Business Summary Links By Day
Dave’s Daily: http://www.etfdigest.com CLIFF NEGOTIATIONS CONTINUE 12-17-12
‘Bullish investors have a hair-trigger regarding any
deal relating to the fiscal cliff. They presume a deal will be had around terms
including higher taxes on “the
rich” (loosely defined by
$250K-$1M in income) and a concession to include entitlement spending
reductions probably focused on social security. If agreed to this should
provide a “relief rally” that may last through the holidays. Given this deal
really only fixes deficit and debt conditions around the edges perhaps in early
2013 the rally will be undone. In other words, after year-end bonuses are paid
to portfolio managers reality may bite after a brief honeymoon. Lingering under
cliff news economic data remains poor. Monday the Empire State Mfg Survey laid
an egg (-8.1 vs 0 expected & prior -5.5) as manufacturing ex-autos remains
weak. A quick look at a combination of economic data below makes a weak
economic picture more believable.
http://albertpeia.com/daveschart121712no1.gif
Beyond all of this is what the Fed wants you to do—buy stocks. After all, they’re providing nearly $100 billion a month in QE
activity. This money will find its way into markets and will force you to buy
stocks even if you don’t
want to. Why? Because the alternatives are negative yields in bonds and
sideline cash.The same holds true with other central banks in Europe and Asia
as its raining fiat currencies.Not to be outdone, Japan’s election provided a large win for the LDP led by
the conservative Shinzo Abe where “economic
recovery and overcoming deflation”
are top priorities. This means more stimulus and a much weaker yen as John
Mauldin explains well-enough in this
video and article. Yet there’s
one thing Abe or anyone can do anything about and that’s poor demographics with an aging population and
massive debt. Perhaps the investment strategy will evolve to a short yen/long
EWJ position. We’ve
already gone through one round of profitable trading short yen (YCS). But, now
the yen is much oversold and short positions are now at record levels. A sharp
short squeeze could occur at any moment.What could go wrong with this scenario?
Markets and bond vigilantes could balk at buying more debt even as central
banks print money to support deficits thru QE. The disaster scenario for all
developed countries would be if interest rates rose given massive debt
levels.Stocks rallied sharply once the WH agreed to consider some changes to
social security and/or other entitlement changes giving investors the idea a
deal is close. Even if a handshake deal is made Boehner and Obama must sell the
deal to their respective base. Financials (XLF) led the charge higher along
with real estate sectors (IYR) (ITB) (RWX) as they’re perceived as beneficiaries of the Fed liquidity
deluge. Bonds (TLT) saw selling as stocks rose and Treasury auctions were
weakly received. Meanwhile as stocks were gaining strength gold (GLD) was
unresponsive in a “risk
on” environment. The dollar
(UUP) was flat and commodities (DBC) overall were flat. Volume was modest and only
picked-up after a more conciliatory WH response on cliff. Breadth per the WSJ
was quite positive…’
http://theeconomiccollapseblog.com
http://albertpeia.com/americansocietycrumbling.htm
http://albertpeia.com/bad2013.htm
http://endoftheamericandream.com
http://albertpeia.com/2000americanchildrenmurderedeachday.htm
http://albertpeia.com/crazythingssaidofgunowners.htm
http://theeconomiccollapseblog.com
http://albertpeia.com/22statswhatswrongyoungamericanmen.htm
Submitted
by Tyler Durden on 12/17/2012
In
the recent aftermath of the US just concluding its fourth consecutive fiscal
year with a $1 trillion+ deficit, we have been flooded with requests to show
how the current fiscal situation stacks up in a big picture context. Very
big picture context. For all those requests, we present the following
chart showing total US Federal debt/GDP as well as Deficit/(Surplus)/GDP since
inception, or in this case as close as feasible, or 1792, which appears to be
the first recorded year of historical fiscal data. We can see why readers have
been so eager to see the "real big picture" - the chart is
nothing short of stunning.
Submitted
by Tyler Durden on 12/17/2012
Bryant saw a flash on the screen: the explosion. Parts of the building
collapsed. The child had disappeared. Bryant had a sick feeling in his stomach.
“Did we just kill a kid?” he asked
the man sitting next to him. “Yeah, I guess that was a kid,” the pilot
replied. “Was that a kid?” they wrote
into a chat window on the monitor. Then, someone they didn’t know answered,
someone sitting in a military command center somewhere in the world who had
observed their attack. “No. That was a dog,” the
person wrote. They
reviewed the scene on video. A dog on two legs? The above article is a must read for every
American citizen, particularly those that get up in
arms about domestic gun control, but never think twice about the horror
caused by our foreign policy, which regularly murders innocent children
overseas.
Submitted
by Tyler Durden on 12/17/2012
The
rumor mill on unnamed sources and strawmen is full tonight with Reuters,
Bloomberg, and WaPo
all reporting on a new new deal from Obama that 'meets the Republicans more
than halfway' apparently. The crux appears to be a $1.2tn tax increase (over
10 years of course) thanks to higher rates on households earning
over $400k (up from his original $250k but below Boehner's $1mm) and $930bn
in spending reductions, including the much-discussed 'accounting' gimmick of
cost-of-living-adjustments (and unChained CPI - see below) in Social Security.
The offer also has a 'debt ceiling' proviso to increase the borrowing
capability for two years via McConnell's proposal. S&P futures got a lift
from this great 'austerity' news (that will perplex the Keynesians) but
seemingly got most of the excitement out of the way this afternoon.
Submitted by Tyler
Durden on 12/17/2012
In
what is likely the fist major under the radar profit warning of the current
quarter, GE chief, and Obama Job Tzar, Jeff Immelt warned during GE's annual
outlook meeting held earlier in Manhattan that the "economic
uncertainty" in the current quarter has resulted in an investment
"pause" that has resulted in a slowdown of corporate sales. Put into
numbers, GE is now calling for about 8% growth this year, from a 10% forecast
barely two months ago. Read: Q4 sales, and thus earnings, are set to be a major
disappointment. And while no superstorms were blamed in this particular sales
warning, the fiscal cliff did feature prominently. As the WSJ
reports, "[Immelt] said ongoing jitters over the so-called "fiscal
cliff" of tax increases and government spending cuts contributed to the
trend." Then again, it is just as likely that the tapped out US consumer,
whose savings rate is tumbling, whose real disposable income is now declining
on a year over year basis, and whose real wage growth is decidedly negative,
would be tapped out even if Obama and Boehner were not playing constant cat and
mouse. But whatever the reason for the slowdown may be, one thing is certain:
"Clearly, there has been an investment pause in certain industries,"
Mr. Immelt said. "We've definitely seen a slowdown in the fourth
quarter." Bring on the spin brigade.
State
Communism's Newest (public) Advocate: Jeff Immelt Posted by: CrownThomas Post date: 12/17/2012
- "the one thing that actually works, you know, state run communism may
not be your cup of tea, but their government works. They have five-year
plans" { Riiiiight, jeff …
their government works for … their government … everyone’s equal, but some,
ie., 1 party members, are more equal than others; which, is essentially what we
have anyway with our faux 2-party system (no real difference, actually; indeed,
ie., the contraindicated, inflationary QE is a welfare program for the wealthy
frauds on wall street and paid for by everyone for their benefit and party
members among others in Washington, primarily). Actually, GE has been a
‘connected government enterprise’ for quite some time. Indeed, as a point of
fact, I drove down to D.C. for what was to be my first patent filing some
decades ago. No sooner had I entered ‘Washington, D.C. proper’, I was stopped
on the highway by (I think) Washington, D.C. police. After they checked, ran my
ID, license, etc.., they said follow us … so I did. Then, after parking,
walking toward the ‘patent building/address’, I was approached by a man who
identified himself as a GE employee who asked (he probably already knew) where
I was going and volunteered to show me the way (which he did). The veiled
message was clear (previous times I had gone to D.C. on business, ie., Williams
& Connolly firm, Acacia Life Insurance Co., and flown, and had no such
similar experience). Guest Post: The Audacity of
Bonuses At MF Global Durden 3-12-12 In
the spirit of George Orwell’s Animal Farm commandment: “all animals
are equal, but some animals are more equal then others” comes the galling news
that bankruptcy trustee, Louis Freeh, could approve the defunct, MF Global to
pay bonuses to certain senior executives. This, despite the fact that nearly
$1.6 billion of customer funds remains “missing” or otherwise partially
accounted for, yet beyond the reach of those customers, perhaps forever, since
before the firm declared bankruptcy on October 31, 2011... , Nelson Mandela
'proven' to be a member of the Communist Party Telegraph.co.uk For decades, it was one of the enduring disputes of South Africa's
anti-apartheid struggle. { The failed
system of communism. Not surprising that a nigger would lache on to such where
everyone’s ‘equal’; but, for no good reason, other than for party membership
alone some are more equal than others. Well, close enough, but no cigar. After
all, chimpanzees share a 98% identical DNA profile with modern humans; and,
niggers share 99% (hence, that familiar simian look of the nigger.
Interestingly, I must confess that I’ve more recently particularly, developed a
well-founded aversion for and antipathy towards chimps, gorillas, oranguatangs
and monkeys owing to the fact that they remind me of niggers! } Chief Justice John Roberts
Bowed To Political Pressure And Changed His Vote On Obamacare http://albertpeia.com/nolegalsystem.htm { The unfortunate reality is what I’ve
alluded to in the context of my own direct experience; viz., america’s ‘legal
system’ is an illegal system used to cover-up crimes, arbitrarily enforce laws
to apply pressure, etc., and essentially run by the inmates of this collective
criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm }
Submitted
by Tyler Durden on 12/17/2012
The world makes less sense every day. Little children are randomly slaughtered in their
schoolrooms. Corrupt, bought off politicians pander to the lowest common
denominator as their votes are only dependent upon who contributed the most to
their election campaigns, which never end. Delusional, materialistic,
egocentric, math challenged consumers (formerly known as citizens) live for
today, enslave themselves in debt, vote themselves more entitlements, and care
not for future generations. The alienation and isolation created by our
sprawling, automobile dependent, technology obsessed, government controlled,
debt financed society has spread like a cancerous tumor, slowly killing our
country. The oligarchs will not give up without a fight. Their
realization that the Brave New World method of controlling the masses has run
its course has convinced them to shift their methods towards Orwell’s 1984 tactics.
Submitted
by Tyler Durden on 12/17/2012
For
anyone watching the last hour or two of today's market, there was plenty to
entertain. VXX (the implied vol ETF) collapsed in a haze of glory dragging
stocks to the highs of the day with financials seeing their best day in three
months. Treasury yields, Gold, and Stocks have all recoupled from the
election and perhaps that is what this bond weakness is related to (as
for example LQD fell to 3 month lows today, while HYG remains close to record
highs). Stocks closed at Thursday's highs amid heavy and large
size trades - the vertical rampathon (or inverse Baumgartnering) suggests a
quiet market desparate to auction to stops. The USD ended unch, as did Gold
while 30Y added 8bps as testicular fortitude appeared under pressure today. Perhaps
Citi should downgrade AAPL every day? Today's #Teppergasm
(h/t @gubbmintcheese)
saw the NASDAQ back to unchanged for December and Citi up a measly 13.3%.
Submitted
by Tyler Durden on 12/17/2012
Moments
ago, the San Fran Fed, best known for spending taxpayer money to conduct such
indepth analyses on topics including whether water is wet, and whether the Fed
creates bubbles, has just released its most recent
'FedViews' economic outlook in which we read that "we expect growth to
steadily accelerate in 2013 as the economy bounces back from harsh weather
conditions and as the underlying expansion of consumer spending reemerges. We
expect growth to register 1.7% in 2012 and 2.6% in 2013." This
would be great if only a two minute Google search did not expose some of the
San Fran Fed's previous attempts at forecasting the future, such as this one
from October
14, 2010, in which the crack experts said that "we currently project
that real GDP will expand around 2½% in 2010, below its potential of about 3% annually. We
expect the recovery to gain momentum over the course of next year and that real
GDP growth for 2011 will reach about 3½%." Final 2011
GDP growth: 2.4%.... or this one from June 9, 2011, in which we learned
that "growth should rebound in the third quarter.
We expect GDP to expand at an annualized 3½% rate in the second half of the year and to continue
to strengthen throughout 2012." Final 2012
GDP growth: 1.8%. Or just 50% off. Applying the same undershoot error rate
to the Fed's 2013 forecast means that real economic growth next year will
be at best 1.3%. And that's with a fresh $1 trillion in monetary
injections from the Fed.
Submitted
by Tyler Durden on 12/17/2012
As
the fallout of Liborgate escalates, the next big bank to be impacted in the
fallout started by Barclays civil settlement "revelation" is set to
be troubled UBS, already some 10,000 bankers lighter, where as many as three
dozen bankers are reported by the implicated in the fixing of the rate that
until 2009 was the most important for hundreds of trillions in variable rate
fixed income products. Only instead of attacking the US or even European
jurisdiction, where the next big settlement is set to hit is Japan: a country
whose regulators as recently as half a year ago promised
there were no major issues with Libor, or Tibor as it is locally known,
rate fixings. And while this most recent development will have little material
impact on UBS' ongoing business model, the one difference from previous
settlements is that it will likely include criminal charges lobbed against some
of the 36 bankers. From
the FT: "UBS is close to finalising a deal with UK, US and Swiss
authorities in which the bank will pay close to $1.5bn and its Japanese
securities subsidiary will plead guilty to a US criminal offence.
Terms of the guilty plea were still being negotiated, one person familiar with
the matter said on Monday, adding that the bank will not lose its
ability to conduct business in Japan. The pact between the bank and
the US Commodity Futures Trading Commission, US Department of Justice, UK’s Financial Services Authority
and UBS’s
main Swiss supervisor Finma is expected to be announced on Wednesday, although
last minute negotiations continue."
Submitted by Tyler
Durden on 12/17/2012
From
the government-induced structural unemployment malaise to the implosion of our
entire 'artificial economy', Peter Schiff and Rick Santelli explore the dark
side of monetary policy in this brief clip. On the Fed's new policy and
potential exit strategy, Schiff notes that "the Fed is
constructing goalposts so it never actually hits them; the Fed is never going
to tighten." While Santelli tends to agree with Schiff on the
eventual collapse of the USD under this never-ending Fed easing scenario, he
notes that getting a fix on that USD weakness is hard given everyone is racing
to debase. Schiff notes, oil prices, gold prices, food inflation, and real
assets all send the signal that Bernanke chooses to ignore and on the topic of 'monetization'
which Bernanke seemed so 'put off' by during the press conference last week,
Sch-antelli both seemingly (obviously) conclude that the mere mention of an
exit at some point in the future by the great and powerful Oz does not preclude
the fact that 90% of current Treasury issuance ends up on the Fed's books...
leaving the fact that selling any of this "would make 2008 look
like a Sunday picnic."
Submitted
by Tyler Durden on 12/17/2012
“Something bad happened in November…and it wasn’t merely Hurricane Sandy”, the NFIB chief economist Bill Dunkelberg is quoted as saying - see chart below and link. Even scarier than the decline in the headline measure was the 37% slump to an all-time low in those firms who believe economic conditions will improve over the next six months. That 37% drop is twice the previous record 18% decline, which occurred in the immediate aftermath of the Lehman’s collapse (see chart below). For those who might immediately retort that this is a sentiment indicator that should be used as a contrary indicator - you are wrong. It is a good leading or at worst coincident indicator. I would say this datum is more than consistent with the recession that Lakshman Achuthan of the ECRI has been warning of, wouldn't you?
Submitted by Tyler
Durden on 12/17/2012
Buried in the Empire Fed manufacturing data is the forward expectations for Prices Paid and Prices Received. Taken together, somewhat obviously, they reflect businesses views of their margin expectations for the future. For seven of the last nine years, this future margin expectation has risen from mid-year into the end of the year (whether hope-driven or real fundamentals is unclear), but this year, the picture is very different. For the first time since 2007, future margin expectations have plunged into year-end as expectations for prices-paid have notably risen relative to expectations for prices received. Though the sample is small, the last time we saw such a huge divergence from the seasonal tendency for margin expectations was followed by an equity market reaction many would prefer not to remember.
Submitted by Tyler
Durden on 12/17/2012
Whereas last month's negative print in the Empire Fed index (which beat expectations), was attributed to Sandy, it will be difficult to see what attribute can be blamed for this month's major miss, in which the NY Fed just disclosed a -8.1 General Business Conditions update, down from -5.22, and below expectations of -1. This was the fifth consecutive month in which the index has printed negative, and the 6th miss of the past 9 reports. The new orders index dropped to -3.7 from +3.08, while the shipments index declined six points to 8.8. At 16.1, the prices paid index indicated that input prices continued to rise at a moderate pace, while the prices received index fell five points to 1.1, suggesting that selling prices were flat. Bad news for anyone that needs positive margins (i.e. everyone). But that's ok, because the Hopium index, i.e., the Six Month Ahead index, which is the only thing those who fail to see what Bernanke's just announced $1 trillion injection means for the economy have to fall back on, rose from 12.88 to 18.66. So it is all about the future, forget the present, but whatever you do, don't look at the forward Prices Paid indicator which soared to 52, the highest since May: surely NY corporations are optimistic due to the fact that they can now kiss margins goodbye for at least half a year.
Submitted
by RANSquawk Video on 12/17/2012
Submitted
by Tyler Durden on 12/17/2012
20 children, 7 others dead in school shooting Marketwatch
{ From the previous day, pre-shooting I posted : Don’t Let Your Child See a Psychiatrist. Jon Rappoport { In light of his expressed
fear, psychologists can’t prescribe medication – though that’s changed somewhat
in some states. Rappoport must realize that some parents, nuttier than
fruitcakes particularly in america, might be the problem. Who then does the
troubled child turn to?} That said, Every human emotion now classified as a mental disorder
in new psychiatric manual DSM-5 Mike Adams { Well, I gotta tell ya … if the shoe fits, wear it …
the reality is that the prevalence of mental disorders/mental illness in
america is so great that reactions as those of mike adams (including shooting
the messenger) are not unexpected; but, must be discounted. After all, insanity
or close to it has indeed become the new normal, shaded/obscured somewhat by
what’s deemed simple inherent criminality which masks the underlying
‘americinsanity’. }
Prepare to pay the piper
Marketwatch
http://albertpeia.com/chinajobsnotcomingback.htm
http://albertpeia.com/15signseconomyworsefor2013.htm
http://albertpeia.com/unemploymentnotgoingdown.htm
AP Business
Highlights
...Yahoo Market
Update…
Submitted
by Tyler Durden on 12/11/2012
Minutes
before Michigan Governor Snyder signed the 'Right-To-Work' bill into law,
Teamster leader Jimmy Hoffa appeared on CNN,as seen in the clip below,
warning that: "This is just the first round of a battle that's going
to divide this state. We're going to have a civil war,"
as the bill to weaken unions' power is passed.
{ There is an exception
to the hearsay rule known as a dying declaration; the rationale being that a
person would not ‘go to his maker’ with a false statement/declaration to ‘taint
his soul’. Interestingly, I had occasion to know a very intelligent, learned
man who was indeed dying, in a death spiral if you will. A lawyer by
profession, he had taken an interest in another lawyer’s history; none other
than Abraham Lincoln himself. Curiously I thought at the time, though even
then, some decades ago (long before the internet), I realized that you were
never getting the whole, correct, true story from american media, history as
written, etc.. ( I was fortunate in sixth grade to have had a great teacher,
James Bresnahan, who allowed for ‘expansive’/accelerated learning in what he
took the time and trouble to provide as an advanced reading group. Among the
subjects was that knowledge/thinking tainting phenomena known more commonly as
propaganda). After all, a long dead president; and, one who famously suffered
from recurring bouts of severe depression could hardly be the object of, from
my view, intense intellectual interest and scrutiny. Yet, he was fixated on
what he deemed a somewhat surprising revelation; viz., from his intense study,
Abe was not ‘Honest Abe’ but rather, was a thief. I was aware that in fact,
Lincoln found niggers somewhat appalling and initially opposed ending slavery
as well as those who favored same, viz., the abolitionists, etc. (niggers are a
same old old story of lazy, unproductive, inherently very uncivilized criminal
people who are fun-luvin’ for games, partying, and getting high only. Even the incisive Shakespeare
euphemistically referred to the ‘typicality’ of the inherently untrustworthy
and without sense of honor, ‘noir’ [french for black]). The ultimate consummate
politician (as a lawyer, Lincoln famously took a contrary position not long
before saying he thought he then was right but now taking the opposite position
now knew he was right … riiiiight! ‘Honest Abe’), Lincoln ultimately did, in
rallying his ‘stalwarts’, back the abolitionist cause. I personally feel the
people of the south were foolish in bringing vanquished niggers, sold into
slavery by other niggers who vanquished them, to this already now recently
blemished land. Moreover, as today, the niggers (and the abolitionist cause)
had provided fodder for politics of all
sorts, including that of Lincoln. Indeed, even today, spielberg who is famous
for his pro-jewish ‘politicking’/propaganda (even the first Indiana Jones movie
was heavy on the Arab/Nazi transference propaganda) has found a way to make
film-making pay for him and the democratic party by way of the misguided,
inaccurate view of Lincoln as the anti-slavery icon he is speciously depicted
as. Civil war? Hoffa, like his mob-connected, then disconnected (permanently)
father is old news. The truth is that their own done them in (as was so of
hoffa’s father) with NAFTA, etc., as they themselves foolishly laughed at their
real would-be saviors, ie., Ross Perot, etc.. The reality is, there is
literally nothing that can’t be produced better and cheaper and without paying
the shake-down bribe from the teamsters et als for doing absolutely nothing (as
is true with the other niggers, et als, entitlements, etc.), elsewhere.
Twinkies anyone? }
Submitted
by Tyler Durden on 12/04/2012
Eleven
states made Forbes'
list of danger spots for investors including California, New York,
Illinois, and Ohio. They warned (and with the cliff it is even more
critical), if you have muni bonds in these states - clean up your
portfolio; if your career takes you there - rent, don't buy! Two factors
determine their list of 'fiscal hellholes'. The first is whether there are more
takers (someone who draws money from the government) than makers (the gainfully
employed). The second is a state
credit-worthiness score (via Conning) based on large debts, uncompetitive
business climates, weak home prices, and bad trends in employment. Conning
rates North Dakota the safest state to lend money to, Connecticut the most
hazardous. A state qualifies for the Forbes' death spiral list if its
taker/maker ratio exceeds 1.0 and it resides in the bottom half of Conning’s ranking. See below for the 11 states to avoid...no matter
what Bob Toll, Larry Yun, Bob Pisani, or Alexandra Lebenthal tells you..
Between 2010 and 2011, New Jersey’s GDP contracted by 0.5% — more than all but three states. The state’s median household income and poverty rate both ranked third in the nation. On the other hand, the state’s tax burden on its residents was second highest in the U.S. in 2010. Residents paid 12.4% of their income in state and local taxes — higher than any other state except neighboring New York. The state has budget problems, as well, according to the 24/7 Wall St. analysis. New Jersey’s debt as a percentage of revenue was 91.6%, the fifth-highest of all states.
Submitted
by Tyler Durden on 12/06/2012
Just
a few months back we noted the
FBI's arrest of Tony Mack, the Mayor of New Jersey's salubrious capital
Trenton. Today, via AP, the mayor and his brother have been indicted on eight
counts of extortion, bribery, and mail and wire fraud. The Mayor has continued
in his position - even since the September arrest - but the federal
indictment relates to an alleged scheme to accept $119,000 in bribes in
exchange for his influence in the development of a garage on city-owned land.
Shocked? not so much; but it seems maybe "Trenton Makes, The Mayor
Takes" is more appropriate.
http://albertpeia.com/uncontrolofinternetfreespeech.htm
America's
10 best-run
and
worst-run states Marketwatch
North Dakota (left) is the best-run state,
according to 24/7 Wall St.'s analysis. { Yes, indeed! I can attest to the
worthiness of jersey and california on
the worst-run list. Yet, new york/connecticut with their (ny
predominantly…connecticut is but a suburb of new york in a very ‘go along to
get along’ way … then there’s the other beltway drain, virginia, a d.c. suburb
with all d.c.’s faults.) large scale, nation draining corruption including wall
street frauds/bailouts, etc., should make this relatively short list. }
Israel moves to build 3,000 new homes The plans include
future construction in a strategic area where critics warn would kill hopes for
a viable Palestinian state. { The never ending story courtesy of the war
mongering, illegal nuke-toting, u.n. resolutions/international law scofflaw,
war crimes nation israel. } Brzezinski:
US must stop following Israel “like a stupid mule” Kevin
Barrett | Brzezinski has
drawn an unflattering picture of US-Israel relations. { And that goes for the politicians et als as well. Indeed, while
there may have been (ie., in the past) a time that blind adherence to the
pro-israeli line was a ‘political advantage’, that’s certainly no longer the
case. In fact, for all Romney’s contra-indicated pro-israel babble, wobama’s
jewish vote from the prior election was unchanged while Romney was hurt among
other constituencies fearing a return to the moron bush neo-con/pro-israeli war
mongering mindset. } { The unfortunate
reality is that while rome burns, the ne(r)o cons fiddle with unreasonable
israeli obsessive preoccupations born of paranoia and irrational quest for
control of people who america and clinton herself warrant a separate state by way of the 2 state solution. The fact
is, america’s problems are too large and grave for attention to israeli contrived,
self-interested concerns. The reality is that pervasively corrupt, defacto
bankrupt america has neither the time nor the resources to self-destructively
‘dance the tarantela’ with israel. }
http://theeconomiccollapseblog.com
http://albertpeia.com/34signsamericaindecline.htm
Drudgereport:
PRAVDA:
Obama 're-elected by illiterate society'... { Or ill something or
other in addition to illiterate! To reiterate and quote Ron Paul: america’s far
gone! http://albertpeia.com/obamberthemistake.htm }
UN
EYES CONTROL OF INTERNET {
Come on! The un can’t even do what they are supposed to do! Enforce resolutions
as to some nations, not others … war crimes delineated for some nations, not
others … then the corruption, wasted resources, etc.. They are the ‘uncompetent’ bent on destroying/controlling the
viability of the important free flow of information! }
‘This
is going to be a very special holiday season. The reason? It’s the last hurrah before
things get very very ugly.
Just off the cuff, you need to
know that:
1) China, the EU, and the US
(comprising over 50% of Global GDP) are in recession already. The EU has
already announced this. Look for the formal announcements concerning the US and
China to hit the airwaves next year.
2) Some data points
concerning these nations indicate that this recession will be on par with that
of 2007-2008.
A rising tide raises all ships.
Similarly, a sinking tide lowers everything. Bear this in mind as a global
economic contraction will have severe implications for everything.
Beyond the global economy, we now face
sovereign and banking crises in Europe…’
http://albertpeia.com/dominationcontrolgrid.htm
{ First and foremost clarification:
There are no elite on this planet. The grim reality for this planet is a
dominant species descended from initially notochords, primitive chordates, and
relatively more recently, primitive apes.
See generally, http://albertpeia.com/anthroindex1.htm , for a brief but sorrowful history of man. }
Hostess gets court approval to liquidate Marketwatch
{ Alas, adieu sweet hostess. As a kid (as an adult as well but can’t
afford those calories and haven’t had them in years), truth be told, though I
liked twinkies with milk, preferably chocolate milk, I invariably opted for the
cream-filled chocolate cake, chocolate iced (with the squiggle on top) hostess
cupcakes; with plain milk, of course. The ‘golden-goose-killers’ strike again!
}
FACEBOOK RESPONSE:
Bob: I'm 100% behind law enforcement in their ever
more increasingly difficult task of law enforcement, in this ever more lawless
nation, particularly in meaningfully lawless new jersey. Unfortunately, when I
went to vote, I was asked to grant facebook broad 'authority' which as a matter
of internet policy (to prevent a multitude of problems, hacking, etc.) I don't
do (facebook's very politicized in a pro-wobama way and hooked into those
goldman frauds et als, on fraudulent wall street). Since wobama people do it,
you can put in an extra vote on my behalf. I'm currently stonewalled awaiting a
formal reply from the fbi inasmuch as I must account for my time wherever I
ultimately locate. Below is some recent posted commentary and a response to
Congresswoman Roybal-Allard as per her request (I did not receive a reply from
Sen. Feinstein regarding the aforesaid matters). Hope you and your family are
well.
Regards,
Al
Dianne Feinstein: No need to
debate Republican opponent... { Riiiight! Things are going so
swimmingly (as in drowning) for the nation and california particularly.
Actually, I responded to a ‘generic’ email / facebook request from her with my
subsequent request that she help to elicit a formal response from the FBI as
promised regarding the RICO matters (the other incompetent, failed perrenial
senator barbara boxer actually had ‘made her presence known’ in the corrupted
process regarding usdcj matz/lester and the default of the u.s. which missed the
filing date which error was compounded by the misstatement of the rule in court
on the record by asst. us attorney robert i. lester); but, no response...
http://albertpeia.com/selfdefense.htm [ One thing is certain from my own direct
experience { The unfortunate
reality is what I’ve alluded to in the context of my own direct experience;
viz., america’s ‘legal system’ is an illegal system used to cover-up crimes,
arbitrarily enforce laws to apply pressure, etc., and essentially run by the
inmates of this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). I believe reasonable
diligence requires self-reliance more than ever before in this nation’s
history; particularly when political correctness in some states prevents
calling a spade a spade to the substantial detriment of law enforcement! ]
11-5-11 Dear Congresswoman Roybal-Allard:
The Keynesian (economic) approach, if ever a wise prescription for ‘economic doldrums’, euphemistically speaking (there are articles/studies/data that dispute the purported effectiveness of the widely hailed ‘Keynesian remedy’ during the prior great depression), the ‘Keynesian way’ is certainly no longer a prudent approach today in light of the insurmountable debt levels of nations worldwide and in america particularly along with the concomitant over-printed, debased ‘paper currencies’ to finance same. Quite simply, there simply is not enough real value being created for redistribution, a situation exacerbated by the parasitic lightening fast, computerized churn and earn high frequency trading programs on fraudulent wall street (they should be prosecuted, jailed, fined, and disgorgement imposed for extant frauds in the trillions now marked to anything as per misguided legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke …The government’s total indebtedness is $211 trillion’. 43,454,601,693,238 Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock Zero Hedge October 17, 2011 http://www.economist.com/content/global_debt_clock ] .This is the consequence of a structural shift fed by greed and misguided policy and cannot be undone (transfer of productive capacity to ie., China, etc., ‘the bell cannot be unrung’). That said which militates against such an extension, this is an election year which probabilities suggest makes highly likely the passage of the extension. I favor your co-sponsored legislation and before the holidays simply in the name and spirit of Christmas and for no other reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s ‘more war spending (Keynesian) position’ and an article regarding the folly of same. Immediately following is from my prior post to you concerning something of such manageable proportion and well within the government’s ability to resolve (if the government can’t accomplish this consistent with law and long overdue, then there isn’t anything the government can accomplish), along with other comments to you for ease of reference:
‘…As previously noted in a prior message to you, I had previously spoken to FBI Agent Bill Lewis in Washington who was recently promoted to the FBI Headquarters Office (D.C.) from the FBI office here in LA, and who was to be out of the office for the two weeks past. I’ll be contacting him given a reasonable time for him to ‘catch up’, from being out of the office. While independent contractor richard coan is ultimately the one to bear the burden of damages (there’s insurance and a surety covering same), coan might allude to the prior default of the u.s. government (assist. u.s. atty. robert i. lester miscounted / miscalculated the time for filing an answer / response to the complaint upon service thereof, also misstating the rule in open court before corrupt judge matz who ‘schmoozed’ things over (they both have the same employer), however incorrectly according to the ‘law’. I ordered / bought a copy of the transcript of that rather pathetic proceeding (posted in part on my website). In any event, regardless who pays me, the amounts so paid would ultimately be recovered from coan, his insurer/surety which amounts might even exceed the amount I’m willing to settle at. [There is also a judgment (referenced in the correspondence to FBI ADIC Martinez infra) that had been entered in my favor in the case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of $300,000 remains unaccounted for and which would benefit Los Angeles, etc.; and then, of course as well, the substantial damages. ] I’ve waited far too long for this matter to resolve, what should have been resolved in accordance with clear law long ago; and, which would have been resolved if not for typical u.s. corruption in the process; and, which is well within the government’s ability to resolve. In my world and way of thinking, results do count! I’ve included prior correspondence for ease of reference…’
Sincerely,
Albert L. Peia
America also leads in the illegal drug trade. In fact, many researchers reveal that the war on drugs is only utilized to control and monopolize the illicit drug trade. The US government has been caught multiple times shipping in cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now openly protects and transports opium from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In fact, Global Research points out that in 2001, “according to UN figures, opium production had fallen to 185 tons. Immediately following the October 2001 US led invasion, production increased dramatically, regaining its historical levels.” This month, the U.N. announced that Afghanistan now provides 93% of the world’s opium production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons. Although the empire tries to keep it secret, they can’t hide the hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug war hypocrisy: drug
trafficking’s big money benefits Big Brother and corrupt banksters PF Louis | The hypocrisy of the war on drugs is centers on
the amount of drug trafficking that benefits the CIA and international banking
system. Natural News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the war on drugs is outrageous
when compared to the amount of drug trafficking that benefits the CIA and international
banking system. The son of a convicted notorious mobster, John Gotti Jr, when
asked in court if the family still dealt drugs cracked, “No, we can’t compete
with the government.”
Guest Post: The West Has Just
Become A Giant Banana Republic
ZeroHedge.com by Tyler Durden { Yeah! This really is too true for words!
It’s been my direct experience
for quite some time now and is quite a pathetic scenario! } Legal precedent means nothing. Rule of law means
nothing. Free speech means nothing. Their own treaties mean nothing. It’s
unbelievable. Anyone in the west who honestly thinks he’s still living in a
free society is either a fool or completely out of touch. If that seems
too radical an idea, consider that ECUADOR is now the only nation which
stands to defend freedom and human rights against an assault from the
United States, the United Kingdom, and their spineless allies. The west
has just become a giant banana republic. Have you hit your breaking point
yet? If not now… when? { { I’m really constrained to
interject my own direct experience with the FBI here; and, I must say I do so
lamentably. If you want no real results vis-à-vis organized crime which now
extends to the upper reaches, highest levels of the corrupt u.s. government, go
to the FBI. I discounted the new jersey FBI as just typical corrupt, mob
infested jersey which thinks in terms of discos/casinos. But, truth be told,
they never ask the ‘tough’ questions of the biggest criminals; ie., the biggest
wall street frauds, cia connected illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry, shiff, alito,
etc.; but, they did go after Martha Stewart in a very big way over a $45,000
transaction. Wow! You can’t make this stuff up. I also don’t believe their
(understated) crime stats for even a second. I’m beginning to feel
foolish for having even put my full faith and trust in them, much less the ‘federal (judicial) system’ who share the ‘same employer’; and, despite my
antipathy for the mob, probably would have fared ‘more fairly’ with the mobsters
directly who seem to have at least some sense of the magnitude of the fraud
involved and the pervasive corruption of the system and government and maybe a
semblance of honor in this nation of protracted decline. It never would have
occurred to me back when for me, such a choice/decision was clear-cut and simple.
Such a course as mine I no longer could recommend inasmuch as there is little
difference between state/government sponsored crime/corruption and that
perpetrated by other criminal elements, from my direct experience with both,
infra: Debauchery: An American
specialty In the land
of Lindsay Lohan and Snooki, some federal workers reflect our culture all too well.
(Washington Post) [ Lindsay Lohan? Come on Mr. Milbank, hands off the low
hanging fruit. She’s totally harmless. Jersey ‘italian’ snooki? In mob infested
new jersey, who knows (one of the properties in my proceedings for which
surplus funds are unaccounted for was a top floor balconied 2 bedroom 1 and 1/2
bath condominium (beach/boardwalk front w/indoor pool/sauna) in seaside
heights, n.j. –10-31-12 Post Sandy: I’m wondering if it’s still there. ). But
debauchery an american specialty? Another rare instance wherein I agree with
Mr. Milbank completely. 25 Signs That America Is A
Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review of flawed forensics
held close to vest
EXCLUSIVE | Documents and interviews show FBI and Justice Department officials
took steps to control information uncovered by a task force designed to examine
cases involving discredited agents. Many defendants were never notified of
flaws in cases. ‘Simply unconscionable’ (Washington Post) [ Well, I really have to say this.
I’m
awaiting word from the FBI as to resolution, one way or the other, concerning
the RICO matters which have been systematically and corruptly covered up by the
government (executive, legislative, and judicial branches of the pervasively
corrupt, defacto bankrupt u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed
the level and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s direct involvement in
the illegal drug trade). In this civil RICO matter, there are no innocent
bystanders; but rather, perpetrators, accomplices, and co-conspirators. When
the fbi agent initially assigned to this matter (Connecticut) abruptly
resigned/retired shortly after a conversation, though not central to my case,
wherein I had said that rudy giuliani’s father had been an (convicted) enforcer for the mob
(served 12 years? in prison, aggravated assault/manslaughter?) and then sent him
documentation owing to his disbelief. Though ultimately ineffectual vis-à-vis
my case, he was a likeable guy for whom I had and still have regard. I then
spoke with FBI Agent Jeff Rasey upon the aforesaid agent’s departure who somewhat
plaintively (‘my
call being a burden’) told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain further. Could
anyone tell me what that means? Initially, at new jersey’s FBI office, I was ‘greeted’ by an FBI Agent who
sarcastically asked me whether I was ‘going to the disco that night’ (the documents including
sworn statements delivered to then u.s. attorney sam alito’s office in the same
building disappeared twice along with the initial assistant u.s. attorney
Jonathan Lacey with whom I had reviewed the documentary evidence, documents and
their probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s reward / quid pro quo
for his cover-up by his current position on the u.s. supreme
court. There was never a question as to maryanne trump barry’s interest in corrupting
the judicial process as related to her brother’s (trump) casinos. Jersey
city boy louis freeh, labeled by former Prosecutor Larry Klayman as the most
corrupt FBI director ever (see infra, mueller seems no different, and certainly
holder’s
impeachable actions and corrupt behavior/cover-ups fit the mold, ie., fast and
furious, race bias favoring blacks, etc.) apparently covered up the RICO
violations as sent to him, and, with italian citizenship and lucrative insider
deals fits the bill. The FBI Agent Jeff Hayes of the Long Beach Office with
whom I reviewed the RICO documents and confirmed same as indicative of (drug)
money laundering was transferred shortly after meeting with him, as has been so
of FBI Agent Bill Lewis (promoted to Washington FBI headquarters) with whom I
discussed the RICO matter and case disks/dvd’s sent to the LA FBI
office (they printed the documents thereon, as per Agent Lewis), Steven
Martinez, ADIC, here in Los Angeles (see infra). So, as regards FBI flaws,
coverup, etc., I have to believe it based on my own experience and reasonable
inference. I’m
currently being ‘stonewalled’ by the LA FBI office since the departure of FBI
Agent Bill Lewis.
[ .. (the following incident is my personal experience: black perps, white victims)'
... while walking through Military Park (a sliver of a 'park' - more a
pedestrian thoroughfare/cement walks) in newark, new jersey on the way to the
bank during lunch hour, I heard the clearly audible screams/cries of what
turned out to be an old lady on the ground with blood streaming from her mouth.
I ran toward the sound of the cries, the source of which I could not see
because there were so many people in and about this thoroughfare so as to block
any vision of the source of the cries. When I came to the woman, on the ground,
blood streaming from her mouth, I asked what happened, to which she responded
she had been hit in the mouth and knocked to the ground, her purse stolen/put
inside her shopping bag, and she pointed out the criminal casually now walking
across the main street. Nobody stopped to help her, many having passed her by.
I slammed the thug to the ground so hard that, in light of all the blood and
confusion (limbic system / adrenalin flow) I thought I had been stabbed (the
blood was from his elbows hitting the pavement so hard - no one helped / a
crowd gathered / an undercover cop happened along). When I testified at the
Grand Jury Proceeding I made sure his threat on my life was set forth in prima
facie fashion so as to maximize the DA's position with both felonies ( he went
to prison - pled out ). The other case I wrote about here ( This was included
on my website in the Psychology forum discussion of 'bystander effect' /
diffusion of responsibility. ) - Having had occasion to have run down a mugger
in newark, n.j. who apparently had followed a girl from the bank on her way to
the bursar to pay tuition, though in pretty good shape, I was astounded by how
totally exhausting such a pursuit was, how much like rubber my arms were when I
traded punches with the perpetrator, and truth be told, if I had a flashlight
on my belt, I have little doubt that I would have probably used it to subdue
the perp (a police officer here in California was the object of intense
criticism for having used a flashlight to subdue a criminal after a long chase
so I included that here) . The girl was not that seriously injured, did get her
pocketbook and tuition back, and the criminal went to jail (where they belong).
The other thing about such a pursuit that amazed me was that no one else
assisted the girl or me despite being in a position to do so. I was also mugged
by 4 blacks and 2 hispanics in an incident here in Los Angeles, CA. But, to be
fair and balanced, the RICO litigation involves those uncivilized who consider
themselves 'whites' http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
(predominantly but not exclusively jews / romans-italians / mobsters /
government slugs). http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
]
First
Ohio; Next 'The Moon'? Submitted by Tyler
Durden on 11/08/2012 While
markets are digesting the probabilities of a dramatic rise in taxes and cut in
spending as we approach the fiscal cliff, it appears that behind-the-scenes
there has been a secret plan that we can only imagine is designed to
rocket-boost us over the cliff - new manned missions to the moon. As Space.com
reports, NASA is serious about sending astronauts back to the moon's
neighborhood and will likely unveil its ambitious plans soon now that President
Barack Obama has been re-elected, experts say. They go on to comment that
"The space agency has apparently been thinking about
setting up a manned outpost beyond the moon's far side, both to establish a human presence in deep space
and to build momentum toward a planned visit to an asteroid in 2025. The new plans have
probably already been cleared with the Obama Administration but have been kept
under wraps in case Republican candidate Mitt Romney won Tuesday night's (Nov. 6) presidential
election." While the claims are that this will not increase the budget, we
suspect out-of-this-world manned outposts cost a little more than the $17.7bn
budgeted for NASA in 2013... someone is clearly eating space-cakes.
Ironic
really given our earlier post... {
Riiiiight! Sounds like a plan! After all, the new mooney gold and mooney
diamond mines on the mooney moon will pay for themselves and the mission … The reality though is a
new boondoggle to fleece the treasury/taxpayers…
Astronauts' tracks, trash seen in new moon photos
[ The easiest thing in the world to contrive (don’t forget they can with some
precision today send robotics to ie., mars, etc.) and doctor so don’t be taken
in by their fraudulent b***s***! They’re probably desperately looking for some
money / budgetary consideration for their continued boondoggles. No man has
ever set foot on the moon to date. As NASA transitions, U.S.
space politics in a state of flux
(Washington Post) [ U.S. space politics? I didn’t know there was such a
thing. But I, and I’m sure all know that ‘u.s. politics are spaced’. Flux? One
could only hope. I’d say, ‘fleeced’; as in we’ve all been fleeced. Sterner: 5 myths about NASA (Washington Post) [ If you can’t get past
the first myth; viz., that they actually set foot on the moon, the other 5
so-called myths become irrelevant. Indeed, post-Eisenhower, and certainly
post-Kennedy-assassination / coup d’etat, NASA was all military / military
industrial complex (moreover, someone knowledgeable about such matters said
essentially that in explaining to my surprise the transition to the shuttle
program it was said there was greater military application in same). In any
event, Russia’s been doing quite a bit of ‘heavy lifting’ vis-à-vis the space
station, but not inordinately so. All I can say with certainty is that the
universe beyond this solar system is forever protected / insulated. The fact
is, they never set foot on the moon; and, in light of the pervasive corruption
in and defacto bankruptcy of the nation, their perpetual wars toward making a
hell on earth militate against anything but trying to do even just a little bit
better (for a start), terrestrially. NASA wants mission to bring Martian rocks to Earth
(AP) Why? They already have that and more: Launch of secret US space ship
masks even more secret launch of new weapon The Militarization of Outer
Space: The Pentagon’s “Space Warriors” Global
Research
| It’s not as if things aren’t bad enough right here on planet earth. Now the
Defense Department wants to up the stakes with new, destabilizing weapons
systems that will transform low- and high-earth orbit into another
“battlespace.” buzz aldrin wants to colonize Mars … Riiiiight buzzed!
Better check with DePalma to see if he already has the footage in the can since
you won’t be able to use the moon footage for the new boondoggle video ...
OBAMA SPEECH OUTLINES PLANS
FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS LIKE A PLAN … FOR
INNER SPACE (IMAGINATION).
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
_______________________________________
{ some prior links of current interest }