Business Summary Links By Day
Oh
Crud! 19 Reasons Why It Is Time To Start Freaking Out About
The Global Economy
http://albertpeia.com/19reasonstofreakoutaboutglobaleconomy.htm ‘Yes, it is officially time to start
freaking out about the global economy. The European financial
system is falling apart and it is going to go down hard. If Europe was going to be saved it would have happened by
now. The big money insiders have already pulled their funds from vulnerable
positions and they are ready to ride the coming chaos out. Over the next
few months the slow motion train wreck currently
unfolding in Europe will continue to play out
and things will likely really start really heating up in the fall once summer
vacations are over. Most Americans greatly underestimate how much Europe can affect the global economy. Europe
actually has a larger population than the United States does. Europe also has a significantly larger economy and a much
larger banking system… Moreover, before Obama there had never been a deficit
anywhere near $1 trillion. The highest previously was $458 billion,
or less than half a trillion, in 2008. The federal deficit for the last
budget adopted by a Republican controlled Congress was $161 billion for fiscal
year 2007. But the budget deficits for Obama’s four years were
reported in Obama’s own 2013 budget as $1.413 trillion for 2009, $1.293
trillion for 2010, $1.3 trillion for 2011, and $1.327 trillion for 2012, four
years in a row of deficits of $1.3 trillion or more, the highest in world
history. #19
Barack Obama almost seems more focused on his golf game than on the problems
the global economy is having. He just finished up playing his 100th round of golf since he
became president. (Don’t forget as well, wobama’s
record 150 fundraisers plus heavily vacationed tenure leaves little time to
accomplish anything; and, he hasn’t!)
, The
Mancession: 16 Signs That This Economic Decline Is Sucking The Life Out Of The
American Male http://albertpeia.com/16signseconomicdeclinesuckinglifeoutofamericanmale.htm , Your
EBT Card Has Been Denied... At The Spearmint Rhino ZeroHedge.com
Tyler Durden 6-19-12 America's welfare state is about to suffer a
double whammy of epic proportions. On one hand, extended unemployment benefits
are now running out at a pace of 100,000+ per week, as more
and more American's lose eligibility for Komrade Samov's 99-week sponsored vacation, meaning millions of
Americans heretofore sitting comfortably on their couch playing Call of Duty
and collecting $400 a week will now start having to think for a change - never
a good thing for any regime that relies on its electorate to be docile as drunk
and fat Hindu cows. And
now this: "New York
would prohibit welfare recipients from spending their tax-funded benefits on
cigarettes, alcohol, gambling, and
strip clubs under a bill passed overwhelmingly by the state
Senate on Tuesday. "I understand that people need
food stamps," said Republican Sen. Thomas Libous,
a Broome County Republican. "What I don't
understand is why they need to go to strip clubs, buy lottery tickets, go to a 'racino' or buy
alcohol." Wait, you mean you can't spend other people's money to pay for a
lap dance? What crazy form of inhumane austerity is this.
And isn't spending taxpayer dollars at the Spearmint Rhino one of the
amendments to the post-Obama constitution? But perhaps the scariest implication
is that New Yorkers actually do spend their EBT money at the Spearmint Rhino right off the card, being ripped off
with the traditional 15% plastic surcharge instead of just paying cash. Now
that is really stupid. , Guest
Post: Who Destroyed The Middle Class? (Part 1) “Over the
last thirty years, the United
States has been taken over by an amoral
financial oligarchy, and the American dream of opportunity, education, and upward
mobility is now largely confined to the top few percent of the population.
Federal policy is increasingly dictated by the wealthy, by the financial
sector, and by powerful (though sometimes badly mismanaged) industries such as
telecommunications, health care, automobiles, and energy. These policies are
implemented and praised by these groups’ willing servants, namely the
increasingly bought-and-paid-for leadership of America’s political parties,
academia, and lobbying industry.” – Charles Ferguson , In
Case Of NEW QE, Gold To $1,900-$8,500 Says SocGen , Guest
Post: Springtime For The Military-Industrial Complex America is spending more today drone-striking
American citizens in Yemen, drone-surveilling Mexican
drug lords and “turning
our attention to the vast potential of the Asia-Pacific region“ than
she was during the cold war when a hostile
superpower had thousands of nukes pointing at her. Military
contractors have nothing to fear. Whether it is the Pacific buildup to contain
Chinese ambition, or drone strikes in the horn of Africa or Pakistan, or
the completely-failed drug war, or using the ghost of Kony
to establish a toehold in Africa to compete with China for African minerals, or
an attempted deposition of Bashar Assad or Egypt’s
new Islamist regime, or bombing Iran’s uranium-enrichment facilities, or a
conflict over mineral rights in the Arctic, or (as Paul Krugman
desires — and what the heck, it’s 2012, why not?) an alien invasion, or a
new global conflict arising out of a global economic reset, it’s springtime for
the military contractors. It’s everyone
else who should be worried. , As
Job Openings Plunge By Most Since May 2010, Beveridge
Curve Goes Berserk , Housing
Starts Post Biggest Drop Since August 2011 As Permits Rise
19-Jun-12 09:45PM Will Helicopter Ben Continue Fueling the Bulls Breakout Effort?
at Wall St.
Cheat Sheet 08:57PM Stock Rally Defies Logic Only if Your Logic is Flawed. Here's
Why Stocks are Up ETFguide
05:58PM US Equity Funds Are Seeing Big Inflows. Could This Mean the Fed
Will Step Up? at Minyanville
05:25PM Stock Rally Defies Logic Only if Your Logic is Flawed. Here's
Why Stocks are Up ETFguide
05:12PM Market Impact of Positive Euro Headlines Becoming More Fleeting
at The Wall Street Journal 04:16PM Why Farm Commodity And Greek ETFs Are
Flying at Investor's
Business Daily 03:47PM Why Farm Commodity And Greek ETFs Are
Flying at Investor's
Business Daily 03:06PM InPlay:
Stock indices tick up off afternoon pullback lows -- Dow +111, S&P +14, Nasdaq Comp +35 Briefing.com
02:49PM Best of the Blogs: Will Investors Soon Switch From Bonds to
Stocks? at Minyanville
01:19PM This Rally May Lack Longevity But Ride It While You Can at Forbes 01:15PM Stock Rally Defies Logic Only if Your Logic is Flawed. Here's
Why Stocks are Up ETFguide
12:20PM World in Crisis, G20 Sips Cocktails at Minyanville 12:02PM After Greek Elections, Sky No Longer Falling at Forbes 11:32AM Index, ETF option volumes near midday optionMONSTER 11:30AM Index, ETF option volumes near midday optionMONSTER 11:16AM InPlay:
New session highs for stock indices -- Dow +120, S&P +14, Nasdaq Comp +36 Briefing.com
10:05AM InPlay: S&P +11.2 extends up near resistance its April
range lows at 1357/1358 -- session high 1356.06 Briefing.com 09:45AM If Today's Action Above 1,335 Holds, a Move to the May Neckline
Break of 1,370 May Be in the Cards at Minyanville 09:39AM InPlay:
Nasdaq Comp +20 leading the way in early trade, tests
its 50 sma at 2917 -- session high 2916 Briefing.com 09:25AM Bank of America and Walgreens Most Active Stocks in Pre-Market
Today on the NYSE at Minyanville
09:24AM Oracle Earnings Cheat Sheet: Heres
What You Need to Know at
Wall St. Cheat Sheet 09:21AM
Bank of America and Walgreens Most Active Stocks in Pre-Market
Today on the NYSE at Minyanville
09:12AM Oracle Earnings Cheat Sheet: Investors Impressed by Performance
at Wall St. Cheat Sheet 08:55AM Pre-Market Primer: Markets Look Up Ahead of Fed Announcement as
Housing Starts Disappoint at
Minyanville
08:47AM Greece Goes from Giddy to Grrr at Wall St. Cheat Sheet 08:25AM [video] Quality Stocks Act Well In Front Of Fed at TheStreet 07:56AM [video] Quality Stocks Act Well in Front of Fed at TheStreet 07:48AM How to trade the Fed meeting at MarketWatch
JPMorgan
CEO Jamie Dimon Heckled as ‘Crook’ During Hearing
Infowars | Protesters confronted Jamie Dimon, CEO of
JPMorgan Chase and Federal Reserve board member, during a hearing, as CNN
coverage shows.
Lawrence
Summers: Avoiding a Global Catastrophe
Washington Post | Former
economic adviser, Lawrence
Summers hypes euro-zone collapse fears; pushes for
bailouts and stronger IMF.
UK
soldiers sacked days before pension date
London Telegraph | Soldiers
were sacked days before they qualified for a full pension, families of
servicemen have complained.
Millions
will see pensions slashed by up to 20% as new EU rules are set to send
annuities plummeting
UK Daily Mail | Millions of people could see the
value of their pensions slashed by up to 20 per cent because of new EU rules.
Fed
Will Ease Monetary Policy This Week: Goldman
CNBC.com | The U.S. central bank will most
likely ease monetary policy when it meets this week as recent data point to a
worsening labor market and the crisis in Europe
intensifies, Goldman Sachs said.
Europe vows
closer union at G20 summit
Reuters | Under
pressure from financial markets and anxious world leaders, Europe
agreed on Monday to move towards a more integrated banking system.
G20
summit: Barroso blames eurozone
crisis on US banks
London Guardian | EC president says European leaders
have not come to Mexico
to receive lessons on how to handle the economy.
ECONOMIC CRISIS ARCHIVE
AP Business
Highlights
...Yahoo Market
Update…
Compendium of
Important Business / National / World News / Topics / Articles / Headlines
http://albertpeia.com/articlelinkspage3.htm
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. ]
Wobama’s Choom Gang Bangin’ { This
brief video (11 mb) is well done and worth a
watch! }
http://www.albertpeia.com/wobamaschoomgangbangin.wmv
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...
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{ some prior links of current interest }