Business Summary Links By Day
Eurobonds:
The Issue That Could Shatter Europe http://albertpeia.com/eushatteringeubonds.htm ‘...In
fact, it is being estimated that Germany could be facing an extra 50 billion euros a year in
interest expenses. So over ten years that would come to about 500 billion
euros. Needless to say, Germany
is not thrilled about this idea…’ { Understandably so! Rationally speaking,
would you be thrilled if in their place?} , Greece
Could Implode the Second Bailout and the EU by Mid-June http://albertpeia.com/greecesecondbailouteuimplosion.htm , POMO
For The Rest Of Us - A Zero Hedge Initiative Zerohedge.com Durden , Guest
Post: Unemployment Insurance Schemes And The Dependency Of Welfare , This
Is What European Banks' Loan-To-Deposit Ratios Look Like European
banks already have the highest loan-to-deposit loan-to-deposit ratio in the
world. , As
Reality Recedes, Rumor Rampage Returns , Guest
Post: Dollar Backwardation The current financial crisis, may progress to a
phase where people demand and hoard dollar bills but take electronic deposit
credits only at a discount which increases until electronic deposit credits are
repudiated entirely. The Federal Reserve would be powerless to solve the
problem, because while they can create unlimited electronic deposit credits
they can’t create unlimited paper dollar bills, “money you can fold” as
Professor Antal Fekete calls it. There would be a glut of electronic deposits,
but a shortage of dollar bills. Before the financial crisis metastasized in
2008, Fekete wrote a paper that I think is underappreciated and
under-discussed: "Can We Have Inflation and Deflation at the Same
Time?" In his paper, he discussed the “tectonic rift” between paper
Federal Reserve Notes (i.e. dollar bills) and electronic deposits. By statute,
the Federal Reserve cannot print dollar bills without collateral (e.g. Treasury
bonds). Also, they have limited printing press capacity that is insufficient to
keep up with a catastrophic crisis. , Biderman
On Bad Data And China's Recession "The next big financial crisis we
will face will not come from Europe", Charles Biderman of TrimTabs notes,
"but rather from China."
In a brief but thought-provoking clip, Charles takes on the corruption
in the 'manufactured' GDP data and outlines three more critical
real-time (hard-to-fake) data points (electricity consumption,
railcar-loadings, and bank-loans) that suggest China is potentially already in a recession. "Most
investors do not even think this is possible", he adds, as China is the
hope that so many market participants hold on to as the engine of global
growth. Add to this the collapsing
real-estate bubble, on which the TrimTabs-Truthsayer provides
some interesting color - relating to private-public relationships and demand
(and prices) are dropping rapidly. This dismal (and somewhat shocking)
conclusion that China could already be in recession only stokes the fires of
money-printing-expectations of course - though Charles does add (and in keeping
with our 'there's no such thing as decoupling' meme) - "What a mess this
world is becoming as Europe and now China is contracting - leaving very little
to justify global stock prices to be as high as they currently are" and
while collapse may not be imminent, Biderman ends by stating that "The Central Banks cannot levitate asset prices
forever" - leaving the question of when not if the drop occurs. , Flowcharting The
Eurocalypse , On The
Predictability Of European Lies , As
I've Been Warning Since 2010, the EU is Finished Phoenix Capital... , Guest
Post: More Than 30 Blocks Of Grey & Decay Our
entire society is in a downward social and economic spiral. We are just at
different levels of decay (Dante’s circles of hell). At the current pace it
won’t be long before I’m writing about the 50 States of Squalor. It is
virtually impossible to reverse a decline that has been underway for the last
three decades. We sold our souls to Wall Street and chose a debt financed
illusion of wealth over productive savings and investment which would
have led to real wealth. Our choices are reflected in the continued
deterioration and decay along West Chester Pike and the squalor that is West
Philly. Grey and decay will carry the day. The words on the Statue of Liberty
should be revised from, ”Give me your tired, your poor, Your huddled
masses yearning to breathe free”, to “we
have become your indebted, materialistic, obese, aging
masses yearning for the government to protect and sustain us as our once
great nation decays.” As a nation, we have chosen this path. We
made the choices and now we will suffer the consequences.
23-May-12
06:24PM Facebook's Bungled IPO Could Reignite Exchanges' Rivalry at The Wall Street Journal 05:43PM Dow Chart Looks Like a Hammock, But Don't Rest Easy at Barrons.com 05:25PM Tomorrow's Tape: Jobless Claims Seen Flat at The Wall Street Journal 05:24PM Is This as Good as It Gets? at The Wall Street Journal 05:17PM Train Reading: Europe's Mexican Standoff at The Wall Street Journal 04:34PM Somebody Order Wingsuits for the Eurocrats at The Wall Street Journal 04:28PM Hewlett-Packard Earnings Slide, Big Layoffs Loom at The Wall Street Journal 04:20PM U.S. Stocks Flip the Script, Rallying Into the Close at The Wall Street Journal 04:06PM 4 Stocks With Double Tops at Investopedia
04:05PM STOCKS MAKE HUGE COMEBACK: Here's What You Need To Know Business Insider 03:54PM U.S. Stocks Flip the Script, Rallying Into the Close at The Wall Street Journal 03:46PM This Near-Perfect Indicator Says Investors Should Buy Stocks
Now Minyanville 03:42PM IMF Chief: World Facing Most Economic Insecurity Since Great
Depression at The Wall
Street Journal 03:37PM What Selloff? Late-Session Move Turns Nasdaq Positive at Barrons.com 03:06PM Shorting Facebook Quickly Goes From Pricey to Cheap at The Wall Street Journal 03:03PM InPlay: Minor upside
extension -- Dow -99, S&P -8, Nasdaq Comp -15 Briefing.com 02:44PM InPlay: Stock indices
extend to new intraday bounce highs -- Dow -108, S&P -9.7, Nasdaq Comp -17
Briefing.com 02:39PM Nasdaq: Delaying Facebook IPO Would've Been Better at The Wall Street Journal 02:24PM Fed's Kocherlakota: Economy Closer to Maximum Employment Than
Data Suggest at The
Wall Street Journal 02:22PM Shorting Facebook Is a Pricey Proposition, For Now at The Wall Street Journal 01:32PM 3 Reasons Why the Bear Market is Back ETFguide 12:46PM Did the Market Dodge a Bull-et? at The Wall Street Journal 12:37PM Investors Help Lift Home Demand, But Not Prices at The Wall Street Journal 12:20PM Has Europe Reached the Endgame? at The Wall Street Journal 12:06PM Index, ETF option volumes near midday optionMONSTER 12:05PM InPlay: New session lows
for stock indices -- Dow -183, S&P -19, Nasdaq Comp -42 Briefing.com 11:58AM Facebook Shares Finally Get 'Liked' at The Wall Street Journal 11:48AM Index, ETF option volumes near midday optionMONSTER 11:31AM Euro Tumbles as Europe Unravels at The Wall Street Journal 11:21AM Euro Tumbles as Europe Unravels at The Wall Street Journal 11:10AM InPlay: Morning downside
extension pauses -- Dow -147, S&P -14, Nasdaq Comp -29 Briefing.com 11:06AM Fed Releases Video on Foreclosure Reviews at The Wall Street Journal 10:51AM Secondary Sources: Germany on Greece, Deficit Promises, All You
Can Eat at The Wall
Street Journal 10:37AM Home Sales Rise, Stocks Don't Care at The Wall Street Journal 10:11AM InPlay: Stock indices
push to new high after data but give back gains -- Dow -88, S&P -8, Nasdaq
Comp -15 Briefing.com 09:59AM Facebook IPO Aftermath: Analysts Not So Hot On Nasdaq at The Wall Street Journal 09:39AM InPlay: Weak start for
stock indices modestly extended -- Dow -83, S&P -8.7, Nasdaq Comp -26 Briefing.com 09:35AM The S&P 500 Takes Aim at 1250 at Minyanville 09:25AM SPDR S&P 500 ETF and BlackRock Among Most Active Stocks in
Pre-Market Today on the NYSE at Minyanville
09:24AM Stocks to Watch: Dell, RailAmerica, PetSmart at The Wall Street Journal 09:16AM Morning Links: Facebook Shows Lack of Trust On Wall Street at The Wall Street Journal 09:12AM In Europe, Time for Plan B, Only There's No Plan, and No Time
at The Wall Street Journal 09:10AM Pre-Market Primer: European Leaders Mull Eurobonds While
Specter of 'Grexit' Looms at
Minyanville 08:43AM Morning MarketBeat: Europe Rocks Stocks, Again at The Wall Street Journal 08:33AM Vital Signs: Jump in Home Sales at The Wall Street Journal 08:07AM Morning MarketBeat: Europe Rocks Stocks, Again at The Wall Street Journal 07:45AM [video] Europe Squashes Oversold Bounce at TheStreet 07:26AM Morning MarketBeat: Europe Rocks Stocks, Again at The Wall Street Journal
Doha
Bank Chief Confirms New World Order Is Being Built at the Highest Levels
Infowars.com | Top
banker reveals that financial regulation is being tailored to support the UN’s
Millennium Development Goals.
How
Facebook could destroy the U.S. economy
Paul B. Farrell | We
watched the same kind of buildup to the 2008 crash.
Wall
Street Bankers Secretly Scammed Facebook IPO Buyers
Alexander Higgins |
Facebook: Muppet for the masses.
War-Gaming
Greek Euro Exit Shows Hazards In 46-Hour Weekend
Bloomberg | Greece
may have only a 46-hour window of opportunity should it need to plot a route
out of the euro.
Meme Alert: GOLD $3,000
Business Insider | But we’ve
heard at least four big names talk about gold heading to $3,000.
Greek
Euro Exit Being Considered: Former PM Papademos
Reuters | Greece’s financial stability fund
approved an 18 billion euro ($23 billion) injection of capital.
Obama’s
war on coal hits your electric bill
Fox News | Obama’s War on Coal has already taken
a remarkable toll on coal-fired power plants in America.
Facebook and banks face lawsuit
HP laying off 27,000 workers in restructuring
HP to lay off about 27,000, profit slides 31 percent
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. ]
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 Hawaii,
so there's a lot of opportunity to goof off because the weather is really good
all the time …"You know, I made some bad decisions …. You know, got into
drinking and experimenting with drugs. There was a whole stretch of time where
I didn't apply myself. It wasn't until I got out of … high school, and went to
college that I started realizing, man, I wasted a lot of time.”The New York Times, however, went out of its
way to find Obama’s classmates to testify that drugs played only a “bit
part” in Obama’s youth. Yet Obama would later brag on the campaign trail
that he “inhaled frequently … that was the point.”During his high school years,
Obama hung out with communist radical Frank Marshall Davis; in 2007, the Los Angeles Times reported that during
his high school days, “he felt the first stirrings of anger toward whites. He
says he also delved into black nationalism.” He was “offended or even enraged
when white classmates adopted black street slang or revealed their underlying
consciousness of his race by going out of their way to tell him how much they
admired a black musician or athlete.” This activity is certainly more
reflective of Obama’s ideological history than Mitt Romney’s pranks on teachers
and fellow students. And as for the drug use – well, that seems just a bit more
serious than walking a teacher into a door or cutting a student’s hair. But
leave it to the Post to ignore
or downplay all of that in favor of continuing stories about Romney’s dog, his
high school hijinks, and whatever other nonsense they can use to protect
President Obama from his own incompetence.’ Ben Shapiro is Breitbart News Editor-at-Large. Follow him on
twitter @benshapiro.
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.
Washington Post Disgraces Itself By Targeting Romney's
'Anti-Gay' High School Pranks by Ben Shapiro { It is true! The once
great now failed newspaper, the washington post, is an absolute disgrace! But a shadow of its former self, the
post is biased presumably owing to shared
desperation with the failed president wobama in return for access. So egregious
had the bias become wherein ‘sensitive’ commentary antithetical to wobama and
his, seldom seemed to work/post properly; and, then of course, the post’s pro-wobama perpetual
darkness-induced blind ‘constituency’. I stopped posting there and have not visited their site since nor will I ever again. A
rather pathetic swansong /
end /
wind-down /
final chapter for what was once a great newspaper for which I had the utmost regard and respect! }
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
California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm
Postal Service loses $3.2b in first
quarter...
78% of California 8th graders fail
national science test...
_______________________________________
{ some prior links of current
interest }