11-28-11 POSTS 

 

[To today’s News / Topics]

 

 

 

 

 

 

 

 

 

Dear Congresswoman Roybal-Allard:

 

Thank you once again for the courtesy extended to me in apprising me of and seeking my input concerning the post office closings. Yet, as previously set forth in response to your query, I’m for any and all cuts in service / facilities of the usps in light of my experience with the usps including the unreliability of same. UPS is reliable and well managed and to see them takeover the usps would be a welcome development since the usps is unreliable and poorly managed as set forth previously, infra. I include previous responses for ease of reference. As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago;  and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference.

 

 

Thank You Again.

 

Sincerely,

 

Albert L. Peia

 

 

Post script: In pertinent part (correspondence to FBI ADIC Martinez )regarding two sets of disks waylaid by usps once with delivery confirmation priority mail, and the second priority certified mail: ‘ *The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ‘

 

 

 

10-13-11

 

Dear Congresswoman Roybal-Allard:

 

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

 

Sincerely,

 

Al Peia

 

 

 

9-29-11

Dear Congresswoman Roybal-Allard:

 

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

 

What do you think of the American Jobs Act?

Hide Details

FROM:

TO:

·         albert_peia@yahoo.com

Message flagged

Thursday, September 29, 2011 11:33 AM

 

 

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

 

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

 




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

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

 

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

 

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

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

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

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP | Obama has promised to hold Wall Street accountable for the meltdown.        


THE OBAMA DECEPTION’  http://albertpeia.com/obamadeceptionhighqualityversion.flv    

 

 

 ------------

 

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


Dear Mr. Peia:

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

 

                  -----

 

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

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

9-28-11

Dear Congresswoman Roybal-Allard:

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

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

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

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



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

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office c! ould not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]



The following includes the context relating to the foregoing:




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

I believe him!

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



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

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


Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024


Dear Sir:

I enclose herewith 3 copies of the within DVD rom autorun disk (which will open in your computer's browser) as per your office's request as made this day (the disk and contents have been scanned by Avast, McAfee, and Norton which I've installed on my computer to prevent viral attacks / infection and are without threat). I also include 1 copy of the DVD as filed with the subject court as referenced therein (which files are also included on the aforesaid 3 disks in a separate folder named '112208opocoan'). The (civil) RICO action (as you're aware, the RICO Act is a criminal statute which provides a civil remedy, including treble damages and at! torney fees, as an incentive for private prosecution of said claims pr obably owing to the fact that the USDOJ seems somewhat overwhelmed and in need of such assistance given the seriousness and prevalence of said violations of law which have a corrupting influence on the process, and which corruption is pervasive). A grievance complaint against Coan was also filed concurrently with the subject action and held in abeyance pending resolution of the action which was illegally dismissed without any supporting law and in contravention of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District Connecticut. The files below the horizontal rule are the referenced documents as filed. (Owing to the damage to the financial interests of both the U.S. and the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal False Claims Act probably would apply and I would absent resolution seek to refer the within to a firm with expertise in that area of the law with which I am not familiar).


Th! e document in 5 pages under penalty of perjury I was asked to forward to the FBI office in New Haven is probably the best and most concise summary of the case RICO Summary to FBI Under Penalty of Perjury at Their Request (5 pages) [ ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].


The correspondence I received from the Congresswoman by way of email attachment (apparent but typical problem with my mail) along with my response thereto is included on the 3 disks as fbicorrespondencereyes.htm . With regard to the calls to the FBI's LA and New Haven, CT offices: There was one call to the LA office and I was referred to the Long Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the money laundering which he confirmed as indicative of same (he was transferred from said office within approximately a month of said meetin! g and his location was not disclosed to me upon inquiry). The matter w as assigned to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade until he abruptly retired (our last conversation prior to his retirement related to the case and parenthetically, Rudy Giuliani whose father I stated had been an enforcer for the mob to which he registered disbelief and requested I prove it, which I did - he served 12 years in prison, aggravated assault/manslaughter? - and no, there is no Chinese wall of separation - Andrew Maloney's the one that prosecuted gotti).


In contradistinction to the statement in said correspondence, there is a plethora of information including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set forth in the case, inter alia,



* A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted ! for and which could be used for payment to creditors, Los Angeles, etc..
* Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
* The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan's failure to file anything whatsoever by the court's deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan's Failure to File Page 1 Page 2 ]
* Defendant Coan had filed an action against me to prevent me from suing him which necessitated me to fly to Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District o! f Connecticut, who denied Coan's requested relief as to Coan but precl uded my action against Shiff (although there is no immunity, judicial or otherwise, for criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) . [ transcript in pertinent part - http://albertpeia/crossexamofcoanbypeia.pdf ]
* Newly appointed judge, Maryanne Trump Barry, Donald Trump's sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.

* Probative and evidentiary documents, affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met personally at the U.S. Attorney's Office in Newark, N.J., at which time Samuel Alito was U.S. Attorney, and went over said documents and their probative value with him. Within approximately a month thereafter upon inquiry I was told that Jonathon Lacey was no longer with the office, that the file/documents could not be located, and that there was no further information available concerning contacting him or his location. I thereupon delivered by hand, copies of said documents to the office of then U.S. Attorney Alito, addressed to him, with assurance they would go directly to him. In addition to being inept [ I looked in on the one mob case he had brought, bungled, lost (accidently on purpose?) since I was suing some mob-connected under RICO and the court (I had known / previously met outside of court the judge Ackerman through a client) was absolute bedlam and a total joke since incompetent ! corrupt Alito brought in all 20 mob defendants (rather than prosecute one or a few to flip them first) who feigning illness had beds/cots in the courtroom along with their moans during testimony and had the jury in stitches. As much as I hate the mob, it truly was funny, if not so tragic.], Alito is also corrupt (and maybe corrupt because he is inept). After a reasonable (but still rather short) time I called to determine the status and was told that Alito was no longer with the Office of the U.S. Attorney, that he was (appointed) a federal judge, and that neither the documents nor any file or record of same could be located. Alito did parley the same / cover-up into quid pro quo direct lifetime appointment to the Court of Appeals, 3rd circuit, despite the absence of judicial experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is the same Sam Alito that now sits on the purported highest court in the land. The real application of the illegal rule 'don't ask, don't tell'.



There is applicable ins! urance / surety coverage and neither LA, nor creditors, nor I should continue to have been damaged by this brazened corrupt and illegal scenario, which should be resolved in accordance with the meaningful rules of law apposite thereto.


Sincerely,


Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with the line, computer connection may be the reason but I hesitate to chance greater non-performance / worsening by their 'fix' so cell phone best for contact).{recent change 323-786-6651 -magic jack}


----------

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks w! ith navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]


http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf  http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm  Cases against Wall Street lag despite Holder's vows to target financial fraud WP Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State Because It Won't Prosecute Financial Crime Washington's Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
CRIME STATS(u.s.No.1)
RankCountriesAmount
# 1United States :11,877,218
# 2United Kingdom :6,523,706
# 3Germany :6,507,394



UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE... 'ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holder's vows to target financial fraud WP | Obama has promised to hold Wall Street accountable for the meltdown.

THE OBAMA DECEPTION' http://albertpeia.com/obamadeceptionhighqualityversion.flv


http://www.albertpeia.com

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

http://albertpeia.com/fbimartinezcongallard.htm

Sincerely and Regards,

Al Peia

Thank you for sending me your email

 

9-29-11

Dear Congresswoman Roybal-Allard:

 

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

 

What do you think of the American Jobs Act?

Hide Details

FROM:

TO:

·         albert_peia@yahoo.com

Message flagged

Thursday, September 29, 2011 11:33 AM

 

 

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

 

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


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

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

 

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

 

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

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

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

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP | Obama has promised to hold Wall Street accountable for the meltdown.        


THE OBAMA DECEPTION’  http://albertpeia.com/obamadeceptionhighqualityversion.flv    

 

 

 

 ------------

 

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


Dear Mr. Peia:

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

 

                  -----

 

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

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

9-28-11

Dear Congresswoman Roybal-Allard:

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

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

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

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



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

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office c! ould not locate same). This cover letter (9-13-10) is on the 3 disks w ith navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]


The following includes the context relating to the foregoing:


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

I believe him!

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



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

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


Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024


Dear Sir:

I enclose herewith 3 copies of the within DVD rom autorun disk (which will open in your computer's browser) as per your office's request as made this day (the disk and contents have been scanned by Avast, McAfee, and Norton which I've installed on my computer to prevent viral attacks / infection and are without threat). I also include 1 copy of the DVD as filed with the subject court as referenced therein (which files are also included on the aforesaid 3 disks in a separate folder named '112208opocoan'). The (civil) RICO action (as you're aware, the RICO Act is a criminal statute which provides a civil remedy, including treble damages and at! torney fees, as an incentive for private prosecution of said claims pr obably owing to the fact that the USDOJ seems somewhat overwhelmed and in need of such assistance given the seriousness and prevalence of said violations of law which have a corrupting influence on the process, and which corruption is pervasive). A grievance complaint against Coan was also filed concurrently with the subject action and held in abeyance pending resolution of the action which was illegally dismissed without any supporting law and in contravention of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District Connecticut. The files below the horizontal rule are the referenced documents as filed. (Owing to the damage to the financial interests of both the U.S. and the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal False Claims Act probably would apply and I would absent resolution seek to refer the within to a firm with expertise in that area of the law with which I am not familiar).


Th! e document in 5 pages under penalty of perjury I was asked to forward to the FBI office in New Haven is probably the best and most concise summary of the case RICO Summary to FBI Under Penalty of Perjury at Their Request (5 pages) [ ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].


The correspondence I received from the Congresswoman by way of email attachment (apparent but typical problem with my mail) along with my response thereto is included on the 3 disks as fbicorrespondencereyes.htm . With regard to the calls to the FBI's LA and New Haven, CT offices: There was one call to the LA office and I was referred to the Long Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the money laundering which he confirmed as indicative of same (he was transferred from said office within approximately a month of said meetin! g and his location was not disclosed to me upon inquiry). The matter w as assigned to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade until he abruptly retired (our last conversation prior to his retirement related to the case and parenthetically, Rudy Giuliani whose father I stated had been an enforcer for the mob to which he registered disbelief and requested I prove it, which I did - he served 12 years in prison, aggravated assault/manslaughter? - and no, there is no Chinese wall of separation - Andrew Maloney's the one that prosecuted gotti).


In contradistinction to the statement in said correspondence, there is a plethora of information including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set forth in the case, inter alia,



* A judgment had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted ! for and which could be used for payment to creditors, Los Angeles, etc..
* Counsel Robert Sullivan on my behalf documented by way of certification upon investigation that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false statement he predicated a retaliatory and spurious contempt proceeding against me causing substantial damage, and for which he sought Judicial Notice of those and related proceedings as did I in some of my filings.
* The Order of Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan's failure to file anything whatsoever by the court's deadline causing creditors and me substantial damages: [ Shiff Order of Dismissal With Prejudice on Coan's Failure to File Page 1 Page 2 ]
* Defendant Coan had filed an action against me to prevent me from suing him which necessitated me to fly to Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC, District o! f Connecticut, who denied Coan's requested relief as to Coan but precl uded my action against Shiff (although there is no immunity, judicial or otherwise, for criminal acts, ie., fraud connected with a case under Title 11, USC, etc.) . [ transcript in pertinent part - http://albertpeia/crossexamofcoanbypeia.pdf ]
* Newly appointed judge, Maryanne Trump Barry, Donald Trump's sister, was assigned the RICO case despite the conflict of interest in light of hundreds of thousands of dollars of illegal (drug) money being laundered through the Trump casinos by the RICO defendants, and despite my motion to recuse her which motion she heard herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to join or file a separate motion to recuse and not long thereafter left said office for private practice at Cole, Shotz, et als on retainer with the RICO defendants as his primary client.

* Probative and evidentiary documents, affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes in Long B! each, CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met personally at the U.S. Attorney's Office in Newark, N.J., at which time Samuel Alito was U.S. Attorney, and went over said documents and their probative value with him. Within approximately a month thereafter upon inquiry I was told that Jonathon Lacey was no longer with the office, that the file/documents could not be located, and that there was no further information available concerning contacting him or his location. I thereupon delivered by hand, copies of said documents to the office of then U.S. Attorney Alito, addressed to him, with assurance they would go directly to him. In addition to being inept [ I looked in on the one mob case he had brought, bungled, lost (accidently on purpose?) since I was suing some mob-connected under RICO and the court (I had known / previously met outside of court the judge Ackerman through a client) was absolute bedlam and a total joke since incompetent ! corrupt Alito brought in all 20 mob defendants (rather than prosecute one or a few to flip them first) who feigning illness had beds/cots in the courtroom along with their moans during testimony and had the jury in stitches. As much as I hate the mob, it truly was funny, if not so tragic.], Alito is also corrupt (and maybe corrupt because he is inept). After a reasonable (but still rather short) time I called to determine the status and was told that Alito was no longer with the Office of the U.S. Attorney, that he was (appointed) a federal judge, and that neither the documents nor any file or record of same could be located. Alito did parley the same / cover-up into quid pro quo direct lifetime appointment to the Court of Appeals, 3rd circuit, despite the absence of judicial experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is the same Sam Alito that now sits on the purported highest court in the land. The real application of the illegal rule 'don't ask, don't tell'.



There is applicable ins! urance / surety coverage and neither LA, nor creditors, nor I should continue to have been damaged by this brazened corrupt and illegal scenario, which should be resolved in accordance with the meaningful rules of law apposite thereto.


Sincerely,


Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with the line, computer connection may be the reason but I hesitate to chance greater non-performance / worsening by their 'fix' so cell phone best for contact).{recent change 323-786-6651 -magic jack}


----------

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks w! ith navigable hyperlinks to the subject files for ease of reference, i ncluding the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]


http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm Cases against Wall Street lag despite Holder's vows to target financial fraud WP Obama has promised to hold Wall Street accountable for the meltdown. America Is a Failed State Because It Won't Prosecute Financial Crime Washington's Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm
CRIME STATS(u.s.No.1)
RankCountriesAmount
# 1United States :11,877,218
# 2United Kingdom :6,523,706
# 3Germany :6,507,394


UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE... 'ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holder's vows to target financial fraud WP | Obama has promised to hold Wall Street accountable for the meltdown.

THE OBAMA DECEPTION' http://albertpeia.com/obamadeceptionhighqualityversion.flv


http://www.albertpeia.com

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

http://albertpeia.com/fbimartinezcongallard.htm

Sincerely and Regards,

Al Peia

 

Thank you for sending me your email.

 

 

                                                                                                                                                                                       9-28-11

Dear Congresswoman Roybal-Allard:

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

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

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

 

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

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


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

                       ----------

 

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]

 

 

The following includes the context relating to the foregoing:

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

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

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

 

I believe him!

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

 

 

 

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

 

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

 

 

Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700

Los Angeles, CA 90024

 

 

Dear Sir:

 

I enclose herewith 3 copies of the within DVD rom autorun disk (which will open in your computer’s browser) as per your office’s request as made this day (the disk and contents have been scanned by Avast, McAfee, and Norton which I’ve installed on my computer to prevent viral attacks / infection and are without threat). I also include 1 copy of the DVD as filed with the subject court as referenced therein (which files are also included on the aforesaid 3 disks in a separate folder named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act is a criminal statute which provides a civil remedy, including treble damages and attorney fees, as an incentive for private prosecution of said claims probably owing to the fact that the USDOJ seems somewhat overwhelmed and in need of such assistance given the seriousness and prevalence of said violations of law which have a corrupting influence on the process, and which corruption is pervasive). A grievance complaint against Coan was also filed concurrently with the subject action and held in abeyance pending resolution of the action which was illegally dismissed without any supporting law and in contravention of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District Connecticut. The files below the horizontal rule are the referenced documents as filed. (Owing to the damage to the financial interests of both the U.S. and the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal False Claims Act probably would apply and I would absent resolution seek to refer the within to a firm with expertise in that area of the law with which I am not familiar).

 

 

The document in 5 pages under penalty of perjury I was asked to forward to the FBI office in New Haven is probably the best and most concise summary of the case  RICO Summary to FBI Under Penalty of Perjury at Their Request (5 pages)      [  ricosummarytoFBIunderpenaltyofperjury.pdf   http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf          ].

 

 

The correspondence I received from the Congresswoman by way of email attachment (apparent but typical problem with my mail) along with my response thereto is included on the 3 disks as     fbicorrespondencereyes.htm     .   With regard to the calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA office and I was referred to the Long Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the money laundering which he confirmed as indicative of same (he was transferred from said office within approximately a month of said meeting and his location was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade until he abruptly retired (our last conversation prior to his retirement related to the case and parenthetically, Rudy Giuliani whose father I stated had been an enforcer for the mob to which he registered disbelief and requested I prove it, which I did – he served 12 years in prison, aggravated assault/manslaughter? – and no, there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted gotti).

 

 

In contradistinction to the statement in said correspondence, there is a plethora of information including evidence supporting the claims set forth in the    RICO VERIFIED COMPLAINT    (see infra). Such includes and as set forth in the case, inter alia,

 

 

 

 

There is applicable insurance / surety coverage and neither LA, nor creditors, nor I should continue to have been damaged by this brazened corrupt and illegal scenario, which should be resolved in accordance with the meaningful rules of law apposite thereto.

 

 

Sincerely,

 

 

Albert L. Peia

611 E. 5th Street, #404

Los Angeles, CA 90013

(213) 219-**** (cell phone)

(213) 622-3745 (listed land line but there are unresolved problems with the line, computer connection may be the reason but I hesitate to chance greater non-performance / worsening by their ‘fix’ so cell phone best for contact).{recent change 323-786-6651 -magic jack}

 

 

                       ----------

 

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]

 

 

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...      ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP | Obama has promised to hold Wall Street accountable for the meltdown.        


THE OBAMA DECEPTION’  http://albertpeia.com/obamadeceptionhighqualityversion.flv    

 


http://www.albertpeia.com 

 

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


http://albertpeia.com/fbimartinezcongallard.htm  

 

Sincerely and Regards,

 

Al Peia

 

 

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

 

 

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

 

 

 

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

Definition

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

Background

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

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

Content of Resolutions

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

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

Interpretations

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

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

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

 

 

Some more history:

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

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

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

 

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

 

As a former Doctor of Psychiatry, I’m sure Mr. Krauthammer might appreciate the last portion of this comment, infra: Abbas announces U.N. member bid Move appears to seal fate of U.S. efforts to broker a deal to resume Israeli-Palestinian talks. (Washington Post) [ U.S. (israeli) efforts? Resume infinite talks? Is this some parallel universe they’re operating in? Let’s apply the Einstein definition to such a preposterous position promulgated by the u.s. / israelis: ‘Insanity is doing the same thing over and over again and expecting different results.’ Time for action regarding this long overdue independent statehood which should be ‘fate accomplis’! U.N. showdown could test U.S. role in Mideast One week before a United Nations vote over Palestinian statehood, the Obama administration is confronting the stark new limits of its influence. (Washington Post) [  What role? As israel’s mouthpiece? War, war, and more war? Death, destruction, and self-defeat including defacto bankruptcy for the u.s.? Fomenting anti-american sentiment? What role? The role the israeli lobby says is appropriate for america? How foolish america has been! Anxieties mount over Palestinian statehood bid (WP) [ And anxieties mount over no statehood bid! What gives here! Only ‘yesterday’ (not long ago), hillary clinton was talking about the need for and appropriateness of same. Has the israeli lobby, so costly and detrimental to american interests here and abroad, given her and hers a ‘talking to’? . U.S. vetoes Security Council resolution denouncing Israeli settlements (WP) [ Drudgereport: Hillary Clinton: Israeli Settlements 'Illegitimate'… [We know that hill … We’ve known that for quite some time along with their illegal nukes, war crimes, etc…The whole world knows that so don’t just talk about it,DO SOMETHING!]..pervasively corrupt, defacto america’s self-defeating,self-destructive way U.S. vetoes Security Council resolution denouncing Israeli settlements Sounds like a plan!..for self-destruction! ] Israel's fear (WP)[Wake up! Illegal nuke totin’, war crimes nation israel’s fears-p l e a s e, spare me the pro-israeli b*** s*** ! What israel fears is a projection of their own ill-founded motives/actions for which all norms, rules, laws governing civilized behavior are suspended for expedience at the least, and blood-thirst that some posit as a remnant of their historic role as Christ-killers(with roman ‘juice’).  Isn’t it time, in these desperate times for america, to put u.s., not israel’s interests, first.Who cares what israel fears!In 1948, U.S. Secretary of Defense James Forrestal, an opponent of the creation of a Jewish state in Palestine, warned that, even though failure to go along with the Zionists might cost President Truman the states of New York, Pennsylvania, and California, it was about time that somebody should pay some consideration to whether we might not lose the United States!     Israel wary of transition in Egypt, concerned about regional stability (Washington Post) [ Who cares what the paranoid, war criminal, illegal nuke totin’, war criminal israelis are wary of. This country has gone down the tubes cow-towing to the paranoid, self-interested concerns of the psycho / sociopathic zionist israelis who are forever projecting their own pathological motives to every turn of history while ignoring their own culpability in producing the very outcomes they purportedly seek to avoid. War, conflict, greed, bloodshed is the historically based israeli way. ]   A resurgent Syria alarms u.s., israel (Washington Post) [  Tell me! What doesn’t alarm these two paranoid, zionist neo-nazi regimes of oppression, suppression, aggression, and regression. If they were individuals, they’d undoubtedly be diagnosed as psychopaths, sociopaths totally ignorant of the rights of others, laws, civilized behavior as israel pads her illegal nuke arsenals with american supplied weaponry / support while expecting all other nations to ‘role over and die’. Bipolar / manic / depressive, the ups and downs are increasingly difficult for even americans to follow. Obsessive / compulsive thy names are zionist israel / america. Projection / displacement regarding their own illegal acts, war crimes, etc.; what they distinguished from what they do … dissociative identity disorder, (dissociative) psychogenic fugue? Yes … the u.s. and israel are the world’s lunatics, sorely in need of therapy! ]  Syria's fresh interference in Lebanon and its increasingly sophisticated weapons shipments to Hezbollah have alarm officials and prompt Israel's military to consider striking a Syrian weapons depot.
Editorial: Russia and China’s cowardly vetoes (Washington Post) [ How sad … for the editorial board of this newspaper … While there may have been a time when such an observation might have been appropriate, that certainly isn’t so today; nor has it been otherwise so for quite some time. After all, what nation is invading other nations; killing, pillaging, and plundering for the sake of alignment with a regime for which propaganda has displaced even basic historic truths in covering their trail of warring destruction; ie., the coup d’etat / JFK assassination leaving the military industrial complex to their own (self-perpetuating) devices (more conflict / war for bigger budgets / corporate welfare) as warned against by the great though substantially underrated President General Eisenhower. I also must say that there’s been a curious ‘coincidence’ to ‘censor’ of my comments relating the militance of israel and that american faction so detrimental to this nation and the world to the point that complaints about same have been futile and no longer made by me. With the longevity of newspapers already (and quite recently) predictably diminished (obsolescence, agendas, censor, etc.), one would have ‘expected something more’ in terms of the right thing, the honorable thing to do on the way out. Russia, China block Syria resolution They cast a rare double veto on the U.N. Security Council to block a draft resolution condemning Syria for its crackdown. (Washington Post) [ Yes; and even rarer was the rationality that went into such a double veto vote. After all, you don’t see the oppressive, repressive ‘nation state’ (? … family owned? … what’s up with that?) Saudi Arabia treated like Syria. Drugereport: Clashes in Saudi Arabia leave 14 wounded...
Police open fire on civilians... [But this is ok because saudi arabia’s a doormat for israeli/u.s. interests]

Obama rejects Palestinians U.N. bid  While rejecting bid for statehood, president delivers clear statement of support for Israel in speech  (Washington Post) [ Will the real wobama the b (for b***s***) please stand up wobamas john kerry today and gone tomorrow all sides of all issues while standing for nothing at all that talk with netanayahoo they really must have plenty on wobama and yet to be exposed if no co-wop with israel ( even beyond whats already known and not public as it should be THE OBAMA DECEPTION  http://albertpeia.com/obamadeceptionhighqualityversion.flv   ) the republicans, wobama, and democrats are just falling all over one another to please israel, albeit from an elevation no greater than their knees. How totally pathetic they are! How myopic! How totally unprincipled! How self-defeating! How self-destructive! No small wonder pervasively corrupt, defacto bankrupt americas irreparably broken! Americas debt woe is worse than Greeces 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. Were broke for a reason. Weve 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 todays and tomorrows 100 million-plus retirees. The governments total indebtedness its fiscal gap now stands at $211 trillion, by my arithmetic. [source]     Drudgereport: Obama re-affirms desire for Palestinian state...  

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 and wobama herselves in espousing this administrations unequivocal position in support of 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...

Abbas announces U.N. member bid Move appears to seal fate of U.S. efforts to broker a deal to resume Israeli-Palestinian talks. (Washington Post) [ U.S. (israeli) efforts? Resume infinite talks? Is this some parallel universe theyre operating in? Lets apply the Einstein definition to such a preposterous position promulgated by the u.s. / israelis: Insanity is doing the same thing over and over again and expecting different results. Time for action regarding this long overdue independent statehood which should be fate accomplis! U.N. showdown could test U.S. role in Mideast One week before a United Nations vote over Palestinian statehood, the Obama administration is confronting the stark new limits of its influence. (Washington Post) [  What role? As israels mouthpiece? War, war, and more war? Death, destruction, and self-defeat including defacto bankruptcy for the u.s.? Fomenting anti-american sentiment? What role? The role the israeli lobby says is appropriate for america? How foolish america has been! Anxieties mount over Palestinian statehood bid (WP) [ And anxieties mount over no statehood bid! What gives here! Only yesterday (not long ago), hillary clinton was talking about the need for and appropriateness of same. Has the israeli lobby, so costly and detrimental to american interests here and abroad, given her and hers a talking to? . U.S. vetoes Security Council resolution denouncing Israeli settlements (WP) [ Drudgereport: Hillary Clinton: Israeli Settlements 'Illegitimate' [We know that hill Weve known that for quite some time along with their illegal nukes, war crimes, etcThe whole world knows that so dont just talk about it,DO SOMETHING!]..pervasively corrupt, defacto americas self-defeating,self-destructive way U.S. vetoes Security Council resolution denouncing Israeli settlements Sounds like a plan!..for self-destruction! ] Israel's fear (WP)[Wake up! Illegal nuke totin, war crimes nation israels fears-p l e a s e, spare me the pro-israeli b*** s*** ! What israel fears is a projection of their own ill-founded motives/actions for which all norms, rules, laws governing civilized behavior are suspended for expedience at the least, and blood-thirst that some posit as a remnant of their historic role as Christ-killers(with roman juice).  Isnt it time, in these desperate times for america, to put u.s., not israels interests, first. Who cares what israel fears!  In 1948, U.S. Secretary of Defense James Forrestal, an opponent of the creation of a Jewish state in Palestine, warned that, even though failure to go along with the Zionists might cost President Truman the states of New York, Pennsylvania, and California, it was about time that somebody should pay some consideration to whether we might not lose the United States!    




U.S. first unsure of Irans role in plot Officials acknowledge the case bore few of the hallmarks of a unit that has trained and equipped militants around the world. (Washington Post) [ Bore? Yes bore, as in this story a total bore, created by the boars who bore responsiblility for the last nation-bankrupting, nation- destroying war Will U.S. Exploit Dubious Terror Case and Attack Iran? Kurt Nimmo | Another case of a clueless patsy entrapped by the U.S. government. 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! Thats as likely as wmds 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, theyd 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 ] }
Drudgereport:
WAR DRUMS: IRAN CALLS 'TERROR PLOT' LIE
Saudis say Iran must 'pay the price'...

Hillary: 'Dangerous escalation'...
Iran accused in a plot to kill Saudi envoy U.S. allegations elements of the Iranian government plotted to assassinate the Saudi ambassador to Washington aggravated tense relationship between the United States and the Islamic Republic. (Washington Post) [ Drudgereport: 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! Thats as likely as wmds 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, theyd 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 ]  Then, of course, theres the ongoing contrived attempt to split the Arab / Islamic world; and no, these uprisings, including those against Syria, are no coincidence; and, theres the contrived maintain budgets factor for theirs (ie., cia, israel, etc.) and the military industrial complex sake. Id say they have an inferiority complex; along with a panoply of other serious psychological disorders as elsewhere mentioned on my website.}
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 Republican) Plantation Long Time Ago'...
Afghanistan shuts down graft probe...

Not a single Christian church left in country...
AL-QAEDA QUESTIONS LEGALITY OF KILLING U.S. CITIZEN

 

 

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

 


Obama goes on attack, to Democrats delight New strategy is rooted in the reality that Obama is 13 months from Election Day. A poll shows that only 58 percent of Dems believe he will be reelected. (Washington Post) [ Only? There
s no surprise here 100% of the blacks among other minorities; and interestingly, though only for purposes of the poll, perennial, nominal democrats of the jewish faith who ultimately vote along jewish lobby lines vis-à-vis mideast politics / events / occupations, etc.. Indeed, one must laugh at the professed israeli love for bush who is of a family of historic pro-nazi sympathies and business / support (even charged/prosecuted not really, this is america .. that arbitrary enforcement of the law thing aka corruption assets seized - for same). Thats what the republicans and democrats are both fallin all over each other and shootin for; shootin themselves in the foot thereby, and bringing the nation down as they do so. The perma wars, the no-pros of the major frauds on wall street ( Cases against Wall Street lag despite Holders vows to target financial fraud  WP | Obama has promised to hold Wall Street accountable for the meltdown. ), and a racist orientation to the doj  ( UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...ignore cases that involve black defendants and white victims ' )   led by a now known liar (dont forget, theyre prosecuting a baseball player, Roger Clemens,  for at most no more than what holders done himself) Drudgereport: 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! hes typical!]...

White House screams, swears at reporter for covering scandal...

 

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holders vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Wont Prosecute Financial Crime  Washingtons Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...      ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holders 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    

'Buchanans charges of a Bush-Nazi past are hard to ignore, largely because of his passion as a true-believer and an effective series of articles in a highly independent New England publication. His enthusiasm for getting at the truth of all this has been further emboldened by Loftus, who has suggested that Prescott Bush should have been tried for treason, because they continued to support Hitler after the U.S. entered the war. Loftus, who describes himself as a former prosecutor with the U.S. Justice Departments Nazi-hunting unit, has added the reassurance that he could have made the case.Treasury and Justice department files, including what was then the Office of Alien Property, declassified as recently as September, do indeed show that the U. S. government acted to seize numerous assets held by Harriman affiliated companies. After the war, Buchanan has written, a total of 18 additional Brown Brothers Harriman and UBC-related [Union Banking Corporation] client assets were seized under the Trading With the Enemy Act, which Franklin D. Roosevelt signed right after Pearl Harbor.' http://hnn.us/articles/1811.html

Google search: About 94,700 results (0.20 seconds) (from page 1 of many regarding bush nazis)

 

Rubin: How about OWS’s anti-Semitism? (Washington Post) [ When I first saw this headline I thought, zionist robert rubin’s retort; then expected a reference to failed secretary of treasury as he was, Hank Paulsen, a ‘Christian Scientist’. From the consequences of his disastrous reign and bailouts of the perpetrators of history’s largest frauds by far (bush’s base, ie., that 1%, etc.), to the detriment of the 99%, the rest of this nation, and the world; with no prosecutions, adding insult (to intelligence, etc.) to irrevocable injury, one might have though paulsen to have literally been a scientist of Christianity wherein he studied the effects of imposing (not vows of but real) poverty upon the Christian populace. While numbers can manipulated, and there are those stereotypes of greed, unscrupulous money hunger, ‘shylocks’, etc., ( I invite attention to the very worthy, well produced, documented video ‘Esoteric Agenda’ http://www.albertpeia.com/esotericagenda.flv  which discusses the rothchild banking cabal ), it’s really difficult to dismiss entirely the hugely disproportionate representation among the frauds on wall street {many unprosecuted courtesy of ‘goldman sachs’, etc., clout). Then again, one can’t really say ‘anti-semitic’ because the reference does not pertain to Arabs who are also Semites. It’s analogous to my own dilemma regarding the disportionate deleterious effect of corrupt jewish federal judges (ie., shiff, matz, etc.), trustees (panel, ie., coan), etc., relative to that of the corrupt Christian judges (ie., trump, hall, etc.), and trustee (ie., martini, leonard, etc.), and of the original RICO defendants (italian dogs, etc.) who payed their bribes through, ie., trump casinos, etc., and even directly, ie., private ‘retention’ of hugh leonard, u.s. trustee, and of all things, with (cia favored) illegal drug money at that. } So, while not totally logical, one might say in broader strokes given limited resources, not irrational either. After all, in my own experience, jews have favored jews over non-jews as myself, despite being contrary to facts and law. But, as well, Italian dogs as, ie., alito, etc. (and, God knows I loved and respected my Grandmother who was 100% Italian, and Grandfather, Como, Italy but of ancestral Greek origins) (yet I consider those seaside heights greeks dogs too!) , seem to have favored italian mobsters over me (I hate the mob!), which quid pro quo seems to have worked out well for alito and german trump. http://www.albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf   and   http://albertpeia.com/fbimartinezcongallard.htm     ]

 

 

 

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

 

Lewis: What would MLK say to Obama?  (Washington Post) [ He’d say not color of skin, but that ‘content of character thing’ should at least start at the DOJ under fellow black Holder. I mean, who would take them seriously if it didn’t!  UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...ignore cases that involve black defendants and white victims '.    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!     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 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 DAs 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). ]  N.Y. bumped from foreclosure panel Iowas attorney general says N.Y. official actively worked to undermine groups efforts in foreclosure negotiation with banks. (Washington Post) [ Yeah! No surprise here! Yet new jerseys representative would have been equally disingenuous in corruptly carry out his / her duties, so doody-full are they, from there!  Sen. Chuck Grassley  It doesnt 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  ] Krauthammer: Obamas scapegoat strategy (Washington Post) [ Well, I dont know Manichaean; a bit too deeply philosophical for my mind. But I do know b***s*** when I hear it, see it; and, with wobama the b (for b***s***), b***s*** is the one thing thats in no short supply; indeed, those shovel ready jobs he campaigned on were from the looks of all reality, solely for the purpose of shoveling wobamas neverending b***s***. 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 months2-1/2 years. He spent the first year obsessed with passing Obamacare, a program that doesnt create jobs, but might destroy a lot of them.  He bailed out GM, but many believe that his interference didnt 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…’  U.S. first unsure of Irans role in plot Officials acknowledge the case bore few of the hallmarks of a unit that has trained and equipped militants around the world. (Washington Post) [ Bore? Yes bore, as in this story a total bore, created by the boars who bore responsiblility for the last nation-bankrupting, nation- destroying war Will U.S. Exploit Dubious Terror Case and Attack Iran? Kurt Nimmo | Another case of a clueless patsy entrapped by the U.S. government. 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! Thats as likely as wmds 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, theyd 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 ] }
Drudgereport:
WAR DRUMS: IRAN CALLS 'TERROR PLOT' LIE
Saudis say Iran must 'pay the price'...

Hillary: 'Dangerous escalation'...
Iran accused in a plot to kill Saudi envoy U.S. allegations elements of the Iranian government plotted to assassinate the Saudi ambassador to Washington aggravated tense relationship between the United States and the Islamic Republic. (Washington Post) [ Drudgereport: 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! Thats as likely as wmds 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, theyd 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 ]  Then, of course, theres the ongoing contrived attempt to split the Arab / Islamic world; and no, these uprisings, including those against Syria, are no coincidence; and, theres the contrived maintain budgets factor for theirs (ie., cia, israel, etc.) and the military industrial complex sake. Id say they have an inferiority complex; along with a panoply of other serious psychological disorders as elsewhere mentioned on my website.}
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 Republican) Plantation Long Time Ago'...
Afghanistan shuts down graft probe...

Not a single Christian church left in country...
AL-QAEDA QUESTIONS LEGALITY OF KILLING U.S. CITIZEN

 

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'...      

 

 

 

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

 


Obama goes on attack, to Democrats delight New strategy is rooted in the reality that Obama is 13 months from Election Day. A poll shows that only 58 percent of Dems believe he will be reelected. (Washington Post) [ Only? There
s no surprise here 100% of the blacks among other minorities; and interestingly, though only for purposes of the poll, perennial, nominal democrats of the jewish faith who ultimately vote along jewish lobby lines vis-à-vis mideast politics / events / occupations, etc.. Indeed, one must laugh at the professed israeli love for bush who is of a family of historic pro-nazi sympathies and business / support (even charged/prosecuted not really, this is america .. that arbitrary enforcement of the law thing aka corruption assets seized - for same). Thats what the republicans and democrats are both fallin all over each other and shootin for; shootin themselves in the foot thereby, and bringing the nation down as they do so. The perma wars, the no-pros of the major frauds on wall street ( Cases against Wall Street lag despite Holders vows to target financial fraud  WP | Obama has promised to hold Wall Street accountable for the meltdown. ), and a racist orientation to the doj  ( UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...ignore cases that involve black defendants and white victims ' )   led by a now known liar (dont forget, theyre prosecuting a baseball player, Roger Clemens,  for at most no more than what holders done himself) Drudgereport: 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! hes typical!]...

White House screams, swears at reporter for covering scandal...

 

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holders vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Wont Prosecute Financial Crime  Washingtons Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...      ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holders vows to target financial fraud  WP | Obama has promised to hold Wall Street accountable for the meltdown.        


THE OBAMA DECEPTION
  http://albertpeia.com/obamadeceptionhighqualityversion.flv    

 

 

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




 

Obama can’t win  NATO’s success in Libya proves that no good Obama .. goes unpunished. (Washington Post) [ Yeah! I think he’s correct, using most of his words: Obama can’t win  NATO’s success in Libya proves that no good Obama .. goes unpunished. I mean come on, with ie., war crimes nation israel and despotic saudi arabia unscathed; not to mention the defacto bankruptcy of all members of the ‘nato alliance’ and america’s particularly among their war crimes, who’s kidding whom? Yes, it’s true … obama / nato can’t win while they’re unequivocally losing!  Saying otherwise no longer means it’s true!  Poll puts Obama in dead heat with 4 GOP contenders (Washington Post) [ Wow! … I don’t know about that … seems hard to reconcile that poll with wobama’s record low approval ratings consonant with wobama’s record low performance consonant with the nation’s record low prospects in large part owing to wobama’s non-performance by deviating from campaign promises; and hence, his consequent consummate performance as ‘bush failure 3’. Milbank: GOP’s losing obsession with health care (Washington Post) [ No … it’s Mr. Milbank’s losing obsession with loser ‘wobama the b’ (for b***s***), that’s the real story here. Drudgereport: 10-5-11 POLL: OBAMA 41% ANY REPUBLICAN 47%...
Opposition grows, hardens...
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
  Wall Street Puppet Obama Sympathizes With Anti-Wall Street Protests Steve Watson & Paul Joseph Watson | Claims Government has not gone after banksters because … [ More wobama b***s*** for the multi-trillion dollar fraud, still extant, etc.. Of course, as a total fraud himself, no small wonder that as per wobama’s fraudulent playbook the blatant wall street frauds are not, by him, considered fraud. Remember those ‘shovel ready’ jobs promised last (but eternal) campaign by wobama? Well, just those required to shovel his infinite b***s***. Then those fightin’ words from ‘the great prevaricator’ … (to GOP) unite behind his jobs bill or get ready to be run "out of town" … shows his disconnect with reality and proclivity for rhetoric / b***s*** since it’s he who should and will be ‘run out of town on a rail’. He’s so pathetic! What a total loser! Who’s foolish enough to even listen to this total b***s*** artist wobama? ] OWS Needs to Target Real Enemies Or Face Irrelevancy` Kurt Nimmo | Real enemies are the Bilderbergers, CFR, the Trilateral Commission, and the Federal Reserve — not lowly Wall Street stock brokers. [ This is quite incorrect! I’m not saying don’t target the Bilderbergers, CFR, the Trilateral Commission, and the Federal Reserve, etc.; but, for the most part, they are ‘frauds fait accomplis’, as ie., in accordance with the adgage ‘behind every fortune, a crime’ (subject to very few exceptions, ie., ‘the late, great Steve Jobs’ (bill gates is not among those exceptions). They (Alex Jones, et als) ignore, owing to their lack of ‘real world experience’, organized crime of its ‘various flavors’, ethnicities, even cabals / niches within government. The fact is and remains, as with politics (O’Neil), all crime is ultimately local. You must always prosecute the proximate crime causing the proximate harm without fail (nominal crimes as, ie., marijuana possession, should take a back seat to distribution, ie., cia, cartels, bribery, etc., given limited resources, budgetary constraints. After all, given the u.s. government’s involvement in the distribution aspects of the illegal drug business, ie., cocaine, etc., cia, etc., possession/use falls into the nebulous realm of civic / patriotic duty?). Only by so doing will you ultimately get those higher up on the criminal food chain who are ‘protected’ by layers of corrupt bureaucracy as is pervasive in american government / society, federal, state, and local. ]Don’t Let Obama Campaign Fronts Infiltrate OWS – Occupy The Fed Paul Joseph Watson | Join Alex Jones to strike a crushing blow against the true financial oligarchy. [ This is sound advice. Already part of the problem, they’ll just leverage that to squeeze campaign financing from the criminals (bribes, etc.) then leave OWS hanging (the quid pro quo)].  Unions angry over Postal Service cuts They said any move to break labor contracts to lay off 120,000 would hurt the already ailing movement. (Washington Post) [ I reiterate my call for the well managed, efficient, and reliable company, UPS to take over the operation of the poorly managed, inefficient, and unreliable USPS. Postal Service seeking 20 percent staff cut EXCLUSIVE | In cost-cutting bid, USPS also proposes withdrawing employees from existing health and retirement plans and creating its own benefit programs. Congress would need to sign off. (Washington Post) [ I think it’s a great idea. Indeed, 50% would be substantially better. Even better yet, UPS should take over their entire operation. After all, UPS is well managed and efficient; and also, very reliable. On the other hand, the USPS is poorly managed, inefficient, and very unreliable: 
October 15, 2010 (*see infra {ultimately delivered by UPS})

                       ----------

 

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]Report: DOJ investigating S&P's mortgage securities ratings Associated Press The Justice Department is investigating whether the agency improperly rated dozens of mortgage securities in the years leading up to the financial crisis. (Washington Post) [ There you go … the retaliation … the long awaited payback (quid pro quo witheld) for long overdue downgrade. They should be investigating themselves, the SEC ( SEC destroyed documents, senator says ), among numerous other fraudulent, illegal schemes, activities. 3 Top Crooks Still Roaming Free After the Economic Crash Wall St. Cheat Sheet 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…’ The "Crimes" That Wrecked The Markets  Forbes / Lenzner  ,  SEC accused of destroying files Former agency official says SEC violated federal law by destroying records of enforcement cases in which it decided not to file charges. (Washington Post) [ Duh, ya think? The frauds on wall street et als should be criminally prosecuted, jailed, fined, and disgorgement imposed!     SEC destroyed documents, senator says 17 Aug 2011 ‘The Securities and Exchange Commission may have destroyed documents and compromised enforcement case ...   Grassley: Agency may have got rid of Goldman, Madoff documents   Ronald D. Orol, MarketWatch WASHINGTON (MarketWatch) — The Securities and Exchange Commission may have destroyed documents and compromised enforcement cases involving activity at large banks and hedge funds during the height of the financial crisis in 2008, according to allegations made by a lawmaker on Wednesday. “From what I’ve seen, it looks as if the SEC might have sanctioned some level of case-related document destruction,” said Sen. Chuck Grassley, Republican of Iowa, in a letter to the agency’s chairman, Mary Schapiro. Sen. Chuck Grassley  “It doesn’t make sense that an agency responsible for investigations would want to get rid of potential evidence. If these charges are true, the agency needs to explain why it destroyed documents, how many documents it destroyed over what timeframe, and to what extent its actions were consistent with the law.” Agency staff “destroyed over 9,000 files” related to preliminary agency investigations, according to a letter sent in July to Grassley, the top Republican on the Senate Judiciary Committee, and obtained by MarketWatch. The allegations were made by SEC enforcement attorney, Darcy Flynn, in a letter to Grassley. Flynn is a current employee, and according to the letter, received a bonus for his past year’s work. Flynn alleges the SEC destroyed files related to matters being examined in important cases such as Bernard Madoff and a $50 billion Ponzi scheme he operated as well as an investigation involving Goldman Sachs Group Inc. GS +0.33%   trading in American International Group credit-default swaps in 2009. Flynn also alleged that the agency destroyed documents and information collected for preliminary investigations at Wells Fargo & Co. WFC +1.34% , Bank of America Corp. BAC +0.81% , Citigroup C +0.13%  , Credit Suisse CS +0.38%  , Deutsche Bank DB +0.79%  Morgan Stanley MS -0.06%  and the now-bankrupt Lehman Brothers. The letter goes into particular detail about Deutsche Bank, the former employer of current SEC enforcement chief Robert Khuzami as well as former enforcement chiefs Gary Lynch and Richard Walker…’ Sen. Chuck Grassley  “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  ] 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 , Oversight board faults Deloitte audits Deloitte & Touche took the word of companies it audited instead of properly performing its watchdog function, an oversight report says. (Washington Post) [ Come on! Let’s talk reality! ASOP! American Standard Operating Procedure! The quid pro quo for the ‘fee’. The bribe! From politics to business, particularly on fraudulent wall street, this is now the failure-prone / failure-guaranteed, pervasively corrupt, defacto bankrupt ‘american way’! 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." ‘   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  , This is an especially great opportunity to sell / take profits because there’s much worse to come! Watch for more fake reports / data in their infinite political desperation both here and across the sea! 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…’  ,  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.com  Can President Obama hold on to African American voters in 2012? Cadre of allies is snapping back at critics in the black community and making appeals for racial loyalty.  (Washington Post) [ Appeals for racial loyalty? What’s up with that? Sounds like black racism! How ‘bout some reality in the form of foreboding from Pat Buchanan! 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...

[ .. (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 DAs 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). ]

Outrage over exotic-game release in Ohio; most are hunted down, killed Private collectors actively trade in such animals all over the U.S. in a vibrant and poorly regulated market. (Washington Post) [The scope of my comment pertains to the Cats only. How could anyone put the attenuated potential harm of americans ahead of literally the lives of these magnificent, exotic Cats. Even more pathetic was jack hanna’s defense of the slaughter. He should be boycotted in any and all of his endeavors, themepark / zoos,  and his abc show from which he should be fired. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holders vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Wont Prosecute Financial Crime  Washingtons Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...      ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holders 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      ] 

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?” …’

 

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

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

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

 

I believe him!


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

 

 

 

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

 

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

 

 

Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700

Los Angeles, CA 90024

 

 

Dear Sir:

 

I enclose herewith 3 copies of the within DVD rom autorun disk (which will open in your computers browser) as per your offices request as made this day (the disk and contents have been scanned by Avast, McAfee, and Norton which Ive installed on my computer to prevent viral attacks / infection and are without threat). I also include 1 copy of the DVD as filed with the subject court as referenced therein (which files are also included on the aforesaid 3 disks in a separate folder named 112208opocoan). The (civil) RICO action (as youre aware, the RICO Act is a criminal statute which provides a civil remedy, including treble damages and attorney fees, as an incentive for private prosecution of said claims probably owing to the fact that the USDOJ seems somewhat overwhelmed and in need of such assistance given the seriousness and prevalence of said violations of law which have a corrupting influence on the process, and which corruption is pervasive). A grievance complaint against Coan was also filed concurrently with the subject action and held in abeyance pending resolution of the action which was illegally dismissed without any supporting law and in contravention of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District Connecticut. The files below the horizontal rule are the referenced documents as filed. (Owing to the damage to the financial interests of both the U.S. and the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal False Claims Act probably would apply and I would absent resolution seek to refer the within to a firm with expertise in that area of the law with which I am not familiar).

 

 

The document in 5 pages under penalty of perjury I was asked to forward to the FBI office in New Haven is probably the best and most concise summary of the case  RICO Summary to FBI Under Penalty of Perjury at Their Request (5 pages)      [  ricosummarytoFBIunderpenaltyofperjury.pdf   http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf          ].

 

 

The correspondence I received from the Congresswoman by way of email attachment (apparent but typical problem with my mail) along with my response thereto is included on the 3 disks as     fbicorrespondencereyes.htm     .   With regard to the calls to the FBIs LA and New Haven, CT offices: There was one call to the LA office and I was referred to the Long Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the money laundering which he confirmed as indicative of same (he was transferred from said office within approximately a month of said meeting and his location was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade until he abruptly retired (our last conversation prior to his retirement related to the case and parenthetically, Rudy Giuliani whose father I stated had been an enforcer for the mob to which he registered disbelief and requested I prove it, which I did he served 12 years in prison, aggravated assault/manslaughter? and no, there is no Chinese wall of separation Andrew Maloneys the one that prosecuted gotti).

 

 

In contradistinction to the statement in said correspondence, there is a plethora of information including evidence supporting the claims set forth in the    RICO VERIFIED COMPLAINT    (see infra). Such includes and as set forth in the case, inter alia,

 

 

 

 

There is applicable insurance / surety coverage and neither LA, nor creditors, nor I should continue to have been damaged by this brazened corrupt and illegal scenario, which should be resolved in accordance with the meaningful rules of law apposite thereto.

 

 

Sincerely,

 

 

Albert L. Peia

611 E. 5th Street, #404

Los Angeles, CA 90013

(213) 219-**** (cell phone)

(213) 622-3745 (listed land line but there are unresolved problems with the line, computer connection may be the reason but I hesitate to chance greater non-performance / worsening by their fix so cell phone best for contact).{recent change 323-786-6651 -magic jack}

 

 

                       ----------

 

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]

 

 

http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holders vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Wont Prosecute Financial Crime  Washingtons Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...      ignore cases that involve black defendants and white victims ' Cases against Wall Street lag despite Holders vows to target financial fraud  WP | Obama has promised to hold Wall Street accountable for the meltdown.        


THE OBAMA DECEPTION
  http://albertpeia.com/obamadeceptionhighqualityversion.flv    

 


http://www.albertpeia.com 

 

 

 

Sincerely and Regards,

 

Al Peia

 

 

 

 

 

The Washington Post

 

metro@washpost.com , national@washpost.com ,  business@washpost.com , foreign@washpost.com , ombudsman@washpost.com , Abha.Bhattarai@washingtonpost.com , tsukayamah@washpost.com , kangc@washpost.com , innovations@washpost.com

 

 

Dear Sirs / Madams:

 

If this were any other topic I would not trouble you. Yet, the comment concerning SOPA; and hence, censorship, failed to post in each of the seven or so articles I attempted to post to despite being within the 3000 word constraint. Moreover, my other comments this day posted without a hitch. What’s more disconcerting is that from a brief perusal, the prominent articles displayed seem to favor the legislation which I believe as does EFF to be dangerous at best and disastrous at worst. I believe the EFF’s position and concerns to be genuine. Quite simply, from direct experience, the u.s. government cannot be trusted to do the right thing and their reflexive inclination is to cover up what is not (I think you remember Watergate, etc.). That’s neither alarmist nor exaggeration; but rather, reality, and I have and there is a plethora of factual documentation to back that up!

 

Please advise and / or rectify.

 

 

Thank you.

 

 

Signed: Albert L. Peia           Dated: 11-18-11

 

 

The comment / post:

 

 

Anybody who does not oppose any government’s attempt to censor and worse as in this bill is a complete and utter fool. Among the few positives america has been able to point to relative to, ie., china, etc., such freedom if curtailed will herald a hastening of the demise of this nation as we knew it; even worse than the dismal future portended as a direct consequence of those who favor this regression. After all, what is ‘democracy’ without such free speech rights as guaranteed by the Bill of Rights and envisioned by the founders of this nation.

 

I am deeply concerned by the danger these bills pose to Internet security,free speech online,and innovation. The Internet Blacklist Legislation is dangerous/short-sighted, and I urge you to join Senator Wyden and other members of Congress,such as Representatives Lofgren, Eshoo and Issa, in opposing it.

The Internet Blacklist Legislation - known as PROTECT IP Act in the Senate and StopOnlinePiracyAct(SOPA) in the House-is a threatening sequel to last year's COICA Internet censorship bill.  Like its predecessor, this legislation invites Internet security risks, threatens online speech, and hampers Internet innovation. Urge your members of Congress to reject this Internet blacklist campaign in both its forms!

Big media and its allies in Congress are billing the Internet Blacklist Legislation as a new way to prevent online infringement. But innovation and free speech advocates know that this initiative is nothing more than a dangerous wish list that will compromise Internet security while doing little or nothing to encourage creative expression.

As drafted, the legislation would grant the government and private parties unprecedented power to interfere with the Internet's domain name system (DNS). The government would be able to force ISPs&search engines to redirect or dump users' attempts to reach certain websites' URLs. In response, third parties will woo average users to alternative servers that offer access to the entire Internet (not just the newly censored U.S. version), which will create new computer security vulnerabilities as the reliability and universality of the DNS evaporates.

It gets worse: Under SOPA's provisions, service providers (including hosting services) would be under new pressure to monitor and police their users activities.  While PROTECT-IP targeted sites dedicated to infringing activities, SOPA targets websites that simply dont do enough to track and police infringement (it is not at all clear what would be enough).It creates new powers to shut down folks who provide tools to help users get access to the Internet the rest of the world sees (not just theU.S. authorized version). 

Senator Ron Wyden (D-OR) has placed a hold on the Senate version, taking a principled stand against a very dangerous bill. Every Senator/Rep should be opposing the PROTECT IP Act and SOPA. https://www.eff.org

 

 

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

 

 

 

 

Penn States McQueary is shaken  EARLY LEAD | In e-mails, assistant who allegedly witnessed attack by Sandusky says, I did the right thing  (Washington Post) [ But not stirred, as in giving sandusky a well-deserved punch in the jaw. He did, however, do the right thing and within the law. After all, given the penchant for ‘cornholers’ in or around the penn state campus (ie., from no bail from a ‘connected judge’, to descriptions of this ‘frolicking man-child’, to a calmly protested innocence by psychopath pedophile sandusky, and even a quote from a loco local that sandusky was like a god, etc.), one could easily imagine McQreary going straight to jail with unrelenting attacks on his credibility to follow. Whew … all we can wonder is, ‘do they get out much’? Indeed, just to understand this penn state area mindset I’m going have to take another look at that well-done movie (and book of the same name by Dickey …whoops), ‘Deliverance’. I mean, a 10-11 year old boy anally raped by this serial psychopath and you just know by looking at sandusky there’s been not even a moment of remorse other than possibly for finally getting caught, if that. How many others? At least 10 more at this point. How can a boy ever get over this regardless of the extent of therapy? Life in prison is too good for sandusky. Sandusky says he's innocent TV COLUMN | Former Penn State defensive coordinator says in an interview that he is innocent of sex abuse charges. (Washington Post) [ There was actually an eyewitness to the rape of the boy; horsin’ around in the shower … like obscenity as per the supreme court of old, I think most anyone ‘knows it when they see it’ and that includes rape as opposed to ‘horsin around with young boys in the shower’. How pathetic! Watch for the cover-up!  Drudgereport: 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 ( according to u.s. forum posts sandusky is a polish jew whose mothers maiden name is fittingly gross www.topix.com/forum/us/TM9KO1A74D6VPVFS7 - doesn’t he somewhat look like netanayhu?  ). 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…’    Ombudsman: Too much opinion in coverage (Washington Post) [ In truth, I was disinclined to comment on this rather sordid and disgusting story; not only because its a sordid and disgusting story, but because it involves one actual perpetrator. After all, if theres one thing for which americas infamously famous for being number 1 at (beyond that history-of-the-world record breaking fiscal gap of $211 trillion - Americas debt woe is worse than Greeces News (CNN) Our government is utterly broke. There are signs everywhere one looksThe governments total indebtedness is $211 trillion ) its americas number 1 position by far in terms of crime (CRIME STATS(u.s.No.1) (from a few years back … worse now, and those were just the ‘reported crimes’, actual crimes far greater)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

and so on. ). Yet, when I heard that the one fellow who observed the rape seemed to getting a ‘pass’ for reporting the incident, I felt compelled to comment (as a permanent record on my website). I’ve only followed in a cursory manner the news coverage. I disagree with ‘the ombudsman’ that there’s ‘too much opinion’ in the coverage. There should be plenty of opinion, and they should express well-founded outrage concerning this egregious scenario. Indeed, that the initial, let me disparage him by calling him ‘voyeur’ didn’t right then and there confront the mentally ill pervert / homosexual / pedophile rapist and then report it is beyond my ability to imagine. I couldn’t have restrained myself. When the new president (?) of the university said on the news that no one should ever fear doing the right thing, my only reaction was that he was talking of another place, another time if ever in america. That certainly is not the case in america today where crime / complicit silence / cover-up pays and pays well. In reality, there were salaries, positions,  and roughly $50 million + (in revenue per year) reasons for silence. I have personally found that almost without exception, americans are without any courage or integrity whatsoever (see infra, which also references crimes of none other than a supreme court justice alito who should resign, among many others deserving punishment / exposure, etc., instances too numerous to include here). People should be angry inasmuch as that kid’s life will never be the same. Actions have consequences. Unfortunately, in pervasively corrupt, defacto bankrupt, meaningfully lawless america, those impacts/consequences are invariably negative. There’s just no excuse for what america’s become! 

 

 

 

Penn State taps former FBI director Louis Freeh in child sex-abuse investigation ...PHILADELPHIA — Former FBI director Louis Freeh, tapped to lead Penn State’s...jury report issued earlier...2011-11-22 - Associated Press, AP (Washington Post) [ Oh yeah … they got the right guy for cover-ups, not that his successor mueller seems any better. Freeh will always cover up u.s. government crime … always … he rationalizes same as if a patriotic duty. Indeed, from jersey city, hudson county, new jersey, among the most corrupt in the nation by any standard, one mob or another, (and the armpit of the earth if you’ve ever been there) he’s consistently talked up his jersey roots as if a badge of honor. The contrary is the truth. ‘Louie the patriot’s’ vote of confidence in the u.s. and then some…- "Louis Freeh acquires Italian citizenship".- They had him pegged … the ultimate go along to get along! His new rationalization for being a fee-paid-schmoozer is probably his large family to support (8? kids). He was a plodding, untalented guy, and as untalented a crime-fighter which invariably as a matter of necessity leads to a career-bureaucrat status (one way or another) that doesn’t and hasn’t required real results (only that which can be schmoozed); but has required cover-ups particularly along (republican) party lines, ie., trump, alito, he backed giuliani, etc.. http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf      Wall street frauds and protection (exemption from RICO) grew during ‘freeh the bushman’s’ tenure (with reno / clinton –Mena, Arkansas cocaine drop/connection) as did the transfers of just about everything to communist china. America’s direct involvement in the illegal drug business was about all that can characterize his otherwise unremarkable FBI career (‘pizza connection case’) as protection was accorded the u.s. government’s illegal activity and competitors removed. 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  ]   

 

Will Freeh bungle Penn State child-sex abuse investigation too? [ Only accidently on purpose! In louis freeh’s quid pro quo bureaucratic world, true results DON’T COUNT! ] http://www.reddirtreport.com/Story.aspx/20474  By Andrew Griffin OKLAHOMA CITY More than two weeks after the public began to learn of the child-sex abuse allegations against former Penn State assistant football coach Jerry Sandusky, we learn that former FBI Director Louis Freeh, now in the private sector, has been hired to uncover the truth about horrific child-sex abuse crimes in State College, Pennsylvania.

Freeh, you may recall, served as FBI director during the Clinton administration and was in that leadership spot during the 1995 Alfred P. Murrah building bombing. Now that Freeh has been tapped to lead Penn States investigation into the child-sex abuse allegations against Sandusky, and perhaps others, with information allegedly stretching back to 1975, Red Dirt Report wonders if Penn State really wants this crime to be solved and their questions to be answered.

As reported today, Freeh said: I will personally lead that investigation. The special committee has hired my law firm to conduct a fair and independent investigation. 

Good luck getting to the truth, Penn State. Given Freehs lousy reputation as a crimefighter and not surprisingly, former Pennsylvania Attorney General and current Gov. Tom Corbett gives Freeh a big thumbs up you would think Penn State would stay far, far away from Freeh, unless Freeh is expected to bungle, cover up and obfuscate while pretending to expose the crimes against children there in the Keystone State. We hope he is there to do the right thing by those victimized by Sandusky and others.

People at Penn State also known as Happy Valley have known about Sanduskys crimes and have covered for him and ousted, godlike Coach Joe Paterno. Note this article in the Beaver County Times which, back in April, was shouting from the rooftops about Sandusky and note that But theres no shortage of stories and rumors about Penn State football sweeping problems under the rug.

Freeh, we must note, is an interesting and controversial choice. Yes, controversy seemed to stick to Freeh like crazy glue throughout the 1990s. First, there was Freehs coverup of the 1992 Ruby Ridge travesty. Another big one involved the fallout from Waco, which spilled over into Freehs tenure, another botched event and subsequent cover-up. Freeh has a lot to answer for.

While Freeh is viewed as incompetent, he and his underlings were effective in covering up and/or ignoring major crimes and controversies over the years that he was charged to protect the American people. As Charles R. Smith wrote of Freeh at Newsmax.com in 2002: FBI Director Louis Freeh oversaw the longest run of FBI public disasters in its entire history with Freeh transforming the FBI from a federal law enforcement agency into a political joke.

Think about it. Freeh was in charge during the 500 missing FBI files incident, the Unabomber case, the Wen Ho Lee/Los Alamos files espionage case, the Montana Freemen showdown, the shoot down of TWA Flight 800  in 1996 and so on. Do you feel you have more answers or fewer answers on those incidents and tragedies? Think about it.

Oh, and did you know Freeh was appointed FBI director in July 1993, the day before Vincent Fosters body was found in Fort Marcy Park?, The prior director, William Sessions, was ousted by Attorney General Janet Reno in the wake of the Waco disaster a disaster Freeh would fail to fully investigate, according to reports.

In a September 2000 article in Business Week, writer Howard Gleckman, in a piece titled The Case Against Louis Freeh, the article absolutely blasts the director, who was still in charge at that time.

Writes Gleckman: The man (Freeh) has overseen a bureau that has bungled investigations of high-profile criminal cases and repeatedly misled probers and judges in legal proceedings never more shamelessly than in the matter of Los Alamos scientist Wen Ho Lee. At the same time, Freehs FBI has tried to run roughshod over the civil liberties of ordinary citizens, demanding access to encryption codes and elbowing its way onto every PC in the country through its Carnivore project.

Remember, that was written 11 years ago and one year before 9/11.

And for those of us here in Oklahoma City, still healing from the effects of the bombing more than 16 years later, to learn that former FBI Director Freeh is leading an investigation into a major crime which may involve connections to many other people, well, dont hold your breath folks. He had an opportunity to do the right thing by the victims of the bombing and he opted not to do the right thing and bring the real criminals to justice.

In fact, the idea that Freeh will uncover anything of substance good luck, Penn State scandal truthseekers is an absolute joke. For instance, Freeh was exposed as knowing a lot more about the details of who was involved in the bombing, far beyond Timothy McVeigh. Be sure to check out the upcoming release of Free Mind Films explosive documentary, A Noble Lie.

As exposed by the late J.D. Cash, an investigative reporter with the McCurtain Daily Gazette, Freeh and the FBI allegedly knew of a bomb plot and the activities of German intelligence contact and Neo-Nazi infiltrator Andreas Strassmeir at Elohim City in Adair County, Oklahoma. And what of Larry Potts, a leading FBI investigator? Freeh made sure Potts, his number two guy, rose in the ranks, yet what does Freeh think about accusations made against Potts, a villain linked to numerous botched cases? This includes comments by the late Timothy McVeigh, executed for his role in the bombing, who said Potts involved in Ruby Ridge and Waco knew him well and was forcing the former soldier-turned-radical to go off script and that McVeighs accomplice, Terry Nichols, said the bombing was an FBI op, as noted by a hard-hitting 2007 article in Utahs Deseret News.

As for Andy the German Strassmeir, much of his role in the FBI op was revealed in a January 1996 memo Freeh sent out to senior FBI field agents which noted the Southern Poverty Law Center/FBI joint sting operation at Elohim City, Okla. was being handled in the days prior to the bombing.

As Cash reported, while Freehs FBI put up border guards on the Mexican border to pick up Strassmeir for questioning in regards to his links to Elohim City and McVeigh, Strassmeir managed to slip through their fingers. The teletype, obtained via an FOIA request, was heavily redacted but reveals that FBI Director Freeh knew a lot more about the Oklahoma City bombing case than the public was led to believe. Why did Freeh allow Strassmeir to flee the U.S. and go back to Germany without being questioned about his role in the lead-up to the Oklahoma City bombing, the biggest domestic terror attack up to that time in history? Wouldnt Strassmeirs knowledge of McVeigh and others unknown have been useful to the federal investigation into the April 19, 1995 bombing here in Oklahoma City that killed 168 and wounded many others?

As Cash wrote, in a piece posted in 2005 at WorldNetDaily.com: The Freeh teletype also discusses an allegedly close relationship McVeigh had with a subject living at Elohim City, a person who, the teletype says, spoke with McVeigh only two days before the bombing.

Continuing, Cash, and co-writer Roger Charles note: That information, Freeh said, was from an informant who was working for the Southern Poverty Law Center a tax-exempt civil rights group co-founded by Morris Dees.

It was Freehs FBI that gathered up all the videotapes after the Oklahoma City bombing. Where are those tapes now, Mr. Freeh?

The FBI crime labs under Freeh were accused by an FBI whistleblower that evidence in OKBOMB had been tainted. And Freeh punished him, sending a chilling message to other potential whistleblowers. And yet Penn State, certainly knowing Freehs background and history, wants him to do an independent investigation into this serious case at Penn State, which some have reported may include Sanduskys involvement in pimping out children to wealthy Penn State donors?

Freehs predecessor, William S. Sessions, was FBI director when Ruby Ridge and Waco happened and was in charge when accusations arose against powerful people and institutions in the late 1980s and early 1990s regarding pedophile rings leading up to the top rungs of American political power, something some independent researchers claim goes on to this day. The 2005 Gannon-gate episode, as noted by reporter Wayne Madsen, was reminiscent of the 1989 pedophile and prostitution scandal linked to the Franklin Community Credit Union in Omaha, Nebraska. And interestingly, that scandal seems reminiscent of what we are seeing unfold at Penn State, if the allegations of Sandusky pimping kids out to wealthy school donors are indeed true, as reported by sports journalist Mark Madden.

The FBI seems to be more interested in crisis management and cover up than in actually solving serious crimes, as we have seen time and again.

When Red Dirt Report first learned that Freeh was hired by Penn State to investigate the Sandusky child-sex abuse case as an independent investigator, we thought about some of our sources who are still upset with Freeh for allegedly covering up so many aspects of what happened prior, during and after the Oklahoma City bombing. This includes the murders of Oklahoma City Police Officer Terry Yeakey and prisoner Kenneth Trentadue, killed while in federal custody in the wake of the OKC bombing, in what his brother Jesse Trentadue believes was a case of mistaken identity.That happened on Freeh and Renos watch.

Red Dirt Report is very skeptical of Freeh and whether or not he will really find out anything of consequence and if he does, be on the alert that if it involves very powerful and influential people.

Think about it. It was at the end of his tenure that Freeh, a devout Roman Catholic and rumored to be linked with the shadowy Opus Dei organization, dramatized in Dan Browns Catholic Church-linked conspiracy thriller The DaVinci Code, was revealed as actually attending the same church as devoted Opus Dei Catholic and FBI agent-turned-spy Robert Hanssen. Freeh notes in his bio My FBI: Bringing Down the Mafia, Investigating Bill Clinton and Fighting the War on Terror, that he didnt know that Hanssen, a fellow parishioner at St. Catherine of Siena Church in Great Falls, Va., was up to no good and selling us out to the Russians and earning Hanssen the infamous name the most damaging spy in history. Somehow, the big ones tend to get by Freeh. Hmmm.

Interestingly, exactly six months prior to the terror attacks of 9/11/01, some pamphleteers critical of Freeh and his cover up of the 1993 holocaust of Branch Davidians near Waco, Texas appeared outside his church. While the critics of Freeh and his FBI were angrily driven off the church property by the priest, the somewhat rambling pamphlet notes accuses Freeh of being a conspirator in the murder of the Branch Davidians, an accessory after the fact.

Perhaps Louis Freeh has learned a lot since those crazy days of the 1990s. Perhaps he has had time to reflect on his career and the crimes he was charged with investigating, on behalf of the American people.

But were not sure, given his awful record in tracking down the real criminals in numerous high-profile cases. As one person who lost  several family members in the Oklahoma City bombing told us this afternoon of Freeh and his new assignment at Penn State, (Freeh) screwed up here and hes going to screw up there. There arent many fans of Freeh back here in Oklahoma. We hope folks in Pennsylvania take that into account as their independent investigation is launched.

For the sake of the victims at Penn State and those who are extraordinarily upset and outraged about what took place there for many, many years, we truly hope Louis Freeh uncovers the truth and that the despicable Jerry Sandusky and others are ultimately brought to justice.’

 

 

GOOGLE SEARCH – ‘LARRY KLAYMAN, LOUIS FREEH CORRUPT’

ABOUT 6,240 RESULTS (0.11 SECONDS)

·  Trulock Sues FBI Director Freeh

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

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

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

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

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

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

www.freedomwriter.com/issue20/am15.htm

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

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

www.infowars.com/jw_transcript.htm

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

·  JUDICIAL WATCH REJOICES AT RESIGNATION OF FBI DIRECTOR LOUIS FREEH

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

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

·  The hazing of Judge Lamberth

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

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

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

cryptome.org/trulock-v-fbi.htm

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

 

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 DAs 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). ]

 

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

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

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

 

I believe him!


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

 

 

 

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

 

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

 

 

Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700

Los Angeles, CA 90024

 

 

Dear Sir:

 

I enclose herewith 3 copies of the within DVD rom autorun disk (which will open in your computers browser) as per your offices request as made this day (the disk and contents have been scanned by Avast, McAfee, and Norton which Ive installed on my computer to prevent viral attacks / infection and are without threat). I also include 1 copy of the DVD as filed with the subject court as referenced therein (which files are also included on the aforesaid 3 disks in a separate folder named 112208opocoan). The (civil) RICO action (as youre aware, the RICO Act is a criminal statute which provides a civil remedy, including treble damages and attorney fees, as an incentive for private prosecution of said claims probably owing to the fact that the USDOJ seems somewhat overwhelmed and in need of such assistance given the seriousness and prevalence of said violations of law which have a corrupting influence on the process, and which corruption is pervasive). A grievance complaint against Coan was also filed concurrently with the subject action and held in abeyance pending resolution of the action which was illegally dismissed without any supporting law and in contravention of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District Connecticut. The files below the horizontal rule are the referenced documents as filed. (Owing to the damage to the financial interests of both the U.S. and the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of the Federal False Claims Act probably would apply and I would absent resolution seek to refer the within to a firm with expertise in that area of the law with which I am not familiar).

 

 

The document in 5 pages under penalty of perjury I was asked to forward to the FBI office in New Haven is probably the best and most concise summary of the case  RICO Summary to FBI Under Penalty of Perjury at Their Request (5 pages)      [  ricosummarytoFBIunderpenaltyofperjury.pdf   http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf          ].

 

 

The correspondence I received from the Congresswoman by way of email attachment (apparent but typical problem with my mail) along with my response thereto is included on the 3 disks as     fbicorrespondencereyes.htm     .   With regard to the calls to the FBIs LA and New Haven, CT offices: There was one call to the LA office and I was referred to the Long Beach, CA office where I personally met with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the money laundering which he confirmed as indicative of same (he was transferred from said office within approximately a month of said meeting and his location was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron Barndollar and we remained in touch for in excess of a decade until he abruptly retired (our last conversation prior to his retirement related to the case and parenthetically, Rudy Giuliani whose father I stated had been an enforcer for the mob to which he registered disbelief and requested I prove it, which I did he served 12 years in prison, aggravated assault/manslaughter? and no, there is no Chinese wall of separation Andrew Maloneys the one that prosecuted gotti).

 

 

In contradistinction to the statement in said correspondence, there is a plethora of information including evidence supporting the claims set forth in the    RICO VERIFIED COMPLAINT    (see infra). Such includes and as set forth in the case, inter alia,

 

 

 

 

There is applicable insurance / surety coverage and neither LA, nor creditors, nor I should continue to have been damaged by this brazened corrupt and illegal scenario, which should be resolved in accordance with the meaningful rules of law apposite thereto.

 

 

Sincerely,

 

 

Albert L. Peia

611 E. 5th Street, #404

Los Angeles, CA 90013

(213) 219-**** (cell phone)

(213) 622-3745 (listed land line but there are unresolved problems with the line, computer connection may be the reason but I hesitate to chance greater non-performance / worsening by their fix so cell phone best for contact).{recent change 323-786-6651 -magic jack}

 

 

                       ----------

 

*The foregoing and as indicated therein was previously send 9-14-10 but delivery confirmation was flawed as set forth below and my inquiries to the u.s. postal service rebuffed (I believe tampered with inasmuch as your office could not locate same). This cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the subject files for ease of reference, including the files in the RICO action as indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates once again that your office has not received the aforesaid and which can reasonably be presumed to have been tampered with, and hence, a violation of the federal statute concerning same. (Ultimately delivered by UPS) ]

 

 

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

http://www.economist.com/content/global_debt_clock

 

 

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

 

 

 

 

 

 

 

 

11-28-11 NEWS / TOPICS

 

 

 

 

 

 

 

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  , This is a ‘pre-Christmas gift’ and an especially great opportunity to sell / take profits because there’s much worse to come! 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 USAGOLD/PG View is Correct. This is a great interview/video (10 minutes); watch it here: ‘The Currency Wars’ http://www.albertpeia.com/rickardsgrantboltoninterviewvideo.htm  ,  David Rosenberg On The Depression, The ECB, MF Global As A Canary In The Coalmine... All With A Surprise Ending,  This is No Cyclical Recession… It is a Secular DE-pression Presenting Russell Napier's Greatest Hits 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 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"  , 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 Meaningless  , "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 Surgesthe 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 BustFriday Night Irony: According To The Fed, Just Over One More Year Of ZIRP Will Lead To 38.36% Annual Inflation The Final Straw? Jefferies And Six Other Banks Sued For "Fraudulent" MF Global Bond Issuance 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 GraveAnother Tough Month For Tilson As CNBC's Favorite Buffett-Worshipper Is Down Over 24% YTD Payback Time - The Coming Decade Of Deleveraging    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 Financial Stocks Catching Up To Their Recent Credit Weaknessit seems reality is starting to sink in.. , 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,  Presenting Europe's Remaining 2011 Bond And Bill Auctions... All 104 Of ThemCongress Shocked To Find That Being CEO Of A Bankrupt Company Is The New Killing It 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?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 AroundThe 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"Bond dumping and Berlusconi Posted by: Pivotfarm Post date: 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 , As Geithner Says Supercommittee "Holds Key To Rebuiling Confidence" Supercommittee Says "Trillions Of Dollars Apart" , 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 Here Is Today's 3pm Rumor... 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"  Posted by: George Washington , First Time Unemployment Claims Increase But Less Than Usual Posted by : ilene Post date: 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 CurrencyFour 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 Citi: "The Bear Market Rally Is Behind Us; We Anticipate A Move To 1,000-1,015"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?Game Over Berlusconi? Italian Anti-Crisis Bill FailsEgan Jones Downgrades Jefferies On Concerns About Sovereign Exposure Amounting To 77% Of EquityGuest 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 WhimperKeeping Up With The Korzines In The Kooler: FBI To Investigate MF Global's Theft Of Client Money , 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 InflationKeeping Up With The Korzines In The Kooler: FBI To Investigate MF Global's Theft Of Client Money , US Food Stamp Usage Hits New RecordThe 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? 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 DeathAre 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 Posted by : ilene Post date: 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)  ‘…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)  ‘…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 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 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'…’
    


 

 

Art Cashin On The Most Important History Lesson Of The Last Century Oct 13th, 2011 08:40 by News  ZeroHedge) Today, instead of the traditional market observations by the Chairman of the Fermentation Committee, we share with readers a critical historical lesson from Art Cashin, focusing on an event that took place 89 years ago, which as Cashin says one of the most devastating economic events in recorded history and an important backdrop to Europe today. It all began with the efforts of a few, well intentioned government officials. Many will know what we are talking about alreadyOriginally, on this day (-2) in 1922, the German Central Bank and the German Treasury took an inevitable step in a process which had begun with their previous effort to jump start a stagnant economy. Many months earlier they had decided that what was needed was easier money. Their initial efforts brought little response. So, using the governmental more is better theory they simply created more and more money. But economic stagnation continued and so did the money growth. They kept making money more available. No reaction. Then, suddenly prices began to explode unbelievably (but, perversely, not business activity).[source] PG View: The hyperinflation of the Weimar Republic is unquestionably Germanys defining economic moment, much like the Great Depression is ours. It goes a long way toward explaining why Germany continues to balk at further bailouts, leveraging, bond buying and expansive liquidity measures; they understandably fear the inflation. Keynsian thinking says governments should be printing and spending like mad in the face of grim growth prospects and an impending banking crisis, but Germans recall all-to readily that when über-easy monetary policy gets out of control, things can go from bad to catastrophic in a heartbeat. Cashins piece is indeed an important history lesson we all should take heed of. For further insight into the Weimar hyperinflation, be sure to read The Nightmare German Inflation. Previous:The latest b***s*** story into the close is rich, but not as in wealthy. One interviewee / pundit even preposterously referred to the Marco Polo effect, viz., that communist Chinas rumored to be about to save one of the PIIGS, italy but whos going to save communist china really some very bad karma for communist china just round the corner! Dont forget, the markets rallied literally many hundreds of points owing to that spin / b***s*** called the euro solution, etc., which of course, never existed in reality, but great fraud points (that computerized hf commissioned churn-and-earn, up and down, get you now and get you later). Then the so-called technical support levels based on much worse than spun fundamentals / reality. Its the other way around, fools fundamentals create technical support levels, not vice versa. Unprecedented Monthly Volume Sell-Off Suggests Now's the Time to Take Shelter at Minyanville Kevin A. Tuttle Sep 12, 2011  ,  Preparing for a Credit Crisis at Minyanville  John Mauldin  ,  What's the Long-Term Outlook for Stocks and The Economy? ETFguide   Simon Maierhofer, September 12, 2011  ,    ]     Prepare For Recession And Bear Market at Forbes Sy Harding, Brace yourself for a recession ,  Senate (Quietly) Approves $500 Billion Increase in Borrowing Authority Sep 9th, 2011 by News (WSJ Blogs) PG View: Shhhhh. Dont tell anyone, but we blew through that initial $400 bln debt ceiling hike in about a month /  Europe on the Verge of a Political Breakdown News , 4 Bearish Mega Trends  Simon Maierhofer / S&P 1,100 And Lower - More Likely Than you Think  , STOCKS DEMOLISHED, EUROPE NEAR BREAKING POINT: Here's What You Need To Know Business Insider , Ominous Bear Flag Pattern Suggests S&P 500 At 1,000  Scott Redler ,Keep in mind the  r word (recession- actually should be d word for depression) subtracting out the understated inflationary price increases (deflating growth with realistic inflation deflator), were already there ( see, Burt Dohmen, Financial Crisis Phase II Is Ahead at Forbes, infra)           7 Reasons Why New Lows are Likely  ETF Guide   ,  Albert Edwards Has Another Reason You Should Worry About Profits The Wall Street Journal, Mark Gongloff   ,   Chart Shock: The REAL Unemployment Rate Is 22% The Daily Bail September 2, 2011 ,  Deja Vu All Over Again: Total US Debt Passes Debt Ceiling In Under One Month Since Extension  Sep 2nd, 2011 News (ZeroHedge)  ,   Global Recession: Right Here, Right Now at Minyanville  Mike Shedlock Sep 02, 2011  ,    Fearing An Even Worse Inflationary Depression Ahead Bob Chapman | The debauching of currencies worldwide goes on with great abandon. Previous: Typical (suckers rally into the close on still lingering hopes for more fed funny money thats a detriment / negative to all but the frauds on wall street and has been a dismal policy failure) window-dressed end of month based on bad news, fraud, and b***s*** alone watch for fake data / reports out of their sheer desperation  ,  Beware Dow In September: Do You Believe The Data?   [ NO! I DON’T BELIEVE THE GOVERNMENT DATA ( Famed economist predicts economic calamity in 2012x   http://w3.newsmax.com/a/aftershockb/video.cfm?promo_code=CA79-1    , NOR DO I BELIEVE THE NON-GOVERNMENT DATA (Accounting Gimmics Resurface as Growth Flounders at TheStreet Rebekah Smith, infra)  ,   Global Recession Likely, Depression Possible: Economist  Aug 31st, 2011 by News (CNBC)  ,    Ignore Buffett's Advice, Don't Buy Stocks Forbes /  Dohmen , The "Crimes" That Wrecked The Markets  Forbes / Lenzner  ,  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…‘  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...  , Economic / Financial Collapse Imminent Stansberry  Investment Advisory http://www.albertpeia.com/stansberrysinvestmentadvisory.flv    Harry Dent, Jr. Economy will be in a Depression by 2011 Dow will Fall to 3,800 4,500 by 2012 Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest. U.S. Dollar will Decline Housing will Decline by 40 60% from Todays Levels Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012).  Fed Economists Predict A 15 Year Bear Market For Stocks Aug 23rd, 2011 News (BusinessInsider)  ,  End Of Cycle Smelling Like Dow 3K, Gold 3K  Forbes /  Bill Bonner   ,  No Recession Coming ... It's 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 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…’ ,  NOR DO I BELIEVE THE NON-GOVERNMENT DATA (Accounting Gimmics Resurface as Growth Flounders at TheStreet Rebekah Smith) at this point of abounding desperation for both. ] Murray Coleman If you believe in seasonal factors, betting on the Dow Jones Industrial Average ETF (DIA) wouldnt seem like the best play about this time of year. Over the past 100 years, the Dow itself has averaged a drop of 0.8% in September, according to Bespoke Investment Group. Over the last 50 years, the Dow has averaged a fall of 0.79%; in the past 20 years the benchmark has typically dropped by 0.60% during the month…’  

 

 

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 months2-1/2 years. He spent the first year obsessed with passing Obamacare, a program that doesnt create jobs, but might destroy a lot of them.  He bailed out GM, but many believe that his interference didnt 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 Bear Market Rally Has Begun at Minyanville   Toby Connor Aug 30, 2011 ‘…Investors need to be prepared. This is going to be a very, very convincing rally. The tendency is going to be to buy into the media hype -- that this was nothing more than a severe correction in an ongoing bull market. This was not a correction. This was the first leg down in a new cyclical (secular) bear market. And like all bear markets it will be subject to violent countertrend rallies that toy with traders' emotions, and ultimately cause investors to ride the bear all the way to the bottom…’    Scandal scarred commerce dept. report on consumer spending with anemic income figures (typically as always unworthy of belief as unbelievable anything the government says in their desperation) spurs suckers rally (along with some short covering) to suck suckers in and keep suckers sucked in.  Massive Understatement: Mohamed El-Erians reply to Frank Motek 1070am regarding particularly the 300+ point swing to the upside today, (theyre) confused! Indeed they are! But when youre commissioning those manipulated computer programmed high-frequency-trade swings, churning and earning at lightning speed, such euphemistic criticism falls short with the impact of water off a ducks back.      Moreover, how pathetic are they, those Pavlov dogs on wall street salivating at the mere prospect of a QE handout ultimately at taxpayer expense, in one form or another. Even more pathetic is the so-called ‘rally’ based on a purported rethink of fedspeak alleged  to be so filled with ‘ latent / hidden ‘ meaning of a form of QE welfare down the road. Those pathetic ‘titans of capitalism’; aka, the frauds of wall street.  Never mind that the QE’s have failed miserably and at great costs (inflation, financial, economic, etc.) and detriment to all but the frauds on wall street by way of their manipulated computer-programmed ( high frequency trading) commissioned churn-and-earn. Wall street’s rise has been among the causes of and comcomitant to america’s decline / demise. Remember, there is no modern day alchemy that spins worthless paper into gold except fraudulently for the frauds on wall street whove literally oftimes done exactly that; cashing out for hard currency and gold, precious metals, at everyone elses expense including main street. Theyre just not that important and represent, like termites eating away at the nations foundation, a drag on the economy, the nation as one would expect from parasites such as they are. So what’s changed of significance? Nothing! Absolutely nothing; yet a manipulated computer-programmed ( high frequency trading bots ) churn-and-earn suckers’ rally based on desperation, bad news, fraud and b***s*** alone to suck suckers in and keep suckers sucked in. Horrific news on the economic front particularly since the anemic (revised downward – and I think much worse than reported) 1% GDP growth is all owing to hefty price increases / inflation, fudged and not reported accurately. 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…’  This is an especially great opportunity to sell / take profits because theres much worse to come! ,  Despite being glad that Apple has survived (though outlook now dimmed regardless of rhetoric and beyond the Jobs retirement), ‘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 ,  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  ,       Bernanke - Man of Mystery: Dave's Daily at TheStreet  Bernanke did what a lot of people expected him to do -- speak softly but carry a big printing press. After being down nearly 200 points the DJIA rallied to close higher by 135 points. Pundits shrugged embracing the idea if something was really wrong Bernanke would have acted; besides, bulls' reasoned stocks are cheap based on trailing PEs of around 12. Away from that was more crummy economic news with GDP printing at only 1% growth. This may be revised lower again like most other indicators of late…’  (Daves 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..)   Play It Again Sam: Dave's Daily  [ As always, Dave is spot-on as an astute, knowledgeable, seasoned veteran of the markets. ] ‘ 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 giving him 6% interest tax-free (a "coddled" billionaire?) and making he and Berkshire 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 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…’ Previous: Manipulated computer-programmed ( high frequency trading bots ) churn-and-earn suckers’ rally into the close based on desperation, fraud and b***s*** alone to suck suckers in and keep suckers sucked in!   Stocks up on government report (I consistently and here now again warn of fake reports / data) on durables far better than expectations / reality100% better? I dont think so! Come on sheer desperation at best! 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 Im 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! Thats 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 didnt 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…’  Ted Weisberg to Frank Motek 1070am could think of no reason for the market to be up (BAD NEWS: new home sales down, oil prices up - China's manufacturing index showed a decline, the seventh straight month of declines for German manufacturing and the first decline in two years for European manufacturing activity, in u.s. a big miss on new home sales and a decline in the Richmond Fed's manufacturing index.) with some prodding ultimately a begrudging mention of that meaningless fudge term oversold which of course is no reason at all particularly since the market is substantially overvalued so take this as an especially great opportunity to sell / take profits because theres much worse to come! ,  Fed Economists Predict A 15 Year Bear Market For Stocks Aug 23rd, 2011 News (BusinessInsider) The San Francisco Fed has come out with a research paper connecting the dots between the retiring baby boomers and stock prices. The thinking is that the boomers will divest themselves of stocks as they retire and eat into their savings.These conclusions are just horrendous! The suggestion is that there is a 15-year bear market in front of us. Multiples will fall by 50%!!…“We do see it as something of a headwind as the economy is attempting to recover. These deep thinkers have it completely wrong. They think that the key to having a stronger economy is higher stock prices. So they spend all of their efforts dreaming up ways to keep the S&P ramping up. I think it is the exact other way around. If the economy were to be growing [ you see, thats the problem in large part the economy wont really be growing (huge price increases / inflation for the illusion), among a multitude of other problems ], it is reasonable to assume that stock prices might rise. It is completely false to assume that attempts to jigger stocks higher will lead to a stronger economy [ This is true, but the writer ignores the criminal fraud factor as the raison detre for the jiggering. ]  ,  Dow:Gold Ratio and the Secular Bear Market Minyanville  Toby Connor Stocks.. after.. bear market rally, will roll over and continue down into a final four-year cycle low..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 …’  ,  ‘american technology is horrendous and vastly overrated!’ ,  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  ,   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  ,    Social Security disability on verge of insolvency     ,  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   Minyanville's T3 Daily Recap: Market Gives Back Weekend Gains Amid US Bank Woes at Minyanville  ,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  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.    )   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  So what’s changed of significance (other than previous full moon and consequent effects on the lunatic wall street frauds) Nothing! 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!     Regulators close 64th U.S. bank this year , U.S. consumer sentiment grim but retail sales jump with gasoline prices up  ,  [$$] 'Junk' Bonds Point to Recession  , Stock Market Parallels to 2000 and 2008 Should Not Be Ignored   , How Low Will Stocks Go?   Michael Kahn, who writes the Getting Technical column for Barrons.com and the QuickTakes Pro blog, has long argued were 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.  50% unemployment & 90% Dow crash also predicted. Newsmax   Tech up? Is this some kind of a joke? Absolute confirmation of dire prospects worldwide since american tech is horrendous.  (Newsmax.com) Robert Wiedemers new book, Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown, quickly is becoming the survival guide for the 21st century. And Newsmaxs 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 Ive archived same on my website; also, because the facts and views presented comport with the facts and views Ive 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 Todays 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 its 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'NeilThe market is building momentum to the downside.]    Russell Napier is the author of the book Anatomy of the Bear, a professor at the Edinburgh Business School and a consultant to CLSA Ltd. which is one of the top research houses in Asia. Napiers research indicates (and I paraphrase) that: The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800) The S&P 500 will then undergo a major crash that will see U.S. equity prices bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30 to 3800 or less) sometime around 2014 as Tobins q drops to 0.3 signaling the end of the bear market, as it has done at the end of the four largest U.S. market declines in 1921, 1932, 1949 and 1982. U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve Currency Robert R. Prechter Jr. is author of a number of newsletters and books including Elliott Wave Principle (1978) in which he predicted the super bull market of the 1980s; At the Crest of the Tidal Wave A Forecast of the Great Bear Market (1995) in which he predicted a slow motion economic earthquake, brought about by a great asset mania, that would register 11 on the financial Richter scale causing a collapse of historic proportions; and Conquer the Crash: You can Survive and Prosper in a Deflationary Depression (2002) in which he described the economic cataclysm that we are just beginning to experience and advised how to position ones self financially during that period of time. 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.    Watch for fake govt data / reports owing to political desperation!  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 cant call this a recovery. Theres no reason to celebrate when a job report was better than expected. Why? Because the expectation was abysmal to begin with. Cisco Systems Incs quarterly results edged past Wall Streets scaled-back expectations ...They beat a low bar. A lot of it is coming from cost cutting, which we anticipated. In that sense its 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. ] Tuesday, Aug.9,2011: 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!  [ Is this some parallel universe where unfounded criticism is levied at S&P for the downgrade when theyve 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 Moodys and Fitch; yet, lets not kid ourselves, S&P is the 800 pound gorilla in this world among rating agencies and moodys, 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. Moodys and fitch, quite frankly, folded. Chinas rating agency has already downgraded u.s. paper and theyre holding (huge amounts of that u.s. junk); and hence, against their own interest. Wake up! 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 cant call this a recovery. Theres no reason to celebrate when a job report was better than expected. Why? Because the expectation was abysmal to begin with. And while were at it, we cant ignore increasing sovereign debt problems in Europe…’  Top 3 Reasons Markets Erased the Years 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, its never been higher. Yes, its 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  previous‘…1) Job cuts. 2 ) ISM service-sector report. Mondays ISM manufacturing report contributed to market losses on Monday, but todays report, though equally negative, didnt quite have the same effect as markets began to level out this afternoon. The ISM service-sector index declined to 52.7% in July. The U.S. service sector accounts for three-fourths of all economic activity, and employs four out of every five U.S. workers , so a 0.5% decline speaks volumes about the state of economic recovery…’  Factory orders for June fell by 0.8% (just because they say the bad news isnt as bad as expected does not make such bad news rally material. Indeed, the huge ralleys based on now revised downward data never seem to retrace that fake data induced stock surge based thereon.    Service sector growth slowest since 2010    Moody's sets negative outlook on BNY, JPMorgan         S&P ends string of losses on tech rebound  Tech rebound? Is this some kind of a joke? Tech up today? Absolute confirmation of dire prospects worldwide since american tech is horrendous. Yet, sizzling childs play is the order of the day and credit still must be given to those [ie., Steve Jobs-Im truly glad he saved Apple, my first computer (apple IIc for word processing / data based records / forms / templates / data which I interfaced with an electric typewriter for letter quality)] who could (as he) identify such novelties as the biggest over-priced / over-valued sensations since the hoola hoop (hoopla hoops - which were pretty cheap and with some minor health benefits to boot).Take this run-up as a gift based on fraudulent wall street b***s*** alone and take this opportunity to sell / take profits / sell today if you missed in may and then go away! Nothing has been solved; maybe forestalled.  Rout spells trouble for Wall Street  / Moody's confirms U.S. rating at Aaa, outlook negative / Chinese rating agency cuts U.S. debt again / Minyanville's T3 Daily Recap: Signed Debt Deal No Cure for Sickly Market  / US auto industry uneasy after weak July sales / Fitch Unimpressed By Debt Deal, GDP; Markets Unimpressed By Fitch / US debt deal alone won't sustain AAA rating / Stocks now down for year as economic concerns grow AP    The Daily Market Report Aug 1st, 2011  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 favorCBO 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 were working our way to actual cutting by cutting to slow the pace of the nations 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 The Truth About The Debt Deal: Its Pretty Much Meaningless Business Insider/ Come on! Who believes their pre-election year data, reports, b***s***? Theres desperation in the air and like never before! One commentator, Peter Shiff, to Frank Motek of 1070am Bus.Report references the sham in Washington; and regardless, points to default by way of inflation, further stating that the debt ceilings already been breached by borrowing. Moreover, he additionally states that default is inevitable by way of inflation; that the fed will be buying the evermore worthless american paper (bonds) and creating/printing evermore worthless american dollars; that theres been a quid pro quo with at least one of the 3 (S&P, Moodys, Fitch) federal licensed rating agencies, viz., of reaffirming the u.s. AAA rating in return for no prosecution surrounding their role in the S&P AAA rated worthless (fraudulent, mortgage-backed, derivative) paper securities (fraud) giving rise to the previous leg of this continuing, ongoing debacle / crisis. He finally goes on to recommend non-u.s., non-dollar denominated assets, precious metals, and alternate currencies. Initial unemployment claims rise to 418000 - Jul. 21, 2011 which bad news sparked wall street rally what total b***s***. No budget deal, celebrated Greek Plan DEFAULT! sounds like a plan!, backward looking earnings results riiiiight! Watch Out: 2011 Looks A Lot Like The Market Top In 2007 at Forbes  Sean Hanlon  / 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, Pimcos 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) …’ Huge suckers’ rally to keep the suckers suckered in this market based upon backward looking data discounted multiple times to the upside (including the apple numbers as recently as last week on ‘leaked’ expectations of ‘better than expected’, etc.), taxpayer funded QE results, and b***s*** alone. This is an especially great opportunity to sell / take profits since there’s much, much worse to come!   IT'S GOING TO HURT 'FOR LONG TIME TO COME' [ Says tiny tim geithner thanks for the heads up tiny tim  God bless us everyone!  As if we didnt already know it / feel it! 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  ]




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, lets 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 cant make any money in money markets, they pay nothing these days!  True enough, but there are many times in ones 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

 

 

 

Nouriel Roubini: Government Gridlock Ensures 2012 Recession Daily Ticker - Nov 23, 2011 {Tell me something that’s not already begun and that I don’t know! Tell us something we don’t know! 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: Its 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,  This is No Cyclical Recession It is a Secular DE-pression   }


 

 

 

$707,568,901,000,000: How (And Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In 6 Months While everyone was focused on the impending European collapse, the latest soon to be refuted rumors of a quick fix from the Welt am Sonntag notwithstanding, the Bank of International Settlements reported a number that quietly slipped through the cracks of the broader media. Which is paradoxical because it is the biggest ever reported in the financial world: the number in question is $707,568,901,000,000 and represents the latest total amount of all national Over The Counter (read unregulated) outstanding derivatives reported by the world's financial institutions to the BIS for its semi-annual OTC derivatives report titled "OTC derivatives market activity in the first half of 2011." Said otherwise, for the six month period ended June 30, 2011, the total number of outstanding derivatives surged past the previous all time high of $673 trillion from June 2008, and is now firmly in 7-handle territory: the synthetic credit bubble has now been blown to a new all time high. What is probably just as disturbing is that in the first 6 months of 2011, the total outstanding notional of all derivatives rose from $601 trillion at December 31, 2010 to $708 trillion at June 30, 2011. A $107 trillion increase in notional in half a year. Needless to say this is the biggest increase in history. So why did the notional increase by such an incomprehensible amount? Simple: based on some widely accepted (and very much wrong) definitions of gross market value (not to be confused with gross notional), the value of outstanding derivatives actually declined in the first half of the year from $21.3 trillion to $19.5 trillion (a number still 33% greater than US GDP). Which means that in order to satisfy what likely threatened to become a self-feeding margin call as the (previously) $600 trillion derivatives market collapsed on itself, banks had to sell more, more, more derivatives in order to collect recurring and/or upfront premia and to pad their books with GAAP-endorsed delusions of future derivative based cash flows. Because derivatives in addition to a core source of trading desk P&L courtesy of wide bid/ask spreads (there is a reason banks want to keep them OTC and thus off standardization and margin-destroying exchanges) are also terrific annuities for the status quo. Just ask Buffett why he sold a multi-billion index put on the US stock market. The answer is simple - if he ever has to make good on it, it is too late.

 

Nothing's Changed: Italy and the December to Remember Breakdown Michael A. Gayed Nov 28, 2011 ‘There has been no turnaround in Italy, and yet the entire decline worldwide in stocks has been sparked by the third largest Eurozone economy.

“There is a condition worse than blindness, and that is, seeing something that isn't there.”

-Thomas Hardy
 
With the big relief rally today in equities, it sure feels like we're headed for an end-of-year rally doesn't it? After all, we just had an immense Black Friday with record-breaking turnout. In one fell swoop markets have jumped, seemingly undoing much of the ugliness that occurred Thanksgiving week in risk assets. Personally, I don't buy it.
 
Nothing has changed – Italy's 10 year yields (as of writing) are still strongly above 7%, leaving the country in the danger zone. As I have noted before on Minyanville, everything hinges on if the temperature in Italy's bond market breaks. The fact that a rally in risk assets is not being confirmed by a drop in danger-zone European yields makes me skeptical of further strength. Furthermore, here in the US Treasuries have staged an impressive intraday rally off of the lows in the morning. A rising stock market should be confirmed by rising Treasury yields.
 
If one is bullish on equities into year-end, you likely have to be bullish on Italy, and more specifically believe that it will outperform the US. Take a look below at the price ratio of the iShares Italy ETF (EWI) relative to the S&P 500 (IVV). As a reminder, a rising price ratio means the numerator/EWI is outperforming (up more/down less) the denominator/IVV.
 
http://image.minyanville.com/assets/FCK_Jan2011/images/November%202011/28/ewiivv%20112811.png

Here is my main point – the trend in weakness looks to be continuing. There has been no turnaround in Italy, and yet the entire decline worldwide in stocks has been sparked by the third largest Eurozone economy. How can we have a sustainable rally if Italy does not recover substantially more than the US when it is what caused the November decline to begin with? I remain a believer until proven otherwise that we are headed for a “December to Remember Breakdown” and that seasonality will have a hard time pulling through this time around. 
 
On another note, I am looking forward to this Friday's Annual Holiday Festivus. My firm, Pension Partners, is supporting the Ruby Peck Foundation for Children's Education, and I encourage those reading this to consider attending. I'll be there for sure.’

 

2011 Looking a Lot Like 2008: Technical Analyst The Wall Street Journal Shipman ‘ Its hardly encouraging that people keep seeing parallels between todays market and that of 2008Bank of America-Merrill Lynch technical analyst Mary Ann Bartels is the latest to see echoes of 2008 in recent market action.The rally in the S&P 500 off the October and August 2011 lows is similar to the rally off the January and March 2008 lows, she wrote in a note today.In June 2008, the S&P 500 broke below the 50-day moving average, and this preceded a move to new lows. Last Mondays break below the 50-day moving average, near 1207, points to a repeat of the 2008 pattern and targets a move down to 1150-1100, with the risk of the October low of 1074 being tested, Bartels wrote. http://s.wsj.net/public/resources/images/OB-QT649_thenan_D_20111128152137.jpg …’

 


New World Disorder - Watch the Stock Market Posted by: ilene Post date: 11/27/2011 - 14:34 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.

Indeed, with Europes entire banking system insolvent (even German banks need to be recapitalized to the tune of over $171 billion) the outcome for Europe is only one of two options:

1)   Massive debt restructuring

2)   Monetization of everything/ hyperinflation

These are the realities facing Europe today (and eventually Japan and the US). Either way we are talking about the destruction of tens of trillions of Euros in wealth. The issue is which poison the European powers that be choose.

Personally, I believe we are going to see a combination of the two with deflation hitting all EU countries first and then serious inflation or hyperinflation hitting peripheral players and the PIIGS.

In terms of how we get there, I believe that in the next 14 months, the following will occur.

1)   Germany and possibly France exit the Euro

2)   ALL PIIGS defaulting on their debt

3)   Potential hyperinflation in the PIIGS and peripheral EU countries

Regarding #1, we are already beginning to see hints of this development in the press:

DEATH OF THE EURO: SECRET PLOT TO WRECK THE CURRENCY

Ministers are understood to be deeply concerned that French President Nicolas Sarkozy and Germanys Chancellor Angela Merkel are secretly plotting to build a new, slimmed down Eurozone without Greece, Italy and other debt-ridden southern European nations.

Well-placed Brussels sources say Germany and France have already held private discussions on preparing for the disintegration of the Eurozone.

http://www.express.co.uk/posts/view/283060

FRENCH AND GERMANS EXPLORE IDEA OF SMALLER EURO ZONE

German and French officials have discussed plans for a radical overhaul of the European Union that would involve setting up a more integrated and potentially smaller Euro zone, EU sources say.

France and Germany have had intense consultations on this issue over the last months, at all levels, a senior EU official in Brussels told Reuters, speaking on condition of anonymity because of the sensitivity of the discussions.

We need to move very cautiously, but the truth is that we need to establish exactly the list of those who dont want to be part of the club and those who simply cannot be part, the official said.

http://www.reuters.com/article/2011/11/09/us-Eurozone-future-sarkozy-idUSTRE7A85VV20111109

With no one willing to foot the bill for the EFSF the markets are hoping Germany will step in and save the day. However, the German constitution forbids Germany from backing Euro-bonds.

German EconMin: court verdict rules out Euro bonds

German Economy Minister Philipp Roesler said on Thursday the constitutional courts ruling on Euro aid made it clear that joint Euro zone bonds were not an option.

Addressing left-wing opposition parties in the Bundestag lower house of parliament, Roesler said: You continue to talk up Euro bonds although the constitutional court yesterday made it clear that as transfer union such as the one you propose on the left will never be possible, never be allowed.

We dont want it politically, either, and we will not let the German taxpayer be obliged to pay for the debt of other countries, he said in a parliamentary budget debate.

http://www.reuters.com/article/2011/09/08/Eurozone-germany-Eurobonds-idUSB4E7K600L20110908

Moreover, Germans will simply not permit the monetization of debt. Weimars hyperinflation happened in the early 1920s and is still fresh in the memories of the German people (those who lived through it undoubtedly told their children and grandchildren about it). So the German people will not tolerate price instability in any form.

Germany is not alone in having little or no desire to attempt to backstop the system. Indeed, NONE of the G20 countries wish to support the EFSF from a monetary standpoint (yet another sign that the bailout game is ending).

No new Euro zone money for debt crisis at G20

The Euro zone won verbal support but no new money at a G20 summit on Friday for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively placed under IMF supervision.

Leaders of the worlds major economies, meeting on the French Riviera, told Europe to sort out its own problems and deferred until next year any move to provide more crisis-fighting resources to the International Monetary Fund.

There are hardly any countries here which said they were ready to go along with the EFSF (Euro zone rescue fund), German Chancellor Angela Merkel told a news conference.

http://www.reuters.com/article/2011/11/04/us-g-idUSTRE7A20E920111104

So everyone claims they want to support the EFSF but no one wants to commit the money. Moreover, Germanys constitution forbids the backing of Euro bonds and the EFSF itself has failed to stage even a three billion Euro bond offering under normal market conditions.

Again, the bailout game is ending. Under these conditions, I believe Germany and France will push to either:

1)   Leave the EU

2)   Draft legislation that allows countries to leave the Euro but remain in the EU

3)   Propose kicking out the PIIGS from the Euro

Whichever one of these options Germany opts for, the Euro will collapse. Indeed, the primary reason the Euro has been rallying since October is due to French banks and others selling assets (buying Euros) to recapitalize themselves.

Put another way, the Euro rally is in fact NOT a sign of currency strength. Instead, it is a sign that the major players are moving to cash (Euros) in an attempt to lower their exposure to PIIGS debt.

Indeed, if we look at the bond or credit markets, its clear were into a Crisis far greater than 2008. Forget the stock market rally. Stocks ALWAYS get it last (just like in 2008). And before the smoke clears on this mess were going to see sovereign defaults, bank holidays, riots, and more.

Many people will lose everything in this mess. Yes, everything…’

 

 

 

 

EURO FIX RUMORS November 28, 2011  Dave’s Daily: http://www.etfdigest.com Markets rallied sharply on little hard news Monday beyond rumors. The rally boiled down to one thing—markets were oversold. (I pointed this out in the $NYMO (McClellan Oscillator) on Wednesday and again Friday.)

 Sure, headlines had it another euro zone fix was rumored to be close but there wasnt any hard news to support this. In fact, most of the news there was negative with Germanys Finance Minister Schaeuble stated that the country would not accept any euro bonds in any form whatsoever. Later it was reported France and Germany were prepared to take drastic action while the IMF was rumored to be drafting an $800 billion bailout plan for Spain and Italy. And, if the IMF is in then so is the U.S. with another large bailout given its large IMF commitment, and so it goes.

 A classic chart well-demonstrates that Europe is quickly heading to recession as noted below:

http://i238.photobucket.com/albums/ff171/flyfry/new%20album/image004-65.gif 

Britain is worried eurozone issues will drag Britain into recession and bailouts as well.

 It was expected that short interest in U.S. markets would be high; thereby reinforcing a massive short squeeze but it turns out via the NYSE that short interest was falling.

 

http://www.etfdigest.com/images/stories/image006.jpg

click to enlarge image

 Most of the so-called good news was Black Friday was a big success for retailers making bulls giddy consumers will be buying like crazed shoppers this year. That remains to be seen.

 So, we turn back to the $NYMO as presented before todays closing calculation as we saw it Fridaymuch oversold.

 http://i238.photobucket.com/albums/ff171/flyfry/new%20album/image008-50.jpg

Stocks leapt higher on this enthusiasm which may only see follow-through if economic data the rest of the week is positive, the euro is saved again and bulls push the seasonal rally theme. Another notion was if the Bush era tax rates rise then the Fed will be forced to QE3 and that would be bullish in the short-term should it occur. And speaking of the Fed and lost in the bullish enthusiasm, was this disgusting release of how secret Fed loans helped banks net $13 billion in profits.

 

The dollar fell, commodities rallied, bonds sold-off as stocks rose sharply reversing much of the previous weeks losses. There wasnt any particular market leadership beyond sectors with the highest betas and most oversold.

 

You cant make any of this stuff up but there it isbut waittheres more!

 

BREAKING: Fitch puts negative outlook on U.S. credit rating. Rumor: S&P to put France on negative outlook in 10 days. Um, so theres time then?

 

FACT: Obama tells Europeans to take decisive action on debtseriously?

 

Volume was modest given the magnitude of the rally while breadth per the WSJ (90/10 on volume) was quite positive breaking short-term oversold conditions…’

 

 

 

Guest Post: A Glimpse Into The Future Of The Stock Market And DollarA lot of technical analysts and financial pundits are expecting a standard-issue Santa Claus Rally once a "solution" to Europe's debt crisis magically appears. There will be no such magical solution for the simple reason the problems are intrinsic to the euro, the Eurozone's immense debts and the structure of the E.U. itself. The accident has finally happened, and it's called the euro/European debt crisis. I see a lot of analysts trying to torture a Bullish interpretation out of the charts, so let's take a "nothing fancy" chart of the broad-based S&P 500 with five basic TA tools: Bollinger Bands to measure volatility, relative strength (RSI), MACD (moving average convergence-divergence), stochastics and volume. If we use Technical Analysis 101 (basic version), a number of things quickly pop out of this chart--and none of them are remotely bullish.

 

 

Britain's Foreign Office Prepares For Riots In Europe; Sees Euro Collapse "When, Not If", the status quo is set to change dramatically. Nowhere is this climax playing out louder than in Europe and the implicit solution of Germany-uber-alles (while seemingly inevitable though nevertheless lengthy in execution) is likely to not sit well with many of the EMU nations. To wit, The Telegraph today reports that Britain's Foreign Office is advising its overseas embassies to draw up plans to help expats should the collapse of the Euro turn explosive. Almost incredibly, a senior minister has revealed that Britain is now planning on the basis that a euro collapse is matter of time.

 

 

EFSF "Guidelines"Buy the rumor, sell the news? Investors bought the rumor, then sold the lack of news, I think you are supposed to sell the news again, as there is nothing in this document that provides evidence that they get it, or that any scale can ever be achieved, and if anything, it makes you wonder if they will even get to the 440 billion of support the market thought they had back in July.

 

 

 

Stocks Finish Monday Near Highs But Rally Looks Limp   Forbes / Scott Redler ‘ The S&P finished Monday up nearly 3% following a strong start to the holiday shopping season and optimism about further intervention in Europe.

The Nasdaq was even stronger today, finishing up 3.5%. Stocks closed about where they opened thanks to a late surge into the close.