Business Summary Links By Day

 

 

 

We Are in Age of ‘Late Great Depression’: Shiller CNBC.com | The world is in a state of “late Great Depression,” well-known economist and author Robert Shiller told CNBC Monday. , 95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs http://albertpeia.com/95percentofjobslostmiddleclass.htm  , New study: High U.S. debt levels could mean a quarter century of weak growth (The American Enterprise Institute) [ That’s optimistic; and towards the end there at best! Remember: Decades at Best! ] , Total US Debt Soars To 101.5% Of GDP Dallas Fed: Why We Must End TBTF Now! , The Demented "Old Normal" Speaks: Greenspan Forgets His Lines From Year Ago, Now Hearts QE Forget 'irrational exuberance', forget 'deregulation of derivatives', Big Al is back and this time he seems to have forgotten any- and every-thing we has ever said. It was only a year ago that Greenspan told CNBC "I am ill-aware of anything that really worked. Not only QE2 but QE1" and yet today the mumbling-'maestro' pronounces, via Bloomberg:*GREENSPAN SAYS EQUITY STIMULUS IS HELPING TO DRIVE ECONOMY *GREENSPAN SAYS EQUITY STIMULUS IS UNDERESTIMATED *GREENSPAN SAYS EQUITY IS COLLATERAL OF FINANCIAL SYSTEM So it sounds like Alan has joined Ben in the parade of 'the-market-is-the-economy' thinkers as now the critical action of all the greatest minds in our economic policy-makers are convinced that debasement manufacturing a rising equity market (by whatever means necessary) is key (and nothing else!) [ Come on! If you haven’t realized by now that greenspun is incompetent and senile, you haven’t been paying attention! ]. , Guest Post: Where's The Collateral? Collateral matters when it comes to assessing the value of the debt. If a bank lists the mortgages in its "assets" column at full value even though the underlying collateral (the houses) has lost much of their value, then the bank is grossly over-estimating the value and security of the mortgage. The bank's "assets" are based on phantom collateral. Take away $1 in collateral and you impair $4, $10, $20 or even $30 of debt. Recall that the vast majority of real estate equity and financial wealth is owned by the top 20%, with the majority of that concentrated in the top 5%. That means the bottom 80% own little collateral to leverage into debt. How about leveraging income into more debt? Since the top 10% receive almost 50% of the income, and most of the bottom 90%'s income goes to non-discretionary spending and taxes, then only the top 10% have discretionary income that can be leveraged into more debt. , The ISM Print Through The Eyes Of A Trading Algo Since nobody else is trading anything today, we wanted to show readers, courtesy of Nanex, just how it is that the only market participants in the past year, that would be robots of course, traded the ISM number. Pay particular attention how the size book in the E-Mini contract virtually disappeared two minutes ahead of the number as everyone shut down and was merely awaiting the headline at which point everyone who trade in the same direction. , ISM Defies Consensus, Surges In Best Consensus Beat In Past 7 Months Forget the Schrodinger  "baffle them with bullshit" economy - it is now officially the Idiotmaker economy. , Guest Post: Krugman, Diocletian & Neofeudalism , Art Cashin Issues His Latest Warning On Egypt , The Mediocre Truth About Earnings Season While headlines crow of company performance this earnings season and as usual consistent patterns are extrapolated and exaggerated into a forceful flow of propaganda for why everyone should buy stocks, the truth is much less spectacular and in fact downright disappointing if one looks to the future (as opposed to the rear-view mirror)… All-in-all, mediocrity rules the surprises and forward expectations continue to disappoint the maddening crowd. , Why? - 21 Unanswered Questions That They Don't Want You To Look Into  http://albertpeia.com/21unansweredquestions.htm  , BIN LADEN WAS ALREADY DEAD Bin Laden: Everyone Is Missing the Big Picture George Washington : 04/30/2012  http://albertpeia.com/binladenwasalreadydead.htm  , AAPL Drops Below 50 DMA After Hours As Stocks Retrace 60% Of ISM Spike  , Frontline On Financial Fraud , May-Day, May-Day: Houston, We Have Global Unemployment  , HaPPY MaY DaY WaLL STReeT KoMRaDS  : williambanzai7 : 05/01/2012 - 08:03 So Wall Street comrades, come rally;And the last great feast let us face;The Banksta Internationale unites the Banksta race! This Is the First Time In History that All Central Banks Have Printed Money at the Same Time … And They’re Failing Miserably : George Washington : 05/01/2012 - 18:44 Simultaneous Global Printing Is Failing Miserably,  Time To Start Looking At The Pump Prices Again , The Market Calls BS on Spain’s Efforts to Cover Its Toxic Banking Debt May 1, 2012 By gpc1981 http://albertpeia.com/spainstoxicbankingdebt.htm

 

01-May-12 08:25PM   Facebook To Go Public May 18, Report Says at Forbes 06:32PM  Detailed Chart Analysis Shows Where the Nasdaq is Headed ETFguide 05:37PM  Tomorrow's Tape: The Jobs Parade Starts at The Wall Street Journal 05:26PM  Train Reading: Divining Einhorn's Real Motivation at The Wall Street Journal 05:24PM   Herbalife: Don't Worry About Einhorn's 'Elementary Questions' at The Wall Street Journal 05:14PM   Chesapeake Energy Surprises With 1Q Loss at The Wall Street Journal 05:04PM  Fed Comments Suggests QE3 Remains Unlikely, Despite Economic Uncertainty at The Wall Street Journal 05:03PM  Chesapeake Energy Corp Earnings: Loss Narrows at Wall St. Cheat Sheet 04:51PM  Options Traders Cast Cold Eye On Stock Rally at The Wall Street Journal 04:51PM  Chesapeake Energy Corp Earnings: Loss Narrows at Wall St. Cheat Sheet 04:50PM  Geithner Thinks His Failed Trade Policy Was A Success at Seeking Alpha 04:36PM  Chesapeake Energy Surprises With 1Q Loss at The Wall Street Journal 04:27PM  Herbalife: Einhorn Raised 'Elementary Questions'; Fundamentals Remain Strong at The Wall Street Journal 04:18PM  Markets Start May With Strong Gains at Seeking Alpha 04:01PM  A Need to Know Basis: Chesapeake Energy at The Wall Street Journal 04:00PM  STOCKS HIT HIGHEST LEVEL SINCE DECEMBER 2007: Here's What You Need To Know Business Insider 03:42PM  Who Is Still Putting Money Into TVIX? at The Wall Street Journal 03:38PM  A Need to Know Basis: Chesapeake Energy at The Wall Street Journal 03:35PM  Financial Stocks Roundup: The May Day Edition at Minyanville 03:31PM   Forget Einhorn, Analyst Says Herbalife 'A Major Buying Opportunity' at The Wall Street Journal 03:19PM  Fed's Plosser: May Need to Scale Back Accommodation Before 2014 at The Wall Street Journal 03:15PM  InPlay: Minor new afternoon pullback lows for Dow +96 and S&P +11.9 -- Nasdaq Comp +18 Briefing.com 02:49PM  Who Is Still Putting Money Into TVIX? at The Wall Street Journal 02:42PM  Groupon Trying to Grow Up at The Wall Street Journal 02:38PM  Nasdaq Aims At Popular Emerging-Markets Trading at Barrons.com 02:35PM  InPlay: Nasdaq Comp +21 and S&P +13 set new afternoon pullback lows -- Dow +110 did not confirm the new low Briefing.com 02:24PM  Nasdaq Aims At Popular Emerging-Markets Trading at Barrons.com 01:40PM  The Einhorn-Herbalife Exchange Transcript at The Wall Street Journal 01:22PM  InPlay: Stock indices slip back slightly off midday highs -- Dow +105 had dipped 20 points, S&P +14.5, Nasdaq Comp +27 Briefing.com 01:14PM  ISM to Regional Factory Reports: Drop Dead at The Wall Street Journal 01:06PM  Here's Why The U.S. Economy Is A Lot Stronger Than Numbers Suggest at Forbes 01:03PM  Herbalife Shares Sink After Einhorn Asks Questions at The Wall Street Journal 01:01PM  Detailed Chart Analysis Shows Where the Nasdaq is Headed ETFguide 12:59PM  The Einhorn-Herbalife Exchange Transcript at The Wall Street Journal 12:41PM  Herbalife Shares Sink After Einhorn Asks Questions at The Wall Street Journal 12:27PM  ISM Report: If Something Sounds Too Good to be True at The Wall Street Journal 12:10PM  Emerging Markets Will Outpace U.S. Blue-Chip Dividend Payers, Says Arnott at Forbes 12:02PM   El-Erian: Don't Expect Magic Bullet From Euro Growth Pact or ECB at The Wall Street Journal 11:45AM   Euro-Stock Correlation Breaking Down at The Wall Street Journal 11:26AM   Greenspan: Obama Should Have Embraced Simpson-Bowles at The Wall Street Journal 11:22AM  InPlay: Dow +95 and S&P +13 edge to new session highs -- Nasdaq Comp +32 hovering just below it intraday peak Briefing.com 11:17AM  Investors Party Like It's 2007 at The Wall Street Journal 11:15AM  Best of the Blogs: Will the Facebook IPO Be Approved This Week? at Minyanville 11:04AM  Bill Miller's Unglorious End Points Out Dangers Of Running With The Crowd at Forbes 10:39AM   ISM Beats, Stocks Jump at The Wall Street Journal 10:10AM  ISM Beats, Stocks Jump at The Wall Street Journal 10:01AM  InPlay: Stock indices quickly sprint to new highs after data -- Dow +18, S&P +3.8, Nasdaq Comp +9.6 Briefing.com 09:55AM  Employment Numbers in the Headlights at Minyanville 09:47AM  Secondary Sources: Moral Case for Capitalism, Job Sharing, Taxmageddon Chart at The Wall Street Journal 09:44AM  InPlay: Stock indices able to extend bounce off Monday lows but overall bias turns mixed -- Dow -6, S&P +0, Nasdaq Comp +7 Briefing.com 09:40AM   Bank of America and Pep Boys Most Active Stocks in Pre-Market Today on the NYSE at Minyanville 09:34AM  Stocks to Watch: PLX Tech, PF Chang's, Sears Holdings at The Wall Street Journal 09:26AM  This Market Rally Is Hanging by Two Points at The Wall Street Journal 09:25AM  Bank of America and Pep Boys Most Active Stocks in Pre-Market Today on the NYSE at Minyanville 09:20AM  Pre-Market Primer: Murdoch 'Not Fit' to Lead News Corp. at Minyanville 09:17AM  Morning Links: Barnes & Noble's Lifeline Analyzed at The Wall Street Journal 09:04AM   Minyanville's T3 Morning Market Call: Stocks Look for Strong Start to May at Minyanville 08:58AM  Stocks Set To Open May Day With Strength But Apple Loses Support at Forbes 08:50AM  Vital Signs: Saving Rate Trending Lower at The Wall Street Journal 08:41AM  Managers Futures And Macro Q1 2012 Market Commentary at Seeking Alpha 08:35AM  ETFs Growing Faster Than Mutual Funds Marketwire 08:29AM  Archer Daniels Midland Co. Earnings: Margins Suffer as Costs Rise, Profit Falls at Wall St. Cheat Sheet 08:20AM  ETFs Growing Faster Than Mutual Funds Marketwire 07:54AM  [video] New Month, Can Market Sustain Upper Levels? at TheStreet 07:54AM  [video] Can Markets Sustain These Upper Levels? at TheStreet 07:21AM   The ETF Industry: Still Alive and Thriving ETF Trends 07:00AM  The ETF Industry: Still Alive and Thriving ETF Trends 06:14AM  Morning MarketBeat: Defense Returns at The Wall Street Journal

 

 

 

 

 

AP Business Highlights 

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Impeach Obama 2012. Join the National Campaign

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. ]

 

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                                                                       { some prior links of current interest }

 

A Warning Sign For The World  http://albertpeia.com/warningsignfortheworld.htm, Inventor of World Wide Web Savages Government’s Big Brother Plans  http://albertpeia.com/bernersleeantibigbrotherwebintrusion.htm , 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.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 , Chimps Throwing Poop And 29 Other Mind Blowing Ways That The Government Is Wasting Your Money  http://albertpeia.com/whydochimpslikeobamasthrowpoop29waysgovernmentwastesmoney.htm  , Failed Wobama model illustrated: 16 Reasons To Move Away From California  http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm  , No Housing Recovery Until 2020 In 5 Simple Charts
http://albertpeia.com/nohousingrecoveryuntil2020in5charts.htm
, The Mother Of All Infographics: Visualizing America's Derivatives Universe   Fasten Your Seatbelts: High Frequency Trading Is Coming To The Treasury Market    [ , 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... ,