Business Summary Links By Day

 

 Dave’s Daily: http://www.etfdigest.com  SUMMER IS BOILING WHILE TRADING IS COLD 8-20-12  Apple (AAPL) seems the only stock investors care about as it rallies to become the worlds most valuable company. Microsoft (MSFT) had that honor in the dotcom heyday in 1999 as everybody needed a PC then. The chart below compares the two monsters performance as each soared over different time periodshat tip Zero Hedge  http://albertpeia.com/chartapplmsft.jpg  And, yes I know its different this time and many believe Apple is a much superior company now than Microsoft was back then. The weighting of the stock to many ETFs, particularly in technology, is nearly 20% which can give a false impression of how markets are truly behaving. (This is why its useful to compare the QQQs with equal weighted QQEW to get some perspective.) The PE of the stock is reasonable clearly but the twists and turns of technology never are. The next I got to have it gizmo from the company is the iPhone 5 which promises to be a little bigger and faster. When you upgrade to a new phone its matched by a new phone plan which is never cheap. Further there are some rumblings from China that some wireless operators there wont service the phone. The company is also in the process of developing and releasing a mini-iPad the need for which is vague to an old fogy like me. Anyway the stock shows few signs of being sold and dominates most institutional and retail portfolios. Rumors of stock splits and the company being added to the DJIA continue to be supportive as well. Meanwhile back to the duller and pedestrian stock markets has offered little action. Most likely investors are waiting first for FOMC Minutes on Wednesday to find some nugget that might support QE3. If few are found or spun then its on to Jackson Hole for Bernanke and Draghi to act or not. Away from Apple there has been some news from Caterpillar (CAT) which was a warning about weak economic conditions but the stock rallied. In China house prices rose and food inflation is on the move higher. Taken together this should restrict stimulus one would think. Meanwhile in the eurozone there is plenty of controversy regarding more lending. One rumor quickly shot down was the ECB would place a cap on bond buying by only buying when certain interest rates rose above a target. Spain has stated they want unlimited bond buying without conditions. While Merkel herself has been more dovish such is not the case with politics within Germany. The Bundestag has restated its objections to new bond buying as has the finance minister.Moody’s has gotten into the swing of things by suggesting that California municipal bond bankruptcies are likely to expand. Popular muni bond ETFs like (MUB) didn’t react period such is the low level of confidence investors have in rating agencies. Investors fear taxes more evidently.Goldman Sachs Chief Strategist David Kostin has been pleading with clients to sell their equities before the fiscal cliff arrives. Meanwhile Goldman Sachs strategist Abby Joseph Cohen remains bullish. Who to believe? They’ll tell you with hindsight.Stocks overall chugged along at a snail’s pace with early selling. But, this was met with some persistent late day buying. Volume was ridiculously light even for a Monday in August or a half-day of trading around the holidays. Breadth per the WSJ was modestly negative. (This is going to be another really short post thanks to little action.) ETF Portfolio Quick Tip: Russell Investments is going to shutter all its index-based ETFs on the heels of the closure of similar issues from Focus Shares. I have written for several years about being careful regarding repetitive ETFs, low assets under management and trading volume. In our soon to be released Best U.S. Equity ETFs we only select an issue or two in each category that can make a difference. Please look for it upon release…’ ,   Hit the road barrack, and don’t you come back no more no more, het the road barrack and don’t you come back no more! http://albertpeia.com/hittheroadborackanddontyoucomebacknomorenomorenomorenomore.htm   ,  Guest Post: Shhhh Its Even Worse Than The Great Depression   ZeroHedge.com  Tyler Durden  In just four short years, our enlightened policy-makers have slowed money velocity to depths never seen in the Great Depression.  Hard to believe, but the guy who made a career out of Monday-morning quarterbacking the Great Depression has already proven himself a bigger idiot than all of his predecessors (and in less than half the time!!).  During the Great Depression, monetary base was expanded in response to slowing economic activity, in other words it was reactive  (heres a graph) .  They waited until the forest was ablaze before breaking out the hoses, and for that theyve been rightly criticized.  Our proactive  Fed elected to hose down a forest that wasnt actually on fire, with gasoline, and the results speak for themselves.  With the IMF recently  lowering its 2012 US GDP growth forecast to 2%, while  the monetary base is expanding at about a 5% clip, know that velocity of money is grinding lower every time you breathe.  ,  When Japan Goes Japanese: Presenting The Terminal Keynesian Endgame In 14 Charts  It is hard to find fiscal situations that are worse than Japan's. The gross government debt/GDP ratio, at more than 200%, is the worst among the major developed economies. Yet yields on Japanese government bonds (JGBs) have not only been among the lowest, they have also been stable, even during the recent deterioration during the European debt crisis. This apparent contravention of the laws of economics…  ,  Taxes Vs Debt: Where Does US Funding Come From - Chart Of The Day  ,  Here Is The Chart That Explains Why Rates Are Rising In The US  ,   Exuberance Exits As Spain's IBEX Hits 200DMA  In a normal market, whatever that is, we would not feel the need to note every tick in the Spanish equity market; but today's 2% decline - its worst in 3 weeks - is the first down-day in 10 days.  ,  Egypt Prepares To Use Aircraft And Tanks In Sinai For First Time In 40 Years  ,   On The Fed's Sudden Need For "Risk Managers" And "Financial Engineers"  ,  Goodbye Civilization: So Simple A Greekman Can Do It  Around 1000 people per day are still losing their jobs in Greece with the percentage of the population not working now uncomfortably larger than those who are employed..  ,  Daily US Opening News And Market Re-Cap: August 20  A weekend article from Der Spiegel has been the centre of must attention this morning amid a light economic calendar on both sides of the pond. The article reported that the ECB would set limits to the yields of periphery country debt and intervene should these limits be breached. This weighed on the German Bund from the Eurex open and saw the Spanish curve trade lower by 25bps to 35b ps, as well as buoying the EUR currency and riskier assets in early trade. Risk-on moves in EUR and DAX futures were retraced as the ECB denied these reports, saying that it was misleading to report on decisions not yet taken, though it will act within its mandate. A German finance ministry spokesman also denied all knowledge of the reports a short while before hand. Furthermore, the latest monthly bulletin from the Bundesbank that once again reiterated the disapproving German stance toward the ECB's controversial bond-buying programme also dampened the mood.

Living In A Land Beyond Belief

Buy everything I say without limit. Leverage each purchase to the maximum allowed under the law. The markets will only go up and not down and 100,000 is the next stop for the S&P. It is to be Dow without Jones, assets without liabilities and wealth without poverty. The Middle Class has been evacuated and everyone is wealthy beyond belief. It is just there, of course, that the truth lies in this merry old land, beyond belief.

"I like fantasy---it wakes up the brain cells.- Dr. Seuss

Frontrunning: August 20

  • Caterpillar warns on global uncertainty (FT)
  • Only 3 years behind the curve as usual: Moody’s warns on California city defaults (FT)
  • Monti Says ‘Tragedy’ If Euro Became a Factor of Disruption (Bloomberg) - the same Monti whose disruptive comments recently enraged Germany?
  • China Home Prices Climb in More Cities Prompting Policy Concerns (Bloomberg)
  • China's Big Four boost new bank loans in Aug first half (Reuters)
  • EU Leaders Plan Shuttle Talks to Bolster Greece (Bloomberg)
  • US rule set to slash cars’ fuel use (FT)
  • Spain Seeks Commitment From Central Bank on Bond Buys (WSJ)... and preferably completely unconditional

Finnish Euro Doubts Hide Business Plea to Commit to Currency (Bloomberg)

 

04:39PM  Urban Outfitters Earnings: Heres Why Shares are Skyrocketing at Wall St. Cheat Sheet 04:15PM  10 Undervalued Dividend-Paying Stocks With Momentum at Minyanville 04:00PM  STOCKS GO NOWHERE: Here's What You Need To Know Business Insider 03:00PM  [video] Lou's Been Thinking About Vitamin Praise at TheStreet 02:33PM  InPlay: Dow -2 flirts with positive territory, sets new session high Briefing.com 02:12PM   Bernanke Needs To Shame Congress, Obama Into Doing More at Forbes 01:10PM   Five-Week Options Cycles Don't Bode Well For Stocks at Forbes 12:48PM   11:22AM  Index, ETF option volumes near midday optionMONSTER 11:19AM  Index, ETF option volumes near midday optionMONSTER 11:08AM  U.S. Need For Stimulus Diminishing at Forbes 11:00AM  InPlay: Stock indices extend push off first hour lows -- Dow -20 has rebounded as much as 25 points, S&P -3.6, Nasdaq Comp -10 Briefing.com 11:00AM  [video] An Indecisive U.S. Government Prevents Long-Term Solvency at TheStreet 10:57AM  Best Buy Quarterly Earnings Sneak Peek at Wall St. Cheat Sheet 10:53AM  [video] China, U.S. Backed Into a Corner at TheStreet 10:50AM  Dell Quarterly Earnings Sneak Peek at Wall St. Cheat Sheet 10:28AM  S&P 500 falls from Friday highs, levels to watch at theflyonthewall.com 10:26AM  Patterson Companies First Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 10:23AM  Hormel Foods Third Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 10:21AM   H-P Quarterly Earnings Sneak Peek at Wall St. Cheat Sheet 10:20AM  SPX Heading to 1422 at Minyanville 10:12AM  Salesforce.com Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 10:09AM  Big Lots Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 10:03AM  Autodesk Second Quarter Earnings Sneak Peek at Wall St. Cheat Sheet 10:00AM  Stock Market Update: 5 Charts Flashing Caution at Minyanville 09:48AM   Why It's Nearly Certain That Market Volatility Will Continue at Minyanville 09:21AM   Pre-Market Primer: Bundesbank Spars With ECB Over Bond Purchases at Minyanville 08:50AM  Are Stock Market BULLS Running Out of Steam? at Wall St. Cheat Sheet 08:26AM  Lowes Earnings: Margins SUFFER for Five Quarters Straight, Profit Drops at Wall St. Cheat Sheet 08:25AM  Is the ECB Really Ready to Put on the Spread Cap? at The Wall Street Journal 08:17AM  Are Stock Market BULLS Running Out of Steam? at Wall St. Cheat Sheet 08:10AM  Is the ECB Really Ready to Put on the Spread Cap? at The Wall Street Journal 08:06AM   ES Support and Resistance for August 20 at Minyanville 07:55AM  [video] Trade 'em and Trail 'em To Stay With The Rally at TheStreet 07:40AM  Are Stock Market BULLS Running Out of Steam? at Wall St. Cheat Sheet

 

 

 

 

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.htm
Postal 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...