12-06-11 POSTS 

 

[To today’s News / Topics]

 

 

 

 

 

 

U.S. is playing behind-the-scenes role to help contain debt crisis in Europe Officials are cajoling leaders to take steps to calm markets and trying to mediate among governments. (Washington Post) [ Riiiiight! The warm and fuzzy pervasively corrupt, defacto bankrupt u.s.. Come on Europe! Wake up! Don’t act as dumb as you seem! Did anyone realistically believe that despite the impending death of the dollar, though quite separate from the burgeoning euro, that europe’s and america’s interests coincided, at least from the ever insecure american perspective. Whether it’s the money-drain (squid) goldman sachs, the fed, or the u.s government, their actions to undermine the success of the euro / eurozone cannot be overstated. Those recently adopted criminal american modus operandis don’t even work in defacto bankrupt america. The frauds on wall street et als should be criminally prosecuted, jailed, fined, and disgorgement imposed!  Train Reading: The Stock Market Is (Criminally) Insane The Wall Street Journal  , Fraud, b***s***, desperation, the previous ultimate short squeeze/short-covering irrationally exuberant rally, this is still  an especially great opportunity to sell / take profits because theres much, much worse to come! Only a fool believes what they say! ( US Economic Data Reporting Now Officially A Farce: Every Economic Data Point Prints 4+ Std Devs Above Consensus Zero Hedge | It appears that central bank intervention was not the only thing in full force today.) 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 MF GLOBAL EXPLAINED http://www.youtube.com/watch?v=jLt05sN7vK0&feature=player_embedded  [This brief (pithily succinct) video explains causal links between OTC derivatives, the financial crisis of 2008, Alan Greenspan, Robert Rubin, Larry Summers, Jon Corzine and MF Global. (10 minutes-well worth it) , Quantitative Easing Explained  http://www.youtube.com/watch?v=PTUY16CkS-k  (6 minutes-well worth it). ,   Famed economist predicts economic calamity in 2012. See the evidence.   http://w3.newsmax.com/a/aftershockb/video.cfm   50% unemployment & 90% Dow crash also predicted. Newsmax   http://w3.newsmax.com/a/aftershockb/video.cfm    ,  Economic / Financial Collapse Imminent Stansberry  Investment Advisory http://www.albertpeia.com/stansberrysinvestmentadvisory.flv    Harry Dent, Jr. Economy will be in a Depression by 2011 Dow will Fall to 3,800 4,500 by 2012 Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest. U.S. Dollar will Decline Housing will Decline by 40 60% from Todays Levels Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012). , Goldman Turns Bearish: Squid Releases Top Trades For 2012... And It's Not PrettyThe much anticipated Goldman Sachs list of "Top Trades Recommendations for 2012" is out... And the squid is bearish. Which is bad news , Market Rally Won't Last Long  Forbes  Halah Touryalai, Forbes Staff ,  SPX Update: Market Still Looks To Be Forming a Top  Jason Haver Dec 06, 2011 In conclusion: It remains a trader's market, as so far every break of important support or resistance has led nowhere. I continue to favor the bearish short-term resolution, as well as the bearish long- and medium-term views , What’s wrong with this picture: Wall St rises on EU summit hopes     Asia climbs ahead of European meetings [Riiiiight! Addicted to hopium? Déjà vu all over again? This is beginning to be beyond ridiculous. There is no viable solution beyond their disingenuously, meretriciously saying so amidst the typical spin and b***s*** to froth the markets! ] , RALLY FIZZLES OUT AFTER HOT RUMOR FROM EUROPE: Here's What You Need To Know Business Insider The second day of Europe's hell week was relatively quiet until another rumor sparked markets during late trading. , S&P Puts 15 Euro Nations on Downgrade Watch Wall St. Cheat Sheet ‘… The outlook change is disastrous for Europe”…’ , Is the Fed Leaking Again?  http://gainspainscapital.com  , S&P says EFSF could be downgraded (Reuters) , Tremors from a euro collapse would be global, with U.S. recession likely (Washington Post) , Bloomberg Fires Back At Bernanke's Blustering Rebutall It appears 'It Is On' as Bloomberg offers its well-reasoned and eloquent response to Mr. Bernanke's 'egregious errors' note to Congress. , Guest Post: A Very Subtle Form Of TheftBernie Madoff .. ran one of the largest private-sector Ponzi schemes in history and always heeded the golden rule of financial scams: make sure your inflows are greater than your outflows. He was finally done in when redemptions exceeded new investments. He didnt have enough cash to pay out investors, and he wasnt able to scam more people into paying in to the scheme. As a result, Madoff finally had to admit that the whole thing was a total fraud. Governments around the world are in similar situations right now with their own public sector Ponzi schemes. Faced with failed auctions, declining demand, and rising yields, politicians are having to resort to desperate measures. Like any good scam artist, theyre appealing to the masses first; all over Europe, governments are sponsoring new marketing campaigns suggesting that its peoples patriotic duty to buy government debt. , Has The Imploding European Shadow Banking System Forced The Bundesbank To Prepare For Plan B? While much has been said about the vagaries in the European repo market elsewhere, the truth is that the intraday variations of assorted daily metrics thereof indicate three simple things: a scarcity of quality assets that can be pledged at various monetary institutions in exchange for cash or synthetic cash equivalents, a resulting lock up in interbank liquidity, and above all, a gradual freeze of the shadow banking system..we may be experiencing the attempt by the last safe European central bank - Buba - to disintermediate itself from the slow motion trainwreck that is the European shadow banking (first) and then traditional banking collapse (second and last). Because as Lehman showed, it took the lock up of money markets - that stalwart of shadow liabilities - to push the system over the edge, and require a multi-trillion bailout from the true lender of last resort. The same thing is happening now in Europe.. , Layoffs Watch 11: Citi , Social Security 2011 Another Bad Year Krasting ,   HUGE RALLY CUT IN HALF AFTER EUROZONE RATINGS BOMBSHELL: Here's What You Need To Know Business Insider Sam Ro Europe's hell week begins with new EU treaty proposals and reports of an S&P ratings action bombshellU.S. economic data was largely overlooked during this morning's rally.  The ISM services number unexpectedly fell to 52.0, missing the expectation of an increase to 53.9.  This also compares to last month's number of 52.9.  October factory orders fell 0.4%, which was slightly worse than the 0.3% decline expected.  September factory orders were revised sharply lower…’ ,  Confirmed: Not Just AAA Nations, but *All 17* Euro Nations to Be Put on Notice for Downgrade The Wall Street Journal , Standard & Poors Puts Ratings On Eurozone Sovereigns On CreditWatch With Negative Implications Dec 5th, 2011 (Standard & Poors) , Graham Summers  Weekly Market Forecast (Fade the Fed? Edition) December 5th, 2011  Equities got giddy last week when the worlds central banks, lead by the US Federal Reserve, lowered the global cost of borrowing Dollars. Regardless of the markets reaction, the whole thing smells of desperation and quite frankly, everyone should be questioning the Feds moveThe IMF, Bank of England, and others have warned of a systemic collapse do you think theyre doing this for fun?Many investors will have their portfolios wiped out in the coming carnage. It could be next week, or it could take place next year but we ARE heading into a Crisis that will be worse than 2008…’ , Gallup Finds Recent Job Boost Due To "Temp And Part-Time" Hiring; Underemployment Greater Than Prior Year  While the BLS unemployment number, fudged strategically to lower the denominator, or the total labor force, may have come well better than expected (as somehow miraculously ever more people find the shadow economy a more hospitable place where to make their money and drop off the BLS roll forever) we once again go to that trusty fallback, the monthly Gallup poll of underemployment. What we find here is rather different from what the BLS, and the administration would like us to believe, namely that "underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 18.1% in November, as measured by Gallup without seasonal adjustment. That is up from 17.8% a month ago and 17.2% a year ago." Said simply, "many employers appear to have chosen to hire part-time rather than full-time employees for this holiday season." , Solyndra Schadenfreude As Goldman Sachs Played Key RoleWhile we are not completely shy of saying we-told-you-so, in the case of the players in Solyndra's fantastic rise and fall, we are more than happy to. Back in September we highlighted Goldman Sachs' key role in the financing rounds of the now bankrupt solar company and this evening MarketWatch (and DowJones VentureWire) delves deeper and highlights how the squid has largely stayed out of the headlines (what's the opposite of lime-light?) in this case despite its seemingly critical assistance and support from inception to pre-destruction. Goldman's involvement in Solyndra, and its lofty valuation projections, lent credibility to the company and helped rouse investor interest and it was this private interest that was cited by DoE officials as a considerable factor in its loan guarantee program. As we said before, anywhere you look, Goldman has been there and left its mark... , The Black Friday Shopping Hangover Is Coming: David Rosenberg Explains Here Comes The S&P Downgrade Barrage - Full Statement, In Which S&P Says France May Get Two Notch DowngradeJeremy Grantham Releases The Scariest Market Forecast YetMUST SEE Bernankes Stealth Bailout For Wall Street Kept Secret From Congress Daily Bail | Bernanke runs his own private dictatorship. , How The U.S. Will Become a 3rd World Country (Part 2) Hera Research | The United States is quickly coming to resemble a post industrial neo-3rd-world country.,  SPX Update: Topping Again? Minyanville Jason Haver Dec 02, 2011 The market is giving several signals that a top may be near In conclusion, I remain medium and long term bearish. , Lies, Damned Lies, and (Unemployment) Statistics Mac Slavo | The actual unemployment rate in the United States is in excess of 22%.  ,  Number of Jobless Without Benefits Grows Dec 2nd, 2011 News ‘…The decline in unemployment was driven in part by the disappearance of some 315,000 people from the labor force. If they havent looked for work in the past four weeks, theyre not counted as unemployed the Labor Department estimated that as of November, a seasonally adjusted 6.6 million people considered not in the labor force actually did want work. That number was up 192,000 from October…’ Economy Creates 120,000 Jobs, Rate Tumbles to 8.6% Dec 2nd, 2011 (CNBC)PG View: Slate columnist Matt Yglesias tweeted this shortly after the jobs report came out: Decreasing unemployment by shrinking the labor force is not exactly winning the future. , How The U.S. Will Become a 3rd World Country (Part 2) The United States increasingly resembles a 3rd world country in terms of unemployment, lack of economic opportunity, falling wages, growing poverty and concentration of wealth, government debt, corporate influence over government and weakening rule of law. , EUR Shorts Surge, Back To 17 Month Highs As Bearish Sentiment Returns , Bob Janjuah Explains Why The Worst Is Still Ahead Of Us America To Go The Way Of The Roman, British Empires Forbes Robert Lenzner, Forbes Staff

, A Hedge Fund Insider Explains Why Retail Investors Should Flee The Stock MarketTHE MARKET IS MISREADING ECONOMIC DATA -- IT'S TIME TO GET SHORT  http://www.bullfax.com/?q=node-market-misreading-economic-data-its-time-get-short  12/01/2011 The Independent Investor , Chinese manufacturing activity slows Dec 1st, 2011  (Financial Times) , US initial jobless claims +6k to 402k for the week ended 25-Nov, above mearket expectations of 390k, vs upward revised 396k in previous week. Dec 1st, 2011 ,  Another Confirmation of the Solvency Crisis Masquerading as a Liquidity Problem   Atlantic Capital Management Dec 01, 2011 ‘The Federal Reserve is once again reaching into its controversial "unconventional" toolkit -- meaning stocks are, for now, celebrating the near meltdown of modern global banking. , SPX Update: Ben Bernanke Lends Money, Saves the World?  Jason Haver Dec 01, 2011   ‘At this point, despite the massive three-day rally, there are still a few unanswered questions. I remain medium and long term bearish, while the short-term picture has become a bit clouded.’ ,  What Does the Fed Know That We Don’t? 12-01-11 The thought that should be on every investor’s mind today is “Why did the Fed have to stage the coordinated intervention yesterday?’Put another way, what exactly does the Fed know that we don’t?The whole thing smells fishy to me. Aside from the fact that the Fed clearly leaked its intentions as early as Monday night (hence the reason stocks rallied while credit markets weakened), there’s something peculiar about the fact the Fed chose to do this at the end of November. Why November 30? Why not today or Tuesday?I think the answer is that the Fed stepped in to help its institutional investor/ hedge fund buddies.’  BofA, Goldman Sachs, Citigroup Credit Ratings Cut by S&P Nov 30th, 2011 (Bloomberg) , Planned layoffs surpass 2010 total CNNMoney | Cuts announced this year are up 13% overall. , The Easy Fix? Can Europe Print Its Way Out of Trouble? ETFguide  ‘the long-term outlook is as dark as night inside the Grand Canyon…’ , Global Coordinated Desperation and the December to Remember Breakdown Minyanville Michael A. GayedWith global central bank desperation (I mean coordination) announced this morning and the big jump up in risk assets…’ , The Fed is So Predictable Chris Celi 11/30/2011 The Fed is becoming a gigantic waste basket of bad assets. Waste baskets do not have infinite capacity.  Central Banks’ Latest Move Shows Desperation George Washington 11/30/2011 Hey, at least a handful of Ben's buddies will make a bundle ...  Deflation is coming South of Wall Street 11/30/2011 It isn't avoidable , Don't Be Foolish, Sell the Next Key Level In the S&P 500 Forbes/Troccoli  http://blogs-images.forbes.com/thechartlab/files/2011/11/spafter.png  , Wall Street Watch: S&P Cutting Spree, Germany Faces RecessionWall St. Cheat Sheet , AN UNCONVINCING RALLY http://www.istockanalyst.com/finance/story/5571238/an-unconvincing-rally  By: Cam Hui   , BANK DOWNGRADE RAMPAGE: Goldman, Bank Of America, Morgan Stanley, Wells Fargo, And Citigroup Just Got Cut By S&P Business Insider | Standard & Poor’s ratings service just cut the ratings of Goldman Sachs, Bank of America, Morgan Stanley and Citigroup from A to A-. , China Manufacturing Contracts As New Export Orders See Biggest 2 Month Drop Since Dec2008UPDATE: HSBC China Manufacturing PMI prints at 47.7, deteriorating at fastest rate (and lowest level) in 32 Months , Goldman On Today's Coordinated Central Bank Bailout: "It Isn’t Enough To Save Anyone Or Solve Averything" And "Why Now?" The Punch Line: "Crash Test - Bracing For Breakup"  , For The First Time In History, Fed Will Buy AND Sell Treasurys At The Same Time On FridayEgan Jones Downgrades France From AA- To A; Negative Watch, Sees Debt/GDP Rising From 91% to 117% By 2013Of Imminent Defaults And Self Deception. Kyle Bass Prepares For The WorstIn his latest letter to LPs, Kyle Bass of Hayman Capital Management, offers his tell-tale clarity on what may lie ahead for Europe and Japan. With his over-arching thesis of debt saturation becoming more plain to see around every corner, Bass bundles the simple (and somewhat unarguable) facts of quantitative analysis with a qualitative perspective on the cruel self-deception that we all see and read every day about Europe.Whether it is Kahneman's "availability heuristic" (wherein participants assess the probability of an event based on whether relevant examples are cognitively "available"), the Pavlovian pro-cyclicality of thought, or the extraordinary delusions of groupthink, investors in today’s sovereign debt markets can't seem to envision the consequences of a default. ,  Fed Economists Predict A 15 Year Bear Market For Stocks News (BusinessInsider)  ,    http://www.economist.com/content/global_debt_clock is ticking! ,    Senate Passes Bill Allowing Indefinite Detention of Americans ... Considers Bill Authorizing More Torture Posted by: George Washington Post date: 11/29/2011 - 20:53 USA, USA, USA ... Number One in ... cough ... Fascism ... cough , SPX Update: Sell the Bounce   Jason Haver Nov 29, 2011 ‘This bounce might not last long, and new lows are expected to follow., BANK DOWNGRADE RAMPAGE: Goldman, Bank Of America, Morgan Stanley, Wells Fargo, And Citigroup Just Got Cut By S&P Business Insider | Standard & Poor’s ratings service just cut the ratings of Goldman Sachs, Bank of America, Morgan Stanley and Citigroup from A to A-.  , Foreclosure Fraud | Lender Processing Services Robo-signer Whisleblower Found Dead in Nevada Posted by: 4closureFraud Post date: 11/29/2011 , You Cannot Build a Financial System on Rumors and Lies  http://gainspainscapital.com  

 

 

 

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



 

Geithner backs Merkels crisis plan (Washington Post) [ The kiss of death from former money-draining/grubbing goldman sachs (aka the squid) man, tiny tim geithner. Wow! With endorsements like that (Americas debt woe is worse than Greeces News (CNN) Our government is utterly brokeThe governments total indebtedness is $211 trillion ) who needs opposition.  , Solyndra Schadenfreude As Goldman Sachs Played Key RoleWhile we are not completely shy of saying we-told-you-so, in the case of the players in Solyndra's fantastic rise and fall, we are more than happy to. Back in September we highlighted Goldman Sachs' key role in the financing rounds of the now bankrupt solar company and this evening MarketWatch (and DowJones VentureWire) delves deeper and highlights how the squid has largely stayed out of the headlines (what's the opposite of lime-light?) in this case despite its seemingly critical assistance and support from inception to pre-destruction. Goldman's involvement in Solyndra, and its lofty valuation projections, lent credibility to the company and helped rouse investor interest and it was this private interest that was cited by DoE officials as a considerable factor in its loan guarantee program. As we said before, anywhere you look, Goldman has been there and left its mark... , Of Imminent Defaults And Self Deception. Kyle Bass Prepares For The WorstIn his latest letter to LPs, Kyle Bass of Hayman Capital Management, offers his tell-tale clarity on what may lie ahead for Europe and Japan. With his over-arching thesis of debt saturation becoming more plain to see around every corner, Bass bundles the simple (and somewhat unarguable) facts of quantitative analysis with a qualitative perspective on the cruel self-deception that we all see and read every day about Europe.Whether it is Kahneman's "availability heuristic" (wherein participants assess the probability of an event based on whether relevant examples are cognitively "available"), the Pavlovian pro-cyclicality of thought, or the extraordinary delusions of groupthink, investors in todays sovereign debt markets can't seem to envision the consequences of a default. , SPX Update: Market Still Looks To Be Forming a Top  Jason Haver Dec 06, 2011 In conclusion: It remains a trader's market, as so far every break of important support or resistance has led nowhere. I continue to favor the bearish short-term resolution, as well as the bearish long- and medium-term views , What’s wrong with this picture: Wall St rises on EU summit hopes     Asia climbs ahead of European meetings [Riiiiight! Addicted to hopium? Déjà vu all over again? This is beginning to be beyond ridiculous. There is no viable solution beyond their disingenuously, meretriciously saying so amidst the typical spin and b***s*** to froth the markets! ] , RALLY FIZZLES OUT AFTER HOT RUMOR FROM EUROPE: Here's What You Need To Know Business Insider The second day of Europe's hell week was relatively quiet until another rumor sparked markets during late trading. , S&P Puts 15 Euro Nations on Downgrade Watch Wall St. Cheat Sheet ‘… The outlook change is disastrous for Europe”…’ , Is the Fed Leaking Again?  http://gainspainscapital.com  , S&P says EFSF could be downgraded (Reuters) , Tremors from a euro collapse would be global, with U.S. recession likely (Washington Post) , Bloomberg Fires Back At Bernanke's Blustering Rebutall It appears 'It Is On' as Bloomberg offers its well-reasoned and eloquent response to Mr. Bernanke's 'egregious errors' note to Congress. , Guest Post: A Very Subtle Form Of TheftBernie Madoff .. ran one of the largest private-sector Ponzi schemes in history and always heeded the golden rule of financial scams: make sure your inflows are greater than your outflows. He was finally done in when redemptions exceeded new investments. He didnt have enough cash to pay out investors, and he wasnt able to scam more people into paying in to the scheme. As a result, Madoff finally had to admit that the whole thing was a total fraud. Governments around the world are in similar situations right now with their own public sector Ponzi schemes. Faced with failed auctions, declining demand, and rising yields, politicians are having to resort to desperate measures. Like any good scam artist, theyre appealing to the masses first; all over Europe, governments are sponsoring new marketing campaigns suggesting that its peoples patriotic duty to buy government debt. , Has The Imploding European Shadow Banking System Forced The Bundesbank To Prepare For Plan B? While much has been said about the vagaries in the European repo market elsewhere, the truth is that the intraday variations of assorted daily metrics thereof indicate three simple things: a scarcity of quality assets that can be pledged at various monetary institutions in exchange for cash or synthetic cash equivalents, a resulting lock up in interbank liquidity, and above all, a gradual freeze of the shadow banking system..we may be experiencing the attempt by the last safe European central bank - Buba - to disintermediate itself from the slow motion trainwreck that is the European shadow banking (first) and then traditional banking collapse (second and last). Because as Lehman showed, it took the lock up of money markets - that stalwart of shadow liabilities - to push the system over the edge, and require a multi-trillion bailout from the true lender of last resort. The same thing is happening now in Europe..

 

 

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

 

 

 

France’s Sarkozy faces criticism at home (Washington Post) [ And not just at home! S&P Puts 15 Euro Nations on Downgrade Watch Wall St. Cheat Sheet ‘… The outlook change is “disastrous for Europe”…’  Guest Post: A Very Subtle Form Of TheftBernie Madoff .. ran one of the largest private-sector Ponzi schemes in history and always heeded the golden rule of financial scams: make sure your inflows are greater than your outflows. He was finally done in when redemptions exceeded new investments. He didn’t have enough cash to pay out investors, and he wasn’t able to scam more people into paying in to the scheme. As a result, Madoff finally had to admit that the whole thing was a total fraud. Governments around the world are in similar situations right now with their own public sector Ponzi schemes. Faced with failed auctions, declining demand, and rising yields, politicians are having to resort to desperate measures. Like any good scam artist, they’re appealing to the masses first; all over Europe, governments are sponsoring new marketing campaigns suggesting that it’s people’s patriotic duty to buy government debt. , Has The Imploding European Shadow Banking System Forced The Bundesbank To Prepare For Plan B? While much has been said about the vagaries in the European repo market elsewhere, the truth is that the intraday variations of assorted daily metrics thereof indicate three simple things: a scarcity of quality assets that can be pledged at various monetary institutions in exchange for cash or synthetic cash equivalents, a resulting lock up in interbank liquidity, and above all, a gradual freeze of the shadow banking system..we may be experiencing the attempt by the last safe European central bank - Buba - to disintermediate itself from the slow motion trainwreck that is the European shadow banking (first) and then traditional banking collapse (second and last). Because as Lehman showed, it took the lock up of money markets - that stalwart of shadow liabilities - to push the system over the edge, and require a multi-trillion bailout from the true lender of last resort. The same thing is happening now in Europe..’ , Of Imminent Defaults And Self Deception. Kyle Bass Prepares For The WorstIn his latest letter to LPs, Kyle Bass of Hayman Capital Management, offers his tell-tale clarity on what may lie ahead for Europe and Japan. With his over-arching thesis of debt saturation becoming more plain to see around every corner, Bass bundles the simple (and somewhat unarguable) facts of quantitative analysis with a qualitative perspective on the cruel self-deception that we all see and read every day about Europe.Whether it is Kahneman's "availability heuristic" (wherein participants assess the probability of an event based on whether relevant examples are cognitively "available"), the Pavlovian pro-cyclicality of thought, or the extraordinary delusions of groupthink, investors in today’s sovereign debt markets can't seem to envision the consequences of a default.

 

 

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



 

Parker: Gingrich’s tone-deaf remarks on the poor  (Washington Post) [ Let me say at the outset, whether correct or not, when it comes to sharpton, the medium is the message (I never got past that ‘Call Me Twana, Bwana’ thing with him  http://albertpeia.com/tawana.htm  - When I wrote this I was still ‘a bit miffed’ by having just been mugged by 4 blacks and 2 hispanics here in LA, along with the anti-white predisposition of blacks as well, here in LA particularly ). Yet, in sharpton’s and partner mason’s ‘legal’ (illegal) heyday, I actually represented a black man, a walk-in/recently out of the army, whose unfortunate accident with his (owned) truck left him in arrears/default on his mortgage, which suit came before the late Honorable (among the few in jersey) U.S.D.C. Judge Sarokin (Rubin ‘Hurricane’ Carter case) upon my motion for failing to meet the amount in controversy, $75,000 –strictly construed, plaintiff midlantic bancorporation’s counsel miscounted and was off by less than $300. [ Some lawyers can’t count or do anything right: This is from a reply to the Congresswoman Roybal-Allard’s query ‘…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 (missed a filing date) 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…’ ]  In state superior court, we opened, then on cross of their first ‘expert’ witness (regarding the amounts due), I moved to dismiss and strike the testimony for having failed and being unable to qualify said witness (owing to a very parochial and strict state rule of evidence in jersey – he had no other such witness for said purpose). The Honorable (among the few in jersey) Judge Weiss was inclined to rule accordingly, took us in chambers and strongly suggested opposing counsel call his client bank to sanction a favorable settlement to my client. The point is, I’m not a racist nor prejudiced. But, I am objective and a realist. I did ‘pay a big price’ for said embarrassment to the bank’s counsel; and, they made sure I knew it. That said, let me reiterate that the inclusion of sharpton as a purveyor of rectitude leaves me somewhat less than receptive to Ms. Parker’s point. Yet again, so slimy and egregious is gingrich’s patronizing ‘showing up on Monday‘ remark that I’m constrained to ask, ‘is that what gingrich recently did for the $37 million from corporate “favor-seekers”?’. Or is it more likely he didn’t have to show up at all? The latter’s the reality, and from his record in being ‘driven from office on a rail’, one must wonder what he among others ever got paid for. Then there’s the ‘mobster trump thing’ (corrupt sister maryanne trump barry, newly appointed for said purpose, did corrupt a RICO action in which hundreds of thousands of illegal (drug) funds were being laundered through her brother’s casinos yet wouldn’t recuse herself despite my motion (see  http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm     ).

 

Will: Stop the coronation Both Gingrich and Romney are too risky to anoint today. (Washington Post) [ Wise counsel! Truer than true, and needed to be said; and, now to be heeded. Mitt vs. Newt Two significantly flawed Republican front-runners (Washington Post) [ Mr. Krauthammer’s quite right! It truly is quite amazing! Who rationally coulda’ thunk it? And, of all times in this nation’s very brief (even in this world’s ‘scheme of things’, and certainly generally) history; viz., on the cusp of debacle where only the magnitude is in question. Obama, Romney and Gingrich have a lot in common — except on governing COLUMN | The two GOP front-runners want to be compared with Ronald Reagan. Actually, they have a lot more in common with the current president. (Washington Post) [ Yeah! I’d say it’s that ‘pathetic factor’; and, for america particularly. Indeed, that ‘been there, done that’, clear failure; so, let’s do it again, for familiarity / nostalgia’s sake. Yes, sounds like the non-plan plan. When in doubt, travel the failed road most traveled by, which of course, makes all the difference; viz., failure as previously rendered or the possibility of success along the Fosterian road less traveled by for an outcome other than failure. GOP candidates show differences on national security and terrorism Presidential hopefuls clash on withdrawing from Afghanistan, aid to Pakistan, Iran and balancing homeland protection with civil liberty preservation. (Washington Post) [ I’m still nonplused how the likes of gingrich, ‘slimy newt’, who near literally was ‘ridden out on a rail’ / driven from office for innumerable scandals, now proven misguided policies, errors in judgment, etc., is even considered viable when clearly new approaches are needed. His post office (no pun intended) ‘employment’ was parasitic by any standard and in no small measure, and involves the troubled, nation-draining Freddy’s/Fannie. Then there’s the surreal when discussions revolve around the destructive and self-destructive welfare programs for the military industrial complex so warned against by the great but underrated President General Eisenhower. Wake up! The nation’s broke! No other nations are spending more than a small fraction of what america’s spending on same. America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke…The government’s total indebtedness is $211 trillion   Drudgereport: THE (SLIMY) NEWT TO MEET THE (MOBSTER) DONALD...
(VO)
MITT COURTS (WAR CRIMINAL/INCOMPETENT) GEORGE H.W. BUSH...
Ron Paul Hits Gingrich for Hypocrisy…[Indeed! In fact, Ron Paul, if not the nominee should run as 3rd Party / Independent Presidential Candidate! It’s time for pervasively corrupt, defacto bankrupt america to get off the same well-worn path of ineluctable decline and failure! ]...   Iowa activists reevaluating Gingrich SUNDAY TAKE | They wrote off his candidacy earlier this year. Now he’s winning them over. Will it last?  (Washington Post) [ Reevaluating? Indeed! Indeed they must! Health firms paid Gingrich think tank millions A think tank founded by GOP candidate collected at least $37 million over the past eight years from health-care companies and offered them special access to the former House speaker. 2,200+ comments: What does this mean for Gingrich and his campaign?   Q&A, 11 a.m.: The Fix’s Chris Cilizza on Gingrich think tank, more   Fact Checker: Is Gingrich being misleading about Freddie Mac?  (Washington Post) [ This is quite incredible! That indeed gingrich is a proven failure driven from his scandal ridden office for a multitude of reasons is restating what we know. What we also know, like obama, beyond that they’re both failures in their respective offices, gingrich similarly is a total b***s*** artist.  Think tank … really! Come on! What he did (nothing of substance) for that money is part and parcel of the wrong direction at every turn, including the China policy that’s decimated america’s productive capacity. As bad as the ‘lobbying / think tank / consulting’ slushy funded misguided activities are in Washington, some may say ‘well, they all do it when they leave office’ (regrettably unfortunate for the nation). Yes, but they’re not running for president.  Moreover, those things he’s done have come back to haunt and hurt the nation; ie., carving out those exceptions for wall street vis-à-vis otherwise applicable RICO liability which is in large part why there’s literally no fear (of serious litigation / accountability / damages assessed against – that ‘kid-gloves’ approach to the frauds on wall street has continued) on wall street and as pointed out, infra, all the nefarious policies / practices that got us to this point of crisis have continued, including war mongering. Quite simply, he’s ‘bush light’ who, just like wobama, is an artful b***s*** artist and nothing more at all. Are americans so dumb, gutless, and downtrodden so as to assume the position of ‘been there, done that’, do it to us again? How totally pathetic! New direction required!  ‘Gingrich: How can he rehabilitate himself?By Jennifer Rubin (Washington Post) ‘Newt Gingrich is experiencing his first real scrutiny of the 2012 presidential primary. Jonathan Martin and John Harris observe, “Even allies say there is simply no way Gingrich can defend all the controversies of his past — there are simply too many of them. His task is to transcend them by seeking to set his past against a context of personal growth.” …’     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." He’s part of the problem, not the solution! Why Gingrich won’t last The weakness that will keep him from being the anti-Romney. (Washington Post) [ I agree with Mr. Milbank’s premise, which is rare of itself; but alas, not for the reasons stated. It’s that ‘israeli amen corner’ on capital hill (as pointed out by the perspicacious Pat Buchanan), despite bringing america down thereby, being a presumed standard by which such candidates seem to be measuring themselves; yet falling among those ‘categories of things’ that truly haven’t worked for defacto bankrupt america. Memories should not be so short regarding gingrich’s failings which previously drove him from office, and things attributable to him that have not worked out for the nation at all; nor should gingrich’s unqualifiedness be construed as an endorsement of any other candidate. That wobama’s an indisputable failure, there’s no question; but why another proven failure as is gingrich. The ‘pro-war dogs’ with military industrial complex predispositions and fraudulent wall street sympathies are ‘dogs that just don’t hunt no more’; rather, they’re dinosaurs in a manner of speaking. The nation’s been there, and to its detriment, done that.  Second look at war savings and debt reductionThe congressional “supercommittee” is looking at counting discontinued war costs as budget savings, an accounting gimmick (Washington Post) [ Oh, riiiiight! Those war ‘savings’ that haven’t been saved yet … with wars still raging, certainly at least in Afghanistan (and consequences therefrom, ie., prospective medical costs, etc.) … and provocations (by the u.s./israel) everywhere … yes, savings like that ‘change we can believe in’. Not! Then look at the war mongers with exceptions battling for prominence with the ‘israeli amen corner’ on capital hill, etc.. Now, why are these not savings, like change, we can believe in? I think reality and history is our guide in that respect. Bachmann Campaign Accuses CBSNEWS of Bias... Ron Paul Gets 89 Seconds To Speak In CBS Debate  Watson | Leaked email to Bachmann campaign indicates decision to limit air time for certain candidates was deliberate CBS News policy. [ It’s really quite amazing that retreads, such as the already failed, scandal-ridden slimy newt gingrich (much of america’s current failure had it’s genesis in policies initiated / supported by gingrich; ie., protection from RICO liability for the frauds on wall street, etc.) based on his mere adherence to that which is required of the ‘israeli amen corner’ on capital hill (as pointed out by the perspicacious Pat Buchanan), despite bringing america down thereby, is the shibboleth by which all candidates are being measured. Quite amazingly self-defeating, destructive, and self-destructive for america particularly and the world generally. That’s why cbs is cbs (for cb***s***). Given america’s intractable decline, it’s really quite amazing. But, as we’ve seen, pervasively corrupt, defacto bankrupt america is now fatally beyond shame. Nothing succeeds quite like failure in america; where crime pays and pays well. Ron Paul Only Republican Candidate Not Calling for Iran Attack Kurt Nimmo | Said president must follow the Constitution and go to Congress before any action against Iran. [ Actually, the correct position is for all nations to require israel’s compliance with and adherence to all applicable laws and treaties, as well as u.n. resolutions concerning israel’s illegal nukes and war crimes as well as violations of the aforementioned before addressing the rationally defensive posture of Iran in light thereof. ]

 

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 

 

 

 

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Washington jobless rate at 6.1% Unemployment in the region remained steady in October, driven by government job losses and tepid gains in the private sector. (Washington Post) [ When it comes to unemployment, this is one region where less is not better. Indeed, most people in the nation would be gratified if the unemployment rate in Washington were 100%; somewhat consistent with the notions of waste and damage control (The Washington Post and law enforcement excepted, of course). Guest Post: A Very Subtle Form Of TheftBernie Madoff .. ran one of the largest private-sector Ponzi schemes in history and always heeded the golden rule of financial scams: make sure your inflows are greater than your outflows. He was finally done in when redemptions exceeded new investments. He didnt have enough cash to pay out investors, and he wasnt able to scam more people into paying in to the scheme. As a result, Madoff finally had to admit that the whole thing was a total fraud. Governments around the world are in similar situations right now with their own public sector Ponzi schemes. Faced with failed auctions, declining demand, and rising yields, politicians are having to resort to desperate measures. Like any good scam artist, theyre appealing to the masses first; all over Europe, governments are sponsoring new marketing campaigns suggesting that its peoples patriotic duty to buy government debt. (  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  )  (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 worlds 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 cant hide the hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm  )

 

 

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Responding to your message

FROM:

·         Rep. Lucille Roybal-Allard  

TO:

·         albert_peia@yahoo.com

Message flagged

Wednesday, November 16, 2011 8:48 AM

 

 

Dear Mr. Peia:

 

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

 


Sincerely,

LUCILLE ROYBAL-ALLARD
Member of Congress

 

 

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

 

 

11-5-11

 

 

Dear Congresswoman Roybal-Allard:

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

 

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

 

 

 

Sincerely,

 

Albert L. Peia

 

 

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

 

 

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

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

Nobel prize winning economist Paul Krugman wrote yesterday:

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

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

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

Stiglitz wrote in 2003:

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

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

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

A No-Brainer

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

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

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

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

Additional Reasons War Is Bad for the Economy

The New Republic noted in 2009:

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

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

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

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

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

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

As I noted last year:

All of the spending on unnecessary wars adds up.

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

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

Specifically, Reinhart and Rogoff write:

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

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

A PhD economist [Michel Chossudovsky] told me:

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

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

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

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

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

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

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

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

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

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

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

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

***

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

Let me finish with a final chart.

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

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

Indeed, Former Secretary of Labor Robert Reich lamented last year

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

Back to my essay:

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

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

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

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

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

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

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

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

[Click here to view full image.]

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

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

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

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

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

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

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

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

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

As I wrote last year:

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

Even Admiral Mullen seems to agree:

The Pentagon needs to cut back on spending.

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

Indeed, Mullen said:

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

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

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

***

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

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

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

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

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

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

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

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

The Harvard/NBER concludes:

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

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

Moreover:

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

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

Note 2: True conservatives are anti-war.’



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

 

 

 

Dear Congresswoman Roybal-Allard:

 

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

 

 

Thank You Again.

 

Sincerely,

 

Albert L. Peia

 

 

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

 

 

 

10-13-11

 

Dear Congresswoman Roybal-Allard:

 

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

 

Sincerely,

 

Al Peia

 

 

 

9-29-11

Dear Congresswoman Roybal-Allard:

 

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

 

What do you think of the American Jobs Act?

Hide Details

FROM:

TO:

·         albert_peia@yahoo.com

Message flagged

Thursday, September 29, 2011 11:33 AM

 

 

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

 

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

 




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

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

 

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

 

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

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

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

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

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

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


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

 

 

 ------------

 

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


Dear Mr. Peia:

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

 

                  -----

 

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

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

9-28-11

Dear Congresswoman Roybal-Allard:

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

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

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

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



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

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



The following includes the context relating to the foregoing:




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

I believe him!

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



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

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


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


Dear Sir:

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


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


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


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



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

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



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


Sincerely,


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


----------

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


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



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

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


http://www.albertpeia.com

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

http://albertpeia.com/fbimartinezcongallard.htm

Sincerely and Regards,

Al Peia

Thank you for sending me your email

 

9-29-11

Dear Congresswoman Roybal-Allard:

 

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

 

What do you think of the American Jobs Act?

Hide Details

FROM:

TO:

·         albert_peia@yahoo.com

Message flagged

Thursday, September 29, 2011 11:33 AM

 

 

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

 

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


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

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

 

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

 

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

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

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

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

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

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


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

 

 

 

 ------------

 

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


Dear Mr. Peia:

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

 

                  -----

 

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

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

9-28-11

Dear Congresswoman Roybal-Allard:

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

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

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

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



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

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


The following includes the context relating to the foregoing:


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

I believe him!

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



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

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


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


Dear Sir:

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


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


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


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



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

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



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


Sincerely,


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


----------

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


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


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

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


http://www.albertpeia.com

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

http://albertpeia.com/fbimartinezcongallard.htm

Sincerely and Regards,

Al Peia

 

Thank you for sending me your email.

 

 

                                                                                                                                                                                       9-28-11

Dear Congresswoman Roybal-Allard:

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

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

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

 

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

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


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

                       ----------

 

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

 

 

The following includes the context relating to the foregoing:

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

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

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

 

I believe him!

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

 

 

 

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

 

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

 

 

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

Los Angeles, CA 90024

 

 

Dear Sir:

 

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

 

 

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

 

 

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

 

 

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

 

 

 

 

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

 

 

Sincerely,

 

 

Albert L. Peia

611 E. 5th Street, #404

Los Angeles, CA 90013

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

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

 

 

                       ----------

 

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

 

 

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

CRIME STATS(u.s.No.1)

Rank  

Countries 

Amount 

 

# 1  

United States:

11,877,218 

 

# 2  

United Kingdom:

6,523,706 

 

# 3  

Germany:

6,507,394 

 

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


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

 


http://www.albertpeia.com 

 

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


http://albertpeia.com/fbimartinezcongallard.htm  

 

Sincerely and Regards,

 

Al Peia

 

 

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

 

 

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

 

 

 

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

Definition

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

Background

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

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

Content of Resolutions

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

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

Interpretations

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

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

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

 

 

Some more history:

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

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

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

 

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

 

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

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. ...

 

 

 

Donald Trump Dismisses Ron Paul as “Joke Candidate” Kurt Nimmo | Millions of Americans support Paul’s call for ending foreign aid. [ Yet it’s trump who is the big joke (which makes america look like a bigger joke)! He’s a caricature at best, and the joke that keeps on giving (SNL, etc.), and a government-protected mobster (worried he’ll lose his ‘protected’ status under a legitimate administration). ‘When they’re losing, they can afford to be principled’ says corrupt mobster trump regarding the snubbing of his ‘less than moderation’ of an upcoming debate in Iowa by the remaining principled GOP contenders. In reality, it’s actually ‘when you’re winning, you can afford to be principled’. But, in trump’s corrupt, sordid, sinkhole habitat, the former is indeed his truth. If you’re principled, you’re losing in trump’s rather surreal unreality. After all, pervasively corrupt and unprincipled america is indeed losing; and, big-time at that. That trump is a megalomaniac, a narcissist, and, yes … a loser, there is no question. Indeed, anyone who ‘wins’ unfairly (corruption, etc.) at others expense (ie., as does himself, the frauds on wall street, etc.) is a loser. Unfortunately, such modus operandi, including that which is criminal, has been accorded protection and respect in defacto bankrupt america, much like the ‘protected’ (bribes, etc.) common drug dealer (america, see infra), pimp, etc.. Then there’s the endearing (to a dumbed down american public) hype! That cloyingly cutesy ‘the donald’ routine is nauseating; but, that’s the natural, visible concomitant to a nation in ineluctable decline! On a positive note, megalomaniac trump will not be able to retread the path of his role model / idol Adolf Hitler as head of state. He’s really quite a joke when you think about it; and a mentally ill one at that; ask Steve Wynn, he’ll tell you, he’s already said it.

 

‘Pizza with palin’, ‘town hall of fame with Bachmann’, trump purports to be at least ‘alcohol free’ (the alleged cause – I don’t think so – of mobster trump’s elder brother’s suicide); but is he ‘med-free’? … there must be something to account for his madness (he’s a psychopath who used to play Hitler speeches for inspiration). Ron Paul Slams Trump, Joins Huntsman In Sitting Out ‘Circus-Like’ Debate Business Insider | The reality television star’s participation is “beneath the office of the Presidency.”

 

The Fix : 2012 Republicans kiss Trump's ring  2012 Republicans are kissing Donald Trumps ring. But why? Aaron Blake (Washington Post) [ Why indeed! Yet, it would be amazing if only it wasnt a testament to americas unmistakable, ineluctable decline and fall by virtually every criterion by which a nation/state is measured. My direct personal experience, with extremely few exceptions,  is that theres very little difference between the u.s. government and organized crime. Thats reality, not hopium!   

(  http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog  )  (America also leads in the illegal drug trade.  In fact, many researchers reveal that the war on drugs is only utilized to control and monopolize the illicit drug trade.  The US government has been caught multiple times shipping in cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA   ,  http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related  ,  http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related  ,  http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related  ,  http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related  ] , colluding with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html   ] to control the industry, and now openly protects and transports opium from Afghanistan  [  http://www.youtube.com/watch?v=ElEciFI0Pew  ] .  In fact, Global Research points out that in 2001, “according to UN figures, opium production had fallen to 185 tons. Immediately following the October 2001 US led invasion, production increased dramatically, regaining its historical levels.”  This month, the U.N. announced that Afghanistan now provides 93% of the world’s opium production [  http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world  ]  ; up 61% compared to 2010 to a whopping 5800 tons.  Although the empire tries to keep it secret, they can’t hide the hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm  ) ‘When they’re losing, they can afford to be principled’ says corrupt mobster trump regarding the snubbing of his ‘less than moderation’ of an upcoming debate in Iowa by the remaining principled GOP contenders. In reality, it’s actually ‘when you’re winning, you can afford to be principled’. But, in trump’s corrupt, sordid, sinkhole habitat, the former is indeed his truth. If you’re principled, you’re losing in trump’s rather surreal unreality. After all, pervasively corrupt and unprincipled america is indeed losing; and, big-time at that. That trump is a megalomaniac, a narcissist, and, yes … a loser, there is no question. Indeed, anyone who ‘wins’ unfairly (corruption, etc.) at others expense (ie., himself, the frauds on wall street, etc.) is a loser. Unfortunately, such modus operandi, including that which is criminal, has been accorded protection and respect in defacto bankrupt america, much like the ‘protected’ (bribes, etc.) common drug dealer (america, see infra), pimp, etc.. Then there’s the endearing (to a dumbed down american public) hype! That cloyingly cutesy ‘the donald’ routine is nauseating; but, that’s the natural, visible concomitant to a nation in ineluctable decline! On a positive note, megalomaniac trump will not be able to retread the path of his role model / idol Adolf Hitler as head of state. He’s really quite a joke when you think about it; and a mentally ill one at that; ask Steve Wynn, he’ll tell you, he’s already said it.

 

‘Pizza with palin’, ‘town hall of fame with Bachmann’, trump purports to be at least ‘alcohol free’ (the alleged cause – I don’t think so – of mobster trump’s elder brother’s suicide); but is he ‘med-free’? … there must be something to account for his madness (he’s a psychopath who used to play Hitler speeches for inspiration).

 

Trump to moderate GOP debate This wont end well. (Washington Post) [ Goes without saying… of all people to choose … Why not Jerry Springer?… ‘Non-celebrity Apprentice’, the new reality show, as in who scratches whose back for favors down the road, as in quid pro quo, as in trump’s continued ‘graduation’ from commonly mob connected, to new york/new jersey politically sordid sinkholes, to now failed washingtonian … ‘establishment’? Hasn’t trump’s rise coincided with the nation’s decline / demise? I’ve seen the corruption first hand! http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf       http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm        Cases against Wall Street lag despite Holder’s vows to target financial fraud  WP Obama has promised to hold Wall Street accountable for the meltdown.    America Is a Failed State Because It Won’t Prosecute Financial Crime  Washington’s Blog / the grim economic reality   [  http://albertpeia.com/grimreality.htm           

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  
 Does regulation really kill jobs? (Washington Post) [ Just those corruption-related ones; those organized crime, as well as disorganized crime jobs for which there’s plenty of ‘quid pro quo’, bribes, etc., to go around. Energy Dept. failed to act as Solyndra sank (WP) [ This stuff is becoming all too typical. I believe it’s time to start questioning what federal employees get paid for. After all, pervasively corrupt america is defacto bankrupt (  America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke…The government’s total indebtedness is $211 trillion ) . Moreover, america’s pervasive corruption, even crimes,  has become synonomous with the machinations of any number of federal agencies / departments / all branches of government  (ie., DOJ – holder/fast and furious/race bias UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE...ignore cases that involve black defendants and white victims , Fannie / Freddie Mac , SEC destroyed documents, senator says 17 Aug 2011 ‘The Securities and Exchange Commission destroyed documents and compromised enforcement case ...   Sen.Grassley  “It doesn’t make sense that an agency responsible for investigations would want to get rid of potential evidence…’ Report: SEC lawyer exposed FBI informant (WP) [the sec liar (sic – lawyer) typically with a ‘pre or post’ arrangement, whether implicit or explicit; that ubiquitous ‘bribe thing’ in pervasively corrupt, defacto bankrupt, fallen  america. Indeed, the scenario typifies that national drain / sinkhole new york (new york / new jersey metro) where, for example, FBI informants were routinely exposed by ‘italians’ in the new york d.a.’s office over the objection of the FBI, and were murdered by mafia / organized crime [ this was documented with authority in ‘Goombata: The Improbable Rise and Fall of John Gotti and His Gang’ Cummings / Volkman  ] SEC faulted over records shredding The SEC destroyed internal documents that should have been preserved as official federal records, the agency’s inspector general has found. (Washington Post) [ Oh, if it was only that, and only the SEC; and if only they did an incisive investigation of the DOJ. Sheriff: Fast and Furious Bigger Scandal Than Watergate   http://www.prisonplanet.com/sheriff-fast-and-furious-bigger-scandal-than-watergate.html   Paul Joseph Watson | Over two dozen Republicans call for Holder to resign. Though heavily redacted, the documents directly discuss “Operation Fast and Furious” and how it involves “trafficking firearms to Mexico”. Tuesday, November 1, 2011 . )That’s certainly my experience which comports with reality, http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf      

 

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) ]

 

 

 

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 

 

 

MF GLOBAL EXPLAINED http://www.youtube.com/watch?v=jLt05sN7vK0&feature=player_embedded  [This brief video explains causal links (some even adding that theyre all jewish)  between OTC derivatives, the financial crisis of 2008, Alan Greenspan, Robert Rubin, Larry Summers, Jon Corzine and MF Global. [ It’s time for all people to know and understand how they, america and the rest of the world, have been done-in by fraudulent wall street greed / crime, u.s. government corruption, and media/u.s.government complicity by silence, coverup, and overt criminal acts to protect the perpetrators (the following 10 minute video is purposely simplistic enough for even the previously most gullible dupes to understand, including the insurmountable magnitude of the problem/fraud/crime requiring action and prosecutions. Yes, it is true ‘what a tangled web they’ve weaved, when in greed they’ve deceived, and fraudulently keep the money they’ve received, as all the respective nations of the world continue to bleed’!) ]; and, heres: Quantitative Easing Explained  http://www.youtube.com/watch?v=PTUY16CkS-k  (6 minutes-well worth it). 

 

 

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    

 

 

 

 

 

 

 

 

12-06-11 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  , Fraud, b***s***, desperation, the previous ultimate short squeeze/short-covering irrationally exuberant rally, this is still  an especially great opportunity to sell / take profits because theres much, much worse to come! Only a fool believes what they say! ( US Economic Data Reporting Now Officially A Farce: Every Economic Data Point Prints 4+ Std Devs Above Consensus Zero Hedge | It appears that central bank intervention was not the only thing in full force today.) 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 MF GLOBAL EXPLAINED http://www.youtube.com/watch?v=jLt05sN7vK0&feature=player_embedded  [This brief (pithily succinct) video explains causal links between OTC derivatives, the financial crisis of 2008, Alan Greenspan, Robert Rubin, Larry Summers, Jon Corzine and MF Global. (10 minutes-well worth it) , Quantitative Easing Explained  http://www.youtube.com/watch?v=PTUY16CkS-k  (6 minutes-well worth it). ,   Famed economist predicts economic calamity in 2012. See the evidence.   http://w3.newsmax.com/a/aftershockb/video.cfm   50% unemployment & 90% Dow crash also predicted. Newsmax   http://w3.newsmax.com/a/aftershockb/video.cfm    ,  Economic / Financial Collapse Imminent Stansberry  Investment Advisory http://www.albertpeia.com/stansberrysinvestmentadvisory.flv    Harry Dent, Jr. Economy will be in a Depression by 2011 Dow will Fall to 3,800 4,500 by 2012 Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest. U.S. Dollar will Decline Housing will Decline by 40 60% from Todays Levels Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012). , Goldman Turns Bearish: Squid Releases Top Trades For 2012... And It's Not PrettyThe much anticipated Goldman Sachs list of "Top Trades Recommendations for 2012" is out... And the squid is bearish. Which is bad news , Market Rally Won't Last Long  Forbes  Halah Touryalai, Forbes Staff ,  SPX Update: Market Still Looks To Be Forming a Top  Jason Haver Dec 06, 2011 In conclusion: It remains a trader's market, as so far every break of important support or resistance has led nowhere. I continue to favor the bearish short-term resolution, as well as the bearish long- and medium-term views , What’s wrong with this picture: Wall St rises on EU summit hopes     Asia climbs ahead of European meetings [Riiiiight! Addicted to hopium? Déjà vu all over again? This is beginning to be beyond ridiculous. There is no viable solution beyond their disingenuously, meretriciously saying so amidst the typical spin and b***s*** to froth the markets! ] , RALLY FIZZLES OUT AFTER HOT RUMOR FROM EUROPE: Here's What You Need To Know Business Insider The second day of Europe's hell week was relatively quiet until another rumor sparked markets during late trading. , S&P Puts 15 Euro Nations on Downgrade Watch Wall St. Cheat Sheet ‘… The outlook change is disastrous for Europe”…’ , Is the Fed Leaking Again?  http://gainspainscapital.com  , S&P says EFSF could be downgraded (Reuters) , Tremors from a euro collapse would be global, with U.S. recession likely (Washington Post) , Bloomberg Fires Back At Bernanke's Blustering Rebutall It appears 'It Is On' as Bloomberg offers its well-reasoned and eloquent response to Mr. Bernanke's 'egregious errors' note to Congress. , Guest Post: A Very Subtle Form Of TheftBernie Madoff .. ran one of the largest private-sector Ponzi schemes in history and always heeded the golden rule of financial scams: make sure your inflows are greater than your outflows. He was finally done in when redemptions exceeded new investments. He didnt have enough cash to pay out investors, and he wasnt able to scam more people into paying in to the scheme. As a result, Madoff finally had to admit that the whole thing was a total fraud. Governments around the world are in similar situations right now with their own public sector Ponzi schemes. Faced with failed auctions, declining demand, and rising yields, politicians are having to resort to desperate measures. Like any good scam artist, theyre appealing to the masses first; all over Europe, governments are sponsoring new marketing campaigns suggesting that its peoples patriotic duty to buy government debt. , Has The Imploding European Shadow Banking System Forced The Bundesbank To Prepare For Plan B? While much has been said about the vagaries in the European repo market elsewhere, the truth is that the intraday variations of assorted daily metrics thereof indicate three simple things: a scarcity of quality assets that can be pledged at various monetary institutions in exchange for cash or synthetic cash equivalents, a resulting lock up in interbank liquidity, and above all, a gradual freeze of the shadow banking system..we may be experiencing the attempt by the last safe European central bank - Buba - to disintermediate itself from the slow motion trainwreck that is the European shadow banking (first) and then traditional banking collapse (second and last). Because as Lehman showed, it took the lock up of money markets - that stalwart of shadow liabilities - to push the system over the edge, and require a multi-trillion bailout from the true lender of last resort. The same thing is happening now in Europe.. , Layoffs Watch 11: Citi , Social Security 2011 Another Bad Year Krasting ,   HUGE RALLY CUT IN HALF AFTER EUROZONE RATINGS BOMBSHELL: Here's What You Need To Know Business Insider Sam Ro Europe's hell week begins with new EU treaty proposals and reports of an S&P ratings action bombshellU.S. economic data was largely overlooked during this morning's rally.  The ISM services number unexpectedly fell to 52.0, missing the expectation of an increase to 53.9.  This also compares to last month's number of 52.9.  October factory orders fell 0.4%, which was slightly worse than the 0.3% decline expected.  September factory orders were revised sharply lower…’ ,  Confirmed: Not Just AAA Nations, but *All 17* Euro Nations to Be Put on Notice for Downgrade The Wall Street Journal , Standard & Poors Puts Ratings On Eurozone Sovereigns On CreditWatch With Negative Implications Dec 5th, 2011 (Standard & Poors) , Graham Summers  Weekly Market Forecast (Fade the Fed? Edition) December 5th, 2011  Equities got giddy last week when the worlds central banks, lead by the US Federal Reserve, lowered the global cost of borrowing Dollars. Regardless of the markets reaction, the whole thing smells of desperation and quite frankly, everyone should be questioning the Feds moveThe IMF, Bank of England, and others have warned of a systemic collapse do you think theyre doing this for fun?Many investors will have their portfolios wiped out in the coming carnage. It could be next week, or it could take place next year but we ARE heading into a Crisis that will be worse than 2008…’ , Gallup Finds Recent Job Boost Due To "Temp And Part-Time" Hiring; Underemployment Greater Than Prior Year  While the BLS unemployment number, fudged strategically to lower the denominator, or the total labor force, may have come well better than expected (as somehow miraculously ever more people find the shadow economy a more hospitable place where to make their money and drop off the BLS roll forever) we once again go to that trusty fallback, the monthly Gallup poll of underemployment. What we find here is rather different from what the BLS, and the administration would like us to believe, namely that "underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 18.1% in November, as measured by Gallup without seasonal adjustment. That is up from 17.8% a month ago and 17.2% a year ago." Said simply, "many employers appear to have chosen to hire part-time rather than full-time employees for this holiday season." , Solyndra Schadenfreude As Goldman Sachs Played Key RoleWhile we are not completely shy of saying we-told-you-so, in the case of the players in Solyndra's fantastic rise and fall, we are more than happy to. Back in September we highlighted Goldman Sachs' key role in the financing rounds of the now bankrupt solar company and this evening MarketWatch (and DowJones VentureWire) delves deeper and highlights how the squid has largely stayed out of the headlines (what's the opposite of lime-light?) in this case despite its seemingly critical assistance and support from inception to pre-destruction. Goldman's involvement in Solyndra, and its lofty valuation projections, lent credibility to the company and helped rouse investor interest and it was this private interest that was cited by DoE officials as a considerable factor in its loan guarantee program. As we said before, anywhere you look, Goldman has been there and left its mark... , The Black Friday Shopping Hangover Is Coming: David Rosenberg Explains Here Comes The S&P Downgrade Barrage - Full Statement, In Which S&P Says France May Get Two Notch DowngradeJeremy Grantham Releases The Scariest Market Forecast YetMUST SEE Bernankes Stealth Bailout For Wall Street Kept Secret From Congress Daily Bail | Bernanke runs his own private dictatorship. , How The U.S. Will Become a 3rd World Country (Part 2) Hera Research | The United States is quickly coming to resemble a post industrial neo-3rd-world country.,  SPX Update: Topping Again? Minyanville Jason Haver Dec 02, 2011 The market is giving several signals that a top may be near In conclusion, I remain medium and long term bearish. , Lies, Damned Lies, and (Unemployment) Statistics Mac Slavo | The actual unemployment rate in the United States is in excess of 22%.  ,  Number of Jobless Without Benefits Grows Dec 2nd, 2011 News ‘…The decline in unemployment was driven in part by the disappearance of some 315,000 people from the labor force. If they havent looked for work in the past four weeks, theyre not counted as unemployed the Labor Department estimated that as of November, a seasonally adjusted 6.6 million people considered not in the labor force actually did want work. That number was up 192,000 from October…’ Economy Creates 120,000 Jobs, Rate Tumbles to 8.6% Dec 2nd, 2011 (CNBC)PG View: Slate columnist Matt Yglesias tweeted this shortly after the jobs report came out: Decreasing unemployment by shrinking the labor force is not exactly winning the future. , How The U.S. Will Become a 3rd World Country (Part 2) The United States increasingly resembles a 3rd world country in terms of unemployment, lack of economic opportunity, falling wages, growing poverty and concentration of wealth, government debt, corporate influence over government and weakening rule of law. , EUR Shorts Surge, Back To 17 Month Highs As Bearish Sentiment Returns , Bob Janjuah Explains Why The Worst Is Still Ahead Of Us America To Go The Way Of The Roman, British Empires Forbes Robert Lenzner, Forbes Staff

, A Hedge Fund Insider Explains Why Retail Investors Should Flee The Stock MarketTHE MARKET IS MISREADING ECONOMIC DATA -- IT'S TIME TO GET SHORT  http://www.bullfax.com/?q=node-market-misreading-economic-data-its-time-get-short  12/01/2011 The Independent Investor , Chinese manufacturing activity slows Dec 1st, 2011  (Financial Times) , US initial jobless claims +6k to 402k for the week ended 25-Nov, above mearket expectations of 390k, vs upward revised 396k in previous week. Dec 1st, 2011 ,  Another Confirmation of the Solvency Crisis Masquerading as a Liquidity Problem   Atlantic Capital Management Dec 01, 2011 ‘The Federal Reserve is once again reaching into its controversial "unconventional" toolkit -- meaning stocks are, for now, celebrating the near meltdown of modern global banking. , SPX Update: Ben Bernanke Lends Money, Saves the World?  Jason Haver Dec 01, 2011   ‘At this point, despite the massive three-day rally, there are still a few unanswered questions. I remain medium and long term bearish, while the short-term picture has become a bit clouded.’ ,  What Does the Fed Know That We Don’t? 12-01-11 The thought that should be on every investor’s mind today is “Why did the Fed have to stage the coordinated intervention yesterday?’Put another way, what exactly does the Fed know that we don’t?The whole thing smells fishy to me. Aside from the fact that the Fed clearly leaked its intentions as early as Monday night (hence the reason stocks rallied while credit markets weakened), there’s something peculiar about the fact the Fed chose to do this at the end of November. Why November 30? Why not today or Tuesday?I think the answer is that the Fed stepped in to help its institutional investor/ hedge fund buddies.’  BofA, Goldman Sachs, Citigroup Credit Ratings Cut by S&P Nov 30th, 2011 (Bloomberg) , Planned layoffs surpass 2010 total CNNMoney | Cuts announced this year are up 13% overall. , The Easy Fix? Can Europe Print Its Way Out of Trouble? ETFguide  ‘the long-term outlook is as dark as night inside the Grand Canyon…’ , Global Coordinated Desperation and the December to Remember Breakdown Minyanville Michael A. GayedWith global central bank desperation (I mean coordination) announced this morning and the big jump up in risk assets…’ , The Fed is So Predictable Chris Celi 11/30/2011 The Fed is becoming a gigantic waste basket of bad assets. Waste baskets do not have infinite capacity.  Central Banks’ Latest Move Shows Desperation George Washington 11/30/2011 Hey, at least a handful of Ben's buddies will make a bundle ...  Deflation is coming South of Wall Street 11/30/2011 It isn't avoidable , Don't Be Foolish, Sell the Next Key Level In the S&P 500 Forbes/Troccoli  http://blogs-images.forbes.com/thechartlab/files/2011/11/spafter.png  , Wall Street Watch: S&P Cutting Spree, Germany Faces RecessionWall St. Cheat Sheet , AN UNCONVINCING RALLY http://www.istockanalyst.com/finance/story/5571238/an-unconvincing-rally  By: Cam Hui   , BANK DOWNGRADE RAMPAGE: Goldman, Bank Of America, Morgan Stanley, Wells Fargo, And Citigroup Just Got Cut By S&P Business Insider | Standard & Poor’s ratings service just cut the ratings of Goldman Sachs, Bank of America, Morgan Stanley and Citigroup from A to A-. , China Manufacturing Contracts As New Export Orders See Biggest 2 Month Drop Since Dec2008UPDATE: HSBC China Manufacturing PMI prints at 47.7, deteriorating at fastest rate (and lowest level) in 32 Months , Goldman On Today's Coordinated Central Bank Bailout: "It Isn’t Enough To Save Anyone Or Solve Averything" And "Why Now?" The Punch Line: "Crash Test - Bracing For Breakup"  , For The First Time In History, Fed Will Buy AND Sell Treasurys At The Same Time On FridayEgan Jones Downgrades France From AA- To A; Negative Watch, Sees Debt/GDP Rising From 91% to 117% By 2013Of Imminent Defaults And Self Deception. Kyle Bass Prepares For The WorstIn his latest letter to LPs, Kyle Bass of Hayman Capital Management, offers his tell-tale clarity on what may lie ahead for Europe and Japan. With his over-arching thesis of debt saturation becoming more plain to see around every corner, Bass bundles the simple (and somewhat unarguable) facts of quantitative analysis with a qualitative perspective on the cruel self-deception that we all see and read every day about Europe.Whether it is Kahneman's "availability heuristic" (wherein participants assess the probability of an event based on whether relevant examples are cognitively "available"), the Pavlovian pro-cyclicality of thought, or the extraordinary delusions of groupthink, investors in today’s sovereign debt markets can't seem to envision the consequences of a default. ,  Fed Economists Predict A 15 Year Bear Market For Stocks News (BusinessInsider)  ,    http://www.economist.com/content/global_debt_clock is ticking! ,    Senate Passes Bill Allowing Indefinite Detention of Americans ... Considers Bill Authorizing More Torture Posted by: George Washington Post date: 11/29/2011 - 20:53 USA, USA, USA ... Number One in ... cough ... Fascism ... cough , SPX Update: Sell the Bounce   Jason Haver Nov 29, 2011 ‘This bounce might not last long, and new lows are expected to follow., BANK DOWNGRADE RAMPAGE: Goldman, Bank Of America, Morgan Stanley, Wells Fargo, And Citigroup Just Got Cut By S&P Business Insider | Standard & Poor’s ratings service just cut the ratings of Goldman Sachs, Bank of America, Morgan Stanley and Citigroup from A to A-.  , Foreclosure Fraud | Lender Processing Services Robo-signer Whisleblower Found Dead in Nevada Posted by: 4closureFraud Post date: 11/29/2011 , You Cannot Build a Financial System on Rumors and Lies  http://gainspainscapital.com   November 30th, 2011  ‘This act is getting old.Almost every other day we’re getting rumors about new bailouts and interventions in Europe. All of these rumors turn out to be total lies as they are refuted usually within a day and sometimes within a few hours.Case in point, stock futures erupted overnight on Sunday on rumors that Italy would be getting a 600 billion euro bailout from the IMF. Just a few hours later this story came out: IMF denies in Italy aid talks…’ , Minyanville's T3 Daily Recap: S&P Ekes Out Gain; Has the Oversold Bounce Run Its Course?  Minyanville  T3Live.com Nov 29, 2011 ‘Although we are significantly higher than Friday's close, the intraday action has been extremely lackluster, suggesting that there is more downside to come from here. , S&P Hits Biggest US Banks With Credit Rating Downgrades http://albertpeia.com/s&previsedratingscriteria.htm  WSJ Gongloff November 29, 2011 , Presenting Russell Napier's Greatest Hits 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  ,