Business Summary Links By Day
Dave’s Daily: http://www.etfdigest.com BERNANKE & CO READY TO PROVIDE ANOTHER ROUND { …of consistently
failed, inflationary QE for the benefit of the wall street frauds only, to the
detriment of the real economy and everyone else! This misguided wall street
fraud oriented policy is in large part responsible for the increasingly dismal state of the economy along with the natural concomitant of rising
prices which are blamed on everything but the contraindicated QE which is the
primary culprit! } The only news that mattered to the algos and HFTs were
nuggets of more QE found in FOMC Minutes released just in time for the 2:15 Buy
Program Express to leave the station. More money printing is inflationary and stocks
can inflate too so let’s not kid ourselves. Perhaps the so-called “smart money”
has been buying stocks in anticipation of this kind of pro-QE3 news; frankly,
they would have little other reason to buy this market. Other than Apple (AAPL)
which seems to have become “the market” little else is exciting or
stimulative.Meanwhile in the eurozone Spain
has found implementing austerity measures to be…well, difficult. Greek
Prime Minister Samaras is making the rounds of eurozone governments pleading
his case for a two-year extension for austerity reforms. Samaras stated that
reforms could be fully implemented by (where will any of us and he be by then?)
2020. Germans have stated they will abide just a little tinkering in that
regard.Much was made early Wednesday regarding Japan’s poor trade deficit
(-$6.5 billion) which was caused by weak demand from the eurozone and China.
(No surprise there methinks.) After seeing this data Fed Governor, and super
money printer, Evans called the report “awful” so we know which way he’s
leaning.The NAR (National Association of Realtors), after hitting the send
button 30 minutes before schedule, reported Home Sales rose (4.47M vs 4.5M
expected & prior 4.37M). Summer should be a good time for sales one would
think and most realtors in our neck of the woods (New England) are busy.Stocks
were weaker early until the algo driven buy programs hit the tape after the
FOMC Minutes revealed a few nuggets of QE. Market sectors moving higher besides
(AAPL) were homebuilders (ITB) once again.Volume was only slightly higher as
program trading increased after the Fed release. Breadth per the WSJ was
negative…’ , Grim economic report provides Romney with opening BETTENDORF, Iowa – Mitt Romney bounded into
the battleground state of Iowa today, aided by a new, non-partisan government
report that painted a grim picture of the state of the economy, using the new
data to return his campaign’s narrative to his favorite catch phrase:... http://albertpeia.com/truthwinsecotopics.htm , Guest
Post: The Stock Market Is An "Attractive Nuisance" And Should Be
Closed ZeroHedge.com
Tyler
Durden { Yes! This article should
in no way be considered tongue-in-cheek sarcasm, exaggeration; but rather, the
reality that the stock market has become a parasitic den of thieves and fraud
literally detrimental to all people, all places except for the few indigenous
denizens of this infectious malignancy that literally sucks the life blood out
of all they reach and touch! } In tort law, an attractive nuisance is
any potentially hazardous object or condition that is likely to attract the
naive and unwary, i.e. children. A classic example is an abandoned swimming
pool half-filled with fetid water. The
stock market is demonstrably an "attractive nuisance" and should be
closed immediately. It
should never be reopened unless these conditions can be met: 1) All shares must
be owned for at least four hours 2) All trading must be executed by humans on a
transparent exchange where all trading activity (and open orders) is visible to
all participants 3) Intervention in the market by the Federal Reserve or any
Central State agency or agents is against the law. If you insist on putting
money at risk in the stock market, be aware that you are playing a rigged
roulette wheel and thus you are a mark. You might win, or the entire game might
collapse in a rotten heap of lies and corruption. Just remember that the market
is ruled by parasites who need to keep their hosts (investors) alive so they
can continue to feed off them (i.e. biotrophic parasites). If the hosts all leave
the market, the parasites will have only themselves to feed on, and they will
quickly expire. , Thanks
Obama - Here Are 24 Stats That Show How Much You Have Royally Messed Up Our
Economy http://albertpeia.com/24statsshowhowobamamessedupeconomy.htm , 8
Economic Threats That We Were Not Even Talking About At The Beginning Of The
Summer http://albertpeia.com/8neweconomicthreats.htm , More
Than Half Of All Americans Are At Least Partially Dependent On The Government http://albertpeia.com/morethanhalfamericansdependentongovernment.htm , Jacob
Rothschild, John Paulson And George Soros Are All Betting That Financial
Disaster Is Coming http://albertpeia.com/insidersmartmoneybetsfinancialdisastercoming.htm , US fiscal
cliff risks new recession, says report
, Gold & Silver off
to the races , Eric
Sprott: The Financial System’s Death Knell? , Marc
Faber On Keynesian Folly, The 'Missing' Inflation, And Bubble-Blowing , With
AAPL 19.8% Of The NASDAQ, Is Another Rebalancing Imminent? , Citi
Sees Greek Exit As Soon As September
, FOMC
Minutes Indicate No Shift In Fed's Views, Even As Many Members See More Easing
Likely Warranted , The
Truth Behind Juncker's Lies: In The Second Largest Greek City, 1250 Companies
Have Shuttered In 2012 , The Gathering Storm
Submitted by Tyler
Durden on 08/22/2012
CBO:
Feds flirting with double-dip recession
washingtontimes.com | Obama
and Congress flirting with both a recession and a jump in unemployment next
year.
Home sales and
prices rose in July
upi.com | Sales
for the month were 10.4 percent higher than the 4.05 million level of July
2011.
Thanks
Obama – Here Are 24 Stats That Show How Much You Have Royally Messed Up Our
Economy
The
American Dream | Under Barack Obama, the U.S. economy has performed worse than
it did under any other president since the end of the Great Depression.
What
Happened After Europe’s Last Three Currency “Unions” Collapsed
Zero
Hedge | The Eurozone, and its associated currency, is merely the latest in a
long series of failed attempts to create a European currency union and a common
currency.
US
corn, soy prices hit records as drought lingers
AFP |
US corn and soybean prices closed at new record highs Tuesday as a new survey
showed worse-than-expected crop damage from a brutal drought across the country’s central
breadbasket.
Report:
Nearly One In Five Americans Have No Money to Put Food on the Table
SHTFplan.com
| While economists, government officials, and mainstream media experts argue
about whether a recovery is finally taking hold, the evidence on the ground
provides a clear insight about where the country is headed.
More
Than Half Of All Americans Are At Least Partially Dependent On The Government
The
Economic Collapse | A very large segment of the population has figured out that
it can use voting as a tool to get more money and benefits from the government,
and that is a very dangerous thing.
AP Business
Highlights
...Yahoo Market
Update…
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?
Infowars.com | Now is the time to put an end to Obama’s
treasonous and tyrannical behavior.
http://albertpeia.com/impeachobama.htm
Nancy Pelosi Wants to Amend the First Amendment Kurt
Nimmo | When Pelosi says “special interests,” she means interests
opposed to establishment Democrats. [ Here’s a look at the pelosi / wobama
styled new california ( 16 Reasons To
Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm ) . pelosi’s
incompetent / senile in that chronological order. At this point, wobama the b
for b***s*** is just incompetent but acts and seems as if he’s senile,
particularly with regard to previous things he’s said and prior promises that
he’s made. ]
Wobama’s
Choom Gang Bangin’ { This brief video (11 mb) is well done and worth a
watch! }
http://www.albertpeia.com/wobamaschoomgangbangin.wmv
PAPER:
Obama's grandfather tortured by the British? A fantasy (like most of the
President's own memoir)... {
http://albertpeia.com/wobamaschoomgangfantasy.htm }
Drudgereport: Obama: 'Sometimes I Forget' Magnitude of Recession…{
Oh! How conveniently forgetful, though the vast majority of americans don’t
have wobama’s luxury of feigned amnesia suffering from what wobama did and
didn’t do contrary to promises last time around the perpetual campaign trail
littered with his typical jive-talking b***s***! The following headline will
help him remember some of his sordid, pot-clouded high school past! }...
FLASHBACK: Obama's Sordid High School Past...
By Ben Shapiro ‘While the Washington Post has been diligently
digging into relatively innocent high school pranks
by Mitt Romney, they’ve spent the last few years diligently ignoring President
Obama’s far more controversial high school days.Obama, by all accounts, was a
habitual drug user in high school. He tried cocaine, he admits in Dreams
From My Father; he “tried drugs enthusiastically.” The Chicago Tribune
reported back in 2007 that Obama thanked the “Choom Gang” in his high school
yearbook; “chooming” was Hawaiian slang for smoking pot. The Honolulu
Advertiser reported that Obama’s senior portrait “prominently displayed …
A package of ‘Zig-Zag’ rolling papers and a matchbook.” One of Obama’s close
friends was arrested for drug possession during high school.In his memoir,
Obama talked about routinely getting high. “Junkie. Pothead,” he wrote. “That’s
where I’d been headed: the final, fatal role of the young would-be black man.”
But, according to Obama, he only got high because he was contemplating deep
matters: drugs could “push questions of who I was out of my mind.” Obama told
students in 2007 that this activity constituted “goofing off” and “wasting
time”:"I will confess to you that I was kind of a goof off in high school
as my mom reminded me," Obama said. "I went to high school in Hawaii,
so there's a lot of opportunity to goof off because the weather is really good
all the time …"You know, I made some bad decisions …. You know, got into
drinking and experimenting with drugs. There was a whole stretch of time where
I didn't apply myself. It wasn't until I got out of … high school, and went to
college that I started realizing, man, I wasted a lot of time.”The New York
Times, however, went out of its way to find Obama’s classmates to testify
that drugs played only a “bit
part” in Obama’s youth. Yet Obama would later brag on the campaign trail
that he “inhaled frequently … that was the point.”During his high school years,
Obama hung out with communist radical Frank Marshall Davis; in 2007, the Los
Angeles Times reported that during his high school days, “he felt the
first stirrings of anger toward whites. He says he also delved into black
nationalism.” He was “offended or even enraged when white classmates adopted
black street slang or revealed their underlying consciousness of his race by
going out of their way to tell him how much they admired a black musician or
athlete.” This activity is certainly more reflective of Obama’s ideological
history than Mitt Romney’s pranks on teachers and fellow students. And as for
the drug use – well, that seems just a bit more serious than walking a teacher
into a door or cutting a student’s hair. But leave it to the Post to
ignore or downplay all of that in favor of continuing stories about Romney’s
dog, his high school hijinks, and whatever other nonsense they can use to
protect President Obama from his own incompetence.’ Ben
Shapiro is Breitbart News Editor-at-Large. Follow him on twitter @benshapiro.
Cracks
in the Washington Post story on Romney’s ‘pranks’ emerge
Correction
Request: Washington Post Uses Falsehood in Romney Hit Piece
Media
Downplays Obama's Past, Tries to Define Romney with Teen Prank
If we're going to delve deep into a candidate's past, let's delve deep into a
candidate's past. Here's Obama in his own words admitting to physically shoving
a little girl named Coretta. Yes, it was at this moment that the first
shot in the War on Women was fired.
http://albertpeia.com/obamashovesgirl.png
No doubt that after expending all that energy
bullying an innocent little girl, young Obama readied himself for round two by
eating a Golden Retriever. More on this breaking story here.If
you're wondering what the rules are regarding a candidate's past; how far back
we're allowed to go in an attempt to define them -- the answer is simple: the
corrupt media will let us know.
Washington
Post Disgraces Itself By Targeting Romney's 'Anti-Gay' High School Pranks by Ben
Shapiro { It is true! The once great now failed newspaper, the washington
post, is an absolute disgrace! But a shadow of its former self, the
post is biased presumably owing to
shared desperation with the failed president wobama in return for access. So
egregious had the bias become wherein ‘sensitive’ commentary antithetical to
wobama and his, seldom seemed to work/post properly; and, then of course, the post’s pro-wobama perpetual
darkness-induced blind ‘constituency’.
I stopped posting there and have not visited their site since nor will I ever again. A rather pathetic swansong /
end / wind-down / final chapter
for what was once a great newspaper for which I had the utmost regard and
respect! }
Obama WILL NOT pursue gay marriage as part of party
platform...
STONE: 'Playing a
cruel and cynical game'...
Unites Republicans?
New Black Panther Niggers Plan Newspaper Cover With
Zimmerman In Noose { and civilized people everywhere should respond with
niggers in nooses and contributions to the Klu Klux Klan! } ...
LOONEY CLOONEYLAND: BIG CAMPAIGN BOXOFFICE FOR NIGGERO
– Meanwhile, looney clooneyland ain’t doin’ so well with the niggero model –
see next headline! ...
Failed Wobama model illustrated: 16 Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm
Postal Service loses $3.2b in first quarter...
78% of California
8th graders fail national science test...
_______________________________________
{ some prior links of current
interest }