Business Summary Links By Day
The
Largest Economy In The World Is Imploding Right In Front Of Our Eyes http://albertpeia.com/largesteconomyimploding.htm , MF cuts 2012, 2013 global growth forecasts Marketwatch , The Inflation Rate Is
A Lie Too http://albertpeia.com/inflationrateisalietoo.htm ‘…In fact, the way that the government
calculates inflation has changed more than 20 times since 1978. The
government is constantly
looking for ways that it can make inflation appear to be even lower.
According to John Williams of shadowstats.com,
if inflation was measured the same way that it was back in 1990, the inflation
rate would be about 5 percent right now. If inflation was measured the
same way that it was back in 1980, the inflation rate would be about 9 percent
right now. But instead, we are expected to believe that the inflation
rate is hovering around 2 percent. Well, anyone that goes to the
supermarket or fills up their vehicle with gasoline knows that prices are going
up a lot faster than that. Just about everything that we buy on a regular
basis is steadily becoming more expensive… one of the reasons why he says that
more money printing ("quantitative easing") is okay is because we are
in a "low inflation" environment at the moment. Sadly, this is
exactly the kind of delusional thinking that led to the horrible crisis in the
Weimar Republic back in the 1920s. Quantitative easing did not work for the Weimar Republic, and it is not going to work for
us either. But it will
cause the prices of the things that we buy on a regular basis to go up even
more…’ , Is
China an economic miracle, or one massive Government-Sponsored fraud? http://albertpeia.com/chinamiraclegovernmentfraud.htm , Spain:
How One Country Could Take Down the Entire EU Banking System http://albertpeia.com/spaincouldbringdowneubanksystem.htm , Dave’s
Daily: http://www.etfdigest.com 10-8-12 ‘..The markets
were weak most of the day and that included the Fed’s printing press given
Columbus Day. It’s also a
holiday in Spain (Fiesta Nacional if you
care).The important events in the markets were twofold. First, Apple (AAPL)
stock continued its recent slide on fears the mini-iPad would be successful and
strike worries in its China plant. Second, the World Bank downgraded economic growth in
East Asia to 7.2% below last year’s 9.3%..’ , The
IMF's Lagarde Is Unaware What The IMF's Market-Moving Report Contains ZeroHedge.com , IMF
Cuts Global Growth, Warns Central Banks, Whose Capital Is An "Arbitrary
Number", Is Only Game In Town
, Moody's
Slaps ESM With Negative Outlook On Day Of Its Official Launch , Stocks
Lose Half Of Last Week's Gains With AAPL Back Under $600 Billion Market Cap , Why
The Market Should Not Expect A Bounce If A Fiscal Cliff 'Compromise' Is Reached , European
Equities Give Back Friday's Gains As EUR Tumbles Most In Almost 3 Months , China
Sums Up US Financial Innovation: "Smart Kids Picking People's Pockets Is
Not Very Good" When
fringe-blogs highlight the reality of the US banking system and its financial
engineering as nothing but overly complex three-card-Monte, it can be shrugged
off; but when the head of
China's sovereign wealth fund (yes the same one that will bail
the world out) notes that the
JPMorgan loss highlights a system that has become too complex,
perhaps some should listen. As Bloomberg
BusinessWeek reports, Gao Xiqing of CIC stated that "I think we do
need to slow down a little bit instead of rushing up to all these fancy
derivatives." The fact that the 'whale' loss was not a rogue trader but a
systemic decision gone wrong on weak risk management of an overly-complex
position was "the single most revealing thing" to Gao as he expressed concern about a society in which
"all the best engineers are engineering financial products."
Summing up the entire ethos of US financial innovation he concluded: "You
have all the smartest kids to design these products, the only purpose of which is to get money out
of other people’s pockets, that is not very good."
Submitted by Tyler
Durden on 10/08/2012
Risk averse sentiment dominate the
session, as market participants looked forward to the latest European finance
ministers meeting who are due to discuss Spain’s finances, as well as Greece, which is yet to
formalise spending cuts in order to receive the next aid tranche. Reports that
China's economic growth is expected to have slowed to 7.5% in Q3 from 7.6% in
Q2 weighed on basic materials and industrials stocks. The World Bank cut its
2012 GDP forecast for China to 7.7% from 8.2%; 2013 to 8.1% from 8.6%.
Uncertainty surrounding the never-ending sovereign debt crisis in Europe
weighed on financials, and in turn translated into lower 3m EURUSD cross
currency basis. Peripheral bond yields rose, with Italy underperforming, ahead
of the supply later on in the week. Going forward, given the Columbus Day
holiday across the pond, trade volumes are expected to be below the average.
Submitted by Tyler
Durden on 10/08/2012
Police:
"Enter (niggertown) Detroit (and niggertown chicago) At Your Own Risk (and
any other towns where there are niggers in abundance) " http://albertpeia.com/detroitdeathsdoor.htm
Romney leads by four points in post-debate survey
Drudgereport: GALLUP:
5-POINT ROMNEY BOUNCE...
PEW:
18-point shift among women...
POLL:
Romney leads among independents 51-35...
R
closes gap in Michigan...
University of Colorado: Updated
election forecasting model still points to Romney win...
AP Business
Highlights
...Yahoo Market
Update…
http://albertpeia.com/archives.htm
FBI Nazi
Bikers Bust FBI Nazi Bikers - What's Up At The FBI/DOJ?
Infowars.com | Now is the time to put an end to Obama’s
treasonous and tyrannical behavior.
http://albertpeia.com/impeachobama.htm
Wobama’s
Choom Gang Bangin’ { This brief video (11 mb) is well done and worth a
watch! }
http://www.albertpeia.com/wobamaschoomgangbangin.wmv
PAPER:
Obama's grandfather tortured by the British? A fantasy (like most of the
President's own memoir)... {
http://albertpeia.com/wobamaschoomgangfantasy.htm }
Drudgereport: Obama: 'Sometimes I Forget' Magnitude of Recession…{
Oh! How conveniently forgetful, though the vast majority of americans don’t
have wobama’s luxury of feigned amnesia suffering from what wobama did and
didn’t do contrary to promises last time around the perpetual campaign trail
littered with his typical jive-talking b***s***! The following headline will
help him remember some of his sordid, pot-clouded high school past! }...
FLASHBACK: Obama's Sordid High School Past...
By Ben Shapiro ‘While the Washington Post has been diligently
digging into relatively innocent high school pranks
by Mitt Romney, they’ve spent the last few years diligently ignoring President
Obama’s far more controversial high school days.Obama, by all accounts, was a
habitual drug user in high school. He tried cocaine, he admits in Dreams
From My Father; he “tried drugs enthusiastically.” The Chicago Tribune
reported back in 2007 that Obama thanked the “Choom Gang” in his high school
yearbook; “chooming” was Hawaiian slang for smoking pot. The Honolulu
Advertiser reported that Obama’s senior portrait “prominently displayed …
A package of ‘Zig-Zag’ rolling papers and a matchbook.” One of Obama’s close
friends was arrested for drug possession during high school.In his memoir,
Obama talked about routinely getting high. “Junkie. Pothead,” he wrote. “That’s
where I’d been headed: the final, fatal role of the young would-be black man.”
But, according to Obama, he only got high because he was contemplating deep
matters: drugs could “push questions of who I was out of my mind.” Obama told
students in 2007 that this activity constituted “goofing off” and “wasting
time”:"I will confess to you that I was kind of a goof off in high school
as my mom reminded me," Obama said. "I went to high school in
Cracks
in the Washington Post story on Romney’s ‘pranks’ emerge
Correction
Request: Washington Post Uses Falsehood in Romney Hit Piece
Media
Downplays Obama's Past, Tries to Define Romney with Teen Prank
If we're going to delve deep into a candidate's past, let's delve deep into a
candidate's past. Here's Obama in his own words admitting to physically shoving
a little girl named Coretta. Yes, it was at this moment that the first
shot in the War on Women was fired.
http://albertpeia.com/obamashovesgirl.png
No doubt that after expending all that energy
bullying an innocent little girl, young Obama readied himself for round two by
eating a Golden Retriever. More on this breaking story here.If
you're wondering what the rules are regarding a candidate's past; how far back
we're allowed to go in an attempt to define them -- the answer is simple: the
corrupt media will let us know.
Obama WILL NOT pursue gay marriage as part of party
platform...
STONE: 'Playing a
cruel and cynical game'...
Unites Republicans?
New Black Panther Niggers Plan Newspaper Cover With
Zimmerman In Noose { and civilized people everywhere should respond with
niggers in nooses and contributions to the Klu Klux Klan! } ...
LOONEY CLOONEYLAND: BIG CAMPAIGN BOXOFFICE FOR NIGGERO
– Meanwhile, looney clooneyland ain’t doin’ so well with the niggero model –
see next headline! ...
Failed Wobama model illustrated: 16 Reasons To Move Away From
Postal Service loses $3.2b in first quarter...
78% of
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{ some prior links of current
interest }