Business Summary Links By Day

 

Dave’s Daily: http://www.etfdigest.com  BULLS JUMP ON EMPLOYMENT DATA’ 8-3-12 [ { Dave’s Daily Summary with pics/charts – Dave is always worth a look; a bit too bullish methinks, but somewhat realistic in light of the preposterous churn-and-earn frauds/’valuations’, which folly has gone global and will end quite badly!  http://albertpeia.com/davesummary8312.htm  } Then there’s: { AP: Preposterous beyond words! In a nutshell: lunatics here on wall street and abroad are indeed affected by this full moon in a very big way! } ]  ‘The Employment report was better than expected (163K jobs vs 100K expected but prior revised lower to 64K from 80K). Inside the numbers the unemployment rate rose to 8.3% and it was estimated 195K people dropped from rolls meaning the so-called U-6 rate jumped to 15%. But algos chose to focus on the headline number driving stock prices higher for another end-of-week “stick save” which we’ve seen before.Perhaps not so much in the headlines was a unique reevaluation of Draghi’s comments from Thursday as noted by Bloomberg whereby it was suggested he was just laying the framework for a bargain. Further another late article from Bloomberg noted some inferred weakening within the German ranks which might be more supportive of Draghi’s efforts. And, this article points to a split perhaps from the Bundesbank and politicians—always a potential problem for the bank’s autonomy. Meanwhile economic data from the eurozone continued to decline with the PMI descending to 46.5 and the UK PMI (51) the lowest in 2 years.Also of note was the first repo liquidity injection from the Fed to Primary Dealer’s (banks) since December 2008. This was a small amount ($200M) but showed the Fed working in a more subtle fashion to lubricate trading desks.Stocks were higher across the board and intra-market correlations were running almost at 100% allowing for little in the way of diversification. Everything rallied today except natural gas (UNG), bonds (IEF) and the dollar (UUP) and that’s the easiest way to sum things up.Now you might think from our comments we’re bearish but we’re 60% long equities in our active portfolio with the balance in cash. Sure, on days like this we’d like greater exposure but you wouldn’t have said that the prior 4 days. The bottom line is you can be a skeptic while remaining systematic. Staying with longer term tech analytics (weekly & even monthly) avoids a lot of the daily noise despite emotions. So when markets rally when news overall and fund flows are this terrible that must be bullish or just another bout of short-covering.We’re seeing markets (see SPY chart below) that very much resemble similar periods to 2010 & 2011. Those markets featured significant two-way action which made for poor trend-following conditions for short-term investors. This is now enhanced by the presence of HFTs and algos and a good explanation of how these work which also makes it more appropriate to step away from shorter-term chart views.Despite Friday’s good market action we still face trouble in the eurozone and with global economic contraction not solved by one data point or rumors and spin. Now we add elections and accompanying uncertainty to the mix.Volume on Friday was light with most of it coming in the last 20 minutes on ETFs squaring up positions. Breadth per the WSJ was positive but seemed short of a 90/10 day…  ,  Lest you think we’ve turned the corner. . . . Posted on by MK It’s Friday. And if its Friday, the FDIC announces another bank failure. In this case the 40th bank failure this year. At that rate about six per month. (But who’s counting?) Waukegan Savings Bank of Waukegan, Illinois. . . . Continue reading   … ,    The Bernanke Put is a Lie  By gpc1981    http://albertpeia.com/bernankeputalie.htm   ,  The Employment Rate In The United States Is Lower Than It Was During The Last Recession  http://albertpeia.com/usemploymentratelowerthanlastrecession.htm   ,  Friday Humor: "I Am Pledging To Cut The Deficit We Inherited By Half By The End Of My First Term In Office"  ZeroHedge.com Tyler Durden    ( 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 ) Obama's Five Trillion Dollar Lie  http://albertpeia.com/obamas5trilliondollarlie.htm  [ the economy is  already in depression in real terms when taking into account real inflation numbers. 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…’] } obama-"If we confront this crisis without also confronting the deficits that helped cause it, we risk sinking into another crisis down the road as our interest payments rise, our obligations come due, confidence in our economy erodes and our children and grandchildren are unable to pursue their dreams because they are saddled with our debts. That's why today I am pledging to cut the deficit we inherited by half by the end of my first term in office... That means taking responsibility right now in this administration, for getting our spending under control."  ,  EUR Shorts Collapse By 35% In Two Months, Down 10% In One Week  ,  Europe's Largest Insurer Allianz Not Amused That Central Banks Are Involved In Liborgate  ,  Treasury Selling Another $4.5 Billion In AIG Stock, AIG To Buy $3 Billion Of Offering  ‘…Bottom line: another $1.5 billion in AIG shares are about to hit the market. Of course, in this broken market this will be seen as bullish. At least initially. Then the selloff.  ,  Interview With A High-Frequency Trader  ,  Here's Hilsenrath: The Door Is Still Open For The Fed To "Help The Economy"  { A little more help like they’ve already done, at this rate, beyond the inevitable crash, there’ll be but a fallen nation of taxpaying serfs supporting the fiefdom and opulent lifestyles of fraudulent wall street et als. }  One didn't think that an economic event could come and go without some commentary from the WSJ's resident "Fed mouthpiece-cum-economist" who has rapidly become a caricature of himself, and is solely known for his heretofore programmed leaks of Fed policy, which tended to work until it didn't. In a normal day when newsflow or fundamentals actually mattered, we would focus on far more important things. However, since we are caught in the manic phase of the market's daily bipolar gyrations, and nothing can make a dent in sentiment at least until Monday when the market suddenly decides it was 100% wrong in its re-interpretation of Draghi's comments (last we checked there is still no press release from the Bundesbank saying it has agreed to any bond buying, let along short-dated) and decides to plunge all over again, here is Jon with more propaganda that today's NFP beat, which is still well below the 200+ needed to maintain the declining unemployment rate trendline, means nothing for the Fed.

 

S&P Downgrades 15 Italian Financial Institutions, Says Country Faces Deeper Recession Than Previously Thought

It is late in the afternoon on a Friday, which means one thing: it is time to dump all left over bad news under the rug. Sure enough, here comes S&P. From Bloomberg:

  • S&P CUTS RATINGS ON 15 ITALIAN FINL INSTITUTIONS
  • S&P TAKES RATING ACTIONS ON 32 ITALIAN FINL INSTITUTIONS
  • BANCA MONTE DEI PASCHI DI SIENA SPA CUT TO BBB-/NEGATIVE/A-3
  • BANCA POPOLARE DI MILANO SCRL CUT TO BB+/NEGATIVE/B BY S&P
  • S&P SAYS ITALY FACES POTENTIAL DEEPER RECESSION THAN IT THOUGHT

 

03-Aug-12 06:07PM  How to Use a Timeless Classic to Become a Smarter S&P 500 Trader ETFguide 06:05PM  Media Not Reporting True Story of July Employment ETFguide 05:54PM   How Can You Make the Best of a Dim Job Market? ETFguide 04:32PM   Talking Numbers: Buy Into This Rally? CNBC 04:00PM  STOCKS SURGE AFTER AWESOME NEWS: Here's What You Need To Know Business Insider 03:57PM   Forget the Fed: Wall Street Prefers Improving Data at The Wall Street Journal 03:25PM  There's Hope For Knight Capital As TD Ameritrade, Scottrade Resume Business at Forbes 03:22PM  [video] Talking Numbers: Buy Into This Rally? at CNBC 03:20PM  S&P 500 ETF Jumps 2% On Improved Jobs Report at Investor's Business Daily 03:20PM  August 3, 2012 Market Summary at Investopedia 03:15PM  S&P 500 ETF Jumps 2% On Improved Jobs Report at Investor's Business Daily 03:15PM  August 3, 2012 Market Summary at Investopedia 03:05PM  August 3, 2012 Market Summary at Investopedia 03:01PM  S&P 500 ETF Jumps 2% On Improved Jobs Report at Investor's Business Daily 02:24PM  Are Jobs Data Bad Enough to Be Good for Stocks? at The Wall Street Journal 01:23PM  Index Investing the Socially Responsible Way at Motley Fool 12:33PM  MICHELLE MEYER: We're Still Betting On QE3 Business Insider 12:23PM  Stocks Surge After U.S. Jobs Report, But Rally Has European Roots at Forbes 12:22PM  Integrys Energy Group Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 12:18PM  Polo Ralph Lauren First Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 12:15PM  PPL Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 12:12PM  News Corp Fourth Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 12:10PM  NRG Energy Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 12:07PM  Molex Incorporated Fourth Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 12:00PM  Macys Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 11:48AM    Friend Me! at Minyanville 11:33AM  Dean Foods Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 11:31AM  Index, ETF option volumes near midday optionMONSTER 11:30AM  CenturyLink Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 11:30AM  VIX Oddities and Broad-Market Support: Musings About Today's Market at Minyanville 11:27AM  Computer Sciences First Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 11:23AM  Stocks Surge: Jobs Report Sparks Some Optimism at The Wall Street Journal 11:18AM  Alpha Natural Resources Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 11:16AM  Chesapeake Energy Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 11:14AM  Jobs Up 163K in July But We Need to Do a Lot More: Labor Secretary Chides Congress The Daily Ticker 10:35AM  Disney Third Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 10:34AM  CVS Caremark Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 10:22AM   InPlay: Stock indices extend after data -- Dow +213, S&P +24, Nasdaq Comp +56 Briefing.com 09:40AM  [video] Jobs Bounce Back at TheStreet 09:40AM  ARMOUR Residential REIT and SPDR S&P 500 ETF Among Most Active Stocks in Pre-Market Today on the NYSE at Minyanville 09:40AM  ARMOUR Residential REIT and SPDR S&P 500 ETF Among Most Active Stocks in Pre-Market Today on the NYSE at Minyanville 09:37AM  InPlay: Strong run off the open for stock indices -- Dow +168, S&P +19, Nasdaq Comp +38 Briefing.com 09:21AM  [video] Jobs Bounce Back at TheStreet 09:14AM  P&G Earnings: Margins Turn Around as Net Income POPS at Wall St. Cheat Sheet 09:05AM  Pre-Market Primer: US Job Market Kicks Into Higher Gear at Minyanville 08:52AM  Washington Post Co. Earnings: Sees Profit Move Up at Wall St. Cheat Sheet 08:33AM  JOBS REPORT CRUSHES EXPECTATIONS, BUT UNEMPLOYMENT RATE RISES TO 8.3% Business Insider 08:26AM  NYSE Euronext Earnings: BEATS Wall Street Expectations at Wall St. Cheat Sheet 08:25AM  P&G Earnings: Margins Turn Around as Net Income POPS at Wall St. Cheat Sheet 08:20AM  SPX Update: Is This 2009 All Over Again? at Minyanville 08:08AM  JOBS REPORT CRUSHES EXPECTATIONS, BUT UNEMPLOYMENT RATE RISES TO 8.3% Business Insider 07:45AM  Procter & Gamble Earnings: Margins Turn Around as Net Income POPS at Wall St. Cheat Sheet 07:29AM  ITT Corp Earnings: Below Analysts Estimates at Wall St. Cheat Sheet 07:27AM   EOG Resources Earnings: Increased Profit Helps Beat the Street at Wall St. Cheat Sheet 07:19AM  10 Things You Need To Know Before The Opening Bell Business Insider 07:16AM  NYSE Euronext Earnings: Beats Wall Street Expectations at Wall St. Cheat Sheet 07:11AM  AIG Earnings: Accelerates Beyond Analysts on Profit Rise at Wall St. Cheat Sheet

 

 

 

195,000 Fewer Americans Had Jobs in July; 150,000 Dropped Out of Labor Force

CNS News | There were 195,000 fewer people employed in the United States in July than in June.



‘Real’ Unemployment Rate Shows Far More Jobless

CNBC.com | While the national unemployment rate paints a grim picture, a look at individual states and their so-called real jobless rates becomes even more troubling.



World Central Banks On Red Alert

Business Insider | Ben Bernanke and Mario Draghi, with words but not yet actions, demonstrated this week that they are on red alert about the global economy.

 

 

 

 

AP Business Highlights 

...Yahoo Market Update…

Metal News for the Day

What’s Happened To The FBI/DOJ?  http://albertpeia.com/fbinazibikersbustfbinazibikers2.htm

Compendium of Important Business / National / World News / Topics / Articles / Headlines
http://albertpeia.com/articlelinkspage3.htm 

 


http://albertpeia.com/archives.htm

 


FBI Nazi Bikers Bust FBI Nazi Bikers - What's Up At The FBI/DOJ?

 

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. ]

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
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...

 

 

                                                               _______________________________________

                                                                       { 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 {  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.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
, 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...