Академический Документы
Профессиональный Документы
Культура Документы
China FAILS TO SAVE THE MARKET: Here's What You Need To Know
Silicon Alley Insider
YUAN-TANAMERA
So we have fun with words even if they don't make immediate sense. Yet,
aren't we as the lyric intones searching for an "honest hand"?
It's also funny and bizarre how this day evolved. China announces a
currency policy shift and later tries to reel it back but, alas; it's too late as
computer buy programs were already halfway down the tracks. Those
programs couldn't be stopped until late in the day when more sober views
started to prevail as programmers "read the news more thoroughly" and
made some HAL modifications.
Naturally, all this action today took place on light volume while breadth
turned negative.
The major U.S. stock indices finished the day in the red after markets gave
up a strong open due to investor enthusiasm for China's decision to allow
its currency to appreciate against the dollar. The U.S. economic calendar
was clear throughout the day, allowing investors to focus on the currency
news from China.
In today's market, BP (BP) says total cost to date of the response to the
Gulf of Mexico oil spill has reached $2 billion, including the costs of
containment, relief well drilling, grants to gulf states and claims paid. The
company said over 65,000 claims have been submitted and more than
32,000 payments have been made.
Also, the U.S. Supreme Court said it will hear a case to consider whether
Chase Bank, part of JPMorgan Chase (JPM), could be sued over charging
credit card interest rates without written notice to account holders who
were late on payments, The Wall Street Journal reported.
Also, Goldman Sachs (GS) will not have to respond to the U.S. Securities
and Exchange Commission's civil fraud lawsuit until mid-July, The Wall
Street Journal reported. Goldman had originally needed to respond by
Monday, the report said.
Pfizer Inc. (PFE) is reportedly pulling a 10-year-old leukemia drug from the
U.S. market following a study that concluded a higher death rate with no
benefit for patients, Reuters reported.
I hate to venture where I’m not wanted, and tread on the toes of my
colleagues in China and on the business and economics beats.
Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90
seconds during the first three months of the year.
Kurt Nimmo | Police are hunted down and killed in a narco corridor
reaching from the border to Phoenix.
Kurt Nimmo | CIA supported operative was responsible for killing civilians
and blowing up a mosque in Iran.
Lieberman: China Can Shut Down The Internet, Why Can’t We?
The Deepwater Horizon rig, which exploded causing the Gulf of Mexico oil
spill, had suffered a leak in the weeks leading up to the blast, an employee
has claimed.
Connecticut vegetable lieberman: China Can Shut Down The Internet, Why
Can’t We … (great logic from a totalitarian zionist)? Senator joe Zelig
the zionist israeli lieberman, co-author of a bill that would give
President Obama a ‘kill switch’ to shut down parts of the Internet,
attempted to reassure CNN viewers yesterday that concerns about the
government regulating free speech on the web were overblown, but he
only stoked more alarm by citing China, a country that censors all
online dissent against the state, as the model to which American
should compare itself.
This is a well kept secret; viz., the pervasiveness, state and local, of
depression level conditions on top of defacto bankruptcy of nation
which is also characteristic of the state local fiscal predicaments with
inability to hide same by printing worthless fiat currency as the federal
government.
Sell / take profits while you can in this gravity defying new temp bubble
that the frauds on wall street and insiders sell into!
Canada economy envy of all the world? Woe! Sounds eerily reminiscent of
that ‘kiss of death’ description by senile greenspun of defacto
bankrupt america’s economy.
Why change direction with all those green shoots alluded to by no-
recession ben bernanke. Well, no-recession ben, tiny tim geithner, and
the administration can put their heads together and propose the
solution by their logic and inclination: Chia Pets! Yes Chia Pets. Very
controlled green shoots, environmentally friendly, stimulative to that
part of the manufacturing sector that americans are more than
capable of performance in, viz., clay pottery, green shoot seeds,
basket-weaving, etc., and great gift incentive for the Christmas season
says tiny tim, God bless us everyone!
Cases against Wall Street lag despite Holder's vow to fight fraud... Where are
the indictments for the mainstream wall street fraud firms who
perpetrated the larger aspects of the fraud in the trillions, the
worthless results of which are now market to anything
The frauds on wall street et als should be criminally prosecuted, jailed, and
disgorgement imposed. If that were so, they wouldn’t be worrying
about who wins / loses with new law since those who fraudulently
play, invariably would (and should) pay. If they’re not prosecuted,
everyone loses.
Germany and France examine ‘two-tier’ euro Germany and France are
examining ways of creating a “two-tier” euro system to separate
stronger northern European countries from weaker southern states.
Spain could test the euro to its limit As the euro has continued to
plunge on foreign exchanges, Spain has become the main focus of
fears that economic and debt imbalances between southern and
northern Europe will tear the single currency apart. Gold hits
record above $1,260 on safe haven demand Spot gold hit a record
high above $1,260 an ounce on Friday as demand for bullion as a
haven from sovereign and financial risk pushed the metal through
technical resistance. Because Parity Is So May 2010: BNP Now Sees
EURUSD At 0.98 By Mid 2011 When the ECB said recently that a slide
toward parity would be tantamount to admitting defeat for the euro
and the eurozone, we took it somewhat seriously.
Armada of U.S. and Israeli Warships Head for Iran More than twelve U.S.
and Israeli warships, including an aircraft carrier, passed through the
Suez Canal on Friday and are headed for the Red Sea. “According to
eyewitnesses, the U.S. battleships were the largest to have crossed
the Canal in many years,” reported the London-based newspaper al-
Quds al-Arabi on Saturday.
Lakers violence: Authorities release raw video of mob attacking cab, seek
public’s help Los Angeles authorites has released raw video of a mob
attacking and setting fire to a taxicab after the Los Angeles Lakers
victory over the Boston Celtics on Thursday night. California on
‘verge of system failure’ Arnella Sims has seen a lot in her 34 years as
a Los Angeles County court reporter, but nothing like this. Obama
Gives Major Swath of Arizona Back to Mexico The federal government
is now telling American citizens to stay out of three southern Arizona
counties. It is too dangerous because of armed smugglers from
Mexico. Napolitano Advocates Government Surveillance of Internet
to Fight Homegrown Terrorism Kurt Nimmo | The government has
spied on Americans involved in entirely legal political activity and
activism for decades.
Fannie, Freddie Delisting Signals Firms Have No Value Wall Street (Frauds)
Journal - WASHINGTON (Dow Jones)--The regulator for Fannie Mae
(FNM) and Freddie Mac (FRE) ordered them to voluntarily delist their
shares from US stock exchanges Wednesday, underscoring that the
once-mighty mortgage behemoths ... [Yeah … those final
compensation packages for the destroyers worth more than the
companies they helped destroy] Video: News Update: Fannie Mae to
Delist from NYSE - Stock Halted in US Pre-Market SmarTrend News
Oil spill victims get a break on mortgage payments CNNMoney
The Federal Reserve Warns About The Dangers Of The… Federal Reserve
A not very long time ago, in a galaxy known as the Milky Way, the
member of an occult group of sinister individuals warned that should
this group ever get to a point where it believed it could fix fiscal
problems through printing money, this would present “a paramount
risk to the long-term welfare of the U.S. economy.” The Next Housing
Crisis Did the Federal Reserve collude with the big banks to hold
millions of houses off the market until the Fed finished adding $1.25
trillion to the banks reserves? Boehner: Obama Exploiting Crisis To
Push Job-Killing Energy Tax
Felix Zulauf: The March 2009 Lows Won’t Hold This weekend’s Barron’s
Roundtable had an excellent update on several of our favorite market
pundits.
It’s Official: Fed Governors Are Starting To Worry About A Double Dip
According to WSJ, the debates have begun inside the Fed about what
it should do in the event of a double dip.
Afghanistan Mineral Riches Story Is War Propaganda News that the U.S.
has suddenly discovered $1 trillion-worth of mineral deposits in
Afghanistan, and descriptions of the bounty as a “game changer” by
the corporate media, represent nothing more than crude war
propaganda designed to reinvigorate public support for a failing and
ever more pointless occupation. Afghanistan Mineral Riches Story
Is War Propaganda Steve Watson | “Liberal” New York Times sells
globalist occupation once more with fake news.
More stimulus? Tough sell? Who woulda thunk it? After all, the nation’s
already defacto bankrupt, with record unsustainable debt / debt service,
and we all see the first unaffordable stimulus plan worked like a charm
… riiiiight!
SEC brings in wall street savvy experts. This is really quite a good idea and
a credit to the SEC generally, and ‘Mother Mary’ particularly if this
wise development was precipitated by her. That said, there is no
question but that prosecution, jail, and most importantly,
disgorgement, are the most important tools of prospective
deterrence. Moreover, let us not deceive ourselves from the fact that
the criminal wall street frauds have the financial resources to hire
very talented like minded criminal computer geniuses and regularly
do so. Time to be very tough with these perpetual frauds!
$34 Billion Asset Manager Says Market Prices Are Manipulated, Accuses
NYSE Of Intellectual Property Theft, Debunks HFT “Liquidity
Provider” Lies As part of the SEC’s process to fix the broken
market, it is currently soliciting public feedback on a variety of
issues. Why it is doing so, we don’t know – after all anything that
does not conform to the SEC’s preconception of what the most
lucrative market to the SEC’s recent batch of clients (see earlier
news about an SEC director going to HFT specialist Getco) is, just
ends up in the shredder anyway
Oct 31, 2009 ... or surplus, as a percentage of GDP ... USD in Millions.
Robert D. Arnott ... GSEs, the total public debt is now at 141% of GDP. ...
www.researchaffiliates.com Nov 23, 2008 ... But state and local debt as a
share of GDP has quadrupled since 1945, ... as a percentage of the overall
economy, recently exceeding the GDP for the first time ever. ... Rob Arnott
is chairman of Research Affiliates ... Robert Arnott ‘… the latest 12
months saw our public debt and unfunded obligations grow by 18% of
GDP! No wonder the debt seems to have grown crushingly large. It’s
noteworthy that, if a company computes its debt by ignoring off-balance-
sheet and unfunded obligations, the management team wins an allexpense-
paid extended holiday at Club Fed. Enron, anyone? But, if you write the
laws, you can allow yourself these games. In emerging markets debt
investments, managers are wary of sovereign credits when their deficits
approach 5% of GDP. Yet here we are, after measuring on a more
economically accurate level, running at twice this worrisome warning
level… for over 25 years. The Debt If we borrow more than we earn for such
an extended period of time, the debt picture won’t be pretty. It’s not. At 60%
of GDP, the United States ranks about 25th in the world for indebtedness.1
But that’s not the whole story. To get the complete picture, we need to
factor in state and local debt and GSEs. Note that most other (particularly
developing) countries don’t have layers of autonomous public entities of
this sort. Adding federal, state, local, and GSEs, the total public debt is now
at 141% of GDP. That puts the United States in some elite company— only
Japan, Lebanon, and Zimbabwe are higher. Add in household debt (highest
in the world at 99% of GDP) and corporate debt (highest in the world at
317% of GDP, not even counting off-balancesheet swaps and derivatives),
and our total debt is 557% of GDP. Less than three years ago, our total
indebtedness crossed 500% of GDP for the first time. As Figure 2 shows,
apart from the shadow banking system we are most assuredly not
deleveraging. Direct debt is rising, not falling. Add in the unfunded portion
of entitlement programs and we’re at 840% of GDP. Yikes. No wonder the
debt burden feels so crushing. What can’t happen, won’t happen. If we
can’t afford our direct debt, we surely can’t afford our unfunded
obligations. The stroke of a pen can take these programs to “means
testing.” If retirees cannot enjoy Social Security or Medicare reimbursal
until their savings are drained, the unfunded obligations disappear. This
still leaving us true, direct debt of 5½ times our income. It is a daunting
figure. How many people do you know that have owed five times their
annual income and suffered no adverse consequences? …
Summer Streets Of Rage Predicted For Europe & U.S. Top historians,
social and financial analysts, along with police bodies are all predicting
that Europe and America are set to experience a summer of rage, with
scenes mirroring the chaos we have seen unfold in Greece in reaction to
draconian austerity measures now being imposed by governments in the
west Deflationary Depression and Purging To Come What now that
stimulus packages are ending, money set to plunge, market control by
insiders has to end, Fed doesnt need a monopoly, bond sales down, still
high expectations for gold. Strategic Defaults: Is It Morally Right To
Decide To Simply Stop Paying Your Mortgage? In 2010, record numbers of
Americans are defaulting on their mortgages. For most of them, it is
because they simply cannot afford the mortgage payments any longer.
The End of Buy and Hold ... And Hope Brian Rezny (I was going to insert
his charts in this synopsis but there are just too many good ones and they
are a must see so go to his article, not just because I agree with much of
what he says though he’s light on that ‘depression thing’ and overly
optimistic as such, but because he is smart – You may click here for
archived version) ‘… Buy and hold investing is a popular strategy, and the
thinking is straightforward: in the long run, the market will offer returns, in
spite of short-term volatility. In theory, this is a sensible idea.
Unfortunately, this approach does not work in today’s market. Why not? Of
course, the market is down for this month. But that’s not the reason this is
not a buy and hold environment. It’s not just about the recent correction, or
the end of a market rally. The current trend fits into a much bigger
picture… and it’s a picture of a long-term bear market. Secular markets are
long-term trends, typically lasting about 18 years. Secular bull markets
generally see stocks return at least 20% for the duration, while secular bear
markets see stocks decline at least 20%. And these secular trends are
interspersed with shorter, cyclical bull and bear markets. From 1982-2000
we experienced a secular bull market: in that period, stocks offered a
return if you bought and held for the duration … (chart) … But since then?
We have been in what I call a secular bear market. As you can see below,
an investor who bought into an index that tracks the S&P 500 as this trend
began in 2000, has experienced a negative return. And based on the typical
length of a secular bear, we could have several more years to go in this
trend … (chart) And it’s not just over the last 30 years that this cycle has
occurred. We can look back over the last century and see a continuum of
secular markets, with bear trends starting in 1901, 1929, 1966, and 2000…’
The Worst Money Supply Plunge Since The Depression Means A Double
Dip Is Now A ‘Virtual Certainty’ The stock of U.S. money as measured by
‘M3′ money supply fell to $13.9 trillion from $14.2 trillion during the three
months ending in April. [ This is still an extraordinarily high level but … I
don’t buy it. I believe the printing presses have been working overtime to
pump out ever more worthless fiat currency and with the many trillions of
worthless fraudulent paper still out there and marked to anything. I further
believe the same is being surreptitiously used to supplant the fraudulent
paper, the consequences of which will be devastating, of course, as is
invariably so in depressions in any event. This scenario would also mean
huge fraud accomplis. ] Fiat Money Supply Contracting at Great
Depression Level The bankster operative who helped destroy Glass-
Steagall is back. Larry Summers, Obama’s top economic adviser, has told
Congress to “grit its teeth” and approve a fresh fiscal boost of $200 billion
to keep growth on track, reports the Daily Telegraph. Fiat Money Supply
Contracting at Great Depression Level Kurt Nimmo | The Federal Reserve
stopped publishing M3 figures back in 2006.
Sell in May and Go Away, Indeed [ I wasn’t kidding; and, I’m still not
kidding when I say: This is a great opportunity to sell / take profits
because there’s much worse to come! ]
The frauds on wall street et als should be criminally prosecuted, jailed, and
disgorgement imposed. If that were so, they wouldn’t be worrying about
who wins / loses since those who fraudulently play, invariably would (and
should) pay. If they’re not prosecuted, everyone loses.
THE FORECASTS:
Harry Dent, Jr. Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and mid-
2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009
instead of 2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between
2010 and 2012
Russell Napier is the author of the book “Anatomy of the Bear”, a professor
at the Edinburgh Business School and a consultant to CLSA Ltd. which is
one of the top research houses in Asia. Napier’s research indicates (and I
paraphrase) that: The S&P 500 will Decline to 400 by 2014 (the Dow 30 to
3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices
bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30
to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3
signaling the end of the bear market, as it has done at the end of the four
largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve
Currency
Robert R. Prechter Jr. is author of a number of newsletters and books
including “Elliott Wave Principle” (1978) in which he predicted the super
bull market of the 1980s; “At the Crest of the Tidal Wave – A Forecast of the
Great Bear Market” (1995) in which he predicted a slow motion economic
earthquake, brought about by a great asset mania, that would register 11
on the financial Richter scale causing a collapse of historic proportions;
and “Conquer the Crash: You can Survive and Prosper in a Deflationary
Depression” (2002) in which he described the economic cataclysm that we
are just beginning to experience and advised how to position one’s self
financially during that period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely
to below 777 which was the starting point of its mania back in August 1982,
and quite likely drop below 400 at one or more times during the bear
market.
Click here to see the Debt Clock, which is updated every second.
New York Times Planted Story on Afghan Mineral Wealth Designed to Prolong
US Occupation, Spur Neocon-Backed Petraeus Presidential Candidacy(They’re
dreamin’; not goin’ to happen) Webster G. Tarpley | Petraeus has the
advantage of being able to play on the sense of military discipline and loyalty
which is ingrained in many Tea Party activists.
Faint to the left… faint to the right… then petraeus just faints … well, lying
can be stressful, ask any polygraph examiner. Afghanistan Mineral Riches
Story Is War Propaganda
The neo-con/israeli wet dream New Bill Gives Obama ‘Kill Switch’ To Shut
Down The Internet The federal government would have “absolute
power” to shut down the Internet under the terms of a new US Senate
bill being pushed by ‘israeli joe’ lieberman, legislation which would
hand President Obama a figurative “kill switch” to seize control of the
world wide web in response to a Homeland Security directive. First,
China. Next: the Great Firewall of… Australia? The concept of
government-backed web censorship is usually associated with
nations where human rights and freedom of speech are routinely
curtailed. But if Canberra’s plans for a mandatory Internet filter go
ahead, Australia may soon become the first Western democracy to
join the ranks of Iran, China and a handful of other nations where
access to the Internet is restricted by the state. Wikileaks Afghan
Massacre Video Coming Soon After several days underground, the
founder of the secretive website WikiLeaks has gone public to
disclose that he is preparing to release a classified Pentagon video of
a U.S. airstrike in Afghanistan last year that left as many as 140
civilians dead, most of them children and teenagers. [This is what
defacto bankrupt war crimes nation america is bankrupting itself to
accomplish].
Amnesty for the Banksters, Debtor’s Prison for the Serfs William Norman
Grigg | The entire point of the tax auction racket is “feeding the public
treasury.” The Global Financial Oligarchy Eyes Government Cuts
From Greece To New York The Excavator | There is no time to stall
anymore, and pretend a global plundering class doesn’t exist.
Federal Reserve Very Concerned About Double Dip Recession
Economic Policy Journal | The Federal Reserve appears to have serious
concerns that the economy is heading into a double dip recession.
On America, Somalia and You Robert Wenzel | You have to look at this
much the way you would have looked at the Roman Empire.
Paying the Price for Objectivity Toward Palestinians The propagandists for
the israel Lobby, who occupy the Wall Street Journal editorial page
while pretending to be journalists, are determined to remove Helen
Thomas from the annals of journalism. Helen Thomas: an
Appreciation Paul Craig Roberts | The White House Correspondents’
Association fell in line with the demands of the Israel Lobby, and the
cowardly president of the organization added the association’s
disapprobation to that of the neoconservative cabal.
RASMUSSEN POLL...
Obama Approval Falls to New Low: 42%
Obama Approval Index: -20
Strongly Approve 24%
Strongly Disapprove 44%
Total Approval 42%
SPAIN: THE NEW CRISIS IN EUROLAND...
BP chairman says company cares about the 'small people'..
The 'small people' aren't big fans of comment...
32 million watch Obama speech, down 21% from last address...
Saudi Arabia gives Israel clear skies to attack Iranian nuclear sites Saudi
Arabia has conducted tests to stand down its air defences to enable
Israeli jets to make a bombing raid on Iran’s nuclear facilities, The
Times can reveal. [Well, I guess that’s what good Muslims do. After all,
Saudi Arabia is purported home to Mecca. The reality is that Saudi
Arabia has lost all credibility. Indeed, the sheik money seems to have
exceeded all notions of priority vis-à-vis Saudi’s pious
pronouncements of sanctimonious religiosity. I guess that’s why they
are in fact a totalitarian state which merely exists for the sake of a few
family oil farms. The new Mecca will be Constantinople.]
How does anyone take the u.s. seriously in light of their credibility
problems, war crimes, etc.? What nuke technology israel didn’t steal
from the u.s., the u.s. gave them along with missile, armaments, etc..
and paid for with taxpayer money that u.s. taxpayers and the defacto
bankrupt nation don’t have.
It's time to expel israel from the UN Without doubt, the israeli attack on the
Gaza-bound "Freedom Flotilla" in the dawn of Monday, May 31, 2010 is
one of the most savage crimes in recent history. It seems the ruling
power in Tel Aviv has been afflicted with a variant of mad cow
disease; otherwise, how could it be so cruel to unleash such a beastly
raid on the "Mavi Marmara," the Turkish flagship of a flotilla carrying
medical and humanitarian supplies to the hapless people of Gaza
Strip?
You think Iraq was bad? Invading Iran ‘would be lunacy’ Ivan Eland,
Director of the Center on Peace and Liberty at the Independent
Institute in Washington DC, gives his opinion on new sanctions
imposed on Iran.
Glen Reply:
June 11th, 2010 at 6:47 am
Lunacy it would be.
But it is also to their great credit that the Iranians have not made their own
threats.
Everyone knows there are 3 WMD threats, Nuclear Biological and chemical.
The scariest of which is Biological.
Any attack done under the threat of immediate biological retaliation would
deter only the insane.
Watch out america home of the insane, home of the leaders who want an
80% population reduction.
A Plague Upon The World: The USA is a “Failed State” Dr. Paul Craig
Roberts | The American people are lost in la-la land. They have no idea that
their civil liberties have been forfeited. US citizen killed on flotilla
reportedly shot four times in head Raw Story | A forensic report said
Furkan Dogan was shot at close range, with four bullets in his head and
one in his chest, according to the Anatolian news agency. The explanation
foisted off on the americans by war criminal israelis is probably something
on the order of ‘they just wanted to make sure they missed him’.
Roberts: ‘AIPAC purchases US elections’ Russia Today | Paul Craig
Roberts says that there will be nothing that is going to be done by the
United States to change the relationship with Israel.
‘US funding terrorist group against Iran’ Press TV | A member of a terrorist
organization operating in Iran says that a US State department radio station
originally put him in touch with the group.
NASA wants mission to bring Martian rocks to Earth (AP) Why? They
already have that and more:
Launch of secret US space ship masks even more secret launch of new
weapon
http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv
Editorial: US in quagmire Seeing the warm welcome extended to the
Afghan president on his US trip, it is hard to believe that only weeks
ago Washington was seething with anger and frustration at Hamid
Karzai’s behavior and there were even dark mutterings by US officials
that he might be mad.
War in Afghanistan and Iraq costs America $1trillion From the Old | On May
30th at 10:06 the United States reached the point where they have
spent $1trillion on the wars in Afghanistan and Iraq. Sinking of the
Cheonan: A Classic False Flag Operation Russia Today | Sinking of
the warship was really intended to convince Japan not to move US
forces off Okinawa as well as divert the attention of Americans from
the dire economic situation at home. . Israel: IDF Troops Who
Murdered Unarmed Innocent People Are ‘Brave Heroes’ The
government of israel, aided by many quarters of the international
media, is attempting to spin today’s deadly IDF assault on a
humanitarian aid ship carrying supplies to Gaza as the fault of the
murdered activists on board the vessel, ludicrously characterizing
machine-gun carrying Israeli troops who killed over a dozen innocent
people as the victims of the incident.
Murder on the high seas JERUSALEM: Israeli marines stormed aid ships
bound for Gaza on Monday and at least 10 rights activists were killed,
triggering a diplomatic crisis and an emergency session of the UN
Security Council. European nations, as well as the United Nations and
Turkey, voiced shock and outrage at the bloody end to the
international campaigners' bid to break Israel's blockade of the Gaza
Strip
"What this means is that Neanderthals are not totally extinct. In some of us,
they live on," Paabo … With regard to that extinction thing, I’d say
they’re still working on it (ultimately, decades, extinction, the
distinction, without a difference). Actually, prior to studying the
compelling subject of Biological Anthropology (Michael Park text), I
too had some misconceptions about the group known as Neandertals
(recent spelling drops the ‘h’) and actually mis-referenced same by the
stereotypical image of members of said clade even as the debate
continues as to whether they are within the species homo sapiens or a
separate species. I believe these to be distinctions without important
differences, so humble the origins and evolution of man truly are.
Parenthetically, I wonder what that anthropological scientist Heidi
Klum thinks on the subject.
Previously I wrote:
FOUND: MISSING LINK BETWEEN APES AND MAN.... These stories, and
the many like it, are old news and I subscribe to the more studied view
that there is no “missing link” per se and in my view they are
distinctions without significant differences. I previously wrote:
To Learn More About From Whence Man Came, This Link's For You
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
Olbermann Slams Tea Party Senate Candidate For Voting Against Water
Fluoridation MSNBC Countdown host Keith Olbermann has slammed
a Tea Party Senate candidate who won a key primary victory this
week, intimating that she is crazy because she believes sodium
fluoride, a deadly poison, is poisonous. This is really quite incredible
and Angle must be lauded because of this ‘inconvenient, and really
life / health threatening truth’ (but what do you expect from a dying
network that shills for a mobster like t_rump, etc.) YouTube
Removes Video of Obamatron Thug Attacking Tea Party Activist As
should be expected, the original video posted by Watson was
removed by YouTube due to terms of use violation, a common tactic
employed by YouTube to take down videos it does not agree with or
that have received complaints, ALTHOUGH TRUTH BE TOLD, I
PERSONALLY EXPERIENCED THE SAME CENSORSHIP BY JONES ET
ALS IN MY COMMENTARY ON HIS SITES, AND WOULDN’T EVEN
WASTE MY TIME THERE AS SUCH, HYPOCRITS THAT THEY ARE.
Wikileaks Founder Julian Assange Hunted By Pentagon Over Massive Leak
Anxious that Wikileaks may be on the verge of publishing a batch of
secret State Department cables, investigators are desperately
searching for founder Julian Assange.
$34 Billion Asset Manager Says Market Prices Are Manipulated, Accuses
NYSE Of Intellectual Property Theft, Debunks HFT “Liquidity Provider”
Lies As part of the SEC’s process to fix the broken market, it is
currently soliciting public feedback on a variety of issues. Why it is
doing so, we don’t know – after all anything that does not conform to
the SEC’s preconception of what the most lucrative market to the
SEC’s recent batch of clients (see earlier news about an SEC director
going to HFT specialist Getco) is, just ends up in the shredder anyway
Soros Says ‘We Have Just Entered Act II’ of Crisis Bloomberg | Soros said
the current situation in the world economy is “eerily” reminiscent of the
1930s. Gerald Celente: U.S. Financial Markets to Collapse by End of 2010
Infowars.com | Gerald Celente is a renowned trend forecaster, publisher of
the Trends Journal, business consultant and author who makes
predictions about the global financial markets and other events of
historical importance. Jobless Claims in U.S. Decreased Last Week to
456,000 Bloomberg | More Americans than anticipated filed applications for
unemployment benefits last week.
Greek Default Seen by Almost 75% in Poll Doubtful About Trichet Global
investors have little confidence in Europe’s efforts to contain its debt crisis
or in European Central Bank President Jean-Claude Trichet, with 73
percent calling a default by Greece likely. 12 Reasons Why The U.S.
Housing Crash Is Far From Over Over the past several months, many in
the mainstream media have hailed the slight improvement in the U.S. real
estate market as a “housing recovery”. US Needs Austerity Too: Hedge
Fund Strategist The United States will have to adopt austerity measures
similar to the ones taken in Europe, because the problems faced are largely
the same, Timothy Scala, macro-strategist at Sophis Investments, told
CNBC.com. Market Analyst: ‘BP’s Not Going to Last as a Company
More Than a Matter of Months’ We’ve heard politicians, even conservative
Republicans, suggest BP would be held completely responsible for the
devastation caused by the oil spill plaguing the Gulf of Mexico, even if it
means its very existence.
Why To Question the 2010 Stock Market Rally [Why To Question the 2010
Stock Market Rally – Web Site Archived with Charts Click Here - In the
past year, we've written a lot about the similarity between the rally of
early 1930 and the one we had through April of this year. The early
1930 rally came after the market had fallen nearly 50% in the fall of
1929. The spring 1930 rally took the market up nearly 50% again, to a
level that was only about 20% below the previous peak. That rally, of
course, was also the biggest sucker's rally in history. After the market
peaked in April 1930, it crashed again, eventually ending up down 89%
from the 1929 high and more than 80% from the 1930 high. The market
did not reach the 1930 high again for another quarter of a century. The rally
that recently ended in April 2010 came after a crash that was actually
slightly more severe than the 1929 crash (53% versus 48%). It took the
market up nearly 80% from the low! The recent rally also lasted longer
than the 1930 rally did--a year, as opposed to 6 months … ]
REMEMBER: In 1930, They Didn’t Know It Was “The Great Depression” Yet
In the past year, we’ve written a lot about the similarity between the
rally of early 1930 and the one we had through April of this year.
Investment Banker: It’s Going To Get Nasty – Buy Land, Barbed Wire
And Guns A top investment banker has warned that the economic
fallout of the sovereign debt crisis could get so nasty over the next
five years that people would be wise to abandon the markets and
instead buy land, barbed wire and guns.
‘What Does China Want?’ They want to speak to Rosanne Rosanna Danna,
of course! ‘Asian markets tumble on fears over Hungary’ …Riiiiight!
Hungary’s the thing! … Rosanne Rosanna Danna, formerly of SNL fame
wanted in Asia to chime in with what her mama always used to say, ‘ It’s
always something ‘ . Of course, it matters little to the frauds on wall street
what the something is said to be since the reality is … ‘This is a global
depression. This is a secular bear market in a global depression. This was
a manipulated bull (s***) cycle in a secular bear market. This has been a
typically manipulated bubble as has preceded the prior crashes with great
regularity that the wall street frauds and insiders commission and sell into.
This is a typical wall street churn and earn pass the hot potato scam / fraud
as in prior crashes.’ ( It should be noted, and there have been a multitude
of other instances, that I’m getting substantial ‘attacks’ vis-à-vis my
internet connection which has slowed dramatically these posts. I don’t
think the interference is either accidental nor just coincidental but
consistent with corrupt defacto bankrupt america’s critics of which I am
one and not alone in that regard – slowing, militating against the
devastating truth about america.) Europe is Heading for a Depression
Despite a nearly-$1 trillion rescue operation, financial conditions in the
eurozone continue to deteriorate. All the gauges of market stress are
edging upwards and credit default swaps (CDS) spreads have widened to
levels not seen since the weekend of the emergency euro-summit. Key
Indicators of a New Depression With the mainstream media focusing on the
country’s leveling unemployment rate, improving retail sales, and nascent
housing recovery, one might think that the US government has
successfully navigated the economy through recession and growth has
returned. Get Ready for a Double Dip … but many warning flags point
towards significant deterioration in the U.S. and global economy going
forward and so I think that by the end of the year or early 2011, we could
very well be facing a new leg down in the world’s economic situation … [I’d
say too optimistic since, to reiterate: This is a global depression. This is a
secular bear market in a global depression. This was a manipulated bull
(s***) cycle in a secular bear market. This has been a typically manipulated
bubble as has preceded the prior crashes with great regularity that the wall
street frauds and insiders commission and sell into. This is a typical wall
street churn and earn pass the hot potato scam / fraud as in prior crashes.]
The Worst Money Supply Plunge Since The Depression Means A Double
Dip Is Now A ‘Virtual Certainty’ The stock of U.S. money as measured by
‘M3′ money supply fell to $13.9 trillion from $14.2 trillion during the three
months ending in April. [ This is still an extraordinarily high level but … I
don’t buy it. I believe the printing presses have been working overtime to
pump out ever more worthless fiat currency and with the many trillions of
worthless fraudulent paper still out there and marked to anything. I further
believe the same is being surreptitiously used to supplant the fraudulent
paper, the consequences of which will be devastating, of course, as is
invariably so in depressions in any event. This scenario would also mean
huge fraud accomplis. ] Fiat Money Supply Contracting at Great
Depression Level The bankster operative who helped destroy Glass-
Steagall is back. Larry Summers, Obama’s top economic adviser, has told
Congress to “grit its teeth” and approve a fresh fiscal boost of $200 billion
to keep growth on track, reports the Daily Telegraph. Fiat Money Supply
Contracting at Great Depression Level Kurt Nimmo | The Federal Reserve
stopped publishing M3 figures back in 2006.
Sell in May and Go Away, Indeed [ I wasn’t kidding; and, I’m still not
kidding when I say: This is a great opportunity to sell / take profits
because there’s much worse to come! ]
THE FORECASTS:
Harry Dent, Jr. Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and mid-
2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009
instead of 2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between
2010 and 2012
Russell Napier is the author of the book “Anatomy of the Bear”, a professor
at the Edinburgh Business School and a consultant to CLSA Ltd. which is
one of the top research houses in Asia. Napier’s research indicates (and I
paraphrase) that: The S&P 500 will Decline to 400 by 2014 (the Dow 30 to
3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices
bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30
to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3
signaling the end of the bear market, as it has done at the end of the four
largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve
Currency
Robert R. Prechter Jr. is author of a number of newsletters and books
including “Elliott Wave Principle” (1978) in which he predicted the super
bull market of the 1980s; “At the Crest of the Tidal Wave – A Forecast of the
Great Bear Market” (1995) in which he predicted a slow motion economic
earthquake, brought about by a great asset mania, that would register 11
on the financial Richter scale causing a collapse of historic proportions;
and “Conquer the Crash: You can Survive and Prosper in a Deflationary
Depression” (2002) in which he described the economic cataclysm that we
are just beginning to experience and advised how to position one’s self
financially during that period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely
to below 777 which was the starting point of its mania back in August 1982,
and quite likely drop below 400 at one or more times during the bear
market.
Click here to see the Debt Clock, which is updated every second.
(Previously) I’d say this alito vs. wobama is a tempest in a teapot inasmuch
as alito is more than just a lightweight, hack, liar, fraud etc., as set forth in
the comments. alito is a criminal who should have served / should be
serving time in prison for obstruction of justice, bribery, among other RICO
violations. To alito, drug money is as green as corporate money and worth
his vote as well. In addition to being an inept [I looked in on the one mob
case he had brought, bungled, lost (accidently on purpose?) since I was
suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt alito brought in
all 20 mob defendants (rather than prosecute one or a few to flip them first)
who feigning illness had beds/cots in the courtroom along with their moans
during testimony and had the jury in stitches)] and corrupt (see below and
particularly the summary provided to the FBI under penalty of perjury [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenalty
ofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ] ) u.s.
attorney.
You’re naïve to think that the so-called supreme court is any different from
the rest of the meaningfully lawless and pervasively corrupt american
‘system’. I knew well an accomplished trial lawyer, fellow american college
of trial lawyers / and a bar examiner, who pondered from time to time
becoming a judge “so he’d never have to work again” – his words.
-----------------------
Really? That's a pretty sweeping statement to make about someone who's
only been on the court a short few years.
the loser here is alito.lost his composure not good for a judge especially
afederal or supreme justice .loser big time this will live with guy for a very
time.roberts and the other justices will have a talk with him that is a
given.this relly larger than o one day news cycle.
Posted by: donaldtucker | January 28, 2010 1:12 AM |
Ron Paul: After ‘CIA coup,’ agency ‘runs military’ US House Rep. Ron Paul
says the CIA has has in effect carried out a “coup” against the US
government, and the intelligence agency needs to be “taken out.” I
also personally believe there has been a defacto coup d’etat which
has manifested in various substantial, blatant, brazened frauds, ie.,
wall street, missing 360 tons of $100 bills in Iraq, war profiteering, etc.,
without any fear of prosecution, and of course concomitant decline for
u.s. as the treasury is looted. But I also believe its scope is beyond
just the CIA with many complicit within the corrupted 3 branches of
u.s. government (fed judges, us attorneys, illegal system, etc.) plus
the military and private big money, ie., Goldman Sachs / wall street
men, etc., among other organized crime. america is defacto bankrupt
in every way!
Rendition: Where the War on Terror Meets the War on Drugs Patrick
Henningsen | It’s time to ditch the policies we have come to tolerate for
decades before they consume what is left of our moral core. I’ve
experienced the corrupt inter-relationship of the government (all 3
corrupt branches) and the illegal drug trade / obstruction of justice /
bribery first hand, particularly the courts / u.s. attorneys offices (ie.,
alito – now u.s. supreme court justice – quid pro quo for his
complicity / cover-up), feds; see immediately after article excerpt for
links / summary.
[ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenalt
yofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ].
america’s just a fraudulent and failed defacto bankrupt nation.
There must be such things as parallel universes (I don’t really believe that,
because there isn’t) or how else do you explain the disconnect
between reality, current and prospective, and the wet dreams posited
to keep the war funding / corporate welfare programs alive in
collectively what has already become a trillion dollar boondoggle (not
counting prospective medical costs, etc.) and promises to go much
higher. Even israel apologist Cohen of The Washington Post alludes
to the Vietnam analogy. However, even if there were real goals beyond
the poppy / heroin trade which the Taliban had all but eradicated
(there isn’t); even if america wasn’t defacto bankrupt (america is);
even if america wasn’t killing innocent civilians in large numbers (war
criminal nation america is); even if america’s allies haven’t similarly
helped to bankrupt themselves by way of this war (they have); even if I
hadn’t told you so (I did) ….. this war still was, is, and remains a very
bad idea!
How does anyone take the u.s. seriously in light of their credibility
problems, war crimes, etc.? What nuke technology israel didn’t steal
from the u.s., the u.s. gave them along with missile, armaments, etc..
and paid for with taxpayer money that u.s. taxpayers and the defacto
bankrupt nation don’t have.
It's time to expel israel from the UN Without doubt, the israeli attack on the
Gaza-bound "Freedom Flotilla" in the dawn of Monday, May 31, 2010 is
one of the most savage crimes in recent history. It seems the ruling
power in Tel Aviv has been afflicted with a variant of mad cow
disease; otherwise, how could it be so cruel to unleash such a beastly
raid on the "Mavi Marmara," the Turkish flagship of a flotilla carrying
medical and humanitarian supplies to the hapless people of Gaza
Strip?
You think Iraq was bad? Invading Iran ‘would be lunacy’ Ivan Eland,
Director of the Center on Peace and Liberty at the Independent
Institute in Washington DC, gives his opinion on new sanctions
imposed on Iran.
Glen Reply:
June 11th, 2010 at 6:47 am
Lunacy it would be.
But it is also to their great credit that the Iranians have not made their own
threats.
Everyone knows there are 3 WMD threats, Nuclear Biological and chemical.
The scariest of which is Biological.
Any attack done under the threat of immediate biological retaliation would
deter only the insane.
Watch out america home of the insane, home of the leaders who want an
80% population reduction.
Gaza blockade illegal, must be lifted — UN rights official Israeli blockade
of Gaza unsustainable: White House US Jewish opinion and the
‘Beinart moment’ The controversial book, The Israel Lobby, in which
the political scientists, John Mearsheimer and Stephen Walt, argued
that US foreign policy has been hijacked by organized Zionism went
strangely unnoticed by the leading journal of American intellectual
opinion, the New York Review of Books. Doubts Grow Over Israel’s
Value as U.S. Ally Jim Lobe | The notion is that Israel and its actions
have since the Cold War increasingly become a “strategic liability” to
U.S. interests in the region.
Launch of secret US space ship masks even more secret launch of new
weapon
http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv
War in Afghanistan and Iraq costs America $1trillion From the Old | On May
30th at 10:06 the United States reached the point where they have
spent $1trillion on the wars in Afghanistan and Iraq. Sinking of the
Cheonan: A Classic False Flag Operation Russia Today | Sinking of
the warship was really intended to convince Japan not to move US
forces off Okinawa as well as divert the attention of Americans from
the dire economic situation at home. . Israel: IDF Troops Who
Murdered Unarmed Innocent People Are ‘Brave Heroes’ The
government of israel, aided by many quarters of the international
media, is attempting to spin today’s deadly IDF assault on a
humanitarian aid ship carrying supplies to Gaza as the fault of the
murdered activists on board the vessel, ludicrously characterizing
machine-gun carrying Israeli troops who killed over a dozen innocent
people as the victims of the incident.
Murder on the high seas JERUSALEM: Israeli marines stormed aid ships
bound for Gaza on Monday and at least 10 rights activists were killed,
triggering a diplomatic crisis and an emergency session of the UN
Security Council. European nations, as well as the United Nations and
Turkey, voiced shock and outrage at the bloody end to the
international campaigners' bid to break Israel's blockade of the Gaza
Strip
Previously I wrote:
FOUND: MISSING LINK BETWEEN APES AND MAN.... These stories, and
the many like it, are old news and I subscribe to the more studied view
that there is no “missing link” per se and in my view they are
distinctions without significant differences. I previously wrote:
To Learn More About From Whence Man Came, This Link's For You
Seeing Aliens Will Likely Take Centuries. Centuries? Not goin’ to happen;
at best, decades.