Business Summary Links By Day
We're
Entering Another Economic Collapse... Right As Inflation Hits LIft Off! Phoenix Capital
Research 9-21-12 http://albertpeia.com/economiccollapseplusrisinginflation.htm , 21
Facts About America's Decaying Infrastructure That Will Blow Your Mind http://theeconomiccollapseblog.com http://albertpeia.com/21factsamericasdecayinginfrastructure.htm , 100 DAYS UNTIL LARGEST TAX
HIKES IN HISTORY... http://albertpeia.com/taxmaggedon.htm
, Dumb money sees a rally, so gird for a dip , Dave’s
Daily: http://etfdigest.com ‘QUAD WITCHING NONEVENT 9-21-12 I’ve been
taking a working vacation—better said,
working on catching some fish. But I note that since leaving on Tuesday not
much has changed with markets. In the eurozone it seems authorities there wish
to postpone serious decision making until after the U.S. election. That’s rather curious and let
you draw your own conclusion. Oil markets have taken a beating on inventory
issues. It seems the supposed “fat-fingered” trade or SPR release rumor
weren’t correct. It may be some
traders got some inside information on inventory data. Again, draw your own
conclusion…In the
meantime Friday’s
quad-witching was a pretty uneventful and volume was light. The dollar (UUP) remains
weak overall and precious metals like gold (GLD) and silver (SLV) remained
steady after some previous selling. Beyond Apple (AAPL) which as you know has
become “the market”, not much has changed
throughout the week. The leading sectors remain in real estate best expressed
by Homebuilders (ITB). Bonds (TLT) continued to be steady.Volume remains quite
light for quad-witching day although Thursday’s volume was higher as traders began to rollover and unwind
positions. Breadth per the WSJ was positive…’ , PIIGS
In America: Is Illinois Preparing To Request A Federal Bailout? ZeroHedge.com Moments ago we saw the following amusing headline crossing the
BBG:
ILLINOIS TEACHERS' PENSION FUND CUTS RATE OF
RETURN TO 8% FROM 8.5%
It's amusing because these are the same
teachers who were demanding, and received, higher pay - 17% higher over four years in fact -
following a several day strike. It is even more amusing considering that in a
fiscal year in which we saw QE2, Operation Twist 1 and 2, and LTRO 1 and 2, the
nation's
largest pension fund, Calpers, managed to eek out a measly 1% gain (and this is
including the end of June surge following the then announced European bailout
which turned out to be yet another dud). It is, however sadly, most amusing,
because it may be a harbinger of something truly sad: the advent of the
"PIIG bailout" to America, when a US state demands a Federal bailout.
We have seen how eager Europe has been to bailout its insolvent nations. We are
next about to see just how "united" the US is when its own solidarity
is tested as state after state repeat the European bailout experience. But hey:
at least we have the dollar so all should be well. , How
to Measure Strains Created by the New Financial Architecture , The
Gaping Maw Of Centrally-Planned Surreality
, Guest
Post: QE3 And Bernanke's Folly - Part II
, Quad
Witching Day Sends NYSE Volume Soaring To Highest In Over A Year Between quarter-end, quad-witching, and the
index-rebalancing, activity at the NYSE soared today. More than triple the average of the last
few weeks, today's volume was the highest since the US downgrade last August -
over 13 months ago - and given the downward pressure in prices
into the close it seems more motivated sellers than buyers locking in
anticipated Fed/ECB gains. , Gold
And Silver Trump US Equities In Q3 And Year-To-Date , Will
Nasdaq Be The Next Casualty Of The SEC's Anti-Latency Arbitrage Push? Back in 2009
Zero Hedge was first the only, and shortly thereafter, one of very few
non-conformist voices objecting to pervasive high frequency trading and
other type of quantitative market manipulation in the form of Flash Trading (which
has recently reemerged in yet another form of frontrunning known as "Hide
not Slide" practices) quote stuffing, and naturally latency arbitrage:
one of the most subversive means to rob the less than sophisticated investor
blind, due to an illegal coordination between market markers, exchanges and
regulators, which effectively encouraged a two-tier market (one for the ultra
fast frontrunning professionals, and one for everyone else). A week ago we were
amused to see that the SEC
charged the NYSE with a wristslap, one for $5 million dollars and where the
NYSE naturally neither admitted nor denied guilt, accusing it of doing
precisely what we said it, and all others, had been doing for years: namely getting paid by wealthy traders,
those using the prop data feed OpenBook Ultra and other paid systems, to create
and perpetuate a two-tiered market, all the while the regulator, i.e., the SEC
was paid to look the other way. This action was nothing but a
desperate, and futile, attempt to regain some investor confidence in the
market. It has failed, and since said "enforcement" action has done
nothing to restore confidence, expect to see more exchanges slapped with fines
for actively perpetuating latency arbitrage opportunities for "some"
clients. Well, since the SEC will be desperate to come up with more means of
"restoring credibility" of both the market and its regulator, another
exchange it may want to look at is the NASDAQ, which as Nanex demonstrates, may
well have been engaging in comparable (most likely not pro-bono) latency
arbitrage benefiting some: those paying for its direct feed aka TotalView, and
thus not harming others, or those relying on the Consolidated Feed (UQDF) for
data dissemination.
On
Santelli's Queasiness About Bernanke's Quantitative-Easiness Between CNBC's
Rick Santelli and PIMCO's Mohammed El-Erian, this brief clip succinctly sums up
the 'less than ideal' reality of Bernanke's all-in bet and how the world is trying
to 'trade' it. Santelli analogizes: "Visualize the biggest fire hose in the world, 20 miles away from
a little Geranium plant? Now this hose is going and going and going, and
ultimately, that Geranium plant gets a little bit of water but everything around
it and leading up to it for miles around is just underwater. That's QE, in my
opinion." To which El-Erian retorts: "at what
point do you tell investors stop focusing on the benefits and make the
collateral damage the investment theme?" It seems, given gold's
outperformance, that this is exactly what is occurring as the hose-pipe's flood
spills out everywhere.
Art
Cashin And Dick Fisher Expose The Farce That America's Corrupt And Bought
Congress Has Become Dick Fisher speaks: "Just recently, in a hearing
before the Senate, your senator and my Harvard classmate, Chuck Schumer, told
Chairman Bernanke, “You are the only game in town.” I thought the chairman
showed admirable restraint in his response. I would have immediately answered, “No, senator, you and your
colleagues are the only game in town. For you and your colleagues, Democrat
and Republican alike, have
encumbered our nation with debt, sold our children down the river and sorely
failed our nation. Sober up. Get your act together. Illegitimum
non carborundum; get on with it. Sacrifice your political ambition for the
good of our country—for the good of our children and grandchildren. For
unless you do so, all the monetary policy accommodation the Federal Reserve can
muster will be for naught.”"
Presenting:
President Inflation …regarding
wobama/bernanke QE/currency debasement… It seems implicitly that Meyer
Rothschild's famous quote: "Let
me control a peoples' currency and I care not who makes their laws"
has never been more true. Or perhaps, the odds can be gamed to become
self-confirming (just as with HFT in stocks) - especially given the volume
surge?
Romney releases 2011 tax return, paid IRS 14.1 percent {
Average for americans is 13% … let’s talk about wobama’s record … of
unequivocal failure … the real, ineluctable and ultimate issue he’s been trying
to divert attention from … People must realize the magnitude of wobama’s
failure and the unaffordable, insurmountable expense of obfuscation:
‘…those who put their trust in proven
failure wobama, all they have to show for such misplaced trust are broken
campaign promises, now insurmountable record deficit spending exceeding all the
presidents since Eisenhower combined to obfuscate what clearly has been
wobama’s unequivocal failure...’ ( 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 now
greater than ) $211 trillion’ … ) }
President Obama Falsely Claims Fast and Furious Program "Begun
Under the Previous Administration"
Obama's
Legacy: A Failed Recovery & Double-Dip Recession Forbes / Mariotti ‘…At some point, his statute of
limitations on blaming Bush runs out…’
Obama: Biggest mistake too much perspiration, not enough
inspiration [What total b***s***!]
{ Biggest mistake: too much b***s***, not enough substance; that’s reality, not
spin! } White House on weak jobs report: Don’t ‘read too much’ into it Olivier
Knox, Yahoo! News { Riiiiight!
Sounds like a plan! After all, wobama’s gotten’ by on b***s*** and ‘special
consideration’ alone, never having done anything of substance in his entire
life. Indeed, even his so-called ‘auto-biographies’ are works of what appear to
be ‘choom-gang’ induced fantasies which reveal a psychogenic/dissociative
amnesia that works well in the continuing ‘narrative’ devoid of fact on his
‘more b*** s*** campaign trail’ littered with the cowpies of stark reality.
People owe themselves and their children more than this grifter’s con which in
numbers measures more than the increased deficits of all the presidents since
President General Eisenhower combined to obfuscate his unequivocal failure. http://albertpeia.com/10waysobamakillingjobsinamerica.htm
} Obama Asks
People Getting Married To Forgo Gifts...
Donate
To His Campaign Instead... [ Wobama is so pathetic! Sure, sacrifice
for the grifter wobamas so they can continue livin’ large on the taxpayer dime
while accomplishing nothing except greater public debt to hide his failure.
This from the record holder for fundraisers, 151 and counting. Then there’s the
100 plus rounds of golf in addition to being famously over-vacationed while in
office. It’s laughable to hear him blame congress for his lack of
accomplishments when the reality is that he ‘really wasn’t there’ for any of
it. For wobama the presidency is just endless debate, rhetoric, campaigning,
vacationing, soundbites from the teleprompted speeches, jive-talk, b***s***,
and ‘choom fantasy’. He’s a total fraud and failure and anyone who buys into
election-year desperation / promises, etc., is just a fool of the worst kind! AP: ‘…THE
FACTS: Five Senate Democrats voted against sending the DREAM Act to the Senate
floor for full consideration. The bill would have created a path to citizenship
for many young illegal immigrants brought to the United States as children.
Last week, Obama announced plans to stop deporting illegal immigrants who would
have qualified for the DREAM Act. The policy change does not include a path to
citizenship…’ Then there’s the other meretricious ‘wobama
desperation hail mary’ that once again falls short. Indeed, as an investor, one
analyzes earnings, projects prospective earnings over a 3-5 year horizon, and
the quality of the earnings along macro economic factors which are affected by
‘political considerations’. Does anyone remember the honorable Ross Perot who
warned of NAFTA’s effect on american jobs even as the democrat administration
et als were hell-bent on passing same? Should Romney have breached his legal
duty to shareholders and invested in companies with poor earnings prospects?
After all, in the financial / security analysis step of projecting the income
statement, prospective labor costs figure prominently in the bottomline. In
sum, Romney took conditions as he found them, and made the prudent choices
which as per his legal duty were optimal for those who put their trust in him.
For those who put their trust in proven failure wobama, all they have to show
for such misplaced trust are broken campaign promises, now insurmountable
record deficit spending exceeding all the presidents since Eisenhower combined
to obfuscate what clearly has been wobama’s unequivocal failure. ]
Will accept
your birthday or anniversary gifts, too...
IF IT WAS ONLY ONE THING
ABOUT WOBAMA THAT MAKES HIM SO WRONG. YET, IT’S A MULTITUDE OF REALITIES; FROM
INVARIABLY BROKEN CAMPAIGN PROMISES (Roche 'The
worst part of it ...Obama, who vowed
change, has done almost nothing to fix any of it and in fact continues most of
the policies that helped get us here in the first place’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billions from the fraud ) Cases
against Wall Street lag despite Holder’s vows to target financial fraud WP Obama has promised to hold Wall Street accountable
for the meltdown. ‘THE OBAMA DECEPTION’ http://albertpeia.com/obamadeceptionhighqualityversion.flv
, etc.) , TO VERY REAL BIRTH ISSUES (WHAT PERSON FAILS TO GET THEIR
PLACE OF BIRTH CORRECT – THE FRAUDULENT WOBAMA KIND http://albertpeia.com/wasntbornintheusa.htm http://albertpeia.com/obp.jpg http://albertpeia.com/impeachobama.htm ) , TO THE CURRENT OBFUSCATING
FRAUD, 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…’ } , WOBAMA ET ALS’ DISINGENUOUS ATTACKS AGAINST
ROMNEY ON WHAT WAS PRIZED AND LAUDED AS LEGAL, COMPETENT MANAGEMENT INCREASING
SHAREHOLDER WEALTH (THE TASK OF COMPETENT MANAGEMENT) IN THOSE BLOATED,
NON-COMPETITIVE TIMES CONTRASTED WITH WOBAMA’S UNPRECEDENTED FURTHER
BANKRUPTING OF THE NATION AND INDISPUTABLE FAILURE AS PRESIDENT (Obama's
Legacy: A Failed Recovery & Double-Dip Recession Forbes / Mariotti ‘…There will be no significant recovery in the United
States of America while Barack Obama is President. The evidence is
overwhelming: everything Obama has tried to fuel a recovery (with his
Democratic allies in Congress) has failed. Statistics claiming jobs saved
by the stimulus package were mostly fiction, and cost American taxpayers about
$275,000 each. Nearly 2-1/2 million fewer Americans have jobs than before
the stimulus. Barack Obama has been President for 30 months—2-1/2 years. He
spent the first year obsessed with passing Obamacare, a program that doesn’t
create jobs, but might destroy a lot of them. He “bailed out” GM, but
many believe that his interference didn’t save GM; it merely cost taxpayers an
extra $15-20 billion, and stole from legitimate investors to buy off the UAW.
His broken campaign promises are too numerous to list…’). IT
IS NOTHING SHORT OF TRAGEDY TO SEE PEOPLE DELUDE AND MAKE FOOLS OF THEMSELVES
IN SUPPORT OF JIVE-TALKING GRIFTER/CON-MAN OBAMA. GOOD BYE FORMER FAILED
PRESIDENT WOBAMA … GOOD RIDDANCE!
Obama: 'We get Virginia, we win' { Well there you go….it’s now
a one state Presidential race, winner take all…Wow!...The scary thing is that
wobama seems to believe his own b***s***, even when he knows same to be false;
as, ie., Dreams, etc.. Another choom gang fantasy? He really insults people’s
intelligence. I personally believe, and strong case can be made, that wobama,
like fellow chitown pol jackson, jr., suffers from psychological disorder(s).
Indeed, at the least, from psychogenic/dissociative amnesia that makes the
aforementioned facts beyond the grasp of his ‘current unreality’. I also
believe that his heavy near everyday powerful pot (choom) use took its toll on
his cognitive functions that have facilitated his outlandish claims and
outright fabrications; exactly what the nation cannot afford in these
critical/perilous times! }
Obama Blames GOP for Inability to Pass Immigration Reform {
Riiiiight! Along with all wobama’s other broken campaign promises, some within
his executive branch exclusive control, ie., those promised prosecutions of the
biggest wall street frauds that never came, etc.. Always somebody else’s fault
according to wobama the no accountability man, who motto is the debased buck
stops with anyone but him. How pathetic! }
84
Statistics That Prove The Decline Of The Middle Class Is Real And That It Is
Getting Worse
http://albertpeia.com/84statsdeclinemidclassrealgettingworse.htm
IT’S
OFFICIAL: It’s Been Announced That ‘Currency Wars’ Are Back On
Business
Insider | Brazilian Finance Minister Mantega has just
blasted the Fed’s QE3 policy for setting off “Currency
Wars”.
Have
the Last 5 Years Been Worse than the Great Depression?
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 }
