Note: I’m here in San Diego County in my new/old
39 foot Chevy Motorhome. I can’t get a signal for my Verizon LG smartphone
(I’ll be taking a spin in my Ford Explorer in search of a signal; my VOIP phone,
magicjack requiring a broadband connection, is currently not up except for
voicemail). The radio reception is also limited which led me to ‘sample’ some
limited AM offerings which included shallow sean hannity the hallmark of
insanity, and ‘rush revere’ [limbaugh… he’s totally burnt out (the consequence
of his being ‘tired of carrying the water for the republican party’? - his own
words), relegated now to authoring children’s illustrated books of a simplistic
nature]. Shallow sean’s latest ‘crusade’ (beyond the same note/key obvious
debacle of wobamacare) was defense of the indefensible mobster but friend of
sean’s, donald trump (trump should be in jail). In defense of t_rump, he offers
up the itsy-bitsy, teeny weeny wohlman skating rink project as evidence of
t_rump’s contribution to NYC (too small for high new york priority given the
magnitude of New York substantial problems, some largely the result of trumpish
tastes, ie., solid gold trump tower fixtures, etc., that trump’s ‘pre-packaged
bankrupcies’ seem to fail to touch, and which extravagance must be paid for by
someone, but not him). Shallow sean’s excoriation of new york city never seems
to link the obviousness of t_rump’s grandstanding responsibility for same.
After all, someone ultimately has to pay for trump’s disproportionate
non-value-added livin’ large. No talk of trump’s ingratiating bribe strategy
for protection ( ie., retainer’s to law firms linked to state attorney
generals, viz., {kimmelman} wolf and sampson, chris droney’s brother, his
sister’s protection/corruption and quid pro quo from the federal bench, etc.,
and as well, protection of drug-money laundering through his now nominal only
casinos … See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm .
Trump’s a fraud! I won’t be listening to ‘rush revere’ or shallow sean
prospectively. They’re a waste of time and preposterous given their unbridled
support of war criminals bush, cheney, etc., and the failed debacles they
created, etc……
Submitted by williambanzai7 on 12/01/2013
Commemorative
Prints Now Available: [email protected]
Submitted by williambanzai7 on 12/15/2013
"Just
as we did for the Occupy Wall Street protestors in Zucotti Park and the Snow
Park encampment in Oakland, we are here to support your just cause…"
WB7:
Just
sayin'
Submitted by williambanzai7 on 12/14/2013
Submitted by williambanzai7 on 12/12/2013
I'm
dreaming of a white noise Christmas
Just like the ones I used to know
Where the tower tops glisten
And spooks can't listen
To hear our data in the snow
With every Christmas card emailed
May your days be merry and bright
And may all
Your Christmases be quiet...
MERRY
CHRISTMAS ED, wherever you are...
From
WilliamBanzai7 and the rest of the fringe low brows at Zero Hedge
Submitted
by williambanzai7 on
12/09/2013
.
.
Submitted by williambanzai7 on 12/07/2013
The
slippery slope to Fascism is coated with radioactive wasabi...
Submitted by williambanzai7 on 12/06/2013
Submitted by williambanzai7 on 12/03/2013
Weekend
Krugman
Submitted by Tyler Durden on 12/04/2013 - 16:03
While hardly as spectacular as Hugh Hendry's supernova flameout, or the far more boring, slow
motion conversion of the assorted other famous and less famous bears, a
legendary hedge fund titan has decided he too has no use for excess capital in
this broken market. No surprise then that Institutional Investors' Alpha reports that Baupost's
Seth Klarman is returning $4 billion in capital to investors for only the
second time in its history due to "a lack of investment opportunities."
And watching how the epic farce that Bernanke's wealth effect known as the
Stalingrad & Poorski trades in the last 30 minutes of every day nobody can
blame him. And no, Klarman is not returning cash due to some hidden
underperformance: "Baupost’s many partnerships were up 13 percent, on
average, through the September quarter. Its annualized return since inception
is in the high teens." This happens to push it in the top decile of all
hedge funds in 2013.
Submitted by williambanzai7 on 12/02/2013
Submitted by williambanzai7
on 11/28/2013
HANK’S RESTAURANT
(Arlo Guthrie--Alice’s Restaurant)
Adapted by WilliamBanzai7
This song is called Hank’s Restaurant,
and it’s about Hank,
and the restaurant,
but Hank’s Restaurant is not the name of the restaurant,
that’s just the name of the song,
and that’s why I called the song Hank’s Restaurant.
You can take anything you want from Hank’s Bailout Restaurant
You can take anything you want from Hank’s Bailout Restaurant
Walk right in it’s around the back
Just a half a mile from the Federal Reserve Bank
You can take anything you want from Hank’s Bailout Restaurant
Now it all started Hanksgiving Day 2008
when my friend Fabulous Fab and I went up to visit Hank at the
restaurant,
but Hank doesn’t like sittin in there,
he likes sittin near a fella named Blankfein in Goldman Sachs’
Wall Street office,
in a big glass tower.
And being in a tower like that,
they got a lot of room downstairs.
Havin’ all that room,
they decided that they didn’t have to take out their subprime
garbage for a long time.
We got up there,
we found all the toxic subprime garbage in there,
and we decided it’d be a friendly gesture for us to take the
garbage down to the Federal Reserve shitty deal dump, Maiden Lane.
So my friend and I took the $700 billion tons of subprime
garbage,
put it in the back of a red Humvee stretch limo, including CDSs
and CDOs and other implements of financial
mass destruction and headed on toward the Maiden Lane shitty
deal dump.
Well we got there and there was a big sign and a chain across
across the dump saying,
"By order of Emperor Benron--No Dumping on Hanksgiving."
And we had never heard of a shitty deal dump closed on
Hanksgiving before,
and with tears in our eyes we drove off into the sunset looking
for another place to put the toxic asset garbage.
We didn’t find one.
Until we came to a side road,
and off the side of the side road there was another financial
black hole hole and at the bottom of the hole there was
a big pile of Wall Street garbage, offering circulars, stress
tests, analyst reports, mortgage notes and such.
And we decided that one big pile is better than two little
piles,
and rather than bring that one up we decided to throw our’s
down.
That’s what we did, and drove back to the restaurant,
had a Thanksgiving dinner that couldn’t be beat,
went to sleep and didn’t get up until the next morning,
when we got a phone call from Porn Commissioner Cox.
He said, "Kid, we found your name on an Abacus offering
circular at the bottom of a half a ton of shitty deals,
and just wanted to know if you had any information about
it."
And I said, "Yes, sir, Mr. Porn Commissioner,
I cannot tell a lie, I put that Abacus offering circular under
that garbage."
After speaking to Porn Commissioner Cox for about fourty-five
minutes on the telephone we finally arrived at
the truth of the matter and said that we had to go down and
pick up the subprime garbage,
and also had to go down and speak to him at the Porn
Commission’s NY Regional office.
So we got in the red Humvee Limo with the CDOs and CDSs and
implements of financial mass destruction and
headed on toward the Porn office upstairs at Score’s.
Now friends, there was only one or two things that the
Commissioner coulda done at the Porn office,
and the first was he could have shown us some hot porn tubes of
Mary Schapiro doin the deed,
which wasn’t very likely, and we didn’t expect it,
and the other thing was he could have bawled us out and told us
never to be seen driving toxic asset backed
garbage around the vicinity of Wall Street again,
which is what we expected,
but when we got to the Porn Commission’s office there was a
third possibility that we hadn’t even counted upon,
and we was both immediately arrested.
Handcuffed.
And I said Mr. Porn Commissioner sir, I don’t think I can pick
up the toxic garbage with these handcuffs on.
He said, "Shut up, kid. Get in the back of the car."
And that’s what we did, sat in the back of the car and drove to
the quote Scene of the Crime unquote.
I want tell you about Wall Street, where this happened here,
they got three Federal regulators, the SEC, the
CFTC and the FBI, but when we got to the Scene of the Crime
there was all kinds of Black Ops people running
around,
this being the biggest financial crime of the last five
consecutive Wall Street trading days,
and everybody wanted to get in the newspaper story about it.
And the TSA, they was using up all kinds of equipment that they
had hanging around the anti-traveler unit.
They was taking plaster tire tracks, finger prints, dog smelling
prints, and they took twenty seven eight-by-ten
glossy back scatter scans with circles and arrows and a
paragraph on the back of each one explaining what each
one was to be used as evidence against us.
Took scans of the approach, the getaway, the northwest corner
the southwest corner and that’s not to
mention the aerial drone photography.
After the ordeal, we went back to the jail.
Porn Commissioner Cox said he was going to put us in the cell.
Said,
"Kid, I’m going to put you in the cell, I want your wallet
and your belt."
And I said, "I can understand you wanting my wallet so I
don’t have any money to spend in the cell,
but what do you want my belt for?"
And he said, "Kid, we don’t want any hangings."
I said, "did you really think I was going to hang myself
for financial intermediation?"
Porn commissioner Cox said he was making sure,
and friends the Porn Commissioner was,
cause he took out the toilet seat so I couldn’t hit myself over
the head and drown,
and he took out the toilet paper so I couldn’t bend the bars
roll out the – roll the toilet paper out the window,
slide down the roll and have an escape.
The PornCommissioner was making sure,
and it was about four or five hours later that Hank (remember
Hank? It’s a song about Hank),
came by and with a few nasty words to Porn Commissioner Cox on
the side,
Bailed us out using Federal taxpayer money,
and we went back to the restaurant,
had a another Hanksgiving dinner that couldn’t be beat!!
You can take anything you want, from Hank’s Bailout Restaurant
You can take anything you want, from Hank’s Bailout Restaurant
Walk right in it’s around the back
Just a half a mile from the Federal Reserve Bank
You can take anything you want, from Hank’s Bailout Restaurant
WB7: This is my favorite Thanksgiving song. It is also the only
one I know.
Arlo Authrie, if you don’t know him, is the son of Woody
Guthrie, a famous folk singer who was no friend of Wall Street.
I originally did this version of Alice’s Restaurant in September
2008. This is my updated version, which is really an excuse for me to play this
song for you and to once again say…
HAPPY HANKSGIVING ALL!!
WB7
Submitted by williambanzai7 on 11/29/2013
Animal studies made famous by John Calhoun (1962)
show that crowding in the animal world results in what he calls the
"behavioral sink."
Human studies made famous by Dr Satoshi Nakamura
show that intensive rounds of Keynesian money printing in the financial
world result in what he calls the "Walmart sink" and what Dr Ben
Bernanke calls the "Kitchen Sink".
Submitted by williambanzai7 on 11/25/2013
.
Bernanke is printing out bones
His favorite's the one for Dow Jones
Her Keynesian schooling
Has Old Yellen drooling
As she licks her androgynous zones
The Limerick King
Submitted by williambanzai7 on 11/18/2013 13:45 -0500
Submitted by williambanzai7 on 11/19/2013
“TO BIT OR NOT
TO BIT”
WilliamBanzaiShakespeare
To Bit, or not to Bit: that is the question:
Whether ’tis nobler in the mind to suffer
The slings and arrows of outrageous fiat distortions,
Or to take arms against a sea of endless bubbles,
And by opposing end them? To die: to sweep;
No more; and by a sweep to say we end
The heart-ache and the thousand Wall Street schtupps
That insolvent flesh is heir to, ’tis a con-flagellation
Devoutly to be dish’d. To die, to sweep;
To sweep: perchance to scream: ay, there’s the hubub;
For aft that sweep of bankster dregs what new reams may come?
When we have shuffled off the immoral coinage,
Must give us pause: there’s the hazard of moral neglect
That makes calamity of sound money life;
For who would bear the whips and scorns of fiat debasement ,
The oppressor’s wrong, the borrowing idiot's contumely,
The pangs of despised austerity, the law of gravity's delay,
The insolence of central banking office and the spurns
That impatient murmur of money changing snakes,
When he himself might his quietus make
With a Benjamin Bernankin? who would QE fardels bear,
To grunt and sweat under a weary life of indebtured servitude,
But that the dread of something after redemption prior to maturity,
The undiscovered monetary wasteland from whose bourn
Are no asset returns, puzzles the will
And makes us rather bear those monetary ills we have
Than fly to others that we know not much of?
Thus risk avoidance does make cowards of us all;
And thus the creative hue of fiscal revolution
Is sicklied o’er with the pale cast of doubt,
And genius enterprises of great pith and moment
With this regard alternative currencies turn awry,
And lose the name of action.–Soft you now!
And now the Bitcoin hysteria…
While Banksta pimps 'r in thy orfices
Be all our financial sins and cowardices priced in.
According to a whistleblower that has recently
come forward, Census employees have been faking and manipulating U.S.
employment numbers for years. In fact, it is being alleged that this
manipulation was a significant reason for why the official unemployment rate
dipped sharply just before the last presidential election. What you are
about to read is incredibly disturbing. The numbers that the American
people depend upon to make important decisions are being faked. But
should we be surprised by this? After all, Barack Obama has been caught telling dozens of major
lies over the past five years. At this point it is incredible that
there are any Americans that still trust anything that comes out of his
mouth. And of course it is not just Obama that has been lying to
us. Corruption and deception are rampant throughout the entire federal
government, and this has been the case for years. Now that some light is
being shed on this, hopefully the American people will respond with
overwhelming outrage and disgust. (Read More....)
Submitted by williambanzai7 on 11/15/2013 10:28 -0500
Submitted by williambanzai7 on 11/13/2013 14:47
Here they are. WilliamBanzai7's Special Holiday
Puke Fine Art Print Editions just in time for the Christmas Holidays…
.
.
Dear Friends,
Here before you is a truly historic series of
images that I have painstakingly adapted to the current state of sordidly
odiferous political/financial affairs.
Years from now, there will be little doubt over
what the artist was seeing and thinking contemporaneously in the year 2013.
I am not going to oversell these pictures. They
speak for themselves.
They also demonstrate how history truly rhymes on
Wall Street.
I have all of these in very large high resolution
files. So every print will match the highest standards of fine art print
production.
As you can see, I have departed from normal
practice by offering these prints in an assortment of sizes. I have done this
solely to maximize your
participation by spreading price points. Bear in
mind that the amount of personal time and effort involved is the same
irrespective of print size.
Each print will be signed, numbered and dated
December 25, 2013.
I know that many of you are suffering various
levels of economic hardship in these trying times. As is always the case, you
are free to print these off for your own personal use.
I truly appreciate all the the moral and
financial support that I receive from all of you.
As you know, the primary reason that I am doing
these prints is to signify my gratitude in return for your generous support for
my endeavors.
It is my sincerest wish that the situation will
turn sooner than later so that each and everyone of us can return to
personal prosperity.
Best wishes to you all,
And Fuck You Ben Bernanke!
WB7
Submitted by williambanzai7
on 11/12/2013
How
many lies can one president tell and still retain any credibility? What
you are about to see is absolutely astounding. It is a long list of
important promises that Barack Obama has broken since he has been
president. If he had only told a few lies, perhaps the American people
would be willing to overlook that. After all, pretty much all of our
politicians our liars. Unfortunately, many of the lies that Obama has
told appear to have been quite cold-hearted in nature. For example, Barack
Obama repeatedly made the promise that “you
will be able to keep your health care plan” under Obamacare. But now
we are learning that he knew that this was a lie all along. Not only
that, the Democrats in Congress knew that this was a lie all along too.
In fact, U.S. Senator Kirsten Gillibrand, a Democrat, said
the following when she was asked about Obama’s promise to the American
people recently: “He should’ve just been specific. No, we all knew.” You
can see video of her making this statement right
here. The truth is that they all knew that millions upon millions of
Americans would lose their current health care policies under Obamacare.
They deliberately lied just so that they could get the law passed.
And
of course this is far from the only major lie that Obama has told in recent
years. The following is a list of 23 famous Obama quotes that turned out
to be broken promises or cold-hearted lies…
#1 “If you like
your doctor, you will be able to keep your doctor. Period. If you like your
health care plan, you will be able to keep your health care plan. Period. No
one will take it away. No matter what.”
#2 “My
administration is committed to creating an unprecedented level of openness in
government.”
#3 “We agree on
reforms that will finally reduce the costs of health care. Families will save
on their premiums…”
#4 “I don’t want
to pit Red America against Blue America. I want to be the president
of
the United States of America.”
#5 “We’ve
got shovel-ready projects all across the country that governors and
mayors are pleading to fund. And the minute we can get those investments
to the state level, jobs are going to be created.”
#6 “And we will
pursue the housing plan I’m outlining today. And through this plan, we will
help between 7 and 9 million families restructure or refinance their mortgages
so they can afford—avoid foreclosure.”
#7 “I will sign a
universal health-care bill into law by the end of my first term as president
that will cover every American and cut the cost of a typical family’s premium
by up to $2,500 a year.”
#8 “We reject the
use of national security letters to spy on citizens who are not suspected of a
crime.”
#9 “For people
with insurance, the only impact of the health-care law is that their insurance
is stronger, better, and more secure than it was before. Full stop. That’s it.
They don’t have to worry about anything else.”
#10 “We will close
the detention camp in Guantanamo Bay, the location of so many of the worst constitutional
abuses in recent years.”
#11 “Allow
Americans to buy their medicines from other developed countries if the drugs
are safe and prices are lower outside the U.S.”
#12 “We will
revisit the Patriot Act and overturn unconstitutional executive decisions
issued during the past eight years.”
#13 “Will ensure
that federal contracts over $25,000 are competitively bid.”
#14 “We reject
sweeping claims of ‘inherent’ presidential power.”
#15 “Will
eliminate all income taxation of seniors making less than $50,000 per year.
This will eliminate taxes for 7 million seniors — saving them an average of
$1,400 a year– and will also mean that 27 million seniors will not need to file
an income tax return at all.”
#16 “We support
constitutional protections and judicial oversight on any surveillance program
involving Americans.”
#17 “If we have
not gotten our troops out by the time I am president, it is the first thing I
will do. I will get our troops home, we will end this war. You can
take that to the bank.”
#18 “Will not sign
any non-emergency bill without giving the American public an opportunity to review
and comment on the White House website for five days.”
#19 “The President
does not have power under the Constitution to unilaterally authorize a military
attack in a situation that does not involve stopping an actual or imminent
threat to the nation.”
#20 “We have a
choice in this country. We can accept a politics that breeds division and
conflict and cynicism…. That is one option. Or, at this moment, in this
election, we can come together and say, ‘Not this time….’”
#21 “We’ve got to
spend some money now to pull us out of this recession. But as soon as we’re out
of this recession, we’ve got to get serious about starting to live within
our means, instead of leaving debt for our children and our grandchildren and
our great-grandchildren.”
#22 “[T]oday I’m
pledging to cut the deficit we inherited in half by the end of my first term in
office. This will not be easy. It will require us to make difficult decisions
and face challenges we’ve long neglected. But I refuse to leave our children
with a debt that they cannot repay – and that means taking responsibility right
now, in this administration, for getting our spending under control.”
#23 “I, Barack
Hussein Obama, do solemnly swear that I will execute the office of president of
the United States faithfully, and will to the best of my ability, preserve,
protect, and defend the constitution of the United States.”
About
the author: Michael
T. Snyder is a former Washington D.C. attorney who now publishes The Truth. His new thriller entitled “The
Beginning Of The End” is now available on Amazon.com.
Since when can a president change a law all by
himself? By unilaterally declaring that certain provisions of Obamacare
will not be enforced, Barack Obama is making a mockery of the U.S.
Constitution. For those that have not read it, the U.S. Constitution says
that the president “shall
take Care that the Laws be faithfully executed“. So when Obama
declares that he will not enforce certain provisions of Obamacare for a year,
he is directly violating the Constitution. And as Stanford Law School
Professor Michael McConnell wrote back in July, the Office of Legal
Counsel for the Justice Department “has always insisted that the president has
no authority, as one such memo put it in 1990, to ‘refuse to enforce a statute
he opposes for policy reasons.’” This is an open and shut case. If
the U.S. Congress still had a shred of respect for the Constitution, they would
immediately demand that Obama enforce the law as written. If Obama
refused, they should immediately impeach him. We are a country that is
run by the rule of law, and just because Obama’s new law completely screws up
one-sixth of the economy does not mean that he can unilaterally change
it. In our system, Congress makes the laws and the president enforces
them. If we allow any president to unilaterally change laws whenever he
does not like them, then that puts us dangerously close to having a dictator in
the White House. (Read More.....)
Submitted by williambanzai7 on
11/20/2013
The
Law demands that we atone
When we take things
that we don't own;
But leaves the lords and
ladies fine
Who take things that
are yours and mine...
Anonymous, circa 1764
.
.
The dice of this moron are loaded
All trust in our system's eroded
But still he plays on
A Kleptocrat Con
He'll play till the world has exploded
The Limerick King
.
.
.
.
.
.
Commemorating 100 Years of Central Bankster
Schtupping
[I am just too stupid to figure out why this
picture won't center. It's not that I haven't spent 15 minutes staring at the
damned HTML code]
WB7
We Americans are basically a very simple people.
Our formula for past successes has essentially
been distilled as follows: maintain a "can-do" attitude, believe in
the "American way", honest hard work will be rewarded, abundant
opportunity and upward mobility for all.
Those who play the prosperity game correctly may
look forward to retirement in a spleniferous life of leisure and
Obamacare.
Once upon a time, this is is what American
Thanksgiving was supposed to look like...
Most Americans desperately cling to the foolish
Ponzi pipe dream of a notion that this Thanksgiving dream is still possible.
And for some PhD morons who evidently borrow
subprime QE money to purchase shitty American vehicles made principally of
plastic components sourced in Shenzen, the dream has been fullfilled.
Unfortunately, for reasons far to numerous to
enumerate in this post, this is all just a Ponzi Pilgrim's delusion.
There is one big kahuna of a fucking reason so
very plainly obvious.
When it comes to ridding our fucking system of
finance, the "fucking system" if you will, of all the learned fucking
thieves sitting the top of the fucking Ponzi pyramid, we are hopelessly screwed
up each and every one of our Holland and Lincoln Tunnels.
The same cheap fucking QE paper that buys those
shitty vehicles will also pay the much ballyhooed $13 Billion JPM shyster fine.
Half of JPM's profits in 2013.
Gobble fucking Goebbels.
I won't insult anyone's fringe low brow
intelligence by asking who has been convicted.
In any event, such a scenario is far to fetched
to even consider.
Instead I will pose the following question:
The biggest most egregious case of financial
fraud and chicanery by a US banking institution measured by the fiat of the fine.
The biggest fine ever!
"Hoooly Cow!"--Phil Rizutto
Have the regulators who are in charge of the
whole JP Clusterfuck (you know the ones who keep getting reappointed, promoted
or hired by private equity firms) applied their very substantial leverage to
force the Shyster in Chief of JP Cesspool to cede his shysterly position by
resigning?
Is this something that could have happened? Of
course it is.
Don't believe me?
Go and ask our distinguished colleague Bill
Black, Esq what he thinks.
Does the fact that the same schlemiel will remain
in charge of the old JP Cesspit send the rest of us a message?
You better believe it does...
Whatcha are you gonna do sisters and brothers?
Sadly, for most of the rest of America it all
boils down to this...
Goebbel, Goebbel, Goebbel!
Atheist
'mega-churches' take root across US, world { They are intellectually dishonest, disingenuous, and most
importantly, absolutely wrong. Quite simply, atheists are pathetic! }
Knox's
knife DNA casts doubt on murder weapon
{ I’ve had occasion to
read the well-written book ‘Murder in Italy’ by award-winning italian-american
author, Candace Dempsey, which documents the horrific travesty called ‘italian
justice’ (actually blatant injustice) torturously imposed upon Amanda Knox et
als (rudy guede excepted). So outrageous but typical of these typical italians
( like packs of the rabid dogs they are pre-disposed to be). (Parenthetically,
my grandparents, both of whom I loved and respected – Elsie/Nanny, Bari, Italy
and Martin/Mario/PopPop (Peia), Lake Como, Italy – were not typical as such;
but rather, thoroughly modern in all respects relative to time and extremely
civilized in a manner to be emulated … although, truth be told, I found
italians with mob/mafia links/connections/sympathies to be like those rabid
perugians/italians who outrageously pilloried Amanda Knox, See, ie., http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm ) }
Submitted by williambanzai7 on 11/16/2013 22:04 -0500
.
You may find what is happening at
one Wal-Mart in Ohio very hard to believe. At the Wal-mart on Atlantic
Boulevard in Canton, Ohio employees are being asked to donate food items so
that other employees that cannot afford to buy Thanksgiving dinner will be able
to enjoy one too. You can see a photo of the donation bins that has been
posted on Twitter right
here. On the one hand, it is commendable that someone at that
Wal-Mart is deeply concerned about the employees that are so poor that they
cannot afford to buy the food that they need for Thanksgiving. On the
other hand, this is a perfect example that shows how the quality of the jobs in
this country has gone down the toilet. Wal-Mart is the largest employer
in the United States and it had operating income of 26.5
billion dollars last year. Wal-Mart is not required to pay their
employees a decent wage, and it is very unlikely that anyone will force them
to. But they should. Because Wal-Mart does not pay
decent wages to their employees, the rest of us end up with the bill. As
you will see below, huge numbers of Wal-Mart employees end up on Medicaid and
other government assistance programs. Meanwhile, those that control Wal-Mart
continue to enjoy absolutely massive profits. (Read More....)
If
there were any shreds of hope left that the stunning decline of the middle
class could be turned around, Obamacare has absolutely destroyed them.
Over the past decade or so, the middle class in the United States has been absolutely eviscerated. The number of
working age Americans without a job has increased by 27 million since the year 2000, median household
income in the U.S. has fallen for five years in a row, and the poverty
numbers in this country are spiraling out of control. And now
here comes Obamacare. As you will see below, Obamacare is causing
millions of Americans to lose their current health insurance policies, it is
causing health insurance premiums to explode to absolutely ridiculous levels,
and it is systematically killing jobs even though the employer mandate has been
delayed for a while. All of this is creating a tremendous amount of stress
for millions of middle class families that are already stretched extremely thin
financially. According to CNN, a survey that was conducted earlier this year found that 76
percent of all Americans are living paycheck to paycheck. Most of those
families simply cannot afford to pay much higher health insurance premiums for
new policies that also come with much larger deductibles and significantly
increased out-of-pocket costs. Millions of those families will ultimately
end up choosing to do without health insurance altogether, and that will create
a whole host of new problems. This is a disaster that is so enormous that
it is really hard to put into words. If the U.S. health care system was a
separate country, it would be the 6th largest economy on the entire globe all
by itself. And now Obamacare is going to bring the entire U.S. health
care system to its knees. (Read More....)
The
Federal Reserve is creating hundreds of billions of dollars out of thin air and
using that money to buy U.S. government debt and mortgage-backed securities and
take them out of circulation. Since the middle of 2008, these purchases
have caused the Fed's balance sheet to balloon from under a trillion dollars to
nearly four trillion dollars. This represents the greatest central bank
intervention in the history of the planet, and Janet Yellen says that she does
not anticipate that it will end any time soon because "the recovery is still
fragile". Of course, as I showed the other day, the truth is that
quantitative easing has done essentially nothing for the average person on the
street. But what QE has done is that it has sent stocks soaring to record
highs. Unfortunately, this stock market bubble is completely and totally
divorced from economic reality, and when the easy money is taken away the
bubble will collapse. Just look at what happened a few months ago when
Ben Bernanke suggested that the Fed may begin to "taper" the amount
of quantitative easing that it was doing. The mere suggestion that the
flow of easy money would start to slow down a little bit was enough to send the
market into deep convulsions. This is why the Federal Reserve cannot stop
monetizing debt. The moment the Fed stops, it could throw our financial
markets into a crisis even worse than what we saw back in 2008. (Read More....)
Americans
Are Disgusted By BOTH Republicans and Democrats Posted by : George Washington Post date: 10/11/2013 - 60% of Americans Want a Third Party Candidate
for 2016 { Make that a ‘Second
Party Candidate’ since there seems to be a morphed one party which could be
aptly called the repdemolicansocrats which has supported failure, obama’s
failure, ultimately at every turn, though contraindicated, favoring that 1%
with their ‘non-plan plan’ which has somewhat obfuscated wobama’s unequivocal
failure in terms of selling the sizzle ( like Zimbabwee, soaring
inflation/asset bubbles/paper share prices, etc.) … Bob Woodward did not mince
words in positing blame with wobama …
Yet, the incompetence/corruption is pervasive which is my direct
observation and experience … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
China
just dropped an absolute bombshell, but it was almost entirely ignored by the
mainstream media in the United States. The central bank of China has
decided that it is "no longer in China’s favor to accumulate
foreign-exchange reserves". During the third quarter of 2013,
China's foreign-exchange reserves were valued at approximately $3.66 trillion. And of course
the biggest chunk of that was made up of U.S. dollars. For years, China
has been accumulating dollars and working hard to keep the value of the dollar
up and the value of the yuan down. One of the goals has been to make
Chinese products less expensive in the international marketplace. But now
China has announced that the time has come for it to stop stockpiling U.S.
dollars. And if that does indeed turn out to be the case, than many U.S.
analysts are suggesting that China could also soon stop buying any more U.S.
debt. Needless to say, all of this would be very bad for the United
States. (Read More....)
Can
the U.S. government afford to pay for the health care of 38 million more
people? As you will see below, Obamacare is going to be the biggest
expansion of the welfare state in U.S. history. It is being projected
that a decade from now 17 million Americans will be receiving Obamacare
subsidies and an additional 21 million Americans will have been added to the
Medicaid rolls. At a time when we are already running trillion dollar
deficits, is this really something that the government should be taking
on? In addition, it is being projected that bringing millions upon millions
of new people into the Medicaid program will also cause enrollment in many
other federal welfare programs such as food stamps to surge. Right now,
the percentage of Americans that are financially dependent on the U.S.
government is already at an all-time high, and Obamacare is going to cause the
level of government dependence to go much, much higher. But how much
weight can the “safety net” actually carry before it breaks entirely? (Read More.....)
The
more Americans learn about Obamacare, the less they like it. They were
promised that under Obamacare they would be able to keep their current health
insurance plans, that health insurance premiums would be lower, and that
millions more Americans would be able to get coverage. But none of those
promises are turning out to be true. Right now, millions of Americans are
receiving cancellation notices from their health insurance companies –
including many Americans that are in a life or death battle with cancer.
By the end of next year, it is being projected that up
to 100 million more Americans could have their health insurance policies
canceled. Meanwhile, large numbers of Americans are discovering that
their “new plans” are going to cost them two, three, four or even five times as
much as their old plans cost them. You are about to see some shocking
examples of this. And now that the reality of Obamacare is really
starting to sink in for the American people, the popularity of the law is
starting to drop like a rock. According to a brand new
CBS News poll that was just released, only 31 percent of all Americans
still approve of Obamacare while an astounding 61 percent of all Americans now
disapprove of it. Perhaps if we get that number to 70 or 80 percent, the
politicians in Washington D.C. will cave in and we can get this law
repealed. So please share this article with as many people as you
possibly can. The following are 10 Obamacare horror stories that are
almost too crazy to believe… (Read More.....)
Edie Littlefield Sundby: “My grievance
is not political; all my energies are directed to enjoying life and staying
alive, and I have no time for politics. For almost seven years I have fought
and survived stage-4 gallbladder cancer, with a five-year survival rate of less
than 2% after diagnosis. I am a determined fighter and extremely lucky. But
this luck may have just run out: My affordable, lifesaving medical insurance
policy has been canceled effective Dec. 31.
My
choice is to get coverage through the government health exchange and lose
access to my cancer doctors, or pay much more for insurance outside the
exchange (the quotes average 40% to 50% more) for the privilege of starting
over with an unfamiliar insurance company and impaired benefits.”
Patricia in North Carolina:”I am a 62 year
old woman who has an individual policy with BCBS of North Carolina. My
premiums are $249.50 per month. I bought the policy when I retired and
moved to NC to be closer to my aging parents. The policy is a high
deductible one with a $2700 deductible, $5000 out of pocket maximum. BCBS
has told me my plan is no longer offered due to Obamacare and that my new plan
will cost $600.55 per month and has a required an out of pocket maximum of
$6350.”
Jacqueline Proctor: Take, for
example, Jacqueline Proctor of San Francisco. She and her husband are in their
early 60s. They have been paying $7,200 a year for a bare-bones Kaiser
Permanente health plan with a $5,000 per person annual deductible. “Kaiser told
us the plan does not comply with Obamacare and the substitute will cost more
than twice as much,” about $15,000 per year, she says.
This
new plan, Kaiser’s cheapest offering for 2014, would consume about 25 percent
of their after-tax income. The new plan still has a $5,000 deductible but
provides coverage for things her current policy does not, such as maternity
care, healthy child visits and coverage for dependents up to age 26. Proctor
has no use for such coverage, since her son is 30.
Gloria Cantor: Gloria Cantor
of Florida has cancer — five brain tumors and tumors in her bones — but she
won’t have the health insurance she has relied on for her treatment for much
longer.
Mrs.
Cantor and her husband, Jay, told WFTV in Orlando that their insurance is being
dropped in order to comply with Obamacare regulations.
“The
Cantors received [a] letter in the mail [that] explains Gloria’s health
insurance will end next summer due to the Affordable Care Act,” reporter Lori
Brown says. “But after promises by President Obama … the Cantors now feel
betrayed. After the insurance company drops them, it will offer them a
different plan that it admits will be more expensive. The Cantors are
especially worried because their doctors cannot assure them that [the MD
Anderson Cancer Center] will still accept the new plan.”
A Zero Hedge Reader: My company,
based in California, employs 600. We used to insure about 250 of our employees.
The rest opted out. The company paid 50% of their premiums for about
$750,000/yr.
Under
obamacare, none can opt out without penalty, and the rates are double or
triple, depending upon the plan. Our 750k for 250 employees is going to $2
million per year for 600 employees.
By
mandate, we have to pay 91.5% of the premium or more up from the 50% we used to
pay.
Our
employees share of the premium goes from $7/week for the cheapest plan to
$30/week. 95% of my employees were on that plan. Remember, we used to pay
50% now we pay 91.5% and the premiums still go up that much!!
The
cheapest plan now has a deductible of $6350! Before it was $150. Employees
making $9 to $10/hr, have to pay $30/wk and have a $6350 deductible!!! What!!!!
They
can’t afford that to be sure. Obamacare will kill their propensity to seek
medical care. More money for less care? How does that help them?
Ashley Dionne: I graduated
from The University of Michigan in 2009. In my state, this used to mean
something, but even with a bachelor’s I was told I was too educated and
wouldn’t stay. I watched as kids with GEDs and high school diploma’s took the
low-paying jobs for which I applied.
I
went back to school and got a second degree and finally found work at a gym. I
work nights and only get 32 hours a week for eight dollars an hour. I’m unable
to find a second job at this time.
I
have asthma, ulcers, and mild cerebral palsy. Obamacare takes my monthly rate
from $75 a month for full coverage on my “Young Adult Plan,” to $319 a month.
After $6,000 in deductibles, of course.
Liberals
claimed this law would help the poor. I am the poor, the working poor, and I
can’t afford to support myself, let alone older generations and people not
willing to work at all.
This law has raped my future.
It
will keep me and kids my age from having a future at all.
This
is the real face of Obamacare and it isn’t pretty.
George Schwab: George Schwab,
62, of North Carolina, said he was “perfectly happy” with his plan from Blue
Cross Blue Shield, which also insured his wife for a $228 monthly premium. But
this past September, he was surprised to receive a letter saying his policy was
no longer available. The “comparable” plan the insurance company offered him
carried a $1,208 monthly premium and a $5,500 deductible.
A Middle Class Texas Family: Obamacare is
named the “Affordable Care Act,” after all, and the President promised the
rates would be “as low as a phone bill.” But I just received a confirmed letter
from a friend in Texas showing a 539% rate increase on an existing policy
that’s been in good standing for years.
As
the letter reveals (see below), the cost for this couple’s policy under Humana
is increasing from $212.10 per month to $1,356.60 per month. This is for a
couple in good health whose combined income is less than $70K — a middle-class
family, in other words.
Michael Cerpok: “I’ve worked
hard because I’ve had to, and I’ve had to, because cancer runs in my family,”
says Cerpok, who picked his current health insurance based on that family
history. His monthly premium is just about half of his monthly take-home pay.
Back
in 2006, he found out he had an incurable form of leukemia that requires
ongoing treatment until he dies.
In
2012, his treatment bill was more than $350,000. But because of his insurance,
his out-of-pocket was only $4,500.
That’s
about to change because Michael just got a letter from his insurance carrier
saying as of January 1, he would be dropped from coverage because of new
regulations under Obamacare.
Bill
Elliot: Fox News host Megyn Kelly shared a heart
rendering story Thursday night of a South Carolina man with cancer who is being
forced to make what he sees as a life or death decision after his health
insurance plan was cancelled because of Obamacare.
Bill
Elliot, who voted for President Obama, contacted “The Kelly File” via Facebook
and said he can no longer afford to pay his medical bills and does not want to
take on the new costs because he does not want to put a “burden” on his family,
according to Fox News.
Saying
he feels “misled,” Elliott told Kelly his new insurance will cost him $1,500
per month with a $13,000 deductible, adding that he will opt to pay the minimal
fine for not having health insurance and “will just let nature take its
course.”
—–
So
what do you think about Obamacare? Please feel free to share your
thoughts by posting a comment below…
So
much of what we have been taught about ancient history is simply not
true. According to Mexico’s National Institute of Anthropology and
History, a team of archaeologists working close to the Mexican village of
Onavas has made an amazing discovery. They reportedly found 13 ancient
human specimens that had grossly elongated skulls. You can find original
photographs of this discovery right here, but the descriptions of the
photos are in Spanish. The Mexican scientists are telling us that these
skulls are approximately 1,000 years old, and that no skulls of this nature
have ever been found in this region of Mexico before. So exactly what is
going on here? Are these elongated skulls simply the product of an
ancient technique known as “cradle-boarding”, or is there another explanation?
Could these actually be Nephilim skulls that prove that an ancient race of
hybrids once roamed the planet? You might want to hold on to your hat –
because the (Read More....)
Submitted by williambanzai7 on 11/22/2013 10:01 -0500
TIN CAT
Can
the U.S. government afford to pay for the health care of 38 million more
people? As you will see below, Obamacare is going to be the biggest
expansion of the welfare state in U.S. history. It is being projected
that a decade from now 17 million Americans will be receiving Obamacare
subsidies and an additional 21 million Americans will have been added to the
Medicaid rolls. At a time when we are already running trillion dollar
deficits, is this really something that the government should be taking
on? In addition, it is being projected that bringing millions upon
millions of new people into the Medicaid program will also cause enrollment in
many other federal welfare programs such as food stamps to surge. Right
now, the percentage of Americans that are financially dependent on the U.S.
government is already at an all-time high, and Obamacare is going to cause the
level of government dependence to go much, much higher. But how much
weight can the “safety net” actually carry before it breaks entirely? (Read More.....)
Oprah
Winfrey: Obama is victim of racism; racists ‘just have to die’ (453 comments) { Former
Secret Service Agent: Holder Justice Dept 'Travesty'... The race card? Again? That dog don’t hunt
nomore! … Mayor
Throws Racial Tirade After Drunk Driving Arrest; 'You F*****g Crackers'... Who are the racists? … UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘ignore
cases that involve black defendants and white victims’
POLICE: Black teenagers light 13-year-old on fire;
'You get what you deserve, white boy'...Typical
n*****s! Come on! People are tired of making making up excuses for the blacks.
It’s always the same story with them, no matter where. http://www.albertpeia.com/whitesvictimizedbyblacks.htm http://www.albertpeia.com/whitesvictimizedbyblacks.htm Drudgereport: 'Mob' beatings at WI state fair... 'Hundreds of young black people beating white
people'... [ Typical n*****s! Good thing there are food
stamps; otherwise they’d be reverting to their inherent proclivity for
canabalism (send them back to africa … even give them a lump sum for an
irrevocable repatriation incentive … a huge cost-saving beyond the first year
with substantial salutary effects for the nation, the economy, and the
remaining civilized non-blacks). The other major crimes they do anyway. It’s
their nature. You’ll never change the nigger … they evolved only to ‘a point’
and no further. ] Fairgoers 'pulled out of cars'... 'They were just going after white people'... Heightened security... [ I refrained from using the ‘n word’ (or
even blacks / negroes) in referring to the culprits in the following two
incidents (those tender sensibilities) but I’m sure you’ve guessed that they
were niggers and I include same here in light of the foregoing incident (and
yes, the victims were white), which is typical. ‘.. while walking through
Military Park (a sliver of a “park” - more a pedestrian thoroughfare/cement
walks) in newark, new jersey on the way to the bank during lunch hour, I heard
the clearly audible screams/cries of what turned out to be an old lady on the
ground with blood streaming from her mouth. I ran toward the sound of the
cries, the source of which I could not see because there were so many people in
and about this thoroughfare so as to block any vision of the source of the
cries. When I came to the woman, on the ground, blood streaming from her mouth,
I asked what happened, to which she responded she had been hit in the mouth and
knocked to the ground, her purse stolen/put inside her shopping bag, and she
pointed out the criminal casually now walking across the main street. Nobody
stopped to help her, many having passed her by. I slammed the thug to the
ground so hard that, in light of all the blood and confusion (limbic system /
adrenalin flow) I thought I had been stabbed (the blood was from his elbows
hitting the pavement so hard - no one helped / a crowd gathered / an undercover
cop happened along). When I testified at the Grand Jury Proceeding I made sure
his threat on my life was set forth in prima facie fashion so as to maximize
the DA’s position with both felonies ( he went to prison – pled out ). The
other case I wrote about here ( This was included on my website in the
Psychology forum discussion of ‘bystander effect’ / diffusion of
responsibility. ) - Having had occasion to have run down a mugger in newark,
n.j. who apparently had followed a girl from the bank on her way to the bursar
to pay tuition, though in pretty good shape, I was astounded by how totally
exhausting such a pursuit was, how much like rubber my arms were when I traded
punches with the perpetrator, and truth be told, if I had a flashlight on my
belt, I have little doubt that I would have probably used it to subdue the perp
(a police officer here in California was the object of intense criticism for
having used a flashlight to subdue a criminal
/ nigger after a long chase so I included that here) . The girl was not
that seriously injured, did get her pocketbook and tuition back, and the criminal
/ nigger went to jail (where they belong). The other thing about such a pursuit
that amazed me was that no one else assisted the girl or me despite being in a
position to do so. I was also mugged by 4 niggers and 2 hispanics in an
incident here in Los Angeles, CA. But, to be fair and balanced, the RICO
litigation involves those uncivilized who consider themselves ‘whites’ http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
(predominantly but not exclusively jews / romans-italians / mobsters /
government slugs). ]
Black Serial/Mass/Spree Killer List:
1. Matthew Emanuel Macon
(Murdered and Raped 5 White Women in Lansing)
2. Jimmie Reed
(Murdered his wife and his 2 month old daughter and set them on fire)
3. Shelly Brooks
(Murdered 7 prostitutes in Detroit Cass Corridor)
4. Justin Blackshere (Stabbed two white cooks
at Cheli’s Chili downtown Detroit)
5. Jervon Miguel Coleman
(Murdered three people.)
6. Donell Ramon Johnson
(Murdered a mother and a daughter)
7. Brian Ranard Davis
(6 women known murdered by nigger)
8. Paul Durousseau
(Seven women)
9. Mark Goudeau “The Baseline Killer” (Eight
women and a man in 2005-2006)
10. Coral Eugene Watts
(11 women in Texas & 1 in Michigan)
11. Anthony McKnight
(Five girls and young women)
12. Derrick Todd Lee (8
Women)
13. Charles Lendelle Carter
(4 known murders; admits to ‘hunting’ Atlantans for 15 years!)
14. The Zebra Killings
(71 White people)
15. Chester Turner
(L.A.s most prolific killer 12 women killed.)
16. Lorenzo J. Gilyard
(Kansas City, MO.—13 victims)
17. Eugene Victor Britt
(Gary, IN.–3 known murder/rapes.)
18. Reginald and Jonathan Carr
(The Wichita Massacre–6 Whites murdered)
19. Ray Joseph Dandridge and his
uncle, Ricky Gevon Gray (Richmond, VA.–Murdered 7 people in 7 days,
including an entire White family.)
20. The Tinley Park Murderer
(Suspect hasn’t been found but has been described as black – murdered 5 women
in a store.)
21. Henry Louis Wallace
(Raped and strangled 5 women to death.)
22. Charles Johnston
(Murdered 3 unarmed white men in hospital)
23. Craig Price (Brutally murdered 3 women)
24. Harrison Graham
(Brually Murdered 3 women)
25. Charles Lee “Cookie” Thornton
(Murdered 6 Whites at the Kirkwood, MO. city council. )
26. & 27. Darnell Hartsfeld & Romeo
Pinkerton (Abducted and Murdered 5 from a restaurant)
28 &29. John Allen Muhammad & Lee Boyd Malvo (Sniped 11 people from a
car in DC, 9 died.)
30. George Russell (3 women, WA state)
31. Timothy W. Spencer (5 killed, Arlington, VA and Richmond, VA)
32. Elton M. Jackson (12 gay men killed, Norfolk, VA area)
33. Carlton Gary (3 killed in Columbus, GA)
34. Mohammed Adam Omar (16 women, Yemen. Omar is Sudanese.)
35. Kendall Francois (8 women, Poughkeepsie, NY and surrounding areas.)
36. Terry A. Blair (8 women, Kansas City area)
37. Wayne Williams (33 many of them children!, Atlanta, GA)
38. Vaughn Greenwood (11 killed in LA)
39. Andre Crawford (10 killed in Chicago – southside)
40. Calvin Jackson (9 killed possibley more in NY)
41. Gregory Klepper (killed 8, Chicago – southside)
42. Alton Coleman (Killed 8 in the Midwest)
43. Harrison Graham (killed 7+ in N. Philadelphia)
44. Cleophus Prince (6 killed in, San Diego
45. Robert Rozier (7 killed in, Miami)
46. Maurice Byrd (killed 20 + in St. Louis)
47. Maury Travis (17 and rising, St. Louis and possibly also Atlanta)
48. Hulon Mitchell, a.k.a. Yahweh Ben Yahweh (killed 20+ in Florida)
49. Lorenzo Fayne (killed 5 children in East St. Louis, IL)
50. Paul Durousseau, (killed 6, two of which were pregnant women, Jacksonville,
FL; Georgia.)
51. Eddie Lee Mosley (killed 25 to 30 women, south Florida)
52. Henry Lee Jones (killed 4 in, south Florida; Bartlett, TN)
53. Richard “Babyface” Jameswhite (15 killed in, New York; Georgia.)
54. Donald E. Younge, Jr. (killed 4), East St. Louis, IL; Salt Lake City, UT.
55. Ivan Hill (killed 6
in Los Angeles area).
56. Michael Vernon (Bronx, NY. Killed at least seven people – )
57. Chester Dewayne Turner (12 women killed in, Los Angeles)
ARREST MADE IN LOS ANGELES GRIM SLEEPER SERIAL KILLER CASE July
07, 2010 http://articles.cnn.com/2010-07-07/justice/grim.sleeper.arrest_1_lonnie-david-franklin-serial-killer-case-family-members?_s=PM:CRIME |By
Mallory Simon, CNN ‘Authorities in California said Wednesday they have arrested
a suspect in the Grim Sleeper serial killer case and will charge him with 10
counts of murder.Lonnie David Franklin Jr., 57, faces an additional count of
attempted murder, Capt. Kevin McClure with the Los Angeles Police Department
said.Franklin will arraigned in court Thursday morning, McClure said.The
California Attorney General's office attributed the arrest to DNA collected
from a relative of the suspect, in a controversial and rarely used practice known
as familial DNA search.’
Of Course There Are Black
Serial Killers by Lynette Holloway on July 15, 2010 The case of the "Grim
Sleeper" inspires a second look at the popular perception that serial
killing is the province of clever white men.
Serial Murderers' Row
July 16, 2010 The following black men are
among the most prolific serial killers in U.S. history. http://www.theroot.com/multimedia/gallery-meet-6-black-serial-killers Plus: Behind the myth
that only white men commit such crimes.
Black Serial Killers Not So Uncommon http://www.amren.com/news/news04/03/03/blackserial.html
200 Involved In Fights At Mall Of America After
Rumors That Rappers Are There...
Miami Heat Players Don Hoodies...
'Dead or Alive' Poster Issued by New Black Panther
Party... [ ‘Minority Report’ Division of Pre-Crime, Pre-Cogs say,
‘Dead or Alive – all niggers’ … whatever the outcome in the investigative
process, the stark reality is that at least, unlike the niggers committing many
more ‘black on white’ violent crimes,
Zimmerman (and this is no endorsement – I won’t be looking at this one
incident all that closely) was at least trying to do a good thing made
necessary by the ever increasing number of brutal crimes committed by the black
thugs in neighborhoods across the nation; then there’s somalian pirates, etc..
People domestically and internationally are suffering from nigger-fatigue and
are totally niggered out. Oh, yeah, there are some Hollywood types who feel good
about themselves having niggers around and helping niggers to help them feel
better than they really are, insecure as they are, by being better than at
least someone beyond fantasy. Loony george clooney is one. Dreadfully boring
and with that monotone, monotonous voice and not that bright, he’s not even
able to fake it on screen as an action hero (ie., batman, what a horrific
miscast) wimpy pussy in reality that he is; then there’s the ‘black (sean)
penn’ who cried like a baby while incarcerated for a couple of days not that
long ago. The atheist jolie, so fatherly troubled as she is, has let the
equally mentally troubled pitt (she so nutty she makes him feel somewhat sane
though still not too bright) and pendulum ‘backwoods bob’ be the closest she’s gotten
to her black projects. Let them live anonomously (in disguise) with the niggers
for some time for a real close look and then see what’s left of their
predisposed love for the nigger. Then there’s the italian scallion, booby
deniro; drug addled as his black wife high-tower, what a total embarrassment to
Italians everywhere; even as he tried to ingratiate himself recently with
niggers everywhere and particularly national embarrassment mammy michele with
the embarrassing pro-nigger first lady remark.. [ Send the niggers back to sub-saharan Africa! ]
'BLACK NIGGERS [ NOT WHITES BY NIGGERS THE
IMPLICATION DESPITE FACTUAL DATA TO THE CONTRARY ] ARE UNDER ATTACK [ SAYS NIGGER SHAKEDOWN ARTIST JACKSON] '
[ Hold on one cotton-pickin’ minute jesse, that’s not what the facts say Obama: ‘If I
had a son, he’d look like Trayvon.’ [ Yeah! He’d look just like any
other nigger. And, don’t worry about the black vote, failed president wobama
the b for b***s*** will get nearly if not all, 100% of the nigger vote!
Drudgereport: Farrakhan Threatens 'Retaliation'… [ Retaliation? Can
you imagine the number of blacks that would have to be retaliated against based
upon the hushed reality of the prevalence of black on white crime? The blacks
should be careful what they wish for in playing that game because the facts
don’t break in their favor. ] ...
People
have become weary of making up excuses for blacks (like obama, holder, etc.).
At some point, as now, people should not be timid about relating the cold,
unvarnished truth statistically / factually about blacks and, ie., black on white violent crime, etc..
From
Pat Buchanan: As for racism, its ugliest manifestation is in
interracial crime, and especially interracial crimes of violence. Is Barack
Obama aware that while white criminals choose black victims 3 percent of the
time, black criminals choose white victims 45 percent of the time? Is Barack aware
that black-on-white rapes are 100 times more common than the reverse, that
black-on-white robberies were 139 times as common in the first three years of
this decade as the reverse? We have all heard ad nauseam from the Rev. Al about
Tawana Brawley, the Duke rape case and Jena. And all turned out to be hoaxes.
But about the epidemic of black assaults on whites that are real, we hear
nothing.
http://www.albertpeia.com/whitesvictimizedbyblacks.htm
The
reality is that blacks are an insoluble problem wherever they are. That’s not
going to ever change; not make-shift/make-work jobs; not programs; not anything
tried or to be tried; hence, they must be treated as exactly that – problems –
before a solution can be derived and fashioned. ] [ Send the niggers, including
niggerbama back to sub-saharan africa! ]
}
Obama:
‘We Have Accomplished As Much, If Not More, Than Any Time in Our History’ { Indeed … all the wrong things
(particularly from a managerial perspective as defined by the late, brilliant
Peter F. Drucker). It’s very unlikely that pervasively corrupt, defacto
bankrupt america will ever recover from the egregious missteps, cover-ups, and
obfuscations. }
CNSNews.com | President
Barack Obama told the crowd at a Democratic fundraiser in Beverly Hills on
Tuesday that he has accomplished “as much, if not more” than any other
president.
{ 12-7-13 Pearl Harbor Day http://www.douglasdietrich.com Wow!
History, indeed. The great, astute, and incisive Napoleon put it this
way … ‘History is but a fable that is agreed upon’ … He also said, ‘From the
sublime to the ridiculous is but a step’….. Indeed! }
DOUGLAS DIETRICH: Exposing World History
– The Reality Behind American Revisionism.
{ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
Dr. Jim Garrow is a former Nobel Peace Prize nominee. He was
responsible for bringing the military
litmus tests (whether soldiers will fire on American citizens) to light
early in 2013. I believed that story because there have been other sources to
report similar occurrences, including the infamous 29 Palms survey.
About a month ago Dr.
Garrow reported that Tom Clancy and Andrew Breitbart were basically
assassinated by operatives from The Obama Administration. I can actually
believe that could be true. However, the part I had a hard time swallowing was
that Garrow claimed to have this knowledge only because he is a former CIA
Agent. I printed that article, written by Dr. Eowyn but I must admit that the
CIA Agent scenario seemed a bit odd to me.
I have two thoughts on this:
Well those stories seem like back page news compared to the
potential bombshell that Garrow just dropped. I don’t like Barack Obama one
bit. I think he is hell bent on destroying America. But would he nuke America?
Like I said, you will have to decide.
Liberty Digest reprinted two Facebook statuses of Dr. Jim
Garrow from November 18th and 19th that have since been removed by Facebook:
Mr. Obama’s intention was to set
off the three nukes to devastate all computer related systems on the continent
thus taking America back 200 years and guaranteeing a total breakdown in society
and with in one year the death of 300 million Americans. To see how this would
be possible read, “One Second After”. You can get it on Amazon.
We peered over the edge of the
precipice of the death of our civilization and have lived to tell the tale. 3
heroes stood tall for America and the mad man in the white house was stopped
for the first time in his life. He is unsure of what to do just now and he does
not possess the keys to the nuclear submarines nor the two nukes that are now
hidden. For the first time in his life someone said no, meant it, and stopped
him from murder and devastation. The next few days are critical. Be afraid and
go to prepper sites to find out how to save your family, if you can. – Dr. Jim
Garrow, Nov. 18, 2013
In the condominium complex in
Casa Grande, Arizona, where I have a unit, a visit was made yesterday by a
group of 4 men in a black Suburban with lots of antenna’s on the roof. The
management of our large group of condo’s was asked to open the door of my unit.
The badges were a combination of many different alphabet agencies including my
former one. Interesting because after I posted about EMP’s and missing nukes my
phone rang late in the evening and I was requested to cease and desist. My
posts have been removed. I am not however repentant, nor cowed. If anything
like this happens again I have instructed people to begin the release of
documents and information as per prepared plans in the hands of these people.
Obama is known for overplaying his hand, and now should be known far and wide
as a dangerous amateur. He may have gotten Breitbart, Hastings and Clancy, but
they were just writers. I hope that he enjoys the protests today in DC. – Dr.
Jim Garrow, Nov. 19, 2013
Read more at http://freedomoutpost.com/2013/11/obama-plan-nuke-america-fall-jim-garrow-completely-nuts/#IgiwTyfcBUOJFYSZ.99
Charles Burris | The real legacy of Nelson Mandela. The Truth About Nelson Mandela Stefan Molyneux | Mandela
is portrayed in the mainstream media as a peace-loving anti-apartheid
revolutionary. }
Infowars.com
December 7, 2013
Nelson Mandela, working with the
Soviet Union, wanted to replace Apartheid tyranny with a Marxist dictatorship.
He and his followers hijacked the Anti-Apartheid Movement in an attempt to
bring communism to South Africa.
{ Niggers are all hype, no substance! }
Pearl Harbor & Pink
Pagoda http://www.coasttocoastam.com
In the first half, renegade
military historian Douglas
Dietrich will discuss what his research has uncovered about the attack on
Pearl Harbor and how FDR's administration provoked Japan and led the United
States into war in order to pull the country out of the Great Depression.
In the second half, Jim Garrow
of Pink Pagoda will talk
about the consequences of China's one child per couple policy.
There
is a hot new game being played in cities all over America, and it is very
simple. You pick out a defenseless person on the street and you try to
knock them out. In most areas, it is known as “the knockout game”.
In some communities it is called by other names such as “point-em-out,
knock-em-out” and “polar bear hunting”. In many instances, the
perpetrators don’t even try to steal anything from the people that they knock
out. The goal is just to “have fun” by brutally attacking an innocent
victim. Well, if this is what young thugs in America will do for fun when
times are still good, what will they be willing to do when our economy really
starts falling apart? Yes, the U.S. economy has
definitely been steadily declining, but the truth is that what we are
experiencing right now is rip-roaring prosperity compared to what is coming in
the years ahead. So what will the streets of America look like when
things get really bad? (Read More.....)
Are you deeply concerned about the
future of America? Is something in your gut telling you that our system
is fundamentally broken and that the mainstream media is not telling you the
truth about what is happening? If so, you are definitely not alone.
Right now, there are millions upon millions of Americans that are absolutely
horrified as they watch this nation deteriorate. In fact, according to an
analysis of recent polling data conducted by Real Clear Politics,
approximately 68 percent of all Americans believe that the country is on the
wrong track and only 23.5 percent of all Americans believe that the country is
on the right track. And of course our problems did not appear just
recently. In fact, many of them are the result of decades of very foolish
decisions and they are not going to be fixed easily. Unfortunately, there
is very little consensus among Americans about how to fix any of our
problems. There is more anger, frustration, hatred and division in the United
States today than there has been in decades, and there is very little hope that
the great storms that are looming on the horizon will be averted. Those
that are wise are preparing for what is coming. Those that are not are
going to be absolutely blindsided by what is rapidly approaching. (Read More....)
The
too big to fail banks have a larger share of the U.S. banking industry than
they have ever had before. So if having banks that were too big to fail
was a "problem" back in 2008, what is it today? As you will
read about below, the total number of banks in the United States has fallen to
a brand new all-time record low and that means that the health of the too big
to fail banks is now more critical to our economy than ever. In 1985,
there were more than 18,000 banks in
the United States. Today, there are only 6,891 left, and that number continues to
drop every single year. That means that more than 10,000 U.S. banks have
gone out of existence since 1985. Meanwhile, the too big to fail banks
just keep on getting even bigger. In fact, the six largest banks in the
United States (JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman
Sachs and Morgan Stanley) have collectively gotten 37 percent larger
over the past five years. If even one of those banks collapses, it would
be absolutely crippling to the U.S. economy. If several of them were to
collapse at the same time, it could potentially plunge us into an economic
depression unlike anything that this nation has ever seen before. (Read More....)
Have you noticed that this
December is unusually cold so far? Could the fact that we have had a record
number of volcanoes erupt in 2013 be responsible? Certainly an unusually calm solar cycle is playing a
significant role in producing all of this cold weather, but as you will see
below the truth is that throughout human history volcanic eruptions have
produced some of the coldest winters ever recorded. In fact, there have
been some major eruptions that have actually substantially reduced global
temperatures for two to three years. So should we be alarmed that the
number of volcano eruptions this year was the highest ever recorded?
Could it be possible that we are heading for a period of global cooling as a
result? And if the planet does cool significantly, could that lead to
widespread crop failures and mass famine? Don’t think that it can’t
happen. In fact, it has happened before and it is only a matter of time
until it happens again.
I knew that we were seeing an
unusual amount of volcanic activity around the planet so far (Read More...)
When
QE1 ended there was a substantial stock market correction, and when QE2 ended
there was a substantial stock market correction. And if you will
remember, the financial markets threw a massive hissy fit a few months ago when
Federal Reserve Chairman Ben Bernanke suggested that the Fed may soon start
tapering QE3. Clearly Wall Street does not like it when their supply of
monetary heroin is interrupted. The Federal Reserve has tricked the
American people into supporting quantitative easing by insisting that it is
about "stimulating the economy", but that has turned out to be a
massive hoax. In fact, I just wrote an article that contained 37 statistics that prove that things just keep
getting even worse for ordinary Americans. But quantitative easing has
been exceptionally good for Wall Street. During
QE1, the S&P 500 rose by about 300 points. During QE2, the S&P
500 rose by about 200 points. And during QE3, the S&P 500 has risen
by about 400 points. The S&P 500 is now in unprecedented territory,
and stock prices have become completely and totally divorced from
reality. In essence, we are in the midst of the largest financial bubble this
nation has ever seen. So what is going to happen when the Fed starts
pulling back the monetary crack and the bubble bursts? (Read More....)
The
“coming persecution of Christians” has already begun. It is already
here. So why is the mainstream media in the United States almost totally
silent about this phenomenon? When some politician somewhere around the
globe inadvertently offends homosexuals or Muslims, it instantly makes headline
news. But very few Americans are even aware that it has been estimated
that 100
million Christians are currently facing persecution and that approximately
100,000 Christians die for their faith each year. As you are about to
see, Christians all over the world are being burned alive, beheaded, crucified,
tortured to death and imprisoned in metal shipping containers just because of
what they believe. This persecution goes on year after year and it is
steadily intensifying. But the governments of the western world and the
mainstream media are almost entirely ignoring what is happening. (Read More.....)
Why are huge numbers of dead birds
dropping dead and washing up along the coastlines of Alaska? It is being
reported that many of the carcases of the dead birds are “broken open and
bleeding”. The photo of some of these dead birds at the top of this
article was originally posted by Alaska native David Akeya on Facebook.
You can find more photos of these dead birds right here. And of course it isn’t
just birds that are dying. As you will see below, something is causing
mass death events among various populations of fish as well. In addition,
it has been reported that large numbers of polar bears, seals and walruses in
Alaska are being affected by hair loss and “oozing sores”. So precisely
what is causing all of this? Could Fukushima be responsible?
Authorities are claiming that all of this is being caused by “disease” or
“harsh weather”, but are they actually telling us the truth? Evaluate the
evidence that I have shared below and decide for yourself…
#1 Something is causing large numbers of dead
birds to wash up on shores all (Read More...)
“Let’s say somebody were [in the
White House] and they wanted to destroy this nation. I would create division
among the people, encourage a culture of ridicule for basic morality and the
principles that made and sustained the country, undermine the financial
stability of the nation, and weaken and destroy the military. It appears
coincidentally that those are the very things that are happening right now.”
-Dr. Ben Carson on March 16th, 2013
That quote by Dr. Ben Carson
does a great job of capturing what is taking place in the United States right
now. If you wanted to destroy the most powerful nation on the planet, the
best way to do so would be to destroy it from the inside out. Right now,
America is more divided than it has been at any point in any of our
lifetimes. Anger and frustration are growing to unprecedented levels, and
one recent survey discovered that the level of trust that Americans have in one
another (Read More...)
All
over America, formerly prosperous communities are being transformed into
crime-infested wastelands of poverty and despair. Of course the most
famous example of this is Detroit. At one time, Detroit was the greatest
manufacturing city that the world had ever seen and it had the highest per
capita income in the entire country. But now it has become a rotting, decaying
hellhole that the rest of the planet laughs at. And of course Detroit is
far from alone. There are hundreds of other U.S. cities that are
suffering a similar fate. In this article, the focus is going to be on
Camden, New Jersey, but the truth is that there are lots of other
"Detroits" and "Camdens" all over the nation. Jobs
and businesses are leaving our cities at a staggering rate, and what is being
left behind is poverty, crime and extreme desperation. (Read More....)
Earlier this month, Rolling Stone
published an article that took a hard look at the nightmare conditions that
exist in Camden. A city that once made Campbell's soup and some of this
nation's most famous warships is now a national disgrace. The following
are six of the best quotes out of that article...
-"In September, its last
supermarket closed, and the city has been declared a "food desert" by
the USDA. The place is literally dying, its population having plummeted from
above 120,000 in the Fifties to less than 80,000 today."
-"Their home is a city with
thousands of abandoned houses but no money to demolish them, leaving whole
blocks full of Ninth Ward-style wreckage to gather waste and rats."
-"With legal business
mostly gone, illegal business took hold. Those hundreds of industries have been
replaced by about 175 open-air drug markets, through which some quarter of a
billion dollars in dope moves every year."
-"On January 18th, 2011,
the city laid off 168 of its 368 police officers, kicking off a dramatic,
years-long, cops-versus-locals, house-to-house battle over a few square miles
of North American territory that should have been national news, but has not
been, likely because it took place in an isolated black and Hispanic ghost
town."
-"After the 2011 layoffs,
police went into almost total retreat. Drug dealers cheerfully gave interviews
to local reporters while slinging in broad daylight."
-"The carnage left Camden's
crime rate on par with places like Haiti after its 2010 earthquake, and with
other infamous Third World hot spots, as police officials later noticed to
their dismay when they studied U.N. statistics."
You can read the rest of the
article right here. But as bad as things
have become in Camden, this should not be a surprise to most of you. The
reality is that this kind of rot and decay is happening in communities all over
the United States.
Over in Detroit, crime has
gotten so bad that even the police are telling people to "enter Detroit at your
own risk". When you call the police in Detroit it takes them an
average of 58 minutes to respond, and more than 90 percent of the
crimes committed in the city end up as unsolved mysteries.
At this point, 60 percent of all children in Detroit
are living in poverty, and there are approximately 78,000 abandoned homes in
the city.
For much more on all this, check
out the statistics in this article, and you can find some great photos
of the "ruins of Detroit" right here.
So why is all of this happening?
Well, there are lots of factors
involved of course, but the biggest one is the lack of good jobs in these
cities.
At one time, Detroit had the
largest and most prosperous middle class in the entire nation. But now
those days are long gone.
And what is happening to Detroit
is precisely what is happening to America as a whole. Our good jobs are disappearing and the middle class is being systematically destroyed.
In order to have a middle class,
you have got to have middle class jobs.
There is no way around that.
And right now, hordes of young
people are graduating from college and discovering that the middle class jobs
that they were promised simply are not there.
CNN recently profiled a 37-year-old college
graduate named Bobby Bingham. Because he cannot find a good job, he is
forced to work four low paying jobs...
Bobby
Bingham works four jobs in Kansas City, Missouri, yet he has very little to
show for it.
Bingham
is 37 years old and has a college degree, but like many Americans, is stuck
working many hours in low wage, part-time jobs.
Each
week, he works a total of about 60 hours in his jobs as a massage therapist, a
waiter at a Mexican restaurant, a delivery man for sandwich chain Jimmy John's
and a receptionist at his massage school.
Bingham makes approximately $400
a week, which works out to about $20,000 a year. He has come to the
conclusion that he may never be able to make enough to support a family...
"I've
come to the point in my life where I wonder if I can ever support a
family," he said. "I have no idea how that's ever going to logically
happen."
That deeply saddened my heart
when I read that. Here is a young man that wants to get married, have a
family and do all the right things, but the economy is so bad that he fears
that this may never be possible for him.
As I have written about
previously, the economic downturn that we are experiencing right now has hit men particularly hard.
The number of men in their prime working years that do not make enough money to
support a family is rising with each passing year, and this is causing massive
problems in this country.
And when our politicians
proclaim that all we need is "more education", I feel like
vomiting. The U.S. population as a whole has more "education"
today than it ever has had before.
If you think that "more
education" is the answer, then check out the following excerpt from a recent interview with a law school
graduate that is making about $40,000 a year and that has about $200,000 in law
school debt...
Yes,
it's extremely hard to get by. I can't afford rent or a car and can barely
afford food. Anything extra like enjoying myself with friends, going to a
movie, traveling, etc. — that's all out the window for the foreseeable future
and possibly for the rest of my life thanks to law school. I live with my
parents. I don't have a car. I don't go out to socialize. I don't date. I don't
buy new clothes. I don't buy electronics. I don't buy much of anything. I spend
my free time working other jobs to put more money toward my debt. I do contract
work for other lawyers, but the pay is very low and payment is sporadic.
Why did this happen to
him? Well, the truth is that there are way, way too many law school
graduates. There are not nearly enough good jobs for all of them.
In fact, this particular law school graduate deeply regrets ever going to law
school and considers it "an extraordinary waste of money"...
I
consider law school a waste of my life and an extraordinary waste of money. I
feel like I was duped and tricked. At the end of the day, it's my own fault for
being a sucker and I learned an extremely hard lesson. Because I went to law
school, I don't see myself having a family, earning a comfortable wage, or
having an enjoyable lifestyle.
But at least he has a job.
There are millions of college graduates that do not. And there are
hundreds of thousands of other college graduates that are currently working as
waiters and waitresses. Large numbers are also working temp jobs or
standing behind registers in retail stores.
Over the past decade, tens of
thousands of businesses and millions of good jobs have left this country.
The quality of the jobs that remain continues to decline at a
frightening pace, and most of the new jobs that are being
"created" these days are part-time jobs.
But you won't hear the
mainstream media or our most prominent politicians talk about these things
much. You won't hear them talk about the fact that median household
income in the United States has fallen for five years in a row or
about the fact that the rate of homeownership in the United States has fallen for eight years in a row.
The middle class is dying.
Wake up America.
And even as millions of our jobs
have been shipped to the other side of the planet, some of the most prominent
"American companies" have been bought up by foreigners. The
following list comes from a recent Economy In Crisis article...
-----
Here are some of America’s
most famous brands currently held in foreign hands:
-----
Are you starting to get the
picture?
Our economic infrastructure is
being absolutely gutted and more than 46 million
Americans are now living in poverty.
And if you are waiting for the
jokers in Washington D.C. to fix things, you are going to be waiting for a
very, very long time.
Over the past several years,
both the Democrats and the Republicans have proven again and again that they
are basically completely and totally useless. In fact, just about
everything that they try to do actually makes our problems even worse.
In just a few days, Barack Obama
leaves for a 17 day holiday vacation in
Hawaii. Many have criticized him and the members of Congress for taking
so much time off, but perhaps that is the best thing that they can do at this
point. As long as they are away from Washington D.C., at least they won't
be making things even worse for all the rest of us.
Thomas
Jefferson once said that “the principle of spending
money to be paid by posterity, under the name of funding, is but swindling
futurity on a large scale.” In other words, he believed that government
debt was the equivalent of stealing money from future generations on a massive
scale. Right now, the U.S. government is stealing roughly $100,000,000
from future generations of Americans every single hour of every single
day. And it is being projected that the U.S. national debt will more than
double during the 8 years of the Obama administration. In other words,
the federal government will pile more debt on to the backs of our children and
our grandchildren during the Obama years than had been accumulated during all
of the rest of U.S. history combined. The federal government is literally
destroying the future of America, and what we are doing to our children and our
grandchildren is beyond criminal. If there was one thing
that the Republicans in Congress were supposed to do, it was to do something
about all of this debt. These days Republicans can’t seem to agree on
much, but the one issue that virtually all “conservatives”
were supposed to agree on was the national debt. The American people gave
the Republicans control of the House in 2010 and 2012 for a reason.
Unfortunately, nothing has been done. Our debt has continued to spiral
out of control and now John Boehner and Paul Ryan are pushing a “budget deal”
that will essentially give the free-spending Democrats virtually everything
that they want for the next 10 years. That is why John Boehner and Paul
Ryan should immediately resign. (Read More.....)
Just
sayin'
Key
events in the week ahead with implications for early 2014.
One
would think that value investors from outside the industry would be all over
this vacuum.
Submitted
by Tyler Durden on
12/15/2013 - 12:22
Submitted
by Tyler Durden on
12/15/2013 - Just
after 10pm Eastern, a big block in the S&P futures, over 10k contracts, was
dumped in the very thin Sunday night tape, sending the complex lower by over 10
points, and after opening at 1768.5, ES dumped as low at 1754 in a matter of
seconds, before recovering some of the losses to 1760 (1754
just happens to be perfectly the 50-day-moving average for the March 2014
futures contract). The Nikkei was hit concurrently
by correlation algos impacted by the same downdraft, which also pinged the
various JPY pairs lower, if leaving the EUR largely untouched. Needless to say
there was no news of note to prompt this move, which appears to have been
either a partial fat finger, or someone trying to exit the market in a hurry
ahead of next week's FOMC festivities.
Submitted
by Tyler Durden on
12/15/2013 - Due
to western central bank price manipulation, the mining sector is in critical
condition, the supply line is all but halted, and the physical supply is being
swallowed up by Asia.
The last shoe to drop is for major mining companies to start closing down
production at major mines. Though this would be perceived as the end for gold,
speculators will be happy to know that this would be the beginning of the
biggest Fed induced bubble in history! But unlike previous Fed bubbles where
they support the price increase, the gold bubble will be a result of western
central planners mis-managing the gold price for the past 3 decades and finally
losing control. As Peak
Resources explains in the brief clip, the perfect storm is coming for
gold...
Submitted
by Tyler Durden on
12/15/2013 -
David
Stockman's exclamation at the "betrayal" realized within the latest
so-called "festerng fiscal" budget deal is taken a step further
with Peter
Schiff's head-shaking diatribe on Congress' inability to show that
it is truly "capable of tackling our chronic and dangerous debt problems."
So America blissfully sails on, ignoring the obvious fiscal, monetary, and
financial shoals that lay ahead in plain sight. I believe that will continue
this dangerous course until powers outside the United States finally force the
issue by refusing to expand their holding of U.S. debt. That will finally
bring on the debt and currency crisis that we have created by our current
cowardice.
Submitted
by Tyler Durden on
12/15/2013 - Japanese
stocks are confused this evening (whether good news is bad news or bad news is
good news). The
headline Tankan business conditions (soft-survey) beat expectations modestly (a
la Europe's in the summer as it rode a wave of short-lived optimism) and
pressing to 6 years highs (oh no - less QE?) But, the more forward-looking "manufacturing
outlook" missed expectations by the most since March 2012. On the
services side, things were worse, as the outlook there missed for the 11th
quarter in a row. And the triple-whammy was the Capex spend missing
expectations significantly (what no investment? where have we seen that
before). The result - mixed news is bad news - Nikkei futures are down
150 from Friday's close and JPY crosses have drifted back lower.
Submitted
by Tyler Durden on
12/15/2013 - Despite
the ongoing declarations by Wall Street's strategists and Washington's leaders
that recovery is here (or just around the corner), record numbers of Americans
in poverty and government handouts suggest otherwise. However, the insidious
chipping away at the possibility of the American Dream has been
replaced by an IPO-chasing, zero-interest-income-earning, yield-reaching,
insider-trading, 'dance-while-the-music-is-playing', beggars can be choosers,
get-rich-quick-scheme nation of takers (and entitled-ers)...
Submitted
by Tyler Durden on
12/15/2013 -
The S&P 500 is set to resume
higher, according to BofAML's Macneil Curry pointing to the week of December
Triple Witching as historically one strongest of the year for the S&P500.
With fundamentals
a thing-of-the-past, paying attention to the technicals in a world of one
driver of stocks (Fed balance sheet), for short-term trading signals may
have some value. Of course, with an 'event' as potentially huge as the FOMC
meeting this week, adding risk on an already good year (when the world already
believes a taper is "priced in") may be more greatest fool than momo
monkey.
Submitted
by Tyler Durden on
12/15/2013 - 17:18
Earlier in the week, we detailed
JPMorgan's
attempt to create their own "web cash" alternative to Bitcoin
(and Sberbank's
talk of doing the same). However, as M-Cam
details, following the failure of the first 154 'claims', JPMorgan
issued a further 20 claims - which were summarily rejected (making JPMorgan
0-175 for approved claims). As they note, The United States Patent
& Trademark Office (USPTO)’s handling of applications like JPMorgan’s ‘984
application ("Bitcoin Alternative") highlights the need to fix a
broken system - patent applications of existing inventions need to be
finally rejected and not be resurrected as zombies (no matter how
powerful the claimant). Obviously, large financial institutions want in on
the online alternative currency action. But they would be well advised to
pursue novel and non?obvious approaches that do not duplicate existing
commercial options with respect to a virtual medium of exchange.
Submitted
by Tyler Durden on
12/15/2013 - 16:11
Those who adhere to the
don’t-stop-til-you-get-enough theory of sovereign borrowing, and by extension
argue for a scrapping of the debt ceiling, couldn’t be more misguided. In free markets with no Fed money market
distortion, interest rates can be a useful guide of the amount of real savings
being made available to borrowers. When borrowers want to borrow more, real
interest rates will rise, and at some point this crimps the marginal demand for
borrowing, acting as a natural “debt ceiling.” But when markets are heavily
distorted by central bank money printing and contrived zero-bound rates,
interest rates utterly cease to serve this purpose for prolonged periods of
time. What takes over is the false signals of the unsustainable business
cycle which fools people into thinking there is more savings than there really
is. Debt monetization has a proven track record of ending badly.
It is after all the implicit admission that no one but your monopoly money
printer is willing to lend to you at the margin. The realization that this is
unsustainable can take a while to sink in, but when it does, all it takes is an
inevitable fat-tail event or crescendo of panic to topple the house of cards.
If the market realizes it’s been duped into having too much before the
government decides it’s had enough, a debt crisis won’t be far away.
Submitted
by Tyler Durden on
12/15/2013 -It is
perhaps a testament to the ability of the oligarchy (that 1% which owns some
50% of all US assets) to distract and distort newsflow from what really
matters, that a century after the creation of the Federal Reserve, the vast
majority of Americans are still unfamiliar with the most important institution
in the history of the US - an institution that unlike the government is not
accountable to the people (if only as prescribed on a piece of
rapidly amortizing paper), but merely to a few banker stakeholders as
Bernanke's actions over the past five years have demonstrated beyond any doubt.
It is for their benefit that Jim Bruce's groundbreaking movie "Money for Nothing"
is a must see, although we would urge everyone else, including those frequent
Zero Hedge readers well-versed in the inner workings of the Fed, to take the
two hours and recall just who the real enemy of the people truly is.
Submitted
by Tyler Durden on
12/15/2013 - 13:17
One of the more vocal members of
the ECB's governing council and executive board, 47-year old German Joerg
Asmussen, surprisingly announced this morning that he is stepping down for
"purely private family reasons." Concurrently, the German who has
been a less tenuous version of his far more outspoken and hawkish compatriot
Jens Weidmann, announced that he would accept a job as Deputy Labour Ministry
job in the new German government. What is surprising is that the German was not
appointed finance minister in Merkel's new cabinet, although with Schrodinger
Schauble determined to keep his position it is explainable. What is more
surprising is that Asmussen replaced none other than Juergen Stark, who once
was said to be Trichet's successor, and who dramatically quit the ECB over
disagreements on the bank's bond monetization program. One wonders: is Joerg's
untimely departure just the latest indication that the ECB is finally preparing
to unroll a blanket quantitative easing program, just
as BNP predicted it would, in its desperate, last-ditch attempt to defeat
Europe's slide into outright deflation and credit-creation
collapse? Certainly, if Weidmann were to quietly leave next, then whatever
you do, don't stand below the Euro.
Submitted
by Tyler Durden on
12/15/2013 - Representing
numbers that would put the adoption curve of Obamacare to shame, the Bitcoin
equivalents of Paypal, BitPay, announced last week that it has now processed
over $100 million in BTC transactions in 2013, has increased its merchant base
to over 15,500 approved merchants in over 200 countries, but most importantly,
has seen a surge in the number of merchants using its BTC payment pricing plan,
by 50% since October while the volume of transactions has tripled. While the
surge in the currency adoption has matched the explosive rise in the USD-value
of the currency, the news should comfort any lingering doubts whether Bitcoin
is a credible payment system. Which explains why Europe, which over a year was
the first entity to cry foul about Bitcoin (recall from November 2012: "The
ECB Explains What A Ponzi Scheme Is; Awkward Silence Follows")
when the USD-price of one BTC was still in the double digits, is doubling down
in its fight against the fiat alternative, this time as the European Union's
top banking regulator is preparing to actively supervise the virtual currency.
Submitted
by Tyler Durden on
12/15/2013
Overnight rhetoric in Asia
became increasingly heated when China's
Ministry of Foreign Affairs expressed "strong
dissastisfaction" at the slanderous actions of Abe's Japanese government
over the Air Defense Identification Zone (ADIZ) and the "theft and
embezzlement" of the Diaoyu Islands. "Japan's attempt is doomed
to failure," China warned ominously and as we highlight below, a
reflection on the possible rational reasons for China and Japan to go to war
over the Senkaku/Diaoyu islands highlights the seriousness of the ongoing
brinksmanship in the East China Sea. If a war is fought over these
long-contested islands, it will have an eminently rational explanation
underlying all the historical mistrust and nationalism on the surface. War
in the East China Sea is possible, despite the economic costs.
Submitted
by Tyler Durden on
12/14/2013 - it's
not Spago, nor Per Se. It isn't located on Rodeo Drive or in Columbus Circle.
The restaurant with the longest waiting list, five-years to be precise,
is a small, nondescript, 12-table basement located in Earlton, N.Y.,
named simply enough Damon Baehrel after its owner and chef. Its
guests come from 48 countries and include such celebrities as Jerry Seinfeld,
Martha Stewart and Barack Obama himself. However what makes Baehrel's
restaurant the most exclusive restaurant in the world is not the decor, nor the
patrons, some who fly overnight from Manhattan to pay $255 for dinner (before
wine and tip), nor the hype (although all the advertising is through
word-of-mouth), but the food, which is all cultivated, grown, prepared, cooked
and served from and on the property, and where Baehrel is literally the only
employee. "I’m the chef, the waiter, the grower, the forager, the
gardener, the cheesemaker, the cured-meat maker, and, as I will explain,
everything comes from this 12-acre property."
Submitted
by Tyler Durden on
12/14/2013 -
Two years ago, the
CME announced USD/CNH futures trading enabling speculation (and hedging or
risk transfer) of offshore
Chinese Renminbi and the writing on the wall of the dollar's demise grew
clearer. On the other side of the world this week, a couple of gentlemen that
few people have ever heard of signed an agreement that has massive
consequences for the global financial system. It was a Memorandum of
Understanding signed by representatives of the Singapore Exchange and Hong Kong
Exchange. Their aim – to combine their forces in rolling out more financial
products denominated in Chinese renminbi. This is huge...
Mikael Thalen | Democratic socialists obsessed with the
occult make up majority of shooter profiles.
Washington Post | President
Obama on Saturday marked the first anniversary of the Newtown, Conn.,
elementary school shootings with calls for stricter gun control.
Twitchy | The newspaper quietly
edited its profile of Arapahoe school shooter Karl Pierson, changing a
student’s description of Pierson as “a very opinionated Socialist” to simply
“very opinionated.”
Washington Post | Enrollment
records for close to 15,000 HealthCare.gov shoppers were not initially
transmitted to the insurance plans they selected.
KING 5 News | Some say the
website is mistakenly debiting their accounts.
Paul Craig Roberts | Washington
has had the US at war for 12 years: Afghanistan, Iraq, Somalia, Libya,
Pakistan, Yemen, and almost Syria, which could still happen, with Iran waiting
in the wings.
AFP | A National Security Agency
official said in an interview released Friday that he would be open to cutting
an amnesty deal.
The Atlantic | London-based
artist James Bridle has created a wearable device he calls the “surveillance
spaulder.”
Kurt Nimmo | Where is the SPLC now that we need them?
Kurt Nimmo | Islamic Front shares same violent
jihadist ideology as al-Qaeda
IBM’s
Ties to NSA Hurt Sales in China, Investors Claim
Court House News | IBM hid its
cooperation with the NSA’s PRISM program.
Max
Keiser Breaks Down Bitcoin
Prison Planet.com | Alex and Max
Keiser continue on the topic of rigged global markets and fiat currency vs
bitcoin.
A
Cover Up of PayPal’s NSA Involvement?
David Knight | Why have we not heard anything from the
Snowden documents about the NSA’s connections to financial institutions —
especially PayPal?
Meet the Robot Telemarketer Who Denies She’s A Robot
Time | She wanted to offer a deal on health
insurance, but something was fishy.
Mikael Thalen | Democratic socialists obsessed with the
occult make up majority of shooter profiles.
Kurt Nimmo | Where is the SPLC now that we need them?
Kurt Nimmo | Another Bush. This one says he’s with Ted
Cruz and the refurbished tea party.
Sheldon Richman | A presidential contest between Hillary
Clinton and Chris Christie, a contest the bankers can’t lose.
William F. Jasper | The Trans-Pacific Partnership is an
all-out assault on our national sovereignty.
Tim Kelly | Economic law applies regardless of
political circumstances.
Washington Post | President
Obama on Saturday marked the first anniversary of the Newtown, Conn.,
elementary school shootings with calls for stricter gun control.
Twitchy | The newspaper quietly
edited its profile of Arapahoe school shooter Karl Pierson, changing a
student’s description of Pierson as “a very opinionated Socialist” to simply
“very opinionated.”
How the Paper
Money Experiment Will End
Philipp Bagus | A paper currency system contains the
seeds of its own destruction.
Gold Climbs as U.S. Wholesale Prices Curb Tapering Bets
Bloomberg | Fed may not taper at all, surprise,
surprise.
Producer of Physical “Casascius” Bitcoins is Being Targeted by the
Feds
libertyblitzkrieg.com | For this
horrible crime of ingenuity and creativity, the U.S. government naturally, has
decided to target him.
NSA
officials consider Snowden amnesty in return for documents...
Stole
'keys to kingdom'...
Merkel
hears Obama's calls?
GOOGLE
ROBOTS FOR MILITARY USE!
China's
flag-bearing rover photographed on moon...
Obama
plans 17-day holiday vacation in Hawaii...
Uruguay's
president José Mujica: No palace, no motorcade, no frills...
Hopes
to adopt '30 or 40 poor children'...
GOODWIN: How West
was lost by selfie president...
Cillizza:
Worst Year in Washington...
REPORT:
Colorado school gunman 'very opinionated Socialist'...
VIDEO:
Wanted more economic equality...
Media
Works To Keep Mass Shooters' Profiles Secret...
Trailer
park living invades NYC...
OBAMACARE
EXCHANGE 'MISTAKENLY DEBITS BANK ACCOUNTS'...
PAPER:
Global warming activists' search for proof going cold...
PAPER:
The GOP retreats into fear...
Ryan
Defends Cutting Benefits for Military Retirees...
Budget
still short votes to pass Senate...
Woodward:
Deal Happened 'Because Obama Wasn't Part of Negotiations'...