Business Summary Links By Day
Americans
Are Literally Being Worked To Death
http://albertpeia.com/americansworkedtodeath.htm
{ I personally believe a new
category of anxiety disorder has arisen in america which probably would fall
within the broader genus of ‘obsessive compulsive’;viz., the obsessively
compulsive trait being overuse of cell phones/text messaging, etc., in some
instances to the point where fingers are literally rendered ‘raw’ from the
typing. Such, of course, is famously promoted/encouraged (tweets, etc.) by the
media, ‘celebs’, etc., and of course the ‘sellers’ of the China-made gadgets,
ie., apple (I-phones, etc.), etc.. And, despite being invariably sympathetic to
the plight of kids generally, I really must say it’s really rather startling
and pathetic! } , 19
Signs That America Is Being Systematically Transformed Into A Giant
Surveillance Grid
http://albertpeia.com/usasurveillancegrid.htm , 10 states stealing California's population { Stealing? I
don’t think so. There’s really nothing positive to say about california as a
(w)hole! Only jersey is worse! http://albertpeia.com/calihole.htm And, as recently as the Reagan ‘80’s that
was not nearly the case concerning california which has fallen far and fast.
} ,
There’s No Engine For
Global Growth (China Edition) http://albertpeia.com/theresnoengineforglobalgrowth.htm , Get
Your Fake Tungsten-Filled Gold Coins Here
ZeroHedge.com , Winners
Lose As Safety Outperforms UPDATE: CAT is sliding AH after noting higher chance of
recession and cuts 2015 EPS guidance from $15-20 to $12-18 , In
Preview Of Inevitable Unhappy QEnding, Overeager German Safecrackers Blow Up
Bank It looks like someone took a
page from the Bernanke open-ended playbook, who when tasked by Chuck Schumer to
"get to work, Mr. Chairman", and realizing
his job is on the line, literally bet the Fed's political ranch on the biggest
liquidity tsunami ever conceived in Keynesian history with consequences which
as Gary Kaminsky explained earlier, will be akin to a Kamikaze pilot, if one
who has over 310 million passengers. That someone was one or more German
safecrackers in the town of Nottuln-Darup, who were eagerly pursuing their New
Normal patriotic duty to release some bank reserves into broad circulation
by blasting through a safe on Sunday night, when they used some extra laced
C-4, in the process blew up the entire bank, shattering windows across the
street, and causing hundreds of thousands of euros worth of damage. Perhaps
this, more than anything, is the best visual of just what Bernanke's
attempt to unclog the "bank plumbing" will look like in the end,
even better than Zimbabwe coordinated 1
million man flush. The silver lining: at least they added to German GDP: if
today's Ifo number is any indication, Germany desperately needs it. , Meanwhile
In Downtown Camden As we reported
earlier, Camden may be broke, the local police may now be history,
unemployment may be 50%, it may be nothing more than one big crack cocaine
depot and driving through downtown at less than 88 mph may be hazardous to your
health, but that wasn't always the case. In fact, back in 2009 the city had
enough money to afford billboards. Such as this one on the intersection of Dr
Charless Brimm Blvd and S. Broadway, courtesy of Google
StreetView (sorry iPhone 5 users: you can't see this). Brought to you by www.joncorzine09.com , Spanish
Military Threatens Treason As Catalonia Seeks Secession Referendum { As an aside, it should be noted that
Catalonia is birthplace to my all-time favorite and many of the world’s
greatest artists. } , With
$1.6 Trillion In FDIC Deposit Insurance Expiring, Are Negative Bill Rates Set
To Become The New Normal? , Guest
Post: Pavlov's Dogs - An Overview Of Market Risk , Confirming
US Dumbification, Verbal SAT Scores Just Hit Record Low , Guest
Post: The Greatest Trick The Devil Ever Pulled Never try to teach a pig to sing, advised Robert Heinlein. It
wastes your time and it annoys the pig. Similarly, never try to convince
a central banker that his policies are destructive , Kaminsky:
"Bernanke Is Now A Kamikaze Pilot" In a little under four minutes, CNBC's Gary Kaminsky provides a
voice of reason amid the 'Gold-and-Bonds-are-in-a-bubble-but-Apple-is-awesome'
meme. Reflecting on some of the mind-blowingly crazy statistics of this
market's recent inexorable rise, central bank balance sheet eruptions, and
valuations; Kaminsky (an ex-PM as opposed to 'reporter') provides six
clarifying words: "We know this will end
ugly!" From the lack of credibility of any Fed exit, to the
explosion of the monetary base, Gary moves back and forth from Japan as an
ever-more-obvious template for our path past the Keynesian endpoint. Finally,
he concludes that: "Bernanke
is a kamikaze pilot... experimenting [in monetary policy] and is destined to
fail." , David
Rosenberg On The 'One-Trick Pony Market'
Global economic fundamentals are awful, bearish divergences are occurring
everywhere, investor sentiment is nearing bullish extremes, political risks
remain high and last week's market performance can be summed up in four words -
'lack of follow through'. As
Gluskin Sheff's David Rosenberg explains, more than two-thirds of the rally points the stock market has enjoyed
since the summer-time lows occurred around central bank policy announcements. So the
market is really a one-trick pony here, breathing in the fumes of central bank
liquidity , America's
Deadliest And Poorest City Set To Disband Its Entire Police Force Over Budget
Crisis While the stock market in
the US continues to surge (if not so much in China where the composite is back
to 2009 lows) as the relentless liquidity tsunami makes its way into stocks,
and other Fed
frontrunning instruments, and only
there, reality for everyone else refuses to wait. Last
week we saw reality striking in Greece, where a section of Athens literally
shut down after it ran out of all cash. Today, reality comes to the US, and
specifically its poorest city, Camden, which is a twofer, doubling down also as
America's deadliest city. It turns out Camden is about to become even
deadliest-er, as its police force is set to be disbanded following a budget
crisis in this effectively insolvent city.
, The
Fed Is Systematically Destroying Social Security And The Retirement Plans Of
Millions Posted by : ilene
Post date: 09/24/2012 - SS Ponzi is approaching a
cliff. , Following
QE8, Japanese Teachers' Pension Fund Goes All-In: Focus on 'Return' Not 'Risk' Haven't we seen this picture before - and it
didn't end well? , Guest
Post: QE For the People - What Else Could We Buy With $29 Trillion? In a
system that depends on lies and the credulity of the citizenry, the greatest
lie is that the Federal Reserve's "quantitative easing" bailouts of
the banks somehow help our citizens and communities , Janjuah
Stopped Out ‘…Nomura's Bob Janjuah remains 100% correct in his
diagnosis and prognosis of the current 'grossest misallocation and
mispricing of capital in the history of mankind'… "...risk assets are in a bubble which of course can extend, but
which can reverse sharply and suddenly. Up here, 'valuation metrics' are not
going to help much... this bubble could extend for maybe a few months and by up
to 10%, ...but that we could see global equity markets 10/15% lower in
virtually a 'heartbeat'." , Overnight
Sentiment: 'Rumors Regurgitated, Refuted' Redux As German Economy Slips Again , Greece
Caught Underreporting Its Budget Deficit By Nearly 50% , The
Global Trade Cycle Turns Lower , Daily
US Opening News And Market Re-Cap: September 24 Risk-averse sentiment dominated the
first half of the session today, as market participants digested yet another
disappointing macro economic data release from Europe (German IFO), which fell
for a fifth consecutive month. In addition to that, EU’s Van Rompuy said that
he sees tendency of losing the sense of urgency, likely pointing the finger at
Spain which is yet to request monetary assistance to prevent another
speculative attack. It remains unclear when the official request will be made,
but there is a risk that the application will only take place after regional
elections in late October or even after the Eurogroup meeting in November.
Finally, German finance ministry spokesman said that leveraging the ESM to EUR
2trl, as reported by Der Spiegel over the weekend, is not realistic and called
the report completely illusionary. As a result, peripheral bond yield spreads
are wider, with Italian bonds underperforming as markets prepare for this
week’s supply from the Treasury. Heading towards the North American cross over,
EUR/USD is seen lower by around 75pips and is trading in close proximity to the
1.2900 level, with bids said to be placed below. Talk of dividend related
buying in GBP/USD, as well as EU budget related selling in EUR/GBP by two
different UK clearers helped support GBP/USD. Going forward, there are no major
economic releases set for the second half of the session, but the BoE will
conduct its latest APF and the Fed will buy between USD 1.5-2bln in its latest
POMO.
Submitted by Tyler Durden on 09/24/2012
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 }
