Note: I’m here in San Diego County in my new/old
39 foot Chevy Motorhome. I can’t get a signal for my Verizon LG smartphone
(I’ll be taking a spin in my Ford Explorer in search of a signal; my VOIP
phone, magicjack requiring a broadband connection, is currently not up except
for voicemail). The radio reception is also limited which led me to ‘sample’
some limited AM offerings which included shallow sean hannity the hallmark of
insanity, and ‘rush revere’ [limbaugh… he’s totally burnt out (the consequence of
his being ‘tired of carrying the water for the republican party’? - his own
words), relegated now to authoring children’s illustrated books of a simplistic
nature]. Shallow sean’s latest ‘crusade’ (beyond the same note/key obvious
debacle of wobamacare) was defense of the indefensible mobster but friend of
sean’s, donald trump (trump should be in jail). In defense of t_rump, he offers
up the itsy-bitsy, teeny weeny wohlman skating rink project as evidence of
t_rump’s contribution to NYC (too small for high new york priority given the
magnitude of New York substantial problems, some largely the result of trumpish
tastes, ie., solid gold trump tower fixtures, etc., that trump’s ‘pre-packaged
bankrupcies’ seem to fail to touch, and which extravagance must be paid for by
someone, but not him). Shallow sean’s excoriation of new york city never seems
to link the obviousness of t_rump’s grandstanding responsibility for same.
After all, someone ultimately has to pay for trump’s disproportionate
non-value-added livin’ large. No talk of trump’s ingratiating bribe strategy
for protection ( ie., retainer’s to law firms linked to state attorney
generals, viz., {kimmelman} wolf and sampson, chris droney’s brother, his
sister’s protection/corruption and quid pro quo from the federal bench, etc.,
and as well, protection of drug-money laundering through his now nominal only
casinos … See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm .
Trump’s a fraud! I won’t be listening to ‘rush revere’ or shallow sean
prospectively. They’re a waste of time and preposterous given their unbridled
support of war criminals bush, cheney, etc., and the failed debacles they
created, etc……
Today’s
Current Topics/Articles/News
Submitted by williambanzai7 on 12/01/2013
Commemorative
Prints Now Available: [email protected]
Submitted by Tyler
Durden on 12/21/2013
"The powers of financial capitalism had (a) far-reaching
aim, nothing less than to create a world system of financial control in private
hands able to dominate the political system of each country and the economy of
the world as a whole. This system was to be controlled in a feudalist fashion
by the central banks of the world acting in concert, by secret agreements
arrived at in frequent meetings and conferences. The apex of the systems was to
be the Bank for International Settlements in Basel, Switzerland; a private bank
owned and controlled by the world's central banks which were themselves private
corporations. Each central bank... sought to dominate its government by its
ability to control Treasury loans, to manipulate foreign exchanges, to
influence the level of economic activity in the country, and to influence
cooperative politicians by subsequent economic rewards in the business world." - Carroll Quigley, member of the Council on
Foreign Relations
The
Emperor At Christmas...
Northern
Koreans are queer
The
life that they live draws a tear
Games
are all banned
Except
Missile Command
They
need it to fire their gear
The
Limerick Cat is King
Submitted by williambanzai7 on 12/18/2013
Submitted by williambanzai7 on 12/17/2013
Submitted by williambanzai7 on 12/15/2013
"Just
as we did for the Occupy Wall Street protestors in Zucotti Park and the Snow
Park encampment in Oakland, we are here to support your just cause…"
WB7:
Just
sayin'
Submitted by williambanzai7 on 12/14/2013
Submitted by williambanzai7 on 12/12/2013
I'm
dreaming of a white noise Christmas
Just like the ones I used to know
Where the tower tops glisten
And spooks can't listen
To hear our data in the snow
With every Christmas card emailed
May your days be merry and bright
And may all
Your Christmases be quiet...
MERRY
CHRISTMAS ED, wherever you are...
From
WilliamBanzai7 and the rest of the fringe low brows at Zero Hedge
Submitted
by williambanzai7 on
12/09/2013
.
.
Submitted by williambanzai7 on 12/07/2013
The
slippery slope to Fascism is coated with radioactive wasabi...
Submitted by williambanzai7 on 12/06/2013
Submitted by williambanzai7 on 12/03/2013
Weekend
Krugman
Submitted by Tyler Durden on 12/04/2013 - 16:03
While hardly as spectacular as Hugh Hendry's supernova flameout, or the far more boring, slow
motion conversion of the assorted other famous and less famous bears, a
legendary hedge fund titan has decided he too has no use for excess capital in
this broken market. No surprise then that Institutional Investors' Alpha reports that Baupost's
Seth Klarman is returning $4 billion in capital to investors for only the
second time in its history due to "a lack of investment opportunities."
And watching how the epic farce that Bernanke's wealth effect known as the
Stalingrad & Poorski trades in the last 30 minutes of every day nobody can
blame him. And no, Klarman is not returning cash due to some hidden
underperformance: "Baupost’s many partnerships were up 13 percent, on
average, through the September quarter. Its annualized return since inception
is in the high teens." This happens to push it in the top decile of all
hedge funds in 2013.
Submitted by williambanzai7 on 12/02/2013
Submitted by williambanzai7
on 11/28/2013
HANK’S RESTAURANT
(Arlo Guthrie--Alice’s Restaurant)
Adapted by WilliamBanzai7
This song is called Hank’s Restaurant,
and it’s about Hank,
and the restaurant,
but Hank’s Restaurant is not the name of the restaurant,
that’s just the name of the song,
and that’s why I called the song Hank’s Restaurant.
You can take anything you want from Hank’s Bailout Restaurant
You can take anything you want from Hank’s Bailout Restaurant
Walk right in it’s around the back
Just a half a mile from the Federal Reserve Bank
You can take anything you want from Hank’s Bailout Restaurant
Now it all started Hanksgiving Day 2008
when my friend Fabulous Fab and I went up to visit Hank at the
restaurant,
but Hank doesn’t like sittin in there,
he likes sittin near a fella named Blankfein in Goldman Sachs’
Wall Street office,
in a big glass tower.
And being in a tower like that,
they got a lot of room downstairs.
Havin’ all that room,
they decided that they didn’t have to take out their subprime
garbage for a long time.
We got up there,
we found all the toxic subprime garbage in there,
and we decided it’d be a friendly gesture for us to take the
garbage down to the Federal Reserve shitty deal dump, Maiden Lane.
So my friend and I took the $700 billion tons of subprime
garbage,
put it in the back of a red Humvee stretch limo, including CDSs
and CDOs and other implements of financial
mass destruction and headed on toward the Maiden Lane shitty
deal dump.
Well we got there and there was a big sign and a chain across
across the dump saying,
"By order of Emperor Benron--No Dumping on Hanksgiving."
And we had never heard of a shitty deal dump closed on
Hanksgiving before,
and with tears in our eyes we drove off into the sunset looking
for another place to put the toxic asset garbage.
We didn’t find one.
Until we came to a side road,
and off the side of the side road there was another financial
black hole hole and at the bottom of the hole there was
a big pile of Wall Street garbage, offering circulars, stress
tests, analyst reports, mortgage notes and such.
And we decided that one big pile is better than two little
piles,
and rather than bring that one up we decided to throw our’s
down.
That’s what we did, and drove back to the restaurant,
had a Thanksgiving dinner that couldn’t be beat,
went to sleep and didn’t get up until the next morning,
when we got a phone call from Porn Commissioner Cox.
He said, "Kid, we found your name on an Abacus offering
circular at the bottom of a half a ton of shitty deals,
and just wanted to know if you had any information about
it."
And I said, "Yes, sir, Mr. Porn Commissioner,
I cannot tell a lie, I put that Abacus offering circular under
that garbage."
After speaking to Porn Commissioner Cox for about fourty-five
minutes on the telephone we finally arrived at
the truth of the matter and said that we had to go down and
pick up the subprime garbage,
and also had to go down and speak to him at the Porn
Commission’s NY Regional office.
So we got in the red Humvee Limo with the CDOs and CDSs and
implements of financial mass destruction and
headed on toward the Porn office upstairs at Score’s.
Now friends, there was only one or two things that the
Commissioner coulda done at the Porn office,
and the first was he could have shown us some hot porn tubes of
Mary Schapiro doin the deed,
which wasn’t very likely, and we didn’t expect it,
and the other thing was he could have bawled us out and told us
never to be seen driving toxic asset backed
garbage around the vicinity of Wall Street again,
which is what we expected,
but when we got to the Porn Commission’s office there was a
third possibility that we hadn’t even counted upon,
and we was both immediately arrested.
Handcuffed.
And I said Mr. Porn Commissioner sir, I don’t think I can pick
up the toxic garbage with these handcuffs on.
He said, "Shut up, kid. Get in the back of the car."
And that’s what we did, sat in the back of the car and drove to
the quote Scene of the Crime unquote.
I want tell you about Wall Street, where this happened here,
they got three Federal regulators, the SEC, the
CFTC and the FBI, but when we got to the Scene of the Crime
there was all kinds of Black Ops people running
around,
this being the biggest financial crime of the last five
consecutive Wall Street trading days,
and everybody wanted to get in the newspaper story about it.
And the TSA, they was using up all kinds of equipment that they
had hanging around the anti-traveler unit.
They was taking plaster tire tracks, finger prints, dog smelling
prints, and they took twenty seven eight-by-ten
glossy back scatter scans with circles and arrows and a
paragraph on the back of each one explaining what each
one was to be used as evidence against us.
Took scans of the approach, the getaway, the northwest corner
the southwest corner and that’s not to
mention the aerial drone photography.
After the ordeal, we went back to the jail.
Porn Commissioner Cox said he was going to put us in the cell.
Said,
"Kid, I’m going to put you in the cell, I want your wallet
and your belt."
And I said, "I can understand you wanting my wallet so I
don’t have any money to spend in the cell,
but what do you want my belt for?"
And he said, "Kid, we don’t want any hangings."
I said, "did you really think I was going to hang myself
for financial intermediation?"
Porn commissioner Cox said he was making sure,
and friends the Porn Commissioner was,
cause he took out the toilet seat so I couldn’t hit myself over
the head and drown,
and he took out the toilet paper so I couldn’t bend the bars
roll out the – roll the toilet paper out the window,
slide down the roll and have an escape.
The PornCommissioner was making sure,
and it was about four or five hours later that Hank (remember
Hank? It’s a song about Hank),
came by and with a few nasty words to Porn Commissioner Cox on
the side,
Bailed us out using Federal taxpayer money,
and we went back to the restaurant,
had a another Hanksgiving dinner that couldn’t be beat!!
You can take anything you want, from Hank’s Bailout Restaurant
You can take anything you want, from Hank’s Bailout Restaurant
Walk right in it’s around the back
Just a half a mile from the Federal Reserve Bank
You can take anything you want, from Hank’s Bailout Restaurant
WB7: This is my favorite Thanksgiving song. It is also the only
one I know.
Arlo Authrie, if you don’t know him, is the son of Woody
Guthrie, a famous folk singer who was no friend of Wall Street.
I originally did this version of Alice’s Restaurant in September
2008. This is my updated version, which is really an excuse for me to play this
song for you and to once again say…
HAPPY HANKSGIVING ALL!!
WB7
Submitted by williambanzai7 on 11/29/2013
Animal studies made famous by John Calhoun (1962)
show that crowding in the animal world results in what he calls the
"behavioral sink."
Human studies made famous by Dr Satoshi Nakamura
show that intensive rounds of Keynesian money printing in the financial
world result in what he calls the "Walmart sink" and what Dr Ben
Bernanke calls the "Kitchen Sink".
Submitted by williambanzai7 on 11/25/2013
.
Bernanke is printing out bones
His favorite's the one for Dow Jones
Her Keynesian schooling
Has Old Yellen drooling
As she licks her androgynous zones
The Limerick King
Submitted by williambanzai7 on 11/18/2013 13:45 -0500
Submitted by williambanzai7 on 11/19/2013
“TO BIT OR NOT
TO BIT”
WilliamBanzaiShakespeare
To Bit, or not to Bit: that is the question:
Whether ’tis nobler in the mind to suffer
The slings and arrows of outrageous fiat distortions,
Or to take arms against a sea of endless bubbles,
And by opposing end them? To die: to sweep;
No more; and by a sweep to say we end
The heart-ache and the thousand Wall Street schtupps
That insolvent flesh is heir to, ’tis a con-flagellation
Devoutly to be dish’d. To die, to sweep;
To sweep: perchance to scream: ay, there’s the hubub;
For aft that sweep of bankster dregs what new reams may come?
When we have shuffled off the immoral coinage,
Must give us pause: there’s the hazard of moral neglect
That makes calamity of sound money life;
For who would bear the whips and scorns of fiat debasement ,
The oppressor’s wrong, the borrowing idiot's contumely,
The pangs of despised austerity, the law of gravity's delay,
The insolence of central banking office and the spurns
That impatient murmur of money changing snakes,
When he himself might his quietus make
With a Benjamin Bernankin? who would QE fardels bear,
To grunt and sweat under a weary life of indebtured servitude,
But that the dread of something after redemption prior to maturity,
The undiscovered monetary wasteland from whose bourn
Are no asset returns, puzzles the will
And makes us rather bear those monetary ills we have
Than fly to others that we know not much of?
Thus risk avoidance does make cowards of us all;
And thus the creative hue of fiscal revolution
Is sicklied o’er with the pale cast of doubt,
And genius enterprises of great pith and moment
With this regard alternative currencies turn awry,
And lose the name of action.–Soft you now!
And now the Bitcoin hysteria…
While Banksta pimps 'r in thy orfices
Be all our financial sins and cowardices priced in.
According to a whistleblower that has recently
come forward, Census employees have been faking and manipulating U.S.
employment numbers for years. In fact, it is being alleged that this
manipulation was a significant reason for why the official unemployment rate
dipped sharply just before the last presidential election. What you are
about to read is incredibly disturbing. The numbers that the American
people depend upon to make important decisions are being faked. But
should we be surprised by this? After all, Barack Obama has been caught telling dozens of major
lies over the past five years. At this point it is incredible that
there are any Americans that still trust anything that comes out of his
mouth. And of course it is not just Obama that has been lying to
us. Corruption and deception are rampant throughout the entire federal
government, and this has been the case for years. Now that some light is being
shed on this, hopefully the American people will respond with overwhelming
outrage and disgust. (Read More....)
Submitted by williambanzai7 on 11/15/2013 10:28 -0500
Submitted by williambanzai7 on 11/13/2013 14:47
Here they are. WilliamBanzai7's Special Holiday
Puke Fine Art Print Editions just in time for the Christmas Holidays…
.
.
Dear Friends,
Here before you is a truly historic series of
images that I have painstakingly adapted to the current state of sordidly
odiferous political/financial affairs.
Years from now, there will be little doubt over
what the artist was seeing and thinking contemporaneously in the year 2013.
I am not going to oversell these pictures. They
speak for themselves.
They also demonstrate how history truly rhymes on
Wall Street.
I have all of these in very large high resolution
files. So every print will match the highest standards of fine art print
production.
As you can see, I have departed from normal
practice by offering these prints in an assortment of sizes. I have done this
solely to maximize your
participation by spreading price points. Bear in
mind that the amount of personal time and effort involved is the same
irrespective of print size.
Each print will be signed, numbered and dated
December 25, 2013.
I know that many of you are suffering various
levels of economic hardship in these trying times. As is always the case, you
are free to print these off for your own personal use.
I truly appreciate all the the moral and
financial support that I receive from all of you.
As you know, the primary reason that I am doing
these prints is to signify my gratitude in return for your generous support for
my endeavors.
It is my sincerest wish that the situation will
turn sooner than later so that each and everyone of us can return to
personal prosperity.
Best wishes to you all,
And Fuck You Ben Bernanke!
WB7
Submitted by williambanzai7
on 11/12/2013
How
many lies can one president tell and still retain any credibility? What
you are about to see is absolutely astounding. It is a long list of
important promises that Barack Obama has broken since he has been
president. If he had only told a few lies, perhaps the American people
would be willing to overlook that. After all, pretty much all of our
politicians our liars. Unfortunately, many of the lies that Obama has
told appear to have been quite cold-hearted in nature. For example, Barack
Obama repeatedly made the promise that “you
will be able to keep your health care plan” under Obamacare. But now
we are learning that he knew that this was a lie all along. Not only
that, the Democrats in Congress knew that this was a lie all along too.
In fact, U.S. Senator Kirsten Gillibrand, a Democrat, said
the following when she was asked about Obama’s promise to the American
people recently: “He should’ve just been specific. No, we all knew.” You
can see video of her making this statement right
here. The truth is that they all knew that millions upon millions of
Americans would lose their current health care policies under Obamacare.
They deliberately lied just so that they could get the law passed.
And
of course this is far from the only major lie that Obama has told in recent
years. The following is a list of 23 famous Obama quotes that turned out
to be broken promises or cold-hearted lies…
#1 “If you like
your doctor, you will be able to keep your doctor. Period. If you like your
health care plan, you will be able to keep your health care plan. Period. No
one will take it away. No matter what.”
#2 “My
administration is committed to creating an unprecedented level of openness in
government.”
#3 “We agree on
reforms that will finally reduce the costs of health care. Families will save
on their premiums…”
#4 “I don’t want
to pit Red America against Blue America. I want to be the president
of
the United States of America.”
#5 “We’ve
got shovel-ready projects all across the country that governors and
mayors are pleading to fund. And the minute we can get those investments
to the state level, jobs are going to be created.”
#6 “And we will
pursue the housing plan I’m outlining today. And through this plan, we will
help between 7 and 9 million families restructure or refinance their mortgages
so they can afford—avoid foreclosure.”
#7 “I will sign a
universal health-care bill into law by the end of my first term as president
that will cover every American and cut the cost of a typical family’s premium
by up to $2,500 a year.”
#8 “We reject the
use of national security letters to spy on citizens who are not suspected of a
crime.”
#9 “For people
with insurance, the only impact of the health-care law is that their insurance
is stronger, better, and more secure than it was before. Full stop. That’s it.
They don’t have to worry about anything else.”
#10 “We will close
the detention camp in Guantanamo Bay, the location of so many of the worst
constitutional abuses in recent years.”
#11 “Allow
Americans to buy their medicines from other developed countries if the drugs are
safe and prices are lower outside the U.S.”
#12 “We will
revisit the Patriot Act and overturn unconstitutional executive decisions
issued during the past eight years.”
#13 “Will ensure
that federal contracts over $25,000 are competitively bid.”
#14 “We reject
sweeping claims of ‘inherent’ presidential power.”
#15 “Will
eliminate all income taxation of seniors making less than $50,000 per year.
This will eliminate taxes for 7 million seniors — saving them an average of
$1,400 a year– and will also mean that 27 million seniors will not need to file
an income tax return at all.”
#16 “We support
constitutional protections and judicial oversight on any surveillance program
involving Americans.”
#17 “If we have
not gotten our troops out by the time I am president, it is the first thing I
will do. I will get our troops home, we will end this war. You can
take that to the bank.”
#18 “Will not sign
any non-emergency bill without giving the American public an opportunity to
review and comment on the White House website for five days.”
#19 “The President
does not have power under the Constitution to unilaterally authorize a military
attack in a situation that does not involve stopping an actual or imminent
threat to the nation.”
#20 “We have a
choice in this country. We can accept a politics that breeds division and
conflict and cynicism…. That is one option. Or, at this moment, in this
election, we can come together and say, ‘Not this time….’”
#21 “We’ve got to
spend some money now to pull us out of this recession. But as soon as we’re out
of this recession, we’ve got to get serious about starting to live within
our means, instead of leaving debt for our children and our grandchildren and
our great-grandchildren.”
#22 “[T]oday I’m
pledging to cut the deficit we inherited in half by the end of my first term in
office. This will not be easy. It will require us to make difficult decisions
and face challenges we’ve long neglected. But I refuse to leave our children
with a debt that they cannot repay – and that means taking responsibility right
now, in this administration, for getting our spending under control.”
#23 “I, Barack
Hussein Obama, do solemnly swear that I will execute the office of president of
the United States faithfully, and will to the best of my ability, preserve,
protect, and defend the constitution of the United States.”
About
the author: Michael
T. Snyder is a former Washington D.C. attorney who now publishes The Truth. His new thriller entitled “The
Beginning Of The End” is now available on Amazon.com.
Since when can a president change a law all by
himself? By unilaterally declaring that certain provisions of Obamacare
will not be enforced, Barack Obama is making a mockery of the U.S.
Constitution. For those that have not read it, the U.S. Constitution says
that the president “shall
take Care that the Laws be faithfully executed“. So when Obama
declares that he will not enforce certain provisions of Obamacare for a year,
he is directly violating the Constitution. And as Stanford Law School
Professor Michael McConnell wrote back in July, the Office of Legal
Counsel for the Justice Department “has always insisted that the president has
no authority, as one such memo put it in 1990, to ‘refuse to enforce a statute
he opposes for policy reasons.’” This is an open and shut case. If
the U.S. Congress still had a shred of respect for the Constitution, they would
immediately demand that Obama enforce the law as written. If Obama
refused, they should immediately impeach him. We are a country that is
run by the rule of law, and just because Obama’s new law completely screws up
one-sixth of the economy does not mean that he can unilaterally change
it. In our system, Congress makes the laws and the president enforces
them. If we allow any president to unilaterally change laws whenever he
does not like them, then that puts us dangerously close to having a dictator in
the White House. (Read More.....)
Submitted by williambanzai7 on
11/20/2013
The
Law demands that we atone
When we take things
that we don't own;
But leaves the lords
and ladies fine
Who take things that are
yours and mine...
Anonymous, circa 1764
.
.
The dice of this moron are loaded
All trust in our system's eroded
But still he plays on
A Kleptocrat Con
He'll play till the world has exploded
The Limerick King
.
.
.
.
.
.
Commemorating 100 Years of Central Bankster
Schtupping
[I am just too stupid to figure out why this
picture won't center. It's not that I haven't spent 15 minutes staring at the
damned HTML code]
WB7
We Americans are basically a very simple people.
Our formula for past successes has essentially
been distilled as follows: maintain a "can-do" attitude, believe in
the "American way", honest hard work will be rewarded, abundant
opportunity and upward mobility for all.
Those who play the prosperity game correctly may
look forward to retirement in a spleniferous life of leisure and
Obamacare.
Once upon a time, this is is what American
Thanksgiving was supposed to look like...
Most Americans desperately cling to the foolish
Ponzi pipe dream of a notion that this Thanksgiving dream is still possible.
And for some PhD morons who evidently borrow
subprime QE money to purchase shitty American vehicles made principally of
plastic components sourced in Shenzen, the dream has been fullfilled.
Unfortunately, for reasons far to numerous to
enumerate in this post, this is all just a Ponzi Pilgrim's delusion.
There is one big kahuna of a fucking reason so
very plainly obvious.
When it comes to ridding our fucking system of
finance, the "fucking system" if you will, of all the learned fucking
thieves sitting the top of the fucking Ponzi pyramid, we are hopelessly screwed
up each and every one of our Holland and Lincoln Tunnels.
The same cheap fucking QE paper that buys those
shitty vehicles will also pay the much ballyhooed $13 Billion JPM shyster fine.
Half of JPM's profits in 2013.
Gobble fucking Goebbels.
I won't insult anyone's fringe low brow intelligence
by asking who has been convicted.
In any event, such a scenario is far to fetched
to even consider.
Instead I will pose the following question:
The biggest most egregious case of financial
fraud and chicanery by a US banking institution measured by the fiat of the
fine.
The biggest fine ever!
"Hoooly Cow!"--Phil Rizutto
Have the regulators who are in charge of the
whole JP Clusterfuck (you know the ones who keep getting reappointed, promoted
or hired by private equity firms) applied their very substantial leverage to
force the Shyster in Chief of JP Cesspool to cede his shysterly position by
resigning?
Is this something that could have happened? Of
course it is.
Don't believe me?
Go and ask our distinguished colleague Bill
Black, Esq what he thinks.
Does the fact that the same schlemiel will remain
in charge of the old JP Cesspit send the rest of us a message?
You better believe it does...
Whatcha are you gonna do sisters and brothers?
Sadly, for most of the rest of America it all
boils down to this...
Goebbel, Goebbel, Goebbel!
Atheist
'mega-churches' take root across US, world { They are intellectually dishonest, disingenuous, and most importantly,
absolutely wrong. Quite simply, atheists are pathetic! }
Knox's
knife DNA casts doubt on murder weapon
{ I’ve had occasion to
read the well-written book ‘Murder in Italy’ by award-winning italian-american author,
Candace Dempsey, which documents the horrific travesty called ‘italian justice’
(actually blatant injustice) torturously imposed upon Amanda Knox et als (rudy
guede excepted). So outrageous but typical of these typical italians ( like
packs of the rabid dogs they are pre-disposed to be). (Parenthetically, my
grandparents, both of whom I loved and respected – Elsie/Nanny, Bari, Italy and
Martin/Mario/PopPop (Peia), Lake Como, Italy – were not typical as such; but
rather, thoroughly modern in all respects relative to time and extremely
civilized in a manner to be emulated … although, truth be told, I found
italians with mob/mafia links/connections/sympathies to be like those rabid
perugians/italians who outrageously pilloried Amanda Knox, See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm ) }
Submitted by williambanzai7 on 11/16/2013 22:04 -0500
.
You may find what is happening at
one Wal-Mart in Ohio very hard to believe. At the Wal-mart on Atlantic
Boulevard in Canton, Ohio employees are being asked to donate food items so
that other employees that cannot afford to buy Thanksgiving dinner will be able
to enjoy one too. You can see a photo of the donation bins that has been
posted on Twitter right
here. On the one hand, it is commendable that someone at that
Wal-Mart is deeply concerned about the employees that are so poor that they
cannot afford to buy the food that they need for Thanksgiving. On the
other hand, this is a perfect example that shows how the quality of the jobs in
this country has gone down the toilet. Wal-Mart is the largest employer
in the United States and it had operating income of 26.5
billion dollars last year. Wal-Mart is not required to pay their
employees a decent wage, and it is very unlikely that anyone will force them
to. But they should. Because Wal-Mart does not pay
decent wages to their employees, the rest of us end up with the bill. As
you will see below, huge numbers of Wal-Mart employees end up on Medicaid and
other government assistance programs. Meanwhile, those that control
Wal-Mart continue to enjoy absolutely massive profits. (Read More....)
If
there were any shreds of hope left that the stunning decline of the middle
class could be turned around, Obamacare has absolutely destroyed them.
Over the past decade or so, the middle class in the United States has been absolutely eviscerated. The number of
working age Americans without a job has increased by 27 million since the year 2000, median household
income in the U.S. has fallen for five years in a row, and the poverty
numbers in this country are spiraling out of control. And now
here comes Obamacare. As you will see below, Obamacare is causing
millions of Americans to lose their current health insurance policies, it is
causing health insurance premiums to explode to absolutely ridiculous levels,
and it is systematically killing jobs even though the employer mandate has been
delayed for a while. All of this is creating a tremendous amount of stress
for millions of middle class families that are already stretched extremely thin
financially. According to CNN, a survey that was conducted earlier this year found that 76
percent of all Americans are living paycheck to paycheck. Most of those
families simply cannot afford to pay much higher health insurance premiums for
new policies that also come with much larger deductibles and significantly
increased out-of-pocket costs. Millions of those families will ultimately
end up choosing to do without health insurance altogether, and that will create
a whole host of new problems. This is a disaster that is so enormous that
it is really hard to put into words. If the U.S. health care system was a
separate country, it would be the 6th largest economy on the entire globe all
by itself. And now Obamacare is going to bring the entire U.S. health
care system to its knees. (Read More....)
The
Federal Reserve is creating hundreds of billions of dollars out of thin air and
using that money to buy U.S. government debt and mortgage-backed securities and
take them out of circulation. Since the middle of 2008, these purchases
have caused the Fed's balance sheet to balloon from under a trillion dollars to
nearly four trillion dollars. This represents the greatest central bank
intervention in the history of the planet, and Janet Yellen says that she does
not anticipate that it will end any time soon because "the recovery is
still fragile". Of course, as I showed the other day, the truth is
that quantitative easing has done essentially nothing for the average person on
the street. But what QE has done is that it has sent stocks soaring to
record highs. Unfortunately, this stock market bubble is completely and
totally divorced from economic reality, and when the easy money is taken away
the bubble will collapse. Just look at what happened a few months ago
when Ben Bernanke suggested that the Fed may begin to "taper" the
amount of quantitative easing that it was doing. The mere suggestion that
the flow of easy money would start to slow down a little bit was enough to send
the market into deep convulsions. This is why the Federal Reserve cannot
stop monetizing debt. The moment the Fed stops, it could throw our
financial markets into a crisis even worse than what we saw back in 2008. (Read More....)
Americans
Are Disgusted By BOTH Republicans and Democrats Posted by : George Washington Post date: 10/11/2013 - 60% of Americans Want a Third Party Candidate
for 2016 { Make that a ‘Second
Party Candidate’ since there seems to be a morphed one party which could be
aptly called the repdemolicansocrats which has supported failure, obama’s
failure, ultimately at every turn, though contraindicated, favoring that 1%
with their ‘non-plan plan’ which has somewhat obfuscated wobama’s unequivocal
failure in terms of selling the sizzle ( like Zimbabwee, soaring
inflation/asset bubbles/paper share prices, etc.) … Bob Woodward did not mince
words in positing blame with wobama …
Yet, the incompetence/corruption is pervasive which is my direct
observation and experience … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
China
just dropped an absolute bombshell, but it was almost entirely ignored by the
mainstream media in the United States. The central bank of China has
decided that it is "no longer in China’s favor to accumulate
foreign-exchange reserves". During the third quarter of 2013,
China's foreign-exchange reserves were valued at approximately $3.66 trillion. And of course
the biggest chunk of that was made up of U.S. dollars. For years, China
has been accumulating dollars and working hard to keep the value of the dollar
up and the value of the yuan down. One of the goals has been to make
Chinese products less expensive in the international marketplace. But now
China has announced that the time has come for it to stop stockpiling U.S.
dollars. And if that does indeed turn out to be the case, than many U.S.
analysts are suggesting that China could also soon stop buying any more U.S.
debt. Needless to say, all of this would be very bad for the United
States. (Read More....)
Can
the U.S. government afford to pay for the health care of 38 million more
people? As you will see below, Obamacare is going to be the biggest
expansion of the welfare state in U.S. history. It is being projected
that a decade from now 17 million Americans will be receiving Obamacare
subsidies and an additional 21 million Americans will have been added to the
Medicaid rolls. At a time when we are already running trillion dollar
deficits, is this really something that the government should be taking on?
In addition, it is being projected that bringing millions upon millions of new
people into the Medicaid program will also cause enrollment in many other
federal welfare programs such as food stamps to surge. Right now, the
percentage of Americans that are financially dependent on the U.S. government
is already at an all-time high, and Obamacare is going to cause the level of
government dependence to go much, much higher. But how much weight can
the “safety net” actually carry before it breaks entirely? (Read More.....)
The
more Americans learn about Obamacare, the less they like it. They were
promised that under Obamacare they would be able to keep their current health
insurance plans, that health insurance premiums would be lower, and that
millions more Americans would be able to get coverage. But none of those
promises are turning out to be true. Right now, millions of Americans are
receiving cancellation notices from their health insurance companies –
including many Americans that are in a life or death battle with cancer.
By the end of next year, it is being projected that up
to 100 million more Americans could have their health insurance policies
canceled. Meanwhile, large numbers of Americans are discovering that
their “new plans” are going to cost them two, three, four or even five times as
much as their old plans cost them. You are about to see some shocking
examples of this. And now that the reality of Obamacare is really
starting to sink in for the American people, the popularity of the law is
starting to drop like a rock. According to a brand new
CBS News poll that was just released, only 31 percent of all Americans
still approve of Obamacare while an astounding 61 percent of all Americans now
disapprove of it. Perhaps if we get that number to 70 or 80 percent, the
politicians in Washington D.C. will cave in and we can get this law repealed.
So please share this article with as many people as you possibly can. The
following are 10 Obamacare horror stories that are almost too crazy to believe…
(Read More.....)
Edie Littlefield Sundby: “My grievance
is not political; all my energies are directed to enjoying life and staying
alive, and I have no time for politics. For almost seven years I have fought
and survived stage-4 gallbladder cancer, with a five-year survival rate of less
than 2% after diagnosis. I am a determined fighter and extremely lucky. But
this luck may have just run out: My affordable, lifesaving medical insurance
policy has been canceled effective Dec. 31.
My
choice is to get coverage through the government health exchange and lose
access to my cancer doctors, or pay much more for insurance outside the
exchange (the quotes average 40% to 50% more) for the privilege of starting
over with an unfamiliar insurance company and impaired benefits.”
Patricia in North Carolina:”I am a 62
year old woman who has an individual policy with BCBS of North Carolina.
My premiums are $249.50 per month. I bought the policy when I retired and
moved to NC to be closer to my aging parents. The policy is a high
deductible one with a $2700 deductible, $5000 out of pocket maximum. BCBS
has told me my plan is no longer offered due to Obamacare and that my new plan
will cost $600.55 per month and has a required an out of pocket maximum of
$6350.”
Jacqueline Proctor: Take, for
example, Jacqueline Proctor of San Francisco. She and her husband are in their
early 60s. They have been paying $7,200 a year for a bare-bones Kaiser
Permanente health plan with a $5,000 per person annual deductible. “Kaiser told
us the plan does not comply with Obamacare and the substitute will cost more
than twice as much,” about $15,000 per year, she says.
This
new plan, Kaiser’s cheapest offering for 2014, would consume about 25 percent
of their after-tax income. The new plan still has a $5,000 deductible but
provides coverage for things her current policy does not, such as maternity
care, healthy child visits and coverage for dependents up to age 26. Proctor
has no use for such coverage, since her son is 30.
Gloria Cantor: Gloria Cantor
of Florida has cancer — five brain tumors and tumors in her bones — but she
won’t have the health insurance she has relied on for her treatment for much
longer.
Mrs.
Cantor and her husband, Jay, told WFTV in Orlando that their insurance is being
dropped in order to comply with Obamacare regulations.
“The
Cantors received [a] letter in the mail [that] explains Gloria’s health
insurance will end next summer due to the Affordable Care Act,” reporter Lori
Brown says. “But after promises by President Obama … the Cantors now feel
betrayed. After the insurance company drops them, it will offer them a
different plan that it admits will be more expensive. The Cantors are especially
worried because their doctors cannot assure them that [the MD Anderson Cancer
Center] will still accept the new plan.”
A Zero Hedge Reader: My company,
based in California, employs 600. We used to insure about 250 of our employees.
The rest opted out. The company paid 50% of their premiums for about
$750,000/yr.
Under
obamacare, none can opt out without penalty, and the rates are double or
triple, depending upon the plan. Our 750k for 250 employees is going to $2
million per year for 600 employees.
By
mandate, we have to pay 91.5% of the premium or more up from the 50% we used to
pay.
Our
employees share of the premium goes from $7/week for the cheapest plan to
$30/week. 95% of my employees were on that plan. Remember, we used to pay
50% now we pay 91.5% and the premiums still go up that much!!
The
cheapest plan now has a deductible of $6350! Before it was $150. Employees
making $9 to $10/hr, have to pay $30/wk and have a $6350 deductible!!! What!!!!
They
can’t afford that to be sure. Obamacare will kill their propensity to seek
medical care. More money for less care? How does that help them?
Ashley Dionne: I graduated
from The University of Michigan in 2009. In my state, this used to mean
something, but even with a bachelor’s I was told I was too educated and
wouldn’t stay. I watched as kids with GEDs and high school diploma’s took the
low-paying jobs for which I applied.
I
went back to school and got a second degree and finally found work at a gym. I
work nights and only get 32 hours a week for eight dollars an hour. I’m unable
to find a second job at this time.
I
have asthma, ulcers, and mild cerebral palsy. Obamacare takes my monthly rate
from $75 a month for full coverage on my “Young Adult Plan,” to $319 a month.
After $6,000 in deductibles, of course.
Liberals
claimed this law would help the poor. I am the poor, the working poor, and I
can’t afford to support myself, let alone older generations and people not
willing to work at all.
This law has raped my future.
It
will keep me and kids my age from having a future at all.
This
is the real face of Obamacare and it isn’t pretty.
George Schwab: George
Schwab, 62, of North Carolina, said he was “perfectly happy” with his plan from
Blue Cross Blue Shield, which also insured his wife for a $228 monthly premium.
But this past September, he was surprised to receive a letter saying his policy
was no longer available. The “comparable” plan the insurance company offered
him carried a $1,208 monthly premium and a $5,500 deductible.
A Middle Class Texas Family: Obamacare is
named the “Affordable Care Act,” after all, and the President promised the
rates would be “as low as a phone bill.” But I just received a confirmed letter
from a friend in Texas showing a 539% rate increase on an existing policy
that’s been in good standing for years.
As
the letter reveals (see below), the cost for this couple’s policy under Humana
is increasing from $212.10 per month to $1,356.60 per month. This is for a
couple in good health whose combined income is less than $70K — a middle-class
family, in other words.
Michael Cerpok: “I’ve worked
hard because I’ve had to, and I’ve had to, because cancer runs in my family,”
says Cerpok, who picked his current health insurance based on that family
history. His monthly premium is just about half of his monthly take-home pay.
Back
in 2006, he found out he had an incurable form of leukemia that requires
ongoing treatment until he dies.
In
2012, his treatment bill was more than $350,000. But because of his insurance,
his out-of-pocket was only $4,500.
That’s
about to change because Michael just got a letter from his insurance carrier
saying as of January 1, he would be dropped from coverage because of new
regulations under Obamacare.
Bill
Elliot: Fox News host Megyn Kelly shared a heart
rendering story Thursday night of a South Carolina man with cancer who is being
forced to make what he sees as a life or death decision after his health
insurance plan was cancelled because of Obamacare.
Bill
Elliot, who voted for President Obama, contacted “The Kelly File” via Facebook
and said he can no longer afford to pay his medical bills and does not want to
take on the new costs because he does not want to put a “burden” on his family,
according to Fox News.
Saying
he feels “misled,” Elliott told Kelly his new insurance will cost him $1,500
per month with a $13,000 deductible, adding that he will opt to pay the minimal
fine for not having health insurance and “will just let nature take its course.”
—–
So
what do you think about Obamacare? Please feel free to share your
thoughts by posting a comment below…
So
much of what we have been taught about ancient history is simply not
true. According to Mexico’s National Institute of Anthropology and
History, a team of archaeologists working close to the Mexican village of
Onavas has made an amazing discovery. They reportedly found 13 ancient
human specimens that had grossly elongated skulls. You can find original
photographs of this discovery right here, but the descriptions of the
photos are in Spanish. The Mexican scientists are telling us that these
skulls are approximately 1,000 years old, and that no skulls of this nature
have ever been found in this region of Mexico before. So exactly what is
going on here? Are these elongated skulls simply the product of an
ancient technique known as “cradle-boarding”, or is there another
explanation? Could these actually be Nephilim skulls that prove that an
ancient race of hybrids once roamed the planet? You might want to hold on
to your hat – because the (Read More....)
Submitted by williambanzai7 on 11/22/2013 10:01 -0500
TIN CAT
Can
the U.S. government afford to pay for the health care of 38 million more
people? As you will see below, Obamacare is going to be the biggest
expansion of the welfare state in U.S. history. It is being projected
that a decade from now 17 million Americans will be receiving Obamacare
subsidies and an additional 21 million Americans will have been added to the
Medicaid rolls. At a time when we are already running trillion dollar
deficits, is this really something that the government should be taking
on? In addition, it is being projected that bringing millions upon
millions of new people into the Medicaid program will also cause enrollment in
many other federal welfare programs such as food stamps to surge. Right
now, the percentage of Americans that are financially dependent on the U.S.
government is already at an all-time high, and Obamacare is going to cause the
level of government dependence to go much, much higher. But how much
weight can the “safety net” actually carry before it breaks entirely? (Read More.....)
Oprah
Winfrey: Obama is victim of racism; racists ‘just have to die’ (453 comments) { Former
Secret Service Agent: Holder Justice Dept 'Travesty'... The race card? Again? That dog don’t hunt
nomore! … Mayor
Throws Racial Tirade After Drunk Driving Arrest; 'You F*****g Crackers'... Who are the racists? … UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore
cases that involve black defendants and white victims’
POLICE: Black teenagers light 13-year-old on fire;
'You get what you deserve, white boy'...Typical
n*****s! Come on! People are tired of making making up excuses for the blacks.
It’s always the same story with them, no matter where. http://www.albertpeia.com/whitesvictimizedbyblacks.htm http://www.albertpeia.com/whitesvictimizedbyblacks.htm Drudgereport: 'Mob' beatings at WI state fair... 'Hundreds of young black people beating white
people'... [ Typical n*****s! Good thing there are food stamps;
otherwise they’d be reverting to their inherent proclivity for canabalism (send
them back to africa … even give them a lump sum for an irrevocable repatriation
incentive … a huge cost-saving beyond the first year with substantial salutary
effects for the nation, the economy, and the remaining civilized non-blacks).
The other major crimes they do anyway. It’s their nature. You’ll never change
the nigger … they evolved only to ‘a point’ and no further. ] Fairgoers 'pulled out of cars'... 'They were just going after white people'... Heightened security... [ I refrained from using the ‘n word’ (or
even blacks / negroes) in referring to the culprits in the following two
incidents (those tender sensibilities) but I’m sure you’ve guessed that they
were niggers and I include same here in light of the foregoing incident (and
yes, the victims were white), which is typical. ‘.. while walking through
Military Park (a sliver of a “park” - more a pedestrian thoroughfare/cement
walks) in newark, new jersey on the way to the bank during lunch hour, I heard
the clearly audible screams/cries of what turned out to be an old lady on the
ground with blood streaming from her mouth. I ran toward the sound of the
cries, the source of which I could not see because there were so many people in
and about this thoroughfare so as to block any vision of the source of the
cries. When I came to the woman, on the ground, blood streaming from her mouth,
I asked what happened, to which she responded she had been hit in the mouth and
knocked to the ground, her purse stolen/put inside her shopping bag, and she
pointed out the criminal casually now walking across the main street. Nobody
stopped to help her, many having passed her by. I slammed the thug to the
ground so hard that, in light of all the blood and confusion (limbic system /
adrenalin flow) I thought I had been stabbed (the blood was from his elbows
hitting the pavement so hard - no one helped / a crowd gathered / an undercover
cop happened along). When I testified at the Grand Jury Proceeding I made sure
his threat on my life was set forth in prima facie fashion so as to maximize
the DA’s position with both felonies ( he went to prison – pled out ). The
other case I wrote about here ( This was included on my website in the
Psychology forum discussion of ‘bystander effect’ / diffusion of
responsibility. ) - Having had occasion to have run down a mugger in newark,
n.j. who apparently had followed a girl from the bank on her way to the bursar
to pay tuition, though in pretty good shape, I was astounded by how totally
exhausting such a pursuit was, how much like rubber my arms were when I traded
punches with the perpetrator, and truth be told, if I had a flashlight on my
belt, I have little doubt that I would have probably used it to subdue the perp
(a police officer here in California was the object of intense criticism for
having used a flashlight to subdue a criminal
/ nigger after a long chase so I included that here) . The girl was not
that seriously injured, did get her pocketbook and tuition back, and the
criminal / nigger went to jail (where they belong). The other thing about such
a pursuit that amazed me was that no one else assisted the girl or me despite
being in a position to do so. I was also mugged by 4 niggers and 2 hispanics in
an incident here in Los Angeles, CA. But, to be fair and balanced, the RICO
litigation involves those uncivilized who consider themselves ‘whites’ http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
(predominantly but not exclusively jews / romans-italians / mobsters /
government slugs). ]
Black Serial/Mass/Spree Killer List:
1. Matthew Emanuel Macon
(Murdered and Raped 5 White Women in Lansing)
2. Jimmie Reed
(Murdered his wife and his 2 month old daughter and set them on fire)
3. Shelly Brooks
(Murdered 7 prostitutes in Detroit Cass Corridor)
4. Justin Blackshere (Stabbed two white cooks
at Cheli’s Chili downtown Detroit)
5. Jervon Miguel Coleman
(Murdered three people.)
6. Donell Ramon Johnson
(Murdered a mother and a daughter)
7. Brian Ranard Davis
(6 women known murdered by nigger)
8. Paul Durousseau
(Seven women)
9. Mark Goudeau “The Baseline Killer” (Eight
women and a man in 2005-2006)
10. Coral Eugene Watts
(11 women in Texas & 1 in Michigan)
11. Anthony McKnight
(Five girls and young women)
12. Derrick Todd Lee (8
Women)
13. Charles Lendelle Carter
(4 known murders; admits to ‘hunting’ Atlantans for 15 years!)
14. The Zebra Killings
(71 White people)
15. Chester Turner
(L.A.s most prolific killer 12 women killed.)
16. Lorenzo J. Gilyard
(Kansas City, MO.—13 victims)
17. Eugene Victor Britt
(Gary, IN.–3 known murder/rapes.)
18. Reginald and Jonathan Carr
(The Wichita Massacre–6 Whites murdered)
19. Ray Joseph Dandridge and his
uncle, Ricky Gevon Gray (Richmond, VA.–Murdered 7 people in 7 days,
including an entire White family.)
20. The Tinley Park Murderer
(Suspect hasn’t been found but has been described as black – murdered 5 women
in a store.)
21. Henry Louis Wallace
(Raped and strangled 5 women to death.)
22. Charles Johnston
(Murdered 3 unarmed white men in hospital)
23. Craig Price (Brutally murdered 3 women)
24. Harrison Graham
(Brually Murdered 3 women)
25. Charles Lee “Cookie” Thornton
(Murdered 6 Whites at the Kirkwood, MO. city council. )
26. & 27. Darnell Hartsfeld & Romeo
Pinkerton (Abducted and Murdered 5 from a restaurant)
28 &29. John Allen Muhammad & Lee Boyd Malvo (Sniped 11 people from a
car in DC, 9 died.)
30. George Russell (3 women, WA state)
31. Timothy W. Spencer (5 killed, Arlington, VA and Richmond, VA)
32. Elton M. Jackson (12 gay men killed, Norfolk, VA area)
33. Carlton Gary (3 killed in Columbus, GA)
34. Mohammed Adam Omar (16 women, Yemen. Omar is Sudanese.)
35. Kendall Francois (8 women, Poughkeepsie, NY and surrounding areas.)
36. Terry A. Blair (8 women, Kansas City area)
37. Wayne Williams (33 many of them children!, Atlanta, GA)
38. Vaughn Greenwood (11 killed in LA)
39. Andre Crawford (10 killed in Chicago – southside)
40. Calvin Jackson (9 killed possibley more in NY)
41. Gregory Klepper (killed 8, Chicago – southside)
42. Alton Coleman (Killed 8 in the Midwest)
43. Harrison Graham (killed 7+ in N. Philadelphia)
44. Cleophus Prince (6 killed in, San Diego
45. Robert Rozier (7 killed in, Miami)
46. Maurice Byrd (killed 20 + in St. Louis)
47. Maury Travis (17 and rising, St. Louis and possibly also Atlanta)
48. Hulon Mitchell, a.k.a. Yahweh Ben Yahweh (killed 20+ in Florida)
49. Lorenzo Fayne (killed 5 children in East St. Louis, IL)
50. Paul Durousseau, (killed 6, two of which were pregnant women, Jacksonville,
FL; Georgia.)
51. Eddie Lee Mosley (killed 25 to 30 women, south Florida)
52. Henry Lee Jones (killed 4 in, south Florida; Bartlett, TN)
53. Richard “Babyface” Jameswhite (15 killed in, New York; Georgia.)
54. Donald E. Younge, Jr. (killed 4), East St. Louis, IL; Salt Lake City, UT.
55. Ivan Hill (killed 6
in Los Angeles area).
56. Michael Vernon (Bronx, NY. Killed at least seven people – )
57. Chester Dewayne Turner (12 women killed in, Los Angeles)
ARREST MADE IN LOS ANGELES GRIM SLEEPER SERIAL KILLER CASE July
07, 2010 http://articles.cnn.com/2010-07-07/justice/grim.sleeper.arrest_1_lonnie-david-franklin-serial-killer-case-family-members?_s=PM:CRIME |By
Mallory Simon, CNN ‘Authorities in California said Wednesday they have arrested
a suspect in the Grim Sleeper serial killer case and will charge him with 10
counts of murder.Lonnie David Franklin Jr., 57, faces an additional count of
attempted murder, Capt. Kevin McClure with the Los Angeles Police Department
said.Franklin will arraigned in court Thursday morning, McClure said.The
California Attorney General's office attributed the arrest to DNA collected
from a relative of the suspect, in a controversial and rarely used practice
known as familial DNA search.’
Of Course There Are Black
Serial Killers by Lynette Holloway on July 15, 2010 The case of the "Grim
Sleeper" inspires a second look at the popular perception that serial
killing is the province of clever white men.
Serial Murderers' Row
July 16, 2010 The following black men are
among the most prolific serial killers in U.S. history. http://www.theroot.com/multimedia/gallery-meet-6-black-serial-killers Plus: Behind the myth
that only white men commit such crimes.
Black Serial Killers Not So Uncommon http://www.amren.com/news/news04/03/03/blackserial.html
200 Involved In Fights At Mall Of America After
Rumors That Rappers Are There...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel good
about themselves having niggers around and helping niggers to help them feel
better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s gotten
to her black projects. Let them live anonomously (in disguise) with the niggers
for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
People
have become weary of making up excuses for blacks (like obama, holder, etc.).
At some point, as now, people should not be timid about relating the cold,
unvarnished truth statistically / factually about blacks and, ie., black on white violent crime, etc..
From
Pat Buchanan: As for racism, its ugliest manifestation is in
interracial crime, and especially interracial crimes of violence. Is Barack
Obama aware that while white criminals choose black victims 3 percent of the
time, black criminals choose white victims 45 percent of the time? Is Barack aware
that black-on-white rapes are 100 times more common than the reverse, that
black-on-white robberies were 139 times as common in the first three years of
this decade as the reverse? We have all heard ad nauseam from the Rev. Al about
Tawana Brawley, the Duke rape case and Jena. And all turned out to be hoaxes.
But about the epidemic of black assaults on whites that are real, we hear
nothing.
http://www.albertpeia.com/whitesvictimizedbyblacks.htm
The
reality is that blacks are an insoluble problem wherever they are. That’s not
going to ever change; not make-shift/make-work jobs; not programs; not anything
tried or to be tried; hence, they must be treated as exactly that – problems –
before a solution can be derived and fashioned. ] [ Send the niggers, including
niggerbama back to sub-saharan africa! ]
}
Obama:
‘We Have Accomplished As Much, If Not More, Than Any Time in Our History’ { Indeed … all the wrong things
(particularly from a managerial perspective as defined by the late, brilliant
Peter F. Drucker). It’s very unlikely that pervasively corrupt, defacto
bankrupt america will ever recover from the egregious missteps, cover-ups, and
obfuscations. }
CNSNews.com | President
Barack Obama told the crowd at a Democratic fundraiser in Beverly Hills on
Tuesday that he has accomplished “as much, if not more” than any other
president.
{ 12-7-13 Pearl Harbor Day http://www.douglasdietrich.com Wow!
History, indeed. The great, astute, and incisive Napoleon put it this
way … ‘History is but a fable that is agreed upon’ … He also said, ‘From the
sublime to the ridiculous is but a step’….. Indeed! }
DOUGLAS DIETRICH: Exposing World History
– The Reality Behind American Revisionism.
{ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
Dr. Jim Garrow is a former Nobel Peace Prize nominee. He was
responsible for bringing the military
litmus tests (whether soldiers will fire on American citizens) to light
early in 2013. I believed that story because there have been other sources to
report similar occurrences, including the infamous 29 Palms survey.
About a month ago Dr.
Garrow reported that Tom Clancy and Andrew Breitbart were basically
assassinated by operatives from The Obama Administration. I can actually
believe that could be true. However, the part I had a hard time swallowing was
that Garrow claimed to have this knowledge only because he is a former CIA
Agent. I printed that article, written by Dr. Eowyn but I must admit that the
CIA Agent scenario seemed a bit odd to me.
I have two thoughts on this:
Well those stories seem like back page news compared to the
potential bombshell that Garrow just dropped. I don’t like Barack Obama one
bit. I think he is hell bent on destroying America. But would he nuke America?
Like I said, you will have to decide.
Liberty Digest reprinted two Facebook statuses of Dr. Jim
Garrow from November 18th and 19th that have since been removed by Facebook:
Mr. Obama’s intention was to set
off the three nukes to devastate all computer related systems on the continent
thus taking America back 200 years and guaranteeing a total breakdown in
society and with in one year the death of 300 million Americans. To see how
this would be possible read, “One Second After”. You can get it on Amazon.
We peered over the edge of the
precipice of the death of our civilization and have lived to tell the tale. 3
heroes stood tall for America and the mad man in the white house was stopped
for the first time in his life. He is unsure of what to do just now and he does
not possess the keys to the nuclear submarines nor the two nukes that are now
hidden. For the first time in his life someone said no, meant it, and stopped
him from murder and devastation. The next few days are critical. Be afraid and
go to prepper sites to find out how to save your family, if you can. – Dr. Jim
Garrow, Nov. 18, 2013
In the condominium complex in
Casa Grande, Arizona, where I have a unit, a visit was made yesterday by a
group of 4 men in a black Suburban with lots of antenna’s on the roof. The
management of our large group of condo’s was asked to open the door of my unit.
The badges were a combination of many different alphabet agencies including my
former one. Interesting because after I posted about EMP’s and missing nukes my
phone rang late in the evening and I was requested to cease and desist. My posts
have been removed. I am not however repentant, nor cowed. If anything like this
happens again I have instructed people to begin the release of documents and
information as per prepared plans in the hands of these people. Obama is known
for overplaying his hand, and now should be known far and wide as a dangerous
amateur. He may have gotten Breitbart, Hastings and Clancy, but they were just
writers. I hope that he enjoys the protests today in DC. – Dr. Jim Garrow, Nov.
19, 2013
Read more at http://freedomoutpost.com/2013/11/obama-plan-nuke-america-fall-jim-garrow-completely-nuts/#IgiwTyfcBUOJFYSZ.99
Charles Burris | The real legacy of Nelson Mandela. The Truth About Nelson Mandela Stefan Molyneux | Mandela
is portrayed in the mainstream media as a peace-loving anti-apartheid
revolutionary. }
Infowars.com
December 7, 2013
Nelson Mandela, working with the
Soviet Union, wanted to replace Apartheid tyranny with a Marxist dictatorship.
He and his followers hijacked the Anti-Apartheid Movement in an attempt to
bring communism to South Africa.
{ Niggers are all hype, no substance! }
Pearl Harbor & Pink
Pagoda http://www.coasttocoastam.com
In the first half, renegade
military historian Douglas
Dietrich will discuss what his research has uncovered about the attack on
Pearl Harbor and how FDR's administration provoked Japan and led the United
States into war in order to pull the country out of the Great Depression.
In the second half, Jim Garrow
of Pink Pagoda will talk
about the consequences of China's one child per couple policy.
There
is a hot new game being played in cities all over America, and it is very
simple. You pick out a defenseless person on the street and you try to
knock them out. In most areas, it is known as “the knockout game”.
In some communities it is called by other names such as “point-em-out,
knock-em-out” and “polar bear hunting”. In many instances, the
perpetrators don’t even try to steal anything from the people that they knock
out. The goal is just to “have fun” by brutally attacking an innocent
victim. Well, if this is what young thugs in America will do for fun when
times are still good, what will they be willing to do when our economy really
starts falling apart? Yes, the U.S. economy has
definitely been steadily declining, but the truth is that what we are
experiencing right now is rip-roaring prosperity compared to what is coming in
the years ahead. So what will the streets of America look like when
things get really bad? (Read More.....)
Are you deeply concerned about the
future of America? Is something in your gut telling you that our system
is fundamentally broken and that the mainstream media is not telling you the
truth about what is happening? If so, you are definitely not alone.
Right now, there are millions upon millions of Americans that are absolutely
horrified as they watch this nation deteriorate. In fact, according to an
analysis of recent polling data conducted by Real Clear Politics, approximately
68 percent of all Americans believe that the country is on the wrong track and
only 23.5 percent of all Americans believe that the country is on the right
track. And of course our problems did not appear just recently. In
fact, many of them are the result of decades of very foolish decisions and they
are not going to be fixed easily. Unfortunately, there is very little
consensus among Americans about how to fix any of our problems. There is
more anger, frustration, hatred and division in the United States today than
there has been in decades, and there is very little hope that the great storms
that are looming on the horizon will be averted. Those that are wise are
preparing for what is coming. Those that are not are going to be
absolutely blindsided by what is rapidly approaching. (Read More....)
The
too big to fail banks have a larger share of the U.S. banking industry than they
have ever had before. So if having banks that were too big to fail was a
"problem" back in 2008, what is it today? As you will read
about below, the total number of banks in the United States has fallen to a
brand new all-time record low and that means that the health of the too big to
fail banks is now more critical to our economy than ever. In 1985, there
were more than 18,000 banks in
the United States. Today, there are only 6,891 left, and that number continues to
drop every single year. That means that more than 10,000 U.S. banks have
gone out of existence since 1985. Meanwhile, the too big to fail banks
just keep on getting even bigger. In fact, the six largest banks in the
United States (JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman
Sachs and Morgan Stanley) have collectively gotten 37 percent larger
over the past five years. If even one of those banks collapses, it would
be absolutely crippling to the U.S. economy. If several of them were to
collapse at the same time, it could potentially plunge us into an economic
depression unlike anything that this nation has ever seen before. (Read More....)
Have you noticed that this
December is unusually cold so far? Could the fact that we have had a
record number of volcanoes erupt in 2013 be responsible? Certainly an unusually calm solar cycle is playing a
significant role in producing all of this cold weather, but as you will see
below the truth is that throughout human history volcanic eruptions have
produced some of the coldest winters ever recorded. In fact, there have
been some major eruptions that have actually substantially reduced global
temperatures for two to three years. So should we be alarmed that the
number of volcano eruptions this year was the highest ever recorded?
Could it be possible that we are heading for a period of global cooling as a
result? And if the planet does cool significantly, could that lead to
widespread crop failures and mass famine? Don’t think that it can’t
happen. In fact, it has happened before and it is only a matter of time
until it happens again.
I knew that we were seeing an
unusual amount of volcanic activity around the planet so far (Read More...)
When
QE1 ended there was a substantial stock market correction, and when QE2 ended
there was a substantial stock market correction. And if you will
remember, the financial markets threw a massive hissy fit a few months ago when
Federal Reserve Chairman Ben Bernanke suggested that the Fed may soon start
tapering QE3. Clearly Wall Street does not like it when their supply of
monetary heroin is interrupted. The Federal Reserve has tricked the
American people into supporting quantitative easing by insisting that it is
about "stimulating the economy", but that has turned out to be a
massive hoax. In fact, I just wrote an article that contained 37 statistics that prove that things just keep
getting even worse for ordinary Americans. But quantitative easing has
been exceptionally good for Wall Street. During
QE1, the S&P 500 rose by about 300 points. During QE2, the S&P
500 rose by about 200 points. And during QE3, the S&P 500 has risen
by about 400 points. The S&P 500 is now in unprecedented territory,
and stock prices have become completely and totally divorced from
reality. In essence, we are in the midst of the largest financial bubble this
nation has ever seen. So what is going to happen when the Fed starts
pulling back the monetary crack and the bubble bursts? (Read More....)
The
“coming persecution of Christians” has already begun. It is already
here. So why is the mainstream media in the United States almost totally
silent about this phenomenon? When some politician somewhere around the
globe inadvertently offends homosexuals or Muslims, it instantly makes headline
news. But very few Americans are even aware that it has been estimated
that 100
million Christians are currently facing persecution and that approximately
100,000 Christians die for their faith each year. As you are about to
see, Christians all over the world are being burned alive, beheaded, crucified,
tortured to death and imprisoned in metal shipping containers just because of
what they believe. This persecution goes on year after year and it is
steadily intensifying. But the governments of the western world and the
mainstream media are almost entirely ignoring what is happening. (Read More.....)
Why are huge numbers of dead birds
dropping dead and washing up along the coastlines of Alaska? It is being
reported that many of the carcases of the dead birds are “broken open and
bleeding”. The photo of some of these dead birds at the top of this
article was originally posted by Alaska native David Akeya on Facebook.
You can find more photos of these dead birds right here. And of course it isn’t
just birds that are dying. As you will see below, something is causing
mass death events among various populations of fish as well. In addition,
it has been reported that large numbers of polar bears, seals and walruses in
Alaska are being affected by hair loss and “oozing sores”. So precisely
what is causing all of this? Could Fukushima be responsible?
Authorities are claiming that all of this is being caused by “disease” or
“harsh weather”, but are they actually telling us the truth? Evaluate the
evidence that I have shared below and decide for yourself…
#1 Something is causing large numbers of dead
birds to wash up on shores all (Read More...)
Back in 2009, Al Gore boldly declared that “the entire
north polar ice cap during some of the summer months could be completely
ice-free within the next five to seven years.” Well, it turns out that
was a lie along with almost everything else that Al Gore has been
peddling. The truth is that the polar ice cap is actually growing.
It is about 50 percent larger than it was at this time last year. And as
you will read about below, a shocking UN report that was recently leaked shows
that the planet has actually not been warming for the past 15 years. So
if you are breathlessly anticipating that “global warming” will soon bring on
the apocalypse, you can stop waiting. On the other hand, there is rising
concern about what “global cooling” will soon do to the planet as we suffer
through the beginning of the coldest winter in decades. Thanks to an unusually quiet solar cycle and an (Read More...)
“Let’s say somebody were [in the
White House] and they wanted to destroy this nation. I would create division
among the people, encourage a culture of ridicule for basic morality and the
principles that made and sustained the country, undermine the financial
stability of the nation, and weaken and destroy the military. It appears
coincidentally that those are the very things that are happening right now.”
-Dr. Ben Carson on March 16th, 2013
That quote by Dr. Ben Carson
does a great job of capturing what is taking place in the United States right
now. If you wanted to destroy the most powerful nation on the planet, the
best way to do so would be to destroy it from the inside out. Right now,
America is more divided than it has been at any point in any of our
lifetimes. Anger and frustration are growing to unprecedented levels, and
one recent survey discovered that the level of trust that Americans have in one
another (Read More...)
All
over America, formerly prosperous communities are being transformed into crime-infested
wastelands of poverty and despair. Of course the most famous example of
this is Detroit. At one time, Detroit was the greatest
manufacturing city that the world had ever seen and it had the highest per
capita income in the entire country. But now it has become a rotting,
decaying hellhole that the rest of the planet laughs at. And of course
Detroit is far from alone. There are hundreds of other U.S. cities that
are suffering a similar fate. In this article, the focus is going to be
on Camden, New Jersey, but the truth is that there are lots of other
"Detroits" and "Camdens" all over the nation. Jobs
and businesses are leaving our cities at a staggering rate, and what is being
left behind is poverty, crime and extreme desperation. (Read More....)
Obama:
Worst approval ratings since Nixon
{ And, it’s not just obamacare … ‘As head of the executive branch, the
President was of course in charge of the FBI and the CIA.’ (and the NSA, IRS,
ATF, DOJ, DOD, DOS, etc.) ‘So the instruction to Haldeman was probably not, in
the most technical sense, an obstruction of justice. But it was certainly an
abuse of power or an abuse of agency. By almost any definition, it was an
impeachable offense.’ (page 296) … ‘The charge -Article One- would have to show
what Nixon had done to warrant impeachment.
If direct actions could not be shown, it would note simply that the
President had condoned or acquiesced in the activities of others. (page 305)…
Coincidentally (for years I had meant to and finally), I have just (this very
date of this article, viz., December 17, 2013)
finished reading ‘The Final Days’ Woodward/Bernstein, 1976. … My, my,
my, how times post (and pre, ie., LBJ) Nixon certainly have changed. The
magnitude of america’s decline and fall should no longer be understated. After
all, they’d all be as they should have been, at the least impeached (if not
jailed as required if ‘no one was above the law’, the typically
fictitious/disingenuous/fake american mantra as they went after Nixon) …
certainly the bushes and obama et als … and from my direct observation and
experience: …
See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
Business Insider | Explosive backlash against Obamacare.
Alex Jones & Paul
Joseph Watson | America
has been seized by an executive dictatorship.
On this
bombshell Tuesday, December 17 edition of the Alex Jones Show, Alex completely
exposes the accelerated destruction on property rights, privacy rights and
national sovereignty. In New York, police
harassed a man for washing his car in his own private driveway. In national
news, a federal judge in Washington ruled that the NSA's
domestic spying likely violates the Fourth Amendment and is "almost
Orwellian" in scope. He also said that James Madison, the architect of
the Constitution, would be aghast at the agency's dragnet. American lawyer and
activist Larry Klayman
joins Alex to break down what this historic ruling means for Americans. William
F. Jasper, senior
editor of The New American, also joins the show to explain in detail how the
Trans-Pacific Partnership will erode U.S. sovereignty.
The
unelected central planners at the Federal Reserve have decided that the time
has come to slightly taper the amount of quantitative easing that it has been
doing. On Wednesday, the Fed announced that monthly purchases of U.S.
Treasury bonds will be reduced from $45 billion to $40 billion, and monthly
purchases of mortgage-backed securities will be reduced from $35 billion to $30
billion. When this news came out, it sent shockwaves through financial
markets all over the planet. But the truth is that not that much has
really changed. The Federal Reserve will still be recklessly creating
gigantic mountains of new money out of thin air and massively intervening in
the financial marketplace. It will just be slightly less than
before. However, this very well could represent a very important
psychological turning point for investors. It is a signal that "the
party is starting to end" and that the great bull market of the past four
years is drawing to a close. So what is all of this going to mean for
average Americans? The following are 8 ways that "the taper" is
going to affect you and your family... (Read More....)
During
2013, America continued to steadily march down a self-destructive path toward
oblivion. As a society, our debt levels are completely and totally out of
control. Our financial system has been transformed into the largest
casino on the entire planet and our big banks are behaving even more recklessly
than they did just before the last financial crisis. We continue to see
thousands of businesses and millions of jobs get shipped out of the United
States, and the middle class is being absolutely eviscerated. Due to the
lack of decent jobs, poverty is absolutely exploding. Government
dependence is at an all-time high and crime is rising. Evidence of social
and moral decay is seemingly everywhere, and our government appears to be going
insane. If we are going to have any hope of solving these problems, the
American people need to take a long, hard look in the mirror and finally admit
how bad things have actually become. If we all just blindly have faith
that "everything is going to be okay", the consequences of decades of
incredibly foolish decisions are going to absolutely blindside us and we will
be absolutely devastated by the great crisis that is rapidly approaching.
The United States is in a massive amount of trouble, and it is time that we all
started facing the truth. The following are 83 numbers from 2013 that are
almost too crazy to believe... (Read More....)
And
so for all you cat owners, here's the Secret Code of Cat Behavior (or What Cats
Know but Won't Tell You). If someone claims to love cats and that all cats love
him or her in return, lull
Most dog owners come
into the veterinary office with their canine companions devotedly following
them. Tails wagging, the dogs look up at their people with adoring eyes. Most
cat owners, on the other hand, wrestle a cardboard box into the exam room,
reach in like a magician and pull out not a rabbit, but an angry feline. For
their efforts they get covered with furry shrapnel and sometimes raked with
claws until their face and arms look like so many tic-tac-toe games. (It doesn't have to be like that,
by the way.)
See Also: 9 Cat Breeds That Crave Affection
As a lifetime pet lover and
practicing veterinarian of more than 30 years, I've noticed a few things about
cats. And so for all you cat owners, here's the Secret Code of Cat Behavior (or
What Cats Know but Won't Tell You).
And never forget the No. 1 rule
of being a cat: When in doubt, blame the dog.
More on Vetstreet.com:
December 23rd, 1913 is a date
which will live in infamy. That was the day when the Federal Reserve Act
was pushed through Congress. Many members of Congress were absent that
day, and the general public was distracted with holiday preparations. Now
we have reached the 100th anniversary of the Federal Reserve, and most
Americans still don't know what it actually is or how it functions. But
understanding the Federal Reserve is absolutely critical, because the Fed is at
the very heart of our economic problems. Since the Federal Reserve was created,
there have been 18 recessions or depressions, the value of the U.S. dollar has
declined by 98 percent, and the U.S. national debt has gotten more than 5000
times larger. This insidious debt-based financial system has literally
made debt slaves out of all of us, and it is systematically destroying the
bright future that our children and our grandchildren were supposed to
have. If nothing is done, we are inevitably heading for a massive amount
of economic pain as a nation. So please share this article with as many
people as you can. The following are 100 reasons why the Federal Reserve
should be shut down forever... (Read More....)
#1 We like to think that we have a government
"of the people, by the people, for the people", but the truth is that
an unelected, unaccountable group of central planners has far more power over
our economy than anyone else in our society does.
#2 The Federal Reserve is actually
"independent" of the government. In fact, the Federal Reserve
has argued vehemently in federal court that it is "not an agency" of the federal government
and therefore not subject to the Freedom of Information Act.
#3 The Federal Reserve openly admits that the
12 regional Federal Reserve banks are organized "much like private corporations".
#4 The regional Federal Reserve banks issue shares of stock to the "member banks"
that own them.
#5 100% of the shareholders of the Federal
Reserve are private banks. The U.S. government owns zero
shares.
#6 The Federal Reserve is not an agency of the
federal government, but it has been given power to regulate our banks and
financial institutions. This should not be happening.
#7 According to Article I, Section 8 of the U.S. Constitution, the
U.S. Congress is the one that is supposed to have the authority to "coin
Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of
Weights and Measures". So why is the Federal Reserve doing it?
#8 If you look at a "U.S. dollar",
it actually says "Federal Reserve note" at the top. In the financial
world, a "note" is an instrument of debt.
#9 In 1963, President John F. Kennedy issued Executive
Order 11110 which authorized the U.S. Treasury to issue "United
States notes" which were created by the U.S. government directly and not
by the Federal Reserve. He was assassinated shortly thereafter.
#10 Many of the debt-free United States notes
issued under President Kennedy are still in circulation today.
#11 The Federal Reserve determines what levels
some of the most important interest rates in our system are going to be set
at. In a free market system, the free market would determine those
interest rates.
#12 The Federal Reserve has become so powerful
that it is now known as "the fourth branch of government".
#13 The greatest period of economic growth in
U.S. history was when there
was no central bank.
#14 The Federal Reserve was designed to be a
perpetual debt machine. The bankers that designed it intended
to trap the U.S. government in a perpetual debt spiral from which it could
never possibly escape. Since the Federal Reserve was established 100
years ago, the U.S. national debt has gotten more than 5000 times
larger.
#15 A permanent federal income tax was
established the exact same year that the Federal Reserve was
created. This was not a coincidence. In order to pay for all of the
government debt that the Federal Reserve would create, a federal income tax was
necessary. The whole idea was to transfer wealth from our pockets to the
federal government and from the federal government to the bankers.
#16 The period prior to 1913 (when there was no
income tax) was the greatest period of economic growth in
U.S. history.
#17 Today, the U.S. tax code is about 13 miles long.
#18 From the time that the Federal Reserve was
created until now, the U.S. dollar has lost 98
percent of its value.
#19 From the time that President Nixon took us
off the gold standard until now, the U.S. dollar has lost 83
percent of its value.
#20 During the 100 years before the Federal
Reserve was created, the U.S. economy rarely had any problems with
inflation. But since the Federal Reserve was established, the
U.S. economy has experienced constant and never ending inflation.
#21 In the century before the Federal Reserve
was created, the average annual rate of inflation was about half a
percent. In the century since the Federal Reserve was created, the
average annual rate of inflation has been about 3.5 percent.
#22 The Federal Reserve has stripped the middle
class of trillions of dollars of wealth through the hidden tax of inflation.
#23 The size of M1 has
nearly doubled since 2008 thanks to the reckless money printing that
the Federal Reserve has been doing.
#24 The Federal Reserve has been starting to
behave like
the Weimar Republic, and we all remember how that ended.
#25 The Federal Reserve has been consistently
lying to us about the level of inflation in our economy. If
the inflation rate was still calculated the same way that it was back when
Jimmy Carter was president, the official rate of inflation would be somewhere between 8 and 10 percent today.
#26 Since the Federal Reserve was created,
there have been 18 distinct recessions or
depressions: 1918, 1920, 1923, 1926, 1929, 1937, 1945, 1949, 1953,
1958, 1960, 1969, 1973, 1980, 1981, 1990, 2001, 2008.
#27 Within 20 years of the creation of the
Federal Reserve, the U.S. economy was plunged into the Great Depression.
#28 The Federal Reserve created the conditions
that caused the stock market crash of 1929, and even
Ben Bernanke admits that the response by the Fed to that crisis made
the Great Depression even worse than it should have been.
#29 The "easy money" policies of
former Fed Chairman Alan Greenspan set the stage for the great financial crisis
of 2008.
#30 Without the Federal Reserve, the
"subprime mortgage meltdown" would probably never have happened.
#31 If you can believe it, there have been 10 different economic recessions
since 1950. The Federal Reserve created the "dotcom bubble",
the Federal Reserve created the "housing bubble" and now it has
created the
largest bond bubble in the history of the planet.
#32 According to an official government report,
the Federal Reserve made 16.1
trillion dollars in secret loans to the big banks during the last
financial crisis. The following is a list of loan recipients that was
taken directly from page
131 of the report...
Citigroup - $2.513 trillion
Morgan Stanley - $2.041 trillion
Merrill Lynch - $1.949 trillion
Bank of America - $1.344 trillion
Barclays PLC - $868 billion
Bear Sterns - $853 billion
Goldman Sachs - $814 billion
Royal Bank of Scotland - $541 billion
JP Morgan Chase - $391 billion
Deutsche Bank - $354 billion
UBS - $287 billion
Credit Suisse - $262 billion
Lehman Brothers - $183 billion
Bank of Scotland - $181 billion
BNP Paribas - $175 billion
Wells Fargo - $159 billion
Dexia - $159 billion
Wachovia - $142 billion
Dresdner Bank - $135 billion
Societe Generale - $124 billion
"All Other Borrowers" - $2.639 trillion
#33 The Federal Reserve also paid those big
banks $659.4 million in "fees" to help
"administer" those secret loans.
#34 During the last financial crisis, big
European banks were allowed to borrow an "unlimited" amount
of money from the Federal Reserve at ultra-low interest rates.
#35 The "easy money" policies of
Federal Reserve Chairman Ben Bernanke have created the
largest financial bubble this nation has ever seen, and this has set
the stage for the great financial crisis that we are rapidly approaching.
#36 Since late 2008, the size of the Federal
Reserve balance sheet has grown from less than a trillion dollars to more than 4 trillion dollars. This is
complete and utter insanity.
#37 During the quantitative easing era, the value
of the financial securities that the Fed has accumulated is greater than the
total amount of publicly held debt that the U.S. government accumulated from the presidency of George
Washington through the end of the presidency of Bill Clinton.
#38 Overall, the Federal Reserve now holds more than 32 percent of all 10 year equivalents, and
that percentage is rising by about 0.3 percent each week.
#39 Quantitative easing creates financial
bubbles, and when quantitative easing ends those bubbles tend
to deflate rapidly.
#40 Most of the new money created by
quantitative easing has ended up in the hands of the very wealthy.
#41 According to a prominent Federal Reserve
insider, quantitative easing has been one giant "subsidy"
for Wall Street banks.
#42 As one CNBC article recently stated, we are
seeing absolutely rampant inflation in "stocks and bonds and art and
Ferraris".
#43 Donald Trump once made the following
statement about quantitative easing: "People like me will benefit from this."
#44 Most people have never heard about this,
but a very
interesting study conducted for the Bank of England shows that
quantitative easing actually increases the gap between the wealthy and the
poor.
#45 The gap between the top one percent and the
rest of the country is now the greatest that it has been since the 1920s.
#46 The mainstream media has sold quantitative
easing to the American public as an "economic stimulus program", but
the truth is that the percentage of Americans that have a job has
actually gone down since quantitative easing first began.
#47 The Federal Reserve is supposed to be able
to guide the nation toward "full employment", but the reality of the
matter is that an all-time record 102 million working age Americans do not have a job
right now. That number has risen by about 27 million since the year 2000.
#48 For years, the projections of economic
growth by the Federal Reserve have consistently overstated the strength of the U.S.
economy. But every single time, the mainstream media continues to report
that these numbers are "reliable" even though all they actually
represent is wishful thinking.
#49 The Federal Reserve system fuels the growth
of government, and the growth of government fuels the growth of the Federal
Reserve system. Since 1970, federal spending has grown nearly 12 times as rapidly as median household income
has.
#50 The Federal Reserve is supposed to look out
for the health of all U.S. banks, but the truth is that they only seem to be
concerned about the big ones. In 1985, there were more than 18,000 banks in the United States.
Today, there are only 6,891
left.
#51 The six largest banks in the United States
(JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and
Morgan Stanley) have collectively gotten 37
percent larger over the past five years.
#52 The U.S. banking system has 14.4 trillion dollars
in total assets. The six largest banks now account for 67
percent of those assets and all of the other banks account for only 33
percent of those assets.
#53 The five largest banks now account for 42
percent of all loans in the United States.
#54 We were told that the purpose of
quantitative easing is to help "stimulate the economy", but today the
Federal Reserve is actually paying the big banks not to lend out 1.8 trillion dollars in "excess
reserves" that they have parked at the Fed.
#55 The Federal Reserve has allowed an
absolutely gigantic derivatives bubble to inflate which could destroy our
financial system at any moment. Right now, four of the "too big to
fail" banks each have total exposure to derivatives that is well in excess
of 40
trillion dollars.
#56 The total exposure that Goldman Sachs has
to derivatives contracts is more
than 381 times greater than their total assets.
#57 Federal Reserve Chairman Ben Bernanke has a
track
record of failure that would make the Chicago Cubs look good.
#58 The secret November 1910 gathering at
Jekyll Island, Georgia during which the plan for the Federal Reserve was
hatched was attended by U.S. Senator Nelson W. Aldrich, Assistant Secretary of
the Treasury Department A.P. Andrews and a whole host of representatives from
the upper crust of the Wall Street banking establishment.
#59 The Federal Reserve was created by the big
Wall Street banks and for the benefit of the big Wall Street banks.
#60 In 1913, Congress was promised that if the
Federal Reserve Act was passed that it would eliminate
the business cycle.
#61 There has
never been a true comprehensive audit of the Federal Reserve since
it was created back in 1913.
#62 The Federal Reserve system has been
described as "the biggest Ponzi scheme in the
history of the world".
#63 The following comes directly from the Fed's official mission statement: "To
provide the nation with a safer, more flexible, and more stable monetary and
financial system." Without a doubt, the Federal Reserve has failed
in those tasks dramatically.
#64 The Fed decides what the target rate of
inflation should be, what the target rate of unemployment should be and what
the size of the money supply is going to be. This is quite similar to the
"central
planning" that goes on in communist nations, but very few
people in our government seem upset by this.
#65 A couple of years ago, Federal Reserve
officials walked into one bank in Oklahoma and demanded that they take down all the Bible verses and all the Christmas
buttons that the bank had been displaying.
#66 The Federal Reserve has taken some other
very frightening steps in recent years. For example, back in 2011 the
Federal Reserve announced
plans to identify "key bloggers" and to monitor
"billions of conversations" about the Fed on Facebook, Twitter,
forums and blogs. Someone at the Fed will almost certainly end up reading
this article.
#67 Thanks to this endless debt spiral that we
are trapped in, a massive amount of money is transferred out of our pockets and
into the pockets of the ultra-wealthy each year. Incredibly, the U.S.
government spent more than 415 billion dollars just on interest on the
national debt in 2013.
#68 In September, the average rate of interest
on the government’s marketable debt was 1.981 percent. In January 2000, the average
rate of interest on the government’s marketable debt was 6.620 percent. If we got back to that level
today, we would be paying more than a trillion dollars a year just in interest
on the national debt and it would collapse our entire financial system.
#69 The American people are being killed by
compound interest but most of them don't even understand what it is.
Albert Einstein once made the following statement about compound interest...
"Compound
interest is the eighth wonder of the world. He who understands it, earns it …
he who doesn’t … pays it."
#70 Most Americans have absolutely no idea
where money comes from. The truth is that the Federal Reserve just
creates it out of thin air. The following is how I have previously
described how money is normally created by the Fed in our system...
When
the U.S. government decides that it wants to spend another billion dollars that
it does not have, it does not print up a billion dollars.
Rather,
the U.S. government creates a bunch of U.S. Treasury bonds (debt) and takes
them over to the Federal Reserve.
The
Federal Reserve creates a billion dollars out of thin air and exchanges them
for the U.S. Treasury bonds.
#71 What does the Federal Reserve do with those
U.S. Treasury bonds? They end up getting auctioned off to
the highest bidder. But this entire process actually creates
more debt than it does money...
The
U.S. Treasury bonds that the Federal Reserve receives in exchange for the money
it has created out of nothing are auctioned off through the Federal Reserve
system.
But
wait.
There
is a problem.
Because
the U.S. government must pay interest on the Treasury bonds, the amount of debt
that has been created by this transaction is greater than the amount of money
that has been created.
So
where will the U.S. government get the money to pay that debt?
Well,
the theory is that we can get money to circulate through the economy really,
really fast and tax it at a high enough rate that the government will be able
to collect enough taxes to pay the debt.
But
that never actually happens, does it?
And
the creators of the Federal Reserve understood this as well. They
understood that the U.S. government would not have enough money to both run the
government and service the national debt. They knew that the U.S.
government would have to keep borrowing even more money in an attempt to keep
up with the game.
#72 Of course the U.S. government could
actually create money and spend it directly into the economy without the
Federal Reserve being involved at all. But then we wouldn't be 17
trillion dollars in debt and that wouldn't serve the interests of the bankers
at all.
#73 The following is what Thomas
Edison once had to say about our absolutely insane debt-based
financial system...
That
is to say, under the old way any time we wish to add to the national wealth we
are compelled to add to the national debt.
Now,
that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I,
that for the loan of $30,000,000 of their own money the people of the United
States should be compelled to pay $66,000,000 — that is what it amounts to,
with interest. People who will not turn a shovelful of dirt nor contribute a
pound of material will collect more money from the United States than will the
people who supply the material and do the work. That is the terrible thing
about interest. In all our great bond issues the interest is always greater
than the principal. All of the great public works cost more than twice the
actual cost, on that account. Under the present system of doing business we
simply add 120 to 150 per cent, to the stated cost.
But
here is the point: If our nation can issue a dollar bond, it can issue a dollar
bill. The element that makes the bond good makes the bill good.
#74 The United States now has the
largest national debt in the history of the world, and we are
stealing more than 100 million dollars from our children and our grandchildren
every single hour of every single day in a desperate attempt to keep the debt
spiral going.
#75 Thomas Jefferson once stated that if he
could add just one more amendment to the U.S. Constitution it would be a ban on all government borrowing....
I
wish it were possible to obtain a single amendment to our Constitution. I would
be willing to depend on that alone for the reduction of the administration of
our government to the genuine principles of its Constitution; I mean an
additional article, taking from the federal government the power of borrowing.
#76 At this moment, the U.S. national debt is
sitting at $17,251,528,475,994.19. If we had followed the
advice of Thomas Jefferson, it would be sitting at zero.
#77 When the Federal Reserve was first
established, the U.S. national debt was sitting at about 2.9 billion dollars. On average, we
have been adding more than that to the national debt every single day
since Obama has been in the White House.
#78 We are on pace to accumulate more new debt
under the 8 years of the Obama administration than we did under all of the
other presidents in all of U.S. history combined.
#79 If all of the new debt that has been
accumulated since John Boehner became Speaker of the House had been given
directly to the American people instead, every household in America would have
been able to buy a new truck.
#80 Between 2008 and 2012, U.S. government debt
grew by 60.7
percent, but U.S. GDP only grew by a total of about 8.5
percent during that entire time period.
#81 Since 2007, the U.S. debt to GDP ratio has
increased from 66.6 percent to 101.6 percent.
#82 According to the U.S. Treasury, foreigners
hold approximately 5.6 trillion dollars of our debt.
#83 The amount of U.S. government debt held by
foreigners is about 5 times larger than it was just a decade ago.
#84 As I have written about previously,
if the U.S. national debt was reduced to a stack of one dollar bills it would
circle the earth at the equator 45
times.
#85 If Bill Gates gave every single penny of
his entire fortune to the U.S. government, it would only cover the U.S. budget
deficit for
15 days.
#86 Sometimes we forget just how much money a
trillion dollars is. If you were alive when Jesus Christ was born and you
spent one million dollars every single day since that point, you still would
not have spent one trillion dollars by now.
#87 If right this moment you went out and
started spending one dollar every single second, it would take you more than 31,000 years
to spend one trillion dollars.
#88 In addition to all of our debt, the U.S.
government has also accumulated more than 200 trillion dollars in unfunded
liabilities. So where in the world will all of that money come from?
#89 The greatest damage that quantitative
easing has been causing to our economy is the fact that it is destroying
worldwide faith in the U.S. dollar and in U.S. debt. If the rest of the
world stops using our dollars and stops buying our debt, we are going to be in a
massive amount of trouble.
#90 Over the past several years, the Federal
Reserve has been monetizing a staggering amount of U.S. government debt even
though Ben Bernanke once promised that he would never do this.
#91 China recently announced that they are going to quit
stockpiling more U.S. dollars. If the Federal Reserve was not
recklessly printing money, this would probably not have happened.
#92 Most Americans have no idea that one of our
most famous presidents was absolutely obsessed with getting rid of central
banking in the United States. The following is a
February 1834 quote by President Andrew Jackson about the evils of
central banking....
I
too have been a close observer of the doings of the Bank of the United States.
I have had men watching you for a long time, and am convinced that you have
used the funds of the bank to speculate in the breadstuffs of the country. When
you won, you divided the profits amongst you, and when you lost, you charged it
to the Bank. You tell me that if I take the deposits from the Bank and annul
its charter I shall ruin ten thousand families. That may be true, gentlemen,
but that is your sin! Should I let you go on, you will ruin fifty thousand
families, and that would be my sin! You are a den of vipers and
thieves. I have determined to rout you out and, by the Eternal,
(bringing his fist down on the table) I will rout you out.
#93 There are plenty of possible alternative
financial systems, but at this point all 187 nations that belong to the IMF have a central
bank. Are we supposed to believe that this is just some sort of a bizarre
coincidence?
#94 The capstone of the global central banking
system is an organization known as the Bank for International
Settlements. The following is how I described this organization in a previous
article...
An
immensely powerful international organization that most people have never even
heard of secretly controls the money supply of the entire globe. It is
called the Bank for International Settlements, and it is the central bank of
central banks. It is located in Basel, Switzerland, but it also has
branches in Hong Kong and Mexico City. It is essentially an unelected,
unaccountable central bank of the world that has complete immunity from
taxation and from national laws. Even Wikipedia admits that "it is not accountable to any
single national government." The Bank for International
Settlements was used to launder money for the Nazis during World War II, but
these days the main purpose of the BIS is to guide and direct the
centrally-planned global financial system. Today, 58 global central banks
belong to the BIS, and it has far more power over how the U.S. economy (or any
other economy for that matter) will perform over the course of the next year
than any politician does. Every two months, the central bankers of the
world gather in Basel for another "Global Economy Meeting".
During those meetings, decisions are made which affect every man, woman and
child on the planet, and yet none of us have any say in what goes on. The
Bank for International Settlements is an organization that was founded by the
global elite and it operates for the benefit of the global elite, and it is
intended to be one of the key cornerstones of the emerging one world economic
system.
#95 The borrower is the servant of the lender,
and the Federal Reserve has turned all of us into debt slaves.
#96 Debt is a form of social control, and the
global elite use all of this debt to dominate all the rest of us. 40
years ago, the total amount of debt in our system (all government debt, all
business debt, all consumer debt, etc.) was sitting at about 2 trillion
dollars. Today, the grand total exceeds 56 trillion dollars.
#97 Unless something dramatic is done, our
children and our grandchildren will be debt slaves for their entire lives as
they service our debts and pay for our mistakes.
#98 Now that you know this information, you are
responsible for doing something about it.
#99 Congress has the power to shut down the
Federal Reserve any time that they would like. But right now most of our
politicians fully endorse the current system, and nothing is ever going to
happen until the American people start demanding change.
#100 The design of the Federal Reserve system
was flawed from the very beginning. If something is not done very
rapidly, it is inevitable that our entire financial system is going to suffer
an absolutely nightmarish collapse.
The truth is that we do not have
to have a Federal Reserve. The greatest period of economic growth in U.S.
history was when we did not have a central bank. If we are ever going to
turn this nation around economically, we are going to have to get rid of this
debt-based financial system that is centered around the Federal Reserve.
On the path that we are on now, there is no hope. Please share this
article with as many people as you can. It is imperative that we try to
wake the American people up while we still have time.
What
is being done to Phil Robertson shows just how far America has fallen.
The thought police are waging an all-out campaign to take down one of the
biggest names in the United States, and if they are successful none of us will
ever be safe again. We are becoming a nation that is governed by
bullying, intimidation and unwritten speech codes, and if you happen to say the
“wrong thing” you could lose everything. Liberal pundits are gleefully
declaring that making statements such as Robertson made “should get you
fired from most jobs“. That means that they believe that unless you
conform to their version of morality (or keep your mouth shut forever) you
should lose your job. So are you ready to lose your job for what you
believe? Because that is where we are heading. In the future, if
you do not conform to their politically correct Big Brother speech code, you
will be unemployable and you and your entire family will be outcasts from
society. That is why the Duck Dynasty controversy is so important.
This is a “line in the sand” moment, and if the thought police are successful
than those that refuse to abandon Biblical morality will soon be forced
underground. Do you really want to live in a country where a large
percentage of the population can no longer express what they believe to be
right and wrong? (Read More.....)
Sometimes our cameras can see
what human eyes cannot. Could what you are looking at actually be a photo
of a real angel? At a recent Promise Keepers conference in Cedar Falls,
Iowa a Baptist pastor took two photographs of the stage during a time of praise
and worship. Both of those photos show “a radiant, glowing white figure”
that was not supposed to be there and that could not be seen with the naked
eye. At the time these photos were taken, the band on the stage was
singing these words: “Jesus, take all of me. I run to you, I run to you. I lay
everything at your feet. Let my life be yours.” Could it be possible that
the camera picked up an angel that was standing on the stage during that time
of praise and worship? Could this picture actually be physical evidence
that angels really exist? You have to admit that the image in this
photograph is pretty compelling. Here is a closer look at the photo… (Read
More...)
Edward Snowden says his 'mission's already accomplished
NSA leaker Edward Snowden: 'Mission's already accomplished'
'Mass ethnic killings' in South Sudan
{ Typical niggers! And, yes…niggers
are invariably racist! }
A Ponzi Noel...
NKorean
cartoon teaches kids geometry by calculating missile strikes against America... { Riiiiight! In the rational, real world
such lessons are more accurately known as lessons in suicide as in how to end
their own lives … they are so hideously and unequivocally at once, ugly and
pathetic … north korea is a second-rate failed communist nation/state unable to
even feed their own people … ‘Let them eat missiles’ says ugly ‘kim jun un very
ill’ in Marie Antoinette fashion … time to end their misery by turning north
korea into an east asian parking lot! }
QUEEN
HANDS OVER THE REIGNS... In the tradition of ‘The Lionheart’, King Charles
is the only world leader with courage and wisdom enough to speak out
unequivocally as to the persecution of Christians globally!
Amanda Knox guilty verdict: latestTelegraph.co.uk Amanda Knox sentenced to 28 years,
Raffaele Sollecito to 25. Meredith Kercher family to hold press conference.
Knox would be extradited "kicking and screaming". Amanda Knox will not
return to Italy to serve sentence, say parents
Amanda Knox
guilty: 'I am frightened and saddened by this unjust verdict'
{ No … not just naples, but see italy
and die … those rabid dog italians are pathetic and italy should be boycotted
by those who might have traveled there … }
Knox's
knife DNA casts doubt on murder weapon
Today’s Current Topics/Articles/News
Submitted
by Tyler Durden on 01/31/2014 - 22:05
If the stock market were already
crashing then it would be simple to blame the dismally sad rash of dead bankers
in the last week on that - certainly that was reflected in 1929. However, for
the third time in the last week, a senior financial executive has died in what
appears to be a suicide. As Bloomberg
reports, following the deaths of a JPMorgan
senior manager (Tuesday) and a Deutsche Bank executive (Sunday), Russell
Investments' Chief Economist (and former Fed economist) Mike Dueker
was found dead at the side of a highway in Washington State. Police
said the death appeared to be a suicide.
America
is being suffocated to death by red tape. You are about to read about an
11-year-old girl in Illinois that had her cupcake business brutally shut down
by government bureaucrats. Her name is Chloe Stirling and her crime was
doing something that we used to applaud young people in America for doing.
Instead of sitting on her sofa and watching television all day, she actually
started her own business. And it turned out there her little business
started thriving. In fact, it started doing so well that a local
newspaper took notice of it. Well, that is when the control freaks
swooped in and took her business away and banned her from selling any more
cupcakes. The really sad thing is that people are being paid to
do this with our tax dollars. All over America, little
entrepreneurs are having their lemonade stands shut down
and are being banned from selling Girl Scout
cookies, and our tax dollars are paying the people that are doing it.
As I wrote about earlier this month, the level of economic freedom in the
United States is at an all-time low, and it gets worse with
each passing year. The country that so many of us love is dying, and it
is being replaced with something that I like to call "the USSA". (Read More....)
If you could go back and live in
America during the 1970s would you do it? Has the United States become a
better place to live over the past 40 years or have things gotten worse?
Without a doubt there are arguments that can be made both ways. For
example, who really wants to go back to a time when you actually had to “dial”
a phone or rewind a cassette tape in order to find your favorite song? On
the other hand, wouldn’t it be nice to live at a time when virtually everyone
could find a good job, when television was not so filthy and when you didn’t
have to worry about locking your front door at night? Some would say that
we have come a long way in 40 years. Others lament how far we have
fallen. So what do you think? Read over the 28 points of comparison
between 1970s America and America today posted below and then share your
opinion by leaving a comment at the end of the article…
1. In the 1970s we had Disco. Today, we
have Justin Bieber and (Read More...)
Los Angeles Times
TRENTON, N.J. -
New Jersey Gov. Chris Christie is going on the offensive after a former
loyalist said he had evidence that the Republican governor knew more than he
had admitted about an apparently politically motivated traffic jam ordered by
one of his ...
Prepare
for a Lame Change...
But
at the end of the day, if your creditors lost faith in your ability to repay
it… it’s GAME OVER. This is hitting the emerging market space today. Submitted
by Tyler Durden on
02/01/2014 - 20:03
Perhaps the only question we
have after seeing the attached table, which shows that as of Q3, 2013 JPMorgan
owned $65.4 billion, or just over 60% of the total notional ($108.2
billion) of all gold derivatives in the US, is whether the CFTC will
pull the "our budget was too small" excuse to justify why it allowed
Jamie Dimon to ignore any and all position limits and corner the gold market? Submitted
by Tyler Durden on
02/01/2014 - 22:03
The gap between the rich
and poor continues to grow. The wealthiest 1% held 8% of the economic pie in
1975 but now hold over 20%.
Most of the literature on income inequalities is written by professors from the
sociology departments of universities. They have identified factors such as
technology, the reduced role of labor unions, the decline in the real value of
the minimum wage, and, everyone’s favorite scapegoat, the growing importance of
China. Those factors may have played a role, but there are really two
overriding factors that are the real cause of income differentials. One
is desirable and justified while the other is the exact opposite. Submitted
by Tyler Durden on
02/01/2014 - 21:01
Presented with no comment... Submitted
by Tyler Durden on
02/01/2014 - 19:12
What lies beyond the current
failing, unsustainable versions of Capitalism and Socialism? The basic answer
is coming into focus: since the current iterations of Capitalism and
Socialism are both systems of increasing centralization (and thus of systemic
fragility), the future belongs to the Web-enabled, localized but
globally networked models of decentralized capital, currencies, ownership,
production and distribution. Submitted
by Tyler Durden on
02/01/2014 - 18:14
"Today there is a
tremendous amount of monetary distortion, on par with the 1929 stock market
and certainly the peak of 2007, and many others," warns Universa's Mark
Spitznagel. At these levels, he suggests (as The
Dao of Capital author previously told Maria
B, "subsequent large stock market losses and even crashes become
perfectly expected events." Post-Bernanke it will be more of
the same, he adds, and investors need to know how to navigate such a world full
of "monetary distortions in the economy and the creation of malinvestments."
The reality is, Spitznagel concludes that the 'recovery
is a Fed distortion-driven mirage' and the only way out is to let the natural
homeostasis take over - "the
purge that occurs after massive distortion is painful, but ultimately, it’s far
better and healthier for the system." Submitted
by Tyler Durden on
02/01/2014 - 17:18
Argentina has now burned through
$2 billion in less than two weeks, the fastest outflow since 2006, and a trend
which if sustained (and we see no reason why it would change), means it has
just over half a year left of reserves projecting a linear decline. However,
since the lower the amount of reserves, the faster the withdrawals will come,
it is safe to predict that the endgame for Argentina will come far sooner, just
as its suddenly
crashing bonds seem to have realized. Which is perhaps why, as
Argentina's La
Nacion reports, the country is suddenly, and long overdue, scrambling to
raise $10 billion to "counter the flight of capital" from the
country. Submitted
by Tyler Durden on
02/01/2014 - 16:16
In order to understand what
solutions to our energy predicament will or won’t work, it is necessary to
understand the true nature of our energy predicament. Most solutions fail
because analysts assume that the nature of our energy problem is quite
different from what it really is. Analysts assume that our problem is a
slowly developing long-term problem, when in fact, it is a problem that is at
our door step right now. Submitted
by Tyler Durden on
02/01/2014 - 15:17
Back in December 2013, as we do
after every periodic bout of irrational exuberance by Goldman's chief economist
Jan Hatzius et al (who can forget our post from December 2010 "Goldman
Jumps Shark, Goes Bullish, Hikes Outlook" in which Hatzius hiked his
2011 GDP forecast from 1.9% to 2.7% only to end the year at 1.8%, and we won't
even comment on the longer-term forecasts) designed merely to provide a context
for Goldman's equity flow and prop-trading axes, we said it was
only a matter of time before Goldman (and the rest of the Goldman-following
sellside econo-penguins) is forced to once again trim its economic forecasts.
Overnight, two months after our prediction, the FDIC-backed hedge fund did just
that, after Goldman's Hatzius announced that "we have taken down
our GDP estimates to 2˝% in Q1 and 3% in Q2, from 2.7% [ZH: actually
3.0% as of Thursday] and 3˝% previously." Submitted
by Tyler Durden on
02/01/2014 - 14:45
While stocks are still near
record highs and the inventory-stuffed picture of economic growth for the US
ticks up to its fastest pace in 2 years, Time
reports that a study (below) by the Corporation for Enterprise
Development (CFED) shows nearly half of Americans are living in a
state of “persistent economic insecurity,” that makes it
"difficult to look beyond immediate needs and plan for a more secure
future." In other words, too many Americans are living paycheck to
paycheck... but their findings get worse. Submitted
by Tyler Durden on
02/01/2014 - 13:25
A classicial economist... and
Harvard professor... preaching to the world that one's money is
not safe in the US banking system due to Ben Bernanke's actions? And
putting his withdrawal slip where his mouth is and pulling $1
million out of Bank America? Say it isn't so... Submitted
by Tyler Durden on
02/01/2014 - 13:13
Further protests and a plethora
of headlines this morning from both sides in the troubled European (for now)
nation. The Ukrainian foreign minister begins by noting that "its
impossible to take Ukraine away from Russia," that Ukraine was
"right to take attractive Russia offer," and that protests aren't
peaceful. Opposition leader Klitschko responded that "Ukrainians
dream of a stable, modern country," and that a majority of
Ukrainians want "European values," and asks for "international
help." Romania's Basescu is concerned and urges the Ukrainian army to stay
out of the conflict. But, as Martin Armstrong notes below, according to a
former adviser to Vladimir Putin, the economist Andrei Illarionov, the Kremlin
will take one of three possible scenarios with respect to the Ukraine problem
to "assert a lot of pressure on Kiev." Submitted
by Tyler Durden on
02/01/2014 - 12:15
Europe has been full of great
ideas recently. Solving
youth unemployment through slavery; bailing
out insolvent banks via implicit fraudulent conveyance with the Central Bank;
but this, as they say over there, takes the biscuit. While we have reported
previously on regulatory efforts to put all sorts of invasive mandatory devices
in U.S. automobiles (from
October of last year Big Brother is Coming to Your Car),
this idea from the EU take things to a whole other level of insanity... A device that would
enable police to stop vehicles remotely is being considered by an EU-wide
official working group, it has emerged. Submitted
by Tyler Durden on
02/01/2014 - 11:18
On Wednesday, Italy's government
voted final approval to a decree hiking the value of Bank of Italy's share
capital from €156K to €7.5 billion - something that had not been done
since the 1930s. Of course, politicians determining the fictitious value of a
central bank is one thing, as idiotic as it may be. However, what is truly
preposterous is the covert bailout that accompanies the decree: a key part of
the decision was setting a 3% ceiling on the stake that the bank's shareholders
can own in the central bank. This means, as Reuters reports, that Intessa and
UniCredit, currently the central bank's largest shareholders with stakes of 42
percent and 22 percent respectively - not to mention two of Italy's most
NPL-heavy banks - will have to sell the bulk of their central bank "equity"
stakes. And who will they sell them to? Why the central bank itself,
and in return they will pocket up to €3.5 billion ($4.7 billion) from the sale
of their central bank holdings. Said otherwise, Italy took not only
bizarro accounting, but also monetary financing of insolvent banks by the
monetary authority, and thus Italy's taxpayers, to the truly next level. Submitted
by Tyler Durden on
02/01/2014 - 09:41
17 years ago, the first major
Emerging Market crisis started in Thailand, leading to the Russian default and
the collapse of LTCM ushering in the era of Too Big To Fail. This time, all the
world needed for the second major EM crisis, was for Ben Bernanke to announce
he is giving global central planning a break (because one can be certain the
Untaper will be right back on the agenda as soon as the S&P enters a bear
market). Ironically, Thailand has largely been insulated from the EM decimation,
even through it is now in as bad a political shape as it ever was, and one day
ahead of the February 2 general elections things are getting from bad to worse.
AFP reports that explosions and heavy gunfire rattled Bangkok Saturday as pro-
and anti-government protesters clashed on the eve of controversial Thai
elections seen as unlikely to end a cycle of violence in the kingdom after
months of opposition rallies. Submitted
by Tyler Durden on
01/31/2014 - 22:05
If the stock market were already
crashing then it would be simple to blame the dismally sad rash of dead bankers
in the last week on that - certainly that was reflected in 1929. However, for
the third time in the last week, a senior financial executive has died in what
appears to be a suicide. As Bloomberg
reports, following the deaths of a JPMorgan
senior manager (Tuesday) and a Deutsche Bank executive (Sunday), Russell
Investments' Chief Economist (and former Fed economist) Mike Dueker
was found dead at the side of a highway in Washington State. Police
said the death appeared to be a suicide. Kurt Nimmo | Military will attend the event for
security and “community relations.” Daily Caller | Could we be in
the midst of an “imperial presidency”? That’s the question the Christian
Science Monitor posed in a recent cover story. The Hill | President Obama on
Friday said he’s open to taking executive action on immigration. Prison Planet.com | Here it is
ladies and gentleman, without a shred of doubt. The definite winner of Super
Bowl XVIII! Prison Planet.com | Infowars
talks to Super Bowl fans in New York City about the overwhelming distraction of
the event. Daily Caller | In an online chat
session Friday, President Obama was directly confronted by Americans adversely
impacted by Obamacare. The Hill | “We need to focus on
the real enemy.” TechDirt | Harper’s
parliamentary secretary, Paul Calandra, insisted it’s all a lie and then flat
out insulting both the CBC and Glenn Greenwald. Adan Salazar | Lawmakers
ludicrously claim tax-per-mile needed to offset prevalence of fuel-efficient
cars. Kit Daniels | Wal-Mart’s CFO practically admits that
company largely benefits from the expense of taxpayers. Bernanke
Leaves Fed with Record Balance Sheet of $4,102,138,000,000 CNS News | Up 391 percent from
when Bernanke took over as chairman in February 2006. Third Banker Commits Suicide Within a Week Paul Joseph Watson | Why are banking executives killing
themselves? Germany, France, Creditors Hold Secret Meeting Due To Greek
Bailout “Mounting Concerns” Zero Hedge | There was a time – roughly between May
2010 and the spring fall of 2011 – when all the world had to worry about was
Greece. “Fed Has Fingers & Thumbs On The Scales Of Finance,” Grant
Tells Santelli And It “Will End Badly” Zero Hedge | In a mere 140
seconds, Jim Grant explains to an almost stunned into silence Rick Santelli how
we all “live in a valuation hall of mirrors” as the Fed manipulates everything. Exposed:
DHS Censors Report On Use of Deadly Force Prison Planet.com | The
Department of Homeland Security is attempting to stifle debate on its agents
using deadly force. Department of Homeland Security Censors Report On Deadly Force
Kurt Nimmo | Stifles recommendations to prevent
shootings of rock throwers along border. Public Distrust: NBC Dead Last in Trust Poll Truth Revolt | Only 3% trust NBC the most, 6% MSNBC. Prison Planet.com | In an
extraordinary display of stupidity, NFL fans show just how decadent and foolish
they really are. Flashback: 9/11 and the gold in the NY Federal Reserve Jon Rappoport | With reports
that Germany can’t get back much of its gold stored in the NY Federal Reserve,
I remembered what I was writing just after 9/11. Exclusive: Feds threatening Michigan family farm with armed raid
Natural News | Heavy fines and a
longstanding dispute. Girl Banned From Selling Cupcakes Proves Government Out of Control
Michael Snyder | 11-Year-Old
Girl BANNED From Selling Cupcakes By Control Freak Government Bureaucrats. Bionic Mosquito | One need look no further than events in
Boston after the marathon bombing. Infowars.com | Conservative response to homosexuality
should be mass murder, according to Maher. Infowars.com | Here it is ladies
and gentleman, without a shred of doubt. The definite winner of Super Bowl
XLVIII! Infowars.com | Joel Skousen
breaks down why North Korea is being allowed to maintain its present
totalitarian regime. Wall
St. sinks, set for first monthly loss since August Reuters | Giant companies face losses. European Stocks Drop, Head for Worst January Since 2010 Bloomberg | Senior strategist at
UniCredit Bank AG: “We need an increase in earnings momentum to see stock
prices go higher.” U.S.
Embassy Likely Paying Ukraine Rioters Planet Infowars | Western powers likely funding pro-EU
protests in Kiev. Cast
away: Shipwrecked man makes land ‘after 16 months,’ drank turtle blood to stay
alive Telegraph.co.uk | Shipwrecked
man washes up on Pacific atoll ‘after spending 16 months adrift, floating up to
8,000 miles from Mexico.’ This week, three inches of snow
“paralyzed” the ninth-largest city in the United States, and the highways of
Atlanta “resembled
a scene in a post-apocalyptic world” according to national news
reports. Hundreds of cars were abandoned on the side of the road, people
were spending the night in churches and grocery stores, and many walked for
hours in a desperate attempt to get home or find needed provisions. So if
three inches of snow can cause this much chaos in one of our major cities, what
will a full-blown economic collapse look like? Most Americans have no
idea how fragile our way of life is. In the event of a major natural
disaster, a massive EMP blast or a complete economic
meltdown, our lives would change very rapidly, and most people are totally
unprepared for that. (Read More.....) SUPER
SECURITY TAKES OVER SUPER BOWL... Congressman: We can defeat amnesty, executive orders... CHRISTIE PUNCHES BACK: ATTACKS NYT... DEVELOPING...
PAPER:
Welcome to the United States of paranoia... Bernanke
Leaves Fed with Record Balance Sheet of $4.1 Trillion... REPORT:
Nearly Half of America Lives Paycheck-to-Paycheck... STUDY:
People slow to react more likely to die prematurely...
Market
Cornered: JPMorgan Owns Over 60% Notional Of All Gold Derivatives
How
Central Banks Cause Income Inequality
The Obama
Constitution
"The
"Impossible" But Inevitable Solution: Decentralization
"The
'Recovery' Is A Mirage" Mark Spitznagel Warns, "With As Much Monetary
Distortion As In 1929"
Argentina
Scrambles To Raise $10 Billion, Avoid Reserve Collapse; BONARs Bidless
A
Forecast Of Our Energy Future; Why Common Solutions Don't Work
Two
Months After We Said It Would, Goldman Cuts Its GDP Forecast (With Much More To
Come)
Nearly
Half Of America Lives Paycheck-To-Paycheck
Why
This Harvard Economist Is Pulling All His Money From Bank Of America
Martin
Armstrong Warns Ukraine Is Doomed After The Elections
Europe
Is Set To Mandate "Remote Stopping Device" In All Cars For Police Use
Italy
Unveils Most Bizarre Bank Bailout Yet
Explosions
And Heavy Gunfire In Bangkok Ahead Of Elections
Third
Banker, Former Fed Member, "Found Dead" Inside A Week
Attack Chopper Joins Snipers & Checkpoints at Super
Bowl
Obama has done more to circumvent
Congress than Bush
Obama says he’s open to taking
executive action on immigration
Winner Of Super Bowl 48 Announced!
The Obama Agenda Seizes The Super Bowl
Obama tells Obamacare victims to call
help line during live chat session
House candidate calls Clinton
‘Antichrist’
Canadian Gov’t: Spying Revelations Are
A Lie, Greenwald Is A ‘Porn Spy’
Washington State Edges Closer to
Taxing Drivers by the Mile
Wal-Mart: Food Stamp Cuts Hurt Our
Profits
It Ain’t Paranoia If It’s True
Bill Maher: Conservatives to Have Mass
Shooting at Country Music Awards
Winner Of Super Bowl 48 Announced!
Skousen: Why North Korea is The Trigger
If
3 Inches Of Snow Can Cause This Much Chaos In Atlanta, What Will Economic
Collapse Look Like?
Hidden
snipers deployed in stadium...
Black
Hawk Helicopters On Alert...
F-16s
prepared to scramble...
TSA
adds bomb-sniffing dogs...
Vegas
offers odds on 'Omaha', halftime show costumes, power outage...
APE:
SEAHAWKS To Win...
BRONCOS'
Top Receiver's Mom, Grandma To Watch Game From Prison...
'Bullied'
NFL Player Often Boasted Drug, Alcohol Use In Texts...
FACEBOOK
looks to nab TWITTER's 'second screen' crown...
Joe
Namath: Human Body 'Just Not Designed' To Play Football; Admits Dealing With
Brain Issues...
BIG
WEEKEND SPOILED...
Booed
at Times Square Rally...
Footage
Released of GUARDIAN Editors Destroying Snowden Hard Drives...
STOCKS
WORST JANUARY IN FOUR YEARS...
States
see record high long-term joblessness...
BUCHANAN:
How the GOP lost Middle America...
Trump
confirmed to speak at CPAC 2014...