Business Summary Links By Day
5
New Lies That The Federal Reserve Is Telling The American People http://albertpeia.com/5newliesbythefed.htm
http://albertpeia.com/fraudulentfedhasfailed.htm { Yes, it’s really rather incredible, even
astounding, that people even listen to, much less believe the proven lies,
wrong information, disinformation that bespeaks fraud/deception/cover-up and at
best, total incompetence. Don’t they realize they’re being scammed in a very
big way; particularly, with an election year predisposed pro-wobama obfuscation? Bernanke is a total fraud. He is
totally incompetent! As I wrote, infra, as comment to Dave Fry’s Summary: the same helicopter ben
who forecast no recession and whose QEs have helped
no one but the frauds on wall street, with fake numbers on what is in reality
much higher inflation, unemployment, etc., for obfuscation – you cannot solve a
problem without admitting there is one, let alone failing to identify the
problem; and with america’s insurmountable debt and
debased Weimar fiat paper currency over-printing, that huge extant problem is
substantially exacerbated. { Britain
slides back into recession AFP Britain
was back in recession Wednesday after its economy shrank in the first quarter
while Prime Minister David Cameron said the country was being buffetted by the European downturn [ True, but only because
unlike the u.s., their reporting is a bit more
accurate/truthful, less manipulated, less fraudulent than america
which has already entered (the continuing) recession (actually dollar debased
and thereby, can you believe it, inflationary depression) UK
Economy Double Dips For First Time Since 1970s Submitted
by Tyler Durden on 04/25/2012 } ] { 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…’ } [ Now we know the reason for bernanke’s pro-wobama
politicking: Reuters: Mitt Romney says he would boot Ben Bernanke - The Trail The likely
Republican nominee says, “I’d be looking for somebody new” to run the Federal
Reserve if he’s elected president. Romney criticized Fed Chairman Bernanke for
printing too much money in a bid to stimulate the economy. (April 25, 2012) Drudgereport: Romney would boot Ben...
And, not only because bernanke as has obama failed miserably; good, sound management all but
requires that he do so (as per the late Peter Drucker
among the multitude of Management experts). Wobama,
the lazy jive-talking b***s*** artist, despite campaign rhetoric to the
contrary, literally continued all things dumbya bush.
]‘The Federal Reserve says that everything is going to be okay. The Fed
says that unemployment is going to go down, inflation is going to remain low
and economic growth is going to steadily increase. Do you believe them
this time? As you will see later in this article, Federal Reserve
Chairman Ben Bernanke has been dead wrong about the economy over and over
again. But the mainstream media and many Americans still seem to have a
lot of faith in the Federal Reserve. It doesn't seem to matter that
Bernanke and other Fed officials have been telling the American people lies for
years. As I always say, most people believe what they want to believe,
and many people seem to want to have blind faith in the Federal Reserve even
when logic and reason would dictate otherwise. The truth is that things
are not going to be getting much better than they are right now. When the
next wave of the financial crisis hits, the U.S. economy is going to fall back
into recession, financial markets are going to crash and unemployment is going
to absolutely skyrocket. But you will never hear any of that from the
Federal Reserve. The following are 5 new lies that the Federal Reserve is
telling the American people. After each lie I have posted what The
Economic Collapse Blog thinks is actually going to happen....’ http://albertpeia.com/benbsshalombernankesellsfedpansgoldstandard.htm
http://albertpeia.com/22redflagsofdoomforglobalfinancialmarkets.htm
, Dave Fry: ‘Did you know during the 2008
bear market nearly 50% of earnings reports beat estimates.’ Dave’s Daily: http://www.etfdigest.com BIG WEDNESDAY FOR MARKETS 4-25-12 ‘The set-up for the day began with
last night’s spectacular earnings news from Apple (AAPL) and continued with
Ben’s news conference. In it he forecast a lower unemployment rate by the
(cough) election…’ { the same helicopter ben who
forecast no recession and whose QEs have helped no
one but the frauds on wall street, with fake numbers on what is in reality much
higher inflation, unemployment, etc., for obfuscation – you cannot solve a
problem without admitting there is one, much less failing to identify the
problem, and with america’s insurmountable debt and
debased Weimar fiat paper currency over-printing, that huge extant problem
is substantially exacerbated}.
‘Inflation doesn’t exist and weather is what drove economy higher early in the
quarter and lower recently.
You need not know anything else. Durable Goods Orders (-4.2% vs -1.5% expected & prior 1.9%) sank to the lowest
level since (gulp) 2009. But Ben would probably attribute this to the weather I
guess since markets didn’t care. The transportation component plunged a monthly
12.5 percent in March after rising 1.8 percent the month before. Subcomponent
weakness was led by a 47.6 percent plunge in new orders for nondefense aircraft
(Boeing orders). Defense aircraft increased 15.5 percent while motor vehicles
edged up 0.1 percent.The focus was on Apple and Ben
which both produced a tsunami for tech to surf on and the rest of the market
just sort of tagged along. And the Facebook IPO is
just around the corner. And interesting article
from Time magazine reflects how frustrating hot IPOs can be with a quote
from yours truly.News from the eurozone
was positive for some corporate earnings and stocks rallied there with Apple as
well. Eurozone political news was quickly pushed to
the background.“As you
were”, was a common command for soldiers and this was sort of the feeling one gets from recent market action. Apple is more than just
okay and Ben is both optimistic and ready to print if necessary. So let’s just
go back a few weeks than shall we? Gold (GLD) was lower early but just as Ben
uttered the QE threat/promise the metal rallied immediately. Bonds (IEF) and
the dollar (UUP) were weaker in price and commodity (DBC) markets were also
stronger with Ben’s QE comments.Earnings are
generally beating much lowered estimates which is par
for the course. Did you know during the 2008 bear market nearly 50% of earnings
reports beat estimates. This game continues. Volume was modest especially given
the dynamic news background. Breadth per the WSJ was positive…’ , Overnight
Sentiment: Overbought, Underconfident Tyler Durden 4-26-12 , European
Confidence Tumbles To November 2009 Levels, Euro-Wide Double Dip Inevitable
4-25-12 , Germany
Folding? Europe's Insolvent Banks To Get Direct Funding From ESM , There
Goes Greek GDP: Nazional Lampoons Greek Vacation Just
Got Cancelled , NASDAAPL
Explodes Most In 4 Months As Volatility Implodes , Gundlach Explains Biflation For
The Cheap Seats Appropos Bernanke's razor's-edge
tight-rope-walk fence-sitting as the not-too-cold-not-too-hot economy
reduces the Fed's ability to do anything, Jeff Gundlach
of Double Line provided a succinct explanation of the the
'uncomfortable position' the place-of-confusion Fed finds itself in.
Simplifying the dilemma to: the Fed
cannot raise rates as the dramatic implications for the huge debt load (and implictly the interest expense saving the budget deficit)
of the US Government are untenable while at the same time
inflation (in the things we need - not just want) is rising notably…’ , Which
Came First - The Spending Or The Debt? , Just
As Predicted, Initial Claims Miss Huge, Yet Magically Improve Submitted by Tyler
Durden on 04/26/2012 Recall what we said less
than an hour ago: "what will most likely happen is a print in the mid
to upper 380,000s, while last week's number will be revised to a 390K+ print,
allowing the media to once again declare that the number was an improvement
week over week. In other words, SSDD." SSDD it
is: last week's 386K number was revised to 389K, meaning the massive miss
relative to expectations of 370K last week just got even worse. This is the 10th week in a row of misses to the
weaker side and the 16th of the last 18. And while this week's miss was whopping as usual, with
expectations of 375K being soundly missed after the print came at 388K on its
way back to 400K, the media can sleep soundly because the absolute lack of BLS
propaganda means that the sequential progression is one of, you got it,
improvement. In other words here is what the headlines in the Mainstream Media
will be: "Initial claims improve over prior week." In fact here it is
from Bloomberg: "U.S.
Initial Jobless Claims Fell 1,000 to 388,000 Last Week."
..No propaganda. No data fudging. No manipulation at all. JUST ENDLESS LAUGHTER AT
THE DESPERATION , What
Costs How Much, Where? Presenting The "Apple Index" 4-25-12 , March
Durable Good Implode, Worse Than Lowest Wall Street Forecast And Biggest Drop
Since January 2009 , FOMC's Bag Of Tricks Is Empty... For Now - Full Statement
Redline
The
United States Has Plenty Of Oil: 10 Facts About America's Energy Resources That
Will Blow Your Mind http://endoftheamericandream.com
http://albertpeia.com/10factsaboutamericanenergyresources.htm
[ Well, first off, since we’re only talking
decades at best, I agree the alarmist propaganda is all for naught. Yet, make
no mistake, those who equate shale oil, deep water oil, etc., with that close
to the surface, easily recovered, ie.,
sweet crude, are as misguided. It’s kind of like that ‘asteroid mining’ that’s
‘become the rage’. Firstly, in hollywood
(oh yeah, we’ve seen them digitally land on asteroids, planets as in Avatar,
etc., with ease and without a hitch), they don’t keep books the way other businesses
do, at least on the creative end, viz., ie.,
Cameron. And, what do you expect a former pilot to say, etc.? As an example of
‘fuel price makes a difference’, anyone who thinks american airlines among
others went bankrupt because they’re so horribly managed or because they felt
like strategically avoiding their debt would be mistaken. For airlines it’s all
about fuel costs and load factors, capital intensive that they are, and pennies
literally do make a difference. Costs of extraction make a difference. Oh sure,
there’s loads of oil. It’s all about the costs of getting it. Peak oil really
has been reached in terms of ‘easy pickins’.
Some even argue/document persuasively that current reserves of the ‘easy pickins’ are over-stated. ]
25-Apr-12
07:04PM Stuck in a Rut for 2 Months - What Will Break the Go Nowhere
Range? ETFguide
05:35PM [video] Apple Shines, Bernanke Speaks, Exxon Boosts Dividend
at Forbes 05:07PM Tomorrow's Tape: Jobless Claims Agita
at The Wall Street Journal 04:54PM Train Reading: The Fed's 'Fake-Communicating' at
The Wall Street Journal 04:22PM The Fed's 2014 Conundrum at The Wall Street
Journal 04:19PM MARKETS RALLY, APPLE SURGES, THE FED GETS HAWKISH: Here's What
You Need To Know Business Insider
03:47PM Has Obama Stacked the Fed? Not Really at
The Wall Street Journal 03:46PM After the Lament, a Forex Trader's
Call to Arms at The Wall Street Journal
03:21PM Bernanke: Sacrificing Price Stability For A Few Jobs Would Be
'Reckless' at Forbes
03:21PM Bernanke Sits On A Fence: QE On The Table, But Dangerous at
Forbes 03:20PM Exxon Now Offers World's Largest Dividend at
The Wall Street Journal 03:04PM InPlay:
S&P +19 reaches new session high, Dow +94 and Nasdaq
Comp +67 once again approaching morning peaks Briefing.com
02:53PM Fed Forecasts Slightly More Optimistic at
The Wall Street Journal 02:48PM Oh, by the Way, the U.K.'s Back in Recession at
The Wall Street Journal 02:25PM Live Blog: Ben Bernanke Press Conference at
The Wall Street Journal 02:14PM Cattle Futures Don't Get Mad, They Get Even at
The Wall Street Journal 02:10PM Fed Forecasts Slightly More Optimistic at
The Wall Street Journal 02:08PM Cattle Market Recovering From Mad-Cow Scare at
The Wall Street Journal 02:08PM Live Blog: Ben Bernanke Press Conference at
The Wall Street Journal 02:05PM InPlay:
Stock indices slip back in recent action, Dow +49 hovering near midday range
low -- S&P +14, Nasdaq Comp +61 Briefing.com
01:25PM Parsing the Fed: How the Statement Changed at
The Wall Street Journal 01:22PM QE3 Likelihood Diminishing 'On a Daily Basis' at
The Wall Street Journal 01:15PM Reality Check for Facebook Investors
at The Wall Street Journal 01:08PM Steady Fed No Help for Stocks at
The Wall Street Journal 01:07PM InPlay:
Break of intraday range high for S&P +17 hovering just under early peak at
1390 Briefing.com
01:02PM Stuck in a Rut for 2 Months - What Will Break the Go Nowhere
Range? ETFguide
01:01PM How Apple Can Maintain Its Momentum at
The Wall Street Journal 12:58PM An Apple Today Would Help the Dow Keep Caterpillar at Bay at
The Wall Street Journal 12:49PM Parsing the Fed: How the Statement Changed at
The Wall Street Journal 12:49PM Steady Fed No Help for Stocks at
The Wall Street Journal 12:44PM FOMC: Bernanke Saves QE3 Bullet As Labor Markets Improve at
Forbes 12:44PM Fed: Bernanke Saves QE3 Bullet As Labor Markets Improve at
Forbes 12:43PM Wells Fargo, SPDR S&P 500 Trust: Money Flow Leaders (WFC,
SPY) at The Wall Street Journal
12:33PM Fed Statement Following April Meeting at
The Wall Street Journal 12:12PM After the Lament, a Forex Trader's
Call to Arms at The Wall Street Journal
11:56AM Who's Pay Is More Deserved: CEOs or Ball Players? at
The Wall Street Journal 11:53AM On Wall Street, Fears Of New Crisis Growing at
Forbes 11:44AM Ex-Partner May Be Key to Gupta's Fate at
The Wall Street Journal 11:43AM Parsing the Fed: How the Statement Changes at
The Wall Street Journal 11:39AM Index, ETF option volumes near midday optionMONSTER 11:23AM Index, ETF option volumes near midday optionMONSTER 11:13AM When Will a Less Dovish Fed Be Good for Stocks? at
The Wall Street Journal 11:05AM Aptly, 'Ex-Apple' Appellation Still Applies at
The Wall Street Journal 10:47AM Secondary Sources: Surviving Taxmageddon,
G-7 Recoveries, Youth Deaths at The Wall Street
Journal 10:39AM [video] The Key to the Fed is on Page Three at
TheStreet 10:22AM House Mulls Changes To Workplace Retirement Plans at
Forbes 10:12AM InPlay: Seeing some minor backtracking
following first half hour sprint -- Dow +75 slips 28 points off high, S&P
+14, Nasdaq Comp +62 Briefing.com
10:10AM Durable Goods' Tumble a Bad Sign, But Not For Right Now at
The Wall Street Journal 10:03AM Fed Likely to Provide Info but Not Action at
The Wall Street Journal 09:59AM Wall Street's CEOs: Worth The Pay? at Forbes 09:59AM Shareholders Revolt: Are Wall Street's CEOs Worth Their Pay?
at Forbes 09:53AM Fed Likely to Provide Info but Not Action at
The Wall Street Journal 09:50AM Sprint Nextel and Bank of America Among Most Active Stocks in
Pre-Market Today on the NYSE at Minyanville
09:44AM InPlay: Stock indices slightly extend strong gap higher
open -- Dow +78, S&P +15, Nasdaq Comp +58 Briefing.com
09:42AM The ECB, Spanish Bonds and U.S. Stocks ETFguide 09:40AM Sprint Nextel and Bank of America Among Most Active Stocks in
Pre-Market Today on the NYSE at Minyanville
09:28AM Durable Goods' Tumble a Bad Sign, But Not For Right Now at
The Wall Street Journal 09:20AM Stocks to Watch: Apple, Baidu,
Caterpillar, Corning at The Wall Street Journal
09:07AM Morning Links: Apple, Fed, Hedge Funds and More at
The Wall Street Journal 09:05AM Pre-Market Primer: Apple, Blue-Chip Earnings Boost Equities
Ahead of Fed Statement at Minyanville
09:03AM The Boeing Company Earnings: Tops Analysts Expectations at
Wall St. Cheat Sheet 09:02AM Stocks Roar Back With Apple To Thank at
Forbes 08:45AM Vital Signs: Easing Gas Prices at
The Wall Street Journal 08:16AM Apple: Is the Correction Over? at
The Wall Street Journal 08:01AM The Boeing Company Earnings: Tops Analysts Expectations at
Wall St. Cheat Sheet 07:49AM [video] Apple Fuels Bounce as Markets Await the Fed at
TheStreet 07:47AM Wall Street's CEOs: Worth The Pay? at Forbes 07:47AM Pandit, Moynihan, Dimon,
Blankfein: Are Wall Street's CEOs Worth Their Pay?
at
Forbes 07:45AM Apple Inc. Earnings Cheat Sheet: Earnings Smash Expectations
at Wall St. Cheat Sheet
Four
charged in latest $400 million Ponzi scheme
Reuters | The lastest ponzi
sheme where brokers sold phony trades and pocketed
millions client money.
The
Truth Behind President Obama’s ‘Slow Jam’ Student Loan Propaganda
Patrick Henningsen | Higher
education is America’s new scam, with Obama’s student loan R&B speech
furthering the lie, but what about Obama’s own student loans?
Dutch
Government Resigns Over Budget Crisis
HuffPo | The
Dutch government quit Monday after failing to agree on a plan to bring its
deficit in line with EU rules.
TOP
BANK ECONOMIST: ‘The Financial System Is Increasingly Being Rigged’
Business Insider | Stephen
King, the top economist at UK bank HSBC, is out with a
new note on the popular topic of “financial repression.”
UK economy in
double-dip recession
BBC | The UK economy
has returned to recession, after shrinking by 0.2% in the first three months of
2012.
Going
Dutch: ‘Game over for euro if Netherlands quits’
RT | The
caretaker Dutch Prime Minister is still desperate to push through budget cuts
and has called on lawmakers to help him.
22
Red Flags That Indicate That Very Serious Doom Is Coming For Global Financial
Markets
The Economic Collapse | If you
enjoy watching financial doom, then you are quite likely to really enjoy the
rest of 2012.
AP Business
Highlights
...Yahoo Market
Update…
Infowars.com | Now is the time to put an end to Obama’s
treasonous and tyrannical behavior.
http://albertpeia.com/impeachobama.htm
Nancy Pelosi Wants to Amend the First Amendment Kurt Nimmo
| When Pelosi says “special interests,” she means interests opposed to
establishment Democrats. [ Here’s a look at the pelosi
/ wobama styled new california ( 16 Reasons To
Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm ) . pelosi’s incompetent / senile in that chronological order.
At this point, wobama the b for b***s*** is just incompetent but acts and seems
as if he’s senile, particularly with regard to previous things he’s said and
prior promises that he’s made. ]
_______________________________________
{ some prior links of current interest }