Business Summary Links By Day
Obama
Has Stolen $5.3 Trillion From Our Children In Order To Make Himself Look Good http://albertpeia.com/obamastole5plustrillionfromuschildrentohidehisfailure.htm ‘Barack Obama has destroyed the future of America in
order to improve his chances of winning the next election. Under Obama,
5.3 trillion dollars has been ruthlessly stolen from our children and our
grandchildren. That money has been used to pump up the debt-fueled false
prosperity that we have been experiencing. When the U.S. government
borrows money that it does not have from someone else (such as China) and
spends that money into the economy it is going to make our economic numbers
look better…By the end of Obama's first term, the U.S. national
debt will have grown more than it did from the time that George Washington
became president to the time that George W. Bush became president…’ , Citigroup
Has The Best Summary Of Europe's Fiasco Yet: "Losses Are
Unquantifiable"
ZeroHedge.com Feel like every day Europe is juggling hot
potatoes? You are not alone. As the following graphic summary
from Citi's Matt King (whose insight into Europe, liquidity conduits, shadow
banking and a comprehensive picture of modern financial "innovation"
has rapidly become second to none) shows, the hot potatoes are getting hotter by the minute, and
are flying ever faster and higher. But the kicker: King has the best punchline
on Europe we have yet encountered: "Losses are unquantifiable"
Q.E.D. , Guest
Post: Boom and Bust - The Evolution Of Markets Through Monetary Policy The outcome of the next round of monetary
policy will be similar to those in recent history mentioned in this paper... "Perceived inflation will go through
the roof. We’re talking
about near 0% interest rates around the developed world (near-term rates in
Germany hit 0% in the auction at the end of May and are expected to go
negative). Oh yeah, and massive inflation. I think gold will have no trouble
hitting $3,000/oz in the medium-term and I see
copper tripling over the next decade. This is, of course, until we hit
the next bubble sometime around 2018 and start over again. The trend
remains: since the stock market crash of 1987, through the dotcom bubble, and
into the real-estate & stock market bubbles of 2007, each euphoric high and
ensuing crash have been more extreme than the last.
These extremes are fueled by the easing that is meant to cure us. The
policy that we are facing within the coming months/years will, as the trend
dictates, trump them all, and so inevitably will its hangover." , Draghi’s Master Plan Matrix Following the dismal failure of Draghi's
OpEd this morning (which we assume was a reprint of his much-anticipated - and
now cancelled - speech from J-Hole) to jawbone anything but a very brief pop in
EURUSD, we thought it useful to aggregate all the great-and-good deeds the ECB elder is considering
(and why). Europe remains in a long-term deleveraging phase (as
much of the developed world finds itself). This lack-of-demand for credit has crushed the so-called 'money-multiplier in
Europe, just as it did in the US (which
we discussed in detail here as worse than the Depression); as banks have simply stockpiled the vast sums
of LTRO/ECB-collateralized funds. This has left him feeling
less than his normal omnipotent self and so he is forced to act even more
extremely (or talk about acting that way). The following matrix from Morgan
Stanley outlines his policy options under various scenarios as we note few
(aside from a rate cut) are actionable in the short-term, and even fewer are
likely to make any difference to this long-term deleveraging-cycle , VIX
Rises, Equity Futures Fall, Volume Disappears (Again) , Your
Tax Dollars At Work: The US Budget Visualized For Congressional Dummies With a $3.8 trillion yearly budget, the US
Government is the most powerful entity in the world. This simple infographic
shows how the money was spent. , Guest
Post: Doug Casey Uncovers The Real Price Of Peak Oil Doug Casey is of the opinion that the Hubbert peak-oil theory is correct.
In the 1950s, M. King Hubbert projected that US oil production would start
declining in the 1970s, and he was accurate. Then he projected that in the
mid-2000s, the world's production of light, sweet crude would start declining.
He was quite correct about that, too. There will always be plenty of oil at
some given price, but to produce oil – even conventional, shallow, light sweet crude – now costs
close to $40/bbl in many places. Drilling in politically unstable jurisdictions with sparse
infrastructure is neither cheap nor fun. We're talking about production costs
of at least $80/bbl in many cases. In an industrial world with
seven billion people, the only energy source that makes sense is nuclear
power. Sure, you can use wind and solar from time to time and in
certain places. But those technologies are extremely expensive, and they
absolutely can't solve the world's energy problems. , Chart
Of The Day: From Pervasive Cheap Credit To Hyperinflation , Place Your Bets The Chinese Stock Markets are returning to
the lows of 2009 and the Europe is mired in a recession. The American Stock
Markets are not far off their highs and we do not think this will continue.
Mark Grant is quite negative, for all kinds of reasons, about our equity
markets now and would be taking profits and returning to the more assured bets
of getting yield from bonds and not from dividends. A dividend may be
reduced or cancelled by the wave of some Boards’ hand one
afternoon while senior debt cannot be cancelled without the company or the
municipality going into bankruptcy so that the top of the capital structure is far
safer than relying upon dividends for income. In the next sixty
days we are faced with Greece, Portugal, Spain, Italy and ECB issues that are
quite serious both economically and politically. You may think what you like
but there is a lot of risk on the table; of that you may be assured. When someone says, “Buddy can you spare a
dime” we would like to be the one being asked and not the one doing the
asking. It is here where we stand and wait.
European
Bank Run Watch: Spaniard Edition
Reggie Middleton The Spanish bank run has started - as was explicitly
warned about 6 months ago!
, JaCKSoNHoLe
2012 williambanzai7 Another
year, another central planning pipe dream...
, Three
Questions for Mario “bumblebee” Draghi Phoenix Capital... Mr Draghi… a few
questions for you…
ZeroHedge.com by Tyler
Durden on 08/29/2012
Into
the Meat Grinder: A “Market Meltdown the Likes of Which We’ve Never Seen Is
Upon Us”
AP Business
Highlights
...Yahoo Market
Update…
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
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
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.
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
Postal Service loses $3.2b in first quarter...
78% of
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{ some prior links of current interest }