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 burned 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……
The
Cat recommends the following video:
http://www.youtube.com/watch?feature=player_embedded&v=DBNYwxDZ_pA
{
The Cat dispatching this archaic reptilian remnant of an extinct species. Yet, doesn’t
the ill-fated croc seem to be smiling a typically wide grin as if to say, ‘he’s
glad to be done-in by such a noble creature as the Cat’ (as opposed to lesser
species including all forms of apes and their progeny, potentially even winding
up as a pocket-book, belt, or pair of shoes). Yes, there’s a place in the
universe for Cats! }
THe
WReCK OF THe USS OBaMaCaRe...
Submitted by williambanzai7 on 11/18/2013 13:45 -0500
.
LiaR
OF THe JeKYLL...
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.
Fake
Employment Numbers – And 5 More Massive Economic Lies The Government Is Telling
You
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....)
HeaLTHCaRe
BDSM
Submitted by williambanzai7 on 11/15/2013 10:28 -0500
.
INTRoDuCiNG
WiLLiaMBaNZai7'S SPeCiaL EDiTioN oF HoLiDaY PuKeS...
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
THiS
TWeeT Is DiFFeReNT!
Submitted by williambanzai7 on
11/12/2013
A List Of 23 Famous Obama
Quotes That Turned Out To Be Broken Promises Or Cold-Hearted Lies
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.
By
Unilaterally Changing Obamacare, Obama Is Making A Mockery Of The Constitution
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.....)
Too BiG To
JaiL...
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!
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 ) }
I
HaVe HaZ ENuFFS!!!
Submitted by williambanzai7 on 11/16/2013 22:04 -0500
.
.
.
.
.
.
Collecting
Donations For Wal-Mart Employees That Cannot Afford Thanksgiving Dinner?
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....)
Obamacare:
The Final Nail In The Coffin For The Middle Class
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 Monetizing A Staggering Amount Of U.S. Government Debt
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
Announces That It Is Going To Stop Stockpiling U.S. Dollars
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....)
Obamacare
Is Going To Be The Biggest Expansion Of The Welfare State In U.S. History
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.....)
10 Obamacare Horror Stories That Are Almost Too Crazy To Believe
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…
13 Nephilim
Skulls Found In Mexico?
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....)
hedgeless_horseman
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.....)
"The
Senate was established to make sure that minorities are
protected."-Senator Harry Reid 12/8/06 ......scratch
that...... This gridlock [filibusters] has consequences. Terrible...
The
best silver lining Goldman Sachs found when faced with the total and utter
collapse in their global leading indicator swirlogram was - (probably)
stabilizing. The only improving factor across all their global economic
components was the US initial jobless claims (and that has been a farce wrapped
in a debacle for 2 months of 'glitches'). Having led global industrial
production for a few months, it seems the indicator is crashing back
to reality as the summer's hopefulness is exsanguinated from hard and soft data
around the world.
Peter
Schiff is sympathetic "with what [bitcoin] is trying to achieve,"
but as he explains in this brief clip he believes, "they are using
the wrong vehicle." After rising from less than $20 to more than
$600 in one year, many investors are wondering if bitcoin might be worth the
risk, Schiff adds, nothing that early adopters pitch bitcoin as "gold
2.0" – a digital currency that cannot be manipulated like fiat money.
Bitcoins are even "mined," similar to physical gold and
silver (and are scarce and divisble); but as Schiff explains, bitcoins
still fail as a substitute for gold and strongly urges investors to avoid this
risky new currency. Bitcoin could very well have already hit its top, but Peter
is confident gold is still well below its future record highs.
David
Einhorn begins his discussion on the market warning that "certain
aspects of the market are very much in bubble," with
investors "dismissing valuation metrics." "The market is
confused," between useful products and real profit streams, he suggests
for a number of headline-grabbing higly speculative names. More broadly,
Einhorn believes real damage has been done by Fed policy, and is
"not convinced if or when they will ever taper." Crucially,
he adds, we may see another rollover/recession and "the Fed will pour more
fuel on the fire." The cognitive bias he exposes is that most people
believe the Fed policy is supporting the economy (in some way), whereas (
Supported
by economic weakness overnight in Asia and a weak Philly Fed print (bad
news is good news) along with hope from more QE out of the BoJ, JPY
weakness floated all boats today as homebuilders and financials surged lifting
stocks tick for tick with carry. Yellen's nomination provided yet another lift.
Treasuries rallied (though the long-end remains +10bps on the week). Precious
metals were monkey-hammered early then dead for the rest of the day (-4% on the
week) as oil prices surged higher ( +1.6% on the week). The USD Index
glitched lower on no neg rates chatter early from Europe but the quietness in
the index hid major dispersion as AUD was craushed (now 1.6% lower on the
week). Credit markets rallied (but remain well off stocks) and VIX was
compressed as low volumes meant a slow lift higher (and Trannies best day in
almost 5 weeks). Shorts suffered the most until POMO ended - tripling
market performance.