Business Summary Links By Day

 

 

Ben Bernanke Tries To Convince America That The Federal Reserve Is Good And The Gold Standard Is Bad   http://albertpeia.com/benbsshalombernankesellsfedpansgoldstandard.htm [ greenspan and now bernanke are incompetent and total failures creating and exacerbating current and prospective conditions for the sake of fraudulent wall street at everyone else’s expense! ] , Bernanke Goes Back to School to Perform Public Propaganda Service The Wall Street Journal , The Rising Price Of the Falling Dollar Mar 20th, 2012 by News [ greenspan and now bernanke are incompetent and total failures creating and exacerbating current and prospective conditions for the sake of fraudulent wall street at everyone else’s expense! ] (Forbes) — Do you know why oil and prices are moving sharply higher? Some blame the oil companies, charging they are manipulating prices. Others cite U.S. sanctions on Iran and the threat of a military encounter that would disrupt the flow of oil from the Middle East.Speculators, too are blamed for ostensibly bidding up the price of oil. In the political arena, President Obama is taking credit for increased domestic oil production even as his critics point out the slow pace of drilling permits issued by his Administration soon will hamper additional increases in the U.S. oil production.Yet, the basic reason for higher energy prices is being overlooked, even though it is right before our eyes: Oil prices are up because the value of the dollar is down. Our common sense hides this source of higher prices because we view the dollar as fixed, and prices as moving. News reports explain the sharp rise in consumer prices in February were caused by higher energy and food prices, implying that higher prices cause inflation. Of course, higher prices do not cause inflation. Higher prices are inflation… , $4 Gas Average Is HereBased on Bloomberg's US Average Gasoline price index, we are now back above $4 per gallon for the first time since May 2011. We also note that the average price for a gallon of gas across the EU is inching ever closer to the $10 mark PG View: The threat of a preemptive strike against Iran, and a possible war as a result, trumps any promise of increased oil output on the part of the Saudis. Should also be viewed as an underpinning for gold. , Greece’s Third Bailout Seen in Debt With Junk Grade: Euro Credit Mar 20th, 2012 (Bloomberg) — Greece’s bonds and credit ratings are factoring in a third bailout for the nation that analysts and investors say will require greater concessions from its international creditors., The Simple Problems Of Too Much US DebtIn a succinct and chart-laden presentation, Professor Antony Davies, of Duquesne, offers a simple perspective on just how bad things are for the US (in terms of debt or obligations). Putting the interest cost in the context of war-spending, his analysis is interesting given the recent and dramatic rise in interest rates. Current interest payments, given the US Government's lowest ever 3% interest cost, are $440 billion.., $450 Billion In ZIRPorized Purchasing Power: Two Charts That Explain The Baby Boomer DilemmaWhen it comes to predicting consumer spending patterns, especially those of the baby boomers who are traditionally reliant on fixed income (but lately have had to migrate back into the workforce, as retirement prospects diminish, in effect displacing the young 18-24 year old Americans where unemployment is now at a substantial 46%), the following two charts from today's David Rosenberg letter do a great job at explaining the schism between interest and dividend income (dividend stocks whose cash flow yields can be eliminated at the bat of an eye ) , CTRL+SPIN: Ben Bernanke And The Fed Propaganda Tour Live A few days ago we noted that the Fed's propagnda is slowly encroaching into the 8-12 classroom with "Fed To Take Propaganda To The Schoolroom: Will Teach Grade 8-12 Students About Constitutionality Of... The Fed" in which the Fed's appointed class agenda would allow "students to use their knowledge of McCulloch v. Maryland and the necessary and proper clause to consider the constitutionality of the Federal Reserve System." , Obama Advisor, And Goldman Sachs Client, Gene Sperling Filibusters CNBC With "Shared Sacrifice" Speech In Response To Ryan BudgetGuest Post: Why We Won’t See 4% GDP Growth For A Long TimeRyan 2013 Budget Details Released, In Which We Find The US Runs A Deficit Until 2040Guest Post: Welcome To The Predatory State of California--Even If You Don't Live ThereEvery once in a while an event crystallizes the stark reality behind the lacy curtain of propaganda and artifice. Here is one such event. Correspondent R.T. is a retired accountant who has resided in Arizona since 2001. Prior to 2001, he resided in California. On March 14, he received a letter from the California Franchise Tax Board (the agency that collects income taxes) claiming that he owed $1,343 for the tax year 2006. This was the first notification he'd ever received of this claim. This was an interesting claim given that R.T.: *Did not reside in California in 2006 *Did not file a State income tax return in California in 2006 *Did not have any outstanding tax issues with California in 2006 *Did no business in California in 2006 *Owned no property in California in 2006 , Will China's 'Soft' Landing Be 'Hard' On Global Exporters?US Taxpayers Commence Bailing Out ECB, With Greece As IntermediaryHatzius On The Three Reasons The Recovery Is OverstatedEconomic Surprise Indices have been rolling over for a month or two now. The trend of US macro data has also disappointed in a period when it would be expected (empirically) to accelerate. However, taken anecdotally or cherry-picked.., No Housing Recovery On This Chart EitherNSA Chief Denies Wired's Domestic Spying Story (Fourteen Times) In Congressional Hearing  Forbes [ You won’t see this story in google news – they have a ‘sweet deal’ with the NSA. ] , 40 Weird Facts About The United States That Are Almost Too Crazy To Believe   http://theeconomiccollapseblog.com  http://albertpeia.com/40weirdfactsabouttheus.htm

 

 

Miscellaneous Business Headlines

20-Mar-12 09:40PM  Market Preview: Bye, Bye Bonds, Hello Stocks? at TheStreet Train Reading: Baltic Dry Keeps Winning at The Wall Street Journal 05:48PM  Tomorrow's Tape: Existing Home Sales on Tap at The Wall Street Journal 05:41PM  Train Reading: Baltic Dry Keeps Winning at The Wall Street Journal 05:12PM  Traders Price in Late 2013 Funds Rate Increase, Year Earlier Than Fed Says at The Wall Street Journal 04:37PM  Stocks falter on China slowdown fears at MarketWatch 04:29PM  Apple's Dividend: Welcome Addition Or Warning Sign? at Reuters 04:15PM   S&P 500 Has Rallied For More Than 90 Days at Seeking Alpha 04:00PM  STOCKS FALL AFTER WARNING FROM CHINA: Here's What You Need To Know Business Insider 03:59PM  STOCKS FALL AFTER WARNING FROM CHINA: Here's What You Need To Know Business Insider 03:51PM  Bernanke Goes Back to School to Perform Public Service at The Wall Street Journal 03:43PM  Six 'Investment Potholes' That May Hinder the Stock Rally at The Wall Street Journal 03:32PM  Bernanke Goes Back to School to Perform Public Service at The Wall Street Journal 03:09PM  InPlay: Fresh afternoon highs for Nasdaq Comp -2.1 and S&P -2.9 -- Dow -50 Briefing.com 03:09PM  Bernanke: China's Dollar Peg Like Being on Gold Standard at The Wall Street Journal 02:19PM  Bernanke: China's Dollar Peg Like Being on Gold Standard at The Wall Street Journal 02:13PM  Treasury Rally Peters Out Again at The Wall Street Journal 01:55PM  Midday Market Report: China Slowdown Spooks Commodities, Equities at Minyanville 01:50PM  InPlay: Nasdaq Comp -10 notches new rebound/session high, Dow -52 and S&P -4.4 vacillating near their intraday bounce highs Briefing.com 01:21PM   Where's the 10-Yr Yield Heading? A Bull & Bear Duke it Out at The Wall Street Journal 12:53PM  Watch Live: Prof. Bernanke on the Fed at The Wall Street Journal 12:45PM  The Real Deal or Another Real False Start? at Minyanville 12:23PM  Pop Quiz: Questions on the Founding of the Fed at The Wall Street Journal 12:20PM  Watch Live: Prof. Bernanke on the Fed at The Wall Street Journal 12:14PM  Here's Why the Rally Won't Last HSBC at The Wall Street Journal 12:11PM  Fed Sent $75.42 Billion in Profit to Treasury in 2011 at The Wall Street Journal 12:03PM   [video] Fed to Focus on Housing Values at TheStreet 11:50AM  Hedging A Rally 'Running On Empty' at Seeking Alpha 11:46AM  InPlay: S&P -7.6 and Dow -72 upside extension stalls at resistance Briefing.com 11:41AM  Financial Stocks Lead, Everything Else Lags at The Wall Street Journal 11:38AM  ECB Official Wants Growth and Austerity in Greece at The Wall Street Journal 11:35AM   Index, ETF option volumes near midday optionMONSTER 11:28AM   Here's Why the Rally Won't Last HSBC at The Wall Street Journal 11:10AM  Financial Stocks Lead, Everything Else Lags at The Wall Street Journal 11:06AM  Why I'm Bullish On America: 5 Charts at Seeking Alpha 10:55AM  9 Weeks to Better Options Trading: The Power of Calendar Spreads at Minyanville 10:48AM  Housing Starts: Expect 'Long And Slow' Recovery Ahead at The Wall Street Journal 10:41AM  Secondary Sources: 2013 Fiscal Cliff, Job Creation, Prof. Bernanke at The Wall Street Journal 10:29AM  Housing Starts: Expect 'Long And Slow' Recovery Ahead at The Wall Street Journal 10:10AM  Apple options active; Harmony Gold at 52-week low at MarketWatch 10:03AM  InPlay: S&P -9.4 and Nasdaq Comp -24 hovering above second level support Briefing.com 09:44AM  China Halts Stock Rally at The Wall Street Journal 09:34AM  InPlay: Broad based pressure off the open with S&P -9.3 probing 1400 psych level -- Dow -77, Nasdaq Comp -23 Briefing.com 09:15AM  Pre-Market Primer: Housing Starts Disappoint at Minyanville 09:14AM  Morning Links: Why Apple Should Buy Twitter at The Wall Street Journal 09:10AM   Vital Signs: Rising Container Shipments at The Wall Street Journal 07:54AM  [video] Extended Markets Can Use A Rest at TheStreet 07:54AM  [video] Extended Markets Can Use a Rest at TheStreet 07:20AM  Wall Street Breakfast: Must-Know News at Seeking Alpha 07:20AM  10 Things You Need To Know Before The Opening Bell Business Insider 07:20AM  10 Things You Need To Know Before The Opening Bell Business Insider 06:11AM  Morning MarketBeat: Window Dressing Could Jolt Stocks Even Higher at The Wall Street Journal 05:10AM   7 stocks billionaire fund managers love at MarketWatch 04:41AM  The Bursting Of The Treasury Bond Bubble Has Begun at Seeking Alpha 04:35AM  7 stocks billionaire fund managers love at MarketWatch 03:11AM  The Equity Rally Has Legs at Seeking Alpha 19-Mar-12 07:00PM  Is the Bull Market in Gold Kaput? ETFguide 06:45PM  Why Fixed Income Likely Will Remain A Dead Asset Class at Seeking Alpha 06:00PM  Tomorrow's Tape: Housing Starts on Tap at The Wall Street Journal 05:51PM  Train Reading: Apples Yield to Cash Call, BofA Denies Rumors at The Wall Street Journal 05:11PM  Apple: New iPads Sales Top 3 Million at The Wall Street Journal 05:07PM  Transports, Small Caps Hit New Highs at Seeking Alpha 05:00PM  Will the JOBS Act Open Floodgates of Innovation or Fraud? at Minyanville 04:57PM  Apple Dividend: So What, Treasury Yield Now Above Stocks at The Wall Street Journal 04:38PM  Apple Dividend, Schmividend: Treasury Yield Now Above Stocks at The Wall Street Journal 04:33PM  All Hail Apple, While US Stocks Modestly Climb at The Wall Street Journal 04:31PM  Apple finally uses some of its cash! And stocks gain at MarketWatch 04:22PM  Bank Of America Shares Hit $10, Is It All Uphill From Here? at Forbes 04:19PM  Goldman Sachs: Here Comes Apple $700 at The Wall Street Journal 04:18PM   Apple finally uses some of its cash! And stocks gain at MarketWatch 04:00PM  Stock Market Strategists Sticking To Bearish CallsSo Far at The Wall Street Journal 04:00PM  STOCKS RALLY, TREASURIES TUMBLE AND APPLE OFFERS A DIVIDEND: Here's What You Need To Know Business Insider 03:56PM  InPlay: Stock indices slide further off afternoon/session highs amid relative weakness in Finance/Bank -- Dow +1.9, S&P +5, Nasdaq Comp +21 Briefing.com 03:36PM  Fannie: Job Market, Income Trends May Help Housing Market Turn Corner at The Wall Street Journal 03:33PM  Canada's Debtor Status May Spur Volatility In Its Dollar at The Wall Street Journal 03:23PM  Apple Unveils Dividend. Is Google Next? at The Wall Street Journal 03:11PM   InPlay: Dow +18 and S&P +7.8 slip back off afternoon highs, Nasdaq Comp +29 still in tight range near its high Briefing.com 02:51PM  Apple Unveils Dividend. Is Google Next? at The Wall Street Journal 02:41PM  UBS's Big-Picture Stocks Guy Takes On Apple Again at The Wall Street Journal 02:36PM  Bank Of America Shares Hit $10, Is It All Uphill From Here? at Forbes 02:25PM  Sprint Bankruptcy Filing 'Very Legitimate Risk', Bernstein Says at The Wall Street Journal 02:21PM  Apple: Deutsche Calls Dividend 'Expected Positive' at The Wall Street Journal 02:17PM   Apple's 11 biggest mutual fund fans at MarketWatch 01:41PM  Nike Inc. Third Quarter Earnings Sneak Peek 01:37PM  Sprint Bankruptcy Filing 'Very Legitimate Risk', Bernstein Says at The Wall Street Journal 01:30PM  InPlay: Another round of minor new session highs for stock indices -- Dow +34, S&P +9, Nasdaq Comp +28 Briefing.com 01:24PM  Kass: The Market Is Overvalued at TheStreet 01:19PM  In Times of Crisis, Ignorance Is Bliss at The Wall Street Journal

 

 

 

 

 

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                                                                       { some prior links of current interest }

 

A Warning Sign For The World  http://albertpeia.com/warningsignfortheworld.htm,  20 Signs You Might Be A Typical American Worker  http://albertpeia.com/20signsoftypicalamericanworker.htm , 10 Signs That America Is Decomposing Right In Front Of Our Eyes   http://albertpeia.com/10signsamericadecomposing.htm , 8 Reasons Why The Greek Debt Deal May Not Stop A Chaotic Greek Debt Default   http://albertpeia.com/8reasonsgreekdebtdefaultstillcoming.htm , 55 Interesting Facts About The U.S. Economy In 2012   http://albertpeia.com/55factsaboutus2012economy.htm  ,  http://albertpeia.com/debtpercapita.jpg  , Double-dip recession setting in across eurozone: EU , America 1950 vs. America 2012    http://albertpeia.com/downhillslideofamerica.htm , Society’s Five Stages of Economic Collapse  http://albertpeia.com/5stagesofcollapse.htm ,  No Housing Recovery - Case Shiller Shows 8th Consecutive Month Of House Price Declines, Goldman: Germany Is Now On The Hook By €1 Trillion (Or 40% Of GDP), 20 Economic Statistics To Use To Wake Sheeple Up From Their Entertainment-Induced Comas  http://albertpeia.com/20ecostatstowakesheeple.htm  , Central bank balance sheet expansion since end 2007  Mar 1st, 2012 by News (ZeroHedge) — SNB +230%; Fed +222%, BOJ +125%, BOE +87%, PBOC +93%, ECB +51%. USA Gold / PG View: Pretty strong evidence that the rally in bonds — and by extension the rally in stocks — is nothing but a charade. , 10.7 Percent: Unemployment In Europe Is Worse Than It Was At The Peak Of The Last Recession  http://albertpeia.com/europeunemploymentworsethanrecession.htm , Inflation Is A Tax And The Federal Reserve Is Taxing The Living Daylights Out Of Us   http://albertpeia.com/inflationisatax.htm  , 15 Potentially Massive Threats To The U.S. Economy Over The Next 12 Months  http://albertpeia.com/15massivethreatstoeconomy.htm , 1 Through 30 – The Coming U.S. Financial Crisis By The Numbers http://albertpeia.com/1-30usfinancialcrisiscoming.htm Greece Has Defaulted - Which Country In Europe Is Next?    http://albertpeia.com/greecehasdefaultedwhonext.htm , Five Charts That Prove We’re in a Depression and That the Federal Reserve and Washington Are Wasting Money gpc1981  http://albertpeia.com/usindepressionfedandgovwastingmoney.htm  , Broken Promises: Pensions All Over America Are Being Savagely Cut Or Are Vanishing Completely .http://albertpeia.com/uspensionscutorvanishing.htm  , America Is Being Transformed From A Wealthy Nation Into A Poor Nation At Breathtaking Speed   http://albertpeia.com/ustransformedfromwealthytopoor.htm , ECRI Stays with Recession Call  New American | The vicious cycle is starting where lower sales, lower production, lower employment and lower income [leads] back to lower sales…BOB ADELMANN New American Tuesday, March 13, 2012 http://albertpeia.com/ecricallsrecession.htm , Consumer prices rise on high gas costs But outside higher pump prices, inflation stayed mild. (Washington Post) [ Wake up! They’d have a hard time denying what’s in plain sight for everyone to see. Yet, apparently they’ve not gone grocery shopping lately; you know, all that catered food for fools in Washington.  , Financial Crisis Phase II Is Ahead at Forbes Bert Dohmen In late 2007, I wrote the book Prelude To Meltdown, predicting the global crisis that occurred the following year.  I now see a similar confluence of events that warns of phase II of the global crisis… My work shows that “the new recession has started.”… Over the past 33 years, we have called the start of every recession, often on the exact month, or within one month, of the official start as determined one year later by the official arbiter of recession, the National Bureau of Economic Research (NBER)… However, inflation is far understated for political reasons. Currently, the GDP deflator is 1.8%, which hardly reflects the true rise in prices. Therefore, what is counted as “growth,” is actually price increases. Actual inflation, according to free market economists who calculate inflation as it was done in 1980 before the politician re-engineered it, is now more than 11%. Using that to adjust GDP for inflation, would show that the economy is now in a very sharp contraction…’ , Conned 2012: Joseph Kony Is A CIA Contractor  [ Yeah, cia, mossad, kony, they look like and are a bunch of spooks. ] Saman Mohammadi | Former European MP, journalist, and author Richard Cottrell says Lord Resistance Army is backed by CIA and Mossad. , 11 Reasons Why America Would Be A Better Place Without Goldman Sachs [ If only it was just 11 and not an endless number of reasons why the aforesaid is true! And, though america particularly, not just america, but the entire world as well! ] http://albertpeia.com/americabetterwithoutgoldmansachs.com  , The Obama Flag: Who Decided That It Was Okay To Replace The Stars On The American Flag With The Face Of Barack Obama? http://endoftheamericandream.com http://albertpeia.com/monkeyflag.htm   [Aside from the desecration issues, from a purely aesthetic perspective, that picture on the flag of that ugly monkey obama is an absolute disgrace and affront to any rational person’s aesthetic sensibilities!] , Who Decided That It Would Be A Good Idea.... http://albertpeia.com/misplacedfaith.htm  , As US Rakes Largest Monthly Deficit In History, 2012 Tax Revenues Net Of Refunds Trail 2011Guest Post: Money from Nothing - A Primer On Fake Wealth Creation And Its Implications (Part 1)What is fraud except creating “value” from nothing and passing it off as something? Frauds interlink and grow upon each other. Our debt-based money system serves as the fraud foundation. In our debt-based money system, debt must grow in order to create money. Therefore, there is no way to pay off aggregate debt with available money. More money must be lent into the system to make the payments for old debts. This causes overall debt to expand as new money for actual people (vs. banks) always arrives at interest and compounds exponentially. This process is called financialization. Financialization: The process of making money from nothing in which debt (i.e. poverty, lack) is paradoxically considered an asset (i.e. wealth, gain). In current financialized economies “wealth expansion” comes from the parasitic taxation of productivity in the form of interest on fiat lending. This interest over time consumes a greater and greater share of resources, assets, labor, and livelihood until nothing is left., Guest Post: Money from Nothing - A Primer on Fake Wealth Creation and its Implications (Part 2) Only in a debt-based money system could debt be curiously cast as an asset. We’ve made “extend and pretend” a quaint phrase for a burgeoning market for financial lying and profiteering aimed toward preventing the collapse of a debt- (or lack-) based system that was already doomed by its initial design to collapse. , Guest Post: The Audacity of Bonuses At MF GlobalIn 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... ,