Business Summary Links By Day
Kicking
The Can Down The Road http://albertpeia.com/kicksinthecandowntheroad.htm ‘Has Europe finally been saved this time? Has
this latest "breakthrough" solved the European debt crisis? Of
course not, and you should know better by now. European leaders have held
18 summits since the beginning of the debt crisis. After most of the
preceding summits, global financial markets responded with joy because European
leaders had reached "a deal" which would supposedly solve the
crisis. But a few weeks after each summit it would become clear that
nothing had been solved and that the financial crisis had actually gotten even
worse than before. How many times do they expect us to fall for the same
sorry routine? Nothing in Europe has
been solved. You can't solve a debt problem with more debt.
European leaders are just kicking the can down the road…’ ,
12
Incredible Obamacare Quotes That Show That Our Wretched Healthcare System Is
Headed Directly Into The Toilet http://albertpeia.com/americanhealthcaretoilet.htm ‘You
might as well stick a fork in the U.S. healthcare system because it is
finished. Even before Obamacare, Americans paid
far more for healthcare than anyone else in the world. Now thanks to Obamacare we will be faced with much higher health
insurance premiums, much higher taxes, much longer waits to see doctors and
more government bureaucrats involved in our lives than ever before. As I
have written about previously, the U.S. healthcare industry is a horrible mess, and now Obamacare
is going to take the entire system directly into the toilet. All over
America today, families are going broke because of outrageous health insurance
costs and suffocating medical debt, doctors are going broke and leaving the profession
because they can't make a living, and sick people are dying because they cannot
get the care that they need. So what solution does Obama give us? A
nearly 3,000 page monstrosity that will destroy what is left of our crumbling
healthcare system and that will unleash 16,000 new IRS agents to hunt down the
millions of Americans that do not currently have health insurance. For
those that love Big Brother socialist totalitarianism, Obamacare
is a dream come true. For the rest of us it is a total nightmare. , If
One Storm Can Turn D.C. Dark For Several Days, What Would A Massive EMP Burst
Do? http://albertpeia.com/empburst.htm , Asian shares inch up as weak factory data boost Fed hopes { What’s wrong with this headline? Answer: The
fact is that the so-called ‘fed hopes’ have failed and put the real economy on
the ropes! } , On The USD's
(usdollar’s) Demise
ZeroHedge.com Tyler Durden Last week the
BEA published it preliminary take on the international investment position
(IIP) of the country. As Citi's FX team note, the IIP
measures foreign investment assets minus native assets owned by foreigners. In
the US, the IIP has been
negative (meaning the US
is a debtor nation) since 1985. The US’s IIP deficit reached USD
4.03trn in 2012, up sharply from 2.47trn in 2011. As a share of nominal GDP, the IIP deficit reached a
record (for the US)
of -27%. Commonly accepted wisdom based on a combination
of models and experience is that an IIP
bigger than +30% of GDP or smaller than -30% is a problem. On the IIP surplus side, having too big of a net creditor position
leads to a perennially strengthening currency that chokes out industry and
stokes deflation (think JPY). On the IIP deficit side, having too big of
a net debtor position leads to a debt spiral. High debt leads to reluctant
external creditors charging ever high interest rates, which leads to economic
stagnation and ultimately crisis. The
US may not be able to run another dozen years of 3-6% current account deficits
without starting to look like a ponzi scheme
- but while risk aversion flows (and rates) suggest there is little to worry
about, we
have noted again and again the moves behind the scenes in global trade flows to
shift away from the world's current numeraire. , The
Dark (Pool) Truth About What Really Goes On In The Stock Market: Part 2 ‘…researched what was going wrong at Trading
Machines. The document was a detailed blueprint of a high-frequency method that
was said to be popular in Chicago’s
trading circles. It was called the “0+ Scalping Strategy.”…’ , The
MK2 Grenade: Mike Krieger And Max Keiser Take On The World Of Financial Crime
,
Unsealed
Documents Expose Morgan Stanley Forcing Rating Agencies To Inflate Ratings , Guest
Post: The Great LIBOR Bank Heist of 2008? , Joe
Saluzzi: HFT Parasites Are Killing The Market Host , The
Dark (Pool) Truth About What Really Goes On In The Stock Market: Part 3 , Global
Growth Outlook Weakens Three weeks
ago we noted that Goldman Sach's Global Leading
Indicator (GLI) and its Swirlogram had entered a
rather worrying contraction phase. Today's update to the June GLI data suggests
things got worse and not better as momentum is now also dropping as well as the
absolute level. This continued deterioration in momentum suggests further
softening in the global cyclical picture. Of particular concern is the broad-based deterioration in the GLI’s
constituent components in June. Nine of ten components weakened last month,
only the second time this has occurred since the depths of the recession in
2008Q4. The June Final GLI confirms the pronounced weakening in global
activity in recent months. Goldman has found elsewhere (as
we noted here) that this stage of the
cycle, when momentum is negative and decelerating, is typically accompanied by
deteriorating data and market weakness. , Big
Banks Have Criminally Conspired Since 2005 to Rig $800 Trillion Dollar Market
Posted by : George Washington Post date: 07/01/2012 - 21:40… But Receive Only a Light Slap on the
Wrist , 77%
of JP Morgan’s Net Income Comes from Government Subsidies Posted by:
George Washington Post date: 07/01/2012 - 15:44 JP
Morgan Sucks at the Government Teat
, Sorry
Folks, Spain Isn’t “Saved” And The Next Leg Down is Coming Soon / The Exact Moment Greece
Will Leave the Euro gpc1981
http://albertpeia.com/greeceyspainpain.htm , Chief
Justice John Roberts Bowed To Political Pressure And Changed His Vote On
Obamacare http://albertpeia.com/nolegalsystem.htm { The unfortunate reality is what I’ve
alluded to in the context of my own direct experience; viz., america’s ‘legal system’ is an illegal system used to
cover-up crimes, arbitrarily enforce laws to apply pressure, etc., and
essentially run by the inmates of this collective criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm } , Houston,
We Have Contraction , China's
Landing Getting Harder As Stimulus Fails To Prime Pump , As
US Closes June With $15,856,367,214,324.44 In Federal Debt, US Debt/GDP Hits
Post WWII High Of 101.5%
Murdoch Dissatisfied With
"Weak" Romney, Allies Say
http://albertpeia.com/senilepenalmurdoch.htm { Yeah; murdoch prefers the ‘tougher’ gay choom gang banger wobama alternative. More cream pies in his face cries the
senile old media meister. Yeah; the majority of the
electorate think just like billionaire murdoch.
Let’s not kid ourselves…murdoch’s
totally gone…even the wisdom of his company’s breakup/split into two companies
is being seriously questioned. …’ Murdoch
wrote on Twitter. "Tough O Chicago
pols ( Aah!
Riiiiight! Just want the country needs; crime,
corruption, cook county politics, capone/chicago
style , hudson county/jersey city/newark,n.j.
style, etc.; … Even LA’s substantially better than
that; and, make no mistake, as ‘wobama country’ LA’s pretty bad, etc.) …will be hard to beat unless he
drops old friends from team and hires some real pros’… First reality: He could
hire some real pros without dropping old friends…In the final analysis, even americans will
prove smart enough and not sufficiently self-destructive enough and as such,
will not embrace proven failure with more proven failure. People must realize
the magnitude of wobama’s failure and the
unaffordable, insurmountable expense of obfuscation: ‘…those
who put their trust in proven failure wobama, all
they have to show for such misplaced trust are broken campaign promises, now
insurmountable record deficit spending exceeding all the presidents since
Eisenhower combined to obfuscate what clearly has been wobama’s
unequivocal failure...’ ( The
Real Obama Budget Deficit For 2011: 5 Trillion Dollars http://albertpeia.com/2011realobamabudgetdeficit5trillion.htm
(Related: 34
Shocking Facts About U.S. Debt That Should Set America On Fire With Anger http://albertpeia.com/34shockingfactsofusdebt.htm ) America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … )
POLL: Obama drops 8 points
with whites...
... 13-point plunge among
young voters
Obama Asks People Getting
Married To Forgo Gifts...
Donate To His
Campaign Instead... [ Wobama
is so pathetic! Sure, sacrifice for the grifter wobamas so they can continue livin’
large on the taxpayer dime while accomplishing nothing except greater public
debt to hide his failure. This from the record holder for
fundraisers, 151 and counting. Then there’s the 100 plus rounds of golf
in addition to being famously over-vacationed while in office. It’s laughable
to hear him blame congress for his lack of accomplishments when the reality is
that he ‘really wasn’t there’ for any of it. For wobama
the presidency is just endless debate, rhetoric, campaigning, vacationing, soundbites from the teleprompted
speeches, jive-talk, b***s***, and ‘choom fantasy’. He’s a total fraud and
failure and anyone who buys into election-year desperation / promises, etc., is
just a fool of the worst kind! AP: ‘…THE FACTS: Five Senate
Democrats voted against sending the DREAM Act to the Senate floor for full
consideration. The bill would have created a path to citizenship for many young
illegal immigrants brought to the United States as children. Last
week, Obama announced plans to stop deporting illegal immigrants who would have
qualified for the DREAM Act. The policy change does not include a path to
citizenship…’ Then
there’s the other meretricious ‘wobama desperation
hail mary’ that once again falls short. Indeed, as an
investor, one analyzes earnings, projects prospective earnings over a 3-5 year
horizon, and the quality of the earnings along macro economic factors which are
affected by ‘political considerations’. Does anyone remember the honorable Ross
Perot who warned of NAFTA’s effect on american jobs even as the democrat
administration et als were hell-bent on passing same?
Should Romney have breached his legal duty to shareholders and invested in
companies with poor earnings prospects? After all, in the financial / security
analysis step of projecting the income statement, prospective labor costs
figure prominently in the bottomline. In sum, Romney
took conditions as he found them, and made the prudent choices which as per his
legal duty were optimal for those who put their trust in him. For those who put
their trust in proven failure wobama, all they have
to show for such misplaced trust are broken campaign promises, now
insurmountable record deficit spending exceeding all the presidents since
Eisenhower combined to obfuscate what clearly has been wobama’s
unequivocal failure. ]
Will accept your birthday or
anniversary gifts, too...
[ I’d
say rupee is full of poopee and a bit mixed up and
‘all over the place’ in his (senile) ‘thought process’ as he seeks to cover all
bases! Murdoch paper endorses McCain
| Media | guardian.co.uk
www.guardian.co.uk ›
Sep 9, 2008 – Rupert Murdoch
may have told his biographer that he favoured Barack
Obama rather than Hillary Clinton because he'll sell more papers but ...
www.huffingtonpost.com/.../new-york-post-endorses-mc_n_124730....
Sep 8, 2008 – Back in
May, NewsCorp CEO Rupert Murdoch
admitted that he had "played a role" in the decision of the New York Post (which he
owns) to ...
finance.yahoo.com/.../Barack-Obama’s-Unlikely-Supporter-Rupert-'F...
May 29, 2008 – Murdoch's
not-quite-but-almost endorsement of Barack
Obama for ... Murdoch
added that after a long career in the Senate, McCain
had been ..., etc…
] }
CHICAGOLAND: 7-Year-Old Girl
Gunned Down While Selling Lemonade Outside Home... { An all too familiar sight in crime/corruption ridden wobama-land-chicago! }
MCCONNELL: 'Sold to American
people on a deception'...
CURL: Gift to Romney... { This
may seem somewhat counterintuitive and a bit of a rationalization; but, it is
absolutely true. So true in fact, that wobama will
come to be compared to Pyrrhus of Ephyrus (W. Greece)
since realization of what this legislation won’t do for americans
and the economy and what it actually does will not have the galvanizing effect
that striking the bill down would have had on voters who were thinking ‘another
free lunch from the government’ will save them (we all now know better, no such
thing). Yes, in somewhat European tradition, defacto
bankrupt america
is keeping up with the (ie., rating agencies Egan) Joneses. After all, we all know how
well this European program model is working out for Europe
(and any other nation that’s tried it). In the final analysis, this and such
programs as the contraindicated bailouts for the unprosecuted frauds on wall
street, etc., will prove to be the ‘camel-back breaking’ moment for america; and, a pyrrhic victory for the egregiously failed
president wobama.
America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion’ … }
HISTORIC: HOUSE VOTES HOLDER
IN CONTEMPT...
DEM HOODIED BLACKS PLUS WALK
OFF FLOOR...
{ In sum, to conclude,
though comfortably familiar to aussie murdoch, himself the product of penal colony progeny in
what has now tantamount to a global penal colony with inmates running the
institution/asylum, rupee the poopee is less
comfortable with fact/reality of his global irrelevance. Moreover, the inmates
who neither see nor hear are not children of a lesser God; but rather, children
of a lesser world. Lamentably for some as he, God has not nor ever will abolish
capital punishment with time of the essence. From a pragmatic and least
self-destructive perspective, realize that give enough rope to blacks, they
won’t hang themselves, they will hang you. That’s just the way they are and
wishing and hoping won’t change that predisposition. Quite simply, the blacks
are laughing at the foolish whites among other ‘rainbow’ colors:
Pelosi botches name of slain
border agent...
Adult Chimpanzee Fatally
Mauls Baby Chimp at LA Zoo...
ZIMMERMAN PASSED POLICE LIE
DETECTOR...
REPORT...
Syringes litter NYC beach...
ZOMBIE: Man who took
synthetic drug strangles dog, starts eating it...
POLL: Obama drops 8 points
with whites...
... 13-point plunge among
young voters
VIDEO: Obama Trips At Campaign Event In Tampa...
ZOMBIE: Naked man bites off
chunk of arm...
PAPER: Obama's grandfather
tortured by the British? A fantasy (like most of the President's own memoir)...
{ http://albertpeia.com/wobamaschoomgangfantasy.htm }
04:00PM STOCKS GO NOWHERE AFTER A TON OF ECONOMIC NEWS: Here's What You
Need To Know Business Insider
03:26PM Here's Why UBS Just Slashed Its Year-End S&P 500 Target By
100 Points Business Insider
02:53PM InPlay: Stock indices edge just above narrow intraday range
highs -- Dow -39, S&P -1.2, Nasdaq Comp +4 Briefing.com
12:03PM July Is Usually Awful For Stocks But This Year Looks Different
at Forbes 11:47AM Index, ETF option volumes near midday optionMONSTER 11:47AM The Five Best ETFs over the Past Five
Years Zacks
11:45AM The Five Best ETFs over the Past Five
Years Zacks
11:41AM The Five Best ETFs over the Past Five
Years Zacks
11:40AM Index, ETF option volumes near midday optionMONSTER 11:35AM Index, ETF option volumes near midday optionMONSTER 11:16AM InPlay:
Fractional new session low for Dow -78 and S&P -5.7, Nasdaq
Comp -5.9 still hovering above its morning low Briefing.com
10:41AM Wall Street's Monday Lunch Options Optionetics 10:25AM The Italian Job at Minyanville
10:01AM InPlay: Stock indices pull back after weaker data -- Dow
-44, S&P -2.5, Nasdaq Comp -2.4 Briefing.com
09:44AM InPlay: Minor upticks after mixed start for stock indices
-- Dow +9 S&P +2.3, Nasdaq Comp +6.8 Briefing.com
09:31AM Get Defensive Before Friday's Employment Report at
Forbes 09:17AM SPDR S&P 500 ETF and Bank of America Most Active Stocks in
Pre-Market Today on the NYSE at Minyanville
09:15AM SPDR S&P 500 ETF and Bank of America Most Active Stocks in
Pre-Market Today on the NYSE at Minyanville
09:10AM SPDR S&P 500 ETF and Bank of America Most Active Stocks in
Pre-Market Today on the NYSE at Minyanville
09:05AM Pre-Market Primer: Futures Down Slightly Ahead of ISM Index,
Construction Spending at Minyanville
08:47AM CITI: There's A 97% Chance That Stocks Are Going To Shoot
Higher Business Insider
08:35AM Bulls and Bears Prepare to Face Second Half 2012 Volatility
at Wall St. Cheat Sheet 08:30AM Was Friday's Big Rally the Start of Something Bullish, or Just
a Flash in the Pan? at
Minyanville 08:27AM [video] Third Quarter Starts on a Positive Note at
TheStreet 07:34AM
07:25AM 10 Things You Need To Know Before The Opening Bell Business
Insider
The Monopoly Men
Infowars.com | Alex
discusses the progressively deteriorating global economy and review evidence
that indicates the world is in the grasp of criminal banks.
Barclays
Scandal Forces Out Chairman Marcus Agius
Guardian.co.uk |
Resignation is a move intended to take some of the pressure off the bank’s
chief executive.
German
Parliament Approves EU Bailout Fund
Reuters | Merkel:
“We stand behind the Euro. We want it as our stable currency.”
Bank set to pump
£75bn into economy
London Independent | Monetary Policy Committee expected to
agree another round of quantitative easing.
Ron
Paul Chairs Hearing on Fractional Reserve Banking
Prisonplanet.com | This hearing, entitled “Fractional Reserve Banking and the
Federal Reserve: The Economic Consequences of High-Powered Money,” was held on
Thursday, June 28.
Big
Banks Have Criminally Conspired Since 2005 to Rig $800 Trillion Dollar Market
Press Association | But
Receive Only a Light Slap on the Wrist.
77%
of JP Morgan’s Net Income Comes from Government Subsidies
Washington’s Blog | JP Morgan
Sucks at the Government Teat.
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
PAPER:
Obama's grandfather tortured by the British? A fantasy (like most of the
President's own memoir)... { http://albertpeia.com/wobamaschoomgangfantasy.htm }
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 }
