Business Summary Links By Day

Business Summary Links By Day

Dave’s Daily: http://www.etfdigest.com BULLISH QE ALGOS 7-27-12 ‘It’s difficult to comprehend the tape sometimes, especially when you try to square it with the overall news. The bottom line is bulls have placed their bets that the eurozone will be fixed and weaker U.S. GDP both will be met by a heavy dose of QE. Everything else doesn’t matter. Bulls don’t believe the Germans, despite Bundesbank’s comments to the contrary; will block bond buying by Draghi and the ECB. The key phrase in the linked WSJ article was, “If there is no ECB bond buying next week stocks will collapse”. { AP: What I really can’t fathom is how, why people are so eager to support the churn-and-earn paper fraud on wall street (their computers are literally selling to themselves along with the other programmed algo insanity – helping/facilitating these costly wall street frauds which have not helped but in many ways hurt the real economy – their gain is everyone else’s pain as that money in their pockets must come from some real place; viz., your pockets – there’s no free lunch). Their buying time with bs also facilitates the transfer of their ‘worthless paper hot potatoes’ to ie., taxpayers, governments, etc.. Totally pathetic! We’re way past the ‘fool me twice, shame on me’ stage! They really have to be prosecuted and put in jail where they belong. They’re just not that important and they are a substantial detriment to the real economy and society generally. They have no fear of prosecution and have continued their paper frauds where they left off last crisis, and seek once again to cash out for hard currency, metals with the greater fools holding their worthless paper bag. I used to follow the markets when value/valuation meant something. Now I track them only to discern the ever greater frauds and the ‘political connectivity’ to same. } This is followed Wednesday by the Fed which may give QE3 hints or news to confirm this late week rally. If the trend is real, the news must confirm it. So, it’s “stand and deliver” time for central banks. Neal Barofsky, the former inspector general for TARP, continues to shout from the roof-tops what a failure it was. Of course for a day like Friday his comments were ignored. The operator of the largest global hedge fund, Ray Dalio (Bridgewater) issued a serious warning to all who might listen. Bank of America analysts also have a bearish view of QE, high equity market outflows and that QE3 would not be a success. Earnings overall, especially on the revenue side, have been weak. There is no argument about this generally. Guidance by many companies has been reduced for the third quarter. GDP data in the U.S. was 1.5% down from a revised 2%. To call this a recovery is to reinvent the term. Consumer Sentiment at 72.3 is as weak as we’ve seen this year. The stunning gamble bulls made Friday was with Amazon (AMZN) where earnings and revenue missed. The company guided the third quarter to a loss but the stock soared on the belief that the company’s heavy investment in distribution will pay off for Christmas. That’s a helluva bet with the stock trading at 270 X trailing earnings. The dollar (UUP) continued to fall; gold (GLD) was modestly higher (“risk on”); bonds (IEF) were higher in yield (“risk on”); and, commodities (DBC) overall were higher. Stocks rallied sharply once again putting an exclamation point to “QE algo rally” especially after Bloomberg reported that Draghi would meet with the Bundesbank’s President Jens Weidmann to iron out their differences. Bulls must think Draghi has the upper hand. Treasury Secretary Geithner will join-in on Monday. (All the king’s horses and all the king’s men will “try” to put this together again.) Other than this, words fail me. Volume on the rally was impressive and breadth per the WSJ was positive…’ , 17 Reasons Why Those Hoping For A Recession In 2012 Just Got Their Wish http://albertpeia.com/17reasonsrecessionnow.htm ‘If you were hoping for a recession in 2012, then you are going to be very happy with the numbers you are about to see. The U.S. economy is heading downhill just in time for the 2012 election. Retail sales have fallen for three months in a row for the first time since 2008, manufacturing activity is dropping like a rock, sales of new homes are declining again, consumer confidence has moved significantly lower and a depressingly small percentage of businesses anticipate hiring more workers in the coming months. Even though the Federal Reserve has been wildly pumping money into the financial system and even though the federal government has been injecting gigantic piles of borrowed cash into the economy, we still haven't seen an economic recovery. In fact, we appear to be on the verge of yet another major downturn. In California the other night, Barack Obama told supporters that "we tried our plan — and it worked", but only those that are still drinking the Obama kool-aid would believe something so preposterous. The truth is that the U.S. economy has been steadily declining for many years and now we have reached another very painful recession…’ , In Q2 America Added $2.33 In Debt For Every $1.00 In GDP ZeroHedge.com Tyler Durden , 19 Examples Of How Control Freaks Are Killing America With Their Completely Ridiculous Regulations http://albertpeia.com/19wayscontrolfreakskillinguswithregs.htm , The Channel-Stuffed GDP Report , Guest Post: The Absurdity Of Sandy Weill Any contrition on the part of Weill for his role in repealing Glass-Steagall might as well be an attempt to close the stable door after the horse has bolted. It’s like trying to uninvent the atom bomb after Hiroshima. Weill was the guy who — above anyone else (AP: I have to interject here and say there’s plenty of culpable blame to go around, which in no way should be construed as a defense for weill!) — was responsible for the damage done…’ , "It’s Been A Fun Ride, But Prepare For A Global Slowdown" , Guest Post: 2nd Quarter GDP - Weaker In All The Wrong Places , Mutiny At The ECB? A lot of desk chatter about this move in risk-assets - and the entire reversion to red on the day in EURUSD - as a WSJ report now circulating suggests that ECB members are not backing reported proposals by President Draghi. Specifically, the statement referenced is the following: "Many ECB Members Surprised By Draghi's Comments Suggesting New Bond Buys, Source Tells WSJ". The bottom line here is that Draghi most likely pulled a Mario Monti (and his hanger on Mariano Rajoy), and spoke up before pre-clearing with Buba's Weidmann. Draghi thinks that, like Monti with Merkel at the June 29 summit, he can bluff the Bundesbank into submission, and Germany will agree to monetization, especially if markets have risen enough where nothing out of the ECB next week leads to a market plunge (as the WSJ explains below). The problem is that as we patiently explained, Monti got absolutely no concessions our of Merkel, as was seen in the bond yields of Spain after the June 29 summit, which hit record wides a few weeks later. Expect the same this time around too: i.e., Germany will hardly cave in to the European beggars. , Perfectly Idiotic Market , Europe Releases Another Unsourced Rumor To Talk Markets To Weekly Highs , Mapping The Mounting Muni Meltdown , Guest Post: Bernanke And Draghi Are Dangerous “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.” Nice, Mr. Draghi, but at what cost? And who will ultimately bear this cost? It is already far beyond the measure of mere money; democracy, truth and sovereignty have all been destroyed to prop up the central bankers' Status Quo. We can presume Mr. Bernanke and the Federal Reserve are in on the propaganda campaign, and so we need to examine the words and promises of these two central bankers, as well as what they have not said. Is talking about printing money as good as actually printing money? It would seem so. Is promising to "do whatever it takes" as good as actually doing whatever it takes? Once again, it seems so; global markets leaped at the "news" that the financial Status Quo was going to be "saved" yet again. What if it is beyond saving? , Ray Dalio Issues Stark Warning: Spanish Collateral Is Running Out , 46.5 Million Americans, Record 22.3 Million US Households, On Foodstamps; 8,753,935 On Disability , FaceBerg Sinking At -40% Below IPO Level

War Of The Central Banks? Posted by : testosteronepit Post date: 07/27/2012 - “If the ECB continues like this, it will soon even buy old bicycles.”

Why Do Progressive Liberals Fall for “Humanitarian War”? Posted by: George Washington Post date: 07/27/2012 - “Humanitarian” War Contradicts 200 Years of Liberal Thought

#FF: A Truth-Telling Financial TV Talk Show? Lew Rockwell Interviews Lauren Lyster and Demetri Kofinas of RT's Capital Account Posted by: EB Post date: 07/27/2012 - Discussing the bull market in alternative media, a Grecian return to the Drachma, and how savings empower the individual (as opposed to state confiscation)

GDP growth slows to 1.5 percent in June

thehill.com | Looming fiscal cliff of U.S. tax hikes and spending cuts.

Geithner: ‘We don’t know’ about U.S. banks’ role in Libor-fixing scandal

AFP | “I don’t know” means “Maybe.”

Mitt Romney: Banking Regulation Is Essential To The Functioning Of Markets

huffingtonpost.com | Romney told a crowd full of bankers that the GOP has erred in the past.

Investigators Are Closing In On Two Other Banks Involved In LIBOR Rigging

Reuters | Groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates.

In Q2 America Added $2.33 In Debt For Every $1.00 In GDP

Zero Hedge | In Q2, the US added $274.3 billion in debt while adding $117.6 billion in GDP.

Draghi Rescue the Euro by Printing More of Them?

Michael S. Rozeff | Sure he can, and pigs can fly.

Is Harry Reid The Most Hypocritical Man In The World?

Zero Hedge | While Dos Equis has its most-interesting-man, we think we have found the ‘most hypocritical’.

As Attacks Continue, Chick-fil-A Getting Plenty of Support for its Christian Values

Dave Bohon | Supporters of homosexual marriage, however, have been unable to leave the issue and “agree to disagree.” { I believe the concerted wrongful conduct of the respective cities et als vis-à-vis Chick-Fil-A may well be actionable as a business tort and as well, a violation of constitutionally protected rights of free speech, having a chilling effect thereon, by way of incorporation thereof under the fourteenth amendment of the u.s. constitution, as well as pursuant to the respective state constitutions applicable to the offending cities. }

The Attack On Chick-Fil-A Is An Attack On The Freedom Of Speech Of Every American

http://albertpeia.com/attackonchickfilaattacksfreespeech.htm

{ Myown feeling on the subject is live and let live, but that the state has no place in getting ‘behind’ this contraindicated behavior. Look at the subject cities rallying in the name of ‘cornholin’ (For the gay vote? How totally pathetic!). Without exception, they are literally domestic war zones, in decay, decline, and heading as the nation toward fiscal ruin, defacto/outright bankruptcy. They really should be concentrating on things that really matter before foolishly attacking freedom of speech. Previously: EVOLUTION: OBAMA NOW BACKS GAY MARRIAGE… [ Well, with some frolicking documented cocaine/gay sex romping in his past, he’d be hard pressed not to. Interestingly, Clit Eastwood has come out in favor of gay marriage saying he doesn’t give a f**k… good for you Clit; spoken like a true egalitarian. Truth be told, I always liked those spaghetti westerns that put him on the map; his own ‘Pale Rider’, particularly; and of course, the ‘Dirty Harry’ series. Aside from that, I find him/his films boring, shallow, and plebian beyond tears; hardly the philosopher king. Yet, I also don’t give a f**k regarding gays living their lives as they wish, with full constitutional protections consistent with their presumed law-abiding lives, particularly in a world like this, such as it is. But, that doesn’t mean the ‘state’ must get behind (no pun intended) same. There are few if any legal statuses that can’t be achieved through legal document, ie., adoptions, trust beneficiaries, etc.. Marriage, procreation, the province of a man/woman relationship has always been a given. Also interesting was the take on same by reknown Psychiatrist Maslow (his famed, laudable work regarding hierarchy of needs, etc., needs no introduction) who wrote and posited that homosexuality was physically, anatomically contraindicated. Again, let me reiterate a live, let live position while cautioning against the state getting behind (again, no pun) same and potentially giving young, pubescent, impressionable boys the idea that penises were made for male a**holes and not female vaginas. ] ... OBAMA ADMITS FABRICATING GIRLFRIEND IN MEMOIR { Latent gay man obama - ... Barack Obama: The Naked Emperor Shocking but true revelations from David Icke| ..Obama is just more of the same, a big smile with strings attached, and controlled completely by those that chose him, trained him, sold him and provided his record funding, kept his many skeletons under wraps, like the gay sex and crack cocaine .. Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to be with your Presidential camp, who is alleged to claim that someone claiming to represent me called asking for $100,000, to keep me from coming forward about our (Obama and I) November 1999 encounter of sex and cocaine use?), ... Obama is just another Banksters' moll prostituting himself .., and that's why he supported the grotesque bail-out of the banking system and why he will always put their interests before the people. ] http://albertpeia.com/obamadeceptionhighqualityversion.flv }

12 Pictures That Demonstrate How The New World Order Openly Mocks Us

http://albertpeia.com/newworldordervedgesmockus.htm

{ First, let me say that the vedges of the so-called new world order are in no real position to mock anyone, so mockable as they indeed are, as the incompetent vegetables that they in fact are, who have been the very architects of ultimately their own and the planet’s decline, fall, and demise. Yet, there is no question but that the ‘masses’ so mocked, deserve to be mocked, having embraced their dismal fate at every turn; viz., their embrace of ‘political correctness’, though contraindicated, as, ie., the embrace of the violent, destructive nigger who literally would have them for dinner, or the compulsion to embrace that which the state says is right, though contraindicated, for political expedience owing to failure fed (including the incompetent missteps of the failed fed) desperation, ie., gay marriage, etc., contrived wars / conflicts, among other clearly observable, self-interested behavior of people, companies, nations, including the gargantuan bailed out frauds on wall street to everyone’s (but the frauds’) detriment, still unprosecuted. That the jive-talking, bs artist/grifter/con-man obama has not been held to even one of his former now broken campaign promises and is embraced by those foolish enough to believe more of the same is testament to how deserving of mocking the masses truly are (people should be outraged and wobama should be ‘ridden out on a rail’). Make no mistake; the reality is that the ‘new world order’/so-called ‘elite’ are not elite at all; but rather, incompetent vegetables who can’t do anything right as they’ve now proven time and time again. As I previously said:The Elite Believe That You Are Ruining Their Planet And They Want You To Stop Reproducing

{ First and foremost clarification: There are no elite on this planet. The grim reality for this planet is a dominant species descended from initially notochords, primitive chordates, and relatively more recently primitive apes.
See generally, http://albertpeia.com/anthroindex1.htm , for a brief but sorrowful history of man. }

http://albertpeia.com/planetalreadyruined.htm }

AP Business Highlights

...Yahoo Market Update…

Metal News for the Day

Compendium of Important Business / National / World News / Topics / Articles / Headlines

http://albertpeia.com/articlelinkspage3.htm

http://albertpeia.com/archives.htm

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 bs 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’sChoom 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...

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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 System http://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 Durden [ We’re already in a (continued) recession, stupid; actually, depression. { 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 Durden , Goldman: Germany Is Now On The Hook By €1 Trillion (Or 40% Of GDP) Durden, , 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.htm , 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 Durden `,` The Mother Of All Infographics: Visualizing America's Derivatives Universe http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm , Fasten Your Seatbelts: High Frequency Trading Is Coming To The Treasury Market `[` http://albertpeia.com/highfrequencytradingcomingtotreasuries.htm , As US Rakes Largest Monthly Deficit In History, 2012 Tax Revenues Net Of Refunds Trail 2011 Durden, Guest Post: Money from Nothing - A Primer On Fake Wealth Creation And Its Implications (Part 1) Durden 3-12-12 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) ZeroHedge.com 3-14-12 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 Global Durden 3-12-12 In 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...