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……
Submitted by williambanzai7 on 12/01/2013
Commemorative
Prints Now Available: [email protected]
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
RELATED: Mandela
Love Fest Ignores Dark Side of Legacy { Typical niggers! }
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...)
By
Michael Snyder, on December 8th, 2013
"If
you repeat a lie often enough, people will believe it." Sadly, that
appears to be the approach that the Obama administration and the mainstream
media are taking with the U.S. economy. They seem to believe that if they
just keep telling the American people over and over that things are getting
better, eventually the American people will believe that it is actually
true. On Friday, it was announced that the unemployment rate had fallen
to "7 percent", and
the mainstream media responded with a mix of euphoria and jubilation. For
example, one USA Today article
declared that "with today's jobs report, one really can say that our long
national post-financial crisis nightmare is over." But is that
actually the truth? As you will see below, if you assume that the labor
force participation rate in the U.S. is at the long-term average, the
unemployment rate in the United States would actually be 11.5 percent
instead of 7 percent. There has been absolutely no employment
recovery. The percentage of Americans that are actually working has
stayed between 58 and 59 percent for 51 months in a row. But most
Americans don't understand these things and they just take whatever the
mainstream media tells them as the truth.
And of course the reality of the
matter is that we should have seen some sort of an economic
recovery by now. Those running our system have literally been mortgaging
the future in a desperate attempt to try to pump up our economic numbers.
The federal government has been on the greatest debt binge in U.S. history and
the Federal Reserve has been printing money like crazed lunatics. All of that
"stimulus" should have had some positive short-term effects on the
economy.
Sadly, all of those
"emergency measures" do not appear to have done much at all.
The percentage of Americans that have a job has stayed remarkably flat since
the end of 2009, median household income has fallen for five years in a row,
and the rate of homeownership in the United States has fallen for eight years
in a row. Anyone that claims that the U.S. economy is experiencing a
"recovery" is simply not telling the truth. The following are
37 reasons why "the economic recovery of 2013" is a giant lie...
#1 The only reason that the official
unemployment rate has been declining over the past couple of years is that the
federal government has been pretending that millions upon millions of
unemployed Americans no longer want a job and have "left the labor
force". As Zero Hedge recently demonstrated, if the
labor force participation rate returned to the long-term average of 65.8
percent, the official unemployment rate in the United States would actually be 11.5
percent instead of 7 percent.
#2 The percentage of Americans that are
actually working is much lower than it used to be. In November 2000, 64.3 percent of all working age Americans had a
job. When Barack Obama first entered the White House, 60.6 percent of all working age Americans had a
job. Today, only 58.6 percent of all working age Americans have a
job. In fact, as you can see from the chart posted below, there has been
absolutely no "employment recovery" since the depths of the last
recession...
#3 The employment-population ratio has now
been under 59 percent for 51 months in a row.
#4 There are 1,148,000 fewer Americans
working today than there was in November 2006. Meanwhile, our population
has grown by more than 16 million people during that time frame.
#5 The "inactivity rate" for men in
their prime working years (25 to 54) has just hit a brand new all-time
record high. Does this look like an "economic recovery" to
you?...
#6 The number of working age Americans without
a job has increased by a total of 27 million since the year 2000.
#7 In November 2007, there were 121.9 million full-time workers in the United
States. Today, there are only 116.9 million full-time workers in the United States.
#8 Middle-wage jobs accounted for 60 percent of the jobs lost during the
last recession, but they have accounted for only 22 percent of the jobs created since
then.
#9 Only about 47 percent of all adults in
America have a full-time job at this point.
#10 The ratio of wages to corporate profits in
the United States just hit a brand new all-time low.
#11 It is hard to believe, but in America today
one out of every ten jobs is now filled by a temp agency.
#12 Approximately one out of every four
part-time workers in America is living below the poverty line.
#13 In this economic environment, there is
intense competition even for the lowest paying jobs. Wal-Mart recently
opened up two new stores in Washington D.C., and more than 23,000 people
applied for just 600 positions. That means that only about 2.6 percent of
the applicants were ultimately hired. In comparison, Harvard offers
admission to 6.1 percent of their applicants.
#14 According to the Social Security
Administration, 40 percent of all U.S. workers make less
than $20,000 a year.
#15 When Barack Obama took office, the average
duration of unemployment in this country was 19.8 weeks. Today, it is 37.2 weeks.
#16 According to the New York Times, long-term
unemployment in America is up by 213 percent since 2007.
#17 Thanks to Obama administration policies
which are systematically killing off small businesses in the United States, the
percentage of self-employed Americans is at an all-time low today.
#18 According to economist Tim Kane, the following is how
the number of startup jobs per 1000 Americans breaks down by presidential
administration...
Bush Sr.: 11.3
Clinton: 11.2
Bush Jr.: 10.8
Obama: 7.8
#19 According to the U.S. Census Bureau, median
household income in the United States has fallen for five years in a row.
#20 The rate of homeownership in the United
States has fallen for eight years in a row.
#21 Back in 1999, 64.1 percent of all Americans were
covered by employment-based health insurance. Today, only 54.9 percent of all Americans are
covered by employment-based health insurance, and thanks to Obamacare millions more Americans are
now losing their health insurance plans.
#22 As 2003 began, the average price of a
gallon of regular gasoline was about $1.30. When Barack Obama took office, the
average price of a gallon of regular gasoline was $1.85. Today, it is $3.26.
#23 Total consumer credit has risen by a
whopping 22 percent over the past three years.
#24 In 2008, the total amount of student loan
debt in this country was sitting at about 440 billion dollars. Today, it
has shot up to approximately a trillion
dollars.
#25 Under Barack Obama, the velocity of money
(a very important indicator of economic health) has plunged to a post-World War II low.
#26 Back in the year 2000, our trade deficit
with China was 83 billion dollars. In
2008, our trade deficit with China was 268 billion dollars. Last year, it was 315 billion dollars. That was the largest
trade deficit that one nation has had with another nation in world history.
#27 The gap between the rich and the poor in
the United States is at an all-time record high.
#28 Right now, 1.2 million students that
attend public schools in the United States are homeless. That is a brand
new all-time record high, and that number has risen by 72 percent since the
start of the last recession.
#29 When Barack Obama first entered the White
House, there were about 32 million Americans on food stamps. Today, there
are more than 47 million Americans on
food stamps.
#30 Right now, approximately one out of every five
households in the United States is on food stamps.
#31 According to the Survey of Income and
Program Participation conducted by the U.S. Census, well over 100 million Americans are
enrolled in at least one welfare program run by the federal government.
#32 In 2000, the U.S. government spent 199 billion dollars on
Medicaid. In 2008, the U.S. government spent 338 billion dollars on
Medicaid. In 2012, the U.S. government spent 417 billion dollars on
Medicaid, and now Obamacare is going to add tens of millions more Americans to
the Medicaid rolls.
#33 In 2000, the U.S. government spent 219 billion dollars on
Medicare. In 2008, the U.S. government spent 462 billion dollars on
Medicare. In 2012, the U.S. government spent 560 billion dollars on
Medicare, and that number is expected to absolutely skyrocket in the years
ahead as the Baby Boomers retire.
#34 According to the most recent numbers from
the U.S. Census Bureau, an all-time record high 49.2 percent of all Americans are
receiving benefits from at least one government program.
#35 The U.S. government has spent an astounding
3.7 trillion dollars on
welfare programs over the past five years.
#36 When Barack Obama was first elected, the
U.S. debt to GDP ratio was under 70 percent. Today, it
is up to 101 percent.
#37 The U.S. national debt is on pace to more than double during the eight years of
the Obama administration. In other words, under Barack Obama the U.S.
government will accumulate more debt than it did under all of the other
presidents in U.S. history combined.
Fortunately, it appears that
most Americans are not buying into the propaganda. According to a new CNN survey, the percentage
of Americans that believe that the economy is getting worse far exceeds the
percentage of Americans that believe that the economy is improving...
Americans
views on the state of the nation are turning increasingly sour, according to a
new national poll.
And
a CNN/ORC International
survey released Friday also indicates that less than a quarter of the
public says that economic conditions are improving, while nearly four in ten
say the nation's economy is getting worse.
Forty-one percent of those questioned in the poll say
things are going well in the country today, down nine percentage points from
April, and the lowest that number has been in CNN polling since February 2012.
Fifty-nine percent say things are going badly, up nine points from April.
So what do you think?
Do you believe that the U.S.
economy is getting better or getting worse? Please feel free to share
what you think by posting a comment below...
Prison Planet.com | We have now reached the critical point
where Obama’s imperial presidency will set a precedent.
Prison Planet.com | “If you want to, you can pay for it,” Dr.
Emanuel said.
Zero Hedge | “They may be listed
as actually participating, but not of their own volition.”
Daily Caller | A California
county has banned a veteran employee from criticizing Obamacare.
The Hill | “We’re left with no
choice,” said Rep. Jason Chaffetz (R-Utah). “The president can’t just go it
alone, that’s not who we are as a country.”
Washington Times | President
Obama called on Republican lawmakers Saturday to spend tens of billions on
unemployment benefits.
bizpacreview.com | He has now
come forward to say what motivated him.
bizpacreview.com | Saturday
marked the 72nd anniversary of the attack onPearl Harbor, and while the nation
remembers the “day which will live in infamy,” apparently theObama White House
– not so much.
Daily Caller | The New York City
Police Department (NYPD) is sending out letters telling gun owners to turn over
their rifles and shotguns — or else face the consequences.
Mediaite | “Where’s my
cellphone? Can I call my wife?” Paul joked as he attempted to deflect the
inquiry.
IRS using
Google Maps to spy on taxpayers
Daily Caller | Agents from the
Internal Revenue Service (IRS) are using Google Maps as part of their tool kit
to audit taxpayers and organizations, The Daily Caller has learned.
Marc Faber: “Financial Crisis Don’t Happen Accidentally, They Are
Inevitable”
Marc Faber | I am fascinated how
major events that arose from longer-term trends are often explained by
short-term causes.
Sen. Rand Paul pushes ‘Economic Freedom Zones’ for Detroit
Washington Times | Sen. Rand
Paul vowed Friday to push a proposal to create “economic freedom zones” in
Detroit that would slash taxes and regulatory red tape in an attempt to revive
the city’s economy.
41% of Net New Jobs in November Were in Government
CNSNews.com | Federal, state and local governments
hired a net additional 338,000 workers in November
Infowars.com | We have now reached the critical point
where Obama’s imperial presidency will set a precedent.
Infowars.com | “If you want to, you can pay for it,” Dr.
Emanuel said.
Reuters | “If there is another recession, it is
going to be worldwide,” Fama said.
L.A. Times | As we predicted, pensions will be looted.
Daily Caller | A California
county has banned a veteran employee from criticizing Obamacare.
Detroit
Ruling Opens Door to Pension Cuts Across the Nation
L.A. Times | As we predicted, pensions will be looted.
Sen. Paul knocks call for more long-term jobless aid, says
creating ‘perpetual unemployed’
Fox News | Senator also says he is seriously
thinking about running for president.
Obama: Hole U.S. ‘digging out of’ requires billions more in
unemployment benefits
Washington Times | Obama never
addresses the root of the problem.
12/08/2013 - 10:14
Janet
Yellen is readying herself to take over the duties of Ben Bernanke. What can we
expect from her?
Japan
is likely to launch even more QE in early 2014 and a much lower yen may result.
That'll have dramatic consequences, perhaps greater than US tapering.
Submitted
by Tyler Durden on
12/08/2013 - Following
China's unveiling of its air defense identification zone (ADIZ) in the East
China Sea, overlapping a large expanse of territory also claimed by Japan, the
Japanese media has, as The
Japan Times reports, had a dramatically visceral reaction on the various
scenarios of a shooting war. From Sunday Mainichi's "Sino-Japanese war to
break out in January," to Flash's "Simulated breakout of war over the
Senkakus," the nationalism
(that Kyle Bass so notably commented on) is rising. Which side,
wonders Shukan Gendai ominously, will respond to a provocation by pulling the trigger?
The game of chicken between two great superpowers is about to begin
has begun.
Submitted
by Tyler Durden on
12/08/2013 - As fear
and nationalism rise in Japan (and Abe's grip on the people founders amid
falling approval ratings and underperforming economic indicators such as GDP
tonight), so another party has joined the debacle in the East China Sea. As NHK World
reports, South Korea has officially announced that it will expand
its air defense identification zone, making it partially overlap those of Japan
and China. The game of chicken over small islands (and submerged
rocks!) in the middle of nowhere continues...
Submitted
by Tyler Durden on
12/08/2013 - 21:38
Just out from the NYT's
Fed watcher Appelbaum:
Fed’s Plan to Taper Stimulus Effort Not Expected Until Next
Year
At the same time, out
from the WSJ's Hilsenrath:
Fed Closes In On Winding Down Bond Purchasing
Who is right? Are both right?
Are both wrong? Does anyone even care? Far more relevant is what is the Fed's
price target for the Monday and year end close.
Submitted
by Tyler Durden on
12/08/2013 - 20:58
BREAKING:
Thai Prime Minister Yingluck Shinawatra dissolves Parliament, calls for
elections.
—
The Associated Press (@AP) December 9, 2013
Submitted
by Tyler Durden on
12/08/2013 - The
American people are coming to the realization that everything Ron Paul has
stood for in the last 40 years is true. He has been proven right regarding the
Federal Reserve, the Military Industrial Complex, and the Warfare/Welfare
Surveillance State. The American people have grown weary of inflation, wars of
choice and being spied upon. Ron Paul’s consistently right message is
finally making headway... The corporate media will avoid reporting it.
They try their best to ignore Ron Paul’s 30 plus year intellectual march through
our institutions. But the facts in Pew Research’s 50 year survey
of US views of “America’s place in the world” do not lie: This year the
highest percentage of Americans ever — 53 percent — agree with the statement
that “the US should mind its own business internationally and let other
countries get along the best they can on their own.”
Submitted
by Tyler Durden on
12/08/2013 - While
some may think trading these manipulated capital markets has become a leading
cause of premature death over the past year, that is not the case. At
least not yet. Instead, the leading causes of early death are shown on the
chart below compiled by Wired. It maps "the global cost of early mortality
- some 1.7 billion years of potential human life forefited annually - sorted by
cause of death."
Submitted
by Tyler Durden on
12/08/2013 -
Following yesterday's
polls, we suspect this cartoon sums up the view of many 'faithful' as they
head into the new year. Of course, no matter what faces change next year, the
Fed will always be there...
Submitted
by Tyler Durden on
12/08/2013 -
Regardless of the arbitrage
opportunities available to "all cash" buyers, who would be happy to
park some cash in real estate, the fact that ultraluxury foreclosures are
soaring also means that even the "1%" is starting to succumb to
reality and beginning to feel the pressure of a financial reality in which only
the "too biggest" can never fail. So what are the properties in
question? The photo gallery below, courtesy
of RealtyTrac, shows just where any given $5 million + property stopped
making its mortgage payments.
Submitted
by Tyler Durden on
12/08/2013 - "The
shale oil plays are going to be probably much less than a 10-year flash in the
pan. They
are very dependent on a lot of different things, including low interest rates
and the ability to keep borrowing - which could turn around very quickly. Lower
oil prices would tend to do the same thing. But even if you hypothesize that we
can keep the low interest rates and that the oil price will stay up there,
under the best of circumstances, the Barnett data says they probably will not
go for very long... And so these companies put together optimistic financial statements
that have the benefit of these extremely low interest rates. They keep adding debt onto debt onto debt.
How long can they continue to get more debt to finance this whole operation? It's
not a model that anybody who is very sensible would follow."
Submitted
by Tyler Durden on
12/08/2013 -
Having discussed the
advantages and disadvantages of the crypto-currency and noted the extreme
volatility of the last few weeks, it seemed only a matter of time before
some ambitious entrepreneur tried to monetize the volatility. What better way
to "manage the risk" of your virtual currency horde than buying (or selling)
options (in a more levered way). Predictious,
the Dublin-based prediction market, this week unveiled Bitcoin Option
Spreads enabling both long- and short-positions to be constructed on
the already extremely volatile 'asset'. Regulatory clamp-down in 3..2..1...
Submitted
by Tyler Durden on
12/08/2013 - According
to Hong
Kong customs data, in the month of October (with the usual one month
delay), China imported 148 total tons of gold in a month in which the price of
gold, once again plunged. Curiously, unlike momentum chasers of paper ETF
promises to get gold delivery, China continues to BTFD in gold, and the
148 tons of import in the past month was the second highest monthly import ever
through Hong Kong, second only to the 224 tons imported in March of 2013. Compared
to a year ago, when the price of gold was over 30% higher, China has imported
over 200% more than the 48 tons it bought through Hong Kong a year ago. At
least someone is grateful for plunging gold prices.
Submitted
by Tyler Durden on
12/08/
To
know your enemy, you must become your enemy -Sun Tzu
In war, poker, chess and many
other endeavors, wise old hands will advise you to think like your opponent.
We’ll try a related idea here by seeing if we can think like the members of the
Federal Open Market Committee (FOMC). Specifically, we’ll pretend to write part
of the statement for the FOMC’s December 17/18 meeting.
Submitted
by Tyler Durden on
12/08/2013 - Now
that Athens' Syntagma square has been put on indefinite hiatus since everyone
has finally figured out the game between Greece and Athens (Greece grudgingly
promises to reform but doesn't, at the same time Troika grudgingly threatens to
cut off funding for Greece unless reforms are implemented but doesn't... even
as the fate of the people gets worse), a new square has emerged as the focal
point in the fight for (and against) Europe - Kiev's Independence Square.
Submitted
by Tyler Durden on
12/07/2013 - With
all the excitement about Japan's soaring stock market (if plunging wages),
crashing non-digital currency (leading to soaring energy prices), recent
passage of an arbitrary secrecy bill ("Designed
by Kafka & Inspired By Hitler"), and ongoing territorial spat with
China, it is almost as if the Abe administration is desperately doing
everything in its power, including some of the most ridiculous decisions taken
by a government in recent history, to hide some key development behind the
scenes. Such as this one perhaps: NHK
reported today that TEPCO said radiation levels are extremely high in an
area near a ventilation pipe at the crippled Fukushima Daiichi nuclear power
plant. TEPCO found radiation of 25 sieverts an hour on a duct,
which connects reactor buildings and the 120-meter-tall ventilation pipe.
Putting this number in context the estimated radiation level is the
highest ever detected outside reactor buildings. People exposed to this level
of radiation would die within 20 minutes.
Submitted
by Tyler Durden on
12/07/2013 - The
reigning paper money system is at the center of the growing income inequality
and expanding poverty rates
we find in many countries today. Nevertheless, states continue to grow in power
in the name of taming the market system that has supposedly caused the
impoverishment actually caused by the state and its allies. If those
who claim to speak for social justice do nothing to protest this, their silence
can only have two possible reasons. They either don’t understand how
our monetary system functions, in which case, they should do their research and
learn about it; or they do understand it and are cynically ignoring a major
source of poverty because they may in fact be benefiting from the paper
money system themselves.
OBAMACARE
PLANS EXCLUDE TOP HOSPITALS
Obamacare
Architect: If You Like Your Doctor, You Can Pay More...
70%
Of Calfornia's Doctors Expected To Boycott...
Group
Brings 'Opt-Out' Message to College Students...
Medicaid
time bomb...
Snowden
to give evidence to EU parliament...
Local
cops tap cellphone data...
IRS
Using GOOGLE Maps to Spy on Taxpayers...
FBI
Can Secretly Activate Individual's Webcam...
WINTER
WONDERLAND...
Sleet, ice, deep
freeze hit large swath of USA...
Texas
Setting Snow Records...
Cold rewrites
Oregon history books...
CHILL MAP...
'Climate
Change' Warning: Killer Winter Storms for Next THIRTY Years...
Snow
falling. In Australia. In summer.
Protesters
in Kiev Topple Lenin Statue as Rallies Grow...
'Hang
the Commie'...