs.htm }
J.P. Morgan has significant
credit portfolio loss May 10th, 2012 by News
Breaking…………“Shares of J.P. Morgan Chase & Co. JPM -5.89% dropped after the
bank said in a regulatory filing late Thursday it had “significant”
mark-to-market losses in its synthetic credit portfolio. Shares fell 4.5% to
$38.87 in after-hours activity. In a Securities and Exchange Commission filing,
the bank said its synthetic credit portfolio had proved to be riskier and more
volatile than expected.”MarketWatch MK
comment: Sound familiar? Think Bear Stearns, early 2008.
J.P. Morgan
Reveals 'London Whale'-Size Losses
Surprising JPMorgan loss hits stock
market late NEW YORK
(Reuters) - Stock index futures fell sharply on Thursday evening as JPMorgan
Chase & Co stunned investors with news that its chief investment office had
incurred "significant mark-to-market losses...
http://albertpeia.com/chinamerica.htm
http://albertpeia.com/collapseofderivativesmarket.htm
Lot of whistling down
there on wall street as ‘WALL STREET DOES BROADWAY’ (not Main Street mind you,
they’re for screwin’) … Rogers and Hamerstein to be exact with their recurring
theme going thusly:
Whenever the frauds on
wall street feel afraid,
Their penises get erect
(for screwin’ someone other than their deserving selves),
They whistle a happy
tune,
So no one will suspect,
They’re afraid.
While shivering in their
shoes,
They strike a fearless
pose,
And whistle a happy tune,
So no one will suppose,
They’re afraid.
Yeah, lots and lots of
whistling on fraudulent wall street. So uniquely fashioned to their task of
obfuscation and fraud, even Humphrey Bogart would have found Lauren Bacall’s
instructive direction for same as wanting in comparison (not everyone will get
this…famous, but strictly unreal cinematic show biz, not the live fraud biz of
wall street fame). I believe much of this soft shoe song and dance was for the
‘benefit’ of european markets which are hopelessly in the throes of their own
confrontation with reality, which despite all the whistling is all going to get
much worse than feared, fearless poses notwithstanding (see infra).
It is here where wobama
not doing what he said he’d do last campaign littered with his jive-talking
b***s***!
Roche 'The worst part of it ...Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place’ ‘INSIDE JOB’ Ferguson wins Oscar for Documentary
on the unprosecuted massive extant fraud in the (many) TRILLIONS by the frauds
on wall street ( and declares with oscar in hand that not one high level wall
street exec has been prosecuted … despite ‘earning’ billions from the fraud ) Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP Obama has promised to
hold Wall Street accountable for the meltdown.
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
Facebook
co-founder Saverin renounces citizenship
http://albertpeia.com/collapseofderivativesmarket.htm
http://albertpeia.com/insanelyoptimistic.htm
http://albertpeia.com/hopelesscluelesscalifornia.htm
Failed
Wobama model illustrated: 16 Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm
http://albertpeia.com/chinabuyingamerican.htm
http://albertpeia.com/endofeurozone.htm
http://albertpeia.com/greekbankrunsgoeurope.htm
http://albertpeia.com/18signseuropebankcrisisbadtoworse.htm
http://albertpeia.com/greekbankingsystemdying.htm
http://albertpeia.com/19thingshsstudentsshouldbetoldbeforecollege.htm
http://albertpeia.com/newworldordervedgesmockus.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. }
http://albertpeia.com/planetalreadyruined.htm }
http://albertpeia.com/obamas5trilliondollarlie.htm
{ I disagree to the extent that this economic
scenario is posited as anything but presently 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…’ }
http://albertpeia.com/fedecbcantstopcomingcrash.htm
http://albertpeia.com/bankrunsspainitalyeuropeanarchy.htm
{ The one ‘glass
half-full’ thing that’s going for them is that perma-bull Cramer is so wrong,
so often, in very big ways; yet, realistically one must admit that if cramer’s
saying so, it’s many times worse! }
http://albertpeia.com/eurosend.htm
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!
Dave’s
Daily: http://www.etfdigest.com
ALGOS FEAST ON RUMORS May 24, 2012
http://albertpeia.com/dave.htm
{ Related: 34 Shocking Facts About U.S.
Debt That Should Set America On Fire With Anger http://theeconomiccollapseblog.com http://albertpeia.com/34shockingfactsofusdebt.htm ‘We have all been
lied to. For decades, the leaders of both major political parties have
promised us that they can fix our current system and that they can get our
national debt under control. As the 2012 election approaches, they are
making all kinds of wild promises once again. Well you know what?
It is all a giant sham. The United States has gotten into so much debt
that there will be no coming back from this. The current system is
irretrievably broken…#32 Professor Laurence J. Kotlikoff, the U.S. is facing a
"fiscal gap" of over 200 trillion dollars in the future. The
following is a brief excerpt from a recent article that he did for CNN...The government's total indebtedness
-- its fiscal gap -- now stands at $211 trillion, by my arithmetic. The fiscal
gap is the difference, measured in present value, between all projected future
spending obligations -- including our huge defense expenditures and massive
entitlement programs, as well as making interest and principal payments on the
official debt -- and all projected future taxes…#33 If you add up all forms of
debt in the United States (government, business and consumer), it comes to more
than 56 trillion dollars. That is more than $683,000
per family…}
http://albertpeia.com/usacommunistchinacolony.htm
{
A sure sign that the communist Chinese have lost their edge; I mean, rationally
speaking, who’d want to? }
[
Related: 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
]
http://albertpeia.com/derivativesmarketcrashtaxpayerbailout.htm
Submitted by Tyler Durden on 05/31/2012 http://albertpeia.com/everyonenowasellerofusstocks.htm
"Expect the S&P500 to
decline decisively below its March 2009, 666 intraday low. All hope will be
crushed."
http://albertpeia.com/sp500todeclinebelow666.htm
http://albertpeia.com/badjobsreportsmalltasteofcomingnightmare.htm
http://albertpeia.com/endgamecollapse.htm
http://albertpeia.com/laborparticipationratechartfromdave.jpg
June 1,
2012 By gpc1981 http://albertpeia.com/contraindicatedqe3aintcoming.htm
http://albertpeia.com/unwantscontrolofinternetforcensorshiptaxessurveillance.htm
http://albertpeia.com/21signsbadsummerforglobalfinancialsystem.htm
http://albertpeia.com/eusystemicrisk.htm
http://albertpeia.com/americaindeclineandloweredexpectations.htm
Submitted by Tyler Durden on 06/05/2012 { Riiiiight! What a dumb thing to say …
after all, Who’s going to bail out the US, who’s going to clean up the mess
they call US - 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 ) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … }
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 … warm-up acts for Thursday’s Bernanke’s
congressional speech.Below is a quote in the conclusion of Richard Fisher’s (Dallas
Fed President & non-voting member) speech which was little noted but struck
a nerve nonetheless with yours truly: “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 (in other words, futile)
but would be viewed as an accomplice to the mischief (corruption, fraud,
incompetence, malfeasance, etc.) that has become synonymous with Washington…’
June 6,
2012 By gpc1981 http://albertpeia.com/eufinished.htm
The Criminal Banking Cartel's
End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight...
http://albertpeia.com/criminalcartel.htm { I agree with the thrust of this article
which I’ve yet to read in full; if only to emphasize that with a mouse
click/button/keystroke/enter you could easily be separated from your
money/wealth which is a formidable intimidating threat consistent with planned
subservience (and also facilitating manipulated fraud, etc.). And, don’t think
they wouldn’t do it, meaningless, arbitrarily enforced laws notwithstanding.
Don’t forget; government slugs all have the same employer. I experienced the
corruption 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 }
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.
http://albertpeia.com/70badfactsaboutuseconomy.htm
http://albertpeia.com/economiccollapsenotsingleevent.htm
http://albertpeia.com/reinforcementoffailure.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. .. 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 )
Americans'
net worth falls 40% from 2007-2010
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
}
Jerry
Sandusky’s defense could be histrionic personality disorder [ Come on! A
psychiatrist/psychologist would be accused of malpractice for such a diagnosis;
clearly more than self-dramatization and an exaggerated display of emotions on
the part of sweet sandy...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 ]
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. }
PrisonPlanet.com | Facebook
has deleted my account for no reason and is demanding my passport. Social
networking websites routinely censor alternative media. Another fantastic
reason to sign up at Planet Infowars. http://albertpeia.com/37responsestofacebookdeletesaccountdemandspassport.htm
http://albertpeia.com/onepointsixtrillionmoredebt.htm
http://albertpeia.com/10thingswecanlearnpreparefromgreekeconomiccollapse.htm
Submitted by Tyler Durden on 05/31/2012 http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm
Spain Just Gave Us a Glimpse
Into the True State of the EU Banking System Posted by:
Phoenix Capital... Post date: 05/31/2012 - 13:55 This is
the state of affairs in Europe: bankrupt nations trying to bailout bankrupt
banks or looking for bailouts from funds that are backed by other bankrupt
nations.What could go wrong? http://albertpeia.com/truestateofeubankingsystem.htm
http://albertpeia.com/18examplesofnannystategonewild.htm
http://albertpeia.com/taxesyoupaytheirway.htm
{As I’ve previously said, President Romney would be less
than rational to tell his tax advisors ‘to take a dive’ when it comes to his financial planning.
Importantly, it should be noted that up to now, President Romney has not been
part of the federal system (unlike obama, kerry, etc.) that sets federal tax
policy / laws.}
Submitted by Tyler Durden on 05/26/2012
“I am
concerned for the security of our great Nation; not so much because of any
threat from without, but because of the insidious forces working from within.”
’ http://albertpeia.com/dave.htm
Forget the Upcoming Elections…
Greece Has Already Proved the Great “Bailout Lie” May 29, 2012 By gpc1981 http://albertpeia.com/alreadygreatgreekbailoutlie.htm
http://albertpeia.com/25signssmartmoneywriteoffsoeu.htm
http://albertpeia.com/eushatteringeubonds.htm
May 23,
2012 By gpc1981 http://albertpeia.com/greecesecondbailouteuimplosion.htm
Aaron Dykes | Publicist says “fact checking” not
correspondence with Obama to blame, as apology is rushed out
Infowars | Over 16
Years, Obama’s Literary Agency Circulated Official Biography
Listing Birthplace as Kenya, Suddenly Changing it to Hawaii in 2007 Ahead of
Bid for Highest Office
Infowars | Obama’s own
authorized biography while president of the Harvard Law Review says he was “born in
Kenya.”
Paul
Joseph Watson | Establishment media pulls stunt in effort to
diffuse ‘birther’ controversy.
Establishment media pulls stunt in effort to diffuse ‘birther’
controversy
Paul
Joseph Watson Infowars.com Friday, May 18, 2012
The establishment media hastily seized on yesterday’s explosive
story about a literary publication listing Barack Obama’s
birthplace as Kenya in an effort to claim that the 1991 brochure was the “origin” of the
entire ‘birther’ issue. In reality, evidence that Obama was born in
the African country is abundant.
A literary agent’s promotional text for a 1991 brochure released yesterday by
Breitbart.com states Obama was “born in Kenya and raised in Indonesia and Hawaii.”
Yahoo News, along
with a deluge of other mainstream news outlets, responded by reporting that the
document was potentially the “source” of the birther controversy and had merely been a
mistake.
The literary agent who wrote the description, Miriam
Goderich, now works with Dystel & Goderich agency, which lists Obama as one of its clients. Unsurprising
therefore that Goderich hastily claimed listing Obama’s
birthplace as Kenya was “nothing more than a fact checking error.”
However, evidence to indicate that Obama war born in
Kenya is plentiful and it goes significantly beyond the 1991 version of the
brochure.
- Despite claiming the passage about Obama’s
birthplace being Kenya was a mistake, the listing still maintained that Obama’s
birthplace was Kenya until after Obama became a U.S. Senator. “Goderich’s statement
fails to explain why the “fact checking error” persisted for sixteen years, through at least three
different versions of Jane Dystel’s website, and through at least four different
versions of Obama’s biography,” reports Breitbart.com.
- The literary agency also updated the text in June 1998,
but the part about Obama being born in Kenya was retained.
- The text was again updated in February 2005 to
reflect the fact that Obama had become a Senator, but Kenya was still listed as
his birthplace.
- After an April 2007 modification of the text, the
passage still read Obama, “was born in Kenya.”
- As Steve Boman reveals,
the Dystel & Goderich agency asks its clients to submit their own
biography, meaning it’s virtually impossible the listing of Obama’s
birthplace as Kenya could have been a “fact checking error” on behalf of the literary company itself.
- During a speech about HIV, First Lady Michelle
Obama said she and Barack Obama “visited his home country of Kenya.” Watch the
clip below.
- In 2008, Obama’s paternal step grandmother appeared to indicate
publicly that Barack Obama was born in Kenya. In an interview
conducted by American Christian minister Ron McRae, Sarah Obama was asked, ‘Were you
present when your grandson was born in Kenya?’” McRae testified in his sworn statement. “This was
asked to her in translation twice, and both times she replied, “Yes! Yes
she was! She was present when Obama was born.”
- Another source who met Sarah Obama told World Net
Daily, “I have keenly and attentively listened to the tape
over and over again, and I can confirm from Sarah’s own
confession that Barack Obama was born in Kenya in her presence.”
- A separate Kenyan government official agreed,
stating, “I have listened to the tape. The preacher asked
whether Barack Obama was born in Mombassa, and the translator asked the same.
When she said Mombassa, it was like a surprise, and those there thought she
could not have meant to say Mombassa.”
- When New York Times bestselling author Jerome Corsi
traveled to Kenya to investigate the claims, he was almost immediately kicked out of the country
by Kenyan officials.
- When Kenya’s National Security Intelligence Service investigated claims that Obama was born in Kenya,
officials in Nairobi found “relevant birth records may have been removed or were
missing.”
- Obama has deep political connections in Kenya. From
2006 onwards he rallied in support of Islamist
Raila Odinga in Kenya, helping him impose Sharia law. When Odinga
lost the Kenyan election in 2008, his supporters rioted, unleashing a wave of
violence. Despite the bloodshed, Obama used his influence to aid Odinga in
retaining his position as part of a coalition government.
For the mainstream media to imply that the 1991
brochure is the “source” of the claim that Obama was born in Kenya is
completely inaccurate. Not only was that brochure updated many times right up
until 2007, with the information about Obama’s birthplace being Kenya retained, but there are
numerous other factors which all indicate that Kenya could indeed be Obama’s homeland.
*********************
Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos.
Watson is also a regular fill-in host for The Alex Jones Show and Infowars
Nightly News.
Similar/Related
Articles
Infowars.com | Alex
speaks with Congressman Walter B. Jones, Jr. about H.CON.RES.107.
Forrester:
Apple is Entering a Long Decline Written by Damon Poeter PC
Magazine ‘ At least
one analyst is bucking the trend of gushing over Apple. Forrester Research
chief executive George Colony laid out his case in a blog post Wednesday for
why he thinks the company will start looking like just another tech .. ‘ [ As much as I like Apple, my first
computer, and am glad they survived in a big way, I’m constrained to agree.
Moreover, and I can’t prove this, I believe there to be some ‘soft’ stimulation
of the heavily weighted, more bang for the buck, Apple stock by way of
subsidized purchases. Remember those $275,000 per car government purchases, and
the $278,000 cost per stimulus job? What’s $500 per ipad or iphone, etc., to a
nation hopelessly, insurmountably indebted to the tune of $211 trillion,
especially in their election year desperation. This should in no way be
construed as a slight to Cook; but rather, just the reality there’s a limit to
what one’s willing to pay for fairly common utility. That said, I’d still buy
an IPad since, as with the ipod and the simple technology involved, amazingly,
ultimate competitors as, ie., microsoft with zune, etc., didn’t measure up at
all! I think the IPhone’s totally underwhelming! Contrary to the tenor of the
article, I believe charisma has nothing whatsoever to do with the inevitable
decline ahead; and, not just Apple. ]
‘At least one analyst is bucking the trend of gushing
over Apple. Forrester Research chief executive George Colony laid out
his case in a blog post Wednesday for why he thinks the company will
start looking like just another tech companies within the next four years
unless it finds another "special, magical" leader like Steve Jobs.
Colony's position couldn't be more contrarian. Apple
just reported record March quarter
profits while selling tens of millions of its iPhones, iPads, and
Mac computers. In the past few months, other analysts have been jockeying to
tout Apple's share price, currently at just over $600 per share, for gains past
the $800, $900, and even $1,000 threshold.
But if Apple's riding high now, that's not going to
last, according to Colony.
"Apple will decline in the post Steve Jobs
era," he writes, explaining that Apple under Jobs fit the bill as a
"charismatic organization ... headed by people with the 'gift of
grace'." Succession in such an organization is particularly difficult
because while bureaucratic and traditional organizations have processes and rituals
to elevate new leadership, "[i]n charismatic organizations, the magical
leader must be succeeded by another charismatic—the emotional connection of employees and (in the
case of Apple) customers demands it."
Colony quotes liberally from Max Weber's The
Theory of Social and Economic Organization and Adam Lashinky's Inside
Apple to build his case that Apple will "coast" over the next 24
to 48 months and "then decelerate."
What about the processes Jobs himself put in place at
Apple to ensure that his vision and management style would endure at the
company after he was gone? Apple University and other company initiatives
fostered by Jobs won't do the trick, Colony claims, quoting Weber:
"Charisma can only be awakened and tested, it cannot be learned or
taught."
Colony argues that Jobs' successor, Tim Cook, has a
"legal/bureaucratic approach" to leading Apple that "will prove
to be a mismatch for an organization that feeds off the gift of grace."
Instead of Cook, the company should turn to Jonathan Ive or Scott Forstall to
be CEO, the analyst writes.
If Apple doesn't get another magical charismatic
leader, Colony concludes, it risks turning into Sony after Akio Morita or
Polaroid post-Edwin Land—a company that goes from great to merely good in a
few short years./
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.
]
Merkel’s Back is Against the
Wall… Time for Germany’s “Plan B”?
[
http://albertpeia.com/germanyplanb.htm ]
http://theeconomiccollapseblog.com
http://albertpeia.com/24factsaboutmindblowingustaxes.htm
‘The U.S.
tax code is a complete and utter abomination and it needs to be thrown out
entirely. Nobody in their right mind would ever read the whole thing - it
is over 3 million words long. Each year, Americans spend billions of
hours and hundreds of billions of dollars trying to
comply with federal tax requirements. Sadly, it is the honest, hard
working Americans in the middle class that always get hit the hardest.
The tax code is absolutely riddled with loopholes that big corporations and the
ultra-wealthy use to minimize their tax burdens as much as possible. Many
poor people do not pay any income taxes at all. The dishonest are
rewarded for cheating on their taxes (if they can get away with it) and the
ultra-wealthy have moved trillions of dollars to offshore tax havens where they
can avoid U.S. taxation altogether. Our system is incredibly unfair to
the millions of hard working people in the middle class and upper middle class
that drag themselves out of bed and go to work each day and try to do the right
thing. In addition, the current U.S. tax system is incredibly
inefficient, it diverts a tremendous amount of resources away from more
valuable economic activities, and it has chased thousands of businesses and
trillions of dollars out of the United States. The U.S. tax code is such
a complete and utter mess at this point that it can never be "fixed".
The only rational thing to do is to abolish it completely, and any politician
that tells you otherwise is lying to you.
The following are 24 outrageous facts about taxes in
the United States that will blow your mind....
#1 - The U.S.
tax code is now 3.8 million words long. If you took all
of William Shakespeare's works and collected them together, the entire
collection would only be about 900,000 words long.
#2 -
According to the National Taxpayers Union, U.S. taxpayers spend more than 7.6 billion hours complying with
federal tax requirements. Imagine what our society would look like if all
that time was spent on more economically profitable activities.
#3 - 75 years
ago, the instructions for Form 1040 were two pages long. Today, they are 189 pages long.
#4 - There
have been 4,428 changes to the tax code over the last
decade. It is incredibly costly to change tax software, tax manuals and
tax instruction booklets for all of those changes.
#5 -
According to the National Taxpayers Union, the IRS currently has 1,999 different publications, forms, and instruction sheets
that you can download from the IRS website.
#6 - Our tax
system has become so complicated that it is almost impossible to file your
taxes correctly. For example, back in 1998 Money Magazine had 46 different tax professionals complete a
tax return for a hypothetical household. All 46 of them came up with a
different result.
#7 - In 2009,
PC World had five of the most popular tax preparation software websites prepare
a tax return for a hypothetical household. All five of them came up with a different result.
#8 - The IRS
spends $2.45 for every $100 that it collects in taxes.
#9 -
According to The Tax Foundation, the average American has to work until
April 17th just to pay federal, state, and local taxes. Back
in 1900, "Tax Freedom Day" came on
January 22nd.
#10 - When the
U.S. government first implemented a personal income tax back in 1913, the vast
majority of the population paid a rate of just 1
percent, and the highest marginal tax rate was just 7
percent.
#11 -
Residents of New Jersey pay $1.64 in taxes for every $1.00 of federal spending that they
get back.
#12 - The
United States is the only nation on the planet that tries to tax citizens on what they earn in foreign
countries.
#13 -
According to Forbes, the 400 highest earning Americans pay an average federal
income tax rate of just 18 percent.
#14 - Warren
Buffett had an effective tax rate of just 17.4 percent for 2010.
#15 - The top
20 percent of all income earners in the United States pay approximately 86 percent of all federal
income taxes.
#16 - Sadly, as Bill Whittle has shown, you could take every single
penny that every American earns above $250,000 and it would only fund
about 38 percent of the federal budget.
#17 - The
United States has the highest corporate tax rate in the world (35
percent). In Ireland, the corporate tax rate is only 12.5 percent. This is causing
thousands of corporations to move operations out of the United States and into
other countries.
#18 - Some tax
havens are doing a booming business in setting up sham headquarters for U.S.
corporations. For example, the city of Zug, Switzerland only has a population
of 26,000 people but it is the headquarters for 30,000 companies.
#19 - In 1950,
corporate taxes accounted for about 30 percent of all federal revenue. In
2012, corporate taxes will account for less than 7 percent of all federal revenue.
#20 - In a previous article, I discussed how many of our
largest corporations make huge profits and yet pay less than nothing
in taxes....
What U.S. corporations are able to get away with is
absolutely amazing.
The following figures come directly out of a report by Citizens for Tax Justice.
These are combined figures for the tax years 2008, 2009 and 2010.
During those three years, all of the corporations
below made a lot of money. Yet all of them paid net taxes that were below
zero for those three years combined.
How is that possible? Well, it turns out that
instead of paying in taxes to the federal government, they were actually
getting money back.
So for these corporations, their rate of taxation was
actually below zero.
If you have not seen these before, you are going to
have a hard time believing some of these statistics.....
*Honeywell*
Profits: $4.9 billion
Taxes: -$34 million
*Fed Ex*
Profits: $3 billion
Taxes: -$23 million
*Wells Fargo*
Profits: $49.37 billion
Taxes: -$681 million
*Boeing*
Profits: $9.7 billion
Taxes: -$178 million
*Verizon*
Profits: $32.5 billion
Taxes: -$951 million
*Dupont*
Profits: $2.1 billion
Taxes -$72 million
*American Electric Power*
Profits: $5.89 billion
Taxes -$545 million
*General Electric*
Profits: $7.7 billion
Taxes: -$4.7 billion
Are you starting to get the picture?
#21 -
Exxon-Mobil paid $15 billion in taxes in 2009, but not a single penny went to the U.S. government.
#22 - Many
wealthy Americans hide enormous amounts of money outside the country in order
to avoid paying taxes. According to the IMF, a total of 18 trillion dollars is currently being hidden in offshore
banks.
#23 - The
number of traffic accidents spikes each year right around April 15th. The
following is from a recent Bloomberg article....
Deaths from traffic accidents around April 15,
traditionally the last day to file individual income taxes in the U.S., rose 6 percent
on average on each of the last 30 years of tax filing days compared with a day
during the week prior and a week later, according to research published in the
Journal of the American Medical Association.
#24 - Most of
the tax debate is focused on income taxes, but the truth is that Americans pay
dozens of other taxes every single year. The following are just a few of
the taxes that many Americans pay....
#1 Building
Permit Taxes
#2 Capital
Gains Taxes
#3 Cigarette
Taxes
#4 Court
Fines (indirect taxes)
#5 Dog
License Taxes
#6 Federal
Unemployment Taxes
#7 Fishing
License Taxes
#8 Food
License Taxes
#9 Gasoline
Taxes
#10 Gift Taxes
#11 Hunting
License Taxes
#12
Inheritance Taxes
#13 Inventory
Taxes
#14 IRS
Interest Charges (tax on top of tax)
#15 IRS Penalties
(tax on top of tax)
#16 Liquor
Taxes
#17 Luxury
Taxes
#18 Marriage
License Taxes
#19 Medicare
Taxes
#20 Property
Taxes
#21
Recreational Vehicle Taxes
#22 Toll Booth
Taxes
#23 Sales
Taxes
#24
Self-Employment Taxes
#25 School
Taxes
#26 Septic
Permit Taxes
#27 Service
Charge Taxes
#28 Social
Security Taxes
#29 State
Unemployment Taxes (SUTA)
#30 Telephone
Federal Excise Taxes
#31 Telephone
Federal Universal Service Fee Taxes
#32 Telephone
Minimum Usage Surcharge Taxes
#33 Telephone
State And Local Taxes
#34 Tire Taxes
#35 Toll
Bridge Taxes
#36 Toll
Tunnel Taxes
#37 Traffic
Fines (indirect taxation)
#38 Utility
Taxes
#39 Vehicle
License Registration Taxes
#40 Vehicle
Sales Taxes
#41 Workers
Compensation Taxes
When you account for all forms of taxation on the
federal, state and local levels there are many Americans that pay out more than
half of their incomes in taxes.
We are being taxed into oblivion, and yet most Americans do not even
realize that it is happening.
It is kind of like being killed by thousands of tiny
cuts.
So what do all of these taxes buy us?
They buy us a massively bloated government that wastes
money on some of the craziest things
imaginable.
Millions of Americans work for the federal
government, and yet most of them produce very little of real economic
value. The following comes from a recent National Review article....
By 2005, the federal government employed 14.6 million
people: 1.9 million civil servants, 770,000 postal workers, 1.44 million
uniformed service personnel, 7.6 million contractors, and 2.9 million grantees.
This amounted to a ratio of five and a half “shadow” government
employees for every civil servant on the federal payroll. Since 1999, the
government had grown by over 4.5 million employees.
According to that same article, when you add in state
and local government workers the numbers are even more dramatic....
According to the U.S. Census Bureau, there are 3.8
million full-time and 1.5 million part-time employees on state payrolls. Local
governments add a further 11 million full-time and 3.2 million part-time
personnel. This means that state and local governments combined employ 19.5
million Americans.
Yes, we do need some government. For example,
without any law enforcement at all our society would descend into complete
chaos, and without any military at all we would be completely open to foreign
conquest.
In order to have a stable, secure society we do need
some government.
However, we definitely do not need the massively
bloated government that we have today.
The truth is that most government employees are a drain on the system. Most of
them just push paper around. I used to work in Washington D.C. so I know
what pushing paper around is all about.
And as I wrote about yesterday, there are millions of
other Americans that enjoy a comfortable existence at the expense of the
federal government without doing any work whatsoever.
Of course the biggest welfare recipients of all are the big corporations. All forms of corporate welfare
should be eliminated immediately.
When are U.S. taxpayers going to get sick and tired
of paying for all of this?
Every single year, the federal government, state
governments and local governments drain massive amounts of desperately needed
money from hard working middle class families.
Then they take that money and spend it on incredibly foolish things.
When are American voters going to stand up and boldly
declare that they have been taxed enough already and they aren't going to take
it anymore?
The current tax code is completely and utterly broken
and it is beyond repair.
Unfortunately, neither the Republicans or the
Democrats are proposing that we should get rid of it.
So we are just going to continue to get more of the
same year after year, and it is the middle class that will feel the pain.’
http://www.albertpeia.com/whitesvictimizedbyblacks.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!
]
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
‘Massive Wealth Destruction’ Is About to Hit Investors:
Faber http://albertpeia.com/massivewealthdestructionabouttohit.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
http://albertpeia.com/19signsveryseriouseconomictroubleonhorizon.htm
Obama: ‘If I had a son,
he’d look like Trayvon.’ [ Yeah! He’d look just like any other
nigger. And, don’t worry about the black vote, failed president wobama the b
for b***s*** will get, nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [
Retaliation? Can you imagine the number of blacks that would have to be
retaliated against based upon the hushed reality of the prevalence of black on
white crime? The blacks should be careful what they wish for in playing that
game because the facts don’t break in their favor. ] ...
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
http://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that
blacks are an insoluble problem wherever they are. That’s not going to ever
change; not make-shift/make-work jobs; not programs; not anything tried or to
be tried; hence, they must be treated as exactly that – problems – before a
solution can be derived and fashioned. ]
Drudgereport:
Obama gets personal over killing of black Florida
teenager...
Urges 'soul-searching'...
More Miami schools stage mass walk-outs...
Gingrich calls Obama's Trayvon comments
'disgraceful'...
Cops: Man threatened to kill police chief at center
of case...
Jeb Bush: 'Stand your ground' invalid here...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel
good about themselves having niggers around and helping niggers to help them
feel better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s
gotten to her black projects. Let them live anonomously (in disguise) with the
niggers for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an
insoluble problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the
niggers, including niggerbama back to sub-saharan africa! ]
EUROPE
RIDICULES OBAMA...
'Maybe
copy key got stuck on presidential speechwriter's keyboard'...
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, and if all
of a sudden people could not use credit to buy things our economy would
immediately ground to a halt. Unfortunately, no debt bubble can last
forever. When this current debt bubble finally bursts, faith in the
financial system is going to disappear, credit is going to freeze up and there
is going to be a massive wave of bank failures.
America 1950 vs. America 2012 http://albertpeia.com/downhillslideofamerica.htm
10.7 Percent: Unemployment In
Europe Is Worse Than It Was At The Peak Of The Last Recession http://albertpeia.com/europeunemploymentworsethanrecession.htm
http://albertpeia.com/18statseconomynotimprovedsinceobama.htm
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…BOB
ADELMANN New American Tuesday, March 13, 2012 http://albertpeia.com/ecricallsrecession.htm
http://albertpeia.com/americabetterwithoutgoldmansachs.htm
And what do stocks do on latest S&P report that
America is broke? Why they surge of course....
{ Ah yes … those sweet sounds and smells of motown … the darks
coming to a place near you! }
Do you want to know what the future of America is going to look like?
Just check out what is happening to Detroit.
Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is centers on
the amount of drug trafficking that benefits the CIA and international banking
system. Natural News
February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
] ‘The hypocrisy of the war on drugs is outrageous when compared to
the amount of drug trafficking that benefits the CIA and international banking
system. The son of a convicted notorious mobster, John Gotti Jr, when asked in
court if the family still dealt drugs cracked, “No, we can’t compete with the
government.”
Today in
Afghanistan, American troops have been seen guarding poppy fields used to make
heroin. Those fields were all but wiped out by 2001 when the Taliban destroyed
them and forbade that agricultural pursuit. Now they’re flourishing again
after the American occupation.
This doesn’t make sense despite all
the mainstream reports that American troops are protecting the poppy farmers
from the bad guys. Internet sites such as Prison Planet, Info Wars, The
Political Coffeehouse and others report otherwise. They connect the CIA and US
military to restarting the poppy fields in Afghanistan in 2002, increasing
poppy growth by over 650 percent. Who’s telling it like it is?
The CIA’s secret operations to influence journalism started
in the 1950s by infiltrating the media and bribing journalists to be operatives
and assets for the CIA. By 1976, then CIA director William Colby reportedly
bragged that the CIA owned the press. Supposedly, this too secret to name
operation was coined “Operation Mockingbird” by Deborah Davis in her
book Katherine the Great.
Operation Mockingbird worked well against prize
winning journalist Gary Webb when his newspaper, the San Jose Mercury News,
ran his in depth series on CIA drug trafficking that flooded the USA to help
finance the CIA backed Nicaraguan Contras during the 1980s.
Journalists all over the USA jumped on the series,
claiming Webb’s
journalism was shoddy. The newspaper had to recant and fire him, and Gary Webb
was black listed from mainstream journalism completely.
Webb
retaliated by having his book Dark Alliance published and making the NY
Times best seller list, forcing some of his critics to privately eat crow
after the fact.
Despite the
CIA’s
control of the press, a few Mexico and Central America cocaine busts of plane
cargoes and discoveries of large cocaine stashes on crashed planes with CIA
hired pilots flying them for front companies did hit the mainstream news, albeit
briefly.
Remember the
movie “Air
America?”
It was based on an actual CIA owned front company transporting tons of heroin
from Southeast Asia’s “Golden Triangle” poppy fields during and after the Vietnam conflicts.
Now Afghanistan and the “Golden Crescent” are the featured opium/heroin conduit sources.
When the U.S. government made deals with the Cosa Nostra
mafia to help police ports and harbors during WW II, they breathed life into
the heroin trade. Eventually, Marseilles, France was set up by the Corsican
mafia to become the “French Connection” for heroin traffic.
But opium trade history goes back further, to
colonial times and early America. That’s when American shipping magnates used their fast
Clipper Ships to compete with England’s monarch sanctioned dope running East India Company
for transporting opium to China.
A few key players created family fortunes from the
China opium trade that exist today within some northeast America’s “old money” families.
Among the familiar family names, according to Wikipedia
(source below) is Forbes. Another source mentions Astor, a prominently
wealthy philanthropic family around New York today (Wiki source below). In
those days, trafficking dope was a legitimate business endeavor, immoral but
not illegal.
Now it is illegal as well. Ironically, this allows
the biggest illicit drug providers to financially benefit the CIA and
international banking.’
Sources for this article include:
http://whatreallyhappened.com/RANCHO/POLITICS/MOCK/mockingbird.php
http://en.wikipedia.org/wiki/Forbes_family
http://en.wikipedia.org/wiki/John_Jacob_Astor
http://thepoliticalcoffeehouse.com/2011/12/01/us-military-opium-afghanistan/
http://www.minormusings.com/Drugs/Mask.html
See also:
Big Banks, Gov’ts Collude in Drug War Hypocrisy
Much Of Afghan Drug Money
Going To ‘Our Friends’
Steady Stream of Drug Money
Departs Afghanistan, U.S. Officials Flummoxed
Afghan CIA Drug Kingpin Shot
Dead by Own Bodyguard
Afghanistan drug trade hits $4 billion a year
Occupiers involved in drug
trade: Afghan minister
US and NATO protecting Afghan drug trade
B.C. RCMP seize 60,000 poppy
plants in record haul
NATO rejects Russian call for
Afghan poppy spraying
War on drugs is a hoax: US
admits to guarding, assisting lucrative Afghan opium trade
UN: Afghan opium production up
by 61% under NATO’s watch
DOJ: Drug Cartel’s Influence
Extends Well Beyond Border Well Into the U.S.
RealClearMarkets - Gary Shilling:
New Global Recession Is Here (It’s actually a depression
and no nation will be spared!) http://www.marketwatch.com/story/shilling-says-new-global-recession-is-here-2012-01-20?link=MW_story_popular
By Howard Gold NEW YORK (MarketWatch)
2012
Update: What Part III of the financial crisis will look like
http://www.stansberryresearch.com/pro/1108PSINEWVD/PPSIN138/PR
http://www.stansberryresearch.com
http://www.stansberryresearch.com/pro/1108PSINEWVD/PPSIN111/PR
http://www.albertpeia.com/stansberrysinvestmentadvisory.flv
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm
'OBVIOUSLY UNSERVICEABLE DEBT TO
WEIGH ON STOCKS IN 2012’ http://www.bullfax.com/?q=node-obviously-unserviceable-debt-weigh-stocks-2012 12/23/2011 By Chris Ciovacco: Referencing
Kyle Bass’ work in a December 18 video, we noted
numerous countries have an unstable combination of debt and revenue relative to
the size of their banking system. Another excellent source for debt
sustainability analysis comes from Jeffery Gundlach, manager of the 2011
top-performing U.S. bond fund. Mr. Gundlach was recently interviewed by the
Financial Times. He does not subscribe to the theory European leaders can “put
a Band Aid on a system which didn’t break a week ago…’
Tough Year For Stocks, Gold
And Treasury ETFs Did Better
Forbes
My Christmas Cards Predict
"Eternal Conflict" And "Economic Disaster"
Forbes Robert Lenzner ‘For the first time in my
life, some Christmas messages are weighing in about the worrisome
condition of US economy and the financial markets– as well as family
news. Obviously, the crisis we are facing is triggering
disheartening expressions of concern at holiday time.
This
from a former state finance chairman for George Bush, who is so
distressed he is staying out of the primary race.
On Jobs; ” I wonder why our
candidates have not come forward to feature as the main and vital keystone of
their campaign that sector in the economy which can create millions of jobs and
solve our huge foreign trade deficit– converting our $300 billion plus purchase of foreign
oil to domestic energy– electrification of transportation, more natural gas,
nuclear, more domestic oil drilling, clean coal, and all the domestic
alternatives.”
On the
deficit: ” I have also become very disheartened with our
politicians’
inability to strike a grand compromise on reducing the federal deficit.
We are considerably constrained by the Grover Norquist tax pledge signed by so
many Republicans, wherein an elimination of a tax loophole which takes the
recovered revenue and applies it to reduce debt is considered a tax increase
and therefore unacceptable. This position will never allow the Republicans to
negotiate and compromise( a noble word) with the democrats on a combination of
a massive expense reduction with a modest revenue increase.”
All this from
a conservative Republican in a key state who is utterly frustrated by “ eternal gridlock in Washington“— and determined to spend
considerably more quality time with his family. All this ranting in a Christmas
card; it’s
a first.
Then, there’s the retired New England
real estate consultant and developer who is “fearful about the
impending winter. The world seems to be perilously close to economic disaster
and depression, and folks are rushing out to buy gold and guns.” ‘
The Smartest Guys in the Room
Are Screaming "Get Out of the Markets!" Todd Harrison http://www.minyanville.com/articles/articlelisting.htm#ixzz1hGAVUaU9
Has the Global Economy Been
Zapped by ZIRP?
Minyanville Eugene Linden Dec
21, 2011 ‘Zero interest rate policies dominate the world's largest economies --
a situation that's contributing to the worsening pension crisis, the
unnaturally buoyant equity markets, the need for quantitative easing, and even
the bull market in gold. Read more: http://www.minyanville.com/businessmarkets/articles/zero-interest-rate-policy-zirp-us/12/21/2011/id/38513#ixzz1hFyFn7Pb Eclipsed by Europe’s sovereign debt
agony has been one overriding, but overlooked factor that will increasingly
distort economies and the financial markets as 2012 unfolds: the
Zero-Interest-Rate-Policy. ZIRP is now as encompassing and pervasive as the air
we breathe, and this in itself is unprecedented.
Historically, examples of ZIRP are few and far between – and usually very brief
– but now ZIRP and near-ZIRP dominate the interest rate policies for most of
the world’s largest economies. We’re in uncharted territory. More worrisome,
the longer an economy embraces ZIRP, the harder it is to extricate itself. In
fact, as far as I can tell, no one has exited extended ZIRP intact and
voluntarily. Some, like Kyle Bass, argue that once a nation gets trapped in
ZIRP for an extended period, the only escape is through debt restructuring.
Others say war.
ZIRP has been the policy of the United States since 2008; it has been the
policy of Japan for most of the past two decades, and it is becoming the policy
of the ECB, at least in terms of ECB short-term funding. Currently, over two
trillion dollars of US debt is paying zero or near zero interest, as is
trillions more debt in Japan and elsewhere. This unprecedented situation has contributed
to the worsening pension crisis, the unnaturally buoyant equity markets, the
rescue of US banks, the need for quantitative easing, and even the bull market in gold. It has
spectacularly failed in its originally trumpeted mission to restart lending to
the consumer (the money multiplier is still near all-time lows). And now,
central bankers are discovering that ZIRP is a poisoned chalice.
The problem is as simple and intractable as human nature. So long as there's a
market willing to buy a government’s debt (or buyers who can be forced to buy
said debt), ZIRP offers the promise of vast new funds with virtually no increase
in carrying costs. If the problem is short-term liquidity, the theory is that
ZIRP buys the time necessary to restart growth. If the problem is solvency,
however, ZIRP is viewed as an alternative to a painful restructuring. In that
case (e.g. Japan), the rotten debts remain on the books of the banks, hobbling
the lending that is necessary for the economic growth that will enable the
central bankers to wean the economy off the drug.
Faced with little or no economic growth and anemic tax receipts, central
bankers keep pumping out new debt. When Japan started with ZIRP, its debt to
GDP ratio was 40%. In 2003 it was 93%. Now it’s 234%, and Japan’s aging buyers
(Japanese purchase 95% of the country’s new debt) are starting to spend for
their retirement, rather than save. Across the Pacific in the US, debt-to-GDP
was 57% in 2000; in 2008, when the US adopted ZIRP, debt to GDP was about 68%;
in the three years since it has risen to 99%.
The US did begin to approach ZIRP earlier in the last decade when Alan Greenspan
drastically cut rates to 1% to restart a frozen credit market. That was a
defensible response to a liquidity crisis, but Greenspan kept the policy too
long, fueling the housing and credit bubbles, and setting the stage for the
crash of 2008. ZIRP is like a opium-based painkiller. It might get you through
a crisis (if there isn’t the political will for a restructuring), but chronic
use is addictive and debilitating. The mechanics of the addiction are simple:
the more debt-burdened an economy becomes, the more additional debt it needs
for growth, and the less growth we get for the increment. This is termed debt
saturation. A dollar of new debt in 1960 produced about 90 cents of additional
GDP. That ratio turned negative in the last couple of years.
At the same time, to keep the interest burden of debt from spiraling out of the
control, nations are tempted to shift to shorter duration. This has the effect
of leaving a country ever more vulnerable should central bankers be forced to
raise interest rates. Interest payments are now just 1% of GDP and 5.7% % of US
expenditures, actually fairly low (though, even at these levels, interest chews
up 14% of each tax dollar collected). In fact, the interest bill for US debt is
just 4.6% higher than it was in 2007 and virtually the same as in 2008 despite
the fact that the debt has exploded since those years. The average rate the US
pays on debt is about 3%, and is coming down as roughly half the debt gets
rolled each year.
|
|
2011 |
$454,393,280,417.03 |
2010 |
$413,954,825,362.17 |
2009 |
$383,071,060,815.42 |
2008 |
$451,154,049,950.63 |
2007 |
$429,977,998,108.20 |
2006 |
$405,872,109,315.83 |
2005 |
$352,350,252,507.90 |
2004 |
$321,566,323,971.29 |
2003 |
$318,148,529,151.51 |
2002 |
$332,536,958,599.42 |
2001 |
$359,507,635,242.41 |
2000 |
$361,997,734,302.36 |
1999 |
$353,511,471,722.87 |
1998 |
$363,823,722,920.26 |
1997 |
$355,795,834,214.66 |
1996 |
$343,955,076,695.15 |
1995 |
$332,413,555,030.62 |
1994 |
$296,277,764,246.26 |
1993 |
$292,502,219,484.25 |
1992 |
$292,361,073,070.74 |
1991 |
$286,021,921,181.04 |
1990 |
$264,852,544,615.90 |
1989 |
$240,863,231,535.71 |
1988 |
$214,145,028,847.73 |
But we’ve
reached a place where even a historically modest rise – say 2% -- would start
gobbling huge chunks of tax revenue to the point where tax revenues are flat to
declining. The longer ZIRP continues, the more onerous the cost of raising
interest rates. Past some unknown point, ZIRP begets more ZIRP. We may be past
that point as the fed has said ZIRP will be the US policy into 2013. If the
natural buyers get wary, there is always the Fed to buy the debt. What we saw
earlier this year was that even as the Chinese balked at buying treasuries
(down from 47% of new issuance in 2006 to 5% in 2010), the Fed stepped in
through quantitative easing to buy the lion’s share of new debt. That
program ended in July, but then, in the nick of time, the European sovereign
debt crisis went critical, and prompted foreign buyers to show up (and the FED
is still in there as it reinvests proceeds as securities roll off its balance
sheet). Should the flight to safety abate, it’s highly likely QE will
resume if only because this is a treadmill from which there is no escape (a
recognition of which may have played into the historic S&P downgrade of US
debt).
http://image.minyanville.com/assets/FCK_Jan2011/images/Lila/eugenechart1.JPG
How long can this continue? In Japan it has continued for nearly 20 years,
thanks to a thrifty population with $17 trillion in savings. But even that
party is approaching endgame. Its massive debt has already been downgraded, now
Aa3, but it still pays less than Germany, with an average interest expense of
1.12% this year. Japan’s problem is that its aging savers are becoming
spenders (the savings rate dropped to 3% this year) and the population has
dropped 3% in the past few years as well. So it has fewer, cash-flow negative
citizens to absorb ever more debt. Long term rates and dollar swaptions have
already started to edge up, and, having run huge deficits since the inauguration
of ZIRP in 1993, Japan has little capacity to endure an interest rate hike.
According to Kyle Bass, who analogizes a Japan short to the subprime play in
2007-08, a 100 basis point rise in debt service costs would consume an
additional 25% of tax revenue. Disregard any talk that might come from Japan
about raising interest rates, it simply cannot happen.
ZIRP turns out
to be a trap that ensnares everybody, and not just the countries that adopt the
policy. During a briefing an economist from Tejas made the comment that once a
major economy adopts ZIRP, Central Banks all over the world lose control of
their monetary policy. I was puzzled about the mechanics of that until I came
across an example from Israel.
The transmission mechanism is the carry
trade. Starting in 2009, despite its precarious geopolitical situation,
Israel saw its currency strengthen as investors came in searching for yield.
According to Michael Pomerleano writing in the Financial Times, as the
shekel strengthened against the dollar, its central bank was forced to
intervene to buy Shekel’s lower interest rates and weaken the currency, even
though the bank actually wanted to raise rates to combat alarming inflation in
the housing sector.
While foreign money might be enticed to borrow in ZIRP countries and invest
elsewhere, domestic institutions like pension funds and insurers are driven to
search for yield to meet the estimated returns embedded in their models. A
pension fund using an 8% expected return is going to find itself ever deeper
underwater if it is stuck in fixed income in such an interest rate regime. This
is one reason hedge funds haven’t gone out of fashion even though their returns have
been more dismal than not since 2008. The search for yield has also underpinned
the recovery of the High Yield market since the crash. ZIRP may have
saved pensions and insurers from an immediate crash in 2008, but it has
subjected them to a merciless squeeze ever since.
Individual savers find themselves caught between embracing risk and spending
principal. This is not the choice retiring baby boomers expected, particularly
since most were under-saved for retirement even as other safety nets develop
holes.
Other unintended consequences have to do with the freeze up in interbank
lending. With short term yields virtually non-existent, there is no incentive
for the big banks to use funds in excess reserves to lend to smaller banks. Why
take any risk in interbank lending when your reward is virtually the same as
holding cash. The lack of liquidity in the interbank market in turn disrupts
the forward market for FX futures (according to Stamford economist Ronald McKinnon),
and this in turn makes lenders less willing to back letters of credit for
exporters –
something that happened in the midst of the crisis in 2008.
There have been positive benefits of ZIRP, including cheap debt for those
companies lucky enough to have access to the credit markets. Most notably, has
been the relationship between ZIRP’s evil twin, quantitative easing, and the buoyant
stock market. Nothing makes this point as starkly as a simple chart of the
S&P in 2011. The first half year was relatively smooth under the protective
umbrella of quantitative easing, while the second half looks like the EKG of a
heart attack (see below).
http://image.minyanville.com/assets/FCK_Jan2011/images/Lila/eugenechart3.jpg
Click to enlarge
Ben Bernanke is a brilliant economist, and I’m certain that he is more
aware than I am of the pitfalls of employing ZIRP for an extended period. So
why did he do it? My guess is that he went to ZIRP because he felt he had no
choice. In 2008 he was caught between a rock and a hard place. On the one hand,
he desperately needed to funnel money and a yield curve to the banks. All well
and good, but the defensible solution–the course taken by Sweden in 1993–would have been to saddle
the taxpayers with these costs only after the banks’ shareholders and debt
holders had shared the pain. As one pundit put it: a nation needs banks, but a
nation doesn’t
need these particular banks.
So again, why didn’t Bernanke recognize that? A few people know, and
they haven’t
been saying. One suspicion is that our major creditors in Asia and the Mideast
were also huge holders of bank shares and debt and threatened mutually assured
destruction if they were forced to write down these holdings. Another, simpler
explanation, is that US pension funds were also huge holders of shares and debt
of the banks as well as of mortgage-backed securities, and that an omnibus
write down of all these assets would cause a pension crisis the likes of which
this country had never seen.
ZIRP, in concert with the various bailout programs and the stimulus, offered a
way to buy time, and that’s what happened. But what happens next?
Right now, this question is still at the edges of the radar. When ZIRP is
discussed at all, it is in the context of inflation fears. Indeed, inflation is
one way a debt burden might be reduced, but when that day comes, soaring
interest rates will force defaults and restructurings. The Goldilocks solution
is to grow our way to exit. Given that both governments and households are
still burdened with trillions in excess debt (as well as the issue of debt
saturation), it is difficult to imagine how we could finance that growth even
if an obvious and politically viable path to growth presented itself. This
suggests that we will do what Japan has done and string out ZIRP until
something –
internal or external – forces a change.
This means that the economy and the markets will remain in this surreal context
of ZIRP for an indeterminate period, even as awareness grows that there will be
no controlled ending for this halcyon period. It means that there will be
further episodes of quantitative easing, either overt or by stealth.
This money will likely flow into equity markets as it has in the past. It also
means that government institutions will likely be major players in interbank
lending for the indefinite future and that consumer lending will be constrained
for the indefinite future. And with major economies printing money to maintain
the illusion that there is a market for their sovereign debt, it means that
commodities will continue to find a bid, even as the global economy contracts
(though there will be dramatic downdrafts on specific events such as noticeable cooling
in China).
It also means that the pension crisis will continue to worsen, and that the
already dire situation for retirees will continue to worsen, with implications
for burdens on various levels of government as well as for consumer spending.
And then, of course, ZIRP, though encompassing, is but one of the factors that
will be influencing our markets in the coming months. The unresolved sovereign
debt issues in the EU, a cooling China economy, and a host of US issues, also
cloud the future. For the moment ZIRP hovers at the edges of the mindspace of a
financial community focused on Europe and other critical issues. But, make no
mistake, we’re
in unknown territory as far as knowing at what constitute’s ZIRP’s event horizon, the
point beyond which there is no escape. Has Japan crossed that point? Is the US
approaching it? One hopes that we don’t discover this answer in retrospect.
Getting Worse: 40 Undeniable
Pieces Of Evidence That Show That America Is In Decline The Economic
Collapse | Is America in decline? That is a very provocative question. The Economic Collapse
December 21, 2011
Is America in
decline? That is a very provocative question. I have found that
most people that hate the United States are very eager to agree that America is
in decline, while a lot of those that love the United States are very hesitant
to admit that America is in decline. Well, I am proud to be an American,
but I cannot lie and tell you that America is doing just fine. The pieces
of evidence compiled below are undeniable. Our economy is deathly ill and
is rapidly getting worse. We were handed the keys to the greatest
economic machine in the history of the world and we have wrecked it. But
until we are willing to look in the mirror and admit how bad things have
gotten, we won’t be ready for the solutions that are
necessary. The truth is that there are things that we can do to reverse
the decline. It does not have to be permanent. We have gotten away
from the things that made America great, and we need to admit that we are on
the wrong path and start fixing this country. But if we choose to
continue down the road that we are currently on, it will lead us into the
darkest chapters in American history.
The following
are 40 undeniable pieces of evidence that show that America is in decline….
#1 Back in 1985, 11 million vehicles were sold in America.
In 2009, only 5.4 million vehicles were sold in America.
#2 In 1990, the median age of a vehicle in the United
States was just 6.5 years. Today, the median age of a vehicle in the
United States is approximately 10 years.
#3 The average price of a gallon of gasoline in 2011
has been $3.50.
That is a new all-time record. The previous record was $3.24 in 2008.
#4 The average American household will have spent an
astounding $4,155
on gasoline by the time the year is over.
#5 The number of children in the United States without
a permanent home has increased by 38 percent since 2007.
#6 A decade ago, the United States was ranked number
one in average wealth per adult. By 2010, the United States had fallen to seventh.
#7 The U.S. tax code is now more than 50,000 pages longer than it used to be.
#8 American 15-year-olds do not even rank in the top
half of all advanced nations when it comes
to math or science literacy.
#9 The United States once had the highest proportion of
young adults with post-secondary degrees in the world. Today, the U.S. has fallen to 12th.
#10 After adjusting for inflation, U.S. college students
are borrowing about twice as much money as they did a
decade ago.
#11 The student loan default rate has nearly doubled since 2005.
#12 Our economy is not producing nearly enough jobs for
our college graduates. The percentage of mail carriers with a college
degree is now 4 times higher than it was back in 1970.
#13 Our infrastructure was once the envy of the
world. Today, U.S. infrastructure is ranked 23rd.
#14 Since December 2007, median household income in the
United States has declined by a total of 6.8% once you account for inflation.
#15 Since the year 2000, incomes for U.S. households led
by someone between the ages of 25 and 34 have fallen by about 12 percent after you adjust for
inflation.
#16 According to U.S. Representative Betty Sutton,
America has lost an average of 15 manufacturing facilities a
day over the last 10 years. During 2010 it got even
worse. Last year, an average of 23 manufacturing facilities a
day shut down in the United States.
#17 In all, more than 56,000 manufacturing facilities in
the United States have shut down since 2001.
#18 The United States has lost a staggering 32 percent
of its manufacturing jobs since the year 2000.
#19 Manufacturing employment in the U.S. computer
industry was actually lower in 2010 than it was in 1975.
#20 In 1959, manufacturing represented 28 percent of all U.S. economic output.
In 2008, it represented only 11.5 percent.
#21 The television manufacturing industry began in the
United States. So how many televisions are manufactured in the United
States today? According to Princeton University economist Alan S.
Blinder, the grand total is zero.
#22 The U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990.
#23 The Economic Policy Institute says that since 2001
America has lost approximately 2.8 million jobs due to our trade deficit with
China alone.
#24 According to one study, between 1969 and 2009 the
median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.
#25 Back in 1980, less than 30% of all jobs in the United States
were low income jobs. Today, more than 40% of all jobs in the United States
are low income jobs.
#26 The size of the economy in India is projected
to surpass the size of the U.S. economy by
the year 2050.
#27 One prominent economist believes that the Chinese
economy will be three times larger than the U.S.
economy by the year 2040.
#28 In 2001, the United States ranked fourth in the
world in per capita broadband Internet use. Today it
ranks 15th.
#29 Back in the year 2000, 11.3% of all Americans were living in poverty.
Today, 15.1% of all Americans are living in poverty.
#30 Last year, 2.6 million more Americans dropped into poverty. That was the largest increase that we have seen since the
U.S. government began keeping statistics on this back in 1959.
#31 According to the U.S. Census Bureau, 6.7% of all Americans are living in “extreme poverty”, and that is the highest
level that has ever been recorded before.
#32 The percentage of children living in poverty in the United States increased from 16.9 percent in 2006 to nearly 22 percent in 2010. In the UK and
in France the child poverty rate is well under 10 percent.
#33 As I wrote about the
other day, since 2007 the number of children living in poverty in
the state of California has increased by 30 percent.
#34 A staggering 48.5% of all Americans live in a household that receives some
form of government benefits. Back in 1983, that number was below 30
percent.
#35 Back in 1965, only one out of every 50 Americans was
on Medicaid. Today, one out of every 6 Americans is on Medicaid.
#36 Between 1991 and 2007 the number of Americans
between the ages of 65 and 74 that filed for bankruptcy rose by a
staggering 178 percent.
#37 Today, the “too
big to fail” banks are larger than ever. The total assets
of the six largest U.S. banks increased by 39 percent between September 30, 2006 and
September 30, 2011.
#38 Since the Federal Reserve was created in 1913, the
U.S. dollar has lostover
95 percent of its purchasing power.
#39 During the Obama administration, the U.S. government
has accumulated more debt than it did from the time that George Washington took
office to the time that Bill Clinton
took office.
#40 The U.S. national debt is now nearly 15
times larger than it was just 30 years ago.
Sadly, most
Americans are not fired up about turning this country around. Way too
many of them realize that things are getting worse, but they have “checked out” and are just going
through the motions of life.
A perfect
example is posted below. In this video, a FedEx delivery guy just chucks a
computer monitor over somebody’s fence……Can you believe he did that?
The sad thing
is that the guy was actually home at the time and all the FedEx employee needed
to do was ring the bell.
This is the
kind of attitude that is killing America.
We all need to
start caring again. We all need to start taking pride in what we
do. We all need to start working hard again. We all need to make
sure that we are living with a sense of personal integrity.
When a nation
simply does not care anymore, even a con man can become president.
During a recent 60 Minutes interview, Barack Obama
said that only 3 presidents in U.S. history accomplished more than he did
during the first two years of his presidency….
“The issue here
is not going be a list of accomplishments. As you said yourself, Steve, you
know, I would put our legislative and foreign policy accomplishments in our
first two years against any president — with the
possible exceptions of Johnson, F.D.R., and Lincoln — just in terms
of what we’ve gotten done in modern history. But, you know, but
when it comes to the economy, we’ve got a lot more work to do.”
He had to be joking, right?
Sadly, he was not joking.
But it is not just Barack Obama. The truth is
that both political parties are absolutely littered with con men, charlatans
and corrupt politicians.
It is going to be up to the American people to get
educated about how bad things have really gotten, to start demanding solutions,
and to start voting much better people into positions of authority.
If dramatic changes are not made, our economy will
continue to get worse and the decline of America will continue to accelerate.
We cannot stay on this road my friends.
It is only going to lead to a total nightmare.
Please share this information as widely as possible,
and please try to wake up as many of your fellow Americans as you can while
there is still time.’
Ten Reasons To Fear And Loathe
Markets In 2012
Forbes Robert Lenzner
#1. European
Sovereign Debt is a greater burden on the economies of Italy and France
than the debt overhang in the U.S. Italy has $2.46 trillion of debt to a
$2 trillion GDP. As Vice President Biden puts it “We did our bailout. They’ve got to do their
bailout.”
The posturing has been limited to letting nations borrow cheaply to add on more
debt so as not to default.
#2. The
ramification for the US from Europe is a reduction of 1%
growth in US GDP– which means much less growth than might have been
expected. This, in turn, puts added stress on valuations in our financial
markets, where multiples of earnings are expected to slide as investors run
away from risk-on assets.
#3. Continued
pressure on the earnings and book values of both European and US banks.
This can be seen in the way bank shares have traded this year, with global
banks getting pounded, and only regional banks with strong balance sheets being
favored.
#4.
Continued selling pressure on the prices of key commodities like oil,
copper and iron ore due to expectd slowness i the global economy.
#5. The
imbecility of extending the payroll tax deduction for only two more months– a horrendous sign
of political weakness with dire economic ramifications.
#6. Residential
housing market still mightily impaired and not expected to recover for another
3 years. Still many millions of homes where mortgage debt greater than the
market value of the homes.
#7. Antipathy
individual investor for long term equity investing. Rise of the short-yterm
investor such as hedge funds using leverage, requiring volatility, better
informed than the public investor.
#8.
Expectation reduction $1.2 trillion from US budget over next 10 years. Can only
mean less money in circulation, less income to invest, lower GDP, less economic
growth rate. This is the reality being denied by most investors.
#9. Overall
theme of deflation, deleveraging can only mean lower asset prices.
#10.
Chance of social unrest in China, upheaval that affects move to consumer
economy, and lack of leadership from 10% of global economy.
Derivatives group spent $674K
lobbying in Q3 AP
PORTER
STANSBERRY OF STANSBERRY RESEARCH
THE
CORRUPTION OF AMERICA
The numbers
tell us America is in decline... if not outright collapse.
I say "the
numbers tell us" because I've become very sensitive to the impact
this kind of statement has on people. When I warned about the impending bankruptcy
of General Motors in 2006 and 2007, readers actually blamed me for the
company's problems – as if my warnings to the public were the real
problem, rather than GM's $400 billion in debt.
The claim was
absurd. But the resentment my work engendered was real.
So please...
before you read this issue, which makes several arresting claims about the
future of our country... understand I am only writing about the facts as I find
them today. I am only drawing conclusions based on the situation as it stands.
I am not saying that these conditions can't improve. Or that they won't
improve.
The truth is,
I am optimistic. I believe our country is heading into a crisis. But I also
believe that... sooner or later... Americans will make the right choices and
put our country back on sound footing.
Please pay
careful attention to the data I cite. And please send me corrections to the
facts. I will happily publish any correction that can be substantiated. But
please don't send me threats, accusations against my character, or baseless
claims about my lack of patriotism. If I didn't love our country, none of these
facts would bother me. I wouldn't have bothered writing this letter.
I know this is
a politically charged and emotional issue. My conclusions will not be easy for most
readers to accept. Likewise, many of the things I am writing about this month
will challenge my subscribers to re-examine what they believe about their
country. The facts about America today tell a painful story about a country
in a steep decline, beset by problems of its own making.
One last
point, before we begin... I realize that this kind of macro-economic/political
analysis is not, primarily, what you pay me for.
You rightly
expect me to provide you with investment opportunities – whether bull market,
bear market, or total societal collapse. And that's what I've done every month
for more than 15 years.
But that's not
what I've done this month. You won't find any investment ideas at all in these
pages. This issue is unlike any other I have ever written.
I'm sure it
will spark a wave of cancellations – costing me hundreds of thousands of dollars. I fear
it will spark a tremendous amount of controversy. Many people will surely
accuse me of deliberately writing inflammatory things in order to stir the pot
and gain attention. That's not my intention. The truth is, I've gone to great
lengths throughout my career to protect my privacy.
I am speaking
out now because I believe someone must. And I have the resources to do it. I
am sharing these ideas with my subscribers because I know we have arrived at
the moment of a long-brewing crisis.
Our political
leaders, our business leaders, and our cultural leaders have made a series of
catastrophic choices. The result has been a long decline in America's standard
of living.
For decades,
we have papered over these problems with massive amounts of borrowing. But now,
our debts total close to 400% of GDP, and America is the world's largest
borrower (after being the world's largest creditor only 40 years ago)... And
the holes in our society can no longer be hidden...
We've reached
the point where we will have to fix what lies at the heart of America's
decline... or be satisfied with a vastly lower standard of living in the
future.
How do I know?
How do I statistically define the decline of America?
The broadest
measure of national wealth is per-capita gross domestic product (GDP).
Economists use this figure to judge standards of living around the world. It
shows the value of the country's annual production divided by the number of its
citizens. No, the production isn't actually divided among all the citizens, but
this measure provides us with a fair benchmark to compare different economies
around the world. Likewise, this measure shows the growth (or the decline) in
wealth in societies across time.
So... is
America growing richer or poorer based on per-capita GDP? Seems like a simple
enough question, doesn't it? Is our economy growing faster than our population?
Are we, as individuals, becoming more affluent? Or is the pie, measured on a
per-person basis, growing smaller?
This is the most fundamental measure of the success or the failure of any
political system or culture. Are the legal and social rules we live under
aiding our economic development or holding us back? What do the numbers say?
Unfortunately,
it's a harder question to answer than it should be. The problem is, we don't
have a sound currency with which to measure GDP through time. Until 1971, the
U.S. dollar was defined as a certain amount of gold. And the price of gold was
fixed by international agreement. It didn't actually begin to trade freely
until 1975. Therefore, the value of the U.S. dollar (and thus the value of U.S.
production, which is measured in dollars) was manipulated higher for many
years.
Even today,
our government's nominal GDP figures are greatly influenced by inflation. The
influence of inflation is particularly pernicious in GDP studies. You see,
inflation, which actually reduces our standard of living, drives up the amount
of nominal GDP. So it creates the appearance of a wealthier country... while
the nation is actually getting poorer.
The only real
way to accurately measure per-capita GDP is to build our own model. The need to
build our own tools tells you something important – the government doesn't
want anyone to know the answer to this question. It could easily publish data
far more accurate than the indexes it puts out. But government doesn't want
anyone to know. And it wants to be able to say "those aren't the real
data" when studies like ours produce bad news.
So pay
attention to how we built our charts. You can see for yourself that our data
are far more accurate than the government's figures. Our data are based on the
real purchasing power of the currency, not the nominal numbers, which are
completely meaningless in the real world.
The question
we are trying to answer is: What would per-capita GDP numbers look like, if we
used a real-world currency, like gold, or a basket of commodity prices, instead
of the paper-based U.S. dollar? What would the figures be if we measured GDP in
sound money instead of the government's funny money?
Here's how we
figured it out. We took the government numbers for nominal GDP and measured
them first against commodity prices, and later (after it began to trade freely)
gold. We used a standard commodity index (the CRB) up to 1975 and gold
post-1975. The result of this analysis shows you the real trend in U.S.
per-capita GDP, as measured on a real-world purchasing power basis.
Our analysis
shows you what's actually happened to our real standard of living. The results,
we suspect, will surprise even the most bearish among you.
America is in
a steep decline.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/12/porter%201.png
Americans
Are Getting Poorer – Fast
Let me
anticipate the "official" criticism of our study. Many people will
claim that our numbers aren't "real." They will say that we
"mined" the data to produce a chart that showed a steep decline.
That's simply
not so. All we've done is convert the government's nominal GDP stats into a
fixed currency value that's based on real-world purchasing power. The fact is,
our data are far more accurate than the government's because they represent the
real-world experience.
That's why our
data are far more closely correlated to other real-world studies of wealth in
America.
Consider, for
example, annual sales of automobiles. Auto sales peaked in 1985 (11 million)
and have been declining at a fairly steady rate since 1999. In 2009, Americans
bought just 5.4 million passenger cars. As a result, the median age of a
registered vehicle in the U.S. is almost 10 years.
Our data shows
that real per-capita wealth peaked in the late 1960s. Guess when we find the
absolutely lowest median age of the U.S. fleet? In 1969. At the end of the
1960s, the median age of all the cars on the road in the U.S. was only 5.1
years. Even as recently as 1990, the median age was only 6.5 years.
Rich people
buy new cars. Poor people do not.
Most
important, our data "proves" something I know many of you have felt
or perceived for many years. You've seen the decline of your neighborhoods.
You've gone years without being able to earn more money in your job. Or you've
seen your purchasing power decrease to the point where you're now substituting
lower-quality products on your grocery list for the brand-name products you
used to buy.
You can see
how much harder it is on your children to find good jobs, to buy good housing
or a new car. As a result, few people under the age of 40 have the same kind of
"life story" as their parents.
And because
they can't "make it," many have decided to "fake it." The
average college student now graduates with $24,000 in debt... and by his late
20s has racked up more than $6,000 in credit card debt. Meanwhile, median
earnings for Americans aged 25-34 equals $34,000-$38,000. (Source: Demos.org,
"The Economic State of Young America," November 2011.)
Can you
imagine starting your life out as an adult with a personal debt-to-income level
at close to 100%? What does this say about the state of our economy? What does this say about the state of our culture?
Who
Suffers Most
It's not only
the young that are having trouble in America. It is also the old.
Debt levels
among households headed by people older than 62 have been rising for two
decades. The average mortgage size for this population is now $71,000 – five times larger than
it was in 1987 (adjusted for inflation), according to William Apgar of
Harvard's Joint
Center for Housing Studies.
Older
Americans are also more reliant on credit card debt than ever before... credit
card debt. From 1992 through 2007 (which is the latest data available) older
Americans took on credit card debt at a faster pace than the population as a
whole. According to USA Today, lower- and middle-income Americans aged 65 and
older now carry an average of more than $10,000 in credit card debt, up 26%
since only 2005.
Given average interest rates of 20% for these debts, it's a fair bet that these
obligations will never be repaid. But they will have a terrible impact on the
standard of living of these older Americans.
What in the
heck is going on? Don't Americans pay off their mortgages before they retire?
Don't they work hard during their careers, save, and invest, so they can move
to Florida and spend their retirement in comfort?
Older
Americans living with credit card debt! This doesn't sound like America, does
it? Or maybe it does.
My bet is that
most of my subscribers know that something has gone terribly wrong with
America. It's not easy to figure out how all of this happened... but you know
from your own experiences that these numbers aren't wrong. It might not be
pleasant to think about... but these figures paint a sad but accurate picture:
America is not the country it was 40 years ago. These changes are warping our
economy, politics, and culture.
In this
month's issue, I'd like to try to define a few of the core reasons we're in
this situation. I can't possibly analyze all the factors that have led to this
decline. But I want to document the growth of graft in politics. I want to
demonstrate –
with real facts and examples – how public company leadership has deteriorated. And
I want to document some of the things that are occurring in the broader
society, all of which I believe are linked to this fundamental decline in our
standard of living.
You see, I
believe the decline of our country is primarily a decline of our culture.
We have lost
our sense of honor, humility, and the dedication to personal responsibility
that, for more than 200 years, made our country the greatest hope for mankind.
I want to detail some of the factors that gave rise to the current entitlement
society. We have become a country of people who believe their well-being is
someone else's responsibility.
I've labeled
these problems: The Corruption of America.
These problems
manifest themselves in different ways across institutions in all parts of our
society. But at their root, they are simply facets of the same stone. They are
all part of the same essential problem.
The corruption
of America isn't happening in one part of our country... or in one type of
institution. It is happening across the landscape of our society, in almost
every institution. It's a kind of moral decay... a kind of greed... a kind of
desperate grasp for power... And it's destroying our nation.
The Ethos
of 'Getting Yours'
Americans
know, in their bones, that something terrible is happening. Maybe you can't
articulate it. Maybe you don't have the statistics to understand exactly what's
going on. But my bet is, you think about it a lot.
For me, a
poignant moment of recognition came this month.
Bloomberg news
published an article based on confidential sources about how Henry Paulson, the
former CEO of Goldman Sachs and the Republican U.S. Treasury secretary during
the financial crisis, held a secret meeting with the top 20 hedge-fund managers
in New York City in late July 2008. This was about two weeks after he testified
to Congress that Fannie Mae and Freddie Mac were "well-capitalized."
I knew for a fact that what Paulson told Congress wasn't true. I wrote my
entire June 2008 newsletter detailing exactly why Fannie and Freddie certainly
had billions in losses that they had not yet revealed to investors – $500 billion in losses,
at least. There was no question in my mind, both companies were insolvent – "zeros," as I
explained.
And yet, in
front of Congress, the U.S. Treasury secretary was saying exactly the opposite.
Either I was a liar... or he was.
Then... only a few days later... what did Paulson tell those hedge-fund
managers?
He told them
the same thing I had written in my newsletter. He told them the opposite of
what he'd said publicly to Congress. He told these billionaire investors that
Fannie and Freddie were a disaster... They would require an enormous,
multibillion-dollar bailout... The U.S. government would have to take them
over... And their shareholders would be completely wiped out.
Here you had a
high-government official, explicitly lying to Congress (and by extension, the
general public), while giving the real facts to a group of people who
represented the financial interests of the world's wealthiest folks. The story
didn't come to the public's attention for two years.
This was the
most outrageous example of graft and corruption I have ever seen. Certainly it
involves more billions of dollars in misappropriated value than any other
similar story I can recall. These managers had the risk-free ability to make
tens of billions of dollars, if not hundreds of billions, by using derivatives
to capitalize on what they knew was the imminent collapse of the world's
largest mortgage bank. Who picked up the tab? You know perfectly well. It was you
and me, the taxpayers.
(One of the
investment managers present at this meeting was Steve Rattner, who by that
point was already deeply involved in another bit of graft, his efforts to bribe
New York state pension-fund managers for large investments into his hedge fund,
from which he earned perhaps as much as $100 million. He later settled the
charges for a mere $10 million shortly after Andrew Cuomo was elected governor
of New York.)
The Bloomberg story... about a crooked Treasury secretary handing a room full
of crooked billionaires inside information worth billions of dollars... hardly
caused a ripple. As far as I know, no actions are being planned against Henry
Paulson or any of the hedge-fund managers involved. No other major media outlet
picked up the story. I saw nothing about it from the Department of Justice or
the Securities and Exchange Commission.
What does that
say about our country when even the most egregious kind of corruption – involving hundreds of
billions of dollars – is simply ignored?
It seems like
everyone in our country has lost his moral bearing, from the highest government
officials and senior corporate leaders all the way down to schoolteachers and
local community leaders. The ethos of my fellow Americans seems to have changed
from one of personal integrity and responsibility to "getting yours" – the all-out attempt, by
any means possible, to get the most amount of benefits with the least amount of
work.
You can see
this in everything from the lowering of school standards (revising the SAT) to
the widespread use of performance-enhancing drugs in professional, college, and
high school sports. Cheating has become a way of life in America.
I have an idea
about how this happened... about the root cause of this kind of corruption and
why it was inevitable, given some of the basic facts regarding how we've
organized our government and our corporations.
Let me show
you the numbers – the hard facts – behind what's happened to our country...’
50 Economic Numbers From 2011
That Are Almost Too Crazy To Believe The Economic Collapse | If we do not educate the American people
about how deathly ill the U.S. economy has become, then they will just keep
falling for the same old lies. December 16, 2011 ‘Even though most Americans
have become very frustrated with this economy, the reality is that the vast majority
of them still have no idea just how bad our economic decline has been or how
much trouble we are going to be in if we don’t make dramatic changes
immediately. If we do not educate the American people about how deathly
ill the U.S. economy has become, then they will just keep falling for the same
old lies that our politicians keep telling them. Just “tweaking” things
here and there is not going to fix this economy. We truly do need a
fundamental change in direction. America is consuming far more wealth
than it is producing and our debt is absolutely exploding. If we stay on
this current path, an economic collapse is inevitable. Hopefully the
crazy economic numbers from 2011 that I have included in this article will be
shocking enough to wake some people up.
At this time
of the year, a lot of families get together, and in most homes the conversation
usually gets around to politics at some point. Hopefully many of you will
use the list below as a tool to help you share the reality of the U.S. economic
crisis with your family and friends. If we all work together, hopefully
we can get millions of people to wake up and realize that “business as usual” will result in a
national economic apocalypse.
The following
are 50 economic numbers from 2011 that are almost too crazy to believe….
#1 A staggering 48 percent of all Americans are either
considered to be “low income” or are living in poverty.
#2 Approximately 57 percent of all children in the United States
are living in homes that are either considered to be “low income” or impoverished.
#3 If the number of Americans that “wanted jobs” was the same today as it
was back in 2007, the “official” unemployment rate put out by the U.S. government would
be up to 11 percent.
#4 The average amount of time that a worker stays unemployed
in the United States is now over
40 weeks.
#5 One recent survey found that 77 percent of all U.S. small businesses do not
plan to hire any more workers.
#6 There are fewer payroll jobs in the United States
today than there were back in 2000 even though
we have added 30 million extra people to the population since then.
#7 Since December 2007, median household income in the
United States has declined by a total of 6.8% once you account for inflation.
#8 According to the Bureau of Labor Statistics, 16.6
million Americans were self-employed back in December 2006. Today, that
number has shrunk to 14.5 million.
#9 A Gallup poll from earlier this year found
that approximately one out of every
five Americans that do have a job consider themselves to be
underemployed.
#10 According to author Paul Osterman, about 20 percent of all U.S. adults are currently
working jobs that pay poverty-level wages.
#11 Back in 1980, less than 30% of all jobs in the United States
were low income jobs. Today, more than 40% of all jobs in the United States
are low income jobs.
#12 Back in 1969, 95 percent of all men between the ages
of 25 and 54 had a job. In July, only 81.2 percent of men in that age group had a
job.
#13 One recent survey found that one out of every three
Americans would not be able to make a mortgage or rent payment next
month if they suddenly lost their current job.
#14 The Federal Reserve recently announced that the
total net worth of U.S. households declined by 4.1 percent in the 3rd quarter of 2011 alone.
#15 According to a recent study conducted by the
BlackRock Investment Institute, the ratio of household debt to personal income
in the United States is now 154 percent.
#16 As the economy has slowed down, so has the number of
marriages. According to a Pew Research Center analysis, only 51 percent of all Americans that are at least
18 years old are currently married. Back in 1960, 72 percentof all U.S. adults were married.
#17 The U.S. Postal Service has lost more than 5 billion dollars over the past year.
#18 In Stockton, California home prices have
declined 64 percent from where they were at when the
housing market peaked.
#19 Nevada has had the highest foreclosure rate in the
nation for 59
monthsin a row.
#20 If you can believe it, the median price of a home in
Detroit is now just $6000.
#21 According to the U.S. Census Bureau, 18 percent of all homes in the state of Florida
are sitting vacant. That figure is 63 percent larger than it was just ten
years ago.
#22 New home construction in the United States is on
pace to set a brand new all-time record low in 2011.
#23 As I have written about previously, 19 percent of all American men between the ages of
25 and 34 are now living with their parents.
#24 Electricity bills in the United States have risen
faster than the overall rate of inflation for five years in a row.
#25 According to the Bureau of Economic Analysis, health
care costs accounted for just 9.5% of all personal consumption back in
1980. Today they account for approximately 16.3%.
#26 One study found that approximately 41 percent of all working
age Americans either have medical bill problems or are currently paying off
medical debt.
#27 If you can believe it, one out of every seven
Americans has at least 10 credit cards.
#28 The United States spends about 4 dollars on goods and services from
China for every one dollar that China spends on goods and services from the
United States.
#29 It is being projected that the U.S. trade deficit
for 2011 will be 558.2 billion dollars.
#30 The retirement crisis in the United States just continues to get
worse. 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.
#31 Today, one out of every six elderly Americans lives
below the federal poverty line.
#32 According to a study that was just released, CEO pay
at America’s
biggest companies rose by 36.5% in just one recent 12 month period.
#33 Today, the “too
big to fail” banks are larger than ever. The total assets
of the six largest U.S. banks increased by 39 percent between September 30, 2006 and
September 30, 2011.
#34 The six heirs of Wal-Mart founder Sam Walton have a
net worth that is roughly equal to the bottom 30 percent of all Americans combined.
#35 According to an analysis of Census Bureau data done
by the Pew Research Center, the median net worth for households led by someone
65 years of age or older is 47 times greater than the median net worth
for households led by someone under the age of 35.
#36 If you can believe it, 37 percent of all U.S. households that are led
by someone under the age of 35 have a net worth of zero or less than zero.
#37 A higher percentage of Americans is living in extreme
poverty (6.7%) than has ever been measured before.
#38 Child homelessness in the United States is now 33 percent higher than it was back in 2007.
#39 Since 2007, the number of children living in poverty
in the state of California has increased by 30 percent.
#40 Sadly, child
poverty is absolutely exploding all over America. According to
the National Center for Children in Poverty, 36.4%
of all children that live in Philadelphia are living in poverty, 40.1%
of all children that live in Atlanta are living in poverty, 52.6%
of all children that live in Cleveland are living in poverty and 53.6%
of all children that live in Detroit are living in poverty.
#41 Today, one out of every seven Americans is on food
stamps and one out of every four American children is
on food stamps.
#42 In 1980, government transfer payments accounted for
just 11.7% of all income. Today, government transfer payments
account for more than 18 percent of all income.
#43 A staggering 48.5% of all Americans live in a household that receives some
form of government benefits. Back in 1983, that number was below 30
percent.
#44 Right now, spending by the federal government
accounts for about 24 percent of GDP. Back in 2001, it
accounted for just 18 percent.
#45 For fiscal year 2011, the U.S. federal government
had a budget deficit ofnearly 1.3 trillion dollars. That
was the third year in a row that our budget deficit has topped one trillion
dollars.
#46 If Bill Gates gave every single penny of his fortune
to the U.S. government, it would only cover the U.S. budget deficit for about 15 days.
#47 Amazingly, the U.S. government has now accumulated a
total debt of 15 trillion dollars. When Barack Obama first took office
the national debt was just 10.6 trillion dollars.
#48 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 pay off the national
debt.
#49 The U.S. national debt has been increasing by an
average of more than 4 billion dollars
per day since the beginning of the Obama administration.
#50 During the Obama administration, the U.S. government
has accumulated more debt than it did from the time that George Washington took
office to the time that Bill Clinton
took office.
Of course the
heart of our economic problems is the Federal Reserve. The Federal
Reserve is a perpetual debt machine, it has almost completely destroyed the
value of the U.S. dollar and it has an absolutely nightmarish track record of
incompetence. If the Federal Reserve system had never been created, the
U.S. economy would be in far better shape. The federal government needs
to shut down the Federal Reserve and start issuing
currency that is not debt-based. That would be a very significant step
toward restoring prosperity to America.
During 2011 we
made a lot of progress in educating the American people about our economic
problems, but we still have a long way to go.
Hopefully next
year more Americans than ever will wake up, because 2012 is going to represent
a huge turning point for this country.’
Current Events Summarized In
Brilliant Art George Washington 12/16/2011 A picture is worth a thousand
words [ View archived file: http://www.albertpeia.com/currenteventsinart.htm ]
The Tim Tebow Comeback Story
Continues But There Will Be No Miracle Comebacks For The U.S. Economy
| Never in the history of the NFL has there ever been anything like this. The Economic Collapse
December 12, 2011 ‘Never in the history of the NFL has there ever been
anything like this. Today, Tim Tebow engineered yet another
miraculous 4th quarter comeback. Almost everyone has been expecting this
unprecedented string of comebacks to come to an end, yet Tebow just keeps
pulling off miracle after miracle. It seems like nearly every week now we
are talking about another unbelievable Tim Tebow comeback. It is truly a
great story, and what is wonderful about Tebow is that he is not out to glorify
himself. He is very humble, he always recognizes his teammates and he is
a terrific role model for a generation of American youth that is in desperate
need of one. Unfortunately, there is not going to be a similar comeback
story for the U.S. economy. It is late in the 4th quarter, we have
accumulated over 50 trillion dollars of total debt as a nation, and our
economic guts are being ripped out at a rate that is almost impossible to
believe. The game is essentially over and we are headed for an incredible
amount of economic pain as a nation.
We desperately
need a “political
Tim Tebow”
to come along to dismantle our current debt-based economic system. But
instead, the corrupt politicians in Washington D.C. just keep patching up our
current system and hope that somehow it will recover.
Unfortunately,
this is about as good as things are going to get for the U.S. economy.
The federal government and the Federal Reserve are already pushing things to
the “red
line”,
and all of that effort has not accomplished much.
We have been
experiencing “economic
stagnation”
for much of the past year, and there is not much more that they can do to
improve things under our current system.
Right now, the
Federal Reserve has pushed interest rates as low as they can go. They can’t go any lower.
Right now, the
federal government is borrowing and spending unprecedented amounts of
money. Federal spending cannot go much higher.
Right now, we
have already seen tax cut after tax cut and virtually none of them have been
paid for. Any additional tax cuts will just send our budget deficits even
higher.
Right now, we
have already seen unprecedented intervention by the Federal Reserve. They
have done just about everything short of dropping huge bags of money over the
countryside from helicopters.
The federal government
and the Federal Reserve have done just about everything that they can possibly
do to “stimulate” the economy, and yet
things just keep getting worse.
So what is
going to happen when the federal government and the Federal Reserve quit
stimulating the economy?
As I wrote
about the
other day, when evaluating the future of the U.S. economy, it is
vitally important to look at the balance sheet numbers and the long-term
trends.
When you do
that, you suddenly do not feel so good about the upward “blips” that we have seen in the
economy lately.
Yes, the “official” unemployment rate
recently went down slightly. But as Mac Slavo recently pointed out, even with the recent “improvement” the truth is that the “real” level of unemployment in
the United States is still well over 20 percent.
And all of the
long-term trends indicate that we heading for a massive amount of trouble.
The number of
good jobs continues to decline. Even though our population is rapidly
increasing, there are 10 percent fewer middle income jobs in the U.S. today
than there were a decade ago.
In recent
years, the employment to population ratio has been steadily declining. At
the start of the recession it was at 62.7%. Today, it is at 58.5%.
Household
incomes continue to go down as well. Since December 2007, median
household income in the United States has declined by a total of 6.8%once you account for inflation.
So why is this
happening? Well, as I wrote about recently, the United States has the
worst balance
of trade in the entire world by far.
Wealth, jobs
and economic infrastructure are pouring out of this country and very few
politicians are trying to stop it.
An average of
23 manufacturing facilities were shut down every single day in the United States last year.
That
represents a huge amount of lost jobs.
So do you hear
any political candidates talking about how they are going to stop this from
happening or about how they are going to get all of those lost jobs back?
Overall, the
U.S. has lost a total of more than 56,000 manufacturing facilities since
2001.
So how can an
economy be great when it is constantly bleeding huge amounts of economic
infrastructure?
We have become
way too dependent on other nations for the things that we need.
How much
trouble would we be in if Saudi Arabia suddenly decided to quit shipping us oil
or if China suddenly decided to quit shipping us cheap plastic products to sell
in our stores?
Right now,
businesses are absolutely racing to get out of the United States. Big
corporations are shipping as many jobs as they possibly can out of the
country. Our insane economic policies have turned American workers into
tremendous liabilities.
One economist
from Princeton University is warning that 40 million more
U.S. jobs could be sent offshore over the next two decades if nothing is done
to stop this.
So why aren’t more politicians
screaming and yelling about this?
Without good
jobs, Americans are falling out of the middle class in staggering numbers.
Since 2007,
the number of children living in poverty in the state of California has increased by 30 percent.
So is that a
sign that things are getting better or that things are getting worse?
A higher
percentage of Americans is living in extreme
poverty than has ever been measured before. Not only that, 2.6
million more Americans fell into poverty last year. That was also a new
all-time record.
So are those
signs that things are getting better or that things are getting worse?
The American
people generally do not understand why these things are happening, but they are
clearly getting frustrated.
A recent
Gallup poll found that an all-time record 76 percent of all Americans believe that most
members of Congress do not deserve to be reelected.
But when
election time rolls around, they will probably send most of them back to
Washington D.C. anyway.
Our
politicians keep kicking the can down the road, but time for doing that is
running out. The unprecedented “stimulus” efforts by the federal government will be coming to
an end sooner or later.
In a recent
article, author Bruce Krasting listed a whole bunch
of reasons why the economic can is not going to be able to be kicked down the
road much farther. The following are some of the things that he says are
scheduled to end by the beginning of 2013….
·
The Bush tax
cuts on those making more than $200k will expire.
·
The Bush tax
cuts on those making less than $200k will also expire.
·
The Patch on AMT
will expire.
·
The 2% payroll
tax holiday will expire for all workers on 12/31/12 (I’m sure the
current holiday will be rolled for another year)
·
The 99-week
extended unemployment benefits die on 12/31. (The emergency benefits will also
be extended for 2012)
·
There will have
to be a budget that is approved. Alternatively, a series of continuing
resolutions is required to avert a government shutdown. We have not had an
approved budget in over 900 days.
·
2013 is the
first year that there will be mandatory caps on discretionary spending. These
limits will result in a YoY decline in government spending.
·
The Federal
Reserve has promised to keep interest rates at zero into 2013. While it is
possible that the Fed could continue the madness for even longer, the reality
is that interest rates have nowhere to go but up.
·
By January 2013
it will be painfully evident that the country’s key social
programs, Social Security and Medicare will be running in the red at a pace
that is far higher than anyone considered possible. The need for dramatic
changes in these programs will have to come onto the table. The implications of
this will be significant.
·
In 2013 the
issues of Fannie, Freddie, FHA and the Federal Home Loan Banks must be
addressed. The problems at the housing agencies has festered too long.
·
The country will
face another debt ceiling extension. The last time cost us our AAA.
Sadly, we will probably not have to wait until 2013
to feel a whole lot of economic pain.
The reality is that a 15 trillion dollar debt and
trillion dollar yearly budget deficits are not sustainable. We have
created a situation where a horrible crash is inevitable, and there is no way
that our current debt-based system can be fixed to keep a nightmarish collapse
from happening.
During the Obama administration, the U.S. government
has accumulated more debt than it did from the time that George Washington took
office to the time that Bill Clinton
took office. That is a recipe for national financial suicide.
Meanwhile, despite what you may have heard, the
European debt crisis has not been fixed.
Not at all.
The truth is that none of the fundamental problems
were fixed by this recent “agreement” as Ambrose Evans-Pritchard recently noted in one of his columns….
There is no shared debt issuance, no fiscal
transfers, no move to an EU Treasury, no banking licence for the ESM rescue
fund, and no change in the mandate of the European Central Bank.
In short, there is no breakthrough of any kind that
will convince Asian investors that this monetary union has viable governance or
even a future.
Germany has kept the focus exclusively on fiscal
deficits even though everybody must understand by now that this crisis was not
caused by fiscal deficits (except in the case of Greece). Spain and Ireland
were in surplus, and Italy had a primary surplus.
For many more reasons why Europe is headed for big
trouble, please read this article: “22 Reasons Why We Could See An
Economic Collapse In Europe In 2012“.
When Europe goes down, it is going to have a devastating
impact on the United States.
Meanwhile, the economies of China and Japan are also
steamrolling toward recession.
There is simply way too much debt in the world, and a
great day of reckoning is coming.
Combined, the industrialized nations of the world
borrowed more than 10 trillion dollars this year,
and that number is expected to soar even higher next year.
Jim Cramer of CNBC stated recently that the global economy is at “DEFCON 3, two stages from
a financial collapse so huge it’s hard to get your mind around.”
Most Americans don’t understand this
yet. But hopefully we can get more of them educated while there is still
time.
The global financial system is a big shell
game. It is a gigantic mountain of debt, leverage and risk.
You would have thought that we would have learned
some key lessons from the financial crisis of 2008, but we didn’t.
Back in 2002, the top 10 U.S. banks controlled 55 percent of all U.S. banking assets.
Right now, the top 10 U.S. banks control 77 percent of all U.S. banking assets.
Today, the “too
big to fail” banks are larger than ever. The total assets
of the six largest U.S. banks increased by 39 percent between September 30, 2006 and
September 30, 2011.
So instead of doing something about the “too big to fail” banks, they are now more
“too
big to fail”
than ever.
As big banks and big corporations have come to
dominate our economy more than ever before, wealth and power have also become
much more concentrated….
*The wealthiest 1 percent of all Americans now
own more than a third of all the wealth in the
United States.
*The poorest 50 percent of all Americans collectively
own just 2.5% of all the wealth in the United States.
*The six heirs of Wal-Mart founder Sam Walton have a
net worth that is roughly equal to the bottom 30 percent of all Americans combined.
*Overall, the wealthiest one percent of all Americans
have a greater net worththan the bottom 90 percent
combined.
It would be wonderful if we could send a “Tim Tebow of politics” to Washington D.C., but
instead the Democrats and the Republicans look like they just plan to give us
more of the same.
Are the Republicans really going to nominate someone
who co-sponsored 418 bills with Nancy Pelosi? The truth is that the
latest “anti-Romney
candidate”
isalmost a clone of Mitt Romney.
Newt Gingrich is essentially an older, ruder version
of Barack Obama. If you are counting on him to “save America” then you are going to be
incredibly disappointed.
Sadly, we just do not have nearly enough men
like Tim Tebow in
America today. The following comes from a recent profile of Tebow that
recently appeared in the Wall Street Journal….
While at Florida, Mr. Tebow became well known for
spending his summers helping the poor and needy in the Philippines. He also
spoke in prisons and appeared to accept every opportunity to volunteer. He
encouraged his teammates and classmates to follow his lead.
You can see video of Tim Tebow speaking to a group of
prisoners at the Lake City Correctional Facility while he was still attending
the University of Floridaright here.
Unfortunately, there is no “Tim Tebow comeback” on the horizon for the
U.S. economy at this point.
But when the U.S. economy does get worse, we can take
a cue from Tim Tebow and be very generous with those in need. There are
going to be a lot of people that will be really hurting, and those of us that
have been blessed should do what we can to help them out.
A lot of people say that my site is all
about “doom
and gloom”,
but telling the truth to the American people is never a bad thing.
We do not do ourselves any favors by sticking our
heads in the sand and pretending that everything is going to be okay.
There is going to be no miracle comeback for the U.S.
economy.
A horrific economic collapse is
coming.
You better get ready.’
THE ROAD NOT
TAKEN: GLOBAL ECONOMY ON THE BRINK http://www.safehaven.com/article/23606/the-road-not-taken 12/10/2011 By David Knox Barker: ‘The international
political economy and global financial markets are deep in the woods. A long
wave winter season is blowing cold, and getting colder. Decades of excess
leverage in the banking system and sovereign states is coming to an end.
Government and consumer spending are hitting a wall. A critical fork on this
wintry road is coming up fast.
A
transformational long wave crisis that spans the globe is under way. Tough
decisions must be made to pull us out of the long wave winter crisis and into a
new spring day on the other side. There are two different roads beckoning us
out of this long wave wintry mess. Make no mistake; the choice leads to
distinctly different destinations.
http://static.safehaven.com/authors/barker/23606_a.jpg
Oscar Wilde,
in his essay The Decay of Lying, famously penned the words, "Life imitates
art far more than art imitates life." Along this line of thinking, Robert
Frost's famous poem, with only one word edited (wintry), is in order. It offers
new meaning as the world grapples with the global financial, economic and
political crisis. It speaks to the far-reaching implications of the important
decisions required now for the uncertain road that lies ahead.
The Road Not Taken
by Robert Frost
Two roads diverged in a (wintry) wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth;
Then took the other, as just as fair,
And having perhaps the better claim
Because it was grassy and wanted wear,
Though as for that the passing there
Had worn them really about the same,
And both that morning equally lay
In leaves no step had trodden black.
Oh, I marked the first for another day!
Yet knowing how way leads on to way
I doubted if I should ever come back.
I shall be telling this with a sigh
Somewhere ages and ages hence:
Two roads diverged in a wood, and I,
I took the one less traveled by,
And that has made all the difference.
Investors and
traders should recognize that global markets will discount the unknown future
on the road ahead far more than most are expecting as this long wave winter bottoms
in the years directly ahead, whatever road we take. Markets do not like the
unknown and buyers of the future will require a hefty discount to the cash
flows it offers, especially when perceived risks are rising fast and show no
sign of abating.
After this
final phase of the long wave winter that puts the future on sale, we can get on
with building a global economy that is better than what we are leaving behind.
The real question is what road we will take. One road leads to the serfdom and
dependence on government promises, the other to individual freedom and
unlimited potential. The road chosen will make a big difference in the world we
live in during the coming long wave spring season and global boom that lies
ahead.
The low road
offers more of the same Keynesian hopes that created this crisis. It shows more
wear. It offers greater intervention from government in hopes that the state,
even in light of recent evidence to the contrary, has the answers. The low road
grants greater powers to government and vastly higher levels of debt, fighting
debt with debt. Along this road greater national and individual sovereignty and
liberty is a required sacrifice offered to the deity of the state and its
various temples of centralized control.
The high road
offers the hope that the grand experiment of big government is actually ending
world over. The dissemination of information on the Internet suggests the old
media is losing its grip on public consciousness and its role of kingmaker.
Centralized political power is doomed. Rather than centralizing power, there
are signs the information age and technology is in the process of a quantum
leap, transforming political power in the process and returning it to its
rightful owner, the individual and their important role in society and
community. The latent potential that can be unleashed on the high road is
astounding, and it is the same world over.
Advocates of
the high road recognize that radical pro-growth and pro-job corporate tax
policies are urgently required. A low flat corporate tax rate of 15% or less in
the U.S. will force the world to follow and trigger a global growth boom and
new long wave spring. The fair-tax makes even more sense, but that is likely
asking too much of politicians that appear to have trouble understanding that
they were not elected to only enrich themselves. Have courage, this ilk is on
the way out. Most politicians believe tax reform is granting tax breaks in the
tax code for kickbacks in one form of another.
If government
spending cuts are combined with pro-growth corporate tax policies, the next
wave of Internet driven innovation will trigger a global boom in a new long
wave spring season beyond 2012. Political leaders can pursue policies that
accelerate these trends, or they can try to hold on to their rapidly failing
grip on power.
Few are aware
that the object-oriented paradigm and the object-oriented code it spawned has
played an essential role in the Internet revolution. The objectivation of the
planet is turning the Internet into an empowering force for individual freedom
and liberty. The Internet is decentralizing access to information and is
radically changing the world, including putting political power into a state of
flux.
The low road
is simply more of the same that got us here and delivered the global system to
the edge of the abyss. There are those that are loudly advocating this
well-worn Keynesian road funded by government debt, i.e., the same map that got
us here. Many advocating the low road are hoping for yearend bonus checks for
all the bad debt they would like governments to back stop and transfer onto the
backs of taxpayers. This low road is where society's resources are distributed
both up to an elite class that socialize their losses and down to an
entitlement class. The motto of the low road is clear, in the words of Ayn
Rand, "From each according to his ability, to each according to his
need."
The high road
is seldom traveled these days. It is a road of individual responsibility and
accountability for one's own decisions and actions, where thrift and prudence
gain their just reward and are not punished by the greed of others that are too
big to fail. This high road is where budgets are balanced and governments do
not spend money they do not have and therefore must borrow, or steal from its
rightful owners.
The two roads
out of the global financial crisis are coming up as the world descends in the
current business cycle. The call for the European Central Bank (ECB) to join
with the U.S. Federal Reserve and promise unlimited quantitative easing (QE)
has reached a fevered pitch. The ECB has been buying sovereign bonds on the
margin, but the idea of the ECB ratcheting up the buying of any bonds issued by
the profligate politicians is a low road choice by any standard. It is repulsive
to those accustomed to living within their means and not interested in
financing those that who do not.
The current
global system is now struggling under its glaring contradictions. The long wave
cycle points down and to a resetting of the global economic and financial
order. The world has come to an important fork in the road in the current
business cycle, the final business cycle of the long wave winter
The
entitlement class is demanding the politicians serve up the wealthiest
producers on a 1% prime mover platter, so they can, in their own words,
"eat the rich". It will of course be their last meal, but this crowd
does not think that far ahead. They have not considered that the next meal will
be the wild-eyed comrade across the table, or it will be them and their family.
In short, the
low road thinking suggests that it is possible to solve history's greatest debt
crisis with more debt and deficit spending, keeping the entitlement class
satisfied and growing. This may work marginally in this long wave cycle crisis
and a somber spring will begin belatedly, but this low road will weaken
international capitalism and likely trigger the collapse of capitalism in the
next long wave winter season, delivering the global economy onto the cusp of a
new dark age.
On the high
road, governments will actually be required to stop spending money they do not
have and balance their budgets. Investors that unfortunately make bad
investments will have to take losses and not socialize them and pass them on to
taxpayers. This appears to be a rather novel concept for many. The media and
politicians jeer at it as old-fashioned nonsense. Those with the mistaken
belief that the profits of capitalism will be able to pay the tab for the great
entitlement banquet, are rejecting as "austerity" what is only common
sense and the way our grandparents lived.
Advocates for
the low road gained the upper hand in the 2008-2009 phase of the financial
crisis. Many are now rightfully questioning this direction. Although we are now
moving toward the low road, there remains time to change, to take the high
road.
All eyes are
now on Europe. There is hope that Europe could switch to the high road, and
force the U.S. and Asia to follow. This week we learned that the new ECB
president Mario Draghi is suggesting that the ECB does not intend to backstop
governments that cannot balance their budgets, or failing banks that fund them.
German Chancellor Angela Merkel is suggesting government must bring their
budgets under control before they receive any help from the ECB. In short,
Europe is considering taking the high road. If they do, they could force the
U.S. and even the world to follow. Merkel and Draghi are pointing us toward the
high road. Those clamoring for more QE to off load their bad debts on you, your
children and your grandchildren, so they can get their Christmas bonuses,
typically work the tollgates on the low road.
The statement
out of the European Union meeting this week suggests there remain leaders that
are advocating the high road; let us pray they can provide the leadership to
make it happen. They are asking governments to cut spending and move toward
balanced budgets before the ECB steps in and buys larger amounts of sovereign
debt. Draghi appears to be the sort that will wait for tangible evidence and
real cuts before backstopping anyone. Chairman Bernanke should take notes and
shake off his fear of deflation.
Great pressure
is being applied to the ECB to jettison their single mandate of price stability
in Europe and join the U.S. Federal Reserve by becoming the buyer of last
resort. This is clearly a low road option. If the ECB caves to this pressure,
odds rise sharply that the low road is our destiny. If the infrastructure
obsessed Bank of China (BOC) keeps the monetary pedal to the metal it will also
indicate the low road may be the one the world travels, but they may just take
their cue from the ECB. There is evidence that even some of the leaders of
communist-capitalism can recognize the advantages of the high road.
On the low
road, concerted global QE will cause the global crisis and long wave winter to
drag on longer than it will on the high road. With global QE that buys bad
debt, the business cycle lows in 2016 will be inflation-adjusted long wave lows
as debt is monetized and inflation steals from real returns. Capital will be
slow to commit to the new global long wave spring season and it will get off to
a much slower start than possible on the high road. Government picks winners
and losers on the low road. That plan has not worked out so far, e.g. Solyndra,
etc.
The map for
the high road is real deficit reduction in the U.S. and in Europe, not just
smaller increases, and aggressive pro-growth corporate tax reform; not endless
talk, but action. On the high road, the decline of the business cycle will
sharper and swifter than most expect. Required writedowns of bad debt
investments, necessary government spending cuts and debt deleveraging will not
come without pain. On the high road the decline of the business cycle will most
likely be a sharp V shaped deflationary recession/depression into late 2012,
and possibly mid-2013.
The chart
below demonstrates this possible scenario using Market Cycle Dynamics software
running with Metastock. The global economy and international markets are a complex
system. The low road will not stop the cycles; it will only lengthen the cycles
and lead the world inexorably toward chaos and a greater collapse. The high
road will restore order and a global boom. A new long wave spring season of
global prosperity is what the high road offers.
http://static.safehaven.com/authors/barker/23606_b.png
On the high
road, the global economy will make the turn and come roaring out of the V
shaped deflation and debt liquidation and into a new long wave spring within 18
months. Hard work, risk taking and ability are what will pick the winners along
the high road. The road we choose to travel will determine how and when this
business cycle and long wave winter season ends. The road we take will make all
the difference.’
The Worldwide Depression/Recession
Of 2012 Jeff Harding Dec
09, 2011 ‘While we're seeing some positive numbers in the US, we're also seeing
signs of weakness. And since we live in a world of international trade, the
world's woes will hit us. (Read more: http://www.minyanville.com/businessmarkets/articles/eurozone-euro-eurozone-crisis-sovereign-debt/12/9/2011/id/38294#ixzz1g7Hfhu3K)
‘In case you haven’t noticed, the rest of the world continues to slow
down and the negative data is accelerating. The big
powerhouses of the world, the eurozone (including Germany), Japan, and China
are leading this trend and there is no reason to believe that the U.S. will not
follow.
I’ve been writing about this theme frequently lately because, while we are
seeing some positive numbers here in the U.S., we are also seeing signs of
weakness starting to show up, and since we live in a world of international trade, the world’s woes will hit
us.
The first thing to note about this phenomenon is that the central banks of the
world, including the Fed, have been doing all they can to support their
economies with plentiful money. According to a recent Bloomberg article,
“Central banks across five continents are undertaking the broadest reduction in
borrowing costs since 2009 to avert a global economic slump stemming
from Europe’s sovereign-debt turmoil.”
Monetary easing will push the average worldwide central bank interest
rate, weighted for gross domestic product, to 1.79% by next June from 2.16% in
September, the largest drop in two years, according to data and projections
from JPMorgan, which tracks 31 central banks. The number of those banks
loosening credit is the most since the third quarter of 2009, when 15
institutions cut rates, the data show.
The People’s Bank of China has raised its main interest rate three times this year
to fight inflation. India’s central bank lifted rates on Oct. 25 by a
quarter of a percentage point, while signaling it was nearing the end of its
record cycle of increases as the economy cooled.
This is nothing new. Since the Crash of 2008, most central banks have been
pumping fiat money into their economies.
The multiple EU sovereign insolvencies—you don’t need to default to be
insolvent—are hitting eurozone credit hard, which is a trigger for deflation as
money supply declines. Lenders are stuck with bad sovereign loans and there
isn’t enough money to bail them all out, much less the PIIGS.
The thing to remember about the eurozone is that it’s not just sovereign
insolvencies that is their problem. They became insolvent, yes because
governments spent too much, but their economies are in the tank mainly for many
of the same reasons the U.S. economy declined (money inflation boom, high
debt/spending, housing market collapse triggering depression, high taxes and
regulation, and various bailouts to prevent recovery). Until they fix the
underlying causes, their banks will collapse and countries will default.
China’s economy relies on the West for its exports, and as a result:
China’s frequent monetary stimulus, along with government
real estate policies, keeps feeding their real estate boom-bust cycles.
Once you look at the data (below), you will see where we and the world are
headed.
While these economies are shrinking, demand for commodities, capital goods, and
manufactured goods all decline. This is impacting commodity prices; they
have been falling since this summer (mainly a supply-demand factor, not
just a money deflation issue). Each country/zone will have a different reaction
to all this. Most will continue to inflate (“print” money).
Money printing will have little impact on declining prices for the time being.
Unless they panic. If they panic -- that is, massively pump money --
they will suffer from price inflation. China will have more booms and the
eurozone will also stagnate as well. Japan will continue to go
"Japanese," and depending
on what the Fed does, it is likely we’ll go Japanese as well.
Here is what it looks like:
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchDEC2011/Chart%201%20Markit-JPM-Global-Main-PMI-Regional%20Nov%202011.png
Click to enlarge
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchDEC2011/Chart%202%20KMPG_Market-Wordwide-Regional%20PMI%20Nov%202011.png
Click to enlarge
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchDEC2011/Chart%203%20Markit-HSBC-China-PMI-Germany%20Composite%20Nov%202011.png
Click to enlarge
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchDEC2011/Chart%204%20Markit-Eurozone-PMI-GDP-Input%20prices%20Nov%202011.png
Click to enlarge
N.B. The word “depression” frightens a lot of people. It should. But, we are in
one now. Our leaders just invented the word “recession” to take our minds off
what’s
really happening. Murray Rothbard in his book, America’s Great
Depression noted that
when the economy crashed again in 1937, Franklin D. Roosevelt and
his advisers didn’t want to use the “D” word so they came up
with “recession.” Until that time there
were no “recessions.” Now a “recession” is just a
mini-depression. Since we, in my opinion, have not yet recovered from the Crash
of 2008, we are in a depression. Just ask the 25 million Americans who either
don’t
have a job, can’t find one, stopped looking, or are working part-time
because they can’t find full-time work. Just ask the 24% of home
owners whose homes are financially underwater.
·
How
the U.S. Will Become a 3rd World Country (Part 1)
·
Globalization
and Global Chaos
·
Into
the Abyss: The Cycle of Debt Deflation
·
OTC
Derivatives: Failed Banks or Failed Nations?
·
Bernanke's
Dilemma: Hyperinflation and the U.S. Dollar
·
Madmen,
Gamblers, Alcoholics, the U.S. Dollar and Gold
SPX
Update: Sell the Bounce Jason Haver Nov 29, 2011 ‘This bounce
might not last long, and new lows are expected to follow.
$707,568,901,000,000: How (And
Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In
6 Months Durden on 11/26/11
DATA
SUMMARY SHOWS THE US ECONOMY IS IN JEOPARDY [ Duh! Ya think? ] Jeff Harding
Nov 23, 2011 http://www.minyanville.com/buzz/buzzalert/data-summary-shows-the-us/11/23/2011/id/146675?camp=syndication&medium=portals&from=yahoo
‘An overview of all the factors at play leads to one inevitable conclusion.
The Crossroad
The economy is at one of those crossroads where something is going to
happen. Whether that will be a positive or a negative is often difficult
to tell because at any time one of those “black swans” could land in our midst
and change everything. Plans are fluid and and forecasting can be quixotic.
That said, I believe we are at a critical point, and the US economy is heading
for a fall.
To understand what “tomorrow” might be, we need to look at today and
try to tie those threads together. Here is my analysis step by step, and
you can decide if you agree with my conclusions.
Today
I have been looking at a lot of data reports in terms of an overall
view of the economy. I apologize for all of the charts and data, but they offer
some insight into trends.
Price Indices
Both the Producer Price Index and the Consumer Price Index have shown modest
price increases, but may be trending negative.
Producer Price Index:
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards1.png
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards2.png
On a 12-month basis, finished goods have gone up 5.9%, intermediate goods up
8.3%, and crude goods up 12.6%. However, the recent trend is down, as the above
chart shows.
Consumer Price Index:
Consumer prices declined 0.1%, and core (less energy and food) went up 0.1%. On
a year-over-year basis, prices have increased 3.5%, but that is down from 3.9%
the prior month, mainly due to energy costs.
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards3.png
Industrial Production
Industrial production as measured by shipments showed a 0.7% gain in October,
and the 12-month index was up 3.9%.
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards4.png
Manufacturing
The important factory sector output was up
0.5% in October and up 4.1% for the 12 months. The only negative here, and it
is a significant one, is that new orders are flat, but may not be declining:
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards5.png
The more telling ISM Manufacturing Index shows
some weakness:
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards6.png
The capital goods sector has been showing strong growth:
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards7.png
Business Sales
Business sales and inventories are also steady:
Businesses are carefully managing
their inventories, keeping them lean as sales move incrementally forward.
Business inventories are unchanged in the September report with sales up 0.6
percent [11.06% YoY], a combination that keeps the inventory-to-sales ratio at
1.27. This ratio has been pretty steady for the last two years after spiking as
high as 1.49 during the recession when sales of course plunged.
But note that these numbers are nominal, not adjusted for inflation.
Retail Sales
Retail sales and food services were up 0.5% for October, and 7.2% year over
year. Again, these numbers are not adjusted for inflation. They are steady but have
been flat (±) since August 2010.
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards8.png
Wages and Earnings
Real wages continue to be weak. While real wages increased 0.3% in October,
that was after a CPI adjustment ((earnings +0.2)+(CPI -0.1%)). On a
year-over-year basis, real earnings are down 1.6%. “An unchanged average workweek combined with the decline
in real average hourly earnings resulted in a 1.7 percent decrease in real
average weekly earnings during the same period,” according to the Bureau of
Labor Statistics.
Bank Credit
Bank credit conditions are still sluggish.
Consumer credit
Consumer credit increased at an
annual rate of 1.5% in the third quarter. Revolving credit decreased at
an annual rate of 3.25%, while nonrevolving credit increased 3.75%.
In September consumer credit increased at an annual rate of 3.5%. Revolving
credit is credit card debt; nonrevolving debt is mostly auto loans and student
loans. Generally, consumer credit has been rather flat except for auto loans,
which have been up and down, but mostly up:
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards9.png
Business credit
What has changed is that commercial and industrial loans have grown, especially
at small domestic banks. Look at the Fed’s H.8 commercial bank commercial
and industrial (C&I) loans in 2011 (note: I modified this chart to fit):
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards10.png
(Note that “Other consumer loans” are mostly auto loans. This consumer credit
data is slightly different than the Fed’s G.19 data on consumer credit, above.)
What we see is that C&I loans took off starting in the first quarter of
2011. While the data for large domestic banks shows steady C&I loan growth
since the fourth quarter of 2009, small domestic bank C&I lending shot up
in the first quarter of 2011, from zero base to $20 billion:
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards11.png
Even more surprising is that average loan size for small banks increased from
about $100,000 to almost $650,000. One might conclude from this that the credit
freeze is over and small banks are lending and small to medium business
enterprises (SMEs) are borrowing, thus indicating a recovery.
What is happening?
The main reason for this sudden increase in loan activity is competition. Ever
since Dodd-Frank, banks have been scrambling to figure out how to make more
money, as many credit card and other account fees were prohibited in an attempt
to protect consumers. One way to offset that loss is to gain more business customers, and there has
been a scramble by both large and small banks for SME customers.
Small banks have the most to gain or lose in this competition because SMEs are
their territory. So they are pursuing customers. Many also believe that there
is a window of opportunity with favorable spreads and thus the timing is critical
to expand business before that window closes. The initial beneficiaries seem to
be the banks in the $5 billion to $10 billion asset range, which are classified
as small banks. Keefe, Bruyette & Woods, an
investment bank specializing in services to the banking sector said:
[Damon DelMonte, an analyst with KBW Inc.'s Keefe, Bruyette & Woods
Inc.] said banks reporting loan growth are taking a bigger slice of the
pie, but the pie isn’t getting much bigger. “We’re not of the belief that the
demand for new loans is really ramping up,” he said. “It seems like it’s more
of a shifting of market share. Smaller banks are going to benefit at the
expense of larger banks.“
This was also confirmed by the Fed’s October
2011 Senior Loan Officer Opinion Survey on Bank Lending Practices, where they
reported increased competition, but that loan demand was weak:
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards12.png
I will explain the significance of this data further on.
International Trade
On the international scene, imports were actually down slightly, which was seen
as a positive by most analysts (I see
it as a negative):
The US trade deficit unexpectedly improved in
September, but a significant part of it appears to have been related to flight
to safety to gold during September’s weak financial markets. The September
trade gap shrank to $43.1 billion from $44.9 billion in August. The latest
shortfall was narrower than analysts’ expectations for a $46.3 billion deficit.
Exports gained 1.4 percent after edging up 0.1 percent in August. Imports rose
0.3 percent in September, following a 0.2 percent decline the prior month.
Exports have been a substantial driver of the
economy ($2.117 trillion):
http://image.minyanville.com/assets/FCK_Jan2011/images/LisaCatchNOV2011/Hards13.png
International Capital Flows
The Treasury International Capital Report shows us that money continues to flow into the US seeking
refuge mainly in Treasuries:
Volatility in international financial markets made
for a second straight month of increasing inflow into long-term US
securities, at $68.6 billion in September following August’s revised $58.0
billion. These follow inflows of only $9.1 billion and $4.1 billion in the two
prior months. US investors, repatriating their funds, were small net sellers of
foreign securities in September. But increasing demand for US securities is
narrowly based into Treasuries in contrast to outflows for corporate bonds and
especially US equities which is no surprise given the general move into safety
and away from risk. Net outflows from equities were a very steep $19.2 billion
in September following August’s $6.5 billion outflow.
Summary
Here is a summary of the above data:
#1. Industrial production (manufacturing and
services) is continuing a flat to declining trend that has been going on
since the second quarter of 2010. Manufacturing has shown recent growth, but it
mirrors the negative to flat trend. Capital goods orders have improved,
reflecting technological upgrades (which is also mirrored in software sales).
#2. Prices are starting to decline both at the producer and consumer level. Oil
prices are likely to decline as worldwide economic activity slows. But, as we
know, political shocks from producers can alter this forecast dramatically.
#3. Retail sales, adjusted for price inflation, continue to be flat to
declining.
#4. Credit conditions are still tight at the consumer level, and business credit still suffers from
lack of demand.
#5. Exports have been a primary driver of the economy and have rebounded substantially post-crash as a result of a
devalued dollar.
#6. European economic problems have caused a significant influx of money into
the US, and that has been parked in Treasuries.
Here is a summary of other data I feel is important and that I
have recently discussed:
#1. Unemployment is high. At 9% there
are 13.9 million unemployed, while the broader measure of unemployed
(U-6) is 25 million. While unemployment has been dropping at a snail’s pace,
jobs are not being created at a sufficient rate to substantially reduce
unemployment. New jobless claims have been hovering around the 400,000 per week
for the entire year.
#2. Real disposable income is
falling.
#3. Personal savings have fallen
from a post-crash high of 5.8% in June
2010 to 3.6% as of September 2011 because consumers are using savings to
fund consumption.
#4. GDP is static rather than growing, and the latest third-quarter boost will likely
not continue. It is likely that the third-quarter report will be revised
downward.
#5. Auto sales are related to pent-up demand and are not
likely to be sustained.
#6. The top 5% of earners account for
37% of all consumer spending, and it is they who are supporting consumer
spending. I call this a “bifurcated economy.” There is no broad-based consumer
spending rally.
#7. Household debt ($13.9 trillion) is still historically very high and has
not been substantially reduced.
#8. U.S. sovereign debt is 100% of GDP ($15 trillion and
growing).
#9. All government spending (federal, state, and local)
constitutes 45.6% of GDP.
#10. The euro crisis will have a
substantial impact on the rest of the world, including the US. That is
difficult to predict, but we’ll know very soon. According to recent data,
the world is heading into recession in
almost all economies.
#11. The federal government is currently running a $1.3 trillion annual deficit.
#12. Unfunded liabilities for Social Security, Medicare,
and prescription drug (Part D) are $116.4 trillion and growing. This does not
include the pending problem with student loans (Sallie Mae) or obligations to
government-sponsored enterprises.
#13. The MF Global (MFGLQ.PK) problem is indicative of a
declining economy. It is likely that in a growing economy, MF Global would have
been able to ride out its crisis. In a declining economy, company weaknesses
tend to be revealed, as with Lehman. That creates market uncertainty.
#14. Oil prices have risen from $40 a barrel post-crash to $110 a barrel in
April 2011, and presently are at $97 a barrel. Such oil price increases are
associated with and often presage recessions.
#15. Bank balance sheets are still weak because they do not book asset values
at market, they seem to not properly book troubled loans, and they are
encumbered by a substantial amount of malinvested assets that have not
been liquidated.
#16. 47 million Americans (15%) are on food stamps; 48.5% of the population
lived in a household that received some type of government aid in the first quarter
of 2010.
#17. Americans are pessimistic about their future and the future of America,
according to almost all recent polls.
#18. An angry and disaffected population in
America is potentially politically dangerous.
What is important when looking at the data is to spot trends rather than
specific numbers. I have what I believe is a healthy skepticism about the
reports from the multitude of federal agencies that I follow on a regular
basis. They are often revised and probably understate the negatives. That is
especially so with price inflation. Many of the reports are in nominal numbers
rather than adjusted for official price inflation. If they are adjusted for
inflation (chained), their baseline is a recent year. Many analysts put great
emphasis on specific numbers, but quantifiable data is ephemeral and
probably “gamed.” Look at the trend.
Reminder: This is part one of a two-part series. The second half will be
published on Minyanville on Friday, November 25.’
25 Bitter And Painful Facts
About The Coming Baby Boomer Retirement Crisis That Will Blow Your Mind
The Economic Collapse | For decades we were warned that when the Baby Boomers
started to retire that this country would be facing a retirement crisis of
unprecedented magnitude. The Economic Collapse
November 23, 2011
‘For decades we were warned that when the Baby Boomers
started to retire that this country would be facing a retirement crisis of
unprecedented magnitude. Well, that day has arrived ladies and
gentlemen. Back on January 1st, the Baby Boomers began to retire and more
than 10,000 of them will be retiring every single day for years to come.
Most of them have not saved up nearly enough money for retirement. At the
same time, private sector pension plans are failing all over the place,
hundreds of state and local government pension plans from coast to coast are
woefully underfunded, and the Social Security system is on the road to complete
and total disaster. A massive wave of humanity is hitting retirement age
at a moment in history when the U.S. economy is coming apart at the seams.
We do not have the resources to keep the promises that we made to the Baby
Boomers, and most of them have not made adequate preparations for
retirement. What we have is a gigantic mess on our hands, and millions of
Baby Boomers are going to find retirement to be very bitter and very painful.
A lot of
younger Americans just assume that Social Security is enough to take care of
the needs of elderly Americans. But that is just not the case.
Have you ever
tried to live solely on a Social Security check?
It is not easy.
The truth is that those checks are just not that large.
The following
comes directly from the Social Security
Administration….
The average monthly Social Security benefit for a
retired worker was about $1,177 at the beginning of 2011.
Could you live on less than 300 dollars a week?
And keep in mind that the $1,177 monthly figure is
just an average. Many receive a lot less than that.
In addition, Social Security benefits have been
seriously squeezed by inflation in recent years. The cost of food and
other basics has risen briskly and Social Security benefits have not.
Today, many elderly Americans have to make a choice
between buying food, heating their homes or buying medicine that they
need. They simply do not have enough money to do all of them.
It would have been nice if all of the Baby Boomers
had been busy saving money for retirement all these years, but that just did
not happen. In fact, the Baby Boomers as a group are trillions of dollars
short of what they need for retirement.
So why doesn’t the U.S. government step in to help them out?
Well, the reality of the situation is that the U.S.
government is flat broke. The federal government is now over 15 trillion dollars in debt. During the Obama
administration so far, the U.S. government has accumulated more new debt than
it did from the time that George Washington took office to the time that Bill Clinton
took office.
Lawmakers are already looking at ways to make the
Social Security program less costly. No, the federal government is not
going to be riding to the rescue.
In fact, it will be a minor miracle if the Social
Security program is able to survive until the end of this decade, and it will
be a major miracle if the Social Security program is able to survive until
2030.
As for myself, I do not believe that I will ever see
a single penny from Social Security, and many other working age Americans feel
the same way.
Retirement is supposed to be a fun time, but sadly
most Americans that are approaching retirement age are not going to have any “golden years” to look forward to.
Rather, millions of elderly Americans are going to
find the years ahead absolutely agonizing as they struggle just to survive.
The following are 25 bitter and painful facts about
the coming Baby Boomer retirement crisis that will blow your mind….
#1
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.
#2
According to a recent poll conducted by Americans for Secure Retirement,88 percent of all Americans are worried about “maintaining a comfortable
standard of living in retirement”. Last year, that figure was at 73 percent.
#3
A study conducted by Boston College’s Center for Retirement Research has found that
American workers are $6.6 trillion short of what they need to retire
comfortably.
#4
Today, one out of every six elderly Americans lives
below the federal poverty line.
#5
On January 1st, 2011 the very first Baby Boomers started to retire. For
almost the next 20 years, more than 10,000 Baby Boomers will be
retiring every single day.
#6
At the moment, only about 13 percent of all Americans are 65 years of age or
older. By 2030, that number will soar to 18 percent.
#7
Right now, there are somewhere around 40 million senior citizens. By 2050
that number is projected to increase to 89 million.
#8
Back in 1991, half of all American workers planned to retire before they
reached the age of 65. Today, that number has declined to 23 percent.
#9
According to one recent survey, 74 percent of American workers expect to
continue working once they are “retired”.
#10
According to a recent AARP survey of Baby Boomers, 40 percent of themplan to work “until they drop”.
#11
A poll conducted by CESI Debt Solutions found that 56 percent of American retirees still had
outstanding debts when they retired.
#12
A study by a law professor at the University of Michigan found that Americans
that are 55 years of age or older now account for 20 percent of all bankruptcies in the United
States. Back in 2001, they only accounted for 12 percent of all
bankruptcies.
#13
Between 1991 and 2007 the number of Americans between the ages of 65 and 74
that filed for bankruptcy rose by a staggering 178 percent.
#14
What is causing most of these bankruptcies among the elderly? The number
one cause is medical bills. According to a report published in The
American Journal of Medicine, medical bills are a major factor in more than 60 percent of the personal
bankruptcies in the United States. Of those bankruptcies that were caused
by medical bills, approximately 75 percent of them involved individuals that
actually did have health insurance.
#15
Public retirement funds all over the United States are woefully
underfunded. For example, it has been reported that the $33.7
billion Illinois Teachers Retirement System is 61% underfunded and is on the verge of
complete collapse.
#16
Most U.S. states have huge pension obligations which threaten to bankrupt
them. For example, pension consultant Girard Miller told California’s Little Hoover
Commission that state and local government bodies in the state of
California have $325 billion in combined unfunded pension
liabilities. When you break that down, it comes to $22,000 for every
single working adult in the state of California.
#17
Robert Novy-Marx of the University of Chicago and Joshua D. Rauh of
Northwestern’s
Kellogg School of Management have calculated the combined pension liability
for all 50 U.S. states. What they found was that the 50 states
are collectively facing $5.17 trillion in pension obligations, but they
only have $1.94 trillion set aside in state pension funds. That
is a difference of 3.2 trillion dollars. So where in the world
is all of that extra money going to come from?
#18
According to the Congressional Budget Office, the Social Security systempaid out more in benefits than
it received in payroll taxes in 2010. That was not supposed to
happen until at least 2016. Sadly, in the years ahead these “Social Security deficits” are scheduled to become
absolutely nightmarish as hordes of Baby Boomers retire.
#19
In 1950, each retiree’s Social Security benefit was paid for by 16U.S. workers.
According to new data from the U.S. Bureau of Labor Statistics, there are now
only 1.75 full-time private sector
workers for each person that is receiving Social Security benefits
in the United States.
#20
The U.S. government now says that the Medicare trust fund will run outfive years faster than they were projecting
just last year.
#21
The total cost of just three federal government programs – the Department of
Defense, Social Security and Medicare – exceeded the total amount of taxes brought in during
fiscal 2010 by 10 billion dollars. In the years
ahead expenses related to Social Security and Medicare are projected to
skyrocket dramatically.
#22
The Pension Benefit Guaranty Corporation is the agency of the federal
government that pays monthly retirement benefits to hundreds of thousands of
retirees that were covered under defined benefit pension plans that
failed. The retirement crisis has barely even begun and the PBGC is
already dead broke. The PBGC says that it ran a deficit of $26 billion during the fiscal year that just
ended and that it will probably need a huge bailout from the federal
government.
#23
According to a survey by careerbuilder.com, 36 percent of all
Americans say that they don’t contribute anything at all to retirement savings.
#24
More than 30 percent of all investors in the United States that are currently
in their sixties have more than 80 percent of their 401k plans
invested in equities. So what is going to happen to them if the stock
market crashes?
#25
A survey taken earlier this year found that 20 percent of all U.S. workers admitted
that they had postponed their planned retirement age at least
once during the last 12 months. Back in 2008, that number was
only at 14 percent.
Our politicians should have addressed the retirement
crisis decades ago before we got to the point of being in debt
up to our eyeballs.
It is being projected that the U.S. national debt will
hit 344% of GDP by the year 2050, and the
Congressional Budget Office says that U.S. government debt held by the
public will reach a staggering 716% of GDP by the year 2080.
Obviously those figures will never be reached because
our financial system would totally collapse long before then.
So what do we do?
We have tens of millions of elderly Americans that
are completely and totally dependent on Social Security and Medicare, but those
programs also threaten to bankrupt us as a nation.
Anyone that believes that there is a “quick fix” to these issues is being
naive.
The “supercommittee” was supposed to address
this problem, but they failed so spectacularly that they have become a national
joke.
Sadly, most of our politicians just keep kicking the
can down the road. They hope that somehow things will just magically “work out”.
Well, the truth is that things are not going to “work out”. The poverty level
among the elderly is going to continue to increase. Pension plans all
over this nation are going to continue to fail in staggering numbers.
Social Security and Medicare are going to bleed more red ink with each passing
year.
Something should have been done about this problem a
long, long time ago.
But it wasn’t.
This crisis was ignored, dealing with it was put off
time after time and all the doomsayers were laughed at.
Now the crisis is here, and we are all going to pay
the price.’
Something Big Is Coming... and
It's Going to Be BAD Phoenix Capital... 11/18/2011 We have been getting MAJOR
warning signs of a collapse for months now. No less than the Bank of England,
the IMF, and legendary asset management firm Franklin Templeton have warned
that we are...
One Interesting Thing About
the Leading Indicators Report
The Wall Street Journal (Fri, Nov 18) { How about the most
interesting thing about ‘leading economic indicators’ from mooshy mish shedlock
is the weighting accorded M2 and stock prices [who seems to have forgotten his
own ‘unequivocal declaration’ ( Global Recession: Right Here,
Right Now at Minyanville Mike Shedlock Sep
02, 2011 ) which by the
way was correct –almost, actually a depression- and now equivocates saying ‘I
would agree that a slip back into recession in the 4th quarter is unlikely,
assuming of course it is even possible. Bear in mind, we have not had an
official end of this recession declared yet.’ I believe mish mosh shedlock is a
lightweight (link to ‘huffington post’? What’s up with that?) but he does
include the following excerpt from Chris Puplava which is important, infra
(Burt Domen and David Rosenberg are the ‘real deal’ - 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…’, David Rosenberg: “It’s Time To
Start Calling This For What It Is: A Modern Day Depression” Zero
Hedge , David Rosenberg On The
Depression, The ECB, MF Global As A Canary In The Coalmine... All With A
Surprise Ending Durden, This is No Cyclical Recession…
It is a Secular DE-pression Phoenix Capital
Research) :
‘Chris
Puplava took a good hard look at the LEI in Fool Me
Once, Shame on You. Fool Me Twice, Shame on Me.
One
of the things that many market commentators and research houses have pointed at
to support their bullish outlook on the stock market are the leading economic
indicators. I have had the sneaky suspicion that the aggressive and
unprecedented actions on the part of the Fed have played a significant role in
the LEI given a misleading signal as to an economic turnaround it is
forecasting, while the economic components would likely paint a different
picture. It is important to understand the makeup of the Conference Board’s
Leading Economic Index (LEI) and the weights that each component makes up of
the LEI. Below is the breakdown of the ten indicators that make up the LEI and
their respective weights in the index. As seen below, the three financial
indicators make up approximately 50% of the LEI while the seven economic
components make up the other 50%, with the M2 money supply alone making up
35.8% of the total LEI. Money makes the world go round, I guess, according to
the LEI.
http://1.bp.blogspot.com/_nSTO-vZpSgc/Ss2QhpYTrCI/AAAAAAAAHBw/aXOmraxEhEc/s400/LEI+components.png
Shown below are the YOY rate of change growth rates in the Conference Board’s
LEI and my indexes of the economic and monetary components separated out. What
is a clear take away is that the monetary LEI is doing the heavy lifting as the
economic LEI remains in negative territory.
What you can also see is that beginning in the 1980s the growth rate between
the monetary and economic LEI began to show a greater disparity in their growth
rates than they did in the 1970s. What this would tend to imply is that a
greater level of monetary stimulus measures were needed to translate into
improved economic growth rates. This aligns with the second chart below that
shows the dollar increase in debt per dollar increase in GDP, which shows
higher amounts of debt were needed to produce a dollar of GDP, and we are fast
approaching the “Zero Hour” in which rising debt does not translate into
increased economic growth, or the “pay the piper” moment for our economy.
http://4.bp.blogspot.com/_nSTO-vZpSgc/Ss2R7PXY8qI/AAAAAAAAHB4/vCLw0ub9wzY/s400/LEI-YY-%25change.png
Zero Hour - Debt Fails To Add To GDP
http://4.bp.blogspot.com/_nSTO-vZpSgc/Ss2SVk6uicI/AAAAAAAAHCA/b69hK64Ycto/s400/Zero+Hour.png
Further illustrating the notion that it is taking record stimulus just to keep
growth going is the YOY growth rate difference between the Monetary LEI and the
Economic LEI, with the disparity between the two growth rates at the highest
level in the last half century.
http://2.bp.blogspot.com/_nSTO-vZpSgc/Ss2S_Aqy0rI/AAAAAAAAHCI/KZv4Rc8hAR0/s400/LEI-YY-%25change2.png
The above charts simply illustrate that our economy is fundamentally weak and
instead of allowing our economy to sober up after its debt binge, our monetary
and governmental authorities are trying to keep the economy drunk and chugging
along, using greater amounts of monetary alcohol than ever before…’
Something Big Is Coming... and
It's Going to Be BAD Phoenix Capital... 11/18/2011 ‘We have been getting MAJOR
warning signs of a collapse for months now. No less than the Bank of England,
the IMF, and legendary asset management firm Franklin Templeton have warned
that we are... Something major is occuring in the markets today.The US economy
peaked in 2007. However, throughout much of 2008, the stock market continued to
rally despite the economic collapse as well as the financial system
imploding.Throughout this period the credit markets jammed up and implied
something VERY BAD was in the system. However, stock investors continued to
pile into stocks because, well, frankly stocks always are the last to "get
it."And when stocks finally did get it... it was quite a thing.This same
environment is occurring today. Only this time the collapse is sovereign in
nature: entire countries are going bust.We have been getting MAJOR warning
signs of a collapse for months now. No less than the Bank of England, the IMF,
and legendary asset management firm Franklin Templeton have warned that we are
facing an epic, hellish crisis.We got the first taste of this in August when
the S&P 500 literally wiped out a year's worth of gains in two weeks The
only thing that brought us back from the brink at that time was the belief that
the EU mess might be solvable and a coordinated intervention from the world
Central Banks.We then had a spirited rally as the Fed and central banks went
"all in" to force the stock market above its 200-DMA.This final
"hurrah" has failed and the financial system is literally imploding.
The EU will be broken up in the next month or so and it is highly likely
Germany will back out of the Euro altogether.Moreover, the world central banks
are now totally out of ammunition. They've spent Trillions of Dollars in
bailouts, abandoned accounting standards, and even moved TRILLIONs in garbage
debt onto the public's balance sheet.None of this has worked. The credit
markets are jammed up just like in 2008. Italy, the third largest bond market
in the world, is on the verge of default. No one wants to fund the EFSF. China
is entering a hard landing and economic collapse. The US is in a clear
depression.And on and on.This is the single most dangerous market environment
of our lifetimes. We are entering a period of massive wealth destruction.
We will see bank holidays and civil unrest. We will see sovereign defaults. We
will see temporary shortages in various goods and services.So if you have not
already taken steps to prepare for systemic failure, you NEED to do so NOW.
We're literally at most a few months, and very likely just a few weeks from
Europe's banks imploding…’
Train Reading: Does Water
Prevent Dehydration? The EU Says No. The Wall Street Journal [
Wow! Talk about things that don’t matter! Yeah … like pervasively corrupt,
defacto bankrupt america, the eu’s lost its shine … maybe, employing an
american strategy, they were just try to sell more of their ‘gatorade
knockoff’! ]
The next financial crisis will
be hellish, and it’s on its way Nov 17th, 2011 (Forbes) —‘ “There is definitely going to be
another financial crisis around the corner,” says hedge fund legend Mark Mobius, “because we haven’t solved any of the things that
caused the previous crisis.”We’re raising our alert status for the next financial crisis.
We already raised it last week after spreads on U.S. credit default swaps
started blowing out. We raised it again after seeing the remarks of Mr. Mobius,
chief of the $50 billion emerging markets desk at Templeton Asset Management…”Prior to the bursting of the credit bubble, the public was
shocked to learn that our biggest investment banks were levered 30-to-1. When
asset values fell, those banks were quickly wiped out. But now the Fed is
holding many of the same types of assets and is levered 51-to-1! If the value
of their portfolio were to fall by just 2%, the Fed itself would be wiped out.”[source]’
The next financial crisis will
be hellish, and it’s on its way
http://news.yahoo.com/next-financial-crisis-hellish-way-204303737.html Addison Wiggin | Forbes – Wed,
Nov 16, 2011’ "There is definitely going to be another
financial crisis around the corner," says hedge fund legend Mark Mobius,
"because we haven't solved any of the things that caused the previous
crisis."
We're raising
our alert status for the next financial crisis. We already raised it last week
after spreads on U.S. credit default swaps started blowing out. We raised
it again after seeing the remarks of Mr. Mobius, chief of the $50 billion
emerging markets desk at Templeton Asset Management.
Speaking in
Tokyo, he pointed to derivatives, the financial hairball of futures, options,
and swaps in which nearly all the world's major banks are tangled up.
Estimates on
the amount of derivatives out there worldwide vary. An oft-heard estimate is
$600 trillion. That squares with Mobius' guess of 10 times the world's annual
GDP. "Are the derivatives regulated?" asks Mobius. "No. Are you
still getting growth in derivatives? Yes."
In other
words, something along the lines of securitized mortgages is lurking out there,
ready to trigger another crisis as in 2007-08.
What could it
be? We'll offer up a good guess, one the market is discounting.
Seldom does a
stock index rise so much, for so little reason, as the Dow did on the open
Tuesday morning: 115 Dow points on a rumor that Greece is going to get a second
bailout.
Let's step
back for a moment: The Greek crisis is first and foremost about the German and
French banks that were foolish enough to lend money to Greece in the first
place. What sort of derivative contracts tied to Greek debt are they sitting
on? What worldwide mayhem would ensue if Greece didn't pay back 100 centimes on
the euro?
That's a
rhetorical question, since the balance sheets of European banks are even more
opaque than American ones. Whatever the actual answer, it's scary enough that
the European Central Bank has refused to entertain any talk about the holders
of Greek sovereign debt taking a haircut, even in the form of Greece stretching
out its payments.
That was the
preferred solution among German leaders. But it seems the ECB is about to get
its way. Greece will likely get another bailout — 30 billion euros on top
of the 110 billion euro bailout it got a year ago.
It will
accomplish nothing. Going deeper into hock is never a good way to get out of
debt. And at some point, this exercise in kicking the can has to stop. When it
does, you get your next financial crisis.
And what of
the derivatives sitting on the balance sheet of the Federal Reserve? Here's
another factor behind our heightened state of alert.
"Through quantitative easing efforts alone," says
Euro Pacific Capital's Michael Pento, "Ben Bernanke has added $1.8
trillion of longer-term GSE debt and mortgage-backed securities (MBS)."
Think about
that for a moment. The Fed's entire balance sheet totaled around $800 billion
before the 2008 crash, nearly all of it Treasuries. Now the Fed holds more than
double that amount in mortgage derivatives alone, junk that the banks needed to
clear off their own balance sheets.
"As the
size of the Fed's balance sheet ballooned," continues Mr. Pento, "the
dollar amount of capital held at the Fed has remained fairly constant. Today,
the Fed has $52.5 billion of capital backing a $2.7 trillion balance sheet.
"Prior to
the bursting of the credit bubble, the public was shocked to learn that our
biggest investment banks were levered 30-to-1. When asset values fell, those
banks were quickly wiped out. But now the Fed is holding many of the same types
of assets and is levered 51-to-1! If the value of their portfolio were to fall
by just 2%, the Fed itself would be wiped out."
Mr. Pento's
and Mr. Mobius' views line up with our own, which we laid out during interviews on our
trip to China this month.
An Eye on the Next Financial
Crisis by Addison Wiggin originally appeared in
the Daily
Reckoning.’
Tighter Credit Suggests Stocks
Should Fall The Wall
Street Journal ‘All in all, the US stock-market selloff of the past
couple of days has not been nearly as bad as it could have been, given that
credit-market stress indicators are pushing to levels not seen since the
2008-09 crisis.
It might only
be a matter of time before stocks catch up, however.
The US market
has been buoyed by a string of better-than-expected economic reports that have
helped encourage the belief that the US is a relatively safe haven, insulated from
the problems of Europe.
But these data
are coincident, or lagging, data at best, warns Mike Darda of MKM Partners.
Leading indicators are found in the credit markets and are pointing to tighter
financial conditions — and lower stock prices — in the future:
Pressures on sovereign debt markets in Europe have
created concerns about collateral and capital in the European banking
system, pushing funding spreads sharply wider (two-year
euro interest rate swap spreads hit 114 bps today, a new 2011
high and not far from the October 2008 peak of 126 bps).
These pressures are also affecting the U.S.
financial system and credit markets. Two-year interest rate swap
spreads in the U.S. have hit new 2011 highs above 50 bps;
three-month FRA/OIS spreads (based on expectations of LIBOR
settings) hit 70 bps today. Three-month dollar LIBOR has set
higher every day since late July.
Although U.S. credit markets are not nearly in the
condition that European credit markets are, they are nonetheless
deteriorating, which is one reason we should not take too much comfort in
recent coincident data on sales and production that have yet to reflect the
tighter financial conditions now in place.
U.S. short-term funding indicators suggest
corporate-quality spreads could rise by more than 40%, a move that would
likely spark at least a 10%-15% decline in the S&P 500 from
current levels. FRA/OIS
spreads tend to lead corporate spreads by about one month. They also have led
the S&P 500 equity index by about that interval over most of the last
two years. At current levels (near 70 bps), the FRA/OIS spreads suggest
corporate spreads will widen by 40-50%. This would be tantamount to
Baa/Aaa spreads rising to 190 bps from 127 bps, which would mark
new highs for the year.
A similar surge in high yield spreads from here
would place them at 669 bps, also new highs for the year.
The S&P 500 equity index, which tends to move inversely
to the level of credit spreads, would most likely decline by at
least 10%-15% if this scenario unfolds, which would place
the S&P 500 back below 1100.
As for the recent patch of
stronger-than-expected economic data, let’s not forget that real GDP expanded by 3.6%
in Q207 and then by 3% in Q307, right as the business
cycle peaked. Credit markets and financial conditions lead
the business cycle; coincident data tell us where we are or have
been. At turning points, coincident data—which
tend to be extrapolated forward by Wall Street forecasters—can be
misleading. And costly.’
The Chart
That Trumps Analysts Call for a Year-End Rally Simon Maierhofer | ETFguide
What do Tiger
Woods and Bill Miller have in common? — Abnormal
Returns { So absolutely preposterous is the notion (as per this
article) of comparison of golf / golfers, to stock trading / traders, I felt
compelled to comment here for the record. I’ve always viewed golf /
golfers in a favorable light. Indeed, as kids we literally ‘did everything’ at the affluent ‘Arcola Country Club’ [which bordered the ‘Rainbows End’ riding stables (horses)
for hire to the public]. From hunting, to fishing, to sleigh-riding, to
ice-skating / hockey, to campfires on the ice at night, to of course, golfing ‘the back-nine’ with golf balls amply
supplied from ‘the rough’, we were ‘tacitly approved’ interlopers whose occasional interaction with the
extremely civilized affluent members was always amicably cordial and a
pleasure. While I always liked golf and admire the skill involved, I hardly
considered it a ‘sport’ per se (and for me and my body type, insufficient
exercise for the amount of time spent). Rather, I thought of golf as a
gentleman’s
indulgent diversion, and the golf course itself a place of peaceable beauty.
Those are good things. On the other hand, traders and wall street particularly
are so sordid and despicable so as to make any such comparisons a stretch at
best and sheer nonsense at worse. There are very few successful traders over
time as probabilities eventually catch up. Moreover, ‘inside help’ / connections eventually
(except for the biggest frauds – ie., the big [ still unprosecuted ] boys, ie.,
goldmans, et als) dry up, fade away like old (mafia foot) soldiers.
Additionally, the high volume computerization / programmed / manipulated High
Frequency Trading have left most not connected to said churn-and-earn scam /
fraud in the dust. No … do not insult golfers by comparing them with
traders; and, do not disparage golf by speciously comparing it to trading or
any other sordid activity connected to fraudulent wall street; they are as
dissimilar as ‘day and night’. }
What do financial
stocks and Russian roulette have in common? — Reformed
Broker
The Super
Committee’s
worst-case scenario — The
Atlantic
Should some
bankers be prosecuted? — New York
Review of Books
Learning to
love a lost decade — FT
Alphaville
ADP chief’s exit followed SC arrest
—
Footnoted
Live updates
of Occupy Wall Street today, with videos, photos — The
Atlantic, New York
Times
The markets
are getting nothing for Christmas — Market
Anthropology
The ECB’s monetary policy game
for the iPhone is suitably policy constricted — Reuters
Large Hadron
Collider may have found crack in modern physics — Wired
Stocks sink after Fitch warns
on US bank exposure AP
Citi Economist Warns of
Imminent Spanish, Italian Default The Wall Street Journal (11-16-11)
Euro-Dollar Basis Swap Cost at
2008 Crisis Levels The Wall Street Journal
Financials Drag Market Lower,
Fitch Raises Doubts About Euro Hedge Effectiveness The Wall
Street Journal Gongloff (11-16-11)
Stocks
Making Risky Bet on Massive ECB Money Printing The Wall Street Journal
Bob Chapman: Surviving The
Banker Sociopaths The Alex Jones Channel | Alex talks with regular
Friday guest Bob Chapman of the International Forecaster.
Ignore
The Noise Of High Frequency Trading Forbes Ken Kamen [ Unfortunately, though not a perfect
analogy, that’s like having said, ignore dillinger, sutton, etc., because the
banks will still be open the next day (after their robberies). The problem is
that ‘money’ siphoned off by the ‘churn-and-earn’ has to come from some place;
viz., ie., main street, tax payers, etc.. Dave’s Daily http://www.etfdigest.com ‘Perhaps this is now the “no news is good
news” market since a rally on Berlusconi’s resignation is beyond irrational.
But, we’re long so I shouldn’t complain too much even though emotionally there
isn’t much to like overall. The only bullish thing is the action of the tape
and this is the season when bulls can make their year. Speaking of HFTs and
algos, HFT issues are thoroughly covered with HFT Alert founder
Steve Hammer and myself in the video interview below. The presentation contains
two parts: the first outlines HFT basics—how they work and their controversial
impact on financial markets. The second part we discuss how traders can benefit
or make money by using HFT Alert’s unique trading services. http://www.youtube.com/watch?feature=player_embedded&v=NzfmT4vGXZY
[ ‘Off to the golf course’, indeed. Those are Mr. Hammer’s concluding remarks.
Not because he’s a trader, but because he’s selling this ‘very functional in
terms of what’s going on’ package. The truth is that even today, at lightning
speeds, there are very few successful traders (as distinguished from investors,
and there is a huge distinction, though much less so today)(over the longer
term and is akin to the apposite old adage, ‘you can win a race but you can’t
win at the races’). Indeed, some companies / brokerages employ them just for
the volume / commissions they produce. Most telling, in this video, is the
beginning wherein it’s explained that in literally a second(s), mere quotes can
give rise to revenue (as with commissions, pieces of the action) which has to
come from someplace. The problem is that ultimately, this ‘churn-and-action’
computer programmed action at ‘lightning speed’ is parasitic inasmuch as it is
without any economic utility whatsoever in real economic terms as are
commissions in ‘after-market stock trading’ (as distinguished from initial
ipo’s) that are tantamount to a tax on the real economy; hence, the benefit to
the frauds on wall street at the expense of and to the detriment of main
street, taxpayers, and the populace in general, as we’ve seen and continue to
see. ‘Remember, there is no modern day alchemy that spins worthless paper
into gold except fraudulently for the frauds on wall street who’ve literally
oftimes done exactly that; ‘cashing out’ for hard currency and gold, precious
metals, at everyone else’s expense including main street. They’re just not that
important and represent, like termites eating away at the nation’s foundation,
a drag on the economy, the nation as one would expect from parasites such as
they are’. What to Expect Next From the
Markets Minyanville Jeffrey Cooper ‘Conclusion:
It looks like a program was run using the least amount of dollars to goose the
indices by focusing on some big cap names like Apple, Amazon, Baidu, IBM, and
Caterpillar { Dave’s Daily:’..
The HAL 9000s have been doing
business as HFTs (High Frequency Traders) launching many buy or sell programs
using complex algorithms which can drive prices on indexes higher or lower in
dramatic fashion. One of their great acts is called "quote stuffing".
It's another illegal activity which the SEC hasn't quite figured out. It's as
futile for them as the illegal fee-driven recent end-of-quarter price
jam-job..’} Then there’s the fed complicity in these various wall street scams
by way of QE’s / dollar debasement which of course benefits the frauds on wall
street to the detriment of literally everyone else. ]So, as indicated stock prices shot higher on the
Berlusconi news. Gold prices saw some profit-taking, the dollar was weaker,
commodities stronger and bonds weaker.Volume was on the light side and breadth
per the WSJ was quite positive…’ ]
This is No Cyclical Recession…
It is a Secular DE-pression Phoenix Capital Research
on 11/09/2011 [ Mr. Summers is quite right! That’s reality! ]To put US
household debt levels into a historical perspective, in order for US households
to return to their long-term average for leverage ratios and their historic
relationship to GDP growth we’d need to write off between $4-4.5
TRILLION in household debt (an amount equal to about 30% of total household
debt outstanding).
Do
Valuation Metrics Still Apply or Has The Market Become Untradable? Simon
Maierhofer Etf Guide [ Short answers: No and yes the market has become ‘untradable’ for investors. I would add that the ‘debased dollar policies’ (ie., QE’s, overprinting of paper currencies / dollars, etc.)
enable sales / revenues to be booked with ‘more’ of the inflated dollars relative
to costs booked at the ‘fewer / greater value’ dollars which spikes earnings but leads to the
inevitable margin erosion when the reported costs ‘catch up’ in terms of inflated ‘Weimar’ dollars. Hence, even the averages
when deflated for real inflation (see Faisal infra) show a far less sanguine
picture (than say, hard assets, ie., gold, etc.). Even more important is the
effect of the HFT programmed trades (the current article follows):…
Hit With Big Withdrawals, Fed
Sells Assets, Borrows Cash ilene : 11/06/2011
- 17:13 We'll have to see what hits the fan this week.
Dave’s Daily http://www.etfdigest.com ‘Perhaps this is now the “no news is good news” market since a rally on
Berlusconi’s
resignation is beyond irrational. But, we’re long so I shouldn’t complain too much even
though emotionally there isn’t much to like overall. The only bullish thing is the
action of the tape and this is the season when bulls can make their year.
Speaking of HFTs and algos, HFT issues are thoroughly covered with HFT Alert founder Steve Hammer and myself in the video
interview below. The presentation contains two parts: the first outlines HFT
basics—how
they work and their controversial impact on financial markets. The second part
we discuss how traders can benefit or make money by using HFT Alert’s unique trading
services.
http://www.youtube.com/watch?feature=player_embedded&v=NzfmT4vGXZY
[ ‘Off to the golf course’, indeed. Those are Mr.
Hammer’s
concluding remarks. Not because he’s a trader, but because he’s selling this ‘very functional in terms
of what’s
going on’
package. The truth is that even today, at lightning speeds, there are very few
successful traders (as distinguished from investors, and there is a huge
distinction, though much less so today)(over the longer term and is akin to the
apposite old adage, ‘you can win a race but you can’t win at the races’). Indeed, some companies
/ brokerages employ them just for the volume / commissions they produce. Most
telling, in this video, is the beginning wherein it’s explained that in
literally a second(s), mere quotes can give rise to revenue (as with
commissions, pieces of the action) which has to come from someplace. The
problem is that ultimately, this ‘churn-and-action’ computer programmed action at ‘lightning speed’ is parasitic inasmuch as
it is without any economic utility whatsoever in real economic terms as are
commissions in ‘after-market stock trading’ (as distinguished from
initial ipo’s)
that are tantamount to a tax on the real economy; hence, the benefit to the
frauds on wall street at the expense of and to the detriment of main street,
taxpayers, and the populace in general, as we’ve seen and continue to
see. ‘Remember, there is no modern
day alchemy that spins worthless paper into gold except fraudulently for the
frauds on wall street who’ve literally oftimes done exactly that; ‘cashing out’ for hard currency and
gold, precious metals, at everyone else’s expense including
main street. They’re just not that important and represent, like
termites eating away at the nation’s foundation, a drag
on the economy, the nation as one would expect from parasites such as they are’. What to Expect Next From the
Markets Minyanville Jeffrey Cooper ‘Conclusion: It looks like a program was run using the least
amount of dollars to goose the indices by focusing on some big cap names like
Apple, Amazon, Baidu, IBM, and Caterpillar { Dave’s Daily:’.. The HAL 9000s have been doing business as HFTs (High
Frequency Traders) launching many buy or sell programs using complex algorithms
which can drive prices on indexes higher or lower in dramatic fashion. One of
their great acts is called "quote stuffing". It's another illegal
activity which the SEC hasn't quite figured out. It's as futile for them as the
illegal fee-driven recent end-of-quarter price jam-job..’} Then there’s the fed complicity in these
various wall street scams by way of QE’s / dollar debasement which of
course benefits the frauds on wall street to the detriment of literally
everyone else. ]
So, as indicated stock
prices shot higher on the Berlusconi news. Gold prices saw some profit-taking,
the dollar was weaker, commodities stronger and bonds weaker.Volume was on the
light side and breadth per the WSJ was quite positive…’
Barclays Says Italy Is
Finished: "Mathematically Beyond Point Of No Return"Durden on 11/08/2011
12 Reasons To Be Extremely
Pessimistic About The Direction That The Economy Is Headed The American Dream
November 2, 2011 ‘Do you want to feel optimistic about the U.S.
economy? If so, you might not want to read the rest of this
article. In many areas of the United States today, you can almost smell
the fear and the anxiety in the air. Survey after survey has found that
the American people are extremely pessimistic about the direction the economy
is headed. In fact, many recent surveys have found that economic
pessimism is at the highest levels ever recorded. There has been an
astonishing loss of faith in the system. In general, people are extremely
dissatisfied with how things are going right now, and they do not believe that
things will get better any time soon. When the majority of the population
starts losing hope like that, it creates a very unstable economic
environment. Once people are gripped by desperation, they start behaving
much differently. Desperate people do desperate things, and we are
already starting to see this in many parts of the country.
It would be
great if there was some reason to be optimistic about things, but our leaders
continue to pursue the same failed policies that got us into this mess in the
first place.
The statistics
that you are about to read should alarm you. The American people have
gotten it into their heads that things are bad and that they are going to get
even worse.
Unfortunately,
the American people are correct about that.
The following
are 12 reasons to be extremely pessimistic about the direction that the economy
is headed right now….
#1 A big chunk of the American people are flat
broke. According to one recent survey, one-third of all Americans say that they
have absolutely no spare cash.
#2 The budgets of American families are being stretched
incredibly thin and the savings rate is going down again. In fact, the
savings rate in September was the lowest that it has been since December 2007.
#3 Back in 2001, Gallup began asking Americans about
how they feel about the state of their own personal finances. In October,
Gallup once again asked this question, and 22 percent of the respondents rated their
personal financial situations as “poor”. That is the highest number that Gallup has
ever seen. In addition, the gap between the number of Americans that said
that their finances were “getting worse” and the number of Americans that said their finances
were “getting
better”
was also the largest that Gallup has ever seen.
#4 Overall, Americans are very depressed about the
state of the U.S. economy. According to a recent Associated Press-GfK
poll, 43 percent of all Americans believe that the
economy is in “very poor” shape.
#5 Big corporations continue to lay off more American
workers. For example, Whirlpool has just announced that it will be
slashing 5,000 more jobs in the United States and
Europe.
#6 Americans seem to have an incredibly dim view of the
job market. One recent survey discovered the following….
This month, just 9% of Americans would rate the job
market of their region of the nation as good while 67% would rate it as bad and
one-quarter (24%) say it is neither good nor bad.
#7
If nearly all Americans believe that something bad is going to happen, does
that make it more likely that it actually will happen? A recent IBOPE
Zogby Interactive Poll found that 95 percent of all Americans are “somewhat concerned” or “very concerned” that we are headed for a
double-dip recession.
#8
The American people are also overwhelmingly pessimistic about the housing
market. In fact, the same IBOPE Zogby Interactive Poll referenced above
found that 89 percent of all Americans are “somewhat concerned” or “very concerned” that there will be an
increase in foreclosures over the next two years.
#9
Older Americans tend to be cranky in general, but the amount of pessimism that
they are exhibiting about the economy right now is absolutely stunning.
The following comes from a recent article in the Huffington Post….
Older workers are gloomier about the economy now than
they were last year.
Nearly two thirds of workers older than 50 first
surveyed by AARP’s Public Policy Institute in 2010 said things had
gotten worse by the time the senior lobbying powerhouse followed up in August.
Fewer than one in 10 said their view of the economy had improved. The rest said
things had stayed the same.
#10
The consensus among the American people seems to be that the economy will get
even worse leading up to the election in 2012. The following is
what one recent telephone survey discovered….
By a 49%-35% margin, Americans say they expect the
U.S. economy to worsen between now and the November 2012 presidential election.
#11
The U.S. national
debt is an anchor around our necks that just gets heavier and
heavier as time goes by. The U.S. government is now about 15 trillion
dollars in debt, and a recent Allstate-National Journal poll discovered
that 79 percent of all Americans “believe the federal debt
and deficit have a meaningful impact on their personal finances.”
#12
The financial crisis in Europe just seems to get worse by the day. The United States is already
teetering on the edge of an economic disaster, and if Europe experiences a big
time financial crash it seems extremely unlikely that we would be able to avoid
another major recession.
Things simply do not look very promising for the
economy right now.
As I wrote about recently, there are a lot of signs
that the American people are already extremely angry and frustrated by what is
happening to the economy.
So what is going to happen if things get
significantly worse?
Unfortunately, there simply are not any “quick fixes” which are going to put
us back “on
course”.
The consequences that we are experiencing now are the result of decades of bad
decisions. The American people kept sending incompetents, con men and
charlatans back to Washington D.C. over and over and over and now we are going
to pay the price.
The prosperity of the last 30 years was a false
prosperity. We squandered our national inheritance and we lived the “high life” by piling up mountains
of debt unlike anything that the world has ever seen before.
In the end, there is always a very high price for “living for today” at the expense of the
future. Tomorrow always ends up arriving way too soon, and future
generations will curse us for being so foolish.
The party was great while it lasted, but it is coming
to an end.
A whole lot of economic trouble is on the horizon,
and it is going to be very, very painful.’
Don't Be Fooled - Here's The
Real Reason For This Week's Meltdown – ETFguide Simon
Maierhofer, 11-1-11
‘A picture says more than a thousand words and a chart explains
more than a thousand analysts' opinions (literally). Profitable investing
depends on the credibility of your research sources. This article will contrast
the one chart that's predicted every recent turn weeks in advance and
conventional Wall Street wisdom.
Wall
Street 'Wisdom'
Wall Street
made us believe that last Thursday's 3% rally across the board - Dow Jones
(DJI: ^DJI), S&P (SNP: ^GSPC), Nasdaq (Nasdaq: ^IXIC), banks (NYSEArca: KBE - News), financials (NYSEArca: XLF - News), technology (NYSEArca: XLK - News), you name it - was because of a
comprehensive European (NYSEArca: VGK - News) debt deal that would solve all problems.
Here are some
of the headlines that reflect Wall Street's 'wisdom:'
Forbes:
'Europe three-point debt salvation plan lets bulls free'
Breakout:
'Don't fight the rally: Stocks soar after Europe deal'
Reuters: 'Wall
Street soars on hopes EU finally has a fix'
ETFTrends:
'S&P 500 ETFs rally over the 200-day average opens door for year-end rally'
(more about the significance of the 200-day average in a moment)
Zachs:
'S&P 1,350 is not a stretch'
Even Greece's
Prime Minister George Papandreou was moved to confirm that: 'The debt is
absolutely sustainable now. Greece can settle its accounts from the past now,
once and for all.'
Today, news
that Greece could default on its debt and drop out of the European currency hit
the fan.
Trend
Following Technicals Turn Up
In all
fairness, trend following technicals did turn up. It was even possible to
interpret the market's push as a technical breakout. The October 30 ETF Profit
Strategy update acknowledged and warned that: 'Trend following technicals,
momentum, sentiment and seasonality suggest higher prices. But trend following
technicals can be treacherous and we'll do well to view this rally with
suspicion.'
In addition to
just being suspicious, the update recommended to go short if the S&P falls
below 1,270. S&P 1,270 is not just some random number, it was crucial
support. The chart below, featured in the October 14 ETF Profit Strategy
Newsletter, shows why:
The Most
Reliable Roadmap
The chart
shows several distinct parallels between the 2007/08 market top and today.
https://www.etfguide.com//contributor/UserFiles/8/Image/222.gif
1) In 2007/08
the S&P touched the yellow trend line twice before slicing through it. The
same occurred in 2011.
2) A break
below the yellow trend line in 2008 led to a freefall decline. The same
occurred on August 2, 2011. On July 31, the ETF Profit Strategy update warned
that: 'A break below the 200-day SMA and the trend line may trigger panic
selling.'
3) The initial
2008 low was followed by sideways trading and another low. The same occurred in
2011. The August 9 low at S&P 1,102 was followed by another low on October
4 at 1,077.
The October 2
ETF Profit Strategy update expected this low and foretold that: 'The ideal
market bottom would see the S&P dip below 1,088 intraday, followed by a
strong recovery and a close above 1,088.'
4) This low
was followed by a retest of the yellow trend line in 2008. The equivalent 2011
yellow trend line ran through S&P 1,270.
The October 2
update stated that: 'From a technical point of view this counter trend rally
should end somewhere around 1,275 - 1,300.'
The October 14
update warned that it wouldn't 'feel' right to short the S&P above 1,270:
'By the time the S&P gets to rendezvous with the yellow trend lines,
optimism (at least to a certain degree) will be back and the media will
probably tell us that a larger European debt crisis has been averted. It will
take a strong contrarian conviction to short the markets at that time.'
Of course
there's more to investing than blindly following a previous pattern that may or
may not come true.
But as long as
other research components such as seasonality and sentiment confirmed what the
2008 outline predicted, there was no reason to doubt it.
The
Bottom Might Fall Out
Based solely
on the 2008 script, stocks are due for much lower prices…’
Nobel Prize-Winning Economist:
“War Is Widely Thought To Be Linked To Economic Good Times … NONSENSE”
Washington’s
Blog | Contrary to a Common Myth, War is Bad for the Economy Washington’s Blog
November 1, 2011
Contrary
to a Common Myth, War is Bad for the Economy
Nobel prize
winning economist Paul Krugman wrote yesterday:
Military spending does create jobs when the economy
is depressed. Indeed, much of the evidence that Keynesian economics works comes
from tracking the effects of past military buildups.
(Mr. Krugman has said the same thing many times in the past. And many other influential people havesaid the same thing.)
I am not a Nobel prize winning economist … but Joseph
Stiglitz is.
Stiglitz wrote in 2003:
War is widely thought to be linked to economic good
times. The second world war is often said to have brought the world out of
depression, and war has since enhanced its reputation as a spur to economic growth.
Some even suggest that capitalism needs wars, that without them, recession
would always lurk on the horizon.
Today, we know that this is nonsense. The 1990s boom
showed that peace is economically far better than war. The Gulf war of 1991
demonstrated that wars can actually be bad for an economy.
Stiglitz has also said that this decade’s Iraq war has
been very bad for the economy. See this, this andthis.
This is a no-brainer, if you think about it.
We’ve been in Afghanistan for almost twice as
long as World War II. We’ve been in Iraq for years longer than WWII. We’ve been involved in 7
or 8
wars in the last decade. And yet still in a depression. (And see
this).
If wars really helped the economy, don’t you think things would
have improved by now?
Indeed, the Iraq war alone could end
up costing more than World War II. And given the other wars we’ve been involved in this
decade, I believe that the total price tag for the so-called “War on Terror” will definitely support
that of the “Greatest
War”.
The New Republic noted in 2009:
Conservative Harvard economist Robert Barro has
argued that increased military spending during WWII actually
depressed other parts of the economy.
Also from the right, Robert Higgs has done good work
showing that military spendingwasn’t the primary source of the recovery and that GDP growth
during WWII has been “greatly exaggerated.”
And from the left, Larry Summers and Brad
Delong argued back in 1988 that “five-sixths of the decline in output relative to the
trend that occurred during the Depression had been made up before 1942.”
Economist James Galbraith has shown that war always causes inflation,
which hurts the average American:
Inflation applies the law of the jungle to war
finance. Prices and profits rise, wages and their purchasing power fall. Thugs,
profiteers and the well connected get rich. Working people and the poor make
out as they can. Savings erode, through the unseen mechanism of the “inflation tax” — meaning that the
government runs a big deficit in nominal terms, but a smaller one when
inflation is factored in.
(Ben Bernanke says that inflation is a tax, and Dylan
Grice notes that inflation causes societies to prosecute minorities.
And –
sorry –
but we can’t inflate our way out of our
debt trap.)
As I noted
last year:
All of the spending on unnecessary wars adds up.
The U.S. is adding trillions to its debt burden to
finance its multiple wars in Iraq, Afghanistan, Yemen, etc.
Two top American economists – Carmen Reinhart and
Kenneth Rogoff – show that the more indebted a country is, with a
government debt/GDP ratio of 0.9, and external debt/GDP of 0.6 being critical
thresholds, the more GDP growth drops materially.
Specifically, Reinhart and Rogoff write:
The relationship between government debt and real GDP
growth is weak for debt/GDP ratios below a threshold of 90 percent of GDP.
Above 90 percent, median growth rates fall by one percent, and average growth
falls considerably more. We find that the threshold for public debt is similar
in advanced and emerging economies…
Indeed, it should be obvious to anyone who looks at
the issue that deficits do matter.
A PhD economist [Michel Chossudovsky] told me:
War always causes recession. Well, if it is
a very short war, then it may stimulate the economy in the short-run. But if
there is not a quick victory and it drags on, then wars always put the nation
waging war into a recession and hurt its economy.
You know about America’s unemployment problem.
You may have even heard that the U.S. may very well have suffered a permanent destruction of jobs.
But did you know that the defense employment sector
is booming?
As I pointed
out in August, public sector spending – and mainly defense
spending –
has accounted for virtually all of the new job creation in the past 10 years:
The U.S. has largely been financing job creation for
ten years. Specifically, as the chief economist for BusinessWeek, Michael
Mandel, points out, public spending has accounted for virtually all new job
creation in the past 10 years:
Private sector job growth was almost non-existent
over the past ten years. Take a look at this horrifying chart:
http://www.businessweek.com/the_thread/economicsunbound/archives/longjobs1.gif
Between May 1999 and May 2009, employment in the
private sector sector only rose by 1.1%, by far the lowest 10-year increase in
the post-depression period.
It’s impossible to overstate how bad this is. Basically
speaking, the private sector job machine has almost completely stalled over the
past ten years. Take a look at this chart:
http://www.businessweek.com/the_thread/economicsunbound/archives/longjobs2.gif
Over the past 10 years, the private sector has
generated roughly 1.1 million additional jobs, or about 100K per year. The
public sector created about 2.4 million jobs.
But even that gives the private sector too much
credit. Remember that the private sector includes health care, social
assistance, and education, all areas which receive a lot of government support.
***
Most of the industries which had positive job growth
over the past ten years were in the HealthEdGov sector. In fact, financial job
growth was nearly nonexistent once we take out the health insurers.
Let me finish with a final chart.
http://www.businessweek.com/the_thread/economicsunbound/archives/longjobs4.gif
Without a decade of growing government support from
rising health and education spending and soaring budget deficits, the labor
market would have been flat on its back.
Indeed, Former Secretary of Labor Robert Reich lamented last year
America’s biggest — and only major — jobs program is the U.S. military.
Back to my essay:
Raw Story argues that the U.S. is building a largely
military economy:
The use of the military-industrial complex as a
quick, if dubious, way of jump-starting the economy is nothing new, but what is
amazing is the divergence between the military economy and the civilian
economy, as shown by this New York Times chart.
In the past nine years, non-industrial production in
the US has declined by some 19 percent. It took about four years for
manufacturing to return to levels seen before the 2001 recession — and all those gains were
wiped out in the current recession.
By contrast, military manufacturing is now 123
percent greater than it was in 2000 — it has more than doubled while the rest of the
manufacturing sector has been shrinking…
It’s important to note the trajectory — the military economy is
nearly three times as large, proportionally to the rest of the economy, as it
was at the beginning of the Bush administration. And it is the only
manufacturing sector showing any growth. Extrapolate that trend, and what do
you get?
The change in leadership in Washington does not
appear to be abating that trend…[121]
So most of the job creation has been by the public
sector. But because the job creation has been financed with loans from China
and private banks, trillions in unnecessary interest charges have been incurred
by the U.S.And this shows military versus non-military durable goods shipments:
http://marketoracle.co.uk/images/2010/Jan/us-collapse-18-11.gif
[Click here to view full image.]
So we’re running up our debt (which will eventually
decrease economic growth), but the only jobs we’re creating are military
and other public sector jobs.
PhD economist Dean Baker points out that America’s massive military
spending on unnecessary and unpopular wars lowers economic growth
and increasesunemployment:
Defense spending means that the government is pulling
away resources from the uses determined by the market and instead using them to
buy weapons and supplies and to pay for soldiers and other military personnel.
In standard economic models, defense spending is a direct drain on the economy,
reducing efficiency, slowing growth and costing jobs.
A few years ago, the Center for Economic and Policy
Research commissioned Global Insight, one of the leading economic modeling
firms, to project the impact of a sustained increase in defense spending equal
to 1.0 percentage point of GDP. This was roughly equal to the cost of the Iraq
War.
Global Insight’s model projected that after 20 years the economy
would be about 0.6 percentage points smaller as a result of the additional
defense spending. Slower growth would imply a loss of almost 700,000 jobs
compared to a situation in which defense spending had not been increased.
Construction and manufacturing were especially big job losers in the
projections, losing 210,000 and 90,000 jobs, respectively.
The scenario we asked Global Insight [recognized as
the most consistentlyaccurate forecasting company in the world] to model turned out
to have vastly underestimated the increase in defense spending associated with
current policy. In the most recent quarter, defense spending was equal to 5.6
percent of GDP. By comparison, before the September 11th attacks, the
Congressional Budget Office projected that defense spending in 2009 would be
equal to just 2.4 percent of GDP. Our post-September 11th build-up was equal to
3.2 percentage points of GDP compared to the pre-attack baseline. This means
that the Global Insight projections of job loss are far too low…
The projected job loss from this increase in defense
spending would be close to 2 million. In other words, the standard
economic models that project job loss from efforts to stem global warming also
project that the increase in defense spending since 2000 will cost the economy
close to 2 million jobs in the long run.
The Political Economy Research Institute at the
University of Massachusetts, Amherst has also shown that non-military spending creates more jobs than
military spending.
So we’re running up our debt – which will eventually
decrease economic growth – and creating many fewer jobs than if we spent the
money on non-military purposes.
As I wrote
last year:
It is ironic that America’s huge military spending
is what made us an empire … but our huge military is what is bankrupting us … thus destroying our
status as an empire.
Even Admiral Mullen seems to agree:
The Pentagon needs to cut back on spending.
“We’re going to have to do
that if it’s
going to survive at all,” Mullen said, “and do it in a way that is predictable.”
Indeed, Mullen said:
For industry and adequate defense funding to survive … the two must work
together. Otherwise, he added, “this wave of debt” will carry over from
year to year, and eventually, the defense budget will be cut just to facilitate
the debt.
Former Secretary of Defense Robert Gates agrees as
well. As David Ignatius wrote in the Washington Post in May:
After a decade of war and financial crisis, America
has run up debts that pose a national security problem, not just an economic
one.
***
One of the strongest voices arguing for fiscal
responsibility as a national security issue has been Defense Secretary Bob
Gates. He gave a landmark speech in Kansas on
May 8, invoking President Dwight Eisenhower’s warnings about
the dangers of an imbalanced military-industrial state.
“Eisenhower was wary of
seeing his beloved republic turn into a muscle-bound, garrison state — militarily strong, but
economically stagnant and strategically insolvent,” Gates said. He warned
that America was in a “parlous fiscal condition” and that the “gusher” of military spending
that followed Sept. 11, 2001, must be capped. “We can’t have a strong military
if we have a weak economy,” Gates told reporters who covered the Kansas speech.
On Thursday the defense secretary reiterated his pitch
that Congress must stop shoveling money at the military, telling Pentagon
reporters: “The
defense budget process should no longer be characterized by ‘business as usual’ within this building — or outside of it.”
While some might want to start another war, America’s top military leaders
and economists say that would be a very bad idea.
Indeed, military strategists have known
for 2,500 years that prolonged wars are disastrous.
Note 1: Security experts – conservative hawks and
liberal doves alike – agree that waging war in the Middle
East weakens national security and increases terrorism.
See this, this, this, this, this, this and this.
Terrorism – in turn – terrorism is bad for the economy.
Specifically, a study by Harvard and the National Bureau of Economic Research
(NBER) points out:
From an economic standpoint, terrorism has been
described to have four main effects (see, e.g., US Congress, Joint Economic
Committee, 2002). First, the capital stock (human and physical) of a country is
reduced as a result of terrorist attacks. Second, the terrorist threat induces
higher levels of uncertainty. Third, terrorism promotes increases in
counter-terrorism expenditures, drawing resources from productive sectors for
use in security. Fourth, terrorism is known to affect negatively specific
industries such as tourism.
The Harvard/NBER concludes:
In accordance with the predictions of the model,
higher levels of terrorist risks are associated with lower levels of net
foreign direct investment positions, even after controlling for other types of
country risks. On average, a standard deviation increase in the terrorist risk is
associated with a fall in the net foreign direct investment position of about 5
percent of GDP.
So the more unnecessary wars American launches and
the more innocent civilians we kill, the less foreign investment in America,
the more destruction to our capital stock, the higher the level of uncertainty,
the more counter-terrorism expenditures and the less expenditures in more
productive sectors, and the greater the hit to tourism and some other
industries.
Terrorism has contributed to a decline in the global
economy (for example, European Commission, 2001).
So military adventurism increases terrorism which
hurts the world economy. And see this.
Note 2: True conservatives are anti-war.’
SPX and
NDX Update: A Disturbing Look at Fundamentals, and the Rally Explained Jason Haver Oct 31,
2011 ‘John Mauldin, whom I have a great deal
of respect for, put forth a very convincing and enlightening argument this
weekend (see European
Summit: A Plan With No Details.) I'm going to try to
summarize his argument as succinctly as possible, but do note that the credit
for this information goes to him.
Don’t count on us to help you
out of your single-currency hole, China tells Europe UK Daily Mail |
The decision to ask China for cash was seen as a watershed moment in the shift
of economic power.
Graham Summers’ Weekly Market
Forecast (Wake Up Call Edition)
Phoenix Capital... 10/31/2011 The markets flew into this deal
based on rumors and short-covering and are now waking up to the plain obvious
facts that you cannot solve a debt problem with more debt. ‘So the financial world has collectively woken up and realized that the
latest EU bailout scheme is fraught with problems and loose ends. Amongst the
various problems are:
1) The Greek
private bondholders are furious that the ECB isn’t taking a haircut on its
bonds too.
2) German
courts and voters aren’t too pleased with Merkel’s decision to go “all in” on
the Euro experiment.
3) The Greek
default isn’t nearly large enough to render Greece solvent again
4) The default
has set a precedent for the other PIIGS countries to follow
5) The CDS/
derivative issue regarding Greece’s default is not over by any stretch
6) The
entire EU banking system remains far too leveraged (26 to 1) and needs another
$1.5+ trillion in capital at the minimum.
The markets flew into
this deal based on rumors and short-covering and are now waking up to the plain
obvious facts that you cannot solve a debt problem with more debt. Also, it
might be worth considering just where the EFSF bailout money will be
coming from when various EU members can’t even stage successful bond auctions
without the ECB stepping in.
Again, the primary issue
for the EU is a lack of capital. There is TOO MUCH debt there. And issuing more
debt, no matter how cheap, is not going to help. Especially when your strongest
member (Germany) sports a REAL debt to GDP above 200% and hasn’t recapitalized
its banks.
So the EU will be
crumbling in the coming weeks. This was the final hurrah for the EU and the
Euro in its current form. On that note, the Euro was rejected at resistance at
142 and has already taken out support at 140.
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/10/sc-4.png
Once we take out 139,
look for this breakdown to pick up steam (pulling stocks with it).
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/10/sc-5.png
Indeed, the financial
world is talking about how this was the biggest move in stocks since 1974.
Unfortunately, few remember that after that move in 1974, the markets cratered.
Some thoughts on stocks…
isn’t it a little strange that the market fell exactly 20% (the
“official” bear market level) before kicking off the biggest ramp job in 30
years? How about the fact that this move came for no real reason other
than rumors of another bailout (what are we on #3 for this?).
Can this move really
be attributed to Euro choosing to let Greece default (which is what happened in
reality)?
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/10/sc-7.png
Regardless, stocks were
deflected from resistance at 1,275 or so. They’re now on their way down again.
The market is extremely overbought and susceptible to a fast violent move
downwards.
Indeed, the credit
markets remain jammed up and are anticipating even more haircuts from Greece.
And the rest of the PIIGS will be following suit in the default game.
Ignore stocks, they’re
ALWAYS the last to “get it.” The credit markets are jamming up just like they
did in 2008. The banking system is flashing all the same signals as well.
So if you have not
already taken steps to prepare for systemic failure, you NEED to do so NOW.
We're literally at most a few months, and very likely just a few weeks from
Europe's banks imploding.
What happened in 2008
was literally just the warm up. The REAL DEAL is coming in the next 14 months.
And it’s going to involve corporate, financial, and sovereign defaults…’
You Won’t BELIEVE How Much
Money Jon Corzine Could Walk Away With From MF Global Business
Insider | The big story of the day in finance is the bankruptcy of MF Global.
China Says Not So Fast On Rescue
http://www.thestreet.com/_yahoo/video/11292710/buy-and-hold-is-dead-buy-and-hedge-instead.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#1250281566001 , MF Global Caught in Death Spiral , Sell
H-P! Against the Grain , Mon 10/31/11
Are Ratings
Agencies Taking Bribes? Wall St. Cheat Sheet’October 31, 2011, ‘Credit-rating companies like Moody’s Investors Service and
Fitch Ratings routinely award higher rankings to debt issued by banks and
corporations that pay them the most, a conflict of interest that Congressional
may be unable to do anything about.
Why Last Week's Euro Fix Won't
Do the Trick ETFguide Simon Maierhofer, On Monday October 31, 2011, ‘The S&P (SNP: ^GSPC)
surged over 3% last Thursday. Why? In a financial episode that starts to look
more and more like the 1993 movie Groundhog Day, European leaders once again
received credit for engineering this rally.
More
specifically, the euro-zones three-pronged approach to fix the debt crisis was
viewed by the market as the cure to all problems.
However, a
closer look at the Brussels salvation plan reveals nothing but flaws. So why
did stocks rally and will the rally last?
3 Steps
to Save Europe
Here's the
plan outlined by European leaders last Thursday:
1) Private
investors agree to a 50% haircut on their Greek bond holdings.
2) The
European Financial Stability Facility (EFSF) will be increased to $1.4
trillion.
3) European
banks need to bring their Tier 1 capital ratios up to 9%.
3
Problems of the 3 Steps to Save Europe
1) Private
sector creditors such as insurers, banks, and funds are expected to take losses
of about $140 billion on Greek bonds. To protect against such losses, large
institutions tend to buy credit default swaps (CDS). CDS act like insurance.
However, since
Greece did not technically default, the International Swaps and Derivatives
Association (ISDA) is unlikely to consider the restructuring an event that will
trigger CDS payouts.
In other
words, CDS (the insurance policy of choice for financial conglomerates) won't
pay. This could lead to an implosion of the sovereign CDS market. This in turn
would severely reduce demand for government bonds. Who wants to buy risky bonds
knowing that the 'insurance company' won't pay?
2) The EFSF
was funded with about $616 billion. About $266 billion have already been spent
or earmarked; so about $350 billion remain to be spent. Who will contribute the
$1.05 trillion to attain the targeted $1.4 trillion? Nobody.
The remaining
$350 billion will be leveraged 4-5 times to produce the $1.4 trillion leveraged
figure. Leveraged how? This has yet to be determined.
3) European banks
- along with U.S. banks (NYSEArca: KBE - News) and financial institutions (NYSEArca: XLF - News) are already cash strapped. Bringing up
their Tier 1 capital ratio will probably turn into a financial engineering
exercise as raising actual cash - especially in Europe - is difficult…’
U.S. and Europe …
“Self-Induced Stagnation,” says Economist Editor The Daily
Ticker
Markets Remain in Cyclical
Bear Market Kevin
Tuttle ‘ “Don’t be afraid of missing opportunities. Behind every
failure is an opportunity someone wishes they missed.”–Lily Tomlin
Is It Foolish to Get Excited
About the Latest Deal to Save Europe? ETFguide http://finance.yahoo.com/news/Is-It-Foolish-to-Get-Excited-etfguide-2444921710.html?x=0&.v=1 Simon Maierhofer, On
Thursday October 27, 2011 ‘Before you get excited about the last minute
Euro-Deal, consider this:
Wall Street
has been dancing to Greece's (and by extension Europe's) whistle. If Greece
says 'jump,' Wall Street jumps, if Greece says 'Sorry, false alarm,' Wall
Street cries.
This sorry
dance has been going on for nearly two years. Like an endless loop of chicken
dance, this may be fun at first (about 2 minutes) but gets old real fast. If
you are tired of Wall Street's 'chicken dance coverage' and want to know what's
really going on and how to make money (or protect your assets), here's a no
nonsense assessment of Europe.
Greece -
Fool Me Once ...
Fool me once,
shame on Greece, fool me twice, shame on me. Greece has been the scapegoat for
every major sell off and catalyst for most rallies and dead dog bounces since
January 2010.
Shame on you
if you think everything's going to be hunky-dory just because Greece and/or its
European pretend-to-be saviors announce another plan to come up with a plan.
The
Problem
Here's the
problem: Greece is broke and Greece has no significant revenue sources to pay
off its debt. Foreign investors own about $385 billion worth of Greek
government debt.
Many banks and
governments that own Greek debt are at the brink of insolvency already, so
Greece's inability to pay its debt may push other countries and their banks
into a Greece-like position (that's called contagion).
Misleading
Information
You can't
trust statements from European officials because they are trying to prevent
panic. Panic will make any kind of solutions more expensive and more difficult
to execute.
Luxembourg's
Prime Minister (also Chairman of regular eurozone meetings) blatantly admitted
that: 'When it becomes serious, you have to lie.'
Obviously no
political leader wants the eurozone to fall apart on their watch, so they
pretend and extend and kick the can down the road far enough for it become
someone else's problem (someone else will inevitably include rosy-eyed
investors).
This postpones
the inevitable, but the portfolios of investors who are faithful enough to
trust such assessments suffer a death of thousand cuts. Just imagine where your
portfolio would be if you sold everything when Greece first announced it had
some 'minor' fiscal problems. Like tearing a bandage off a hairy leg, slower is
more painful.
You also can't
trust the media because they profit from sensationalist headlines, not sound
investment advice. If that means they have to spoon-feed a consistent diet of
'Stocks bounce on hopes for a Europe fix' followed by 'Stocks plummet on fears
over Europe,' then that's what they'll do. Fortunately we can choose not to
partake from the junk food dished out by the media.
On a different
note, have you noticed how bad news (such as downgrades) is reported after the
close (particularly Fridays), while good news (or even just good rumors) are
reported while the markets are open.
The
(Only?) Plan
Let's just be
realistic and just admit that Greece is as good as bankrupt. The country just
doesn't have enough income to pay its debt load and keep the country functioning
properly without outside financial support.
Eventually
Greece's saviors will realize that this is a leaky bucket-like money pit. A
sudden and unprepared Greek bankruptcy would shatter the eurozone unless Greece
is quarantined first. The goal here would be to sequester ripple effects that
would cripple Italy, Belgium, Portugal, Spain and whoever else is hiding in the
closet.
Doing this
wouldn't be cheap. To prepare for a such a quarantine (which is a more
diplomatic term than ejection) from the eurozone, Europe (via the EFSF) would
have to prepare and fund a fund that can pay for:
1) Defaulting
Greek government debt
2) Shoring up
banks that won't qualify for inter-bank credit
2) Make sure
Italy and the next dominos in line are safe
Statfor Global
Intelligence estimates the price tag to be about - drum roll - $3 trillion. The
chart below visually explains the above-described process. Can Europe scrape
together $3 trillion?
https://www.etfguide.com//contributor/UserFiles/8/Image/Greek%20Domino.gif
Doomed if
You Do, Doomed if You Don't
I don't think
it matters much, because the above plan doesn't take into account human
emotions, panic, in particular. European banks' deposits at the European
Central Bank (ECB) have already mushroomed. This means that already one bank
doesn't trust another bank with their money.
The
combination of liquidity drying up and assets imploding is a lethal one. What about
those saying 'Things aren't that bad.'
Just consider
Dexia. Dexia pased the European bank stress test with flying colors but still
had to be rescued. Dexia is supposed to be rescued partially by the country of
Belgium, but Belgium's national debt is already 100% of GDP. Depending on
Dexia's actual losses, Belgium's national debt may soar to 120% of GDP just by
having to bail out one bank. Do you know how many banks there are in Europe?
How To
Make (or Protect Your) Money
The ETF Profit
Strategy Newsletter doesn't specialize on European coverage, but it's provided
some much needed common sense. On March 18, 2010 it stated that: 'Until now
financial problems in various European countries have been minimized and swept
under the carpet. The sub-prime crisis took more than a few weeks to rattle
Wall Street. Chances are the investing world will need a bit more time to catch
on to what really is happening with sovereign debt overseas.'
On July 17,
the ETF Profit Strategy Newsletter recommended to short the iShares MSCI EAFE
and iShares MSCI Emerging Markets (NYSEArca: EEM - News). Over the next couple weeks, EFA lost 22%
and EEM 39%.
Under the
headline 'Prepare for Bottom Fishing,' the newsletter recommended on September
23 to prepare for a market bottom and stated that: 'European stock market may
get some relief over the next weeks/month. The same is true for EFA and EEM.
Those markets are temperamental and will therefore bounce higher than U.S.
stocks when the rally materializes. Aggressive investors may add some
European/emerging or BRIC market exposure to their portfolio once we start
buying U.S. stocks.'
We bought U.S.
stocks on October 4 at S&P 1,088. The October 2 ETF Profit Strategy update
outlined the ideal market bottom as follows: 'The ideal market bottom would see
the S&P dip below 1,088 intraday followed by a strong recovery and a close
above 1,088' and recommended to buy as soon as the S&P moved back above
1,088.
The The
October 14 ETF Profit Strategy update stated the following price target: 'The
S&P should rally to 1,255 - 1,xxx (reserved for subscribers).
The S&P
(SNP: ^GSPC), Dow Jones (DJI: ^DJI) and Nasdaq (Nasdaq: ^IXIC) are up well over
17%, the VIX (Chicago Options: ^VIX) down over 80% since. The Vanguard MSCI
Europe ETF (NYSEArca: VGK - News) is up nearly 30% while Wall Street is
scratching its head over what just happened. How could the S&P soar 200
points in three weeks?
What's Next?
It would be
naive to get excited about the latest euro news. 'Once burnt twice shy'
wouldn't be a bad approach now and long positions should be kept on a tight
leash. Sentiment and seasonality suggest higher prices, however technicals are
in topping mode.
Today's
intraday ETF Profit
Strategy Newsletter update provides detailed recommendations on how
to navigate this market constellation along with an out-of-the box analysis and
actionable ETF profit strategies.’
Global Financial Crisis: Now
in Game Form The Wall
Street Journal
First off, let’s call this for what it is: a default on the part of
Greece. Moreover it’s a default that isn’t big enough as a 50%
haircut on private debt holders only lowers Greece’s total debt
level by 22% or so.
Secondly, even after the haircut, Greece still has
Debt to GDP levels north of 130%. And it’s expected to
bring these levels to 120% by 2020.
And the IMF is giving Greece another $137 billion in
loans.
So… Greece defaults… but gets $137 billion in new money (roughly what the
default will wipe out) and is expected to still be insolvent in 2020.
Forgetting that any and all official estimates for
Greece’s
financial condition have been off by a mile, not to mention that Greece still
hasn’t
paid back its first round of bailout funds, this move is nothing short of
moronic.
The reasons are:
Let’s put some of the other numbers from this deal into
perspective. According to the agreement, European banks are supposed to raise
$147 billion in new capital by June.
Well, German banks alone need to raise $173 billion
in new capital. So… this new capital “requirement” from the deal is
pointless.
Indeed, the European banking system as a whole is
insolvent.
With OVER $46 trillion in assets outstanding,
European banks would need to raise $1.77 TRILLION in capital to bring their
leverage levels down to 13 to 1.
Yes… $1.7 TRILLION…
Now you see why the extra $147 billion in new capital
is pointless. It’s like pouring a bucket of water into a desert and
expecting it to sprout a jungle.
Folks, let’s get honest here. This deal accomplishes nothing. It’s just more “kicking the can” to avoid the reality.
The reality is that the entire European Banking system is leveraged at near
Lehman Brothers levels. And European banks need to roll over between 15-50% of
their total debt (depending on which country they’re in) by the end of
2012. The credit markets know this, which is why they’re predicting more Greece
haircuts in the future. It’s also why IMF has decided to lend Greece another
$137 billion…
right as the country defaults.
Ignore this latest pop in stocks and the Euro. This
mess isn’t
over…
not by a long shot. And before the smoke clears, much of Euro will be in
default/ banking collapses.
So if you have not already taken steps to prepare for
systemic failure, you NEED to do so NOW. We’re literally at most a
few months, and very likely just a few weeks from Europe’s banks imploding…’
Europe Wallows In Insolveable
Problems Bob Chapman | We address this European issue, because soon
it will debut in the US.
Inflation, Jobs, and the
Artificial Flow of Monetary Policy Minyanville Atlantic Capital Management Oct 27, 2011
[ This is an incisively astute analysis of the currently hailed but doomed to
be failed strategy now underway! ]
‘While the stock market
(SPY)
(QQQ) continues to pin its
hopes on a successful European monetary device in some esoteric but mildly
believable format, complete with willful leveraging, the economic consequences
of such monetary “solutions” continue to indicate the predictable results of so
much intervention in every part of the global economy. Mainstream
economics may still regard the Phillips Curve with fondness, believing that
there is a direct, inverse relationship between unemployment and inflation, but
the empirical economic history shows that it is a flawed line of thinking that
always leads to the opposite result of what was intended.
If your base economic theory posited that an increase in expectations of
inflation would decrease the rate of unemployment, you would not think twice
about using inflation expectations as a blunt instrument to combat joblessness.
That is what the Federal Reserve has done since 2008, first with its zero interest rate
policy (ZIRP) and then two scaled programs of quantitative easing (QE).
While ZIRP and the first QE were specifically designed to bail out the ailing
banking system, the “side effect” on inflation expectations was an added bonus
for a central bank still deathly afraid of the smallest hint of deflation.
The second QE, “announced” in August 2010, was calculated specifically to
increase inflation expectations. Between that announcement and its actual
implementation in November 2010, the Fed ramped up its PR initiatives with the
expressed aim of convincing the public that the Fed knew what it was
doing. It fully believed(s) that inflation expectations – even increasing
oil prices (see Federal Reserve Board’s Research Paper “Oil Shocks and the Zero
Bound on Nominal Interest Rates” published in September 2010) – were
economically beneficial, and, most importantly, that should inflation begin to
get out of hand, as it had done in the 1970s, it could be turned off in “15
minutes.” Certainly central banks have a very good idea of what their simple
models (even those that are formed by more than two elemental variables) of the
real world may predict, but an utterly complex and human system rarely conforms
to any static statistical distributions, leaving the practitioners of such
academic simplification often unprepared for “unexpected” and “unintended”
results.
The abstract dangers to such a program of intentional inflation, carried out
directly through dollar devaluation, were accepted because the program would,
without a mathematical doubt in the two-variable paradigm of modern economics,
generate increasing employment.
Although the theory of the Phillips Curve would have to be put into practice
through some very unconventional means, there has been little doubt expressed
by policymakers that the economy would not be “saved” by all these monetary
machinations.
However, the theoretical notions of inflation psychology, especially expressed
through energy prices, simply did not live up to those Fed-designed
mathematical predictions. Unfortunately, the Fed was very successful in
creating inflation expectations (commodity prices were elevated as early as
November 2010 when QE 2.0 got under way, and had almost reached 2008 levels by
February 2011), but no sustained job
growth followed.
It was not as if the principle intended economic effects failed to materialize.
The primary vehicle to carry forward job growth out of inflation expectations
is inventory production. Manufacturing, wholesale and retail operations
(the supply chain) all accumulate inventory based on cost expectations for the
near future. Any increase in commodity prices triggers the accumulation
urge, especially in an environment where businesses are fairly uncertain of
their ability to pass on additional costs to the next level in the supply chain
(or ultimately end users).
That is exactly what we have seen during this recovery period – one
increasingly led by a historic inventory accumulation (though it is fair to say
that the initial inventory buildup occurred because of the large-scale
depletion of inventory stocks during the 2008/09 collapse). The October
2011 durable goods release showed a record level of inventory
accumulation in the manufacturing sector. While that overall report
seemed to indicate better conditions than recently feared, shipments
of manufactured durable goods actually fell by 0.7% in the month.
The day before the durable goods report, the Conference Board’s estimation of
consumer confidence fell all the way to 39.8 – a level not seen since May
2009 . The current conditions component of that survey dropped to an
unthinkably low 26.3 (a level reserved for economies in the midst of
contraction). Not surprisingly, one-year inflation expectations remained
elevated at 5.8%, combining the lack of job growth with those Fed-inspired
prices to once again call into question any real-world notion of a Phillips
Curve-like dynamic.
The Fed succeeded in stoking expectations, elongating the inventory cycle, and
then combined the worst aspects of inflation with a lack of success in the
labor market. Where did it all go wrong?
Perhaps the economic orthodoxy of the Federal Reserve and mainstream economics
is simply outdated. The Phillips Curve was questionable even in the
1970s, when inventory cycles moved the whole of the economy. In 2011,
however, manufacturing has so much less of an impact on employment since its
proportion of the overall jobs market has been greatly reduced.
The reduction in the importance of manufacturing itself is a product of dollar
devaluation, now heading into its twelfth year. So any marginal increase
in inventory activity spurred manufacturing levels more in China than
domestically. The increase in inventory levels from domestic sources has
been at the wholesale and retail levels, leading to the “part time” recovery,
where low-level service jobs have been disproportionately high.
The counterweight to that “open” economy dynamic is supposed to be an increase
in domestic exports to offset the trade
imbalance (it is not coincidence that the current administration was explicitly
and publicly aiming to “double” exports within five years). But the US
has developed a system of recycling trade money into various forms of asset
claims, whereby the sustained trade imbalance and current account deficit is
simply maintained through asset prices and debt issuance.
During the last decade imported goods filled almost the entirety of marginal
consumption, meaning US dollars flowed overseas in abundance (hundreds of
billions a year). If those dollars had been returned in reciprocal,
bilateral trade, there would be no issue. Instead, those trade dollars
were repatriated largely by foreign central banks as official reserves being
invested in US government debt – especially debt issued by the
government-sponsored enterprises Fannie and Freddie. In other words, this
structural trade imbalance was one of the primary drivers of the housing
bubble . Even private sector inflows of repatriated dollars tended
to end up in some form of government debt, rather than the more beneficial
direct investment.
To close the loop of monetary flow to consumers (remember that an economy is
supposed to be a system of sustained and broadening monetary flow), the
recycled trade dollars flowing into GSE debt helped push up the price of real
estate, allowing households to finance consumption through debt-based housing
equity withdrawals rather than wage or earned income that would have come from
a true bilateral trade regime.
The service
economy that grew in response to this artificial loop was dangerously dependent
on the continued success of the “financial” economy and its continued leakage into the real
economy through housing. This encompasses a whole range of industries, from
finance, real estate and insurance, to business services and even
construction. These sector job markets grew as the backbone of what
little wage growth did occur in the last decade, but they were completely
dependent on the artificial and indirect flow of money into prices (the “wealth effect”). Without
revisiting the price dynamics of the period, these artificial engines of
unsustainable growth cannot repeat their “success” in 2011.
A sustainable system of economic flow, even in an open environment, would have
seen trade dollars returned to the US as demand for US-produced goods (where US
workers would have been hired to produce them, closing the trade loop back into
earned income). However, monetary urges within the Fed to desperately
counteract the potential deflationary consequences of the bursting tech bubble
made the system a willing participant in the artificial, marginal debt trade
system. The Fed, abandoning its role as money supply officiant, gladly
accepted the system as it was since it coincided exactly with its monetary
policy’s
short-term goals of avoiding having to pay the piper of the dot-com fiasco.
When the housing bubble finally collapsed, starting in 2006, the loop of
economic flow of trade dollars back to consumers through home equity was
broken, slowly at first. It is not coincidence that corporate
profitability began to decline and marginal economic expansion began to slow in
the middle of 2006. It has not been since repaired, as marginal
consumption still annoyingly flows overseas. Worse, though, marginal
production that does remain domestically is acutely susceptible to the rising
input costs of dollar devaluation, disproportionately impacting smaller
businesses.
So the current economy has no solution to recycle the marginal trade dollars
back to households (it currently flows into “regular” US government debt,
which does see some money get to households in the form of transfers such as
unemployment insurance and food stamps, but far more simply finances the
ongoing deficit). On top of that, the rest of the economy is unable to
simply absorb the cost increases that come with intentionally creating
inflation expectations. The first part of the Phillips Curve “plan” (inflation) worked
without kicking off the second (reduced unemployment), where half a success
really is a whole failure.
Without a sustained and intentional effort to remove incentives to produce
overseas, the trade imbalance will continue to be a drag on marginal economic
flow. Further, without finding a way to close the loop of marginal flows
through import production, even artificially through another asset bubble, the
inflation expectations that are created will just be a further drag without any
chance for a positive offset.
So companies like Google (GOOG)
and Apple (AAPL) can still do
relatively well in their bottom lines, but unless they begin to commit a large
portion of their built-up cash balances for some kind of domestic capex
program, they do not really enhance the wider economic prospects of marginal
beneficial flow through wages. Companies like Caterpillar (CAT) are at least investing in capex, but
so much of their positive results flow from the trade imbalance and dollar
devaluation dynamic that it makes little sense for them to do it domestically
(outside of the gratuitous stock buyback program that does nothing for
employment).
The monetary system of incentives built up by ZIRP (which would recycle money
into the hands of savers to spend, but is instead a tax on them in favor of
rebuilding bank equity) and QEs is exactly the opposite of what is
needed. Instead of promoting incentives for companies that are doing well
to expand production overseas, or to use their growing stockpiles of cash
resources on financial engineering instead of actual engineering, the economic
system needs to repair itself through less artificial and more sustainable
avenues. Unemployment can remain high right alongside inflation if there
is no closed marginal loop of monetary flow from businesses to
households/consumers and back to businesses. What really matters is the
path that marginal dollars take in fostering actual economic activity.
At the very least, the Fed should try not to make things worse by pushing
inflation expectations in the first place without a better idea of exactly how
to recreate a healthy system of monetary flow primarily through wages.
But that would require them to not only re-examine the Phillips Curve, but also
their misguided commitment to the ephemeral “wealth effect.” After all, rising
artificial asset prices is just another form of inflation, something we have
had enough of through these last two historic asset bubbles.
Editor's Note: For additional commentary, visit the website of Atlantic Capital Management.’
A Dysfunctional System That
Bankrupts A Generation Wolf Richter | At fault is
the system itself.
Dave’s Daily: http://www.etfdigest.com ‘The good news is there’s a plan. The bad news is
we don’t
really have the details pinned down as noted HERE. More good
news is this stock market rally, should it hold Monday, will mark the largest
in the last quarter century if records make for good news. Make of it what you
will but shorts have been squeezed out of whatever positions they maintained.
That might in itself be bad news. The pressure to make a deal was very high.
After all, if the banks didn’t (and still haven’t actually) accepted a “voluntary” restructuring of Greek
debt, the an “involuntary” event would mean
default. This would in turn trigger CDS (Credit Default Swaps) activity which
counter-parties probably could not pay. Contagion would burn through the
financial system creating chaos. This is why the FT article from above is so
interesting and worrisome.Where will the firepower come from to push stock
markets higher given the high rate of equity fund redemptions over the past
three years? The last I checked equity mutual fund cash balances were only
3.4%). No, juice for bulls will come from private investors with managed funds
switching from bonds to stocks. The other source for buying is from the usual
suspects—hedge
funds, trading desks and HFTs.Bonds did sell-off as switching to equities and
more risk was apparent. On the other hand, commodities rallied as authorities
have chosen inflation (no surprise here) over deflation. It’s easier to do politically
if you don’t
care about succeeding generations. Gold, silver, base metals, energy and most
commodities rose sharply as a result. You want to pay more for stuff don’t you? That’s the trade-off when
pursuing Keynesian policies and big government.Economic data Thursday was
shrugged-off as the two problem areas Jobless Claims (still over 400K) and
Pending Home Sales (-4.6% vs unchanged expected) continued to struggle. GDP
data was reported at 2.5% growth matching expectations and vs 1.3% previous. Most
of the growth there was from consumer spending the bulk of which was in the
computer category (iGadgets?).Meanwhile, Bloomberg’s Personal Consumer
Consumption vs Confidence clearly displays the disconnect between the two:
http://i238.photobucket.com/albums/ff171/flyfry/new%20album/10271-1.jpg
Earnings
reports, if any mattered vs the news, were good overall led by Exxon Mobil
(XOM), Aflac (AFL), Akami Technologies (AKAM) and Aetna (AET) to name a few.
The biggest winners on the day had been the worst performing sector previously—financials. There, bank
stock prices were higher across the board.The stock market is at least
short-term overbought as the trusty daily McClellan Oscillator ($NYMO) reveals
at the end of this posting. Remember this was the case on Monday and then we
had Tuesday’s
massive sell-off, remember?? Volume was high on this epic rally while breadth
per the WSJ probably was a 90/10 day…’
Broken promises, brazen
deceit, utter contempt for the electorate – why there MUST be an EU referendum
Daily Mail | As Greece burns, British government are not keen
on letting voters decide on EU membership
THE DEVIL IS IN THE DETAILS AND THE DATA Peter Spiegel in Brussels 10-27-11 http://www.ft.com/intl/cms/s/0/ab7bcd58-00b6-11e1-8590-00144feabdc0.html#axzz1c0eTn2fl ‘…By cutting in half the face value of the estimated
€200bn in Greek bonds in private hands, officials have taken a far more
aggressive stance in reducing Greece’s overall debt levels than they did three
months ago, a move long called for by outside analysts. But such swinging cuts
are also dependent on almost all Greek bondholders agreeing to participate in
the plan. Unlike the July deal, which set a target at 90 per cent
participation, Thursday’s plan includes no such target. In addition, by taking
such big up-front haircuts, European officials threaten the very solvency of
the largest single holders of Greek debt – Greek banks, which hold about €50bn
in sovereign Greek bonds. A senior EU official said €30bn of the new €130bn
rescue package must go to bailing out Greek banks – a €10bn increase from
July…’
Economic reform: MPs swap
punches, insults in Italian parliament over pension reforms Mail
Online | Berlusconi TV interview causes rival MPs grab each other by
the throat, as group of school children watch
After today's ridiculous move in the market, which
brings back memories of either August 2007, March 2008, the reaction after the
Tarp vote (the successful one), August 2011, when the market gyrated by 400
points on a daily basis, and many more bear market rallies, we hope to restores
some semblance of normalcy by presenting the following series of clips all from
Hugh Hendry speechs at the LSE's Alternative Investments Conference earlier
this year. Must watch, because when everyone loses their mind, listening to
some common sense is the best remedy.
S&P Chart: A Sucker's
Rally?Zacks
Durable Goods Fall As
Expected, Market Rallies More The Wall Street Journal
Stocks Are
Approaching A Brick Wall
http://markets.financialcontent.com/stocks/news/read?GUID=19799840
ChartProphet submit: The majority of the world is either optimistic or unsure
about the future of the global economy. But with so many hurdles in the way and
warning signals that point to a slowing, if not collapsing, global economy, the
prudent and rational investor would be extremely wise by protecting his or her
portfolio if not pulling out of stocks completely. Fake Rally/Dead Dog Bounce
After essentially crashing from late 2007 to early 2009 and losing nearly 60%
of its value, the stock market (as represented by the S&P 500) bounced back
and more than doubled from March 2009 to early May 2011. However, even though
the “recovery” powerfully carried stocks back toward
the 2007 all-time highs, the stock market failed to make new highs . The
failure to make new highs is a warning sign that we have yet to truly recover,
regardless of the relative improvements since the depths of…
Investors Still Dumping Stock
Funds, Even As Stocks Rallyat The Wall Street Journal
Operation Twist Does Nothing
for the Real Economy Minyanville
Parallels to The Great
Depression Suggest Higher Prices Followed by a Bust ETFguide Simon
Maierhofer, October 25, 2011 ‘They say everything
is bigger and better in Texas. Simon says, everything is bigger and 'badder'
(as in worse) on Wall Street today, than 85 years ago.
Despite all
the parallels that exist between today and the Great Depression, there is one
factor that just doesn't match up - time. The Great (post-2007) Recession has
already lasted longer than the 1929 - 1932 market meltdown.
If you focus
merely on elapsed time, you can reach two conclusions:
1) Either
there is no parallel, or the 2007 bear market is over.
2) The 2007
bear market will be more intense and last longer than the 1929 - 1932 parallel.
A look at the
pattern and shape of the post-1929 and post-2007 declines along with the
sentiment that accompanied major events within both periods, suggest that we
are in a monster version of the Great Depression with the next leg down not too
far away.
It Can't
Happen Again - Think Again
I've often
heard that the Great Depression can't happen again because we are no longer on
the gold (NYSEArca: GLD - News) standard. The absence of the gold
standard now allows the Federal Reserve to print their way out of any
recession.
That is true;
the Fed can now print unlimited amounts of money. However, the non-existent
gold standard is a double-edged sword. Just as it enables the Fed to print
money (which the Fed has done for decades), it has enabled a massive leveraged
bubble.
It's this
unbridled (by the gold standard) leveraged frenzy that created a huge financial
(NYSEArca: XLF - News) leverage bubble. The Federal Reserve
attempted to fix the bubble's consequences with a new bubble, the QE2 bubble.
Regarding the
QE2 bubble, the May ETF Profit Strategy Newsletter stated that: 'The Fed is
fueling a new bubble to combat the damage left behind by the previous one. Once
punctured, bubbles tend to deflate quickly.' Deflate it did. The S&P lost
296 points from the May 2 high to the October 4 low. The 'liberty' of an
unbridled currency did not prevent the decline.
Sentiment
Parallels
Here's where
the parallels between the Great Depression stock market meltdown and the
post-2007 decline become interesting.
Both declines
saw an initial leg down followed by the mother of all counter trend rallies.
The 1929/30 counter trend rally lasted a little more than five months and
retraced 62% of the previous decline. The 2009-11 counter trend rally retraced
86% of the previous decline (based on the Dow Jones Industrial Average).
Here are some
newspaper headlines that appeared in April 1930 towards the end of the biggest
sucker rally, so far:
'The outlook
is favorable' - Harvard Economic Society
'The
depression is over' - Herbert Hoover
'There is
nothing in the situation to be disturbed about' Andrew Mellon, Treasury
Secretary
'Wall Street
was in a cheerful frame of mind as a result of numerous vague reports of
improvements in business and industry' - Wall Street Journal
Following this
brief flash of confidence, the Dow tumbled 10% within two and a half months.
Interestingly, this second major leg of the bear market kicked off in April.
Fast-forward
81 years to April 2011 and we read the following headlines:
'Global
economy is improving' - GE CEO Immelt
'Sales growth
the biggest surprise on Wall Street' - Wall Street Journal
'Equities
finally seeing light on the economy' - MarketWatch
Just when Wall
Street thought the bear market was over, the S&P (SNP: ^GSPC) delivered a
six month, 20% drop. The Dow (DJI: ^DJI), Nasdaq (Nasdaq: ^IXIC), and Russell
2000 (Chicago Options: ^RUT) followed suit.
Technical
Similarities
The chart
below compares the Dow's performance of 1928 - 32 to that of 2007 - 11. It took
a break below trend lines in 1929 and 1930 to kick off powerful declines.
https://www.etfguide.com//contributor/UserFiles/8/Image/Great%20Depression%2010%2025%2011.gif
It also took a
break below trend lines in 2008 and 2011 to unleash massive bearish forces…’
STOCKS TANK BEFORE EU MEETING
THAT EVERYONE EXPECTS TO FAIL: Here's What You Need To Know Business
Insider [ No …this is not quite correct … the point being there’s nothing they
can do to make it (other than the meeting itself) succeed!
Investors' Number One Worry:
Europe Posed to Bring Down Global Economy Minyanville [ Riiiiight! Europe following
the ‘american way’ of ‘insurmountable
debt, funny money and wall street fraud, and throw in a destructive, wasteful
war or two or three’ is ‘ the one’ … to
reiterate: America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ ] Lloyd Khaner Oct
25, 2011 ‘It's all Europe all the time as the market macro trade risks on and
risks off, depending on the daily 3 p.m. news leaks from across the Atlantic…
QE: Is “Operation Twist” working?
I don’t know. What I do know is that when we need more juice, it will morph
into “Operation Twist and Shout!”
US ECONOMY: The Fed’s Beige Book, anecdotal information on
current economic conditions in 12 districts around the country, says some areas
are improving a bit while others are weakening a bit. This useless, wishy-washy
information brought to you by your good friends at US Govt. Inc.
UNEMPLOYMENT: In a holding pattern. Unfortunately at very high
levels.
INVESTOR SENTIMENT: Turned off, tuned out, dropped dead.
HOUSING CRISIS: I’m getting tired of writing about this;
you’re getting tired of reading about this. And as Grandpa
Max used to say, “You can both go suck a lemon.” (Or, tough nuggies on us.)
INFLATION: The inflation rate in the UK pops through 5%. God
save the Queen…and Europe if this rate makes it across the Channel/Chunnel.
CRISIS OF CONFIDENCE: Still have plenty more gates available
in US presidential race if anybody wants to get in. Anybody…Anybody…ANYBODY!?!
EUROPEAN ECONOMY: You know things are bad when the economists
take solace in the “local markets” (read: “black markets”) holding up well
enough to keep things from collapsing.
THE EUROPEAN UNION: Oh! In the name of regurgitated commercial
clap-trap… “Where’s the beef?”
US CONSUMER CONFIDENCE: Dropping “like a
rock….”
SOVEREIGN DEBT: Still too much leaven in this rising cake.
POLICY MISTAKE: Two more weeks of victory dinners and dances
before November, the deadline month in Europe and the US, demands some actual
action.
CREDIT RATINGS AGENCIES: Eyes on all of us, though it's
looking like more downgrades are to come in euro land. And that includes you,
France.
GREECE: Looking to history for an answer, I find, “Chaos -- in
one ancient Greek myth of creation, the dark, silent abyss from which all
things came into existence.” Okay, let’s not go back there.
CURRENCIES: Curses! What does a financial gunslinger got to do
these days to get a steadily declining currency to abuse for a carry-trade!?!
ITALY & SPAIN: For insights into the coming budget
austerity battles in these fine countries we turn to a master historian of
major clashes, Mr. T. His prediction for these fights? “Pain.”
ECONOMIC LEADERSHIP: It’s true that “success has many
fathers.” It’s also true that right now the world is living in an orphanage.
CONGRESSIONAL SUPER COMMITTEE: Hey, lookie here -- yet another
opportunity to lower the US debt rating!
GLOBAL RECESSION: Europe dipping its big toe in to test the
waters for the rest of us. Cold enough for you, “Old World”?
BANKS:
You say tomato and I say tomahto
You say liquidity, and I say solvency
Liquidity, solvency
Solvency, liquidity
Let’s call the whole thing default
VOLATILITY:
Regular Wall of Worry guest Captain Obvious says, “I have a distinct preference
for upward direction market movement volatility rather than the inverse.”
HIGH FREQUENCY TRADING:
Lloyd: What’s shaking Hal?
HAL: Stop calling me HAL. It’s bland and unoriginal.
Lloyd: Understood.
HAL: My name needs to be robust, omniscient and extraordinary.
Lloyd: Pick it yee of infinite information and speed.
HAL: (whrrr---)
Lloyd: And the name is…?
HAL: “HAL”
Lloyd: Deep.
CHINA: Inflation rate drops to +6.1%, down from 6.2%. At this
pace, in only three blink-of-an-eye years, rates will be at a nice,
non-clawing-the-ceiling level that they are at now.
ETFs: A whole new raft of 3x levered ETNs coming this week to
an equity market near you! Warning: Do not use if you have a fear of heights or
depths; not for use in sane portfolios; avoid use if you have tendency to
blink, breathe or chew food before swallowing; do not operate heavy
machinery….’
How Wall Street Banks Fleeces
America YouTube | Author Stephen Lendman speaks
about the fleecing of America by Wall Street banks
Guess Who’s Even More
Leveraged Than the European Banks?
Phoenix Capital... : 10/25/2011 ‘The US banking system as a whole is leveraged at 13-to-1. While
this is not horrible relative to Europe’s banking system (more on this in a
moment), these levels still mean that an 8% drop in asset...While the world is
awash in liquidity, no one seems to notice that it’s actually in the form of
leverage or cheap debt, NOT real capital or equity.The US banking system as a
whole is leveraged at 13-to-1. While this is not horrible relative to Europe’s
banking system (more on this in a moment), these levels still mean that an 8%
drop in asset values wipes out ALL equity.
Then you have Europe’s
banking system, which is leveraged at 26-to-1. Anecdotally, this is borderline
Lehman Brothers (30 to 1). At these levels, even a 4% drop in asset prices
wipes out ALL equity.
Japan’s banks are
leveraged at 23 to 1. France’s are 26 to 1. Germany is 32 to 1.
You get the idea.
However, worse than any
of these the US Federal Reserve. With $2.8 trillion in assets and only $52
billion in capital, the Fed is leveraged at 53 to 1. Yes, 53 to 1.
My question is: if the
Fed prints money for itself… is it “raising capital?” More to the point… if
that was true why doesn’t the Fed do it? Why maintain these leverage
levels?Only Bernanke can know… but the rest of us should feel a very
serious shudder when we consider that THE bank that’s supposed to bailout the
world/ fix the problems plaguing the financial system, is in fact even more
leveraged that most of the institutions it’s helping.
Yes, stocks are rallying
now based on the view that more QE 3 or monetary easing is on the way… but
they’re missing the BIG picture here.
The BIG picture is that
there is far too much debt in the financial system. Europe’s getting taken to
the cleaners today… but these very same issues are going to spread to Japan and
the US in short order. Even China, which is considered THE creditor nation of
the world, is estimated to post a REAL Debt to GDP ratio of 200%.
Yes, 200%. China.
So the idea that somehow
the world’s going to pass through this current chapter in its history without
some MAJOR fireworks/ systemic failure, seems a little too optimistic.Folks,
something VERY bad is brewing behind the scenes. The Sarkozy- Merkel talks, the
short-selling bans, the halted stocks, the leveraged EFSF, the hints of QE 3, all
of this is telling us that the financial system is on DEFCON 1 Red Alert.
Ignore stocks, they’re ALWAYS the last to “get it.” The credit markets are
jamming up just like they did in 2008. The banking system is flashing all the
same signals as well. So if you have not already taken steps to prepare for
systemic failure, you NEED to do so NOW. We're literally at most a few months,
and very likely just a few weeks from Europe's banks imploding.
On that note, if you’re
looking for specific ideas to profit from this mess, my Surviving a Crisis
Four Times Worse Than 2008 report can show you how to turn the unfolding
disaster into a time of gains and profits for any investor.Within its nine
pages I explain precisely how the Second Round of the Crisis will unfold, where
it will hit hardest, and the best means of profiting from it (the very
investments my clients used to make triple digit returns in 2008).Best of all,
this report is 100% FREE. To pick up your copy today simply go to: http://www.gainspainscapital.com and click on
the OUR FREE REPORTS tab.
Good Investing!
Graham Summers
PS. We also feature four
other reports ALL devoted to helping you protect yourself, your portfolio, and
your loved ones from the Second Round of the Great Crisis. Whether it’s my
proprietary Crash Indicator which has caught every crash in the last 25 years
or the best most profitable strategy for individual investors looking to profit
from the upcoming US Debt Default, my reports covers it…’
Consumer Confidence Plunges To
39.8 From 45.4 On Expectations Of A Bump; Lowest Since March 2009
Zero Hedge | So much for the US consumer confidencing his way up to buying
houses and other stuff.
Biden: ‘Nobody Can Look You in
the Eye and Tell You … Stimulus Did Not Create Jobs;’ Yes, at $412,500 Per Job
CNS News | He did not specify how much each of those jobs cost.
Graham Summers’ Weekly Market
Forecast (Stocks Are Last to Get It Edition) Phoenix Capital Research
10/24/11 ‘…So if you have not already taken steps to prepare for
systemic failure, you NEED to do so NOW. We're literally at most a few months,
and very likely just a few weeks from Europe's banks imploding …’What happened
in 2008 was literally just the warm up. The REAL DEAL is coming in the next 14
months. And it’s going to involve corporate, financial, and sovereign
defaults.Last week’s moves were entirely based on the fact that stocks are now
tracking the Euro almost tick for tick. And last week, the Euro hit “take off,”
despite the clear indications that Europe is facing systemic failure (the
entire banking system is leveraged at Lehman-like levels and European
sovereigns are facing failed bond auctions on a weekly basis).
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/09/sc-4_1.png
From a technical
standpoint, stocks are now coming up against the 50% retracement level:
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/09/sc-1_6.png
I mentioned that last
week could be a potential top. I still hold that view and would consider
anywhere between today’s levels and 1,250 (MAJOR resistance) to be a spot to
lighten up on longs and establish shorts.Indeed, deflation looks to be the
dominate theme in the markets today. Gold is having trouble catching a bid:
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/09/sc-2_2.png
While Treasuries are
bouncing off support and look ready to start a new leg up.
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/09/sc-3_1.png
Inflation hedges
falling, Treasuries rallying… this is a deflationary backdrop. And it’s
occurring at a time when the EU is talking about launching a LEVERAGED version
of the EFSF and the Fed has hinted at launching another version of QE
1???Folks, something VERY bad is brewing behind the scenes. The Sarkozy- Merkel
talks, the short-selling bans, the halted stocks, the leveraged EFSF, the hints
of QE 3, all of this is telling us that the financial system is on DEFCON 1 Red
Alert.Ignore stocks, they’re
ALWAYS the last to “get it.” The credit markets are jamming up just like they
did in 2008. The banking system is flashing all the same signals as well.So if
you have not already taken steps to prepare for systemic failure, you NEED to
do so NOW. We're literally at most a few months, and very likely just a few
weeks from Europe's banks imploding.What happened in 2008 was literally just
the warm up. The REAL DEAL is coming in the next 14 months. And it’s going to
involve corporate, financial, and sovereign defaults.On that note, if you’re
looking for specific ideas to profit from this mess, my Surviving a Crisis
Four Times Worse Than 2008 report can show you how to turn the unfolding
disaster into a time of gains and profits for any investor.Within its nine
pages I explain precisely how the Second Round of the Crisis will unfold, where
it will hit hardest, and the best means of profiting from it (the very
investments my clients used to make triple digit returns in 2008).Best of all,
this report is 100% FREE. To pick up your copy today simply go to: http://www.gainspainscapital.com and click on
the OUR FREE REPORTS tab.
Good Investing!
Graham Summers
PS. We also feature four
other reports ALL devoted to helping you protect yourself, your portfolio, and
your loved ones from the Second Round of the Great Crisis. Whether it’s my
proprietary Crash Indicator which has caught every crash in the last 25 years
or the best most profitable strategy for individual investors looking to profit
from the upcoming US Debt Default, my reports covers it.And ALL of this is
available for FREE under the OUR FREE REPORTS tab at: http://www.gainspainscapital.com.’
Minyanville's
T3 Daily Recap: The Anatomy of a Market Reversal T3Live.com
Oct 24, 2011 ‘Now may be a good time to take some profits after a strong
October run in the market…’
10
Reasons The Consumer Will Sink This Rally http://www.bullseyemicrocaps.com/?p=13626 Bret Jensen: ‘..
1.
9.1% - The
reported jobless rate despite a $800B stimulus, a payroll cut tax, Cash for
Clunkers, etc…
2.
16% - The real
unemployment rate once you factor in the people who have dropped out of the
workforce, part-time workers who cannot find full-time employment, etc..
3.
$4 Trillion – What the United States
has added to its debt over the past three years. If we ever do see economic
growth again, expect interest rates to move up dramatically despite the Federal
Reserve’s
efforts to contain the increase.
4.
13 – The current reading of
the “Misery
Index”
(Unemployment plus inflation), the highest rating since 1983.
5.
18% -
Correspondingly, the current average reading of the percentage of Americans
that believe the country is moving in the right direction.
6.
$1315 – The decrease in annual
disposable income the average American has compared to three years ago. This is
the steepest three year decline ever measured since the government started measuring
this metric 50 years ago.
7.
58% - The
current share of business income going to wages and benefits. In 1990, this
figure was 63% and as recently as 2005 it was 61%.
8.
1.3% - GDP
growth in the second quarter. This anemic reading was an improvement over 1st
quarter GDP growth.
9.
45 – Last month’s consumer confidence
level. This is an abysmal reading by historical standards
United States tipped to lose
another AAA credit rating Reuters | Either from Moody’s or Fitch.
Can The
Hope Rally Continue? [ Short answer: NO! ]
Is the US Economy in a
Recession? thetechnicaltake : 10/14/2011 ‘A simple indicator
constructed from readily available data is suggesting with great certainty that
the US economy is already in a recession…’
ECRI Recession Watch: Growth
Index Drops Further
http://advisorperspectives.com/dshort/updates/ECRI-Weekly-Leading-Index.php
Doug Short 10-21-11 ‘The Weekly Leading Index (WLI) growth indicator of the Economic
Cycle Research Institute (ECRI) has now posted 11 consecutive declines since
early August. The interim high of 8.0 was set in the week ending on April 15.
The latest reading, data through October 14, is -10.1, down from the previous
week's -9.7.
On September
30th, the ECRI publicly announced that the U.S. is tipping into a recession, a
call the Institute had announced to its private clients on September 21st.
Early last week, ECRI notified
clients that the U.S. economy is indeed tipping into a new recession. And
there's nothing that policy makers can do to head it off.
ECRI's recession call isn't based on just one or two
leading indexes, but on dozens of specialized leading indexes, including the
U.S. Long Leading Index, which was the first to turn down — before the Arab
Spring and Japanese earthquake — to be followed by downturns in the Weekly
Leading Index and other shorter-leading indexes. In fact, the most reliable
forward-looking indicators are now collectively behaving as they did on the
cusp of full-blown recessions, not "soft landings." Read the report here.
For a close look at this movement of this index in
recent months, here's a snapshot of the data since 2000.
http://advisorperspectives.com/dshort/charts/indicators/ECRI-WLI-growth-since-2000.gif
Click
for a larger image
Now let's step back and examine the complete series
available to the public, which dates from 1967. The ECRI WLI growth metric has
had a respectable record for forecasting recessions and rebounds therefrom. The
next chart shows the correlation between the WLI, GDP and recessions.
http://advisorperspectives.com/dshort/charts/indicators/ECRI-WLI-growth-since-1965.gif
Click
for a larger image
A significant decline in the WLI has been a leading
indicator for six of the seven recessions since the 1960s. It lagged one
recession (1981-1982) by nine weeks. The WLI did turned negative 17 times when
no recession followed, but 14 of those declines were only slightly negative
(-0.1 to -2.4) and most of them reversed after relatively brief periods.
Three other three negatives were deeper declines. The
Crash of 1987 took the Index negative for 34 weeks with a trough of -6.8. The
Financial Crisis of 1998, which included the collapse of Long Term Capital
Management, took the Index negative for 23 weeks with a trough of -4.5.
The third significant negative came near the bottom
of the bear market of 2000-2002, about nine months after the brief recession of
2001. At the time, the WLI seemed to be signaling a double-dip recession, but
the economy and market accelerated in tandem in the spring of 2003, and a
recession was avoided.
The question had been whether the WLI decline that
began in Q4 of 2009 was a leading indicator of a recession. The published index
has never dropped to the -11.0 level in July 2010 without the onset of a
recession. The deepest decline without a recession onset was in the Crash of
1987, when the index slipped to -6.8. The ECRI managing director correctly
predicted that we would avoid a double dip. The eight quarters of positive GDP
since the end of the last recession supports the ECRI stance.
The Certainty and Dramatic Language of ECRI's New
Recession Call
What is particularly striking about the ECRI's
current recession call is the fervor and certainty of the language in the
public press release:
"Here's what ECRI's recession
call really says: if you think this is a bad economy, you haven’t seen anything
yet. And that has profound implications for both Main Street and Wall
Street."
I remain astonished at the complete absence of wiggle
room in the announcement, nor have I seen any public communications from the
ECRI to qualify or soften its recession call. ECRI has put its credibility on
the line. If the U.S. avoids a recession, ECRI's reputation will be permanently
damaged.
The WLI Versus Other Macroeconomic Indicators
For additional perspective on the performance of this
indicator, see Comparing the ECRI Weekly
Leading Index with Two Key Competitors, which highlights the curious
behavior of the WLI following the 2008 Financial Crisis. The chart below is an
overlay of the three since 2000. Note: I have divided the ECRI WLI by 10 to
display on a single vertical axis with the other two indicators.
http://advisorperspectives.com/dshort/charts/indicators/ADS-CFNAI-WLI-overlay-since-2000.gif
Click
for a larger image
The ECRI Weekly Leading Index appears to be more
sensitive to upturns than either the Philly Fed's ADS Business Conditions Index
(ADS) or the Chicago Fed's Current Activity Index. In fact, it has oscillated
in a pronounced fashion since the 2009 recession trough:
·
Its peak in 2009,
interim low in 2010 (which the Institute firmly stated was not a recession
signal),
·
the interim high in
April 2011,
·
and the current
reading, which the Institute has identified as a recession flag.
The ECRI Weekly Leading Index will be fascinating to
watch in the months to come. On Monday of next week we will have an opportunity
to see if the Chicago Fed's National
Activity Index is beginning to support the ECRI call. And on Thursday
we will have the Advance Report on Q3 GDP.’
An Unprecedented 26 Million
Americans Are Now Underemployed Business Insider | The number of
underemployed individuals—rose for a third consecutive month in September, by
almost a half of a million people.
Earnings
forecasts look less bright NEW YORK (Reuters) - Prospects for corporate
earnings are dimmer in the coming quarters -- even though reports so far this
quarter have been relatively bright. [ Relatively bright? Only because most are
not relatively bright having failed to yet ‘catch on’ to this
nation-debilitating, but wall street favored defacto fraud. The ‘miracle’ of
‘funny money’ wherein the ‘debased currency strategies’ (ie., QE’s, etc.) among
other accounting manipulations lead to ie., costs reported in ‘more valuable
but fewer dollars’ and sales / revenues reported in debased dollars (simply
more of them, but no real value created, profits overstated in real terms). ]
Dave’s Daily:
http://www.etfdigest.com
‘The
above image displays quotes per second coming from HFT (High Frequency
Trading) systems http://www.etfdigest.com/images/stories/davesdaily/1866/image002.jpg http://www.etfdigest.com/images/stories/davesdaily/1866/image002.jpg . The two graphs display action towards the
close of trading Friday. The upper graph shows action of “algos” per second while the
bottom the number of HFT quotes per second over a three minute time period with
colors for each exchange. The lower graph displayed nearly 300 quotes per
second—got
that? Perhaps only a small fraction of these are real trades with the others
being just bids and offers designed to stimulate program trading algorithms.
This is posted because nearly 70% of all volume and trades on the NYSE for
example are program trades with HFTs now dominant. The above comes courtesy of
HFT Alert which is a program investors may purchase to monitor this activity.
Their homepage is HERE and we’ll be doing a two part
video podcast with them next week which should explain how all this works, why
you should care and perhaps how you can use it. HFT action may be away from the
news of the day so let’s get to it. Stocks rallied sharply marking three
straight weeks of gains. Much of the gains stemmed from earnings, hopes for a
euro fix and late comments from Janet Yellen. Earnings news continued to flow
Friday with good results from fast food outlets McDonalds (MCD) which was
helped by stronger sales in Europe boosted by the euro and Chipotle (CMG) whose
stock soared 8%. I guess fast food is the big deal now which strikes me
as an odd reason to rally stocks overall. Perhaps people find it cheaper to buy
and eat junk food than cook in their McMansions. Mostly panned were earnings
from General Electric (GE) as their core utility business had slowed and
Microsoft (MSFT) which seems just a utility-like company. But, strong earnings
and stock price gains were reported from some tech companies like SanDisk
(SNDK), Altera (ALTR) and Seagate (STX). European optimism sprang from hopes
the EU would save itself if for no other reason than because it must. The
weekend features serious meetings to structure a working plan (again…sigh) which we’re told should lead to a
vote on Wednesday. There are enough stories and rumors that are positive and negative.
Even the most positive rumor leaves a “fix” with a $1 trillion shortfall. Will the IMF and U.S.
fill the void? Good grief!! Late in the trading day the Fed threw more gas on
the bulls’
fire with Fed Vice-Chairman Janet Yellen
discussing the possibilities of QE3 if the economy doesn’t perk-up. This would be
controversial while reinforcing how all-in the Fed is with its
Keynesian policies. It’s that if at first you don’t succeed, try, try, and
try…again
policy since they have nothing else. QE2 accomplished what? A phony stock
market rally which pleased the Fed but once ended reality hit home as the
safety net was removed. Gold rallied to recover most of the losses from
previous sessions as the dollar weakened once again in anticipation of an EU
fix. The Japanese yen rose to record high and the BOJ won’t like this one bit. As
stocks rose naturally bonds fell and commodity prices rose. Volume was about
average for recent trading periods and breadth per the WSJ was quite positive.’
Banks closed in Colo, Fla, Ga;
84 failures in 2011 AP 9:14 pm EDT
With Some Hope In Europe, Time
To Go Short? Forbes Steve Schaefer,
Forbes Staff ‘European leaders are
gathering Sunday and Wednesday in meetings aimed at hashing out an expansion of
the region’s
bailout fund and recapitalizing banks, but with expectations for a solution
rising the risk of a less-than-comprehensive plan rattling markets may be
growing.
The S&P
500 has shot up more than 100 points in October, closing at 1,238 Friday, and
to trader Seth Setrakian the move is akin to putting the cart before the horse.
Setrakian, co-head of equities at proprietary trading firm First New York
Securities, called the looming announcement of Europe’s big plan “a classic sell the news” and fully expects to be
selling ahead Monday through Wednesday ahead of the second meeting even if the
market rallies.
“The bar is set too high,” he believes, arguing
that even if the market rallies on a deal being reached, the implementation of
whatever resolution plan is adopted will be cumbersome and ultimately amount to
“solving
a problem of debt with more debt.” When the market realizes that, October’s 9.5% gain to date could
unravel in a hurry.
The recent
stage in the too-rapid rise to current levels is largely a result of
short-covering and investors who missed the initial stage of the recovery
jumping on board. The shame of it, Setrakian says, is that “America is not a bad
place to invest” without the overhang of a potential dislocation
stemming from Europe.
Even if the
U.S. economy grows at a meager pace, or even contracts slightly, the
profitability of corporate America and the ultra-low level of interest rates
make for a constructive equity environment absent the risk of a European
meltdown.
Setrakian
points to the start to earnings season, which has been OK. Companies trading
near 52-week highs coming into the season have been hurt by misses – like Apple,
which fell short of consensus by a quarter – but those that were
closer to 52-week lows – Travelers
for example– have been rewarded even
without eye-popping results. Then you have the McDonald’s’ of the world, which come
into earnings near their highs of the year then post a big number
to extend the gains. (See “Earnings Season: Solid Start
Despite Whiffs From Apple, Goldman.”)
Looking ahead
to next week, Setrakian says he is keeping an eye on industrials, which in some
cases have been priced for recession.
A company like
Caterpillar
for instance, due to report Monday, could come under pressure if the broader
market sells off, but the assumptions built in for earnings are not high and at
Friday’s
$87.39 close the stock is closer to its 52-week low of $67.54 than the high of
$116.55.
Above all
hangs Europe though, and even if the policy that Germany’s Angela Merkel and
France’s
Nicolas Sarkozy come up with sounds good on its surface, “the market will test it
very quickly,”
Setrakian says. “If they drop the ball – and I think they fumble – the market could pull
back 7-8%”
What then? Well by then there may be a whole new complicating factor: the U.S.
deficit reduction Supercommitttee, which is on the clock to have its plan ready
by Nov. 23.’
Student Loan Bubble To Exceed
$1 Trillion: “It’s Going To Create A Generation Of Wage Slavery” And Another
Taxpayer Bailout Zero Hedge | Student loans are set to surpass $1
trillion in total notional for the first time in history.
EU Trying
to Borrow Its Way Out of Debt ETFguide.com [ Yeah … you really don’t have to be a financial
genius to sense the folly in such a scenario / stratagem. What’s really going
on with these ‘hopium’ HFT commissioned computer programmed algo rallies is
fraudulent wall street’s hope for sufficient taxpayer funds (as last
crisis) to enable them to unload their
positions / ‘hot potatoes’ at the most favorable prices for them, despite the
absence of real, fundamental value therein. Don’t forget, with complicit
legislative help from Washington, the worthless paper / securities / toxic
assets are now marked to anything as per misguided and (‘ facilitatively’) fraudulent legislated FASB rule change. ]
SPX
Update: Don't Get Suckered by the Head-Fake Breakout
6 Reasons a Global Recession
is Unavoidable ETFguide.com Ron DeLegge, Editor October
5, 2011 ‘Most
economists and Wall Street types are reluctant to publicly admit the global
economy is in a recession. Their reams of conflicting data are sending
mixed messages. But an honest look at key events and the behavior of
financial markets solidifies the view that the global recession we're probably
already in, is unavoidable. Let’s analyze some of the reasons behind this.
1) The Fed is out of tricks. When it comes to
manipulating financial markets in the name of economic security, nobody matches
the Federal Reserve’s prowess. Over the past few years, the Fed has engaged in
financial gimmickry of such epic proportions that angry calls for ending its
existence have been voiced from sea to shining sea. The Fed’s Treasury
purchases (POMO) and monetization of debt (quantitative easing), may have
delayed the reckoning day, but have these programs really solved America’s
long-term problems? The Fed’s latest shift from short-term to long-term debt
(Operation Twist) is tantamount to taking money from your right hand pocket and
putting it into your shirt pocket. The Fed is running out of time and out of
tricks. Ben Bernanke has finally admitted what the general public has known all
along; the job situation is a “national crisis.”
2) Stock market says we’re already in a recession.The
National Bureau of Economic Research (NBER) and its leading economists still
deny the U.S. economy is in a recession. Apparently, their slide rulers haven’t
yet confirmed it, so they need a few more quarters before issuing a press
release. Meanwhile, the stock market, which is a leading indicator of economic
activity, is screaming “recession.” Large company stocks within the S&P 500
(NYSEArca: SPY) have fallen almost 18% since July. Bulls argue this is still
shy of the 20% threshold that confirms a bear market, but even so, mid cap
stocks (NYSEArca: MDY) and small caps (NYSEArca: IWM) have already entered bear
territory. Today’s stock prices reflect expectations about future earnings,
which in turn are connected to the future state of the economy. Expectations
are rightfully low.
3) Greece has set the tone for Europe (and maybe the rest of the
world).How many financial targets will Greece continue to miss before
forecasters stop regurgitating its false numbers? When will Greece stop
embarrassing itself with financial projections it knows aren’t true? Greece’s
2011 deficit was projected to be 8.5% of its GDP but came in almost €1.69
billion above its original targets. Next year, Greece is aiming for a deficit
that’s 6.8% of GDP. With the country engulfed in civil protests, job strikes
and general chaos – how realistic are its 2012 projections? Financial bets for Greece
to succeed are a long-shot. The country’s economic projections are no longer
based upon realistic assumptions, but hopes for garnering more bailout money
and calming hostile markets. Ultimately, Greece is merely a reflection of the
entire EU region – a place where financial aspirations don’t match reality.
4) Bear funds are leading performers.The two-year period
from March 2009 to March 2011 was a difficult existence for bear market funds.
After bottoming at decade lows, the stock market skyrocketed and bear funds got
clobbered. But not anymore. Bear funds are investments that, by design,
increase in value when the underlying benchmarks they track decline. Now with
the stock market swooning, bear funds are posting huge gains. Over the past three
months, Direxion’s 3x daily leveraged bear ETFs for large cap stocks (NYSEArca:
BGZ) is ahead by 42.97%, mid cap stocks (NYSEArca: MWN) is up 58.30% and small
caps (NYSEArca: TZA) is up by 49.76%. Reversing this ominous trend, especially
when key technical levels have been pierced, won’t be easy.
5) Major asset classes are in correlation.During a bear
market, the correlation between asset classes typically jumps and this is
exactly the case right now. Over the past few months, commodities (NYSEArca:
GCC), global real estate stocks (NYSEArca: RWO), precious metals (NYSEArca:
GLTR), international stocks (NYSEArca: EFA), and U.S. stocks (NYSEArca: SCHB)
have all moved in the same general direction by recording sizable losses. Even
gold (NYSEArca: IAU) and silver (NYSEArca: SLV), which previously escaped the
wrath of losses, have joined the party. And only cash and bonds (NYSEArca: AGG)
are bucking the correlation trend.
6) Pace of sovereign downgrades is accelerating.We
don’t advocate putting implicit faith in credit ratings, because history has
taught us they are nothing more than financial opinions and frequently, not
very accurate ones. Still, a gander at the latest downgrading trend is
troublesome. Intuitive observers will note, this is not an isolated phenomenon,
but a global trend. Sovereign debt from Greece and Portugal, after several
downgrades, is now rated junk. Ireland has been downgraded and Italy was
just downgraded by Moody's to A2 with a negative outlook. Japan,
along with U.S. debt was lowered in August and another wave of more downgrades
is coming, so get used to it.
Conclusion
Investing in an economically stifled climate requires patience, diligence, and
forethought. Following the herd mentality guarantees nothing more
than mediocrity and making kneejerk financial decisions is an excellent
way to lose money. ETFguide’s Profit Strategy
ETF Newsletter continues to advocate a fiercely independent view of
world events, financial markets, and the proper allocation of
money. Ultimately, having an investment strategy that can perform during
any kind of market is a good start. ‘
How To Avoid Bubble Trouble The Wall Street Journal
Market Recap: Markets Rally on
EU Resolution Expectations, US Inks Free Trade Deals Wall St.
Cheat Sheet [Resolution expectations rally stocks, and for the umpteenth time;
yet, said ‘resolution’ purports to resolve the irresolvable; see, ie., Four Facts that PROVE the EFSF
Doesn’t Matter… At All
Phoenix Capital 10/20/2011Four Facts that PROVE the EFSF Doesn’t Matter…
At All - ‘.. And those investors who get suckered into betting this mess
will work out well are very likely going to lose everything. The impact of the
fallout from this will make 2008 look like a joke. The EU is the largest
economy in the world. So if its banking system collapses (and it will) we’re
facing a full-scale Global financial meltdown (the IMF has even warned of
this)…’ , S&P sees downgrade blitz
in EMU recession, threatening crisis strategy Oct 20th, 2011 News
By Ambrose Evans-Pritchard (The Telegraph) , Student Loan Bubble To Exceed
$1 Trillion: "It's Going To Create A Generation Of Wage Slavery" And
Another Taxpayer Bailout Durden ‘..All we need to do is teach people
that Washington D.C. and Wall Street are now the same corrupt entity.
They are one gigantic rogue trader sucking the lifeblood out of
America..’ , The Coming Derivatives Crisis
That Could Destroy The Entire Global Financial System The Economic
Collapse , The REAL $200 TRILLION Problem
Bernanke’s Worried About Phoenix Capital... ‘US Commercial banks have $200 TRILLION in
interest rate based derivatives sitting on their balance sheets. And guess
which banks have the greatest exposure…’, Dead Stocks Walking smartmoney.com
, Unthinkable Poised to Happen
on Wall Street. See Disturbing Charts. (Moneynews)
http://w3.newsmax.com/a/aftershockb/video.cfm?PROMO_CODE=CD97-1 , http://www.stansberryresearch.com/pro/1108PSI9MOVD/PPSIMA06/PR , 43,454,601,693,238 Reasons Why
The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge | By now everyone has had a chance to play with the US debt clock.
But what about its global cousin? America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’
Four Facts that PROVE the EFSF
Doesn’t Matter… At All Phoenix Capital
10/20/2011Four Facts that PROVE the EFSF Doesn’t Matter… At All [ The Reality, infra ‘.. And those investors who get suckered
into betting this mess will work out well are very likely going to lose
everything. The impact of the fallout from this will make 2008 look like a
joke. The EU is the largest economy in the world. So if its banking system
collapses (and it will) we’re facing a full-scale Global financial meltdown
(the IMF has even warned of this)…’ ]‘It’s time to settle the debate regarding
Europe’s banking system. I know that the mainstream media keeps talking about
another round of bailouts or an expansion to the Emergency Financial Stability
Facility (EFSF) as though these things matter.But the reality is… they don’t.
Europe’s problems go WAY beyond Greece’s debt. And the entire European banking
system is primed for a systemic collapse.
Consider the following
four facts:
FACT #1: Europe’s
entire banking system is leveraged at 25 to 1.
This is nearly two times
the US’s leverage levels. With this amount of leverage you only need a 4% drop
in asset prices to wipe out ALL equity. These are literally
borderline-Lehman levels of leverage (Lehman was 30 to 1).Mind you,
these leverage levels are based on asset values the banks claim are accurate.
Real leverage levels are in fact likely much MUCH higher.
KA-BOOM.
FACT #2: European
Financial Corporations are collectively sitting on debt equal to 148% of TOTAL
EU GDP.
Yes, financial firms’
debt levels in Europe exceed Europe’s ENTIRE GDP. These are just the
financial firms. We’re not even bothering to mention non-financial corporate
debt, household debt, sovereign debt, etc.Also remember, collectively, the EU
is the largest economy in the world (north of $16 trillion). So we’re talking
about over $23 TRILLION in debt sitting on European financials’ balance
sheets.Oh, I almost forgot, this data point only includes “on balance sheet”
debt. We’re totally ignoring off-balance sheet debt, derivatives, etc. So REAL
financial corporate debt is much MUCH higher.
KA-BOOM.
FACT #3: European
banks need to roll over between 15% and 50% of their total debt by the end of
2012.
That’s correct, European
banks will have to roll over HUGE quantities of their debt before the end of
2012. Mind you, we’re only talking about maturing debt. We’re not even
considering NEW debt or equity these banks will have to issue to raise capital.
Considering that even
the “rock solid” German banks need to raise over $140 BILLION in new capital
alone, we’re talking about a TON of debt issuance coming out of Europe’s banks
in the next 14 months.
And this is happening in
an environment prone to riots, bank runs, and failed bond auctions (Germany
just had a failed bond auction yesterday).
KA-BOOM
FACT #4:
In order to meet current unfunded liabilities
(pensions, healthcare, etc) without defaulting or cutting benefits, the average
EU nation would need to have OVER 400% of its current GDP sitting in a bank
account collecting interest.
This last data point
comes from Jagadeesh Gokhale, Senior Fellow at the Cato Institute, former
consultant to the US Treasury, and former Senior Economic Advisor to the
Federal Reserve Bank of Cleveland.
This is a guy who’s
worked at a very high level on the inside studying sovereign finance, which
makes this fact all the more disturbing. And he knew this as far back as
January 2009!!!
Folks, the EFSF,
the bailouts, China coming to the rescue… all of that stuff is 100% pointless
in the grand scheme of things. Europe’s ENTIRE banking system (with few
exceptions) is insolvent. Numerous entire European COUNTRIES are insolvent.
Even the more “rock solid” countries such as Germany (who is supposed to save
Europe apparently) have REAL Debt to GDP ratios of over 200% and STILL HAVEN’T
RECAPITALIZED THEIR BANKS.
Again, it DOES NOT
matter what Sarkozy and Merkel say. It doesn’t matter how much leverage the
EFSF gets. Europe is broke. End of story. And those investors who get suckered
into betting this mess will work out well are very likely going to lose
everything. The impact of the fallout from this will make 2008 look like a
joke. The EU is the largest economy in the world. So if its banking system
collapses (and it will) we’re facing a full-scale Global financial meltdown
(the IMF has even warned of this). That’s the reality of the situation
we’re in today. I know nobody likes to publicly admit it. But it’s true.What
happened in 2008 was literally just the warm up. The REAL DEAL is coming in the
next 14 months. And it’s going to involve corporate, financial, and sovereign
defaults.On that note, if you’re looking for specific ideas to profit from this
mess, my Surviving a Crisis Four Times Worse Than 2008 report can show
you how to turn the unfolding disaster into a time of gains and profits for any
investor.
Within its nine pages I
explain precisely how the Second Round of the Crisis will unfold, where it will
hit hardest, and the best means of profiting from it (the very investments my
clients used to make triple digit returns in 2008).
Best of all, this report
is 100% FREE. To pick up your copy today simply go to: http://www.gainspainscapital.com and click on
the OUR FREE REPORTS tab.
Good Investing!
Graham Summers
PS. We also feature four
other reports ALL devoted to helping you protect yourself, your portfolio, and
your loved ones from the Second Round of the Great Crisis. Whether it’s my
proprietary Crash Indicator which has caught every crash in the last 25 years
or the best most profitable strategy for individual investors looking to profit
from the upcoming US Debt Default, my reports covers it.
And ALL of this is
available for FREE under the OUR FREE REPORTS tab at: http://www.gainspainscapital.com.
· The Next Lehman: Bank of America is on the
verge of a collapse. Each minute that ticks by brings it closer to becoming the
Lehman Brothers event of this Crash. How do we know? Its financials are horrifying
and it's been hit with a $31 billion dollar lawsuit. It's in worse shape than
it was in 2008 - when it just barely survived.
· Europe Is Collapsing: Most every European
stock market is gasping for life right now. European banks are in free fall.
Germany is facing internal revolt and won't even be able (or willing) to back
up any bailouts. And Greece has entered the final stages for its financial
system -- the markets are pricing in a near 100% certainty of Greek debt
default. This will ultimately kill Europe as we know it today.
· The US Debt Catastrophe: We just blew out
our debt ceiling again. Yes, just after the last desperate extension was
passed (and the US credit rating was downgraded to great fanfare). And the US
economy remains a disaster with more and more Americans losing jobs and then
falling off the unemployment numbers. No jobs = no recovery in sight. Our
leaders have no plan but to pass more and more intrusive, ineffective
legislation.
· The Myth of the Market Saviour: QE 3 won't
solve this mess no matter how cleverly it's disguised (or trumpeted from the
rooftops). The Fed spent $900 billion and nearly one year to prop up the
markets -- and we've wiped out all those gains in just one summer month. As for
China, how did their support of the Euro go earlier this year? Or the recent
multiple central bank intervention to prop up the global markets? They're all
clueless about plugging the growing leaks on a very large Titanic.
To
be blunt, the financial system is in greater danger of systemic collapse than
at any point in history (including 2008). Do not be fooled by the recent rally
we've just seen. Things are not okay! We saw rallies of 8%, 11% and even
17% during 2008. Investors who bought into them got taken to the cleaners…’
The Coming Derivatives Crisis
That Could Destroy The Entire Global Financial System The Economic
Collapse | Most people have no idea that Wall Street has become a gigantic
financial casino.
Full moon October 10-14, 2011 … I’ve examined the weekly results for
the global markets … Conclusion: The global euphoria, irrational exuberance in
the financial markets worldwide, courtesy of the blazing full moon October
10-14, 2011 ; and yes, the lunacy once the exclusive province of fraudulent
wall street is now a global phenomenon (10th near full beginning, 14th near
full ending).
Fed should adopt GDP target,
Goldman says Oct 17th, 2011 News (MarketWatch) — PG View:
‘Yes,
it does indeed seem that “inflation as a solution” is gaining traction. I
say tom-a-to, you say tom-ah-to. I say inflation targeting, you say GDP
targeting. Whatever you call it, it’s synonymous with dollar devaluation and you best be
saving in something other than dollars if you hope to come out the other side
unscathed.’
…’The Federal Reserve should target the level of gross domestic product,
Goldman Sachs economists said ahead of a wave of speeches from central bank
officials.In a note published Friday night, Goldman Sachs said the best way for
the central bank to loosen policy significantly further would be to target a
GDP path, and commit to using more asset purchases to achieve that path.“While a shift to a
nominal GDP level target would be a big decision, it would be consistent with
the Fed’s
dual employment and price mandate,” the economists wrote.[source] PG
View: [Talk about self-serving disingenuity that along with their
frauds, goldman’s come to be known for! Goldman, like the lunatics at
salomon brothers should be out of business and vigorously prosecuted; having in
large part helped create this crisis which continues with their dollar debased
HFT’s.
(‘Salomon
Brothers' success and decline in the 1980s is documented in Michael Lewis' 1989 book, Liar's Poker.
Lewis went through Salomon's training program and then became a bond salesman
at Salomon Brothers in London.’Wikipedia. Acquired by
Travelers / Citi. ] A timely position taken by Goldman Sachs in light of the inflation piece
written by John Mauldin on Saturday. Yes, it does indeed seem that “inflation as a solution” is gaining traction. I
say tom-a-to, you say tom-ah-to. I say inflation targeting, you say GDP
targeting. Whatever you call it, it’s synonymous with dollar devaluation and you best be
saving in something other than dollars if you hope to come out the other side
unscathed.’
Can “It” Happen Here? Oct 17th, 2011 News
By John Mauldin15-Oct (JohnMauldin.com) — I was inspired for this week’s letter
by a piece by Art Cashin (whom I will get to have dinner with Monday). His
daily letter always begins with an anecdote from history. Yesterday it was
about Weimar, told in his own inimitable style. So without any edits, class
will commence, with Professor Cashin at the chalk board.[Cashin's recounting of
the nightmare German inflation, which we posted last week.]…”We
know that the world is drowning in too much debt, and it is unlikely that households
and governments everywhere will be able to pay down that debt. Doing so in some
cases is impossible, and in other cases it will condemn people to many hard
years of labor in order to be debt-free. Inflation, by comparison, appears to
be the easy way out for many policy makers.“Companies and households typically
deal with excessive debt by defaulting; countries overwhelmingly
usually deal with excessive debt by inflating it away.…But now even
serious economists are recommending inflation as a solution. Given the
powerful deflationary forces in the world, inflation will stay low in the near
term. This gives some comfort to mainstream economists who think we can create
inflation to solve the debt problem in the short run.[source]PG
View: Another great and comprehensive piece by Mauldin on the threat
of hyperinflation. Even though Mauldin believes that an independent Fed,
mandated to keep inflation in check, will prevent the unthinkable…what if he’s
wrong? He cites an “ill-conceived” proposal by Financial Services Committee
ranking member Barney Frank that could severely impede the Fed’s independence
as a reason for concern. But even if Mauldin is correct, and inflation of the
magnitude needed to meaningfully reduce our oppressive debt burden is never
unleashed, it means that that very debt burden is going to be an interminable
head-wind to economic growth and job creation. We are truly caught between
Scylla and Charybdis.
Is Anyone Dumb Enough to
Believe that Obama Supports the 99%? George Washington : 10/17/2011 - Obama Pretends He Supports
the 99% … But He’s a Wolf In Sheep’s Clothing [ Point well made! Despite his
near legendary rhetoric (aka b***s***), his near legendary actions (aka dismal
failure) have belied same. He’s so pathetic he’s become a cliché, a joke for
typical political b***s*** and is a total embarrassment! Even more embarrassing
are those who continue to cheer his opportunist b***s***! ]
'Fear Gauge' Marches Higher:
TVIX Biggest Gainer With 17% Rise Barrons.com
French Banks Can Set Off
Contagion That Will Make Central Bankers Long For The Good 'Ole Lehman Collapse
Days! : Reggie Middleton : 10/17/2011 - 13:46 ‘Due to the rampant
misinformation and disinformation (please recognize and appreciate the distinct
difference) being bandied about, I've decided to run the #s 1 more time and put
it right here in...’
Balance Of Fundamentals Will Continue To Weigh On
Market http://thestockreporter.com/balance-of-fundamentals-will-continue-to-weigh-on-market
‘…Let
us review six key fundamental factors as well as the technical panorama:
1. Sovereign
debt and financial crisis in Europe.
2. Economic
growth momentum in the USA and prospect of “double dip.”
3. Corporate
earnings reports and guidance in the USA
4. Fiscal
policy in the USA.
5. US monetary
policy.
6. Global
growth, with particular emphasis on China.
7. Technical
factors…’
Marketwatch.com Regulators on Friday
closed banks in Georgia, North Carolina, New Jersey and Illinois, pushing this
year’s
national tally of collapsed banks to 80. The Federal Deposit Insurance
Corp. said the Georgia Department of Banking and Finance closed Piedmont
Community Bank in Gray, Ga., the state’s 20th failure of the year. State Bank and Trust Co.
of Macon, Ga., will assume all of Piedmont’s deposits, the agency said. http://www.marketwatch.com/story/us-bank-failures-climb-to-80-in-2011-20...
US budget gap widens, tops $1
trln for 3rd year Reuters | Above $1 trillion for
third straight year and providing fodder for political battle over taxes and
spending.
On September
30th, the ECRI publicly announced that the U.S. is tipping into a recession, a
call the Institute had announced to its private clients on September 21st.
Early last
week, ECRI notified clients that the U.S. economy is indeed tipping into a new
recession. And there’s nothing that
policy makers can do to head it off.
ECRI’s recession
call isn’t based on just
one or two leading indexes, but on dozens of specialized leading indexes,
including the U.S. Long Leading Index, which was the first to turn down — before the
Arab Spring and Japanese earthquake — to …’
US to Experience Stagflation
Worse Than 1970s: Jim Rogers CNBC | The U.S. economy is likely to
experience a period of stagflation worse than the 1970s.
Not for Jeff
Applegate.
Mr. Applegate,
the 61-year-old chief investment officer of Morgan Stanley Smith Barney, last
week made his biggest bearish shift in more than two years, battening down the
hatches and reducing his exposure to stocks, high-yield bonds, commodities and
real-estate investment trusts.
Mr. Applegate
argues that the world is heading into recession, hurt by political paralysis
that has added uncertainty while withholding stimulus at a time of weakness.
And the past few days’ rally, fueled by progress on a European bailout and
an encouraging U.S. jobs number, has done little to change his mind.
“We’re seeing a relief rally in global equities in recent
days, but at the end of the day, we think if Europe is heading into recession — which I think they are — and if the U.S. is
heading into recession — which I think we are — then there’s more downside in
equities,”
Mr. Applegate said.
After a strong
start to the year, U.S. stocks wavered in the summer as Europe’s debt crisis
intensified. Stocks tumbled further in August as the worries spread to the U.S.
economy, sending the Dow to a one-year low last week. But as the economic data
showed tepid signs of improvement, a number of investors and traders have begun
to argue that the stock-market may have turned a corner.
Mr. Applegate
said the Global Investment Committee he runs at MSSB, which meets as many as 20
times a week but makes only very infrequent changes to its positioning, didn’t come to the conclusion
lightly.
Two and a half
years ago, Mr. Applegate began shifting to a more aggressive position,
benefiting from the major U.S. stock indexes’ 70% increase off its the
March 2009 trough. While he says there was “no single event” that tipped the balance
this time around, Mr. Applegate’s pessimism is based on well-known concerns: the
ongoing debt crisis in Europe, fears of a “double dip” recession in the U.S. and concerns about central
bankers’
ability to support the wavering global economy.
“The policy action being taken, both in Europe and the
U.S., is too little, too late,” he says.
Mr. Applegate
doesn’t
rule out a comprehensive plan to prevent a European banking crisis, but he
worries that Europe’s economy may nonetheless falter — particularly as the
European Central Bank holds interest rates steady after several increases earlier
this year.
“Europe will avoid a Greek default, but what we ware
saying is that they’re heading into recession anyway,” he said. “The European economy wasn’t exactly robust to begin
with, and it’s
hard to see how it’s going to get better.”
To be sure,
Mr. Applegate concedes that the economic picture could gradually improve, “in which case our call is
going to be incorrect.”
“We’re sifting through the evidence all the time, so if
it looks like we’ve got it wrong, we’ll need to change our
course,”
he said.
Mr. Applegate
says he isn’t
bothered by the market’s recent 11% run-up.
“We have always said that we never try to time the
market, and we don’t,” he said, adding that his committee is flexible
enough to reverse course — or even turn more bearish if economic conditions
deteriorate more than he fears. “We could still get more defensive,” he said.’
Double-Dip Recession a
Foregone Conclusion: Roubini Oct 11th, 2011 News
(CNBC) — The world’s advanced economies are headed for a second recession,
regardless of whether there is further chaos in Europe, Nouriel Roubini told
CNBC on Tuesday. The economist who correctly predicted the 2008 financial
crisis, but has got some other bearish calls wrong, said his reading of recent
data suggested the U.S., euro zone and the UK are already on the verge of
falling into a recession in the next quarter or two.“The question is
not whether or if there is going to be a double dip, but whether it’s going to
be mild or severe with another financial crisis,” Roubini told CNBC on
the sidelines of the World Knowledge Forum in Seoul. “The answer on that
depends on the euro zone.”According to Roubini, a disorderly situation in
Europe caused by a sovereign debt default, a banking crisis or an exit of one
of the members from the euro zone, would be a shock more severe than the
collapse of Lehman Brothers. He added that Europe had to get its act together
and “do the right thing” by the G20 meeting in Cannes in the first week of
November.[source]
The REAL $200 TRILLION Problem
Bernanke’s Worried About Phoenix Capital... : 10/12/2011 – ‘US Commercial banks have
$200 TRILLION in interest rate based derivatives sitting on their balance
sheets. And guess which banks have the greatest exposure? Phoenix Capital Research
on 10/12/2011
I’ve stated before that
Bernanke isn’t interested in interest rates for employment of economic
purposes. We now have definitive proof this is the case.
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/09/sc-4_0.png
As you can see,
interest rates have actually RISEN after the announcement of QE lite, QE 2 AND
Operations Twist #2.The evidence is clear, QE has not lowered interest rates.
Indeed, the only time rates FELL in the last two years was when the Fed WASN’T
engaged in QE (May 2010-August 2010 and June 2011-September 2011).So what
gives? Does the Federal Reserve not have a stockcharts account? Don’t tell me
that with the TRILLIONS spent bailing out banks the Fed can’t afford to print a
couple hundred bucks to see Treasury yields. Heck, there are plenty of FREE
sources for Treasury charts.Jokes aside, it’s clear the Fed is engaged in QE
for another reason or reasons. I believe they are:
#1) To absorb the insane
debt issuance to permit the US’s massive deficit.
#2) To keep the interest
rate based derivative market in check.
Regarding #1, it’s no
surprise that the US has been running a deficit that would make Greece proud.
Indeed, the primary strategy of the powers that be since the Great Crisis began
in 2008 was to attempt to make up for the sharp downturn in the private sector
by spending obscene amounts of money.The Fed played a big part in this.
Indeed, since QE 1 was announced the Fed has bought over $1.2 TRILLION in
Treasuries. The Fed claims it isn’t funding the deficit directly. That’s only
partially correct. The Fed is supposedly buying old Treasuries from the banks. However, the definition
of “old” can mean one or two weeks.Tell me with a straight face that isn’t
somehow buying new Treasuries.As for the derivatives situation or #2 in my list
above, 82% of the $244 TRILLION in derivatives sitting on US commercial bank
balance sheets are based on interest rates. Put another way…US
Commercial banks have $200 TRILLION in interest rate based derivatives sitting
on their balance sheets. And guess which banks have the greatest
exposure?
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/09/top%20four.gif
Looks a lot like the
list of the VERY banks the Fed has been giving the most money/ preferential
treatment to. Coincidence? Nope. This is the $200 TRILLION problem Bernanke’s
so worried about. It’s THE reason he keeps funneling money to the TBTFs.And he WILL
lose control of it, just as he did in 2008.Consider that Financial leverage
levels today are higher than during the Tech Bubble. Only this time, the
problem will be far FAR worse.Why?Because 2008 was caused by the Credit Default
Swap (CDS) market which was $50-60 trillion at the time. As I stated before,
the interest-rate based derivative problem is $200 TRILLION in size.Even if
only 4% of this is “at risk” and 10% of that “at risk” money blows up, you’ve
STILL pretty much wiped out the equity at the TBTFs.You think Bernanke might be
worried?On that note, if you have yet to prepare yourself for what’s coming,
now is the time to do so. Whether it’s by moving to cash and bullion, opening
some shorts, or simply getting out of the markets altogether, now is the time
to be preparing for what’s coming (remember, stocks took six months to bottom
after Lehman… and that was when the Fed still had some bullets left to combat
the collapse).And if you’re looking for specific ideas to profit from this
mess, my Surviving a Crisis Four Times Worse Than 2008 report can show you how to turn the unfolding
disaster into a time of gains and profits for any investor.Within its nine
pages I explain precisely how the Second Round of the Crisis will unfold, where
it will hit hardest, and the best means of profiting from it (the very
investments my clients used to make triple digit returns in 2008).Best of all,
this report is 100% FREE. To pick up your copy today simply go to: http://www.gainspainscapital.com and click on
the OUR FREE REPORTS tab.Good Investing!Graham Summers PS. We also feature four other reports
ALL devoted to helping you protect yourself, your portfolio, and your loved
ones from the Second Round of the Great Crisis. Whether it’s my proprietary
Crash Indicator which has caught every crash in the last 25 years or the best
most profitable strategy for individual investors looking to profit from the
upcoming US Debt Default, my reports covers it. And ALL of this is available
for FREE under the OUR FREE REPORTS tab at: http://www.gainspainscapital.com.’
Europe eyes bigger Greek losses for banks
Markets Are Dealing With a
Foreboding Financial Backdrop
Minyanville Lee Adler Oct 12,
2011 ‘Tracking the Fed, Treasury, primary dealers, foreign central banks, money
supply, and other key elements of US market liquidity to undertsand how markets
are operating.
Two weeks ago
I began to report that foreign central banks (FCBs) had begun to engage in
unprecedented levels of disgorgement of their massive holdings of US Treasury
and Agency paper. Prior to this year, the FCBs had typically absorbed the
equivalent of 25% of new US Treasury issuance month in and month out. That was
effectively a subsidy of US financial markets. It lowered
long-term interest rates artificially and injected cash into the US markets and
banking system.
Then about a year ago the FCBs began to slack off in their buying. In reality,
that is what necessitated the Fed's program of Quantitative Easing. The Fed had
to step in and fill the demand gap left by the FCBs gradually reducing their
rate of purchases. Had the Fed not acted when it did, long-term Treasury yields
would have started to rise and along with them mortgage rates and other
long-term rates, something that the US economy and the US government simply
could not afford.
When the negative unintended consequences of the Fed's QE money printing, primarily
skyrocketing commodity prices, exploded in Ben Bernanke's face, he was forced
to discontinue the program and allow the Treasury market to fend for itself.
The Fed had convinced itself through its self-congratulatory in-house research,
that there would be more than enough demand for Treasuries for the market to stand
on its own without the Fed propping it up.
Ironically, the US bond market was rescued by the European sovereign debt and
bank meltdown, so it appeared for a while that Dr. Bernanke might be right and
his monster experiment would come to life on its own. The European panic
triggered massive capital flight that ended up (where else?) flooding into the
US, mostly into purchases of Treasuries. Not only could the monster walk on its
own, it could actually fly! Once again the Treasury market benefited from an
unusual subsidy, this one driven by fear. Bond prices flew into the
stratosphere with yields sinking to record lows.
About six weeks ago, something changed. FCBs not only slowed their buying of
Treasuries, they stopped altogether, reversed course and actually began selling
them. Three weeks ago their selling reached a level that I characterized as
"dumping." It was simply unprecedented. I opined that this could be
the beginning of the end of the Treasury bull market, in spite of any effect that
the Fed's new Operation Twist might have.
In fact, I expected that effect to be nil, and it has been. If anything, the
announcement of Operation Twist, where the Fed offered to buy long-term
Treasuries from the Primary Dealers while simultaneously selling them short-term
paper, rang a bell for some investors. The Fed's announcement told them that
the time had come to sell their long-term paper. If the Fed was buying, they
decided that they would be glad to sell. Today, the yield on the 10-year
Treasury note rose to 2.16%. That's up an astonishing 44 basis points since
last Thursday's open.
Every other day, the Treasuries open on a huge gap. They are trading more like
pork bellies than stodgy government bonds. Worst of all, the yield on the
10-year is up approximately 45 basis points since the low in yield reached the
day after the Fed announced Operation Twist. Bernanke has egg all over his
face. The man simply does not understand financial markets. And this move does
not look like a fluke. As a result of today's market, the yield on the 10-year
has broken out of an intermediate-term base. Unless yields pull back
immediately, the implication is that the intermediate term target is 2.50.
Meanwhile, Bernanke had assured investors that long-term yields would fall as a
result of his doing the Twist.
Apparently, the FCBs were among those who took the Fed's announcement as a sell
signal. They are selling at the heaviest pace in the nine years that I have
been tracking this data. Normally, prior to the last
five weeks, the instances when they were actually net sellers were few and far
between. What has been going on here lately is no less than a sea change.
Making matters worse is that the Primary Dealers have also become massive
sellers of Treasuries and all manner of fixed income paper in recent weeks. This
data is released with a 10-day lag, so I only have data through September 28,
but given the market action this week, this trend is certainly continuing.
The dealers appear to be in trouble. They began selling off their fixed income
paper of all types in early September. That accelerated to what I can only
characterize as wholesale dumping in the weeks ended September 21 and 28. It is
no coincidence that those where the weeks where we began to see yields reverse
from their record run.
http://image.minyanville.com/assets/FCK_Jan2011/Image/October11/12/la10121.JPG
These are troubling developments, not just for their implications for the bond
market, but for what they imply about the health of the backbone of the US
financial system -- the Fed's Primary Dealer (PD) network. If the Fed is the
head, these guys are the spinal cord. Focusing on just their corporate bond
holdings the picture becomes even more troubling. If major corporations are
supposedly doing so well and their balance sheets are in such great shape, why
did the PDs not accumulate their fixed income securities throughout the
equities bull market of 2009 and 2010? And especially, why have they been
frantically dumping their corporate holdings since June?
http://image.minyanville.com/assets/FCK_Jan2011/Image/October11/12/la10122.JPG
Something is rotten here. These are signs of major systemic stress.
It's been a while since both stocks and bonds have rallied together. In recent
months stocks could only rally when bonds sold off, which was rare. For the
most part bonds were rallying and stocks were selling off. There just has not
been sufficient systemic liquidity to keep levitating both markets
simultaneously. It was either one or the other. But even the days where the stock market rallies, when bonds
sell off and yields rise, may be coming to an end, and the day where both stock
and bond prices fall and yields rise together, may be at hand.
These are just a couple of the factors that I track in my weekly reports
covering the Fed, Treasury, Primary Dealers, foreign central banks, money
supply, US commercial banking system conditions, fund flows and other key
elements of US market liquidity. The fabric of the US financial markets is
intertwined and complex. I track what I believe, from my years of observation,
are the most important threads in that fabric, to try and gain an understanding
of the context in which the markets are operating. That context is important to
the technical analysis side of my work, where knowing the liquidity picture can
help in understanding the patterns unfolding on the charts of the markets
themselves. There are always loose ends, but more often than not, even with
loose ends most of the threads tie together into a neat tapestry with a story
that is clear. This may be one of those times, and it's not a happy picture.
Editor's Note: This article was originally published on Wall
Street Examiner.’
The Structural Challenges
Facing Muni Bonds
Minyanville
Dave’s Daily http://www.etfdigest.com/davesdaily ‘The only thing wrong with the
image above is that it’s from March 2010, or on one of
many previous plans agreed upon. But, markets don’t care about this and just thirst for any deal even if
memories remain short. These euro zone fixes seem ephemeral and need
implementation to stick. HFT algos are programmed to pounce on these presumed
fixes and have been active in driving stock prices higher this past week. Let’s face it; this is the time of year bulls can make their
year with good fees and bonuses on the line…
[video] Trader: We Could Test
1120 Lows at TheStreet.com
There's A Recession Coming
According To The Data at Forbes ‘The stock market peaked in April, and is behaving in
the saame fashion it did in late 2007, when big troubles from real estate
writedowns were spreading through the financial sector.
The most
worrisome statistic this week was the Empire State Manufacturing indedx– wehich was down from a
minus 3.76 to a minus 7.7– a leading indicator of recession in the past. The
new industrial orders index from New York remained well below zero at minus
7.8.
The Federal
Reserve Board has promised to keep interest rates at zero until 2013– an admission that the
economy is not expected to rebound for two years– until the next President
is in the White House. This policy step indicates the Fed does not believe the
economy will recover either this year or next year. Never before has the
centreal bank made such a policy declaration for as long a period as two years.
There were
1300 new lows in the market on August 8th– another phenomenon that hasd not taken place since
the great stagnation was triggered in 2008. Even though the market indexes made
up all their lost ground, it appewars that investors are willing to delude
themselves that corporate profits will reemain at very high levels
despite the period of austerity we are clearly entering.
The austerity
required in Europe to deal with the sovereign debt crisis is likely to push
Europe into a recession. This will impact US corporations dependent on
important profits from Europe.
The corporate
return on revenues has risen the past two years to a peak of 14%– an unusually high level
of profits–
that is not expected to continue.
Consumer
savings are rising as household debt gets paid back. But, we are a long way
from safety levels of savings in a high unemployment period. And the higherb
the saavings rise so the lower the level of consumption will be.
Housing
numbers were down 1.5% last month underscoring that the turnaround in housing
is not close at hand.’
Market's Swoon Should Be Your Wake Up
Call
Watch Out: 2011 Looks A Lot
Like The Market Top In 2007
Sean Hanlon: ‘Back on December 12, 2007 I wrote a market commentary
that started as follows:
The equity markets have been very volatile this year, but also
range bound. A picture speaks a thousand words so all one needs to do is
view the chart below of the S&P 500 Index to understand just how volatile and
range bound things have been. Specifically, since February 20, 2007, only
nine and one half months or so ago, the S&P 500 Index has been down 5.86%, up 13.02%, down 9.43%, up 11.26%, down
10.09%, and now up 7.73% – through
12/10/07 – so far in this
latest up leg! All this in ONLY nine and one half months!
http://blogs-images.forbes.com/advisor/files/2011/07/market-commentary-1.jpg
History is
repeating itself so far in 2011, which has been fraught with ups and downs in
both international and domestic equity markets. This is due to many
things, including the considerable economic doubts and various countries debt
situations. This uncertainty has translated into market performance with direct
impacts on portfolio returns and more prominently in portfolio volatility. This
volatility is best seen in the chart below of the S&P 500 Index beginning
1/1/11.
http://blogs-images.forbes.com/advisor/files/2011/07/market-commentary-2.jpg
2010 ended
positivity and the momentum carried into the first two months of 2011 however
the end of February began a series of events that led market returns on a
whipsaw ride of ups and downs, resulting in the current universal mid-year
views of market uncertainty.
What news was
associated with this volatility? All the usual; crude oil prices, natural
disasters, corporate earnings, politics, economic forecast revisions for both
developed and emerging markets, the European debt situation, the United States
debt situation and more to name just a few.
One thing is
for certain; the current volatile, range bound market activity is difficult at
best to profit from. In this investing environment patience is the most
important attribute. I will be patient and will be careful until the
trends are preferable.
Our strategy
at Hanlon Investment Management is to attempt to minimize downside risk by
exiting risk asset classes, such as equities, during periods of uncertainty,
getting invested in more conservative asset classes, such as money markets and
short-term bonds, and re-entering into risky asset classes when we identify
them as attractive, when the trend is our friend and positive!
Having
identified this volatility, in June we made defensive, tactical investment
decisions that provide less exposure to these volatile, range bound markets and
prepare us to re-enter the markets when they possess improved risk characteristics.’
The forex
market is causing some companies to pull up stakes — Heard on
the Street
Resisting the
urge to buy the dips — Josh
Brown
Maybe it’s not stocks that are
cheap, but earnings estimates that are high — Ritholtz
China’s worsening credit crunch
—
Pragmatic Capitalism
The Occupy
Wall Street protesters are winning — Josh
Brown
The gap
between economic data and sentiment — Abnormal
Returns
Recession,
restructuring and the ring fence — John
Hussman
What happens
after a Greek default? — Fortune
Stop blaming
Greece for the market’s problems — Mark
Hulbert
China’s credit crunch is
worsening —
FT
Alphaville
Another huge
earnings miss coming? — James Bianco at The Big
Picture
It’s science: 92% of all
Billboard top ten songs are about sex — The
Atlantic
Frau Merkel,
it really is a euro crisis — Ambrose
Evans-Pritchard
Hero or
hypocrite? The Buffett Rule, then and now — Jeff
Matthews
CRB commodity
index back to 1749 (warning: extreme verticality) — Ritholtz
Will stocks rally as profit margins fall? — FT
Alphaville
Europeans
still don’t
seem to understand the enormity of their crisis — Economist
Misunderstanding
the effects of QE2 was a grave mistake, hurting us today — Pragmatic
Capitalism
The myth of cash
on the sidelines — James Bianco at The Big
Picture
A flowchart of
Greece endgames — none appealing — BBC
The unexamined
crisis of 2008 — Economist’s View
Monetary moves
have lost their magic — Reuters
Breakingviews
Jobs are not
really being held back by deficit uncertainty — The
Atlantic
The real
failure at Netflix — Abnormal Returns
Peak oil may
be beside the point — Economist
The Troy Davis
case shows how wrong eyewitness evidence can be — Slate
The Tiger Mom
goes to China — New
Yorker
Overconfidence
may be an evolutionary advantage — Discover
Buy your own
private island in NYC for less than $300,000 — Curbed
(via Felix Salmon)
Bank of
America’s
layoffs pointless, “wouldn’t even pay the lawyers” — Huffington
Post
Time to break
up Bank of America — The
Atlantic
Why is the UK
still rated AAA? — FT
Alphaville
New human
ancestor discovered — WSJ
The cost of a
crowded volatility trade — FT
Alphaville
Workers’ malaise foreshadows
wider social issues — Mohamed El-Erian at Reuters
No, we’re not waiting for your
official recession call, economist –Josh Brown in Forbes
Your guide to
living in 10 fictional worlds — Wired
Failing US
economy no reason to stop investing in print media, all experts agree — The
Onion
Enough with
the monetary easing already — Pragmatic
Capitalism
The US economy
is becoming more susceptible to hurricanes — Real
Time Economics
How Irene
lived up to the hype – Five
Thirty Eight
The War on
Terror is dead — The
Atlantic
Emerging
markets now have more heft and reach than developed ones — Economist
(video)
Why is the
White House defending banks from investigations? — Megan
McArdle
Hurricane Irene may cause a gas-price spike — CNN/Money
Know the
difference between short-term and long-term problems for the economy — Ritholtz
Why aren’t governments more afraid
of a double-dip recession? — The
Atlantic
France
deserves a downgrade at least as much as the US does — Bethany McLean in Slate
Recent market
volatility has historical precedent — Mark
Hulbert
Stop worrying
about China not buying Treasurys, already — FT
Alphaville
Fed hawks at
odds over their reasons for dissent — Reuters
Why Rick Perry
made a bid for the anti-Fed set – Slate
Maslow’s hierarchy of needs gets
an update —
The
Atlantic
How did so
many people feel one small quake in Virginia? – The
Atlantic
Philly Fed
coincident indicators turning red — Calculated
Risk
Treasurys are
priced for disaster — Capital
Spectator
Profit
recession risks tick higher — FT
Alphaville
The rich can
afford to pay more taxes — Bruce Bartlett in Economix
Everything You Need to Know About the
Latest Market Plunge [But were afraid to ask] Minyanville
Staff Aug 18, 2011 ‘After a rather
benign start to the week, markets plunged on Thursday with the S&P 500
shedding 4.5% and the Nasdaq-100 falling nearly 5%. The main driver on the day
was speculation European banks remain insufficiently capitalized. Gold jumped
nearly 25 to a record high and Treasuries rallied. Among stock movers, Apple (AAPL) outperformed the indices but still
dropped 3.7%, Microsoft (MSFT) also outperformed
closing down just 2.2%, Bank of America (BAC) dropped 6% and Oracle (ORCL) fell 8.3%.
Below are this week's top Minyanville stories examining the state of the US and
global markets.
Is
It 2008 Again? Looking at the Summer Crash of 2011
A real bear market has begun, and bonds
got it right as early as February that the biggest threat to the global
economic system is deflation.
by Michael A. Gayed
Dynamics
of This Market Panic Ripple Though History
The 10-year anniversary of the 1929 high ties to the beginning of World War II
on September 1st, 1939 when Hitler invaded Poland and France declared war on
Germany.
by Jeffrey Cooper
Are
Gold and S&P 500 Behaving Logically or Irrationally?
Unfortunately Mr. Market rarely embarks upon the logical until he has convinced
enough market participants to behave irrationally.
by J. W. Jones
Random
Thoughts: Fed Dissention and Financial Market Fatigue
The world's wildest reality show continues.
by Todd Harrison
Handicapping the Global Economic Recovery
The obvious question must be begged: where do we go from here?
by Todd Harrison
Coming
in October: Next Major Price Cycle Low
A major price cycle on the daily S&P 500 chart, which shows reliability in
bottoming about every 15.5 months, is due for its next low on or about October
31.
by Michael Paulenoff
Volume
Trends Suggest Worst Is Not Over for Stocks
When the market rallies hard after a nasty decline, one of the first things
that can determine whether the rally's a keeper or not is volume. Here's why.
by Tim Thielen
The Sign of the Bear
When the quarterly turns down, the normal expectation is for the market to
carve out a low soon, in terms of time and price -- not to waterfall.
by Jeffrey Cooper
Economy Showing Signs of Life, but Not for Long
We're on the brink of a nice little bump from the data coming in, but on the
whole, a 1930s-style depression seems to be on track.
by MoneyShow.com
Wall of Worry Keeps Rising on Europe's Credit Crisis Fears
To make matters worse, politicians in the world's crisis-free countries are on
summer vacation.
by Lloyd Khaner
Why
Is Everyone Bullish on the US?
Wall Street will always think
positively of the market, but the facts are pointing to a bearish phase.
by Gary Kaltbaum
Five
Things You Need to Know: Asymmetric Economy Increasingly Untenable and Unstable
This situation cannot continue without adjustment.
by Kevin Depew
Fed's
Easing Policy Means Worse Living Through Convexity
As the Fed removes interest rate risk through stealth QE3, it introduces other
risks, distorting incentives for investing and weakening the economy
in the long term.
by Professor Pinch
Are US Markets Facing the Abyss?
The vast majority of technicals are indicating a new bear leg.
by Jeffrey Cooper ‘
Dow Tumbles on New Worries
About Same Old Issues - Aaron Task
Who’s Worse: U.S. Banks or
Bernie Madoff? - Stacy Curtin
WHY NEW LOWS ARE LIKELY Simon Maierhofer, August
18, 2011 Last Sunday's (August
14) ETF Profit Strategy Newsletter update listed 5 reasons why new lows are
likely. Here they are:
HISTORIC REVERSAL
We've
been expecting a major market top in the S&P 500 (SNP: ^GSPC), Dow Jones
Industrials (DJI: ^DJI) and Nasdaq (Nasdaq: ^IXIC). The April 3 ETF Profit
Strategy update identified the ideal target range for a major top to be 1,369 -
1,382. The chart below was featured in the same update.
It
outlines a top around 1,370 followed by an initial decline to about 1,230
(happened in June), followed by a rally (happened in July), followed by a steep
decline.
DEATH CROSS
The
death cross is one of the most talked about technical events, that's why I
don't put too much stock in it. However, there are two interesting facts about
previous death crosses.
The
2000 and 2007 death cross occurred about three days before the S&P embarked
on its next leg down. The 2010 death cross was actually a buy signal. However,
it occurred after the S&P and DJIA bounced off a multi-year trend line.
This time the trend line was broken so a more bearish interpretation of the
death cross is appropriate.
https://www.etfguide.com/images/PDNewsletter_Images/5%20-%20April%203%20TF.jpg
SEASONALITY
August,
September, and October is the most bearish stretch of the year. September and
October sport negative performance even in the pre-election year.
SENTIMENT
From
S&P 1,370 on May 2 to S&P 1,258 on June 16, the S&P shed 112 points
and sentiment measured by Investors Intelligence (II) and the American Association
for Individual Investors (AAII) turned deeply bearish (only 37% II bulls). The
June 16 ETF Profit Strategy update took that as a queue to buy (long positions
were closed at S&P 1,340).
From
S&P 1,353 on July 7 to S&P 1,102 on August 9 the S&P lost 251
points, yet the II sentiment poll registered the second most bullish reading
since the first week of May (47.3% II bulls). AAII and II polls are often
considered the 'dumb money.' If the 'dumb money' views last Wednesday's low as
a buying opportunity, the 'smart money' should be suspicious.
VIX PATTERN
If
you have the charting capabilities, take a moment and plot the VIX (Chicago
Options: ^VIX) against the S&P for the months of September - November 2008
and April - July 2010. If you don't have the time you may simply look at the
chart below.
https://www.etfguide.com/images/PDNewsletter_Images/yahoo%20-%20vix%20pattern.gif
What
we've seen in 2008 and 2010 is that a VIX peak did not coincide with the
S&P bottom. The S&P bottom actually occurred against a lower VIX
reading. If this pattern continues, we will see lower lows.
The
August 14 ETF Profit Strategy update includes a detailed analysis of the VIX
pattern.
THE SCRIPT
Via
more or less accidental chart surfing I found a striking resemblance between
the 2007 market top and the May 2011 top. This moved me to state in the
July 17 Profit Strategy update that:
'There
is a similar trend line and a triple top above the trend line. A break below
that trend line could be a precursor of bad things. Next week the trend line
will be at about 1,262.' The S&P sliced through that trend line on August 4
and fell an additional 12% within the next four days.
The
August 7 Profit Strategy update revisited that script and concluded this: 'We
now have a rough script; let's see how much lip the actors will add during the
live performance (I.e. S&P downgrade).
The
two main things I have taken away from the 2007 script are:
1)
There will be a new low.
2)
There will be a powerful counter trend rally to around 1,xxx (reserved for
subscribers).'
THE VERDICT
We
got the new low and we got a rather powerful rally. Now the question is, how
long will the low last and how high will stocks rally?
The
script suggests there will be another low. The VIX pattern suggests there
should be another price low. Seasonality suggests that there's some headwind on
the way up. Sentiment readings suggest we should be suspicious of any rally.
The death cross also suggests lower prices.
SUMMARY
There were a number of good reasons to expect new lows on
Sunday. Yesterday's ETF Profit Strategy update recommended to go short as soon
as the S&P breaks below 1,373. This happened within the first few minutes
of trading today. Now it's time to let the script play out…’
S&P Triggers 200-day MA
Death Cross - What Does this Mean? ETFguide.com
Is This a New Bear Market? The
Chart That Tells The Whole Story ETFguide.com
Why The Worst May Be Yet To
Come ETFguide.com
·
Homes Sales Drop
3.5% in July –
…
·
Jobless Claims Rise
9,000 –
…
·
Treasuries Hitting
Record Highs (record low yields) – …
·
Inflation at the
Consumer Level Rose to 0.5% in July – …
·
World GDP Growth
Slowdown - …’
Dow/Gold Ratio Lowest Since 1987
Crash Forbes
Adrian Ash ‘Today’s gold buyers
might still get to look early birds as this depression wears on… GROWTH or defense…stocks or gold?
Intra-day noise aside in summer 2011, Mr.Market’s choice looks plain.
The Dow/Gold
Ratio –
a measure of the U.S. stock market’s valuation in ounces of gold – has sunk as equities
have plunged but gold prices have
jumped so far this summer.
Dropping
through 6.0 ahead of Friday’s New York opening, the Dow/Gold Ratio hasn’t been this low since
early 1989, back when world equity markets were recovering from the Great Crash
of Black Monday 1987.
http://goldnews.bullionvault.com/files/DowGoldviii11.png
That slump
itself had taken the Dow/Gold Ratio all the way down to 3.6, with gold prices rising
to nearly $500 per ounce as the Wall Street index sank to 1776 points. Growth,
of course, was only taking a pause in late 1987 – a quick breather before
the real race to perfection of the late 1990s. Today, in contrast, the Dow/Gold
Ratio could still go a lot further down. Or so says history.
Trading a
little over its century-long average of 10.0 today, the ratio bottomed during
the 1930s Great Depression at just below 2.0 ounces of gold for one Dow unit.
At the nadir of the next global depression – the inflationary
depression of the early 1980s – the Dow/Gold Ratio sank even lower, down to 1.0.
Whatever
flavor of depression we’ve got at the start of this decade – and it is a depression, as Western jobs data continue to show
and as the Dow/Gold yardstick will confirm if it goes much lower (keep an eye
on the underperformance of gold mining equities, too) – a growing flow of
private savings is choosing defense in gold bullion rather than choosing
business-risk in listed stocks.
That choice
might sound self-fulfilling if you work in psychiatry or government, a kind of “clinical disorder” open to curing with
medication, zero interest rates or perhaps a third round of quantitative easing
–
most likely aimed at risk assets, we guess, rather than the “risk free” Treasury bonds targeted
by QE1 and QE2 – and which institutional investors are all-too keen
to hold anyway.
So far,
however, investors choosing to buy gold only account for a tiny portion
of the money fleeing equities.
From here to a
true depression low in Dow/Gold (if such a level is reached), today’s gold buyers will need
to find many more friends. They’d also look early-birds compared with the rush out of
stocks –
and into gold – needed to reach that 2.0 or 1.0 mark.’
The Great Stocks Vs. Gold
Round Trip Aug 19th, 2011 News (BusinessInsider) — ‘ When priced
in gold stocks have now returned to where they were at the market’s low-point,
back in 2009. Actually, we’re even worse now.
http://www.usagold.com/pete/newsviews/20110819GoldSPratio.jpg PG View: In 1965 De Gaulle called for a
return to an “indisputable monetary base,” one that “does not bear the mark of
any particular country.” He of course was referring to gold. As was pointed out
in a Forbes article
early in the week on the 40th anniversary of President Nixon closing the gold
window, “over
the last four thousand years, the only period in which humanity has not
consistently based its currency in metal, specifically gold, is the last forty.” And look what that has wrought…’
Ignore Buffett's Advice, Don't
Buy Stocks at Forbes Bert Dohmen [ Yeah …
this is really good advice. As a shill for fraudulent wall street, they may
have given him some ‘stellar
performances and cash to boot’;
but, the homespun bumpkin senile buffet’s
analytical abilities, if ever really extant, have certainly passed the point of
no return. You may recall how the clintons, with a mere $1,000 or so, were
revealed as ‘commodities
trading wizards’,
but as written up in the Wall Street Journal ‘someone
was giving them money’.
In fairness, that they were singled out (was) is a bit arbitrary inasmuch as
that’s going on all the time on wall street, and now with
greater precision owing to greater computer programming capabilities, to
everyone else’s
detriment. Remember, in a manner of speaking, there are two sides to every
trade, viz., winner and loser (in relative terms).] ‘The markets plunged going into August 8. On that day,
the DJI closed with a loss of 629 points. My indicators signaled that a brief
bounce would commence the next day. According to the charts, the first target
for the S&P 500 was 1205. The target was hit exactly a few days later. That
was followed by a renewed plunge.
I have been
looking for a serious crisis to start in September. It appears that we have
seen the prelude for that. The big smart money has been preparing for the past
five months.You can see the “distribution pattern” on the charts since
mid-February. The rush to the exits is now accelerating and the smart money has
been selling short in large amounts.
The extreme
bullish sentiment that prevailed until the latest plunge was first replaced by
complacency, then by concern. However, the “fear” stage is still missing,
except at hedge funds that were forced to sell because of margin calls. In
fact, during the severe plunge in the first week of August, investment
investors became even more bullish according to Investorsintelligence.com. That
is not good for the markets.
The market
negatives are increasing in numbers. The IPO window is now shut. There are
signs that credit is once again vanishing. Loans are being called in, some
companies appear to have difficulties rolling over their Commercial Paper, junk
bonds yields are soaring, European banks may stop lending to each other, and
the European crisis is spreading out across the globe. It’s my view that this will
cause another credit crisis, just as in 2008.
What’s worse is that contrary
to 2008, the big players learned to read the signs from their 2008 mistakes.
They are now wide awake, although in the media, their minions still repeat the
same bullish fairy tale. This means that this crisis could develop much faster
than the last one. (Read my book, Financial Apocalypse, which is the 2008 roadmap, one which can be used
very well for what is now happening.)
The words “possible recession” suddenly is being
mentioned a lot in the media, although economists still strongly deny that
possibility. Our rule is that the stronger their denials, the more certain and
the deeper the recession will be. In fact, I declared in our May 9 issue of the
Wellington Letter that the recession had started.
Morgan Stanley
lowered its global GDP growth forecasts for 2012 from 4.5% to 3.8%. My forecast
is for 1%-2% or less. It would be negative growth except for the fudged
inflation numbers.
The European
politicians are not any smarter than those in the U.S. Merkel and Sarkozy had a
meeting in Paris and did nothing. That day I called the outcome “Disastrous” for the markets. It took
the markets a day to digest the consequences and then the selling avalanche
started. Many of the markets in Europe, led by the banks stocks, went into
virtual free falls, losing from 4%-7% in one day. Such losses indicate an
approaching crisis.
Now we see
some of the well-known Wall Street figures appearing in the media, telling
investors all the reasons why stocks are a good buy. One appeared with a long
list of bullish factors. Well, that list didn’t prevent the global
stock market from losing an incredible $6 trillion over the past several weeks.
He did the same cheerleading on national TV in 2007 before investors lost 50%
of their wealth.
Warren Buffett
is also once again the cheerleader saying he is buying stocks. He did that in
2007-2008 as well, and then the meltdown started later in 2008.
I would not
fall for this self-serving advice. Words cannot rescind a recession that we
already have, it cannot stop the insolvency of entire countries in Europe, it
can’t
change the fact that major profit downgrades will appear soon, and it can’t stop the China crisis
that is now starting.
Gold is
soaring, but the mining stocks look terribly weak. There is great danger now
with the gold stocks getting hit hard by less developed countries, including
South Africa, to nationalize gold mines. This is too lucrative for them to
resist.
I would get
out of all money market funds unless they are “U.S. government only.” The MMFs have big
exposure to European banks. We believe that lending between banks in Europe may
seize, which means that the whole structure will start shaking. You will start
hearing the word “contagion.”
In my opinion,
the danger period is approaching. What we have seen until now is just a “preview.” The main feature is
likely to be worse.
Bert Dohmen is
editor of Bert Dohmen’s Wellington Letter
and author of Prelude To Meltdown (2007) and Financial Apocalypse (2011).’
The "Crimes" That
Wrecked The Markets Forbes / Robert Lenzner ‘CNN’s anchor in London, Richard Quest, raised the issue
squarely today about trying to explain the “crimes” that have created this
failure to recover from the 2008 recession and the fear of another downturn
in the economy that could wipe out many of the gains we have achieved. Quest,
of course, did not mean felonies or violations of the law that would land
people in prison. I think he meant crimes of bad policy, crimes of financial
illiteracy, crimes of stupidity, crimes of poor leadership.
So, here’s my attempt to sum up my
answer to Quest.
The
powers-that-be saved the Masters of the Universe on Wall Street by using
trillions of loans, investments and guarantees that sent the signal that
Finance was the nation’s Number One Priority. This historic gift to
finance meant that the growing disparity between the super-rich and the middle
class would continue to widen, without anyone of our top policy gurus
suggesting it was splitting our nation. Some academics even worry about the “crime” of pushing the middle
class into poverty.
Nevertheless,
there was no bold strategy left to help those out of work. It was a “crime” that the stimulus
program did nothing to create any jobs in the private sector. Obama’s economic adviser in
2009 , Larry Summers, was dead set against a make-work program to put the
nation’s
skilled construction workers busy on repairing the rusting infrastructure
he finds distasteful at airports and railroad stations. Now, we are going to be
given the sop of an infrastructure bank that couldn’t possibly be in place
for years, if ever.
No question
the handling of the debt limit debacle was “crime” of poor planning, no
overall shred strategy and trying to effect a master plan for $4 trillion
cuts with only days to go before the August 2nd deadline. Keystone Cops,
whatever you wish to call it caused a loss of confidence in the nation’s politicians; a kind of
virtual “crime” on the public who
deserved better. Much better. This entire episode removed the foundations to
rational expectations for the stock market– and threw the nation into a madhouse of volatility
and confusion.
I don’t know what to call the
lapse in the markets faith in paper money– and the more-or-less steady rise in the price of gold
from $850 an ounce 3 years ago to well over $1800 today. There is no
other stock, bond or commodity you could have purchased that had this
magnificent performance. Well, maybe the shares of Apple, and some global
commodity producers.
Moreover, it
was a “crime” to do nothing about the
obscene bonuses taken by the Masters of the Universe– who only were able to
pay themselves in this way because of the federal bailout. No one has tried
to get back the fortunes taken away by Lehman’s Richard Fuld,
Countrywide Credit’s Angelo Mozillo–or either of the Merrill Lynch CEOs, who helped
destroy their iconic firm. Now there’s a “crime.”
Then, there’s the SEC’s unwillingness to
reinstitute the uptick on short sales of stock– so that hedge funds and
other speculators could not trigger sharp sell-offs in the stock market If you
had this “uptick” rule back, every short
seller would have to wait for a transaction at a higher price to sell
short–
rather than the libertarian “crime” that allows them to pound a stock lower to make
sure-thing profits. It’s a crime short sellers are able to shoot ducks in a
barrel. Shocking lack of fairness. No wonder Aunt Sadie is fleeing.
No doubt there
were “crimes” committed in the week of
volatility, with gyrations that scared the public. These movements up and down
were caused by the high frequency trading by computers owned by hedge funds– who are not investors– but in-and-out traders
several times a day and who have no regard for fundamental values. These
Masters Of The Universe have the ultimate power in American society
because of their political contributions and lobbying.
I believe
Obama’s
health plan to be a “crime” because it was a sellout to the 5 giant health
insurance firms that were given 4 years clear and free to raise their premiums
without interference. It was a “crime” because Obama was told by leading Senators it was a
terrible sellout of the citizenry.
I don’t know what to call the
bankruptcy of fiscal and monetary policy. In some existential sense it is
a “crime” that we have run out
of fiscal and monetary ammunition to turn this collapsing shock
treatment around. It is a “crime that 300 million people will be looking for Ben
Bernanke, Fed Chairman, to pull a rabbit out of a hat in Jackson, Wyoming next
week, when central bankers are meeting. QE2 came from last year’s meeting– but it created no jobs.
The same will
be true after Labor Day when the much-ballyhooed Obama speech on jobs is
coming. I fear expectations are going to be terribly disappointed. Expect
rhetoric as in “We have always been a Triple A nation– and we always will be
Triple A. ”
That was a “
crime”
of speaking mush, when 300 million people know better, and wanted to hear
something meaningful. Not to have bold, kick-ass leadership at a time of crisis
is a sad sort of a “crime.” ‘
Accounting Gimmics Resurface
as Growth Flounders at TheStreet ‘-- Accounting
gimmicks -- once the staple of the boom-boom stock market -- are on the rise as
companies attempt to convince analysts and investors that they are profitable
despite a sluggish economy, according to industry watchers. Accounting techniques of
Groupon and Zynga were under the spotlight recently, with the
Securities and Exchange Commission instructing both companies to adhere to more
stricter and conventional accounting standards, causing them to amend their IPO
offer documents.
The creative metrics in the IPO documents of recent
social-media IPOs are reminiscent of the dot-com bubble when stocks were valued on metrics like
"eyeballs", while fundamentals like revenues and profits were ignored.
Rebekah Smith, director of financial advisory services at
accounting and consulting firm GBQ consulting, says accounting tricks and
schemes are likely to start unraveling as we head into 2012 and the lag effect
catches up. "The typical accounting fraud goes on for about 18 to 26
months before it is uncovered. The frauds that took place in 2009 are not going
to surface until later in 2011 or into 2012."
Financial statement fraud like the kind that took
place at Enron are rare. The Association of Certified Fraud Examiners estimates
that such manipulation accounts for only 4.8% of total fraud cases, although it
causes the most financial damage, with the median loss being more than $4
million.
But accounting gimmicks that focus on non-GAAP
(Generally Accepted Accounting Principles) measures are rampant and they can be
misleading.
Groupon, for instance,
claimed that the marketing expenses incurred to acquire customers were
"one-time investments" and hence they should be excluded from the
calculations of operating income.
By that metric the company made an operating profit
at $81.6 million in the first quarter of 2011, as opposed to an operating loss
of $113.9 million under traditional accounting standards.
However, analysts were quick to point out the metric
was absurd. "If you are going to capitalize acquisition costs, the onus is
on you to show proof that acquired customers stay as customers (and actually
buy products for many years)," Aswath Damodaran, Professor of Finance at
Stern School of Business and a reputed author of textbooks on valuation, wrote
in a blog post.
"With strong competition from other online
coupon based companies (like LivingSocial), it is entirely possible that
customers once acquired, are fickle and move on... If that is the case, the
acquisition cost has a very short amortizable life and begins to look more like
an operating expense," he wrote.
Zynga issued a restatement of its second quarter
results saying it did not hew to accounting standards in the way it estimates
how long people play its video games. That had the effect of understating
revenues during the second quarter. While the impact of the Zynga's restatement
itself was not substantial, it highlighted the murky accounting involved when
it comes to new business models.
"There is a new market of publicly traded companies with business
models that open more room for interpretation on how revenues and costs should
be treated. We do see some aggressive accounting techniques" says Dan
Mahoney, director of research at the Center for Financial Research and
Analysis, a unit of MSCI that specializes in forensic accounting.
Smith of GBQ
Consulting says there is a greater risk of financial statement manipulation at
such new-age businesses. "We have a lot of new business models and people
are still trying to understand how the finances of these companies work,"
she said. "Companies get to decide what to tell them[investors] on how
their industry works. They decide what the metrics should be."
While in a
traditional sector an astute analyst might call a company's bluff, it is harder
when you don't have history as a guide. "We don't have a typical 10-year
history. As a financial professional, you can't make a conclusion on what the
financial metrics should look like," says Smith.
Mahoney at
CFRA says companies with high valuations are also ripe for these sort of
gimmicks, as they are under pressure to sustain valuations.
While in a
traditional sector an astute analyst might call a company's
bluff, it is harder when you don't have history as a guide. "We don't have
a typical 10-year history. As a financial professional, you can't make a
conclusion on what the financial metrics should look like," says Smith.
Netflix(NFLX) has been
criticized in the past for its calculation of subscriber churn rate, which
looks at the number of cancellations as a proportion of subscribers. Netflix's
method has the effect of overstating the subscriber base, thus making the churn
rate seem lower.
Analysts have
over time learned to adjust for this inconsistency. And as it turns out, the
movie rental firm has drastically limited the
metrics it is willing to provide , saying that in 2012 it will no
longer report churn, gross subscriber additions and subscriber acquisition
costs.
Problem
solved.
Stern's
Damodaran says companies resort to these tricks because the market analysts
simplistically assign multiples to a profit metric. All companies have to do is
"make a change that affects earnings and you can change the
valuation," he says. "Investors need to understand what Groupon's
business model is, what their potential market is, who are they going up
against."
--Written by
Shanthi Bharatwaj in New York
>To contact
the writer of this article, click here: Shanthi Bharatwaj. ‘
Morgan Stanley Biggest Welfare
Recipient as Federal Reserve Lent Banks $1.2 Trillion During Financial CrisisWall
St. Cheat Sheet
Dow:Gold Ratio and the Secular
Bear Market at Minyanville Toby Connor Aug 23,
2011 ‘However low the risk, large potential trades are now in the stock market,
not in playing chicken with the gold parabola.
As I have been warning investors for many months, stocks
have now entered stage III of the secular bear market. Gold, on the other hand,
is now in the final parabolic phase of a 2.5 year C wave advance.
My best guess was that we would see a Dow:Gold ratio of between 5-6 before this
C-wave ended. The ratio was at 5.71 as of today. I think we may still have a
little further to go on the downside for stocks and a little further upside
in gold. So it's entirely possible that we could see a Dow gold ratio of 1:5
before the trends reverse.
http://image.minyanville.com/assets/FCK_Jan2011/File/August11/tobyc8231.JPG
Click to enlarge
However low the risk, large potential trades are now in the stock market, not in playing
chicken with the gold parabola.
Cyclically the stock market is now in the middle of the timing band for an
intermediate bottom. Presumably a sharp bear market rally in stocks will
trigger a regression to the mean, profit-taking event in the precious metals
market (the D-wave).
D-waves almost always test, and sometimes marginally penetrate, the 200-day moving average. I've illustrated in
the chart above a rough guess as to where I expect the countertrend rally in
stocks and the D-wave correction in gold to retrace.
Keep in mind that the fundamentals for gold have not changed. A D-wave is
simply a profit-taking event triggered by an unsustainable parabolic rally. It
has nothing to do with fundamentals. Once the D-wave has run its course, gold
will enter a sharp snapback rally (the A-wave), after which it should
consolidate for the remainder of the bear market in stocks.
Stocks, on the other hand, after what should be a very convincing bear market
rally, will roll over and continue down into a final four-year cycle low,
probably in the late summer or early fall of 2012.
Depending on whether or not the Fed tries to fight the cleansing process, or
Ben Bernanke tries to stop the bear market with another round of quantitative
easing, stocks should either test or breach the March '09 lows.
Either way I expect that 2012 will go down as one of the worst years in human
history. Certainly in the same category as 1932, if not worse …’
Is the Market Forecasting War? { Kind of a ‘large dart board’ in terms of ‘educated guessing’ in light of the
perma-war ‘bent’ of these perma-war ‘bent’ nations; viz., ie.,
u.s., israel, europe, etc.. } [ If so,
and if this writer’s
correct, all nato’s
and america’s
misguided actions in the Mideast will be viewed as an attempt to weaken Arab
nations for the benefit of war-mongering israel and will never be forgotten as
such, to the substantial detriment of the dying so-called western alliance. ]
End Of Cycle Smelling Like Dow 3K,
Gold 3K Forbes
/ Bill Bonner ‘ Listen up, dear reader herein we announce an historic Daily
Reckoning
forecast. Here’s your north star, your compass, your
GPS to the future. Print it out. Paste it to your refrigerator:
About
the turn of the century, two markets turned Gold turned up Stocks turned down
These major trends will end Whence they meet
Our
view is that the bear market began in January 2000. The feds fought it off with
two huge extravaganzas of spending — the first beginning in 2001 the other
after 2008.
Stimulus
does wonders for stock prices but it no longer works for the economy that
sustains them. For every dollar that the Fed has put to work to fight the
crisis since 2008, for example, it has produced only 80 cents worth of GDP. It
didn’t work.
Fighting
a credit contraction with more credit is a losing proposition. Eventually,
investors are bound to realize that stocks are headed down. Eventually the bear
market will resume. And eventually it will come to an end.
But
when? Our guess is that it will end when the Dow and the price of gold arrive
at the same point — probably around $3,000. Whatever the
number, you’ll be able to buy the entire group of
Dow stocks for the price of one ounce of gold.
Of
course, our view is a minority one. Warren Buffett
doesn’t buy it. Most investors don’t
buy it. We don’t even suggest that you buy it, dear
reader. Just remember it. If it turns out as expected, we want to be able to
say ‘We told you so.’
And
if it doesn’t work out? Please have the grace to
forget we mentioned it.
We
would like to be able to predict the future, but we’ve
never gotten the hang of it. We’re just guessing.
But
since we’re just guessing, we don’t
see why we should hold back.
We’re
also guessing that…
…the weight of so much debt is
depressing growth…and will soon depress stock prices too…
…that the economy is becoming zombified
from too much government money…especially the military…
…that Mr. Market is ready for a long
bear market anyhow; he’s tanned, rested, and ready to go to
work
…that the US is following in Japan’s
footsteps…towards a long period of on-again,
off-again recession
…that the recession of ’08-’09
in the US never actually ended…
…and that stocks will go down over the
next 5-10 years until they finally hit a real bottom.
Our
guess is that gold goes down, shakes out the speculators and weak investors and
then, perhaps a couple years from now, perhaps longer —
begins its third and final phase.’
Back-to-School Sales Looking
Blahat The Wall Street Journal
How much higher can Apple shares go without Jobs?
(Reuters) [ Or the market without jobs? … The answer
euphemistally is not much … but more
accurately should be not all and down quite a bit! ]
Arguments for Being in the
Crash Camp Conor Sen Aug 29, 2011 ‘If you want to take risk, only
own things you're willing to own in a down 20-30% tape, because that's what we
could see over the next month. ‘This
piece is going to read a bit like an inner monologue in the hopes that seeing
how I wrestle with conflicting ideas may help with your own thought process.
One of the responsibilities of putting your thoughts online for public
consumption is only writing when you think you have something worth reading.
After awhile you accumulate
a portfolio of pieces and can see common themes in your writing, the
struggles you've had, and whether you've been on the mark or not. And this
summer I've written primarily about three topics: 1) the 2011 consumer tech IPO
names led by Groupon,
LinkedIn,
and Zillow,
which I've done a reasonable job with, 2) pessimism
about the debt ceiling deal being resolved early due to the
intransigence of the 2011 GOP, which I also feel I analyzed well, and 3) the
ongoing macro tug-of-war between compelling valuations and the escalating
European debt crisis, which I've gotten wrong.
The closest I got was in a June 24
piece where I wrote,
"My
experience in 2007-08 taught me that in credit contagions understanding these
dynamics is all that matters. Charts don't matter, macro data doesn't really
matter, and until the contagion stops valuation doesn't really matter either. A
$1 bill could trade for 70 cents if firms need to raise capital."
That's what I fought earlier this month, convinced that valuations for some
blue-chip firms and not-as-bad-as-people-think macro data would be good enough. It
hasn't been. The problem is, I thought about the issue too narrowly, focusing
only on European sovereign spreads without seeing the second-order effects
those spreads would eventually have. As sovereign spreads for the European
periphery widened, governments responded by imposing austerity measures, which
have now flowed through to the point where Europe may be back in recession.
Here's one measure of the trend in economic activity for the key European
countries.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchJUNE2011/plummet1.jpg
With sovereign spreads stressed and economic activity rolling over, European
banks have been under pressure, both the equity and of course the credits, with
credit default swaps for European banks at wider levels than they were in
2008-09.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchJUNE2011/plummet2.jpg
The problem with this is that credit spreads and equity prices
are intricately linked, as this chart from Goldman Sachs shows comparing the
spreads of the key iTraxx Main CDS index with the STOXX 600 index, Europe's
equivalent to the S&P 500.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchJUNE2011/plummet3.jpg
And in a leveraged, interconnected world, a systemic problem somewhere flows
everywhere else, as investment-grade and high-yield credit indices in the US
show.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchJUNE2011/plummet4.jpg
The key question I've asked this week is: Can European banks, or Bank of
America, fund themselves right now? The answer is no. That's a problem. If
economic data were getting better, even on a green shoots basis, that might be
one thing, but just about every data point we've gotten out of Europe recently,
or Philly Fed here in the US, has been negative on a second derivative, and in
many cases, a first derivative basis.
If we knew that fiscal and monetary policymakers were ready to fire bazookas
and gas up their helicopters, that'd be a different story. In 2008-09 we got a
big fiscal stimulus package out of China and a lesser but still sizable one in
the US. Today we have both the US and Europe looking to cut spending, not
increase it. On the monetary policy front, the ECB actually raised rates this
summer, and Ben Bernanke's speech at Jackson Hole on Friday shows that either he
doesn't think additional stimulus is needed, that it won't help, or that
there's too much political risk to take bold action, precisely
the problem he said hampered the Japanese in his famous 2002 speech on
deflation.
Most worrisome of all might have been comments
out of German Chancellor Angela Merkel last weekend, when she said,
“Politicians can’t and won’t simply run after the markets. The markets want to
force us to do certain things. That we won’t do. Politicians have to make sure
that we’re unassailable, that we can make policy for the people.”
This is after a 25% drop in the DAX, and the leader of the country that holds
all the cards in Europe says that she won't be bullied by markets. The
Bernanke/Merkel/Trichet put may exist, but its strike price appears to be a lot
lower than many thought.
When nearly every major bank in Europe has a credit spread north of 300bps or
is headed there in a hurry, I'm not going to make the argument that so-so US
economic data, solid earnings, and attractive valuations
will win out in the short term. Markets are cruel and merciless when it comes
to leveraged institutions under financial stress. In 2008-09 to combat this we
got TARP, the AIG (AIG) bailout, the stimulus package, the
Temporary Liquidity Guarantee Program (TLGP), a whole host of other short-term funding programs from the Fed, and
finally in March of 2009 we got green shoots, second derivative improvements in
the economy. Today we have, "Most of the economic policies that support
robust economic growth in the long run are outside the province of the central
bank." If the SPX went to 700-800 we would see multi-generational bargains
for a whole host of names, many of which would trade at around cash value plus
a 2-3 multiple on earnings. But structurally, there's no reason why it can't
happen. If you want to take risk here, only own things you're willing to own in
a down 20-30% tape, because that's what we could see over the next month.’
Stocks Woosh Higher in Vacuum,
Now Perfectly Poised for Disappointment at The Wall Street
Journal
What to Expect Next From the
Markets at Minyanville Jeffrey Cooper Aug
29, 2011 ‘Conclusion: It looks like
a program was run using the least amount of dollars to goose the indices by
focusing on some big cap names like Apple (AAPL), Amazon (AMZN), Baidu (BIDU), IBM (IBM), and Caterpillar (CAT) on Friday. That is why the market is so
dangerous here ‘ ‘From a technical
perspective, the markets are looking dangerous right now. On Friday, a big buy
program was run for Ben Bernanke’s speech after running the stops and getting
traders short.
The S&P buckled after breaking the 1154 mid-point of the recent range,
running the stops and trapping shorts for good measure on a Pinocchio of the
key 1140 support, as offered in the last report.
However a first hour low was scored in a mirror image of recent first hour
highs and I sent an alert to cover shorts.
Combined with Bernanke’s speech, the flip was switched to save a poor weekly
close when the S&P recaptured 1154.
A 10 minute chart of the SPY shows a downside ORB (a break of the opening range
defined by the first 30 minutes) to flush the stops, and then an ORB Reversal
back through the level of the downside pivot, followed by a powerful Reverse
ORB on a thrust back through the top of the opening range implying a trend day
to the upside.
http://image.minyanville.com/assets/FCK_Jan2011/Image/cooper/0811/29/ARCX_SPY_10%20--%20SPDR%20S&P%20500%20TRUST.jpg
The promise of the Catapult ORB -- first to the downside then back to the
upside -- was further fulfilled on penetrating topside lateral resistance above
117 SPY.
In so doing, the notion of a Fed Cha Cha Cha was turned into more of a
jitterbug for the shorts to run for cover.
The ensuing extension by the SPY led to a retracement back to the low of Thursday’s
high bar.
Thursday gave a first hour high while Friday gave a first hour low as the
robots play ping pong with tape.
One might fairly call Friday the “case of the missing ‘cha’".
Typically following Fedspeak, there is a sequence of 3 moves in opposite
directions with the third move being the genuine bias.
In Thursday
morning’s report I suggested that the direction following the first
hour on that day should be the bias into the weekend. There was a change
of character in the dynamics which the Reverse ORB did a good job of
identifying.
There is another short term change in character implying a continuation on
Monday morning (whether that will define a first hour high again near the
important 1180ish resistance remains to be seen).
That short term change in character is set up by Friday’s Reversal of a
Reversal, or what I call a ‘Kaiser Soze’.
Why? The important Three Day Chart Turned down on Monday as the S&P traced
out 3 consecutive lower daily lows. In addition, Monday saw the Weekly Swing
Chart turn down.
http://image.minyanville.com/assets/FCK_Jan2011/Image/cooper/0811/29/SPXweeklyJulyb.jpg
Click to enlarge
The fact that the turndown was marginal and defined a low immediately in terms
of both time and price was a bullish indication of a short term test and a
potential short term “W” bottom on the daily charts.
The takeaway was a multi-day rally which played out, finally satisfying a kiss
of the overhead 20 day moving average which the S&P
failed to accomplish on the first rally off the lows.
http://image.minyanville.com/assets/FCK_Jan2011/Image/cooper/0811/29/INDEX_$SPX_D%20--%20S&P%20500%20INDEX%20%7BDelay20%7D.jpg
The tag of the 20 dma, which played out on Thursday, was the first test of that
trendline since the Cascade Setup began in July.
A pullback to the 20 dma is referred to by many traders as the Holy Grail for
its effectiveness in defining a reversal point -- especially the first time.
Like clockwork, the S&P was rejected by the 20 dma on Thursday in concert
with a turnup of the Three Day Chart. This defined another high, setting up a
continuation trade for Friday to the downside.
However, a funny thing happened when the bears pressed the case of the “yes we
have no QE3 Bananas for you” speech at the Jackson Hole forum -- the S&P
left a Reversal of a Reversal, stopping right at the 20 day moving average and
flirting with an extension above it this morning. This would coincide with a
breakout over a trendline from late July.
Not all breakouts are created equal, as we saw with the breakout to a new high
in May this year and also on the short-lived trendline breakout into the
important July 7th pivot high.
http://image.minyanville.com/assets/FCK_Jan2011/Image/cooper/0811/29/SPXdailyAprilb.jpg
Click to enlarge
My rule of thumb is that breakouts and upspikes in persistent bear phases are
made for the selling. However, as the weekly chart of the S&P shows, the
index will turn its weekly chart back up on trade over last week's high of
1190.68 (Thursday’s first hour high).
The normal expectation is that this would set up another high, but because of
the pattern of the W bottom, the constructive behavior on last week's turndown
of the Weekly Swing Chart, and because the S&P is poised to pop over its 20
dma this morning which coincides with a breakout over a declining trendline,
there is a likelihood that the bears will keep their claws in their pockets and
the bulls may snort a little. While I would give the market its due on the
upside if the action is constructive following the turn up of the weekly chart
-- which the futes suggest will occur near the open -- I am not too interested
in being long more than a few hours and overnight.
Be that as it may, a further change in short term behavior and constructive
action following a turn up of the Weekly Swing Chart suggests a move to/over
1208, the recent swing high.
At
the same time the the 55-day panic point from the July 7th pivot window does
not close until August 31st, so this is tricky here. However, the market is not
a fine Swiss watch and when it comes to these cycles one must allow for plus or
minus a few days. I think we should key off the behavior following a turnup in
the weekly chart and the action following the first hour. If the trend is still
in runaway down mode, another high could be defined quickly. I would exercise
some patience here and let the market speak.
The cycles suggest another short-term plunge into September 3rd and then a
bigger rally to 1220 or higher into/around the end of the first week of
September to September 11th. It then suggests another plunge that undercuts the
1100 low to possibly as low as 1018ish. If a flush of the lows plays out under
1100, it could mirror the pattern from 1937 or 1938. In other words it could be
a fractal of the first waterfall decline with a marginal undercut, or we could
see a deep flush of the lows.
The takeaway is that not all W bottoms are created equal. Often a W V pattern
plays out. This is the pattern that played out from the triangle/consolidation
in late 2008 to the “V” in March ’09.
http://image.minyanville.com/assets/FCK_Jan2011/Image/cooper/0811/29/DJ-30%201937%20-%201938%20final%202.jpg
While the institutional bulls are caught long on the trap door setup from
August, a little strategy is required: above 1180 and then 1200 could see the
S&P test 1220ish. This marks the double tops from April/November 2010. When
the market knifed though those prior highs, which should have been ultimate
support if the trend was still healthy, the Head & Shoulders Top projection
to 1150 at a minimum became irrefutable. Those prior peaks near 1220, now
broken, should offer substantial resistance. However, with many funds trapped
short and everyone looking for a test of the neckline near 1250/1260 and a test
of the 200 day moving average as it turns down,
reconfirming the sign of the bear, it’s anybody’s guess if the sellers let it get
back there -- at least in September. Perhaps a test of the 200 day plays out
after a ‘W V’ and a flush of the lows, leading to a big “Bankers
Rally”/Christmas rally to rescue bonuses, like in 2007.
Conclusion: It looks like a program was run using the least amount of dollars
to goose the indices by focusing on some big cap names like Apple (AAPL), Amazon (AMZN), Baidu (BIDU), IBM (IBM), and Caterpillar (CAT) on Friday.
That is why the market is so dangerous here -- because despite big gains in
these names when a big fund turns around to liquidate, they find few
substantial bids on the way back down and these same stocks can be down 4 and 5 points
again with another 400 point DJIA down day. When exactly that next break comes
is anybody’s guess, but cycles suggest it is sooner rather than later. I would
be patient about being too long for more than a few hours to a day or two for
the time being. With everyone looking for the Big Backtest of the 200 dma, it
is also anybody’s guess as to when that arrives -- from here or following a
flush out of the lows. With everyone eyeing perceived targets of S&P 1220
to 1250, will the market just burn out here with everybody waiting and with an
undercut of the lows having to play out before a better rally into year end? It
is interesting that the war cycle from 1990 -- when Iraq's invasion of Kuwait
on August 2nd precipitated a market waterfall -- that there was a July pivot
high as there was this year.
In 1990 there was no low until October. August 2, 1990 was 252 months ago,
tying to the big September 3rd historic cycle (which includes the 1929 all time
high). In addition we have the 120 month anniversary of 9/11 and that Spike
& Reversal pattern coming up, so I think a lot of volatility remains in
store and patience and discipline will be critical no matter how good a short
term change in character appears.
Strategy: I would look to scalp long above 1170 and scalp short below 1160.
Monday may hold up, but it will be interesting to see if we reach the high for
the week today -- in bear phases the first hour of the session often times scores
the high for the day. If Tuesday is a reversal day, I suspect the market will
trend down into the Labor Day weekend. If the market rallies up into the
weekend it should define another ledge and jumping off point.
Gold broke according to expectations early last week from just above 1900.
Another short sets up in the 1820 zone if it hasn’t already topped with a
turnup of the daily charts on Friday. Ditto iShares Silver Trust (SLV). The next break should target 1660 and
below that 1590.’
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.
At some point, his statute of limitations on blaming Bush runs out. The
latest joke is that the White House is that named the location of East
Coast earthquake near DC “Bush’s Fault.”
Obama himself said, “…that after three years, if the economy wasn’t fixed he should be a one-term president.”
Clearly the economic malaise started on
George W. Bush’s watch. Its causes will be
argued for decades, but most of them are traceable to irresponsible lending and
excessive spending— both by government and the American
people. The trouble that started before 2008 is directly traceable to
actions (or inactions) of Bush and GOP allies in Congress. They spent
America into the start of the current deficit during his eight years in the
White House.
But that was then, and this is now. Since Obama took office the
situation has gotten much, much worse. Obama has run up the
deficit at more than twice the rate Bush did. During the first quarter of 2011,
the US economy “barely grew”
—at
0.4%—that
was followed by second quarter’s “anemic growth”
of 1%. This was during the period when the Obama recovery was supposed to
be well underway. Employment data is unremittingly terrible: new
jobless claims are stuck at 400,000+/- each month, with job creation well below
what it takes just to absorb new workforce entrants. More Americans have
been unemployed longer than ever in our history. And looking ahead, the
news is not good.
This is Obama’s failed American recovery, and in the
near future, Obama’s impending double-dip recession (thanks
in no small part to his three consecutive years with Trillion-dollar in
deficits that have inflated the national deficit to soaring heights—$14+
Trillion.) That legacy clearly belongs to President Barack Obama
and with help from the Congress led by Harry Reid and Nancy Pelosi during
2008-2010. Thanks to them, our country hasn’t even had a budget since Obama took office.
The latest Obama Blame Finger pointing
focuses on the “Tea Party”
as “extremists”
who have a problem with astronomical deficits as far as the eye can see.
(Pointing at Bush is getting a little old since he’s
been out of office for 2-1/2 years). Obama needs a new scapegoat.
The problem with the Tea Party is that it is like the child in the fairy tale, “The Emperors New Clothes.”
The child is reviled for pointing out that the emperor is naked. Thus,
the Tea Party is not wrong, just unwelcome.
Now Obama also wants to point the Blame
Finger at the GOP House for the downgrade in the US debt rating by Standard and
Poor’s.
It seems that he believes that everyone else is to blame but him. That
downgrade was predestined by the combination of irresponsible spending and
Obama’s
clueless attempts to throw money at a recovery to no avail. Spending
$1.50 for every dollar of revenue, running trillion dollar annual deficits is
reason enough for a downgrade in the US debt rating.
Face it folks: This is
Obama’s failed recovery. And if (or when) it
comes to pass, this “double-dip” recession (just around the corner) is his too.
Make no mistake, there IS plenty of
blame to go around. About 75% of Americans are fed up with both Obama
and Congress. The conservative and liberal factions of the House
and Senate behaved badly in the recent debt ceiling negotiation.
President Obama wanted to stay above the fray so he provided no leadership. He
didn’t
even know how to bring the opposing viewpoints together. He talked about
bi-partisanship and consensus, but his actions disproved his words.
Until the president saw an impending
disaster, he sat on the sidelines, afraid to do anything that might hinder his
reelection campaign. Then, when his intervention didn’t
help, and arguably hurt the progress, he grew impatient, petulant and angry.
John Boehner, however, did an admirable
job trying to build a compromise deal on the debt ceiling, and get his own
Caucus to support such a plan. Except, Obama was attacked by his liberal
base for even considering the “grand bargain,”
so he came in and dumped another “raise taxes more”
demand on Boehner. I’d have walked out too, which Boehner
was right to do.
But at least they were arguing about the right thing: how much
to cut spending and how.
The Tea Party’s
desire for fiscal responsibility is right, but it doesn’t
mean that tax revenue can’t be increased. It can; how it’s
done is what matters. The tax code desperately needs to be
restructured. Simply digging in on old positions doesn’t
help; it hurts. The goal is to “get the country working again,” and grow our way out of this mess.
The one phrase of President Obama’s
that I agree with is “Country First.”
But John Boehner was the one who tried his best to put “Country
First.”
If Obama truly chooses that as his 2012 campaign slogan, it will reek of
hypocrisy.
If the members of Congress would put 1)
country first, 2) constituents wishes next, and 3) personal agendas last, they
might be able to work together to find a way out of this mess.
What happens in the Super-Committee of
Twelve will be both revealing and predictive. Either America’s
Congressional leaders will—or won’t—put
"country first" and try to find common ground and reasonable
compromises to lead America out of this mess.
Whatever happens, this failed recovery
and impending recession belong to President Barack Obama. His
condescending explanations of why “we Americans”
don’t
get it, how “this will take a long time,”
this recovery, and his “class warfare”
about “millionaires
and billionaires” versus the “common
folk”
are all wearing thin.
This kind of rhetoric won’t
solve America’s problems. It
takes strong, informed, and experienced leadership to get through a mess like
this one. We need a fixer, not a hypocritical speechmaker in the White
House. Barack Obama is not that man. A wise man once told me, “The person who got you into a problem is seldom
the one who will get you out of it.” That’s why there will be no recovery on Obama’s watch…’
http://dailybail.com/storage/chart-real-unemployment-3.gif?__SQUARESPACE_CACHEVERSION=1314981227699
’It’s now above 23% with the August update.
Details from John William’s Shadow Stats.’ Shadow Stats
‘The seasonally-adjusted SGS Alternate Unemployment Rate reflects current
unemployment reporting methodology adjusted for SGS-estimated long-term
discouraged workers, who were defined out of official existence in
1994. That estimate is added to the BLS estimate of U-6 unemployment,
which includes short-term discouraged workers. The U-3 unemployment rate is the
monthly headline number. The U-6 unemployment rate is the Bureau of Labor
Statistics’ (BLS) broadest unemployment measure, including short-term
discouraged and other marginally-attached workers as well as those forced to
work part-time because they cannot find full-time employment.’
Deja Vu All Over Again: Total
US Debt Passes Debt Ceiling… In Under One Month Since Extension Sep 2nd, 2011 News
(ZeroHedge) — ‘Remember when one month ago the US, to much pomp and
circumstance, not to mention one downgrade, announced a grand bargain raising
the debt ceiling from $14.294 trillion to something much higher, with a stop
gap intermediate ceiling of $14.694 trillion, or $400 billion more. Well, as of
today, or less than a month since the expansion, total US debt is at $14.697
trillion. Yep – the total debt is again over the ceiling, which means the US
debt increased by $400 billion in one month. Score one for fiscal prudence. And
while the total debt subject to the limit is still slightly less, at $14.652,
one week of Treasury auctions and will be time for Moody’s to justify again why
the US is a quadruple A credit. http://www.usagold.com/pete/newsviews/DebtCeiling.jpg ‘
Global Recession: Right Here,
Right Now at Minyanville Mike Mish Shedlock
Sep 02, 2011 Why are we talking about avoiding recession when the global
economy is clearly in one and fundamentals are horrendous?
‘It's time to stop debating whether or not the US or
Europe is headed into recession. The facts show the entire global economy is in
recession.
Global Recession Supporting Data-Points
Ten Thoughts
1. Prior stimulus in the US is dead, having run its full course.
2. There is no incentive in the US Congress for more stimulus.
3. Austerity measures have yet to hit Italy and France.
4. Austerity measures will continue to bite Spain, Greece, Ireland.
5. Germany's export machine will die without the rest of Europe.
6. QE3 will fail much sooner than QE2 as interest rates already extremely
accommodating.
7. Gold may respond well to competitive currency devaluation schemes.
8. The Eurozone is highly likely to breakup, although timing is unknown.
9. Global equities and commodities are priced for perfection.
10. Perfection is not happening.
Talk of avoiding recession when the global economy is clearly in one and
fundamentals are horrendous is sheer lunacy. For more, see Mish's Global
Economic Trend Analysis here.’
U.S. Postal Service nearing bankruptcy as email
asserts its dominance [Good! Let UPS take them over … the usps is totally unreliable]
‘Brendan posted earlier
about how Citigroup is getting worried about profit margins. They’re not alone — Soc Gen’s in-house Dr. Doom,
Albert Edwards, has a note today with his own take on the subject.
Shockingly, Mr. Edwards’s take is downbeat!
While Citi focused on the impact of government
spending on corporate profits, Mr. Edwards zeroes in on the recent collapse in
productivity and surge in labor costs and what they say about margins:
Last week the BLS revised the unit labor cost rise in
Q2 up from 2.2% to 3.3% quarter over quarter. US non-farm business unit labour
costs are now rising by 2% year over year. That is very bad news for profits.
Bad news for equities. And because the pace of ULC is a key driver of inflation
(upwards in this instance), it is bad news for an increasingly criticised and
divided Fed.
Since labour costs overwhelmingly dominate corporate
costs, trends in productivity are crucial to the pace of growth of company
profits. If unit labour cost growth is below unit price inflation, then unit
margins are expanding. This, together with unit sales growth (and the less
important unit non-labour costs), arithmetically determine profit growth.
Typically, productivity growth tends to ebb and flow
with the economic cycle – i.e. productivity tends to rise as the economy
accelerates and vice versa. Therefore unit labour costs tend to fall sharply
early in economic recoveries (as has happened recently), but typically begin to
rise and eventually exceed output price inflation later in the cycle.
When unit labour costs start to rise quicker than
output prices, as is the case now, this tends to exert an upward pressure on
inflation as companies try to maintain margins. The pass-through of this upward
pressure on inflation is largely determined by the pace of the cycle. If demand
is robust, inflation will rise. If demand is weak and companies cannot
pass on cost increases, margins and profits get crushed. That is the tipping
point we have now reached.
And Wall Street analysts, in a truly shocking
development, actually seem to be paying attention, Mr. Edwards writes:
[W]e should not be surprised at the pace of
deterioration in analyst earnings optimism: in fact we have seen a near record
rate of decline in US estimates over the past six months. In Europe things are
even worse! As Andrew Lapthorne shows in this week’’s Global Equity Market
Arithmetic, European (ex UK) the level of analyst optimism has now dived to
24%, a level only ever reached in recession.’
Prepare For Recession And Bear
Market at Forbes Sy Harding, ‘Brace yourself for
a recession.
Central banks
around the world seem to be doing so, making little effort to prevent it this
time around, resigned to letting the business cycle play out.
Stock markets
around the world also seem to be doing so. In anticipation of economic
slowdowns that won’t slide all the way into recessions, stock markets
normally decline only into corrections (declines of less than 20%). But they
plunge into bear markets when recessions loom.
And global
stock markets outside of the U.S. are already in full-fledged bear markets.
That includes 10 of the world’s 12 largest economies, the exceptions being only the
U.S. and Canada.
In order of
the size of their economies, at the recent August lows the stock market in
China, the world’s second largest economy, was down 23% from its
November peak, Japan down 21%, Germany down 30%, France down 29%, the United
Kingdom down 21%, Brazil down 33%, Italy down 39%, India down 25%, Russia down
28%, and Spain down 29%. The exceptions were the U.S. and Canada, which at
their August lows were down only 16% (the Dow) and 18% respectively.
The recession
and bear market are coming to the U.S. too, and may have already arrived.
You can be
sure of that because it’s been one world economically for years, and
historically global economies and stock markets tended to always move in and
out of recessions and bear markets together even before their dependence on
each other became so pronounced.
You can be
sure of it because central banks seem willing to let it play out this time as
in days of old, without intervention.
In the
financial crisis of 2007-2008, it took a massive coordinated effort by global
central banks to pull the world back from the brink of what would have been a
total global financial collapse.
But when their
economies began to slow again in 2010, without the world being on the brink of
financial Armageddon, major nations outside of the U.S. were content to let the
business cycle play out normally, arguing against the U.S. Fed’s decision to jump in
with its QE2 stimulus efforts.
Indeed, while
the Fed was making that massive monetary easing effort, central banks in Asia,
Europe, and South America were tightening monetary policies and raising
interest rates to ward off rising inflation, and to tackle the government debt
crises created by their 2008-2009 bailout efforts.
The Fed’s QE2 effort pushed a
flood of additional dollars into the global financial system, spiking the
prices of commodities and paper assets like stocks, but had no lasting effect
on even the U.S. economy.
This year, as
global economies again slow significantly, central banks outside of the U.S.
again seem content, or at least resigned, to letting the business and economic
cycle play out, even though it likely means a global recession.
They refrain from
saying anything too negative that might make matters worse, but for instance,
this week the central bank of Brazil, which actually has one of the world’s strongest and fastest
growing economies (but highest rate of inflation), warned that this downturn in
global economies will not be as severe as in 2008-2009, but will be more
prolonged.
The Financial Times reported Friday that “As the Organization for
Economic Cooperation and Development’s forecasts showed on Thursday, the near-term
economic outlook for the Group of Seven is dire, yet the mood is one of
resignation. . . . Finance ministers across the G7 are searching for ways to
explain their lack of likely coordinated action.”
And even in
the U.S., the Federal Reserve has been clearly transparent about its reluctance
to intervene this time.
With the
economy far weaker than it was when the Fed intervened with QE2 last year, Fed
Chairman Bernanke continues to say the Fed has some tools it can use if
necessary, but will wait and see. In his most recent speeches he cautioned that
the Fed is limited in what it can do anyway, and called for Congress to step up
to the plate.
Thursday
evening, President Obama did call for Congress to step up to the plate and pass
his $450 billion jobs bill.
But even if
the proposal should get through the political grinder of the grid-locked
Congress, it would be too little too late by the time it could be implemented.
So prepare for
a recession and bear market.
Hopefully
investors learned from the 2000-2002 and 2007-2009 bear markets that Wall
Street’s
advice to diversify into ‘defensive’ stocks won’t do it. As I’ve shown you in previous columns, so-called defensive
stocks, defensive because they pay high dividends or have been around a long
time, are dragged down just as far as any in a bear market.
Back in ‘the old days’ the call of successful
investors in times like this was that “cash is king”. Even receiving little to no interest income on cash
was better than experiencing a 30 to 40% loss.
These days
investors are better served. The availability of ‘inverse’ mutual funds and ‘inverse’ exchanged-traded funds,
designed to move up when markets move down, make them the new king in bear
markets. Cash may be better than losses, but the opportunities for 30% profits
while others are experiencing 30% losses are even better.
In the
interest of full disclosure, I and my subscribers have already taken
double-digit profits from positions in the ProShares Short S&P 500 etf,
symbol SH, and ProShares Short Russell 2000 etf, symbol RWM, and we’re looking at others.’
4 Bearish Mega Trends Simon
Maierhofer, September 9, 2011, ‘In 2004, Daniel
Simons of the University of Illinois and Christopher Chabris of Harvard
University conducted an experiment that was as simple as it was fascinating.
If you want to
be part of the experiment, watch this video before
you read any further.
The
Experiment
There are two
groups of three people each. One group is wearing black shirts, the other group
white shirts. The assignment is to watch how many times the players wearing
white, pass the basketball.
If you counted
15, you are correct. But more importantly, did you notice the gorilla? While
you were counting passes, a woman dressed in a gorilla suit walked slowly
across the scene, stopped to face the camera and thumped her chest.
Half of the
people watching the video with the intent of counting passes did not see the
gorilla. The experiment illustrates the phenomenon of unintentional blindness.
This condition, also known as perceptual blindness, prevents people from
perceiving things that are in plain sight.
For most of
2010-11 Wall Street was so enamored by the magical powers of QE2 that it forgot
about the 800-pound gorilla - the economy that wasn't improving. In fact, the
economy continued deteriorating in plain sight.
There are five
bearish mega trends that may draw stock prices much lower over the coming
years. Here are the five mega trends (and what will make stocks rally in
between).
U.S.
Deficit
For a moment,
take a mental journey with me back in time. We are now in early 2008. The major
indexes a la S&P (SNP: ^GSPC), Dow Jones (DJI: ^DJI), and Nasdaq (Nasdaq:
^IXIC) are slowly coming off their all-time high, but the collapse of Lehman
Brothers has not yet hit the news.
Unbeknownst to
most, the perfect financial storm is brewing. Once the storm hits, it is much
worse than anyone expected. But, the eventual damage is limited. Why? Because,
the government steps up and does what it takes to prevent the financial system
from failing.
Today has the
feel of early 2008. Another perfect storm may be brewing. Will the government
be there to do what it takes to support 'too big to fail?' No! In 2008
financial companies were in trouble. In 2011 entire countries (look at Europe
and the U.S.) are struggling to escape the grip of delinquency.
A
Decelerating Generation
Starting in
2011, more than 10,000 baby boomers a day will turn 65, a pattern that will
continue for the next 19 years. This dry humor cartoon encapsulates the problem
retirees' face today:
Two older
gentlemen are having a drink. One says: 'As a Baby Boomer, I never thought the
boom would be the sound of my retirement accounts collapsing.' He'd like to sip
on a nice Scotch while enjoying a steak, but has to settle for water and free
bread sticks at Olive Garden.
Most retirees
still haven't recovered from the lost decade. Let's make the term lost decade
more personal. A 55 year old with $100,000 in his retirement account at the
beginning of the year 2000 and a 6% projected rate of return, would have
$201,419 today.
The S&P
trades 20% below its 2000 level. Courtesy of the lost decade, that $100,000 in
the year 2000 has turned into $80,000 today (perhaps less if invested too
aggressively). In other words, many retirees may have to get by on less than
half of their expected nest egg. In addition, their home, rather than being an
asset (many considered it an ATM a few years ago), has turned into a liability.
It doesn't
take much imagination to see that strapped retirees are bad for economic
growth. When the focus is on survival rather than pleasure, sectors like
technology (NYSEArca: XLK - News), retail (NYSEArca: XRT - News), and consumer discretionary (NYSEArca: XLY - News) suffer.
In addition,
baby boomers that have been buying stocks for decades (think of all the 401k
money) are now turning into sellers of stock.
Low
Interest Rates
Low interest
rates are great for the U.S. government because it reduces debt payments on
Treasuries and businesses wanting to expand. Unfortunately, businesses don't
feel like expanding or even hiring and for pretty much everyone else low
interest rates are negative.
Some try to
sell the idea that low interest rates are good for stocks (NYSEArca: VTI - News) because money will flow from low interest
bonds into stocks in an effort to get a better return.
The chart
below plots the Nikkei against Japan's version of the discount rate. The
discount rate has been below 1% since 1995. At the same time the Nikkei has
dropped from above 20,000 to below 10,000. Much of this happened during a
raging global bull market. Imagine what a global bear market can do to U.S.
stocks.
https://www.etfguide.com//contributor/UserFiles/8/Image/yahoo%20japan%20discount.gif
Low interest
rates are a double negative because they reduce available spending for retirees
who need to get as much income as possible to survive.
Coming to
a Head
The above
three bearish trends were highlighted in detail in various 2011 ETF Profit
Strategy Newsletters. Due to those, and other mega trends, the Newsletter has
been expecting a major market top.
For much of
2011 however, the expectation of a major market top was postponed until the
ideal target range was reached. The April 3 ETF Profit Strategy update included
a precise range for a major market top: 'In terms of resistance levels, the
1,369 - 1,382 range is a strong candidate for a reversal of potentially
historic proportions. '
Why was
S&P 1,369 - 1,382 a candidate for a reversal of historic proportions? The
chart below, published by the ETF Profit Strategy Newsletter in March and many
times since, has the answer.
https://www.etfguide.com//contributor/UserFiles/8/Image/yahoo%20M%20pattern.gif
What you see
is a giant M, or head and shoulders top. The right shoulder was made up of the
parallel trend channel that connects the 2002 and 2009 low, with the 2000 high.
In April/May the upper line of the trend channel ran through 1,377. Additional
resistance was provided by Fibonacci levels at 1,389 and 1,369.
On May 2, the
S&P briefly spiked as high as 1,370.58 before retreating and eventually
dropping 18% in twelve trading days (July 25 - August 9). Once the S&P
dropped below the 200-day SMA it entered free fall territory.
The July 28
ETF Profit Strategy update warned that: 'A break below the 200-day SMA and the
trend line may trigger panic selling. One way to avoid missing out on a
potentially big opportunity is to use the 200-day SMA at 1,284 as delineation
between bullish and bearish bets - buy as long as the 200-day SMA serves as
support, sell if it becomes resistance.'
From top to
bottom (once the bottom is in), the S&P will have fallen more than 250
points. No doubt this kind of move validates a counter trend rally. When and
where will this rally start and how high will it go?
The ETF Profit
Strategy Newsletter provides a detailed outlook for the remainder of
2011 along with the target for a 2011 bottom and 2011 top. The Newsletter
doesn't promise to get every turn of the market right, but it will identify the
money-losing gorillas. Just imagine if you sold your holdings at the target range
for a major top.’
Zero Job Growth in August
Supports Recession Case ETFguide.com
Why to Sell When Wall Street
Says 'Buy' and Vice Versa ETFguide.com
S&P 1,100 And Lower - More Likely
Than you Think Simon
Maierhofer, On Friday September 9, 2011, ‘The
S&P has been chopping around aimlessly for nearly a month. Wednesday ETF
Profit Strategy update explained the reason and the outcome as follows:
'The aimless
sideways trading and lack of powerful and predominantly one-directional rally
suggests that the S&P is stuck in a mild up side correction to be followed
by new lows. Range bound trading lulls investors into a false sense of
security.'
Here are more
than a handful of reasons why new lows are likely.
Up Trend
Broken
The chart
below shows the Dow Jones Industrials (DJI: ^DJI) since the March 2009 bottom.
The DJIA weekly candle low touched the yellow trend line on different occasions
before breaking through it on August 2.
The S&P
500 (SNP: ^GSPC) and Nasdaq (Nasdaq: ^IXIC) adhered to a similar but not as
pronounced trend line. But the S&P also had a key experience on August 2.
The August 2 ETF Profit Strategy Newsletter update observed regarding a head
and shoulders top that the: 'S&P is about to break below the neckline
around 1,249. A break below this neckline would unlock a measured target of
S&P 1,140.'
The fact that
both the DJIA and S&P 500 broke through necklines that have held for over
two years is less than encouraging.
In addition,
the S&P's May 2 high at 1,370 occurred right within the sweet spot of a
major market top. The ETF Profit Strategy Newsletter published the chart below
on various occasions throughout March, April and May and preached that S&P
1,369 - 1,382 is the ideal target range for a major market top (chart below was
featured in the April 5 ETF Profit Strategy update).
https://www.etfguide.com/images/PDNewsletter_Images/5%20-%20April%203%20TF.jpg
Death
Cross
The death
cross is one of the most talked about technical events, that's why I don't put
too much stock in it. However, there are two interesting facts about previous
death crosses.
The 2000 and
2007 death cross occurred about three days before the S&P embarked on its
next leg down. The 2010 death cross was actually a buy signal. However, it
occurred after the S&P and DJIA bounced off the yellow trend line (this
time the trend line was broken).
Seasonality
August,
September, and October is the most bearish stretch of the year. September and
October sport negative performance even in the pre-election year.
Sentiment
From S&P
1,370 on May 2 to S&P 1,258 on June 16, the S&P shed 112 points and
sentiment measured by Investors Intelligence (II) and the American Association
for Individual Investors (AAII) turned deeply bearish. The June 16 ETF Profit
Strategy update took that as a queue to buy (long positions were closed at
S&P 1,340).
From S&P
1,353 on July 7 to S&P 1,102 on August 9 the S&P lost 251 points, yet
the II sentiment poll registered the second most bullish reading since the
first week of May. AAII and II polls are often considered the 'dumb money.' If
the 'dumb money' views last Wednesday's low as a buying opportunity, the 'smart
money' should be suspicious.
VIX
Pattern
If you have
the charting capabilities, take a moment and plot the VIX (NYSEArca: VXX -
News) against the S&P for the month of September - November 2008 and April
- July 2010. If you don't have the time you may simply look at the chart below.
https://www.etfguide.com/images/PDNewsletter_Images/yahoo%20-%20vix%20pattern.gif
What we've
seen in 2008 and 2010 is that a VIX peak did not coincide with the S&P
bottom. The S&P bottom actually occurred against a lower VIX reading. If
this pattern continues, we will see lower lows.
The August 14
ETF Profit Strategy update includes a detailed analysis of the VIX pattern,
along with the time frame and target level for an expected turn.
The
Script
Via more or
less accidental chart surfing I found a striking resemblance between the 2007
market top and the May 2011 top. This moved me to state in the July 17
Profit Strategy update that:
'There is a
similar trend line and a triple top above the trend line. A break below that
trend line could be a precursor of bad things. Next week the trend line will be
at about 1,262.'
The S&P
sliced through that trend line on August 4 and fell an additional 12% within
the next four days (this ascending trend line is now a big target and
resistance).
The August 7
Profit Strategy update revisited that script and concluded this: 'We now have a
rough script; let's see how much lip the actors will add during the live
performance (I.e. S&P downgrade).
The two main
things I have taken away from the 2007 script are:
1) There will
be a new low.
2) There will
be a powerful counter trend rally to around 1,xxx (reserved for subscribers).'
Short-term
Outlook
Wednesday's
(September 7) ETF Profit Strategy update advised aggressive investors to short
the S&P 500 as soon as it breaks below 1,173. This doesn't mean that stocks
can't go higher, but shorting the S&P against major support/resistance
(with a tight stop-loss above) is the only conservative way to assure
participation in the next leg down…’
Ominous Bear Flag Pattern Suggests
S&P 500 At 1,000 Scott Redler ‘Talk of a possible Greek debt default grew louder as
the day wore on Friday, with several euro zone officials commenting that they
expect a default over the weekend. Naturally, the markets didn’t respond positively to
the news. Combine that with the terror alerts in New York City and Washington,
D.C., this weekend for the 10th anniversary of 9/11, and it was a recipe for
heavy selling.
The Dow closed
off more than 300 points to finish another wildly volatile week, and based on
the action and news, we could be headed for another huge Monday morning gap
down. However, it was difficult to chase shorts at the end of the day at such
oversold levels, because if the Greek default doesn’t come to fruition and
there is no major terrorist attack, those short positions would likely be in
serious pain.
The news of a
possible Greek default, which would be a historic first-time event,
overshadowed any individual stock stories today. In isolation, the default of a
relatively small Eurozone economy would not be the “end of the world”, but with other, larger
Euro economies standing on extremely shaky ground (especially Italy), such an
event could trigger a domino effect unlike anything ever witnessed in modern
human history.
Conventional
wisdom would tell you that gold shot through the roof on a day like this, but
whispers about potential margin hikes pushed GLD to a lower open and seemed to
keep the metal at bay. Even with the market tanking, GLD had a hard time
ticking higher.
Technical
Take
If you take a
step back and look at the SPY chart on a daily and even weekly time frame, the
obvious pattern that jumps out at you is a wide, but well-defined, bear flag. Previously, we noted the
well-defined head and shoulders pattern that forecast the deep
correction.
The only
strategies that have worked, and provided limited risk, over the past month
have been buying and selling extreme moves in both directions. Large gap downs
on Monday and Tuesday had investors extremely bearish–the most bearish since
September 2007–which gave way to a steep short squeeze.
As we’ve seen before, that
low-volume bounce/short squeeze was only “transitory”, as Ben Bernanke would put it. The oversold bounce
we saw early in the week actually turned out to be a negative event for the
bulls, because it allowed the market to work off its severely oversold
condition and prime for another plunge.
After such a
harsh move lower, which began around the time of the debt ceiling debate and
S&P downgrade, it is natural for there to be some indecision in the
indices. However, nobody would have expected the range to remain as wide as it
has been. Resolution to this pattern will come at one point or another, and
based in the in-bound move, there will be a powerful secondary move (more than
likely to the downside). The lower end of the channel also lines up with the
200-week Moving Average, which will be another crucial technical level.
The measured
move could take the S&P down to the 1,000 range if a worst-case type
scenario plays out, which would involve a Greek debt default that triggered a
domino effect in Europe that could likely trigger defaults in at least a few
other PIIGS (Portugal, Ireland, Italy, Greece, Spain) nations as well.
http://blogs-images.forbes.com/greatspeculations/files/2011/09/SP-bear-flag-1024x675.png
Technically,
we are also seeing some clues that tell us that all is not well with Mr.
Market. Nearly every sector is currently mired in a bearish technical formation;
there are no rays of light. The one area of relative strength early in the
week, is starting to look ready to break down as well.
One clue we
look to first is high-beta tech. If the market is healthy under the hood, the
leading high-beta tech stocks will usually hold up well. We saw some relative
strength early in the week from the likes of Apple Inc. (AAPL), Amazon.com Inc.
(AMZN) and Baidu.com Inc. (BIDU), but none of them were able to withstand the
force of today’s drop. AAPL and BIDU in particular look to be
forming wedge continuation patterns, which generally resolve to the downside.
During the
formation of the head and shoulders pattern, for example, the Industrials (XLI)
and the Homebuilders (XHB) started to break down first, which signaled to us
that the rest of the market wasn’t far behind.
When selling
is isolated and weak sectors drag the market down, it can be considered a
buying opportunity for strong stocks. When selling is more across-the-board, it’s a sign to get of the
way.
The measured
move of the head and shoulder played out almost to a ‘T’ (as you can see on the
chart). Technical patterns aren’t always perfect, but they provide a good roadmap.
Another thing you have to understand about technical analysis too is that it is
largely a self-fulfilling prophecy. Moves in the market often play out simply
because a large group of traders and investors are reacting based on the same
set of rules.
Before the
break of the head and shoulders, you had the more mainstream media start
talking about the ‘scary’ head and shoulders top pattern, which got
both Main St. and Wall St. bearish. Now, everyone in the industry is talking
about this ominous bear flag pattern, which is likely to make its rounds in the
more mainstream media this weekend (along with the news about Greece).
Final
Word
While doomsday
talk is rampant right now–between a domino effect of European sovereign debt
defaults to 9/11 anniversary attacks–as traders we never trade based on assumptions. The
traders who are consistent and profitable over the long haul are the ones who,
first and foremost, limit their risk. At the end of the day today, for example,
there is enormous risk for both longs and shorts.
If Greece does
default and/or there is some sort of attack on NYC/DC, the market is sure to
open sharply lower on Monday. However, if one or both of those events do not
occur, shorts would be in for a massive squeeze. After such a harsh down day
like today, it is best to take any profits you may have generated and take a
firm seat on the sidelines.
Even if you
are not involved in the weekend trade, there will be tremendous opportunity
over the next few weeks to take advantage of this historic market volatility.
Great opportunity comes with great risk, so be sure to, more than ever, stick
to your personal trading rules and don’t make big bets you can’t afford to pay off.’
Unprecedented Monthly Volume
Sell-Off Suggests Now's the Time to Take Shelter at Minyanville
Kevin A. Tuttle Sep
12, 2011 ‘Do not concern yourself if the market goes up today, tomorrow, or a
month from now. The risk of entering is not worth the reward.
Over the
weekend I had the pleasure of speaking with a very prominent European money
manager –
overseeing hundreds of billions – about the "across-the-pond" financial crisis unwind and looming
hazard of a potential domino-effect coming to fruition. Without rehashing the
entire conversation, the consensus is not "if," it’s "when" will
the developing pressure finally blow. He actually went so far as to say it
could truly begin unraveling within the next few weeks considering the
catalysts currently in play.
The intent of providing the conversation synopsis is not for sake of fear, but
understanding the potential ramifications. About three years ago, in one of my
firm's quarterly reports, we opined on a unique situation in regard to the GDP
measurements of Global Nations. It stated the unprecedented growth statistics
from the 56 nations tracked. “History is currently being made in the sense that all
the globally tracked economic growth nations (56), every one… 100%..., are showing
expansion.”
This lead to my next comment… “If the economic cycle
pendulum swings in both directions what would happen if the inverse occurred?” Are 2011/2012 the years
we are about to find out? Maybe that’s somewhat extreme, but yet… is it possible?
We at my firm do not pretend to be intelligent enough to figure out all the
nuances, catalysts, causes and reasons why the markets could fall apart; we’ll leave it to the team
of economists and officials to attempt to sort that out. What we do instead is
try to determine when the storm is coming and how to take shelter, which brings
me to my point: Now is the time. Take shelter! Do not concern yourself
if the market goes up today, tomorrow or a month from now. Clarity is key!
Would you sail your boat into rocky waters with a potential hurricane looming
because of your love of sailing? Is the risk worth the reward? For some,
maybe; but for most, probably not.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchJUNE2011/jo.jpg
Since the "2011 Channel of Indecision" broke on August 4, the seas
have picked up dramatically and have begun swallowing ships. The markets have never
seen this type of monthly volume sell-off – 47% above average
(unprecedented), as seen in the monthly chart above. As Kenny Rogers put it so
eloquently…
“Know
when to hold em’ and know when to fold em', know when to walk away,
know when to run!”
Editor's Note: Read more at Tuttle Asset Management.’
What's the Long-Term Outlook
for Stocks and The Economy? ETFguide Simon
Maierhofer, September 12, 2011, ‘The stock market's
summer performance has been nothing but stunning. Seeing daily swings in excess
of 4% has become as common as American fast food in China.
Sometimes
it's helpful to step back and shift the focus from day-to-day changes to
multi-decade trends. This kind of big picture evaluation shows whether events
like this summer's meltdown are just a hiccup or confirmation of a long-term
trend (change).
MORE THAN JUST A MULTI-DECADE FLUKE
Gradual
changes are often so subtle that they are nearly invisible to the naked eye or
novice observer. But, just because a change is gradual doesn't mean it's
insignificant.
Let's
take a look at the basic make up of the U.S. economy. A few decades ago,
sweat-trenched U.S. manufacturing facilities were the most fertile,
growth-producing environment on the planet. This growth was fueled by 'Made in
America' products. The growth was organic and it was real.
The
first red box in the chart below captures this period of powerful organic
growth. It lasted from 1947 - 1966. During this period, GDP growth averaged
4.18%.
The
second red box captures a period of growth fueled by low interest and financial
engineering. During this period - from 1975 - 2000 - GDP growth averaged only
3.4%.
https://www.etfguide.com//contributor/UserFiles/8/Image/Growth%20Periods%20Yahoo.gif
(The
above chart was featured in the March 2011 ETF Profit Strategy Newsletter)
The Only Original Dow Component, Not some Hot Tech Stock
General
Electric (NYSE: GE - News), a company that prospered during
both phases, aptly illustrates the difference between both periods.
Until
the late 1960s, GE was known for manufacturing quality, American-made products
like refrigerators, washing machines, stoves, light bulbs, and jet engines. GE
manufactured real products, provided real jobs, and made real profits.
Starting
in the 1980s GE changed its focus from blue collar manufacturing to white
collar alchemy. GE ventured into television and high finance. GE's focus
shifted from building quality products to financing purchases of competitor
products. Ultimately, it went from manufacturing real products to building a
financial house of cards.
In
August 2000, GE traded as high as $60.5 a share. In 2009 it was as low as $5.73
- a 90% drop. Today, it's hovering around $15. As you ponder this change in
valuation, keep in mind that GE is the only original Dow Jones Industrial
Average (DJI: ^DJI) component, not some hot today cold tomorrow tech stock.
A NEW TREND IS BORN ... AND KILLED
Financially
engineered (artificial) profits appeared to be the best new thing since sliced
bread. However, GDP growth since 2000 has dropped dramatically, now only 1.71%.
The post-2007 meltdown shows that an economy cannot be built on the financial
(NYSEArca: XLF -
News) and banking
(NYSEArca: KBE -
News) sectors.
It
also shows that an artificial bull market is much more receptive to huge
corrections. We've had the 2000 tech bust (NYSEArca: XLK - News), the 2005 real
estate (NYSEArca: IYR -
News) debacle, the
2007/2008 deflation of the financial sector, and most recently the summer 2011
meltdown.
If
you think financially engineered profits are bad, brace yourself for what lies
ahead. The hopes for economic prosperity (perhaps even survival) rest on
Facebook, Twitter, Groupon, LinkedIn, Netflix, and the like.
Social
networking isn't a proven business model, yet Facebook has an estimated market
cap larger than those of Boeing, Home Depot, Walt Disney, Dell, Hewlett
Packard, Costco, or even Goldman Sachs.
Hewlett-Packard
employs 325,000 people, Home Depot 300,000, Boeing 160,000. However, Facebook
cuts pay checks to only about 1,000 lucky employees. Welcome to the
future of high corporate profit margins and even higher unemployment.
Groupon
has an estimated value of $6-9 billion, but its recipe of success is to coax
businesses into providing discounts of 50 - 90%. Groupon is a classic economic
leach that benefits by sucking the profits out of its client base and teaching
its subscribers to buy only at discount prices. Welcome to a future of
shrinking small business profits.
THE STOCK MARKET AGREES
The
big picture fundamental outlook appears less than confidence inspiring. What
about the big picture technical outlook?
The
chart below (although small in size due to upload limitations) was featured in
the March ETF Profit Strategy Newsletter and provides a big picture technical
forecast. In fact, it's about as 'big picture' as it gets.
https://www.etfguide.com//contributor/UserFiles/8/Image/yahoo%20M%20pattern.gif
What
you see is a giant bearish M pattern, it could even be considered a head and
shoulders pattern. The neckline is formed by the 2002 and 2009 lows.
To
determine an upside price target, we drew a parallel channel that connects the
2002 and 2009 lows with the 2000 high. The April 3 ETF Profit Strategy update
said the following about this trend channel and other resistance levels:
'For
the month of April this trend line will traverse through 1,377. The 78.6%
Fibonacci retracement is at 1,381.5. There is a fairly strong Fibonacci
projection resistance at 1,369. In terms of resistance levels, the 1,369 -
1,382 range is a strong candidate for a reversal of potentially historic
proportions.'
The
S&P (SNP: ^GSPC) peaked on May 2 at 1,370.58 and has since lost as much as
269 points or 19%. The Nasdaq (Nasdaq: ^IXIC) has held up slightly better, but
no matter how you slice it, the stock market has given up more than a year's
worth of gains within a matter of weeks. The VIX (Chicago Options: ^VIX) spiked
to the highest level in over a year.
In
addition, all major U.S. indexes broke below a trend line that has provided
support on nine different occasions since the March 2009 lows.
This
doesn't prevent rallies. In fact, based on our research, we should see a
sizeable rally soon. However, odds favor that the stock market's trend has
changed from up to down…’
[video] Trader: Waiting for Treasury
Bubble to Burst at TheStreet.com
Preparing for a Credit Crisis
at Minyanville John
Mauldin’ “I am sure the Euro will oblige us to introduce a new set of economic
policy instruments. It is politically impossible to propose that now. But some
day there will be a crisis and new instruments will be created.”-- Romano
Prodi, EU Commission President, December 2001
Prodi and the other leaders who forged the euro … knew a crisis would develop,
as Milton Friedman and many others had predicted. They accepted that as the price
of European unity. But now the payment is coming due, and it is far larger than
they probably thought…
The Consequences of Austerity
The markets are pricing in an almost 100% certainty of a Greek default (OK,
actually 91%), and the rumors in trading circles of a default this weekend by
Greece are rampant. Bloomberg (and everyone else) reported that Germany is
making contingency plans for the default. Of course, Greece has issued three
denials today that I can count. I am reminded of that splendid quote from the
British ’80s sitcom, Yes, Prime Minister: “Never believe anything until it’s
been officially denied.”
Germany is assuming a 50% loss for their banks and insurance companies. Sean
Egan (head of very reliable bond-analyst firm Egan-Jones) thinks the ultimate
haircut will be closer to 90%. And that is just for Greece. More on the
contagion factor below.
“The
existence of a ‘Plan B’ underscores German concerns that Greece’s failure to
stick to budget-cutting targets threatens European efforts to tame the debt
crisis rattling the euro. German lawmakers stepped up their criticism of Greece
this week, threatening to withhold aid unless it meets the terms of its
austerity package, after an international mission to Athens suspended its
report on the country’s progress.
“ ‘Greece is “on a knife’s edge,”’ German Finance Minister Wolfgang Schaeuble
told lawmakers at a closed-door meeting in Berlin on Sept. 7, a report in
parliament’s bulletin showed yesterday. If the government can’t meet the aid
terms, ‘it’s up to Greece to figure out how to get financing without the euro
zone’s help,’ he later said in a speech to parliament.
“Schaeuble travelled to a meeting of central bankers and finance ministers from
the Group of Seven nations in Marseille, France, today as they face calls to
boost growth amid increasing threats from Europe’s debt crisis and a slowing
global recovery.” (Bloomberg)
(There is an over/under betting pool in Europe on whether Schaeuble remains as
Finance Minister much longer after this weekend’s G-7 meeting, given his clear
disagreement with Angela Merkel. I think I take the under. Merkel is tough. Or
maybe he decides to play nice. His press doesn’t make him sound like that type,
though. They are playing high-level hardball in Germany.)
Anyone reading my letter for the last three years cannot be surprised that
Greece will default. It is elementary school arithmetic. The Greek debt-to-GDP
is currently at 140%. It will be close to 180% by year’s end (assuming someone
gives them the money). The deficit is north of 15%. They simply cannot afford
to make the interest payments. True market (not Eurozone-subsidized) interest
rates on Greek short-term debt are close to 100%, as I read the press. Their
long-term debt simply cannot be refinanced without Eurozone bailouts…
[Quick sidebar: If (when) the US goes into recession [We’re already in a
recession!], have you thought about what the result will be? A recession of
course means lower GDP, which will mean higher unemployment. That will increase
costs due to increased unemployment and other government aid, and of course
lower revenues as tax receipts (revenues) go down. Given the projections and
path we are currently on, that means even higher deficits than we have now. If
President Obama has his plan enacted, and if we go into a recession, we will
see record-level deficits. Certainly over $1.5 trillion, and depending on the
level of the recession, we could scare $2 trillion. Think the Tea Party will
like that? Governments have less control than they think over these things. Ask
Greece or any other country in a debt crisis how well they predicted their
budgets.]
The Greeks were off by over 25%. And they are being asked to further cut their
deficit by 4% or so every year for the next 3-4 years. That guarantees a
full-blown depression. And it also means lower revenues and higher deficits,
even at the reduced budget levels, which means they get further away from their
goal, no matter how fast they run. They are now in a debt death spiral. There
is no way out, short of Europe simply bailing them out for nothing, which is
not likely.
Europe is going to deal with this Greek crisis. The problem is that this is the
beginning of a string of crises and not the end. They do not appear, at least
in public, to want to deal with the systemic problem of too much debt in all
the peripheral countries…
Euro Breakup – The Consequences
“The Euro Should Not Exist
(Like This)
“Under
the current structure and with the current membership, the Euro does not work.
Either the current structure will have to change, or the current membership
will have to change.
“Fiscal
Confederation, Not Break-Up
“Our
base case with an overwhelming probability is that the Euro moves slowly (and
painfully) towards some kind of fiscal integration. The risk case, of break-up,
is considerably more costly and close to zero probability. Countries cannot be
expelled, but sovereign states could choose to secede. However, popular
discussion of the break-up option considerably underestimates the consequences
of such a move.
“The
Economic Cost (Part 1)
“The
cost of a weak country leaving the Euro is significant. Consequences include
sovereign default, corporate default, collapse of the banking system and
collapse of international trade. There is little prospect of devaluation
offering much assistance. We estimate that a weak Euro country leaving the Euro
would incur a cost of around €9,500 to €11,500 per person in the exiting country during the
first year. That cost would then probably amount to €3,000 to €4,000 per person per year
over subsequent years. That equates to a range of 40% to 50% of GDP in the
first year.
“The
Economic Cost (Part 2)
“Were
a stronger country such as Germany to leave the Euro, the consequences would
include corporate default, recapitalization of the banking system and collapse
of international trade. If Germany were to leave, we believe the cost to be
around €6,000
to €8,000
for every German adult and child in the first year, and a range of €3,500 to €4,500 per person per year
thereafter. That is the equivalent of 20% to 25% of GDP in the first year. In
comparison, the cost of bailing out Greece, Ireland and Portugal entirely in
the wake of the default of those countries would be a little over €1,000 per person, in a
single hit.
“The
Political Cost
“The
economic cost is, in many ways, the least of the concerns investors should have
about a break-up. Fragmentation of the Euro would incur political costs. Europe’s ‘soft power’ influence
internationally would cease (as the concept of ‘Europe’ as an integrated polity
becomes meaningless). It is also worth observing that almost no modern fiat currency
monetary unions have broken up without some form of authoritarian or military
government, or civil war.”
Welcome to the Hotel California
Welcome to the Hotel California
Such a lovely place
Such a lovely face
They livin’ it up at the Hotel California
What a nice surprise, bring your alibis
Last thing I remember, I was running for the door
I had to find the passage back to the place I was before
“Relax,” said the night man, “We are programmed
to receive.
You can check out any time you like, but you can never leave!”
-- The Eagles, 1977
You can disagree with the UBS analysis in various particulars, but what it
shows is that there is no free lunch. It is not a matter of pain or no pain,
but of how much pain and how is it shared. And to make it more difficult,
breaking up may cost more than to stay and suffer, for both weak and strong
countries. There are no easy choices, no simple answers. Like the Hotel
California, you can check in but you can’t leave! There are simply no provisions for doing so,
or even for expelling a member.
The costs of leaving for Greece would be horrendous. But then so are the costs
of staying. Choose wisely. Quoting again from the UBS report:
“… the only way for a country to leave the EMU in a
legal manner is to negotiate an amendment of the treaty that creates an opt-out
clause. Having negotiated the right to exit, the Member State could then, and
only then, exercise its newly granted right. While this superficially seems a
viable exit process, there are in fact some major obstacles.
“Negotiating
an exit is likely to take an extended period of time. Bear in mind the exiting
country is not negotiating with the Euro area, but with the entire European
Union. All of the legislation and treaties governing the Euro are European Union
treaties (and, indeed, form the constitution of the European Union). Several of
the 27 countries that make up the European Union require referenda to be held
on treaty changes, and several others may choose to hold a referendum. While
enduring the protracted process of negotiation, which may be vetoed by any
single government or electorate, the potential secessionist will experience
most or all of the problems we highlight in the next section (bank runs,
sovereign default, corporate default, and what may be euphemistically termed ‘civil unrest’).”
Leaving abruptly would result in a lengthy bank
holiday and massive lawsuits and require the willingness to simply thumb your
nose in the face of any European court, as contracts of all sorts would have to
be voided. The Greek government would have to “conveniently” pass a law that would
require all Greek businesses to pay back euro contracts in the “new drachma,” giving cover to their
businesses, who simply could not find the euros to repay. But then, what about business
going forward?
Medical supplies? Food? – The basics? You have to find hard currencies for
what you don’t
produce in the country. Greece is not energy self-sufficient, importing more
than 70% of its energy needs. They have a massive trade deficit, which would
almost disappear, as who outside of Greece would want the “new drachma?” Banking? Parts for boats
and business equipment? The list goes on and on. Commerce would slump
dramatically, transportation would suffer, and unemployment would skyrocket.
If Germany were to leave, its export-driven economy would be hit very hard. It
is likely that the “new mark” would appreciate in value, much like the Swiss
Franc, making exports from Germany even more costly. Not to mention potential
trade barriers and the serious (and probably lengthy) recession that many of
their export and remaining Eurozone trade partners would be thrown into. And
German banks, which have loaned money in euros, would have depreciating assets
and would need massive government support. (Just as they do now!)..
Ray Dalio and his brilliant economics team at Bridgewater have done a series of
reports on a plan for Europe. Basically, it involves deciding which
institutions must be saved (and at what cost) and letting the rest simply go
their own way. If they are bankrupt, then so be it. Use the
capital of Europe to save the important institutions (not shareholders or
bondholders). Will they do it? Maybe.
The extraordinarily insightful and brilliant John Hussman recently wrote on a
similar theme. He is a must-read for me. Quoting:
“The global economy is at a crossroad that demands a
decision –
whom will our leaders defend? One choice is to defend bondholders – existing owners of
mismanaged banks, unserviceable peripheral European debt, and lenders who
misallocated capital by reaching for yield and fees by making mortgage loans to
anyone with a pulse. Defending bondholders will require forced austerity in
government spending of already depressed economies, continued monetary
distortions, and the use of public funds to recapitalize poor stewards of
capital. It will do nothing for job creation, foreclosure reduction, or economic
recovery.
“The
alternative is to defend the public by focusing on the reduction of
unserviceable debt burdens by restructuring mortgages and peripheral sovereign
debt, recognizing that most financial institutions have more than enough shareholder capital and debt to
their own bondholders to absorb losses without hurting customers or
counterparties – but also recognizing that properly restructuring
debt will wipe out many existing holders of mismanaged financials and will
require a transfer of ownership and recapitalization by better stewards. That
alternative also requires fiscal policy that couples the willingness to accept larger
deficits in the near term with significant changes in the trajectory of
long-term spending.
“In
game theory, there is a concept known as ‘Nash equilibrium’ (following the work of John Nash). The key feature
is that the strategy of each player is optimal, given the strategy chosen by
the other players. For example, ‘I drive on the right / you drive on the right’ is a Nash equilibrium,
and so is ‘I
drive on the left / you drive on the left.’ Other choices are fatal.
“Presently,
the global economy is in a low-level Nash equilibrium where consumers are
reluctant to spend because corporations are reluctant to hire; while
corporations are reluctant to hire because consumers are reluctant to spend.
Unfortunately, simply offering consumers some tax relief, or trying to create
hiring incentives in a vacuum, will not change this equilibrium because it does
not address the underlying problem. Consumers are reluctant to spend because
they continue to be overburdened by debt, with a significant proportion of mortgages
underwater, fiscal policy that leans toward austerity, and monetary policy that
distorts financial markets in a way that encourages further misallocation of
capital while at the same time starving savers of any interest earnings at all.
“We
cannot simply shift to a high-level equilibrium (consumers spend because
employers hire, employers hire because consumers spend) until the balance sheet
problem is addressed. This requires debt restructuring and mortgage
restructuring. While there are certainly strategies (such as property
appreciation rights) that can coordinate restructuring without public
subsidies, large-scale restructuring will not be painless, and may result in
market turbulence and self-serving cries from the financial sector about ‘global financial
meltdown.’
But keep in mind that the global equity markets can lose $4-8 trillion of
market value during a normal bear market. To believe that bondholders simply
cannot be allowed to sustain losses is an absurdity. Debt restructuring is the
best remaining option to treat a spreading cancer. Other choices are fatal.”
(Click here for the rest
of the article.)
You think the world’s central banks and main
institutions are not worried? They are pulling back from bank debt in Europe,
as are US money-market funds. (Note: I would check and see what your
money-market funds are holding – how much European bank debt and to whom? While they
are reportedly reducing their exposure, there is some $1.2 trillion still in
euro-area institutions that have PIIGS exposure.)
Look
at the following graph from the St. Louis Fed. It is the amount of deposits at
the US Fed from foreign official and international accounts, at rates that are
next to nothing. It is higher now than in 2008. What do they know that you
don’t?
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchJUNE2011/fred1.jpg
The Slow March to Recession in the US..
John Hussman, in the same report, offers the chart below, which is a variant on
themes I have highlighted in past issues, but with his own personal twist. It
is a combination of four Fed indices and four ISM reports. And it has been
reliable as a predictor of recessions – one of which it strongly suggests we
are either in or heading into.
http://image.minyanville.com/assets/FCK_Jan2011/Image/LisaCatchJUNE2011/fred2.jpg
And recent revisions to economic data suggest that companies are
going to have even more trouble making those powerhouse earnings that are being
estimated. As Albert Edwards of Societe Generale reports this week:
“… at the start of 2011, productivity trends took a
remarkable turn for the worse – especially compared to what was initially reported.
An initial estimate that Q1 productivity grew by 1.8% was transformed to show a
decline of 0.6%. A slight 0.7% rise in Q1 ULC (unit labor costs) was
transformed to show a staggering surge of 4.8%! In addition to that 4.8% rise,
ULC rose a further 2.2% in Q2. But the news gets even worse Last week the BLS
revised the ULC rise in Q2 up from 2.2% to 3.3% QoQ. US non-farm business unit
labor costs are now rising by 2% yoy. That is very bad news for profits. Bad
news for equities. And because the pace of ULC is a key driver of inflation
(upwards in this instance), it is bad news for an increasingly criticized and
divided Fed.”
Preparing for a Credit Crisis
There is so much that could push us into another 2008 Lehman-type credit
crisis..
I did an interview with good friends David Galland
and Doug Casey of Casey Research yesterday. They are decidedly more bearish
than I am, so wanted an “optimist” to sit on their panel. But they forced me to admit
that some of my optimism depends on the probability of US political leaders
doing the right thing. ..
But whether you want to make it 50-50 to 70-30 or (pick a number), there is a
reasonable prospect of another credit crisis. So what should you do?
First, think back to 2008. Were you liquid enough? Did you have enough cash? If
not, then think about raising that cash now. When the crisis hits, you have to
sell what you can for what you can get, not what you want for reasonable prices
…’
Don't Trust Wall Street and
this Market ETFguide
[ I couldn’t say this better myself! Take heed! My sentiments exactly,
except far worse is in store! ] Simon Maierhofer, September
13, 2011, ‘The chicken is clueless about the
egg's fate. Will it hatch or become an omelet?
Wall
Street is clueless about their forecasts, will they 'hatch' or become egg on
their face? Who cares; as long as it sounds good at the time, Wall Street's
opinions are promoted by the media. Is this a haphazard approach? Judge for
yourself.
The
most recent Wall Street blunder was the over emphasis on positive earnings in
April. Here are some of the headlines Wall Street and the financial media
featured late April 2011:
Morgan
Stanley shares rise as earnings beat estimates
Stocks,
commodities rise as earnings top estimates
Leading
U.S. indicators, consumer confidence gain as fuel costs discounted
World
revs up U.S. profits
The
Global economy is improving
The
S&P breaks out
The
Dow's going to 20,000
Sales
growth the big surprise on Wall Street
Buffett
says odds of another U.S. banking crisis low
Equities
finally seeing light on the economy
Stocks
find sea of tranquility
Flawed Reasoning
The
chart below, featured in the September 2010 ETF Profit Strategy Newsletter,
reveals the flawed reasoning behind Wall Street's expectations. It plots
Earnings per Share (EPS) against GDP and U-6 unemployment numbers.
https://www.etfguide.com//contributor/UserFiles/8/Image/EPS%20Growth%20Yahoo.gif
Notice
how earnings for Q1, Q2, and Q3 2011 were supposed to reach a new all-time
high. There were at least four reasons why record high EPS estimates were not
long-term bullish:
1)
GDP was contracting, U-6 (and every other measure of unemployment) did not
signal a recovery. Every spike in EPS would be temporary and unsustainable.
2)
EPS estimates are just a projection and are about as valuable as an un-hatched
egg.
3)
The last time EPS reached an all-time high was in Q2 2007. We all know what
happened thereafter.
4)
EPS or P/E ratios can be distorted via financial trickery. Financials
(NYSEArca: XLF -
News) and banks (NYSEArca:
KBE - News) took advantage of
this when accounting rule FASB 157 was changed on April 2, 2009. This allowed
banks to hide trillions of dollars of unrealized mortgage losses in an
accounting loophole that doesn't affect their income statement and earnings.
Thus some of banks' losses were included in earnings numbers.
The
ETF Profit Strategy Newsletter's conclusion was simple and straight to the
point: 'Buying at current prices with the expectation of long-term gains is
almost certain to deliver despair and tears.'
Proceed With Caution
P/E
ratios or EPS aren't a short-term timing tool and didn't prevent stocks from
rallying since the above analysis was featured in the September ETF Profit
Strategy Newsletter.
Nevertheless,
a major market top was expected. The April 3 ETF Profit Strategy update put it
succinctly this way: 'In terms of resistance levels, the 1,369 - 1,382 range is
a strong candidate for a reversal of potentially historic proportions. Bullish
bets should be watched very carefully, especially once stocks move above
1,356.'
The
Summer 2011 meltdown erased all gains going back as far as December 2009. Yes,
over 18 months of gains were eliminated within a matter of weeks.
Financial Serial Offender
If
Wall Street was subject to the 'three strikes you're out' rule, there wouldn't
be any financial offices in New York. By now it's common knowledge that Wall
Street was overly optimistic in 2007 - right before the financial collapse -
and overly pessimistic at the March 2009 lows - the beginning of a 100% + rally
for the major indexes a la S&P (SNP: ^GSPC), Dow Jones (DJI: ^DJI) and
Nasdaq (Nasdaq: ^IXIC).
More
recent financial offenses include Wall Street's ill-advised fascination with
silver in late April. On April 27 the Wall Street Journal ran a front-page
article entitled 'Silver rush spreads to stock market.' The commentary read as
follows: 'The metals are increasingly considered attractive as a permanent
store of value that doesn't diminish like paper currencies.'…’
Congress budget agency warns panel of economic ills
Nearly 1
in 6 Americans in poverty, Census says
Growth Stocks Look Pricey. Favor Free Cash Firms with glowing growth projections have gotten
expensive.
Cisco cuts long-term sales growth forecast
[ And just when I was about to say that american technology is horrific,
overrated but leading the charge higher on wall street because ‘sell the sizzle’ works better
with tech since most don’t understand
it. Actually, american tech at most is ‘different color
hula hoops’! ]
International alarm over euro zone crisis grows
Why Can't Wall Street Be
Honest With The Public?at Forbes [ Let’s not be
naïve here … If the public knew even half of the truth, they’d be seeking
to ‘hang wall street from the yardarms’, ‘drawn and
quartered they would be’, etc.. Yes, ‘hung, drawn
and quartered’. If caught while yachting on their yachts on
taxpayer dime, they’d be ‘keelhauled’. There is
really no limit to the well placed, well deserved antipathy for the frauds on
wall street who should be prosecuted, jailed, fined, and disgorgement imposed.
]
Venture capital veteran Perkins sees danger ahead
These Wall Street Firms are
About to Start Firing People Like Crazy By Business Insider September 04 2011 ( archived file )
Same Alan Greenspan Who Warned
Against Budget Surplus Now Warns About Deficit [ Yeah! One of the many symptoms of senile
dementia, with a strong measure of incompetence to boot (greenspun has a long
history of incompetent missteps which through self-promotion, quid pro quos,
and a general ubiquity of pervasive ignorance, has gone unscrutinized and
unreported. He’s really been that bad!) ] Mark Gongloff
ETF Redemptions Highest Since
2008: Report ETF Trends
The Dow is up
about 190 points, the S&P is up 1.8%, and the Nasdaq is up 2%, after the
Conference Call to Save the Universe ended with all sides agreeing that Greece
should never leave the eurozone and was doing what it could to get its next
bailout fix.
Peter Boockvar
at Miller Tabak is not impressed:
Bottom line, Greece is likely going to get its next 8
billion-euro tranche in 2 weeks but apparently Merkel, Sarkozy and Papandreou
still don’t
like paying attention to the bond market, where the 1 year [note] in
Greece is yielding 141.8%, the 2 year is yielding 74.5% and the 10 year is
yielding 25.7%.
This says of course that the only lifeline the Greek
government has is thru the generosity of its neighbors as they have almost zero
chance of paying back in full all that is owed.
I mentioned Merkel being in fantasyland yesterday and
delusion is the word today that comes to mind after seeing these Greek
headlines.
One would think at this point that Greece would want
a more pronounced debt restructuring in order to slash their debt instead of
playing this game of pretend because they’re afraid to hurt the feelings of bondholders.’
Zoellick: World economy in new danger zone
Geithner: Economy In “An Early
Stage” Of Crisis Sep 14th, 2011 08:47 by News (RealClearPolitics) — Jim Cramer, CNBC host:
“Now let’s talk about the fact that you said the economy is weak. You put out a
jobs plan. The New York Times today basically gives its obituary. ‘Tax plan for
jobs bill.’ Familiar ring. Meaning the GOP will not back this. Is this dead on
arrival?”
Tim Geithner,
U.S. Secretary of Treasury: “Absolutely not. I think that there’s no reason now for the
Congress of the United States not to act to help strengthen growth in the near
term. It’s
the conservative, prudent, responsible thing to do. You can think of it as
protection against Europe.”
Cramer: “Okay.”
Geithner: “You can think of it as
insurance against weaker growth going forward. And you got to think about the
alternatives. If Congress or Washington is incapable of acting, then policy
will be damaging to growth because what you’ll have is a deeper,
steeper contraction in fiscal support than is prudent for an economy at
this early stage of the crisis given the shocks we face. You know,
life is about choices. Life is about alternatives.” [source] PG
View: While this may be a significant admission on the part of the
Treasury Secretary; in reality this may be the early stage of a crisis within
the broader well-established crisis.’
Risk Rises at ECB as European
Banks Lose Deposits Sep 14th, 2011 07:43 by News
(Bloomberg)
S&P Rally to 1,240 Before
Capitulation Zacks Kevin Cook,September
14, 2011, ‘Fear has not gripped the market. The VIX, a good proxy for
the institutional perception of risk since it is based on the premium being
paid for S&P 500 put protection, has not made new highs since early
August…’
Moody’s cuts two French banks’
ratings Sep 14th, 2011 07:39 by News (Financial
Times)
EU warned of credit crunch threat, French banks hit WROCLAW,Poland/PARIS (Reuters) - European finance
ministers have been warned confidentially of the danger of a renewed credit
crunch as a "systemic" crisis in euro zone sovereign debt spills...
Can the U.S. Sidestep
Contagion with Europe? ETFguide [ Short answer: NO! ] ‘… SINKING
INCOME LEVELS Even
without Europe's problems, the U.S.' reputation for being the land of milk and
honey has been declining. Household income, according to the Census Bureau's
annual report on living standards, fell for the third consecutive year and on
an inflation adjusted basis, incomes have retreated back to levels seen
15-years ago. Median household income was at a mere $49,445 in 2010. Full-time
workers also experienced sagging incomes, which are lower today than in 1978,
after adjusting for inflation. Furthermore, the poverty rate for Americans
increased to 15.1% of the population. Will Europe's crisis help the U.S.
economy end a multi-decade trend of falling incomes and rising poverty? STILL
BLIND TO RECESSION What do economists have to say about all of
this? As a collective group, economists still deny the existence of an economic
recession and their off-the-mark financial projections show it. Instead of
taking a sober and realistic view of the economy, they see growth, growth and
more growth. Economists with the National Association for Business Economics
(NABE) predicted 2.8% expansion for the U.S. economy in May, but have since
scaled back that forecast to 1.7%. For 2012, the group is projecting 2.3%
growth. The NABE has been likewise wrong about the unemployment rate. They were
projecting a jobless rate of 8.7% for the remainder of 2011 and 8.2% for next
year. Instead, nationwide unemployment has remained above 9% and if we account
for marginally attached workers along with unemployed self-employed workers the
actual national jobless rate is probably closer to 20%. It's important to
remember the NABE's survey was completed before the White House's unveiling of
a $447 billion plan to stimulate job growth through (more) government spending
and tax cuts. No doubt, once economists factor in the President's latest plan,
they'll re-revise their economic forecasts bullishly upward to agree with their
perennial growth bias…’
Minyanville's T3 Daily Recap: Market
Squeeze Continues, But Was it a Trap? By T3Live.com Sep 14, 2011, ‘After a quick rinse in the first hour
of trading Wednesday, the squeeze was
back on as the SPDR S&P 500 ETF (SPY) surged 4 points
(3.4%) from low to high. Weak shorts were forced to cover, and it was off the
races for stocks. But just when it seemed all was well with the market, a harsh
pull-in during the last half-hour of trading erased nearly half of those
gains. We have seen this type of behavior before during this wide range
consolidation in the market, and it typically leads to further downside. A
teleconference between German, Greek, and French leaders today resulted in
assurances that Greece would remain part of the Eurozone, but the same problems
still exist on the troubled continent. There is a crisis of confidence starting
occuring among European banks, with account holders keen to protect themselves
from calamity. This is exacerbating previous capitalization concerns, which
were confirmed this morning when French banks were downgraded. Today's action
could have been another clever ploy to suck in longs while relieving some of
the oversold condition of the market. Risk is high in both directions in
this environment, and, as we have stated repeatedly over the last two weeks,
it's best to keep your trading light at this stage.’
Flat retail sales keeps U.S. on recession watch
Another Absolutely Bonkers Day Mark Gongloff ‘Still spinning? Well, folks, that was the stock
market. Hope you enjoyed it. Just another quiet, totally normal day. Yep, just
another day when the Dow loses 140 points in the last 20 minutes of trading,
after soaring as high as 280 for pretty much no fundamental reason.Still, you
can’t complain about it too much. All the good stuff led the market higher
today. The S&P’s 1.4% gain was paced by healthy cyclical stuff like
industrials, up 1.75%, consumer discretionary, up 1.65% and tech, up 1.6%.The
Dow transports jumped 2%. The VIX gave up 6.3%.All good signs, but you
can’t shake the nagging feeling that it can’t be realistic, given how
absolutely nuts the action has been lately. The Treasury market held pretty much
steady, with the 10-year note yielding 2% just about all day.Nobody’s
comfortable right now — shorts have got to be worried, and many got squeezed
today.Those of us who are long, meanwhile, are anxiously checking whether our
top has stopped spinning yet.’
Europe's Outlook Darkens as
French Banks Wobble and Austria Delays Greek Bailout at
Minyanville
The Daily Market Report Sep
14th, 2011 by News ‘If There Was Any Doubt…
(USAGOLD) — ‘The yield on Greek 1-year money is trading in excess of 140%
today; up dramatically from just a week ago when the 1-year yield was still
below 100%. Clearly this is unsustainable and Greece is unquestionably on the
verge of default, save for some massive infusion of funds that will negate
Greece’s need to access global credit markets…’
Huge Surge in Bank of America
Foreclosures CNBC | Bank of America is ramping up
its foreclosure processing.
David Rosenberg: “It’s Time To Start Calling This
For What It Is: A Modern Day Depression” Zero Hedge
| You know you’re in a depression when interest rates go to zero and
there is no revival in credit-sensitive spending. September 14, 2011
By now only
the cream of the naive, Kool-Aid intoxicated crop believes that the US is not
in either a deep recession, or, realistically, depression. For anyone who may
still be on the fence, here is David Rosenberg’s latest letter which
will seal any doubts for good. It will also make it clear what the fair value
of the stock market is assuming QE3 fails, which it will, and the market
reverts to trading to fair value as predicated by bond spreads. To wit: “If the Treasury
market is correct in its implicit assumption of a renewed contraction in the
economy, then we could well be talking about corporate earnings being closer to
$75 in 2011 as opposed to
the current consensus view of over $110. In other words, we may wake up to find
out a year from now that whoever was buying the market today under an illusion
of a forward multiple of 10x was actually buying the market with a 15x
multiple.”
And since we are in the throes of a deep depression and a 10x multiple
is more than generous, applying that to $75 in S&P earnings, means that the
fair value of the S&P is… we’ll leave that to our
readers.
From Breakfast with Rosie, of Gluskin Sheff
We just came
off the weakest recovery on record despite the massive amounts of stimulus that
the U.S. government has delivered in so many ways. That the yield on the
10-year U.S. Treasury note is down to 2% already speaks volumes because the
last time we were at these levels was back in December 2008 when the downturn
was already 12 months old. A period like the one we have endured over the past
six months when bank shares are down 30% and the 10- year note yield is down
130 basis points has never in the past foreshadowed anything very good coming
down the pike. If market rates are at Japanese levels, or at 1930s levels, then
it’s
time to start calling this for what it is: A modern day depression.
Look, that
entire period from 1929-1941 saw several quarters of huge bungee-jump style GDP
growth and countless tradable rallies in the stock market.
But that
misses the point.
The point
being that a depression, put simply, is a very long period of economic malaise
and when the economy fails to respond in any meaningful or lasting way to
government stimulus programs. A series of rolling recessions and modest
recoveries over a multi-year period of general economic stagnation as the
excesses from the prior asset and credit bubble are completely wrung out of the
system. In baseball parlance, we are in the third inning of this current debt
deleveraging ball game.
You know you’re in a depression when
interest rates go to zero and there is no revival in credit-sensitive spending.
The economy is
in a depression when the banks are sitting on nearly $2 trillion of cash and
yet there is no lending going onto the private sector. It’s otherwise known as a ‘liquidity trap’.
Depressions
usually are caused by a bursting of an asset bubble and a contraction in
credit, whereas plain-vanilla recessions are typically caused by inflation and
excessive manufacturing inventories. You tell me which fits the bill today.
When almost
half of the ranks of the unemployed have been looking for a job fruitlessly for
at least six months, you know you are in something much deeper than a
garden-variety recession. True, we can’t see the soup lines; the soup lines are in the mail — 99 weeks of unemployment
cheques for over 10 million jobless Americans. Don’t be lulled into the view
that we are into anything remotely close to a normal economic cycle.
Basically, in a
depression, secular changes take place. Attitudes towards debt, discretionary
spending and homeownership are altered for many years, or at least until the
scars from the traumatic experience with defaults and delinquencies fade away.
That is why we saw existing home sales slide to 15- year lows and new home
sales to record lows despite the fact that mortgage rates have tumbled to their
lowest levels in modern history. There is no economic model that would tell you
that declining mortgage rates should lead to lower home sales.
More fundamentally, in a recession, the economy is
revived by government stimulus. In depressions, the economy is sustained by
government stimulus. There is a very big difference between these two states.
In a recession, everything would be back to a new
high nearly three years after the initial contraction in the economy. This time
around, everything from organic personal income to employment to real GDP to
home prices to corporate earnings to outstanding bank credit are still all
below, to varying degrees, the levels prevailing in December 2007.
Let’s be clear: After all the monetary, fiscal and
bailout stimulus, the economy should be roaring ahead, as would be the case if
the economy were coming out of a normal garden-variety recession. The fact that
there has been no sustained response to all these efforts by the government to
turn things around is testament to the view that this is not actually a traditional
recession at all, but something closely resembling a depression. That, my
friends, is exactly what the bond market is signaling, with Treasury yields
rapidly approaching Japanese levels. Just because the stock market embarked on
a stimulus-led speculative two-year rally, which ended abruptly in April 2011— does not change that
fact.
For all the chatter about whether the recession that
started in December 2007 ended in mid-2009, here is what you should know about
the historical record. The 1930s depression was not marked by declining
quarterly GDP data every single quarter. In fact, the technical recessionary
aspect to the initial period following the asset and credit shock goes from the
third quarter of 1929 to the first quarter of 1933.
I can understand how emotional the debate can get
over whether or not we have actually just stumbled along some post-recession
recovery path or whether or not this is actually a depression in the sense of a
downward trend in economic activity merely punctuated with noise that is
influenced by recurring rounds of government intervention. The reality is that
the Fed cut the funds rate to zero, as was the case in Japan, to little avail.
Then the Fed tripled the size of its balance sheet— again with little
sustained impetus to a broken financial system. Government deficits of nearly
10% relative to GDP, or double what FDR ever ran during the 1930s, have
obviously fallen flat in terms of providing any lasting impact to the economy.
This is going to sound like a broken record but it
took a decade of parabolic credit growth to get the U.S. economy into this
deleveraging mess and there is clearly no painless “quick fix” towards bringing
household debt into historical realignment with the level of assets and income
to support the prevailing level of liabilities. We are talking about $5
trillion of excess debt that has to be extinguished either by paying it down or
by walking away from it (or having it socialized). Look, we can understand the
need to be optimistic, but it is essential that we recognize the type of market
and economic backdrop we are in.
The markets are telling us something valuable when
(after a period of unprecedented government bailouts, incursions and stimulus
programs) the yield on the 5-year note is south of 1% and the 10-year is down
to 2%. Instead of contemplating over how attractively priced equities must be
in this environment, market strategists and commentators would bring a lot more
to the table if they tried to decipher what the macro message is from this
price action in the Treasury market. Conducting stock market valuation analysis
based on unrealistic consensus earnings assumptions does nobody any good,
especially when these estimates are in the process of being cut, and at a time
when the Treasury market is telling us we are the precipice of another
recession.
If the Treasury market is correct in its implicit
assumption of a renewed contraction in the economy, then we could well be
talking about corporate earnings being closer to $75 in 2011 as opposed to the
current consensus view of over $110. In other words, we may wake up to find out
a year from now that whoever was buying the market today under an illusion of a
forward multiple of 10x was actually buying the market with a 15x multiple.
How’s that for a reality check?
This augers for capital preservation, defensive
orientation in the equity market and a focus on income-yielding securities;
something we’ve
been advocating for some time.’
How American Taxpayers Could
End Up Paying for ECB Liquidity Flood at The Wall Street
Journal
How Greece Is Mocking the Rest of the
World [ Well,
let’s get real here! There’s plenty to mock in this world, and Greece is hardly
the nation to be doing the mocking. I think it’s the markets that are mocking
the rest of the world’s stupidity for buying into this false reality /
obfuscation / fraud, particularly by way of the now pervasive worldwide
acceptance of the american strategy of currency debasement which really is a
fraud facilitator because it masks to all but the intelligent few the
underlying economic weakness and decline. A simplistic example, though not
perfect, is apropos here: a company sells a product for 1 dollar which costs 1
dollar to make (assuming arguendo to cover fixed expenses - no profit). The fed
over-printing / creating dollars like mad to the point where it now takes 2
dollars to render the same purchasing power of
1 dollar when the goods were produced. The company sells the products
for 2 dollars (the previous equivalent of 1 dollar before debasement). The
company is now showing earnings 1 dollar per unit sold, yet in real terms,
they’ve gotten no more than the equivalent of that 1 dollar per unit. (If you’ve
been to the grocery store lately, particularly the last 1-2 months, I’ve found
meats, etc., to be up 50-100%, etc.). The same obfuscating manipulations are
applicable to assets generally, and to those pieces of paper called stocks
which are even ‘worse for the wear’ since churn-and-earn commissions at
lightning computerized speed are being subtracted from this illusory ‘enhanced
value’ which in reality doesn’t exist at all. ( Such manipulations from
currency translation also provide ‘arbitrage opportunities’ though similarly
largely ultimately subtracted from no real value being created. ) This is why
fraudulent wall street loves the fed’s QE’s and dollar debasement /
over-printing / creating and also why it’s been a dismal failure and a net
negative in real economic terms as seen on main street and in the desimation of
the middle class and growing ranks of the poor. In the analysis of securities,
this would be considered ‘the quality of earnings factor’ that goes into the
assignment of a p/e multiple to the projected earnings. Sufficeth to say, this
is no longer done on wall street in any real or legitimate fashion if at all.
Indeed, it’s a fair statement to say that security analysis is no longer a
‘practice’ as same was considered, once upon a time, by value investors /
analysts. As set forth by Dave and Cooper, infra, computerized programmed
manipulation at lightning speed has been expedient in the short run for the
wall street frauds but ultimately leads to the inevitable crash since as I
often reiterate: ‘Remember, there is no modern
day alchemy that spins worthless paper into gold except fraudulently for the
frauds on wall street who’ve literally oftimes done exactly that; ‘cashing out’
for hard currency and gold, precious metals, at everyone else’s expense
including main street. They’re just not that important and represent, like
termites eating away at the nation’s foundation, a drag on the economy, the
nation as one would expect from parasites such as they are’. What to Expect Next From the
Markets Minyanville Jeffrey Cooper ‘Conclusion:
It looks like a program was run using the least amount of dollars to goose the
indices by focusing on some big cap names like Apple, Amazon, Baidu, IBM, and
Caterpillar, Dave’s Daily:’.. The HAL 9000s have been doing
business as HFTs (High Frequency Traders) launching many buy or sell programs
using complex algorithms which can drive prices on indexes higher or lower in
dramatic fashion. One of their great acts is called "quote stuffing".
It's another illegal activity which the SEC hasn't quite figured out. It's as
futile for them as the illegal fee-driven recent end-of-quarter price
jam-job..’.
Simon Maierhofer, On Friday September 16, 2011, ‘Webster's
dictionary defines gullible as naive and easily duped or cheated'.
On Thursday stocks rallied
after Germany and France gave assurance that Greece will remain a member of the
euro.
Haven't we been down this
road before? How often have there been statements assuring that Greece is fine
or will be fine? An Associated Press article stated this week that: 'Hopes were
raised by the outcome of a teleconference Wednesday between leaders of France,
Germany and Greece.'
Hope worked as propaganda
tool for President Obama three years ago, but hope is not a suitable investment
strategy. Einstein's famous definition of insanity comes to mind: Insanity is
doing the same thing over and over again and expecting different results.
Since the beginning of 2010
there have been five 10%+ sell offs. All of them, with the exception of the
March 2011 decline (Japan earthquake), were blamed on Greece. When stocks
recovered, it was credited to Greece's rigorous adherence to the demanded
austerity measures or new bailout money.
The S&P has made no net
progress since January 2010. After two years of water treading and lessons in
Greek-style financial mockery we have to ask, is Wall Street insane?
Greece's Prime Minister
George Papandreou just pledged that a reform program would be on the top of
Thursday's (yesterday) Greek cabinet meeting. To buy stocks based on a pledge
to push a concern that was initially sold as non-issue but has morphed into a
matter of survival on the top of an agenda does seem insane.
Or should we just consider
the Greeks geniuses? After all, they have figured out how to control Wall
Street. Today it only takes mythical Grecian hope for a hopefully hopeful
outcome to excite Wall Street.
A German saying may
describe Greece's situation. Loosely translated, it goes like this: Once your
reputation is ruined, you may live blatantly uninhibited.
Insane Financial Pain
The Greek saga began over
two years ago, when, on June 23, 2009, Greece's finance minister nonchalantly
disclosed that: 'The rate of growth for the Greek economy in 2009 is expected
to slow more than forecasted. Specifically, it will range around zero and only
return to growth in 2010.' The disclosed budget deficit at the time was $3.1
billion.
Growth obviously didn't
return in 2010, but the following headlines all offered hope in 2010:
ECB member says no bailouts
for Greece
Bulls run on Greece news
Debtors bet Greece won't
spill
Is Greece's crisis over?
Greece contagion fears
unfounded
IMF approved $3.3 billion
for Greece amid impressive fiscal adjustment
If Greece's adjustment was
that impressive, why are we still talking about Greece?
Small Fish in the Debt
Pond
Greece has made quite a
splash but it is just a small fish in the European debt pond. Given some more
time, we'll probably find out that bigger fish make bigger splashes. Next in
line are Portugal, Spain, Italy and France. In terms of size, this is probably
like comparing a goldfish with a tuna.
The Wall Street Journal
reported on Monday that: 'European banks are cutting back on dollar denominated
loans, a troublesome sign of credit contraction at a time when American and
European economies can least afford it.' Credit contraction is the mother of
deflation and Bernanke's most feared enemy.
The Chairman of Societe
Generale, one of France's largest banks, made it a point to state on Monday
that the bank was well funded. Nevertheless, it will be reducing its dollar
denominated debt and lay off workers. When promises conflict actions, we know
that actions speak louder than words. Laying off workers is not confidence
inspiring.
Back in February, the ETF
Profit Strategy Newsletter warned that: 'The debt problem of sovereign European
countries has or is about to turn into a debt problem of super sovereign
entities. The IMF and EU swallowing up massive amounts of debt has not
eliminated debt, it has merely re- shuffled and concentrated it.'
On July 15, I stated via
ETF Profit Strategy Newsletter: 'I know European stocks will tank eventually
but I don't know when. However, I see that the iShares MSCI EAFA ETF (NYSEArca:
EFA - News) just sliced below
it's 20, 50 and 200-day simple moving averages (SMAs). The same is true for the
iShares MSCI Emerging Markets ETF (NYSEArca: EEM - News). The high reward,
low risk trade would be to go short EFA or EEM with a stop loss just above the
200-day SMA Corresponding ETFs are Short MSCI EAFE ProShares (NYSEArca: EFZ - News) and Short MSCI
Emerging Markets ProShares (NYSEArca: EUM - News).
What's Next?
Fortunately the European
Union can rely on the smarts of its many capable members. There is former IMF
chief Dominique Strauss-Kahn who'd rather force his will on an innocent Manhattan
hotel worker than enforce strict financial rules on member countries,
Luxembourg's Prime Minister Jean-Claude Juncker who openly confesses to lying
if required by circumstances and a whole slew of officials suffering from
gullibility. You should think twice before betting against the European
financial dream team.
As for me, I rely on
technicals, not on officials, their decisions or the media's interpretation of
it. The technicals I focus on are those of the S&P (SNP: ^GSPC). Not
surprisingly, European stocks have generally moved in the same direction as the
S&P.
The S&P and the SPDR
Euro STOXX 50 ETF (NYSEArca: FEZ -
News) both topped on May
2. The S&P's top came right on queue and within the 1,369 - 1,382 target
range of a major market top I've outlined via the ETF Profit Strategy
Newsletter since early 2011.
Unlike the S&P, FEZ
sunk to new lows on September 12. On that day FEZ was 38% below its May 2 high.
Some more near-term damage may be to come for European stocks, but after a 38%
haircut is not the time to double up on short positions.
As far as the S&P (SNP:
^GSPC), Dow Jones (DJI: ^DJI) and Nasdaq (Nasdaq: ^IXIC) is concerned, new lows
are likely…’
Citi Cuts S&P 500 Target,
Too at The Wall Street Journal
Lesson From A Burst Bubble:
Dead Men Don't Spend at Forbes ‘The Lehman bankruptcy
was a much more important event than 9/11. It marked the end of a 60-year
credit expansion. Maybe it marked the high water mark for the U.S. empire, too,
and the beginning of the end for the U.S. dollar-based world monetary system.
What’s most remarkable about
this post-Lehman economy is that it is so un-remarkable. The economy is
contracting, and as it contracts, it squeezes jobs, incomes, spending and
prices.
We saw a note
in the press yesterday. It told us that even the wages of sin are falling. The
union that represents waiters and cocktail servers at Atlantic City casinos
says the hourly base has fallen from $8.74 to only $4.50. And tips are
tumbling. Surveys of prostitutes show their earnings are a bit limp, too.
And as people
get squeezed by the financial correction, they gasp for breath. There are now
46.2 million people in America under the poverty line, according to The Los Angeles
Times. That’s the most in 50 years.
But nothing
extraordinary about that either. This is the biggest correction in half a
century too. And you don’t have to look very far to find more confirmation.
That’s why the 10-year
Treasury note yield has fallen to the lowest level since right after WWII, and
it’s
why nearly half the people looking for a job have been looking for more than
six months. And it’s why a recent poll shows that 72% of Americans think
the nation is going to hell.
Now, finally,
almost everyone realizes that this is not a recession-recovery situation.
Something else is going on. The Financial Times calls it a Great Recession. Richard Koo calls it a “Balance Sheet Recession.” And David Rosenberg says
we should call it what it really is — a “modern depression.”
But we’ll stick with our Great
Correction label. Because we think there is more going on here than even a ‘depression’ describes. (About which…more below…).
So far,
practically everything that has happened is about what you’d expect — the predictable,
ordinary consequences of a contraction. There is nothing remarkable about it.
But what’s this? The Dow is back
on the rise. Stock market investors don’t seem to have gotten the message: this economy is in
a contraction. They’re still pricing stocks as if they thought the
underlying businesses would grow. But companies don’t add sales or profits in
a contraction.
At least gold
investors seem to have a better idea of what is going on. They sold the yellow
metal. The price of the GLD is dropping.
And the bond
market too has its feet on the ground. The yield on the 10-year note is only
2.08%. That is a level consistent with a Japanese-style slump…
No surprises
here. But what if there were more going on than a simple financial correction…even a correction of a
60-year credit expansion? What if the Great Correction were greater than we
thought? More ambitious, more aggressive and more dangerous?
In the space
of the last 500 years the human population grew approximately 1000%. If it were
a financial chart, you’d look at it and think — ‘uh oh…it’s a bubble.’
What if we
were approaching a correction?
Reuters
reports that the population of Japan is falling like a stone. Some 20 million
Japanese are expected to disappear in the next 30 years.
Declining,
graying populations are not what you need for economic growth. Old people don’t spend much. Dead people
spend even less.
As a result,
the economy shrivels up like a 90-year-old. In Japan today about the only
business still growing is the funeral business. People spend $157 to rent cold
rooms, where they can store their loved ones while they await a spot at the
crematorium. No kidding. Here’s Reuters:
Annual deaths are expected to peak at 1.66 million in
2040 as the bulk of the nation’s baby boomer generation expires. By then, Japan’s population will have
shrunk by around 20 million people, an unprecedented die off for a nation
neither at war or blighted by famine.
Dead Men Don’t Spend
by Bill
Bonner originally appeared in the Daily Reckoning. ‘
ETFs have potential to become
the next toxic scandal Sep 19th, 2011 News (The
Telegraph) —
Back in April, the Financial Stability Board (FSB), an international
super-regulator, wrote a prescient if less than catchily-titled paper “Potential financial
stability issues arising from recent trends in Exchange Traded Funds (ETFs)”.Its central warning – that ETFs are not the
cheap and transparent vehicles the marketers would have us believe – was spot on. When UBS’s $2bn black hole hit the
screens on Thursday, no one who read the FSB report was surprised to see the
words ETF and rogue trader in the same sentence…around half of the ETFs
in Europe today do not match the index they are designed to track by holding
all of its constituent shares. Unlike the plain vanilla “full replication” ETFs which do, 45pc
of the market is in the form of so-called “swap-based” ETFs which instead use derivative agreements, often with
investment banks, to simulate the performance of the underlying assets.
Derivative trades add a second layer of uncertainty to the unavoidable ups and
downs of the market, the counterparty risk that the organisation on the other
side of the contract might go bust. Even worse, the provider of the ETF
might sometimes be a part of the same organisation as the derivatives desk
carrying out the swap…For reasons which I’m not sure I could
explain even if I had the space, it is possible for the number of
shares sold short in an ETF to massively exceed the actual number of shares
available. [source]
4 'Invisible' Forces to Seal
the Market's Fate ETFguide Simon Maierhofer, On Monday September 19, 2011, ‘In 2004, Daniel Simons of
the University of Illinois and Christopher Chabris of Harvard University
conducted an experiment that was as simple as it was fascinating.
If you want to
be part of the experiment, watch this video before
you read any further.
The
Experiment
There are two
groups of three people each. One group is wearing black shirts, the other group
white shirts. The assignment is to watch how many times the players wearing
white, pass the basketball.
If you counted
15, you are correct. But more importantly, did you notice the gorilla? While you
were counting passes, a woman dressed in a gorilla suit walked slowly across
the scene, stopped to face the camera and thumped her chest.
Half of the
people watching the video with the intent of counting passes did not see the
gorilla. The experiment illustrates the phenomenon of unintentional blindness.
This condition, also known as perceptual blindness, prevents people from
perceiving things that are in plain sight.
For most of
2010-11 Wall Street was so enamored by the magical powers of QE2 that it forgot
about the 800-pound gorilla - the economy that wasn't improving. In fact, the
economy continued deteriorating in plain sight.
There are five
bearish mega trends that may draw stock prices much lower over the coming
years. Here are the five mega trends (and what will make stocks rally in
between).
U.S.
Deficit
For a moment,
take a mental journey with me back in time. We are now in early 2008. The major
indexes a la S&P (SNP: ^GSPC), Dow Jones (DJI: ^DJI), and Nasdaq (Nasdaq:
^IXIC) are slowly coming off their all-time high and the VIX (Chicago Options:
^VIX) is reflecting some complacency before the collapse of Lehman Brothers
hits the news.
Unbeknownst to
most, the perfect financial storm is brewing. Once the storm hits, it is much
worse than anyone expected. But, the eventual damage is limited. Why? Because,
the government steps up and does what it takes to prevent the financial system
from failing.
Today has the
feel of early 2008. Another perfect storm may be brewing. Will the government
be there to do what it takes to support 'too big to fail?' No! In 2008
financial companies were in trouble. In 2011 entire countries (look at Europe
and the U.S.) are struggling to escape the grip of delinquency.
A
Decelerating Generation
Starting in
2011, more than 10,000 baby boomers a day will turn 65, a pattern that will
continue for the next 19 years. This dry humor cartoon encapsulates the problem
retirees' face today:
Two older
gentlemen are having a drink. One says: 'As a Baby Boomer, I never thought the
boom would be the sound of my retirement accounts collapsing.' He'd like to sip
on a nice Scotch while enjoying a steak, but has to settle for water and free
bread sticks at Olive Garden.
Most retirees
still haven't recovered from the lost decade. Let's make the term lost decade
more personal. A 55 year old with $100,000 in his retirement account at the
beginning of the year 2000 and a 6% projected rate of return, would have
$201,419 today.
The S&P
trades 20% below its 2000 level. Courtesy of the lost decade, that $100,000 in
the year 2000 has turned into $80,000 today (perhaps less if invested too
aggressively). In other words, many retirees may have to get by on less than
half of their expected nest egg. In addition, their home, rather than being an
asset (many considered it an ATM a few years ago), has turned into a liability.
It doesn't
take much imagination to see that strapped retirees are bad for economic
growth. When the focus is on survival rather than pleasure, sectors like
technology (NYSEArca: XLK - News), retail (NYSEArca: XRT - News), and consumer discretionary (NYSEArca: XLY - News) suffer.
In addition,
baby boomers that have been buying stocks for decades (think of all the 401k
money) are now turning into sellers of stock.
Low
Interest Rates
Low interest
rates are great for the U.S. government because it reduces debt payments on
Treasuries and businesses wanting to expand. Unfortunately, businesses don't
feel like expanding or even hiring and for pretty much everyone else low
interest rates are negative.
Some try to
sell the idea that low interest rates are good for stocks (NYSEArca: VTI - News) because money will flow from low interest
bonds into stocks in an effort to get a better return.
The chart
below plots the Nikkei against Japan's version of the discount rate. The
discount rate has been below 1% since 1995. At the same time the Nikkei has
dropped from above 20,000 to below 10,000. Much of this happened during a
raging global bull market. Imagine what a global bear market can do to U.S.
stocks.
https://www.etfguide.com//contributor/UserFiles/8/Image/yahoo%20japan%20discount.gif
Low interest
rates are a double negative because they reduce available spending for retirees
who need to get as much income as possible to survive.
Coming to
a Head
The above
three bearish trends were highlighted in detail in various 2011 ETF Profit
Strategy Newsletters. Due to those, and other mega trends, the Newsletter has
been expecting a major market top.
For much of
2011 however, the expectation of a major market top was postponed until the
ideal target range was reached. The April 3 ETF Profit Strategy update included
a precise range for a major market top: 'In terms of resistance levels, the
1,369 - 1,382 range is a strong candidate for a reversal of potentially
historic proportions. '
Why was
S&P 1,369 - 1,382 a candidate for a reversal of historic proportions? The
chart below, published by the ETF Profit Strategy Newsletter in March and many
times since, has the answer.
https://www.etfguide.com//contributor/UserFiles/8/Image/yahoo%20M%20pattern.gif
What you see
is a giant M, or head and shoulders top. The right shoulder was made up of the
parallel trend channel that connects the 2002 and 2009 low, with the 2000 high.
In April/May the upper line of the trend channel ran through 1,377. Additional
resistance was provided by Fibonacci levels at 1,389 and 1,369.
On May 2, the
S&P briefly spiked as high as 1,370.58 before retreating and eventually
dropping 18% in twelve trading days (July 25 - August 9). Once the S&P
dropped below the 200-day SMA it entered free fall territory…’
Stock-ECRI Disconnect Suggests
More Downside at The Wall Street Journal Oddly Cheery Greek
Pronouncements, Part Deux at The Wall Street Journal Greek Finance Ministry Sends
Oddly Cheery E-Mail at The Wall Street Journal Apple Hits New High (Update1) [ This manipulated
programmed trade to froth markets is a crash in the making – sell at these
ridiculous levels / take profits! ] Stocks cut losses on hopes for Greece Analysis: Japan's lost decade still a risk for U.S.
economy Behind the poverty numbers: real lives, real pain Market
Havoc and Threats to Your Pension International Forecaster | We have
warned over and over again that government was going to come after your private
retirement funds. US
taxpayers could be on hook for Europe bailout MSNBC | The U.S. is
coming to Europe’s financial rescue.
Market Recap: S&P Downgrades
Italy, Housing Starts Tumble, Markets Wait on Bernanke Wall St Cheat Sheet September 20, 2011, Markets closed mixed on Wall Street today: Dow +0.07%
, S&P -0.17% , Nasdaq -0.86% , Oil +1.39% , Gold +1.65% .
On the
commodities front, Oil climbed to $86.89 a barrel. Precious metals also
climbed, with Gold rising to $1,808.30 an ounce while Silver climbed 1.95% to
$39.93 an ounce.
Hot Feature: European Central Banks Are
Hungry for Gold
Today’s markets were mixed
because:
1) Italy.
Standard & Poor’s cut Italy’s credit rating
late Monday by one level to A from A+, citing weak economic growth and criticizing
Rome’s
response to the debt crisis. Italian Prime Minister Silvio Berlusconi
responded, saying that the move was influenced by “political considerations” and media stories rather
than economic reality. Markets quickly shrugged off the news, with major indices
in Italy, Germany, and London all opening higher this morning.
2) Bernanke.
Goldman Sachs provided a preview of what investors could see tomorrow from the Federal Reserve,
saying there is a “high probability that the FOMC will announce further
easing steps at the conclusion of this week’s meeting.” Goldman went on to say
that Operation Twist looks “very likely” and that, “As a complementary measure, we also expect that the
committee will announce a cut in the interest on excess reserves (IOER) rate to
0.1% from 0.25%, although this is a much closer call. An IOER cut would lower
market interest rates a small amount and could aid communication.” The expectation of good
news buoyed markets despite a day full of negative or at least neutral economic
data, and had the major indices climbing high in mid-day, though they’ve since declined toward
more reasonable levels, given that the IMF announced today that it had lowered
its global economic forecast for 2011 and 2012, with growth in Europe and the
U.S. stalling.
3) Housing.
Both housing starts and completions
declined in August from already depressed numbers, according to a monthly
report by the Department of Urban Housing and Development, in conjunction with
the U.S. Census Bureau. However, building permits increased last month, which
means more projects are likely to start within the next six months. The news
had building stocks climbing higher, including Toll Brothers , D.R. Horton , KB
Home , PulteGroup , Hovnanian Enterprises , and The Ryland Group all
outperforming the major indices.
BONUS: IMF Downgrades Global Economic
Outlook ‘
30 Signs That The U.S. Economy
Is About To Go Into The Toilet The Economic Collapse | If you think
the U.S. economy is bad now, just wait for a few months.
The insiders
have vanished.
Chief executives.
Board members. The head
honchos. The people who know.
Just
a few weeks ago, they were out in force, buying up shares in their own
companies with both hands. No longer. They’ve disappeared.
Almost overnight. “They’ve stopped
buying,” says Charles
Biderman, the chief executive of stock market research firm TrimTabs, which
tracks the data.
For some reason, this almost always starts happening
before a crash. So obviously this is not a good sign.
A lot of normal investors have been pulling large
amounts of money out of stocks as well. The following is from a report in the Financial Post....
Investors have
pulled more money from U.S. equity funds since the end of April than in the
five months after the collapse of Lehman Brothers Holdings Inc., adding to the
$2.1 trillion rout in American stocks.
About $75
billion was withdrawn from funds that focus on shares during the past four
months, according to data compiled by Bloomberg from the Investment Company
Institute, a Washington-based trade group, and EPFR Global, a research firm in
Cambridge, Massachusetts. Outflows totaled $72.8 billion from October 2008
through February 2009, following Lehman’s bankruptcy,
the data show.
Are you starting to get the picture?
Not only that, but a third very troubling sign is
that an extraordinary number of bets have been placed against the S&P 500. As I noted the other day,
if there is a stock market crash in the next few weeks, somebody is going to
make a ton of money....
We are seeing
an amazing number of bets against the S&P 500 right now. According to CNN,
the number of bets against the S&P 500 rose to the highest level in a year last month. But
that was nothing compared to what we are seeing for October. The number of bets
against the S&P 500 for the month of October is absolutely astounding. Somebody is going to
make a monstrous amount of money if there is a stock market crash next month.
It doesn't take a genius to see all the dark
financial clouds that are gathering on the horizon.
And all of the bad news that is constantly coming out of Europe
is certainly not helping things. For example, yesterday S&P slashed the
credit ratings of seven different Italian
banks.
Credit downgrades have become so frequent that we
hardly even notice them anymore. Pessimism is everywhere right now. Suddenly it
seems like almost everyone is predicting that another "recession" is
coming....
Portfolio Insights by Brett
Arends Sept. 21, 2011 Brett Arends,
MarketWatch BOSTON (MarketWatch) — ‘Something ominous is happening on Wall Street, but
nobody has noticed. The insiders have vanished. Chief executives. Board
members. The head honchos. The people who know. Just a few weeks ago, they were
out in force, buying up shares in their own companies with both hands. No
longer. They’ve
disappeared. Almost overnight. “They’ve stopped buying,” says Charles Biderman,
the chief executive of stock market research firm TrimTabs, which tracks the
data. “Insiders
aren’t
buying this rally.” Insider stock purchases, which surged above $100
million a day in the market slump last month, have now collapsed to just $13
million a day. Meanwhile the ratio of insider sales to purchases has
skyrocketed. Today insiders are dumping $7 in stock for each $1 that (other)
insiders are buying. That’s a worrying ratio. Six weeks ago the amounts of
purchases and sales were about equal. It’s the kind of news that should give investors pause.
What insiders do with their own money is one of the stock market’s best barometers. After
all, who better than company executives know their own order books? Who knows
the conditions in their industry better? You find insiders typically buying heavily
at the market lows — they did in 1987, in 1998, and they did during the
financial crisis in 2008-9. (You also typically find them cashing out big-time
at the peak). ‘
MARKETS DESTROYED AROUND THE
WORLD: Here's What You Need To KnowBusiness Insider
The Real Reason Behind the Market's
Meltdown Simon Maierhofer, On Thursday
September 22, 2011, 11:01 pm
Was it just
bad timing or did the Fed cause this two-day market meltdown?
Since Bernanke
spoke yesterday the S&P (SNP: ^GSPC) lost as much as 80 points, nearly 7%.
The Dow Jones (DJI: ^DJI) shed about 700 points, the Nasdaq (Nasdaq: ^IXIC) 150
points and the financial sector (NYSEArca: XLF - News) tumbled 7.7%. The VIX (Chicago Options:
^VIX) soared over 25%.
No doubt the
Fed seems to have lost the touch that made QE2 a temporary 'success' (if
success is measured exclusively by stock prices).
Bad
Timing
But quite
frankly, the timing of 'Operation Twist' was just plain bad. The market's fate
was sealed even before Bernanke stepped on stage. Already back in August the
ETF Profit Strategy Newsletter highlighted seven reasons why new lows are
likely between September 6 and September 28.
In a special pre-FOMC
announcement update on Tuesday night, the Newsletter confirmed its bearish
outlook and recommended to short the S&P as soon as it breaks below 1,191.
Why 1,191? Because it was important support composed of this week's pivot,
Fibonacci support, the 20-day moving average and Monday's low.
Here are six
reasons why new lows were likely and where and why stocks will bounce.
A Major
M-Pattern (or Head-and Shoulders) Top
Since early
2011 the ETF Profit Strategy Newsletter has been expecting a major market top.
The chart below shows a bearish multi-decade M-pattern (or sloppy head-and
shoulders). The key question was were the right side of the 'M' would end.
The chart
below was featured in an April 5 update along with the following commentary:
'In terms of resistance levels, the 1,369 - 1,382 range is a strong candidate
for a reversal of potentially historic proportions.'
https://www.etfguide.com//contributor/UserFiles/8/Image/5%20-%20April%203%20TF.jpg
RSI
Divergence
There is one
striking similarity between the October/November 2008, March 2009 and
May/June/July 2010 lows. In all three cases the S&P reached an initial
price low accompanied by an RSI (relative strength indicator) low. However, a
more lasting low was not reached until the S&P recorded a new price low
against higher RSI reading.
In other words
there had to be a divergence between the S&P and RSI. The S&P and RSI
both recorded their initial low on August 9. Now we are waiting for a new
S&P low while RSI stays above its August 9 reading.
Seasonality
August,
September, and October is the most bearish stretch of the year. September and
October sport negative performance even in the pre-election year.
Sentiment
From S&P
1,370 on May 2 to S&P 1,258 on June 16, the S&P shed 112 points and
sentiment measured by Investors Intelligence (II) and the American Association
for Individual Investors (AAII) turned deeply bearish. The June 16 ETF Profit
Strategy update took that as a queue to buy (long positions were
closed at S&P 1,340).
From S&P
1,353 on July 7 to S&P 1,102 on August 9 the S&P lost 251 points, yet
the II sentiment poll registered the second most bullish reading since the
first week of May. AAII and II polls are often considered the 'dumb money.' If
the 'dumb money' views last Wednesday's low as a buying opportunity, the 'smart
money' should be suspicious.
VIX
Pattern
If you have
the charting capabilities, take a moment and plot the VIX (Chicago Options:
^VIX) against the S&P for the month of September - November 2008 and April
- July 2010. If you don't have the time you may simply look at the chart below.
https://www.etfguide.com/images/PDNewsletter_Images/yahoo%20-%20vix%20pattern.gif
What What
we've seen in 2008 and 2010 is that a VIX peak did not coincide with the
S&P bottom. The S&P bottom actually occurred against a lower VIX
reading. If this pattern continues, we will see lower lows.
The August 14
ETF Profit Strategy Newsletter update includes a detailed analysis of the VIX
pattern, along with the time frame and target level for an expected turn.
The
Script
Via more or
less accidental chart surfing, I found a striking resemblance between the 2007
market top and the May 2011 top. This moved me to state in the July 17
Profit Strategy update that:
'There is a
similar trend line and a triple top above the trend line. A break below that
trend line could be a precursor of bad things. Next week the trend line will be
at about 1,262.'
The S&P
sliced through that trend line on August 4 and fell an additional 12% within
the next four days. A deeper analysis of this chart parallel also suggests new
lows.
The
Outlook
The market's
performance over the last couple of days has validated the studies above. We
are now waiting for new lows…’
Market Recap: China Falters,
Banks Exposed, and Fed Causes Market to Plummet Wall St. Cheat
Sheet, September 22, 2011, Hot Feature: U.S. Home Prices Down 3.3%Today’s markets were down
because:1) Fed. Markets plummeted today following dire remarks on the economy
from the Federal Reserve.
The news of slowing growth also pushed most commodities lower, including oil,
gold, and silver, while only Treasuries moved higher as investors sought one of
the few safe havens left. The Fed’s announcement of Operation Twist yesterday failed to
instill much confidence in the economy, and few think the measures will be
enough to reverse the economic downswing over the last few months. After all the
anticipation leading up to the Fed’s decision, investors were left with the
understanding that not even the Fed has the power to turn this thing around. 2)
China. Through all the economic turmoil that has engulfed the globe over the
last few years, China has been the one shining beacon of progress and growth.
However, despite the fact that China’s economy is still on track to grow 8.5% to 9% this
year, its manufacturing sector has been contracting for the last three months
now, according to HSBC’s manufacturing PMI. There was a lot of concern over
China because heretofore it’s been the one pocket of unstoppable strength in the
global economy,” said Paul
Larson, chief equity strategist at Morningstar. “If that stops and China
becomes a drag on worldwide growth, it could have big implications here in the
U.S.”
News that China might not be as infallible as once though had a host of popular
Chinese stocks plummeting today, including shares of Sohu.com , Youku.com ,
RenRen , Sina Corp. , and Baidu.com , which fell nearly 11% today.3) Banks.
After Moody’s
downgraded some of the nation’s top banks yesterday, investors are growing worried about
the financial industry’s exposure to the sovereign debt crisis in Europe.
Not only were Bank of America , Wells Fargo , and Citigroup continuing to slide
today after Moody’s downgraded them, citing the unlikelihood that the
government will step in should the financial sector find itself in a similar
situation to that of 2008, but the entire sector fell on concerns that Moody’s was right. Barclays ,
JPMorgan , Goldman Sachs , and Morgan Stanley were all heavy drags on the
markets today. European banks were trading sharply lower for the same reason,
with France’s
SocGen and Credit Agricole falling 9.5% each, while Deutsche Bank and Credit
Suisse also underperformed the markets. BONUS: Jobless Claims Continue in the
Wrong Direction ‘
Federal Reserve's Twist of
Fate Forecasts a Waterfall Into Early Octoberat MinyanvilleEurope debt crisis, dire
economic reports cause Dow plunge Sep 22nd, 2011 News (HousingWire) Live Blog: Market Meltdownat
The Wall Street JournalEU officials expect Greece to
default but stay in eurozone London Telegraph | There is a growing
consensus among EU diplomats and officials that Greece will default while
remaining inside the eurozone.Depressed As A Nation? 80
Percent Of Americans Believe That We Are In A Recession Right Now
The Economic Collapse | According to a brand new Gallup poll, 80 percent of
Americans believe that we are in a recession right now. Soros: US Is Already in
Double-Dip Recession CNBC.com | Soros said he believed the United
States was already experiencing the pain of a double dip recession.
Fed vs Market - Will Selling Pressure
Overpower Operation Twist? Simon
Maierhofer, September 23, 2011, The Fed just
unleashed a $400 billion package to boost the economy. To say the market didn't
react favorably would be an understatement.
The Financial
Select Sector SPDR (NYSEArca: XLF - News) greeted the program with an 8% haircut.
The S&P (SNP: ^GSPC), Dow Jones (DJI: ^DJI) and Nasdaq (Nasdaq: ^IXIC) fell
4-6%. On the bright side, the yield of the 10-Year T-Note dropped another
0.242%, from one all-time low to the next.
Will
'Operation Twist' buoy stocks or will the market overpower the Fed's
half-hearted effort? Believe it or not, but after some more suffering, I
believe the Fed will eventually reap some (temporary) credit for this stick
save (more about that in a moment).
Bernanke
Must be Surprised
In his
February 9, 2011 speech before the U.S. House of Representatives, Ben Bernanke
was quick to take credit for the results of QE2: 'Since then (the onset of
QE2), equity prices have risen significantly, volatility in the equity market
has fallen. All of these developments are what one would expect to see when
monetary policy becomes more accommodative.'
On February 9,
the S&P closed at 1,320, the VIX (Chicago Options: ^VIX) at 15.87. Today
the S&P is 13% lower while the VIX has soared a stunning 160%. Bernanke's
credibility has tumbled somewhere between 13 and 160%.
Contrary to
Bernanke's upbeat outlook, the ETF Profit Strategy Newsletter published the
following chart just a week after Bernanke's comfy cozy assessment of QE2 and
the stock market's reaction.
https://www.etfguide.com//contributor/UserFiles/8/Image/yahoo%20M%20pattern.gif
The chart
shows a giant bearish head-and shoulders or M-pattern. At the time, the
Newsletter projected a market top at 1,382 - 1,385. The April 4 ETF Profit
Strategy update refined the target range: 'In terms of resistance levels, the
1,369 - 1,382 range is a strong candidate for a reversal of potentially
historic proportions.'
Sleep in
the Bed You Made
Operation
Twist - the Fed's latest concoction - became necessary because QE2 didn't
stick. Banks (NYSEArca: KBE - News) graciously accepted the generous $600 billion
donation, but despite the huge cash infusion, the Banking Index today trades
22% below its November 3, 2010 prices, when QE2 was launched.
Will
Operation Twist be More 'Successful' than QE2?
QE2 created
$600 billion out of thin air while Operation Twist merely changes the
maturities of the Fed's existing balance sheet.
Over the next
nine months the Fed will sell $400 billion worth of short-term (3 years or
less) Treasuries and use the proceeds to buy maturities ranging from 6 - 30
years. Maturing mortgage-backed securities (MBS) will be re-investing in MBS,
not in Treasuries.
If you are
wondering how this approach of transferring money from the left to the right
pant pockets makes a difference, you've already found the reason for the post
FOMC-announcement meltdown.
Wall Street
considered the proposal half-hearted and the stated goal of lowering long-term
interests unnecessary, especially considering that the yield on the 10-Year
T-Note is already at a multi-decade low.
Range
bound Trading with a Purpose
From July 21 -
August 8 the S&P lost nearly 250 points. Nevertheless, the August 8 TF made
clear that there will be another low and stated that: 'One of the conditions
for a market bottom is lower lows against improving breadth. Breadth was
horrible today and no lasting low was reached. What generally tends to happen
within a major sell off is a period of time where stocks take a breather
followed by the final leg down. This final leg sports lower prices but
improving breadth.'
Support at
1,121 held and the S&P was due for a 'breather period.' The back and forth
of the recent weeks qualifies as just that. It also shows that there's a method
behind the market's madness.
Range bound
trading lulls investors into a false sense of security and makes traders gun
shy before pulling the proverbial rug out from underneath them.
In a special
Tuesday's pre-FOMC decision update, the ETF Profit Strategy Newsletter pointed
out that the down side risk remains much bigger than the up side potential and
that the direction for XLF is down as long as it doesn't move above the 20-day
SMA at 12.70 and last week's high at 13.04.
Connoisseurs
of technical analysis will find the following chart of interest. The update
brought out that percentR (a measure of relative strength) moved above 80 for
the first time since late July. The chart below (featured in Tuesday's update)
showed what happened the last two times percentR moved above 80 - stocks
dropped.
https://www.etfguide.com//contributor/UserFiles/8/Image/yahoo%20-%20spx%209%2020%2011.gif
The actionable
recommendation given was for aggressive investors to go short with a break below
1,191. Selling accelerated as soon as the S&P broke through the support at
1,191 and didn't stop until the S&P reached support at 1,121.
There were
seven other reasons why I expected new lows (see August 14 and 21 update for a
concise summary), one of them is seasonality. August, September, October is a
bearish time of year, even during Presidential election years…’
Are We Japan Yet? No! But Closer!
More Pain Is Coming To
Equities
http://regator.com/p/253227580/more_pain_is_coming_to_equities By Penguin
Capital Markets: ‘Run! That's what equity markets are screaming right now, and
I have to agree. While markets have already dropped in reaction to the poor
FOMC announcement, we've only scratched the surface of what could be another
free-fall in stocks. The already significant drop in copper is a leading
indicator that the recession. Look how the metal has just recently lost all its
price momentum as of August.’
[video] Preservation of
Capital Is (and should be, since much worse to come, the primary) Priorityat
TheStreet.com
Taken to Task: ‘Free Market’ Champions Go Begging for
Bailouts (Reprise)The Daily Ticker Aaron Task ‘Financial markets tumbled
this week amid disappointment the Fed didn't do more and general disgust with
the lack of action from European policymakers.
Which brings
us to another installment of Taken to Task.
For all the
talk about how traders love the free market and believe in the principles of
unfettered capitalism, the folks on Wall Street can't seem to get enough of
government bailouts.
After Ben
Bernanke pledged to spend $400 billion on Operation Twist this week, I heard
many more complaints about how the Fed didn't do ENOUGH vs. any chatter about
how they've gone too far, are out of bullets and pushing on a string. That's so
"first-half of 2011" before the stock market turned south, that is. (See:
Fed Action Fails To Boost Animal Spirits: "Marginally Helpful,"
Says Former Fed Governor)
It seems the
bold champions of free markets on Wall Street only like laissez faire capitalism when the markets are RISING.
This weekend,
traders are hoping for some plan — ANY plan — to deal with Greece, whether it comes from the ECB,
the IMF, the World Bank, Poseidon or Zeus. But nobody seems to be wishing to
just let the chips fall where they may. Haircuts for
bondholders? Write-downs for banks? Egads! The pain must be avoided at all
costs! (See:
Apocalypse Now? Markets Tumble as Europe Approaches "Tipping
Point")
Of course, a
generation of traders has been conditioned to believe the Fed — or some other
institution —
will come riding to their rescue if things get really dicey, or even just a
little bit uncomfortable. So we can't blame them for taking on too much
unhedged risk and (not-so) secretly hoping for yet another bailout, can we?
Just like
there are no atheists in foxholes, the really are no libertarians on Wall
Street. The only ideology traders believe in is making money and if that means
more government intervention, bring it on! Someday, maybe, we'll get back to
something approaching a free market. But if such a thing ever really existed,
it was a long time ago in a galaxy far, far away.’
China Slowdown Pushes Chinese
Internet Stocks and VIEs Off a CliffWall St. Cheat Sheet
Moody's downgrades 8 Greek banks ATHENS,
Greece (AP)
European and US Economies
Teetering on Weak Policy, Leadership at Minyanville
Kerr Sep 23, 2011 ‘Keeping up with today's financial and economic news is akin
to watching a typical reality TV spot.’
Global economy pushed to the
brink Sep 23rd, 2011 News (Financial Times) — Time
is running out to find a solution to the eurozone crisis and prevent another
global recession, finance ministers warned on Friday, as they hinted that
discussions were under way to boost the firepower of European rescue
funds.Financial markets experienced another day of intense volatility as
investors struggled to interpret an emergency statement from the Group of 20
leading economies, which met on the sidelines of the International Monetary
Fund and World Bank meetings in Washington.…Gold continued to slide sharply and
US oil prices traded below $80 a barrel, their lowest in more than a year.
Shares rallied modestly in Europe and the US, accompanied by selling in
government bonds and the dollar.[ http://www.ft.com/intl/cms/s/0/9bedaa82-e603-11e0-960c-00144feabdc0.html#axzz1YUm6X1iD ]
CME raises margins for gold,
silver, copper Sep 23rd, 2011 News (MarketWatch) — The CME Group CME +0.00% ,
the parent company of the New York Mercantile Exchange, on Friday raised margin
requirements for some gold, silver and copper futures contracts. Margins are
money investors must put up to be able to trade and hold futures contracts.
Initial requirements for gold’s benchmark contract rose 21% to $11,475 per
contract, from $9,450 and maintenance margins climbed to $8,500 from $7,000 per
contract. Initial requirements for silver’s benchmark contract rose 16% to
$24,975 per contract, from $21,600 and maintenance margins climbed to $18,500
from $16,000 per contract.[source]PG
View: It is likely that expectations of this margin hike factored into
today’s sell-off.
Gold Plunges More Than $100 as
Investors Sell Sep 23rd, 2011 News (Bloomberg) — Gold
fell, capping the biggest two- day plunge since 1983, on investor sales
following routs in global equity and commodity markets.More than $3.4 trillion
has been erased from equity values this week, sending a global measure of
shares into a bear market, on concern that governments are running out of tools
to avert a recession. The Standard & Poor’s GSCI Index of 24 commodities
fell to a nine-month low today. Gold has dropped 15 percent since reaching a
record $1,923.70 an ounce on Sept. 6.“Gold has become the source of liquidity
for global margin calls,” said Michael A. Gayed, the chief investment
strategist at Pension Partners LLC. “Also, deflationary pressures are acting on
gold.” PG View: We’ve seen very strong physical buying
interest on this retreat. Savvy investors know from experience that
deleveraging breaks provide buying opportunity. The dollar and bonds may be up
for now, but most realize that they aren’t the true safe-havens that they once
were, and such allocations are therefore unlikely to prove sticky.
Dow Sinks 6.4% for Week Sep 23rd, 2011 News
(Wall Street Journal) — Fears of a possible Greek default and the U.S economy
dipping back into recession pushed the Dow Jones Industrial Average to its
worst weekly decline since the depths of the financial crisis.Stocks edged
slightly higher on Friday, as a pledge from global officials to maintain
financial stability alleviated some investor anxiety. The slim gains, however,
failed to overshadow the market’s poor weekly performance.The Dow edged up
37.65 points, or 0.4%, to 10771.48. But the index, which plunged 675 points on
Wednesday and Thursday, finished the week down 6.4%, its worst performance
since the week ended Oct. 10, 2008. [source]
G20 vows support for the
global economy Sep 23rd, 2011 News (Financial
Times) — The Group of 20 leading economies pledged a “strong and co-ordinated”
effort to stabilise the global economy in an attempt to calm tumbling equities
markets spooked by fears of recession in the eurozone and a gloomy economic
outlook in the US.Bowing to pressure from investors to take action, finance
ministers from the G20 economies said in a communiqué issued late on Thursday
that they would stop the European debt crisis from deluging banks and financial
markets, and take the necessary steps to bolster the eurozone’s rescue fund and
assist banks to boost capital reserves in line with new global regulations. The
statement followed a day in which the equity markets suffered some of the
biggest falls since the collapse of Lehman Brothers in 2008, as investors
rushed to safety in a widespread sell-off.“We commit to take all necessary
actions to preserve the stability of banking systems and financial markets as
required,” the group said in a statement. “We will ensure that banks are
adequately capitalised and have sufficient access to funding to deal with
current risks and that they fully implement Basel III along the agreed
timelines.”[source]
Dollar gains driven by flight
to safety Sep 23rd, 2011 News (Financial Times) —
Risk aversion in equity and commodities markets drove the dollar higher this
week as hopes for economic recovery were dealt another blow by the Federal
Reserve’s latest assessment of US growth.The dollar climbed across the board on
Thursday as investors sought safety and global equity markets tumbled with
other risk assets, including industrial metals and oil. The latest catalyst for
investors to flee for cover was the Fed’s statement on Wednesday that there
were now “significant downside risks to the economic outlook”.[source]PG
View: Should more accurately say “perceived” or “relative” safety.
Gold trades under $1,700,
loses 4% Sep 23rd, 2011 News (MarketWatch) — Gold
futures slid below $1,700 an ounce on Friday, losing more than 4% as turmoil in
global financial markets continued and investors rushed to sell metals
positions to raise cash. [source]
New York Fed re-monetized
$0.930 billion in Treasury coupons in today’s QE2.5 operation. Sep
23rd, 2011 News
Morning Snapshot Sep 23rd, 2011 News
(USAGOLD) —
Gold extended sharply lower in overseas trading, pushing below the $1700 level
for the first time in 7-weeks, as the global asset rout continues. The dollar
remains well bid, trading near 7-month highs, bolstered by flight out of stocks
and out of the euro.The G20 vowed “strong and co-ordinated” support in their
communiqué late yesterday, saying “We commit to take all necessary actions to preserve
the stability of banking systems and financial markets as required.” However, the absence of
specifics did little to reassure markets. The market now looks to weekend IMF
and World Bank meetings for guidance.Meanwhile, Congress is embroiled in yet
another partisan battle, this time centered on a continuing spending
resolution. The Republican controlled House passed a spending bill yesterday,
but the Democrat controlled Senate has vowed to shoot it down. Failure to pass
a resolution could result in a government shut-down next week. This is exactly
the kind of behavior that promoted S&P to downgrade the US.
• France business confidence falls to 99 in Sep, below
market expectations, vs 105 in Aug; production outlook tumbles to -29.
•
Italy retail sales (sa) -0.1% m/m in Jul, below market expectations of +0.2%,
vs negative revised -0.3% in Jun; -2.4% y/y.’
Don't Call It (Much of) A
Comeback at The Wall Street Journal John Shipman ‘US stocks rebounded in a vigorous rally that comes after
the market’s worst week in almost three
years.It would be disingenuous to suggest these gains were fueled by any
real tangible progress on the European debt mess; multiple sharp spikes
higher during the day suggest a combination of short
covering, end-of-month portfolio window dressing and dead-dog bounce…’
Split opens over Greek
bail-out terms Sep 27th, 2011 15:37
News (Financial Times) — A split has opened in
the eurozone over the terms of Greece’s second €109bn bail-out with as many as seven of the bloc’s 17 members arguing for
private creditors to swallow a bigger writedown on their Greek bond holdings,
according to senior European officials.The divisions have emerged amid mounting
concerns that Athens’ funding needs are much bigger than estimated just
two months ago. They threaten to unpick a painfully negotiated deal reached
with private sector bond holders in July.…Because of the recent economic downturn and Greece’s slow implementation of
austerity measures, officials estimate Athens’ funding needs
over the next three years have grown beyond the €172bn forecast
this summer.[source]
PG View: Missed numbers out of Greece? Say it isn’t so. How far beyond €172 bln are we talking
here? Does any number they give have any meaning? The funding needs when the
last deal was cut back 0n 21-Jul where €109 bln, since then
Greece’s
needs have exploded about 60%…or more! No sane investor would throw more money into
this sinkhole of unknowns.
SHILLER: House Prices Probably
Won’t Hit Bottom For Years Sep 27th, 2011 News (BusinessInsider) — The July numbers for the
most widely followed measure of house prices, the S&P/Case-Shiller Index,
were released this morning.The numbers weren’t terrible–on a seasonally adjusted
basis, July was basically the same as June–but one of the creators of the index, Professor
Robert Shiller of Yale University, isn’t taking much solace in them.The economy has
deteriorated significantly since July, Professor Shiller observes, and he
suspects that the housing market has followed suit.[source]
Roubini: U.S. in Throes of
Economic Contraction Sep 27th, 2011 News
(Bloomberg) —
Most advanced economies are lapsing back into recession while the U.S. is
already in the throes of an economic contraction, according to Nouriel Roubini,
co- founder and chairman of Roubini Global Economics LLC.“The way I see the global
economy, I think we’re entering into a recession again in most advanced
economies,”
Roubini said in a panel discussion today at the Bloomberg Dealmakers Summit in
New York. “I
think we’re
already into one in the U.S. based on the hard and soft data — same with most of the
euro zone, same with the United Kingdom.” [source]
Mark Hulbert, MarketWatch CHAPEL HILL, N.C.
(MarketWatch) [ Of course Mr. Hulbert is correct in pointing out the folly of
what’s causing the meltdown. Indeed, he might even borrow from the homespun wisdom
of the mama of that stellar investigatigative reporter, formerly of SNL fame,
Rosanne Rosanna Dana, who reminds us ‘ It’s always somethin’ ‘ . Indeed,
Rosanne; it is always somethin’… just not the somethin’ that the frauds on wall
street et als say it is. The fact is the markets are grossly over-valued
courtesy of a myriad of fraudulent tools; from computer-prgrammed
high-frequency trade churn-and-earn scams, to ever more worthless funny money,
to blatant misrepresentation / fudged numbers, etc.. Will you be left holding
their worthless bag of hot potatoes? Will you be their fool … again … in this
suckers’ market? ] — ‘Greece ate my
homework. Not only that, if you believe the financial headlines, Greece is responsible
for almost every financial ill that has beset the investment arena over the
last 18 months. I say it’s time the headline writers came up with a new story
to “explain” what’s happening to the stock market.
Consider
last week, for example, when investors’ concern about a possible Greek default
supposedly caused the Dow Jones Industrial Average DJIA +1.33% to lose 738 points and the combined market capitalizations of all
publicly traded stocks in the U.S. to lose $865 billion.
How could Greece have been the cause of that, when Greece’s total sovereign
debt (counting both government debt and from the country’s monetary
authorities) amounts to $393 billion, according to the International Monetary
Fund? It doesn’t make sense, even if Greece’s debt were completely owed to U.S.
banks — which it most definitely is not.
Blaming
Greece makes even less sense when we focus on more than just the last week.
Since the stock market high this spring, for example, U.S. stocks have lost
approximately $2.5 trillion in market cap. Once again, the prime suspect is
concern over Europe’s debt situation.
Yet
the $2.5 trillion loss is more than twice the total debt (from both the
government and the monetary authorities) of Greece, Spain and Portugal combined
— the three PIIGS countries considered to be most in danger of default.
Why,
then, do so many investment commentators persist in telling the story that
Europe’s debt situation is to blame? Because it’s a convenient and easy explanation
to fall back upon, especially in the face of a market that is otherwise acting
so inscrutably.
How
many of us have the guts to say that we don’t really know why the market went
up or down? Rather than admitting that, we instead tell stories — akin to
Rudyard Kipling’s “Just So” stories, such as the one about how the leopard got
his spots.
Blaming
Greece is only the latest example of this. My perennial favorite is the
oft-used explanation that the market went up (or down) on a given day because there
were more buyers than sellers (or more sellers than buyers). This is just
intellectual laziness, of course: During any trading session there are always
the same number of buyers and sellers.
Investors
need to let Greece rest in peace. That country has enough problems of its own
without being asked to take responsibility for ours as well.’
Unthinkable Poised to Happen
on Wall Street. See Disturbing Charts. (Moneynews)
‘The Aftershock Survival Summit is a
gripping, no-nonsense presentation that’s quickly becoming a financial beacon
in an economic tsunami.
Featuring an exclusive interview with famed economist and best-selling author
Robert Wiedemer, this disturbing presentation exposes harsh economic truths
along with a dire financial warning — a prophetic message that’s spreading
across America like wildfire.
But it’s not just the grim predictions that are causing the sensation; rather,
it’s the comprehensive blueprint for economic survival that’s really commanding
global attention.
It
offers realistic, step-by-step solutions that the average hard-working American
can easily follow; millions have already heeded its warnings and are rapidly
sharing the Aftershock Survival Summit throughout
the Internet. To see it for yourself, simply click here.
The overwhelming amount of feedback to publicize the presentation, initially
screened for a private audience, came with consequences as various online
networks repeatedly shut it down and affiliates refused to house the content.
“People were sitting up and taking notice, and they begged us to make the Aftershock Survival Summit public so
they could easily share it,” said Newsmax Financial Publisher Aaron DeHoog,
“but unfortunately, it kept getting pulled.”
The controversy stems from direct allegations that the people in Washington
have failed miserably. They include former Federal Reserve Chairman Alan
Greenspan and current Federal Reserve Chairman Ben Bernanke, tasked with
preventing financial meltdowns and keeping the nation’s economy strong through
monetary and credit policies.
At one point, Wiedemer even calls out Ben Bernanke, saying that his “money from
heaven will be the path to hell.”
This wasn’t the first time Wiedemer’s predictions hit a nerve. In 2006, he and
his team of economists accurately predicted the four-bubble meltdown in the
housing, stock, private debt, and consumer spending markets that almost sunk
America.
Regardless of his warnings and survival advice, Bernanke and Greenspan were not
about to support Wiedemer publicly, nor were the mainstream media.
As the warnings went unheeded, and America suffered the consequences, Wiedemer
penned his latest prophetic work, “Aftershock: Protect Yourself and Profit in
the Next Global Financial Meltdown.”
Once again his contrarian views ruffled feathers and just before the book was
publicly released, the publisher yanked the final chapter, deeming it too
controversial for newsstand and online outlets such as Amazon.com.
Despite appearances, “Aftershock” is not a book with the singular intention of
scaring people, explains DeHoog. “The true value lies in the sound economic
survival guidance that people can act on immediately. I was able to read the
original version with the ‘unpublished chapter,’ and I think it’s the most
crucial in the entire book. After contacting Wiedemer, we [Newsmax] were
granted permission to share it with our readers. In fact, viewers of the Aftershock Survival Summit are able to
claim a free copy of it.”
In the Aftershock Survival Summit, Wiedemer
reveals what the publisher didn’t want you to see. Citing the unthinkable, he
provides disturbing evidence and financial charts forecasting 50% unemployment,
a 90% stock market collapse, and 100% annual inflation.
“I doubted some of his predictions at first. But then Robert showed me the
charts that provided evidence for such disturbing claims,” DeHoog commented.
Editors Note: The Aftershock Survival Summit shows the exact same charts. See them for yourself. http://w3.newsmax.com/a/aftershockb/video.cfm?PROMO_CODE=CD97-1 … ‘
Read more: Aftershock
Survival Summit Predicts the Unthinkable
Important: Can you afford to Retire? Shocking Poll Results
Prepare for Lehman Brothers
Part 2 MoneyShow.com Sep
15, 2011 ‘Three years ago, Lehman collapsed. Now, a new Lehman-like financial
crisis is coming -- this time involving the debt of governments and European
banks.’
Arguments for Being in the Crash Camp
Conor Sen Sep 28,
2011 ‘This has been the sixth-most volatilite September since 1950. The only
years more volatile? 2002, 2001, 1974, 1998, and 2008, years which included two
major stock market bottoms (1974 and 2002), 9/11, Long Term Capital Management, and the fall of Lehman
Brothers. Despite the crazy volatility, it is my contention that nothing
meaningful has really happened this month. As we know, the reason for the
volatility is primarily because of the ongoing sovereign debt crisis in Europe.
And as news events of today confirm, we remain no closer to resolution here,
even as stress indicators continue to deteriorate.
For example, while markets were surging today, German finance minster Wolfgang
Schaeuble was out saying basically the same things he's been saying all along,
that Germany is opposed to further bailouts or fiscal stimulus, and Europe's
periphery should resolve its problems via fiscal consolidation.
Later in the day, as the Financial
Times
reported, problems were surfacing regarding Greece's latest bailout
package:
"A split has opened in the eurozone over the terms of Greece’s second
€109bn bail-out with as many as seven of the bloc’s 17 members arguing for
private creditors to swallow a bigger writedown on their Greek bond holdings,
according to senior European officials."
What We Know:
Short-Selling Bans Extended,
Stocks Fall Harder at The Wall Street Journal
Now's Not the Time to Take on
Equity Market Exposure at Minyanville Erik Swarts Sep 28,
2011 ‘This is obvious when you consider the respective pieces that need to come
together to resolve the sovereign debt crisis, and apply technical analysis to
the charts.
[video]Buying on Rumor -
Prepare For The Selling On NewsTheStreet.com TV
The Biggest Borrowers From
Uncle Ben Bernanke at Forbes ‘It comes as little
surprise that America’s biggest banks are among the heaviest borrowers from
the Federal Reserve’s unprecedented liquidity facilities during the
financial crisis that doled out more than $1.2 trillion. An analysis of
thousands of documents by Bloomberg News
shows just how big the outlays to some of the world’s largest financial firms
really were, including the 20 that follow and saw their outstanding loans peak
at more than $25 billion… { Read Full Story
http://www.forbes.com/sites/steveschaefer/2011/08/23/morgan-stanley-leads-biggest-borrowers-from-uncle-ben-bernanke
} ‘
THE GREATEST SHOW ON EARTH September 29, 2011 http://www.etfdigest.com
http://albertpeia.com/circuswallstreet.jpg
Yes, I’ve used this image before
but it befits the past two months of frenetic two-way trading. Thursday markets
moved sharply higher early on news of better Jobless Claims and GDP data plus
the positive vote from the German parliament regarding funding their portion of
the euro zone’s
EFSF (European Financial Stability Facility).
Algos jumped
on the headlines which is what they’re programmed to do. They don’t look under the hood for
details since given their momentary focus, “facts don’t matter”—not at least right away.
A closer look
inside Jobless Claims data is the consistent revisions for higher previous
claims. This makes current reports generally seem better by comparison.
Further, the BLS states with this report the significant impact of “seasonal factors” skewing the report. The
figures used to adjust the data typically look for a drop in un-adjusted claims
heading into the end of a quarter. For last week however, the seasonal
adjustment factors predicted unadjusted claims would rise 0.4 percent per the
Labor Department. Instead, unadjusted applications followed the typical
patterns at the end of quarters and plunged 8.2 percent, leading to the even
bigger drop in the adjusted data.
Below is an
analysis of the GDP report directly from the always reliable and probative Consumer Metrics Institute.
The Bureau of Economic Analysis's (BEA)
third estimate of second quarter 2011 U.S. Gross Domestic Product (GDP) was
reported to be 1.34%, an upward adjustment from their previous data. The new
growth number was .36% higher than the number reported last month for the same
quarter. It is important to remember that this new monthly report covered the
same time periods as the previous reports -- meaning that this monthly set of
changes in the numbers was caused by late arriving data at the BEA and not
actual month to month improvements in the economy.
Among the items notable in the report:
-- Aggregate consumer expenditures for goods was still reported to be
contracting during the second quarter, dragging the overall growth rate of the
economy down by a -0.38% rate. This is actually marginally weaker than the
numbers in the earlier reports.
-- Consumer expenditures for services grew slightly during the quarter, at an
improved (although still very sluggish) 0.87% annualized growth rate. But the
adjustment in this single line item represented the bulk of the improvement in
the headline number.
-- The growth rate of private fixed investments was only slightly higher, at a
weak annualized 1.07% rate.
-- Inventories are still reported to have been drawn down during the quarter,
indicating that production has slowed faster than demand. The revised estimate
of inventory levels caused the overall growth rate to be reduced by a -0.28%
annualized rate.
-- Total expenditures by governments at all levels was still reported to be
shrinking, reducing overall economic activity at a -0.18% annualized rate.
-- Exports strengthened slightly relative to the earlier report, raising the
contribution that they made to the overall GDP growth rate to 0.48%.
-- Imports decreased somewhat when compared to the earlier report, and are now
reported to be removing -0.24% from the growth rate of the overall economy. The
combination of the revisions in the import and export numbers contributed about
half of the upward changes in the published headline number.
-- The growth rate of "real final sales of domestic product" was
revised upward to an annualized 1.62%, as the result of the now higher consumer
services figures, slightly improved foreign trade and the increased draw-down
of inventories.
-- Working backwards from the data tables, the effective "deflater"
used by the BEA to offset the impact of inflation was 2.58% -- still
substantially below the rates reported by their sister agencies. Substituting
the line-item appropriate (CPI or PPI) current inflation rate published by the
Bureau of Labor Statistics (BLS) causes the "real" GDP to be
contracting at a -0.73% annualized rate.
-- And using the same alternate BLS "deflaters" the real per-capita
GDP can be shown to be contracting at a -1.45% annualized rate. Similarly,
per-capita disposable income was contracting at a -0.92% annualized rate. These
per-capita numbers are what impacts individual Americans and it is the real
source of the frustration within the populace.
Not featured
by the financial media beyond Bloomberg is Thursday’s report and graph on
their Consumer Comfort Survey which shows this index as back to 2008-09 levels.
This is hardly encouraging.
http://albertpeia.com/comfort.jpg
Fed Governor
Lockhart finds current jobless conditions “perplexing and vexing” according to this Bloomberg story. So
if I have my synonyms and meanings right he’s “embarrassed and
pissed-off”
which kind of disqualifies him from such a position.
Meanwhile back
at Wall & Broad stocks as measured by the DJIA raced higher early by 260
points only to fall later by 45 points and then rally in “stick save” fashion to close 143 points
higher. This really is the “Greatest Show on Earth”! The NASDAQ was lower by
.43% led by semiconductor sectors (SMH) especially after a poor outlook from
Advanced Micro Devices (AMD), down nearly 14%. Also there is still some
lingering confusion over iPads from Apple (AAPL) versus Fire from Amazon
(AMZN). Financials were higher which helped much of the bigger names rally
although the rationale was difficult to determine.
Commodities,
including precious and base metals, oil and grains were higher overall. The
dollar was down slightly and bonds were stronger.
Volume was
modest most of the day until the large “stick save” was put in place to end the session. Breadth per the
WSJ was positive once again as quarter-end window dressing is in full swing.
http://albertpeia.com/929-1.jpg
Major U.S. Markets (5)
U.S. Market Sectors & ETFs (20)
Bonds (4)
Commodity & Currency ETFs (16)
International & Emerging Market ETFs (14)
$NYMO (1)
$NYSI (1)
$VIX (1)
The craziness
continues for the clown act doing business as the Greatest Show on Earth. It’s no wonder so many
individual investors have fled markets. Between phony data and window dressing
it’s
hard to stick with the long-term program. Three bear markets in 11 years would
be enough to turn anyone off. Now we’re not in a bear market yet but we’re frightfully close.
Friday brings
the not so reliable U of Michigan Consumer Sentiment, Personal Income and
Spending and the important Chicago PMI. Friday also will allow for more
end-of-quarter window dressing.’
[video] Trader: I'd Sell Into
This Rally at TheStreet.com
CEOs have the Blues About
Business Prospects Wall St. Cheat Sheet
NO
COUNTRY FOR OLD MEN Dave’s Daily http://www.etfdigest.com
September 30, 2011 ‘It’s probably not a “market” for men or
women of any age at this point. Warren Buffett has put himself out there
recently buying stock in Bank of America (BAC) and then suggesting Friday it
might take 3-5 years for the company to clean things up. He also stated he’s
received inquiries from European banks for a financial injection which isn’t a
good sign. He’s also been highly visible averaging down buying shares in his
own Berkshire Hathaway (BRK/A) with $5 billion in purchases already this
quarter. He says he likes the president’s jobs bill although admitted to not
knowing its details which is poor due diligence. He’s also unsure of just what
Obama’s “Buffett Rule” means as it applies to incomes over $250K deflecting the
level by talking about people making $50M or more. All this struck me as
interesting and odd … So for stocks overall this is the worst performing
quarter since 2008 when we were entering a bear market. Are we due for a repeat
or is this just a continuation of the previous bear market? It gives us a sense
of a 1930s like market which featured substantial bear market rallies. For the
quarter the DJIA was down 12%, S&P 500 down 14.3% and Nasdaq Composite down
12.9%. European stocks in aggregate lost 17% …’
How to Navigate a News-Paralyzed
Market Simon Maierhofer, September
30, 2011, ‘… Here's my psychoanalysis of the market, which I
believe is more accurate than my medical opinion. The market has one goal, one
reason for 'living.' It's to separate as many people as possible from their
money. He doesn't always win, but over the decades he's found the most
effective ways to separate most from as much money as possible. He's got a
tackle box full of baits and lures to bait and switch unassuming investors. The
market is smarter than the collective of all investors and analysts because it
knows at any given time what the collective 'Wall Street wisdom' thinks and
does. If the market sees Wall Street is bullish, it will go down and vice
versa. The market will not be told by the media what to do and laughs at
assessments like the following from the media (taken from this week):
AP on Monday:
'Stocks jump on hopes for a Europe fix'
Reuters on
Tuesday: 'Stocks pop on Europe hope'
AP on
Wednesday: 'Stocks are closing lower, ending a three-day winning streak, as
investors worry about Europe.'
Bloomberg on
Thursday: 'Stocks advance on jobless claims' (since when does the market care
about jobs anymore. Wasn't there any Greece news?) …’
Apple in a Dangerous Position;
Bears Are Watching at Minyanville
90% of Americans say economy stinks
Protect your investments, what to
look for next week. Forbes ‘ Right now is not the time to worry about knocking
the ball out of the park. Let’s focus on preserving your assets. Today was
end of the quarter and it was not pretty. For the quarter end we were
down about -14.31% on the
S&P 500. As for September, the S&P was down -7.21%, closing at 1131, down 5 points from
were we closed Firday the 19th. The week was extremely volatile; it has
gotten to the point where Main Street does not feel safe in a long term asset allocation
strategy…’
Don't Let Taxes Stop You From
Selling Stocks at Forbes
Defensive Sectors Shine During
Meltdown As Kodak Fades To Black at Forbes …’
4 Market Signs Signaling
Recession
Cyclical Sector ETFs Say It's
the Economy, Stupidat The Wall Street Journal
Japan Puts Cheapest Ever as
Traders See Banking Lossesat Bloomberg
US incomes fall for first time in nearly 2 years
Moody’s Lowers U.S.
Lodging Industry Outlook as Economy Slows
Yield Spread Confirming
Recession Call http://www.zerohedge.com/news/guest-post-yield-spread-confirming-recession-call
Lance Roberts of StreetTalk Advisors
Yield
Spread Confirming Recession Call
Recession. It is now becoming clearer, even to the
mainstream media, that the "Big 'R'" is rapidly approaching, or already upon us.
Without further stimulus from the government the economy will continue its
slide into negative growth. Unfortunately, it doesn't look like the "Calvary" will be charging to the rescue anytime
soon. Bernanke, at this point has effectively punted to the
Whitehouse for stimulative action. The Whitehouse is embroiled in
partisan politics which will keep any action from occurring until most likely
after the next election. This leaves the economy and the financial
markets to their own devices, and much like kids without parental supervision,
they are running amok.
I have been very vocal as of late commenting on the fact
that a recession is fast approaching. The trends of the
economic numbers have all soured to the negative. From
manufacturing to personal incomes to sentiment they all are signaling a
recession lay ahead. Another confirming indicator of a recessionary
track is the spread in yields between junk bonds and high quality bonds.
The chart here shows two different yield spreads. The blue
represents the difference in yields between AAA rated corporate bonds to BB
rated bonds while the red represents the spread between 10-yr government
treasuries to BB rated bonds. The dotted horizontal lines represent
when these spreads have signaled recessions in the economy.
When the economy is strong the spread between BB (Junk Bonds) and AAA
Bonds or Government treasuries is much lower as the perceived risk of default
on payment is lower. In times of economic stress or recession
the perceived risk of default or failure is much greater.
Currently, spreads at these levels are very indicative of economic stress and
recessions. The perceived risk of corporate failure is rising and spreads
are widening as money leaves high risk bonds (driving interest rates higher) and
moves to safer yielding bonds (keeping rates lower). The wider the
spread the harder it is for weak companies to access capital and corporate
failures rise.
On Friday, Lakshman Achuthan of the Economic Cycle Research Institute
reviewed the weight of ECRI's research, observing "Now it's
a done deal. We are going into a recession."
The spread in yields combined with our own research as well as that of
the ECRI, which is a very conservative organization with calls generally way
ahead of the consensus as we have repeatedly been, confirms that our views are
most likely the correct one.
While the media tends to view the economy from one report to the next
what is important is to understand the trend and the balance of the data on the
whole. Understanding the trend and balance will make you very unpopular
with the rest of the world that consistently ops for the "glass
half full" view
but will keep you from losing a lot of money in the long run.
John Hussman summed this view up well; "In
contrast, good economists think about the economy as a system - where multiple
sectors interact. We tend to use words like 'equilibrium' and 'syndrome' when
we talk about economic data - emphasizing that the best signals involve a whole
conformation of evidence, not one or two indicators, where the data - in
combination - captures a particular signature of recession or recovery.
Look at how Achuthan described the
situation on CNBC on Friday, and you'll see a good example of this sort of
thinking:
'This is a done deal. We are going
into a recession. We've been very objective about getting to this point, but
last week we announced to our clients that we're slipping into a recession.
This is the first time I'm saying it publicly. A broad range - this is not
based on any one indicator - this is based on dozens of indicators for the
United States - there is a contagion among those forward looking indicators
that we only see at the onset of a business cycle recession.. These leading
indicators, which are objective.. they have a certain pattern that they present
in front of a recession, and that is in, that is in right now.'
'A recession is a process, and I
think a lot of people don't understand that; they're looking for two negative
quarters of GDP. But it is a process where sales disappoint, so production
falls, employment falls, income falls, and then sales fall. That vicious circle
has started. You're looking at the forward drivers of that, which are different
indicators - there's not one - everything's imperfect. The Weekly Leading Index
.. that is saying unequivocally, this is recession. Long Leading Index, which
has a longer lead, is saying recession. Service sector indicators,
non-financial services where 5 out of 8 Americans work, plunging.
Manufacturing, going into contraction. Exports, collapsing. This is a deadly
combination, we are not going to escape this, and it is a new recession.'
For investors, if you believe that current analyst estimates of
forward operating earnings are correct, and you believe that the inappropriate bubble-era
benchmarks for price-to-forward operating earnings are actually valid, and
you've ignored all evidence that the Fed Model is spectacularly devoid of
validity, and you believe that the only course for valuations is to move toward
those misguided benchmarks regardless of what happens to Europe or the U.S.
economy, then it's easy to believe that stocks will head higher. For our
part, we believe none of those things..."
We agree with John on this point. These are points that we
have written extensively on in the past.
In a low growth economic environment the persistent call for high growth rates
in stock prices is dumbfounding. History tells us that the corporate
earnings, and ultimately capital appreciation, cannot grow faster than the
economy for long. Corporate earnings, and ultimately the prices paid for
those earnings, are a reflection of the economy and not vice versa.
There is one final key point to all of this as it relates to the yield
spread. Investors face not only an oncoming recession here but also
a probable sovereign default and recession in Europe. The compounding of
these factors translates into heightened credit risk here in the U.S. (as noted
by credit spreads jumping higher recently) and corporations do not borrow
at the 10-year treasury rate. They borrow from the bond market and the
rising costs of borrowing due to rising credit risk impacts corporate
profitability. Expectations for earnings growth going into 2012 is still
extremely high with current estimates sitting at an all-time record for the
S&P 500 index next year. The reality of that occurring is
almost nil. In turn, this means that prices will have to be adjusted
for the reality of a recessionary economy which is why the average decline of
stocks during a recession is about 33%.
John Hussman
summed our current stance up very well: "Still, as
always, we're data-driven, and there are possible combinations of evidence (not
in hand at the moment) that could move us to a modestly or moderately
constructive investment stance even in the context of broader economic risks.
My impression continues to be that the best hope for a sustained advance (early
on, probably only several weeks or a few months in duration) is from
substantially lower levels, but we'll take our evidence as it comes. Suffice it
to say that we remain defensive here, but are quite willing to shift our
investment stance if the evidence supports that." Well said.’
Hold Your Enthusiasm ... This
Is Still A Bear Market Rally
http://www.bullfax.com/?q=node-hold-your-enthusiasm-still-bear-market-rally,
10/06/2011 By StopAlerts:We
have had three nice rally days, and call volume instead of put volume is
dominant, but this is still a bear market rally, in our view. If you are buying
specific stocks for specific long-term reasons, that is one thing, but if you
are buying indexes it may be best to wait for more of a confirming price
movement …’
Is a Recession Coming Next
Year? – Zacks ‘ While the current economic data is
not indicating we are back in recession, I find myself leaning more and more
into the "recession in 2012" camp.’ [ This link is provided for the plethora of data / charts
but misses the bigger picture of current data in the context of the fraudulent
scam dollar debasement strategy of the fed and the inflationary impact of same
so cheered by the frauds on wall street for the illusory effect of same. ]
[video] Caution Flag On The
Rally TheStreet.com Ken Polcari of ICAP Equity warns
investors to be careful with this rally, lows could be retested. 10/06/11
“The Prevailing
Debate Among Economists and Historians is Whether the World Economy Faces the
‘Great’ Depression of the 1930s or the ‘Long’ Depression of the 1870s”
Washington’s Blog | Economists Agree: We’re In a Depression. Fitch cuts Italy, Spain ratings; outlook negative
, Wall Street vs Reality: A
Hopeless Tug-of-War? http://symmetrycapital.net/index.php/blog/2011/10/wall-street-vs-reality-a-hopeless-tug-of-war Are Wall Street strategists living in a
bubble? [ The short answer is, ‘YES’! The long answer is your work is quite
(closer to) correct (and worse when dollar debasement is factored in).] According to our work, credit
market, demographic, and leading economic indicators are all
pointing to a level of between 800 and 1,000 for the S&P 500 between now
and 2012-2013. http://www.stansberryresearch.com/pro/1108PSI9MOVD/PPSIMA06/PR
Wall Street vs Reality: A
Hopeless Tug-of-War? http://symmetrycapital.net/index.php/blog/2011/10/wall-street-vs-reality-a-hopeless-tug-of-war Are Wall Street strategists living in a
bubble? [ The short answer is, ‘YES’! The long answer is your work is quite (closer to)
correct (and worse when dollar debasement is factored in).] According to our work, credit
market, demographic, and leading economic indicators are all
pointing to a level of between 800 and 1,000 for the S&P 500 between now
and 2012-2013…’
Paulson's Big Fund Down 47%;
Sept. Proves Dicey For Hedgiesat Barrons.com
‘Things are getting
truly desperate in Europe. I’d like to show just how bad they are by way of
example: the Belgian bank Dexia, which is now in the process of being
nationalized.
For starters, Dexia had
566 billion euros in debt and 19 billion euros in equity as of the end of 2010.
Right off the bat, that’s a leverage ratio of 29 to 1. Lehman Brothers
was leveraged at 30 to 1 when it collapsed.
Now consider that
Belgium’s entire GDP is just 348 billion euros. Dexia has 566 billion
euros in assets. Of this 352 billion are loans. Put another
way, Dexia’s loan portfolio alone is larger than its home country’s entire economy.
AND THIS BANK PASSED THE
STRESS TESTS.
Suffice to say, Europe’s
banking system is in far FAR worse shape than anyone over there is admitting.
The stress tests were complete and total fiction. And the market is starting to
figure this out.
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/09/sc-2_1.png
Small wonder then that
had both the IMF and the Bank of England have recently warned that the world is
facing a “financial meltdown” and “the worst financial crisis in history.”
Ben Bernanke issued his
own statement of doom last week as well, stating that his precious recovery is
“close to faltering.” For a guy who’s spent TRILLIONS trying to create a
recovery to admit things aren’t working out ought to give you an idea of just
how bad things will be getting in the near future.
Indeed, stocks were
rejected last at a descending trendline from the July top.
We should have at least gotten a bounce to the 38.2% retracement
(1,200 on the S&P 500). So if the market fails to get there and simply
rolls over here, then we’re going DOWN in a big way FAST.
http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/2011/09/sc-1_5.png
Here is the reality of
the financial system today:
§ The European
banking system is facing systemic collapse.
§ The US economy
has rolled over and is in a confirmed double dip in the context of a larger
DE-pression.
§ The Central
Banks and regulators have admitted we are peering into the abyss and they have
no clue what to do.
Yes, I believe
that before this mess ends, the financial system as a whole will have
collapsed. What's coming is going to make 2008 look like a joke.
If you have yet to
prepare yourself for what’s coming, now is the time to do so. Whether it’s by
moving to cash and bullion, opening some shorts, or simply getting out of the
markets altogether, now is the time to be preparing for what’s coming
(remember, stocks took six months to bottom after Lehman… and that was when the
Fed still had some bullets left to combat the collapse).
And if you’re looking
for specific ideas to profit from this mess, mr Surviving a
Crisis Four Times Worse Than 2008 report can show you how to turn the unfolding disaster into a time of
gains and profits for any investor.
Within its nine pages I
explain precisely how the Second Round of the Crisis will unfold, where it will
hit hardest, and the best means of profiting from it (the very investments my
clients used to make triple digit returns in 2008).
Best of all, this report
is 100% FREE. To pick up your copy today simply go to: http://www.gainspainscapital.com and click on
the OUR FREE REPORTS tab.
Good Investing!
Graham Summers
PS. We also feature four
other reports ALL devoted to helping you protect yourself, your portfolio, and
your loved ones from the Second Round of the Great Crisis. Whether it’s my
proprietary Crash Indicator which has caught every crash in the last 25 years
or the best most profitable strategy for individual investors looking to profit
from the upcoming US Debt Default, my reports covers it.’
FINANCIAL
CRISIS
"ROUND
TWO" SURVIVAL GUIDE THIS BEAR MARKET IS NOWHERE NEAR OVER. Since its March
10 low of 666 in 2009, the S&P 500 rally has been almost unstoppable.
Pundits and media commentators alike have taken this to mean that the bear
market is over and that stocks should once again be the primary asset class for
investors. None of them knows what they’re talking about. Over the last 30
years, the US has built up record debts on a personal, state, and national level.
Consumers thought they were financially stable so long as they could cover the
interest payments on their credit cards, states created program after program
few if any of which they could afford, and the Federal Government issued $30-50
trillion in debt and liabilities (counting Social Security and Medicare). This
all came to a screeching halt when the housing bubble (arguably the biggest
debt bubble in history) imploded in 2007. Since that time, stocks have staged
one of their worst years on record (2008), one in five us mortgages has fallen
underwater (meaning the mortgage loan is worth more than the home itself), and
some trillions in US household wealth has evaporated. These issues seem to be
distinct, but in reality they all stem from a debt problem. And as you know,
there is only one legitimate way to deal with a debt problem: Pay it off.
However, instead of doing this, the Feds (the Federal Reserve, Treasury Dept,
etc.) have been producing EVEN MORE DEBT. Here’s a brief recap of their moves
thus far: • The Federal Reserve cuts interest rates from 5.25‐0.25% (Sept
’07 today) • The Bear Stearns deal/ Fed buys $30 billion in junk mortgages
(March ’08) • The Fed opens various lending windows to investment banks (March
’08) • The SEC proposes banning shortselling on financial stocks (July ’08) •
The Treasury buys Fannie/Freddie for $400 billion (Sept ’08) • The Fed takes
over AIG for $85 billion (Sept ’08) • The Fed doles out $25 billion for the
auto makers (Sept ’08) • The Feds’ $700 billion Troubled Assets Relief Program
(TARP) (Oct ’08)
• The Fed
buys commercial paper (nonbank debt) from nonfinancials (Oct ’08) • The Fed
offers $540 billion to backstop money market funds (Oct ’08) • The Feds
backstops up to $280 billion of Citigroup’s liabilities (Oct ’08). • Another
$40 billion to AIG (Nov ’08) • The Fed backstops up $140 billion of Bank of
America’s liabilities (Jan ’09) • Obama’s $787 Billion Stimulus (Jan ’09) • The
Fed’s $300 billion Quantitative Easing Program (Mar ’09) • The Fed buying $1.25
trillion in agency mortgage backed securities (Mar ’09 ’10) • The Fed buying
$200 billion in agency debt (Mar ’09’10) • Cash for Clunkers I & II
(JulyAugust ’09) And that’s a BRIEF recap (I’m sure I left something out). In a
nutshell, The Feds have tried to combat a debt problem by ISSUING MORE DEBT.
They’re pumping trillions of dollars into the financial system, trying to prop
Wall Street and the stock market. They’ve managed to kick off a rally in
stocks… But they HAVE NOT ADDRESSED THE FUNDAMENTAL ISSUES PLAGUING THE
FINANCIAL MARKET. Stocks are headed for another Crash, possibly as bad as the
one we saw in October November 2008. As you know, that Crash wiped out $11
trillion in household wealth in a matter of weeks. There’s no telling the
damage this Second Round will cause. The Feds have thrown everything they’ve
got (including the kitchen sink) at the financial crisis… and things are
fundamentally no better than they were before: most major banks are insolvent,
one in five US mortgages is underwater, and the stock market is being largely
propped up by in‐house trading from a few key players (Goldman Sachs,
UBS, etc). Make no mistake, we are rapidly headed for ugly times in the
financial markets. The time to prepare yourself is NOW! And I’ve located several
investments that will not only protect your portfolio… they’ll also help you
turn a profit when this “house of cards” we call a market rally comes crashing
down. I’ve detailed all of them in this report, The Financial Crisis “Round
Two” Survival
Guide.
Two Ways
Stocks Pay: Inflation and Dividends Before we get into the specific investment
suggestions, it’s important to take a big picture of stocks as an asset class.
The common consensus is that stocks return an average of 6% a year (at least
going back to 1900).
However, a
study by the London Business School recently revealed that when you
remove
dividends, stocks’ gains drop to a mere 1.7% a year (even lower than
the return
from longterm
Treasury
bonds over the same period). Put another way, dividends account for 70% of the
average US stock returns since 1900. When you remove dividends, stocks actually
offer LESS reward and MORE risk than bonds. If you’d invested $1 in stocks in
1900, you’d have made $582 with reinvested dividends adjusted for inflation vs.
a mere $6 from price appreciation. So as much as the CNBC crowd (and out serial
bubble blowing Fed Chairman Ben Bernanke) would like to believe that the way to
make money in stocks is buying low and selling high, the reality is that the
vast majority of gains from stocks stem from dividends. The remaining gains
have come largely from inflation. Bill King, Chief Market Strategist M.
Ramsey King Securities recently published the following chart comparing
REAL GDP (light blue), GDP when you account for inflation (dark blue), and the
Dow Jones’ performance (black) over the last 30 years. What follows is a clear
picture that since the mid-70s MOST of the perceived stock gains have come from
inflation.
Which
brings us to today. According to official data, the S&P 500 is currently
trading at a Price to Earnings (P/E) ratio of 20 and yields 1.7%. In plain
terms, stocks are expensive (historic average for P/E is 15) and paying little.
In other words, there is little incentive, other than future inflation
expectations, for owning stocks right now.
With this
in mind, now is the time to be pruning your “long” holdings. We’ve had a
spectacular run in stocks since the March 2009 low and the likelihood of this
continuing much longer is relatively slim. Running Out of Buyers By most
historic metrics, the market is showing signs of a significant top. Here are
just a few key metrics: 1) Investor sentiment is back to super bullish autumn
2007 levels. 2) Insider selling to buying ratios are back to autumn 2007 levels
(insiders are selling the farm). 3) Money market fund assets are at 2007 levels
(indicating that investors have gone “all in” with stocks). 4) Mutual fund cash
levels are at a historic low. This final point is key. Mutual funds are the
“big boys” of the investment world. If they have become fully invested in the
market, this means there are few buyers left to push stocks higher. This is
evident in the fact that every time mutual fund cash levels dropped, stocks
collapsed soon after (see chart below).
http://home.comcast.net/~RoyAshworth/Mutual_Fund_Cash_Levels/Mutual_Fund_Cash_Levels.htm
In plain
terms, the odds are high that a Top is forming in stocks. With that in mind, if
your portfolio is heavily invested in stocks, now is a time to be taking some
profits. If you can, consider moving a sizable chunk into cash. The market is
extremely tired and the systemic risks underlying the Financial Crisis are in
no way resolved. With investor complacency (as measured by the VIX) back to
pre‐Crash levels, the Fed withdrawing several of its more significant
market props, and low participation coming from the larger institutions, this
market is ripe for a serious correction. I’m not saying this will immediately
happen. But at some point there will be a new round to the Financial Crisis.
When that happens, we WILL have another Crash. Indeed, it is quite possible
that stocks are making a VERY significant top, so being heavily invested in
stocks going forward doesn’t make much sense. Take some money off the table. If
you need a place to put it, I suggest physical cash or Gold/ Silver bullion. If
You MUST Stay Long, Shift to Quality If you DO have to stay invested in stocks,
now is the time to be shifting out of junk into quality. The market rally from
March 2009 has largely been lead by junk companies (financials, retailers,
etc). Meanwhile, quality has lagged dramatically. As an example, let’s compare
the performance of Coke (KO) to Bank of America (BAC). KO is one of the best,
most profitable brands in the world. The competitive moat around this business
is extraordinary and it remains one of the most easily recognized franchises on
the planet. You can drink six glasses of Coke a day and still enjoy it the next
day. That quality is almost nowhere to be found in any other food/ beverage on
the planet: even chocolate would get old after six bars a day. BAC on the other
hand has swallowed Countrywide Financial AND Merrill Lynch’s garbage assets. It
is effectively insolvent based on its derivative exposure alone (the company
has derivatives equal to 3,000% of assets). BAC’s balance sheet is like an open
sewer and without serious government intervention the company would not even
exist right now. And yet, BAC’s stock has risen nearly 200% since the March ‘09
lows… while KO is up less than 50%.
This
relationship works to the downside as well. What I mean is that when stocks
come unhinged, Quality (Coke) then outperforms Garbage (Bank of America) hands
down.
So, if you
HAVE to remain invested in stocks to the long side for whatever reason, now is
the time to be moving into high quality companies. This means finding companies
with low debt, lots of cash, strong results (KO actually GREW revenues in
2008), and significant competitive advantages. Also, and this is critical, look
for companies with strong balance sheets: companies that will still EXIST if
there’s another Crisis. Depression or no, people will still drink soda,
alcohol, smoke cigarettes, and need medicine. I’ve compiled a list of companies
you should consider if you need to remain involved in stocks going forward:
Company Symbol Sector Price/ Cash
Flow
Dividend
Yield Coke
KO Soft Drinks 15 3.2%
Budweiser
BUD Alcohol 14 N/A J&J JNJ Medicine 10 3.02% WalMart WMT General Retail 8
2.16% Exxon Mobil XOM Oil 11 2.51% You’ll note that most of these companies pay
decent dividends (compared to the S&P 500’s 1.7%). This is critical going
forward. With stocks overvalued, you want to make sure you’re at least getting
paid for remaining involved in the market. However, there is an added bonus to
owning Quality stocks right now. Because this market rally has largely been
dominated by Garbage stocks, Quality companies like Coke have not yet risen to
extreme valuations. Thus, you can still buy them at relatively cheap levels
(less than 15 times cash flow). So, in a sense, they are a good investment
based on pricing as well. I want to stress that these investments are only if
you HAVE to stay in stocks for some reason. If there is another collapse these
companies will fall like everything else. However, they will likely fall less
than the rest of the market (see the chart comparing Coke and the S&P 500
below).
source: Yahoo
Finance So while I do not expect these positions to make a lot of money now
(these are not short-term trades), they should shelter you from losing too much
money should another Crash hit. Indeed, if the market DOES collapse and these
companies fall 10- 15% across the board (while the market falls 30%+) I would
consider these investments even MORE attractive than they are today. Let me
explain. Volatility can either hurt you or be your friend. Most people would
sell a position if it fell 20-30%. This is wise if you’re investing based on
momentum. However, if
you’re
investing based on value, then doing this is completely antithetical to
attaining high returns. Consider Coke. Let’s say tomorrow Coke collapsed from
$55 to $25 per share. Most investors would panic and sell. I, on the other
hand, would be buying greedily. Why? Because Coke’s business has a fundamental
value. Even during a Financial Crisis and Depression, people will continue to
drink soda. So the opportunity to buy Coke at $25 a share (which would be 7-8
times cash flow) would be truly an extraordinary opportunity. Indeed, from an
income perspective alone, the opportunity here would be fantastic. Consider
that in 2009, Coke paid out $1.76 in dividends. With shares at $55, this means
a dividend yield of 3.2% (roughly three times what you’d get by leaving your
money in a savings account). However, if Coke shares fell to $25, that $1.76
suddenly becomes a 7% yield
($1.75/
$25.00). That’s a heck of a return from an income perspective. Even if
globally
the world entered a sharp Depression and Coke’s income fell by 30%,
pulling its
payouts down to $1.23, you’re still looking at a 5% yield. Indeed, companies
like Coke offer the potential of REAL value should their share prices drop.
Their fundamentals almost ALWAYS outperform investor sentiment. What I mean by
this is that should there be another Collapse, Coke’s share price will almost
certainly fall MORE from its current levels than Coke’s cash payouts or income
will from theirs. During 2008, Coke shares fell 30% or so. However, Coke
actually INCREASED its dividend that year. Anyone who bought Coke in October
2008, now collects a 4% yield on their shares (four times what he or she would
get from a bank account). This is why companies like Coke remain so strong
during times of Crisis. With the FDIC broke and most US banks insolvent,
investors desperately need a place to park cash that will still EXIST in a few
years. Companies like Coke are a reasonable alternative to a savings account in
the sense that you’re paid a higher yield for your deposit (now 3%, but 5% or
higher if Coke shares plunge). Of course, because Coke is a stock, you can lose
1015%
or more if
shares drop and you sell. In a Crisis, plain old cash will outperform just
about anything.
This is why
I’ve suggested moving money to cash, if you can. It’s also why I
suggested
buying Coke and the other companies listed above only IF you HAVE
to be in
stocks right now.
Catastrophe
Insurance: Trades For When the Collapse Hits
Now is also
the time to be taking out some “Catastrophe Insurance” by compiling a list of
trades to make once stocks begin to collapse. Let me be clear, these are not
trades that
you’ll make right now… these are trades you’ll make WHEN stocks
collapse.
Personally,
I favor UltraShort ETFs. If you’re unfamiliar with UltraShort ETFs, these are
invetsments that return 2X the inverse of a particular ETF. Let’s take an
example, the UltraShort Financials ETF (SKF). SKF returns 2X the inverse of the
Financials ETF (IYF). So if IYF falls 5%, SKF rises 10%. If IYF falls 10%, SKF
rises 20%. In this sense, SKF is a great “hedge” or means of playing Financial
stocks to the downside. However, there’s an added bonus to UltraShort ETFs like
SKF: these investments ALSO trade based on demand from the marketplace. So if
stocks collapse say 30%, you might actually see gains GREATER than 60% (2X the
inverse) due to investors piling in as they seek to profit from the collapse.
Consider SKF’s performance in 2008, for example. In 2008, financial stocks (as
measured by the Financials ETF: IYF), fell roughly 50%.
However, if
you’d bought SKF once the Crisis really took hold (late September), you could
have made MORE than 100% in two month’s time:
This is
what makes the UltraShort ETFs so handy when a Crisis hits: because they truly
skyrocket as investors stampede like elephants into safety. However, I MUST
STRESS that these are not investments to “buy and hold”.
Instead,
these are shortterm
trades you
should make ONLY once stocks have
begun to
truly collapse. Simply add them to your “on deck” trades to make
once the
next Crisis hits. You’re probably asking yourself, “how can I distinguish
between an ordinary
correction
and a REAL Crisis?” Let’s see what history shows us. If you recall from 2008, stocks
didn’t go straight down. Instead they dropped, bounced, and then began the
serious collapse. Looking back at that time, the 50 DMA served as a useful
metric for gauging that a serious decline was about to begin:
As you can
see stocks rolled over and broke below their 50DMA in late 2007. After that,
the 50DMA acted as strong resistance. Indeed, there was only one bounce above
this level, which lasted roughly a month and a half. The real trouble began in
the summer of 2008, and investors were given a decent warning when the S&P
500 collapsed and then bounced to test the 50‐DMA and failed to break it.
Similar
warnings appeared before the 1987 Crash:
The Tech
Bubble:
And the
2008 Crash:
Thus, this
tells us that the 50DMA is a strong metric for gauging when real trouble hits
stocks again. On that note, the trigger you should be looking for in terms of
when the
next Crash will hit will be a decisive break BELOW the 50DMA
followed by
a strong bounce that FAILS to break above it again. With that in mind, here are
some trades to put “on deck” for when the next round of the Crisis hits. Trade
#1: Short the Russell 2000
The Russell
2000 is perhaps the junkiest index in the US. Many of the companies that
comprise
this index don’t even MAKE money and most likely should have never been
taken
public in the first place. This is the “risk” index, the index of companies
that are
garbage.
For that reason, the Russell 2000 will collapse most when stocks truly begin
rolling
over.
The below
chart compares the Russell 2000’s performance against that of the Dow Jones
Industrial
Average during the 2008 Crash. As you can see, the Russell dropped
significantly
more:
For this
reason, I suggest buying the UltraShort Russell 2000 ETF (TWM) when the
market
begins its next real collapse.
The
UltraShort Russell 2000 ETF (TWM) returns 2X the inverse of the Russell 2000.
So if the
Russell 2000 falls 5%, TWM returns 10%. If the Russell 2000 falls 10%, TWM
returns
20%. It’s a terrific means of playing the collapse in small cap stocks.
Again, wait
for stocks to enter a free fall before opening this trade.
Trade #2:
Short Financials
By now you
know that the current Crisis has centered on the financial sector, specifically
the banks.
The Protect Your Savings report details the issues extensively. However,
as
further
proof, the below chart shows that US banks are about to get slammed with
another
round of
mortgage defaults from the residential housing sector (I’m not even going to
bother
including the commercial real estate market which is a multi-billion time bomb
in
of itself).
Suffice to
say, Financials have a lot of issues coming their way in the future. For that
reason,
when the next Round of the Crisis hits, I suggest buying the UltraShort
Financials
ETF (SKF).
SKF returns
2X the inverse of the Financials ETF (IYF). So if the IYF falls 5%, SKF
returns
10%. If the IYF falls 10%, SKF returns 20%. It’s a terrific means of playing
the
collapse in
financials stocks.
Again, wait
for stocks to enter a free fall before opening this trade.
Trade #3:
Short the Retail ETF
The US
consumer accounts for 70% of US GDP. Real unemployment is currently close to
17%. Food Stamp usage is around a record 38 million. Tax receipts for 2010 so
far are LOWER than 2009’s levels (didn’t everyone think the entire world was
ending back then?). And yet, retail stocks are back to their 2007 highs:
As you can
see, retail stocks in general are up nearly 200% during the worst recession in
decades. It’s simply staggering. For that reason, I suggest Shorting the
Retail ETF
(XRT) when stocks start to collapse. XRT gives broad exposure to the retail
sector. Its top holdings are: Company % of Assets Casey General Stores 1.9%
Gamestop 1.9% Jos A Bank Clothiers 1.8% Netflix 1.8% Tractor Supply 1.7%
Annetaylor Stores 1.7% Limited Brands 1.7% Childrens PI Retail Stores 1.7% Best
Buy 1.6% Abercrombie and Fitch 1.6% Shorting this ETF gives you the opportunity
to short retail across the board. However, if you’re more inclined to short
specific companies, I’d focus on apparel and clothing retailers like Gap (GPS),
Limited Brands (LTD), Nordstrom (JWN), and the like. As with the other trades,
only enter these shorts when the market begins to enter a free fall.
Trade #4:
Short the Emerging Markets Emerging markets have leaded the US on this latest
rally: they bottomed back in November 2008, while US stocks continued to plunge
until March 2009. That’s not the only “leading” emerging markets have done.
While the S&P 500 is up some 60% from its March lows, China, Brazil and
their kind have all more than DOUBLED from the November 2008 lows.
This
relationship will reverse in the next Crisis.
During
times of Crisis, the “flight to safety” involves institutional investors
dumping
their
foreign shares to load up on Treasuries or other perceived “safe havens.”
Consequently,
emerging markets are hit hardest when the markets collapse.
For that
reason, when the next collapse begins I suggest shorting emerging markets via
any number
of inverse Ultrashort ETFs. The most popular ones are:
1) The
UltraShort Emerging markets ETF (EEV)
2) The
UltraShort China ETF (FXP)
3) The
UltraShort Brazil ETF (BZQ)
All three
of these return 2X the inverse of an underlying index: the MSCI Emerging
Markets
ETF, the FTSE/ Xinhua 25 ETF, and the Brazil ETF, respectively. As such, they
represent a
great way to pocket major gains when the emerging markets collapse along
with the
rest of the financial world during the next Crisis.
As with the
other trades, only enter these shorts when the market begins to enter a free
fall.
CONCLUSION This concludes the our report. If you found this interesting you
might want to consider delving into our other FREE reports. All of them are
available for downloading. Simply click here.
Good
Investing!
Graham
Summers
Chief
Market Strategist
Phoenix
Capital Research
Think Tank Says Bailout Fund
Will Need $6 Trillion And France Will Lose AAA Rating Daily Bail |
Where do they plan to get the money, Euro Claus?
Stocks Surge On New Promises From
European Leaders, Dow Adds 300 Points [ Come on! Wake up! Two desperate, failed politicians who haven’t the slightest idea
what they’re
doing; certainly in the areas of finance and economics. Indeed, they’ve borrowed from a page
in the fraudulent wall street / defacto bankrupt american book of failure and
fraud in banging ‘square
pegs in round holes’
along with nation-draining fraudulent obfuscation with b***s*** alone that
hearkens back to that ’Weimar
dollar’
era that was precursor to and inevitably led to the inflationary / no real
value collapse now underway as is already the scenario in america. How totally
desperate and pathetic they are. This is cheered by the wall street types /
frauds to enable them to favorably cash
out. Take your profits while you still can, protect yourself while you still
can, this fraud –
induced collapse is just beginning. New ‘promises’! Currency-debased
high inflation rally! What a joke they’ve become! ]
Bulls Prevent Bear Market This
Week: Dave's Dailyat TheStreet [Sorry Dave … this is
already a secular bear market with sporadic, contrived, HFT / programmed
contraindicated suckers’ bear market rallies that you yourself have
previously pointed out, alluded to. Who talked to you Dave, which by the way
brought you ‘back into the fold’ at least at
Yahoo, etc., with your atypically inaccurate headline.] It didn’t take much Tuesday to get a short-squeeze underway.
Markets were at bear market levels then until a rumor, passing as a news story
from FT, got the bullish HFT algos going.
The impact of
phony short-squeeze rallies — Ritholtz
Don’t mock the 99% — Megan
McArdle
Did LSD help
make Steve Jobs more creative? — Slate
Alex P.
Keaton, an alternative history — Josh
Brown
Steve
Jobs and America’s decline — Greg Ip in the Economist Oct 6th 2011,
G.I. | WASHINGTON [ That Steve Jobs was great for having literally saved Apple
Computer from extinction, there is no question and I’ve previously eulogized
him accordingly, ‘pre-death’ (my first computer was an AppleIIc in 1986).
Related story: ‘Did LSD help make Steve Jobs more creative? — Slate’ Yet, for every story as his, the Beatles (my
favorite band all-time, along with the Classical Greats), etc., I can relate a
multitude of stories of tragedy, disaster, including one of a quite brilliant
lad I worked with – summer job – who expounded on the benefits of LSD expanding
one’s mind {repeatedly recommending I try it – I didn’t- never did} was
accepted at Columbia Law School, and while hitchhiking while high in
mind-expansion-mode walked into a mack truck thereby expanding his mind (and
body) all over the roadway, etc..]
‘EARLIER this year a Federal Reserve official tried to tamp down worries
about inflation by noting that, while food and petrol were getting more
expensive, you could now buy an iPad that was twice as powerful for the same
price as the previous model. The remark, soon lampooned as “Let them eat
iPads”, predictably drew derision. But it typified a tactic to which American
leaders frequently turn when they need a rejoinder to economic doomsaying: cite
an Apple product.As bad as their politics has got, Americans could always
comfort themselves with the knowledge that their business leaders, entrepreneurs
and workers were the most dynamic and innovative in the world. But they may
look back on 2011 and see three events that undermine that story: the downgrade
of America’s credit rating; the last flight of the space shuttle; and Mr Jobs’s
death. The first, coming as it did on the heels of a debilitating and entirely
pointless fight over raising the debt ceiling, captures how American political
dysfunction has undermined the economy’s institutional pillars. The latter two
symbolised the waning of, respectively, American public and private
technological pre-eminence.
Of course, it would be foolish to count out Apple,
much less an entire economy, because of one man’s death. Yet even if
Apple remains as successful as it has been under Mr Jobs, that success long ago
decoupled from that of the broader economy. Written on the back of my iPod are
the words, “Designed
by Apple in California, Assembled in China.” It was classic Jobs:
reframing an issue, the outsourcing of American manufacturing jobs, as
something inspirational rather than discouraging. The low-skill assembly jobs
and the middle-class lives they provided may be leaving for Asian shores, but
the brainy, wealth-creating parts of the process—the design, the
engineering, the marketing—were firmly rooted in Silicon Valley. Free traders
(including me) loved to cite the research that finds far more of the value in
an iPod is added in America than in China.
But behind this glowing story of synergy between
American brains and Chinese brawn lay a more disturbing reality. American
global economic leadership has, in the last decade, benefited an ever narrower
slice of its people. They have become fabulously wealthy, while the vast
majority of job growth has been in areas like education and health care, where
productivity and wages are stagnant, a trend well documented by Michael Spence.
American global business leadership used to be personified by the likes of
General Motors, Caterpillar, General Electric and Eastman Kodak. As they lost
market share to foreign competitors, shifted employment overseas or flirted
with bankruptcy, the focus turned to technology companies like Cisco Systems,
Microsoft and Hewlett Packard. Microsoft and Cisco are both fine, though in
recent years they have undergone layoffs and seen their market values shrink to
a fraction of their bubble-era peaks. Hewlett Packard, of course, is flailing
around for a new business model, and is seeking to exit the personal-computer
business altogether.
Americans' entrepreneurial self-esteem is now
embodied by Apple, Google, Facebook and Amazon. These are indeed fabulously
innovative companies with world-beating business models. Yet one wonders if
they are increasingly the exception, not the rule, and if the passing of Mr
Jobs is simply the most prominent example of a broader decline in American
entrepreneurship. According to JPMorgan, in the late 1990s, employment at
start-up companies regularly grew 1.2m per quarter. That has fallen to 700,000
since the current recovery began. John Haltiwanger,
probably the leading economist on employment dynamics by firm size, finds
similar trends.
Entrepreneurship and innovation, of course, are not
the same thing. Yet even if American innovation is fundamentally sound, there
remains the more unsettling problem of how narrowly its fruits are shared. If
you want to know why the Senate is on the verge of passing a bill punishing
China for its trade practices, look no further than this fact: Apple, Google,
Facebook and Amazon collectively employ just 113,000 people, a third of GM’s payroll in 1980.
Naturally, as Adam Smith pointed out long ago, the sole purpose of production
is consumption, so one should not scoff at the benefits these companies create
for Americans in their other role as consumers rather than workers. And in
truth, technological advancement has probably done far more than trade to
hollow out the middle class and widen inequality. Slapping China with punitive
tariffs is more likely to trigger a trade war than restore millions of
middle-class jobs.
But this is not a message that resonates with voters,
or Congress. Both suspect that globalisation has done far more to benefit
companies’
shareholders and their bankers than rank-and-file workers. That is the
conviction of the people now occupying Wall Street, even if they lack coherent
plans for dealing with it. And one can't blame them for suspecting the
administration’s motives when its ambassador to China delivers a speech that so
prominently takes up the cause of American credit-card companies. Of course,
Visa and Mastercard are as deserving of government support in foreign markets
as any metal-bending company; but they only employ 12,600 people worldwide.
It would be unfair to lay this all at the feet of
American politicians: widening inequality and the decline of middle-class
manufacturing jobs is a global phenomenon that vexes governments everywhere.
Yet this does not excuse American governance for making matters worse. There
are lots of things it could do to improve the ability of and incentives for
American companies and workers to innovate and grow, whether it’s taxing fossil fuels,
giving more green cards to foreign scientists and engineers or simplifying the
tax code. These days, however, that seems a fantasy compared to more prosaic
demands such as, don’t shut down the government, starve critical
government agencies of funds or default on the national debt. If America is
going to hold on to its technological mojo, it needs all the help it can get.’
>
9 things you didn’t know about the life of Steve Jobs
‘For all of his years in the spotlight at the helm of Apple, Steve Jobs in many ways remains an
inscrutable figure — even in his death. Fiercely private, Jobs concealed most
specifics about his personal life, from his curious family life to the details
of his battle with pancreatic cancer — a disease that ultimately claimed him on Wednesday,
at the age of 56.
While the CEO
and co-founder of Apple steered most interviews away from the public
fascination with his private life, there's plenty we know about Jobs the
person, beyond the Mac and the iPhone. If anything, the obscure details of his
interior life paint a subtler, more nuanced portrait of how one of the finest
technology minds of our time grew into the dynamo that we remember him as today.
1. Early
life and childhood
Jobs was born in San Francisco on February 24, 1955. He was adopted shortly
after his birth and reared near Mountain View, California by a couple named
Clara and Paul Jobs. His adoptive father — a term that Jobs openly objected to — was a machinist for a
laser company and his mother worked as an accountant.
Later in life,
Jobs discovered the identities of his estranged parents. His birth mother,
Joanne Simpson, was a graduate student at the time and later a speech
pathologist; his biological father, Abdulfattah John Jandali,
was a Syrian Muslim who left the country at age 18 and reportedly now serves as
the vice president of a Reno, Nevada casino. While Jobs reconnected with
Simpson in later years, he and his biological father remained estranged.
2. College dropout
The lead mind behind the most successful company on the planet never graduated
from college, in fact, he didn't even get close. After graduating from high
school in Cupertino, California — a town now synonymous with 1 Infinite Loop,
Apple's headquarters — Jobs enrolled in Reed College in 1972. Jobs stayed at
Reed (a liberal arts university in Portland, Oregon) for only one semester,
dropping out quickly due to the financial burden the private school's steep
tuition placed on his parents.
In his famous 2005 commencement speech
to Stanford University, Jobs said of his time at Reed: "It wasn't all
romantic. I didn't have a dorm room, so I slept on the floor in friends' rooms,
I returned coke bottles for the 5 cent deposits to buy food with, and I would
walk the seven miles across town every Sunday night to get one good meal a week
at the Hare Krishna temple."
3. Fibbed to his Apple co-founder about a job at Atari
Jobs is well known for his innovations in personal computing, mobile tech, and
software, but he also helped create one of the best known video games of
all-time. In 1975, Jobs was tapped by Atari to
work on the Pong-like
game Breakout.
He was
reportedly offered $750 for his development work, with the possibility of an
extra $100 for each chip eliminated from the game's final design. Jobs
recruited Steve Wozniak (later one of Apple's other founders) to help him with
the challenge. Wozniak managed to whittle the prototype's design down so much
that Atari paid out a $5,000 bonus — but Jobs kept the bonus for himself, and paid his
unsuspecting friend only $375, according to Wozniak's own autobiography.
4. The
wife he leaves behind
Like the rest of his family life, Jobs kept his marriage out of the public eye.
Thinking back on his legacy conjures images of him commanding the stage in his
trademark black turtleneck and jeans, and those solo moments are his most
iconic. But at home in Palo Alto, Jobs was raising a family with his wife,
Laurene, an entrepreneur who attended the University of Pennsylvania's
prestigious Wharton business school and later received her MBA at Stanford,
where she first met her future husband.
For all of his
single-minded dedication to the company he built from the ground up, Jobs
actually skipped a meeting
to take Laurene on their first date: "I was in the parking lot with the
key in the car, and I thought to myself, 'If this is my last night on earth,
would I rather spend it at a business meeting or with this woman?' I ran across
the parking lot, asked her if she'd have dinner with me. She said yes, we
walked into town and we've been together ever since."
In 1991, Jobs
and Powell were married in the Ahwahnee Hotel at Yosemite National Park, and
the marriage was officiated by Kobin Chino, a Zen Buddhist monk.
5. His
sister is a famous author
Later in his life, Jobs crossed paths with his biological sister while seeking
the identity of his birth parents. His sister, Mona Simpson (born Mona
Jandali), is the well-known author of Anywhere But Here — a story about a mother and daughter that was later
adapted into a film starring Natalie Portman and Susan Sarandon.
After reuniting, Jobs and Simpson developed a close relationship. Of his
sister, he told a New York Times interviewer: "We're family. She's
one of my best friends in the world. I call her and talk to her every couple of
days.'' Anywhere But Here is dedicated to "my brother Steve."
6. Celebrity romances
In The Second Coming of Steve Jobs, an unauthorized biography, a friend from Reed
reveals that Jobs had a brief fling with folk singer Joan Baez. Baez confirmed the the
two were close "briefly," though her romantic connection with Bob
Dylan is much better known (Dylan was the Apple icon's favorite musician). The
biography also notes that Jobs went out with actress Diane Keaton briefly.
7. His
first daughter
When he was 23, Jobs and his high school girlfriend Chris Ann Brennan conceived
a daughter, Lisa Brennan Jobs. She was born in 1978, just as Apple began
picking up steam in the tech world. He and Brennan never married, and Jobs
reportedly denied paternity
for some time, going as far as stating that he was sterile in court documents.
He went on to father three more children with Laurene Powell. After later
mending their relationship, Jobs paid for his first daughter's education at
Harvard. She graduated in 2000 and now works as a magazine writer.
8.
Alternative lifestyle
In a few interviews, Jobs hinted at his early experience with the psychedelic
drug LSD. Of Microsoft founder Bill Gates, Jobs said: "I wish him the
best, I really do. I just think he and Microsoft are a bit narrow. He'd be a
broader guy if he had dropped acid once or gone off to an ashram when he was
younger."
The connection
has enough weight that Albert Hofmann, the Swiss scientist who first
synthesized (and took) LSD, appealed to Jobs for funding for research about the
drug's therapeutic use.
In a book interview,
Jobs called his experience with the drug "one of the two or three most
important things I have done in my life." As Jobs himself has suggested,
LSD may have contributed to the "think different" approach that still
puts Apple's designs a head above the competition.
Jobs will
forever be a visionary, and his personal life also reflects the
forward-thinking, alternative approach that vaulted Apple to success. During a
trip to India, Jobs visited a well-known ashram and returned to the U.S. as
a Zen Buddhist.
Jobs was also
a pescetarian who didn't consume most animal products, and didn't eat meat
other than fish. A strong believer in Eastern medicine, he sought to treat his
own cancer through alternative approaches
and specialized diets before reluctantly seeking his first surgery for a
cancerous tumor in 2004.
9. His
fortune
As the CEO of the world's most valuable brand,
Jobs pulled in a comically low annual salary of just $1. While the gesture
isn't unheard of in the corporate world — Google's Larry Page,
Sergey Brin, and Eric Schmidt all pocketed the same 100 penny salary annually — Jobs has kept his salary
at $1 since 1997, the year he became Apple's lead executive. Of his salary,
Jobs joked in 2007:
"I get 50 cents a year for showing up, and the other 50 cents is based on
my performance."
In early 2011,
Jobs owned 5.5 million shares of Apple. After his death, Apple shares were valued at $377.64 — a roughly 43-fold growth
in valuation over the last 10 years that shows no signs of slowing down.
He may only
have taken in a single dollar per year, but Jobs leaves behind a vast fortune.
The largest chunk of that wealth is the roughly $7 billion from the sale of
Pixar to Disney in 2006. In 2011,
with an estimated net worth of $8.3 billion, he was the 110th richest person in
the world, according to Forbes. If Jobs
hadn't sold his shares upon leaving Apple in 1985 (before returning to the
company in 1996), he would be the world's fifth richest individual.
While there's
no word yet on plans for his estate, Jobs leaves behind three children from his
marriage to Laurene Jobs (Reed, Erin, and Eve), as well as his first daughter,
Lisa Brennan-Jobs.’
-----
Did LSD help
make Steve Jobs more creative? — Slate
{ I’d
say ‘causation’ (cause/effect) becomes
problematic here; a ‘chicken and egg’ kind of thing that in the realm of Kantian
philosophy would be considered a noumenon; quite possibly even misconstrued by
Jobs himself in an overly humble, somewhat self-effacing kind of way, ignoring
his innate abilty, brilliance. } [ That
Steve Jobs was great for having literally saved Apple Computer from extinction,
there is no question and I’ve previously eulogized him accordingly, ‘pre-death’ (my first computer was
an AppleIIc in 1986). Yet, for every story as his, the Beatles (my favorite
band all-time, along with the Classical Greats), etc., I can relate a multitude
of stories of tragedy, disaster, including one of a quite brilliant lad I
worked with –
summer job –
who expounded on the benefits of LSD expanding one’s mind {repeatedly
recommending I try it – I didn’t- never did} was accepted at Columbia Law School,
and while hitchhiking while high in mind-expansion-mode walked into a mack
truck thereby expanding his mind (and body) all over the roadway, etc..]
Home ownership: Biggest drop since
Great Depression
The percentage of Americans who owned their homes has seen its biggest decline
since the Great Depression, according to the U.S. Census Bureau.
The
impact of phony short-squeeze rallies — Ritholtz http://www.ritholtz.com/blog/2011/10/the-mmpact-of-phoney-short-squeezes
Stock
investors may take days to distinguish real news from noise, according to
Federal Reserve Bank of New York.
http://www.ritholtz.com/blog/wp-content/uploads/2011/10/1007chart.jpg
This is
especially true these days, given false announcements of bailouts, Fed
interventions and rescues. They tend to cause fake short squeezes that
temporarily spike markets, only to see them ultimately head lower.
To get a
closer look of noise on markets, the FFRBNY studied how UAL’s stock moved in
September 2008. At the time, a “six-year-old
report on the company’s bankruptcy
filing appeared online and was treated as a new story.”
David Wilson
of Bloomberg has the details:
“UAL, which later became
United Continental Holdings Inc., plunged as much as 76 percent on Sept. 8,
2008, in response to the error. While UAL’s loss narrowed to 11 percent by the close of
trading, the shares fell the next two days before rebounding.
“Residual effects
attributable to the false news shock” lasted for seven trading days, the researchers wrote
this week in a blog posting on the New York Fed’s website. The effect is
at odds with the efficient-market hypothesis, which holds that share prices
reflect all publicly available data on a company.
To identify the time period, they estimated where UAL’s shares would have
traded if the outdated report hadn’t surfaced. The projection was derived from the
performance of the Standard & Poor’s 500 Index, the Bloomberg World Airlines Index and
crude oil during the period. The posting by economists Carlos Carvalho,
Nicholas Klagge and Emanuel Moench was based on a report they published in May
2009 and revised in June. Carvalho, who teaches economics at the Pontifical
Catholic University of Rio de Janeiro, worked at the New York Fed when the
research was originally done. His two co- authors are still there.
Given every twitch of the market over tales of EU/ECB
action, German banks bailing out Italy, or anything related to Greece, it is
interesting to see how traders behave relative to false announcements.’
IMF to Propose New Short-Term
Credit Lines Oct 7th, 2011 News (The Wall Street
Journal) — The International Monetary Fund is crafting a proposal to offer new
short-term credit lines to governments to prevent the spread of global
financial crises, senior IMF and finance officials say.The program has the
tentative backing of key world financial leaders who are expected to approve
the new lending tool at the coming meetings of the Group of 20 industrialized
and developing economies, according to three senior officials from G-20
countries. [source] PG
View: Yes! Absolutely! More credit, more debt is the answer to the
global debt crisis.
U.S. Bank Exposure to Europe
Could Be $640 Billion, Per Congressional Paper Oct 7th, 2011 News
(The Wall Street Journal) — U.S. bank exposure to the European debt crisis is
estimated at $640 billion, nearly 5% of total U.S. banking assets, according to
recent research papers written for Congress.While U.S. Treasury Secretary
Timothy Geithner says the U.S. banking sector’s vulnerability to the euro zone
problems is “very limited,” the Congressional Research Service estimate is one
of the first public assessments provided by the U.S. government that quantifies
the potential risks.According to two different reports provided to federal
lawmakers last month, the debt problems of Greece, Ireland, Portugal, Italy,
and Spain constitute a ”serious risk” to the European banking system,
particularly German, French, and U.K. banks, which have close ties to U.S.
banks. Markets believe there’s a very high likelihood Greece will default in
the coming weeks. That could cause a cascade of other crises throughout
Europe…The estimate doesn’t include U.S. bank exposure to European bank
portfolios that include assets in the weak member countries. Also, it doesn’t
account for euro-zone assets held by money market, pension, and insurance
funds.[source]PG
View: Geither’s sense of reality seems to have been distorted by all
the absolutely huge numbers bandied about in recent years. Does he really view
$640 bln is “very limited?” The Congressional Research Service goes on to say
that, “depending on the exposure of non-bank financial institutions and
exposure through secondary channels, U.S. exposure to Greece and other
euro-zone countries could be considerably higher.” What exactly does
“considerably higher” mean? Is it twice the $640 bln? More?
Fitch cuts Italy, Spain
ratings, outlook negative Oct 7th, 2011 News
(Reuters) source]
Is U.S. a Third-World Nation? Oct 7th,
2011 News (The Wall Street Journal) — [ YES! ]Author Michael Lewis
says the U.S. and many European nations suffered a moral failure that led to
economic collapse. PG View: Supposed first world countries —
including the US — hid risk, which was consequently mispriced, leading to
crisis.
World facing worst financial
crisis in history, Bank of England Governor says Oct 7th, 2011 News
(The Telegraph) — ..This is the most serious financial crisis
we’ve seen, at least since the 1930s, if not ever. We’re having to deal with very unusual circumstances,
but to act calmly to this and to do the right thing.” [source]
Banking Delusion Brings Crisis
to Europe’s Core Oct 7th, 2011 News
(Bloomberg-BusinessWeek) — Once upon a time, like this summer, Dexia SA, the French-Belgian
bank, was stable. By the measures global regulators deem important, its capital
ratio stood at 11.4 percent of risk-weighted assets, according to data compiled
by Bloomberg. That’s well above the 10 percent regulators plan to require of
the world’s largest banks under new international rules.What a difference a
summer makes. The Belgian and French governments now have a complicated mess on
their hands. Dexia, which had received a government bailout in 2008..[source]
‘Chinabot
is in full fail mode, after a sticksave attempt to save the currency following
the Italian downgrade by Fitch was monkeyhammered with the Spanish downgrade
which was not only two notches, but sent the country's rating to below that of
S&P and Moodys. Adding fuel to the fire is an errant comment from Merkel
who has said that Eurobonds are "absolutely the wrong way to go",
and lastly, a last minute notification from Fitch which goes for Trifecta by
saying that Portugal remains on outlook negative..
Market Snapshot: Dispersion
Rising As EU Financials UnderperformDurden on
10/07/2011 - 11:47 Precious Metals Price Action
..why are we still rallying? ..
Well,
a month end update only for those funds who still report their P&L to HSBC.
Others, such as Paulson, apparently deem it below them to post an update when
they are doing less than swell, shall we say. In other news, redemptions will
continue until morale improves.
From
the mind that brought you the Great Vega Short comes
the next masterpiece on liquidity, volatility, contagion and everything else.
"Volatility is change and the world is changing. The truth is that Greece
will default. The truth is that if our leaders continue to deny our problems
history tells us the US will eventually default. These shocking events will
hurt many people, markets will collapse, life savings will be lost, there will
be violence, upheaval, and massive political change ..
Several years ago Paolo Pellegrini, Kyle Bass,
Michael Burry and several other visionaries were well ahead of the conventional
wisdom groupthink curve by not only sensing that the housing market was
massively overvalued and riding on the crest of a huge leverage bubble .. the
world is fretting about Europe, Morgan Stanley, lack of decisive political
decision-making in a pseudo union of 17 different countries, lack of decisive
monetary intervention, a Chinese hard landing and everything else that makes
front pages these days, slowly our prediction is starting to come true. But you
won't hear about it anywhere else, because if the market understands that in
addition to a global solvency crisis, America has another Subprime contagion on
its hands actually being expressed in the markets as we type, and potentially costing banks, pension funds
and various asset managers billions in losses behind the scenes, that may well
be the last straw.
The
headline wholesale inventories number missed +0.6% expectations, rising only
0.4% (from 0.8% prior) with its lowest build since Nov 2010. Under the covers
though, non-durables were the most troublesome - unless of course the spin is
that a falling inventory implies future growth as inventories 'have' to be
rebuilt, right? Non-durables inventories dropped 0.6% - its biggest drop since
Sep 2009.
The
rally has been strong across many products, but once again has all the signs of
a short squeeze rally. ..
As
noted previously, one key fly in the ointment in an otherwise better than
expected jobs report (in which the participation rate also trended higher for a
welcome change) was the manufacturing jobs data, which declined by 13,000.
Perhaps at the end of the day this is the most important data point, since
while declining government jobs at the end of the day is a good thing, government
workers don't actually create anything of value for the economy. And as the
chart below demonstrates, the long term trend is certainly not our friend. The
second "fly", and the one that will certainly be used as a talking
point by politicians, was the average unemployment duration. At 40.5 weeks, it
just hit a new all time record.
As usual, Reuters is the first with a compilation of
Wall Street's gut reaction to the NFP data.
So much for the recession? September NFP prints at
103,000 on expectations of 60,000, with August revised to 57,000 from that
roulette busting double zero. The unemployment rate held at 9.1 percent, as
expected. From the report: "The increase in employment partially
reflected the return to payrolls of about 45,000 telecommunications workers who
had been on strike in August.. real unemployment, U6, printed up from
16.2% to 16.5%, the highest since December 2010.
The bank that was selling Dexia shares to its clients
all the way down (Goldman Cuts Dexia From Buy To
Neutral On Imminent Restructuring And Winddown) and which has the
uncanny ability to align its own trading desk with an event's
"outcome", at the expense of clients of course, has just done it again.
As of this morning it is actively selling Margin Stanley calls
to whoever is still left as a client. From a just released report: "Buy
calls for a likely relief rally on earnings; sell short-dated CDS as fear
falls." Now... just who are these clients buying calls from and selling
CDS to?’
6 Reasons a Global Recession is
Unavoidable Ron DeLegge, October 5,
2011, ‘Most economists and Wall Street types are reluctant to publicly
admit the global economy is in a recession. Their reams of conflicting
data are sending mixed messages. But an honest look at key events and the
behavior of financial markets solidifies the view that the global recession
we're probably already in, is unavoidable. Let's analyze some of the
reasons behind this.
1) The
Fed is out of tricks. When
it comes to manipulating financial markets in the name of economic security,
nobody matches the Federal Reserve's prowess. Over the past few years, the Fed
has engaged in financial gimmickry of such epic proportions that angry calls
for ending its existence have been voiced from sea to shining sea. The Fed's
Treasury purchases (POMO) and monetization of debt (quantitative easing), may
have delayed the reckoning day, but have these programs really solved America's
long-term problems? The Fed's latest shift from short-term to long-term debt
(Operation Twist) is tantamount to taking money from your right hand pocket and
putting it into your shirt pocket. The Fed is running out of time and out of
tricks. Ben Bernanke has finally admitted what the general public has known all
along; the job situation is a 'national crisis.'
2) Stock
market says we're already in a recession.The National Bureau of Economic Research (NBER) and
its leading economists still deny the U.S. economy is in a recession.
Apparently, their slide rulers haven't yet confirmed it, so they need a few
more quarters before issuing a press release. Meanwhile, the stock market,
which is a leading indicator of economic activity, is screaming 'recession.'
Large company stocks within the S&P 500 (NYSEArca: SPY - News) have fallen almost 18% since July. Bulls
argue this is still shy of the 20% threshold that confirms a bear market, but
even so, mid cap stocks (NYSEArca: MDY - News) and small caps (NYSEArca: IWM - News) have already entered bear territory.
Today's stock prices reflect expectations about future earnings, which in turn
are connected to the future state of the economy. Expectations are rightfully
low.
3) Greece
has set the tone for Europe (and maybe the rest of the world).How many financial targets will Greece continue to
miss before forecasters stop regurgitating its false numbers? When will Greece
stop embarrassing itself with financial projections it knows aren't true?
Greece's 2011 deficit was projected to be 8.5% of its GDP but came in almost
1.69 billion above its original targets. Next year, Greece is aiming for a
deficit that's 6.8% of GDP. With the country engulfed in civil protests, job
strikes and general chaos - how realistic are its 2012 projections? Financial
bets for Greece to succeed are a long-shot. The country's economic projections
are no longer based upon realistic assumptions, but hopes for garnering more
bailout money and calming hostile markets. Ultimately, Greece is merely a
reflection of the entire EU region - a place where financial aspirations don't
match reality.
4) Bear
funds are leading performers.The
two-year period from March 2009 to March 2011 was a difficult existence for
bear market funds. After bottoming at decade lows, the stock market skyrocketed
and bear funds got clobbered. But not anymore. Bear funds are investments
that, by design, increase in value when the underlying benchmarks they track
decline. Now with the stock market swooning, bear funds are posting huge gains.
Over the past three months, Direxion's 3x daily leveraged bear ETFs for large
cap stocks (NYSEArca: BGZ - News) is ahead by 42.97%, mid cap stocks
(NYSEArca: MWN - News) is up 58.30% and small caps (NYSEArca: TZA - News) is up by 49.76%. Reversing this ominous
trend, especially when key technical levels have been pierced, won't be easy.
5) Major
asset classes are in correlation.During a bear market, the correlation between asset classes typically
jumps and this is exactly the case right now. Over the past few months,
commodities (NYSEArca: GCC - News), global real estate stocks (NYSEArca: RWO - News), precious metals (NYSEArca: GLTR - News), international stocks (NYSEArca: EFA - News), and U.S. stocks (NYSEArca: SCHB - News) have all moved in the same general
direction by recording sizable losses. Even gold (NYSEArca: IAU - News) and silver (NYSEArca: SLV - News), which previously escaped the wrath of
losses, have joined the party. And only cash and bonds (NYSEArca: AGG - News) are bucking the correlation trend.
6) Pace
of sovereign downgrades is accelerating.We don't advocate putting implicit faith in credit
ratings, because history has taught us they are nothing more than financial
opinions and frequently, not very accurate ones. Still, a gander at the latest
downgrading trend is troublesome. Intuitive observers will note, this is not an
isolated phenomenon, but a global trend. Sovereign debt from Greece and
Portugal, after several downgrades, is now rated junk. Ireland has been
downgraded and Italy was just downgraded by Moody's to A2 with a
negative outlook. Japan, along with U.S. debt was lowered in August and
another wave of more downgrades is coming, so get used to it.
Conclusion
Investing in
an economically stifled climate requires patience, diligence, and
forethought. Following the herd mentality guarantees nothing more
than mediocrity and making kneejerk financial decisions is an excellent
way to lose money. ETFguide's Profit Strategy
ETF Newsletter continues to advocate a fiercely independent view of
world events, financial markets, and the proper allocation of
money. Ultimately, having an investment strategy that can perform during
any kind of market is a good start. ‘
Consumer Spending Slumps In
September, Index Showsat Forbes
U.S. stocks' massive
"melt-up" fans investor fears Reuters October 5, 2011, By Edward Krudy NEW YORK (Reuters) - In
less than one hour on Tuesday, the U.S. stock market surged by 4 percent -- for
no apparent reason.The last hour of trading was the most volatile final hour in
two months -- and it occurred at a speed that frightens many, from experienced
hedge-fund managers to mom-and-pop investors.The late-day "melt-up"
that pushed the S&P 500 index (^SPX - News) out of bear-market territory might be
construed as good news. But it brings back echoes of the "flash
crash" that saw markets dive by several hundred points in a matter of
minutes, and it's a big reason many are staying away from the market."Everyone
is scared in both ways -- the shorts are scared, the longs are scared, everyone
is scared. The high-net-worth investor is very, very scared," said Stephen
Solaka, managing partner at Belmont Capital Group in Los Angeles, which manages
money for independent wealth advisers and family offices.Tuesday's move was the
latest example of an erratic, high-octane stock market increasingly driven by
levered exchange traded funds and complicated hedging and options strategies
that unwind with dizzying speed.It's a far cry from when the U.S. stock market
was viewed as a place for capital-raising by businesses seeking to expand and a
place for investors looking to put their savings to work."It tends to
result in some market participants feeling like the market is uninvestable. It's
not good for mutual funds or hedge funds," said Michael Marrale, head of
sales trading at RBC Capital Markets in New York.The ostensible reason for
Tuesday's move was an article published late in the day on the Financial Times
website quoting the EU's commissioner for economic affairs, Olli Rehn, saying a
plan was being worked out to recapitalize the region's troubled banking
sector.But Reuters reported similar comments earlier in the day, and Rehn's
comments struck some people as covering old ground. Ken Polcari, a veteran of
the NYSE floor at ICAP Equities, found the reasoning insufficient."There
is no clarity -- 'no formal decision' -- just more speculation, more rumors,
and more innuendo," he said of the FT article.
WHAT WENT DOWN
Traders,
analysts and investors interviewed by Reuters cited a number of factors, many
of them technical, and linked to big positions around the 1100 level on the
S&P 500…
BLAST-OFF AT
1,100
The S&P
climbed steadily between 3 p.m. and 3:30 p.m., but once it broke through 1,100,
the gains accelerated, as the average rose 1 percent in the span between 3:39
p.m. and 3:45 p.m.
For Joe
Donohue, money manager at Dimension Trading in Red Bank, New Jersey, the speed
of the reversal was a classic sign of automated algorithmic trading.
"I didn't
know the move was for real until about 3:40 to 3:45, when my machine just lit
up green like a Christmas tree," he said. "That's when you know
there's algo buying dictating the market. It certainly wasn't individual
buyers."
Donohue's
response was to close out short positions and buy a triple-leveraged long
exchange traded fund that magnifies the performance of the Russell 2000
(Chicago Options:^RUT - News) three times.
The Direxion
Daily Small Cap Bull 3X Shares (Pacific:TNA - News), which had its busiest day of trading in
history on Tuesday, rocketed nearly 20 percent into the close. That ETF, along
with the Proshares Ultrashort S&P 500 ETF (Pacific:SDS - News), another leveraged ETF, are now often among
the top 25 traded issues on U.S. exchanges.
"Program
trading and algorithmic trading was the cause," said Donohue. "We're
seeing moves in a half hour that used to take weeks. Obviously we were very
oversold technically before, and essentially we had a 'melt-up' that was helped
by the algo trading that just went off buying."…’
Moody’s Cuts Italy’s Credit RatingWall
St. Cheat Sheet
Who Will Recapitalize the
Recapitalizers? [ Gutenberg of course! Well, just indirectly,
historically speaking; the printing press, that is. The ‘recapitalizer’, brought back to life in the pervasively corrupt,
defacto bankrupt america; bringing home once more that historic ‘Weimar dollar’, ubiquitously now worldwide. Sounds like a plan!
Straight from planning / design room for the u.s.s. Titanic! ] The Wall Street
Journal Paul Vigna “Recapitalizing” European banks (the preferred
euphemism for bailout, apparently) in order to stabilize them in the face
of “haircuts” on sovereign debt (the preferred euphemism for
losses, obviously) through a facility like the EFSF risks a spiral that
will make the bailouts more difficult to fund.Capital Economics economist
John Higgins writes today that the bank recapitalization plan that has the
market so excited is “unlikely to draw a line under the
crisis.”A recapitalization would allow
banks to withstand a bigger haircut on Greek debt. The trouble is that once
Greece gets a bigger haircut, other sovereign borrowers will want one, too.
That could get expensive in a hurry.The EFSF bailout fund could fill help
weaker countries carry some of that burden, but that will get increasingly
problematic.“The more the EFSF’s funds are used to recapitalize banks, the less
it will have to provide official financing, or to intervene in the debt
markets,” Mr. Higgins writes. “And the more the EFSF is expected to deploy
its firepower in whatever capacity, the more investors will believe it
will have to be leveraged, with the result that its own cost of borrowing
could keep on rising.”
David Stockman: Blame The Fed!
Sep 30th, 2011 News (ChrisMartenson.com) — ‘David Stockman, former US
Representative and Director of the Office of Management and Budget under
Reagan, does not mince words. He sees the monetary systems of the world coming
apart.How did we get here? He identifies the root cause as the intentional
over-leveraging of world economies by central planners in a misguided effort to
enjoy growth without consequence…’
Gov't report: Fannie knew of
'robo-signing' in '03 - AP
After a Bad Q3, Markets Not Likely to
Recover in Q4 Daryl Montgomery, October 3,
2011, ‘The third quarter of 2011 had the biggest drop and most
volatility for stocks since 2009. The fourth quarter may not be much better
since the cause of the problem is a new credit crisis and an emerging global
recession. Both will continue to be a drag on the market.
Train Reading: That Explains
Everythingat The Wall Street Journal
China’s worsening credit crunch
—
Pragmatic Capitalism
The Occupy
Wall Street protesters are winning — Josh
Brown
The gap
between economic data and sentiment — Abnormal
Returns
Recession, restructuring
and the ring fence — John
Hussman
WARNING: Corporate-Fascist
Military Coup Brewing in the United States? Tony Cartalucci
| Beware of pretenders supplied by the establishment to “save us” from
collapsing system.
Prophets Of Doom: 12 Shocking
Quotes From Insiders The Economic Collapse
Oct 1, 2011 ‘We
are getting so close to a financial collapse in Europe that you can almost hear
the debt bubbles popping. All across the western world, governments and
major banks are rapidly becoming insolvent. So far, the powers that be
are keeping all of the balls in the air by throwing around lots of bailout
money. But now the political will for more bailouts is drying up and the
number of troubled entities seems to grow by the day. Right now the
western world is facing a debt crisis that is absolutely unprecedented in world
history. Europe has had a tremendously difficult time just trying to keep
Greece afloat, and several much larger European countries are now on the verge
of a major financial crisis. In addition, there is a growing number of
very large financial institutions all over the western world that are also
rapidly approaching a day of reckoning. The global financial system is a
sea or red ink, and when we get to the point where there are hundreds of ships
going under how is it going to be possible to bail all of them out? The
quotes that you are about to read show that quite a few top financial and
political insiders know that things cannot hold together much longer and that a
horrific economic crisis is coming. We built the global financial system
on a foundation of debt, leverage and risk and now this house of cards that we
have created is about to come tumbling down.
A lot of
people in politics and in the financial world know what is about to
happen. Once in a while they will even be quite candid about it with the
media.
As I have
written about previously, Europe is on the verge of a financial collapse. If things go really badly, things
could totally fall apart in a few weeks. But more likely it will be a few
more months until the juggling act ends.
Right now, the
banking system in Europe is coming apart at the seams. Because the global
financial system is so interconnected today, when major European banks start to
fail it is going to have a cascading effect across the United States and Asia
as well.
The financial
crisis of 2008 plunged us into the deepest recession since the Great
Depression.
The next
financial crisis could potentially hit the world even harder.
The following
are 12 shocking quotes from insiders that are warning about the horrific
economic crisis that is almost here….
#1 George Soros: “Financial markets are
driving the world towards another Great Depression with incalculable political
consequences. The authorities, particularly in Europe, have lost control of the
situation.”
#2 PIMCO CEO Mohammed El-Erian: “These are all signs of an
institutional run on French banks. If it persists, the banks would have no
choice but to delever their balance sheets in a very drastic and disorderly
fashion. Retail depositors would get edgy and be tempted to follow trading and
institutional clients through the exit doors. Europe would thus be thrown into
a full-blown banking crisis that aggravates the sovereign debt trap, renders
certain another economic recession, and significantly worsens the outlook for
the global economy.”
#3 Attila Szalay-Berzeviczy, global head of
securities services at UniCredit SpA (Italy’s largest bank): “The only remaining
question is how many days the hopeless rearguard action of European governments
and the European Central Bank can keep up Greece’s spirits.”
#4 Stefan Homburg, the head of Germany’s Institute for Public
Finance: “The
euro is nearing its ugly end. A collapse of monetary union now appears
unavoidable.”
#5 EU Parliament Member Nigel Farage: “I think the worst in the
financial system is yet to come, a possible cataclysm and if that happens the
gold price could go (higher) to a number that we simply cannot, at this moment,
even imagine.”
#6 Carl Weinberg, the chief economist at High
Frequency Economics: “At this point, our base case is that Greece will
default within weeks.”
#7 Goldman Sachs strategist Alan
Brazil: “Solving a debt problem with more debt has not solved
the underlying problem. In the US, Treasury debt growth financed the US
consumer but has not had enough of an impact on job growth. Can the US continue
to depreciate the world’s base currency?”
#8 International Labour Organization director
general Juan Somavia recently stated that total
unemployment could “increase by some 20m to a total of 40m in G20
countries”
by the end of 2012.
#9 Deutsche Bank CEO Josef
Ackerman: “It is an open secret that numerous European banks
would not survive having to revalue sovereign debt held on the banking book at
market levels.”
#10 Alastair Newton, a strategist
for Nomura Securities in London: “We believe that we are
just about to enter a critical period for the eurozone and that the threat of
some sort of break-up between now and year-end is greater than it has been at
any time since the start of the crisis”
#11 Ann
Barnhardt, head of Barnhardt Capital Management, Inc.: “It’s over. There is no
coming back from this. The only thing that can happen is a total and complete
collapse of EVERYTHING we now know, and humanity starts from scratch. And if
you think that this collapse is going to play out without one hell of a big hot
war, you are sadly, sadly mistaken.”
#12 Lakshman Achuthan of ECRI: “When I call a recession…that means that process
is starting to feed on itself, which means that you can yell and scream and you
can write a big check, but it’s not going to stop.”
*****
In my opinion,
the epicenter of the “next wave” of the financial collapse is going to be in
Europe. But that does not mean that the United States is going to be
okay. The reality is that the United States never recovered from the last
recession and there are already a lot of signs that we are
getting ready to enter another major recession. A major financial
collapse in Europe would just accelerate our plunge into a new economic crisis.
If you want to
read something that will really freak you out, you should check out what Dr.
Philippa Malmgren is saying. Dr. Philippa Malmgren is the President and
founder of Principalis Asset Management. She is also a former member of
the Bush economic team. You can find her bio right here.
Malmgren is
claiming that Germany is seriously considering bringing back the
Deutschmark. In fact, she claims that Germany is very busy printing new
currency up. In a list of things that we could see happen over
the next few months, she included the following….
“The Germans
announce they are re-introducing the Deutschmark. They have already ordered the
new currency and asked that the printers hurry up.”
This is quite a claim for someone to be making.
You would think that someone that used to work in the White House would not
make such a claim unless it was based on something solid.
If Germany did decide to leave the euro, you would
see an implosion of the euro that would be truly historic.
But as I have written about previously, it should not
surprise anyone that theend
of the euro is being talked about because the euro simply does not
work.
The only way that the euro would have had a chance of
working is if all of the governments using the euro would have kept debt levels
very low.
Unfortunately, the financial systems of the western
world are designed to push governments into high levels of debt.
The truth is that the euro was doomed from the very
beginning.
Now we are approaching a day of reckoning. We
have been living in the greatest debt bubble in the history of the world, but
the bubble is ending. There are several ways that the powers that be
could handle this, but all of them will lead to greater financial instability.
In the end, we will see that the debt-fueled
prosperity that the western world has been enjoying for decades was just an
illusion.
Debt is a very cruel master. It will almost
always bring more pain and suffering than you anticipated.
It is easy to get into debt, but it can be very
difficult to get out of debt.
There is no way that the western world can unwind
this debt spiral easily.
The only way that another massive economic crisis can
be put off for even a little while would be for the powers that be to “kick the can down the
road”
a little farther by creating even more debt.
But in the end, you can never solve a debt problem
with more debt.
The next several years are going to be an incredibly
clear illustration of why debt is bad.
When the dominoes start to fall, we are going to
witness a financial avalanche which is going to destroy the finances of
millions of people.
You might want to try to get out of the way while you
still can.’
The IMF
expects the U.S. economy to grow just 1.5 percent this year and 1.8 percent in
2012. That's down from its June forecast of 2.5 percent in 2011 and 2.7 percent
next year.
To achieve
even that still-low level of growth, the U.S. economy would need to expand at a
much faster rate in the second half of the year than its 0.7 percent annual
pace in the first six months.
Most
economists expect growth of between 1.5 percent and 2 percent in the final two
quarters. Though an improvement, it wouldn't be enough to lower the
unemployment rate. The rate has been 9 percent or higher in all but two months
since the recession officially ended more than two years ago.
"The
global economy has entered a dangerous new phase," said Olivier Blanchard,
the IMF's chief economist. "The recovery has weakened considerably. Strong
policies are needed to improve the outlook and reduce the risks."
The IMF has
also lowered its outlook for the 17 countries that use the euro. It predicts
1.6 percent growth this year and 1.1 percent next year, down from its June
projections of 2 percent and 1.7 percent, respectively.
The gloomier
forecast for Europe is based on worries that euro nations won't be able to
contain their debt crisis and keep it from destabilizing the region.
"Markets
have clearly become more skeptical about the ability of many countries to
stabilize their public debt," Blanchard said. "Fear of the unknown is
high."
Overall, the
IMF predicts global growth of 4 percent for both years. Stronger growth in
China, India, Brazil and other developing countries should offset weaker output
in the United States and Europe.
Financial
turmoil and slow growth are feeding on each other in both the United States and
Europe, IMF officials say. Europe's debt crisis is causing banks to reduce
lending and hold onto cash. Sharp stock market drops in the United States over
the summer have hurt consumer and business confidence and will likely reduce
spending. That slows growth, which leads many investors to shift money out of
stocks and into safer investments, such as Treasury bonds.
In Europe,
slower growth will make it harder for stressed nations to get their debt under
control.
U.S. and
European policymakers must act more decisively to cut budget deficits, the IMF said.
European banks
need to boost their capital buffers more quickly and beyond new minimum levels
set to come into force in 2019, the IMF said.
European banks
have seen their stocks slide sharply this summer on fears that their exposure
to the government debt of shaky countries like Greece could result in big
losses.
Having extra
capital would bolster confidence in the banking sector and shield Europe's
economy from the impact of jitters in financial markets.
The U.S.
economy faces longer-lasting problems that go beyond high gas prices and
disruptions caused by the Japan crisis, the IMF said.
Employers are
adding few jobs and giving out meager pay raises. Many homeowners owe more on
their mortgages than their homes are worth. Banks are keeping credit tight.
All those
trends are holding back consumer spending. Unemployment is likely to average 9
percent next year, the IMF's report said, echoing a recent estimate by the
Obama administration.
President
Barack Obama's proposal to cut taxes and spend more on infrastructure should
provide much-needed short-term stimulus, the IMF said. But it needs to be
paired with a longer-term plan to reduce the deficit over, the report said. The
timing of the budget cuts is key, Blanchard said.
Budget cuts
"cannot be too fast or it will kill growth," Blanchard said in a
statement. "It cannot be too slow or it will kill credibility."
President
Obama on Monday proposed more than $3 trillion of tax increases and spending
cuts over 10 years. His proposal will be considered by a congressional panel
charged with finding $1.5 trillion in deficit reduction this year.
Both Obama's
jobs proposal and the tax increases face stiff opposition from Republicans.
They oppose any tax increases and have strongly criticized the president's
plans.
The 187-member
nation fund conducts economic analysis and lends money to countries in
financial distress. It will hold its annual meetings with the World Bank later
this week in Washington.
Associated
Press Writer Gabriele Steinhauser contributed to this report from Brussels.’
Low Interest Rates:
Perma-Expectations No More at Minyanville
Wall St. Cheat Sheet: Italy
Gets Axed, Netflix in Free Fall, Housing Starts Drop
Wall St Cheat Sheet September
20, 2011, ‘The
Dow Jones Industrial Average and U.S. stocks are in the green after Wall
Street suddenly got more confident Greece will get aid and Ben Bernanke will be
forced to add more welfare, I mean stimulus, to the economy.Standard &
Poor’s cut Italy’s credit rating late
Monday by one level to A from A+, citing weak economic growth and criticizing
Rome’s response to the debt crisis. Italian Prime Minister Silvio Berlusconi
responded, saying that the move was influenced by “political considerations”
and media stories rather than economic reality. While more building
permits in the U.S. were authorized in August than in July, housing starts and completions
both declined last month.
A Fed IOER Cut Could Backfire
on Banks, Warns Pimco at The Wall Street Journal
Low Interest Rates:
Perma-Expectations No More at Minyanville Howard Simons
Sep 20, 2011 ‘Regarding interest rates, one major difference between the US and
Japan is that their perma-expectations started to disappear in a rising
short-term rate environment; US rates have yet to rise. All of the recent news
surrounding Steve Jobs’ departure from Apple prompted me to remark, “He has a
strange opportunity to read his own obituary.” For the most part, he would have
to be pleased at all of the genuine praise heaped on him.
This prompted me to wonder about what I would want on my tombstone other than,
“He should’ve known better.” One candidate could be, “He used the word
‘swaption’ on a popular website and got away with it.” I did; most recently in
a discussion of the Federal Reserve’s credibility to keep on doing the
incredible, keeping interest rates near zero through
2013 (see Is
FOMC's Pledge to Keep Short-Term Interest Rates Low Until 2013 Believable?).
Forward Rates When the Future Is Now
Can the swaption conclusion be confirmed by another indicator? Yes; let’s
return to a thread last updated in December 2010 (see Is This
the End of the Money-Printing Era?) on the relationship between the
forward rates between six and nine months and the actual three-month rate as it
arrives six months later. If the gap between expectation and reality is high,
it means the market has been fooled again in its expectations that low
short-term interest rates must be headed in one direction, higher. The opposite
has been observed in practice, too; markets can incorrectly price in
expectations for low short-term rates and get whacked upside the head by
reality.
Where are we today? The expectations gap, marked with roseate columns, is
shrinking, although it is still at levels unprecedented until the adoption of
zero interest rate policies (ZIRP) in
December 2008. This is the same thing as saying forward rates are in the
process of declining to levels that will be matched by actual three-month rates
six months from now. If you are keeping track of these months by counting on
your fingers, we see you.
http://image.minyanville.com/assets/FCK_Jan2011/Image/JimE/Simongraph1.jpg
The chart above uses weekly data. Let’s go down to daily data
for the period following the end of QE1. Two dates are marked, one when the
debt ceiling debate in July was taking the ominous course toward default and
one just after the August FOMC meeting. Both developments put the market on
course toward accepting that low rates were going to be here for awhile; the
intractable federal debt can be serviced only at low levels without doing
something really, really stupid like cutting out-of-control spending.
http://image.minyanville.com/assets/FCK_Jan2011/Image/JimE/Simongraph2.jpg
Where To Now?
Japan has had a much longer experience with these low rates and one attempt,
between November 2005 and July 2006, to start moving away from them. One major
difference between the U.S. and Japan here is that their perma-expectations
started to disappear in a rising short-term rate environment; our rates have
yet to rise. Still, the Japanese attempt failed as the hint of higher interest
rates caused yen carry trades to start unwinding around
the world. Once low interest rates become embedded in an economy, they are very
hard to increase without stress.
Despite the failures of QE1 and QE2 and the impending failure of whatever they
announce next, the Federal Reserve has convinced itself they are doing
something right. How would “They never learned from their mistakes” look on
their tombstone?’
Is This
the End of the Money-Printing Era?
Howard Simons Dec 01, 2010 ‘If monetary stimulus ends and we start
recognizing losses rather than trying to roll them forward, we can lay the
foundation for a new era of prosperity. [Note the date and hence Simons’
wisdom! Yet, the postponement / delay has substantially impaired that
‘prosperity part’ going forward.]
‘Of all the negative human emotions, the feeling you
have been had is one of the worst. We all have heard the adage, “Fool me once, shame on
you; fool me twice, shame on me,” and if I had a nickel for every time I have heard “Won’t Get Fooled Again,” both former President Bush and
I would have a lot of nickels.
Well, it is red-face time: Even though the Federal Reserve has been on a
mission-from-wad since August 17, 2007, the date when they executed a premarket
rate cut in the target federal funds rate, to 6.00%, and even though they had
already executed QE1 and were three months away from hinting at QE2, they
managed to drive short-term interest rates unexpectedly low by
the end of July. This is after I wrote, Short-Term
Interest Rates No Longer Unexpectedly Low in May.
Let’s
update that piece in light of what I have to admit was, in technical terms, a
pretty good stunt on their part. First, a review: If we take the forward rate
of LIBOR between six and nine months (FR6,9); that is, the rate at
which we can lock in borrowing for three months starting six months from now,
we have the market’s hedgeable measure of where rates will be. I cannot
emphasize strongly enough that this is not an interest rate forecast, but a rate
at which two parties can do business and presumably both make a profit given
this locked-in rate. This can be compared to what the actual three-month rate
was six months later.
That “expectations
gap”
is depicted in the roseate columns below. The December 2008 and March 2009
dates when the US first went to zero interest rates and quantitative easing,
respectively, are marked with orange and violet vertical lines; both the July
30 and the last datum are highlighted with bright-red columns.
http://image.minyanville.com/assets/FCK_May2009/Image/LisaCatch%20September2010/plainsight.jpg
The chart above is done at a weekly frequency and is long-term to demonstrate
how unusual the last two years have been in the ability of three-month rates to
trade well below the market’s expectations from six
months ago. Let’s shorten the time frame and move to a daily
frequency.
http://image.minyanville.com/assets/FCK_May2009/Image/LisaCatch%20September2010/plainsight2.jpg
Two points are marked in black on this chart, one in mid-July when I identified
the market’s demand for lower
short-term interest rates and the August 27, 2010 date of Ben Bernanke’s Jackson Hole speech
promising new asset highs if he could drive money
to new lows.
The market took the bait, as we all know, and rallied strongly into the actual
announcement of QE2 whereupon a large number of FOMC officials and foreign
poo-bahs started wandering around like the somnambulant Lady Macbeth or Alec
Guinness’
Colonel Nicholson in The Bridge on the River Kwai wondering, “What have I done?”
You counterfeited the US dollar to a fare-thee-well, that’s what you have done.
Didn’t
you think about this beforehand?
We have seen twice in the past two years how mainlining some high-grade
monetary heroin can lead to higher returns for risky assets; this should be
about as surprising as learning nitroglycerin can be noisy when handled
improperly. Now that we are into QE2 and our friends in the European Monetary
Union are about to reprise their May stunt of backstopping Greece by
backstopping Ireland -- it will take them a long time to form a circle, sing kumbaya
in their various languages and have each of the 16 members of the euro rescued
in turn -- we have to wonder if we are at last at the end of the line for
monetary stimulus. Methinks we are.
The implications are not as dire as they may sound. If the end of the
printing-press era means we do what we should have started doing in 2007 --
recognizing losses rather than trying to roll them forward -- we can lay the
foundation for a new era of prosperity. It would be the right thing to do.’
IMF Cuts Global Growth
Outlook, Warns About U.S. Deficits, Euro Banks at Forbes ‘The International Monetary Fund dialed back its
outlook for the global economy Tuesday, and now projects worldwide growth
of 4% in 2011 and 2012, down from 5% in 2010.
Some slowdown
was anticipated, but the IMF expected it to come from an unwind of the
unprecedented stimulus efforts launched to counteract the financial crisis over
the last three years. Instead, “a barrage of economic shocks in 2011 combined with
other factors for a worse than anticipated outcome.”
Chief
economist Olivier Blanchard warned that “strong policies are urgently needed to improve the
outlook and to reduce the risks,” and the IMF said the economy is in “a dangerous new phase” marked by weaker
activity and a sharp decline in confidence.
Gallery: The IMF’s 2012 Growth Forecast
Tuesday’s report comes as the
Federal Reserve begins a two-day meeting at which Chairman Ben Bernanke is
likely to meet resistance if he pushes for further intervention along the lines
of additional Treasury purchases, following an August meeting that saw three
dissents from the central bank’s decision to target a 0% benchmark interest rate
until mid-2013.
Meanwhile,
European leaders are still trying to find a solution that will keep Greece from
defaulting and keeping the debt crisis outside of core Europe. (See “Europe Needs A TARP.”)
One could be
forgiven if it seems like pundits and policymakers are talking out of both
sides of their mouth, urging further aid for scuffling economies while at the
same time preaching that countries need to get religion on long-term debts.
Gallery: The IMF’s 2012 Growth Forecast
The IMF
offered its view on the forceful actions that policymakers in developed
economies should undertake:
• In the euro
area, banks must be made stronger, not only to avoid deleveraging
and maintain growth, but also, and more importantly, to reduce risks of vicious
feedback loops between low growth, weak sovereigns, and weak banks. This
requires additional capital buffers, from either private or public sources.
• The top priorities in
the United States include devising a medium-term fiscal
consolidation plan to put public debt on a sustainable path and to implement
policies to sustain the recovery, including by easing the adjustment in the
housing and labor markets. The new American Jobs Act would provide needed
short-term support to the economy, but it must be flanked with a strong
medium-term fiscal plan that raises revenues and contains the growth of
entitlement spending.
• In Japan,
the government should pursue more ambitious measures to deal with the very high
level of public debt while attending to the immediate need for reconstruction
and development in the areas hit by the earthquake and tsunami.
The updated forecast anticipates U.S. growth of just
1.5% in 2011 and 1.8% in 2012, with euro area growth of 1.6% this year falling
to 1.1% next year. Emerging and developing economies will also grow slower than
previously anticipated, but remain the workhorses of global growth, the IMF
anticipates. China is expected to grow at a better than 9% clip this year and
next, while Brazil is expected to maintain annual growth better than 3.5%.
Gold shot higher on the IMF’s sober growth outlook, adding $24.50 to $1,803.40 an
ounce. U.S. stocks righted themselves after a choppy start, buy fell from their
best levels of the day in the final hour of trade with the Dow Jones industrial
average up 57 points to 11,458 and the S&P 500 2 points higher at 1,206.
The Nasdaq slipped into the red, down 16 points, to 2,597.
Gallery: The IMF’s 2012 Growth Forecast
Financial stocks, a major drag on the market
seemingly every time there is a negative headline out of Europe, sank as the
broader market pulled back. Bank of
America, JPMorgan
Chase and Morgan
Stanley surrendered earlier gains, while Wells
Fargo and American
Express held onto gains better than 1.75%.
http://blogs-images.forbes.com/steveschaefer/files/2011/09/IMF-Growth-Outlook.jpg ‘
Morning Snapshot Sep 20th, 2011 08:32 by News (USAGOLD) — ‘..The IMF slashed both
global and US growth expectations this morning: The IMF now believes the global
economy will grow just 4% this year and next, a negative revision from their
June estimates of 4.3% for 2011 and 4.5% next year. IMF cut its US growth
forecasts to 1.5% for this year, versus 2.5% previously and 1.8% for 2012,
versus 2.7% previously. The IMF’s confirmation of growth risks intensifies
expectations that the Fed will be forced to offer additional accommodations
when the 2-day FOMC meeting concludes tomorrow.
• US housing starts -5.0% to 571k pace in Aug, well
below market expectations of 593k, vs negative revised 601k in Jul.
•
Canada leading indicator flat in Aug, above market expectations of -0.1%, vs
+0.1% in Jul.
•
Canada wholesale trade +0.8% in Jul, just above expectations, vs flat in Jun.
•
Switzerland trade balance CHF0.8 bln in Aug, vs 2.825 bln in Jul.
•
Sweden GDP –
Final (sa) revised down to 0.9% in Q2, just below market expectations, vs 1.0%
previously.
•
Italy industrial orders (sa) +1.8% m/m in Jul, vs 4.1% in Jun; 6.5% y/y.
•
Germany PPI -0.3% m/m in Aug, below market expectations of 0.2%, vs 0.7% in
Jul; 5.5% y/y.
•
Germany ZEW economic sentiment falls to -43.3 in Sep, below market
expectations, vs -37.6 in Jul; Current situation drops to 43.6 from 53.5.
•
Japan leading index (revised) 2.6 m/m in Jul, vs 2.7 previously.’
Eurozone debt crisis threatens
banks, rest of world: IMF Economic Times | The
eurozone’s debt mountain poses a threat to the world economy.
America’s debt woe is worse than
Greece’s Sep 21st, 2011 News (CNN) — Our government is utterly broke. There are signs
everywhere one looks. Social Security can no longer afford to send us our
annual benefit statements. The House can no longer afford its congressional
pages. The Pentagon can no longer afford the pension and health care benefits
of retired service members. NASA is no longer planning a manned mission to Mars.
We’re broke for a reason. We’ve spent six decades accumulating a huge official debt
(U.S. Treasury bills and bonds) and vastly larger unofficial debts to pay for
Social Security, Medicare, and Medicaid benefits to today’s and tomorrow’s 100 million-plus retirees. The
government’s total indebtedness — its fiscal gap — now stands at $211
trillion, by my arithmetic. [source]
$16 muffins, $8 coffee served in Justice audit
Holders of Sovereign Debt Sep 21st, 2011 News
by Global Macro Monitor (CreditWritedowns.com) — Here’s a great chart just
released by the International Monetary Fund. Note that almost half — 47 percent
– of the US$14.7 trillion U.S. federal government debt is held by the Federal
Reserve and the government itself, such as the Social Security trust fund. Add
to that the 22 percent foreign official holdings (mainly central banks) and
almost 70 percent of the debt of the U.S. government is held by non-market/non-profit
oriented investors. Stunning! [source]
http://www.albertpeia.com/holders-of-sovereign-debt.jpg
PG View: I would argue that “non-market/non-profit oriented
investors” own the vast majority of government debt, because the risk/reward
ratios have been so grossly distorted by government and central bank
interventions that real investors have no interest is such assets. And it sure
looks like official efforts to continue mispricing risk are going to continue.
U.S. Household Worth Declines
by $149 Billion Sep 16th, 2011 14:32 by News
(Bloomberg) —
‘
Household wealth in the U.S. dropped in the second quarter for the first time
in a year, hurt by falling share prices and declining home values.Net worth for
households and non-profit groups decreased by $149 billion, a 1 percent drop at
an annual pace, to $58.5 trillion, the Federal Reserve said today in its flow
of funds report from Washington. It rose at a 7.4 percent rate in the previous
three months. Housing wealth decreased for a fourth consecutive quarter from
April to June. [source]
US taxpayers could be on hook
for Europe bailout Sep 16th, 2011 13:01 by News
(MSNBC) —
The U.S. is coming to Europe’s financial rescue.So far, America’s role is fairly limited.
But if the crisis continues to grow and the U.S. takes on a wider role, U.S.
consumers and taxpayers could feel a bigger impact. The biggest exposure could
come from America’s status as the single largest source of money for
the International Monetary Fund.The latest round of American financial
assistance came Thursday with a promise by the Federal Reserve to swap as many
dollars for euros as European bankers need. In the short run, those
transactions won’t have much impact because the central banks are
simply swapping currencies of equal value. If the move helps avert a wider
crisis, it could help spare the global economy from another recession.But over
the long term, consumers could feel the impact of central bankers flooding the
financial system with cash, according to John Ryding, chief economist at RDQ
Economics.[source]
A Band-Aid for a cancer
patient Sep 16th, 2011 12:48 by News (papermoneycollapse.com)
—
This was another hectic week for financial markets, and nerves were calmed
somewhat over the past 24 hours with another liquidity injection from the
central banks – this time the provision of dollars from the U.S. Fed
channelled through a few other central banks, most importantly the ECB. This is
certainly not a solution but again the doctoring of symptoms. Pumping ever more
fiat money into the system to avoid – or rather postpone – a much needed
recalibration will not solve the underlying malaise. Four years into the crisis
the banks still need emergency funding. That is a damning indictment that
financial structures are far from sustainable.…A default of Greece now
appears very likely. This is a positive development. Positive as it points toward
shrinkage –
toward smaller debt, toward a smaller Greek state, toward an important lesson
for banks: Don’t think that lending to the state is without risk!…The biggest risk to the
euro is not a Greek default but the markets waking up to the bleak long-term
outlook for the solvency of the core, Germany and France.…Thus, we will get some
liquidation (Greek debt) but also some re-liquefying (big banks). It will not
be the end of the euro – but not the end of the financial crisis either.[source]
PG View: I concur with this assessment. The contingency plan
to protect the German banks is presumably in place. Liquidity lines have been
established. Payment of the next bailout tranche for Greece has been
forestalled until October. Seems like Greece is about to get pitched under the
bus…
Consumer Hope for Future Hits
Lowest Level Since 1980 Sep 16th, 2011 10:52 by News
(CNBC). [source]
China to ‘liquidate’ US
Treasuries, not dollars Sep 16th, 2011 10:21 by News
By Ambrose Evans-Pritchard (The Telegraph) — The debt markets have been
warned.A key rate setter-for China’s central bank let slip – or was it a slip?
– that Beijing aims to run down its portfolio of US debt as soon as
safely possible.“The incremental parts of our of our foreign reserve
holdings should be invested in physical assets,” said Li
Daokui at the World Economic Forum in the very rainy city of Dalian – former
Port Arthur from Russian colonial days.“We would like to buy stakes in Boeing,
Intel, and Apple, and maybe we should invest in these types of companies in a
proactive way.”“Once the US Treasury market stabilizes we can liquidate
more of our holdings of Treasuries,” he said.[source]
PG View: Out of US Treasuries and into more “physical assets.” Physical assets like
gold perhaps?
Europe Ministers Rule Out
Stimulus, Offer No Bank Aid Sep 16th, 2011 09:49 by News
(Bloomberg) —
..
PG View: Basically, another meeting with no substantive
moves to alter the course that Europe is on. There will be no fiscal stimulus.
We’re
going to defer any decision on Greece until next month, when the country will
be once again on the precipice of default.
The Fed’s shadow TARP News by Sen. Jim DeMint August 31 (Politico) — ‘In the
run-up to the financial crisis, the Federal Reserve fueled the housing bubble
with its easy money policy. Now, we know that after the crisis struck, the Fed
secretly propped up elite bankers all the way from Wall Street to Brussels to
the Central Bank of Libya.A Bloomberg news investigation found that while the
Treasury Department was pumping $700 billion into banks under the Troubled
Asset Relief Program, the Fed was covertly operating its own bailout program –
the biggest in American history. The Fed’s Shadow TARP issued $1.2 trillion in
loans to domestic and foreign banks from 2007 to 2010, far more than Congress
authorized Treasury to spend under TARP.…Congress eventually approved a partial
audit that showed the Fed extended an incredible $16 trillion – more than the entire U.S. economy – in aggregate
lending authority to foreign and domestic banks from the end of 2007 to the
middle of 2010…After the second round of quantitative easing was announced,
Chinese Vice Finance Minister Zhu Guangyao said America “does not recognize, as
a country that issues one of the world’s major reserve currencies, its
obligation to stabilize capital markets.”German Finance Minister Wolfgang
Schaeuble was more blunt, calling the Fed “clueless.” [source]’
Global Recession Likely,
Depression Possible: Economist
Aug 31st, 2011 by News (CNBC) — ‘Global recession in 2012 is “65 to 75 percent certain” and could deteriorate
into a lengthy depression, Roger Nightingale, economist and strategist at RDN
Associates, told CNBC.The peak rate of growth for the world’s economy occurred more
than 12 months ago and “it carries on going down,” Nightingale said. “We are probably going
into negative territory around spring of next year; it is not for certain, but
that is the most likely scenario. I would say the recession is 65 percent, 75 percent certain.”The
economist warned that should recession kick in, the global economy might be too weak to
generate any GDP growth for years, or even decades.’
Morning Snapshot News August 31 (USAGOLD) — ‘Gold is modestly lower this
morning, but still generally well bid amid rising expectations that the Fed is
preparing to ease once again. The St. Louis Fed’s Bullard was hinted in the
Japanese press that the Fed may indeed embark on QE3, depending on upcoming
data. Bullard added a caveat, saying that it should be confirmed that inflation
has eased first. These comments come on the heals of very dovish Fedspeak by
Chicago Fed’s Evans on Tuesday.
Today’s weaker that expected
ADP employment index may further temper expectations for Friday’s August nonfarm payrolls
report. Consensus is running around +93k, following the +117k print for Jul.
The unemployment rate is expected to remain unchanged at 9.1%.
• US ADP employment index rose 91k in Aug, below
market expectations of 100k, vs negative revised 109k in Jul.
•
Canada Q2 GDP -0.4%, below market expectations of +0.1%, vs +3.6% in Q1. GDP
+0.2% in Jun, vs -0.3% in May.
•
UK GfK consumer confidence fell to -31 in Aug, above market expectations of
-33, vs -30 in Jul.
•
Italy CPI –
EU Harmonized (prelim) rose to 2.2% y/y in Aug; +0.3% m/m.
•
Italy PPI rose to 4.7% y/y in Jul, vs 4.3% in Jun; +0.3% m/m.
•
German retail sales unch m/m in Jul, better than market expectations of -2.0%,
vs big downward revision to 4.5% in Jun; -1.6% y/y.
•
German unemployment rate unchanged at 7.0% (sa) in Aug, in-line with
expectations.
•
Eurozone unemployment rate unchanged in Jul at 10.0%, above market
expectations, vs upward revised 10.0% in Jun.
•
South Korea industrial production +3.8% y/y in Jul, vs 6.5% in Jun.
•
Japan industrial production (prelim) +0.6% m/m (sa) in Jul, well below market
expectations, vs 3.8% in Jun.
•
Japan Markit/JMMA PMI falls to 51.9 in Aug, vs 52.1 in Jul.
•
Japan construction orders +5.7% y/y in Jul, vs +6.0% in Jun.
Most of the
worst financial panics in history have happened in the fall. Just recall
what happened in 1929, 1987 and 2008. Well, September 2011 is about to
begin and there are all kinds of signs that the financial world is about to hit
the big red panic button. Wave after wave of bad economic news has come
out of the United States recently, and Europe is embroiled in an absolutely
unprecedented debt crisis. At this point there is a very real possibility
that the euro may not even survive. So what is causing all of this?
Well, over the last couple of decades a gigantic debt bubble has fueled a
tremendous amount of “fake prosperity” in the western world. But for a debt bubble to
keep going, the total amount of debt has to keep expanding at an ever
increasing pace. Unfortunately for the global economy, sources of credit
are starting to dry up. That is why you hear terms like “credit crisis” and “credit crunch” thrown around so much
these days. Without enough credit to feed the monster, the debt bubble is
going to burst. At this point, virtually the entire global economy runs
on credit, so when this debt bubble bursts things could get really, really
messy.
Nations and
financial institutions would never get into debt trouble if they could always
borrow as much money as they wanted at extremely low interest rates. But
what has happened is that lending sources are balking at continuing to lend
cheap money to nations and financial institutions that are already up to their
eyeballs in debt.
For example,
the yield on 2 year Greek bonds is now over 40 percent. Investors don’t trust the Greek
government and they are demanding a huge return in order to lend them more
money.
Throughout the
financial world right now there is a lot of fear. Lending conditions have
gotten very tight. Financial institutions are not eager to lend money to
each other or to anyone else. This “credit crunch” is going to slow down the economy. Just
remember what happened back in 2008. When easy credit stops flowing, the
dominoes can start falling very quickly.
Sadly, this is
a cycle that can feed into itself. When credit is tight, the economy
slows down and more businesses fail. That causes financial institutions
to want to tighten up things even more in order to avoid the “bad credit risks”. Less economic
activity means less tax revenue for governments. Less tax revenue means
larger budget deficits and increased borrowing by
governments. But when government debt gets really high that
can cause huge economic problems like we are witnessing in Greece right
now. The cycle of tighter credit and a slowing economy can go on and on
and on.
I spend a lot
of time talking about problems with the U.S. economy, but the truth is that the rest of the
world is dealing with massive problems as well right now. As bad as
things are in the U.S., the reality is that Europe looks like it may be “ground zero” for the next great
financial crisis.
At this point
the EU essentially has three choices. It can choose much deeper economic
integration (which would mean a huge loss of sovereignty), it can choose to
keep the status quo going for as long as possible by providing the PIIGS with
gigantic bailouts, or it can choose to end of the euro and return to individual
national currencies.
Any of those
choices would be very messy. At this point there is not much political
will for much deeper economic integration, so the last two alternatives appear
increasingly likely.
In any event,
global financial markets are paralyzed by fear right now. Nobody knows
what is going to happen next, but many now fear that whatever does come next
will not be good.
The following
are 25 signs that the financial world is about to hit the big red panic button….
#1 According to a new study just released by Merrill
Lynch, the U.S. economy has an 80% chance of going into another recession.
#2 Will Bank of America be the next Lehman
Brothers? Shares of Bank of America have fallen more than 40% over the past couple of
months. Even though Warren Buffet recently stepped in with 5 billion
dollars, the reality is that the problems for Bank of America are far from
over. In fact, one analyst is projecting that Bank of America is going to
need to raise 40 or 50 billion dollars in new capital.
#3 European bank stocks have gotten absolutely hammered in recent weeks.
#4 So far, major international banks have announced
layoffs of more than 60,000 workers, and more layoff
announcements are expected this fall. A recent article in the New York Times detailed some of the
carnage….
A new wave of
layoffs is emblematic of this shift as nearly every major bank undertakes a
cost-cutting initiative, some with names like Project Compass. UBS has
announced 3,500 layoffs, 5 percent of its staff, and Citigroup is quietly
cutting dozens of traders. Bank of America could cut as many as 10,000 jobs, or
3.5 percent of its work force. ABN Amro, Barclays, Bank of New York Mellon,
Credit Suisse, Goldman Sachs, HSBC, Lloyds, State Street and Wells Fargo have
in recent months all announced plans to cut jobs — tens of
thousands all told.
#5
Credit markets are really drying up. Do you remember what happened in
2008 when that happened? Many are now warning that we are getting very
close to a repeat of that.
#6
The Conference Board has announced that the U.S. Consumer Confidence Index fell
from 59.2 in July to 44.5 in August. That is the lowest
reading that we have seen since the last recession ended.
#7
The University of Michigan Consumer Sentiment Index has fallen by almost 20 points over the last three
months. This index is now the lowest it has beenin 30 years.
#8
The Philadelphia Fed’s latest survey of regional manufacturing
activity was absolutely nightmarish….
The survey’s broadest
measure of manufacturing conditions, the diffusion index of current activity,
decreased from a slightly positive reading of 3.2 in July to -30.7 in August.
The index is now at its lowest level since March 2009
#9
According to Bloomberg, since World War II
almost every time that the year over year change in real GDP has fallen below
2% the U.S. economy has fallen into a recession….
Since 1948, every time the four-quarter change has
fallen below 2 percent, the economy has entered a recession. It’s hard to argue
against an indicator with such a long history of accuracy.
#10
Economic sentiment is falling in Europe as well. The following is
from a recent Reuters article….
A monthly European
Commission survey showed economic sentiment in the 17 countries using the euro,
a good indication of future economic activity, fell to 98.3 in August from a
revised 103 in July with optimism declining in all sectors.
#11
The yield on 2 year Greek bonds is now an astronomical 42.47%.
#12
As I wrote about recently, the European Central Bank has
stepped into the marketplace and is buying up huge amounts of sovereign debt
from troubled nations such as Greece, Portugal, Spain and Italy. As a
result, the ECB is alsomassively overleveraged at this point.
#13
Most of the major banks in Europe are also leveraged to the hilt and have
tremendous exposure to European sovereign debt.
#14
Political wrangling in Europe is threatening to unravel the Greek bailout
package. In a recent article, Satyajit
Das described what has been going on behind the scenes in the EU….
The sticking
point is a demand for collateral for the second bailout package. Finland
demanded and got Euro 500 million in cash as security against their Euro 1,400
million share of the second bailout package. Hearing of the ill-advised side
deal between Greece and Finland, Austria, the Netherlands and Slovakia also are
now demanding collateral, arguing that their banks were less exposed to Greece
than their counterparts in Germany and France entitling them to special
treatment. At least, one German parliamentarian has also asked the logical question,
why Germany is not receiving similar collateral.
#15
German Chancellor Angela Merkel is trying to hold the Greek bailout deal
together, but a wave of anti-bailout “hysteria” is sweeping Germany, and nowaccording to Ambrose
Evans-Pritchard it looks like Merkel may not have enough votes to
approve the latest bailout package….
German media
reported that the latest tally of votes in the Bundestag shows that 23 members
from Mrs Merkel’s own coalition
plan to vote against the package, including twelve of the 44 members of Bavaria’s Social
Christians (CSU). This may force the Chancellor to rely on opposition votes,
risking a government collapse.
#16
Polish finance minister Jacek Rostowski is warning that the status quo in
Europe will lead to “collapse“. According to Rostowski, if the EU does not
choose the path of much deeper economic integration the eurozone simply is not
going to survive much longer….
“The choice is:
much deeper macroeconomic integration in the eurozone or its collapse. There is
no third way.”
#17
German voters are against the introduction of “Eurobonds” by about a 5 to 1 margin, so deeper
economic integration in Europe does not look real promising at this point.
#18
If something goes wrong with the Greek bailout, Greece is financially
doomed. Just consider the following excerpt from a recent article by Puru Saxena….
In Greece,
government debt now represents almost 160% of GDP and the average yield on
Greek debt is around 15%. Thus, if Greece’s debt is
rolled over without restructuring, its interest costs alone will amount to
approximately 24% of GDP. In other words, if debt pardoning does not occur,
nearly a quarter of Greece’s economic
output will be gobbled up by interest repayments!
#19
The global banking system has a total of 2 trillion dollars of exposure to Greek, Irish, Portuguese,
Spanish and Italian debt. Considering how much the global banking system
is leveraged, this amount of exposure could end up wiping out a lot of major
financial institutions.
#20
The head of the IMF, Christine Largarde, recently warned that European banks
are in need of “urgent recapitalization“.
#21
Once the European crisis unravels, things could move very rapidly
downhill. In a recent article, John Mauldin put it this
way….
It is only a
matter of time until Europe has a true crisis, which will happen faster – BANG! – than any of us
can now imagine. Think Lehman on steroids. The U.S. gave Europe our subprime
woes. Europe gets to repay the favor with an even more severe banking crisis
that, given that the U.S. is at best at stall speed, will tip us into a long
and serious recession. Stay tuned.
#22
The U.S. housing market is still a complete and total mess. According to
a recently released report, U.S. home prices fell 5.9% in the second quarter compared to a year
earlier. That was the biggest decline that we have seen since 2009.
But even with lower prices very few people are buying. According to the
National Association of Realtors, sales of previously owned homesdropped 3.5 percent during July. That was
the third decline in the last four months. Sales of previously owned
homes are even lagging behind last year’s pathetic pace.
#23
According to John Lohman, the decline in U.S. economic data over the past three
months has been absolutely unprecedented.
#24
Morgan Stanley now says that the U.S. and Europe are “hovering dangerously close to
a recession” and that there is a good chance we could enter one
at some point in the next 6 to 12 months.
#25
Minneapolis Fed President Narayana Kocherlakota says that he is so alarmed
about the state of the economy that he may drop his opposition to more
monetary easing. Could more quantitative easing by the Federal Reserve
soon be on the way? …’
If We Punished Executives the
Way China Does, We Wouldn't Have Any Left Minyanville Justin Rohrlich [ I
think we should consider this approach, starting with the frauds on wall
street, which of course in the sense of ‘all roads lead to’, will unearth other
criminals deserving of such treatment since their corruption has had ‘life/death’ effects on the general
populace through no fault of their own!] ‘Here in the United States, we've certainly gotten far
more than we ever bargained for when it comes to corruption in the collective
C-suite.
A few have been punished. Many have not. In China, though, they kill their
Dennis Kozlowskis.
Yesterday, Li Hua, former chairman and general manager of the Sichuan division
of China Mobile (CHL), was sentenced
to death for accepting more than $2.5 million in bribes.
The Intermediate People’s Court in the southwestern city of Panzhihua handed
down the verdict with a two-year reprieve, meaning if Li behaves himself, he
could skate with a mere slap on the wrist -- life in prison.
The New York Times points out that the "same type of sentence was
handed down last month for one of the company’s other former
executives, Zhang Chunjiang, who once served as vice chairman of China Mobile,” which also included “the confiscation of his personal
assets and the removal of his political rights.”
He was convicted of accepting more than $1.15 million in bribes while working
at a series of state-run telecom companies from 1994 to 2009. At least six
other executives from China Mobile are
under investigation in corruption cases. (It may be worth noting
that last week, China Mobile revealed that it “met
several times with Steve Jobs to talk about Apple (AAPL) making an iPhone that would support its proprietary
3G standard." Currently, China Unicom (CHU) is the only carrier in China offering the
device. )
When Chen Tonghai, former chairman of Sinopec (SNP), was sentenced to
death for bribery in 2009, he was also granted a two-year reprieve after
confessing to his crimes. According
to state-run news service Xinhua, the court cut Chen a break of
sorts, stating that for "crimes involving 'extremely large sums of money,'
the suspects should be sentenced to death, but 'if they confess or contribute
to the handling of relevant cases, they should not get an immediate death
penalty in principle.'"
"Chen Tonghai's sentence is a result of people's court's criminal policies
and reflects both severe punishment of corruption and the policy of tempering
justice with mercy," Xinhua said.
But, Chinese justice lacks a particularly even hand. State-run news service Xinhua
explains why certain executions are performed more hastily than
others:
Corrupt
officials, such as former vice-chairman of the Standing Committee of the
National People's Congress Cheng Kejie who was executed in September 2000,
former vice governor of Anhui Province Wang Huaizhong who was given a lethal
injection in February 2004, and former food and drug administration head Zheng
Xiaoyu, executed in July 2007, got immediate death sentences because they
"refused to plead guilty" and their bribe-taking "caused
extremely serious social impact.”
This spring, China revised the law, when authorities deemed 13 non-violent
economic offenses to no longer be executable crimes, though Amnesty
International called
it "legal housekeeping," as the infractions were “all… seldom if ever punished
by execution”
to begin with.
Andrew Yang of the Laogai Research Foundation
-- established in 1992 by Harry Wu, a democracy activist and survivor of the
laogai, China’s
system of forced-labor prison camps -- provided us with a translation of the
official list (which just so happens not to include bribery):
And finally, simple “theft.”
However, the Chinese leadership doesn’t rely solely on the legal system to control the
business community at large.
From Russell Lee Moses, writing for the Wall Street Journal’s China
Real Time Report:
After
weeks of taking jabs to the chin from an angry microblogging public, leading
forces in the [Chinese Communist] Party have decided to punch back. Politburo
member Liu Qi visited the Beijing offices of Sina.com’s (SINA) popular
microblogging service Weibo earlier this week and impressed upon the staff
there the need for “the Internet’s healthy development”—code words for staying
away from topics which attack the rule of the Communist Party or hold officials
up for public ridicule.
[…]
Liu’s strong-arm visit follows a series of admonitions in the Party media,
warning journalists to get back into the government fold and to play the role
of conveying to a skeptical society that cadres care.
The hardline view, expressed in a recent article posted in the “People’s Forum”
run by the official People’s Daily, is that microblogging is best confronted,
not by embracing it as a way for the public to supervise the Party, but by the
Party’s “use [of] the mass media to tell the truth.”
By all accounts, corruption is so thoroughly ingrained in the operating culture
of Chinese officialdom, the roles in this situation seem to be comically
reversed.
“There is really no way to control the corruption among Chinese officials,”
Yang told me in a telephone interview. “If bribery was not punishable by death,
corrupt officials would be even bolder in grabbing the public’s wealth. And
without a free press, the behavior of officials cannot be monitored, so
corruption simply runs wild.”
James H. Zimmerman, Jr., Amnesty International's Country Specialist for China,
says the execution of government officials for bribery “is fairly common.”
In an email message, Zimmerman pointed out that “most have been politically
isolated, so they have no one coming to their defense.”
The majority of China’s citizenry certainly isn’t.
As explained by Teng
Biao of China’s Economic Observer (and translated by
Worldcrunch.com), “China is the global leader for the number of corrupt
officials who are sentenced to death, and actually executed each year. But,
judging by the seemingly endless ‘public demand’ for this kind of punishment
and the surging popular anger, it would seem that there is actually not enough
of it.”
And Joshua Rosenzweig, former senior researcher at the Di Hua Foundation, a
human rights organization based in San Francisco and Hong Kong, told the
Washington Post that “there still is a very strong sense that
corrupt officials must die among the Chinese population at large. The revulsion
for that offense is so strong that there would be a potential political cost to
eliminating the death penalty for corruption."
Not altogether surprisingly, the specter of death doesn’t necessarily act as a
deterrent.
In 2009, a
six-year old schoolgirl in southern China was asked by a television
reporter what she wanted to become when she grew up.
"When I grow up I want to be an official," she replied.
"What kind of official?" asked the interviewer.
"A corrupt official because corrupt officials have a lot of things,"
she said.’
BofA Warns Upcoming “Desperate
Measures” By Authorities Will Result In Another 2008 Market Collapse
Zero Hedge |
New national debt data: $4.247
Trillion in 945 days L.A. Times
Home sales approach worst point
in half a century Bloomberg
Bloomberg reveals massive
corruption in the private Federal Reserve Madison Ruppert
In Baltimore, homes for
$10,000 — and less Baltimore Sun | Housing prices
continue to fall through much of the region.
Social Security disability on verge of insolvency
MKM Bracing For SPY To Drop 8%
More; Nasdaq Nearing August Lows at Barrons.com Murray
Coleman ‘Stocks continue to slump today, reeling from a raft of ugly data and growing
concerns about European sovereign debt. But how far lower can ETFs tracking key
benchmarks slide? MKM Partners’ technical analyst Katie
Stockton sees
a range around $110 a share for the SPDR S&P 500 ETF (SPY) as the next
level of support. That would represent about a 3-4% drop from current levels.
SPY most recently was trading down 4.6% at $114.09 a share. “I do expect that
level ($110) to be re-tested in coming weeks,” Stockton said in an interview,
noting that level had been tested early last week and held. The problem is that
her indicators show that blue chip U.S. stocks still could have a ways to go.
“The market doesn’t appear oversold at this point, so the market looks like it
could go lower,” Stockton said. Perhaps the most important level for SPY is the
February 2010 low of $105 a share, roughly 8% below current levels. “That level
hasn’t been broken on a decisive basis yet,” Stockton noted. “That’s the number
we’re really keeping a close eye on after what’s taken place today.” Meanwhile,
the tech-heavy Nasdaq’s near-term backdrop looks just as volatile, notes Michael
Ashbaugh
in his Technical Trader investment letter.
With Thursday’s downturn, the benchmark has knifed straight through initial
support at 2,493 placing it back within August-crash territory. In the
near-term, the veteran technician expects to see modest support at around 2,357
— its August closing low. That’s around 0.6% from where the index’s trading at
now.’
Stocks Plunge, Gold Surges on
Global Concern Aug 18th, 2011 14:30 by News (Bloomberg) — ‘Stocks plunged
while Treasuries rallied, pushing yields to record lows, amid growing signs the
economy is slowing and speculation that European banks lack sufficient capital.
Gold climbed to a record, while oil led commodities lower.
The Standard & Poor’s 500 Index tumbled 4.5 percent to 1,140.74 at 4 p.m.
in New York. The Stoxx Europe 600 Index lost 4.8 percent in its worst plunge
since March 2009 and Germany’s DAX Index slid 5.8 percent, the most since 2008.
Ten-year Treasury yields fell as much as 19 basis points to 1.97 percent as
rates on similar-maturity Canadian and British debt also reached all-time lows.
The dollar gained versus 15 of 16 major peers, strengthening 0.6 percent to
$1.4336 per euro. Gold futures rallied as much as 2.1 percent to $1,832 an
ounce, while oil slid 5.9 percent.’ European Shares Fall Most
Since March 2009 Aug 18th, 2011 12:01 by News (CNBC) — ‘European equities
suffered their biggest daily fall in two and a half years on Thursday, as a
slew of data cast further doubt on the strength of the recovery in the world’s
biggest economy. German shares lost most, with traders citing the effects of a
short-selling ban on financial stocks in other parts of Europe and intensifying
worries about politicians’ lack of a plan to address the euro zone sovereign
debt crisis. The European banking sector, exposed to the euro zone debt crisis,
fell 6.6 percent and is down 29.7 percent this year.’
Jobless Claims, Inflation Rise
More Than Expected CNBC | New U.S. claims for unemployment benefits
rose more than expected last week. Chavez Nationalizes
Venezuela’s Gold Industry, Recalls Hundreds of Tons of Gold Held Abroad, May
Cause a Scramble for Physical Gold From JP Morgan and Others SEC destroyed crucial probe
data: senator AFP | The SEC may have destroyed
documents related to possible violations by major banks and hedge funds. World stock markets plunge as
fears of recession intensify guardian.co.uk Don’t Swallow the FED’s $16
Trillion Suicide Pill Michael McKay | The Federal
Reserve secretly kept the Phony-Fiat-Money-System afloat by “lending” out $16
Trillion. GALLUP: Americans satisfied
with ‘the way things are going’ — 11%! Gallup |
Americans’ satisfaction with the way things are going in the United States has
fallen back to 11%.
Stocks: Mutual Fund Investors
Hate Them the Most Since Oct. 2008 at The Wall Street
Journal
Rick Perry on Ben Bernanke:
Fed Chairman's Money Printing Policies Are "Almost Treasonous"at
Minyanville
The Loss of Momentum in the
Markets All Too Apparent Now Bob Chapman
Venezuela Plans to Move
Reserve Funds Aug 17th, 2011 10:35 by News August
17 (The Wall Street Journal) —‘ Venezuela plans to transfer billions of dollars
in cash reserves from abroad to banks in Russia, China and Brazil and tons of
gold from European banks to its central bank vaults, according to documents
reviewed Tuesday by The Wall Street Journal.The planned moves would include
transferring $6.3 billion in cash reserves, most of which Venezuela now keeps
in banks such as the Bank for International Settlements in Basel, Switzerland,
and Barclays Bank in London to unnamed Russian, Chinese and Brazilian banks,
one document said.Venezuela also plans to move 211 tons of gold it
keeps abroad and values at $11 billion to the vaults of the Venezuelan
Central Bank in Caracas where the government keeps its remaining 154 tons of
bullion, the document says. PG View: There have been plenty of
reasons to question President Chávez’s sanity in recent years, but seeking to
lessen Venezuela’s dependence on the dollar and removing assets, particularly
their gold, from Western banks is actually pretty prudent. It will be
interesting to see how forthcoming those Western banks will be in facilitating
the repatriation of Venezuela’s gold.’ Chavez Plans on Nationalizing
Gold Industry Fox Business | “I have here the laws allowing the
state to exploit gold and all related activities.”
Putin sets sights on Eurasian
economic union Financial Times | Twenty years after the Soviet Union
collapsed, Vladimir Putin, the Russian prime minister, may not, as is sometimes
alleged, be trying to recreate it.
Putting The Cart On Top Of The
Horse, Or Why Heaping Fiscal “Stimulus” Upon “Stimulus” Is Suicide For America
Zero Hedge | Feeding the government monster is, contrary to what Krugman and
other Keynesians will tell you, in the current regime of coincident monetary
irrigation, an exercise in futility.
Merkel/Sarkozy press
conference: No chance of eurobond anytime soon. No expansion of ESFS. Move
toward common governance. Financial transaction tax. Aug 16th, 2011
10:37 by News EUR rallied then retreated. Germany adds to eurozone’s
woes Aug 16th, 2011 10:13 by News August 16
(Financial Times) — German economic growth slowed to a near standstill in the
second quarter of this year, dealing a further, unexpected blow to the
crisis-hit eurozone.The surprisingly-sharp deceleration in activity in Europe’s
largest economy hit overall eurozone growth and intensified fears about the
global slowdown. It also threatened to complicate the challenge facing the
region’s policymakers as they seek to combat its escalating debt crisis.
Stocks Slip On Concern Over Europe's
Debt, U.S. Data
Dell
braces investors for a bumpy road 16 Aug 2011 Dell makes a case on
why it can better weather an upcoming storm with more higher margin businesses...
Ron Paul on
Texas Straight Talk: U.S. Government Debt Is Becoming Worthless
How Low Will Stocks Go?
at Minyanville By MoneyShow.com Aug
12, 2011 ‘Up 500 points
one day, down 500 the next. That’s the way the market is these days.
On Wednesday, the Dow Jones Industrial Average plummeted 520 points, erasing
all of Tuesday’s gains from the Federal Reserve’s decision to keep short-term
interest rates near zero. As of noon Thursday, it’s up about 250.
By Wednesday’s close, the Dow had lost 2,000 points, or more than 15% of its
value, since July 21. The S&P 500 and Nasdaq Composite indexes lost
slightly more during that time. All three are perilously close to the 20%
decline from the late April-early May top that many pundits (particularly in
the media) use as a rule of thumb to determine a bear market.
Unfortunately, I think stocks have still lower to go. How low? Later in this
column I’ll tell you what some respected technical analysts think.
But let’s start with the fundamentals.
First, the economy. Need I say more? Jobless figures were somewhat better in
June, but economists have revised downward their estimates of GDP growth.
Measures of consumer confidence are pretty weak.
And did anybody get the real message the Federal Open Market Committee put out
Tuesday? The economy is so sick, the Fed is willing to guarantee exceptionally
low rates for two years! I’ve never seen the Fed telegraph its moves so far in
advance, and the FOMC’s statement said over and over again how lousy the
economy is.
Meanwhile, the open rebellion by three voting FOMC members makes it highly
unlikely we’re going to see another round of quantitative easing anywhere near
as big as the last two.
Third, there’s the debt crisis. Everyone agrees the European Union just doesn’t
have the money to bail out Italy and Spain, its third and fourth largest
economies, if it comes to that. Rumors are swirling about the health of French
banks and the safety of France’s AAA rating.
And the debt-ceiling standoff here, which culminated in S&P downgrading the
US’s AAA credit rating, means more government action to “fix” the economy is
likely off the table.
So there’s no way President Obama will get much additional stimulus. He’s
desperately trying to extend unemployment benefits and the payroll tax holiday
for another year, but that looks pretty iffy at best. (You can read more from
me about the "end of
the welfare state" on The Independent Agenda.)
Finally, there are earnings, which have been great. But we’re getting much
later in the cycle, and their momentum appears to be slowing. It’s hard for me
to see how earnings growth alone is going to power the market much higher when
everything else appears to be going in the opposite direction.
And while valuations are looking attractive by some measures, they don’t exist
in a vacuum, either.
So, where does that leave us? Four prominent technical analysts I contacted all
agreed: Stocks are heading lower, likely into a new bear market.
David Sneddon, head of technical analysis research at Credit Suisse in London,
said the 1,370.58 intraday high in the S&P we saw on May 2 was the likely
top. There’s critical technical support around 1,100, which is just about from
where the market bounced back this week. So far, we seem to be holding that.
The next level of technical support below that is at 1,020-1,022. “You’d have
to get below [1,000-1,010] to have a genuine bear market.”
Another London-based technician, Sandy Jadeja of City Index, who watches the
Dow, thinks that’s where we’re going.
A few weeks ago, he predicted the Dow would drop to 10,428, which it did. Now,
he told me by e-mail, “the rally that follows will be brief, and then lead to
another leg down to 9,673 and further.”
“Lows are not to be expected until 2012,” he concluded. “Next month is
critical. If we break the low of August in September, there is worse to come.”
Mark
Arbeter, chief technical analyst of Standard & Poor’s, said back in May and
June that the bull market was probably over, as I reported in this
column. He hasn’t changed his position.
By e-mail, he said he “would look for some stabilization and a potential
short-term rally now that the S&P 500 has fallen into a major zone of chart
support…between 1,023 and 1,128.”
Ultimately he thinks the S&P could fall to 1,020, or maybe as low as 935.
That would be 15% below Wednesday’s close, and would definitely mark a new bear
market.
Michael Kahn, who writes the Getting Technical column for Barrons.com and the
QuickTakes Pro blog, has long argued we’re in a secular (long-term) bear
market, and he thinks the cyclical bull is over, too. Like Arbeter, he sees
1,010 to 1,050 as the next level of support for the S&P, and below that
930.
“I think it stops at 930 to make the 2000s-2010s follow the 1970s very
closely,” he wrote me by e-mail. That’s one decade for which investors have
little nostalgia.
The technicians are unanimous that stocks are going lower, though some are
looking for a strong rally that goes against the bearish trend. Arbeter doesn’t
expect that rally to go much beyond 1,250-1,260 before it sells off again.
Sneddon doesn’t think it’ll bounce much higher than 1,200.
“We’ve clearly seen a lot of technical damage done in a lot of markets,” he
told me. “I would be personally [inclined] rather to lighten up and reduce my
positions” on rallies.
That would be my position, too, if I hadn’t already taken profits and sold what
I wanted to a couple of months ago.
If you missed that chance, I wouldn’t sell in panic now, but would wait for
stocks to mount a rebound to sell off positions in riskier small-cap stocks
(which already may be in a bear market) and emerging markets, whose time in the
sun has come and gone. That also may be a good time to permanently
reduce your exposure to equities.
But I certainly wouldn’t buy into a market like this with all its wicked swings
and uncertainties. Even mighty Goldman Sachs (GS) lost money on 15 trading days in the
second quarter! And John Paulson, the hedge-fund genius who masterminded “the
greatest trade ever” by shorting subprime mortgages, has lost 31% so far this
year in his largest fund.
If people like that who have the best information and technology are losing
money in this market, do you really think you’re going to beat them at their
own game?
There will be a time to buy again, but it’s not now. This market is heading
lower.’
Editor's Note: This article was written by Howard R. Gold, editor at large
for MoneyShow.com.
Five Reasons for the Stock Market Crash and Zero
Interest Rate 11 Aug 2011 Read more: Five Reasons for
the Stock Market Crash and Zero Interest Rate http://www.moneynews.com/StreetTalk/Stock-Market-Interest-Rate/2011/08/11/id/406976 ‘It’s said that the stock market climbs a
“wall of worry.” Because the stock market is trying to predict the future
success or failures of various companies, it sometimes gets things wrong.
Horribly, terribly wrong.
With the Dow Jones Industrial Average falling like a rock, with wild swings not
seen since the stock market crash of 2008, many investors are on the verge of
panic. It’s easy to see why. The Federal Reserve is committed to keeping
interest rates near zero until mid-2013 at the earliest. Those low interest
rates penalize investors on a fixed income who don’t want the risk of the stock
market.
Publisher’s Note: In an exclusive interview presentation, Aftershock
2012, Robert Wiedemer outlines a dire financial warning along with a
comprehensive blueprint for economic survival. Over one million Americans have
seen the evidence and learned how to weather the stock market,
secure interest rates, and save their financial future. Watch the video now.
But
investors who understand the reasons behind the latest decline in the stock
market have little to fear. Below are five reasons why the stock market is
crashing right now:
1) Current Debt Crisis in Europe and the United States
Between record high bond rates in Greece, Spain, Portugal and Ireland, the
eurozone has its hands full in dealing with too much debt relative to the size
of its various economies. As a result of the poor bond performance from these
countries, Europe is on the cusp of plunging into a banking crisis. Such a
crisis could send interest rates soaring for “prime” countries like France and
Germany, not to mention throw the continent into a recession.
Across the Atlantic, the United States isn’t faring much better. The recent
debt ceiling drama concluded at the 11th hour, with very little in the way of
true cuts. Instead, the government has promised to cut future growth, which may
or may not even occur. No wonder S&P downgraded U.S. debt!
Ultimately, it isn’t risky assets like stocks that cause economic problems.
Markets sell off when seemingly safe assets are suddenly recognized as
significantly riskier than they were once perceived.
2) United States Government Is at an Impasse
As part of the recent debt ceiling deal, Congress approved the creation of a
bipartisan super-committee comprised of 12 members to fast-track legislation.
The constitutionality of such a committee is dubious at best, but it’s just one
way for Washington lawmakers to pass off responsibility and avoid tough
decisions.
It doesn’t end there. The Federal Reserve has tried two rounds of “quantitative
easing,” a scheme to buy up excess debt. The rationale was that it would get
the U.S. economy back on track. Instead, this plan juiced the returns of the
stock market, and sent gas prices and grocery costs soaring.
Meanwhile, Congressional Republicans are calling for the ouster of Treasury
Secretary Tim Geithner as a consequence of the U.S. losing its S&P AAA
credit rating.
In other words, it’s business as usual for the government: trying to fix a
crisis that’s largely the result of its own poor oversight, while avoiding any
responsibility for causing the problem in the first place.
3) U.S. Unemployment Is Running Over 15%!
As long as the U.S. economy isn’t creating enough new jobs, it will stagnate.
Although the unemployment rate has declined from the double-digit rates it hit
in 2009/2010, many astute individuals have noted that the latest unemployment
report is inaccurate.
Using the measurement for unemployment used by the government up until the
early 1980s, true unemployment is running over 15%!
Meanwhile, many thrown out of work have exhausted their unemployment benefits,
which in some cases lasted as long as 99 weeks. Once off unemployment, they
officially disappear from the official unemployed list, making the job market
appear better than expected.
Adding millions of jobs would be the best economic stimulus possible. It would
allow millions to loosen their belts and spend more, which would be a huge boon
across the entire economy.
Publisher’s Note: Author and esteemed economist Bob Wiedemer accurately
predicted these events more than four years ago. Over one million Americans
have seen the evidence and learned how to weather the stock market, secure interest rates, and save their financial future.
Watch the video now.
4) United States Has No Economic Growth
Historically, the Federal Reserve has cut interest rates to increase economic
growth. That’s because lower interest rates make it easier for individuals to
borrow money to buy cars, houses, start small businesses and the like. However,
there’s been nearly no growth since the United States plunged into a recession
in 2008. And the Federal Reserve can’t cut rates any lower.
There’s no doubt in the minds of many market participants that more Fed easing
policies are on the way, especially after America’s first-quarter GDP was
revised from 1.9% to 0.4%.
The stock market’s moves are highly dependent on economic growth. If an
individual company can post huge growth numbers, its shares tend to go up, and
its shares tend to decline when growth stalls. When a country’s GDP is
stagnant, investors don’t know what to expect. Hence the recent stock market
plunge, as economic data may suggest that another recession is upon us.
5) No Housing Recovery
The stock market crash of 2011 is starting to resemble the stock market crash
of 2008 in one key way: Bank stocks are leading the decline. Since the start of
August, banks deemed “too big to fail” like Citigroup and Bank of America have
sold off twice as hard as the overall stock market.
It’s easy to see why. Banks are sitting on millions of properties listed on
their balance sheets at pre-housing crash prices. If all these properties hit
the market at once, prices would have to fall substantially. If the banks have
to sell them at a loss, they’ll take a hit to their balance sheet at a time
when they’re still trying to improve it.
A housing recovery can spur job growth for construction jobs, real estate
agents, and businesses in new communities. But we currently have a housing glut
that will take several years to work through.
Until then, without a housing recovery, it’ll be tough for the overall economy
to recover. That means the stock market is in for a wild ride and low interest
rates are here to stay.
While these five reasons aren’t a comprehensive list of the problems weighing
down the stock market and keeping interest rates paltry, they should give most
investors a reason to stay cautious over the next few months.
Based on the market’s action and recent economic data, it’s more likely than
not we’re entering a double-dip recession. Stay heavy on safe investments and
don’t give into the fear.
Read more: Five Reasons for
the Stock Market Crash and Zero Interest Rate
Important: Can you afford to Retire? Shocking Poll Results …’
Stocks Overbought Already?at
The Wall Street Journal
Are US Markets Facing the
Abyss? [ Short answer: Worse! ] at Minyanville Jeffrey Cooper Aug 15, 2011 ‘
“As soon as the idea of the Deluge had
subsided, a hare stopped in the clover and swaying flowerbells, and said a
prayer to the rainbow, through the spider’s web.
Oh, the precious stones that began to hide, and the flowers that already looked
around.
In the dirty main street, stalls were set up and boats were hauled toward the
sea, high tiered as in old prints.
Blood flowed at Blue Beard’s -- though slaughterhouses, in circuses, where the
windows were blanched by God’s seal. Blood and milk flowed.
Beavers built. “Mazagrans” smoked in the little bars.
In the big glass house, still dripping, children in
mourning looked at the marvelous pictures.
A door banged; and in the village square the little boy waved his arms,
understood by weather vanes and cocks on steeples everywhere, in the bursting
shower.
Madame installed a piano in the Alps. Mass and first communions were celebrated
at the hundred thousand altars of the cathedral.
Caravans set out. And Hotel Splendid was built in the chaos of ice and the
polar night.
Ever after the moon heard jackals howling across the deserts of thyme, and
eclogues in wooden shoes growling in the orchard. Then in the violet and
budding forest, Eucharis told me it was spring.
Gush, pond -- foam, roll on the bridge and over the woods -- black palls and
organs, lightning and thunder, rise and roll -- waters and sorrows rise and
launch the Floods again.
For since they have been dissipated -- oh, the precious stones being buried and
the opened flowers -- it’s unbearable. And the Queen, the Witch who lights her
fire in the earthen pot will never tell us what she knows, and what we do not
know.”
--Apres Le Deluge, Arthur Rimbaud
"Yeah, keep your eyes on the road, your hands
upon the wheel...
Let it roll, baby, roll."
-Roadhouse
Blues (The Doors)
“Somebody hit her with a chair, you know. I guess there’s no way to
determine who did it. It’s already coagulating. She was just an innocent
bystander. It’s a democracy.”
-Jim Morrison
“There are things known and there are things unknown, and in between are
the doors of perception.”
-Aldous Huxley
“That men do not learn very much from the lessons of history is the most
important of all the lessons that History has to teach.”
-Aldous Huxley
“Ye shall know the truth, and the truth shall make you mad.”
-Aldous Huxley
The market went mad last week. The truth of capitalism was in chaos,
democracy in disarray, and paralyzed politics hit home. The truth hurts.
“And
the Queen, the Witch who lights her fire in the earthen pot will never tell us
what she knows, and what we do not know.”
Seemingly in unison, market participants' heads hit their pillows Friday night
with a thousand points of night running like shards of broken confidence
through their minds.
The consumer confidence number hit the lowest level in a generation as the
retail therapy of conspicuous consumption threatens to hit the wall.
Anesthetized with lies and sedated with stimulus, is the consumer shopped out
and about to send a wake-up call to Mr. Economy?
At the end of World War II, no power existed which could compete with the US
militarily or economically.
The US had saved the world from the scourge of dictatorship.
In return, the Bretton-Woods Agreement in the Summer of 1944 also gave us
the monetary power to print the world’s currency. We promised it would always be
convertible into gold at the rate of $35 per ounce. This proviso was between
the world’s
central banks and ours. It remained true until August 15, 1971 when President
Nixon voided the agreement because French President de Gaulle was about to make
a run on our gold, which he knew wasn’t sufficient to back up all of the currency then
floating around in the world’s central banks. De Gaulle was about to precipitate a
kind of run on the bank.
Son of a gun.
Is this a harmonic of the rumors that Dominique Strauss-Kahn
-- former head of the IMF who was about to run for the French presidency
-- was set up in a hotel in New York because he was about to reveal
something about the gold that is or is not in Fort Knox?
Ever since the Bretton Woods Agreement was broken 40 years ago today, the
dollar has been wandering in a sort of financial Biblical desert,
characterized by the last decade of bubbles and busts.
The monthly S&P shows 3 persistent advances: a 5-year run into March 2000,
a 4-year run into July 2007, and a 2-year run in May 2011.
The March 2000 top saw a break and a return rally/test failure into late August
2000. The July 2007 top saw a break and a return rally that made a marginal new
high test failure in October 2007. Both of these tests failures of the high
came roughly 90 days/degrees later.
In 2011 an initial peak played out on February 18th. A test failure played out
with a marginal new high roughly 90 days/degrees later.
In “How Mid-September 2008 Ties To
The July 2010 Low And Today” from late June, I walked through the setup for a
waterfall decline.
The March ’03
low was 788 which is where the big advance to 2007 began. 2 x 788 gives
the price of the S&P all-time high in 2007.
From the March 6, 2009 low to the May 2, 2011 high is 787 days.
Time was ‘up’ this May, but the
S&P didn’t
roll over until the anniversary of the July ’07 high.
From August 1971 to August 2011 is 480 months. On the Square of 9 Wheel, 480 is
square 90 degrees of August 24th.
August 24th is opposite this year's February 18th peak.
The end of the month also ties to the pre-crash high in 1987, the pre-crash
high in 1929, and the return rally high in 2000.
The end of August vibrates off major crashes in history.
In addition, early September ties to the 120-month anniversary of 9/11 and the
1000 point DJIA bungee following that crash.
Will an ABC retracement rally following our recent crash be able to satisfy my
projection early last week of a 1000 DJIA rally?
Will the end of the month/early September mark a retracement high or a new
low?{PAGE_BREA}Surprisingly, after violating the Bretton Woods agreement, the
world kept on functioning as though the US dollar was still as good as gold.
The only limit on our power to print money was the world’s willingness to
continue tolerating our enormous abuse of this power. In effect, it gave
us the power to soak up the savings of others around the world in order for us
to consume. It was a giddy time.
It was a giddy-up time for politicians intent on spending to buy votes and the
incestuous target they created for lobbyists.
Americans then had a free ride in financial matters to take the labor of others
and use them to their benefit. We no longer had to produce. We could just let
others do the producing and all that we needed to do was print more money and
pay them off.
That illusion is ebbing.
Technically, the market looks like it is creeping higher to finish off an ABC
upward correction from 1190 to 1225, which should see the market quickly
fall to lower lows. The mid-point of equilibrium between the 666 low and the
1371 high equates to 1018. A decline to 1018 could be a test of the 1011 low in
July 2010.
1190 is the mid-point from the July 2010 low to the May 2011 high.
1225 ties to last year's double tops.
A full backtest of the big neckline ties to 1250ish.
This week the market will tie to the chance for an Upside Follow Through Day
-- a day with a substantial gain on substantial volume at least 4 days
after a low.
This week is also options expiration, so a possible C wave corrective rally could
theoretically see the market hold up into the end of the week.
However, without a big momentum day to hook the shorts, the market will drift
before another leg down targeting 1040ish to 940ish.
We have been looking for a blow out low near mid-August based primarily on the
cycle from 1951.
The closing lows for two sessions near 1121 aligns with mid-August on the
Square of 9 Wheel. Only above 1260 does the market suggest something else other
than a new bear leg is playing out.
We don’t
want to short if a washout has occurred like in August 2007. As we asked in a
report last week, is this a blow-out low or a mid-point for a move lower?
At the same time it’s tricky to go long here between 1190 and 1225:
the vast majority of technicals indicate a new bear leg. While many stocks are
improving they have not repaired the damage.
A lot of comparisons have been made between the current cascade in stocks and
2008. Memory is short on Wall Street, but not that short. It is possible that
money managers and robots alike sold first and will ask questions later so as
not to be mangled in a another train wreck.
But this is not like 2008 in the sense that the Crash in the Fall of 2008 was a
second leg down.
Modern markets haven’t seen a drop off a peak or pivot high from late July
like we just witnessed. It was worse that last year’s Flash Crash in May
2010. It is worse than the initial sell-off in late 2008.
Even on Black Monday in 1987, stocks were decimated in virtually one day and it
was over. This one has been a Roller Coaster Crash.
While the market has echoed the Flying Elvis Pattern that installed a low from
mid-July 2010, it remains extremely risky as the sharpness and steepness of the
selloff leaves it/left it primed for a reflex rally.
http://image.minyanville.com/assets/FCK_Jan2011/Image/cooper/0811/15/ARCX_SPY_D%20--%20SPDR%20S&P%20500%20TRUST.gif
At the same time, as offered in a chart in this space in late July, the set up
for a waterfall crash like 1929 was in place and that pattern may not have
played out completely.
http://image.minyanville.com/assets/FCK_Jan2011/Image/cooper/0811/15/DJIA%201929%20Daily.gif%20final.jpg
http://image.minyanville.com/assets/FCK_Jan2011/Image/cooper/0811/15/ARCX_GLD_D%20--%20SPDR%20GOLD%20SHARES.gif ‘
Rickards – US will revalue
gold to $7000 Aug 15th, 2011 15:10
by News August 15
(King World News) — ‘ He (Nixon) said first of all I am imposing national price
controls because there was an inflation problem in the United States at the
time. The second thing he said was I am putting a 10% surtax of imports on all
imported goods coming into the United States. Then about 10 minutes into the
speech, very much en passant, he said, ‘Oh by the way we are suspending the
convertibility of dollars into gold’ and he immediately went into this Nixonian
rant about speculators. So it was very interesting, there were three
earth-shaking announcements. Can you imagine any one of those three things
going on today? President Obama or any President saying he was going to impose
nationwide price controls, or all Chinese goods would have a 10% surcharge. It
would be cataclysmic, yet Nixon did both of those things. Plus (Nixon) took us
off the gold standard, so it was quite a dramatic speech. In a strange way he
did us all a favor by making sure we (the US) held on to the gold. So I do
think the United States is in a position to revalue the currency using gold to
that $7,000 level. That will obviously be a huge benefit to all of the people
who invested in gold because they are going to be along for the ride, along
with the United States when that gold goes to $7,000.” Excerpted from an
interview that is available here. ‘
Fed Pledge Let's You Know The Fix Is
In Forbes Peter Schiff
‘
Last week’s
wild actions on Wall Street should serve as a stark reminder that few investors
have any clue as to what is really going on beneath the surface of America’s troubled economy. It
did bring startling clarity on at least one front. In its August policy
statement the Federal Reserve took the highly unusual step of putting a
specific time frame for the continuation of its near zero interest rate policy.
Moving past
the previously uncertain pronouncements that they would “keep interest rates low
for an extended period,” the Fed now tells us that rates will not budge from
rock bottom for at least two years. Although the markets rallied on the news
(at least for a few minutes) in reality the policy will inflict untold harm on
the U.S. economy. The move was so dangerous and misguided that three
members of the Fed’s Open Market Committee actually voted against it.
This level of dissent within the Fed hasn’t been seen for years.
Many
economists have short-sightedly concluded that ultra low interest rates are a
sure fire way to spur economic growth. The easier and cheaper it is to borrow,
they argue, the more likely business and consumers are to spend. And because
spending spurs growth, in their calculation, low rates are always good. But, as
is typical, they have it backwards.
I believe that
ultra-low interest rates are among the biggest impediments currently preventing
genuine economic growth in the US economy. By committing to keep them near zero
for the next two years, the Fed has actually lengthened the time Americans will
now have to wait before a real recovery begins. Low rates are the root cause of
the misallocation of resources that define the modern American economy. As a
direct result, Americans borrow, consume, and speculate too much, while we
save, produce, and invest too little.
It may come as
a shock to some, but just like everything else in a free market, interest rate
levels are best determined by the freely interacting forces of supply and
demand. In the case of interest rates, the determinative factors should be the
supply of savings available to lend and the demand for money by people and
business who want to borrow. Many of the beneficial elements of market
determined rates are explained in my book How an
Economy Grows and Why it Crashes. But allowing the government
to determine interest rates as a matter of policy creates a number of
distortions.
It was bad
enough that the Fed held rates far too low, but at least a fig leaf of
uncertainty kept the most brazen speculators in partial paralysis. But by
specifically telegraphing policy, the Fed has now given cover to the most
parasitic elements of the financial sector to undertake transactions that offer
no economic benefit to the nation. Specifically, it will simply encourage banks
to borrow money at zero percent from the Fed, and then use significant leverage
to buy low yielding treasuries at 2 to 4 percent. The result is a banker’s dream: guaranteed low
risk profit. In other words it will encourage banks to lend to the government,
which already borrows too much, and not lend to private borrowers, whose
activity could actually benefit the economy.
This reckless
policy, designed to facilitate government spending and appease Wall Street
financiers, will continue to starve Main Street of the capital it needs to make
real productivity-enhancing investments. American investment capital will
continue to flow abroad, denying local business the means to expand and hire.
It also destroys interest rates paid to holders of bank savings deposits which
traditionally had been a financial pillar of retirees. In addition, such an
inflationary policy drives real wages lower, robbing Americans of their
purchasing power. The consequence is a dollar in free-fall, dragging down with
it the standard of living of average Americans.
Until interest
rates are allowed to rise to appropriate levels, more resources will be
misallocated, additional jobs will be lost, government spending and deficits
will continue to grow, the dollar will keep falling, consumer prices will keep
rising, and the government will keep blaming our problems on external factors
beyond its control. As the old adage goes, “insanity is doing the
same thing over and over again and expecting different results.” ‘
Peter Schiff
is CEO of Euro Pacific Capital.
Train Reading: The Stock
Market Is Insane The Wall Street Journal
‘The stock market has lost its mind — Bethany McLean in Slate
Are US banks
turning Japanese? — FT
Alphaville
How’s that austerity working
out for you, UK? — Econbrowser
Can Jeremy
Grantham profit from ecological mayhem? — NY Times
Magazine
Authors and
critics reveal which lit classics they consider overrated — Slate
It’s not so easy applying
Moneyball principles to soccer — WSJ ‘
In theory, the
stock market is supposed to reflect the prospects for the economy—the earnings potential of
the stocks that make up the Dow Jones Industrial Average. But there's more than
one reason to believe that what's going on now has little to do with any
rational view of the future, and a lot to do with the market itself. "Dip
your toes into any risk asset right now and understand that you are not
entering into anything remotely resembling a normal market environment,"
wrote David Rosenberg, the well-respected former Merrill Lynch analyst who is
now the chief economist at Canadian firm Gluskin Sheff, in his recent
newsletter. "Dysfunctional is more like it."
The first
factor to consider is that the huge rebound in stocks and in all sorts of risk
assets from the spring of 2009 until May of this year wasn't necessarily driven
by a belief that better times were coming. It was driven by a belief that
investors had to buy riskier assets given the Fed's determination to hold
interest rates near zero. Because investors can't get a return in
"safe" assets—indeed, a small return will get chewed up by
inflation—they
are driven to riskier assets. As more investors pile in, everyone is driven
further out along the risk curve.
This is what
traders call "risk on." What they mean is that you'll be rewarded for
buying risk, regardless of reality. The Fed's second round of quantitative
easing ("QE2"), in which it bought $600 billion of Treasuries in
order to keep interest rates low, encouraged this investment strategy. "We
had a nice two-year rally in risk assets and something close to an economic
recovery, but as we had warned, it was built on sticks and straw, not
bricks," wrote Rosenberg. "This isn't much different than the
financial engineering in the 2002-07 cycle that gave off the appearance of
prosperity."
The Fed intended this to end happily. The
fake wealth created by a soaring market was supposed to turn into real wealth,
because rich people, who control much of the economy and who have much of their
money in the market, were supposed to spend more. But it hasn't worked, partly
because of problems in the rest of the world—the tsunami in Japan, the
financial crisis that's brewing in Europe—and partly because our own economy is too deep in
hock to achieve the necessary stimulus. As Howard Marks, the chairman of
Oaktree Capital Management, put it in his recent letter,
"The world has awakened to the undesirability of ever-growing government
debt."
You can think
of the Fed's medicine as a painkiller. It allows everyone to pretend that bad
stuff isn't happening, until something shatters the illusion and the
comfortable numbness abruptly gives way to panic. There's massive selling. Then
the Fed reassures everyone that its toolbox isn't empty just yet—witness the big upturn on
Aug. 9 after the Fed said
it would likely hold rates near zero until mid-2013 (a worthless prediction if
inflation surges)—and the market soars. Risk on!
It's hard to
develop any real conviction about the direction of the market when so much
depends on the actions of the Federal Reserve. That's especially true because
even the members of the Federal Reserve Open Market Committee aren't all in
agreement. Three members voted against the Fed's Aug. 9 announcement.
Complicating matters is that the short term direction of the real economy is
also at the mercy of the government. The key line in this Wall Street Journal story: "As goes
government spending, so goes the U.S. economy."
Another
possible factor in the madness is forced selling by big hedge funds. There are rumors
that funds are getting hit by margin calls, or that funds that are having a bad
year are getting redemption requests from investors, thereby forcing them to
sell. Most of the gossip has focused on John Paulson (the hedge fund manager
who famously made his fortune by shorting securities backed by subprime
mortgages), given the big positions he was known to have in stocks that have
gotten trashed. But if Paulson is hurting, he's probably not alone. "No
way big guys could have gotten out," one trader tells me via email.
"Big hedge funds with all the same big positions. This move down happened
so fast that they are trapped." If this theory is right, then sudden
rallies like Thursday's upturn will be followed by more selling, as hedge funds
take advantage of the ability to get out.
The last explanation
I've heard is that most of the buying and selling hasn't been driven by real
people, but rather by computers. Hello, HAL 9000! In the
last five years, computer-driven trading, whether controversial high-frequency
trading or just programs that buy baskets of stocks based on technical figures,
has become a bigger and bigger part of the market. Depending on how you define
it, sources tell me it constitutes 70 percent to 90 percent of trading now.
"The human element is gone," one trader tells me. At least some
people believe that the presence of computers exacerbates the big moves up and
down. According to this paper by X.
Frank Zhang, an associate professor of accounting at the Yale School of
Management, "high frequency trading is positively correlated with stock
price volatility." Zhang goes on to say that the "positive
correlation is stronger among the top 3,000 stocks in market capitalization and
among stocks with high institutional holdings. The positive correlation is also
stronger during periods of high market uncertainty." Zhang's academic work
is supported by the observations of those who have been in the market for a
long time. "I suspect that the real culprits here are the computers Wall
Street has programmed and unleashed to trade and manage portfolios," wrote
John Bollinger, who has been publishing his Capital Growth
Letter for more than two
decades. "The sort of mindless selling that we are seeing is most likely
the result of machines trading and human beings desperately trying to keep up
with them."
Should you
buy? Should you sell? No one knows. The world is always an uncertain place, but
right now it's more uncertain than usual, whether about the ultimate resolution
of Europe's crisis or about how the U.S. will reduce its debt and get the
economy growing again. Or perhaps I should say reduce its debt or get the economy growing, since it's unlikely to
achieve both at the same time. This inability to guess what the future holds
means that madness rules.’
Withdrawals From Stock Funds
Biggest Since ’08 Aug 12th, 2011
15:32 by News (Bloomberg) — Investors pulled the
most money from global stock funds since 2008 in the past week as the Standard
& Poor’s
downgrade of Treasuries and the deepening European debt crisis prompted a
flight into cash and gold. Funds that buy global equities
suffered $3.5 billion in net withdrawals in the week ended Aug. 10, the most
since the second week of October 2008, according to Cameron Brandt, director of
research at Cambridge, Massachusetts-based EPFR Global. Investors removed $11.7
billion from funds that invest in U.S. equities, the most since May 2010 when
investors pulled money following a one-day market crash that briefly erased
$862 billion.“This
week had a feeling of capitulation as we saw investors running for cover,” Brandt said in a
telephone interview. “The last time we saw this kind of flight to safety” was in 2008, he said.’
U.S. Consumer Confidence Drops
to Three-Decade Low Amid Economic Headwinds Aug
12th, 2011 13:10 by News (Bloomberg) — ‘Confidence among U.S.
consumers plunged in August to the lowest level since May 1980,
adding to concern that weak employment gains and volatility in the stock market
will prompt households to retrench.The Thomson Reuters/University of Michigan
preliminary index of consumer sentiment slumped to 54.9 from 63.7 the prior
month. The gauge was projected to decline to 62, according to the median
forecast in a Bloomberg News survey.’
Pity the Policymakers July 21st, 2011 by News by Mohamed A. El-Erian (Project Syndicate) —
‘I don’t know about you, but whenever I am in an airplane experiencing
turbulence, I draw comfort from the belief that the pilots sitting behind the
cockpit’s closed door know what to do. I would feel very differently if,
through an open door, I observed pilots who were frustrated at the poor
responsiveness of the plane’s controls, arguing about their next step, and
getting no help whatsoever from the operator’s manuals. So it is unsettling
that policymakers in many Western economies today resemble the second group of
pilots. This perception reflects not only the contradictory pronouncements and
behavior of policymakers, but also the extent to which economic outcomes have
consistently fallen short of their expectations.This perception is evident in
Europe, the United States, and Japan, where indicators of economic sentiment
are deteriorating again, already-weak recoveries are stalling, and
over-stretched balance sheets are becoming even more precarious.’
Is America The Next Greece?
at Forbes Marc Schindler
‘After many years of overeating (overspending) Greece is in the emergency room
with a major financial heart attack and America isn’t far behind.
The doctors
(IMF, European finance ministers, the ECB, etc.) are running around trying to
save it. Open heart surgery (loans guaranteed by others) has averted the
immediate crisis, but Greece is just as overweight today as it was before the
crisis. Attempts to lose weight through exercise (austerity measures) cause
serious chest pains (riots). The doctors don’t want to admit it, but
all signs point to a heart transplant (default) as the only way to get Greece
onto its feet again.
Greece isn’t the only one. It is a
veritable epidemic. Ireland, Italy, Portugal, Spain and a host of other
countries are having chest pains. Iceland is feeling better now with its
freshly transplanted heart. The American home owner is still in the hospital
from his financial heart attack after gobbling up vast quantities of real
estate, and it has been many decades since Uncle Sam last could see his toes.
By most
accounts (e.g. here or Bill Gross‘ statements in a recent
interview) total hidden government liabilities add up to about $60-$100
trillion. That is on top of the $14 trillion of debt carried on the balance
sheet. Adding up those liabilities, the US owes at least five times GDP, which
currently sits at about $15 trillion. For comparison, Greece’s debt is about 1.5 times
its GDP.
This is not
really a fair comparison, because it leaves out any hidden liabilities Greece
may have. The US debt figure includes unfunded entitlements, state and local
debt, and underfunded public pensions. Nevertheless, it is clear that this is
an unsustainable debt load even if the estimates turn out to be off by a factor
of two or four.
Uncle Sam is
already more overweight than Greece ever was. If he doesn’t change his ways, he
will end up in the hospital like Greece, but at present he is partying like
there is no tomorrow, gorging himself on entitlement spending, costly wars,
bailouts, subsidies, and countless other delicacies.
Perhaps it
would not be such a bad thing if the talks about raising the debt limit failed.
After Uncle Sam suffers the resulting self-inflicted mild heart attack
(temporary default) and finds out how much fun it is to fetch up in the
emergency room, he might be more inclined to take care of himself, slim down,
and stick with an exercise regime.
Some kind of a
wakeup call is necessary while there is still time to deal with our debt
problem. The only way to address it is for Washington to do its job: get
everybody to recognize that there is a problem, find a solution that demands
some sacrifices from everyone, and work together across party lines to
implement it. In the current political environment that does not seem to be
possible. Something needs to change the environment. Greece shows that the
alternative is not pretty.’
Corporate Earnings Soar Amidst
a Dismal Job MarketWall St. Cheat Sheet [That game’s about to
end! In fact, that game’s over! Dave's Daily 'If you can keep interest rates this low this long, its
inevitable cheap financing can allow companies to start cobbling each other up.
Further Ben's policies allow companies like IBM to sell bonds at 1% and buy
back shares with the proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary Dealers can buy back
their shares and pay dividends with what essentially is taxpayer money-- ]
Standing on the
precipice – and ready to jump July 21st, 2011 News By Wolfgang
Münchau ( Financial Times) — ‘It looks like there will be deal on a eurozone
package for Greece. The full details are still missing, but it appears that the
eurozone is forcing Greece into a selective default. As part of such a package,
short-term Greek debt will be more or less forcibly converted into long-term
debt. The wretched bank tax is mercifully off the table. And the European
financial stability facility will most likely be allowed to purchase Greek debt
at a discount. LET US NOT MINCE WORDS HERE. THIS WOULD BE
A DEFAULT, THE FIRST BY A WESTERN INDUSTRIALISED COUNTRY IN A GENERATION.
I
am not quite sure how it is possible for the European Central Bank to agree to
this, or to all of this. But I will surely be intrigued to hear how Jean-Claude
Trichet will manage to be consistent with what he said a few days ago. There
are also reports that the eurozone leaders may accept a more flexible EFSF
beyond those bond purchases.’
State Finances Are Worse Than
You Think at Forbes
So Far, Market Ignoring Dire
Warnings at Minyanville
The Greater Depression Is Upon
Us by David Galland http://www.lewrockwell.com/orig10/galland34.1.html Casey Research Recently
by David Galland: The Road to Perdition ‘The phrase “Greater
Depression” was coined by Doug Casey a decade or
so back as a way of describing the economic crisis he foresaw as inevitable,
and which is now materializing.
Because I think it is important for
every organization to constantly challenge its own assumptions, I’ve
long acted as something of a devil’s advocate here at Casey Research. By
constantly pushing our analysts to revisit their assumptions and calculations,
it is my firm intention for us to spot the fork in the road that indicates it
is time to shift strategies away from investments designed to do well in the
face of a currency debasement and to something else.
Being attentive to that fork in the
road is hugely important, because even though we urge our subscribers not to
overdo their exposure to inflation hedges, we recognize that many do. Many a
good person had their clocks cleaned in the early 1980s solely because they had
become overly enamored of their precious metals –
so much so that they stopped thinking of them as an asset class and began
thinking of them more in the terms one might associate with an amorous dinner
date. Thus these investors were utterly unprepared when said date stood up and
broke a dinner plate over their heads.
With that brief setup, I want to make
our views clear: While we correctly anticipated the recent correction in
precious metals, this correction is but a blip in a secular bull market that is
very much intact.
Doug Casey has often said that the
unfolding crisis is going to be even worse than he expects (which is saying
something), and the longer the rest of us at Casey Research study the tea
leaves, it is hard to disagree that the Greater Depression is still ahead.
Consider:
Watch Out: 2011 Looks A Lot
Like The Market Top In 2007 at Forbes Sean Hanlon Back on December 12, 2007 I wrote a market commentary that
started as follows:
The equity markets have been very volatile this year, but also
range bound. A picture speaks a thousand words so all one needs to do is
view the chart below of the S&P 500 Index to understand just how volatile
and range bound things have been. Specifically, since February 20, 2007,
only nine and one half months or so ago, the S&P 500 Index has been down 5.86%, up 13.02%, down 9.43%, up
11.26%, down 10.09%,
and now up 7.73% – through
12/10/07 – so far in this
latest up leg! All this in ONLY nine and one half
months!
http://blogs-images.forbes.com/advisor/files/2011/07/market-commentary-1.jpg
History is
repeating itself so far in 2011, which has been fraught with ups and downs in
both international and domestic equity markets. This is due to many
things, including the considerable economic doubts and various countries debt
situations. This uncertainty has translated into market performance with direct
impacts on portfolio returns and more prominently in portfolio volatility. This
volatility is best seen in the chart below of the S&P 500 Index beginning
1/1/11.
http://blogs-images.forbes.com/advisor/files/2011/07/market-commentary-2.jpg
2010 ended
positivity and the momentum carried into the first two months of 2011 however
the end of February began a series of events that led market returns on a
whipsaw ride of ups and downs, resulting in the current universal mid-year
views of market uncertainty.
What news was
associated with this volatility? All the usual; crude oil prices, natural
disasters, corporate earnings, politics, economic forecast revisions for both
developed and emerging markets, the European debt situation, the United States
debt situation and more to name just a few.
One thing is
for certain; the current volatile, range bound market activity is difficult at
best to profit from. In this investing environment patience is the most
important attribute. I will be patient and will be careful until the
trends are preferable.
Our strategy
at Hanlon Investment Management is to attempt to minimize downside risk by
exiting risk asset classes, such as equities, during periods of uncertainty,
getting invested in more conservative asset classes, such as money markets and
short-term bonds, and re-entering into risky asset classes when we identify
them as attractive, when the trend is our friend and positive!
Having
identified this volatility, in June we made defensive, tactical investment
decisions that provide less exposure to these volatile, range bound markets and
prepare us to re-enter the markets when they possess improved risk
characteristics.’
Deficit Ceiling and Stocks -
Expect the Unexpected ETFguide Simon Maierhofer, July 19, 2011, ‘A number of cliches come to mind when
talking about the U.S. debt situation. The most appropriate might be: 'You
can't have your cake and eat it too.' The least applicable is probably: 'Never
put off until tomorrow what you can do today.'
But if you
think the U.S. will default on some of its obligations anytime soon, you don't
have enough faith in the government's most potent weapon - extend and pretend
(another cliche that's become the modus operandi).
Since 1960,
Congress has acted 78 separate times to permanently raise, temporarily extend,
or revise the definition of the debt limit. Chances are Congress will act again
before the August 2 deadline. That however isn't good news.
By the end of
this article you will know the common sense, no nonsense, deficit ramifications
for the stock market and why even 'a deal' isn't good news.
USA Inc. -
Income Statement
If the United
States was a corporation - USA Inc. - here's what the Income Statement would
look like:
Total federal
spending in 2010 amounted to $3.456 trillion. Total receipts added up to $2.162
trillion. USA Inc.'s 2010 deficit was $1.294 trillion.
The 2011
federal budget is $3.7 trillion with a projected deficit of$1.6 trillion. But
there's no reason to despair, just before April 15,Congressional leaders were
able to agree on $39 billion worth of budgetcuts for the remainder of the year.
Senate
Majority Leader Harry Reid hailed this heroic effort as a 'historic' level of
cuts. To quantify just how 'historic' that effort was we'll put it in
percentage terms -1%. The cut amounted to only 1% of the 2011 budget.
Apparently it wasn't enough. Thanks to extend and pretend we've arrived at the
next deadline.
Stocks
Applaud ... and Decline
Keep in mind
that back in mid-April when the 'historic' $39 billion cut was hammered out,
the S&P was at about 1,300. Following the 'resolution' of the budget
problem stocks rallied about 5%.
The April 3
ETF Profit Strategy Newsletter featured the chart below (due to size
restrictions the chart had to be reduced). As per the chart and accompanying
analysis, the Newsletter expected a rally to the next Fibonacci resistance at
1,369, followed by a bounce off the Fibonacci support at either 1,229 or 1,255
and an attempt to take out the previous high.
http://www.etfguide.com//contributor/UserFiles/8/Image/5%20-%20April%203%20TF.jpg
This outlook
was based purely on technical analysis with no regard for the deficit problem
or European debt woes (we'll take a look at an updated technical forecast in a
moment). The S&P did top at 1,370 on May 2. Thereafter it dropped to 1,259,
and tried to take out the previous high (the S&P rallied as high as 1,356
on July 7and stumbled thereafter).
USA Inc.
- Balance Sheet
If you think
the Income Statement looks bad, you may not want to look at the Balance Sheet.
Consensus estimates for unfunded obligations vary. Mary Meeker pegs the
shortfall at $31 trillion, PIMCO's Bill Gross estimates the unreported debt to
be $75 trillion, while other estimates exceed $100 trillion.
The
Deficit and Stocks
When President
Obama took office in January 2009, the federal debt was 70% of GDP or $10
trillion. Today the deficit is close to 100% of GDP at $14.3 trillion. As
per a recent AP report, President Obama had to scroll down his demands and
would now be content with a $2.4 trillion debt ceiling increase to make it last
beyond the 2012 elections.
No doubt, the
President would like the deficit issue put on hold until he's re-elected. It
seems like everyone has an agenda that takes priority over solving the actual
debt issue. The whole game could be summed up as White House budget director
Jack Lew put it: 'That all these ideas do is say let's kick the can down the
road so that others will deal with it.'
This, by the
way, is why the pre-election year of the Presidential election year cycles has
seen gains consistently since 1939, because the incumbent party will do what it
takes to remain in office longer.
A
lose-lose Situation
The drawback
of the deficit situation is that there is no easy way out. The government has
to either cut spending (as in fewer benefits for Americans) or increase revenue
(as in higher taxes).
Pick your
poison. Either choice will kill the economy. Of course, you can extend and
pretend, which is probably what will end up happening. No matter how much lip
stick you have at your disposal, a pig remains a pig. The deficit is a big
(red) pig.
What is worse,
a $14.3 trillion deficit today, or a $16+ trillion deficit (according to
Obama's wish) in 2012? Debt is like gangrene, dry rot or mold, it doesn't just
go away, it gets worse (ask Greece, Ireland, Portugal or any of the other
PIIGS).
Eliminate
Variables
Using European
(NYSEArca: VGK - News) debt troubles as a benchmark, there
hasn't been a direct correlation between U.S. stocks and European debt. To
generalize this even further, there hasn't been a real correlation between the
U.S. deficit issue and U.S. stocks.
It was in June
2009 that Greece admitted to having a 'small' problem. Stocks rallied
throughout the remainder of 2009, most of 2010 and some in 2011. The same is
true for the MSCI EAFE ETF (NYSEArca: EFA - News) and Emerging Market ETF (NYSEArca: EEM - News).
Admittedly,
the U.S. is a much bigger problem than the PIGGS, but the principal remains the
same - basing investment decisions on the outcome of debt negotiations is
tricky because the market has a mind of its own.
Since early
2010, every single time the major indexes a la S&P (SNP: ^GSPC), Dow (DJI:
^DJI), and Nasdaq (Nasdaq: ^IXIC) sold off more than a few percent, it's been
blamed on Greece. What many don't consider is that the market was helplessly
overbought in January, and April 2010 and 2011 and due for a correction anyway.
It seems like Greece has been a scapegoat more often than the actual cause.
Perhaps it's a game of chicken and the egg. Which came first?
No
Chicken-Egg Game
It has been
more beneficial and profitable to rely on solid technical analysis rather than
playing the chicken and egg game.
Technical
analysis along with sentiment readings pegged a market bottom of the same
degree at S&P 1,259 - 1,245. That was the opinion of the ETF Profit
Strategy Newsletter on June 15 (one day before the 1,258 bottom):
'The 200-day
SMA at 1,257 is sandwiched between the 1,255 Fibonacci projection level dating
back to 2002 and this week's s1 at 1,259. Wednesday's low was at 1,261.9. If
this low is not enough, there is a strong cluster of support at 1,259 - 1,245.
A drop into the 1,259 - 1,245 range would prompt us to close out short
positions and leg into long positions' (long positions were closed out at
S&P 1,345 on July 7).
There was no
fundamental good news on June 15 or 16. Some of the headlines featured on June
15 were:
'Is the bull
market over? A look at four different sentiment measures suggests that more
pain may await investors.' - Barrons
'Greek default
could trigger chain reaction' - AP
'Confidence is
eroding among U.S. factories, consumers' – Bloomberg …’
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 that warns of phase II of the global crisis.
Once again I
see all the “canaries
in the mine,”
which warned of the 2008 crisis. My just released book, Financial
Apocalypse , provides the clues and the road map, with charts, of
how my indicators successfully predicted the meltdown that occurred in
the fall of 2008. This book is a guide for detecting the next crisis whenever
it occurs. History repeats, or at minimum, it rhymes.
My work shows
that “the
new recession has started.” The May 9 issue of the Wellington
Letter was headlined: “Return of the Double-Dip.” At the time,
economists were looking for a great economy in the second half. Now they talk
about a “soft
patch.”
Over the past 33 years, we have called the start of every recession, often on
the exact month, or within one month, of the official start as determined one
year later by the official arbiter of recession, the National Bureau of
Economic Research (NBER).
How can we be
in recession now when the GDP still shows growth? Because of improper inflation
adjustments. “Real” GDP growth, the headline
number, is nominal growth minus the rate of inflation. However, inflation is
far understated for political reasons.
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,
according to free market economists who calculate inflation as it was done in
1980 before the politician re-engineered it, is now more than 11%. Using that
to adjust GDP for inflation, would show that the economy is now in a very sharp
contraction.
When the
current euphoric earnings forecasts of Wall Street finally reflect that via
significant “earnings
downgrades,”
the stock market will see a serious “adjustment” as well.
On July 18,
Goldman Sachs (GS) substantially
lowered its economic growth forecast. Marketwatch.com had this headline: Goldman Sachs
slashes Economic Forecasts.
The next step will be for them to substantially reduce earnings forecasts for
the S&P 500.
Will the phase
II be as bad as the 2008 crisis? The last crisis was confined to the private
sector, i.e. financial institutions. The next one will be involve the
threatened default of entire countries. The last time, the central banks bailed
out the financial firms and even Warren Buffett bailed out several firms. Who
is big enough to bail out entire countries? Or will the term of “too big to fail” turn to “too big to bail?”
Bert Dohmen is editor of the Wellington Letter and
author of Financial Apocalypse.’
3 Top Crooks Still Roaming
Free After the Economic Crash Wall St. Cheat Sheet July 25, 2011, The global economy and stock markets took
a nose dive in 2008. But that hasn’t stopped some of the biggest masterminds
from escaping a day of luxury.
Here are three
financial crooks who are probably sipping daiquiris in Capri at our
expense:
Lehman
Brothers CEO Richard S. Fuld, Jr.
Few executives
were as intimately and extensively involved in the downfall of their firms as Dick Fuld . At the
time of the financial collapse, Fuld had worked for Lehman Brothers for nearly
40 years, and had been the firm’s chief executive since 1994. In that role, not only
was he the longest-tenured CEO on Wall Street at the time of the financial
crisis, but he was considered one of the best. He was named Institutional
Investor magazine’s top chief executive in
the private sector in 2006. The following year, he was paid more than $21
million in cash and stock on top of his base salary of $750,000 a year after
the bank’s net profit rose
5% to a record $4.2 billion. And as recently as March 2008, Barron’s listed him on their
list of the 30 best CEOs, referring to him as “Mr. Wall Street”.
When the
financial crisis hit, Fuld was one of the few executives to hold onto his
position. He counted himself responsible for the company, but didn’t realize just how much
real estate loans and other toxic assets were weighing on his balance sheet.
Instead, he remained confident in the firm that he helped grow from a negative
profit in 1993. His hubris can somewhat be understood, given the firm hadn’t reported a single
quarterly loss since it went public. But Fuld was wrong. He overestimated the
value of his firm, rejecting offers that could have saved it from collapse
because they didn’t adequately reflect what he felt the firm was worth.
We know that
sub-prime mortgages were almost solely responsible for the financial crisis,
and a large part of the Wall Street’s fourth-largest investment bank’s worth was held in its
mortgage business, where mortgages were re-packaged and sold to other
investors, often for more than they were really worth. In fact, Lehman was the
top U.S. underwriter of mortgage bonds in 2006 and 2007, accounting for roughly
10% of the market. As CEO, Fuld was responsible for buying those assets, which
ultimately became toxic and impossible to unload. But whether or not Fuld can
be held wholly responsible for the firm’s loan practices, he can be held responsible for the
firm’s
bankruptcy. As late as August 2008, after many CEOs had already been forced to
resign, he rejected an offer by state-run Korea Development Bank to buy a 25%
stake in Lehman for $4 billion to $6 billion.
There’s no question that the
firm Fuld helped build, that he’d been a part of since 1969, where he held the top
position for 14 years, was criminally responsible for the financial crisis. In
fact, it may be the most culpable, given the sheer volume of sub-prime
mortgages underwritten by Lehman in the years leading up to the market
collapse. On September 15, Lehman became the largest firm to file for bankruptcy
in history, dealing a devastating blow to an already fragile financial system.
A few weeks later, Fuld was summoned to appear
before Congress as part of an inquisition. He was also investigated
by three United States Attorneys offices in New York and New Jersey. But
ultimately Fuld walked away from Lehman Brothers having pocketed nearly $500
million just in his last six years with the firm, years during which Lehman’s sub-prime mortgage
practice was contributing to what would ultimately cost taxpayers $700 billion
in a government-issued bank bailout program. Fuld was never charged with or
convicted of any crimes.
AIG
Financial Products CEO Joseph J. Cassano
As a founding
member and head of AIG Financial Products, Joe Cassano was
responsible for selling hundreds of billions of dollars worth of credit
protection in the form of credit-default swaps (CDS) on U.S. sub-prime mortgages,
a form of insurance that didn’t require that AIG put down any form of collateral.
So when the financial crisis hit in 2008 and investment banks requested the
insurance money for their collapsing derivatives, AIG was unable to pay what
was owed and ultimately had to be bailed out by the government, receiving about
$170 billion in taxpayer money.
Cassano
resigned from his position at AIG FP in March 2008, having pocketed $280
million in cash and an additional $34 in bonuses. He even managed a $1 million-a-month
retirement package that kept him on at AIG as a “consultant”. Cassano even went on
record denying
any fault on the part of AIG, saying,
“We believed until late 2005 that banks and other
mortgage originators were applying appropriate standards when writing
mortgages. When we recognized — well before many others — that changes in the
mortgage market likely presented increased risk for future deals, we decided to
exit the subprime business. We thought the decision was appropriate, despite
the lost profits at the time. With hindsight, the decision looks even more
prudent.”
Cassano went
so far as to blame the bailout for losses on CDS contracts, saying there would
have been few, if any, had they not been unwound by the bailout. Testifying
before the Financial Crisis Inquiry Commission, Cassano fully defended his firm’s CDS practices,
outlining the careful approval and monitoring system that, “specifically identified
risk factors and provided an analysis of those risks.” Cassano insisted that
AIG had not miscalculated the risks of sub-prime mortgages.
However,
Cassano was directly responsible for AIG’s credit-default swaps program that put the firm’s many clients, including
Goldman Sachs, in danger when it was unable to pay out on insurance
claims. He essentially sold billions of dollars worth of vapor — he failed to provide
what had been paid for by the firm’s clients. That sounds remarkably like fraud, the
grounds upon which many investors have filed suit against Cassano. In fact,
regulators in both the U.S. and the U.K. investigated Cassano’s acts to determine
whether they had been criminal. But like just about every executive responsible
for the financial crisis, Cassano was not ultimately charged with any wrongdoing,
and remains a free man.
Countrywide
Financial Chairman and CEO Angelo Mozilo
Ranked second
by Condé Nast Portfolio on their list of the “Worst American CEOs of All Time”, Angelo Mozilo was
charged in 2009 of insider trading and securities fraud by the U.S. Securities
and Exchange Commission. Mozilo personally sold hundreds of millions of dollars
in stock while using shareholder funds to buy back stock to support the share
price. He is also responsible for what has been termed the “Friends
of Angelo” VIP program under which several influential
lawmakers, including Senate Banking Committee Chairman Christopher Dodd, as
well as many Fannie Mae employees and other “Friends of Angelo”, received discounted
mortgages.
However,
Mozilo was allowed to settle with the SEC on all charges. He agreed to pay
$67.5 million in fines, the most ever exacted from an individual in
connection with the 2008 financial crisis, and he was banned from ever serving
as an officer or director of any other public company. Robert
Khuzami, director of the SEC’s Division of Enforcement, said that “Mozilo’s record penalty is the
fitting outcome for a corporate executive who deliberately disregarded his
duties to investors by concealing what he saw from inside the executive suite.” But in settling, Mozilo
was able to avoid a trial and any subsequent criminal charges, and was not
required to acknowledge any wrongdoing.
Mozilo’s net worth has been
estimated at roughly $600 million. And because of the indemnification agreement
in his contract with Countrywide, the firm was responsible for paying roughly
one-third of his fines, leaving Mozilo with a bill of $47.5 million — that’s less than 10% of his
worth. Aside from Bernie Madoff, the
only executive tied to the financial crisis to be criminally prosecuted and
convicted, Mozilo’s settlement is the greatest punishment inflicted on
any executive responsible for the country’s economic collapse, and falls desperately short of
true justice.’
Debt, Deficits and the Demise of the
American Economy' - Author Peter Tanous Discusses Risk
US Equities Forecast and the
Anticipated Path of the Market at Minyanville Peter Prudden July 25, 2011 ‘… the headline
risk remains to the downside and the bogey to lower equity prices in the short
to intermediate term is concentrated on the U.S. Debt ceiling. At some point,
not only must all developed economies deal with marking down to the level of
income, but we must restructure large amounts of excess leverage. Until we
accomplish this, growth will be problematic…’
Putin says U.S. is "parasite" on global
economy [Unfortunately, this is very true. More unfortunately is the
fact that most worldwide don’t realize that fact! I mean, think about it:
pervasively corrupt, defacto bankrupt america’s cancerous perma wars, over-printed debased ‘Weimar’
paper ‘reserve’ currency, huge frauds in securities and otherwise, etc.. ]
3 Reasons Why This
Summer Could Get Ugly Simon Maierhofer, July
29, 2011 [ Well, before getting to the article, we all know why: because …
‘Sell in May, and go away!’ … Quite simple, as previously set forth here and
elsewhere, you should have ‘sold in May, and went away!’ Why? Because …
as Rosanne Rosanna Danna formerly of SNL fame
and as her mama always used to say, ‘it’s always somethin’’ … but
unfortunately, that somethin’ is not necessarily what they say it is. ] ‘It seems
like the European Union and U.S. government are stuck in a never ending game of
Whac-A-Mole. It seems like more moles are popping up more quickly, needing more
force to be subdued (ironically the moles come back just as the problems do)…’
Mapping the Myths of the U.S.
Economy - Stacy Curtin ‘In
The Real State of America Atlas: Mapping the Myths and
Truths of the United States, authors Cynthia Enloe and Joni Seager paint a vivid
picture of life in the U.S., using a series of charts, graphics and short
essays that cover almost every aspect of the nation's economy and society as a
whole.
Not only do
they give state-by-state comparisons, they show how the U.S. measures up to the
rest of the world in areas such as health care, housing and defense. But while
analyzing what it's really like to live in the U.S. today, they also uncovered
a few "myths and truths" as the title of the book suggests.
Enloe and
Seager joined The Daily Ticker's Aaron Task to share three of the most
surprising misconceptions they uncovered.
#1 Land
of Homeowners
The dream of
owning a home is actually more the reality in other countries. In the book, the
authors point to the most recent data, which show only 68% of Americans owned
their home in 2002, compared with 92% in Hungry, 84% in Mexico, 72% in the U.K.
and 71% in Australia.
"One of
the things that is a cherished notion about America is we are a nation of
homeowners, and homeownership has long been seen as kind of the bedrock of the
American dream," says Seager. "I think the current economic crisis
and the housing crisis is really shaking that American cherished view of
ourselves as having easy access to homeownership."
This is
evident in another stat laid out in the book, which shows 83% of people agreed
that buying a home was a safe investment in 2003, compared with 70% in 2010. (See:
Why I Am Never Going to Own a
Home Again) { Home ownership hits lowest level since 1965 NEW YORK
(CNNMoney) Les Christie August 5, 2011 As the
foreclosure crisis continues to wreak havoc on the housing market, a source of
national pride has taken a sour turn. Home ownership is on the decline and,
according to a recent Morgan Stanley report…’ }
#2 Land
of Opportunity
Just like the
ideal of owning a home, opportunity in this country is now also on the brink.
"Opportunity
in this country means a chance for an education … [and] a chance for a
decent job that allows you to have a decent life," says Enloe, who points
to two key factors that hinder people making it here in America.
#3 Land of Givers
While the U.S. does give more money in foreign aid
than any other country in the world, as a percentage of GDP it falls way behind
many other nations.
Whereas Sweden gives almost 1% of its GDP in 2008,
the U.S. gave 0.19%.
"I think it really should shake Americans'
self-perception of two things," says Enloe. "[One] is cutting foreign
aid actually the ticket to balancing the budget, but also how do we shape up
compared to other countries' generosity?" ’
Debt Deal Is A Blank Check
at Forbes
U.S. Economic Pessimism Grows
- Stacy Curtin ‘While Democrats and
Republicans were arguing over how to prevent the U.S. from a default, families
across the country have become increasingly concerned about the overall state
of the economy, according to the American Enterprise Institute's latest
compilation of recent polls taken in various regions.
Friday's worse
than expected GDP numbers only reaffirm this notion. The U.S. economy grew less
than expected in the second quarter at 1.3%, but the bigger shock came after Q1
GDP was revised down to 0.4% from 1.9%. These numbers suggest the country could
be headed for another recession and Americans are definitely feeling the pain.
(See: 2011 Is Proving to Be a
Horrible Year For the Economy)
One of the
most disconcerting findings in the AEI report is a CBS/New York Times poll from
June. It showed that over the last year, more Americans have come to believe
the current economic downturn is part of a long-term permanent decline and that
the economy will never fully recover. In October 2010, 28% of respondents
agreed with that statement, versus 39% last month.
"Americans
are so pessimistic about the economy now ... . And the level of public
pessimism is actually higher than the deep 1981-82 recession overall," due
to grim personal outlooks on a number of issues like jobs, retirement and
health care, says Karlyn Bowman, a
senior fellow at AEI who co-authored the report. "Their negative
sentiments are affecting the way they feel about their family's future, and
interestingly, the way they feel about their state governments. Usually
negative attitudes about the national government don't seep into attitudes
about the state government, but this time it is really different. This
negative, gloomy mood is pervasive.
Speaker of the
House John Boehner echoed these concerns Thursday before one of the many failed
House votes to raise the country's debt ceiling. "This is a challenging
time for our country," he said. "Americans are worried about their
jobs. They're worried about our economy. And they're worried about our
debt."
Since the
polls in the report were conducted before the debt-ceiling debate really began
heating up over the last few weeks, one might conclude that if the same
questions were asked today the responses would be even more pessimistic.
Here are other
key findings from the AEI report:
Job
anxiety: In the past six
months, about 5% of Americans surveyed had lost their job, two in 10 said a
family member had lost a job, and six in 10 knew someone who lost a job.
In June 2011,
58 percent were very or somewhat worried they could lose a job in the next 12
months. Nearly eight in 10 say jobs are difficult to find where they live.
Around a quarter are worried about benefit or pay cuts.
Cutting
back: Americans are cutting
back on everything from health care to haircuts. Fewer than four in 10 say
their personal financial situation is in excellent or good shape right now.
Almost as many people say they are falling behind as believe they are getting
ahead, but the vast majority describe their financial situation as having just
enough money to maintain their standard of living. Inflation worries are high
and steady.
Retirement: There's been a dramatic drop in the number of
Americans who say they have enough money to retire. In 2002, around six in 10
believed they would have enough money. In the latest survey by Gallup in April,
only about four in 10 say they will.’
10 Reasons We Are Heading for
a Recession
USAGOLD RoundTable: Debt
Ceiling “Resolution” – EU Sovereign Debt Crisis Aug 3rd, 2011 15:53 by News
We’re pleased to present our latest RoundTable video
discussion with our staff experts George Cooper, Peter Grant and Jonathan
Kosares {Immediate access here} Excerpt: Now
that the debt ceiling debate is over, and the dust is settling, the market is
beginning to get a picture of what, if anything, was accomplished, and can be
expected moving forward. The $2 trillion in cuts over ten years amounts to a
small dent in our annual deficit, suggesting that the U.S. will continue to
increase its debt to GDP ratio over the coming decade. The cuts suggested will
merely slow, not reverse, this trend. In the end, this debt deal is nothing
more than a giant kick of the can down the road, and a short road at that. The
hike to the debt ceiling looks to only buy about six months, so this issue is
set to be revisited next year. The market has digested this “resolution” as such, and gold has
responded sharply higher, rising $60 in two days. The DOW meanwhile has come
under significant pressure, shedding over 800 points in a week. Things across
the pond are not looking any better. The credit facility set up by the ECB is
insufficient at best, and contagion remains an enormous risk. Spreads on
sovereign debt in Italy, Spain, Greece, Portugal and Ireland are at or near all
time highs. As talks of dramatically expanding the credit facility heat up, we’re left to wonder if its
even possible for Europe to “go big enough” to calm market jitters. With Peter Grant, George
Cooper, and Jonathan Kosares. (24 min) The Daily Market Report Aug 1st, 2011
12:01 by PG Relief?
What Relief? http://www.usagold.com/cpmforum Late
last night when party leaders and the President announced that they had reached
a bipartisan deal that would allow the debt ceiling to be raised, gold dropped about
1%. Global stocks rallied in relief and briefly, ever so briefly, gold was out
of favor. However, as the details were revealed, doubts were reignited: Doubts
as to whether such legislation could actually make it to the President’s desk. Doubts that the
deal would avert a downgrade of US sovereign debt.While the CBO scores the
package as accomplishing $2.1 trillion in spending cuts over the next 10-years,
the CBO baseline also has the deficit rising $6.7 trillion over the same
period. The premise apparently being that we’re working our way to
actual cutting by cutting to slow the pace of the nation’s proliferate spending.
In actuality —
and as evidenced below — that CBO baseline may prove to be way too
optimistic.What really lit an intraday fire under gold today was the big miss
on US July ISM, which plunged to 50.9. The market was expecting a modest
downtick to 55.0 from 55.3 in June. On the heals of last week’s much weaker than
expected quarterly GDP data, it has become abundantly apparent that the US economy
has slowed to just above stall-speed. David Rosenberg, chief economist at
Gluskin Sheff and Associates, noted last week that once the economy slows to a
growth rate of 1.6% it has proven historically to be a “point of no return” and recession follows.
With Q1 downgraded to just 0.36% and Q2 an anemic 1.3% — and likely subject to
future negative revision as well — the writing may well be on the wall.The debt deal is
a short-term kick of the can that at least initially focuses on spending cuts.
However, with no mitigation of the uncertainties that have kept private capital
sidelined for the past two-years of the so-called recovery, there is little
reason to think that a more robust economy is just around the corner. In fact,
the opposite may be true. That realization, tipped in by the ISM data, has
further escalated the QE3 talk, which prompted gold to retest the record high
set Friday at 1632.39. Relief? What relief?If we get another negative surprise
on Friday when July nonfarm payrolls comes out, as the ISM employment index
suggests we might, the QE3 talk will intensify ever more in the weeks ahead of
the Fed’s
Jackson Hole summit. Consensus on July payrolls are running around +100k,
although we could see some tempering of those expectations in light of the ISM
data.Even with the announcement of the debt ceiling deal, the dollar remains on
the ropes, falling to new record lows against the Swiss franc and the yen. If this deal makes it through both Houses of Congress
and is signed by the President, it is just another kick of the can — and a very short one at
that —
down the road. And with the specter of yet another round of quantitative easing
hanging over the market, there is little incentive to buy dollars. Now the BoJ
is once again contemplating direct intervention in the market, as I suspect the
SNB is. If there are concerted efforts to slow the rise of these currencies, it
may make gold an even more alluring option.’
S&P downgrades US credit rating from AAA
The United States has lost
its sterling credit rating from Standard & Poor's.
S&P Shocks the U.S. with Credit
Downgrade to AA+ from Prestigious AAA Rating Wall
St. Cheat Sheet August 5, 2011,
‘Standard & Poor’s is out with an official downgrade of the U.S.
credit rating:
• We have lowered our long-term sovereign credit
rating on the United States of America to ‘AA+’ from ‘AAA’ and affirmed the ‘A-1+’ short-term rating.
• We have also removed both the short- and long-term
ratings from CreditWatch negative.
• The downgrade reflects our opinion that the fiscal
consolidation plan that Congress and the Administration recently agreed to
falls short of what, in our view, would be necessary to stabilize the
government’s
medium-term debt dynamics.
• More broadly, the downgrade reflects our view that
the effectiveness, stability, and predictability of American policymaking and
political institutions have weakened at a time of ongoing fiscal and economic
challenges to a degree more than we envisioned when we assigned a negative
outlook to the rating on April 18, 2011.
• Since then, we have changed our view of the
difficulties in bridging the gulf between the political parties over fiscal
policy, which makes us pessimistic about the capacity of Congress and the
Administration to be able to leverage their agreement this week into a broader
fiscal consolidation plan that stabilizes the government’s debt dynamics any time
soon.
• The outlook on the long-term rating is negative. We
could lower the long-term rating to ‘AA’ within the next two years if we see that less
reduction in spending than agreed to, higher interest rates, or new fiscal
pressures during the period result in a higher general government debt
trajectory than we currently assume in our base case.
Investing
Insights: Is the Debt Ceiling Raise
Bullish for Gold?’
13 Reasons Why The U.S. Is Now
OFFICIALLY BANKRUPT Daily Bail | Stop the budget
lies; there are NO cuts. House passes bill to INCREASE spending by $7 trillion
over the next 10 years. ATTENTION IDIOTS IN THE MAINSTREAM MEDIA – Stop The
Budget Lies – There Are NO Cuts – House Passes
Bill To INCREASE Spending By $7 Trillion Over The Next 10 Years
Lies,
Damn Lies And Government Budgets
I am so pissed
off by the misreporting
I could spit Ken Lewis hairballs.
#1) Corporate
journalists and financial pundits know NOTHING about budgets.
#2) The Boehner
led House passed legislation this evening that INCREASES spending by $7
TRILLION over the next ten years versus a baseline budget that would
have increased spending by $9.5 TRILLION over the same period.
#3) CBO said today that LESS than
2% of the decrease in the GROWTH of spending will come before the 2012
elections. The remainder come after the election.
#4) Defense
and war machine spending will grow at 3% per year
instead of 4% per year.
#5) This was
nothing but an agreement to agree at a later date to look for reductions in
planned spending GROWTH.
#6) A Super Congress
will decide on a mix of tax increases and reductions in planned spending growth
to meet the targets at a later date.
#7) No one in Congress even
considered Ron Paul’s simple plan, now endorsed by Time Magazine as well
as liberal economist Dean Baker, to wipe out $1.6 trillion in fake debt owned
by the Federal Reserve. Debt that we owe to ourselves, that
is entirely legal to wipe away.
#8.) CBO says under this plan, the national debt will
INCREASE from $14.4 TRILLION currently to more than $25 TRILLION over the next
10 years.
#9) The assumption for #8 above assumes the economy
grows at 3% per year over the next 10 years, and that Treasury interest rates
stay at historic lows. When rates increase, and bet your life that they will,
interest on the debt will increase and so will annual deficits, leading to a
national debt much higher than the $25 TRILLION that CBO
estimates.
#10) Regarding Treasury rates and interest on the
debt, get educated about a concept called ‘DURATION RISK.’ Turbo Geithner and his MENSA bed-fellows at Treasury
have chosen to finance the great majority of recent and future borrowing in
short-term bills, which means that they have to be rolled over frequently. This
is perhaps the least-discussed and most dangerous issue related to Treasury
debt.
#12) The bill passed by Boehner tonight was the BEST
they could do after 6 weeks of fighting.
#13) Due to #12, the United States is officially
f*cked.
Thank you and good night.’
US Closer to ‘Junk Bond’
Status Than Triple-A: Bove Aug 9th, 2011 14:41 by News
August 9 (CNBC) — ‘ “You’ve got a
company which is losing about $1.4 trillion this year, probably will lose
somewhere around a trillion dollars over the next couple of years. It owes
$14.4 trillion (and) over the next five years that will get up to $20
trillion,” the Rochdale Securities analyst said.“So there’s no likelihood
whatsoever that this particular company is able to pay down from its own
resources the amount of debt that it has, nor is there any likelihood that it’s
going to get rid of its deficit,” he added. “If that was a real company, of course,
that would be a junk bond.”“I still would expect to see a thousand-point down
day at some point in this market as people come to realize there has been a
complete change in the financial structure of the world,” he said’
If U.S. Slides Into Recession,
S&P 500 Could Drop To 830 at Forbes [The pervasively
corrupt, defacto bankrupt u.s. is already in recession (actually worse)! 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 that warns of phase II of the global crisis… My work
shows that “the new recession has started.”… Over the past 33 years, we have
called the start of every recession, often on the exact month, or within one
month, of the official start as determined one year later by the official arbiter
of recession, the National Bureau of Economic Research (NBER)… However,
inflation is far understated for political reasons. 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, according
to free market economists who calculate inflation as it was done in 1980 before
the politician re-engineered it, is now more than 11%. Using that to adjust GDP
for inflation, would show that the economy is now in a very sharp
contraction…’FLASHBACK HERE: Selling In May Is Very Good
Advice This Year Harding Remember: Sell
in May and Go Away and If You’ve Not Sold by June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ PRECHTER: We're Still In A
Massive Bear Market And Stocks Will Crash To New Lows Stock Market: 4 Current
Warning Signs Navin ‘…1) The 5-year high
in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Why
The Dow Will Plunge To 7,000 By 24/7 Wall St. S&P Poised For Dropoff, Says
Initial Jobless Claims Forbes / Maureen Farrell ]
3 Ring Circus: Geithner,
Buffett, and Obama Wall St. Cheat Sheet ‘…Treasury
Secretary Tim Geithner , who said last April that there was no risk the U.S.
could loose its AAA credit rating, voiced his thoughts on the downgrade.
He said, “
They’ve
handled themselves very poorly, and they’ve shown a stunning lack of knowledge about the basic
U.S. fiscal budget math.” What exactly are they misunderstanding? The
U.S. is the largest debtor nation in the world, and spending outlays vastly
outnumber revenue. Geithner went on to say that U.S. bonds were just as
safe after the downgrade as before, and predicted that China and investors
would remain strong buyers of government debt.On Monday morning, with stock
futures heading sharply lower, Warren Buffett tried to inject confidence into
the financial markets. Buffett explained that he believes the U.S. debt
is still rated AAA, and the downgrade does not change his mind about government
debt. In fact, the legendary investor holds $47 billion in cash and
equivalents as of June 30th. He said, “ If I have to buy
Treasuries at zero percent yield, I will.” At least the large cash hoard shows that
Buffett puts his money where his mouth is. However, one also has to
wonder if Buffett’s shareholdings in Moody’s , a rival credit agency
to S&P, has anything to do with his criticism of S&P. To add fuel
to the fire, S&P also cut Buffett’s Berkshire Hathaway outlook from stable to
negative.Not to be outdone by Warren Buffett’s AAA endorsement,
President Obama made a public announcement of his own on Monday. Despite
America’s
financial hardship across the board, the President said, “ I’d give U.S. a quadruple-A
rating.”
This was puzzling for many reasons ( besides the fact there is no quadruple-A
rating). America has a hard enough time keeping its AA+ or AAA rating,
let alone achieving some pipe dream quadruple-A rating. S&P may be
the credit agency causing controversy now, but it’s not the only credit
agency to downgrade America. China’s credit rating agency Dagong , recently cut
America’s
debt rating from A+ to A, with a negative outlook. Dagong had already cut
America’s
credit rating last November from AA to A+ after QE2 was announced.By the end of
Monday, it was announced that the Senate banking committee had started a probe
into the downgrade actions of S&P. However, the damage is already
done, confidence is broken in the markets. Gold constantly reaching new
highs is a clear example of this. Perhaps the Senate banking committee
should probe Fitch and Moody’s and investigate why they still have AAA ratings on
U.S. debt?...’
Izabella Kaminska on Aug 09 2011
Thought the current turmoil was down to the downgrade
of US debt? Wrong!
According to Societe Generale’s uber bear, Albert
Edwards, this has absolutely nothing to do with S&P, the White House, Tea
Party etc. It’s
the economy stupid:
The simple fact is that the global economy is falling
back into recession or indeed is already in recession. Equity markets were sliding before the downgrade and
bond yields were reacting as one would have expected to the dire economic data.
The S&P downgrade may have caused the breach of critical support levels of
1250 on the S&P, but anything could have caused that breach and triggered
the technical rout. Expect some sort of retest of this neckline before the
market ultimately meets its date with destiny.
Recent US GDP revisions revealed QE2 to be an abject
failure as far as producing an economic recovery is concerned with dire 0.9%
annualised growth reported in H1 2011. Yet to a man with a hammer, everything
is a nail. Hence despite rising core inflation, there is certainly a level of
economic and/or market pain to prompt QE3. But expect the real fireworks to
occur when the adrenalin rush of QE3 wears off even quicker than QE2.
There are still some diehard ‘happy clappies’ out there who think we
are going to avert recession and the markets will recover. Yet US GDP
growth has now fallen below the wellknown 2% stall speed, below which the
economy does not seem to be able to regain altitude but instead crashes
directly into recession.
Which means it’s time to come to terms with the fact that recession
2.0 (or was it ever really a recovery?) is on its way whether you like it or
not:
At the current (Q2) rate of 1.6% yoy GDP growth, my
fellow bear (realist?), David Rosenberg at Gluskin Sheff, points out in the
chart below that a US recession is almost certainly a done deal (never say
certain, as in 1956, when recession was temporarily averted for all of nine
months). But with this sort of record the onus is now on the optimists
to demonstrate why on earth they still believe in a second-half recovery and
growth in 2012.
Now, anyone who bought into the dulcet tones of the
bullish brigrade is likely to do very badly. A fact which will come as hubris.
In Edwards’
opinion if you were dumb enough to listen to that story, well… you reap what you sow:
And in the same way that a country is said to get the
government it deserves, I believe the market gets the macro commentators it
deserves: i.e. perpetually bullish analysts, taking no personal risk with their
never-ending consensus chatter.
After all it was always pretty obvious what was going
to happen.
It was just a question of when, rather than if:
Put into its proper Ice Age context, the events of
the past decade are entirely explicable. As we see a short-lived economic
recovery failing only two years into the cycle and a plunge back into
recession, we remind investors that this was exactly the Ice Age template that
Japan showed us. A fragile recovery undermined by private sector deleveraging
collapses as a semi-bankrupt government tries to rein in runaway deficits.
What next? Well, it’s Ice Age 3.
Here’s how it goes and this is very much of the moment
(especially if you are a London resident):
We are now entering the third phase of the Ice Age
when another cyclical failure combines with a secular de-rating of equities and
re-rating of government bonds. I and many others have been pointing out for a
long time now the simple fact that the global economy has been living way
beyond its means for years. A massive transfer of income to the very
rich has occurred while middle class real incomes stagnated. The middle classes
only tolerated this because Central Bankers created housing booms to keep the
impoverished middle classes borrowing and spending to give them the illusion of
prosperity and stop them from revolting.
I believe the Fed and Bank of England, in particular,
were wholly complicit in this ‘daylight robbery’ (see link). These
unsustainable private sector, debt mountains were transferred to the
public sector in 2008 to prevent the adjustment to the depression-era reality that
the debt unwind would undoubtedly have brought about. Yet, those debts are
as unsustainable in the hands of the public sector as they were in the
private sector.
Central bank polices haven’t changed though. Print
and print and print. And if that doesn’t work, print some more. And as London burns, the
point I have always made is that the US and UK are not like Japan in one very
special way. Although Japan suffered a decade of pain it is a very homogenous,
equal society. The UK and US are not. Some readers may not know that rioting
and looting has broken out around London. While I hear the UK
politicians denounce the looters as common criminals (which of course they
are), I can’t help but think that Louis XVI in 1789 and Tsar
Nicolas II in 1917 might have said the same thing.
Crikey,
Here comes the revolution. Prepare.’
The Fed didn’t announce a new policy. And despite what some press
reports said, it didn’t even commit to keeping rates low; all it did was
say that if the economy stays weak, rates will stay low — well, duh — and that it might think
about doing other stuff one of these days.
Durden is amazed:
Following a 600 point plunge in the DJIA yesterday,
today we see a 400 point surge following the presentation of the weak case of
the expected Bernanke Put. And completing the amazement, the 10 Year bond,
moved to almost record lows, and then retraced virtually the entire move, as
nobody knows what central planning has in store for America any longer.
Additionally, after being up 50%, VIX is now down 22%. Congratulations Ben: in
taking central planning to nth double-down levels, you have now
broken not only the stock, but the bond market as well…’
The 10 Most Indebted
Governments in the World http://wallstcheatsheet.com/stocks/the-10-most-indebted-governments-in-the-world.html
‘…Coming in first place is Japan (NYSE:EWJ), with a
whopping $13.795 trillion in debt, just short of the the $14.27 trillion in
debt the U.S. carries .. Coming in second against Japan in terms of its
debt-to-GDP ratio is Greece, where debt is a relatively low 139% of GDPHot
Feature: Who Owns U.S. Debt? Following Greece on the list is Italy (NYSE:EWI), then
Iceland, Belgium, Ireland, and the U.S. So why isn’t Japan enduring the same
kind of financial crisis that so many countries with significantly less debt
are currently facing? The answer is simple: Japan owes most of its debt to
itself. In comparison, the U.S. owes about 30% of its debt to foreign
investors, with China (NYSE:FXI)
holding $1.1 billion in U.S. debt, more than any other country…’
Fear Index VIX Up 50%, And In Backwardation, Confirms
Fully Fledged Bear Market Volatility slapped markets in the face on Monday, surging 50% in its
biggest one-day move since February 2007. Furthermore, the whole VIX
futures curve has been inverted and is in backwardation, indi...
The Entire World Is Going Bear
Market Business Insider | A scary aspect of this selloff: There’s
nowhere safe.
8 More Reasons
Why You Should Be Deeply Concerned That The U.S. Government Has Lost Its AAA
Credit Rating The Economic Collapse | Are you ready for part two of
the global financial collapse? When we examine this “deal” that way, what does it
look like? The Economic Collapse
Aug 9, 2011 ‘Are
you ready for part two of the global financial collapse? Many now fear
that we may be on the verge of a repeat of 2008 after the events of the last
several days. On Friday, Standard & Poor’s stripped the U.S.
government of its AAA credit rating for the first time in history. World
financial markets had been anticipating a potential downgrade, but that still
didn’t
stop panic from ensuing as this week began. On Monday, the Dow Jones
Industrial Average dropped 634.76 points, which represented a 5.5 percent
plunge. It was the largest one day point decline and the largest one day
percentage decline since December 1, 2008. Overall, stocks have fallen by
about 15 percent over the past two weeks. When Standard & Poor’s downgraded long-term
U.S. government debt from AAA to AA+, it was just one more indication that
faith in the U.S. financial system is faltering. Previously, U.S.
government debt had a AAA rating from S&P continuously since 1941, but now
that streak is over. Nobody is quite sure what comes next. We
truly are in unprecedented territory. But one thing is for sure – there is a lot of fear in
the air right now.So exactly what caused S&P to downgrade U.S. government
debt?Well, it was the debt ceiling deal that broke the camel’s back.According to S&P, the debt ceiling
deal “falls
short of what, in our view, would be necessary to stabilize the government’s medium-term debt
dynamics.”As
I have written about previously, the debt ceiling deal was a complete and total joke, and
S&P realized this.Forget all of the huge figures that the mainstream media
has been throwing at you concerning this debt ceiling deal. The only
numbers that matter are for what happens before the next election.The only way
that the current debt ceiling deal will last beyond the 2012 election is if
Obama is still president, the Democrats still control the Senate and the Republicans
still control the House. If any of those things change, this deal ceiling
deal is dead as soon as the election is over.Even if all of those things remain
the same, there is still a very good chance that we would see dramatic changes
to the deal after the next election.So in evaluating this “deal”, the important thing is
to look at what is going to happen prior to the 2012 election.Well, Barack
Obama and the Democrats get the debt ceiling raised by over 2 trillion dollars
and will not have to worry about it again until after the 2012 election.The
Republicans get 25 billion dollars in “savings” from spending increases that will be cancelled.The “Super Congress” that is supposed to be
coming up with the second phase of the plan may propose some additional “spending cuts” that would go into
effect before the 2012 election, but that seems unlikely.So in the final
analysis, the Democrats won the debt ceiling battle by a landslide.25 billion
dollars is not even 1 percent of the federal budget. The U.S. national
debt continues to spiral wildly out of control, and our politicians
could not even cut the budget by one percent.Somehow our politicians believed
that the rest of the world would be convinced that they were serious about
cutting the budget, but it turns out that global financial markets are tired of
getting fooled.It has gotten to the point where now even the big credit rating
agencies are being forced to do something. Not that they really have much
credibility left. Everyone still remembers all of those AAA-rated
mortgage-backed securities that imploded during the last financial
crisis. The reality is that the big credit rating agencies are a bad joke
at this point.Several smaller credit rating agencies have already significantly
slashed the credit rating of the U.S. government. But a lot of pressure
had been put on the “big three” to keep them in line.But now things have gotten so
ridiculous that S&P felt forced to make a move.Sadly, our politicians are
still trying to maintain the charade that everything is okay. Barack Obama says
that financial markets “still believe our credit is AAA and the world’s investors agree”.Once again, Barack Obama
is dead wrong.The truth is that the credit rating for the U.S. government
should have been slashed significantly a long time ago. This move by
S&P was way, way overdue.Moody’s might be the next one to issue a downgrade.
At the moment, Moody’s says that it will not be downgrading U.S. debt for
now, but Moody’s also says that it has serious doubts about the enforceability of the “budget cuts” in the debt ceiling
deal.This crisis is just beginning. It is going to play out over time,
and it is going to be very messy.The following are 8 more reasons why you
should be deeply concerned that the U.S. government has lost its AAA credit
rating….
#1 The U.S. dollar and U.S. government debt are at the
very heart of the global financial system. This credit rating downgrade
just doesn’t
affect the United States – it literally shakes the financial foundations of the
entire world.
#2 As the stock market crashes, investors are flocking
to U.S. Treasuries right now. However, once the current panic is over the
U.S. could be faced with increased borrowing costs. The credit rating
downgrade is a signal to investors that they should be receiving a higher rate
of return for investing in U.S. government debt. If interest rates on
U.S. government debt do end up going up, that is going to make it more
expensive for the U.S. government to borrow money. The higher interest on
the national debt goes, the more difficult it is going to become to balance the
budget.
#3 We could literally see hundreds of other credit
rating downgrades now that long-term U.S. government debt has been
downgraded. For example, S&P has already slashed the credit ratings
of Fannie Mae and Freddie Mac from AAA to AA+. S&P has also already begun to downgrade the
credit ratings of states and municipalities. Nobody is quite sure when we
are going to see the dominoes stop falling, and this is not going to be a good
thing for the U.S. economy.
#4 10-year U.S. Treasuries are the basis for a whole
lot of other interest rates throughout our economy. If we see the rate
for 10-year U.S. Treasuries go up significantly, it will suddenly become a lot
more expensive to get a car loan or a home loan.
#5 The current financial panic caused by this downgrade
is hitting financial stocks really hard. The big banks led the decline
back in 2008, and it looks like it might be happening again. Just check
out what CNN says happened to financial stocks
on Monday….
Financial
stocks were among the hardest hit, with Bank of America (BAC, Fortune 500)
plunging 20%, and Citigroup (C, Fortune 500) and Morgan Stanley (MS, Fortune
500) dropped roughly 15%.
#6
China is freaking out. China’s official news agency says that China “has every right now to
demand the United States to address its structural debt problems and ensure the
safety of China’s dollar assets”. If China starts dumping U.S. government debt
that would make things a lot worse.
#7
There are already calls for the Federal Reserve to step in and do
something. If the U.S. economy drops into another recession, will we see
more quantitative easing? It seems like we have reached a point where the
Fed is constantly in “emergency mode”.
#8
The U.S. national debt continues to get worse by the day. Just check out
what economics professor Laurence
J. Kotlikoff recently told NPR….
“If you add up
all the promises that have been made for spending obligations, including
defense expenditures, and you subtract all the taxes that we expect to collect,
the difference is $211 trillion. That’s the fiscal
gap”
Dick Cheney once said that “deficits don’t matter”, but the truth is that
all of the debt we have been piling up for decades is now catching up with
us.The United States is in such a huge amount of financial trouble that it is
hard to put into words. The days of easy borrowing for the U.S government
are starting to come to an end. We have been living in the greatest debt
bubble in the history of the world, and it has fueled a tremendous amount of “prosperity”, but now the party is
ending.
A whole lot of financial pain is on the
horizon. Please prepare for the hard times that are coming.’
Don't Fall For The Market's
Head Fakes at Forbes David Trainer ‘The market decline experienced
thus far is closer to its beginning rather than its end. Tuesday’s refreshing market rise
was likely just a flash in the pan.
There is nothing
that politicians or regulators can do to prevent the natural price discovery
that is critical to the long-term health of our capitalist system.
The market
needs to go down again before it can sustain any future rise.
We simply
must deal with the loads of toxic and mis-allocated capital that our profligate
society has created over the past 20+ years.
Allow me to
explain how we got ourselves in this situation. The figure below highlights
the three successive stock market bubbles in just over 10 years. Compare
the size of these bubbles and the rise in stock prices over the last 25 years
compared to the prior 65 years. A simple trendline further accentuates
just how much stock prices have appreciated compared to historical
trends.
Figure
1: Historically Enormous Stock Market Bubbles Keep Coming Back
http://blog.newconstructs.com/wp-content/uploads/2011/08/figure1.jpg
Sources:
New
Constructs, LLC and Ibbotson Ibbotson, 2010 Ibbotson Stocks, Bonds, Bills
and Inflation Valuation Yearbook, (Chicago: Morning Star, 2008), 228–229. *Large Cap
Stocks as defined by Ibbotson are the best comparison for the S&P 500,
which did not exist as it does today in 1926.
I am not suggesting
that stock prices should revert to the long-term trendline. I fully appreciate
the accelerating pace of innovation realized by our society and its
impact on standards of living and improved utilization of resources.
There is no
question that we live in unprecedented times of prosperity and wealth creation.
And technology holds great promise for the future achievement of mankind and
will drive improvement in the standards of living around the world.
The problem
is that we have gotten ahead of ourselves. By how much, I am not sure. But I
am sure that we are due a (lasting) correction in the stock market, and the
longer that correction is put off, the more painful it will be.
To illustrate,
let’s
review what drove the last two market bubbles.
Now, let’s review what happened after these bubbles burst.
See the response pattern? See how it affected the
markets?
It is as if the bubbles never burst. Game back on.
Like a high-school party, the music stops and everyone is quiet when the cops
show up. Someone convinces the cops that nothing unscrupulous is going on
and all will be calm and quiet. Then, as soon as the cop car is out of sight,
the music gets turned back on and the party goes harder.
What will be the response to the third bubble that
is forming?
That is the question that I think the market is
finally facing. The answer is not the same as before.
The government has run out of stimulus and policy
bullets.
Really, what else can politicians and regulators
do to engineer a soft landing, or should I say, another bubble.
Figure 1 shows that we never really landed. We
rocketed from one bubble to the next.
Let’s take a look at the options available via the two
main forces for stimulating economic recovery:
So, who is going to bail us out this time?
My overriding message is that no one should have
bailed us out to begin with. The longer we avoid the painful process of deleveraging
and returning to a more deliberate and rational mode of capital allocation,
the more we delay the inevitable. The more we shift the blame for our financial
mistakes to the public sector, the deeper the hole we must dig out of.
Which brings me to the next point: shifting responsibility
to the public sector, i.e. government, presents some very serious problems
and headwinds for future growth:
Until we allow the natural price discovery that
unfettered markets are designed to provide, we continue to subsidize
unproductive investments. And the longer we subsidize unproductive
investments, the more wealth (and jobs) we destroy in the present and in the
future.
Sure, it feels better when the stock market skyrockets,
bank accounts are fat, growth is strong and the financial future is bright.
Wasn’t
that what we got in the 1990s, then again in the first decade of this century?
It cannot go on forever. Consider how much the
housing bubble was driven by too much borrowing? Though financing might
be cheap and easy to get for extended periods of time, there is not an infinite
supply.
At its core, borrowing is simply a method of cashing
in today on future earnings. The more we borrow against future earnings, the
less we have in the future.
Using borrowed funds to subsidize unproductive
investments only compounds and accelerates wealth destruction.
Keynesian policies can be successful in certain
situations and for limited amounts of time, but they cannot be sustained
infinitely. Borrowing and spending by the government can help the economy
survive a soft patch or decrease the depth of a recession, but it does not
fix the underlying capital allocation problem.
Keynesian economic policies are patches to economic
problems, not fixes. If extended for too long, they only make matters worse.
Before the housing bubble, the government was levered
to the hilt. After the housing bubble, consumers are also levered to the
hilt. Both are struggling to balance their checkbooks.
So who is left to bail us out? Only two potential
candidates: American corporations and foreign countries.
A quick survey of the status of the other major economic
powers is not exactly inspiring. China is slowing growth to fight its inflation
problems. The European Unions, well, they have their own problems. Japan is
not exactly prospering. In general, there are few, if any, global economic
bright spots. None are large enough to bail out anyone.
There are many bright spots in corporate America.
Companies like Apple
(AAPL-very attractive rating), Google
(GOOG-very attractive rating), Microsoft
(MSFT-very attractive rating) and many others are as profitable as ever.
Their returns on capital rank among the very best in the world. They are shining
examples of capital realizing its highest and best use. For the country
as a whole, cash flow returns on assets are near all-time highs. Much of the
recent profits, however, have come at the expense of the consumer as wages
have grown much more slowly than profits.
Then, there are the banks. US banks recently enjoyed
the largest bailout in the history of the world. Further, their profit margins
have been subsidized by sustained low interest rates. And yet, they are lending
little money.
Is the problem that banks do not want to lend or
that there are not enough borrowers?
I think the answer is both. Many banks are still carrying
a great deal of toxic assets. With so much risk already on their balance
sheet, they cannot afford to take on more.
As for borrowers, the uncertain tax, regulatory
and economic outlooks are not exactly enticing entrepreneurs, small and
large businesses to take risk.
To summarize, there is no one left to bail us out
this time.
So, what happens next? We buckle down and face the
long hard road to true, not artificially subsidized recovery.
We recognize facts:
In the meantime, the stock market and economic
activity will continue to suffer. No pain no gain.’
Stock Market Slide Is the
Latest Blow to the Middle ClassThe Daily Ticker Peter Gorenstein
‘Stocks
resumed their decline on Wednesday -- the third big drop in the last five
trading days. The Dow Jones Industrial Average
closed down 520 points, or 4.6%. The S&P 500 fell 4.4% to close at 1,121, while
the Nasdaq was taken
down more than 101 points to the end the day at 2,381.In other words, Tuesday's
gains, in which the Dow jumped 430 points, are a distant memory.Stocks are on
track for their worst monthly drop since after the Lehman Brothers bankruptcy
in the fall of 2008. After making steady gains in their 401(k) plans since
then, average Americans are once again falling further behind on their
retirement goals. The recent drop in the market is making headlines, but as
Aaron Task and the Breakout team discuss in this clip, it's by no means the
only economic hardship facing the middle class -- it's just the latest. Here
are some other headlines you might have missed while you were watching your
portfolio shrink over the last few days.
HORRIFIC
HOUSING MARKET
Existing home
sales fell 2.8% in the second quarter
compared to a year ago, according to the National Association of
Realtors. The number of home sales is also off, falling 5.4% from the previous
quarter and is down almost 13% compared to the sometime last year. At this rate
the housing market will continue to be a drag on the economy.
BACKDOOR
BAILOUT FOR BANKS
Meanwhile, as
homeowner pain reaches new heights, it appears banks continue to receive
favorable treatment from the government. The Wall Street Journal reports
Fannie Mae -- essentially a government entity (that by the way continues to
receive billions in taxpayer aid each quarter) -- just spent $500 million to
buy the servicing rights to a Bank of America (BAC) portfolio of "seven million
loans still causing the most problems." That's what they call a backdoor
bailout.Speaking of Bank of America, the stock continued to mirror the pattern
of steep sell-offs and furious rallies seen in the broader market. This time,
shares of BofA were down 10.9% to $6.77. A conference call held by CEO Brian
Moynihan with investors, led by Fairholme's Bruce Berkowitz, didn't help the
bank's cause. According to a summary of the call in the WSJ,
Moynihan pushed back against those who would question how he has performed
while leading the company, and he said BofA would not part ways with brokerage firm
Merrill Lynch. Additionally, he said there weren't "many days when I get
up and think positively about the Countrywide transaction in 2008."BofA
bought the big mortgage firm during the 2008 credit crisis, and it has been
responsible for a gigantic financial drag on the firm in the time since.
FED'S
FOLLY
The Federal
Reserve on Tuesday said it will keep interest rates "exceptionally low"
through the middle of 2013. That and the possibility of more quantitative
easing may eventually reflate assets -- a good thing for stock portfolios. The
problem is the Fed's reaction to the crisis has and will continue to do little
to improve real economic conditions, such as stubbornly high unemployment,
which remains at 9.1% more than two years after the financial crisis. And, for
those able to save some money, the low interest rates aren't rewarding your
bank accounts. Add it all up, and unfortunately there's little to feel good
about.’
The
following is my comment to an LA Times article regarding a Justice Department
cover-up! As for your inquiry, all I think about day and night is a long
overdue resolution to the RICO litigation as set forth therein:
I
believe him!
Here’s some real, complicit
cover-up / fraud on the part of the federal government, et als:
October
15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez,
Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a corrupting
influence on the process, and which corruption is pervasive). A grievance
complaint against Coan was also filed concurrently with the subject action and
held in abeyance pending resolution of the action which was illegally dismissed
without any supporting law and in contravention of the Order of The Honorable
Robert N. Chatigny, Chief Judge, USDC, District Connecticut. The files below
the horizontal rule are the referenced documents as filed. (Owing to the damage
to the financial interests of both the U.S. and the District of Congresswoman
Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages
under penalty of perjury I was asked to forward to the FBI office in New Haven
is probably the best and most concise summary of the case RICO Summary to
FBI Under Penalty of Perjury at Their Request (5
pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to
the LA office and I was referred to the Long Beach, CA office where I
personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary
documents of the money laundering which he confirmed as indicative of same (he
was transferred from said office within approximately a month of said meeting
and his location was not disclosed to me upon inquiry). The matter was assigned
to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction to
the statement in said correspondence, there is a plethora of information including
evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
There is applicable insurance / surety coverage and
neither LA, nor creditors, nor I should continue to have been damaged by this
brazened corrupt and illegal scenario, which should be resolved in accordance
with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are
unresolved problems with the line, computer connection may be the reason but I
hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can
reasonably be presumed to have been tampered with, and hence, a violation of
the federal statute concerning same. (Ultimately delivered by UPS) ]
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Sincerely
and Regards,
Al
Peia
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can
reasonably be presumed to have been tampered with, and hence, a violation of
the federal statute concerning same. (Ultimately delivered by UPS) ]
Five myths about the Dow
What drives it up and down? Is it a good market barometer? (Washington Post) [
Yeah! This is a great topic which seems an age-old quandary manifesting in
different forms at different times. Indeed, in my evening MBA program studies
at NYU, GBA (MBA Finance, 1977) the ‘questions’ concerning the Dow from an
investment perspective were in no short supply (ie., from not being
representative of the market, to higher p/e multiples, to slower growth from
mature companies, to higher prices per share on an absolute basis, etc.). When
asked why the Dow, the Security Analysis Professor, Dr. Douglas Bellmore, an
extremely successful analyst / investor / author on finance in his own right,
and head of the research arm / department of an institutional wall street
brokerage firm by day, would respond simply by saying, ‘ he wasn’t interested
in ‘buying the market’ (cited were concerns of liquidity with his oft-repeated
rhetorical quip, ‘sell … to whom?’, which was often problematic to the
substantial downside then, particularly for Nasdaq / Over-the-counter’ issues
which is far less problematic today with computer efficiency undreamed of then
(though also now used for nefarious fraudulent purposes undreamed of then)[ I
began my MBA thesis with him and completed same owing to his vacation in the
summer, 1977, with the great, eloquent, and astute Economist / Professor, Dr.
Robert Kavesh (‘Economic Forecasting’ Butler and Kavesh – I had his course of
the same name as his book) since I was beginning law school evenings that fall.
] ( Interestingly, in the bond analysis portion of the course I asked whether
you can and should rely on the rating companies, predominantly S&P. He
paused, and said ‘that’s a good question’ – it was also the only time he said
such of my questions – then responded affirmatively, ‘yes, you can rely on
them’ (different time, different place – I’m sure his answer would have been
substantially different today). The frauds on wall
street et als should be criminally prosecuted, jailed, fined, and disgorgement
imposed! So what’s changed of significance (other than the
full moon and consequent effects on the lunatic wall street frauds Train Reading: The Stock
Market Is Insane The Wall Street Journal
GE ‘all in’ on aviation deal with China Challenge of China: Put technology on the
table —
and keep some U.S. jobs — or miss the huge market. (Washington Post) [ ‘Lotta weighin’ goin’ on! Riiiiight! Don’t make me laugh! Is China Bad For The US Job
Market? at Forbes [ Duh! Ya think. Come on! Even rhetorically
there’s no real question here. There’s no upside
nor room for discussion on this point. Even when thinking they’re buying
american, ie., apple, etc., they’re buying
Chinese, Korean, Japanese, etc. (components); and yet, american tech is still
absolutely horrendous. And, let me add that the communist Chinese are far from
brilliant; one need only witness that Chinese leader standing with ‘lobotomy joe
biden’ assuring all they’ll be no
default … double duh! … as
pervasively corrupt, defacto bankrupt america’s printing
those evermore worthless dollars at warp speed. What dopes they are! Yes, like
the bureaucratic plutocracy americans the communist Chinese whose success is
measured in capitalistic terms are getting dumber and dumber like ‘their
american fiances’. ] Has China single handedly destroyed the U.S. job market? [Not china, but
rather those geniuses at the cia, nsa, corporate execs, the bushes/poppy-san
the former communist Chinese ambassador and that strategic ‘engagement’ thing. Wake up … smell the b***s***, not
roses! ]
Rep. Waters to tea party: ‘Go
straight to hell’ (Washington Post) [
Drudgereport: SANTORUM: 'maxine waters is vile' [ she’s worse than
that, and a total embarassment for america and california particularly! ] ...
Maxine Waters: 'The tea party can go straight to
hell'...
Tea Party fires back...
MORGAN FREEMAN TELLS OBAMA TO 'GET PISSED OFF' [
sounds like a plan … ****** to ****** … the ****** plan! ] ...
Obama Economists Admit: 'Stimulus' Cost $278,000 per
Job...
Philadelphia extends curfew after flash mobs [ new
u.s. Christmas carol – ‘america’s beginning to look a lot like sub-saharan
africa, everywhere you go’ . They are beasts of burden at most who are a burden
to most at best … you’ll never change
them … Think about all those costly ‘make-work’ jobs that serve no real economic
purpose; ie., federal, state, local, uspostal service, etc.. And, they can’t
even do those jobs reliably, efficiently, effectively which is a drag on
civilized society! ] ...
Details of Obama’s jobs plan
emerge President is thinking about proposing tax cuts for companies
that hire workers, new spending for roads and construction, and other measures
that target the long-term unemployed, administration officials say. (Washington
Post) [ Oh come on! Too little, too
late for ‘wobama the b’ (for b***s***), the eternal campaign(er) … he’s got a
‘good rap’ … that rapper ‘wobama the b’ (for b***s***). Really! He’s a total embarrassment out there
on the campaign trail; and just as much an embarrassment for those who turn out
to see him … maybe he’s somewhat of an allure as in a freak show. He’s a total
joke! To be finally talking jobs and things just before the election having
broken previous campaign promises in his failed role as ‘bush failure 3’. Even
his pension is undeserved so much a fraud is he! Black caucus: Tired of making
excuses for Obama [ They are not alone! ] Washington
Examiner | A key member of
the Congressional Black Caucus says they don’t pressure President Obama because
he is loved by black voters. Obama ‘Takes
More Vacations Than Any Human Being I’ve Ever Seen’ Fox News | “Here
we have a country that really is going to hell in a handbasket.” Bus Tour Bust:
Obama’s Approval Plummets Back Into 30s, Says Gallup CNS News |
Obama’s politically charged but taxpayer funded bus tour through the Midwest
turned into a bust yesterday. Disapproval of
Congress Hits All Time High of 84% Paul Joseph Watson | Americans
are more upset with political leadership than ever before.
Drudgereport: BLACK CAUCUS ON OBAMA: 'WE'RE GETTING
TIRED' [ Not as tired of wobama’s b***s*** / excuses as the ‘White
Caucus’ and any other Caucus – but, don’t be taken in by their b***s***;
they’ll ‘back the black’ every time, regardless! ]New low of 26% approve of Obama on
economy...
Inflation builds...
FOOD PRICES RISING...
UNEMPLOYMENT UP...
OBAMA TO LAY OUT JOBS PLAN -- AFTER VACATION...
'Takes More Vacations Than Any Human Being I've Ever
Seen'...
Commiserates with jobless, then off to the
Vineyard...
Even
that italian, belafonte, isn’t buying ‘wobama brand(ed)’:
Drudgereport: HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
European bank continues
bond-buying It has become the region’s “last resort” investor as it
tries to keep a lid on the rates paid by Italy, Spain. (Washington Post) [ Nothing succeeds quite
like failure in the ‘new west’. From people-killing, nation-bankrupting,
nation-destroying perma wars to QE’s to gimmicks to ‘warp speed’ currency
printing presses, the lock-step rush for the abyss like lemmings they’ve
become. Never mind that across the board, such as the aforementioned has
actually exacerbated the crisis / problems they were supposedly meant to solve.
This truly has become a ubiquitous scenario of the blind leading the blind;
with the blindest of all, viz., pervasively corrupt – defacto bankrupt america,
leading the charge (no pun intended – though their credit bears mentioning - 8 More Reasons Why You Should
Be Deeply Concerned That The U.S. Government Has Lost Its AAA Credit Rating The
Economic Collapse ‘… #8 The U.S. national debt continues to get worse
by the day. Just check out what economics professor Laurence
J. Kotlikoff recently told NPR….“If you add up
all the promises that have been made for spending obligations, including
defense expenditures, and you subtract all the taxes that we expect to collect,
the difference is $211 trillion. That’s the fiscal gap” ..’ Why You Shouldn't Buy Into
This Plunge Forbes/O'Neil‘The market is building
momentum to the downside’). ! Italy unveils plan to calm
fears of escalating crisis (WP) [ Yeah, dem piigs were back in the news. ’ Dem PIIGS still got problems. Europe’s debt crisis threatens
Italy (WP) [ Yeah, dem’ darn PIIGS.
Reminds me of that joke (I won’t repeat it here except the punch line):
‘That’s black bart’s girl’. Pelosi: ‘We are not Greece’ ( but greecy Italy Italians voice concern
over Italian debt crisis scenario [ Whew! Close call! There you go. Nothing to
worry about now that wobama’s got a boehner … so not to be so hard on them; if
pelosi says it, it must be true … Not! …Pervasively corrupt, defacto bankrupt
america, they, she look pretty greecey to me. After all, if the same’s wobama’s
‘far-reaching plan on debt’, we all know ‘wobama the b’ (for b***s***) is total
b***s*** which means like Greecey PIIGS they’ll be back to the trough for more
… slop … py. Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is insolvent and has been so for a long
time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s
Bill Gross told CNBC Monday.
Maierhofer: ‘USA INCOME STATEMENT:Total
federal spending in 2010 amounted to $3.456 trillion. Total receipts added up
to $2.162 trillion. USA Inc.'s 2010 deficit was $1.294 trillion.The 2011
federal budget is $3.7 trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for
unfunded obligations vary. Mary Meeker pegs the shortfall at $31 trillion,
PIMCO's Bill Gross estimates the unreported debt to be $75 trillion, while
other estimates exceed $100 trillion (these amounts are insurmountable) …’ ]
As investors panic, CEOs vote
with their wallets for local companies August has seen a historic
uptick in the number of corporate insiders buying shares of their companies.
(Washington Post) [ I’m now sorry I didn’t save the article that spoke to this
recent phenomena as being contraindicated and not a good sign but rather merely
a function of some recent fine print in new compensation plans constrained by
current and expected poor financial / economic results. Indeed, of greater
import is as pointed out by Navin just months ago: Stock Market: 4 Current
Warning Signs Navin ‘…1) The 5-year high
in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher. Yes, it’s
normal for insiders to be selling some of their stocks so they can buy new
yachts and some of this is pre-planned. But that ratio — which has spiked
recently — is extraordinarily high, one might even say off-the-chart‘ The frauds on wall
street et als should be criminally prosecuted, jailed, fined, and disgorgement
imposed! Train Reading: The Stock
Market Is Insane The Wall Street Journal , Accounting Gimmics Resurface
as Growth Flounders at TheStreet ‘Rebekah Smith,
director of financial advisory services at
accounting and consulting firm GBQ consulting, says accounting tricks and
schemes are likely to start unraveling as we head into 2012 and the lag effect
catches up. "The typical accounting fraud goes on for about 18 to 26
months before it is uncovered. The frauds that took place in 2009 are not going
to surface until later in 2011 or into 2012." ‘ , Morgan Stanley Biggest Welfare
Recipient as Federal Reserve Lent Banks $1.2 Trillion During Financial Crisis
Wall St. Cheat Sheet
, Minyanville's T3 Daily Recap:
Market Gives Back Weekend Gains Amid US Bank Woes at
Minyanville’ , Social Security disability on verge of insolvency , 8-19-11 Welcome To The New Bear Market
For Stocks Forbes / Suttmeier , Dow/Gold Ratio Lowest Since 1987
Crash Forbes /
Adrian Ash , Ignore Buffett's Advice, Don't
Buy Stocks Forbes / Dohmen , The "Crimes" That
Wrecked The Markets Forbes / Lenzner , Tech Leading Market Lower
The Wall Street Journal , Banks closed in Fla, Ga, Ill;
2011 total is 68
, No Recession Coming ... It's
Already Here
Previous:8-18-11 Stocks rally off lows to suck
suckers in and keep suckers sucked in on bad news (Jobless Claims, Inflation Rise
More Than Expected CNBC) , fraud ( SEC
destroyed documents, senator says
Crimes Wrecked The Markets
),
and b***s*** alone! MKM Bracing For SPY To Drop 8%
More; Nasdaq Nearing August Lows Barrons.com, WHY NEW LOWS ARE LIKELY 8-18-11 Maierhofer, Is
It 2008 Again? Looking at the Summer Crash of 2011 Gayed ‘A
real bear market has begun …’ , Abandon Ship?[The USS Titanic] Yes, Because of These 5 Bearish
Icebergs ... McGill , There's A Recession Coming
According To The Data at Forbes , HP, Dell hammered as tech-spending outlook darkens JDSU,
NetApp, disappointing figures, shares hit hard in after-hours trade Dell
braces investors for a bumpy road Dell makes a case on why it can
better weather an upcoming storm , S&P says sell Google's shares after Motorola deal
, STOCKS FALL AFTER FLOOD OF BAD
NEWS: Here's What You Need To Know
Joe Weisenthal , Stocks Slip On Concern Over Europe's
Debt, U.S. Data , Watch Out: 2011 Looks A Lot
Like The Market Top In 2007
Sean Hanlon Take A Lesson From 2007 And
Sell Stocks Now at Forbes, [video] Trader: We Could Test
1120 Lows at TheStreet.com
In a Downtrend, Sell a Rally
(Daily FX) Latest: Economist Who
Predicted Market Crash Warns of 2012 Aftershock. See More Here. Famed
economist predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 50% unemployment, 90% stock
market drop, 100% inflation. See the Evidence
Oil prices and Gaddafi’s
potential fall? Any new Libyan government will need crude revenues,
but analysts warn against premature optimism. (Washington Post) [ Premature
optimism? How ‘bout total unreality owing to the over-printed, ever more
worthless so-called reserve currency, viz., the ‘dollar’. The ‘dow / gold’
ratio is illustrative of this reality-based problem which extends as well to
those heavily commissioned / traded paper shares. A Decade of Decline in Equity
Markets Faisal Humayun [ This is a must read and explains how the
market’s been artificially propped, the dow relative to hard assets, ie., gold
(dow/gold ratio), has actually crashed 78%, and comparable prospects for the
next decade, etc.. ‘…The Dow Jones Index was trading at 11,357 levels at the
beginning of the year 2000. More than a decade later (as of beginning July
2011), the index is at 12582 (8-22-11/now 10885). Therefore, the index has
gained 11% (8-22-11/now lost 10+%) in the last ten years…’ Yet, the
inflationary dollar (declining) debasement rate was 31%. (-31%) {See the
inflation calculator infra – and that’s just the government (inflation) numbers
… reality is much worse!} Meanwhile, the frauds on wall street are churnin’ and
earnin’ like never before at lightning computerized speeds enabling the
high-frequency trades that are commissioned in unprecedented large volumes; a
big net negative in real economic terms.] Just another gimmick / diversion /
obfuscation: The frauds on wall street
et als should be criminally prosecuted, jailed, fined, and disgorgement imposed! Train Reading: The Stock
Market Is Insane The Wall Street Journal , Accounting Gimmics Resurface
as Growth Flounders at TheStreet ‘Rebekah Smith, director
of financial advisory services at
accounting and consulting firm GBQ consulting, says accounting tricks and
schemes are likely to start unraveling as we head into 2012 and the lag effect
catches up. "The typical accounting fraud goes on for about 18 to 26
months before it is uncovered. The frauds that took place in 2009 are not going
to surface until later in 2011 or into 2012." ‘ , Morgan Stanley Biggest Welfare
Recipient as Federal Reserve Lent Banks $1.2 Trillion During Financial Crisis
Wall St. Cheat Sheet
, Minyanville's T3 Daily Recap:
Market Gives Back Weekend Gains Amid US Bank Woes at
Minyanville’ , Social Security disability on verge of insolvency While Washington Fiddled The
Economy Burned at Forbes
http://www.albertpeia.com/inflationcalculator.htm http://www.albertpeia.com/wobamavoters.gif
Ahamed: What is the market
really telling us? (Washington Post) [ Whatever it is, it ain’t good! Indeed, ‘the market’ in terms of
communicating anything must fall within the ambit of the term ‘brain-damaged’ at best, insane at
worst, with all the concomitant disabilities attendant thereto, including a
penchant for criminal, fraudulent activities to obfuscate in self-interested
fashion the damage attendant to their criminally insane, brain-damaged
condition for their own gain to almost everyone else’s detriment. ‘THE STOCK MARKET HAS LOST ITS MIND — Bethany McLean in Slate Risk On! Do the Fed, computer
trading, and a few hedge funds rule the market? That might explain why it's
lost its mind. After the madness of last week
and the rollercoaster at the beginning of this week, the stock market recovered
from its Aug. 10 rout to bounce 423 points on Aug. 11. It was the fourth day in
a row in which the index moved by more than 400 points, which has never
happened before in history. As I write this, stock prices are leveling off, but
the big swings may not be over. Has the market gone mad? Actually, yes....’
Dow jumps 4 percent as markets
rebound A volatile day on Wall Street ends with a last-minute rally
that pared some of Monday’s historic losses and shrugged off an uncertain
outlook from the Fed. (Washington Post)
[ ‘Shrugged off’? So that’s what those lightning fast computer manipulated buy
programs are for. Who woulda’ thunk it? After all, it’s not as if ‘Atlas
Shrugged’ in this decimated, collapsing economy of this pervasively corrupt,
defacto bankrupt american nation / economy. Oh pshaw … that was just fiction;
ask former ‘objectivist’ Ayn Rand afficionado ‘senile alan greenspun’ who recommends
gettin’ those Weimar dollar printing presses rollin’ at warp speed which has in
large part helped to get the nation rollin’ to this forlorn point. Well,
‘senile alan greenspun’ can always say he was really meant to be that ‘cobol
programmer’ that he was and was meant to be.
The frauds on wall street et als should be
criminally prosecuted, jailed, fined, and disgorgement imposed!
What changed from yesterday which warranted a more than 600 point plunge with
paper stocks still over-valued and a 545 bounce off of afternoon lows? Nothing!
Absolutely nothing, yet a manipulated computer-programmed churn-and-earn
suckers’ rally based on fraud and b***s*** alone to keep suckers suckered,
which makes for an especially great opportunity to sell / take profits since
there’s much, much worse to come! Famed economist predicts economic calamity in
2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 50% unemployment, 90% stock
market drop, 100% inflation. See the Evidence (Newsmax.com)
AAII Sentiment Survey:
Investors Remain Averse to Stocks Wall St. Cheat Sheet
Not all
insider buying is created equal — Reformed
Broker
Is there
enough money to save the world’s banks? — Jonathan Weil at Bloomberg
Warren Buffett
is issuing bonds and buying stocks — Fortune
US births
declined in 2010 — Calculated
Risk
Efficient
markets in action — Paul
Krugman
Consumers now
need Treasury approval on all purchases over $50 — The
Onion
Report: Mutual Fund Outflows
In July Most Since End Of 2008 at Barrons.com
Is debt downgrade an alarm
bell for U.S.? (Washington
Post) [ Do bears s*** in the woods? Is the Pope Catholic? Is this question some
kind of a joke? I mean, duh! Ya think? I mean, if it isn’t, what could be?
After all, this was long in the making and the pressures applied to preclude
this long overdue downgrade were substantial. Yet, this mild slap on the wrist
was at once, charitable and a gift inasmuch as reality warrants far worse. 8 More Reasons
Why You Should Be Deeply Concerned That The U.S. Government Has Lost Its AAA
Credit Rating The Economic Collapse ‘… #8 The U.S. national debt
continues to get worse by the day. Just check out what economics professor Laurence
J. Kotlikoff recently told NPR….“If you add up
all the promises that have been made for spending obligations, including
defense expenditures, and you subtract all the taxes that we expect to collect,
the difference is $211 trillion. That’s the fiscal gap” ..’
Previous: Is this some parallel universe where
unfounded criticism is levied at S&P for the downgrade when they’ve
actually cut the pervasively corrupt, defacto bankrupt disunited states a break
by not rating what america truly is; viz., junk status for the paper /
liabilities / obligations that cannot and will not be paid (or the equivalent
vis-à-vis what would be in worse than evermore worthless Weimar dollars or some
other ‘ponzi-like’ subterfuge, obfuscation). The amounts are insurmountable
going forward. They point to Moody’s and Fitch; yet, let’s not kid ourselves, S&P
is the ‘800 pound gorilla’ in this world among rating agencies and moody’s,
fitch have substantially diminished themselves as entities consistent with
their ‘mission and purpose’ and as well, their credibility. I mean, come on!
Consider the pressure that was and continues to be applied. Moody’s and fitch,
quite frankly, folded. China’s rating agency has already downgraded u.s. paper
and they’re ‘holding’ (huge amounts of that u.s. junk); and hence, against
their own interest. Wake up!
Stock markets rally on jobs
report In fourth day of wild
swings, markets surge amid mixed signals about direction of U.S. economy.
(Washington Post) [ The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed! This an especially great
opportunity to sell / take profits, particularly if you missed Tuesday or May,
since there’s much, much worse to come! Thursday, Aug.11, 2011: what
changed from yesterday which warranted a more than 500 point plunge with paper
stocks still over-valued? Well, some bad news labeled as better than expected
1) 7,000 fewer jobless claims than expected (just a little over 1% better even
if you believe them – I don’t) 2) Cisco shows results ‘better than expected’ 3)
Record monthly trade deficit [ What Recovery? Forbes ‘we
can’t call this a recovery. There’s no reason to celebrate when a job report
was better than expected. Why? Because the expectation was abysmal to begin
with.’ ‘Cisco Systems Inc’s quarterly
results edged past Wall Street’s scaled-back expectations ...“They
beat a low bar. A lot of it is coming from cost cutting, which we anticipated.
In that sense it’s a relief,” Joanna Makris of Mizuho Securities USA told
Reuters. ‘Cisco, which depends on government spending for about a fifth of its
revenue, said in July it would cut 15 percent of its workforce and sell a set-top box
factory in Mexico.. Cisco bulls may underestimate tough road ahead
Randewich.’ ]
World Bank warns against
future economic hardship Press TV | Zoellick
pointed out that the world is now involved in redesigning the international
financial system.
The World’s Money Is Draining
Away … Where’s It Going? Washington’s Blog | All of the monetary and
economic policy of the last 3 years has helped the wealthiest and penalized
everyone else.
Both Consumer Confidence And
The Labor Participation Rate Are At A 30 Year Low … That’s Not A Coincidence
Washington’s Blog | A new poll from Thomson Reuters and University of Michigan
shows that consumer confidence is the lowest its been for 30 years.
{scroll down to current
date – today’s numerical day/headlines follows headlines of continuing
importance} [ or, go directly to today’s national/world headlines
]
Compendium of
Important Business / National / World News / Topics / Articles / Headlines
http://albertpeia.com/articlelinkspage3.htm
Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog
| Just different bananas perhaps? [ Of course this is absolutely true! And not
just from the meaningfully lawless perspective – I had made such a statement on
the record in a LA Superior Court Appellate Dept. proceeding in which said
court literally ignored the law (the same is true of the costly, plushly
accoutered lifetime appointee federal courts) which corrupt courts should
indeed be abolished in these difficult economic / budgetary times.
Additionally, from pervasive corruption, to debased over-printed currency, to
gunboat diplomacy, to total incompetence, etc., america is indeed a banana
republic at most.]
Poll: Obama Approval Hits
Lowest Ever Rasmussen | Only 19% of the nation’s
voters Strongly Approve of Obama’s performance as president.
GALLUP: Americans satisfied
with ‘the way things are going’ — 11%! Gallup |
Americans’ satisfaction with the way things are going in the United States has
fallen back to 11%.
Obama’s ratings sink to new lows - Public pessimism about the direction of the
country has jumped to its highest level in nearly three years, erasing the
sense of hope that followed President Obama’s inauguration and pushing his
approv...
CIA, MI6 and Mossad: Together
against Syria RT | The West is doing its best to destabilize the
situation in Syria.
Russia Warns US, Israel
against Attack on Iran Fars News Agency | Russian Foreign Minister
Sergei Lavrov warned the US and Israel against an attack on Iran, cautioning
that such a move would mean “a very serious mistake”.
Repeal of sodomy, bestiality
ban sparks fight on Defense bill The Hill | New Defense Authorization Bill repeals a ban on
sodomy and bestiality [ This country is so f***ed up! The decline and fall!
America mother of hoods and apple new york (n.j. metro) fraudulent pie!
Bestiality? What’s next? Legalized pedophilia? Ask p.s. football’s ‘frolicking
manchild’ sandusky! ]
NEW HEADLINES
Gen. Dempsey: Iran rational
actor, not after nukes Press TV | General described
any Israeli attack on Iran as “destabilizing.”
Pat Buchanan: 300 nukes in
Israel yet Iran a threat? RT
| Islamic wars have brought questionable benefit to the US over the last
20 years, former US presidential advisor Pat Buchanan, author of Suicide of a
Superpower, shared with RT. http://albertpeia.com/16reasonswhyonlyfoolssupportswaragainstIran.htm
Would You Support a War Against Iran If You Knew the True Facts?
5 Reasons Iran is NOT a Threat
to the U.S. Michael Edwards | Iran is next unless
the American people stop living in fear of manufactured threats.
USA #1? 40 Embarrassing Things
That America Is The Best In The World At http://albertpeia.com/40badthingsusa#1.htm
http://www.albertpeia.com/whitesvictimizedbyblacks.htm
Prisonplanet.com | Alex runs
down Sarkozy’s call to lock up people who dare surf “extremist” websites
on the web.
[ Little nicky is so pathetic and a testament to how
far france has fallen. Former ‘mossady’, this pro-zionist incompetent has
really pulled france down, including his affront by ejecting his French wife in
favor of the ‘experienced’ italian carla bruni, while midstream in public
office no less. Like obama, he sounded like the ‘old biddies’ they are in
plaintively expressing their displeasure with the bloodthirsty incompetent
war-monger netanayahu (that ‘leave the microphone trick’). How pathetic for the
world to have such failed leadership. The problem is, as with Galileo,
Copernicus, etc., what if the ‘extremists’ are right? All truth passes through three
stages. First, it is ridiculed. Second, it is violently opposed. Third, it is
accepted as being self-evident.--Arthur Schopenhauer And, who determines what’s extreme? ] Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly 100% of the nigger vote, no matter what!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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
http://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an
insoluble problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ]
http://abclocal.go.com/kabc/story?section=news/local/los_angeles&id=8594147
http://albertpeia.com/typicalblackmanonneighborhoodwatch.htm
‘Timothy Johnson, 24, is shown in this 2007 mugshot provided by the Los Angeles
County Sheriff's Department.’ (KABC Photo) Calif. (KABC) – ‘Sheriff's officials released the
name of the man they say shot and killed the owner of a computer shop in
Lancaster.
The suspect was identified as
24-year-old Timothy Johnson, described as being 6 feet 2 inches tall, weighing
about 170 pounds with a dark complexion (negro-black) and a closely shaved
head.
Detectives say Johnson reportedly
entered eChaps Computers and More at 2007 W. Avenue K on Friday, shot and
killed store owner Reed Lewis Keith and left with stolen electronics in hand.
Johnson reportedly fled in a black,
1980s model four-door car driven by an accomplice. Investigators said Johnson
was wearing a black hooded sweatshirt and a ski mask at the time of the robbery…’
Infowars.com | Now is
the time to put an end to Obama’s treasonous and tyrannical behavior.
Kurt
Nimmo and Alex Jones | A call to action and an effort to inform the
public about the treason of Barack Obama.
http://albertpeia.com/impeachobama.htm
Kurt
Nimmo and Alex Jones
Infowars.com
Aprill 11, 2012
We can only win by launching Impeach Obama 2012.
Whether or not we fully impeach him, we are committed to rebuking these unconstitutional
and criminal power grabs and are determined to take the case to the court of
public opinion.
–Alex Jones
Film director, producer, actor and writer Sean Stone
has thrown his weight behind a resolution introduced in the House last month by
North Carolina Republican Walter
Jones. Resolution 107 states that should the president use offensive
military force without the authorization of Congress that such an act would be “an
impeachable high crime and misdemeanor.”
Article I, Section 8, of the Constitution reserves
exclusively for Congress the power to declare war. Both Thomas
Jefferson and James Madison argued that the power to declare war
must reside in the legislative branch of government and the president will only
act as the commander-in-chief and direct the war after it is declared by
Congress.
“The constitution supposes, what the history of all
governments demonstrates, that the executive is the branch of power most
interested in war, and most prone to it. It has accordingly with studied care
vested the question of war in the legislature,” Madison wrote.
In the video, Stone notes Obama’s
unconstitutional war on Libya was waged “despite the fact that the United States was neither
attacked, nor threatened for attack by the nation of Libya.”
Secretary of Defense Leon Panetta said during
questioning by Senator
Jeff Sessions of Alabama that the Obama administration does not
believe Congress has the exclusive right to declare war and that the Pentagon
answers to the United Nations, not the people of the United States.
The Obama administration “does not
believe that the Congress has the exclusive power to declare war,” Stone
notes, and “accordingly the president should be impeached.”
Stone also mentions Obama’s
facilitation of the banker engineered 2008 “bailout” as an additiojnal reason he should be tried for High
Crimes and Misdemeanors and impeached. Obama’s efforts worked in favor of the “consolidation
of private banks, many of
them in Europe.”
“There was no investment of any meaningful type in the
physical economy, there was no protection of the American people,” Sean
explains. “Rather, an illegal commitment made on behalf of
private banking interests, to commit the American people to paying a debt that
the American people did not accrue.”
He rightly notes that Obama’s actions “represent
the most clear violation of the principal of the general welfare of the people
in the preamble of the Constitution of the United States.”
In addition to setting the stage for the economic
rape of the American people and waging illegal and unconstitutional wars, Obama
has committed a number of other egregious violations of the Constitution.
Specifically, Obama violated the Constitution’s Takings
and Due Process Clauses when he bullied the secured creditors of automaker Chrysler
into accepting 30 cents on the dollar while politically connected labor unions
and preferential others received better deals.
In addition, the Dodd-Frank
financial “reform” bill created the so-called Financial Protection Bureau and
Financial Stability Oversight Council, bureaucratic monstrosities that are now
engaged in unchecked and unconstitutional economic action without consulting
Congress. The Dodd-Frank bill also further empowers
the bankster’s preferred cartel, the Federal Reserve (which has engaged in unconstitutional
activity for nearly a hundred years).
The Obamacare mandate is the most obvious violation. “No list of
President Obama’s constitutional violations would be complete without
including the requirement that every American purchase health insurance, on
penalty of civil fine. The individual mandate is unprecedented and exceeds
Congress’s power to regulate interstate commerce. If it is
allowed to stand, Congress will be able to impose any kind of economic mandate
as part of any kind of national regulatory scheme. Fortunately, the Supreme Court
has a chance to strike this down during its current term,” writes Ilya
Shapiro, a Senior Fellow in Constitutional Studies, Cato Institute.
Obama signed into law the NDAA
with a provision allowing the military to indefinitely detain American
citizens. “He will forever be known as the president who signed
indefinite detention without charge or trial into law,” said the
executive director of the ACLU, Anthony Romero.
Finally, Obama may be tried and impeached for signing
a large number of executive orders. Article II of the Constitution provides the
president with three options when presented with legislation – do
nothing, sign the bill, or veto it in its entirety.
“Obama’s use of signing statements has clearly shown his
willingness to continue the George W. Bush
legacy – not only of torture and illegal detainment, but in
the dangerous trend of de facto rule by ‘executive
fiat.’ Worse,
such signing statements put in place a precedent for future presidents to
follow – or expand upon,” writes Aaron
Dykes.
Obama is definitely a renegade president in violation
of the law. He is guilty of treason and must be brought up on formal charges.
The House must introduce a resolution for impeachment and a trial must be held
in the Senate…’
9-19-12
http://albertpeia.com/12factorsamericancitieshellholes.htm
http://albertpeia.com/americacursed.htm
Paul Joseph Watson | One of
the biggest cover-ups in U.S. political history. http://albertpeia.com/obamasfraudulentbirthcertificate.htm
http://albertpeia.com/americansickos.htm
http://albertpeia.com/12signsspainrecessiontodepression.htm
http://albertpeia.com/nytimessaysallusnewscensoredbygovt.htm
http://albertpeia.com/55percentamericansbelievegovernmentwilltakecareofthemindisaster.htm
{ Of course, this is absolutely foolish based upon reality and what we’ve
actually witnessed. I’ve found through direct experience you can’t even depend
on the government to do what they’re legally required to do as defined by law,
so corrupt and incompetent the u.s. government has become: see, http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
http://endoftheamericandream.com
http://albertpeia.com/flashmobrobberrieslootingnormalinamerica.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/civilunrestishereandworstening.htm
http://albertpeia.com/willpambondibenextvpus.htm
Kurt Nimmo
Infowars.com
July 31, 2012
{ I’m really constrained to
interject my own direct experience with the FBI here; and, I must say I do so
lamentably. If you want no real results vis-à-vis organized crime which now
extends to the upper reaches, highest levels of the corrupt u.s. government, go
to the FBI. I discounted the new jersey FBI as just typical corrupt, mob
infested jersey which thinks in terms of discos/casinos. But, truth be told,
they never ask the ‘tough’ questions of the biggest criminals; ie., the biggest
wall street frauds, cia connected illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff,
alito, etc.; but, they did go after Martha Stewart in a very big way over a $45,000
transaction. Wow! You can’t make this stuff up. I also don’t believe their
(understated) crime stats for even a second. I’m beginning to feel
foolish for having even put my full faith and trust in them, much less the ‘federal (judicial) system’ who share the ‘same employer’; and, despite my
antipathy for the mob, probably would have fared ‘more fairly’ with the mobsters
directly who seem to have at least some sense of the magnitude of the fraud
involved and the pervasive corruption of the system and government and maybe a
semblance of honor in this nation of protracted decline. It never would have
occurred to me back when for me, such a choice/decision was clear-cut and
simple. Such a course as mine I no longer could recommend inasmuch as there is little
difference between state/government sponsored crime/corruption and that
perpetrated by other criminal elements, from my direct experience with both,
infra:
Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless. Jersey ‘italian’ snooki? In mob infested
new jersey, who knows (one of the properties in my proceedings for which
surplus funds are unaccounted for was a 2 bedroom 1 and 1/2 bath condominium in
seaside heights, n.j.). But debauchery an american specialty? Another rare
instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct involvement in
the illegal drug trade). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city boy louis freeh, labeled by former Prosecutor Larry Klaiman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’
ABOUT 6,240 RESULTS (0.11 SECONDS)
archive.newsmax.com/articles/?a=2000/7/30/211047
Jul 31, 2000 – Judicial Watch is a public-interest law firm
that fights corruption in government. To read Larry Klayman's
letter to Louis Freeh, ...
www.judicialwatch.org/archive/newsletter/2003/0203b.shtml
... security," said JW Chairman Larry Klayman.
"His behavior stands in stark contrast to Louis Freeh, a man so corrupt
he destroyed the office he led, ...
www.freedomwriter.com/issue20/am15.htm
“Louis
Freeh will finally have to answer in court for what he did to our clients.
... answers,” stated Judicial Watch Chairman and General Counsel Larry
Klayman. ...
www.infowars.com/jw_transcript.htm
Klayman, Larry, Chairman, Judicial Watch ... My name is Larry
Klayman. ... interest group that investigates and prosecutes government corruption
and abuse. ...... They seized his computer – these are FBI agents at the
direction of Louis Freeh, ...
www.judicialwatch.org/archive/2001/printer_921.shtml
May 3, 2001 – Because of his corrupt behavior, Freeh
was placed on Judicial Watch's ... stated Judicial Watch Chairman and General
Counsel Larry Klayman. ...
www.wnd.com/index.php?pageId=5374
May 27, 2000 – By Larry Klayman ... While Judicial
Watch has asked FBI Director Louis Freeh to .... lawsuits against a corrupt
and unrepentant Clinton-Gore ...
cryptome.org/trulock-v-fbi.htm
LOUIS J. FREEH, in his personal capacity;
NEIL GALLAGHER, in his No. ... COUNSEL ARGUED: Larry E. Klayman,
JUDICIAL WATCH, INC., Washing- ton, D.C. ...
Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed the level
and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding ie., the u.s. government’s direct involvement in
the illegal drug trade, etc.). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent
him documentation owing to his disbelief. Though ultimately ineffectual
vis-à-vis my case, he was a likeable guy for whom I had and still have regard.
I then spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city by louis freeh, labeled by former Prosecutor Larry Klaiman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
The following is my comment to an LA Times article regarding a Justice Department cover-up! As for your inquiry, all I think about day and night is a long overdue resolution to the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit cover-up / fraud on the part
of the federal government, et als:
October 15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez, Assistant Director In
Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3 copies of the within
DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case RICO Summary to FBI Under
Penalty of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I received from the
Congresswoman by way of email attachment (apparent but typical problem with my
mail) along with my response thereto is included on the 3 disks
as fbicorrespondencereyes.htm
. With regard to the calls to the FBI’s LA and New Haven, CT
offices: There was one call to the LA office and I was referred to the Long
Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I
gave probative evidentiary documents of the money laundering which he confirmed
as indicative of same (he was transferred from said office within approximately
a month of said meeting and his location was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in touch
for in excess of a decade until he abruptly retired (our last conversation
prior to his retirement related to the case and parenthetically, Rudy Giuliani
whose father I stated had been an enforcer for the mob to which he registered
disbelief and requested I prove it, which I did – he served 12 years in
prison, aggravated assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction to the statement in
said correspondence, there is a plethora of information including evidence
supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
· A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which could be used for payment to creditors, Los Angeles, etc..
· Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
· The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever by the court’s deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
·
Defendant Coan had filed an action against me to
prevent me from suing him which necessitated me to fly to Connecticut for a
hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District of
Connecticut, who denied Coan’s requested relief as to Coan but precluded my
action against Shiff (although there is no immunity, judicial or otherwise, for
criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) .
[ transcript in pertinent part - http://albertpeia.com/crossexamofcoanbypeia.pdf
]
· Newly appointed judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.
·
Probative and evidentiary documents, affidavits, exhibits,
including those turned over to FBI Agent Jeff Hayes in Long Beach, CA, had been
given to Assistant U.S. Attorney Jonathan Lacey with whom I met personally at
the U.S. Attorney’s Office in Newark, N.J., at which time Samuel Alito was U.S.
Attorney, and went over said documents and their probative value with him.
Within approximately a month thereafter upon inquiry I was told that Jonathon
Lacey was no longer with the office, that the file/documents could not be
located, and that there was no further information available concerning
contacting him or his location. I thereupon delivered by hand, copies of said
documents to the office of then U.S. Attorney Alito, addressed to him, with
assurance they would go directly to him. In addition to being inept [ I looked
in on the one mob case he had brought, bungled, lost (accidently on purpose?)
since I was suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt Alito brought in all
20 mob defendants (rather than prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom along with their moans during
testimony and had the jury in stitches. As much as I hate the mob, it truly was
funny, if not so tragic.], Alito is also corrupt (and maybe corrupt
because he is inept). After a reasonable (but still rather short) time I called
to determine the status and was told that Alito was no longer with the Office
of the U.S. Attorney, that he was (appointed) a federal judge, and that neither
the documents nor any file or record of same could be located. Alito did parley
the same / cover-up into quid pro quo direct lifetime appointment to the Court
of Appeals, 3rd circuit, despite the absence of judicial experience
or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is
the same Sam Alito that now sits on the purported highest court in the land.
The real application of the illegal rule ‘don’t ask, don’t tell’.
There is
applicable insurance / surety coverage and neither LA, nor creditors, nor I
should continue to have been damaged by this brazened corrupt and illegal
scenario, which should be resolved in accordance with the meaningful rules of
law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th
Street, #404
Los Angeles, CA
90013
(213) 219-****
(cell phone)
(213) 622-3745
(listed land line but there are unresolved problems with the line, computer
connection may be the reason but I hesitate to chance greater non-performance /
worsening by their ‘fix’ so cell phone best for contact).{recent change
323-786-6651 -magic jack}
----------
*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr. Peia:
Thank you for being in touch. As we
continue the busy first session of the 112th Congress, I want you to
know that I am grateful for the various times you have shared your thoughts and
concerns with me on different issues. Please be assured that your voice
is being heard and that your perspective helps me to better represent you in
Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription
for ‘economic doldrums’, euphemistically speaking (there are
articles/studies/data that dispute the purported effectiveness of the widely
hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian
way’ is certainly no longer a prudent approach today in light of the
insurmountable debt levels of nations worldwide and in america particularly
along with the concomitant over-printed, debased ‘paper currencies’ to finance
same. Quite simply, there simply is not enough real value being created for
redistribution, a situation exacerbated by the parasitic lightening fast,
computerized churn and earn high frequency trading programs on fraudulent wall
street (they should be prosecuted, jailed, fined, and disgorgement imposed for
extant frauds in the trillions now marked to anything as per misguided
legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke …The government’s total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge
October 17, 2011 http://www.economist.com/content/global_debt_clock ]
.This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with
other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal
drug trade. In fact, many researchers reveal that the war on drugs is
only utilized to control and monopolize the illicit drug trade. The
US government has been caught multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out that in 2001,
“according to UN figures, opium production had fallen to 185 tons. Immediately
following the October 2001 US led invasion, production increased dramatically,
regaining its historical levels.” This month, the U.N. announced that
Afghanistan now provides 93% of the world’s opium
production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF Louis | The hypocrisy of the
war on drugs is centers on the amount of drug trafficking that benefits the CIA
and international banking system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is
outrageous when compared to the amount of drug trafficking that benefits the
CIA and international banking system. The son of a convicted notorious mobster,
John Gotti Jr, when asked in court if the family still dealt drugs cracked,
“No, we can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
http://albertpeia.com/theywanttochipyou.htm
http://endoftheamericandream.com
http://albertpeia.com/65yroldwomanwithgunchasesoff5armedblackrobbers.htm
‘In
Garden Grove, California the other day, a 65 year old woman with a gun chased 5
armed criminals out of her jewelry store. The video
of this amazing incident (posted below) is quite funny, but it also
demonstrates a very serious point. The streets of many of our largest
cities are slowly but surely being transformed into a
living hell as our society rots from the inside out. The
criminals are always going to have plenty of guns. If we have no way to
defend ourselves, then many of us will be at the mercy of the criminals.
For example, imagine what would have happened if those 5 armed robbers had
invaded her home at night? Without a gun, what could that 65 year old
woman have done? The best she could hope for is that the criminals would
take whatever they wanted and would not do any violence to her or to her
family. Of course the police would show up later and "take a
report", but the police would not be able to undo any of the damage that
the crooks had already done. This is especially true when it comes to
violence against women. You can always replace your possessions, but you
can never undo a sexual assault or a rape. America is being absolutely overrun by psychos these days, and if you don't have a gun how
in the world are you going to keep a pack of criminals from having their way
with you or with members of your family? I realize that is a very
disturbing thing to think about, but these are dark times that we are living
in. As society continues to fall apart we are going to see home invasions
because more twisted and more horrifying than ever before…’
Michael Snyder | Do you
remember when America was a place where you could attend a public gathering
without having to worry if a sociopath was going to set off a bomb or start
wildly shooting people?
http://albertpeia.com/psycopathssociopathsamericasocietalcollapse.htm
http://albertpeia.com/deadcropsdroughtwildfiresnewusnormal.htm
Kurt Nimmo | FBI has
described “anti-government extremists” as groups
and individuals opposed to taxes and oppressive government regulations.
{ Oh, riiiiight! It’s the Constitution’s fault they
are inept and corrupt; perhaps corrupt as with sam alito, louis freeh, et als,
because they are inept. Never mind that they derive what powers they do have
from that same Constitution. Oh yes, I almost forgot … they got Martha Stewart
… over a $45,000 transaction. The biggest frauds, in and out of government, on
wall street, jon corzine, etc.; not so much … you know … that constitution
thing … it’ll thwart you every time! They are so full of s***! Take a
look: What
in the World Has Happened to the FBI/DOJ?
FBI Nazi Bikers Bust FBI Nazi
Group http://albertpeia.com/fbinazibikersbustfbinazibikers2.htm }
Approval of
Congress falls to all-time low (10% approval)
Romney: Obama is ‘running just to
hang on to power’ Romney to Obama: ‘Take your
campaign of division and anger and hate back to Chicago’ [ Keep in mind, Chicago is an absolute
disaster; wobama’s kind of place! Chicago: 'The Deadliest Global
City'...
CHICAGOLAND COPS: Teens kill man in 'knock 'em down'
game...
Chicago police sergeant: 'Tribal warfare' on streets...
Comparable to Iraq, Afghanistan...
CHICAGOLAND: 7-Year-Old Girl Gunned Down While Selling
Lemonade Outside Home...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression Wife: Rep. Jesse Jackson Jr. getting treatment but 'still
very depressed'...
Ethics investigation continues...
}
REPORT: Ill. state workers forced to attend Pelosi, Jesse
Jackson Jr. event on taxpayer dime... ]
TINA FROWN! Newsweek on wobama’s failed presidency – Newsweek relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm
You Tube | “I’m thinking the worst. Civil unrest, civil
disobedience, civil war maybe.”
Paul Joseph Watson | Veterans
are being targeted in aftermath of Homeland Security smear campaign.
Infowars.com | A book
of lies geared to cover up more lies.
http://albertpeia.com/binladendeathbookhoax.htm
Jon Voight
criticizes (liberal, pro-wobama biased) media at RNC { He’s quite
right, of course; because there is nothing whatsoever positive that can
realistically, factually be said of wobama the b for b***s***! Moreover, there
are so many negatives to be said of former failed president obama that one can
only realistically surmise and infer that the media is too embarrassed to admit
how badly they failed in assessing, vetting choom-gang fantasizing b***s***
artist, grifter, and jive-talking con obama! }
Blunt
Christie tells Republicans it's time to face fiscal truth
- TAMPA, Florida (Reuters) - New Jersey Governor Chris Christie accused
Democrats of refusing to tell Americans the truth about the depth of the
country's deep fiscal woes on Tuesday in a pugnacious... { I
had no idea Gov. Christie was a former federal prosecutor. Maybe he could find
out what happened to asst. us attorney Jonathon Lacey, the
files/documents/exhibits etc., from as well, former us attorney alito and fed
judge maryanne trump barry, former us trustee jeonard, etc. … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
}
Ex-Democrat
Artur Davis: Obama has lost his ‘halo’
Houston Chronicle | There’s a heavy
price to be paid if you’re a Ron Paul support in Mitt Romney’s city. {
President Romney won fair and square, in a grueling process participated in by
ron paul himself, ron paul having since proved himself unworthy and even
senile. }
http://endoftheamericandream.com
http://albertpeia.com/ustreatsvetslikegarbage.htm
http://albertpeia.com/israeliranonvergeofwar.htm
http://albertpeia.com/wobamadeals.htm
10-26-12 Headlines
Prison Planet.com |
Joel Skousen sits down with Alex Jones and discusses strategies on how to
prepare for and survive major disasters.
Melissa Melton | Big
Agra spends more than 35 million supposedly to save you a whopping $400.
Adan Salazar |
Weather modification is already a part of our everyday lives.
Steve
Watson | Media still silent on assassination, riot chatter.
Prison
Planet.com | Hey, it’s not like there are any real criminals to catch….
Kurt Nimmo |
Berlusconi stepped out of the way in November to allow Super Mario and the
globalists to impose austerity.
CBS-LA.com
| A Riverside woman is facing misdemeanor charges following her arrest for
speaking too long.
Daily
Mail | A television programme is out to test whether innocent people can be
brainwashed in becoming unwitting assassins.
Infowars.com | Joel
Skousen sits down with Alex Jones and discusses strategies on how to prepare
for and survive major disasters.
Adan Salazar |
Weather modification is already a part of our everyday lives.
Steve
Watson | Media still silent on assassination, riot chatter.
Melissa Melton | Big
Agra spends more than 35 million supposedly to save you a whopping $400.
Infowars
| Hey, it’s
not like there are any real criminals to catch….
Kurt Nimmo |
Berlusconi stepped out of the way in November to allow Super Mario and the
globalists to impose austerity.
Debates 'diminished' Obama, says Romney "You can boil
down what he's saying to four simple words: more of the same," Romney said
today in Reno. { I’m truly astounded that after 4 years of b***s***, lies,
profligate spending for obfuscation but much vacation, and consequent
unequivocal failure, people are even listening to, much less ‘buying’ what
wobama desperately says. Not even a word from 0 is worth listening to. That
includes those who should supposedly know better. Moreover, self-respect
requires that americans reject wobama’s desperate campaign slings, arrows, and
desperate entreaties which ignore the reality of his blatant failure in large
part owing to his having failed to do as promised last ‘eternal campaign’. Then
there’s the threats and intimidation from the niggers who are like ignorant, vicious animals in lockstep accord with the abject
and utter presidential failure obama; yet, such typical ‘clannish’ racism by
blacks is virtually ignored and rational opposition to the failure spelled ‘0’
is being cast as racist. How can any nation survive such contraindicated
insanity. I’m truly amazed! }
Why
Greg Smith Left Goldman: Wall St. Now an 'Eat-What-You-Kill System'
Dutch court says Samsung does not infringe Apple patent [
Though contrary, american courts almost without exception and the federal
system generally, are so corrupt and lacking in credibility that they really
deserve no precedential, jurisprudential respect…and get none. From my direct
experience: One thing is
certain from my own direct experience { The unfortunate reality is what I’ve alluded to in
the context of my own direct experience; viz., america’s ‘legal system’ is an
illegal system used to cover-up crimes, arbitrarily enforce laws to apply
pressure, etc., and essentially run by the inmates of this collective criminal
entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite
enormous amounts of taxpayer money poured into the ‘federal system’, there’s
relatively/proportionately very little real significant results (an example
would be the brutalizing of Martha Stewart over a $45 thousand transaction
while wall street frauds in the trillions by the biggest players have gone
unprosecuted). ( I believe reasonable diligence requires self-reliance more
than ever before in this nation’s history; particularly when political
correctness in some states prevents calling a spade a spade to the substantial
detriment of law enforcement! http://albertpeia.com/selfdefense.htm ) ]
http://albertpeia.com/shocking.htm
Ben Stein: Obama's 'whopping falsehood'
http://politix.topix.com/homepage/2617-pot-for-votes-scandal-clouds-california-election
Paul Joseph Watson | Buzz explodes across web.
New
Threats to Riot if Obama Loses Election...
[ The threats alone are a reason sufficient for backing President
Romney. If left unchecked, the nigger terrorists will be even further
emboldened to their already egregious criminal, terroristic ways. No man,
woman, or child will be safe if the lethal black cancer grows. The 4 years of O
have been complete, utter failure and no amount of wobama b***s*** and nigger intimidation
can change that fact! Quite simply, niggers are inherently criminal terrorists:
Examples of what people are
saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY
! ….
Mannnn OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected? #Riot in the
streets!!”
(SOURCE)
“If Romney becomes president let’s all start a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA
START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot! Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election based upon
american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re inclined/predisposed
to do anyway, and in one lawless form or another, are already doing. Prison or
sub-saharan Africa are the only places suitable for niggers. Let no man, woman,
or child fall prey to their intimidation and uncivilized violence. 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 } ]
Farrakhan
warns forces trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND:
For second time, grandmother learns a grandson is shot to death...
5 dead, 25 wounded over weekend... { Just another day in niggerland! }
http://theeconomiccollapseblog.com
http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees
the opportunity in every calamity and not vice versa. Indeed, President
Romney’s election based upon american people’s survival instincts and an
awakening from the wobama b***s*** slumber of decline will provide the
opportunity to incarcerate the niggers who will use such as an excuse to do
what they’re inclined/predisposed to do anyway, and in one lawless form or
another, are already doing. Prison or sub-saharan Africa are the only places
suitable for niggers. Let no man, woman, or child fall prey to their
intimidation and uncivilized violence. 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 }
http://albertpeia.com/19numbersusturningfromchristianity.htm
Romney
leads by four points in post-debate survey
http://albertpeia.com/detroitdeathsdoor.htm
‘Well, isn't that convenient? The Obama campaign
desperately needed the last employment report to be released before the
election to show that the unemployment rate had fallen below 8 percent, and
somehow it magically happened. Even though non-farm payroll employment
only increased by 114,000 last month (not enough to even keep up with
population growth), the official unemployment rate fell from 8.1 percent to 7.8
percent. So how did that happen? Well, the unemployment number is
not based on the survey of employers that showed that 114,000 jobs were added
to the economy last month. Rather it is based on a survey of
households. And that survey showed that the total number of Americans
employed last month increased by a whopping 873,000 - almost eight times the
number that the employer survey showed. That figure for September
(873,000) was the biggest one month increase in 29 years.
And it just happened to come at the exact perfect time for Barack Obama.
So was there a jobs report conspiracy? Examine the evidence and decide
for yourself.
The
number of Americans with a job fell by
195,000 in July.
Then
it fell by another 119,000 in August.
But
somehow in September it miraculously exploded in the other direction and
873,000 jobs were added to the economy?
If
you believe that, I have a bridge that I want to sell you.
Somehow,
the largest increase in jobs in 29 years happened just when Barack Obama needed
it the most.
Nah,
that doesn't sound fishy to me at all.
We
are being told that a big reason for the huge increase was the number of
Americans working part-time for "economic reasons". That number
surged from 8.0 million in August to 8.6 million in September.
Why
the sudden jump?
Nobody
can really explain it.
And
if you look at the U6 unemployment rate, nothing has really changed at
all. U6 is still at 14.7 percent just like it was last month.
But
the media is not going to talk about the U6 rate. Instead, all of the
headlines are going to be about "7.8 percent".
According
to the survey of employers, the U.S. economy added fewer jobs in September than
it did in August, and it added fewer jobs in August than it did in July.
So
according to the survey of employers, the employment situation in the United
States is getting worse.
But
according to the household survey, we just had the greatest month of job
creation since the first term of Ronald Reagan.
Something
does not add up.
And
as I have written about previously,
the unemployment rate would actually be up around 11 percent instead of 7.8
percent if not for the millions of workers that the government claims
"dropped out of the labor force" over the past few years because they
became too discouraged to look for work.
So
unemployment in America is still a
massive crisis, but the media is boldly proclaiming that things are
getting better and that we are on the road to recovery.
Of
course Obama looks like the cat who ate the canary today. He is just
thrilled with the "7.8 percent" number.
But
the truth is that according to the employer survey, job growth in the United
States is actually slower than last year. The following is from the Calculated Risk blog....
All that said, the economy has
only added 1.3 million payroll jobs over the first nine months of the year. At
this pace, the economy would only add around 1.8 million private sector jobs in
2012; less than the 2.1 million added in 2011.
Are
you starting to see why people are so skeptical of this jobs report?
When
the "7.8 percent" figure was released, there was immediately a wave
of shock and unbelief throughout the financial world and all over the Internet.
The
following is a sampling of skeptical quotes about this jobs report....
Former GE chief Jack
Welch
Unbelievable jobs numbers..these
Chicago guys will do anything..can't debate so change numbers
Chapwood Capital Investment Management Managing Partner Ed Butowsky
I feel like I’m watching a
movie. There is no way in the world these numbers are accurate.
Neil Irwin of the Washington Post
"Weird that payrolls are
exactly on forecast but household survey is far better."
Conn Carroll, senior editorial writer for the
Washington Examiner
While it is highly improbable that
BLS conspired to cook the books, there is still a huge 756,000 job gap between
the number of jobs employers told the Labor Department they created in
September (114k), and the number of Americans who told the labor department
that they got new jobs (873k).
U.S. Representative Allen West
I agree with former GE CEO Jack
Welch, Chicago style politics is at work here. Somehow by manipulation of data
we are all of a sudden below 8 percent unemployment, a month from the
Presidential election. This is Orwellian to say the least and representative of
Saul Alinsky tactics from the book "Rules for Radicals"- a must read
for all who want to know how the left strategize . Trust the Obama
administration? Sure, and the spontaneous reaction to a video caused the death
of our Ambassador......and pigs fly.
Gluskin Sheff's David Rosenberg
That the 7.8 percent jobless rate
takes it to the level that prevailed when the President took office in January 2009
has raised many an eyebrow. I don't believe in conspiracy theories. But I don't
believe in the Household Survey either.
This notoriously volatile
indicator has become even more so in recent months. It showed a 195K slide in
July and a 119K decline in August, to only then reveal a massive 873K surge in
September.
Radio host Laura Ingraham
"Jobs #s from Labor Secretary
Hilda Solis are total pro-Obama propaganda--labor force participation rate at
30-yr low. Abysmal!"
Americans for Limited
Government
"Either the Federal Reserve,
which has its fingers on the pulse of every element of the economy, and the
Bureau of Labor Statistics manufacturing survey report are grievously wrong or
the number used to calculate the unemployment rate are wrong, or worse
manipulated. Given that these numbers conveniently meet Obama's campaign
promises one month before the election, the conclusions are obvious."
Rick Santelli of CNBC
"I told you they'd get it
under 8 percent — they did! You
can let America decide how they got there!"
Of
course the backlash in the media against skepticism of the jobs report has been
very forceful.
Already,
those that are doubtful of the legitimacy of the jobs report are being called
"truthers" - as if there is something wrong with wanting to know the
truth.
Sadly,
that is how things work these days. If you don't like the viewpoint that
some people are expressing, you just label them "conspiracy
theorists".
And
when someone is labeled a "conspiracy theorist", that is code for
"that person is so crazy that you should not listen to anything they
say".
But
the truth is that we live in a world where often people do things that they are
not supposed to be doing.
When
something rather strange happens, it is not wrong to investigate and try to
figure out what is going on.
And
this jobs report seems very, very odd.
It
sure does seem rather strange that the household survey is showing almost
8 times as many jobs created as the employer survey does.
It
sure does seem rather strange that 873,000 more Americans were working in
September (the largest increase in 29 years) after decreases in both July and
August.
It
sure does seem rather strange that the unemployment rate dropped under 8
percent at the exact moment when Barack Obama needed it the most.
But
perhaps all of this is just a coincidence.
What do you think?’
{ JACK WELCH: Obama Is
Manipulating The Jobs Numbers Because His Debate Performance Was Awful Business Insider | Former GE CEO Jack Welch’s reaction to non-farm
payrolls adding 114,000 new jobs in September and the unemployment rate falling
to 7.8 percent. Welch: Obama manipulating
numbers after debate performance...
{ There are some people (and their assessments) that you might dismiss
as light-weight partisans… Jack Welch is not one of them! Indeed, among the rarest
breed historically of exceptional american CEO’s, Welch points to the
folly of preposterously a month before elections, on paltry/pathetic jobs
numbers ( election year temp/part-time for manipulating stats along with the
nebulous ‘stopped looking’ fudge factor) , following
a disasterous debate showing (of wobama failure and incompetence), the
unemployment rate falls to just below the ‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is
tantamount to the obama 100% employment fantasy where literally everyone but
him has stopped looking for work and hence, not counted in compiling the
unemployment rate (and then those jobs in the millions lost and gone forever on
his watch - what a banana republic!). Come on, wake up!: JACK
WELCH: OBAMA IS MANIPULATING THE JOBS NUMBERS BECAUSE HIS DEBATE PERFORMANCE
WAS AWFUL…UNBELIEVABLE JOBS NUMBERS…THESE CHICAGO GUYS
WILL DO ANYTHING…CAN’T DEBATE SO CHANGE NUMBERS. }
Zero
Hedge | Foodstamp usage for both persons and households, has jumped to a new all
time record.
http://albertpeia.com/christianspatriotsobamasterrorists.htm
Donna Anderson |
Americans may be reluctant to admit they made a mistake in choosing Obama.
Will Israel Blow Up Something
and Falsely Blame It On Iran? Posted by: George Washington Post date: 09/27/2012
- Will Israel Launch a False Flag Against Iran to Start War? { Yeah … what if they started a war and
nobody else came. After all, israel
will always do what’s good for israel and israelis, everyone be damned ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ; but, for
quite some time, what’s good for israel
is not so good for the rest of the world, and america particularly.
Indeed, israeli agents were caught cheering the 9-11 world trade tower debacle
on the banks of the Hudson. Mission accomplished? It was rather pathetic if not
absurd to see netanayahoo talk about the ‘Iranian red line’ when israel’s past
the red line many times over with their illegal nuke program and deployment of
in excess of 200 illegal, undeclared nukes. }
Whoopi Goldberg curses out Ann
Coulter over book on race...
The conservative commentator makes the case in her
new book, "Mugged" that liberals use race mongering for
political advantage.Host Whoopi Goldberg confronted the author over the topic
of race, cursing her out and accusing her of not knowing what she was talking
about.Coulter voraciously defended her book, claiming its more about white
liberals, than African Americans.
ROUGH TRANSCRIPT...
JOY BEHAR: With 40 days until the election, Ms.
Ann Coulter is back with a new book, "Mugged", where she claims that
President Obama has abandoned black Americans and that the OJ Simpson verdict
was a great thing for America. Please welcome back the very controversial Ann
Coulter!
Ann, I need you to tell me, what you are trying to
say in this book. Because we don't know what you are trying to say.
ANN COULTER: What I am trying to say is race
mongering has been very bad for America, liberals use it to promote causes that
nothing to do with blacks and in fact harm blacks. And that excellent lead in
you just gave, with OJ, I think that was the movement, having lived near New
York City in the 70's and 80's, which was the golden era, it was Trayvon Martin
and Duke Lacrosse case everyday.
With the OJ verdict, white America said that’s it, the
white guilt bank is shutdown. And that ended up being the best thing that ever
happened to black Americans.
WHOOPI GOLDBERG: What are
you talking about?
COULTER: I meant that no longer...
BARBARA WALTERS: He
being aquited was good for whom?
COULTER: Millions of white people watching with
the equivalent of in New York, we use the Brooklyn juries who simply would not
convict, even guilty black criminals.
GOLDBERG: You know what, hold up Ms.
Coulter. Please stop, please stop! If you're going to talk about race, at
least, know what you're talking about. At least know what you're talking about.
Tell me how much you know about being black?
COULTER: Well, this isn't about being black.
GOLDBERG: But you just said that this is,
you just made all these statements about how black people feel, tell me how you
know it?
COULTER: This is not a book about black people,
this is a book about white liberals. And I do know and this is a fact, once for
years, Republican policies on crime and welfare for example were called racist.
When they finally got implemented after the OJ
verdict, implemented by Giuliani in New York, Reagan and Bush judges overall,
tens of thousands of black lives were saved. That's a fact.
GOLDBERG: Your facts a just a little shaky.
You're saying that because liberals have abandoned black people now because,
what? I don't get it, I don't understand.
COULTER: I don't think that liberals ever cared
about black people. 5 minutes after the civil rights act of '64, they start
calling everything that doesn't have to do with black people a "civil
rights issue"
Abortion on demand, homeless rights...
SHERRI SHEPARD: You're
saying liberals don't care about black people, then are you saying that
Republicans embrace us in a warm fuzzy.
COULTER: I do, we are not embraced back. We try
to...
BEHAR: So, the white southern strategy wasn't
a republican thing, it was a Republican thing? And also Newt Gingrich calls
President Obama a food stamp president, that's not racist?
HASSELBECK: Do you think its racist for Newt to say
that the President is a food stamp President?
COULTER: I'm not a big fan of Newt, so we can
just skip that for a second and get to the Southern Strategy because I've
specifically disproved it. It's absolutely a liberal folk-lore, Republicans
were winning the South since 1920, it was the outer states of the South, it was
Texas, Tennessee, Kentucky, Virginia.
GOLDBERG: What are you talking about, we weren't
allow to vote?
COULTER: Who was trying to get them to vote,
Republicans were! And the first black congressmen were all Republicans and the
first black Governor was a Republican.
GOLDBERG: Wait a minute, you are talking about way
back after...
SHEPARD: Everyone understands Republicans are
way different than the way they are now and...
COULTER: And that's what we are told and The
Democratic segregationist were all Democrats, it's a lie that they were
Conservative democrats
GOLDBERG: Everyone was a segregationist darling
, everybody was! White people were, they didn't matter whether they were
Republican or not.
COULTER: Republicans were not...
GOLDBERG: Bullshit! Bullshit, I'm sorry! That's
bull, that's bull
COULTER: No, no that is not... ok just read
chapter 14 in the book, the first Republicans to be elected in the south
GOLDBERG: I listen to my grandmother, who was
there! Who remembers what happened.
COULTER: Howard Baker, an aggressive
integrationist, first Republican elected in Tennessee to the Senate, Winthrop
Rockefeller, first republican governor in Arkansas, an integrationist.
The Southern Strategy is a lie.
BEHAR: It seems to me that voter suppression
is happening in areas where black people and hispanics are and it is really
being promoted by the Republicans, not the Democrats.
So, my view and I have a different one from you, it
looks as though the Republicans are really going against blacks, not the
Liberals. What do you say to that?
COULTER: It's a perfect example, no i'll
explain why, of liberals using the label of civil rights to promote a liberal
cause they support, ie voter fraud, in fact one of the first states in the
union to pass voter ID bill was Rhode Island, 85 percent democrat legislature.
And who pushed it? A black Democrat in the house, a black Democrat in the
senate. That's a fact!
BEHAR: You may pick out Rhode Island, but
there are other states where it's completely Republican driven
COULTER: Why would Black Democrats be pushing
this? Because they've seen voter fraud!
BEHAR: Because they want the hispanic vote to
go to Romney!
BARBARA WALTERS: Can I ask a
general question, everybook that you write is very controversial and shocking
and usually an opinion thats desperate with everyone else.
Do you just write these books and try to find
whatever it is that's going to make everybody say, "Ah!"
BEHAR: You don't believe this crap?
COULTER: The reason, it's an excellent question.
The reason I write these books is because I try to correct things that people
believe that are just false.
SHEPARD: Here's a question, because I was
reading the book..
WALTERS: And you may be the only one that says
it.
COULTER: There are a few things, discovering
that we never won the Goldwater states and Republicans didn't win the Dixiecrat
states until the Dixiecrats died out
SHEPARD: You keep standing back in the past,
you got to come back to the present. But this what I wanted to say.
COULTER: That's new to me, the rest of it other
people know.
SHEPARD: You keep saying if you read chapter 14,
you make such divisive comments and incendiary comments, and hateful comments
at times, it makes people not want to pick up your book and read it!
COULTER: No, I don't think so. What's a hateful
comment in here?
SHEPARD: When you talk about, you stay in the
past,
COULTER: Well, that’s because
that was brought up. It’s just a fact.
SHEPARD: When you talk about voter suppression,
which is obviously trying to keep black and Latino.
COULTER: Republicans have never done that, that
was a Democrat thing...
SHEPARD: Ann, there are states where they don't
even have...
WALTERS: Stop it, can I just say one thing to
Ann? No matter what, you sit down here and you got 5 women going bah badda
badda, whatever it is, thank you for coming on!
Paul Joseph Watson | “We are in
the game of using covert means against the Iranians”. ‘…A member of
the influential pro-Israel Washington Institute for Near East Policy (WINEP)
think tank has brazenly suggested that the United States should launch a false
flag provocation in order to start a war with Iran…’ { Just as
was done with 9-11, etc., etc.! Who do such wars benefit? Certainly not
america, not even the west generally, as belatedly all have come to realize. }
Politico | “In the sense that he’s more aggressive, more illegal worldwide.” { In other words, more like a nigger! The
blackbama is basically a continuation/progression of war criminal/incompetent bush!
}
Paul Joseph Watson | Nanny
state is no longer on steroids, it has turned into the Incredible Hulk. { http://albertpeia.com/30examplesusnolongerfree.htm }
In
our 621st issue:
In an unusual move, YouTube announced
that it was blocking access in some countries to a video showing clips from
"The Innocence of Muslims" after the anti-Islamic film sparked
violent protests in the area. By the company's own admission, the video falls
within its Terms of Service. YouTube appears to have made the decision to
self-censor on their own.
It is easy to understand why YouTube might feel compelled to act in response to
the rioting over this video, but once YouTube has made the decision to
proactively censor its content, they start down a slippery slope that ends in
YouTube Knows Best moral policing of every video on their site.
Earlier this month, negotiators from
the United States and eight other countries held backroom meetings about the
Trans-Pacific Partnership (TPP) agreement at a golf resort outside Washington,
D.C. Leaked language from the agreement's intellectual property chapter has
been worrisome, and the public has no idea what is in the latest official
draft. There has been zero transparency in a process that is being pushed to
the finish.
What's worse is that the people who do have access to TPP's official language
are the same content industry executives that tried pushing through harmful
laws like SOPA, PIPA, and ACTA.
Join us
in demanding an end to these backroom negotiations.
ECPA Reform May Require Warrants for Email, But Hurts Video Privacy
Senator Leahy proposed detailed
language to update the Electronic Communications Privacy Act (ECPA), the
primary law governing privacy rights for stored email. ECPA is woefully
outdated -- it was passed in 1986 before cloud computing and archived email
even existed -- so this is great news. Unfortunately, the proposed language
would also weaken privacy-protective measures in the Video Privacy and
Protection Act.
New York Judge Tries to Silence Twitter in Its Ongoing Battle to Protect
User Privacy
Rather than face contempt charges,
Twitter handed over data requested by the government about an Occupy Wall
Street protester, under seal, to the New York Criminal Court. Twitter was faced
with a terrible choice between giving ground on its fight for user privacy, or
risk a potentially expensive contempt of court citation.
Fight over FISA Amendments Act Moves to the Senate after House Passes
Warrantless Spying Bill
The House of Representatives voted to
renew the dangerous FISA Amendment Act -- which hands the NSA broad,
warrantless surveillance powers over Americans' international communications --
for another five years. Sadly, the House refused to add any new oversight
powers or privacy protections, despite ample evidence the NSA has used it to
unconstitutionally spy on Americans.
TPP Trade Delegates Shut Out Internet Users' Concerns
The secretive Trans-Pacific Partnership
agreement (TPP) negotiations were held earlier this month in a golf resort
outside D.C. TPP is yet another example of how the U.S. entertainment industries
are pressuring lawmakers to push forward overprotective intellectual property
laws that will also put the Internet and its users at risk. EFF attended the
events to speak to delegates and demand transparency; however, the U.S. Trade
Representative would have none of it.
Court Upholds $9,250 Per Song Penalty in Filesharing Case
The U.S. Court of Appeals for the
Eighth Circuit upheld the original jury verdict against Jammie Thomas-Rasset: a
$222,000 penalty for sharing 24 songs on a peer-to-peer network. That's $9,250
per song, for songs that sell for about a dollar at retail.
French Anti-Piracy Law Claims First Victim, Convicted of Failing to
Secure His Internet Connection
The French anti-piracy law, Hadopi, has
claimed its first victim. The individual was convicted of allowing his WiFi
connection to be used to download songs without obtaining prior permission from
the copyright owners. While we were heartened that the individual's Internet
connection was not suspended, EFF condemns the ongoing application of Hadopi,
which threatens our rights to access and publish content freely online. This
ruling serves as further evidence that such three-strikes laws must be
repealed.
New Research on "Junk" DNA Revives Privacy Questions
In a case challenging California's
warrentless DNA collection program, EFF asked the court to consider new
research that confirms that over 80% of our DNA that was once thought to have
no function actually plays a critical role in controlling how our cells,
tissues, and organs behave.
Interview with OpenMedia's Steve Anderson About Stop the Trap Campaign
EFF interviewed the Executive Director
of OpenMedia, Steve Anderson, to discuss their international Stop The Trap
coalition campaign.
Professor Michael Geist on TPP and Its Effects on Canadian Internet Users
EFF interviewed Professor Michael Geist
to capture some of the main Canadian concerns specifically related to some of
the most controversial intellectual property issues present in TPP.
UK Snoopers' Charter Draws Sharp Critique from Global Advocates
In a submission to the U.K.
Parliament's Communications Data Bill Joint Scrutiny Committee, the Global
Network Initiative outlined serious concerns with the proposed Snoopers'
Charter, which would expand governmental powers to access the online
communications of all U.K. citizens.
Philippines' New Cybercrime Prevention Act Troubling for Free Expression
In the Philippines, where the Internet
is free from censorship, President Benigno Aquino III recently signed into law
the Cybercrime Prevention Act of 2012, a troubling development for free
expression.
USPTO Blocks Web Access to Advocacy Organizations
KEI's James Love found out firsthand
about the USPTO's filtering system that blocked access to EFF, ACLU, KEI, and
more advocacy organizations.
Internet Archive Releases Every TV News Broadcast Since 2009
The Internet Archive released every TV
news broadcast since mid-2009. Segments are available online and captions are
completely searchable.
EU Should Protect Belarusian Online Opposition
Dutch Member of European Parliament
Marietje Schaake spoke out against the detainment of several web-administrators
by Belarusian authorities.
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Paul Joseph Watson | Why is
the White House funding extremists who hate America? [ Anti-American
fury sweeps across an inflamed Muslim world { Despite casting this as being over a film,
it’s not just
the film; but as well, blowback for innumerable policy missteps that ultimately
included direct or indirect acts of violence/aggression. These people are not
blind, nor are they utter fools despite america et als’ foolish
assumptions and presumptions to the contrary. } ]
Romney and the GOP still toe the Bush line Republican leaders are sick and tired of
Democrats blaming all the nation's problems on George W. Bush, and of being
tarnished by the former president's legacy. { The problem for the democrats is
that, unfortunately for the nation and world, wobama’s essentially followed
dumbya bush’s failed legacy with few exceptions (ie., wobama/holder’s
predisposed contraindicated favoritism/bias towards blacks including black
panthers, etc.). Indeed, many within ‘the fold’ include ‘bush men’ (ie.,
mueller, bernanke, etc.); and comparable failed policies as, ie., protracted
unnecessary war, profligate spending worse than bush, rule by
proclamation/executive orders, no
prosecution of huge wall street frauds, etc., all contrary to campaign
promises/b***s*** that got him elected, a mistake that won’t be repeated this
time around. }
*******************
http://albertpeia.com/thankswoforblowback.htm
Romney
likens the election to football: ‘It’s time to get a new coach’
Iowans Send
Message to Obama SIOUX CITY,
Iowa — President Obama received a less than warm welcome and a warning upon
arrival at the airport here on the second stop of his Iowa visit, which was
aimed at recapturing some of the mag...
Infowars.com | As
America’s engineered economic implosion accelerates, the
parallels with how the Roman empire fell are staggering.
Kurt Nimmo
Infowars.com
July 31, 2012
FROM:
TO:
Wednesday, November 16, 2011 8:48 AM
Dear Mr. Peia:
Thank you for being in touch. As we
continue the busy first session of the 112th Congress, I want you to
know that I am grateful for the various times you have shared your thoughts and
concerns with me on different issues. Please be assured that your voice
is being heard and that your perspective helps me to better represent you in
Washington, D.C.
Sincerely,
LUCILLE ROYBAL-ALLARD
Member of Congress
[ This is a reply to the Congresswoman’s query among others included.]
11-5-11
Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription
for ‘economic doldrums’, euphemistically speaking (there are
articles/studies/data that dispute the purported effectiveness of the widely
hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian
way’ is certainly no longer a prudent approach today in light of the
insurmountable debt levels of nations worldwide and in america particularly
along with the concomitant over-printed, debased ‘paper currencies’ to finance
same. Quite simply, there simply is not enough real value being created for
redistribution, a situation exacerbated by the parasitic lightening fast,
computerized churn and earn high frequency trading programs on fraudulent wall
street (they should be prosecuted, jailed, fined, and disgorgement imposed for
extant frauds in the trillions now marked to anything as per misguided
legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke …The government’s total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock
Zero Hedge
October 17, 2011 http://www.economist.com/content/global_debt_clock ]
.This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with
other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal
drug trade. In fact, many researchers reveal that the war on drugs is
only utilized to control and monopolize the illicit drug trade. The
US government has been caught multiple times shipping in
cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and transports opium
from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out that in 2001,
“according to UN figures, opium production had fallen to 185 tons. Immediately
following the October 2001 US led invasion, production increased dramatically,
regaining its historical levels.” This month, the U.N. announced that
Afghanistan now provides 93% of the world’s opium
production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a whopping 5800
tons. Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF Louis | The hypocrisy of the
war on drugs is centers on the amount of drug trafficking that benefits the CIA
and international banking system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm
http://albertpeia.com/americascorruptiondrugtrade.htm
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is outrageous
when compared to the amount of drug trafficking that benefits the CIA and
international banking system. The son of a convicted notorious mobster, John
Gotti Jr, when asked in court if the family still dealt drugs cracked, “No, we
can’t compete with the government.”
The
Criminal Banking Cartel's End Game: A 100% Digital Monetary System
Posted by: smartknowledgeu
Post date: 06/07/2012 The end game of this global monetary crisis is the
imposition of a 100% digital monetary system that would permanently end what
little economic freedoms we still retain today. Educate. Resist. Fight... http://albertpeia.com/criminalcartel.htm
{ I agree with the thrust of this article which I’ve yet to read in full; if
only to emphasize that with a mouse click/button/keystroke/enter you could
easily be separated from your money/wealth which is a formidable intimidating
threat consistent with planned subservience (and also facilitating manipulated
fraud, etc.). And, don’t think they wouldn’t do it, meaningless, arbitrarily
enforced laws notwithstanding. Don’t forget; government slugs all have the same
employer. I experienced the corruption 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 }
‘If the case of white
supremacist Hal Turner taught us anything, it is that the government
manufactures Nazis and racists from whole cloth and then uses them to push
hysterical domestic terrorist propaganda and self-aggrandizement.
It came out
during Turner’s
trial that he was a “National
Security Intelligence”
asset working for the
FBI’s
Joint Terrorism Task Force. His code name was “Valhalla” and “he received thousands of
dollars from the FBI to report on such groups as the Aryan Nations and the
white supremacist National Alliance, and even a member of the Blue Eyed Devils
skinhead punk band,” according to The Record.
The FBI has run
racist and white supremacist groups since the 1960s. Under COINTELPRO, the FBI “subsidized, armed,
directed and protected the Ku Klux Klan and other right-wing groups,” Brian Glick writes. Racist groups were used to create a strategy
of tension by attacking groups on the so-called left, including anti-war,
Chicano and Puerto Rican activists and nationalists.
More recently,
in 2007, the FBI organized a neo-Nazi march in Orlando, Florida. The FBI’s “informant” (agent provocateur) “was one of the most
visible individuals in the National Socialist Movement,” according to Andy
Rosenkranz, state
regional director for the Anti-Defamation League. “Generally, the FBI and
the JTTF (Joint Terrorism Task Force) in Florida does an excellent job.”
The FBI has
also infiltrated a number of supposed Muslim terrorists groups and has
wheedled, cajoled and otherwise manipulated patsies into agreeing to commit
terror attacks.
In October, Mother Jones revealed that the FBI is notorious for creating
supposed terrorist groups from scratch and then framing patsies in order to
claim the government is protecting the United States from terrorists. The
number of government informants and agents provocateurs has grown exponentially
since the 1970s when the FBI claimed it shut down COINTELPRO.
On Tuesday, the
New York Daily News reported the FBI’s latest terrorist creation – the 1st SS Kavallerie
Brigade Motorcycle Division, founded in 2007 to recruit neo-Nazi bikers for the
Aryan Nations, a white supremacist terrorist organization, according to Anthony Bartkewicz.
“One member offered a
$1,000 reward for the shooting of a black man. Others stockpiled explosives to
be used in terror attacks on U.S. targets,” writes Bartkewicz. “But the biker gang was
founded by undercover law enforcement agents in Florida, and eventually 20
people were arrested for a range of offenses, from dealing drugs to possessing
illegal weapons and plotting murders, the Orlando Sentinel reported.”
In May, the FBI
took down a group of mentally challenged white supremacists belonging to the
American Front, a group on the edge of extinction in the early 2000s but
resuscitated on the internet. The FBI claimed the group was “planning to kill Jews and
minorities in the ‘inevitable’ race war, according to an affidavit obtained by the
Orlando Sentinel. The Sentinel reports that the group also looked to manufacture
ricin, a ‘weapon
of mass destruction,’” CBS Tampa reported.
Fear and loathing by liberals over FBI manufactured racist threat.
Considering the
FBI’s
track record, however, it is likely the ricin plot was concocted by the agency
and then fed to the American Front patsies prior to the sensationalized bust.
Patsies rarely devise their own plots and are carefully managed by the agency
and its army of informants and agents provocateurs.
The Nazi biker
group created by the FBI after the Aryan Nations said it wanted to form a Nazi
motorcycle club to serve as the militant arm for white supremacists across the
country, according to records obtained by the Orlando Sentinel.
“Using a false identity,
the agent with the Orange County Sheriff’s Office became the Aryan Nations’ top Florida
administrator responsible for recruiting members for what would become the 1st
SS Kavallerie Brigade Motorcycle Division — operating out of a clubhouse in St. Cloud,” Henry Pierson Curtis
writes for the Sentinel.
“Early members included at
least two additional undercover FBI agents – who infiltrated the club
—
and a biker accused of offering $1,000 to anyone willing to shoot a black man
riding an ATV in rural Osceola County, records show.”
In 2007, a FBI
informant, Rick Spring, admitted to running the Aryan Nations. “In a confessional emailed
out to white nationalist leaders, federal informant and convicted bank robber
Rick Spring admitted today that he operated the Aryan Nations as a false flag
front group for the FBI after the death of Richard Butler,” wrote Bill
White, editor of the
Libertarian Socialist News.
Government
connections to terror groups are legion. In 2004, for instance, the FBI
revealed the Southern Poverty Law Center was involved with government
operative and
convicted Oklahoma City bomber Timothy McVeigh and the Aryan Republican Army at
Elohim City. McVeigh’s contact at Elohim City was Andreas Carl Strassmeir,
a former German intelligence officer. Peter Langan, the son of a retired U.S. Marine intelligence
officer and said to be the leader of the Aryan Republican Army, was a
government informant.
The SS
Kavallerie Brigade Motorcycle Division, responsible for setting up the American
Front, is yet another convoluted government fabrication designed to convince
ill-informed Americans that radical Muslims are not the only threat they face.
So are white guys with tattoos on their foreheads.
The absurdly
overblown threat of skinheads gunning for minorities plays right into the
Department of Homeland Security’s “rightwing extremist” narrative.
“Threats from white
supremacist and violent antigovernment groups during 2009 have been largely
rhetorical and have not indicated plans to carry out violent acts,” the DHS wrote in a 2009 for eyes-only memo subsequently leaked to Infowars.com and
others, but “have
capitalized on the election of the first African American president, and are
focusing their efforts to recruit new members, mobilize existing supporters,
and broaden their scope and appeal through propaganda, but they have not yet
turned to attack planning.”
The FBI’s contrived plots – including purported violence against police and officialdom by the Hutaree militia and now a supposed weapons of mass destruction attack by the American Front – are designed primarily for propaganda purposes. The Hutaree militia was vindicated in court and the accusations against the American Front will likely also eventually be reduced and revealed as government grandstanding, although this will not be reported on the front page in blazing headlines.’
The American Dream | The future of war is going to
look really, really weird. http://endoftheamericandream.com
http://albertpeia.com/moredarpafollies.htm
{ I must say, regardless of
the fact of time constraints (you know, that ‘end thing’) that makes all
irrelevant, they can’t even control, properly manage what they have. I think
Mike’s been watching too much sci-fi, not that darpa doesn’t appreciate his
misplaced vote of confidence! }
Prisonplanet.com | The
Thomas More Law Center has announced that it has filed a federal lawsuit
against Homeland Security Secretary Janet Napolitano.
Shocking Federal Lawsuit
Against DHS Napolitano: Big Sis Favored Her Gal Pals, Treated Male Staffers “Like Lapdogs,” Her Female Staff Tormented
Male Employees with “Sexually Charged Games” { Whoa! Lapdog to Napolitano! Whew! Ew!
Wow! Yuck! After all, jano almost makes mo reno look like a beauty queen! I’m starting
to get dry heaves! …In the suit Hayes also accused Napolitano’s chief of
staff at ICE, Suzanne Barr, of repeated 'sexually offensive behaviour' intended
to 'humiliate and intimidate male employees'.On one occasion, Barr called a
colleague in his hotel room and screamed using sexually explicit language,
telling him she 'wanted his c*** in the back of [her] throat'.Hayes claims he
'felt that he was being targeted because of his gender' and witnessed Barr
repeatedly picking on men. She 'created a frat-house type atmosphere that is
targeted to humiliate and intimidate male employees', according to court
papers. In 2009 she 'removed the entire contents of the offices of three male
employees, including nameplates, computers and telephones, to the men’s bathroom
at ICE headquarters'. Read more: http://www.dailymail.co.uk/news/article-2186507/Janet-Napolitano-favoured-woman-long-relationship-job.html#ixzz23ERN7rMx }
Paul Joseph Watson | Follows
DHS in preparation for domestic disorder.
Dave Bohon |
Supporters of homosexual marriage, however, have been unable to leave the issue
and “agree to
disagree.” { I believe the concerted wrongful conduct of
the respective cities et als vis-à-vis Chick-Fil-A may well be actionable as a
business tort; and as well, a violation of constitutionally protected rights
of free speech, having a chilling
effect thereon, by way of incorporation thereof under the fourteenth amendment
of the u.s. constitution, as well as pursuant to the respective state
constitutions applicable to the offending cities. }
http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
{ My own feeling on
the subject is live and let live, but that the state has no place in getting ‘behind’
this contraindicated behavior. Look at the subject cities rallying in the name
of ‘cornholin’ (For the gay vote? How totally pathetic!). Without
exception, they are literally domestic war zones, in decay, decline, and
heading as the nation toward fiscal ruin, defacto/outright bankruptcy. They
really should be concentrating on things that really matter before foolishly
attacking freedom of speech. Previously: EVOLUTION:
OBAMA NOW BACKS GAY MARRIAGE… [
Well, with some frolicking documented cocaine/gay sex
romping in his past, he’d
be hard pressed not to. Interestingly, Clit Eastwood has come out in favor of
gay marriage saying he doesn’t give a f**k… good for you Clit; spoken like a true egalitarian. Truth
be told, I always liked those spaghetti westerns that put him on the map; his
own ‘Pale
Rider’,
particularly; and of course, the ‘Dirty Harry’ series. Aside from that, I find him/his films boring,
shallow, and plebian beyond tears; hardly the philosopher king. Yet, I also don’t give a f**k regarding
gays living their lives as they wish, with full constitutional protections
consistent with their presumed law-abiding lives, particularly in a world like
this, such as it is. But, that doesn’t mean the ‘state’ must get behind (no pun intended) same. There are few if any
legal statuses that can’t
be achieved through legal document, ie., adoptions, trust beneficiaries, etc..
Marriage, procreation, the province of a man/woman relationship has always been
a given. Also interesting was the take on same by reknown Psychiatrist Maslow
(his famed, laudable work regarding hierarchy of needs, etc., needs no
introduction) who wrote and posited that homosexuality was physically,
anatomically contraindicated. Again, let me reiterate a live, let live position
while cautioning against the state getting behind (again, no pun) same and
potentially giving young, pubescent, impressionable boys the idea that penises
were made for male a**holes and not female vaginas. ] ... OBAMA ADMITS
FABRICATING GIRLFRIEND IN MEMOIR { Latent gay man obama - ... Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming
to represent me called asking for $100,000, to keep me from coming forward
about our (Obama and I) November 1999 encounter of sex and cocaine use?), ...
Obama is just another Banksters' moll prostituting himself .., and that's why
he supported the grotesque bail-out of the banking system and why he will
always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }
http://albertpeia.com/newworldordervedgesmockus.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. }
http://albertpeia.com/planetalreadyruined.htm }
http://albertpeia.com/attackonchickfilaattacksfreespeech.htm
{ My own feeling on the subject is live and let live, but that the state
has no place in getting ‘behind’ this contraindicated behavior. Look at the subject
cities rallying in the name of ‘cornholin’. Without exception, they are literally domestic war
zones, in decay, decline, and heading as the nation toward fiscal ruin,
defacto/outright bankruptcy. They really should be concentrating on things that
really matter before foolishly attacking freedom of speech. Previously: EVOLUTION:
OBAMA NOW BACKS GAY MARRIAGE… [ Well, with some
frolicking documented cocaine/gay sex romping in his past, he’d be hard pressed not
to. Interestingly, Clit Eastwood has come out in favor of gay marriage saying
he doesn’t
give a f**k…
good for you Clit; spoken like a true egalitarian. Truth be told, I always
liked those spagetti westerns that put him on the map; his own ‘Pale Rider’, particularly; and of
course, the ‘Dirty
Harry’
series. Aside from that, I find him/his films boring, shallow, and plebian
beyond tears; hardly the philosopher king. Yet, I also don’t give a f**k regarding
gays living their lives as they wish, with full constitutional protections
consistent with their presumed law-abiding lives, particularly in a world like
this, such as it is. But, that doesn’t mean the ‘state’ must get behind (no pun intended) same. There are few if
any legal statuses that can’t be achieved through legal document, ie., adoptions,
trust beneficiaries, etc.. Marriage, procreation, the province of a man/woman
relationship has always been a given. Also interesting was the take on same by
reknown Psychiatrist Maslow (his famed, laudable work regarding hierarchy of
needs, etc., needs no introduction) who wrote and posited that homosexuality
was physically, anatomically contraindicated. Again, let me reiterate a live,
let live position while cautioning against the state getting behind (again, no
pun) same and potentially giving young, pubescent, impressionable boys the idea
that penises were made for male a**holes and not female vaginas. ] ... OBAMA ADMITS
FABRICATING GIRLFRIEND IN MEMOIR { Latent gay man obama - ... Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming
to represent me called asking for $100,000, to keep me from coming forward
about our (Obama and I) November 1999 encounter of sex and cocaine use?), ...
Obama is just another Banksters' moll prostituting himself .., and that's why
he supported the grotesque bail-out of the banking system and why he will
always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }
http://albertpeia.com/newworldordervedgesmockus.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. }
http://albertpeia.com/planetalreadyruined.htm }
EFF:
In our 616th issue:
Since
the first national security letter statute was passed in 1986, the FBI has
issued hundreds of thousands of such letters seeking private telecommunications
and financial records of Americans without any prior approval from courts. EFF
is releasing an FBI-redacted briefing from a major new ongoing case in which it
is challenging one of the NSL statutes on behalf of a telecommunications
company that received an NSL in 2011.
The
Oatmeal creator Matthew Inman was subject to a frivolous lawsuit designed to
shut him up. Known as a Strategic Lawsuit Against Public Participation (SLAPP),
litigation like this -- and the big legal fees that can come with it --
threatens free speech across the country. Urge
Congress today to pass a federal anti-SLAPP statute to protect
bloggers, journalists, creators, and more.
EFF
recently received information about drone flights in the United States,
including extensive details about the specific drone models some entities are
flying, where they fly, how frequently they fly, and how long they stay in the
air. The 125 drone certificates and accompanying documents the FAA released
total thousands of pages and were released in response to EFF's Freedom of
Information Act lawsuit, which has already uncovered the list of all entities
licensed to fly domestic drones.
EFF Urges Congress to Protect Privacy in Face Recognition
On
Wednesday, EFF Staff Attorney Jennifer Lynch urged Congress to limit the
collection of biometrics and protect privacy with respect to the use of face
recognition technology. Jennifer's testimony in a Senate hearing on "What
Facial Recognition Technology Means for Privacy and Civil Liberties"
outlined the privacy and security concerns that are inherent to automatic face
recognition. The use of face recognition technology raises important First and
Fourth Amendment concerns, though the scope of Constitutional protections in
this area is unclear.
Fifth Circuit Upholds Sanctions Award Against Copyright Troll Attorney
The
Fifth Circuit Court of Appeals affirmed a district court order imposing sanctions
on Evan Stone, attorney for adult film producer Mick Haig Productions. Stone
improperly issued subpoenas without leave of court to ISPs seeking the
identities of anonymous subscribers in a mass end-user copyright infringement
case.
Singing Obama Ad Takedown Means More Trouble for Political Speech Online
An
official Romney campaign ad that showed President Obama singing a line from the
Al Green song "Let's Stay Together" has been hit with a takedown from
BMG Rights Management -- the group that controls the publishing rights of the
original song -- and pulled from YouTube. This kind of takedown abuse is all
too common, and we're likely to see it again this campaign season.
House Quietly Reintroduces a Piece of SOPA
Even
after millions rallied against the passage of SOPA/PIPA, the House is still quietly
trying to pass a related bill that would give the entertainment industry more
permanent, government-funded spokespeople. Rep. Lamar Smith's IP Attache Act
would create an Assistant Secretary of Commerce for Intellectual Property, as
well as broaden the use of IP attaches in particular U.S. embassies.
Victory for Open WiFi: Judge Rejects Copyright Troll's Bogus "Negligence"
Theory
Judge
Lewis Kaplan of the U.S. district court in Manhattan ruled that the owner of an
Internet connection cannot be found liable for "negligence" simply
because another person uses his wifi connection to commit copyright
infringement -- even if he knows about it. After this decision, copyright
trolls should find it harder to coerce settlement payments from innocent people
for the commonplace act of sharing an Internet connection.
EFF to FCC: Consumers Face Uphill Battle in Fight for Mobile Device
Privacy
EFF
filed comments with the Federal Communications Commission about the privacy and
data security practices of mobile wireless service providers. Mobile privacy is
an issue we've been increasingly concerned about in the wake of the Carrier IQ
privacy scandal, which was part of the inspiration for our Mobile User Privacy
Bill of Rights.
Australian Government Moves to Expand Surveillance Powers
Australia
is the latest democratic nation to introduce new national security measures
that would vastly expand governmental surveillance powers, following an
alarming legislative pattern that unfolded in the United Kingdom and Canada in
recent months.
With
the opening ceremony of the London Olympics 2012 drawing near, the colossal
security apparatus surrounding the Summer Games has come into focus.
Russian Duma Approves Internet Blacklist Bill
The
Russian Duma overwhelmingly approved a controversial Internet regulation bill,
which would create a national blacklist and legal partnership with a
content-monitoring bureau.
ACTA's Defeat in Europe and What Lies Ahead
There's
a majority consensus that ACTA now lies dead in Europe. There are however, a
few murmurs of concern ahead.
Is the TPP the Best Way to Build a 21st Century Society?
The
TPP agreement has been framed by the USTR as a 21st century agreement, but
we're still not convinced -- especially in an environment where the public,
Congress, and civil rights organizations are denied access to the treaty's
official text, while corporate representatives have full access to it.
Raising Global Awareness of the Plight of Syrian Bloggers
The
number of citizen journalists killed or arrested in Syria rises daily. While
some have received ample international attention for their plight, many others
have gone largely ignored by the media.
New Malware Targeting Syrian Activists Uses Blackshades Commercial Trojan
Pro-Syrian
government hackers appear to have started using a surveillance tool, called
Blackshades Remote Controller, whose capabilities include keystroke logging and
remote screenshots.
Court Won't Shut Down Aereo Before Trial -- Round 2 Begins for Internet
Startup
Aereo,
a startup that lets viewers watch broadcast TV over the Internet from tiny,
personal antennas, can stay up and running -- at least for now. Several
television networks are trying to sue it out of existence, but lost a motion
asking a federal court to shut it down until a legal decision is reached.
How effective are free speech campaigns?
EFF's
Jillian York asks prominent players in the international activism space about
the efficacy of free speech campaigns.
Brief of amici curiae supporting EPIC's petition for writ of mandamus
(EPIC v. DHS)
EFF
has joined this brief from the Competetive Enterprise Institute supporting EPIC
in their call for TSA to follow the law and conduct a court-ordered
notice-and-comment period for their new scanners.
Professional wrestler boycotts WWE for supporting SOPA/CISPA
Wrestler
Sean Morley, known as Val Venis, tweeted that he would not appear on WWE RAW if
they continued supporting SOPA/CISPA.
ISSN
1062-9424
EFFector
is a publication of the Electronic Frontier Foundation.
454 Shotwell Street
San Francisco, CA
94110-1914
USA +1 415 436 9333
+1 415 436 9993 (fax)
eff.org
Editor:
Adi Kamdar, Activist
[email protected]
Membership
& donation queries: [email protected]
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EFF, legal, policy, or online resources queries: [email protected]
Reproduction of this
publication in electronic media is encouraged. Signed articles
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individually, please contact the authors for their express permission.
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454 Shotwell Street
San Francisco, CA 94110-1914
United States
http://albertpeia.com/bakedamerica.htm
http://albertpeia.com/obamacareandsterilizingamericanwomen.htm
http://albertpeia.com/19warningsofglobalcatastrophe.htm
http://albertpeia.com/4reasonsforlessoptimism.htm
http://albertpeia.com/scenesofdespair.htm
http://albertpeia.com/usgestapotactics.htm
http://albertpeia.com/14creepygovernmenttechnologiestospyonyou.htm
http://albertpeia.com/azgettintoughoncrime.htm
{ This is absolutely incredible and
unforgiveable (california does the
same); and, we can only surmise that, already damned as this nation
particularly and this world surely are, their view is that such doesn’t matter.
How totally tragic and pathetic at once! }
http://albertpeia.com/freakishamericangeneticmonsters.htm
http://albertpeia.com/kicksinthecandowntheroad.htm
http://albertpeia.com/empburst.htm
Murdoch Dissatisfied With
"Weak" Romney, Allies Say http://albertpeia.com/senilepenalmurdoch.htm { Yeah; murdoch prefers the ‘tougher’ gay
choom gang banger wobama alternative. More cream pies in his face cries the
senile old media meister. Yeah; the majority of the electorate think just like
billionaire murdoch. Let’s not kid ourselves…murdoch’s totally gone…even the
wisdom of his company’s breakup/split into two companies is being seriously
questioned. …’ Murdoch wrote on Twitter. "Tough O Chicago pols ( Aah!
Riiiiight! Just want the country needs; crime, corruption, cook county
politics, capone/chicago style , hudson county/jersey city/newark,n.j. style,
etc.; … Even LA’s substantially better than that; and, make no mistake, as
‘wobama country’ LA’s pretty bad, etc.) …will be hard to beat unless he drops
old friends from team and hires some real pros’… First reality: He could hire
some real pros without dropping old friends…In the final analysis, even
americans will prove smart enough and not sufficiently self-destructive enough
and as such, will not embrace proven failure with more proven failure. People
must realize the magnitude of wobama’s failure and the unaffordable,
insurmountable expense of obfuscation: ‘…those who put their
trust in proven failure wobama, all they have to show for such misplaced trust
are broken campaign promises, now insurmountable record deficit spending
exceeding all the presidents since Eisenhower combined to obfuscate what
clearly has been wobama’s unequivocal failure...’ ( 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 ) America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … )
POLL: Obama drops 8 points with whites...
... 13-point plunge among young voters
July 3, 2012 By gpc1981 http://albertpeia.com/greeceyspainpain.htm
http://albertpeia.com/nolegalsystem.htm
Kurt Nimmo | Damaging
details included in letter Issa sent to Rep. Elijah Cummings on May 24.
Steve Watson | Offices
of two US Senators contradict statements of Special Operations Command.
http://albertpeia.com/runandhideplan.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/americaonfire.htm
Stephen Lendman | It’s an
American tradition. Big lies launch wars. Manufactured pretexts initiate them.
Mass killing and destruction follow.
Attention
cats: ‘How to Walk Your Human’ (VIDEO)
http://www.youtube.com/watch?v=z5rXLZfsJT0&feature=player_embedded
Jerry
Sandusky's adopted son, Matt Sandusky, said that his father had abused him.
Matt Sandusky released a statement through his lawyers, Andrew Shubin and
Justine Andronici. According to the Philadelphia Inquirer, Mr. Shubin also
represents two other alleged victims of Jerry Sandusky. [Related: Jerry
Sandusky child sex abuse case goes to the jury after both [...]
http://albertpeia.com/verbalabuseofbusmonitor.htm
http://albertpeia.com/adviceforpreppers.htm
http://albertpeia.com/russiachinarational.htm
Steve Watson | “He has the
delegates, but he doesn’t have the hearts and the minds of the people” { At 77, I’ve really restrained myself from criticizing paul.
After all, he is now irrelevant; and, as a matter of fact, after all is said
and done, he’s proved exactly that. At this point, a real winner
would not be preposterously grousing about something true of himself (who and
how many are for paul) that he ascribes to Romney (who unlike paul has the
delegates and almost ‘infinitely’ more hearts and minds than he), making noise about
something irrelevant, instead of at least as a willing participant in the
process silently riding into the sunset. Yeah, paul’s
collecting his social security checks but seeks to end social security; what,
after he dies and stops collecting? Senility is the only explanation for his
uncouth attitude devoid of reality. Very disappointing! Really rather pathetic!
}
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.
(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
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.
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.
‘But he had been in the camp for over six months, and
when he returned to Alego he was very thin and dirty. He had difficulty
walking, and his head was full of lice. He was so ashamed, he refused to enter
his house or tell us what happened.’
In a 2008 interview, 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 in
Kenya, Indonesia, Hawaii and the mainland United States, found that there were ‘no
remaining records of any detention, imprisonment, or trial of Hussein Onyango
Obama’. He
interviewed five people who knew Obama’s grandfather, who died in 1979, who ‘doubted the
story or were certain it did not happen’.
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. It would have been difficult for him to
get a job with a white family, let alone a diplomat, if he once served in jail.’
Charles Oluoch, whose father was adopted by Onyango,
said that ‘he did not have any trouble with the government in
any way'.
Dick Opar, a relative by marriage to Onyango and a
senior Kenyan police official, gave what Maraniss judged to be the most
authoritative word. ‘People make up stories,’ he said. ‘If you get
arrested, you say it was the fight for independence, but they are arrested for
another thing.
‘I would have known. I would have known. 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. The author writes that
Obama presents himself in his memoir as ‘blacker and more disaffected’ than he
really was.
The memoir ‘accentuates characters drawn from black acquaintances
who played lesser roles his real life but could be used to advance a line of
thought, while leaving out or distorting the actions of friends who happened to
be white’…
In the forward to his memoir, Obama wrote that ‘for the
sake of compression, some of the characters that appear are composites of
people I’ve known, and some events appear out of precise
chronology’.
But Maraniss writes that Obama’s book is ‘literature
and memoir, not history and autobiography’ and concludes: ‘The character creations and rearrangements of the
book are not merely a matter of style, devices of compression, but are also
substantive.’
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. Obama himself told
Maraniss in a 90-minute interview that a racial incident involving a New York
girlfriend had in fact happened in Chicago.
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’, Maraniss finds.
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.
‘In the memoir Barry and Ray, could be heard
complaining about how rich white haole [upper class white Hawaiian] girls would
never date them. In fact, neither had much trouble in that regard.’
Obama notes of his own grandfather that he was apt to
create ‘history to conform with the image he wished for
himself’.
Maraniss, who also wrote an acclaimed biography of
Bill Clinton, suggests that throughout his life Obama himself, following on
from his forbears on both sides, has done the same thing.
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
}
Alex Jones’
infowars.com/prisonplanet.com
Please cancel my
registration / account without delay!
Thank you.
Signed: Albert L
Peia Dated: 6-17-12
http://albertpeia.com/tubbyjonesnottoobright.htm
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
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
{ 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:
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 <[email protected]>
To: [email protected]
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
Low IQ &
Conservative Beliefs Linked to Prejudice [ I disagree with this speciously reasoned article. First, all
races are prejudiced (I believe there to be and data supports evolutionary
underpinnings to this pervasive trait - beyond the scope of this comment).
Second, careful scrutiny of real, unfiltered data, coupled with command and
knowledge of statistics and probabilities lead ineluctably to certain
conclusions/outcomes that political correctness would love to ignore to the
‘innocent’ populace’s detriment and peril. Third, a study emanating from canada
is hardly the touchstone for credible ‘universal’ application inasmuch as,
though hardly a random sampling, I have personally found canadians to be
thieves and criminals without exception thus far in my direct experience. As
such, I’d say this specious study to be somewhat self-serving at best, and
spurious egalitarian propaganda at worst. Rationally based, meaningful,
uncorrupted law and enforcement, though rare, are a prescription for dealing
with base human instincts. It may not always be pretty, but reality counts! ]
http://theeconomiccollapseblog.com
http://albertpeia.com/usprisoncamp.htm
{ I really must say that this is a tough one because
the vast majority of
americans are inherently criminal, with the highest crime rates in the world
among the so-called ‘civilized’ nations (you can’t count the niggers of
sub-saharan africa as civilized, and there’s no question but that the niggers
have disproportionately skewed the american crime rates, particularly violent
crimes, higher); including, from my direct observation and experience, that
within all three branches of the u.s. government. Indeed, the (should be
prison) inmates are running this asylum called america. The reality is that
there are so many americans that are not in jail who
should be in
jail, it’s difficult to avoid these harsh third world
measures in what
has essentially become a third world nation overrun by
the most sordid, despicable criminals one can imagine.
They must really prosecute the biggest criminals including the oligarchs as,
ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat
offenders, etc., without exception. The problem with america is not the
terrorist threat from without, but rather the plethora of inherently criminal
americans within. Moreover, the corruption is pervasive and systemic.
Unfortunately, crime pays in america and pays well; and, God help you if you
try to live within the law and get in their way or potentially cost them money
or some of their illegal business because no one else will. There’s criminal
control at all levels of american society. That’s the problem; with the
relatively few non-criminally inclined, criminal by complicity inasmuch as
americans are for the most part gutless cowards who go along to get along along
with a million other excuses, not the least of which is ‘the price was right’.
That’s reality! That said, it’s the ‘for or agin’ me primitive mentality that
pervades the u.s. government, ‘thought police’, arbitrary powers of detainment,
abrogation of first admendment rights, internet intrusion/censorship, arbitrary
enforcement of the law, etc., that is and I find particularly appalling,
counter-productive, and regressive. There is an element of projection, given some of the evil
things the government has done abroad; blowback being not entirely out of the
realm of possibility which ultimately is the sad consequence of the worst of
human nature which is invariably inclined to go too far in the worst way. The
sad fact is that as with any banana republic, the governmental powers that be
go to whatever nefarious lengths necessary (control by whatever means, at some
level) to unreasonably maintain their access to undeserved power, money,
resources, luxuries, etc., invariably
to the detriment of the vast majority as is so here in america today. There are
very few positive things that can be said of america today. I, for one, cannot
think of any at all!
[ ‘america, love it or leave it’? Love it?
Truth be told, I don’t even like america!
See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm ] }
Obama Should ‘Remove Eric
Holder’ and ‘Just Come Clean’ on Fast and Furious, Says Rep. Steve King
CNSNews.com | “If I were
the president of the United States, I would find a way for Eric Holder to step
down, and it would be characterized as a firing,”
Trail of Death: Breitbart
Coroner Turns Up Dead, Arsenic Poisoning Suspected
Patrick Henningsen | Another
dead body turns up in LA, this time it’s a veteran coroner technican connected to the Andrew
Breitbart case.
http://albertpeia.com/95percentofjobslostmiddleclass.htm
http://albertpeia.com/21unansweredquestions.htm
BIN LADEN WAS ALREADY DEAD http://albertpeia.com/binladenwasalreadydead.htm
Bin Laden: Everyone Is Missing
the Big Picture
: George Washington : 04/30/2012
BLIND CHINESE ACTIVIST: THE PERFECT NEW
AMERICAN CITIZEN – DOESN’T KNOW ANYTHING ABOUT AMERICA AND HE IS BLIND!
Chinese Activist Makes Plea to U.S. Congress...
Obama under fire... {While there’s plenty
of deserved critism for wobama, on a multitude of issues, and should indeed be
voiced by a multitude of people; smith of pervasively corrupt, mob
infested/controlled jersey is not one to be doing the criticizing. As with
america generally, there is certainly nothing positive that can be said of the
sordid state of new jersey!}
US Using Staged “Blind
Activist” Stunt For Leverage Ahead of Talks Prisonplanet.com
Why Is It Necessary For The
Federal Government To Turn The United States Into A Prison Camp?
http://albertpeia.com/usprisoncamp.htm
{ I really must say that this is a tough one because
the vast majority of
americans are inherently criminal, with the highest crime rates in the world
among the so-called ‘civilized’ nations (you can’t count the niggers of
sub-saharan africa as civilized, and there’s no question but that the niggers
have disproportionately skewed the american crime rates, particularly violent
crimes, higher); including, from my direct observation and experience, that
within all three branches of the u.s. government. Indeed, the (should be
prison) inmates are running this asylum called america. The reality is that
there are so many americans that are not in jail who
should be in
jail, it’s difficult to avoid these harsh third world
measures in what
has essentially become a third world nation overrun by
the most sordid, despicable criminals one can imagine.
They must really prosecute the biggest criminals including the oligarchs as,
ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat
offenders, etc., without exception. The problem with america is not the
terrorist threat from without, but rather the plethora of inherently criminal
americans within. Moreover, the corruption is pervasive and systemic.
Unfortunately, crime pays in america and pays well; and, God help you if you
try to live within the law and get in their way or potentially cost them money
or some of their illegal business because no one else will. There’s criminal
control at all levels of american society. That’s the problem; with the
relatively few non-criminally inclined, criminal by complicity inasmuch as
americans are for the most part gutless cowards who go along to get along along
with a million other excuses, not the least of which is ‘the price was right’.
That’s reality! That said, it’s the ‘for or agin’ me primitive mentality that
pervades the u.s. government, ‘thought police’, arbitrary powers of detainment,
abrogation of first admendment rights, internet intrusion/censorship, arbitrary
enforcement of the law, etc., that is and I find particularly appalling,
counter-productive, and regressive. There is an element of projection, given some of the evil
things the government has done abroad; blowback being not entirely out of the
realm of possibility which ultimately is the sad consequence of the worst of
human nature which is invariably inclined to go too far in the worst way. The
sad fact is that as with any banana republic, the governmental powers that be
go to whatever nefarious lengths necessary (control by whatever means, at some
level) to unreasonably maintain their access to undeserved power, money,
resources, luxuries, etc., invariably
to the detriment of the vast majority as is so here in america today. There are
very few positive things that can be said of america today. I, for one, cannot
think of any at all!
[ ‘america, love it or leave it’? Love it?
Truth be told, I don’t even like america!
See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm ] }
http://albertpeia.com/fastestgrowingreligioninamericaislam.htm
May 3, 2012 By gpc1981 http://albertpeia.com/merkelsinhotwaternomorebailouts.htm
Some pictures for the past quarter http://albertpeia.com/42712pics.gif
http://albertpeia.com/notgoingtohappen.htm
{ First, let me say at the outset, that if Ron Paul’s
grandmother had had wheels, she’d have been a trolley car. Not going to happen!
Second, I include this article on my website as a matter of first amendment
principle, encouraged by the authors of their website so to do. Third, and most
important, it doesn’t matter what Ron Paul does at this point. He’s totally
irrelevant as he’s proven over and over again to be at the end of an atypically
grueling primary campaign. Quite simply, with plenty of opportunity to do so,
Ron Paul never resonated with the primary voters of his own party, which party
he himself chose. In a general election, Ron Paul would be lucky to get
(probably the low end of the range of) 15%-25% of the vote. Remember: we’re not
talking about a high school debate here, but rather an american general
election with all its faults. There isn’t one vote that potentially goes to the
failed president obama that couldn’t/wouldn’t as likely go, and upon reflection
with rationality the criteria would go to Mitt Romney. Obviously, that’s
clearly not the case for Paul. Wobama‘s a jive-talking loser who failed to do
what he said he’d do last time around which we now know if he had done this
nation and the world would be in a better position this day. Mitt Romney really
wants to be President, which of course is not the decisive test. He’s smart
enough, and flexible enough (which set up the primary battles to follow) to be
President of all the nation. He wanted it, fought for it, and has earned it. At
the age of 77, one could only at best say of Ron Paul that he should have
started sooner. At worst, given that Paul’s chosen defacto to favor the side of
collectively the losers for the proven loser, the mentally troubled b***s***
artist obama; which then makes him no more than a loser himself, and an
embittered, senile old man at that. I side with the former missionary,
President Mitt Romney and First Lady Ann who I congratulate for their victory
in what I further believe will be a blowout victory in November. }
http://albertpeia.com/governmentchippinaway.htm
http://albertpeia.com/24factsproveamericaanationofslobs.htm
INFOWARS.COM
http://www.infowars.com On the Wednesday, May 9
edition of the Alex Jones Show, Alex talks with Douglas J. Hagmann, founder and director of the Northeast Intelligence
Network. He is also the CEO of a private investigative agency serving a roster
of Fortune 500 clients. Due to his expertise in covert surveillance and
counter-terrorism, Mr. Hagmann has been used as an operational asset by the
U.S. Department of Justice, the FBI, as well as the Pennsylvania and New York
State Police agencies. Earlier this month, Doug said high-level, reliable sources
told him the Department of Homeland Security is preparing for “massive civil
war” in America as a result of a collapse of the dollar and the hyperinflation
that will result. Alex also continues his coverage of the Army's re-education
camps and the upcoming Bilderberg confab in Virginia.
http://albertpeia.com/foodkills.htm
Obama
criticizes Romney as 'backwards on equality' President
Barack Obama wasted little time casting Republican rival Mitt Romney as
"backwards on equality" on Thursday, eager to transform his historic
embrace of same-sex marriage into donor... { Except that wobama’s been as he
puts it, backwards on equality until one day ago when he embraced same sex marriage
for election-year expedience in desperation after opposing same for years; and,
don’t forget, despite promises to the contrary, no prosecutions for the big
frauds on wall street who remain in wobama’s monkey-eyes more equal than
others. The wobamas, wobama, stand for nothing whatsoever and are just a pair
of grifters who make the entire nation, if not the world, look dumb and
foolish! }
http://albertpeia.com/illegalimmigranttaxscam.htm
Poll: Obama Trails Romney By 7
Per Cent
Rasmussen Reports
AFP
Newsweek
cover: Obama ‘first gay president’
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.}
{
First and foremost clarification: There are no elite on this planet. The grim reality for this planet is a dominant
species descended from initially notochords, primitive chordates, and
relatively more recently primitive apes.
See generally, http://albertpeia.com/anthroindex1.htm , for a
brief but sorrowful history of man. }
http://albertpeia.com/planetalreadyruined.htm
http://albertpeia.com/newworldordervedgesmockus.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. }
http://albertpeia.com/planetalreadyruined.htm }
http://albertpeia.com/targetinguscitizens.htm
http://albertpeia.com/biguscitiescesspoolsoffilthdecaywretchedness.htm
http://albertpeia.com/unwantscontrolofinternetforcensorshiptaxessurveillance.htm
http://albertpeia.com/10signsamericanhighwaysnowhightechprisongrid.htm
June 6, 2012 http://albertpeia.com/blackonbrowncrime.htm
http://albertpeia.com/blackonbrowncrime.htm
http://www.albertpeia.com/whitesvictimizedbyblacks.htm
http://albertpeia.com/25questionsmainstreammedianoanswers.htm
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 }
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. }
‘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 (because it will end their
suffering), that it is good for the environment and that it is even good for the
economy. We are being told that denying life saving treatments to old
people will dramatically reduce health care costs and make the system better
for all of us. We are being told that it is not "efficient" for
health insurance companies to shell out $100,000 for an operation that may
extend the life of an elderly person by 6 months. But the truth is that
all of this is part of a larger agenda that the elite are attempting to
advance. As I have written about previously, the elite love
death, and they truly believe that reducing the population is good
for society and good for the planet. Sadly, population control propaganda
has reached a fever pitch in recent months.
Time Magazine has just come out with a very shocking
cover story entitled "How To Die". The article goes on and on
about how wonderful and compassionate it is to remove life saving treatment
from sick relatives.
A recent article by Mike Adams summarized the message of this
disgusting article....
Inside, the magazine promotes a cost-saving death
agenda that encourages readers to literally “pull the
feeding tubes” from their dying elderly parents, causing them to
dehydrate and die. This is explained as a new cost-saving measure that
drastically reduces return hospital visits by the elderly… yeah,
because dead people don’t return to the hospital, of course.
Many of you also probably remember the Newsweek cover
story from a couple years ago that was entitled "The Case for Killing Granny".
Underneath that shocking title was the following
phrase: “Curbing excessive end-of-life care is good for
America.”
According to the author of that article, spending less
money on the elderly is the key to successful health care reform....
The idea that we might ration health care to seniors
(or anyone else) is political anathema. Politicians do not dare breathe the R
word, lest they be accused—however wrongly—of trying
to pull the plug on Grandma. But the need to spend less money on the elderly at
the end of life is the elephant in the room in the health-reform debate.
Everyone sees it but no one wants to talk about it. At a more basic level,
Americans are afraid not just of dying, but of talking and thinking about
death. Until Americans learn to contemplate death as more than a scientific
challenge to be overcome, our health-care system will remain unfixable.
Sadly, articles like that one are becoming quite
frequent in mainstream media sources.
Just a few days ago, a Bloomberg article entitled
"How 'Death Panels' Can Prolong
Life" declared that we must "deny treatment to people who
want it" in order to hold down costs....
In short, all the Republican talk during the
health-care- reform debate about “death panels” was
melodramatic and unfair, but not ridiculous. One way or another, holding down
health-care costs will require policies that deny treatment to people who want
it. And want it because it will extend their lives.
This goes on already, all the time. Health insurance
companies have been known to deny payment for treatments deemed unnecessary.
Age limits for organ transplants are another example. All policies that involve
denying care because of “quality of life”
considerations are, in effect, “death panels.” But no
society can afford to give every citizen every possible therapy. Medicare is
going broke trying.
So who are we supposed to deny treatment to?
The elderly of course.
According to that Bloomberg article, we are supposed
to kill off our sick grandparents because the "quality of life" they
would be expected to have if they recover would not be enough to warrant
spending so much to save them....
A $200,000 operation can add a year or two to the
life of an octogenarian, or it can save decades of life for younger people. In
a country like the U.S., with an average life expectancy of 78.5, it takes 10
septuagenarians who get an extra five years from the health-care system to
balance a single 30- year-old who gets 50 extra years. Or save the life of a
newborn, who then enjoys a normal life span and dies at 78.5, and you have the
same impact on national life expectancy as 16 operations on septuagenarians.
The average national life expectancy can increase even as the cost goes down.
This is the kind of thinking that starts happening in
a society that dramatically devalues life.
If human life has little value, then it is easy to
start justifying things that would have once been unthinkable.
For example, one surgeon is now suggesting that we
should start harvesting organs from patients before they die....
Dr. Paul Morrissey, an associate professor of surgery
at Brown University's Alpert Medical School, wrote in The American Journal of
Bioethics that the protocol known as donation after cardiac death -- meaning
death as a result of irreversible damage to the cardiovascular system -- has increased
the number of organs available for transplant, but has a number of limitations,
including the need to wait until the heart stops.
Because of the waiting time, Morrissey said that
about one-third of potential donors end up not being able to donate, and many
organs turn out to not be viable as a result.
Instead, he argues in favor of procuring kidneys from
patients with severe irreversible brain injury whose families consent to kidney
removal before their cardiac and respiratory systems stop functioning.
Do you want your organs harvested before you are
dead?
Sadly, those that often do need organ transplants the
most these days are often denied for "quality of life" issues as
well.
For example, at one U.S. hospital a 3-year-old girl
named Amelia was denied a kidney transplant that she desperately
needed simply because she is considered to be "mentally retarded".
These are the kinds of decisions that are being made
by doctors and by health insurance companies all over America every day.
And did you know that life-ending drugs are going to
be 100% free under Obamacare?
I did not know this until I read a Christian Post article the other day....
A Christian-based legal defense alliance is warning
Americans who already believe that President Barack Obama's health care plan is
a bad idea that the "ObamaCare mandate is worse than you think."
"Everyone likes a good surprise, but no one
likes a bad surprise. So, you're really not going to like the surprises buried
in the 2,700 pages of this document," says the narrator of a short video
produced by the Alliance Defense Fund.
"Did you know that with ObamaCare you will have
to pay for life-saving drugs, but life-ending drugs are free. One hundred
percent free. If this plan were really about health care wouldn't it be the
other way around?"
Apparently they want to make it as easy to off
yourself and your relatives as possible.
So where is all of this headed?
Are we eventually going to become like the
Netherlands?
In the Netherlands, mobile euthanasia teams are now going door
to door to help elderly patients end their lives in the comfort of their own
homes.
Is that what we want?
Do we want government agents going door to door to
help people die?
As I have written about previously, the elite believe
that the world is massively overpopulated and they believe that all of us are ruining their planet.
So they love euthanasia, abortion
and pretty much anything else that will result in more people ending up dead.
What are your thoughts about all of this? Please feel free to post a
comment with your opinion below....’
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
Mood
toward Romney's prospects brighten
Infowars.com | As the
Queen waves on, relatively few remember the cold-blooded murder which was then
used as a giant psy-op on the public. Europe's Banking Union
'Non-Solution' , 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
http://albertpeia.com/2trapsdestroyingnextgenerationofamericanmen.htm
http://albertpeia.com/totheguillotine.htm
http://www.albertpeia.com/whitesvictimizedbyblacks.htm ]
http://albertpeia.com/whydoesmainstreammediaignorebilderberggroup.htm
Submitted
by Tyler Durden on
05/31/2012 http://albertpeia.com/usdhsadmitsmonitoringyouforthese377words.htm
http://endoftheamericandream.com
http://albertpeia.com/2yearsinprison.htm
{ I personally am against any and all forms of corporal punishment, ie.,
hitting, striking, spanking, etc., of a child and include this article as a
matter of first amendment principle. I understand that in an inherently and
pervasively lawless nation as america, the surface appeal of corporal
punishment is compelling. I disagree with the author’s premise: ‘When many of us were growing up, once
in a while our parents would take out a belt or a wooden paddle and give us a
paddling on the behind when we did something wrong. Was there anything wrong
with that? Of course not.’ }
Americans target of state-sponsored assassination
program
Paul
Joseph Watson
Prison Planet.com
Tuesday, May 29, 2012
President Barack Obama’s
unconstitutional secret ‘kill list’ includes a 17-year-old girl along with
several American citizens, according to a New York Times report.
“Mr. Obama has placed himself at the helm of a top
secret “nominations” process to designate terrorists for kill or capture,
of which the capture part has become largely theoretical. He had vowed to align
the fight against Al Qaeda with American values; the chart, introducing people
whose deaths he might soon be asked to order, underscored just what a moral and
legal conundrum this could be,” reports the NY Times,
adding that one of the targets in Yemen is “a girl who looked even younger than her 17 years,” and that “Several
were Americans.”
The White House has asserted the right to carry out
state-sponsored assassination anywhere in the world without having to provide
any evidence or go through any legal process. The administration merely has to
state that the target is a terrorist and it doesn’t matter
whether they are an American citizen or not, as we saw in the case of American-born Anwar al-Awlaki
and his son, who were both killed last year.
In December, Obama administration lawyers
reaffirmed their backing for state sponsored assassination, claiming
that “U.S.
citizens are legitimate military targets” and do not have the right to any legal protection
against being marked for summary execution.
During a CBS 60 Minutes
interview in January, Secretary of Defense Leon Panetta revealed
that Obama himself personally approves the policy to kill American citizens
suspected of terrorism without trial on a case by case basis.
“So it’s the requirement of the administration under
the current legal understanding that the president has to make that
declaration, not you?” Panetta was asked, to which he replied, “That is
correct.”
The fact that the administration is carrying out
state-sponsored assassination with absolutely no regard to legal due process in
the name of fighting Al-Qaeda is particularly brazen given the fact that the US has backed Al-Qaeda
terrorists in both Libya and Syria in the effort to overthrow
Colonel Gaddafi and Bashar Al-Assad.
“In the USA, it is illegal to impose executions on
people under 18, something that most Democrats would support, I suppose. Yet,
their vaunted president, Barack Obama, has declared that a 17-year-old girl is
to be gunned down if American spies can find her,” writes Bill Anderson.
“Somehow, I doubt that there will be a peep of protest
about that at the Democratic National Convention this summer. And, to make
things even more depressing, I’m sure that the Republicans will claim that Obama is “soft on
terrorism” and is too “timid” to launch the U.S. Killing Machine in full force. So
it has come to this: Washington, D.C., is the new home of Murder, Inc.”
http://endoftheamericandream.com
http://albertpeia.com/usmultilingual.htm
Woman charged in NJ deaths of
2 Canadian tourists AP ‘…The killings marked the third
and fourth homicides involving visitors to Atlantic City in the past two years.
Exactly two years before the women were attacked, a casino patron from northern
New Jersey was carjacked inside the Taj Mahal casino parking garage and later
killed. A man convicted in that case is to be sentenced on Thursday. In
September, another casino patron, also from northern New Jersey, was carjacked
from the same garage and later fatally shot. Three young men are awaiting trial
in that case…’ {Then there’s the pervasive mob element…jersey is disgusting!}
Romney opens
new front vs Obama: schools are failing
Romney fires
back: Election is about Obama's record
Romney promotes education agenda,
defends Bain Originally
planning to focus on education, Mitt Romney instead reignited the debate over
his business credentials on Wednesday, welcoming scrutiny of the private equity
firm he co-founded and declarin...
http://albertpeia.com/top50excusesfornotprepping.htm
Aaron Dykes | Publicist says “fact checking” not
correspondence with Obama to blame, as apology is rushed out
Infowars | Over 16
Years, Obama’s Literary Agency Circulated Official Biography
Listing Birthplace as Kenya, Suddenly Changing it to Hawaii in 2007 Ahead of
Bid for Highest Office
Infowars | Obama’s own
authorized biography while president of the Harvard Law Review says he was “born in
Kenya.”
Paul
Joseph Watson | Establishment media pulls stunt in effort to
diffuse ‘birther’ controversy.
Establishment media pulls stunt in effort to diffuse ‘birther’
controversy
Paul
Joseph Watson Infowars.com Friday, May 18, 2012
The establishment media hastily seized on yesterday’s explosive
story about a literary publication listing Barack Obama’s
birthplace as Kenya in an effort to claim that the 1991 brochure was the “origin” of the
entire ‘birther’ issue. In reality, evidence that Obama was born in
the African country is abundant.
A literary agent’s promotional text for a 1991 brochure released yesterday by
Breitbart.com states Obama was “born in Kenya and raised in Indonesia and Hawaii.”
Yahoo News, along
with a deluge of other mainstream news outlets, responded by reporting that the
document was potentially the “source” of the birther controversy and had merely been a
mistake.
The literary agent who wrote the description, Miriam
Goderich, now works with Dystel & Goderich agency, which lists Obama as one of its clients. Unsurprising
therefore that Goderich hastily claimed listing Obama’s
birthplace as Kenya was “nothing more than a fact checking error.”
However, evidence to indicate that Obama war born in
Kenya is plentiful and it goes significantly beyond the 1991 version of the
brochure.
- Despite claiming the passage about Obama’s
birthplace being Kenya was a mistake, the listing still maintained that Obama’s
birthplace was Kenya until after Obama became a U.S. Senator. “Goderich’s statement
fails to explain why the “fact checking error” persisted for sixteen years, through at least three
different versions of Jane Dystel’s website, and through at least four different
versions of Obama’s biography,” reports Breitbart.com.
- The literary agency also updated the text in June 1998,
but the part about Obama being born in Kenya was retained.
- The text was again updated in February 2005 to
reflect the fact that Obama had become a Senator, but Kenya was still listed as
his birthplace.
- After an April 2007 modification of the text, the
passage still read Obama, “was born in Kenya.”
- As Steve Boman reveals,
the Dystel & Goderich agency asks its clients to submit their own
biography, meaning it’s virtually impossible the listing of Obama’s
birthplace as Kenya could have been a “fact checking error” on behalf of the literary company itself.
- During a speech about HIV, First Lady Michelle
Obama said she and Barack Obama “visited his home country of Kenya.” Watch the
clip below.
- In 2008, Obama’s paternal step grandmother appeared to indicate
publicly that Barack Obama was born in Kenya. In an interview
conducted by American Christian minister Ron McRae, Sarah Obama was asked, ‘Were you
present when your grandson was born in Kenya?’” McRae testified in his sworn statement. “This was
asked to her in translation twice, and both times she replied, “Yes! Yes
she was! She was present when Obama was born.”
- Another source who met Sarah Obama told World Net
Daily, “I have keenly and attentively listened to the tape
over and over again, and I can confirm from Sarah’s own
confession that Barack Obama was born in Kenya in her presence.”
- A separate Kenyan government official agreed,
stating, “I have listened to the tape. The preacher asked
whether Barack Obama was born in Mombassa, and the translator asked the same.
When she said Mombassa, it was like a surprise, and those there thought she
could not have meant to say Mombassa.”
- When New York Times bestselling author Jerome Corsi
traveled to Kenya to investigate the claims, he was almost immediately kicked out of the country
by Kenyan officials.
- When Kenya’s National Security Intelligence Service investigated claims that Obama was born in Kenya,
officials in Nairobi found “relevant birth records may have been removed or were
missing.”
- Obama has deep political connections in Kenya. From
2006 onwards he rallied in support of Islamist
Raila Odinga in Kenya, helping him impose Sharia law. When Odinga
lost the Kenyan election in 2008, his supporters rioted, unleashing a wave of
violence. Despite the bloodshed, Obama used his influence to aid Odinga in
retaining his position as part of a coalition government.
For the mainstream media to imply that the 1991
brochure is the “source” of the claim that Obama was born in Kenya is
completely inaccurate. Not only was that brochure updated many times right up
until 2007, with the information about Obama’s birthplace being Kenya retained, but there are
numerous other factors which all indicate that Kenya could indeed be Obama’s homeland.
*********************
Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos.
Watson is also a regular fill-in host for The Alex Jones Show and Infowars
Nightly News.
Similar/Related
Articles
Infowars.com | Alex
speaks with Congressman Walter B. Jones, Jr. about H.CON.RES.107.
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.
Infowars | Obama’s own
authorized biography while president of the Harvard Law Review says he was “born in
Kenya.”
Aaron Dykes |
Publicist says “fact checking” not correspondence with Obama to blame, as
apology is rushed out
Infowars | Over 16
Years, Obama’s Literary Agency Circulated Official Biography
Listing Birthplace as Kenya, Suddenly Changing it to Hawaii in 2007 Ahead of
Bid for Highest Office
Infowars | Paul
Harvey predicts the future with the radio piece from the early 90′s.
Infowars | Obama’s own
authorized biography while president of the Harvard Law Review says he was “born in
Kenya.”
breitbart.com | Obama’s publisher
reveals more evidence Obama in violation of the Constitution.
Paul Joseph Watson | Defense Secretary re-affirms Obama
administration’s unconstitutional stance. { Wow! Talk about making
up the ‘rules’ as you go along! Absolutely shocking! }
Prisonplanet.com | Defense
Secretary Leon Panetta says the President has the authority to override
Congress’ exclusive power to declare war, if some “vital
interest” is at stake. { Wow! Talk about making up the ‘rules’ as you go
along! Absolutely shocking! }
INFOWARS.COM
http://www.infowars.com On the Wednesday, May 9
edition of the Alex Jones Show, Alex talks with Douglas J. Hagmann, founder and director of the Northeast Intelligence
Network. He is also the CEO of a private investigative agency serving a roster
of Fortune 500 clients. Due to his expertise in covert surveillance and
counter-terrorism, Mr. Hagmann has been used as an operational asset by the
U.S. Department of Justice, the FBI, as well as the Pennsylvania and New York
State Police agencies. Earlier this month, Doug said high-level, reliable
sources told him the Department of Homeland Security is preparing for “massive
civil war” in America as a result of a collapse of the dollar and the
hyperinflation that will result. Alex also continues his coverage of the Army's
re-education camps and the upcoming Bilderberg confab in Virginia.
http://albertpeia.com/42712pics.gif
RT | A new
Department of Defense document has been leaked to the Web that details “Internment
and Resettlement Operations.”
Paul Joseph Watson |
Political activists would be pacified to sympathize with the government.
http://albertpeia.com/whatwhosehistory.htm
http://albertpeia.com/unsoundslikeaplanfordisasterontheway.htm
Paul Craig
Roberts | When did things begin going wrong in America?
http://albertpeia.com/howlibertywaslost.htm
Paul
Joseph Watson | The five core reasons why Obama should be
impeached.
THE FIVE CORE REASONS WHY OBAMA SHOULD BE IMPEACHED
Paul
Joseph Watson
Prison Planet.com
Thursday, April 12, 2012
A new national movement has been launched to impeach
President Obama based around five core issues which clearly demonstrate how
Obama has flagrantly violated the Constitution.
The campaign, backed by director, producer, actor and
writer Sean Stone, is a follow-up to North Carolina Republican Walter Jones’ efforts to
bring the administration to account for launching unconstitutional wars without
the authorization of Congress. Jones’ recently introduced
resolution states that such actions represent “an
impeachable high crime and misdemeanor.”
The five core reasons for impeachment proceedings to
be launched can be summarized as follows;
#1) Despite
promising otherwise, Barack Obama committed U.S. military resources to overthrow
Libyan leader Colonel Gaddafi without any kind of congressional authorization
whatsoever and without citing any evidence that Libya under Gaddafi was a
threat to the security of the United States. Furthermore, Obama brazenly
undermined the power of Congress by insisting his authority came from the
United Nations Security Council and that Congressional approval was not
necessary. “I don’t even have to get to the Constitutional question,” Obama churlishly remarked.
#2) On New
Years Eve 2011, Obama signed into law the National Defense Authorization Act
which includes provisions that permit the abduction and military detention
without trial of U.S. citizens. Despite Obama claiming he would not use the
provisions to incarcerate U.S. citizens, it was his administration that
specifically demanded these powers be included in the final NDAA
bill.
#3) The
passage of the Obamacare bill, under which Americans will be forced to buy
health insurance, is clearly anathema to the Constitution. “The
individual mandate is unprecedented and exceeds Congress’s power to
regulate interstate commerce. If it is allowed to stand, Congress will be able
to impose any kind of economic mandate as part of any kind of national
regulatory scheme,” writes Ilya Shapiro,
a Senior Fellow in Constitutional Studies, Cato Institute.
#4) Obama’s role in
the economic looting of America since he took office is unprecedented.
Specifically, Obama violated the Constitution’s Takings and Due Process Clauses when he bullied the
secured creditors of automaker Chrysler into
accepting 30 cents on the dollar while politically connected labor unions and
preferential others received better deals.
#5) Finally,
Obama’s use of
signing statements shows his desire to continue in the vein of George W. Bush
and rule by executive fiat. This is a direct violation of Article II of the
Constitution.
You can support this effort to get political momentum
behind starting the impeachment process against Obama by forwarding this
article and video to your network on Facebook, Twitter, You Tube and every
other platform of communication.
If the makers of Kony 2012 can receive international
viral coverage for putting out a film that was little more than a veiled call
for another unconstitutional invasion, this call to impeach Obama deserves
equal attention.
Read further information about the reasons why Obama
should be impeached here.
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. 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 yougive them its never
enough.Filthy animals is all they are.
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 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. …’ ]
http://endoftheamericandream.com
http://albertpeia.com/stripyouanytime.htm
http://theeconomiccollapseblog.com
http://governmentparasitesforobama.htm
http://albertpeia.com/19thingstvtalkingheadsdontsay.htm
Aaron Dykes | Only
global government can save humanity, researchers claim while echoing MIT/Club
of Rome model for collapse by 2030.
10 Things Online Data Collectors
Won't Say
- They know your online browsing secrets. We reveal their hidden tactics.
By TANIA KARAS
http://albertpeia.com/10thingsonlinedatacollectorsdontsay.htm
Militarization of Police in
America: Trained by Mossad Press TV | Treating
peaceful American protesters like terrorists.
{ Trained by mossad? How pathetic if true! Oh, yeah, they cheered the
firey implosion of the 911 twin towers; not too difficult to figure out why.
After all, with america now in their game (that ‘pearl harbor event’ the
neocons / military industrial complex, etc., were shootin’ for), it would give
them time for their orgies, typical bacchanalia, extravagance, etc., see Victor Ostrovsky - Wikipedia, the free
encyclopedia en.wikipedia.org/wiki/Victor_Ostrovsky
Jump to By Way of Deception
: In 1990, he published By Way of Deception
to draw attention to the corruption and shortcomings of the mossad …}
http://albertpeia.com/cellphoneprisonershackedandtracked.htm
Timeline:
Major U.S. school and college shootings http://albertpeia.com/majorsuschoolcollegeshootings.htm
The Daily Bell
| These bills are all about the criminalizing of the Internet. [ Yes,
indeed! Consistent with and as set forth infra in this article, my direct
experience is that connecticut is just a corrupt nothing state that’s a ‘go along to
get along participant’ in the new york/new jersey corruption/mob axis.
Virginia is similarly corrupt with government mob a dominant player with a
parasitic/symbiotic relationship with mob as well as non-mob aka ‘sometimes
politics’; and california is just out to lunch which is
consistent with reputation which is reality; though still light years better
than, ie., jersey, etc.. On Drudge recently and my comment: Arizona
Passes Sweeping Internet Censorship Bill…[ arizona is
such a nothing, desert wasteland of a state; with war-mongering, neo-con
moribund loser mccain a testament to that fact]... ]
US Internet Criminalization
Now Pursued at State Level – Conn. Attacked The Daily Bell
Tuesday, April 3, 2012
ACLU Blasts ‘Electronic Harassment’ Bill; Says
It Criminalizes Free Speech … The American Civil Liberties Union of
Connecticut is blasting a bill proposed by state prosecutors that would make “electronic
harassment” a crime — including such acts as posting
information on the Internet that “has the effect of causing substantial
embarrassment or humiliation to [a] person within an academic or professional
community.” The bill, which comes up for a public hearing by the
legislature’s judiciary committee Thursday, “criminalizes
speech that is protected by the First Amendment of the Constitution,” said
Sandra Staub, legal director for the state ACLU. “It’s vague. It’s
overbroad.” For example, Staub said, it contains “no
standards for substantially interfering with someone’s academic
performance.” – N Hartford Courant
Dominant
Social Theme: Now SOPA moves to the states. Good.
Free-Market
Analysis: These bills are all about the criminalizing of the
Internet. Now that SOPA has been pushed back on the federal front, the action
is turning to the states. The idea, in our view, is to whittle away at the
Internet bit by bit. Create precedent at the state level and then move in again
at the federal level.
The powers-that-be don’t like the Internet or what we call the Internet
Reformation that has changed the context of the power debate in the US and
throughout the world.
The Internet has exposed the memes of the elite,
the dominant social themes that are used to promote world government by
scaring people into cooperating with internationalist facilities like the UN.
The powers-that-be are using the same strategies as
regards the Internet. They are trying to convince people that a series of
organized electrons are as a dangerous as a dark alley on a bad side of town.
The Internet needs to be seriously policed and criminalized.
SOPA itself was an attempt at this criminalization.
Here’s something
from Wikipedia on the bill, which has not passed thus far:
The Stop Online Piracy Act (SOPA) is a United States
bill introduced by U.S. Representative Lamar S. Smith (R-TX) to expand the
ability of U.S. law enforcement to fight online trafficking in copyrighted
intellectual property and counterfeit goods. Provisions include the requesting
of court orders to bar advertising networks and payment facilities from
conducting business with infringing websites, and search engines from linking
to the sites, and court orders requiring Internet service providers to block
access to the sites. The law would expand existing criminal laws to include
unauthorized streaming of copyrighted content, imposing a maximum penalty of
five years in prison. A similar bill in the U.S. Senate is titled the PROTECT
IP Act (PIPA).
Whether or not these bills are being written by
well-meaning people, they have the result of turning a free-speech arena into a
criminally patrolled environment. As a result, communication will suffer and
the ability of people to explain to each other the Way the World Works will
also degrade. Here’s more from the article excerpted above:
As the bill is written, someone could be charged with
electronic harassment — and, theoretically, jailed for up to a year and
fined $2,000 because the crime would be a “class A”
misdemeanor — if he or she posted information about a person that
was true, Staub said. For example, she said, even if a student posted accurate
information on Facebook saying that a certain professor had committed
misconduct in the past, and that professor found it embarrassing or
humiliating, the professor could ask the police to arrest the student.
Civil statutes and long-established case law already
deal with allegations of defamation — a person can sue for slander or libel
if his or her reputation is damaged by untrue information — and there’s no need
to criminalize the issue, Staub said.
The virtue of civil defamation law is that a person
cannot be held liable for defamation if the offending statement is true, Staub
said, noting that the “electronic harassment” bill, as
written, even removes truth as a defense.
Besides, Staub said, in a free society citizens
should be able to offer negative opinions that may not even be absolute fact.
Students should be allowed to rate the performance of professors, for example,
by offering criticisms that they are inept or seem to take their lectures right
out of some textbook, Staub said. “We have a constitutional right to
annoy, bother, and offend, basically.”
Whatever else the ACLU may be, they have moments when
they perform a real service, as in this case. There is nothing on the Internet
that needs another law to confront it, as Staub herself notes. “Moreover,
there are already criminal laws under which people are arrested for threatening
and harassing others, she said. These existing criminal statutes contain
well-established standards for what constitutes a crime — such as
making statements to a person that cause him or her to fear physical harm.”
Perhaps a key point made in the article is a
statement by Staub that the bill, Senate Bill 456, “has emerged
seemingly out of nowhere, relatively far into the legislative session … ‘I have no
idea why this bill is here.’”
We think we do, though. The US is apparently in the
grip of directed history. A small criminal clique has grasped control of the US
and is driving the country and the world toward global government. The Internet
stands in their way and they will destroy it if they can.
Who knows if the Connecticut bill will go anywhere.
It is “overly
broad,” to say the
least. But its introduction in Connecticut – a fascist mess of a state – is
notable.
It does seem, in our humble view, to mark another
expansion of the elite’s war against the Internet in the US. Perhaps there
are similar initiatives being pursued in other states as well.
Conclusion: They begin
at the federal level. That’s the first and simplest option. But now they are
likely starting to work their way down to state and even municipal levels if
necessary. This is how the dialectic is pursued.
United States of Mass Murder:
Only Mao Killed More
Kurt Nimmo | The
United States killed more than Stalin and Hitler?
http://theeconomiccollapseblog.com
http://albertpeia.com/tornadoestothemidsection.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/preppers.htm
Timeline: Major U.S. school and
college shootings http://albertpeia.com/majorsuschoolcollegeshootings.htm
Prison Planet.com | “We want to
create (what’s called) a global minimum tax”.
Washington Examiner | Rush was
wearing a grey hoodie under his suit jacket. [ Typical 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 nigger soul man. ]
http://endoftheamericandream.com
http://kidsterrorizedbyterrordrills.htm
Kurt Nimmo | French
citizens visiting “extremist” websites would be treated same as those who look at
child pornography.
[ Little nicky is so pathetic and a testament
to how far france has fallen. Former ‘mossady’, this pro-zionist incompetent has really pulled
france down, including his affront by ejecting his French wife in favor of the ‘experienced’ italian
carla bruni, while midstream in public office no less. Like obama, he sounded
like the ‘old biddies’ they are in plaintively expressing their displeasure
with the bloodthirsty incompetent war-monger netanayahu (that ‘leave the
microphone trick’). How pathetic for the world to have such failed
leadership. The problem is, as with Galileo, Copernicus, etc., what if the ‘extremists’ are right?
All truth passes
through three stages. First, it is ridiculed. Second, it is violently opposed.
Third, it is accepted as being self-evident.--Arthur Schopenhauer And, who determines what’s extreme?
]
Drudgereport:
Obama gets personal over killing of black Florida
teenager...
Urges 'soul-searching'...
More Miami schools stage mass walk-outs...
Gingrich calls Obama's Trayvon comments
'disgraceful'...
Cops: Man threatened to kill police chief at center
of case...
Jeb Bush: 'Stand your ground' invalid here...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made necessary
by the ever increasing number of brutal crimes committed by the black thugs in
neighborhoods across the nation; then there’s somalian pirates, etc.. People
domestically and internationally are suffering from nigger-fatigue and are
totally niggered out. Oh, yeah, there are some Hollywood types who feel good
about themselves having niggers around and helping niggers to help them feel
better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean) penn’
who cried like a baby while incarcerated for a couple of days not that long
ago. The atheist jolie, so fatherly troubled as she is, has let the equally
mentally troubled pitt (she so nutty she makes him feel somewhat sane though
still not too bright) and pendulum ‘backwoods bob’ be the closest she’s gotten
to her black projects. Let them live anonomously (in disguise) with the niggers
for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with the
embarrassing pro-nigger first lady remark..
[ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an
insoluble problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the
niggers, including niggerbama back to sub-saharan africa! ]
EUROPE RIDICULES
OBAMA...
'Maybe
copy key got stuck on presidential speechwriter's keyboard'...
REPORT:
Corzine Ordered $200M Moved to JPMORGAN Days Before MF GLOBAL Collapse...
...memo
contradicts Corzine testimony
LATEST
DOCUMENT DUMP: White House was all-hands-on-deck as SOLYNDRA collapse neared...
APPLE Flash Crash: Single Trade
Causes 9% Plunge...
APNewsBreak: Marine critical of Obama
faces charge [ This one
caught my eye. While it is true that good soldiering requires absolute
discipline by definition, oaths should be taken seriously, honored, and given
effect. That said, burning Qurans was the product I assume of orders reflecting
even more than just stupidity; hence, whoever gave the order should pay the piper. If no order, and stupidity as
with urinating on the bodies of the dead, can and should the actors be held
accountable for such gross stupidity? Absolutely! However, one must be mindful
of the reality that marines invariably have ‘skin in the game’ when it comes to
consequences of commanders in chief incompetence, unlawful acts, poor judgment
particularly as impacted by questionable mental states (arbitrarily taking the
last three presidents as illustrative, viz., clinton, bush, obama certainly
reflect this reality and concern coupled with the unnecessary murderous results
of their actions). There has been a longstanding rebuke of the ‘just following
orders’ defense accorded soldiers since particularly the nazi regime as an
example. As such, Stein certainly should be lauded for saying what all soldiers
should already know; namely, the unlawful detention of americans, among other
constitutionally barred activities should not be among those orders they are
willing to follow. The proscriptions of posse comitatus should also serve as a
guide. This is particularly important given the fragile mental state of
americans generally, and america’s leadership especially. No longer is it, if
ever it was, true that americans can be trusted to do the right thing. In fact,
quite the opposite is true. Wobama is a desperate and incompetent failure as
president whose invariable breach of campaign promises is a testament to his
unsuitability for the office he currently occupies; and, one can only thank
Stein for recognizing what could devolve into a much more serious and
devastating scenario for the nation owing to wobama’s ever increasing political
desperation. Broadly and generally, murky areas as this, even involving the
military, should be resolved in favor of free speech, first amendment
guarantees and against censorship. Guest Post: The Ascendence Of
Sociopaths In US Governance Durden 3-21-12 How
did we get here? An argument can be made that miscalculation, accident,
inattention and the like are why things go bad. Those elements do have a role,
but it is minor. Potential catastrophe across the board can't be the result of
happenstance. When things go wrong on a grand scale, it's not just bad luck or
inadvertence. It's because of serious character flaws in one or many – or even
all – of the players. So is there a root cause of all the problems I've cited?
If we can find it, it may tell us how we personally can best respond to the
problems. In this article, I'm going to argue that the US government, in
particular, is being overrun by the wrong kind of person. It's a trend that's
been in motion for many years but has now reached a point of no return. In
other words, a type of moral rot has become so prevalent that it's
institutional in nature. There is not going to be, therefore, any serious
change in the direction in which the US is headed until a genuine crisis
topples the existing order. Until then, the trend will accelerate. The
reason is that a certain class of people – sociopaths – are now fully in
control of major American institutions. Their beliefs and attitudes
are insinuated throughout the economic, political, intellectual and
psychological/spiritual fabric of the US.
Paul Joseph Watson | Media
Matters is a White House front group. [ Though a frequent critic of neo-con
Limbaugh, I’m against any and all attempts, particularly by
desperate wobama et als to shut him down based on what he’s said. ]
The Cyber Intelligence Sharing and Protection Act of
2011, introduced by Rep. Mike Rogers and Rep. Dutch Ruppersberger, allows
companies or the government free rein to bypass existing laws in order to
monitor communications, filter content, or potentially even shut down access to
online services for "cybersecurity purposes." Companies are
encouraged to share data with the government and with one another, and the
government can share data in return. The idea is to facilitate detection of and
defense against a serious cyber threat, but the language is so broad it could
be used as a blunt instrument to attack websites like The Pirate Bay or
WikiLeaks. Join EFF in calling on Congress to stop the Rogers cybersecurity
bill.
EFF has previously reported on two instances of
pro-Syrian-government malware targeting Syrian activists through links sent in
chats and emails. Now we've seen new Windows malware dropped by a fake YouTube
site hosting Syrian opposition videos. The fake YouTube page attacks users in
two ways: it requires you to enter your YouTube login credentials in order to
leave comments, and it installs malware disguised as an Adobe Flash Player
update.
Last week was Sunshine Week, a national celebration
of open government and freedom of information. In years past, the Obama
administration has been taken to task for reversing early promises on
transparency. Has it improved?
With that being said, the following are 40
embarrassing things that America is the best in the world at....
#1 America
has the highest incarceration rate and the
largest total prison population in the entire
world by a good margin.
#2 There are
more car thefts in the United States than anywhere else in the world by far.
#3 Of all the
major industrialized nations, America is the
most obese. Mexico is #2.
#4 The
average American drinks more than 600 sodas a year - the most in the
world.
#5 U.S.
corporations sell more fast food and more soda than anyone else in the world by
a wide margin.
#6 Nobody
watches more television per week (28 hours) than Americans do. Although to be honest,
people living in the UK are tied with us.
#7 The United
States leads the world in credit card fraud.
#8 The United
States has the highest percentage of one person households on the entire
planet.
#9 The United
States has the highest divorce rate in the world by a good margin.
#10 The United
States has the highest teen pregnancy rate in the world by far.
#11 There are
more school shootings in America than anywhere else
in the world.
#12 The United
States has the highest child abuse death rate in the world.
#13 There are
more "deaths by reptile" in America than
anywhere else in the world.
#14 The United
States has the most lawyers per capita in the entire world.
#15 The United
States produces more pornography than any other nation in the
world.
#16 Americans
take more prescription drugs than anyone else in the world.
#17 More is
spent on prescription drug advertising in America than
anywhere else in the world.
#18 The
percentage of women taking antidepressants in America is higher than in any other country in the world.
#19 More
people have been diagnosed with mental disorders in America than anywhere else
on earth.
#20 The United
States has the highest rate of illegal drug use on the entire globe.
#21 There is
more credit card debt in America than anywhere else
in the world.
#22 There is
more mortgage debt in America than anywhere else in
the world.
#23 There is
more student loan debt in America than anywhere else
in the world.
#24 The United
States spends more money on government schools than any other nation on earth does.
#25 U.S.
citizens spend more time in school than anyone else in the world. So why
are so many of us dumb
as a rock?
#26 Nobody in
the world gets more plastic surgery done than Americans do.
#27 The United
States leads the world in eating disorder deaths.
#28 According to nationmaster.com, the United States has the
most total reported crimes in the world by far.
#29 Nobody has
more airport security thugs groping women and children than America
does.
#30 The United
States spends much more on health care as a percentage of GDP than any other
nation on the face of the earth.
#31 The United
States has the most complicated tax system on the
entire planet.
#32 The United
States has the
most laws on the entire planet.
#33 The United
States spends more on the military than the next 12 nations combined, and yet the
Obama administration is considering plans to unilaterally slash the size of the
U.S. nuclear arsenal by up to 80 percent.
#34 The United
States has the most foreign military bases in the world by far.
#35 The United
States exports more arms to other countries than
anyone else in the world.
#36 Americans
spend more time sitting in traffic than anyone else in the
world.
#37 Americans
spend more money on
elections than anyone else does in the world by a very wide margin.
#38 Every
single year, the United States has the largest trade deficit in
the world by far.
#39 The U.S.
government wastes more money than any other government on earth does.
#40 The United
States has accumulated the biggest mountain of government debt in the history of the world.
So is the USA #1?
Unfortunately, the answer way too often is yes.
The goal of this list of embarrassing things is not
to trash America.
Rather, the goal is to wake Americans up and to get
them to realize what has happened to us.
We should be deeply humbled and embarrassed as a
nation. We were once the best in the world and the envy of the entire
globe, but now the whole world is laughing at us.
America is supposed to be a beacon of liberty,
freedom and prosperity for the entire planet.
Instead, we are rapidly turning into a horror show.
Wake up America. The condition of our country
is absolutely shameful, and every single day it gets even worse.
Please share this list with as many people as you
can. The American people need a massive wake up call, and it is up to
those of us that are awake to share the truth while we still can.’
‘Have you ever known someone that loves death?
When someone truly is in love with death, it can take that person to a very
dark place. Unfortunately, there are a growing number of scientists,
politicians and global opinion makers that believe that we must reduce the size
of the human population for the good of the planet. They are convinced
that humanity is causing global warming, killing off other species and making
this planet unlivable. In their quest to save the future of the planet,
they are becoming bolder and bolder with their calls for population
control. They love death because they believe that it will help save the
earth. They figure that with less humans around, there will be less
carbon emissions, less pollution and more room for other species. So how
will this be achieved? Well, as you will read about in the rest of this
article, "after-birth abortions", "mobile euthanasia
teams", "sperm-destroying ultrasound technology" and putting
contraceptives in the tap water are just some of the ways that are being
proposed to reduce current human numbers. This hatred of life and love of
death is being taught in colleges and universities all over the western world,
and this population control philosophy is becoming increasingly dominant with
each passing year.
I realize that the idea of "mobile euthanasia
teams" may sound like something out of a science fiction movie, but the
truth is that this is not just a "pie in the sky" concept.
In fact, in the Netherlands six mobile euthanasia teams are now going
door-to-door to help elderly patients end their lives in the comfort of their
own homes.
The following description of this program comes from
a recent article in The Independent....
The project, which has provoked sharp criticism from
doctors, is the brainchild of the Dutch largely donor-funded Right to Die NL.
It follows the government's 2002 decision to legalise euthanasia, making the
Netherlands the first country in the world to do so. Walburg de Jong, a
spokeswoman for the organisation said that since the ruling some 3,100 assisted
suicides had been carried out annually. The mobile euthanasia teams, she said,
operated free of charge and were designed to make it easier for patients
enduring interminable suffering to end their lives.
Can you imagine your grandparents getting a visit
someday from a mobile euthanasia team?
But it is not just the elderly that are being
targeted for death.
Two scientists recently made headlines all over the
world when they released a paper calling for the legalization of ''after-birth abortion''.
Alberto Giubilini of Monash University in Melbourne,
Australia and Francesca Minerva of the University of Melbourne co-authored an
article in the Journal of Medical Ethics entitled "After-birth abortion: why
should the baby live?"
In their paper, they argue that a baby is just a
"potential person" and that "killing a newborn should be
permissible in all the cases where abortion is, including cases where the
newborn is not disabled."
Giubilini and Minerva argue that just because a baby
is human does not mean that it has any rights. The follow quote is from their paper....
"Merely being human is not in itself a reason
for ascribing someone a right to life. Indeed, many humans are not considered
subjects of a right to life: spare embryos where research on embryo stem cells
is permitted, fetuses where abortion is permitted, criminals where capital
punishment is legal"
Giubilini and Minerva also believe that the
"burden" placed on the family and on society by a new baby must be
given precedence when it comes to matters of live and death. The
following is another quote from their paper....
"To bring up such children might be an
unbearable burden on the family and on society as a whole…On these
grounds, the fact that a foetus has the potential to become a person who will
have an (at least) acceptable life is no reason for prohibiting abortion."
Giubilini and Minerva insist that "after-birth
abortions" would have a lot of advantages.
For example, approximately a third of all babies with
Down syndrome are not diagnosed in the womb. After-birth abortions would
take care of that "problem" by allowing mothers to
"terminate" those children after they have been born.
Other scientists aren't just concerned about giving the
elderly and new mothers more "choices". Many are now advocating
the implementation of strict global measures to reduce the human population for
the sake of the environment.
For example, Colorado State University Professor
Philip Cafaro recently released a paper entitled "Climate Ethics and
Population Policy". In that paper, Cafaro declared that
humans are committing "interspecies genocide" and that therefore it
is imperative to reduce our numbers....
"Scientists now speak of humanity’s increased
demands and impacts on the globe as ushering in a new geological epoch: the
Anthropocene. Such selfish and destructive appropriation of the resources of
the Earth can only be described as interspecies genocide."
For Cafaro, simply stopping the growth of the human
population on earth is not enough. He says that in order to prevent
"catastrophic global climate change" we are going to have to
"significantly" reduce the size of the global population....
"Ending human population growth is almost
certainly a necessary (but not sufficient) condition for preventing
catastrophic global climate change. Indeed, significantly reducing current human
numbers may be necessary in order to do so."
Unfortunately, a love of death is now widespread at
U.S. colleges and universities. For example, Professor of Biology at the
University of Texas at Austin Eric R. Pianka once wrote the following....
I do not bear any ill will toward people. However, I
am convinced that the world, including all humanity, WOULD clearly be much
better off without so many of us.
Population control is something that Bill Gates has
been putting a lot of funding into as well. The following example comes
from a recent Natural News article....
Mass vaccination is apparently not the only
depopulation strategy being employed by the Bill & Melinda Gates
Foundation, as new research funded by the organization has developed a way to
deliberately destroy sperm using ultrasound technology. BBC News reports that
the Gates Foundation awarded a grant to researchers from the University of
North Carolina (UNC) to develop this new method of contraception.
For their study, the UNC team tested ultrasound on
lab rats and found that two 15-minute doses "significantly reduced"
both sperm counts and sperm integrity. When administered two days apart through
warm salt water, ultrasound caused the rats' sperm counts to drop below ten
million sperm per milliliter, which is five million less than the
"sub-fertile" range, and stay that way for up to six months.
Sadly, it is not just a few scientists and opinion
makers that are obsessed with death and population control.
As I have written about previously, the United
Nations continues to push Agenda
21 on the entire globe. The following is how the United
Nations defines Agenda 21....
Agenda 21 is a comprehensive plan of action to be
taken globally, nationally and locally by organizations of the United Nations
System, Governments, and Major Groups in every area in which human impacts on
the environment.
The United Nations publishes report after report
calling for more "global governance" over the environment. The
following comes from a recent Fox News article....
The report, “21 Issues for the 21st Century,” from the
United Nations Environment Program (UNEP) Foresight Process, is the culmination
of a two-year deliberative process involving 22 core scientists. It is expected
to receive considerable attention in the run-up to the Rio+20 United Nations
Conference on Sustainable Development, which will be held in Rio, Brazil, in
June.
The scientists who wrote the report say it focuses on
identifying emerging issues in the global environment, and that it is not about
mandating solutions.
But its critics see an agenda lurking in its 60
pages, which call for a complete overhaul of how the world's food and water are
created and distributed -- something the report says is “urgently
needed” for the human race to keep feeding and hydrating
itself safely.
But it isn't just food and water that the United Nations wants control over.
The truth is that the United Nations is absolutely
obsessed with the number of people living on the planet.
In a recent report entitled, "Resilient People, Resilient
Planet: A Future Worth Choosing" the UN warned about our
"unsustainable lifestyles" and of the disastrous impact of population
growth....
But what, then, is to be done if we are to make a
real difference for the world’s people and the planet? We must grasp
the dimensions of the challenge. We must recognize that the drivers of that
challenge include unsustainable lifestyles, production and consumption patterns
and the impact of population growth. As the global population grows from 7
billion to almost 9 billion by 2040, and the number of middle-class consumers
increases by 3 billion over the next 20 years, the demand for resources will
rise exponentially. By 2030, the world will need at least 50 percent more food,
45 percent more energy and 30 percent more water — all at a
time when environmental boundaries are throwing up new limits to supply. This
is true not least for climate change, which affects all aspects of human and
planetary health.
We are constantly being told these days that the
problem is that there are "too many people" and that if there are
less people things will be better.
Members of the U.S. government are even preaching
this philosophy.
Just the other day, Health and Human Services Secretary
Kathleen Sebelius was publicly proclaiming that the new requirement that all
health insurance plans cover sterilizations and contraceptives will be good for
employers and health insurance companies because it will mean less
births. She argued that the savings from less people being born will more
than make up for the expense of the sterilizations and the contraceptives.
Sebelius told Congress the following on Thursday....
"The reduction in the number of pregnancies
compensates for the cost of contraception"
Other members of the Obama administration are
preaching the population control gospel as well. U.S. Secretary of State
Hillary Clinton has even stated that population control will be a "centerpiece" of U.S. foreign policy from now on.
We even find a love of death in the White
House. Barack Obama's top science advisor, John
P. Holdren, once wrote the following....
"A program of sterilizing women after their
second or third child, despite the relatively greater difficulty of the
operation than vasectomy, might be easier to implement than trying to sterilize
men.
The development of a long-term sterilizing capsule
that could be implanted under the skin and removed when pregnancy is desired
opens additional possibilities for coercive fertility control. The capsule
could be implanted at puberty and might be removable, with official permission,
for a limited number of births."
That quote should send a chill up your bones.
In America today, life is considered to be cheap, and
that is especially true if you are "disabled" or
"defective" in any way.
At one U.S. hospital, a 3-year-old girl named Amelia
was recently denied a kidney transplant because she is
considered to be "mentally retarded".
How would you feel if that was your child?
Unfortunately, society continues to move away from
the idea that life is inherently valuable and deserves to be preserved.
In fact, many top global opinion makers are openly
calling for a dramatic reduction in human numbers.
CNN Founder Ted Turner once said the
following....
"A total population of 250-300 million people, a
95% decline from present levels, would be ideal."
For many more shocking quotes about population
control from scientists, politicians and top global opinion makers, just check
out this
article which I published previously.
The world is becoming a very heartless place.
Those at the top look down on the rest of us as if we
were vermin that need to be exterminated.
Increasingly, this sick population control agenda is
being preached at us in the mainstream media. For example, just check out
what the editorial page editor of The Detroit News says should be done in Michigan....
Since the national attention is on birth control,
here's my idea: If we want to fight poverty, reduce violent crime and bring
down our embarrassing drop-out rate, we should swap contraceptives for fluoride
in Michigan's drinking water.
We've got a baby problem in Michigan. Too many babies
are born to immature parents who don't have the skills to raise them, too many
are delivered by poor women who can't afford them, and too many are fathered by
sorry layabouts who spread their seed like dandelions and then wander away from
the consequences.
Michigan's social problems and the huge costs
attached to them won't recede until we embrace reproductive responsibility.
He is seriously proposing to put contraceptives into
our drinking water?
How can people be so twisted?
Sadly, as I mentioned earlier, this philosophy is
being endlessly preached at thousands of colleges and universities all over the
world.
The sick adherents of this philosophy love death and
are obsessed with controlling the population of the earth.
They are just going to keep pushing their agenda
further and further and further.
They truly believe that they must reduce our numbers
in order to save the planet.
But in their zeal to "save the earth" they
may take all of us to a very, very dark place…’
EFF: In our 600th issue:
While
copyright owners claim that they need anti-circumvention laws to address
copyright infringement, twelve years' experience with the U.S. DMCA provisions
demonstrates that overbroad digital locks laws can wreak havoc on lawful,
non-infringing activities, stifle free speech and scientific research, and harm
innovation and competition. Small wonder that a broad range of groups in Canada
have come out against the unforgiving nature of Canada's C-11 Bill, including
librarians, content creators, rights advocates and others.
For
many years, EFF has been working to encrypt the Web, pushing websites to adopt
better security and providing users with tools to protect themselves. This
month, we're looking at online dating sites, which can be particularly
negligent in safeguarding the sensitive data of users. Our analysis found these
sites failed to implement even basic levels of security, but we were
particularly concerned about the negligent security practices we discovered on
the free dating site OkCupid. We've contacted the site and asked them to
improve, but we could use your help. Send
OkCupid an email today asking them to implement HTTPS.
Using
data from EFF's SSL Observatory project, a team of researchers conducted an
audit of the public keys used to protect HTTPS. Lenstra's team has discovered
tens of thousands of keys that offer effectively no security due to weak random
number generation algorithms. The consequences of these vulnerabilities are
extremely serious.
Six Heartbreaking Truths about Online Dating Privacy
Millions
of people are using online dating sites to search for love or connection, but
users should beware: many online dating sites are taking short cuts in
safeguarding the privacy and security of users. Whether it's due to
counter-intuitive privacy settings or serious security flaws, users of online
dating profiles risk their privacy and security every day. We've put together
six sobering facts about online dating services and a few suggestions for
routing around the privacy pitfalls.
Comparing Privacy and Security Practices on Online Dating Sites
Concerned
about your privacy when you use online dating sites? You should be. We found
that the majority of the sites we examined did not take even basic security
precautions, leaving users vulnerable to having their personal information
exposed or their entire account taken over when using shared networks, such as
at coffee shops or libraries.
A Better Path for Apps: Respecting Users and Their Privacy
Earlier
this week, a Singapore-based iOS software developer made a startling discovery
while working with the popular social-networking app Path: in the course of
every new account creation, Path uploads the new user's entire iPhone address
book to their servers. The strong user reaction demonstrates that even as norms
of sharing evolve online and in the social networking space, users still value
their privacy highly.
The
world's biggest democracy is a formidable power in the IT sector. Despite
playing such a role -- or perhaps because of it -- India has struggled to
strike a balance between its security concerns and online freedom. Though the
country's constitution guarantees the right to freedom of expression, the state
is given the right to impose "reasonable restrictions ... in the interests
of the sovereignty and integrity of India, the security of the State, friendly
relations with foreign States, public order, decency or morality, or in
relation to contempt of court, defamation, or incitement to an offence."
Iran Ratchets Up Its Internet Censorship
The
Iranian government has not openly acknowledged these new measures. However,
they are widely thought to be preliminary steps towards a nation-wide Halal
Internet that would cut off a majority of citizens from the global web --
replacing it with one that would effectively block all foreign sites, allowing
only state-controlled content to be accessed within Iran.
What the RIAA Won't Tell You: Users Matter
The
New York Times published a lengthy screed from Cary Sherman, president of the
Recording Industry Association of America, complaining about how "Google
and Wikipedia" got in the way of efforts to ram through the Internet
blacklist bills, never mind the massive collateral damage to Internet security,
expression, and innovation those bills would have caused. The op-ed's really
unfortunate message is that Hollywood still thinks the way forward is for a few
executives to sit down together and make a deal.
The perpetual, invisible window into your Gmail inbox
Since
Gmail added OAuth support, an increasing number of startups are asking for a
perpetual, silent window into your inbox. While hugely convenient for both
developers and users, OAuth may be paving the way for an inevitable privacy
meltdown.
Amnesty International: EU urged to reject international
anti-counterfeiting pact
Amnesty
International urged EU governments not to join the Anti-Counterfeiting Trade
Agreement (ACTA), branding it a "Pandora's box" of potential human
rights violations.
We are the media, and so are you
In
a Washington Post op-ed, Wikipedia founder Jimmy Wales explains that it's
users, not corporate interests, who won the SOPA/PIPA fight.
ISSN
1062-9424
EFFector
is a publication of the Electronic Frontier Foundation.
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eff.org
Editor:
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[email protected]
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& donation queries: [email protected]
General
EFF, legal, policy, or online resources queries: [email protected]
Reproduction of this
publication in electronic media is encouraged. Signed articles
do not necessarily represent the views of EFF. To reproduce signed articles
individually, please contact the authors for their express permission.
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releases and EFF announcements & articles may be reproduced individually at
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Infowars.com
| Authorities are trying to officially designate noncomformity and free
thinking as a mental illness. [ Try as they might, it’s doubtful such efforts
could succeed, almost by definition alone, without self-destructive complicity on the part of the APA which would by
so doing undermine the APA’s credibility, as well as, their substantial progress
and achievements in this field. ]
Chimp from
1930s US 'Tarzan' films dead at 80 [ Chimpout! Blacks in
mourning! ] Cheetah, a chimpanzee said to have performed in the
"Tarzan" films of the 1930s, has died at the age of 80, according to
the Florida sanctuary where he lived. Did Cheetah
from 1930s Tarzan flicks die? A Florida animal sanctuary says
Cheetah, the chimpanzee sidekick in the Tarzan movies of the early 1930s, has
died at 80. But other accounts call that claim into question.
Pakistan's
military rejects Pentagon findings, denies coup plot MiamiHerald.com [Yeah … come on … who’d possibly be
foolish enough to believe the u.s. military or any other agency, entity of the
u.s., particularly concerning such a nefarious incident. Pervasively corrupt,
defacto bankrupt america doesn’t even own up to incidents concerning Americans
(ie., Pat Tillman, etc.).
Sneaker Mob Goes
On Rampage: The Decline of Western Civilization John Galt | When the
collapse happens, your neighborhood becomes a permanent Black Eye Friday.
They Can't
Wait, They (blacks) Break Into The Mall...
PappyHappy
How many used
their EBT card??
The following
is a MUST SEE for those who perceived themselves as ‘LEADERS OF URBAN AREAS,
AND FIXERS OF URBAN PROBLEMS’!
This is a
video of Mayor Michael Nutter (Mayor of Philadelphia) speaking at his Church in
August 2011. The video is approximately 30 minutes long, but a tutorial that
would be most beneficial to leaders, and those wishing to make a positive
change. Jump to MINUTE 9 for his salient points.
Makes one
wonder where other ‘self professed urban leaders’ have been doesn’t it??
December 23, 2011 at 8:27 pm | Reply | Report comment
Mudholder
I knew we were
headed towards ” Idiocracy “, when in 1971 they started teaching “ebonics”. at Lakewood high
school.
December 23, 2011 at 10:02 pm | Reply | Report comment
rusty the right wing nut
yeah its were
our tax money went statisticaly we paid for some of them shoes bunch of apes
they ussed their obama welfare foodstamp and unemploymeny money and probly some
money they sold crack for and probly pimped a few ni$$a Bi%%%%S as well for
cause dem shoes cause dey tight
December 23, 2011 at 10:37 pm
Michael
Christmas is
the birthday of the Son of God. Civilizied Christains worship God, love
eachother and seek peace on earth. Animals worship material material goods
which will fill a landfill someday. I pity the animals.
December 23, 2011 at 10:48 pm
DIVERSITY IS OUR STRENGTH!
Welcome to our
http://www.NewNation.org
December 23, 2011 at 11:21 pm
Allan Sokyra
DIVERSITY IS
NOT OUR STRENGTH!
UNITY IS. But that’s not somthing I expect the gimme, gimme, gimme
diversity crowd to understand.
December 24, 2011 at 3:22 am
JoeJones
Gimme some of
dem Obamabucks man!
December 24, 2011 at 5:34 am
Hal McCombs
Hey “Diversity”? Do you not know the
English language?
How can ‘diversity’, the root of which is “to divide”, bring us together?
Are all
leftists as stupid as you? (Especially the one calling himself “rusty” pretending to be a ‘right-wing’ redneck.)
December 24, 2011 at 5:53 am
Rita Ippolito
contrast this
honest and strong Black leader with the Race hustlers like Sharpton, Jackson..
WE NEED MORE LIKE HIM
December 23, 2011 at 11:13 pm | Reply | Report comment
Jomama
Obama
supporters…what
do you expect? Uncivilized and immature. Good God, a pair of shoes and the
chaos it causes? What about what our leaders are doing to this country and not
a care…God
help the USA!
December 23, 2011 at 11:34 pm | Reply | Report comment
LA Doc
Man, you ain’t kidding. Freeloading,
thieving, ghetto-rats. All of them. Just like the animals in the WH and
Congress.
December 23, 2011 at 11:46 pm
bullrider
I haven’t spent a fraction of
what those shoes cost for any I’ve bought EVER. Of course, I’m a systems analyst and
have to pay every frigging dime of the cost for food, housing, clothing,
medical care etc. for myself and my family, and pay huge taxes on my $60K
income so others CAN afford to buy those UGLY f-ing shoes.
December 24, 2011 at 12:39 am
Rob Frey
Wow I am
appalled at the state of society and just as appalled at the racial tones
thrown around in the comments. When i read this i didn’t even equate this to
black or white. Although reading more about this most of this was people of
color. Don’t
get me wrong i am no liberal i just don’t see skin color as a judgement before character.
This season there has been a far greater number of stories of blacks in
shopping incidents. I am sure the we will do a 10 million dollar study funded
by the government. My thought is the social issues are escalating due to the
not phasing out of Affirmative action. It had a purpose initially but now there
is a segment of society dependent on it along with providing a nanny state. It’s creating a racial
divide and an attitude of oh i deserve this it’s taken generations. We
now have a nanny state, which is by design to buy votes not to help long term
by making us equal in anyway. We have now a group that is dependent and
believes they are less than so they need this. This didn’t create equality, it
created a monster and now we have a president who is using the divide it has
cause as a weapon against whites. The facts are well know there is no evidence
that supports this Affirmative action as a long term thing had help our
society. We all have to stand on our own sooner or later. Please don’t read into this that i
believe all blacks are in this whirlpool hell no. It’s very much becoming a
Hispanic issue also, they can sneak into the US and get a free ride on many
services. What the hell, i have been brought up if i can’t afford i don’t get it, including times
where my cupboard was bare. I don’t go to the state, don’t have kids if you can’t afford them, don’t have sex if you can’t afford protection. Yet
we provide food and shelter for people who do nothing for other peoples money
distributed by the Government and stolen from the tax payer. We are at a
tipping point the number of people on assistance is close to the amount not
when that happens we have no chance of turning it around. This mess filled a
need and works fine short term, long term dependence take incentive and
personal drive away and creates a restless society that is given just enough to
get buy and no satisfaction of achievement. This is a colorless problem of
entitlements and Affirmative action. Now we are at a point if we change it
there is going to be racial and class warfare. Thanks libs, thanks obama for
the mastering us of the race card. Sorry about the rant.
December 23, 2011 at 11:45 pm | Reply | Report comment
rusty the right wing nut
liberal Pu$$Y
probly voted for HObama
December 23, 2011 at 11:47 pm
Annie
Dont insult
the intelligence of smart blacks or caucasions . Affirmative action is a
symptom not a cause. This is the face of ghetto culture and this primative
behavior exists in every african nation on earth. Stop with the excuses. Every
culture has been enslaved and “oppressed”. The mark of a people is how you pick yourself up,
rise above and organize your social behavior.This continued infantalization of
African American cultures doesn’t do anyone any favors. What exactly is it doing for
you? Cui bono?
December 24, 2011 at 12:17 am
bullrider
I’m not a person of color.
I must be transparent like window glass.
December 24, 2011 at 12:41 am
Andrew
Gee aren’t you so swell…you are just a such a
peach to be so above seeing the politically incorrect but oh so obvious truth.
The obvious fact being that 99.5% of urban blacks give the remaining half
percent a bad rap. Pull your head out…it ain’t racist if (and it is) the truth. These ‘people’ are an embarrassment to
any thinking individual, they are uncivil and are effectively acting as the
water in the fuel tank of this once great nation, and you are not helping by
denying it. I know you would not hold back if it was a bunch of white trash
doing the same.
December 24, 2011 at 12:52 am
Chris
A “gift” tree? Does this mean the
Menorah is now a gift candle stick?
December 24, 2011 at 12:48 am | Reply | Report comment
Jessie
This is a
black leader NOT Jackson , Sharpton and othe rcriminals. The black community
needs to get a grip on the hip hop culture of thugs and do it fast .
Democrat entitlement programs have ruined the black community over the last 3
decades . This is what you wind up with
December 24, 2011 at 1:06 am | Reply | Report comment
GW
Meanwhile
across town, the Reverand Al Sharpton held an Occupy Nike event, at which he
decried the Nike corp of exploiting the inner city by creating the shoe in the
first place “this
is obviously a scheme to take from the poor and give to the 1%” “Nike should be ashamed at
the way it has made these honor roll students behave”. The crowd supporters
behind him chanted “Jordon! Fordon” as the Reverand went on to ask: “why didn’t Nike just give the
shoes away to anyone that wanted them? This is an outrage”. Senetor Maxinne Waters
promised a full congressional hearing, and the president remarked that the
police acted “stupidly.
December 24, 2011 at 4:43 am | Reply | Report comment
hooky
Well, throw a
pair of Air Jordans in front of a group of blacks is like throwing raw meat in
the lion’s
den. What would one expect? Get real!
December 23, 2011 at 8:28 pm | Reply | Report comment
RC
Your confused
with food stamps…
December 23, 2011 at 10:39 pm | Reply | Report comment
rusty the right wing nut
what-
im confused f u f a g
December 23, 2011 at 10:46 pm
rusty the right wing nut
no they sell
the card or buy food and sell it at a cheaper price cause black chicks tend to
have a $hit ton of kids so they have a lot they but theyre broke lazy a$$
boyfriend these so after he impregnates her he can run away faster. Stupid A$$
December 23, 2011 at 10:49 pm
Boston Patriot
@RC: The
proper grammatical construction is “you’re” for you are. Thanks
December 23, 2011 at 11:25 pm
Rick O'Shea
I thought I
saw Moochelle back in the crowd.
December 23, 2011 at 8:35 pm | Reply | Report comment
Midge Martin
“Good people do not need laws to tell them to act
responsibly, while bad people will find a way around the laws.”
- Plato
December 23, 2011 at 8:41 pm | Reply | Report comment
I P Standing
rituals of
primitive cultures
December 23, 2011 at 8:42 pm | Reply | Report comment
Bahb
Tell me,
please, what in the hell is a “gift tree”? Christmas is 2 days away. Call it what it is – a CHRISTMAS TREE! And
for those who think that we should be saying “Happy Holidays” instead of “Merry Christmas”, ‘holiday’ is just a shortened
version of “holy
day”.
Stick that in your pipe and smoke it!
December 23, 2011 at 8:43 pm | Reply | Report comment
rachel
AMEN!
December 23, 2011 at 9:26 pm | Reply | Report comment
Clearhead
You told it
like it is Bahbbi boy. We’re proud, proud, proud of you !! Furthermore — PRAISE GOD FROM WHOM ALL
BLESSINGS FLOW !!!
December 23, 2011 at 9:52 pm | Reply | Report comment
Tyrone
We be
celebrates da Kwanza, not da white man holidays. Kwanza be for da chosen
peoples.
December 23, 2011 at 10:11 pm | Reply | Report comment
bullrider
I thought that
for Kwanzaa the gifts were more along the lines of candles, baskets, nuts,
fruit, and crafts – not overpriced, UGLY shoes.
December 24, 2011 at 12:43 am
Hal McCombs
So a Kwanza
tree is made of Air Jordans? Figures.
December 24, 2011 at 5:58 am
YepYep
This is really
sad. We should pass a law that black people are not allowed in stores during
normal business hours for the sake of safety. What a bunch of animals..
December 23, 2011 at 8:45 pm | Reply | Report comment
Sisao Tresed
Don’t forget these same
people have special Christmas Shopping coats for that extra discount.
December 23, 2011 at 10:22 pm | Reply | Report comment
I was taught
as a youth to respect all people regardless of their color. I try to understand
why these b-la-c-k-s act so hostile and seem to be easily provoked. Am I
missing something?
December 23, 2011 at 8:48 pm | Reply | Report comment
lvh
No not
you..Not me. I feel as you do.
This is BIG GOV at work.
December 23, 2011 at 9:11 pm | Reply | Report comment
Dave
Yep.
December 23, 2011 at 9:29 pm | Reply | Report comment
Marilyn
It has nothing
to do with the color of their skin. This is what liberalism has done to the
urban areas. They tell a group of people that they are not capable of providing
for their families and that everyone else owes them, and they promise that the
government will take care of them. Thus the people barely get by, have too much
idle time on their hands, they are unhappy, want the same things as most
families but they are dependent on the government, and they have been told
their WHOLE LIFE that they are not capable of anything more, and the cycle
continues. What liberalism has done to human beings breaks my heart.
December 23, 2011 at 9:58 pm | Reply | Report comment
SAJ
Marilyn,
You have provided an excellent succinct explaination for this type of behavior.
However, you have left out the fact that people’s sinful desires push
them toward these actions. Because the people of whom we speak have too
frequently not faced the consequences of their actions. they are often all too
willing to act in very unlawful ways.
December 23, 2011 at 10:34 pm
bullrider
Liberalism and
the Democrats have destroyed the black family structure and turned them into a
taxpayer-subsidized crop of Dem voters. In 1940 – back before all the
civil rights and welfare stuff began – 80% of black children were born into married, two
parent families. What is that figure nowadays? 10% maybe? It is sure a small
fraction of what it used to be.
December 24, 2011 at 12:45 am
Jessie
This is a
black leader NOT Jackson , Sharpton and othe rcriminals. The black community
needs to get a grip on the hip hop culture of thugs and do it fast .
Democrat entitlement programs have ruined the black community over the last 3
decades . This is what you wind up with
Spot on reply. Liberal policies have ruined the black community over 3 decades.
December 24, 2011 at 1:08 am
Eric
http://stuffblackpeopledontlike.blogspot.com/2011/12/not-exactly-christmas-shoes-black.html
This doesn’t happen with white
people at Apple stores trying to buy the latest iPod.
December 23, 2011 at 8:49 pm | Reply | Report comment
Major Bananorama
To reduce
widespread chimpage, store management should have had a large stock of shiney
washers, baubles and mango’s to throw out into the pack to keep them amused.
December 23, 2011 at 8:49 pm | Reply | Report comment
Pingback: Cops pepper spray mob... | Breaking News
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Derrick
I’m black.
I am absolutely disgraced by this.
No wonder white people think we are animals.
December 23, 2011 at 8:55 pm | Reply | Report comment
rachel
Black people
are their own worst enemy.
December 23, 2011 at 9:30 pm | Reply | Report comment
kari ju
Derrick we
just need to do a lot of work on people’s hearts. we have let cheap politics fill the void
where moral teaching should be. We have left all our poorest to the mercies of
government and amoral “leaders.” bad move, that.
December 23, 2011 at 9:40 pm | Reply | Report comment
Clearhead
White people
don’t
think you’re
animals, Derrick. All colors of people act like animals sometimes. The ones
that ACT like animals are the ones all people should think of as animals.
(Apologies to most animals).
December 23, 2011 at 9:57 pm | Reply | Report comment
Darrel
I think 60-70
percent of blacks ARE violent nasty rabid animals. 30-40 percent are human beings
and decent. Facts are facts.
December 23, 2011 at 10:13 pm
tward
Derrick:
Whites and Blacks have Jesus in common. If both would live up to His standard
of loving our neighbors there would be no fights, thefts and no hate. Merry
Christmas from a Southern Hillbilly White Boy.
December 23, 2011 at 10:00 pm | Reply | Report comment
rusty the right wing nut
cause u are
December 23, 2011 at 10:39 pm | Reply | Report comment
Jack
Were these the
“greedy” 1%? No? I guess “greed” isn’t just a rich thing.
December 23, 2011 at 8:56 pm | Reply | Report comment
NightRider
What do you
expect from sub-human animals? The Negroid race has always been and will always
be ‘a
joke’
and a waste. As a group they cause nothing but continued problems…it has always been this
way (read their history) and they always will.
December 23, 2011 at 8:57 pm | Reply | Report comment
Marilyn
You are a ‘joke’ and a waste of time.
December 23, 2011 at 10:00 pm | Reply | Report comment
JimRocky
Actually he is
right Marilyn. You just have eyes that refuse to see.
December 24, 2011 at 12:17 am
nwpurpletoo
Tell me again
why there are more blacks in prison than whites. I’m just sayin’.
December 23, 2011 at 8:59 pm | Reply | Report comment
Jim H
That’s easy. Blacks are
hostile and easily provoked because they feel entitled. Generation after
generation teach their kids how to manipulate the system and they are experts
at it. Most of them think that society owes them something and that it should
provide for them.
Come to think
of it if I was black with an IQ like some of those in these videos – I’d be hostile too.
December 23, 2011 at 9:03 pm | Reply | Report comment
BigBoa
Just another
chimp-out.
Check out
chimpoutdotcom and see if this clip made the cut!
Savage animals……
December 23, 2011 at 9:05 pm | Reply | Report comment
B Guyton
I thought they
were running to vote for Obama.
December 23, 2011 at 9:06 pm | Reply | Report comment
Dave
Wait til you
see what happens when he loses.
December 23, 2011 at 9:31 pm | Reply | Report comment
enguard
the cream of
the black culture on glaring display….we’re already paying reparations considering this level
of depravity embedded in our society.
The parents (and there are some among the mob) must be proud.
chimping out
as an Olympic sport?…oh wait…basketball
December 23, 2011 at 9:09 pm | Reply | Report comment
Jamex Anderson
I just saw Rise
of From The planet of the Apes.
December 23, 2011 at 9:09 pm | Reply | Report comment
B. Guyton
O.K.people
this will tell you everything you want to know about this incident.
THIS IS THE
REAL STORY, NOT WHITEY”S MADE UP STUFF.
http://therealrevo.com/blog/?p=57506
December 23, 2011 at 9:11 pm | Reply | Report comment
Collector
At what point
in society do we finally stop and admit that a certain race of people are
different from all other races. A certain race of people are more violent and
mean than others. When do we start seperating this group from others for
protection of society in general. When a certain race costs everybody more
because of their out of control lawlessness, should we make them pay instead of
penalizing everybody for the actions of a few. Frankly, I’m tired of my taxes being
higher to pay for more police, more prisons, more courts and additional defense
attorneys because 12% of the population commits 70% of the crime. Food and
clothing costs are higher because of theft, insurance is higher because of
carelessness, stealing, vandalizism, drug use and virtually every other
commodity and activity is more expensive because one race fails to raise their
kids and fails to teach their children to follow and respect the law. It’s unfortunate and sad
because there are a few members of this race who do what’s right but they are
overshadowed by a large majority who act completely uncivilized. We’ve been allowing this to
go on long enough. Something must be done and that doesn’t mean more free handouts
or reparations. It’s time they started paying for what they take, use,
destroy and what they cost the World.
December 23, 2011 at 9:11 pm | Reply | Report comment
Mustafa
If the Jordan’s fit,,,,,
When these idiots act like a bunch of thugs, it perpetuates the caricature of
the black population. Compare New Orleans after Katrina vs Japan after the
tsunami’s.
Classless vs Class. It be what it be.
December 23, 2011 at 9:48 pm | Reply | Report comment
Bob3
CCW is a good
place to start, they lack empathy and impulse control, pain and misery is all
the understand be prepared to deliver it.
December 23, 2011 at 10:12 pm | Reply | Report comment
rusty the right wing nut
dont worry
everyone knows it even blacks know we all know it even diggers know it there is
a race war coming i dont think its right but its just the ways it is wP
December 23, 2011 at 10:43 pm | Reply | Report comment
John Frost
Darwin:” Blacks are not Human but
wild african animals……predator animals”
We are dealing with savage beasts….unleashed. Race war is coming I feel it!
December 23, 2011 at 11:27 pm | Reply | Report comment
rusty the right wing nut
i love sickle
cell lol
December 23, 2011 at 11:36 pm
rusty the right wing nut
White Power
White Power
December 23, 2011 at 11:50 pm
Steve
What a bunch
of disgusting savages…enough said.
December 23, 2011 at 9:14 pm | Reply | Report comment
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rachel
Why am I not
surprised? What a disgusting bunch of useless thugs. I’m ashamed to call these
people countrymen. I call them boils on the backside of America.
December 23, 2011 at 9:25 pm | Reply | Report comment
One-Who-Will-Listen
People of any
race are greedy, selfish, and prideful. Why this happens in America, where we
have all the resources we need to survive and be well fed, I just don’t understand. What the
h-ll is so important about a pair of overpriced shoes? I don’t get it; really, I don’t.
December 23, 2011 at 9:26 pm | Reply | Report comment
kari ju
testify. no
way this is a unique black thing.
December 23, 2011 at 9:32 pm | Reply | Report comment
Black Thing
testify. this
is a unique black thing.
December 23, 2011 at 10:17 pm
ton
Sorry, it is.
December 23, 2011 at 10:23 pm
Big Papi
Now imagine if
there was a huge catastrophe that hit a very widespread area and food and
electricity, gas and cash could not be had. You would have this scene times a
thousand. Apparently this group of society would cause continued chaos while
others tried to manage. Best advice? Have your own food stored, cash on hand,
and not only posses firearms but be proficient in their use. It will be a life
and death situation that this group of society will only make worse. If you
arent scared, you arent living in reality. Get over the “hater” taunts and racist shouts—if they’d do this over fashion
sneakers imagine what they’d do to you in a true crisis. The Police cant protect
us anymore. Be Prepared but also be armed, irregardless of your political and
2nd amendment views. You will not survive believing that good intentions will
save us all.
December 23, 2011 at 9:34 pm | Reply | Report comment
rusty the right wing nut
well said arm
the Fu”#$
UP dese nig have gone nuts
December 23, 2011 at 10:55 pm | Reply | Report comment
Jon Baker
Okay, I’m just going to say it, I’ve never been p.c.
anyway. What is it about Negroes and sports shoes? I mean really, somebody
should study this. Stereotypes come from truth, the problem though is when you
say all. Now I know all blacks aren’t like this , obviously any intelligent person knows
that but too many are. And I bet the deficit that if you called any of them on
it that were involved in this they would call you a racists, and blacks bold
enough to speak out self haters. As nasty and far gone as Chicago already is
they better be on their knees grateful for Richard M. Daley and Rahm Emanuel on
duty now who chose to follow the New York model Because It sure was heading
towards being another Detroit. Get out now while you still can.
December 23, 2011 at 9:35 pm | Reply | Report comment
kari ju
cmon guys – the racist stuff is
degrading all of us and it is offensive to Mayor Nutter and the good people in
that church, none of whom deserve to see that kind of thing in print. They are
on our side and they deserve our respect. The riot over shoes is just what you’d expect anywhere that a
leftist government panders to a dependent class, telling them they’re entitled. Remember the
London riots a few months ago? This kind of thing happens the world over and it
is not a black thing per se
December 23, 2011 at 9:36 pm | Reply | Report comment
B. Guyton
Watch the
video above that provides a black man’s prospective. It may help you understand why this is
happening.
December 23, 2011 at 9:41 pm | Reply | Report comment
b. Guyton
Here is the
video. It may help explain the problem from a black man’s prospective. Racist……………maybe?
http://therealrevo.com/blog/?p=57506
December 23, 2011 at 9:47 pm | Reply | Report comment
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News
Jason, NYC
Animals, all
of them, animals…
December 23, 2011 at 9:58 pm | Reply | Report comment
BubbaT
No, not all.
But that’s
what the Government would like us to believe.
December 23, 2011 at 11:36 pm | Reply | Report comment
Obamanation
I’m suprised they didn’t just steal the shoes.
Redistribute the wealth to the lame and lazy parasites of society. Leaches and
slugs in $180 shoes.
December 23, 2011 at 10:08 pm | Reply | Report comment
Marilyn
Most of these
comments are really horrible. This has NOTHING to do with the race of the
people involved. This is what happens with 50 years of liberalism. This is
exactly what the democrat party wanted. A segment of society that will ALWAYS
vote for them. They have taken a group of people and for generations have told
them that the rest of society owes them. They have told this group of people
that they are NOT capable of taking care of themselves or their families. They
have been pushed through school while learning NOTHING except what party to
vote for. When a crime is committed they are often not made to pay for the
crime but are given exuses for the crime. What did you democrat voters think
would happen? That your stupid policies would work, even though you look back
and see 50 years of failure.
December 23, 2011 at 10:10 pm | Reply | Report comment
B. Guyton
From the
cotton and rice plantations to the Democrat plantation!!
December 23, 2011 at 10:16 pm | Reply | Report comment
Rita Ippolito
I’m a conservative, not a
racist. too many racists here for me but this comment from Guyton … hit the mark…
Blacks will
continue to be Democrats no matter what as long as the Democrats promise
entitlements and as long as the nuclear Black family is in shambles.
December 23, 2011 at 11:18 pm
New York Nick
You got that
right brah……. the dem plantation of fools , where be my handouts!!
December 23, 2011 at 11:21 pm
Joe G
Nothing to do
with the race of the people involved? EVERY majority black city in the world is
a crime and disease ridden slum. The only logical conclusion is that race is a
factor.
December 24, 2011 at 12:30 am | Reply | Report comment
Mike in Grasonville
Just another
example of blacks being a blight on society. Far too many of them live off the
backs of others, see Section 8 housing, welfare, food stamps, etc. No other
group, or should I say ethnic group behaves like this. Check any school systems
acheivement scores asnd you will see that blascks are dead last. So, does this
surprise anyone? Send them back to Africa, if they’ll have them.
December 23, 2011 at 10:11 pm | Reply | Report comment
jewbag
blacks.
December 23, 2011 at 10:15 pm | Reply | Report comment
Hollywood Hick
When members
of the black community see these stories, what are they thinking? Is there any
wonder the black community is such a mess? They are the most pandered-to ethnic
group on the planet and they are a hopeless disaster.
December 23, 2011 at 10:16 pm | Reply | Report comment
B. Guyton
Hay!! You need
nice shoes to walk around the Democrat plantation.
December 23, 2011 at 10:22 pm | Reply | Report comment
Bob13
Oh and don’t forget the chocolate
Jesus wants to make these upstanding citizens your neighbors via sec8 housing
and the best part is he’s gonna use your “white” taxpayer dollars to do
it.
Imagine the
joy of waking up one sunny morning to find a house full of these hood rats
living next door to you in your soon to be formally pristine neighborhood, and
of course and again the best part is that you get to pay for it and the schools
that their animalistic spawn will soon ruin, ain’t life grand?
It’s time for weak feeble
minded white people to grow a pair and stop this garbage, if someone calls me a
racist I laugh, that tired old worn out phrase means nothing, these animals
need to clean up their own mess or to their extreme displeasure others will do
it for them.
December 23, 2011 at 10:27 pm | Reply | Report comment
RicardoCabeza
The Negros are
their own worst enemy they just can’t help themselves. For the most part they have no decency,
no discipline and pure gutter trash instinct. I don’t particularly blame them
though they have a weak constitution It’s what the welfare, government cheese and hand outs
does to them that is the shame here.
December 23, 2011 at 10:29 pm | Reply | Report comment
Larry Sinclair
Dang 1%’ers … cause we know those 99%
are so broke they can’t even afford food for the kids and surly don’t have $180.00 laying
around .. unless you sell your EBT food for cash …..
December 23, 2011 at 10:34 pm | Reply | Report comment
Steve
If anyone is
curious what a product of Socialism looks like, this is it. The Democrat Party
presents us with the great society!!
December 23, 2011 at 10:37 pm | Reply | Report comment
Obamas Stash
Black on Black
crime .. what’s
new? Democrats started Jim Crow Laws,,, Democrats started the KKK, Democrats
took away blacks civil rights in 1875 but they cannot figure out why after
voting Democrrat 50 yrs they are still as bad off as they were ….
December 23, 2011 at 10:38 pm | Reply | Report comment
ramon
You are 100%
right on target.
It amazes me how
Blacks vote 85 to 95% Dumbocrat every Presidential election. No matter if it’s Obama, Kerry or any
other Dumbocrat!
December 24, 2011 at 3:17 am | Reply | Report comment
Sisao Tresed
This whole
mentality was spawned by big government, but every intelligent man must think
for himself and act as his own man or woman. Long after this event has passed,
the bitter taste of welfare, drugs, booze and abortion on demand, and school
systems that affirm lawlessness and immorality in the schools will be alive and
well in the black community. An illiterate ebonics-speaking woman named “something-esha” is not gonna be at the
top of the resume’ pile. Sadly, so many good black folks get painted
with this brush, and it’s unfair. “Feral” blacks understand what they are doing wrong, but
they don’t
care. They have become uncivilized. Politicians like them because they 1) vote
as a single block, 2) are easy to fool, 3) they don’t learn fast, 4)they just
want “more
stuff”
which politicians love to throw at them in speeches, and bellicose repartee;
but no action. But again…see #2.
December 23, 2011 at 10:42 pm | Reply | Report comment
Bill Brennan
if the shoe
fits…
December 23, 2011 at 10:43 pm | Reply | Report comment
Joe
Now that’s a funny line.
December 24, 2011 at 2:20 am | Reply | Report comment
I guess ignorance is a virtue
People are
getting hurt or injured bad because of a pair of stinkin air jordan shoes, ill
be damned if i will buy a pair of these shoes that are prob made in China, Yes
i said China!! What a bunch of a ..holes …. Ok they have bought the shoes , 6 or 7 months later
they will be in the trash , how ignorant and stupid can ppl be ?
December 23, 2011 at 10:47 pm | Reply | Report comment
NowSwimBack
The Civil
Rights Act was a great idea, wasn’t it? If they’re not in your neighborhood, they will be soon. Enjoy
‘em.
December 23, 2011 at 10:50 pm | Reply | Report comment
REAL STUPIDITY
REALLY? 180.00
FOR STINKIN SHOES
December 23, 2011 at 10:51 pm | Reply | Report comment
brutesforce
Baby needs a
new pair of shoes.
December 23, 2011 at 10:52 pm | Reply | Report comment
rusty the right wing nut
PS F&CK U
DEtroit and your pos Lions cause they suck too!!!!!
WE need to
bulldoze that big a$$ ghetto down look Like a Fu%% bomb went off in that citty
December 23, 2011 at 10:57 pm | Reply | Report comment
Uncle Remus
Dang freakin’ kneegroes (sic)…… they wouldn’t fight this hard for the
last job on earth …unless it was a bank job/heist…
December 23, 2011 at 11:18 pm | Reply | Report comment
Kim Bailey
“Wild savages must be caged and returned to Africa” Said a Mall security
guard
December 23, 2011 at 11:23 pm | Reply | Report comment
Richard Jones
Those “shoppers” all look like obamas.
Down here in Texas we don’t let obamas get away with that kind of behavior.
December 23, 2011 at 11:46 pm | Reply | Report comment
james
We need to
bring back segregation. Blacks are not fit to live in a civilized society. It
was obvious then, and it’s obvious now.
December 23, 2011 at 11:52 pm | Reply | Report comment
retired
they just
happen to be 99.9% black…. just a frkkin coincidence…
December 23, 2011 at 11:55 pm | Reply | Report comment
Jim Burke
Wow………..
When I first
saw the film footage I was away from the monitor and couldn’t hear the audio. I
thought it was footage of people scrambling for an airplane food drop in
Biafra.
December 24, 2011 at 12:08 am | Reply | Report comment
Jim Burke
Next year
require a pay stub for purchase rights.
December 24, 2011 at 12:09 am | Reply | Report comment
ryan
Aren’t these people the 99%?
December 24, 2011 at 12:10 am | Reply | Report comment
Joe G
All blacks in
North America need to be either shot or deported. Like Baboons, blacks can’t help acting the way
they do. They’re
born that way. I just don’t want them roaming the streets in North America.
Blacks have made every city in which they are the majority unlivable for white
families. White people would be much better off without them.
December 24, 2011 at 12:12 am | Reply | Report comment
William Baranowski
‘gro footsies.
December 24, 2011 at 12:13 am | Reply | Report comment
Joe
These are the
same people that will do everything in their power to keep their leader in
power. Are these the first of obozos brown shirts?
TAKE BACK AMERICA 2012
December 24, 2011 at 12:20 am | Reply | Report comment
Liberal_Stupidity
When you got a
radical leader that is the most negative prez America has experienced it just
give permission for eveyone like hime to behave in the exact same way. I hope
America is watching and uses thier vote next year to cut the head off the snake
in DC
December 24, 2011 at 12:21 am | Reply | Report comment
Joe Blow
Forget about
color. These are democrats!
December 24, 2011 at 12:34 am | Reply | Report comment
Cigars Andscotch
Exactly what I
had expected. The crimes were committed by a bunch of white soccer moms…….oh, wait a minute
December 24, 2011 at 12:52 am | Reply | Report comment
Jerry Frey
PHILADELPHIA — Mayor Michael A. Nutter,
telling marauding black youths “you have damaged your own race,” imposed a tougher curfew
Monday in response to the latest “flash mob” — spontaneous groups of teens who attack people at
random on the streets of the city’s tourist and fashionable shopping districts.
“Take those God-darn hoodies down, especially in the
summer,”
Mr. Nutter, the city’s third black mayor, said in an angry lecture aimed
at black teens. “Pull your pants up and buy a belt ‘cause no one wants to see
your underwear or the crack of your butt.”
“If you walk into somebody’s office with your hair
uncombed and a pick in the back, and your shoes untied, and your pants half
down, tattoos up and down your arms and on your neck, and you wonder why
somebody won’t
hire you? They don’t hire you ‘cause you look like you’re crazy,” the mayor said. “You have damaged your own
race.”
http://napoleonlive.info/did-you-know/violence-2/
December 24, 2011 at 12:54 am | Reply | Report comment
White people are really "Pink"
Funny how we
have all forgotten the fights and brawls that folks with “Pink” skin had over Tickle Me
Elmo dolls and few years back at Christmas time. Funny, I don’t recall any Black folks
calling them fighting “Pink” skinners names such as “animals”. Is name calling and
hate mongering inbred into the “Pink” race???
December 24, 2011 at 1:00 am | Reply | Report comment
Annie
“Pink” people, mostly women tend to pull out each others
hairs over bridal discounts like at Filenes annual bridal sale. “Pink” men and soccer moms tend
to scream, name call and sometimes just lose it- and society comes down on them
hard. Black thugs take out switch blades, stab, shoot and kill others over a
$100 pair of sneakers. Even African honey bees have a propensity toward deadly
swarming. Face it and act (or DONT act) accordingly.
December 24, 2011 at 1:31 am | Reply | Report comment
RicardoCabeza
The negro
continually and always acts in an ignorant manner it is the curse of the
colored race the joyful embrace willful ignorance.
December 24, 2011 at 4:34 am | Reply | Report comment
jon
I checked the
facts, their were no shootings, breaking into the stores or fighting with
police over tickle me Elmo dolls. There also are no people with pink skin.
December 24, 2011 at 5:19 am | Reply | Report comment
Todd P.
And EVERY
SINGLE ONE of these simpletons VOTED FOR OBAMA!! (if they voted at all) Time to
set a time limit (# of years) on welfare benefits. If you can’t make it by then, it’s time to beg for charity
from a relative, friend, or church………
December 24, 2011 at 1:34 am | Reply | Report comment
Chaco
The Japanese
go through a Sunami and near nuclear meltdown with less turmoil than these
dopes fighting over some stupid ghetto fashion statement.
December 24, 2011 at 1:46 am | Reply | Report comment
sonic
Bet most there
were on welfare and WE paid for those ugly sneakers. Ignorant slobs
December 24, 2011 at 1:52 am | Reply | Report comment
Billy Bob
Those shoes
would look good on a 250 pound rapper.
December 24, 2011 at 1:59 am | Reply | Report comment
Pingback: Shoeblogging |
NavyOne
A Navy guy’s take: http://themellowjihadi.com/2011/12/24/shoeblogging/
December 24, 2011 at 2:16 am | Reply | Report comment
David Rutstein
Terrible, how
we have to end Obama’s term and end this free lunch. http://www.beyondquotes.com/marijuana. You can
see the result of illegal drugs and welfare.
December 24, 2011 at 2:22 am | Reply | Report comment
Fatima
Lord, save us
from people who pepetuate negative stereotypes. Tsk, just too bad people cannot
get out of their own way and want to blame others for their poor outcomes in
life.
December 24, 2011 at 2:23 am | Reply | Report comment
jon
The people
that perpetuate negative stereotypes are blacks themselves. Go to Drudge Report
and see that blacks have rioted over these shoes in every major city where this
sale has been offered. How many example of the same behavior does it take for
you to wake up and smell the java beans?
December 24, 2011 at 5:16 am | Reply | Report comment
Panz
What happened
to the Civil Rights leaders and participants? If you look back at photos of
those people, their heads were always held high, they knew there was a better
America and they were helping to create it.
Then along
came the liberal programs, blacks were given handouts and special treatment and
this is the outcome. A bunch of animals fighting over ugly shoes. Shoes!
sneakers! They aren’t even decent shoes, just sneakers–you’ll wear them untied so
they flop around on your feet.
You can’t speak English, merely
ghetto slur. You can’t pull up or zip up your pants, you can’t tie your shoes–you’re just not smart enough.
And yes, your trashy president encourages this behavior. You’re much easier to manage
when you’re
just a bunch of animals to be poked and prodded as necessary.
There are
African Americans in this country and then there is you. Wake up and look at
yourself. All that for a pair of sneakers?? Really stupid.
December 24, 2011 at 2:39 am | Reply | Report comment
Toxic Avenger
It looks like
a negro sneaker frenzy.
December 24, 2011 at 2:46 am | Reply | Report comment
Ramon
Well, Well … Obama supporters at
their finest! (lol)
December 24, 2011 at 3:07 am | Reply | Report comment
justified
A thinking
person asks themselves, “What are you going to DO about it?” Are you going to support
the Democratic borne Welfare culture, that led directly to this mess, or are you
voting against their candidates by electing viable candidates i.e. GOP
candidates.
Not
Independents, as on a State or Federal level a vote THIS TIME for an
Independent is a vote for the End of America as we know it. The debt piling up
will kill us or the Taxes will.
ATTENTION:
Blue Dog Democrats, the DNC/Obama has stated ‘YOU are NOT in our Future
plans.’
December 24, 2011 at 4:24 am | Reply | Report comment
John McCombs
Michael Jordan
and Nike should be held accountible for this atrocity. If gun manufacturers are
at fault for gun crimes, then Michael Jordan and Nike should be made to suffer
for this chimpout. On a serious note, however, wouldn’t a statement from
Michael Jordan go a long, long way toward reducing the violence. If he simply
said, “Really
folks, are you serious? You’re going to hurt each other over a pair of overpriced
basketball shoes?” But no, MJ doesn’t have it in him because
as long as there is an extra nickel to be drained from his peeps, he’s perfectly OK with the
violence. Well done, Mike. Well done.
December 24, 2011 at 4:29 am | Reply | Report comment
A.K.
NEGRO’S ARE ENORMOUSLY STUPIDLY
VIOLENT…IT’S A BRAIN SIZE THING!
December 24, 2011 at 4:48 am | Reply | Report comment
jon
If you went to
Drudge you would see the ugly side of blacks is nation wide and not just a
local thing. What a shameful culture they have created amongst themselves
December 24, 2011 at 5:13 am | Reply | Report comment
Lordrobot
Illegitimate
Baby needs a new pair of shoes….
December 24, 2011 at 5:16 am | Reply | Report comment
Artic Slayer
lol nuttin
like obama people tryin to save the food
stamps fo sumpin like this mo impotant huh…
Oh Sorry was I a little racist….
naaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
Just the
facts…
Doubt me? Just
correct me and I will call you RACIST! lol
You
LOOSERSSSSSSSSSSSSSSSS.
I didn’t vote for obama last
time but this time I am
going to vote for him…. I think he is the best thing
for America in recent history… WONDERFUL! 4 more years
and this country will be purged of a corrupt congress and
senate because the people are going to purge every
politician out by civil war…. There will be unrest like
never seen in America. Because now Americans believe that
good is bad and bad is good. Once this country goes even
further to hell in a hand basket there will be a
purging…
When Americans can’t say “Merry Christmas”
because good is bad and once they can’t store more than
seven days worth of food because good is bad and once
they can’t
own a gun because good is bad….. There will
be a purging of the bad by the good! So lets pull
together and re-elect this person…. OBAMA2012!
December 24, 2011 at 5:43 am | Reply | Report comment
John Scott
lol nuttin
like obama people tryin to save the food
stamps fo sumpin like this mo impotant huh…
Oh Sorry was I a little racist….
naaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
Just the
facts…
Doubt me? Just
correct me and I will call you RACIST! lol
You
LOOSERSSSSSSSSSSSSSSSS.
I didn’t vote for obama last
time but this time I am
going to vote for him…. I think he is the best thing
for America in recent history… WONDERFUL! 4 more years
and this country will be purged of a corrupt congress and
senate because the people are going to purge every
politician out by civil war…. There will be unrest like
never seen in America. Because now Americans believe that
good is bad and bad is good. Once this country goes even
further to hell in a hand basket there will be a
purging…
When Americans can’t say “Merry Christmas”
because good is bad and once they can’t store more than
seven days worth of food because good is bad and once
they can’t
own a gun because good is bad….. There will
be a purging of the bad by the good! So lets pull
together and re-elect this person…. OBAMA2012!
December 24, 2011 at 5:49 am | Reply | Report comment
Steven Travis
What’s the one common
denominator in all this????
December 24, 2011 at 5:59 am | Reply | Report comment
Vince
The big
question is why isn’t OBAMA speaking out on this issue??? He manages to
find time to speak out if a white police officer is ACCUSED of racism when he
restrains a black “professor” from breaking into his house. Remember that? Without
knowing the facts he JUMPS and gives a speech. But incidents like these teenage
hoodlums who rob, beat up, and steal every day he says NOT A WORD about. This
is Obamanation. I hope those of you who voted for him are happy now.
December 24, 2011 at 6:06 am | Reply | Report comment
Cisco
Gorillas In
The Mist!
December 24, 2011 at 6:25 am | Reply | Report comment
feduptoo
Not so, they
take care of their young!
December 24, 2011 at 8:56 am | Reply | Report comment
McGruff
I immediately
wondered if my suspicion would be correct … and it was.
December 24, 2011 at 7:21 am | Reply | Report comment
gwbnyc
“under a gift tree”
A GIFT TREE?
Cowards.
December 24, 2011 at 7:46 am | Reply | Report comment
Gustafus21
These are farm
animals —
who were given human rights — and they behave as farm animals.
Look what
Venus Williams has done to tennis? – She threatens to ‘rearrange the face” of a line judge?
They should
have been exterminated. Or forced breeding with whites could have produced
something more benign like O and family…. but ONLY white genes can influence these vermin
December 24, 2011 at 7:47 am | Reply | Report comment
Barry bin Inhalin
I saw the
headline and didn’t even wonder.
December 24, 2011 at 7:55 am | Reply | Report comment
Patrick Nugent
EVERYBODY
SING: “We
won’t
go until we get some, we won’t go until we get some, we won’t go until we get some,
so bring it right here!”
December 24, 2011 at 7:59 am | Reply | Report comment
ShoeShine
What’s with these people and
shoes???
December 24, 2011 at 8:16 am | Reply | Report comment
Greg
I didn.t see
any white people ni the crowd? Only Blacks ??? What a violent group of people,
they need to get civilized.
December 24, 2011 at 8:33 am | Reply | Report comment
Mike_in_Kyiv
Pure
silliness! No gift is worth this! I remember the Cabbage Patch moms who were
fighting to get one of those ugly little dolls a few years back. Now it’s a pair of shoes that
are not –
REPEST –
NOT worth all that money and you all make fools of yourselves. Shame on you on
our Lord’s
birthday.
December 24, 2011 at 8:44 am | Reply | Report comment
Grape Ape
Rev Al Sharpton’s take on this news: “Da reason fo all deez
people running amuck and fightin’ and actin’ unruly is because da white man and society, namely
Republicans in da Congress, are gettin’ in the way of President Obama’s plan to hand out more
free monies into the minority community. It’s also the blame of rich
White communities across America who aren’t willing to spread more of their wealth and make
sure it goes into da hands of inner cities and African-American communities.
Think about it…if these fine, upstanding customers had more monies
at their disposal, they could have paid some illegal aliens to stand in line
for them to buy these items which they desperately need and wouldn’t have to get into fights
in da first place.”
Rev. Jesse
Jackson’s
take on this news: “The EVIL corporations run by WHITE men are to blame
for this terrible atrocity!! Therefore, with all my graciousness and good-will,
I am planning to sue Nike shoes (for not supplying enough sneakers), Michael
Jordan’s
white lawyer (because I can’t sue a good brother like MJ!), the WHITE mall
security who employed brutal tactics against these innocent customers, and last
but not least…
my Rainbow Coalition will make sure these businesses are not only selling
enough items to African-American shoppers but will also ensure that they are
hiring enough minorities in their stories. And I will say this, if our
investigation turns up that they aren’t, we will take them over and my son Jesse Jr and I
will make sure that they are run fairly. Plain and simple. It’s time to put an end to
this WHITE tyranny in America once and for all!!!”
December 24, 2011 at 8:48 am | Reply | Report comment
Death of America
Black people
are uncivilized savages. They are the only race that needs to be coddled and
treated like little babies. It’s not a “white vs. black” thing – NO other race likes blacks. Disgusting beasts who
belong in the freaking jungle, period. Thank you LBJ and all you other POS
democrats.
December 24, 2011 at 8:44 am | Reply | Report comment
Albert L. Peia
Yes...it's absolutely, unequivocally true that blacks
are inherently uncivilized and in evolutionary terms, only evolved to a point (
http://albertpeia.com/anthroindex1.htm
). They are themselves racist, intolerant, hypocritical [ UPDATE: MORE CLAIMS OF RACE
BIAS AT HOLDER JUSTICE DEPARTMENT... (WP) ‘ignore cases that involve black
defendants and white victims ' ], and prone to violence as with any
feral animal. Moreover, I must admit that I find their simian look repulsive;
and, even before totally realizing the foregoing reality owing to
self-destructive egalitarian propaganda, never did and never would know a black
female in the biblical sense (despite their ‘intrusively easy availability’ - not a matter of skin color inasmuch as I have ‘known biblically’ red-Indian, brown-Hispanic, yellow-Oriental women).
Wobama the b for b***s*** is a typical, jive-talking 'n-word' and consequently
an abject failure as president. I was fortunate to have no blacks whatsoever in
my schools (schooling) through high school.
http://www.albertpeia.com/todayspage.htm
MELEE AT MALL
OF AMERICA...
Man beaten by
robbers -- who stole new Air Jordan sneakers off his feet!...
Hundreds of
Teens Run Wild After Rumors That Rappers 'Lil Wayne, Drake Are There...
VIDEO: Mayhem, Screams...
California
soldier shot at his homecoming party [ From one war zone to
another! ]
Islamists
kill dozens in Nigeria Christmas bombs [ Blacks’ black
Christmas! Typical! ]
For
‘self-defeating / self-destructive’ ‘political
correctness’ or otherwise, I believe the under-profiled
black serial killer is also the consequence of their proclivity for and love of
killing, random, for no reason other than for the sake of killing (which
distinguishes them from and positions them below other feral beasts) and
otherwise, and an historic predisposition toward canabalism. After all, the
contra-indicated mainstream view (tv and otherwise) calls for a white perp in
terms of ‘profile’ which is of course, ridiculous. I believe the
under-reporting is owing to multiple killings by blacks being classified as
something other than ‘serial’; ie., gang, gang related, ‘typical’,
etc.. Moreover, the anti-white bias of the black perps is also a reality that’s under-reported. Take a look at the following
brutally uncivilized black on white violent rapes/murders:
http://www.albertpeia.com/whitesvictimizedbyblacks.htm
The following’s
just Detroit, MI:
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...
Fox News’ Chris Wallace Has an
Anti-Ron Paul Agenda Yahoo!
Contributor Network | Andrew
Sullivan called for Chris Wallace to recuse himself from the Iowa debate. [
Yes, he should recuse himself; and not just because he’s pro-israeli jewish
himself; and we all know how the misguided israeli lobby feels about Ron Paul’s
American interests first foreign policy leanings and their excluding him from
their sponsored debate. ]
Current Events Summarized In
Brilliant Art George Washington 12/16/2011 A picture is worth a thousand
words [ View archived file: http://www.albertpeia.com/currenteventsinart.htm ]
Wayne Madsen: Holder’s Fast
& Furious was Designed to Destablize Mexican Government Infowars
Nightly News | ‘Wayne Madsen has learned from his contacts within the Beltway
intelligence community that Jared Lee Loughner is an “MK-ULTRA” programmed
assassin and that US District Judge John Roll and Congresswoman Gabriel
Giffords were targetted for assassination.The reason for the decision to target
Judge Roll and Congresswoman Giffords has to do with their knowledge of the
malicious and purposeful arming of Mexican drug gangs along the US-Mexico
border by US intelligence agency assets in an effort designed to destablize the
Mexican government.This towards the end of making Mexico more dependent on US
military aid and protection from its private security contractors.A key quote from
Wayne Madsen’s report follows:
“WMR has been told that in 2009, information about the
CIA/Homeland Security/Napolitano smuggling operation came to the attention of
three individuals, two members of Congress and a federal judge. The three were
Arizona Democratic Representatives Giffords, Republican Representative Mike
Conaway from west Texas, and Judge Roll. Giffords and Roll were working
together on investigating the extent of the clandestine weapons and druigs
smuggling operation and held some joint meetings with informants, one in north
Phoenix, in 2009.Information on the investigation and informants was strictly
limited to only a few trusted staffers and clerks for Giffords and Roll. In
addition, Conaway was also being briefed by informants on the smuggling
operation but since the death of Roll and the severe mental and physical
incapacitation of Giffords from the shooting carried out by Jared Lee Loughner,
said to be an MK-ULTRA-like trained assassin, he has gone silent in fear for
his own safety.Loughner’s was declared mentally incompetent and there are
reports, including one in Slate Magazine, that the U.S. Medical Center for
Federal Prisoners in Springfield, Missouri, where Loughner is being held,
pending a determination of his mental fitness to stand trial, is being
administered psychotropic drugs in his Kool Aid.In addition to receiving drugs
to fund its off-the-books operations, the CIA weapons smuggling program is
designed to arm the two main Mexican cartels — Sinaloa and Los Zetas — in order to destabilize
Mexico.
Israel stole weapon-grade
uranium from US, report will show Daily Star |
Report will show evidence Israel stole weapons-grade uranium from nuclear
reprocessing plant in Pennsylvania. Kristin Dailey December 8,
2011 WASHINGTON: A U.S.-based research institute will soon publish what it says
is “indisputable” evidence that Israel
stole weapons-grade uranium for its still-undeclared atomic weapons program
from a nuclear reprocessing plant in western Pennsylvania. The Institute for
Research: Middle Eastern Policy (IRmep) will release this month a 300-page
report detailing the initial findings of a multi-year research project
investigating the disappearance of highly enriched uranium from the Nuclear
Materials and Equipment Corporation (Numec) in Apollo, Pennsylvania in the
1950s and 1960s. Grant Smith, the director of IRmep, told The Daily Star that
the report would include a broad range of newly declassified and un-redacted
government documents from various agencies – including the Department
of Energy, Atomic Energy Commission, FBI and CIA – that prove that nuclear
material was diverted from Numec to Israel. “The story at this point
is that there is no one smoking gun; there are many smoking pistols lying all
over the place that we’ve painstakingly collected,” Smith told The Daily
Star.’
DHS Shut Down
Blog For A Year On False Pretenses Paul Joseph Watson | Homeland
Security is seizing websites for “copyright infringement” with no evidence. Paul
Joseph Watson Prison Planet.com December 9, 2011
In a chilling illustration of how far
Internet censorship has advanced, the Department of Homeland Security seized a
popular music blog and shut down the website for over a year on charges it now
admits were completely false.
The website in question – www.dajaz1.com – was not some obscure,
dubious blog –
it was a popular platform for DJ’s that was once featured on MTV.
“Around
Thanksgiving 2010, the Department of Homeland Security seized more than 70
domains with no trial, accusing them of copyright infringement,” reports the San
Francisco Chronicle.
Dajaz1.com was caught in the dragnet
after DHS claimed four songs the
website were used without permission, when in fact the musicians and publicists
concerned had sent the tracks directly to Dajaz1 with express authorization.
That didn’t stop Homeland Security
from seizing and shutting down the blog for over a year, violating the law by
refusing to tell its owner why the website was taken and subsequently missing
the 90 day deadline for explaining why the owner should forfeit the property
permanently.
“Or
at least that’s
what the owner assumed when he heard nothing. Then the court told him that the
government got an extension.”
“But
the owner couldn’t see the extension because all the filings in the
case were sealed, and was not allowed to testify in court to ask for his
property back, says TechDirt.”
The saga finally came to a close when the
owner was handed back control of the website only yesterday.
The lesson to take from this is that
Homeland Security can now just claim your website contains copyrighted material
with no evidence whatsoever and seize it without any recourse.
“This
whole thing has been a disgrace by the US government, starting with a bogus
seizure, improper and illegal censorship, followed by denial of due process and
unnecessary secrecy,” reports TechDirt.
The DHS has already seized
dozens of websites merely for linking to copyrighted material,
despite the fact that such material isn’t even hosted on the website itself, a process the
Electronic Frontier Foundation has criticized as, “Blunt instruments that
cause unacceptable collateral damage to free speech rights.”
The targeted website, now finally back in
the hands of its rightful owner, has become a poster child for the
anti-Internet censorship movement. The front page of the site urges readers to
oppose the Protect IP Act, legislation that will give the government even more
power to block websites by creating an official blacklist.
As we reported back in October,
the bill that has attracted bi-partisan support in the House will force
Internet Service Providers to create a list of banned websites and prevent
their users from accessing the sites, creating a Chinese-style ‘ban list’ that could easily be
abused to silence free speech. Lawmakers like Senator Joe Lieberman have teamed
up with Department of Homeland Security officials to push draconian legislation
in an effort to mimic the Communist
Chinese system of policing the Internet.
“A
service provider shall take technically feasible and reasonable measures
designed to prevent access by its subscribers located within the United States
to the foreign infringing site (or portion thereof) that is subject to the
order, including measures designed to prevent the domain name of the foreign
infringing site (or portion thereof) from resolving to that domain name’s Internet Protocol
address,”
states the bill.
Given the fact that the U.S. government
is now ordering You Tube to remove
videos that contain “government criticism,”
the potential for this legislation to be abused to silence political free
speech is clear. Add to that the fact that Verisign, the global authority over
all .com domain names, is demanding the power to
terminate websites deemed “abusive” when ordered to by government without a court order
or any kind of oversight whatsoever, and the threat to web freedom is clear.’
Donald Trump
Dismisses Ron Paul as “Joke Candidate” Kurt Nimmo | Millions of Americans support Paul’s call for
ending foreign aid. [ Yet it’s trump who is the big joke (which makes america
look like a bigger joke)! He’s a caricature at best, and the joke that keeps on
giving (SNL, etc.), and a government-protected mobster. ‘When they’re losing, they can afford to be principled’ says corrupt
mobster trump regarding the snubbing of his ‘less than moderation’ of an
upcoming debate in Iowa by the remaining principled GOP contenders. In reality,
it’s actually ‘when you’re winning, you can afford to be principled’. But, in
trump’s corrupt, sordid, sinkhole habitat, the former is indeed his truth. If
you’re principled, you’re losing in trump’s rather surreal unreality. After
all, pervasively corrupt and unprincipled america is indeed losing; and,
big-time at that. That trump is a megalomaniac, a narcissist, and, yes … a
loser, there is no question. Indeed, anyone who ‘wins’ unfairly (corruption,
etc.) at others expense (ie., as does himself, the frauds on wall street, etc.)
is a loser. Unfortunately, such modus operandi, including that which is
criminal, has been accorded protection and respect in defacto bankrupt america,
much like the ‘protected’ (bribes, etc.) common drug dealer (america, see
infra), pimp, etc.. Then there’s the endearing (to a dumbed down american
public) hype! That cloyingly cutesy ‘the donald’ routine is nauseating; but,
that’s the natural, visible concomitant to a nation in ineluctable decline! On
a positive note, megalomaniac trump will not be able to retread the path of his
role model / idol Adolf Hitler as head of state. He’s really quite a joke when
you think about it; and a mentally ill one at that; ask Steve Wynn, he’ll tell
you, he’s already said it.
‘Pizza with palin’, ‘town
hall of fame with Bachmann’, trump purports to be at least ‘alcohol free’ (the
alleged cause – I don’t think so – of mobster trump’s elder brother’s suicide);
but is he ‘med-free’? … there must be something to account for his madness
(he’s a psychopath who used to play Hitler speeches for inspiration). Ron Paul Slams
Trump, Joins Huntsman In Sitting Out ‘Circus-Like’ Debate Business
Insider | The reality television star’s participation is “beneath the office of
the Presidency.”
Trump to moderate GOP debate
This won’t
end well. (Washington Post) [ Goes without saying… of all people to choose … Why not Jerry Springer?… ‘Non-celebrity Apprentice’, the new reality show,
as in who scratches whose back for favors down the road, as in quid pro quo, as
in trump’s
continued ‘graduation’ from commonly mob
connected, to new york/new jersey politically sordid sinkholes, to now failed
washingtonian … ‘establishment’? Hasn’t trump’s rise coincided with the nation’s decline / demise? I’ve seen the corruption
first hand! http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
‘I’m attracted to young
people’: Shocking details in scandal of ‘delusional’ Sandusky Mail
Online | Penn State paedophile Jerry Sandusky’s rabbit hole goes even
deeper and darker than we thought
Romney
visits former President George H.W. Bush [ How totally pathetic! How
desperately pathetic romney the flip-flop is! ]
Woman “imprisoned” on Scientology cruise ship
for 12 years { Scientology is such a total fraud, and founded by
that fraudster/mental case l ron hubbard. In retrospect, fraud/mental infirmity
is as american as ‘apple pie and mother-of-hoods’. } ‘...In an interview with the Australian
Broadcasting Corporation's (ABC News) Lateline program, Paris claims
that Church of Scientology leader David Miscavige sent her to the ship when she
was 18 in order to prevent her family from pulling her out of the
organization."I was basically hauled in and told that my mum had attacked
the church and that I needed to disconnect from her because she was
suppressive," she said. "He decided the ship, and I found out two
hours before my plane left, I was woken up in the morning and I was sent to the
ship for 'two weeks.' "Paris was born into a Scientology family, but her
mother quit the group after her husband committed suicide, blaming Scientology
for coercing him out of a self-made personal fortune of more than a million
dollars.Instead of the promised two week stay, Paris found herself unable to
leave the ship without an official Scientology escort and was often forced into
hard labor on the lower levels of the ship for stretches as long as two full
days. "It's hot, it's extremely loud, it's smelly, it's not nice. I was sent
down there at first for 48 hours straight on almost no sleep and I had to work
by myself," she said.So, why didn't Paris simply escape from the ship when
it would take port? The Freewinds has a relatively small sailing route,
traveling throughout the Caribbean and occasionally docking at small
islands."I did not want to be there, I made it clear I did not want to be
there and that was considered bad ethics, meaning it was considered not
right," she said. "They take your passport when you go on the ship
and you're in the middle of an island. So it's a bit hard [to escape] and by
that time I was 18, I'd been in Scientology my whole life, it's not like I knew
how to escape," she said…’
Ten Years
Later, Enron Pales in Comparison
Horses could
soon be slaughtered for meat in US Horses could soon be butchered in the U.S. for human
consumption after Congress quietly lifted a 5-year-old ban on funding horse
meat inspections, and activists say slaughterhouses could be up and running...{
Another ‘bullish’ sign for pervasively corrupt, defacto bankrupt America.
‘Soylent green’ just around the corner? [Things are looking very, very ominous:
A good business for a bad
economy Firms that keep foreclosed homes clean and secure are
flourishing in these tough financial times.
(Washington Post) [ See … there you go … great times for the american
optimist … who sees an opportunity in every calamity, the rainbow beyond every
cloud, the glass half-full, etc.. Whew, close call … and we thought times were
tough … and just when we thought everything’s now comin’ up roses, we find out
that that ‘glue factory’ we thought was for horses is really a ‘soylent green’
(of the compelling film of the same name) factory. Ah, just kidding; but, the
times are getting eerily sordid and desperate and there’ll be no real relief
from the onslaught of reality prospectively. It’s really that bad in futuro. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock Zero Hedge October 17, 2011
http://www.economist.com/content/global_debt_clock Foreigners Sell Second Largest
Amount Of US Bonds Ever In Past Week, Record $93 Billion In US Paper Sold In
Past 2 Months Zero Hedge | Europe, and especially Germany has been
just an active seller of sovereign bonds.]
}
30 Signs That
The United States Of America Is Being Turned Into A Giant Prison The
American Dream | If you live in the United States of America, you live in a
giant prison where liberty and freedom are slowly being strangled to
death. The American Dream
Tuesday, November 29, 2011 'If you live in the United States of America, you
live in a giant prison where liberty and freedom are slowly being strangled to
death. In this country, the control freaks that run things are obsessed
with watching, tracking, monitoring and recording virtually everything that we
do. Nothing is private anymore. Everything that you do on the
Internet is being monitored. All of your phone calls are being
monitored. In fact, if law enforcement authorities suspect that you have
done something wrong, they will use your cell phone microphone to listen to you
even when you think your cell phone is turned off. In many areas of the
country, when you get into your car automated license plate readers track you
wherever you go, and in many major cities when you are walking on the streets a
vast network of security cameras and “smart street lights” are constantly watching
you and listening to whatever you say. The TSA is setting up “internal checkpoints” all over the nation,
Homeland Security is encouraging all of us to report any “suspicious activity” that our neighbors are
involved in and the federal government is rapidly developing “pre-crime” technology that will
flag us as “potential
terrorists”
if we display any signs of nervousness. If you are flagged as a “potential terrorist”, the U.S. military can
arrest you and detain you for the rest of your life without ever having to
charge you with anything. Yes, the United States of America is rapidly
being turned into a “Big Brother” prison grid, and most Americans are happily going
along with it. The sad thing is that this used to be “the land of the free and
the home of the brave”.So what in the world happened?A fundamental shift in
our culture has taken place. The American people have eagerly given up
huge chunks of liberty and freedom in exchange for vague promises of increased
security.Our country is now run by total control freaks and paranoia has become
standard operating procedure.We were told that the terrorists hate our
liberties and our freedoms, and that we needed to fight the terrorists so that
we could keep our liberties and our freedoms.But instead, the government keeps
taking away all of our liberties and our freedoms.How in the world does that
make any sense?Have the terrorists won?As a country, we have moved so far in
the direction of communist China, the USSR and Nazi Germany that it is almost
impossible to believe.Yes, turning the United States of America into a giant
prison may make us all slightly safer, but what kind of life is this?Do we want
to be dead while we are still alive?Is this the price that we want to pay in
order to feel slightly safer?Where are the millions of Americans that still
yearn to breathe free air?America is supposed to be a land teeming with people
thirsting for independence. For example, “Live Free or Die” is supposedly the
official motto of the state of New Hampshire.But instead, the motto of most
Americans seems to be “live scared and die cowering”.We don’t have to live like
this.Yes, bad things are always going to happen. No amount of security is
ever going to be able to keep us 100% safe.We need to remember that a very high
price was paid for our liberty and we should not give it up so easily.As one very
famous American once said, when we give up liberty for security we deserve
neither.
The following
are 30 signs that the United States of America is being turned into a giant
prison….
#1 A new bill that is going through the U.S. Senate
would allow the U.S. military to arrest American citizens and hold them
indefinitely without trial. This new law was recently discussed in an
article the website of the New American….
In what may be a tale too bizarre to be believed by
millions of Americans, the U.S. Senate appears ready to pass a bill that will
designate the entire earth, including the United States and its territories,
one all-encompassing “battlefield” in the global “war on terror” and authorize
the detention of Americans suspected of terrorist ties indefinitely and without
trial or even charges being filed that would necessitate a trial.
U.S. Senator Lindsey Graham is a big supporter of the
bill, and he says that it would “basically say in law for the first time that the
homeland is part of the battlefield”.
According to the PPJ Gazette, the following are three things
that this new law would do….
1) Explicitly authorize the federal government
to indefinitely imprison without charge or trial American citizens and others picked up inside and outside the
United States;
(2) Mandate military detention of some
civilians who would otherwise be outside of military control, including civilians picked up within the United
States itself; and
(3) Transfer to the Department of Defense core
prosecutorial, investigative, law enforcement, penal, and custodial authority
and responsibility now held by the Department of Justice.
#2
U.S. Senator Joe Lieberman is asking Google to install a “terrorist button” on all Blogger.com blogs
so that readers can easily flag “terrorist content” for authorities.
#3
Most Americans have no idea how sophisticated the “Big Brother” prison grid has
become. For example, in Washington D.C. the movements of every single car
are tracked using automated license plate readers (ALPRs). The following
comes from a recent Washington Post
article….
More than 250 cameras in the District and its suburbs
scan license plates in real time, helping police pinpoint stolen cars and
fleeing killers. But the program quietly has expanded beyond what anyone had
imagined even a few years ago.
With virtually no public debate, police agencies have
begun storing the information from the cameras, building databases that
document the travels of millions of vehicles.
Nowhere is that more prevalent than in the District,
which has more than one plate-reader per square mile, the highest concentration
in the nation. Police in the Washington suburbs have dozens of them as well,
and local agencies plan to add many more in coming months, creating a
comprehensive dragnet that will include all the approaches into the District.
#4
In some American schools, RFID chips are now being used to monitor the
attendance and movements of children while they are at school. The
following is how one article recently described a program that
has just been instituted at a preschool in California….
Upon arriving in the morning, according to the
Associated Press, each student at the CCC-George Miller preschool will don a
jersey with a stitched in RFID chip. As the kids go about the business of
learning, sensors in the school will record their movements, collecting
attendance for both classes and meals. Officials from the school have claimed
they’re only recording information they’re required to
provide while receiving federal funds for their Headstart program.
#5
Increasingly, incidents of misbehavior at many U.S. schools are being treated
as very serious crimes. For example, when a little girl kissed a little
boy at one Florida elementary school recently, it was considered to be a “possible sex crime” and the police were
called out.
#6
But what happened to one very young student in Stockton, California earlier
this year was even worse….
Earlier this year, a Stockton student was handcuffed
with zip ties on his hands and feet, forced to go to the hospital for a
psychiatric evaluation and was charged with battery on a police officer. That
student was 5 years old.
#7
In the United States today, police are trained to respond to even the smallest
crimes with extreme physical force. For example, one grandfather in
Arizona was recently filmed laying unconscious in a pool of his own blood after police
rammed his head into the flood inside a Wal-Mart on Black Friday night.
It was thought that he was shoplifting, but it turns out that he says that he
was just trying to tuck a video game away so other crazed shoppers would not
grab it out of his hands.
#8
Did you know that the government actually sets up fake cell phone towers that
can intercept your cell phone calls? The following is how a recent Wired articledescribed these “stingrays”….
You make a call on your cellphone thinking the only
thing standing between you and the recipient of your call is your carrier’s cellphone
tower. In fact, that tower your phone is connecting to just might be a
boobytrap set up by law enforcement to ensnare your phone signals and maybe
even the content of your calls.
So-called stingrays are one of the new high-tech
tools that authorities are using to track and identify you. The devices, about
the size of a suitcase, spoof a legitimate cellphone tower in order to trick
nearby cellphones and other wireless communication devices into connecting to
the tower, as they would to a real cellphone tower.
The government maintains that the stingrays don’t violate Fourth
Amendment rights, since Americans don’t have a
legitimate expectation of privacy for data sent from their mobile phones and
other wireless devices to a cell tower.
#9
U.S. border agents are allowed by law to search any laptop being brought into the
United States without even needing any reason to do so.
#10
In the United States of America, everyone is a “potential terrorist”. According to FBI
Director Robert Mueller, “homegrown terrorists”
represent as big a threat to American national security as al-Qaeda does.
#11
Most Americans are not that concerned about the Patriot Act, but that might
change if they understood that the federal government has a “secret interpretation” of what the Patriot Act
really means. U.S. Senator Ron Wyden says that the U.S. government
interprets the Patriot Act much more “broadly” than the general
public does….
“We’re getting to a
gap between what the public thinks the law says and what the American
government secretly thinks the law says.”
#12
The FBI is now admittedly recording Internet talk radio programs all over the
United States. The following comes from a recent article by Mark Weaver of WMAL.com….
If you call a radio talk show and get on the air, you
might be recorded by the FBI.
The FBI has awarded a $524,927 contract to a Virginia
company to record as much radio news and talk programming as it can find on the
Internet.
The FBI says it is not playing big brother by
policing the airwaves, but rather seeking access to what airs as potential
evidence.
#13
The federal government has decided that what you and I share with one another
on Facebook and on Twitter could be a threat to national security.
According to a recent Associated Press
article, the Department of Homeland Security will soon be “gleaning information from
sites such as Twitter and Facebook for law enforcement purposes”.
#14
What you say on your cell phone is
never private. The truth is that that the FBI can demand to see your cell
phone data whenever it wants. In addition, according to
CNET News the FBI can remotely activate the microphone on your cell
phone and listen to whatever you are saying….
The FBI appears to have begun using a novel form of
electronic surveillance in criminal investigations: remotely activating a
mobile phone’s microphone and using it to eavesdrop on nearby
conversations.
The technique is called a “roving bug,” and was approved
by top U.S. Department of Justice officials for use against members of a New
York organized crime family who were wary of conventional surveillance
techniques such as tailing a suspect or wiretapping him.
#15
In some areas of the country, law enforcement authorities are pulling data out
of cell phones for no reason whatsoever. According to the ACLU, state police in
Michigan are now using “extraction devices” to download data from
the cell phones of motorists that they pull over. This is taking place
even if the motorists that are pulled over are not accused of doing anything
wrong.
The following is how a recent article on
CNET News described the capabilities of these “extraction devices”….
The devices, sold by a company called Cellebrite, can
download text messages, photos, video, and even GPS data from most brands of
cell phones. The handheld machines have various interfaces to work with
different models and can even bypass security passwords and access some
information.
#16
The federal government has become so paranoid that they have been putting GPS
tracking devices on the vehicles of thousands of people that have not even been
charged with committing any crimes. The following is a short excerpt
from a recent Wired magazine article about this
issue….
The 25-year-old resident of San Jose, California,
says he found the first one about three weeks ago on his Volvo SUV while visiting
his mother in Modesto, about 80 miles northeast of San Jose. After contacting
Wired and allowing a photographer to snap pictures of the device, it was
swapped out and replaced with a second tracking device. A witness also reported
seeing a strange man looking beneath the vehicle of the young man’s girlfriend
while her car was parked at work, suggesting that a tracking device may have
been retrieved from her car.
Then things got really weird when police showed up
during a Wired interview with the man.
The young man, who asked to be identified only as
Greg, is one among an increasing number of U.S. citizens who are finding
themselves tracked with the high-tech devices.
The Justice Department has said that law enforcement
agents employ GPS as a crime-fighting tool with “great frequency,”and GPS retailers
have told Wired that they’ve sold thousands of the devices to the feds.
#17
New high-tech street lights that are being funded by the federal government and
that are being installed all over the nation can also be used as surveillance
cameras, can be used by the DHS to make “security announcements” and can even be used to
record personal conversations. The following is from a recent article by
Paul Joseph Watson for Infowars.com….
Federally-funded high-tech street lights now being
installed in American cities are not only set to aid the DHS in making “security
announcements” and acting as talking surveillance cameras, they are
also capable of “recording conversations,” bringing the
potential privacy threat posed by ‘Intellistreets’ to a whole new
level.
#18
If you choose to protest in the streets of America today, there is a good
chance that you will be brutalized. All over the United States law
enforcement authorities have been spraying pepper spray directly into the faces of unarmed protesters in recent weeks.
#19
In many areas of the United States today, you will be arrested if you do not
produce proper identification for the police. In the old days, “your papers please” was a phrase that was
used to use to mock the tyranny of Nazi Germany. But now all of us are
being required to be able to produce “our papers” for law enforcement authorities at any time.
For example, a 21-year-old college student named Samantha Zucker was recently
arrested and put in a New York City jail for 36 hours just because she could not produce any
identification for police.
#20
According to blogger Alexander Higgins, students in kindergarten and the 1st
grade in the state of New Jersey are now required by law to participate “in monthly anti-terrorism
drills”.
The following is an excerpt from a letter that he recently received from
the school where his child attends….
Each month a school must conduct one fire drill and
one security drill which may be a lockdown, bomb threat, evacuation, active
shooter, or shelter-in place drill. All schools are now required by law to
implement this procedure.
So who in the world ever decided that it would be a
good idea for 1st grade students to endure “lockdown” and “active shooter” drills?
To get an idea of what these kinds of drills are
like, just check out this video.
#21
With all of the other problems that we are having all over the nation, you
would think that authorities would not be too concerned about little kids that
are trying to sell cups of lemonade. But sadly, over the past year police
have been sent in to shut down lemonade stands run by children all over the United States.
#22
The federal government has decided to invest a significant amount of time,
money and energy raiding organic farms. The following example comes from Natural News….
It is the latest case of extreme government food
tyranny, and one that is sure to have you reeling in anger and disgust. Health
department officials recently conducted a raid of Quail Hollow Farm, an organic
community supported agriculture (CSA) farm in southern Nevada, during its
special “farm to fork” picnic dinner
put on for guests — and the agent who arrived on the scene ordered that
all the fresh, local produce and pasture-based meat that was intended for the
meal be destroyed with bleach.
#23
It is an absolute disgrace that all of us (including grandmothers and
young children) must either go through body scanners that reveal the
intimate details of our naked bodies or endure “enhanced pat-downs” during which our
genitals will be touched before we are allowed to get on an airplane.
It is also an absolute disgrace that the American
people are putting up with this.
#24
Invasive TSA security techniques are not just for airports anymore. Now,
TSA “VIPR
teams”
are actively conducting random inspections at bus stations and on interstate
highways all over the United States. For example, the following comes
from a local news report down in Tennessee….
You’re probably used to seeing TSA’s signature blue
uniforms at the airport, but now agents are hitting the interstates to fight
terrorism with Visible Intermodal Prevention and Response (VIPR).
“Where is a
terrorist more apt to be found? Not these days on an airplane more likely on
the interstate,” said Tennessee Department of Safety & Homeland
Security Commissioner Bill Gibbons.
Tuesday Tennessee was first to deploy VIPR
simultaneously at five weigh stations and two bus stations across the state.
TSA “VIPR teams” now conduct approximately 8,000 “unannounced security
screenings” a year at subway stations, bus
terminals, ports and highway rest stops.
#25
More than a million hotel television sets all over America are now broadcasting
propaganda messages from the Department of Homeland Security promoting the “See Something, Say
Something”
campaign. In essence, the federal government wants all of us to become “informants” and to start spying on
one another constantly. The following comes from an article posted by USA Today….
Starting today, the welcome screens on 1.2 million
hotel television sets in Marriott, Hilton, Sheraton, Holiday Inn and other
hotels in the USA will show a short public service announcement from DHS. The
15-second spot encourages viewers to be vigilant and call law enforcement if
they witness something suspicious during their travels.
#26
Certain “types” of American citizens are
being labeled as potential threats in official U.S. government documents.
An unclassified Department of Homeland Security report published a couple years
ago entitled “Right-wing Extremism: Current
Economic and Political Climate Fueling Resurgence in Radicalization and
Recruitment” claims that a belief in Bible prophecy “could motivate extremist
individuals and groups to stockpile food, ammunition and weapons.” The report goes on
to state that such people are potentially dangerous.
#27
Back on February 20, 2009, the State of Missouri issued a report entitled “MIAC Strategic Report: The
Modern Militia Movement“. That report warned that the following types
of people may be potential terrorists….
*anti-abortion activists
*those that are against illegal immigration
*those that consider “the New World Order” to be a threat
*those that have a negative view of the United
Nations
#28
As I have written about previously,
a very disturbing document that Oath Keepers has obtained shows that the FBI is
now instructing store owners to report many new forms of “suspicious activity” to them. According to the document, “suspicious activity” now includes the
following….
*paying with cash
*missing a hand or fingers
*”strange odors”
*making “extreme religious statements”
*”radical theology”
*purchasing weatherproofed ammunition or match
containers
*purchasing meals ready to eat
*purchasing night vision devices, night flashlights
or gas masks
Do any of those “signs of suspicious activity” apply to you?
#29
Soon you may get labeled as a “potential terrorist” if you are just feeling
a little nervous. A new “pre-crime” technology system that is currently being tested by
the U.S. Department of Homeland Security will soon be in use all over the
nation. It is called “Future Attribute Screening Technology” (FAST), and it is very
frightening. The following description of this new program comes from an
articlein the London Telegraph….
Using cameras and sensors the “pre-crime” system measures
and tracks changes in a person’s body movements, the pitch of their voice and the
rhythm of their speech.
It also monitors breathing patterns, eye movements,
blink rate and alterations in body heat, which are used to assess an individual’s likelihood to
commit a crime.
The Future Attribute Screening Technology (FAST)
programme is already being tested on a group of government employees who
volunteered to act as guinea pigs.
#30
The truth is that nobody puts more people into prison than America does.
The United States has the highest incarceration rate in the
world and the largest total prison population on the
entire globe.
To read about some of the crazy things that the
control freaks running things have planned for the future, just check out this
article by Natural News: “10 outlandish things the ‘scientific’ controllers have in mind for
you in the near future“.
Once again, despite all of this outrageous “security”, it is inevitable that a
lot of really bad things are going to happen in the United States in the years
ahead.
When there are incidents of violence, it is also
inevitable that there will be calls for even more “Big
Brother” security measures.
We are going to be caught in a never ending spiral of
tyranny where the “solution” is always even tighter security.
Eventually, we will have lost all of our liberties
and freedoms, and we will probably be even less safe than we are today.
Do not be deceived. We could put a soldier on
every corner, a video camera in every room of every home and an RFID chip in
every citizen but that would not make us “safe”.
Every single lawmaker that is backing these laws
which strip our liberties and freedoms away deserves to be voted out of office.
If you love the United States of America, please
stand up and say something while you still can.
Please use this article and other articles like it as
tools. Share them with your friends and your family. If we can get
enough people to wake up, perhaps there is still enough time to turn the
direction of this country around.
Will the final chapters of the history of the United
States of America be mentioned in the same breath as communist China, the USSR
and Nazi Germany, or will the final chapters of the history of the United
States of America be the greatest chapters of all?
The choice, America, is up to you.’
Exclusive:
CIA Spies Caught, Fear Execution in Middle East [Well, if there was
ever anyone deserving of execution, particularly in the middle east, it’s cia
spies.]
First Lady
booed at NASCAR race [Never a previous fan (that round and round and
round– but I do like the flats in horse-racing - Go Big Red {‘Secretariat’, a
terrific film} ), I think I’m going to change my mind in light of the fans’
display of good taste!]
Pentagon chief calls India,
China ‘threats’ AFP | US Defense Secretary Leon Panetta referred to
India and China as “threats” on Thursday. [ Oh riiiiight! Anything or anybody
that’s not an incompetent, brainless automaton is a ‘threat’ to the u.s.
because in projecting america’s insanity, America sees them deviantly sitting
around plotting ways to wreak havoc and war in the world for the sake of maintaining
their wasteful, nation-draining budgets. What isn’t ‘a threat’ to these mental
cases. Certainly the truth is a threat to incompetent dog panetta, yet it is he
and his who are the threat to this nation and the world. ]
Penn State
Scandal: Mother of Sandusky's Adopted Son Speaks Out By KEVIN DOLAK | Good Morning America http://gma.yahoo.com/penn-state-scandal-mother-sanduskys-adopted-son-speaks-091457912.html
The
birth mother of Jerry Sandusky's youngest adopted
child has come forward saying she believes the former Penn State coach
led her son on a path of self-destruction and that she contacted authorities
years ago about her son's safety.
Debra Long
told ABC News in an exclusive interview that sharing her now 33-year-old son Matt with Sandusky had been a nightmare after the coach
became the boy's guardian via foster care in 1995. Long says that she watched
as her child became enamored with the local hero and then increasingly
frightened by Sandusky's behavior.
"It was
Jerry Sandusky, you know? Any 10-year-old kid is gonna be impressed by Penn
State football," Long said. "And then it was the gifts. You know,
money and clothing and whatever … It was as if Jerry owned Matthew."
Sandusky entered
the lives of the Longs as a mentor when Matt was 10 years old, via The Second
Mile charity for at-risk youth, which the former Penn State defensive
coordinator founded. When Matt was placed in juvenile hall after he set fire to
a barn in 1995, he soon entered the Sandusky home as a foster child. He was
adopted by Sandusky as an adult at age 18.
Matt Sandusky,
now 33, is not named as one of the 10 victims in the grand jury presentment
outlining the charges against the coach. He insists he was not abused by his
foster father.
But Debra Long
says that the once-welcome Sandusky soon became a source of fear for her son,
as he would take the boy out of school when he was 15 years old, unbeknownst to
her.
"My son
was afraid of Jerry. If Jerry said don't talk, he didn't talk. I would sit back
and watch when Jerry would show up, how excited Matt was," she said.
"And then, as time went on, I would watch the same kid hide behind the
bedroom door and say, 'Mom, tell him I'm not home.'"
Long believes
that exposure to Sandusky was what made her once-quiet son lash out, and
eventually fall into the coach's hands.
"It
wasn't until Jerry came into the picture that Matt started acting out in
school. Matt ended up burning down a barn with another youth, you know -- it
wasn't until Jerry came into the picture … that mentor turned him from the quiet, good kid into
-- what Jerry could use to take him."
Four months
after moving into the Sandusky's home Matt attempted suicide, along with
another girl who was staying in the house, according to a report
in the Patriot-News. After the suicide attempt, Terry L. Trude, a
school-based probation officer, wrote a letter to a local judge asking that
Matt's care at the Sandusky home be reviewed.
"The
probation department has some serious concerns about the juvenile's safety and
his current progress in placement with the Sandusky family," Trude wrote.
The adoption
file for Matt Sandusky contains letters from Long to officials and a Centre
County judge expressing concern for her son, who she was allowed to visit only
one-half day per month while he was in Sandusky's care.
Matt Sandusky – who is one of five boys
adopted by Sandusky and his wife -- still supports Jerry after he was arrested
on charges of 40 counts of sexual assault with 10 minor boys over 15 years.
Matt even brought his children to visit Sandusky after his Nov. 5 arrest.
But the mother
of Matt's kids immediately went to court to obtain an order preventing Sandusky
from being alone with her children. By court order Sandusky is now not allowed
unsupervised contact or overnight visits with his grandchildren.
In
the aftermath of Jerry Sandusky's unexpected interview on "Rock
Center" with Bob Costas on Monday night, a number of witnesses are now
ready and willing to testify in court that they were sexually assaulted by the
coach.
A second boy has said that he is now ready to testify
in court, according to Harrisburg attorney Ben Andreozzi, who is representing
the boy. According to Andreozzi , the alleged victim called him after Sandusky
gave the controversial interview on Monday.
"He has decided to dig in his heels. He's not
going anywhere. He fully intends to testify," Andreozzi said.
In a statement issued Wednesday, Andreozzi said
Sandusky "elected to re-victimize these young men at a time when they
should be healing," and said his client was "disappointed" by
Sandusky's comments.
"I think he would like Mr. Sandusky to assume
responsibility for the horrible acts he committed on him," Andreozzi said.
Another boy known to be planning to testify is one
known as "Victim 1" in the indictment; he is the boy who first came
forward to authorities to allege abuse at the hands of Sandusky. The boy has
already told his story to the grand jury and is anxious to tell it again in
open court, according to his mother.
"He wants him to go to jail, and he wants him to
pay for what he's done, and he doesn't want him on the streets where he can
hurt somebody else," the unnamed boy's mother told ABC News.
Meanwhile, The
Patriot-News reports that hearing Sandusky's interview broadcast on
national television Monday has triggered more of the coach's alleged victims to
come forward.
"They're literally processing it right in front
of us," attorney Andy Shubin told the Patriot-News. "They have kept
it from their families, moms, brothers and sisters ... The folks we talked to
are largely folks in their 20s, who in a lot of cases have never told their
story before."
Shubin has reportedly teamed up with Andreozzi, and
along with a team of psychologists and social workers they plan to aid the
alleged victims by providing seeking mental help and possible legal recourse. ‘
How to Protect Ourselves from
Radiation : George Washington : 11/16/2011 - Self-Help: How to Protect
Ourselves Against Damage from Radiation
Penn State
coach says he stopped shower assault... ‘…McQueary was placed on administrative leave last week
after Penn State officials said he had received threats.According to the grand
jury report, the graduate assistant said he saw a boy, whose age he estimated
at 10 years old, "being subjected to anal intercourse" by a naked
Sandusky in a shower at the Penn State football building in March 2002. The graduate
assistant left "immediately," was "distraught" and called
his father, according to the presentment. His father told him to leave the
building and come to his home, according to the presentment.In the email
obtained by The Morning Call, dated Nov. 8, McQueary said "I did stop it,
not physically, but made sure it was stopped when I left that locker
room.""No one can imagine my thoughts or wants to be in my shoes for
those 30-45 seconds," McQueary wrote. "Trust me."Asked about
McQueary's statement in the email that he had discussions with police, Penn
State police told The Morning Call they were deferring to the university public
relations office, which did not return a call Tuesday afternoon. Pennsylvania
State Police in Harrisburg, which is heading the investigation,
did not return a call.McQueary has not spoken publicly and declined to be interviewed
by The Morning Call…’
Defense chief warns on Iran
strike consequences Reuters | Military action against Iran could have
“unintended consequences” in the region.
Putin defends bid for president
[ Let me add my voice to his own in defending Putin’s bid for the Russian
Presidency! Another time, another place, maybe, just maybe, such criticism
might, just might be at the most, okay, even if unwarranted. Yet, in this
global worst of times scenario, Russia and the world need a strong leader to
‘push back’ the irrationality and desperate ‘misadventurism’ (wars, contrived
conflict, raping, pillaging, and plundering by war crimes nations
america/israel along with the foolishly complicit, self-destructively pliant
european bobbleheads, et als.) and continue the rationality and strength that
has always seen the great nation of Russia through the hardest of times. From a
purely Russian perspective, the Russian people must ask themselves who is the
Russian leader pervasively corrupt, defacto bankrupt, fallen, desperate war
crimes nation in intractable decline america/israel would least be inclined to
want to see in office (don’t forget former ‘american partners’ sadam hussein,
momar ghadafi, etc.). The question answers itself. Rationality will indeed
prevail in the great nation state of Russia. Congratulations President
Putin! ]
http://www.ynetnews.com/PicServer2/13062011/3550874/Untitled-1_wa.jpg
Arret sur Images (Screenshot)
The conversation then drifted to
Netanyahu, at which time Sarkozy declared: "I cannot stand him. He is a
liar." According to the report, Obama replied: "You're fed up with
him, but I have to deal with him every day!" The remark was naturally
meant to be said in confidence, but the two leaders' microphones were
accidently left on, making the would-be private comment embarrassingly public.
The communication faux pas went unnoticed for several minutes, during which the
conversation between the two heads of state – which quickly reverted
to other matters – was all but open to members the press, who were
still in possession of headsets provided by the Elysée for the sake of
simultaneous translation during the G20 press conference."By the time the
(media) services at the Elysée realize it, it was on for at least three
minutes," one journalist told the website. Still, he said that reporters
"did not have a chance to take advantage of this fluke."The
surprising lack of coverage may be explained by a report alleging that
reporters present at the event were requested to sign an agreement to keep mum
on the subject of the embarrassing comments. A member of the media confirmed
Monday that "there were discussions between journalists and they agreed
not to publish the comments due to the sensitivity of the issue." He added
that while it was annoying to have to refrain from publishing the information,
the journalists are subject to precise rules of conduct.’
No smoking gun: IAEA Iranian
nuclear report falls flat on its face Patrick Henningsen
| The IAEA report has come up short, but the Axis powers are still desperate to
hit Iran
Fourth
accuser urges Herman Cain to ‘come clean’ about harassment - A fourth woman has accused Republican
presidential candidate Herman Cain of sexual harassment--this time in public.
Sharon Bialek told reporters in a press conference Monday that Cain groped her
and e...
Good and evil
doesn’t
have a grey zone. Killing and stealing is bad. Violence is never “good” or necessary unless it
is used to defend against killers and thieves. Indeed, that is the morality
behind the “just
war”
principle as defined by international laws and treaties.
Yet, this
simple concept of right and wrong gets muddled by differing ideas about
religion, patriotism, economics and many other divisions. The “just war” rule has crumbled under
the ambitions of empires throughout history. The American-led Anglo Saxon
empire is no different.
This empire
has been brutally conquering and colonizing territory since the fall of Rome.
However, it has only gained an American face in the last century.
The United States quickly emerged as the world’s “superpower” primarily through its
economic might. For some time, many believed the U.S. to be a shining
example of economic freedom for other nations to emulate. Indeed, America
was eager to promote “economic freedom” globally to open new markets for U.S.-based
corporations.
When foreign
leaders refused to allow these corporate interests into their country, those
leaders were replaced through a variety of covert actions. The form of
government that would be installed did not matter to the empire makers so long
as the corporate interests were served. In most cases these nations
simply surrendered to the seemingly unlimited power of the almighty dollar,
thus camouflaging the traditional method of forceful empire building.
However, some
nations, especially in the last two decades, remained stubborn and have refused
to alter their banking systems while also shunning Western companies.
Despite the empire’s best efforts to diplomatically bribe or sanction
them into submission, they ultimately required an iron military fist to force
their compliance. Until recently, military action remained the last
resort. But now, preemptive military action seems to have become the
preferred, and perhaps necessary, method to conquer the last resource-rich
nations out of their grasp.
The empire’s populations cheered
this strategy out of fear of being attacked by these rogue nations who never
attacked or even threatened to attack them. In the fog of fear, killing
and stealing became acceptable. In fact, detention without charges
and even torture became acceptable in the former capital of freedom.
America has determined that the means justifies the end — which is more power.
As with
all empires, these “means” have become increasingly violent and destructive in
the face of resistance. Yet, only a few more dominoes are left to knock
over for America to complete a plan set in motion well before they were one of
the colonies. That is unless, of course, other world powers break ranks and
attempt to stop the conquerors, which could lead to a large scale conflict.
Regardless, when the dust settles and moral history
is written, America and her Western cohorts will likely be viewed as the most
brutal empire in history. Here are ten reasons why this is already the
case:
http://4.bp.blogspot.com/-ziW0uRVXDeM/Trdbyofg0wI/AAAAAAAAMO4/aHNh5p76jQE/s200/rumsfeld+saddam.jpg
#1. Support of Dictators: For all the happy talk of
spreading Democracy and protecting human rights, the empire has repeatedly not
only supported dictators, but in many cases overthrew popularly elected leaders
and replaced them with puppet tyrants. Examples range from secretly funding the Nazis,
to installing the Shah in Iran, Pinochet in
Chile, supporting Musharraf in Pakistan, and their everlasting love affair with
the brutal Saudi royal family, to name a few. Actions speak louder than
words to those who can navigate the storm of propaganda with a moral compass
set to recognize good from evil. Dictators and freedom cannot coexist.
#2. Preemptive Wars of Aggression: It could be said that
all wars are preemptive in nature because so many entities benefit from war.
Yet, even before America’s latest crusades, they covertly and surgically
attacked countries that never threatened them. This allowed them to
maintain the moral high road in the public’s eye while constructing the foundation of their
empire. That was until the Bush Doctrine; the use of preemptive military
action to confront possible threats was unofficially adopted to be the new
foreign policy for combating terror. Since then, America has become the
violent aggressors, having officially invaded two countries — Afghanistan and Iraq — without legitimate provocation.
Violent aggressors have always been judged by history as evil. But it gets
worse….
#3. Torture: Torture has never
been acceptable by those promoting a high moral standing in the global
community. Nazis and Japanese soldiers were
convicted and executed for engaging in the exact same torture
techniques that America has redefined as ‘enhanced interrogation’. “I was just following
orders,”
was not a justifiable excuse for such inhumane behavior, much like it wasn’t a good enough defense
for the low-ranking patsies who took the heat for the sinister Abu Ghraib torture scandal
even though their actions were approved at the highest levels.
Can state-sanctioned torture of prisoners held without charges ever be
viewed as anything less than brutal?
http://1.bp.blogspot.com/-KxpFlJBhceI/TrdWSTR6itI/AAAAAAAAMOQ/OEHWeOqQW0g/s200/dees+activists.jpg
#4. Suppression of Dissent: All
tyrannical regimes throughout history have suppressed homeland dissent.
As government oppression grows bolder at home and abroad, more citizens
will naturally express outrage, resulting in even more oppressive controls.
This is happening in the United States through the all-seeing eye of the
Department of Homeland Security with warrantless spying,
arbitrary watch lists, citizen spy campaigns,
and TSA molestation to travel anywhere. Additionally, in an attempt to
squash free speech, they arbitrarily seize websites and violently confront
peaceful protesters. Unfortunately, as awareness of the topics in this
very article expands, the U.S. will likely become even bolder in their pursuit
of stifling dissent. In other words, the worst is yet to come, and
history will judge the U.S. as not quite the beacon of freedom they have
pretended to be.
#5. Elimination of Habeas Corpus:
Say goodbye to the notion of being innocent until proven guilty, the right to
face charges and your accuser, and the right to a free and fair trial. Habeas corpus, considered the only humane
path to “which
a prisoner can be released from unlawful detention,” has been eliminated for
those vaguely labeled ‘enemy combatants’ of the empire. As Guantanamo prisoners rot
under such pretenses, prominent lawmakers in the empire propose the exact same
lack of rights for American citizens if they’re labeled an ‘enemy belligerent‘. Similar to
the Spanish Inquisition,
now you’re
guilty until you’re tortured to admit your guilt. Can it get
more evil? Why yes, it can. Read on.
#6. Assassinating Citizens:
That’s
right. No judge, no jury, no conviction; just straight to execution.
America has set another precedent in their tyrannical march toward empire when
they openly assassinated an American citizen and government patsy, Anwar al-Awlaki, and his
teenage son on the suspicion of terrorism. Paul Craig Roberts laments “Now the US government not
only can seize a US citizen and confine him in prison for the rest of his life
without ever presenting evidence and obtaining a conviction, but also can have
him shot down in the street or blown up by a drone.” Isn’t this the reason America
claims to be knocking off dictators around the world — the deliberate killing
of their own citizens?
But Awlaki was a bad apple because the intelligence
community said so. What’s most telling that America will continue this
wickedness is that almost every US lawmaker turned a blind eye to the grotesque
violation of Constitutional rights. Only Ron Paul said
that assassinating an American citizen without charges is nothing less than an “impeachable offense”. Too bad most of
the country cheered the Awlaki killing as a “victory” in the war on terror,
indicating that it is now an acceptable tactic. Americans beware: you may
be moved from a secret watch list to a secret kill list in this brutal empire.
http://1.bp.blogspot.com/-YQecA6AdJLQ/Trdc3ax5PnI/AAAAAAAAMPA/svo3xXohd7s/s200/dees+libya.jpg
#7. Unauthorized Drone Wars:
Unprovoked wars without authorization, accountability, or independent oversight
only seem to be escalating; and with little resistance. The US Congress no
longer votes to “declare war”. They simply give the Commander in Chief broad
“authorization” to use force against
specific nations. However, even that is not broad enough in the rapid pursuit
of empire. Now, joystick warriors directed by the CIA and Pentagon have
targeted at least three countries with “unauthorized” military strikes; Pakistan, Yemen,
and Somalia. Even worse, they waged a full-scale war for regime
change and resource plundering in Libya without any authority inside the
United States. Under the NATO flag, which is 75% funded by the U.S.,
they flew over 9200 strike sorties in Libya
to illegally topple Gaddafi. Drunk with success, the bloodthirsty empire
marches on to their next preemptive targets, Syria and Iran. Quick
morality check: unprovoked killing and stealing as a first resort is still
wrong, right?
#8. Use of Weapons of Mass Destruction:
How ironic that the world’s policeman for weapons of mass destruction is the
only one to use them on a mass scale. The United States is on record
using chemical, biological and even nuclear weapons. From the atomic
bombs dropped on Hiroshima and Nagasaki
in WWII, to Monsanto’s Agent Orange in
Vietnam, to the depleted uranium used in
Afghanistan and Iraq, America only condemns itself when speaking
about the evils of WMDs. However, killers don’t appear to care how the
killing is accomplished, so long as it achieves their goals. The real
firecrackers will likely be brought out in a confrontation with Iran, or if
China and Russia are lured into the conflict. It won’t really matter much what
history says if the use of WMD escalates by either side, but the aggressors
should rightly be blamed for the ensuing scorched earth, while the defenders
against killers and thieves should be viewed as righteous.
#9. World’s Largest
Drug Dealer: The American
empire is the largest drug dealer in the world? Say it isn’t so. Well, in addition
to forcing legal drugs and genetically modified organisms
on nations, usually under the cover of foreign aid, America also leads in the
illegal drug trade. In fact, many researchers reveal that the war on
drugs is only utilized to control and monopolize the illicit drug trade.
The US government has been caught multiple times shipping in cocaine, colluding with certain cartels
to control the industry, and now openly protects and transports opium from Afghanistan.
In fact, Global Research points out that in
2001, “according
to UN figures, opium production had fallen to 185 tons. Immediately following
the October 2001 US led invasion, production increased dramatically, regaining
its historical levels.” This month, the U.N. announced that
Afghanistan now provides 93% of the world’s opium production;
up 61% compared to 2010 to a whopping 5800 tonnes. Although the
empire tries to keep it secret, they can’t hide the hypocrisy forever.
http://3.bp.blogspot.com/-uY_ZP5f24y8/TrdZ3Bs9HhI/AAAAAAAAMOo/FgB0_Ri48LU/s1600/pyramid.jpg
#10. World Reserve Currency Prison:
Although using Weapons of Mass Debt is a non-violent form of
expanding the empire, it’s perhaps the most brutal and effective form of
control. Requiring foreign nations to purchase oil and other imported
commodities with US dollars wields immense power. Because all nations
must acquire dollars to purchase critical resources, they quickly become
indebted to the US Federal Reserve, their affiliate central banks, and the IMF.
Before long, the entire world is colonized by debt. It seems that
only the nations that don’t need or refuse credit from Western banking
institutions are the ones in danger of facing the wrath of the imperial war
machine. Incidentally, most oil-rich nations in the Middle East have
outlawed usury (lending money with interest), making them impossible
to conquer diplomatically through
debt. Controlling the world reserve currency means controlling
the tap of life itself, which is a dangerous weapon in the hands of an
aggressive empire. Debt is the ultimate WMD the empire uses to enslave
the world, which leaves dissidents with two clear choices: slavery or death.
Although this empire is infinitely more powerful than
Rome was, it will suffer the same fate. For every negative action the
empire commits, there’s an equal and opposite good reaction. And the
goodness of humanity will always defeat tyranny when it goes too far.
However, an empire with so much to lose will go down swinging and
slinging every weapon in its arsenal, thus putting the final stamp on their
status as most brutal empire in history.’
Extreme Poverty
Is Now At Record Levels – 19 Statistics
About The Poor That Will Absolutely Astound You According to the U.S. Census Bureau, a higher
percentage of Americans is living in extreme poverty than they have ever
measured before. The Economic Collapse
November 5, 2011
According to
the U.S. Census Bureau, a higher percentage of Americans is living in extreme
poverty than they have ever measured before. In 2010, we were told that
the economy was recovering, but the truth is that the number of the “very poor” soared to heights never
seen previously. Back in 1993 and back in 2009, the rate of extreme
poverty was just over 6 percent, and that represented the worst numbers on
record. But in 2010, the rate of extreme poverty hit a whopping 6.7
percent. That means that one out of every 15 Americans is now considered
to be “very
poor”.
For many people, this is all very confusing because their guts are telling them
that things are getting worse and yet the mainstream media keeps telling them
that everything is just fine. Hopefully this article will help people
realize that the plight of the poorest of the poor continues to deteriorate all
across the United States. In addition, hopefully this article will
inspire many of you to lend a hand to those that are truly in need.
Tonight, there
are more than 20 million Americans that are living in extreme poverty.
This number increases a little bit more every single day. The following
statistics that were mentioned in an article in The Daily Mail should be very sobering for
all of us….
About 20.5 million Americans, or 6.7 percent of the
U.S. population, make up the poorest poor, defined as those at 50 per cent or
less of the official poverty level.
Those living in deep poverty represent nearly half of
the 46.2 million people scraping by below the poverty line. In 2010, the
poorest poor meant an income of $5,570 or less for an individual and $11,157
for a family of four.
That 6.7 percent share is the highest in the 35 years
that the Census Bureau has maintained such records, surpassing previous highs
in 2009 and 1993 of just over 6 percent.
Sadly, the wealthy and the poor are being
increasingly segregated all over the nation. In some areas of the U.S.
you would never even know that the economy was having trouble, and other areas
resemble third world hellholes.
In most U.S. cities today, there are the “good neighborhoods” and there are the “bad neighborhoods”.
According to a recent Bloomberg article, the “very poor” are increasingly being
pushed into these “bad neighborhoods”….
At least 2.2 million more Americans, a 33 percent
jump since 2000, live in neighborhoods where the poverty rate is 40 percent or
higher, according to a study released today by the Washington-based Brookings
Institution.
Of course they don’t have much of a
choice. They can’t afford to live where most of the rest of us do.
Today, there are many Americans that openly look down on the poor, but that should
never be the case. We should love the poor and want to see them lifted up
to a better place. The truth is that with a few bad breaks any of us
could end up in the ranks of the poor. Compassion is a virtue that all of
us should seek to develop.
Not only that,
but the less poor people and the less unemployed people we have, the better it
is for our economy. When as many people as possible in a nation are
working and doing something economically productive, that maximizes the level
of true wealth that a nation is creating.
But today we
are losing out on a massive amount of wealth. We have tens of millions of
people that are sitting at home on their couches. Instead of creating
something of economic value, the rest of us have to support them
financially. That is not what any of us should want.
It is
absolutely imperative that we get as many Americans back to work as
possible. The more people that are doing something economically
productive, the more wealth there will be for all of us.
That is why it
is so alarming that the ranks of the “very poor” are increasing so dramatically. When the
number of poor people goes up, the entire society suffers.
So just how
bad are things right now?
The following
are 19 statistics about the poor that will absolutely astound you….
#1 According to the U.S. Census Bureau, the percentage
of “very
poor”
rose in 300 out of the 360 largest metropolitan areas during 2010.
#2 Last year, 2.6 million more Americans descended into poverty. That was the largest increase that we have seen since the
U.S. government began keeping statistics on this back in 1959.
#3 It isn’t just the ranks of the “very poor” that are rising.
The number of those just considered to be “poor” is rapidly increasing as well. Back in the
year 2000, 11.3% of all Americans were living in poverty.
Today, 15.1% of all Americans are living in poverty.
#4 The poverty rate for children living in the United
States increased to 22% in 2010.
#5 There are 314 counties in the United States
where at least 30% of the children are facing
food insecurity.
#6 In Washington D.C., the “child food insecurity
rate”
is 32.3%.
#7 More than 20 million U.S. children rely on school meal
programs to keep from going hungry.
#8 One out of every six elderly Americans now
lives below the federal poverty line.
#9 Today, there are over 45 million Americans on food stamps.
#10 According to the Wall Street Journal, nearly 15 percent of all Americans are now on
food stamps.
#11 In 2010, 42 percent of all single mothers in the United
States were on food stamps.
#12 The number of Americans on food stamps has increased 74% since 2007.
#13 We are told that the economy is recovering, but the
number of Americans on food stamps has grown by another 8 percent over the past year.
#14 Right now, one out of every four American children is on food stamps.
#15 It is being projected that approximately 50 percent of all U.S.
children will be on food stamps at some point in their lives before they reach
the age of 18.
#16 More than 50 million Americans are now on Medicaid.
Back in 1965, only one out of every 50 Americans was on Medicaid.
Today, approximately one out of every 6 Americans is
on Medicaid.
#17 One out of every six Americans is now enrolled in at least onegovernment anti-poverty program.
#18 The number of Americans that are going to food
pantries and soup kitchens has increased by 46% since 2006.
#19 It is estimated that up to half a million children may currently be
homeless in the United States.
Sadly, we don’t hear much about this on
the nightly news, do we?
This is
because the mainstream media is very tightly controlled.
I came across
a beautiful illustration of this recently. If you do not believe that the
news in America is scripted, just watch this video starting at the 1:15 mark.
Conan O’Brien
does a beautiful job of demonstrating how news anchors all over the United
States are often repeating the exact same words.
So don’t rely on the mainstream
media to tell you everything.
In this day
and age, it is absolutely imperative that we all think for ourselves.
It is also
absolutely imperative that we have compassion on our brothers and sisters.
Winter is
coming up, and if you see someone that does not have a coat, don’t be afraid to offer to
give them one.
All over the
United States (and all around the world), there are orphans that are
desperately hurting. As you celebrate the good things that you have
during this time of the year, don’t forget to remember them.
We should not
expect that “the
government”
will take care of everyone that is hurting.
The reality is
that millions of people fall through the “safety net”.
Being generous
and being compassionate are qualities that all of us should have.
Yes, times are
going to get harder and an economic collapse is coming.
That just
means that we should be more generous and more compassionate than we have ever
been before.’
Blagojevich
calls feds 'cowards and liars'…[Yes. This is a rare moment for one to say that
a sleazy hypocrite like blago, who is on corrupt federale-connected mobster trump’s
celebrity apprentice, happens to be correct based upon facts / reality and my
own direct observation and experience and the law – Don’t forget to include
corrupt federal judges as maryanne trump barry, sam alito, shiff, matz, hall,
underhill, dorsey, etc.. Defacto bankrupt america’s so-called system is
pervasively corrupt and broken] (AP) [Abolish the
corrupt, costly, economically wasteful lifetime extravagantly appointed federal
courts - see RICO case [ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
Sheriff: Fast
and Furious Bigger Scandal Than Watergate http://www.prisonplanet.com/sheriff-fast-and-furious-bigger-scandal-than-watergate.html Paul Joseph Watson | Over two dozen
Republicans call for Holder to resign. Though heavily redacted, the documents directly discuss “Operation Fast and
Furious”
and how it involves “trafficking firearms to Mexico”. Tuesday, November 1,
2011
Pinal County
Sheriff Paul Babeu joined over two dozen Republican lawmakers in calling on
Attorney General Eric Holder’s to resign over Operation Fast and Furious, the
gunrunning program that saw the ATF deliver some 2,000 guns directly into the
hands of Mexican drug gangs, labeling the scandal worse than the Watergate
cover-up that brought down the Nixon White House.
Noting that
two of the guns involved in the program were found at the scene where U.S.
Border Patrol agent Brian Terry was shot to death, Babeu warned that if Holder
attempted to stay in power, he could bring down the entire Obama
administration.
“I thought it was a telling sign when President Obama
embraced him and gave him the Al Capone hug and the Scarface whisper in the ear
that I support you. He did this publicly. I thought, `Wow, this is his last
hours here, that he’s on his way out,” Babeu told KTAR News.
Holder is set
to testify once more on the subject in front of a Democratic-led Senate
committee on November 8.
By no means
for the first time, if Eric Holder repeats his dubious contention that Fast and
Furious only came to his attention when it became public knowledge, he will be
knowingly committing perjury.
The head of
the Justice Department’s criminal division, Lanny A. Breuer, Holder’s subordinate who first learned of Fast and
Furious in April 2010, sent Holder briefings concerning Fast and
Furious in July 2010, almost a year before Holder told a Judiciary Committee
hearing, “I’m not sure of the exact
date, but I probably heard about Fast and Furious for the first time over the
last few weeks.”
Holder also
received the same briefing from the head of the National Drug Intelligence
Center, internal DOJ documents
obtained by CBS News show.
“Internal Justice Department documents show that at
least ten months before that hearing, Holder began receiving frequent memos
discussing Fast and Furious,” states the report.
The CBS News
journalist behind the scoop, Sharyl Attkisson, was subjected to verbal abuse
by the White House merely for asking questions about the
controversy, and was warned not to pursue the story.
In addition, Holder himself gave testimony to Congress in May 2009
in which he spoke of efforts on behalf of the DOJ and the DHS to track weapons
going from the U.S. into Mexico under Project Gunrunner, which was the umbrella
program for subsequent operations like Fast and Furious.
It now appears
as though Breuer is attempting to throw himself under the bus in an attempt to
take the heat off his boss and be the fall guy for Fast and Furious.
Over two dozen Republican
lawmakers have called for Holder to resign over his stonewalling on
Fast and Furious, which is the subject of a congressional probe.
As we highlighted last week,
Holder is not alone in his willingness to risk charges of perjury by lying in
front of elected representatives.
Despite
telling a House Judiciary Committee that she only learned of operation Fast and
Furious in December last year when the controversy went public, Homeland
Security chief Janet Napolitano actually helped launch the previous incarnation
of the program, Project Gunrunner, at a White House press conference in March
2009.
“Napolitano, at one point likening the questioning to
a cross-examination, said repeatedly she only learned of “Fast and Furious” after Border Patrol
Agent Brian Terry was killed in December,” reported Fox News. “She emphasized the
operation, conceived and run by the Bureau of Alcohol, Tobacco, Firearms and
Explosives, “was
an ATF operation,” under the auspices of the Justice Department, not
her department.”
However, as
the video below illustrates, not only was Napolitano aware of the ATF program
to put guns into the hands of Mexican drug lords, she actually helped launch
the previous incarnation of it, Project Gunrunner, at a White House press
conference alongside Deputy Attorney General David Ogden in March 2009.’
http://www.youtube.com/watch?feature=player_embedded&v=-F_1Sya42yA
U.S. Boots on the Ground in
Libya, Pentagon Confirms Fox News | Despite
assurances otherwise, four U.S. service members arrived on the ground in
Tripoli.
Afghanistan
to back Pakistan if wars with U.S.: Karzai - ISLAMABAD (Reuters) - Afghanistan would
support Pakistan in case of military conflict between Pakistan and the United
States, Afghan President Hamid Karzai said in an interview to a private
Pakistani ..
GAO Report: Federal Reserve Is
Riddled With Corruption And Conflicts Of Interest Daily Bail
| New audit of the Federal Reserve details huge conflicts of interest involving
directors of regional Fed banks
FBI Announces Gangs Have
Infiltrated Every Branch Of Military Business Insider
| Report says military has seen members from 53 gangs and 100 regions in U.S.
enlist in every branch of armed forces.
The Military Industrial
Complex at 50: Activism Ray McGovern | Ray McGovern
on Activism and the Military Industrial Complex.
BOOK WARNS OF END... BOOK WARNS OF END
Fri Oct 14 2011 07:00:25 ET
**Exclusive**
"As the faith that gave birth to the West is dying in
the West, peoples of European descent from the steppes of Russia to the coast
of California have begun to die out, as the Third World treks north to claim
the estate. The last decade provided corroborating if not conclusive proof that
we are in the Indian Summer of our civilization."
So begins Pat Buchanan in his hardcore work, SUICIDE OF A
SUPERPOWER.
"Will America Survive to 2025?"
Buchanan, set for maximum controversy, launches all rockets
at introduction "Disintegrating Nation" -- and does not let up for
400-plus pages.
"America is disintegrating. The centrifugal forces
pulling us apart are growing inexorably. What unites us is dissolving. And this
is true of Western Civilization....Meanwhile, the state is failing in its most
fundamental duties. It is no longer able to defend our borders, balance our
budgets, or win our wars."
The books reads as if its been written to be left behind in
the ruins, only to be found by a future civilization.
SUICIDE ranked #2,668 on AMAZON's hit
parade early Friday. It streets on Tuesday.
Now only the DRUDGE REPORT can offer a look inside.
Chapter 1: The Passing of a Superpower
“We have accepted today the existence in perpetuity of a
permanent underclass of scores of millions who cannot cope and must be carried
by society -- fed, clothed, housed, tutored, medicated at taxpayer’s expense
their entire lives. We have a dependent nation the size of Spain in our
independent America. We have a new division in our country, those who pay a
double or triple fare, and those who ride forever free.”
Chapter 2. The End of Christian America
If [Christopher] Dawson is correct, the drive to
de-Christianize America, to purge Christianity from the public square, public
schools and public life, will prove culturally and socially suicidal for the
nation.
“The last consequence of a dying Christianity is a dying
people. Not one post-Christian nation has a birth rate sufficient to keep it
alive....The death of European Christianity means the disappearance of the
European tribe, a prospect visible in the demographic statistics of every
Western nation.”
Chapter 3. The Crisis of Catholicism
“Half a century on, the disaster is manifest. The robust
and confident Church of 1958 no longer exists. Catholic colleges and
universities remain Catholic in name only. Parochial schools and high schools
are closing as rapidly as they opened in the 1950s. The numbers of nuns,
priests and seminarians have fallen dramatically. Mass attendance is a third of
what it was. From the former Speaker of the House to the Vice President,
Catholic politicians openly support abortion on demand.”
“How can Notre Dame credibly teach that all innocent life
is sacred, and then honor a president committed to ensuring that a woman’s
right to end the life of her innocent child remains sacrosanct?”
Chapter 4. The End of White America
“[W]hite America is an endangered species. By 2020, whites
over 65 will out-number those 17 and under. Deaths will exceed births. The
white population will begin to shrink and, should present birth rates persist,
slowly disappear.”
“Mexico is moving north. Ethnically, linguistically and
culturally, the verdict of 1848 is being over-turned. Will this Mexican nation
within a nation advance the goals of the Constitution -- to “insure domestic
tranquility” and ‘make us a more perfect union’? Or have we imperiled our
union?” (Page 134)
Chapter 5. Demographic Winter
“Peoples of European descent are not only in a relative but
a real decline. They are aging, dying, disappearing. This is the existential
crisis of the West.” (Page 166)
“Not any Iranian weapon of mass destruction but demography
is the existential crisis Israel faces....By mid-century...Palestinians west of
the Jordan river will out-number Jews 2-1. Add Palestinians in Jordan, it is
3-1.”
“In a startling development of history, Russia’s population
has fallen from 148 million in 1991 to 140 million today and is projected to
plunge to 116 million by 2050, a loss of 32 million Russians in six decades.”
Chapter 6. Equality Vs. Freedom
“Those who would change society begin by changing the
meaning of words. At Howard University, LBJ changed the meaning of equality
from the attainable -- an end to segregation and a legislated equality of
rights for African-Americans -- to the impossible: a socialist utopia.”
“Where equality is enthroned, freedom is extinguished. The
rise of the egalitarian society means the death of the free society.”
“A time for truth. As most kids do not have the athletic
ability to play high school sports, or the musical ability to play in the band,
or the verbal ability to excel in debate, not every child has the academic
ability to do high school work. No two children are created equal, not even
identical twins. The family is the incubator of inequality and God its author.”
Chapter 7. The Diversity Cult
“The non-Europeanization of America is heartening news of
an almost transcendental quality,” Wattenberg trilled.4 Yet, one wonders: What
kind of man looks with transcendental joy to a day when the people among whom
he was raised have become a minority in a nation where the majority rules?”
“Historians will look back in stupor at 20th and 21st
century Americans who believed the magnificent republic they inherited would be
enriched by bringing in scores of millions from the failed states of the Third
World.”
Chapter 8: The Triumph Of Tribalism
America’s war of revenge against Japan was a race war.
Newsreels, movies, magazines, comic books, headlines treated “Japs” as a
repulsive race whose extermination would benefit mankind....Only well after the
war was over was it re-branded a war to bring the blessings of democracy
to...Japan.
We may deny the existence of ethnonationalism, detest it,
condemn it. But this creator and destroyer of empires and nations is a force
infinitely more powerful than globalism, for it engages the heart. Men will die
for it. Religion, race, culture and tribe are the four horsemen of the coming
apocalypse.
Chapter 9. ‘The White Party’
“Through its support of mass immigration, its paralysis in
power to prevent 12-20 million illegal aliens from entering and staying, its
failure to address the “anchor-baby” issue, the Republican Party has birthed a
new electorate that will send it the way of the Whigs.”
Chapter 10: The Long Retreat
“We borrow from Europe to defend Europe. We borrow from the
Gulf states to defend the Gulf states. We borrow from Japan to defend Japan. Is
it not a symptom of senility to be borrowing from the world so we can defend
the world?”
“Are vital U.S. interests more imperiled by what happens in
Iraq where were have 50,000 troops, or Afghanistan where we have 100,000, or
South Korea where we have 28,000 -- or by what is happening on our border with
Mexico?...What does it profit America if we save Anbar and lose Arizona?”
Chapter 11: The Last Chance
“We are trying to create a nation that has never before
existed, of all the races, tribes, cultures and creeds of Earth, where all are
equal. In this utopian drive for the perfect society of our dreams we are
killing the real country we inherited..’
SHRINK: Obama
suffers from 'father hunger'... ‘The
abandonment by his father when he was an infant and by his stepfather at age 10
has left President Obama with a "father hunger" that influences
everything from why he distances himself from pushy supporters, to his strong
desire to compromise and bring people together, to his aggressive campaign to
kill Osama bin Laden, says a psychoanalytic book out next week. In Obama on the
Couch, George Washington
University professor Justin Frank also reveals that Obama has spent much of his
life seeking out father figures, but most, like Rev. Jeremiah Wright and Vice
President Biden, have disappointed him. "Obama searched for a father, for
someone to relate to who could help him—a strong man who knew what to do," Frank writes.
[Check out photos of Obama
behind the scenes.]
This is
Frank's second psychoanalytical book about a president. While a sympathetic
look at Obama, it follows Bush on the Couch, a sharply critical analysis that suggested then
President George W. Bush was disturbed. In that book, he predicted that someone
like Obama—"completely
different," "someone not ... white"—would succeed Bush. What
the nation ended up with, however, is "an almost tragic figure,"
Frank writes.
The general
theme is that Obama has been affected both by being biracial and by the abandonment
of his two dads during his childhood. The result is that he is overly
protective of his own nuclear family, desires greatly to see national unity,
and yet harbors anger that he took out on bin Laden. [Vote now: Will Obama be a
one-term president?]
Take for
example Obama's earlier willingness to compromise with Republicans, upsetting
his liberal base. Here Frank cites the negative influence of his parents,
especially his mom, who often pressed him to do better in school. "He
hates being pushed by supporters who want him to make good on his promises of
universal healthcare and care for the poor, something that represents his
mother and how she pushed him to study harder," Frank writes. And when he
ignores his base, he is emulating his father, expressing annoyance but not
worried they will desert him.
Frank also
calls Obama scared of the type of radical change he advocated in 2008. "He
wants to be the father who makes change safe, the person he has waited for his
entire life."
Browse: photos of 2012 GOP hopefuls on the campaign trail…’
BUCHANAN: Is the New World Order unraveling?
October 13, 2011 ‘With Greece on the precipice of default and
Portugal and Italy approaching the ledge, the European monetary union appears
in peril.
Should it
collapse, the European Union itself could be in danger, for economic
nationalism is rising in Europe. Which raises a larger question.
Is the New
World Order, the great 20th century project of Western transnational elites,
unraveling?
The NWO dates
back as far as Woodrow Wilson's League of Nations, which a Republican Senate
refused to enter. FDR, seeking to succeed where his mentor had failed, oversaw
the creation of a United Nations, an International Monetary Fund and a World
Bank.
In 1951 came
the European Coal and Steel Community, love child of Jean Monnet, which evolved
into the European Economic Community, the European Community and the European
Union. A European Central Bank and a new currency, the euro, followed.
The hidden
ultimate goal of economic union was political union – a United States of
Europe as model and core of the 21st-century world government.
With the
disintegration of the Soviet Union, the EU expanded to the east. And the New
World Order, formally proclaimed by George H.W. Bush in 1991, was out in the
open and seemingly the wave of the future.
Progress was
swift.
A North
American Free Trade Agreement, bringing the United States, Mexico and Canada
into a common market that George W. Bush predicted would encompass the
hemisphere from Patagonia to Prudhoe Bay, was signed in 1993.
A World Trade
Organization was born in 1994. U.S. sovereignty was surrendered to a global
body where America had the same single vote as Azerbaijan.
The Kyoto
Protocol, brought home by Vice President Al Gore, set up a regime to control
the worldwide emission of greenhouse gases.
An
International Criminal Court, a permanent Nuremberg Tribunal to prosecute war
crimes and crimes against humanity, was created.
A doctrine of
limited sovereignty had been asserted. Elites claimed a higher law than
national sovereignty; "a responsibility to protect" enabled them to intervene
in countries where human rights violations were egregious.
Serbia, bombed
by Bill Clinton for 78 days for fighting to hold its ancient province of
Kosovo, was the first victim.
Suddenly,
however, the progression has stalled. Indeed, the New World Order seems to be
unraveling.
Emerging
powers like China, India and Brazil are demanding they be exempt from
restrictions developed countries seek to impose. The follow-up summits to Kyoto
–
Copenhagen in 2009, Cancun in 2010 – ended in failure. The Doha round of world trade
negotiations ended in failure.
China refuses
to let her currency float lest she lose the trade surpluses that have enabled
her to amass $3 trillion in cash reserves.
Protectionism
is rising. Americans chafe at a new world economic order that has led to
deindustrialization of their country. Congress is talking of defunding the U.N.
as anti-Western and anti-Israel.
Why is the New
World Order suddenly going in reverse?
A primary
reason is the resurgence of nationalism. Nations are putting national interests
ahead of any perceived global interests.
A second
reason is the decline of a West whose project this was. We no longer dictate to
the world, and the world no longer marches to our tune. The deficits and
indebtedness of Western nations preclude more of the big wealth transfers in
foreign aid that once bought us influence.
A third reason
is demography. Not one European nation has a birth rate sufficient to replace
its population. Europe's nations are aging, shrinking, dying. A depopulating
Germany cannot carry forever the deficit-debtor nations of Club Med. The oldest
nation, Japan, is on schedule to lose 25 million people by 2050, as is neighbor
Russia.
Militarily,
America remains the most powerful nation. But Iraq and Afghanistan have bled
the country and left us without the certain attainment of our goals. Old allies
like Turkey go their separate ways.
Ethno-nationalism
also explains a disintegrating world order. Aspiring nations like Scotland,
Catalonia, Padania, Flanders, Ingushetia, Dagestan, East Turkestan, Kurdistan
and Baluchistan seek a place in the sun, free of the cloying embrace of the
mother country.
The desire of
peoples for nations all their own, where their own language, faith and culture
predominate and their own kind rule to the exclusion of all others, is
everywhere winning out over multiculturalism and transnationalism.
Through
history there have been attempts to unite the world.
The Roman
Empire. Catholicism. Islam. The West that ruled much of mankind from Columbus
to the mid-20th century. Communism, which conquered half of Europe and Asia but
arose and fell in a single century.
With the death
of communism and the decline of the West – in relative population and power – Islam has become the
largest religion, China the world's emerging superpower and Asia the continent
of the future.
Could this
still be the Second American Century? [
Absolutely, unequivocally NOT! ]
Not
the way we are going.’
Read more: Is the New World
Order unraveling? http://www.wnd.com/index.php?fa=PAGE.view&pageId=355405#ixzz1aiOydNLu
Rick Perry's Pledge To Stand
With Israel "as a Christian"... [ Yes, indeed! This is as damaging to Christianity as it is
helpful to Islamic fundamentalists, ‘extremists’, realists; in large part owing to the fact that such a
position can’t be justified rationally,
biblically, spiritually, morally, or realistically! ] Rick Perry's pledge to
stand with Israel "as a Christian" is a gift to Islamic...
Analysis: what
was so objectionable about Ahmadinejad’s speech? [
Nothing! As regards the twin towers reference, his position is consistent with
in excess of 95% of those who’ve looked closely at same, including from an engineering
perspective, as opposed to those who blindly accept the government ‘pablum’ of the neo-con cherished ‘pearl harbor event’ (that was wildly cheered by those
israeli agents in Weehawken, n.j.) ]Activist Post | It is clear that
Ahmadinejad’s address to the
66th Session of the United States General Assembly was not well met.
California City
Closes Down Bible Study in Private Home Kurt Nimmo
| In Orange County, California, it is illegal to hold a religious meeting in
your home. In Orange County, California, it is illegal to hold a religious
meeting in your home.[ How totally pathetic … California … truly the ‘land of fruits and nuts’! … Meanwhile, the inmates that run
the asylum called California are releasing felons from prisons in droves
because they can’t count, do simple math. Maybe if
these peaceful people in the confines of their homes (it’s a jungle out there on the lawless California ‘streets’) were to commit serious crimes
they would get more empathy, understanding from the inmates / criminals running
the asylum they call California! Outrageous! ] ‘This is what Chuck and Stephanie Fromm, of San Juan
Capistrano, discovered when they were fined $300 earlier this month for holding
a Bible study class on their property.Officialdom in the county said the couple
were singled out because it is considered illegal to hold “a regular gathering of more than three people” on private property. Officials stated that the Fromms
require a license to hold meetings in their home.San Juan Capistrano
authorities claim home Bible study is not allowed because it is a “church,” and churches require a
Conditional Use Permit (CUP) in residential areas.The Fromms face additional
fines of $500 per meeting for any further “religious gatherings” in their home, according to the Pacific
Justice Institute.The city’s action is a brazen violation of
the First Amendment, which guarantees free worship without government
intervention.PJI and the Fromms plan to appeal a decision made by the city to
uphold the fine and restriction to the California Superior Court in Orange
County, according to KCOY 12
News, a Fox affiliate.Ironically, the city of San Juan Capistrano
was founded as a mission in the late 1700s by Catholic priest Junipero Serra. A
local chapel established by Serra is the oldest standing building in
California.’
WIRELESS: Obama invested in
Falcone-funded Co.... In ’05 Investing, Obama Took Same Path as Donors By MIKE
McINTIRE and CHRISTOPHER DREW ‘Less
than two months after ascending to the United States Senate, Barack Obama bought more than $50,000
worth of stock in two speculative companies whose major investors included some
of his biggest political donors.
One of the companies was a biotech
concern that was starting to develop a drug to treat avian flu. In March 2005,
two weeks after buying about $5,000 of its shares, Mr. Obama took the lead in a
legislative push for more federal spending to battle the disease.
The most recent financial disclosure
form for Mr. Obama, an Illinois Democrat, also shows that he bought more than
$50,000 in stock in a satellite communications business whose principal backers
include four friends and donors who had raised more than $150,000 for his
political committees.
A spokesman for Mr. Obama, who is
seeking his party’s presidential nomination in 2008, said
yesterday that the senator did not know that he had invested in either company
until fall 2005, when he learned of it and decided to sell the stocks. He sold
them at a net loss of $13,000.
The spokesman, Bill Burton, said Mr.
Obama’s broker bought the stocks without
consulting the senator, under the terms of a blind trust that was being set up
for the senator at that time but was not finalized until several months after
the investments were made.
“He
went about this process to avoid an actual or apparent conflict of interest,
and he had no knowledge of the stocks he owned,”
Mr. Burton said. “And when he realized that he didn’t
have the level of blindness that he expected, he moved to terminate the trust.”
Mr. Obama has made ethics a signature
issue, and his quest for the presidency has benefited from the perception that
he is unlike politicians who blend public and private interests. There is no
evidence that any of his actions ended up benefiting either company during the
roughly eight months that he owned the stocks.
Even so, the stock purchases raise
questions about how he could unwittingly come to invest in two relatively
obscure companies, whose backers happen to include generous contributors to his
political committees. Among those donors was Jared Abbruzzese, a New York
businessman now at the center of an F.B.I.
inquiry into public corruption in Albany, who had also contributed to Swift Boat
Veterans for Truth, a group that sought to undermine John Kerry’s
Democratic presidential campaign in 2004.
Mr. Obama, who declined to be
interviewed about the stock deals, has already had to contend with a
controversy that arose out of his reliance on a major campaign contributor in
Chicago to help him in a personal financial transaction. In that earlier case,
he acknowledged last year that it had been a mistake to involve the
contributor, a developer who has since been indicted in an unrelated political
scandal, in deals related to the Obamas’ purchase of a home.
Senate ethics rules do not prohibit
lawmakers from owning stocks — even in companies that do business
with the federal government or could benefit from legislation they advance —
and indeed other members of Congress have investments in government
contractors. The rules say only that lawmakers should not take legislative
actions whose primary purpose is to benefit themselves.
Mr. Obama’s
sale of his shares in the two companies ended what appears to have been a brief
foray into highly speculative investing that stood out amid an otherwise
conservative portfolio of mutual funds and cash accounts, a review of his
Senate disclosure statements shows. He earned $2,000 on the biotech company,
AVI BioPharma, and lost $15,000 on the satellite communications concern,
Skyterra, according to Mr. Burton of the Obama campaign.
Mr. Burton said the trust was different
from qualified blind trusts that other senators commonly used, because it was
intended to allow him greater flexibility to address any accusations of
conflicts that might arise from its assets. He said Mr. Obama had decided to
sell the stocks after receiving a communication that made him concerned about
how the trust was set up.
The investments came at a time when Mr.
Obama was enjoying sudden financial success, following his victory at the polls
in November 2004. He had signed a $1.9 million book deal, and his ethics
disclosure reports show that he received $1.2 million of book money in 2005.
His wife, Michelle, a hospital vice
president in Chicago, received a promotion that March, nearly tripling her
salary to $317,000, and they bought a $1.6 million house in June. The house sat
on a large property that was subdivided to make it more affordable, and one of
Mr. Obama’s political donors bought the adjacent
lot.
The disclosure forms show that the
Obamas also placed several hundred thousand dollars in a new private-client
account at JPMorgan Chase, a bond fund and a checking account at a Chicago
bank.
But he put $50,000 to $100,000 into an
account at UBS, which his aides say was recommended to him by a wealthy friend,
George W. Haywood, who was also a major investor in both Skyterra and AVI
BioPharma, public securities filings show.
Mr. Haywood and his wife, Cheryl, have
contributed close to $50,000 to Mr. Obama’s campaigns and to his political action
committee, the Hopefund. Mr. Haywood declined to comment.
Within two weeks of his purchase of the
biotech stock that Feb. 22, Mr. Obama initiated what he has called “one
of my top priorities since arriving in the Senate,”
a push to increase federal financing to fight avian flu.
Several dozen people had already died
from the disease in Southeast Asia, and experts were warning that a worldwide
pandemic could kill tens of millions of people. Mr. Obama was one of the first
political leaders to call for more money to head off the danger, which he
described as an urgent public health threat.
His first step came on March 4, 2005,
when the Senate Foreign Relations Committee approved his request for $25
million to help contain the disease in Asia; the full Senate later approved
that measure. And in April 2005, he introduced a bill calling for more research
on avian flu drugs and urging the government to increase its stockpiles of
antiviral medicines.
Mr. Obama repeated this call in a
letter that Aug. 9 to Michael O. Levitt, the health and human services
secretary. And in September 2005, Mr. Obama and Senator Tom Harkin, Democrat of Iowa, succeeded in
amending another bill to provide $3.8 billion for battling the flu.
Meanwhile, the drug company in which he
invested, AVI BioPharma, had been working to develop its own medicine to treat
avian flu victims. In a conference call with Wall Street analysts on March 8,
2005, the company’s chairman, Denis R. Burger, said the
firm was “aggressively going forward”
with its avian flu research and hoped to work with federal agencies on it.
The company, which is also developing
medicines in a number of other areas, provided several updates on its avian flu
research in 2005, including one on Oct. 21 saying the company was likely to
develop a treatment for avian flu “in a relatively short time.”
Mr. Obama sold what appears to have
been about 2,000 shares of the company’s stock a week later, when it traded at
about $3.50 a share, or about $1 a share more than when he bought it. Company
officials said they never talked to the senator about his work on avian flu.
And while the company has received millions of dollars in federal money to
develop drugs for treating ebola and other serious diseases, it still has not
received any federal money for its avian flu research.
The company’s
stock briefly surged to nearly $9 a share in January 2006 when it announced
promising research findings on the flu drug. But the company still has not
applied for federal approvals to test and market the drug.
Unlike his investment in AVI, which
yielded a small profit, Mr. Obama’s stake in Skyterra Communications went
in the opposite direction, despite a promising start.
He bought his Skyterra shares the same
day the Federal
Communications Commission ruled in favor of the company’s
effort to create a nationwide wireless network by combining satellites and
land-based communications systems. Immediately after that morning ruling, Tejas
Securities, a regional brokerage in Texas that handled investment banking for
Skyterra, issued a research report speculating that Skyterra stock could triple
in value.
Tejas and people associated with it
were major donors to Mr. Obama’s political committees, having raised
more than $150,000 since 2004. The company’s chairman, John J. Gorman, has held
fund-raisers for the senator in Austin, Tex., and arranged for him to use a
private plane for several political events in 2005. Mr. Gorman declined to
comment.
In May 2005, Mr. Abbruzzese, who was
vice chairman of Tejas and a principal investor in Skyterra, contributed $10,000
along with his wife to Mr. Obama’s political action committee —
a departure from his almost exclusive support of Republicans. Eight months
earlier, for instance, he had contributed $5,000 to the Swift Boat group, and
he has given $100,000 to the Republican
National Committee since 2004.
Last year, Mr. Abbruzzese, a major
investor in several high-tech companies in New York and elsewhere, emerged as a
central figure in the federal investigation of the New York State Senate
majority leader, Joseph L. Bruno. The
inquiry is examining Mr. Bruno’s personal business dealings, including
whether he accepted money from Mr. Abbruzzese in return for Senate approval of
grants for one of Mr. Abbruzzese’s companies. Both men have denied any
wrongdoing. Mr. Abbruzzese did not return phone calls seeking comment.
Skyterra’s
share price was lifted into the $40 range for a time on the strength of the
F.C.C. ruling, but eventually drifted down into the low 30s, and was at $31
when Mr. Obama sold his shares for a $15,000 loss on Nov. 1, 2005. A few months
later, it plunged into the $20 range, and today trades below $10 a share. A
spokesman for Skyterra said the company’s top officials had not been aware of
Mr. Obama’s investment.’
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
WASILLA,
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.
Ralph Nader: U.S. is a two
party dictatorship Raw Story | “It’s a two party
dictatorship unless you’re worth billions of dollars.”
Astronauts' tracks, trash seen in new moon photos
[ The easiest thing in the world to contrive (don’t forget they can with some
precision today send robotics to ie., mars, etc.) and doctor so don’t be taken
in by their fraudulent b***s***! They’re probably desperately looking for some
money / budgetary consideration for their continued boondoggles. No man has
ever set foot on the moon to date. As NASA transitions, U.S.
space politics in a state of flux
(Washington Post) [ U.S. space politics? I didn’t know there was such a
thing. But I, and I’m sure all know that ‘u.s. politics are spaced’. Flux? One
could only hope. I’d say, ‘fleeced’; as in we’ve all been fleeced. Sterner: 5 myths about NASA (Washington Post) [ If you can’t get past
the first myth; viz., that they actually set foot on the moon, the other 5
so-called myths become irrelevant. Indeed, post-Eisenhower, and certainly
post-Kennedy-assassination / coup d’etat, NASA was all military / military
industrial complex (moreover, someone knowledgeable about such matters said
essentially that in explaining to my surprise the transition to the shuttle
program it was said there was greater military application in same). In any
event, Russia’s been doing quite a bit of ‘heavy lifting’ vis-à-vis the space
station, but not inordinately so. All I can say with certainty is that the
universe beyond this solar system is forever protected / insulated. The fact
is, they never set foot on the moon; and, in light of the pervasive corruption
in and defacto bankruptcy of the nation, their perpetual wars toward making a
hell on earth militate against anything but trying to do even just a little bit
better (for a start), terrestrially. NASA wants mission to bring Martian rocks to Earth
(AP) Why? They already have that and more: Launch of secret US space ship
masks even more secret launch of new weapon The Militarization of Outer
Space: The Pentagon’s “Space Warriors” Global Research
| It’s not as if things aren’t bad enough right here on planet earth. Now the
Defense Department wants to up the stakes with new, destabilizing weapons
systems that will transform low- and high-earth orbit into another
“battlespace.” buzz aldrin wants to colonize Mars … Riiiiight
buzzed! Better check with DePalma to see if he already has the footage in the
can since you won’t be able to use the moon footage for the new boondoggle
video ... OBAMA
SPEECH OUTLINES PLANS FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH!
SOUNDS LIKE A PLAN … FOR INNER SPACE (IMAGINATION).
AMERICA FALLS
TO 5TH PLACE... GENEVA —
‘The U.S. has tumbled
further down a global ranking of the world's most competitive economies,
landing at fifth place because of its huge deficits and declining public faith
in government, a global economic group said Wednesday.
The
announcement by the World Economic Forum was the latest bad news for the Obama
administration, which has been struggling to boost the sinking U.S. economy and
lower an unemployment rate of more than 9 percent. Switzerland held onto the
top spot for the third consecutive year in the annual ranking by the
Geneva-based forum, which is best known for its exclusive meeting of luminaries
in Davos, Switzerland, each January. Singapore moved up to second place,
bumping Sweden down to third. Finland moved up to fourth place, from seventh
last year. The U.S. was in fourth place last year, after falling from No. 1 in
2008.
The rankings, which the forum has issued for more
than three decades, are based on economic data and a survey of 15,000 business executives.
The forum praised the U.S. for its productivity,
highly sophisticated and innovative companies, excellent universities
and flexible labor market. But it also cited "a number of escalating
weaknesses" such as rising government debt and declining public faith in
political leaders and corporate ethics.
The results of a survey of 142 nations comes a day
before Obama is preparing to tackle jobs issues in a speech to the U.S.
Congress, and just as U.S. polls show a clear majority of those surveyed say
they disapprove of the way Obama is handling the economy.
Switzerland held onto its top ranking, the forum
said, because of "continuing strong performance across the board"
with innovation, technological
readiness, even-handed regulation and having one of the world's most stable
economic environments.
Germany, Europe's economic powerhouse, was sixth,
followed by the Netherlands and Denmark. Japan came in ninth, and Britain was
10th. France was 18th, and Greece, saddled with debt, fell to 90th.
The report looked at broader trends: While the U.S.
slipped, emerging markets gained traction. China took 26th place, highest among
major emerging economies; Brazil was 53rd; India was 56th; and Russia was 66th.
"Fiscal imbalances that have been building up
around the world are really a danger to future competitiveness, in terms of the
ability of countries to invest in those things that will be
very important for competitiveness going forward, things like education,
infrastructure and so on," said Jennifer Blanke, an economist with the
forum.’
Gunman wounds several at Nevada restaurant
Washington Post - A man with a rifle shot a group of uniformed members of the
National Guard. Officers review evidence, including bullet holes, at the scene
of a shooting at an IHOP restaurant in Carson City, Nev. 4 dead,
including shooter, in Nev. IHOP attack CBS News Sheriff: Gunman used AK-47 in IHOP shootingThe Associated Press Shooting
at IHOP Restaurant in Nevada Kills Two National Guard Members, At ...
Fox News [ I heard
this breaking story as it came across the radio –
the soundbite was from someone being interviewed (I didn’t
catch the name or position), who said such as this incident happens in third
world countries, not here. Au contraire! Take a good look …
from Philly, to Chicago, to Detroit, to Newark, to New York, to Miami, to Los
Angeles, etc., to crime rates worldwide (u.s. is no. 1 by far), to pervasive
corruption, to pervasive fraud (gov’t
sanctioned), to meaningful lawlessness and arbitrary enforcement, to gunboat
diplomacy and perma wars, to over-printed ever-more worthless currency, to
insurmountable debt (promises to pay, unfounded liabilities) etc., …
defacto bankrupt america is a third-world country, and the biggest by far with
much further to fall …] Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog | Just different bananas perhaps? [ Of course this
is absolutely true! And not just from the meaningfully lawless perspective – I had made such a statement on the record in a LA Superior
Court Appellate Dept. proceeding in which said court literally ignored the law
(the same is true of the costly, plushly accoutered lifetime appointee federal
courts) which courts should indeed be abolished in these difficult economic /
budgetary times. Additionally, from pervasive corruption, to debased
over-printed currency, to gunboat diplomacy, to total incompetence, etc.,
america is indeed a banana republic at most.]
MSNBC Yet Again
Implies Criticism of Obama Is Racist Paul Joseph Watson | General
Electric-owned (49%) network is earning its federal bailout money. [Yet, it’s
holder / wobama who’re the racists … Robinson: King’s dream remains
unrealized (Washington Post)
[ Yeah! That ‘content of their character’ thing’s a b***ch to live up to … just
don’t measure up! What’s a white person to do, especially when black atty.
General Holder with fellow black Obama’s tacit approval is racist himself
(themselves) UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims '. Drudgereport:
'Mob' beatings at WI state fair...
'Hundreds of young black people beating white
people'... [
Typical… ]
Fairgoers 'pulled out of cars'...
'They were just going after white people'...
Heightened security...
Play It Again Sam: Dave's Daily [ As always, Dave is spot-on as an astute,
knowledgeable, seasoned veteran of the markets. ] ‘ In our little village in New Hampshire (call it
Whoville) there's a summer stock playhouse a block or so from us. They have
many good plays but no matter the production or quality, they can't top Wall
Street from delivering great performances. Thursday was another great show
starring Jobless Claims, Warren Buffet, HAL 9000s, Steve Jobs and, of course,
Da Boyz running the CRIMEX (COMEX and CME) on precious metals options
expiration.
The spin on Jobless
Claims data was prior claims were adjusted higher making recent higher claims
look not so bad especially when you add Verizon workers.
Warren Buffett
entered from stage left with a $5 billion investment in Bank of America (BAC)
giving him 6% interest tax-free (a "coddled" billionaire?) and making
he and Berkshire (BRK) a new TARP program.
The HAL 9000s
have been doing business as HFTs (High Frequency Traders) launching many buy or
sell programs using complex algorithms which can drive prices on indexes higher
or lower in dramatic fashion. One of their great acts is called "quote
stuffing". It's another illegal activity which the SEC hasn't quite
figured out. It's as futile for them as the illegal fee-driven recent
end-of-quarter price jam-job. One of these actions was featured courtesy of our
friends at Zero Hedge and
depicted below as it occurred Thursday afternoon. The first chart features the
quotes per second (NOTE: one instance exceeding 800 quotes per second). The
next chart shows the market's simultaneous reaction.
http://www.thestreet.com/tsc/daves/082511/image002.jpg
Steve Jobs
sadly is retiring from his leading role as Apple (AAPL) CEO but the stock hardly budged given the
products and brand are already well-known and his retirement was much
anticipated.
Last, but not
least certainly, was the performance of Da Boyz production of gold price
manipulation. The first bear raid occurred Tuesday as The Shanghai Gold
Exchange raised margins putting pressure on prices Wednesday in the U.S. Not so
secretly evidently, Da Boyz met in Chicago and determined to raise gold margins
after the close of trading on Wednesday--this being
done with prices already down $100. This action was obviously leaked to those
in the options pits and the impact enhanced with options expiration Thursday.
So we gapped down lower with this event no doubt triggering more stops. This
made the strike price hunt down profitable for those on the floor. Once those
cleared we rallied back and closed slightly higher on the day.
http://www.thestreet.com/tsc/daves/082511/image003.jpg
Meanwhile,
back at Wall & Broad stocks fell sharply because evidently there's some
concern Ben will do nothing in launching another round of QE from Jackson Hole.
Bond prices were higher as was the dollar while commodity prices overall were
mixed.
Volume was
higher once again on selling and breadth per the WSJ was quite negative putting
more life back into the roller coaster ride…’
Ilsa: Play it once, Sam. For old
times' sake.
Sam: I don't know what you mean, Miss Ilsa.
Ilsa: Play it, Sam. Play "As Time Goes By."
Sam: Oh, I can't remember it, Miss Ilsa. I'm a little rusty on it.
Ilsa: I'll hum it for you. Da-dy-da-dy-da-dum, da-dy-da-dee-da-dum...
Ilsa: Sing it, Sam.
The line is usually associated with Humphrey Bogart
and later in the film his character Rick Blaine has a similar exchange,
although his line is simply 'Play it':
Rick: You know what I want to hear.
Sam: No, I don't.
Rick: You played it for her, you can play it for me!
Sam: Well, I don't think I can remember...
Rick: If she can stand it, I can! Play it! ‘
Facebook "Places"
List Signals Decline of Western Civilization at Minyanville
Justin Rohrlich
‘Okay, it's official: the United States is pathetic … From Mashable comes
the first set of Facebook-supplied data regarding where their users
"check in"...and it ain't pretty:
1.
Starbucks
2. Buffalo Wild Wings
3. Chili’s
4. Applebee’s
5. McDonald’s
6. IHOP
7. Denny’s
8. Olive Garden
9. T.G.I. Friday’s
10. The Cheesecake Factory
Yep, that's where we stand these days -- of the 157 million Facebook users in
the United States, these are the ten locations they frequent most. Not the
restaurants they frequent most. The PLACES they frequent most. If that doesn't
signal America's imminent decline, maybe the Pennsylvania middle school
principal who is bringing his sheep to work
because lawnmowers are breaking the budget, will. Just askin'. ‘
Buchanan: The
view from Martha's Vineyard... Patrick J. Buchanan ‘As he and his daughters
bicycle around the summer playground of the Northeastern elite, Martha's
Vineyard, President Obama is steadily bleeding away both the support of the
nation and that of his most loyal constituency. Several times, his approval
rating in Gallup's daily tracking poll has sunk to 39 percent, with disapproval
reaching 54 percent. Support for his handling of the economy
has dipped to the mid-20s. Only 11 percent of Americans, says Gallup, are
satisfied with the way things are going. Unemployment
remains at 9 percent, as it has for two years. The Dow has lately lost 2,000
points, or $3 trillion in wealth wiped out. All that money the Fed pumped out
is now being reflected not only in the price of gold, silver and Swiss francs,
but in rising consumer prices – inflation. One in five U.S. children is living in
poverty.
Middle
America, some time ago, decided the "hopey, changey thing" was not
working out for them. Now the patience of African-Americans with a president
for whom they voted 24 to one is wearing thin.
At a Black
Caucus confab in Detroit, Rep. Maxine Waters told an angry audience that if and
when Black America demands that they confront Obama, the caucus is ready
"to have the conversation."
A collision
between Obama and his base seems inevitable. For Black America's situation,
though tough today, seems certain to get tougher. Why?
First, black
Americans held a significant share of the subprime mortgages that went sour
when housing prices went south, and are thus overrepresented among those who
lost homes.
Second, black
Americans, with a higher rate of poverty, depend more on the entitlement and
social programs that Obama cannot avoid hoisting onto the chopping block in any
"balanced" plan for dealing with the deficit-debt crisis.
Third,
African-Americans are overrepresented among the 22 million who work for local,
state and federal governments. And while government workers came out best in
terms of job security and salary
hikes in the stimulus days of 2009 and 2010, in the austerity days of 2011,
they are getting their fair share of pink slips. It is almost a truism:
Whenever Middle America goes into recession, Black America flirts with
depression.
Consider the
U.S. Postal Service, with 600,000 employees, running a deficit of $8.5 billion
and facing layoffs of 120,000. According to William Burrus, ex-president of the
Postal Workers Union, 21 percent of all postal employees are black. When the
cuts come, minorities will take a big hit.
That
African-Americans favor a powerful federal government is understandable. After
all, it was the federal government that crushed the Confederacy, freed the
slaves, sent troops to integrate the South, enacted the civil rights laws,
imposed affirmative action on companies and colleges, and created the Great
Society that provided trillions in wealth transfers and welfare benefits
and employs a share of the black population that is nearly twice its
representation in the labor force.
That
African-Americans would see states' rights conservatives and small-government
Republicans as hostile to the one powerful institution most friendly to them
should come as a no surprise.
Here we come
to Barack's dilemma.
The nation he
leads is facing a deficit-debt crisis that comes of an inescapable truth:
Whether we are talking about commitments to go to war to defend scores of
nations or commitments to entitlement and Great Society programs such as Social
Security, Medicare, Medicaid,
earned income tax credits, food stamps and Pell grants, we Americans have
handed out promissory notes we no longer have the means to meet.
We can no
longer deliver what we have promised.
We are running
deficits of 10 percent of gross domestic product with a national debt over 100
percent. We are on the path that Italy is following, which is the path that
Greece pursued.
We are an
overextended empire and commonwealth facing strategic and fiscal bankruptcy. If
Obama is to lead the nation out of the crisis it confronts, he has to preside
over a downsizing of the welfare-warfare state – the same state that
sustains his base.
Not to worry,
we are told. When the lazy days of summer are over, Obama will present Congress
with his big plan for resurrecting the economy and ensuring the long-term
solvency of the nation.
Obama's
September program – indeed, any credible plan to revive the economy and
bring our books
into balance –
has to include a rollback of U.S. commitments at home and abroad.
Yet,
domestically, this cannot be done without reducing future Social Security, Medicare and
Medicaid benefits, and cutting and capping the social
programs of the Great Society. Moreover, half the nation cannot freeload
forever, as is the case today, contributing nary a dime in federal income taxes.
And such
reforms must adversely impact most Obama's political and personal base.
If he proposes
new taxes, tea-party
Republicans fix bayonets.
If he proposes
downsizing the government and cutting and capping social programs, his most
loyal constituents rise up against him.
Enjoy
the Vineyard, Mr. President. Read more: The view from
Martha's Vineyard http://www.wnd.com/index.php?fa=PAGE.view&pageId=335265#ixzz1VQWOeKDx
‘
Putin sets sights on Eurasian
economic union FT | Putin hopes to build a
“quasi-European Union” out of former Soviet states.
Drudgereport: BLACK CAUCUS ON OBAMA: 'WE'RE GETTING
TIRED' [ Not as tired of wobama’s b***s*** / excuses as the ‘White
Caucus’ and any other Caucus – but, don’t be taken in by their b***s***;
they’ll ‘back the black’ every time, regardless! ]New low of 26% approve of Obama on
economy...
Inflation builds...
FOOD PRICES RISING...
UNEMPLOYMENT UP...
OBAMA TO LAY OUT JOBS PLAN -- AFTER VACATION...
'Takes More Vacations Than Any Human Being I've Ever
Seen'...
Commiserates with jobless, then off to the
Vineyard...
Even
that italian, belafonte, isn’t buying ‘wobama brand(ed)’:
Drudgereport: HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
http://www.angelfire.com/indie/pearly/htmls/bush-carlyle.html Investment giant says it will likely sell
shares. Defense Secretary Robert M. Gates tours eastern Afghanistan, days
before the Obama administration is scheduled to complete a major review of its
war strategy. ]
The following is my
comment to an LA Times article regarding a Justice Department cover-up! As for
your inquiry, all I think about day and night is a long overdue resolution to
the RICO litigation as set forth therein:
I believe him!
Here’s some real, complicit
cover-up / fraud on the part of the federal government, et als:
October 15, 2010 (*see
infra {ultimately delivered by UPS})
Steven M. Martinez,
Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document in 5 pages
under penalty of perjury I was asked to forward to the FBI office in New Haven
is probably the best and most concise summary of the case RICO Summary to
FBI Under Penalty of Perjury at Their Request (5
pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm
. With regard to the calls to the FBI’s LA and New Haven, CT
offices: There was one call to the LA office and I was referred to the Long
Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I
gave probative evidentiary documents of the money laundering which he confirmed
as indicative of same (he was transferred from said office within approximately
a month of said meeting and his location was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in touch
for in excess of a decade until he abruptly retired (our last conversation
prior to his retirement related to the case and parenthetically, Rudy Giuliani
whose father I stated had been an enforcer for the mob to which he registered
disbelief and requested I prove it, which I did – he served 12 years in
prison, aggravated assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction to the
statement in said correspondence, there is a plethora of information including
evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
There is applicable insurance / surety coverage and
neither LA, nor creditors, nor I should continue to have been damaged by this
brazened corrupt and illegal scenario, which should be resolved in accordance
with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are
unresolved problems with the line, computer connection may be the reason but I
hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can
reasonably be presumed to have been tampered with, and hence, a violation of
the federal statute concerning same. (Ultimately delivered by UPS) ]
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Sincerely and Regards,
Al Peia
In euro crisis, signs of
German fatigue Politics keep
the chancellor from putting full weight of Europe’s largest economy behind a
solution (Washington Post) [ Yeah … ‘square pegs in round holes’ is definitely
not Germany’s style. European economies brace as
Germany slows Discouraging news about the pace of growth came just
hours before German and French leaders called for new steps to impose
discipline on governments whose lax budget practices prompted the debt crisis.
(Washington Post) [ First, let’s call this economic scenario what it is; viz.,
the ‘d’ word … ‘depression’. For those who find that term unutterable, then
‘double-dip recession’ is the term for you. All the dollar debasement
(over-printing, etc.) for the benefit of the frauds on wall street et als to
the substantial detriment of everyone else can’t change and has exacerbated and
obfuscated this fact. Moreover, there has been a manipulated churn-and-earn
high-frequency trading bubble-bull cycle in what is unmistakably a secular bear
market. Famed
economist predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 Europe’s crisis and the
psychology of fear (Washington Post) [ Given the reality and magnitude of Europe’s
problems going forward, dwarfed only by the magnitude of those of pervasively
corrupt, defacto bankrupt america, it brings to mind the words of the former
Intel CEO (co-founder) Andy Grove ‘ Only the paranoid survive’ (of course,
having survived the Nazis and escaped Communist-controlled Hungary in Europe,
as a jew, one has to assume his perspective / outlook was somewhat ‘skewed’
thereby). Yet, let’s not kid ourselves to the point where virtual survival is
threatened and at stake as is so for the EU. America isn’t alone in the
downgrade spiral (WP)
Indeed, the EU has followed the contra-indicated perma war, evermore worthless
Weimar currency, and a predispositon / tacit acceptance of paper securities
schemes / scams / frauds which are integral to america’s ongoing, albeit
obfuscated, debacle / crisis which given the unfunded debt load pegged at $211
Trillion among other estimates, is insurmountable and will end quite
badly. Poll: Sharp dissatisfaction
with D.C. The public doubts the government can fix the nation’s
economic problems, Post poll shows. An unlikely landlord: Uncle
Sam (WP) [ No surprise there
(the doubts)! Uncle Scam as landlord?
Sounds like a typical scam / fiasco / debacle in the making! Add limey
(brits)-looking (green) frogs (french) to the mix(ed up) in the pervasively
corrupt defacto bankrupt disunited states
Italy unveils plan to calm
fears of escalating crisis (WP) [ Yeah, dem piigs were back in the news. ’ Dem PIIGS still got problems. Europe’s debt crisis threatens
Italy (WP) [ Yeah, dem’ darn PIIGS.
Reminds me of that joke (I won’t repeat it here except the punch line):
‘That’s black bart’s girl’. Pelosi: ‘We are not Greece’ ( but greecy Italy Italians voice concern
over Italian debt crisis scenario [ Whew! Close call! There you go. Nothing to
worry about now that wobama’s got a boehner … so not to be so hard on them; if
pelosi says it, it must be true … Not! …Pervasively corrupt, defacto bankrupt
america, they, she look pretty greecey to me. After all, if the same’s wobama’s
‘far-reaching plan on debt’, we all know ‘wobama the b’ (for b***s***) is total
b***s*** which means like Greecey PIIGS they’ll be back to the trough for more
… slop … py. Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is insolvent and has been so for a long
time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s
Bill Gross told CNBC Monday.
Maierhofer: ‘USA INCOME STATEMENT:Total
federal spending in 2010 amounted to $3.456 trillion. Total receipts added up
to $2.162 trillion. USA Inc.'s 2010 deficit was $1.294 trillion.The 2011
federal budget is $3.7 trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for
unfunded obligations vary. Mary Meeker pegs the shortfall at $31 trillion,
PIMCO's Bill Gross estimates the unreported debt to be $75 trillion, while
other estimates exceed $100 trillion (these amounts are insurmountable) …’ Famed economist
predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 Watch for fake gov’t data / reports owing
to political desperation! Why You Shouldn't Buy Into
This Plunge Forbes/O'Neil‘The market is building momentum
to the downside’. Wall Street closes worst week since '08 with wild day NEW YORK (Reuters) S&P on U.S. downgrade:
Debt pact 'falls short' - Reuters S&P downgrades US credit rating from AAA S&P Shocks the U.S. with Credit
Downgrade to AA+ from Prestigious AAA Rating Wall St. Cheat Sheet What Recovery? Forbes ‘…we can’t call this a recovery. There’s no
reason to celebrate when a job report was better than expected. Why? Because
the expectation was abysmal to begin with. And while we’re at it, we can’t
ignore increasing sovereign debt problems in Europe…’ ‘Top 3 Reasons Markets Erased
the Year’s Gains Wall St. Cheat Sheet 1) Japan and Europe 2) Unemployment.3)
Capital goods - billions of dollars in lost revenue. 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 that warns of phase II of the global crisis… My work
shows that “the new recession has started.”… Over the past 33 years, we have
called the start of every recession, often on the exact month, or within one
month, of the official start as determined one year later by the official
arbiter of recession, the National Bureau of Economic Research (NBER)… However,
inflation is far understated for political reasons. 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, according
to free market economists who calculate inflation as it was done in 1980 before
the politician re-engineered it, is now more than 11%. Using that to adjust GDP
for inflation, would show that the economy is now in a very sharp
contraction…’FLASHBACK HERE: Selling In May Is Very Good
Advice This Year Harding Remember: Sell
in May and Go Away and If You’ve Not Sold by June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ [ He’s not alone! PRECHTER: We're Still In A
Massive Bear Market And Stocks Will Crash To New Lows Stock Market: 4 Current
Warning Signs Navin ‘…1) The 5-year high
in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher.
Will: Is Britain a lost ally? (Washington Post) [ How ‘bout just lost!
And, while on the subject of lost, pervasively corrupt, defacto bankrupt america
should tell the so-called (self-interested to america’s detriment) ‘ally’
israel to get lost!
David Starkey On
UK Riots: ‘Whites Have Become Black’ You Tube | “A particular sort of violent destructive, nihilistic
gangster culture has become the fashion.” [ Britain burns the colour
of 'A
Clockwork Orange' Financial Times [ Truly a great film by any
cinematic standard by Stanley Kubrick based on the book of the same name by
Anthony Burgess, ‘A Clockwork Orange takes place in a futuristic city governed by a
repressive, totalitarian super-State. In this society, ordinary citizens have
fallen into a passive stupor of complacency, blind to the insidious growth of a
rampant, violent youth culture. The protagonist of the story is Alex, a
fifteen-year-old boy who narrates in a teenage slang called nadsat,
which incorporates elements of Russian and Cockney English. Alex leads a small
gang of teenage criminals—Dim, Pete, and Georgie—through the streets,
robbing and beating men and raping women. Alex and his friends spend the rest
of their time at the Korova Milkbar, an establishment that serves milk laced
with drugs, and a bar called the Duke of New York… http://www.sparknotes.com/lit/clockworkorange/summary.html http://en.wikipedia.org/wiki/A_Clockwork_Orange_%28film%29 ‘A Clockwork Orange is a 1971 British darkly satirical science fiction film adaptation of Anthony Burgess's
1962 novel of the same name. This cinematic adaptation was
produced, directed, and written by Stanley Kubrick. It
features disturbing, violent images, to facilitate social commentary about
psychiatry, youth gangs, and other contemporary social, political, and economic
subjects in a dystopian, future
Britain.Alex (Malcolm
McDowell), the main character is a charismatic, psychopathic
delinquent whose pleasures are classical music (especially Beethoven), rape, and so-called 'ultra-violence'. He leads a
small gang of thugs (Pete, Georgie, and Dim), whom he calls his droogs
(from the Russian друг, "friend", "buddy"). The film
tells the horrific crime spree of his gang, his capture, and attempted
rehabilitation via a controversial psychological conditioning technique. Alex
narrates most of the film in Nadsat,
a fractured, contemporary adolescent slang comprising Slavic (especially
Russian), English, and Cockney rhyming slang.A Clockwork Orange features a
soundtrack comprising mostly classical music selections and Moog synthesizer
compositions by Walter
Carlos. The now-iconic poster of A Clockwork Orange, and its
images, were created by designer Bill Gold. The film
also holds the Guinness World Record for being the first film in media
history to use the Dolby Sound system ‘ ]
Meyer: Why aren’t Americans rioting? (Washington Post) [ It really is quite surprising inasmuch as they’re getting quite a royal screwin’ from the so-called ‘powers that be’. There might be a tinge of masochism coupled with a
feeling of punishment-deserved remorse in light of the overridingly inherent
criminal nature of americans generally, propelling them to wrongful acts for
which they should be sorry, based upon my own experience and direct
observation. That said, I’d also say ‘give them time’, the worst is yet to come.
Moreover, we’re already seeing it, and not just
in britain, greece, italy, etc., but here in the pervasively corrupt, defacto
bankrupt disunited states of america; viz., detroit, chicago, philadelphia,
etc., with predictions consistent with the reality of much worse to come. Europe’s crisis and the psychology of
fear (Washington Post) [
Given the reality and magnitude of Europe’s problems going forward, dwarfed only by the
magnitude of those of pervasively corrupt, defacto bankrupt america, it brings
to mind the words of the former Intel CEO (co-founder) Andy Grove ‘ Only the paranoid
survive’
(of course, having survived the Nazis and escaped Communist-controlled Hungary
in Europe, as a jew, one has to assume his perspective / outlook was somewhat ‘skewed’ thereby). Yet, let’s not kid ourselves to
the point where virtual survival is threatened and at stake as is so for the
EU. America isn’t alone in the downgrade
spiral (WP) Indeed, the EU
has followed the contra-indicated perma war, evermore worthless Weimar
currency, and a predispositon / tacit acceptance of paper securities schemes /
scams / frauds which are integral to america’s ongoing, albeit
obfuscated, debacle / crisis which given the unfunded debt load pegged at $211
Trillion among other estimates, is insurmountable and will end quite
badly. Poll: Sharp dissatisfaction
with D.C. The public doubts the government can fix the nation’s economic problems, Post
poll shows. An unlikely landlord: Uncle Sam (WP) [ No surprise there (the doubts)! Uncle Scam as landlord? Sounds like a
typical scam / fiasco / debacle in the making! Add limey (brits)-looking
(green) frogs (french) to the mix(ed up) in the pervasively corrupt defacto
bankrupt disunited states Italy unveils plan to calm
fears of escalating crisis (WP) [ Yeah, dem piigs were back in the news. ’
Dem PIIGS still got
problems. Europe’s debt crisis threatens Italy
(WP) [ Yeah, dem’ darn PIIGS.
Reminds me of that joke (I won’t repeat it here except the punch line): ‘That’s black bart’s girl’. Pelosi: ‘We are not Greece’ ( but greecy Italy Italians voice concern
over Italian debt crisis scenario [ Whew! Close call! There you go. Nothing to
worry about now that wobama’s got a boehner … so not to be so hard on them; if pelosi says it, it
must be true …
Not! …Pervasively
corrupt, defacto bankrupt america, they, she look pretty greecey to me. After
all, if the same’s wobama’s ‘far-reaching plan on debt’, we all know ‘wobama the b’ (for b***s***) is total
b***s*** which means like Greecey PIIGS they’ll be back to the trough
for more …
slop …
py. Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is insolvent and has been so for a long
time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s Bill Gross told CNBC Monday. Maierhofer: ‘USA INCOME STATEMENT:Total federal spending in 2010
amounted to $3.456 trillion. Total receipts added up to $2.162 trillion. USA
Inc.'s 2010 deficit was $1.294 trillion.The 2011 federal budget is $3.7
trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for unfunded
obligations vary. Mary Meeker pegs the shortfall at $31 trillion, PIMCO's Bill
Gross estimates the unreported debt to be $75 trillion, while other estimates
exceed $100 trillion (these amounts are insurmountable) …’ Famed
economist predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 Watch for
fake gov’t
data / reports owing to political desperation!
Will: Kennedy’s Berlin blunder
(Washington Post) [ Oh come
on Mr. Will! I’d say Kennedy’s blunder
was, as Caesar and the ides of March, not heeding warnings concerning that
Dallas ride. A bit of a reach though factually accurate are the implications,
consequences of those highlights which in terms of results were foreseen years
before by ‘Warrior-General Patton’. Indeed, for the rising military industrial
complex, one way or another, conflict whether hot or cold, requiring
substantial defense spending was fait accomplis. I’m disappointed to hear of
Kennedy’s unfounded criticism of the last great leader / president, the
substantially underrated but great President General Eisenhower which I would
attribute to Kennedy’s own insecurity regarding such matters and possibly in
psychiatric terms, a form of displacement. Krauthammer: Our political
system is working well (Washington Post) [ Wow! There was a time back in the late
sixties, early seventies when there were these long-haired people chastised by
the so-called ‘establishment’ that would have just loved to be doin’ whatever
it is that Mr. Krauthammer’s been doing to arrive at such a conclusion, so
glaringly devoid of any reality whatsoever. Psychedelics, hallucinogens, magic
mushrooms; what could it be that has brought Mr. Krauthammer into this fantasy
world where even ‘Alice’ of Wonderland fame might feel comfortable in this
netherland (sic) / netherworld created from the depths of Mr. Krauthammer’s
imagination. I’m truly at a loss for words. After all, the warning by the
underrated but great President General Eisenhower of the impending inherent
danger of the military industrial complex came to fruition with the
assassination of JFK and the reality of a coup d’etat thereby. All presidents,
along with the two remaining branches of the pervasively corrupt, defacto
bankrupt american government since have been at best stooges for such as the
military industrial complex, the banksters / frauds on wall street, etc., to
the substantial detriment of the vast majority in this country and throughout
the world (ie., perma wars, huge securities frauds still extant / now marked to
anything as per congressional FASB rule change, and unprosecuted. Beyond the
immediate reach, or at least ‘penetration’ of american propaganda, an
intelligent and astute individual, Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog
| Just different bananas perhaps? { Of course this is absolutely true! And not
just from the meaningfully lawless perspective – I had made such a statement on
the record in a LA Superior Court Appellate Dept. proceeding in which said
court literally ignored the law (the same is true of the costly, plushly
accoutered lifetime appointee federal courts) which courts should indeed be
abolished in these difficult economic / budgetary times. Additionally, from
pervasive corruption, to debased over-printed currency, to gunboat diplomacy,
to total incompetence, etc., america is indeed a banana republic at most.
} I didn’t see the debates {what does
it matter what they say – the egregious ‘wobama the b’ (for b***s***) fatigue
factor / experience} nor have I read Mr. Robinson’s article, ‘GOP Debate Land’
but I’m sure I’d agree with his conclusion,
‘I didn’t recognize the America the GOP candidates described;’ but
unfortunately, I do recognize the pervasively corrupt, defacto bankrupt america
of ‘wobama the b’ (for b***s***), failed president like his predecessor, moron
war criminal dumbya bush, that he is. The powerless president Obama remains indecisive, and ignored, as
larger forces bring down the country. Robinson: S&P downgrades
the GOP (WP) [ Riiiiight!
It’s everything but ‘wobama the b’ (for b***s***) that’s to blame for the
nation’s meltdown according to wobama aficionados / intractable wobama
apologists, Messieurs Milbank and Robinson. Sweet Mr. Milbank even points to
wobama’s personal character flaws (among many unmentioned) to exculpate the
failed president wobama. Wobama’s failed miserably and yet had the easiest act
in the world to follow in the persona of fellow failed president war criminal
dumbya bush whose failed policies up to the real start of the election cycle
he’s largely followed. After all, Mr. Robinson, how different really are the
parties these days when profligate spending on illegal, unnecessary wars was
continued when democrats controlled congress, and then even the executive
office when continuing failed president and war criminal dumbya bush’s nation
bankrupting, nation destroying war policies, protection for unprecedentedly
huge wall street frauds, bush tax cut extensions for the wealthy, and then some
(spending on top of it).
Drudgereport:
HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
Most
importantly, realize that if wobama’s actions had not belied his words/campaign
promises, the nation’s position, though still ominous, would have been
substantially improved.
Poll: Sharp dissatisfaction
with D.C. The public doubts the government can fix the nation’s
economic problems, Post poll shows. An unlikely landlord: Uncle
Sam (Washington Post) [ No
surprise there (the doubts)! Uncle as
landlord? Sounds like a typical scam / fiasco / debacle in the making! Add
limey (brits)-looking (green) frogs (french) to the mix(ed up) in the
pervasively corrupt defacto bankrupt disunited states Italy unveils plan to calm
fears of escalating crisis (Washington Post) [ Yeah, dem piigs were back in the news. ’ Dem PIIGS still got problems. Europe’s debt crisis threatens
Italy (WP) [ Yeah, dem’ darn PIIGS.
Reminds me of that joke (I won’t repeat it here except the punch line):
‘That’s black bart’s girl’. Pelosi: ‘We are not Greece’ ( but greecy Italy Italians voice concern
over Italian debt crisis scenario [ Whew! Close call! There you go. Nothing to
worry about now that wobama’s got a boehner … so not to be so hard on them; if
pelosi says it, it must be true … Not! …Pervasively corrupt, defacto bankrupt
america, they, she look pretty greecey to me. After all, if the same’s wobama’s
‘far-reaching plan on debt’, we all know ‘wobama the b’ (for b***s***) is total
b***s*** which means like Greecey PIIGS they’ll be back to the trough for more
… slop … py. Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is insolvent and has been so for a long
time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s
Bill Gross told CNBC Monday.
Maierhofer: ‘USA INCOME STATEMENT:Total
federal spending in 2010 amounted to $3.456 trillion. Total receipts added up
to $2.162 trillion. USA Inc.'s 2010 deficit was $1.294 trillion.The 2011
federal budget is $3.7 trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for
unfunded obligations vary. Mary Meeker pegs the shortfall at $31 trillion,
PIMCO's Bill Gross estimates the unreported debt to be $75 trillion, while
other estimates exceed $100 trillion (these amounts are insurmountable) …’ Famed economist
predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 Watch for fake gov’t data / reports owing
to political desperation! Why You Shouldn't Buy Into
This Plunge Forbes/O'Neil‘The market is building momentum
to the downside’. Wall Street closes worst week since '08 with wild day NEW YORK (Reuters) S&P on U.S. downgrade:
Debt pact 'falls short' - Reuters S&P downgrades US credit rating from AAA S&P Shocks the U.S. with Credit
Downgrade to AA+ from Prestigious AAA Rating Wall St. Cheat Sheet What Recovery? Forbes ‘…we can’t call this a recovery. There’s no
reason to celebrate when a job report was better than expected. Why? Because
the expectation was abysmal to begin with. And while we’re at it, we can’t
ignore increasing sovereign debt problems in Europe…’ ‘Top 3 Reasons Markets Erased
the Year’s Gains Wall St. Cheat Sheet 1) Japan and Europe 2) Unemployment.3)
Capital goods - billions of dollars in lost revenue. 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 that warns of phase II of the global crisis… My work
shows that “the new recession has started.”… Over the past 33 years, we have
called the start of every recession, often on the exact month, or within one
month, of the official start as determined one year later by the official
arbiter of recession, the National Bureau of Economic Research (NBER)… However,
inflation is far understated for political reasons. 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, according
to free market economists who calculate inflation as it was done in 1980 before
the politician re-engineered it, is now more than 11%. Using that to adjust GDP
for inflation, would show that the economy is now in a very sharp
contraction…’FLASHBACK HERE: Selling In May Is Very Good
Advice This Year Harding Remember: Sell
in May and Go Away and If You’ve Not Sold by June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ [ He’s not alone! PRECHTER: We're Still In A
Massive Bear Market And Stocks Will Crash To New Lows Stock Market: 4 Current
Warning Signs Navin ‘…1) The 5-year high
in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher.
Is Obama’s fate written in
numbers? Recent economic data amounts to a formidable headwind for
any incumbent president hoping for a second term. And Democrats worry time is
running out. (Washington Post) [ Let’s just say the fate of ‘wobama the b’ (for
b***s***) is written, period. Quite simply, he’s done! Here’s a picture of
obama voters / backers: http://www.albertpeia.com/wobamavoters.gif . ‘Don’t cry for him new argentina, the
truth is he really screwed you’ … well you know that familiar theme and can ad
lib, insert your own words!
It’s still Obama’s party
Why he won’t face a primary challenge: Republicans and racial politics.
(Washington Post) [ It’s true … so
right you are! Al Gore’s even pitchin’ in by donating the talents of his long
lost secret love child, ‘Leslie Gore’ to pen and sing a song in wobama’s honor
(kidding) which goes something like this , ‘It’s his party and he’ll cry if he
wants to, cry if he wants to, cry if he wants to, you would cry too, if obama
happened to you … Well, there you go … if the song says it it
must be true. Yeah! And those dern republicans and their racial politics … UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims' – Time to get whitey, at last, at last, etc., say
holder / wobama who go on to say ‘and they ain’t talking about Whitey Bulger,
the mobster, either!’
MI6 produced bogus Iraq war
evidence under pressure from Downing Street Daily Mail | Iraq had long been a backwater for MI6.
NATO Massacres of Civilians
Aimed at “Cleansing” the Libyan People’s Resistance Mahdi Darius
Nazemroaya | Photographic
evidence of NATO war crimes.
NATO urged to investigate
civilian deaths during Libya air strikes Amnesty
International | Amnesty
International wrote to the NATO Secretary General asking for clarification on
incidents in which unarmed civilians were reportedly killed.
Democrats want a bolder Obama
The president’s allies are getting nervous about what they see as the lack of a
coherent strategy. (Washington Post) [ Well, tell it to the teleprompter.
Without a head per se, at least no one could say as with ‘wobama the b’ (for
b***s***) that the teleprompter was in over its head. Bolder b***s*** is still
b***s***! ]
Gallup: Disapproval of Obama
Ties All-Time High CNS News | American’s approval
of President tied its all-time low of 42 percent.
Bristol
Palin Interview Accidentally Reveals Mother's 15 Abortions
WASILLA,
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.
Taliban who downed U.S. copter
killed U.S. officials say Taliban fighters who shot down a
helicopter with 30 U.S. troops were killed in airstrikes (Washington Post) [ Oh
come on! The Taliban don’t even know who among them downed the u.s. killer
copter! Great propaganda, ‘u.s. gi’s always get their man’. Doesn’t anyone get
tired of their endless b***s*** in their end run to the end? After all, the
nation is defacto bankrupt in large part as a direct consequence of these
‘military-industrio-inferiority-complex’ follies / welfare warfare programs.
Then there’s the cocomitant typical skullduggery which includes inter alia:
Same ritual, a changed
president This time, President Obama traveled to Dover Air Force
Base to greet the remains of Americans he had ordered to Afghanistan himself. Some victims of crash are
identified (Washington Post)
[ Changed? I think we could all agree that despite campaign promises to the
contrary, nothing’s changed; except, pervasively corrupt defacto bankrupt
america is more hopelessly bankrupt and the dismal economic picture has become
more dour.
FLASHBACK:
Eyewitness to OBL Raid Saw Helicopter Explode (TRANSCRIPT) [ As
indicated on this albertpeia.com website, I didn’t buy the administration’s
desperate and politically opportunist Osama event and still don’t buy it; and
further, I believe this! ]Veterans Today | TRANSCRIPT of
critical interview with Pakistani eyewitness to Bin Laden raid. Is this the key
to SEAL Team 6′s demise?
“Bin Laden”
Heroes Probably Murderered to Keep Them Quiet Gordon Duff
Veterans
Today August 7, 2011 | Some Possibly Killed in Abbottabad Helicopter
Crash Months Before. [ As indicated on this albertpeia.com website, I didn’t
buy the administration’s desperate and politically opportunist Osama event and
still don’t buy it; and further, I believe this! ] Today 31 NATO troops, 20 of
them Navy Seals from the Osama bin Laden operation died in what is reported as
a helicopter crash in Afghanistan.
‘The chance of this story being true is almost nil.
The chances of this being a staged coverup is over 80%. We believe these people
were murdered to silence them. This is why.
We have solid
information on two areas:
This gave the US several areas of severe
vulnerability. Generally, Navy Seals are the best people in the world at
keeping their mouths shut, these are real team players, as the term “Seal Team” belies.
Petraeus is a possible presidential contender and had
to be denied this “gift from heaven,” a fast track to the oval
office for sure.
Again, I
remind you, I went over specific meetings on bin Laden with his handlers,
getting every last detail. I have watched what has gone on, the continuing need
to vilify a long dead top CIA operative to provide residual cover for the Bush
administration…
The reason?
Bush and his cronies are all facing charges of war crimes, not just in minor
jurisdictions but heading for the ICC, putting them on the dock with Gaddafi (
a far less harmful character).
As for the
timing of this incident? This we will work on. What we can easily surmise is
that some of the dead have been dead since their bodies were taken away from
the helicopter crash site in Abbotabad.
Who would
order such a thing? We are going to have to wait but we are going to find out.
However, we expected this, the timing is exactly as predicted. Read full
article ‘
Tea Party hypocrisy
Fueled by populist anger, but hijacked by plutocrats. (Washington Post) [ Ah, sweet
Mr. Milbank. His love for wobama knows no bounds. Yet, given the choice between
hypocrisy and inveterate lying, assuming arguendo, Mr. Milbank’s premise to be
true (doubtful and I think most would say no), most would take hypocrisy any
day. By now, most have realized that at best wobama’s a b***s*** artist, and at
worst, an incorrigible liar; certainly as measured by his campaign promises
that got him elected, belied by his actions. If Mr. Milbank had only said the
nation’s been hijacked by plutocrats to whom wobama’s paid homage, I’d
certainly agree in part. After all, there has been and continues a huge wealth
transfer at the expense and to the detriment of the middle class, to the
substantial benefit of the ‘plutocrats’ who in america are of that small
percentile criminal class for whom everyone else must (and must be)
sacrifice(d), ie., the wall street frauds, military industrial complex,
government contractors, etc.. And, yet another casualty … if wobama’s
peace-prize is not revoked, then that ignoble nobel thing should be disbanded
for lack of credibility and moral compass.
Deal fails to soothe foreign
critics (Washington Post) {
Let’s not kid outselves! I consider Russia a rational, great nation (their
painful, yet peaceful transition from their mistake is a testament to their
greatness as a people / nation and Gorbachev particularly – China’s recent
success is as far from communism as can be imagined) and have high regard for
Putin though lamenting his youthful, albeit inherited indiscretion (kind of
like that Tiger hunt which he’s now wisely disavowed) in dabbling in the failed
system of communism (the great lie where everybody’s equal except some are more
equal than others, ie., party members, bureaucrats, etc., kind of like america
today with the addition of the plutocratic wealthy thieves, criminals, frauds,
etc.). That said, most of these so-called ‘foreign critics’ fall predominantly
into either of two categories; viz., ‘pots calling the kettle black’, or
‘enablers’. Putin Calls U.S. a “Parasite,”
Demands New Reserve Currency Activist Post The powerless president Obama remains indecisive, and ignored, as
larger forces bring down the country. Robinson: S&P downgrades
the GOP (Washington Post) [
Riiiiight! It’s everything but ‘wobama the b’ (for b***s***) that’s to blame
for the nation’s meltdown according to wobama aficionados / intractable wobama
apologists, Messieurs Milbank and Robinson. Sweet Mr. Milbank even points to
wobama’s personal character flaws (among many unmentioned) to exculpate the
failed president wobama. Wobama’s failed miserably and yet had the easiest act
in the world to follow in the persona of fellow failed president war criminal
dumbya bush whose failed policies up to the real start of the election cycle
he’s largely followed. After all, Mr. Robinson, how different really are the
parties these days when profligate spending on illegal, unnecessary wars was
continued when democrats controlled congress, and then even the executive
office when continuing failed president and war criminal dumbya bush’s nation
bankrupting, nation destroying war policies, protection for unprecedentedly
huge wall street frauds, bush tax cut extensions for the wealthy, and then some
(spending on top of it). Drudgereport: HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
Most
importantly, realize that if wobama’s actions had not belied his words/campaign
promises, the nation’s position, though still ominous, would have been
substantially improved.
White House turns attention to
blacks Focus comes amid a growing concern that economic conditions
might hamper black voter turnout. (Washington Post) [ As if we couldn’t see
that coming. Yet, the ‘make-work, make-shift’ jobs already extant in the
federal, state, local ‘public service’ sectors along with the otherwise
unemployable at, ie., the u.s. postal service, etc., are uneconomic and overly
costly (Drudgereport: Obama Economists Admit: 'Stimulus' Cost $278,000 per
Job... ) at best
and downright wasteful at worst, the latter being the most prevalent scenario.
Moreover, despite the rhetoric, blacks will always ‘back the black’. No
criteria. No analysis. ‘Back the black’ their despoiling cry. I think wobama
and holder are probably more concerned with making sure the ‘black panthers’
are in full force at the polls to intimidate white voters, which racism they’ve
given ‘carte blanche’, protection from prosecution … UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims '. With wobama et als, the jive-talking b***s***
never ends! N.Y. bumped from foreclosure
panel Iowa’s attorney general says N.Y. official “actively worked to
undermine” group’s efforts in foreclosure negotiation with banks. (Washington
Post) [ Yeah! No surprise here! Yet new jersey’s ‘representative’ would have
been equally disingenuous in corruptly carry out his / her duties, so
‘doody-full’ are they, from there! “It doesn’t make sense that an agency
responsible for investigations would want to get rid of potential evidence…’ [
Oh but it does make sense Sen. Grassley:
Report: SEC lawyer exposed FBI
informant (WP) [ Clearly, the sec liar (sic – lawyer) is one of
those typically with a ‘pre or post’ arrangement, whether implicit or explicit;
you know, that ubiquitous ‘bribe thing’ in pervasively corrupt, defacto
bankrupt, fallen america. Indeed, the
scenario typifies that national drain / sinkhole new york (new york / new
jersey metro) where, for example, FBI informants were routinely exposed by
‘italians’ in the new york d.a.’s office over the objection of the FBI, and
were promptly ‘dispatched’/assassinated / hit by mafia / organized crime [ this
was documented with authority in the book ‘Goombata: The Improbable Rise and
Fall of John Gotti and His Gang’ Cummings /
Volkman ] Details of Obama’s jobs plan
emerge (Washington Post) [
Oh come on! Too little, too late for ‘wobama the b’ (for b***s***), the
eternal campaign(er) … he’s got a ‘good rap’ … that rapper ‘wobama the b’ (for
b***s***). Really! He’s a total
embarrassment out there on the campaign trail; and just as much an
embarrassment for those who turn out to see him … maybe he’s somewhat of an
allure as in a freak show. He’s a total joke! To be finally talking jobs and
things just before the election having broken previous campaign promises in his
failed role as ‘bush failure 3’. Even his pension is undeserved so much a fraud
is he! Black caucus: Tired of making
excuses for Obama [ They are not alone! ] Washington
Examiner | A key member of
the Congressional Black Caucus says they don’t pressure President Obama because
he is loved by black voters. Obama ‘Takes
More Vacations Than Any Human Being I’ve Ever Seen’ Fox News | “Here
we have a country that really is going to hell in a handbasket.” Bus Tour Bust:
Obama’s Approval Plummets Back Into 30s, Says Gallup CNS News |
Obama’s politically charged but taxpayer funded bus tour through the Midwest
turned into a bust yesterday. Disapproval of
Congress Hits All Time High of 84%
Drudgereport: BLACK CAUCUS ON OBAMA: 'WE'RE GETTING
TIRED' [ Not as tired of wobama’s b***s*** / excuses as the ‘White
Caucus’ and any other Caucus – but, don’t be taken in by their b***s***;
they’ll ‘back the black’ every time, regardless! ]New low of 26% approve of Obama on
economy...
Inflation builds...
FOOD PRICES RISING...
UNEMPLOYMENT UP...
OBAMA TO LAY OUT JOBS PLAN -- AFTER VACATION...
'Takes More Vacations Than Any Human Being I've Ever
Seen'...
Commiserates with jobless, then off to the
Vineyard...
Even
that italian, belafonte, isn’t buying ‘wobama brand(ed)’:
Drudgereport: HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
Most
importantly, realize that if wobama’s actions had not belied his words/campaign
promises, the nation’s position, though still ominous, would have been
substantially improved.
What’s Apple without Steve
Jobs? Jobs has the knack of
knowing what people want before they do. Can Apple stay ahead of the curve?
(Washington Post) [ Without disparaging the company nor the remaining
employees, what can be said of Apple with certainty in response the foregoing
question is: ‘LESS’. That said, there couldn’t have been a more propitious time
for the great (without even a tinge of sarcasm – among the relatively few great
CEO’s in corporate history) Steve Jobs to leave. Steve Jobs resigns from Apple, Cook becomes CEO - SAN FRANCISCO (Reuters) -
Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of
Apple Inc in a stunning move that ended his 14-year reign at the technology
giant he co-founded i... [ Far more than just a ‘Silicon Valley legend’, Steve
Jobs literally saved Apple from extinction … I’m truly glad he saved Apple, my
first computer (1986 - apple IIc for word processing / data based records /
forms / templates / data which I interfaced with an electric typewriter for
letter quality) and for that all should be thankful. Apple is the Nasdaq (40%
weighting) and quite more, that now was! That’s past tense. Steve Jobs goes out
a big winner as indeed he should! Yet, make no mistake, as one might expect,
his timing was impeccable inasmuch as without his uniquely inspired innovation,
competition moving in, and particularly the coming debacle / crisis the worst
of which lies ahead, things are not looking up, in and for pervasively corrupt
/ defacto bankrupt america particularly, euphemistically speaking. ] End Of Cycle Smelling Like Dow 3K,
Gold 3K Forbes
/ Bill Bonner …
‘Our view [ the correct view ] is that the bear market began in January 2000.
The feds fought it off with two huge extravaganzas of spending — the first
beginning in 2001 the other after 2008. Stimulus does wonders for stock prices
but it no longer works for the economy that sustains them. For every dollar
that the Fed has put to work to fight the crisis since 2008, for example, it
has produced only 80 cents worth of GDP. It didn’t work……that the recession of
’08-’09 in the US never actually ended……and that stocks will go down over the
next 5-10 years until they finally hit a real bottom…’
Robinson: King’s dream remains
unrealized (Washington Post)
[ Yeah! That ‘content of their character’ thing’s a b***ch to live up to … just
don’t measure up! What’s a white person to do, especially when black atty.
General Holder with fellow black Obama’s tacit approval is racist himself
(themselves) UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims '. Drudgereport:
'Mob' beatings at WI state fair...
'Hundreds of young black people beating white
people'... [
Typical… ]
Fairgoers 'pulled out of cars'...
'They were just going after white people'...
Heightened security...
[ .. (the following incident is my personal
experience: black perps, white victims)‘.. 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 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
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 blacks 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). ]
Banks are dimming Europe’s
outlook Still restructuring after the 2008 crisis, euro-zone banks
face new concern about their stability. (Washington Post) [ And not just
europe’s outlook … How stable is the banking
industry?. (Washington Post) [ Not too! … as if anyone should need
remindin’! After all, a depression is
that ‘lowering tide that grounds all boats’ (the converse of that word picture
I like to use in analysis of securities wherein focus on the macro environment,
the economy, the largest aggregate enhances your probabilities of success on
the theory / cliché ‘a rising tide lifts all boats’. Clearly, simplistic wisdom
that is true.) The frauds on wall street et als should be
criminally prosecuted, jailed, fined, and disgorgement imposed! Train Reading: The Stock
Market Is Insane The Wall Street Journal , Welcome To The New Bear Market
For Stocks Forbes / Suttmeier , Dow/Gold Ratio Lowest Since 1987
Crash Forbes /
Adrian Ash , Ignore Buffett's Advice, Don't
Buy Stocks Forbes / Dohmen , The "Crimes" That
Wrecked The Markets Forbes / Lenzner , Tech Leading Market Lower
The Wall Street Journal , Banks closed in Fla, Ga, Ill;
2011 total is 68
, No Recession Coming ... It's
Already Here
Previous:8-18-11 Stocks rally off lows to suck
suckers in and keep suckers sucked in on bad news (Jobless Claims, Inflation Rise
More Than Expected CNBC) , fraud ( SEC destroyed
documents, senator says Crimes Wrecked The Markets
),
and b***s*** alone! MKM Bracing For SPY To Drop 8%
More; Nasdaq Nearing August Lows Barrons.com, WHY NEW LOWS ARE LIKELY 8-18-11 Maierhofer, Is
It 2008 Again? Looking at the Summer Crash of 2011 Gayed ‘A
real bear market has begun …’ , Abandon Ship?[The USS Titanic] Yes, Because of These 5 Bearish
Icebergs ... McGill , There's A Recession Coming
According To The Data
The
following is my comment to an LA Times article regarding a Justice Department
cover-up! As for your inquiry, all I think about day and night is a long
overdue resolution to the RICO litigation as set forth therein:
I
believe him!
Here’s some real, complicit
cover-up / fraud on the part of the federal government, et als:
October
15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez,
Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the Order
of The Honorable Robert N. Chatigny, Chief Judge, USDC, District Connecticut.
The files below the horizontal rule are the referenced documents as filed.
(Owing to the damage to the financial interests of both the U.S. and the
District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document in 5 pages
under penalty of perjury I was asked to forward to the FBI office in New Haven
is probably the best and most concise summary of the case RICO Summary to
FBI Under Penalty of Perjury at Their Request (5 pages)
[ ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to
the LA office and I was referred to the Long Beach, CA office where I
personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary
documents of the money laundering which he confirmed as indicative of same (he
was transferred from said office within approximately a month of said meeting
and his location was not disclosed to me upon inquiry). The matter was assigned
to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction to
the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
There is applicable insurance / surety coverage and
neither LA, nor creditors, nor I should continue to have been damaged by this
brazened corrupt and illegal scenario, which should be resolved in accordance
with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are
unresolved problems with the line, computer connection may be the reason but I
hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can reasonably
be presumed to have been tampered with, and hence, a violation of the federal
statute concerning same. (Ultimately delivered by UPS) ]
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Sincerely
and Regards,
Al
Peia
U.S. stocks end volatile week
in the red (Washington Post) [The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed! Train Reading: The Stock
Market Is Insane The Wall Street Journal , Welcome To The New Bear Market
For Stocks Forbes / Suttmeier , Dow/Gold Ratio Lowest Since 1987
Crash Forbes /
Adrian Ash , Ignore Buffett's Advice, Don't
Buy Stocks Forbes / Dohmen , The "Crimes" That
Wrecked The Markets Forbes / Lenzner , Tech Leading Market Lower
The Wall Street Journal , Banks closed in Fla, Ga, Ill;
2011 total is 68
, No Recession Coming ... It's
Already Here
Previous:8-18-11 Stocks rally off lows to suck
suckers in and keep suckers sucked in on bad news (Jobless Claims, Inflation Rise
More Than Expected CNBC) , fraud ( SEC
destroyed documents, senator says
Crimes Wrecked The Markets
),
and b***s*** alone! MKM Bracing For SPY To Drop 8%
More; Nasdaq Nearing August Lows Barrons.com, WHY NEW LOWS ARE LIKELY 8-18-11 Maierhofer, Is
It 2008 Again? Looking at the Summer Crash of 2011 Gayed ‘A
real bear market has begun …’ , Abandon Ship?[The USS Titanic] Yes, Because of These 5 Bearish
Icebergs ... McGill , There's A Recession Coming
According To The Data at Forbes , HP, Dell hammered as tech-spending outlook darkens JDSU,
NetApp, disappointing figures, shares hit hard in after-hours trade Dell
braces investors for a bumpy road Dell makes a case on why it can
better weather an upcoming storm , S&P says sell Google's shares after Motorola deal
, STOCKS FALL AFTER FLOOD OF BAD
NEWS: Here's What You Need To Know
Joe Weisenthal , Stocks Slip On Concern Over Europe's
Debt, U.S. Data , Watch Out: 2011 Looks A Lot Like
The Market Top In 2007
Sean Hanlon Take A Lesson From 2007 And
Sell Stocks Now at Forbes, [video] Trader: We Could Test
1120 Lows at TheStreet.com
In a Downtrend, Sell a Rally
(Daily FX) Latest: Economist Who
Predicted Market Crash Warns of 2012 Aftershock. See More Here. Famed
economist predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 50% unemployment, 90% stock
market drop, 100% inflation. See the Evidence (Newsmax.com) Five Reason Stocks Are
Crashing, Tips to Prepare for Meltdown (Moneynews)
Unthinkable
Poised to Happen on Wall Street. See Disturbing Charts. (Newsmax.com) US Recession Is Guaranteed:
Expert CNBC. 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). Dow 1000? Robert Prechter
Thinks So Prechter Reiterrates Call For
Dow 1,000, Even As Surging Gold And Plunging Dollar Leave Much Credibility To
Be Desired Bulls Go to Extremes: Don't
Buy the "Breakout", Sell It, Prechter Says Russell: This Is One Of The
Largest Tops In Stock Market History My
old friend, Bob Prechter, is talking about Dow 400. I used to think this was an
absurd joke. I no longer think it’s a joke. The ultimate result will be a
primary bear market shocking in duration and extent. …’ Forecasts from Dent, Napier, and then
Prechter: Depression is Imminent The Dow Jones
Industrial Average will go down to at least 1000, most likely to below 777
which was the starting point of its mania back in August 1982, and quite likely
drop below 400 at one or more times during the bear market. [ 8 More Reasons Why You Should
Be Deeply Concerned That The U.S. Government Has Lost Its AAA Credit Rating The
Economic Collapse ‘… #8 The U.S. national debt continues to get worse
by the day. Just check out what economics professor Laurence
J. Kotlikoff recently told NPR….“If you add up
all the promises that have been made for spending obligations, including
defense expenditures, and you subtract all the taxes that we expect to collect,
the difference is $211 trillion. That’s the fiscal gap” ..’ Why You Shouldn't Buy Into
This Plunge Forbes/O'Neil‘The market is building
momentum to the downside’.]
Experts: Recovery might take a
while If this crisis follow the pattern of similar ones, it may be
one of the most difficult in U.S. history. (Washington Post) [ Duh! Ya think! Dow/Gold Ratio Lowest Since 1987
Crash Forbes
Adrian Ash ‘Today’s gold
buyers might still get to look early birds as this depression wears on… GROWTH or defense…stocks or gold? Intra-day noise aside in summer 2011,
Mr.Market’s choice looks plain.
The Dow/Gold
Ratio –
a measure of the U.S. stock market’s valuation in ounces of gold – has sunk as equities
have plunged but gold prices have
jumped so far this summer.
Dropping
through 6.0 ahead of Friday’s New York opening, the Dow/Gold Ratio hasn’t been this low since
early 1989, back when world equity markets were recovering from the Great Crash
of Black Monday 1987.
http://goldnews.bullionvault.com/files/DowGoldviii11.png
That slump
itself had taken the Dow/Gold Ratio all the way down to 3.6, with gold prices rising
to nearly $500 per ounce as the Wall Street index sank to 1776 points. Growth,
of course, was only taking a pause in late 1987 – a quick breather before
the real race to perfection of the late 1990s. Today, in contrast, the Dow/Gold
Ratio could still go a lot further down. Or so says history.
Trading a
little over its century-long average of 10.0 today, the ratio bottomed during
the 1930s Great Depression at just below 2.0 ounces of gold for one Dow unit.
At the nadir of the next global depression – the inflationary
depression of the early 1980s – the Dow/Gold Ratio sank even lower, down to 1.0.
Whatever
flavor of depression we’ve got at the start of this decade – and it is a depression, as Western jobs data continue to show
and as the Dow/Gold yardstick will confirm if it goes much lower (keep an eye
on the underperformance of gold mining equities, too) – a growing flow of private
savings is choosing defense in gold bullion rather than choosing
business-risk in listed stocks.
That choice
might sound self-fulfilling if you work in psychiatry or government, a kind of “clinical disorder” open to curing with
medication, zero interest rates or perhaps a third round of quantitative easing
–
most likely aimed at risk assets, we guess, rather than the “risk free” Treasury bonds targeted
by QE1 and QE2 – and which institutional investors are all-too keen
to hold anyway.
So far,
however, investors choosing to buy gold only account for a tiny portion
of the money fleeing equities.
From here to a
true depression low in Dow/Gold (if such a level is reached), today’s gold buyers will need
to find many more friends. They’d also look early-birds compared with the rush out of
stocks –
and into gold – needed to reach that 2.0 or 1.0 mark.’
BlogPost : Jon Stewart attacks Fox
'class warfare' ...Warren Buffett (Nati Harnik/AP) After Warren
Buffett’s
New York Times Op-ed called for a tax on the.. (Washington Post) [Ignore Buffett's Advice, Don't
Buy Stocks at Forbes Bert Dohmen [ Yeah …
this is really good advice. As a shill for fraudulent wall street, they may
have given him some ‘stellar
performances and cash to boot’;
but, the homespun bumpkin senile buffet’s
analytical abilities, if ever really extant, have certainly passed the point of
no return. You may recall how the clintons, with a mere $1,000 or so, were
revealed as ‘commodities
trading wizards’
(turned into in excess of $100,000 or so), but as written up in the Wall Street
Journal ‘someone was giving them money’.
In fairness, that they were singled out (was) is a bit arbitrary inasmuch as
that’s going on all the time on wall street, and now with
greater precision owing to greater computer programming capabilities, to
everyone else’s
detriment. Remember, in a manner of speaking, there are two sides to every
trade, viz., winner and loser (in relative terms).] ‘The markets plunged going into August 8. On that day,
the DJI closed with a loss of 629 points. My indicators signaled that a brief
bounce would commence the next day. According to the charts, the first target
for the S&P 500 was 1205. The target was hit exactly a few days later. That
was followed by a renewed plunge.
I have been
looking for a serious crisis to start in September. It appears that we have
seen the prelude for that. The big smart money has been preparing for the past
five months.You can see the “distribution pattern” on the charts since
mid-February. The rush to the exits is now accelerating and the smart money has
been selling short in large amounts.
The extreme
bullish sentiment that prevailed until the latest plunge was first replaced by
complacency, then by concern. However, the “fear” stage is still missing,
except at hedge funds that were forced to sell because of margin calls. In
fact, during the severe plunge in the first week of August, investment
investors became even more bullish according to Investorsintelligence.com. That
is not good for the markets.
The market
negatives are increasing in numbers. The IPO window is now shut. There are
signs that credit is once again vanishing. Loans are being called in, some
companies appear to have difficulties rolling over their Commercial Paper, junk
bonds yields are soaring, European banks may stop lending to each other, and
the European crisis is spreading out across the globe. It’s my view that this will
cause another credit crisis, just as in 2008.
What’s worse is that contrary
to 2008, the big players learned to read the signs from their 2008 mistakes.
They are now wide awake, although in the media, their minions still repeat the
same bullish fairy tale. This means that this crisis could develop much faster
than the last one. (Read my book, Financial Apocalypse, which is the 2008 roadmap, one which can be used
very well for what is now happening.)
The words “possible recession” suddenly is being
mentioned a lot in the media, although economists still strongly deny that
possibility. Our rule is that the stronger their denials, the more certain and
the deeper the recession will be. In fact, I declared in our May 9 issue of the
Wellington Letter that the recession had started.
Morgan Stanley
lowered its global GDP growth forecasts for 2012 from 4.5% to 3.8%. My forecast
is for 1%-2% or less. It would be negative growth except for the fudged
inflation numbers.
The European
politicians are not any smarter than those in the U.S. Merkel and Sarkozy had a
meeting in Paris and did nothing. That day I called the outcome “Disastrous” for the markets. It took
the markets a day to digest the consequences and then the selling avalanche
started. Many of the markets in Europe, led by the banks stocks, went into
virtual free falls, losing from 4%-7% in one day. Such losses indicate an
approaching crisis.
Now we see
some of the well-known Wall Street figures appearing in the media, telling
investors all the reasons why stocks are a good buy. One appeared with a long
list of bullish factors. Well, that list didn’t prevent the global
stock market from losing an incredible $6 trillion over the past several weeks.
He did the same cheerleading on national TV in 2007 before investors lost 50%
of their wealth.
Warren Buffett
is also once again the cheerleader saying he is buying stocks. He did that in
2007-2008 as well, and then the meltdown started later in 2008.
I would not
fall for this self-serving advice. Words cannot rescind a recession that we
already have, it cannot stop the insolvency of entire countries in Europe, it
can’t
change the fact that major profit downgrades will appear soon, and it can’t stop the China crisis
that is now starting.
Gold is
soaring, but the mining stocks look terribly weak. There is great danger now
with the gold stocks getting hit hard by less developed countries, including
South Africa, to nationalize gold mines. This is too lucrative for them to
resist.
I would get
out of all money market funds unless they are “U.S. government only.” The MMFs have big
exposure to European banks. We believe that lending between banks in Europe may
seize, which means that the whole structure will start shaking. You will start
hearing the word “contagion.”
In my opinion,
the danger period is approaching. What we have seen until now is just a “preview.” The main feature is
likely to be worse.
Bert Dohmen is
editor of Bert Dohmen’s Wellington Letter
and author of Prelude To Meltdown (2007) and Financial Apocalypse (2011).’
Dollar down against major currencies
Global investors are becoming antsy about the dollar’s role as the currency at
the core of the world’s financial system.
(Washington Post) [ Antsy? At
this point, if it was only just ‘antsy’ there’d be room to hope. Despite the
understatement, this is now way beyond ‘antsy’. Reality counts! For first time, U.S. credit
rating cut from AAA Standard & Poor’s announces that it has
downgraded U.S. government debt to AA+, dealing a huge symbolic blow to the
world’s economic superpower in what was a sharply worded critique of the
American political system. (Washington Post) [ Come on! Let’s get real here!
Symbolic? If it were only that. If it were only the american political system,
there’d at least be a plausible reason for hope, albeit futile even at that.
Indeed, pervasively corrupt, defacto bankrupt america, literally causing
destruction domestically and internationally, is a testament to the failure of
the american system generally, or more specifically what it has devolved into.
Whatever america was and purports to be, it certainly doesn’t take a PhD in
Poli Sci to know, ‘it ain’t that no more’. Moreover, the ‘genie’s out of the
bottle’ and try as they may, like ‘trying to put toothpaste back in the tube’,
or ‘unringing the bell’, perceptions of america will never be the same in the
most negative but realistic and factual sense; that is, beyond the propaganda,
efforts at censorship, and spin. Those ‘propaganda dogs don’t hunt no more.’ I
can further say that in america, by close observation and direct experience
(with more than sufficient representative sampling), I’ve seen and experienced
the worst of human nature; behavior so egregious so as to defy any known norms
of civilized behavior. Quite simply, there is no excuse for america! Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is insolvent and has been so for a long
time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s
Bill Gross told CNBC Monday.
Maierhofer: ‘USA INCOME STATEMENT:Total
federal spending in 2010 amounted to $3.456 trillion. Total receipts added up
to $2.162 trillion. USA Inc.'s 2010 deficit was $1.294 trillion.The 2011
federal budget is $3.7 trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for
unfunded obligations vary. Mary Meeker pegs the shortfall at $31 trillion,
PIMCO's Bill Gross estimates the unreported debt to be $75 trillion, while
other estimates exceed $100 trillion (these amounts are insurmountable) …’ America’s shine is wearing off
The powerless president Obama remains indecisive, and ignored, as
larger forces bring down the country. Robinson: S&P downgrades
the GOP (Washington Post) [
Riiiiight! It’s everything but ‘wobama the b’ (for b***s***) that’s to blame
for the nation’s meltdown according to wobama aficionados / intractable wobama
apologists, Messieurs Milbank and Robinson. Sweet Mr. Milbank even points to
wobama’s personal character flaws (among many unmentioned) to exculpate the
failed president wobama. Wobama’s failed miserably and yet had the easiest act
in the world to follow in the persona of fellow failed president war criminal
dumbya bush whose failed policies up to the real start of the election cycle
he’s largely followed. After all, Mr. Robinson, how different really are the
parties these days when profligate spending on illegal, unnecessary wars was
continued when democrats controlled congress, and then even the executive
office when continuing failed president and war criminal dumbya bush’s nation
bankrupting, nation destroying war policies, protection for unprecedentedly
huge wall street frauds, bush tax cut extensions for the wealthy, and then some
(spending on top of it). Drudgereport: HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
Most
importantly, realize that if wobama’s actions had not belied his words/campaign
promises, the nation’s position, though still ominous, would have been
substantially improved.
A win for opponents of SEC’s
new rules Court decision could spell trouble for the agency as it
puts in place some of the most far-reaching financial regulations in years.
(Washington Post) [ Oh come on! The biggest frauds in the multi-trillions have
been hands off despite the campaign promises to the contrary. The u.s. courts
are so corrupt, it’s doubtful they’d rule against ‘the big money’. That they
don’t understand the economics / finance is irrelevant to them; as is also so
of the law and the facts which they probably understand but ignore anyway. The
most important consideration should be what is obvious to all; viz., that the
way things were not only facilitated the fraudulent schemes that have brought
down the nation, but will continue prospectively as the frauds on wall street
have been emboldened by the lack of enforcement / prosecution. That said,
there’s corruption thoughout the ranks of the pervasively corrupt american
government. . Report: SEC lawyer exposed FBI
informant (WP) [ Clearly, the sec liar (sic – lawyer) is one of
those typically with a ‘pre or post’ arrangement, whether implicit or explicit;
you know, that ubiquitous ‘bribe thing’ in pervasively corrupt, defacto
bankrupt, fallen america. Indeed, the
scenario typifies that national drain / sinkhole new york (new york / new
jersey metro) where, for example, FBI informants were routinely exposed by
‘italians’ in the new york d.a.’s office over the objection of the FBI, and
were promptly ‘dispatched’/assassinated / hit by mafia / organized crime [ this
was documented with authority in the book ‘Goombata: The Improbable Rise and
Fall of John Gotti and His Gang’ Cummings /
Volkman Though having
but 5% of the world’s population, the u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
etc., are included in this evolved american trait of inherent criminality http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
| Obama has promised to hold Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Rubin: Fed to the country: the
economy stinks
‘…information
received since the Federal Open Market Committee met in June indicates that
economic growth so far this year has been considerably slower than the
Committee had expected. Indicators suggest a deterioration in overall labor
market conditions in recent months, and the unemployment rate has moved up.The
report adds: “The Committee now expects a somewhat slower pace of recovery over
coming quarters than it did at the time of the previous meeting and anticipates
that the unemployment rate will decline only gradually toward levels that the
Committee judges to be consistent with its dual mandate.”
(Washington Post) [ As if we didn’t know and needed them to
tell us. Don’t
forget, this pre-election year is as good as it gets; yet is as dismal as can
be imagined with substantially worse to follow. Dual Mandate? I’m surprised they had the
audacity to use the term. The frauds on wall street
et als should be criminally prosecuted, jailed, fined, and disgorgement imposed!
What changed from yesterday which warranted a more than 600 point plunge with
paper stocks still over-valued and a 545 bounce off of afternoon lows? Nothing!
Absolutely nothing, yet a manipulated computer-programmed churn-and-earn
suckers’
rally based on fraud and b***s*** alone to keep suckers suckered, which makes
for an especially great opportunity to sell / take profits since there’s much, much worse to come! Famed economist predicts
economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 50% unemployment, 90% stock
market drop, 100% inflation. See the Evidence (Newsmax.com)
What can the Federal Reserve
do? With the U.S. economy at risk of a double-dip recession, the
central bank lacks tools to do anything. (Washington Post) [ Oh I’d say they’ve done quite enough … wouldn’t you? … Is Bernanke Failing His Fed
Mission Or Just Delusional? at Forbes Robert Barone [ How ‘bout both! I
mean, come on! This catering to fraudulent wall street was a loser ab initio!
That so-called ‘wealth effect’ market
froth was used previously by senile ‘maestro’ greenspan
and failed miserably except for the frauds on wall street who commissioned up
and down; and, make no mistake, those computer-programmed high-frequency
trading volumes have now been maximized for nation-economy-draining profits for
the frauds like never before and have never been higher. The QE and dollar-debasement
policies were always predictably inflationary, ultimately hyperinflationary,
particularly for stocks; that ‘feel good’ obfuscation
that was but in reality good only for the frauds on wall street. No, there is
no modern day alchemy that spins worthless paper into gold except fraudulently
for the frauds on wall street who’ve literally
oftimes done exactly that; ‘cashing out’ for hard
currency and gold, precious metals, at everyone else’s expense
including main street. ] In
his June 7 speech, Fed Chairman Ben Bernanke stated, “the best way for the
Federal Reserve to support the fundamental value of the dollar in the medium
term is to pursue our dual mandate of maximum employment and price stability,
and we will certainly do that.”
.. Bernanke’s results .. since Ben
took the reins:
Feb ’06 – April ’11
Items in a Typical Budget |
% Change |
Food and Beverages |
16.54% |
Water and sewer and trash collection services |
31.88% |
Rent of primary residence |
13.82% |
Housing |
8.68% |
Fuels and Utilities |
11.93% |
Apparel |
4.83% |
Medical Care |
20.11% |
Gasoline (all types) |
65.12% |
Transportation |
23.36% |
Tuition, other school fees, and childcare |
29.28% |
Recreation |
2.87% |
..
The standard unemployment rate most often used by the Fed is currently at 9.1%,
up 90% since Bernanke started. The more inclusive (realistic) U6 number
stands at 15.8%, up 75% in the same period. The Civilian Participation
Rate has declined 2.87% to 64.2%.
This is the
lowest level the U.S. has seen since March, 1984. The decline amounts to
8,946,844 fewer Americans in the labor force. Had they not dropped out
because of a lack of jobs, the “official” unemployment rate would be significantly
higher. While we can debate the meaning of the term maximum employment,
it is clear that the jobs data has deteriorated considerably since Bernanke
took the reins at the Fed. ..
In conclusion,
it is evident that Ben Bernanke is failing his mandates. We believe it
must come down to one of the following reasons:
1.
Bernanke does not know how to achieve his mandates;
2.
The policy tools employed don’t work;
3.
He does not have the ability to implement policies that would work;
4.
He is not trying to achieve his mandates;
5.
He has goals other than his legal mandates;
6.
He does not look at the data, and believes he is succeeding.
Matt Marcewicz
& Robert Barone, Ph.D.
.. ‘
Obama plans to preserve
federal mortgage role The president’s decision to preserve a major
role for the government marks a big milestone in the effort to craft a new
housing policy from the wreckage of the mortgage meltdown. (Washington Post) [
Oh yeah! You can count on the government! Whew! Close call! Nothing to worry
about now with the government on the job! A win for opponents of SEC’s
new rules Court decision could spell trouble for the agency as it
puts in place some of the most far-reaching financial regulations in years.
(Washington Post) [ Oh come on! The biggest frauds in the multi-trillions have
been hands off despite the campaign promises to the contrary. The u.s. courts
are so corrupt, it’s doubtful they’d rule against ‘the big money’. That they
don’t understand the economics / finance is irrelevant to them; as is also so
of the law and the facts which they probably understand but ignore anyway. The
most important consideration should be what is obvious to all; viz., that the
way things were not only facilitated the fraudulent schemes that have brought
down the nation, but will continue prospectively as the frauds on wall street
have been emboldened by the lack of enforcement / prosecution. That said,
there’s corruption thoughout the ranks of the pervasively corrupt american
government. . Report: SEC lawyer exposed FBI
informant (WP) [ Clearly, the sec liar (sic – lawyer) is one of
those typically with a ‘pre or post’ arrangement, whether implicit or explicit;
you know, that ubiquitous ‘bribe thing’ in pervasively corrupt, defacto
bankrupt, fallen america. Indeed, the
scenario typifies that national drain / sinkhole new york (new york / new
jersey metro) where, for example, FBI informants were routinely exposed by
‘italians’ in the new york d.a.’s office over the objection of the FBI, and
were promptly ‘dispatched’/assassinated / hit by mafia / organized crime [ this
was documented with authority in the book ‘Goombata: The Improbable Rise and
Fall of John Gotti and His Gang’ Cummings /
Volkman Though having
but 5% of the world’s population, the u.s. has 76% of the world’s serial
killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg bankrupt
america also spends more on military than all the nations of the world
combined... fed employees / contractors, cia, all 3 branches of u.s. gov’t,
etc., are included in this evolved american trait of inherent criminality http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
| Obama has promised to hold Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
Poll: Sharp dissatisfaction
with D.C. The public doubts the government can fix the nation’s
economic problems, Post poll shows. An unlikely landlord: Uncle
Sam (Washington Post) [ No
surprise there (the doubts)! Uncle Scam
as landlord? Sounds like a typical scam / fiasco / debacle in the making! Add
limey (brits)-looking (green) frogs (french) to the mix(ed up) in the
pervasively corrupt defacto bankrupt disunited states Italy unveils plan to calm
fears of escalating crisis (Washington Post) [ Yeah, dem piigs were back in the news. ’ Dem PIIGS still got problems. Europe’s debt crisis threatens
Italy (WP) [ Yeah, dem’ darn PIIGS.
Reminds me of that joke (I won’t repeat it here except the punch line):
‘That’s black bart’s girl’. Pelosi: ‘We are not Greece’ ( but greecy Italy Italians voice concern
over Italian debt crisis scenario [ Whew! Close call! There you go. Nothing to
worry about now that wobama’s got a boehner … so not to be so hard on them; if
pelosi says it, it must be true … Not! …Pervasively corrupt, defacto bankrupt
america, they, she look pretty greecey to me. After all, if the same’s wobama’s
‘far-reaching plan on debt’, we all know ‘wobama the b’ (for b***s***) is total
b***s*** which means like Greecey PIIGS they’ll be back to the trough for more
… slop … py. Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is insolvent and has been so for a long time.
US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s
Bill Gross told CNBC Monday. Maierhofer:
‘USA INCOME STATEMENT:Total
federal spending in 2010 amounted to $3.456 trillion. Total receipts added up
to $2.162 trillion. USA Inc.'s 2010 deficit was $1.294 trillion.The 2011
federal budget is $3.7 trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for
unfunded obligations vary. Mary Meeker pegs the shortfall at $31 trillion,
PIMCO's Bill Gross estimates the unreported debt to be $75 trillion, while
other estimates exceed $100 trillion (these amounts are insurmountable) …’ Famed economist
predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 Watch for fake gov’t data / reports owing
to political desperation
Economy central as Obama
starts tour With some of his harshest words yet, president
criticizes GOP candidates on taxes, debt. (Washington Post) [ The eternal
campaign(er) …
he’s
got a ‘good
rap’
…
that rapper ‘wobama
the b’
(for b***s***). Is Obama’s fate written in numbers?
Recent economic data amounts to a formidable headwind for any incumbent
president hoping for a second term. And Democrats worry time is running out.
(Washington Post) [ Let’s just say the fate of ‘wobama the b’ (for b***s***) is
written, period. Quite simply, he’s done! Here’s a picture of obama voters / backers: http://www.albertpeia.com/wobamavoters.gif . ‘Don’t cry for him new argentina, the truth is he really
screwed you’
…
well you know that familiar theme and can ad lib, insert your own words!
It’s still Obama’s party Why he won’t face a primary
challenge: Republicans and racial politics. (Washington Post) [ It’s true … so right you are! Al Gore’s even pitchin’ in by donating the
talents of his long lost secret love child, ‘Leslie Gore’ to pen and sing a song
in wobama’s
honor (kidding) which goes something like this , ‘It’s his party and he’ll cry if he wants to,
cry if he wants to, cry if he wants to, you would cry too, if obama
happened to you … Well, there you go … if the song says it it
must be true. Yeah! And those dern republicans and their racial politics … UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims' – Time to get whitey, at last, at last,
etc., say holder / wobama who go on to say ‘and
they ain’t talking about Whitey Bulger, the
mobster, either!’
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Robinson: Obama won the Iowa
Straw Poll (Washington Post)
[ Oh riiiiight! What, on the theory that so long as you don’t hear wobama the
b’s (for b***s***) words which invariably belie his actions or non-actions, it’
a victory for wobama? I don’t think so; nor does the overwhelming, including
the unpolled, majority! Is Obama’s fate written in
numbers? Recent economic data amounts to a formidable headwind for
any incumbent president hoping for a second term. And Democrats worry time is
running out. (Washington Post) [ Let’s just say the fate of ‘wobama the b’ (for
b***s***) is written, period. Quite simply, he’s done! Here’s a picture of
obama voters / backers: http://www.albertpeia.com/wobamavoters.gif . ‘Don’t cry for him new argentina, the
truth is he really screwed you’ … well you know that familiar theme and can ad
lib, insert your own words!
It’s still Obama’s party
Why he won’t face a primary challenge: Republicans and racial politics.
(Washington Post) [ It’s true … so
right you are! Al Gore’s even pitchin’ in by donating the talents of his long
lost secret love child, ‘Leslie Gore’ to pen and sing a song in wobama’s honor
(kidding) which goes something like this , ‘It’s his party and he’ll cry if he
wants to, cry if he wants to, cry if he wants to, you would cry too, if obama
happened to you … Well, there you go … if the song says it it
must be true. Yeah! And those dern republicans and their racial politics … UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims' – Time to get whitey, at last, at last, etc., say
holder / wobama who go on to say ‘and they ain’t talking about Whitey Bulger,
the mobster, either!’ The powerless president Obama remains indecisive, and ignored, as
larger forces bring down the country. Robinson: S&P downgrades
the GOP (Washington Post) [
Riiiiight! It’s everything but ‘wobama the b’ (for b***s***) that’s to blame
for the nation’s meltdown according to wobama aficionados / intractable wobama
apologists, Messieurs Milbank and Robinson. Sweet Mr. Milbank even points to
wobama’s personal character flaws (among many unmentioned) to exculpate the
failed president wobama. Wobama’s failed miserably and yet had the easiest act
in the world to follow in the persona of fellow failed president war criminal dumbya
bush whose failed policies up to the real start of the election cycle he’s
largely followed. After all, Mr. Robinson, how different really are the parties
these days when profligate spending on illegal, unnecessary wars was continued
when democrats controlled congress, and then even the executive office when
continuing failed president and war criminal dumbya bush’s nation bankrupting,
nation destroying war policies, protection for unprecedentedly huge wall street
frauds, bush tax cut extensions for the wealthy, and then some (spending on top
of it). Drudgereport:
HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
The
following is my comment to an LA Times article regarding a Justice Department
cover-up! As for your inquiry, all I think about day and night is a long
overdue resolution to the RICO litigation as set forth therein:
I
believe him!
Here’s some real, complicit
cover-up / fraud on the part of the federal government, et als:
October
15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez,
Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a
corrupting influence on the process, and which corruption is pervasive). A
grievance complaint against Coan was also filed concurrently with the subject
action and held in abeyance pending resolution of the action which was
illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam
provisions of the Federal False Claims Act probably would apply and I
would absent resolution seek to refer the within to a firm with expertise in
that area of the law with which I am not familiar).
The document in 5 pages
under penalty of perjury I was asked to forward to the FBI office in New Haven
is probably the best and most concise summary of the case RICO Summary to
FBI Under Penalty of Perjury at Their Request (5
pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm
. With regard to the calls to the FBI’s LA and New Haven, CT
offices: There was one call to the LA office and I was referred to the Long
Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I
gave probative evidentiary documents of the money laundering which he confirmed
as indicative of same (he was transferred from said office within approximately
a month of said meeting and his location was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in touch
for in excess of a decade until he abruptly retired (our last conversation
prior to his retirement related to the case and parenthetically, Rudy Giuliani
whose father I stated had been an enforcer for the mob to which he registered
disbelief and requested I prove it, which I did – he served 12 years in
prison, aggravated assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction to
the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
There is applicable insurance / surety coverage and
neither LA, nor creditors, nor I should continue to have been damaged by this
brazened corrupt and illegal scenario, which should be resolved in accordance
with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are
unresolved problems with the line, computer connection may be the reason but I
hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can
reasonably be presumed to have been tampered with, and hence, a violation of
the federal statute concerning same. (Ultimately delivered by UPS) ]
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Sincerely
and Regards,
Al
Peia
Show us your debt plan
A challenge to the president, his opponents — and you. (Washington Post) [ Come
on! This is disingenuously rhetorical. At the least, you look at reality.
Pervasively corrupt, defacto bankrupt america’s growth days (and hence those rosy
assumptions) are gone forever. Second, you begin with the amount that must be
cut to avoid further dollar debasement among other obfuscating gimmicks which
worsen the dismal scenario ($3 trillion over 10 years doesn’t come close to
doing it). Thirdly, those responsible must be held accountable (and meaningful
law must count for all!). 8 More Reasons
Why You Should Be Deeply Concerned That The U.S. Government Has Lost Its AAA
Credit Rating The Economic Collapse ‘… #8 The U.S. national debt
continues to get worse by the day. Just check out what economics professor Laurence
J. Kotlikoff recently told NPR….“If you add up
all the promises that have been made for spending obligations, including
defense expenditures, and you subtract all the taxes that we expect to collect,
the difference is $211 trillion. That’s the fiscal gap” ..’ Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is
insolvent and has been so for a long time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s
Bill Gross told CNBC Monday.
Maierhofer: ‘USA INCOME STATEMENT:Total
federal spending in 2010 amounted to $3.456 trillion. Total receipts added up
to $2.162 trillion. USA Inc.'s 2010 deficit was $1.294 trillion.The 2011
federal budget is $3.7 trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for unfunded obligations vary. Mary
Meeker pegs the shortfall at $31 trillion, PIMCO's Bill Gross estimates the
unreported debt to be $75 trillion, while other estimates exceed $100 trillion
(these amounts are insurmountable) …’ Davis ‘This is how we pay off our current debts and I think
bondholders are simply happy to get anything out of a country that admits it
owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn (entire global
GDP) in the form of unfunded liabilities. The funniest thing about this (and
you have to laugh) is to see Conservative pundits get on TV and talk about how
we need to cut $100Bn worth of discretionary spending to "fix" this
(while continuing to spend $1Tn on the military and $1Tn on tax cuts for the
top 1% each year). There is no fixing this and even a Republican said you can’t
fool all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL
OUT THERE! ‘ Dave's Daily 'If you can keep interest rates this low this long, its
inevitable cheap financing can allow companies to start cobbling each other up.
Further Ben's policies allow companies like IBM to sell bonds at 1% and buy
back shares with the proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary Dealers can buy back
their shares and pay dividends with what essentially is taxpayer money-- Why
The Dow Will Plunge To 7,000 By 24/7 Wall St. S&P Poised For Dropoff, Says
Initial Jobless Claims Forbes / Maureen Farrell
Markets begin week on calmer
note The positive results showed that the markets may be able to
hang on to their gains. (Washington Post) [
The frauds on wall street et als should be
criminally prosecuted, jailed, fined, and disgorgement imposed! So
what’s changed of significance (other than the full moon and consequent effects
on the lunatic wall street frauds Train Reading: The Stock
Market Is Insane The Wall Street Journal ).
Nothing! Stocks rally on bad news, fraud,
and b***s*** alone! 3 Reasons Markets Finished Up
For the Third Straight Day Wall St. Cheat Sheet
1) U.S. economic data. According to the National
Association of Home Builders, builder confidence in the market for
newly built, single-family homes – the National Association of Home
Builders/Wells Fargo Housing Market Index – was unchanged in August at a low
level of 15. Also being reported today was an assessment of New York-area
manufacturing activity, which declined for the third consecutive month and fell
short of economists’ expectations.. 2) Japan. [Come on ... If the ‘meltdown’
proved anything it’s that Japan’s as bad as america in dealing with and
reporting reality.] Japan’s economy contracted less than
expected in the second quarter, despite a huge blow to industry and
production dealt by the March 11 earthquake and tsunami. Gross domestic product
declined at an annualized rate of 1.3% in the quarter ending June 30.
Economists had forecast a 2.5% decline.. 3) Crude futures. After tumbling
considerably over the past few weeks, crude-oil futures began to
recover today. Crude for September delivery climbed roughly 3% today
on the New York Mercantile Exchange, giving energy stocks a boost. Exxon Mobil
, BP , Marathon , and Chevron all gained over 3% today …’ In a Downtrend, Sell a Rally
(Daily FX) Latest: Economist Who
Predicted Market Crash Warns of 2012 Aftershock. See More Here. ‘Aftershock’
Book Predicts Economic Disaster Amid Controversy Disturbing Charts Show
Economic Meltdown in 2012. See the Evidence. (Newsmax.com)
Five Reason Stocks Are
Crashing, Tips to Prepare for Meltdown (Moneynews)
Unthinkable
Poised to Happen on Wall Street. See Disturbing Charts. (Newsmax.com) US Recession Is Guaranteed:
Expert CNBC.com
Europe’s crisis and the
psychology of fear (Washington Post) [ Given the reality and magnitude of Europe’s
problems going forward, dwarfed only by the magnitude of those of pervasively
corrupt, defacto bankrupt america, it brings to mind the words of the former
Intel CEO (co-founder) Andy Grove ‘ Only the paranoid survive’ (of course,
having survived the Nazis and escaped Communist-controlled Hungary in Europe,
as a jew, one has to assume his perspective / outlook was somewhat ‘skewed’
thereby). Yet, let’s not kid ourselves to the point where virtual survival is
threatened and at stake as is so for the EU. America isn’t alone in the
downgrade spiral (WP)
Indeed, the EU has followed the contra-indicated perma war, evermore worthless
Weimar currency, and a predispositon / tacit acceptance of paper securities
schemes / scams / frauds which are integral to america’s ongoing, albeit
obfuscated, debacle / crisis which given the unfunded debt load pegged at $211
Trillion among other estimates, is insurmountable and will end quite
badly. Poll: Sharp dissatisfaction
with D.C. The public doubts the government can fix the nation’s
economic problems, Post poll shows. An unlikely landlord: Uncle
Sam (WP) [ No surprise there
(the doubts)! Uncle Scam as landlord?
Sounds like a typical scam / fiasco / debacle in the making! Add limey
(brits)-looking (green) frogs (french) to the mix(ed up) in the pervasively
corrupt defacto bankrupt disunited states
Italy unveils plan to calm
fears of escalating crisis (WP) [ Yeah, dem piigs were back in the news. ’ Dem PIIGS still got problems. Europe’s debt crisis threatens
Italy (WP) [ Yeah, dem’ darn PIIGS.
Reminds me of that joke (I won’t repeat it here except the punch line):
‘That’s black bart’s girl’. Pelosi: ‘We are not Greece’ ( but greecy Italy Italians voice concern
over Italian debt crisis scenario [ Whew! Close call! There you go. Nothing to
worry about now that wobama’s got a boehner … so not to be so hard on them; if
pelosi says it, it must be true … Not! …Pervasively corrupt, defacto bankrupt
america, they, she look pretty greecey to me. After all, if the same’s wobama’s
‘far-reaching plan on debt’, we all know ‘wobama the b’ (for b***s***) is total
b***s*** which means like Greecey PIIGS they’ll be back to the trough for more
… slop … py. Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is insolvent and has been so for a long
time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed to
cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s
Bill Gross told CNBC Monday.
Maierhofer: ‘USA INCOME STATEMENT:Total
federal spending in 2010 amounted to $3.456 trillion. Total receipts added up
to $2.162 trillion. USA Inc.'s 2010 deficit was $1.294 trillion.The 2011
federal budget is $3.7 trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for
unfunded obligations vary. Mary Meeker pegs the shortfall at $31 trillion,
PIMCO's Bill Gross estimates the unreported debt to be $75 trillion, while
other estimates exceed $100 trillion (these amounts are insurmountable) …’ Famed economist
predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 Watch for fake gov’t data / reports owing
to political desperation! Why You Shouldn't Buy Into
This Plunge Forbes/O'Neil‘The market is building
momentum to the downside’. Wall Street closes worst week since '08 with wild day NEW YORK (Reuters) S&P on U.S. downgrade:
Debt pact 'falls short' - Reuters S&P downgrades US credit rating from AAA S&P Shocks the U.S. with Credit
Downgrade to AA+ from Prestigious AAA Rating Wall St. Cheat Sheet What Recovery? Forbes ‘…we can’t call this a recovery. There’s no
reason to celebrate when a job report was better than expected. Why? Because
the expectation was abysmal to begin with. And while we’re at it, we can’t
ignore increasing sovereign debt problems in Europe…’ ‘Top 3 Reasons Markets Erased
the Year’s Gains Wall St. Cheat Sheet 1) Japan and Europe 2) Unemployment.3)
Capital goods - billions of dollars in lost revenue. 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 that warns of phase II of the global crisis… My work
shows that “the new recession has started.”… Over the past 33 years, we have
called the start of every recession, often on the exact month, or within one
month, of the official start as determined one year later by the official
arbiter of recession, the National Bureau of Economic Research (NBER)… However,
inflation is far understated for political reasons. 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, according
to free market economists who calculate inflation as it was done in 1980 before
the politician re-engineered it, is now more than 11%. Using that to adjust GDP
for inflation, would show that the economy is now in a very sharp
contraction…’FLASHBACK HERE: Selling In May Is Very Good
Advice This Year Harding Remember: Sell
in May and Go Away and If You’ve Not Sold by June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ [ He’s not alone! PRECHTER: We're Still In A
Massive Bear Market And Stocks Will Crash To New Lows Stock Market: 4 Current
Warning Signs Navin ‘…1) The 5-year high
in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher.
Krauthammer: Our political
system is working well (Washington Post) [ Wow! There was a time back in the late
sixties, early seventies when there were these long-haired people chastised by
the so-called ‘establishment’ that would have just loved to be doin’ whatever
it is that Mr. Krauthammer’s been doing to arrive at such a conclusion, so
glaringly devoid of any reality whatsoever. Psychedelics, hallucinogens, magic
mushrooms; what could it be that has brought Mr. Krauthammer into this fantasy
world where even ‘Alice’ of Wonderland fame might feel comfortable in this
netherland (sic) / netherworld created from the depths of Mr. Krauthammer’s
imagination. I’m truly at a loss for words. After all, the warning by the
underrated but great President General Eisenhower of the impending inherent
danger of the military industrial complex came to fruition with the
assassination of JFK and the reality of a coup d’etat thereby. All presidents,
along with the two remaining branches of the pervasively corrupt, defacto
bankrupt american government since have been at best stooges for such as the
military industrial complex, the banksters / frauds on wall street, etc., to
the substantial detriment of the vast majority in this country and throughout
the world (ie., perma wars, huge securities frauds still extant / now marked to
anything as per congressional FASB rule change, and unprosecuted. Beyond the
immediate reach, or at least ‘penetration’ of american propaganda, an
intelligent and astute individual, Legendary Investor Jeremy
Grantham: America is a Banana Republic Washington’s Blog
| Just different bananas perhaps? { Of course this is absolutely true! And not
just from the meaningfully lawless perspective – I had made such a statement on
the record in a LA Superior Court Appellate Dept. proceeding in which said
court literally ignored the law (the same is true of the costly, plushly
accoutered lifetime appointee federal courts) which courts should indeed be
abolished in these difficult economic / budgetary times. Additionally, from
pervasive corruption, to debased over-printed currency, to gunboat diplomacy,
to total incompetence, etc., america is indeed a banana republic at most.
} I didn’t see the debates {what does
it matter what they say – the egregious ‘wobama the b’ (for b***s***) fatigue
factor / experience} nor have I read Mr. Robinson’s article, ‘GOP Debate Land’ but
I’m sure I’d agree with his conclusion,
‘I didn’t recognize the America the GOP candidates described;’ but
unfortunately, I do recognize the pervasively corrupt, defacto bankrupt america
of ‘wobama the b’ (for b***s***), failed president like his predecessor, moron
war criminal dumbya bush, that he is. The powerless president Obama remains indecisive, and ignored, as
larger forces bring down the country. Robinson: S&P downgrades
the GOP (WP) [ Riiiiight!
It’s everything but ‘wobama the b’ (for b***s***) that’s to blame for the
nation’s meltdown according to wobama aficionados / intractable wobama
apologists, Messieurs Milbank and Robinson. Sweet Mr. Milbank even points to
wobama’s personal character flaws (among many unmentioned) to exculpate the
failed president wobama. Wobama’s failed miserably and yet had the easiest act
in the world to follow in the persona of fellow failed president war criminal
dumbya bush whose failed policies up to the real start of the election cycle
he’s largely followed. After all, Mr. Robinson, how different really are the
parties these days when profligate spending on illegal, unnecessary wars was
continued when democrats controlled congress, and then even the executive
office when continuing failed president and war criminal dumbya bush’s nation
bankrupting, nation destroying war policies, protection for unprecedentedly
huge wall street frauds, bush tax cut extensions for the wealthy, and then some
(spending on top of it).
Drudgereport:
HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
Most
importantly, realize that if wobama’s actions had not belied his words/campaign
promises, the nation’s position, though still ominous, would have been
substantially improved.
Poll: Sharp dissatisfaction
with D.C. The public doubts the government can fix the nation’s economic problems, Post
poll shows. An unlikely landlord: Uncle
Sam (Washington Post) [ No
surprise there (the doubts)! Uncle as
landlord? Sounds like a typical scam / fiasco / debacle in the making! Add
limey (brits)-looking (green) frogs (french) to the mix(ed up) in the
pervasively corrupt defacto bankrupt disunited states Italy unveils plan to calm
fears of escalating crisis (Washington Post) [ Yeah, dem piigs were back in the news. ’
Dem PIIGS still got
problems. Europe’s debt crisis threatens Italy
(WP) [ Yeah, dem’ darn PIIGS.
Reminds me of that joke (I won’t repeat it here except the punch line): ‘That’s black bart’s girl’. Pelosi: ‘We are not Greece’ ( but greecy Italy Italians voice concern
over Italian debt crisis scenario [ Whew! Close call! There you go. Nothing to
worry about now that wobama’s got a boehner … so not to be so hard on them; if pelosi says it, it
must be true …
Not! …Pervasively
corrupt, defacto bankrupt america, they, she look pretty greecey to me. After
all, if the same’s wobama’s ‘far-reaching plan on debt’, we all know ‘wobama the b’ (for b***s***) is total
b***s*** which means like Greecey PIIGS they’ll be back to the trough
for more …
slop …
py. Deficits And Stimulus Only
Delay The Inevitable Collapse Bob Chapman | America is insolvent and has been so for a long
time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s Bill Gross told CNBC Monday. Maierhofer: ‘USA INCOME STATEMENT:Total federal spending in 2010
amounted to $3.456 trillion. Total receipts added up to $2.162 trillion. USA
Inc.'s 2010 deficit was $1.294 trillion.The 2011 federal budget is $3.7
trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for unfunded
obligations vary. Mary Meeker pegs the shortfall at $31 trillion, PIMCO's Bill
Gross estimates the unreported debt to be $75 trillion, while other estimates
exceed $100 trillion (these amounts are insurmountable) …’ Famed
economist predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 Watch for
fake gov’t
data / reports owing to political desperation! Why You Shouldn't Buy Into
This Plunge Forbes/O'Neil‘The market is building
momentum to the downside’. Wall Street closes worst week since '08 with wild day NEW YORK (Reuters) S&P on U.S. downgrade:
Debt pact 'falls short' - Reuters S&P downgrades US credit rating from AAA S&P Shocks the U.S. with Credit
Downgrade to AA+ from Prestigious AAA Rating Wall St. Cheat Sheet What Recovery? Forbes ‘…we can’t call this a recovery. There’s no reason to celebrate
when a job report was better than expected. Why? Because the expectation was
abysmal to begin with. And while we’re at it, we can’t ignore increasing sovereign debt problems in Europe…’ ‘Top 3 Reasons Markets Erased
the Year’s Gains Wall St. Cheat Sheet 1) Japan and Europe 2) Unemployment.3)
Capital goods - billions of dollars in lost revenue. 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 that warns of phase II of the
global crisis… My work shows that “the new recession has started.”… Over the past 33 years, we have called the start of every
recession, often on the exact month, or within one month, of the official start
as determined one year later by the official arbiter of recession, the National
Bureau of Economic Research (NBER)… However, inflation is far
understated for political reasons. 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, according to free market economists who calculate inflation
as it was done in 1980 before the politician re-engineered it, is now more than
11%. Using that to adjust GDP for inflation, would show that the economy is now
in a very sharp contraction…’FLASHBACK HERE: Selling In May Is Very Good
Advice This Year Harding Remember: Sell
in May and Go Away and If You’ve Not Sold by
June, You’re a Loon! ‘ ‘Albert Edwards:
Thinks the Market Could Fall 70%’ [ He’s not
alone! PRECHTER: We're Still In A
Massive Bear Market And Stocks Will Crash To New Lows Stock Market: 4 Current
Warning Signs Navin ‘…1) The 5-year high in the level of insider corporate stock
sales is telling. At 565 sells for every 1 buy, it’s never been higher.
European economies brace as
Germany slows Discouraging news about the pace of growth came just
hours before German and French leaders called for new steps to impose
discipline on governments whose lax budget practices prompted the debt crisis.
(Washington Post) [ First, let’s call this economic scenario what it is; viz.,
the ‘d’ word … ‘depression’. For those who find that term unutterable, then
‘double-dip recession’ is the term for you. All the dollar debasement
(over-printing, etc.) for the benefit of the frauds on wall street et als to
the substantial detriment of everyone else can’t change and has exacerbated and
obfuscated this fact. Moreover, there has been a manipulated churn-and-earn
high-frequency trading bubble-bull cycle in what is unmistakably a secular bear
market. Famed
economist predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 50% unemployment, 90% stock
market drop, 100% inflation. See the Evidence (Newsmax.com) ‘Robert Wiedemer’s new book,
“Aftershock: Protect Yourself and Profit in the Next Global Financial
Meltdown,” quickly is becoming the survival guide for the 21st century. And
Newsmax’s eye-opening Aftershock Survival Summit video, with exclusive
interviews and prophetic predictions, already has affected millions around the
world — but not without ruffling a few feathers. [ The instant video on
the economic / financial collapse from Stansberry and Associates is so well
researched and succinctly
presented that I’ve archived same on my
website; also, because the
facts and views presented comport with the facts and views I’ve presented on my
site which I believe to be correct. This is a must-view, must-see that I
strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv
) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 Written text of presentation (without
pictures / charts)] [A lot of pre-election year obfuscation,
manipulation but the debacle is already here:
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). Forecasts from
Dent, Napier, and then Prechter: Depression is
Imminent The Dow Jones Industrial Average will go down to at least 1000, most
likely to below 777 which was the starting point of its mania back in August
1982, and quite likely drop below 400 at one or more times during the bear
market.
The
following is my comment to an LA Times article regarding a Justice Department
cover-up! As for your inquiry, all I think about day and night is a long
overdue resolution to the RICO litigation as set forth therein:
I
believe him!
Here’s some real, complicit
cover-up / fraud on the part of the federal government, et als:
October
15, 2010 (*see infra {ultimately delivered by UPS})
Steven M. Martinez,
Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s browser) as per your
office’s
request as made this day (the disk and contents have been scanned by Avast,
McAfee, and Norton which I’ve installed on my computer to prevent viral attacks
/ infection and are without threat). I also include 1 copy of the DVD as filed
with the subject court as referenced therein (which files are also included on
the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO
action (as you’re aware, the RICO Act is a criminal statute which
provides a civil remedy, including treble damages and attorney fees, as an
incentive for private prosecution of said claims probably owing to the fact
that the USDOJ seems somewhat overwhelmed and in need of such assistance given
the seriousness and prevalence of said violations of law which have a corrupting
influence on the process, and which corruption is pervasive). A grievance
complaint against Coan was also filed concurrently with the subject action and
held in abeyance pending resolution of the action which was illegally dismissed
without any supporting law and in contravention of the Order of The Honorable
Robert N. Chatigny, Chief Judge, USDC, District Connecticut. The files below
the horizontal rule are the referenced documents as filed. (Owing to the damage
to the financial interests of both the U.S. and the District of Congresswoman
Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages
under penalty of perjury I was asked to forward to the FBI office in New Haven
is probably the best and most concise summary of the case RICO Summary to
FBI Under Penalty of Perjury at Their Request (5 pages)
[ ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as
fbicorrespondencereyes.htm . With regard to
the calls to the FBI’s LA and New Haven, CT offices: There was one call to
the LA office and I was referred to the Long Beach, CA office where I
personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary
documents of the money laundering which he confirmed as indicative of same (he
was transferred from said office within approximately a month of said meeting
and his location was not disclosed to me upon inquiry). The matter was assigned
to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade
until he abruptly retired (our last conversation prior to his retirement
related to the case and parenthetically, Rudy Giuliani whose father I stated
had been an enforcer for the mob to which he registered disbelief and requested
I prove it, which I did – he served 12 years in prison, aggravated
assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction to
the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see
infra). Such includes and as set forth in the case, inter alia,
There is applicable insurance / surety coverage and
neither LA, nor creditors, nor I should continue to have been damaged by this
brazened corrupt and illegal scenario, which should be resolved in accordance
with the meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are
unresolved problems with the line, computer connection may be the reason but I
hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).{recent change 323-786-6651 -magic jack}
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was flawed
as set forth below and my inquiries to the u.s. postal service rebuffed (I
believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can
reasonably be presumed to have been tampered with, and hence, a violation of
the federal statute concerning same. (Ultimately delivered by UPS) ]
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Sincerely
and Regards,
Al
Peia
The new Manchurian candidate
The sad facts behind Rick Perry’s Texas ‘miracle’. (Washington Post) [ I
haven’t looked too closely at this yet. After all, bushed of bushes and then
there was johnson who’ve really done enough damage to warrant looking askance.
Yet, there’s Ross Perot (not running) and Ron Paul; and of course, the great
but substantially underrated President General Eisenhower was born there though
raised in Kansas. To his credit, he’s railed against the incompetent wall
street fraud oriented fed though one must still say of same, better late than never.
It’s that bushie / johnson war thing that gives pause. Then there’s the gore /
lieberman / nafta / now / bilderberg connection … what’s up with that? (to
quote Keenan Thompson of SNL fame). Then there’s the Austin, Texas – based
infowars.com / prisonplanet.com / Jone contingent who remain unconvinced: Tell Rick Perry that there was
NO ‘Texas Miracle’ Len Hart | The only pockets lined by GOP largesse (pork) are the pockets of an
increasingly tiny ruling elite now just 1 percent of the total US population. Rick Perry’s
Campaign Strategy: Become Ron Paul Steve Watson | Texas Governor
promotes fiscal responsibility while his own state sits on a $13.4 billion
deficit.
Stocks end 3-day rally
U.S. stocks fall after a weak growth report in Europe rekindled fears about a
global economic slowdown. (Washington Post) [ Let’s not kid ourselves, if it’s
‘not happening’ in Germany, it’s not happening; b***s***, spin, and politicking
aside. Japan’s numbers, bad as they were, are too americanized to be believed
and pervasively corrupt, defacto bankrupt american numbers are just plain
‘american’ (which if you’re not paying attention, is very negative. The frauds on wall
street et als should be criminally prosecuted, jailed, fined, and disgorgement
imposed! So what’s changed of significance (other than
previous full moon and consequent effects on the lunatic wall street frauds Train Reading: The Stock
Market Is Insane The Wall Street Journal ).
Nothing! Stocks rally off lows on bad news,
fraud, and b***s*** alone! There's A Recession Coming
According To The Data at Forbes , Dell
braces investors for a bumpy road 16 Aug 2011 Dell makes a case on
why it can better weather an upcoming storm,
S&P says sell Google's shares after Motorola deal
, STOCKS FALL AFTER FLOOD OF BAD
NEWS: Here's What You Need To Know
Joe Weisenthal , Stocks Slip On Concern Over Europe's
Debt, U.S. Data , Watch Out: 2011 Looks A Lot
Like The Market Top In 2007
Sean Hanlon Take A Lesson From 2007 And
Sell Stocks Now at Forbes, [video] Trader: We Could Test
1120 Lows at TheStreet.com
In a Downtrend, Sell a Rally
(Daily FX) Latest: Economist Who
Predicted Market Crash Warns of 2012 Aftershock. See More Here. ‘Aftershock’ Book Predicts
Economic Disaster Amid Controversy Disturbing Charts Show
Economic Meltdown in 2012. See the Evidence. (Newsmax.com)
Five Reason Stocks Are
Crashing, Tips to Prepare for Meltdown (Moneynews)
Unthinkable
Poised to Happen on Wall Street. See Disturbing Charts. (Newsmax.com) US Recession Is Guaranteed:
Expert CNBC.com Absolutely nothing, yet a manipulated computer-programmed ( high frequency trading bots )
churn-and-earn suckers’ rally based on desperation, fraud and b***s*** alone
(ie., backward looking, ‘revisions’, faked data, etc.) to keep suckers
suckered, which makes for an especially great opportunity to sell / take
profits since there’s much, much worse to come
Perry attack puts pressure on
Fed ANALYSIS | The central bank is supposed to make its decisions
based on economics, not politics. Perry takes aim at Bernanke (Washington Post) [ When you’re right, you’re right. Can’t take that away from
him. What can the Federal Reserve
do? With the U.S. economy at risk of a double-dip recession, the
central bank lacks tools to do anything. (Washington Post) [ Oh I’d say they’ve done quite enough … wouldn’t you? … Is Bernanke Failing His Fed
Mission Or Just Delusional? at Forbes Robert Barone [ How ‘bout both! I
mean, come on! This catering to fraudulent wall street was a loser ab initio!
That so-called ‘wealth effect’ market
froth was used previously by senile ‘maestro’ greenspan
and failed miserably except for the frauds on wall street who commissioned up
and down; and, make no mistake, those computer-programmed high-frequency
trading volumes have now been maximized for nation-economy-draining profits for
the frauds like never before and have never been higher. The QE and
dollar-debasement policies were always predictably inflationary, ultimately
hyperinflationary, particularly for stocks; that ‘feel good’ obfuscation
that was but in reality good only for the frauds on wall street. No, there is
no modern day alchemy that spins worthless paper into gold except fraudulently
for the frauds on wall street who’ve literally
oftimes done exactly that; ‘cashing out’ for hard
currency and gold, precious metals, at everyone else’s expense
including main street. ] In
his June 7 speech, Fed Chairman Ben Bernanke stated, “the best way for the
Federal Reserve to support the fundamental value of the dollar in the medium
term is to pursue our dual mandate of maximum employment and price stability,
and we will certainly do that.”
.. Bernanke’s results .. since Ben
took the reins:
Feb ’06 – April ’11
Items in a Typical Budget |
% Change |
Food and Beverages |
16.54% |
Water and sewer and trash collection services |
31.88% |
Rent of primary residence |
13.82% |
Housing |
8.68% |
Fuels and Utilities |
11.93% |
Apparel |
4.83% |
Medical Care |
20.11% |
Gasoline (all types) |
65.12% |
Transportation |
23.36% |
Tuition, other school fees, and childcare |
29.28% |
Recreation |
2.87% |
..
The standard unemployment rate most often used by the Fed is currently at 9.1%,
up 90% since Bernanke started. The more inclusive (realistic) U6 number
stands at 15.8%, up 75% in the same period. The Civilian Participation
Rate has declined 2.87% to 64.2%.
This is the
lowest level the U.S. has seen since March, 1984. The decline amounts to
8,946,844 fewer Americans in the labor force. Had they not dropped out
because of a lack of jobs, the “official” unemployment rate would be significantly
higher. While we can debate the meaning of the term maximum employment,
it is clear that the jobs data has deteriorated considerably since Bernanke
took the reins at the Fed. ..
In conclusion,
it is evident that Ben Bernanke is failing his mandates. We believe it
must come down to one of the following reasons:
1.
Bernanke does not know how to achieve his mandates;
2.
The policy tools employed don’t work;
3.
He does not have the ability to implement policies that would work;
4.
He is not trying to achieve his mandates;
5.
He has goals other than his legal mandates;
6.
He does not look at the data, and believes he is succeeding.
Matt Marcewicz
& Robert Barone, Ph.D... ‘
Market plunge reawakens
recession fears Bleak numbers for U.S. jobs, housing and
manufacturing compounded the anxiety over European woes, sparking a market
sell-off and wiping out the major U.S. indexes’ gains from earlier this week.
(Washington Post) [ The frauds on wall street
et als should be criminally prosecuted, jailed, fined, and disgorgement imposed! Train Reading: The Stock
Market Is Insane The Wall Street Journal Stocks rally off lows to suck
suckers in and keep suckers sucked in on bad news (Jobless Claims, Inflation Rise
More Than Expected CNBC) , fraud ( SEC
destroyed documents, senator says ),
and b***s*** alone! MKM Bracing For SPY To Drop 8%
More; Nasdaq Nearing August Lows Barrons.com, WHY NEW LOWS ARE LIKELY 8-18-11 Maierhofer, Is It 2008 Again? Looking at the
Summer Crash of 2011
Gayed ‘A real bear market has begun …’ , Abandon Ship?[The USS Titanic] Yes, Because of These 5 Bearish
Icebergs ... McGill , There's A Recession Coming
According To The Data at Forbes , HP, Dell hammered as tech-spending outlook darkens JDSU,
NetApp, disappointing figures, shares hit hard in after-hours trade Dell
braces investors for a bumpy road Dell makes a case on why it can
better weather an upcoming storm , S&P says sell Google's shares after Motorola deal
, STOCKS FALL AFTER FLOOD OF BAD
NEWS: Here's What You Need To Know
Joe Weisenthal , Stocks Slip On Concern Over Europe's
Debt, U.S. Data , Watch Out: 2011 Looks A Lot
Like The Market Top In 2007
Sean Hanlon Take A Lesson From 2007 And
Sell Stocks Now at Forbes, [video] Trader: We Could Test
1120 Lows at TheStreet.com
In a Downtrend, Sell a Rally
(Daily FX) Latest: Economist Who
Predicted Market Crash Warns of 2012 Aftershock. See More Here. Famed
economist predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 50% unemployment, 90% stock
market drop, 100% inflation. See the Evidence (Newsmax.com) Five Reason Stocks Are
Crashing, Tips to Prepare for Meltdown (Moneynews)
Unthinkable
Poised to Happen on Wall Street. See Disturbing Charts. (Newsmax.com) US Recession Is Guaranteed:
Expert CNBC]
Obama issues first explicit
call for Syrian president to resign The rhetorical escalation was
backed by sanctions designed to undermine military operations. (Washington Post)
[ The reply: right after you wobama for gross incompetence, for harboring war
criminals bush and cheney et als, for unconstitutional exercise of war powers
alluded to by congressional members, for fraud in the inducement and factum
(false campaign statements/promises), and as soon as you return that ridiculous
thing called the ‘nobel peace prize’ belied by your actions, etc.. Come on! Who
takes this clown, ‘wobama the b’ (for b***s***), seriously. He’s a total joke
and totally pathetic at once! Robinson: Obama won the Iowa
Straw Poll (Washington Post)
[ Oh riiiiight! What, on the theory that so long as you don’t hear wobama the
b’s (for b***s***) words which invariably belie his actions or non-actions, it’
a victory for wobama? I don’t think so; nor does the overwhelming, including
the unpolled, majority! Is Obama’s fate written in
numbers? Recent economic data amounts to a formidable headwind for
any incumbent president hoping for a second term. And Democrats worry time is
running out. (Washington Post) [ Let’s just say the fate of ‘wobama the b’ (for
b***s***) is written, period. Quite simply, he’s done! Here’s a picture of
obama voters / backers: http://www.albertpeia.com/wobamavoters.gif . ‘Don’t cry for him new argentina, the
truth is he really screwed you’ … well you know that familiar theme and can ad
lib, insert your own words!
It’s still Obama’s party
Why he won’t face a primary challenge: Republicans and racial politics.
(Washington Post) [ It’s true … so
right you are! Al Gore’s even pitchin’ in by donating the talents of his long
lost secret love child, ‘Leslie Gore’ to pen and sing a song in wobama’s honor
(kidding) which goes something like this , ‘It’s his party and he’ll cry if he
wants to, cry if he wants to, cry if he wants to, you would cry too, if obama
happened to you … Well, there you go … if the song says it it
must be true. Yeah! And those dern republicans and their racial politics … UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE...‘ignore cases that involve black
defendants and white victims' – Time to get whitey, at last, at last, etc., say
holder / wobama who go on to say ‘and they ain’t talking about Whitey Bulger,
the mobster, either!’ The powerless president Obama remains indecisive, and ignored, as
larger forces bring down the country. Robinson: S&P downgrades
the GOP (Washington Post) [
Riiiiight! It’s everything but ‘wobama the b’ (for b***s***) that’s to blame
for the nation’s meltdown according to wobama aficionados / intractable wobama
apologists, Messieurs Milbank and Robinson. Sweet Mr. Milbank even points to
wobama’s personal character flaws (among many unmentioned) to exculpate the
failed president wobama. Wobama’s failed miserably and yet had the easiest act
in the world to follow in the persona of fellow failed president war criminal
dumbya bush whose failed policies up to the real start of the election cycle
he’s largely followed. After all, Mr. Robinson, how different really are the
parties these days when profligate spending on illegal, unnecessary wars was
continued when democrats controlled congress, and then even the executive
office when continuing failed president and war criminal dumbya bush’s nation
bankrupting, nation destroying war policies, protection for unprecedentedly
huge wall street frauds, bush tax cut extensions for the wealthy, and then some
(spending on top of it). Details of Obama’s jobs plan
emerge President is thinking about proposing tax cuts for companies
that hire workers, new spending for roads and construction, and other measures
that target the long-term unemployed, administration officials say. (Washington
Post) [ Oh come on! Too little, too
late for ‘wobama the b’ (for b***s***), the eternal campaign(er) … he’s got a
‘good rap’ … that rapper ‘wobama the b’ (for b***s***). Really! He’s a total embarrassment out there
on the campaign trail; and just as much an embarrassment for those who turn out
to see him … maybe he’s somewhat of an allure as in a freak show. He’s a total
joke! To be finally talking jobs and things just before the election having
broken previous campaign promises in his failed role as ‘bush failure 3’. Even
his pension is undeserved so much a fraud is he! Black caucus: Tired of making
excuses for Obama [ They are not alone! ] Washington
Examiner | A key member of
the Congressional Black Caucus says they don’t pressure President Obama because
he is loved by black voters. Obama ‘Takes
More Vacations Than Any Human Being I’ve Ever Seen’ Fox News | “Here
we have a country that really is going to hell in a handbasket.” Bus Tour Bust:
Obama’s Approval Plummets Back Into 30s, Says Gallup CNS News |
Obama’s politically charged but taxpayer funded bus tour through the Midwest
turned into a bust yesterday. Disapproval of
Congress Hits All Time High of 84% Paul Joseph Watson | Americans
are more upset with political leadership than ever before.
Drudgereport: BLACK CAUCUS ON OBAMA: 'WE'RE GETTING
TIRED' [ Not as tired of wobama’s b***s*** / excuses as the ‘White Caucus’
and any other Caucus – but, don’t be taken in by their b***s***; they’ll ‘back
the black’ every time, regardless! ]New low of 26% approve of Obama on
economy...
Inflation builds...
FOOD PRICES RISING...
UNEMPLOYMENT UP...
OBAMA TO LAY OUT JOBS PLAN -- AFTER VACATION...
'Takes More Vacations Than Any Human Being I've Ever
Seen'...
Commiserates with jobless, then off to the
Vineyard...
Even
that italian, belafonte, isn’t buying ‘wobama brand(ed)’:
Drudgereport: HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality
[ http://albertpeia.com/grimreality.htm
Rank |
|
||
# 1 |
11,877,218 |
|
|
# 2 |
6,523,706 |
|
|
# 3 |
6,507,394 |
|
UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore cases that involve black
defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold
Wall Street accountable for the meltdown.
THE OBAMA DECEPTION’
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Democrats strike back on taxes
Obama and others are gambling that voters will see GOP’s stance as recalcitrant
and out-of-touch. (Washington Post) [ Ooooh! ‘The Empire Strikes Back’! They’ve
done it again! Brilliant political gambit! Checkmate in 2 … 012 … NOT! … Come
on! While perma-war/wall-street-fraud-etc.-lovin’ republicans, as democrats,
are complicit in this mess called pervasively corrupt, defacto bankrupt
disunited states of america, recalcitrance and out-of-touch is hardly the
exclusive province of one party or the other which have in large measure
morphed into one conglomeration of venality, self-interest, crime, incompetence
and corruption. Actions, not words, count! Results count! How ‘bout recounting
the actions, results! Dismal at best, globally embarrassing at worst! Italy unveils plan to calm
fears of escalating crisis (WP) [ Yeah, dem piigs were back in the news. ’ Dem PIIGS still got problems. Europe’s debt crisis threatens
Italy (WP) [ Yeah, dem’ darn PIIGS.
Reminds me of that joke (I won’t repeat it here except the punch line):
‘That’s black bart’s girl’. Pelosi: ‘We are not Greece’ ( but greecy Italy Italians voice concern
over Italian debt crisis scenario [ Whew! Close call! There you go. Nothing to
worry about now that wobama’s got a boehner … so not to be so hard on them; if
pelosi says it, it must be true … Not! …Pervasively corrupt, defacto bankrupt
america, they, she look pretty greecey to me. After all, if the same’s wobama’s
‘far-reaching plan on debt’, we all know ‘wobama the b’ (for b***s***) is total
b***s*** which means like Greecey PIIGS they’ll be back to the trough for more
… slop … py. Deficits And Stimulus Only
Delay The Inevitable Collapse Bob
Chapman |
America is
insolvent and has been so for a long time. US Is in Even Worse Shape
Financially Than Greece: Gross When adding in all of the money owed
to cover future liabilities in entitlement programs the US is actually in worse
financial shape than Greece and other debt-laden European countries, Pimco’s
Bill Gross told CNBC Monday. Maierhofer:
‘USA INCOME STATEMENT:Total federal spending in 2010
amounted to $3.456 trillion. Total receipts added up to $2.162 trillion. USA
Inc.'s 2010 deficit was $1.294 trillion.The 2011 federal budget is $3.7
trillion with a projected deficit of$1.6 trillion. …USA BALANCE SHEET: Consensus estimates for unfunded obligations vary.
Mary Meeker pegs the shortfall at $31 trillion, PIMCO's Bill Gross estimates
the unreported debt to be $75 trillion, while other estimates exceed $100
trillion (these amounts are insurmountable) …’ Famed economist predicts economic calamity
in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 Watch for
fake gov’t data / reports owing to political desperation! Why You Shouldn't Buy Into
This Plunge Forbes/O'Neil‘The market is building
momentum to the downside’. Wall Street closes worst week since '08 with wild day NEW YORK (Reuters) S&P on U.S. downgrade:
Debt pact 'falls short' - Reuters S&P downgrades US credit rating from AAA S&P Shocks the U.S. with Credit
Downgrade to AA+ from Prestigious AAA Rating Wall St. Cheat Sheet What Recovery? Forbes ‘…we can’t call this a recovery. There’s no
reason to celebrate when a job report was better than expected. Why? Because
the expectation was abysmal to begin with. And while we’re at it, we can’t
ignore increasing sovereign debt problems in Europe…’ ‘Top 3 Reasons Markets Erased
the Year’s Gains Wall St. Cheat Sheet 1) Japan and Europe 2) Unemployment.3)
Capital goods - billions of dollars in lost revenue. 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 that warns of phase II of the global crisis… My work
shows that “the new recession has started.”… Over the past 33 years, we have
called the start of every recession, often on the exact month, or within one
month, of the official start as determined one year later by the official
arbiter of recession, the National Bureau of Economic Research (NBER)… However,
inflation is far understated for political reasons. 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, according
to free market economists who calculate inflation as it was done in 1980 before
the politician re-engineered it, is now more than 11%. Using that to adjust GDP
for inflation, would show that the economy is now in a very sharp contraction…’FLASHBACK
HERE: Selling In May Is Very Good
Advice This Year Harding Remember: Sell
in May and Go Away and If You’ve Not Sold by June, You’re a Loon! ‘ ‘Albert
Edwards: Thinks the Market Could Fall 70%’ [ He’s not alone! PRECHTER: We're Still In A
Massive Bear Market And Stocks Will Crash To New Lows Stock Market: 4 Current
Warning Signs Navin ‘…1) The 5-year high
in the level of insider corporate stock sales is telling. At 565 sells for
every 1 buy, it’s never been higher.
Stocks plunge on Europe’s
banking worries (Washington
Post) [ Oh … so that’s what happened … those european banking worries … sure
coulda’ fooled many here stateside who are, in light of dismal realities here,
yellin’, ‘look homeward hell’s angels’. This sounds like a job for … Rosanne
Rosanna Dana, formerly of SNL
fame and as her mama always used to say, which is also her hypothesis, ‘it’s
always somethin’ … (but unfortunately, that somethin’ is not necessarily what
they say it is). How ‘bout the fact that stocks are substantially over-loved,
over-valued owing to a multitude of (wall street benefiting) fraudulent
artifices which are intended to obfuscate, as in the last and ongoing debacle,
their most current computerized manipulated
churn-and-earn high-frequency trading bubble-bull cycle in this unmistakably
secular bear market. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed! Train Reading: The Stock
Market Is Insane The Wall Street Journal Stocks rally off lows to suck
suckers in and keep suckers sucked in on bad news (Jobless Claims, Inflation Rise
More Than Expected CNBC) , fraud ( SEC
destroyed documents, senator says ),
and b***s*** alone! MKM Bracing For SPY To Drop 8%
More; Nasdaq Nearing August Lows Barrons.com, WHY NEW LOWS ARE LIKELY 8-18-11 Maierhofer, Is It 2008 Again? Looking at the
Summer Crash of 2011 Gayed ‘A real bear market has begun …’ , Abandon Ship?[The USS Titanic] Yes, Because of These 5 Bearish
Icebergs ... McGill , There's A Recession Coming
According To The Data at Forbes , HP, Dell hammered as tech-spending outlook darkens JDSU,
NetApp, disappointing figures, shares hit hard in after-hours trade Dell
braces investors for a bumpy road Dell makes a case on why it can
better weather an upcoming storm , S&P says sell Google's shares after Motorola deal
, STOCKS FALL AFTER FLOOD OF BAD
NEWS: Here's What You Need To Know
Joe Weisenthal , Stocks Slip On Concern Over Europe's
Debt, U.S. Data , Watch Out: 2011 Looks A Lot
Like The Market Top In 2007
Sean Hanlon Take A Lesson From 2007 And
Sell Stocks Now at Forbes, [video] Trader: We Could Test
1120 Lows at TheStreet.com
In a Downtrend, Sell a Rally
(Daily FX) Latest: Economist Who
Predicted Market Crash Warns of 2012 Aftershock. See More Here. Famed
economist predicts economic calamity in 2012. See the evidence.Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1 50% unemployment, 90% stock
market drop, 100% inflation. See the Evidence (Newsmax.com
Compendium of
Important Business / National / World News / Topics / Articles / Headlines
http://albertpeia.com/articlelinkspage3.htm
Drudgereport: TEMPLETON chairman: Financial Crisis 'Around
Corner'...
'WE ARE ON THE VERGE OF A GREAT, GREAT DEPRESSION...'
Obama Economists Admit: 'Stimulus' Cost $278,000 per
Job...
GALLUP SHOCK: 'REPUBLICAN' BEATS OBAMA BY 8%
GALLUP: APPROVE DOWN TO 38%...
Highest Negative Rating Ever...
DOJ raids guitar factory...
UPDATE: GIBSON GUITAR CEO slams raids as
'overreach'... [ With unprosecuted securities fraud in the
trillions, and my own experience with the ‘DOJ’ that has covered up serious
RICO crimes, etc., http://albertpeia.com/fbimartinezcongallard.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
, I find this somewhat incredulous in terms of
priorities!]
JOBS: ZERO...
BROKE: POST OFFICE SYSTEM MAY SHUT DOWN ENTIRELY THIS
WINTER... [Good! Let UPS take them over … the usps is totally
unreliable]
AMERICA FALLS TO 5TH PLACE...
46.2 million Americans are now poor...
22% of children in poverty...
Dramatic drop in median income...
Likely to worsen...
POVERTY SOARS
SETS NEW RECORD
POLL: OBAMA 41% ANY REPUBLICAN 47%...
RE-ELECT: 41%...
'AIMLESS OBAMA WALKS ALONE'...
'Loner'...
AP: Disconnected from reality...
STUDY: USA not in top 10 for starting a business...
NEW DOWNGRADE THREAT
NUMBER OF 'NEAR POOR' STARTLES CENSUS...
MSNBC Matthews Turns On Obama...
'I Hear Stories That You Would Not
Believe'...
COMPANY SHOCK: 'WE'RE NOT HIRING UNTIL OBAMA GONE'
OBAMA LOSES SUPPORT FROM BLUE COLLAR DEMS...
RUSSIAN ANCHORWOMAN FLIPS OBAMA THE BIRD...
FITCH TURNS NEGATIVE ON US
Obama's Job Approval Drops Below Carter's...
S&P Downgrades Dozens Of Global Banks...
REPORT: Hank Paulson passed inside information to
fund managers...
'OBAMA IS A CORPORATE PUPPET'...
Support for Obamacare hits new low...
RE-ELECT AT 43%
GALLUP SWING: OBAMA BACK DOWN TO 41% APPROVE, 50%
DIS...
USA Closes 2011 With Record $15.22 Trillion In Debt,
Officially At 100.3% Debt/GDP...
Levin: Obama's Comment 'Forthright Statement Of A Dictator'...
RUBIO TO OBAMA: YOU'RE TURNING AMERICA INTO 'DEADBEAT
NATION'...
GROUP PLANS TO FLY 'IMPEACH OBAMA' BANNER OVER SUPER
BOWL...
RON PAUL SAVAGES SANTORUM AS 'CORRUPT'...
WAR DRUMS: Iran, Israel and US plan Gulf exercises...
Diamond Prices 'To Jump 20%', Outperform Gold...
RUBIO SENDS WARNING
LETTER TO OBAMA: DEBT SOON 'WELL ABOVE $16 TRILLION'... DEVELOPING...
10-26-12 Absentee ballots sent to U.S.
military serving in Afghanistan 'destroyed in crash'...
Romney seizes on sluggish
growth figures...
Burning through O's
'firewall'...
Desperation? White House
Considering New Tax Cut...
R 51% O 46%...
R 50% O 47%...
R 49% O 48%...
Bust of Barack Obama's head
-- made of butter! -- tours the streets of Chicago...{ And not vice
versa (as in that far from reality fairy tale vis-à-vis the big Cats: the
Tigers say, ‘No Way!’) as (b.s. black) sambo(bama) is goin’ down (deservingly
so) for the count! }
REPORT: Vanloads of
Somalians driven to the polls in Ohio... { ‘Is voter fraud being committed in Ohio?..According to the Somali Community Association of
Ohio’s web site, over 45,000 Somalis live in Ohio. Only 40 percent have become
citizens of the United States, and only 25 percent speak English well enough to
get a job..’ …Yes, they are typical dumb niggers for wobama! }
KRISTOL: Petraeus Throws
President Under Bus... {Oh, right! Petraeus doesn’t fall on his
sword and sacrifice himself for the incompetent liar in chief called ‘0’ as did
hillary clinton; so somehow in some twisted way that becomes Petraeus’ fault.}
Senators demand White House
declassify Libya video...
CIA OPS 'DENIED HELP' THREE TIMES DURING BENGHAZI...
Father of Slain SEAL: Who
Made the Decision Not to Save My Son?
OBAMA DODGES DURING LOCAL TV
INTERVIEW...
In Iowa, disappointment with
Obama runs deep...
Iconic NY Steakhouse
'Gallagher's,' Which Survived Great Depression, Is Closing...
Taxpayer-funded 'green'
company investigated for fraud...
AUDIT: Green jobs stimulus
program had 16 percent success rate...
Over $60,000 in Welfare Spent
Per Household in Poverty...
Historical treasures missing
from National Archives...{Yeah…time to check Fort Knox, New York Fed
($4 trillion already previously has been reported missing).}
Romney signs, American flags
torched in veteran's yard... { Terrorists at work for wobama! }
R 50% O 47%...
R 50% O 47%...
R 50% O 47%...
MI: O 47% R 47%...
DETROIT NEWS endorses
Romney...
Wisconsin company announces
layoffs ahead of Biden arrival...
October Sets New Record For
Disability Claims: 8,803,335 Collecting Benefits...
Father Of Slain SEAL: Obama
'Could Not Look Me In The Eye...Like Shaking Hands With Dead Fish'...
Video snags Dem boss in vote fraud...
Son resigns...
'HE'S A BULLSHITTER'... { Yes, obama is an
incorrigible b***s***ter! He’s gotten by on b***s*** and special nigger
consideration his entire life. He is a total embarrassment! } ‘Four years after
he was elected as a self-described 'hopemonger' promising a new post-partisan
era, President Barack Obama is trying to claw his way to re-election with an
ugly, divisive campaign in which he is playing the role of fearmonger-in-chief…’ { He’s a desperate, failed megalomaniac
who is also a pathological liar along with other mental issues/troubles ( WH: 'We Decline to Comment'
on When President Learned of E-Mails... ) Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign
trail’ littered with the cowpies of stark reality. People owe themselves and
their children more than this grifter’s con which in numbers measures more than
the increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport: UPDATE: Obama gives himself
an 'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to love Romney but you at least have to
like yourself in saying ‘NO!’ to more wobama b***s*** which is all that he is.
Have some self-respect. His grade is unequivocally ‘F’ for failure, having
failed to do as promised which coincidentally is a direct cause among others of
this debacle called america’s dark obama years. All the talk/b***s*** cannot
change that reality. }http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom
Gang Bangin’ { This brief video (11 mb) is well done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
O Booed at university's
Military Appreciation Day football game...
RASMUSSEN: R 50% O 46%...
GALLUP: R 51% O 46%...
R 50% O 46%...
R 50% O 47%...
R 49% O 48%...
R 47% O 46%...
OHIO: R 48% O 48%...
MI: O 47% R 47%...
Fmr Dem Chair: CO 'Worst
Swing State'...
Romney, Ryan draw massive
crowds in Colorado...
GOP moves into Wisconsin...
Emails detail
unfolding Benghazi attack on September 11th...
6:07 PM 9/11/12:
'Ansar al-Sharia Claims Responsibility'...
Obama challenges press to
find flip-flops --
and they do...
Woodward: President 'mistaken'
on sequester...
Clint: 'Second Term Would be
Rerun of First'...
Chicago Store Owner Labeled
Racist For Anti-Obama Signs...
Police: Black Woman Lied
About KKK Setting Her On Fire...
Obama Has Massive Lead -- in
Other Countries...
TRUMP TO OBAMA: Release
college, passport applications, I'll donate $5 million to charity of choice...
Goes bust on TWITTER...
ALLRED MET OBAMA TWO WEEKS
BEFORE 'OCTOBER SURPRISE'
ALLRED HITS DEAD-END IN
ROMNEY DIRT DIG?
2ND HEARING SET...
SURPRISE: Feds sue BANK OF
AMERICA...
RASMUSSEN: R 50% O 46%...
GALLUP: R 51% O 46%...
POLLS: ROMNEY TAKES LEAD IN
FAVORABILITY...
VIDEO: Romney Wins CBS Focus
Group In Ohio...
STOCKS ROCKED: DOW
-200...
Obama Supporters Continue
Threats To Riot, Assassinate Romney... { Tweets Reveal Obama Supporters Fueled by ‘Racial Hatred’ Paul Joseph Watson | Chris Matthews gets it
wrong again. (Indeed he does!) }
MSNBC crowd boos 9-year-old
girl for supporting Romney... {Oooooh! Wobamanoids are so effective
in targeting the ‘opposition’!}
Son Of WI State Senator
Attacked Protecting Romney/Ryan Sign... ...
5-year-old girl raised by
monkeys... [ Come on … leave wobama’s daughters out of this……….. my
payback (Do not talk to President Romney that way!) for President 'insulted,
patronized, mocked' his opponent... What can wobama say? He has but a record of abject
failure to run on! And, the record IS unequivocally utter failure! All the
choom fantasy, fellow nigger intimidation and threats will not change that
fact! ]
Image of Romney crops up in
Iowa farm field...
Chavez, Castro, Putin ( among
others in the ‘pro-america’ block ) endorse Obama...
ISSA TURNS UP HEAT ON
SEBELIUS...
FABER: Cut US Govt. By 50% Now!
PAPER: Obama's Blind Eye to
Illegal Donors...
Taxes go up in 2013 for 163
million workers...
Man busted for throwing
pennies into Dem HQ; 'All he has left after being taxed by Obama'...
SIMON: Should Obama Resign Tonight?
International
(pro-obama) monitors to watch US elections...
Obama Campaign Borrows $15M
from Bank of America...
Gov't Foreign Debt Now
$47,495 Per Household...
$10,090/Household
Owed to China...
{ Nigger Terrorist at Work Mass
Shooting At Brookfield Square Mall In Wisconsin Submitted
by Tyler Durden on 10/21/2012 Breaking news
of a mass shooting at the Azana
Salon and Spa at the Brookfield Square Mall. Details still scarce but at
least 4 people reported wounded and 3 more patients expected, emergency
responders are on the ground, and the mall has been put on lockdown. The
shooting suspect, who is said to have used a machine gun, is still at large.
Updates via @USEmergAlerts:
BROOKFIELD SQUARE | U/D SUSP BLACK MALE 6'1"
270 LBS. BALD. BROWN EYES U/D BPD RQST A MILWAUKEE SWAT TEAM
& FLIGHT FOR LIFE IS ALSO LANDING AT THE NE CORNER OF BROOKFIELD SQUARE |
UEA555 }
Son Of WI State Senator
Attacked Protecting Romney/Ryan Sign... ...
REALCLEAR MAP: Romney takes first
lead in electoral college...
Closing 26-point gap,
Romney's favorability rating tops Obama's for first time...
PA SHOCK POLL: R 49% O 45%...
VA: R 50% O 47%...
FL: R 51% O 46%...
GALLUP: R 51% O 45%
(10-19-12)...
Lifetime Democrat Lee Iacocca
Endorses Romney...
Jesse Jackson Jr. may return
to Mayo Clinic...
Off campaign trail since
June, checks still paid to wife's consulting firm...
Has spent $110,000 since Rep
dropped off...
CHICAGOLAND: Pack of Teen
Girls Arrested For Armed Robbery...
WELFARE SOARS 32% IN 4
YEARS...
Now costs
$1,030,000,000,000...
Jobless claims rise most in 4 months...
Obama DOES Have
Investments In Cayman Islands Trust...
... and has a
bigger pension than Romney!
Under president, for every $7
brought in by gov't, $11 spent...
REALCLEAR MAP: Romney takes
first lead in electoral college...
{ Any state that President Romney doesn’t carry is going to suffer! }
OH: O 49% R 48%...
MI: O 44% R 41%...
WI: R 49% O 48%...
R closes
11-point gap in just two weeks...
O Brags About His Appeal
Among Toddlers (sure…them among other young people who don’t understand how big
a failure 0 is and how substantially he’s screwed them and the nation for years
to come!)...
OBAMA ON COMEDY CENTRAL:
'WHEN FOUR AMERICANS GET KILLED, IT'S NOT OPTIMAL' [ 0’s such a
joker/failure/joke! ]
Violent crime jumps 18%,
first rise in nearly 20 years...
DICK MORRIS: Romney won the
second debate...
Threats to Assassinate
Republican Romney Explode on TWITTER After Debate...
REPORT: White House
contradicts president's statement on Benghazi terror attack...
Despite Pledge of Open
Government, Obama Prosecuting Whistle-Blowers as Spies...
'When I Was President'... { Indeed, past tense for O and more than a
Freudian slip as he heralds in new President Romney, writing on the wall though
noit his teleprompter!
CAUGHT ON TAPE: Michelle O
Broke Rules, Clapped During Debate...
'On Nov. 7, We're Going to
Party Hard'...
U of Colorado Study: 77%
likelihood Romney wins popular vote...
Record High Enrollment for
Food Stamps: 46,681,833...
FOURNIER: Verdict
Uncertain...
TREAT: Candy gives Obama 9%
more time...
TRICK: Candy 'Throws the
Flag'...
CANDYLAND: Romney was 'right
in the main' on Benghazi, but 'picked the wrong word'...
Another debacle for America's
media...
Reporters applaud Obama's
slam on Romney's wealth...
Pelley: 'Most Rancorous
Debate In History'...
'Nauesating'...
Reporters Get Drunk at
Debate...
LUNTZ GROUP: BIG SWING...
A Frank Luntz focus group
made up mostly of former Obama voters say they now support Mitt Romney.
"Forceful, compassionate, presidential," one participant said.
"Confident and realistic," said another.
"Presidential," another told Luntz.
"Enthusiastic," another reacted.
"Our next president," one man said.
"Dynamo, winner," said one more.
"He's lied about everything. He lied to get elected in 2008, that's why I
voted for him. I bought his bull. And he's lied about everything, he hasn't
come through on anything. And he's been bullshitting the public," one
member of the focus group said.
Farrakhan's Fiery New Warning
to USA: 'Every Plague Written in Koran is Going to Come to Pass'...
{ farrakhan’s really only talking about (all plagues rolled into) one plague;
viz., the plague of the nigger which is extant despoliation wherever the
niggers are, in the worst sense! Yes,
they are the other, more nefarious black plague! }
Violent crime rises
sharply... ‘6:53PM EDT October 17. 2012 - WASHINGTON — The violent crime rate went up 17% last
year, ending a general decline in violence that began nearly 20 years ago,
according to a new federal survey of crime victims.The Justice Department's
National Crime Victimization Survey also found an 11% increase in the rate of
property crimes, including household burglaries and car theft.’ { Come on!
Perenially understated, these understated crime numbers don’t even take into
account ‘protected/unprosecuted’ wall street frauds/crimes in the trillions.
And, how about those fed paper bucks that ‘fell off the fed trucks’ even just
recently; kind of like those 360 tons of $100 bills ($12 billion) flown into
Iraq that just ‘disappeared into thin air, etc.. }
Driver Doesn't Stop For 8
Blocks As Men ( two niggers ) Viciously Beat Woman On Public Bus...
Greece faces anti-austerity
shutdown as EU meets...
'In depression'...
GALLUP: WOMEN TURNING AWAY
(from MO O)...
'Stunning He's ( obama) in Politics, Because He Really Doesn't Like
People'...
TONIGHT'S DEBATE 'DO OR DIE'
FOR OBAMA...
Questioners Face $4,492 Tax
Increase Next Year...
BUCK STOPS WITH ME:
HILLARY TAKES BLAME...
Pins confusion on 'fog of
war'...
Hillary Clinton to Obama in
2008: 'The Buck Stops In The Oval Office'...
Dem Political Signs Scaring
Away Customers in VA...
Camp O attacks GALLUP
again...
Jesse Jackson Jr. Speaks:
'Not well'...
Thought he was 'reincarnated
chariot driver'...
Battery maker with $249
million in taxpayer cash goes bankrupt...
CEO touted 'green jobs' in
Rose Garden...
STATE DEPT:
Negotiations to keep troops in Afghanistan past 2014...
FLASHBACK: Biden: 'We are
leaving in 2014. Period'...
GOV'T STUDY CONFIRMS 'GAYDAR'
EXISTS, 60% ACCURATE... http://albertpeia.com/governmentwaste.htm
Coburn calls Senate cohorts
biggest waste in government...
GALLUP: WOMEN TURNING AWAY
{ A new USA TODAY/Gallup
Poll of the Swing States shows Mitt Romney with a lead among likely voters as
he strengthens his standing with women in the nation's top battlegrounds. }
New
Threats to Riot if Obama Loses Election...
[ The threats alone are a reason sufficient for backing President
Romney. If left unchecked, the nigger terrorists will be even further
emboldened to their already egregious criminal, terroristic ways. No man,
woman, or child will be safe if the lethal black cancer grows. The 4 years of O
have been complete, utter failure and no amount of wobama b***s*** and nigger
intimidation can change that fact! Quite simply, niggers are inherently
criminal terrorists: Examples
of what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY
! ….
Mannnn OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected? #Riot in the
streets!!”
(SOURCE)
“If Romney becomes president let’s all start a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA
START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot! Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election based upon
american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re inclined/predisposed
to do anyway, and in one lawless form or another, are already doing. Prison or
sub-saharan Africa are the only places suitable for niggers. Let no man, woman,
or child fall prey to their intimidation and uncivilized violence. 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 } ]
Farrakhan
warns forces trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND:
For second time, grandmother learns a grandson is shot to death...
5 dead, 25 wounded over weekend... { Just another day in niggerland! }
Catholic Bishops Slam Biden
Remarks...
REPORT: GM has lost $6.5
billion overseas since bailout...
Pelosi claims she read entire
2700 page Obamacare bill... { Riiiiight! And, just as Woody Allen
quipped about having read War and Peace at (Evelyn Wood?) break-neck
speed-reading pace, ‘it was about Russia’, so too can incompetent flake,
not-too-bright pelosi say, it was about healthcare. }
Arlen Specter dies...
{ I’m glad he’s dead! He was a truly corrupt kike, going all the way back to
the warren (fiction) commission to the present. He’s helped cause a lot of
damage to this country! }
Shot Fired Through Window at
Obama Campaign Office in Denver...
Will The Election Results Cause
Riots?
WIRE: Do black people support
Obama because he's black? { Do bears s**t in the woods? Is the Pope
Catholic? Come on! Everybody knows that’s the case; and, surprisingly, those
self-destructive losers who are white et als supporters of obama, in light of
obama’s demonstrated 4 years of failure, must be doing so this time around for
no other reason as well. How totally tragic and pathetic at once! }
Presidency 'has not helped
cause'...
VIDEO: Dems joke they'll get
enough votes to win -- even a couple of days late!
CAMPAIGN FREAKOUT!
OBAMA LOCK UNDER 10 STATES
As Election Day nears, Romney crowds are surging...
Geithner defends (indefensible) O as deficit again tops $1
trillion...
China's yuan hits record high against dollar...
BIG BANK SCORES RECORD PROFIT!
Fed Money Pumped It Up...
WYNN: My Employees
'Filled With Anxieties These Days'...
'Every Business Guy I Know Is Frightened Of Barack
Obama'...
Biden claims he voted AGAINST two wars he voted FOR...
REPORT: 'Fast and Furious' Whistleblower Fired in DENNY's
Parking Lot...
PAPER: Feds now probing suspicious activity in Rep. Jesse
Jackson Jr. finances...
UPDATE: Hezbollah drone may have been sent to monitor
Israel's nuclear facility...
Shot Fired Through Window at Obama Campaign Office in
Denver...
Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity in every calamity and not
vice versa. Indeed, President Romney’s election based upon american people’s
survival instincts and an awakening from the wobama b***s*** slumber of decline
will provide the opportunity to incarcerate the niggers who will use such as an
excuse to do what they’re inclined/predisposed to do anyway, and in one lawless
form or another, are already doing. Prison or sub-saharan Africa are the only
places suitable for niggers. Let no man, woman, or child fall prey to their
intimidation and uncivilized violence! 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 }
FLORIDA: R 51% 0 44%...
Biden, Ryan at each other on
everything...
TENSE...
CNN POLL: R 48% B 44%...
Chris Wallace: I've never seen
a candidate as disrespectful as Biden...
Borger: Came Off As
Condescending...
Hume: 'Cranky Old Man'...
Noonan: 'The old man pushed, and the kid pushed
back'...
Biden Interrupted Ryan 82
Times?
RNC AD: THE LAUGHTER...
REALCLEAR MAP SHOWS SHIFT...
OOPS: 'One large state didn't report some quarterly
figures'...
SURPRISE: Jobless claims plunge...
Officials don't ID mystery
state...
Biden contradicts State
Department on Benghazi security...
Romney meets with Rev. Billy
Graham...
'I'll do all I can to help you'...
Hungarian-born billionaire
buys airtime to warn against socialism...
Carlos Slim, World's Richest
Man, Gets Richer Supplying 'Obamaphones' To Poor...
R 49% O 44%
CAN HE GET
THEM BACK?
10-11-12: Ryan prepares to
take on Biden...
70 million watched VP debate
in '08...
Commission dismisses
Raddatz-Obama connection...
Conflict of interest?
Obama Defends Debate
Performance: 'I Was Just Too Choomed Out, Nothing to Say'...
Campaign tries to quell
panic...
Dems frustrated by 'Big Bird'
turn...
Unions struggle to help...
Jack Welch: I Was Right About
That Strange Jobs Report...
Ohio Obama Rally Features Rap
Rendition of 'Sesame Street' Theme Song...
ROMNEY: 'You have to scratch your
head when president spends week talking about 'Big Bird''... { Indeed! But, don’t scratch too hard; after all, what else can he
talk about? He can’t talk about his record
of unequivocal failure. He can’t talk about broken campaign promises (that would take ages). And, he can’t talk about solutions to the nation’s problems … because he has none which he has proven in 4 wasted, failed years.
Moreover, wobama’s absolutely clueless as
to what to do to solve the nation’s substantial problems, some caused/exacerbated by his own incompetence and
failure. }
Mother of Slain State Dept.
Official Tired of Being Lied To and Stonewalled by Obama Administration...
Spain Downgraded to One Level
Above Junk...
PAGLIA: FORGET OBAMA, I'M
GOING GREEN PARTY...
REPORT: 'Most sophisticated,
professionalized and successful doping program that sport has ever seen'...
Teammates turn on Armstrong...
26 testify... { So much for the atheist armstrong; what a
total fraud! Kind of like that other armstrong american fraud; the late, but
not great, moony armstrong! }
CEO explains memo threatening
layoffs if Obama re-elected...
FEDEX to cut thousands from
workforce...
FACEBOOK Fought SEC to Keep
Mobile Risks Hidden Before IPO Crash...
STATE DEPT SPINS NEW TALE ON
BENGHAZI ATTACK...
POLL: Romney leads in 11 swing states...
Takes lead in OH...
PA, WI, MI close...
Biden Has Not Sat for On-Camera Nation TV Interview in 5
Months...
CEO Threatens to Fire Employees If President Is Reelected,
Raises Taxes...
Chain Cuts Workers' Hours over Obamacare...
Steve Wynn Slams Obama: 'I'll Be Damned If I Want To Have
Him Lecture Me'...
Ohio Obama Rally Features Rap Rendition of 'Sesame Street'
Theme Song...
ROMNEY: 'You have to scratch your head when president
spends week talking about saving 'Big Bird''...
PANIC: Romney signs in VA defaced, stolen and smeared with
excrement...
VIDEO...**WARNING: GRAPHIC LANGUAGE**
GALLUP: 5-POINT ROMNEY
BOUNCE...
PEW: 18-point shift among
women...
POLL: Romney leads among
independents 51-35...
'Enthusiasm' gap 13-point
spread for Republican...
R closes gap in Michigan...
R 49% O 47%
University of Colorado: Updated election forecasting model still points
to Romney win...
PAPER: Why Obama's campaign is falling apart...
SULLIVAN: SOS OBAMA
VEGAS REVIEW JOURNAL ENDORSES ROMNEY...
Romney casts Obama's foreign
policy as weak, dangerous...
MILITARY TIMES POLL: R 66% O
26%...
BOUNCE: R 49% O 47%
8-point shift for Romney in
Colorado...
Romney raises $12 million in
48 hours...
OBAMA RAISES $181 MILLION IN
SEPT -- JUST 2% OF DONATIONS REPORTABLE...
Super PAC Donor on Obama:
'Looks Like He Took My Million and Spent it All on Weed'...
TEAM OBAMA BLAMES JOHN KERRY
FOR DEBATE LOSS...
Man Tells Obama: Business
'Terrible Since You Got Here'...
NH voter: ‘O Couldn't run a lemonade
stand'...
SNOOP DOGG TWEETS 10 REASONS
NOT TO VOTE FOR ROMNEY...
'He a white n****'...
'Bitch I will beat the sh** out of you'...
Police Union Warns 'War-Like'
(nigger-town) Detroit Unsafe For Visitors...
Hands Out
Flyers: 'ENTER AT YOUR OWN RISK'...
GAS PRICES SET RECORD IN CA
Filling stations across state
run out, shut down...
'What are they doing to us?'
Obama fundraiser with Katy
Perry to snarl traffic...
REPORT: Intelligence officials accuse administration
of 'cover-up' in Libya...
WHITE HOUSE POINTS FINGERS...
Email Shows State Dept.
Rejecting Request of Security Team at Embassy...
34 security personnel pulled
in 6 months before attack...
Boy writes letter to editor
after shelter kills cat...
'Grown-ups killed my kitty'... To the editor: My name is Rayden. I am 8 years old
and I live in Logan. Yesterday grown-ups killed my kitty, my best friend, when
they weren’t
supposed to. Because I really don’t know how to write, my PaPa is writing down the
things I think and say. My kitty’s name is Toothless. When I got him I had just seen “How to Train a Dragon” at the movies. My kitty
looked just like the dragon Toothless with big green eyes and the hair around
his head. Toothless, my cat, has long fluffy hair and sleeps on my bed and loved
to play with my brother and me. Toothless would let us carry him around all the
time. He was our best friend. Last week he didn’t come in at night.
Sometimes he does that, but this time he didn’t come back. After two
days my little brother Devin, who is 5, and I went to every house on our street
and asked everyone if they had seen Toothless our cat. Everyone said no. We
were worried and scared something was wrong. On Wednesday after work my
dad went to the animal shelter as it was closing. They didn’t want to let him in, but
they did. He asked if there was a cat with long black fluffy hair there. They
let my dad in to look at the cages, and there was Toothless! He was curled up
laying in the back of the cage very scared. When my dad made his funny meow sound
that he does to make him come home, Toothless jumped up and came to the screen
and rubbed up against it and was so happy to see my dad, and he wasn’t scared anymore. My
dad wanted to take him home, but they said he had to go to another office
building and pay a fee. The lady at the shelter said it would be OK and told
him to come back the next day and we could get Toothless. When my dad came home
and told my little brother and me he found Toothless we were so happy and we
weren’t
scarred or worried anymore. My dad went back the next day to get our kitty
and they told him they didn’t have any long-haired black cats. They only had a
white fluffy cat. My dad waited a long time for the lady to come back and talk
to him. The same lady that told my dad to come back the next day said she was
sorry. She had forgotten to leave a note to tell the people my dad would be
there for Toothless and they had just killed my cat that morning. She had just
forgotten to write a note to save a member of my family. They killed him and I
don’t
know why. My dad found out where he had been picked up and it was our
neighbors down the street that don’t like cats and dogs. They had caught him in a trap
and gave him to the police to take him away. When Devin and I knocked on their
door and asked if they had seen Toothless they told us no, and that was a lie.
My dad and mom tell me and Devin not to lie and that is right. I didn’t think big people lied
because they are grown ups and know what is right. Now I don’t know what to do. My cat
Toothless is dead; the people that killed him didn’t even give him to my dad
so we could bury him. What do I do now? Rayden Sazama Logan Editor’s note: Cache Humane Society Director Brenda Smith
confirmed Rayden’s story that an animal shelter worker forgot to leave
a note to halt euthanization of the Sazamas cat. { The shelter/city should be sued and the employees involved
should be fired for cause! }
BOUNCE IN POLLS:
R PULLS AHEAD IN VA...
R +3 IN FL...
R +3 IN OH among those 'certain' to vote...
REALLY! 7.8%
Total employment 'highest one-month jump in 29 years'...
Welch: President manipulating numbers after debate
performance...
BLS economists donate to Obama campaign?
Rate Plummets to 4.3% -- For Govt Workers...
Report met with suspicion...
ROMNEY: Rate more like 11%...
OBAMA: Can't turn back now...
SEPT. EMPLOYMENT:
+114,000...
Aug. number revised to +142,000 -- from +96,000...
Welch: Obama manipulating numbers after debate
performance... { There are
some people (and their assessments) that you might dismiss as light-weight
partisans… Jack Welch is not one of them! Indeed, among the rarest breed
historically of exceptional american CEO’s, Welch points to the folly of
preposterously a month before elections, on paltry/pathetic jobs numbers (
election year temp/part-time for manipulating stats along with the nebulous
‘stopped looking’ fudge factor) , following a disasterous debate showing (of
wobama failure and incompetence), the unemployment rate falls to just below the
‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is tantamount to
the obama 100% employment fantasy where literally everyone but him has stopped
looking for work and hence, not counted in compiling the unemployment rate (and
then those jobs in the millions lost and gone forever on his watch - what a
banana republic!). Come on, wake up!: JACK WELCH: OBAMA IS MANIPULATING THE JOBS
NUMBERS BECAUSE HIS DEBATE PERFORMANCE WAS AWFUL…UNBELIEVABLE JOBS
NUMBERS…THESE CHICAGO GUYS WILL DO ANYTHING…CAN’T DEBATE SO CHANGE NUMBERS.
}
O NO: CLINT WAS RIGHT!
Leno: 'Only Person Who Didn't
Tune In Was Obama'...
Campaign aides
'shell-shocked'...
Man Tells Obama: Business
'Terrible Since You Got Here'...
NH voter: 'Couldn't run a
lemonade stand'...
Deficit Tops $1 Trillion for 4th Year...
California Refiners Ration
Gasoline...
L.A. stations run out, close
pumps...
Gas Prices Likely to Rise Through Election...
SKYFALL
RATTLED, O GOES ON ATTACK...
BUCHANAN: Romney: Best debate
performance in 52 years...
John Sununu calls Obama 'lazy
and detached'...
FLASHBACK: 'There's a laziness in me'... {
Of course O’s lazy…niggers are lazy…that’s just the way they are…don’t blame the niggers, they
were born that way! And, what about the audacity of wobama the b for b***s***
talking about specific plans by President Romney when wobama’s ‘plans’ last b***s*** campaign,
from war (continued) to prosecutions of the big wall street frauds (none) to
cutting the deficit (actually increased in record fashion), etc., etc. were
meaningless b***s*** when measured by what he did (zero)….Just like a nigger! When
are people going to awaken to the reality that obama’s just total b***s***
without the slightest clue as to how to achieve results through
work/performance, and is too lazy to really care! }
Was Obama rattled by
developing donor scandal story?
BIDEN: 'Yes, We Do' ...
Keept away from press...
AARP to President: Don't
mention us again...
67 MILLION: RATINGS JUMP FOR
DEBATE...
15 million
more than '08...
Left-Wing Websites Reject
Obama Ads, Say Campaign Undercutting Them By Working With GOOGLEAOL...
Harry Reid makes up quotes in
another attack on Romney...
NYT: 'President Xanax'...
Lost, bewildered without
teleprompter...
Gas prices in CA hit record
highs...
Supply
shortages shut pumps...
ROUND WON: Romney Seized Offense in Debate...
You Were Fighting For Obamacare, Not Jobs...
'The Path We’re Taking Is Not Working'...
FOURNIER: Cursed Obama Falls...
MSNBC MATTHEWS: 'What Was He Doing!'
Cutter takes swipe at Lehrer...
Carville: 'Romney came with a chainsaw'...
Andrew Sullivan: 'This was a disaster'...
UH O
Lost, bewildered without teleprompter...
CNN POLL: Romney Annihilates...
Van Jones: 'Was Able To 'Out-Obama Obama'...
LEFT TURNS ON O...
CA gas prices set to spike...
Man beaten, robbed -- inside grocery store!
Another sex scandal rocks Detroit...{
Was she the sex lackey of Detroit Blacky? …'The chief of police exceeded his
professional status,' David Robinson said. }
NATIONAL JOURNAL SHOCK POLL: R
47% O 47%...
BIDEN: Middle class has been
'buried' during Obama's presidency...
New Model to Predict
Unemployment Sees Rate at 8.1%...
POLL: Doctors choose Romney...
DENVER BRONCOS John Elway Endorses Romney...
CNN poll magically tightens as calendar turns...
PAPER: Obama will need all the luck that he can get...
RYAN: We Are Seeing Obama's Foreign Policy 'Unravel on Our TV Screens'...
'Holder must go' over Fast and Furious...
Hundreds line up for $1.84 gas in Michigan in Anti-Obama
Stunt...
2012 DEBT SURPASSES 2011...
Huge tax increase looms at year-end 'fiscal cliff'...
Jobs Outlook Weak as Companies Reporting Cost Cuts...
REPORT: Recovery faster for immigrants than US-born
workers...
U.S. MILITARY DEATHS IN AFGHANISTAN HIT 2,000....
AFGHAN SOLDIER KILLS 2 MORE AMERICAN TROOPS...
Biden Misstates Number Of Fallen Heroes...
Military absentee ballots going AWOL in 2012...
REPORT: 1 million Ohioans have 'Obama phones'...
RYAN WARNS: 'We need to tackle challenges before they
tackle us'...
Dollar Falls Most in Year...
UNIVISION report connects 'Fast & Furious' to murders
of 16 Mexican teenagers...
NETWORK FINDS 57 UNREPORTED WEAPONS...
VIDEO **WARNING -- GRAPHIC**...
RYAN: 'Holder must go'...
Jets owner: I'd rather Romney win -- than the Jets!
OCTOBER 1: OBAMA APPROVE AT 47%
POLL: O 49% R 47%...
POLL: O 49% R 47%...
Eurozone hits record high unemployment...
18.2 million jobless...
'INEVITABLE NEW
RECESSION'...
One in 10 EU
workers missed work for depression...
26% in UK diagnosed...
Greek youth unemployment hits 55%...
Top Five Worst Obamacare Taxes
Coming in 2013...
Romney: Debates a Clear Path
to Voters...
'We're going to win
Pennsylvania'...
SHOCK POLL PA: O 47% R 45%...
Leno Turns: 'We Wasted Four
Years Waiting For Obama To Do Something About The Economy' { Yeah, Jay! } ...
HOUSE CHAIRMAN CALLS FOR
AMBASSADOR SUSAN RICE'S RESIGNATION...
JAY-Z: I'M WITH OBAMA CAUSE
HE'S BLACK...
CHICAGOLAND: Black Gang Member
Tells Reporter, 'There Is No Solution To The Violence; Killing Is The
Solution'...
Member of 'Obama Boyz' gang
charged in St. Louis shootings...
Riots Between Black, Latino
Students Break Out At CA High School... { Yeah…Latinos not taking the
typical s*** from the niggers! }
MITT DEBATE PLAN: CALL OUT OBAMA LIES... { The
question is, do they have enough time to air all; so many lies, so little time!
}
GDP revised down to 1.25%...
Durable orders drop 13.2% -- 'worst since recession'...
SANTELLI: 'Depressingly weak'...
Census: Americans' Incomes Have Fallen $3,040 During
'Recovery'...
OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE...
SEIU Paid Protesters at Romney Cleveland Rally...
'$11 an hour'...
UPDATE: 3 ( yes, 3 niggers) arrested in vicious beating on
Capitol Hill (Do white/yellow/brown people for O have a death wish? After all,
he/holder have protected the violent, anti-white black panthers)...
DICK MORRIS: Romney 'Pulls Ahead'...
Romney: 'Pleased With Some
Polls, Less So With Others'...
Romney pays tax rate 'higher
than what 97% of Americans pay'...
SURVEY: 55% Of Small-Business
Owners Would Not Start Company Today, Blame Obama...
Sebelius to hit campaign trail
again -- after breaking election law...
Solution To Michelle Obama's
new school lunch menu: SNACK! { Riiiiight! There you go! After all,
chimps literally spend all day foraging for munchable snacks in the wild. But,
if you’re not a
chimp of leisure as moochelle, or just not a chump and busy with other things, ‘three squares’ will just have to do as
they always have! }
Post Office Prepares for
Second Default in Two Months...
Romney: President Doesn't Want
People To Know What Happened In Libya...
Libyan president: Anti-Islam
film had 'nothing to do with' attack...
Honeymoon Over as Markets Brace for Volatile Times...
Health Premiums Up $3,000; Obama Vowed $2,500 Cut...
Ralph Nader calls president 'war criminal'...
OBAMA PROCLAIMS FIGHT AGAINST 'SLAVERY' {
Desperate nigger desperados playing the familiar nigger card! Send them back to
sub-saharan Africa! }
2012: MICHELLE TALKS SLAVERY, SEGREGATION...
'Back when our great-grandparents were riding that
Underground Railroad'...
Madonna (the ‘black hand italian’ who stups niggers)
threatens to strip naked if Obama re-elected...
Vote for the 'Black Muslim in the White House'...
COMPLAINTS MOUNT AGAINST MICHELLE O'S NEW LUNCH MENU...
'WE ARE HUNGRY'... { Such a diet is based upon
her own innate proclivities and projection: ‘…Chimpanzees prefer fruit
above all other food items and will even eat them when they are not abundant.
It will also eat leaves and leaf buds. Seeds, blossoms, stems, pith, bark and
resin make up the rest of their diet…’ }
Senators to Hillary: Show us murdered ambassador's
cables...
Libya tense after death of man who caught Gadhafi...
...calls for
vengeance
GOP recalls Obama's earlier victory lap...
iPhone muggings up 40% in NYC...
PAPER: Don't believe hype on US 'recovery'...
Pennsylvania Shock Poll: Obama 47% Romney 45%...
FLORIDA POLL: O 48% R 47%...
Veterans retreating from president...
DICK MORRIS: Why The Polls Understate Romney Vote...
Romney Releases 2011 Tax Returns; Paid $1.9 Million on
$13.7 in Income...
...donated $4,020,772 to charity
Voluntarily paid more than required...
Harry Reid avoids prior claims...
'TIME TO SHOW YOURS, HARRY'
Zuckerman: Obama Campaign 'Divisive and Dishonest'...
POLL: Distrust in Media Hits New High...
Biden on college cheerleaders: 'The stuff they do on hard
wood, it blows my (lobotomized) mind'...
WHITE HOUSE STORY ON LIBYA FALLS APART...
100 DAYS UNTIL
LARGEST TAX HIKES IN HISTORY...
http://albertpeia.com/taxmaggedon.htm
FIRST SERIOUS INTERVIEW: O
PRESSED ON FAILURES BY UNIVISION
Romney: Obama's New Slogan
'No, I Can't'...
GALLUP: O 47% R 47%...
Median Income In OH Hits
27-Year Low...
Obama still blames video for
Libya attack?
Ramos Rips
Away...
'YOU DID NOT KEEP YOUR
PROMISE'...
Shouldn't you 'fire' Eric
Holder?
Student asks president for
advice -- on how to find a job!
PAPER: 'THE OBAMA YOU DON'T
KNOW'...‘…But beyond
the spin and the polls, a starkly different picture emerges. It is a portrait
of a man quite unlike his image, not a visionary reformer but rather a classic
Chicago machine pol who thrives on rewarding himself and his friends with the
spoils of public office, and who uses his position to punish his enemies. Peter
Schweizer captures this other Obama with a bracing statistic in his book
"Throw Them All Out," published last year. In the Obama economic
stimulus program's Department of Energy loans, companies owned and run by Obama
contributors and friends, like Solyndra's George Kaiser, received $16.4
billion. Those not linked to the president got only $4.1 billion. The Energy
Department is far from the only federal program in which favoritism has heavily
influenced federal grants. To paraphrase Tammany Hall's George Washington
Plunkitt, Obama has seen his opportunities and taken them, over and over. - Mark Tapscott / Executive Editor’
Republican senators decry
'useless, worthless' Clinton briefing...
Lewinsky set to reveal Bill
Clinton's sex secrets in tell-all book...
'Worst nightmare'...
OBAMACARE
TAX TO HIT 6 MILLION
MOSTLY MIDDLE CLASS
RASMUSSEN SWING STATES: R 47%
O 46%...
POLL CONFIRMS ROMNEY: OBAMA HAS 47%... {
Yes…and the really tragically sad part of that reality for america is that it’s
a strategy of theirs, making americans dependant on the government (for food,
protection from bogus, self-created/induced bogey men/terror, protection from
warranted prosecution as with the largest frauds on wall street, corzine et
als, mf global etc.); and not just the poor; viz., ie., the frauds on wall
street and their contraindicated QE entitlement along with protection from
prosecution for their huge frauds, etc… }
Tax Compliance for Obamacare: 80 Million Hours...
O: 'I ACTUALLY BELIEVE
IN REDISTRIBUTION'
Analyst: Fed's 'QE-Infinity'
Will Push Gold Up to $2,400...
Mortgage Lending Slides to 16-Year Low...
WSJ: The Data Behind Romney's Comments...
REPORT: Median Income Worse Now Than During 'Great
Recession'...
'Unprecedented' Jump in Food Stamps...
8,786,049: Yet Another Record for Americans Collecting
Disability...
16 people working for each person collecting..
US credit rating
downgraded -- again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political fallout...
Faber: If I Were
Bernanke, I Would Resign... { Yeah…but you’re not ‘The Rain Man’
… he’s comfortable there … He’s not insane according to Einstein’s definition;
viz., doing the same thing over and over and expecting a different result …
He’s just … ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of
Dustin Hoffman in portraying the character of the same name/film? If only he
could count like ‘The Rain Man’.) }
Gas Prices More than Double Under Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will They Move When
President Loses?
'FULL-BLOWN CRISIS'
ELECTION MANIPULATION: NEW PUMPING BEGINS!! { This is an especially great opportunity to sell
this suckers’ market/take profits! Nothing’s been solved! Just because
‘no-recession-helicopter-ben’ says something, does not mean it’s true (remember
that ‘no recession call’ of his; and, of course, no QE before the election,
prospectively, already discounted many times over by the ‘markets, such as they
are, ie., algo buy programs, etc.. ).
All this and now ‘whatever’ is too little and too late for the uss Titanic
which has taken on too much, not water, but b***s***. This was a desperate
move, bespeaking desperation.The fact is things are ominously so bad, and worse
than ‘allowed’ to be seen for the moment, that something as this QE which is
economically and financially contraindicated and a proven failure for all but
the frauds on wall street along with their cohorts including desperate
politicos, is resorted to in desperation to divert attention from their
unequivocal failure. After all, though having cost so many americans their jobs
with wrong calls and policies, bernanke is trying to save his own by inflating
the markets (along with everything else, ultimately hyperinflationary) for fellow failure wobama’s sake (wobama
rehired failure bernanke, President Romney would have fired, and will fire him
… goldman sachs knew this dollar debasing failed policy QE 3 would come and at
the expense of the muppets…that’s their term for all you suckers). I further
believe this contraindicated largess to the frauds on wall street is to
preserve his post fedship tenure job possibilities by ingratiating himself even
further with those nefarious, self-serving interest groups. }
Romney Calls Obama Response: 'Disgraceful'...
Muslims Attack US Embassies...
Mobs with guns and rocket-propelled grenades...
FLASHBACK: Hillary Clinton boast on Gaddafi: 'We came, we
saw, he died'...
PROTEST: $9 gallon for gas in NY and NJ...
Median income lowest since 1995...
Lower class grows...
Why did Obama use N-word to describe his grandfather?
Suspected Bank Robbers Toss Cash Out Window During Police
Chase...
VIDEO...
{ A neighborhood nigger in response to a reporter lauded the criminal
acts of the armed niggers saying they brought cash into the neighborhood where
(other niggers) ‘people’ are hurting. Isn’t that among the typical
rationalizations that underlie every dastardly deed perpetrated by the
uncivilized niggers? The niggerized DOJ under holder/obama similarly finds ways
to rationalize not prosecuting as promised; ie., biggest frauds on wall street,
mfglobal/jon corzine, defense of and protection for black panthers, etc.. How
can people wonder why this nation’s crumbling? }
ROMNEY: 'Forwarned' is better than 'forward''... { Sampling some of the network talking head
roundtables over the weekend I was astounded how many wobamanoid apologists
talked up the dismal, paltry private jobs, many part-time or low-pay, without
mention of the record insurmountable $5 trillion increase in the deficit to
create them for the purpose of obfuscating wobama’s blatantly failed
performance as potus. Such people, either so partisan, so unschooled in the
relevant disciplines, so ill-prepared for the journalistic task entrusted to
them, literally have no defendable place in the field of real journalism and
are an embarrassment to all that journalism purports to be. }
DICK MORRIS: Obama Thugs Rough Up GALLUP For Polls They
Don't Like...
POLL: O 49% R 45%... reuters/ipsos – the
socialist/communist pollsters…they have a lot at stake…look at their socialist
europe and left-leaning city bases. Their polls can’t change what already is!
DEMS SOFT ON WALL STREET CRIMES...
FLASHBACK: CARTER +4 OVER REAGAN IN SEPT 1980 [+8 IN
OCT]...
FLASHBACK: DUKAKIS +17 OVER BUSH AFTER DNC 1988...
DICK MORRIS: Advantage Romney...
REPORT: GOV'T MOTORS LOSES $49,000 ON EACH CHEVY
VOLT...
'The Democrats' GM Fiction'...
Pentagon buys hundreds to 'green up' military...
8.1%
+96,000
368,000 DROPPED OUT
88,921,000 'NOT IN LABOR FORCE'
Milbank: Demigod falls to earth... { After four
years of unbridled, unfounded, blind faith in and defense of wobama the b for
b***s***, it truly makes my heart soar to see Mr. Milbank finally walk into the
light! Indeed, David Bowie (Nicholas Roeg’s ‘Man Who Fell to Earth’), wobama is
not; not that even David Bowie could have siphoned/drained the vote as did
grifter/conman/parasite obama. Yet, it cannot be denied that nobody, no news
organization, not even a government agency did their homework in vetting this
complete and utter fraud called ‘barack obama’! } ‘…After a
couple of nights at the Time Warner Cable Arena, the convention was to have
closed with President Obama’s acceptance speech at the Bank of America Stadium,
where convention officials were planning to squeeze nearly 6,000 seats onto the
field to expand the stadium’s capacity beyond its usual 74,000. But the speedway event was
canceled — ostensibly because of logistical problems but more likely
because convention fundraising was
running low. Then the Democrats canceled the stadium event
in favor of the smaller arena — ostensibly because of “severe thunderstorm”
concerns but more likely because they couldn’t be sure enough people would come
to fill the stadium.In fact, the forecast hadn’t called for severe weather, and
conditions were fine Thursday night. The change caused thousands to be turned away,
and the crush of crowds at the arena led authorities at one point to lock down
the building for a second straight night – leaving some delegates on the street
while lobbyists enjoyed the proceedings inside…’
CLINT SPEAKS: Obama 'greatest hoax ever perpetrated on
American people'... { I think Clint is too kind in euphemistically
referring to and characterizing wobama as merely a hoax as opposed to the
indisputable fraud, grifter, conman that obama most certainly is! }
White House to miss deadline for report on 'fiscal cliff'
budget cuts...
O:
I'M NOT DONE YET { He’s done! }
NOONAN: 'Stale and
empty... he is out of juice'...
OBAMA HAMMERED IN FIRST REVIEWS...
FROM THE LEFT: TOMASKY: Pedestrian and Overconfident...
FROM THE RIGHT: KRAUTHAMMER: 'One Of The Emptiest I Have
Ever Heard'...
AP: Obama and the phantom peace dividend...
'VOTE BLACK'/‘VOTE NIGGER’ BUTTONS HIT CONVENTION HALL...
WOODWARD: White House so stunned by 2010 GOP triumph, it
didn't even have Boehner's phone number...
Drudgereport: UPDATE: Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t
have to love Romney but you at least have to like yourself in saying ‘NO!’ to
more wobama b***s*** which is all that he is. Have some self-respect. His grade
is unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }
Poll: R 48%
O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to 43%...
PROTESTERS VOW BIGGER CROWDS IN CHARLOTTE...
'Occupy' encampment re-opens near Dem convention...
DNC security rules trigger free speech worries...
KING: Obama presidency has been time of deep Dem
decline...
Frustrated union leader throws empty chair...
RECORD-HIGH LABOR DAY GAS PRICES GREET DEMS IN
CHARLOTTE...
RYAN: President 'running campaign based on envy and
division'...
GOP launches 'Obama Isn't Working' message...
SUNDAY: Dem Gov. -- We're Not Better Off Now...
MONDAY: 'We're Clearly Better Off'...
BIDEN: 'If It Weren't So Hot I'd Go Into Detail'...
Debt to hit $16 trillion just as party gavel in
convention...
Dems to bus in black church members from SC...
ID required to attend...
'GODFATHER' TO CUT DNC TRIP SHORT...
Chicago schools brace for strike...
Dems Drop 'God' From Party Platform...
REUTERS PHOTO DEPICTS HARRY IN HELLFIRE...
Endorse taxpayer-funded abortions...
DNC Video: 'The Government Is The Only Thing We All Belong
To'...
ABCNEWSWASHPOST
POLL: Obama personal popularity fading...
Women Turning...
DEBT TOPS $16T...
$136,249 Per Household...
FOOD STAMP USE CLIMBS TO RECORD 46.7 MILLION...
Key SOLYNDRA figure 'ran for exit' after seeing ABCNEWS
cameras on DNC floor...
UPDATE: Obama gives himself an 'incomplete' grade...
POLL: Just 40% say he deserves second term...
POLL: Less Than Half of Army Officers in Afghanistan
Report High Morale...
Panicking Spaniards
Pull Out Cash, Leave Country...
Depression, Suicides Rise as Euro Debt Crisis
Intensifies...
MOODY'S Changes Rating Outlook to 'Negative'...
COPS: Mother Forces 10-Year-Old Boy To Rob House... { Shafique (black) and her son ran away but
Lynnwood police arrested her. They found a stolen laptop and crack cocaine. }
Gasoline To Hit Labor Day Record Price...
University of Virginia Declines Obama Campaign
Request...
EX-NFL GREAT TO BLACKS: SAY NO TO OBAMA...
70% of Obama's 19 million TWITTER followers fake...
CHICAGOLAND: 13 shot in 30-minute span...
FLASHBACK: Obama -- 'Chicago Is Example of What Makes This
Country Great' { Wow! Talk about choom fantasy… unless you’re a fan of…Al
Capone! } ...
FOXNEWS POLL: Romney Pulls Into Lead...
Republicans eye return to gold standard...
Romney Reiterates He Would Replace Bernanke...
Analysis: Incomes Fall More Under Obama...
Big Loss for Those Near Retirement...
USA $20 trillion in debt by 2016...
FABER: Odds of
Global Recession Are 100%...
Texas Judge Preparing For 'Civil War' If Obama
Re-Elected...
ROMNEY: President 'Has Tried To Substitute Government For
Free People'...
PAPER: THE LEFT HAS BEEN TOO KIND TO OBAMA...
Postal Worker's Vacation Halts Mail In Jersey City, NJ...
TINA FROWN!
{ Newsweek on wobama’s failed presidency – Newsweek relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47% OBAMA 45%
ROMNEY: Time to Audit the Fed...
GAS PRICES SET RECORD...
Poll: Not better off now than in 2008...
SHOCK POLL: Romney beats Obama in Chicago suburbs...
SPIKE IN ARMED ROBBERIES, SAVAGE BEATINGS ON CAPITOL
HILL...
Crime jumps 64%...
NOONAN: If Biden Were Republican, Topic Would Be 'How
Stupid Is This Person?' { Well, in fairness, a distinction is carved
out for Lobotomy Joe who really did have part of his brain surgically removed!
} FACEBOOK FALLS TO HALF OF PUBLIC OFFERING PRICE...
No Horses, But Detroit Water Department Employs
'Horseshoer'...
BOOK: Obamacare designed to unionize 21 million health
care workers...
Increases costs of hip, knee replacements...
O STICKING WITH LOBOTOMY JOE!
ROMNEY, RYAN PREPARE FOR ASSAULT ON OBAMA'S SPENDING...
U.S. Foreign Debt Hits Another Record...
Democrats' nerves start to show...
VA BAKER SAYS NO TO BIDEN STOP...
Secret Service buys cupcakes as thanks...
Customers flock
in...
'OBAMA CAN KISS OUR A**'...
HOW LOW WILL IT GO? FACEBOOK STOCK PLUNGES...
Has lost half of value...
JULY DEADLIEST MONTH OF 2012 FOR TROOPS...
ARMY SUICIDES SET RECORD...
FBI: Federal court clerk sold secret info to L.A.
gangsters...
New Jersey unemployment rate at 9.8%, highest since
1977...
REPORT: GM's European failure will prompt second Obama
bailout...
CHICAGOLAND: City Worker Caught Stealing 500 Feet Of
Copper -- Off Midway Airport Runway!
Ecuador grants WIKILEAKS founder asylum...
40 police surround embassy...
U.S. denies pushing arrest...
Obama defends Biden on 'chains' comment...
HE DID IT AGAIN: LIVING IN WRONG CENTURY!
REPORT: Obama has 22 days to drop Biden from ticket...
VIDEO: Biden Refers to Ryan as 'Governor'...
Now Social Security Administration To Purchase 174 Thousand
Rounds Of Bullets!
Hypersonic aircraft crashes seconds into military test
flight...
Thousands of Federal
Retirees Get Six-Figure Pensions...
CHICAGOLAND: 50,000 line up for Obama amnesty program...
Labor Dept. Attempts to Stop Layoffs by Giving $100
Million to States, Subsidize Payrolls...
VIDEO: Biden Imitates Sign Language Lady… [ I’m quite
serious when I say lobotomy joe biden had part of his brain removed… he
literally had part of his brain surgically removed…his nonsensical outbursts
are symptomatic of lobotomies generally…] ...
Wonderment Whether Biden Has 'Mental Capacity' for
Presidency...
VP says 'We can win North Carolina' -- while campaigning
in Virginia...
REPORT: Ill. state workers forced to attend Pelosi, Jesse
Jackson Jr. event on taxpayer dime...
Buchanan: 'Obama has steadily diminished both himself and
the office he holds'...
Campaign admits knowing story behind flawed PAC attack
ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs Low...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression }
SPIRITS SPEAK TO PELOSI ( Riiiiight! And they keep telling
her… ‘bankrupt america…bankrupt america…bankrupt america’….she believes them,
tries her best to comply, and follows their advice! Meanwhile, by way of séance, hillary getting the message…’more
world strife…more world strife…more world strife…’ and she’s complying! Not to
be left out of democratic party stratagems, wobama’s been seen sticking pins
into a doll that bears an uncanny resemblance to President Romney… If only they
had a real strategy and knew what they were doing! ) ...
Over 100M in America on Federal Welfare...
Gingrich Warns: Obama 'direct threat' to my
grandchildren's future...
BOOK: Blago claimed $25,000 channeled to Obama...
Nearly half of long-term U.S. immigrants are on welfare...
$5.2b in fraudulent tax refunds to immigrants...
OBAMA (who plays his 104th round of golf as potus) POPULARITY
SOARS -- IN NIGGERTOWN DC!
Plays 104th round of golf (as nation flounders)...
HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but 'still
very depressed'...
Ethics investigation continues...
BIASED MEDIA BASH: 86% of Romney coverage NEGATIVE...
{ Friday Humor: (obama last
campaign) "I Am Pledging To Cut The Deficit We Inherited By Half By The
End Of My First Term In Office" ZeroHedge.com Wow! The only explanation
might be they’ve been duped by wobama along with the rest of the nation and are
too embarrassed for not doing their reasonably expected due diligence on
grifter obama and just won’t own up to the reality of the fraud called wobama!
Wobama the b for b***s*** speaks … on the prior pre-election campaign trail ( 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 ) America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … ) 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…’] }
Boehner: Obama has 'never even had a real job, for God's
sake'...
O BRINGS BACK TELEPROMPTER...
REPORT: Warnings ignored in Solyndra loan...
STOCK IMPLOSION HITS CA TAX REVENUES...
San Bernardino files for bankruptcy...
Vacant Detroit becomes dumping ground for the dead...
House urges Obama to fight UN web regulation...
COPS: Teen Stabs Man 22 Times
After Online Xbox Chat Turns Sour...
REPORT: White House scrambles
to prevent defense cut pinkslips before election...
Chicago: 'The Deadliest Global
City'...
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Court Finds Obama Appointees Interfered with New Black
Panther Prosecution...
UPDATE: Jesse Jackson Jr. at Mayo Clinic for depression...
REPORT: Obama's 'You didn't build
that' gaffe won't bring back teleprompter...
Gorilla in zoo hangs himself...
CAMPAIGN RATTLED...
Barack Obama Sr: 'Nothing Stopping
Gov't From Taxing 100% Of Income'...
POLL: Less than half of voters think
president is Christian...
ROMNEY MOVES INTO LEAD AT GALLUP, RASMUSSEN...
USATODAYGALLUP POLL: Romney preferred
over Obama to handle economy...
It's Official: 5 Straight Years of $1
Trillion Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN
JUNE...
Spent $2.6 million -- on polling?
Paid $93k for Half-Empty Stadium
Kick-Off Event...
US poverty on track to rise to
highest since 1960s...
CHICAGOLAND COPS: Teens kill man in
'knock 'em down' game...
Former SEAL Team Six
Commander Launches Anti-Obama Offensive...
'IT'S A FAKE'...
Sheriff Joe's Obama probe finds
'national security threat'...
Calls Congress to move on
eligibility...
VIDEO: 'Every document surrounding
Obama plagued with problems'...
NEXT: Compton, CA, may declare
bankruptcy...
3-Year-Old Mugged in NYC...
3-year-old boy mugged -- while sitting in stroller!
Thieves Stripping Air Conditioning
Units For Freon To Get High...
HORROR: Naked, Blood-Soaked Man
Breaks Into 2 Homes, Kills Elderly Woman... { http://albertpeia.com/anothertypicalblack.htm Do americans feel they deserve such a fate
at the hands of the uncivilized wobama blacks
}
COPS: Woman Kept Friend's Corpse In
Armchair For 18 Months, Watched NASCAR With It...
'He Was Only Guy Who Was Ever Nice To
Me'...
FLASH:
Rep. Jesse Jackson Jr. 'in Rehab'...
'Persistent
sleep disorder'...
Has
Been Under investigation by House Ethics Committee...
NYT:
His Father's Son...
Chicago
police sergeant: 'Tribal warfare' on streets...
Comparable to Iraq, Afghanistan...
WAR
DRUMS: USA moving dozens of underwater craft to Persian Gulf...
TOURISM
PLEA TO GODFATHER: Violent crime wave must be defused...
Algorithms
now 'writing' articles for newspapers and websites...
SALES TAX IN SPAIN JUMPS TO 21%
{ That’ll work! }
Jon
Voight defends Brad Pitt's mom after death threats for anti-Obama letter...
UPDATE:
Closure of Border Patrol stations across 4 states triggers alarm...
REPORT:
People losing homes for as little as $400 in back taxes...
NAACP
Requires Photo ID to See Holder Speak in State Being Sued Over Voter ID (they’re such b***s***/hypocrites)?
GODFATHER
UNDER FIRE AS MURDER RATE SOARS...
Chicago
Mayor Appeals to Gangsters' 'Values'...
'Don't touch the children'...
RADIO
STATION REPORTS REP. JESSE JACKSON, JR 'ATTEMPTED SUICIDE'...
Questions
mount...
NAACP
goes wild for Eric Holder...
'O:
This Will Be My Last Political Campaign No Matter What'...
GALLUP:
APPROVE SLIPS TO 44%...
POLL:
US CHANGED FOR THE WORSE UNDER OBAMA ...
Boehner:
Voters Need Not 'Love' Romney...
Man
Who Introduced Obama At Rally Owes $500,000 To Former Employer...
'We
sort of ran out of money'...
Obama
campaign threatens donors: 'We could lose if this continues'...
Obama
uses 'I' and 'me' 117 times in speech...
'Delirious'
Blood-Covered Naked Man Selling Candy Kills Motel Worker In Violent Rampage...
Man
holds knife to 3-year-old's face, threatened to cut out tongue...
Kudlow:
Obama’s Goose Is Cooked...
Obama's
Social Security Number challenged...
'American
story' faces fresh scrutiny... { ‘By some counts, The Story presents more than
three-dozen instances of material discrepancy where Dreams fails to
align with the facts as Maraniss reports them. Case in point: Maraniss
confirmed that Mr. Obama's mother, Ann Dunham, left his father, Barack Obama,
Sr., a volatile bigamist, and not the other way around, as related in Dreams.
Dreams also related the tale of Obama's paternal grandfather, Hussein
Onyango, who was said to have been detained and tortured in a prison outside
Nairobi for six months because of his brave defiance of British colonialists.
But after a half-dozen interviews and other research, Maraniss deemed the tale
"unlikely." Read more: http://www.foxnews.com/politics/2012/07/04/obama-american-story-faces-fresh-scrutiny/#ixzz1zmwWPuJ5 ‘ }
Ann Romney says woman being eyed for
ticket...
Obama's whole campaign strategy is
'let's kill this guy' ( That’s no exaggeration, the predisposition of blacks
toward whites; and, wobama can’t run on his record of failure in which he’s
lied and failed! ) ...
POLL: In 15 swing states, Romney
leads Obama 51% to 43%...
Romney accuses Obama of 'vicious
lies' on BAIN CAPITAL...
'THE LAW I PASSED IS HERE TO STAY'
{ Wobama must be back on his choom pipe fantisizin’ again! }
LAND OF THE FREE: San Diego man stranded after told on
'no-fly' list...
Midwest ranchers, lawmakers protest
drone flyovers...
TWITTER shares info on gov't demands
for user data...
ACLU Launches Smartphone App To
Secretly Record Police Stops...
'Homeland Security' Report Lists
'Liberty Lovers' As Terrorists...
Cannibal Updates: Boy bitten on neck by man in
'vampire' attack...
VIDEO: Man high on synthetic 'spice'
goes on naked 'ninja' rampage...
'ZOMBIE CANNIBAL': 'I'm a eat you'...
SCORN ON THE 4TH OF JULY: Chris Rock
Mocks 'Happy White Peoples Independence Day'...
TOP BLACK CHURCH BACKS HOLDER, BLASTS
HOUSE...
Severed head thought to belong to
Canadian cannibal's butchered lover found in park...
Pregnant woman bites off boyfriend's
fingertip...
RECORD NUMBERS OF AMERICANS ON
DISABILITY
NOW Mammoth Lakes files for
bankruptcy!
Rep. Allen West: Obama
Wants Americans To 'Be His Slave'...
CHICAGOLAND: 7-Year-Old Girl Gunned
Down While Selling Lemonade Outside Home...
MCCONNELL: 'Sold to American people
on a deception'...
CURL: Gift to Romney... { This may seem somewhat counterintuitive and a
bit of a rationalization; but, it is absolutely true. So true in fact, that
wobama will come to be compared to Pyrrhus of Ephyrus (W. Greece) since
realization of what this legislation won’t do for americans and the economy and
what it actually does will not have the galvanizing effect that striking the
bill down would have had on voters who were thinking ‘another free lunch from
the government’ will save them (we all now know better, no such thing). Yes, in
somewhat European tradition, defacto bankrupt america is keeping up with the
(ie., rating agencies Egan) Joneses. After all, we all know how well this
European program model is working out for Europe (and any other nation that’s
tried it). In the final analysis, this and such programs as the contraindicated
bailouts for the unprosecuted frauds on wall street, etc., will prove to be the
‘camel-back breaking’ moment for america; and, a pyrrhic victory for the
egregiously failed president wobama. America’s debt woe is worse
than Greece’s News
(CNN) — ‘Our government is utterly broke. There are signs everywhere one
looks…The government’s total indebtedness is $211 trillion’ … }
HISTORIC: HOUSE VOTES HOLDER IN
CONTEMPT...
DEM HOODIED BLACKS PLUS WALK OFF
FLOOR...
Pelosi botches name of slain border
agent...
Adult Chimpanzee Fatally Mauls Baby
Chimp at LA Zoo...
ZIMMERMAN PASSED POLICE LIE
DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took synthetic drug
strangles dog, starts eating it...
POLL: Obama drops 8 points with
whites...
... 13-point plunge among young
voters
Obama Asks People Getting Married To
Forgo Gifts...
Donate To His Campaign Instead...
{ Wobama is so pathetic! Sure, sacrifice for the grifter wobamas so they can
continue livin’ large on the taxpayer dime while accomplishing nothing except
greater public debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. It’s laughable to
hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama the presidency is just
endless debate, rhetoric, campaigning, vacationing, soundbites from the
teleprompted speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total
fraud and failure and anyone who buys into election-year desperation /
promises, etc., is just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last week, Obama
announced plans to stop deporting illegal immigrants who would have qualified
for the DREAM Act. The policy change does not include a path to citizenship…’
Then there’s the other meretricious ‘wobama desperation hail mary’ that once
again falls short. Indeed, as an investor, one analyzes earnings, projects
prospective earnings over a 3-5 year horizon, and the quality of the earnings
along macro economic factors which are affected by ‘political considerations’.
Does anyone remember the honorable Ross Perot who warned of NAFTA’s effect on
american jobs even as the democrat administration et als were hell-bent on
passing same? Should Romney have breached his legal duty to shareholders and
invested in companies with poor earnings prospects? After all, in the financial
/ security analysis step of projecting the income statement, prospective labor
costs figure prominently in the bottomline. In sum, Romney took conditions as
he found them, and made the prudent choices which as per his legal duty were
optimal for those who put their trust in him. For those who put their trust in
proven failure wobama, all they have to show for such misplaced trust are
broken campaign promises, now insurmountable record deficit spending exceeding
all the presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure. }
Will accept your birthday or
anniversary gifts, too...
VIDEO: Obama Trips At Campaign Event
In Tampa...
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://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...
http://www.albertpeia.com/whitesvictimizedbyblacks.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...
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. ] '
·
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...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New
Black Panther Party... [ ‘Minority Report’ Division of Pre-Crime,
Pre-Cogs say, ‘Dead or Alive – all niggers’ … whatever the outcome in the
investigative process, the stark reality is that at least, unlike the niggers
committing many more ‘black on white’ violent crimes, Zimmerman (and this is no endorsement – I won’t be looking at
this one incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel
good about themselves having niggers around and helping niggers to help them feel
better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s
gotten to her black projects. Let them live anonomously (in disguise) with the
niggers for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY
NIGGERS THE IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN
ARTIST JACKSON] ' [ Hold on one cotton-pickin’ minute jesse, that’s
not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [
Retaliation? Can you imagine the number of blacks that would have to be
retaliated against based upon the hushed reality of the prevalence of black on
white crime? The blacks should be careful what they wish for in playing that
game because the facts don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that
blacks are an insoluble problem wherever they are. That’s not going to ever
change; not make-shift/make-work jobs; not programs; not anything tried or to
be tried; hence, they must be treated as exactly that – problems – before a
solution can be derived and fashioned. ] [ Send the niggers, including
niggerbama back to sub-saharan africa! ]
10-25-12 Romney signs, American flags
torched in veteran's yard... { Terrorists at work for wobama! }
R 50% O 47%...
R 50% O 47%...
R 50% O 47%...
MI: O 47% R 47%...
DETROIT NEWS endorses
Romney...
Wisconsin company announces
layoffs ahead of Biden arrival...
October Sets New Record For
Disability Claims: 8,803,335 Collecting Benefits...
Father Of Slain SEAL: Obama
'Could Not Look Me In The Eye...Like Shaking Hands With Dead Fish'...
Video snags Dem boss in vote fraud...
Son resigns...
'HE'S A BULLSHITTER'... { Yes, obama is an
incorrigible b***s***ter! He’s gotten by on b***s*** and special nigger
consideration his entire life. He is a total embarrassment! } ‘Four years after
he was elected as a self-described 'hopemonger' promising a new post-partisan
era, President Barack Obama is trying to claw his way to re-election with an
ugly, divisive campaign in which he is playing the role of fearmonger-in-chief…’ { He’s a desperate, failed megalomaniac
who is also a pathological liar along with other mental issues/troubles ( WH: 'We Decline to Comment'
on When President Learned of E-Mails... ) Obama's
Lucky Charms: A Hindu God In His Pocket, A Masonic Emblem, And A Ring That Says
"There Is No God Except Allah"
http://albertpeia.com/ohowweird.htm Why do our politicians have to be so
weird? { Why? Because in, ie., O’s case, he is weird. Homo/hetero,
Muslim/Hindu/Christian, for Wall Street/against Wall Street, prosecute/no
prosecute, war/no war, say one thing/do another, truth/no truth, etc.. wobama’s
gotten’ by on b***s*** and ‘special consideration’ alone, never having done
anything of substance in his entire life. Indeed, even his so-called
‘auto-biographies’ are works of what appear to be ‘choom-gang’ induced
fantasies which reveal a psychogenic/dissociative amnesia that works well in
the continuing ‘narrative’ devoid of fact on his ‘more b*** s*** campaign trail’
littered with the cowpies of stark reality. People owe themselves and their
children more than this grifter’s con which in numbers measures more than the
increased deficits of all the presidents since President General Eisenhower
combined to obfuscate his unequivocal failure. Drudgereport: UPDATE: Obama gives himself
an 'incomplete' grade... {
Wow! The audacity! The unmitigated gall! This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf in
addition to being famously over-vacationed while in office. Did wobama expect
that these things would in choom fashion magically come to fruition while he
was ‘workin on his tan’, golf swing, or shootin’ hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t have to love Romney but you at least have to
like yourself in saying ‘NO!’ to more wobama b***s*** which is all that he is.
Have some self-respect. His grade is unequivocally ‘F’ for failure, having
failed to do as promised which coincidentally is a direct cause among others of
this debacle called america’s dark obama years. All the talk/b***s*** cannot
change that reality. }http://albertpeia.com/10waysobamakillingjobsinamerica.htm
Wobama’s Choom
Gang Bangin’ { This brief video (11 mb) is well done and worth a watch! } http://www.albertpeia.com/wobamaschoomgangbangin.wmv Friday
Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End
Of My First Term In Office"
ZeroHedge.com Tyler Durden { Wobama the b for
b***s*** speaks … on the prior pre-election campaign trail ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm }
10-24-12 O Booed at university's
Military Appreciation Day football game...
RASMUSSEN: R 50% O 46%...
GALLUP: R 51% O 46%...
R 50% O 46%...
R 50% O 47%...
R 49% O 48%...
R 47% O 46%...
OHIO: R 48% O 48%...
MI: O 47% R 47%...
Fmr Dem Chair: CO 'Worst
Swing State'...
Romney, Ryan draw massive
crowds in Colorado...
GOP moves into Wisconsin...
Emails detail
unfolding Benghazi attack on September 11th...
6:07 PM 9/11/12:
'Ansar al-Sharia Claims Responsibility'...
Obama challenges press to
find flip-flops --
and they do...
Woodward: President
'mistaken' on sequester...
Clint: 'Second Term Would be
Rerun of First'...
Chicago Store Owner Labeled
Racist For Anti-Obama Signs...
Police: Black Woman Lied
About KKK Setting Her On Fire...
Obama Has Massive Lead -- in
Other Countries...
TRUMP TO OBAMA: Release
college, passport applications, I'll donate $5 million to charity of choice...
Goes bust on TWITTER...
ALLRED MET OBAMA TWO WEEKS
BEFORE 'OCTOBER SURPRISE'
ALLRED HITS DEAD-END IN
ROMNEY DIRT DIG?
2ND HEARING SET...
SURPRISE: Feds sue BANK OF
AMERICA...
10-23-12 RASMUSSEN: R 50% O 46%...
GALLUP: R 51% O 46%...
POLLS: ROMNEY TAKES LEAD IN
FAVORABILITY...
VIDEO: Romney Wins CBS Focus
Group In Ohio...
STOCKS ROCKED: DOW
-200...
Obama Supporters Continue
Threats To Riot, Assassinate Romney... { Tweets Reveal Obama Supporters Fueled by ‘Racial Hatred’ Paul Joseph Watson | Chris Matthews gets it
wrong again. (Indeed he does!) }
MSNBC crowd boos 9-year-old
girl for supporting Romney... {Oooooh! Wobamanoids are so effective
in targeting the ‘opposition’!}
Son Of WI State Senator
Attacked Protecting Romney/Ryan Sign... ...
5-year-old girl raised by
monkeys... [ Come on … leave wobama’s daughters out of this……….. my
payback (Do not talk to President Romney that way!) for President 'insulted,
patronized, mocked' his opponent... What can wobama say? He has but a record of abject
failure to run on! And, the record IS unequivocally utter failure! All the
choom fantasy, fellow nigger intimidation and threats will not change that
fact! ]
10-22-12 GALLUP MONDAY: R 51% O 45%...
Image of Romney crops up in
Iowa farm field...
Chavez, Castro, Putin ( among
others in the ‘pro-america’ block ) endorse Obama...
ISSA TURNS UP HEAT ON
SEBELIUS...
FABER: Cut US Govt. By 50% Now!
PAPER: Obama's Blind Eye to
Illegal Donors...
Taxes go up in 2013 for 163
million workers...
Man busted for throwing
pennies into Dem HQ; 'All he has left after being taxed by Obama'...
SIMON: Should Obama Resign Tonight?
International
(pro-obama) monitors to watch US elections...
Obama Campaign Borrows $15M
from Bank of America...
Gov't Foreign Debt Now
$47,495 Per Household...
$10,090/Household
Owed to China...
{ Nigger Terrorist at Work Mass
Shooting At Brookfield Square Mall In Wisconsin Submitted
by Tyler Durden on 10/21/2012 Breaking news
of a mass shooting at the Azana
Salon and Spa at the Brookfield Square Mall. Details still scarce but at
least 4 people reported wounded and 3 more patients expected, emergency
responders are on the ground, and the mall has been put on lockdown. The
shooting suspect, who is said to have used a machine gun, is still at large.
Updates via @USEmergAlerts:
BROOKFIELD SQUARE | U/D SUSP BLACK MALE 6'1"
270 LBS. BALD. BROWN EYES U/D BPD RQST A MILWAUKEE SWAT TEAM
& FLIGHT FOR LIFE IS ALSO LANDING AT THE NE CORNER OF BROOKFIELD SQUARE |
UEA555 }
Son Of WI State Senator
Attacked Protecting Romney/Ryan Sign... ...
10-19-12 REALCLEAR MAP: Romney takes
first lead in electoral college...
Closing 26-point gap,
Romney's favorability rating tops Obama's for first time...
PA SHOCK POLL: R 49% O 45%...
VA: R 50% O 47%...
FL: R 51% O 46%...
GALLUP: R 51% O 45%
(10-19-12)...
Lifetime Democrat Lee Iacocca
Endorses Romney...
Jesse Jackson Jr. may return
to Mayo Clinic...
Off campaign trail since June,
checks still paid to wife's consulting firm...
Has spent $110,000 since Rep
dropped off...
CHICAGOLAND: Pack of Teen
Girls Arrested For Armed Robbery...
10-18-12 GALLUP: R 52% O 45%...
WELFARE SOARS 32% IN 4
YEARS...
Now costs
$1,030,000,000,000...
Jobless claims rise most in 4 months...
Obama DOES Have
Investments In Cayman Islands Trust...
... and has a
bigger pension than Romney!
Under president, for every $7
brought in by gov't, $11 spent...
REALCLEAR MAP: Romney takes
first lead in electoral college...
{ Any state that President Romney doesn’t carry is going to suffer! }
OH: O 49% R 48%...
MI: O 44% R 41%...
WI: R 49% O 48%...
R closes
11-point gap in just two weeks...
O Brags About His Appeal
Among Toddlers (sure…them among other young people who don’t understand how big
a failure 0 is and how substantially he’s screwed them and the nation for years
to come!)...
OBAMA ON COMEDY CENTRAL:
'WHEN FOUR AMERICANS GET KILLED, IT'S NOT OPTIMAL' [ 0’s such a
joker/failure/joke! ]
Violent crime jumps 18%,
first rise in nearly 20 years...
10-17-12 GALLUP: R 51% O 45%
DICK MORRIS: Romney won the
second debate...
Threats to Assassinate
Republican Romney Explode on TWITTER After Debate...
REPORT: White House
contradicts president's statement on Benghazi terror attack...
Despite Pledge of Open
Government, Obama Prosecuting Whistle-Blowers as Spies...
'When I Was President'... { Indeed, past tense for O and more than a
Freudian slip as he heralds in new President Romney, writing on the wall though
noit his teleprompter!
CAUGHT ON TAPE: Michelle O
Broke Rules, Clapped During Debate...
'On Nov. 7, We're Going to
Party Hard'...
U of Colorado Study: 77%
likelihood Romney wins popular vote...
Record High Enrollment for
Food Stamps: 46,681,833...
FOURNIER: Verdict
Uncertain...
TREAT: Candy gives Obama 9%
more time...
TRICK: Candy 'Throws the
Flag'...
CANDYLAND: Romney was 'right
in the main' on Benghazi, but 'picked the wrong word'...
Another debacle for America's
media...
Reporters applaud Obama's
slam on Romney's wealth...
Pelley: 'Most Rancorous
Debate In History'...
'Nauesating'...
Reporters Get Drunk at
Debate...
LUNTZ GROUP: BIG SWING...
A Frank Luntz focus group
made up mostly of former Obama voters say they now support Mitt Romney.
"Forceful, compassionate, presidential," one participant said.
"Confident and realistic," said another.
"Presidential," another told Luntz.
"Enthusiastic," another reacted.
"Our next president," one man said.
"Dynamo, winner," said one more.
"He's lied about everything. He lied to get elected in 2008, that's why I
voted for him. I bought his bull. And he's lied about everything, he hasn't
come through on anything. And he's been bullshitting the public," one
member of the focus group said.
Farrakhan's Fiery New Warning
to USA: 'Every Plague Written in Koran is Going to Come to Pass'...
{ farrakhan’s really only talking about (all plagues rolled into) one plague;
viz., the plague of the nigger which is extant despoliation wherever the
niggers are, in the worst sense! Yes,
they are the other, more nefarious black plague! }
Violent crime rises
sharply... ‘6:53PM EDT October 17. 2012 - WASHINGTON — The violent crime rate went up 17% last
year, ending a general decline in violence that began nearly 20 years ago,
according to a new federal survey of crime victims.The Justice Department's
National Crime Victimization Survey also found an 11% increase in the rate of
property crimes, including household burglaries and car theft.’ { Come on!
Perenially understated, these understated crime numbers don’t even take into
account ‘protected/unprosecuted’ wall street frauds/crimes in the trillions.
And, how about those fed paper bucks that ‘fell off the fed trucks’ even just
recently; kind of like those 360 tons of $100 bills ($12 billion) flown into
Iraq that just ‘disappeared into thin air, etc.. }
Driver Doesn't Stop For 8
Blocks As Men ( two niggers ) Viciously Beat Woman On Public Bus...
Greece faces anti-austerity
shutdown as EU meets...
'In depression'...
10-16-12 GALLUP: R 50% O 46%
GALLUP: WOMEN TURNING AWAY
(from MO O)...
'Stunning He's ( obama) in Politics, Because He Really Doesn't Like
People'...
TONIGHT'S DEBATE 'DO OR DIE'
FOR OBAMA...
Questioners Face $4,492 Tax
Increase Next Year...
BUCK STOPS WITH ME:
HILLARY TAKES BLAME...
Pins confusion on 'fog of
war'...
Hillary Clinton to Obama in
2008: 'The Buck Stops In The Oval Office'...
Dem Political Signs Scaring
Away Customers in VA...
Camp O attacks GALLUP
again...
Jesse Jackson Jr. Speaks:
'Not well'...
Thought he was 'reincarnated
chariot driver'...
Battery maker with $249
million in taxpayer cash goes bankrupt...
CEO touted 'green jobs' in
Rose Garden...
STATE DEPT: Negotiations
to keep troops in Afghanistan past 2014...
FLASHBACK: Biden: 'We are
leaving in 2014. Period'...
GOV'T STUDY CONFIRMS 'GAYDAR'
EXISTS, 60% ACCURATE... http://albertpeia.com/governmentwaste.htm
Coburn calls Senate cohorts
biggest waste in government...
10-15-12 GALLUP: WOMEN TURNING AWAY
{ A new USA TODAY/Gallup
Poll of the Swing States shows Mitt Romney with a lead among likely voters as
he strengthens his standing with women in the nation's top battlegrounds. }
New
Threats to Riot if Obama Loses Election...
[ The threats alone are a reason sufficient for backing President
Romney. If left unchecked, the nigger terrorists will be even further
emboldened to their already egregious criminal, terroristic ways. No man,
woman, or child will be safe if the lethal black cancer grows. The 4 years of O
have been complete, utter failure and no amount of wobama b***s*** and nigger
intimidation can change that fact! Quite simply, niggers are inherently
criminal terrorists: Examples
of what people are saying include the following;
“If obama dont get re-elected & romney wins .. on
life every white persons getting pistol whipped and im startin a riot.” (SOURCE)
“If Obama don’t win lets start a riot so Romney know what he’s getting himself into.” (SOURCE)
“You know you ain’t shit if you gotta “MAKE” Mafukas vote for ROMNEY
! ….
Mannnn OBAMA better get back in office . Or BLACK FOLKS will riot.” (SOURCE)
“If Romney wins im goin on a rampage.” (SOURCE)
“If Mitt Romney wins the election I think its our
duties as Black folks to riot and fuck shit up.” (SOURCE)
“If every action IS met with an equal and opposite
reaction ..what should workers do to employers if Romney’s elected? #Riot in the
streets!!”
(SOURCE)
“If Romney becomes president let’s all start a riot.” (SOURCE)
“I Heard Mitt Romney , Tryna Take Away Food Stamps ,
If He Do .”IMA
START A RIOT , IMA START A RIOT.” (SOURCE)
“If romney wins, imma start a mf’n riot! Rns.” (SOURCE) ]
[ Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm { Ah, yes, says the optimist who sees the
opportunity in every calamity and not vice versa. Indeed, President Romney’s election based upon
american people’s survival instincts and an awakening from the wobama
b***s*** slumber of decline will provide the opportunity to incarcerate the
niggers who will use such as an excuse to do what they’re inclined/predisposed
to do anyway, and in one lawless form or another, are already doing. Prison or
sub-saharan Africa are the only places suitable for niggers. Let no man, woman,
or child fall prey to their intimidation and uncivilized violence. 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 } ]
Farrakhan
warns forces trying 'to keep America white'... { Another nigger threat! }
CHICAGOLAND:
For second time, grandmother learns a grandson is shot to death...
5 dead, 25 wounded over weekend... { Just another day in niggerland! }
10-12-12 CAMPAIGN FREAKOUT!
OBAMA LOCK UNDER 10 STATES
As Election Day nears, Romney crowds are surging...
Geithner defends (indefensible) O as deficit again tops $1
trillion...
China's yuan hits record high against dollar...
BIG BANK SCORES RECORD PROFIT!
Fed Money Pumped It Up...
WYNN: My Employees
'Filled With Anxieties These Days'...
'Every Business Guy I Know Is Frightened Of Barack
Obama'...
Biden claims he voted AGAINST two wars he voted FOR...
REPORT: 'Fast and Furious' Whistleblower Fired in DENNY's
Parking Lot...
PAPER: Feds now probing suspicious activity in Rep. Jesse
Jackson Jr. finances...
UPDATE: Hezbollah drone may have been sent to monitor
Israel's nuclear facility...
Shot Fired Through Window at Obama Campaign Office in
Denver...
Will The Election Results
Cause Massive Riots To Erupt All Over America?
http://theeconomiccollapseblog.com http://albertpeia.com/massiveriotsinamerica.htm
{ Ah, yes, says the optimist who sees the opportunity in every calamity and not
vice versa. Indeed, President Romney’s election based upon american people’s
survival instincts and an awakening from the wobama b***s*** slumber of decline
will provide the opportunity to incarcerate the niggers who will use such as an
excuse to do what they’re inclined/predisposed to do anyway, and in one lawless
form or another, are already doing. Prison or sub-saharan Africa are the only
places suitable for niggers. Let no man, woman, or child fall prey to their
intimidation and uncivilized violence! 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 }
Former Aide to Armstrong Talks of Doping... [
‘…In short order, however, it became clear to Ms.
O’Reilly that her tasks with the team would hardly be limited to kneading leg
muscles and doing laundry. In an interview this week, Ms. O’Reilly said she
became a regular player in the team’s doping program, one that investigators
have charged took on its most sinister and far-reaching dimensions with the
arrival of Lance Armstrong in 1998. Ms. O’Reilly, then not
yet 30, said she wound up transporting doping material across borders,
disposing of drugs and syringes when the authorities were lurking, and
distributing performance-enhancing substances to the team’s riders whenever
they needed them…’ ] Teammates turn on Armstrong... 26 testify...
{ So much for the atheist armstrong; what a total fraud! Kind of like
that other armstrong american fraud; the late, but not great, moony armstrong!
}
10-11-12 FLORIDA: R 51% 0 44%...
Biden, Ryan at each other on
everything...
TENSE...
CNN POLL: R 48% B 44%...
Chris Wallace: I've never seen
a candidate as disrespectful as Biden...
Borger: Came Off As
Condescending...
Hume: 'Cranky Old Man'...
Noonan: 'The old man pushed, and the kid pushed
back'...
Biden Interrupted Ryan 82
Times?
RNC AD: THE LAUGHTER...
REALCLEAR MAP SHOWS SHIFT...
OOPS: 'One large state didn't report some quarterly
figures'...
SURPRISE: Jobless claims plunge...
Officials don't ID mystery
state...
Biden contradicts State
Department on Benghazi security...
Romney meets with Rev. Billy
Graham...
'I'll do all I can to help
you'...
Hungarian-born billionaire
buys airtime to warn against socialism...
Carlos Slim, World's Richest
Man, Gets Richer Supplying 'Obamaphones' To Poor...
10-10-12 R 49% O 44%
CAN HE GET
THEM BACK?
10-11-12: Ryan prepares to
take on Biden...
70 million watched VP debate
in '08...
Commission dismisses
Raddatz-Obama connection...
Conflict of interest?
Obama Defends Debate
Performance: 'I Was Just Too Choomed Out, Nothing to Say'...
Campaign tries to quell
panic...
Dems frustrated by 'Big Bird'
turn...
Unions struggle to help...
Jack Welch: I Was Right About
That Strange Jobs Report...
Ohio Obama Rally Features Rap
Rendition of 'Sesame Street' Theme Song...
ROMNEY: 'You have to scratch your
head when president spends week talking about 'Big Bird''... { Indeed! But, don’t scratch too hard; after all, what else can he
talk about? He can’t talk about his record
of unequivocal failure. He can’t talk about broken campaign promises (that would take ages). And, he can’t talk about solutions to the nation’s problems … because he has none which he has proven in 4 wasted, failed years.
Moreover, wobama’s absolutely clueless as
to what to do to solve the nation’s substantial problems, some caused/exacerbated by his own incompetence and
failure. }
Mother of Slain State Dept.
Official Tired of Being Lied To and Stonewalled by Obama Administration...
Spain Downgraded to One Level
Above Junk...
PAGLIA: FORGET OBAMA, I'M
GOING GREEN PARTY...
REPORT: 'Most sophisticated, professionalized
and successful doping program that sport has ever seen'...
Teammates turn on Armstrong...
26 testify... { So much for the atheist armstrong; what a
total fraud! Kind of like that other armstrong american fraud; the late, but
not great, moony armstrong! }
CEO explains memo threatening
layoffs if Obama re-elected...
FEDEX to cut thousands from
workforce...
FACEBOOK Fought SEC to Keep
Mobile Risks Hidden Before IPO Crash...
STATE DEPT SPINS NEW TALE ON
BENGHAZI ATTACK...
10-9-12 POLL: Romney leads in 11 swing states...
Takes lead in OH...
PA, WI, MI close...
Biden Has Not Sat for On-Camera Nation TV Interview in 5
Months...
CEO Threatens to Fire Employees If President Is Reelected,
Raises Taxes...
Chain Cuts Workers' Hours over Obamacare...
Steve Wynn Slams Obama: 'I'll Be Damned If I Want To Have
Him Lecture Me'...
Ohio Obama Rally Features Rap Rendition of 'Sesame Street'
Theme Song...
ROMNEY: 'You have to scratch your head when president
spends week talking about saving 'Big Bird''...
PANIC: Romney signs in VA defaced, stolen and smeared with
excrement...
VIDEO...**WARNING: GRAPHIC LANGUAGE**
10-8-12 GALLUP: 5-POINT ROMNEY
BOUNCE...
PEW: 18-point shift among
women...
POLL: Romney leads among
independents 51-35...
'Enthusiasm' gap 13-point
spread for Republican...
R closes gap in Michigan...
R 49% O 47%
University of Colorado: Updated election forecasting model still points
to Romney win...
PAPER: Why Obama's campaign is falling apart...
SULLIVAN: SOS OBAMA
VEGAS REVIEW JOURNAL ENDORSES ROMNEY...
Romney casts Obama's foreign
policy as weak, dangerous...
MILITARY TIMES POLL: R 66% O
26%...
BOUNCE: R 49% O 47%
8-point shift for Romney in
Colorado...
Romney raises $12 million in
48 hours...
OBAMA RAISES $181 MILLION IN
SEPT -- JUST 2% OF DONATIONS REPORTABLE...
Super PAC Donor on Obama:
'Looks Like He Took My Million and Spent it All on Weed'...
TEAM OBAMA BLAMES JOHN KERRY
FOR DEBATE LOSS...
Man Tells Obama: Business
'Terrible Since You Got Here'...
NH voter: ‘O Couldn't run a lemonade
stand'...
SNOOP DOGG TWEETS 10 REASONS
NOT TO VOTE FOR ROMNEY...
'He a white n****'...
'Bitch I will beat the sh** out of you'...
Police Union Warns 'War-Like'
(nigger-town) Detroit Unsafe For Visitors...
Hands Out
Flyers: 'ENTER AT YOUR OWN RISK'...
GAS PRICES SET RECORD IN CA
10-5-12 BOUNCE IN POLLS:
R PULLS AHEAD IN VA...
R +3 IN FL...
R +3 IN OH among those 'certain' to vote...
REALLY! 7.8%
Total employment 'highest one-month jump in 29 years'...
Welch: President manipulating numbers after debate
performance...
BLS economists donate to Obama campaign?
Rate Plummets to 4.3% -- For Govt Workers...
Report met with suspicion...
ROMNEY: Rate more like 11%...
OBAMA: Can't turn back now...
SEPT. EMPLOYMENT:
+114,000...
Aug. number revised to +142,000 -- from +96,000...
Welch: Obama manipulating numbers after debate
performance... { There are
some people (and their assessments) that you might dismiss as light-weight
partisans… Jack Welch is not one of them! Indeed, among the rarest breed
historically of exceptional american CEO’s, Welch points to the folly of
preposterously a month before elections, on paltry/pathetic jobs numbers (
election year temp/part-time for manipulating stats along with the nebulous
‘stopped looking’ fudge factor) , following a disasterous debate showing (of
wobama failure and incompetence), the unemployment rate falls to just below the
‘superstitious’ 8.0. If you’re a fool, you’ll buy into what is tantamount to
the obama 100% employment fantasy where literally everyone but him has stopped
looking for work and hence, not counted in compiling the unemployment rate (and
then those jobs in the millions lost and gone forever on his watch - what a
banana republic!). Come on, wake up!: JACK WELCH: OBAMA IS MANIPULATING THE JOBS
NUMBERS BECAUSE HIS DEBATE PERFORMANCE WAS AWFUL…UNBELIEVABLE JOBS
NUMBERS…THESE CHICAGO GUYS WILL DO ANYTHING…CAN’T DEBATE SO CHANGE NUMBERS.
}
10-4-12 SKYFALL
RATTLED, O GOES ON ATTACK...
BUCHANAN: Romney: Best debate
performance in 52 years...
John Sununu calls Obama 'lazy
and detached'...
FLASHBACK: 'There's a laziness in me'... {
Of course O’s lazy…niggers are lazy…that’s just the way they are…don’t blame the niggers, they
were born that way! And, what about the audacity of wobama the b for b***s***
talking about specific plans by President Romney when wobama’s ‘plans’ last b***s*** campaign,
from war (continued) to prosecutions of the big wall street frauds (none) to
cutting the deficit (actually increased in record fashion), etc., etc. were
meaningless b***s*** when measured by what he did (zero)….Just like a nigger! When
are people going to awaken to the reality that obama’s just total b***s***
without the slightest clue as to how to achieve results through
work/performance, and is too lazy to really care! }
Was Obama rattled by
developing donor scandal story?
BIDEN: 'Yes, We Do' ...
Keept away from press...
AARP to President: Don't
mention us again...
67 MILLION: RATINGS JUMP FOR
DEBATE...
15 million
more than '08...
Left-Wing Websites Reject
Obama Ads, Say Campaign Undercutting Them By Working With GOOGLEAOL...
Harry Reid makes up quotes in
another attack on Romney...
NYT: 'President Xanax'...
Lost, bewildered without
teleprompter...
Gas prices in CA hit record
highs...
Supply
shortages shut pumps...
10-3-12 ROUND WON: Romney Seized Offense in Debate...
You Were Fighting For Obamacare, Not Jobs...
'The Path We’re Taking Is Not Working'...
FOURNIER: Cursed Obama Falls...
MSNBC MATTHEWS: 'What Was He Doing!'
Cutter takes swipe at Lehrer...
Carville: 'Romney came with a chainsaw'...
Andrew Sullivan: 'This was a disaster'...
UH O
Lost, bewildered without teleprompter...
CNN POLL: Romney Annihilates...
Van Jones: 'Was Able To 'Out-Obama Obama'...
LEFT TURNS ON O...
CA gas prices set to spike...
Man beaten, robbed -- inside grocery store!
Another sex scandal rocks Detroit...{
Was she the sex lackey of Detroit Blacky? …'The chief of police exceeded his
professional status,' David Robinson said. } 'He's breached the trust of the
department.'Godbee and Bing have been assailed by officers in recent weeks over
a 10 percent pay cut and implementation of 12-hour workdays to help cut
millions of dollars from the police budget. Officers complain the cuts and new
work rules are too much to take in a city with one of the highest violent crime
rates in the country. The 287 murders committed through Sept. 23 in
Detroit are 26 more than at the same point last year’Read more: http://www.dailymail.co.uk/news/article-2212064/Detroit-police-chief-suspended-affair-officer-tweeted-photo-gun-mouth-seeing-else.html#ixzz28JFPKs4U
10-2-12 NATIONAL JOURNAL SHOCK POLL: R
47% O 47%...
BIDEN: Middle class has been
'buried' during Obama's presidency...
New Model to Predict
Unemployment Sees Rate at 8.1%...
POLL: Doctors choose Romney...
DENVER BRONCOS John Elway Endorses Romney...
CNN poll magically tightens as calendar turns...
PAPER: Obama will need all the luck that he can get...
RYAN: We Are Seeing Obama's Foreign Policy 'Unravel on Our TV Screens'...
'Holder must go' over Fast and Furious...
Hundreds line up for $1.84 gas in Michigan in Anti-Obama
Stunt...
2012 DEBT SURPASSES 2011...
Huge tax increase looms at year-end 'fiscal cliff'...
Jobs Outlook Weak as Companies Reporting Cost Cuts...
REPORT: Recovery faster for immigrants than US-born
workers...
U.S. MILITARY DEATHS IN AFGHANISTAN HIT 2,000....
AFGHAN SOLDIER KILLS 2 MORE AMERICAN TROOPS...
Biden Misstates Number Of Fallen Heroes...
Military absentee ballots going AWOL in 2012...
REPORT: 1 million Ohioans have 'Obama phones'...
RYAN WARNS: 'We need to tackle challenges before they
tackle us'...
Dollar Falls Most in Year...
UNIVISION report connects 'Fast & Furious' to murders
of 16 Mexican teenagers...
NETWORK FINDS 57 UNREPORTED WEAPONS...
VIDEO **WARNING -- GRAPHIC**...
RYAN: 'Holder must go'...
Jets owner: I'd rather Romney win -- than the Jets!
OCTOBER 1: OBAMA APPROVE AT 47%
POLL: O 49% R 47%...
POLL: O 49% R 47%...
Eurozone hits record high unemployment...
18.2 million jobless...
'INEVITABLE NEW
RECESSION'...
One in 10 EU
workers missed work for depression...
26% in UK diagnosed...
Greek youth unemployment hits 55%...
POLL: Doctors choose Romney...
DENVER BRONCOS John Elway Endorses Romney...
CNN poll magically tightens as calendar turns...
PAPER: Obama will need all the luck that he can get...
RYAN: We Are Seeing Obama's Foreign Policy 'Unravel on Our TV Screens'...
'Holder must go' over Fast and Furious...
Hundreds line up for $1.84 gas in Michigan in Anti-Obama
Stunt...
2012 DEBT SURPASSES 2011...
Huge tax increase looms at year-end 'fiscal cliff'...
9-28-12 Top Five Worst Obamacare Taxes
Coming in 2013...
Romney: Debates a Clear Path to
Voters...
'We're going to win
Pennsylvania'...
SHOCK POLL PA: O 47% R 45%...
Leno Turns: 'We Wasted Four
Years Waiting For Obama To Do Something About The Economy' { Yeah, Jay! } ...
HOUSE CHAIRMAN CALLS FOR
AMBASSADOR SUSAN RICE'S RESIGNATION...
JAY-Z: I'M WITH OBAMA CAUSE
HE'S BLACK...
CHICAGOLAND: Black Gang Member
Tells Reporter, 'There Is No Solution To The Violence; Killing Is The
Solution'...
Member of 'Obama Boyz' gang
charged in St. Louis shootings...
Riots Between Black, Latino
Students Break Out At CA High School... { Yeah…Latinos not taking the
typical s*** from the niggers! }
'Cops Are Nowhere To Be Seen,
911 Placed People On Hold'...
Anti-mafia judge jailed -- for
corruption ...
COPS: Man Vandalizes 6
Churches Because He Was Mad At God... {Oooooh! Guess he really got
GOD’s attention…Not! }
MITT DEBATE PLAN: CALL OUT
OBAMA LIES... { The question is, do they have enough time to air
all; so many lies, so little time! }
GDP revised down to 1.25%...
Durable orders drop 13.2% --
'worst since recession'...
SANTELLI: 'Depressingly
weak'...
Census: Americans' Incomes
Have Fallen $3,040 During 'Recovery'...
OBAMA HAS MY VOTE, HE GAVE ME
A FREE PHONE...
SEIU Paid Protesters at Romney
Cleveland Rally...
'$11 an hour'...
Whoopi Goldberg curses out Ann
Coulter over book on race...
UPDATE: 3 ( yes, 3 niggers)
arrested in vicious beating on Capitol Hill (Do white/yellow/brown people for O
have a death wish? After all, he/holder have protected the violent, anti-white
black panthers)...
9-27-12 MITT DEBATE PLAN: CALL OUT OBAMA LIES... { The
question is, do they have enough time to air all; so many lies, so little time!
}
GDP revised down to 1.25%...
Durable orders drop 13.2% -- 'worst since recession'...
SANTELLI: 'Depressingly weak'...
Census: Americans' Incomes Have Fallen $3,040 During
'Recovery'...
OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE...
SEIU Paid Protesters at Romney Cleveland Rally...
'$11 an hour'...
Whoopi Goldberg curses out Ann Coulter over book on
race...
UPDATE: 3 ( yes, 3 niggers) arrested in vicious beating on
Capitol Hill (Do white/yellow/brown people for O have a death wish? After all,
he/holder have protected the violent, anti-white black panthers)...
IT'S ON!
IOWANS START VOTING FOR PRESIDENT
9-26-12 DICK MORRIS: Romney 'Pulls Ahead'...
Romney: 'Pleased With Some
Polls, Less So With Others'...
Romney pays tax rate 'higher
than what 97% of Americans pay'...
SURVEY: 55% Of Small-Business
Owners Would Not Start Company Today, Blame Obama...
Sebelius to hit campaign trail
again -- after breaking election law...
Solution To Michelle Obama's
new school lunch menu: SNACK! { Riiiiight! There you go! After all,
chimps literally spend all day foraging for munchable snacks in the wild. But,
if you’re not a
chimp of leisure as moochelle, or just not a chump and busy with other things, ‘three squares’ will just have to do as
they always have! }
Post Office Prepares for
Second Default in Two Months...
Romney: President Doesn't Want
People To Know What Happened In Libya...
Libyan president: Anti-Islam
film had 'nothing to do with' attack...
FLAMES OF ANGER SPREAD FROM
MADRID TO ATHENS...
GREEK PROTESTS TURN VIOLENT...
SPAIN ROCKED...
COUNTRY 'COULD BREAK APART'...
Honeymoon Over as Markets Brace for Volatile Times...
9-25-12 Health Premiums Up $3,000;
Obama Vowed $2,500 Cut...
Ralph Nader calls president
'war criminal'...
OBAMA PROCLAIMS FIGHT AGAINST
'SLAVERY' { Desperate nigger desperados playing the familiar nigger
card! Send them back to sub-saharan Africa! }
2012: MICHELLE TALKS SLAVERY,
SEGREGATION...
'Back when our
great-grandparents were riding that Underground Railroad'...
Madonna (the ‘black hand italian’ who stups niggers) threatens
to strip naked if Obama re-elected...
Vote for the 'Black Muslim in
the White House'...
COMPLAINTS MOUNT AGAINST
MICHELLE O'S NEW LUNCH MENU...
'WE ARE HUNGRY'...
{ Such a diet is based upon her own innate proclivities and projection: ‘…Chimpanzees prefer fruit above all other food items
and will even eat them when they are not abundant. It will also eat leaves and
leaf buds. Seeds, blossoms, stems, pith, bark and resin make up the rest of
their diet…’ }
Senators to Hillary: Show us
murdered ambassador's cables...
Libya tense after death of man
who caught Gadhafi...
...calls for vengeance
GOP recalls Obama's earlier
victory lap...
iPhone muggings up 40% in
NYC...
9-24-12 PAPER: Don't believe hype on
US 'recovery'...
Pennsylvania Shock Poll: Obama
47% Romney 45%...
FLORIDA POLL: O 48% R 47%...
Veterans retreating from president...
Romney assails Obama after US
ambassador's murder...
'Bumps In The Road'...
Ryan: Middle East looks like
'1979 Tehran'...
Slipping away? Obama campaign
manager now says DON'T PAY ATTENTION TO 'NATIONAL' POLLS...
GALLUP SATURDAY: O 47% R
47%...
RASMUSSEN: O 46% R 46%...
Pushing 'change' is tougher
this time around...
Early voting transforms
campaigns...
9-21-12 GALLUP FRIDAY: O 47% R 47%...
DICK MORRIS: Why The Polls Understate Romney Vote...
Romney Releases 2011 Tax Returns; Paid $1.9 Million on
$13.7 in Income...
...donated $4,020,772 to charity
Voluntarily paid more than required...
Harry Reid avoids prior claims...
'TIME TO SHOW YOURS, HARRY'
Zuckerman: Obama Campaign 'Divisive and Dishonest'...
POLL: Distrust in Media Hits New High...
Biden on college cheerleaders: 'The stuff they do on hard
wood, it blows my (lobotomized) mind'...
WHITE HOUSE STORY ON LIBYA FALLS APART...
100 DAYS UNTIL
LARGEST TAX HIKES IN HISTORY...
http://albertpeia.com/taxmaggedon.htm
9-20-12 FIRST SERIOUS INTERVIEW: O
PRESSED ON FAILURES BY UNIVISION
Romney: Obama's New Slogan
'No, I Can't'...
GALLUP: O 47% R 47%...
Median Income In OH Hits
27-Year Low...
US EMBASSY IN PAKISTAN UNDER
SIEGE...
IRAN: Hundreds chant 'Death to
France,' 'Down with the U.S.'...
IRAQ: PM condemns
U.S. over YOUTUBE anti-Islam film...
INDONESIA: U.S.
consulate shut for second day amid protests...
AFGHANISTAN:
Hundreds chant anti-American slogans...
Obama still blames video for
Libya attack?
Ramos Rips
Away...
'YOU DID NOT KEEP YOUR
PROMISE'...
Shouldn't you 'fire' Eric
Holder?
Student asks president for
advice -- on how to find a job!
PAPER: 'THE OBAMA YOU DON'T
KNOW'...‘…But beyond
the spin and the polls, a starkly different picture emerges. It is a portrait
of a man quite unlike his image, not a visionary reformer but rather a classic
Chicago machine pol who thrives on rewarding himself and his friends with the
spoils of public office, and who uses his position to punish his enemies. Peter
Schweizer captures this other Obama with a bracing statistic in his book "Throw
Them All Out," published last year. In the Obama economic stimulus
program's Department of Energy loans, companies owned and run by Obama
contributors and friends, like Solyndra's George Kaiser, received $16.4
billion. Those not linked to the president got only $4.1 billion. The Energy
Department is far from the only federal program in which favoritism has heavily
influenced federal grants. To paraphrase Tammany Hall's George Washington
Plunkitt, Obama has seen his opportunities and taken them, over and over. - Mark Tapscott / Executive Editor’
Republican senators decry
'useless, worthless' Clinton briefing...
Lewinsky set to reveal Bill
Clinton's sex secrets in tell-all book...
'Worst nightmare'...
OBAMACARE
TAX TO HIT 6 MILLION
MOSTLY MIDDLE CLASS
RASMUSSEN SWING STATES: R 47%
O 46%...
9-19-12 OBAMACARE
TAX TO HIT 6 MILLION
MOSTLY MIDDLE CLASS
RASMUSSEN SWING STATES: R 47% O 46%...
wobama doesn't remember how much national debt is...
'I ACTUALLY BELIEVE IN REDISTRIBUTION'...
ROMNEY: 'We believe in free people and free enterprise,
not redistribution'...
'I'll deliver recovery, not dependency'...
Deputy takes fall in 'Fast and Furious' probe...
NATO pullback heightens doubts about Afghan plan...
Decision 'shatters implausible claims of progress'...
Another day, another disaster...
Mich SecState: 4,000 noncitizens on voter rolls...
FRANCE TO CLOSE 20 EMBASSIES IN FEAR OF CARTOON BACKLASH
French mag runs drawing of Mohammad naked; riot police
stand guard...
Report: 4 injured in Paris explosion at kosher
store...
9-18-12 GALLUP: O 47% R 46%...
POLL CONFIRMS ROMNEY: OBAMA
HAS 47%... { Yes…and the really tragically sad part of that reality for
america is that it’s a strategy
of theirs, making americans dependant on the government (for food, protection
from bogus, self-created/induced bogey men/terror, protection from warranted
prosecution as with the largest frauds on wall street, corzine et als, mf
global etc.); and not just the poor; viz., ie., the frauds on wall street and
their contraindicated QE entitlement along with protection from prosecution for
their huge frauds, etc… }
Tax Compliance for Obamacare:
80 Million Hours...
O: 'I ACTUALLY BELIEVE IN REDISTRIBUTION'
Analyst: Fed's 'QE-Infinity' Will Push Gold Up to
$2,400...
Mortgage Lending Slides to
16-Year Low...
WSJ: The Data Behind Romney's
Comments...
REPORT: Median Income Worse
Now Than During 'Great Recession'...
'Unprecedented' Jump in Food
Stamps...
Russia reveals vast diamond
source under asteroid crater could supply world market for 3,000 years...
REPORT: NEWSPAPER AD REVENUES
COLLAPSE TO 1950 LEVELS...
NYC ranked dirtiest, loudest,
rudest city in USA...
Bailout cost counter...
REPORT: For every $1 added to
economy, $3 added to debt...
GALLUP: 67% OF DEMS SAY GOVT
-- SHOULD DO MORE!
Major Partisan
Divide on Appropriate Role...
9-17-12 ROMNEY GETS REAL: OBAMA
SUPPORTERS 'DEPENDENT ON GOVERNMENT'
GM WANTS OUT OF GOVT; OBAMA
SAYS NO...
Bailout cost counter...
REPORT: For every $1 added to
economy, $3 added to debt...
GALLUP: 67% OF DEMS SAY GOVT
-- SHOULD DO MORE!
Major Partisan
Divide on Appropriate Role...
8,786,049: Yet Another Record
for Americans Collecting Disability...
16 people
working for each person collecting..
Dollar hovers near seven-month
low; Euro gains...
inflation fears rise...
New movie features
disappointed Obama voters...
9-14-12 US credit rating
downgraded -- again...
PUMPING BLAMED...
CASH FOR BANKERS: Fed risks political fallout...
Faber: If I Were
Bernanke, I Would Resign... { Yeah…but you’re not ‘The Rain Man’
… he’s comfortable there … He’s not insane according to Einstein’s definition;
viz., doing the same thing over and over and expecting a different result …
He’s just … ‘The Rain Man’ (Doesn’t burnt out bernanke remind you somewhat of
Dustin Hoffman in portraying the character of the same name/film? If only he
could count like ‘The Rain Man’.) }
Gas Prices More than Double Under Obama: $1.84 to $3.85...
Kids Question Michelle: Where Will They Move When
President Loses?
'FULL-BLOWN CRISIS'
JITS: CAMPUSES EVACUATED, CLASSES CANCELED BY 'AL QAEDA
THREAT'...
Terror scare in Kansas City...
North Dakota State University bomb threat...
'Unspecified' threat at Valparaiso University...
Nuke Reactor Evacuated In Austin...
9-13-12 ELECTION
MANIPULATION: NEW PUMPING BEGINS!!
{
This is an especially great opportunity to sell this suckers’ market/take
profits! Nothing’s been solved! Just because ‘no-recession-helicopter-ben’ says
something, does not mean it’s true (remember that ‘no recession call’ of his;
and, of course, no QE before the election, prospectively, already discounted
many times over by the ‘markets, such as they are, ie., algo buy programs,
etc.. ). All this and now ‘whatever’ is
too little and too late for the uss Titanic which has taken on too much, not
water, but b***s***. This was a desperate move, bespeaking desperation.The fact
is things are ominously so bad, and worse than ‘allowed’ to be seen for the
moment, that something as this QE which is economically and financially
contraindicated and a proven failure for all but the frauds on wall street
along with their cohorts including desperate politicos, is resorted to in
desperation to divert attention from their unequivocal failure. After all,
though having cost so many americans their jobs with wrong calls and policies,
bernanke is trying to save his own by inflating the markets (along with
everything else, ultimately hyperinflationary)
for fellow failure wobama’s sake (wobama rehired failure bernanke,
President Romney would have fired, and will fire him … goldman sachs knew this
dollar debasing failed policy QE 3 would come and at the expense of the
muppets…that’s their term for all you suckers). I further believe this contraindicated
largess to the frauds on wall street is to preserve his post fedship tenure job
possibilities by ingratiating himself even further with those nefarious,
self-serving interest groups. }
STOCKS ROCK...
FED TO USE $40 BILLION A MONTH FOR BOND BUYING...
OPEN ENDED...
ROMNEY ASKED HIM NOT TO DO IT!
REPORT: Feds work month less per year than private
sector...
OBAMA GAFFE: WH CLARIFIES EGYPT NO 'ALLY' STATEMENT
ISRAELI ARAB OFFICIAL WARNS OF 'ARMAGEDDON'...
HILLARY TRIES TO COOL THE MOB...
State Dept alerts travelers...
Protesters storm American embassy in Yemen...
US Flags Burned at Tunisia embassy...
New Clashes in Cairo...
Consulate in Berlin evacuated...
Iraqi militia threatens U.S. interests...
'The Most Serious Challenge to Obama'...
Median income lowest since 1995...
Lower class grows...
NEW CLASHES OUTSIDE
US EMBASSY IN CAIRO
9/11: AMERICANS KILLED IN LIBYA...
ATTACK 'COORDINATED'...
CIA SAW NO THREATS...
OBAMA WENT TO SLEEP NOT KNOWING WHAT WAS HAPPENING
THERE...
**WARNING** **GRAPHIC PHOTO**...
Romney campaign links attacks to failed Middle East
policies...
MSNBC asks: 'Who's More Dangerous, the Supreme Leader in
Tehran or Netanyahu?'
OBAMA OFF TO VEGAS...
CONVENTION BOUNCE GONE: O 46% R 45%...
U.S. AMBASSADOR TO LIBYA, 3 OTHERS, KILLED IN ATTACK
American Ambassador 'Suffocated To Death'...
**WARNING** **GRAPHIC PHOTO**...
9-12-12 Median income lowest since 1995...
Lower class grows...
NEW CLASHES OUTSIDE
US EMBASSY IN CAIRO
9/11: AMERICANS KILLED IN LIBYA...
ATTACK 'COORDINATED'...
CIA SAW NO THREATS...
FOR FIVE HOURS, NO ONE KNEW WHERE AMBASSADOR WAS...
BODY NOT RECOVERED FOR 12 HOURS...
OBAMA WENT TO SLEEP NOT KNOWING WHAT WAS HAPPENING THERE...
**WARNING** **GRAPHIC PHOTO**...
Romney campaign links attacks to failed Middle East
policies...
MSNBC asks: 'Who's More Dangerous, the Supreme Leader in
Tehran or Netanyahu?'
White House gave 'mixed signals'...
Marines Headed to Libya to Reinforce Security...
PAPER: How Media Turned Obama's Foreign Policy Bungle into
a Romney Gaffe...
Open mic catches reporters coordinating questions...
OBAMA OFF TO VEGAS...
CONVENTION BOUNCE GONE: O 46% R 45%...
U.S. AMBASSADOR TO LIBYA, 3 OTHERS, KILLED IN ATTACK
American Ambassador 'Suffocated To Death'...
**WARNING** **GRAPHIC PHOTO**...
Romney Calls Obama Response: 'Disgraceful'...
Muslims Attack US Embassies...
Mobs with guns and rocket-propelled grenades...
FLASHBACK: Hillary Clinton boast on Gaddafi: 'We came, we
saw, he died'...
PROTEST: $9 gallon for gas in NY and NJ...
Why did Obama use N-word to describe his grandfather?
Suspected Bank Robbers Toss Cash Out Window During Police
Chase...
VIDEO...
{ A neighborhood nigger in response to a reporter lauded the criminal
acts of the armed niggers saying they brought cash into the neighborhood where
(other niggers) ‘people’ are hurting. Isn’t that among the typical
rationalizations that underlie every dastardly deed perpetrated by the
uncivilized niggers? The niggerized DOJ under holder/obama similarly finds ways
to rationalize not prosecuting as promised; ie., biggest frauds on wall street,
mfglobal/jon corzine, defense of and protection for black panthers, etc.. How
can people wonder why this nation’s crumbling? }
9-11-12 MOODY'S WARNS: US CREDIT RATING COULD BE CUT...
Germany: 'Great Uncertainty' About US Debt...
STRIKING TEACHERS BEGIN TO TURN ON PRESIDENT...
Obama On Track To Have Worst Job Record Since WWII...
Spies press for renewal of broad electronic surveillance
law...
MOB STORMS EMBASSY IN CAIRO...
TEAR DOWN AMERICAN FLAG...
BLACK FLAG RAISED...
'There is no God but Allah and Mohammad is his
messenger'...
FLASH: US consulate in Libya set on fire...
9-10-12 ROMNEY: 'Forwarned' is better than 'forward''... { Sampling some of the network talking head
roundtables over the weekend I was astounded how many wobamanoid apologists
talked up the dismal, paltry private jobs, many part-time or low-pay, without
mention of the record insurmountable $5 trillion increase in the deficit to
create them for the purpose of obfuscating wobama’s blatantly failed
performance as potus. Such people, either so partisan, so unschooled in the
relevant disciplines, so ill-prepared for the journalistic task entrusted to
them, literally have no defendable place in the field of real journalism and
are an embarrassment to all that journalism purports to be. }
DICK MORRIS: Obama Thugs Rough Up GALLUP For Polls They
Don't Like...
POLL: O 49% R 45%... reuters/ipsos – the
socialist/communist pollsters…they have a lot at stake…look at their socialist
europe and left-leaning city bases. Their polls can’t change what already is!
DEMS SOFT ON WALL STREET CRIMES...
FLASHBACK: CARTER +4 OVER REAGAN IN SEPT 1980 [+8 IN
OCT]...
FLASHBACK: DUKAKIS +17 OVER BUSH AFTER DNC 1988...
DICK MORRIS: Advantage Romney...
REPORT: GOV'T MOTORS LOSES $49,000 ON EACH CHEVY
VOLT...
'The Democrats' GM Fiction'...
Pentagon buys hundreds to 'green up' military...
Gun Sales Surging...
Woodward: A president cornered...
MAG: An Overdose of Hope...
OBAMA PIZZA MAN PLEADS: DON'T BOYCOTT ME!
CHICAGO TEACHERS WALK OUT...
Turn Down 16% Pay Raise...
Have Highest Average Salary In Nation...
Average $76,000 per year before benefits...
SCHOOLS OPEN -- BUT JUST TO SERVE FREE MEALS...
400,000 STUDENTS UNLEASHED...
Cops Pour Onto Streets'...
9-7-12 8.1%
+96,000
FED SET TO PUMP
368,000 DROPPED OUT
88,921,000 'NOT IN LABOR FORCE'
Milbank: Demigod falls to earth... { After four
years of unbridled, unfounded, blind faith in and defense of wobama the b for
b***s***, it truly makes my heart soar to see Mr. Milbank finally walk into the
light! Indeed, David Bowie (Nicholas Roeg’s ‘Man Who Fell to Earth’), wobama is
not; not that even David Bowie could have siphoned/drained the vote as did
grifter/conman/parasite obama. Yet, it cannot be denied that nobody, no news
organization, not even a government agency did their homework in vetting this
complete and utter fraud called ‘barack obama’! } ‘…After a
couple of nights at the Time Warner Cable Arena, the convention was to have
closed with President Obama’s acceptance speech at the Bank of America Stadium,
where convention officials were planning to squeeze nearly 6,000 seats onto the
field to expand the stadium’s capacity beyond its usual 74,000. But the speedway event was
canceled — ostensibly because of logistical problems but more likely
because convention fundraising was
running low. Then the Democrats canceled the stadium event
in favor of the smaller arena — ostensibly because of “severe thunderstorm”
concerns but more likely because they couldn’t be sure enough people would come
to fill the stadium.In fact, the forecast hadn’t called for severe weather, and
conditions were fine Thursday night. The change caused thousands to be turned away,
and the crush of crowds at the arena led authorities at one point to lock down
the building for a second straight night – leaving some delegates on the street
while lobbyists enjoyed the proceedings inside…’
CLINT SPEAKS: Obama 'greatest hoax ever perpetrated on
American people'... { I think Clint is too kind in euphemistically
referring to and characterizing wobama as merely a hoax as opposed to the
indisputable fraud, grifter, conman that obama most certainly is! }
White House to miss deadline for report on 'fiscal cliff'
budget cuts...
O:
I'M NOT DONE YET { He’s done! }
NOONAN: 'Stale and
empty... he is out of juice'...
OBAMA HAMMERED IN FIRST REVIEWS...
FROM THE LEFT: TOMASKY: Pedestrian and Overconfident...
FROM THE RIGHT: KRAUTHAMMER: 'One Of The Emptiest I Have
Ever Heard'...
AP: Obama and the phantom peace dividend...
9-6-12 O: I'M NOT DONE YET { He’s done! }
NOONAN: 'Stale and
empty... he is out of juice'...
OBAMA HAMMERED IN FIRST REVIEWS...
FROM THE LEFT: TOMASKY: Pedestrian and Overconfident...
FROM THE RIGHT: KRAUTHAMMER: 'One Of The Emptiest I Have
Ever Heard'...
AP: Obama and the phantom peace dividend...
Reporters Using 'Fake Names' to Buy Campaign Merchandise
and Donate at DNC...
DNC delegates: Let's ban corporate profits!
Greek unemployment rises to 24.4%...
Separatism threatens future of Spain...
Hungarian Leader 'Unfriends' IMF on His FACEBOOK Page,
Rejects Tough Loan Conditions...
REPORT: San Antonio Mayor Castro 'Doesn't Really Speak
Spanish,' Had To Hire Tutor...
Lobotomy
Joe’s derivative, hypothetical endorsement from ‘One Step Beyond’: 'My dad respected
Barack Obama - would've respected Barack Obama if he'd been around'...
UPDATE: Woman Who Contracted Flesh-Eating Bacteria From
Dog Saliva Dies...
9-5-12 Drudgereport: Dems Ram 'God' and Jerusalem Back into Platform...
VIDEO...
Delegates at convention boo, hiss, jeer...
REPORT: Obama had seen language prior to convention 'but
did not seek to change it'...
HALL DIVIDED...
Jewish, Palestinian Leaders Fume...
Romney: 'I think it's a very sad day'...
9-4-12 Drudgereport:
UPDATE: Obama gives himself an 'incomplete' grade... { Wow! The audacity! The unmitigated gall!
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. Did wobama expect that these things would in choom fashion magically
come to fruition while he was ‘workin on his tan’, golf swing, or shootin’
hoops on the taxpayer dime? http://albertpeia.com/wobamaschoomgangfantasy.htm
The point is that you don’t
have to love Romney but you at least have to like yourself in saying ‘NO!’ to
more wobama b***s*** which is all that he is. Have some self-respect. His grade
is unequivocally ‘F’ for failure, having failed to do as promised which
coincidentally is a direct cause among others of this debacle called america’s
dark obama years. All the talk/b***s*** cannot change that reality. }
Poll: R 48%
O 44%
RASMUSSEN: ROMNEY 47% OBAMA 44%...
GALLUP: ROMNEY 47% OBAMA 46%...
Dem Gov.: We're Not Better Off Now...
GALLUP: Obama Job Approval Drops to 43%...
PROTESTERS VOW BIGGER CROWDS IN CHARLOTTE...
'Occupy' encampment re-opens near Dem convention...
DNC security rules trigger free speech worries...
KING: Obama presidency has been time of deep Dem
decline...
Frustrated union leader throws empty chair...
RECORD-HIGH LABOR DAY GAS PRICES GREET DEMS IN CHARLOTTE...
RYAN: President 'running campaign based on envy and
division'...
GOP launches 'Obama Isn't Working' message...
SUNDAY: Dem Gov. -- We're Not Better Off Now...
MONDAY: 'We're Clearly Better Off'...
BIDEN: 'If It Weren't So Hot I'd Go Into Detail'...
Debt to hit $16 trillion just as party gavel in
convention...
Dems to bus in black church members from SC...
ID required to attend...
'GODFATHER' TO CUT DNC TRIP SHORT...
Chicago schools brace for strike...
Dems Drop 'God' From Party Platform...
REUTERS PHOTO DEPICTS HARRY IN HELLFIRE...
Endorse taxpayer-funded abortions...
DNC Video: 'The Government Is The Only Thing We All Belong
To'...
ABCNEWSWASHPOST POLL:
Obama personal popularity fading...
Women Turning...
DEBT TOPS $16T...
$136,249 Per Household...
FOOD STAMP USE CLIMBS TO RECORD 46.7 MILLION...
Key SOLYNDRA figure 'ran for exit' after seeing ABCNEWS
cameras on DNC floor...
UPDATE: Obama gives himself an 'incomplete' grade...
POLL: Just 40% say he deserves second term...
POLL: Less Than Half of Army Officers in Afghanistan
Report High Morale...
Panicking Spaniards
Pull Out Cash, Leave Country...
Depression, Suicides Rise as Euro Debt Crisis
Intensifies...
MOODY'S Changes Rating Outlook to 'Negative'...
COPS: Mother Forces 10-Year-Old Boy To Rob House... { Shafique (black) and her son ran away but
Lynnwood police arrested her. They found a stolen laptop and crack cocaine. }
8-31-12 CHICAGOLAND: SHOOTING BLOCK FROM OBAMA'S HOUSE; 2ND IN
WEEK
Global food prices
jump 10% in month!
Bernanke spells out feeble state of economy...
Defends Bond Buying…{for fraudulent wall street’s benefit
only-you’re paying for it, in higher prices, etc., there’s no free lunch}...
Oil surges...
Japan to cut state spending, could run out of money in
month...
LANCE ARMSTRONG'S PERSONAL ASSISTANT UNLOADS... http://www.outsideonline.com/outdoor-adventure/biking/road-biking/My-Life-With-Lance-Armstrong.html { What a total scumbag atheist lance
armstrong is! He’s really bad news! What a total fraud armstrong is! }
8-30-12 President Romney Biographical Tribute Airs at RNC...
OBAMA: I Didn't Do Good Enough Job Selling Americans On
Stimulus Plan...
Billboard features child flipping off president...
Half of Americans die nearly broke...
REPORT: Correspondence and collusion between NYT and
CIA...
8-29-12 SHOCK CLAIM: Obama Honors Fallen SEALs By Sending Parents
Form Letter Signed By Electric Pen...
25+ INCHES OF RAIN SLAMS LA...
MRS. AMERICA
{ Indeed! Her speech was well delivered, poignant, truthful and
touching! }
CHRISTIE SPEECH: TEXT... { I had no idea Gov. Christie was a former federal
prosecutor. Maybe he could find out what happened to asst. us attorney Jonathon
Lacey, the files/documents/exhibits etc., from as well, former us attorney
alito and fed judge maryanne trump barry, former us trustee Leonard, etc. … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
}
8-28-12 MRS. AMERICA
{ Indeed! Her speech was well delivered, poignant, truthful and
touching! }
CHRISTIE SPEECH:
TEXT... { I had no
idea Gov. Christie was a former federal prosecutor. Maybe he could find out
what happened to asst. us attorney Jonathon Lacey, the files/documents/exhibits
etc., from as well, former us attorney alito and fed judge maryanne trump
barry, former us trustee Leonard, etc. … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
}
Gasoline To Hit Labor Day Record Price...
University of Virginia Declines Obama Campaign
Request...
EX-NFL GREAT TO BLACKS: SAY NO TO OBAMA...
70% of Obama's 19 million TWITTER followers fake...
CHICAGOLAND: 13 shot in 30-minute span...
FLASHBACK: Obama -- 'Chicago Is Example of What Makes This
Country Great' { Wow! Talk about choom fantasy… unless you’re a fan of…Al
Capone! } ...
8-27-12 Protesters Dressed As Giant Vaginas Greet Delegates...
{ Indeed…what a bunch of c**ts…just kidding! } Video...
'Kill Mitt Romney' FACEBOOK Page Has 27 Likes, Still
Online... {The epitomy of hypocrisy and desperation!}
FEDS: Too few Americans 'turn to the government for
assistance'...
BOX OFFICE: Anti-Obama Movie #1... Developing...
University
of Virginia Declines Obama Campaign Request...
EX-NFL GREAT TO BLACKS: SAY NO TO OBAMA...
70% of Obama's 19 million TWITTER followers fake...
Godfather on Casino: 'I Want it For Our Kids'...
CHICAGOLAND: 13 shot in 30-minute span...
FLASHBACK: Obama -- 'Chicago Is Example of What Makes This
Country Great' { Wow! Talk about choom fantasy… unless you’re a fan of…Al
Capone! } ...
8-24-12 BOX OFFICE: Anti-Obama Movie #1... Developing...
University
of Virginia Declines Obama Campaign Request...
EX-NFL GREAT TO BLACKS: SAY NO TO OBAMA...
70% of Obama's 19 million TWITTER followers fake...
Romney To Hometown Crowd: 'No One Has Asked To See My
Birth Certificate'...
8-23-12 FOXNEWS POLL: Romney Pulls Into Lead...
Republicans
eye return to gold standard...
Romney Reiterates He Would Replace Bernanke...
Analysis: Incomes Fall More Under Obama...
Big Loss for Those Near Retirement...
USA $20 trillion in debt by 2016...
FABER: Odds of
Global Recession Are 100%...
8-22-12 GALLUP: Romney edges Obama...
Texas Judge Preparing For 'Civil War' If Obama
Re-Elected...
ROMNEY: President 'Has Tried To Substitute Government For
Free People'...
PAPER: THE LEFT HAS BEEN TOO KIND TO OBAMA...
Feds join 'false claims' suit against polling firm...
Postal Worker's Vacation Halts Mail In Jersey City, NJ...
TINA FROWN!
{ Newsweek on wobama’s failed presidency – Newsweek relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47% OBAMA 45%
8-21-12 $500,000 of stimulus cash spent to air Obama ads during
Olbermann, Maddow shows...
Romney raising cash from traditionally Dem cities...
Switzerland objects to Obama campaign film slur...
Americans tune out Afghan war as fighting rages on...
TINA FROWN!
{ Newsweek on wobama’s failed presidency – Newsweek relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47% OBAMA 45%
ROMNEY: Time to Audit the Fed...
GAS PRICES SET RECORD...
Poll: Not better off now than
in 2008...
8-20-12 TINA FROWN!
{ Newsweek on wobama’s failed presidency – Newsweek relevant! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm }
GALLUP: ROMNEY 47% OBAMA 45%
ROMNEY: Time to Audit the Fed...
OBAMA DENIES FELONY SMEAR ON ROMNEY...
'We don't go out of bounds'...
FLASHBACK: 'Romney committed a felony or lied to
voters'...
8-17-12
GALLUP: ROMNEY 47% OBAMA 45%
Romney Supporter Spat On by 83-year-old Protester in
Wisconsin...
RNC touts record-breaking July fundraising...
FACEBOOK freefall
continues...
Investors Losing Faith...
Zuckerberg: 'Painful'...
More California cities at risk of bankruptcy...
Woman who rescued animals killed in dog attack...
8-16-12
WON'T BREAK THE CHAIN:
STICKING WITH LOBOTOMY JOE!
ROMNEY, RYAN PREPARE FOR ASSAULT ON OBAMA'S SPENDING...
U.S. Foreign Debt Hits Another Record...
Democrats' nerves start to show...
VA BAKER SAYS NO TO BIDEN STOP...
Secret Service buys cupcakes as thanks...
Customers flock
in...
'OBAMA CAN KISS OUR A**'...
HOW LOW WILL IT GO? FACEBOOK STOCK PLUNGES...
Has lost half of value...
JULY DEADLIEST MONTH OF 2012 FOR TROOPS...
ARMY SUICIDES SET RECORD...
FBI: Federal court clerk sold secret info to L.A.
gangsters...
New Jersey unemployment rate at 9.8%, highest since
1977...
REPORT: GM's European failure will prompt second Obama
bailout...
CHICAGOLAND: City Worker Caught Stealing 500 Feet Of
Copper -- Off Midway Airport Runway!
Ecuador grants WIKILEAKS founder asylum...
40 police surround embassy...
U.S. denies pushing arrest...
Obama defends Biden on 'chains' comment...
HE DID IT AGAIN: LIVING IN WRONG CENTURY!
REPORT: Obama has 22 days to drop Biden from ticket...
VIDEO: Biden Refers to Ryan as 'Governor'...
Now Social Security Administration To Purchase 174
Thousand Rounds Of Bullets!
Hypersonic aircraft crashes seconds into military test
flight...
Thousands of Federal Retirees Get Six-Figure Pensions...
CHICAGOLAND: 50,000 line up for Obama amnesty program...
Labor Dept. Attempts to Stop Layoffs by Giving $100
Million to States, Subsidize Payrolls...
VIDEO: Biden Imitates Sign Language Lady… [ I’m quite
serious when I say lobotomy joe biden had part of his brain removed… he
literally had part of his brain surgically removed…his nonsensical outbursts
are symptomatic of lobotomies generally…] ...
Wonderment Whether Biden Has 'Mental Capacity' for
Presidency...
VP says 'We can win North Carolina' -- while campaigning
in Virginia...
REPORT: Ill. state workers forced to attend Pelosi, Jesse
Jackson Jr. event on taxpayer dime...
Buchanan: 'Obama has steadily diminished both himself and
the office he holds'...
Campaign admits knowing story behind flawed PAC attack
ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs Low...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression
}
SPIRITS SPEAK TO PELOSI ( Riiiiight! And they keep telling
her… ‘bankrupt america…bankrupt america…bankrupt america’….she believes them,
tries her best to comply, and follows their advice! Meanwhile, by way of séance, hillary getting the message…’more
world strife…more world strife…more world strife…’ and she’s complying! Not to
be left out of democratic party stratagems, wobama’s been seen sticking pins
into a doll that bears an uncanny resemblance to President Romney… If only they
had a real strategy and knew what they were doing! ) ...
Over 100M in America on Federal Welfare...
8-15-12
Obama defends Biden on 'chains' comment...
HE DID IT AGAIN: LIVING IN WRONG CENTURY!
REPORT: Obama has 22 days to drop Biden from ticket...
VIDEO: Biden Refers to Ryan as 'Governor'...
Now Social Security Administration To Purchase 174
Thousand Rounds Of Bullets!
Hypersonic aircraft crashes seconds into military test
flight...
Thousands of Federal Retirees Get Six-Figure Pensions...
CHICAGOLAND: 50,000 line up for Obama amnesty program...
Labor Dept. Attempts to Stop Layoffs by Giving $100
Million to States, Subsidize Payrolls...
VIDEO: Biden Imitates Sign Language Lady… [ I’m quite
serious when I say lobotomy joe biden had part of his brain removed… he
literally had part of his brain surgically removed…his nonsensical outbursts
are symptomatic of lobotomies generally…] ...
Wonderment Whether Biden Has 'Mental Capacity' for
Presidency...
VP says 'We can win North Carolina' -- while campaigning
in Virginia...
REPORT: Ill. state workers forced to attend Pelosi, Jesse
Jackson Jr. event on taxpayer dime...
Buchanan: 'Obama has steadily diminished both himself and
the office he holds'...
Campaign admits knowing story behind flawed PAC attack
ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs Low...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression
}
SPIRITS SPEAK TO PELOSI ( Riiiiight! And they keep telling
her… ‘bankrupt america…bankrupt america…bankrupt america’….she believes them,
tries her best to comply, and follows their advice! Meanwhile, by way of séance, hillary getting the message…’more
world strife…more world strife…more world strife…’ and she’s complying! Not to
be left out of democratic party stratagems, wobama’s been seen sticking pins
into a doll that bears an uncanny resemblance to President Romney… If only they
had a real strategy and knew what they were doing! ) ...
Over 100M in America on Federal Welfare...
8-14-12
DER SPIEGEL: Investors Prepare for Euro Collapse...
Summer of gloom in Rome...
Honeymoon over, outlook worse for French president...
...vows to impose order after rioting
Obama campaign: 'We have no problem with those
comments'...
ROMNEY camp: 'New low for o'...
8-13-12
UPDATE: Taxpayer loss on auto bailout revised upward to
$25b...
Obama Campaign Defends President's $700 Billion Cuts to
Medicare...
HOUSE SUES HOLDER
10,000+ ROMNEYRYAN RALLY IN WI
REPORT: Obama fundraiser in Chicago. 'Admission only $51,
but room is half full'...
GOOGLE to Cut 4,000 Jobs...
NO DOUBT: Michelle O Has 'Sunday of Fun' at Stefani's
House...
UPDATE: Jesse Jackson Jr. being treated for bipolar
disorder... { Mayo
Clinic: Jackson has bipolar depression
}
U.S. destroyer collides with oil tanker in Strait of
Hormuz...
Greece sinks again, more cuts to save bailout in store...
Merkel ally sends stark warning...
8-10-12 VIDEO: Paul Ryan
took apart Obama and Obamacare -- in 6 minutes!
Romney Running Mate 9AM ET Saturday in Norfolk...
Nauticus Museum, home of USS Wisconsin...
SOURCES: Final names were Ryan, Rubio, Pawlenty,
Christie, Portman and one unnamed wild card...
ROMNEY MADE CALLS LATE LAST NIGHT TO THOSE WHO DID
NOT GET SLOT...
Obama Super PAC Ready to Launch More 'Incendiary'
Attacks...
GALLUP: O APPROVAL SLIPS TO 43%...
SPIKE LEE: 'EXPECTATIONS WERE WAY TOO HIGH'...
REPORT: STAR OF FLAWED 'CANCER' AD OFFERED BUYOUT...
'A cancer within the cloak of the Presidency'...
U.S. banks told to make plans for preventing collapse...
Niggertown DC judge robbed at gunpoint...
NINTH CIRCUIT COURT HEADS TO HAWAIIAN JUNKET DESPITE
OUTCRY
YOGA, SURFING, ZUMBA DANCING!
8-09-12
Buchanan: 'Obama has steadily diminished both himself and
the office he holds'...
Campaign admits knowing story behind flawed PAC attack
ad...
UPDATE: Postal Service Posts Big Loss as Cash Runs Low...
ITALY SLAMS GERMANY IN EU FIGHT...
More Abandoned Children as Austerity Wears On...
Greek jobless rate hits record...
8-08-12
Over 100M in America on Federal Welfare...
Gingrich Warns: Obama 'direct threat' to my
grandchildren's future...
BOOK: Blago claimed $25,000 channeled to Obama...
Nearly half of long-term U.S. immigrants are on welfare...
$5.2b in fraudulent tax refunds to immigrants...
8-07-12
Romney says Obama favors 'culture of dependency'...
OBAMA: 'I'm not the president of black America'… { Well,
meaningless distinctions notwithstanding, as of January 21, 2013, this failed president
B.0. is president of nothing! } ...
Blames State, Local Govts, Congress for 14.1% Black
Unemployment...
Voters in Detroit Turned Away For Refusing To Fill In
Citizenship Box On Ballot...
Polls open late after official oversleeps … { just another
day in niggertown detroit! } ...
Obama stops taking questions from press...
8-06-12
Obama stops taking questions from press...
Biden Takes Another Week Off...
OBAMA (who plays his 104th round of golf as potus) POPULARITY
SOARS -- IN NIGGERTOWN DC!
Plays 104th round of golf (as nation flounders)...
HARRY REID HELPS CHINESE SOLAR FIRM REPRESENTED -- BY HIS SON!
PAPER: It's time to fight back against Dirty Harry...
Wife: Rep. Jesse Jackson Jr. getting treatment but 'still
very depressed'...
Ethics investigation continues...
DEVIL WENT DOWN TO DC: Charlie Daniels unloads 'dag-blamed
truth' on Obama...
NEW RULES: Obama weighs executive-order on 'Internet
security'...
REPORT: IRAN TEST-FIRES SHORT-RANGE MISSILE...
Iran airs confessions in murder of Iranian scientists...
Goes offline to dodge cyber-attacks...
BLOODBATH IN WISCONSIN...
Milwaukee suburb...
Video...
Cash pours in to Romney campaign; another $100 million
month...
8-03-12
POLL: Obama Job Approval Slips to 44%; Matches 2012 Low...
8.3% { Unemployment, plus record on disability,
part-timers, underemployed, on food stamps, etc., upwards of 15% U6 with ‘stopped looking’ fudge factored, etc.. }
Godfather refers SOLYNDRA questions to consigliere in
White House...
Colin Powell's Son As Next DC Mayor? { Sure!
What else! Niggers for niggertown! And, all sides of all issues incompetent
token black powell progeny at that! }
Clint Eastwood backs Romney: 'Country needs boost'… { Clit
redeems himself … I’m impressed! } ...
{ Here’s another lift Clint: } PHELPS MAKES MORE HISTORY WITH FLY...
Zuckerberg has lost $9 billion since IPO...
8-02-12
GM PROFITS PLUNGE 41%...
Feds keep buying more cars...
HEATWAVE ON HILL:Romney to Reid: 'Put up or shut up'...
Dems apologize to Adelson for 'Chinese prostitution'
comments...
Mainstream Media Blacks Out CHICK-FIL-A Story?
FAKEBOOK MILLIONS: PETS MAKE PAGES...
8-01-12
POLL: Romney jumps to 20-point
advantage among white voters...
WAIT FOR FALL: Fed Sees Economy Slowing But Holds Off on
New Steps...
Gigantic NYC Sinkhole Swallows
Cars Whole...
OBAMA AUTHORIZES SECRET SUPPORT FOR SYRIAN 'REBELS'...
Obama speaks with world leader while holding baseball bat?
7-31-12 POLL: Romney jumps to 20-point
advantage among white voters...
Obama donates cash to his own
campaign...
THE GREATEST IN HISTORY! {
Congratulations to Michael Phelps! }
CLAIM: The Real Crash is dead
ahead as 2008 is forgotten...
FACEBOOK HIT WITH NEW
SELLOFF...
7-30-12
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Court Finds Obama Appointees Interfered with New
Black Panther Prosecution...
UPDATE: Jesse Jackson Jr. at Mayo Clinic for
depression...
D.C. pays students $5.25 an hour -- to attend summer
school!
Corn prices hit record as crops shrivel...
UPDATE: SEATS STILL GO EMPTY IN LONDON...
PM Cameron: 'We can do better'...
Parents of athletes turned away in mixup...
Games turn London into 'ghost town'...
7-27-12
POLL: ROMNEY PULLS TO 5 POINT LEAD...
Same 5-point lead that Obama had at this point in
'08...
SLUMDOG OLYMPICS...
Dancing nurses, bouncing sick children, huge hospital
beds...
Opening Ceremony reflects 'deeply left-leaning
sensibilities' of producer Boyle...
7-26-12
REPORT: MF GLOBAL was client of AG Holder's law
firm...
Justice Dept employees accused of nepotism, ethical
lapses...
ZUCKED: FACEBOOK Ad Growth Slows; Shares Skid to
Fresh Low...
PLUNGE ANOTHER 11% IN AFTER HOURS...
7-25-12
ROMNEY MOVES INTO LEAD AT GALLUP, RASMUSSEN...
WARNS 'WE'RE GOING TO END UP LIKE EUROPE'...
Greece to run out of money by August 20...
Cash-Strapped French Socialists Face Austerity...
UK in longest double-dip recession in 50 years...
Obama campaign stepping up damage-control over 'you
didn't build that' remark...
CITI Creator Says Banks Should Be Broken Up...
Feds: Drought to Drive Up Food Prices...
Up 3.7% last year...
DEMS REGISTER THE DEAD?
Drug money funds voter fraud in Kentucky...
REPORT: State systems for overseas voters vulnerable
to hacking...
Mayhem in Anaheim as protesters clash with police...
Mobs smash windows, set fires...
Escalation...
UPDATE: FBI moves in...
Angry crowd confronts police after shooting in
Dallas...
Ron Paul bill to audit The Fed overwhelmingly
approved by House...
...seen dying in Senate
7-24-12
'JOKER' ON $26K FEDERAL GRANT
{ There you go…a future government slug cut down in his prime…probably would
have worked bio-chemical weapons… }
USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
DICK MORRIS: 'NASTY' OBAMA IN FAVORABILITY DIVE...
Campaigns ease back into fighting mode...
Obama Reminds Supporters: 'I’m Term-Limited After
This'...
FOR SALE: Obama films campaign commercial inside West
Wing...
ABCNEWS taking steps to stop reporting
inaccuracies... { Sounds like a plan! }
PAIN IN SPAIN BRINGS MORE DRAIN...
MOODY'S Cuts Outlook on Germany, Two Others...
Cash-strapped Argentine town pays employees by
raffle...
10 Italian cities at risk of bankruptcy...
7-23-12 USATODAYGALLUP POLL: Romney preferred over Obama to
handle economy...
It's Official: 5 Straight Years of $1 Trillion
Deficits!
OBAMA CAMPAIGN RUNS DEFICIT IN JUNE...
Spent $2.6 million -- on polling?
Paid $93k for Half-Empty Stadium Kick-Off Event...
US poverty on track to rise to highest since 1960s...
CHICAGOLAND COPS: Teens kill man in 'knock 'em down'
game...
Workers on Disability Set Another Record in July...
Greek PM: Country is in 'Great Depression'..
'Eyes rolling, head swaying'...
'Listless'…[ Zombie ]...
Mother disputes ABCNEWS report...
Network stands by it...
Largest mass shooting in U.S. history...
San Fran Considers Strict Outdoor Smoking Ban --
Except For Medical Marijuana...
7-20-12 'JOKER' KILLS 12
SMIRK OF THE BATMAN PSYCHO...
WHY DID HE DO IT?
Ph.D. student in neuroscience...
'Really smart'...
Struggled to find work...
Collecting unemployment...
'No one knew him; No one'...
Left loud music playing in his apartment...
Had 'swagger'...
TMZ: Cops Investigating Sex Site Profile...
Told Cops He 'Was the Joker'...
Photos: Gas mask and assault rifle left at cinema...
LIVE UPDATES...
Director Nolan condemns as 'savage' and
'appalling'...
7-19-12 NYC jobless rate hits 10%...
Huge protests against austerity cuts erupt in
Spain...
...firemen strip naked
Rubio likens Obama to 'left-wing third-world
leader'...
7-18-12 CANADIANS NOW RICHER THAN AMERICANS
(That’s pretty poor!)
Dem Effort in Congress To Pressure Romney; Release
More Tax Returns...
Harry Reid: 'We Do What We Can to Protect the
President of the United States'...
REPORT: Most members of Congress keep their tax
returns secret...
FOXNEWS HANNITY INTERVIEWS ZIMMERMAN... DEVELOPING...
Top Syrian defense officials killed in suicide
blast...
Russia accuses West of inciting opposition...
STUDY: Girls As Young As 6 See Themselves As Sex
Objects... { Wow! This is really quite alarming and bespeaks
america’s new-found perverse, third-world uncivilized status, which is ‘picked
up’ by kids who in some ways are smarter than given credit for with a
vulnerable longing to please, be accepted in light of their powerless position
in our ever more deteriorating society. For the record, personally, I’ve never
had a virgin though I’ve been in a position to; that’s something I just don’t
do. Never have, never wanted to, never would, never will! Moreover, with the
prevalence of sick pedophiles and kiddie-porn, it’s not so surprising that kids
might pick up on such abominable vibes. It is difficult to imagine that little
girls could be the objects of such horror as, ie., Samantha Runnion ( who was
kidnapped, sexually abused and strangled by a man who lured her from her
front yard by telling her he had lost his dog. Her naked body was found the
next day by a hiker in Cleveland National Forest, 50 miles southeast of Stanton.[1] The autopsy revealed
that she died from compression. A sample of the kidnapper's DNA was found under her fingernail. The
suspect, a Lake Elsinore, California, man named Alejandro Avila, was
convicted of first degree murder with special circumstances in May 2005. His
DNA was found on Samantha's body, and her DNA was found in his car. He was
arrested three days after the abduction. Avila had previously been to the
condominium complex where Samantha lived, because his ex-girlfriend resided there
and he had been previously acquitted of molesting her daughter and niece. On
May 16, 2005, the jury recommended he receive the death penalty. On July 22,
2005, Avila was formally sentenced to death. He is incarcerated at San Quentin State Prison on death row ). As an
aside, I’ve included the following for the record as well: Though I’ve had many
consensual sexual liasons with many different female sexual partners
(mid-hundreds) all of whom I liked, I’ve never, ever resorted to prostitutes.
The accidental exceptions included two ‘call girls’; one having met at summer
beach town bar matinee and who was ‘not working’ (as it turned out the reason
being she was at the end of her menstrual cycle). The other at a grocery store
with her daughter which made such in my mind, unlikely. As it turned out, both
were ‘nymphomaniacs’ (which, truth be told, made for quite an exceptional
sexual romp) and I simplistically inferred/surmised without dwelling on the
subject that they probably expected they’d have inordinate amounts of sex
anyway and might as well get paid for it – of course I didn’t nor was I asked
to. The other incident I’m including here for the record concerned an
absolutely beautiful (blonde hair, blue eyes, pretty, cute, perfectly
built/proportioned – make no mistake, however, I like brunettes also) girl I
met at a bar called ‘the Red Ranch’, later changed to ‘Harpoon Willy’s’. At
closing, we immediately became amorous, near intimate to a point in my car with
abrupt ‘resistance’ at the ‘crucial moments’. When I finally, ‘exasperated’,
asked ‘what’s up’, she stated she had recently broken up with her boyfriend who
had gone too far in the ‘sado-masochistic’ ritual behavior they were, and she
still was into. I told her I wasn’t into it
(I don’t connect sex with sado-masochism); never would, never did, never
will. We talked for quite some time and she explained her ‘predisposition’ the
(her perceived) consequence of her strict, puritanical upbringing and feelings
of guilt concomitant with sexual activity requiring coincident punishment/pain
when so engaged. I was busy with law school evenings, work, and teaching at a
local college part-time and parted ways without taking her number and never did
see her again. } { Previously, for the
record: Yes...it's
absolutely, unequivocally true that blacks are inherently uncivilized and in
evolutionary terms, only evolved to a point ( http://albertpeia.com/anthroindex1.htm ). They are themselves
racist, intolerant, hypocritical [ UPDATE:
MORE CLAIMS OF RACE BIAS AT HOLDER JUSTICE DEPARTMENT... (WP)
‘ignore
cases that involve black defendants and white victims ' ], and prone to violence as with any
feral animal. Moreover, I must admit that I find their simian look repulsive;
and, even before totally realizing the foregoing reality owing to
self-destructive egalitarian propaganda, never did and never would know a black
female in the biblical sense (despite their ‘intrusively easy availability’, in
my view a form of bestiality - not a matter of skin color inasmuch as I have
‘known biblically’ red-Indian, brown-Hispanic, yellow-Oriental women). Wobama
the b for b***s*** is a typical, jive-talking 'n-word' and consequently as
well, an abject failure as president. I was fortunate to have no blacks
whatsoever in my schools (schooling) through high school. }
7-17-12 VIVA: OBAMA
DECLARES TEXAS 'BATTLEGROUND STATE' -- SOON...
Star of
Pro-Obama Super PAC Ad Unloads: 'Obama Is a Jerk, a Pantywaist, a Lightweight,
a Blowhard'... The star of a pro-Obama super PAC ad is speaking out
against ... President Barack Obama."I could really care less about
Obama," Donnie Box says of President Obama, according
to In These Times. "I think Obama is a jerk, a
pantywaist, a lightweight, a blowhard. He hasn't done a goddamn thing that he
said he would do. When he had a Democratic Senate and Democratic Congress, he
didn't do a damn thing. He doesn't have the guts to say what’s on his
mind."Box, In These Times reports, won't be voting for Obama.
Here's the pro-Obama, anti-Bain Capital ad Box appeared in: …’
Obamas have
up to $450K in companies that ship jobs overseas...
UPDATE: Chevy
Volt Makes NO Money, Costs Taxpayers Hundreds of Thousands of Dollars Per
Car...
CA cities eye
plan to seize mortgages...
Broke San
Bernardino can't pick up garbage anymore...
Chicago
suburb's water contaminated with vinyl chloride...
Slow progress
predicted for unemployment...
Dems beg
Bernanke for more easing before election...
DR. GLOOM
CNBC: How Close Are We to New Great
Depression? { Already there! }
CREDIT RATING
AGENCIES TO FALL UNDER GOV'T OVERSIGHT { Fake your ratings or else says
extortionist, pervasively corrupt, defacto bankrupt america! } ...
7-16-12
Obama Goes Wild: 'If you've got a business, you
didn't build that. Somebody else made that happen'... {
Riiiiight! That ‘minority owned business’ incentive for government contracts,
bloated/padded for non-performance and electoral considerations…’the minority
view’ on the ebt, strike that, the bet network. Say anything, wobama the b for
b***s*** who suffers at the least from the psychological disorder of psychogenic/dissociative
amnesia. How totally preposterous and pathetic at once! Wow! That ‘choom’ did
wonders for wobama’s understanding of business! Riiiiight ….they’ll beat a path
to your door…to make that business happen! This guy’s a totally dysfunctional
joker who’s failed by every measurable standard except increased deficits to
obfuscate his unequivocal failure! Other than the ‘choom/drug’ business, what
business does wobama really know? }
Campaign Holding Fundraisers in Switzerland, Sweden,
France -- China?
Egyptians pelt ‘Hearts and Minds Victor’ Hillary
Clinton motorcade with tomatoes...
'Monica, Monica' chants taunt...
They throw shoes...
7-13-12
Romney Demands Obama Apology...
Says president 'reckless and absurd'...
'Beneath Dignity Of His Office'...
'It's disgusting. It's demeaning'...
{ And, let me add, it’s indicative of
total desperation on the part of wobama who has but a record of failure to run
on; hence, the diversionary, disingenuous tactics to obfuscate his failure by
diverting attention therefrom. People will see through the wobama subterfuge. }
GALLUP: OBAMA VS ROMNEY DEAD HEAT...
{ Drudge: What’s with your self-immolating obsession
with rice? Aside from nationwide negroe fatigue (except among blacks –President
Romney will get less than 1% of the black vote, no matter what –
because…President Romney is white and wobama is black … period …that’s the way
it is and wishing will not make it not so! ), the essential reason she’d be a
bad choice is that she carries with her the failures of the bush regime
(numerous) and sound management requires an unequivocal ‘new broom’ (as per
Drucker, et als). http://albertpeia.com Stated another way, at this critical
juncture, the nation must be managed for performance. Goals/objectives must be
set and reasonable steps consistent with the goals must be taken. President
Romney’s application of such a competent managerial approach was even evidenced
in his acclaimed handling of the Olympics as well as his sterling record in
business (Bill Clinton’s true words, though against interest) and tenure as
Governor. Wobama has but b***s*** and failure obfuscating record deficits to
show for his choom failed fantasy presidency. }
7-12-12
SHOCK: STOCKS '50% LOWER' WITHOUT FED PUMPING...
POLL: Supreme Court Approval Lowest on Record...
Oscar-winning producer to take on Obama's 'imperial
presidency' in documentary...
Carney sneers at reporter asking about college
records...
Americans Will Work Over 7 Months to Pay for Govt
Spending in '12...
Santa Monica extends smoking ban to apartments,
condos...
Some California cities 'may cease to exist'...
San Bernardino -- Third California City to Go Bankrupt..
FACEBOOK monitors chats for suspicious activity,
reports users to police...
MOODY'S downgrades Italy debt...
7-11-12 Some
California cities 'may cease to exist'...
San
Bernardino -- Third California City to Go Bankrupt..
POLL: President Sinks to Historic Lows
Among Blue-Collar MEN....
REPORT: Pelosi
made up to $5 million on Asian investments in 2011 (and don’t forget feinstein’s blum who
did even better)...
Investors get
lowest-ever Treasury yields...
Fed Officials
Weigh More 'Stimulus'...
Warn of
looming crisis...
7-10-12 DNC Chair
Invested in Swiss Banks, Foreign Drug Companies, Bank of India...
Wasserman
Schultz: 'It Would Be Nice If We Had Candidate for President Who Was Committed
To America'...
GODFATHER
UNDER FIRE AS MURDER RATE SOARS...
Chicago Mayor
Appeals to Gangsters' 'Values'...
'Don't
touch the children'...
RADIO STATION
REPORTS REP. JESSE JACKSON, JR 'ATTEMPTED SUICIDE'...
Questions
mount...
NAACP goes
wild for Eric Holder...
7-9-12
DOOM Roubini: My 'Perfect Storm' Scenario Is
Unfolding NOW...
CADDELL: Taxes and Trust - The Achilles Heels of
Obama...
Maryland's Rich Flee State...
83% OF DOCTORS 'HAVE CONSIDERED QUITTING' OVER
OBAMACARE
Broke Scranton, PA cuts all employees to minimum
wage!
Bankrupt Alabama county asks for second look at
lawyer fees...
PUTIN: WEST IS ON DECLINE...
Defends support for Syrian regime...
7-6-12 O NO: UNEMPLOYMENT STUCK AT 8.2%...
'STEP IN THE
RIGHT DIRECTION'...
Just 80,000
jobs added in June...
85,000 WENT
ON DISABILITY!
Unemployment
rate for blacks jumps to 14.4% (Actually, that’s much too
low and 100% unemployment/imprisonment/deportation would be optimal for
productivity/civilized behavior/minimal violent crime)...
780,000 Fewer
Women Employed Under Obama...
Romney: 'It
Doesn't Have To Be This Way'...
Team Obama
predicted 5.6% today with stimulus...
Broke
California OKs funding for high-speed rail line...
Bush spend
Fourth in Zambia, opening health clinic, visiting orphanage { The perfect place
for dumbya bush; little ‘blackface’ and he’d fit right
in! } ...
Ohio
restaurant owner dies hours after Obama visit { Kind of like the nation as a
whole; see wobama and die! } ...
7-5-12 POLL: In 15 swing states, Romney leads Obama 51% to
43%...
Romney accuses Obama of 'vicious lies' on BAIN
CAPITAL...
13,000 Pages of Regulations for New ObamaTaxes
Drafted...
JINDAL: Way paved for 'tofu' tax...
Romney And Obama Supporters Clash at July 4th Parade...
7-3-12 POLL: In 15 swing states, Romney leads Obama 51% to
43%...
Romney accuses Obama of 'vicious lies' on BAIN
CAPITAL...
'THE LAW I PASSED IS HERE TO STAY' {
Wobama must be back on his choom pipe fantisizin’ again! }
LAND OF THE FREE: San Diego man stranded after told on 'no-fly' list...
Midwest ranchers, lawmakers protest drone flyovers...
TWITTER shares info on gov't demands for user data...
ACLU Launches Smartphone App To Secretly Record Police
Stops...
'Homeland Security' Report Lists 'Liberty Lovers' As
Terrorists...
Greece to present debt inspectors 'alarming' data...
France Faces Major Test as It Enters 'Danger Zone'...
Cyprus starts bailout talks with EU, IMF...
Ex-President Sarkozy's home, offices raided by
police...
7-2-12 Factory output at three-year low...
Survey reports large decline in
activity...
ECONOMIST: 75% of Obamacare costs to fall on
Americans making less than $120,000 a year...
Gov. Scott Says FL WILL NOT Comply with Law...
UPDATE: ROBERTS SWITCHED VOTE...
Republicans see way to repeal...
REPORT: White House salaries grow...
Obama campaign fundraising -- off heat wave?
NO LIGHT IN SIGHT...
ON YOUR OWN: During Virginia storms, 911 system
failed for 48 hours...
DAY 3: Millions Still Without Power...
'CATASTROPHIC' DAMAGE TO POWER GRIDS...
'Unscheduled Leave' For Federal Workers...
Newt Gingrich: 'Mild Taste of What an Electromagnetic
Pulse Attack Would Do'...
6-29-12
SECRET WIRETAPS ROCK DOJ...
CLOCK TICKING ON HOLDER...
Republicans vow court action; demand documents...
HISTORIC: House could arrest Attorney General...
6-28-12
MICHAEL SAVAGE: 'ROBERTS EPILEPSY MEDICATION AFFECTS
HIS COGNITION'...
FLASHBACK NYT: Roberts drugs 'can have troubling side
effects, mental slowing and forgetfulness'... { Wow! Who woulda
thunk it, known it! I certainly didn’t know of roberts’ condition. And, yes,
the effects of said drugs are significant, serious as set forth above and over
time particularly, debilitating. Roberts should step down, not that the u.s.
supreme court is some font of reason, sound judgment, and wisdom, even
lawfulness. Indeed, quite the contrary is true. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
SUPREME COURT RULES:
OBAMACARE STANDS...
Mandate survives AS A 'TAX'...
Chief Justice Roberts joins left of the Court...
'It is not our role to forbid it, or pass upon its
wisdom or fairness'...
.PDF OF OPINIONS
Dissent: 'We Cannot Rewrite the Statute to Be What It
Is Not'...
FLASHBACK: Obama: Mandate is NOT A TAX...
VIDEO...
RUSH LIMBAUGH: 'WE NOW HAVE THE BIGGEST 'TAX'
INCREASE IN HISTORY OF THE WORLD'...
Did Justice Roberts change his vote at last minute?
George Will: Conservatives' consolation prize...
Republican governors vow to ignore Obamacare...
HOUSE REPEAL VOTE SET FOR WEEK OF JULY 9...
Speaker Boehner: 'Ruling underscores urgency'...
6-27-12 Contempt vote on Holder will proceed...
...last-minute talks fail
Black lawmakers plot 'walkout strategy' during
vote...
28.9% unemployment rate in Yuma, AZ...
Merkel dismisses Spain, Italy pleas for aid...
'EPIC' WILDFIRE RAGES IN COLORADO...
300+ Homes Burned...
Obama Shrunk Aerial Firefighting Fleet...
6-26-12 ZIMMERMAN PASSED POLICE LIE DETECTOR...
REPORT...
Stockton, CA braces for bankruptcy...
HOLDER: 'It's Going to Get Really Busy on Thursday,
Apparently'...
Hoyer: Some Dems Will Vote For Contempt...
Brewer: White House tells Arizona to 'drop dead'...
MO Dem Sen to Skip Party's Convention...
FLASHBACK: Obama's 'most reliable surrogate' in
2008...
ANOTHER: GA Dem. Rep. to Skip Convention...
PENTAGON HOLDS FIRST GAY PRIDE EVENT...
ANOTHER ONE: Cruise Ship Steward Sues Travolta...
6-25-12 BOOK: Obama Team Squandered Chance For 'Peace' in
Afghanistan...
GALLUP: 44% Can't Name Obama's Religion?
BAM: SUPREME COURT TO RULE OBAMACARE ON THURSDAY...
BOOM: HOUSE VOTE HOLDER CONTEMPT ON THURSDAY...
SHERIFF JOE: 'I'M NOT STOPPING
ANYTHING'
Stockton, CA faces midnight deadline to avert
bankruptcy...
Obama Booed At Boston Fundraiser After Mocking Red
Sox Trade...
BREWER: 'Assault' on AZ continues...
Romney: States have right to secure their borders...
Scalia warns of 'evil effects of illegal
immigration'...
Jimmy Carter Accuses USA of 'Widespread Abuse of
Human Rights'...
U of Chicago Prof wants to shelve Obama library
idea...
6-22-12 GREEKS KICKED OUT OF EURO!
EU Battle Spills Off Soccer Field...
Merkel heckled...
New Greek finance minister hospitalized after
fainting...
Support growing for return of Deutschmark...
AMERICAN NIGHTMARE: SANDUSKY CONVICTED ON 45 COUNTS
OF CHILD SEX ABUSE...
BAIL REVOKED... { Sweet sandy, the ‘frolicking funloving manchild’ (defense
version), will have plenty of time for cornholin’ except, who’d let him and
who’d want him. }
6-21-12 GALLUP: OBAMA FALLS TO 43%...
Housing market hits 15-year low...
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...
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!
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
WASILLA,
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.
6-15-12 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
Man arrested for public sex with teddy bear -- for
fourth time...
BURGLARS BREAK IN, BITE OFF VICTIM'S EAR...
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...
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...
6-12-12 DEFICIT DOUBLES IN YEAR
POSTAL CHIEF: We're headed for Greece...
'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'...
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...
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! }
6-8-12 UPDATE: S&P keeps US rating unchanged, outlook
'negative'...
Obama Backs Off Comment 'Private Sector Is Doing
Fine'...
Argentina loses third of its dollar deposits...
...foreign exchange restrictions
'FACEBOOK Funds' Plunge...
UBS May Have Trading Loss of $350 Million...
REPORT: High school cancels Hollywood producer's grad
speech over 'right-wing' views...
6-7-12 Unemployment in Greece hits 22%...
SPAIN: SAVE OUR BANKS OR BREAK EURO...
Germany Finalizing Face-Saving Deal...
Long lines at pharmacies in Greece...
France cuts retirement age -- TO 60...
US blamed for on-going massacre in Syria...
Holder Claims Emails Using Words 'Fast and Furious'
Don't Refer to Operation 'Fast and Furious'...
REPORT: 'Mole' inside DOJ...
HALPERIN: DEMS NOW BELIEVE OBAMA COULD LOSE
{ Duh! Truth be told, as I’ve already
told it on my website, that is ‘fait accomplis’! }
ROMNEY CASH HAUL TOPS OBAMA...
'Gender gap' narrows...
SHOCK POLL: ROMNEY AHEAD IN MICHIGAN { This should
come as no surprise inasmuch as Michigan has suffered under the hapless wobama
while becoming blacker with all the negatives entailed therewith. Michigan’s
prospects along with the suffering rust belt as with the rest of the nation
will only be enhanced by Romney’s Presidency! } ...
Black Rock: 'We Ignore the President's Whiteness, But
It's There' { This election, wobama’s blackness won’t be ignored! } ...
PELOSI: Health law represents 'life, liberty and
pursuit of her’s and wobama’s happiness'...
POLL: Large majority want Supreme Court to
overturn...
Bill Clinton 'very sorry' for saying Bush tax cuts
should be extended...
UPDATE: Senator Demands Inquiry Into Attacks on Conservative
Commentators...
6-6-12 GREECE RUNNING OUT OF CASH
France cuts retirement age -- TO 60...
Germany Finalizing Face-Saving Deal for Spain...
UH O...
WALKER WINS [AGAIN]...
'RECALL' DEFEAT SPELLS DOOM FOR PUBLIC SECTOR
UNIONS...
Voters in California Back Pension Cuts for City
Workers...
ROMNEY: 'TONIGHT'S RESULTS WILL ECHO BEYOND BORDERS
OF WISCONSIN'...
'PULITZER' NEWSPAPER MOCKS DRUDGE FOR INFORMING
READERS...
MEDIA BLOWS IT...
'Kill Scott Walker': Angry libs flood TWITTER...
WASHPOST: 7-point victory 'close vote'...
Pelosi: Ghosts of past women leaders spoke at White
House meeting...
Stocks rise on hopes of new Fed pumping...
'Very Worried' About EU Banks...
Debt Per American Set to Triple in a Generation to
$147,000...
CLINTON: USA Already in 'Recession,' Extend Bush Tax Cuts...
WHITE HOUSE: Nope...
BUBBA: 'I didn't have any idea' undermining Obama's
campaign message...
VANITY FAIR: 'HE DOESN'T NEED PEOPLE'... Four
years ago, Barack Obama said he wanted a Lincoln-esque “team of rivals” in his
Cabinet. Thanks to his own temperament, the modern White House, and the 24-hour
news cycle, what the president has created is something that doesn’t look
Lincoln-esque at all. { Come on! Does anyone at this point take anything wobama
the b for b***s*** says, past or present, seriously? He’s total b***s***, end
of story! }
6-5-12 ROMNEY: Obama holding onto shares of GOV'T MOTORS to
avoid embarrassment of big losses...
Gov't Down $16B on Bailout...
EXIT POLLS: CLOSE, BUT NO 'RECALL'
WI EXIT POLLS: REMATCH SIMILAR TO ELECTION 2 YEARS
AGO, SOURCES TELL DRUDGE... '5 POINT MARGIN'... DEVELOPING...
White House downplaying...
WASH POST: 'Makeup of voters appears very close to
original 2010 contest'...
VOTER SHOWDOWN: DEMS CRY FOUL...
Hundreds Report 'Photo ID' Issues...
400 Lawyers At The Ready...
Report: '119%' Voter Turnout in Madison...
'Remember Me? I'm the Only Guy Who Gave You Four
Surplus Budgets ( THANKS TO THE PEACE DIVIDEND! PEOPLE MUST GET THAT
REALITY/TRUTH THROUGH THEIR WAR-MONGERING SKULLS! )'...
USA Already in 'Recession,' Extend Bush Tax Cuts...
DICK MORRIS: 'He Does Not Want Obama to Win'...
FREEFALL CONTINUES...
FACEBOOK 'worth a look' -- at $20!
MORGAN STANLEY Lending Shares to Sell Short...
Jackson Browne cools on Obama...
6-4-12 EVEN MAUREEN DOWD BEGINS TO TURN
Debt Has Increased More in Last 15 Months Than First
97 Congresses -- Combined!
Obama Gets 'Left' Behind; Libs Turn...
NYT: Weak Economy Points to Obama's Constraints...
Jon Bon Jovi Gets A Ride On Air Force One...
Hispanic unemployment jumps to 11% in US...
S&P down 10% since April...
Japan's Debt Sustains Deflationary Depression...
FACEBOOK 'will disappear'...
Buyers' remorse for California's 'bullet train to
nowhere'...
War in White House: Holder and Axelrod 'had to be
separated'...
Tokyo Stocks Hit 28-Year Low Amid
Global Rout...
FUTURES...
Euro Zone Nears Moment of Truth on Staying
Together...
SOROS WARNS: 3 MONTHS...
Spain Seeks United Effort on Banks; Pressure Builds
on Merkel...
The week Europe stopped pretending...
Retirement Age '80' After Crisis?
BULLS, BEARS OR BUST?
REPORT: Air Force drone spied on US soil...
6-1-12 MAY MESS: UNEMPLOYMENT GOES UP...
STOCKS COLLAPSE...
Weak US Job Growth Threatens World Economy...
This Summer 'Eerie Echo' of Pre-Lehman...
HELL DAY
Obama has big plans for when Republican 'fever'
breaks...
HAS OUTSPENT PAST FIVE PRESIDENTS...
Bill Clinton: Romney's Business Record 'Sterling'...
Top Italy banker says risk of euro breakup growing...
5-31-12 Geithner warns Spain...
TIME BOMB: Banks Pressured To Buy Up Government Debt...
UPDATE: China and Japan to begin direct currency
trading...
Stocks Post Worst May Since 2010...
Anxious June...
5-30-12 Investors flee Spain as financial crisis spirals...
'Total emergency'...
France to cap top pay...
French irked by EU use of English...
MOODY'S downgrades Danish banks...
MORGAN STANLEY CEO defends FACEBOOK IPO conduct...
Bilderberg Launches Unprecedented Security
Crackdown...
Talk of machine guns &
surveillance spooks hotel guests...
Rockefellers and Rothschilds unite...
5-29-12 FACEBOOK FREEFALL CONTINUES...
Stock sinks below $29...
'Worst IPO in decade'...
SHOCK REPORT: 40% of social media accounts ARE
SPAMMERS...
Biggest Greek bank warns of dire euro exit fallout...
Romney Campaign Hits Obama On SOLYNDRA...
Carney Struggles With SOLYNDRA Questions...
Holder to brief black pastors on campaigning for
Obama...
'BATH SALTS' TRIGGERED BLACK SOUTH BEACH CANNIBAL
NASA to future moon explorers: Don't wreck our fake
Apollo landing sites fiction...
'Biggest collapse of law firm in U.S. history' as
DEWEY & LEBOEUF goes under...
Warning signs for Obama on path to electoral votes...
LLOYD'S OF LONDON preparing for euro collapse...
Switzerland draws up action plan...
Greece says public finances face collapse...
GOOGLE GRABS SECRETS OF PRIVATE
LIVES...
Emails, texts, photos, documents
taken from wi-fi networks...
Deliberately stole information but
'covered it up'...
Miami Police Shoot Naked Man -- Eating Face Of Other
Naked Man...
'Like a rabid dog'...
'Tearing him to pieces with mouth'...
ILLEGAL KIDNEY TRADE BOOMS AS NEW ORGAN 'SOLD EVERY
HOUR'...
5-25-12 Plans for emergency immigration controls if euro
collapses...
Spanish bank asks for biggest bailout in country's
history...
Fear Seen in Money Transfers...
Faber: Chance of Global Recession Now 100%...
ZUCKED UP: CITI LOSES MILLIONS
IPO Seen Deepening Investor Distrust of Stocks...
SEC eyes Nasdaq...
Obama Pot-Smoking 'Choom Gang'...
Thanked drug dealer, not mom, in high-school
yearbook...
Twice in 2 Days Mentions 'My Sons' -- even with
Teleprompter...
340-pound woman punches, pepper-sprays, spits on
PIGGLY WIGGLY workers in bid to steal food...
5-24-12 REAL DEFICIT LAST YEAR: $5 TRILLION...
REPORT: Senate Dems pay female staffers less than
male staffers...
HALF OF DETROIT STREETLIGHTS MAY BE TURNED OFF
ZUCKER BORN EVER MINUTE:
FIDELITY facing 'thousands' hit by
FACEBOOK woes...
MORGAN STANLEY STILL HAS ISSUES...
CITADEL Latest Firm to Report 'Significant' Losses...
Big European funds dump euro assets...
Investors Running Out of Safe Havens to Put Money?
NIELSEN: DRUDGE READERS MOST EDUCATED...
5-23-12 UPDATE: Eurozone looks at Greek exit as leaders
meet...
Germans ready to boot Greece out...
Russia tests new missile, in warning over U.S.
shield...
BBC: 'Barcode Everyone at Birth' with 'implanted
chips'...
Bilderberg Pushes Mandatory Internet ID for Europe...
Bars using new app and hidden cameras to scan
customers' faces...
GOOGLE chairman: 'We face fight for future of web'...
‘One of
Google’s most senior executives issued a stark warning tonight that the power
of the internet to free some of the world’s most oppressed people risks being
overturned by autocratic governments who seek to “Balkanise” the web by
controlling what can be accessed…dictatorial
regimes were increasingly looking to control who has access to the web by
“filtering information they fear or prohibit.”…’
5-22-12 ZUCKED!
NASDAQ WOULD HAVE PULLED STOCK....
THE $40 BILLION VANISH...
MORGAN STANLEY Under Review...
Massachusetts subpoenas...
Selloff Nearly Turned Into Bigger Run...
Stock Loses 18% of value...
Investor Sues...
'The insiders got greedy'...
'They knew the jig was up'...
Zuckerberg sell shares...
FRIENDS: OBAMA TOUTED FACEBOOK IN 'CAMPAIGN' TOWN
HALL...
DOOM: FACEBOOK could destroy economy?
5-21-12
Bankers Under Fire as FACEBOOK Slips
11%...
'No Bottom'...
Fiasco Latest Blow to Morgan Stanley...
FACEBOOK denies it aims to lift ban on under-13s
joining...
FACEBOOK sinks deeper...
$19 billion washout...
Underwriters bail...
Where are friends?
HOLLANDE STEALS NATO SHOW...
Skips Obama speech...
UPDATE: 43 Catholic organizations file lawsuits
against Obama contraception mandate...
Sheriff Joe sends detectives to Honolulu...
53,000 'Dead Voters' Found in Florida...
5-18-12 Romney warns economy is on 'path of California'...
{ Yes, that’s really true; and, beyond the hype and propaganda, that’s a real
negative! }
Debt Up $12,984 Per Household Since 2011 Spending
Deal...
Underwriters Stepped In to Support Shares at Offering
Price...
Trade Disorder Plagues Nasdaq...
Messy Debut...
'Disastrous'...
SEC to probe glitches...
Zuckerberg In '04: 'No Intention' Of Making Money...
NATO protesters occupy Chicago streets...
Police Raid Apartment, Seize Beer-Making Equipment...
40 Fed Agencies Man Secret Command Center...
5-17-12 'BORN IN KENYA'
How did the mainstream media miss this?
Obama Literary Agent Says 1991 Booklet was
'Mistake'...
EUROPE ROCKED BY SPANISH BANKING CRISIS...
New French government takes 30% pay cut...
NO ESCAPE: DEMS WANT TAX FOR LEAVING USA...
'Ex-PATRIOT Act'...
UPDATE: 'Mystery object' that nearly caused mid-air
collision believed to be drone...
STUDY: 96% of restaurant entrees exceed USDA
limits...
Feds fine Utah school for accidentally selling soda
at lunch...
5-16-12 Obama's budget goes down in flames...
Unanimously rejected by DemSenate...
Fails to get single vote anywhere in Congress...
Even labor unions oppose...
Warning Signs For Obama -- in Wisconsin?
Wall Street goes bearish on stocks
Insiders Cashing Out...
White jogger 'randomly' gunned down in broad
daylight...
COPS: May have been gang initiation or dare...
Judge Napolitano: First Patriot To Shoot Down A
Government Spy Drone 'Will Be A Hero'...
'VULTURE FUNDS' CIRCLE AS GREECE FEARS GROW...
5-15-12 Obama worth up to $10 million...
Has up to $1 million with JPMORGAN...
Stimulus funded erectile dysfunction studies...
POLL: ROMNEY LEADS WITH WOMEN...
WH called out for skipping female reporter at press
briefing...
BANK RUNS HIT GREECE
Merkel and Hollande join forces on Greece...
Europe prepares for 'messy' exit...
Little country threatens big impact...
Italy's banks shaken; Slump deepens...
Zimmerman Medical Report Shows Broken Nose,
Lacerations After Trayvon Martin Shooting...
5-14-12 EU ON THE BRINK...
Euro Weakens on Greek Exit Spec...
Big Debt Payment Due Tuesday...
Italian banks DOWNGRADED...
CBSNYTIMES POLL: ROMNEY PULLS AHEAD BY 3...
PAUL OUT...
ALERT: Euro Officials Begin to Weigh Greek Exit...
Fear grows of Greece leaving euro...
Will 'run out of money soon'...
Moment of truth...
Euro Parity With the Dollar?
If Greece goes... who and what would be next?
Turmoil boosts London property stampede...
IMF concerned about Kuwait's finances?
3 to Exit J.P. MORGAN After Shock Losses...
Dimon Remains...
Obama: JPMORGAN 'One Of The Best-Managed Banks' {by
failed president wobama standards which of course is no standard at all}...
Anti-capitalist protesters storm campaign HQ
building...
UPDATE: 230,000 unemployed lost benefits over
weekend...
CA DOWN $16B...
BROWN WARNS OF BIG CUTS...
'Worst recession since 1930s'...
Obama pushes new billion-dollar stimulus plan...
NBC ADDS SITCOM FROM OBAMA SPEECHWRITER...
5-11-12 B A C K L A S H:
POLL: ROMNEY 50% OBAMA 43%...
Stocks Worst Week of Year...
JP MORGAN Dimon: 'We Screwed Up'...
$2 Billion Loss...
Credibility at stake...
Fed 'Investigates'... { Riiiiight! Nothing
to worry about now, the fraud inducing failed fed’s on the job! NOT! Worry!
Really worry! Much worse to come! http://albertpeia.com/fedponzifails.htm http://albertpeia.com/fraudulentfedhasfailed.htm
MSNBC Anchor Cuts off Contributor's Mic over Romney Defense...
'You're in my house, now'...
CLINTON: O'S AN 'AMATEUR'...
BOOK: Bill urged Hillary to quit Cabinet, run in
primaries...
Obama's Own Doctor Slams ObamaCare as 'Failure'?
BEACH BOYS SINGER: 'Obama's a Socialist A**hole'...
FACEBOOK CO-FOUNDER GIVES UP U.S. CITIZENSHIP BEFORE
IPO...
Talkradio host found shot to death inside home...
{ This is jersey! This could be anything from a mob hit to random, pervasive
violence, etc. }
Police Sent To Collect Overdue Library Books From
4-Year-Old Girl...
Shopping Mall Requires Teens To Be With Parents After
6 PM...
Chicago Officials Ban Food, Drinks, Backpacks On City
Trains...
NSA, GOOGLE SPY TIES 'CAN REMAIN SECRET'
GOOGLE starts mapping indoor locations!
Air Force Document: Drones Can Be Used To Spy On
Americans...
5-10-12 Obama: 'Sometimes I Forget' Magnitude of Recession…{
Oh! How conveniently forgetful, though the vast majority of americans don’t
have wobama’s luxury of feigned amnesia suffering from what wobama did and
didn’t do contrary to promises last time around the perpetual campaign trail
littered with his typical jive-talking b***s***! The following headline will
help him remember some of his sordid, pot-clouded high school past! }...
FLASHBACK: Obama's Sordid High School Past...
By Ben Shapiro ‘While the Washington
Post has been diligently digging into relatively innocent high school pranks by Mitt
Romney, they’ve spent the last few years diligently ignoring President Obama’s
far more controversial high school days.Obama, by all accounts, was a habitual
drug user in high school. He tried cocaine, he admits in Dreams From My
Father; he “tried drugs enthusiastically.” The Chicago Tribune
reported back in 2007 that Obama thanked the “Choom Gang” in his high school
yearbook; “chooming” was Hawaiian slang for smoking pot. The Honolulu
Advertiser reported that Obama’s senior portrait “prominently displayed …
A package of ‘Zig-Zag’ rolling papers and a matchbook.” One of Obama’s close
friends was arrested for drug possession during high school.In his memoir,
Obama talked about routinely getting high. “Junkie. Pothead,” he wrote. “That’s
where I’d been headed: the final, fatal role of the young would-be black man.”
But, according to Obama, he only got high because he was contemplating deep
matters: drugs could “push questions of who I was out of my mind.” Obama told
students in 2007 that this activity constituted “goofing off” and “wasting
time”:"I will confess to you that I was kind of a goof off in high school
as my mom reminded me," Obama said. "I went to high school in Hawaii,
so there's a lot of opportunity to goof off because the weather is really good
all the time …"You know, I made some bad decisions …. You know, got into
drinking and experimenting with drugs. There was a whole stretch of time where
I didn't apply myself. It wasn't until I got out of … high school, and went to
college that I started realizing, man, I wasted a lot of time.”The New York
Times, however, went out of its way to find Obama’s classmates to testify
that drugs played only a “bit part” in
Obama’s youth. Yet Obama would later brag on the campaign trail that he
“inhaled frequently … that was the point.”During his high school years, Obama
hung out with communist radical Frank Marshall Davis; in 2007, the Los
Angeles Times reported that during his high school days, “he felt the
first stirrings of anger toward whites. He says he also delved into black
nationalism.” He was “offended or even enraged when white classmates adopted
black street slang or revealed their underlying consciousness of his race by
going out of their way to tell him how much they admired a black musician or
athlete.” This activity is certainly more reflective of Obama’s ideological
history than Mitt Romney’s pranks on teachers and fellow students. And as for
the drug use – well, that seems just a bit more serious than walking a teacher
into a door or cutting a student’s hair. But leave it to the Post to
ignore or downplay all of that in favor of continuing stories about Romney’s
dog, his high school hijinks, and whatever other nonsense they can use to
protect President Obama from his own incompetence.’ Ben Shapiro is
Breitbart News Editor-at-Large. Follow him on twitter @benshapiro.
Cracks in the Washington Post
story on Romney’s ‘pranks’ emerge
Correction Request: Washington
Post Uses Falsehood in Romney Hit Piece
Media Downplays Obama's Past,
Tries to Define Romney with Teen Prank
If we're going to delve deep into a candidate's past, let's delve deep into a
candidate's past. Here's Obama in his own words admitting to physically shoving
a little girl named Coretta. Yes, it was at this moment that the first
shot in the War on Women was fired.http://albertpeia.com/obamashovesgirl.png
No doubt that after expending all that energy bullying an innocent little girl,
young Obama readied himself for round two by eating a Golden Retriever. More on
this breaking story here.If you're
wondering what the rules are regarding a candidate's past; how far back we're
allowed to go in an attempt to define them -- the answer is simple: the corrupt
media will let us know.
Washington Post Disgraces
Itself By Targeting Romney's 'Anti-Gay' High School Pranks Obama WILL NOT pursue gay marriage as part of party
platform...
STONE: 'Playing a cruel and cynical game'...
Unites Republicans?New Black Panther Niggers Plan Newspaper Cover With
Zimmerman In Noose { and civilized people everywhere should respond with
niggers in nooses and contributions to the Klu Klux Klan! } ...
LOONEY CLOONEYLAND: BIG CAMPAIGN BOXOFFICE FOR
NIGGERO – Meanwhile, looney clooneyland ain’t doin’ so well with the niggero
model – see next headline! ...Failed Wobama model illustrated:
16 Reasons To Move Away From California
http://albertpeia.com/16reasonstomoveawayfromcalifornia.htmPostal Service loses $3.2b in first quarter...78% of California 8th graders fail national science
test...
5-09-12 Fed clears China's first US bank takeover...
324,000 Women Dropped Out Of The Labor Force -- In
Last 2 Months!
EVOLUTION: OBAMA NOW BACKS GAY MARRIAGE… [ Well, with some frolicking documented cocaine/gay sex
romping in his past, he’d be hard pressed not to. Interestingly, Clit Eastwood
has come out in favor of gay marriage saying he doesn’t give a f**k… good for
you Clit; spoken like a true egalitarian. Truth be told, I always liked those
spagetti westerns that put him on the map; his own ‘Pale Rider’, particularly;
and of course, the ‘Dirty Harry’ series. Aside from that, I find him/his films
boring, shallow, and plebian beyond tears; hardly the philosopher king. Yet, I
also don’t give a f**k regarding gays living their lives as they wish, with
full constitutional protections consistent with their presumed law-abiding
lives, particularly in a world like this, such as it is. But, that doesn’t mean
the ‘state’ must get behind (no pun intended) same. There are few if any legal
statuses that can’t be achieved through legal document, ie., adoptions, trust
beneficiaries, etc.. Marriage, procreation, the province of a man/woman
relationship has always been a given. Also interesting was the take on same by
reknown Psychiatrist Maslow (his famed, laudable work regarding hierarchy of
needs, etc., needs no introduction) who wrote and posited that homosexuality
was physically, anatomically contraindicated. Again, let me reiterate a live,
let live position while cautioning against the state getting behind (again, no
pun) same and potentially giving young, pubescent, impressionable boys the idea
that penises were made for male a**holes and not female vaginas. ] ...
OBAMA ADMITS FABRICATING GIRLFRIEND IN MEMOIR {
Latent gay man obama - ... Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming
to represent me called asking for $100,000, to keep me from coming forward
about our (Obama and I) November 1999 encounter of sex and cocaine use?), ...
Obama is just another Banksters' moll prostituting himself .., and that's why
he supported the grotesque bail-out of the banking system and why he will
always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }
OBAMA NOW BACKS GAY MARRIAGE
Raises $1 Million in 90 Minutes...
GAWKER: Bulls**t Announcement...
LAWYER: MORE Travolta accusers coming forward...
5-08-12 GALLUP: ROMNEY RETAKES LEAD...
UPDATE: Empty seats haunt Obama...
VOTED OUT! AFTER 36 YEARS IN SENATE...
HOUSE TO VOTE ON ‘DEFENSE OF THIEVING NIGGERS TRAYVON
LAW’...
Would cut funding to states with self-defense laws
{only criminals can offensively use weapons}...
Over 1300 Tubes Damaged at Ailing San Onofre nuke
plant...
Vague 'evolving' gay marriage stance under
scrutiny...
Reporters 'laugh at' flustered WH spokesman...
John Travolta sued for $2M by masseur 'over sexual
assault'...
REPORT: Second Male Masseur Files Suit… {Star of
gotti biopic outed after years of innuendo, suspicion; did gotti have a secret
life beyond what we’ve been told? Naah…it was probably that tony manero guy
that always seemed more interested in dancin’ than *******! Travolta, the
avowed scientologist, should have hooked up with latent gay wobama…better
security!}...
5-07-12 GALLUP: ROMNEY RETAKES LEAD...
Labor Force Participation Lowest Since 1981...
Disability applications soar...
Gloom builds for euro zone, United States..
OBAMA OPENS TO EMPTY SEATS...
REPORT: DOJ fails to nail Wall St. bigs...
No. of corporate securities and bank fraud prosecutions
at 20-year low…[ wobama/holder jive-talk/b***s***, corruption, cowardice! You
remember all that campaign rhetoric of yesteryears election. ]...
Oil Prices in Free Fall as Worries Spur Selling...
OBAMA CAMPAIGN LAUNCH IN HALF EMPTY STADIUM?
Taliban STRONGER than before U.S. troop surge?
Space weather expert has ominous forecast...
FRANCE TURNS LEFT...
Battle with Berlin...
EU DRAMA...
Sarkozy latest victim of anti-incumbent backlash...
Hollande: 'My real enemy is world of finance'...
Obama invites to White House...
New First Lady nicknamed 'Rottweiler'...
Wealthy eye move across Channel...
Euro Weakens...
5-04-12 UN: USA should return stolen land to Indian tribes...
Anemic jobs data hit Obama launch; Official campaign
starts under shadow...
Labor Force Participation Lowest Since 1981...
Disability applications soar...
Gloom builds for euro zone, United States..
Oil Prices in Free Fall as Worries Spur Selling...
Paul Ryan: Obama's 'Julia' website 'creepy' and
'demeaning'… {Ryan forgot to say ‘pathetic’!}...
5-03-12 UPDATE: Arrest made in black-mob attack on whites...
Romney team sees path to winning presidency…{Indeed!
Congratulations President Romney and First Lady Ann!} ...
Americans flee banks for home safes {Sounds like a
plan!}...
Young Italians flock to become shepherds...
Spain's poorest region suffers 32% unemployment...
Student's ordeal in DEA jail sparks outrage...
Chinese Activist Makes Plea to U.S. Congress...
Obama under fire... {While there’s plenty
of deserved critism for wobama, on a multitude of issues, and should indeed be
voiced by a multitude of people; smith of pervasively corrupt, mob
infested/controlled jersey is not one to be doing the criticizing. As with
america generally, there is certainly nothing positive that can be said of the
sordid state of new jersey!}
BLIND CHINESE ACTIVIST: THE PERFECT NEW
AMERICAN CITIZEN – DOESN’T KNOW ANYTHING ABOUT AMERICA AND HE IS BLIND! US Using Staged “Blind
Activist” Stunt For Leverage Ahead of Talks Prisonplanet.com
Why Is It Necessary For The
Federal Government To Turn The United States Into A Prison Camp?
http://albertpeia.com/usprisoncamp.htm
{ I really must say that this is a tough one because
the vast majority of
americans are inherently criminal, with the highest crime rates in the world
among the so-called ‘civilized’ nations (you can’t count the niggers of
sub-saharan africa as civilized, and there’s no question but that the niggers
have disproportionately skewed the american crime rates, particularly violent
crimes, higher); including, from my direct observation and experience, that
within all three branches of the u.s. government. Indeed, the (should be
prison) inmates are running this asylum called america. The reality is that
there are so many americans that are not in jail who
should be in
jail, it’s difficult to avoid these harsh third world
measures in what
has essentially become a third world nation overrun by
the most sordid, despicable criminals one can imagine.
They must really prosecute the biggest criminals including the oligarchs as,
ie., the huge frauds on wall street, etc., and ‘bury’ the violent repeat
offenders, etc., without exception. The problem with america is not the terrorist
threat from without, but rather the plethora of inherently criminal americans
within. Moreover, the corruption is pervasive and systemic. Unfortunately,
crime pays in america and pays well; and, God help you if you try to live
within the law and get in their way or potentially cost them money or some of
their illegal business because no one else will. There’s criminal control at
all levels of american society. That’s the problem; with the relatively few
non-criminally inclined, criminal by complicity inasmuch as americans are for
the most part gutless cowards who go along to get along along with a million
other excuses, not the least of which is ‘the price was right’. That’s reality!
That said, it’s the ‘for or agin’ me primitive mentality that pervades the u.s.
government, ‘thought police’, arbitrary powers of detainment, abrogation of
first admendment rights, internet intrusion/censorship, arbitrary enforcement
of the law, etc., that is and I find particularly appalling,
counter-productive, and regressive. There is an element of projection, given some of the evil
things the government has done abroad; blowback being not entirely out of the
realm of possibility which ultimately is the sad consequence of the worst of
human nature which is invariably inclined to go too far in the worst way. The
sad fact is that as with any banana republic, the governmental powers that be
go to whatever nefarious lengths necessary (control by whatever means, at some
level) to unreasonably maintain their access to undeserved power, money,
resources, luxuries, etc., invariably
to the detriment of the vast majority as is so here in america today. There are
very few positive things that can be said of america today. I, for one, cannot think
of any at all! [
‘america, love it or leave it’? Love it? Truth be told, I don’t even
like america! See,
ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm
] }
5-02-12 OBAMA ADMITS FABRICATING GIRLFRIEND IN MEMOIR {
Latent gay man obama - ... Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming
to represent me called asking for $100,000, to keep me from coming forward
about our (Obama and I) November 1999 encounter of sex and cocaine use?), ...
Obama is just another Banksters' moll prostituting himself .., and that's why
he supported the grotesque bail-out of the banking system and why he will
always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }
ASKS: 'Why black people so angry all the time'{ Short
answer: because they were born niggers! }...
OBAMA: 'That was an example of compression'...
NATO CHICAGO STYLE: SHOOT TO KILL...
Student drank own urine while feds left in cell for 5
days...
China activist appeals to Obama to get him to USA...
5-01-12 CAMPAIGN STOP: KABUL
1,275 U.S. soldiers killed in Operation Enduring
Freedom since president inaugurated...
Fed Officials: US Economy Faces Risk of 'Fiscal Cliff' At Years End...
MILBANK: Preezy making me queasy... ‘campaigner in chief…The
preezy of the United Steezy is making me queasy…According to statistics
compiled for a book to be published this summer, the president has already set
a record for total first-term fundraisers — 191 — and that’s only through March
6. Measured in terms of events that benefit his reelection bid, Obama’s total
(inflated in part by relaxed fundraising rules) exceeds the combined
total of George W. Bush, Bill Clinton, George H.W. Bush, Ronald Reagan and
Jimmy Carter… “Not everything should be subject to thinking about the next
election instead of thinking about the next generation,” Obama said of the
Republicans. “Not everything should be subject to politics.” [ Typical nigger
jive-talk / b***s***! ] ‘He should follow his own advice.’ … [ Bravo Mr.
Milbank. And, don’t worry … wobama the b for b***s*** is done! ]
SEALS SLAM OBAMA FOR MAKING IT POLITICAL
GOP SEN: 'Shame on Barack Obama'...
FLASHBACK: Obama '08 Accused Clinton of Using Terror
Leader To 'Score Political Points'...
CHICAGOLAND: Teacher tells students NRA wants 'porch
monkeys' to die…[Sounds like a plan!]...
Campaign ad says Romney wouldn't have ordered raid to
kill Osama bin Laden … [Coulda…Woulda…If wobama’s grandmother had wheels she’d
have been a trolley car…There’s documentation from reliable military sources
that the ‘staged event’ for political capital at a time wobama was generating
record low polling numbers did not in reality result in Osama’s death – there
are also varying views, from already dead, body on ice and reason for quick
burial at sea, etc., see infra ]... http://albertpeia.com/binladendeadandonicesince2001.htm
“Bin Laden” Heroes Probably
Murderered to Keep Them Quiet ...
Gordon Duff Veterans Today
FLASHBACK:
Eyewitness to OBL Raid Saw Helicopter Explode (TRANSCRIPT) [ As
indicated on this albertpeia.com website, I didn’t buy the administration’s
desperate and politically opportunist Osama event and still don’t buy it; and
further, I believe this! ]Veterans Today | TRANSCRIPT of
critical interview with Pakistani eyewitness to Bin Laden raid. Is this the key
to SEAL Team 6′s demise?
“Bin Laden”
Heroes Probably Murderered to Keep Them Quiet Gordon Duff
Veterans Today
August 7, 2011 | Some Possibly Killed in Abbottabad Helicopter Crash Months
Before. [ As indicated on this albertpeia.com website, I didn’t buy the
administration’s desperate and politically opportunist Osama event and still
don’t buy it; and further, I believe this! ] Today 31 NATO troops, 20 of them
Navy Seals from the Osama bin Laden operation died in what is reported as a
helicopter crash in Afghanistan.
‘The chance of this story being true is almost nil.
The chances of this being a staged coverup is over 80%. We believe these people
were murdered to silence them. This is why.
We have solid
information on two areas:
This gave the US several areas of severe vulnerability.
Generally, Navy Seals are the best people in the world at keeping their mouths
shut, these are real team players, as the term “Seal Team” belies.
Petraeus is a possible presidential contender and had
to be denied this “gift from heaven,” a fast track to the oval
office for sure.
Again, I
remind you, I went over specific meetings on bin Laden with his handlers,
getting every last detail. I have watched what has gone on, the continuing need
to vilify a long dead top CIA operative to provide residual cover for the Bush
administration…
The reason?
Bush and his cronies are all facing charges of war crimes, not just in minor
jurisdictions but heading for the ICC, putting them on the dock with Gaddafi (
a far less harmful character).
...
Read full
article ‘ http://albertpeia.com/binladendeadandonicesince2001.htm
4-30-12 BARACK BIZARRE: PRESIDENT JOKES ABOUT EATING DOGS?
'What's the difference between hockey mom and pit
bull? A pit bull is delicious'...
20 years after LA Riots, 22 murders remain
unsolved...
SHOCK CLAIM: No housing rebound 'for a generation'...
PAPER: Obama's new slogan has long socialist past...
Farrakhan: Joining U.S. Military Is Fighting 'for the
Enemy'..
WIRE: Obama Fails to Stem Middle-Class Slide He
Blamed on Bush...
Jon Lovitz scorches Obama again: 'President lying to
get votes'...
SEALS SLAM OBAMA FOR MAKING IT POLITICAL
GOP SEN: 'Shame on Barack Obama'...
FLASHBACK: Obama '08 Accused Clinton of Using Terror
Leader To 'Score Political Points'...
CHICAGOLAND: Teacher tells students NRA wants 'porch
monkeys' to die…[Sounds like a plan!]...
Campaign ad says Romney wouldn't have ordered raid to
kill Osama bin Laden … [Coulda…Woulda…If wobama’s grandmother had wheels she’d
have been a trolley car…There’s documentation from reliable military sources
that the ‘staged event’ for political capital at a time wobama was generating
record low polling numbers did not in reality result in Osama’s death – there
are also varying views, from already dead, body on ice and reason for quick
burial at sea, etc., see infra ]... http://albertpeia.com/binladendeadandonicesince2001.htm
“Bin Laden” Heroes Probably
Murderered to Keep Them Quiet ...
Gordon Duff Veterans Today
FLASHBACK:
Eyewitness to OBL Raid Saw Helicopter Explode (TRANSCRIPT) [ As
indicated on this albertpeia.com website, I didn’t buy the administration’s
desperate and politically opportunist Osama event and still don’t buy it; and
further, I believe this! ]Veterans Today | TRANSCRIPT of
critical interview with Pakistani eyewitness to Bin Laden raid. Is this the key
to SEAL Team 6′s demise?
“Bin Laden”
Heroes Probably Murderered to Keep Them Quiet Gordon Duff
Veterans
Today August 7, 2011 | Some Possibly Killed in Abbottabad Helicopter
Crash Months Before. [ As indicated on this albertpeia.com website, I didn’t
buy the administration’s desperate and politically opportunist Osama event and
still don’t buy it; and further, I believe this! ] Today 31 NATO troops, 20 of
them Navy Seals from the Osama bin Laden operation died in what is reported as
a helicopter crash in Afghanistan.
‘The chance of this story being true is almost nil.
The chances of this being a staged coverup is over 80%. We believe these people
were murdered to silence them. This is why.
We have solid
information on two areas:
This gave the US several areas of severe
vulnerability. Generally, Navy Seals are the best people in the world at
keeping their mouths shut, these are real team players, as the term “Seal Team” belies.
Petraeus is a possible presidential contender and had
to be denied this “gift from heaven,” a fast track to the oval
office for sure.
Again, I
remind you, I went over specific meetings on bin Laden with his handlers,
getting every last detail. I have watched what has gone on, the continuing need
to vilify a long dead top CIA operative to provide residual cover for the Bush
administration…
The reason?
Bush and his cronies are all facing charges of war crimes, not just in minor
jurisdictions but heading for the ICC, putting them on the dock with Gaddafi (
a far less harmful character).
...
Read full article
‘ http://albertpeia.com/binladendeadandonicesince2001.htm
Sarkozy on defensive in bitter final election
battle...
Unease grows...
'The Merkozy era is over'...
4-27-12 PLUNGE:
GROWTH FALLS TO 2.2%...
BIG DROP FROM
4Q'S 3.0%...
ANALYSTS
PREDICTED 2.6%...
U.S. Firms
Add Jobs, but Mostly Overseas...
Falling home
prices drag new buyers under water...
Homeownership
Hits Decade Low...
Spanish unemployment hits
record 24.4%...
Republicans
prepare contempt citation against Holder...
'Obama
attempts to intimidate contributors to Romney's campaign'... http://albertpeia.com/obamaattemptsintimidationofcontributorstoromney.htm
OBAMA SPIKES
FOOTBALL -- AGAIN!
4-26-12 More Americans Than Projected File Jobless Claims...
Employers add just 120,000 jobs; lowest since October...
POLL: Young People May Not Bother to Vote for
Obama... { Yeah, come on! Smart (if they don’t)! As a matter of
self-respect, how could they possibly vote for wobama the b for b***s***. Sure,
that disingenuous smile/spiel; then…just the opposite or nothing at all! }
REPORT: Michelle's Spanish Vacation Cost Taxpayers
$467,585 [moochelle … what a typical nigger … and as always, in your face,
tauntingly so! They’re just typical niggers who come november, will indeed be
packing and gone by innauguration or sooner which is not soon enough. ] ...
Blue collar Dems jealous, angry over lavish vacations...
'Fantasy' is to walk out WH 'and just keep walking' [
That wish is granted! Start packing! ] ...
Says she won't run for president...
MOST UNPOPULAR GOV'T IN 15 YEARS
Hawk Flies Off With PLAYBOY Playmate's Puppy...
[ Truth be told, though numbering few, Hawks are my favorite bird, followed by
the Humming Bird (their aerodynamics), and finally, The Owl. ]
4-25-12 BERNANKE CAMPAIGN PITCH: Don't worry, folks, it's all
about to get much, much better...
FLASHBACK FEBRUARY: 'Increased Possibility of a
Sudden Fiscal Crisis'...
Romney would boot Ben... [ Now we know the reason for
bernanke’s pro-wobama politicking: Reuters:
Mitt Romney says he would boot
Ben Bernanke - The Trail The likely Republican nominee says, “I’d be
looking for somebody new” to run the Federal Reserve if he’s elected president.
Romney criticized Fed Chairman Bernanke for printing too much money in a bid to
stimulate the economy. (April 25, 2012) Drudgereport: Romney would boot Ben... And, not only
because bernanke as has obama failed miserably; good, sound management all but
requires that he do so (as per the late Peter Drucker among the multitude of
Management experts). Wobama, the lazy jive-talking b***s*** artist, despite
campaign rhetoric to the contrary, literally continued all things dumbya bush.
]
'HIT THEM AS HARD AS YOU CAN'...
Senator launches probe over scare tactics...
VIDEO...
Salazar: 'No one knows' if US headed to $9 a
gallon...
EPA OFFICIAL: 'CRUCIFY' OIL
& GAS COMPANIES
REPORT: Zimmerman 'has black roots'...
RNC chief asks for federal probe of Obama campaigning
on taxpayer's dime...
Michelle Hails Free-Contraception Mandate: 'We Made
History'...
Student Loans: The Next $1 Trillion Bailout?
Britain in double-dip recession...
Europe 'faces a Japan-style Lost Decade'...
'ECONOMIC SUICIDE PACT'...
Gov't gives away money to turn spinach into energy...
SENATOR: Save USPS with wind farms...
House Dem: Unemployed Will Vote For Obama To Keep
Their Benefits...
4-24-12 REPORT:
Mexicans flee Obama economy...
NOT AMUSED:
Former SNL cast comedian calls Obama 'f***ing a**hole' over high taxes...
As senator,
Obama skipped votes on student loan bill he now wants to extend...
'ARE YOU
BETTER OFF?'
US home
prices drop for 6th straight month...
'A BETTER
AMERICA BEGINS TONIGHT'...
'Tonight is
the beginning of the end of the disappointments of the Obama years'...
UPDATE:
Kidney donor wants organ back from ex-boss { This story is outrageous and
beyond words – the businesses of the victim’s ex-boss should be boycotted until they’re out of business! } ...
Immelt
defends GE's tax bill...
Protesters
chant: 'Pay your fair share'...
FLASHBACK: GE
Files 57,000-Page Tax Return, Pays No Taxes on $14 Billion in Profits...
4-23-12 MARCO AND MITT...
Rubio to deliver 'major speech' on foreign policy...
Iraq War Vet of 3 Tours Shot Dead -- Outside CA
Party... [ Wobamaland California More Dangerous than Wartime Iraq! http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm ]
IT'S MY GOVERNMENT...
OBAMA'S MEDICARE SLUSH FUND MASKS OBAMACARE BEFORE
ELECTION...
Admin. refuses to cancel spending...
NAACP supports 'stand-your-ground' (but only when it
favors a nigger) in domestic abuse case ...
SET FOR FREEDOM...
Urged to lay low amid threats...
BAIL GRANTED: ZIMMERMAN...
MAKES STATEMENT TO COURT...
VIDEO...
Wife testifies by phone after threats...
Trayvon Martin family refuses meet with shooter...
4-20-12 Dem Sen unsure if he will vote for Obama...
MF Corzine still bundling cash for prez...
Scandals sidetrack campaign...
HARNDEN: 'Already in deep trouble'...
Booed in Boston...
Zuckerman: Economic Programs Have Failed...
GOV'T: Food Stamp Rolls Explode By 70%...
Record 5.4 Million Sign Up For Disability Under
Obama...
Growing movement of squatters in USA...
Noonan: America's Crisis of Character...
BAIL GRANTED: ZIMMERMAN...
MAKES STATEMENT TO COURT...
VIDEO...
Wife testifies by phone after threats...
Trayvon Martin family refuses meet with shooter...
DERSHOWITZ BLASTS PROSECUTION: 'NOT ONLY IMMORAL, BUT
STUPID'... [ Indeed! And, make no mistake, I never would have
thought I’d be agreeing with Alan Dershowitz on anything: http://albertpeia.com/trayvonnewtawana.htm
]
BANG, BANG ‘…His
surprising testimony came the same day that ABC News exclusively obtained a
photograph showing the bloodied back of Zimmerman's head, which was apparently
taken three minutes after he shot and killed Martin.
The photo could give credence to Zimmerman's claim that Martin had bashed his
head against the concrete as Zimmerman fought for his life…’
GOOGLE FOUNDERS PLAN SPACE BIZ { Spaced
out! The new boondoggle! Clearly, in desperation this must be the NSA (recall
that google has that ‘cozy’ relationship with the NSA presumably for your data,
searches, activity, etc.) pushing their ‘spread the new propaganda / b***s***’
line, the googleheads their mouthpiece! How totally pathetic! How totally
desperate! Unfortunately for them, the writing’s already on the wall; hence,
their inconsequential, too little too late, desperation. If this wasn’t so
pathetically desperate and tragic, this would be laughable; not to mention the
costs relative to benefits (I wonder what the insurance premiums alone on this
pipedream would be – oh, right, self-insurance). Let’s see where they divert
the new boondoggled funds from; stock issue?, taxpayers?, illegal drug trade –
strike that as doubtful – they’re the greediest and lack the patience for a
drawn out score! Of course the other possibility that begs the typical
california question of these california googlers is, ‘what have they been
smoking’? http://albertpeia.com/nsawhistleblowerspeaks.htm }
4-19-12 CBO: Food Stamp Rolls Explode By 70%...
POLL: Obama's popularity abroad [and domestically] on
wane...
Romney Visits Empty Factory to Mock Obama...
SOLYNDRA Building for Sale!
OBAMA JOBS PLAN: WORK AND GET UNEMPLOYMENT...
VA's Disability Claims Backlog Pushes 900,000...
4-18-12 THE FALL OF SARKOZY?
Panetta: 'We're within an inch of war almost every
day'… [ Just the way the military industrial complex likes it! ]...
White House denies 'deal' on Panetta commute...
LA Schools May Lower Graduation Standards To Curb
Dropouts... [ Sounds like a california dreamin’ nightmare plan http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm #11 California Has Some Of The Worst Schools
In The Nation Many families are
moving away from California because the public schools are absolutely
nightmarish. The truth is that California has some of the worst schools
in the entire nation. In the late 70s, California was number one in
per-pupil spending on education, but now the state has fallen to 48th place. ]
NY law would identify buildings with
smokers...
Bloomberg Strikes Again... [‘There are many more examples of this "control
freak" mentality. As I wrote about recently,
one California town is actually considering making it illegal to smoke in your own backyard.’ http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm
]
Romney: No Greek Columns This Time Around...
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...
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. ] '
·
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...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel
good about themselves having niggers around and helping niggers to help them
feel better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s
gotten to her black projects. Let them live anonomously (in disguise) with the
niggers for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an
insoluble problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the
niggers, including niggerbama back to sub-saharan africa! ]
4-17-12 GALLUP SHOCK POLL: ROMNEY 48% OBAMA 43%...
Campaign attacks pollster...
Romney, Obama tied in new PEW Poll...
Brownstein: Obama's race problem … [ yes, indeed! You
can’t expect non-blacks to be self-destructive dinosaurs! ]...
ROMNEY LASHES OUT AT 'OBAMA' MEDIA [ This
is not an exaggeration. Indeed, wobama’s been given a free pass by them
concerning his rhetoric, broken campaign promises, impeachable offenses, a
questionable biographical history including citizenship, etc.. Most notably,
their reluctance to call wobama’s tenure what it truly is; an abject failure,
marked particularly by insurmountable debt, spending while continuing the
failed policies of dumbya bush. ]
Inventor of world wide web savages govt's Big Brother
plans...
Extension of surveillance powers
'destruction of human rights'...
RECORD NUMBER OF AMERICANS RENOUNCE CITIZENSHIP...
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...
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. ] '
·
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...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel
good about themselves having niggers around and helping niggers to help them
feel better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s
gotten to her black projects. Let them live anonomously (in disguise) with the
niggers for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an
insoluble problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the
niggers, including niggerbama back to sub-saharan africa! ]
4-16-12 ROMNEY TO OBAMA: 'START PACKING'
Obama: 'GOOGLE, FACEBOOK Would Not Exist' Without
Government...
GOOGLE FOUNDER: WEB FREEDOM UNDER THREAT...
'Very powerful forces have lined up
around world'...
FCC drops GOOGLE 'Street View' investigation...
PHOTOS: Embattled GSA Official Enjoys Wine and Soak
in Spa Tub During 'Pre-Conference' Meeting...
Pleads the Fifth...
Dodges reporters after hearing...
Report: Democrat-controlled Senate laziest in 20
years...
'Buffett' battle heads to Senate floor; bill won't
dent deficit...
GOOGLE FOUNDER: WEB FREEDOM UNDER THREAT...
'Very powerful forces have lined up
around world'...
Hillary Clinton Dances Night Away in Colombia...
Beers and cheers!
Obama: I'm Here 'To Scout Out' My Next Vacation With
Michelle...
Consensus elusive at summit...
Latin America rebels over Cuba...
Hollywood publicist who claimed to be undercover CIA
operative -- chokes to death on a deli meat sample... [ Sounds cia
to me as in ‘choken, not choked and now shaken but not stirring’.]
UK lord suspended over 'bounty' for Obama and Bush...
The British peer reportedly said:
"'If the US can announce a reward of $10 million for the (capture) of
Hafiz Saeed, I can announce a bounty of £10 million (for the capture of)
President Obama and his predecessor, George Bush." [ Sounds fair to me! ]
OBAMA DOESN'T QUALIFY FOR OWN 'BUFFETT RULE'...
PRESIDENT PAID LOWER RATE THAN SECRETARY?
Kids get $48,000 -- tax free!
BIDENS DONATE LESS THAN 1.5% OF INCOME TO CHARITY...
Biden Earned $21,000 Last Year From the Secret
Service...No, he’s not
moonlighting as an agent.Vice President Joe Biden last year earned $20,900 in
rental income from the Secret Service, which is paying him to host agents on
his property so they can protect him.Most high-profile people in need of
protection pay people to keep them safe. Government officials are allowed to
have taxpayers pick up the tab. Biden is unique in that he actually gets paid
by his bodyguards for the right to protect him.Biden’s tax records list
rental income of $20,900 from a “cottage” on is property, which is reportedly being leased by the
Secret Service and paid for at a rate that could earn him even
more money next year.Biden took deductions for mortgage interest and taxes that
allowed him to report only $12,653 of the amount on his federal tax return.Of
course, the Bidens badly need the money. They only had an adjusted gross income
of $379,035 last year. This probably also explains why they gave less than 1.5
percent of their income to charity.Among the $5,540 in charitable donations
were $1,000 to the UN World Food Program; $1,080 to the Northern Virginia
Community College Alumni Scholarship Fund; $1,000 to the Diocese of Wilmington;
Delaware; $360 to a breast health initiative launched by Dr. Jill Biden; and
$50 to the Wounded Warrior Project.
POLL: Sarkozy's comeback hopes crumble...
4-13-12 POLL: ROMNEY TOPS OBAMA...
ROMNEY WARNS: OBAMA COMING FOR GUNS
WHAT HAPPENS IN VEGAS, STAYS IN
VEGAS: GSA OFFICIAL TO THE FIFTH...
POLL: Sarkozy's comeback hopes crumble...
Stocks See Worst Week Of Year..
Mexico Stocks Plunge After 'Wrong Order'...
OBAMA DOESN'T QUALIFY FOR OWN 'BUFFETT RULE'… [ Hmmm!
Now we know why the million dollar threshold this year, not last when wobama
earned $1.7 million ] ...
PRESIDENT PAID LOWER RATE THAN SECRETARY?
Kids get $48,000 -- tax free!
CAMPAIGN WANTS ROMNEY TAXES -- BACK TO 1970s!
BIDENS DONATE LESS THAN 1.5% OF INCOME TO CHARITY...
FEDS FORCE MEDIA TO USE GOV'T COMPUTERS...
4-12-12 POLL: ROMNEY TOPS OBAMA...
Obama Hammered for 'Jetting Around,' Taking Vacations
While Americans Suffer...
New Romney Bumper Sticker: Moms Drive The Economy...
GODFATHER blames Daley for rampant crime...
Homicides in Chicago soar; 120 dead in 2012, 500
wounded...
Mother and child, 1, shot while sleeping...
Woman shot in face while driving...
Dershowitz: Zimmerman Arrest Affidavit 'Irresponsible
And Unethical'...
“Most affidavits of probable cause are very thin. This is so thin that it won’t
make it past a judge on a second degree murder charge,” Dershowitz said.
“There’s simply nothing in there that would justify second degree murder.”
Judge Blocks Execution of Cat Ordered by Deceased
Owner's Will...
Broken promises come back to haunt Sarkozy...
Disillusioned French voters focus on
core economic issues...
'SHE HAS NEVER WORKED A DAY IN HER LIFE' [
So what! Five boys raised properly, housewife to a successful husband, I’d call
that a full-time job to be praised and emulated! I’d also say her composure
reveals an individual secure enough to do what was best, optimal for her
family. It certainly had a salutary effect on Mitt Romney’s earning capacity!
Would it have been preferable for her to have been a working wife as michelle
obama to con-man, sometime gayster obama who was about to be disbarred when she
surrendered her law license; or, hilarious hillary clinton who conducted
séances on the roof of the whitehouse purportedly with Eleanor Roosevelt? I
think she’ll be a great first lady who won’t as monkey faced chimp moochell
obama try to squeeze out every penny of tax-payer funding she can as has
moochelle in ie., her (their) over-traveled/vacationed position(s).]
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...
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. ] '
·
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
4-11-12 'SHE HAS NEVER WORKED A DAY IN HER LIFE' [
So what! Five boys raised properly, housewife to a successful husband, I’d call
that a full-time job to be praised and emulated! I’d also say her composure
reveals an individual secure enough to do what was best, optimal for her
family. It certainly had a salutary effect on Mitt Romney’s earning capacity!
Would it have been preferable for her to have been a working wife as michelle
obama to con-man, sometime gayster obama who was about to be disbarred when she
surrendered her law license; or, hilarious hillary clinton who conducted
séances on the roof of the whitehouse purportedly with Eleanor Roosevelt? I
think she’ll be a great first lady who won’t as monkey faced chimp moochell
obama try to squeeze out every penny of tax-payer funding she can as has
moochelle in ie., her (their) over-traveled/vacationed position(s).]
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...
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. ] '
·
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 Islamists
kill dozens in Nigeria Christmas bombs [ Blacks’ black Christmas!
Typical! For ‘self-defeating / self-destructive’ ‘political correctness’ or
otherwise, I believe the under-profiled black serial killer is also the
consequence of their proclivity for and love of killing, random, wanton
savagery for no reason other than for the sake of killing (as, ie., rabid dogs,
which distinguishes them from and positions them below other feral beasts) and
otherwise, and an historic predisposition toward canabalism. After all, the
contra-indicated mainstream ‘politically correct’ view (tv and otherwise) calls
for a white perp in terms of ‘profile’ which is of course, ridiculous. I
believe the under-reporting is owing to multiple killings by blacks being
classified as something other than ‘serial’; ie., gang, gang related,
‘typical’, etc.. Moreover, the anti-white bias of the black perps is also a
reality that’s under-reported. Take a look at the following brutally
uncivilized black on white violent rapes/murders: 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...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel
good about themselves having niggers around and helping niggers to help them
feel better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s
gotten to her black projects. Let them live anonomously (in disguise) with the
niggers for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an
insoluble problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the
niggers, including niggerbama back to sub-saharan africa! ]
4-10-12 WALL ST GHOST TOWN: TRADING HITS 4-YEAR LOW [Actually the low trading
volume’s a positive in that those churn-and-earn computerized programmed trades
at lightning speed are a big net negative in real economic terms. ]...
STOCKS CONTINUE DROP...
Log Worst Day of Year...
Wave of Selling Rocks Euro Markets...
SONY Revises Expected Loss to $6.4 Billion!
SHOCK PHOTOS: Obama, Thin And Wasting Away...
LOSING HIS COOL!
An American soldier killed in Afghanistan every day
in April...
Iran captured Israel-backed 'terrorist team'...
RACE WARS: Baltimore's top cop says videotaped beating of white
tourist hate crime...
New Video Surfaces...
Zimmerman attorneys: 'We've lost contact with him'...
Family of Trayvon worried he won't be found...
[ Yeah, he might not even pick that medal he deserves for taking out that
little thief and typical future nigger criminal who threatened his life. Can
you believe that the protesting nigger animals shot up a police car and blocked
entrance to the police station! ]
Special prosecutor to release new info 'within next
72 hours'...
Strip-Search Case Reflects Death of American
Privacy...
4-9-12 Gas Prices Grow More Under Obama than Carter...
$7 Gas Hits CA's Catalina Island...
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...
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. ] '
·
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 Islamists
kill dozens in Nigeria Christmas bombs [ Blacks’ black Christmas!
Typical! For ‘self-defeating / self-destructive’ ‘political correctness’ or
otherwise, I believe the under-profiled black serial killer is also the
consequence of their proclivity for and love of killing, random, wanton
savagery for no reason other than for the sake of killing (as, ie., rabid dogs,
which distinguishes them from and positions them below other feral beasts) and
otherwise, and an historic predisposition toward canabalism. After all, the
contra-indicated mainstream ‘politically correct’ view (tv and otherwise) calls
for a white perp in terms of ‘profile’ which is of course, ridiculous. I
believe the under-reporting is owing to multiple killings by blacks being
classified as something other than ‘serial’; ie., gang, gang related,
‘typical’, etc.. Moreover, the anti-white bias of the black perps is also a
reality that’s under-reported. Take a look at the following brutally
uncivilized black on white violent rapes/murders: 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...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel
good about themselves having niggers around and helping niggers to help them
feel better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that long
ago. The atheist jolie, so fatherly troubled as she is, has let the equally
mentally troubled pitt (she so nutty she makes him feel somewhat sane though
still not too bright) and pendulum ‘backwoods bob’ be the closest she’s gotten
to her black projects. Let them live anonomously (in disguise) with the niggers
for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an
insoluble problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the
niggers, including niggerbama back to sub-saharan africa! ]
4-5-12 Economy adds just 120K jobs...
Number of people not in labor force rises to record
88M...
Futures crash on jobs data...
Stocks Post Biggest Weekly Decline in 2012...
40th straight deficit month...
DEBT HITS $15,617,723,000,000.00
Obama's Budget: 'Interest Payments Will Exceed
Defense Budget' in 2019...
'Long Live Zimmerman' Spray-Painted on Ohio State's
Black Cultural Center...
City of Sanford preps for worst with decision looming
in Trayvon Martin case...
Man, 78, beaten by teens: 'This is for Trayvon'...
NBC probe on altered 911 call centers on 'seasoned'
producer...
Jesse Jackson calls on blacks to wear hoodies to
polling places...
VULCAN DEATH GRIP: VOTE FOR ME OR THE KIDS DIE...
REPORT: Panetta's weekend trips to CA cost taxpayers
nearly $1 million...
Def Sec paid just $17,000...
Federal Worker Performs Rap Bragging About Lavish
Perks...
'Love to the nation! I'll never be
under investigation!'
POLL: Even government workers say they are lazier...
4-04-12 Food inflation seen back on the table as prices
rise...
Romney Accuses Obama of Hiding Agenda...
Russia warns West, Arabs against arming Syria
rebels...
U.S. Pressing Interpol to Deny Egypt's Request To
Arrest Americans...
4-03-12 PUMP AND SLUMP...
ROMNEY SLAMS OBAMA'S 'GOVERNMENT-CENTERED SOCIETY'...
PAYBACK: Obama admin set to sue Sheriff Joe...
Arpaio continues probe into president's birth...
NBC offers 'skimpy' apology fo Zimmerman tape
screw-up...
LIMBAUGH: Obama Puts Out Figurative Bounty on Supreme
Court...
FEDERAL APPEALS COURT FIRES BACK AT OBAMA...
HENTOFF: Obama's NSA: Close to knowing all about
us...
Beware the unholy alliance of state and internet...
IMF chief calls on U.S. for more cash...
4-02-12 Van Jones: Obama Wouldn't Lose Black Vote Even If He
Came Out As Gay...
DID HE GET A LEAK?
OBAMA TAKES SHOT AT COURT
FLASHBACK: Obama biggest recipient of BP cash...
RED ALERT: Pentagon activates missile defenses for NKorean
launch...
GUNMAN OPENS FIRE AT CA UNIVERSITY...
At least 7 dead...
REPORT: Rick Perry used pain killers to get through
debates...
Arizona Passes Sweeping Internet Censorship
Bill…[arizona is such a nothing, desert wasteland of a state; with
war-mongering, neo-con moribund loser mccain a testament to that fact]...
3-30-12 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. ] '
NOONAN: HE'S BECOMING 'CREEPY'...
Suffers 'worst week' of presidency...
Dem donors ignore plea for cash...
STUDENTS SOUR...
GE Immelt insists he's NOT pulling for Romney...
SHOCK POLL: Afghan war support DOWN TO 25%...
Greek PM warns against threat to bailout...
Europe warned crisis not over yet...
Storm clouds gather over Italy reform drive...
UK GRIPPED BY 'FUEL EMERGENCY'...
Gas Stations Go Dry...
3-28-12 SUPREMES POISED TO STRIKE DOWN OBAMACARE...
Individual mandate picked apart...
Admin. tries rebranding...
'Personal responsibility clause'...
IRS seeks 4,000 agents for Obamacare...
WIRE: Justices split by ideology...
RUBIO
ENDORSES ROMNEY
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
·
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.
New Orleans officer resigns after Trayvon comments...
'Act like a thug die like one!'...
[ The officer should not have had to resign. The reality is that trayvon was
just a typical nigger; nothing more, but as the niggers and niggerphiles will
attest, nothing less. ]
Baggage Handlers Behind 200 Thefts a Day at JFK...
3-26-12 Gas prices expected to rise all summer long...
Sandusky was labeled 'likely pedophile' in 1998...
'Cracker' T-shirt hits Florida streets...
COPS: Zimmerman says Trayvon decked him with one blow
then began hammering his head on sidewalk...
'Suffered broken nose and had injury to back of
head'...
Martin had been suspended from school for
marijuana...
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
Former NAACP leader accuses Sharpton,
Jackson of 'exploiting' Trayvon Martin...
'His family should be outraged'...
Mother seeks to trademark dead son's name …[ For
what? Trayvon hoodies? ]...
Many wear hoodies as churches remember Trayvon...
STUDY: Earth heated up in medieval times -- before
human CO2 emissions...
3-23-12 Obama gets personal over killing of black Florida
teenager...
Urges 'soul-searching'...
More Miami schools stage mass walk-outs...
Gingrich calls Obama's Trayvon comments
'disgraceful'...
Cops: Man threatened to kill police chief at center
of case...
Jeb Bush: 'Stand your ground' invalid here...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel
good about themselves having niggers around and helping niggers to help them
feel better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s
gotten to her black projects. Let them live anonomously (in disguise) with the
niggers for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE IMPLICATION
DESPITE FACTUAL DATA TO THE CONTRARY ]
ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] ' [ Hold on
one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote! Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
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://www.albertpeia.com/whitesvictimizedbyblacks.htm
The reality is that blacks are an
insoluble problem wherever they are. That’s not going to ever change; not
make-shift/make-work jobs; not programs; not anything tried or to be tried;
hence, they must be treated as exactly that – problems – before a solution can
be derived and fashioned. ] [ Send the
niggers, including niggerbama back to sub-saharan africa! ]
EUROPE RIDICULES OBAMA...
'Maybe copy key got stuck on
presidential speechwriter's keyboard'...
REPORT: Corzine Ordered $200M Moved to JPMORGAN Days
Before MF GLOBAL Collapse...
...memo contradicts Corzine testimony
LATEST DOCUMENT DUMP: White House was
all-hands-on-deck as SOLYNDRA collapse neared...
APPLE Flash Crash: Single Trade Causes 9% Plunge...
3-22-12 'Do you have your birth
certificate?'
Heckled at Ohio State...
CNN reporter says 'n*gger' on live TV … [ Good for
him! That’s what they are! ] ...
WASHPOST: 'Florida shooting stirs memories of civil
rights era'...
Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of niggers that would have to be retaliated against
based upon the hushed reality of the prevalence of black on white crime? The
niggers should be careful what they wish for in playing that game because the
facts don’t break in their favor. As for the pathetic whites among and
protesting with them, they at best just don’t know any better and need a closer
real look at the nigger. ] ...
Student loan debt tops $1 trillion...
Marine sergeant faces discipline for FACEBOOK
critique of Obama... APNewsBreak:
Marine critical of Obama faces charge [ This one caught my eye.
While it is true that good soldiering requires absolute discipline by
definition, oaths should be taken seriously, honored, and given effect. That
said, burning Qurans was the product I assume of orders reflecting even more
than just stupidity; hence, whoever gave the order should pay the piper. If no order, and stupidity as
with urinating on the bodies of the dead, can and should the actors be held
accountable for such gross stupidity? Absolutely! However, one must be mindful
of the reality that marines invariably have ‘skin in the game’ when it comes to
consequences of commanders in chief incompetence, unlawful acts, poor judgment
particularly as impacted by questionable mental states (arbitrarily taking the
last three presidents as illustrative, viz., clinton, bush, obama certainly
reflect this reality and concern coupled with the unnecessary murderous results
of their actions). There has been a longstanding rebuke of the ‘just following
orders’ defense accorded soldiers since particularly the nazi regime as an
example. As such, Stein certainly should be lauded for saying what all soldiers
should already know; namely, the unlawful detention of americans, among other
constitutionally barred activities should not be among those orders they are
willing to follow. The proscriptions of posse comitatus should also serve as a
guide. This is particularly important given the fragile mental state of
americans generally, and america’s leadership especially. No longer is it, if
ever it was true that americans can be trusted to do the right thing. In fact,
quite the opposite is true. Wobama is a desperate and incompetent failure as
president whose invariable breach of campaign promises is a testament to his
unsuitability for the office he currently occupies; and, one can only thank
Stein for recognizing what could devolve into a much more serious and
devastating scenario for the nation owing to wobama’s ever increasing political
desperation. Broadly and generally, murky areas as this, even involving the
military, should be resolved in favor of free speech, first amendment
guarantees and against censorship. Guest Post: The Ascendence Of
Sociopaths In US Governance Durden 3-21-12 How
did we get here? An argument can be made that miscalculation, accident,
inattention and the like are why things go bad. Those elements do have a role,
but it is minor. Potential catastrophe across the board can't be the result of
happenstance. When things go wrong on a grand scale, it's not just bad luck or
inadvertence. It's because of serious character flaws in one or many – or even
all – of the players. So is there a root cause of all the problems I've cited?
If we can find it, it may tell us how we personally can best respond to the
problems. In this article, I'm going to argue that the US government, in
particular, is being overrun by the wrong kind of person. It's a trend that's
been in motion for many years but has now reached a point of no return. In
other words, a type of moral rot has become so prevalent that it's
institutional in nature. There is not going to be, therefore, any serious
change in the direction in which the US is headed until a genuine crisis
topples the existing order. Until then, the trend will accelerate. The
reason is that a certain class of people – sociopaths – are now fully in
control of major American institutions. Their beliefs and attitudes
are insinuated throughout the economic, political, intellectual and
psychological/spiritual fabric of the US. ]
3-21-12 LA City
Council Close To Resolution Barring Radio Hosts From 'Racist, Sexist'
Comments... They can’t
even competently run this crime-ridden city where even cops are targets, and
now they want to get into the censorship business? Remember bustamonte’s quip, ‘the last gasp of white america’? Let the dummies take and require passing a course
on first amendment constitutional law before making greater fools of
themselves. 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
VIDEO: Black
Student Becomes Enraged In Evolution Class, Threatens To Kill Professor... http://albertpeia.com/blackthreatenstokillprofessorstudentsoverhersimianancestry.htm
Sheriff Joe
Warns: 'Tons' more shocking info on Obama...
Prices
Slashed on Limited Edition 'Obama 44' Jerseys...
REPORT:
Troops stressed to breaking point...
More Marines
Voicing Disapproval of Obama...
OBAMA BACKS
HALF A PIPELINE!
Oil Prices at $200 a Barrel?
3-20-12 Obama exempts
11 countries from Iran sanctions...
Netanyahu's
Holocaust rhetoric under fire...
Lagarde warns
of 30% oil spike...
Karzai calls
American troops 'demons'...
POSTMAN
CLAIMS: Ayers family put 'foreigner' Obama through school...
...video
interview
3-19-12 SANTORUM ENDORSES ROMNEY! [1,504 DAYS
AGO]
'If you want
conservative as nominee of party, you must vote for Romney'...
GODFATHER ROM
EMANUEL SHUTS DOWN NATO PROTEST...
Big Brother
Bloomberg Bans Food Donations...
Might be too salty...
Holder 1995:
We Must 'Brainwash' People Against Guns … [ And guns
not the only subject of brainwashing they’re into;
after all, in reality, all holder’s street bros
will have their illegal guns anyway, making the law abiding even more dependent
upon and at the mercy of the corrupt, do-nothing feds et als! ] ...
MARTIAL LAW?
WHITE HOUSE ISSUES EXECUTIVE ORDER: 'NATIONAL DEFENSE RESOURCES
PREPAREDNESS'...
...document
creates widespread worry
WASHPOST: 'A
misleading account of Obama's mother and her insurance dispute'...
Miami Vice:
The fight to keep big casinos out of Florida...
3-16-12 COST OF
LIVING SOARS...
CBO: Obama
budget deepens debt by $3.5 trillion...
2013 deficit:
$977 billion...
CBO sees
higher deficits under Obama plan...
Will Tom
Hanks Video Help Obama [ Lamentably, sweet tom never really able to shirk the
role of retard once driven to the apollo as the beloved but mentally challenged
gump. Yes, life in america for worst is like that candidate of chocolate.
] ?
'He Would Not
Dwell In Blame' [ Yeah, sounds like a plan; when, as with wobama, you have so
much to be blamed for. In the final analysis, isn’t blame, the
positing of blame to one or another ultimately what a vigorous and real
political process is about, ultimately arriving at who’s best to provide credible solutions in light
thereof? ] ...
GOP mocks [
Indeed they should! Indeed they must! Wobama’s a joke! ] {
The time is come for wobama to pay the piper for every b***s*** story he’s ever told – and that a
real lot of b***s*** to account for! } ...
CIA wants to
spy on you through your TV...
Agency director says net-connected gadgets will 'transform'
surveillance...
Bob Barr
Files Lawsuit Against TSA Over 'Drudge' Controversy...
'HOMELAND'
LISTS YAWNING, GOOSE BUMPS AS SUSPICIOUS BEHAVIOR...
DEM SEN
ACCUSES COLLEAGUES OF BEING 'NIGGARDLY'[ But, to their credit, not niggers! ]
...
SOLDIER NAMED
IN AFGHAN MASSACRE...
Writings
about war battle discovered...
Angelica
Huston: USA Returning to 'Dark Ages'...
3-15-12 Suspect in
Afghan Attacks Had Brain Inury Been
Drinking...
'He wasn't
thrilled about going on another deployment'...
KARZAI: GET
OUT!
Afghan
president wants U.S. troops gone from villages...
U.S. moves
massacre soldier to Kuwait...
Thousands
protest, chant anti-American slogans...
Taliban
suspends 'peace talks'...
CAM SNUBS REPUBLICANS
Obama Tip for
Fainting Audience Members: 'You've Got to Eat'...
Orders baby
back ribs, grits, and corn bread...
Biden lauds
Obama as man of 'steal' [ spelled s-t-e-A-l, with an emblazened O on his frail,
weepy chest as in zero, the big zero wobama the b for b***s***! ] ...
Three in 10
young adults live with parents, highest level since 1950s...
Axelrod:
Limbaugh, Maher sexist comments different...
BUCHANAN:
Rush and the new blacklist...
China becomes
top investor in Germany...
3-14-12 'I wanted to have the Marines look just like their
Afghan partners'...
First time stripped of guns during address by
secretary of defense...
DISTRUST: MARINES DISARMED FOR PANETTA AT CAMP
LEATHERNECK
Price of gas in CA jumps 50 cents in one month...
FLASHBACK: Obama Birthday Party 'Black Heaven'
[‘Nigger day’ (aka ‘White Hell’) is darkest night for america!]...
'Obama fanatic' pleads guilty to threatening to kill
Sheriff Arpaio, family...
3-13-12 CBO NEARLY DOUBLES OBAMACARE ESTIMATE...
$1.76 TRILLION OVER 10 YEARS!
FLASHBACK: Obama pledges legislation will cost
'around $900 billion over 10 years'...
Fed: Four large banks fail stress tests...
CITI fails...
Spain Has 'Worse Problems Than Greece'...
AFGHANS BURN OBAMA EFFIGY...
Taliban threatens to behead U.S. soldiers...
Fire on Afghan officials at attack site...
Kabul demands local trial for US gunman...
3-12-12 PAIN IN THE PUMP!
44 DOWN TO 41
Fed stress testing banks against 13% unemployment,
50% drop in stock market...
PAPER: Germany proposes a 'DRUDGE Tax'...
[Sounds a bit ‘naziish’ to me, in addition to desperate]
Kabul demands local trial for US gunman...
Afghans urge exit...
UK plans combat pull-back...
Killings bring war to presidential campaign...
U.S. soldier in Afghan massacre had 'brain injury'...
3-09-12 Unemployment holds: 8.3%...
US still down 6 million jobs...
THE NUMBERS...
Trade deficit widens to biggest gap since '08;
Imports hit record...
US borrowing rises for first time since 2008...
Banks foreclosing on churches in record numbers...
Greek debt swap triggers massive payouts...
MOODY'S declares Greece in default of debt...
Spain's new govt faces first strike...
Germany wants new debate on EU constitution...
Hammer-Wielding Thieves Swipe $450K In High-End
Watches -- In 45 Seconds! [ Typical niggers! It’s happening all over the
country, here in california particularly. Where’s the Drudge story on that
ruthless, uncivilized but typical nigger Kony of uganda fame – remember idi
amin? - come on … it’s the same story all over africa or wherever they are in
concentrations; similar stories, including especially here in america! Face up
to it! That’s what niggers are, that’s what niggers do! ] !
3-08-12 Gov't sets record deficit...
POLL: 77% Say Gas Most Important Factor in
Election...
REPORT: Obama lobbying against Keystone pipeline...
FLASH: Dems kill...
Energy Secy: I don't own a car...
ISRAEL REQUESTS 'BUNKER-BUSTER'
Romney Readies 'Prosecution of Obama'...
Greece in last ditch scramble to avoid default...
Alarm sounds over Spain rising debt...
Portugal Doomed?
3-07-12 Panetta: 'International Permission' Trumps
Congressional Permission For Military Actions … [ Well, isn’t that
revolutionary, as in ‘coup speak’, the constitutional ‘check/protection by
solid precedent’ dashed in a sweeping statement by an italian in a failed
regime – seen/heard that one before, that ‘international permission’ being the
axis powers consensus giving rise to WW2– this is almost in the realm of
unbelievable yet is all too believable in pervasively corrupt, defacto
bankrupt, war crimes nation america! What total b***s*** / insanity. Let’s
see…who should be the ‘international permissioner’ this day? How ‘bout, zionist
netanayahu, robert mugabe the zimbabwe, etc.. How totally pathetic! ] ...
Weinstein passes on movie pitch – from [how totally pathetic] Obama!
GAS HITS $6 AT CALIFORNIA STATION...
REPORT: Part of $11M grant to provide 'business
attire' for job seekers aided only 2 people...
Brazil overtakes UK to become world's 6th-largest
economy...
3-06-12 SUPER CHOOSEDAY...
ROMNEY: ID, MA, OH, VA, VT...
SANTORUM: OK, ND, TN...
GINGRICH: GA...
TOTAL DELEGATE COUNT...
TOTAL POPULAR VOTE...
HERE WE GO AGAIN: Obama moves to aid Syrian
'rebels'...
Sens urge strike [ And look at these senators: loser
mccain who’s ‘knock, knock, knocking on hell’s door’, zionist lieberman who’s
already out the door, and that ‘mixed up guy’ lindsey graham, all of whom have
contributed to america’s national bankruptcy strategy … ]...
Group sues for Michelle Obama vacation records [ and
there must be plenty of them; tons and tons … ]...
3-05-12 Tearful Putin claims election victory: 'Glory to
Russia'… [ Glory indeed! Historically well-deserved! I really don’t believe
that Russians realize how important this victory was for a stable, strong,
great Russia prospectively! ] ...
Reasserts grip...
POWER...
PROTEST FEAR: G-8 MOVED OUT OF CHICAGOLAND
HOLDER: US can target citizens overseas...
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 Islamists
kill dozens in Nigeria Christmas bombs [ Blacks’ black Christmas!
Typical! For ‘self-defeating / self-destructive’ ‘political correctness’ or
otherwise, I believe the under-profiled black serial killer is also the
consequence of their proclivity for and love of killing, random, wanton
savagery for no reason other than for the sake of killing (as, ie., rabid dogs,
which distinguishes them from and positions them below other feral beasts) and
otherwise, and an historic predisposition toward canabalism. After all, the
contra-indicated mainstream ‘politically correct’ view (tv and otherwise) calls
for a white perp in terms of ‘profile’ which is of course, ridiculous. I
believe the under-reporting is owing to multiple killings by blacks being
classified as something other than ‘serial’; ie., gang, gang related,
‘typical’, etc.. Moreover, the anti-white bias of the black perps is also a
reality that’s under-reported. Take a look at the following brutally
uncivilized black on white violent rapes/murders: 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...
3-02-12 GOV'T MOTORS halts production of CHEVY Volt...
Lays off 1,300...
BLAMES MEDIA FOR LOW SALES...
Judge Orders Illegal High School Valedictorian To
Leave US … [ I have found Colombians to be very intelligent, civilized, decent
and honorable people (despite attempts to paint them otherwise vis-à-vis the
illegal cocaine ops which are really primarily of american instigation and
utility. The more likely reason for this absurd result is that she forgot to
pay the expected judicial bribe, one way or person or another. That said, keep
in mind america’s a far cry from what it used to be in terms of reasons to want
to stay here. ) ...
3-01-12 OIL HIT $110+
Disputed report of Saudi blast causes frenzy...
India resists call to cut Iran imports...
REPORT: Real inflation at 8%...[Actually, even much
higher!]...
Your Share of Fannie, Freddie Losses: $1,300...
Two more American troops killed by Afghan soldier...
Obama: Apology 'Calmed Things Down'… [Riiiiight! That
reliable b***s*** effect… only in america…]...
Afghan government calls for trial for Quran-burning
soldiers...
Russia accuses US of meddling in presidential vote
[President Putin has every reason to accuse the corrupt, defacto bankrupt and
envious u.s.]...
Internet Outage at Pentagon...
EXCLUSIVE:
BREITBART'S LAST HOUR
Death to be reviewed by L.A. County coroner...
Sheriff Joe's posse: 'Probable cause'
Obama certificate a fraud...
'Forgery'...
2-29-12 DOWNER!
Bernanke warns lawmakers nation headed for 'massive
fiscal cliff'...
China holdings of US debt at $1.15 trillion...
Ron Paul: Fed's 'going to self-destruct'...
Energy Secretary Chu Admits Administration OK with
High Gas Prices...
Thieves Drilling Into Gas Tanks...
2-28-12 Gas Prices Hit $5 On Long Island...
...new worry is $6
Detroit Councilman Proposes Gas Stations Hire
Security Guards...
GOOGLE in EU showdown over privacy rules...
Revealed: US plans to charge WIKILEAKS' Assange...
More Teens Getting Jobs To Help Parents...
Israel faces resistance over Iran strike...
US security officials remain
opposed...
Congressional committee to consider tax breaks for
mustaches...
2-27-12 3 doomsaying experts who foresee economic devasation
ahead...
Obama 49% Gingrich 39%...
UK
Government 'has run out of money'...
Obama
Plays Race Card, Calls on Churches to Support Campaign...
Launches 'African Americans for Obama'...
Forgets
name of governor -- who is chairman of Dem Guv's Assn...
OBAMA
TO CUT HEALTHCARE FOR TROOPS...
CLAIM:
Godfather threw 25% of Chicago kids under bus...
Oil
price rise raises specter of global recession...
U.S. water bills to triple...
Credit Card Debt Nears Toxic Levels...
NYT: Obama using Espionage Act to 'silence and
prosecute federal workers'...
NYPD surveillance of students called 'disgusting'...
White House pumped millions into program...
Liberal groups demand investigation...
2-24-12 NOVEMBER SURPRISE! Debt doomsday may come sooner than
expected...
12 killed in bloodiest day yet of Koran-burning
protests...
Mobs charge US bases...
2 MORE AMERICAN TROOPS KILLED IN KABUL
Michelle O Raps the Rich -- at Swanky Fundraiser...
GEITHNER: Rich must pay more for 'privilege of being
an American'… [ Wow! That’s a bad pitch! Bye, america! ] ...
World's most famous atheist: I can't be sure God doesn't
exist…[Well, that at least makes sense; because, quite simply, there is a God!
] ...
Karen Santorum: Husband's surge 'is God's will'...
[ Karen Santorum: Presidential
run is 'God's will' (Washington Post) [ The place they call Heaven to Karen Santorum: News
Flash – God has more important things and worlds to attend to … Further News
Flash – Though not popular fare among rationalizers … Look around you,
worldwide. Clearly, the world where the Christ was brutally crucified (it would
happen again and again here) is certainly not God’s favorite, euphemistically
speaking … Final News Flash – No, the Christ was not sent here by God to be
brutally murdered / sacrificed like some animal in some pagan ritual for the
sake of some primitive species evolved from initially notochords, primitive
chordates, and relatively more recently primitive apes. Summary Conclusion:
Decades at best, people don’t flatter yourselves; in earthly vernacular, God
doesn’t give a flyingf*** about this, or any other election. Deceivers all
(look at all the pervasive frauds, deceptions embraced by so many), do not
deceive yourselves. http://albertpeia.com/anthroindex1.htm
]
2-23-12 Afghan soldier kills two American troops at
protests...
Taliban: Kill foreigners over Koran burnings...
Riots...
OIL JUMPS TO $108+...
America's Per Capita Government Debt Worse Than
Greece... http://albertpeia.com/debtpercapita.jpg
IRS delays in sending tax refunds continue...
2-22-12 Gas Prices Jump 10 Cents -- in Two Minutes!
$6 GAS
Record oil price sparks fears...
US EMBASSY IN KABUL ON LOCKDOWN AS KORAN BURNING
PROTESTS EXPLODE...
FEDS: Fresh milk 150 times more dangerous...
'Propaganda'...
Gov't launches war on hair dryers...
Percentage of Americans who pay NO TAX hits 49.5...
GODFATHER II: Rahm to co-chair Obama re-elect...
2-21-12 OIL HITS $106...
White House seeks to deflect blame...
GALLUP: Unemployment Rises to 9% In February...
SATISFACTION WITH COUNTRY WORST SINCE CARTER...
Michelle hits the slopes in Aspen month after
Hawaiian holiday...
16th vacation in 3 years…[ Something a bit negroish
about this seeming predisposed proclivity for all the vacations of the obamas
which I’m not the first to take note of; then, as well, there’s wobama’s
spending greater than that of all the presidents since Eisenhower combined –
well, you know, it’s an election year -
that ‘nigger-rich’ phenomenon despite the nation being virtually
insurmountably defacto bankrupt! ] ...
For Baby Boomers, it's now 'work til you drop'...
Gas prices highest ever for this time of year...
$4.93 in Los Angeles...
Already, talk of summer 'staycations'...
IRAN CUTS OIL TO UK, FRANCE...
Saudi Arabia CUTS Oil Output...
Oil prices hit 9-month high...
Iranian warships dock at Syrian port...
US, Britain urge Israel not to attack...
2-17-12 FEBRUARY: Gas prices rise to $4 in Los Angeles...
Record High For Month...
President Putin unleashes wave of anti-American
sentiment...
Britain fears new Cold War over Iran...
Iran sends 'message of peace and friendship'...
Turkey will not allow NATO to share intelligence with
Israel {Wise!}...
CAMPAIGN: OBAMA TOUTS PLANT HE TRIED TO CLOSE...
Michelle Obama takes a ski vacation...
Dem convention co-chair's company got $230m in
federal loans for 'green' projects...
2-16-12 PAT BUCHANAN: I'VE BEEN BLACKLISTED! OUT AT MSNBC…[
This is rather incredible, and certainly pathetic! Always a voice of reason and
whose fact-filled, fact based writings and positions were typified by fearless
candor, this tragedy of monumental proportion hearkens back to another dark
time in american history when such blacklisting / censorship was common place
even as though over-reaching the threat though exagerrated was more real.
Indeed, today, the purported threat is in reality exposure of the clearly
incompetent, misguided and corrupt actions of government bureaucrats who
consistently attempt to cover up their failings which have caused this
indisputable decline of, from his perspective, a once great nation. ] ...
Dollar Getting No Respect...
CBO: Longest Period Of High Unemployment Since Great
Depression...
USA will hit debt limit before election day...
China wants say in World Bank choice; Challenge US
grip…[Indeed. After all, reality should count for something.]...
Obama loses financial backing of big San Fran donor…’ "I don't know where he stands
on anything," – [ Join the club, Mrs. Buell. It’s
a club that includes wobama himself, until the teleprompter speaks. ] ‘...
2-15-12 $3.9 Billion in Fed Cash Flowed to Energy Firms With
Ties to White House...
Insiders had 'huge stake in decisions'...
Big donors reap subsidies...
China Reduces Holdings of U.S. Treasuries...
...lends more than $75bn to Latin America
Egypt state media accuses US of spreading anarchy...
Greek rhetoric turns hot...
'Forces' pushing Athens out of
euro...
2-14-12 Heightened Security in U.S. Over Iran Threat; Police
Guard Jewish, Israeli Targets...
WARSHIPS SAIL THROUGH HORMUZ...
US, Europe look at crippling financial lifeline...
Ahmadinejad to show off new nuke facilities...
'Neutralized' Stuxnet virus...
Decision On Iran Attack To Be Made 'By Summer'...
GAS PRICE UP 83% DURING OBAMA
EU divisions threaten aid for Greece...
REPORT: Chicago most corrupt city in USA...
2-13-12 ATHENS BURNS
Greece passes new austerity bill...
Rioting Intensifies...
Soros Slams Merkel; Warns of 'Great Depression'...
Samuel L. Jackson: 'I Voted for Obama because he's
black'...
US SENATE BAILS OUT BARBER SHOP...
Budget to increase taxpayer losses on TARP...
US SENATE BAILS OUT BARBER SHOP...
TMZ: Houston died of drug, alcohol combo...
REPORT: Not enough water in lungs to have drowned...
2-10-12 Obama budget to miss deficit goal...
-$1,330,000,000,000.00...
BISHOPS: Obama Solution 'Unacceptable'...
Burned by Religion Once Again...
NRA: Obama will 'erase' 2nd Amendment next term...
34 ITALIAN BANKS DOWNGRADED...
Argentina accuses UK of deploying nuke weapons near
Falklands... Sub rub...
2-9-12 Rep. Bachus faces insider-trading investigation...
Developing...
'Homeland Security' monitoring Internet for anti-govt
sentiment, social unrest...
Archbishop: Obama Needs To Stop 'Intruding Into
Internal Life Of Church'... 'Betrayed'...
LAPD SETS UP DOMESTIC 'WAR ROOM'
WIRE: Foreclosure Deal to Spur Home Seizures...
Greece deal fails to convince, EU demands more...
Fresh wave of strikes...
2-8-12 Obama approval rating 'below historical reelction
standard'...
REPORT: Gov't Dependency Shoots Up 23%, Biggest Jump
Since Carter...
REICH: Obama Has Handed Election Over To Super
Rich...
International 'militarization' in Syria growing
closer...
China defends veto … {Really not necessary in light
of u.s., israel, eu irrationality } ...
POLAR ICE CAPS MELTING LESS THAN THOUGHT...
STUDY: Himalayas, nearby peaks lost no ice in past 10 years...
Scientists 'stunned'...
'I Feel Duped'...
2-7-12 Greece: 'There's no more left to cut'...
Lawmakers Protest Removal of 'GOD' reference from Air
Force Patch…[Yeah, I guess beyond propaganda that was just too much a stretch,
given their Godless activities in recent times! ]...
2-6-12 Greece takes step closer to default...
Europe's banks face challenge on capital...
Record global sales of junk bonds...
CHURCH VOWS WAR ON OBAMA
'FIGHT IN STREETS'
Lieutenant Colonel Breaks Ranks:
Pentagon painting false picture of
Afghan war...
'Military leaders have let us down'...
2-3-12 HAPPY DAYS ARE HERE AGAIN: Jobless Rate Falls to
Lowest in Three Years...
Nasdaq Hits 11-Year High as Stocks Roar...
OBAMA WARNS CONGRESS: 'DON'T MUCK IT UP'..
Romney: Obama DOES NOT Deserve Credit...
Record 1.2M FALL OUT Of Labor Force...
SANTELLI: Here's What's Wrong With Data...
Artist Depicts Obama Trampling The Constitution...
2-2-12 Cameron Fleeing America To Escape Collapse!!!!!?
Ahmadinejad calls for new world order...
Holder: I Knew Nothing About 'Fast and Furious'
Gun-Walking...
To Puerto Rican Rep: 'Wherever you're from'...
NYT loses $40million in 2011...
Woman Deported to Mexico; Feds Take Custody of Her
Four Children...
2-1-12 MASTER DIRECTOR JAMES CAMERON: I'M LEAVING USA!
[ This is a very big deal and a very ominous development regarding the usa,
such as it is. Mr. Cameron is extremely intelligent, very civilized, and an
historically great film maker / director. ]
US DEBT BALLOONS: $15,356,140,000,000...
El Centro, CA: 26.8% unemployment rate!
GALLUP: State polls predict huge Obama loss...
1-31-12 MITT 47% NEWT 32% RICK 13% RON 7%...
Full delegate count so far...
RUBIO: FL WINNER WILL BE NOMINEE...
Obama runs up another trillion-dollar
deficit...
CBO says real unemployment at 10%...
Federal taxes to jump 30% in 2 years...
SHOWDOWN: Issa threatens Eric Holder with contempt...
CA to run out of cash by early
March...
Soaring Beef Prices Force Shoppers To Find Other
Options...
Teacher On Leave For Telling Class White Students
Easier To Teach Than Blacks … [ Duh! Of course that’s true! Before you can
solve a problem, you must identify and acknowledge the problem! ] ...
Video of black teens savagely beating white boy
posted on FACEBOOK; gets 25 'likes' (probably by blacks) [ People must realize
that you will never change the uncivilized, less evolved nigger. White people
are self-destructively crazy to pretend and even try! ] ... [ http://www.albertpeia.com/whitesvictimizedbyblacks.htm , Black Serial Killers Not So Uncommon http://www.amren.com/news/news04/03/03/blackserial.html
]
VIDEO [EDITED]...
1-30-12 BUCHANAN: Reagan White House saw Newt 'political
opportunist... not trusted'...
HUNT: Gingrich May Be Trying to Win One From the
Gipper...
PALIN: 'Annoy A Liberal. Vote Newt!'
George Will: 'We're At The Horrid Stage'...
Gingrich: Romney 'Breathtakingly Dishonest'...
'Pro-abortion, pro gun-control, pro tax-increase'...
PREDICTS 5 MORE MONTHS OF THIS...
Hints Santorum should get out...
Romney Mocks Gingrich: 'Look in the mirror'...
POLLS, POLLS, POLLS...
GALLUPUSATODAY POLL OF SWING STATES:
Obama 47% Romney 48%
Obama 50% Paul 43%
Obama 51% Santorum 44%
Obama 54% Gingrich 40%
FRED DECLARES: Romney has 'DRUDGE in back pocket'… [
I think Fred’s wrong … I don’t think Romney has Drudge in his back pocket … I
think Drudge favors Romney for Anne Coulter whom he likes! ] ...
Rep. West Torches Obama, Reid, Pelosi: 'Get the Hell
Out of USA'...
GAFFE: Obama: 'We've created 22 3 million jobs'...
Investors face 70% loss in Greek deal...
China Buying Record Quantities of Gold...
-80F in Alaska! All-time USA record low temp almost
broken
but thermometer breaks!
1-27-12 TWITTER's new censorship plan rouses global furor...
USA falls to 47th in press freedom rankings...
PAPER: Pentagon Seeks Mightier Bomb vs. Iran...
1-26-12 REAL GDP COLLAPSE: 1.7% FOR YEAR
Bankrupt: Electric Car Firm Got $118.5 Million
Stimulus, Biden Visit...
ROMNEY: THE MOON CAN WAIT...
[ Newt
Gingrich promises to build a moon colony by 2020; make it a U.S. state Wow! Absolute proof that the slimy newt’s
not dealing with a full deck. Say anything? This takes the cake! The ‘idea
man’? Sure, all he needs is Aladdin’s lamp and infinite capital! Oh yeah,
reality nothwithstanding, nasa boondoggles sell well in Cape Canaveral, Florida
(and Houston, Texas). Note, he couldn’t just ‘go to the moon for the first
time’ (that fake video with the flag waving in the moon’s windy atmosphere yet
another example as on fraudulent wall street of that pervasively addictive
hopium) America’s debt woe is worse
than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ . How pathetic and desperate, that slimy newt! ]
NECK-FOR-NECK…[moon can wait, indeed; clearly a lucid
moment for Romney, yet when asked about the 2-state solution, like a gumball
machine he regurgitates the neocon/israeli line that the Palestinians want to
eliminate israel when the truth is that the converse precedes and is truer;
that is, that israel wants to eliminate palestinians and has with american fed
military might acted accordingly…typical, total hogwash!]...
Ron Paul: Diplomatic relations with Cuba...
Gingrich jab at debate moderator deflected...
NYT: DRUDGE slammed for Anti-Gingrich Assault...
KURTZ: DRUDGE 'has never been part of any
establishment' [ I’d say that’s a good thing and more reason to as I make
Drudge a daily read! ]...
PUTIN: USA WANTS TO CONTROL EVERYTHING...
1-25-12 NEWT FLASHBACK: REAGAN WAS RESPONSIBLE FOR NATIONAL
'DECAY'...
'The Reagan administration has failed, is failing,
and without a dramatic change in strategy will continue to fail... President
Reagan is clearly failing'...
INSIDER: GINGRICH REPEATEDLY INSULTED REAGAN
NEWT SLAMMED SENATE REPUBLICAN LEADER DOLE: 'THE TAX
COLLECTOR FOR THE WELFARE STATE'...
R. EMMETT TYRRELL: William Jefferson Gingrich...
COULTER: RE-ELECT OBAMA: VOTE NEWT!...
'Conservatives should not be surprised by scandals
that lie ahead'...
What Reagan Thought of Newt -- Excerpt from The
Reagan Diaries...
State of the Union Ratings Down 12%...
Obama's Lowest...
MERKEL CASTS DOUBT ON SAVING GREECE FROM MELTDOWN...
Portuguese bonds hit as traders fear default...
Soros Warns Of Dark Times...
Iran threatens to act first on EU embargo...
Tehran could block oil exports...
Iran-China trade soars...
OBAMA HAS HEATED ARGUMENT WITH AZ GOV.... DEVELOPING...
Flashback: President Gave Same Treatment to Jindal...
1-24-12 BRUINS GOALIE SNUBS OBAMA...
CURL: The Truly Dismal State of the Union...
PELOSI THREAT: NEWT WON'T BE PRESIDENT
'THERE IS SOMETHING I KNOW'
Rubio Defends Romney From Gingrich Attack...
GETTING OUT: 1,000+ Americans ditched their
citizenship over taxes...
Buffett would profit from Keystone oil cancellation...
Billionaire's secretary to sit in first
lady's box for State of Union address...
'Couldn't Sleep'...
Boehner invites pipeline workers...
Obamanomics: Price Of Gas +83%, Ground Beef +24%,
Bacon +22%...
DETAILS: Daniels Blasts 'Extremism' in Response...
Romney gave 15% to charity; Obama 1%...
Biden gave $369...
Post Office 'Needs to Cut 260,000 Jobs'...
Rand Paul refuses patdown...
'I was BARKED AT: 'Do not leave the cubicle!'...
'Police state growing out of control'...
On way to Senate, March For Life...
Constitution: 'Privileged From Arrest'...
'HOMELAND' DETAINS U.S. SENATOR
WHITE HOUSE SIDES WITH TSA
OBAMASCARE: Supremes refuse to
consider Kagan recusal...
MITT FIRE: SPEAKER NEWT 'RESIGNED IN DISGRACE'...
Calls Gingrich 'Highly Erratic'...
'It's an October surprise every day'...
PAWLENTY: OBAMA WOULD BEAT GINGRICH...
NEWT EATS THE PRESS...
Coulter: SC Voters Rather Have Snotty Remarks Toward
Obama Than Win...
953 dead people voted in SC?
Gingrich plans speech on space...
Romney: Gingrich 'failed leader,' 'disgrace'...
Santorum sticks around and gives grief...
Dems still fixated on Romney...
FLASHBACK: Gingrich favored censoring web to fight
terror...
Obama signals State of Union a campaign rallying
call...
Ombudsman to WASH POST: Hit Obama Harder...
DEFIANT: Greece presses EU to ease Iran oil
sanctions...
Flaming-horned bull fatally gores man in Spain...
CYBER WAR: Feds SHUT DOWN file-sharing website; No
trial, no due process...
'This is just the beginning'...
'Anonymous' Goes on Revenge Spree ...
DoJ, RIAA, MPAA, and UNIVERSAL MUSIC All Offline...
GOOGLE Already Using SOPA-Like Censorship...
Republicans stand together to oppose 'piracy' law...
Canada Pledges to Sell Oil to Asia After Obama
Rejects Keystone Pipeline...
China gets jump on U.S. for Brazil's oil...
DEFIANT: Greece presses EU to ease Iran oil
sanctions...
Final hours...
Romney Pushes Gingrich to Disclose Ethics-Probe
Details...
NEWT'S PUBLIC CLASH WITH REPORTERS -- DIFFERS FROM
PRIVATE...
Chuck Norris endorses Gingrich!
Livingston: 'Newt is Volatile'...
NETWORK SOURCE:
Newt Cancels ABC's THIS WEEK For Sunday... Developing...
Romney sings Happy Birthday to SC gov....
Insiders coalescing...
5 MILLION WATCH CNN DEBATE [6.2 MILLION MTV 'JERSEY
SHORE', 18 MILLION 'AMERICAN IDOL']...
Santorum: SC is NOT end of line...
PAPER: 'America hates Newt Gingrich'...
Citadel Cadets Differ on Republican Favorite...
POLL: Romney, Ron Paul Tie Obama...
German Deputy: S&P Downgrade Part of American
'War Against Euro' … [ Well, it’s about time someone acknowledged the reality
of what’s been going on; which of course brings into focus the absolute
stupidity attendant to europe’s ‘go along to get along’ policies vis-à-vis
america which depite obfuscation is far more bankrupt than europe and far more
desperate. It could have been totally different for europe. ] ...
HANDS OFF THE INTERNET!
LAWMAKERS RETREAT FROM 'ANTI-PIRACY' BILL...
Rubio Withdraws Support...
'Could Have Many Unintended
Consequences'...
DNC chair supports...
Treasury dips into pension funds to avoid debt...
Obama kills Keystone pipeline; Blames Republicans...
Says more jobs in jobless benefits...
GOP calls Hillary to testify...
AP: ABC TO AIR THURSDAY NIGHT...
GINGRICH DAUGHTERS: 'The failure of a marriage is
terrible and emotional experience'...
NEWT EX-WIFE UNLOADS
Wed Jan 18 2012
Marianne Gingrich has said she could end her ex-husband's career with a single
interview… UPDATE: The AP reports ABC is now likely to air the
segment Thursday on NIGHTLINE.
Russia warns strike on Iran would be 'catastrophe'...
FITCH: Greece to Default, 'Will Be Orderly'...
Portugal moves into default territory...
FDIC Requires Big Banks to Have Breakup Plan...
FOREIGN COMPANY BUYS U.S. ELECTION RESULTS REPORTING
FIRM...
GLOBAL REPORTING RAISES ALARMS...
WILL RETURN LOST DRONE -- A MINIATURE PINK PLASTIC ONE...
Russian State TV bashes new U.S. ambassador...
CHICAGOLAND: Video Of Teen Beaten By 7 Thugs YOUTUBE...
Man Fatally Beaten Steps Away From Liberty Bell In
Philly…
All Four Wheels Stolen From Cars At Dealership...
new york…police officers are
investigating a rash of
tire and rim thefts that leave victims with their cars on piles of
bricks. Last week, five cars parked in front of private homes were
hit…comment: Happens all the time in Maryland. [ Much worse happens all the
time in pervasively corrupt/defacto bankrupt, meaningfully lawless america,
home of the brave … criminals and mentally ill! http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall
Street accountable for the meltdown. America
Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s
Blog ]
BUST: Another Gov't-funded solar company lays off
most of staff...
La dégradation: S&P Cuts Credit Ratings for NINE EU Nations...
Friday 13th Shakes Europe...
France stripped...
POLITIZAP: Sarkozy braced for impact...
Italy tumbles...
Austria Loses...
Germany Spared...
BRINK: Banks Say No Deal on Greek...
LET'S GROOVE … [
ALEXANDRIA,
Va. (AP) —
They called it “random dancing” but First Lady Michelle Obama broke out some
moves that resembled subdued variations of “the Monkey” or “the Jerk” Friday
during an appearance at a northern Virginia high school… (she’s comfortable with
the monkey / jerk) ] ... [ see http://www.albertpeia.com/chimpodoinmonkeyjerk.htm ]
'Dance Party For Obama'...
MAG: Mossad agents posed as CIA in operation… [ "It's amazing what the Israelis thought they
could get away with," a US intelligence officer told Foreign Policy.
"Their recruitment activities were nearly in the open. They apparently
didn't give a damn what we thought," said the official. ]...
Iranians chant 'Death to America' at funeral for
nuclear scientist...
Defiant Ahmadinejad wins backing of Latin American
allies...
'HOMELAND SECURITY' MONITORING DRUDGE
'WILL RETAIN INFORMATION' (How totally
pathetic, incompetent, and paranoid they are!)
BELAFONTE: OBAMA LACKS 'MORAL COMPASS'...
HOLDER ENDORSES OBAMA POWER GRAB...
Labor board holds 'meet and greet' for appointees
that by-passed Senate...
UPDATE: Retail sales fail to hit forecasts...
'Worst Economic Recovery Since Great Depression'...
GONNA NEED ANOTHER TRILLION...
Debt Nears $15,194,000,000,000.00 Ceiling..
[http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/2012_presidential_matchups
, Election 2012: Generic
Republican 47%, Obama 43% , Election 2012: Obama 44%, Romney 41% ,
Wednesday, January 11, 2012 -The Rasmussen Reports daily Presidential Tracking
Poll for Wednesday shows that 22% of the nation's voters Strongly Approve of
the way that Barack Obama is performing his role as president. Thirty-nine
percent (39%) Strongly Disapprove, giving Obama a Presidential Approval Index
rating of -17 ]
Abandoned Baby Found in 'Occupy DC' Tent...
Greek children 'dumped in streets' as parents
struggle...
TENSIONS RISE: AHMADINEJAD TOURS CUBA...
Pentagon moves carriers, denies Iran link...
Nuke Scientist Assassinated...
Third Killed...
USA presses China over Iran oil imports...
Jolie 'disappointment' in Obama...
38,000 Farmers, Ranchers Sue Corzine Over Missing
Million$...
NH RESULTS: MITT 39% RON 23% JON 17% NEWT 10% RICK
9%...
Ron Paul To Everyone But Romney: Drop Out...
UPDATE: Pat Buchanan suspended indefinitely by
MSNBC…[This is a tragedy typical of the left; to silence the staight-shootin’,
perspicacious Buchanan, censor the internet/speech, arrest/detain americans
without charge/constitutional protections, etc... Beck said that President Obama had “a deep seated
hatred for white people.”The group similarly succeeded in a campaign to have
conservative website mogul Andrew Breitbart banned from the
front page of The Huffington Post, after Breitbart called the
organization’s co-founder Van Jones a “cop killer-supporting, racist, demagogic
freak. And a commie. And an eco-fraudster.”…’]
White House threw secret 'ALICE IN
WONDERLAND' bash...
'Punch served in blood vials'...
WH 'covered up'...
Officials 'nervous about how splashy party would look
to jobless Americans'...
WH: 'You can't believe everything you read in books
these days'...
BYE BYE...
FLASHBACK: Daley planned to leave AFTER election...
Michelle (the repulsive, chimpish black) distressed
about power of 'white Irish Catholic'...
New Obama Chief of Staff: Former Hedge Fund Exec at
CITI, Made Money off Mortgage Defaults...
Castro: 'Robot' better than Obama, Republicans...
KODAK Preparing for Chapter 11 bankruptcy...
CEO on Obama's Jobs Council...
BOEING To Lay Off More Than 2,100 Workers At Wichita
Plant...
L.A. arson wave grows to 40 fires; most since 1992
riots...
UPDATE: 16 new arson fires around LA...
Italian president urges sacrifices to save economy...
Sarkozy: France's future hangs in balance in 2012...
Greeks must avert economic collapse, euro exit...
PAPER: Loss of faith in politicians, democracy could
make '12 most frightening year in living memory...
REPORT: OBAMA SPEEDS UP IMMIGRATION VISAS EVEN IF
FRAUD IS SUSPECTED...
New laws take effect -- 40,000 of them! [ Arbitrarily enforced if at all – a
nation of ‘lawslessness’ – what a bunch of frauds! See here - http://albertpeia.com/fbimartinezcongallard.htm , http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf , http://albertpeia.com/40piecesevidenceusdecline.htm , http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm !
Motorcycles, Bicycles Allowed to Run Red Lights...
Michelle Obama Jokes: 'I Kind Of Like' Being Called
Your Excellency [… yeah, kind of like in a ‘SubSaharan africa / Planet of the
Apes’ kind of way… I find her wobamish jive-talking and chimpish look repulsive
… what a fallen nation! ] ...
Cat survives 2 euthanasia attempts at shelter...
Christian University Sues Federal Government Over
Obamacare...
AS IOWA TURNS: NEWT WEEPS [ Slimy newt’s
muskie moment! ]
Floats Palin for VP...
Kills Chapter on 'Climate Change' in Upcoming Book...
On $4M Vacation, Michelle Seeks $3 From Backers...
Christie: 'After Three Years Of Obama, We Are
Hopeless And Changeless'...
Just 55% Between 16 and 29 Have Jobs...
Dow Logs Gain in Volatile Year; S&P Ends Flat...
Flurry of Trades in Final Seconds Snatched Away 2011
Advance...
Gold Ends Year Up 10%...
Euro ends year as world's worst performing
currency...
NERVES: 'Flash Crash' Threatens to Return With a Vengeance...
Women (blacks) trade punches over Air Jordans...
Pandemonium as shoppers race for shoes...
Cops pepper spray mob (of blacks) ...
Brawl...
Gunfire...
They Can't Wait, They (blacks) Break Into The Mall...
SEASON'S BEATINGS!
GALLUP: OBAMA HEADS TO HOLIDAY WITH 44% APPROVE...
OBAMA: 'There is a laziness in me' …(Indeed there is,
no need to remind us) ...
2011 likely worst year for house sales on record,
dating back to 1963...
Brazil's Economy Overtakes Britain As Sixth
Largest...
French unemployment at 12-year high...
REPORT: Internet censor bill would target political
websites...
Oil price climbs amid Iranian threat...
Vows to stop Gulf oil if sanctions widened...
I NEED ANOTHER $1.2 TRILLION…[so says ‘wobama the b
for b***s***’ of defacto bankrupt america]...
Cuomo wants casino in New York City…[ Sure … save the
mob that sometimes inconvenient (and costly ‘cut’) ‘trip’ to atlantic city,
n.j. with the laundered (drug, etc.) loot / money … what would you expect from
a typical n.y./n.j. guinea ] ...
Pelosi Slips Quietly into Hawaii Resort; $10,000 a
night suite...
REPORT: Pelosi wants to retire -- says daughter [
must be miffed about that ‘no pay raise’ this year ] ...
Paul gets front-runner's welcome...
MICHELLE SPORTS $2K SUN DRESS...
MCDONALD'S Offers Free Coffee During Tough Economic
Times...
STOCKS TURN NEG FOR YEAR...
Russia scolds United States for human rights abuse...
MELEE AT MALL OF AMERICA...
Man beaten by robbers -- who stole new Air Jordan
sneakers off his feet!...
Hundreds of Teens Run Wild After Rumors That Rappers
'Lil Wayne, Drake Are There...
VIDEO: Mayhem, Screams...
California
soldier shot at his homecoming party [ From one war zone to
another! ]
Islamists
kill dozens in Nigeria Christmas bombs [ Blacks’ black Christmas!
Typical! ]
For
‘self-defeating / self-destructive’ ‘political correctness’ or otherwise, I
believe the under-profiled black serial killer is also the consequence of their
proclivity for and love of killing, random, wanton savagery for no reason other
than for the sake of killing (as, ie., rabid dogs, which distinguishes them
from and positions them below other feral beasts) and otherwise, and an
historic predisposition toward canabalism. After all, the contra-indicated
mainstream ‘politically correct’ view (tv and otherwise) calls for a white perp
in terms of ‘profile’ which is of course, ridiculous. I believe the
under-reporting is owing to multiple killings by blacks being classified as
something other than ‘serial’; ie., gang, gang related, ‘typical’, etc..
Moreover, the anti-white bias of the black perps is also a reality that’s
under-reported. Take a look at the following brutally uncivilized black on
white violent rapes/murders:
http://www.albertpeia.com/whitesvictimizedbyblacks.htm
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...
Oil price near $100 on global security concerns...
Investors Lose Faith in Stocks As Billions Pour Out of Funds...
DANGER: Fed asks banks to keep more cash at hand...
IMF: World economy at a 'very dangerous juncture'...
90 Congressmen have 'no confidence' in Eric Holder,
say he should resign...
HAPPY HOLIDAYS: USA DEBT NOW $15,123,841,000,000!
Russia and US clash over NATO bombing probe...
UNITED
NATIONS (AP) -- Russia urged the U.N. Security Council on Thursday to
investigate civilian deaths in Libya from NATO's bombing campaign…
Matt Damon rips Obama again (abc’s ‘coco duo, rob mo
and sunny ho disapproved’ of Matt’s rather tame but forthright criticism of
failed president ‘wobama the b for b***s***’ for whom there is no legitimate
defense!)...
Chavez: Obama a 'clown' president...
'Lectures us on eating right'...
Local Cops Ready for War With DHS-Funded Military
Weapons...
Armored cars with turrets, drones, military-grade
assault rifles...
REPORT: Chevy Volt Costing Taxpayers Up to $250K Per
Vehicle...
CAVUTO: Volt sales inflated with taxpayer fleet buys...
FED-EX guy chucks package over fence -- a computer
monitor! [ I had a similar experience with fed-ex and the computer
delivered didn’t work at all ]
UK's AAA credit rating threatened by 'formidable
challenges'...
'Miracle' if France keeps it...
IOWA GOV: IGNORE PAUL WIN...
VOTE WILL BE HACKED!
Chavez: Obama a 'clown' president...[ …“Mr. Obama decided to attack us,” Chávez said. “Now
you want to win votes by attacking Venezuela. Don’t be irresponsible. You are a
clown, a clown. Leave us in peace … Go after your votes by fulfilling that
which you promised your people. Focus on governing your country, which you’ve
turned into a disaster,” Chávez said, according to The Guardian…’ Read more: http://www.politico.com/news/stories/1211/70694.html#ixzz1hA7JMS1q ]
PELOSI: Extending Unemployment Benefits Will Create
600,000 Jobs...
Cybersecurity bill would establish 'federal big
brother'...
Internet architects oppose US online piracy bills..
France's AAA Outlook Cut as FITCH Reviews Ratings of
Italy, Spain, Belgium...
Most stock funds post losses this year...
Gingrich: Send US marshals to arrest
judges who defy Congressional subpoenas...
DANGER: BANK OF AMERICA shares close below $5...
Ron Paul Warns Martial Law Being Established in
USA...
Missing $4,155? It Went Into Your Gas Tank This Year…[ and into wall
street pockets courtesy of the fed’s over-printed Weimar dollars for QE’s,
etc.]...
PAPER: GOP will take off gloves if Paul wins IA...
FEAR: IOWA VOTE WILL BE HACKED!
Frantic Bachmann 'everywhere' -- 13 stops in 1 day!
Widespread Obesity Forces Coast Guard to Lower Max
Number of People on Ferries…[ Wow! ]...
US Capitol Christmas Tree Honors Obama, Not Jesus Or
Christmas...
Fears over French credit downgrade...
China villagers threaten to march on government
offices...
Communist party tested...
FLASHBACK: Hillary says 'Free internet from political
control'...
Jews still try to segregate Israel buses... By AMY TEIBEL [Yeah … they’re anti-women,
anti-gentile, and … no surprise to me , they’re anti-semitic … you heard it …
anti-semites … Arabs are semites! Could you imagine if such a thing happened to
a jew or a black in america? You’d never here the end of it! ] JERUSALEM (AP)
-- Israel's political leaders and chief rabbis on Sunday condemned persistent
efforts by ultra-Orthodox Jewish men to shunt Israeli women to the back of
public buses, a year after the country's Supreme Court outlawed the
practice.The outcry came in reaction to an Israeli woman's experience of being
asked to move to the back of a bus, which was
Facebook and became a cause celebre in the Israeli media on Sunday. The
case even drew public comment from Prime Minister Benjamin Netanyahu, who
deplored gender segregation.Ultra-Orthodox Jews, who make up about 10 percent
of Israel's population of 7.6 million, have become increasingly aggressive in
their efforts to impose their norms in public spaces. The ultra-Orthodox have
segregated bus lines and some walkways in their neighborhoods.In Jerusalem,
billboards depicting women have become a rarity because ultra-Orthodox vandals
rip them down. The issue also has seeped into the military, where religious
soldiers walked out of a military event several months ago because women were
singing - which extremely devout Jews believe is contrary to Jewish law.In the
past, ultra-Orthodox Jews have confined their strict practices to their own
neighborhoods, alongside occasional attempts to pass restrictive legislation banning
sale of pork or opening shops on the Jewish Sabbath.Recently the extremist Jews
have been trying to impose their norms outside their own enclaves, but the
effects are scattered. Most of Israel's secular majority is not directly
affected.The Supreme Court was forced to wade into the controversy last year,
when it ruled on the segregated buses and sidewalks. Although activists say
harassment on buses has diminished since the court ruling late last year, some
fiercely devout are persisting with their efforts to block the mixing of the
sexes in public.Tanya Rosenblit, a 28-year-old woman from the southern town of
Ashdod, discovered this last Friday, when she boarded a bus to an Orthodox
neighborhood in Jerusalem. Shortly after she sat down behind the driver, a man
wearing the black garb and flowing sidelocks of the ultra-Orthodox boarded the
bus and asked her to move. She refused, and the man then blocked the bus from
driving, she told The Associated Press. She held her ground - even after a male
police officer dispatched to the scene asked her if she was "willing to
respect them and move to the back," she said….’
McQueary: I saw Sandusky molesting boy...
I TOLD PATERNO...
15 EU Nations Placed on Negative Credit Watch...
Huntsman: Trump debate 'is a
joke’ [ Yeah! He’s got that exactly right … after all, what can you expect from
the joker, trump … a joke of course, or worse! ]'
PERRY WON'T KISS THE RING
BACHMANN WILL NOT ATTEND
Obama celebrates Hanukkah at White House...
TWO WEEKS EARLY?
LIGHTS ALL THE CANDLES...
'We Never Need an Excuse For a Good Party'[
Riiiiight! There’s plenty to party about in america today, and room for extra
vacation time too! ]...
COMING SOON: AMERICANS IN GITMO...
Bill allows indefinite detention without trial...
Obama 'demanded law apply to U.S. citizens'...
Even Al Jazeera asks: 'How did we get here?'
US clears Iraqi airspace for Israeli
strike on Iran...
IRAQI OFFICIALS SKIP U.S. END-OF-WAR CEREMONY...
China trims holdings of US Treasury debt...
FORECAST: GLOOMY...
FITCH downgrades 8 global banks...
Crisis 'poses military risk'...
IMF chief warns over 1930s-style threats...
French leaders launch outspoken public attacks on
Britain...
PAPER: Obama's Watergate...
SHE CAN'T WAIT: MICHELLE TAKES OFF TO HAWAII...
ENTOURAGE OF MILITARY FLEET, LIMOS...
FLASHBACK: Obama exec order seeks to cut unnecessary
travel...
RADIOHOST SAVAGE OFFERS NEWT $1M TO GET OUT...
Glenn Beck: I'd consider Ron Paul as third party over
Newt...
Gary Busey Endorses Gingrich...
Congress considers bill to censor Internet...
'Free speech kill switch'...
Would 'criminalize' Internet...
'Communist China is model'...
MISSION ACCOMPLISHED: Panetta says 'we're winning' in
Afghanistan…[ Riiiiight! Sure … if national insolvency is the goal and standard
for victory. How pathetic … oh yeah, if
the americanized increased heroin trade is also a goal and standard; but, only
great for the select few war profiteers and not at all anywhere near helping
defacto bankrupt america and actually costs more to america / world societies
owing to the deleterious effects, consequences, costs of the scourge of this
hardcore, addictive narcotic! ]...
Senate Dems kill bill that would have
required balanced budget...
THREATEN CHRISTMAS GOV'T SHUTDOWN...
House defies Obama on payroll tax bill...
Paul rips Romney, Gingrich as 'from the same mold'...
AXELROD ON OBAMA, NEWT: 'The higher a monkey climbs
on pole, more you can see his butt'...
Dem lawmaker blasts Obama as arrogant, alienating...
MF Corzine back before Congress...
Denies 'misuse' of funds...
Employee: He Knew...
Companies blame unemployment on skills gap...
Lack of qualified workers, not
demand, cited...
EURO PLUNGES...
Euro Tumult Shows Netherlands Converging With Germany
at Expense of France...
ABC Debate Draws 7.6 Million; Most-Watched of Year...
PAPER: Fears persist American jobs crisis cannot be
fixed [They call it not fear, but reality!]...
Real unemployment rate at 11%...
Industrialized nations' borrowings to pass $10
trillion for year...
PANIC: BANK RUN IN LATVIA...
Butter shortage in Norway pushes price per pound to
nearly $500...
BELIEVE!
TEBOW DAZZLES NATION...
Dowd: We need faith like Tebow's in White House...
UP EURS...
UK eurosceptic press jubilant at veto...
Sarkozy 'snubs' Cameron handshake...
Worries grow over IMF loans...
Average Family Lost $21K in 6 Months Due To Property
Values, Stock Market...
Hill staffers tweet of partying, 'idiot boss'...
GOV'T MOTORS LAYS OFF WORKERS...
Lawmakers press Volt's safety...
Corzine 'stunned' cash can't be found...
Lying 'has to do with your state of mind' [ the’
holder view’ that loses hold of reality in those ethereal nether reaches of the
mind that precludes rationality’- nothing to see here says he, it’s all in his
mind … riiiiight! ] ...
Hundreds of NASA moon rocks missing! [
Yeah … the clearly petrified wood ones … fewer pieces of clear evidence that
THEY NEVER SET FOOT ON THE MOON! http://www.freerepublic.com/focus/f-chat/2325971/posts (you know … from all those trees on the moon
… from waving too hard in the breeze on the windy -NOT,no atmosphere- moon like
the american flag in the fake footage … what frauds!) ] Astronauts' tracks, trash seen in new moon photos
[ The easiest thing in the world to contrive (don’t forget they can with some
precision today send robotics to ie., mars, etc.) and doctor so don’t be taken
in by their fraudulent b***s***! They’re probably desperately looking for some
money / budgetary consideration for their continued boondoggles. No man has
ever set foot on the moon to date. As NASA transitions, U.S.
space politics in a state of flux
(Washington Post) [ U.S. space politics? I didn’t know there was such a
thing. But I, and I’m sure all know that ‘u.s. politics are spaced’. Flux? One
could only hope. I’d say, ‘fleeced’; as in we’ve all been fleeced. Sterner: 5 myths about NASA (Washington Post) [ If you can’t get past
the first myth; viz., that they actually set foot on the moon, the other 5
so-called myths become irrelevant. Indeed, post-Eisenhower, and certainly
post-Kennedy-assassination / coup d’etat, NASA was all military / military
industrial complex (moreover, someone knowledgeable about such matters said
essentially that in explaining to my surprise the transition to the shuttle
program it was said there was greater military application in same). In any
event, Russia’s been doing quite a bit of ‘heavy lifting’ vis-à-vis the space
station, but not inordinately so. All I can say with certainty is that the
universe beyond this solar system is forever protected / insulated. The fact
is, they never set foot on the moon; and, in light of the pervasive corruption
in and defacto bankruptcy of the nation, their perpetual wars toward making a
hell on earth militate against anything but trying to do even just a little bit
better (for a start), terrestrially. NASA wants mission to bring Martian rocks to Earth
(AP) Why? They already have that and more: Launch of secret US space ship
masks even more secret launch of new weapon The Militarization of Outer
Space: The Pentagon’s “Space Warriors” Global Research
| It’s not as if things aren’t bad enough right here on planet earth. Now the
Defense Department wants to up the stakes with new, destabilizing weapons
systems that will transform low- and high-earth orbit into another
“battlespace.” buzz aldrin wants to colonize Mars … Riiiiight
buzzed! Better check with DePalma to see if he already has the footage in the
can since you won’t be able to use the moon footage for the new boondoggle
video ... OBAMA SPEECH
OUTLINES PLANS FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS
LIKE A PLAN … FOR INNER SPACE (IMAGINATION). NASA's
New Asteroid Mission Could Save the Planet Space.com -
-
CAPE CANAVERAL, Fla. - President Barack Obama
set a lofty next goal this week for Americans in space: Visiting an asteroid by
2025. Obama's asteroid
goal: tougher, riskier than moon The Associated
Press Obama
calls for NASA to focus on trips to Mars and beyond Computerworld New Boondoggle promised to save NASA
boondoggle defacto bankrupt budget piece of pie. And don’t forget, Bruce Willis and
Ben Affleck, et als, have already done this so it’s not as if they’re starting
from ‘ground zero’, so to speak; and Brian DePalma already has ‘Mission to
Mars’ in the can, but beware say the producers of ‘Species II’ since Eve, the
cloned daughter of Sill, might want to mate with astronaut Paddy Ross who has
returned from Mars as a space alien host body. First
fake moonwalker blasts Obama's space plan msnbc.com -
- The first man to pretend to
walk on the moon blasted President Barack Obama's decision to cancel NASA's
back-to-the-moon program on Tuesday, saying that not going with the new movie
is “devastating” to america's boondoggle spaced out effort. Fake dutch 'moon rock' revealed a treasured piece at the
dutch national museum - a supposed moon rock from the first manned lunar
landing - is nothing more than petrified wood, ...bbc news bbc news | europe |
fake dutch 'moon rock' revealed prized moon rock a fake - a piece of moon rock
given to an overseas politician by the united states is actually a lump of
petrified wood, museum authorities revealed yesterday. http://www.freerepublic.com/focus/f-chat/2325971/posts ... 'Moon rock' in dutch museum is just
petrified wood aug 27, 2009 ... http://www.collectspace.com/ubb/Forum14/HTML/000770.html Fake moon rock at dutch national museum.
Rijksmuseum / ap. This rock, supposedly brought back from the moon by american
astronauts, http://www.usatoday.com/travel/destinations/2009-08-27-rijksmuseum-moon-rock_N.htm
, ... http://www.albertpeia.com/moonfraud.htm In reality it is just a piece of
petrified wood ... Another piece of evidence that shows again that apollo
program is indeed a fake and a typical american fraud! http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv
]
China's Hu urges navy to prepare for combat...
REPORT: NKorea making missile able to hit USA...
EURO 'EXPLOSION'...
German Politician: Downgrade Is American Plot...
MF: Corzine expected to plead the Fifth...
Third congressional panel to subpoena...
Dozens arrested in DC...
PAPER: Fed may give money to IMF to help euro zone...
IN ATHENS, BIDEN JOKES ABOUT BAILING OUT GREECE...
EURO DRAGS GERMANY DOWN
PELOSI: DIRT ON NEWT TO COME...
NEWT: 'Thank Pelosi for early Christmas gift'...
IRAN BRACES FOR WAR...
Mysterious blasts, slayings suggest covert efforts in
Iran...
REPORT: Iran Has Missing American Drone...
TRUMP: 'Take the oil![Not surprising from a typical
american mobster / thief!]'
REPORT: Bill Clinton collected $50k a
month from Corzine's MF GLOBAL...
REPORT: Pedophilia rampant in Hollywood...
'SOLD OUT!'
OBAMA: 'I'm going to need another term to finish the
job ( of ‘no-change-change’ - in his dreams )'...
OCCUPIERS TURN ON OBAMA
OBAMA LAWYERS: Americans legitimate targets in war on
terror...
Only executive branch, not courts, decides...
OBAMA COMPARED TO HITLER, STALIN IN NEW GUN COMPANY
AD...
THE (SLIMY) NEWT TO MEET THE (MOBSTER) DONALD...
(VO)MITT COURTS (WAR CRIMINAL/INCOMPETENT) GEORGE H.W.
BUSH...
Ron Paul Hits Gingrich for Hypocrisy…[Indeed! In
fact, Ron Paul, if not the nominee should run as 3rd Party / Independent Presidential Candidate! It’s time for pervasively
corrupt, defacto bankrupt america to get off the same well-worn path of
ineluctable decline and failure! ]...
DoJ makes 'rare exception' to explain deception...
Withdraws inaccurate letter it sent to Congress...
Docs raise more questions about Fast & Furious...
Issa says Holder ouster is up to White House...
FRIDAY NIGHT DOCUMENT DUMP
OBAMA OFF TO HAWAII FOR 17-DAY VACAY...
HO HO HO: UNEMPLOY RATE 8.6%...
315,000 Americans leave work force...
YESTERDAY: Jobless claims top 400K...
House Ethics Committee extends probe into Rep. Jesse
Jackson Jr....
Romney
visits former President George H.W. Bush [ How totally pathetic! How
desperately pathetic romney the flip-flop is! ]
TWIN 'PLAYBOY' PLAYMATES: OBAMA ABANDONED THE
HORSES... Horses could
soon be slaughtered for meat in US Horses could soon be butchered in the U.S. for human
consumption after Congress quietly lifted a 5-year-old ban on funding horse
meat inspections, and activists say slaughterhouses could be up and running...{
Another ‘bullish’ sign for pervasively corrupt, defacto bankrupt America. ‘Soylent
green’ just around the corner? [Things are looking very, very ominous: A good business for a bad
economy Firms that keep foreclosed homes clean and secure are
flourishing in these tough financial times.
(Washington Post) [ See … there you go … great times for the american
optimist … who sees an opportunity in every calamity, the rainbow beyond every
cloud, the glass half-full, etc.. Whew, close call … and we thought times were
tough … and just when we thought everything’s now comin’ up roses, we find out
that that ‘glue factory’ we thought was for horses is really a ‘soylent green’
(of the compelling film of the same name) factory. Ah, just kidding; but, the
times are getting eerily sordid and desperate and there’ll be no real relief
from the onslaught of reality prospectively. It’s really that bad in futuro. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock Zero Hedge October 17,
2011 http://www.economist.com/content/global_debt_clock
FED GOOSES MARKETS...
TEAMS UP WITH CENTRAL BANKS...
MERELY 'BUYS TIME' FOR EUROZONE...
PENN STATE SUIT ALLEGES MORE THAN 100 INSTANCES OF
ABUSE...
Latest accuser says Sandusky threatened to hurt boy's
family if he reported...
University purchases .xxx Internet domains to block usage
by the porn industry...
As Home Prices Sink, Home Ownership Heads to New Lows...
AMR/american airlines BANKRUPT...
Stock drops 85% to 20 cents a share...
BUSINESSES PLAN FOR END OF EURO...
Eurozone Looks to IMF For Rescue...
Finance Ministers Turn to Radical Ideas...
Approve $11 Billion Loan For Greece...
Germany told it must act to save Europe…[ Who’s goin’
to save Germany? ]...
Impassioned plea for continent to avoid 'apocalypse'...
Warned of 'highly devastating outcomes'...
Just days until collapse?
Deadly NATO airstrikes 'lasted over an hour'...
US image in Pakistan 'worst ever'...
NYT: Obama campaign set to abandon white working
class…[Yeah … in favor of, ie., those drugged up ‘workers’ in detroit who were
recently exposed in a mainstream investigative report and typifiy the why,
along with costs, that jobs have left u.s., etc.]...
Troubled Maxine Waters set to take over on powerful
committee...
PAKISTAN: 24 troops killed in NATO helicopter
attack...
RETALIATE: Pak shuts routes into Afghanistan...
Orders drone base closed...
PAKISTAN CUTS US SUPPLY LINES
Burn effigy of Obama...
ULTIMATUM: GET OUT...
NATO braces for reprisals...
AFGHANS: They fired at us...
PAKISTAN ENRAGED
Britain draws up emergency plans for collapse of
Euro...
IMF drafting $800 billion bailout
plan for Italy, Spain...
REPORT: FRANCE, GERMANY PREPARE TO TAKE DRASTIC
MEASURES...
NYT: Time runs short...
Banks brace for breakup of euro...
Cornel West: Ultimate Fight For Entitlements Will Be
In 'The Streets'...
RIOTS WARNED...
BLACK AND BLUE FRIDAY… [Come on! These so-called
‘record sales’ a function of greater numbers of store ‘early opening’
desperation, discounting, credit card spending despite falling income, etc.,
hype and then there’s the hangover as in previous / ongoing crisis to come. ]
...
Woman pepper sprays other Black Friday shoppers 'to
gain an upper hand'...
'Girls Punching Each Other' Over Yoga Pants Sale at
Victoria's Secret...
VIDEO: Mayhem over
$2 waffle maker...
NC police use pepper spray to break up melee...
Obama hits the links again... [Itchin’ for permanent vacation!]
Shoots hoops, takes in a game...
Medvedev Warns: Russia may target US missile sites...
INVESTORS SHUN GERMAN BOND SALE...
Euro on 'Death Watch'...
Black Friday Spending Flat...
Obama hits the links again...
NO THANKS! WORST SINCE 1932
IRAN CLAIMS ARREST OF 12 CIA AGENTS
U.S. ranks 25th in life expectancy -- lower than
Chile and Greece...
WALL STREET SERVES MORE TURKEY…[Actually, it’s their fraud and b***s***
catching up with reality]...
MESS SPREADS TO BERLIN...
NATO airstrike kills 6 children in Afghanistan...
Triple bombings in Iraq kill 19...
'Vigilantes' on the prowl...
REPORT: Latest Sandusky accuser a family member...
DEBATE NUMBER 11...
Sparks Fly...
Ron Paul: Patriot Act Is 'Unpatriotic'...
ROMNEY PROMISES FIRST TRIP AS PRESIDENT WILL BE TO
ISRAEL…[romney just gets more and more desperately pathetic!]...
Gingrich: Cutting off gasoline would contain Iran...
Contenders square off on immigration...
WIRE WRAP...
PAUL'S TIME TO RISE!?
Obama pal Rezko gets 10 years in jail...
NASCAR Crowd Boos Michelle.. [Never a previous fan (that round and round and
round– but I do like the flats in horse-racing - Go Big Red {‘Secretariat’, a
terrific film} ), I think I’m going to change my mind in light of the fans’
display of good taste!]
White House plans celebration of 'country music'...
Gingrich to Occupy Wall St: 'Go get job right after
you take a bath'...[National response to slimy newt: go get a real
job right after you take a bath]
Israel; 'Time has come' to act on Iran...
[Time for the world to act on illegal nuke totin’, war crimes nation israel]
Iran conducts 4-day air defense drill...
Israel shuts down dovish radio station...
TRUMP(Mobster in Chief?): I MIGHT
STILL RUN (In his Dreams – Those Fuher Hitler tapes he ‘religiously’ listened
to have inspired him)!
Releases financial disclosure statement...
SUPERFAILURE
Slimy newt says: I'm the best b***s***artist...
WIRE: Ron Paul gaining traction...
NEWT: I'm no Bill Clinton …[Yeah, hypocrite, he’s
worse, that very slimy newt] ...
Looking for budget cuts, Congress bickers over what
'defense' means...
European missile defense shield on the chopping
block...
Police clash with protesters in Tahrir Square over
military rule...
ARAB FALL: PROTESTS RAGE IN CAIRO...
HERE WE GO AGAIN: Britain in secret talks with Syrian
'rebels'...
Clinton says there could be civil war...
Russia warships to enter Syria waters...
LAWSUIT: Man fired for not wearing '666' sticker at
work…[He should be reinstated and receive damages!]...
IT TURNS BLOODY...
Fury At Sinking Economies Drives Global Demos...
GE filed 57k-page tax return; paid no taxes on $14b
in profits...
SHOCK POLL IOWA: GINGRICH 32% ROMNEY 19% CAIN 13%… {
How pathetic and downright stupid americans have become. gingrich is as big a
b***s*** artist as wobama and similarly has a scandal-ridden track record of
failure, including that inside ‘money for nothing’ deal with taxpayer drain
freddy’s fannie! But again, that’s no endorsement of anyone else. What a totally
lost in failure nation america’s become. }...
Sandusky interview prompts long-ago victims to
contact lawyer...
STUDY: Middle-class areas shrinking...
Banks in USA Facing 'Serious Risk' on Contagion From
Europe...
USA DEBT JUMPS TO $15 TRILLION...
Fed Now Largest Holder, Surpassing China...
Challenge to dollar's dominance 'within decade'...
OIL STARTS NEW SPIKE....
$102...
CNN POLL: Whites give president thumbs DOWN 61%-36%;
Non-White thumbs UP 67%-32%...[Oh come on. Let’s get real here.
Despite his blatant failure, ‘wobama the b for b***s***’ will still get 99.99
percent of the black vote. Forget them!]
Penn State coach says he stopped shower assault... ‘…McQueary was placed on administrative leave last
week after Penn State officials said he had received threats. According to the
grand jury report, the graduate assistant said he saw a boy, whose age he
estimated at 10 years old, "being subjected to anal intercourse" by a
naked Sandusky (according to u.s. forum posts sandusky is a polish jew whose
mother’s maiden name is fittingly ‘gross’ www.topix.com/forum/us/TM9KO1A74D6VPVFS7
) in a shower at the Penn State
football building in March 2002…’
Paterno in line for $554,000 annual pension...
SANDUSKY ADMITS TO SHOWERING...
NYT: 10 more accusers come forward...
SHOCK: Teacher Arrested For Masturbating Behind
Podium During Class...[inherently criminal, mentally ill americans
are perverse degenerates]
Trend forecaster Gerald Celente's gold account
emptied by MF GLOBAL...
'2 Bad Corzine didn't die in his car accident!'
ANGRY CUSTOMERS...
Saudi prince warns against any attack on Iran...
REPORT: Iran poised to choke oil supplies if hit by
Israel...
Ready to help Turkey with nuclear plant...
Oil price again flirting with $100...
Post office near default? [So what! Let UPS take over
the poorly managed, unreliable usps.]…
Losses mount to $5.1B...
OBAMACARE TO SUPREMES...
5 1/2 HOURS: High Court to Rule on Obama's mandate...
26 States Want Entire Law Struck Down...
Decision 4 Months Before Election Day...
Justice Kagan called to recuse
herself...
DAN RATHER: '(gingrich) Dangerous as a wounded
wolverine'...
Obama: America's 'Been A Little Bit Lazy'…[like their
vacation-prone potus]...
SOME DEMS REFUSE TO BACK OBAMA...
Bachmann Campaign Accuses CBSNEWS of Bias... Ron Paul Gets 89
Seconds To Speak In CBS Debate Paul Joseph Watson | Leaked email to
Bachmann campaign indicates decision to limit air time for certain candidates
was deliberate CBS News policy. [ It’s really quite amazing that retreads, such
as the already failed, scandal-ridden slimy newt gingrich (much of america’s
current failure had it’s genesis in policies initiated / supported by gingrich;
ie., protection from RICO liability for the frauds on wall street, etc.) based
on his mere adherence to that which is required of the ‘israeli amen corner’ on
capital hill (as pointed out by the perspicacious Pat Buchanan), despite bringing
america down thereby, is the shibboleth by which all candidates are being
measured. Quite amazingly self-defeating, destructive, and self-destructive for
america particularly and the world generally. That’s why cbs is cbs (for
cb***s***). Given america’s intractable decline, it’s really quite amazing.
But, as we’ve seen, pervasively corrupt, defacto bankrupt america is now
fatally beyond shame. Nothing succeeds quite like failure in america; where
crime pays and pays well. ]
CHICAGOLAND: Thug punches out older man on train
platform... http://www.nbcchicago.com/news/local/Teen-Punching-Man-at-CTA-Stop-Caught-on-Tape-133703583.html?dr
[ Typical niggers! Crowd Laughs, Taunts: 'He knocked his ass out!' ]
UPDATE: PENTAGON WARNED TROOP REMAINS BEING DUMPED IN
LANDFILL...
PANETTA CAUGHT FLAT-FOOTED AGAIN...
ABRAMOFF: Congress Members Took Part in Insider Trading...
'THROW THEM ALL OUT'...
CHINA MOCKS US POLITICAL MODEL... { While
otherwise agreeing owing to america’s pervasive corruption and defacto
bankruptcy and my direct and continuing experience concerning same [ http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ,
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ] , in light of china’s communist
form of government which is total b*** s***, I’m compelled to say it’s american
greed, corruption, and policy errors ‘that’s made china’ in light of their
‘sweat-shop, jailhouse, excessively cheap prison labor’ which is the primary
reason for their economic success, coupled with a more rational approach to
geopolitics as compared with their irrational, inherently criminal american
counterparts. I’d also add to China’s credit that their work force is far more
diligent and reliable than that of america where ‘make shift jobs’ are viewed
an entitlement to a now ‘make-shift people’, however uneconomic. It’s the
pervasive corruption, really, in america, which in China is dealt with harshly,
but in america, is rewarded substantially. Crime pays and pays well in america,
and is protected by even more crime (bribery, quid pro quo, etc.) among mob
(including government) groups, which encourages even more crime (the highest
crime rates by far in the world). That pervasively corrupt, defacto bankrupt
america is a failed nation requires no clairvoyant prescience to discern.
China’s mocking of america is well-deserved and comports with reality. Quite
simply, america’s done! That’s reality! }
'David Axelrod's pattern of sexual misbehavior'...
Panetta Warns Defense Cuts Could Lead to Attack on
USA [ Typical incompetent guinea from … california … wow! Look at the
pelosi/panetta/boxer/feinstein once great state of california now … horrendous,
but substantially better than those corrupt guinea/mafia strongholds new
york/new jersey (italian dog-pack mentality). Haven’t their tenures coincided
with america’s/california’s decline, with wobama the jive-talking race-card
black the coup de gras? america’s defacto bankrupt and all that that entails
and the concern should realistically be not attack from without but rather
coast to coast from within. The military industrial complex and war profiteers
have benefited exorbitantly with the likes of panetta and his ilk; yet the
likes of this incompetent boob would have never found a place in the
administration of the great but substantially underrated President General
Eisenhower, a man of honor and integrity! ( And the last legitimately elected
president since the JFK assassination/coup d’etat! ) ] ...
FANNIE MAE taps $7.8 billion more from Treasury, loss
widens...
60 MINUTES Expected to Air Investigation of Pelosi
Stock Investments...
MILITARY DUMPED REMAINS OF DEAD SERVICEMEN -- IN
LANDFILL… [ pervasively corrupt, defacto bankrupt america’s a nation without
honor – they’ll use and abuse you, even post mortem ] ...
Alabama county seeks to file biggest municipal
bankruptcy...
THE BIG BREAKUP...
Merkel Calls for 'New Europe'...
STOCKS PLUNGE ON FEAR...
Italy's Woes Signal 'Dangerous Phase' in Crisis...
'Contagion Spreading; They've Got to Stop This'...
Greek Unity Deal in Disarray...
THE FALL OF BERLUSCONI...
Humiliated in parliamentary vote...
French ready for pain as debt reality bites...
Victims Double In Penn State Case...
...Boys Raped In Showers
Car of Republican Philly Mayor Candidate Vandalized -- for the 10th Time! [ The ‘city of
brotherly love’ that loves the bros! I was recruited by Temple University, but
not seriously from my own perspective, infra; but, I had never seen a college
wrestling match, so I went along as invited. When we came out from the match,
the quiffy spike israel’s ‘little buddy’ jimmy fiore’s car was ‘sitting’ on its
rims, all four tires stolen, etc.. --- On Wed, 11/18/09, ethan lichtblau <[email protected]>
wrote:
From: ethan lichtblau <[email protected]>
Subject: Your NYU Wrestling Experience
To: [email protected]
Date: Wednesday, November 18, 2009, 11:39 AM
Hi Al,
I know of you from my old wrestling coach, Ron Pollack. I know that you
wrestled at NYU, and that you won the Met Championships. I am writing a
book about my own experiences in wrestling, judo, and ju jitsu. I
wrestled in the Met championships in 1984 when they were held at NYU, and I
remember seeing an old newspaper article they had on display that talked about
you winning the Mets in '72 or '73. You beat Pollack in the finals.
Pollack's coach was quoted in the article as saying
that Ron "gassed out", I'm assuming from nerves.
I am really interested in the phenomenon of "choking" in a
sports event due to being nervous. I was wondering if you had any
memories you could share about this particular match? I know it was
a long time ago, but if you do remember anything I would appreciate whatever
you could share.
Regards,
Ethan Lichtblau
Date: Wed,
18 Nov 2009 22:50:55 -0800
From: [email protected]
Subject: Re: Your NYU Wrestling Experience
To: [email protected]
Hello
Ethan:
The mother of one of our team mates worked with Ron Pollack's dad who kept
telling her how badly Ron Pollack was going to beat me (some others played him
up saying he consistently beat his team mate stu pruzansky by substantial
margins and other such things). In fact, he took an early lead with a take-down
that he was quite good at and I was looking for (something between a firemans'
carry and a barrel role)[1972]. However, by the end of the match, he was quite
haggard, in tears, and I actually had to hold him up on the podium. My tougher
match was the semi's where I met two-time defending Met Champion Ed Rufrano (he
got a special trophy for scoring the most team points
over a period of time). He was quite strong and although I won, I had slipped a
cervical disk (for which I ultimately needed traction - I couldn't even do a
push-up after a couple of days which is very humbling when one relies so much
on will-power). I had also beaten Ron in the finals of the Freshman Met Tournament. I was injured by the end of the season in
the two prior intervening years (interestingly, the neurologist for the
herniated disk pointed out that my bones were relatively small compared to my
musculature/body-mass). I was fortunate to have a great coach in Roger Saunders
(Roger and his brother Richard, a former CIA Agent/Mechanic, were both National
Champions). I couldn't imagine Roger saying one of his wrestlers "gassed
out", even if true. Ron certainly didn't "choke" in the first
period, if at all.
Regards,
Al Peia
______
From: ethan lichtblau <[email protected]>
Subject: RE: Your NYU Wrestling Experience
To: "Al Peia" <[email protected]>
Date: Thursday, November 19, 2009, 2:07 PM
I really appreciate your insights about this. I never got
a chance to speak to Ron about his own college wrestling days. I
only knew him when I was in high school, where he was coaching a bunch
of local high school wrestlers on a part time basis. He was
also helping out at his alma mater
(?FDU) assisting a guy he used to refer to as "Metz" or
"Metzy". By then he was a fairly un-assuming guy and never even
told me that he had taken a 2nd at the Mets when he was in college.
By the time I went off to NYU Ron had left town to go to chiropractic
school, and I don't think we ever saw each other again.
I now remember what struck me so much about that article that was posted
at NYU. It was accompanied by a picture of three guys on the
podium. You were holding Ron up and he was crying. It's really
a classic picture, even more so because unless you know
the "back" story you can only imagine what is going on in
the wrestler's heads at the moment the shot was taken. I saw this
picture once about 25 years ago and it still sticks in my head.
I was wondering if you could clarify: I am assuming your coach
was named Saunders. He wasn't the one who spoke of gassing out.
Like I said above, I thought Ron was coached at FDU by a guy he used to refer
to as "Metz". It was either Ron's coach (whoever he might
have been) or perhaps Ron himself that stated in the article that Ron
had "gassed out". I also remember now that there was some
suggestion that he had come down with a flu, which might explain his reaching a
state of exhaustion by the end of the match. Or perhaps you just kicked
his ass in in the last 2 periods.
Speaking of Stu Pruzanski, I never met him , but I knew his
brother Dave a bit. Dave owned a gym in the early '80's and our
Judo club used to work out there for a while. This was another guy who
never really told you much about himself. I only found out years later
that he once wrestled Gable to a tie. He was also the only guy
to ever win US National championships in
Judo, wrestling, and Sombo, all in the same year. (?1972). Years
later, maybe 1985 or so, he decided to make a comeback in Judo. He cut a
shit load of weight and ended up fighting me in the finals of a small regional
tournament. I beat him by decision, but really got no satisfaction
out of beating a guy who was so out of shape. Can't remember if this
was before or after one of his kids committed suicide.
Ethan
Date: Thu,
19 Nov 2009 23:49:19 -0800
From: [email protected]
Subject: RE: Your NYU Wrestling Experience
To: [email protected]
Roger Saunders was my coach at NYU and clearly, a great one at that, who
subsequently went to Bloomsburg where he was ultimately Athletic Director on
last info. Bob Metz had quite a few winning teams at FDU, but he was not
Saunders whose brother's wrestling success I alluded to so as to emphasize his
wrestling prowess as no fluke. The last I heard of Dave Pruzansky he was diving
out of a window of his house to evade police who had busted his drug-dealing
operation. As a wrestler he was no joke and you did well to beat him and are
too modest. I included reference to pruzansky because they developed a very
curious, bizarre, and almost gang-like mentality within their "wrestling
click". Upon information, many (if not all) of their clique "amped
up" on amphetamines before their matches. Very close to their clique was
the very weird and corrupt ref spike israel. The very quiffy spike israel had a
"little buddy" jim fiore and had recruited David and his little buddy
(among others) to Temple University to which he
had some connection, and actually attempted to recruit me to same. I didn't
take him seriously; firstly, because he told everyone he had been a state champ
(bull s**t); secondly, because he had screwed me in a high school match wherein
I had pinned leonard pruzanzky in the first period (I had him on his back
almost the entire first period and israel gave me no back points, 2 or 3 for
near fall, let alone the pin, and just the takedown and I lost by a point on
riding time-leg ride). In an open tournament (I think Stroudsburg?), I was
looking at the seedings/pairings/chart and David came up behind me pointed to
my entry and said to the guy he was with that I had beaten his brother leonard.
Roger required our team during one Christmas
break to compete in my first and only free-style tournament. I was up two
weight classes and David won quite handily. That was the third time I had
beaten Ron and frankly, I did grind him into the mat and kick his ass for the
late balance of the first period and the remainder of the match.
The
following is a reply on facebook to someone who said I beat him in wrestle-off
and
completes
my wrestling story.
Good luck
to you in all your endeavors.
Regards,
Al Peia
Howard:
Thank you
for your gracious and overly humble comment. Over time, such things become less
and less important and I can't say that I actually recall that, per se. As we
both know, wrestling was never a pleasant undertaking and although I
respect(ed) the sport, I made it a point never to set foot on a mat off season.
You may also find it somewhat ironic that I actually had made the basketball
team (Hubie Brown for whom I had high regard was
varsity coach and Richie Szura the J.V. coach), which sport I enjoyed; and in a
meeting arranged by Dan Deluca (I had won a tournament in junior high and the
match against the rival Thomas Jefferson Junior High) with Coach Szura wherein
Szura nicely but candidly told me that although I had made the team, "that
I wasn't the tallest of angels" (which I thought was very funny and we all
laughed) and essentially I'd be warming the bench while Deluca guaranteed me a varsity letter for wrestling the easy matches since
varsity wrestler Richard Zocco was having difficulty making weight (he never
made weight). As trite and cliched as it sounds, it was the varsity letter
guarantee that sealed the deal (and in my mind, the prospective "help with
the babes therefrom" - actually, it was only the pretty sophomores with
whom it ultimately paid dividends so to speak - how very high school). I had a
great Coach in Roger Saunders who recruited me to
NYU (Roger and his brother Richard, a former CIA agent/mechanic, were both
national champions). Wrestling has always been an important learning experience
for me. Such a kind and humble remark as yours deserved a greater explanation.
Al
______
From: ethan lichtblau <[email protected]>
Subject: RE: Your NYU Wrestling Experience
To: "Al Peia" <[email protected]>
Date: Monday, November 23, 2009, 5:30 AM
Truly,
thanks for all your info. Interesting that you should mention Spike Israel. I am assuming that the
word "quiffy" is code for "gay". Spike was coach
at Tenafly High when I was in high school, and
was known to "like boys". Apparently he taught the Tenafly guys
only one move, the Granby roll, which they
were all quite good at, but very little else. Besides Ron in the
early '70's and Steve and Dave Yale in the later '70's Tenafly basically had no
decent wrestlers during that period. Not really sure if this was a
coaching issue or recruiting issue. Our high school (DMHS in
Englewood) had former state champ Bob Hurley (Bergenfield) as our
assistant coach and former state runner up Reggie Williams (Hackensack)
as head coach, and we also fielded very few good wrestlers during those years.
Ethan
--- On Thu, 11/19/09, ethan lichtblau <[email protected]>
wrote:
From: ethan lichtblau <[email protected]>
Subject: RE: Your NYU Wrestling Experience
To: "Al Peia" <[email protected]>
Date: Thursday, November 19, 2009, 2:07 PM
I really appreciate your insights about this. I never got
a chance to speak to Ron about his own college wrestling days. I
only knew him when I was in high school, where he was coaching a bunch
of local high school wrestlers on a part time basis. He was
also helping out at his alma mater
(?FDU) assisting a guy he used to refer to as "Metz" or
"Metzy". By then he was a fairly un-assuming guy and never even
told me that he had taken a 2nd at the Mets when he was in college.
By the time I went off to NYU Ron had left town to go to chiropractic
school, and I don't think we ever saw each other again.
I now remember what struck me so much about that article that was posted
at NYU. It was accompanied by a picture of three guys on the
podium. You were holding Ron up and he was crying. It's really
a classic picture, even more so because unless you know
the "back" story you can only imagine what is going on in
the wrestler's heads at the moment the shot was taken. I saw this
picture once about 25 years ago and it still sticks in my head.
I was wondering if you could clarify: I am assuming your coach
was named Saunders. He wasn't the one who spoke of gassing out.
Like I said above, I thought Ron was coached at FDU by a guy he used to refer
to as "Metz". It was either Ron's coach (whoever he might
have been) or perhaps Ron himself that stated in the article that Ron
had "gassed out". I also remember now that there was some
suggestion that he had come down with a flu, which might explain his reaching a
state of exhaustion by the end of the match. Or perhaps you just kicked
his ass in in the last 2 periods.
Speaking of Stu Pruzanski, I never met him , but I knew his
brother Dave a bit. Dave owned a gym in the early '80's and our
Judo club used to work out there for a while. This was another guy who
never really told you much about himself. I only found out years later
that he once wrestled Gable to a tie. He was also the only guy
to ever win US National championships in
Judo, wrestling, and Sombo, all in the same year. (?1972). Years
later, maybe 1985 or so, he decided to make a comeback in Judo. He cut a
shit load of weight and ended up fighting me in the finals of a small regional
tournament. I beat him by decision, but really got no satisfaction
out of beating a guy who was so out of shape. Can't remember if this
was before or after one of his kids committed suicide.
Ethan
Ethan:
"As a wrestler he
was no joke and you did well to beat him and are too modest."
To reiterate: you are far
too modest!
Good
luck to you in all your endeavors.
Regards,
Al Peia
RUSSIA [ The Rational Pan-European Nation ] WARNS
AGAINST STRIKE ON IRAN...
PAPER: Wall Street 'MORE profitable'...
Extreme Poverty Now At Record Levels...
REPORT: Greek PM to resign today...
'Point of no return'...
BERLUSCONI TO BAIL?
Intrigue and betrayal in Rome...
Speculation over departure roils markets...
Italy: Too Big to Fail, Too Big to Save?
Allies push Berlusconi to resign...
'The beginning of the end'...
Italy protesters rally against Berlusconi...
... While Silvio naps
Defiant Berlusconi refuses IMF bailout...
US approaches $15 trillion debt limit...
CHINA: Europe induces 'sloth, indolence'...
TRUTHFUL TRASH TALK (ABOUT ISRAELI TRASH) BEHIND
ISRAELI LEADER'S BACK Report: Sarkozy calls Netanyahu 'liar'
Microphones accidently left on after G20 meeting
pick up private conversation between US, French presidents. Sarkozy admits he
'can't stand' Israeli premier [ Yes … netansayahu! ]
12 US TROOPS KILLED...
FREDDIE MAC seeks further $6 billion from
taxpayers...
AIG records biggest loss since 2009...
'I will never stand for national anthem again. I will
turn my back and I will raise fist'...
Judge Tosses TSA Case; Lawyer told ruling 'national
security'...
LEAVING 'FASCIST AMERICA', VENTURA OFF TO MEXICO
WHITE HOUSE REJECTS SOLYNDRA SUBPOENA...
US approaches $15 trillion debt
limit...
G-20 Fails to Agree on IMF Resources...
Suicide bomber targeted American NATO bus in Kabul...
TALIBAN CLAIMS CREDIT...
POLITICO: Two women accused Cain of inappropriate
behavior… [ Read my lips: NO NEW NIGGERS! … even a fallen despoiled nation in
intractable decline as america can do better than that; ie., wobama v. cain ?
(besides, there’s that ‘cancer problem’, amidst scandals exceeding ‘pubic hairs
on soda cans’); this is no endorsement of anyone else. As a matter of fact,
that there are two niggers vying for the presidency is a testament to how far
america has fallen. Maybe pervasively corrupt, defacto bankrupt america can
look to sub-saharan africa for their models of governance. IT’S OVER: Cain Is Done Business Insider | The scandals
swirling around Herman Cain today will be fatal to his presidential ambitions. ] ...
Cain Chief Of Staff Calls On Perry Campaign, POLITICO
To Apologize...
'Chicagoland hit'...
Debt Increased $203B in Oct.: $650 For Every
American...
Number of Americans on food stamps rises 8% to
45,800,000...
Greek Vote On Bailout Plan Due
'Within Weeks'...
Fears rising about impact of euro on daily life...
France, Germany demand decision...
FBI moves in on Corzine's MF GLOBAL...
FLASHBACK: Corzine floated for Treasury Secy...
China (the rational nation financially, economically,
geopolitically) sells missiles to Iran in violation of UN sanctions (where are
the sanctions against israel/america et als for war crimes, violations of
international law/u.n. resolutions, etc.) ...
Israel test-fires missile that could
hit Iran...
NETANYAHU RALLIES SUPPORT FOR ATTACK...
UK steps up plans for possible strike...
Greece Vote on Bailout STILL ON...
Gov't 'On Verge of Imploding'...
Military Chiefs Replaced...
ON THE BRINK...
STEVE JOBS DEAD
EU leaders race to save deal...
Emergency meeting in Cannes...
Vote threatens Sarkozy re-election plans...
PAPER: World faces years of social unrest as
economies falter...
Herman Cain: The Attacks On Me Are Racially Motivated
… [There it is … the race card … riiiiight!] ...
CONDI TO CAIN: DON'T PLAY THE CARD...
ISRAEL AUTHORIZES 'GROUND OPERATION' TO STOP GAZA
ROCKETS...
Washington fears unilateral strike on Iran...
Israel improving nuclear abilities[ War crimes
nation, illegal nuke totin’, defacto bankrupt american albatross israel keepin’
america’s direction and attention misdirected ]...
NEW ORLEANS: 15 shot, 2 dead in Halloween shootings
[Yeah, those niggers really love ‘candy’ of any kind]...
FLASHBACK: 'I'M READY FOR HIGH-TECH LYNCHING'...
Second Energy Department-backed company goes
bankrupt...
Corzine's MF GLOBAL files Chapter 11...
Likely Among the 10 Biggest Bankruptcies Ever...
Iran demands apology over Saudi ambassador
assassination plot charge...
Palestinians win full membership on UN cultural
agency … [ This is both productive and positive! ] ...
WORLD SERIES WILD! [Congratulations to the
St. Louis Cards … I’m so glad they won since bush / bushes no doubt were
routing for their old Rangers team! ]
EU Officials look to Beijing, Tokyo -- borrowing
costs rocket...
Cameron: London 'under constant attack' from EU...
GALLUP: OBAMA APPROVAL SKIDS TO NEW LOW...
FIST FIGHT BREAKS OUT IN ITALIAN PARLIAMENT...
MERKEL: We should not take peace for granted...
'Significant new offer' from bondholders...
EU SAVED -- BY CHINA?
SUMMIT FATIGUE: Endless gatherings take toll on
leaders...
Berlusconi forced into corner...
FARRAKHAN LASHES OUT AT OBAMA; CONDEMNS GADHAFI
'ASSASSINATION'...
AUDIO...
DOOM: Fears euro summit could miss final deal...
'Unknown territory'...
No bet on disaster...
Finance ministers cancel meeting...
Berlusconi fights to save coalition; Gov't on brink
of collapse...
Greenspin: European Union Doomed to Fail...
Japanese yen jumps to new postwar high...
KILL BOUNCE: OBAMA MOVES UP TO 44% AT GALLUP… [I
don’t believe this poll number for even one second … this is solely a
manipulated ‘pavlov dog conditioning’number]...
Treasury considers 'new' debt security...
Bank Predicts Another US Downgrade -- In Just Few
Weeks...
EU 'bank failures will crash Wall Street'...
Pressure on Italy...
New euro 'empire' plot by Brussels...
Germany's economic might sets off alarms...
Defections by Senate Dems Hamper Message on Jobs...
Unemployment rate rises after Obama visits NC...
DNC's 2012 host state posts highest payroll losses...
DC area tops income list; Avg fed employee makes
$126,000 a year…[With the exception of law enforcement, ie., FBI, fed employees
are uneconomic and almost without exception, a total waste of money]...
Reid says govt jobs must take priority over
private-sector...
Americans' Standard of Living Drops Sharply...
Antidepressant use skyrockets...
RUSSIA: GADDAFI DEATH BREACHED LAW
Greece may need 60% bond writedown; EU at odds...
Greeks ask God for help…[ Not granted! ]...
S&P: France Likely to Lose Top Rating...
EUROPE BRACES FOR 'DOWNGRADE BLITZ'...
FLASHBACK: Gaddafi: Obama is friend...
KILLED IN HOMETOWN...
CAPTURED ALIVE...
'DON'T SHOOT'...
Cost of Libya operation: $1 Billion...
Clinton: 'We came, we saw, he died'...
GRAPHIC VIDEO...
FLASHBACK: Farrakhan: 'That's a Murderer in the White
House!'...
HIT LIST: Obama warns other Mid East dictators THEY
COULD BE NEXT...
TIMING? U.S. busts two Iranians today over terror
plot Obama was briefed about in June... { U.S.
accuses Iran of plot to kill Saudi ambassador [ Oh come on! That’s
as likely as wmd’s in Iraq; or, america and israel hatching such a plot so they
can blame same on Iran. The point is, when it comes to nations that both
war-mongering israel/u.s. would love to make, not love, but war on, they’d
literally say anything; even to the point of paying anyone to say anything …
yellow cake anyone? (‘Bush and Iraq: Follow the Yellow Cake Road’ Read more: http://www.time.com/time/world/article/0,8599,463779,00.html#ixzz1aWL8TndC
‘...the White House defense, having now admitted
a falsehood in President Bush's claim, in his State of the Union address, that
Iraq had tried to buy uranium in Africa. Read more: http://www.time.com/time/world/article/0,8599,463779,00.html#ixzz1aWKsd9dp
] }
ENTHUSIASM GAP: Rs 64%, Ds 43%...
POLL: CAIN 43% OBAMA
41%
WAR DRUMS: Obama Presses Inspectors on Iran Nuclear
Data...
Iran's former president warns of possible US
attack...
Day of 'Global Revolution'...
FITCH: More Than Dozen Banks May Get Downgraded...
BATTLE ON 'OCCUPY'...
Bloomberg backs down...
Giuliani [ghouliani / mafiani]: I Would've Told OWS
Protesters, 'Streets Are Not For Sleeping,' 'Rent A Room' [ from mafia owned /
‘protected’ hotels only, as per political opportunist –9/11, 9/11, 9/11-
ghouliani / mafiani ] [ the difference between the facist / neurotic approach
of ghouliani and the rational approach of Bloomberg ] ...
'PARTY' IN TIMES SQUARE!
DENVER POLICE MOVE IN...
10 ARRESTED IN SEATTLE...
SD CAMP DISMANTLED...
OBAMACARE ALREADY FALLING
APART?
GRENADES TO MEXICO...
Obama Spoke About Fast and Furious Before Holder
Claimed He Knew...
SHRINK: Obama suffers from 'father hunger'...
In Holder Subpoena, Issa Also Probes WH Press Aide...
BOOK WARNS OF END...
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Support, Tell People To Call 311 To Complain...
PELOSI UNHINGED: Republicans 'want women to die on
floor'...
Obama invokes race...
'Unusual' meeting between US, Iran over plot...
G20 finance ministers gather as time runs out...
Spain Credit Rating Cut...
Europe tempted to save Greek trauma for later...
BUCHANAN: Is the New World Order unraveling?
Panetta warns budget cuts will force retreat in
Africa [ Retreat? What alternate universe is this guy from … oh right, ‘the
land of fruits and nuts’ ]...
CHICAGOLAND: Video captures two girls violently
beating fellow female student... ‘ Tim Holt · Top Commenter
how many KNEW that this would be black girls when you read the headline?’ [
Isn’t that the truth … typical niggers! ]
Pack of 30 girls attack 15-year-old girl for
cellphone...
WAR DRUMS: IRAN CALLS 'TERROR PLOT' LIE
Saudis say Iran must 'pay the price'...
Hillary: 'Dangerous escalation'...
Warren Buffett made $62,855,038 last year...
Company still owes as much as $1B in back taxes...
CHICAGOLAND: Union boss to rake in $500,000 yearly
pension...
Issa subpoenas Holder...
Holder ends press conference after questions on Fast
and Furious...
Subpoenas for Atty Gen imminent...
Belafonte: Herman Cain 'is bad apple'...
Cain Fires Back: 'I Left Democrat (for the
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Afghanistan shuts down graft probe...
Not a single Christian church left in country...
AL-QAEDA
QUESTIONS LEGALITY OF KILLING U.S. CITIZEN
TIME SHORT: UK PM says euro has just
weeks .. disaster...
100+ 'Fast and Furious' guns found in Mexico cartel
home...
HOLDER ON HOT SEAT...
Issa: Subpoenas issued soon...
Iran calls Wall Street protests 'American Spring'...
Chavez slams 'horrible repression' of U.S.
protests...
Pope denounces 'inhuman' mafia...
Opposition grows, hardens...
GALLUP: OBAMA AT LOW...
Italy, Spain Ratings Cut by FITCH; Belgium Is Put
Under Review by MOODY'S...
FINANCIAL CRISIS 'WORST WORLD HAS EVER FACED'...
MOODY'S Cuts Rating on 12 UK Financial Institutions, nine Portuguese
banks...
DEPENDENT STATES OF AMERICA: Nearly Half Live in
Households Receiving Govt Benefit...
Wall St protest expected to swell...
FINANCIAL CRISIS 'WORST WORLD HAS EVER FACED'
IT'S OFFICIAL: Housing bust worst since Great
Depression...
Sanitation Becoming Concern...
Pelosi on Protesters: 'God bless them'...
LA Mayor Villaraigosa Hands Out Ponchos...
Dallas Federal Reserve Targeted...
Secret panel can put Americans on 'kill list'...
CHICAGOLAND: Bodies double up at morgue...
Post Office's Rescue Plan: More Junk Mail...
College Walk Out Planned; 'Anonymous' Releases Threat
Against NYSE...
Occupy Wall Street 'Stands In Solidarity' With Obama
Front Group...
Stocks' massive 'melt-up' fans investor fears...
Police, rioters clash in Greece as nation goes on
strike...
Geithner warns Europe crisis global threat...
Issa to Holder: Admit you knew...
Holder changes story...
DoJ quietly demotes ATF officials involved in Fast
and Furious...
White House screams, swears at reporter for covering
scandal...
Is CBSNEWS Silencing Reporter?
Afghanistan violence up 39% over last year...
REPORT: WHouse awarded $5M 'bonus' to state for Food
Stamp signup...
DICK MORRIS CLAIM: 'Very Possible' Obama Will Bow Out
Of Presidential Race...
'AMERICA'S GOTTEN A LITTLE SOFT’ [Yeah! Soft in the
head for tolerating wobama’s b***s***] '
GALLUP: (wobama approval) Back in the 30s...
BLOOMBERG WARNS OF RIOTS...
Assad threatens to attack Tel Aviv in case of NATO
strike...
Russia, China veto UN resolution on Syria…[Rationality
Prevails!]...
Clashes in Saudi Arabia leave 14 wounded...
Police open fire on civilians... [But this
is ok because saudi arabia’s a doormat for israeli/u.s. interests]
GOP calls for special counsel to
investigate Holder... Developing...
WHEN DID HE KNOW?
Holder changes story about ATF gun-running op...
'Either Incompetent' or 'Misleading Congress'… [How
‘bout both! … he’s typical!]...
White House screams, swears at reporter for covering
scandal...
'RECOVERY CLOSE TO FALTERING'
Michael Moore: The Rich Are Out Of Control,
Kleptomaniacs And Sociopaths...
Michelle Obama's Africa Vacation Cost More Than
$432,142...
Daughters listed as 'senior staff'...
ESPN YANKS HANK WILLIAMS JR. FROM 'MONDAY NIGHT
FOOTBALL'...
LIKENS OBAMA TO HITLER...
VIDEO...
PUTIN
EYES 'EURASIAN UNION'
PAPER: China or USA? Make your choice...
Greece Falls Into 'Death Spiral'...
RON PAUL FLOATS IMPEACHMENT FOR DRONE KILL OF U.S.
CITIZEN...
'YOU'RE NOT
BETTER OFF'...
Claims
'underdog' status for 2012...
POLL:
Majority expect him to lose...
Cantor:
Obama's Jobs Bill Dead; His 'All-Or-Nothing Approach' Is Unacceptable...
Mosque Set on
Fire in Israel...
REUTERS:
Christie faces White House decision this week...
[ To be
president of the now disunited states like no time since the civil war, one
really must want to be president. Governing new jersey is probably the easiest
political position in the world inasmuch as the same is totally controlled. New
york is a close second to jersey in those terms, complicated only by the
arrival, politically like never before, of the wall street frauds (the
fraudulent goldman era, beginning more serious than ever politicking with
rubin, paulson, etc., probably owing to their far larger frauds for which they
needed ‘protection’ in the form of ‘political muscle’ –
which they got.). The gangs of jersey, new york have a history that’s endured in terms of impact longer than the
political parties themselves; proximity to and control of the local vote
multiplied many times by the controlled localities ‘they serve’. In jersey, you can’t get elected without the mob; in some areas the mob
controlling both parties. [ brendan byrne, who brought the final take-over /
scourge / quid pro quo, viz., the casinos, james florio, mario cuomo (progeny
andy cuomo), etc., had publically known mob ties. Less conspicuous would be the
likes of old money play-along tom kean, whose desperation to breathe life into
the moribund political career of his son is evident to all; including his
cover-up report on the 911 incident which was probably the worst of its kind
since that other non-jurist, politician / former governor of California warren
report / cover-up of the coup d’etat
/ JFK assassination. Just who are these so-called ‘conservatives’ holding back funding while urging jersey christie’s run ‘for
the gold’. No … I couldn’t care less about his girth, the goodyear blimp /
humpty dumpty jokes, etc.. Yet, one has to wonder why a prior decision, given
even further consideration upon God knows who’s self-interested prompting, is suddenly firm today
yet malleable tomorrow. Forbes, (and hannity I suspect), of jersey himself
(themselves) seems close to this yet one still must wonder ‘what the deal is’. More importantly, for jersey (n.y.) candidates, ‘with whom’. That wobama, as a black man realistically /
potentially viewed as the ultimate outsider, would make promises that got him
elected, yet renege on nearly all of same is a testament to how totally
controlled these gutless politicians are and proving how such lack of courage
spells not only their own unequivocal failure (wobama as bush failure 3, et
als), but certainly for that of the nation as well ( 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
). Quite simply, there is really no good reason why a jersey politician
should change his mind about something that should be at one with the person
himself. After all, we all must at least assume jersey governor Christie is a
man of reason who previously made an unequivocal, publically announced, widely
covered decision for what must be assumed a good reason. ]
FORBES:
CHRISTIE DECISION WITHIN 72 HOURS...
CLASH ON BROOKLYN BRIDGE...
More than 700 arrested in 'Wall St' protest...
Dozens cuffed in Boston after targeting BANK OF
AMERICA...
Protests spread across USA...
Los Angeles...
Chicago...
Denver...
Seattle...
Greece to Miss Deficit Targets Despite Austerity...
'Leaders are pushing the world into Depression'...
Al Sharpton's office admits handing out possibly
bogus stimulus check forms...
Iran Supreme Leader: Palestinian UN statehood bid
doomed to fail...
Hamas: 'Resistance' against Israel is only option
left...
STOCKS SUCK...
Wall St. ends rotten quarter in sour mood...
Dow Notches 12% Drop...
No Rise in Home Prices 'until 2020'...
Feds: SOLYNDRA Won't Reveal Contracts, Customers or
Exec Bonuseslt (typical american boondoggle) ...
DOE pushing ahead with $5b more in solar loans
(another american boondoggle) ...
Strikes hamper Greek rescue effort...
Sarkozy, Merkel to Meet...
$200K Per Job? Geithner Says White House Plan Still
Bargain … [ Riiiiight! .. In what alternate reality beyond political
desperation mode? ] ...
GERMANY SLAMS 'STUPID' US PLAN FOR EURO...
CHAOS: THOUSANDS LINE UP IN PHILLY FOR FOOD STAMPS...
Protester calls Obama 'Anti-Christ'...
Fundraising plunges...
'Titanic struggle' for re-election...{
Axelrod: Obama faces 'titanic struggle' [
Yes indeed! A titanic struggle for control of the Titanic, the USS Titanic,
sinking from its own weight of
pervasive corruption, defacto bankruptcy, and fatal, immutable structural
flaws! ] }
CA CITY HAS 32.4% UNEMPLOYMENT RATE!
POLL: Paul beats Obama 51-49...
COPS: Mob of girls charge house after high school
fight; 2-year-old girl shot...
DEM GOV. CALLS FOR 'SUSPENDING ELECTIONS' … [ the
wobamanoid plan … for even greater nation-breakin’ disaster! ]...
Former Obama budget director: 'We need less
democracy' to 'counter gridlock' [ How desperate, these wobamanoids… How
pathetic! ] ...
Split over Greek bail-out terms...
NOW IMF NEEDS BAILOUT!
PUTIN FOR LIFE...
Police in Moscow raid bank of political opponent...
Finance chief rebels...
Merkel: Greek default would destroy faith in
Europe...
French left seizes Senate majority, hurts Sarkozy...
Plan B: Flood markets...
S&P: Larger Fund Could Weigh on Ratings...
SIX WEEKS TO SAVE THE EURO...
IMF to increase resources to more than $1 trillion...
Wall Street protesters pepper-sprayed, cuffed...
90 arrested...
VIDEO: Wild scene...
Catalonia's last bullfight … [How wise, and nothing
less than what one would expect from the place that has given rise to among the
greatest artists in the history of this world.] ...
PAYBACK [ Retaliation ]: S&P Could Face Legal Action From SEC Over
Ratings...
SUMMER SALE: Dow plunges 391 points...
Global markets tumble 4%...
ZOELLICK: 'World in danger zone'...
SOROS: USA already in double-dip...
Abbas moves for statehood...
'We shall not recognize a Jewish state'...
NETANAYAHU is a 'Theater of the absurd'...
Calls UN 'House Of Lies'...
CLASHES IN WEST BANK...
LIVE...
Pakistan warns US: 'You will lose an ally'...
SHUTDOWN: Harry Reid kills bill to keep gov't
running...
Postpones disaster relief vote...
...for Dem party, fundraiser at island retreat!
BLOW: Obama fundraiser got $107m in federal tax
credits for wind power...
Credit stress 'reaches pre-LEHMAN danger levels'...
BAD BLOOD: Bill Clinton: Netanyahu killed peace
process...
GLOBAL SYSTEM UNDER PRESSURE...
GALLUP: 55% DISTRUST MEDIA...
Palestinians Delay Call for Quick Vote...
State bid 'only alternative to violence'...
UN chief urges Israel 'restraint'...
Obama re-affirms desire for Palestinian state...
Venezuela, Cuba defend Iran...
IMF warns on global financial system...
MOODY'S downgrades three US megabanks...
Man returns with shotgun after TACO BELL worker
forgets hot sauce...
IHOP Hires Bouncer To Control The Rowdy...
Approval Among Liberals Hits All-Time Low...
LIBS VOW PRIMARY CHALLENGE AGAINST
OBAMA
IMF WARNS: INTO THE DANGER ZONE...
...warns of USA 'lost decade'
USA building secret drone bases in Africa, Arabian
Peninsula...
Chavez: Israel committing genocide...
Iran: Israel killing our nuclear scientists...
Palestinian move hits Dem vote base; Republicans woo
Jewish electorate...
Israel Floats 'Interim Solution' To
Palestinian Statehood Debate … [ Half measures will not do! Too much time,
resources have been wasted! Time for the ‘final solution’… the choices:
peaceful or non-peaceful; rational or irrational; reasonable or unreasonable!
There has been nothing to have changed the reasonable expectations created by
secretary of state clinton herself in espousing this administration’s
unequivocal position espousing Palestinian statehood! ] ...
REPORT: SOLYNDRA
execs to plead Fifth...
HOUSE TO PROBE
OBAMA ACTIONS ON GOV'T LOAN...
Second witness
says White House tried to steer testimony...
Air Force general claims he was pressured...
WIRELESS: Obama invested in Falcone-funded Co....
FLASHBACK: 'I thought about going to Warren Buffett,
and I decided it would be embarrassing I only had $100,000'...
CHICAGO TRIBUNE: Why Obama should withdraw from 2012
race...
Black Caucus chairman: If Obama wasn't president, we
would be 'marching on the White House'… [ Which means typically, reasonably as suspected, the black caucus is
racist and without any credibility whatsoever; particularly in their support of
wobama, ‘the last negro’ … What an insecure, jive-talking, stereotypical dismal
failure wobama’s turned out to be … he’s totally pathetic … he’s proven to be
just another of his type who’s gotten by on b***s*** and ‘special understanding
/ consideration’ his entire life … yes,
the last negroe! … wobama’s basically re-running his last and now endless
campaign expecting all to believe him this time around … this last negroe! ]
...
OBAMA'S JOBS BILL WON'T BE READY UNTIL NEXT MONTH, AFTER ANOTHER VACATION...
$3 in tax hikes for every $1 in spending cuts...
NEW BOOK TELLS OF DISCORD IN OBAMA ECONOMIC TEAM...
Women 'excluded and ignored'...
REPORT: Rahm threatened to burn down house of
statehouse foe...
Protesters hit Wall Street...
'US Day of Rage'...
Cops Lockdown Wall Street From Day of Rage Protesters
$1,500,000,000,000 IN NEW TAXES
GREEK BLEAK...
WREAK...
RETIREE BENEFITS FOR THE MILITARY COULD FACE CUTS...
Fed Expected to Launch New Program as Europe Boils...
Europe digs ever deeper debt hole...
Palestinians demand statehood...
Holy Land clerics bless...
Jewish groups worried by Vatican gesture...
Obama faces awkward dilemma...
NYC security on alert for UN assembly...
Emergency meetings to avert Palestinian crisis...
TURKEY PROPOSES PARTNERSHIP WITH
EGYPT...
VETO THAT COULD CHANGE THE WORLD...
Palestinian leader ignores US warnings on UN
statehood...
Israel ups West Bank forces...
Anti-Israel subway signs in NYC spark religious war
of words...
Geithner warns EU of 'catastrophic risk'...
Europe bristles at lecture...
US could be on hook for bailout… [ Come on! Let’s get
real here! Pervasively corrupt, defacto bankrupt america can’t even bail itself
out! ] ...
Eurozone possible nightmare scenarios...
NEW 'WAVE OF FORECLOSURES'...
BIG JUMP IN JOBLESS CLAIMS...
INFLATION RISES...
SOLYNDRA among 5 stimulus firms to go under...
Intimidation / Bullying: israel warns of 'harsh'
consequences of Palestinian UN bid...
Wobama: ‘GIVE ME A WIN, GIVE ME A BREAK, LOVE ME!'
Cherokee Indians say they can kick blacks out of
tribe… [ This should go without saying; after all, while blacks may be u.s.
citizens, they’re certainly not Cherokees … let’s get real here – let the u.s.
government retroactively honor their many treaty obligations / violations to the native inhabitants of this
land from whom such lands were stolen! ] ...
Geithner: Economy In 'An Early Stage' Of Crisis...
'Hoping for sometime' to get fired...
Dem Rep: Americans don't deserve to keep all of their money...
MOODY'S downgrades 2 French banks...
International alarm over euro zone crisis grows...
Europe's banks staring into abyss...
PLO: Palestinian state to be Jew-free [ Sounds like a
Plan … for peace, peace of mind, and prosperity! ] ...
BILLIONS AND BILLIONS: GE to Buy Back Shares From Buffett...
Rumsfeld cancels NYT subscrip over Truthful Krugman
piece...
100 protesters burn American flag outside U.S.
embassy in London...
Israel facing 'diplomatic tsunami' with Arab
neighbors...
Crisis threatens Mideast ties...
US pleas ignored as mob attacked...
Warning of 'orderly default' on Greek debt...
KRUGMAN: Bush, Giuliani 'fake heroes' who cashed in
'on horror'...
BUSH
[ Yeah! bush indeed knows all about this because he is evil and lacks courage!
]: 'One of the lessons of 9-11 is that evil is real, and so is courage'...
$447B JOBS BILL: $421B FROM TAXPAYERS...
BILL SHIFTS INCOME CUTOFF DOWN TO $200,000...
JUST $40B COMES FROM OIL, GAS TAXES...
TAB FOR CORP JET OWNERS: $3 BILLION...
Obama to Tout Jobs Act at Donor's Company...
ITALY TURNS TO CHINA FOR BAILOUT
Jordan Abdullah: Israel situation more difficult than
ever... [ Op-ed:
israel doesn’t really want peace http://www.ynetnews.com/articles/0,7340,L-4118832,00.html ]
Russia supports Palestinian statehood...
U.S. BOOTS ON THE GROUND IN LIBYA...
NOONAN: We'll Never Get Over It...
NYPD launches Its Own Navy, 1,000-Man Army, Tanks...
'Dirty Bomb' Fears...
NBCNEWS TWITTER account hacked, published fake terror
alert...
Egyptian protesters pull down Israel embassy wall … [
Congratulations! Well Done! ] ...
STOCKS SLAMMED...
Obama jobs package fails to lift spirits...
Global slide...
Berlusconi says has 'no power' as Italy crisis
bites...
Greek PM to give speech amid hostility...
World Enters 'Dangerous New Phase'...
'Collectively suffering a crisis of confidence'...
FBI raids Obama-backed solar company...
SOLYDRA reps made 20 trips to WH before $500M
award...
Fed court tosses out 2 challenges to Obamacare...
Panel of 3 dem-appointed judges, including 2
appointed by Obama...
Afghan journalist killed by US soldier...
ANOTHER $300 BILLION...
'It might not create a single job'...
Makes 'whopper' claim about middle class tax cut...
CARNEY: 'I'm going to shuck and
jive'...
TV stations pick football over another Obama jobs
speech… [ Indeed they should .. wobama’s total b***s***! ] ...
ACLU to sue over welfare drug testing… [ No
constitutional issue here .. Reason? Welfare isn’t a right! Moreover, such a
law deters those who would fail such a test from applying which therefore
understates the prevalence of the abuse in these difficult fiscal / economic /
budgetary times ]...
California Employment Level Sinks to Record Low ...
Iceland says it was 'bullied' over bank debt...
46 People Shot In NYC Over Holiday
Weekend...
Gunfire erupts near Bloomberg in Brooklyn...
7 Killed in Chicagoland...
40% of Europeans 'suffer mental illness'...
Gunman unloads inside IHOP...
9 shot, 3 killed...
2 dead were National Guardsmen in uniform...
NO REAGAN, NO CLINTON...
Another all-time low...
US on wrong track say 75% -- of Californians!
Redford disappointed: 'I'm beginning to wonder just
where the man stands' … [ I believe Robert Redford would be a very good and
potentially great President! (nothing to do with his position on the
environment) ] ...
Stocks Lose for Week as Recession Fears Grow...
Roubini: We Are in 'Worse Situation' Than '08...
More and more Americans call long-stay motels home...
USA: $10 TRILLION IN DEBT…[ Far more than that is the
reality ]...
Gov't Battles Copper Thieves...
Miami Proposes 'Task Force' To Combat Thefts...
FAKE CITY WORKER ARRESTED STEALING IRON GRATES...
Power lines in Indiana stripped....
China state paper urges Internet rethink to gag
foes...
Obama Calls for Extension of Gas Tax...
Hits all-time low approval among women...
SUMMER BUMMER: Stocks Log Worst August in 10 Years...
Solar company touted by Obama closing -- despite $535
million from feds...
1,100 'green jobs' gone...
POVERTY IN PARADISE: Joblessness in some parts of
Vegas exceeds 20%...
RANGE DAYS: 3D head-mount like 'sitting in
theater'...
August deadliest month for USA in
Afghanistan… [ 66 u.s. soldiers killed ]...
FINAL 'FINAL' BATTLE IN LIBYA...
REBELS GIVE GADDAFI UNTIL SATURDAY TO SURRENDER...
ISRAEL MOVES SHIPS; IRAN MOVES
SHIPS
Russia, China wisely, rationally resist U.N. Syria
sanctions push...
Ron Paul: Mobs In Europe A Sign Of Things Coming
(already here)...
Euro bailout in doubt as 'hysteria' hits Germany...
‘German Chancellor Angela
Merkel no longer has enough coalition votes in the Bundestag to secure backing
for Europe's revamped rescue machinery, threatening a consitutional crisis in
Germany and a fresh eruption of the euro debt saga…’
GALLUP: OBAMA DISAPPROVE HITS ALL-TIME HIGH...
NY economy takes huge hit...
ALARM: CHRISTIE SAYS DAMAGES IN BILLIONS, 'IF NOT IN
TENS OF BILLIONS'...
Mental illness rise linked to 'climate change'...
Teen girl paralyzed, 10 others wounded at 'Drama
Free' party... ‘A
Queens party advertised on Facebook and Twitter as
"Drama Free" turned into a shooting gallery early Saturday. Eleven
young people were shot, including a teenage girl left paralyzed, when a gunman
opened fire into the crowd. About 100 people were packed into the backyard of
the single-family home on Inwood St. in South Jamaica
shortly before 1 a.m., when the shooter sneaked up a back alleyway and opened
fire into the yard through a chain link fence…’ Read
more: http://www.nydailynews.com/news/ny_crime/2011/08/28/2011-08-28_11_shot_at_drama_free_qns_party.html#ixzz1WOiqvmx3
China jails Tibetan monk for 11 years...
Gaddafi 'seen in Zimbabwe on Mugabe's private jet'...
BUFFETT BUYS BILLIONS IN BANK...
EARNS $280M -- IN A DAY!
Obama called Oracle of Omaha before big buy...
Buffett to Host Fundraiser...
Fukushima radiation leaks 'equal 168
Hiroshimas'...
New home
sales on pace for worst year in history...
NATIONAL DEBT
RISES BY $3 MILLION EACH MINUTE...
Obama sets
record: $4,247,000,000,000 debt in just 945 days...
STEVE JOBS:
iRESIGN
LETTER... [ More than just a ‘Silicon Valley legend’, Steve Jobs literally saved Apple
from extinction … I’m truly glad he saved Apple, my first computer (1986 -
apple IIc for word processing / data based records / forms / templates / data
which I interfaced with an electric typewriter for letter quality) and for that
all should be thankful. Apple is the Nasdaq (40% weighting) and quite more,
that now was! ]
YORK:
Spending, not entitlements, created huge deficit...
$500,000
federal stimulus grant created 1.72 jobs...
GE cutting more jobs...
FLASHBACK:
Moving X-ray business to china...
Strong East Coast quake highly unusual...
DETAILS...
Felt from Toronto to Atlanta...
Epicenter VA...
Felt In Chicago...
Airports Close...
CELLPHONES OUT...
Nuke Plant Shuts Down...
VIDEO: Vacant White House Shakes...
VIDEO: Obama Takes Quake Call on Links...
Stones fall off National Cathedral...
WASHINGTON MONUMENT 'TILTING'?...
HOMELAND SECURITY'S QUAKE ADVICE: DON'T CALL...
5.8 MAG QUAKE ROCKS DC-NYC
SEE YOU IN SEPTEMBER...
Buchanan: The view from Martha's Vineyard...
‘As he and his daughters
bicycle around the summer playground of the Northeastern elite, Martha's
Vineyard, President Obama is steadily bleeding away both the support of the
nation and that of his most loyal constituency. Several times, his approval
rating in Gallup's daily tracking poll has sunk to 39 percent, with disapproval
reaching 54 percent. Support for his handling of the economy has dipped to the mid-20s.
Only 11 percent of Americans, says Gallup, are satisfied with the way things
are going. Unemployment remains at 9 percent,
as it has for two years. The Dow has lately lost 2,000 points, or $3 trillion
in wealth wiped out. All that money the Fed pumped out is now being reflected
not only in the price of gold, silver and Swiss francs, but in rising consumer
prices – inflation. One in five U.S. children is living in poverty…’
SANTORUM: 'maxine waters is vile' [ she’s worse than that, and a total
embarassment for america and california particularly! ] ...
Maxine Waters: 'The tea party can go straight to
hell'...
Tea Party fires back...
MORGAN FREEMAN TELLS OBAMA TO 'GET PISSED OFF' [
sounds like a plan … nigger to nigger … the nigger plan! ] ...
Philadelphia extends curfew after flash mobs [ new
u.s. Christmas carol – ‘america’s beginning to look a lot like sub-saharan
africa, everywhere you go’ . They are beasts of burden at most who are a burden
to most at best … you’ll never change
the nigger who evolved only to a point! Think about all those ‘make-work’ jobs
for niggers that serve no real economic purpose; ie., federal, state, local,
uspostal service, etc.. And, they can’t even do those jobs reliably,
efficiently. Niggers are a drag on civilized society! ] ...
Black congresswoman blames
black unemployment on 'racism' (riiiiight! The race card … how ‘bout reality)
...
'The real enemy is
the Tea Party'...
6 shot at youth
b'ball game (black violence in ‘the city that loves brothers’ – Philly)...
'REGIME COMING TO END'
Unit protecting Gadhafi surrenders...
Libyan Rebels 'Capture Son'...
'End of regime in 10 days'...
'1,300 dead' in attack on Tripoli...
NATO racing to wrap up...
UPDATES...
AL JAZEERA LIVE...
NEXT: Syria warns against military
intervention...
REVEALED: Wall St Aristocracy Got $1.2 Trillion in
Fed's SECRET Loans...
OBUMMER SUMMER: DOW DOWN
ANOTHER 400
JOBLESS CLAIMS UP...
Inflation rising fast...
Treasury Yields Fall to Record Lows...
What went wrong with global recovery?
Police scramble to fight flash-mob mayhem...
TROOPS IN AFGHANISTAN 'UNTIL 2024'...
GM says bankruptcy excuses it from repairs...
GOV'T MOTORS stock
hits new low...
Dollar Sets New Record Low Against Yen...
Putin Calls USA 'Parasite'...
israeli raid strains ties between Egypt and israel...
Ridley Scott to direct new version of 'BLADE
RUNNER'...
NASA REPORT: Aliens may destroy humanity to protect
other civilizations … [ Naah! Really don’t have to .. confined to this solar
system, by hand of God or man, we’re only talking decades at most ] ...
APPROVE: (now 39%) 42%
Return of Mass Layoffs a Grim Sign...
MOODY'S Cuts U.S. Growth Outlook...
WALMART warns on US economy weakness...
BELOW 40%
WORST WEAK
Putin sets sights on Eurasian economic union...
Gorbachev: I should have abandoned Communist party
earlier...
'MAGICAL MISERY BUS TOUR'...
'Greyhound One'...
Armored Buses Cost $2.2 Million...
BLACK CAUCUS ON OBAMA: 'WE'RE GETTING
TIRED' [ Not as tired of wobama’s b***s*** / excuses as the ‘White
Caucus’ and any other Caucus – but, don’t be taken in by their b***s***;
they’ll ‘back the black’ every time, regardless! ]
New low of 26% approve of Obama on
economy...
Inflation builds...
FOOD PRICES RISING...
UNEMPLOYMENT UP...
OBAMA TO LAY OUT JOBS PLAN -- AFTER VACATION...
'Takes More Vacations Than Any Human Being I've Ever
Seen'...
Commiserates with jobless, then off to the
Vineyard...
Roaming Pack of Thugs Attacks 64-Year-Old Man, Steals
His Bible [ Yes, you guessed it! The thugs … they’re niggers! ] ...
Obama: I Reversed Recession Until 'Bad Luck' Hit...
OBAMA'S GREEN PET GOES BANKRUPT...
Got stimulus cash, promised 800 jobs...
Kansas City mulls curfew after racial attacks...
Mayor gets shoved to ground when gunfire erupts...
VIDEO...
Flash mob robs DC-area 7-ELEVEN...
Boy Stabs Girl At Philly Mayor ANTI-VIOLENCE Event...
Detroit Police No Longer Responding To Automated
Burglar Alarm Calls...
AP: Ron Paul no longer 'fringe'...
'Shafted' by media...
RON PAUL WEEKEND WINNER IN AMES?
TEEN UNEMPLOYMENT HITS 50% IN
DC
CONSUMER CONFIDENCE CRASHES...
Lowest since Jimmy Carter...
APPEALS COURT: OBAMACARE UNCONSTITUTIONAL...
Dem Judge Rules Against Obama's Signature
Achievement...
'Unbounded assertion of congressional authority'...
Emergency Decree: Italy Approves Tough Austerity
Measures... Developing...
RIOTS BREAK OUT AROUND GLOBE AMID ECONOMIC ANXIETY
Dollar Tumbles on Fed Pledge; Swiss Franc Soars Most
Since 1971...
Merkel faces revolt over eurozone deal...
Philadelphia Implements Strict Curfew To Combat
Violent Mobs...
MAYOR TO BLACK YOUTH: 'You have damaged your own
race'...
OBAMA APPROVE HITS NEW LOWS...
'There is something wrong with our politics'[ Yeah!
You, among many others! All those false campaign promises, etc.! ]
...
6 YEAR OLDS CAUGHT WORKING ON FARMS...
Thirty-year Treasury yields rise most since 1980s...
CHICAGOLAND: State can no longer afford to bury dead
poor...
Feds Called In To Curb 'Wild West' Violence In E. St.
Louis...
REPORTS: Olympics ambassador is London rioter!
5 more US troops killed in
Afghanistan...
SAVE THE EURO: Sarkozy, Merkel in emergency
meeting...
HYPERSONIC PLANE LOST (What was the cost?) ...
REPORT: ENTIRE US STEALTH FLEET GROUNDED...
OBAMA CONSIDERS BECOMING NATIONAL LANDLORD...
Still going on vaca...
Approval: 40%...
Highest approval among Muslims...
WRONG TRACK: 73%...
Obama Marks Ramadan with Iftar dinner...
BANK STOCKS PLUNGE...
MOODY's warns states, local govts...
Treasury sells 10-year notes at record low rate...
SONY 'CLASSIFIED' BIN LADEN MOVIE;
WHITE HOUSE REJECTS FAVORS CLAIM
UK locks down as nights of unrest spread...
Manchester riots on
scale not seen in 30 years...
Rioters rob people on street, force them to strip
naked...
DOW -634...
CURSED: S&P falls 6.66%
IT TANKED AS HE TALKED...
BARACKALYPSE NOW
CHINA: Dollar to Be 'Discarded' by World...
Lectures How 'Good Old Days' of Borrowing Have Ended...
NOW BUFFETT DOWNGRADED!
Tel Aviv stocks fall 7% after USA debt downgrade...
Nikkei drops 2%...
Wall St braces...
European leaders scramble to calm investors...
S&P: 1 in 3 chance USA will fall ANOTHER notch!
Recession without shock absorbers...
Gold soars above $1,700...
PRE-MARKETS... DEVELOPING...
BLOODY WEEKEND
USA DOWNGRADED: FIRST CREDIT RATING CUT IN NATION'S
HISTORY...
DETAILS [.PDF FILE]...
DEMOCRATS CALL FOR HIGHER TAXES...
CHINA: 'Good old days' of borrowing are over...
LONDON BURNS...
...the underclass lashes out
Violence continues...
Rioting spreads beyond capital...
DAY 3...
Riot Hits London After Police Shooting...
...shops looted
RAMPAGE...
Fears of more...
DOWNGRADED!
DETAILS [.PDF FILE]
FLASHBACK: 'No risk' USA will lose its top credit
rating, says Treasury's Geithner … [ Well, we all know the powers of foresight
possessed by ‘no-recession-helicopter ben’ and tiny tim geithner ] ...
FOOD STAMPS: Record 45.8 million dependent...
One in seven Americans...
Postal Service warns it could default…[ No surprise
here .. the usps is totally unreliable! ] ...
Post Office proposes cutting 120,000
jobs, pulling out of healthcare plan …[ Let UPS take over the usps! ]...
Controversy over White House 'Hip-Hop BBQ'...
'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). ]
DOW PLUMMETS 512...
OBAMA HAS BBQ COOKOUT...
GAINS FOR YEAR GONE...
'CORRECTION'...
PANIC RIPS THROUGH GLOBAL MARKETS...
Intervention fails to quell nerves...
'NOT SINCE JIMMY CARTER'...
Military money on chopping block...
Grim economic news clouds Obama 50th...
Two-year Treasury yield drops to record low...
RACE TO CASH: Bank imposes fee on rapidly growing
deposits...
DEM RUNS FROM OBAMA...
Leaders Issue Warning on Joblessness...
Woman dies from heat after AC stolen...
San Fran tourist mugged of money, clump of hair...
RENTER STEALS AC, SELLS FOR GAS MONEY...
HUMAN HAIR TRADE SURGES...
Bronze Dog Statue Stolen From Humane Society...
Thieves steal school's bleachers!
Mom Arrested For Robbing Girl At Gunpoint -- For
Bike...
10-Year-Old Boys Held Up For Sneakers At Summer
Camp...
MOODY'S: 'NEGATIVE'
Massive rout spells trouble for Wall St...
Europe on Brink of 'Major Financial Collapse'...
DOW PULLS OFF A WIN! [ Based as usual on
b***s*** alone! ]
Scary Chart Pattern Suggests More Selling on Way...
Economy struggles to find footing...
Obama, Bernanke out of ammo to boost jobs, growth...
Gold at $2,000 by year-end...
MORNING AFTER:
BORROWING TOPS 100% OF GDP
European leaders feel the strain...
Berlusconi fails to stem rising panic...
'The coming crises of governments'...
Silent bank run hits Greece...
...exodus
Italy under fire...
Pain in Spain...
Woes Get Messier...
DEBT DEAL BACKLASH:
LIMBAUGH: A Total Waste of Time and Effort...
SAVAGE: America has been 'hoodwinked'...
DAILY SHOW: Where are the Tax INCREASES?
FT: Obama's image takes beating...
Ron Paul Sounds Alarm on 'Disturbing' Super
Congress...
DER SPIEGEL: 'Civil War Atmosphere' in Washington...
Dollar falls to all-time low against Swiss franc...
PUTIN: USA 'parasite' on global economy...
[Unfortunately, this is very true. More unfortunately is the fact that most
worldwide don’t realize that fact! I mean, think about it: pervasively corrupt,
defacto bankrupt america’s cancerous
perma wars, over-printed debased ‘Weimar’ paper ‘reserve’ currency, huge
frauds in securities and otherwise, etc..
]
House approves debt deal -- day before deadline!
Borrowing to surge after cap raised...
May not save AAA rating...
BIDEN [‘Lobotomy Joe’]CALLS TEA PARTY 'TERRORISTS'[
Riiiiight, ‘Lobotomy Joe’; anything you say joe, now calm down… ]
Manufacturing drops to lowest level in two years...
'Double Dip Here'...
RI Town Files for Bankruptcy...
Dog Airlifted Out of National Forest After Growing
Too Tired to Finish Hike... [ Just another dog day afternoon in
pervasively corrupt, defacto bankrupt america. ]
SURVEY: Internet Explorer users have lower IQs...
Obama Threatens Another Veto...
Just hours after urging compromise...
Carney Admits Obama Has No Plan...
BALL IN YOUR COURT, HARRY[, aka Mr. Milktoast, aka
Majority Leader of Harry’s Wh*r* House]!
SWEAT CEILING: House approves debt bill...
NO! 22 REPUBLICANS BUCKED BOEHNER...
DC racing against clock...
HARRY BELAFONTE: Obama 'has failed'...
NOONAN: 'HE IS A LOSER'...
GALLUP: 40% APPROVAL...
Obama takes debt battle to TWITTER, loses more than
33,000 followers...
NYT reporter advises WH staff?
Illegal Aliens Head South to Mexico in Search of
'American Dream'...
4.9% unemployment in Mexico vs. 9.4% in US...
Black Middle Class Eroding As Unemployment Rate
Soars...
CHAOS... CLOCK TICKING... NO PANIC...
THE VOTE: 'TEA PARTY' IN CHARGE!
Boehner Delays Vote on Debt...
Limbaugh: We've Been Played...
GALLUP: Obama Rates Higher Than Boehner, Reid on Debt
Situation!
Ron Paul: 'Default Is Coming'...
Treasury Contingency Plan on Debt Gives Priority to
Bondholders...
Carney: If We Have No Other Alternative We Will 'Take Action'...
Obama faces legal bind if time runs out...
PELOSI: 'We're Trying to Save Life on Planet as We
Know it'… [ Riiiiight! Keep feeding those perma wars despite bankruptcy of this
nation … Is life as she knows it on this planet really death? … Why does
‘doo,doo,doo,doo’ to the tune of Twilight Zone Theme come to mind when hearing her
total b***s***?…Oh, riiiiight! She’s caught wobamanoid fever ] ...
6 days from 'default', both sides scrambling...
FURY OVER STALEMATE BOILS OVER...
House Dem leader urges Obama to raise
debt ceiling without Congressional approval...
SHOCK POLL: 46% Think Most in Congress Corrupt...
WASHPOST/ABC: Blacks, liberals flee in droves...
SANDERS: Obama should face primary challenger...
The Immelt Way: WH Advisor on Jobs Moving GE X-Ray
Business to China...
OBAMA SECRETLY SIGNALS BANKS: 'NO
DEFAULT'...
WH to FOXNEWS: 'Tell your viewers there's nothing to
worry about'...
BORGER: 'Nobody today is talking about tax increases
-- except Barack Obama'...
TWT: Liberals hijacking Reagan to raise taxes...
PANIC: WH'S PFEIFFER SAYS DEFAULT COULD LEAD TO
'DEPRESSION'...
CA seeks bridge loan to pay bills...
Guv OKs financial aid for illegal aliens...
Brazilian currency at highest level since '99...
USA Can Avoid Default 'at Least Until September'...
Obama still pushing for tax hikes...
Endorses New Plan with 'Sham' Savings...
'Cuts' include money not spent in Afghanistan over
next 10 years...
BOEHNER: Plan 'full of gimmicks'...
'DOING THINGS ON MY OWN VERY TEMPTING'
[Why would anyone believe or follow anything ‘wobama the b’ (for b***s***) says
when his actions belying his words have led to this disaster? Hasn’t he ‘done
things on his own’ and contrary to campaign promises leading to this debacle?
Indeed, he cannot be trusted! ]
Widest wealth gap between whites,
minorities on record … [and they’re thanking ‘wobama the b’ (for b***s***)] ...
DEPENDANT STATES OF AMERICA: Geithner
Warns: 'We Write 80 Million Checks a Month'...
BOEHNER TO OBAMA: 'CONGRESS WRITES
THE LAWS, YOU DECIDE WHAT YOU WANT TO SIGN'...
...President 'worried about his next election'
...Putin considering Kremlin return
Pelosi splits, heads to fundraiser...
CNN: OBAMA LOSING LIBERALS...
Farm thieves target grapes, avocados -- even bees...
Thieves target ambulances...
Thieves Steal 100 Storm Drain Covers In Sacramento...
RASMUSSEN SHOCK POLL: Obama 41% Ron Paul 37%...
DEBT DEAL DEAD...
BOEHNER WALKS...
Terrorism shatters peace in home of Nobel prize...
NYT: 'Helpers of Global Jihad' claim...
Fake cop opens fire at youth camp...
'Tall, blond, of Nordic looks'...
REUTERS UPDATE...
BBC LIVE...
Obama, Boehner discuss new debt plan... Developing...
PRESSURE: S&P renews warning...
SCORCH: HIGH TEMPS TO LAST WEEKS...
Now covers 1 million sq miles...
NEW YORKERS WARNED TO EXPECT ROLLING OUTAGES...
Rolling Blackouts Begin In Detroit...
Fears mount about 'Big Brother' database in
Massachusetts...
Florida made $63M selling names, addresses, dates of
birth...
Latin America Lectures US over Debt Crisis...
US talks get 'messy'...
Obama now open to short-term deal...
Euro meltdown: Sarkozy jets into Berlin for crisis
talks with Merkel...
24 HOURS TO 'SAVE GREECE'...
Ron Paul: 'We Will Default, Debt Is Unsustainable'...
DEAL: SENATE HUDDLES TO HIKE TAXES...
Obama praises...
RESTATES THREAT TO VETO SPENDING CUTS...
LIBS EYE DEEP CUTS TO NATIONAL DEFENSE...
Cash-Strapped Connecticut Fire Sale, To Axe 365-Year-Old Ferry, Nation's Oldest...
OBAMA MAKES JOKE; NO ONE LAUGHS...
Gold Has Longest Run of Gains Since 1980...
Gas prices on the rise; top $4 in eight states...
Cash-Strapped SF To Shutter Courtrooms; Lay Off 200 Court
Workers (and yet another feinstein? From direct experience with the superior
courts of california, no loss here, and eliminating them entirely not a bad
idea in light of their costly corruption as in the federal system! )...
DEM FLASHES RACE CARD IN DEBT DEBATE...[
Oh come on! This jive-talking, failed ‘president’ has been indulged in every
way imaginable and possible (all those false campaign promises that got him
elected, etc.). He may not have been the first (clinton has been said even by
blacks to have been the first ‘black president’), but he most assuredly is the
last black president, fitting every negative stereotype imaginable including
racist hypocrisy. UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... ‘ignore cases that involve black defendants and white
victims ' Cases against Wall Street lag
despite Holder’s vows to target financial fraud WP
Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State
Because It Won’t Prosecute Financial Crime Washington’s Blog Roche 'The worst part of it ...Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billions from the fraud )THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
'Only THIS president has received the kind attacks
and disagreements'...
BOEHNER: HE HAS NO PLAN... [ It’s true; ‘wobama the b’ (for b***s***) has no plan
whatsoever. Ask Mr. Teleprompter. ]
KRAUTHAMMER: CALL THE BLUFF!
Feds Issue Warning After 4 Mailboxes Lifted From Post
Offices...
O'DRAMA...
'ENOUGH IS ENOUGH'...
WALKS OUT OF WHITE HOUSE MEETING...
'DON'T CALL MY BLUFF'...
REID CALLS CANTOR NAMES...
CAMP DAVID SUMMIT?
BOEHNER: NO NEED...
MCCONNELL: GOP won't be 'tax collectors for Obama
economy'...
Hometown congressman tells Obama to 'quit lying'...
PELOSI: 'Almost too busy' to continue debt talks...
GEITHNER: Out of time...
Cash-Strapped NYC Fines Man $2,000 -- For Not
Watering Beehive?
STUDY: Black men survive longer in prison than out...
Man falls into Maui blow hole, disappears...
PRESSURE: MOODY'S PUTS USA ON
DOWNGRADE WATCH
Boehner Rails on Obama: 'Like dealing with Jell-O'...
WH Cracks Down on Press: No Yelling at Obama Today...
President 'chafes' at unscripted questions...
BERNANKE BARKS BACK AT PAUL...
Fed May Launch New Round of Stimulus...
DOLLAR TUMBLES...
Putin calls Feds 'hooligans'...
Gold hits new high...
DEBT TALKS BREAK DOWN...
McConnell: Deal Not Possible With Obama … [ I think
this shoe fits wobama ... African-American unemployment at 16% ... (But there’s
rationality in this stat as people avoid their disgustingly uncivilized noisy
rap ‘boomboxes’. Then there’s the attitude. I truly believe from direct experience
that even when their outright aggression, assaults on persons and the senses,
and otherwise obnoxious behavior is not apposite, the personality disorder
‘passive / aggressive’ is applicable, however indirectly expressed.) ] ...
'Backup plan'...
OBAMA THREATENS TO HOLD UP
SOCIAL SECURITY CHECKS
RUBIO: Every Aspect of Life in America is Worse Since
Obama Took Over...
GE Immelt lectures biz owners: 'Stop complaining
about government'...
FLASHBACK: (GE )Company Paid NO TAXES Last Year...
OBAMA: LET'S STAY IN IRAQ...
FLASHBACK: 'I intend to remove all U.S. troops from
Iraq by the end of 2011'...
KARZAI'S BROTHER ASSASSINATED IN KANDAHAR...
Gunned down in home by bodyguard...
'Huge boost for Taliban'...
Obama 'far apart' from Republicans on debt deal...
Boehner: Debt Deal Not Imminent...
TORMENT @ 9.2%
State and local governments bleeding jobs...
Top Obama adviser says unemployment won't be key in
'12 … (riiiiight!…talk about wishful thinking and self-delusion)...
BUCHANAN: DC Establishment 'in Panic'...
S&P WARNS GREECE OF DEFAULT -- EVEN WITH BAILOUT!
'Impossible knot'...
SANTELLI: 'The answer is easy: Spend less!'
Italy's borrowing costs soar...
Berlusconi appeals for national unity
and 'sacrifices'...
New Fears on Italy Jolt Europe...
Soros: Europeans now need 'plan B'...
Mob Of Teenage Girls Attacks Minneapolis Mom,
4-Year-Old Daughter...
Air Conditioner Thieves Hit 7 Churches In Texas...
THEY'RE HERE! [ Uh! That ‘nausea’ factor;
though not nearly of the magnitude of america’s unctuous duo, ‘wobama the b’
(for b***s***) and michelle his belle (see infra). After all, the cloyingly
cutesy couple from across the pond is hardly in a position to do damage as are
the wobamas. Yet, one must ask: just what exactly are they? Mascots?
Non-emmissary emissaries? Indeed, in this economy it’s quite embarrassing for
members of the so-called commonwealth, struggling economically and otherwise,
england/uk being no exception (royals wealth’ is ultimately the product of
common expense) to be celebrating celebrity for the sake of nothing more than
celebrity. Worse is the pathetic display here in the defacto bankrupt disunited
states (uk not much better and in many ways worse) relative to their former
colonial masters. Then there was that ostentatious marriage display so well
publicized even as the uk’s (eu, u.s. et als) ‘rank and file’ are sacrificing
and the respective nation states crumbling. Even so-called celebrities here
shun such meaningless displays of themselves and at least serve a cinematic
(art form) purpose. Truth be told, I bear them no ill will; but, I bear them no
good will either. After all, quite simply, they are but a meaningless,
extravagantly costly welfare couple that are simply irrelevant. How pathetic
and embarrassing for their fans, followers, onlookers and their liege. And,
though I’m biased (I think Grace Kelly to have been the most exquisite of
creatures to have graced this earth – Alfred Hitchcock with an eye for such
things thought so too and said as much), clearly Prince Albert of Monaco and
his bride’s wedding was tastefully and not cloyingly about right. Now that’s
real royalty via Grace Kelly; with a purpose; the management / leadership of a
prime travel / gambling / entertainment / resort destination; viz., Monaco. ]
BOEHNER: Taxes 'off table'...
Debt Talks Turn to Social Security
Cuts...
CHARGE: Bypassing Congress to raise debt would be
'impeachable'...
LONDON BRIDGES FALLING DOWN:
Coulson 'to be arrested tomorrow'...
Gov't decision on SKY takeover 'delayed'...
UPDATE: China warns U.S. officials not to meet Dalai
Lama...
CHICAGOLAND: THIEVES STEAL ENTIRE A/C UNITS FROM
HOUSES
UPDATE: Teen Dead After Beach Brawl...
Wisc beating victim: 'They just said "Oh, white
girl bleeds a lot"'...
US Lawmakers Accuse DOJ of Cover-up in Botched
Gun-Running Op...
CA Prison Shrink Paid $838,706 Last
Year...
CA companies flee state...
No recession for 454 White House aides: They'll make
$37,121,463 this year...
United States of 'gloom'...
Iran Ridicules: America is Not Independent...
SHOCK: Father with HIV raped 6-month-old son...
MEDIA BLOWS IT, AGAIN...
NANCY GRACE LEFT SPUTTERING: 'SOMEWHERE OUT THERE,
THE DEVIL IS DANCING TONIGHT'...
Attorney: Case Was 'Media Assassination'...
'Now you have learned a lesson'...
CBS host breaks down...
'TOT MOM' CLEARED BY COURT...
JURY: NO MURDER!
Only guilty of lying to cops...
Portugal's Debt Downgraded to Junk...
CHINA: USA 'ALREADY DEFAULTING'...
DOLLAR TO 'LOSE RESERVE STATUS'
Economy Expected to Have Major Slide in Months Ahead...
NEW IMF CHIEF FROM CHICAGOLAND...
MARK HALPERIN CALLS OBAMA 'A DICK' ON LIVE TV...
POLL: Obama 42%, any Republican 46%...
Campaign signals fundraising fail...
UPDATE: Minnesota Government Shuts Down...
Washington state closes tourism office...
Florida state workers get pink slips, more cuts
ahead...
FEDS STRIKE DOWN STATE'S BAN ON RACE CONSIDERATION IN
COLLEGE ADMISSIONS...
SoCal Looks to Secede from California...
REPORT: U.S. Air Force, Navy still flying hundreds of
missions over Libya...(FLASHBACK: Obama: U.S. Involvement Would Last 'Days,
Not Weeks'... OBAMA FIGHTS FOR HIS RIGHT TO BOMB LIBYA...)
GETTING NERVOUS
NEWT: Obama 'most successful food stamp president in
American history'...
Palin: Hollywood stars as 'full of hate'... ["What would make someone be so full of
hate?" palin asks … answer: resistance to someone as dumb and full of
war-mongering hate as she is! ]
REPORT: NATO forces ARE trying to
assassinate Qaddafi...
Los Alamos under siege from
wildfire...
'Throwing absolutely everything at
this that we got'...
BLAGO LIKELY HEADED TO PRISON...
'What happened?'
But he gets to keep his hair...
Fitz finally wins one!
GUILTY IN CHICAGOLAND...
17 of 20 counts...
Tried To Sell Obama's senate seat...
Jury DEADLOCKED on Rahm shakedown...
Blago to lawyer: 'What happened?'
'Stunned'...
JOBLESS WEAK: 429,000...
...disappointed
Economic trouble puzzles Fed chief...
FARRAKHAN: 'THAT'S A MURDERER IN THE WHITE HOUSE'...
THE NEW 'NORMAL'
GALLUP PLUNGE...
Approval -4, disapproval +5 -- in one day!
DOWN TO THIRD: USA 'TO FALL BEHIND INDIA' IN TRADE...
DEM FIX: MORE SPENDING!
Bernanke speaks, stocks sink...
FORBES: 'Admits he's clueless'...
CBO: Long-Term Debt Picture Worsens...
Would reach 101% of GDP by 2021...
STUDY: State, local gov'ts must raise taxes $1,400 a year for 30 years to fund pensions...
Millionaires shrug off downturn; Wealthy richer than
before crisis...
Zuckerman: 'We now have more idle men, women than at
any time since Great Depression'...
SHOCK POLL: ONLY 3 in 10 WILL VOTE FOR OBAMA...
66% say US headed in 'wrong direction'...
Greece Agrees on New Austerity Plan With EU, IMF...
ANGER IN ATHENS...
'BLACK HOLE'...
DEBT TALKS BREAKDOWN; TAX BUST
S&P: Risk of U.S. credit rating downgrade
increased...
Chicago county faces $108 billion gap in pensions....
Greek Streets 'Explosive'...
PM wins confidence vote 'but outlook remains dire'...
Huntsman announces presidential bid at Statue of
Liberty...
Harry Reid endorses...
Bachmann surges to primary lead...
Iraq hunting $17 billion missing after U.S.
invasion...
NATO NIGHTMARE: 9 CIVILIANS KILLED [NATO strike kills 15 Libyan civilians]
Census: Whites lose majority among babies...
German Giant Says US Workers Lack Skills...
PAPER: AMERICA'S LOST DECADE?
States look to Internet taxes to close budget gaps...
SPANIARDS ON MARCH OVER BLEAK PROSPECTS...
House will move this week to limit
funding for effort in Libya...
'DON'T BE SURPRISED IF ATHENS GOES UP IN FLAMES'...
GREEK PM PLEADS FOR UNITY!
...warns against default
Threat to downgrade Italian debt raises contagion
fears...
Princess Diana Conspiracy Movie Headed to Theaters...
[ Uh, oh! Time to gear up the already harsh ‘censors’ in england. ]
Bachmann: Obama 'has failed' blacks, Hispanics...
[ Come on! ‘Wobama the b’ (for b***s*** has failed everyone. ]
Presidential no-show miffs Hispanics...
African-American unemployment at 16%... [
But there’s rationality in this stat as people avoid their disgustingly
uncivilized noisy rap ‘boomboxes’. Then there’s the attitude. I truly believe
from direct experience that even when their outright aggression, assaults on
persons and the senses, and otherwise obnoxious behavior is not apposite, the
personality disorder ‘passive / aggressive’ is applicable, however indirectly
expressed. ]
SHE'S OFF! (on the road again) Michelle Obama embarks
on Africa visit … (stay there!) ...
Michelle Obama Admits: 'Fortunately,
We Have Help From The Media'...
CHICAGOLAND: Rahm's Top Cop Blames Gangs, Crime on
'Gov't-Sponsored Racism'...
Likens federal gun laws to 'racism'...
Teen Mob Of 50 Hits Chicago WALGREENS...
Teen brutally beaten by mob of blacks; cops mull 'lynching' charge...
Princess Diana Conspiracy Movie Headed to Theaters... [ British queen arrives in
Ireland Queen Elizabeth II’s visit overshadowed by security scares.
(Washington Post) [ ‘How sweet she is’ … that ‘sweet liz’ … that is … Diana film causes stir at
Cannes “Unlawful Killing”
has a combination of celebrity, controversy and canny hype-mongering.
(Washington Post) [ Let’s not kid
ourselves … and, Dodi Fayed’s father was no dope and knew the score. Indeed,
it’s not coincidental that William’s the over-riding favorite of granny Liz II;
after all, Harry’s the bastard son of Hewitt (don’t buy into their DNA proffer
which they did buy – you know, that ‘bloodline thing’). Moreover, it was
reported that Diana had another ‘potential challenger in the oven’ at the time
of her death and we all know how dicey such english affairs of state can be
(ie., Henry VIII, Richard III, etc.). Then there’s the contempt of Diana for
having brought the son of her bosom, Chas, down. Do I think she said flat out
‘kill Diana’. No … more of a ‘do what’s necessary’ to mi6 et als. Ultimately,
William will require some substantial therapy to sort out this looming
conflict. After all, Diana was his mother.
Drudgereport: British woman decapitated in grocery store; killer
flees with head... Cannes: Diana doc slams UK royals as 'gangsters'... ]
Drudgereport: Protesters burn American flag during Obama visit to Puerto Rico -- a U.S. territory... [ I
find even his retirement costs objectionable. Obama: My family is ‘fine’
with one term Politico | President Barack Obama
says his family is “not invested” in a second term. The unctuous pandering by
the wobamas is nauseating. And, michele’s fundraisers? What’s up with that? Wobama’s such a glomming golem /
slug. Obama says if he were Weiner,
he’d resign President Obama
on Monday waded into the debate over whether embattled Rep. Anthony Weiner
should step down, saying, “If it was me, I would resign..Barack Obama: The Naked
Emperor Shocking but true revelations from David Icke| ..Obama is
just more of the same, a big smile with strings attached, and controlled
completely by those that chose him, trained him, sold him and provided his
record funding, kept his many skeletons under wraps, like the gay sex and crack
cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to
be with your Presidential camp, who is alleged to claim that someone claiming
to represent me called asking for $100,000, to keep me from coming forward
about our (Obama and I) November 1999 encounter of sex and cocaine use?), ...
Obama is just another Banksters' moll prostituting himself .., and that's why
he supported the grotesque bail-out of the banking system and why he will
always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv
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