Business Summary Links By Day

 

 

Dave’s Daily: http://www.etfdigest.com  MARKETS RALLY ON LIGHT VOLUME 6-8-12 ‘Markets started the day off weakly then rallied late because…wait for it, Spain is rumored to be willing to ask for help, and Obama said European leaders face an “urgent need to act”. No, you can’t make this kind of stuff up. His statement is about as effective as a Kofi Annan Syrian peace plan. Search as I may, there seems to be little hard news to explain Friday’s rally…’  ,  The U.S. Economy By The Numbers: 70 Facts That Barack Obama Does Not Want You To See  http://albertpeia.com/70badfactsaboutuseconomy.htm   ,   Hollywood trip marks Obama's 150th fundraiser    President Obama Vacations. [VIDEO] | Most Watched Today | The ... http://www.mostwatchedtoday.com/president-obama-vacations   It seems like every week president Barack Obama is on another vacation or playing games. When does he plan to start fixing things here in the United States?  { Between fundraisers and vacations, did he expect the nation to miraculously mend itself? Did he forget all his campaign promises? (Short answer: yes – longer answer: that was just part of his con / grift). The audacity in light of the foregoing for him in this election year to blame everyone else for his b***s***/unequivocally failed tenure as president. Note the last minute election-year desperation of wobama finger-pointing, etc.. Then there’s moochell obama… ‘Expensive massages, top shelf vodka and five-star hotels: First Lady accused of spending $10m in public money on her vacations’  By Daily Mail Reporter  Read more: http://www.dailymail.co.uk/news/article-2029615/Michelle-Obama-accused-spending-10m-public-money-vacations.html#ixzz1xGRC32Vk  ( What grifters/cons the wobamas are! They should be ridden out on a rail! ) }   http://albertpeia.com/heavilyvacationedatgreatcosttonation.htm   ,  Biderman: "We Are In The First Quarter Of The Next Recession"  ,  Friday Dump Complete: Moody's Warns Of Spanish Downgrade, Threatens AAA-Countries In Case Of Grexit  ,  And Promptly Coming Right After The Market Close...  ... is the news (which is not news, because as we had explicitly stated early this morning, Spain admitting it needs a bailout absent a new bailout plan in place, launches the country's bond yields into hyperspace) that had it hit 30 minute ago would have sent everything red for the day: *Spain Resisting Conditions On Bank Bailout - EU Official.   But why would this news, coming at nearly 11pm Spanish tim, have to come before the market close, when all of the day's gains would have been undone. Why indeed.  ,  In a strange coincidence, President Obama, as reported by Bloomberg, just followed Mario Monti's new normal and 'came clean' about the real state of the economy, following his earlier snafu: *OBAMA SAYS `ABSOLUTELY CLEAR' ECONOMY NOT FINE, AP SAYS  *AP SAYS OBAMA SEEKS TO CLARIFY PRIVATE SECTOR REMARKS  The President went on to say that he knows the economy "needs to be strengthened" while clinging to his basic belief that there has been some momentum. Is 'truth' the new 'lie'? Or did hope and change just change on less hope?   ,  Monti Goes M.A.D.; Sees "Permanent Risk Of Contagion In Euro-Zone"  ,  Guest Post: Presenting the CBO's 'Long-Term Outlook' Infographic  When you hear two politicians in the US going toe to toe arguing about public finances (i.e. money that isn’t theirs), they’ll often cite numbers published by the Congressional Budget Office (CBO). In political circles, the CBO is considered an honest broker - an objective referee that simply presents the facts without taking a position on the numbers. Today they’ve released an infographic showing America’s debt to GDP ratio over the last 100-years, through World War I, the Great Depression, World War II, the Nixon Gold shock, and the Global Financial Crisis. For what it’s worth, both of the CBO’s scenarios for future debt growth seem absurd  underpinned by an even larger assumption– that the status quo is maintained, i.e. the United States remains the world’s most powerful economic force, can print currency at will without consequence, and can inspire foreigners to buy Treasuries. Rather than relying on some bureaucrat, though, history is really the best indicator for what will happen in the future. It may not repeat, but it’ll certainly rhyme. And history shows that the long-term likelihood is financial repression, severe inflation, and/or default.  ,  Brodsky On "Gold Monetization And The Big Reset"  ,  JPM Tries To Explain Why The Bailout Train In Spain Will Lead To Much More Pain  ,  A Game Of Euro Chicken From The German Perspective: "Playing Until the Germans Lose Their Nerve"  "The next stage in the crisis will be blatant blackmail.... With their refusal to accept money from the bailout fund to recapitalize their banks, the Spanish are not far from causing the entire system to explode. They clearly figure that the Germans will lose their nerve and agree to rehabilitate their banks for them without demanding any guarantee in return that things will take a lasting turn for the better."  ,  Market Is More Fragile Now Than Pre-Lehman  The significant rise in global systemic risk that occurred in 2008 remained until mid 2010 when it began to subside a little as Jackson Hole and QE2 seemed to allay fears somewhat. However, in the last year or so, BofA's market fragility index has soared higher alarmingly signaling higher systemic risks than in the peak pre-Lehman era. This confirms the massively elevated signal for global systemic risk that credit markets are also sending.

 

08-Jun-12 11:05PM  Does Hope Float the Market? at Wall St. Cheat Sheet 10:26PM   Contrarian Question: Are Things Bad Enough for Stocks to Rally Further? ETFguide 05:50PM   Next Week's Tape: Waiting, Hoping, Praying for a Spanish Deal at The Wall Street Journal 05:05PM  Train Reading: Berlin's 1930s Lessons at The Wall Street Journal 04:58PM  [video] Coming Week Could Spur More Stimulus Hopes at TheStreet 04:45PM  June 8, 2012 Market Summary at Investopedia 04:40PM  June 8, 2012 Market Summary at Investopedia 04:40PM  Minyanville's T3 Weekly Recap: How to Approach the Market Until Headlines Clear Up at Minyanville 04:35PM  June 8, 2012 Market Summary at Investopedia 04:32PM  S&P 500 Performance After Highly Volatile Periods? Wyatt Investment Research 04:18PM   ETFs Rally On Robust Wholesale Inventory Data at Investor's Business Daily 04:00PM  STOCKS RALLY, BEST WEEK OF 2012: Here's What You Need To Know Business Insider 03:58PM  ETFs Rally On Robust Wholesale Inventory Data at Investor's Business Daily 03:52PM  IPO Drought Continues After Facebook Debacle at The Wall Street Journal 03:45PM  Obama, Europe and the Economy at The Wall Street Journal 03:36PM  I'll Have Another Did the Stock Market a Favor at The Wall Street Journal 03:25PM  Facebook Isn't Part of the Mayan Doomsday Scenario, Either at The Wall Street Journal 03:14PM  InPlay: Fresh session high for Nasdaq Comp +25, S&P +91. and Dow +79 are hovering just under this afternoon/session highs Briefing.com 02:56PM  Facebook Taint Obscures a Real Opportunity, Fund Manager Says at The Wall Street Journal 02:55PM  Buzz on the Street: Market Survives on a Wing and a Prayer at Minyanville 01:55PM   Contrarian Question: Are Things Bad Enough for Stocks to Rally Further? ETFguide 01:05PM  InPlay: Nasdaq Comp +17 joins Dow +65 and S&P +7 at new session highs Briefing.com 12:56PM  Stocks Hit Session Highs Following Obama's Comments at The Wall Street Journal 12:42PM  Fed Shocks Small Banks With Basel Proposal, 2000 Banks Could Disappear at Forbes 12:42PM  Fed Shocks Small Banks With Basel Proposal, 2,000 Banks Could Disappear at Forbes 12:38PM  Stocks Edge Higher Following Obama's Comments at The Wall Street Journal 12:35PM  InPlay: Fresh session highs in midday trade for indices -- Dow +50, S&P +5, Nasdaq Comp +16 Briefing.com 11:59AM   Index, ETF option volumes near midday optionMONSTER 11:15AM  Index, ETF option volumes near midday optionMONSTER 11:11AM  Index, ETF option volumes near midday optionMONSTER 11:11AM   InPlay: Stock indices extend bounce -- Dow +17, S&P +1.4, Nasdaq Comp +10 Briefing.com 10:39AM  President Obama Set to Discuss Europe, Economy at The Wall Street Journal 10:38AM  InPlay: Stock indices edge to new morning recovery highs -- Dow -3.8, S&P -0.8, Nasdaq Comp +5.8 Briefing.com 10:31AM   Malaysias Growth Fueled by Islamic Bonds at Motley Fool 09:53AM  InPlay: S&P -6.2 and Nasdaq Comp -13 pull back to first level support -- Dow -44 Briefing.com 09:30AM  SPDR S&P 500 ETF and Bank of America Most Active Stocks in Pre-Market Today on the NYSE at Minyanville 09:30AM  SPDR S&P 500 ETF and Bank of America Most Active Stocks in Pre-Market Today on the NYSE at Minyanville 09:20AM  SPDR S&P 500 ETF and Bank of America Most Active Stocks in Pre-Market Today on the NYSE at Minyanville 09:19AM  Heres Why Markets Were Mixed Yesterday at Wall St. Cheat Sheet 09:00AM  Pre-Market Primer: Spain Will Seek European Help This Weekend at Minyanville 08:59AM   Getting Defensive: Investors Pull Weekly $8B From Funds, Lipper Says at Barrons.com 08:42AM   SPX Update: Is This Rally on Its Last Leg or Its First? at Minyanville 08:38AM  Despite Wednesday's Rally, The News Out Of Europe Is Getting Worse at Seeking Alpha 08:23AM  Did Bernanke Blow A Good Opportunity to Boost Market Spirits? at Wall St. Cheat Sheet 07:29AM   10 Things You Need To Know Before The Opening Bell Business Insider

 

 

 

The People Awaken to Financial Terrorism: Infowars Exclusive

Infowars.com | This is an overview in the Financial Terrorism conference held in the UK this past weekend.



The U.S. Economy By The Numbers: 70 Facts That Barack Obama Does Not Want You To See

The Economic Collapse | Why is the economy going to collapse? Have you ever been asked that question? If so, what did you say?



As Greenback Sinks, Dubai’s Chief Economist Calls For Chinese ‘Redback

A.M. Freyed | The elites continue to pursue replacements for the dollar.

 

Euro Madness: Made in US?

RT | Max Keiser and co-host, Stacy Herbert, discuss ‘wash trades,’ debt crises and the speculation on JP Morgan’s growing debt problem in London.


Market Is More Fragile Now Than Pre-Lehman

Zero Hedge | The significant rise in global systemic risk that occurred in 2008 remained until mid 2010 when it began to subside a little as Jackson Hole and QE2 seemed to allay fears somewhat.



Hitler Is Long The USD, Gets A Margin Call

Zero Hedge | It’s been a while since we had a close encounter with Hitler and specifically his trading prowess.

 

U.N. could tax U.S.-based Web sites, leaked docs show

CNet News | The United Nations is considering a new Internet tax targeting the largest Web content providers.  Drudgereport: REPORT: UN to take up 'global Internet tax' proposal … [ It is unfathomable that anyone takes such a failed organization as the u.n. seriously; they’re a costly, extravagant, waste of money! Any costs so leveyed should be deducted from dues foolishly and wastefully paid to the u.n.. Time to abolish the u.n.! ] ...   {  The UN Wants Complete Control Over The Internet And That Would Mean Unprecedented Censorship, Taxes And Surveillance  http://albertpeia.com/unwantscontrolofinternetforcensorshiptaxessurveillance.htm   }

 

End of Peak Oil: 200-Year Supply Of Oil In One Single Shale Formation

A.M. Freyed | There’s plenty of oil, and even the global elites can’t hide it anymore.  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.  ]

 

 

 

AP Business Highlights 

...Yahoo Market Update…

Metal News for the Day

 

 

 

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. ]

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
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.htmPostal Service loses $3.2b in first quarter...78% of California 8th graders fail national science test...

 

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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 , Soylent Pepsi is People  http://albertpeia.com/soylentpepsi.htm  Infowars.com | Ground up dead baby fetuses… just business as usual. {  Well, let’s not kid ourselves; there’s likely canabalism in wobama’s line! How totally disgusting. I’ll never drink pepsi ever again! } New Obama Executive Order Pushes Us Closer To A North American Union And A One World Economic Systemhttp://albertpeia.com/wobamaexecorderforoneworldgovernment.htm { The truly astounding thing here is that without exception, these respective nations, from largest to smallest, can’t even manage themselves, their own nations properly, efficiently; and then there’s the inevitable corruption, ‘bigger and better?’. Come on! More obfuscation! In a world such as this, human nature being what it is, ‘bigger is definitely not better’! They’re pushing on a string! Time for accountability! Time to pay the piper! Additionally, people must come to grips with the reality that wobama hasn’t the slightest idea what he’s doing; hence, the over-vacationed teleprompter reader whose ‘handlers’ have literally taken over policy, with some ‘slick’ maneuvering to try and repackage him; ultimately to no avail inasmuch as his disastrous results at home and abroad speak volumes. If only he had done what he said he was going to do last campaign, this nation and the world would have been in a better position today! } , Military Winning War Over Pensions Bruce Krasting 05/02/2012 Why is the Military Retirement Fund exploding higher? http://albertpeia.com/militarypensiondebacle.htm , This Is the First Time In History that All Central Banks Have Printed Money at the Same Time … And They’re Failing Miserably Washington’s Blog | Simultaneous Global Printing Is Failing Miserably. Why New York Times Economist Paul Krugman Is Partly Right But Mostly Wrong http://albertpeia.com/nyteconomistkrugmanwrong.htm  , NBER's Martin Feldstein Bashes The Deplorable US Economy, Says Bernanke Has Engineered Another Stock Bubble Tyler Durden 5-2-12 , Hugh Hendry On Europe "You Can't Make Up How Bad It Is" ,  Biderman Makes Friends: "Bankers Are As Dumb As Politicians" , Guest Post: 3 Likely Triggers Of The Next Recession {  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…’ }   ] , Zuckerman To CNBC: "The Recession Never Ended" 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... ,